Integrated Filing — IndAS



General information about company

Scrip Code 500890
NSE Symbol MODIRUBBER
MSEI Symbol NOTLISTED
ISIN INE832A01018
Name of company MODI RUBBER 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 23-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 Real Estate
Start date and time of board meeting 30-May-2025   11:00:00
End date and time of board meeting 30-May-2025   15:00:00
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 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 2022-08-12
Indicate Company website link for updated RPT policy of the Company https://modirubberlimited.com/wp-content/uploads/2023/09/Financials-Polices-Policy-on-materiality-of-RPT-and-on-dealing-with-RPT-1.pdf
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 12331000 39961000
Other income 10127000 304002000
Total income 22458000 343963000
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 10544000 42980000
(e) Finance costs 1577000 6518000
(f) Depreciation, depletion and amortisation expense 11318000 32512000
(f) Other Expenses
1 Other Expenses 66542000 231461000
Total other expenses 66542000 231461000
Total expenses 89981000 313471000
3 Total profit before exceptional items and tax -67523000 30492000
4 Exceptional items 0 0
5 Total profit before tax -67523000 30492000
6 Tax expense
7 Current tax -23632000 -6171000
8 Deferred tax 5392000 13067000
9 Total tax expenses -18240000 6896000
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 -49283000 23596000
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 -49283000 23596000
17 Other comprehensive income net of taxes -161016000 64942000
18 Total Comprehensive Income for the period -210299000 88538000
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 250405000 250405000
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 -1.97 0.94
Diluted earnings (loss) per share from continuing operations -1.97 0.94
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 -1.97 0.94
Diluted earnings (loss) per share from continuing and discontinued operations -1.97 0.94
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 2116278000
Capital work-in-progress 0
Investment property 0
Goodwill 0
Other intangible assets 26921000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 1214715000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 380242000
Total non-current financial assets 1594957000
Deferred tax assets (net) 0
Other non-current assets 31608000
Total non-current assets 3769764000
2 Current assets
Inventories 0
Current financial asset
Current investments 483298000
Trade receivables, current 4694000
Cash and cash equivalents 24852000
Bank balance other than cash and cash equivalents 0
Loans, current 9105000
Other current financial assets 138107000
Total current financial assets 660056000
Current tax assets (net) 57329000
Other current assets 39678000
Total current assets 757063000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 4526827000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 250405000
Other equity 3687290000
Total equity attributable to owners of parent 3937695000
Non controlling interest
Total equity 3937695000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 25000000
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 26420000
Total non-current financial liabilities 51420000
Provisions, non-current 0
Deferred tax liabilities (net) 308845000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 360265000
Current liabilities
Current financial liabilities
Borrowings, current 0
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 1112000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 74822000
Total Trade payable 75934000
Other current financial liabilities 23237000
Total current financial liabilities 99171000
Other current liabilities 129696000
Provisions, current 0
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 228867000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 589132000
Total equity and liabilites 4526827000
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
1 Other comprehensive income -161016000 64942000
Total Amount of items that will not be reclassified to profit and loss -161016000 64942000
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
5 Total Other comprehensive income -161016000 64942000



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 30492000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 6518000
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables, current 7589000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -13368000
Adjustments for decrease (increase) in other non-current assets 427000
Adjustments for other financial assets, non-current -31978000
Adjustments for other financial assets, current -1041000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 8632000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -11761000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 32512000
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 343000
Adjustments for other financial liabilities, non-current -637000
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 201160000
Adjustments for interest income 39829000
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 -48923000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -292676000
Net cash flows from (used in) operations -262184000
Dividends received 201160000
Interest paid 0
Interest received 39925000
Income taxes paid (refund) 51158000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -72257000
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 16123000
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 747707000
Purchase of other long-term assets 644894000
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 86690000
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 0
Payments of lease liabilities 4576000
Dividends paid 0
Interest paid 6518000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -11094000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 3339000
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 3339000
Cash and cash equivalents cash flow statement at beginning of period 21513000
Cash and cash equivalents cash flow statement at end of period 24852000





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 pnam & co Yes 30-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 Modi Rubber Ltd Spin Investment (India) Ltd. Subsidary Company Sale of goods or services 1200000 Ok 1200000 0 0
2 Modi Rubber Ltd Superior Investment (India) Ltd. Subsidary Company Sale of goods or services 1200000 Ok 1200000 0 0
3 Modi Rubber Ltd Asahi Modi Materials Pvt. Ltd. Joint Venture Sale of goods or services 4302000 Ok 4302000 0 0
4 Modi Rubber Ltd Asahi Modi Materials Pvt. Ltd. Joint Venture Purchase of goods or services 1525000 Ok 1525000 676000 696000
5 Modi Rubber Ltd Uniglobe Mod Travels Pvt. Ltd. Subsidary Company Sale of goods or services 900000 Ok 900000 0 0
6 Modi Rubber Ltd Mod Fashions and Securities Pvt. Ltd. Under same management Purchase of goods or services 798000 Ok 798000 1580000 862000
7 Modi Rubber Ltd Uniglobe Mod Travels Pvt. Ltd. Subsidary Company Purchase of goods or services 5825000 Ok 5825000 8736000 6321000
8 Modi Rubber Ltd Maple Bear Education Pvt. Ltd. Under same management Sale of goods or services 1392000 Ok 1392000 6901000 6901000
9 Modi Rubber Ltd Uniglobe Travel (South Asia) Pvt. Ltd. Under same management Sale of goods or services 0 Ok 0 26265000 26265000
10 Modi Rubber Ltd Piya Modi Whole Time Director Remuneration 2224000 Ok 2224000 0 0
11 Modi Rubber Ltd Kamal Gupta Chief Financial Officer Remuneration 3440000 Ok 3440000 0 0
12 Modi Rubber Ltd Kamal Gupta (HUF) Chief Financial Officer Remuneration 1196000 Ok 1196000 0 0
13 Modi Rubber Ltd Sanjeev Kumar Bajpai Company Secretary Remuneration 3976000 Ok 3976000 0 0
14 Modi Rubber Ltd Nadira Faraz Hamid Non Executive Independent Director Purchase of goods or services 15000 Ok 15000 0 0
15 Modi Rubber Ltd Tarun Agrawal Non Executive Independent Director Purchase of goods or services 40000 Ok 40000 0 0
16 Modi Rubber Ltd Umesh Khaitan Non Executive Independent Director Purchase of goods or services 25000 Ok 25000 0 0
17 Modi Rubber Ltd M/s Khaitan & Khaitan Common directors Purchase of goods or services 3448000 Ok 3448000 172000 172000
18 Modi Rubber Ltd Modi Marco Aldany Pvt Ltd Joint Controlled Entity Sale of goods or services 0 Ok 0 1199000 1199000
19 Modi Rubber Ltd Sunita Gupta Relative of related party Remuneration 1200000 Ok 1200000 0 0
Total value of transaction during the reporting period 32706000