Integrated Filing — IndAS



General information about company
Scrip Code 509048
NSE Symbol LANCORHOL
MSEI Symbol NOTLISTED
ISIN INE572G01025
Name of company LANCOR HOLDINGS 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 22-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 CONSTRUCTION
Start date and time of board meeting 30-May-2025   15:30:00
End date and time of board meeting 30-May-2025   23:55:00
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 2025-02-11
Indicate Company website link for updated RPT policy of the Company https://lancor.in/wp-content/uploads/2025/05/Policy-on-Related-Part-Transactions-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
There was no default on loans anf Debt securities during the reporting period



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 466678000 1845320000
Other income 8179000 18370000
Total income 474857000 1863690000
2 Expenses
(a) Cost of materials consumed 327808000 1146120000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -25518000 -751914000
(d) Employee benefit expense 38621000 131044000
(e) Finance costs 50173000 191544000
(f) Depreciation, depletion and amortisation expense 10752000 28406000
(f) Other Expenses
1 Land and Land related expenses 15328000 781619000
2 Other Expenses 46098000 193769000
Total other expenses 61426000 975388000
Total expenses 463262000 1720588000
3 Total profit before exceptional items and tax 11595000 143102000
4 Exceptional items 0 0
5 Total profit before tax 11595000 143102000
6 Tax expense
7 Current tax 3519000 40216000
8 Deferred tax -1359000 10885000
9 Total tax expenses 2160000 51101000
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 9435000 92001000
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 9435000 92001000
17 Other comprehensive income net of taxes 1715000 268000
18 Total Comprehensive Income for the period 11150000 92269000
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 145991000 145991000
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 172014000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.13 1.27
Diluted earnings (loss) per share from continuing operations 0.13 1.26
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 0.13 1.27
Diluted earnings (loss) per share from continuing and discontinued operations 0.13 1.26
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 182457000
Capital work-in-progress 2244000
Investment property 291722000
Goodwill 0
Other intangible assets 415000
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 48853000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 68632000
Total non-current financial assets 117485000
Deferred tax assets (net) 121495000
Other non-current assets 46771000
Total non-current assets 762589000
2 Current assets
Inventories 2691034000
Current financial asset
Current investments 0
Trade receivables, current 248912000
Cash and cash equivalents 87019000
Bank balance other than cash and cash equivalents 155000
Loans, current 0
Other current financial assets 133653000
Total current financial assets 469739000
Current tax assets (net) 2868000
Other current assets 101105000
Total current assets 3264746000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 4027335000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 145991000
Other equity 1859259000
Total equity attributable to owners of parent 2005250000
Non controlling interest
Total equity 2005250000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 594199000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 2240000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 10413000
Total Trade payable 12653000
Other non-current financial liabilities 7623000
Total non-current financial liabilities 614475000
Provisions, non-current 0
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 614475000
Current liabilities
Current financial liabilities
Borrowings, current 774943000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 21190000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 156506000
Total Trade payable 177696000
Other current financial liabilities 203680000
Total current financial liabilities 1156319000
Other current liabilities 219922000
Provisions, current 14910000
Current tax liabilities (Net) 16459000
Deferred government grants, Current 0
Total current liabilities 1407610000
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 2022085000
Total equity and liabilites 4027335000
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 -1715000 -268000
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 1715000 268000



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 143102000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 191544000
Adjustments for decrease (increase) in inventories -642639000
Adjustments for decrease (increase) in trade receivables, current -89626000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -13150000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 63348000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -71241000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -135573000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense -28452000
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 -7743000
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 -2480000
Adjustments for share-based payments -18192000
Adjustments for fair value losses (gains) 302000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 499000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 3163000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships -2063000
Total adjustments for reconcile profit (loss) -747343000
Net cash flows from (used in) operations -604241000
Dividends received 0
Interest paid 0
Interest received 1349000
Income taxes paid (refund) -15220000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -587672000
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 -58483000
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 -14100000
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 519000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities -43864000
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 554724000
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 1123159000
Repayments of borrowings 710001000
Payments of lease liabilities 0
Dividends paid 14551000
Interest paid 275232000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 1000000
Net cash flows from (used in) financing activities 679099000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 47563000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 29000
Net increase (decrease) in cash and cash equivalents 47592000
Cash and cash equivalents cash flow statement at beginning of period 39427000
Cash and cash equivalents cash flow statement at end of period 87019000





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 G M Kapadia and Company Yes 30-Apr-2027


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 LANCOR HOLDINGS LIMITED Central Park West Venture Joint Venture Loan 1672000 yes 1672000 12147000 13819000
2 LANCOR HOLDINGS LIMITED R. V. Shekar Managing Director Loan 15225000 yes 15225000 147735000 132510000
3 LANCOR HOLDINGS LIMITED S. Shridharan Director Interest paid 1047000 Yes 1047000 0 1047000
4 LANCOR HOLDINGS LIMITED Lancor Maintenance & Services Ltd Wholly owned subsidiary Any other transaction Reimbursements 1000 yes 1000 1170000 1169000
5 LANCOR HOLDINGS LIMITED Central Park West Venture Joint Venture Any other transaction Rental Income 600000 yes 600000 0 600000
6 LANCOR HOLDINGS LIMITED R V Shekar Managing Director Remuneration 1200000 yes 1200000 1200000 2400000
7 LANCOR CITY DEVELOPER LIMITED LANCOR HOLDINGS LIMITED Holding Company Interest paid 15475000 yes 15475000 0 15475000
8 LANCOR CITY DEVELOPER LIMITED LANCOR HOLDINGS LIMITED Holding Company Advance 181205000 Yes 181205000 0 181205000
9 LANCOR HOLDINGS LIMITED Central Park West Venture Joint Venture Any other transaction Interest 1302000 Yes 1302000 0 1302000
10 LANCOR HOLDINGS LIMITED LANCOR CITY DEVELOPER LIMITED Wholly owned subsidiary Sale of goods or services 50000000 Yes 50000000 0 50000000
11 LANCOR HOLDINGS LIMITED Lancor Maintenance & Services Ltd Wholly owned subsidiary Sale of goods or services 2316000 Yes 2316000 22336000 24652000
Total value of transaction during the reporting period 270043000