Integrated Filing — IndAS



General information about company
Scrip Code 531109
NSE Symbol ISHANCH
MSEI Symbol NOTLISTED
ISIN INE561M01018
Name of company ISHAN DYES AND CHEMICALS 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 12-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 28-May-2025   18:00:00
End date and time of board meeting 28-May-2025   19:15:00
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 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 2025-05-28
Indicate Company website link for updated RPT policy of the Company www.ishandyes.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
NA



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 167311000 1014696000
Other income 7801000 29989000
Total income 175112000 1044685000
2 Expenses
(a) Cost of materials consumed 138097000 691288000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -53482000 -60762000
(d) Employee benefit expense 24751000 84366000
(e) Finance costs 12907000 51289000
(f) Depreciation, depletion and amortisation expense 6064000 24660000
(f) Other Expenses
1 Other Expenses 54957000 232655000
Total other expenses 54957000 232655000
Total expenses 183294000 1023496000
3 Total profit before exceptional items and tax -8182000 21189000
4 Exceptional items 0 0
5 Total profit before tax -8182000 21189000
6 Tax expense
7 Current tax 7878000 12734000
8 Deferred tax -4441000 -2396000
9 Total tax expenses 3437000 10338000
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 -11619000 10851000
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 -11619000 10851000
17 Other comprehensive income net of taxes -273000 -273000
18 Total Comprehensive Income for the period -11892000 10578000
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 209681000 209681000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 816867000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -0.55 0.52
Diluted earnings (loss) per share from continuing operations -0.55 0.52
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 -0.55 0.52
Diluted earnings (loss) per share from continuing and discontinued operations -0.55 0.52
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) Refer Outcome of Board Meeting dated 28 May 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 618124000
Capital work-in-progress 709712000
Investment property 0
Goodwill 0
Other intangible assets 2896000
Intangible assets under development 4309000
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 205000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 111067000
Total non-current financial assets 111272000
Deferred tax assets (net) 0
Other non-current assets 0
Total non-current assets 1446313000
2 Current assets
Inventories 355258000
Current financial asset
Current investments 0
Trade receivables, current 119767000
Cash and cash equivalents 1426000
Bank balance other than cash and cash equivalents 1142000
Loans, current 118751000
Other current financial assets 45364000
Total current financial assets 286450000
Current tax assets (net) 0
Other current assets 130932000
Total current assets 772640000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 2218953000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 209681000
Other equity 829004000
Total equity attributable to owners of parent 1038685000
Non controlling interest
Total equity 1038685000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 376165000
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 376165000
Provisions, non-current 10164000
Deferred tax liabilities (net) 17326000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 403655000
Current liabilities
Current financial liabilities
Borrowings, current 544763000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 87576000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 112300000
Total Trade payable 199876000
Other current financial liabilities 19275000
Total current financial liabilities 763914000
Other current liabilities 3080000
Provisions, current 9619000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 776613000
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 1180268000
Total equity and liabilites 2218953000
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block
Textual Information(1) Refer Outcome of Board Meeting dated 28 May 2025



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



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 273000 273000
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 -273000 -273000



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 21189000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 51289000
Adjustments for decrease (increase) in inventories -96812000
Adjustments for decrease (increase) in trade receivables, current 127406000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -73510000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 68057000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 16523000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 24660000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 796000
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 0
Adjustments for interest income 16775000
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) 0
Other adjustments for non-cash items -41000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 101593000
Net cash flows from (used in) operations 122782000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 6801000
Other inflows (outflows) of cash 81000
Net cash flows from (used in) operating activities 116062000
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 41000
Purchase of property, plant and equipment 421371000
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 -13100000
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 16775000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -82000
Net cash flows from (used in) investing activities -391537000
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 -326589000
Payments of lease liabilities 0
Dividends paid 0
Interest paid 51289000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 275300000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -175000
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 -175000
Cash and cash equivalents cash flow statement at beginning of period 1602000
Cash and cash equivalents cash flow statement at end of period 1427000





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 A R SULAKHE 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 Ishan Dyes and Chemicals Limited Cluster Enviro Private Limited Enterprise over which key managerial personnel are able to exercise significant influence Advance 4000000 Nil 1642000 49130000 49823000 Advance 0.1 Short Term - on call basis Unsecured General Purpose
2 Ishan Dyes and Chemicals Limited Cluster Enviro Private Limited Enterprise over which key managerial personnel are able to exercise significant influence Any other transaction Advance Recoverable Given Repaid 2000000 Nil 950000 0 0
3 Ishan Dyes and Chemicals Limited Cluster Enviro Private Limited Enterprise over which key managerial personnel are able to exercise significant influence Interest received 10000000 Nil 4432000 36572000 41003000
4 Ishan Dyes and Chemicals Limited Mr. Piyush N Patel Key Managerial Personnel (Managing Director) Loan 800000 Nil 354000 12051000 0 Advance 0 Short Term - on call basis Unsecured General Purpose
5 Ishan Dyes and Chemicals Limited Mr. Piyush N Patel Key Managerial Personnel (Managing Director) Any other transaction Staff Loan Givennrepaid 25000000 Nil 12405000 0 0
6 Ishan Dyes and Chemicals Limited Mr. Piyush N Patel Key Managerial Personnel (Managing Director) Loan 6000000 Nil 2595000 0 2595000 Loan 0 Short Term - on call basis Unsecured General Purpose
7 Ishan Dyes and Chemicals Limited Mr. Piyush N Patel Key Managerial Personnel (Managing Director) Remuneration 8000000 Nil 3560000 500000 1060000
8 Ishan Dyes and Chemicals Limited Mr. Shrinal P Patel Key Managerial Personnel (Managing Director) Loan 30000000 Nil 25426000 18428000 0 Advance 0 Short Term - on call basis Unsecured General Purpose
9 Ishan Dyes and Chemicals Limited Mr. Shrinal P Patel Key Managerial Personnel (Managing Director) Any other transaction Staff Loan Givennrepaid 50000000 Nil 43854000 0 0
10 Ishan Dyes and Chemicals Limited Mr. Shrinal P Patel Key Managerial Personnel (Managing Director) Loan 30000000 Nil 24701000 0 1645000 Loan 0 Short Term - on call basis Unsecured General Purpose
11 Ishan Dyes and Chemicals Limited Mr. Shrinal P Patel Key Managerial Personnel (Managing Director) Any other transaction Loan Accepted Repaid 25000000 Nil 23056000 0 0
12 Ishan Dyes and Chemicals Limited Mr. Shrinal P Patel Key Managerial Personnel (Managing Director) Remuneration 1100000 Nil 1049000 150000 299000
13 Ishan Dyes and Chemicals Limited Mrs. Mirali H Patel Director Remuneration 300000 Nil 270000 40000 70000
14 Ishan Dyes and Chemicals Limited Mr. Chintan P Pancholi Key Managerial Personnel (Chief Financial Officer) Remuneration 700000 Nil 658000 100000 158000
15 Ishan Dyes and Chemicals Limited Anisha Jain Key Managerial Personnel (Company Secretary) from 2nd January 2023 Remuneration 200000 Nil 152000 21000 45000
16 Ishan Dyes and Chemicals Limited NIRMAL TIWARI Director Any other transaction sitting fees 100000 Nil 25000 0 0
17 Ishan Dyes and Chemicals Limited DARSHAN BIPINCHANDRA SHAH Director Any other transaction sitting fees 100000 Nil 25000 0 0
18 Ishan Dyes and Chemicals Limited APEXA AJAYKUMAR PANCHAL Director Any other transaction sitting fees 100000 Nil 25000 0 0
Total value of transaction during the reporting period 145179000