INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol ESPRIT
MSEI Symbol NA
ISIN INE0SBP01018
Name of Company ESPRIT STONES 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 15-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 09-May-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 15-May-2025   17:00:00
End date and time of board meeting 15-May-2025   23:00:00
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 — 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 1605658000 3214808000
Other income 17314000 24992000
Total Income 1622972000 3239800000
2 Expenses
(a) Cost of materials consumed 789727000 1799113000
(b) Purchases of stock-in-trade 83443000 184976000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 61661000 -57268000
(d) Employee benefit expense 114759000 220878000
(e) Finance costs 36982000 79925000
(f) Depreciation and amortisation expense 49205000 95437000
(g) Other Expenses
1 Other Expenses 369298000 695906000
Total other expenses 369298000 695906000
Total expenses 1505075000 3018967000
3 Profit before exceptional and extraordinary items and tax 117897000 220833000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax 117897000 220833000
6 Extraordinary items 0 0
7 Profit before tax 117897000 220833000
8 Tax Expense
Current tax 15580000 36970000
Deferred tax 8382000 11856000
Total tax expenses 23962000 48826000
9 Net Profit Loss for the period from continuing operations 93935000 172007000
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 93935000 172007000
14 Share of profit (loss) of associates 0 0
15 Profit (loss) of minority interest -7840000 -15368000
16 Net profit (Loss) for the period 86095000 156639000
17 Details of equity share capital
Paid-up equity share capital 219452000 219452000
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve 1116589000
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 3.93 7.83
Diluted earnings (loss) per share from continuing and discontinued operations 3.93 7.83
20 Debt equity ratio 0.0074 0.0074
21 Debt service coverage ratio 0.0221 0.0198
22 Interest service coverage ratio 0.0419 0.0376
23 Disclosure of notes on financial results


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 220833000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 79925000
Adjustments for depreciation and amortisation expense 95437000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for unrealised foreign exchange losses gains -835000
Adjustments for dividend income 0
Adjustments for share-based payments 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 509000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) 175036000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories -70680000
Adjustments for decrease (increase) in trade receivables -211645000
Adjustments for decrease (increase) in other current assets 8981000
Adjustments for increase (decrease) in trade payables 82783000
Adjustments for increase (decrease) in other current liabilities -78799000
Adjustments for provisions 1787000
Total adjustments for working capital -267573000
Total adjustments for reconcile profit (loss) -92537000
Net cash flows from (used in) operations 128296000
Dividends received 0
Interest paid 0
Interest received -2436000
Income taxes paid (refund) 58168000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items 67692000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities 67692000
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 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 129253000
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 2742000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -7914000
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -134425000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -134425000
Cash flows from used in financing activities
Proceeds from issuing shares 454317000
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 52830000
Repayments of borrowings 325043000
Dividends paid 0
Interest paid 80452000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities before extraordinary items 101652000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 101652000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 34919000
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 34919000
Cash and cash equivalents cash flow statement at beginning of period 2801000
Cash and cash equivalents cash flow statement at end of period 37720000


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 219452000
Reserves and surplus 1113894000
Money received against share warrants 0
Total shareholders' funds 1333346000
2 Share application money pending allotment 0
3 Deferred government grants 0
4 Minority interest 18931000
5 Non-current liabilities
Long-term borrowings 272295000
Deferred tax liabilities (net) 57224000
Foreign currency monetary item translation difference liability account 0
Other long-term liabilities 0
Long-term provisions 8613000
Total non-current liabilities 338132000
6 Current liabilities
Short-term borrowings 709683000
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 18740000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 572414000
Total Trade payable 591154000
Other current liabilities 103213000
Short-term provisions 2390000
Total current liabilities 1406440000
Total equity and liabilities 3096849000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 1201656000
Producing properties 0
Intangible assets 693000
Preproducing properties 0
Property, Plant and Equipment capital work-in-progress 5737000
Intangible assets under development or work-in-progress 0
Total Property, Plant and Equipment and Intangible assets 1208086000
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 47424000
viii Other non-current assets 0
Total non-current assets 1255510000
Current assets
Current investments 0
Inventories 684212000
Trade receivables 936733000
Cash and cash equivalents 0
Bank balance other than cash and cash equivalents 75284000
Short-term loans and advances 143519000
Other current assets 1591000
Total current assets 1841339000
Total assets 3096849000
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 Engineered Stones 1243742000 2367661000
2 Unsaturated Polyester Resin 532440000 1264867000
Total Segment Revenue 1776182000 3632528000
Less: Inter segment revenue 170524000 417720000
Revenue from operations 1605658000 3214808000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Engineered Stones 101704000 198891000
2 Unsaturated Polyester Resin 35861000 76875000
Total Profit before tax 137565000 275766000
i. Finance cost 36982000 79925000
ii. Other Unallocable Expenditure net off Unallocable income -17314000 -24992000
Profit before tax 117897000 220833000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Engineered Stones 2236216000 2236216000
2 Unsaturated Polyester Resin 761833000 761833000
Total Segment Asset 2998049000 2998049000
Un-allocable Assets 0 0
Net Segment Asset 2998049000 2998049000
4 Segment Liabilities
Segment Liabilities
1 Engineered Stones 921810000 921810000
2 Unsaturated Polyester Resin 723197000 723197000
Total Segment Liabilities 1645007000 1645007000
Un-allocable Liabilities -765000 -765000
Net Segment Liabilities 1644242000 1644242000
Disclosure of notes on segments Textual Information(1)


Text Block
Textual Information(1) Unallocable liabilities includes inter company elimination of amount invested in other segment




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 A Bafna & Co 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