Integrated Filing — IndAS



General information about company
Scrip Code 540952
NSE Symbol LAL
MSEI Symbol NOTLISTED
ISIN INE740X01023
Name of company Lorenzini Apparels 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 17-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 The Company does not have more than one reportable segment in terms of IND AS 108 hence segment wise reporting is not applicable.
Start date and time of board meeting 30-May-2025   16:30:00
End date and time of board meeting 30-May-2025   17:30:00
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 2024-09-06
Indicate Company website link for updated RPT policy of the Company https://monteil.in/policies/
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
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 139225000 634204000
Other income -53050000 34226000
Total income 86175000 668430000
2 Expenses
(a) Cost of materials consumed 30000 496000
(b) Purchases of stock-in-trade 60833000 327089000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 18442000 81541000
(d) Employee benefit expense 11528000 40711000
(e) Finance costs 2290000 11441000
(f) Depreciation, depletion and amortisation expense 5169000 23060000
(f) Other Expenses
1 Other expense 44935000 106554000
Total other expenses 44935000 106554000
Total expenses 143227000 590892000
3 Total profit before exceptional items and tax -57052000 77538000
4 Exceptional items 0 0
5 Total profit before tax -57052000 77538000
6 Tax expense
7 Current tax 2774000 23254000
8 Deferred tax 5848000 -4080000
9 Total tax expenses 8622000 19174000
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 -65674000 58364000
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 -65674000 58364000
17 Other comprehensive income net of taxes 341000 509000
18 Total Comprehensive Income for the period -65333000 58873000
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 172737000 172737000
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 303230000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -0.38 0.34
Diluted earnings (loss) per share from continuing operations -0.38 0.34
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 -0.38 0.34
Diluted earnings (loss) per share from continuing and discontinued operations -0.38 0.34
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 40066000
Capital work-in-progress
Investment property
Goodwill 0
Other intangible assets 569000
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 467000
Trade receivables, non-current
Loans, non-current 0
Other non-current financial assets
Total non-current financial assets 467000
Deferred tax assets (net) 5220000
Other non-current assets 12611000
Total non-current assets 58933000
2 Current assets
Inventories 404794000
Current financial asset
Current investments 134595000
Trade receivables, current 114506000
Cash and cash equivalents 1916000
Bank balance other than cash and cash equivalents 889000
Loans, current 8358000
Other current financial assets 0
Total current financial assets 260264000
Current tax assets (net)
Other current assets 2430000
Total current assets 667488000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 726421000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 172737000
Other equity 303230000
Total equity attributable to owners of parent 475967000
Non controlling interest
Total equity 475967000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 3423000
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 29903000
Total non-current financial liabilities 33326000
Provisions, non-current 2207000
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 35533000
Current liabilities
Current financial liabilities
Borrowings, current 78591000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 8566000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 65652000
Total Trade payable 74218000
Other current financial liabilities 10464000
Total current financial liabilities 163273000
Other current liabilities 28193000
Provisions, current 201000
Current tax liabilities (Net) 23254000
Deferred government grants, Current
Total current liabilities 214921000
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 250454000
Total equity and liabilites 726421000
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 0 0
3 Amount of items that will be reclassified to profit and loss
1 Re-measurement gain on defined benefit plans 341000 562000
2 Fair Market gain on Investment in Gold 115000 118000
3 Deferred tax relating to Above -115000 -171000
Total Amount of items that will be reclassified to profit and loss 341000 509000
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income 341000 509000



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 77538000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 11441000
Adjustments for decrease (increase) in inventories -82890000
Adjustments for decrease (increase) in trade receivables, current 2146000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 0
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current -7979000
Adjustments for other financial assets, current 1173000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -26306000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -23405000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 23060000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 1067000
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 421000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 22026000
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) 4893000
Other adjustments for non-cash items -32685000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -107880000
Net cash flows from (used in) operations -30342000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 19160000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -49502000
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 -3936000
Purchase of property, plant and equipment 0
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 0
Interest received 421000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -25379000
Net cash flows from (used in) investing activities -28894000
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 157500000
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 -50159000
Repayments of borrowings 0
Payments of lease liabilities 0
Dividends paid 0
Interest paid 11441000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -16317000
Net cash flows from (used in) financing activities 79583000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 1187000
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 1187000
Cash and cash equivalents cash flow statement at beginning of period 7029000
Cash and cash equivalents cash flow statement at end of period 8216000





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 Mittal & Associates Yes 29-Feb-2028


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 Lorenzini Apparels Limited Sandeep Jain Managing Director Remuneration 1200000 NA 1200000 0 0
2 Lorenzini Apparels Limited Sandeep Jain Director Advance NA 11547000 49000 0 Any other Advances Given 0.09 NA
3 Lorenzini Apparels Limited Sandeep Jain Director Any other transaction Advance Received Back NA 11596000 0 0
4 Lorenzini Apparels Limited Mr Button Private Limited Entity over which significant influence is excercised by the Company/key management personnal Sale of goods or services 500000000 NA 67103000 7012000 3002000
5 Lorenzini Apparels Limited Mr Button Private Limited Entity over which significant influence is excercised by the Company/key management personnal Purchase of goods or services 500000000 NA 777000 0 0
Total value of transaction during the reporting period 92223000