Integrated Filing — IndAS



General information about company
Scrip Code 590005
NSE Symbol VEEDOL
MSEI Symbol NOTLISTED
ISIN INE484C01030
Name of company VEEDOL CORPORATION 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 14-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 Unaudited
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 LUBRICANTS
Start date and time of board meeting 28-May-2025   14:00:00
End date and time of board meeting 28-May-2025   20:45:00
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 Unaudited 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 5319100000 19704900000
Other income 35500000 183800000
Total income 5354600000 19888700000
2 Expenses
(a) Cost of materials consumed 2851800000 10478000000
(b) Purchases of stock-in-trade 334100000 1582000000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 800000 -333300000
(d) Employee benefit expense 360600000 1348000000
(e) Finance costs 7500000 35500000
(f) Depreciation, depletion and amortisation expense 81900000 285200000
(f) Other Expenses
1 Franchisee Fees 618000000 2522500000
2 Others 477200000 2163600000
Total other expenses 1095200000 4686100000
Total expenses 4731900000 18081500000
3 Total profit before exceptional items and tax 622700000 1807200000
4 Exceptional items 0 -65600000
5 Total profit before tax 622700000 1741600000
6 Tax expense
7 Current tax 86800000 293600000
8 Deferred tax 3100000 35000000
9 Total tax expenses 89900000 328600000
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 532800000 1413000000
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 64200000 274500000
16 Total profit (loss) for period 597000000 1687500000
17 Other comprehensive income net of taxes 56700000 81600000
18 Total Comprehensive Income for the period 653700000 1769100000
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 34000000 34000000
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 9106500000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 35.12 99.29
Diluted earnings (loss) per share from continuing operations 35.12 99.29
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 35.12 99.29
Diluted earnings (loss) per share from continuing and discontinued operations 35.12 99.29
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) NOTES: AS PER PDF RESULTS SUBMITTED



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 2068400000
Capital work-in-progress 71800000
Investment property 38500000
Goodwill 1205500000
Other intangible assets 87400000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 781500000
Non-current financial assets
Non-current investments 0
Trade receivables, non-current 2800000
Loans, non-current 1000000
Other non-current financial assets 120000000
Total non-current financial assets 123800000
Deferred tax assets (net) 0
Other non-current assets 22200000
Total non-current assets 4399100000
2 Current assets
Inventories 3332400000
Current financial asset
Current investments 0
Trade receivables, current 2903200000
Cash and cash equivalents 430800000
Bank balance other than cash and cash equivalents 14600000
Loans, current 200000
Other current financial assets 976300000
Total current financial assets 4325100000
Current tax assets (net) 71400000
Other current assets 385300000
Total current assets 8114200000
3 Non-current assets classified as held for sale 14300000
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 12527600000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 34000000
Other equity 9106500000
Total equity attributable to owners of parent 9140500000
Non controlling interest 0
Total equity 9140500000
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 350400000
Total non-current financial liabilities 350400000
Provisions, non-current 279000000
Deferred tax liabilities (net) 56900000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 686300000
Current liabilities
Current financial liabilities
Borrowings, current 0
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 91300000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1565400000
Total Trade payable 1656700000
Other current financial liabilities 607100000
Total current financial liabilities 2263800000
Other current liabilities 275300000
Provisions, current 53600000
Current tax liabilities (Net) 31100000
Deferred government grants, Current 0
Total current liabilities 2623800000
3 Liabilities directly associated with assets in disposal group classified as held for sale 77000000
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 3387100000
Total equity and liabilites 12527600000
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block
Textual Information(1) 1. Property, plant and equipment includes Right of Use Assets amounting to Rs. 21.70 crores. n2. Other Non-Current Financial Liabilities includes Lease Liabilities amounting to Rs. 14.18 crores. n3. Other Current Financial Liabilities includes Lease Liabilities amounting to Rs. 7.78 crores.



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 Unaudited 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 Unaudited 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 Items that will not be reclassified to profit or loss 30700000 32100000
Total Amount of items that will not be reclassified to profit and loss 30700000 32100000
2 Income tax relating to items that will not be reclassified to profit or loss 8100000 8400000
3 Amount of items that will be reclassified to profit and loss
1 Items that will be reclassified to profit or loss 34100000 57900000
Total Amount of items that will be reclassified to profit and loss 34100000 57900000
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income 56700000 81600000



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 1741600000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 35200000
Adjustments for decrease (increase) in inventories -542800000
Adjustments for decrease (increase) in trade receivables, current -672000000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -51300000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 200000
Adjustments for other financial assets, current -3100000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 100200000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 77600000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 285200000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current -57500000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current -98600000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 46400000
Adjustments for dividend income 0
Adjustments for interest income 103900000
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 -25800000
Other adjustments to reconcile profit (loss) 9100000
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -1001100000
Net cash flows from (used in) operations 740500000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 443300000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 297200000
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 3300000
Purchase of property, plant and equipment 421800000
Proceeds from sales of investment property 96800000
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 2541900000
Purchase of other long-term assets 1835900000
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 226400000
Interest received 108900000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 1200000
Net cash flows from (used in) investing activities 720800000
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 0
Payments of lease liabilities 98300000
Dividends paid 906000000
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 15400000
Net cash flows from (used in) financing activities -988900000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 29100000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 13100000
Net increase (decrease) in cash and cash equivalents 42200000
Cash and cash equivalents cash flow statement at beginning of period 388600000
Cash and cash equivalents cash flow statement at end of period 430800000





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 Price Waterhouse Chartered Accountants LLP Yes 30-Nov-2026