| 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 | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 14-08-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 08-08-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | First 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 | |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 14-08-2026 16:30:00 |
| End date and time of board meeting | 14-08-2026 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 |
| 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 | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 486.03 | 486.03 | |
| Other income | 167.93 | 167.93 | |
| Total income | 653.96 | 653.96 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 163.79 | 163.79 |
| (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 | 177.05 | 177.05 |
| (e) | Finance costs | 11.13 | 11.13 |
| (f) | Depreciation, depletion and amortisation expense | 88.80 | 88.80 |
| (f) | Other Expenses | ||
| 1 | Direct Cost Hotels & Resorts | 183.24 | 183.24 |
| 2 | Other expenses | 262.38 | 262.38 |
| Total other expenses | 445.62 | 445.62 | |
| Total expenses | 886.39 | 886.39 | |
| 3 | Total profit before exceptional items and tax | (232.43) | (232.43) |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | (232.43) | (232.43) |
| 6 | Tax expense | ||
| 7 | Current tax | 0.00 | 0.00 |
| 8 | Deferred tax | 24.36 | 24.36 |
| 9 | Total tax expenses | 24.36 | 24.36 |
| 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 | (256.79) | (256.79) |
| 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 | (0.21) | (0.21) |
| 16 | Total profit (loss) for period | (257.00) | (257.00) |
| 17 | Other comprehensive income net of taxes | 0.22 | 0.22 |
| 18 | Total Comprehensive Income for the period | (256.78) | (256.78) |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | (252.85) | (252.85) | |
| Total profit or loss, attributable to non-controlling interests | (4.15) | (4.15) | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | (252.63) | (252.63) | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | (4.15) | (4.15) | |
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 6,993.58 | 6,993.58 | |
| 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 | -0.37 | -0.37 | |
| Diluted earnings (loss) per share from continuing operations | -0.37 | -0.37 | |
| 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 | -0.37 | -0.37 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | -0.37 | -0.37 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 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 14-08-2026. 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. In furtherance to the mediation proceedings pertaining to the disputes between the Investor Entities (i.e. White Stock Limited & Belclare Limited) and Prajay Entities including Prajay Engineers Syndicate Limited (The Company), The Settlement Agreement has been executed amongst and by the parties, under the auspices of International Arbitration and Mediation Centre, (IAMC) Hyderabad and the filing of the compromise terms before the National Company Law Tribunal (NCLT), Hyderabad has been completed. The cases filed by the Investor Entities before the Hon’ble NCLT Bench, Hyderabad have accordingly been disposed off. 5.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. 6. 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 7. Figures for the previous period/year have been regrouped, whereever considered necessary. 8. As a result of economic slowdown and continued recessionary tendencies in the realty sector, the realisations from customers are very slow. |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| 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 | 01-04-2026 | 01-04-2026 | |||||
| Date of end of reporting period | 30-06-2026 | 30-06-2026 | |||||
| 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 | 0.0015356 | 0.0015356 | ||||
| 2 | Hospitality - Hotels and Resorts | 0.0033247 | 0.0033247 | ||||
| Total Segment Revenue | 486.03 | 486.03 | |||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | 486.03 | 486.03 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Construction and Development | (295.12) | (295.12) | ||||
| 2 | Hospitality - Hotels and Resorts | (54.70) | (54.70) | ||||
| Total Profit before tax | (349.82) | (349.82) | |||||
| i. Finance cost | 11.13 | 11.13 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | (128.52) | (128.52) | |||||
| Profit before tax | (232.43) | (232.43) | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Construction and Development | 57,007.79 | 57,007.79 | ||||
| 2 | Hospitality - Hotels and Resorts | 16,397.28 | 16,397.28 | ||||
| Total Segment Asset | 73,405.07 | 73,405.07 | |||||
| Un-allocable Assets | 6,752.22 | 6,752.22 | |||||
| Net Segment Asset | 80,157.29 | 80,157.29 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Construction and Development | 14,165.61 | 14,165.61 | ||||
| 2 | Hospitality - Hotels and Resorts | 706.00 | 706.00 | ||||
| Total Segment Liabilities | 14,871.61 | 14,871.61 | |||||
| Un-allocable Liabilities | 1,818.17 | 1,818.17 | |||||
| Net Segment Liabilities | 16,689.78 | 16,689.78 | |||||
| Disclosure of notes on segments | Textual Information(2) | ||||||
| Textual Information(2) | 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 14-08-2026. 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. In furtherance to the mediation proceedings pertaining to the disputes between the Investor Entities (i.e. White Stock Limited & Belclare Limited) and Prajay Entities including Prajay Engineers Syndicate Limited (The Company), The Settlement Agreement has been executed amongst and by the parties, under the auspices of International Arbitration and Mediation Centre, (IAMC) Hyderabad and the filing of the compromise terms before the National Company Law Tribunal (NCLT), Hyderabad has been completed. The cases filed by the Investor Entities before the Hon’ble NCLT Bench, Hyderabad have accordingly been disposed off. 5.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. 6. 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 7. Figures for the previous period/year have been regrouped, whereever considered necessary. 8. As a result of economic slowdown and continued recessionary tendencies in the realty sector, the realisations from customers are very slow. |
|---|
| 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 | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| 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 | 0.26 | 0.26 |
| 2 | Remeasurement of the net defined benefit liability/asset Income Tax Effect | (0.04) | (0.04) |
| Total Amount of items that will not be reclassified to profit and loss | 0.22 | ||
| 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 | 0.22 | 0.22 |
| 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 | ||
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