Integrated Filing — IndAS



General information about company
Scrip Code 540642
NSE Symbol SALASAR
MSEI Symbol NOTLISTED
ISIN INE170V01027
Name of company SALASAR TECHNO 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 30-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 Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
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 30-May-2025   12:30:00
End date and time of board meeting 30-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 2025-05-30
Indicate Company website link for updated RPT policy of the Company https://salasartechno.com/wp-content/uploads/2025/05/Annexure-4_RPT-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? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
There is no default on loans of the Company.



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 Unaudited 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 4707543000 14126104000
Other income 19335000 50176000
Total income 4726878000 14176280000
2 Expenses
(a) Cost of materials consumed 3706071000 11527066000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 259606000 143060000
(d) Employee benefit expense 149280000 543175000
(e) Finance costs 132567000 501431000
(f) Depreciation, depletion and amortisation expense 30623000 122191000
(f) Other Expenses
1 Other Expenses 170627000 647303000
Total other expenses 170627000 647303000
Total expenses 4448774000 13484226000
3 Total profit before exceptional items and tax 278104000 692054000
4 Exceptional items 0 0
5 Total profit before tax 278104000 692054000
6 Tax expense
7 Current tax 80092000 174824000
8 Deferred tax 4903000 10130000
9 Total tax expenses 84995000 184954000
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 193109000 507100000
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 193109000 507100000
17 Other comprehensive income net of taxes -2307000 -2178000
18 Total Comprehensive Income for the period 190802000 504922000
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 1726770000 1726770000
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 5586726000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.11 0.3
Diluted earnings (loss) per share from continuing operations 0.11 0.3
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 0.11 0.3
Diluted earnings (loss) per share from continuing and discontinued operations 0.11 0.3
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 2044304000
Capital work-in-progress 16113000
Investment property 0
Goodwill 0
Other intangible assets 123908000
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 1793477000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 489916000
Total non-current financial assets 2283393000
Deferred tax assets (net) 0
Other non-current assets 125468000
Total non-current assets 4593186000
2 Current assets
Inventories 3397709000
Current financial asset
Current investments 298000
Trade receivables, current 4310308000
Cash and cash equivalents 3767000
Bank balance other than cash and cash equivalents 170319000
Loans, current 0
Other current financial assets 2296482000
Total current financial assets 6781174000
Current tax assets (net) 0
Other current assets 1314777000
Total current assets 11493660000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 16086846000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1726770000
Other equity 5586726000
Total equity attributable to owners of parent 7313496000
Non controlling interest
Total equity 7313496000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 208727000
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 13229000
Total non-current financial liabilities 221956000
Provisions, non-current 50692000
Deferred tax liabilities (net) 72144000
Deferred government grants, Non-current 0
Other non-current liabilities 692000
Total non-current liabilities 345484000
Current liabilities
Current financial liabilities
Borrowings, current 2951476000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 115709000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 988920000
Total Trade payable 1104629000
Other current financial liabilities 218000
Total current financial liabilities 4056323000
Other current liabilities 4364811000
Provisions, current 4686000
Current tax liabilities (Net) 2046000
Deferred government grants, Current 0
Total current liabilities 8427866000
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 8773350000
Total equity and liabilites 16086846000
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 Unaudited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Steel Strcutres 2858240000 8521105000
2 EPC Projects 2239980000 6213617000
Total Segment Revenue 5098220000 14734722000
Less: Inter segment revenue 390678000 390678000
Revenue from operations 4707542000 14126103000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Steel Strcutres 317738000 876943000
2 EPC Projects 138500000 462556000
Total Profit before tax 456238000 1339499000
i. Finance cost 132567000 132567000
ii. Other Unallocable Expenditure net off Unallocable income 45567000 45567000
Profit before tax 278104000 692054000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Steel Strcutres 7103967000 7103967000
2 EPC Projects 6407467000 6407467000
Total Segment Asset 13511434000 13511434000
Un-allocable Assets 2575412000 2575412000
Net Segment Asset 16086846000 16086846000
4 Segment Liabilities
Segment Liabilities
1 Steel Strcutres 2360338000 2360338000
2 EPC Projects 3017240000 3017240000
Total Segment Liabilities 5377578000 5377578000
Un-allocable Liabilities 3395773000 3395773000
Net Segment Liabilities 8773351000 8773351000
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 Unaudited 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 of defined befit plan -3083000 -2911000
Total Amount of items that will not be reclassified to profit and loss -3083000 -2911000
2 Income tax relating to items that will not be reclassified to profit or loss -776000 -733000
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 -2307000 -2178000



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 692054000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 501431000
Adjustments for decrease (increase) in inventories -6569000
Adjustments for decrease (increase) in trade receivables, current -1163968000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -992855000
Adjustments for decrease (increase) in other non-current assets -115211000
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current -845233000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 152943000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 2041392000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 122191000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 16691000
Adjustments for provisions, non-current 3539000
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 44288000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 267000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow -664000
Other adjustments to reconcile profit (loss) -174824000
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) -505158000
Net cash flows from (used in) operations 186896000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 186896000
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 145000
Other cash payments to acquire equity or debt instruments of other entities 1792757000
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 205635000
Purchase of property, plant and equipment 122223000
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 81502000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -68686000
Net cash flows from (used in) investing activities -1696384000
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 2327960000
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 322671000
Payments of lease liabilities 0
Dividends paid 0
Interest paid 500254000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 1505035000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -4453000
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 -4453000
Cash and cash equivalents cash flow statement at beginning of period 8220000
Cash and cash equivalents cash flow statement at end of period 3767000





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 VAPS & Company Yes 31-Aug-2027


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)
Mode of Fund Raising Preferential Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 30-Apr-2024
Amount Raised 23280000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Applicable
Monitoring Agency Name, if applicable CARE Ratings Limited
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation NA
Comments of the Audit Committee after review No Comments
Comments of the auditors, if any No Comments
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Issue Related Expenses N/A 777000 0 21000 0
2 Financing of Acquisition N/A 17800000 0 17927000 0
3 Working Capital Requirements N/A 9500000 0 5329000 0
4 Capital Expenditure including towards development, refurbishment and renovation of Assets N/A 1000000 0 0 0


Signatory Details
Name of signatory Pramod Kumar Kala
Designation of person Chief Financial Officer
Place Noida
Date 30-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 SALASAR TECHNO ENGINEERING LIMITED SIKKA-SALASAR -JV JOINT VENTURE Sale of goods or services 50000000 YES 0 238799000 147575000
2 SALASAR TECHNO ENGINEERING LIMITED STEL-ME JV SUBSIDIARY Sale of goods or services 300000000 YES 0 -18301000 4309000
3 SALASAR TECHNO ENGINEERING LIMITED STELCOM SOLUTIONS PVT. LTD. Enterprice over which a director or his relative has significant influence Sale of goods or services 10000000 YES 541000 3689000 0
4 SALASAR TECHNO ENGINEERING LIMITED SIKKA-SALASAR -JV JOINT VENTURE Purchase of goods or services 50000000 YES 0 238799000 147575000
5 SALASAR TECHNO ENGINEERING LIMITED EMC Limited Wholly Owned Subsidiary Purchase of fixed assets 200000000 YES 20641000 0 16026000
6 SALASAR TECHNO ENGINEERING LIMITED ALOK KUMAR MANAGING DIRECTOR Remuneration YES 7250000 0 0
7 SALASAR TECHNO ENGINEERING LIMITED SHASHANK AGARWAL JOINT MANAGING DIRECTOR Remuneration YES 7250000 0 0
8 SALASAR TECHNO ENGINEERING LIMITED SHALABH AGARWAL DIRECTOR Remuneration YES 5250000 0 0
9 SALASAR TECHNO ENGINEERING LIMITED TRIPTI GUPTA DIRECTOR Remuneration YES 5250000 0 0
10 SALASAR TECHNO ENGINEERING LIMITED PRAMOD KUMAR KALA CHIEF FINANCIAL OFFICER Remuneration YES 2869000 0 0
11 SALASAR TECHNO ENGINEERING LIMITED MOHIT KUMAR GOEL COMPANY SECRETARY Any other transaction Salary YES 1275000 0 0
12 SALASAR TECHNO ENGINEERING LIMITED SHIKHAR GUPTA DIRECTOR'S RELATIVE Any other transaction Salary YES 3309000 0 0
13 SALASAR TECHNO ENGINEERING LIMITED BHARAT AGARWAL DIRECTOR'S RELATIVE Any other transaction Salary YES 2136000 0 0
14 SALASAR TECHNO ENGINEERING LIMITED RAGHAV AGARWAL DIRECTOR'S RELATIVE Any other transaction Salary YES 2520000 0 0
Total value of transaction during the reporting period 58291000