Integrated Filing — IndAS



General information about company
Scrip Code 544278
NSE Symbol OCCLLTD
MSEI Symbol NOTLISTED
ISIN INE0PK601023
Name of company OCCL 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 27-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 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 Chemicals
Start date and time of board meeting 27-May-2025   13:35:00
End date and time of board meeting 27-May-2025   15:25:00
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 2025-05-27
Indicate Company website link for updated RPT policy of the Company www.occlindia.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
No default



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 1074791000 3067335000
Other income 9809000 20734000
Total income 1084600000 3088069000
2 Expenses
(a) Cost of materials consumed 434254000 1172899000
(b) Purchases of stock-in-trade 0 8280000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -3586000 -20822000
(d) Employee benefit expense 139519000 387450000
(e) Finance costs 13182000 54774000
(f) Depreciation, depletion and amortisation expense 69536000 209349000
(f) Other Expenses
1 Freight and forwarding 84034000 312185000
2 Other expenses 233775000 677961000
Total other expenses 317809000 990146000
Total expenses 970714000 2802076000
3 Total profit before exceptional items and tax 113886000 285993000
4 Exceptional items 0 0
5 Total profit before tax 113886000 285993000
6 Tax expense
7 Current tax 20009000 49790000
8 Deferred tax 6885000 22036000
9 Total tax expenses 26894000 71826000
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 86992000 214167000
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 86992000 214167000
17 Other comprehensive income net of taxes 344000 344000
18 Total Comprehensive Income for the period 87336000 214511000
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 99901000 99901000
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 3863230000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1.74 4.29
Diluted earnings (loss) per share from continuing operations 1.74 4.29
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 1.74 4.29
Diluted earnings (loss) per share from continuing and discontinued operations 1.74 4.29
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.These financial results of the Company have been prepared in accordance with the Indian Accounting Standards as notified by Ministry of Corporate Affairs pursuant to Section 133 of the Companies Act 2013 read with the Companies Indian Accounting Standard Rules 2015 as amended and in terms of regulation 33 of the SEBI LODR 2015 and other accounting principles generally accepted in India. n2.The Company operates in single business segment i.e. Chemicals hence there are no reportable segments as per Ind AS 108 Operating Segments. n3.The figures of last quarter are the balancing figures between audited figures in respect of full financial year and the published unaudited year to date figures up to third quarter of the financial year. Also, the figures of the last quarter of the previous period are the balancing figures between audited figures in respect of the full financial year and the management certified year to date figures up to the third quarter of the previous financial year which were not subjected to audit or limited review. n4.The Honble National Company Law Tribunal, Ahmedabad Bench, and the National Company Law Appellate Tribunal, New Delhi, through their orders dated April 10, 2024 and May 27, 2024, respectively, approved the Scheme of Arrangement under Sections 230 to 232 of the Companies Act, 2013, between Oriental Carbon and Chemicals Limited Demerged Company, the Company, and their respective shareholders and creditors. As per the Scheme, the Chemical business of the Demerged Company was transferred to the Company on a going concern basis. This Scheme has been accounted for based on the appointed date, as defined in the Scheme i.e., July 1, 2024 being the date of filing the certified copy of the Scheme with the Registrar of Companies, which serves as the acquisition date for the accounting of business combinations under common control as per Ind AS 103,Business Combinations,and the General Circular issued by the Ministry of Corporate Affairs on August 21, 2019, which mandates accounting treatment from the appointed date. As consideration for the demerger, the Company has issued 4,99,50,460 equity shares of Rs. 2 each, aggregating Rs. 999.01 lakhs, to the shareholders of the Demerged Company as of the record date i.e. July 1, 2024, in a 1 is to 1 swap ratio. This involves issuing 5 equity shares of Rs. 2 each by the Company for every 1 equity share of Rs. 10 each held in the Demerged Company. The Companys Equity Shares have been listed on Bombay Stock Exchange and National Stock Exchange of India as required by the Scheme with effect from October 29, 2024. nOther expenses for the current quarter and for the year include Rs. 346.78 lakhs and Rs. 390.35 lakhs respectively, incurred in connection with the implementation of the above Scheme of Arrangement. n5.Since, the Company has accounted for the demerger w.e.f. appointed date i.e. July 01, 2024 Refer Note No. 4 above, therefore the current quarter and year ended results are not comparable with corresponding periods, since the Company did not have operation till June 30, 2024. n6.Earnings per share Basic and Diluted for the period presented in the financial results are calculated retrospectively after considering the issuance of equity shares, as stated in note 4 above. n7.As on March 31, 2025, one entity is considered an associate of the Company as defined by section 2 clause 6 of the Companies Act,2013. However, there are no subsidiaries, joint ventures, or associates in accordance with Ind AS 28, therefore the Company is not required to prepare consolidated financial results. n8.A final dividend of Rs.1.5 i.e.75% per equity share for financial year 2024 25 is recommended by the Board of Directors, subject to the approval of the shareholders in the ensuing Annual General Meeting. n9.The above results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meeting held on May 27, 2025. An Audit of this Financial Results for the quarter and year ended March 31, 2025 has been carried out by the Statutory Auditors, as required under Regulation 33 of the SEBI LODR, 2015. 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 Standalone
Assets
1 Non-current assets
Property, plant and equipment 3784271000
Capital work-in-progress 27484000
Investment property 0
Goodwill 0
Other intangible assets 4522000
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 12480000
Trade receivables, non-current 0
Loans, non-current 7452000
Other non-current financial assets 71025000
Total non-current financial assets 90957000
Deferred tax assets (net) 0
Other non-current assets 7031000
Total non-current assets 3914265000
2 Current assets
Inventories 598893000
Current financial asset
Current investments 101352000
Trade receivables, current 649233000
Cash and cash equivalents 2136000
Bank balance other than cash and cash equivalents 0
Loans, current 11026000
Other current financial assets 24000
Total current financial assets 763771000
Current tax assets (net) 0
Other current assets 66254000
Total current assets 1428918000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 5343183000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 99901000
Other equity 3863230000
Total equity attributable to owners of parent 3963131000
Non controlling interest
Total equity 3963131000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 189963000
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 54356000
Total non-current financial liabilities 244319000
Provisions, non-current 22583000
Deferred tax liabilities (net) 349708000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 616610000
Current liabilities
Current financial liabilities
Borrowings, current 374496000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 26445000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 208670000
Total Trade payable 235115000
Other current financial liabilities 96586000
Total current financial liabilities 706197000
Other current liabilities 42766000
Provisions, current 10911000
Current tax liabilities (Net) 3568000
Deferred government grants, Current 0
Total current liabilities 763442000
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 1380052000
Total equity and liabilites 5343183000
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
1 Remeasurement gain or (loss) on Defined Benefit Plans 485000 485000
Total Amount of items that will not be reclassified to profit and loss 485000 485000
2 Income tax relating to items that will not be reclassified to profit or loss 141000 141000
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
5 Total Other comprehensive income 344000 344000



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 285993000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 54774000
Adjustments for decrease (increase) in inventories -55890000
Adjustments for decrease (increase) in trade receivables, current 133906000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -1128000
Adjustments for decrease (increase) in other non-current assets 670000
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 120272000
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 209349000
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 2714000
Adjustments for dividend income 0
Adjustments for interest income 3325000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) -1265000
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 -500000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 459577000
Net cash flows from (used in) operations 745570000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 46222000
Other inflows (outflows) of cash -1504000
Net cash flows from (used in) operating activities 697844000
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 8838000
Purchase of property, plant and equipment 132013000
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 0
Interest received 1035000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -139069000
Net cash flows from (used in) investing activities -261209000
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 0
Repayments of borrowings 688702000
Payments of lease liabilities 0
Dividends paid 0
Interest paid 51714000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 305259000
Net cash flows from (used in) financing activities -435157000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 1478000
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 1478000
Cash and cash equivalents cash flow statement at beginning of period 657000
Cash and cash equivalents cash flow statement at end of period 2135000





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 and 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 OCCL Limited Duncan International India Limited Enterprise over which relative of key management personnel is having significant influence Any other transaction Service charges paid 3600000 Omnibus approval by Audit Committee 2300000 0 0
2 OCCL Limited Duncan International India Limited Enterprise over which relative of key management personnel is having significant influence Any other transaction Expenses Reimbursed Recovered Net 600000 Omnibus approval by Audit Committee -24000 5000 0
3 OCCL Limited New India Investment Corporation Limited Enterprise over which key management personnel is having significant influence Any other transaction Service charges paid 2400000 Omnibus approval by Audit Committee 1700000 0 0
4 OCCL Limited Cosmopolitan Investments Private Limited Enterprise over which key management personnel is having significant influence Any other transaction Expenses Reimbursed Recovered Net 30000 Omnibus approval by Audit Committee -12000 0 0
5 OCCL Limited Duncan Engineering Limited Enterprise over which key management personnel is having significant influence Purchase of goods or services 3500000 Omnibus approval by Audit Committee 1532000 0 0
6 OCCL Limited Oriental Carbon and Chemicals Limited Enterprise over which key management personnel is having significant influence Any other transaction Rent paid 13710000 Omnibus approval by Audit Committee 9120000 0 0
7 OCCL Limited Oriental Carbon and Chemicals Limited Enterprise over which key management personnel is having significant influence Any other transaction Security Deposits for one month rent No such remark 1520000 0 0
8 OCCL Limited Arvind Goenka Managing Director with effect from 01.07.2024 Non Executive Director upto 30.06.2024 Remuneration No such remark 12465000 611000 5658000
9 OCCL Limited Akshat Goenka Joint Managing Director with effect from 01.07.2024 Non Executive Director upto 30.06.2024 Remuneration No such remark 12789000 520000 6521000
10 OCCL Limited Suman Jyoti Khaitan Independent Director Any other transaction Commision and Sitting Fees No such remark 735000 0 450000
11 OCCL Limited Runa Mukherjee Independent Director Any other transaction Commision and Sitting Fees No such remark 720000 0 450000
12 OCCL Limited HS Shashikumar Independent Director Any other transaction Commision and Sitting Fees No such remark 650000 0 450000
13 OCCL Limited Nitin Kaul Independent Director Any other transaction Commision and Sitting Fees No such remark 720000 0 450000
14 OCCL Limited Oriental Carbon and Chemicals Limited Employees Gratuity Fund Trust in which key management personnel are Trustees Any other transaction Contribution to Gratuity Fund No such remark 0 1839000 2634000
15 OCCL Limited Anurag Jain Chief Financial Officer with effect from 01.07.2024 Remuneration No such remark 8479000 1803000 3256000
16 OCCL Limited Pranab Kumar Maity Company Secretary with effect from 01.07.2024 Remuneration No such remark 2839000 426000 767000
17 OCCL Limited Oriental Carbon and Chemicals Limited Enterprise over which key management personnel is having significant influence Any other transaction Expenses Reimbursed Recovered Net No such remark 359000 0 0
Total value of transaction during the reporting period 55892000