Integrated Filing — IndAS



General information about company
Scrip Code 532324
NSE Symbol CINEVISTA
MSEI Symbol NOTLISTED
ISIN INE039B01026
Name of company CINEVISTA 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 21-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Half Yearly
Reporting Quarter Yearly
Nature of report standalone or consolidated Consolidated
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   14:00:00
End date and time of board meeting 30-May-2025   20:10:00
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



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 Consolidated Consolidated
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 115009000 115435000
Other income 419000 1399000
Total income 115428000 116834000
2 Expenses
(a) Cost of materials consumed 50267000 52628000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 167646000 167646000
(d) Employee benefit expense 9363000 17620000
(e) Finance costs 18785000 37646000
(f) Depreciation, depletion and amortisation expense 971000 1571000
(f) Other Expenses
1 Rent Rates & Taxes 1567000 2926000
2 Professional Fees 7571000 8514000
3 Business Promotion expenses 680000 2022000
4 Repair & maintenance 731000 781000
5 Office & Admin Expenses 3070000 3633000
6 Listing & Compliance exp 614000 1262000
7 Advertisement, Marketing and Publicity 198000 1458000
8 Motor Car Expenses 474000 778000
9 Balances Written off 36743000 36675000
Total other expenses 51648000 58049000
Total expenses 298680000 335160000
3 Total profit before exceptional items and tax -183252000 -218326000
4 Exceptional items 0 0
5 Total profit before tax -183252000 -218326000
6 Tax expense
7 Current tax 0 0
8 Deferred tax 97862000 97862000
9 Total tax expenses 97862000 97862000
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 -281114000 -316188000
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 -281114000 -316188000
17 Other comprehensive income net of taxes 0 0
18 Total Comprehensive Income for the period -281114000 -316188000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0 0
Total profit or loss, attributable to non-controlling interests 0 0
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0 0
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0 0
21 Details of equity share capital
Paid-up equity share capital 114873000 114873000
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve -516859000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0 0
Diluted earnings (loss) per share from continuing operations 0 0
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 0
Diluted earnings (loss) per share from continuing and discontinued operations 0 0
24 Debt equity ratio 0 0.0213
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1.tThe above is an extract of the detailed format of Consolidated audited Financial Results that will be filed with the Stock Exchanges under regulations of 33 of SEBI (Listing and Disclosure Requirements Regulations, 2015) The detailed Financial Results and this extracts were reviewed by the audit committee and approved at the meeting of Board of Directors of the Company held on 30-05-2025. The full format of the statement of Consolidated Results will be available on the Company's website (www.cinevistaas.com), and on the website of National Stock Exchange of India (www.nseindia.com) & BSE Limited (www.bseindia.com). n2.tThe statement has been prepared in accordance with the Companies (Indian Accounting Standard) Rules, 2015 (Ind AS) prescribed under section n133 of the Company's Act, 2013 and other recognised accounting practices and policies to the extent applicable. n3. We have realised revenue from Real Estate Business & Media Business. We have disclosed the segment reporting as per Accounting Standard AS-17 on segment reporting requirement. n4. Previous year's figures have been regrouped/reclassified wherever necessary. n5. The Real estate development has been started as per the JDA with K Raheja Corp Real Estate Private Limited on the plot of land situated at Kanjurmarg, Mumbai. n6. The Company is expected to fetch substaintial revenue from Youtube channel in next 2 -3 years. n7. The Consolidated Profit and Loss includes figures of subsidiary companies i.e. Cinevista Eagle Plus Media Pvt. Ltd. and Chimera Entertainment Pvt. Ltd. and Associate Company - Heritage Productions Pvt. Ltd. which are taken from audited accounts of the said companies. n n



Remarks
Debt equity ratio Debt will be repaid in next 3 to 5 years from future cashflows. All the ratios will improve
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 Consolidated
Assets
1 Non-current assets
Property, plant and equipment 18210000
Capital work-in-progress 16128000
Investment property 0
Goodwill 0
Other intangible assets 209027000
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 6000
Trade receivables, non-current 0
Loans, non-current 393000
Other non-current financial assets 0
Total non-current financial assets 399000
Deferred tax assets (net) 93594000
Other non-current assets 0
Total non-current assets 337358000
2 Current assets
Inventories 1077005000
Current financial asset
Current investments 0
Trade receivables, current 56000
Cash and cash equivalents 532000
Bank balance other than cash and cash equivalents 10018000
Loans, current 0
Other current financial assets
Total current financial assets 10606000
Current tax assets (net) 0
Other current assets 30969000
Total current assets 1118580000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 1455938000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 117827000
Other equity 387373000
Total equity attributable to owners of parent 505200000
Non controlling interest 0
Total equity 505200000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 245759000
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 245759000
Provisions, non-current 0
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 245759000
Current liabilities
Current financial liabilities
Borrowings, current 4867000
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 7765000
Total Trade payable 7765000
Other current financial liabilities
Total current financial liabilities 12632000
Other current liabilities 692347000
Provisions, current 0
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 704979000
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 950738000
Total equity and liabilites 1455938000
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block
Textual Information(1) 1.tThe above is an extract of the detailed format of Consolidated audited Financial Results that will be filed with the Stock Exchanges under regulations of 33 of SEBI (Listing and Disclosure Requirements Regulations, 2015) The detailed Financial Results and this extracts were reviewed by the audit committee and approved at the meeting of Board of Directors of the Company held on 30-05-2025. The full format of the statement of Consolidated Results will be available on the Company's website (www.cinevistaas.com), and on the website of National Stock Exchange of India (www.nseindia.com) & BSE Limited (www.bseindia.com). n2.tThe statement has been prepared in accordance with the Companies (Indian Accounting Standard) Rules, 2015 (Ind AS) prescribed under section n133 of the Company's Act, 2013 and other recognised accounting practices and policies to the extent applicable. n3. We have realised revenue from Real Estate Business & Media Business. We have disclosed the segment reporting as per Accounting Standard AS-17 on segment reporting requirement. n4. Previous year's figures have been regrouped/reclassified wherever necessary. n5. The Real estate development has been started as per the JDA with K Raheja Corp Real Estate Private Limited on the plot of land situated at Kanjurmarg, Mumbai. n6. The Company is expected to fetch substaintial revenue from Youtube channel in next 2 -3 years. n7. The Consolidated Profit and Loss includes figures of subsidiary companies i.e. Cinevista Eagle Plus Media Pvt. Ltd. and Chimera Entertainment Pvt. Ltd. and Associate Company - Heritage Productions Pvt. Ltd. which are taken from audited accounts of the said companies. n n



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 Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Real Estate Project 114605000 114605000
2 Media 404000 830000
Total Segment Revenue 115009000 115435000
Less: Inter segment revenue
Revenue from operations 115009000 115435000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Real Estate Project 70394000 70394000
2 Media -222241000 -252473000
Total Profit before tax -151847000 -182079000
i. Finance cost 9235000 9235000
ii. Other Unallocable Expenditure net off Unallocable income -280000 -280000
Profit before tax -160802000 -218326000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Real Estate Project 1077005000 1077005000
2 Media 248406000 248406000
Total Segment Asset 1325411000 1325411000
Un-allocable Assets 130527000 130527000
Net Segment Asset 1455938000 1455938000
4 Segment Liabilities
Segment Liabilities
1 Real Estate Project 687595000 687595000
2 Media 263143000 263143000
Total Segment Liabilities 950738000 950738000
Un-allocable Liabilities 505200000 505200000
Net Segment Liabilities 1455938000 1455938000
Disclosure of notes on segments Textual Information(2)



Text Block
Textual Information(2) 1.tThe above is an extract of the detailed format of Consolidated audited Financial Results that will be filed with the Stock Exchanges under regulations of 33 of SEBI (Listing and Disclosure Requirements Regulations, 2015) The detailed Financial Results and this extracts were reviewed by the audit committee and approved at the meeting of Board of Directors of the Company held on 30-05-2025. The full format of the statement of Consolidated Results will be available on the Company's website (www.cinevistaas.com), and on the website of National Stock Exchange of India (www.nseindia.com) & BSE Limited (www.bseindia.com). n2.tThe statement has been prepared in accordance with the Companies (Indian Accounting Standard) Rules, 2015 (Ind AS) prescribed under section n133 of the Company's Act, 2013 and other recognised accounting practices and policies to the extent applicable. n3. We have realised revenue from Real Estate Business & Media Business. We have disclosed the segment reporting as per Accounting Standard AS-17 on segment reporting requirement. n4. Previous year's figures have been regrouped/reclassified wherever necessary. n5. The Real estate development has been started as per the JDA with K Raheja Corp Real Estate Private Limited on the plot of land situated at Kanjurmarg, Mumbai. n6. The Company is expected to fetch substaintial revenue from Youtube channel in next 2 -3 years. n7. The Consolidated Profit and Loss includes figures of subsidiary companies i.e. Cinevista Eagle Plus Media Pvt. Ltd. and Chimera Entertainment Pvt. Ltd. and Associate Company - Heritage Productions Pvt. Ltd. which are taken from audited accounts of the said companies. n n



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 Consolidated Consolidated
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 Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax -218326000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0
Adjustments for decrease (increase) in inventories 167646000
Adjustments for decrease (increase) in trade receivables, current -16000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -10252000
Adjustments for decrease (increase) in other non-current assets 67036000
Adjustments for other financial assets, non-current -4000
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -6035000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -14035000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 1571000
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 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 415000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 206326000
Net cash flows from (used in) operations -12000000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -12000000
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 3797000
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 -3797000
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 9258000
Repayments of borrowings 0
Payments of lease liabilities 0
Dividends paid 0
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 9258000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -6539000
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 -6539000
Cash and cash equivalents cash flow statement at beginning of period 17090000
Cash and cash equivalents cash flow statement at end of period 10551000





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 RAJ NIRANJAN ASSOCIATES Yes 31-Dec-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 116834000 116834000
2 Total Expenditure 433022000 433022000
3 Net Profit/(Loss) -316188000 -316188000
4 Earnings Per Share 0 0
5 Total Assets 1455938000 1455938000
6 Total Liabilities 950738000 950738000
7 Net Worth 505200000 505200000


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)


Text Block
Textual Information(1) The Company has not carried out any impairment on intangible assets as required by Indian Accounting Standard (Ind AS 36). Since we are not technically qualified to value such intangible assets and in absence of any documents for realizable value of such intangible assets, we are unable to determine whether any adjustment to intangible assets was necessary. n
Textual Information(2) n1) According to the management of the Company, impairment of the intangible assets is not necessary at this stage as the management of the Company is hopeful of generating income in future by monetization of these assets across different avenues and streams available. n n
Textual Information(3) NIL
Textual Information(4) NIL
Textual Information(5) AS STATED ABOVE


Signatories detail
Name of CEO / Managing director SUNIL MEHTA
Name of CFO VIJAY SINGH PHOOLKA
Name of audit committee chairman MAHRUKH SHAVAK CHIKLIWALA
Name of statutory auditor RAJ NIRANJAN ASSOCIATES
Name of other signatory, if any, with designation
Place MUMBAI
Date 30-May-2025