Integrated Filing — IndAS



General information about company

Scrip Code 538902
NSE Symbol DTIL
MSEI Symbol NOTLISTED
ISIN INE341R01014
Name of company Dhunseri Tea & Industries 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 12-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 03-11-2025
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 Audited
Segment Reporting Geographical
Description of single segment
Start date and time of board meeting 12-11-2025   12:00:00
End date and time of board meeting 12-11-2025   14:25:00
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 Not applicable



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 Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 17,099.27 28,597.25
Other income 48.31 200.83
Total income 17,147.58 28,798.08
2 Expenses
(a) Cost of materials consumed 100.21 205.92
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 325.27 (3,850.46)
(d) Employee benefit expense 8,385.19 15,744.32
(e) Finance costs 582.26 1,013.82
(f) Depreciation, depletion and amortisation expense 522.80 1,047.90
(f) Other Expenses
1 Power and Fuel expenses 1,616.75 3,081.73
2 Other expenses 3,710.73 8,049.01
Total other expenses 5,327.48 11,130.74
Total expenses 15,243.21 25,292.24
3 Total profit before exceptional items and tax 1,904.37 3,505.84
4 Exceptional items 204.80 204.80
5 Total profit before tax 2,109.17 3,710.64
6 Tax expense
7 Current tax 0.00 0.00
8 Deferred tax (6.46) 159.60
9 Total tax expenses (6.46) 159.60
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 2,115.63 3,551.04
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
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 2,115.63 3,551.04
17 Other comprehensive income net of taxes (69.31) 51.61
18 Total Comprehensive Income for the period 2,046.32 3,602.65
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 1,050.74 1,050.74
Face value of equity share capital 10 10
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 20.13 33.8
Diluted earnings (loss) per share from continuing operations 20.13 33.8
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 20.13 33.8
Diluted earnings (loss) per share from continuing and discontinued operations 20.13 33.8
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 4. The above consolidated results for the quarter and six months ended September 30,2025, were reviewed and approved by the Audit Committee / Board of Directors at their meeting held on November 12, 2025. The financial results of the Group have been prepared in accordance with the Indian Accounting Standards ('Ind AS') as prescribed under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules, 2015, as amended. The Statutory Auditors of the Parent Company have carried out a Limited Review of the above financial results for the quarter and six months ended 30th September, 2025 in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and have issued an unmodified conclusion. 5. Cost of Materials consumed represents Green tea leaves purchased during the period. Biological assets represents other than bearer plants. 6. With a view to rationalise the operations and improve the profitability, the Parent Company has sold specified assets of Deohall Tea Estate with effect from 1st September 2025, and profit on such sale amounting to Rs 204.80 lakhs has been disclosed as Exceptional Items . Exceptional Items for the previous year ended March 31, 2025 include profit on sale of Dilli Tea Estate amounting to Rs. 1,154.82 Lakhs and profit on sale of Jaipur Packet Factory amounting to Rs 1574.00 lakhs respectively. 7. The Consolidated financial results include the results of the following entities: Dhunseri Tea & Industries Limited (DTIL) - Parent Company Dhunseri Petrochem & Tea Pte Ltd. (DPTPL)-Subsidiary of DTIL Dhunseri Mauritius Pte Limited-Subsidiary of DPTPL Makandii Tea and Coffee Estates Ltd. (MTCEL)-Subsidiary of DPTPL Kawalazi Estate Company Limited-Subsidiary of DPTPL A M Henderson & Sons Limited-Subsidiary of MTCEL Ntimabi Estate Limited-Subsidiary of MTCEL Chiwale Estate Management Services Limited-Subsidiary of MTCEL *Wholly owned subsidiaries and therefore there is no minority interest. 8. The Group has applied IND AS 29 'Accounting for Hyperinflationary economies' on subsidiaries operating in Malawi w.e.f. April 1, 2024, since the Malawi kwacha is a functional currency of these subsidiaries in Malawi which is a hyperinflationary economy. The restatement under Ind AS 29 has resulted in a net loss of Rs. 36.46 lakhs for the six months ended September 30, 2025 (Rs. 33.00 lakhs for the quarter ended June 30, 2025 and Rs. 454 lakhs for the previous period ended March 31, 2025) which has been recognized in these consolidated financial results and is non-cash in nature. Considering that the presentation currency of consolidated financial results is INR, the restatement of comparative figures in consolidated financial results is not required. 9. The Group is engaged in the integrated process of growing, harvesting, manufacturing and sale of tea and macadamia nuts and has identified it as the only operating segment. Further, the cultivation and production of tea and macadamia nuts being seasonal in nature, the performance of the Group varies from quarter to quarter and the results of the quarter as such are not representative of the expected annual performance of the Group.



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 Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 68,236.79
Capital work-in-progress 8,659.26
Investment property 405.39
Goodwill 0.00
Other intangible assets 97.48
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 1,053.01
Trade receivables, non-current 927.03
Loans, non-current 0.00
Other non-current financial assets 350.75
Total non-current financial assets 2,330.79
Deferred tax assets (net) 114.25
Other non-current assets 790.13
Total non-current assets 80,634.09
2 Current assets
Inventories 10,340.44
Current financial asset
Current investments 0.00
Trade receivables, current 4,549.21
Cash and cash equivalents 1,678.02
Bank balance other than cash and cash equivalents 14.69
Loans, current 6.43
Other current financial assets 666.82
Total current financial assets 6,915.17
Current tax assets (net) 0.00
Other current assets 1,500.75
Total current assets 18,756.36
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 99,390.45
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,050.74
Other equity 54,404.07
Total equity attributable to owners of parent 55,454.81
Non controlling interest 0.00
Total equity 55,454.81
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 11,052.16
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities 407.16
Total non-current financial liabilities 11,459.32
Provisions, non-current 2,560.23
Deferred tax liabilities (net) 6,727.96
Deferred government grants, Non-current 0.00
Other non-current liabilities 292.08
Total non-current liabilities 21,039.59
Current liabilities
Current financial liabilities
Borrowings, current 12,279.08
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 73.91
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 4,285.93
Total Trade payable 4,359.84
Other current financial liabilities 2,008.72
Total current financial liabilities 18,647.64
Other current liabilities 2,847.86
Provisions, current 1,391.88
Current tax liabilities (Net) 8.67
Deferred government grants, Current 0.00
Total current liabilities 22,896.05
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 43,935.64
Total equity and liabilites 99,390.45
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 Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 a) India 12,645.83 19,888.72
2 b) Outside India 4,453.44 8,708.53
Total Segment Revenue 17,099.27 28,597.25
Less: Inter segment revenue
Revenue from operations 17,099.27 28,597.25
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 a) India 2,913.18 4,149.85
2 b) Outside India (474.86) 168.98
Total Profit before tax 2,438.32 4,318.83
i. Finance cost 582.26 1,013.82
ii. Other Unallocable Expenditure net off Unallocable income (253.11) (405.63)
Profit before tax 2,109.17 3,710.64
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 a) India 65,748.21 65,748.21
2 b) Outside India 33,642.24 33,642.24
Total Segment Asset 99,390.45 99,390.45
Un-allocable Assets 0.00 0.00
Net Segment Asset 99,390.45 99,390.45
4 Segment Liabilities
Segment Liabilities
1 a) India 20,276.87 20,276.87
2 b) Outside India 23,658.77 23,658.77
Total Segment Liabilities 43,935.64 43,935.64
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 43,935.64 43,935.64
Disclosure of notes on 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 Audited
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
1 Remeasurement gain on defined benefit plans 13079000 26159000
2 Net gain/(loss) on fair valuation of equity instruments through other comprehensive income -19368000 -14766000
Total Amount of items that will not be reclassified to profit and loss (62.89) 113.93
2 Income tax relating to items that will not be reclassified to profit or loss 9.01 52.30
3 Amount of items that will be reclassified to profit and loss
1 Exchange differences on translation of foreign operations 259000 -1002000
Total Amount of items that will be reclassified to profit and loss 2.59 (10.02)
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (69.31) 51.61



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 Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 3,710.64
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0.00
Adjustments for decrease (increase) in inventories (3,172.75)
Adjustments for decrease (increase) in trade receivables, current (3,129.54)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 186.82
Adjustments for decrease (increase) in other non-current assets (1.16)
Adjustments for other financial assets, non-current 56.66
Adjustments for other financial assets, current (62.07)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 287.69
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 1,668.82
Adjustments for increase (decrease) in other non-current liabilities (0.86)
Adjustments for depreciation and amortisation expense 933.30
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 730.73
Adjustments for provisions, non-current (128.64)
Adjustments for other financial liabilities, current (8.90)
Adjustments for other financial liabilities, non-current (125.08)
Adjustments for unrealised foreign exchange losses gains 4.17
Adjustments for dividend income 0.00
Adjustments for interest income 0.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (219.31)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 57.33
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (2,922.79)
Net cash flows from (used in) operations 787.85
Dividends received 0.00
Interest paid (983.18)
Interest received (2.81)
Income taxes paid (refund) (326.96)
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 2,095.18
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 2,434.22
Purchase of property, plant and equipment 1,468.30
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 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities 965.92
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 2,244.68
Payments of lease liabilities 33.58
Dividends paid 105.07
Interest paid 990.57
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (3,373.90)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (312.80)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.13
Net increase (decrease) in cash and cash equivalents (312.67)
Cash and cash equivalents cash flow statement at beginning of period 1,990.69
Cash and cash equivalents cash flow statement at end of period 1,678.02