| Scrip Code | 526608 |
|---|---|
| NSE Symbol | ELECTHERM |
| MSEI Symbol | NOTLISTED |
| ISIN | INE822G01016 |
| Name of company | ELECTROTHERM (INDIA) 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 | 01-11-2025 |
| 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 | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 10-11-2025 16:15:00 |
| End date and time of board meeting | 10-11-2025 18:15:00 |
| 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 | 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 | 20-05-2025 |
| Indicate Company website link for updated RPT policy of the Company | www.electrotherm.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? | Yes |
| 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 | 81,426.00 | 1,64,831.00 | |
| Other income | 133.00 | 210.00 | |
| Total income | 81,559.00 | 1,65,041.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 58,965.00 | 1,23,564.00 |
| (b) | Purchases of stock-in-trade | 0.00 | 19.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 390.00 | (6,593.00) |
| (d) | Employee benefit expense | 5,811.00 | 10,900.00 |
| (e) | Finance costs | 718.00 | 1,537.00 |
| (f) | Depreciation, depletion and amortisation expense | 1,054.00 | 2,111.00 |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 17,473.00 | 32,980.00 |
| Total other expenses | 17,473.00 | 32,980.00 | |
| Total expenses | 84,411.00 | 1,64,518.00 | |
| 3 | Total profit before exceptional items and tax | (2,852.00) | 523.00 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | (2,852.00) | 523.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 0.00 | 0.00 |
| 8 | Deferred tax | (681.00) | (74.00) |
| 9 | Total tax expenses | (681.00) | (74.00) |
| 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 | (2,171.00) | 597.00 |
| 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 | (2,171.00) | 597.00 |
| 17 | Other comprehensive income net of taxes | (69.00) | (139.00) |
| 18 | Total Comprehensive Income for the period | (2,240.00) | 458.00 |
| 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 | 1,274.00 | 1,274.00 | |
| 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 | -17.04 | 4.68 | |
| Diluted earnings (loss) per share from continuing operations | -17.04 | 4.68 | |
| 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 | -17.04 | 4.68 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | -17.04 | 4.68 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 1. The above Standalone Financial Results of Electrotherm (India) Limited (the “Company”) for quarter and half year ended September 30, 2025 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on November 10, 2025. 2. As per Ind AS 108 Operating Segments, if a financial report contains both consolidated financial statements and the standalone financial statements of the Parent Company, segment information may be presented based on the consolidated financial statements. Thus, disclosure required by Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 on segment information is given in consolidated financial results. 4. Few accounts of “Trade Receivables,” “Trade Payable”, “Advances from Customer’, Advances Recoverable in Cash or Kind”, “Advances to suppliers and other parties”, including very old balances, are subject to confirmation/reconciliation. The balance with revenue authorities are subject to final assessment order and/or submission of returns. 5. There are pending enquiries / notices / summons / litigation / recovery / fraud proceedings against the company and directors of the company before Debts Recovery Tribunal, Central Bureau of Investigation, Directorate of Enforcement, Regional Director of Ministry of Corporate Affairs, Direct Tax, Indirect Tax Department (Ahmedabad and Mumbai) and various courts. 6. Figure of previous period’s have been regrouped, wherever considered necessary to make them comparable to current period figure. |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| 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 | 60,808.00 | ||
| Capital work-in-progress | 11,439.00 | ||
| Investment property | 0.00 | ||
| Goodwill | 0.00 | ||
| Other intangible assets | 516.00 | ||
| 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 | 1,008.00 | ||
| Trade receivables, non-current | 0.00 | ||
| Loans, non-current | 0.00 | ||
| Other non-current financial assets | 2,882.00 | ||
| Total non-current financial assets | 3,890.00 | ||
| Deferred tax assets (net) | 3,288.00 | ||
| Other non-current assets | 1,030.00 | ||
| Total non-current assets | 80,971.00 | ||
| 2 | Current assets | ||
| Inventories | 66,678.00 | ||
| Current financial asset | |||
| Current investments | 5.00 | ||
| Trade receivables, current | 19,005.00 | ||
| Cash and cash equivalents | 1,898.00 | ||
| Bank balance other than cash and cash equivalents | 5,941.00 | ||
| Loans, current | 0.00 | ||
| Other current financial assets | 57.00 | ||
| Total current financial assets | 26,906.00 | ||
| Current tax assets (net) | 1,314.00 | ||
| Other current assets | 19,405.00 | ||
| Total current assets | 1,14,303.00 | ||
| 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 | 1,95,274.00 | ||
| Equity and liabilities | |||
| 1 | Equity | ||
| Equity attributable to owners of parent | |||
| Equity share capital | 1,274.00 | ||
| Other equity | (12,159.00) | ||
| Total equity attributable to owners of parent | (10,885.00) | ||
| Non controlling interest | |||
| Total equity | (10,885.00) | ||
| 2 | Liabilities | ||
| Non-current liabilities | |||
| Non-current financial liabilities | |||
| Borrowings, non-current | 32,126.00 | ||
| 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 | 0.00 | ||
| Total non-current financial liabilities | 32,126.00 | ||
| Provisions, non-current | 2,960.00 | ||
| Deferred tax liabilities (net) | 0.00 | ||
| Deferred government grants, Non-current | 0.00 | ||
| Other non-current liabilities | 167.00 | ||
| Total non-current liabilities | 35,253.00 | ||
| Current liabilities | |||
| Current financial liabilities | |||
| Borrowings, current | 78,244.00 | ||
| Trade payables, current | |||
| (A) Total outstanding dues of micro enterprises and small enterprises | 12,181.00 | ||
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 42,325.00 | ||
| Total Trade payable | 54,506.00 | ||
| Other current financial liabilities | 1,830.00 | ||
| Total current financial liabilities | 1,34,580.00 | ||
| Other current liabilities | 33,265.00 | ||
| Provisions, current | 3,061.00 | ||
| Current tax liabilities (Net) | 0.00 | ||
| Deferred government grants, Current | 0.00 | ||
| Total current liabilities | 1,70,906.00 | ||
| 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 | 2,06,159.00 | ||
| Total equity and liabilites | 1,95,274.00 | ||
| Disclosure of notes on assets and liabilities | Textual Information(1) | ||
| Textual Information(1) | 3. (a) During the quarter ended March 31, 2025, the Company had fully repaid the principal amount and made a partial payment of Rs. 2.50 crores towards interest in accordance with the settlement terms agreed with Rare Asset Reconstruction Limited (assignee of Dena Bank). Subsequently, during the quarter ended June 30, 2025, the Company settled the remaining default interest amount of Rs. 3.19 crores. The Company is presently in the process of reconciling all loan accounts with Rare Asset Reconstruction Limited and obtaining the No Dues Certificate. Accordingly, the final accounting treatment of the said liability will be determined and given upon completion of the reconciliation process and receipt of the No Dues Certificate. (b) During the quarter and half year ended September 30, 2025, the Company defaulted in repayment of the installment of Rs 8.00 crores and interest thereon amounting to Rs 2.45 crores, due to Invent Assets Securitisation & Reconstruction Private Limited (assignee of debts of Allahabad Bank, now Indian Bank, and Punjab National Bank). Subsequently, the Company requested the lender to reschedule the said payments, and the lender has agreed to such rescheduling, subject to payment of interest at 11% per annum, with the condition that the entire dues be cleared by December 31, 2025 (c) In respect of the above loan, as per the terms of the settlement of loans, any default thereof, would result in withdrawal of the settlement and reinstatement of all dues and liabilities under the original loan agreement. Since the Company has paid the entire principal and interest as stipulated, it anticipates that no further liability will arise under the original loan terms. The impact of debt reduction arising from the settlement with the Asset Reconstruction Company will be recognized upon full compliance with all conditions of the settlement agreements and completion of the requisite formalities. |
|---|
| 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) | |||||||
| 1 | Not Applicable | 0.00 | 0.00 | ||||
| Total Segment Revenue | 0.00 | 0.00 | |||||
| Less: Inter segment revenue | 0.00 | 0.00 | |||||
| Revenue from operations | 0.00 | 0.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Not Applicable | 0.00 | 0.00 | ||||
| Total Profit before tax | 0.00 | 0.00 | |||||
| i. Finance cost | 0.00 | 0.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | 0.00 | 0.00 | |||||
| Profit before tax | 0.00 | 0.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Not Applicable | 0.00 | 0.00 | ||||
| Total Segment Asset | 0.00 | 0.00 | |||||
| Un-allocable Assets | 0.00 | 0.00 | |||||
| Net Segment Asset | 0.00 | 0.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Not Applicable | 0.00 | 0.00 | ||||
| Total Segment Liabilities | 0.00 | 0.00 | |||||
| Un-allocable Liabilities | 0.00 | 0.00 | |||||
| Net Segment Liabilities | 0.00 | 0.00 | |||||
| Disclosure of notes on segments | Textual Information(2) | ||||||
| Textual Information(2) | 3. (d) Indian Overseas Bank had classified the loan account of the Company as a Non-Performing Asset (NPA) in August 2011 for a defaulted amount of Rs 183.95 crore (after adjustment of amount recovered / paid by the Company). This loan was subsequently assigned to Rare Asset Reconstruction Limited (Rare ARC). However, as of the date of this report, the Company has not entered into any settlement agreement with Rare ARC. Further, the Hon’ble Debt Recovery Tribunal (DRT), Ahmedabad, had passed a judgment dated September 20,2018 against the Company and the guarantors for the recovery of dues, along with future interest at the rate of 12.75% per annum with monthly rests. The Company has not provided for interest expenses on the said loan for the quarter and half year ended September 30, 2025, amounting to Rs 36.79 crore and Rs 72.43 crore respectively. As a result, the net loss for the quarter ended September 30, 2025 is understated by Rs 36.79 Crore and net result for the half year ended September 30, 2025, is overstated by Rs 72.43 crore. Consequently, the total liability towards Rare ARC and the retained earnings/(loss) as on September 30, 2025, are understated by Rs 988.94 crore. The Statutory Auditor has expressed a qualification in their audit report with respect to the non-provision of interest on the said loan. |
|---|
| 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 | Remeasurement Gain/(Loss) on Defined Benefit Plans | -6900000 | -13900000 |
| Total Amount of items that will not be reclassified to profit and loss | (69.00) | (139.00) | |
| 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 | (69.00) | (139.00) |
| 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 | 523.00 | |||||
| Adjustments for reconcile profit (loss) | ||||||
| Adjustments for finance costs | 1,409.00 | |||||
| Adjustments for decrease (increase) in inventories | (7,421.00) | |||||
| Adjustments for decrease (increase) in trade receivables, current | 5,946.00 | |||||
| Adjustments for decrease (increase) in trade receivables, non-current | 0.00 | |||||
| Adjustments for decrease (increase) in other current assets | (248.00) | |||||
| 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 | 8,701.00 | |||||
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | |||||
| Adjustments for increase (decrease) in other current liabilities | 6,875.00 | |||||
| Adjustments for increase (decrease) in other non-current liabilities | 0.00 | |||||
| Adjustments for depreciation and amortisation expense | 2,111.00 | |||||
| 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 | 641.00 | |||||
| Adjustments for other financial liabilities, current | (257.00) | |||||
| Adjustments for other financial liabilities, non-current | 0.00 | |||||
| Adjustments for unrealised foreign exchange losses gains | (338.00) | |||||
| Adjustments for dividend income | 0.00 | |||||
| Adjustments for interest income | 0.00 | |||||
| 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 | (1,160.00) | |||||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Total adjustments for reconcile profit (loss) | 16,259.00 | |||||
| Net cash flows from (used in) operations | 16,782.00 | |||||
| Dividends received | 0.00 | |||||
| Interest paid | 0.00 | |||||
| Interest received | 0.00 | |||||
| Income taxes paid (refund) | 131.00 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) operating activities | 16,651.00 | |||||
| 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 | 2,802.00 | |||||
| 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 | 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 | 188.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | 567.00 | |||||
| Net cash flows from (used in) investing activities | (2,047.00) | |||||
| 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 | 0.00 | |||||
| Repayments of borrowings | 11,601.00 | |||||
| Payments of lease liabilities | 84.00 | |||||
| Dividends paid | 0.00 | |||||
| Interest paid | 1,899.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) financing activities | (13,584.00) | |||||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | 1,020.00 | |||||
| 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 | 1,020.00 | |||||
| Cash and cash equivalents cash flow statement at beginning of period | 879.00 | |||||
| Cash and cash equivalents cash flow statement at end of period | 1,899.00 | |||||
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 | Electrotherm (India) Limited | Jinhua Indus Enterprises Ltd. | Wholly Owned Subsidiary | Advance | 0 | 0.00 | 95.00 | 95.00 | |||||||||||||||||
| 2 | Electrotherm (India) Limited | Shree Ram Electro Cast Limited | Subsidiary Company | Advance | 0 | 0.00 | 179.00 | 179.00 | |||||||||||||||||
| 3 | Electrotherm (India) Limited | Hans Ispat Ltd. | Wholly Owned Subsidiary | Any other transaction | Expected Credit Loss | 0 | 0.00 | 6,324.00 | 6,324.00 | ||||||||||||||||
| 4 | Electrotherm (India) Limited | Hans Ispat Ltd. | Wholly Owned Subsidiary | Any other transaction | Impairment /Provision (Investment) | 0 | 0.00 | 3,646.00 | 3,646.00 | ||||||||||||||||
| 5 | Electrotherm (India) Limited | Hans Ispat Ltd. | Wholly Owned Subsidiary | Advance | 0 | 0.00 | 6,400.00 | 6,400.00 | |||||||||||||||||
| 6 | Electrotherm (India) Limited | Electrotherm Services Limited | Wholly Owned Subsidiary | Any other transaction | Trade Payable | 0 | 0.00 | 2.00 | 2.00 | ||||||||||||||||
| 7 | Electrotherm (India) Limited | Electrotherm Services Limited | Wholly Owned Subsidiary | Loan | 0 | 0.00 | 418.00 | 418.00 | |||||||||||||||||
| 8 | Electrotherm (India) Limited | Electrotherm Services Limited | Wholly Owned Subsidiary | Any other transaction | Impairment /Provision (Loan) | 0 | 0.00 | 418.00 | 418.00 | ||||||||||||||||
| 9 | Electrotherm (India) Limited | Etain Renewables Limited | Enterprises owned or significantly influenced by Key Managerial Personnel or other relarives | Any other transaction | Trade Receivables | 0 | 0.00 | 226.00 | 226.00 | ||||||||||||||||
| 10 | Electrotherm (India) Limited | Etain Renewables Limited | Enterprises owned or significantly influenced by Key Managerial Personnel or other relarives | Advance | 0 | 0.00 | 4.00 | 4.00 | |||||||||||||||||
| 11 | Electrotherm (India) Limited | EIL Software Services Private Limited | Enterprises owned or significantly influenced by Key Managerial Personnel or other relarives | Any other transaction | Short Term Borrowings | 0 | 0.00 | 175.00 | 175.00 | ||||||||||||||||
| 12 | Electrotherm (India) Limited | Bhandari Charitable Trust | Enterprises owned or significantly influenced by Key Managerial Personnel or other relarives | Any other transaction | Trade Receivables | 0 | 0.00 | 220.00 | 220.00 | ||||||||||||||||
| 13 | Electrotherm (India) Limited | Prandev Tech Limited (Formerly known as Electrotherm Tech Limited) | Enterprises owned or significantly influenced by Key Managerial Personnel or other relarives | Any other transaction | Trade Receivables | 0 | 0.00 | 346.00 | 346.00 | ||||||||||||||||
| 14 | Electrotherm (India) Limited | Prandev Tech Limited (Formerly known as Electrotherm Tech Limited) | Enterprises owned or significantly influenced by Key Managerial Personnel or other relarives | Advance | 0 | 0.00 | 9.00 | 9.00 | |||||||||||||||||
| 15 | Electrotherm (India) Limited | Prandev Tech Limited (Formerly known as Electrotherm Tech Limited) | Enterprises owned or significantly influenced by Key Managerial Personnel or other relarives | Any other transaction | Management Consulting Fees | 0 | 313.00 | 0.00 | 29.00 | ||||||||||||||||
| 16 | Electrotherm (India) Limited | ETAIN Electric Vehicles Limited | Enterprises owned or significantly influenced by Key Managerial Personnel or other relarives | Any other transaction | Trade Receivables | 0 | 0.00 | 176.00 | 176.00 | ||||||||||||||||
| 17 | Electrotherm (India) Limited | ETAIN Electric Vehicles Limited | Enterprises owned or significantly influenced by Key Managerial Personnel or other relarives | Advance | 0 | 0.00 | 1.00 | 1.00 | |||||||||||||||||
| 18 | Electrotherm (India) Limited | Shailesh Bhandari | Executive Vice Chairman | Any other transaction | Lease Liabilities | 0 | 15.00 | 15.00 | 0.00 | ||||||||||||||||
| 19 | Electrotherm (India) Limited | Mukesh Bhandari | Promoter & Brother of Executive Vice Chairman | Any other transaction | Interest Expenses on Lease/Lease Liabilities | 0 | 0.00 | 26.00 | 26.00 | ||||||||||||||||
| 20 | Electrotherm (India) Limited | Shailesh Bhandari | Executive Vice Chairman | Any other transaction | Rent Expenses | 0 | 3.00 | 1.00 | 1.00 | ||||||||||||||||
| 21 | Electrotherm (India) Limited | Mukesh Bhandari | Promoter & Brother of Executive Vice Chairman | Any other transaction | Short Term Borrowings | 0 | 0.00 | 24.00 | 24.00 | ||||||||||||||||
| 22 | Electrotherm (India) Limited | Amit Kumar Patwarika | Chief Financial Officer | Remuneration | 0 | 19.00 | 2.00 | 2.00 | |||||||||||||||||
| 23 | Electrotherm (India) Limited | Harish Mukati | Chief Executive Officer - Steel Division | Remuneration | 0 | 69.00 | 6.00 | 4.00 | |||||||||||||||||
| 24 | Electrotherm (India) Limited | Fageshkumar R. Soni | Company Secretary | Remuneration | 0 | 12.00 | 1.00 | 2.00 | |||||||||||||||||
| 25 | Electrotherm (India) Limited | Dinesh Shankar Mukati | Independent Director | Any other transaction | Sitting Fees | 0 | 7.00 | 0.00 | 0.00 | ||||||||||||||||
| 26 | Electrotherm (India) Limited | Pratap Mohan | Independent Director | Any other transaction | Sitting Fees | 0 | 7.00 | 0.00 | 0.00 | ||||||||||||||||
| 27 | Electrotherm (India) Limited | Nivedita Ravindra Sarda | Independent Director | Any other transaction | Sitting Fees | 0 | 7.00 | 0.00 | 0.00 | ||||||||||||||||
| 28 | Electrotherm (India) Limited | Jyoti Bhandari | Wife of Brother of Executive Vice Chairman | Any other transaction | Short Term Borrowings | 0 | 0.00 | 15.00 | 15.00 | ||||||||||||||||
| 29 | Electrotherm (India) Limited | Jyoti Bhandari | Wife of Brother of Executive Vice Chairman | Any other transaction | Lease Liabilities | 0 | 0.00 | 5.00 | 5.00 | ||||||||||||||||
| 30 | Electrotherm (India) Limited | Rakesh Bhandari | Brother of Executive Vice Chairman | Any other transaction | Short Term Borrowings | 0 | 0.00 | 2.00 | 2.00 | ||||||||||||||||
| 31 | Electrotherm (India) Limited | Bhaskarpara Coal Company Limited | Joint Venture Company | Any other transaction | Impairment /Provision (Investment) | 0 | 0.00 | 213.00 | 213.00 | ||||||||||||||||
| 32 | Electrotherm (India) Limited | Alwar Trading & Investment Co. | Enterprises owned or significantly influenced by Key Managerial Personnel or other relarives | Any other transaction | Rent Expenses | 0 | 9.00 | 69.00 | 63.00 | ||||||||||||||||
| 33 | Electrotherm (India) Limited | Sun Residency Private Limited | Enterprises owned or significantly influenced by Key Managerial Personnel or other relarives | Any other transaction | Rent Expenses | 0 | 4.00 | 31.00 | 24.00 | ||||||||||||||||
| 34 | Electrotherm (India) Limited | ARVINDBHAI STEEL PRIVATE LIMITED | Enterprises owned or significantly influenced by Key Managerial Personnel or other relarives | Purchase of goods or services | 0 | 9,888.00 | 0.00 | 1,830.00 | |||||||||||||||||
| 35 | Electrotherm (India) Limited | ARVINDBHAI STEEL PRIVATE LIMITED | Enterprises owned or significantly influenced by Key Managerial Personnel or other relarives | Sale of goods or services | 0 | 418.00 | 0.00 | (5.00) | |||||||||||||||||
| 36 | Electrotherm (India) Limited | House of Amit Zaveri (OPC) Private Ltd. | Enterprises owned or significantly influenced by Key Managerial Personnel or other relarives | Purchase of goods or services | 0 | 1,416.00 | (1,331.00) | 0.00 | |||||||||||||||||
| 37 | Electrotherm (India) Limited | House of Amit Zaveri (OPC) Private Ltd. | Enterprises owned or significantly influenced by Key Managerial Personnel or other relarives | Sale of goods or services | 0 | 2,277.00 | (7.00) | 3.00 | |||||||||||||||||
| Total value of transaction during the reporting period | 14,464.00 | ||||||||||||||||||||||||
| Sr. No. | Particulars | Amount | Remarks |
| 1. | Loans / revolving facilities like cash credit from banks / financial institutions | ||
| A | Total amount outstanding as on date | 1,09,166.00 | 1) The amount is as at 30th September, 2025 as per books of the Company on provisional basis and is subject to confirmation from lender. 2) The Company has defaulted in repayment of loans to Financial Institutions as certain banks have assigned their loans / debts to Assets Reconstruction Companies (ARC). The Company has entered into settlement with ARC for payment of outstanding loans / debts on certain terms and conditions. The total amount outstanding shown at Sr. No. 1A is the outstanding amount as per the Books of Accounts of the Company on provisional basis (excluding uncharged interest) after deduction of settlement amount already paid upto the date of default i.e. 30th September, 2025 and are subject to confirmation from Banks / Financial Institutions. |
|---|---|---|---|
| B | Of the total amount outstanding, amount of default as on date | 19,441.00 | 3) During the quarter and half year ended September 30, 2025, the Company defaulted in repayment of the installment of Rs 8.00 crores and interest thereon amounting to Rs 2.45 crores, due to Invent Assets Securitisation & Reconstruction Private Limited (assignee of debts of Allahabad Bank, now Indian Bank, and Punjab National Bank). Subsequently, the Company requested the lender to reschedule the said payments, and the lender has agreed to such rescheduling, subject to payment of interest at 11% per annum, with the condition that the entire dues be cleared by December 31, 2025 |
| 2. | Unlisted debt securities i.e. NCDs and NCRPS | ||
| A | Total amount outstanding as on date | 0.00 | |
| B | Of the total amount outstanding, amount of default as on date | 0.00 | |
| 3. | Total financial indebtedness of the listed entity including short-term and long-term debt | 1,10,616.00 | 4) The amount of outstanding borrowings from financial institutions shown at Sr. No. 3 does not include the interest of unsettled lender Rare Asset Reconstruction Limited (being assignee of Indian Overseas Bank) not provided in the books of accounts, after the loan account has been classified as Non-Performing Assets (NPA) by such lender. |