Integrated Filing — IndAS



General information about company
Scrip Code 000000
NSE Symbol SHANTI
MSEI Symbol 000000
ISIN INE933X01016
Name of company Shanti Overseas (India) 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 23-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 20-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 Single segment
Description of single segment Agriculture
Start date and time of board meeting 23-May-2025   18:00:00
End date and time of board meeting 23-May-2025   18:45:00
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 14735000 238410000
Other income 899000 11346000
Total income 15634000 249756000
2 Expenses
(a) Cost of materials consumed 0 122000
(b) Purchases of stock-in-trade 0 227429000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 9854000 34391000
(d) Employee benefit expense 710000 7703000
(e) Finance costs 36000 525000
(f) Depreciation, depletion and amortisation expense 202000 1065000
(f) Other Expenses
1 Other Expenses 2276000 14034000
Total other expenses 2276000 14034000
Total expenses 13078000 285269000
3 Total profit before exceptional items and tax 2556000 -35513000
4 Exceptional items 0 0
5 Total profit before tax 2556000 -35513000
6 Tax expense
7 Current tax 0 0
8 Deferred tax -255000 -7588000
9 Total tax expenses -255000 -7588000
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 2811000 -27925000
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 2811000 -27925000
17 Other comprehensive income net of taxes -29000 -28000
18 Total Comprehensive Income for the period 2782000 -27953000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 2811000 -27925000
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 2782000 -27953000
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 111060000 111060000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 57605000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.25 -2.51
Diluted earnings (loss) per share from continuing operations 0.25 -2.51
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 0.25 -2.51
Diluted earnings (loss) per share from continuing and discontinued operations 0.25 -2.51
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1 The Audited consolidated financial results for the three months ended 31st March 2025 were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on May 23 2025 and have been subject to audit by the Statutory Auditors of the Company. The above results have been prepared in accordance with the Indian Accounting Standard (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules 2015 and Companies (Indian Accounting Standards) Amendment Rules, 2016. n n2 Figures of previous periods have been regrouped and reclassified wherever necessary to make them comparable to the current period. n n3 Tax expense includes current tax deferred tax and taxes for earlier years. n n4 The figures for the Quarter ended 31st March, 2025 are the balancing figures between the Audited Figures in respect of the 31th March 2025 and the published year to date figures up to the end of the Third Quarter Excluding the figure of Soil Consultech Private limited of the relevant financial year which were subjected to Limited Review. n n5 There is no separate reportable segment as per Ind AS 108 on Operating Segments in respect of the Group. n n6 During the year ended 31st March 2025 the company has disposed off its entire stake in one of the subsidiaries namely SOIL CONSULTECH PRIVATE LIMITED on 31st March 2025 n n7 During the year ended 31st March 2025 the company has been sanctioned a government grant amounting to Rs. 239.40 in Lacs for implementation of skill development programmes. The grant is sanctioned from National institute of social defence in equal proportions and is accounted for in accordance with Ind AS-20 Accounting for government grant and disclosure of government assistance. 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 Consolidated
Assets
1 Non-current assets
Property, plant and equipment 466000
Capital work-in-progress 0
Investment property 0
Goodwill 0
Other intangible assets 1361000
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 182000
Total non-current financial assets 182000
Deferred tax assets (net) 71349000
Other non-current assets 0
Total non-current assets 73358000
2 Current assets
Inventories 0
Current financial asset
Current investments 0
Trade receivables, current 24423000
Cash and cash equivalents 820000
Bank balance other than cash and cash equivalents 0
Loans, current 27632000
Other current financial assets 0
Total current financial assets 52875000
Current tax assets (net) 0
Other current assets 75396000
Total current assets 128271000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 201629000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 111060000
Other equity 3930000
Total equity attributable to owners of parent 114990000
Non controlling interest 0
Total equity 114990000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 13307000
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 1012000
Total non-current financial liabilities 14319000
Provisions, non-current 53000
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 14372000
Current liabilities
Current financial liabilities
Borrowings, current 0
Trade payables, 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 10344000
Total Trade payable 10344000
Other current financial liabilities 75000
Total current financial liabilities 10419000
Other current liabilities 59011000
Provisions, current 2837000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 72267000
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 86639000
Total equity and liabilites 201629000
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)
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 Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurement gain/(loss) on defined benefit plans -29000 -28000
2 Income tax relating to items that will not be reclassified to profit or loss 0 0
Total Amount of items that will not be reclassified to profit and loss -29000 -28000
2 Income tax relating to items that will not be reclassified to profit or loss 0 0
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 -29000 -28000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
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 -35513000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 525000
Adjustments for decrease (increase) in inventories 34603000
Adjustments for decrease (increase) in trade receivables, current -6047000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -24004000
Adjustments for decrease (increase) in other non-current assets 2548000
Adjustments for other financial assets, non-current 882000
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 7587000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -3258000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 1065000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current -989000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current -149000
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 1524000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) -37000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 1954000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 235000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 13391000
Net cash flows from (used in) operations -22122000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -22122000
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 1723000
Purchase of property, plant and equipment 43000
Proceeds from sales of investment property -127000
Purchase of investment property -2207000
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 1524000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities 5284000
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 9559000
Repayments of borrowings 0
Payments of lease liabilities 521000
Dividends paid 0
Interest paid 525000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 8513000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -8325000
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 -8325000
Cash and cash equivalents cash flow statement at beginning of period 9145000
Cash and cash equivalents cash flow statement at end of period 820000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Spark & Associates Yes 31-May-2025