Integrated Filing — IndAS



General information about company
Scrip Code 526817
NSE Symbol CHEVIOT
MSEI Symbol NOTLISTED
ISIN INE974B01016
Name of company CHEVIOT COMPANY 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 Manufacturing and Sale of Jute Goods
Start date and time of board meeting 26-May-2025   15:00:00
End date and time of board meeting 26-May-2025   16:30:00
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 2025-02-13
Indicate Company website link for updated RPT policy of the Company https://www.cheviotgroup.com/investors/
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
There has been no default on loans and debt securities by the Company.



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 1337870000 4394261000
Other income -55327000 290194000
Total income 1282543000 4684455000
2 Expenses
(a) Cost of materials consumed 674766000 2331939000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 34106000 -42473000
(d) Employee benefit expense 203863000 729232000
(e) Finance costs 984000 3345000
(f) Depreciation, depletion and amortisation expense 17288000 66692000
(f) Other Expenses
1 Other expenses 219306000 844683000
Total other expenses 219306000 844683000
Total expenses 1150313000 3933418000
3 Total profit before exceptional items and tax 132230000 751037000
4 Exceptional items 0 0
5 Total profit before tax 132230000 751037000
6 Tax expense
7 Current tax 56127000 153927000
8 Deferred tax -16963000 19691000
9 Total tax expenses 39164000 173618000
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 93066000 577419000
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 93066000 577419000
17 Other comprehensive income net of taxes 107950000 92253000
18 Total Comprehensive Income for the period 201016000 669672000
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 58419000 58419000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 5346728000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 15.81 98.08
Diluted earnings (loss) per share from continuing operations 15.81 98.08
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 15.81 98.08
Diluted earnings (loss) per share from continuing and discontinued operations 15.81 98.08
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 above audited financial results were reviewed by the Audit committee and approved by the Board of Directors at their meetings held on 24th May, 2025 and 26th May, 2025 respectively. n n2. The Board of Directors have recommended a dividend of Rs. 5/- per ordinary share on 58,41,875 ordinary shares of face value of Rs. 10/- each (50%) amounting to Rs. 292.09 Lakhs for the year ended 31st March, 2025, subject to approval of the members at the ensuing annual general meeting of the Company. n n3. As the Company's business activity falls within a single significant primary business segment i.e. Jute Goods, no separate segment information is disclosed. n n4. Figures for the quarter ended 31st March, 2025 and 31st March, 2024 are the balancing figures between audited figures in respect of the full financial year and the published unaudited year to date figures upto the nine months ended of the respective financial years which were subject to limited review by the Statutory Auditors. n n5. Other income for the quarter ended 31st March 2025 and 31st December, 2024 was negative primarily due to loss on fair valuation of investments measured at Fair Value through Profit and Loss (FVTPL). n n6. Other comprehensive income for the quarter and year ended 31st March, 2025 includes Rs. 1,031.79 Lakhs (net of tax) on account of changes in revaluation surplus due to further revaluation of Freehold Land as at 31st March, 2025, as per valuation report given by an independent registered valuer. n n7. The Company has no subsidiary, associate or joint venture as on 31st March, 2025.



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 2237210000
Capital work-in-progress 82797000
Investment property 0
Goodwill 0
Other intangible assets 762000
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 2781306000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 1295000
Total non-current financial assets 2782601000
Deferred tax assets (net) 0
Other non-current assets 24500000
Total non-current assets 5127870000
2 Current assets
Inventories 1229580000
Current financial asset
Current investments 326670000
Trade receivables, current 279793000
Cash and cash equivalents 95029000
Bank balance other than cash and cash equivalents 17748000
Loans, current 0
Other current financial assets 25321000
Total current financial assets 744561000
Current tax assets (net) 0
Other current assets 30731000
Total current assets 2004872000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 7132742000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 58454000
Other equity 6451003000
Total equity attributable to owners of parent 6509457000
Non controlling interest
Total equity 6509457000
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 13350000
Total non-current financial liabilities 13350000
Provisions, non-current 5753000
Deferred tax liabilities (net) 251033000
Deferred government grants, Non-current 0
Other non-current liabilities 1181000
Total non-current liabilities 271317000
Current liabilities
Current financial liabilities
Borrowings, current 50280000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 480000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 76523000
Total Trade payable 77003000
Other current financial liabilities 131454000
Total current financial liabilities 258737000
Other current liabilities 57631000
Provisions, current 34295000
Current tax liabilities (Net) 1305000
Deferred government grants, Current 0
Total current liabilities 351968000
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 623285000
Total equity and liabilites 7132742000
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 Textual Information(2)



Text Block
Textual Information(2) As the Company's business activity falls within a single significant primary business segment i.e. Jute Goods, no separate segment information is disclosed.



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 profit and loss 125567000 194549000
Total Amount of items that will not be reclassified to profit and loss 125567000 194549000
2 Income tax relating to items that will not be reclassified to profit or loss 17617000 102296000
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 107950000 92253000



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 751037000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 3345000
Adjustments for decrease (increase) in inventories -163167000
Adjustments for decrease (increase) in trade receivables, current 19936000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 11706000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 18983000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -27773000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 8688000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 66692000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 16430000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current -7565000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 593000
Adjustments for dividend income 300000
Adjustments for interest income 28193000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) -153690000
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 -104307000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -338622000
Net cash flows from (used in) operations 412415000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 150730000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 261685000
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 2437148000
Other cash payments to acquire equity or debt instruments of other entities 2018358000
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 2934000
Purchase of property, plant and equipment 172028000
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 269000
Interest received 34542000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities 284507000
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 315000000
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 37390000
Payments of lease liabilities 4377000
Dividends paid 30084000
Interest paid 3459000
Income taxes paid (refund) 72975000
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -463285000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 82907000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents -220000
Net increase (decrease) in cash and cash equivalents 82687000
Cash and cash equivalents cash flow statement at beginning of period 12342000
Cash and cash equivalents cash flow statement at end of period 95029000





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 Singhi & Co. Yes 31-Aug-2025


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 CHEVIOT COMPANY LIMITED HARSH INVESTMENTS PRIVATE LIMITED Holding Company Any other transaction Rendering of services - Use of common facilities at office 48000 Prior Approval from Audit Committee 24000 0 0
2 CHEVIOT COMPANY LIMITED CHEVIOT AGRO INDUSTRIES PRIVATE LIMITED Entities over which Key Management Personnel & relatives of Key Management Personnel have control / significant influence Any other transaction Rendering of services - Use of common facilities at office 12000 Prior Approval from Audit Committee 6000 0 0
3 CHEVIOT COMPANY LIMITED ELITE (INDIA) PRIVATE LIMITED Entities over which Key Management Personnel & relatives of Key Management Personnel have control / significant influence Any other transaction Rendering of services - Use of common facilities at office 6000 Prior Approval from Audit Committee 6000 0 0
4 CHEVIOT COMPANY LIMITED MR. HARSH VARDHAN KANORIA Promoter and Director Remuneration 24644000 NA 16404000 6100000 20700000
5 CHEVIOT COMPANY LIMITED MR. UTKARSH KANORIA Promoter and Director Remuneration 24355000 NA 16478000 6050000 20700000
6 CHEVIOT COMPANY LIMITED MR. ABHISHEK MURARKA Director Remuneration 0 NA 3122000 650000 1850000
7 CHEVIOT COMPANY LIMITED MR. SIDDHARTH JHAJHARIA Director Remuneration 0 NA 370000 350000 630000
8 CHEVIOT COMPANY LIMITED MR. DEO KISHAN MOHTA Director Remuneration 0 NA 370000 350000 630000
9 CHEVIOT COMPANY LIMITED MRS. RASHMI PRASHAD Director Remuneration 0 NA 360000 350000 630000
10 CHEVIOT COMPANY LIMITED MR. SUTIRTHA BHATTACHARYA Director Remuneration 0 NA 370000 350000 630000
11 CHEVIOT COMPANY LIMITED MRS. MALATI KANORIA Promoter and Director Remuneration 730000 NA 360000 350000 630000
12 CHEVIOT COMPANY LIMITED SALARPURIA JAJODIA & CO. Entities over which Key Management Personnel & relatives of Key Management Personnel have control / significant influence Purchase of goods or services 0 NA 12000 0 0
13 CHEVIOT COMPANY LIMITED CHEVIOT COMPANY LIMITED EMPLOYEES PROVIDENT FUND Post-Employment Benefit Plan Entity Any other transaction Contributions made to Recognised Provident Fund Trust 0 NA 8743000 4554000 0
14 CHEVIOT COMPANY LIMITED MR. ABHISHEK MURARKA Director Any other transaction Deposit refund 0 NA 630000 0 0
Total value of transaction during the reporting period 47255000