| Scrip Code | 533287 |
|---|---|
| NSE Symbol | ZEELEARN |
| MSEI Symbol | NOTLISTED |
| ISIN | INE565L01011 |
| Name of company | Zee Learn 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 | 22-05-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 15-05-2026 |
| 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 | 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 | Geographical |
| Description of single segment | |
| Start date and time of board meeting | 22-05-2026 17:15:00 |
| End date and time of board meeting | 22-05-2026 20:50:00 |
| 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 | Statement on impact of audit qualification |
| 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 | 17,677.42 | 43,906.31 | |
| Other income | 504.61 | 1,842.77 | |
| Total income | 18,182.03 | 45,749.08 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 0.00 | 0.00 |
| (b) | Purchases of stock-in-trade | 3,875.10 | 7,743.09 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 314.52 | (91.36) |
| (d) | Employee benefit expense | 3,525.89 | 16,333.68 |
| (e) | Finance costs | 1,145.63 | 3,809.94 |
| (f) | Depreciation, depletion and amortisation expense | 1,185.56 | 4,390.78 |
| (f) | Other Expenses | ||
| 1 | Marketing and advertising expenses | 1,621.25 | 2,949.77 |
| 2 | Other expenses | 3,017.69 | 6,582.83 |
| 3 | 0 | 0.00 | 0.00 |
| 4 | 0 | 0.00 | 0.00 |
| 5 | 0 | 0.00 | 0.00 |
| 6 | 0 | 0.00 | 0.00 |
| 7 | 0 | 0.00 | 0.00 |
| 8 | 0 | 0.00 | 0.00 |
| 9 | 0 | 0.00 | 0.00 |
| 10 | 0 | 0.00 | 0.00 |
| Total other expenses | 4,638.94 | 9,532.60 | |
| Total expenses | 14,685.64 | 41,718.73 | |
| 3 | Total profit before exceptional items and tax | 3,496.39 | 4,030.35 |
| 4 | Exceptional items | 3,101.01 | 2,747.88 |
| 5 | Total profit before tax | 6,597.40 | 6,778.23 |
| 6 | Tax expense | ||
| 7 | Current tax | 2,108.22 | 2,853.99 |
| 8 | Deferred tax | (52.57) | 71.69 |
| 9 | Total tax expenses | 2,055.65 | 2,925.68 |
| 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 | 4,541.75 | 3,852.55 |
| 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 | 4,541.75 | 3,852.55 |
| 17 | Other comprehensive income net of taxes | 5.27 | 16.05 |
| 18 | Total Comprehensive Income for the period | 4,547.02 | 3,868.60 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 4,541.75 | 3,852.55 | |
| 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 | 4,547.02 | 3,868.60 | |
| 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 | 3,270.62 | 3,270.62 | |
| Face value of equity share capital | 1 | 1 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | 20,232.17 | |
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 1.39 | 1.18 | |
| Diluted earnings (loss) per share from continuing operations | 1.38 | 1.17 | |
| 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 | 1.39 | 1.18 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 1.38 | 1.17 | |
| 24 | Debt equity ratio | 0 | 0 |
| 25 | Debt service coverage ratio | 0 | 0 |
| 26 | Interest service coverage ratio | 0 | 0 |
| 27 | Disclosure of notes on financial results | ||
| 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 | Consolidated | |
| Assets | ||
| 1 | Non-current assets | |
| Property, plant and equipment | 325.08 | |
| Capital work-in-progress | 0.00 | |
| Investment property | 46,351.03 | |
| Goodwill | 0.00 | |
| Other intangible assets | 9,544.38 | |
| Intangible assets under development | 12.96 | |
| Biological assets other than bearer plants | 0.00 | |
| Investments accounted for using equity method | 0.00 | |
| Non-current financial assets | ||
| Non-current investments | 594.00 | |
| Trade receivables, non-current | 0.00 | |
| Loans, non-current | 5,023.70 | |
| Other non-current financial assets | ||
| 1 | Other non-current financial assets | 109.78 |
| 2 | 0 | 0.00 |
| 3 | 0 | 0.00 |
| 4 | 0 | 0.00 |
| 5 | 0 | 0.00 |
| Total of other non-current financial assets | 109.78 | |
| Total non-current financial assets | 5,727.48 | |
| Deferred tax assets (net) | 855.58 | |
| Other non-current assets | ||
| 1 | Other non-current assets | 4,995.47 |
| 2 | 0 | 0.00 |
| 3 | 0 | 0.00 |
| 4 | 0 | 0.00 |
| 5 | 0 | 0.00 |
| Total of other non-current assets | 4,995.47 | |
| Total non-current assets | 67,811.98 | |
| 2 | Current assets | |
| Inventories | 2,696.04 | |
| Current financial asset | ||
| Current investments | 0.00 | |
| Trade receivables, current | 4,728.68 | |
| Cash and cash equivalents | 5,663.23 | |
| Bank balance other than cash and cash equivalents | 359.39 | |
| Loans, current | 0.00 | |
| Other current financial assets | ||
| Total of other current financial assets | 77,688.02 | |
| Total current financial assets | 88,439.32 | |
| Current tax assets (net) | 0.00 | |
| Other current assets | ||
| 1 | Other current assets | 334.01 |
| 2 | 0 | 0.00 |
| 3 | 0 | 0.00 |
| 4 | 0 | 0.00 |
| 5 | 0 | 0.00 |
| Total of other current assets | 334.01 | |
| Total current assets | 91,469.37 | |
| 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 | 1,59,281.35 | |
| Equity and liabilities | ||
| 1 | Equity | |
| Equity attributable to owners of parent | ||
| Equity share capital | 3,270.62 | |
| Other equity | 20,232.17 | |
| Total equity attributable to owners of parent | 23,502.79 | |
| Non controlling interest | 0.00 | |
| Total equity | 23,502.79 | |
| 2 | Liabilities | |
| Non-current liabilities | ||
| Non-current financial liabilities | ||
| Borrowings, non-current | 27,195.74 | |
| 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 | 5,652.60 |
| 2 | 0 | 0.00 |
| 3 | 0 | 0.00 |
| 4 | 0 | 0.00 |
| 5 | 0 | 0.00 |
| Total of other non-current financial liabilities | 5,652.60 | |
| Total non-current financial liabilities | 32,848.34 | |
| Provisions, non-current | 487.45 | |
| Deferred tax liabilities (net) | 0.00 | |
| Deferred government grants, Non-current | 0.00 | |
| Other non-current liabilities | ||
| 1 | Other non-current liabilities | 11,681.65 |
| 2 | 0 | 0.00 |
| 3 | 0 | 0.00 |
| 4 | 0 | 0.00 |
| 5 | 0 | 0.00 |
| Total of other non-current liabilities | 11,681.65 | |
| Total non-current liabilities | 45,017.44 | |
| Current liabilities | ||
| Current financial liabilities | ||
| Borrowings, current | 6,644.37 | |
| Trade payables, current | ||
| (A) Total outstanding dues of micro enterprises and small enterprises | 711.64 | |
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 1,488.79 | |
| Total Trade payable | 2,200.43 | |
| Other current financial liabilities | ||
| 1 | Other current financial liabilities | 71,778.52 |
| 2 | 0 | 0.00 |
| 3 | 0 | 0.00 |
| 4 | 0 | 0.00 |
| 5 | 0 | 0.00 |
| Total of other current financial liabilities | 71,778.52 | |
| Total current financial liabilities | 80,623.32 | |
| Other current liabilities | 9,832.80 | |
| 1 | Other current liabilities | 9,832.80 |
| 2 | 0 | 0.00 |
| 3 | 0 | 0.00 |
| 4 | 0 | 0.00 |
| 5 | 0 | 0.00 |
| Total of other current liabilities | 9,832.80 | |
| Provisions, current | 106.72 | |
| Current tax liabilities (Net) | 198.28 | |
| Deferred government grants, Current | 0.00 | |
| Total current liabilities | 90,761.12 | |
| 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 | 1,35,778.56 | |
| Total equity and liabilites | 1,59,281.35 | |
| 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 | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Educational services and related activities | 15,390.86 | 31,256.58 | ||||
| 2 | Construction and leasing (for education) | 0.0052852 | 2,159.35 | ||||
| 3 | Training, manpower and related activities | 1,758.04 | 10,490.38 | ||||
| 4 | 0 | 0.00 | 0.00 | ||||
| 5 | 0 | 0.00 | 0.00 | ||||
| 6 | 0 | 0.00 | 0.00 | ||||
| 7 | 0 | 0.00 | 0.00 | ||||
| 8 | 0 | 0.00 | 0.00 | ||||
| 9 | 0 | 0.00 | 0.00 | ||||
| 10 | 0 | 0.00 | 0.00 | ||||
| 11 | 0 | 0.00 | 0.00 | ||||
| 12 | 0 | 0.00 | 0.00 | ||||
| 13 | 0 | 0.00 | 0.00 | ||||
| 14 | 0 | 0.00 | 0.00 | ||||
| 15 | 0 | 0.00 | 0.00 | ||||
| Total Segment Revenue | 17,677.42 | 43,906.31 | |||||
| Less: Inter segment revenue | 0.00 | 0.00 | |||||
| Revenue from operations | 17,677.42 | 43,906.31 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Educational services and related activities | 5,098.16 | 7,861.25 | ||||
| 2 | Construction and leasing (for education) | (997.84) | (1,855.10) | ||||
| 3 | Training, manpower and related activities | 37.09 | (8.63) | ||||
| 4 | 0 | 0.00 | 0.00 | ||||
| 5 | 0 | 0.00 | 0.00 | ||||
| 6 | 0 | 0.00 | 0.00 | ||||
| 7 | 0 | 0.00 | 0.00 | ||||
| 8 | 0 | 0.00 | 0.00 | ||||
| 9 | 0 | 0.00 | 0.00 | ||||
| 10 | 0 | 0.00 | 0.00 | ||||
| 11 | 0 | 0.00 | 0.00 | ||||
| 12 | 0 | 0.00 | 0.00 | ||||
| 13 | 0 | 0.00 | 0.00 | ||||
| 14 | 0 | 0.00 | 0.00 | ||||
| 15 | 0 | 0.00 | 0.00 | ||||
| Total Profit before tax | 4,137.41 | 5,997.52 | |||||
| i. Finance cost | 1,145.63 | 3,809.94 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | (3,605.62) | (4,590.65) | |||||
| Profit before tax | 6,597.40 | 6,778.23 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Educational services and related activities | 93,701.39 | 93,701.39 | ||||
| 2 | Construction and leasing (for education) | 61,451.19 | 61,451.19 | ||||
| 3 | Training, manpower and related activities | 1,364.88 | 1,364.88 | ||||
| 4 | 0 | 0.00 | 0.00 | ||||
| 5 | 0 | 0.00 | 0.00 | ||||
| 6 | 0 | 0.00 | 0.00 | ||||
| 7 | 0 | 0.00 | 0.00 | ||||
| 8 | 0 | 0.00 | 0.00 | ||||
| 9 | 0 | 0.00 | 0.00 | ||||
| 10 | 0 | 0.00 | 0.00 | ||||
| 11 | 0 | 0.00 | 0.00 | ||||
| 12 | 0 | 0.00 | 0.00 | ||||
| 13 | 0 | 0.00 | 0.00 | ||||
| 14 | 0 | 0.00 | 0.00 | ||||
| 15 | 0 | 0.00 | 0.00 | ||||
| Total Segment Asset | 1,56,517.46 | 1,56,517.46 | |||||
| Un-allocable Assets | 2,763.89 | 2,763.89 | |||||
| Net Segment Asset | 1,59,281.35 | 1,59,281.35 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Educational services and related activities | 87,124.87 | 87,124.87 | ||||
| 2 | Construction and leasing (for education) | 12,770.38 | 12,770.38 | ||||
| 3 | Training, manpower and related activities | 1,137.11 | 1,137.11 | ||||
| 4 | 0 | 0.00 | 0.00 | ||||
| 5 | 0 | 0.00 | 0.00 | ||||
| 6 | 0 | 0.00 | 0.00 | ||||
| 7 | 0 | 0.00 | 0.00 | ||||
| 8 | 0 | 0.00 | 0.00 | ||||
| 9 | 0 | 0.00 | 0.00 | ||||
| 10 | 0 | 0.00 | 0.00 | ||||
| 11 | 0 | 0.00 | 0.00 | ||||
| 12 | 0 | 0.00 | 0.00 | ||||
| 13 | 0 | 0.00 | 0.00 | ||||
| 14 | 0 | 0.00 | 0.00 | ||||
| 15 | 0 | 0.00 | 0.00 | ||||
| Total Segment Liabilities | 1,01,032.36 | 1,01,032.36 | |||||
| Un-allocable Liabilities | 34,746.20 | 34,746.20 | |||||
| Net Segment Liabilities | 1,35,778.56 | 1,35,778.56 | |||||
| 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 | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Items that will not be reclassified to statement of profit & loss | 5.27 | 16.05 |
| Total Amount of items that will not be reclassified to profit and loss | 5.27 | 16.05 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 0.00 | 0.00 |
| 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 | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | 5.27 | 16.05 |
| 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 | 6,778.23 | |||||
| Adjustments for reconcile profit (loss) | ||||||
| Adjustments for finance costs | 3,809.94 | |||||
| Adjustments for decrease (increase) in inventories | (91.36) | |||||
| Adjustments for decrease (increase) in trade receivables, current | (250.86) | |||||
| 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 | 3,052.63 | |||||
| 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 | 4,390.78 | |||||
| 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 | 0.00 | |||||
| Adjustments for dividend income | 0.00 | |||||
| Adjustments for interest income | 1,364.07 | |||||
| Adjustments for share-based payments | 29.06 | |||||
| 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) | (2,902.37) | |||||
| Other adjustments for non-cash items | 0.00 | |||||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Total adjustments for reconcile profit (loss) | 6,673.75 | |||||
| Net cash flows from (used in) operations | 13,451.98 | |||||
| Dividends received | 0.00 | |||||
| Interest paid | 0.00 | |||||
| Interest received | 0.00 | |||||
| Income taxes paid (refund) | 2,670.95 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) operating activities | 10,781.03 | |||||
| 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 | 6.86 | |||||
| Purchase of property, plant and equipment | 1,286.00 | |||||
| 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 | 442.00 | |||||
| Cash receipts from repayment of advances and loans made to other parties | 1,096.70 | |||||
| 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 | 41.07 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) investing activities | (583.37) | |||||
| 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 | 790.73 | |||||
| Payments of lease liabilities | 965.90 | |||||
| Dividends paid | 0.00 | |||||
| Interest paid | 81.66 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | (5,300.00) | |||||
| Net cash flows from (used in) financing activities | (7,138.29) | |||||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | 3,059.37 | |||||
| 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 | 3,059.37 | |||||
| Cash and cash equivalents cash flow statement at beginning of period | 2,603.86 | |||||
| Cash and cash equivalents cash flow statement at end of period | 5,663.23 | |||||
| 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 | Ford Rhodes Parks & Co. LLP | Yes | 30-09-2027 | ||
|---|---|---|---|---|---|
| Sr. | Particulars | Audited Figures (as reported before adjusting for qualifications) | Adjusted Figures (audited figures after adjusting for qualifications) |
|---|---|---|---|
| 1 | Turnover / Total income | 45,749.08 | 45,749.08 |
| 2 | Total Expenditure | 41,718.73 | 41,718.73 |
| 3 | Net Profit/(Loss) | 3,852.55 | 3,852.55 |
| 4 | Earnings Per Share | 1.18 | 1.18 |
| 5 | Total Assets | 1,59,281.35 | 1,59,281.35 |
| 6 | Total Liabilities | 1,35,778.56 | 1,35,778.56 |
| 7 | Net Worth | 23,502.79 | 23,502.79 |
| 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 | ||
|---|---|---|---|---|---|---|---|
| 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) |
| 2 | Textual Information(6) | Qualified opinion | Whether appeared first time | Textual Information(7) | Textual Information(8) | Textual Information(9) | Textual Information(10) |
| Textual Information(1) | a) As stated in Note 6 to the Statement, Yes Bank Limited (YBL) had invoked the Corporate Guarantees issued by the Holding Company and its subsidiary i.e. Digital Ventures Private Limited (DVPL) upon non-repayment of credit facilities (during COVID-19 pandemic) availed by Four Trusts/entity, and called upon the Holding Company and DVPL to make payment of an amount of Rs. 44,962.56 lakhs (including interest and other charges upto 31 July 2021). As further stated in the said note, the Holding Company and DVPL had received notices from YBL regarding filing of petitions under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) to initiate Corporate Insolvency Resolution Process (CIRP) of the Holding Company and DVPL (as corporate guarantors) before the Honble National Company Law Tribunal (NCLT), Mumbai. Also as stated in the said note, YBL vide its letters dated 30 December 2022 had informed the Holding Company and DVPL that it had assigned and transferred the above credit facilities to J.C. Flowers Asset Reconstructions Private Limited (J.C.Flowers) and the amount outstanding therein as at 30 November 2022 was Rs. 52,254.63 lakhs (including interest and penal charges). As further explained in the said note, on 10 February 2023 the Honble NCLT, Mumbai, admitted the application filed by YBL against the Holding Company and ordered the commencement of the CIRP under the IBC. However, an appeal was filed before the Honble National Company Law Appellate Tribunal (NCLAT) by the Holding Company and the Honble NCLAT vide its order dated 16 February 2023 set aside the impugned order dated 10 February 2023 passed by the Honble NCLT and disposed off the appeal in accordance with law. As further explained in the said note, J.C. Flowers filed Special Leave Petition (SLP) in the Honble Supreme Court for setting aside of the final order dated 16 February 2023 passed by the Honble NCLAT which was subsequently filed for withdrawal by J.C. Flowers and the Honble Supreme Court of India vide its Order dated 05 August 2025 dismissed the said SLP as withdrawn. Further, the petition filed by J.C. Flowers under Section 7 of the IBC to initiate CIRP proceedings against DVPL was also dismissed as withdrawn by the Honble NCLT. As further stated in the said note, on 7 August 2023, the Holding Company, DVPL along with four trusts/entity entered into settlement agreement with J.C. Flowers to settle the above corporate guarantee obligation with respect to loans borrowed by the said four trusts/entity. As per the terms of the settlement agreement, Holding Company, DVPL along with four trusts/entity had agreed to settle the above Corporate Guarantee obligation for Rs. 28,500 lakhs (to be paid jointly and severally by Holding Company, DVPL along with four trusts/entity) pursuant to which the Corporate Guarantee obligation and other securities created by Holding Company and DVPL will be released by J.C. Flowers on receipt of the said settlement amount. However, due to delays in payments as per the said settlement agreement, the Holding Company received letter dated 11 October 2024 from J.C. Flowers intimating termination of the said settlement agreement and further informing that all terms set out in the Financing document shall continue in full force and effect and all amounts paid under settlement agreement shall be adjusted towards repayment of the outstanding credit facilities of four trusts/entity as if the settlement agreement had never been executed. Further as stated in the said note, J.C. Flowers and Assets Care & Reconstruction Enterprise Limited (ACRE) vide their respective communications dated 31 October 2024 informed the Holding Company that such outstanding credit facilities of four trusts/entity of Rs. 62,481.28 lakhs (as on 11 October 2024) have been assigned and transferred by J.C. Flowers to ACRE. Further, vide Supplemental Facilities Agreement dated 15 November 2024, the Holding Company, DVPL along with four trusts/entity and other entities forming part of the promoter and promoter group have agreed upon certain additional conditions with ACRE in respect of the outstanding credit facilities availed by four trusts/entity. In furtherance to the said Supplemental Facilities Agreement, a few entities forming part of the promoter and promoter group also created and extended security on their assets (in addition to their security arrangement for their existing indebtedness with ACRE and existing security provided by the Holding Company, DVPL along with four trusts/entity) to the satisfaction of ACRE for abovementioned outstanding credit facilities. As per the said Supplemental Facilities Agreement, the outstanding amount payable to ACRE including interest is Rs. 66,284.63 lakhs (net of amounts paid by the Holding Company and four trusts/entity to ACRE till 31 March 2026) as at 31 March 2026 and the total amount recoverable (including interest) from four trusts/entity is Rs. 77,607.18 lakhs (including amounts paid by the Holding Company to ACRE and J.C. Flowers till 31 March 2026) as at 31 March 2026 and the amount recoverable is disclosed under "other current financial assets". Pursuant to the execution of the above Supplemental Facilities Agreement, the management of the Holding Company strongly believes that the above outstanding credit facilities of four trusts/entity will be paid to ACRE through various steps including monetization of assets of DVPL along with four trusts/entity and other security providers. In view of above, the management of the Holding Company is of the opinion that the amount of Rs. 77,607.18 lakhs receivable from four trusts/entity as at 31 March 2026 is good and recoverable. However, in terms of Ind AS 109 Financial Instruments the Holding Company has not carried out assessment of impairment of the recoverable amount of Rs. 77,607.18 lakhs from four trusts/entity as at 31 March 2026. In the absence of assessment of impairment of the recoverable amount of Rs. 77,607.18 lakhs, we are unable to comment upon adjustments, if any, required on the Statement. |
|---|---|
| Textual Information(2) | During the year, the Supplemental Facilities Agreement dated 15 November 2024, the Holding Company, DVPL along with four trusts/entity and other entities forming part of the promoter and promoter group have agreed upon certain additional conditions with ACRE in respect of the outstanding credit facilities availed by four trusts/entity, the outstanding amount payable to ACRE including interest is Rs. 66,284.63 lakhs (net of amounts paid by the Holding Company and four trusts/entity to ACRE till 31 March 2026) as at 31 March 2026 and the total amount recoverable (including interest) from four trusts/entity is Rs. 77,607.18 lakhs (including amounts paid by the Holding Company till 31 March 2025) as at 31 March 2025 and the same is disclosed under "other current financial assets". In furtherance to the said Supplemental Facilities Agreement, a few entities forming part of the promoter and promoter group have also created and extended security on their assets (in addition to their security arrangement for their existing indebtedness with ACRE and existing security provided by the Holding Company, DVPL along with four trusts/entity) to the satisfaction of ACRE for abovementioned outstanding credit facilities. Pursuant to the execution of the said Supplemental Facilities Agreement, the management strongly believes that the above outstanding credit facilities of four trusts/entity will be paid to ACRE through various steps including monetization of assets of DVPL along with four trusts/entity and other security providers. In view of above, management is of the opinion that amount of Rs. 77,607.18 lakhs receivable from four trusts/entity as at 31 March 2026 is good and recoverable |
| Textual Information(3) | NA |
| Textual Information(4) | NA |
| Textual Information(5) | Auditors comments are self-explanatory in auditors report. |
| Textual Information(6) | The Statement includes buildings classified under investment property and development rights classified under intangible assets having carrying values of Rs. 45,936.20 lakhs and Rs. 7,801.18 lakhs respectively as at 31 March 2026. The Group has not carried out a detailed and comprehensive assessment of impairment of such buildings and development rights (Non-financial assets) in accordance with the principles of Ind AS 36 Impairment of Assets and hence no adjustments have been considered by the Group to the carrying values of the said non-financial assets. In the absence of sufficient and appropriate audit evidence in respect of the detailed impairment assessment of the aforesaid non-financial assets, we are unable to comment upon adjustments, if any, that may be required to the carrying values of the said non-financial assets and its resultant impact on the Statement. |
| Textual Information(7) | During the quarter ended 31 March 2025, Axis Bank Limited entered into an assignment agreement dated 28 March 2025 with Assets Care & Reconstruction Enterprise Limited (ACRE) assigning the total credit facility of Rs. 13,008 Lakhs (including interest) outstanding as at 20 March 2025 (Rs. 14,409.33 lakhs as on 31 March 2026) in respect of financial facility granted by Axis Bank Limited to the Corporate Debtor from time to time along with all rights, benefit and obligations thereunder to ACRE. Pursuant to the Supplemental Facilities Agreement entered by the Company, DVPL along with four trusts/entity with ACRE, the management of the Holding Company strongly believes that the above outstanding credit facility of DVPL will be paid to ACRE through various steps including monetization of assets of DVPL. Further, during the year DVPL has received Order from Hon'ble NCLT vide its Order dated 19 December 2025 approved the said application for withdrawal of CIRP of DVPL and accordingly, the suspended Board of Directors of DVPL stands restated. In view of above, the management is of the opinion that no liability is required to be provided by the Company as at 31 March 2026. |
| Textual Information(8) | NA |
| Textual Information(9) | NA |
| Textual Information(10) | Auditors comments are self-explanatory in auditors report. |
| Name of CEO / Managing director | Manish Rastogi |
|---|---|
| Name of CFO | Rakesh Chaturvedi |
| Name of audit committee chairman | Shiv Kumar Gupta |
| Name of statutory auditor | Ford Rhodes Parks & Co. LLP |
| Name of other signatory, if any, with designation | |
| Place | Mumbai |
| Date | 22-05-2026 |