INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol RBS
MSEI Symbol NOTLISTED
ISIN INE0RJH01010
Name of Company RAMDEVBABA SOLVENT 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 27-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 19-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 Edible Oil
Start date and time of board meeting 27-May-2025   12:30:00
End date and time of board meeting 27-May-2025   17:00:00
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 2025-05-27
Indicate Company website link for updated RPT policy of the Company https://www.ramdevbabasol.com/
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 2
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
There is No Default in the repayment of Loan and no debt security has been issued by the company.


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 5267091000 9284318000
Other income 36662000 71606000
Total Income 5303753000 9355924000
2 Expenses
(a) Cost of materials consumed 3331418000 5800818000
(b) Purchases of stock-in-trade 1103143000 2033009000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 79097000 93927000
(d) Employee benefit expense 62314000 109116000
(e) Finance costs 40199000 80230000
(f) Depreciation and amortisation expense 24307000 48262000
(g) Other Expenses
1 Other Expenses 570322000 989175000
Total other expenses 570322000 989175000
Total expenses 5210800000 9154537000
3 Profit before exceptional and extraordinary items and tax 92953000 201387000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax 92953000 201387000
6 Extraordinary items 0 0
7 Profit before tax 92953000 201387000
8 Tax Expense
Current tax 16412000 35640000
Deferred tax 6871000 15433000
Total tax expenses 23283000 51073000
9 Net Profit Loss for the period from continuing operations 69670000 150314000
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 69670000 150314000
14 Share of profit (loss) of associates
15 Profit (loss) of minority interest
16 Net profit (Loss) for the period 69670000 150314000
17 Details of equity share capital
Paid-up equity share capital 228614000 228614000
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve 1286569000
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 3.19 6.88
Diluted earnings (loss) per share from continuing and discontinued operations 3.19 6.88
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 audited financial result for the half year and year ended 31st March 2025 has been prepared by the company in accordance with Regulation 33 of Securities Exchange Board of India (Listing obligation and disclosure requirements) Regulations,2015 as amended and applicable Accounting Standards prescribed under Section 133 of the Companies Act 2013 read with specific rules made there under 2. The above audited financial results for the half year and year ended 31st March 2025 have been reviewed & recommended by the Audit Committee to the Board. The same are considered and approved by the Board of Directors at their meeting held on Tuesday 27th May 2025. 3. The company is operating in a single segment as defined in AS 17 Segment Reporting , hence segment reporting is not applicable to the company. 4. The company has Two subsidiaries namely M/s RBS RENEWABLES PRIVATE LIMITED And M/s TOO GUD FMCG PRODUCTS PRIVATE LIMITED; Therefore standalone and consolidated financial results are presented. 5. During the year, The company has made a fresh issue of 59,13,600 Equity Shares through IPO at Rs.85.00 (Face Value of Rs. 10/-) to the Public. The company has got listed on NSE Emerge platform on 23/04/2024. 6. The Status of investor complaints received by the Company are as follows: li Received during the period from 1st October, 2024 to 31st March, 2025: NIL ii. Disposed during the period from 1st October, 2024 to 31st March, 2025: NIL iii. Pending as on 31st March, 2025: NIL 7. The Statutory Auditors of the company have carried out an audit of the above results for the financial year ended 31st March, 2025 and have issued an unmodified opinion on the same. 8. The figures for the corresponding previous period have been regrouped/reclassified wherever considered necessary to confirm to the figures presented in the current period. 9. During the year, The company has allotted 7,36,000 Equity Shares through Preferential Issue at Rs. 139/- (Face Value of Rs. 10/-) to Public. The company received Listing Approval from the Stock Exchange on Dt. 13/03/2025 and Trading Approval on Dt. 02/04/2025. 10. The company has issued 11,37,600 Warrants fully convertible into equity shares through Preferential Issue at Rs. 139/- (Face Value of Rs. 10/-) to Promoters of the company. The company has received 50% of the amount for the warrants. The 11,37,600 warrants shall be converted into equity shares once the balance 50% amount will be received by the company.


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 201387000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 80230000
Adjustments for depreciation and amortisation expense 48262000
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 -4946000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) 123546000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories -137284000
Adjustments for decrease (increase) in trade receivables 83140000
Adjustments for decrease (increase) in other current assets -14613000
Adjustments for increase (decrease) in trade payables -88328000
Adjustments for increase (decrease) in other current liabilities 35490000
Adjustments for provisions 3322000
Total adjustments for working capital -118273000
Total adjustments for reconcile profit (loss) 5273000
Net cash flows from (used in) operations 206660000
Dividends received 0
Interest paid 25642000
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash -301323000
Net cash flows from (used in) operating activities before extraordinary items -120305000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities -120305000
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 -67905000
Purchase of intangible assets 176649000
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 4946000
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 -239608000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -239608000
Cash flows from used in financing activities
Proceeds from issuing shares 637272000
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 166576000
Dividends paid 0
Interest paid 80230000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities before extraordinary items 390466000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 390466000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 30553000
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 30553000
Cash and cash equivalents cash flow statement at beginning of period 1741000
Cash and cash equivalents cash flow statement at end of period 32294000


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 228614000
Reserves and surplus 1207505000
Money received against share warrants 79063000
Total shareholders' funds 1515182000
2 Share application money pending allotment 0
3 Deferred government grants 0
4 Minority interest
5 Non-current liabilities
Long-term borrowings 262008000
Deferred tax liabilities (net) 63010000
Foreign currency monetary item translation difference liability account 0
Other long-term liabilities 0
Long-term provisions 7354000
Total non-current liabilities 332372000
6 Current liabilities
Short-term borrowings 680139000
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 127884000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 96040000
Total Trade payable 223924000
Other current liabilities 99370000
Short-term provisions 37482000
Total current liabilities 1040915000
Total equity and liabilities 2888469000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 964080000
Producing properties 0
Intangible assets 0
Preproducing properties 0
Property, Plant and Equipment capital work-in-progress 134436000
Intangible assets under development or work-in-progress 0
Total Property, Plant and Equipment and Intangible assets 1098516000
ii Non-current investments 142970000
v Deferred tax assets (net) 0
vi Foreign currency monetary item translation difference asset account 0
vii Long-term loans and advances 329321000
viii Other non-current assets 22493000
Total non-current assets 1593300000
Current assets
Current investments 0
Inventories 752050000
Trade receivables 322993000
Cash and cash equivalents 32294000
Bank balance other than cash and cash equivalents 0
Short-term loans and advances 9236000
Other current assets 178596000
Total current assets 1295169000
Total assets 2888469000
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 M/s Borkar and Muzumdar Yes 31-May-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 23-Apr-2024
Amount Raised 446158000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable
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 NA
Comments of the Audit Committee after review The Audit Committee has reviewed that there is no deviation / variation in the utilization of funds raised through IPO.
Comments of the auditors, if any None
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 Setting up of new manufacturing facility Not Applicable 188140000 0 168140000 0 Rs. 200 Lakhs is maintained as Bank balance with bank for making payments towards setting up of new manufacturing facility.
2 Repayment in full or in part, of certain of our outstanding borrowings Not Applicable 84196000 0 84196000 0 The Amount Fully Utilized for the Object as mentioned in the Offer Document.
3 Funding the working capital requirements of our Company Not Applicable 120000000 0 120000000 0 The Amount Fully Utilized for the Object as mentioned in the Offer Document.
4 General corporate purposes Not Applicable 53822000 0 53822000 0 The Amount Fully Utilized for the Object as mentioned in the Offer Document.


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (2)
Mode of Fund Raising Preferential Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 15-Feb-2025
Amount Raised 260430000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable
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 NA
Comments of the Audit Committee after review The Audit Committee has reviewed that there is no deviation / variation in the utilization of funds raised through Preferential Issue.
Comments of the auditors, if any None
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 Capital Enhancement in RBS Renewables Private Limited Not Applicable 52050000 0 52050000 0 The Amount Fully Utilized for the Object as mentioned in the Offer Document.
2 Infusion of Funds towards repayment of unsecured loan by RBS Renewables Private Limited Not Applicable 115000000 0 115000000 0 The Amount Fully Utilized for the Object as mentioned in the Offer Document.
3 Margin money for working capital purpose for RBS Renewables Private Limited Not Applicable 32500000 0 0 0 The amount of Rs. 325.00 lakhs is yet to be received by the company from warrant holders against their 50% contribution and hence unutilized.
4 General corporate purposes Not Applicable 60880000 0 14317000 0 The amount of Rs. 465.63 lakhs is yet to be received by the company from warrant holders against their 50% contribution and hence unutilized.


Signatory Details
Name of signatory Nilesh Suresh Mohata
Designation of person Managing Director
Place Nagpur
Date 27-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 Ramdevbaba Solvent Limited Prabhukrupa Rice Mill Promoter Group Entity Purchase of goods or services 97090000 NA 97090000 5677000 2532000
2 Ramdevbaba Solvent Limited Prabhukrupa Exports Promoter Group Entity Purchase of goods or services 2234000 NA 2234000 375000 139000
3 Ramdevbaba Solvent Limited Shri Balaji Rice Products Pvt Ltd Promoter Group Entity Purchase of goods or services 59092000 NA 59092000 2991000 1715000
4 Ramdevbaba Solvent Limited Balaji Food Industries Promoter Group Entity Purchase of goods or services 63149000 NA 63149000 4082000 2142000
5 Ramdevbaba Solvent Limited M K B Foods Pvt. Ltd. Promoter Group Entity Purchase of goods or services 63209000 NA 63209000 4668000 1924000
6 Ramdevbaba Solvent Limited Pratik Prashant Bhaiya Promoter Group Any other transaction Freight Payment 179000 NA 179000 0 0
7 Ramdevbaba Solvent Limited Aayush Prashant Bhaiya KMP Remuneration 798000 NA 798000 50000 100000
8 Ramdevbaba Solvent Limited Aayush Prashant Bhaiya KMP Any other transaction Freight Payment 56000 NA 56000 0 0
9 Ramdevbaba Solvent Limited Madangopal Kisanlal Bhaiya Promoter Group Entity Purchase of goods or services 39000 NA 39000 0 0
10 Ramdevbaba Solvent Limited Pranav Nilesh Mohata Promoter Any other transaction Salary Payment 273000 NA 273000 0 0
11 Ramdevbaba Solvent Limited Tushar Ramesh Mohata Director Remuneration 2700000 NA 2700000 100000 0
12 Ramdevbaba Solvent Limited Prashant Kisanlal Bhaiya Director Remuneration 6600000 NA 6600000 0 2100000
13 Ramdevbaba Solvent Limited Nilesh Suresh Mohata Director Remuneration 2700000 NA 2700000 100000 0
14 Ramdevbaba Solvent Limited Snehalata Bhaiya Promoter Any other transaction Rent Paid 60000 NA 60000 0 0
15 Ramdevbaba Solvent Limited Tushar Ramesh Mohata Director Any other transaction Provision for Interest Payment 3447000 NA 3447000 5103000 3447000
16 Ramdevbaba Solvent Limited Prashant Kisanlal Bhaiya Director Any other transaction Provision for Interest Payment 819000 NA 819000 1431000 819000
17 Ramdevbaba Solvent Limited Nilesh Suresh Mohata Director Any other transaction Provision for Interest Payment 1888000 NA 1888000 4452000 1888000
18 Ramdevbaba Solvent Limited RBS Renewables Pvt Ltd Subsidiary Company Loan 273000000 NA 273000000 0 273000000 Loan 0 On Demand Unsecured Working Capital Textual Information(1)
19 Ramdevbaba Solvent Limited Too Gud FMCG Product Pvt. Ltd. Subsidiary Company Loan 100000 NA 100000 0 100000 Loan 0 On Demand Unsecured Working Capital Textual Information(2)
20 Ramdevbaba Solvent Limited Tushar Ramesh Mohata Director Loan 37292000 NA 37292000 52282000 14991000 Loan 0.09 On Demand Unsecured Working Capital Textual Information(3)
21 Ramdevbaba Solvent Limited Prashant Kisanlal Bhaiya Director Loan 16501000 NA 16501000 19410000 2909000 Loan 0.09 On Demand Unsecured Working Capital Textual Information(4)
22 Ramdevbaba Solvent Limited Nilesh Suresh Mohata Director Loan 48127000 NA 48127000 48338000 211000 Loan 0.09 On Demand Unsecured Working Capital Textual Information(5)
Total value of transaction during the reporting period 679353000



Text Block
Textual Information(1) Unsecured Loan Given
Textual Information(2) Unsecured Loan Given
Textual Information(3) Unsecured Loan Taken form Director by the company, out of which certain amount repaid during the Year.
Textual Information(4) Unsecured Loan Taken form Director by the company, out of which certain amount repaid during the Year.
Textual Information(5) Unsecured Loan Taken form Director by the company, out of which certain amount repaid during the Year.