General information about company |
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|---|---|
| Scrip code | 540647 |
| NSE Symbol | GANGESSECU |
| MSEI Symbol | NOTLISTED |
| ISIN | INE335W01016 |
| Name of company | GANGES SECURITIES 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 | 14-May-2025 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 05-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 | 14-May-2025 18:00:00 |
| End date and time of board meeting | 14-May-2025 21:00:00 |
| 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 |
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-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 | |||
| (i) | Interest Income | 8418000 | 36823000 |
| (ii) | Dividend Income | 0 | 38479000 |
| (iii) | Rental Income | 0 | 0 |
| (iv) | Fees and commission Income | 0 | 0 |
| (v) | Net gain on fair value changes | 0 | 0 |
| (vi) | Net gain on derecognition of financial instruments under amortised cost category | 0 | 0 |
| (vii) | Sale of products (including Excise Duty) | 11615000 | 304524000 |
| (viii) | Sale of services | 0 | 0 |
| (ix) | Other revenue from operations | ||
| 1 | Rental Income | 647000 | 2522000 |
| Total other revenue from operations | 647000 | 2522000 | |
| Total Revenue From Operations | 20680000 | 382348000 | |
| Other income | 6636000 | 8866000 | |
| Total income | 27316000 | 391214000 | |
| 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 | -1231000 | 4241000 | |
| Employee benefit expense | 54443000 | 216865000 | |
| Finance costs | 65000 | 140000 | |
| Depreciation, depletion and amortisation expense | 4697000 | 10435000 | |
| Fees and commission expense | 819000 | 4013000 | |
| 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 | Other Expenses | 15328000 | 43436000 |
| 2 | Rent, Rate and Energy Cost | 2765000 | 26633000 |
| 3 | CONSUMPTION OF STORES, SPARES AND PACKING MATERIALS | 4578000 | 18573000 |
| Total other expenses | 22671000 | 88642000 | |
| Total expenses | 81464000 | 324336000 | |
| 3 | Total profit before exceptional items and tax | -54148000 | 66878000 |
| 4 | Exceptional items | 0 | -10186000 |
| 5 | Total profit before tax | -54148000 | 56692000 |
| 7 | Tax expense | ||
| 8 | Current tax | -7158000 | 16304000 |
| 9 | Deferred tax | -9884000 | -10233000 |
| 10 | Total tax expenses | -17042000 | 6071000 |
| 11 | Net Profit Loss for the period from continuing operations | -37106000 | 50621000 |
| 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 | 0 | 0 |
| 15 | Total profit (loss) for period | -37106000 | 50621000 |
| 16 | Other comprehensive income net of taxes | 89089000 | 1259618000 |
| 17 | Total Comprehensive Income for the period | 51983000 | 1310239000 |
| 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 | 100037000 | 100037000 | |
| 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 | -3.71 | 5.06 | |
| Diluted earnings per share from continuing operations | -3.71 | 5.06 | |
| 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 | -3.71 | 5.06 | |
| Diluted earnings per share | -3.71 | 5.06 | |
| 23 | Debt equity ratio | ||
| 24 | Debt service coverage ratio | ||
| 25 | Interest service coverage ratio | ||
| 26 | Disclosure of notes on financial results | ||
Remarks |
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|---|---|---|
| 23 | Debt equity ratio | |
| 24 | Debt service coverage ratio | |
| 25 | Interest service coverage ratio | |
Cash flow statement, indirect |
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|---|---|---|---|
| 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 | 56692000 | ||
| Adjustments for reconcile profit (loss) | |||
| Adjustments for finance costs | 140000 | ||
| Adjustments for decrease (increase) in inventories | 11180000 | ||
| Adjustments for decrease (increase) in trade receivables, current | -4943000 | ||
| Adjustments for decrease (increase) in trade receivables, non-current | 0 | ||
| Adjustments for decrease (increase) in other current assets | 76055000 | ||
| Adjustments for decrease (increase) in other non-current assets | 0 | ||
| Adjustments for other financial assets, non-current | 0 | ||
| Adjustments for other financial assets, current | 67824000 | ||
| Adjustments for other bank balances | 0 | ||
| Adjustments for increase (decrease) in trade payables, current | 5958000 | ||
| Adjustments for increase (decrease) in trade payables, non-current | 0 | ||
| Adjustments for increase (decrease) in other current liabilities | 786000 | ||
| Adjustments for increase (decrease) in other non-current liabilities | 0 | ||
| Adjustments for depreciation and amortisation expense | 10435000 | ||
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0 | ||
| Adjustments for provisions, current | 3203000 | ||
| Adjustments for provisions, non-current | 0 | ||
| Adjustments for other financial liabilities, current | 4544000 | ||
| 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 | -8009000 | ||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0 | ||
| Total adjustments for reconcile profit (loss) | 167173000 | ||
| Net cash flows from (used in) operations | 223865000 | ||
| Dividends received | 0 | ||
| Interest paid | 0 | ||
| Interest received | 0 | ||
| Income taxes paid (refund) | 10830000 | ||
| Other inflows (outflows) of cash | 0 | ||
| Net cash flows from (used in) operating activities | 213035000 | ||
| 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 | 15164000 | ||
| Proceeds from sales of investment property | 77883000 | ||
| Purchase of investment property | 253742000 | ||
| 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 | -191023000 | ||
| 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 | 0 | ||
| Payments of lease liabilities | 236000 | ||
| Dividends paid | 0 | ||
| Interest paid | 140000 | ||
| Income taxes paid (refund) | 0 | ||
| Other inflows (outflows) of cash | 0 | ||
| Net cash flows from (used in) financing activities | -376000 | ||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | 21636000 | ||
| 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 | 21636000 | ||
| Cash and cash equivalents cash flow statement at beginning of period | 5688000 | ||
| Cash and cash equivalents cash flow statement at end of period | 27324000 | ||
Statement of Asset and Liabilities |
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|---|---|---|---|
| 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 | Finanical Asset | ||
| Cash and cash equivalents | 27324000 | ||
| Bank Balance other than (a) above | 320651000 | ||
| Derivative financial instruments | 0 | ||
| Receivables | |||
| (I) Trade Receivables | 10223000 | ||
| (II) Other Receivables | 0 | ||
| Loans | 74800000 | ||
| Investments | 6672688000 | ||
| Other Financial assets | 14668000 | ||
| Total Financial Assets | 7120354000 | ||
| 2 | Non Financial Asset | ||
| Inventories | 16779000 | ||
| Current tax assets (Net) | 12031000 | ||
| Deferred tax Assets (Net) | 9586000 | ||
| Investment Property | 4254000 | ||
| Biological assets other than bearer plants | 279000 | ||
| Property, Plant and Equipment | 124791000 | ||
| Capital work-in-progress | 12095000 | ||
| Intangible assets under development | 0 | ||
| Goodwill | 9011000 | ||
| Other Intangible assets | 654000 | ||
| Other non-financial assets (to be specified) | 14865000 | ||
| Total Non Financial Assets | 204345000 | ||
| Total assets | 7324699000 | ||
| Equity and liabilities | |||
| 1 | Equity | ||
| Equity attributable to owners of parent | |||
| Equity share capital | 100037000 | ||
| Other equity | 6662536000 | ||
| Total equity attributable to owners of parent | 6762573000 | ||
| Non controlling interest | |||
| Total equity | 6762573000 | ||
| 2 | Liabilities | ||
| 2.1 | Financial Liabilities | ||
| (a) | Derivative financial instruments | 0 | |
| (b) | Payables | 0 | |
| (I)Trade Payables | |||
| (i) total outstanding dues of micro enterprises and small enterprises | 983000 | ||
| (ii) total outstanding dues of creditors other than micro enterprises and small enterprises | 7270000 | ||
| II) Other Payables | |||
| (i) total outstanding dues of micro enterprises and small enterprises | 0 | ||
| (ii) total outstanding dues of creditors other than micro enterprises and small enterprises | 0 | ||
| (C ) | Debt Securities | 0 | |
| (d) | Borrowings (Other than Debt Securities) | 0 | |
| (e) | Deposits | 0 | |
| (f) | Subordinated Liabilities | 0 | |
| (g) | Other financial liabilities | 32221000 | |
| Total Financial Liabilities | 40474000 | ||
| 2.2 | Non-Financial Liabilities | ||
| (a) | Current tax liabilities (Net) | 0 | |
| (b) | Provisions | 35501000 | |
| (C ) | Deferred tax liabilities (Net) | 482989000 | |
| (d) | Other non-financial liabilities | 3162000 | |
| Total Non Financial Liabilities | 521652000 | ||
| Total liabilities | 562126000 | ||
| Total equity and liabilites | 7324699000 | ||
| Disclosure of notes on assets and liabilities | |||
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-Jan-2025 | 01-Apr-2024 |
| B | 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 | Investing Business | 8418000 | 75302000 |
| 2 | Tea Business | 11615000 | 304524000 |
| Total Segment Revenue | 20033000 | 379826000 | |
| Less: Inter segment revenue | 0 | 0 | |
| Revenue from operations | 20033000 | 379826000 | |
| 2 | Segment Result | ||
| Profit (+) / Loss (-) before tax and interest from each segment | |||
| 1 | Investing Business | 3286000 | 58389000 |
| 2 | Tea Business | -56695000 | -406000 |
| Total Profit before tax | -53409000 | 57983000 | |
| i. Finance cost | 65000 | 140000 | |
| ii. Other Unallocable Expenditure net off Unallocable income | 674000 | 674000 | |
| Profit before tax | -54148000 | 56692000 | |
| 3 | (Segment Asset - Segment Liabilities) | ||
| Segment Asset | |||
| 1 | Investing Business | 7090438000 | 7090438000 |
| 2 | Tea Business | 185322000 | 185322000 |
| Total Segment Asset | 7275760000 | 7275760000 | |
| Un-allocable Assets | 48939000 | 48939000 | |
| Net Segment Asset | 7324699000 | 7324699000 | |
| 4 | Segment Liabilities | ||
| Segment Liabilities | |||
| 1 | Investing Business | 2563000 | 2563000 |
| 2 | Tea Business | 75572000 | 75572000 |
| Total Segment Liabilities | 78135000 | 78135000 | |
| Un-allocable Liabilities | 483991000 | 483991000 | |
| Net Segment Liabilities | 562126000 | 562126000 | |
| Disclosure of notes on segments | |||
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-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 | Items that will not be reclassified to Profit or Loss | 268214000 | 1558179000 |
| Total Amount of items that will not be reclassified to profit and loss | 268214000 | 1558179000 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 179222000 | 298662000 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Items that may be relassified to profit or loss | 130000 | 135000 |
| Total Amount of items that will be reclassified to profit and loss | 130000 | 135000 | |
| 4 | Income tax relating to items that will be reclassified to profit or loss | 33000 | 34000 |
| 5 | Total Other comprehensive income | 89089000 | 1259618000 |
Details of Impact of Audit Qualification |
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|---|---|
| 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 | J K V S & CO. | Yes | 30-Nov-2027 | ||
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Financial details |
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| Sr. | Particulars | Audited Figures (as reported before adjusting for qualifications) | Adjusted Figures (audited figures after adjusting for qualifications) |
| 1 | Turnover / Total income | ||
| 2 | Total Expenditure | ||
| 3 | Net Profit/(Loss) | ||
| 4 | Earnings Per Share | ||
| 5 | Total Assets | ||
| 6 | Total Liabilities | ||
| 7 | Net Worth | ||
Signatories details |
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| Name of CEO / Managing director | |
| Name of CFO | |
| Name of audit committee chairman | |
| Name of statutory auditor | |
| Name of other signatory, if any, with designation | |
| Place | |
| Date | |