Integrated Filing — IndAS



General information about company
Scrip Code 544356
NSE Symbol AJAXENGG
MSEI Symbol NOTLISTED
ISIN INE274Y01021
Name of company Ajax 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 27-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-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 manufacturer of concrete equipment
Start date and time of board meeting 27-May-2025   17:16:00
End date and time of board meeting 27-May-2025   18:08:00
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? No
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
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
There is no default in the re-payment of loan by the company and the company has not raised any debt securities.



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 7557520000 20739150000
Other income 117330000 428050000
Total income 7674850000 21167200000
2 Expenses
(a) Cost of materials consumed 2559180000 15090580000
(b) Purchases of stock-in-trade 195580000 682070000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 2984900000 -655270000
(d) Employee benefit expense 308940000 1095340000
(e) Finance costs -24280000 -8670000
(f) Depreciation, depletion and amortisation expense 28200000 109250000
(f) Other Expenses
1 Other expenses 400520000 1345080000
Total other expenses 400520000 1345080000
Total expenses 6453040000 17658380000
3 Total profit before exceptional items and tax 1221810000 3508820000
4 Exceptional items 0 0
5 Total profit before tax 1221810000 3508820000
6 Tax expense
7 Current tax 258640000 902490000
8 Deferred tax 53690000 5370000
9 Total tax expenses 312330000 907860000
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 909480000 2600960000
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 909480000 2600960000
17 Other comprehensive income net of taxes -5340000 -4100000
18 Total Comprehensive Income for the period 904140000 2596860000
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 114410000 114410000
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 11456960000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 7.95 22.73
Diluted earnings (loss) per share from continuing operations 7.9 22.61
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 7.95 22.73
Diluted earnings (loss) per share from continuing and discontinued operations 7.9 22.61
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 Standalone
Assets
1 Non-current assets
Property, plant and equipment 1257860000
Capital work-in-progress 206410000
Investment property 0
Goodwill 0
Other intangible assets 11900000
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 293820000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 45950000
Total non-current financial assets 339770000
Deferred tax assets (net)
Other non-current assets 642870000
Total non-current assets 2458810000
2 Current assets
Inventories 2575900000
Current financial asset
Current investments 6271050000
Trade receivables, current 1647150000
Cash and cash equivalents 459460000
Bank balance other than cash and cash equivalents 215340000
Loans, current 0
Other current financial assets 863820000
Total current financial assets 9456820000
Current tax assets (net) 0
Other current assets 332970000
Total current assets 12365690000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 14824500000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 114410000
Other equity 11456960000
Total equity attributable to owners of parent 11571370000
Non controlling interest
Total equity 11571370000
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 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 15040000
Total non-current financial liabilities 15040000
Provisions, non-current 7440000
Deferred tax liabilities (net) 93810000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 116290000
Current liabilities
Current financial liabilities
Borrowings, current 0
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 350120000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1875840000
Total Trade payable 2225960000
Other current financial liabilities 164910000
Total current financial liabilities 2390870000
Other current liabilities 479670000
Provisions, current 229160000
Current tax liabilities (Net) 37140000
Deferred government grants, Current 0
Total current liabilities 3136840000
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 3253130000
Total equity and liabilites 14824500000
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 Re-measurement gain (loss) on defined benefit plans -8480000 -7520000
Total Amount of items that will not be reclassified to profit and loss -8480000 -7520000
2 Income tax relating to items that will not be reclassified to profit or loss -2130000 -1890000
3 Amount of items that will be reclassified to profit and loss
1 Net gain/(loss) on debt instruments through other comprehensive income 1340000 2040000
Total Amount of items that will be reclassified to profit and loss 1340000 2040000
4 Income tax relating to items that will be reclassified to profit or loss 330000 510000
5 Total Other comprehensive income -5340000 -4100000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
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 3508820000
Adjustments for reconcile profit (loss)
Adjustments for finance costs -8670000
Adjustments for decrease (increase) in inventories -308530000
Adjustments for decrease (increase) in trade receivables, current -797050000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -183260000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current -803920000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 153270000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -30610000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 109250000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 38710000
Adjustments for provisions, current -186950000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 24220000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains -7470000
Adjustments for dividend income 0
Adjustments for interest income 0
Adjustments for share-based payments 43320000
Adjustments for fair value losses (gains) -334580000
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 168650000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -2123620000
Net cash flows from (used in) operations 1385200000
Dividends received 0
Interest paid 0
Interest received -76880000
Income taxes paid (refund) 881120000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 427200000
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 4554510000
Other cash payments to acquire equity or debt instruments of other entities 4531710000
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 9130000
Purchase of property, plant and equipment 234520000
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 54970000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -199000000
Net cash flows from (used in) investing activities -346620000
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 0
Payments of lease liabilities 2370000
Dividends paid 248400000
Interest paid 4290000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -255060000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -174480000
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 -174480000
Cash and cash equivalents cash flow statement at beginning of period 633940000
Cash and cash equivalents cash flow statement at end of period 459460000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 S.R. BATLIBOI & ASSOCIATES LLP Yes 31-Jul-2027


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Ajax Engineering Limited Surin Automotive Private Limited Entities having common Director Purchase of goods or services 25000000 NA 18850000 150000 1330000
2 Ajax Engineering Limited Mr. Krishnaswamy Vijay Whole-time Director and Promoter of the Company Remuneration 54000000 NA 27000000 0 0
3 Ajax Engineering Limited Mr. Jacob Jiten John Whole-time Director and Promoter of the Company Remuneration 8000000 NA 4000000 0 0
Total value of transaction during the reporting period 49850000