Integrated Filing — IndAS

General information about company
Scrip Code	521018
NSE Symbol	MARALOVER
MSEI Symbol	NOTLISTED
ISIN	INE882A01013
Name of company	MARAL OVERSEAS 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	08-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	01-May-2025
Description of presentation currency	INR (in Actuals)
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	Multi segment
Description of single segment
Start date and time of board meeting	08-May-2025   13:30:00
End date and time of board meeting	08-May-2025   16:10:00
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	2025-02-04
Indicate Company website link for updated RPT policy of the Company	https:www.maraloverseas.com/policies.php
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
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	Standalone	Standalone
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	2747000000	10470300000
	Other income	67800000	225700000
	Total income	2814800000	10696000000
2	Expenses
(a)	Cost of materials consumed	1666000000	6510500000
(b)	Purchases of stock-in-trade	7500000	41000000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	38300000	-48800000
(d)	Employee benefit expense	470700000	1788500000
(e)	Finance costs	88500000	366800000
(f)	Depreciation, depletion and amortisation expense	87700000	341700000
(f)	Other Expenses
1	others expenses	460400000	1952600000
	Total other expenses	460400000	1952600000
	Total expenses	2819100000	10952300000
3	Total profit before exceptional items and tax	-4300000	-256300000
4	Exceptional items	0	0
5	Total profit before tax	-4300000	-256300000
6	Tax expense
7	Current tax	0	0
8	Deferred tax	-2000000	-14300000
9	Total tax expenses	-2000000	-14300000
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	-2300000	-242000000
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	-2300000	-242000000
17	Other comprehensive income net of taxes	9400000	15500000
18	Total Comprehensive Income for the period	7100000	-226500000
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	415080000	415080000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		673800000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	-0.06	-5.83
	Diluted earnings (loss) per share from continuing operations	-0.06	-5.83
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	-0.06	-5.83
	Diluted earnings (loss) per share from continuing and discontinued operations	-0.06	-5.83
24	Debt equity ratio	0.0382	0.0382
25	Debt service coverage ratio	0.0097	0.007
26	Interest service coverage ratio	0.031	0.0157
27	Disclosure of notes on financial results		1.The above results have been reviewed and recommended by Audit Committee and approved by Board of Directors of the Company in their respective meeting held on 8th May, 2025. The Statutory Auditor has audited the results for the quarter and year ended 31st March, 2025 and issued an unqualified audit report. n2.This statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS), prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereafter and other recognized accounting practices and policies to the extent applicable. n3.The figures of the last quarter ended 31st March, 2025 are the balancing figures between the audited figures in respect of the full financial year ending 31st March, 2025 and the unaudited published year to date figures ended 31st December 2024, being the date of the end of the third quarter of the financial year which were subject to limited review. n4.The Company has no Subsidiary, Associate or Joint Venture company(ies), as on 31st March, 2025. 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		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	3356400000
	Capital work-in-progress	12100000
	Investment property	0
	Goodwill	0
	Other intangible assets	8100000
	Intangible assets under development	0
	Biological assets other than bearer plants	700000
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current	0
	Loans, non-current	3500000
	Other non-current financial assets	240600000
	Total non-current financial assets	244100000
	Deferred tax assets (net)	0
	Other non-current assets	122700000
	Total non-current assets	3744100000
2	Current assets
	Inventories	1358800000
	Current financial asset
	Current investments	11700000
	Trade receivables, current	1388500000
	Cash and cash equivalents	2200000
	Bank balance other than cash and cash equivalents	45000000
	Loans, current	7200000
	Other current financial assets	234400000
	Total current financial assets	1689000000
	Current tax assets (net)	7400000
	Other current assets	522000000
	Total current assets	3577200000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	7321300000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	415100000
	Other equity	673800000
	Total equity attributable to owners of parent	1088900000
	Non controlling interest
	Total equity	1088900000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	1468900000
	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
	Total non-current financial liabilities	1468900000
	Provisions, non-current	46800000
	Deferred tax liabilities (net)	33500000
	Deferred government grants, Non-current	397700000
	Other non-current liabilities	299800000
	Total non-current liabilities	2246700000
	Current liabilities
	Current financial liabilities
	Borrowings, current	2686400000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	30800000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	609500000
	Total Trade payable	640300000
	Other current financial liabilities	464100000
	Total current financial liabilities	3790800000
	Other current liabilities	167700000
	Provisions, current	27200000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	3985700000
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	6232400000
	Total equity and liabilites	7321300000
	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		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	YARN	1742900000	6902100000
2	FABRIC	912600000	3321200000
3	GARMENTS	567300000	2344300000
	Total Segment Revenue	3222800000	12567600000
	Less: Inter segment revenue	475800000	475800000
	Revenue from operations	2747000000	10470300000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	YARN	75900000	197700000
2	FABRIC	47900000	136900000
3	GARMENTS	-30800000	-188700000
	Total Profit before tax	93000000	145900000
	i. Finance cost	88500000	88500000
	ii. Other Unallocable Expenditure net off Unallocable income	8800000	8800000
	Profit before tax	-4300000	-256300000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	YARN	4637100000	4637100000
2	FABRIC	1480000000	1480000000
3	GARMENTS	1169200000	1169200000
	Total Segment Asset	7286300000	7286300000
	Un-allocable Assets	1500000	1500000
	Net Segment Asset	7287800000	7287800000
4	Segment Liabilities
	Segment Liabilities
1	YARN	4058700000	4058700000
2	FABRIC	1361700000	1361700000
3	GARMENTS	778500000	778500000
	Total Segment Liabilities	6198900000	6198900000
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	6198900000	6198900000
	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	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	item that will not be reclassified to statement of profit or loss -Remeasurementof post-employment benefit plans	-900000	9100000
	Total Amount of items that will not be reclassified to profit and loss	-900000	9100000
2	Income tax relating to items that will not be reclassified to profit or loss	-200000	2300000
3	Amount of items that will be reclassified to profit and loss
1	item that will not be reclassified to statement of profit or loss --Fair Value Gain/(loss) on Cash flow hedge	13400000	11600000
	Total Amount of items that will be reclassified to profit and loss	13400000	11600000
4	Income tax relating to items that will be reclassified to profit or loss	3300000	2900000
5	Total Other comprehensive income	9400000	15500000

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			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			-256300000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			359000000
	Adjustments for decrease (increase) in inventories			281000000
	Adjustments for decrease (increase) in trade receivables, current			-123600000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-92500000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			59100000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			346200000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			2100000
	Adjustments for increase (decrease) in other non-current liabilities			-53800000
	Adjustments for depreciation and amortisation expense			341700000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			18700000
	Adjustments for other financial liabilities, current			45300000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-48000000
	Adjustments for dividend income			200000
	Adjustments for interest income			59000000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			-300000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-500000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			-75400000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			999800000
	Net cash flows from (used in) operations			743500000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			-15300000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			758800000
	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			0
	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			5500000
	Purchase of property, plant and equipment			322300000
	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			200000
	Interest received			34500000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-1000000
	Net cash flows from (used in) investing activities	-283100000
	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			0
	Proceeds from issuing other equity instruments			0
	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			275200000
	Repayments of borrowings			332100000
	Payments of lease liabilities			67800000
	Dividends paid			0
	Interest paid			324300000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-30300000
	Net cash flows from (used in) financing activities			-479300000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-3600000
	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			-3600000
	Cash and cash equivalents cash flow statement at beginning of period			5800000
	Cash and cash equivalents cash flow statement at end of period			2200000