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 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 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


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 2881391000 5815596000
Other income 2275000 26552000
Total Income 2883666000 5842148000
2 Expenses
(a) Cost of materials consumed 2070805000 4310046000
(b) Purchases of stock-in-trade 538411000 932083000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 7244000 12524000
(d) Employee benefit expense 31395000 74442000
(e) Finance costs 5507000 19233000
(f) Depreciation and amortisation expense 8579000 16098000
(g) Other Expenses
1 Other Expenses 188220000 383859000
Total other expenses 188220000 383859000
Total expenses 2850161000 5748285000
3 Profit before exceptional and extraordinary items and tax 33505000 93863000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax 33505000 93863000
6 Extraordinary items 0 0
7 Profit before tax 33505000 93863000
8 Tax Expense
Current tax 3047000 10884000
Deferred tax 5092000 8966000
Total tax expenses 8139000 19850000
9 Net Profit Loss for the period from continuing operations 25366000 74013000
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 25366000 74013000
14 Share of profit (loss) of associates 0 0
15 Profit (loss) of minority interest 0 0
16 Net profit (Loss) for the period 25366000 74013000
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 1262044000
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 7.37 21.4
Diluted earnings (loss) per share from continuing and discontinued operations 7.33 21.28
20 Debt equity ratio 0.0017 0.0017
21 Debt service coverage ratio 0.0569 0.0569
22 Interest service coverage ratio 0.0012 1.0E-4
23 Disclosure of notes on financial results Textual Information(1)


Text Block
Textual Information(1) 1. The above Consolidated finanical Results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held oa 22nd May, 2025, The Statutory Auditors have carried ot the audit for the half year ended and year ended 31st March, 2025 and isued unmodified report thereon, These resuls are available on the Company's Website. 2. The Consolidated finanical Results of the Company have been prepared in accordance with accounting standards as prescribed under section 133 of the Companies Act, 2013 read with relevant rules thereunder and in terms of Regulation 33 of the SEBI(LODR) Regulation, 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 years have been regrouped/reclassified/re-arranged wherever necessary to correspond with the current period's classification/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 appicable. 5. As the Company has listed on the Emerge platform of the National Stock Exchange of India Limited ( NSE Emerge ) w.e.f 05th June 2023, the Company has prepared the financial results 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 esch were isuee and allotted under PAPL SIP 2022 scheme. Consequently, the issued and paid up capital of the 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 includes the results for the half year ened March 31, 2025 being the balancing figure between th audied figures in respect of the full financial year ended March 31, 2025 and the published unaudited year-to-dae 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. 10. The subsidairy of the company, Prov Foods Private Limited has terminated the Brand Ambassador Agreement and consequently the outstanding share warrants are resolved to be cancelled.


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 93863000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 19233000
Adjustments for depreciation and amortisation expense 16098000
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 1434000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) 33594000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories -157144000
Adjustments for decrease (increase) in trade receivables 3179000
Adjustments for decrease (increase) in other current assets 43873000
Adjustments for increase (decrease) in trade payables -3201000
Adjustments for increase (decrease) in other current liabilities -3741000
Adjustments for provisions -2658000
Total adjustments for working capital -119692000
Total adjustments for reconcile profit (loss) -86098000
Net cash flows from (used in) operations 7765000
Dividends received -14000
Interest paid 0
Interest received -3736000
Income taxes paid (refund) 7052000
Other inflows (outflows) of cash -15328000
Net cash flows from (used in) operating activities before extraordinary items -18365000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities -18365000
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 109013000
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 3736000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 66324000
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -38939000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -38939000
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 200650000
Repayments of borrowings 0
Dividends paid 0
Interest paid 19233000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities before extraordinary items 184398000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 184398000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 127094000
6 Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 723000
Net increase (decrease) in cash and cash equivalents 127817000
Cash and cash equivalents cash flow statement at beginning of period 220733000
Cash and cash equivalents cash flow statement at end of period 348550000


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 34467000
Reserves and surplus 1262044000
Money received against share warrants 3313000
Total shareholders' funds 1299824000
2 Share application money pending allotment 0
3 Deferred government grants 0
4 Minority interest 1744000
5 Non-current liabilities
Long-term borrowings 58575000
Deferred tax liabilities (net) 0
Foreign currency monetary item translation difference liability account 0
Other long-term liabilities 7456000
Long-term provisions 0
Total non-current liabilities 66031000
6 Current liabilities
Short-term borrowings 162981000
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 42037000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 101371000
Total Trade payable 143408000
Other current liabilities 11267000
Short-term provisions 5961000
Total current liabilities 323617000
Total equity and liabilities 1691216000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 44277000
Producing properties 0
Intangible assets 104000
Preproducing properties 0
Property, Plant and Equipment capital work-in-progress 88896000
Intangible assets under development or work-in-progress 0
Total Property, Plant and Equipment and Intangible assets 133277000
ii Non-current investments 0
v Deferred tax assets (net) 44875000
vi Foreign currency monetary item translation difference asset account 0
vii Long-term loans and advances 0
viii Other non-current assets 6617000
Total non-current assets 184769000
Current assets
Current investments 0
Inventories 474486000
Trade receivables 366199000
Cash and cash equivalents 808000
Bank balance other than cash and cash equivalents 347741000
Short-term loans and advances 279199000
Other current assets 38014000
Total current assets 1506447000
Total assets 1691216000
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)
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