Integrated Filing — IndAS



General information about company
Scrip Code 519156
NSE Symbol VADILALIND
MSEI Symbol NOTLISTED
ISIN INE694D01016
Name of company VADILAL 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 20-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 Unaudited
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 Food Segment
Start date and time of board meeting 26-May-2025   13:00:00
End date and time of board meeting 26-May-2025   16:15:00
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 Yes
(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 2024-11-24
Indicate Company website link for updated RPT policy of the Company www.vadilalgroup.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
There is no default on loan



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 Unaudited 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 2316400000 10113300000
Other income 37700000 172600000
Total income 2354100000 10285900000
2 Expenses
(a) Cost of materials consumed 1600000000 5844400000
(b) Purchases of stock-in-trade 39100000 125300000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -350000000 -302300000
(d) Employee benefit expense 180900000 744100000
(e) Finance costs 22100000 83000000
(f) Depreciation, depletion and amortisation expense 65500000 255900000
(f) Other Expenses
1 Other Expenses 539200000 2005600000
Total other expenses 539200000 2005600000
Total expenses 2096800000 8756000000
3 Total profit before exceptional items and tax 257300000 1529900000
4 Exceptional items 0 0
5 Total profit before tax 257300000 1529900000
6 Tax expense
7 Current tax 63400000 383700000
8 Deferred tax 3300000 7400000
9 Total tax expenses 66700000 391100000
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 190600000 1138800000
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 190600000 1138800000
17 Other comprehensive income net of taxes -3500000 -4400000
18 Total Comprehensive Income for the period 187100000 1134400000
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 71900000 71900000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 4125300000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 26.52 158.43
Diluted earnings (loss) per share from continuing operations 26.52 158.43
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 26.52 158.43
Diluted earnings (loss) per share from continuing and discontinued operations 26.52 158.43
24 Debt equity ratio 0.0016 0.0029
25 Debt service coverage ratio 0.0734 0.0382
26 Interest service coverage ratio 0.0474 0.0441
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 3186500000
Capital work-in-progress 77600000
Investment property 1700000
Goodwill 0
Other intangible assets 6100000
Intangible assets under development
Biological assets other than bearer plants 237900000
Investments accounted for using equity method
Non-current financial assets
Non-current investments 79400000
Trade receivables, non-current
Loans, non-current 11600000
Other non-current financial assets 84300000
Total non-current financial assets 175300000
Deferred tax assets (net) 8500000
Other non-current assets 88800000
Total non-current assets 3782400000
2 Current assets
Inventories 2352700000
Current financial asset
Current investments 300000
Trade receivables, current 1124400000
Cash and cash equivalents 18300000
Bank balance other than cash and cash equivalents 41200000
Loans, current 5400000
Other current financial assets 700000
Total current financial assets 1190300000
Current tax assets (net) 0
Other current assets 249200000
Total current assets 3792200000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 7574600000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 71900000
Other equity 4877700000
Total equity attributable to owners of parent 4949600000
Non controlling interest
Total equity 4949600000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 429100000
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 151000000
Total non-current financial liabilities 580100000
Provisions, non-current 0
Deferred tax liabilities (net) 197800000
Deferred government grants, Non-current 0
Other non-current liabilities 68200000
Total non-current liabilities 846100000
Current liabilities
Current financial liabilities
Borrowings, current 347600000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 71200000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1129800000
Total Trade payable 1201000000
Other current financial liabilities 26600000
Total current financial liabilities 1575200000
Other current liabilities 172900000
Provisions, current 28500000
Current tax liabilities (Net) 2300000
Deferred government grants, Current 0
Total current liabilities 1778900000
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 2625000000
Total equity and liabilites 7574600000
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 Unaudited 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 Unaudited 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 3500000 4400000
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 -3500000 -4400000



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 1529900000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 83000000
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables, current 0
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 5200000
Adjustments for decrease (increase) in other non-current assets -29000000
Adjustments for other financial assets, non-current -10600000
Adjustments for other financial assets, current 100000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 0
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 255900000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current -9500000
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 6600000
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 0
Other adjustments to reconcile profit (loss) 700000
Other adjustments for non-cash items 600000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships -1600000
Total adjustments for reconcile profit (loss) 288200000
Net cash flows from (used in) operations 1818100000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash -1041100000
Net cash flows from (used in) operating activities 777000000
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 -351100000
Purchase of property, plant and equipment 0
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 45900000
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 11100000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities -294100000
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 221300000
Repayments of borrowings 564400000
Payments of lease liabilities 21900000
Dividends paid 10800000
Interest paid 94900000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -470700000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 12200000
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 12200000
Cash and cash equivalents cash flow statement at beginning of period 6100000
Cash and cash equivalents cash flow statement at end of period 18300000





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 Arpit Patel & Associates Yes 31-Jul-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 VADILAL INDUSTRIES LIMITED VADILAL ENTERPRISES LIMITED ENTERPRISE OVER WHICH KEY MANAGERIAL PERSONNEL ARE ABLE TO EXERCISE SIGNIFICANT INFLUENCE Sale of goods or services 2838000000 NA 2838000000 0 0 Any other 0 0 0
2 VADILAL INDUSTRIES LIMITED VADILAL ENTERPRISES LIMITED ENTERPRISE OVER WHICH KEY MANAGERIAL PERSONNEL ARE ABLE TO EXERCISE SIGNIFICANT INFLUENCE Sale of fixed assets 9000000 NA 9000000 0 0 Any other 0 0 0
3 VADILAL INDUSTRIES LIMITED VADILAL ENTERPRISES LIMITED ENTERPRISE OVER WHICH KEY MANAGERIAL PERSONNEL ARE ABLE TO EXERCISE SIGNIFICANT INFLUENCE Any other transaction Other Transaction 5600000 NA 5600000 0 0 Any other 0 0 0
4 VADILAL INDUSTRIES LIMITED VADILAL ENTERPRISES LIMITED ENTERPRISE OVER WHICH KEY MANAGERIAL PERSONNEL ARE ABLE TO EXERCISE SIGNIFICANT INFLUENCE Any other transaction Other Transaction 4300000 NA 4300000 0 0 Any other 0 0 0
5 VADILAL INDUSTRIES LIMITED VADILAL INDUSRIES USA (INC) SUBSIDIARY Sale of goods or services 565500000 NA 565500000 0 0 Any other 0 0 0
6 VADILAL INDUSTRIES LIMITED VADILAL INDUSRIES USA (INC) SUBSIDIARY Any other transaction Other Transaction 17300000 NA 17300000 0 0 Any other 0 0 0
7 VADILAL INDUSTRIES LIMITED VADILAL INDUSRIES USA (INC) SUBSIDIARY Any other transaction Other Transaction 24100000 NA 24100000 0 0 Any other 0 0 0
8 VADILAL INDUSTRIES LIMITED VADILAL INDUSRIES USA (INC) SUBSIDIARY Sale of fixed assets 0 NA 0 0 0 Any other 0 0 0
9 VADILAL INDUSTRIES LIMITED VADILAL INDUSRIES USA (INC) SUBSIDIARY Purchase of fixed assets 6500000 NA 6500000 0 0 Any other 0 0 0
10 VADILAL INDUSTRIES LIMITED VADILAL INDUSTRIES PTY SUBSIDIARY Sale of goods or services 83700000 NA 83700000 0 0 Any other 0 0 0
11 VADILAL INDUSTRIES LIMITED VADILAL CHEMICALS LIMITED ENTERPRISE OVER WHICH KEY MANAGERIAL PERSONNEL ARE ABLE TO EXERCISE SIGNIFICANT INFLUENCE Purchase of goods or services 1200000 NA 1200000 0 0 Any other 0 0 0
12 VADILAL INDUSTRIES LIMITED VADILAL CHEMICALS LIMITED ENTERPRISE OVER WHICH KEY MANAGERIAL PERSONNEL ARE ABLE TO EXERCISE SIGNIFICANT INFLUENCE Any other transaction Other Transaction 1300000 NA 1300000 0 0 Any other 0 0 0
13 VADILAL INDUSTRIES LIMITED VADILAL GASES LIMITED ENTERPRISE OVER WHICH KEY MANAGERIAL PERSONNEL ARE ABLE TO EXERCISE SIGNIFICANT INFLUENCE Any other transaction Other Transaction 100000 NA 100000 0 0 Any other 0 0 0
14 VADILAL INDUSTRIES LIMITED VADILAL INTERNATIONAL PRIVATE LIMITED ENTERPRISE OVER WHICH KEY MANAGERIAL PERSONNEL ARE ABLE TO EXERCISE SIGNIFICANT INFLUENCE Purchase of goods or services 4500000 NA 4500000 0 0 Any other 0 0 0
15 VADILAL INDUSTRIES LIMITED AMBICA ICE & COLD STORAGE CO (FORMERLY KNOWN AS VADILAL COLD STORAGE) CONTROL EXISTS Any other transaction Other Transaction -1200000 NA -1200000 0 0 Any other 0 0 0
16 VADILAL INDUSTRIES LIMITED AMBICA ICE & COLD STORAGE CO (FORMERLY KNOWN AS VADILAL COLD STORAGE) CONTROL EXISTS Purchase of goods or services 4900000 NA 4900000 0 0 Any other 0 0 0
17 VADILAL INDUSTRIES LIMITED AMBICA ICE & COLD STORAGE CO (FORMERLY KNOWN AS VADILAL COLD STORAGE) CONTROL EXISTS Sale of fixed assets 1100000 NA 1100000 0 0 Any other 0 0 0
18 VADILAL INDUSTRIES LIMITED AMBICA ICE & COLD STORAGE CO (FORMERLY KNOWN AS VADILAL COLD STORAGE) CONTROL EXISTS Interest received 200000 NA 200000 0 0 Any other 0 0 0
19 VADILAL INDUSTRIES LIMITED AMBICA ICE & COLD STORAGE CO (FORMERLY KNOWN AS VADILAL COLD STORAGE) CONTROL EXISTS Any other transaction Other Transaction 10000000 NA 10000000 0 0 Any other 0 0 0
20 VADILAL INDUSTRIES LIMITED AMBICA ICE & COLD STORAGE CO (FORMERLY KNOWN AS VADILAL COLD STORAGE) CONTROL EXISTS Any other transaction Other Transaction 300000 NA 300000 0 0 Any other 0 0 0
21 VADILAL INDUSTRIES LIMITED RAJESH R GANDHI KEY MANAGERIAL PERSONNEL Remuneration 19400000 NA 19400000 0 0 Any other 0 0 0
22 VADILAL INDUSTRIES LIMITED DEVANSHU L GANDHI KEY MANAGERIAL PERSONNEL Remuneration 19400000 NA 19400000 0 0 Any other 0 0 0
23 VADILAL INDUSTRIES LIMITED MAMTA R GANDHI KEY MANAGERIAL PERSONNEL Remuneration 400000 NA 400000 0 0 Any other 0 0 0
24 VADILAL INDUSTRIES LIMITED KALPIT R GANDHI KEY MANAGERIAL PERSONNEL Remuneration 2100000 NA 2100000 0 0 Any other 0 0 0
25 VADILAL INDUSTRIES LIMITED DEVAL D GANDHI KEY MANAGERIAL PERSONNEL Remuneration 400000 NA 400000 0 0 Any other 0 0 0
26 VADILAL INDUSTRIES LIMITED RASHMI BHATT KEY MANAGERIAL PERSONNEL Remuneration 1400000 NA 1400000 0 0 Any other 0 0 0
Total value of transaction during the reporting period 3619500000