INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol KORE
MSEI Symbol NOTLISTED
ISIN INE0J6801010
Name of Company JAY JALARAM TECHNOLOGIES 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 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 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 operates in a single segment with effect from 01.10.2024 i.e. Electronic Gadgets and therefore Segment Reporting as defined in Accounting Standard-17 is not applicable. Till 30.09.2024, the Group is having business segment of Electronic Gadgets and Electric Vehicles. Considering the provisions of Accounting Standard 17, there was no reportable segment till 30.09.2024
Start date and time of board meeting 29-May-2025   10:00:00
End date and time of board meeting 29-May-2025   11:50:00
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 2025-05-29
Indicate Company website link for updated RPT policy of the Company https://koremobiles.com/storage/investor_relation/Policy_on_Materiality_of_RPTs_and_on_dealing_with_RPTs_v2.pdf
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? No
No. of times funds raised during the quarter
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 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 3390915000 6676846000
Other income 5839000 10400000
Total Income 3396754000 6687246000
2 Expenses
(a) Cost of materials consumed 0 0
(b) Purchases of stock-in-trade 3022206000 6097537000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 101860000 23506000
(d) Employee benefit expense 42403000 91732000
(e) Finance costs 17922000 35272000
(f) Depreciation and amortisation expense 8480000 14829000
(g) Other Expenses
1 Franchisee Commission Expenses 69793000 133511000
2 Rent Expenses 34231000 76541000
3 Bank Charges 15235000 29275000
4 Sales Incentives and Discount Expenses 2911000 15756000
5 Electricity Expenses 4619000 12978000
6 Brokerage and Commission 5342000 10109000
7 Other Expenses 25786000 55624000
Total other expenses 157917000 333794000
Total expenses 3350788000 6596670000
3 Profit before exceptional and extraordinary items and tax 45966000 90576000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax 45966000 90576000
6 Extraordinary items 0 0
7 Profit before tax 45966000 90576000
8 Tax Expense
Current tax 12272000 24272000
Deferred tax -394000 -1303000
Total tax expenses 11878000 22969000
9 Net Profit Loss for the period from continuing operations 34088000 67607000
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 34088000 67607000
14 Share of profit (loss) of associates
15 Profit (loss) of minority interest
16 Net profit (Loss) for the period 34088000 67607000
17 Details of equity share capital
Paid-up equity share capital 118750000 118750000
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve 530949000
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.87 5.78
Diluted earnings (loss) per share from continuing and discontinued operations 2.86 5.76
20 Debt equity ratio 0.0083 0.0083
21 Debt service coverage ratio 0.0013 0.0025
22 Interest service coverage ratio 0.0356 0.0357
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 90576000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 35272000
Adjustments for depreciation and amortisation expense 14829000
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 -5891000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 3875000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) 48085000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories 23506000
Adjustments for decrease (increase) in trade receivables 13141000
Adjustments for decrease (increase) in other current assets -365416000
Adjustments for increase (decrease) in trade payables -52403000
Adjustments for increase (decrease) in other current liabilities -66789000
Adjustments for provisions 1677000
Total adjustments for working capital -446284000
Total adjustments for reconcile profit (loss) -398199000
Net cash flows from (used in) operations -307623000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 24272000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items -331895000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities -331895000
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 15264000
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 1449000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -37359000
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -51174000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -51174000
Cash flows from used in financing activities
Proceeds from issuing shares 297255000
Proceeds from issuing other equity instruments 24938000
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 195818000
Repayments of borrowings 99428000
Dividends paid 0
Interest paid 35272000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities before extraordinary items 383311000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 383311000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 242000
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 242000
Cash and cash equivalents cash flow statement at beginning of period 56735000
Cash and cash equivalents cash flow statement at end of period 56977000


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 118750000
Reserves and surplus 530949000
Money received against share warrants 24938000
Total shareholders' funds 674637000
2 Share application money pending allotment 0
3 Deferred government grants 0
4 Minority interest
5 Non-current liabilities
Long-term borrowings 4948000
Deferred tax liabilities (net) 0
Foreign currency monetary item translation difference liability account 0
Other long-term liabilities 327839000
Long-term provisions 2240000
Total non-current liabilities 335027000
6 Current liabilities
Short-term borrowings 552184000
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 72384000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 150225000
Total Trade payable 222609000
Other current liabilities 47350000
Short-term provisions 3698000
Total current liabilities 825841000
Total equity and liabilities 1835505000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 82766000
Producing properties 0
Intangible assets 5695000
Preproducing properties 0
Property, Plant and Equipment capital work-in-progress 0
Intangible assets under development or work-in-progress 981000
Total Property, Plant and Equipment and Intangible assets 89442000
ii Non-current investments 110000
v Deferred tax assets (net) 4957000
vi Foreign currency monetary item translation difference asset account 0
vii Long-term loans and advances 0
viii Other non-current assets 61702000
Total non-current assets 156211000
Current assets
Current investments 0
Inventories 882816000
Trade receivables 75952000
Cash and cash equivalents 68778000
Bank balance other than cash and cash equivalents 0
Short-term loans and advances 515533000
Other current assets 136215000
Total current assets 1679294000
Total assets 1835505000
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 V C A N & Co Yes 30-Sep-2027


Signatory Details
Name of signatory
Designation of person
Place
Date


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 Jay Jalaram Technologies Limited Jay Jalaram Enterprise Entity controlled by Director Purchase of goods or services Approved 559000 -151000 0
2 Jay Jalaram Technologies Limited Jay Jalaram Enterprise Entity controlled by Director Any other transaction Rent Paid Approved 3585000 0 0
3 Jay Jalaram Technologies Limited Jay Jalaram Enterprise Entity controlled by Director Any other transaction Reimbursement of Expenses Approved 28000 0 0
4 Jay Jalaram Technologies Limited Jay Jalaram Enterprise Entity controlled by Director Sale of goods or services Approved 18764000 5692000 -53000
5 Jay Jalaram Technologies Limited Jay Jalaram Enterprise LLP Entity controlled by Director Sale of goods or services Approved 53603000 0 -3000
6 Jay Jalaram Technologies Limited Jay Jalaram Enterprise LLP Entity controlled by Director Purchase of goods or services Approved -7000 0 0
7 Jay Jalaram Technologies Limited Hear More Techlife Private Limited Subsidiary Company Purchase of goods or services Approved 3184000 -4728000 -3611000
8 Jay Jalaram Technologies Limited Kamlesh Hariram Lalwani Executive Director Sale of goods or services Approved -16000 76000 0
9 Jay Jalaram Technologies Limited Kamlesh Hariram Lalwani Executive Director Remuneration Approved 1200000 -169000 -169000
10 Jay Jalaram Technologies Limited Kamlesh Hariram Lalwani Executive Director Any other transaction Reimbursement of Expenses Approved 103000 0 -9000
11 Jay Jalaram Technologies Limited Kamlesh Varjivandas Thakkar Chairman & Managing Director Sale of goods or services Approved -8000 237000 0
12 Jay Jalaram Technologies Limited Kamlesh Varjivandas Thakkar Chairman & Managing Director Any other transaction Reimbursement of Expenses Approved 311000 0 0
13 Jay Jalaram Technologies Limited Kamlesh Varjivandas Thakkar Chairman & Managing Director Remuneration Approved 1200000 -275000 -275000
14 Jay Jalaram Technologies Limited Mukeshkumar Navnitray Bhatt Executive Director Sale of goods or services Approved 90000 46000 64000
15 Jay Jalaram Technologies Limited Mukeshkumar Navnitray Bhatt Executive Director Any other transaction Reimbursement of Expenses Approved 367000 0 -59000
16 Jay Jalaram Technologies Limited Mukeshkumar Navnitray Bhatt Executive Director Remuneration Approved 1611000 0 214000
17 Jay Jalaram Technologies Limited Vipul Varjivandas Thakkar Non-Executive Director Sale of goods or services Approved 7000 146000 153000
18 Jay Jalaram Technologies Limited Miteshbhai Harendrabhai Mehta Independent Director Any other transaction Director Sitting Fees Approved 12000 0 0
19 Jay Jalaram Technologies Limited Miteshbhai Harendrabhai Mehta Independent Director Sale of goods or services Approved 17000 0 0
20 Jay Jalaram Technologies Limited Heer Dipesh Kanjani Independent Director Any other transaction Director Sitting Fees Approved 18000 0 0
21 Jay Jalaram Technologies Limited Varjivandas Thakkar Relative of Director Sale of goods or services Approved -76000 80000 0
22 Jay Jalaram Technologies Limited Manish Chandrakantbhai Thakkar Key Managerial Personnel Any other transaction Salary & Allowances Approved 660000 -103000 -102000
23 Jay Jalaram Technologies Limited Manish Chandrakantbhai Thakkar Key Managerial Personnel Any other transaction Reimbursement of Expenses Approved 45000 -8000 0
24 Jay Jalaram Technologies Limited Manish Chandrakantbhai Thakkar Key Managerial Personnel Sale of goods or services Approved 8000 -126000 0
25 Jay Jalaram Technologies Limited Manish Chandrakantbhai Thakkar Key Managerial Personnel Loan Approved 0 10000 0
26 Jay Jalaram Technologies Limited Mukesh Dalpatram Prajapat Key Managerial Personnel Any other transaction Salary & Allowances Approved 345000 -60000 -50000
27 Jay Jalaram Technologies Limited Harsh Thakkar Relative of Director Sale of goods or services Approved 106000 0 0
28 Hear More Techlife Private Limited Jay Jalaram Technologies Limited Holding Company Sale of goods or services Approved 3184000 4728000 3611000
29 Hear More Techlife Private Limited Jay Jalaram Enterprise Entity controlled by Director Any other transaction Rent Paid Approved 120000 0 0
30 Hear More Techlife Private Limited Jay Jalaram Enterprise Entity controlled by Director Sale of goods or services Approved -2000 -38000 -40000
31 Hear More Techlife Private Limited Prakash Kriplani Director Sale of goods or services Approved 2000 39000 0
32 Hear More Techlife Private Limited Prakash Kriplani Director Any other transaction Reimbursement of Expenses Approved 11000 -29000 17000
33 Hear More Techlife Private Limited Prakash Kriplani Director Loan Approved 0 -10000000 -10000000
34 Hear More Techlife Private Limited Radhika Kriplani Relative of Director Any other transaction Salary & Allowances Approved 298000 -49000 -51000
35 Hear More Techlife Private Limited Sheelaben Kriplani Relative of Director Any other transaction Salary & Allowances Approved 298000 -49000 -51000
36 Hear More Techlife Private Limited Jay Jalaram Enterprise Llp Entity controlled by Director Advance Approved 0 -3268000 -3268000
37 Hear More Techlife Private Limited Dharmendra Babubhai Patel Director Loan Approved 0 -2067000 -2067000
38 Hear More Techlife Private Limited Kamlesh Thakkar Relative of Director Sale of goods or services Approved 0 1000 1000
39 Hear More Techlife Private Limited Vipul Thakkar Director Loan Approved 0 -5769000 -5769000
Total value of transaction during the reporting period 89627000