Integrated Filing — IndAS



General information about company

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 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 14-08-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 10-08-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment Ice-cream
Start date and time of board meeting 14-08-2026   16:33:00
End date and time of board meeting 14-08-2026   18:34:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
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 Quarter



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 87,830.00 87,830.00
Other income 150.00 150.00
Total income 87,980.00 87,980.00
2 Expenses
(a) Cost of materials consumed 17,970.00 17,970.00
(b) Purchases of stock-in-trade 16,110.00 16,110.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 13,140.00 13,140.00
(d) Employee benefit expense 5,730.00 5,730.00
(e) Finance costs 1,040.00 1,040.00
(f) Depreciation, depletion and amortisation expense 4,030.00 4,030.00
(f) Other Expenses
1 Other Expenses 24,540.00 24,540.00
Total other expenses 24,540.00 24,540.00
Total expenses 82,560.00 82,560.00
3 Total profit before exceptional items and tax 5,420.00 5,420.00
4 Exceptional items 1,350.00 1,350.00
5 Total profit before tax 6,770.00 6,770.00
6 Tax expense
7 Current tax 0.00 0.00
8 Deferred tax 1,700.00 1,700.00
9 Total tax expenses 1,700.00 1,700.00
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 5,070.00 5,070.00
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 5,070.00 5,070.00
17 Other comprehensive income net of taxes 0.00 0.00
18 Total Comprehensive Income for the period 5,070.00 5,070.00
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
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.22 0.22
Diluted earnings (loss) per share from continuing operations 0.22 0.22
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 0.22 0.22
Diluted earnings (loss) per share from continuing and discontinued operations 0.22 0.22
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The unaudited financial results for the quarter ended 30th June 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 14th August 2026. These unaudited financial results have been subjected to limited review by statutory auditors, who have issued an unmodified conclusion on the same. 2. The figures for the quarter ended 31st March 2026 are the balancing figures between audited figures for the period from 10th January 2025 to 31st March 2026 and the unaudited published figures for the period from 10th January 2025 to 31st December 2025 which were subjected to limited review by the statutory auditors. 3. Financial results for the quarter ended 30th June 2025 have been certified by the management and not subjected to limited review or audit by statutory auditors of the Company. 4. The Company was incorporated on 10th January 2025 and, pursuant to Section 2(41) of the Companies Act, 2013, the first financial statements is for the period from 10th January 2025 to 31st March 2026. Accordingly, the audited financial results for the previous year are for the period from 10th January 2025 to 31st March 2026. Further, in accordance with the accounting treatment prescribed under the Scheme of Arrangement between Hindustan Unilever Limited (HUL) and the Company for the demerger of the Ice Cream Business Undertaking of HUL, the figures for the period from 10th January 2025 to 30th November 2025 have been restated from the date of incorporation of the Company. 5. Exceptional items for the quarter ended 30 June 2026 includes gain of Rs. 394 million resulting from the reversal of royalty and central service fees payable to Magnum IP Holding B.V. (Magnum) for the period from 1st October 2025 to 31st March 2026, in accordance with the intellectual property agreement executed between Magnum and the Company. These were partly offset by an impairment allowance of Rs. 166 million on property, plant and equipment and establishment costs of Rs. 93 million. 6. 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. 7. Earnings / (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.



Remarks

Debt equity ratio
Debt service coverage ratio The debt service coverage ratio is higher due to profit earned during the quarter
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
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 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
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
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss
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