Integrated Filing — IndAS



General information about company
Scrip Code 543600
NSE Symbol HARSHA
MSEI Symbol NOTLISTED
ISIN INE0JUS01029
Name of company Harsha Engineers International Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 06-Aug-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 30-Jul-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 06-Aug-2025   11:30:00
End date and time of board meeting 06-Aug-2025   13:00:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 3652900000
Other income 107300000
Total income 3760200000
2 Expenses
(a) Cost of materials consumed 1968200000
(b) Purchases of stock-in-trade 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -100200000
(d) Employee benefit expense 506900000
(e) Finance costs 25700000
(f) Depreciation, depletion and amortisation expense 105300000
(f) Other Expenses
1 Other Expenses 720300000 720300000
2 Bad debts write off /Net Sundry Balances Write off 3400000 3400000
Total other expenses 723700000
Total expenses 3229600000
3 Total profit before exceptional items and tax 530600000
4 Exceptional items 0
5 Total profit before tax 530600000
6 Tax expense
7 Current tax 138000000
8 Deferred tax 13300000
9 Total tax expenses 151300000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations 379300000
12 Profit (loss) from discontinued operations before tax 0
13 Tax expense of discontinued operations 0
14 Net profit (loss) from discontinued operation after tax 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0
16 Total profit (loss) for period 379300000
17 Other comprehensive income net of taxes -47500000
18 Total Comprehensive Income for the period 331800000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 910400000
Face value of equity share capital 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 4.17
Diluted earnings (loss) per share from continuing operations 4.17
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0
Diluted earnings (loss) per share from discontinued operations 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 4.17
Diluted earnings (loss) per share from continuing and discontinued operations 4.17
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) KPI 30.06.2025 nRevenue 36529 nEBITDAt 6616 nEBITDA margins 18.11 Percent nPAT 3793 nPAT margin 10.38 Percentt n1tThe above unaudited consolidated financial results for the quarter ended 30 June 2025 have been reviewed by the Audit Committee and subsequently approved by the Board of Directors in their respective meetings held on 6 August 2025. The statutory auditors have expressed an unmodified opinion. n2tThe unaudited consolidated financial results are prepared in accordance with the Indian Accounting Standards 34 Interim Financial Reporting as prescribed under Section 133 of the Companies Act 2013 read with Rule 3 of the Companies Indian Accounting Standard Rules 2015 and Companies Indian Accounting Standards Amendment Rules 2016. n3tFigures of the quarter ended 31 March 2025 are the balancing figures between audited figures in respect of the full financial year and year to date figures up to the third quarter of the relevant financial year. Also the figures up to the end of third quarter had only been reviewed and not subject to audit. n4tThe unaudited consolidated financial results comprise of the results financial information of the Holding Company i.e. Harsha Engineers International Limited its subsidiaries namely Harsha Precision Bearing Components China Co. Ltd. China Harsha Engineers Europe SRLRomania Harsha Engineers Advantek Limited and its Joint Venture namely Cleanmax Harsha Solar LLP. n5tIn the previous quarterRs. 1999 lakhs of Bad Debts Write Off Net Sundry Balances write off are mainly pertains to SolarEPC and O and M Segment. n6.tIn the previos quarter Exceptional Item of Rs. 2768 lakhs pertains to Impairment in carrying value of Goodwill on Consolidation based on Fair Valuation Report of Harsha Engineers Europe SRLRomania. n7.tFigures for the previous periods have been regrouped reclassified and restated whereever necessary to make them comparable with the current period's figures. n n8.tIPO Fund utilization status report as on 30 06 2025. nttt Rs. In lakhs nParticularstttttt Amount nTotal IPO Proceedstttttt 45500 nLess IPO Expensestttttt 2560 nNet Proceeds as per Prospectusttt 42940 n n Particulars Amount as proposed n in the Offer Document t Amount Utilised t Amount n Unutilized n n n n1. Pre payment or scheduled repayment 27000 27000 nof a portion of the existing borrowing navailed by the Company n n2. Funding capital expenditure nrequirements towards purchase 7795 7351tt 444 n of machinery n n n3. Infrastructure repairs 712 712t nand renovation of our existing n production facilities including office n premises in India n n4. General corporate purpose 7433 7433 n n Totaltttt 42940 t 42496tt 444 n n



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether accounts are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Engineering & Others 3488300000 3488300000
2 Solar EPC & O & M 164600000 164600000
Total Segment Revenue 3652900000
Less: Inter segment revenue
Revenue from operations 3652900000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Engineering & Others 522500000 522500000
2 Solar EPC & O & M 8100000 8100000
Total Profit before tax 530600000
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax 530600000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Engineering & Others 16847200000 16847200000
2 Solar EPC & O & M 757000000 757000000
Total Segment Asset 17604200000 17604200000
Un-allocable Assets 0 0
Net Segment Asset 17604200000 17604200000
4 Segment Liabilities
Segment Liabilities
1 Engineering & Others 3851400000 3851400000
2 Solar EPC & O & M 880500000 880500000
Total Segment Liabilities 4731900000 4731900000
Un-allocable Liabilities 0 0
Net Segment Liabilities 4731900000 4731900000
Disclosure of notes on segments Textual Information(2)



Text Block
Textual Information(2) 1. Segment Operating Results EBITDA n Quarter n 30 06 2025 na Engineering and others 6526 nb Solar EPC and O and M 90 nTotal Operating Results EBITDA 6616 n nEBITDA Total Profit Before Finance Cost Tax Depreciation and Amortisartion n n n2. We have mentioned Profit before tax PBT under Point no 2 Segment Result Profit Loss before tax and interest from each segment of this section to make it aligned with our disclosure in the Signed Unaudited Financial Statements for the Quarter Ended June 30 2025



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of post-employment benefit obligations -2900000 -2900000
Total Amount of items that will not be reclassified to profit and loss -2900000
2 Income tax relating to items that will not be reclassified to profit or loss -700000
3 Amount of items that will be reclassified to profit and loss
1 Gains / (Loss) of Cashflow Hedge -60500000 -60500000
Total Amount of items that will be reclassified to profit and loss -60500000
4 Income tax relating to items that will be reclassified to profit or loss -15200000
5 Total Other comprehensive income -47500000