INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol SHRITECH
MSEI Symbol NOTLISTED
ISIN INE0OMF01015
Name of Company SHRI TECHTEX 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 Technical Textile
Start date and time of board meeting 29-May-2025   17:30:00
End date and time of board meeting 29-May-2025   18:20:00
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 2025-03-03
Indicate Company website link for updated RPT policy of the Company https://www.shritechtex.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 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Their is no default in loans and debt securities done 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 427401000 826703000
Other income 28966000 41028000
Total Income 456367000 867731000
2 Expenses
(a) Cost of materials consumed 185297000 323730000
(b) Purchases of stock-in-trade 8519000 38816000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 2840000 9624000
(d) Employee benefit expense 12266000 23401000
(e) Finance costs 22832000 28488000
(f) Depreciation and amortisation expense 11464000 22895000
(g) Other Expenses
1 Other expenses 119957000 221737000
Total other expenses 119957000 221737000
Total expenses 363175000 668691000
3 Profit before exceptional and extraordinary items and tax 93192000 199040000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax 93192000 199040000
6 Extraordinary items 0 0
7 Profit before tax 93192000 199040000
8 Tax Expense
Current tax 20461000 47527000
Deferred tax 2465000 4810000
Total tax expenses 22926000 52337000
9 Net Profit Loss for the period from continuing operations 70266000 146703000
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 70266000 146703000
14 Share of profit (loss) of associates
15 Profit (loss) of minority interest
16 Net profit (Loss) for the period 70266000 146703000
17 Details of equity share capital
Paid-up equity share capital 249500000 249500000
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 2.82 5.88
Diluted earnings (loss) per share from continuing and discontinued operations 2.82 5.88
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 statement for half-year ended March 31,2025 has been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 29th May,2025 and statutory auditor of the company have carried out audit of the same. 2. Segment wise reporting is not applicable as the Company operates in only one Primary Segement i.e. Manufacturing of Technical Textiles. 3. The figures for the half year ended March 31,2025 as reported in attached financial results are the balancing figure between the audited figures in respect of full financial year and the published year to date figures for the half year ended of the financial year. 4. The figures pertaining to previous periods have been regrouped, re-classified and restated wherever necessary. 5. The Company had raised funds through IPO on 4th August,2023 by issuing 74,00,000 equity shares to public at a price of Rs 61/- per share agggregating to Rs 4514.00 lacs. The IPO Proceeds is to be utilized as shown in the Statement of Variation and/ or Deviation.


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 199040000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 28488000
Adjustments for depreciation and amortisation expense 22895000
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 -17607000
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 -1776000
Total adjustments to profit (loss) 32000000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories 102588000
Adjustments for decrease (increase) in trade receivables -60671000
Adjustments for decrease (increase) in other current assets -61630000
Adjustments for increase (decrease) in trade payables 41332000
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for provisions 0
Total adjustments for working capital 21619000
Total adjustments for reconcile profit (loss) 53619000
Net cash flows from (used in) operations 252659000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 47528000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items 205131000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities 205131000
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 7005000
Proceeds from sales of property plant and equipment 0
Purchase of property plant and equipment 43064000
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 17645000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -6160000
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -38584000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -38584000
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 -42064000
Repayments of borrowings 0
Dividends paid 0
Interest paid 28488000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 471000
Net cash flows from (used in) financing activities before extraordinary items -70081000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities -70081000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 96466000
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 96466000
Cash and cash equivalents cash flow statement at beginning of period 24786000
Cash and cash equivalents cash flow statement at end of period 121252000


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 249500000
Reserves and surplus 736029000
Money received against share warrants 0
Total shareholders' funds 985529000
2 Share application money pending allotment 0
3 Deferred government grants 0
4 Minority interest
5 Non-current liabilities
Long-term borrowings 28621000
Deferred tax liabilities (net) 18998000
Foreign currency monetary item translation difference liability account 0
Other long-term liabilities 0
Long-term provisions 1348000
Total non-current liabilities 48967000
6 Current liabilities
Short-term borrowings 83576000
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 3243000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 21166000
Total Trade payable 24409000
Other current liabilities 2535000
Short-term provisions 6802000
Total current liabilities 117322000
Total equity and liabilities 1151818000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 482757000
Producing properties 0
Intangible assets 0
Preproducing properties 0
Property, Plant and Equipment capital work-in-progress 116000
Intangible assets under development or work-in-progress 0
Total Property, Plant and Equipment and Intangible assets 482873000
ii Non-current investments 113157000
v Deferred tax assets (net) 0
vi Foreign currency monetary item translation difference asset account 0
vii Long-term loans and advances 0
viii Other non-current assets 6840000
Total non-current assets 602870000
Current assets
Current investments 30004000
Inventories 36960000
Trade receivables 252253000
Cash and cash equivalents 121252000
Bank balance other than cash and cash equivalents 0
Short-term loans and advances 108136000
Other current assets 343000
Total current assets 548948000
Total assets 1151818000
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 S V J K and Associates Yes 30-Nov-2026


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 04-Aug-2023
Amount Raised 451400000
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 false
Comments of the Audit Committee after review false
Comments of the auditors, if any false
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 Construction of Factory Shed Not Applicable 37125000 0 37125000 0 Their is no amount raised during the quarter. This information is regarding to the proceeds from the IPO which was raised on August 4, 2023 and amount utilised till 31st March 2025.
2 Purchase of Machineries Not Applicable 63083000 0 63083000 0 Their is no amount raised during the quarter. This information is regarding to the proceeds from the IPO which was raised on August 4, 2023 and amount utilised till 31st March 2025.
3 Commissioning of Solar Plant Not Applicable 48970000 0 14764000 0 The unutilised amount of Rs342.06 Lakhs is being kept seperately as under: In Fixed Deposit A/c- Rs. 342.06 Lakhs Their is no amount raised during the quarter. This information is regarding to the proceeds from the IPO which was raised on August 4, 2023 and amount utilised till 31st March 2025.
4 To Meet Working Capital Requirements Not Applicable 153146000 0 153146000 0 Their is no amount raised during the quarter. This information is regarding to the proceeds from the IPO which was raised on August 4, 2023 and amount utilised till 31st March 2025.
5 General Corporate Purpose Not Applicable 112628000 0 112628000 0 Their is no amount raised during the quarter. This information is regarding to the proceeds from the IPO which was raised on August 4, 2023 and amount utilised till 31st March 2025.
6 Public Issue Related Expenses Not Applicable 36448000 0 36448000 0 Their is no amount raised during the quarter. This information is regarding to the proceeds from the IPO which was raised on August 4, 2023 and amount utilised till 31st March 2025.


Signatory Details
Name of signatory SHRADHA HANSKUMAR AGARWAL
Designation of person Managing Director
Place Ahmedabad
Date 30-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 Shri Techtex Limited Shri Jagdamba Polymers Limited Associate Sale of goods or services Approved by Audit Committee 148797000 17574000 7639000
2 Shri Techtex Limited Shakti Polyweave Private Limited Associate Sale of goods or services Approved by Audit Committee 42524000 4851000 1016000
3 Shri Techtex Limited Aurum Fabrictech LLP Partner Sale of goods or services Approved by Audit Committee 3093000 99000 175000
4 Shri Techtex Limited Shri Jagdamba Polymers Limited Associate Purchase of goods or services Approved by Audit Committee 46346000 12888000 2342000
5 Shri Techtex Limited Shakti Polyweave Private Limited Associate Purchase of goods or services Approved by Audit Committee 24341000 1203000 756000
6 Shri Techtex Limited Aurum Fabrictech LLP Partner Purchase of goods or services Approved by Audit Committee 52023000 0 3282000
7 Shri Techtex Limited Shradha H Agarwal Managing Director Any other transaction Rent Paid Approved by Audit Committee 1050000 0 0
8 Shri Techtex Limited Aurum Fabrictech LLP Partner Any other transaction Rent Paid Approved by Audit Committee 240000 0 0
9 Shri Techtex Limited Shradha H Agarwal Managing Director Any other transaction Reimbursement Approved by Audit Committee 737000 3000 4000
10 Shri Techtex Limited Hanskumar R Agarwal Director Any other transaction Reimbursement Approved by Audit Committee 207000 75000 78000
11 Shri Techtex Limited Aurum Fabrictech LLP Partner Any other transaction Reimbursement Income Approved by Audit Committee 4076000 0 0
12 Shri Techtex Limited Shradha H Agarwal Managing Director Interest paid Approved by Audit Committee 33000 0 0
13 Shri Techtex Limited Shradha H Agarwal Managing Director Loan Approved by Audit Committee 2400000 0 0
14 Shri Techtex Limited Hanskumar R Agarwal Director Loan Approved by Audit Committee 1000000 0 0
15 Shri Techtex Limited Shradha H Agarwal Managing Director Loan Approved by Audit Committee -2430000 0 0
16 Shri Techtex Limited Hanskumar R Agarwal Director Loan Approved by Audit Committee -1000000 0 0
17 Shri Techtex Limited Shakti Techtex Private Limited Associate Loan Approved by Audit Committee 33700000 0 33773000
18 Shri Techtex Limited Shakti Techtex Private Limited Associate Interest received Approved by Audit Committee 81000 0 0
19 Shri Techtex Limited Harmony Finvest Partner Interest received Approved by Audit Committee 15670000 0 0
20 Shri Techtex Limited Aurum Fabrictech LLP Partner Interest received Approved by Audit Committee 104000 0 0
21 Shri Techtex Limited Shradha H Agarwal Managing Director Remuneration Approved by Audit Committee 6023000 0 0
22 Shri Techtex Limited Ashish Bhaiya Chief Financial Officer Remuneration Approved by Audit Committee 3023000 0 0
23 Shri Techtex Limited Akanksha Aswani Company Secretary Remuneration Approved by Audit Committee 205000 0 0
24 Shri Techtex Limited Shri Jagdamba Polymers Limited Associate Any other transaction Rent Received Approved by Audit Committee 25000 0 0
25 Shri Techtex Limited Shakti Polyweave Private Limited Associate Any other transaction Rent Received Approved by Audit Committee 50000 0 0
26 Shri Techtex Limited Aurum Fabrictech LLP Partner Investment Approved by Audit Committee 1396000 478000 1968000
27 Shri Techtex Limited Harmony Finvest Partner Investment Approved by Audit Committee 380000 39634000 110716000
28 Shri Techtex Limited Aurum Fabrictech LLP Partner Any other transaction Deposit Given Approved by Audit Committee 6000000 0 6000000
29 Shri Techtex Limited Shradha H Agarwal Managing Director Any other transaction Deposit Given Approved by Audit Committee 0 175000 175000
30 Shri Techtex Limited Vikas Srikishan Agarwal Director Any other transaction Sitting Fees Approved by Audit Committee 7000 0 0
31 Shri Techtex Limited Anup Gopalka Director Any other transaction Sitting Fees Approved by Audit Committee 11000 0 0
Total value of transaction during the reporting period 390112000