Integrated Filing — IndAS



General information about company
Scrip Code 533644
NSE Symbol UEL
MSEI Symbol NOTLISTED
ISIN INE899L01030
Name of company UJAAS ENERGY 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 21-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 Multi segment
Description of single segment
Start date and time of board meeting 28-May-2025   14:30:00
End date and time of board meeting 28-May-2025   19:10:00
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 2025-05-28
Indicate Company website link for updated RPT policy of the Company www.ujaas.com
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
Company does not take any loan and not issue 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 77735000 269351000
Other income -23167000 74201000
Total income 54568000 343552000
2 Expenses
(a) Cost of materials consumed 14899000 50000000
(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 8719000 36685000
(e) Finance costs 740000 3034000
(f) Depreciation, depletion and amortisation expense 1249000 4965000
(f) Other Expenses
1 Other expenses 47870000 138541000
Total other expenses 47870000 138541000
Total expenses 73477000 233225000
3 Total profit before exceptional items and tax -18909000 110327000
4 Exceptional items 0 0
5 Total profit before tax -18909000 110327000
6 Tax expense
7 Current tax -16513000 0
8 Deferred tax -5437000 21823000
9 Total tax expenses -21950000 21823000
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 3041000 88504000
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 3041000 88504000
17 Other comprehensive income net of taxes -142000 -2000
18 Total Comprehensive Income for the period 2899000 88502000
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 106627000 106627000
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 748233000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.03 0.83
Diluted earnings (loss) per share from continuing operations 0.01 0.29
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 0.03 0.83
Diluted earnings (loss) per share from continuing and discontinued operations 0.01 0.29
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 296908000
Capital work-in-progress 0
Investment property 0
Goodwill 0
Other intangible assets 77000
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 64830000
Total non-current financial assets 64830000
Deferred tax assets (net) 105059000
Other non-current assets 0
Total non-current assets 466874000
2 Current assets
Inventories 123843000
Current financial asset
Current investments 125414000
Trade receivables, current 239043000
Cash and cash equivalents 3871000
Bank balance other than cash and cash equivalents 17276000
Loans, current 131875000
Other current financial assets 1112000
Total current financial assets 518591000
Current tax assets (net) 7608000
Other current assets 10236000
Total current assets 660278000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 1127152000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 106627000
Other equity 748233000
Total equity attributable to owners of parent 854860000
Non controlling interest
Total equity 854860000
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 4642000
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 4642000
Current liabilities
Current financial liabilities
Borrowings, current 240000000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 297000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 7820000
Total Trade payable 8117000
Other current financial liabilities 10371000
Total current financial liabilities 258488000
Other current liabilities 6866000
Provisions, current 2296000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 267650000
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 272292000
Total equity and liabilites 1127152000
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)
1 (a) Solar Power Plant Operation 30771000 272368000
2 (b) Manufacturing and sale of Solar Power Systems 16628000 40281000
3 (c) EV 1035000 9602000
4 (d) Un-allocable Income 6134000 21301000
Total Segment Revenue 54568000 343552000
Less: Inter segment revenue 0 0
Revenue from operations 54568000 343552000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 (a) Solar Power Plant Operation -15085000 115031000
2 (b) Manufacturing and sale of Solar Power Systems -2661000 9257000
3 (c) EV -499000 -2327000
4 (d) Un-allocable Income 76000 -8599000
Total Profit before tax -18169000 113362000
i. Finance cost 740000 740000
ii. Other Unallocable Expenditure net off Unallocable income 0 0
Profit before tax -18909000 110327000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 (a) Solar Power Plant Operation 414563000 414563000
2 (b) Manufacturing and sale of Solar Power Systems 154975000 154975000
3 (c) EV 92903000 92903000
4 (d) Un-allocable Income 464710000 464710000
Total Segment Asset 1127151000 1127151000
Un-allocable Assets 0 0
Net Segment Asset 1127151000 1127151000
4 Segment Liabilities
Segment Liabilities
1 (a) Solar Power Plant Operation 16255000 16255000
2 (b) Manufacturing and sale of Solar Power Systems 4255000 4255000
3 (c) EV 2660000 2660000
4 (d) Un-allocable Income 249121000 249121000
Total Segment Liabilities 272291000 272291000
Un-allocable Liabilities 0 0
Net Segment Liabilities 272291000 272291000
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 142000 2000
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 -142000 -2000



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 110327000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 3034000
Adjustments for decrease (increase) in inventories -28283000
Adjustments for decrease (increase) in trade receivables, current -42753000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -26822000
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 2673000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 4965000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 0
Adjustments for provisions, non-current 51000
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 11588000
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) -98723000
Net cash flows from (used in) operations 11604000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 947000
Other inflows (outflows) of cash -9717000
Net cash flows from (used in) operating activities 940000
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 483000
Purchase of property, plant and equipment 7766000
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 131875000
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 15285000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 57511000
Net cash flows from (used in) investing activities -66362000
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 54933000
Repayments of borrowings 0
Payments of lease liabilities 0
Dividends paid 0
Interest paid 3034000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 51899000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -13523000
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 -13523000
Cash and cash equivalents cash flow statement at beginning of period 17394000
Cash and cash equivalents cash flow statement at end of period 3871000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Auditor's opinion Qualified 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
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 M/s. Ashok Khasgiwala and Co. LLP Yes 31-Aug-2026


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income 54568000 53931000
2 Total Expenditure 73477000 73477000
3 Net Profit/(Loss) 3041000 19546000
4 Earnings Per Share 0.03 0.03
5 Total Assets 1127151000 1127151000
6 Total Liabilities 272291000 272291000
7 Net Worth 854860000 854860000


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 Repetitive Textual Information(2) Textual Information(3) Textual Information(4) Textual Information(5)
2 Textual Information(6) Qualified opinion Whether appeared first time Textual Information(7) Textual Information(8) Textual Information(9) Textual Information(10)


Text Block
Textual Information(1) We draw your attention to note 6 of the financial result with regard to accrued interest income on Fixed Deposits with Axis Bank amounting to Rs. 6.37 Lakhs (corresponding previous year, quarter ended 31st March 2024 Rs. 6.11 Lakhs) and for the year ended 31st March, 2025 amounting to Rs. 25.81 Lakhs (corresponding previous year ended 31st March, 2024 Rs. 24.58 Lakhs), for the quarter ended 31st December, 2024 Rs. 6.47 Lakhs, which has not been credited by bank. Accordingly there exists a difference between balance as per books of account and confirmation by bank.
Textual Information(2) During the quarter ended March 2025, the company has accrued interest income on Fixed Deposits with Axis Bank amounting to Rs. 6.37 Lakhs (Corresponding previous quarter ended March 2024: Rs. 6.11 Lakhs), and for the year ended amounting to Rs. 25.81 Lakhs (Previous year ended 2024 Rs. 24.58 Lakhs), for the quarter ended December 2024 Rs. 6.47 Lakhs. However, the bank has not provided for the same. Therefore, there exists a difference between the aforesaid amount as per balance confirmation provided by the banks and books of accounts.
Textual Information(3) N.A.
Textual Information(4) N.A.
Textual Information(5) N.A.
Textual Information(6) We draw attention to the note no. 9 of the financial results that the Company has trade receivables as at March 31, 2025, aggregating to Rs. 2874.88 Lakhs, for which external confirmations have been sent by the management. However, confirmations have not been received from the respective parties. Accordingly, we are unable to comment on the possible adjustments required in the carrying amount of trade receivable and its impact is presently not quantifiable.
Textual Information(7) The Company has trade receivables as at March 31, 2025, aggregating to Rs. 2874.88 Lakhs, for which external confirmations have been sent. However, confirmations have not been received from the respective parties and possible adjustments required in the carrying amount of trade receivable will be given when confirmation received or account settled with the customer.
Textual Information(8) N.A.
Textual Information(9) N.A.
Textual Information(10) N.A.


Signatories detail
Name of CEO / Managing director Mr. Shyamsunder Mundra
Name of CFO Mr. Anurag Mundra
Name of audit committee chairman Ms. Surabhi Agrawal
Name of statutory auditor Mr. Ashok Khasgiwala
Name of other signatory, if any, with designation
Place Indore
Date 28-May-2025


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 UJAAS ENERGY LIMITED Mr. Shyamsunder Mundra Chairman and Managing Director Remuneration - 3000000 1400000 2000000
2 UJAAS ENERGY LIMITED Mr. Anurag Mundra CFO and Director Remuneration - 840000 0 904000
3 UJAAS ENERGY LIMITED Mr. Sarvesh Diwan Company Secretary Remuneration - 232000 0 0
4 UJAAS ENERGY LIMITED Mr. Anurag Mundra CFO and Director Any other transaction Reimbursement of Expenses - 584000 0 0
5 UJAAS ENERGY LIMITED Mr. Sarvesh Diwan Company Secretary Any other transaction Reimbursement of Expenses - 12000 0 0
6 UJAAS ENERGY LIMITED Blue River Finvest Private Limited Company where directors are interested Loan - 129500000 0 129500000
7 UJAAS ENERGY LIMITED Ujaas E-Auto Private Limited Company where directors are interested Any other transaction Miscellaneous Income - 3467000 0 0
8 UJAAS ENERGY LIMITED Blue River Finvest Private Limited Company where directors are interested Interest received - 2639000 0 2639000
9 UJAAS ENERGY LIMITED SVA Family Welfare Trust Trust where directors are interested Loan - 54933000 185067000 240000000
10 UJAAS ENERGY LIMITED Mr. Sarvesh Diwan Company Secretary Loan - 100000 0 10000
11 UJAAS ENERGY LIMITED Bluehope Solutions Limited Company where directors are interested Any other transaction Reimburesement of Incorporation Expences. - 688000 0 0
Total value of transaction during the reporting period 195995000