Kothari Petrochemicals : PDF - 4th Quarter Results 31st Mar 2025

Published: 2025-05-28 07:40:08 ET KOTHARIPET.NS

Published on 05/28/2025 at 07:40

Listing Department

¥otharl Psrschsmlcals Llmlled

Rsgd. off.: "Kothari Building", to.15, M.G.Saal, fivngambgtkan. Cfis•wi - 600 034

Phone : 044-35225500/ 501, new.kotha1parocremlcaIs,ccrn

G R 0 U P

May 28, 2025

National Stock Exchange of India Ltd. Exchange Plaza

Bandra - Kurla Complex Bandra [E], Mumbai - 400 051

Dear Sirs,

Stock Code - KOTHARIPET

With reference to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that, as required in terms of Regulation 30, 33 and other applicable provisions of Listing Regulations, the Board of Directors of M/s. Kothari Petrochemicals Limited at its meeting held on May 28, 2025 commenced at 11:45 hrs and concluded at 13:15 hrs has inter alia transacted and approved the Audited Financial Results of the Company for the quarter and year ended March 31, 2025.

Copies of Audited Financial Results, Auditors' Report issued thereon by the Statutory Auditors of the Company for the quarter and year ended March 31, 2025 and declaration that Statutory Auditors of the Company have issued the Audit Report with unmodified opinion on the Audited Financial Results of the Company for the year ended March 31, 2025 are enclosed as Annexure - I

Kindly acknowledge and take this in your records.

Thanking You,

Yours faithfully

for Xotbari Petrocbeotica)s Liotited

Chennai *

600 034

Company Secretary & Compliance Officer

Encl: as above

tl2-B 3315 Sethenysdv ¥illsgs, Meneli, Chennai - 600 068, In4ia, PXsra +8144 2!i94 1308 309, Fax +B 44 2534 t524

CIN : Lt1 f017N1088PLC017347

TII¥ No. : 335238II4B8

CST No. 2I777t I ¥t. 20 12 10Bg GSTIN : 33AAACK1347H1 ZX

KO0'HARI PETR OCI1EM1CAL5 LH ITED.

kcgd.Office:"Kothari Buildings", 1 TS, Mahatma Candhi Sal»i. Chennai - 600 034 CfN: Lt I 101TN19B9PLC0T7347 Phone 044-35?2S527/044-35225528

' " ' s ' I'•malI:scedept{[email protected] Web9ifc:https://www.kotharijjotCocItumicaIs.com

STATEMENT Or AUDITED FINANCIAL, REsuLTs ron TilE QUAINTER AND YLAR ENDLD 3IST MARCH 2025

Rs in. lakfia

Ycnr ended

(Audited} Mefer Nute 4

3 7-)2-2024

(Unqudited)

3t 43-2024

(Audited)

Refer Note 4

3I -03-2025

31-03-2024

1) Revenue tram opetationx

Other Income

Total Income (I+II)

Enptnses

(8) O6t OF MRMPi8l8 c0flSUEB0d

(b)'Pureha8es oFsfotk-in-trade

(d) Utilities end.storeg

(t) Employee.btctfits expense

(I) Finance cut

(g} Depreciation and amortisation expenses

(h) Other expenses Total Expenses (IY)

Profir(Loss) btforc mctptlonal ittms end tAx tIll-IY)

Exceptional Item

Profit/(Iss) before tnx (V - VT)

VII1) Tot Expenses

(a) Cummt Tax

{b) DeFerrod Tax

Totol Tan expenses

IX) Prnfit/(hoes) for the period from continuing operations (Vll-vilt)

X1 Profit /(Less) frem discontinuedopflr8tions

XI) Tax expenses of discontinued operations

xtI) Profit / (Loss) fron discontinptd nptrutlnns {sCtr tnx) (X-XI)

y1'V) Other Comprehensive lncpme:

(a}{i) items tkat will not be reclassified fuFrotit or Loss

(ii) fncoma tax relating ‹a iems.ffiat will nof be reclassified to Profit or Loss (bj{i) Items IJtst wilt be recaSsified to Profit or Lass

(ii) income tax relating to it«ms lhat will be feclBssified to Profit or Logs XY) Yotxl Comprehensive income ror lite period (XIJI+XIY)

[Comprising rrofit /(Lose) pod Otber Comprehensive Income for tbe

XYl) Fmmings Per Equity Share tFor continuing operations)-i0 Rs

(o) Bestc

(b) Diluted

âW 11 j Earnings Per EquitySham (For discontinued operations}-in Rs

(a) Basit

t+) Diluted

XVlfI) Earnings Per Equi!y Shara (For discontinued and continuing opcrationsin Rs

(ay Basic tb Di)uted

15,291.73

t3,G27.t4

16,793.74

57,733.94

59,590.63

i6p.l¿

22N.94

242.g9

J.l4g.83

822.66

jfi.4c0.86

J3d56.38

J7.036.IG

5g,gti2.77

GU›41J.29

l0,87S.86

8,818.88

10,718.92

38,lH1i1.43

H;890.13

(†90.76)

(686.t3)

t57.73

L7M.24)

67t.87

984.IB

998.59

0I9.37

4,t86.58

4,180.87

702.83

666.S6

679.)8

2,886,71

2,75Z.86

37.23

2L20

Jft.88

tt0.3t

ITB.99

212.53

218.91

t9L96

840.?3

762.40

J,1P3.64

1,517.SS

1,717.06

5,490.47

5,486.96

13,215.49

1J,S77.58

I 4,39S.JO

50,661.09

50,864.02

2,245.39

i,7'78.80

2,64t.53

8,220.78

9,549.2?

(4U.86)

(40.86)

3,245.39

1,??N.80

2,600.67

8420.'78

9406.41

547.56

546.66

37.9t

2,067.t6

A€6t:58

(29.77)

(52:90)

364.'?3

(428.J6)

465:42

5t7.79

493.76

1,082.64

y,6J9.00

3,130,O0

1,727.60

1,285.04

1,51b.03

t,58l.78

G,370.41

J727.60

1?¥5:04

),51803

6â84.78

t37&41

(HP)

(J3.05)

(74.2S)

2.26

(0.22)

4.48

1tl.84

25.95

1,720.82

t,?H5.66

l,121.98

6,549.5?

6,330.1 I

2.94

2.18

2.58

j1,18

t0,84

3.94

2.IB

2.58

10.84

2,94

2.18

2.56

70.N4

194

2.1*

11,18

I II.64

* CHENNAI

STATEMENT OF ASSETS AND LIABILITIES AS AT 51st MARCH 2025

Particulars

As at 31/03/2025

Ae at 31/03/Z024

(Audited)

Non-current assets

a) Prnperty, Plsnt & Equipment

J9,205.13

tt,392.41

b) Capital work in Progress

195.6t

I37.37

1,512.62

1,537.43

d) tntsngible assets other than Gooawlll

62.g6

e) Right of use assets

278.65

f) Non-current Investments

g) Financiut Assets

(i) Others

472.96

573.77

(ii) Investments

2,596.34

939T5

h) Other ilon-current sssets

337.04

Curreat assats

24,661.22

14,804.29

a) Tnventorios

3,095.85

b) yioaaclal Aaaets

(i) tavestments

t,4d6.58

6,4y2.10

(ti) Trade receivables

5,Z0tJ3

5,866.84

(ñlCaAaodcahequhxonte

t47t.53

585.55

(iv) Bank balanced other than (Hi) above

299.84

585.24

(v) Lorna

7.57

82.10

(vi) Others

25.63

3t.33

c) Current tax qssetc (net)

d) Other current assets

720.09

414.12

13,188.66

17,1191.71

EQUITY AND LIABILITIES

Equity

Other Equity Liabilities

Non-Current liabllltles

a} Financial Liabilities

Leasa Llabitities

b) Deferred tax liubllities (Net)

Current IiabMlttes

Financial blabilitiea

Lease Llabilides (lij Trade payables

dues of micro enterprises and imali «nterprises dues of creditors other than micro enterprises

(iv) Other flsancisl liability

b) Other current llebilitles

d) Current tax liabilities(Net)

Total Equtty end Liabilities

34,696.82

18,735.73

30,6t5.SO

34,654.4I

223.7Y

M.55

15.84

t,774.94

1,790.78

77.J0

574.3z

482.93

3,893.9B

5'77.S4

708.85

t49.69

IY2.71

258JJ5

5,651.11

3784988

Chennai 600 034

CHENNAI

Noles :

The above financial results were reviewed by the Audit Cnmmittee and approved by the Bnard of Directors at the respective iiieeliiigs held on 28th May 2015.

The decrease in the profit before tsx during the year 2024-25 as compared to 2023-24 periiid is due to n lower volume because of short availability of raW materials.

3} The Company has only one primary business augment that of manufacturing Poly fen Butyleiie.

The figures of the lest quarter arc the balancing figures between the audited figures in respect of the full Rna ucinl year and the published.

With effect from financial year 2024-2S, the company has decided to opt tor income tax under section 1I5BAA from the normal tfix regime. Hence, accordingly, impact of the ehunge in thé tax ratt has been accounted in the currént qu8Her. Deferred trim sssets/liabilities have also been remessured to reflect the new tax rate.

The Company hae no Subsidiary, Associate or dalei Venture Company(ies), as on 3Ist Mar 2025.

The company has reclassified the revenue from ssle of input stream, which 1s not a byproduct, post rawmsterial extraction as reduction to. the cost of mgterisls cnnsumed, to reflect core operations appropriately. Consequently, the revenue and cost of materials consumed is reduced to the extent of Rs. 1,067 lakhs end Rs.7,060 lakhs, respectively for the quarter Rnd yesr ended 31Et Msr 2025.

8} The figures pertaining to the previous periods have been regrouped, recIs8sified and resented wherever considered necessary.

On behxlf of the Board of Directors

for Kothari Petrocheatieal9 limited

CHENN'AI

Date : 28th Mny 2025

Chennai

600 D34 /"

. o é""

othari PetrocBeaiicsle limited

Cash flow Statement for the year ended 31st Mar 2025

Rs in lakhs

Particulars

Year ended

31st hear 2025

Year ended

3tst Mar 2024.

A. CASH FLOW FROM OPERATING ACTIVITIES

Profit before tax

Adjustments to reconcile net income to net cash provided

8,220.78

9,508,4,1

by operating activities:

Depreciation and amortization expense

840.73

762.40

Exceptional items

0.00

40.86

Operating lease rentals from Investment Property

(239.07)

(226,08)

Interest income

(197.76)

(112.21)

Gain on Investments (net)

(435.17)

(3 I 4.97)

(Oaiti)/loss on sale of Property, Plant and Equipment

1,68

(17.99)

Unrealised foreign exchange differences(Gain)/loss (net)

27.80

14.34

Finance cost / financial guararitee expenses

52.65

116,20

Interest expense on Lease liability

Operating profit before working capital changes

57.66

2.78

8,329.30

9,773.74

Adjustments for changes ln wprking capital:

(Increase)/decrease in operating assets-

Inventories

(1.,001.66)

249:74

Trade receivable

623.36

(1,185.52)

kifl8flCifl) R5SCt5-lO8ns

74.53

(76.97)

Financial assets-others

88.97

(235.86)

Other Assets

(305.97)

30.49

increase/(decrease) in.operating liabilities-

Trade payables

153,59

851.10

Financial liabilities-others

(121.74)

359.94

Other liabilities

(14.90)

54.46

Léss:Taxes paid

7,825.48

1,948.24

9,821.12

2;668.92

Net essh from I (used in) operating sctivifies

5,877.24

7,J52.20

8.CASH FLOW FROM INVESTING ACTIYITIES

Purchase of assets

(inisluding capital work-in-progress)

(8,606.46)

(l,556.35)

Net Movement in capital - creditors ând advances

(216.82)

(41.21)

Redemption / (Purchase) of investments (Net)

3,715.19

(2,912.91)

Proceeds on sale of Properly, Plant and Equipment

14.99

56.14

Term deposit/Margin money with bank account

295.98

(305.19)

Operating lease rentals ftom Investment Property

239.07

226.08

Internet received

215.30

93.00

Net crab from / (used in) inverting activities

(4,342.75)

f4,440.44)

C.CAStl FLOW FROlYt FINANCING ACTIVITIES

Repayment of long term borrowings

(2,241.61)

Payment ofbase Liability

(107.40)

(36.fi0)

Oividend paid

{588.46}

(882.70)

Finance cost / Financial guarantee expenses

{42.65)

(134.50)

Earmarked balances with bank-unclaimed Dividend account

(8.01)

Net cash from f (used in) fipgncing,activities

t748.51)

(3,302.82)

D.NET CASH FLOWS DURING THE YEAR(A+B+C)

785.98

(591.06)

C Cash d b ulvaletlts at the beginning of the year

585.55

1,176.61

ces.

585 55

I.I 76,61

F.CASH ANQ CASH EQUIVALENTS AT THE END OF

1,371 53

THE YEAR(D+E)

t2ash & Bank balances

1,371.53

585.55

Cash Credit balance

The above cash flow staterñent has been prepared under the "Indirect Method" as set out in

the Indian Accounting Standafd(lnd AS 7)

{CHENNAI

Mls. P. Chandrasekar LLP

No. i BA, t^ Float, Plot No, 5, BalaJah Avenue, Lu‹, Mylapore, Chennai - 600 004. Email: [email protected]

IndependentAuJitorn Report rim the Quarterlyand veerlv AuditedFinancial Results of the Comlianv Pursuant to the Reeulutlon 33 of the SEBT {ListingOblipstio is and DisclosureRequirements) RegnlatiDDfl, 2015, aa airiendod

Kothari Petroohemicals Limited

Ckexnai 60.0 034

We have audited the accompanying financial results of Kothari Petrochemicals Limited 9'the Cprdpany") for the quarter ended Mamh 31, 2025 and for the year ended March 31, 2025 ("Stateuient'9, attached herewith, being submitted by the Company pursuant to the requirement o{ Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amsndcd glinting Regulations'9.

.2. In our opinion and to the best of our information and acGording to the explanatiOn8 vflO to us IllC Statement:

presents financia) results in accordance with the requirements of Regulation 33 of the

Listing Regulations itI this regard; and

give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards ('IndAS') specified under section 133 of the Companies Act, 2013 ('the Aot') raad with the Companies (Indian Accounting Standards) Rules, 2015, and other accounting principles genenilly accepted in Itidia, of the net profit after tax, other comprehensive income and other financial information for the quarter ended March S1, 2025 as well as for the year ettded March 31, 2025.

3, We conducted our audit in .acuortlance with the Standards on Auditing ("SAs") speoified under Section 143(l0) of the Companies Aot, 2013 ("the Act"). Our responsibilitiesunder those Standards are further described in the "Auditor'c Re onslbililies for IN Audit of the Financial ñes«R* section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial results tinder the provisions of the Act and the rules tbereunder, and we have fulfilled our ethical responsibilities in accordance with these requirements and the Cods of Ethics. We .believe that the audit evidence we have obtained is sufficiont and appropriate to provide.a basis for our opinion.

Page 1 of3

4. These quarterly financial results as well as the year-to-date financial results have been prepared on the basis of annual financial statements. The Board of Directors of the Company.are responsible for the preparation of the Statement that giva a true and fair view of the net profit and other cpmprehensive income and other financial information in accordance with the .applicable accounting standards prescribed under .section 133 of the Act read with relevant niles issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintaiiance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relgVant to the preparBtion .and presentation of the financial results that give a true and.fair view atid are free fTom material misstatement, whether due to fraud or airor,

S. In preparing the Statement, the Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company of to cease,operations, or has no realistic alternative but to do so.

fi. The Board of Directors .are .also responsible for overseeing the Company's. financia! reporting

Our .objectives are to obtain reasonable assurance about whether the financial results as a whole are free from material misstatement, whethGr due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assumnce, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement whan it exists. Misstatements can arise from fraud or Error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the Statement.

As part of an audit iti accordance with ,Standards on Auditing, specified under section 143(3) of the Act, we exeteise professional judgment and maintain professional skepticism throiighout the audit. We also:

Identify and assess the risks of material misstatement of the Statement"whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. ThG risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as .fraud may involve collusion, forget, intentional omissions, misrepresentations, or the override of internal,control.

Obtain an understanding of internal controls televatit to the audit in order to design aUdit procedures that are appropriate in the circumstances. Under Section 143 (3)(i) of the Act, we are.also responsible for expressing our opinion on whether the company has adequate internal

Page 2 of 3

financial cotitro!s with reference to financial statements in place and the operating effectiveness of such controls.

Evaluate the appr0priateriess of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors,

Conclude on the appropriateness of the Board of Directors' use of the gtiirig concern basis of accounting and, based on the audit oYidence obtained, whether a material uncertainty exists related 4o events or conditiohs that may ,cast significant doubt on 4he Company's ability to

.continue as a going concern. IT we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosuresin the financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained tip to the date of our auditor's roporL However, future events ,or conditions may cause the Company to cease to continue as a going concern.

Ev,aloate the overall presentation, structure and content of the Statement, including the

‹disclosures, and whether the Statement represents the underlying transactions and events in a manner that mhisves fair presentation.

We communicate with those charged with governanceregarding, among other matters, the planned scope and timing of the audit and significant audit ftndings including any .significant deficiencies in interljal control that we identify during our audit.

We also provide those charged with governance wfth a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear oti our independence, and where applicable, related safeguards.

rather Matter

The Statement includes the results for 4he quarter ended Match 31, 2025 being the balancing figire between the audited figures in respect of the full financial year endeñ March '31, 2025 and the publisiied unaiidited year-to-date figures up to December 31, 2024, which were subjected to limited review by as, as required under the Listing Regulations.

MEN?IAI

For P Chandrasekar LLP Chartered Accountants FRN: 00058tiS/S200066

S Raghavendhar Partner

M. No. 244016

UDIN: 23244016BMHPFi34194

Chennai

May 28, 2025

Paga 3 of 3

Listing Department

fi0tM8ri P0tfoCh8mlcalS LlMiteM

R•gd, off.:"Kothari Bullding•, No.US, M,s.saizi, NvnganbekXarn, CXenntl -600034

Rons : 044•352255@/ 501, k0tharIpetfnchemIcaIs.ccm

G R 0 U P

May 28, 2025

National Stock Exchange of India Ltd. Exchange Plaza

Bandra - Kurla Complex Bandra [E], Mumbai - 400 051

Dear Sirs,

Stock Code - KOTHARIPET

Sub: Declaration in pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

In Compliance with the provisionsof Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby declare that Mls. P. Chandrasekar LLP, Chartered Accountants (FRN - 000580S / S200066), Statutory Auditors of the Company have issued the Audit Report with unmodified opinion on the Audited Financial Results of the Company for the year ended March 31, 2025.

This is for your kind information and records. Thanking you

Yours faithfully

chemicals

S. Sivamahesii

Chief Financial Officer

p|qqt - CIN - L11101TIi1808PtC017347

1f2-B 33J5 3xthenyxdu Village, Myneli, Chennai - 800 888. Indie. Phone +91 44 Z594 13B8 3BB, Fax +9144 2584 1524 ttT key 21777j/ 4!. 2d-12-1080

GSflti : 33AAAtK1347H1ZX

Disclaimer

Kothari Petrochemicals Ltd. published this content on May 28, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 28, 2025 at 11:39 UTC.