INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol REXPRO
MSEI Symbol NOTLISTED
ISIN INE113601012
Name of Company Rexpro Enterprises 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 26-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 21-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 Unaudited
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 Furniture and Fixtures
Start date and time of board meeting 26-May-2025   14:00:00
End date and time of board meeting 26-May-2025   20:10:00
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 Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(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 2024-08-14
Indicate Company website link for updated RPT policy of the Company www.rexpro.co
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? Yes
No. of times funds raised during the quarter 1
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 Unaudited 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 523845000 983030000
Other income 373000 4614000
Total Income 524218000 987644000
2 Expenses
(a) Cost of materials consumed 331834000 615180000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -47469000 -59212000
(d) Employee benefit expense 24987000 51465000
(e) Finance costs 3858000 6474000
(f) Depreciation and amortisation expense 4071000 7826000
(g) Other Expenses
1 Direct Expenses 114670000 206883000
2 Other Expenses 35529000 52067000
Total other expenses 150199000 258950000
Total expenses 467480000 880683000
3 Profit before exceptional and extraordinary items and tax 56738000 106961000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax 56738000 106961000
6 Extraordinary items 0 0
7 Profit before tax 56738000 106961000
8 Tax Expense
Current tax 15052000 27139000
Deferred tax 198000 -286000
Total tax expenses 15250000 26853000
9 Net Profit Loss for the period from continuing operations 41488000 80108000
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 41488000 80108000
14 Share of profit (loss) of associates
15 Profit (loss) of minority interest
16 Net profit (Loss) for the period 41488000 80108000
17 Details of equity share capital
Paid-up equity share capital 0 112065000
Face value of equity share capital 0 10
18 Reserves excluding revaluation reserve 0
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 4.59 9.43
Diluted earnings (loss) per share from continuing and discontinued operations 4.59 9.43
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 Standalone
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax 106961000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 6474000
Adjustments for depreciation and amortisation expense 7826000
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) 0
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) 14300000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories -102727000
Adjustments for decrease (increase) in trade receivables -153204000
Adjustments for decrease (increase) in other current assets -15822000
Adjustments for increase (decrease) in trade payables 139450000
Adjustments for increase (decrease) in other current liabilities -516000
Adjustments for provisions -856000
Total adjustments for working capital -133675000
Total adjustments for reconcile profit (loss) -119375000
Net cash flows from (used in) operations -12414000
Dividends received 0
Interest paid 0
Interest received -4215000
Income taxes paid (refund) 14512000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items -31141000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities -31141000
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 5259000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Cash advances and loans made to other parties 14473000
Cash receipts from repayment of advances and loans made to other parties -32306000
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 4215000
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 -47823000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -47823000
Cash flows from used in financing activities
Proceeds from issuing shares 445731000
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 11137000
Dividends paid 0
Interest paid 6474000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities before extraordinary items 428120000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 428120000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 349156000
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 349156000
Cash and cash equivalents cash flow statement at beginning of period 10646000
Cash and cash equivalents cash flow statement at end of period 359802000


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 112065000
Reserves and surplus 505946000
Money received against share warrants 0
Total shareholders' funds 618011000
2 Share application money pending allotment 0
3 Deferred government grants 0
4 Minority interest
5 Non-current liabilities
Long-term borrowings 4405000
Deferred tax liabilities (net) 0
Foreign currency monetary item translation difference liability account 0
Other long-term liabilities 0
Long-term provisions 3998000
Total non-current liabilities 8403000
6 Current liabilities
Short-term borrowings 35488000
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 438000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 299513000
Total Trade payable 299951000
Other current liabilities 12117000
Short-term provisions 19525000
Total current liabilities 367081000
Total equity and liabilities 993495000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 28381000
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 28381000
ii Non-current investments 902000
v Deferred tax assets (net) 1932000
vi Foreign currency monetary item translation difference asset account 0
vii Long-term loans and advances 0
viii Other non-current assets 44164000
Total non-current assets 75379000
Current assets
Current investments 0
Inventories 161714000
Trade receivables 332602000
Cash and cash equivalents 359803000
Bank balance other than cash and cash equivalents 0
Short-term loans and advances 14473000
Other current assets 49524000
Total current assets 918116000
Total assets 993495000
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 Unaudited 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 Mittal Agarwal & Company Yes 30-Apr-2028


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)
Mode of Fund Raising Public Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 27-Jan-2025
Amount Raised 471250000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Applicable
Monitoring Agency Name, if applicable Acuite Ratings & Research Limited
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation false
Comments of the Audit Committee after review The Committee put a note that despite multiple follow-ups and the timely submission of all required documents to Acuité Ratings & Research Limited, the rating report has not yet been provided. Several email communications have been exchanged; however, there has been no satisfactory response from the agency. The Company’s Management continues its efforts to engage with Acuité Ratings & Research Limited, but has not received any concrete updates or timelines for the issuance of the report.n
Comments of the auditors, if any
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Purchase of Equipment and Renovation of Factory NA 250000000 0 0 0
2 Funding of working capital NA 100000000 0 36200000 0
3 Pursuing Inorganic Growth NA 35200000 0 0 0
4 General Corporate Expenses NA 58400000 0 53600000 0
5 Fresh Issue Expenses NA 27650000 0 27650000 0


Signatory Details
Name of signatory Shankar Laxman Chalke
Designation of person Chief Financial Officer
Place Vasai
Date 26-May-2025


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 the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved 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)
1 Rexpro Enterprises Limited Premal Shah Key Managerial Personnel Remuneration 3600000 Audit Committee Approved the Same 1800000 228000 228000
2 Rexpro Enterprises Limited Ragesh Bhatia Key Managerial Personnel Remuneration 3600000 Audit Committee Approved the Same 1800000 228000 228000
3 Rexpro Enterprises Limited Ravi Shankar Malla Key Managerial Personnel Remuneration 3600000 Audit Committee Approved the Same 1800000 228000 228000
4 Rexpro Enterprises Limited Minesh Chovatia Key Managerial Personnel Remuneration 3600000 Audit Committee Approved the Same 1800000 228000 228000
5 Rexpro Enterprises Limited Paras Tushar Shah Key Managerial Personnel Any other transaction Director Sitting Fees 120000 Audit Committee Approved the Same 50000 9000 0
6 Rexpro Enterprises Limited Dilip Kumar Swarnkar Key Managerial Personnel Any other transaction Director Sitting Fees 120000 Audit Committee Approved the Same 50000 9000 0
7 Rexpro Enterprises Limited Arshita Singh Key Managerial Personnel Any other transaction Director Sitting Fees 120000 Audit Committee Approved the Same 50000 9000 0
8 Rexpro Enterprises Limited Jyoti Prajapati Key Managerial Personnel Any other transaction Director Sitting Fees 120000 Audit Committee Approved the Same 50000 9000 0
9 Rexpro Enterprises Limited Khushboo Nilesh Rawat Key Managerial Personnel Remuneration 800000 Audit Committee Approved the Same 110000 19000 0
10 Rexpro Enterprises Limited Shankar Laxman Chalke Key Managerial Personnel Remuneration 1500000 Audit Committee Approved the Same 558000 87000 87000
11 Rexpro Enterprises Limited Rexprovac Enterprises Private Limited Enterprises over which Key Managerial Personnel (KMP) are able to exercise influential control Any other transaction Rent Expenses 20000000 Audit Committee Approved the Same 4200000 1592000 1428000
12 Rexpro Enterprises Limited Arihant Metal Coats Enterprises over which Key Managerial Personnel (KMP) are able to exercise influential control Purchase of goods or services 20000000 Audit Committee Approved the Same 1300000 0 468000
13 Rexpro Enterprises Limited Accurate Logistics Enterprises over which Key Managerial Personnel (KMP) are able to exercise influential control Purchase of goods or services 20000000 Audit Committee Approved the Same 15948000 12112000 10003000
14 Rexpro Enterprises Limited Progulf Werehousing Solutions LLP Subsidiary Purchase of goods or services 20000000 Audit Committee Approved the Same 9999000 0 11799000
15 Rexpro Enterprises Limited Progulf Werehousing Solutions LLP Subsidary As per accounting Standards/Enterprises over which Key Managerial Personnel (KMP) are able to exercise influential control Sale of goods or services 20000000 Audit Committee Approved the Same 256000 2981000 2686000
16 Rexpro Enterprises Limited Progulf Werehousing Solutions LLP Subsidary As per accounting Standards/Enterprises over which Key Managerial Personnel (KMP) are able to exercise influential control Any other transaction Current Capital 50000000 Audit Committee Approved the Same 14473000 0 14473000
17 Rexpro Enterprises Limited Premal Shah Key Managerial Personnel Any other transaction Reimbursement of IPO expenses Audit Committee Approved the Same 840000 1080000 241000
18 Rexpro Enterprises Limited Ragesh Bhatia Key Managerial Personnel Any other transaction Reimbursement of IPO expenses Audit Committee Approved the Same 840000 1256000 416000
19 Rexpro Enterprises Limited Ravi Shankar Malla Key Managerial Personnel Any other transaction Reimbursement of IPO expenses Audit Committee Approved the Same 840000 900000 60000
20 Rexpro Enterprises Limited Minesh Chovatia Key Managerial Personnel Any other transaction Reimbursement of IPO expenses Audit Committee Approved the Same 840000 1403000 563000
Total value of transaction during the reporting period 57604000