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M.Z. LEASING & FINANCE LTD,
REGD. OFFICE : DESHNA CHAMBERS, H/H. KADVA PATIDAR VADI, USMANPURA,
ASHRAM ROAD, AHMEDABAD-380014.(GUJARAT) PHONE : 079-27543200
CIN L 65910 GJ 1986 PLC 008864
30'May, 2025
To,
The Deputy Manager,
Department of Corporate Services,
Bombay Stock Exchange Limited
Dalal Street, Fort
Mumbai - 400 001.
.Company Code: 511728
Dear Sir,
Sub.: Submission of Audited financial results for the quarter and year ended
31st March, 2025 pursuant to regulation 33 of the SEBI (Listing
obligations and Disclosure requirements) regulations, 2015.
With reference to above, it is hereby informed thatthe Audited results for the quarter and
year ended 31st March, 2025 were adopted, approved and taken on record at the meeting
of the Board of Directors of the Company held on Friday, 30 May, 2025 at the Registered
Office of the Company at 1s*Floor Deshana Chamber B/H Kadwapattidar Wadi, Ashram
Road Ahmedabad.
The said Audited results along with the Audit Report are attached herewith. ;
Kindly take the same on your record.
Thanking you,
Yours Faithfully,
For, K Z LEASING AND FINANCE LIMITED
AnkitP.Patel
Director,CFO
(DIN :02901371)
Encl:Audited Financial results alongwith Audit Report
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K Z LEASING & FINANCE LTD
CIN: L65910G.11986PLC008864
SUMMARISED BALANCE SHEET as at 31st March, 2025
Reg Office: Ist Floor Deshana Chamberb/H Kadwapattidar Wadi Ashram Road, Ahmedabad, Gujarat, India, 380001
(2 in Lakhs)
Particulars As at 31.03.2025 As at 31.03.2024
ASSETS
Non-Current Asscts
(a) Property, Plant and Equipment 765 811
(b) Capital work-in-progress
(c) Other Intangible Assets
(d) Financial Assets.
(i) Investinents 1,687.02 2,100.65
(it) Trade Receivables - ‘a
(ti) Loans 300.10 672.86
(e) Deferred Tax Assets (net) - -
(f) Other Non-Current Assets 402.16 402.08
2 Sub-total - Non-Current Assets 2,396.93 3,183.69
Current Assets
(a) Inventories 2 7 (b) Financial Assets e . -
(i) Investment “ -
(ii) Trade Receivables 58.38 34 39
(it!) Cash and Cash Equivalents 2.96 0.07
(iv) Bank Balances other than (iil) above - -
(Vv) Loans 17.10 1851
(vi) Others (to be specified) - -
(c) Current Tax Assets (Net) - -
(d) Other Current Assets 0.57 0.52 Sub-total - Current Assets 79.01 53.50
TOTAL- ASSETS 2,475.93 3,237.19
BJEQUITY AND LIABILITIES
1 JEquity
(a) Equity Share Capital 304.12 304.12
(b) Other Equity 1,603.12 1,768.74 Sub-total - Equity 1,907.24 2,072.86
Liabilities
Non-Current Liabilities
(a) Financial Liabilities
(i) Borowings $4.73 144.67
(ii) Trade Payables - -
ii) Other Financial Liabilities (other than those specified in ithem (b), to be specified) - . (b) Provisions 7 a ,
(c) Deferred Tax Liabilities (Net) 234.87 287.00
(d) Other Non-Current Liabilities 8.69 SL.64 Sub-total - Non Current_Liabilities 328,29 513,32
21Current liabilities
(a) Financial Liabilities
(1) Borowings 115.87 580,05
(1i) Trade Payables
Due to Micro and Small Enterprise
Due to Others 10.92 16.33
(iii) Other Financial Liabilities - -
(b) Other Current Liabilities 113.04 28.65
{(c) Provisions 0.57 25.78
(d) Current Tax Liabilities (Net) - i Sub-total - Current Liabilities 240.40 651.01
TOTAL - EQUITY AND LIABILITIES 2,475.93 3,237.19
For, K Z LEASING AINSANCE LTD eet
: ‘ eshavlal Patel
Place: Ahmedabad man & Managing Director
Date: 30th May, 2025 DIN: 00841628 ’
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kK Z LEASING & FINANCE LTD
: Reg Office: Ist Floor Deshana Chamberb/H Kadwapattidar Wadi Ashram Road, Ahmedabad, Gujarat, India, 380001 CIN: L65910GJ1986PLC008864
AUDITED FINANCIAL RESULTS FOR THE QUARTER /YEAR ENDED 31ST MARCH, 2025
(@ th Lakhs)
Place: Ahmedabad ‘Date: 30th May, 2025
ce Quarter Ended Year Ended
Sr, No. Particulars 31.03.2025 31.12.2024 31.03.2024 31.03.2025 31.03.2024
J : Audited Un- Audited Audited Audited Audited
1 [Revenue from Operations 16.75 22.62 (0.53) 69.32 60.74
HL [Other Income $2.68 (461.21) (62.77) 164,00 424 87
ILL__[Total Income (1+2) 99.43 (438.59) (63.30) 233.32 485.61
IV JExpenses
a. Cost of material consumed - - - - -
b. Purchase of stock-in-trade - - - - -
ce. Change in inventories of finished goods, work-in- process and - - : -
stock-in-trade °
d. Employees benefits expense 25.59 26.12 40.54 93.66 90.63
e. Finance costs 10.66 7.69 12.71 45.32 43.58
f. Depreciation and amortisation expense 0.48 0.49 0.42 1.90 1.33
zg. Other Expenses 14.69 47.66 104.94 118.07 179.67
Total Expenses (IV) 51.42 81.95 158.59 258.95 315.20 Vv Profit before Exceptional Items and Extraordinary Items 48.01 (520.54) (221.89) (25.63) 170.41
and Tax (3-4) VI_{Exceptional items 4 _ - : (73.22),
VIL_|Profit/(loss) before tax (V-V1) 43.01 (520.54) (221.89) (25.63) 97.20
VUl |Tax expense:
Current Tax - (116.27) (57.72) - 25,25
Deferred Tax (0.11) 0.07 0.02 (0.11) 0.02
Short/(Excess) Provision for Income tax of earlier years (6.79) - (0.22) (6.79) » (0,22)
IX rie for the period from continuing operation (VII- 54.91 (404.34) (163.98) (18.73) 72.14
X_— |Profit/(loss) from discontinued operations - .
XL | Tax expense of discontinued operations - -
XII |Profit/(loss) from Discontinued operations (after tax) (X-X1) - -
XIIL_ [Other Comprehensive Income
(i) Items that will not be reclassified to profit or loss (301.16) 40.41 129.78 (198.92) 413.21
(ii) Income tax relating to items that will not be reclassified to 78.60 (10.51) (33.74) 52.02 (107.43)
profit or loss :
Total Comprehensive Income for the period (167.65) (374.44) (67.94) (165.63) 377.92
XIV {(IX+XIII)(Comprising Profit (Loss) and Other Comprehensive Income for the period)
XV_|Earnings per equity share (for continuing operation): (1) Basic 1.81 (13.30) (3.39) (0.62) 2.37
(2) Diluted 1.8] 30) (5.39) (0.62) 2.37
Notes
The above Audited Financial Results for quarter/year ended March, 2025 has been reviewed by the Audit Committee and approved by the Board of Directors at its ! meeting held on 30th May,2025 and Statutory Auditors of the Company have carned out audit of the same.
The financial results have been prepared in accordance with India Accounting Standards (Ind AS) prescribed under Companies (Indian Accounting Standards)
3 2 Rules, 20 15. These financial results have been prepared in accordance with the recognition and other accounting principles accepted in India.
3 JIND AS 108 relating to segment wise reporting is Not Applicable as the Company operates in one primary segment, i.e Finance.
The figures for the quarter ended on 31st March, 2025 are the balancing figures between the audited figures of the year ended on 31st March, 2025 and unaudited
: figures for the nine months ended figures published upto 31st December, 2024.
5 |Figures of previous period/ year have been regrouped/ rearranged, wherever considered, necessary.
lanaging bier
DIN: 00841628
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Kk. Z. LEASIN Regd. Office :-Deshna Chambers,
H/H. Kadva Patidar V G & FINANCE LTD. adi, Usmanpura, Ashram Road, Ahmedabad
CIN: L65910GJ1986P LCOO8864 Cash Flow
Statement for the year ended 3ist March 2025
380014. (Gujarat)
ee “Particular” For The Year Ended For The Year Ended se Calas
Cane eae 31/03/2025 31/03/2024
A. Cash Flow From Operating Activities
Net profit before tax and extra ordinary item (25.63) 97.20
Add:
Depreciation 1.90 133
(23.73) 98.52 Deduct _:
Dividend Income $1.47 35.26
Bank Int. Income 33.03
29.52 Long term Capital Gain 145.79
1.73 Short Term Capital Gain
17.64 3.61 Speculation Gain (0.08)
: F & O Profit & Loss
(84.03) 354.16 Interest Income of Income Tax
0.19 Short Term Profit on Mutual Fund -
0.23 Mutual Fund Interest 0.17
O18
164.00 424.87
Operating profit before working Capital Changes (187.73)
(326 35)
anges in working capital
j ¢ increase)/decrease in aling
Loans 374.16 192.70
Trade receivables & Other Current Assets (24.03) (34.54)
u 0 i ee e ti o Trade payables
(561) 16.10 Other financial Liabilities
- F Non Financials Liabilities
144 24,92 Provisions
(70.44) 0.28 Cash Flow From Operation
Cash Inflow before extraordinery items & prior year adjustment 97.79 (127,30)
Extraordinery items and prior year adjustment - -
Income tax paid : (10,52)
Net cash from Operating activities (A) 97.79 (137.81)
B, Cash Flow From Investing Activities
Dividend Income 51,47 35.26
Bank Int. Income 33.03 29.52
Short term Capital Gain 17.64 3.61
Long term Capital Gain 145.79 1.73
Speculation profit (0.08) -
Other items (84.03)} 354.16
Interest Income of Income Tax : 0.19
Short Term Profit on Mutual Fund : 0.23
Mutual Fund Interest 0.17 0.18
Increase in Investments & Other Non Current Assets 266.66 (519.88)
Acquisition of Property, Plant and Equipment (1.44) (3.18)
Net cash from Investing activities (B) 429.22 (98.19)
C. Cash Flow Arising From Financing Activities
Net Proceeds from Borrowings (524.12)} 235.57
Net cash from Financing activities (C) (524.12) 235.57
Net increase in cash and Bank equivalents during the year(A+B+C) 2.89 (0.43)}
Add: Cash and Bank equivalents at the beginning of the year 9.07 9.50
Cash and Bank equivalents at the end of the year 2.96 0.07
-_|Piace: Anmedabad
{Dates 30th May, 2025
OY
rN gaat
For, KZ Ne Ee LTD
tare!
a= acer is sah Paphae
kumar Keshavlal Patel
Chairman & Managing Director
DIN: 00841628
—
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S VJ K AND ASSOCIATES
Chartered Accountants iN DIA
Independent Auditor's Report on the Quarterly and Year to Date Annual Financial
Results of the Company pursuant to Regulation 33 of SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015, (as amended)
To
The Board of Directors of
K Z LEASING & FINANCE LTD
Report on the audit of the Financial Results
1. Opinion
We have audited the accompanying Statement of quarterly and year to
date Financial Result of M/s. K Z LEASING & FINANCE LTD (the
‘Company') for the quarter & year ended 31S March, 2025 (the 'Statement'),
attached herewith, being submitted by the Company pursuant to the requirement
of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (as amended) (the 'Listing Regulations’) including relevant
circulars issued by SEBI from time to time.
In our opinion and to the best of our information and according to
the explanations given to us, the aforesaid standalone annual financial results:
.
I. are presented in accordance with the requirements of the
Listing Regulations in this regard, and :
Il. gives a true and fair view in conformity with the applicable
Indian Accounting Standards (‘Ind AS") prescribed under
Section 133 of the Companies Act, 2013 (‘the Act’), read with
relevant ‘Tules issued thereunder, and other accounting
principles generally accepted in India, of the
Basis for opinion
We conducted our audit in accordance: with the Standards
on Auditing Section 143(10) of the Act.
Our responsibilities under those standards are "Auditor's
Responsibilities for the Audit of the Statement"
(‘SAs') specified under
further described in the
section of our report. We are independent
ith the Code of Ethics issued by the Institute
of Chartered Accountants of India (‘the ICAI’) together with the ethical
r of the financial statements under
the provisions of the A.
7
908, Phoenix, Opp Commerce Six Metro Station, Near Vijay Cross Roads, Navrangpura, Anhmedab
Email: info@svjkadvisors.com Website: ‘www.svjkadvisors.com Contact: 079-4602
----------------Page (4) Break----------------
Ethics. We believe ‘that the audit evidence obtained by us, is
sufficient and appropriate to provide a basis for our opinion.
Responsibilities of Management and Those Charged with
Governance for the Statement
The Statement has been prepared on the basis of the annual
audited financial statements and has been approved by the Company's Board of
Directors. The Company's Board of Directors is responsible
for the preparation and presentation of the Statement that gives a true and
fair view of the net profit and
In preparing the Statement, the Board of Directors
are responsible for assessing the Company's ability to continue as a going concern,
disclosing, as applicable, matters related to going concern
and using the going concern basis of accounting unless the Board of Directors either
intends to liquidate the Company or to cease operations, or has no realistic alternative
but to do so.
The Board of Directors is also responsible for Overseeing
the Company's financial reporting process.
Auditor's Responsibilities for the Audit of the Statement
Our objectives are to obtain reasonable assurance
about whether the Statement as a whole is free from material inisstatement,
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 Standards on Auditing,
specified under Section 143(10) of the Act, 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 this Statement.
As part of an audit in accordance with the Standards
on Auditing, we exercise professional judgment and maintain
professional skepticism throughout the audit, We also:
¢ Identify and assess the risks of material misstatement
of the Statement, whether due to fraud or error, design and perform
audit procedures responsive to those risks, and
obtain audit evidence that is sufficient and appropriate to provide a basis
for our opinion. 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,
----------------Page (5) Break----------------
e 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 Act, we are
also’ responsible for expressing our opinion on whether the Company has in place adequate
internal financial controls with reference to financial statements and the operating effectiveness
of such controls.
e Evaluate the appropriateness of accounting policies used and the reasonableness of accounting
estimates and related disclosures made by the management.
e Conclude on the appropriateness of the 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 Statement 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 Statement, including the
disclosures, and whether the Statement represents 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 (ii) 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.
----------------Page (6) Break----------------
5. Other Matter
The accompanying Statement includes the financial results for
being the balancing figures between the ‘audited fi
March 31, 2025 and the published unaudited
financial year, |
Regulations.
the quarter ended 31 March 2025,
gures in respect of the full financial year ended
year-to-date figures up to the third quarter of the current
‘which were subjected to a limited review by us, as required under the Listing
Our opinion on the Statement is not modified in respect of this matter,
For, S VJ K and Associates
Chartered Accountants
Firm Reg. No. 135182W
(a
Reeturaj Verma
Partner
M.NO. 193591
UDIN: 25193591 BMJGKD3228
.Place: Ahmedabad
Date: 30" May, 2025
----------------Page (7) Break----------------
KZ. LEASING & FINANCE LTD.
REGD. OFFICE : DESHNA CHAMBERS, H/H. KADVA PATIDAR VADI, USMANPURA, : 079-27543200
ASHRAM ROAD, AHMEDABAD-380014.(GUJARAT) PHONE : 07
CIN L 65910 GJ 1986 PLC 008864
Declaration of Unmodified Opinion in the Audit Report.
In terms of Regulation 33 SEBI (Listing Obligations and Disclosure Requirements)
Amendment Regulations, 2016 read with SEBI Circular CIR/CFD/CMD/56/2016 dated
May 27, 2016 and the Exchange Circular DCS/COMP/04/2016-17 dated June 01, 2016
with respect to “Disclosure of the Impact of Audit Qualifications by the Listed Entities”,
we hereby declare that the Statutory Auditor of the Company, S V J K and Associates.
(FRN: 135182W), Chartered Accountants, have given the Audit Report with unmodified
opinion on the Standalone Financial results of the Company for the period ending on
318 March, 2025.
Kindly take the note of the same.
For, KZ LEASING AND FINANCE LIMITED
oe
* ao Co
ww - oe —
Pravinkumar Patel
(Managing Director)
DIN: 00841628
Date : 30/05/2025 ’
Place: Ahmedabad
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