Integrated Filing — IndAS



General information about company

Scrip Code 531746
NSE Symbol PRAENG
MSEI Symbol NOTLISTED
ISIN INE505C01016
Name of company PRAJAY ENGINEERS SYNDICATE 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 12-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 06-02-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third 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 12-02-2026   16:30:00
End date and time of board meeting 12-02-2026   17:05:00
Whether cash flow statement is applicable on company
Type of cash flow statement
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 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 806.96 3,133.30
Other income 184.68 702.91
Total income 991.64 3,836.21
2 Expenses
(a) Cost of materials consumed 419.17 2,266.71
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 185.75 521.36
(e) Finance costs 13.93 35.43
(f) Depreciation, depletion and amortisation expense 93.37 259.19
(f) Other Expenses
1 Direct Cost Hotels & Resorts 177.71 487.33
2 Other expenses 168.68 1,235.58
Total other expenses 346.39 1,722.91
Total expenses 1,058.61 4,805.60
3 Total profit before exceptional items and tax (66.97) (969.39)
4 Exceptional items 0.00 0.00
5 Total profit before tax (66.97) (969.39)
6 Tax expense
7 Current tax 0.00 0.00
8 Deferred tax 31.16 89.90
9 Total tax expenses 31.16 89.90
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 (98.13) (1,059.29)
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 (3.52) (9.39)
16 Total profit (loss) for period (101.65) (1,068.68)
17 Other comprehensive income net of taxes (0.20) (0.23)
18 Total Comprehensive Income for the period (101.85) (1,068.91)
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent (114.01) (1,065.73)
Total profit or loss, attributable to non-controlling interests 12.36 (2.95)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent (114.21) (1,065.96)
Total comprehensive income for the period attributable to owners of parent non-controlling interests 12.36 (2.95)
21 Details of equity share capital
Paid-up equity share capital 69,93,57,910.00 69,93,57,910.00
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 -0.15 -1.53
Diluted earnings (loss) per share from continuing operations -0.15 -1.53
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 -0.15 -1.53
Diluted earnings (loss) per share from continuing and discontinued operations -0.15 -1.53
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) NOTES 1.The above results, which have been reviewed by the Statutory Auditors of the company, are published in accordance with the Regulation 33 and Regulation 52 read with Regulation 63 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015,, as amended (Listing Regulations), as prescribed in SEBI operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 10 August 2021, have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 12-02-2026. 2.The financial results are prepared in accordance with the Indian Accounting Standards (Ind-AS) as prescribed under Sections 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and Companies (Indian Accounting Standards) (Amendment) Rules, 2016 and other accounting principles generally accepted in India. 3.The format for quarterly results as prescribed in SEBI's Circular dated Nov 30, 2015 has been modified to comply with the requirements of SEBI’s circular dated July 5, 2016, Ind-AS and Schedule III (Division II) of the Companies Act, 2013, which are applicable to Companies that are required to comply with Ind-AS. 4.The Government of Andhra Pradesh (Youth Advancement Tourism & Culture Department, now the Government of Telangana) and the Company (M/s. Prajay Engineers Syndicate Limited and its subsidiary company M/s Secunderabad Golf and Leisure Resort Private Limited) entered into Lease Agreement and Construction & Management Agreement. Subsequently, for the issues that arose between the Company and the Tourism Department, the Company invoked the Arbitration clause as per the Agreements and the Hon’ble High Court vide its order dated 28.07.2022 appointed Hon’ble S M Rafee (Retired District Judge) as the Arbitrator in Arbitration Application No. 86 of 2022. The Arbitration proceedings are in progress. 5. Segments have been identified in accordance with Indian Accounting Standard 108 on Segment reporting, concerning the returns / risk profiles of the business and the company has two segments as follows: (a). Construction and Development of Property (b). Hospitality - Hotels and Resorts 67.Figures for the previous period/year have been regrouped, where ever considered necessary. 7. As a result of economic slowdown and continued recessionary tendencies in the realty sector, the realisations from customers are very slow. Prajay Engineers Syndicate Limited D.Vijay Sen Reddy Place: Hyderabad Chairman and Managing Director Date: 12.02.2026 (DIN:00291185)



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


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 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
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 Construction and Development 0.0046288 2,255.71
2 Hospitality - Hotels and Resorts 0.0034408 0.0087759
Total Segment Revenue 806.96 3,133.30
Less: Inter segment revenue 0.00 0.00
Revenue from operations 806.96 3,133.30
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Construction and Development (144.76) (1,269.49)
2 Hospitality - Hotels and Resorts (37.11) (217.94)
Total Profit before tax (181.87) (1,487.43)
i. Finance cost 13.93 35.43
ii. Other Unallocable Expenditure net off Unallocable income (128.83) (553.47)
Profit before tax (66.97) (969.39)
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Construction and Development 60,481.58 60,481.58
2 Hospitality - Hotels and Resorts 13,696.17 13,696.17
Total Segment Asset 74,177.75 74,177.75
Un-allocable Assets 7,024.91 7,024.91
Net Segment Asset 81,202.66 81,202.66
4 Segment Liabilities
Segment Liabilities
1 Construction and Development 14,100.73 14,100.73
2 Hospitality - Hotels and Resorts 704.66 704.66
Total Segment Liabilities 14,805.39 14,805.39
Un-allocable Liabilities 1,762.34 1,762.34
Net Segment Liabilities 16,567.73 16,567.73
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) NOTES 1.The above results, which have been reviewed by the Statutory Auditors of the company, are published in accordance with the Regulation 33 and Regulation 52 read with Regulation 63 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015,, as amended (Listing Regulations), as prescribed in SEBI operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 10 August 2021, have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 12-02-2026. 2.The financial results are prepared in accordance with the Indian Accounting Standards (Ind-AS) as prescribed under Sections 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and Companies (Indian Accounting Standards) (Amendment) Rules, 2016 and other accounting principles generally accepted in India. 3.The format for quarterly results as prescribed in SEBI's Circular dated Nov 30, 2015 has been modified to comply with the requirements of SEBI’s circular dated July 5, 2016, Ind-AS and Schedule III (Division II) of the Companies Act, 2013, which are applicable to Companies that are required to comply with Ind-AS. 4.The Government of Andhra Pradesh (Youth Advancement Tourism & Culture Department, now the Government of Telangana) and the Company (M/s. Prajay Engineers Syndicate Limited and its subsidiary company M/s Secunderabad Golf and Leisure Resort Private Limited) entered into Lease Agreement and Construction & Management Agreement. Subsequently, for the issues that arose between the Company and the Tourism Department, the Company invoked the Arbitration clause as per the Agreements and the Hon’ble High Court vide its order dated 28.07.2022 appointed Hon’ble S M Rafee (Retired District Judge) as the Arbitrator in Arbitration Application No. 86 of 2022. The Arbitration proceedings are in progress. 5. Segments have been identified in accordance with Indian Accounting Standard 108 on Segment reporting, concerning the returns / risk profiles of the business and the company has two segments as follows: (a). Construction and Development of Property (b). Hospitality - Hotels and Resorts 67.Figures for the previous period/year have been regrouped, where ever considered necessary. 7. As a result of economic slowdown and continued recessionary tendencies in the realty sector, the realisations from customers are very slow. Prajay Engineers Syndicate Limited D.Vijay Sen Reddy Place: Hyderabad Chairman and Managing Director Date: 12.02.2026 (DIN:00291185)



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 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
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 Net Loss/gain on Fair value through OCI (FVTOCI) equity securities (0.23) (0.27)
2 Remeasurement of the net defined benefit liability/asset Income Tax Effect 0.03 0.04
Total Amount of items that will not be reclassified to profit and loss (0.20) (0.23)
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
5 Total Other comprehensive income (0.20) (0.23)





Details of Impact of Audit Qualification

Amount in (Lakhs)

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