Integrated Filing — IndAS



General information about company
Scrip Code 532543
NSE Symbol GULFPETRO
MSEI Symbol NOTLISTED
ISIN INE586G01017
Name of company GP PETROLEUMS 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 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 Multi segment
Description of single segment
Start date and time of board meeting 28-May-2025   16:57:00
End date and time of board meeting 28-May-2025   18:15:00
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 https://www.gppetroleums.co.in/policies.php
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 defaults on Loans during the quarter ended March 31, 2025.



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 1823597000 6092656000
Other income 3773000 26030000
Total income 1827370000 6118686000
2 Expenses
(a) Cost of materials consumed 1061901000 4136141000
(b) Purchases of stock-in-trade 489221000 1138431000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 18867000 -94901000
(d) Employee benefit expense 56482000 264583000
(e) Finance costs 1624000 12115000
(f) Depreciation, depletion and amortisation expense 11784000 47431000
(f) Other Expenses
1 Other Expenses 71649000 260247000
Total other expenses 71649000 260247000
Total expenses 1711528000 5764047000
3 Total profit before exceptional items and tax 115842000 354639000
4 Exceptional items 0 0
5 Total profit before tax 115842000 354639000
6 Tax expense
7 Current tax 31955000 92977000
8 Deferred tax -2268000 -1580000
9 Total tax expenses 29687000 91397000
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 86155000 263242000
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 86155000 263242000
17 Other comprehensive income net of taxes 2133000 -6597000
18 Total Comprehensive Income for the period 88288000 256645000
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 254922000 254922000
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve 3034828000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1.69 5.16
Diluted earnings (loss) per share from continuing operations 0 0
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 1.69 5.16
Diluted earnings (loss) per share from continuing and discontinued operations 0 0
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
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 689624000
Capital work-in-progress 302000
Investment property
Goodwill 0
Other intangible assets 1986000
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 0
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 13943000
Total non-current financial assets 13943000
Deferred tax assets (net) 0
Other non-current assets 18335000
Total non-current assets 724190000
2 Current assets
Inventories 817168000
Current financial asset
Current investments 0
Trade receivables, current 1562451000
Cash and cash equivalents 1504000
Bank balance other than cash and cash equivalents 32020000
Loans, current 0
Other current financial assets 325129000
Total current financial assets 1921104000
Current tax assets (net) 0
Other current assets 592012000
Total current assets 3330284000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 4054474000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 254922000
Other equity 3034828000
Total equity attributable to owners of parent 3289750000
Non controlling interest
Total equity 3289750000
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
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities 63001000
Total non-current financial liabilities 63001000
Provisions, non-current 14529000
Deferred tax liabilities (net) 14188000
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 91718000
Current liabilities
Current financial liabilities
Borrowings, current 242321000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 34405000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 185763000
Total Trade payable 220168000
Other current financial liabilities 47133000
Total current financial liabilities 509622000
Other current liabilities 45360000
Provisions, current 109796000
Current tax liabilities (Net) 8228000
Deferred government grants, Current
Total current liabilities 673006000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 764724000
Total equity and liabilites 4054474000
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)
1 Manufacturing 1326600000 5032800000
2 Trading 497000000 1059900000
3 Unallocated 0 0
Total Segment Revenue 1823600000 6092700000
Less: Inter segment revenue 0 0
Revenue from operations 1823600000 6092700000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Manufacturing 107300000 362900000
2 Trading 21200000 31000000
3 Unallocated 3800000 26000000
Total Profit before tax 132300000 419900000
i. Finance cost 4700000 4700000
ii. Other Unallocable Expenditure net off Unallocable income 11800000 11800000
Profit before tax 115800000 354600000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Manufacturing 2684900000 2684900000
2 Trading 554100000 554100000
3 Unallocated 815500000 815500000
Total Segment Asset 4054500000 4054500000
Un-allocable Assets 0 0
Net Segment Asset 4054500000 4054500000
4 Segment Liabilities
Segment Liabilities
1 Manufacturing 272800000 272800000
2 Trading 72100000 72100000
3 Unallocated 3709600000 3709600000
Total Segment Liabilities 4054500000 4054500000
Un-allocable Liabilities 0 0
Net Segment Liabilities 4054500000 4054500000
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 Re-measurement Gains/(Loss) on defined benefit plans 2133000 -6597000
Total Amount of items that will not be reclassified to profit and loss 2133000 -6597000
2 Income tax relating to items that will not be reclassified to profit or loss 0 0
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 2133000 -6597000



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 354639000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 17900000
Adjustments for decrease (increase) in inventories -9570000
Adjustments for decrease (increase) in trade receivables, current -128942000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -247310000
Adjustments for decrease (increase) in other non-current assets 4255000
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current -10895000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -13074000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 23446000
Adjustments for increase (decrease) in other non-current liabilities 2636000
Adjustments for depreciation and amortisation expense 47431000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current -13037000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 2390000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 95000
Adjustments for dividend income 0
Adjustments for interest income 3849000
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 -12476000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items -5923000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -346923000
Net cash flows from (used in) operations 7716000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 92168000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -84452000
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 67000
Purchase of property, plant and equipment 7781000
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 3193000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -59315000
Net cash flows from (used in) investing activities -63836000
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 179088000
Repayments of borrowings 0
Payments of lease liabilities 34190000
Dividends paid 0
Interest paid 8381000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 136517000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -11771000
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 -11771000
Cash and cash equivalents cash flow statement at beginning of period 13275000
Cash and cash equivalents cash flow statement at end of period 1504000





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 J Mandal & Co LLP Yes 30-Sep-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 GP Petroleums Limited New Horizons Asphalt Private Limited a private company in which director or relative is a member or Director Advance 2500000 Approved 2500000 0 2500000
2 GP Petroleums Limited New Horizons Asphalt Private Limited a private company in which director or relative is a member or Director Sale of goods or services 0 Approved 0 79847000 79847000
3 GP Petroleums Limited Gulf Petrochem India Private Limited a private company in which director or relative is a member or Director Sale of goods or services 0 Approved 0 3152000 2814000
4 GP Petroleums Limited Gulf Petrochem India Private Limited a private company in which director or relative is a member or Director Any other transaction TANK RENT 2722000 Approved 2722000 0 0
5 GP Petroleums Limited Aspam Caravan Logistics Parks Private Limited a private company in which director or relative is a member or Director Any other transaction GODOWN RENT 3540000 Approved 3540000 0 -1440000
6 GP Petroleums Limited Avann Buildsys Private Limited a private company in which director or relative is a member or Director Any other transaction OFFICE RENT 798000 Approved 798000 -10000 -334000
7 GP Petroleums Limited Aspam Caravan Logistics Parks Private Limited a private company in which director or relative is a member or Director Any other transaction SECURITY DEPOSIT 10000000 Approved 10000000 6000000 16000000
8 GP Petroleums Limited Avann Buildsys Private Limited a private company in which director or relative is a member or Director Any other transaction SECURITY DEPOSIT 0 Approved 0 200000 200000
9 GP Petroleums Limited Bhaswar Mukherjee Independent Director Any other transaction SITTING FEES 350000 NA 350000 0 0
10 GP Petroleums Limited Mahesh Damle Independent Director Any other transaction SITTING FEES 50000 NA 50000 0 0
11 GP Petroleums Limited Stuti Kacker Independent Director Any other transaction SITTING FEES 275000 NA 275000 0 0
12 GP Petroleums Limited Ashok Kumar Gupta Independent Director Any other transaction SITTING FEES 150000 NA 150000 0 0
13 GP Petroleums Limited Ayush Goel Non-Executive Director Any other transaction SITTING FEES 325000 NA 325000 0 0
14 GP Petroleums Limited Deepa Goel Non-Executive Director Any other transaction SITTING FEES 150000 NA 150000 0 0
15 GP Petroleums Limited Arjun Verma Executive Director and CFO Remuneration 6408000 NA 6408000 0 0
16 GP Petroleums Limited Kanika Sehgal Sadana Company Secretary Remuneration 1190000 NA 1190000 0 0
Total value of transaction during the reporting period 28458000