Integrated Filing — IndAS



General information about company

Scrip Code 544726
NSE Symbol KOTYARK
MSEI Symbol NOTLISTED
ISIN INE0J0B01017
Name of company KOTYARK 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 27-04-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 20-04-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Manufacturing of Bio Diesel
Start date and time of board meeting 27-04-2026   17:15:00
End date and time of board meeting 27-04-2026   19:30:00
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 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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 6,365.88 31,487.01
Other income 0.00 4.53
Total income 6,365.88 31,491.54
2 Expenses
(a) Cost of materials consumed 4,157.21 21,221.86
(b) Purchases of stock-in-trade 2,900.85 5,185.23
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (3,289.92) (2,172.62)
(d) Employee benefit expense 172.85 537.02
(e) Finance costs 234.65 831.91
(f) Depreciation, depletion and amortisation expense 321.57 1,281.70
(f) Other Expenses
1 Manufacturing Expenses 153.95 607.85
2 Other Expenses 356.63 1,313.94
Total other expenses 510.58 1,921.79
Total expenses 5,007.79 28,806.89
3 Total profit before exceptional items and tax 1,358.09 2,684.65
4 Exceptional items 0.00 0.00
5 Total profit before tax 1,358.09 2,684.65
6 Tax expense
7 Current tax 471.00 846.00
8 Deferred tax (50.96) (97.75)
9 Total tax expenses 420.04 748.25
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 938.05 1,936.40
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 938.05 1,936.40
17 Other comprehensive income net of taxes 17.59 17.82
18 Total Comprehensive Income for the period 955.64 1,954.22
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 933.18 1,877.10
Total profit or loss, attributable to non-controlling interests 4.87 59.30
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 17.59 17.82
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 1,027.91 1,027.91
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 0.00
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 9.08 18.26
Diluted earnings (loss) per share from continuing operations 9.08 18.26
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 9.08 18.26
Diluted earnings (loss) per share from continuing and discontinued operations 9.08 18.26
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) 1. The above Consolidated financial results of the Group (the Statement) have been reviewed by the Audit Committee and subsequently approved by the Board of Directors of the Company at its Meeting held on April 27, 2026 and have been subjected to audited by the statutory auditors of the group on which the auditors have expressed an unmodified opinion. 2. The Parent Company was earlier listed on the SME Platform (EMERGE) of the National Stock Exchange of India Limited (NSE). Upon migration, the equity shares of the Parent Company were listed on the Main Board of NSE and BSE Limited (BSE) with effect from March 12, 2026. Accordingly the Parent Company has adopted Indian Accounting Standards (“Ind AS) effective from April 1, 2025 and date of transition to Ind AS is April 1, 2024 in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (as amended), notified under Section 133 of the Companies Act, 2013, read with relevant rules thereunder, and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with the applicable provisions and guidance issued thereunder. Accordingly the Company has adopted Indian Accounting Standards (“Ind AS) effective from April 1, 2025 and date of transition to Ind AS is April 1, 2024 in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (as amended), notified under Section 133 of the Companies Act, 2013, read with relevant rules thereunder, and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with the applicable provisions and guidance issued thereunder. Accordingly: (c) The audited standalone financial results for the year ended March 31, 2025 have been prepared in accordance with Ind AS. (d) The comparative figures for the quarter ended December 31, 2025 and March 31, 2025 were not published earlier. The conversion of the aforesaid IGAAP figures to IND AS has been carried out by the management, and these IND AS has been carried out by the management, and these IND AS comparative figures have not been subjected to limited review or audit. 3. The group is engaged primarily in the business of Manufacturing of Bio Diesel and all its operations are in India only. Accordingly, there is no separate reportable segment as per Ind AS 108 on ‘Operating Segments’ in respect of the Company. 4. (a) The parent company has manufacturing facilities located at Padgol (Gujarat) and Swaroopganj (Rajasthan). The Company’s registration with the Bio-Fuel Authority, Government of Rajasthan, was valid up to July 31, 2022. The parent company applied for renewal on July 06, 2022. As the renewal was delayed, the parent company filed a writ petition before the Hon’ble Rajasthan High Court. The Hon’ble Court directed the parent company to remove certain deficiencies and file a fresh application within one week, and further directed the authorities to take a decision within three weeks. The parent company complied with these directions and submitted all required documents within the stipulated time. Despite such compliance, the renewal was not granted, and the matter remained pending. Consequently, the parent company filed another writ petition before the Hon’ble Rajasthan High Court. (b) During the pendency of this petition, on July 02, 2025, a team of officials, including a Hon’ble Minister, inspected the Swaroopganj unit of parent company, seized four storage tanks containing raw material (Veg Ester) aggregating to 6,84,000 Litre, and initiated criminal proceedings against one of the Directors of the parent company. The parent company approached the Hon’ble Rajasthan High Court, which, vide order dated August 26, 2025, permitted continuation of operations for fulfillment of supply commitments to Oil Marketing Companies (OMCs). The director of the parent company also filed Writ petition to quash the criminal proceeding and the Hon. Rajasthan High Court vide order dated August 06, 2025 stayed the criminal proceeding. Thus parent company continues to operate its Swaroopganj unit and supply to OMCs in compliance with applicable laws. © The value of the seized raw material continues to be reflected as inventory in the accompanying financial results, as the management is confident of its release and subsequent utilization in the normal course of production. The management confirms that there has been no loss of production or disruption in supplies and remains confident of a favourable outcome in the matter. 5. During the current year, the Parent Company has subscribed to Capital: (a)An amount of Rs. 55.00 Lacs in Parth Renewable Energy LLP representing 55 % of legal and beneficial ownership of the total partner’s capital of the Limited Liability Partnership. (b)An amount of Rs. 55.00 Lacs in Asia Bio Fuels LLP representing 55 % of legal and beneficial ownership of the total partner’s capital of the Limited Liability Partnership. 6. The Board of Directors of the holding parent company at its meeting held on April 27, 2026, has proposed a final dividend of Rs. 5.00 per equity share i.e. 50% on face value of Rs. 10.00 per equity share for the Financial Year 2025-26. This payment is subject to approval by shareholders in the ensuing Annual General Meeting of the Parent Company. 7. The shareholders of the Parent Company at the Annual General Meeting held on September 29, 2025 approved a final dividend of Rs. 1.00 per equity share (i.e., 10% on the face value of Rs. 10 each) for the financial year 2024–25. Pursuant to a request from the promoter group, the promoters holding 69,65,022 equity shares have voluntarily relinquished their right to receive the dividend, amounting to Rs. 69.65 lakhs in accordance with the provisions of the Companies Act, 2013 and the Articles of Association of the Company. Accordingly, the Parent Company has paid dividend on 33,14,094 equity shares aggregating to Rs. 33.14 lakhs. 8. The figures reported in the Consolidated financial results for the quarters ended December 31, 2025, March 31, 2025 and March 31, 2026 are based on management-certified accounts and have not been subjected to audit or limited review by the statutory auditors. The Company was not required to submit quarterly financial results under Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) for the relevant periods. Accordingly, while the annual financial statements for the respective financial years have been audited and published, the quarterly figures have been derived by the management from such audited financial statements, and the same have not been subjected to audit or review by the statutory auditors.



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 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 5,651.05
Capital work-in-progress 1,339.57
Investment property
Goodwill 0.00
Other intangible assets 0.00
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 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Other Assets 707.34
Total of other non-current financial assets 707.34
Total non-current financial assets 707.34
Deferred tax assets (net) 109.21
Other non-current assets
Total of other non-current assets
Total non-current assets 7,807.17
2 Current assets
Inventories 15,114.26
Current financial asset
Current investments 0.00
Trade receivables, current 1,769.79
Cash and cash equivalents 138.57
Bank balance other than cash and cash equivalents 0.00
Loans, current 1,101.34
Other current financial assets
Total of other current financial assets 129.58
Total current financial assets 3,139.28
Current tax assets (net)
Other current assets
Total of other current assets
Total current assets 18,253.54
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 26,060.71
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,027.91
Other equity 17,045.58
Total equity attributable to owners of parent 18,073.49
Non controlling interest 157.86
Total equity 18,231.35
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 2,077.64
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
Total of other non-current financial liabilities
Total non-current financial liabilities 2,077.64
Provisions, non-current 78.16
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 2,155.80
Current liabilities
Current financial liabilities
Borrowings, current 4,409.28
Trade payables, 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 72.40
Total Trade payable 72.40
Other current financial liabilities
1 Other Financial Liabilities 85.15
Total of other current financial liabilities 85.15
Total current financial liabilities 4,566.83
Other current liabilities 293.82
1 Other current liabilities 293.82
Total of other current liabilities 293.82
Provisions, current 8.34
Current tax liabilities (Net) 804.57
Deferred government grants, Current
Total current liabilities 5,673.56
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 7,829.36
Total equity and liabilites 26,060.71
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 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited 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 Profit / (Loss) on remeasurement of Post Employment Benefit Obligations 23.51 23.81
Total Amount of items that will not be reclassified to profit and loss 23.51 23.81
2 Income tax relating to items that will not be reclassified to profit or loss 5.92 5.99
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 17.59 17.82



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 31-03-2026
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 2,684.65
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0.00
Adjustments for decrease (increase) in inventories (2,283.10)
Adjustments for decrease (increase) in trade receivables, current (841.33)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current (389.29)
Adjustments for other financial assets, current 85.29
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (1,157.09)
Adjustments for increase (decrease) in trade payables, non-current 0.00
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 1,281.70
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 19.06
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 121.69
Adjustments for other financial liabilities, non-current (113.20)
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 0.83
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) 807.55
Other adjustments for non-cash items 33.11
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (2,436.44)
Net cash flows from (used in) operations 248.21
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 640.38
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities (392.17)
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 19.21
Purchase of property, plant and equipment 279.11
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 0.83
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (259.07)
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 1,506.63
Repayments of borrowings 0.00
Payments of lease liabilities 0.00
Dividends paid 33.14
Interest paid 810.13
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 90.00
Net cash flows from (used in) financing activities 753.36
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 102.12
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 102.12
Cash and cash equivalents cash flow statement at beginning of period 36.45
Cash and cash equivalents cash flow statement at end of period 138.57





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
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 Manubhai & Shah LLP Yes 28-02-2028