Integrated Filing — IndAS

General information about company
Scrip Code	532853
NSE Symbol	ASAHISONG
MSEI Symbol	NOTLISTED
ISIN	INE228I01012
Name of company	ASAHI SONGWON COLORS 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	30-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	08-May-2025   11:30:00
End date and time of board meeting	08-May-2025   13:25:00
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	1527522000	5623584000
	Other income	6147000	40434000
	Total income	1533669000	5664018000
2	Expenses
(a)	Cost of materials consumed	912604000	3720251000
(b)	Purchases of stock-in-trade	488000	55949000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	84677000	-62808000
(d)	Employee benefit expense	60874000	251852000
(e)	Finance costs	38415000	164651000
(f)	Depreciation, depletion and amortisation expense	46594000	187738000
(f)	Other Expenses
1	Power and Fuel	104751000	445891000
2	Other Expenses	193485000	650739000
	Total other expenses	298236000	1096630000
	Total expenses	1441888000	5414263000
3	Total profit before exceptional items and tax	91781000	249755000
4	Exceptional items	0	0
5	Total profit before tax	91781000	249755000
6	Tax expense
7	Current tax	25601000	97155000
8	Deferred tax	-2556000	-15954000
9	Total tax expenses	23045000	81201000
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	68736000	168554000
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	68736000	168554000
17	Other comprehensive income net of taxes	2880000	2880000
18	Total Comprehensive Income for the period	71616000	171434000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	76432000	197546000
	Total profit or loss, attributable to non-controlling interests	-7696000	-7696000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	2919000	2919000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	-39000	-39000
21	Details of equity share capital
	Paid-up equity share capital	117873000	117873000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		2438458000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	6.48	16.76
	Diluted earnings (loss) per share from continuing operations	6.48	16.76
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	6.48	16.76
	Diluted earnings (loss) per share from continuing and discontinued operations	6.48	16.76
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		1.The above Audited financial results have been reviewed by the Audit Committee and thereafter approved by the Board of Directors of the Company in their respective meetings held on May 8, 2025. The Statutory auditors have expressed an unqualified audit opinion.ttttt n2. The Statutory Auditors of the Company have Audited the financial results for the quarter and year ended March 31, 2025 as per regulation 33 of the SEBI Listing obligation and disclosure requirements Regulation 2015.ttttt n3.The Audited financial results for the quarter and year ended March 31, 2025 have been prepared in accordance with the Companies Indian Accounting Standards Rules, 2015 Ind AS prescribed under section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable.ttttt n4.The figures in respect of results for the quarter ended March 31, 2025 and March 31, 2024 are the balancing figures between the Audited figures in respect of the full financial year and published year to date figures up to the third quarter of the respective financial year. ttttt n5 The Company publishes the standalone financial results along with the consolidated financial results in accordance with the Ind AS 108 Operating Segments, the Company has disclosed the segment information in the consolidated financial results and therefore no separated disclosure on segment information is given in the standalone audited financial results for the quarter and year ended March 31, 2025.ttttt n6The Board of Directors has recommended a final dividend of Rs.1.50 i.e. 15 per cent per Equity Share face value of Rs. 10 each fully paid up for the financial year 2024-25, subject to approval of the shareholders in the ensuing Annual General Meeting AGM.ttttt n7.The figures for the previous period has been regrouped re-arranged to make them comparable with the current period figures.ttttt nttttt 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	2766158000
	Capital work-in-progress	3346000
	Investment property	0
	Goodwill	261327000
	Other intangible assets	25219000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	3030000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	14662000
	Total non-current financial assets	17692000
	Deferred tax assets (net)	59853000
	Other non-current assets	17074000
	Total non-current assets	3150669000
2	Current assets
	Inventories	867770000
	Current financial asset
	Current investments	682000
	Trade receivables, current	1476639000
	Cash and cash equivalents	37165000
	Bank balance other than cash and cash equivalents	23739000
	Loans, current	1046000
	Other current financial assets	966000
	Total current financial assets	1540237000
	Current tax assets (net)	7880000
	Other current assets	333053000
	Total current assets	2748940000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	5899609000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	117873000
	Other equity	2432564000
	Total equity attributable to owners of parent	2550437000
	Non controlling interest	274604000
	Total equity	2825041000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	569700000
	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	0
	Total non-current financial liabilities	569700000
	Provisions, non-current	25266000
	Deferred tax liabilities (net)	172695000
	Deferred government grants, Non-current	0
	Other non-current liabilities	41212000
	Total non-current liabilities	808873000
	Current liabilities
	Current financial liabilities
	Borrowings, current	1077955000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	87543000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	1016550000
	Total Trade payable	1104093000
	Other current financial liabilities	31506000
	Total current financial liabilities	2213554000
	Other current liabilities	43421000
	Provisions, current	8720000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	2265695000
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	3074568000
	Total equity and liabilites	5899609000
	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	PIGMENTS	1274858000	4645245000
2	API	258810000	1018773000
	Total Segment Revenue	1533668000	5664018000
	Less: Inter segment revenue	0	0
	Revenue from operations	1533668000	5664018000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	PIGMENTS	119559000	360651000
2	API	10636000	53855000
	Total Profit before tax	130195000	414506000
	i. Finance cost	38451000	38451000
	ii. Other Unallocable Expenditure net off Unallocable income	0	0
	Profit before tax	91744000	249855000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	PIGMENTS	6003399000	6003399000
2	API	1559402000	1559402000
	Total Segment Asset	7562801000	7562801000
	Un-allocable Assets	-1663192000	-1663192000
	Net Segment Asset	5899609000	5899609000
4	Segment Liabilities
	Segment Liabilities
1	PIGMENTS	2312066000	2312066000
2	API	1302680000	1302680000
	Total Segment Liabilities	3614746000	3614746000
	Un-allocable Liabilities	-540179000	-540179000
	Net Segment Liabilities	3074567000	3074567000
	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
1	Amount of items that will not be reclassified to profit and loss	-1159000	-1159000
	Total Amount of items that will not be reclassified to profit and loss	-1159000	-1159000
2	Income tax relating to items that will not be reclassified to profit or loss	-296000	-296000
3	Amount of items that will be reclassified to profit and loss
1	Amount of items that will be reclassified to profit and loss	4238000	4238000
	Total Amount of items that will be reclassified to profit and loss	4238000	4238000
4	Income tax relating to items that will be reclassified to profit or loss	495000	495000
5	Total Other comprehensive income	2880000	2880000

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			249755000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			164651000
	Adjustments for decrease (increase) in inventories			-18746000
	Adjustments for decrease (increase) in trade receivables, current			-192002000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			50349000
	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			222529000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			187738000
	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			2366000
	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			0
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			3757000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			415910000
	Net cash flows from (used in) operations			665665000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			86493000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			579172000
	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			2000000
	Other cash payments to acquire equity or debt instruments of other entities			54000
	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			6203000
	Purchase of property, plant and equipment			59825000
	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			2366000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-4595000
	Net cash flows from (used in) investing activities	-53905000
	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			47352000
	Repayments of borrowings			371628000
	Payments of lease liabilities			0
	Dividends paid			5894000
	Interest paid			164651000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-51000
	Net cash flows from (used in) financing activities			-494872000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			30395000
	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			30395000
	Cash and cash equivalents cash flow statement at beginning of period			6770000
	Cash and cash equivalents cash flow statement at end of period			37165000