Integrated Filing — IndAS

General information about company
Scrip Code	506022
NSE Symbol	PRAKASH
MSEI Symbol	NOTLISTED
ISIN	INE603A01013
Name of company	PRAKASH 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	23-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	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	Single segment
Description of single segment	Iron & Steel
Start date and time of board meeting	23-May-2025   12:00:00
End date and time of board meeting	23-May-2025   14:10:00
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	2025-02-08
Indicate Company website link for updated RPT policy of the Company	https://prakash.com/pdfs/Policy-for-Related-Party-Transaction.pdf
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?	No
Not Applicable

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	8446400000	40143500000
	Other income	68100000	254700000
	Total income	8514500000	40398200000
2	Expenses
(a)	Cost of materials consumed	5437000000	28521300000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	38900000	-153000000
(d)	Employee benefit expense	669600000	2714300000
(e)	Finance costs	109600000	463400000
(f)	Depreciation, depletion and amortisation expense	361800000	1427000000
(f)	Other Expenses
1	Other Expenses	984700000	3865700000
	Total other expenses	984700000	3865700000
	Total expenses	7601600000	36838700000
3	Total profit before exceptional items and tax	912900000	3559500000
4	Exceptional items	0	0
5	Total profit before tax	912900000	3559500000
6	Tax expense
7	Current tax	4600000	5000000
8	Deferred tax	0	0
9	Total tax expenses	4600000	5000000
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	908300000	3554500000
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	908300000	3554500000
17	Other comprehensive income net of taxes	-35600000	-76000000
18	Total Comprehensive Income for the period	872700000	3478500000
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	1798000000	1798000000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		31395700000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	5.07	19.85
	Diluted earnings (loss) per share from continuing operations	5.07	19.85
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	5.07	19.85
	Diluted earnings (loss) per share from continuing and discontinued operations	5.07	19.85
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		Notes: n n1.tThe above Audited Financial Results for the quarter and year ended 31st March, 2025 have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on 23rd May, 2025. n n2.tThe 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 as amended and other recognised accounting practices and policies to the extent applicable. n n3.tOther income for previous year ended 31st March, 2024 includes Rs. 3,663 relating to sale of some assets, therefore, other income for the current year ended 31st March, 2025 is not comparable with previous year. n n4.tThe deferred tax Liability of Rs. 1,466 lakhs and Rs. 3,146 lakhs for the quarter and Year ended on 31st March, 2025 respectively has been adjusted against Securities Premium Account in terms of a court order. n n5.tThe Board of Directors has recommended a dividend of Rs. 1.50 per equity share of Rs. 10 each for the year ended 31st March, 2025. The payment is subject to approval of shareholders at their ensuing Annual General Meeting. n n6.tThe Company operates in one segment only i.e. “Iron & Steel” and therefore, has only one reportable segment in accordance with IND AS 108 ”operating segments”. n n7.t The figures for the quarter ended 31st March, 2025 and 31st March, 2024 are the balancing figures between audited figures in respect of the full financial year and unaudited year to date published figures up to the third quarter ended 31st December, 2024 and 31st December, 2023 respectively . n n8.t Previous period/year figures have been regrouped/reclassified, wherever considered necessary to make them comparable. n 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		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	29383000000
	Capital work-in-progress	0
	Investment property	0
	Goodwill	0
	Other intangible assets	3352200000
	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	0
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	296400000
	Total non-current financial assets	296400000
	Deferred tax assets (net)	4000000
	Other non-current assets	143400000
	Total non-current assets	33179000000
2	Current assets
	Inventories	4835600000
	Current financial asset
	Current investments	0
	Trade receivables, current	1736900000
	Cash and cash equivalents	225700000
	Bank balance other than cash and cash equivalents	2484000000
	Loans, current	0
	Other current financial assets	49100000
	Total current financial assets	4495700000
	Current tax assets (net)	0
	Other current assets	2337300000
	Total current assets	11668600000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	44847600000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	1790800000
	Other equity	31395700000
	Total equity attributable to owners of parent	33186500000
	Non controlling interest
	Total equity	33186500000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	801700000
	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	16600000
	Total non-current financial liabilities	818300000
	Provisions, non-current	0
	Deferred tax liabilities (net)	612200000
	Deferred government grants, Non-current	0
	Other non-current liabilities	934100000
	Total non-current liabilities	2364600000
	Current liabilities
	Current financial liabilities
	Borrowings, current	3412000000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	77000000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	1041900000
	Total Trade payable	1118900000
	Other current financial liabilities	3241000000
	Total current financial liabilities	7771900000
	Other current liabilities	488200000
	Provisions, current	434000000
	Current tax liabilities (Net)	602400000
	Deferred government grants, Current	0
	Total current liabilities	9296500000
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	11661100000
	Total equity and liabilites	44847600000
	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		Standalone	Standalone
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	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurement of defined benefit plans	-35600000	-76000000
	Total Amount of items that will not be reclassified to profit and loss	-35600000	-76000000
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	-35600000	-76000000

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			3559500000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			463400000
	Adjustments for decrease (increase) in inventories			-1828900000
	Adjustments for decrease (increase) in trade receivables, current			-902800000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-1130200000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			21200000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-103900000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-67000000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			1427000000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			57800000
	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			234100000
	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)			-2297500000
	Net cash flows from (used in) operations			1262000000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			-174300000
	Other inflows (outflows) of cash			-17300000
	Net cash flows from (used in) operating activities			1419000000
	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			39500000
	Purchase of property, plant and equipment			1746700000
	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			240100000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			211800000
	Net cash flows from (used in) investing activities	-1255300000
	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			607900000
	Repayments of borrowings			0
	Payments of lease liabilities			0
	Dividends paid			214900000
	Interest paid			0
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-371800000
	Net cash flows from (used in) financing activities			21200000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			184900000
	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			184900000
	Cash and cash equivalents cash flow statement at beginning of period			40800000
	Cash and cash equivalents cash flow statement at end of period			225700000

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	Since how long continuing	Textual Information(2)	Textual Information(3)	Textual Information(4)	Textual Information(5)

Text Block
Textual Information(1)	The deferred tax Liability of Rs 1,466 lakhs and Rs.3,146 for the quarter and year ended on March 31, 2025 respectively has been adjusted against Securities Premium Account in terms of a court order. Had deferred tax liability been accounted for pursuant to Ind AS -12 ' Income Taxes' ,net profit and total comprehensive income after tax for the quarter and year ended on March 31, 2025 would have been lower by Rs.1,466 lakhs and Rs. 3,146 lakhs respectively.
Textual Information(2)	The net deferred tax liability computed in terms of Ind AS-12 Income Tax amounting to Rs. 3,146 Lakhs has been adjusted against Securities Premium Account. This has been in terms of Honble Punjab & Haryana High Court order dated 23rd August 2007.
Textual Information(3)	Same
Textual Information(4)	N.A.
Textual Information(5)	Agreed