INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol KOTYARK
MSEI Symbol NOTLISTED
ISIN INE0J0B01017
Name of Company KOTYARK INDUSTRIES 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 23-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 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 Bio Diesel
Start date and time of board meeting 23-May-2025   16:05:00
End date and time of board meeting 23-May-2025   18:30:00
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 2024-12-24
Indicate Company website link for updated RPT policy of the Company chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://www.kotyark.com/_files/ugd/e196d6_3f68d771057443fdb9291a5ec2f55a01.pdf
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
Company has not make any default on Loans and company has not issued any debt securities


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 870508000 2838087000
Other income 3848000 7507000
Total Income 874356000 2845594000
2 Expenses
(a) Cost of materials consumed 840772000 2341243000
(b) Purchases of stock-in-trade 265739000 296113000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -401276000 -436250000
(d) Employee benefit expense 25946000 47019000
(e) Finance costs 37624000 78358000
(f) Depreciation and amortisation expense 76916000 152576000
(g) Other Expenses
1 Manufacturing Expenses 29687000 63963000
2 Operating and Other Expenses 49394000 104526000
Total other expenses 79081000 168489000
Total expenses 924802000 2647548000
3 Profit before exceptional and extraordinary items and tax -50446000 198046000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax -50446000 198046000
6 Extraordinary items 0 0
7 Profit before tax -50446000 198046000
8 Tax Expense
Current tax -6200000 63849000
Deferred tax -6356000 -6734000
Total tax expenses -12556000 57115000
9 Net Profit Loss for the period from continuing operations -37890000 140931000
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 -37890000 140931000
14 Share of profit (loss) of associates
15 Profit (loss) of minority interest
16 Net profit (Loss) for the period -37890000 140931000
17 Details of equity share capital
Paid-up equity share capital 102791000 102791000
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 -3.69 13.71
Diluted earnings (loss) per share from continuing and discontinued operations -3.69 13.71
20 Debt equity ratio
21 Debt service coverage ratio
22 Interest service coverage ratio
23 Disclosure of notes on financial results Textual Information(1)


Text Block
Textual Information(1) 1.The above standalone financial results of the Company the Statement have been reviewed by the Audit Committee and subsequently approved by the Board of Directors of the Company at its Meeting held on May 23 2025 and have been subjected to audit by the statutory auditors of the company on which the auditors have expressed an unmodified Opinion. 2.The standalone financial results has been prepared in accordance with recognition and measurement principles laid down in the Accounting Standard as prescribed under section 133 of the Companies Act, 2013 read with the Companies Accounting Standards Rules 2021 as amended from time to time and the provisions of the Companies Act 2013 as applicable and guidelines issued by the Securities and Exchange Board of India SEBI and other recognised accounting principles and policies generally accepted in India to the extent possible. These financial results are presented in accordance with the requirements of Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations 2015 read with other relevant rules and circulars issued thereunder. 3.The Company is engaged primarily in the business of manufacturing bio-diesel and all its operations are in India only. Accordingly there is no separate reportable segment as per AS 17 on Segment Reporting in respect of the Company. 4.The Figures for the half year ended March 31 2024 and March 31 2025 are the balancing figures between audited figures in respect of year ended March 31 2024 and March 31 2025 and unaudited figures for the half year ended September 30 2023 and September 30 2024. 5.Audited Statement of Assets and liabilities and Statement of Cash Flow are attached as Annexure A and Annexure B respectively. 6. (i) The Board of Directors of the Company at its meeting held on October 29 2024 has declared an interim dividend of Rs 7.50 per equity share. (ii) The Board of Directors at its meeting held on May 23 2025, has proposed a final dividend of Rs.1.00 per equity share on face value of Rs.10 per equity share for the Financial Year 2024_25. This payment is subject to approval by shareholders in the ensuing Annual General Meeting. 7.Previous year’s or period's figures have been regrouped or reclassified wherever necessary.


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 198046000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 75271000
Adjustments for depreciation and amortisation expense 152576000
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) -98000
Other adjustments for non-cash items -3530000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) 224219000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories -437383000
Adjustments for decrease (increase) in trade receivables 237973000
Adjustments for decrease (increase) in other current assets 10777000
Adjustments for increase (decrease) in trade payables 143208000
Adjustments for increase (decrease) in other current liabilities -5533000
Adjustments for provisions -1879000
Total adjustments for working capital -52837000
Total adjustments for reconcile profit (loss) 171382000
Net cash flows from (used in) operations 369428000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 58672000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items 310756000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities 310756000
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 9500000
Purchase of property plant and equipment 73982000
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 98000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -64384000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -64384000
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 29018000
Dividends paid 154187000
Interest paid 75271000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities before extraordinary items -258476000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities -258476000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -12104000
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 -12104000
Cash and cash equivalents cash flow statement at beginning of period 14069000
Cash and cash equivalents cash flow statement at end of period 1965000


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 102791000
Reserves and surplus 1325768000
Money received against share warrants 0
Total shareholders' funds 1428559000
2 Share application money pending allotment 0
3 Deferred government grants 0
4 Minority interest
5 Non-current liabilities
Long-term borrowings 292702000
Deferred tax liabilities (net) 0
Foreign currency monetary item translation difference liability account 0
Other long-term liabilities 0
Long-term provisions 6050000
Total non-current liabilities 298752000
6 Current liabilities
Short-term borrowings 294555000
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 143207000
Total Trade payable 143207000
Other current liabilities 15919000
Short-term provisions 62297000
Total current liabilities 515978000
Total equity and liabilities 2243289000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 671768000
Producing properties 0
Intangible assets 0
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 671768000
ii Non-current investments 3000000
v Deferred tax assets (net) 2152000
vi Foreign currency monetary item translation difference asset account 0
vii Long-term loans and advances 30686000
viii Other non-current assets 43807000
Total non-current assets 751413000
Current assets
Current investments 0
Inventories 1283116000
Trade receivables 106402000
Cash and cash equivalents 1965000
Bank balance other than cash and cash equivalents 0
Short-term loans and advances 24492000
Other current assets 75901000
Total current assets 1491876000
Total assets 2243289000
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 MANUBHAI & SHAH LLP Yes 29-Feb-2028


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