Integrated Filing — IndAS



General information about company
Scrip Code 123456
NSE Symbol JALAN
MSEI Symbol NOTLISTED
ISIN INE349X01015
Name of company JALAN TRANSOLUTIONS (INDIA) 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 30-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 27-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Half Yearly
Reporting Quarter Yearly
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 LOGISTIC SERVICES ONLY
Start date and time of board meeting 30-May-2025   00:00:00
End date and time of board meeting 30-May-2025   00:00:00
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 Statement on impact of audit qualification
Whether the company has any related party? No
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? No
(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
SME EMERGE



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 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 2551000 7882000
Other income -4724000 9975000
Total income -2173000 17857000
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 162000 538000
(e) Finance costs 23168000 23335000
(f) Depreciation, depletion and amortisation expense 0 1068000
(f) Other Expenses
1 othrt expenses 1501000 1954000
2 cost of rendering services 2540000 9292000
Total other expenses 4041000 11246000
Total expenses 27371000 36187000
3 Total profit before exceptional items and tax -29544000 -18330000
4 Exceptional items 0 -458000
5 Total profit before tax -29544000 -18788000
6 Tax expense
7 Current tax 0 0
8 Deferred tax 0 0
9 Total tax expenses 0 0
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 -29544000 -18788000
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 -29544000 -18788000
17 Other comprehensive income net of taxes 0 0
18 Total Comprehensive Income for the period -29544000 -18788000
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 0 0
Face value of equity share capital 0 0
27 Details of debt securities
22 Reserves excluding revaluation reserve -564461000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -2.03 -1.29
Diluted earnings (loss) per share from continuing operations -2.03 -1.29
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 -2.03 -1.29
Diluted earnings (loss) per share from continuing and discontinued operations -2.03 -1.29
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 3. The company operates only in ane business segment viz. Logistics, hence segment wise reporting is not appliceble.



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 0
Capital work-in-progress 0
Investment property 0
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
Loans, non-current 0
Other non-current financial assets 233000
Total non-current financial assets 233000
Deferred tax assets (net)
Other non-current assets
Total non-current assets 233000
2 Current assets
Inventories 0
Current financial asset
Current investments 0
Trade receivables, current 4307000
Cash and cash equivalents 111000
Bank balance other than cash and cash equivalents 0
Loans, current 0
Other current financial assets 532000
Total current financial assets 4950000
Current tax assets (net)
Other current assets
Total current assets 4950000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 5183000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 145372000
Other equity -564461000
Total equity attributable to owners of parent -419089000
Non controlling interest
Total equity -419089000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 46300000
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 46300000
Provisions, non-current 0
Deferred tax liabilities (net) 5665000
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 51965000
Current liabilities
Current financial liabilities
Borrowings, current 304830000
Trade payables, 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 28748000
Total Trade payable 28748000
Other current financial liabilities 96000
Total current financial liabilities 333674000
Other current liabilities 28436000
Provisions, current 10197000
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 372307000
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 424272000
Total equity and liabilites 5183000
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 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-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 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 -18788000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables, current 2717000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 3699000
Adjustments for decrease (increase) in other non-current assets 746000
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 -9470000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 643000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 1068000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current -2104000
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 102000
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) -2803000
Net cash flows from (used in) operations -21591000
Dividends received 0
Interest paid -23335000
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 1744000
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 72270000
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 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities 72270000
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 50276000
Payments of lease liabilities 0
Dividends paid 0
Interest paid 23233000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -73509000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 505000
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 505000
Cash and cash equivalents cash flow statement at beginning of period -394000
Cash and cash equivalents cash flow statement at end of period 111000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Auditor's opinion Qualified 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
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 APT & CO LLP Yes 30-Apr-2027


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income 17857000 17857000
2 Total Expenditure 36186000 36186000
3 Net Profit/(Loss) -18787000 -18787000
4 Earnings Per Share -1.29 -1.29
5 Total Assets 5183000 5183000
6 Total Liabilities 424272000 424272000
7 Net Worth -419089000 -419089000


Audit qualification
Sr. Details of Audit Qualification Type of Audit Qualification Frequency of qualification For Audit Qualification(s) where the impact is quantified by the auditor For Audit Qualification(s) where the impact is not quantified by the auditor
Management's Views (i) Management's estimation on the impact of audit qualification (ii) If management is unable to estimate the impact, reasons for the same Auditors' Comments on (i) or (ii) above
1 Textual Information(1) Qualified opinion Repetitive Textual Information(2) Textual Information(3) Textual Information(4) Textual Information(5)
2 Textual Information(6) Qualified opinion Repetitive Textual Information(7) Textual Information(8) Textual Information(9) Textual Information(10)
3 Textual Information(11) Qualified opinion Whether appeared first time Textual Information(12) Textual Information(13) Textual Information(14) Textual Information(15)
4 Textual Information(16) Qualified opinion Repetitive Textual Information(17) Textual Information(18) Textual Information(19) Textual Information(20)


Text Block
Textual Information(1) The financial statements have been prepared on a going concern basis. However, the Company has a negative net worth of Rs. 4,190.89 lakhs as at 31st March 2025, and its current liabilities of Rs. 3,723.06 lakhs significantly exceed current assets of Rs. 49.50 lakhs, indicating severe financial stress. During the year, the Company was admitted into Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, At present, settlement has been executed between Company & Financial Creditor, Capital Trade Links Limited. Necessary application for withdrawn of CIRP has been filed with Honble NCLT, now Honble NCLT has reserved order in this matter. The Company has not made any repayments of principal or interest on its secured and unsecured borrowings, and significant amounts remain overdue. Further, substantial balances of trade creditors and other liabilities have not been confirmed or settled, and no supporting documentation has been provided. In addition, Union Bank of India auctioned certain secured assets during the year for loan recovery. The Company has also written off obsolete fixed assets from the books and sold certain vehicles. As a result, the Company does not hold any fixed assets as of the year-end. These conditions indicate the existence of a material uncertainty that may cast significant doubt on the Companys ability to continue as a going concern.
Textual Information(2) Not Applicable (Impact is not quantifiable)
Textual Information(3) Not quantifiable
Textual Information(4) During last few years, company is under severe financial crisis. In order to make it debt free and strengthen its operations, the company is in search of some new equity investment through preferential issue for which an application before NSE has already submitted.
Textual Information(5) Management Remarks are self-explanatory
Textual Information(6) During the financial year ended 31st March 2025, the Company wrote off obsolete fixed assets amounting to Rs. 4,57,599.01 and sold its vehicles. Additionally, fixed assets with a book value of Rs. 6,71,67,189 were auctioned by Union Bank of India in enforcement of their secured loan recovery. As a result, the Company does not hold any fixed assets in its books as at 31st March 2025. Since there are no fixed assets recorded as of the balance sheet date, we are unable to perform any verification regarding ownership, existence, or impairment of fixed assets. Consequently, we cannot comment on the completeness or recoverability of fixed assets for the prior periods
Textual Information(7) Not Applicable (Impact is not quantifiable)
Textual Information(8) Not quantifiable
Textual Information(9) (ii) All the assets, seized by Union Bank were auctioned by the Bank and no communication in respect with value of auction is received from the Bank therefore question of physical verification doesnt arise.:
Textual Information(10) Management Remarks are self-explanatory.
Textual Information(11) The Company has certain trade receivables as on date 31/03/2025. However, due to the absence of sufficient supporting evidence or third-party confirmations, we are unable to verify the existence, recoverability, and valuation of these receivables.
Textual Information(12) Not Applicable (Impact is not quantifiable)
Textual Information(13) Not quantifiable
Textual Information(14) Qualification relates to financial preparation process and impact of which is not quantifiable
Textual Information(15) Management Remarks are self-explanatory.
Textual Information(16) the Company has not established its internal financial control with reference to Financial Statements on criteria based on or considering the essential components of internal control stated in the Guidance Note n
Textual Information(17) Not Applicable (Impact is not quantifiable)
Textual Information(18) Not quantifiable
Textual Information(19) Qualification relates to financial preparation process and impact of which is not quantifiable
Textual Information(20) Management Remarks are self-explanatory.


Signatories detail
Name of CEO / Managing director MANISH JALAN
Name of CFO NOT APPLICABLE DUE TO CIRP
Name of audit committee chairman NOT APPLICABLE DUE TO CIRP
Name of statutory auditor CA DILIP KUMAR SINGH
Name of other signatory, if any, with designation SUDHANSHU GUPTA, RESOLUTION PROFESSIONAL
Place DELHI
Date 30-May-2025