Integrated Filing — IndAS



General information about company
Scrip Code 512553
NSE Symbol ZENITHEXPO
MSEI Symbol NOTLISTED
ISIN INE058B01018
Name of company ZENITH EXPORTS 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 30-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 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 30-May-2025   11:45:00
End date and time of board meeting 30-May-2025   12:45:00
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
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? No
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
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
This is no any kind of provision for Default on Loans and Debt Securities is applicable to the entity for this year.



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 208900000 721000000
Other income 11600000 40700000
Total income 220500000 761700000
2 Expenses
(a) Cost of materials consumed 106200000 352500000
(b) Purchases of stock-in-trade 15700000 74600000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 10500000 13100000
(d) Employee benefit expense 20400000 86900000
(e) Finance costs 1800000 8400000
(f) Depreciation, depletion and amortisation expense 2100000 8200000
(f) Other Expenses
1 Processing Charges 10400000 35400000
2 Power & Fuel 2000000 8300000
3 Exchange fluctuation Loss/ (Gain) Net 0 0
4 Provision/ (Reversal) for Losses on Forward Contract mark to Market basis 0 0
5 Other Expenditure 56100000 195100000
Total other expenses 68500000 238800000
Total expenses 225200000 782500000
3 Total profit before exceptional items and tax -4700000 -20800000
4 Exceptional items 44800000 44800000
5 Total profit before tax 40100000 24000000
6 Tax expense
7 Current tax 0 0
8 Deferred tax 10100000 6900000
9 Total tax expenses 10100000 6900000
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 30000000 17100000
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 30000000 17100000
17 Other comprehensive income net of taxes 100000 100000
18 Total Comprehensive Income for the period 30100000 17200000
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 54000000 54000000
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 5.55 3.17
Diluted earnings (loss) per share from continuing operations 5.55 3.17
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 5.55 3.17
Diluted earnings (loss) per share from continuing and discontinued operations 5.55 3.17
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
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 111900000
Capital work-in-progress 0
Investment property 15100000
Goodwill 0
Other intangible assets 47100000
Intangible assets under development 0
Biological assets other than bearer plants 1100000
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 0
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 0
Total non-current financial assets 0
Deferred tax assets (net) 34400000
Other non-current assets 7400000
Total non-current assets 217000000
2 Current assets
Inventories 239400000
Current financial asset
Current investments 0
Trade receivables, current 176100000
Cash and cash equivalents 65100000
Bank balance other than cash and cash equivalents 222400000
Loans, current 0
Other current financial assets 11000000
Total current financial assets 474600000
Current tax assets (net) 3000000
Other current assets 74800000
Total current assets 791800000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 1008800000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 54000000
Other equity 765700000
Total equity attributable to owners of parent 819700000
Non controlling interest
Total equity 819700000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 200000
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
Total non-current financial liabilities 200000
Provisions, non-current 20900000
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 1000000
Total non-current liabilities 22100000
Current liabilities
Current financial liabilities
Borrowings, current 77400000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 465000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 55935000
Total Trade payable 56400000
Other current financial liabilities 14600000
Total current financial liabilities 148400000
Other current liabilities 15600000
Provisions, current 3000000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 167000000
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 189100000
Total equity and liabilites 1008800000
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 Silk Fabrics/ Made-ups 18900000 109900000
2 Industrial Leather Hand Gloves/ Made-ups 163000000 512100000
3 EOU-Silk Fabrics 27000000 99000000
4 Yarn 0 0
Total Segment Revenue 208900000 721000000
Less: Inter segment revenue 0 0
Revenue from operations 208900000 721000000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Silk Fabrics/ Made-ups 41500000 72000000
2 Industrial Leather Hand Gloves/ Made-ups 4600000 8400000
3 EOU-Silk Fabrics -4000000 -42600000
4 Yarn 600000 -1300000
Total Profit before tax 42700000 36500000
i. Finance cost 1800000 1800000
ii. Other Unallocable Expenditure net off Unallocable income 800000 800000
Profit before tax 40100000 24000000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Silk Fabrics/ Made-ups 424800000 424800000
2 Industrial Leather Hand Gloves/ Made-ups 310600000 310600000
3 EOU-Silk Fabrics 154500000 154500000
4 Yarn 118900000 118900000
Total Segment Asset 1008800000 1008800000
Un-allocable Assets 100000 100000
Net Segment Asset 1008900000 1008900000
4 Segment Liabilities
Segment Liabilities
1 Silk Fabrics/ Made-ups 62100000 62100000
2 Industrial Leather Hand Gloves/ Made-ups 48800000 48800000
3 EOU-Silk Fabrics 77700000 77700000
4 Yarn 100000 100000
Total Segment Liabilities 188700000 188700000
Un-allocable Liabilities 400000 400000
Net Segment Liabilities 189100000 189100000
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 Change in Fair value of FVOCI Investment in Mutual Fund 100000 100000
Total Amount of items that will not be reclassified to profit and loss 100000 100000
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 100000 100000



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 24000000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 8400000
Adjustments for decrease (increase) in inventories 39000000
Adjustments for decrease (increase) in trade receivables, current -32400000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -11400000
Adjustments for decrease (increase) in other non-current assets -1100000
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 10500000
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 8200000
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 0
Adjustments for dividend income 0
Adjustments for interest income 25600000
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 -46900000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -51300000
Net cash flows from (used in) operations -27300000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 3000000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -30300000
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 10200000
Other cash payments to acquire equity or debt instruments of other entities 10900000
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 29000000
Proceeds from sales of investment property 47900000
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 27100000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -85100000
Net cash flows from (used in) investing activities -39800000
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 -500000
Repayments of borrowings -22700000
Payments of lease liabilities 0
Dividends paid 0
Interest paid 8400000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 13800000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -56300000
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 -56300000
Cash and cash equivalents cash flow statement at beginning of period 121400000
Cash and cash equivalents cash flow statement at end of period 65100000





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 V. GOYAL & ASSOCIATES Yes 31-Jan-2027


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 ZENITH EXPORTS LIMITED SKL EXPORTS LIMITED ASSOCIATE COMPANY Any other transaction Purchase of goods/ job charges/sale of goods 21500000 NA 9786000 0 0
2 ZENITH EXPORTS LIMITED MIORI HOME INDIA PRIVATE LIMITED ASSOCIATE COMPANY Any other transaction Purchase of goods/ job charges/sale of goods 4000000 NA 1466000 0 0
3 ZENITH EXPORTS LIMITED CAPITAL LIMITED ASSOCIATE COMPANY Any other transaction Rent/Manpower charges 2700000 NA 1104000 0 0
4 ZENITH EXPORTS LIMITED A.C. ROY & CO PVT. LTD ASSOCIATE COMPANY Any other transaction Rent 3000000 NA 126000 0 0
5 ZENITH EXPORTS LIMITED PUROTECH SALES PVT. LTD ASSOCIATE COMPANY Any other transaction Loan Taken 10000000 NA 7772000 0 0
6 ZENITH EXPORTS LIMITED MRS. AKTA GUPTA LOYALKA WIFE OF MANAGING DIRECTOR Remuneration NA 521000 0 0
7 ZENITH EXPORTS LIMITED MR. SURENDRA KUMAR LOYALKA KEY MANAGEMENT PERSONNEL Remuneration NA 1908000 0 0
8 ZENITH EXPORTS LIMITED MR. VARUN LOYALKA KEY MANAGEMENT PERSONNEL Remuneration NA 761000 0 0
9 ZENITH EXPORTS LIMITED MR. RAJKUMAR LOYALKA KEY MANAGEMENT PERSONNEL Remuneration NA 1500000 0 0
10 ZENITH EXPORTS LIMITED MR. SUSHIL KUMAR KASERA KEY MANAGEMENT PERSONNEL Remuneration NA 210000 0 0
11 ZENITH EXPORTS LIMITED MRS. ANITA KUMARI GUPTA KEY MANAGEMENT PERSONNEL Remuneration NA 364000 0 0
Total value of transaction during the reporting period 25518000