INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol KRISHNADEF
MSEI Symbol NOTLISTED
ISIN INE0J5601015
Name of Company Krishna Defence and Allied Industries Limited
Type of company SME
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 14-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 06-11-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Half Yearly
Reporting Quarter Half yearly
Nature of report standalone or consolidated Consolidated
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
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 14-11-2025   13:05:00
End date and time of board meeting 14-11-2025   14:10:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable


Financial Results — Other than Bank

Amount in (Lakhs)

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 01-04-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Revenue From Operations
Revenue from operations 12,046.80 12,046.80
Other income 91.52 91.52
Total Income 12,138.32 12,138.32
2 Expenses
(a) Cost of materials consumed 5,454.33 5,454.33
(b) Purchases of stock-in-trade 198.34 198.34
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 126.51 126.51
(d) Employee benefit expense 1,020.71 1,020.71
(e) Finance costs 18.28 18.28
(f) Depreciation and amortisation expense 156.99 156.99
(g) Other Expenses
1 Job Work & Labour Changes 1,315.25 1,315.25
2 Other expenses 1,769.32 1,769.32
Total other expenses 3,084.57 3,084.57
Total expenses 10,059.73 10,059.73
3 Profit before exceptional and extraordinary items and tax 2,078.59 2,078.59
4 Exceptional items 0.00 0.00
5 Profit before extraordinary items and tax 2,078.59 2,078.59
6 Extraordinary items 0.00 0.00
7 Profit before tax 2,078.59 2,078.59
8 Tax Expense
Current tax 517.18 517.18
Deferred tax (0.69) (0.69)
Total tax expenses 516.49 516.49
9 Net Profit Loss for the period from continuing operations 1,562.10 1,562.10
10 Profit (loss) from discontinuing operations before tax 0.00 0.00
11 Tax expense of discontinuing operations 0.00 0.00
12 Net profit (loss) from discontinuing operation after tax 0.00 0.00
13 Profit (loss) for period before minority interest 1,562.10 1,562.10
14 Share of profit (loss) of associates 275.69 275.69
15 Profit (loss) of minority interest 0.00 0.00
16 Net profit (Loss) for the period 1,837.79 1,837.79
17 Details of equity share capital
Paid-up equity share capital 1,491.90 1,491.90
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 12.71 12.71
Diluted earnings (loss) per share from continuing and discontinued operations 12.66 12.66
20 Debt equity ratio
21 Debt service coverage ratio
22 Interest service coverage ratio
23 Disclosure of notes on financial results Textual Information(1)


Text Block

Textual Information(1) 1. The above Consolidated results for the half year ended on 30th september 2025, have been reviewed by the Audit Committee and approved by the Board of Directors at thier meeting held on 14th November, 2025. 2. The figures for the corresponding periods have been regrouped/reclassifed wherever consdiered necessary to confirm the figures represented in the current period. 3. The activities of the Company releate to two segments - Dairy & Kitchen Equipment and Defence Product 4.The Company has acquired additional 2500 equity shares at a price of 19,000 each of waveoptix defence solutions private limited (WDSPL) on account of conversion of loan given amounting to Rs. 475 Lakhs as on 25th March, 2025. On such acqusition the company has investment of 40% equity share capital of WDSPL. 5.The Company has acquired 88000 equity shares of 200 each of conceptia software technologies private limited (CSTPL) on 5th May, 2025 which represent 20% of equity CSTPL. On such acquisition CSTPL has become associate of the company w.e.f. 05 May, 2025. 6.The Company has issued 860000 convertible equity warrants at the price of rs.304 on 1st February 2024 on prefrential basis. The upfront 25% of the total considertaion was received at the time of subscribing warrants. The company has converted the 860000 convertible equity warrants into equity shares by receving the balance 75% of the total considertaion. The company had converted 541000 Convertible Equity warrants into Equity Shares as on 26th June, 2025 & 3,19,000 Convertible Equity warrants into Equity Shares as on 25th July, 2025 by receiving the balance 75% of the total consideration. The company had received proceeds of Rs. 1960.80 Lakhs from the above issue., the company had utilized the above amount for meeting its working capital requirement and for Capital Expenditure requirement as per the objects mentioned in the Extra ordinary General Meeting Notice dated on 13th December, 2023. 7.The company has obtained approval for the Krishna Defence and Allied Industries Limited Stock Option Scheme 1 (ESOP 1) for 3,00,000 stock options from the Board of Directors through a resolution passed in the Board Meeting held on 5th July 2024. Subsequently, the ESOP 1 scheme was further approved by a special resolution passed in the Annual General Meeting held on 13th August 2024. Additionally, the scheme received in-principle approval from the National Stock Exchange (NSE) as on 17th October 2024. Further, the company granted 63,356 Stock Option to its employees by virtue of grant letter dated 11th, November, 2024. However, employees have accepted the 58,764 stock option at the vesting conditions which are outlined in their grant letter. The option outstading as on 30th September, 2025 is 57,448 options. Necessary impact have been considered. Further, the company has not yet granted the 2,36,644 Stock Option to its employees. The options are exercisable at an exercise price of Rs. 304 per share (Face Value of Rs.10 per share). Total expenses arising from sharebased payment transactions recognized in profit or loss as part of employee benefit expense is Rs. 75.30 lakhs for the half year ended on 30th Septemeber,2025 8.The statement of standalone financial results includes the result for the half year ended March 31, 2025, being the balancing figures between the audited figures in respect of full financial year ended March 31,2025 and published unaudited year to date figures up to the half year of the current financial year, which were subjected to a limited review, as required under the listings regulations


Remarks

20 Debt equity ratio
21 Debt service coverage ratio
22 Interest service coverage ratio


Cash flow statement — indirect

Amount in (Lakhs)

A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited
D Nature of report standalone or consolidated Consolidated
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax 2,078.59
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 17.34
Adjustments for depreciation and amortisation expense 156.99
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for share-based payments 75.30
Other adjustments for which cash effects are investing or financing cash flow (89.41)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 28.63
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments to profit (loss) 188.85
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories 2,075.50
Adjustments for decrease (increase) in trade receivables (1,395.43)
Adjustments for decrease (increase) in other current assets (197.42)
Adjustments for increase (decrease) in trade payables 114.12
Adjustments for increase (decrease) in other current liabilities 125.59
Adjustments for provisions (99.42)
Total adjustments for working capital 622.94
Total adjustments for reconcile profit (loss) 811.79
Net cash flows from (used in) operations 2,890.38
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 651.53
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities before extraordinary items 2,238.85
Proceeds from extraordinary items 0.00
Payment for extraordinary items 0.00
Net cash flows from (used in) operating activities 2,238.85
4 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 176.00
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 2.78
Purchase of property plant and equipment 790.15
Proceeds from sales of intangible assets 0.00
Purchase of intangible 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 87.79
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (1,846.00)
Proceeds from government grants 0.00
Net cash flows from (used in) investing activities before extraordinary items (2,721.58)
Proceeds from extraordinary items 0.00
Payment for extraordinary items 0.00
Net cash flows from (used in) investing activities (2,721.58)
Cash flows from used in financing activities
Proceeds from issuing shares 1,960.80
Proceeds from issuing other equity instruments 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 868.59
Dividends paid 6.03
Interest paid 19.37
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities before extraordinary items 1,066.81
Proceeds from extraordinary items 0.00
Payment for extraordinary items 0.00
Net cash flows from (used in) financing activities 1,066.81
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 584.08
6 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 584.08
Cash and cash equivalents cash flow statement at beginning of period 33.42
Cash and cash equivalents cash flow statement at end of period 617.50


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Equity and liabilities
1 Shareholders' funds
Share capital 1,491.90
Reserves and surplus 15,454.34
Money received against share warrants
Total shareholders' funds 16,946.24
2 Share application money pending allotment 0.00
3 Deferred government grants
4 Minority interest
5 Non-current liabilities
Long-term borrowings 0.00
Deferred tax liabilities (net)
Foreign currency monetary item translation difference liability account
Other long-term liabilities
Long-term provisions 45.10
Total non-current liabilities 45.10
6 Current liabilities
Short-term borrowings 76.38
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 213.64
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 702.78
Total Trade payable 916.42
Other current liabilities 1,269.41
Short-term provisions 80.44
Total current liabilities 2,342.65
Total equity and liabilities 19,333.99
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 2,213.26
Producing properties 0.00
Intangible assets 0.00
Preproducing properties 0.00
Property, Plant and Equipment capital work-in-progress 364.97
Intangible assets under development or work-in-progress 0.00
Total Property, Plant and Equipment and Intangible assets 2,578.23
ii Non-current investments 1,002.80
v Deferred tax assets (net) 7.52
vi Foreign currency monetary item translation difference asset account 0.00
vii Long-term loans and advances 546.89
viii Other non-current assets 2,585.94
Total non-current assets 6,721.38
Current assets
Current investments 0.00
Inventories 5,166.57
Trade receivables 3,258.73
Cash and cash equivalents 617.50
Bank balance other than cash and cash equivalents 2,205.04
Short-term loans and advances 1,364.77
Other current assets 0.00
Total current assets 12,612.61
Total assets 19,333.99
Disclosure of notes on assets and liabilities


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

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 01-04-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Dairy & Kitchen equipment's segment 932.16 932.16
2 Defence Products 11,114.64 11,114.64
Total Segment Revenue 12,046.80 12,046.80
Less: Inter segment revenue
Revenue from operations 12,046.80 12,046.80
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Dairy & Kitchen equipment's segment 62.87 62.87
2 Defence Products 2,784.69 2,784.69
Total Profit before tax 2,847.56 2,847.56
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income 493.27 493.27
Profit before tax 2,354.29 2,354.29
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Dairy & Kitchen equipment's segment 858.39 858.39
2 Defence Products 12,091.42 12,091.42
3 Dairy & Kitchen equipment's segment 858.39 858.39
4 Defence Products 12,091.42 12,091.42
Total Segment Asset 12,949.81 12,949.81
Un-allocable Assets 6,384.19 6,384.19
Net Segment Asset 19,334.00 19,334.00
4 Segment Liabilities
Segment Liabilities
1 Dairy & Kitchen equipment's segment 144.86 144.86
2 Defence Products 1,857.52 1,857.52
3 Dairy & Kitchen equipment's segment 144.86 144.86
4 Defence Products 1,857.52 1,857.52
Total Segment Liabilities 2,002.38 2,002.38
Un-allocable Liabilities 385.37 385.37
Net Segment Liabilities 2,387.75 2,387.75
Disclosure of notes on segments