Integrated Filing — IndAS

General information about company
Scrip Code	000000
NSE Symbol	PASHUPATI
MSEI Symbol	NOTLISTED
ISIN	INE124Y01010
Name of company	Pashupati Cotspin Limited
Type of company	SME
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	20-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	15-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Half Yearly
Reporting Quarter	Yearly
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	Single segment
Description of single segment	Cotton Ginning and Spinning
Start date and time of board meeting	20-May-2025   16:30:00
End date and time of board meeting	20-May-2025   17:55:00
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?	No
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	No
(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?	No
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
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?	Yes
No. of times funds raised during the quarter	1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
NA

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-Oct-2024	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	2920140000	6367028000
	Other income	106852000	139639000
	Total income	3026992000	6506667000
2	Expenses
(a)	Cost of materials consumed	1835012000	3250255000
(b)	Purchases of stock-in-trade	725088000	2424586000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-326000	-7404000
(d)	Employee benefit expense	94869000	171795000
(e)	Finance costs	65584000	131588000
(f)	Depreciation, depletion and amortisation expense	44069000	88295000
(f)	Other Expenses
1	Other Expenses	168305000	278130000
	Total other expenses	168305000	278130000
	Total expenses	2932601000	6337245000
3	Total profit before exceptional items and tax	94391000	169422000
4	Exceptional items	0	0
5	Total profit before tax	94391000	169422000
6	Tax expense
7	Current tax	0	0
8	Deferred tax	18798000	40619000
9	Total tax expenses	18798000	40619000
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	75593000	128803000
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	75593000	128803000
17	Other comprehensive income net of taxes	0	0
18	Total Comprehensive Income for the period	75593000	128803000
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	157840000	157840000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		1385541000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	4.81	8.31
	Diluted earnings (loss) per share from continuing operations	4.81	8.31
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	4.81	8.31
	Diluted earnings (loss) per share from continuing and discontinued operations	4.81	8.31
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		n Notes to Audited Standalone Financial Results for the year ended March 31, 2025t n1.tThe above Audited standalone financial results have been reviewed by the Audit Committee and thereafter approved by the Board of Directors in their respective meeting held on May 20, 2025. n2.tThe Audited Standalone Financial Results have been prepared in accordance with the Generally Accepted Accounting Principles in India (lndian GAAP) & Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. n3.tThe statutory auditors of the company have carried out audit of the standalone financial statements for the year ended March 31, 2025 as per Regulation 33 of Securities and Exchange Board of India (Listing obligation and Disclosure Requirements) Regulations, 2015. n4.tThe company is primarily engaged in “Cotton Ginning and Spinning” business. The requirement of AS-17- “Segment Reporting”, is not applicable to the company as it is engaged in single business segment and no break up of revenue is available. n5.tThe Company’s Cotton Ginning business is seasonal business and normally it starts from the month of October till the month of April next year. Therefore, Results for 1st half year and 2nd half year are strictly not comparable. n6.tThe previous year figures have been regrouped / rearranged wherever necessary to make them comparable with the current period figures. The figures of Second half of the year are the balancing figures in respect of full financial year and the published year to-date figures up to the first half year ended on September 30, 2025 of current financial year. n7.tThe Board of Directors has recommended a final dividend for the financial year 2024-25 on Equity Share Capital 5% (Rs. 0.50 Per Equity of face value Rs. 10/- each) subject to approval of the shareholders in the ensuing Annual General Meeting (AGM). n8.tDuring the Second half of the year, Company has successfully carried out issue and allotment of 5,00,000 equity shares of face value of Rs.10 each to Qualified Institutional Buyers (QIBs) at an issue price of Rs. 481 per share, aggregating to Rs. 24,05,00,000/-. Pursuant to allotment of equity shares of the issue, the paid-up equity share capital of the company stands increased by Rs. 50,00,000/- and total equity paid up capital at the year-end is Rs. 15,78,40,000/- consisting of 1,57,84,000 equity shares of face value Rs. 10 each. nThe net proceeds from the issue was Rs. 2384.00 Lakhs (Net of issue expense of Rs. 21.00 Lakhs) and it was incurred as per table below: n n n n n nSr NotOriginal ObjecttModified object, if anytOriginal Allocation (Rs. In Lakhs)tModified allocation, if anytFunds utilized (Rs. In Lakhs)tAmount of deviation/variation n1tWorking Capital RequirementtNILt1,800tNILt1,800tNIL n2tGeneral Corporate Purpose*tNILt584tNILt584tNIL ntTotaltt2,384tt2,384t n n *Issue expense of 1 Lakh (As per Prospectus issue expense is 20 Lakhs) is netted off in general corporate purpose. n n n n n n nFOR, PASHUPATI COTSPIN LIMITED n n_________________ nSAURIN JAGDISH BHAI PARIKH nManaging Director n(DIN: 02136530) n n nDate: May 20, 2025 nPlace: Ahmedabad 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	1270552000
	Capital work-in-progress	743000
	Investment property
	Goodwill	0
	Other intangible assets	0
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	12285000
	Trade receivables, non-current
	Loans, non-current	65798000
	Other non-current financial assets
	Total non-current financial assets	78083000
	Deferred tax assets (net)
	Other non-current assets
	Total non-current assets	1349378000
2	Current assets
	Inventories	413911000
	Current financial asset
	Current investments	344090000
	Trade receivables, current	422020000
	Cash and cash equivalents	21451000
	Bank balance other than cash and cash equivalents	0
	Loans, current	217924000
	Other current financial assets
	Total current financial assets	1005485000
	Current tax assets (net)
	Other current assets	67961000
	Total current assets	1487357000
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	2836735000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	157840000
	Other equity	1385541000
	Total equity attributable to owners of parent	1543381000
	Non controlling interest
	Total equity	1543381000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	255559000
	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	255559000
	Provisions, non-current	20134000
	Deferred tax liabilities (net)	130910000
	Deferred government grants, Non-current
	Other non-current liabilities	1521000
	Total non-current liabilities	408124000
	Current liabilities
	Current financial liabilities
	Borrowings, current	738404000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	1637000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	97283000
	Total Trade payable	98920000
	Other current financial liabilities	30252000
	Total current financial liabilities	867576000
	Other current liabilities
	Provisions, current	17654000
	Current tax liabilities (Net)
	Deferred government grants, Current
	Total current liabilities	885230000
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	1293354000
	Total equity and liabilites	2836735000
	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-Oct-2024	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)
	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
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-Oct-2024	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
	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

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			169422000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			131588000
	Adjustments for decrease (increase) in inventories			-75000
	Adjustments for decrease (increase) in trade receivables, current			115395000
	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			-153271000
	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			88295000
	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			0
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			-37036000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			-21405000
	Total adjustments for reconcile profit (loss)			123491000
	Net cash flows from (used in) operations			292913000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			-1614000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			294527000
	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			0
	Purchase of property, plant and equipment			0
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			1625000
	Purchase of intangible assets			10233000
	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			37036000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			98241000
	Net cash flows from (used in) investing activities	126669000
	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			240500000
	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			-511948000
	Repayments of borrowings			0
	Payments of lease liabilities			0
	Dividends paid			11463000
	Interest paid			136751000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-419662000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			1534000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			19917000
	Net increase (decrease) in cash and cash equivalents			21451000
	Cash and cash equivalents cash flow statement at beginning of period			0
	Cash and cash equivalents cash flow statement at end of period			21451000

Signatory Details
Name of signatory	Saurin Jagdish Bhai Parikh
Designation of person	Managing Director
Place	Ahmedabad
Date	20-May-2025