Integrated Filing — IndAS



General information about company

Scrip Code 543743
NSE Symbol AERONEU
MSEI Symbol NOTLISTED
ISIN INE035801013
Name of company AEROFLEX NEU LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 04-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 30-10-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second 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 Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 04-11-2025   15:30:00
End date and time of board meeting 04-11-2025   16:15:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

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 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 3,452.21 6,422.09
Other income 165.64 312.58
Total income 3,617.85 6,734.67
2 Expenses
(a) Cost of materials consumed 2,044.85 3,587.72
(b) Purchases of stock-in-trade 36.53 276.87
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (25.29) (18.37)
(d) Employee benefit expense 263.13 487.46
(e) Finance costs 61.30 121.96
(f) Depreciation, depletion and amortisation expense 68.54 132.53
(f) Other Expenses
1 Other Expenses 1,061.76 1,946.18
Total other expenses 1,061.76 1,946.18
Total expenses 3,510.82 6,534.35
3 Total profit before exceptional items and tax 107.03 200.32
4 Exceptional items 0.00 0.00
5 Total profit before tax 107.03 200.32
6 Tax expense
7 Current tax (1.56) 0.69
8 Deferred tax 1.71 11.60
9 Total tax expenses 0.15 12.29
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 106.88 188.03
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 106.88 188.03
17 Other comprehensive income net of taxes 0.00 0.00
18 Total Comprehensive Income for the period 106.88 188.03
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 102.09 182.51
Total profit or loss, attributable to non-controlling interests 4.79 5.52
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0.00 0.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 2,579.60 2,579.60
Face value of equity share capital 10 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 0.4 0.71
Diluted earnings (loss) per share from continuing operations 0.39 0.7
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.4 0.71
Diluted earnings (loss) per share from continuing and discontinued operations 0.39 0.7
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) 1.The above results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on November 04 2025.The same have also been subjected to Limited Review by the Statutory Auditors. 2. There is no exceptional item. 3. Segment information as per Ind AS 108 Operating Segments is disclosed in Annexure 1. 4. This statement is as per Regulation 33 of the SEBl Listing Obligations and Disclosure Requirements Regulations 2015. 5.These consolidated financial results are available on the Companys website viz www.sahpolymers.com and on the websites of Nationl Stock Exchange Limited www.nseindia.com and BSE Limited www.bseindia.com. 6. The parent Company allotted 7200000 share warrants convertible into equity shares at a price of Rs. 90 per warrant on 25.07.2025 with an option attached to convert each share warrant into one equity share of the Company having face value of Rs. 10 per share within a period of 18 months from the date of allotment. The share warrant holders have paid 25 Percentage of the issue price upfront. 7. Earning per share basic diluted has been presented in accordance with Ind AS 33 Earning per share.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 5,108.04
Capital work-in-progress 5.65
Investment property 0.00
Goodwill 307.81
Other intangible assets 0.80
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 0.00
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets 198.93
Total non-current financial assets 198.93
Deferred tax assets (net) 0.00
Other non-current assets 6.00
Total non-current assets 5,627.23
2 Current assets
Inventories 3,425.11
Current financial asset
Current investments 0.00
Trade receivables, current 2,343.28
Cash and cash equivalents 135.17
Bank balance other than cash and cash equivalents 1,461.04
Loans, current 1,682.17
Other current financial assets 9.75
Total current financial assets 5,631.41
Current tax assets (net) 28.17
Other current assets 606.20
Total current assets 9,690.89
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 15,318.12
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 2,579.60
Other equity 7,942.79
Total equity attributable to owners of parent 10,522.39
Non controlling interest 0.00
Total equity 10,522.39
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 424.39
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
Total non-current financial liabilities 424.39
Provisions, non-current 0.00
Deferred tax liabilities (net) 172.33
Deferred government grants, Non-current 0.00
Other non-current liabilities 23.69
Total non-current liabilities 620.41
Current liabilities
Current financial liabilities
Borrowings, current 2,406.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1,186.98
Total Trade payable 1,186.98
Other current financial liabilities 6.85
Total current financial liabilities 3,599.83
Other current liabilities 505.54
Provisions, current 50.64
Current tax liabilities (Net) 19.31
Deferred government grants, Current 0.00
Total current liabilities 4,175.32
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 4,795.73
Total equity and liabilites 15,318.12
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

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 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Manufacturing- Flexible packaging 3,566.08 7,194.02
2 Engineering Activity 0.0012 0.0012
3 Others 0.0002867 0.0005033
Total Segment Revenue 3,714.75 7,364.35
Less: Inter segment revenue 262.54 942.26
Revenue from operations 3,452.21 6,422.09
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Manufacturing- Flexible packaging (128.79) (124.05)
2 Engineering Activity 113.99 113.99
3 Others 7.72 10.75
Total Profit before tax (7.08) 0.69
i. Finance cost 51.54 112.96
ii. Other Unallocable Expenditure net off Unallocable income (165.65) (312.59)
Profit before tax 107.03 200.32
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Manufacturing- Flexible packaging 13,539.17 13,539.17
2 Engineering Activity 87.85 87.85
3 Others 333.52 333.52
Total Segment Asset 13,960.54 13,960.54
Un-allocable Assets 1,357.59 1,357.59
Net Segment Asset 15,318.13 15,318.13
4 Segment Liabilities
Segment Liabilities
1 Manufacturing- Flexible packaging 4,561.77 4,561.77
2 Engineering Activity 0.00 0.00
3 Others 233.97 233.97
Total Segment Liabilities 4,795.74 4,795.74
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 4,795.74 4,795.74
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

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 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 0.00 0.00



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 200.32
Adjustments for reconcile profit (loss)
Adjustments for finance costs 116.13
Adjustments for decrease (increase) in inventories (20.16)
Adjustments for decrease (increase) in trade receivables, current (34.52)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (3.57)
Adjustments for decrease (increase) in other non-current assets 2.11
Adjustments for other financial assets, non-current 16.37
Adjustments for other financial assets, current (2.62)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 412.15
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 294.43
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 132.53
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.76
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (147.30)
Adjustments for dividend income 0.00
Adjustments for interest income 18.19
Adjustments for share-based payments 4.76
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (25.76)
Other adjustments to reconcile profit (loss) (1,223.19)
Other adjustments for non-cash items (35.90)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (531.97)
Net cash flows from (used in) operations (331.65)
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 4.98
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities (336.63)
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 96.98
Proceeds from sales of investment property 68.03
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 18.19
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (1,385.82)
Net cash flows from (used in) investing activities (1,396.58)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares (9.98)
Proceeds from issuing other equity instruments 1,620.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 158.29
Repayments of borrowings 199.50
Payments of lease liabilities 5.08
Dividends paid 0.00
Interest paid 116.13
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 1,447.60
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (285.61)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 41.87
Net increase (decrease) in cash and cash equivalents (243.74)
Cash and cash equivalents cash flow statement at beginning of period 378.91
Cash and cash equivalents cash flow statement at end of period 135.17





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 H R Jain & Co. Yes 31-01-2027