INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol DIVYADHAN
MSEI Symbol NOTLISTED
ISIN INE0QYI01019
Name of Company DIVYADHAN RECYCLING INDUSTRIES 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 30-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 26-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 is primarily engaged in the business of recycling of plastic bottles, which are as per Accounting Standard-17 –‘Operating Segments’ is considered to be the only reportable business segment. Therefore, disclosure relating to segment is not applicable and accordingly not made
Start date and time of board meeting 30-May-2025   12:32:00
End date and time of board meeting 30-May-2025   13:57:00
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? No
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? No
(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? No
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
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
Disclosure for the default on loans and debt not applicable to 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 280608000 594823000
Other income 319000 6412000
Total Income 280927000 601235000
2 Expenses
(a) Cost of materials consumed 278220000 544490000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -24926000 -17087000
(d) Employee benefit expense 4772000 12194000
(e) Finance costs 260000 2963000
(f) Depreciation and amortisation expense 3013000 12824000
(g) Other Expenses
1 Other Expenses 17690000 24240000
Total other expenses 17690000 24240000
Total expenses 279029000 579624000
3 Profit before exceptional and extraordinary items and tax 1898000 21611000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax 1898000 21611000
6 Extraordinary items 0 0
7 Profit before tax 1898000 21611000
8 Tax Expense
Current tax -2508000 3475000
Deferred tax 3225000 2774000
Total tax expenses 717000 6249000
9 Net Profit Loss for the period from continuing operations 1181000 15362000
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 1181000 15362000
14 Share of profit (loss) of associates
15 Profit (loss) of minority interest
16 Net profit (Loss) for the period 1181000 15362000
17 Details of equity share capital
Paid-up equity share capital 143067000 143067000
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve 206405000
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.1 1.34
Diluted earnings (loss) per share from continuing and discontinued operations 0.1 1.34
20 Debt equity ratio 4.0E-4 4.0E-4
21 Debt service coverage ratio 0.1262 0.1262
22 Interest service coverage ratio 0.0829 0.0829
23 Disclosure of notes on financial results Textual Information(1)


Text Block
Textual Information(1) Disclosure of notes on financial results attached with balance sheet and audit report


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 21611000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 2963000
Adjustments for depreciation and amortisation expense 12824000
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 -273000
Other adjustments to reconcile profit (loss) 74000
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) 15588000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories -76502000
Adjustments for decrease (increase) in trade receivables -11525000
Adjustments for decrease (increase) in other current assets -22157000
Adjustments for increase (decrease) in trade payables 8174000
Adjustments for increase (decrease) in other current liabilities -42371000
Adjustments for provisions -6885000
Total adjustments for working capital -151266000
Total adjustments for reconcile profit (loss) -135678000
Net cash flows from (used in) operations -114067000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 3884000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items -117951000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities -117951000
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 101525000
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 273000
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 -101252000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -101252000
Cash flows from used in financing activities
Proceeds from issuing shares 207157000
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 4808000
Dividends paid 0
Interest paid 2963000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities before extraordinary items 199386000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 199386000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -19817000
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 -19817000
Cash and cash equivalents cash flow statement at beginning of period 20049000
Cash and cash equivalents cash flow statement at end of period 232000


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 143067000
Reserves and surplus 206405000
Money received against share warrants 0
Total shareholders' funds 349472000
2 Share application money pending allotment 0
3 Deferred government grants 0
4 Minority interest
5 Non-current liabilities
Long-term borrowings 0
Deferred tax liabilities (net) 5407000
Foreign currency monetary item translation difference liability account 0
Other long-term liabilities 0
Long-term provisions 1215000
Total non-current liabilities 6622000
6 Current liabilities
Short-term borrowings 13559000
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 6997000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 33094000
Total Trade payable 40091000
Other current liabilities 7059000
Short-term provisions 3476000
Total current liabilities 64185000
Total equity and liabilities 420279000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 211680000
Producing properties 0
Intangible assets 0
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 211680000
ii Non-current investments 0
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 0
Total non-current assets 211680000
Current assets
Current investments 0
Inventories 121780000
Trade receivables 45570000
Cash and cash equivalents 232000
Bank balance other than cash and cash equivalents 0
Short-term loans and advances 4149000
Other current assets 36868000
Total current assets 208599000
Total assets 420279000
Disclosure of notes on assets and liabilities Textual Information(1)


Text Block
Textual Information(1) Disclosure of notes on assets and liabilities attached with balance sheet and audit report


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 Textual Information(1)


Text Block
Textual Information(1) The Comapny is primarily engaged in the business of recycling of plastic bottles, which are as per accounting standard-17- Operating Segment is considered to be the only reportable business segment.Therefore, disclosure relating to segment is not applicable and accordingly not made.




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 Amarnath Sharma & Co Yes 31-May-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-Oct-2024
Amount Raised 241664000
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
Comments of the Audit Committee after review
Comments of the auditors, if any
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


Signatory Details
Name of signatory Pramod Kumar Gupta
Designation of person Company Secretary and Compliance Officer
Place Mumbai
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)
Total value of transaction during the reporting period