General information about company |
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|---|---|
| Scrip code | 539883 |
| NSE Symbol | PILANIINVS |
| MSEI Symbol | NOTLISTED |
| ISIN | INE417C01014 |
| Name of company | PILANI INVESTMENT AND INDUSTRIES CORPORATION LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-Apr-2025 |
| Date of end of financial year | 31-Mar-2026 |
| Date of board meeting when results were approved | 08-Aug-2025 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 31-Jul-2025 |
| Description of presentation currency | INR (in Actuals) |
| Reporting Type | Quarterly |
| Reporting Quarter | First quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |
| Segment Reporting | Single segment |
| Description of single segment | NON BANKING FINANCE COMPANY |
| Start date and time of board meeting | 08-Aug-2025 17:30:00 |
| End date and time of board meeting | 08-Aug-2025 18:15:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
Financial Results — NBFC |
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|---|---|---|---|
| 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-Apr-2025 | 01-Apr-2025 |
| B | Date of end of reporting period | 30-Jun-2025 | 30-Jun-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| 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 | |||
| (i) | Interest Income | 488040000 | 488040000 |
| (ii) | Dividend Income | 9000 | 9000 |
| (iii) | Rental Income | 2929000 | 2929000 |
| (iv) | Fees and commission Income | 0 | 0 |
| (v) | Net gain on fair value changes | 4824000 | 4824000 |
| (vi) | Net gain on derecognition of financial instruments under amortised cost category | 0 | 0 |
| (vii) | Sale of products (including Excise Duty) | 0 | 0 |
| (viii) | Sale of services | 0 | 0 |
| (ix) | Other revenue from operations | ||
| 1 | Others | 1074000 | 1074000 |
| Total other revenue from operations | 1074000 | 1074000 | |
| Total Revenue From Operations | 496876000 | 496876000 | |
| Other income | 0 | 0 | |
| Total income | 496876000 | 496876000 | |
| 2 | Expenses | ||
| Cost of materials consumed | 0 | 0 | |
| Purchases of stock-in-trade | 0 | 0 | |
| Changes in inventories of finished goods, work-in-progress and stock-in-trade | 0 | 0 | |
| Employee benefit expense | 16004000 | 16004000 | |
| Finance costs | 399276000 | 399276000 | |
| Depreciation, depletion and amortisation expense | 799000 | 799000 | |
| Fees and commission expense | 0 | 0 | |
| Net loss on fair value changes | 0 | 0 | |
| Net loss on derecognition of financial instruments under amortised cost category | 0 | 0 | |
| Impairment on financial instruments | 0 | 0 | |
| (f) | Other expenses | ||
| 1 | Building Maintenance and Service Charge | 3318000 | |
| 2 | Others | 16312000 | |
| Total other expenses | 19630000 | 19630000 | |
| Total expenses | 435709000 | 435709000 | |
| 3 | Total profit before exceptional items and tax | 61167000 | 61167000 |
| 4 | Exceptional items | 0 | 0 |
| 5 | Total profit before tax | 61167000 | 61167000 |
| 7 | Tax expense | ||
| 8 | Current tax | 17150000 | 17150000 |
| 9 | Deferred tax | -125000 | -125000 |
| 10 | Total tax expenses | 17025000 | 17025000 |
| 11 | Net Profit Loss for the period from continuing operations | 44142000 | 44142000 |
| 12 | Profit (loss) from discontinued operations before tax | 0 | 0 |
| 13 | Tax expense of discontinued operations | 0 | 0 |
| 17 | Net profit (loss) from discontinued operation after tax | 0 | 0 |
| 14 | Share of profit (loss) of associates and joint ventures accounted for using equity method | -84343000 | -84343000 |
| 15 | Total profit (loss) for period | -40201000 | -40201000 |
| 16 | Other comprehensive income net of taxes | 9643278000 | 9643278000 |
| 17 | Total Comprehensive Income for the period | 9603077000 | 9603077000 |
| 18 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 19 | 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 | |||
| 20 | Details of equity share capital | ||
| Paid-up equity share capital | 110723000 | 110723000 | |
| Face value of equity share capital | 10 | 10 | |
| 21 | Reserves excluding revaluation reserve | ||
| 22 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings per share from continuing operations | -3.63 | -3.63 | |
| Diluted earnings per share from continuing operations | -3.63 | -3.63 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings per share from discontinued operations | 0 | 0 | |
| Diluted earnings per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings per share | -3.63 | -3.63 | |
| Diluted earnings per share | -3.63 | -3.63 | |
| 23 | Debt equity ratio | ||
| 24 | Debt service coverage ratio | ||
| 25 | Interest service coverage ratio | ||
| 26 | Disclosure of notes on financial results | Textual Information(1) | |
Remarks |
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| 23 | Debt equity ratio | |
| 24 | Debt service coverage ratio | |
| 25 | Interest service coverage ratio | |
Text Block |
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| Textual Information(1) | 1. These consolidated financial results of Pilani Investment and Industries Corporation Limited (the Parent Company) have been prepared in accordance with the recognition and measurement principles of Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and pursuant to the provisions of Regulation 33 and 52 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended. 2. The Consolidated Financial Results include the results of the Parent Company and its two subsidiaries (together referred to as the Group) and an Associate Company. 3. The above results have been reviewed by the Audit Committee and approved by the Board of Directors of the Parent Company at their respective Meetings held on 8th August, 2025. The Joint Statutory Auditors of the Parent Company have carried out review of the aforesaid results. 4. The shareholders of the Parent Company had approved final dividend of Rs.15/- per Equity Share of Rs.10/- each fully paid up for the year ended 31st March, 2025 at its 78th Annual General meeting held on 30th June, 2025 and the same has since been paid by the Parent Company. 5. The main business of the Group is investment and financing activities in India and accordingly there are no separate reportable segments as per IND AS 108 Operating Segments. 6. The Parent Company's application to Reserve Bank of India (RBI) for conversion from Non- Banking Financial Company to Core Investment Company has since been approved by RBI and the Parent Company has received fresh Certificate of Registration as a Core Investment Company dated 27th May, 2025. 7. Additional information pursuant to Regulation 52(4) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended for the quarter and year ended 31st March, 2025. (consolidated): | ||
Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results |
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| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-Apr-2025 | 01-Apr-2025 |
| B | Date of end of reporting period | 30-Jun-2025 | 30-Jun-2025 |
| Whether accounts are audited or unaudited | Unaudited | Unaudited | |
| Nature of report standalone or consolidated | Consolidated | Consolidated | |
| 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 | |||
| Net Segment Asset | |||
| 4 | Segment Liabilities | ||
| Segment Liabilities | |||
| Total Segment Liabilities | |||
| Un-allocable Liabilities | |||
| Net Segment Liabilities | |||
| Disclosure of notes on segments | Textual Information(1) | ||
Text Block |
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| Textual Information(1) | SL. No Particulars Quarter Ended Year Ended 30-Jun-25 31-Mar-25 30-Jun-24 31-Mar-25 (a) Debt-Equity Ratio (In times) Debt/Net Worth [Debt is Long Term Borrowing (current and non-current portion), Short Term Borrowing and Lease Liabilities] 0.11 0.12 0.05 0.12 (b) Debt Service Coverage Ratio (In times) Earnings before Interest, Depreciation and Tax (EBITA) / Interest Expense on long term & short term borrowings, including lease liabilities for the period + Scheduled Principal repayment of long term borrowings, including lease liabilities during the period N. A (c) Interest Service Coverage Ratio Earnings before Interest and Tax (EBIT) / Interest Expense for the period N. A (d) 1 Outstanding redeemable preference shares (quantity) N I L N I L N I L N I L (d) 2 Outstanding redeemable preference shares (value) N I L N I L N I L N I L (e) Capital redemption reserve (Rs. in Lakhs) N I L N I L N I L N I L (f) Debenture redemption reserve (Rs. in Lakhs) N I L N I L N I L N I L (g) Net Worth (Rs, in Lakhs) 1692484.43 1598008.67 1692598.71 1598008.67 (h) Net Profit after tax from continuing & discontinued operations (Rs. in Lakhs) (402.01) (2,508.92) 3250.89 9848.28 (i) Basic & diluted earnings per share - Continuing operations (3.63) (22.66) 29.36 88.95 (j) Basic & diluted earnings per share - Discontinued operations - - - - (k) Current Ratio (In times) Current Assets / Current Liabilities 0.99 1.00 2.64 1.00 (l) Long term debt to Working Capital (In times) Long Term Borrowings (incl.Current Maturities and Lease Liabilities) / (Current Assets-Current Liabilities) - - - - (m) Bad debts to Accounts Receivable ratio (%) (not annualized) Bad debts / Average Accounts Receivable - - - - (n) Current Liability Ratio (In times) Current Liabilities / Total Liabilities 0.55 0.58 0.44 0.58 (o) Total Debts to Total Assets (In times) (Long term Borrowings + Short Term Borrowings + Current Maturities of Long Term Borrowings + Lease Liabilities) / Total Assets 0.09 0.10 0.05 0.10 (p) Debtors turnover (in times) (not annualized) Revenue / Average Accounts Receivable 99.36 134.03 177.88 662.45 (q) Inventory turnover (in times) (not annualized) Cost of goods sold / Average Inventory (excluding Real Estate Inventory) N. A (r) Operating margin (%) Operating Profit / Revenue 12.31% 43.03% 64.86% 67.68% (s) Net profit Margin (%) Net Profit / Revenue (8.09%) (44.31%) 52.64% 32.59% (t) Sector specific ratio N I L N I L N I L N I L i Gross NPA N I L N I L N I L N I L ii Net NPA N I L N I L N I L N I L iii Provision coverage ratio 0.40% 0.40% 0.40% 0.40% b. The details of Commercial Paper (CP) repayment and outstanding: ISIN Due date of Payment Actual date of Payment* Rs. In Lakhs INE417C14876 23.05.2025 23.05.2025 30000 INE417C14884 27.05.2025 27.05.2025 7500 INE417C14900 04.06.2025 04.06.2025 7500 INE417C14918 12.06.2025 12.06.2025 10000 INE417C14942 19.06.2025 19.06.2025 5000 INE417C14926 20.06.2025 20.06.2025 17500 INE417C14850 21.01.2026 Not due as on 30.06.2025 5000 INE417C14868 06.02.2026 Not due as on 30.06.2025 27500 INE417C14892 16.10.2025 Not due as on 30.06.2025 7500 INE417C14934 12.03.2026 Not due as on 30.06.2025 5000 INE417C14959 22.08.2025 Not due as on 30.06.2025 30000 INE417C14967 26.08.2025 Not due as on 30.06.2025 5000 INE417C14975 03.09.2025 Not due as on 30.06.2025 5000 INE417C14983 11.09.2025 Not due as on 30.06.2025 7500 INE417C14991 15.09.2025 Not due as on 30.06.2025 22500 * Since the interest (discount) on CPs is prepaid at the time of issue of respective CPs, the due date of payment of interest (discount) and actual date of payment of interest (discount) are not applicable. c. Name of the Credit Rating Agency Rating (Short Term) Rating (Long Term) CARE CARE A1+ - CRISIL CRISIL A1+ CRISIL AA+/STABLE 8 The statement includes the result for the quarter ended 31st March, 2025 being the balancing figure between audited figures in respect of full financial year ended 31st March, 2025 and the unaudited year to date figures upto third quarter ended 31st December, 2024 which was subject to limited review. The limited review of quarter ended 30th June, 2024 was carried out by the predecessor auditor. 9 Previous period figures have been regrouped/reclassified wherever necessary to make them comparable with those of current period. | ||
Other Comprehensive Income |
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|---|---|---|---|
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-Apr-2025 | 01-Apr-2025 |
| B | Date of end of reporting period | 30-Jun-2025 | 30-Jun-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| 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 | -11228748000 | -11228748000 |
| 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 | 1585470000 | 1585470000 |
| 5 | Total Other comprehensive income | 9643278000 | 9643278000 |