Integrated Filing — IndAS



General information about company
Scrip Code 590021
NSE Symbol BHARATRAS
MSEI Symbol NOTLISTED
ISIN INE838B01013
Name of company BHARAT RASAYAN 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 28-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 08-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment The Company operates only in one business segment viz. pesticides, hence segment wise reporting is not applicable.
Start date and time of board meeting 28-May-2025   14:30:00
End date and time of board meeting 28-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



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 3065300000 11730000000
Other income 61100000 260200000
Total income 3126400000 11990200000
2 Expenses
(a) Cost of materials consumed 2080400000 8245400000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -17600000 -475800000
(d) Employee benefit expense 227100000 853700000
(e) Finance costs 12100000 47200000
(f) Depreciation, depletion and amortisation expense 71900000 269900000
(f) Other Expenses
1 Other Expenses 373500000 1357900000
Total other expenses 373500000 1357900000
Total expenses 2747400000 10298300000
3 Total profit before exceptional items and tax 379000000 1691900000
4 Exceptional items 0 0
5 Total profit before tax 379000000 1691900000
6 Tax expense
7 Current tax 86900000 397400000
8 Deferred tax 7500000 43500000
9 Total tax expenses 94400000 440900000
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 284600000 1251000000
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 -33300000 158200000
16 Total profit (loss) for period 251300000 1409200000
17 Other comprehensive income net of taxes 3200000 1100000
18 Total Comprehensive Income for the period 254500000 1410300000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0 0
Total profit or loss, attributable to non-controlling interests 0 0
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0 0
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0 0
21 Details of equity share capital
Paid-up equity share capital 41552000 41552000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 11257505000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 60.48 339.14
Diluted earnings (loss) per share from continuing operations 60.48 339.14
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 60.48 339.14
Diluted earnings (loss) per share from continuing and discontinued operations 60.48 339.14
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1) The above Consolidated financial results including Audited Results of the Company and Un-Audited figures of JV Company namely M/s. Nissan Bharat Rasayan Pvt. Limited, for the quarter and year ended March 31, 2025 have been reviewed by the Audit Committee and approved by the Board of Directors in its meeting held on May 28, 2025. The Statutory Auditors have expressed an un-modified opinion. The Consolidated Financial Results will be available at the Website of the Company (www.bharatgroup.co.in) and National Stock Exchange of India Limited (www.nseindia.com) where the Company shares are listed. 2) The financial results of the Company have been prepared in accordance with Indian Accounting Standards (Ind-AS) prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standard) Rules, 2015, as amended from time to time. 3) Corresponding quarter and financial year figures have been regrouped wherever considered necessary. 4) The Company operates only in one business segment viz. pesticides, hence segment wise reporting is not applicable. 5) The figures of quarter ended 31.03.2025 are the balancing figures between audited figures in respect of full financial year ended 31.03.2025 and the published year to date figures upto third quarter ended 31.12.2024. 6) The amount disclosed under Short-Term Borrowings pertains to temporary bank facilities availed solely for structured banking obligations. 7) Nissan Bharat Rasayan Pvt. Limited reported Total Revenue of Rs. 373.15 Crore for the period ended 31st March 2025. The Net Profit after tax stood at Rs. 52.73 Crore, after accounting for an Foreign Exchange Loss of Rs. 13.68 Crore, reflecting the impact of currency fluctuations. 8) With respect to fire occured on 17th May, 2022, the insurance claim pertaining to material damage in Block-D of the Dahej Plant is under process, and the final claim bill is being prepared for submission to the Insurance Company/Surveyor for further processing. Additionally, the insurance claim for Loss of Profit (FLOP) will be recognised by the Company on a receipt basis. 9) The Company is continued to maintain CARE AA- (AA Minus) for Long Term Facilities and CARE A1+ (A One Plus) for Short Term Facilities. 10) The performance of the Company is highly dependent on monsoon and other climatic conditions due to the seasonal nature of the products of the Company. 11) The Company has designated an Email-ID viz. investors.brl@bharatgroup.co.in exclusively for the purpose of registering complaints by investors and for the redressal of investors grievance.



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 2294213000
Capital work-in-progress 152639000
Investment property 0
Goodwill 0
Other intangible assets 805000
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 683776000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 20235000
Total non-current financial assets 704011000
Deferred tax assets (net) 0
Other non-current assets 1505000
Total non-current assets 3153173000
2 Current assets
Inventories 2903599000
Current financial asset
Current investments 2300990000
Trade receivables, current 4192328000
Cash and cash equivalents 554137000
Bank balance other than cash and cash equivalents 2728000
Loans, current 0
Other current financial assets 4093000
Total current financial assets 7054276000
Current tax assets (net) 0
Other current assets 970395000
Total current assets 10928270000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 14081443000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 41552000
Other equity 11258440000
Total equity attributable to owners of parent 11299992000
Non controlling interest 0
Total equity 11299992000
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 0
Total non-current financial liabilities 0
Provisions, non-current 20030000
Deferred tax liabilities (net) 152662000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 172692000
Current liabilities
Current financial liabilities
Borrowings, current 852192000
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 1421200000
Total Trade payable 1421200000
Other current financial liabilities 236584000
Total current financial liabilities 2509976000
Other current liabilities 84491000
Provisions, current 4401000
Current tax liabilities (Net) 9891000
Deferred government grants, Current 0
Total current liabilities 2608759000
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 2781451000
Total equity and liabilites 14081443000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
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 -3200000 -1100000
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 3200000 1100000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1691900000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0
Adjustments for decrease (increase) in inventories -237225000
Adjustments for decrease (increase) in trade receivables, current -255689000
Adjustments for decrease (increase) in trade receivables, non-current 75905000
Adjustments for decrease (increase) in other current assets 0
Adjustments for decrease (increase) in other non-current assets 12141000
Adjustments for other financial assets, non-current -347000
Adjustments for other financial assets, current 230000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 692902000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 60354000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 269902000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current -252000
Adjustments for provisions, non-current 4062000
Adjustments for other financial liabilities, current -172066000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains -84931000
Adjustments for dividend income 0
Adjustments for interest income 7463000
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) -452000
Other adjustments for non-cash items 1079000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 358150000
Net cash flows from (used in) operations 2050050000
Dividends received 0
Interest paid -47155000
Interest received 0
Income taxes paid (refund) 377074000
Other inflows (outflows) of cash 19000
Net cash flows from (used in) operating activities 1720150000
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 3125000
Purchase of property, plant and equipment 356879000
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 4225000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -1219829000
Net cash flows from (used in) investing activities -1569358000
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 -47453000
Payments of lease liabilities 0
Dividends paid 6233000
Interest paid 47155000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -5935000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 144857000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 84931000
Net increase (decrease) in cash and cash equivalents 229788000
Cash and cash equivalents cash flow statement at beginning of period 324349000
Cash and cash equivalents cash flow statement at end of period 554137000





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 B K GOEL AND ASSOCIATES Yes 31-Dec-2026