DHARMAJ2024-07-012024-09-30 DHARMAJ2024-07-012024-09-30 DHARMAJ2024-07-012024-09-30in-bse-fin:OneOperatingExpenses01Member DHARMAJ2024-07-012024-09-30in-bse-fin:FourOperatingExpenses01Member DHARMAJ2024-09-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543687 DHARMAJ NOTLISTED Dharmaj Crop Guard Limited Equity 2024-04-01 2025-03-31 2024-11-09 2024-11-06 INR Millions Half yearly 15:00:00 16:00:00 2024-11-09 2024-11-09 true Cash Flow Indirect Not applicable Single segment AGROCHEMICALS 2024-07-01 2024-09-30 Unaudited Standalone 3113260000.00 2980000.00 3116240000.00 2047270000.00 493140000.00 -152500000.00 136090000.00 29870000.00 45910000.00 244430000.00 2844210000.00 272030000.00 0.00 272030000.00 53120000.00 8630000.00 61750000.00 0.00 210280000.00 0.00 0.00 0.00 0.00 210280000.00 30000.00 210310000.00 0.00 0.00 337970000.00 10 6.22 6.22 0.00 0.00 6.22 6.22 1 The unaudited financial results for the quarter and half year ended September 30, 2024 were reviewed by the Audit Committee and approved by the Board of Directors at their respective meeting held on November 09, 2024. The Statutory Auditors of the Company have carried out limited review on the above results in terms of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 ('the Regulation'), as amended and expressed an unmodified conclusion. 2 The unaudited financial results of the Company have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards ( Ind AS ) as prescribed under section 133 of the Companies Act 2013, as amended, read with relevant rules thereunder and in terms of the Regulation and other recognised accounting principles generally accepted in India. 3 Operating segments are reported in a manner consistent with internal reporting provided to the Chief Operating Decision Maker (CODM) i.e. the Board of Directors. The Company's activities comprise manufacturing and dealing in pesticides including concessionaires of public health products for pest control, insecticides, herbicides, fertilizers and allied products related to research and technical formulations. As the Company's business activity falls within a single business segment viz. Agri-Inputs and hence there is no separate reportable segment as per Ind AS 108 Operating Segment . 4 The Company's business is seasonal in nature. Hence, results and performance of every quarter can be impacted by weather conditions and cropping pattern. Single segment 2024-04-01 2024-09-30 Unaudited Standalone 5666080000.00 6770000.00 5672850000.00 3621500000.00 907820000.00 -168100000.00 247350000.00 56700000.00 90350000.00 443120000.00 5198740000.00 474110000.00 0.00 474110000.00 91120000.00 22010000.00 113130000.00 0.00 360980000.00 0.00 0.00 0.00 0.00 360980000.00 60000.00 361040000.00 0.00 0.00 337970000.00 10 10.68 10.68 0.00 0.00 10.68 10.68 Other expenses 244430000.00 Other expenses 443120000.00 3131990000.00 2650000.00 0.00 0.00 21710000.00 28590000.00 0.00 0.00 0.00 0.00 0.00 10640000.00 10640000.00 0.00 3480000.00 3199060000.00 1165030000.00 0.00 3455050000.00 7980000.00 0.00 360000.00 180000.00 3463570000.00 27320000.00 209490000.00 4865410000.00 0.00 0.00 8064470000.00 337970000.00 3616740000.00 3954710000.00 3954710000.00 702240000.00 0.00 1950000.00 704190000.00 23950000.00 19060000.00 0.00 0.00 747200000.00 664900000.00 2424960000.00 207030000.00 3296890000.00 40660000.00 3900000.00 21110000.00 0.00 3362560000.00 0.00 0.00 4109760000.00 8064470000.00 The Company had rectified certain material prior period errors in the financial results for the year ended March 31, 2024 (including errors upto the period ended December 31, 2023) in accordance with Ind AS 8 - “Accounting policies, Changes in accounting estimates and Errors”, and restated comparative results for the quarter and year ended March 31, 2023 and the comparative balance sheet as at that date, the results for the quarter ended June 30, 2023, December 31, 2023 and the opening balance sheet as at April 1, 2022. Accordingly, the comparative results of the Company for the quarter and half year ended September 30, 2023, have also been restated to rectify those material prior period errors in these financial results of the Company for the quarter and half year ended September 30, 2024. i) The information below summarises the impact of restatement on the comparative results for the quarter and half year ended September 30, 2023, as applicable: a. Reclassification of sales related discount from other expenses to revenue from operations amouting to Rs. 21.33 million for the quarter ended September 30, 2023. b. Reclassification of discount on purchase of goods from Revenue from operations to cost of material consumed amouting to Rs. 22.81 million for the quarter ended September 30, 2023. c. Reclassification of traded goods from cost of materials consumed to purchase of stock in Trade amounting to Rs. 514.14 million and Rs. 846.04 million for the quarter and the half year ended September 30, 2023 respectively. d. Reclassification of Consumption of Stores & Spares from cost of material consumed to other expenses amounting to Rs. 13.67 million and Rs. 4.64 million for the quarter and the half year ended September 30, 2023 respectively. e. Adjustment of certain expenditure amounting to Rs. 25.00 million from other expenses to opening reserves since that material prior period error was pertaining to FY 2022-23 which was incorrectly adjusted in the statement of unaudited financial results for the quarter and half year ended September 30, 2023, respectively. ii) Impact on Cash Flow Statement for the half year ended September 30, 2023, pursuant to restatements done is tabulated below: Cash Flow Statement Classification Reported as on half year ended September 30, 2023 (Rs. in Millions) Amount of Restatement (Rs. in Millions) Restated as on half year ended September 30, 2023 (Rs. in Millions) Net cash outflow from operating activities (456.92) 101.20 (355.72) Net Cash generated from Investing Activities 286.25 (100.72) 185.53 Net Cash generated from Financing Activities 170.94 (0.50) 170.44 During the year ended March 31, 2024, the Board of Directors in their meeting held on November 03, 2023 considered and approved the Employee Stock Option Scheme, viz., Dharmaj Employees Stock Option Plan 2023 ('Scheme'), in terms of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The maximum number of options that may be issued pursuant to this scheme is 300,000 Share options, to be convertible into equal number of Equity shares of the Company. This Scheme was approved by the members through Postal Ballot with the facility of E-voting by December 05, 2023. As on September 30, 2024, no stock options were granted to eligible employees. The Company does not have any subsidiary/associate/joint venture company(ies) as on 30th September, 2024 and hence the preparation of Consolidation of Financial Statement is not applicable in Company's case. The above unaudited financials results of the Company are available on the Company's website (www.dharmajcrop.com) and stock exchanges websites BSE (www.bseindia.com) and NSE (www.nseindia.com), where the shares of the Company are listed. 56700000.00 -231200000.00 -2275120000.00 0.00 0.00 1710000.00 84360000.00 0.00 0.00 1837370000.00 0.00 0.00 0.00 90350000.00 0.00 0.00 0.00 0.00 0.00 -2990000.00 0.00 0.00 0.00 50000.00 0.00 -440000.00 0.00 8000000.00 0.00 -431210000.00 42900000.00 0.00 0.00 0.00 70170000.00 0.00 -27270000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 10210000.00 197150000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 380000.00 0.00 -60000.00 0.00 -186620000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 248270000.00 0.00 0.00 0.00 0.00 56380000.00 0.00 0.00 191890000.00 -22000000.00 -10000.00 -22010000.00 29990000.00 7980000.00 -30000.00 -60000.00