Integrated Filing — IndAS



General information about company

Scrip Code 540642
NSE Symbol SALASAR
MSEI Symbol NOTLISTED
ISIN INE170V01027
Name of company SALASAR TECHNO ENGINEERING 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 14-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 11-11-2025
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 14-11-2025   13:00:00
End date and time of board meeting 14-11-2025   15:40:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 42,716.84 72,733.81
Other income 161.41 325.13
Total income 42,878.25 73,058.94
2 Expenses
(a) Cost of materials consumed 37,588.01 62,555.74
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (2,865.36) (3,985.67)
(d) Employee benefit expense 1,770.50 3,365.84
(e) Finance costs 1,316.27 2,692.75
(f) Depreciation, depletion and amortisation expense 680.70 1,286.02
(f) Other Expenses
1 Other Expenses 2,035.30 3,614.98
Total other expenses 2,035.30 3,614.98
Total expenses 40,525.42 69,529.66
3 Total profit before exceptional items and tax 2,352.83 3,529.28
4 Exceptional items 0.00 0.00
5 Total profit before tax 2,352.83 3,529.28
6 Tax expense
7 Current tax 707.12 1,045.95
8 Deferred tax 46.96 4.97
9 Total tax expenses 754.08 1,050.92
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 1,598.75 2,478.36
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 1,598.75 2,478.36
17 Other comprehensive income net of taxes 118.63 150.79
18 Total Comprehensive Income for the period 1,717.38 2,629.15
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 1,577.71 2,429.18
Total profit or loss, attributable to non-controlling interests 21.04 49.18
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 1,696.34 2,579.97
Total comprehensive income for the period attributable to owners of parent non-controlling interests 21.04 49.18
21 Details of equity share capital
Paid-up equity share capital 17,267.70 17,267.70
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 0.09 0.14
Diluted earnings (loss) per share from continuing operations 0.09 0.14
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 0.09 0.14
Diluted earnings (loss) per share from continuing and discontinued operations 0.09 0.14
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 unaudited consolidated financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on 14-Nov-2025.The statutory auditors of the Company have conducted limited review of these financial results, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015. 2. These unaudited consolidated financial results are prepared in accordance with the Indian Accounting Standards (IND AS) as prescribed under Section 133 of the Companies Act read with rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and Companies (Indian Accounting Standards) Amendment Rules , 2016. 3. The Company is engaged in the business of two segments i.e. 1) Manufacturing of Galvanized and Non-galvanized Steel Structures i.e. Steel Structure and 2) Engineering, Procurement and Construction (EPC). 4. Figures for the previous periods / year have been regrouped, wherever necessary, to confirm to the current period's classification. 5. The unaudited consolidated financial results for the quarter and half year ended 30 Sep, 2025 are available on the website of the Company (www.salasartechno.com) and on Stock Exchanges website www.bseindia.com and www.nseindia.com).



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 37,646.65
Capital work-in-progress 456.16
Investment property 0.00
Goodwill 127.04
Other intangible assets 1,894.87
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 0.00
Trade receivables, non-current
Loans, non-current 0.00
Other non-current financial assets 6,155.34
Total non-current financial assets 6,155.34
Deferred tax assets (net)
Other non-current assets 98.71
Total non-current assets 46,378.77
2 Current assets
Inventories 47,150.29
Current financial asset
Current investments 3.52
Trade receivables, current 51,726.28
Cash and cash equivalents 430.80
Bank balance other than cash and cash equivalents 3,888.99
Loans, current 0.00
Other current financial assets 24,303.80
Total current financial assets 80,353.39
Current tax assets (net) 141.64
Other current assets 10,750.37
Total current assets 1,38,395.69
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 1,84,774.46
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 17,267.70
Other equity 63,952.66
Total equity attributable to owners of parent 81,220.36
Non controlling interest 92.69
Total equity 81,313.05
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 1,514.89
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 711.35
Total non-current financial liabilities 2,226.24
Provisions, non-current 578.09
Deferred tax liabilities (net) 1,543.85
Deferred government grants, Non-current 0.00
Other non-current liabilities 33.16
Total non-current liabilities 4,381.34
Current liabilities
Current financial liabilities
Borrowings, current 32,612.08
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 602.09
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 14,967.44
Total Trade payable 15,569.53
Other current financial liabilities 206.17
Total current financial liabilities 48,387.78
Other current liabilities 50,117.41
Provisions, current 75.37
Current tax liabilities (Net) 499.51
Deferred government grants, Current 0.00
Total current liabilities 99,080.07
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 1,03,461.41
Total equity and liabilites 1,84,774.46
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 Steel Structures 26,451.95 43,487.36
2 EPC Projects 16,851.13 30,745.12
Total Segment Revenue 43,303.08 74,232.48
Less: Inter segment revenue 586.24 1,498.67
Revenue from operations 42,716.84 72,733.81
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Steel Structures 2,978.67 5,017.80
2 EPC Projects 1,334.68 2,290.43
Total Profit before tax 4,313.35 7,308.23
i. Finance cost 1,316.27 2,692.75
ii. Other Unallocable Expenditure net off Unallocable income 644.25 1,086.20
Profit before tax 2,352.83 3,529.28
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Steel Structures 79,689.50 79,689.50
2 EPC Projects 78,749.15 78,749.15
Total Segment Asset 1,58,438.65 1,58,438.65
Un-allocable Assets 26,335.81 26,335.81
Net Segment Asset 1,84,774.46 1,84,774.46
4 Segment Liabilities
Segment Liabilities
1 Steel Structures 28,572.11 28,572.11
2 EPC Projects 38,045.76 38,045.76
Total Segment Liabilities 66,617.87 66,617.87
Un-allocable Liabilities 36,843.53 36,843.53
Net Segment Liabilities 1,03,461.40 1,03,461.40
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 Remeasurements of the defined benefit plans 11949000 14982000
Total Amount of items that will not be reclassified to profit and loss 119.49 149.82
2 Income tax relating to items that will not be reclassified to profit or loss 0.86 (0.97)
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
5 Total Other comprehensive income 118.63 150.79



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 3,529.28
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0.00
Adjustments for decrease (increase) in inventories (13,173.20)
Adjustments for decrease (increase) in trade receivables, current (5,578.49)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 6,533.87
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 556.93
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 2,673.78
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 4,571.34
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 1,286.02
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 (14.26)
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 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 275.96
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (2,868.05)
Net cash flows from (used in) operations 661.23
Dividends received 0.00
Interest paid (2,692.75)
Interest received (322.65)
Income taxes paid (refund) 1,045.95
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 1,985.38
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 1,127.14
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 335.45
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (1,122.73)
Net cash flows from (used in) investing activities (1,914.42)
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 3,097.32
Repayments of borrowings 572.38
Payments of lease liabilities 0.00
Dividends paid 0.00
Interest paid 2,692.75
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (167.81)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (96.85)
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 (96.85)
Cash and cash equivalents cash flow statement at beginning of period 527.65
Cash and cash equivalents cash flow statement at end of period 430.80





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results No
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 VAPS & Company Yes 31-08-2027