Integrated Filing — IndAS



General information about company

Scrip Code 543955
NSE Symbol TREL
MSEI Symbol NOTLISTED
ISIN INE0O3901029
Name of company Transindia Real Estate Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 11-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 06-11-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 11-11-2025   11:45:00
End date and time of board meeting 11-11-2025   16:03:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 2,014.27 4,110.15
Other income 792.73 1,153.03
Total income 2,807.00 5,263.18
2 Expenses
(a) Cost of materials consumed 174.56 298.43
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 423.94 769.11
(e) Finance costs 34.43 68.55
(f) Depreciation, depletion and amortisation expense 442.82 875.37
(f) Other Expenses
1 Other expenses 535.81 771.37
Total other expenses 535.81 771.37
Total expenses 1,611.56 2,782.83
3 Total profit before exceptional items and tax 1,195.44 2,480.35
4 Exceptional items 0.00 0.00
5 Total profit before tax 1,195.44 2,480.35
6 Tax expense
7 Current tax 264.34 391.04
8 Deferred tax 73.82 210.24
9 Total tax expenses 338.16 601.28
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 857.28 1,879.07
12 Profit (loss) from discontinued operations before tax 22.68 (254.35)
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 22.68 (254.35)
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 879.96 1,624.72
17 Other comprehensive income net of taxes 8.02 6.65
18 Total Comprehensive Income for the period 887.98 1,631.37
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 897.77 1,624.66
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 8.02 6.65
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 4,914.00 4,914.00
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.35 0.76
Diluted earnings (loss) per share from continuing operations 0.35 0.76
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0.01 -0.1
Diluted earnings (loss) per share from discontinued operations 0.01 -0.1
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.36 0.66
Diluted earnings (loss) per share from continuing and discontinued operations 0.36 0.66
24 Debt equity ratio 0.00 0.00
25 Debt service coverage ratio 0.00 0.00
26 Interest service coverage ratio 0.00 0.00
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1.The unaudited Consolidated financial results of Transindia Real Estate Limited (the Company) for quarter and six months ended September 30, 2025 have been prepared in accordance with the Indian Accounting Standards (“Ind AS”) as prescribed under Section 133 of the Companies Act, 2013 (as amended) read with the Companies (Indian Accounting Standards) Rules, 2015, as amended. During the current quarter, the Company has changed the policy for rounding off presentation in the results from Rs in lakhs to Rs.in Crore as Management believes it would result in better presentation. Accordingly, financial results for the quarter ended June 30, 2025, quarter and six months ended September 30, 2024 and year ended March 31, 2025 are rounded off to the nearest Rs Crore. (2) The unaudited Consolidated financial results for the quarter and six months ended September 30,2025 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on November 11, 2025. The Statutory Auditors have conducted a limited review of these results pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. There are no qualifications in the report issued by the auditors. (3) For the quarter ended September 30, 2025, following events have taken place:- (i) 'The Board of Directors of Avvashya Inland Park Private Limited, a wholly owned subsidiary of Transindia Real Estate Limited, has approved the sale of an investment property comprising land situated at Village Kandhroli Tarfe, Vankhal, and Wavandhal, Taluka Khalapur, District Raigad, Maharashtra, for a total consideration of Rs. 14.07 crores. As of September 30, 2025, the subsidiary company is yet to execute final sale deed in favour of the buyer in connection with the aforesaid transaction. Hence the Group has disclosed the said Investment Property under Asset held for Sale under Consolidate Statement of Assets and Liabilities. (ii) During the year ended March 31, 2025, the Income Tax Authorities conducted a search under Section 132 of the Income-tax Act, 1961 at the office premises of the Holding Company, some of its subsidiary and at the residence of one of its key managerial personnel. The Company had extended full cooperation during the course of the search and continues to provide information as and when requested by the authorities. The Company had made the necessary disclosures to the stock exchanges on February 12, 2025. During the quarter ended September 30, 2025, the Holding Company received a notice under Section 158BC of the Income-tax Act, 1961 requiring it to file a return before November 18, 2025. Management is in the process of filing the response to the notice and does not expect any material adjustments to the Consolidated financial results. (4)'In the previous year, Madanhatti Logistics and Industrial Parks Private Limited' (Wholly owned subsidiary of Transindia Real Estate Limited) has sold investment property (Land, building and other appurtenance) situated at Shoolagiri Taluka , Krishnagiri District, Tamil Nadu for a total consideration of Rs. 6776 lakhs pursuant to the approval of Board of Directors of Transindia Real Estate Limited ('the Holding Company') through a circular resolution dated 21 February 2025 (In principle Board approval was taken on 30 January 2025). The subsidiary Company had executed final Sales Deed in this regard with Caterpillar India Private Limited (hereinafter referred to as 'buyer') and the said transaction was concluded. (5) Exceptional item includes the following:- (Rs.in lakhs) Particulars Quarter ended Six months ended Year ended 30.9.25 30.6.25 30.9.24 30.9.25 30.9.24 31.3.25 (A) Continuing operations Cost incurred towards - - - - - (235) conversion closing milestone [refer note 5 (a)] - - - - - 3447 Gain on sale of Investment Property (refer note 4) (B) Discontinued operations Expense incurred towards 23 (277) - (254) - - contractual obligation [refer note 5 (b)]. 5 (a) In the previous year, the Holding Company incurred Rs 2.35 crores as cost towards fulfiling milestones in relation to Securities Subscription and Purchase Agreement (“SSPA”) executed for dilution of its equity stake in specified companies. 5(b) Exceptional item includes expense amounting to Rs 2.54 Crores incurred towards contractual obligation pertaning to demerged undertaking pursuant to NCLT demerger order. (6) The Board of directors of the Holding Company at it's meeting held on 07 August 2025 has considered and approved the merger of Madanahatti Logistics and Industrial Parks Private Limited (Wholly Owned Subsidiary of the Holding Company) with Transindia Real Estate Limited. The next date of hearing is scheduled on 25th November 2025. (7) Figures of the previous quarters/periods have been re-grouped wherever considered necessary. (8) The consolidated financial results of the Group are available on the Company's website.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 897.73
Capital work-in-progress
Investment property 89,476.10
Goodwill 0.00
Other intangible assets 0.97
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 0.00
Trade receivables, non-current
Loans, non-current 1.33
Other non-current financial assets 20,059.75
Total non-current financial assets 20,061.08
Deferred tax assets (net) 380.42
Other non-current assets 8,774.44
Total non-current assets 1,19,590.74
2 Current assets
Inventories 0.00
Current financial asset
Current investments 12,185.10
Trade receivables, current 621.24
Cash and cash equivalents 251.40
Bank balance other than cash and cash equivalents 7.52
Loans, current 366.37
Other current financial assets 190.93
Total current financial assets 13,622.56
Current tax assets (net)
Other current assets 433.64
Total current assets 14,056.20
3 Non-current assets classified as held for sale 1,274.33
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 1,34,921.27
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 4,913.91
Other equity 1,20,963.15
Total equity attributable to owners of parent 1,25,877.06
Non controlling interest (14.17)
Total equity 1,25,862.89
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities 2,344.47
Total non-current financial liabilities 2,344.47
Provisions, non-current 0.00
Deferred tax liabilities (net) 2,994.17
Deferred government grants, Non-current
Other non-current liabilities 878.52
Total non-current liabilities 6,217.16
Current liabilities
Current financial liabilities
Borrowings, current 0.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 272.64
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 96.62
Total Trade payable 369.26
Other current financial liabilities 454.14
Total current financial liabilities 823.40
Other current liabilities 2,017.82
Provisions, current 0.00
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 2,841.22
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 9,058.38
Total equity and liabilites 1,34,921.27
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Logistics Park and commercial properties 1,978.15 4,000.15
2 Equipment Hiring (Non crane) 0.000365 0.0011
Total Segment Revenue 2,014.65 4,110.15
Less: Inter segment revenue 0.00 0.00
Revenue from operations 2,014.65 4,110.15
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Logistics Park and commercial properties 436.87 1,349.87
2 Equipment Hiring (Non crane) 0.00 46.00
Total Profit before tax 436.87 1,395.87
i. Finance cost 34.55 68.55
ii. Other Unallocable Expenditure net off Unallocable income (793.03) (1,153.00)
Profit before tax 1,195.35 2,480.32
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Logistics Park and commercial properties 1,32,358.93 1,32,358.93
2 Equipment Hiring (Non crane) 2,182.00 2,182.00
Total Segment Asset 1,34,540.93 1,34,540.93
Un-allocable Assets 0.00 0.00
Net Segment Asset 1,34,540.93 1,34,540.93
4 Segment Liabilities
Segment Liabilities
1 Logistics Park and commercial properties 5,720.30 5,720.30
2 Equipment Hiring (Non crane) 344.00 344.00
Total Segment Liabilities 6,064.30 6,064.30
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 6,064.30 6,064.30
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) 'Segment revenue, results, assets and liabilities represent amounts identifiable to each of the operating segments.



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss (8.02) (6.65)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income 8.02 6.65



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 2,480.35
Adjustments for reconcile profit (loss)
Adjustments for finance costs 68.55
Adjustments for decrease (increase) in inventories 0.00
Adjustments for decrease (increase) in trade receivables, current (736.88)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (313.18)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 0.00
Adjustments for increase (decrease) in trade payables, non-current 340.62
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 875.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 279.04
Adjustments for provisions, current 20.90
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current (170.47)
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income (4.78)
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 78.35
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 254.35
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 701.06
Net cash flows from (used in) operations 3,181.41
Dividends received 0.00
Interest paid 0.00
Interest received (5.45)
Income taxes paid (refund) (558.34)
Other inflows (outflows) of cash (2,242.34)
Net cash flows from (used in) operating activities 1,491.96
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 170.95
Purchase of property, plant and equipment 5,233.35
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 4.78
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (605.72)
Net cash flows from (used in) investing activities (5,663.34)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 0.00
Payments of lease liabilities 0.00
Dividends paid 0.00
Interest paid 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 0.00
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (4,171.38)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (4,171.38)
Cash and cash equivalents cash flow statement at beginning of period 4,422.53
Cash and cash equivalents cash flow statement at end of period 251.15





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 C C Dangi & Associates Yes 30-09-2028