Integrated Filing — IndAS

General information about company
Scrip Code	544264
NSE Symbol	DIFFNKG
MSEI Symbol	NOTLISTED
ISIN	INE184O01015
Name of company	DIFFUSION ENGINEERS 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	15-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange
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	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	Welding Fabrication Technology and Engineering
Start date and time of board meeting	15-May-2025   15:10:00
End date and time of board meeting	15-May-2025   18:18:00
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	Audited	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	1024480000	3351960000
	Other income	50360000	93270000
	Total income	1074840000	3445230000
2	Expenses
(a)	Cost of materials consumed	491620000	1655230000
(b)	Purchases of stock-in-trade	3060000	211610000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	52570000	-107210000
(d)	Employee benefit expense	110270000	419020000
(e)	Finance costs	3990000	22740000
(f)	Depreciation, depletion and amortisation expense	13130000	52750000
(f)	Other Expenses
1	Manufacturing expenses	147060000	468930000
2	Other expenses	72890000	233610000
	Total other expenses	219950000	702540000
	Total expenses	894590000	2956680000
3	Total profit before exceptional items and tax	180250000	488550000
4	Exceptional items	0	0
5	Total profit before tax	180250000	488550000
6	Tax expense
7	Current tax	47380000	105130000
8	Deferred tax	2640000	3500000
9	Total tax expenses	50020000	108630000
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	130230000	379920000
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	-120000	-19510000
16	Total profit (loss) for period	130110000	360410000
17	Other comprehensive income net of taxes	-760000	510000
18	Total Comprehensive Income for the period	129350000	360920000
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	374260000	374260000
	Face value of equity share capital	374.26	374.26
27	Details of debt securities
22	Reserves excluding revaluation reserve		3314510000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	3.49	9.59
	Diluted earnings (loss) per share from continuing operations	3.49	9.59
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	3.49	9.59
	Diluted earnings (loss) per share from continuing and discontinued operations	3.49	9.59
24	Debt equity ratio	0.0006	0.0006
25	Debt service coverage ratio	0.2937	0.2937
26	Interest service coverage ratio
27	Disclosure of notes on financial results		1.The equity shares of the Company have been listed on National Stock Exchange of India Limited and on BSE Limited on October 4 2024 by completing Initial Public Offer of 9355000 equity shares of face value of Rs 10 each at an issue price of Rs. 168 per equity share aggregating to Rs. 1571.64 million and 50,000 equity shares to employees of face value of Rs. 10 each and an issue price of Rs. 160 per equity shares including share premium of Rs. 150 per equity share aggregating to Rs. 8 million. Total amount aggregating to Rs. 1579.64 million. n n2.These audited financial results have been prepared in accordance with Indian Accounting Standards Ind AS prescribed under Section 133 of the Companies Act.2013 and other accounting principles generally accepted in India and in terms of Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations 2015. n n3.The above audited consolidated financial results for the quarter ended 31st March 2025 and for the year ended 31st March 2025 in respect of Diffusion Engineers Limited have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on 14th May 2025 and 15th May 2025 respectively. The Statutory auditors have expressed unmodified opinion on financial results for the quarter ended 31st March 2025 and for the year ended 31st March 2025 n n4.The Audited Financial Results for the quarter ended March 31, 2025 is the balancing figures between audited figures in respect of the full financial year and the audited year to date figures of the third quarter of the respective period ended 31St December, 2024. n nMarch 31, 2024 extracted from the audited Financials Statement of that period. n n5.As a result of the Management review mechanism, the Company has one segment Welding Fabrication Technology and Engineering which includes Manufacturing Trading and Job Work. n6.Dividends Paid by Diffusion Wear Solutions Philippines Inc. have been recognized as income in Diffusion Engineers Singapore Pte Ltd's standalone financial statements for FY 2024–2025. However in the consolidated financial statements the dividend received from group company are eliminated as intercompany transactions do not impact the group’s consolidated profit. n n7.The Board of Directors has recommended dividend of 15%, subject to the approval of shareholder scheme. n n8.The figures of previous periods year are reclassified regrouped and rearranged wherever necessary so as to make them comparable with current period's figures. 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	974000000
	Capital work-in-progress	31440000
	Investment property	0
	Goodwill	0
	Other intangible assets	4830000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	346010000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	90460000
	Total non-current financial assets	436470000
	Deferred tax assets (net)
	Other non-current assets
	Total non-current assets	1446740000
2	Current assets
	Inventories	682730000
	Current financial asset
	Current investments	0
	Trade receivables, current	848010000
	Cash and cash equivalents	1270540000
	Bank balance other than cash and cash equivalents	0
	Loans, current	117550000
	Other current financial assets	10680000
	Total current financial assets	2246780000
	Current tax assets (net)
	Other current assets	68170000
	Total current assets	2997680000
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	4444420000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	374260000
	Other equity	3314510000
	Total equity attributable to owners of parent	3688770000
	Non controlling interest	4460000
	Total equity	3693230000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	0
	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	10280000
	Total non-current financial liabilities	10280000
	Provisions, non-current	0
	Deferred tax liabilities (net)	55940000
	Deferred government grants, Non-current
	Other non-current liabilities
	Total non-current liabilities	66220000
	Current liabilities
	Current financial liabilities
	Borrowings, current	232140000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	28830000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	256080000
	Total Trade payable	284910000
	Other current financial liabilities	8990000
	Total current financial liabilities	526040000
	Other current liabilities	137440000
	Provisions, current	21490000
	Current tax liabilities (Net)
	Deferred government grants, Current
	Total current liabilities	684970000
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	751190000
	Total equity and liabilites	4444420000
	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		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
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	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	Remeasurements of the defined benefit plans	-3410000	-1800000
2	Income tax effect on above	750000	410000
3	Foreign currency translation of foreign operations	1900000	1900000
	Total Amount of items that will not be reclassified to profit and loss	-760000	510000
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
5	Total Other comprehensive income	-760000	510000

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			Audited
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			488550000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			0
	Adjustments for decrease (increase) in inventories			-150610000
	Adjustments for decrease (increase) in trade receivables, current			-180240000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-31090000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-37210000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			42690000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			52750000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			12840000
	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			1900000
	Adjustments for dividend income			0
	Adjustments for interest income			42010000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			7400000
	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)			0
	Other adjustments for non-cash items			7120000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-316460000
	Net cash flows from (used in) operations			172090000
	Dividends received			0
	Interest paid			-22740000
	Interest received			0
	Income taxes paid (refund)			108630000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			86200000
	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			80980000
	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			148850000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			580000
	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			7450000
	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			42010000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) investing activities	-180950000
	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			1438080000
	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			-112210000
	Repayments of borrowings			0
	Payments of lease liabilities			0
	Dividends paid			15960000
	Interest paid			22740000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			1287170000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			1192420000
	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			1192420000
	Cash and cash equivalents cash flow statement at beginning of period			78130000
	Cash and cash equivalents cash flow statement at end of period			1270550000