Integrated Filing — IndAS

General information about company
Scrip Code	544061
NSE Symbol	AZAD
MSEI Symbol	NOTLISTED
ISIN	INE02IJ01035
Name of company	AZAD ENGINEERING 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	15-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	Manufacturing
Start date and time of board meeting	23-May-2025   15:30:00
End date and time of board meeting	23-May-2025   17:30:00
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	Declaration of unmodified opinion
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	2023-09-13
Indicate Company website link for updated RPT policy of the Company	https://azad.in/wp-content/uploads/2024/02/RPT-Policy.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?	Yes
No. of times funds raised during the quarter	1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
Not applicable for this quarter

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	1245190000	4529280000
	Other income	37790000	115490000
	Total income	1282980000	4644770000
2	Expenses
(a)	Cost of materials consumed	291420000	1034300000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-134940000	-407060000
(d)	Employee benefit expense	245720000	909920000
(e)	Finance costs	35990000	179360000
(f)	Depreciation, depletion and amortisation expense	88300000	285910000
(f)	Other Expenses
1	Stores and spares consumed	51480000	174020000
2	Job work charges	106250000	368710000
3	Tools	47240000	186680000
4	Repairs and maintenance	10160000	39040000
5	Transportation charges	28180000	97490000
6	Power and fuel	45010000	160230000
7	Inspection and testing	11820000	24890000
8	Outsourced manpower cost	25410000	85600000
9	Provision for credit impaired trade receivable	0	35760000
10	Others	63070000	209750000
	Total other expenses	388620000	1382170000
	Total expenses	915110000	3384600000
3	Total profit before exceptional items and tax	367870000	1260170000
4	Exceptional items	0	0
5	Total profit before tax	367870000	1260170000
6	Tax expense
7	Current tax	59570000	327420000
8	Deferred tax	47960000	47500000
9	Total tax expenses	107530000	374920000
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	260340000	885250000
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	260340000	885250000
17	Other comprehensive income net of taxes	2320000	-940000
18	Total Comprehensive Income for the period	262660000	884310000
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	129160000	129160000
	Face value of equity share capital	2	2
27	Details of debt securities
22	Reserves excluding revaluation reserve		14046870000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	4.28	14.87
	Diluted earnings (loss) per share from continuing operations	4.28	14.87
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	4.28	14.87
	Diluted earnings (loss) per share from continuing and discontinued operations	4.28	14.87
24	Debt equity ratio	0.0017	0.0017
25	Debt service coverage ratio	0.06	0.0481
26	Interest service coverage ratio	0.1017	0.0738
27	Disclosure of notes on financial results		Refer notes on Financials results uploaded for the quarter and year ended March 31, 2025

Remarks
Debt equity ratio
Debt service coverage ratio	Improvement in ratio is in line with the Increase in profit during the year.
Interest service coverage ratio	The interest service coverage is 11.22 time due to higher earnings before Interest

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	4010200000
	Capital work-in-progress	797800000
	Investment property	0
	Goodwill	0
	Other intangible assets	131330000
	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	200000
	Trade receivables, non-current	0
	Loans, non-current	188880000
	Other non-current financial assets	316430000
	Total non-current financial assets	505510000
	Deferred tax assets (net)	0
	Other non-current assets	1190400000
	Total non-current assets	6635240000
2	Current assets
	Inventories	1884830000
	Current financial asset
	Current investments	0
	Trade receivables, current	2215820000
	Cash and cash equivalents	403750000
	Bank balance other than cash and cash equivalents	6555440000
	Loans, current	0
	Other current financial assets	40410000
	Total current financial assets	9215420000
	Current tax assets (net)	0
	Other current assets	809790000
	Total current assets	11910040000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	18545280000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	129160000
	Other equity	14046870000
	Total equity attributable to owners of parent	14176030000
	Non controlling interest
	Total equity	14176030000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	1679020000
	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	123650000
	Total non-current financial liabilities	1802670000
	Provisions, non-current	45890000
	Deferred tax liabilities (net)	274380000
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	2122940000
	Current liabilities
	Current financial liabilities
	Borrowings, current	704350000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	299810000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	489770000
	Total Trade payable	789580000
	Other current financial liabilities	503720000
	Total current financial liabilities	1997650000
	Other current liabilities	63770000
	Provisions, current	6250000
	Current tax liabilities (Net)	178640000
	Deferred government grants, Current	0
	Total current liabilities	2246310000
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	4369250000
	Total equity and liabilites	18545280000
	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 gains / (losses) on defined benefit plans	3280000	-1320000
	Total Amount of items that will not be reclassified to profit and loss	3280000	-1320000
2	Income tax relating to items that will not be reclassified to profit or loss	960000	-380000
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	2320000	-940000

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			1260170000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			179360000
	Adjustments for decrease (increase) in inventories			-555200000
	Adjustments for decrease (increase) in trade receivables, current			-536800000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-221680000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			-3880000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			290940000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-23690000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			285910000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			35760000
	Adjustments for provisions, current			11800000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			159010000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-15720000
	Adjustments for dividend income			0
	Adjustments for interest income			61980000
	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)			-456170000
	Net cash flows from (used in) operations			804000000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			175150000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			628850000
	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			200000
	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			2751290000
	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			188880000
	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			4260000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-6296440000
	Net cash flows from (used in) investing activities	-9232550000
	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			7000000000
	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			2109510000
	Repayments of borrowings			97740000
	Payments of lease liabilities			19360000
	Dividends paid			0
	Interest paid			150610000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-116210000
	Net cash flows from (used in) financing activities			8725590000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			121890000
	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			121890000
	Cash and cash equivalents cash flow statement at beginning of period			281860000
	Cash and cash equivalents cash flow statement at end of period			403750000

Signatory Details
Name of signatory	Ful Kumar Gautam
Designation of person	Company Secretary and Compliance Officer
Place	Hyderabad
Date	23-May-2025