| Scrip Code | 500128 |
|---|---|
| NSE Symbol | ELECTCAST |
| MSEI Symbol | NA |
| ISIN | INE086A01029 |
| Name of company | ELECTROSTEEL CASTINGS 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 | 10-11-2025 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 03-11-2025 |
| 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 | Standalone |
| 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 | Single segment |
| Description of single segment | The company operates mainly in one business segment viz. Pipes and all other activities revolve around the main business. |
| Start date and time of board meeting | 10-11-2025 11:30:00 |
| End date and time of board meeting | 10-11-2025 15:00:00 |
| 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 |
| Whether the company has any related party? | Yes |
| Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? | Yes |
| (I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public | NA |
| (II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. | NA |
| Whether the company is a high value debt listed entity according to regulation 15 (1A)? | No |
| (a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication? | |
| (b) If answer to above question is No, please explain the reason for not complying. | |
| Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? | Yes |
| Latest Date on which RPT policy is updated | 06-08-2025 |
| Indicate Company website link for updated RPT policy of the Company | www.electrosteel.com |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | No |
| No. of times funds raised during the quarter | |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| Not Applicable | |
| 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 | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | 1,19,232.20 | 2,59,442.88 | |
| Other income | 9,095.51 | 11,475.01 | |
| Total income | 1,28,327.71 | 2,70,917.89 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 64,332.49 | 1,48,875.78 |
| (b) | Purchases of stock-in-trade | 15.26 | 48.55 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (900.94) | (15,102.59) |
| (d) | Employee benefit expense | 11,425.69 | 23,108.45 |
| (e) | Finance costs | 3,402.53 | 6,661.09 |
| (f) | Depreciation, depletion and amortisation expense | 3,753.50 | 7,410.56 |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 36,101.55 | 78,020.85 |
| Total other expenses | 36,101.55 | 78,020.85 | |
| Total expenses | 1,18,130.08 | 2,49,022.69 | |
| 3 | Total profit before exceptional items and tax | 10,197.63 | 21,895.20 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 10,197.63 | 21,895.20 |
| 6 | Tax expense | ||
| 7 | Current tax | 325.59 | 3,188.13 |
| 8 | Deferred tax | 2,272.69 | 2,503.63 |
| 9 | Total tax expenses | 2,598.28 | 5,691.76 |
| 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 | 7,599.35 | 16,203.44 |
| 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 | 7,599.35 | 16,203.44 |
| 17 | Other comprehensive income net of taxes | (22.34) | (331.72) |
| 18 | Total Comprehensive Income for the period | 7,577.01 | 15,871.72 |
| 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 | 6,181.84 | 6,181.84 | |
| Face value of equity share capital | 1 | 1 | |
| 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 | 1.23 | 2.62 | |
| Diluted earnings (loss) per share from continuing operations | 1.23 | 2.62 | |
| 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 | 1.23 | 2.62 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 1.23 | 2.62 | |
| 24 | Debt equity ratio | 0.33 | 0.33 |
| 25 | Debt service coverage ratio | 4.03 | 2.54 |
| 26 | Interest service coverage ratio | 4.00 | 4.29 |
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 1. The above Unaudited Standalone Financial Results for the quarter and six months ended September 30, 2025 including Statement of Assets and Liabilities as at September 30, 2025 (Enclosed as Annexure I) and Statement of Cash Flow for the six months ended September 30, 2025 (Enclosed as Annexure II) (hereinafter referred to as “Financial Results”) attached herewith have been prepared in accordance with the Indian Accounting Standards ('Ind AS')-34 Interim Financial Reporting as prescribed under section 133 of the Companies Act 2013 and compiled keeping in view the provision of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended). These financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on November 10, 2025 and have been subjected to Limited Review by the Statutory Auditors. 2. The Company operates mainly in one business segment viz. Pipes and fittings and all other activities revolve around the main business. 3. In pursuance of the Order dated September 24, 2014 passed by the Hon’ble Supreme Court of India ('the Order'), followed by the Ordinance promulgated by the Government of India, Ministry of Law & Justice ('legislative department') dated October 21, 2014 ('Ordinance') for implementing the Order, allotment of Parbatpur coal block ('coal block'/'mine') to the Company, which was under advanced stage of implementation, had been cancelled w.e.f. April 01, 2015. In terms of the Ordinance, the Company was allowed to continue the operations in the said coal block till March 31, 2015. Accordingly, the said coal block had been handed over to Bharat Coking Coal Limited ('BCCL') as per the direction from Ministry of Coal ('Ministry'), with effect from April 01, 2015 and the same was thereafter allotted to Steel Authority of India Limited ('SAIL') and an initial compensation of Rs. 8432.32 lakh was awarded, of which Rs. 8312.14 lakhs was received by the Company. The company also came to understand that SAIL subsequently handed over back the said coal block to the custody of BCCL. Following a petition filed by the Company, challenging the method and amount of compensation determined, the Hon’ble High Court of Delhi pronounced its judgement on March 09, 2017 laying down the principles of determination of revised compensation. Accordingly, based on the said judgement, the Company claimed Rs.154944.48 lakhs towards compensation against the said coal block, acceptance whereof is awaited. The then Nominated Authority, for deciding the amount of compensation, had passed an order, after the above judgement, revising the compensation by a small amount. However, upon an appeal being made by the Company, the said order was set aside by the Hon'ble High Court, with a direction to the Nominated Authority to reconsider the same. The Nominated Authority thereafter passed an order dated November 11, 2019 awarding an additional compensation of Rs. 180.00 lakhs, with a further direction to determine the value of certain assets forming part of the mine infrastructure, liable for compensation in terms of the Ordinance to the Company. Subsequently, the Nominated Authority, appointed a valuer to determine the value of those specified assets and thereafter an another valuer was also appointed for cross verification of certain back-up documents, details and indirect costs related thereto, so that to arrive at the correct valuation for compensation against those assets. Moreover, the Company had also earlier approached the Nominated Authority/Ministry to reconsider the compensation, determined by the previous officer holding charge of office of Nominated Authority, for land and some other major assets and the final compensation thereof is yet to be decided. In the meantime, JSW Steel Limited ('JSW') had been declared as successful bidder for Parbatpur Coal Block in 16th Tranche of Auction Under Coal Mines (Special Provisions) Act, 2015” and vesting order dated June 08, 2023 was issued by the Ministry in their favour. JSW, as being claimed by them, took over the physical possession of said coal block and requested the Company to initiate negotiations for utilization of movable property/ assets used in coal mining. Pursuant to this, the Company has submitted that the matter is still sub-judice and pending decision thereof, it is premature to initiate such negotiations at this stage. On July 15, 2025, the Nominated Authority has passed a Provisional Compensation Order of even date ('Provisional Order') declaring additional compensation of Rs. 47610.62 lakhs against Shaft and Incline and some other Mine Infrastructure and Rs. 2260.31 lakhs against Land aggregating to Rs. 49870.93 lakhs in favour of the Company. Comments/ objections sought by the Nominated Authority from the Company, SAIL and JSW in respect of the Provisional Order have been submitted for their consideration and final order in this respect is awaited as on this date. Meanwhile, as stated above, the Company’s petition before Hon’ble High Court of Delhi, filed in earlier years for determination of the amount of the compensation for the coal block, pertaining to mine infrastructure and land etc., in terms of Coal Mines (Special Provisions) Act, 2015 read with judgement dated March 09, 2017 pronounced by the Hon’ble High Court at Delhi, is also being actively pursued and the same is pending adjudication as on this date. Pending finalisation of the matter as above, no adjustment for the amount of the compensation has been given effect to and various balances pertaining to said mine, as appearing in the books of accounts, have been dealt with as follows: (i) Rs.128884.11 lakhs incurred pertaining to the coal block till March 31, 2015 after setting off income, stocks etc. there against as per the accounting policy then followed by the Company has been continued to be shown as freehold land, capital work in progress, other fixed assets and other respective heads of account; (ii) Interest and other finance cost for the year ended March 31, 2016 against the fund borrowed and other expenses directly attributable in this respect amounting to Rs. 9514.74 lakhs have been considered as other recoverable under current assets; and (iii) Compensation of Rs. 8312.34 lakhs have so far been received. Further net realisations/claims against sale of assets, advances, etc. in this respect aggregates to Rs. 2090.04 lakhs. Bank guarantee amounting to Rs. 920.00 lakhs has been given against the compensation received. Necessary disclosures and adjustments arising with respect to above, pending determination of the claim will be given effect to on the finalisation and acceptance of the amount thereof. 4. (a) The Company holds 19796000 equity shares of Rs. 10/- each in ESL Steel Limited ('ESL') out of which 17334999 equity shares of Rs. 10/- each amounting to Rs. 4059.85 lakhs were pledged with the consortium of lenders of ESL ('lenders'). The notices issued by the lenders for invocation of pledge of company’s investment was set aside by the Hon'ble High Court at Kolkata in the earlier year and the company’s plea for release of such pledge is pending before the said Hon'ble High Court. (b) Further in the earlier years, certain land amounting to Rs. 29493.58 lakhs of the company, situated at Elavur, Tamil Naidu, were mortgaged to another lender SREI Infrastructure Finance Limited ('SREI') of ESL and SREI had subsequently assigned it’s right in the said property to an Asset Reconstruction Company ('ARC') although the claims of the said lender were fully discharged by ESL as per the Resolution Plan approved by Hon'ble National Company Law Tribunal ('NCLT'), Kolkata. Subsequently, the ARC had issued SARAFESI Notice and taken the symbolic possession of the said land. The Company had disputed the alleged assignment of the loan by the lender and as directed by the Hon’ble Supreme Court had filed an application before the Debt Recovery Tribunal ('DRT'), Chennai for setting aside the SARAFESI actions and release of the title deeds of the land which vide order dated April 08, 2022 (uploaded on April 27, 2022) had been dismissed by DRT. On filing the appeal before the Debt Recovery Appellate Tribunal ('DRAT') against the order of DRT, DRAT has directed the Company to deposit 50% of the SARAFESI demand i.e. Rs. 29355.04 lakhs against which revision application under Article 227 of the Indian Constitution and a Writ Application under Article 226 of Indian Constitution has been filed before Hon'ble Madras High Court and the matter is pending before the said court. Earlier, the ARC had also filed an application before the Hon'ble NCLT, Cuttack for initiation of Corporate Insolvency and Resolution Process ('CIRP') against the Company which had been decided in the favour of the Company vide NCLT order dated June 24, 2022 (‘the Order’). The said order on being challenged by ARC has been upheld by Hon'ble National Company Law Tribunal ('NCLAT') vide it’s order dated January 24, 2024 and thereby the order dismissing the application of ARC by NCLT as above stands valid and effective. The judgement of NCLAT has been challenged before Hon’ble Supreme Court of India which is yet to be decided by the said court. (c) Pending finalization of the matter, these assets have been carried forward at their respective book value. 5. During the period, the State Government of West Bengal (‘State Government’) has notified the enactment of the Revocation of West Bengal Incentive Schemes and Obligations in the nature of Grants and Incentive Act, 2025 (‘the Revocation Act’) rescinding, revoking and discontinuing all West Bengal Incentive Schemes including West Bengal Incentive Scheme, 2000 (‘WBIS 2000’) (‘the Scheme’) retrospectively from the date of implementation of the respective scheme. The company is entitled to receive incentive in the form of Industrial Promotion Assistance under WBIS 2000 for the period starting from April 01, 2004 till March 31, 2019 in respect of company’s manufacturing units at Khardah and Haldia and the same as required in terms of WBIS 2000 have been granted to the company. Accordingly, the benefits under the said scheme has accrued to and vested in the company before the enactment of the Revocation Act and Rs. 4680.58 lakhs out of the amount accrued in this respect till June 30, 2017 (pending determination of the amount pertaining to GST Regime for the remaining period till March 31, 2019) is outstanding as on September 30, 2025. The Hon’ble High Court of Calcutta on a petition filed by the company for the claim upto March 31, 2015 vide it’s order dated April 08, 2024 has directed the State Government to pay the amount remaining unpaid under the Scheme and pending receipt of the claim despite the direction of the Hon’ble High Court, the company has filed contempt petition before the said court on August 23, 2024. An another petition claiming the incentive for the remaining period upto June 30, 2017 has also been filed before the said court. During the quarter, the company based on the legal advice has filed a writ petition before the Hon’ble Calcutta High Court challenging the constitutional validity and retrospective applicability of the Revocation Act. The decisions with respect to these petitions are pending adjudication as on this date. Accordingly, the amount of claim accrued in earlier years and outstanding as above being considered good and recoverable has been so carried forward as on September 30, 2025. 6. During the quarter, the company under The West Bengal Sales Tax (Settlement of Dispute) Act, 1999 as amended by the West Bengal Sales Tax (Settlement of Dispute) (Amendment) Act, 2025 (‘SOD’), has availed the settlement in terms of the SOD in respect of demands of Rs. 2762.77 lakhs for Entry Tax (excluding interest and late fee) against the company pertaining to the period from April 01, 2012 to June 30, 2017 and Rs. 2072.38 lakhs has been paid in full and final settlement of these demands. Consequent to this, Rs. 6362.00 lakhs being the resultant additional amount of provision made in earlier years has been written back and included under Other Income. 7. The Company pursuant to Share Purchase Agreement (‘SPA’) entered into with TIS Group S.P.A. has acquired 3000000 equity shares of EURO 1 each of T.I.S. Service S.P.A (TIS) representing 100% shareholding of TIS at an aggregate consideration of EURO 11500000 equivalent to Rs 11470.16 lakhs. The entire consideration has been remitted on July 29, 2025 and therefore TIS has become a wholly owned subsidiary of the company. 8. Previous periods' figures have been regrouped/rearranged wherever necessary. |
|---|
| Debt equity ratio | Short term borrowings + Long term borrowings + Amortization/ Equity Share Capital + Other Equity |
|---|---|
| Debt service coverage ratio | Profit after tax+Depreciation+Interest+/-Deffered Tax/ Total Principal (net of fresh borrowings) and Interest Payments during the period |
| Interest service coverage ratio | Earnings before interest and tax/Interest Expense |
| 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 | Standalone | ||
| Assets | |||
| 1 | Non-current assets | ||
| Property, plant and equipment | 2,96,411.00 | ||
| Capital work-in-progress | 1,18,499.42 | ||
| Investment property | 0.00 | ||
| Goodwill | 0.00 | ||
| Other intangible assets | 3,214.51 | ||
| Intangible assets under development | 0.00 | ||
| Biological assets other than bearer plants | 0.00 | ||
| Investments accounted for using equity method | 22,472.67 | ||
| Non-current financial assets | |||
| Non-current investments | 4,645.71 | ||
| Trade receivables, non-current | 0.00 | ||
| Loans, non-current | 4,166.98 | ||
| Other non-current financial assets | 28,617.86 | ||
| Total non-current financial assets | 37,430.55 | ||
| Deferred tax assets (net) | 882.46 | ||
| Other non-current assets | 438.00 | ||
| Total non-current assets | 4,79,348.61 | ||
| 2 | Current assets | ||
| Inventories | 1,98,961.97 | ||
| Current financial asset | |||
| Current investments | 16,352.90 | ||
| Trade receivables, current | 1,49,648.23 | ||
| Cash and cash equivalents | 6,831.35 | ||
| Bank balance other than cash and cash equivalents | 39,780.61 | ||
| Loans, current | 19,139.54 | ||
| Other current financial assets | 10,119.65 | ||
| Total current financial assets | 2,41,872.28 | ||
| Current tax assets (net) | 0.00 | ||
| Other current assets | 0.00 | ||
| Total current assets | 4,40,834.25 | ||
| 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 | 9,20,182.86 | ||
| Equity and liabilities | |||
| 1 | Equity | ||
| Equity attributable to owners of parent | |||
| Equity share capital | 6,181.84 | ||
| Other equity | 5,64,752.35 | ||
| Total equity attributable to owners of parent | 5,70,934.19 | ||
| Non controlling interest | |||
| Total equity | 5,70,934.19 | ||
| 2 | Liabilities | ||
| Non-current liabilities | |||
| Non-current financial liabilities | |||
| Borrowings, non-current | 16,508.60 | ||
| Trade payables, non-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 | 0.00 | ||
| Total Trade payable | 0.00 | ||
| Other non-current financial liabilities | 25,939.51 | ||
| Total non-current financial liabilities | 42,448.11 | ||
| Provisions, non-current | 4,941.94 | ||
| Deferred tax liabilities (net) | 29,389.63 | ||
| Deferred government grants, Non-current | 0.00 | ||
| Other non-current liabilities | 2,659.19 | ||
| Total non-current liabilities | 79,438.87 | ||
| Current liabilities | |||
| Current financial liabilities | |||
| Borrowings, current | 1,72,595.09 | ||
| Trade payables, current | |||
| (A) Total outstanding dues of micro enterprises and small enterprises | 1,288.82 | ||
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 41,791.87 | ||
| Total Trade payable | 43,080.69 | ||
| Other current financial liabilities | 40,156.61 | ||
| Total current financial liabilities | 2,55,832.39 | ||
| Other current liabilities | 10,977.17 | ||
| Provisions, current | 2,934.24 | ||
| Current tax liabilities (Net) | 66.00 | ||
| Deferred government grants, Current | |||
| Total current liabilities | 2,69,809.80 | ||
| 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 | 3,49,248.67 | ||
| Total equity and liabilites | 9,20,182.86 | ||
| Disclosure of notes on assets and liabilities | Textual Information(1) | ||
| Textual Information(1) | 1. Other intangible asset includes Right of use assets of Rs. 2879.63 lakhs 2.Other non current financial liabilities includes non current lease liabilities of Rs. 1021.74 lakhs 3. Other non current liabilities includes non current tax liabilities (net) of Rs. 2272.23 lakhs 4. Other current financial liabilities includes current lease liabilities of of Rs. 242.09 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 | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| Total Segment Revenue | |||||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | |||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| Total Profit before tax | |||||||
| i. Finance cost | |||||||
| ii. Other Unallocable Expenditure net off Unallocable income | |||||||
| Profit before tax | |||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| Total Segment Asset | |||||||
| Un-allocable Assets | null | null | |||||
| Net Segment Asset | null | null | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | null | null | |||||
| Net Segment Liabilities | null | null | |||||
| Disclosure of notes on segments | |||||||
| 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 | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Remeasurements of the defined benefit plans | -2985000 | -5970000 |
| 2 | Equity instruments through other comprehensive income | 0 | -28704000 |
| Total Amount of items that will not be reclassified to profit and loss | (29.85) | (346.74) | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | (7.51) | (15.02) |
| 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 | (22.34) | (331.72) |
| 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 | Standalone | ||||
| Statement of cash flows | ||||||
| Cash flows from used in operating activities | ||||||
| Profit before tax | 21,895.20 | |||||
| Adjustments for reconcile profit (loss) | ||||||
| Adjustments for finance costs | 6,661.09 | |||||
| Adjustments for decrease (increase) in inventories | (10,574.96) | |||||
| Adjustments for decrease (increase) in trade receivables, current | 24,531.23 | |||||
| Adjustments for decrease (increase) in trade receivables, non-current | 0.00 | |||||
| Adjustments for decrease (increase) in other current assets | 3,448.82 | |||||
| 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 | (9,261.95) | |||||
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | |||||
| Adjustments for increase (decrease) in other current liabilities | 0.00 | |||||
| Adjustments for increase (decrease) in other non-current liabilities | 0.00 | |||||
| Adjustments for depreciation and amortisation expense | 7,410.56 | |||||
| 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 | 0.00 | |||||
| Adjustments for other financial liabilities, non-current | 0.00 | |||||
| Adjustments for unrealised foreign exchange losses gains | (1,785.97) | |||||
| Adjustments for dividend income | 0.00 | |||||
| Adjustments for interest income | 3,980.36 | |||||
| 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 | 0.00 | |||||
| Other adjustments to reconcile profit (loss) | 0.00 | |||||
| Other adjustments for non-cash items | (6,129.65) | |||||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Total adjustments for reconcile profit (loss) | 10,318.81 | |||||
| Net cash flows from (used in) operations | 32,214.01 | |||||
| Dividends received | 0.00 | |||||
| Interest paid | 0.00 | |||||
| Interest received | 0.00 | |||||
| Income taxes paid (refund) | 3,528.08 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) operating activities | 28,685.93 | |||||
| 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 | 11,919.10 | |||||
| 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 | 1,42,292.89 | |||||
| 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 | 1,107.80 | |||||
| Purchase of property, plant and equipment | 6,829.73 | |||||
| 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 | 4,092.20 | |||||
| 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 | 4,416.70 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | 1,34,164.67 | |||||
| Net cash flows from (used in) investing activities | (25,444.75) | |||||
| 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 | 19,428.79 | |||||
| Repayments of borrowings | 11,554.62 | |||||
| Payments of lease liabilities | 141.98 | |||||
| Dividends paid | 8,654.58 | |||||
| Interest paid | 6,492.48 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) financing activities | (7,414.87) | |||||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | (4,173.69) | |||||
| 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 | (4,173.69) | |||||
| Cash and cash equivalents cash flow statement at beginning of period | 11,005.04 | |||||
| Cash and cash equivalents cash flow statement at end of period | 6,831.35 | |||||
Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter) |
| Sr No. | Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken. | ||||||||||||||||||||||||
| Details of the party (listed entity/subsidiary) entering into the transaction | Details of the counterparty | Type of related party transaction | Details of other related party transaction | Value of the related party transaction as approved by the audit committee | Remarks on approval by audit committee | Value of the related party transaction ratified by the audit committee | Date of Audit Committee Meeting where the ratification was approved | Value of transaction during the reporting period | In case monies are due to either party as a result of the transaction | In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments | Details of the loans, inter-corporate deposits, advances or investments | Notes | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Name | PAN | Name | PAN | Relationship of the counterparty with the listed entity or its subsidiary | Opening balance | Closing balance | Nature of indebtedness (loan/ issuance of debt/ any other etc.) | Details of other indebtedness | Cost | Tenure | Nature (loan/ advance/ intercorporate deposit/ investment ) | Interest Rate (%) | Tenure | Secured/ unsecured | Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage) | ||||||||||
| 1 | Electrosteel Castings Limited | Electrosteel Europe SA | Subsidiary | Sale of goods or services | 95,000.00 | Approved | 30,194.73 | 40,445.79 | 43,210.42 | ||||||||||||||||
| 2 | Electrosteel Castings Limited | Electrosteel Castings (UK) Limited | Subsidiary | Sale of goods or services | 30,000.00 | Approved | 6,051.96 | 6,694.08 | 7,795.16 | ||||||||||||||||
| 3 | Electrosteel Castings Limited | Electrosteel USA, LLC | Subsidiary | Sale of goods or services | 20,000.00 | Approved | 4,189.84 | 7,552.79 | 7,570.80 | ||||||||||||||||
| 4 | Electrosteel Castings Limited | Electrosteel Castings Gulf FZE | Subsidiary | Sale of goods or services | 4,000.00 | Approved | 1,032.14 | 1,672.59 | 1,043.01 | ||||||||||||||||
| 5 | Electrosteel Castings Limited | Electrosteel Bahrain Trading WLL | Subsidiary | Sale of goods or services | 15,000.00 | Approved | 6,824.89 | 6,545.24 | 6,028.35 | ||||||||||||||||
| 6 | Electrosteel Castings Limited | Electrosteel Doha for Trading LLC | Subsidiary | Sale of goods or services | 5,000.00 | Approved | 384.90 | (1,027.06) | (1,373.08) | ||||||||||||||||
| 7 | Electrosteel Castings Limited | Singardo International Pte Ltd. | Subsidiary | Sale of goods or services | 4,550.00 | Approved | 1,144.95 | 1,217.17 | 868.05 | ||||||||||||||||
| 8 | Electrosteel Castings Limited | Mr. Umang Kejriwal | KMP - Managing Director | Remuneration | 507.97 | Approved | 153.50 | 124.21 | 11.30 | ||||||||||||||||
| 9 | Electrosteel Castings Limited | Mr. Mayank Kejriwal | KMP - Joint Managing Director | Remuneration | 506.83 | Approved | 153.70 | 125.94 | 11.30 | ||||||||||||||||
| 10 | Electrosteel Castings Limited | Mr. Uddhav Kejriwal | KMP - Wholetime Director | Remuneration | 211.43 | Approved | 104.16 | 133.48 | 7.73 | ||||||||||||||||
| 11 | Electrosteel Castings Limited | Mr. Sunil Katial | KMP - Chief Executive Officer & Wholetime Director | Remuneration | 307.57 | Approved | 164.55 | 14.11 | 9.63 | ||||||||||||||||
| 12 | Electrosteel Castings Limited | Mr. Ashutosh Agarwal | KMP - Wholetime Director & Chief Financial Officer | Remuneration | 201.47 | Approved | 112.66 | 8.96 | 8.58 | ||||||||||||||||
| 13 | Electrosteel Castings Limited | Ms.Priya Manjari Todi | KMP - Wholetime Director | Remuneration | 185.68 | Approved | 100.51 | 9.10 | 9.53 | ||||||||||||||||
| 14 | Electrosteel Castings Limited | Ms. Radha Kejriwal Agarwal | KMP - Wholetime Director | Remuneration | 47.11 | Approved | 27.27 | 2.54 | 2.53 | ||||||||||||||||
| 15 | Electrosteel Castings Limited | Mr. Madhav Kejriwal | KMP - Wholetime Director | Remuneration | 174.97 | Approved | 98.04 | 8.87 | 9.24 | ||||||||||||||||
| 16 | Electrosteel Castings Limited | Ms. Nityangi Kejriwal Jaiswal | KMP - Wholetime Director | Remuneration | 174.97 | Approved | 98.04 | 8.61 | 8.97 | ||||||||||||||||
| 17 | Electrosteel Castings Limited | Mr. Indranil Mitra | KMP - Company Secretory | Remuneration | 45.00 | Approved | 21.28 | 2.75 | 2.10 | ||||||||||||||||
| 18 | Electrosteel Castings Limited | Dr. Mohua Banerjee | Independent Director | Remuneration | 15.00 | Approved | 2.90 | 9.00 | 0.00 | ||||||||||||||||
| 19 | Electrosteel Castings Limited | Mr. Vyas Mitre Ralli | Independent Director | Remuneration | 15.00 | Approved | 2.90 | 9.00 | 0.00 | ||||||||||||||||
| 20 | Electrosteel Castings Limited | Mr. Amrendra Prasad Verma | Independent Director | Remuneration | 15.00 | Approved | 2.70 | 9.00 | 0.00 | ||||||||||||||||
| 21 | Electrosteel Castings Limited | Mr Rajkumar Khanna | Independent Director | Remuneration | 15.00 | Approved | 3.10 | 9.00 | 0.00 | ||||||||||||||||
| 22 | Electrosteel Castings Limited | Mr. Bal Kishan Choudhury | Independent Director | Remuneration | 15.00 | Approved | 1.90 | 9.00 | 0.00 | ||||||||||||||||
| 23 | Electrosteel Castings Limited | Mr Virendra Sinha | Independent Director | Remuneration | 15.00 | Approved | 1.70 | 9.00 | 0.00 | ||||||||||||||||
| 24 | Electrosteel Castings Limited | Mr. Jinendra Kumar Jain | Independent Director | Remuneration | 15.00 | Approved | 3.70 | 9.00 | 0.00 | ||||||||||||||||
| 25 | Electrosteel Castings Limited | Mr. Ajay Kumar | Independent Director | Remuneration | 15.00 | Approved | 0.70 | 9.00 | 0.00 | ||||||||||||||||
| 26 | Electrosteel Castings Limited | Ms. Sangeeta Singh | Independent Director | Remuneration | 15.00 | Approved | 1.50 | 10.35 | 0.00 | ||||||||||||||||
| 27 | Electrosteel Castings Limited | Wilcox Merchants Pvt. Ltd. | Relative of KMP is a Director and Member of the Related party | Any other transaction | Rent Paid | 100.00 | Approved | 40.97 | 0.00 | 0.00 | |||||||||||||||
| 28 | Electrosteel Castings Limited | Tulsi Highrise Private Limited | KMP is Director and Member of the Related Party | Any other transaction | Rent Paid | 120.00 | Approved | 59.24 | 0.00 | 0.00 | |||||||||||||||
| 29 | Electrosteel Castings Limited | Sri Gopal Investments Ventures Ltd | KMP is Director and Member of the Related Party | Any other transaction | Rent Paid | 25.41 | Approved | 0.00 | 0.00 | 0.00 | |||||||||||||||
| 30 | Electrosteel Castings Limited | Sree Khemisati Constructions Private Limited | KMP is Director of the Related Party | Any other transaction | Rent Paid | 65.00 | Approved | 30.60 | 0.00 | 0.00 | |||||||||||||||
| 31 | Electrosteel Castings Limited | Badrinath Industries Limited | KMP is Director of the Related Party | Any other transaction | Rent Paid | 32.00 | Approved | 5.00 | 0.00 | 0.00 | |||||||||||||||
| 32 | Electrosteel Castings Limited | Global Exports Ltd. | KMP is Director of the Related Party | Any other transaction | Service Charges Paid | 35.00 | Approved | 16.46 | 0.00 | 0.00 | |||||||||||||||
| 33 | Electrosteel Castings Limited | Sree Khemisati Constructions Private Limited | KMP is Director of the Related Party | Any other transaction | Service Charges Paid | 475.00 | Approved | 218.71 | 2.73 | 0.00 | |||||||||||||||
| 34 | Electrosteel Castings Limited | Global Exports Ltd. | KMP is Director of the Related Party | Any other transaction | Service Charges Paid | 110.00 | Approved | 45.00 | 0.00 | 0.00 | |||||||||||||||
| 35 | Electrosteel Castings Limited | Sri Gopal Investments Ventures Ltd | KMP is Director and Member of the Related Party | Any other transaction | Service Charges Paid | 5.00 | Approved | 1.22 | 0.16 | 0.00 | |||||||||||||||
| 36 | Electrosteel Castings Limited | EVE Technologies Pvt. Ltd | Relative of KMP is a Director and Member of the Related party | Any other transaction | Service Charges Paid | 15.00 | Approved | 3.54 | 1.94 | 1.94 | |||||||||||||||
| 37 | Electrosteel Castings Limited | Electrosteel USA, LLC | Subsidiary | Any other transaction | Service Charges Received | 150.00 | Approved | 0.00 | 0.00 | 0.00 | |||||||||||||||
| 38 | Electrosteel Castings Limited | T.I.S. Services SPA | Subsidiary | Loan | 4,092.20 | Approved | 4,092.20 | 0.00 | 4,092.20 | ||||||||||||||||
| 39 | Electrosteel Castings Limited | T.I.S. Services SPA | Subsidiary | Interest received | 22.60 | Approved | 22.60 | 0.00 | 22.60 | ||||||||||||||||
| 40 | Electrosteel Castings Limited | Electrosteel Europe SA | Subsidiary | Any other transaction | Reimbursement of expenses paid | 500.00 | Approved | 0.00 | 0.00 | 0.00 | |||||||||||||||
| 41 | Electrosteel Castings Limited | Electrosteel Bahrain Trading WLL | Subsidiary | Any other transaction | Reimbursement of expenses paid | 20.00 | Approved | 0.00 | 0.00 | 0.00 | |||||||||||||||
| 42 | Electrosteel Castings Limited | Singardo International Pte Ltd. | Subsidiary | Any other transaction | Reimbursement of expenses paid | 39.00 | Approved | 0.00 | 0.00 | 0.00 | |||||||||||||||
| 43 | Electrosteel Castings Limited | Electrosteel Europe SA | Subsidiary | Any other transaction | Corporate Guarantee | 3,500.00 | Approved | 0.00 | 0.00 | 0.00 | |||||||||||||||
| 44 | Electrosteel Castings Limited | Electrosteel Algeria SPA | Subsidiary | Any other transaction | Standby Letter of Credit(SBLC) | 1,200.00 | Approved | 0.00 | 235.04 | 242.54 | |||||||||||||||
| 45 | Electrosteel Castings Limited | Electrosteel USA, LLC | Subsidiary | Any other transaction | Standby Letter of Credit(SBLC) | 6,750.00 | Approved | 0.00 | 5,982.90 | 6,173.65 | |||||||||||||||
| 46 | Electrosteel Castings Limited | Electrosteel Castings Gulf FZE | Subsidiary | Any other transaction | Commission paid | 1,000.00 | Approved | 0.00 | 0.00 | 0.00 | |||||||||||||||
| 47 | Electrosteel Castings Limited | Electrosteel Castings Gulf FZE | Subsidiary | Any other transaction | Commission paid | 500.00 | Approved | 16.19 | 18.53 | 16.65 | |||||||||||||||
| 48 | Electrosteel Castings Limited | Electrosteel USA, LLC | Subsidiary | Any other transaction | Commission paid | 100.00 | Approved | 0.00 | 0.00 | 0.00 | |||||||||||||||
| 49 | Electrosteel Castings Limited | Electrosteel Algeria SPA | Subsidiary | Any other transaction | Security Deposit | 50.00 | Approved | 47.73 | 0.00 | 47.73 | |||||||||||||||
| 50 | Electrosteel Castings Limited | Tulsi Highrise Private Limited | KMP is Director and Member of the Related Party | Any other transaction | Security Deposit | 0.00 | Approved | 0.00 | 285.00 | 285.00 | |||||||||||||||
| 51 | Electrosteel Castings Limited | Wilcox Merchants Pvt. Ltd. | Relative of KMP is a Director and Member of the Related party | Any other transaction | Security Deposit | 0.00 | Approved | 0.00 | 272.50 | 272.50 | |||||||||||||||
| 52 | Electrosteel Castings Limited | Electrosteel Thermal Coal Ltd | KMP is a member of the Related party | Any other transaction | Security Deposit | 10.00 | Approved | 0.00 | 192.62 | 192.62 | |||||||||||||||
| 53 | Electrosteel Castings Limited | Global Exports Ltd. | KMP is Director of the Related Party | Any other transaction | Security Deposit | 0.00 | Approved | 0.00 | 15.00 | 15.00 | |||||||||||||||
| 54 | Electrosteel Castings Limited | Badrinath Industries Limited | KMP is Director of the Related Party | Any other transaction | Security Deposit | 0.00 | Approved | 0.00 | 0.30 | 0.30 | |||||||||||||||
| 55 | Electrosteel Castings Limited | Ms. Priya Sakhi Kejriwal Mehta | Relative of KMP | Any other transaction | Other Expenses | 15.00 | Approved | 0.00 | 0.00 | 0.00 | |||||||||||||||
| 56 | Electrosteel Castings Limited | Electrosteel Doha for Trading LLC | Subsidiary | Dividend received | 1,000.00 | Approved | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| 57 | Electrosteel Castings Limited | Electrosteel Castings Gulf FZE | Subsidiary | Dividend received | 1,000.00 | Approved | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| 58 | Electrosteel Doha for Trading LLC | Electrosteel Castings Gulf FZE | Subsidiary | Purchase of goods or services | 500.00 | Approved | 0.00 | (285.12) | 0.00 | ||||||||||||||||
| 59 | Electrosteel Doha for Trading LLC | Electrosteel Bahrain Trading WLL | Subsidiary | Purchase of goods or services | 200.00 | Approved | 64.17 | 0.00 | 65.87 | ||||||||||||||||
| 60 | Electrosteel Doha for Trading LLC | Electrosteel Europe SA | Subsidiary | Interest received | 30.00 | Approved | 15.16 | 7.47 | 7.79 | ||||||||||||||||
| 61 | Electrosteel Doha for Trading LLC | Electrosteel Europe SA | Subsidiary | Loan | 0.00 | Approved | 0.00 | 853.65 | 889.95 | ||||||||||||||||
| 62 | Electrosteel Bahrain Trading WLL | Electrosteel Castings Gulf FZE | Subsidiary | Sale of goods or services | 200.00 | Approved | 27.55 | 0.00 | 28.28 | ||||||||||||||||
| 63 | Electrosteel Bahrain Trading WLL | Electrosteel Castings (UK) Limited | Subsidiary | Sale of goods or services | 600.00 | Approved | 0.00 | 13.31 | 13.82 | ||||||||||||||||
| 64 | Electrosteel Bahrain Trading WLL | Electrosteel Castings Gulf FZE | Subsidiary | Interest paid | 40.00 | Approved | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| 65 | Electrosteel Bahrain Trading WLL | Electrosteel Castings Gulf FZE | Subsidiary | Loan | 1,000.00 | Approved | 0.00 | 0.00 | 0.00 | ||||||||||||||||
| Total value of transaction during the reporting period | 55,584.56 | ||||||||||||||||||||||||