Integrated Filing — IndAS



General information about company
Scrip Code 521220
NSE Symbol DAMODARIND
MSEI Symbol NOTLISTED
ISIN INE497D01022
Name of company DAMODAR 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 26-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 19-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 GOODS
Start date and time of board meeting 26-May-2025   14:30:00
End date and time of board meeting 26-May-2025   16:20:00
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 2023-02-09
Indicate Company website link for updated RPT policy of the Company www.damodargrouop.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
Company is not Default on Loans



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 851481000 4214354000
Other income 135841000 252120000
Total income 987322000 4466474000
2 Expenses
(a) Cost of materials consumed 446262000 1955243000
(b) Purchases of stock-in-trade 278079000 1416600000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -60724000 -27741000
(d) Employee benefit expense 66386000 242076000
(e) Finance costs 44361000 208120000
(f) Depreciation, depletion and amortisation expense 44954000 199543000
(f) Other Expenses
1 Other Expenditure 117126000 438673000
Total other expenses 117126000 438673000
Total expenses 936444000 4432514000
3 Total profit before exceptional items and tax 50878000 33960000
4 Exceptional items 0 0
5 Total profit before tax 50878000 33960000
6 Tax expense
7 Current tax 0 5933000
8 Deferred tax 18782000 -25990000
9 Total tax expenses 18782000 -20057000
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 32096000 54017000
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 32096000 54017000
17 Other comprehensive income net of taxes 1737000 190701000
18 Total Comprehensive Income for the period 33833000 244718000
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 116500000 116500000
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve 1323285000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1.38 2.32
Diluted earnings (loss) per share from continuing operations 1.38 2.32
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 1.38 2.32
Diluted earnings (loss) per share from continuing and discontinued operations 1.38 2.32
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



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 1432453000
Capital work-in-progress 3776000
Investment property 0
Goodwill 0
Other intangible assets 5480000
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 21180000
Total non-current financial assets 21180000
Deferred tax assets (net) 0
Other non-current assets 0
Total non-current assets 1462889000
2 Current assets
Inventories 1093809000
Current financial asset
Current investments 0
Trade receivables, current 486209000
Cash and cash equivalents 4259000
Bank balance other than cash and cash equivalents 1971000
Loans, current 0
Other current financial assets 3716000
Total current financial assets 496155000
Current tax assets (net) 18999000
Other current assets 452188000
Total current assets 2061151000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 3524040000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 116500000
Other equity 1323285000
Total equity attributable to owners of parent 1439785000
Non controlling interest
Total equity 1439785000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 542117000
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 0
Total non-current financial liabilities 542117000
Provisions, non-current 0
Deferred tax liabilities (net) 39064000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 581181000
Current liabilities
Current financial liabilities
Borrowings, current 1339057000
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 125974000
Total Trade payable 125974000
Other current financial liabilities 4832000
Total current financial liabilities 1469863000
Other current liabilities 33211000
Provisions, current 0
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 1503074000
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 2084255000
Total equity and liabilites 3524040000
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
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss
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 -1737000 -190701000
5 Total Other comprehensive income 1737000 190701000



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 Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 33960000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 208120000
Adjustments for decrease (increase) in inventories 89927000
Adjustments for decrease (increase) in trade receivables, current 54848000
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 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 -101591000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 199543000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 0
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 11288000
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 12462000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items -137012000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 337585000
Net cash flows from (used in) operations 371545000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) -2481000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 374026000
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 452112000
Purchase of property, plant and equipment 21498000
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 -1958000
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 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash -4434000
Net cash flows from (used in) investing activities 428138000
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 585343000
Repayments of borrowings 0
Payments of lease liabilities 0
Dividends paid 0
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 208120000
Net cash flows from (used in) financing activities 793463000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 1595627000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents -11288000
Net increase (decrease) in cash and cash equivalents 1584339000
Cash and cash equivalents cash flow statement at beginning of period 6848000
Cash and cash equivalents cash flow statement at end of period 1591187000





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 Devpura Navlakha & Co Yes 31-Mar-2027


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Damodar Industries Limited Arunkumar Biyani Director of party Interest paid 50000000 NIL 1276000 44200000 51500000
2 Damodar Industries Limited Ajay Biyani Brother of Director Interest paid 50000000 NIL 134000 57300000 0
3 Damodar Industries Limited Anil D Biyani Brother of Director Interest paid 50000000 NIL 1438000 108500000 4400000
4 Damodar Industries Limited Mamta A Biyani Director of party Interest paid 50000000 NIL 1135000 17500000 23000000
5 Damodar Industries Limited Shri Damodar Yarn Mfg Pvt Ltd Director of Conterparty is brother of the Directors of Sale of goods or services 100000000 NIL 1173000 0 0
6 Damodar Industries Limited Shri Damodar Yarn Mfg Pvt Ltd Director of Conterparty is brother of the Directors of Purchase of goods or services 100000000 NIL 141000 0 0
7 Damodar Industries Limited Damosuam carriers Private Limited Dirctors of party are also director in Counter party Any other transaction Transportation charges 6000000 NIL 149000 0 0
8 Damodar Industries Limited Suam Overseas Private Limited Directors of party are members of counterparty Sale of goods or services 5000000 NIL 2064000 0 0
9 Damodar Industries Limited Suam Overseas Private Limited Directors of party are members of counterparty Sale of fixed assets 430000000 NIL 430000000 0 0
10 Damodar Industries Limited Suam Overseas Private Limited Directors of party are members of counterparty Any other transaction RENT PAID 8000000 NIL 8000000 0 0
11 Damodar Industries Limited RRKJ WAREHOUSE LLP Designated partners of Conterparty are wives of the Any other transaction RENT PAID 1500000 NIL 1260000 0 0
12 Damodar Industries Limited CALVES N LEAVES INITIATIVES PRIVATE LIMITED Directors of party are members of counterparty Purchase of goods or services 5000000 NIL 75000 0 0
13 Damodar Industries Limited Adhy Yarn LLP Directors of party are members of counterparty Sale of goods or services 150000000 NIL 93761000 0 0
14 Damodar Industries Limited Adhy Yarn LLP Directors of party are members of counterparty Purchase of goods or services 150000000 NIL 845000 0 0
15 Damodar Industries Limited ARUNKUMAR BIYANI HUF Director of party is Karta of Counter party Interest paid 2500000 NIL 179000 3600000 3700000
16 Damodar Industries Limited Ajay D Biyani HUF Brother of Director of party is Karta of Counter party Interest paid 5000000 NIL 21000 0 0
17 Damodar Industries Limited Kanta Biyani Wife of Director Brother Interest paid 2500000 NIL 19000 0 0
18 Damodar Industries Limited ABHISHEK BIYANI Son of Director Brother Interest paid 2500000 NIL 19000 15000000 0
19 Damodar Industries Limited AKSHAY BIYANI Son of Director Brother Interest paid 2500000 NIL 40000 600000 0
20 Damodar Industries Limited MANJU BIYANI Wife of Director Interest paid 2500000 NIL 1674000 24100000 23600000
21 Damodar Industries Limited BHAWNA BIYANI Daughter in law of Director of Party Interest paid 2500000 NIL 382000 7450000 7700000
22 Damodar Industries Limited REIYA BIYANI Grand daughter of Director of Party Interest paid 2500000 NIL 69000 1300000 1400000
23 Damodar Industries Limited AMAN BIYANI Director of party Interest paid 2500000 NIL 1304000 27000000 27900000
24 Damodar Industries Limited AMAN BIYANI Director of party Remuneration 9000000 NIL 6600000 0 0
25 Damodar Industries Limited ADITYA BIYANI Director of party Interest paid 2500000 NIL 1061000 21300000 22300000
26 Damodar Industries Limited ADITYA BIYANI Director of party Remuneration 9000000 NIL 6000000 0 0
27 Damodar Industries Limited PAYAL BIYANI Daughter in law of Director of Party Interest paid 2500000 NIL 515000 10500000 9850000
28 Damodar Industries Limited KIARA BIYANI Grand daughter of Director of Party Interest paid 2500000 NIL 40000 750000 850000
29 Damodar Industries Limited YUVAN AMAN BIYANI Grand son of Director of Party Interest paid 2500000 NIL 18000 350000 400000
30 Damodar Industries Limited RISHA BIYANI Grand daughter of Director of Party Interest paid 2500000 NIL 84000 1700000 300000
31 Damodar Industries Limited AARIKA ADITYA BIYANI Grand daughter of Director of Party Interest paid 2500000 NIL 13000 250000 300000
32 Damodar Industries Limited DAMODARLAL BIYANI HUF Director of party is Karta of Counter party Interest paid 2500000 NIL 7000 0 200000
33 Damodar Industries Limited INDRAJIT KANASE Company Secretray Remuneration 600000 NIL 409000 0 0
34 Damodar Industries Limited SHEETAL PRASHAD SINGHAL Chief Financial Officer Remuneration 600000 NIL 397000 0 0
35 Damodar Industries Limited Arunkumar Biyani Director of party Remuneration 4200000 NIL 4200000 0 0
36 Damodar Industries Limited Ajay Biyani Brother Director of party Remuneration 4200000 NIL 1120000 0 0
37 Damodar Industries Limited Anil D Biyani Brother Director of party Remuneration 4200000 NIL 1120000 0 0
Total value of transaction during the reporting period 566742000