Integrated Filing — IndAS

General information about company
Scrip Code	530131
NSE Symbol	UDAICEMENT
MSEI Symbol	NA
ISIN	INE225C01029
Name of company	Udaipur Cement Works 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	22-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	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	Single segment
Description of single segment	Cement & Cement Products
Start date and time of board meeting	22-May-2025   12:30:00
End date and time of board meeting	22-May-2025   15:30:00
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	No
(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.	No
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	2025-01-28
Indicate Company website link for updated RPT policy of the Company	https://udaipurcement.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 are no defaults.

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	4842100000	14724800000
	Other income	33000000	65400000
	Total income	4875100000	14790200000
2	Expenses
(a)	Cost of materials consumed	592000000	2002000000
(b)	Purchases of stock-in-trade	622100000	2191700000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	155400000	273800000
(d)	Employee benefit expense	120100000	529600000
(e)	Finance costs	304400000	1208100000
(f)	Depreciation, depletion and amortisation expense	253500000	1021500000
(f)	Other Expenses
1	Power and Fuel	1053900000	3717200000
2	Transport, Clearing & Forwarding Charges	782900000	2345800000
3	Other Expenses	421700000	1314700000
	Total other expenses	2258500000	7377700000
	Total expenses	4306000000	14604400000
3	Total profit before exceptional items and tax	569100000	185800000
4	Exceptional items	0	0
5	Total profit before tax	569100000	185800000
6	Tax expense
7	Current tax	0	0
8	Deferred tax	173200000	84900000
9	Total tax expenses	173200000	84900000
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	395900000	100900000
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	395900000	100900000
17	Other comprehensive income net of taxes	-9500000	-10600000
18	Total Comprehensive Income for the period	386400000	90300000
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	2242200000	2242200000
	Face value of equity share capital	4	4
27	Details of debt securities
22	Reserves excluding revaluation reserve		5761500000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	0.71	0.18
	Diluted earnings (loss) per share from continuing operations	0.71	0.18
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	0.71	0.18
	Diluted earnings (loss) per share from continuing and discontinued operations	0.71	0.18
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		3tThe Company has only one business segment namely Cementitious Materialstt n4tThe figures for the previous periods have been regrouped rearranged wherever necessary. The figures of last quarters are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the relevant financial years.ttttttttttttttttttt n5tThe above results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 22nd May 2025. ttttt n6tThe Company does not have any Subsidiary Associate Joint Venture Company ies as on 31st March 2025.ttttttttt n7tThe Company is in compliance with the requirements of Chapter XII of SEBI circular dated August 10 2021 as amended, applicable to Large Corporates.ttttt n8tIn accordance with Ind AS 8 Accounting Policies, Changes in Accounting Estimates and Errors, the Management of the Company has during the year ended 31st March 2025 reassessed the Value of Equity component of a Compound Financial Instrument in the previously issued Financial Results has accordingly restated the comparative figures presented for the prior periods. The Restatement has resulted decrease in Profit for the Quarter ended 31st December 2024 by 1.59 Crores for the Quarter and Year ended 31st March 2024 by 1.33 Crores and 5.34 Crores respectively. Further there is no impact on Other Equity as at 1st April 2023 opening date of the previous Financial Statements.ttttttttt n9tThe Board of Directors of the Company at their Meeting held on 31st July 2024 have approved a Composite Scheme of tAmalgamation and Arrangement The Scheme which inter alia includes amalgamation of the Company into with the Holding Company JK Lakshmi Cement Ltd wef the Appointed Date of 1st April 2024 subject to the requisite Statutory Regulatory Approvals, as applicable. The Company has already approached the Regulatory Authorities for the necessary Approvals, which are still awaited. Pending such approvals the effect of the Scheme has not been given in the above Financial Results.ttttttttt 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	21808700000
	Capital work-in-progress	19600000
	Investment property	122100000
	Goodwill	0
	Other intangible assets	4100000
	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	0
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	142900000
	Total non-current financial assets	142900000
	Deferred tax assets (net)	0
	Other non-current assets	20500000
	Total non-current assets	22117900000
2	Current assets
	Inventories	1954500000
	Current financial asset
	Current investments	2070400000
	Trade receivables, current	144400000
	Cash and cash equivalents	324500000
	Bank balance other than cash and cash equivalents	2300000
	Loans, current	0
	Other current financial assets	25300000
	Total current financial assets	2566900000
	Current tax assets (net)	16000000
	Other current assets	290900000
	Total current assets	4828300000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	26946200000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	2242200000
	Other equity	5761500000
	Total equity attributable to owners of parent	8003700000
	Non controlling interest
	Total equity	8003700000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	14826600000
	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	324300000
	Total non-current financial liabilities	15150900000
	Provisions, non-current	42700000
	Deferred tax liabilities (net)	51000000
	Deferred government grants, Non-current	0
	Other non-current liabilities	40100000
	Total non-current liabilities	15284700000
	Current liabilities
	Current financial liabilities
	Borrowings, current	1333900000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	32400000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	1049600000
	Total Trade payable	1082000000
	Other current financial liabilities	935500000
	Total current financial liabilities	3351400000
	Other current liabilities	303900000
	Provisions, current	2500000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	3657800000
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	18942500000
	Total equity and liabilites	26946200000
	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)
	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-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	Re-measurement gain / (losses) on defined benefit plans	-12700000	-14200000
	Total Amount of items that will not be reclassified to profit and loss	-12700000	-14200000
2	Income tax relating to items that will not be reclassified to profit or loss	-3200000	-3600000
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	-9500000	-10600000

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			185800000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			1208100000
	Adjustments for decrease (increase) in inventories			335600000
	Adjustments for decrease (increase) in trade receivables, current			-102800000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-72500000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			-22200000
	Adjustments for other financial assets, current			24600000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			213400000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-296100000
	Adjustments for increase (decrease) in other non-current liabilities			32100000
	Adjustments for depreciation and amortisation expense			1021500000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			-16100000
	Adjustments for provisions, non-current			18900000
	Adjustments for other financial liabilities, current			160500000
	Adjustments for other financial liabilities, non-current			2300000
	Adjustments for unrealised foreign exchange losses gains			-13300000
	Adjustments for dividend income			0
	Adjustments for interest income			13500000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			-17800000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-24800000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			2437900000
	Net cash flows from (used in) operations			2623700000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			-4500000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			2628200000
	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			39800000
	Purchase of property, plant and equipment			2412400000
	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			10000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-1027700000
	Net cash flows from (used in) investing activities	-3390300000
	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			2653500000
	Repayments of borrowings			667000000
	Payments of lease liabilities			0
	Dividends paid			0
	Interest paid			1220500000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-6500000
	Net cash flows from (used in) financing activities			759500000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-2600000
	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			-2600000
	Cash and cash equivalents cash flow statement at beginning of period			327100000
	Cash and cash equivalents cash flow statement at end of period			324500000