5399862025-04-012025-06-305399862025-06-305399862025-04-012025-06-30in-capmkt:OtherExpenses1Member5399862025-04-012025-06-30in-capmkt:ReportableSegments1Member5399862025-04-012025-06-30in-capmkt:ReportableSegments2Member5399862025-04-012025-06-30in-capmkt:ReportableSegments1Member5399862025-04-012025-06-30in-capmkt:ReportableSegments2Member5399862025-04-012025-06-30in-capmkt:ReportableSegments1Member5399862025-06-30in-capmkt:ReportableSegments1Member5399862025-04-012025-06-30in-capmkt:ReportableSegments2Member5399862025-06-30in-capmkt:ReportableSegments2Member5399862025-04-012025-06-30in-capmkt:ReportableSegments1Member5399862025-06-30in-capmkt:ReportableSegments1Member5399862025-04-012025-06-30in-capmkt:ReportableSegments2Member5399862025-06-30in-capmkt:ReportableSegments2Memberiso4217:INRiso4217:INRxbrli:shares539986COMSYNNOTLISTEDINE073V01015COMMERCIAL SYN BAGS LIMITEDMain BoardEquity2025-04-012026-03-312025-08-082025-08-05INRLakhsQuarterlyFirst quarterMulti segment2025-08-0812:15:002025-08-0816:10:00Not applicable2025-04-012025-06-30UnauditedConsolidated905132000706500091219700050405100011705000-3158900014346400024353000271620001673430008464890006570800006570800012084000-1916000101680000555400000000555400000555400000000399520000101.391.32001.391.32Notes to Unaudited Consolidated Financial Results for the quarter ended on 30th June, 2025: <BR> <BR> 1. This unaudited consolidated financial results of the Group comprises of results of parent Commercial Syn Bags Limited, its wholly owned subsidiary Comsyn India Private Limited and step down subsidiary Erawat Vegcap Private limited and its associate Smartlift Bulk Packaging Limited along with its wholly owned subsidiary Smartlift Bulk Packaging Ireland Limited for quarter ended on 30th June, 2025 have been prepared in accordance with the Companies Indian Accounting Standard Rule, 2015 IndAS as prescribed under Section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extend applicable.. <BR> <BR> 2. The unaudited consolidated financial results of Commercial Syn Bags Limited its wholly owned subsidiary Comsyn India Private Limited and step down subsidiary Erawat Vegcap Private Limited and its associate Smartlift Bulk Packaging Limited (along with its wholly owned subsidiary Smartlift Bulk Packaging Ireland Limited for the quarter ended 30th June, 2025 have not been audited by statutory auditors and they have provided their limited review report. The report does not have any impact on the above results and notes which needs any explanation. However, the management has exercised necessary due diligence to ensure that the consolidated financial results provide true and fair view of the Company's affairs. <BR> <BR> 3. This unaudited consolidated financial results have been approved and recommended by the Audit Committee and thereafter approved by the Board of Directors at their meeting held on 8th August, 2025. <BR> <BR> 4. The Company operates in three segments i.e. a Manufacture and sale of FIBC, Bulk Bags, Poly Tarpaulin, Woven SacksBags, Box Bags, PP HDPE Fabric, Liner, Flexible Packaging and Geotextiles, Ground Cover, Nets and other technical textiles products and b Trading of Granules c Solar Power generation for Captive Consumption. <BR> <BR> The segment for Manufacture and sale of FIBC, Bulk Bags, Poly Tarpaulin, Woven Sacks/Bags, Box Bags, PP HDPE Fabric, Liner, Flexible Packaging and Geotextiles, Ground Cover, Nets and other technical textiles products meets the quantitative thresholds and is considered as reportable segment. Financial information of other segments b and c have been shown in ,All other SegmentsT as these do not fall within the criteria for segmental report as on 30th June, 2025. <BR> <BR> 5. Previous Year and Previous Quarters figures have been regrouped/ reclassified wherever necessary to confirm to this period classification. <BR> <BR> 6. The Company has received in principal approval for issuance of the warrants on preferential basis from NSE and BSE and the Board of Directors in their meeting held on 20th March 2025 allotted 20,00,000 convertible warrants of Rs. 72 each to the promoters and promoter group. The Company has received 25% upfront money i.e. Rs. 360.00 Lakhs and utilized the same as per the object of the preferential issue as stated in the Notice of EGM. <BR> <BR> During the quarter ended 30th June, 2025, there has been no further receipt of funds and no conversion of warrants into equity shares. <BR> <BR> 7. The Company has further acquired 1 Percent i.e. 10 shares in Smartlift Bulk Packaging Limited, U.K. by payment of agreed consideration of GBP 43,500 to Mr. Trevor William Bland. With this acquisition the Company now holds 50 Percent of the paid up share capital of Smartlift Bulk Packaging Limited. <BR> <BR> 8. Comsyn India Private Limited acquired 100 Percent equity shares of Erawat Vegcap Private Limited through a Share Purchase Agreement SPA dated 12th April, 2025, for a total consideration of Rs. 551.00 Lakhs. As a result, Erawat Vegcap Private Limited has become a wholly owned subsidiary of Comsyn India Private Limited and Commercial Syn Bags Limited is the ultimate holding company of Erawat Vegcap Private Limited. <BR> <BR> 9. In continuation of our earlier disclosure regarding the acquisition of leasehold land of Comsyn India Private Limited by NHAI for their project, the matter is still pending for adjudication before the Honourable High Court of Madhya Pradesh bench at Indore. The Competent Authority (Sub Divisional Magistrate), NHAI, MPIDC RO have submitted their replies respectively and the demarcation of land is pending. The notification u/s 3D of the National Highway Act, 1956 is being issued. We have the lease hold right in the land and having the interim relief of retaining the possession of land till the matter is decided by the Honourable High Court. Though after the publication of notification u/s 3D the land vest in Central Government still the further proceeding under the act and the verdict by the High Court is yet to be completed. <BR> <BR> 10. The figure of quarter on quarter depreciation is being affected due the reversal of accumulated depreciation on subsidy received in the financial year 2024-2025 adjusted in last quarter in their respective block. <BR> <BR> 11. The Company has solar power project of 1.0 MW for Captive Consumption of power. <BR> Other Expences167343000Segment -A Manufacturing900237000Segment-B other Segment48950009051320000905132000Segment -A Manufacturing86033000Segment-B other Segment40280009006100024353000065708000Segment -A Manufacturing3023345000Segment-B other Segment151409000317475400003174754000Segment -A Manufacturing1554434000Segment-B other Segment64301000161873500001618735000000