INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol PROV
MSEI Symbol NOTLISTED
ISIN INE0ONE01016
Name of Company PROVENTUS AGROCOM 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 14-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 AGRO COMMODITY
Start date and time of board meeting 22-May-2025   16:00:00
End date and time of board meeting 22-May-2025   20:30:00
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? 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 2025-03-05
Indicate Company website link for updated RPT policy of the Company https://www.proventusagro.com/investors-1
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? No
No. of times funds raised during the quarter
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 1951486000 3800018000
Other income 8829000 42006000
Total Income 1960315000 3842024000
2 Expenses
(a) Cost of materials consumed 0 0
(b) Purchases of stock-in-trade 1875741000 3618162000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 5366000 36857000
(d) Employee benefit expense 20739000 55159000
(e) Finance costs 1161000 7913000
(f) Depreciation and amortisation expense 2031000 3597000
(g) Other Expenses
1 Other Expenses 30770000 71302000
Total other expenses 30770000 71302000
Total expenses 1935808000 3792990000
3 Profit before exceptional and extraordinary items and tax 24507000 49034000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax 24507000 49034000
6 Extraordinary items 0 0
7 Profit before tax 24507000 49034000
8 Tax Expense
Current tax 1551000 2361000
Deferred tax 5215000 10575000
Total tax expenses 6766000 12936000
9 Net Profit Loss for the period from continuing operations 17741000 36098000
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 17741000 36098000
14 Share of profit (loss) of associates
15 Profit (loss) of minority interest
16 Net profit (Loss) for the period 17741000 36098000
17 Details of equity share capital
Paid-up equity share capital 34467000 34467000
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve 1188624000
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 5.35 10.5
Diluted earnings (loss) per share from continuing and discontinued operations 5.3 10.44
20 Debt equity ratio 0.0 0.0
21 Debt service coverage ratio 0.1803 0.0602
22 Interest service coverage ratio 0.1803 0.072
23 Disclosure of notes on financial results Textual Information(1)


Text Block
Textual Information(1) 1. The above Standalone financial Resuits have been reviewed by the Audit Commitiee and approved by the Board of Directors a their respective meetings held on 22nd May, 2025. The Statutory Auditors have carried out the audit for the half year ended and year ended 31st March, 2025 and issued unmodified report thereon. These results are available on the Company's Website. 2. The standalone audited financial reslts of the Company have been prepared in accordance with accounting standards as prescribed under section 133 of Comparies Act, 2013 read with relavant rules thereunder and in terms of Regulation 33 of the SEBI (LODR) Regulatons, 2015, The compliance relating to INDAS is not applicable on the Company since the company got listed on SME platform on NSE. 3.The Figures for the previous period/ year have been regrouped/reclassified/re-arranged, wherever necessary to correspond with the current period’s classifcation/disclosure/comparable. 4. The Company is operating in the single segment and hence provisions relating to the Segment Reporting as per AS-17 “Segment Reporting” not applicable. 5.As the Company has listed on the Emerge platform of the National Stock Exchange of India Linited ('NSE EMERGE) w.e.f 05th June, 2023, the Company has prepared the financial for the half year ended 30th September, 2024 and year ended on 31st March, 2025. 6. During the half year ended March 31, 2025, 11,925 equity shares of Rs. 10 each were issued and allotted under PAPL SIP 2022 scheme. Consequently, the issued and paid up capital ofthe Company as on 31 March, 2025 stand increased to Rs. 344.67 Lacs. 7. There are no Investors Complaints pending as on 31st March, 2025. 8. The Statement incudes the results for the half year ended March 31, 2025 being the balancing figure between the audited figures in respect of the full financial year ended March 31, 2025 and the published unaudited year-to-date figures up to the first half year of the current financial year. 9. Earning per share not annualized for the half year ended March 31, 2025 and September 30, 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 Standalone
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax 49034000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 7913000
Adjustments for depreciation and amortisation expense 3597000
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 -3171000
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 1105000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) 9444000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories 36857000
Adjustments for decrease (increase) in trade receivables -169743000
Adjustments for decrease (increase) in other current assets 54423000
Adjustments for increase (decrease) in trade payables -43301000
Adjustments for increase (decrease) in other current liabilities -19159000
Adjustments for provisions -3483000
Total adjustments for working capital -144406000
Total adjustments for reconcile profit (loss) -134962000
Net cash flows from (used in) operations -85928000
Dividends received -14000
Interest paid 0
Interest received -19223000
Income taxes paid (refund) -139000
Other inflows (outflows) of cash -15240000
Net cash flows from (used in) operating activities before extraordinary items -120266000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities -120266000
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 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 8129000
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 14000
Interest received 19223000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 65475000
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items 76583000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities 76583000
Cash flows from used in financing activities
Proceeds from issuing shares 2981000
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 149991000
Repayments of borrowings 0
Dividends paid 0
Interest paid 7913000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities before extraordinary items 145059000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 145059000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 101376000
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 101376000
Cash and cash equivalents cash flow statement at beginning of period 214108000
Cash and cash equivalents cash flow statement at end of period 315484000


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 34467000
Reserves and surplus 1188624000
Money received against share warrants 0
Total shareholders' funds 1223091000
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 6830000
Long-term provisions 0
Total non-current liabilities 6830000
6 Current liabilities
Short-term borrowings 0
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 4412000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 44370000
Total Trade payable 48782000
Other current liabilities 7882000
Short-term provisions 4371000
Total current liabilities 61035000
Total equity and liabilities 1290956000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 10527000
Producing properties 0
Intangible assets 36000
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 10563000
ii Non-current investments 72613000
v Deferred tax assets (net) 39098000
vi Foreign currency monetary item translation difference asset account 0
vii Long-term loans and advances 148629000
viii Other non-current assets 2463000
Total non-current assets 273366000
Current assets
Current investments 0
Inventories 147344000
Trade receivables 329288000
Cash and cash equivalents 254000
Bank balance other than cash and cash equivalents 315229000
Short-term loans and advances 222861000
Other current assets 2614000
Total current assets 1017590000
Total assets 1290956000
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 NBT AND CO Yes 31-Dec-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


Signatory Details
Name of signatory
Designation of person
Place
Date


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