Integrated Filing — IndAS



General information about company

Scrip Code 543930
NSE Symbol URAVIDEF
MSEI Symbol NA
ISIN INE568Z01015
Name of company URAVI DEFENCE AND TECHNOLOGY 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 28-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 25-05-2026
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 28-05-2026   17:47:00
End date and time of board meeting 28-05-2026   17:59:00
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 Statement on impact of audit qualification



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 985.65 3,862.05
Other income 54.59 124.80
Total income 1,040.24 3,986.85
2 Expenses
(a) Cost of materials consumed 633.26 2,038.90
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (60.07) 57.32
(d) Employee benefit expense 145.83 584.30
(e) Finance costs 18.09 124.49
(f) Depreciation, depletion and amortisation expense 51.34 190.14
(f) Other Expenses
1 Other Expenses 253.93 905.47
Total other expenses 253.93 905.47
Total expenses 1,042.38 3,900.62
3 Total profit before exceptional items and tax (2.14) 86.23
4 Exceptional items 0.00 0.00
5 Total profit before tax (2.14) 86.23
6 Tax expense
7 Current tax 16.82 58.11
8 Deferred tax (5.72) (11.37)
9 Total tax expenses 11.10 46.74
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 (13.24) 39.49
12 Profit (loss) from discontinued operations before tax 158.93 182.64
13 Tax expense of discontinued operations 67.70 80.17
14 Net profit (loss) from discontinued operation after tax 91.23 102.47
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 72.05 72.05
16 Total profit (loss) for period 150.04 214.01
17 Other comprehensive income net of taxes (4.87) (1.30)
18 Total Comprehensive Income for the period 145.17 212.71
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 58.84 111.54
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 53.97 110.24
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 1,140.00 1,140.00
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 0.00
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.52 0.98
Diluted earnings (loss) per share from continuing operations 0.52 0.98
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 -0.06
Diluted earnings (loss) per share from discontinued operations 0 -0.06
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.52 0.92
Diluted earnings (loss) per share from continuing and discontinued operations 0.52 0.92
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



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 1,273.23
Capital work-in-progress 287.80
Investment property 0.00
Goodwill 0.00
Other intangible assets 0.00
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 1,901.92
Trade receivables, non-current
Loans, non-current 179.19
Other non-current financial assets
1 Other Financial assets 24.82
Total of other non-current financial assets 24.82
Total non-current financial assets 2,105.93
Deferred tax assets (net)
Other non-current assets
1 Right of Use Assets 37.27
2 Other non-current assets 0.10
Total of other non-current assets 37.37
Total non-current assets 3,704.33
2 Current assets
Inventories 2,247.41
Current financial asset
Current investments 0.00
Trade receivables, current 1,301.30
Cash and cash equivalents 81.35
Bank balance other than cash and cash equivalents 172.87
Loans, current 24.00
Other current financial assets
Total of other current financial assets 3.78
Total current financial assets 1,583.30
Current tax assets (net) 0.00
Other current assets
1 Other current assets 301.70
Total of other current assets 301.70
Total current assets 4,132.41
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 7,836.74
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,140.00
Other equity 3,945.24
Total equity attributable to owners of parent 5,085.24
Non controlling interest 0.00
Total equity 5,085.24
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 129.86
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 Lease liabilities 12.32
Total of other non-current financial liabilities 12.32
Total non-current financial liabilities 142.18
Provisions, non-current 12.79
Deferred tax liabilities (net) 75.07
Deferred government grants, Non-current 0.00
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 230.04
Current liabilities
Current financial liabilities
Borrowings, current 2,230.79
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 34.24
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 119.10
Total Trade payable 153.34
Other current financial liabilities
1 Lease liabilities 27.27
2 Other financial liabilities 84.42
Total of other current financial liabilities 111.69
Total current financial liabilities 2,495.82
Other current liabilities 22.71
1 Other current liabilities 22.71
Total of other current liabilities 22.71
Provisions, current 0.00
Current tax liabilities (Net) 2.93
Deferred government grants, Current
Total current liabilities 2,521.46
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 2,751.50
Total equity and liabilites 7,836.74
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)
1 Automotive Segment 0.0098565 3,862.05
Total Segment Revenue 985.65 3,862.05
Less: Inter segment revenue 0.00 0.00
Revenue from operations 985.65 3,862.05
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Automotive Segment 67.31 400.86
Total Profit before tax 67.31 400.86
i. Finance cost 18.09 124.49
ii. Other Unallocable Expenditure net off Unallocable income (9.62) 164.83
Profit before tax 58.84 111.54
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Automotive Segment 7,836.74 7,836.74
Total Segment Asset 7,836.74 7,836.74
Un-allocable Assets 0.00 0.00
Net Segment Asset 7,836.74 7,836.74
4 Segment Liabilities
Segment Liabilities
1 Automotive Segment 2,751.50 2,751.50
Total Segment Liabilities 2,751.50 2,751.50
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 2,751.50 2,751.50
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) NA



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 Actuarial gain/(loss) on employee defined benefit funds recognised in other Comprehensive Income (4.20) 2.38
2 Foreign currency translation reserve (FCTR) (1.73) (3.08)
Total Amount of items that will not be reclassified to profit and loss (5.93) (0.70)
2 Income tax relating to items that will not be reclassified to profit or loss (1.06) 0.60
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 (4.87) (1.30)



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 86.23
Adjustments for reconcile profit (loss)
Adjustments for finance costs 127.41
Adjustments for decrease (increase) in inventories (546.98)
Adjustments for decrease (increase) in trade receivables, current (323.94)
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 0.00
Adjustments for other financial assets, non-current (21.21)
Adjustments for other financial assets, current 424.13
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (178.91)
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 0.00
Adjustments for depreciation and amortisation expense 201.58
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 119.38
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 181.85
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (83.17)
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) (11.55)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 116.80
Other adjustments to reconcile profit (loss) 182.61
Other adjustments for non-cash items 32.71
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 220.71
Net cash flows from (used in) operations 306.94
Dividends received (0.04)
Interest paid 121.88
Interest received (109.18)
Income taxes paid (refund) 167.49
Other inflows (outflows) of cash 252.76
Net cash flows from (used in) operating activities 161.11
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 1,120.62
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 1,762.66
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 73.00
Purchase of property, plant and equipment 180.26
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 38.76
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 108.61
Interest received 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (131.77)
Net cash flows from (used in) investing activities (733.70)
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 44.27
Payments of lease liabilities 34.06
Dividends paid 0.00
Interest paid 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 346.50
Net cash flows from (used in) financing activities 268.17
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (304.42)
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 (304.42)
Cash and cash equivalents cash flow statement at beginning of period 385.77
Cash and cash equivalents cash flow statement at end of period 81.35





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 Statement on impact of audit qualification
Auditor's opinion Qualified 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
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 M/s Viren Gandhi & Co. Yes 31-08-2026


Financial details

Amount in (Lakhs)

Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income 1,040.25 1,040.25
2 Total Expenditure 1,042.37 1,042.37
3 Net Profit/(Loss) 150.07 150.07
4 Earnings Per Share 0.52 0.52
5 Total Assets 7,836.74 7,836.74
6 Total Liabilities 7,836.74 7,836.74
7 Net Worth 5,085.24 5,085.24


Audit qualification

Amount in (Lakhs)

Sr. Details of Audit Qualification Type of Audit Qualification Frequency of qualification For Audit Qualification(s) where the impact is quantified by the auditor For Audit Qualification(s) where the impact is not quantified by the auditor
Management's Views (i) Management's estimation on the impact of audit qualification (ii) If management is unable to estimate the impact, reasons for the same Auditors' Comments on (i) or (ii) above
1 Textual Information(1) Qualified opinion Whether appeared first time Textual Information(2) Textual Information(3) Textual Information(4) Textual Information(5)


Text Block

Textual Information(1) 1. We did not audit the financial statements of 2 subsidiaries included in the consolidated financial results,

i. Bharat Technology Limited: whose financial statements reflect total assets (before consolidation

adjustments) of Rs. Rs. 1813.55 Lakhs as at 31st March 2026, total revenue (before consolidation

adjustments) of Rs. Nil, total net profit (Loss) after tax (before consolidation adjustments) of Rs. (90.28)

Lakhs, total comprehensive income/ loss of (96.14) Lakhs, for the year ended on that date, as

considered in the consolidated annual financial results. These financial statements have been audited

by other auditors whose reports have been furnished to us by the Management.

ii. SKL India Private Limited (Sold on 18th March 2026): whose financial statements reflect total net

profit (Loss) after tax (before consolidation adjustments) of Rs. 219.24 Lakhs, total comprehensive

income/ loss of 217.65 Lakhs, for the year ended on that date, as considered in the consolidated

annual financial results. These financial statements have been audited by other auditors whose reports

have been furnished to us by the Management.

Our opinion on the consolidated financial results, in so far as it relates to the amounts and disclosures

included in respect of above entities, is based solely on the reports of such auditors and the procedures

performed by us are as stated in paragraph above.

2. The Consolidated Financial Result include the Results for the Quarter Ended March 31 2026 being the

balancing figure between the audited figures in respect of the full financial year and the published

unaudited year to date figures up to third quarter of the current financial year which were subject to limited

review by us expect for quarter ended June 30 2025 and quarter ended September 30 2025 which was

subject to limited review by GBCA & Associates LLP. Our opinion on the Statement is not modified in

respect of the above matter.

3. The Audit of the Consolidated Financial result of the company for the period and quarter ended March 31

2025 included in the Statement of Audited Consolidated Financial Results, has been conducted by GBCA

& Associates LLP. Our opinion on the Statement is not modified in respect of the above matter
Textual Information(2) NIL
Textual Information(3) At present impact of qualification is not ascertainable.
Textual Information(4) At present impact is not ascertainable.
Textual Information(5) Refer Auditors Report disseminated on the Website of the Exchange


Signatories detail

Name of CEO / Managing director Niraj Damji Gada
Name of CFO Kaushik Gada
Name of audit committee chairman Niken Ravin Shah
Name of statutory auditor M/s Viren Gandhi & Co.
Name of other signatory, if any, with designation NA
Place Mumbai
Date 28-05-2026