INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol HOMESFY
MSEI Symbol NOTLISTED
ISIN INE0N7F01017
Name of Company HOMESFY REALTY 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 24-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 16-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 Real Estate Broking
Start date and time of board meeting 24-May-2025   12:45:00
End date and time of board meeting 24-May-2025   13:10:00
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 Statement on impact of audit qualification


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 284793000 586708000
Other income 8258000 13852000
Total Income 293051000 600560000
2 Expenses
(a) Cost of materials consumed 0 0
(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 141865000 282687000
(e) Finance costs 133000 1988000
(f) Depreciation and amortisation expense 5120000 8485000
(g) Other Expenses
1 Advertisement and promotion expenses 72359000 138969000
2 Commission 35156000 80278000
3 Conveyance and travel expenses 1710000 3481000
4 Electricity Charges 1259000 2837000
5 PDD 7761000 7761000
6 Professional fees 6562000 10837000
7 Rent, Rates & Taxes 14537000 30049000
8 Tools and software expenses 2475000 5471000
9 Office Expense 4041000 8267000
10 Other Expenses 206000 492000
Total other expenses 146066000 288442000
Total expenses 293184000 581602000
3 Profit before exceptional and extraordinary items and tax -133000 18958000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax -133000 18958000
6 Extraordinary items 0 0
7 Profit before tax -133000 18958000
8 Tax Expense
Current tax 154000 5223000
Deferred tax 207000 -15000
Total tax expenses 361000 5208000
9 Net Profit Loss for the period from continuing operations -494000 13750000
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 -494000 13750000
14 Share of profit (loss) of associates 0 0
15 Profit (loss) of minority interest 0 0
16 Net profit (Loss) for the period -494000 13750000
17 Details of equity share capital
Paid-up equity share capital 32262000 32262000
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve 469960000
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -0.16 4.46
Diluted earnings (loss) per share from continuing and discontinued operations -0.16 4.46
20 Debt equity ratio
21 Debt service coverage ratio
22 Interest service coverage ratio
23 Disclosure of notes on financial results


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 18958000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 1988000
Adjustments for depreciation and amortisation expense 8485000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for unrealised foreign exchange losses gains -267000
Adjustments for dividend income 0
Adjustments for share-based payments 959000
Other adjustments for which cash effects are investing or financing cash flow -9399000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 7761000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) 9527000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables 10492000
Adjustments for decrease (increase) in other current assets -6850000
Adjustments for increase (decrease) in trade payables 1939000
Adjustments for increase (decrease) in other current liabilities 3755000
Adjustments for provisions -800000
Total adjustments for working capital 8536000
Total adjustments for reconcile profit (loss) 18063000
Net cash flows from (used in) operations 37021000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 5223000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items 31798000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities 31798000
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 20436000
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 9399000
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 -11037000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -11037000
Cash flows from used in financing activities
Proceeds from issuing shares 94908000
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 449000
Repayments of borrowings 0
Dividends paid 0
Interest paid 1988000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities before extraordinary items 93369000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 93369000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 114130000
6 Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents -289000
Net increase (decrease) in cash and cash equivalents 113841000
Cash and cash equivalents cash flow statement at beginning of period 139695000
Cash and cash equivalents cash flow statement at end of period 253536000


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 32262000
Reserves and surplus 469960000
Money received against share warrants 0
Total shareholders' funds 502222000
2 Share application money pending allotment 0
3 Deferred government grants 0
4 Minority interest 0
5 Non-current liabilities
Long-term borrowings 1890000
Deferred tax liabilities (net) 0
Foreign currency monetary item translation difference liability account 0
Other long-term liabilities 0
Long-term provisions 8050000
Total non-current liabilities 9940000
6 Current liabilities
Short-term borrowings 0
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 3635000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 16908000
Total Trade payable 20543000
Other current liabilities 33281000
Short-term provisions 36402000
Total current liabilities 90226000
Total equity and liabilities 602388000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 2862000
Producing properties 0
Intangible assets 12867000
Preproducing properties 0
Property, Plant and Equipment capital work-in-progress 0
Intangible assets under development or work-in-progress 31862000
Total Property, Plant and Equipment and Intangible assets 47591000
ii Non-current investments 0
v Deferred tax assets (net) 823000
vi Foreign currency monetary item translation difference asset account 0
vii Long-term loans and advances 0
viii Other non-current assets 0
Total non-current assets 48414000
Current assets
Current investments 0
Inventories 0
Trade receivables 247818000
Cash and cash equivalents 253536000
Bank balance other than cash and cash equivalents 0
Short-term loans and advances 11580000
Other current assets 41040000
Total current assets 553974000
Total assets 602388000
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 Statement on impact of audit qualification
Auditor's opinion Qualified 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
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 Venus Shah & Associates LLP Yes 30-Sep-2025


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income 600560000 600560000
2 Total Expenditure 581602000 581602000
3 Net Profit/(Loss) 13750000 13750000
4 Earnings Per Share 4.46 4.46
5 Total Assets 602388000 602388000
6 Total Liabilities 100166000 100166000
7 Net Worth 502222000 502222000


Standalone Audit qualification
Sr. Details of Audit Qualification Type of Audit Qualification Frequency of qualification For Audit Qualification(s) where the impact is quantified by the auditor For Audit Qualification(s) where the impact is not quantified by the auditor
Management's Views (i) Management's estimation on the impact of audit qualification (ii) If management is unable to estimate the impact, reasons for the same Auditors' Comments on (i) or (ii) above
1 Textual Information(1) Qualified opinion Repetitive Textual Information(2) Textual Information(3) Textual Information(4) Textual Information(5)


Text Block
Textual Information(1) We were unable to obtain direct balance confirmations for trade receivables amounting to Rs. 529.51/- (Rs in Lakhs) as at the balance sheet date. In addition to the Company, our audit procedures also included sending balance confirmation requests to all relevant parties. However, no responses were received from these counterparties. Management has represented that it is an industry practice among builders not to provide ledger confirmations. While we acknowledge this representation, we were also unable to perform alternative audit procedures to verify the existence and accuracy of these balances. Accordingly, we were unable to obtain sufficient appropriate audit evidence in respect of these receivables.
Textual Information(2) The Auditors were unable to obtain direct balance confirmations for trade receivables amounting to Rs. 529.51/- (Rs in Lakhs) as at the balance sheet date. The auditor and the Company, both had sent balance confirmation requests to relevant parties. However, no responses were received from these counterparties. According to Management, it is an industry practice among builders not to provide ledger confirmations.
Textual Information(3) Not Applicable
Textual Information(4) Not Applicable
Textual Information(5) Not Applicable


Signatories details

Name of CEO / Managing director Ashish Premprakash Kukreja
Name of CFO Shashank Devendra Mewada
Name of audit committee chairman Sachin Tagra
Name of statutory auditor Venus Shah & Associates LLP
Name of other signatory, if any, with designation
Place Thane
Date 24-May-2025