Integrated Filing — IndAS

General information about company
Scrip Code	538902
NSE Symbol	DTIL
MSEI Symbol	NOTLISTED
ISIN	INE341R01014
Name of company	Dhunseri Tea & 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	Consolidated
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   12:15:00
End date and time of board meeting	22-May-2025   18:00:00
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

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	Consolidated	Consolidated
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	684405000	4563784000
	Other income	34918000	58149000
	Total income	719323000	4621933000
2	Expenses
(a)	Cost of materials consumed	20516000	59710000
(b)	Purchases of stock-in-trade	4536000	10599000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	84644000	19604000
(d)	Employee benefit expense	589887000	2715613000
(e)	Finance costs	56837000	226150000
(f)	Depreciation, depletion and amortisation expense	42415000	189027000
(f)	Other Expenses
1	Power and Fuel expenses	143474000	480946000
2	Foreign Currency Exchange Losses	-4930000	29138000
3	Other expenses	454535000	1457920000
	Total other expenses	593079000	1968004000
	Total expenses	1391914000	5188707000
3	Total profit before exceptional items and tax	-672591000	-566774000
4	Exceptional items	115482000	272882000
5	Total profit before tax	-557109000	-293892000
6	Tax expense
7	Current tax	-59477000	8351000
8	Deferred tax	-76391000	-101779000
9	Total tax expenses	-135868000	-93428000
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	-421241000	-200464000
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	-421241000	-200464000
17	Other comprehensive income net of taxes	-27560000	-3073000
18	Total Comprehensive Income for the period	-448801000	-203537000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	0	0
	Total profit or loss, attributable to non-controlling interests	0	0
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	0	0
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
21	Details of equity share capital
	Paid-up equity share capital	105074000	105074000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		0
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	-40.09	-19.08
	Diluted earnings (loss) per share from continuing operations	-40.09	-19.08
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	-40.09	-19.08
	Diluted earnings (loss) per share from continuing and discontinued operations	-40.09	-19.08
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		Note: The adjustments for individual items of non- cash and non-operating items of income and expenses in the statement of Consolidated cash flows above does not contain the impact of hyperinflationary adjustments. These have been aggregated and disclosed as a separate line item in the Statement of Consolidated Cash Flows. n4. The above consolidated results for the quarter and year ended March 31,2025, were reviewed and approved by the Audit Committee / Board of Directors at their meeting held on May 22, 2025. nThe Consolidated financial results of the Group have been prepared in accordance with the Indian Accounting Standards ('Ind AS') as prescribed under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules, 2015, as amended. n5.Cost of Materials consumed represents Green Leaf purchased. Biological asset represents other than bearer plants. n6. With a view to rationalise the operations and improving the profitability, the Holding Company has sold specified assets of Dilli Tea Estate and profit on such sale amounting to Rs. 1,154.82 Lakhs has been disclosed as “Exceptional Items” in the current quarter. Exceptional items for the current year also includes profit on sale of specified leased assets of Jaipur Packet Factory amounting to Rs. 1,574.00 lakhs made in an earlier quarter. Exceptional items in the previous year represents profit on sale of specified assets of Shivani Tea Factory, Hatibari Tea Factory and loss on sale of Investment property at Bikaner. n8. The Group has concluded that its subsidiaries operating in Malawi falls under hyperinflationary economy and accordingly Ind AS 29 “Financial Reporting in Hyperinflationary Economies” has been applied w.e.f. beginning of the current year (i.e. April 1, 2024) and as a result of this, the Property, plant and equipment (PPE) has increased by Rs. 5,753 lakhs, goodwill of Rs 2,645 lakhs has been impaired due to such increase in PPE, the retained earnings has increased by Rs. 1,383 lakhs and deferred tax liability of Rs. 1,725 lakhs has been recognised on the aforesaid increase in PPE. During the current year, the restatement under Ind AS 29 has resulted in a net loss of Rs. 454 lakhs which has been recognized in the Statement of profit and loss which is non-cash in nature. n9.The figures of the last quarter for the current year and the previous year are the balancing figures in respect of the full financial year ended 31st March and the unaudited published year to date figures upto third quarter ended 31st December, which were subject to limited review. n10. The Group is engaged in the integrated process of growing, harvesting, manufacturing and sale of tea and macadamia nuts during the year/quarter and has identified it as the only operating segment. Further, the cultivation and production of tea and macadamia nuts being seasonal in nature, the performance of the Company varies from quarter to quarter and the results of the quarter as such are not representative of the expected annual performance of the Group. n11.The Board of Directors has recommended a dividend of 10% (Rs.1 per equity share of Rs. 10/- each) for the year 2024-25, subject to approval of shareholders in the Annual General Meeting.

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		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	7107935000
	Capital work-in-progress	792714000
	Investment property	40539000
	Goodwill	0
	Other intangible assets	10925000
	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	122559000
	Trade receivables, non-current	92703000
	Loans, non-current	0
	Other non-current financial assets	40326000
	Total non-current financial assets	255588000
	Deferred tax assets (net)	81959000
	Other non-current assets	10962000
	Total non-current assets	8300622000
2	Current assets
	Inventories	716769000
	Current financial asset
	Current investments	0
	Trade receivables, current	141596000
	Cash and cash equivalents	199069000
	Bank balance other than cash and cash equivalents	2131000
	Loans, current	750000
	Other current financial assets	59698000
	Total current financial assets	403244000
	Current tax assets (net)
	Other current assets	168759000
	Total current assets	1288772000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	9589394000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	105074000
	Other equity	5095039000
	Total equity attributable to owners of parent	5200113000
	Non controlling interest	0
	Total equity	5200113000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	1152487000
	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	52126000
	Total non-current financial liabilities	1204613000
	Provisions, non-current	295046000
	Deferred tax liabilities (net)	639872000
	Deferred government grants, Non-current	0
	Other non-current liabilities	29593000
	Total non-current liabilities	2169124000
	Current liabilities
	Current financial liabilities
	Borrowings, current	1421417000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	18065000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	374429000
	Total Trade payable	392494000
	Other current financial liabilities	220711000
	Total current financial liabilities	2034622000
	Other current liabilities	84230000
	Provisions, current	99792000
	Current tax liabilities (Net)	1513000
	Deferred government grants, Current	0
	Total current liabilities	2220157000
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	4389281000
	Total equity and liabilites	9589394000
	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		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	India	276780000	3270253000
2	Outside India	407625000	1293531000
	Total Segment Revenue	684405000	4563784000
	Less: Inter segment revenue	0	0
	Revenue from operations	684405000	4563784000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	India	-540009000	-211593000
2	Outside India	-110663000	-187180000
	Total Profit before tax	-650672000	-398773000
	i. Finance cost	56837000	56837000
	ii. Other Unallocable Expenditure net off Unallocable income	-150400000	-150400000
	Profit before tax	-557109000	-293892000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	India	6431008000	6431008000
2	Outside India	3158386000	3158386000
	Total Segment Asset	9589394000	9589394000
	Un-allocable Assets	0	0
	Net Segment Asset	9589394000	9589394000
4	Segment Liabilities
	Segment Liabilities
1	India	2126744000	2126744000
2	Outside India	2262539000	2262539000
	Total Segment Liabilities	4389283000	4389283000
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	4389283000	4389283000
	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	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurement gain on defined benefit plans	31611000	52318000
2	Net gain/(loss) on fair valuation of equity instruments through other comprehensive income	-66262000	-43407000
	Total Amount of items that will not be reclassified to profit and loss	-34651000	8911000
2	Income tax relating to items that will not be reclassified to profit or loss	-592000	8477000
3	Amount of items that will be reclassified to profit and loss
1	Exchange differences on translation of foreign operations	6499000	-3507000
	Total Amount of items that will be reclassified to profit and loss	6499000	-3507000
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-27560000	-3073000

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			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			-293892000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			0
	Adjustments for decrease (increase) in inventories			52742000
	Adjustments for decrease (increase) in trade receivables, current			46716000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-18774000
	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			-43255000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			31704000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			188327000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			-6593000
	Adjustments for provisions, non-current			35645000
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			25059000
	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			-277336000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			14027000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			48262000
	Net cash flows from (used in) operations			-245630000
	Dividends received			0
	Interest paid			-212984000
	Interest received			-619000
	Income taxes paid (refund)			-17759000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			-15506000
	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			359427000
	Purchase of property, plant and equipment			324895000
	Proceeds from sales of investment property			23000000
	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			191424000
	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			239000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) investing activities	249195000
	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			923471000
	Repayments of borrowings			841810000
	Payments of lease liabilities			6709000
	Dividends paid			0
	Interest paid			236719000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-161767000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			71922000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			1443000
	Net increase (decrease) in cash and cash equivalents			73365000
	Cash and cash equivalents cash flow statement at beginning of period			125704000
	Cash and cash equivalents cash flow statement at end of period			199069000