| Scrip code | 539883 |
|---|---|
| NSE Symbol | PILANIINVS |
| MSEI Symbol | NOTLISTED |
| ISIN | INE417C01014 |
| Name of company | PILANI INVESTMENT AND INDUSTRIES CORPORATION LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 28-05-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 19-05-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| 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 | Single segment |
| Description of single segment | NON BANKING FINANCIAL COMPANY |
| Start date and time of board meeting | 28-05-2026 15:30:00 |
| End date and time of board meeting | 28-05-2026 17:55:00 |
| 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 |
| 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 | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | |||
| (i) | Interest Income | 4,297.19 | 20,269.86 |
| (ii) | Dividend Income | 37.38 | 7,649.66 |
| (iii) | Rental Income | 29.34 | 117.30 |
| (iv) | Fees and commission Income | 0.00 | 0.00 |
| (v) | Net gain on fair value changes | 8.18 | 116.04 |
| (vi) | Net gain on derecognition of financial instruments under amortised cost category | 0.00 | 0.00 |
| (vii) | Sale of products (including Excise Duty) | 27.43 | 91.00 |
| (viii) | Sale of services | 0.00 | 0.00 |
| (ix) | Other revenue from operations | ||
| 1 | Other | 10.75 | 42.98 |
| Total other revenue from operations | 10.75 | 42.98 | |
| Total Revenue From Operations | 4,410.27 | 28,286.84 | |
| Other income | 511.95 | 538.53 | |
| Total income | 4,922.22 | 28,825.37 | |
| 2 | Expenses | ||
| Cost of materials consumed | 0.00 | 0.00 | |
| Purchases of stock-in-trade | 27.20 | 89.80 | |
| Changes in inventories of finished goods, work-in-progress and stock-in-trade | 0.00 | 0.00 | |
| Employee benefit expense | 202.81 | 731.45 | |
| Finance costs | 4,366.77 | 16,462.15 | |
| Depreciation, depletion and amortisation expense | 8.07 | 32.15 | |
| Fees and commission expense | 0.00 | 0.00 | |
| Net loss on fair value changes | 0.00 | 0.00 | |
| Net loss on derecognition of financial instruments under amortised cost category | 0.00 | 1,615.11 | |
| Impairment on financial instruments | 0.00 | 0.00 | |
| (f) | Other expenses | ||
| 1 | Building Maintenance and Service Charge | 32.66 | 135.26 |
| 2 | Others | 69.57 | 672.69 |
| Total other expenses | 102.23 | 807.95 | |
| Total expenses | 4,707.08 | 19,738.61 | |
| 3 | Total profit before exceptional items and tax | 215.14 | 9,086.76 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 215.14 | 9,086.76 |
| 7 | Tax expense | ||
| 8 | Current tax | 96.73 | 2,558.46 |
| 9 | Deferred tax | 3.92 | (8.74) |
| 10 | Total tax expenses | 100.65 | 2,549.72 |
| 11 | Net Profit Loss for the period from continuing operations | 114.49 | 6,537.04 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 17 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 14 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 360.83 | (3,431.49) |
| 15 | Total profit (loss) for period | 475.32 | 3,105.55 |
| 16 | Other comprehensive income net of taxes | (1,68,283.73) | (12,374.43) |
| 17 | Total Comprehensive Income for the period | (1,67,808.41) | (9,268.88) |
| 18 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 19 | 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 | |||
| 20 | Details of equity share capital | ||
| Paid-up equity share capital | 1,107.23 | 1,107.23 | |
| Face value of equity share capital | 10 | 10 | |
| 21 | Reserves excluding revaluation reserve | 15,86,042.77 | |
| 22 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings per share from continuing operations | 4.29 | 28.05 | |
| Diluted earnings per share from continuing operations | 4.29 | 28.05 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings per share from discontinued operations | 0 | 0 | |
| Diluted earnings per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings per share | 4.29 | 28.05 | |
| Diluted earnings per share | 4.29 | 28.05 | |
| 23 | Debt equity ratio | ||
| 24 | Debt service coverage ratio | ||
| 25 | Interest service coverage ratio | ||
| 26 | Disclosure of notes on financial results | Textual Information(1) | |
| 23 | Debt equity ratio | |
|---|---|---|
| 24 | Debt service coverage ratio | |
| 25 | Interest service coverage ratio |
| Textual Information(1) | Notes: 1 These consolidated financial results of Pilani Investment and Industries Corporation Limited (the Parent Company) have been prepared in accordance with the recognition and measurement principles of Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and pursuant to the provisions of Regulation 33, 52 and 63(2) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended. 2 The Consolidated Financial Results include the results of the Parent Company and its two subsidiaries (together referred to as the Group) and an Associate Company. 3 The above results have been reviewed by the Audit Committee and approved by the Board of Directors of the Parent Company, at their respective Meetings held on 28th May, 2026. The Joint Statutory Auditors of the Parent Company have carried out audit of the aforesaid results. 4 The financial results were approved by the Board of Directors of the Parent Company, whereas the decision to recommend a final dividend shall be taken at the adjourned meeting of the Board of Directors to be held on 4th June, 2026. The outcome of the meeting will be intimated separately, and the required disclosures shall follow accordingly. 5 For the year ended 31st March, 2025, the Parent Company has paid dividend @ Rs.15/- per equity share of Rs.10/- each fully paid up, aggregating to Rs.1660.84 lakhs. 6 The primary business of the Group is investment and financing activities in India and accordingly there are no separate reportable segments as per IND AS 108 Operating Segments. |
|---|
| Particulars | Year ended (dd-mm-yyyy) | |
|---|---|---|
| A | Date of start of reporting period | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited |
| D | Nature of report standalone or consolidated | Consolidated |
| Statement of cash flows | ||
| Cash flows from used in operating activities | ||
| Profit before tax | 9,086.76 | |
| Adjustments for reconcile profit (loss) | ||
| Adjustments for finance costs | 0.00 | |
| Adjustments for decrease (increase) in inventories | 0.00 | |
| Adjustments for decrease (increase) in trade receivables, current | 30.14 | |
| Adjustments for decrease (increase) in trade receivables, non-current | 0.00 | |
| Adjustments for decrease (increase) in other current assets | 0.00 | |
| Adjustments for decrease (increase) in other non-current assets | 1,27,800.00 | |
| Adjustments for other financial assets, non-current | (5.85) | |
| Adjustments for other financial assets, current | 0.00 | |
| Adjustments for other bank balances | 0.00 | |
| Adjustments for increase (decrease) in trade payables, current | (1,293.77) | |
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | |
| Adjustments for increase (decrease) in other current liabilities | 0.00 | |
| Adjustments for increase (decrease) in other non-current liabilities | 0.00 | |
| Adjustments for depreciation and amortisation expense | 32.15 | |
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0.00 | |
| Adjustments for provisions, current | 0.00 | |
| Adjustments for provisions, non-current | 0.00 | |
| Adjustments for other financial liabilities, current | 0.00 | |
| Adjustments for other financial liabilities, non-current | 0.00 | |
| Adjustments for unrealised foreign exchange losses gains | 0.00 | |
| Adjustments for dividend income | 0.00 | |
| Adjustments for interest income | 26.51 | |
| Adjustments for share-based payments | 0.00 | |
| Adjustments for fair value losses (gains) | 1,607.51 | |
| Adjustments for undistributed profits of associates | 0.00 | |
| Other adjustments for which cash effects are investing or financing cash flow | 0.00 | |
| Other adjustments to reconcile profit (loss) | 0.00 | |
| Other adjustments for non-cash items | 0.00 | |
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Total adjustments for reconcile profit (loss) | 1,28,143.67 | |
| Net cash flows from (used in) operations | 1,37,230.43 | |
| Dividends received | 0.00 | |
| Interest paid | 0.00 | |
| Interest received | 0.00 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | (2,488.82) | |
| Net cash flows from (used in) operating activities | 1,34,741.61 | |
| Cash flows from used in investing activities | ||
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | |
| Cash flows used in obtaining control of subsidiaries or other businesses | 0.00 | |
| Other cash receipts from sales of equity or debt instruments of other entities | 0.00 | |
| Other cash payments to acquire equity or debt instruments of other entities | 0.00 | |
| Other cash receipts from sales of interests in joint ventures | 0.00 | |
| Other cash payments to acquire interests in joint ventures | 0.00 | |
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Proceeds from sales of property, plant and equipment | 0.00 | |
| Purchase of property, plant and equipment | 0.94 | |
| Proceeds from sales of investment property | 0.00 | |
| Purchase of investment property | 1,79,642.72 | |
| Proceeds from sales of intangible assets | 0.00 | |
| Purchase of intangible assets | 0.00 | |
| Proceeds from sales of intangible assets under development | 0.00 | |
| Purchase of intangible assets under development | 0.00 | |
| Proceeds from sales of goodwill | 0.00 | |
| Purchase of goodwill | 0.00 | |
| Proceeds from biological assets other than bearer plants | 0.00 | |
| Purchase of biological assets other than bearer plants | 0.00 | |
| Proceeds from government grants | 0.00 | |
| Proceeds from sales of other long-term assets | 0.00 | |
| Purchase of other long-term assets | 0.00 | |
| Cash advances and loans made to other parties | 0.00 | |
| Cash receipts from repayment of advances and loans made to other parties | 0.00 | |
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | |
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | |
| Dividends received | 0.00 | |
| Interest received | 20.53 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | (215.29) | |
| Net cash flows from (used in) investing activities | (1,79,838.42) | |
| Cash flows from used in financing activities | ||
| Proceeds from changes in ownership interests in subsidiaries | 0.00 | |
| Payments from changes in ownership interests in subsidiaries | 0.00 | |
| Proceeds from issuing shares | 0.00 | |
| Proceeds from issuing other equity instruments | 0.00 | |
| Payments to acquire or redeem entity's shares | 0.00 | |
| Payments of other equity instruments | 0.00 | |
| Proceeds from exercise of stock options | 0.00 | |
| Proceeds from issuing debentures notes bonds etc | 0.00 | |
| Proceeds from borrowings | 45,447.88 | |
| Repayments of borrowings | 0.00 | |
| Payments of lease liabilities | 0.00 | |
| Dividends paid | 1,660.84 | |
| Interest paid | 0.00 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | 0.00 | |
| Net cash flows from (used in) financing activities | 43,787.04 | |
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | (1,309.77) | |
| Effect of exchange rate changes on cash and cash equivalents | ||
| Effect of exchange rate changes on cash and cash equivalents | 0.00 | |
| Net increase (decrease) in cash and cash equivalents | (1,309.77) | |
| Cash and cash equivalents cash flow statement at beginning of period | 1,817.25 | |
| Cash and cash equivalents cash flow statement at end of period | 507.48 | |
| Particulars | Year ended (dd-mm-yyyy) | ||
|---|---|---|---|
| Date of start of reporting period | 01-04-2025 | ||
| Date of end of reporting period | 31-03-2026 | ||
| Whether results are audited or unaudited | Audited | ||
| Nature of report standalone or consolidated | Consolidated | ||
| Assets | |||
| 1 | Finanical Asset | ||
| Cash and cash equivalents | 507.48 | ||
| Bank Balance other than (a) above | 48.58 | ||
| Derivative financial instruments | 0.00 | ||
| Receivables | |||
| (I) Trade Receivables | 24.12 | ||
| (II) Other Receivables | 0.00 | ||
| Loans | 62,600.00 | ||
| Investments | 18,93,928.29 | ||
| Other Financial assets | |||
| 1 | Other Financial Assets | 426.74 | |
| Total of Other Financial assets | 426.74 | ||
| Total Financial Assets | 19,57,535.21 | ||
| 2 | Non Financial Asset | ||
| Inventories | 0.00 | ||
| Current tax assets (Net) | 137.32 | ||
| Deferred tax Assets (Net) | 0.00 | ||
| Investment Property | 314.99 | ||
| Biological assets other than bearer plants | 0.00 | ||
| Property, Plant and Equipment | 35.40 | ||
| Capital work-in-progress | 0.00 | ||
| Intangible assets under development | 0.00 | ||
| Goodwill | 0.00 | ||
| Other Intangible assets | 0.00 | ||
| Other non-financial assets | |||
| 1 | Other non financial assets | 70.15 | |
| Total of Other non-financial assets | 70.15 | ||
| Total Non Financial Assets | 557.86 | ||
| Total assets | 19,58,093.07 | ||
| Equity and liabilities | |||
| 1 | Equity | ||
| Equity attributable to owners of parent | |||
| Equity share capital | 1,107.23 | ||
| Other equity | 15,86,042.77 | ||
| Total equity attributable to owners of parent | 15,87,150.00 | ||
| Non controlling interest | |||
| Total equity | 15,87,150.00 | ||
| 2 | Liabilities | ||
| 2.1 | Financial Liabilities | ||
| (a) | Derivative financial instruments | 0.00 | |
| (b) | Payables | 0.00 | |
| (I)Trade Payables | |||
| (i) total outstanding dues of micro enterprises and small enterprises | 0.00 | ||
| (ii) total outstanding dues of creditors other than micro enterprises and small enterprises | 17.80 | ||
| II) Other Payables | |||
| (i) total outstanding dues of micro enterprises and small enterprises | 0.00 | ||
| (ii) total outstanding dues of creditors other than micro enterprises and small enterprises | 0.00 | ||
| (C ) | Debt Securities | 2,39,137.85 | |
| (d) | Borrowings (Other than Debt Securities) | 0.00 | |
| (e) | Deposits | 0.00 | |
| (f) | Subordinated Liabilities | 0.00 | |
| Other financial liabilities | |||
| 1 | other financial liabilities | 639.72 | |
| Total of Other financial liabilities | 639.72 | ||
| Total Financial Liabilities | 2,39,795.37 | ||
| 2.2 | Non-Financial Liabilities | ||
| (a) | Current tax liabilities (Net) | 0.00 | |
| (b) | Provisions | 340.99 | |
| (C ) | Deferred tax liabilities (Net) | 1,30,770.04 | |
| Other non-financial liabilities | |||
| 1 | other non-financial liabilities | 36.67 | |
| Total of Other non-financial liabilities | 36.67 | ||
| Total Non Financial Liabilities | 1,31,147.70 | ||
| Total liabilities | 3,70,943.07 | ||
| Total equity and liabilites | 19,58,093.07 | ||
| Disclosure of notes on assets and liabilities | Textual Information(1) | ||
| Textual Information(1) | 7 Additional information pursuant to Regulation 52(4) and 63(2) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended for the quarter and year ended 31st March, 2026. (consolidated): a. Sl. No. Particulars Quarter Ended Year Ended 31-Mar-26 31-Dec-25 31-Mar-25 31-Mar-26 31-Mar-25 (Audited) (Unaudited) (Audited) (Audited) (Audited) (a) Debt-Equity Ratio (In times) Debt/Net Worth [Debt is Long Term Borrowing (current and non-current portion), Short Term Borrowing and Lease Liabilities] 0.15 0.15 0.12 0.15 0.12 (b) Debt Service Coverage Ratio (In times) Earnings before Interest, Depreciation and Tax (EBITA) / Interest Expense on long term & short term borrowings, including lease liabilities for the period + Scheduled Principal repayment of long term borrowings, including lease liabilities during the period N. A (c) Interest Service Coverage Ratio Earnings before Interest and Tax (EBIT) / Interest Expense for the period N. A (d) 1 Outstanding redeemable preference shares (quantity) N I L N I L N I L N I L N I L (d) 2 Outstanding redeemable preference shares (value) N I L N I L N I L N I L N I L (e) Capital redemption reserve (Rs. in Lakhs) N I L N I L N I L N I L N I L (f) Debenture redemption reserve (Rs. in Lakhs) N I L N I L N I L N I L N I L (g) Net Worth (Rs, in Lakhs) 1587150.00 1754966.83 1598008.67 1587150.00 1598008.67 (h) Net Profit after tax from continuing & discontinued operations (Rs. in Lakhs) 475.32 (1439.24) (2508.92) 3105.55 9848.28 (i) Basic & diluted earnings per share - Continuing operations 4.29 (13.00) (22.66) 28.05 88.95 (j) Basic & diluted earnings per share - Discontinued operations - - - - (k) Current Ratio (In times) Current Assets / Current Liabilities 0.26 0.82 1.00 0.26 1.00 (l) Long term debt to Working Capital (In times) Long Term Borrowings (incl.Current Maturities and Lease Liabilities) / (Current Assets-Current Liabilities) (0.28) - - (0.28) - (m) Bad debts to Accounts Receivable ratio (%) (not annualized) Bad debts / Average Accounts Receivable - - - - - (n) Current Liability Ratio (In times) Current Liabilities / Total Liabilities 0.65 0.63 0.58 0.65 0.58 (o) Total Debts to Total Assets (In times) (Long term Borrowings + Short Term Borrowings + Current Maturities of Long Term Borrowings + Lease Liabilities) / Total Assets 0.12 0.09 0.10 0.12 0.10 (p) Debtors turnover (in times) (not annualized) Revenue / Average Accounts Receivable 171.94 219.29 134.03 721.80 662.45 (q) Inventory turnover (in times) (not annualized) Cost of goods sold / Average Inventory (excluding Real Estate Inventory) N. A (r) Operating margin (%) Operating Profit / Revenue 4.88% 22.31% 43.03% 32.12% 67.68% (s) Net profit Margin (%) Net Profit / Revenue 10.78% (24.15%) (44.31%) 10.98% 32.59% (t) Sector specific ratio N I L N I L N I L N I L N I L i Gross NPA N I L N I L N I L N I L N I L ii Net NPA N I L N I L N I L N I L N I L iii Provision coverage ratio 0.40% 0.40% 0.40% 0.40% 0.40% |
|---|
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| Whether results 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) | |||
| 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 | |||
| Net Segment Asset | |||
| 4 | Segment Liabilities | ||
| Segment Liabilities | |||
| Total Segment Liabilities | |||
| Un-allocable Liabilities | |||
| Net Segment Liabilities | |||
| Disclosure of notes on segments | Textual Information(1) | ||
| Textual Information(1) | b. The details of Commercial Paper (CP) repayment and outstanding: ISIN Due date of Payment Actual date of Payment* Rs. In Lakhs INE417C14850 21.01.2026 21.01.2026 5000 INE417C14868 06.02.2026 06.02.2026 7500 INE417C14868 06.02.2026 06.02.2026 7500 INE417C14868 06.02.2026 06.02.2026 2500 INE417C14868 06.02.2026 06.02.2026 7500 INE417C14868 06.02.2026 06.02.2026 2500 INE417C14AF6 20.02.2026 20.02.2026 10000 INE417C14AF6 20.02.2026 20.02.2026 5000 INE417C14AG4 25.02.2026 25.02.2026 25000 INE417C14AH2 11.03.2026 11.03.2026 20000 INE417C14AH2 11.03.2026 11.03.2026 27500 INE417C14934 12.03.2026 12.03.2026 5000 INE417C14AI0 13.03.2026 13.03.2026 12500 INE417C14AI0 13.03.2026 13.03.2026 25000 INE417C14AI0 13.03.2026 13.03.2026 12500 INE417C14AJ8 16.03.2026 16.03.2026 10000 INE417C14AJ8 16.03.2026 16.03.2026 10000 INE417C14AK6 29.01.2027 Not due as on 31.03.2026 10000 INE417C14AL4 05.02.2027 Not due as on 31.03.2026 27500 INE417C14AM2 18.02.2027 Not due as on 31.03.2026 15000 INE417C14AN0 26.05.2026 Not due as on 31.03.2026 25000 INE417C14AO8 11.03.2027 Not due as on 31.03.2026 47500 INE417C14AP5 12.03.2027 Not due as on 31.03.2026 5000 INE417C14AP5 12.03.2027 Not due as on 31.03.2026 50000 INE417C14AQ3 15.06.2026 Not due as on 31.03.2026 20000 * Since the interest (discount) on CPs is prepaid at the time of issue of respective CPs, the due date of payment of interest (discount) and actual date of payment of interest (discount) are not applicable. c. Name of the Credit Rating Agency Rating (Short Term) Rating (Long Term) CARE CARE A1+ CARE AA+/STABLE CRISIL CRISIL A1+ CRISIL AA+/STABLE 8 On 21st November, 2025, the Government of India notified the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively, the Labour Codes), consolidating 29 existing labour laws.The corresponding rules under these codes are notified on 8th May, 2026. The Company has assessed the incremental impact of these changes based in an actuarial valuation and has recognised a net Incremental impact of Rs. 9.17 lakhs towards past service cost in respect of employee benefit plans, which is included under Employee Benefits Expense for the year ended 31st March, 2026. Further, the Company continues to monitor the finalisation of all the relevant Rules, along with further clarifications from the Government on other aspects of the Labour Codes and will recognise any further accounting impact as and when required based on future developments. 9 During the quarter ended March, 2026, the Parent Company has issued 50,000, 8.11% Fully paid, Unsecured, Listed, Rated, Redemable, Non-Cumulative, Rupee denominated, Non-Convertible Debentures amounting to Rs.500 Crore maturing on 24th April, 2029. The entire proceeds from the issue of Non-Convetible debentures were utilised for the purpose mentioned in the Debenture Trust Deed. The aforsaid NCDs were subsequently listed on BSE Limited. 10 The figures for the quarter ended 31st March, 2026 and 31st March, 2025 are the balancing figures between audited figures in respect of the full financial year and the unaudited figures of nine months ended 31st December, 2025 and 31st December, 2024 respectively. 11 Previous period / year figures have been regrouped/reclassified wherever necessary to make them comparable with those of current period / year. |
|---|
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| 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 | ||
| 1 | Items that will not be reclassified to profit and loss | -19617321000 | -1929615000 |
| Total Amount of items that will not be reclassified to profit and loss | -19617321000 | -1929615000 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | (27,889.48) | (6,921.72) |
| 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 | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | (1,68,283.73) | (12,374.43) |
| 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 | Agrawal Subodh & Co. | Yes | 31-07-2027 | ||
|---|---|---|---|---|---|
| 2 | Maheshwari & Associates | Yes | 31-05-2027 | ||