Integrated Filing — IndAS



General information about company
Scrip Code 513517
NSE Symbol STEELCAS
MSEI Symbol NOTLISTED
ISIN INE124E01020
Name of company STEELCAST 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 28-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 20-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 CASTING BUSINESS
Start date and time of board meeting 28-May-2025   13:30:00
End date and time of board meeting 28-May-2025   15:35:00
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 2016-03-26
Indicate Company website link for updated RPT policy of the Company https://steelcast.net/pdf/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
This is not applicable as there is no any outstanding Loan.



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 1207908000 3761654000
Other income 11564000 44483000
Total income 1219472000 3806137000
2 Expenses
(a) Cost of materials consumed 242812000 824001000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -3548000 -108366000
(d) Employee benefit expense 131832000 458250000
(e) Finance costs 2762000 6500000
(f) Depreciation, depletion and amortisation expense 30471000 125488000
(f) Other Expenses
1 Manufacturing expenses 135111000 438106000
2 Power, Fuel and Water charges 122517000 413098000
3 Consumption of Stores & Spares 154214000 498942000
4 Other expenses 42468000 176861000
Total other expenses 454310000 1527007000
Total expenses 858639000 2832880000
3 Total profit before exceptional items and tax 360833000 973257000
4 Exceptional items 0 0
5 Total profit before tax 360833000 973257000
6 Tax expense
7 Current tax 86814000 241196000
8 Deferred tax 6353000 10081000
9 Total tax expenses 93167000 251277000
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 267666000 721980000
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 267666000 721980000
17 Other comprehensive income net of taxes -3657000 -4563000
18 Total Comprehensive Income for the period 264009000 717417000
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 101200000 101200000
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve 3157541000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 13.22 35.67
Diluted earnings (loss) per share from continuing operations 13.22 35.67
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 13.22 35.67
Diluted earnings (loss) per share from continuing and discontinued operations 13.22 35.67
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 1417076000
Capital work-in-progress 16790000
Investment property 0
Goodwill 0
Other intangible assets 2361000
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 74767000
Trade receivables, non-current 0
Loans, non-current 602000
Other non-current financial assets 183135000
Total non-current financial assets 258504000
Deferred tax assets (net) 0
Other non-current assets 118319000
Total non-current assets 1813050000
2 Current assets
Inventories 429551000
Current financial asset
Current investments 293800000
Trade receivables, current 975074000
Cash and cash equivalents 118000
Bank balance other than cash and cash equivalents 64228000
Loans, current 6671000
Other current financial assets 226462000
Total current financial assets 1566353000
Current tax assets (net) 2745000
Other current assets 81858000
Total current assets 2080507000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 3893557000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 101200000
Other equity 3157541000
Total equity attributable to owners of parent 3258741000
Non controlling interest
Total equity 3258741000
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 0
Total non-current financial liabilities 0
Provisions, non-current 27926000
Deferred tax liabilities (net) 87599000
Deferred government grants, Non-current 0
Other non-current liabilities 63000
Total non-current liabilities 115588000
Current liabilities
Current financial liabilities
Borrowings, current 455000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 138674000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 178196000
Total Trade payable 316870000
Other current financial liabilities 167817000
Total current financial liabilities 485142000
Other current liabilities 12038000
Provisions, current 22048000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 519228000
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 634816000
Total equity and liabilites 3893557000
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 gain / (loss) on defined benefit plans -4887000 -6072000
2 Gain / (Loss) on fair valuation of equity instruments 0 -19000
Total Amount of items that will not be reclassified to profit and loss -4887000 -6091000
2 Income tax relating to items that will not be reclassified to profit or loss -1230000 -1528000
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 -3657000 -4563000



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 973257000
Adjustments for reconcile profit (loss)
Adjustments for finance costs -21346000
Adjustments for decrease (increase) in inventories -106591000
Adjustments for decrease (increase) in trade receivables, current -50919000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -22223000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 70484000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -4396000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 125488000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss -589000
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 9019000
Adjustments for dividend income 1000
Adjustments for interest income 0
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) -12299000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow -2645000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 23059000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 7041000
Net cash flows from (used in) operations 980298000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 242812000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 737486000
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 3809000
Purchase of property, plant and equipment 168475000
Proceeds from sales of investment property 294705000
Purchase of investment property 434659000
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 182364000
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 1000
Interest received 27959000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -116682000
Net cash flows from (used in) investing activities -575706000
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 377000
Payments of lease liabilities 0
Dividends paid 154836000
Interest paid 6500000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -161713000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 67000
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 67000
Cash and cash equivalents cash flow statement at beginning of period 51000
Cash and cash equivalents cash flow statement at end of period 118000





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 SSM AND CO Yes 31-Mar-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 STEELCAST LIMITED CHETAN M TAMBOLI CHAIRMAN AND MANAGING DIRECTOR Remuneration 5204000 APPROVED BY AUDIT COMMITTEE 5204000 153000 117000
2 STEELCAST LIMITED RUSHIL C TAMBOLI WHOLE TIME DIRECTOR Remuneration 1763000 APPROVED BY AUDIT COMMITTEE 1763000 160000 176000
3 STEELCAST LIMITED ASHUTOSH H SHUKLA EXECUTIVE DIRECTOR Remuneration 1601000 APPROVED BY AUDIT COMMITTEE 1601000 312000 250000
4 STEELCAST LIMITED SUBHASH R SHARMA EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER Remuneration 2272000 APPROVED BY AUDIT COMMITTEE 2272000 169000 0
5 STEELCAST LIMITED UMESH V BHATT COMPANY SECRETARY Remuneration 650000 APPROVED BY AUDIT COMMITTEE 650000 57000 61000
6 STEELCAST LIMITED VIDHI S MERCHANT DAUGHTER OF CHAIRMAN AND MANAGING DIRECTOR Any other transaction SITTING FEES 110000 APPROVED BY AUDIT COMMITTEE 110000 0 0
7 STEELCAST LIMITED Shri F P Tamboli Charitable Trust ENTITY CONTROLLED BY KEY MANAGERIAL PERSONNEL Any other transaction CSR CONTRIBUTION PAYMENT 2100000 APPROVED BY AUDIT COMMITTEE 2100000 0 0
8 STEELCAST LIMITED CHETAN M TAMBOLI CHAIRMAN AND MANAGING DIRECTOR Any other transaction MEDICAL EXPENSE REIMBURSEMENT 108000 APPROVED BY AUDIT COMMITTEE 108000 0 0
9 STEELCAST LIMITED STEELCAST EDUCATION TRUST ENTITY CONTROLLED BY KEY MANAGERIAL PERSONNEL Any other transaction CSR CONTRIBUTION PAYMENT 950000 APPROVED BY AUDIT COMMITTEE 950000 0 0
10 STEELCAST LIMITED CHETAN M TAMBOLI CHAIRMAN AND MANAGING DIRECTOR Any other transaction Commission 41339000 APPROVED BY AUDIT COMMITTEE 41339000 0 41339000
11 STEELCAST LIMITED RUSHIL C TAMBOLI WHOLE TIME DIRECTOR Any other transaction Commission 6940000 APPROVED BY AUDIT COMMITTEE 6940000 0 6940000
12 STEELCAST LIMITED STEELCAST EDUCATION TRUST ENTITY CONTROLLED BY KEY MANAGERIAL PERSONNEL Any other transaction Amount received / receivable from Gujarat Skill Development Mission on behalf of related party 1866000 APPROVED BY AUDIT COMMITTEE 1866000 0 397000
13 STEELCAST LIMITED STEELCAST EDUCATION TRUST ENTITY CONTROLLED BY KEY MANAGERIAL PERSONNEL Any other transaction Amount paid to related party which is received from Gujarat Skill Development Mission 2940000 APPROVED BY AUDIT COMMITTEE 2940000 0 0
Total value of transaction during the reporting period 67843000