INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol VILAS
MSEI Symbol NOTLISTED
ISIN INE0AZY01017
Name of Company Vilas Transcore 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 21-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 13-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 Manufacturing of CRGO Laminations,Cores and Coils
Start date and time of board meeting 21-May-2025   17:00:00
End date and time of board meeting 21-May-2025   18:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Direct
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? No
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? No
(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 2025-05-21
Indicate Company website link for updated RPT policy of the Company https://vilastranscore.com/corporate-policy/
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
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 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 1906170000 3530512000
Other income 40204000 89465000
Total Income 1946374000 3619977000
2 Expenses
(a) Cost of materials consumed 1464681000 2744972000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 50075000 33161000
(d) Employee benefit expense 63107000 119407000
(e) Finance costs 9883000 14993000
(f) Depreciation and amortisation expense 12586000 24945000
(g) Other Expenses
1 Labour Charges and Job Work Charges 9019000 15763000
2 Freight Outward 7847000 14111000
3 Rent, Rates & Taxes 7532000 7986000
4 Power & Fuel 5491000 12014000
5 Donation / CSR 5477000 5528000
6 Freight & Octroi Inward 5044000 13858000
7 Legal & Professional Fees 4328000 8800000
8 Export Clearing & Agency Charges 1314000 2492000
9 Repairs & Maintenance (Machinery) 2627000 6240000
10 Others 13732000 100664000
Total other expenses 62411000 187456000
Total expenses 1662743000 3124934000
3 Profit before exceptional and extraordinary items and tax 283631000 495043000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax 283631000 495043000
6 Extraordinary items -2842000 -2842000
7 Profit before tax 280789000 492201000
8 Tax Expense
Current tax 84020000 153800000
Deferred tax -1609000 -3305000
Total tax expenses 82411000 150495000
9 Net Profit Loss for the period from continuing operations 198378000 341706000
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 198378000 341706000
14 Share of profit (loss) of associates
15 Profit (loss) of minority interest
16 Net profit (Loss) for the period 198378000 341706000
17 Details of equity share capital
Paid-up equity share capital 244800000 244800000
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve 2530611000
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 8.47 14.58
Diluted earnings (loss) per share from continuing and discontinued operations 8.47 14.58
20 Debt equity ratio 0.0396 0.0396
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 Textual Information(1)


Text Block
Textual Information(1) 1. These Financial Results were reviewed by the Audit Committee and then approved by the Board of Directors at their respective meetings held on 21st May, 2025. 2. These financial results have been prepared in accordance with the Accounting Standards specified under Section 133 of the Companies Act, 2013, read with relevant rulesthereunderand in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 3.As per Ministry of Corporate Affairs notification dated February 16, 2015, Companies whose securities are listed on SME Exchange as referred to in Chapter XB of the Securities and Exchange Board of India (Issue if Capital and Disclosure Requirements) Regulations, 2009 are exempted from the compulsory requirement of adoption of Ind AS. 4.The figures for the half year ended March 31, 2025 and March 31, 2024 are the balancing figures between the audited figures for the respective full financial years and the figures for the half year ended September 30, 2024 and September 30, 2023. The figures for the half year ended September 30, 2024 were subject to limited review by the statutory auditors, whereas the figures for the half year ended September 30, 2023 were reviewed by the management and not subjected to audit or limited review since the Company was not listed at that time. 5.The Financial Results for the Year ended March 31, 2024 were audited by the previous auditors. 6.The Company operates only in one business Segment i.e. business of manufacturing of CRGO Laminations, Cores and Coils. Hence, no additional disclosures are required to be made under AS-17 Segment Reporting. 7.The Company has completed its Initial Public Offer (IPO) of 64,80,000 Equity Shares of face value of Rs 10 each at an issue price od Rs 147/- per share (Including share premium of Rs. 137/- per share) amounting to Rs. 9525.60 Lakhs. The Equity Shares of the company were listed on NSE Emerge Platform on 03rd June 2024. 8.Other Expenses for the Year included IPO Expenditure of Rs. 727.59 lacs ( H1 Rs. 698.59 Lacs / H2 Rs. 29.00 Lacs) 9.The Company has utilised proceeds from IPO as per the Object Clause of the Prospectus as details below: 10. Previous year's / period's figure have been regrouped / rearranged wherever necessary.


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


Cash flow statement — direct
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period
B Date of end of reporting period
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
1 Statement of cash flows
2 Cash flows from used in operating activities
Classes of cash receipts from operating activities
Receipts from sales of goods and rendering of services 0
Receipts from royalties fees, commissions and other revenue 0
Receipts from future contracts, forward contracts, options contracts and swap contracts held for dealing or trading purpose 0
Receipts from premiums and claims annuities and other policy benefits 0
Other cash receipts from operating activities 0
3 Classes of cash payments
Payments to suppliers for goods and services 0
Payments to future contracts, forward contracts, options contracts and swap contracts held for dealing or trading purpose 0
Payments to and on behalf of employees 0
Payments for premiums and claims, annuities and other policy benefits 0
Other cash payments from operating activities 241464000
Net cash flows from (used in) operations -241464000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 111737000
Other inflows (outflows) of cash -1411000
Net cash flows from (used in) operating activities before extraordinary items -354612000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities -354612000
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 1455000
Purchase of property plant and equipment 408077000
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 109701000
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -296921000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -296921000
5 Cash flows from used in financing activities
Proceeds from issuing shares 952560000
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 114097000
Repayments of borrowings 478000
Dividends paid 0
Interest paid 14993000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities before extraordinary items 1051186000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 1051186000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 399653000
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 399653000
Cash and cash equivalents cash flow statement at beginning of period 723345000
Cash and cash equivalents cash flow statement at end of periods 1122998000


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 244800000
Reserves and surplus 2636125000
Money received against share warrants
Total shareholders' funds 2880925000
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) 28180000
Foreign currency monetary item translation difference liability account 0
Other long-term liabilities 0
Long-term provisions 0
Total non-current liabilities 28180000
6 Current liabilities
Short-term borrowings 114097000
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 5276000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 375892000
Total Trade payable 381168000
Other current liabilities 43071000
Short-term provisions 155522000
Total current liabilities 693858000
Total equity and liabilities 3602963000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 322604000
Producing properties 0
Intangible assets 226000
Preproducing properties 0
Property, Plant and Equipment capital work-in-progress 379419000
Intangible assets under development or work-in-progress 0
Total Property, Plant and Equipment and Intangible assets 702249000
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 4551000
Total non-current assets 706800000
Current assets
Current investments 99996000
Inventories 690885000
Trade receivables 602360000
Cash and cash equivalents 1122998000
Bank balance other than cash and cash equivalents 0
Short-term loans and advances 325943000
Other current assets 53981000
Total current assets 2896163000
Total assets 3602963000
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 Talati & Talati LLP Yes 30-Sep-2026


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-May-2024
Amount Raised 952660000
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 NA
Comments of the Audit Committee after review NA
Comments of the auditors, if any NA
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 for strategic investment and acquisition NA 50000000 0 0 0 NIL
2 Funding capital expenditure towards construction of factory buildng NA 200987000 0 168689000 0 used for construction of building and shed
3 Funding capital expenditure towards acquisition and installation of additional plant in machinery NA 452071000 0 206184000 0 includes Advance given for machinery
4 General corporate purpose NA 249502000 0 127447000 0 includes IPO expences


Signatory Details
Name of signatory Nilesh Patel
Designation of person Managing Director
Place Vadodara
Date 21-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)
Total value of transaction during the reporting period





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