IKIO2023-01-012023-03-31 IKIO2023-01-012023-03-31 IKIO2023-01-012023-03-31in-bse-fin:OneOperatingExpenses01Member IKIO2023-01-012023-03-31in-bse-fin:FourOperatingExpenses01Member IKIO2023-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543923 IKIO NOTLISTED Ikio Lighting Limited Equity 2022-04-01 2023-03-31 2023-08-04 2023-07-24 INR Millions Yearly 16:30:00 20:45:00 2023-08-04 2023-08-04 true Cash Flow Indirect Declaration of unmodified opinion Single segment Manufacturing of LED Lighting 2023-01-01 2023-03-31 Audited Consolidated 1180440000.00 7100000.00 1187540000.00 682760000.00 0.00 58090000.00 101900000.00 63350000.00 27030000.00 77150000.00 1010280000.00 177260000.00 0.00 177260000.00 44480000.00 -5930000.00 38550000.00 0.00 138710000.00 0.00 0.00 0.00 0.00 138710000.00 820000.00 139530000.00 0.00 0.00 0.00 0.00 650000000.00 10 2.13 2.13 0.00 0.00 2.13 2.13 0.00 0.00 0.00 The Company has completed its Initial Public Offer (IPO ) and listed its equity shares on BSE Limited ( BSE ) and National Stock Exchange of India Limited ( NSE ) on June 16, 2023. The figures for the quarter ended March 31, 2023 represents balancing figures between the audited figures in respect of financial year ended March 31, 2023 and special purpose audited figures for the nine months ended December 31, 2022. The financial information for the year ended March 31, 2023 contains consolidation of subsidiaries from September 12, 2022 to March 31, 2023 and this is first consolidation financials result of the group, hence no comparative numbers are available. Consolidated Cash Flow Statement for the year ended March 31, 2023 (Rs. in million) Year ended March 31, 2023 A. Cash flow from operating activities Net profit before tax 658.25 Adjustments for: Depreciation and amortisation 57.87 Finance cost 85.24 Interest income (0.86) Export incentive (0.01) Finance income on amortisation of security deposit (0.10) Gain on derecognition of lease (2.18) Sundry balance written off 6.15 Net gain on foreign currency transactions (16.48) Provisions no longer required written back (2.85) Profit on sale of property, plant and equipment (0.11) Provision for expected credit loss (2.29) Operating profit before working capital changes 782.63 Changes in assets and liabilities: Inventories 49.58 Trade receivables 181.10 Other financial assets (4.42) Other assets 41.20 Trade payables (271.87) Other financial liabilities 37.56 Other current liabilities (62.12) Provisions 4.27 Cash generated from operations 757.93 Income tax paid (net of refunds) (189.79) Net cash generated from operating activities (A) 568.14 B. Cash flow from investing activities: Purchase of Property, plant and equipment, Other intangible assets and CWIP (including capital advances) (196.50) Proceeds from sale of Property, plant and equipment 2.49 Investment for equity shares of subsidiary company (319.35) Movement in bank deposits 14.02 Interest received 0.82 Net cash used in from investing activities (B) (498.52) C. Cash flow from financing activities: Net (decrease) in long term borrowings from banks (85.06) Net increase in short term borrowings from banks 101.38 Net increase in short term borrowings from directors and KMP 17.08 Net (decrease) in short term borrowings from corporate and other (19.28) Payment of lease liabilities (11.09) Interest paid (80.48) Net cash used in financing activities ( C) (77.45) Cash and cash equivalents acquired pursuant to business combination 24.39 Net increase in cash and cash equivalents (A+B+C) 16.56 Cash and cash equivalents -at beginning of the year 6.5 -at end of the year 23.06 Notes to cash flow statement (i) Cash and cash equivalents comprise Balances with banks: – On current accounts 20.95 Cash on hand 2.11 23.06 Single segment 2022-04-01 2023-03-31 Audited Consolidated 3587650000.00 31670000.00 3619320000.00 2253620000.00 0.00 48960000.00 308200000.00 90360000.00 57870000.00 202060000.00 2961070000.00 658250000.00 0.00 658250000.00 162990000.00 -5120000.00 157870000.00 0.00 500380000.00 0.00 0.00 0.00 0.00 500380000.00 1500000.00 501880000.00 0.00 0.00 0.00 0.00 650000000.00 10 771610000.00 7.70 7.70 0.00 0.00 7.70 7.70 0.00 0.00 0.00 Other expenses 77150000.00 Other expenses 202060000.00 313080000.00 269010000.00 4940000.00 331880000.00 0.00 0.00 5800000.00 5800000.00 12840000.00 33870000.00 971420000.00 1206260000.00 0.00 726840000.00 23060000.00 7050000.00 0.00 3520000.00 760470000.00 171460000.00 2138190000.00 3109610000.00 650000000.00 771610000.00 1421610000.00 1421610000.00 89700000.00 89700000.00 23450000.00 113150000.00 1137860000.00 240680000.00 109650000.00 1488190000.00 60790000.00 3160000.00 22710000.00 1574850000.00 1688000000.00 3109610000.00 85240000.00 49580000.00 181100000.00 0.00 41200000.00 0.00 0.00 -4420000.00 0.00 -271870000.00 0.00 -62120000.00 0.00 57870000.00 -2290000.00 4270000.00 0.00 37560000.00 0.00 -16480000.00 0.00 860000.00 0.00 0.00 0.00 -110000.00 -2280000.00 3290000.00 0.00 99680000.00 757930000.00 0.00 0.00 0.00 189790000.00 0.00 568140000.00 0.00 319350000.00 0.00 0.00 0.00 0.00 0.00 0.00 2490000.00 196500000.00 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 820000.00 0.00 14020000.00 0.00 -498520000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 14120000.00 0.00 0.00 11090000.00 0.00 80480000.00 0.00 0.00 -77450000.00 -7830000.00 24390000.00 16560000.00 6500000.00 23060000.00 900000.00 1900000.00 80000.00 400000.00 0.00 0.00