Integrated Filing — IndAS

General information about company
Scrip Code	526608
NSE Symbol	ELECTHERM
MSEI Symbol	NOTLISTED
ISIN	INE822G01016
Name of company	ELECTROTHERM (INDIA) 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	20-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	12-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
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	Multi segment
Description of single segment
Start date and time of board meeting	20-May-2025   10:55:00
End date and time of board meeting	20-May-2025   16:30:00
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
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-05-20
Indicate Company website link for updated RPT policy of the Company	www.electrotherm.com
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	Yes

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	Standalone	Standalone
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	11610800000	41153700000
	Other income	24000000	75500000
	Total income	11634800000	41229200000
2	Expenses
(a)	Cost of materials consumed	7174000000	27235600000
(b)	Purchases of stock-in-trade	49900000	557900000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	1217700000	278800000
(d)	Employee benefit expense	507900000	1988500000
(e)	Finance costs	81800000	455200000
(f)	Depreciation, depletion and amortisation expense	121600000	443900000
(f)	Other Expenses
1	Other Expenses	2016600000	7372500000
	Total other expenses	2016600000	7372500000
	Total expenses	11169500000	38332400000
3	Total profit before exceptional items and tax	465300000	2896800000
4	Exceptional items	1067800000	1067800000
5	Total profit before tax	1533100000	3964600000
6	Tax expense
7	Current tax	0	0
8	Deferred tax	-321400000	-321400000
9	Total tax expenses	-321400000	-321400000
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	1854500000	4286000000
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	1854500000	4286000000
17	Other comprehensive income net of taxes	-11000000	-27800000
18	Total Comprehensive Income for the period	1843500000	4258200000
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	127400000	127400000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		-3206900000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	145.57	336.42
	Diluted earnings (loss) per share from continuing operations	145.57	336.42
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	145.57	336.42
	Diluted earnings (loss) per share from continuing and discontinued operations	145.57	336.42
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		1. The above Standalone Financial Results of Electrotherm (India) Limited the Company were reviewed and recommended by the Audit Committee meeting held on May 19,2025 and approved by the Board of Directors at their meeting held on May 20, 2025. n2. The figures of the last quarter are the balancing figure between audited figures in respect of the financial year ended March 31, 2025 and March 31, 2024 and the unaudited published year to date figures upto December 31, 2024 and December 31, 2023 respectively, being the date of the end of third quarter of the respective financial year, which were subjected to limited review. n3. As per Ind AS 108 Operating Segments, if a financial report contains both consolidated financial statements and the standalone financial statements of the Parent Company, segment information may be presented based on the consolidated financial statements. Thus, disclosure required by Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 on segment information is given in consolidated financial results. nFurther Notes as per the Audited Financial Results submitted on 20.05.2025.

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		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	5946700000
	Capital work-in-progress	976700000
	Investment property	0
	Goodwill	0
	Other intangible assets	57300000
	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	100300000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	308600000
	Total non-current financial assets	408900000
	Deferred tax assets (net)	321400000
	Other non-current assets	229600000
	Total non-current assets	7940600000
2	Current assets
	Inventories	5925700000
	Current financial asset
	Current investments	500000
	Trade receivables, current	2458400000
	Cash and cash equivalents	87900000
	Bank balance other than cash and cash equivalents	630400000
	Loans, current	0
	Other current financial assets	12200000
	Total current financial assets	3189400000
	Current tax assets (net)	118300000
	Other current assets	1799600000
	Total current assets	11033000000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	18973600000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	127400000
	Other equity	-1261700000
	Total equity attributable to owners of parent	-1134300000
	Non controlling interest
	Total equity	-1134300000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	3532600000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	19800000
	Total non-current financial liabilities	3552400000
	Provisions, non-current	296000000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	3848400000
	Current liabilities
	Current financial liabilities
	Borrowings, current	8664500000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	698500000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	3879100000
	Total Trade payable	4577600000
	Other current financial liabilities	150300000
	Total current financial liabilities	13392400000
	Other current liabilities	2639000000
	Provisions, current	228100000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	16259500000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	20107900000
	Total equity and liabilites	18973600000
	Disclosure of notes on assets and liabilities	Textual Information(1)

Text Block
Textual Information(1)	Further Notes as per the Audited Financial Results submitted on 20.05.2025.

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		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Not Applicable	0	0
	Total Segment Revenue	0	0
	Less: Inter segment revenue	0	0
	Revenue from operations	0	0
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Not Applicable	0	0
	Total Profit before tax	0	0
	i. Finance cost	0	0
	ii. Other Unallocable Expenditure net off Unallocable income	0	0
	Profit before tax	0	0
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Not Applicable	0	0
	Total Segment Asset	0	0
	Un-allocable Assets	0	0
	Net Segment Asset	0	0
4	Segment Liabilities
	Segment Liabilities
1	Not Applicable	0	0
	Total Segment Liabilities	0	0
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	0	0
	Disclosure of notes on segments	Textual Information(2)

Text Block
Textual Information(2)	Further Notes as per the Audited Financial Results submitted on 20.05.2025. n

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	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurement Gain/(Loss) on Defined Benefit Plans	-11000000	-27800000
	Total Amount of items that will not be reclassified to profit and loss	-11000000	-27800000
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	0	0
5	Total Other comprehensive income	-11000000	-27800000

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			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			3964600000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			422700000
	Adjustments for decrease (increase) in inventories			206800000
	Adjustments for decrease (increase) in trade receivables, current			-368600000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			57000000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			500000
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			-342900000
	Adjustments for increase (decrease) in trade payables, current			313100000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-406100000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			443900000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			-848800000
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			39600000
	Adjustments for other financial liabilities, current			10200000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-33800000
	Adjustments for dividend income			0
	Adjustments for interest income			0
	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)			-144100000
	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)			-650500000
	Net cash flows from (used in) operations			3314100000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			30300000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			3283800000
	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			100000
	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			890600000
	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			27500000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-186400000
	Net cash flows from (used in) investing activities	-1049400000
	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			0
	Repayments of borrowings			2055100000
	Payments of lease liabilities			7900000
	Dividends paid			0
	Interest paid			632300000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-2695300000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-460900000
	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			-460900000
	Cash and cash equivalents cash flow statement at beginning of period			548800000
	Cash and cash equivalents cash flow statement at end of period			87900000

Audit qualification
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)

Text Block
Textual Information(1)	Non-provision of interest on Non-Performing Assets (NPA) account of Rare Asset Reconstruction Limited (being debt assignee of Indian Overseas Bank) of Rs. 131.80 Crore for the year under consideration and the total amount of such unprovided interest till date is Rs. 916.51 Crore.
Textual Information(2)	The loan account of the Company has been classified as Non-Performing Assets (NPA) by Rare Asset Reconstruction Limited (being debt assignee of Indian Overseas Bank) and said bank / ARC has not charged interest on the said account and therefore provision for interest has not been made in the books of account. The quantification has been done only for the loan which has not been settled.
Textual Information(3)	Not Applicable
Textual Information(4)	Not Applicable
Textual Information(5)	Not Applicable