Integrated Filing — IndAS



General information about company

Scrip Code 539151
NSE Symbol ARFIN
MSEI Symbol NOTLISTED
ISIN INE784R01023
Name of company ARFIN 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 11-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 05-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Manufacturing of Ferrous & Non ferrous metal
Start date and time of board meeting 11-05-2026   11:00:00
End date and time of board meeting 11-05-2026   15:05:00
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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 19,323.76 61,799.18
Other income (22.59) 92.19
Total income 19,301.17 61,891.37
2 Expenses
(a) Cost of materials consumed 17,227.35 55,007.23
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (1,495.15) (3,885.29)
(d) Employee benefit expense 252.91 952.73
(e) Finance costs 393.07 1,872.85
(f) Depreciation, depletion and amortisation expense 134.32 464.84
(f) Other Expenses
1 Power and Fuel 243.02 1,052.18
2 Other Expenses 1,462.73 4,056.20
Total other expenses 1,705.75 5,108.38
Total expenses 18,218.25 59,520.74
3 Total profit before exceptional items and tax 1,082.92 2,370.63
4 Exceptional items 0.00 0.00
5 Total profit before tax 1,082.92 2,370.63
6 Tax expense
7 Current tax 316.85 694.91
8 Deferred tax 83.64 130.59
9 Total tax expenses 400.49 825.50
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 682.43 1,545.13
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 682.43 1,545.13
17 Other comprehensive income net of taxes (2.65) (2.65)
18 Total Comprehensive Income for the period 679.78 1,542.48
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0.00 0.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0.00 0.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 1,687.22 1,687.22
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 15,347.46
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.4 0.92
Diluted earnings (loss) per share from continuing operations 0.4 0.92
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 0.4 0.92
Diluted earnings (loss) per share from continuing and discontinued operations 0.4 0.92
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 Audited Consolidated Financial Results have been reviewed by the Audit Committee and approved and taken on record by the Board of Directors in their meetings held on Monday, May 11, 2026. The Statutory Auditors have expressed an unmodified/unqualified audit report. 2. The Standalone and Consolidated financial results have been prepared in accordance with the Indian Accounting Standards (IND AS) notified under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules, 201S as amended and other Accounting Principles generally accepted in India. 3. Figures for the previous periods are Re-classified / Re-arranged / Re-grouped, wherever necessary, to correspond with the current period's Classification / Disclosure. 4. The Managing Director and Chief Financial Officer certificate in respect of the above results in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 has been placed before the board of directors. 5. The Company does not have any Exceptional or Extra Ordinary items to report for the above periods. 6. The Company has only one reportable primary business segment as per IND AS 108 i.e. manufacturing and trading of ferrous & non-ferrous metals. 7. The Board of Directors at their meeting held on November 11, 2025 declared an interim dividend of Rs. 0.11 (@11%) per equity share of Rs. 1 each of the Company. 8. The figures of the last quarter are the balancing figures between audited figures in respect of full financial year ended on March 31, 2026 and the published year to date figures upto third quarter of the current financial year.



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 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 7,414.45
Capital work-in-progress 0.00
Investment property 0.00
Goodwill 0.00
Other intangible assets 0.00
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 0.00
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Other non-current assets 124.24
Total of other non-current financial assets 124.24
Total non-current financial assets 124.24
Deferred tax assets (net) 0.00
Other non-current assets
1 Other non-current assets 33.67
Total of other non-current assets 33.67
Total non-current assets 7,572.36
2 Current assets
Inventories 22,281.75
Current financial asset
Current investments 2.77
Trade receivables, current 3,022.19
Cash and cash equivalents 31.12
Bank balance other than cash and cash equivalents 861.73
Loans, current 1,285.73
Other current financial assets
Total of other current financial assets 1.81
Total current financial assets 5,205.35
Current tax assets (net) 0.00
Other current assets
1 Other current assets 2,080.56
Total of other current assets 2,080.56
Total current assets 29,567.66
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 37,140.02
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,687.22
Other equity 15,347.46
Total equity attributable to owners of parent 17,034.68
Non controlling interest 0.00
Total equity 17,034.68
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 1,713.72
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
1 Other non-current financial liabilities 0.00
Total of other non-current financial liabilities 0.00
Total non-current financial liabilities 1,713.72
Provisions, non-current 69.22
Deferred tax liabilities (net) 876.29
Deferred government grants, Non-current 0.00
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 2,659.23
Current liabilities
Current financial liabilities
Borrowings, current 11,212.88
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 795.59
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 5,075.55
Total Trade payable 5,871.14
Other current financial liabilities
1 Other current financial liabilities 0.08
Total of other current financial liabilities 0.08
Total current financial liabilities 17,084.10
Other current liabilities 40.85
1 Other current liabilities 40.85
Total of other current liabilities 40.85
Provisions, current 321.16
Current tax liabilities (Net) 0.00
Deferred government grants, Current 0.00
Total current liabilities 17,446.11
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 20,105.34
Total equity and liabilites 37,140.02
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 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
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



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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
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
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 2.65 2.65
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 (2.65) (2.65)



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 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 2,370.63
Adjustments for reconcile profit (loss)
Adjustments for finance costs 1,872.85
Adjustments for decrease (increase) in inventories (4,040.44)
Adjustments for decrease (increase) in trade receivables, current 2,366.16
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets (37.80)
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 (428.79)
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 25.19
Adjustments for depreciation and amortisation expense 464.84
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 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 45.78
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 (2.03)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 174.20
Net cash flows from (used in) operations 2,544.83
Dividends received 0.00
Interest paid 297.36
Interest received 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 2,247.47
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 4.00
Purchase of property, plant and equipment 1,138.94
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 (0.06)
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 45.78
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (365.28)
Net cash flows from (used in) investing activities (1,454.38)
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 1,234.81
Repayments of borrowings 0.00
Payments of lease liabilities 0.00
Dividends paid 185.59
Interest paid 1,872.85
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (823.63)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (30.54)
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 (30.54)
Cash and cash equivalents cash flow statement at beginning of period 61.66
Cash and cash equivalents cash flow statement at end of period 31.12





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
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 Raman M Jain & Co. Yes 31-12-2028