Vamshi Rubber Ltd — Results, 30-05-2025: Result

0 VAMSHI SO 9001:2008 COMPANY

CIN: L25100TG1993PLC0O16634

Date: 30th May, 2025

To

The Listing Compliance Department,

BSE Limited,

Phiroze Jeejeebhoy Towers,

Dalal Street,

Mumbai- 400001

Sub: Outcome of Board Meeting

Ref: Company Scrip Code: 530369

Dear Sir/Ma’am,

Sub: Financial Results for the year ended 31st March 2025 — Regulation 33(3) (a)

of SEBI (LODR) Regulations, 2015.

Ref: Company Scrip Code — 530369

With reference to the subject cited, it is hereby informed that the Board of Directors of

the Company at their meeting held on Friday, 30th May 2025 at 11:30 A.M,, inter alia,

considered and approved the Audited financial results for the quarter and year ended

31st March 2025.

A copy of financial results for the quarter and year ended 31st March 2025, along with

copy of statement of Assets and Liabilities, Cash Flow Statement and Audit Report are

attached.

The meeting commenced at 11:30 A.M and concluded at 01:45 P.M.

Kindly take the same on record and acknowledge receipt.

Thanking You,

for Vamshi Rubber Limited

L)

Akash Bhagadia

Company Secretary & Compliance Officer

Membership No. ACS 50559

VAMSHI RUBBER LIMITED

Plot No. 41, Jayabheri Enclave, Gachibowli, Hyderabad-500032, INDIA

Tel: +91 40 29802533/534 Fax: +91 40 29802535, Email: info@vamshirubber.org, URL: www.vamshirubber.org

----------------Page (0) Break----------------

O VAMSHI S0 9001:2008 COMPANY

CIN: L25100TG1993PLC0O16634

Date: 30.05.2025

To

The General Manager,

Listing Department,

BSE LIMITED

Dept. of Corporate Services

Phiroze Jeejeebhoy Towers,

Dalal Street,

Mumbai — 400001

Dear Sirs/Madam,

Subject: Declaration pursuant to Regulation 33 (2) (a) of the Securities & Exchange

Board of India (Listing Obligations and Disclosure Requirements) Regulations,

2015.

Ref: Company Scrip Code: 530369

DECLARATION

I, Ramesh Reddy Mereddy, Wholetime Director and Chief Financial Officer of Vamshi Rubber

Limited (CIN: L25100TG1993PLC016634) having its Registered office at 'VAMSHI

HOUSE,, Plot No. 41, Jayabheri Enclave, Gachibowli, Hyderabad, Hyderabad, Telangana,

India, 500032 hereby declare that, the Statutory Auditors of the Company, M/s. Samudrala K

& Co. LLP, Chartered Accountants (FRN: S200142), have issued an Audit Report with an

unmodified opinion on the audited Financial Results for the Quarter and year ended

31% March, 2025.

This Declaration is given in compliance to Regulation 33(2)(a) of the SEBI (Listing

Obligations and Disclosure Requirements) Regulations, 2015 as amended by the SEBI (Listing

Obligations and Disclosure Requirements) (Amendment) Regulation, 2016 vide notification

No. SEBILADNRO/ GN/2016-17/001 dated May 25, 2016 and Circular no.

CIR/CFD/CMD/56/2016 dated May 27, 2016.

Kindly take this declaration on your records.

for Vamshi Rubber Limited

tanst

RAMESH REDDY MEREDDY

‘Whole-Time Director & Chief Financial Officer

DIN: 00025101

VAMSHI RUBBER LIMITED

Plot No. 41, Jayabheri Enclave, Gachibowli, Hyderabad-500032, INDIA

Tel: +91 40 29802533/534 Fax: +91 40 29802535, Email: info@vamshirubber.org, URL: www.vamshirubber.org

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

7 VAMSHI

180 9001:2015 COMPANY

CIN: L25100TG1993PLC016634

Date: 30.05.2025

To

The Board of Directors

Vamshi Rubber Limited

Dear All,

Sub: Certificate under 33(2) (a) of SEBI (LODR), 2015

This is to certify that the Audited financial results for the quarter and Year ended 31st March, 2025,

as placed before the Board, do not contain any false or misleading statement or figures and do not

omit any material fact which may make the statements or figures contained therein misleading.

Thanking you,

for Vamshi Rubber Limited

CEO V

CFO ,‘”/“”f‘fi‘

VAMSHI RUBBER LIMITED

Plot No. 41, Jayabheri Enclave, Gachibowli, Hyderabad-500032, INDIA

Tel: +91 40 29802533/534 Fax: +91 40 29802535, Email: info@vamshirubber.org, URL: www.vamshirubber.org

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

Samudrala K &Co. LLP

Chartered Accountants

INDEPENDENT AUDITOR’S REPORT

To

The Members of

VAMSHI RUBBER LIMITED

Report on the Audit of IND AS Financial Statements

We have audited the accompanying Ind AS financial statements of Vamshi Rubber Limited (‘the Company”),

which comprise the Balance Sheet as at 31s! March, 2025, the Statement of Profit and Loss (including Other

Comprehensive Income), the Statement of Cash Flows and the Statement of Changes in Equity for the year

then ended, and a summary of the significant accounting policies and other explanatory information.

In our opinion and to the best of our information and according to the explanations given to us, the aforesaid i

Ind AS financial statements give the information required by the Companies Act, 2013 (‘the Act’} in the manner

50 required and give a true and fair view in conformity with the Indian Accounting Standards prescribed under |

section 133 of the Act read with the Companies (Indian Accounting Standards) Rules, 2015, as amended, (‘Ind |

AS") and other accounting principles generally accepted in India, of the state of affairs of the Company as at \l

March 31, 2025, the profit and total comprehensive income, changes in equity and its cash flows for the year

ended on that date

Basis for Opinion

We conducted our audit of the Ind AS financial statements in accordance with the Standards on Auditing (SAs)

specified under section 143(10) of the Companies Act, 2013. Our responsibilities under those Standards are !

further described in the Auditor’s Responsibilities for the Audit of the Ind AS Financial Statements 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 (ICAI) together with the ethical requirements that are relevant to our audit of

the Ind AS financial statements 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 ICAl's

Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a

basis for our audit opinion on the Ind AS financial statements.

Key Audit Matters ;

Key Audit matters are those matters that in our professional judgment, were of most significance in our audit of

the financial statements of the current period. These matters were addressed in the context of our audit of the

financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion

on these matters. We have determined that that there are no key audit matters to communicate in our report.

Information other than the Financial Statements and the Auditor’s Report thereon

The Company’s Board of Directors is responsible for the other information. The other information comprises

the information included in the Management Discussion and Analysis, Board's Report including Annexures to r

Board's Report including Annexures to Board's Report, Business Responsibility Report and Shareholder's

Information, but does not include the Financial Statements and our auditor’s report thereon. - RN

Our opinion on the financial statements does not cover the other information and we will not (préss any forpr’

of assurance conclusion thereon. 5 NS, % FRNNSYSZY

Q. HYDEiv.

\ L\i"‘/r,\ o

(A limited liability partnership with LLP Identification No, AAN-9605) with effect from 10™ June, 2014 )

Reg office address: 2C-407, Divya Shakti apartments, Dharamkaram Road, Ameer pet, Hyderabad-500016, Telangana, lndm.(_)mcc

Location: 1* Floor, Divyashakti Complex, 1-102, 7-1-58, Dharam Karan Rd, Amecrpet, Hyderabad, Telangana 500016, India. Cell: +91 98668 58159, 8466071819, Email: info.sree2018@gmail.com

Branches:Waranga),Karimnagar,Vijayawada and Lucknow.

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

In connection with our audit of the financial statements, our responsibility is to read the other information

identified above when it becomes available and, in doing so, consider whether the other information is

materially inconsistent with the financial statements or our knowledge obtained during the course of our audit

or otherwise appears to be materially misstated.

If, based on the work we have performed, we conclude that there is a material misstatement of this other

information, we are required to report that fact. We have nothing to report in this regard.

Management's Responsibility for the Separate Ind AS Financial Statements

The Company's Board of Directors is responsible for the matters stated in Section 134(5) of the Companies

Act, 2013 (“the Act”) with respect to the preparation of these Ind AS financial statements that give a true and

fair view of the state of affairs (financial position), profit or loss (financial performance including other

comprehensive income), cash flows and changes in equity of the Company in accordance with the Ind AS and

other accounting principles generally accepted in India. This responsibility also includes maintenance of

adequate accounting records in accordance with the provisions of the Act for safeguarding 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 Ind AS financial statements that give a true and fair view and are free from material

misstatement, whether due to fraud or error.

In preparing the ind AS financial statements, management is 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 management 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 Ind AS Financial Statements

Our objectives are to obtain reasonable assurance about whether the Ind AS financial statements 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 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 Ind AS

financial statements.

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 Ind AS financial statements, 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, mistepresentations, or the override of internal control.

o

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

« Obtain an understanding of internal control relevant to the audit in order to design audit procedures that

are appropriate in the circumstances. Under section 143(3)(i) of the Companies Act, 2013, we are also

responsible for expressing our opinion on whether the company has adequate internal financial controls

system in place and the operating effectiveness of such controls.

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

estimates and related disclosures made by management.

« Conclude on the appropriateness of management's 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 Ind AS financial statements 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 concem.

e Evaluate the overall presentation, structure and content of the Ind AS financial statements, including the

disclosures, and whether the Ind AS financial statements represent the underlying transactions and

events in a manner that achieves fair presentation.

Materiality is the magnitude of misstatements in the financial statements that individually or in aggregate,

makes it probable that the economic decisions of a reasonably knowledgeable user of the financial statements

may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our

audit work and in evaluating the results of our work; and (i) to evaluate the effect of any identified

misstatements in the financial statements

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.

From the matters communicated with those charged with governance, we determine those matters that were

of most significance in the audit of the Ind AS financial statements of the current period and are therefore the

key audit matters. We describe these matters in our auditor's report if any unless law or regulation precludes

public disclosure about the matter or when, in extremely rare circumstances, we determine that a matter

should not be communicated in our report because the adverse consequence of doing so would reasonably be

expected to outweigh the public interest benefits of such communication.

Report on Other Legal and Regulatory Requirements

1. As required by the Companies (Auditor's Report) Order, 2020 (‘the Order’) issued by the Central

Government in terms of Section 143(11) of the Act, we give in “Annexure A” a statement on the matters

specified in paragraphs 3 and 4 of the Order.

----------------Page (5) Break----------------

2. As required by Section 143(3) of the Act, we report that:

a)

b)

We have sought and obtained all the information and explanations which to the best of our knowledge

and belief were necessary for the purposes of our audit.

In our opinion, proper books of account as required by law have been kept by the Company so far as

it appears from our examination of those books.

The Balance Sheet, the Statement of Profit and Loss including Other Comprehensive Incomg,

Statement of Changes in Equity and the Statement of Cash Flow dealt with by this Report are in

agreement with the relevant books of account.

In our opinion, the aforesaid financial statements comply with the Indian Accounting Standards

prescribed under section 133 of the Act.

On the basis of the written representations received from the directors as on 31st March, 2025 taken

on record by the Board of Directors, none of the directors is disqualified as on 31st March, 2025 from

being appointed as a director in terms of Section 164(2) of the Act.

With respect to the adequacy of the internal financial controls over financial reporting of the Company

and the operating effectiveness of such controls, refer to our Report in “Annexure B". Our report

expresses an unmodified opinion on the adequacy and operating effectiveness of the Company’s

internal financial controls over financial reporting.

With respect to the matter to be included in the Auditor's Report under Section 197(16) of the Act, as

amended:

In our opinion and according to the information and explanations given to us, the remuneration paid by

the Company to its directors during the current year is in accordance with the provisions of Section

197 of the Act.

With respect to the other matters to be included in the Auditor's Report in accordance with Rule 11 of

the Companies (Audit and Auditors) Rules, 2014, in our opinion and to the best of our information and

according to the explanations given to us:

i. The Company does not have any pending litigations which would impact its financial position.

ii. The Company did not have any long-term contracts including derivative contracts for which there

were any material foreseeable losses.

iii. There were no amounts required to be transferred, to the Investor Education and Protection Fund

by the Company

iv. (a) The management has represented that, to the best of its knowledge and belief, no funds have

been advanced or loaned or invested (either from borrowed funds or share premium or any

other sources or kind of funds) by the Company to or in any other persons or entities,

including foreign entities (*Intermediaries") with the understanding, whether recorded in writing

or otherwise, that the Intermediary shall:

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

= directly or indirectly lend or Invest in other persons or entities Identified in any

manner whatsoever (“Ullimate Beneficiaries’) by or on behalf of the Company or

= provide any guaraniee, security or the like to or on behalf of the Ultimate

Beneficiaries.

(b) The management has represented, (hat, to the best of its knowledge and belief, no funds have

been received by the Company from any persons or entities, including foreign entities

(‘Funding Parties"), with the understanding, whether recorded in writing or otherwise, that the

Company shall:

= directly or indirectly, lend or invest in other persons or entities identified in any manner

whatsoever (“Ultimate Beneficiaries") by or on behalf of the Funding Party or

= provide any guarantee, security or the like from or on behalf of the Ultimate

Beneficiaries; and

(c) Based on such audit procedures as considered reasonable and appropriate in the

circumstances, nothing has come to our notice that has caused us to believe that the

representations under (a) and (b) above contain any material mis-statement.

i The Company has not declared any dividend during the yearBased on our examination,

which included test checks, the Company has used accounting software for maintaining

its books of account for the financial year ended March 31, 2025 which has a feature of

recording audit trail (edit log) facility and the same has operated throughout the year for

all relevant transactions recorded in the software. Further, during the course of our audit

we did not come across any instance of the audit trail feature being tampered with

As proviso to Rule 3(1) of the Companies (Accounts) Rules, 2014 is applicable from April

1, 2023, reporting under Rule 11(g) of the Companies (Audit and Auditors) Rules, 2014

on preservation of audit trail as per the statutory requirements for record retention is not

applicable for the financial year ended March 31, 2025.

for SAMUDRALA K & CO. LLP

CHARTERED ACCOUNTANTS

Firm Regn. No. $200142

Place: Hyderabad

Date : 30.05.2025 Yon VA

(CA KARUNASREE

SAMUDRALA)

PARTNER

Membership No.220150

UDIN: 2-5 220150 BMKYTX5863

----------------Page (7) Break----------------

Samudrala K &Co. LLP

Chartered Accountants

(i)

(i)

ANNEXURE - A TO THE INDEPENDENT AUDITOR’S REPORT

(Referred to in paragraph 1 of Report on Other Legal and Regulatory

Requirements, of our report of even date)

(a) The company has maintained proper records showing full particulars including quantitative details

and situation of property, plant & equipment and intangible assets.

(b) The Property, Plant and Equipment of the company have been physically ven'fied‘b‘y the

management during the year as per a programme of verification, which in our opinion is

reasonable having regard to the size of the company and the nature of its Property, Plant and

Equipment. According to the information and explanation given to us, no material discrepancies

were noticed on such verification.

(¢) According to the information and explanations given to us and on the basis of our examination of

the records of the Company, the title deeds of immovable properties (other than immovable

properties where are company is the lessee and the lease agreements are duly executed in

favour of the lessee) are held in the name of the Company.

(d) According to the information and explanations given to us and on the basis of our examination of

the records of the Company, the Company has not revalued its property, plant and equipment

(including Right-of-use assets) or Intangible assets or both during the year

(e) According to the information and explanations given to us and on the basis of our examination of

the records of the Company, the Company has not hold any benami property and accordingly

there are no proceedings initiated or pending against the Company for holding any benami

property under the Prohibition of Benami Property Transactions Act, 1988 and rules made

thereunder

(a) Physical verification of inventory has been conducted at reasonable intervals by the management.

In our opinion, the frequency of such verification is reasonable and procedures and coverage as

followed by management were appropriate. No discrepancies were noticed on verification

between the physical stocks and the book records that were 10% or more in the aggregate for

each class of inventory.

(b) According to the information and explanations given to us and on the basis of our examination of

the records of the Company, the Company has been sanctioned working capital limits in excess

of five crore rupees, in aggregate, from banks on the basis of security of current assets. In our

opinion, the quarterly retums or statements filed by the Company with such banks are in

agreement with the books of account of the Company and we have not found any material

deviation.

According to the information and explanations given to us and on the basis of our examination of the

records of the Company, the company has not made any investments, provided guarantee or security

or granted any loans or advances in the nature of loans, secured or unsecured, to companies, firms,

limited liability partnerships or any other parties during the year and hence reporting under clause

3(iii)(a) is not applicable.

e According to the information and

explanations given to us and on the basis of our exgthination h

records of the Company, the company has not given any loans, investments, guaran és arft gegt

during the year as per the provisions of sections 185 and 186 of the Companies Act, 2033

(A limited liability pantnership with LLP Identification No. AAN-9605) with effect from 10® June, 2014

Reg office address: 2C-407, Divya Shakti apartments, Dharamkaram Road, Ameer pet, Hyderabad-500016, Telangana, India.Office

Location: 1% Floor, Divyashakti Complex, 1-102, 7-1-58, Dharam Karan Rd, Ameerpet, Hyderabad, Telangana 500016,India.

Cell: +91 98668 58159, 8466071819, Email: info.sree2018@gmail.com

Branches:Waranga), Karimnagar, Vijayawada and Lucknow.

----------------Page (8) Break----------------

(vi)

(i)

(viii)

(ix}

According to the information and explanations given to us and on the basis of our examination of the

records of the Company, the company has not accepted any deposits or amounts which are deemed

to be deposits. Hence, reporting under clause (v) of the Order is not applicable.

The Maintenance of cost records has been specified by the Central Government under sub section (1)

of section 148 of the Companies Act. We have broadly reviewed the records maintained by the

Company during the year and are of the opinion that prima facie, the cost records prescribed by the

Central Government have been maintained. However, we have not made a detailed examination of

the same.

(a) The company is regular in depositing with appropriate authorities undisputed statutory dues

including provident fund, employees’ state insurance, income tax, Goods and Services Tax (GST),

custom duty, cess and other material statutory dues as applicable to it.

According to the information and explanations given to us, no undisputed amounts payable in

respect of income tax, Goods and Services Tax (GST), customs duty, cess and other material

statutory dues wherever applicable were in arrears as at 315t March, 2025 for a period of more

than six months from the date they became payable.

(b) According to the information and explanations given to us, there are no dues of income tax,

Goods and Services Tax (GST), customs duty, cess or other statutory dues which have not been

deposited on account of any dispute.

There were no transactions relating to previously unrecorded income that have been surrendered or

disclosed as income during the year in the tax assessments under the Income Tax Act, 1961.

(a) The company has not defaulted in repayment of loans or borrowings or in the payment of interest

to any lender.

(b) According to the information and explanations given to us and on the basis of our examination of

the records of the Company, the Company has not been declared a willful defaulter by any bank or

financial institution or government or government authority.

(c) According to the information and on the basis of our examination of the records of the Company,

the term loan taken by the Company has utilized for the purpose for which the loan was obtained.

(d) According to the information and explanations given to us and on an overall examination of the

balance sheet of the Company, we report that funds raised on short-term basis have not been

utilized for long term purposes.

(e) The Company does not hold any investment in any subsidiaries, associates or joint ventures (as

defined under the Act) during the year ended 31 March 2025. Accordingly, clause 3(ix)(e) is not

applicable.

(f) According to the information and explanations given to us and procedures performed by us, we

report that the Company has not raised loans during the year on the pledge of securities held in its

subsidiaries as defined under the Companies Act, 2013. Accordingly, clause 3(iX)(f) of the Order is

not applicable. A

----------------Page (9) Break----------------

AT [ES——

(a) The company did not raise any money by way of initiaf public offer or further public offer (including X, . 7 .

¥ debt instruments) during the year. Accordingly, paragraph 3 (ix) of the Order is not applicable.

(b) According to the information and explanations given to us and on the basis of our examination of

the records of the Company, the Company has not made any preferential a”otmept or private

placement of shares or fully or partly convertible debentures during the year. Accordingly, clause

3(x)(b) of the Order is not applicable

(xi) (a) Based on examination of the books and records of the Company and according to the information

and explanations given to us, considering the principles of materiality outiined in Standards on

Auditing, we report that no fraud by the Company or on the Company has been noticed or

reported during the course of the audit.

(b) Since no fraud has been noticed, there is no requirement to report under sub-section (12) of

Section 143 of the Companies Act, 2013 in Form ADT-4 as prescribed under Rule 13 of

Companies (Audit and Auditors) Rules, 2014 with the Central Government.

(c) As represented to us by the management, there are no whistle blower complaints received by the

Company during the year.

(xii) In our opinion and according to the information and explanations given to us, the company is not a

nidhi company. Accordingly, clause 3 (xii) is not applicable.

(xiii) According to the information and explanations given to us and based on our examination of the

records of the company, transactions with related parties are in compliance with sections 177 and 188

of the Companies Act and details of such transactions have been disclosed in the financial statements

as required by the applicable accounting standards.

(xiv) (a) Based on information and explanations provided to us and our audit procedures, in our opinion, the

Company has an internal audit system commensurate with the size and nature of its business.

(b) We have considered the internal audit reports of the Company issued till date for the period under

audit

(xv) In our opinion and according to the information and explanations given to us, the Company has not

entered into any non-cash transactions with its directors or persons connected to its directors and

hence, provisions of Section 192 of the Companies Act, 2013 are not applicable to the Company.

(xvi) (a) The Company is not required to be registered under Section 45-IA of the Reserve Bank of India

Act, 1934. Accordingly, cfause 3(xvi)(a) of the Order is not applicable.

(b) The Company is not required to be registered under Section 45-1A of the Reserve Bank of India

Act, 1934. Accordingly, clause 3(xvi)(b) of the Order is not applicable

(c) The Company is not a Core Investment Company (CIC) as defined in the regulations made by the

Reserve Bank of India. Accordingly, clause 3(xvi)(c) of the Order is not applicable.

(d) According to the information and explanations provided to us during the course of audit, the Group

does not have any CIC. Accordingly, the requirements of clause 3(xvi)(d) are not applicable.

(xvii) The Company has not incurred any cash losses in the current year and also in the immediately

preceding financial year. SAKR

2N ©

5 FRNNoS200142 &

Q HYDERABAD é’,/ &/, B &

----------------Page (10) Break----------------

(xviii) ~ There has been no resighation of the statutory auditors during

the year. Accordingly, clause 3(xviii) of

the Order is hot applicable

(xix) According to the information and explanations given to us and

on the basis of the financial ratios,

ageing and expected dates of realization of financial assets and payment of

financial liabilities, other

information accompanying the financial statements, our knowledge of the Board

of Directors and

management plans and based on our examination of the evidence supporting

the assumptions,

h causes us to believe that any material uncertainty exists as nothing has come to our attention, whic

on the date of the audit report that the Company is not capable of meeting its

liabilities existing at the

date of balance sheet as and when they fall due within a period of one year from

the balance sheet

date. We, however, state that this is not an assurance as to the future

viability of the Company. We

to the date of the audit report and we neither further state that our reporting is based on the facts up

falling due within a period of one year from the give any guarantee nor any assurance that all liabilities

balance sheet date, will get discharged by the Company as and when they

fall due.

The provisions of Corporate Social Responsibility (CSR)

applicable to the Company. Accordingly, clauses 3(xx)(@) and 3(xx

(xxi) The company has not made investments in subsidiary company.

Tl

require to prepare consolidated financial statement. Therefore,

the provisions of Clau

paragraph 3 of the order are not applicable to the Company.

as referred u/s 135 of the Act are not

)(b) of the Order are not applicable.

herefore, the company does not

se (xxi) of

for SAMUDRALAK & CO. LLP

CHARTERED ACCOUNTANTS

Firm Regn. No. $200142

wv\,\p\/&v&‘/

(CA KARUNASREE

SAMUDRALA)

PARTNER

Membership No.220150

520150BMKVI X5 €63

Place: Hyderabad

Date : 30.05.2025

UDIN: 25

----------------Page (11) Break----------------

(xviiiy There has been no resignation of the statutory auditors during the year. Accordingly, clause 3(xviii) of

the Order is not applicable.

(xix) According to the information and explanations given to us and on the basis‘ of the financial ratios,

ageing and expected dates of realization of financial assets and payment of financial liabilities, other

information accompanying the financial statements, our knowledge of the Board of Directors and

management plans and based on our examination of the evidence supporting the assumptions,

nothing has come to our attention, which causes us to believe that any material uncertainty exists as

on the date of the audit report that the Company is not capable of meeting its liabilities existing at the

date of balance sheet as and when they fall due within a period of one year from the balance sheet

date. We, however, state that this is not an assurance as to the future viability of the Company. We

further state that our reporting is based on the facts up to the date of the audit report and we neither

give any guarantee nor any assurance that all liabilities falling due within a period of one year from the

balance sheet date, will get discharged by the Company as and when they fall due.

(xx} The provisions of Corporate Social Responsibility (CSR) as referred u/s 135 of the Act are not

applicable to the Company. Accordingly, clauses 3(xx)(a) and 3(xx)(b) of the Order are not applicable.

(xxi) ~ The company has not made investments in subsidiary company. Therefore, the company does not

require to prepare consolidated financial statement. Therefore, the provisions of Clause (xxi) of

paragraph 3 of the order are not applicable to the Company.

for SAMUDRALAK & CO. LLP

CHARTERED ACCOUNTANTS

Firm Regn. No. $200142

Place: Hyderabad

Date : 30.05.2025 o A~ YA

(CA KARUNASREE

SAMUDRALA)

PARTNER

Membership No.220150

UDIN: 25 220150RMK VT X5 €63

----------------Page (12) Break----------------

_w

Samudrala K &Co. LLP

Chartered Accountants

ANNEXURE - B TO THE INDEPENDENT AUDITOR’S REPORT

Report on the Internal Financial Controls under Clause (i} of Sub-section 3 of Section 143 of the

Companies Act, 2013 (“the Act”)

We have audited the internal financial controls over financial reporting of VAMSHI RUBBER LIMITED (‘the

Company’) as of 315t March 2025 in conjunction with our audit of the Ind AS financial statements of the

Company for the year ended on that date.

Management's Responsibility for Internal Financial Controls

The Company's management is responsible for establishing and maintaining intenal financial controls based

on the internal control over financial reporting criteria established by the Company considering the essential

components of internal control stated in the Guidance Note on Audit of Intemal Financial Controls over

Financial Reporting issued by the Institute of Chartered Accountants of India (‘ICAI'). These responsibilities

include the design, implementation and maintenance of adequate internal financial controls that were

operating effectively for ensuring the orderly and efficient conduct of its business, including adherence to

company's policies, the safeguarding of its assets, the prevention and detection of frauds and errors, the

accuracy and completeness of the accounting records, and the timely preparation of reliable financial

information, as required under the Companies Act, 2013.

Auditors’ Responsibility

Our responsibility is to express an opinion on the Company's internal financial controls over financial reporting

based on our audit. We conducted our audit in accordance with the Guidance Note on Audit of Intemal

Financial Controls over Financial Reporting (the “Guidance Note”) and the Standards on Auditing, prescribed

under section 143(10) of the Companies Act, 2013, to the extent applicable to an audit of internal financial

controls. Those Standards and the Guidance Note require that we comply with ethical requirements and plan

and perform the audit to obtain reasonable assurance about whether adequate intemal financial controls over

financial reporting was established and maintained and if such controls operated effectively in all material

respects.

Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial

controls system over financial reporting and their operating effectiveness. Our audit of internal financial

controls over financial reporting included obtaining an understanding of internal financial controls over financial

reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and

operating effectiveness of internal control based on the assessed risk. The procedures selected depend on the

auditor's judgment, including the assessment of the risks of material misstatement of the Ind AS financial

statements, whether due to fraud or error.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our

audit opinion on the Company’s internal financial controls system over financial reporting.

gty

& HYDERAGAD L \\ /

(A limited liubility purtnership with LLP Identification No. AAN-9605) with ¢flect from lu‘f‘luuc. 2014 1

Reg office address: 2C-407, Divya Shakti apartiments, Dharamkaram Road, Ameer pet, II)-\(vmhcid-SUOQ!h. Telanguna, India. Office

Location: 1* Floor, Divyashaksi Complex, 1-102, 7-1-58, Dharam Karan Rd, Ameerpet, Hyderbad, Telangana S00016, India.

Cell: 191 98668 58159, 8466071819, Email: info.sree201 8@ gmail.com

Branches: Warmngal, Karimnagar, Vijayawada and Lucknow.

----------------Page (13) Break----------------

Meaning of Internal Financial Controls over Financial Reporting

A company's internal financial control over financial reporting is a process designed to-provide reasonable

assurance regarding the reliability of financial reporting and the preparation of Ind AS financial statements for

external purposes in accordance with generally accepted accounting principles. A company's internal financial

control over financial reporting includes thase policies and procedures that (1) pertain to the maintenance of

records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of

the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit

preparation of Ind AS financial statements in accordance with generally accepted accounting principles, and

that receipts and expenditures of the company are being made only in accordance with authorisations of

management and directors of the company; and (3) provide reasonable assurance regarding prevention or

timely detection of unauthorised acquisition, use, or disposition of the company's assets that could have a

material effect on the Ind AS financial statements.

Inherent Limitations of Internal Financial Controls Over Financial Reporting

Because of the inherent limitations of internal financial controls over financial reporting, including the possibility

of collusion or improper management override of controls, material misstatements due to error or fraud may

occur and not be detected. Also, projections of any evaluation of the internal financial controls over financial

reporting to future periods are subject to the risk that the internal financial control over financial reporting may

become inadequate because of changes in conditions, or that the degree of compliance with the policies or

procedures may deteriorate.

Opinion

In our opinion, to the best of our information and according to the explanations given to us, the Company has,

in all material respects, an adequate intemal financial controls system over financial reporting and such

internal financial controls over financial reporting were operating effectively as at 315t March 2025, based on

the criteria for internal control over financial reporting established by the Company considering the essential

components of internal control stated in the Guidance Note on Audit of internal Financial Controls Over

Financial Reporting issued by the Institute of Chartered Accountants of India.

for SAMUDRALAK & CO. LLP

CHARTERED ACCOUNTANTS

Firm Regn. No. $200142

\Lavwvxm\/i/@/

Place: Hyderabad

Date : 30.05.2025

o Y/ (CA KARUNASREE

@c}f Z SAMUDRALA)

e PARTNER

Membership No.220150

UDIN: 25220!508MLVJX586 3

----------------Page (14) Break----------------

1S0 9001:2015] VAMSHI RUBBER LIMITED CIN: L25100TG1993PLCO16634

COMRANY:

‘Vamshi House', Plot No.41, Jayabheri Enclave, Gachibowi, Hyderabad - 500 032, Ph: +91-40-29802533/34

ite : www.vamshirubber.or STATEMENT

OF UN-AUDITED FINANCIAL RESULTS FDR THE QUARTER AND YEAR ENDED 31ST MARCH, 2025

[ Rs.In Lakhs)

PARTICULARS For Quarter Ended Year Ended

31032025 | 31122024 | 31.032024 | 31-03-2025 31-03-2024

(Audited) | (Un-Audited) | (Audited) | (Audited) (Audited)

(Ind AS) (Ind AS) (Ind AS) (Ind AS) (Ind AS)

1| Income from operatins

(a) | Net Sales / Income from operations 1975.08 2,046.44 2,163.27 8,576.37 7,742.08

(b) | Other Income 2368 5.68 15.01 43.00 39.37

Total Income from operations (net) 1,998.77 2,052.12 2,178.27 8,619.38 7,781.45

2 | Expenses

(a) | Cost of materials consumed 141453 1,389.51 1,352.53 5,962.58 5,305.83

(b) | Purchases of stock-in-trade 1249 20.11 11.65 61.57 3347

(c) | Changes in inventories of finished goods, work-in-progress and stock-n-trade (101.36) 19.58 130.27 (126.99) (36.84)

(d) | Employee benefits expense 335.35 298.08 29475 1,218.72 1,085.41

() | Depreciation and amortisation expense 2559 24.34 18.71 101.34 94.99

(e) | Finance costs 39.93 4314 46.97 170.99 187.90

(g) | Other Operating Expenses 24515 246,56 30678 114250 102833

Total Expenses 1,971.69 2,041.32 2,161.66 8,530.72 7,699.07

3 |Profit/ (Loss) before exceptional and extraordinary items and tax (1-2) 27.08 10.81 16.61 88.66 82.38

4 |Exceptional ltems - - 0.05 342 0.05

§ |Profit/ (Loss) before extraordinary items and tax (3+4) 27.08 10.81 16.56 85.24 82.32

6 |Extraordinary ltems - - - - -

7 |Profit/ (Loss) before tax (5+6) 27.08 10.81 16.56 85.24 82.32

8 |Tax expense = o

- Current Tax 7.81 169 6.30 16.88 16.56

- Previous Year Taxes = 2 2.95 - 295

- Deferred Tax (4.35) 5 (14.40) 073 173

9 |Net Profit / (Loss) for the period (748) 23.63 9.12 2.7 67.64 61.08

10 [Other Comprehensive Income (16.96)| 5 - (17.58)) (16.96)| (17.58),

11 [Total Comphrensive Income for the period 40.58 9.12 39.29 84.60 78.66

12 |Paid up Equity Share Capital (Rs. 10/- each) 420.68 420.68 420,68 420.68 420.68

13 [Reserves excluding Revaluation Reserves as per balance sheet of previous| 1,032.85 992.77 948.25 1,032.85 948.25 accounting vear

14 |Earning Per Share (Face value of Rs.10/- each)

(a) | Basic (in Rs.) 0.96 022 093 201 187

(b) | Diluted (in Rs.) 0.96 022 093 201150 187

[Notes

[ The above Audited Financial Results were Reviewed by the Audit Committee and Approved by the Board of Directors at their meeting held on|

(1) 30.05.2025 and the same has been carried out by the statutory auditors of the Company.

(2) | The Company operates in a single segment: manufacture and sale of tyre retreading materials.

(3) | This statement is as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

For and on behalf of Board of Directors

% for wlfib =

(MRAMESH REDDY)

Place : Hyderabad Chairman & CFO

Date : 30.05.2025 DIN:00025101

----------------Page (15) Break----------------

VAMSHI RUBBER LIMITED

STATEMENT OF PROFIT AND LOSS FOR THE YEAR ENDED MARCH 31, 2025

All amounts are in Indian rupees, except otherwise stated)

i For the Year ended | For the Year ended Particul: by

Notes | “Mar31,2025 | March 31,2024

INCOME

Revenue from Operations 19 85,76,37,233 77,42,08,358

Other Income (net) 20 43,00,474 39,36,672

Total income 86,19,37,706 77,81,45,030

EXPENSES

Cost of Materials Consumed 21 59,62,58,381 53,05,82,538

Purchase of Stock in Trade 61,567,118 33,47,170

Changes in inventories of finished goods and work-in-progress 22 (1,26,98,734) (36,84,487)

Employee Benefits Expense 23 12,18,71,807 10,85,40,913

Depreciation and amortisation Expense 25 1,01,34,006 94,98,835

Finance Costs 24 1,70,99,162 1,87,89,510

Operating & Other expenses 26 11,42,49,846 10,28,32,862

Total Expenses 85,30,71,586 76,99,07,341

Profit / Loss before exceptional items and tax 88,66,120 82,37,689

Exceptional Item (net) 27 3,41,685 5,307

Profit/ Loss before tax 85,24,436 82,32,382

Tax expense

Current tax 7 16,87,559 16,565,540

Previous year tax 2,95,215

Deferred tax 7 73,008 1,73,381

Total Tax Expense 17,60,567 21,24,136

Profit/ Loss for the year 67,63,869 61,08,247

Other comprehensive income

A Items that will will not be reclassified subsequently to profit or

(a) Gain on Equity investments measured at fair value through - -

(b) Remeasurements of the defined benefit plans 22,91,575 23,76,002

(c) Income tax relating to items that will not be reclassified to (5,95,810) (6,17,761)

Total other comprehensive income 16,95,766 17,58,241

Total comprehensive income for the year 84,59,635 78,66,488

Earnings per equity share 2.01 187

(Equity shares, par value of * 10 each)

Basic and diluted (in Rs)

Corporate information and significant accounting policies 1and2

----------------Page (16) Break----------------

BALANCE SHEET AS AT 31st MARCH, 2025

(All amounts are in Indian rupees, except otherwise stated)

VAMSHI RUBBER LIMITED

A Asat As at P: oviary o Mar 31, 2025 Mar 31, 2024

ASSETS

Non-current assets

Property, Plant and Equipment 3 13,02,78,349 13,50,04,964!

Capital Work-in-Progress 3A 1,41,55,280| g

Other Intangible Assets 4 4,33 485 5,91,228

Financial Assets

(a) Investments 5 40,00,000f 40,00,000

Deferred Tax Asset (Net) 7 34,15,995] 40,84,812]

Total Non - Current Assets 15,22,83,109 14,36,81,004)

Current Assets

Inventories 8 12,90,16,829 11,11,40,427|

Financial Assets

(a) Trade Receivables 6 12,92,12,574) 17,00,19,493|

(b) Cash and Cash Equivalents 9A 1,44,318] 1,70,881

(c) Bank Balances other than (b) above 9B 76,84,980) 49,57,303]

(d) Other Financial Assets 10 10,52,601 10,64,682|

Current Tax Assets 7 18,33,956 26,59,365)

Other Current Assets " 1,45,93,498 1,71,85,367,

Total Current Assets 28,35,38,756 30,71,67,518,

Total Assets 43,58,21,865| 45,08,48,521

EQUITY AND LIABILITIES

Equity

Equity Share Capital 12 4,20,68,000 4,20,68,000)

Other Equity 13 10,32,84,940 9,48,25,306

Equity attributable to owners of the Company 14,53,52,940) 13,68,93,306)

Total Equity 14,53,52,940| 13,68,93,306}

Non-Current Liabilities

Financial Liabilities

(a) Borrowings 14 1,90,44 459 1,77,73 555]

(b) Other Financial Liabilities 15 g g

Employee Benefit Obligations 16 1,91,48,654] 1,76,33,669]

Total Non-Current Liabilities 3,81,93,113] 3,54,07,224|

Current Li

Financial Liabilities

(a) Borrowings 17 18,69,64,058, 16,70,57,574

(b) Trade Payables

Outstanding dues-micro and small enterprises 18 E 5,58,560

Outstanding dues- other than micro and 18 3,69,37,427| 7,68,30,045|

small enterprises

(c) Other Financial Liabilities 15 2,56,79,002| 3,08,22,529

Employee Benefit Obligations 16 10,07,766) 16,23,743|

Current Tax Liabilities 7 16,87,559 16,565,540}

Total Current Liabilities 25,22,75,812] 27,85,47,991

Total Liabilities 29,04,68,925) 31,39,55,215)

Total Equity and Liabilities 43,58,21,865 45,08,48,521

Corporate information and significan! 1&2 [

----------------Page (17) Break----------------

CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH, 2025

(All amounts are in Indian rupees, except otherwise stated)

VAMSHI RUBBER LIMITED

Year ended Year ended A 31 March2025 | 31 March 2024

(Rs.) (Rs)

A. | Cash flow from operating activities

Profit before tax 85,24,435.56 82,32,382.14

Adjustments for:

Depreciation and amortisation expense 1,01,34,005.82 94,98,834.74

interest expense

Loss/(Gain) on disposal of property, plant and equipment (net) 3,41,684.93 5,307.00

Operating profit before working capital changes 1,90,00,126.31 1,77,36,523.88

Adjustments for changes in working capital:

Adjustments for operating assets:

Decrease/(Increase) in trade receivables 4,08,06,918.73 (43,94,944.56)

Decrease/(Increase) in inventories (1,78,76,402.91), (23,72,568.31),

Decrease/(Increase) in loans (15,14,985.00)| (2,07,102.00)

Decrease/(Increase) in other financial assets (12,080.48) (91,860.58)

Decrease/(Increase) in current assets 8,25,408.50 (8,73,374.32)

Decrease/(Increase) in other assets 25,61,869.34 (42,36,354.06)

Adjustments for operating liabilities

(Decrease)/Increase in trade payables (4,04,51,178.41), 1,92,14,565.41

(Decrease)/Increase in other liabilities (6,15,977.00) 2,37,108.00

(Decrease)/Increase in financial liabilities (51,43,527.00)| 44,62,277.00

(Decrease)/Increase in provisions 84,427.00 23,76,002.00

Cash generated from operating activities (23,35,400.93)| 3,18,50,272.47

Income taxes paid (Net) (15,60,950.57) (9,87,214.82)

Net cash flow from operating activities (38,96,351.50)| 3,08,63,057.65

B, | Cash flow from investing activities

Purchase of Property plant and equipments (60,05,000.68)| (1,01,94,807.72),

Proceeds from sale of Property plant and equipments 1,25,000.00 31,30,000.00

Capital Work in Progress (1,41,55,280.32)| 2,43,644.00

Bank balance not considered as Cash and cash equivalents 27,27,677.00 (26,58,992.42)

Net cash (used in) investing activities (1,73,07,604.00)| (94,80,156.14)

C. | Cash flow from financing activities

Other Financial Liabilities - (42,86,550.00)|

Borrowings 2,11,77,387.00 (1,71,59,746.53)

Net cash (used in) financing activities 2,11,77,387.00 (2,14,46,296.53)

Net increase in cash and cash equivalents (A+B+C) (26,568.50) (63,395.02)

Cash and cash equivalents at the beginning of the year 1,70,885.87 2,34,280.89

Cash and cash equivalents at the end of the year 1,44,317.37 1,70,885.87 ]

----------------Page (18) Break----------------