Integrated Filing — IndAS



General information about company
Scrip Code 543643
NSE Symbol NARMADA
MSEI Symbol NOTLISTED
ISIN INE117Z01011
Name of company Narmada Agrobase 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 15-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 Single segment
Description of single segment Agriculture produces
Start date and time of board meeting 29-May-2025   16:00:00
End date and time of board meeting 29-May-2025   18:40:00
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
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 2025-02-13
Indicate Company website link for updated RPT policy of the Company https://narmadaagrobase.com/inverstor-relation/reletedpartytransaction
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? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
The Company has not made any default on Loans and Debt securities. Hence, the same is not applicable.



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 292957000 656766000
Other income 3191000 6625000
Total income 296148000 663391000
2 Expenses
(a) Cost of materials consumed 264568000 543746000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 7703000 10138000
(d) Employee benefit expense 4086000 14288000
(e) Finance costs 1564000 8381000
(f) Depreciation, depletion and amortisation expense 610000 2434000
(f) Other Expenses
1 Other Expenses 10719000 32838000
Total other expenses 10719000 32838000
Total expenses 289250000 611825000
3 Total profit before exceptional items and tax 6898000 51566000
4 Exceptional items 0 0
5 Total profit before tax 6898000 51566000
6 Tax expense
7 Current tax -1626000 9774000
8 Deferred tax 744000 913000
9 Total tax expenses -882000 10687000
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 7780000 40879000
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 7780000 40879000
17 Other comprehensive income net of taxes 0 0
18 Total Comprehensive Income for the period 7780000 40879000
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 379364000 379364000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 179297000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.3 1.56
Diluted earnings (loss) per share from continuing operations 0.3 1.56
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 0.3 1.56
Diluted earnings (loss) per share from continuing and discontinued operations 0.3 1.56
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 29687000
Capital work-in-progress 174000
Investment property
Goodwill 0
Other intangible assets 0
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 0
Trade receivables, non-current 1000
Loans, non-current 41885000
Other non-current financial assets 5431000
Total non-current financial assets 47317000
Deferred tax assets (net)
Other non-current assets
Total non-current assets 77178000
2 Current assets
Inventories 234438000
Current financial asset
Current investments 0
Trade receivables, current 190578000
Cash and cash equivalents 3860000
Bank balance other than cash and cash equivalents 144153000
Loans, current 0
Other current financial assets 157000
Total current financial assets 338748000
Current tax assets (net)
Other current assets 14278000
Total current assets 587464000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 664642000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 379364000
Other equity 179297000
Total equity attributable to owners of parent 558661000
Non controlling interest
Total equity 558661000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 11354000
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 11354000
Provisions, non-current 0
Deferred tax liabilities (net) 48000
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 11402000
Current liabilities
Current financial liabilities
Borrowings, current 83302000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 2149000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 2149000
Other current financial liabilities 2516000
Total current financial liabilities 87967000
Other current liabilities 998000
Provisions, current 0
Current tax liabilities (Net) 5614000
Deferred government grants, Current
Total current liabilities 94579000
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 105981000
Total equity and liabilites 664642000
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)
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 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
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 Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 51566000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 8381000
Adjustments for decrease (increase) in inventories -134451000
Adjustments for decrease (increase) in trade receivables, current -57390000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -9882000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current -75000
Adjustments for other financial assets, current -16000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -5363000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 9000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 2434000
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 265000
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 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -196088000
Net cash flows from (used in) operations -144522000
Dividends received 0
Interest paid 0
Interest received -6625000
Income taxes paid (refund) 8120000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -159267000
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 543000
Proceeds from sales of investment property 3000
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 6625000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -41885000
Net cash flows from (used in) investing activities -35800000
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 -2131000
Repayments of borrowings 0
Payments of lease liabilities 0
Dividends paid 0
Interest paid 8381000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 348767000
Net cash flows from (used in) financing activities 338255000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 143188000
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 143188000
Cash and cash equivalents cash flow statement at beginning of period 4825000
Cash and cash equivalents cash flow statement at end of period 148013000





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 M/s Jain Kedia & sharma Yes 28-Feb-2026


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)
Mode of Fund Raising Rights Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 15-Oct-2024
Amount Raised 345815000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation
Comments of the Audit Committee after review NA
Comments of the auditors, if any NA
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Funding of capital expenditure towards installation of new Plant & Machinery NA 77000000 0 0 0 Parked in FD
2 Incremental working capital requirements NA 178700000 0 178700000 0
3 General Corporate Purpose NA 90115000 0 90115000 0


Signatory Details
Name of signatory Neeraj Sureshchandr Agarwal
Designation of person Managing Director
Place Ahmedabad
Date 29-May-2025




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 NARMADA AGROBASE LTD NEERAJ AGRAWAL MANAGING DIRECTOR, CFO & PROMOTER Remuneration Audit Committee Approval obtained 450000 4000 4000
2 NARMADA AGROBASE LTD NEERAJ AGRAWAL MANAGING DIRECTOR, CFO & PROMOTER Any other transaction LOAN TAKEN / (REPAY) Audit Committee Approval obtained 54000 2034000 2088000
3 NARMADA AGROBASE LTD NEERAJ AGRAWAL MANAGING DIRECTOR, CFO & PROMOTER Any other transaction RENT FROM FACTORY LAND Audit Committee Approval obtained 15000 15000 30000
4 NARMADA AGROBASE LTD SURESH CHANDRA GUPTA WHOLE-TIME DIRECTOR Remuneration Audit Committee Approval obtained 450000 640000 23000
5 NARMADA AGROBASE LTD SURESH CHANDRA GUPTA WHOLE-TIME DIRECTOR Any other transaction RENT FROM FACTORY LAND Audit Committee Approval obtained 15000 45000 60000
6 NARMADA AGROBASE LTD SURESH CHANDRA GUPTA WHOLE-TIME DIRECTOR Any other transaction LOAN TAKEN / (REPAY) Audit Committee Approval obtained 185000 9080000 9265000
7 NARMADA AGROBASE LTD POOJA AIDASANI INDEPENDENT DIRECTOR Any other transaction DIRECTOR SITTING FEES Audit Committee Approval obtained 24000 3000 24000
8 NARMADA AGROBASE LTD GANESH BHAVARLAL PRAJAPATI INDEPENDENT DIRECTOR Any other transaction DIRECTOR SITTING FEES Audit Committee Approval obtained 39000 117000 122000
9 NARMADA AGROBASE LTD NIDHI DINESHBHAI PATEL INDEPENDENT DIRECTOR Any other transaction DIRECTOR SITTING FEES Audit Committee Approval obtained 24000 148000 169000
10 NARMADA AGROBASE LTD GAURAV AGRAWAL INDEPENDENT DIRECTOR Any other transaction DIRECTOR SITTING FEES Audit Committee Approval obtained 42000 58000 95000
11 NARMADA AGROBASE LTD ABHISHEK AGRAWAL PROMOTER GROUP Any other transaction RENT FOR CORPORATE OFFICE Audit Committee Approval obtained 16000 12000 28000
12 NARMADA AGROBASE LTD NIDHI JAIN COMPANY SECRETERY Remuneration Audit Committee Approval obtained 120000 10000 30000
Total value of transaction during the reporting period 1434000