INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol PARIN
MSEI Symbol NOTLISTED
ISIN INE00U801010
Name of Company PARIN ENTERPRISES LIMITED
Type of company SME
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 09-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 28-Apr-2025
Description of presentation currency INR (in Actuals)
Reporting Type Half Yearly
Reporting Quarter Yearly
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 09-May-2025   19:00:00
End date and time of board meeting 09-May-2025   20:20:00
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 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-Oct-2024 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 Revenue From Operations
Revenue from operations 1305508000 1676554000
Other income 1099000 2933000
Total Income 1306607000 1679487000
2 Expenses
(a) Cost of materials consumed 197253000 394113000
(b) Purchases of stock-in-trade 732127000 781492000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 30989000 4034000
(d) Employee benefit expense 97168000 152924000
(e) Finance costs 34139000 55573000
(f) Depreciation and amortisation expense 34466000 41708000
(g) Other Expenses
1 Other Expenses 96039000 152015000
Total other expenses 96039000 152015000
Total expenses 1222181000 1581859000
3 Profit before exceptional and extraordinary items and tax 84426000 97628000
4 Exceptional items -7328000 -7327000
5 Profit before extraordinary items and tax 77098000 90301000
6 Extraordinary items -1800000 -1800000
7 Profit before tax 75298000 88501000
8 Tax Expense
Current tax 20277000 22291000
Deferred tax -2922000 -2831000
Total tax expenses 17355000 19460000
9 Net Profit Loss for the period from continuing operations 57943000 69041000
10 Profit (loss) from discontinuing operations before tax 0 0
11 Tax expense of discontinuing operations 0 0
12 Net profit (loss) from discontinuing operation after tax 0 0
13 Profit (loss) for period before minority interest 57943000 69041000
14 Share of profit (loss) of associates 0 0
15 Profit (loss) of minority interest -6065000 -6140000
16 Net profit (Loss) for the period 51878000 62901000
17 Details of equity share capital
Paid-up equity share capital 111180000 111180000
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve 0
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 4.67 5.66
Diluted earnings (loss) per share from continuing and discontinued operations 4.67 5.66
20 Debt equity ratio 0.0192 0.0192
21 Debt service coverage ratio 0.0185 0.0171
22 Interest service coverage ratio 0.0347 0.0276
23 Disclosure of notes on financial results Textual Information(1)


Text Block
Textual Information(1) Notes : 1 The above results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 09.05.2025 2 The above Financial Results are also available on our website www.parinfurniture.com and stock exchange website www.nseindia.com 3 Previous periods / years' figures have been re-grouped / re-classified, where necessary to make it comparable with the current period. 4 The status of investor complaints received by the Company is as follows: Pending at the start of the half year (As on October 1, 2024) : NIL Received during the half year from October 1, 2024 to March 31, 2025 : NIL Disposed during the half year from October 1, 2024 to March 31, 2025 : NIL Pending as on March 31, 2025 : NIL 5 Parin Enterprises Limited has accquired 51% stake in Umerin Global Private Limited from october 2024 which is engaged in the business of automobile dealership of KIA India Private Limited. 6 In accordance with Accounting Standard-17 – “Segment Reporting” issued by the Institute of Chartered Accountants of India, the Company has identified its two business segment as primary reportable segments. 1) Manufacturing of Furniture and allied items (Parent Company) 2) Dealing in Automobiles dealership of KIA India Private Limited. (Subsidiary Company) ( Rs. In Lacs) Sr. No. Particulars Consolidated Consolidated Year Ended Half Year Ended 31.03.2025 31.03.2025 Audited Audited Segment Revenue Segment 1 9,811.20 6,100.74 Segment 2 6,954.34 6,954.34 Total Revenue 16,765.54 13,055.08 Segment Results (Profit Before Tax) Segment 1 822.14 690.11 Segment 2 62.87 62.87 Total Profit Before Tax 885.01 752.98 Segment Assets Segment 1 14,360.20 14,360.20 Segment 2 4,377.72 4,377.72 Unallocable - - Total 18,737.92 18,737.92 Segment Liabilities Segment 1 8,005.81 8,005.81 Segment 2 4,274.26 4,274.26 Unallocable - - Total 12,280.07 12,280.07 Segment Capital Employed Equity Share Capital 1,111.80 1,111.80 Reserve & Surplus 5,275.98 5,275.98 Minority Interest 70.07 70.07 Total 6,457.85 6,457.85 7 The Parent company has declared an Interim Dividend of Rs.0.20/- per equity share of face value Rs.10/- each i.e. 2% for the half year ended on 31st March 2025 8 The Financial Results (Standalone & Consolidated) for the year ended 31st March 2025 have been audited by statutory auditor of the company. The Statutory auditor have given an unmodited opinion. 9 The Figures of standalone and Consolidated Financial statements of the half year ended on 31st March 2025 are the balancing figures between Audited figures for the year ended on 31st March 2024 year to date figures upto half year ended on September 2021. figures between Audited figures for the year ended on 31st March 2025 year to date figures upto half year ended on September 2024.


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 Consolidated
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax 90301000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 55573000
Adjustments for depreciation and amortisation expense 41708000
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 -1045000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items -1800000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) 94436000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories -229854000
Adjustments for decrease (increase) in trade receivables -43244000
Adjustments for decrease (increase) in other current assets -70895000
Adjustments for increase (decrease) in trade payables 11039000
Adjustments for increase (decrease) in other current liabilities 33857000
Adjustments for provisions 6735000
Total adjustments for working capital -292362000
Total adjustments for reconcile profit (loss) -197926000
Net cash flows from (used in) operations -107625000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 17577000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items -125202000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities -125202000
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 -478000
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 232356000
Proceeds from sales of intangible assets 0
Purchase of intangible 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 1045000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -5000000
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -235833000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -235833000
Cash flows from used in financing activities
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings -493626000
Dividends paid 0
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash -58787000
Net cash flows from (used in) financing activities before extraordinary items 434839000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 434839000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 73804000
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 73804000
Cash and cash equivalents cash flow statement at beginning of period 13775000
Cash and cash equivalents cash flow statement at end of period 87579000


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 Consolidated
Equity and liabilities
1 Shareholders' funds
Share capital 111180000
Reserves and surplus 527598000
Money received against share warrants 0
Total shareholders' funds 638778000
2 Share application money pending allotment 0
3 Deferred government grants 0
4 Minority interest 7007000
5 Non-current liabilities
Long-term borrowings 268102000
Deferred tax liabilities (net) 1732000
Foreign currency monetary item translation difference liability account 0
Other long-term liabilities 502000
Long-term provisions 4850000
Total non-current liabilities 275186000
6 Current liabilities
Short-term borrowings 678218000
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 45366000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 142598000
Total Trade payable 187964000
Other current liabilities 57166000
Short-term provisions 29473000
Total current liabilities 952821000
Total equity and liabilities 1873792000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 299042000
Producing properties 0
Intangible assets 500000
Preproducing properties 0
Property, Plant and Equipment capital work-in-progress 0
Intangible assets under development or work-in-progress 0
Total Property, Plant and Equipment and Intangible assets 299542000
ii Non-current investments 0
v Deferred tax assets (net) 0
vi Foreign currency monetary item translation difference asset account 0
vii Long-term loans and advances 0
viii Other non-current assets 43820000
Total non-current assets 343362000
Current assets
Current investments 5000000
Inventories 878238000
Trade receivables 453887000
Cash and cash equivalents 87579000
Bank balance other than cash and cash equivalents 0
Short-term loans and advances 98737000
Other current assets 6989000
Total current assets 1530430000
Total assets 1873792000
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-Oct-2024 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 Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Segment 1 610074000 981120000
2 Segment 2 695434000 695434000
Total Segment Revenue 1305508000 1676554000
Less: Inter segment revenue
Revenue from operations 1305508000 1676554000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Segment 1 69011000 82214000
2 Segment 2 6287000 6287000
Total Profit before tax 75298000 88501000
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax 75298000 88501000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Segment 1 1436020000 1436020000
2 Segment 2 437772000 437772000
Total Segment Asset 1873792000 1873792000
Un-allocable Assets 0 0
Net Segment Asset 1873792000 1873792000
4 Segment Liabilities
Segment Liabilities
1 Segment 1 800581000 800581000
2 Segment 2 427426000 427426000
Total Segment Liabilities 1228007000 1228007000
Un-allocable Liabilities 0 0
Net Segment Liabilities 1228007000 1228007000
Disclosure of notes on segments Textual Information(1)


Text Block
Textual Information(1) Parin Enterprises Limited has acquired 51% stake in Umerin Global Private Limited which is engaged in the business of automobile dealership of KIA India Private Limited. 51% stake in Umerin Global Private Limited has been aquired from October 2024 by Parin Enterprises Limited. For that segment reporting is being done accordingly.




Details of Impact of Audit Qualification
Whether results are audited or unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
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
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


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