| Scrip code | 000000 |
|---|---|
| NSE Symbol | KOTYARK |
| MSEI Symbol | NOTLISTED |
| ISIN | INE0J0B01017 |
| Name of Company | KOTYARK INDUSTRIES LIMITED |
| Type of company | SME |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 13-11-2025 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 06-11-2025 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Half Yearly |
| Reporting Quarter | Half yearly |
| Nature of report standalone or consolidated | Standalone |
| 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 | Manufacturing of Bio Diesel |
| Start date and time of board meeting | 13-11-2025 16:50:00 |
| End date and time of board meeting | 13-11-2025 19:45:00 |
| 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 | 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. | No |
| (III) 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 | 24-12-2024 |
| Indicate Company website link for updated RPT policy of the Company | https://www.kotyark.com/_files/ugd/e196d6_3f68d771057443fdb9291a5ec2f55a01.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 |
| Company has not make any default on Loans and company has not issued any debt securities | |
| 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 | 01-04-2025 | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 | 30-09-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Revenue From Operations | ||
| Revenue from operations | 13,925.36 | 13,925.36 | |
| Other income | 5.22 | 5.22 | |
| Total Income | 13,930.58 | 13,930.58 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 10,329.75 | 10,329.75 |
| (b) | Purchases of stock-in-trade | 0.00 | 0.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 1,007.91 | 1,007.91 |
| (d) | Employee benefit expense | 237.03 | 237.03 |
| (e) | Finance costs | 380.76 | 380.76 |
| (f) | Depreciation and amortisation expense | 639.43 | 639.43 |
| (g) | Other Expenses | ||
| 1 | Manufacturing Expenses | 298.26 | 298.26 |
| 2 | Operating and Other Expenses | 499.64 | 499.64 |
| Total other expenses | 797.90 | 797.90 | |
| Total expenses | 13,392.78 | 13,392.78 | |
| 3 | Profit before exceptional and extraordinary items and tax | 537.80 | 537.80 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Profit before extraordinary items and tax | 537.80 | 537.80 |
| 6 | Extraordinary items | 0.00 | 0.00 |
| 7 | Profit before tax | 537.80 | 537.80 |
| 8 | Tax Expense | ||
| Current tax | 197.00 | 197.00 | |
| Deferred tax | (49.43) | (49.43) | |
| Total tax expenses | 147.57 | 147.57 | |
| 9 | Net Profit Loss for the period from continuing operations | 390.23 | 390.23 |
| 10 | Profit (loss) from discontinuing operations before tax | 0.00 | 0.00 |
| 11 | Tax expense of discontinuing operations | 0.00 | 0.00 |
| 12 | Net profit (loss) from discontinuing operation after tax | 0.00 | 0.00 |
| 13 | Profit (loss) for period before minority interest | 390.23 | 390.23 |
| 14 | Share of profit (loss) of associates | ||
| 15 | Profit (loss) of minority interest | ||
| 16 | Net profit (Loss) for the period | 390.23 | 390.23 |
| 17 | Details of equity share capital | ||
| Paid-up equity share capital | 1,027.91 | 1,027.91 | |
| Face value of equity share capital | 10 | 10 | |
| 18 | Reserves excluding revaluation reserve | ||
| 19 | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 3.8 | 3.8 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 3.8 | 3.8 | |
| 20 | Debt equity ratio | 0.00 | 0.00 |
| 21 | Debt service coverage ratio | 0.00 | 0.00 |
| 22 | Interest service coverage ratio | 0.00 | 0.00 |
| 23 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | Notes attached to Unaudited Standalone Financial Results For the Half Year Ended September 30, 2025 1. The above standalone financial results of the Company (the Statement) have been reviewed by the Audit Committee and subsequently approved by the Board of Directors of the Company at its Meeting held on November 13, 2025 and have been subjected to limited review by the statutory auditors of the company on which the auditors have expressed an unmodified conclusion. 2. The standalone financial results has been prepared in accordance with recognition and measurement principles laid down in the Accounting Standard as prescribed under section 133 of the Companies Act, 2013 ('the Act') read with the Companies (Accounting Standards) Rules, 2021, as amended from time to time and the provisions of the Companies Act 2013, as applicable and guidelines issued by the Securities and Exchange Board of India (SEBI) and other recognised accounting principles and policies generally accepted in India to the extent possible. These financial results are presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with other relevant rules and circulars issued thereunder. 3. The Company is engaged primarily in the business of manufacturing bio-diesel and all its operations are in India only. Accordingly, there is no separate reportable segment as per AS 17 on 'Segment Reporting' in respect of the Company. 4. (a) The Company has manufacturing facilities located at Padgol (Gujarat) and Swaroopganj (Rajasthan). The Company's registration with the Bio-Fuel Authority, Government of Rajasthan, was valid up to July 31, 2022. The Company applied for renewal on July 6, 2022. As the renewal was delayed, the Company filed a writ petition before the Hon'ble Rajasthan High Court. The Hon'ble Court directed the Company to remove certain deficiencies and file a fresh application within one week, and further directed the authorities to take a decision within three weeks. The Company complied with these directions and submitted all required documents within the stipulated time. Despite such compliance, the renewal was not granted, and the matter remained pending. Consequently, the Company filed another writ petition before the Hon'ble Rajasthan High Court. (b) During the pendency of this petition, on July 2, 2025, a team of officials, including a Hon'ble Minister, inspected the Swaroopganj unit, seized four storage tanks containing raw material (Veg Ester) aggregating to 6,84,000 Litre (valued at Rs. 615.00 lakhs), and initiated criminal proceedings against one of the Directors of the Company. The Company approached the Hon'ble Rajasthan High Court, which, vide order dated August 26, 2025, permitted continuation of operations for fulfillment of supply commitments to Oil Marketing Companies (OMCs). The director of the company also filed Writ petition to quash the criminal proceeding and the Hon. Rajasthan High Court vide order dated August 06, 2025 stayed the criminal proceeding. Thus Company continues to operate its Swaroopganj unit and supply to OMCs in compliance with applicable laws. (c)The value of the seized raw material continues to be reflected as inventory in the accompanying financial statements, as the management is confident of its release and subsequent utilization in the normal course of production. The management confirms represented that there has been no loss of production or disruption in supplies and remains confident of a favourable outcome in the matter. 5. The Figures for the half year ended March 31, 2025 are the balancing figures between audited figures in respect of year ended March 31, 2025 and unaudited figures for the half year ended September 30, 2024. 6. Unaudited Statement of Assets and liabilities and Statement of Cash Flow are attached as Annexure A and Annexure B respectively. 7. Previous year's/period's figures have been regrouped / reclassified wherever necessary. |
|---|
| 20 | Debt equity ratio | |
|---|---|---|
| 21 | Debt service coverage ratio | |
| 22 | Interest service coverage ratio |
| A | Date of start of reporting period | 01-04-2025 |
|---|---|---|
| B | Date of end of reporting period | 30-09-2025 |
| C | Whether results are audited or unaudited | |
| D | Nature of report standalone or consolidated | Standalone |
| 1 | Statement of cash flows | |
| Cash flows from used in operating activities | ||
| Profit before extraordinary items and tax | 537.80 | |
| 2 | Adjustments for reconcile profit (loss) | |
| Adjustments to profit (loss) | ||
| Adjustments for finance costs | 377.27 | |
| Adjustments for depreciation and amortisation expense | 639.43 | |
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0.00 | |
| Adjustments for unrealised foreign exchange losses gains | 0.00 | |
| Adjustments for dividend income | 0.00 | |
| Adjustments for share-based payments | 0.00 | |
| Other adjustments for which cash effects are investing or financing cash flow | 0.00 | |
| Other adjustments to reconcile profit (loss) | (0.52) | |
| Other adjustments for non-cash items | 0.00 | |
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Total adjustments to profit (loss) | 1,016.18 | |
| 3 | Adjustments for working capital | |
| Adjustments for decrease (increase) in inventories | 1,027.38 | |
| Adjustments for decrease (increase) in trade receivables | (1,775.77) | |
| Adjustments for decrease (increase) in other current assets | (743.75) | |
| Adjustments for increase (decrease) in trade payables | (758.30) | |
| Adjustments for increase (decrease) in other current liabilities | 96.58 | |
| Adjustments for provisions | 9.83 | |
| Total adjustments for working capital | (2,144.03) | |
| Total adjustments for reconcile profit (loss) | (1,127.85) | |
| Net cash flows from (used in) operations | (590.05) | |
| Dividends received | 0.00 | |
| Interest paid | 0.00 | |
| Interest received | 0.00 | |
| Income taxes paid (refund) | 212.32 | |
| Other inflows (outflows) of cash | 0.00 | |
| Net cash flows from (used in) operating activities before extraordinary items | (802.37) | |
| Proceeds from extraordinary items | 0.00 | |
| Payment for extraordinary items | 0.00 | |
| Net cash flows from (used in) operating activities | (802.37) | |
| 4 | Cash flows from used in investing activities | |
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | |
| Cash flows used in obtaining control of subsidiaries or other businesses | 0.00 | |
| Other cash receipts from sales of equity or debt instruments of other entities | 0.00 | |
| Other cash payments to acquire equity or debt instruments of other entities | 0.00 | |
| Other cash receipts from sales of interests in joint ventures | 0.00 | |
| Other cash payments to acquire interests in joint ventures | 0.00 | |
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Proceeds from sales of property plant and equipment | 5.50 | |
| Purchase of property plant and equipment | 18.90 | |
| Proceeds from sales of intangible assets | 0.00 | |
| Purchase of intangible assets | 0.00 | |
| Cash advances and loans made to other parties | 0.00 | |
| Cash receipts from repayment of advances and loans made to other parties | 0.00 | |
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | |
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | |
| Dividends received | 0.00 | |
| Interest received | 0.38 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | 0.00 | |
| Proceeds from government grants | 0.00 | |
| Net cash flows from (used in) investing activities before extraordinary items | (13.02) | |
| Proceeds from extraordinary items | 0.00 | |
| Payment for extraordinary items | 0.00 | |
| Net cash flows from (used in) investing activities | (13.02) | |
| Cash flows from used in financing activities | ||
| Proceeds from issuing shares | 0.00 | |
| Proceeds from issuing other equity instruments | 0.00 | |
| Proceeds from issuing debentures notes bonds etc | 0.00 | |
| Proceeds from borrowings | 1,184.94 | |
| Repayments of borrowings | 0.00 | |
| Dividends paid | 0.00 | |
| Interest paid | 377.27 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | 0.00 | |
| Net cash flows from (used in) financing activities before extraordinary items | 807.67 | |
| Proceeds from extraordinary items | 0.00 | |
| Payment for extraordinary items | 0.00 | |
| Net cash flows from (used in) financing activities | 807.67 | |
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | (7.72) | |
| 6 | Effect of exchange rate changes on cash and cash equivalents | |
| Effect of exchange rate changes on cash and cash equivalents | 0.00 | |
| Net increase (decrease) in cash and cash equivalents | (7.72) | |
| Cash and cash equivalents cash flow statement at beginning of period | 19.65 | |
| Cash and cash equivalents cash flow statement at end of period | 11.93 | |
| Particulars | Year ended (dd-mm-yyyy) | ||
|---|---|---|---|
| Date of start of reporting period | 01-04-2025 | ||
| Date of end of reporting period | 30-09-2025 | ||
| Whether results are audited or unaudited | Unaudited | ||
| Nature of report standalone or consolidated | Standalone | ||
| Equity and liabilities | |||
| 1 | Shareholders' funds | ||
| Share capital | 1,027.91 | ||
| Reserves and surplus | 13,647.91 | ||
| Money received against share warrants | 0.00 | ||
| Total shareholders' funds | 14,675.82 | ||
| 2 | Share application money pending allotment | 0.00 | |
| 3 | Deferred government grants | ||
| 4 | Minority interest | ||
| 5 | Non-current liabilities | ||
| Long-term borrowings | 2,240.85 | ||
| Deferred tax liabilities (net) | 0.00 | ||
| Foreign currency monetary item translation difference liability account | |||
| Other long-term liabilities | |||
| Long-term provisions | 68.75 | ||
| Total non-current liabilities | 2,309.60 | ||
| 6 | Current liabilities | ||
| Short-term borrowings | 4,816.66 | ||
| Trade Payables | |||
| (A) Total outstanding dues of micro enterprises and small enterprises | 0.00 | ||
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 673.77 | ||
| Total Trade payable | 673.77 | ||
| Other current liabilities | 255.77 | ||
| Short-term provisions | 609.23 | ||
| Total current liabilities | 6,355.43 | ||
| Total equity and liabilities | 23,340.85 | ||
| Assets | |||
| 1 | Non-current assets | ||
| i | Property, Plant and Equipment and Intangible assets | ||
| Property, Plant and Equipment | 6,091.79 | ||
| Producing properties | |||
| Intangible assets | 0.00 | Preproducing properties | |
| Property, Plant and Equipment capital work-in-progress | |||
| Intangible assets under development or work-in-progress | |||
| Total Property, Plant and Equipment and Intangible assets | 6,091.79 | ||
| ii | Non-current investments | 30.00 | |
| v | Deferred tax assets (net) | 70.95 | |
| vi | Foreign currency monetary item translation difference asset account | ||
| vii | Long-term loans and advances | 306.86 | |
| viii | Other non-current assets | 607.91 | |
| Total non-current assets | 7,107.51 | ||
| Current assets | |||
| Current investments | 0.00 | ||
| Inventories | 11,803.78 | ||
| Trade receivables | 2,839.79 | ||
| Cash and cash equivalents | 11.93 | ||
| Bank balance other than cash and cash equivalents | 0.00 | ||
| Short-term loans and advances | 644.68 | ||
| Other current assets | 933.16 | ||
| Total current assets | 16,233.34 | ||
| Total assets | 23,340.85 | ||
| Disclosure of notes on assets and liabilities | |||
| 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 | 01-04-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 30-09-2025 | 30-09-2025 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| 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 | |||||||
| Net Segment Asset | |||||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | |||||||
| Net Segment Liabilities | |||||||
| Disclosure of notes on segments | |||||||
| Whether results are audited or unaudited | Unaudited |
|---|---|
| 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 | MANUBHAI & SHAH LLP | Yes | 28-02-2028 | ||
|---|---|---|---|---|---|
| Name of signatory | |
| Designation of person | |
| Place | |
| Date |
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 | Kotyark Industries Limited | Gaurang Rameshchandra Shah | Managing Director | Any other transaction | Unsecured loan taken or (Repaid) | Approved as applicable | (65.21) | 141.58 | (65.21) | ||||||||||||||||
| 2 | Kotyark Industries Limited | Dhruti Mihir Shah | Wholetime Director | Any other transaction | Unsecured loan taken or (Repaid) | Approved as applicable | (6.50) | 0.00 | (6.50) | ||||||||||||||||
| 3 | Kotyark Industries Limited | Kotyark Bio Specialities Limited | Subsidiary Company | Any other transaction | Unsecured loan taken or (Repaid) | Approved as applicable | 905.85 | 961.55 | 905.85 | ||||||||||||||||
| 4 | Kotyark Industries Limited | Kotyark Agro Private Limited | Wholly Owned Subsidiary Company | Advance | Approved as applicable | 0.00 | (4.50) | 0.00 | |||||||||||||||||
| 5 | Kotyark Industries Limited | Kotyark Bio Specialities Limited | Subsidiary Company | Sale of goods or services | Approved as applicable | 37.08 | 102.79 | 37.08 | |||||||||||||||||
| 6 | Kotyark Industries Limited | Kotyark Bio Specialities Limited | Subsidiary Company | Purchase of goods or services | Approved as applicable | 209.16 | 171.71 | 209.16 | |||||||||||||||||
| 7 | Kotyark Industries Limited | Gaurang Rameshchandra Shah | Managing Director | Any other transaction | Rent Paid | Approved as applicable | 8.10 | 18.00 | 8.10 | ||||||||||||||||
| 8 | Kotyark Industries Limited | Brijkumar Gaurang Shah | Relative of Director | Any other transaction | Rent Paid | Approved as applicable | 5.40 | 9.00 | 5.40 | ||||||||||||||||
| 9 | Kotyark Bio Specialities Limited | Kotyark Industries Limited | Holding Company | Any other transaction | Trade Payable | Approved as applicable | 165.00 | 121.25 | 165.00 | ||||||||||||||||
| 10 | Kotyark Bio Specialities Limited | Kotyark Industries Limited | Holding Company | Any other transaction | Trade Receivable | Approved as applicable | 449.14 | 202.58 | 449.14 | ||||||||||||||||
| 11 | Kotyark Agro Private Limited | Kotyark Industries Limited | Holding Company | Advance | Approved as applicable | 0.40 | 305.04 | 0.40 | |||||||||||||||||
| 12 | Semani Industries Limited | Kotyark Industries Limited | Holding Company | Any other transaction | Unsecured loan taken or (Repaid) | Approved as applicable | 1.82 | 1.82 | 1.82 | ||||||||||||||||
| Total value of transaction during the reporting period | 1,710.24 | ||||||||||||||||||||||||