Integrated Filing — IndAS

General information about company
Scrip Code	532722
NSE Symbol	NITCO
MSEI Symbol	NOTLISTED
ISIN	INE858F01012
Name of company	NITCO LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	02-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	28-Apr-2025
Description of presentation currency	INR (in Actuals)
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	Multi segment
Description of single segment
Start date and time of board meeting	02-May-2025   16:15:00
End date and time of board meeting	02-May-2025   18:25:00
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	Not applicable

Financial Results Ind-AS
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	935350000	3143933000
	Other income	101782000	133508000
	Total income	1037132000	3277441000
2	Expenses
(a)	Cost of materials consumed	132672000	418386000
(b)	Purchases of stock-in-trade	598246000	1971918000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-47120000	4996000
(d)	Employee benefit expense	141754000	537969000
(e)	Finance costs	33831000	701863000
(f)	Depreciation, depletion and amortisation expense	35454000	1877853000
(f)	Other Expenses
1	Other Expenses	171279000	558006000
	Total other expenses	171279000	558006000
	Total expenses	1066116000	6070991000
3	Total profit before exceptional items and tax	-28984000	-2793550000
4	Exceptional items	0	-4618453000
5	Total profit before tax	-28984000	-7412003000
6	Tax expense
7	Current tax	63000	63000
8	Deferred tax	0	0
9	Total tax expenses	63000	63000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	-29047000	-7412066000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	-29047000	-7412066000
17	Other comprehensive income net of taxes	-1091000	-997000
18	Total Comprehensive Income for the period	-30138000	-7413063000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	-507000	-541000
	Total profit or loss, attributable to non-controlling interests	-28540000	-28540000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	-507000	-541000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	-29631000	-7412521000
21	Details of equity share capital
	Paid-up equity share capital	2287220000	2287220000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		179012000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	-0.16	-74.59
	Diluted earnings (loss) per share from continuing operations	-0.16	-74.59
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	-0.16	-74.59
	Diluted earnings (loss) per share from continuing and discontinued operations	-0.16	-74.59
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		n n n

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	848545000
	Capital work-in-progress	42695000
	Investment property	0
	Goodwill	346115000
	Other intangible assets	172049000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	7625000
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	383494000
	Total non-current financial assets	383494000
	Deferred tax assets (net)	0
	Other non-current assets	184425000
	Total non-current assets	1984948000
2	Current assets
	Inventories	3732180000
	Current financial asset
	Current investments	0
	Trade receivables, current	644748000
	Cash and cash equivalents	913636000
	Bank balance other than cash and cash equivalents	0
	Loans, current	468778000
	Other current financial assets	12802000
	Total current financial assets	2039964000
	Current tax assets (net)
	Other current assets	1454014000
	Total current assets	7226158000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	9211106000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	2287220000
	Other equity	179012000
	Total equity attributable to owners of parent	2466232000
	Non controlling interest	-548000
	Total equity	2465684000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	2734466000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	39001000
	Total non-current financial liabilities	2773467000
	Provisions, non-current	15493000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	2788960000
	Current liabilities
	Current financial liabilities
	Borrowings, current	124736000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	178142000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	749844000
	Total Trade payable	927986000
	Other current financial liabilities	1583327000
	Total current financial liabilities	2636049000
	Other current liabilities	1311605000
	Provisions, current	8808000
	Current tax liabilities (Net)
	Deferred government grants, Current
	Total current liabilities	3956462000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	6745422000
	Total equity and liabilites	9211106000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
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-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts 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	Tiles and other related products	928215000	3116569000
2	Real estate	7136000	27365000
	Total Segment Revenue	935351000	3143934000
	Less: Inter segment revenue	0	0
	Revenue from operations	935351000	3143934000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Tiles and other related products	-79520000	-2161889000
2	Real estate	-17415000	-63306000
	Total Profit before tax	-96935000	-2225195000
	i. Finance cost	33831000	33831000
	ii. Other Unallocable Expenditure net off Unallocable income	101782000	101782000
	Profit before tax	-232548000	-3060566000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Tiles and other related products	3512347000	3512347000
2	Real estate	4373357000	4373357000
	Total Segment Asset	7885704000	7885704000
	Un-allocable Assets	1325402000	1325402000
	Net Segment Asset	9211106000	9211106000
4	Segment Liabilities
	Segment Liabilities
1	Tiles and other related products	1609589000	1609589000
2	Real estate	2430752000	2430752000
	Total Segment Liabilities	4040341000	4040341000
	Un-allocable Liabilities	2705081000	2705081000
	Net Segment Liabilities	6745422000	6745422000
	Disclosure of notes on segments

Other Comprehensive Income
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
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
	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	1091000	997000
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	0
5	Total Other comprehensive income	-1091000	-997000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			-7412003000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			702960000
	Adjustments for decrease (increase) in inventories			-924041000
	Adjustments for decrease (increase) in trade receivables, current			-272254000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-979904000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-487572000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			1422264000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			1877852000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			0
	Adjustments for dividend income			0
	Adjustments for interest income			0
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-10736000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			4618453000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			5947022000
	Net cash flows from (used in) operations			-1464981000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			14736000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			-1479717000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			-15882000
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			6399000
	Purchase of property, plant and equipment			62349000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			0
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) investing activities	-40068000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			4082308000
	Proceeds from issuing other equity instruments			539893000
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			0
	Repayments of borrowings			1630863000
	Payments of lease liabilities			0
	Dividends paid			0
	Interest paid			711105000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			2280233000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			760448000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			760448000
	Cash and cash equivalents cash flow statement at beginning of period			0
	Cash and cash equivalents cash flow statement at end of period			760448000