| Scrip Code | 544622 |
|---|---|
| NSE Symbol | KWIL |
| MSEI Symbol | NOTLISTED |
| ISIN | INE2KCE01013 |
| Name of company | Kwality Wall's (India) 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 | 20-05-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 16-05-2026 |
| 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 | Ice-cream |
| Start date and time of board meeting | 20-05-2026 14:35:00 |
| End date and time of board meeting | 20-05-2026 15:50:00 |
| 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 |
| 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 | 12-12-2025 |
| Indicate Company website link for updated RPT policy of the Company | https://www.kwalitywallsindia.com/investors/corporate-governance/policies.html |
| 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 |
| No default during the period | |
| 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 | 48,580.00 | 2,24,530.00 | |
| Other income | 20.00 | 30.00 | |
| Total income | 48,600.00 | 2,24,560.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 21,740.00 | 78,980.00 |
| (b) | Purchases of stock-in-trade | 13,230.00 | 56,510.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (7,830.00) | (15,140.00) |
| (d) | Employee benefit expense | 5,100.00 | 18,550.00 |
| (e) | Finance costs | 910.00 | 2,970.00 |
| (f) | Depreciation, depletion and amortisation expense | 3,820.00 | 17,230.00 |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 24,180.00 | 96,620.00 |
| Total other expenses | 24,180.00 | 96,620.00 | |
| Total expenses | 61,150.00 | 2,55,720.00 | |
| 3 | Total profit before exceptional items and tax | (12,550.00) | (31,160.00) |
| 4 | Exceptional items | (1,770.00) | (11,390.00) |
| 5 | Total profit before tax | (14,320.00) | (42,550.00) |
| 6 | Tax expense | ||
| 7 | Current tax | 0.00 | 0.00 |
| 8 | Deferred tax | (3,610.00) | (5,670.00) |
| 9 | Total tax expenses | (3,610.00) | (5,670.00) |
| 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 | (10,710.00) | (36,880.00) |
| 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 | (10,710.00) | (36,880.00) |
| 17 | Other comprehensive income net of taxes | 480.00 | 480.00 |
| 18 | Total Comprehensive Income for the period | (10,230.00) | (36,400.00) |
| 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 | 23,500.00 | 23,500.00 | |
| Face value of equity share capital | 1 | 1 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | 43,720.00 | |
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | -0.46 | -1.57 | |
| Diluted earnings (loss) per share from continuing operations | -0.46 | -1.57 | |
| 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 | -0.46 | -1.57 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | -0.46 | -1.57 | |
| 24 | Debt equity ratio | 82.00 | 82.00 |
| 25 | Debt service coverage ratio | -70.0 | -70.0 |
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 1. The audited financial results for the quarter ended 31st March 2026 and for the period from 10th January 2025 to 31st March 2026 of Kwality Wall's (India) Limited (the 'Company') have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard prescribed under Section 133 of the Companies Act, 2013 ('the Act') and other recognized accounting practices generally accepted in India. The aforesaid financial results are in compliance with Regulation 33 of SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015 as amended ('the Listing Regulations') and have been reviewed by the Audit Committee and subsequently approved by the Board of Directors of the Company at its meeting held on 20th May 2026. These financial results have been subjected to audit by statutory auditors, who have issued an unmodified opinion on the same. 2. The Hon’ble National Company Law Tribunal (Mumbai) Bench, vide its Order dated 30th October 2025 read with rectification order dated 6th November 2025, sanctioned the Scheme of Arrangement (the Scheme) between Hindustan Unilever Limited (“HUL” / Demerged Company) and the Company and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Act, for the demerger of Ice Cream Business Undertaking (Demerged Undertaking) of HUL. The Scheme is effective from 1st December 2025, which is also the Appointed Date as defined in the Scheme. a. The Company has given the effect to the Scheme in accordance with the accounting treatment specified in the Scheme and per applicable accounting standard as under: Recorded the assets and liabilities at their respective carrying values as appearing in the books of HUL as at the effective date. The difference between fair value of equity shares amounting to Rs. 48,185 million and net assets is recognised as a debit balance in Capital Reserve. The pre-demerger share capital stands cancelled and transferred to Capital Reserve. b. Pursuant to the Scheme, the Board of Directors of the Company at its meeting held on 12th December 2025 allotted 2,349,591,262 Equity Shares of Re. 1/- each to the shareholders of HUL as on the Record Date, i.e. Friday, 5th December 2025, in the ratio of 1:1, i.e. 1 (one) fully paid-up equity share of KWIL having a face value Re. 1/- (Rupee One) for every 1 (one) fully paid-up equity share of face value Re. 1/- (Rupee One) held in HUL (Share Entitlement Ratio) pursuant to the Scheme. The excess between the fair value of equity shares and face value is being recognised as Securities Premium. c. The debit balance in Capital Reserve is adjusted against the credit balance in Securities Premium as specified in the Scheme. d. Further the equity shares of the Company were listed on BSE Limited and National Stock Exchange of India Limited (stock exchanges) on 16th February 2026. 3. The Company was incorporated on 10th January 2025 and pursuant to Section 2(41) of the Act, the first financial statements is for the period 10th January 2025 to 31st March 2026. Accordingly, these financial results are for the period 10th January 2025 to 31st March 2026. Further, in accordance with the accounting treatment prescribed under the Scheme, the figures for the period 10th January 2025 to 30th November 2025 have been restated from the date of incorporation of the Company. 4. The figures for the quarter ended 31st March 2026 are the balancing figures between audited figures in respect of the period from 10th January 2025 to 31st March 2026 and the unaudited published figures up to the period from 10th January 2025 to 31st Decemeber 2025 which were subjected to limited review by the statutory auditors. 5. Financial results for the period 10th January 2025 to 31st March 2025 have been certified by the management and not subjected to limited review or audit by statutory auditors of the Company. 6. The Magnum Ice Cream Company HoldCo 1 Netherlands B.V (“Magnum”), entered into a Share Purchase Agreement dated 25 June 2025 (“SPA”) with Unilever PLC and its group companies ('Unilever Group'), to acquire the entire shareholding of the Company held by the Unilever Group, representing 61.90% of the issued and paid-up share capital of the Company, comprising 1,454,412,858 shares. On 16th February 2026, the Company got listed on stock exchanges, and an open offer had been launched by Magnum to acquire up to 610,893,729 equity shares from the public shareholders, representing 26% of the paid-up equity shares. On 30th March, 2026, Magnum acquired the shares from Unilever Group in accordance with the SPA and other applicable laws. Pursuant to above, Magnum has acquired control over the Company and is classified as a “promoter” of the Company in accordance with Section 2 (69) of the Companies Act, 2013 and the Listing Regulations. The open offer was concluded on 7th May 2026 resulting in Magnum holding 61.91% of the paid-up equity share capital of the Company as at the date of approval of the financial results. 7. The Company has identified ‘Ice-cream' as its only primary reportable segment in accordance with the requirements of Ind AS 108, 'Operating Segments'. Accordingly, no separate segment information has been provided. 8. Exceptional items for the quarter ended 31st March 2026 includes establishment cost, impact of change in labour code and other costs. 9.Effective 21st November 2025, the Government of India has consolidated multiple existing labour legislations into a unified framework comprising four Labour Codes collectively referred to as the 'New Labour Codes'. The Company has assessed the financial implications of these changes which has resulted in increase in gratuity liability arising out of past service cost by Rs. 89 million primarily arising due to change in the definition of wages. Considering the materiality and non-recurring nature of this impact, the Company has presented such impact under Exceptional Items in the financial results for the period from 10th January 2025 to 31st March 2026. The Company continues to monitor the finalisation of central and state rules, as well as Government clarifications on aspects of Labour Codes, and will incorporate accounting treatments, if any, based on these developments. 10. The financial results until the period ended 31st December 2025 (including all quarters) were presented in Rs. crores. Effective 1st January 2026, the Company has presented the financial results in Rs. million. Consequently, the results for the comparative quarters / periods have also been presented in Rs. million. 11.Loss per share (basic and diluted) has been calculated considering equity shares issued pursuant to the Scheme from the date of incorporation of the Company. |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| 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 | 69,760.00 | |
| Capital work-in-progress | 4,360.00 | |
| Investment property | ||
| Goodwill | 0.00 | |
| Other intangible assets | 60.00 | |
| 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 | ||
| Loans, non-current | 560.00 | |
| Other non-current financial assets | ||
| 1 | Other Financial Assets | 570.00 |
| 2 | Non-current tax assets (net) | 20.00 |
| Total of other non-current financial assets | 590.00 | |
| Total non-current financial assets | 1,150.00 | |
| Deferred tax assets (net) | 5,710.00 | |
| Other non-current assets | ||
| 1 | Right of use assets | 48,310.00 |
| Total of other non-current assets | 48,310.00 | |
| Total non-current assets | 1,29,350.00 | |
| 2 | Current assets | |
| Inventories | 30,330.00 | |
| Current financial asset | ||
| Current investments | 0.00 | |
| Trade receivables, current | 10,770.00 | |
| Cash and cash equivalents | 1,400.00 | |
| Bank balance other than cash and cash equivalents | 0.00 | |
| Loans, current | 130.00 | |
| Other current financial assets | ||
| Total of other current financial assets | 11,630.00 | |
| Total current financial assets | 23,930.00 | |
| Current tax assets (net) | 0.00 | |
| Other current assets | ||
| Total of other current assets | ||
| Total current assets | 54,260.00 | |
| 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 | 1,83,610.00 | |
| Equity and liabilities | ||
| 1 | Equity | |
| Equity attributable to owners of parent | ||
| Equity share capital | 23,500.00 | |
| Other equity | 43,720.00 | |
| Total equity attributable to owners of parent | 67,220.00 | |
| Non controlling interest | ||
| Total equity | 67,220.00 | |
| 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 | 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 | Lease liabilities | 44,220.00 |
| 2 | Other financial liabilities | 90.00 |
| Total of other non-current financial liabilities | 44,310.00 | |
| Total non-current financial liabilities | 44,310.00 | |
| Provisions, non-current | 2,060.00 | |
| Deferred tax liabilities (net) | ||
| Deferred government grants, Non-current | ||
| Other non-current liabilities | ||
| Total of other non-current liabilities | ||
| Total non-current liabilities | 46,370.00 | |
| Current liabilities | ||
| Current financial liabilities | ||
| Borrowings, current | 5,030.00 | |
| Trade payables, current | ||
| (A) Total outstanding dues of micro enterprises and small enterprises | 1,570.00 | |
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 50,120.00 | |
| Total Trade payable | 51,690.00 | |
| Other current financial liabilities | ||
| 1 | Lease liabilities | 5,540.00 |
| 2 | Other financial liabilities | 3,420.00 |
| Total of other current financial liabilities | 8,960.00 | |
| Total current financial liabilities | 65,680.00 | |
| Other current liabilities | 2,240.00 | |
| 1 | Other current liabilities | 2,240.00 |
| Total of other current liabilities | 2,240.00 | |
| Provisions, current | 2,100.00 | |
| Current tax liabilities (Net) | ||
| Deferred government grants, Current | ||
| Total current liabilities | 70,020.00 | |
| 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 | 1,16,390.00 | |
| Total equity and liabilites | 1,83,610.00 | |
| Disclosure of notes on assets and liabilities | ||
| 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 | |||||||
| 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 | Remeasurements of the net defined benefit plans | 640.00 | 640.00 |
| Total Amount of items that will not be reclassified to profit and loss | 640.00 | 640.00 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 160.00 | 160.00 |
| 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 | 480.00 | 480.00 |
| 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 | (42,550.00) | |||||
| Adjustments for reconcile profit (loss) | ||||||
| Adjustments for finance costs | 3,750.00 | |||||
| Adjustments for decrease (increase) in inventories | (16,410.00) | |||||
| Adjustments for decrease (increase) in trade receivables, current | (9,260.00) | |||||
| Adjustments for decrease (increase) in trade receivables, non-current | 0.00 | |||||
| Adjustments for decrease (increase) in other current assets | (4,740.00) | |||||
| Adjustments for decrease (increase) in other non-current assets | 0.00 | |||||
| Adjustments for other financial assets, non-current | 880.00 | |||||
| Adjustments for other financial assets, current | 5,400.00 | |||||
| Adjustments for other bank balances | 0.00 | |||||
| Adjustments for increase (decrease) in trade payables, current | 30,870.00 | |||||
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | |||||
| Adjustments for increase (decrease) in other current liabilities | 1,840.00 | |||||
| Adjustments for increase (decrease) in other non-current liabilities | 0.00 | |||||
| Adjustments for depreciation and amortisation expense | 17,230.00 | |||||
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 6,240.00 | |||||
| Adjustments for provisions, current | 790.00 | |||||
| Adjustments for provisions, non-current | (930.00) | |||||
| Adjustments for other financial liabilities, current | 620.00 | |||||
| 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 | (30.00) | |||||
| Adjustments for share-based payments | 210.00 | |||||
| Adjustments for fair value losses (gains) | (10.00) | |||||
| 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 | 1,510.00 | |||||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Total adjustments for reconcile profit (loss) | 38,020.00 | |||||
| Net cash flows from (used in) operations | (4,530.00) | |||||
| Dividends received | 0.00 | |||||
| Interest paid | 0.00 | |||||
| Interest received | 0.00 | |||||
| Income taxes paid (refund) | 20.00 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) operating activities | (4,550.00) | |||||
| 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 | 21,390.00 | |||||
| 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 | (21,390.00) | |||||
| 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 | 500.00 | |||||
| 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 | 5,030.00 | |||||
| Repayments of borrowings | 0.00 | |||||
| Payments of lease liabilities | 7,870.00 | |||||
| Dividends paid | 0.00 | |||||
| Interest paid | 80.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | 29,760.00 | |||||
| Net cash flows from (used in) financing activities | 27,340.00 | |||||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | 1,400.00 | |||||
| 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 | 1,400.00 | |||||
| Cash and cash equivalents cash flow statement at beginning of period | 0.00 | |||||
| Cash and cash equivalents cash flow statement at end of period | 1,400.00 | |||||
| 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 | M/s. Walker Chandiok & Co. LLP | Yes | 31-05-2028 | ||
|---|---|---|---|---|---|
Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter) |
| 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 | |||||||||||||
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| Name | PAN | Name | PAN | Relationship of the counterparty with the listed entity or its subsidiary | Opening balance | Closing balance | Nature of indebtedness (loan/ issuance of debt/ any other etc.) | Details of other indebtedness | Cost | Tenure | Nature (loan/ advance/ intercorporate deposit/ investment ) | Interest Rate (%) | Tenure | Secured/ unsecured | Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage) | ||||||||||
| 1 | Kwality Wall's (India) Limited | Hindustan Unilever Limited | Erstwhile Fellow Subsidiary | Any other transaction | Payment of processing charges | 2,000.00 | NA | 1,260.00 | 0.00 | 1,345.00 | |||||||||||||||
| 2 | Kwality Wall's (India) Limited | Hindustan Unilever Limited | Erstwhile Fellow Subsidiary | Any other transaction | Reciept of processing charges | 1,500.00 | NA | 1,240.00 | 0.00 | 1,419.00 | |||||||||||||||
| 3 | Kwality Wall's (India) Limited | Hindustan Unilever Limited | Erstwhile Fellow Subsidiary | Any other transaction | Expenses for transitional service agreements | 500.00 | NA | 270.00 | 0.00 | 287.00 | |||||||||||||||
| 4 | Kwality Wall's (India) Limited | Hindustan Unilever Limited | Erstwhile Fellow Subsidiary | Any other transaction | Reimbursments paid | 2,600.00 | NA | 1,050.00 | 0.00 | 1,139.00 | |||||||||||||||
| 5 | Kwality Wall's (India) Limited | Hindustan Unilever Limited | Erstwhile Fellow Subsidiary | Any other transaction | Reimbursments received | 500.00 | NA | 130.00 | 0.00 | 150.00 | |||||||||||||||
| 6 | Kwality Wall's (India) Limited | Unilever Europe Business Center B.V. | Erstwhile Fellow Subsidiary | Any other transaction | Expenses for transitional service agreements | 878.70 | NA | 690.00 | 0.00 | 154.00 | Textual Information(1) | ||||||||||||||
| 7 | Kwality Wall's (India) Limited | Unilever IP Holdings B.V. | Erstwhile Fellow Subsidiary | Any other transaction | Royalty - Trademark | 1,789.60 | NA | 1,789.60 | 0.00 | 0.00 | |||||||||||||||
| 8 | Kwality Wall's (India) Limited | Unilever IP Holdings B.V. | Erstwhile Fellow Subsidiary | Any other transaction | Royalty - Technology | 767.00 | NA | 767.00 | 0.00 | 0.00 | |||||||||||||||
| 9 | Kwality Wall's (India) Limited | Unilever Industries Private Limited | Erstwhile Fellow Subsidiary | Any other transaction | Reimbursments paid | 300.00 | NA | 200.00 | 0.00 | 200.00 | |||||||||||||||
| 10 | Kwality Wall's (India) Limited | Unilever PLC | Erstwhile Holding Company | Any other transaction | Share based payments | 210.00 | NA | 210.00 | 0.00 | 210.00 | |||||||||||||||
| 11 | Kwality Wall's (India) Limited | Kwality Wall's (India) Limited Employees' Superannuation Fund Trust | Trust | Any other transaction | Contributions during the year (Employer's contribution only) | 0.00 | NA | 70.00 | 0.00 | 0.00 | Textual Information(2) | ||||||||||||||
| 12 | Kwality Wall's (India) Limited | Ravindra Pisharody | Independent Directors | Any other transaction | Director sitting fees | 0.00 | NA | 6.00 | 0.00 | 1.00 | |||||||||||||||
| 13 | Kwality Wall's (India) Limited | Shukla Wassan | Independent Directors | Any other transaction | Director sitting fees | 0.00 | NA | 6.00 | 0.00 | 1.00 | |||||||||||||||
| 14 | Kwality Wall's (India) Limited | Madhavan Hariharan | Independent Directors | Any other transaction | Director sitting fees | 0.00 | NA | 8.00 | 0.00 | 2.00 | |||||||||||||||
| 15 | Kwality Wall's (India) Limited | JV Raman | Independent Directors | Any other transaction | Director sitting fees | 0.00 | NA | 8.00 | 0.00 | 2.00 | |||||||||||||||
| 16 | Kwality Wall's (India) Limited | Ravindra Pisharody | Independent Directors | Any other transaction | Director Commission | 0.00 | NA | 7.00 | 0.00 | 7.00 | |||||||||||||||
| 17 | Kwality Wall's (India) Limited | Shukla Wassan | Independent Directors | Any other transaction | Director Commission | 0.00 | NA | 7.00 | 0.00 | 7.00 | |||||||||||||||
| 18 | Kwality Wall's (India) Limited | Madhavan Hariharan | Independent Directors | Any other transaction | Director Commission | 0.00 | NA | 7.00 | 0.00 | 7.00 | |||||||||||||||
| 19 | Kwality Wall's (India) Limited | JV Raman | Independent Directors | Any other transaction | Director Commission | 0.00 | NA | 7.00 | 0.00 | 7.00 | |||||||||||||||
| 20 | Kwality Wall's (India) Limited | Magnum IP Holdings B.V. | Fellow Subsidiary | Any other transaction | Royalty assignment | 0.00 | NA | 0.00 | 0.00 | 3,938.00 | Textual Information(3) | ||||||||||||||
| 21 | Kwality Wall's (India) Limited | Prashant Premrajka | Key Management Personnel | Remuneration | 0.00 | NA | 233.00 | 0.00 | 0.00 | ||||||||||||||||
| 22 | Kwality Wall's (India) Limited | Chitrank Goel | Key Management Personnel | Remuneration | 0.00 | NA | 163.00 | 0.00 | 0.00 | ||||||||||||||||
| 23 | Kwality Wall's (India) Limited | Anand Upadhyay | Key Management Personnel | Remuneration | 0.00 | NA | 9.00 | 0.00 | 0.00 | ||||||||||||||||
| 24 | Kwality Wall's (India) Limited | Vidhi Sanghavi | Key Management Personnel | Remuneration | 0.00 | NA | 1.00 | 0.00 | 0.00 | ||||||||||||||||
| 25 | Kwality Wall's (India) Limited | Hindustan Unilever Limited | Erstwhile Fellow Subsidiary | Any other transaction | Receivable with respect to PLI | 0.00 | NA | 0.00 | 0.00 | 5,800.00 | Textual Information(4) | ||||||||||||||
| Total value of transaction during the reporting period | 8,138.60 | ||||||||||||||||||||||||
| Textual Information(1) | Approval taken from Audit committee ~ 0.9 euro million (INR 87.87 Mn) |
| Textual Information(2) | These are employer pension contributions paid to Kwality Wall's (India) Limited Employees' Superannuation Fund Trust. |
| Textual Information(3) | In March 2026, Unilever assigned its rights, to outstanding receivable for the period 1st October 2025 to 31st March 2026 towards central services and royalty payable, to Magnum IP Holdings B.V. |
| Textual Information(4) | Receivable from Demerged Company. The Company had applied for and claimed benefits under Production Linked Incentive scheme of the Ministry of Food Processing Industries, Government of India (“MoFPI”) in respect of the Demerged Undertaking prior to the Demerger. As per the Scheme these balances are transferred to the Company. |