Integrated Filing — IndAS



General information about company

Scrip Code 506579
NSE Symbol OCCL
MSEI Symbol NOTLISTED
ISIN INE321D01016
Name of company Oriental Carbon & 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 22-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 Multi segment
Description of single segment
Start date and time of board meeting 28-May-2025   14:00:00
End date and time of board meeting 28-May-2025   15:40:00
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 278324000 1082761000
Other income 7900000 24792000
Total income 286224000 1107553000
2 Expenses
(a) Cost of materials consumed 116755000 497257000
(b) Purchases of stock-in-trade 50153000 99631000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -2801000 -5760000
(d) Employee benefit expense 51099000 204698000
(e) Finance costs 4983000 7274000
(f) Depreciation, depletion and amortisation expense 10481000 39048000
(f) Other Expenses
1 Other expenses 37336000 155712000
Total other expenses 37336000 155712000
Total expenses 268006000 997860000
3 Total profit before exceptional items and tax 18218000 109693000
4 Exceptional items 0 0
5 Total profit before tax 18218000 109693000
6 Tax expense
7 Current tax 2436000 31726000
8 Deferred tax 683000 21764000
9 Total tax expenses 3119000 53490000
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 15099000 56203000
12 Profit (loss) from discontinued operations before tax 0 105244000
13 Tax expense of discontinued operations 0 30673000
14 Net profit (loss) from discontinued operation after tax 0 74571000
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 15099000 130774000
17 Other comprehensive income net of taxes -118000 9640000
18 Total Comprehensive Income for the period 14981000 140414000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 8844000 104728000
Total profit or loss, attributable to non-controlling interests 6256000 26046000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent -71000 9560000
Total comprehensive income for the period attributable to owners of parent non-controlling interests -48000 80000
21 Details of equity share capital
Paid-up equity share capital 99901000 99901000
Face value of equity share capital 999.01 999.01
27 Details of debt securities
22 Reserves excluding revaluation reserve 2563507000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.89 3.02
Diluted earnings (loss) per share from continuing operations 0.89 3.02
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 7.46
Diluted earnings (loss) per share from discontinued operations 0 7.46
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.89 10.48
Diluted earnings (loss) per share from continuing and discontinued operations 0.89 10.48
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. The above results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meeting held on May 28 2025. An audit, as required under Regulation 33 of the SEBI LODR Regulations,2015, has been completed by the Statutory Auditors and they have expressed an unmodified opinion on the aforesaid results. ttttt n2. The Board of Directors of the Company at their meeting held on May 24 2022 approved the Scheme of Arrangement under section 230-232 of the Companies Act,2013, of Demerger of Chemical business of Oriental Carbon and Chemicals Limited Demerged Company in to OCCL Limited ,Resulting Company and said scheme was approved by National Company Law Tribunal NCLT, Ahmedabad and National Company Law Appellate Tribunal NCLAT, New Delhi on April 10 2024 and May 27 2024 respectively. nThe appointed date and effective date of the Scheme is July 01 2024 ,date of filing the certified copy of the Scheme with ROC. Accordingly the Accounting effect in respect of the Scheme has been given in these Financial Results as per the Scheme. nThe Company has accordingly charged the difference between carrying value of assets and liabilities of chemicals business amounting to Rs. 37,494.57 Lakhs ,Loss in the statement of profit and loss account as Exceptional Items Profit or Loss in compliance with Ind AS 105, Non current Assets Held for Sale and Discontinued Operations. nAs consideration for demerger, the resulting company issued its equity shares to each shareholder of the demerged company as on record date in the ratio of 1 is to 1 i.e. 5 shares of Rs. 2 each for every one share of Rs. 10 each held in the demerged company. nThe net results of Manufacturing business of Insoluble Sulphur & Chemicals for comparative quarters/periods are disclosed separately as discontinued operations as required by Ind AS 105. n3.Pursuant to the scheme of demerger, chemical segment is treated as discontinued and the investment and trading segment is treated as the only segment in the company and accordingly , investment and trading and general engineering product are the only business segments of the group. n4. Subsequent to demerger as referred in note no. 2 above , the company has restated its Financial Statements or Results for all the periods as reported in the statement, during the quarter ending September 30, 2024 to disclose true and fair view of financials in accordance with Ind AS 8 Accounting Policies, Changes in Accounting Estimates and Errors. Thus, fair value gains and losses from some Equity or AIF investments earlier measured as at Fair Value through Other Comprehensive income is reclassified to Fair Value through Profit or Loss , as outlined in Ind AS 109. These adjustments have impacted the financial results for the quarters and periods ending March 31, 2024 and 31 March 2025, presented as comparative information in the financial results. Due to above re-statement there is a shift of reserves from OCI to retained earnings. However, overall the reserves remain same. This restatement did not have any impact on the balance sheet. The impact of the restatement for the each of the periods presented along with the impact on Earnings per Share is tabulated belowt n5. ParticularstQuarter Endedt Year Ended nMarch 31 2025tDec 31 2024 March 31 2024 March 31 2025 March 31 2024 nIncrease or Decrease in Fair value gains and losses recognised in profit or loss for the periodt t 126.33 t t 305.92 nIncrease or Decrease in Deffered Tax on abovet 73.11 t 24.35 t 28.27 nIncrease or Decrease in Fair value gains and losses recognised in profit or loss for the period ,net of tax t 199.44 t 24.35 t 334.19 nIncrease or Decrease in Fair value gains and losses recognised in other comprehensive income for the periodt 126.33tt 305.92 nIncrease or Decrease in Deffered Tax on abovet73.11 t 24.35 t 28.2 nIncrease or Decrease in Fair value gains and losses recognised in other comprehensive income for the period net of taxtt 199.44 t 24.35 t 334.19 nIncrease or Decrease in Total Comprehensive Income for the Periodt nIncrease or Decrease in Earnings per Share for the periodtt 2.00 t0.24 t 3.35 n5. The figures for the corresponding previous quarter or year have been regrouped or reclassified wherever necessary, to make them comparable.tt n6.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 respective financial year.ttttt n7.The consolidated financial results include the financial results of subsidiaries, i.e Duncan Engineering Limited and OCCL Limited ,till 30th June 2024 and associate i.e Clean Max Infinia Private Ltd ,till 30th June 2024tt n8. In line with the requirements of Regulation 47 clause 2 of the Listing Regulations, 2015, the results are available on the Stock Exchange websites, www.bseindia.com or www.nseindia.com and Company website www.agventuresltd.com.



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 681779000
Capital work-in-progress
Investment property
Goodwill 0
Other intangible assets 6203000
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 1304518000
Trade receivables, non-current
Loans, non-current 202000
Other non-current financial assets 4762000
Total non-current financial assets 1309482000
Deferred tax assets (net)
Other non-current assets 8013000
Total non-current assets 2005477000
2 Current assets
Inventories 140936000
Current financial asset
Current investments 907102000
Trade receivables, current 56252000
Cash and cash equivalents 28429000
Bank balance other than cash and cash equivalents 88117000
Loans, current 1068000
Other current financial assets 7688000
Total current financial assets 1088656000
Current tax assets (net) 13419000
Other current assets 18117000
Total current assets 1261128000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 3266605000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 99901000
Other equity 2563507000
Total equity attributable to owners of parent 2663408000
Non controlling interest 292478000
Total equity 2955886000
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 12280000
Total non-current financial liabilities 12280000
Provisions, non-current 7615000
Deferred tax liabilities (net) 109452000
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 129347000
Current liabilities
Current financial liabilities
Borrowings, current 10297000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 41240000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 23237000
Total Trade payable 64477000
Other current financial liabilities 76085000
Total current financial liabilities 150859000
Other current liabilities 25258000
Provisions, current 5255000
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 181372000
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 310719000
Total equity and liabilites 3266605000
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)
1 Investments & Trading 67769000 223407000
2 General Engineering Products 210555000 865854000
3 Segment revenue/Asset/Liabilities from discontinued operations 0 1038229000
Total Segment Revenue 278324000 2127490000
Less: Inter segment revenue 0 0
Revenue from operations 278324000 2120990000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Investments & Trading 2540000 57874000
2 General Engineering Products 18688000 68118000
3 Segment revenue/Asset/Liabilities from discontinued operations -3010000 -16299000
Total Profit before tax 18218000 109693000
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax 18218000 109693000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Investments & Trading 2755814000 2755814000
2 General Engineering Products 407939000 407939000
3 Segment revenue/Asset/Liabilities from discontinued operations 0 0
Total Segment Asset 3163753000 3163753000
Un-allocable Assets 102852000 102852000
Net Segment Asset 3266605000 3266605000
4 Segment Liabilities
Segment Liabilities
1 Investments & Trading 3557000 3557000
2 General Engineering Products 174989000 174989000
3 Segment revenue/Asset/Liabilities from discontinued operations 0 0
Total Segment Liabilities 178546000 178546000
Un-allocable Liabilities 132173000 132173000
Net Segment Liabilities 310719000 310719000
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
1 Remeasurement Gain or (Loss) on Defined Benefit Plans -161000 2589000
2 Net Gain or (Loss) on FVTOCI on Equity & AIF Investments 0 4500000
Total Amount of items that will not be reclassified to profit and loss -161000 7089000
2 Income tax relating to items that will not be reclassified to profit or loss -43000 -2551000
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 -118000 9640000



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 109693000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 30161000
Adjustments for decrease (increase) in inventories 8991000
Adjustments for decrease (increase) in trade receivables, current -32739000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -25494000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 1467000
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -39087000
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 106995000
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 -212000
Adjustments for dividend income 0
Adjustments for interest income 8566000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) -37366000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow -72637000
Other adjustments to reconcile profit (loss) 105244000
Other adjustments for non-cash items -1247000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 35510000
Net cash flows from (used in) operations 145203000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 145203000
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 25761000
Purchase of property, plant and equipment 56968000
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 1985000
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 11985000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 137367000
Net cash flows from (used in) investing activities 116160000
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 164835000
Repayments of borrowings 229830000
Payments of lease liabilities 11771000
Dividends paid 76396000
Interest paid 30476000
Income taxes paid (refund) 64278000
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -247916000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 13447000
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 13447000
Cash and cash equivalents cash flow statement at beginning of period 14982000
Cash and cash equivalents cash flow statement at end of period 28429000





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 SS Kothari Mehta & Co. LLP Yes 31-Aug-2025