Integrated Filing — IndAS

General information about company
Scrip Code	532716
NSE Symbol	GILLANDERS
MSEI Symbol	NOTLISTED
ISIN	INE047B01011
Name of company	GILLANDERS ARBUTHNOT & COMPANY 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	09-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	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	09-May-2025   11:30:00
End date and time of board meeting	09-May-2025   13:47:00
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	2025-05-09
Indicate Company website link for updated RPT policy of the Company	www.gillandersarbuthnot.com
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
There has been no default on loans during the reporting quarter.

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	868922000	4127546000
	Other income	2545000	26385000
	Total income	871467000	4153931000
2	Expenses
(a)	Cost of materials consumed	107485000	509928000
(b)	Purchases of stock-in-trade	318245000	934212000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	48875000	90981000
(d)	Employee benefit expense	241138000	1167992000
(e)	Finance costs	20718000	83017000
(f)	Depreciation, depletion and amortisation expense	22515000	92164000
(f)	Other Expenses
1	Power and fuel	59143000	315378000
2	Jobs on contract	47605000	181669000
3	Other Expenses	180189000	726980000
	Total other expenses	286937000	1224027000
	Total expenses	1045913000	4102321000
3	Total profit before exceptional items and tax	-174446000	51610000
4	Exceptional items	-872000	119531000
5	Total profit before tax	-175318000	171141000
6	Tax expense
7	Current tax	-18882000	23660000
8	Deferred tax	-1360000	-2906000
9	Total tax expenses	-20242000	20754000
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	-155076000	150387000
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	-155076000	150387000
17	Other comprehensive income net of taxes	2531000	5410000
18	Total Comprehensive Income for the period	-152545000	155797000
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	213423000	213423000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		2465814000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	-7.27	7.05
	Diluted earnings (loss) per share from continuing operations	-7.27	7.05
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	-7.27	7.05
	Diluted earnings (loss) per share from continuing and discontinued operations	-7.27	7.05
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		1. The above audited Standalone Financial Results were reviewed by the Audit Committee, and subsequently approved by the Board of Directors at their respective meetings held on 9th May, 2025.tttttttt n2. The Board of Directors of the Company has recommended payment of dividend on the 7.75% Cumulative Redeemable Preference Shares of the company for financial years 2016-17 and 2017-18, subject to approval by the members of the company. ttttt ntttttt n3. The figures for the last quarter of the current year and of the previous year are the balancing figures in respect of the full financial year ended 31st March and the unaudited published year to date figure up to third quarter ended 31st December, which were subjected to Limited review. tttttttttt n4. Pursuant to the approval from the Board of Directors of the Company, during the quarter ended 30th September 2024, the company has invested USD 8,00,000 by subscribing to 8,88,889 fully paid Ordinary Shares of USD 0.90 per share of Gillanders Holdings,Mauritius Limited, Mauritius a wholly owned foreign subsidiary of the company.ttttt ntttttt n5. The Company used to account for gratuity liability for its employees employed at Tea estates in Assam in the books of accounts based on actuarial valuation. From the current year, the Company has opted for Assam Gratuity Fund Scheme notified under The Assam Gratuity Act, 1992 for the said employees and contribution is now payable towards past liabilities or monthly contribution at the rates specified in the above mentioned scheme. The Company has received orders from Assam Tea Employees Provident Fund Organisation for the assessment of gratuity liability in respect of all gardens during the year ended March 2025. The excess provision of Rs 1195.31 Lakhs being the difference between the contribution ascertained under the Act and liabilities earlier provided based on the actuarial valuation till 31st March 2024 has been written back in the books of accounts during the year ended March 25 which is disclosed as Exceptional Item.tttttttttt n6. The 91st Annual General Meeting of the company will be held on Friday, 27th June, 2025 through Video Conferencing / Other Audio Visual Means VC OAVM Facility. ttttt ntttttt n7. The register of Members and Share Transfer Books of the Company shall remain closed from Saturday, 21st June, 2025 to Friday, 27th June 2025, both days inclusive, for the purpose of 91st Annual General Meeting.ttttt 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	2175065000
	Capital work-in-progress	69814000
	Investment property	535981000
	Goodwill	0
	Other intangible assets	1869000
	Intangible assets under development	0
	Biological assets other than bearer plants	2413000
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	163000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	283127000
	Total non-current financial assets	283290000
	Deferred tax assets (net)	4431000
	Other non-current assets	9664000
	Total non-current assets	3082527000
2	Current assets
	Inventories	811984000
	Current financial asset
	Current investments	0
	Trade receivables, current	506809000
	Cash and cash equivalents	5178000
	Bank balance other than cash and cash equivalents	2285000
	Loans, current	804000
	Other current financial assets	166369000
	Total current financial assets	681445000
	Current tax assets (net)	0
	Other current assets	193309000
	Total current assets	1686738000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	4769265000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	213423000
	Other equity	2465814000
	Total equity attributable to owners of parent	2679237000
	Non controlling interest
	Total equity	2679237000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	121390000
	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	118683000
	Total non-current financial liabilities	240073000
	Provisions, non-current	118093000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	358166000
	Current liabilities
	Current financial liabilities
	Borrowings, current	747251000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	82537000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	408196000
	Total Trade payable	490733000
	Other current financial liabilities	326680000
	Total current financial liabilities	1564664000
	Other current liabilities	129369000
	Provisions, current	37829000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	1731862000
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	2090028000
	Total equity and liabilites	4769265000
	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	TEA	241259000	1772393000
2	ENGINEERING (MICCO)	466056000	1294710000
3	TEXTILES	139890000	962778000
4	PROPERTY	23015000	102857000
5	UNALLOCATED	0	0
	Total Segment Revenue	870220000	4132738000
	Less: Inter segment revenue	1298000	1298000
	Revenue from operations	868922000	4127546000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	TEA	-210881000	1647000
2	ENGINEERING (MICCO)	48570000	101583000
3	TEXTILES	-6260000	-34595000
4	PROPERTY	13275000	55422000
5	UNALLOCATED	0	0
	Total Profit before tax	-155296000	124057000
	i. Finance cost	20718000	20718000
	ii. Other Unallocable Expenditure net off Unallocable income	-695000	-695000
	Profit before tax	-175319000	171140000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	TEA	1063624000	1063624000
2	ENGINEERING (MICCO)	1279127000	1279127000
3	TEXTILES	1063570000	1063570000
4	PROPERTY	797657000	797657000
5	UNALLOCATED	565287000	565287000
	Total Segment Asset	4769265000	4769265000
	Un-allocable Assets	0	0
	Net Segment Asset	4769265000	4769265000
4	Segment Liabilities
	Segment Liabilities
1	TEA	316492000	316492000
2	ENGINEERING (MICCO)	484148000	484148000
3	TEXTILES	277566000	277566000
4	PROPERTY	41415000	41415000
5	UNALLOCATED	970407000	970407000
	Total Segment Liabilities	2090028000	2090028000
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	2090028000	2090028000
	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	Remeasurement of the defined benefit plans	3891000	8316000
	Total Amount of items that will not be reclassified to profit and loss	3891000	8316000
2	Income tax relating to items that will not be reclassified to profit or loss	1360000	2906000
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	2531000	5410000

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			171141000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			83017000
	Adjustments for decrease (increase) in inventories			49012000
	Adjustments for decrease (increase) in trade receivables, current			-398465000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	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			130515000
	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			92164000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			29607000
	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			9749000
	Adjustments for dividend income			0
	Adjustments for interest income			5420000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			-388000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-5169000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			-125537000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-140915000
	Net cash flows from (used in) operations			30226000
	Dividends received			0
	Interest paid			0
	Interest received			3962000
	Income taxes paid (refund)			-40703000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			74891000
	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			67022000
	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			-1106000
	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			12225000
	Purchase of property, plant and equipment			73244000
	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			1954000
	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			2127000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) investing activities	-122854000
	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			0
	Repayments of borrowings			-115482000
	Payments of lease liabilities			0
	Dividends paid			0
	Interest paid			83841000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			31641000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-16322000
	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			-16322000
	Cash and cash equivalents cash flow statement at beginning of period			21500000
	Cash and cash equivalents cash flow statement at end of period			5178000