Integrated Filing — IndAS



General information about company

Scrip Code 000000
NSE Symbol BRACEPORT
MSEI Symbol NOTLISTED
ISIN INE0R4Z01018
Name of company BRACE PORT LOGISTICS LIMITED
Type of company SME
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 13-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 07-11-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Half Yearly
Reporting Quarter Half yearly
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
Segment Reporting Geographical
Description of single segment
Start date and time of board meeting 13-11-2025   16:00:00
End date and time of board meeting 13-11-2025   17:30:00
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 01-04-2025 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 3,294.07 3,294.07
Other income 65.92 65.92
Total income 3,359.99 3,359.99
2 Expenses
(a) Cost of materials consumed 2,715.71 2,715.71
(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 113.01 113.01
(e) Finance costs 10.82 10.82
(f) Depreciation, depletion and amortisation expense 19.63 19.63
(f) Other Expenses
1 OTHER EXPENSES 164.32 164.32
Total other expenses 164.32 164.32
Total expenses 3,023.49 3,023.49
3 Total profit before exceptional items and tax 336.50 336.50
4 Exceptional items 0.00 0.00
5 Total profit before tax 336.50 336.50
6 Tax expense
7 Current tax 88.51 88.51
8 Deferred tax (0.94) (0.94)
9 Total tax expenses 87.57 87.57
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 248.93 248.93
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 248.93 248.93
17 Other comprehensive income net of taxes 0.04 0.04
18 Total Comprehensive Income for the period 248.97 248.97
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 248.93 248.93
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 0.04 0.04
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 1,130.12 1,130.12
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 2.2 2.2
Diluted earnings (loss) per share from continuing operations 2.2 2.2
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 2.2 2.2
Diluted earnings (loss) per share from continuing and discontinued operations 2.2 2.2
24 Debt equity ratio 0.01 0.01
25 Debt service coverage ratio 16.80 16.80
26 Interest service coverage ratio 25.82 25.82
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Explanatory notes to the statement of unaudited consolidated financial results for the half year ended September 30, 2025 1. These unaudited consolidated financial results of the Group have been prepared in accordance with the Indian Accounting Standards as prescribed under Section 133 of the Companies Act 2013, as amended, read with the relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015 (the Regulations). 2. Result for the half year September 30, 2025 are in compliance with Indian Accounting Standard (Ind-AS), Consequently, result for the Half year ended September 30, 2024 have been restated to comply with Ind-AS to make them comparable. 3. These unaudited consolidated financial results have been reviewed by the Audit Committee at its meeting held on November 13, 2025 and have been approved by Board of Directors at its meeting held on November 13, 2025. These unaudited consolidated financial results have been reviewed by the statutory auditors of the company in accordance with Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015 (the Regulations). The statutory auditors have issued an unmodified conclusion on these unaudited consolidated financial results. 4. The Group is primarily engaged in providing integrated logistics solutions, other specialised logistics services and logistics operations. The Group has only one reportable segment i.e., 'providing integrated logistics solutions, other specialised logistics services and logistics operations' and accordingly disclosures as per IND AS 108 Operating Segments are not applicable. 5. On May 15, 2025, The Holding Company has incorporated a foreign associate named 'AllGlobal Logistics Inc.' in Markham ON, Canada. As at the period end, the holding company is in the process of making the overseas direct investment (ODI) outward remittance to the said associate. 6. Transition to Ind-AS: During the year ended ended March 31, 2025, The Group has adopted Ind AS. For all periods upto and including the half year ended September 30, 2024, the Group prepared its consolidated financial statements in accordance with Generally Accepted Accounting Principles (GAAP) and complied with accounting standards as notified under Section 133 of the Companies Act 2013, read together with rule 7 of the Companies (Accounts) Rules, 2014 (‘previous GAAP’ or ‘IGAAP’) to the extent applicable and the presentation requirements of the Companies Act, 2013. The transition of Ind AS was carried out in accordance with Ind AS 101, with April 01, 2023 being the date of transition. 7. Reconciliation of net profit as per previous GAAP and total comprehensive income as per Ind AS Particulars Notes Half Year ended September 30, 2024 Net profit as per previous GAAP 360.20 Adjustments Depreciation on property, plant and equipment 6.70 Tax impact on adjustments i (1.68) Effect of remeasurement of the defined benefit plan (net of tax) ii 2.04 Net profit as per Ind AS 367.26 Effect of remeasurement of the defined benefit plan (net of tax) ii (2.04) Total comprehensive income as per Ind AS 365.22 Notes to first-time adoption of Ind-AS i. Deferred Tax: Previous GAAP required deferred tax accounting using the income statement approach, which focuses on differences between taxable profits and accounting profits for the period. Ind AS 12 requires entities to account for deferred taxes using the balance sheet approach, which focuses on temporary differences between the carrying amount of an asset or liability in the balance sheet and its tax base. The application of Ind AS 12 approach has resulted in recognition of deferred tax on new temporary differences which was not required under previous GAAP. In addition, the various transitional adjustments lead to temporary differences. According to the accounting policies, the Group has to account for such differences. Deferred tax has been recognised on such temporary differences. ii. Remeasurement of the defined benefit plan: Ind AS 19 Employee Benefits requires the impact of re-measurement in net defined benefit liability (asset) to be recognized in other comprehensive income (OCI). Re-measurement of net defined benefit liability (asset) comprises actuarial gains and losses. This was being recognised in the statement of profit and loss in Statement of profit and loss in previous GAAP.



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 211.69
Capital work-in-progress 0.00
Investment property 0.00
Goodwill 0.00
Other intangible assets 0.00
Intangible assets under development 285.05
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 0.00
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets 437.71
Total non-current financial assets 437.71
Deferred tax assets (net) 1.50
Other non-current assets 1.74
Total non-current assets 937.69
2 Current assets
Inventories 0.00
Current financial asset
Current investments 0.00
Trade receivables, current 1,141.90
Cash and cash equivalents 536.48
Bank balance other than cash and cash equivalents 1,058.05
Loans, current 0.31
Other current financial assets 230.22
Total current financial assets 2,966.96
Current tax assets (net) 0.00
Other current assets 779.81
Total current assets 3,746.77
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 4,684.46
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,130.12
Other equity 3,065.96
Total equity attributable to owners of parent 4,196.08
Non controlling interest
Total equity 4,196.08
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 19.53
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 0.00
Total non-current financial liabilities 19.53
Provisions, non-current 15.41
Deferred tax liabilities (net) 0.00
Deferred government grants, Non-current 0.00
Other non-current liabilities 0.00
Total non-current liabilities 34.94
Current liabilities
Current financial liabilities
Borrowings, current 12.53
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 48.59
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 304.17
Total Trade payable 352.76
Other current financial liabilities 8.00
Total current financial liabilities 373.29
Other current liabilities 57.19
Provisions, current 0.18
Current tax liabilities (Net) 22.78
Deferred government grants, Current 0.00
Total current liabilities 453.44
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 488.38
Total equity and liabilites 4,684.46
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 01-04-2025 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 3,294.07 3,294.07
Total Segment Revenue 3,294.07 3,294.07
Less: Inter segment revenue
Revenue from operations 3,294.07 3,294.07
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 LOGISTICS 347.32 347.32
Total Profit before tax 347.32 347.32
i. Finance cost 10.82 10.82
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax 336.50 336.50
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 LOGISTICS 4,684.46 4,684.46
Total Segment Asset 4,684.46 4,684.46
Un-allocable Assets 0.00 0.00
Net Segment Asset 4,684.46 4,684.46
4 Segment Liabilities
Segment Liabilities
1 LOGISTICS 4,684.46 4,684.46
Total Segment Liabilities 4,684.46 4,684.46
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 4,684.46 4,684.46
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 01-04-2025 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
1 Remeasurement gain/(loss) of the defined benefit plan 16000 16000
Total Amount of items that will not be reclassified to profit and loss 0.16
2 Income tax relating to items that will not be reclassified to profit or loss 0.04 0.04
3 Amount of items that will be reclassified to profit and loss
1 Exchange differences in translating the financial information of foreign operations -8000 -8000
Total Amount of items that will be reclassified to profit and loss (0.08)
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 0.04 0.04



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 336.50
Adjustments for reconcile profit (loss)
Adjustments for finance costs 10.82
Adjustments for decrease (increase) in inventories 0.00
Adjustments for decrease (increase) in trade receivables, current 27.32
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 106.72
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current (124.36)
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 37.43
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 11.88
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 19.63
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 2.43
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current (1.66)
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (16.64)
Adjustments for dividend income 0.00
Adjustments for interest income 40.74
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 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 2.57
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 35.40
Net cash flows from (used in) operations 371.90
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 112.76
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 259.14
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 0.00
Purchase of property, plant and equipment 37.79
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 109.35
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 0.16
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 25.48
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (7.38)
Net cash flows from (used in) investing activities (128.88)
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 5.88
Payments of lease liabilities 0.00
Dividends paid 0.00
Interest paid 3.03
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (8.91)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 121.35
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.92
Net increase (decrease) in cash and cash equivalents 122.27
Cash and cash equivalents cash flow statement at beginning of period 414.21
Cash and cash equivalents cash flow statement at end of period 536.48