Integrated Filing — IndAS



General information about company
Scrip Code 515037
NSE Symbol MURUDCERA
MSEI Symbol NA
ISIN INE692B01014
Name of company Murudeshwar Ceramics 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 29-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 16-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 29-May-2025   11:30:00
End date and time of board meeting 29-May-2025   14:20:00
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 2025-02-10
Indicate Company website link for updated RPT policy of the Company www.naveentile.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
The Company has not defaulted in repayment loans.



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 663993000 2028637000
Other income 28152000 49053000
Total income 692145000 2077690000
2 Expenses
(a) Cost of materials consumed 156934000 437609000
(b) Purchases of stock-in-trade 38414000 105707000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 28116000 -10004000
(d) Employee benefit expense 96098000 296130000
(e) Finance costs 40484000 130594000
(f) Depreciation, depletion and amortisation expense 43799000 144959000
(f) Other Expenses
1 Power and fuel 130290000 491892000
2 Production Consumable 8274000 29011000
3 Repairs, Maintainance and Civil contract 42120000 102854000
4 Selling Expense 12781000 100762000
5 Travelling expense 10468000 38159000
6 Other Expenses 30040000 90522000
Total other expenses 233973000 853200000
Total expenses 637818000 1958195000
3 Total profit before exceptional items and tax 54327000 119495000
4 Exceptional items 0 0
5 Total profit before tax 54327000 119495000
6 Tax expense
7 Current tax 10646000 21523000
8 Deferred tax 19510000 19510000
9 Total tax expenses 30156000 41033000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 10461000 20783000
11 Net Profit Loss for the period from continuing operations 34632000 99245000
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 34632000 99245000
17 Other comprehensive income net of taxes -2372000 -2372000
18 Total Comprehensive Income for the period 32260000 96873000
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 605453000 605453000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 3109229000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.53 1.6
Diluted earnings (loss) per share from continuing operations 0.53 1.6
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 0.53 1.6
Diluted earnings (loss) per share from continuing and discontinued operations 0.53 1.6
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 3490475000
Capital work-in-progress 375342000
Investment property 0
Goodwill 0
Other intangible assets 0
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 92352000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 20050000
Total non-current financial assets 112402000
Deferred tax assets (net) 0
Other non-current assets 7353000
Total non-current assets 3985572000
2 Current assets
Inventories 1086824000
Current financial asset
Current investments 0
Trade receivables, current 405685000
Cash and cash equivalents 6787000
Bank balance other than cash and cash equivalents 17639000
Loans, current 0
Other current financial assets 189663000
Total current financial assets 619774000
Current tax assets (net) 0
Other current assets 0
Total current assets 1706598000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 5692170000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 605453000
Other equity 3108297000
Total equity attributable to owners of parent 3713750000
Non controlling interest
Total equity 3713750000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 396188000
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 85661000
Total Trade payable 85661000
Other non-current financial liabilities
Total non-current financial liabilities 481849000
Provisions, non-current 0
Deferred tax liabilities (net) 192263000
Deferred government grants, Non-current 0
Other non-current liabilities 31717000
Total non-current liabilities 705829000
Current liabilities
Current financial liabilities
Borrowings, current 648362000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 16917000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 289548000
Total Trade payable 306465000
Other current financial liabilities
Total current financial liabilities 954827000
Other current liabilities 289485000
Provisions, current 28279000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 1272591000
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 1978420000
Total equity and liabilites 5692170000
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 Sale of products 369769000 1385566000
2 Sale of Services 294224000 643071000
Total Segment Revenue 663993000 2028637000
Less: Inter segment revenue 0 0
Revenue from operations 663993000 2028637000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Sale of products 12874000 42216000
2 Sale of Services 13845000 31207000
Total Profit before tax 26719000 73423000
i. Finance cost 0 0
ii. Other Unallocable Expenditure net off Unallocable income -27608000 -27608000
Profit before tax 54327000 119495000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Sale of products 5199423000 5199423000
2 Sale of Services 318845000 318845000
Total Segment Asset 5518268000 5518268000
Un-allocable Assets 173902000 173902000
Net Segment Asset 5692170000 5692170000
4 Segment Liabilities
Segment Liabilities
1 Sale of products 1491440000 1491440000
2 Sale of Services 183497000 183497000
Total Segment Liabilities 1674937000 1674937000
Un-allocable Liabilities 4017233000 4017233000
Net Segment Liabilities 5692170000 5692170000
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 Remeasurement of defined benefit plan -2372000 -2372000
Total Amount of items that will not be reclassified to profit and loss -2372000 -2372000
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 -2372000 -2372000



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 119495000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 103900000
Adjustments for decrease (increase) in inventories 71326000
Adjustments for decrease (increase) in trade receivables, current -241369000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -31080000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current -437000
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 56938000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 33192000
Adjustments for increase (decrease) in other non-current liabilities 85036000
Adjustments for depreciation and amortisation expense 144959000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 985000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current -19417000
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 0
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 -3271000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 200762000
Net cash flows from (used in) operations 320257000
Dividends received -2979000
Interest paid 0
Interest received -2832000
Income taxes paid (refund) -15214000
Other inflows (outflows) of cash -41932000
Net cash flows from (used in) operating activities 287728000
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 0
Purchase of property, plant and equipment 293387000
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 2979000
Interest received 2832000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 41997000
Net cash flows from (used in) investing activities -245579000
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 27451000
Payments of lease liabilities 0
Dividends paid 30273000
Interest paid 100173000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -3727000
Net cash flows from (used in) financing activities -161624000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -119475000
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 -119475000
Cash and cash equivalents cash flow statement at beginning of period 143901000
Cash and cash equivalents cash flow statement at end of period 24426000





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 K. G. Rao & Co. Yes 30-Apr-2026


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 Murudeshwar Ceramics Limited RNS Infrastructure Limited Promoter Group & Group Concern Purchase of goods or services 1000000000 NA 30069000 0 0 Textual Information(1)
2 Murudeshwar Ceramics Limited RNS Infrastructure Limited Promoter Group & Group Concern Sale of goods or services 1000000000 NA 538053000 -73263000 193646000 Textual Information(2)
3 Murudeshwar Ceramics Limited RNS Infrastructure Limited Promoter Group & Group Concern Any other transaction Commission on Bank Guarantee 1000000000 NA 28341000 0 0 Textual Information(3)
4 Murudeshwar Ceramics Limited RNS Power Limited Associate Company in terms of section 2(6) of the Companies Act, 2013 and Group Concern. Purchase of goods or services 25000000 NA 225000 48336000 48112000 Textual Information(4)
5 Murudeshwar Ceramics Limited RNS Motors Private Limited Group Concern Purchase of goods or services 5000000 NA 234000 0 -30000 Textual Information(5)
6 Murudeshwar Ceramics Limited RNS Motors Private Limited Group Concern Sale of goods or services 5000000 NA 219000 106000 0 Textual Information(6)
7 Murudeshwar Ceramics Limited Naveen Hotel Private Limited Group Concern Sale of goods or services 5000000 NA 608000 2670000 9390000 Textual Information(7)
8 Murudeshwar Ceramics Limited R N Shetty Trust Group Trust Sale of goods or services 2000000 NA 402000 150000 552000 Textual Information(8)
9 Murudeshwar Ceramics Limited RNS Earth Movers Private Limited Common Director Purchase of fixed assets 0 NA 544000 -1315000 -1055000 Textual Information(9)
10 Murudeshwar Ceramics Limited Murudeshwar Power Corporation Private Limited Promoter Group & Group Concern Dividend received 20000000 NA 2979000 0 0 Textual Information(10)
11 Murudeshwar Ceramics Limited Murudeshwar Power Corporation Private Limited Promoter Group & Group Concern Investment 0 NA 0 29788000 29788000
12 Murudeshwar Ceramics Limited RNS Power Limited Associate Company in terms of section 2(6) of the Companies Act, 2013 and Group Concern. Investment 0 NA 0 61015000 61015000
13 Murudeshwar Ceramics Limited Murudeshwar Décor Limited Group Concern Investment 0 NA 0 200000 200000
Total value of transaction during the reporting period 601674000



Text Block
Textual Information(1) The Audit Committee has given its onmibus approval for overall transaction of Rs. 10000.00 Lakhs at its meeting held on 29.05.2024.
Textual Information(2) The Audit Committee has given its onmibus approval for overall transaction of Rs. 10000.00 Lakhs at its meeting held on 29.05.2024.
Textual Information(3) The Audit Committee has given its onmibus approval for overall transaction of Rs. 10000.00 Lakhs at its meeting held on 29.05.2024.
Textual Information(4) The Audit Committee has given its onmibus approval for overall transaction of Rs. 250.00 Lakhs at its meeting held on 29.05.2024.
Textual Information(5) The Audit Committee has given its onmibus approval for overall transaction of Rs. 50.00 Lakhs at its meeting held on 29.05.2024.
Textual Information(6) The Audit Committee has given its onmibus approval for overall transaction of Rs. 50.00 Lakhs at its meeting held on 29.05.2024.
Textual Information(7) The Audit Committee has given its onmibus approval for overall transaction of Rs. 50.00 Lakhs at its meeting held on 29.05.2024.
Textual Information(8) The Audit Committee has given its onmibus approval for overall transaction of Rs. 20.00 Lakhs at its meeting held on 29.05.2024.
Textual Information(9) The Company purchase vehicles on regular basis and the Audit Committee approves in its next meeting.
Textual Information(10) The Audit Committee has given its onmibus approval for overall transaction of Rs. 200.00 Lakhs at its meeting held on 29.05.2024.