Integrated Filing — IndAS

General information about company

Scrip Code	532310
NSE Symbol	SHREERAMA
MSEI Symbol	NOTLISTED
ISIN	INE879A01019
Name of company	SHREE RAMA MULTI-TECH 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	09-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	01-05-2026
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	Standalone
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 Packaging Materials
Start date and time of board meeting	09-05-2026 11:00:00
End date and time of board meeting	09-05-2026 13:40:00
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	Statement on impact of audit qualification
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	05-08-2025
Indicate Company website link for updated RPT policy of the Company	https://www.srmtl.com/pdfs/Policy/Amended_Policy_on_Materiality_of_RPT_Dealing_with_RPT.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
The Company had not defaulted on Loans and Debts Securites

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	Standalone	Standalone
1	Income
	Revenue from operations	6,245.44	23,967.74
	Other income	13.53	379.04
	Total income	6,258.97	24,346.78
2	Expenses
(a)	Cost of materials consumed	3,684.26	13,813.13
(b)	Purchases of stock-in-trade	0.00	0.00
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	(48.14)	(508.80)
(d)	Employee benefit expense	712.81	2,689.46
(e)	Finance costs	26.18	105.01
(f)	Depreciation, depletion and amortisation expense	237.70	960.38
(f)	Other Expenses
1	Power & Fuel Expenses	248.11	1,031.61
2	Other Expenses	759.06	2,896.28
	Total other expenses	1,007.17	3,927.89
	Total expenses	5,619.98	20,987.07
3	Total profit before exceptional items and tax	638.99	3,359.71
4	Exceptional items	0.00	0.00
5	Total profit before tax	638.99	3,359.71
6	Tax expense
7	Current tax	0.00	(7.88)
8	Deferred tax	167.45	891.36
9	Total tax expenses	167.45	883.48
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	471.54	2,476.23
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	471.54	2,476.23
17	Other comprehensive income net of taxes	(15.16)	(40.94)
18	Total Comprehensive Income for the period	456.38	2,435.29
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	6,673.40	6,673.40
	Face value of equity share capital	5	5
27	Details of debt securities
22	Reserves excluding revaluation reserve		11,079.73
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	0.33	1.77
	Diluted earnings (loss) per share from continuing operations	0.33	1.77
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	0.33	1.77
	Diluted earnings (loss) per share from continuing and discontinued operations	0.33	1.77
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results

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		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	8,178.80
	Capital work-in-progress	91.53
	Investment property	0.00
	Goodwill	0.00
	Other intangible assets	6.11
	Intangible assets under development	29.76
	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
1	Other financial assets	224.64
	Total of other non-current financial assets	224.64
	Total non-current financial assets	224.64
	Deferred tax assets (net)	2,109.35
	Other non-current assets
1	Other non-current assets	939.79
2	Income Tax Assets (net)	56.91
	Total of other non-current assets	996.70
	Total non-current assets	11,636.89
2	Current assets
	Inventories	4,233.81
	Current financial asset
	Current investments	0.00
	Trade receivables, current	5,832.88
	Cash and cash equivalents	859.35
	Bank balance other than cash and cash equivalents	0.00
	Loans, current	0.00
	Other current financial assets
	Total of other current financial assets	15.35
	Total current financial assets	6,707.58
	Current tax assets (net)	0.00
	Other current assets
1	Other current assets	207.52
	Total of other current assets	207.52
	Total current assets	11,148.91
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	22,785.80
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	6,673.40
	Other equity	11,079.73
	Total equity attributable to owners of parent	17,753.13
	Non controlling interest
	Total equity	17,753.13
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	1,337.37
	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
1	Other non-current financial liabilities	10.03
	Total of other non-current financial liabilities	10.03
	Total non-current financial liabilities	1,347.40
	Provisions, non-current	298.68
	Deferred tax liabilities (net)	0.00
	Deferred government grants, Non-current	0.00
	Other non-current liabilities
	Total of other non-current liabilities
	Total non-current liabilities	1,646.08
	Current liabilities
	Current financial liabilities
	Borrowings, current	855.09
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	613.03
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	1,435.58
	Total Trade payable	2,048.61
	Other current financial liabilities
1	Other current financial liabilities	191.77
	Total of other current financial liabilities	191.77
	Total current financial liabilities	3,095.47
	Other current liabilities	238.56
1	Other current liabilities	238.56
	Total of other current liabilities	238.56
	Provisions, current	52.56
	Current tax liabilities (Net)
	Deferred government grants, Current
	Total current liabilities	3,386.59
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	5,032.67
	Total equity and liabilites	22,785.80
	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		Standalone	Standalone
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	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Gratuity	(21.00)	(56.72)
	Total Amount of items that will not be reclassified to profit and loss	(21.00)	(56.72)
2	Income tax relating to items that will not be reclassified to profit or loss	(5.84)	(15.78)
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	0.00	0.00
5	Total Other comprehensive income	(15.16)	(40.94)

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		Standalone
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax		3,359.71
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs		105.01
	Adjustments for decrease (increase) in inventories		(1,042.14)
	Adjustments for decrease (increase) in trade receivables, current		(941.32)
	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		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		617.38
	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		960.38
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss		0.00
	Adjustments for provisions, current		0.00
	Adjustments for provisions, non-current		0.00
	Adjustments for other financial liabilities, current		0.00
	Adjustments for other financial liabilities, non-current		0.00
	Adjustments for unrealised foreign exchange losses gains		40.74
	Adjustments for dividend income		0.00
	Adjustments for interest income		378.16
	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		0.12
	Other adjustments to reconcile profit (loss)		0.00
	Other adjustments for non-cash items		57.90
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships		0.00
	Total adjustments for reconcile profit (loss)		(580.09)
	Net cash flows from (used in) operations		2,779.62
	Dividends received		0.00
	Interest paid		0.00
	Interest received		0.00
	Income taxes paid (refund)		(464.53)
	Other inflows (outflows) of cash		0.00
	Net cash flows from (used in) operating activities		3,244.15
	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		146.19
	Purchase of property, plant and equipment		1,610.39
	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		65.81
	Income taxes paid (refund)		0.00
	Other inflows (outflows) of cash		733.52
	Net cash flows from (used in) investing activities	(664.87)
	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		1,691.93
	Payments of lease liabilities		0.00
	Dividends paid		0.00
	Interest paid		91.32
	Income taxes paid (refund)		0.00
	Other inflows (outflows) of cash		0.00
	Net cash flows from (used in) financing activities		(1,783.25)
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes		796.03
	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		796.03
	Cash and cash equivalents cash flow statement at beginning of period		63.32
	Cash and cash equivalents cash flow statement at end of period		859.35

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	Statement on impact of audit qualification
Auditor's opinion	Qualified 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

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	Mahendra N. Shah & Co.	Yes	31-05-2027

Financial details

Amount in (Lakhs)

Sr.	Particulars	Audited Figures (as reported before adjusting for qualifications)	Adjusted Figures (audited figures after adjusting for qualifications)
1	Turnover / Total income	24,346.78	24,346.78
2	Total Expenditure	21,911.49	21,911.49
3	Net Profit/(Loss)	2,435.29	2,435.29
4	Earnings Per Share	1.77	1.77
5	Total Assets	22,785.80	22,785.80
6	Total Liabilities	5,032.67	5,032.67
7	Net Worth	17,753.13	17,753.13

Audit qualification

Amount in (Lakhs)

Sr.	Details of Audit Qualification	Type of Audit Qualification	Frequency of qualification	For Audit Qualification(s) where the impact is quantified by the auditor	For Audit Qualification(s) where the impact is not quantified by the auditor
Sr.	Details of Audit Qualification	Type of Audit Qualification	Frequency of qualification	Management's Views	(i) Management's estimation on the impact of audit qualification	(ii) If management is unable to estimate the impact, reasons for the same	Auditors' Comments on (i) or (ii) above
1	Textual Information(1)	Qualified opinion	Repetitive	Textual Information(2)	Textual Information(3)	Textual Information(4)	Textual Information(5)

Text Block

Textual Information(1)	Non consolidation of accounts of Shree Rama Maurities Limited (Wholly Owned Subsidiary (WOS)) as per Sec. 129 of the Act & Ind AS 110 of ICAI for the reasons specified in notes to accounts
Textual Information(2)	NA
Textual Information(3)	NA
Textual Information(4)	In respect of the investment made in Shree Rama (Mauritius) Limited, its wholly owned subsidiary (WOS), the resident directors & key managerial personnel of the said WOS had resigned in the year 2005-06 and audited accounts for the year ended 30th September 2003 and onwards could not be prepared and provided. Its present status is shown as defunct' under respective laws. The company has accordingly provided for diminution in the value of investments in the earlier years. In view of the above, it was not possible to prepare consolidated financial statements as required by Ind AS 110 Issued by ICAI, and other provisions of the Companies Act, 2013.
Textual Information(5)	Refer "Basis for Qualified Opinion" in the Independent Auditors' report dated 9th May, 2026 on the Standalone Financial Results of the company for the year ended on 31st March, 2026

Signatories detail

Name of CEO / Managing director	Shailesh K. Desai
Name of CFO	Krunal Shah
Name of audit committee chairman	Mittal K Patel
Name of statutory auditor	Mahendra N. Shah & Co.
Name of other signatory, if any, with designation	Chirag M. Shah
Place	Moti Bhoyan
Date	09-05-2026

Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

	Name	Name	Relationship of the counterparty with the listed entity or its subsidiary	Type of related party transaction	Details of other related party transaction		Remarks on approval by audit committee			Value of transaction during the reporting period	Opening balance	Closing balance	Nature of indebtedness (loan/ issuance of debt/ any other etc.)	Details of other indebtedness	Nature (loan/ advance/ intercorporate deposit/ investment )	Notes
Sr No.														Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
	Details of the party (listed entity/subsidiary) entering into the transaction	Details of the counterparty		Type of related party transaction	Details of other related party transaction	Value of the related party transaction as approved by the audit committee	Remarks on approval by audit committee	Value of the related party transaction ratified by the audit committee	Date of Audit Committee Meeting where the ratification was approved	Value of transaction during the reporting period	In case monies are due to either party as a result of the transaction		In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments		Details of the loans, inter-corporate deposits, advances or investments	Notes
1	Shree Rama Multi-tech Limited	Aculife Healthcare Private Limited	Promoters exercise control/significant influence	Purchase of goods or services		700.00	On Arm Length Basis			198.27	72.52	85.63
2	Shree Rama Multi-tech Limited	Aculife Healthcare Private Limited	Promoters exercise control/significant influence	Sale of goods or services		700.00	On Arm Length Basis			5.55	4.57	2.44
3	Shree Rama Multi-tech Limited	Hi Scan Private Limited	Entities over which Key Managerial Personnel has interest or concern	Purchase of goods or services		700.00	On Arm Length Basis			36.99	5.55	7.45
4	Shree Rama Multi-tech Limited	Hi Scan Private Limited	Entities over which Key Managerial Personnel has interest or concern	Sale of goods or services		700.00	On Arm Length Basis			0.53	0.00	0.00
5	Shree Rama Multi-tech Limited	Nirma Limited	Entities which is related to Promoters	Sale of fixed assets		100.00	On Arm Length Basis	1.00	05-02-2026	101.00	0.00	119.18
6	Shree Rama Multi-tech Limited	Heer Nihar Desai	Key Managerial Personnel has interest or concern	Advance		700.00	On Arm Length Basis			1.50	0.00	1.50
Total value of transaction during the reporting period										343.84