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27-05-2025 | 02:37 pm

DOLFIN RUBBERS LTD.

21 D&fin 26-A, BRS Nagar, LUDHIANA-141012 (Punjab)

Tel: 491 0161-5031030, e-mail: info@dolfintyres.com, dolfintube@gmail.com,

TYRES & TUBES An ISO 9001 & ISO 14001 Certified Co.

To, Date: 27th May, 2025

The Secretary,

Listing Department BSE Limited

Phiroze Jeejeebhoy Towers,

Dalal Street, Mumbai - 400 001.

Scrip Code: 542013

Subject: Outcome of Board Meeting.

Dear Madam/Sir,

Pursuant to Regulation 30 and other applicable provisions of SEBI (Listing

Obligations and Disclosure Requirements) Regulations 2015, we would like to

inform you that the Board of Directors of the Company in its meeting held on 27t

May, 2025, at its registered office, have inter alia, transacted the following

business:

1. Considered and approved the Audited Financial Results for the fourth quarter and

financial year ended 31t March, 2025, along with the unmodified Auditor’s Report

received from M/S Goyal Sanjay & Associates, Statutory Auditors of the Company.

Encl. 1.Copy of Audited financial results for the fourth quarter and financial year

ended 31% March, 2025, along with the unmodified Auditor’s Report.

2.Declaration pursuant to Regulation 33(3)(d) of SEBI (LODR), 2015.

The Board Meeting commenced at 01.30 P.M. and Concluded at 2:30 P.M.

This is for your information and record. Kindly acknowledge the receipt and oblige.

Thanking you.

For Dolfin Rubbers Limited

Dilpreet Kaur

Company Secretary & Compliance Officer

Works : Village Gaunspur, HAMBRAN-141110, (Dist. LUDHIANA) Punjab.

Web: www.dolfintyres.com, CIN : L25112PB1995PLC017160, GSTIN : 03AAACD5798B3ZU

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DOLFIN RUBBERS LTD.

D&fi 26-A, BRS Nagar, LUDHIANA-141012 (Punjab)

n Tel: 491 0161-5031030, e-mail: info@dolfintyres.com, dolfintube@gmail.com,

TYRES & TUBES An ISO 9001 & ISO 14001 Certified Co.

(Rs. In Lakhs)

Statement of Audited Financial Result For rand Year en March 2025

PARTICULARS VEAR

QAURTER ENDED EnDED | YEAR ENDED

31032025 | 31.03.2024 | 31.12.2024 |31.03.2025 31.03.2024

Audited Audited Unaudited | Audited | Audited

1. Revenue from operations 3941.49 3460.90 3183.75| 14358.58) 12594.26 1.0ther income. 11.05| 2641 2151 4251 46.69)

. Total Income (F+11) 3952.54 3487.31 3205.26[14401.09 12640.95!

IV. Expenses:

(a) Cost of materials consumed 243849 2101.22 215327| 926531 7994 36| (b) Purchases of stock-in-trade 0.00) 0.00) 0.00) 000 0.00)

(<) Changes i inventories of finished goods, work-in-progress and stock- in-trade 9159) 35.13] (280.80) (218.16) (5.30)

(d) Employee benefits expense 506.72 407.72 50486 191122 1562.98 (e) Finance costs 29.09) 2299 2424 9465 105.68|

(f) Depreciation 24328 3991 4311 17255] 151.22]

(9) Other expenses 62598 67273 64439| 2458 16| 214964

Total Expenses 3735.16] 3279.69 3080.07| 13683.74] 11978.67

V.Profit before exceptional and extraordinary items and tax 217.37 20761 12519) 717.35 662.38 VIExceptional Items - Depreciation Written Back 0.00) 0.0 0.00) 0.00) 0.00)

VII.Profit before extraordinary items and tax 21737 20761 12519) 71735 662.38

VIIL. Profit before tax 217.37] 20761 12519) 717.35 662.38 IX. Tax expense:

(1) Current tax 5825 4307, 3234 18240 131.39] Less : MAT Credit 0.00) 0.00] 0,00 000 0.00)

(2) Deferred tax 5.12] 15.69) 22.09) 17.07 56.36) (3) Taxin respect of earler years 0.00) 0.00] (0.04) 5.40 (0.00)

X. Profit for the year from continuing operations 15401 148.85 7078 512.49| 47463)

XI. Other Comprehensive Income A (i) tems that will not be reclassified to profit and loss

(a) Remeasurement of defined employee benefit plans (2.05) 126 (2.39) (1.68) 832 (ii) Income tax expenses/(benefits) related to items that will not be

reciassified to profitor loss (0.57) 03| (088)| (047) 2.32| XIl. Total Other Comprehensive Income/(Loss) (1.48) 091 (a7 (121) 601

XIll. Total Comprehensive Income for the year 152.53] 149.77 69.07| 51127 480.64]

XIV. Paid up Equity Share Capital 1002.99 1002.99 100299| 100299 1002.99

face value Rs. 10 per share

XV. Other Equity XVI. Earning per equity share of Rs.10 each

(1) Basic 154 1.48] 071 5.11 473 (2) Diluted 154 1.48) o071 511 473

Chairman & Managing

DIN: 00942794

Place: Ludhiana Date: 27-05-2025

Works : Village Gaunspur, HAMBRAN-141110, (Dist. LUDHIANA) Punjab.

Web: www.dolfintyres.com, CIN : L25112PB1995PLC017160, GSTIN : 03AAACD5798B3ZU

----------------Page (1) Break----------------

Dfifln

TYRES & TUBES

DOLFIN RUBBERS LTD.

26-A, BRS Nagar, LUDHIANA-141012 (Punjab)

Tel: 491 0161-5031030, e-mail: info@dolfintyres.com, dolfintube@gmail.com,

An ISO 9001 & ISO 14001 Certified Co.

(Rs. In Lakhs)

AUDITED STATEMENT OF ASSETS AND LIABILITIES AS ON 31st MARCH 2025 AS AT AS AT]

PARTICULARS 31.03.2025 31.03.2024 A_ASSETS

(1) Non-current assets (a) Property, Plant and Equipments and Intangible Assets

() Property, Plant and Equipment 2617.49) 251387

(ii) Intangible Assets 0.00] 1.26 (i) Capital Work in Progress 27.24 000

Financial Assets (b) Long Term Loans and advances 110.46 1868

Total Non-Current Assets 2823.90 759316

(2) Current assets

(a) Inventories 254041 197854 Financial Assets

(b) Trade receivables 1762.43) 1537.33 (c) Cash and cash equivalents 2.20) 061

(d) Other Balances with Banks 8382 8211 (6) Short TermLoans and advances 12012 8284

(f) Current Tax Assets (Net) 0.00) 044

(g) Other current assets 10.82 7.78

Total Current Assets 4519.80) 3689.65|

TOTAL ASSETS 7343.70 628281

B. EQUITY AND LIABILITIES

(1) EQUITY

(2) Equity Share capital 1002.98) 1002.99) (b) Other Equity 233504 1824 67,

Total Equity 3338.93 2827.66

LIABILITIES (2) Non-current liabilities

Financial liabiliies

(a) Borrowings 131.47] 26284 (b) Deferred tax liabilities (net) 226.03) 208.97

Total non-current liabilities 1455.46 1425.05

(3) Current liabilities Financial Liabilties

(2) Borrowings 1657.86) 1201.55| (b) Trade payables

(A) Total Outstanding dues of micro enterprises and small 48.96| 57.80] enterprises and

(B) Total Outstanding dues of creditors other than Micro enterprises 26530 41067 and small enterprises

Provisions (a) Other current liabilities 514.98 32623

(b) Provisions 6220 3384

OTAL EQUITY AND L] 7343.70, 6282.81

LFIN RUBBE! o~

S7aNA

KAWALJIT SINGH|| O 3

Chairman & Mana 5%

DIN: 00842794 * <Q

Place: Ludhiana Date: 27-05-2025

Works : Village Gaunspur, HAMBRAN-141110, (Dist. LUDHIANA) Punjab.

Web: www.dolfintyres.com, CIN : L25112PB1995PLC017160, GSTIN : 03AAACD5798B3ZU

----------------Page (2) Break----------------

DOLFIN RUBBERS LTD.

D&fin 26-A, BRS Nagar, LUDHIANA-141012 (Punjab)

Tel: +910161-5031030, e-mail: info@dolfintyres.com, dolfintube@gmail.com,

TYRES & TUBES An 1SO 9001 & ISO 14001 Certified Co. ¢ (Rs. In Lakhs)

CASH FLOW STATEMENT FOR THE YEAR ENDED 31st March, 2025

AMOUNT AMOUNT

31.03.2026 31.03.2024

Audited Audited

Cash flows from Operating Activities

Net profit before taxation, and extraordinary i 717.35 662.38

Adjustments for -

Depreciation & Amortisation Fxp 172 55} 15122)

Finance Costs 9465 105.68|

Interest income (40.98) (46.69)

Provision for Employee Benefits (1.68) 8.32]

Operating profit before working capital changes. 941.90 880.91

Decrease/(Increase) i inventories (561.87) (334.85)

Decrease/(Increase) in trade receivable (225.10) (32.80)

Decrease/(Increase) in Short Term Loans & Advances (36.84) 136.13)

Decrease/(Increase) in other current asset (3.04) (5.84)

Increase/(Decrease) in current liabilties 519.21 37.39

(307.64) (199.97)

Cash generated from operations 634.26) 680.95

Income tax paid during Year (net) (187.33) _(13370)

Cash flow before extraordinary item 445 93 547.24

Net cash Inflow from Operating Activities 44693 547 24

Cash flows from Investing Activities

Additions in Property, Plant & Equipment & Intangible Asset (net of sales) (302.15) (430.12)

Interest Income 40.98| 4569

Decrease/(Increase) in Non Current Assets (9.36) 5.67|

Decrease/(Increase) in Loans & Advances (9178) 17.21

Net cash from Investing Activities (362.32) (360.56)

Cash flows from Financing Activities

Proceeds from iss. of share capital Incl. premium /share application 0.00) 0.00|

Proceeds from iong-term borrowings & Liabililies 13,341 4101

Dividend Paid 0.00 (120.36)

Finance Cost (94.65) (105.68)

Net cash used in Financing Activities (81.31) (184.92)

Net increase in cash and cash equivalents 3.30) 1.76)

Cash and cash equivalents at beginning of period 82.72) 80.96

Cash and cash equivalents at end of period 86.02 82.72)

Notes:

(a) Cash and cash equivalent include the following:

Cash on Hand 220 061

Balance with Banks (Including Fixed Deposits) 8382 8211

86.02 8272

(b) Figures in Bracket indicate outflow

(9) the above cash flow statements has been prepared by using indirect method as per Indian Accounting Standard

(Ind AS) 7 - Statement R

Chairman & Managin

DIN: 00842794

Place: Ludhiana

Date: 27-05-2025

Works : Village Gaunspur, HAMBRAN-141110, (Dist. LUDHIANA) Punjab.

Web: www.dolfintyres.com, CIN : L25112PB1995PLC017160, GSTIN : 03AAACD5798B3ZU

----------------Page (3) Break----------------

DOLFIN RUBBERS LTD.

D&'i 26-A, BRS Nagar, LUDHIANA-141012 (Punjab) n Tel: +91 0161-5031030, e-mail:

info@dolfintyres.com, dolfintube@gmail.com,

TYRES & TUBES An ISO 9001 & ISO 14001 Certified Co.

1 | The above audited results have been reviewed by the Audit Committee and taken on record at the meeting of the Board of Directors held on 27/0512025.

3 [These financial results of the company have been prepared in accordance with the Indian Accounting Standard (IND AS) as notified by Ministry of Corporate Affairs pursuant to Section 133 of the Companies Act, 2013 read with rule 3 of the Companies (Indian Accounting Standard ) rules 2015,

Companies (Indian Accounting Standard ) amendment rules 2016 and in term of regulation 33 of the SEBI ( Listing Obligation and Disclosure Requirements) Regulations, 2015 SEBI circular dated July 05, 2016 and other accounting principles generally accepted in India.

3 [The Statutory Auditors of the coompany have audited the financial results for the quarter and year ended on 31.03.2025 on which they have expressed an unmodified opinion.

4| in accordance with IND AS 108 on "Operating Segment ", the company operates in one business segment, hen

required to be fumished. gment informaticn is not

5 | The figures of the corresponding previous periods/ year have been regrouped/ reclassified, wherever necessary to conform to the current period's presentation.

\ 6 |The audited standalone financials results for the quarter and year ended on 31.03 2025 are aavailable on the website of the company at https./www.dolfintyseeeagay and website of BSE Limited.

DOLFIN RUBBE

KAWALJIT SINGH Chairman & Managi

DIN: 00842794

Piace: Ludniana Date: 27-05-2025

Works : Village Gaunspur, HAMBRAN-141110, (Dist. LUDHIANA) Punjab.

Web: www.dolfintyres.com, CIN : L25112PB1995PLC017160, GSTIN : 03AAACD5798B3ZU

----------------Page (4) Break----------------

. .o 86/2, Ist Floor, Govt. College Road, GOYUI Sanjay & Associates “\ Civil Lines,Ludhiana-141001

Chartered Accountants INDIA Ph. 8289014931 E-mail: gsa1990@gmail.com

GSTIN: 03AAAFG6668G1ZI

INDEPENDENT AUDITOR’S REPORT ON AUDITED FINANCIAL RESULTS OF DOLFIN

RUBBERS LIMITED FOR QUARTER ENDED AND YEAR ENDED 31°" MARCH 2025

PURSUANT TO THE REQUIREMENT OF REGULATION 33 OF THE SEBI (LISTING

OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015, AS AMENDED

TO THE BOARD OF DIRECTORS OF

DOLFIN RUBBERS LIMITED

Report on the audit of the Financial Results

Opinion

We have audited the accompanying quarterly financial results of DOLFIN RUBBERS

LIMITED (hereinafter referred to as “the company”) for the quarter ended 31.03.2025 and

the year to date results for the period from 01.04.2024 to 31.03.2025 attached herewith

(the “results”), which are included in the accompanying “statement of Audited Financial

Results for the Quarter and Twelve Months ended March 31, 2025’ (the statement), being

submitted by the company pursuant to the requirement of Regulation 33 of the SEBI

(Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing

Regulations”).

In our opinion and to the best of our information and according to the explanations given

to us these financial results:

i. are presented in accordance with the requirements of Regulation 33 of the Listing

Regulations in this regard; and

ii. give a true and fair view in conformity with the recognition and measurement

principles laid down in the applicable accounting standards prescribed under

Section 133 of the Companies Act, 2013 and other accounting principles generally

accepted in India of the net profit and other comprehensive income and other

financial information for the quarter ended 31.03.2025 as well as the year to date

results for the period from 01.04.2024 to 31.03.2025

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (SAs) specified

under section 143(10) of the Companies Act, 2013 (the Act) and other applicable

authoritative pronouncements issued by the Institute of Chartered Accountants of India.

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Our responsibilities under those Standards are further described in the Auditor’s

Responsibilities for the Audit of the Financial Results 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 under the provisions of the Companies Act,

2013 and the Rules thereunder, and we have fulfilled our other ethical responsibilities in

accordance with these requirements and the Code of Ethics. We believe that the audit

evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

In our opinion there are no reportable Key Matters for the financial statement of the

company.

Management’s Responsibilities for the Financial Results

These results have been prepared on the basis of the interim financial statements. The

Company’s Board of Directors are responsible for the preparation of these financial results

that give a true and fair view of the net profit and other comprehensive income and other

financial information, in accordance with the recognition and measurement principles laid

down in Indian Accounting Standard (Ind AS) 34, ‘Interim Financial Reporting’ prescribed

under Section 133 of the Act read with relevant rules 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 maintenance

of adequate internal financial controls that were operating effectively for ensuring the

accuracy and completeness of the accounting records, relevant to the preparation and

presentation of the financial results that give a true and fair view and are free from

material misstatement, whether due to fraud or error.

In preparing the financial results, 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 or to cease operations, or has no

realistic alternative but to do so.

The Board of Directors are also responsible for overseeing the Company’s financial

reporting process.

Auditor’s Responsibilities for the Audit of the Financial Results

Our objectives are to obtain reasonable assurance about whether the financial results as a

whole are free from material misstatement, whether due to fraud or error, and to issue an

auditor’s report that includes our opinion. Reasonable assurance is a high level of

assurance, but is not a guarantee that an audit conducted in accordance with SAs will

----------------Page (6) Break----------------

always detect a material misstatement when 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

these financial results.

As part of an audit in accordance with SAs, we exercise professional judgment and

maintain professional skepticism throughout the audit. We also:

¢ Identify and assess the risks of material misstatement of the financial results,

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. The risk of not detecting a material misstatement resulting

from fraud is higher than for one resulting from error, as fraud may involve

collusion, forgery, intentional omissions, misrepresentations, or the override of

internal control.

¢ Obtain an understanding of internal control relevant to the audit in order to design

audit procedures that are appropriate in the circumstances, but not for the purpose

of expressing an opinion on the effectiveness of the company’s internal control.

* Evaluate the appropriateness of accounting policies used and the reasonableness of

accounting estimates and related disclosures made by the Board of Directors.

e Conclude on the appropriateness of the Board of Directors’ use of the going

concern basis of accounting and, based on the audit evidence obtained, whether a

material uncertainty exists related to events or conditions that may cast significant

doubt on the Company’s ability to continue as a going concern. If we conclude that

a material uncertainty exists, we are required to draw attention in our auditor’s

report to the related disclosures in the financial results or, if such disclosures are

inadequate, to modify our opinion. Our conclusions are based on the audit

evidence obtained up to the date of our auditor’s report. However, future events or

conditions may cause the Company to cease to continue as a going concern.

e Evaluate the overall presentation, structure and content of the financial results,

including the disclosures, and whether the financial results represent the

underlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters,

the planned scope and timing of the audit and significant audit findings, including any

significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with 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 on our

independence, and where applicable, related safeguards.

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Other Matter

The Statement includes the results for the quarter ended March 31, 2025, being the

balancing figure between the audited figures in respect of the full financial year ended

March 31, 2025, and the published unaudited year-to-date figures up to the third quarter

of the current financial year, which were subjected to a limited review, as required under

the Listing Regulations. Our report on the Statement is not modified in respect of this

matter.

For Goyal Sanjay & Associates

(Chartered Accountants)

FRN 010083N

Davinder Goyal)

Partner

M.N.91278

Place: Ludhiana

Dated: 27-05-2025

UDIN: 25091278BMGZGK8254

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DOLFIN RUBBERS LTD.

D&'in 26-A, BRS Nagar, LUDHIANA-141012 (Punjab)

Tel: +910161-5031030, e-mail: info@dolfintyres.com, dolfintube@gmail.com,

dras TYRES & TUBES An ISO 9001 & ISO 14001 Certified Co.

To, Date: 27" May, 2025

The Secretary,

Listing Department BSE Limited

Phiroze Jeejeebhoy Towers,

Dalal Street, Mumbai - 400 001.

Scrip Code: 542013

DECLARATION PURSUANT TO REGULATION 33(3)(d) OF SEBI (LISTING

OBLIGATIONS AND DISCLOSURES REQUIREMENTS) (AMENDMENT) REGULATIONS,

2016 .

In terms of Regulation 33 (3) (d) of SEBI (Listing Obligations and Disclosure Requirements)

Regulation 2015, and its amendment SEBI (Listing Obligations and Disclosure Requirements)

(Amendment) Regulations, 2016, vide notification no. SEBI/LAD-NRO/GN/2016-17/001 1, Kawaljit

Singh, Chairman and Managing Director of Dolfin Rubbers Limited, the Company having registered

office at 26-A, Bhai Randhir Singh Nagar. Ludhiana-141012. do hereby declare and confirm that the

Statutory Auditors of the Company, M/s Goyal Sanjay & Associates Chartered Accountants (FRN

010083N) have issued Audit Reports with unmodified opinion on the Annual Audited Standalone

Financial Statement for the fourth quarter and financial year ended 31* March. 2025.

Kindly take the above in your records.

DIN: 00942794

Piace: Ludhiana

Date: 27/05/2025

Works : Village Gaunspur, HAMBRAN-141110, (Dist. LUDHIANA) Punjab.

Web: www.dolfintyres.com, CIN : L25112PB1995PLC017160, GSTIN : 03AAACD5798B3ZU

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