INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol PURVFLEXI
MSEI Symbol NOTLISTED
ISIN INE0R6C01012
Name of Company PURV FLEXIPACK 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 28-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 24-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 The company is mainly engages in the distribution of various plastic based products such as Biaxially Oriented Polypropylene(BOPP) film, Polyester Films, Cast Polypropylene(CPP) films, Plastic granuals, Inks, Adhesives, Masterbathes, Ethyl Acedate and Titanium Dioxide and in addition our company is a Del Credere Associate (DCA) of Indian Oil Corporation Limited and operates as a Dealer Operated Polymer Warehouse (DOPW) for their polymer division.
Start date and time of board meeting 28-May-2025   16:00:00
End date and time of board meeting 28-May-2025   17:35:00
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 2214592000 3979995000
Other income 206905000 386437000
Total Income 2421497000 4366432000
2 Expenses
(a) Cost of materials consumed 759585000 1295433000
(b) Purchases of stock-in-trade 1243638000 2273989000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -46640000 -63257000
(d) Employee benefit expense 50644000 93335000
(e) Finance costs 76920000 152302000
(f) Depreciation and amortisation expense 42325000 76009000
(g) Other Expenses
1 Other Expenses 214230000 337524000
Total other expenses 214230000 337524000
Total expenses 2340702000 4165335000
3 Profit before exceptional and extraordinary items and tax 80795000 201097000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax 80795000 201097000
6 Extraordinary items -1611000 -1072000
7 Profit before tax 79184000 200025000
8 Tax Expense
Current tax 17369000 41418000
Deferred tax 3864000 9185000
Total tax expenses 21233000 50603000
9 Net Profit Loss for the period from continuing operations 57951000 149422000
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 57951000 149422000
14 Share of profit (loss) of associates 0 0
15 Profit (loss) of minority interest -26087000 -45389000
16 Net profit (Loss) for the period 31864000 104033000
17 Details of equity share capital
Paid-up equity share capital 209828000 209828000
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 1.52 4.96
Diluted earnings (loss) per share from continuing and discontinued operations 1.52 4.96
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 Consolidated financial results for the Half Year Ended and Financial Year Ended on March 31, '25 have been prepared by the Company in accordance with regulation 33 of SEBI (Listing Obligation & Disclosure Requirements) Regulations 2015 (as amended) and were reviewed and recommended by the Audit Committee of the Board and thereafter were approved and taken on record by the board of directors in their meeting held on 28th May, '25.Mr. Vanshay Goenka Managing Director of the Company are authorized by Board of Directors to sign the Financial Results. 2. Previous Year's /period's figures have been regrouped/rearranged/ restated/adjusted/rectified wherever considered necessary. 3. The Consolidated audited financial results are prepared in accordance with the Accounting Standards Prescribed urder Section 133 of the Companies Act,2013 read with Rule 7 of the Companies (Accounts) Rules, 2014 (as amended) and other recognised accounting practices and policies, as applicable. 4. The statement includes the results for the half year ended 31st March, '25 being the balancing figure between audited figures in respect of the full financial year and the Audited figures in respect of 1st half year of the current financial year 2024-25. 5. In accordance with Regulation 33 of SEBI LODR Regulation 2015, The above results have been reviewed by Statutory Auditors of the Company. 6. Company is mainly engages in the distribution of various plastic-based products such as Biaxially Oriented Polypropylene (BOPP) film, Polyester Films, Cast Polypropylene (CPP) films, Plastic granules, Inks, Adhesives, Masterbatches, Ethyl Acedate, and Titanium Dioxide. and In addition, our company is a Del Credere Associate (DCA) of Indian Oil Corporation Limited and operates as a Dealer Operated Polymer Warehouse (DOPW) for their polymer division. and external preparations looking into the nature of business company is operating under single segment hence segment reporting is not applicable to Company. 6. The Parent company operates as a Del Credere Associate (DCA) and a dealer operated polymer warehouse (DOPW) for Indian Oil Corporation Ltd (IOCL) in its polymer devision. In Line with its business model, the company facilates the sale and distribution of IOCL Polimers and assumes the credit risk associated with such transactions under the DCA arrangements. As on 31st March 2025, the total trade receivables outstnding amount to Rs. 11796.93 Lakhs. Out of which, an amount of Rs. 2085.78 Lakhs partains to receivables arising from transactions conducted under the DCA arrangements with IOCL. This receivables represents amounts due from customer to whom polymers were supplied under the DOPW model facilated by the company as an authorised DCA of IOCL. 7. The Status of investor's complaints during the year ended on March 31,'25 as under:- Complaints pending at the beginning of the period Nil Complaints received during the period Nil Complaints disposed during the period Nil Complaints resolved at the end of the period Nil 8. Name of the company Relationship Country of Incorporation % of holding and voting power either directly or indirectly through subsidiary (as at 31st March, 2024) Cool Caps Industries Limited Subsidiary India 62.08% Purv Ecoplast Private Limited Fellow- Subsidiary India 62.08% Purv Technoplast Private Fellow-Subsidiary India 62.08% Limited (Erstwhile known as Purv Packaging Private Limited Fellow-Subsidiary India 62.08% Re.Act Waste Tech Private Fellow-Subsidiary India 62.08% Limited


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 201097000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 302257000
Adjustments for depreciation and amortisation expense 76009000
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 -891000
Adjustments for share-based payments 0
Other adjustments for which cash effects are investing or financing cash flow -1062000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items -4745000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships -10000
Total adjustments to profit (loss) 373340000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories -160430000
Adjustments for decrease (increase) in trade receivables -485323000
Adjustments for decrease (increase) in other current assets 13291000
Adjustments for increase (decrease) in trade payables 87433000
Adjustments for increase (decrease) in other current liabilities -88073000
Adjustments for provisions -1725000
Total adjustments for working capital -634827000
Total adjustments for reconcile profit (loss) -261487000
Net cash flows from (used in) operations -60390000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 20436000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items -80826000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities -80826000
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 4641000
Other cash receipts from sales of interests in joint ventures 891000
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 333924000
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 49360000
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 6994000
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -281320000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -281320000
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 31841000
Repayments of borrowings 42739000
Dividends paid 0
Interest paid 152302000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 425286000
Net cash flows from (used in) financing activities before extraordinary items 262086000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 262086000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -100060000
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 -100060000
Cash and cash equivalents cash flow statement at beginning of period 123626000
Cash and cash equivalents cash flow statement at end of period 23566000


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 209828000
Reserves and surplus 1164477000
Money received against share warrants 0
Total shareholders' funds 1374305000
2 Share application money pending allotment 0
3 Deferred government grants 0
4 Minority interest 205573000
5 Non-current liabilities
Long-term borrowings 723389000
Deferred tax liabilities (net) 36987000
Foreign currency monetary item translation difference liability account 0
Other long-term liabilities 558000
Long-term provisions 9628000
Total non-current liabilities 770562000
6 Current liabilities
Short-term borrowings 1148596000
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 188939000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 197104000
Total Trade payable 386043000
Other current liabilities 49745000
Short-term provisions 36565000
Total current liabilities 1620949000
Total equity and liabilities 3971389000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 1231044000
Producing properties 17987000
Intangible assets 0
Preproducing properties 0
Property, Plant and Equipment capital work-in-progress 104428000
Intangible assets under development or work-in-progress 3741000
Total Property, Plant and Equipment and Intangible assets 1357200000
ii Non-current investments 141795000
v Deferred tax assets (net) 0
vi Foreign currency monetary item translation difference asset account 0
vii Long-term loans and advances 124873000
viii Other non-current assets 18774000
Total non-current assets 1642642000
Current assets
Current investments 0
Inventories 493900000
Trade receivables 1179693000
Cash and cash equivalents 23566000
Bank balance other than cash and cash equivalents 0
Short-term loans and advances 535731000
Other current assets 95857000
Total current assets 2328747000
Total assets 3971389000
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 Keyur Shah & Associates Yes 31-Jul-2027