Integrated Filing — IndAS



General information about company

Scrip Code 522029
NSE Symbol WINDMACHIN
MSEI Symbol NOTLISTED
ISIN INE052A01021
Name of company WINDSOR MACHINES 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 03-11-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 28-10-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second 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 Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 03-11-2026   17:19:00
End date and time of board meeting 03-11-2026   18:48:00
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 Not applicable



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 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 18,277.86 33,164.58
Other income 157.18 205.63
Total income 18,435.04 33,370.21
2 Expenses
(a) Cost of materials consumed 15,260.98 27,211.10
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (2,011.81) (3,008.21)
(d) Employee benefit expense 2,817.41 4,819.29
(e) Finance costs 222.70 573.01
(f) Depreciation, depletion and amortisation expense 583.84 1,092.02
(f) Other Expenses
1 Other Expenses 2,053.22 3,353.47
Total other expenses 2,053.22 3,353.47
Total expenses 18,926.34 34,040.68
3 Total profit before exceptional items and tax (491.30) (670.47)
4 Exceptional items 0.00 0.00
5 Total profit before tax (491.30) (670.47)
6 Tax expense
7 Current tax 0.00 6.29
8 Deferred tax 35.34 (59.11)
9 Total tax expenses 35.34 (52.82)
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 (526.64) (617.65)
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 (526.64) (617.65)
17 Other comprehensive income net of taxes 26.17 26.17
18 Total Comprehensive Income for the period (500.47) (591.48)
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent (526.64) (617.65)
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent (500.47) (591.48)
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 2,069.19 2,069.19
Face value of equity share capital 2 2
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 -0.51 -0.63
Diluted earnings (loss) per share from continuing operations -0.51 -0.63
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 -0.51 -0.63
Diluted earnings (loss) per share from continuing and discontinued operations -0.51 -0.63
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 financial results were reviewed and recommended by the Audit Committee and were approved by the Board of Directors at its meeting held on November 03, 2026. 2. Segment Information (Consolidated) for the Quarter and Half year ended September 30, 2026 under SEBI (LODR) REGULATIONS, 2015. The segment assets and segment results include the assets and expenses respectively, which are identifiable with each segment and amounts allocated to the respective segments on a reasonable basis. 3. Statement of Consolidated Assets and Liabilities as on September 30, 2026. 4. Consolidated Cash Flow Statement 5. This statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 read with rule 3 of the Companies (Indian Accounting Standard) Rules, 2015 and Companies (Indian Accounting Standard) (Amendment) Rules, 2016. 6. The Company has filed for the voluntary judicial liquidation for Wintal Machines SRL, Italy (Wintal) (100% subsidiary) and the administrator appointed by the Court of Brescia has taken control on all the activities of the Wintal w.e.f. December 30, 2024. The Company has already provided for total investment and receivables from Wintal in standalone financial statements in the past and it does not expect any proceeds from the above Judicial Liquidation. 7. The Company on January 09, 2025 had allotted 2,60,62,027 warrants at a price of INR 191.85 per warrant (including a premium of Rs. 189.85 per warrant) convertible in to equivalent number of Equity Shares of face value of Rs. 2/- each within a period of 18 months, on receipt of the 25% of the consideration amount per Warrant. During the previous quarter ended June 30, 2026, the Company, upon receipt of the balance 75% of the issue price from the respective warrant holders, allotted an aggregate of 1,32,04,811 equity shares pursuant to the conversion of an equivalent number of warrants, comprising 27,80,000 equity shares to persons belonging to the Promoter Group and 1,04,24,811 equity shares to persons belonging to the Public Category, by way of Circular Resolutions passed by the Board of Directors on April 13, 2026 and June 18, 2026, respectively. During the quarter ended September 30, 2026, the Company, upon receipt of the balance 75% of the issue price from the respective warrant holders, allotted an aggregate of 17,32,405 equity shares pursuant to the conversion of an equivalent number of warrants to persons belonging to the Promoter Group , by way of Circular Resolutions passed by the Board of Directors on July 05, 2026. 8. Disclosure pursuant to Ind AS 105 “Non-current assets held for sale and discontinued operations”: Details of assets and liabilities held for sale as at September 30, 2026: The Company has shifted operations of Vatva & Chhatral plants to Chibhda, Rajkot. The Company has entered MOU for sale of Vatva, Chhatral and Thane plant. The sale of Jalgaon plant was completed in the quarter ended 30th June, 2026. Following is the carrying amount of the major class of assets of these three plants classified as held for sale as at September 30, 2026: Group(s) of assets classified as held for sale: As at September 30, 2026 As at March 31, 2026 Property, plant and equipment Rs. 25654.77 Lakhs Rs. 25,853.36 Lakhs As on September 30, 2026 the company has receivd advance against these assets held for sale of Rs. 16,640.08 lacs. 9. The Company has completed acquisition of Unitech Workholding Systems Private Limited (“Unitech”) on February 10, 2026 and Unitech has become subsidiary of the Company. The Unitech financials have been consolidated in the results from February 10, 2026, hence previous period figures are not comparable with current period. 10. During the year ended March 31, 2026, the Company has accounted for the following exceptional items of Rs. (430.72) Lakhs: (i) Onetime payment to workers of Vatva, Chhatral and Thane plants (Q1 FY 25-26) Rs. (1,161.61) Lakhs (ii) Less: Gain on Metoda land and building Sales (Q2 FY 25-26) Rs. 265.68 Lakhs (iii) Less: Gain on Balsar land and building Sales (Q4 FY 25-26) Rs. 465.22 Lakhs Total Exceptional Items for year ended March 31, 2026 (i-ii-iii) Rs. (430.72) Lakhs 11. The Company has got approval on March 19, 2026 from the Hon’ble National Company Law Tribunal, Ahmedabad Bench, under the provisions of Sections 230 to 232 of the Companies Act, 2013, for the Scheme of Amalgamation of Global CNC Private Limited (“Global”), a wholly-owned subsidiary, with the Company, with effect from the Appointed Date, i.e. April 1, 2025. The Scheme has become effective upon filling of certified copy with the Registrar of Companies, Ahmedabad on March 31, 2026. The Scheme has been given effect to in these financial statements by merging the carrying amount of assets and liabilities pertaining to the Global with the Company with effect from the Appointed Date. Further, the Company had acquired control over the erstwhile Global CNC Private Limited w.e.f. February 14, 2025. Consequent to the above, the comparative information in these results for the quarter and half year ended September 30, 2025 have been restated from the published financial results to give the impact of the Scheme. Provision for tax for the accounting periods commencing from April, 2025 has been recomputed post giving effect to the Scheme. Previous period figures have been restated for prior period adjustments and regrouped/reclassified, wherever necessary, to make them comparable with current period figures.



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 01-04-2026
Date of end of reporting period 30-09-2026
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 34,029.36
Capital work-in-progress 247.81
Investment property 0.00
Goodwill 3,715.37
Other intangible assets 468.40
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 0.05
Trade receivables, non-current
Loans, non-current 0.00
Other non-current financial assets
1 ROU Assets 503.96
2 Other Financial assets 26.82
Total of other non-current financial assets 530.78
Total non-current financial assets 530.83
Deferred tax assets (net) 589.62
Other non-current assets
Total of other non-current assets
Total non-current assets 39,581.39
2 Current assets
Inventories 33,491.61
Current financial asset
Current investments 8,750.52
Trade receivables, current 3,132.50
Cash and cash equivalents 3,647.90
Bank balance other than cash and cash equivalents 2,658.98
Loans, current 8.46
Other current financial assets
Total of other current financial assets 1,033.97
Total current financial assets 19,232.33
Current tax assets (net)
Other current assets
1 Other current assets 7,762.62
Total of other current assets 7,762.62
Total current assets 60,486.56
3 Non-current assets classified as held for sale 25,008.18
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 1,25,076.13
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 2,069.19
Other equity 68,162.39
Total equity attributable to owners of parent 70,231.58
Non controlling interest
Total equity 70,231.58
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 6,627.56
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 274.26
Total of other non-current financial liabilities 274.26
Total non-current financial liabilities 6,901.82
Provisions, non-current 0.00
Deferred tax liabilities (net) 5,556.52
Deferred government grants, Non-current
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 12,458.34
Current liabilities
Current financial liabilities
Borrowings, current 1,849.90
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 801.75
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 13,899.72
Total Trade payable 14,701.47
Other current financial liabilities
1 Other current financial liabilities 17,070.73
2 Lease liabilities 257.65
Total of other current financial liabilities 17,328.38
Total current financial liabilities 33,879.75
Other current liabilities 6,002.74
1 Other current liabilities 6,002.74
Total of other current liabilities 6,002.74
Provisions, current 425.61
Current tax liabilities (Net) 2,078.11
Deferred government grants, Current
Total current liabilities 42,386.21
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 54,844.55
Total equity and liabilites 1,25,076.13
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block

Textual Information(1) Refer note 11



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 01-07-2026 01-04-2026
Date of end of reporting period 30-09-2026 30-09-2026
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 Extrusion Machinery Division 2,602.55 5,295.28
2 Injection Moulding Machinery 10,019.41 17,591.88
3 CNC & VMC Machinery## 5,655.89 10,277.42
Total Segment Revenue 18,277.85 33,164.58
Less: Inter segment revenue
Revenue from operations 18,277.85 33,164.58
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Extrusion Machinery Division 13.03 113.56
2 Injection Moulding Machinery 880.76 1,793.76
3 CNC & VMC Machinery## 282.13 514.46
Total Profit before tax 1,175.92 2,421.78
i. Finance cost 222.70 573.01
ii. Other Unallocable Expenditure net off Unallocable income 1,444.52 2,519.24
Profit before tax (491.30) (670.47)
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Extrusion Machinery Division 21,998.18 21,998.18
2 Injection Moulding Machinery 28,403.57 28,403.57
3 CNC & VMC Machinery## 10,668.21 10,668.21
Total Segment Asset 61,069.96 61,069.96
Un-allocable Assets 64,006.18 64,006.18
Net Segment Asset 1,25,076.14 1,25,076.14
4 Segment Liabilities
Segment Liabilities
1 Extrusion Machinery Division 16,528.31 16,528.31
2 Injection Moulding Machinery 14,315.39 14,315.39
3 CNC & VMC Machinery## 0.00 0.00
Total Segment Liabilities 30,843.70 30,843.70
Un-allocable Liabilities 24,000.86 24,000.86
Net Segment Liabilities 54,844.56 54,844.56
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) Refer note 11 The segment assets and segment results include the assets and expenses respectively, which are identifiable with each segment and amounts allocated to the respective segments on a reasonable basis.



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 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
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 Remeasurement of the net defined benefit obligation gain / (loss) 26.17 26.17
Total Amount of items that will not be reclassified to profit and loss 26.17 26.17
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 26.17 26.17



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026
B Date of end of reporting period 30-09-2026
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax (670.47)
Adjustments for reconcile profit (loss)
Adjustments for finance costs 573.01
Adjustments for decrease (increase) in inventories (11,976.30)
Adjustments for decrease (increase) in trade receivables, current 673.18
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (3,898.25)
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 14,646.42
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 767.15
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 1,092.02
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current (0.11)
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 10.51
Adjustments for dividend income 0.00
Adjustments for interest income 182.45
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 9.65
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) 1,714.83
Net cash flows from (used in) operations 1,044.36
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 678.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 366.36
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 1,255.00
Purchase of property, plant and equipment 13,346.07
Proceeds from sales of investment property 0.00
Purchase of investment property 8,750.52
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 (0.59)
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 182.45
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (20,658.55)
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 21,492.79
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 1,004.21
Repayments of borrowings 507.06
Payments of lease liabilities 0.00
Dividends paid 1.28
Interest paid 573.01
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 21,415.65
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 1,123.46
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 1,123.46
Cash and cash equivalents cash flow statement at beginning of period 2,524.44
Cash and cash equivalents cash flow statement at end of period 3,647.90