INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol BULKCORP
MSEI Symbol NOTLISTED
ISIN INE0SZ301012
Name of Company Bulkcorp International 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 23-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 of FIBC Bags
Start date and time of board meeting 30-May-2025   15:00:00
End date and time of board meeting 30-May-2025   21:00:00
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 2024-09-05
Indicate Company website link for updated RPT policy of the Company https://www.bulkcorp-int.com/investors/policies/policy-on-related-party-transactions.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? 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
Not Applicable as there is no default in the payment of outstanding Loans / revolving facilities, Unlisted debt securities.


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 342374000 603840000
Other income 5489000 8923000
Total Income 347863000 612763000
2 Expenses
(a) Cost of materials consumed 217875000 389586000
(b) Purchases of stock-in-trade 33644000 66750000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -14552000 -42135000
(d) Employee benefit expense 29983000 52530000
(e) Finance costs 5543000 9642000
(f) Depreciation and amortisation expense 4466000 8368000
(g) Other Expenses
1 Other Expenses 44081000 80266000
Total other expenses 44081000 80266000
Total expenses 321040000 565007000
3 Profit before exceptional and extraordinary items and tax 26823000 47756000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax 26823000 47756000
6 Extraordinary items 0 0
7 Profit before tax 26823000 47756000
8 Tax Expense
Current tax 6200000 11500000
Deferred tax -674000 1043000
Total tax expenses 5526000 12543000
9 Net Profit Loss for the period from continuing operations 21297000 35213000
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 21297000 35213000
14 Share of profit (loss) of associates
15 Profit (loss) of minority interest
16 Net profit (Loss) for the period 21297000 35213000
17 Details of equity share capital
Paid-up equity share capital 75141000 75141000
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve 234901000
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.83 5.16
Diluted earnings (loss) per share from continuing and discontinued operations 2.83 5.16
20 Debt equity ratio
21 Debt service coverage ratio
22 Interest service coverage ratio
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 47756000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 5344000
Adjustments for depreciation and amortisation expense 8368000
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) 0
Other adjustments for non-cash items 169000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) 13881000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories -31314000
Adjustments for decrease (increase) in trade receivables -36744000
Adjustments for decrease (increase) in other current assets 7141000
Adjustments for increase (decrease) in trade payables -114971000
Adjustments for increase (decrease) in other current liabilities -20424000
Adjustments for provisions 0
Total adjustments for working capital -196312000
Total adjustments for reconcile profit (loss) -182431000
Net cash flows from (used in) operations -134675000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 12399000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items -147074000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities -147074000
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 25919000
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 0
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 -25919000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -25919000
Cash flows from used in financing activities
Proceeds from issuing shares 19788000
Proceeds from issuing other equity instruments 187986000
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 440000
Repayments of borrowings -4006000
Dividends paid 0
Interest paid 5864000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -26567000
Net cash flows from (used in) financing activities before extraordinary items 179789000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 179789000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 6796000
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 6796000
Cash and cash equivalents cash flow statement at beginning of period 464000
Cash and cash equivalents cash flow statement at end of period 7260000


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 75141000
Reserves and surplus 234900000
Money received against share warrants
Total shareholders' funds 310041000
2 Share application money pending allotment 0
3 Deferred government grants
4 Minority interest
5 Non-current liabilities
Long-term borrowings 18771000
Deferred tax liabilities (net) 4592000
Foreign currency monetary item translation difference liability account
Other long-term liabilities
Long-term provisions 1865000
Total non-current liabilities 25228000
6 Current liabilities
Short-term borrowings 49098000
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 31683000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 31683000
Other current liabilities 866000
Short-term provisions 11552000
Total current liabilities 93199000
Total equity and liabilities 428468000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 83092000
Producing properties
Intangible assets 0
Preproducing properties
Property, Plant and Equipment capital work-in-progress 9178000
Intangible assets under development or work-in-progress 43000
Total Property, Plant and Equipment and Intangible assets 92313000
ii Non-current investments 0
v Deferred tax assets (net)
vi Foreign currency monetary item translation difference asset account
vii Long-term loans and advances 0
viii Other non-current assets 4849000
Total non-current assets 97162000
Current assets
Current investments 0
Inventories 134165000
Trade receivables 143127000
Cash and cash equivalents 7260000
Bank balance other than cash and cash equivalents 0
Short-term loans and advances 24400000
Other current assets 22354000
Total current assets 331306000
Total assets 428468000
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 A.D. Parikh & 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 06-Aug-2024
Amount Raised 2078000
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 NA
Comments of the Audit Committee after review NA
Comments of the auditors, if any NA
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 Funding of capital expenditure requirements of our Company No 21800000 0 2160000 0
2 To meet the working capital requirements No 110000000 0 110000000 0
3 General corporate purposes No 51500000 0 51500000 0


Signatory Details
Name of signatory Punit Gopalka
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 Bulkcorp International Limited Punit Mahendra Gopalka Managing Director Remuneration 2700000 Approved 2700000 0 169000 Textual Information(1)
2 Bulkcorp International Limited Anupriya Gopalka Relative of Director Loan 534000 Approved 534000 534000 7000 Textual Information(2)
3 Bulkcorp International Limited Anupriya Gopalka Relative of Director Interest received 7000 Approved 7000 0 0 Textual Information(3)
4 Bulkcorp International Limited Sanjay Pandurang Sadavarte Director Remuneration 2700000 Approved 2700000 0 176000 Textual Information(4)
5 Bulkcorp International Limited Sanjay Pandurang Sadavarte Director Loan 400000 Approved 400000 3237000 3105000 Textual Information(5)
6 Bulkcorp International Limited Sanjay Pandurang Sadavarte Director Interest received 268000 Approved 268000 0 0 Textual Information(6)
7 Bulkcorp International Limited Anup Gopalka Whole-time Director Loan 1680000 Approved 1680000 1680000 48000 Textual Information(7)
8 Bulkcorp International Limited Anup Gopalka Whole-time Director Interest received 48000 Approved 48000 0 0 Textual Information(8)
9 Bulkcorp International Limited Umasree Texplast Private Limited Associate Purchase of goods or services 403199000 Approved 403199000 88917000 0 Textual Information(9)
10 Bulkcorp International Limited Umasree Texplast Private Limited Associate Sale of goods or services 109419000 Approved 109419000 0 0 Textual Information(10)
11 Bulkcorp International Limited Uma Gopalka Relative of Director Any other transaction Rent paid 504000 Approved 504000 0 0 Textual Information(11)
12 Bulkcorp International Limited Tina Mulani Independent Director Any other transaction Sitting fees 50000 Approved 50000 0 0 Textual Information(12)
13 Bulkcorp International Limited Piyush Bhatt Independent Director Any other transaction Sitting fees 50000 Approved 50000 0 0 Textual Information(13)
14 Bulkcorp International Limited Mitesh Asava CFO Remuneration 1230000 Approved 1230000 0 110000 Textual Information(14)
15 Bulkcorp International Limited Riya Jain Company Secretary Remuneration 97000 Approved 97000 0 16000 Textual Information(15)
16 Bulkcorp International Limited Kinjal Sangani Company Secretary Remuneration 21000 Approved 21000 0 0 Textual Information(16)
17 Bulkcorp International Limited Solos Polymers Private Limited Associate Advance 20700000 Approved 20700000 0 0 Textual Information(17)
18 Bulkcorp International Limited UMG Export Pvt Ltd Associate Advance 20700000 Approved 20700000 0 20700000 Textual Information(18)
Total value of transaction during the reporting period 564307000



Text Block
Textual Information(1) Loan repaid by Ms. Anupriya Gopalka of Rs. 5,00,000/-
Textual Information(2) Intrest on loan paid by Ms. Anupriya Gopalka of Rs. 34,642/-
Textual Information(3) Remuneration
Textual Information(4) Loan Repaid by Mr. Sanjay Sadavrate of Rs. 4,00,000/-
Textual Information(5) Intrest on loan paid by Mr. Sanjay Sadavrte of Rs. 34,642/-
Textual Information(6) Loan Repaid by Mr. Anup Gopalka of Rs. 16,80,656/-
Textual Information(7) Intrest on loan paid by Mr. Anup Gopalka of Rs. 48,072/-
Textual Information(8) Purchase of Goods
Textual Information(9) Sale of Goods
Textual Information(10) Rent paid
Textual Information(11) Sitting fees paid to Independent Director
Textual Information(12) Sitting fees paid to Independent Director
Textual Information(13) Remuneration
Textual Information(14) Remuneration
Textual Information(15) Remuneration
Textual Information(16) Business Advances
Textual Information(17) Business Advances
Textual Information(18) Business Advances