INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol SDREAMS
MSEI Symbol NOTLISTED
ISIN INE0X6F01017
Name of Company S D RETAIL 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 29-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 20-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 and Trading of garments
Start date and time of board meeting 29-May-2025   16:30:00
End date and time of board meeting 29-May-2025   17:25:00
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 2024-06-20
Indicate Company website link for updated RPT policy of the Company https://cdn.shopify.com/s/files/1/0490/3331/4465/files/7.Policy_on_Related_Party_Transactions.pdf?v=1719817913
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
Pursuant to the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and circulars issued thereunder, we wish to inform that: S D RETAIL LIMITED, a company listed on the NSE SME Platform, has neither issued any debt securities nor availed any loan facilities from banks or financial institutions that are currently in default. The Company deals solely in equity shares and, as on date, there is no instance of default in repayment of any borrowings or interest thereon.


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 1013601000 1730432000
Other income 19430000 21392000
Total Income 1033031000 1751824000
2 Expenses
(a) Cost of materials consumed 484866000 892904000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -5765000 -46913000
(d) Employee benefit expense 83007000 160696000
(e) Finance costs 8676000 31809000
(f) Depreciation and amortisation expense 14565000 25248000
(g) Other Expenses
1 Other Expenses 332804000 580740000
Total other expenses 332804000 580740000
Total expenses 918153000 1644484000
3 Profit before exceptional and extraordinary items and tax 114878000 107340000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax 114878000 107340000
6 Extraordinary items 0 0
7 Profit before tax 114878000 107340000
8 Tax Expense
Current tax 28951000 29191000
Deferred tax -4958000 -7408000
Total tax expenses 23993000 21783000
9 Net Profit Loss for the period from continuing operations 90885000 85557000
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 90885000 85557000
14 Share of profit (loss) of associates
15 Profit (loss) of minority interest
16 Net profit (Loss) for the period 90885000 85557000
17 Details of equity share capital
Paid-up equity share capital 187224000 187224000
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 4.85 5.25
Diluted earnings (loss) per share from continuing and discontinued operations 4.85 5.25
20 Debt equity ratio 0.003 0.003
21 Debt service coverage ratio 0.3027 1.3872
22 Interest service coverage ratio 0.1592 0.0517
23 Disclosure of notes on financial results


Remarks
20 Debt equity ratio
21 Debt service coverage ratio Higher 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 107340000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 14014000
Adjustments for depreciation and amortisation expense 25248000
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) 293000
Other adjustments for non-cash items -443000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) 39112000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories -42943000
Adjustments for decrease (increase) in trade receivables 15860000
Adjustments for decrease (increase) in other current assets -2334000
Adjustments for increase (decrease) in trade payables -46583000
Adjustments for increase (decrease) in other current liabilities 6707000
Adjustments for provisions -23403000
Total adjustments for working capital -92696000
Total adjustments for reconcile profit (loss) -53584000
Net cash flows from (used in) operations 53756000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 38249000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items 15507000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities 15507000
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 1499000
Purchase of property plant and equipment 46067000
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 17214000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -460511000
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -487865000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -487865000
Cash flows from used in financing activities
Proceeds from issuing shares 649760000
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 1178000
Repayments of borrowings 106125000
Dividends paid 0
Interest paid 31808000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -45574000
Net cash flows from (used in) financing activities before extraordinary items 467431000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 467431000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -4927000
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 -4927000
Cash and cash equivalents cash flow statement at beginning of period 37163000
Cash and cash equivalents cash flow statement at end of period 32236000


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 187224000
Reserves and surplus 917100000
Money received against share warrants 0
Total shareholders' funds 1104324000
2 Share application money pending allotment 0
3 Deferred government grants 0
4 Minority interest
5 Non-current liabilities
Long-term borrowings 965000
Deferred tax liabilities (net) 0
Foreign currency monetary item translation difference liability account 0
Other long-term liabilities 0
Long-term provisions 3453000
Total non-current liabilities 4418000
6 Current liabilities
Short-term borrowings 329602000
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 106865000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 38591000
Total Trade payable 145456000
Other current liabilities 160873000
Short-term provisions 12217000
Total current liabilities 648148000
Total equity and liabilities 1756890000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 71504000
Producing properties 0
Intangible assets 371000
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 71875000
ii Non-current investments 0
v Deferred tax assets (net) 12691000
vi Foreign currency monetary item translation difference asset account 0
vii Long-term loans and advances 1784000
viii Other non-current assets 61535000
Total non-current assets 147885000
Current assets
Current investments 0
Inventories 301553000
Trade receivables 797102000
Cash and cash equivalents 32238000
Bank balance other than cash and cash equivalents 463571000
Short-term loans and advances 9911000
Other current assets 4630000
Total current assets 1609005000
Total assets 1756890000
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 kkc and associates llp Yes 31-Jul-2027


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-Sep-2024
Amount Raised 649760000
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 No Deviation/variation
Comments of the Audit Committee after review No Comments
Comments of the auditors, if any No comments
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 expenditure to be incurred by our Company for setting up new exclusive brand outlets (“EBOs”) Not Applicable 164885000 0 18761000 0
2 Funding Working Capital Requirement Not Applicable 350000000 0 94891000 0
3 General Corporate Expenses Not Applicable 88875000 0 29886000 0


Signatory Details
Name of signatory POOJABEN SHAH
Designation of person Company Secretary and Compliance Officer
Place AHMEDABAD
Date 29-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 S D RETAIL LIMITED HITESH PRAVINCHANDRA RUPARELIA KMP Remuneration 17000000 Approved 17000000 0 0
2 S D RETAIL LIMITED UTPALBHAI PRAVINCHANDRA RUPARELIA KMP Remuneration 13000000 Approved 13000000 0 0
3 S D RETAIL LIMITED RITESH SURRENDRA SARAOGI KMP Remuneration 4472000 Approved 4472000 0 180000
4 S D RETAIL LIMITED POOJABEN SHAH KMP Remuneration 280000 Approved 280000 0 28000
5 S D RETAIL LIMITED SAKSHI SINGH CHAUHAN KMP Remuneration 210000 Approved 210000 0 0
6 S D RETAIL LIMITED UTPAL P RUPARELIA HUF Relative of KMP Interest paid 274000 Approved 274000 0 0
7 S D RETAIL LIMITED PRAVIN H RUPARELIA Relative of KMP Any other transaction Salary 569000 Approved 569000 47000 47000
8 S D RETAIL LIMITED GARGI H RUPARELIA Relative of KMP Any other transaction Salary 91000 Approved 91000 30000 0
9 S D RETAIL LIMITED PARTH U RUPARELIA Relative of KMP Any other transaction Salary 2827000 Approved 2827000 156000 192000
10 S D RETAIL LIMITED MINA P RUPARELIA Relative of KMP Any other transaction Salary and rent 241000 Approved 241000 33000 0
11 S D RETAIL LIMITED GAURANG H RUPARELIA Relative of KMP Any other transaction salary and other services 653000 Approved 653000 90000 149000
12 S D RETAIL LIMITED HINA H RUPARELIA Relative of KMP Interest paid 1379000 Approved 1379000 0 0
13 S D RETAIL LIMITED HITESH PRAVINCHANDRA RUPARELIA KMP Interest paid 3278000 Approved 3278000 0 0
14 S D RETAIL LIMITED HITESH PRAVINCHANDRA RUPARELIA KMP Any other transaction Loan Repaid (Net) 4000000 Approved 4000000 27663000 23620000
15 S D RETAIL LIMITED UTPALBHAI PRAVINCHANDRA RUPARELIA KMP Any other transaction Loan Repaid (Net) 15000000 Approved 15000000 27610000 12610000
16 S D RETAIL LIMITED UTPALBHAI PRAVINCHANDRA RUPARELIA KMP Interest paid 3395000 Approved 3395000 0 0
17 S D RETAIL LIMITED PRAVIN H RUPARELIA Relative of KMP Interest paid 249000 Approved 249000 0 0
18 S D RETAIL LIMITED PRAVIN H RUPARELIA Relative of KMP Any other transaction Loan Repaid (Net) 0 Approved 0 0 0
19 S D RETAIL LIMITED MINA P RUPARELIA Relative of KMP Interest paid 449000 Approved 449000 0 0
20 S D RETAIL LIMITED MINA P RUPARELIA Relative of KMP Any other transaction Loan Repaid (Net) 0 Approved 0 0 0
21 S D RETAIL LIMITED HINA H RUPARELIA Relative of KMP Any other transaction Loan Repaid (Net) 0 Approved 0 0 0
22 S D RETAIL LIMITED UTPAL P RUPARELIA HUF Relative of KMP Any other transaction Loan Repaid (Net) 0 Approved 0 2285000 2285000
23 S D RETAIL LIMITED RITESH SURRENDRA SARAOGI KMP Advance 0 Approved 0 0 58000
24 S D RETAIL LIMITED PARTH U RUPARELIA Relative of KMP Advance 0 Approved 0 8000 239000
25 S D RETAIL LIMITED INTIMATE APPARELS PRIVATE LIMITED Enterprise in which KMP have significant influence Any other transaction Payable for Expenses 0 Approved 0 77000 77000
Total value of transaction during the reporting period 67367000