Integrated Filing — IndAS

General information about company
Scrip Code	540961
NSE Symbol	SHIVAMILLS
MSEI Symbol	NOTLISTED
ISIN	INE644Y01017
Name of company	SHIVA MILLS 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	09-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	Textile
Start date and time of board meeting	22-May-2025   15:00:00
End date and time of board meeting	22-May-2025   16:35:00
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	2025-02-06
Indicate Company website link for updated RPT policy of the Company	https://www.shivamills.com/shares/policies/
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	410389000	1693054000
	Other income	5088000	16108000
	Total income	415477000	1709162000
2	Expenses
(a)	Cost of materials consumed	251832000	1312462000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	67009000	-4682000
(d)	Employee benefit expense	35454000	166258000
(e)	Finance costs	3462000	12277000
(f)	Depreciation, depletion and amortisation expense	17016000	67582000
(f)	Other Expenses
1	Other Expenditure	49400000	197738000
	Total other expenses	49400000	197738000
	Total expenses	424173000	1751635000
3	Total profit before exceptional items and tax	-8696000	-42473000
4	Exceptional items	0	0
5	Total profit before tax	-8696000	-42473000
6	Tax expense
7	Current tax	0	0
8	Deferred tax	-1013000	-4361000
9	Total tax expenses	-1013000	-4361000
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	-7683000	-38112000
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	-7683000	-38112000
17	Other comprehensive income net of taxes	2749000	353000
18	Total Comprehensive Income for the period	-4934000	-37759000
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	86418000	86418000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		837659000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	-0.89	-4.41
	Diluted earnings (loss) per share from continuing operations	-0.89	-4.41
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	-0.89	-4.41
	Diluted earnings (loss) per share from continuing and discontinued operations	-0.89	-4.41
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		NOTES: n n1.tThe above Audited Financial Results were reviewed by the Audit Committee on 22nd May 2025 and taken on record by the Board of Directors at their meeting held on 22nd May 2025 n n n2.tThese financial results have been prepared in accordance with Indian Accounting Standards ('Ind AS') prescribed under section 133 of the Companies Act, 2013 read with relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular dated July 5, 2016. n n3.tThe Company has only one business segment in operation. i.e. Textile Business. Hence segment wise reporting is not applicable. n n4.tThe Company does not have any subsidiary or associates/Joint Ventures, Therefore, consolidated financial statement under IND AS 110 is not applicable. n n5.tThe Board of Directors have not recommended payment of any dividend during the year. n n6.tThe figures of the last quarter of the current year and previous year are the balancing figures between audited figures in respect of full financial years and the published unaudited year to date figures upto the 3rd quarter of the respective financial years, which were subjected to limited review. n n7.tPrevious period figures have been regrouped /reclassified, wherever necessary, to conform with the current period classification/presentation. 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	591753000
	Capital work-in-progress	1370000
	Investment property	9791000
	Goodwill	0
	Other intangible assets	0
	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	6003000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	15623000
	Total non-current financial assets	21626000
	Deferred tax assets (net)	0
	Other non-current assets	5004000
	Total non-current assets	629544000
2	Current assets
	Inventories	254756000
	Current financial asset
	Current investments	0
	Trade receivables, current	269186000
	Cash and cash equivalents	2935000
	Bank balance other than cash and cash equivalents	984000
	Loans, current	0
	Other current financial assets	117000
	Total current financial assets	273222000
	Current tax assets (net)	0
	Other current assets	26281000
	Total current assets	554259000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	1183803000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	86418000
	Other equity	837659000
	Total equity attributable to owners of parent	924077000
	Non controlling interest
	Total equity	924077000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	0
	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	4550000
	Total non-current financial liabilities	4550000
	Provisions, non-current	0
	Deferred tax liabilities (net)	15931000
	Deferred government grants, Non-current	0
	Other non-current liabilities	78000
	Total non-current liabilities	20559000
	Current liabilities
	Current financial liabilities
	Borrowings, current	98858000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	17920000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	43437000
	Total Trade payable	61357000
	Other current financial liabilities	30792000
	Total current financial liabilities	191007000
	Other current liabilities	44437000
	Provisions, current	3723000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	239167000
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	259726000
	Total equity and liabilites	1183803000
	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	Remeasurement Gain (Loss) on Defined Benefits obligations (Net)	3675000	472000
	Total Amount of items that will not be reclassified to profit and loss	3675000	472000
2	Income tax relating to items that will not be reclassified to profit or loss	926000	119000
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	2749000	353000

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			-42473000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			12277000
	Adjustments for decrease (increase) in inventories			59713000
	Adjustments for decrease (increase) in trade receivables, current			-69977000
	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			10428000
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			3757000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			5981000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-6724000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			67582000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			-445000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			3984000
	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			1251000
	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			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			85325000
	Net cash flows from (used in) operations			42852000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			35000
	Other inflows (outflows) of cash			-2308000
	Net cash flows from (used in) operating activities			40509000
	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			3608000
	Purchase of property, plant and equipment			31759000
	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			1251000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			382000
	Net cash flows from (used in) investing activities	-26518000
	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			4096000
	Payments of lease liabilities			0
	Dividends paid			0
	Interest paid			12277000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-16373000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-2382000
	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			-2382000
	Cash and cash equivalents cash flow statement at beginning of period			6301000
	Cash and cash equivalents cash flow statement at end of period			3919000