INTEGRATED FILING — Other than Banks



General information about company

Scrip code 533301
NSE Symbol SHEKHAWATI
MSEI Symbol NOTLISTED
ISIN INE268L01046
Name of Company SHEKHAWATI INDUSTRIES 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 21-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 11-Apr-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 Multi segment
Description of single segment
Start date and time of board meeting 21-Apr-2025   15:00:00
End date and time of board meeting 21-Apr-2025   18:15:00
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 No
(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 2025-02-17
Indicate Company website link for updated RPT policy of the Company WWW.SHEKHAWATIIND.COM
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
Not applicable


Financial Results — Other than Bank
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 Revenue From Operations
Revenue from operations 109641000 606371000
Other income 786000 17771000
Total Income 110427000 624142000
2 Expenses
(a) Cost of materials consumed 60508000 257230000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -34002000 -85610000
(d) Employee benefit expense 19709000 67691000
(e) Finance costs 90000 356000
(f) Depreciation and amortisation expense
(g) Other Expenses
1 Direct Expenses 18622000 112130000
2 Power and Fuel 35791000 173208000
3 Other Expenses 9111000 28291000
4 Taxation of Earlier year 0 -124000
Total other expenses 63524000 313505000
Total expenses 112016000 561321000
3 Profit before exceptional and extraordinary items and tax
4 Exceptional items
5 Profit before extraordinary items and tax
6 Extraordinary items
7 Profit before tax -1589000 62821000
8 Tax Expense
Current tax 0 0
Deferred tax 0 0
Total tax expenses 0 0
9 Net Profit Loss for the period from continuing operations
10 Profit (loss) from discontinuing operations before tax
11 Tax expense of discontinuing operations
12 Net profit (loss) from discontinuing operation after tax
13 Profit (loss) for period before minority interest
14 Share of profit (loss) of associates
15 Profit (loss) of minority interest
16 Net profit (Loss) for the period
17 Details of equity share capital
Paid-up equity share capital 344700000 344700000
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve -212841000
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -0.05 1.82
Diluted earnings (loss) per share from continuing and discontinued operations -0.05 1.82
20 Debt equity ratio
21 Debt service coverage ratio
22 Interest service coverage ratio
23 Disclosure of notes on financial results Textual Information(1)


Text Block
Textual Information(1) Notes: 1 The above financial results have been reviewed by the Audit Committee and subsequently approved by the Board of Directors at their respective meetings held on 21st April ,2025. 2 The financial results have been prepared in accordance with Indian Accounting Standard ( Ind AS ) prescribed under section 133 of the Companies Act 2013, read with relevent rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015 (as amended) and SEBI LODR Circular Dated 5th July, 2016. 3 The name of the company has been changed from Shekhawati Poly-Yarn Limited to Shekhawati Industries Limited subsequent to Quarter ended 30th June 2024 . The new certificate of Incorporation pursuent to change of name (pursuant to Rule 29 of the Companies (Incorporation) Rules , 2014 has been issued on July 23, 2024. 4 During the year the company has diversified its business in the field of Real Estate and Construction Section, also the Company has acquired land in the Village of Kunenama at Khandala, Taluka Maval, District Pune. The company has also started construction activities of Bungalowa on the said land. 6 During the year, the Company has done consolidation of Equity Shares Face Value from  Re. 1/- each to Rs.10/- each. Accordingly, the EPS for the previous quarters and year ended year ended have been recalculated. 7 During the quarter under review the company does not have has any subsidiary/ associate/ joint venture company(ies), therefore the financial results are Standalone Financial Result as on March 31, 2025. Hence, the disclosure as per the relevant Indian Accounting Standard i.e Ind AS 110 Consolidated Financial Statement is not applicable. 8 Figures for the quarter ended 31 March 2025 and the corresponding quarter ended in the previous year as reported in these financial results are the balancing figures between audited figures in respect of the full financial year and the published year to date figures up to the end of the third quarter of the relevant financial year. Also the figures up to the end of the third quarter had only been reviewed and not subjected to audit. 9 Figures of the previous reporting period has been reclassified/ regrouped wherever necessary to correspond with the figures of the current reporting period.


Remarks
20 Debt equity ratio
21 Debt service coverage ratio
22 Interest service coverage ratio


Cash flow statement — indirect
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
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 356000
Adjustments for depreciation and amortisation expense 8149000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for share-based payments 0
Other adjustments for which cash effects are investing or financing cash flow 5707000
Other adjustments to reconcile profit (loss) -672000
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss)
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories -80695000
Adjustments for decrease (increase) in trade receivables
Adjustments for decrease (increase) in other current assets 12796000
Adjustments for increase (decrease) in trade payables
Adjustments for increase (decrease) in other current liabilities -98378000
Adjustments for provisions
Total adjustments for working capital
Total adjustments for reconcile profit (loss) -59369000
Net cash flows from (used in) operations 3452000
Dividends received -8000
Interest paid 0
Interest received -16202000
Income taxes paid (refund) -7276000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items
Proceeds from extraordinary items
Payment for extraordinary items
Net cash flows from (used in) operating activities -5482000
4 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 183493000
Other cash payments to acquire equity or debt instruments of other entities 207299000
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 84000
Purchase of property plant and equipment 7541000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Cash advances and loans made to other parties -27870000
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 8000
Interest received 11611000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -531000
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items
Proceeds from extraordinary items
Payment for extraordinary items
Net cash flows from (used in) investing activities 7695000
Cash flows from used in financing activities
Proceeds from issuing shares
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 0
Dividends paid 0
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities before extraordinary items
Proceeds from extraordinary items
Payment for extraordinary items
Net cash flows from (used in) financing activities -960000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 1253000
6 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 1253000
Cash and cash equivalents cash flow statement at beginning of period 2922000
Cash and cash equivalents cash flow statement at end of period 4175000


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
Equity and liabilities
1 Shareholders' funds
Share capital
Reserves and surplus
Money received against share warrants
Total shareholders' funds
2 Share application money pending allotment
3 Deferred government grants
4 Minority interest
5 Non-current liabilities
Long-term borrowings
Deferred tax liabilities (net)
Foreign currency monetary item translation difference liability account
Other long-term liabilities
Long-term provisions
Total non-current liabilities 6440000
6 Current liabilities
Short-term borrowings
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other current liabilities 101038000
Short-term provisions
Total current liabilities 242680000
Total equity and liabilities 380979000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 14137000
Producing properties
Intangible assets
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
ii Non-current investments 0
v Deferred tax assets (net) 35278000
vi Foreign currency monetary item translation difference asset account
vii Long-term loans and advances
viii Other non-current assets 0
Total non-current assets 79941000
Current assets
Current investments 37973000
Inventories 92067000
Trade receivables
Cash and cash equivalents 4175000
Bank balance other than cash and cash equivalents 1105000
Short-term loans and advances
Other current assets 34446000
Total current assets 301038000
Total assets 380979000
Disclosure of notes on assets and liabilities


Format for Reporting Segment 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 results 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)
1 Textile Operations 109641000 606371000
2 Real Estate Operations 0 0
Total Segment Revenue 109641000 606371000
Less: Inter segment revenue
Revenue from operations 109641000 606371000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Textile Operations 7992000 69739000
2 Real Estate Operations 0 0
Total Profit before tax 7992000 69739000
i. Finance cost 90000 356000
ii. Other Unallocable Expenditure net off Unallocable income 9491000 6685000
Profit before tax -1589000 62698000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Textile Operations 60373000 60373000
2 Real Estate Operations 85610000 85610000
Total Segment Asset 145983000 145983000
Un-allocable Assets 234997000 234997000
Net Segment Asset 380980000 380980000
4 Segment Liabilities
Segment Liabilities
1 Textile Operations 231646000 231646000
2 Real Estate Operations 7540000 7540000
Total Segment Liabilities 239186000 239186000
Un-allocable Liabilities 9936000 9936000
Net Segment Liabilities 249122000 249122000
Disclosure of notes on segments




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 Ajay Shobha and Company Yes 30-Apr-2027


Financial details
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

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


Signatory Details
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 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 SHEKHAWATI INDUSTRIES LIMITED VINAYAK CLOTHINGS PRIVATE LIMITED Entity over which the key managerial personnel and their relative have significant influence Any other transaction Job Charges 500000000 Approved by Audit Committee 7080000 0 1337000
2 SHEKHAWATI INDUSTRIES LIMITED VINAYAK CLOTHINGS PRIVATE LIMITED Entity over which the key managerial personnel and their relative have significant influence Loan 250000000 Approved by Audit Committee 71500000 162800000 91300000
3 SHEKHAWATI INDUSTRIES LIMITED VINAYAK CLOTHINGS PRIVATE LIMITED Entity over which the key managerial personnel and their relative have significant influence Interest received 22500000 Approved by Audit Committee 518000 2214000 1696000
4 SHEKHAWATI INDUSTRIES LIMITED VINAYAK CLOTHINGS PRIVATE LIMITED Entity over which the key managerial personnel and their relative have significant influence Any other transaction Operation and Maintainance Expenses 30000000 Approved by Audit Committee 1683000 2497000 814000
5 SHEKHAWATI INDUSTRIES LIMITED VINAYAK CLOTHINGS PRIVATE LIMITED Entity over which the key managerial personnel and their relative have significant influence Any other transaction Deposit Granted 1000000 Approved by Audit Committee 0 1000000 1000000
6 SHEKHAWATI INDUSTRIES LIMITED MUKESH RAMNIRANJAN RUIA Key Managerial Personnel Remuneration 10000000 Approved by Audit Committee 2460000 0 0
7 SHEKHAWATI INDUSTRIES LIMITED RAVI SANJAY JOGI Key Managerial Personnel Remuneration 3600000 Approved by Audit Committee 300000 0 0
8 SHEKHAWATI INDUSTRIES LIMITED SURESH CHANDRA GATTANI Key Managerial Personnel Remuneration 3000000 Approved by Audit Committee 960000 147000 0
9 SHEKHAWATI INDUSTRIES LIMITED MEENA AGAL Key Managerial Personnel Remuneration 1200000 Approved by Audit Committee 707000 100000 198000
10 SHEKHAWATI INDUSTRIES LIMITED MEENA AGAL Key Managerial Personnel Loan 200000 Approved by Audit Committee 200000 0 200000
11 SHEKHAWATI INDUSTRIES LIMITED KALPANA MUKESH RUIA Wife of Key Managerial Personnel Any other transaction Salary 2400000 Approved by Audit Committee 900000 0 0
12 SHEKHAWATI INDUSTRIES LIMITED SKI REALTY LLP Entity over which the key managerial personnel and their relative have significant influence Any other transaction Rent Deposit 1000000 Approved by Audit Committee 1000000 1000000 0
13 SHEKHAWATI INDUSTRIES LIMITED SKI REALTY LLP Entity over which the key managerial personnel and their relative have significant influence Any other transaction Rent Income 1000000 Approved by Audit Committee 300000 0 0
Total value of transaction during the reporting period 87608000





Format for Disclosing Outstanding Default on Loans and Debt Securities
Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
3. Total financial indebtedness of the listed entity including short-term and long-term debt