Integrated Filing — IndAS

General information about company
Scrip Code	532610
NSE Symbol	DWARKESH
MSEI Symbol	NOTLISTED
ISIN	INE366A01041
Name of company	Dwarikesh Sugar Industries 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	Multi segment
Description of single segment
Start date and time of board meeting	22-May-2025   12:35:00
End date and time of board meeting	22-May-2025   15:15:00
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	2025-01-27
Indicate Company website link for updated RPT policy of the Company	https://www.dwarikesh.com/wp-content/uploads/2025/01/Related-Party-Transactions-Policy-REVISED.pdf
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
The Company does not have any Loans and Debt Securities during the review period. Therefore, disclosure for default on Loans and Debt is not applicable to the entity.

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	4588506000	13588834000
	Other income	2177000	64395000
	Total income	4590683000	13653229000
2	Expenses
(a)	Cost of materials consumed	5725785000	10314997000
(b)	Purchases of stock-in-trade	21893000	79544000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-2785334000	-65503000
(d)	Employee benefit expense	284602000	1104394000
(e)	Finance costs	76790000	185228000
(f)	Depreciation, depletion and amortisation expense	118908000	489275000
(f)	Other Expenses
1	Other Expenses	271705000	1020689000
	Total other expenses	271705000	1020689000
	Total expenses	3714349000	13128624000
3	Total profit before exceptional items and tax	876334000	524605000
4	Exceptional items	0	0
5	Total profit before tax	876334000	524605000
6	Tax expense
7	Current tax	95930000	95980000
8	Deferred tax	317104000	195268000
9	Total tax expenses	413034000	291248000
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	463300000	233357000
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	463300000	233357000
17	Other comprehensive income net of taxes	-4371000	-4371000
18	Total Comprehensive Income for the period	458929000	228986000
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	185301000	185301000
	Face value of equity share capital	1	1
27	Details of debt securities
22	Reserves excluding revaluation reserve		7876863000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	2.5	1.26
	Diluted earnings (loss) per share from continuing operations	2.5	1.26
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	2.5	1.26
	Diluted earnings (loss) per share from continuing and discontinued operations	2.5	1.26
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		For notes please refer ourletter submitted to exchange on MAy 22, 2025 vide letter no.DSIL/2025-26/022

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	5434372000
	Capital work-in-progress	0
	Investment property	0
	Goodwill	0
	Other intangible assets	35274000
	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	3159000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	21269000
	Total non-current financial assets	24428000
	Deferred tax assets (net)	683000
	Other non-current assets	71161000
	Total non-current assets	5565918000
2	Current assets
	Inventories	7506591000
	Current financial asset
	Current investments	2320000
	Trade receivables, current	617599000
	Cash and cash equivalents	820192000
	Bank balance other than cash and cash equivalents	9480000
	Loans, current	0
	Other current financial assets	712000
	Total current financial assets	1450303000
	Current tax assets (net)	0
	Other current assets	105844000
	Total current assets	9062738000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	14628656000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	185301000
	Other equity	7876863000
	Total equity attributable to owners of parent	8062164000
	Non controlling interest
	Total equity	8062164000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	926325000
	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	32924000
	Total non-current financial liabilities	959249000
	Provisions, non-current	310116000
	Deferred tax liabilities (net)	509154000
	Deferred government grants, Non-current	0
	Other non-current liabilities	18206000
	Total non-current liabilities	1796725000
	Current liabilities
	Current financial liabilities
	Borrowings, current	4105740000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	12785000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	305060000
	Total Trade payable	317845000
	Other current financial liabilities	175407000
	Total current financial liabilities	4598992000
	Other current liabilities	88093000
	Provisions, current	65605000
	Current tax liabilities (Net)	17077000
	Deferred government grants, Current	0
	Total current liabilities	4769767000
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	6566492000
	Total equity and liabilites	14628656000
	Disclosure of notes on assets and liabilities	Textual Information(1)

Text Block
Textual Information(1)	For notes please refer ourletter submitted to exchange on MAy 22, 2025 vide letter no.DSIL/2025-26/022

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	Sugar	4401451000	12592345000
2	Distillery	1895627000	3830344000
	Total Segment Revenue	6297078000	16422689000
	Less: Inter segment revenue	1708572000	1708572000
	Revenue from operations	4588506000	13588834000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Sugar	687590000	497685000
2	Distillery	313950000	315042000
	Total Profit before tax	1001540000	812727000
	i. Finance cost	76790000	76790000
	ii. Other Unallocable Expenditure net off Unallocable income	48416000	48416000
	Profit before tax	876334000	524605000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Sugar	9602748000	9602748000
2	Distillery	4101652000	4101652000
	Total Segment Asset	13704400000	13704400000
	Un-allocable Assets	924256000	924256000
	Net Segment Asset	14628656000	14628656000
4	Segment Liabilities
	Segment Liabilities
1	Sugar	910942000	910942000
2	Distillery	28848000	28848000
	Total Segment Liabilities	939790000	939790000
	Un-allocable Liabilities	5626702000	5626702000
	Net Segment Liabilities	6566492000	6566492000
	Disclosure of notes on segments	Textual Information(2)

Text Block
Textual Information(2)	For notes please refer ourletter submitted to exchange on MAy 22, 2025 vide letter no.DSIL/2025-26/022

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	Items that will not be reclassified to pofit or loss	-5838000	-5838000
	Total Amount of items that will not be reclassified to profit and loss	-5838000	-5838000
2	Income tax relating to items that will not be reclassified to profit or loss	-1467000	-1467000
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	-4371000	-4371000

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			524605000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			185228000
	Adjustments for decrease (increase) in inventories			-97508000
	Adjustments for decrease (increase) in trade receivables, current			-264071000
	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			-8864000
	Adjustments for other financial assets, non-current			19000
	Adjustments for other financial assets, current			-901000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-113734000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-28097000
	Adjustments for increase (decrease) in other non-current liabilities			51104000
	Adjustments for depreciation and amortisation expense			489275000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			16450000
	Adjustments for provisions, current			19556000
	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			10000
	Adjustments for interest income			46065000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			149000
	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)			2184000
	Other adjustments for non-cash items			-338000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			204377000
	Net cash flows from (used in) operations			728982000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			122217000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			606765000
	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			938000
	Purchase of property, plant and equipment			124190000
	Proceeds from sales of investment property			0
	Purchase of investment property			11000
	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			10000
	Interest received			46371000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			11395000
	Net cash flows from (used in) investing activities	-65487000
	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			77784000
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			1197933000
	Repayments of borrowings			672200000
	Payments of lease liabilities			0
	Dividends paid			0
	Interest paid			158854000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-15836000
	Net cash flows from (used in) financing activities			273259000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			814537000
	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			814537000
	Cash and cash equivalents cash flow statement at beginning of period			5655000
	Cash and cash equivalents cash flow statement at end of period			820192000