Integrated Filing — IndAS

General information about company
Scrip Code	542580
NSE Symbol	AARTECH
MSEI Symbol	NOTLISTED
ISIN	INE01C001026
Name of company	AARTECH SOLONICS 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	21-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	14-May-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	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	Manufacturer of Electrical Items, Control & Relay Panels, Bus Transfer Systems, Ultracapacitors, Waste to Compost Machine etc.
Start date and time of board meeting	21-May-2025   14:30:00
End date and time of board meeting	21-May-2025   16:50:00
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	105537000	363522000
	Other income	-7130000	29795000
	Total income	98407000	393317000
2	Expenses
(a)	Cost of materials consumed	37006000	176342000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	2653000	532000
(d)	Employee benefit expense	17192000	47280000
(e)	Finance costs	1051000	5477000
(f)	Depreciation, depletion and amortisation expense	1128000	5033000
(f)	Other Expenses
1	Impairment Losses	39310000	39310000
2	Other Expenses	29227000	102195000
	Total other expenses	68537000	141505000
	Total expenses	127567000	376169000
3	Total profit before exceptional items and tax	-29160000	17148000
4	Exceptional items	0	0
5	Total profit before tax	-29160000	17148000
6	Tax expense
7	Current tax	-6656000	2703000
8	Deferred tax	-6048000	-12996000
9	Total tax expenses	-12704000	-10293000
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	-16456000	27441000
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	201000	201000
16	Total profit (loss) for period	-16255000	27642000
17	Other comprehensive income net of taxes	-150000	-150000
18	Total Comprehensive Income for the period	-16405000	27492000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	-16673000	27300000
	Total profit or loss, attributable to non-controlling interests	417000	417000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	-16822000	27150000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	417000	342000
21	Details of equity share capital
	Paid-up equity share capital	158852000	158852000
	Face value of equity share capital	5	5
27	Details of debt securities
22	Reserves excluding revaluation reserve		0
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	-0.51	0.87
	Diluted earnings (loss) per share from continuing operations	-0.51	0.87
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	0.87
	Diluted earnings (loss) per share from continuing and discontinued operations	-0.51	0.87
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results

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	45581000
	Capital work-in-progress	518000
	Investment property
	Goodwill	0
	Other intangible assets	0
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	14823000
	Trade receivables, non-current
	Loans, non-current	0
	Other non-current financial assets	10199000
	Total non-current financial assets	25022000
	Deferred tax assets (net)	15882000
	Other non-current assets	0
	Total non-current assets	87003000
2	Current assets
	Inventories	108047000
	Current financial asset
	Current investments	117032000
	Trade receivables, current	58878000
	Cash and cash equivalents	23768000
	Bank balance other than cash and cash equivalents	0
	Loans, current	0
	Other current financial assets	134000
	Total current financial assets	199812000
	Current tax assets (net)	1738000
	Other current assets	31493000
	Total current assets	341090000
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	428093000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	158852000
	Other equity	155704000
	Total equity attributable to owners of parent	314556000
	Non controlling interest	383000
	Total equity	314939000
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
	Total non-current financial liabilities	0
	Provisions, non-current	3488000
	Deferred tax liabilities (net)
	Deferred government grants, Non-current
	Other non-current liabilities	1445000
	Total non-current liabilities	4933000
	Current liabilities
	Current financial liabilities
	Borrowings, current	55819000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	647000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	41076000
	Total Trade payable	41723000
	Other current financial liabilities	5491000
	Total current financial liabilities	103033000
	Other current liabilities	4632000
	Provisions, current	0
	Current tax liabilities (Net)	556000
	Deferred government grants, Current
	Total current liabilities	108221000
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	113154000
	Total equity and liabilites	428093000
	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	Remeasurement of net defined benefit obligation (net of taxes)	-150000	-150000
	Total Amount of items that will not be reclassified to profit and loss	-150000	-150000
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	-150000	-150000

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			17148000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			0
	Adjustments for decrease (increase) in inventories			-30634000
	Adjustments for decrease (increase) in trade receivables, current			32091000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-16724000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			143000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-13259000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-1010000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			5033000
	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			-1186000
	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			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)			0
	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)			-25546000
	Net cash flows from (used in) operations			-8398000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			-4224000
	Other inflows (outflows) of cash			-11109000
	Net cash flows from (used in) operating activities			-15283000
	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			818000
	Purchase of property, plant and equipment			4907000
	Proceeds from sales of investment property			21143000
	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			3140000
	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			969000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-8344000
	Net cash flows from (used in) investing activities	12819000
	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			14725000
	Repayments of borrowings			0
	Payments of lease liabilities			-204000
	Dividends paid			7943000
	Interest paid			4154000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			2832000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			368000
	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			368000
	Cash and cash equivalents cash flow statement at beginning of period			23398000
	Cash and cash equivalents cash flow statement at end of period			23766000