Integrated Filing — IndAS

General information about company
Scrip Code	543972
NSE Symbol	AEROFLEX
MSEI Symbol	NOTLISTED
ISIN	INE024001021
Name of company	Aeroflex Industries Limited
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	30-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	25-Apr-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth 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	Audited
Segment Reporting	Single segment
Description of single segment	Manufacturing of product
Start date and time of board meeting	30-Apr-2025   16:00:00
End date and time of board meeting	30-Apr-2025   17:35:00
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
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Unaudited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	916917000	3762279000
	Other income	1220000	25345000
	Total income	918137000	3787624000
2	Expenses
(a)	Cost of materials consumed	513772000	2200604000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	23083000	37335000
(d)	Employee benefit expense	92494000	352815000
(e)	Finance costs	1337000	3592000
(f)	Depreciation, depletion and amortisation expense	39546000	112723000
(f)	Other Expenses
1	Other Expenses	98672000	381074000
	Total other expenses	98672000	381074000
	Total expenses	768904000	3088143000
3	Total profit before exceptional items and tax	149233000	699481000
4	Exceptional items	0	0
5	Total profit before tax	149233000	699481000
6	Tax expense
7	Current tax	27800000	165951000
8	Deferred tax	9114000	8454000
9	Total tax expenses	36914000	174405000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	112319000	525076000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	112319000	525076000
17	Other comprehensive income net of taxes	-29000	22000
18	Total Comprehensive Income for the period	112290000	525098000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	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
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	258641000	258641000
	Face value of equity share capital	2	2
27	Details of debt securities
22	Reserves excluding revaluation reserve		3165522000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	0.87	4.06
	Diluted earnings (loss) per share from continuing operations	0.87	4.06
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	0.87	4.06
	Diluted earnings (loss) per share from continuing and discontinued operations	0.87	4.06
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		Notes: n1.The above results have been reviewed by the audit committee and approved by the board of directors at its meeting held on April 30, 2025. The same have also been subjected to limited review by the statutory auditors and the report does not have any impact on the above Results and Notes for the quarter and twelve months ended March 31 , 2025 which needs to be explained. n2. Exceptional items There is no exceptional items during this quarter. n3.The company has launched a new product Metal Bellows with an annual production capacity of 1,20,000 pieces. n4. The Board of Directors of the Company has recommended a Final Dividend of Rs. 0.30 15 percentage per Equity Share of Rs. 2 each for the financial year ended 31st March, 2025 to be paid on fully paid Equity Shares amounting to Rs. 387.96 lakhs. The Final Dividend is subject to the approval of shareholders at the Annual General Meeting for the financial year ended 31st March, 2025. n5. The company's UK subsidiary has been struck off from Companies House, United Kingdom, on 18th March 2025. n6.The standalone financial results for the quarter ended March 31, 2025 are summarised below and detailed financial results are available on Company's website www.aeroflexindia.com and have been submitted to the BSE Limited www.bseindia.com and National Stock Exchange of India Limited www.nseindia.com where the equity shares of the company are listed. n n t tQuarter endedtYear ended nParticulars t t31.03.2025 t31.12.2024 Unauditedt31.03.2024 t31.03.2025 Auditedt31.03.2024 Audited nRevenue from operationst t 9,423.33 t 9,688.74 t 7,775.31 t 37,290.45 t 31,784.40 nProfit loss before tax t t 1,465.13 t 1,922.56 t 1,397.35 t 6,913.85 t 5,726.78 nProfit loss for the period t t 1,111.00 t 1,481.81 t 1,005.73 t 5,189.81 t 4,175.15 nOther comprehensive income t t - t - t - t - t - nTotal comprehensive income for the period t t 1,111.00 t 1,481.81 t 1,005.73 t 5,189.81 t 4,175.15 n7. The Company operates in a single segment manufacturing of product, hence segment-wise reporting is not applicable. n8. Figures for the previous periods have been regrouped reclassified to conform to the figures of the current periods. n9. This statement is as per Regulation 33 of the SEBl Listing Obligations and Disclosure Requirements Regulations, 2015. n

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	1696610000
	Capital work-in-progress	98422000
	Investment property	0
	Goodwill	12675000
	Other intangible assets	8826000
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current
	Loans, non-current	0
	Other non-current financial assets	27262000
	Total non-current financial assets	27262000
	Deferred tax assets (net)
	Other non-current assets	26901000
	Total non-current assets	1870696000
2	Current assets
	Inventories	666828000
	Current financial asset
	Current investments	0
	Trade receivables, current	1165179000
	Cash and cash equivalents	263019000
	Bank balance other than cash and cash equivalents	4485000
	Loans, current	0
	Other current financial assets
	Total current financial assets	1432683000
	Current tax assets (net)
	Other current assets	295304000
	Total current assets	2394815000
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	4265511000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	258641000
	Other equity	3165522000
	Total equity attributable to owners of parent	3424163000
	Non controlling interest	0
	Total equity	3424163000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	3264000
	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
	Total non-current financial liabilities	3264000
	Provisions, non-current	0
	Deferred tax liabilities (net)	15649000
	Deferred government grants, Non-current
	Other non-current liabilities
	Total non-current liabilities	18913000
	Current liabilities
	Current financial liabilities
	Borrowings, current	2571000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	42569000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	525735000
	Total Trade payable	568304000
	Other current financial liabilities
	Total current financial liabilities	570875000
	Other current liabilities	197685000
	Provisions, current	0
	Current tax liabilities (Net)	53875000
	Deferred government grants, Current
	Total current liabilities	822435000
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	841348000
	Total equity and liabilites	4265511000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
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-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Unaudited	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
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Unaudited	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	0	0
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	29000	-22000
5	Total Other comprehensive income	-29000	22000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Unaudited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			699481000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			3592000
	Adjustments for decrease (increase) in inventories			-77405000
	Adjustments for decrease (increase) in trade receivables, current			-217951000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-88410000
	Adjustments for decrease (increase) in other non-current assets			3582000
	Adjustments for other financial assets, non-current			7322000
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			16878000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-6803000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			112723000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			0
	Adjustments for dividend income			0
	Adjustments for interest income			23037000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			1818000
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-267691000
	Net cash flows from (used in) operations			431790000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			165951000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			265839000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			0
	Purchase of property, plant and equipment			1034628000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			23037000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			275068000
	Net cash flows from (used in) investing activities	-736523000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			6400000
	Repayments of borrowings			1777000
	Payments of lease liabilities			0
	Dividends paid			32330000
	Interest paid			3592000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-31299000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-501983000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-501983000
	Cash and cash equivalents cash flow statement at beginning of period			765003000
	Cash and cash equivalents cash flow statement at end of period			263020000