Integrated Filing — IndAS



General information about company
Scrip Code 540923
NSE Symbol ASHOKAMET
MSEI Symbol NOTLISTED
ISIN INE760Y01011
Name of company ASHOKA METCAST 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 23-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
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   16:30:00
End date and time of board meeting 28-May-2025   17:15:00
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



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 Consolidated Consolidated
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 64904000 389626000
Other income 36552000 64280000
Total income 101456000 453906000
2 Expenses
(a) Cost of materials consumed 112007000 378403000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -25431000 -64846000
(d) Employee benefit expense 2982000 11557000
(e) Finance costs 3740000 15604000
(f) Depreciation, depletion and amortisation expense -1050000 6576000
(f) Other Expenses
1 Other Expenses 7007000 26993000
Total other expenses 7007000 26993000
Total expenses 99255000 374287000
3 Total profit before exceptional items and tax 2201000 79619000
4 Exceptional items 0 0
5 Total profit before tax 2201000 79619000
6 Tax expense
7 Current tax -504000 8926000
8 Deferred tax -2698000 -2698000
9 Total tax expenses -3202000 6228000
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 5403000 73391000
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 5403000 73391000
17 Other comprehensive income net of taxes 0 0
18 Total Comprehensive Income for the period 5403000 73391000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0 0
Total profit or loss, attributable to non-controlling interests 0 0
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0 0
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0 0
21 Details of equity share capital
Paid-up equity share capital 249960000 249960000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 864236000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.22 2.94
Diluted earnings (loss) per share from continuing operations 0.22 2.94
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 0.22 2.94
Diluted earnings (loss) per share from continuing and discontinued operations 0.22 2.94
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1.tThe above consolidated financial results have been reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on May 28, 2025. The Limited Review under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 has been carried out by the statutory auditors. The Limited Review Report does not contain any observation which could have an impact on the results for the for the quarter/year ended March 31, 2025. nt n2.tThe Subsidiary Company (Rhetan TMT Limited) has first time adopted Indian Accounting Standards (“Ind AS”) from 1st April, 2024 and accordingly these results has been prepared in accordance with the recognition and measurement principles laid down in the Ind AS 34, Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and other accounting pronouncements generally accepted in India. n n3.tPrevious Year/Period figures are regrouped and rearranged, whenever found necessary. 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 Consolidated
Assets
1 Non-current assets
Property, plant and equipment 165632000
Capital work-in-progress 15001000
Investment property
Goodwill 0
Other intangible assets 0
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 111182000
Trade receivables, non-current
Loans, non-current 105725000
Other non-current financial assets 43970000
Total non-current financial assets 260877000
Deferred tax assets (net) 208000
Other non-current assets 0
Total non-current assets 441718000
2 Current assets
Inventories 398877000
Current financial asset
Current investments 0
Trade receivables, current 261305000
Cash and cash equivalents 7991000
Bank balance other than cash and cash equivalents 0
Loans, current 0
Other current financial assets 318689000
Total current financial assets 587985000
Current tax assets (net)
Other current assets
Total current assets 986862000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 1428580000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 249960000
Other equity 864236000
Total equity attributable to owners of parent 1114196000
Non controlling interest 72114000
Total equity 1186310000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 74822000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
Total non-current financial liabilities 74822000
Provisions, non-current 0
Deferred tax liabilities (net) 6924000
Deferred government grants, Non-current
Other non-current liabilities 8207000
Total non-current liabilities 89953000
Current liabilities
Current financial liabilities
Borrowings, current 74521000
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 50336000
Total Trade payable 50336000
Other current financial liabilities 21491000
Total current financial liabilities 146348000
Other current liabilities 0
Provisions, current 5969000
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 152317000
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 242270000
Total equity and liabilites 1428580000
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 Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Steel Trading 64904000 371648000
2 Trading of Goods 0 17978000
3 Others 0 0
Total Segment Revenue 64904000 389626000
Less: Inter segment revenue
Revenue from operations 64904000 389626000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Steel Trading -21672000 73572000
2 Trading of Goods 0 2497000
3 Others 36552000 64280000
Total Profit before tax 14880000 140349000
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income 12679000 12679000
Profit before tax 2201000 79619000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Steel Trading 835706000 835706000
2 Trading of Goods 2564000 2564000
3 Others 0 0
Total Segment Asset 838270000 838270000
Un-allocable Assets 803020000 803020000
Net Segment Asset 1641290000 1641290000
4 Segment Liabilities
Segment Liabilities
1 Steel Trading 217390000 217390000
2 Trading of Goods 0 0
3 Others 0 0
Total Segment Liabilities 217390000 217390000
Un-allocable Liabilities 309704000 309704000
Net Segment Liabilities 527094000 527094000
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 Consolidated Consolidated
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
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



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 Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 79619000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0
Adjustments for decrease (increase) in inventories -55464000
Adjustments for decrease (increase) in trade receivables, current 1508000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 9563000
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 4017000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -7530000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 6157000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current -9326000
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 0
Adjustments for interest income 121000
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) -51196000
Net cash flows from (used in) operations 28423000
Dividends received 0
Interest paid -15604000
Interest received 0
Income taxes paid (refund) 8926000
Other inflows (outflows) of cash -97767000
Net cash flows from (used in) operating activities -62666000
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 0
Purchase of property, plant and equipment 16702000
Proceeds from sales of investment property -7461000
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 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities -24163000
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 62457000
Repayments of borrowings 0
Payments of lease liabilities 0
Dividends paid 0
Interest paid 15604000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 32911000
Net cash flows from (used in) financing activities 79764000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -7065000
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 -7065000
Cash and cash equivalents cash flow statement at beginning of period 15056000
Cash and cash equivalents cash flow statement at end of period 7991000





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 GMCA & Co Yes 31-May-2026