Integrated Filing — IndAS



General information about company
Scrip Code 512237
NSE Symbol JAICORPLTD
MSEI Symbol NOTLISTED
ISIN INE070D01027
Name of company JAI CORP 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 19-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
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   17:04:00
End date and time of board meeting 30-May-2025   18:45:00
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-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 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 1353700000 5177000000
Other income 196100000 418400000
Total income 1549800000 5595400000
2 Expenses
(a) Cost of materials consumed 951800000 3560000000
(b) Purchases of stock-in-trade 5400000 10000000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -31200000 57800000
(d) Employee benefit expense 103800000 382200000
(e) Finance costs 600000 2100000
(f) Depreciation, depletion and amortisation expense 28300000 112900000
(f) Other Expenses
1 Other Expenses 221700000 640600000
Total other expenses 221700000 640600000
Total expenses 1280400000 4765600000
3 Total profit before exceptional items and tax 269400000 829800000
4 Exceptional items 0 0
5 Total profit before tax 269400000 829800000
6 Tax expense
7 Current tax 33400000 169600000
8 Deferred tax 1100000 -9300000
9 Total tax expenses 34500000 160300000
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 234900000 669500000
12 Profit (loss) from discontinued operations before tax -2800000 -4800000
13 Tax expense of discontinued operations -700000 -1200000
14 Net profit (loss) from discontinued operation after tax -2100000 -3600000
15 Share of profit (loss) of associates and joint ventures accounted for using equity method -100000 -1200000
16 Total profit (loss) for period 232700000 664700000
17 Other comprehensive income net of taxes -27200000 57100000
18 Total Comprehensive Income for the period 205500000 721800000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 232500000 665500000
Total profit or loss, attributable to non-controlling interests 200000 -800000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 205300000 722600000
Total comprehensive income for the period attributable to owners of parent non-controlling interests 200000 -800000
21 Details of equity share capital
Paid-up equity share capital 175500000 175500000
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 13880000000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1.32 3.78
Diluted earnings (loss) per share from continuing operations 1.32 3.78
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations -0.01 -0.02
Diluted earnings (loss) per share from discontinued operations -0.01 -0.02
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 1.31 3.76
Diluted earnings (loss) per share from continuing and discontinued operations 1.31 3.76
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) Notes to the financial results n n1 The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meeting held on 30th May 2025 n2 The consolidated financial results for the year ended 31st March 2025 does not include quarterly financial results financial information in respect of one of the associate companies, Urban Infrastructure Holding Private Limited, whose quarterly financial results financial information for the year ended 31st March 2025 is not available with the Company The same has been qualified by the Auditors in their report on the consolidated results n n3 Interest accrued and due of Rs. 2147 Lakh on Inter corporate deposits given by one of the subsidiaries of the Company in earlier years, which are overdue for substantial period of time and in respect of which the subsidiary has initiated legal proceedings. Management of the subsidiary company is of the view that the above receivables are good for recovery in view of value of the assets of the parties and commitment from the promoter of those parties and hence no provision for impairment is required against the above receivables The subsidiary company continues its efforts to recover these receivables. The same has been qualified by the Auditors in their report on the consolidated results. This qualification is coming from earlier years n nFor full notes please refer pdf file n



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 Consolidated
Assets
1 Non-current assets
Property, plant and equipment 894900000
Capital work-in-progress 2500000
Investment property 1025400000
Goodwill 85600000
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 6472900000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 41900000
Total non-current financial assets 6514800000
Deferred tax assets (net) 201500000
Other non-current assets 912300000
Total non-current assets 9637000000
2 Current assets
Inventories 2064400000
Current financial asset
Current investments 1624300000
Trade receivables, current 554900000
Cash and cash equivalents 42600000
Bank balance other than cash and cash equivalents 55400000
Loans, current 215500000
Other current financial assets 34700000
Total current financial assets 2527400000
Current tax assets (net) 0
Other current assets 442300000
Total current assets 5034100000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 14671100000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 175500000
Other equity 13880000000
Total equity attributable to owners of parent 14055500000
Non controlling interest 188800000
Total equity 14244300000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0
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 3600000
Total non-current financial liabilities 3600000
Provisions, non-current 100000
Deferred tax liabilities (net) 177700000
Deferred government grants, Non-current 0
Other non-current liabilities 100000
Total non-current liabilities 181500000
Current liabilities
Current financial liabilities
Borrowings, current 0
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 4900000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 20100000
Total Trade payable 25000000
Other current financial liabilities 115100000
Total current financial liabilities 140100000
Other current liabilities 91800000
Provisions, current 13100000
Current tax liabilities (Net) 300000
Deferred government grants, Current 0
Total current liabilities 245300000
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 426800000
Total equity and liabilites 14671100000
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 Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Steel 0 3000000
2 Plastic Processing 1325900000 5116500000
3 Spinning* 0 0
4 Real Estate 27800000 57500000
5 Others 0 0
Total Segment Revenue 1353700000 5177000000
Less: Inter segment revenue 0 0
Revenue from operations 1353700000 5177000000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Steel -3900000 -12000000
2 Plastic Processing 175800000 659800000
3 Spinning* -2800000 -4800000
4 Real Estate -5300000 -2000000
5 Others 19700000 59000000
Total Profit before tax 183500000 700000000
i. Finance cost 600000 600000
ii. Other Unallocable Expenditure net off Unallocable income -83600000 -83600000
Profit before tax 266500000 823800000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Steel 94800000 94800000
2 Plastic Processing 2113800000 2113800000
3 Spinning* 15900000 15900000
4 Real Estate 3857900000 3857900000
5 Others 1218500000 1218500000
Total Segment Asset 7300900000 7300900000
Un-allocable Assets 7370200000 7370200000
Net Segment Asset 14671100000 14671100000
4 Segment Liabilities
Segment Liabilities
1 Steel 19400000 19400000
2 Plastic Processing 174400000 174400000
3 Spinning* 1300000 1300000
4 Real Estate 224800000 224800000
5 Others 32800000 32800000
Total Segment Liabilities 452700000 452700000
Un-allocable Liabilities 162900000 162900000
Net Segment Liabilities 615600000 615600000
Disclosure of notes on segments Textual Information(2)



Text Block
Textual Information(2) Considered as Discontinuing Operations n nNotes to Consolidated Segment Information n n1 As per Indian Accounting Standard 108 Operating Segment Ind-AS 108 the Company has reported Segment Information as described below n na The Steel Segment includes production, processing and trading of Galvanised steel product. n nb The Plastic Processing Segment includes production of Woven Sacks Fabric Jumbo Bags Staple Fibre and Geotextiles n nc The Spinning Segment includes sales of Spun Yarn n nd The Real Estate Segment includes development of Land and Buildings n ne The business segment not separately reportable have been grouped under Others segment n nf Other Investments Assets and Income from the same are considered under Un-allocable n n2 Figures in respect of the previous year have been rearranged regrouped wherever necessary to make them comparable



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 Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Amount of items that will not be reclassified to profit and loss -28100000 57700000
Total Amount of items that will not be reclassified to profit and loss -28100000 57700000
2 Income tax relating to items that will not be reclassified to profit or loss -5100000 9100000
3 Amount of items that will be reclassified to profit and loss
1 Amount of items that will be reclassified to profit and loss -4200000 8800000
2 Share of Other Comprehensive Income in associates 0 -300000
Total Amount of items that will be reclassified to profit and loss -4200000 8500000
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income -27200000 57100000



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 829800000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0
Adjustments for decrease (increase) in inventories 82000000
Adjustments for decrease (increase) in trade receivables, current -48500000
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 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -35700000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 113600000
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 -13000000
Adjustments for dividend income 34400000
Adjustments for interest income 1300000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) -74600000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow -214300000
Other adjustments to reconcile profit (loss) -4800000
Other adjustments for non-cash items 500000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -230500000
Net cash flows from (used in) operations 599300000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 149500000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 449800000
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 4621500000
Other cash payments to acquire equity or debt instruments of other entities 3709000000
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 177800000
Purchase of property, plant and equipment 28000000
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 1300000
Interest received 33900000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 12900000
Net cash flows from (used in) investing activities 1110400000
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 1439200000
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 0
Dividends paid 89200000
Interest paid 1600000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -21400000
Net cash flows from (used in) financing activities -1551400000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 8800000
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 8800000
Cash and cash equivalents cash flow statement at beginning of period 33800000
Cash and cash equivalents cash flow statement at end of period 42600000





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 Chaturvedi & Shah LLP Yes 30-Jun-2026


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income 5595400000 5595400000
2 Total Expenditure 4765600000 4765600000
3 Net Profit/(Loss) 665500000 665500000
4 Earnings Per Share 3.76 3.76
5 Total Assets 14671100000 14671100000
6 Total Liabilities 615600000 615600000
7 Net Worth 14055500000 14055500000


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


Text Block


Signatories detail
Name of CEO / Managing director Gaurav Jain
Name of CFO Deepak Ojha
Name of audit committee chairman Kaushik Deva
Name of statutory auditor Lalit Mhalsekhar
Name of other signatory, if any, with designation Dinesh Paliwal Wholetime Director
Place Mumbai
Date 30-May-2025