INTEGRATED FILING — Other than Banks



General information about company

Scrip code 123456
NSE Symbol RAPPID
MSEI Symbol NOTLISTED
ISIN INE0MVO01012
Name of Company RAPPID VALVES (INDIA) 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 12-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 02-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Half Yearly
Reporting Quarter Yearly
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 Single segment
Description of single segment Single segment
Start date and time of board meeting 12-May-2025   14:30:00
End date and time of board meeting 12-May-2025   19:15:00
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 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. NA
(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 2024-11-07
Indicate Company website link for updated RPT policy of the Company https://www.rappidvalves.in/
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? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
NA


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 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 325090000 521246000
Other income 2067000 2107000
Total Income 327157000 523353000
2 Expenses
(a) Cost of materials consumed 0 0
(b) Purchases of stock-in-trade 277055000 402247000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -26045000 -21675000
(d) Employee benefit expense 9321000 20439000
(e) Finance costs 5236000 11201000
(f) Depreciation and amortisation expense 4340000 7835000
(g) Other Expenses
1 Other expenses 10751000 20487000
2 CSR Expenditure 430000 430000
Total other expenses 11181000 20917000
Total expenses 281088000 440964000
3 Profit before exceptional and extraordinary items and tax 46069000 82389000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax 46069000 82389000
6 Extraordinary items 0 0
7 Profit before tax 46069000 82389000
8 Tax Expense
Current tax 13052000 22193000
Deferred tax -3405000 -172000
Total tax expenses 9647000 22021000
9 Net Profit Loss for the period from continuing operations 36422000 60368000
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 36422000 60368000
14 Share of profit (loss) of associates
15 Profit (loss) of minority interest
16 Net profit (Loss) for the period 36422000 60368000
17 Details of equity share capital
Paid-up equity share capital 51920000 51920000
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 7 11.6
Diluted earnings (loss) per share from continuing and discontinued operations 7 11.6
20 Debt equity ratio 0.0 0.0
21 Debt service coverage ratio 0.0 0.0
22 Interest service coverage ratio 0.0 0.0
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 Standalone
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax 82389000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 0
Adjustments for depreciation and amortisation expense 7835000
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 0
Other adjustments to reconcile profit (loss) 0
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) 7835000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories -45896000
Adjustments for decrease (increase) in trade receivables -109102000
Adjustments for decrease (increase) in other current assets -32899000
Adjustments for increase (decrease) in trade payables 4236000
Adjustments for increase (decrease) in other current liabilities -11380000
Adjustments for provisions -18360000
Total adjustments for working capital -213401000
Total adjustments for reconcile profit (loss) -205566000
Net cash flows from (used in) operations -123177000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 5000000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items -128177000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities -128177000
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 33766000
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 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 1579000
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -32187000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -32187000
Cash flows from used in financing activities
Proceeds from issuing shares 268762000
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings -6978000
Repayments of borrowings 18709000
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 243075000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 243075000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 82711000
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 82711000
Cash and cash equivalents cash flow statement at beginning of period 0
Cash and cash equivalents cash flow statement at end of period 82711000


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 51920000
Reserves and surplus 400556000
Money received against share warrants
Total shareholders' funds 452476000
2 Share application money pending allotment 0
3 Deferred government grants 0
4 Minority interest
5 Non-current liabilities
Long-term borrowings 0
Deferred tax liabilities (net) 0
Foreign currency monetary item translation difference liability account 0
Other long-term liabilities 0
Long-term provisions 1149000
Total non-current liabilities 1149000
6 Current liabilities
Short-term borrowings 84143000
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 8569000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 32619000
Total Trade payable 41188000
Other current liabilities 5424000
Short-term provisions 18137000
Total current liabilities 148892000
Total equity and liabilities 602517000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 91649000
Producing properties 0
Intangible assets 714000
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 92363000
ii Non-current investments 5674000
v Deferred tax assets (net) 1342000
vi Foreign currency monetary item translation difference asset account 0
vii Long-term loans and advances 0
viii Other non-current assets 188000
Total non-current assets 99567000
Current assets
Current investments 0
Inventories 161701000
Trade receivables 192324000
Cash and cash equivalents 94943000
Bank balance other than cash and cash equivalents 0
Short-term loans and advances 437000
Other current assets 53545000
Total current assets 502950000
Total assets 602517000
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 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




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 KAVA & ASSOCIATES Yes 31-Dec-2025


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


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)
Mode of Fund Raising Public Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 30-Sep-2024
Amount Raised 304096000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation
Comments of the Audit Committee after review false
Comments of the auditors, if any false
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Funding the Capital Expenditure for Purchase of New Plant & Machineries and Software NOT APPLICABLE 67311000 0 43691000 0
2 Expenditure of Renovation of registered office and existing manufacturing unit NOT APPLICABLE 3888000 0 0 0
3 Repayment/Payment of all or certain of our borrowings availed NOT APPLICABLE 105000000 0 0 0
4 Pursing inorgonic growth initiative through acquisitions NOT APPLICABLE 40000000 0 40000000 0
5 General corporate purpose NOT APPLICABLE 54287000 0 0 0
6 Issue Expenses NOT APPLICABLE 33610000 0 0 0


Signatory Details
Name of signatory Gaurav Dalal
Designation of person Managing Director
Place Palghar
Date 12-May-2025


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 Rappid Valves (India) Limited Mansi Gaurav Dalal Promoter Group Remuneration 1000000000000 omnibus approval granted for Related Party Transactions proposed to be entered into by the Company subject to the value not exceeding Rs. 1 crore per transaction.nthe financial Year 0 0 0
2 Rappid Valves (India) Limited Mansi Gaurav Dalal Promoter Group Any other transaction Rent paid 1000000000000 omnibus approval granted for Related Party Transactions proposed to be entered into by the Company subject to the value not exceeding Rs. 1 crore per transaction.nthe financial Year 286000 0 0
3 Rappid Valves (India) Limited Gaurav Vijay Dalal Managing Director Loan 1000000000000 omnibus approval granted for Related Party Transactions proposed to be entered into by the Company subject to the value not exceeding Rs. 1 crore per transaction.nthe financial Year 36900000 0 0 Loan 0 0
4 Rappid Valves (India) Limited Vijay Laldas Dalal Promoter Group Remuneration 1000000000000 omnibus approval granted for Related Party Transactions proposed to be entered into by the Company subject to the value not exceeding Rs. 1 crore per transaction.nthe financial Year 1200000 0 0
5 Rappid Valves (India) Limited Gaurav Vijay Dalal Managing Director Remuneration 1000000000000 omnibus approval granted for Related Party Transactions proposed to be entered into by the Company subject to the value not exceeding Rs. 1 crore per transaction.nthe financial Year 4800000 0 0
6 Rappid Valves (India) Limited Gaurav Vijay Dalal Managing Director Any other transaction Loan repayment 1000000000000 omnibus approval granted for Related Party Transactions proposed to be entered into by the Company subject to the value not exceeding Rs. 1 crore per transaction. 37708000 0 0
Total value of transaction during the reporting period 80894000





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