Company Response to NSE Query on Financial Results

Date and Nature of Communication

  • Date of Response: 03rd July 2025
  • Exchange Query Date: 01st July 2025
  • Subject: Clarification regarding financial results submitted on 28th May 2025 for the quarter and financial year ended 31st March 2025
  • Specific Issue Raised: Financial results submitted were not as per format prescribed by SEBI - balancing figure note missing

Company's Clarification

  • The company submitted revised Notes to the Financial Results incorporating the Balance Figure Note
  • The error occurred due to oversight and without any wilful intention
  • The company confirmed this meets the exchange's requirements

Regulatory Compliance Reference

  • The financial results were prepared in accordance with Companies (Indian Accounting Standards) Rules 2015 (Ind AS)
  • Prepared under section 133 of the Companies Act, 2013
  • Compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements is implied through the exchange communication process

Financial Results Details

Standalone Statement of Cash Flow for Financial Year ended March 31, 2025 (All amounts in Rs. Lakhs):

Cash flow from operating activities:

  • Net profit before tax: 211.88 (FY25) vs 48.52 (FY24)
  • Depreciation & amortization: 246.60 vs 281.61
  • Finance Cost: 512.89 vs 274.48
  • Interest Income: (167.75) vs (210.87)
  • Operating profit before working capital changes: 804.03 vs 393.73
  • Net cash generated from operating activities: 1,160.62 vs (925.51)

Cash flow from investing activities:

  • Payments for acquisition of property, plants and equipment: (4,213.71) vs (3,335.12)
  • Net cash used in investing activities: (3,915.37) vs (2,512.18)

Cash flow from financing activities:

  • Proceeds/(Repayment) of long term borrowings: 1,324.08 vs 2,385.29
  • Proceeds/(Repayment) of short term borrowings: 1,941.81 vs 1,315.58
  • Interest paid: (512.89) vs (274.48)
  • Net cash used in financing activities: 2,753.00 vs 3,426.39

Cash position:

  • Net decrease in cash and cash equivalents: (1.76) vs (11.30)
  • Cash and cash equivalents at year end: 14.26 vs 16.02
  • Cash in hand: 12.21 vs 11.78
  • Bank balances: 2.06 (current accounts) vs 4.24 (3.74 current + 0.50 deposit)

Additional Financial Information:

  • The audited standalone financial results were reviewed by the Audit Committee and approved by the Board on 28th May 2025
  • Statutory Auditors carried out audit and expressed unmodified opinion
  • Company has one reportable business segment: Chemicals
  • Equity shares listed on NSE from March 24, 2025 under symbol ISHANCH
  • Q4 results represent balancing figure between audited full-year and published unaudited YTD Q3 results

Topic Tags: Regulatory Response, Financial Results Clarification, Compliance, Cash Flow Statement, SEBI Regulations