Integrated Filing — IndAS



General information about company

Scrip Code 590041
NSE Symbol KAVDEFENCE
MSEI Symbol NOTLISTED
ISIN INE641C01019
Name of company KAVVERI DEFENCE & WIRELESS TECHNOLOGIES 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 30-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 21-05-2026
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 Defence and wireless technology products
Start date and time of board meeting 30-05-2026   15:00:00
End date and time of board meeting 30-05-2026   22:15:00
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 92.27 842.07
Other income 210.88 284.99
Total income 303.15 1,127.06
2 Expenses
(a) Cost of materials consumed 172.60 415.44
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (77.89) (64.82)
(d) Employee benefit expense 83.70 248.27
(e) Finance costs 1.49 2.50
(f) Depreciation, depletion and amortisation expense 5.61 18.98
(f) Other Expenses
1 Other Expenses 89.32 382.52
Total other expenses 89.32 382.52
Total expenses 274.83 1,002.89
3 Total profit before exceptional items and tax 28.32 124.17
4 Exceptional items 0.00 0.00
5 Total profit before tax 28.32 124.17
6 Tax expense
7 Current tax 0.00 0.00
8 Deferred tax 0.00 0.00
9 Total tax expenses 0.00 0.00
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 28.32 124.17
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 28.32 124.17
17 Other comprehensive income net of taxes 0.00 0.00
18 Total Comprehensive Income for the period 28.32 124.17
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 28.32 124.17
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 6,012.43 2,012.43
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 5,159.95
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.08 0.35
Diluted earnings (loss) per share from continuing operations 0.8 0.35
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 0.08 0.35
Diluted earnings (loss) per share from continuing and discontinued operations 0.8 0.35
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 251.41
Capital work-in-progress 0.83
Investment property 0.00
Goodwill 0.00
Other intangible assets 47.80
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 2,186.42
Trade receivables, non-current 0.00
Loans, non-current 1,434.87
Other non-current financial assets
1 Other non-current assets 386.75
Total of other non-current financial assets 386.75
Total non-current financial assets 4,008.04
Deferred tax assets (net) 0.00
Other non-current assets
Total of other non-current assets
Total non-current assets 4,308.08
2 Current assets
Inventories 375.60
Current financial asset
Current investments 0.00
Trade receivables, current 731.77
Cash and cash equivalents 1,757.49
Bank balance other than cash and cash equivalents 16.12
Loans, current 5,398.07
Other current financial assets
Total of other current financial assets 5.99
Total current financial assets 7,909.44
Current tax assets (net)
Other current assets
1 Other current assets 39.92
2 R&D Expenses 22.02
Total of other current assets 61.94
Total current assets 8,346.98
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 12,655.06
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 6,012.43
Other equity 5,159.95
Total equity attributable to owners of parent 11,172.38
Non controlling interest 0.00
Total equity 11,172.38
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0.00
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 Long term provisions 11.48
Total of other non-current financial liabilities 11.48
Total non-current financial liabilities 11.48
Provisions, non-current 0.00
Deferred tax liabilities (net) 0.00
Deferred government grants, Non-current 0.00
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 11.48
Current liabilities
Current financial liabilities
Borrowings, current 440.57
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 8.47
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 333.76
Total Trade payable 342.23
Other current financial liabilities
1 Other current financial liabilities 433.32
2 provisions 255.08
Total of other current financial liabilities 688.40
Total current financial liabilities 1,471.20
Other current liabilities
Total of other current liabilities
Provisions, current 0.00
Current tax liabilities (Net) 0.00
Deferred government grants, Current 0.00
Total current liabilities 1,471.20
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 1,482.68
Total equity and liabilites 12,655.06
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
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



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 124.17
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0.00
Adjustments for decrease (increase) in inventories (63.55)
Adjustments for decrease (increase) in trade receivables, current 620.49
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (36.37)
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 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (284.29)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (1,353.38)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 18.98
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 8.60
Adjustments for provisions, non-current 11.48
Adjustments for other financial liabilities, current (1,452.00)
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 0.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (56.40)
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 175.32
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (2,411.12)
Net cash flows from (used in) operations (2,286.95)
Dividends received 0.00
Interest paid 0.00
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 (2,286.95)
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 116.48
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 (47.75)
Purchase of other long-term assets 76.20
Cash advances and loans made to other parties 187.40
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 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (427.83)
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 3,058.70
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 0.00
Payments of lease liabilities 0.00
Dividends paid 0.00
Interest paid 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (5.39)
Net cash flows from (used in) financing activities 3,053.31
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 338.53
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 338.53
Cash and cash equivalents cash flow statement at beginning of period 1,435.08
Cash and cash equivalents cash flow statement at end of period 1,773.61





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 RAJAGOPAL & BADRI NARAYANAN., Chartered Accountants Yes 30-11-2026


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 1,127.06 0.00
2 Total Expenditure 1,002.89 0.00
3 Net Profit/(Loss) 124.17 0.00
4 Earnings Per Share 0.35 0
5 Total Assets 12,655.06 0.00
6 Total Liabilities 12,655.06 0.00
7 Net Worth 11,172.38 0.00


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 Repetitive Textual Information(2) Textual Information(3) Textual Information(4) Textual Information(5)
2 Textual Information(6) Qualified opinion Repetitive Textual Information(7) Textual Information(8) Textual Information(9) Textual Information(10)
3 Textual Information(11) Qualified opinion Repetitive Textual Information(12) Textual Information(13) Textual Information(14) Textual Information(15)


Text Block

Textual Information(1) 1.tIn the consolidated financial statements, the financial statements/ financial information of the following subsidiaries are not included for the Year ended March 31, 2026. na.tKavveri Telecom Infrastructure Limited nb.tEAICOM India Private Limited nc.tKavveri Technologies Americans Inc. nd.tNew England Communications Systems Inc. ne.tQuality Communications Systems Inc. nf.tSpotwave Wireless Ltd. ng.tTrackcom Systems International Inc.
Textual Information(2) NA
Textual Information(3) In respect of qualification above, the opinion of the nManagement is as follows: nKavveri Telecom Infrastructure Limited is undergoing nInsolvency process Under IBC 2016 and Spotwave nWireless Ltd is undergoing bankruptcy proceedings in nCanada and other companies are non-operating ncompanies currently, hence the same is not considered nfor the consolidated financials. n
Textual Information(4) NA
Textual Information(5) NA
Textual Information(6) a. As stated in Note 4 to the standalone financial statements, the company carries investments in certain nsubsidiaries at value of Rs.2834.07 Lakhs as at March 31,2026. these subsidiaries have been consistently incussring losses and in some cases, the net worth of such subsidiaries has been fully or substantially erodded. nthe managment has not carried out fair valuation of these investments. in the absence of a fair valuation ot any other independent and verifiable evidence suppoting the recoverability of the carrying value of these investments, we are unable to determine whether any imparment loss is required to be recognised in accordance with IND AS 36- Impairment of Assts. COnsequently, we are unable to ascertain the extent to which the carrying value of investments aggregating to Rs.2834.07 lakhs may require impariment and the resultant impact, if any, on the net profit for the year and the net worth of the company as at March 31,2026 n n n n n
Textual Information(7) NA
Textual Information(8) The management of the Company is in communication with such subsidiaries engaged in the other projects to recover the dues and cost incurred by the Company and taking necessary steps to turnaround the lossmaking subsidiary Companies. Considering the long term nature of investments and in view of ongoing discussion, no provision has been considered necessary by the management in respect of impairment in the value of investment.
Textual Information(9) NA
Textual Information(10) NA
Textual Information(11) The company has not reinstated the forex balances in respect of few receivables and payables including the related parties balances which is not in conformity with IND AS 21-The effect of changes in foreign exchange rates, we are unable to comment the possible effects on the financial statements as the details were not made available to us.
Textual Information(12) NA
Textual Information(13) Company is in the process of arriving at the reinstated nforex values. The same shall be taken care in the ncurrent financial year. n
Textual Information(14) NA
Textual Information(15) NA


Signatories detail

Name of CEO / Managing director CHENNAREDDY SHIVAKUMARREDDY
Name of CFO RAJPETA KASTURI HANUMENTHAREDDY
Name of audit committee chairman KEERTHI NARAYAN
Name of statutory auditor M.S. RAJAGOPAL
Name of other signatory, if any, with designation
Place Bangalore
Date 30-05-2026