Integrated Filing — IndAS



General information about company

Scrip Code 522029
NSE Symbol WINDMACHIN
MSEI Symbol NOTLISTED
ISIN INE052A01021
Name of company WINDSOR MACHINES 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 08-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 04-11-2025
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 08-11-2025   14:11:00
End date and time of board meeting 08-11-2025   19:50:00
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 Not applicable



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 13,663.76 24,997.26
Other income 74.50 86.78
Total income 13,738.26 25,084.04
2 Expenses
(a) Cost of materials consumed 9,818.53 15,643.84
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (186.73) 1,794.54
(d) Employee benefit expense 1,739.97 3,342.27
(e) Finance costs 103.15 212.90
(f) Depreciation, depletion and amortisation expense 475.61 949.94
(f) Other Expenses
1 Other Expenses 1,442.03 2,569.17
Total other expenses 1,442.03 2,569.17
Total expenses 13,392.56 24,512.66
3 Total profit before exceptional items and tax 345.70 571.38
4 Exceptional items 265.68 (895.93)
5 Total profit before tax 611.38 (324.55)
6 Tax expense
7 Current tax 126.89 240.52
8 Deferred tax 55.57 59.78
9 Total tax expenses 182.46 300.30
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 428.92 (624.85)
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 428.92 (624.85)
17 Other comprehensive income net of taxes 10.37 23.95
18 Total Comprehensive Income for the period 439.29 (600.90)
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 428.92 (624.85)
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 439.49 (600.90)
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 1,689.57 1,689.57
Face value of equity share capital 2 2
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 0.51 -0.74
Diluted earnings (loss) per share from continuing operations 0.42 -0.61
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 0.51 -0.74
Diluted earnings (loss) per share from continuing and discontinued operations 0.42 -0.61
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 financial results were reviewed and recommended by the Audit Committee and were approved by the Board of Directors at its meeting held on November 08, 2025. 2.This statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind 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 Standard) (Amendment) Rules, 2016. 3.The company had executed the one-time settlement (OTS) for inter-corporate loans (ICD) outstanding (net) of Rs. 5,880.65 Lakhs and made reversal of provision of Rs. 294.34 on receipt of funds during the period ended September 30, 2024, given in the earlier years. Under the settlement, the Company had received upfront payment of Rs. 1,875.00 Lakhs at the time of settlement & balance payment of Rs. 4,300 Lakhs was to be received by June 30, 2025. The Company has received part payment of Rs. 3,000.00 Lakhs on July 31, 2025 & balance payment of Rs. 1,300 Lakhs received on August 06, 2025 with interest amount for delayed payments4. As the Company has filed for the voluntary judicial liquidation for Wintal Machines SRL, Italy (Wintal) (100% subsidiary) and the administrator appointed by the Court of Brescia has taken control on all the activities of the Wintal w.e.f. December 30, 2024.The Company has already provided for total investment & receivables from Wintal in standalone financial statements in the past and it does not expect any proceeds from the above Judicial Liquidation. 5.The sale of the entire 44.70% stake in RCube Energy Storage Systems Pvt Ltd. (“RCube”) has been completed in the financial year ended March 31, 2025.The Company has already provided for the entire investment of Rs. 919 Lakhs in standalone financial results during the quarter ended September 30, 2024 & net sale proceeds of Rs. 33.47 Lakhs has been accounted as an exceptional income during the quarter ended March 31, 2025. During the quarter ended September 30, 2024, The Company has accounted for the following exceptional items of Rs. 769.81 Lakhs: (A) Impairment Provision for Investment in RCube Energy Pvt Ltd (Refer Note No. 8) Rs. 919.00 Lakhs (B) Less: Reversal of provision on receipt of funds for ICD on OTS (Refer Note No 6) Rs. 294.34 Lakhs (C) Add: Past services claim settled of service provider under OTS Rs. 145.15 Lakhs Total Exceptional Items for quarter ended September 30, 2024 (A-B+C) Rs. 769.81 Lakhs 6. The Company has decided to shift both manufacturing plants i.e. Extrusion machinery plant from Vatva (Dist. Ahmedabad) and Injection machinery plant from Chhatral (Dist. Gandhinagar) to a new state-of-the-art integrated manufacturing facility at Chibhda Dist. Rajkot. The Injection machinery plant shifting to Chibhda, Rajkot has been completed at one time cost of Rs. 219 Lakhs which include logistics, manpower and other associated cost, accounted in other expenses for the current quarter. The Extrusion machine plant shifting will commence soon. The Company has agreed and paid a total onetime payment to union workers at Extrusion and Injection of Rs. 225.07 Lakhs & Rs. 486.54 Lakhs respectively. The Company has also settled Thane workers claims for Rs. 450.00 Lakhs. Accordingly, Rs. 1,161.61 Lakhs has been accounted as an exceptional item in the previous quarter ended June 30, 2025. 7. Previous period figures have been restated for prior period adjustments and regrouped/reclassified, wherever necessary, to make them comparable with current period figures.



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 29,911.81
Capital work-in-progress 9,997.27
Investment property
Goodwill 31,334.77
Other intangible assets 482.34
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 0.05
Trade receivables, non-current
Loans, non-current 0.00
Other non-current financial assets 390.35
Total non-current financial assets 390.40
Deferred tax assets (net) 679.77
Other non-current assets 4,768.98
Total non-current assets 77,565.34
2 Current assets
Inventories 16,158.08
Current financial asset
Current investments 0.00
Trade receivables, current 3,964.29
Cash and cash equivalents 343.92
Bank balance other than cash and cash equivalents 192.66
Loans, current 71.12
Other current financial assets 808.33
Total current financial assets 5,380.32
Current tax assets (net) 0.00
Other current assets 2,054.77
Total current assets 23,593.17
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 1,01,158.51
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,689.57
Other equity 71,112.71
Total equity attributable to owners of parent 72,802.28
Non controlling interest 0.00
Total equity 72,802.28
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 582.80
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 2,177.13
Total non-current financial liabilities 2,759.93
Provisions, non-current 68.81
Deferred tax liabilities (net) 5,541.35
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 8,370.09
Current liabilities
Current financial liabilities
Borrowings, current 995.68
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 502.14
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 8,869.06
Total Trade payable 9,371.20
Other current financial liabilities 676.63
Total current financial liabilities 11,043.51
Other current liabilities 5,531.01
Provisions, current 334.50
Current tax liabilities (Net) 3,077.12
Deferred government grants, Current
Total current liabilities 19,986.14
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 28,356.23
Total equity and liabilites 1,01,158.51
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 Extrusion Machinery Division 4,716.49 7,582.47
2 Injection Moulding Machinery 3,992.30 8,083.89
3 CNC & VMC Machinery## 4,950.93 9,324.65
4 Energy Storage Systems ** 0.00 0.00
Total Segment Revenue 13,659.72 24,991.01
Less: Inter segment revenue
Revenue from operations 13,659.72 24,991.01
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Extrusion Machinery Division (49.29) (434.51)
2 Injection Moulding Machinery (398.37) 183.06
3 CNC & VMC Machinery## 921.69 1,597.17
4 Energy Storage Systems ** 0.00 0.00
Total Profit before tax 474.03 1,345.72
i. Finance cost 103.15 212.90
ii. Other Unallocable Expenditure net off Unallocable income (25.18) (561.44)
Profit before tax 396.06 1,694.26
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Extrusion Machinery Division 25,063.74 25,063.74
2 Injection Moulding Machinery 14,974.48 14,974.48
3 CNC & VMC Machinery## 7,440.60 7,440.60
4 Energy Storage Systems ** 0.00 0.00
Total Segment Asset 47,478.82 47,478.82
Un-allocable Assets 0.00 0.00
Net Segment Asset 47,478.82 47,478.82
4 Segment Liabilities
Segment Liabilities
1 Extrusion Machinery Division 9,416.59 9,416.59
2 Injection Moulding Machinery 7,318.50 7,318.50
3 CNC & VMC Machinery## 2,744.25 2,744.25
4 Energy Storage Systems ** 0.00 0.00
Total Segment Liabilities 19,479.34 19,479.34
Un-allocable Liabilities 8,876.89 8,876.89
Net Segment Liabilities 28,356.23 28,356.23
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
1 Remeasurement of the net defined benefit obligation gain / (loss) 1037000 2395000
Total Amount of items that will not be reclassified to profit and loss 10.37 23.95
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 10.37 23.95



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 (324.55)
Adjustments for reconcile profit (loss)
Adjustments for finance costs 212.90
Adjustments for decrease (increase) in inventories (1,735.72)
Adjustments for decrease (increase) in trade receivables, current (1,502.43)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (95.96)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (444.33)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 1,110.94
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 949.94
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 2.37
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 77.44
Adjustments for share-based payments 0.00
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 (265.26)
Other adjustments to reconcile profit (loss) 23.95
Other adjustments for non-cash items (5.87)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (1,826.91)
Net cash flows from (used in) operations (2,151.46)
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 1,615.56
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities (3,767.02)
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 520.00
Purchase of property, plant and equipment 8,199.48
Proceeds from sales of investment property 0.00
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 (4,229.69)
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 77.44
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (1,987.19)
Net cash flows from (used in) investing activities (5,359.54)
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 0.00
Proceeds from issuing other equity instruments 0.00
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 642.53
Repayments of borrowings 124.15
Payments of lease liabilities 0.00
Dividends paid 0.80
Interest paid 212.90
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 304.68
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (8,821.88)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (8,821.88)
Cash and cash equivalents cash flow statement at beginning of period 9,165.80
Cash and cash equivalents cash flow statement at end of period 343.92