Integrated Filing — IndAS



General information about company
Scrip Code 532821
NSE Symbol INDUSFILA
MSEI Symbol NOTLISTED
ISIN INE025I01012
Name of company INDUS FILA 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
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 Textile
Start date and time of board meeting 30-May-2025   17:30:00
End date and time of board meeting 30-May-2025   18:30:00
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 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. No
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
No loans or debt securities



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 0 0
Other income 1600000 1600000
Total income 1600000 1600000
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 0 0
(e) Finance costs 4631000 18030000
(f) Depreciation, depletion and amortisation expense 26000 26000
(f) Other Expenses
1 Other Expenses 1825000 6195000
Total other expenses 1825000 6195000
Total expenses 6482000 24251000
3 Total profit before exceptional items and tax -4882000 -22651000
4 Exceptional items 0 0
5 Total profit before tax -4882000 -22651000
6 Tax expense
7 Current tax 0 0
8 Deferred tax 237000 237000
9 Total tax expenses 237000 237000
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 -5119000 -22888000
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 -5119000 -22888000
17 Other comprehensive income net of taxes 0 0
18 Total Comprehensive Income for the period -5119000 -22888000
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 51084000 51084000
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 -1.22 -4.48
Diluted earnings (loss) per share from continuing operations -1.22 -4.48
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations -1.22 -4.48
Diluted earnings (loss) per share from discontinued operations -1.22 -4.48
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -2.44 -8.96
Diluted earnings (loss) per share from continuing and discontinued operations -2.44 -8.96
24 Debt equity ratio -0.0221 -0.0221
25 Debt service coverage ratio -0.0025 -0.0025
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 152000
Capital work-in-progress 0
Investment property 0
Goodwill 0
Other intangible assets 0
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 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) 2168000
Other non-current assets 1472000
Total non-current assets 3792000
2 Current assets
Inventories 0
Current financial asset
Current investments 0
Trade receivables, current 0
Cash and cash equivalents 1495000
Bank balance other than cash and cash equivalents 0
Loans, current 0
Other current financial assets 114340000
Total current financial assets 115835000
Current tax assets (net) 0
Other current assets 31005000
Total current assets 146840000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 150632000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 51084000
Other equity -158105000
Total equity attributable to owners of parent -107021000
Non controlling interest
Total equity -107021000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 217509000
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 1000000
Total non-current financial liabilities 218509000
Provisions, non-current 0
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 218509000
Current liabilities
Current financial liabilities
Borrowings, current 8908000
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 30040000
Total Trade payable 30040000
Other current financial liabilities 0
Total current financial liabilities 38948000
Other current liabilities 146000
Provisions, current 50000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 39144000
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 257653000
Total equity and liabilites 150632000
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 -22651000
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 0
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 0
Adjustments for other financial assets, current 51644000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 25280000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -13524000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 26000
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 -35875000
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 -1600000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 25951000
Net cash flows from (used in) operations 3300000
Dividends received 0
Interest paid -18030000
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 21330000
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 1700000
Purchase of property, plant and equipment 94000
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 1606000
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 6049000
Payments of lease liabilities 0
Dividends paid 0
Interest paid 18030000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -24079000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -1143000
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 -1143000
Cash and cash equivalents cash flow statement at beginning of period 2638000
Cash and cash equivalents cash flow statement at end of period 1495000





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 Tolwani & Associates Yes 18-Jan-2019


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income 1600000 1600000
2 Total Expenditure 24251000 24251000
3 Net Profit/(Loss) -22888000 -22888000
4 Earnings Per Share -4.48 -4.48
5 Total Assets 150633000 150633000
6 Total Liabilities 150633000 150633000
7 Net Worth -107021000 -107021000


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 Since how long continuing Textual Information(2) Textual Information(3) Textual Information(4) Textual Information(5)
2 Textual Information(6) Qualified opinion Since how long continuing Textual Information(7) Textual Information(8) Textual Information(9) Textual Information(10)
3 Textual Information(11) Qualified opinion Since how long continuing Textual Information(12) Textual Information(13) Textual Information(14) Textual Information(15)
4 Textual Information(16) Qualified opinion Since how long continuing Textual Information(17) Textual Information(18) Textual Information(19) Textual Information(20)
5 Textual Information(21) Qualified opinion Since how long continuing Textual Information(22) Textual Information(23) Textual Information(24) Textual Information(25)
6 Textual Information(26) Qualified opinion Since how long continuing Textual Information(27) Textual Information(28) Textual Information(29) Textual Information(30)
7 Textual Information(31) Qualified opinion Since how long continuing Textual Information(32) Textual Information(33) Textual Information(34) Textual Information(35)


Text Block
Textual Information(1) Reconstitution of Board: As mentioned in Note no 32.k of financial statements, all three directors of the nCompany are designated as Additional Directors. As the company is preparing for relisting, it is nimperative to reconstitute the board in accordance with regulatory requirements, however the same was nnot done during the current financial year 2024-25.
Textual Information(2) Due to technical issue the company could not update MCA records. Efforts are underway to update the same. Efforts are also underway for reconstitution of the board .
Textual Information(3) NA
Textual Information(4) NA
Textual Information(5) NA
Textual Information(6) Absence of Audit Committee: As mentioned in Note no 32.l of financial statements, The Company has nnot constituted an Audit Committee as mandated by Section 177 of the Companies Act, 2013, which raises nserious concerns regarding oversight and governance practices.
Textual Information(7) Efforts are also underway for reconstitution of the board and once done, the committees will also be constituted.
Textual Information(8) NA
Textual Information(9) NA
Textual Information(10) NA
Textual Information(11) Outstanding Charges: As mentioned in Note no 32.f of financial statements , Following Charges are noutstanding in the records of the Registrar of Companies remain unresolved, as satisfaction of charges is nyet to be filed, However as per NCLT order Dt.21/04/2022 there are no such outstanding balances as on ndate of the Audit report. The Company is taking necessary steps to resolve the said issue with the MCA. Charge ID 90197571 & 90201170. n
Textual Information(12) The Company is taking necessary steps to resolve the said issue with the MCA.
Textual Information(13) NA
Textual Information(14) NA
Textual Information(15) NA
Textual Information(16) Classification of Creditors: As mentioned in Note no 32.g of financial statements, the company does nnot have information on the status of its suppliers, whether they whether they are under the Micro, Small nor Medium category under the Micro, Small & Medium Enterprises Development Act, 2006. As a result, nthe amounts due or payable to creditors are not separately disclosed as required under the Companies nAct. Additionally, the company does not have information on whether its suppliers are registered under nthe Micro, Small & Medium Enterprises Development Act, 2006. Therefore, the management is unable to ncalculate the interest paid or payable under Section 23 of that Act.
Textual Information(17) Due to lack of response, the company is unable to ascertain this information from the creditors. Efforts are underway to ascertain the same.
Textual Information(18) NA
Textual Information(19) NA
Textual Information(20) NA
Textual Information(21) Listing Status of Company: As mentioned in Note no 32.h of financial statements, The Company nunderwent NCLT proceedings, resulting in irregularities in its listing status. Following the NCLT court norder, new promoters have taken over. The management is now engaged in compliance procedures to nmeet listing norms and relist the company on the stock exchanges once all requirements are fulfilled.
Textual Information(22) Efforts are underway to relist the company
Textual Information(23) NA
Textual Information(24) NA
Textual Information(25) NA
Textual Information(26) Minimum Public Shareholding (MPS) rule: As mentioned in Note no 12 of financial statements, The ncurrent listing status of the company is 'suspended' and hence it is not in position to adhered to the nMinimum Public Shareholding (MPS) rule, which requires at least 25% of outstanding equity shares to be nheld by the public. Compliance with this rule will be addressed once the company's listing status is nmodified to 'listed'.
Textual Information(27) This will be achieved as part of the relisting exercise and as per the instructions of stock exchange
Textual Information(28) NA
Textual Information(29) NA
Textual Information(30) NA
Textual Information(31) Disputed TDS Liability: As mentioned in Note no 32 (f) (b) of financial statements, there is a disputed nTDS liability of Rs 1,75,12,709 belonging to period before NCLT order. According to company this liability nis to be written off as per NCLT order, but the Income Tax department has yet not accepted the same. The ncompany is in process to file an appeal and quash the said demand
Textual Information(32) Efforts are underway to close this matter n
Textual Information(33) NA
Textual Information(34) NA
Textual Information(35) NA


Signatories detail
Name of CEO / Managing director Himmatsingh Dasrathsingh Sekhawat
Name of CFO -
Name of audit committee chairman -
Name of statutory auditor Tolwani & Associates
Name of other signatory, if any, with designation -
Place Maharashtra
Date 30-May-2025