Integrated Filing — IndAS



General information about company

Scrip Code 000000
NSE Symbol THEJO
MSEI Symbol NOTLISTED
ISIN INE121N01019
Name of company THEJO 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 27-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 13-05-2026
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 Multi segment
Description of single segment
Start date and time of board meeting 27-05-2026   11:30:00
End date and time of board meeting 27-05-2026   15:45:00
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 18,116.80 63,208.65
Other income 336.24 959.39
Total income 18,453.04 64,168.04
2 Expenses
(a) Cost of materials consumed 4,026.33 12,791.90
(b) Purchases of stock-in-trade 270.07 350.72
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (776.81) (678.25)
(d) Employee benefit expense 5,465.41 20,555.92
(e) Finance costs 139.95 526.44
(f) Depreciation, depletion and amortisation expense 449.57 1,496.56
(f) Other Expenses
1 Other expenses 6,710.70 22,179.74
Total other expenses 6,710.70 22,179.74
Total expenses 16,285.22 57,223.03
3 Total profit before exceptional items and tax 2,167.82 6,945.01
4 Exceptional items 0.00 (273.11)
5 Total profit before tax 2,167.82 6,671.90
6 Tax expense
7 Current tax 563.88 1,855.53
8 Deferred tax (55.21) (68.21)
9 Total tax expenses 508.67 1,787.32
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 1,659.15 4,884.58
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 1,659.15 4,884.58
17 Other comprehensive income net of taxes 693.88 1,469.59
18 Total Comprehensive Income for the period 2,353.03 6,354.17
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 1,584.32 4,925.95
Total profit or loss, attributable to non-controlling interests 74.83 (41.37)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 2,151.61 6,154.91
Total comprehensive income for the period attributable to owners of parent non-controlling interests 201.42 199.26
21 Details of equity share capital
Paid-up equity share capital 1,084.75 1,084.75
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 34,357.07
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 14.6 45.41
Diluted earnings (loss) per share from continuing operations 14.6 45.4
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 14.6 45.41
Diluted earnings (loss) per share from continuing and discontinued operations 14.6 45.4
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 consolidated financial results for the quarter and year ended 31st March, 2026 have been prepared based on the audited financial statements of the Company and its subsidiaries, Thejo Hatcon Industrial Services Company, Thejo Australia Pty Ltd, Thejo Brasil Comercio E Servicos Ltda, Thejo Engineering LatinoAmerica SpA and TE Global FZ-LLC. 2) The figures for the quarter ended 31st March 2026 are the balancing figures between the audited figures in respect of the year ended 31st March 2026 and the figures for the nine months ended 31st December, 2025. 3) The Code on Wages, 2019, the Code on Social Security, 2020, the Industrial Relations Code, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 (the New Labour Codes) were notified by the Central Government on 21st November, 2025. The New Labour Codes have consolidated the existing labour laws contained in 29 different statutes into a unified framework under four Codes. The Parent Company has assessed the financial implication on account of the New Labour Codes and the same has resulted in an increase in gratuity and leave encashment expenses to an extent of Rs. 273.11 lakhs attributable to the past service of the employees, primarily due to change in the definition of Wages under the New Labour Codes. The Company has disclosed the same as an exceptional item for the year ended 31st March 2026 (and quarter ended 31st December 2025) as this is a one-time charge in respect of the past service cost. It has been included as part of unallocable expenses in the segment results. As all the subsidiaries of the Company are located outside India, there is no impact on account of the New Labour Codes in respect of the subsidiaries. 4) Effective 1st April 2025, the Parent Company has adopted Straight Line Method (SLM) of depreciation instead of Written Down Value (WDV) method on Property, Plant and Equipment (PPE) and Intangible Assets, based on the Management assessment of the expected pattern of consumption of the future economic benefits embodied in the PPE and Intangible Assets, without any change in the remaining useful life of the assets. Consequently, the charge of depreciation for the quarter and year ended 31st March, 2026 is lower by Rs. 204.56 lakhs and Rs. 737.02 lakhs respectively with a corresponding impact in the Profit Before Tax (PBT) and an impact of Rs. 153.07 lakhs and Rs. 551.51 lakhs respectively in the Profit After Tax (PAT) on account of change in the depreciation method. 5) The above consolidated financial results have been approved by the Board of Directors of the Company at their Meeting held on 27th May, 2026, after review by the Audit Committee at its Meeting held on 26th May, 2026. The consolidated financial results for the quarter and year ended 31st March, 2026 have been audited by M/s. Brahmayya & Co, Chartered Accountants, the Statutory Auditors of the Company. 6) Figures for the previous periods have been regrouped/reclassified, where necessary, to conform to the classification of the current period. Notes relating to Cash Flow Statement: 1. Other adjustments for which cash effects are investing or financing cash flow under operating activities represents Loss/(Profit) on disposal of assets. 2. Other inflows (outflows) of cash under investing activities represents (Investment)/disposal in bank deposits, Net. 3. Lease deposit/Principal payment of lease liability/right of use assets represent Payment of lease liabilities 4. Interest paid includes interest payment for lease liabilities Rs. 338.70 lakhs.



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 15,137.71
Capital work-in-progress 1,266.75
Investment property 0.00
Goodwill 0.00
Other intangible assets 68.59
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 financial assets 1,280.64
Total of other non-current financial assets 1,280.64
Total non-current financial assets 1,280.64
Deferred tax assets (net) 541.97
Other non-current assets
1 Other non-current assets 631.36
Total of other non-current assets 631.36
Total non-current assets 18,927.02
2 Current assets
Inventories 7,990.00
Current financial asset
Current investments 0.00
Trade receivables, current 17,337.52
Cash and cash equivalents 3,521.52
Bank balance other than cash and cash equivalents 3,130.20
Loans, current 0.00
Other current financial assets
Total of other current financial assets 1,356.24
Total current financial assets 25,345.48
Current tax assets (net) 0.00
Other current assets
1 Other current assets 2,606.34
Total of other current assets 2,606.34
Total current assets 35,941.82
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 54,868.84
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,084.75
Other equity 34,357.07
Total equity attributable to owners of parent 35,441.82
Non controlling interest 2,452.90
Total equity 37,894.72
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 138.63
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
1 Lease Liabilities 3,238.18
Total of other non-current financial liabilities 3,238.18
Total non-current financial liabilities 3,376.81
Provisions, non-current 0.00
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities
1 Other non-current liabilities 307.09
Total of other non-current liabilities 307.09
Total non-current liabilities 3,683.90
Current liabilities
Current financial liabilities
Borrowings, current 391.73
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 43.18
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 6,140.85
Total Trade payable 6,184.03
Other current financial liabilities
1 Lease Liabilities 315.12
2 Other current financial liabilities 1,780.22
Total of other current financial liabilities 2,095.34
Total current financial liabilities 8,671.10
Other current liabilities 3,412.83
1 Other current liabilities 3,412.83
Total of other current liabilities 3,412.83
Provisions, current 1,206.29
Current tax liabilities (Net) 0.00
Deferred government grants, Current 0.00
Total current liabilities 13,290.22
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 16,974.12
Total equity and liabilites 54,868.84
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block

Textual Information(1) 1) Property, plant and equipment includes Right-of-use assets to an extent of Rs. 3172.24 lakhs.



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)
1 Manufacturing Units 6,857.23 24,291.31
2 Service Units 12,665.09 45,198.27
3 Others 0.0088559 3,157.52
Total Segment Revenue 20,407.91 72,647.10
Less: Inter segment revenue 2,291.11 9,438.46
Revenue from operations 18,116.80 63,208.64
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Manufacturing Units 1,512.10 4,950.95
2 Service Units 1,236.72 4,598.05
3 Others (87.78) (62.91)
Total Profit before tax 2,661.04 9,486.09
i. Finance cost 139.95 526.44
ii. Other Unallocable Expenditure net off Unallocable income 353.27 2,287.75
Profit before tax 2,167.82 6,671.90
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Manufacturing Units 21,624.13 21,624.13
2 Service Units 28,367.46 28,367.46
3 Others 3,311.70 3,311.70
Total Segment Asset 53,303.29 53,303.29
Un-allocable Assets 1,565.55 1,565.55
Net Segment Asset 54,868.84 54,868.84
4 Segment Liabilities
Segment Liabilities
1 Manufacturing Units 7,346.88 7,346.88
2 Service Units 8,972.88 8,972.88
3 Others 1,154.53 1,154.53
Total Segment Liabilities 17,474.29 17,474.29
Un-allocable Liabilities 1,952.73 1,952.73
Net Segment Liabilities 19,427.02 19,427.02
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
1 Remeasurement of net defined benefit plan 64.35 94.60
Total Amount of items that will not be reclassified to profit and loss 64.35 94.60
2 Income tax relating to items that will not be reclassified to profit or loss 16.20 23.81
3 Amount of items that will be reclassified to profit and loss
1 Foreign currency translation adjustment 645.73 1,398.80
Total Amount of items that will be reclassified to profit and loss 645.73 1,398.80
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 693.88 1,469.59



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 6,671.90
Adjustments for reconcile profit (loss)
Adjustments for finance costs 526.44
Adjustments for decrease (increase) in inventories (1,389.74)
Adjustments for decrease (increase) in trade receivables, current (3,888.14)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (821.17)
Adjustments for decrease (increase) in other non-current assets (95.90)
Adjustments for other financial assets, non-current 8.49
Adjustments for other financial assets, current (350.36)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 2,055.05
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 646.53
Adjustments for increase (decrease) in other non-current liabilities 60.37
Adjustments for depreciation and amortisation expense 1,496.56
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 383.61
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 383.25
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 632.37
Adjustments for dividend income 0.00
Adjustments for interest income 394.91
Adjustments for share-based payments 40.99
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 (19.62)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (726.18)
Net cash flows from (used in) operations 5,945.72
Dividends received 0.00
Interest paid 2,051.55
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 3,894.17
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 38.04
Purchase of property, plant and equipment 3,450.77
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 28.00
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 344.43
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (2,837.49)
Net cash flows from (used in) investing activities (5,933.79)
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 10.34
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 532.41
Repayments of borrowings 336.64
Payments of lease liabilities 177.69
Dividends paid 542.32
Interest paid 526.44
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (1,040.34)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (3,079.96)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 15.56
Net increase (decrease) in cash and cash equivalents (3,064.40)
Cash and cash equivalents cash flow statement at beginning of period 6,585.92
Cash and cash equivalents cash flow statement at end of period 3,521.52





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 Brahmayya & Co Yes 30-04-2027