Integrated Filing — IndAS

General information about company
Scrip Code	511076
NSE Symbol	SATINDLTD
MSEI Symbol	NA
ISIN	INE065D01027
Name of company	SAT 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	24-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	19-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, trading, investment and finance.
Start date and time of board meeting	24-May-2025   11:00:00
End date and time of board meeting	24-May-2025   13:34:00
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	2025-01-31
Indicate Company website link for updated RPT policy of the Company	https://satgroup.in/wp-content/uploads/2025/04/Related-Party-Transaction-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?	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
The Company has changed its name from Sat Industries Limited to Aeroflex Enterprises Limited with effect from 13th May 2025. The company is still in the process of making application to Stock Exchanges for the same

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	9931000	42836000
	Other income	29458000	176407000
	Total income	39389000	219243000
2	Expenses
(a)	Cost of materials consumed	0	0
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	0
(d)	Employee benefit expense	6147000	24682000
(e)	Finance costs	225000	7179000
(f)	Depreciation, depletion and amortisation expense	1026000	4167000
(f)	Other Expenses
1	Other expenses	5995000	28666000
	Total other expenses	5995000	28666000
	Total expenses	13393000	64694000
3	Total profit before exceptional items and tax	25996000	154549000
4	Exceptional items	0	0
5	Total profit before tax	25996000	154549000
6	Tax expense
7	Current tax	17806000	46775000
8	Deferred tax	7294000	5117000
9	Total tax expenses	25100000	51892000
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	896000	102657000
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	896000	102657000
17	Other comprehensive income net of taxes	-2063000	513000
18	Total Comprehensive Income for the period	-1167000	103170000
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	226170000	226170000
	Face value of equity share capital	2	2
27	Details of debt securities
22	Reserves excluding revaluation reserve		3335691000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	0.01	0.91
	Diluted earnings (loss) per share from continuing operations	0.01	0.91
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	0.01	0.91
	Diluted earnings (loss) per share from continuing and discontinued operations	0.01	0.91
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		# Figures of the quarter ended 31st March, 2025 and 31st March, 2024 are the balancing figures between audited figures in respect of the relevant full financial year and published year to date figures up to third quarter, of relevant financial year. n nNotes: n1 The above results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 24 2025 The same have also been subjected to Limited Review by the Statutory Auditors and the Report does not have any impact on the above Results and Notes for the quarter and twelve months ended 31st March 2025 which needs to be explained n n2 There is no exceptional item n n3 The Company publishes the standalone financial results along with the consolidated financial results In accordance with the Ind AS 108 Operating Segments the Company has disclosed the segment information in the consolidated financial results and therefore no separate disclosure on segment information is given in the standalone financial results for the quarter and twelve months ended on March 31 2025 n n4 The Board of Directors of the Company has recommended a Final Dividend of Rs 0.30 15 Percent per Equity Share of Rs 2 each for the financial year ended 31st March 2025 to be paid on fully paid Equity Shares amounting to Rs 339.26 lakhs The Final Dividend is subject to the approval of shareholders at the Annual General Meeting n n5 The name of the Company has been changed from SAT Industries Limited to Aeroflex Enterprises Limited with effect Date May 13 2025 n n6 Figures for the previous periods have been re-grouped re-classified wherever necessary to conform to the figures of the current periods n n7 This statement is as per Regulation 33 of the SEBl Listing Obligations and Disclosure Requirements Regulations 2015 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	70960000
	Capital work-in-progress	0
	Investment property	0
	Goodwill	0
	Other intangible assets	78000
	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	1233390000
	Trade receivables, non-current	0
	Loans, non-current	431405000
	Other non-current financial assets	0
	Total non-current financial assets	1664795000
	Deferred tax assets (net)	0
	Other non-current assets	7728000
	Total non-current assets	1743561000
2	Current assets
	Inventories	0
	Current financial asset
	Current investments	0
	Trade receivables, current	106710000
	Cash and cash equivalents	3788000
	Bank balance other than cash and cash equivalents	1431249000
	Loans, current	158962000
	Other current financial assets	13105000
	Total current financial assets	1713814000
	Current tax assets (net)	0
	Other current assets	135155000
	Total current assets	1848969000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	3592530000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	226170000
	Other equity	3335691000
	Total equity attributable to owners of parent	3561861000
	Non controlling interest
	Total equity	3561861000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	478000
	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	0
	Total non-current financial liabilities	478000
	Provisions, non-current	0
	Deferred tax liabilities (net)	19228000
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	19706000
	Current liabilities
	Current financial liabilities
	Borrowings, current	408000
	Trade payables, 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	5827000
	Total Trade payable	5827000
	Other current financial liabilities	0
	Total current financial liabilities	6235000
	Other current liabilities	412000
	Provisions, current	0
	Current tax liabilities (Net)	4316000
	Deferred government grants, Current	0
	Total current liabilities	10963000
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	30669000
	Total equity and liabilites	3592530000
	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
	Total Amount of items that will not be reclassified to profit and loss
2	Income tax relating to items that will not be reclassified to profit or loss	2063000	-513000
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	-2063000	513000

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			154549000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			7179000
	Adjustments for decrease (increase) in inventories			0
	Adjustments for decrease (increase) in trade receivables, current			11466000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			80998000
	Adjustments for decrease (increase) in other non-current assets			-5026000
	Adjustments for other financial assets, non-current			-8242000
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-10324000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-45803000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			4167000
	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			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			0
	Adjustments for dividend income			19795000
	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			-26483000
	Other adjustments to reconcile profit (loss)			104073000
	Other adjustments for non-cash items			456000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			92666000
	Net cash flows from (used in) operations			247215000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			46775000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			200440000
	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			70000000
	Purchase of property, plant and equipment			48452000
	Proceeds from sales of investment property			23900000
	Purchase of investment property			609054000
	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			19795000
	Interest received			0
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			661691000
	Net cash flows from (used in) investing activities	117880000
	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			-293733000
	Repayments of borrowings			0
	Payments of lease liabilities			0
	Dividends paid			16963000
	Interest paid			7179000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-317875000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			445000
	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			445000
	Cash and cash equivalents cash flow statement at beginning of period			3342000
	Cash and cash equivalents cash flow statement at end of period			3787000