Integrated Filing — IndAS



General information about company
Scrip Code 000000
NSE Symbol ASHALOG
MSEI Symbol NOTLISTED
ISIN INE0LAA01017
Name of company ASHAPURA LOGISTICS LIMITED
Type of company SME
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 22-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Half Yearly
Reporting Quarter Yearly
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 Geographical
Description of single segment
Start date and time of board meeting 29-May-2025   12:00:00
End date and time of board meeting 29-May-2025   14:45:00
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-Oct-2024 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 1374151000 2309664000
Other income 15711000 16584000
Total income 1389862000 2326248000
2 Expenses
(a) Cost of materials consumed 0 0
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
(d) Employee benefit expense 77775000 142547000
(e) Finance costs 22748000 41403000
(f) Depreciation, depletion and amortisation expense
(f) Other Expenses
1 Direct Expenses 1101059000 1810663000
2 Other Expenses 62719000 94914000
Total other expenses 1163778000 1905577000
Total expenses 1310406000 2159692000
3 Total profit before exceptional items and tax
4 Exceptional items
5 Total profit before tax 79456000 166556000
6 Tax expense
7 Current tax 13764000 32047000
8 Deferred tax 7267000 10922000
9 Total tax expenses 21031000 42969000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement
11 Net Profit Loss for the period from continuing operations
12 Profit (loss) from discontinued operations before tax
13 Tax expense of discontinued operations
14 Net profit (loss) from discontinued operation after tax
15 Share of profit (loss) of associates and joint ventures accounted for using equity method
16 Total profit (loss) for period
17 Other comprehensive income net of taxes
18 Total Comprehensive Income for the period
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 135561000 135561000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 0
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations
Diluted earnings (loss) per share from continuing operations
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations
Diluted earnings (loss) per share from discontinued operations
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 5.26 10.06
Diluted earnings (loss) per share from continuing and discontinued operations 5.26 10.06
24 Debt equity ratio 0.0048 0.0048
25 Debt service coverage ratio 0.0652 0.0672
26 Interest service coverage ratio 0.0024 0.0045
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1 The above Consolidated Financial Results are reviewed by the audit Committee and thereafter approved and taken on record by the Board of Directors at their meeting held on 29th May 2025 The Statutory Auditors of the Company carried out limited review of the above consolidated financial Results pursuant to Regulation 33 of SEBI Listing Obligation & Disclosure Requirements Regulation 2015 n n2 As per MCA notification dated 16th February 2015 the companies whose shares are listed on SME exchange are exempted from the compulsory requirement of adoption of IND AS As the company is covered under exempted from the compulsary requirement of adoption of IND AS the company has not adopted IND AS n n3 The Company operates in one reportable business segments ic Logistics and Freight Forwarding n n4 Figures of the previous period have been regrouped wherever necessary to correspond with the figures of the current period



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 554495000
Capital work-in-progress
Investment property
Goodwill
Other intangible assets
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 320000
Trade receivables, non-current
Loans, non-current
Other non-current financial assets
Total non-current financial assets
Deferred tax assets (net) 0
Other non-current assets 154156000
Total non-current assets 778912000
2 Current assets
Inventories 0
Current financial asset
Current investments 0
Trade receivables, current
Cash and cash equivalents 40125000
Bank balance other than cash and cash equivalents 0
Loans, current
Other current financial assets
Total current financial assets
Current tax assets (net)
Other current assets 256458000
Total current assets 1355975000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 2134887000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital
Other equity
Total equity attributable to owners of parent
Non controlling interest
Total equity
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current
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
Total non-current financial liabilities
Provisions, non-current
Deferred tax liabilities (net) 14080000
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 157123000
Current liabilities
Current financial liabilities
Borrowings, current
Trade payables, 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 current financial liabilities
Total current financial liabilities
Other current liabilities 40478000
Provisions, current
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 669713000
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
Total equity and liabilites 2134887000
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-Oct-2024 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 Gujarat 1305185000 2235777000
2 Maharashtra 182510000 320587000
3 Tamil Nadu 114161000 201409000
4 Karnataka 42103000 71195000
5 Punjab 0 0
Total Segment Revenue 1643959000 2828968000
Less: Inter segment revenue 269808000 269808000
Revenue from operations 1374151000 2309664000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Gujarat 33230000 125580000
2 Maharashtra 21248000 27030000
3 Tamil Nadu -1708000 7922000
4 Karnataka 4660000 6028000
5 Punjab 5000 4000
Total Profit before tax 57435000 166564000
i. Finance cost 0 0
ii. Other Unallocable Expenditure net off Unallocable income 0 0
Profit before tax 57435000 166564000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Gujarat 0 0
2 Maharashtra 0 0
3 Tamil Nadu 0 0
4 Karnataka 0 0
5 Punjab 0 0
Total Segment Asset 0 0
Un-allocable Assets 0 0
Net Segment Asset 0 0
4 Segment Liabilities
Segment Liabilities
1 Gujarat 0 0
2 Maharashtra 0 0
3 Tamil Nadu 0 0
4 Karnataka 0 0
5 Punjab 0 0
Total Segment Liabilities 0 0
Un-allocable Liabilities 0 0
Net Segment Liabilities 0 0
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-Oct-2024 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
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
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



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 166556000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 41403000
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables, current
Adjustments for decrease (increase) in trade receivables, non-current
Adjustments for decrease (increase) in other current assets -231856000
Adjustments for decrease (increase) in other non-current assets
Adjustments for other financial assets, non-current
Adjustments for other financial assets, current
Adjustments for other bank balances
Adjustments for increase (decrease) in trade payables, current
Adjustments for increase (decrease) in trade payables, non-current
Adjustments for increase (decrease) in other current liabilities -17072000
Adjustments for increase (decrease) in other non-current liabilities
Adjustments for depreciation and amortisation expense 70165000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current
Adjustments for provisions, non-current
Adjustments for other financial liabilities, current
Adjustments for other financial liabilities, non-current
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income
Adjustments for share-based payments 0
Adjustments for fair value losses (gains)
Adjustments for undistributed profits of associates
Other adjustments for which cash effects are investing or financing cash flow -2845000
Other adjustments to reconcile profit (loss) 9274000
Other adjustments for non-cash items 1504000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -344834000
Net cash flows from (used in) operations -178278000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 32045000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -210323000
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 50500000
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 373687000
Proceeds from sales of investment property
Purchase of investment property
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development
Purchase of intangible assets under development
Proceeds from sales of goodwill
Purchase of goodwill
Proceeds from biological assets other than bearer plants
Purchase of biological assets other than bearer plants
Proceeds from government grants 0
Proceeds from sales of other long-term assets
Purchase of other long-term assets
Cash advances and loans made to other parties 75222000
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 2845000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -313000
Net cash flows from (used in) investing activities -496877000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries
Payments from changes in ownership interests in subsidiaries
Proceeds from issuing shares
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares
Payments of other equity instruments
Proceeds from exercise of stock options
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 205481000
Repayments of borrowings 0
Payments of lease liabilities
Dividends paid 0
Interest paid 41403000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 57000
Net cash flows from (used in) financing activities 690743000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -16457000
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 -16457000
Cash and cash equivalents cash flow statement at beginning of period 56582000
Cash and cash equivalents cash flow statement at end of period 40125000





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 Talati and Talati LLP Yes 30-Sep-2026