Integrated Filing — IndAS



General information about company
Scrip Code 532914
NSE Symbol ARCOTECH
MSEI Symbol NOTLISTED
ISIN INE574I01035
Name of company Arcotech 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 04-Jun-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 30-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 Non-Ferrous Metals
Start date and time of board meeting 04-Jun-2025   11:30:00
End date and time of board meeting 04-Jun-2025   17:00:00
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 2024-08-13
Indicate Company website link for updated RPT policy of the Company http://www.arcotech.in/New14/Policy%20on%20Related%20Party%20Transaction.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? Yes



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 0 0
Other income 9544000 9546000
Total income 9544000 9546000
2 Expenses
(a) Cost of materials consumed 0 0
(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 662000 2658000
(e) Finance costs 78709000 236538000
(f) Depreciation, depletion and amortisation expense 26132000 104544000
(f) Other Expenses
1 Other Expenses 652521000 655860000
Total other expenses 652521000 655860000
Total expenses 758024000 999600000
3 Total profit before exceptional items and tax -748480000 -990054000
4 Exceptional items 0 0
5 Total profit before tax -748480000 -990054000
6 Tax expense
7 Current tax 0 0
8 Deferred tax -115168000 -115168000
9 Total tax expenses -115168000 -115168000
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 -633312000 -874886000
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 -633312000 -874886000
17 Other comprehensive income net of taxes 14000 14000
18 Total Comprehensive Income for the period -633298000 -874872000
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 210000000 210000000
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve -3114805000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -6.03 -8.33
Diluted earnings (loss) per share from continuing operations -6.03 -8.33
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 -6.03 -8.33
Diluted earnings (loss) per share from continuing and discontinued operations -6.03 -8.33
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) n1 tThe above results have been reviewed by the Audit Committee and taken on record by the Board of Directors of the Company at their meeting held on June 04, 2025. The results for the current quarter and year ended 31st March, 2025 have been audited by the Statutory Auditor of the company. ntt n2 tThese financial results have been prepared in accordance with the Companies ( Indian Accounting Standards) Rule, 2015 (IND AS 34) prescribed under section 133 of the companies Act, 2013 and other recognised accounting practices and policies to the extent applicable. nt n3 tThe restructuring of the Company's business is under consideration by the lenders and the accounts have been prepared accordingly.t nt n4 tThe Company's operations have been considered as representing a single primary segment. Hence, there is no requirement of segment reporting.t nt n5 tThe figures of last quarter are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the current financial year.tt n6 tPrevious period figures have been rearrange and regrouped, wherever necessary. t 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 Standalone
Assets
1 Non-current assets
Property, plant and equipment 1273512000
Capital work-in-progress
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 0
Trade receivables, non-current
Loans, non-current 0
Other non-current financial assets
Total non-current financial assets 0
Deferred tax assets (net) 1739850000
Other non-current assets
Total non-current assets 3013362000
2 Current assets
Inventories 273324000
Current financial asset
Current investments 0
Trade receivables, current 5158000
Cash and cash equivalents 38000
Bank balance other than cash and cash equivalents 1789000
Loans, current 0
Other current financial assets 776000
Total current financial assets 7761000
Current tax assets (net)
Other current assets 111528000
Total current assets 392613000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 3405975000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 210000000
Other equity -3114805000
Total equity attributable to owners of parent -2904805000
Non controlling interest
Total equity -2904805000
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
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities 43789000
Total non-current financial liabilities 43789000
Provisions, non-current 13566000
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 57355000
Current liabilities
Current financial liabilities
Borrowings, current 5276315000
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 1016000
Total Trade payable 1016000
Other current financial liabilities 590047000
Total current financial liabilities 5867378000
Other current liabilities 8548000
Provisions, current 256592000
Current tax liabilities (Net) 120907000
Deferred government grants, Current
Total current liabilities 6253425000
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 6310780000
Total equity and liabilites 3405975000
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 of defined benefit plans 22000 22000
Total Amount of items that will not be reclassified to profit and loss 22000 22000
2 Income tax relating to items that will not be reclassified to profit or loss 8000 8000
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 14000 14000



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 -990054000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 236538000
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables, current -50000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 3358000
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 -6089000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 1383000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 104544000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 42000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current -87216000
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 0
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) 252510000
Net cash flows from (used in) operations -737544000
Dividends received 0
Interest paid 0
Interest received -38000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 650980000
Net cash flows from (used in) operating activities -86602000
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 162000
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 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities -162000
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 86710000
Repayments of borrowings 0
Payments of lease liabilities 0
Dividends paid 0
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 86710000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -54000
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 -54000
Cash and cash equivalents cash flow statement at beginning of period 92000
Cash and cash equivalents cash flow statement at end of period 38000





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 Amit Joshi & Associates Yes 30-Sep-2027


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income 9546000 9546000
2 Total Expenditure 999600000 1254995000
3 Net Profit/(Loss) -874886000 -1130281000
4 Earnings Per Share -8.33 -10.76
5 Total Assets 3405975000 3405975000
6 Total Liabilities 6310780000 8030037000
7 Net Worth -2904805000 -4624062000


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)


Text Block
Textual Information(1) The restructuring of the companys business is under consideration by the lenders. Consequent to the filing of restructuring proposal with lenders, feasible TEV (techno economic viability) study/reports of the operations of the Company was conducted by outside agency where in certain reliefs/ concessions have been envisaged to make the project viable. Included in there is relief in interest rates effective from 01.11.2018. The company has provided interest at the rates mentioned in TEV. This along with other unprovided interest amounts to Rs. 2,553.95 lakhs (net of tax) for the current financial year. The company is in the process of settling the dues with the lenders towards which an amount of Rs. 705.00 lacs has been deposited with the bankers and financial institutions, for which final approval from a lender is still awaited.
Textual Information(2) The management is of the view that the accounts of the company will be restructured accordingly the company and its bankers conducted TEV (techno economic viability) study. The company has considered its interest liabilities as per this restructuring plan.The company is in the process of settling the dues with the lenders towards which an amount of Rs. 705.00 lacs has been deposited with the bankers and financial institutions, for which final approval from a lender is still awaited.
Textual Information(3) Not Applicable n
Textual Information(4) Not Applicable
Textual Information(5) Not Applicable


Signatories detail
Name of CEO / Managing director Radhanath Pattanayak
Name of CFO Arvind Dadheech
Name of audit committee chairman Rohit Agrawal
Name of statutory auditor Amit Joshi
Name of other signatory, if any, with designation
Place Delhi
Date 04-Jun-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 ARCOTECH LIMITED Advanced metrics limited Promoter/ Promoter group and entities under their control Any other transaction Loan Taken 270000000 NA 13493000 0 13493000
2 ARCOTECH LIMITED Arco infoway pvt limited Promoter/ Promoter group and entities under their control Any other transaction Loan Taken 1000000 NA 287000 0 287000
3 ARCOTECH LIMITED Arco it solutions pvt limited Promoter/ Promoter group and entities under their control Any other transaction Loan Taken 1000000 NA 744000 0 744000
4 ARCOTECH LIMITED Arcotech info private limited Promoter/ Promoter group and entities under their control Any other transaction Loan Taken 30000000 NA 8208000 0 8208000
5 ARCOTECH LIMITED Sarathi infrastructure pvt limited Promoter/ Promoter group and entities under their control Any other transaction Loan Taken 1000000 NA 181000 0 181000
6 ARCOTECH LIMITED Sidhant distributors pvt limited Promoter/ Promoter group and entities under their control Any other transaction Loan Taken 150000000 NA 16288000 0 16288000
7 ARCOTECH LIMITED Arvind Kumar Saraf Director and Promoter Any other transaction Loan Taken 50000000 NA 40426000 0 40426000
8 ARCOTECH LIMITED Radhanath Pattanayak Whole Time Director/KMP Remuneration NA 0 1500000 1500000
9 ARCOTECH LIMITED Nidhi Jain CS/ KMP Remuneration NA 600000 215000 176000
10 ARCOTECH LIMITED Arvind Dadheech CFO/ KMP Remuneration NA 311000 350000 311000
Total value of transaction during the reporting period 80538000





Format for Disclosing Outstanding Default on Loans and Debt Securities
Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date 5386400000
B Of the total amount outstanding, amount of default as on date 5386400000
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date 0
B Of the total amount outstanding, amount of default as on date 0
3. Total financial indebtedness of the listed entity including short-term and long-term debt 5573100000