Indokem Limited

(CIN: L31300MH1964PLC013088)
Registered Office: Phone : 022-61236767
“KHATAU HOUSE,” Ground Floor Fax : 022-61236718
Mogul Lane, Mahim (West), E-mail : iklsecretarial@gmail.com
Mumbai - 400 016. Website: www.indokem.co.in

14th November, 2024

To,
BSE Limited,
Corporate Relations Department
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai - 400 001.

Scrip Code: 504092

Subject: Outcome of Board Meeting held on 14th November, 2024

Respected Sir/Madam,

Pursuant to Regulation 30 and other applicable provisions of the Securities and Exchange
Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
(“Listing Regulations”), this is to inform you that the Board of Directors of the Company in
its Meeting held today i.e. on Thursday, 14th November, 2024, has inter alia approved:

1. Unaudited Standalone and Consolidated Financial Results for the quarter and half year
ended 30th September, 2024:

Pursuant to Regulation 33 and other applicable provisions of the Listing Regulations, the
Board considered and approved the Statement of Unaudited Standalone and Consolidated
Financial Results of the Company for the quarter and half year ended 30th September, 2024
together with Limited Review Report issued by M/s. CNK & Associates LLP, Chartered
Accountants, Mumbai, the Statutory Auditors of the Company. A copy of the same is
enclosed.

2. Adoption of revised Related Party Transactions Policy:

To comply with the requirements of Regulation 23(1) of Listing Regulations, the Audit
Committee and the Board of Directors have reviewed and adopted revised Policy of Related
Party Transactions.

Commencement of Board Meeting: 03:00 P.M.

Conclusion of Board Meeting: 03:50 P.M.

Page 1 of 2
 Indokem Limited (CIN: L31300MH1964PLC013088)
Registered Office: Phone : 022-61236767
“KHATAU HOUSE,” Ground Floor Fax : 022-61236718
Mogul Lane, Mahim (West), E-mail : iklsecretarial@gmail.com
Mumbai - 400 016. Website: www.indokem.co.in

The above mentioned policy and this intimation is also being uploaded on the Company’s
website at https://www.indokem.co.in

The above is for your information and record.

Thanking you,

Yours faithfully,

For Indokem Limited

Digitally signed by
RAJESH RAJESH DINKAR PISAL
DINKAR PISAL Date: 2024.11.14
15:55:34 +05'30'
___________________
Rajesh D. Pisal
Company Secretary and Compliance Officer

Encl: a/a

Page 2 of 2
Independent Auditor's Review Report on Unaudited Standalone Quarterly and year to date Financial Results
of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (as amended)

To the Board of Directors of Indokem Limited

1. We have reviewed the accompanying Statement of Unaudited Standalone Financial results of Indokem
Limited ("the Company") for the quarter ended 30th September, 2024 and year to date from 01st April, 2024
to 30th September, 2024 ("the Statement") attached herewith, being submitted by the Company pursuant to
the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations,
2015, as amended (the "Listing Regulations").

2. This Statement, which is the responsibility of the Company's Management and approved by the Board of
Directors, has been prepared in accordance with the recognition and measurement principles laid down in
the Indian Accounting Standard 34, ("Ind AS 34") "Interim Financial Reporting" prescribed under Section
133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other
accounting principles generally accepted in India. Our responsibility is to express a conclusion on the
Statements based on our review.

3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE)
2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity''
issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform
the review to obtain moderate assurance as to whether the financial statement is free of material
misstatement. A review of interim financial information consists of making inquiries, primarily of persons
responsible for financial and accounting matters, and applying analytical and other review procedures. A
review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and
consequently does not enable us to obtain assurance that we would become aware of all significant matters
that might be identified in an audit. Accordingly, we do not express an audit opinion.

4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that
the accompanying Statement of Unaudited standalone financial results prepared in accordance with
recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind AS')
specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued
thereunder and other accounting principles generally accepted in India, has not disclosed the information
required to be disclosed in terms of the Listing Regulations, including the manner in which, it is to be
disclosed, or that it contains any material misstatement.

For CNK & Associates LLP

Chartered Accountants
Firm ~~tration No. 101961W /W-100036

Partner
Membership No. 158289
Place: Mumbai
Date: 14th November, 2024
UDIN:'24-1. S z3 28 C,
B l<A 63 ~L 7--=r1 ,q

The Nirat, 3rd Floor, 18, Winward Business Park, Behind Emerald One Complex, In the lane of Dr. Prasant Buch's Hospital,
Jetalpur, Vadodara 390 007. Tel: +91 265 234 3483
Website: www.cnkindia.com
VADODARA I MUMBAI I CHENNAI I AHMEDABAD I GIFT CITY I BENGALURU I DELHI I PUNE I DUBAI I ABU DHABI
 INDOKEM LIMITED

l CIN NO.: L31300MH1964PLC013088

Registered Office: Khatau House, Plot No. 410, Mogul Lane, Mahim, Mumbai 400 016.
Tel No.: +91-22-61236767 /61236711 Email: iklsecretarial@gmail.com
STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE
Website: www.indokem.co.in

QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2024

Rs. inlakhs

Sr. No. Particulars

30,2024
I
Quarter ended
September June
2024 30,2023
I
I
30,2024 30,2023
I
HalfYear ended
30,, September September September March

(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited)

2024
I
I Year ended
31,

(Audited)

CONTINUING OPERATIONS
INCOME 6,844 7207 13,951
3,640 3,204 3416
a) !Income from operations 21 6 24 40
5 1
b) Other Income 6,850 7,231 13,991
3,645 3,205 3,437
Total income from operations
2 Expenses 2,348 4,839 5,053 9,838
2,529 2,_310
a) !Cost of materials consumed 5 238 13 226
157 81
b) Purchase of stock in trade (94) 122 84
(17) (77) 135
c) Changes in inventories of finished goods, work-in-
process and stock in trade
420 809 808 1,574
398 411
d) I Employee benefits expense
67 134 144 294
69 65
e) !Finance cost 70 103 120 238
52 51
~ Depreciation and amortisation expense
632 1,074 1,269 2,259
529 545
g) [Other Expendirure
3,677 7,103 7,529 14,513
3,717 3,386
Total expenses
(240) (253) (298) (522)
(72) (181)
3 Profit / (Loss) before tax (1) - (2)

4 Tax expenses:
Current tax (1) 4
(1)
Excess / short provision for earlier years (252) (298) (526)
(71) (181) (240)
5 Profit / (Loss) for the year (3) - (4)
6 Other comprehensive income/ (loss) net of tax
Items that will not be reclassified subsequently to
profit and loss account
(17) (5) (32)
(9) (8) (5)
(i) Remeasurement of Defined benefit plans
(269) (303) (558)
(80) (189) (245)
7 Total comprehensive income / ( loss) net of tax (5)
+ (6) 2,789 2,789 2,789 2,789
2,789 2,789
8 Paid-up equity share capital (face value of Rs. 10/- each)
439
9 Other Equity (Excluding Revaluation Reserve)

10 Earnings per share (EPS) (not annualised)

Total Earnings per share -0.90 -1.07 -1.89
-0.24 -0.65 -0.86
(a) !Basic (m Rs.) I -0.90 -1.07 -1.89
-0.24 -0.65 -0.86
(b) Diluted (m Rs.)
NOTES:

1 The above standalone financial results were reviewed by the Statutory Auditors, recommended by Audit Committee and approved b
the Board of Directors at the meeting held on November 14, 2024.
2 The Company operates in two segments, viz. textile dyes and chemicals and electrical capacitors. However the segment reporting for
electrical capacitors is not disclosed separately, as the same does not qualify for separate disclosure as per Ind-AS 108 on operatin
segments.
3 The figures of the previous period(s) / year have been regrouped / reclassified wherever necessary.

C an & Managing Director

Place : Mumbai DIN: 00062794
Date : November 14, 2024
 INDOKEM LIMITED
CIN NO.: L31300MH1964PLC013088
Registered Office: Khatau House, Plot No. 410, Mogul Lane, Mahim, Mumbai 400 016.
Tel No.: +91-22-61236767 /61236711 Email: iklsecretarial@gmailcom Website: www.indokem.co.in
STANDALONE STATEMENT OF ASSET AND LIABILITIES FOR HALF YEAR ENDED SEPTEMBER 30, 2024
Rs. in lakhs
September 30, 2024 March 31, 2024
Particulars Unaudited Audited

ASSETS
Non-current Assets
6,379 6,455
Property, plant and equipment
5 4
Capital work-in-progress
71 71
Goodwill
3 3
Intangible assets
Financial assets
96 96
Investments
Loans* - 0
50 55
Other financial assets
22 25
Income tax assets (net)
55 55
Other non-current assets
6,681 6,764
Total Non-current Assets
Current Assets 2,287
2,413
Inventories
Financial assets 2,513
2,844
Trade receivables
85 22
Cash and cash equivalents
44 36
Bank balance other than cash and cash equivalents
39 40
Loans 45
44
Other financial assets
130 119
Other current assets 5,062
5,599
Total Current Assets 11,826
12,280
Total Assets
EQUITY AND LIABILITIES
Equity 2,789
2,789
Equity share capital 2,451
2,182
Other equity 5,240
4,971
Total Equity
LIABILITIES
Non-current Liabilities
Financial liabilities 1,279
1,356
Borrowings 269
256
Other financial liabilities
296 292
Provisions 1,840
1,908
Total Non-current Liabilities
Current Liabilities
Financial liabilities 960
924
Borrowings
Trade payables 126
93
(1) Total outstanding dues of Micro and Small Enterprises
3,376 2,766
(ii) Total outstanding dues other than Micro and Small Enterprises
12 18
Other financial liabilities 109
112
Provisions 767
884
Other current liabilities 4,746
5,401
Total Current Liabilities 6,586
7,309
Total Liabilities 11,826
12,280
Total Equity and Liabilities

., ~~' au (
Ii
• Amount is J'~ norms adopted by <ho C=,-,Y·
. ~ c$". _
I •5t':i~- ,(~ X ~

108"1 "I
Q"ru1oi.m Limited
.. ·· ~ ,~, .r~· ~ 0 I~._, '~I ~

"i,
110'/

)2}; /:;// , z..-- MU~ m

· CJ '"
~ _ . Khatau
Place
..• "<" I .
"TC\''i'-)/.7 ·
r< ',.
* '...., •
.,hamnan & Managmg Director
• •

Date. Nove ~:lf,:2'014 , DIN: 00062794

 IN D O K E M LIM IT E D
C IN N O .: L31300M H 1964PL C0J3088
R egistered Office: Khatau House, Plot No. 410, Mogul Lane, Mahim, Mumbai 400 016.
STATEMENT OF STANDALONE CASH FLOW FOR THE HALF YEAR ENDED SEPTEMBER 30, 2024
Rs. in lakhs
Half year ended Half Year ended Year ended
September 30, September 30, March 31,
Particulars 2024 2023 2024

Unaudited Unaudited Audited

A. CASH FLOW FROM OPERATING ACTMTIES

(253) (298) (522)
Profit/ (loss) before tax
Adjustments for: 238
103 120
Depreciation 294
134 145
Finance costs (8)
(0) (1)
Interest income* 19
(5) 34
Allowances for credit losses 30
1 -
Bad debts w / off (9)
- -
Provision no longer required
- (5) -
Adjustment on account of OCI
(1) (2) (2)
Sundry balances off/(written back) (I) 4
5
Unrealised exchange rate difference (net) 44
(16) (14)
Operating profit before working capital changes
Changes in working capital: (399)
(125) (260)
(Increase)/ decrease in inventories 27
(332) (385)
(Increase)/ decrease in trade receivables
0 - (39)
(Increase)/ decrease in loans and advances" (3)
5 (10)
(Increase)/ decrease in other financial assets 66
(12) 90
(Increase)/ decrease in other assets 480
577 383
Increase/ (decrease) in trade payables (182)
(12) 75
Increase/ (decrease) in other financial liabilities 423
120 157
Increase/ (decrease) in other liabilities (37)
(12) 51
Increase/ (decrease) in Provisions 380
193 87
Cash generated from operations (4)
4 (I)
Income taxes refunded/ (paid), net 376
197 80
Net cash (used in)/ generated from operating activities
B. CASH FLOW FROM INVESTING ACTMTIES (136)
(27) (94)
Expenditure on property, plant and equipment and capital advances
(6)
Investment in subsidiary
- (6)
(8) (12) 6
Redemption/ (investments in fixed deposits) 8
0 1
Interest received* (111) (128)
(35)
Net cash (used in)/ generated from investing activities
C. CASH FLOW FROM FINANCING ACTMTIES 799
103 776
Proceeds from loans taken from banks and financial institutions (123)
(53) (640)
Repayment of loans taken from banks and financial institutions 82
21 67
Unsecured loans taken from directors (153)
(34) (61)
Unsecured loans repaid to directors -
15 -
Loan taken from company - -
(10)
Repayment of loans to company (152) (303)
(141)
Finance costs paid (10) (298)
(99)
Net cash (used in)/ generated from financing activities (50)
63 (41)
NET CASH (USED IN)/ GENERATED FROM CONTINUING
OPERATIONS (41) (50)
63
INCREASE/ (DECREASE) IN CASH AND CASH EQUIVALENTS 72
22 72
Cash and cash equivalents at the beginning of the year 22
85 31
Cash and cash equivalents at the end of the year
• Amount is below the rounding off norms adopted by the Company
Notes:
1. The above cash flow statement has been prepared under the "Indirect Method" set out in Indian Accounting Standard (Ind As-7)
on statement of Cash Flo~ notified under Companies (Accounts} Rule 2015.
-
~riJ~,1; Fo ;
J;f:'
o6
c,\'?\tS~

-:?, ~'
,\~ ,~ ·:..;,
~ *
-
C) ;..--------..:: :i_,1. ~

I -:.:- ,•'I
-..'->'' "=
/&,
·':'/
.,, I 08
~M l..1

I i 1".J~ -~ \
"~11 ~~
1~ - Mahendra K. Khatau
Chairman & Managing Director
Place : Mumb
Date : Novem e
C-,fi~i1,\1::
~
---c{/:;., :, <
*
- DIN: 00062794
 Independent Auditor's Review Report on Unaudited Consolidated Quarterly and year to date
Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015 (as amended)

To the Board of Directors of lndokem Limited

1. We have reviewed the accompanying Statement of unaudited consolidated financial results of

Indokem Limited ("the Parent") and its subsidiaries (the Parent and its subsidiary together
referred to as "the Group") for the quarter ended 30 th September, 2024 and year to date from Olst
April, 2024 to 30th September, 2024 ("the Statement") attached herewith, being submitted by the
Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirement) Regulations, 2015, as amended (the "Listing Regulations").

2. This Statement, which is the responsibility of the Parent's Management and approved by the
Parent's Board of Directors, has been prepared in accordance with the recognition and
measurement principles laid down in the Indian Accounting Standard 34, ("Ind AS 34") "Interim
Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read
with relevant rules issued thereunder and other accounting principles generally accepted in
India. Our responsibility is to express a conclusion on the Statements based on our review.

3. We conducted our review of the Statement in accordance with the Standard on Review
Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the
Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India.
This standard requires that we plan and perform the review to obtain moderate assurance as to
whether the financial statement is free of material misstatement. A review of interim financial
information consists of making inquiries, primarily of persons responsible for financial and
accounting matters, and applying analytical and other review procedures. A review is
substantially less in scope than an audit conducted in accordance with Standards on Auditing
and consequently does not enable us to obtain assurance that we would become aware of all
significant matters that might be identified in an audit. Accordingly, we do not express an audit
opinion.

We also performed procedures in accordance with the circular issued by the Securities Exchange
Board of India under Regulation 33 (8) of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015, to the extent applicable.

4. The statement includes results of the following entities:

1. lndokem Bangladesh (Pvt.) Limited (Subsidiary company)

2. Refnol Overseas Limited (Subsidiary company)
3.

The Nirat, 3rd Floor, 18, Winward Business Park, Behind Emerald One Complex, In the lane of Dr. Prasant Buch's Hospital,
Jetalpur, Vadodara 390 007. Tel: +91 265 234 3483
Website: \V\VW.cnkindia.com
VADODARA I MUMBAI I CHENNAI I AHMEDABAD I GIFT CITY I BENGALURU I DELHI I PUNE I DUBAI I ABU DHABI
5. Based on our review conducted and procedures performed as stated in paragraph 3 above and
based on the consideration referred to in paragraph 6 & 7 below, nothing has come to our
attention that causes us to believe that the accompanying Statement, prepared in accordance with
recognition and measurement principles laid down in the aforesaid Indian Accounting Standards
('Ind AS') specified under Section 133 of the Companies Act, 2013 as amended, read with
relevant rules issued thereunder and other accounting principles generally accepted in India, has
not disclosed the information required to be disclosed in terms of the Listing Regulations,
including the manner in which it is to be disclosed, or that it contains any material misstatement.

6. We did not review the interim financial results of 1 subsidiary included in the consolidated
unaudited financial results, whose interim financial results reflects (before consolidated
adjustments), total assets of Rs. 1,331.88 lakhs as on September 30, 2024, total revenues of Rs.
787.12 lakhs and Rs. 1,349.28 lakhs for the quarter and six months ended September 30, 2024
respectively, total net profit after tax of Rs. 75.11 lakh and Rs. 122.33 lakh for the quarter and six
months ended September 30, 2024 respectively, total comprehensive income of Rs. 75.11 lakh and
Rs. 122.33 lakh for the quarter and six months ended September 30, 2024 respectively and net
cash inflow of Rs. 11.34 lakhs for the six months ended on September 30, 2024, as considered in
the consolidated unaudited financial results. These interim financial results have been reviewed
by other auditors whose reports have been furnished to us by the Management and our
conclusion on the Statement, in so far as it relates to the amounts and disclosures included in
respect of these subsidiary is based solely on the reports of the other auditors and the procedures
performed by us as stated in paragraph 3 above. Our conclusion on the Statement is not modified
in respect of the above matters.

7. The consolidated unaudited financial results include the interim financial information of 2
subsidiaries which has not been reviewed by its auditor, whose interim financial information
reflect (before consolidated adjustments) total assets of Rs. 308.36 lakhs as on September 30, 2024,
total revenue of Rs. 4.24 lakh and Rs. 7.59 lakh for the quarter and six months ended September
30, 2024 respectively, total net loss after tax of Rs. 5.06 lakh and Rs. 9.71 lakh for the quarter and
six months ended September 30, 2024 respectively, total comprehensive income of Rs. 5.06 lakh
and Rs. 9.71 lakh for the quarter and six months ended September 30, 2024 respectively and net
cash outflow of Rs. 9.77 lakhs for the six months ended September 30, 2024, as considered in the
consolidated unaudited financial results, based on their interim financial information which have
not been reviewed by its auditor.

According to the information and explanations given to us by the Management, this interim
financial information is not material to the Group.

Our conclusion on the Statement is not modified in respect of our reliance on the interim
financial information certified by management.

For CNK & Associates LLP

Date: 14th November, 2024

1
UDIN: 241. S g :2. ~ B ¥-A~ IS2-.M f?4 4- 2.
 INDOKEM LIMITED
CIN NO.: L31300MH1964PLC013088
Registered Office: Khatau House, Plot No. 410, Mogul Lane, Mahim, Mumbai 400 016.
Email: iklsecretarial@gmail.com Website: www.indokem.co.in
Tel No.: +91-22-61236767 /61236711
STATEMENT OF CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE
QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2024
Rs. in lakhs
Half Year ended Year Ended
Quarter ended
September September September March 31,
September June 30,
30,2023 30,2024 30,2023 2024
Sr. No. Particulars 30,2024 2024
(Unaudited) (Unaudited) (Unaudited) (Audited)
(Unaudited) (Unaudited)

1 INCOME 4,034 8027 8,450 16,480

4329 3698
a) Income from operations 21 6 24 41
5 1
b) Other Income 4,055 8,033 8,474 16,521
4,334 3,699
Total income from operations
2 Expenses 2,624 5333 5,613 10,953
2837 2496
a) Cost of materials consumed 5 238 12 226
157 81
b) Purchase of stock in trade (72) 136 (91) 125 94
c) Cbanges in inventories of finished goods, work-in-process and stock (19)

in trade 504 985 972 1,914

486 499
d) Employee benefits expense 70 140 153 308
72 68
e) Finance cost 74 109 125 251
55 54
f) Depreciation and amortisation expense 1,108 1460 1,980 3,394
748 712
g) Other Expenditure 4,521 8,174 8,980 17,140
4,336 3,838
Total expenses (466) (141) (506) (619)
(2) (139)
3 Profit / (Loss) before tax (1) - (2)
4 Tax expenses: - - -
0 -
Current ta.'<
(1) - - (1) - 4
Excess / short provision for earlier years (140) (506) (623)
(1) (139) (466)
5 Profit/ (Loss) for the year (3) - (4)

6 Other comprehensive income / (loss) net of tax

(a) Items that will not be reclassified subsequently to profit and
loss account (18) (5) (32)
(10) (8) (5)
(i) Remeasurement of Defined benefit plans
Gain and Loss on obligation for the period
(b) Items that will be classified to profit and loss 1 1 (1)
l - 1
Exchange Difference on translation of foreign operations (157) (510) (656)
(10) (147) (470)
7 Total comprehensive income/ ( loss) net of tax (5) + (6)
Net Profit/ (loss) attributable to: (138) (505) (619)
0 (138) (465)
Owners of the company (2) (1) (4)
(1) (1) (1)
Non - Controlling Interest
Other comprehensive income / (loss) net of tax (17) (4) (33)
(9) (8) (4)
Owners of the company
0 - - - - -
Non - Controlling Interest
Total comprehensive income / ( loss) net of tax (155) (509) (652)
(9) (146) (469)
Owners of the company (2) (1) (4)
(1) (1) (1)
Non - Controlling Interest 2,789 2,789 2,789
2,789 2,789 2,789
8 Paid-up equity share capital (face value of Rs. 10 /- eacb) 1,068
9 Other Equity (Excluding Revaluation Reserves)
10 Earnings per share (EPS) (not annualised)
Total Earnings per share -0.49 -1.81 -2.23
0.00 -0.50 -1.67
(a) Basic (in Rs.) -0.49 -1.81 -2.23
0.00 -0.50 -1.67
(b) Diluted (in Rs.)
NOTES:

1 The above consolidated financial results were audited by the Statutory Auditors, recommended by Audit
Committee and approved by the Board of Directors at the meeting held on November 14, 2024.
2 The Group operates in two segments, viz. textile dyes and chemicals and electrical capacitors. However the
segment reporting for electrical capacitors is not disclosed separately, as the same does not qualify for separate
disclosure as per Ind-AS 108 on operating segments.
3 The figures of the previous period(s) / year have been regrouped / reclassified wherever necessary.

airman & Managing Director!

DIN: 00062794
 INDOKEM LIMITED
CIN NO.: L31300MH1964PLC013088
Registered Office: Khatau House, Plot No. 410, Mogul Lane, Mahim, Mumbai 400 016.
Tel No.: +91-22-61236767 /61236711 Email: iklsecretarial@gmail.com Website: www.indokem.co.in
CONSOLIDATED STATEMENT OF ASSET AND LIABILITIES AS AT SEPTEMBER 30, 2024
Rs. in lakhs
September 30, 2024 March 31, 2024
Particulars Unaudited Audited

ASSETS
Non-current Assets 6,518
6,450
Property, plant and equipment 4
5
Capital work-in-progress 71
71
Goodwill 3
3
Intangible assets
Financial assets 1
1
Investments 0
Loans* 55
51
Other financial assets 25
21
Income tax assets (net) 55
55
Other non-current assets 6,732
6,657
Total Non-current Assets
Current Assets 2,444
2,556
Inventories
Financial assets 3,033
3,400
Trade receivables 193
266
Cash and cash equivalents 51
52
Bank balance other than cash and cash equivalents
1 2
Loans 68
68
Other financial assets
Income tax assets (net) 244
208
Other current assets 6,035
6,551
Total Current Assets 12,767
13,208
Total Assets
EQUITY AND LIABILITIES
Equity 2,789 2,789
Equity share capital 3,079
2,926
Other equity (2)
(5)
Minority Interest 5,866
5,710
Total Equity_
LIABILITIES
Non-current Liabilities
Financial liabilities 1,279
1,356
Borrowings 269
256
Other financial liabilities 438
453
Provisions 2,065 1,986
Total Non-current Liabilities
Current Liabilities
Financial liabilities 960
924
Borrowings
Trade payables 126
93
(i) Total outstanding dues of Micro and Small Enterprises
3,272 3,020
(,.i) Total outstanding dues other than Micro and Small Enterprises
13 19
Other financial liabilities 307
236
Provisions 895 483
Other current liabilities 4,915
5,433
Total Current Liabilities 6,901
7,498
Total Liabilities 12,767
13,208
Total Equity and Liabilities
- I

Mahcndra K. Khatau
Chairrnan & Managing Director
DIN: 00062794
 INDOKEM LIMITED
CIN NO.: L31300MH1964PLC013088
Registered Office: Khatau House, Plot No. 410, Mogul Lane, Mahim, Mumbai 400 016.
Email: iklsecretarial@gmail.com Website: www.indokem.co.in
Tel No.: +91-22-61236767 /61236711
STATEMENT OF CONSOLIDATED CASH FLOWS FOR THE YEAR ENDED SEPTEMBER 30, 2024
Rs. in lakhs
Half year ended Half year ended Year ended
September 30, 2024 September 30, 2023 March 31, 2024
Particulars
Unaudited Unaudited Audited

A. CASH FLOW FROM OPERATING ACTMTIES

(141) (506) (619)
Profit/ (loss) before tax
Adjustments for: 251
109 125
Depreciation 308
140 153
Finance costs [I)
0 (1)
Interest income* 19
(5) 55
Allowances for credit losses 71
22 -
Bad debts w / off -
Adjustment on accoint of OCI - (5)
5 - -
Exchange Rate Difference (9)
- -
Provision no longer required (1)
- -
Profit on sale of current and non-current investments (net)*
(1) (2) (2)
Sundry balances off/ (written back) 7
0 26
Unrealised exchange rate difference (net)* 18
129 (155)
Operating profit before working capital changes
Changes in working capital: (366)
(113) (252)
(Increase)/ decrease in inventories (1)
(384) (124)
(Increase)/ decrease in trade receivables (2)
1 -
(Increase)/ decrease in loans and advances (1)
5 (9)
(Increase)/ decrease in other financial assets [I)
35 40
(Increase)/ decrease in other assets 599
217 353
Increase/ (decrease) in trade payables 16
(12) (5)
Increase/ (decrease) in other financial liabilities 134
412 159
Increase/ (decrease) in other liabilities 35
(72) 87
Increase/ (decrease) in Provision 425
218 94
Cash generated from operations (4)
4 [I)
Income taxes refunded/ (paid), net " 421
222 87
Net cash (used in)/ generated from operating activities
B. CASH FLOW FROM INVESTING ACTMTIES (150)
(42) (105)
Expenditure on property, plant and equipment and capital advances
- - 2
Sale of current investments* (10)
Redemption/ (investments in fixed deposits) - (0)
(0)
(12)
1 7
Interest received (151)
(42) (116)
Net cash (used in)/ generated from investing activities
C. CASH FLOW FROM FINANCING ACTMTIES 799
102 776
Proceeds from loans taken from banks and financial institutions [122)
(53) (640)
Repayment of loans taken from banks and financial instirutions 83
20 67
Unsecured loans taken from directors (152)
(34) (61)
Unsecured loans repaid to directors
15 -
Loan taken from company -
(10) -
Repayment of loans to company (318)
(147) (152)
Finance costs paid (10) (310)
(107)
Net cash (used in)/ generated from financing activities (40)
73 (39)
NET CASH (USED IN)/ GENERATED FROM CONTINUING OPERATION
73 (39) (40)
INCREASE/ (DECREASE) IN CASH AND CASH EQUIVALENTS 233 233
193
Cash and cash equivalents at the beginning of the year 193
266 194
Cash and cash equivalents at the end of the year
• Amount is below the rounding off norms adopted by the Company
Notes:
1. The above cash flow statement has been prepared under the "Indirect Method" set out in Indian Accounting Standard (Ind As- 7) on statement of Cash Flow as
notified under Companies (Accounts) Rule 2015. -
.( ~ j ,
o,"~

~J
For Ind m Limited

S\.\.\J 1' Slfi~ I£ Mt)~~ ~) 1\~

~,,
.O,l
Place : Mumbai
I oK
l§ v"D
~% :;~
: .· r )':\ ~, \\In
,!!f;J -~-/ * ,,j
Mahendra K- Khatau
Chairman & Managing Director
DIN: 00062794
Date: Novembe ·¥.v, ·..\~~"::- /
,-Jfn/');.M'V'./""'