INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol VINSYS
MSEI Symbol NOTLISTED
ISIN INE0OSJ01014
Name of Company Vinsys IT Services 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 22-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 15-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 22-May-2025   15:30:00
End date and time of board meeting 22-May-2025   16:15:00
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


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 1195676000 2116831000
Other income 23668000 27875000
Total Income 1219344000 2144706000
2 Expenses
(a) Cost of materials consumed 678106000 1230925000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
(d) Employee benefit expense 189625000 348769000
(e) Finance costs 13007000 23580000
(f) Depreciation and amortisation expense 20234000 38198000
(g) Other Expenses
1 Other Expenses 81204000 141046000
Total other expenses 81204000 141046000
Total expenses 982176000 1782518000
3 Profit before exceptional and extraordinary items and tax 237168000 362188000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax 237168000 362188000
6 Extraordinary items 0 0
7 Profit before tax 237168000 362188000
8 Tax Expense
Current tax 43102000 57309000
Deferred tax 3097000 4430000
Total tax expenses 46199000 61739000
9 Net Profit Loss for the period from continuing operations 190969000 300449000
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 190969000 300449000
14 Share of profit (loss) of associates 0 0
15 Profit (loss) of minority interest -81000 -121000
16 Net profit (Loss) for the period 190888000 300328000
17 Details of equity share capital
Paid-up equity share capital 146779000 146779000
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve 1164219000
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 13.01 20.46
Diluted earnings (loss) per share from continuing and discontinued operations 13.01 20.46
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 Textual Information(1)


Text Block
Textual Information(1) 1. The above Audited Consolidated Financial Results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meeting held on May 22, 2025. 2. The Statutory Auditors of the Company have carried out the Statutory Audit of the above financial results of the Company and have expressed an unmodified opnion on these Results. 3. The Company is only having two operating Segment i.e. Software IT Solution and Consulting Services, Manpower Supply Services & Two Geographical Segments i.e. Outside India 4. There are total 1 investor complaints received which is resolved as on March 31, 2025. 5. Previous year's/ period figures have been regrouped/ reclassified/ restated, wherever necessary to confirm to classification of current year/period. 6. The proceeds from the IPO was Rs. 4985.32 lakhs. the object and proposed utilisation of the same is as follows: Sr. No. Particulars Object as per prospectus utilized till 31.03.2025 Pending to be utilised 1. To meet working capital requirements 2416.27 2416.27 0.00 2. Repayment of loan to subsidiary 390.00 390.00 0.00 3. Loan to subsidiary 410.00 410.00 0.00 4. General corporate purposes 1245.00 807.60 437.40 5. Issue expenses 523.05 523.05 0.00


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 362188000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 20119000
Adjustments for depreciation and amortisation expense 38198000
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 -8591000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 1740000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) 51466000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables -313958000
Adjustments for decrease (increase) in other current assets -18623000
Adjustments for increase (decrease) in trade payables 38552000
Adjustments for increase (decrease) in other current liabilities 41396000
Adjustments for provisions 0
Total adjustments for working capital -252633000
Total adjustments for reconcile profit (loss) -201167000
Net cash flows from (used in) operations 161021000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 30207000
Other inflows (outflows) of cash -524000
Net cash flows from (used in) operating activities before extraordinary items 130290000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities 130290000
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 155585000
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 8591000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 52812000
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -94182000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -94182000
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 -13202000
Dividends paid 0
Interest paid 20119000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 1190000
Net cash flows from (used in) financing activities before extraordinary items -5727000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities -5727000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 30381000
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 30381000
Cash and cash equivalents cash flow statement at beginning of period 102832000
Cash and cash equivalents cash flow statement at end of period 133213000


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 146779000
Reserves and surplus 1164219000
Money received against share warrants 0
Total shareholders' funds 1310998000
2 Share application money pending allotment 0
3 Deferred government grants 0
4 Minority interest 791000
5 Non-current liabilities
Long-term borrowings 141519000
Deferred tax liabilities (net) 0
Foreign currency monetary item translation difference liability account 0
Other long-term liabilities 0
Long-term provisions 5981000
Total non-current liabilities 147500000
6 Current liabilities
Short-term borrowings 51952000
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 59520000
Total Trade payable 59520000
Other current liabilities 170361000
Short-term provisions 61548000
Total current liabilities 343381000
Total equity and liabilities 1802670000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 76669000
Producing properties 0
Intangible assets 163847000
Preproducing properties 0
Property, Plant and Equipment capital work-in-progress 0
Intangible assets under development or work-in-progress 286959000
Total Property, Plant and Equipment and Intangible assets 527475000
ii Non-current investments 15334000
v Deferred tax assets (net) 10216000
vi Foreign currency monetary item translation difference asset account 0
vii Long-term loans and advances 0
viii Other non-current assets 48498000
Total non-current assets 601523000
Current assets
Current investments 66307000
Inventories 0
Trade receivables 748660000
Cash and cash equivalents 133213000
Bank balance other than cash and cash equivalents 0
Short-term loans and advances 1226000
Other current assets 251741000
Total current assets 1201147000
Total assets 1802670000
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 IT Services 323409000 585900000
2 Manpower Supply 443507000 811800000
3 Georgraphical segment 371033000 719200000
Total Segment Revenue 1137949000 2116900000
Less: Inter segment revenue 0 0
Revenue from operations 1137949000 2116900000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 IT Services 97517000 154030000
2 Manpower Supply 10594000 15987000
3 Georgraphical segment 129057000 192171000
Total Profit before tax 237168000 362188000
i. Finance cost 0 0
ii. Other Unallocable Expenditure net off Unallocable income 0 0
Profit before tax 237168000 362188000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 IT Services 1137058000 1137058000
2 Manpower Supply 160639000 160639000
3 Georgraphical segment 504973000 504973000
Total Segment Asset 1802670000 1802670000
Un-allocable Assets 0 0
Net Segment Asset 1802670000 1802670000
4 Segment Liabilities
Segment Liabilities
1 IT Services 1137058000 1137058000
2 Manpower Supply 160639000 160639000
3 Georgraphical segment 504973000 504973000
Total Segment Liabilities 1802670000 1802670000
Un-allocable Liabilities 0 0
Net Segment Liabilities 1802670000 1802670000
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 A Y & Company Yes 31-Jul-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