INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol APEXECO
MSEI Symbol NOTLISTED
ISIN INE0T4V01015
Name of Company APEX ECOTECH LIMITED
Type of company SME
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 22-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 14-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Half Yearly
Reporting Quarter Yearly
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 Water and Wastewater management
Start date and time of board meeting 22-May-2025   12:00:00
End date and time of board meeting 22-May-2025   12:56:00
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
(III) 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 2024-07-15
Indicate Company website link for updated RPT policy of the Company https://www.apexecotech.com/corporate-governance.php
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 and the company has not issued any debt securities.


Financial Results — Other than Bank
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-Oct-2024 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 Revenue From Operations
Revenue from operations 492544000 709553000
Other income 4994000 6245000
Total Income 497538000 715798000
2 Expenses
(a) Cost of materials consumed 341287000 489113000
(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 32490000 65370000
(e) Finance costs 642000 803000
(f) Depreciation and amortisation expense 1158000 2160000
(g) Other Expenses
1 other expenses 28990000 44504000
Total other expenses 28990000 44504000
Total expenses 404567000 601950000
3 Profit before exceptional and extraordinary items and tax 92971000 113848000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax 92971000 113848000
6 Extraordinary items 0 0
7 Profit before tax 92971000 113848000
8 Tax Expense
Current tax 24972000 30339000
Deferred tax -2084000 -2099000
Total tax expenses 22888000 28240000
9 Net Profit Loss for the period from continuing operations 70083000 85608000
10 Profit (loss) from discontinuing operations before tax 0 0
11 Tax expense of discontinuing operations 0 0
12 Net profit (loss) from discontinuing operation after tax 0 0
13 Profit (loss) for period before minority interest 70083000 85608000
14 Share of profit (loss) of associates
15 Profit (loss) of minority interest
16 Net profit (Loss) for the period 70083000 85608000
17 Details of equity share capital
Paid-up equity share capital 131852000 131852000
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve 330486000
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 6.31 7.91
Diluted earnings (loss) per share from continuing and discontinued operations 6.31 7.91
20 Debt equity ratio 0.0 0.0
21 Debt service coverage ratio 0.4504 0.3415
22 Interest service coverage ratio 1.4583 1.4286
23 Disclosure of notes on financial results Textual Information(1)


Text Block
Textual Information(1) 1. The statement of Audited Financial Results for Half year and Financial Year ended March 31,2025 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on May 22, 2025. 2. These audited financial results are prepared in accordance with the Accounting Standards (AS) as prescribed under Section 133 of the Companies Act read with Companies (Accounting Standards) Rules, 2006. 3. Figures for the Half Year ended March 31, 2025 are the balancing figures between audited figures in respect of the full financial year and the audited figures upto the Half year ended September 30, 2024 of the financial year.The Financials Results for the year ended March 31,2025 have been audited by the Statutory Auditor of the Company. 4. Initial Public offer (IPO) of equity shares of the company. During the year, company raised an amount of INR 25,54,41,600 through IPO of 34,99,200 equity shares of INR 10.00 each at an issue price of INR 73.00 each. The offer was open from November 27, 2024 to November 29, 2024.The equity shares of the company are listed on the SME Platform of National Stock Exchange of India (NSE EMERGE) with effect from December 4, 2024. Particulars: Original Allocation: Funds Utilised: Funds Unutilised Working capital requirement: 1700.00 :1700.00: 0.00 General Corporate Purpose 616.03: 598.40: 17.63 5. The Company is dealing in only one segment i.e. treatment of waste water. Therefore segment reporting is not applicable as per ‘AS 17 : Segmenting Reporting’. 6. The audited financial results for the Half Year and Year ended March 31, 2023 are available on the websites of the Company (www.apexecotech.com) and National Stock Exchange of India (www.nseindia.com).


Remarks
20 Debt equity ratio
21 Debt service coverage ratio
22 Interest service coverage ratio Interest Service coverage ratio is increased due to increase in earnings


Cash flow statement — indirect
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
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax 113848000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 803000
Adjustments for depreciation and amortisation expense 2160000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for share-based payments 0
Other adjustments for which cash effects are investing or financing cash flow -5549000
Other adjustments to reconcile profit (loss) -350000
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 to profit (loss) -2936000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories -6367000
Adjustments for decrease (increase) in trade receivables -134617000
Adjustments for decrease (increase) in other current assets -90295000
Adjustments for increase (decrease) in trade payables -1820000
Adjustments for increase (decrease) in other current liabilities 3402000
Adjustments for provisions 7971000
Total adjustments for working capital -221726000
Total adjustments for reconcile profit (loss) -224662000
Net cash flows from (used in) operations -110814000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 29989000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items -140803000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities -140803000
4 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 1008000
Proceeds from sales of intangible assets 0
Purchase of intangible 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 5549000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items 4541000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities 4541000
Cash flows from used in financing activities
Proceeds from issuing shares 34992000
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 2435000
Dividends paid 0
Interest paid 803000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 194382000
Net cash flows from (used in) financing activities before extraordinary items 226136000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 226136000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 89874000
6 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 89874000
Cash and cash equivalents cash flow statement at beginning of period 94521000
Cash and cash equivalents cash flow statement at end of period 184395000


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
Equity and liabilities
1 Shareholders' funds
Share capital 131852000
Reserves and surplus 330486000
Money received against share warrants 0
Total shareholders' funds 462338000
2 Share application money pending allotment 0
3 Deferred government grants 0
4 Minority interest
5 Non-current liabilities
Long-term borrowings 305000
Deferred tax liabilities (net) 0
Foreign currency monetary item translation difference liability account 0
Other long-term liabilities 0
Long-term provisions 4993000
Total non-current liabilities 5298000
6 Current liabilities
Short-term borrowings 1473000
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 28771000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 6778000
Total Trade payable 35549000
Other current liabilities 59107000
Short-term provisions 33104000
Total current liabilities 129233000
Total equity and liabilities 596869000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 11735000
Producing properties 0
Intangible assets 61000
Preproducing properties 0
Property, Plant and Equipment capital work-in-progress 0
Intangible assets under development or work-in-progress 0
Total Property, Plant and Equipment and Intangible assets 11796000
ii Non-current investments 0
v Deferred tax assets (net) 3304000
vi Foreign currency monetary item translation difference asset account 0
vii Long-term loans and advances 0
viii Other non-current assets 0
Total non-current assets 15100000
Current assets
Current investments 0
Inventories 23919000
Trade receivables 221283000
Cash and cash equivalents 279503000
Bank balance other than cash and cash equivalents 0
Short-term loans and advances 24196000
Other current assets 32868000
Total current assets 581769000
Total assets 596869000
Disclosure of notes on assets and liabilities


Format for Reporting Segment 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-Oct-2024 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether results 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
Net Segment Asset
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments




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 RAMAN CHAWLA & ASSOCIATES, CHARTERED ACCOUNTANTS Yes 31-Mar-2026


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income
2 Total Expenditure
3 Net Profit/(Loss)
4 Earnings Per Share
5 Total Assets
6 Total Liabilities
7 Net Worth


Signatories details

Name of CEO / Managing director
Name of CFO
Name of audit committee chairman
Name of statutory auditor
Name of other signatory, if any, with designation
Place
Date


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)
Mode of Fund Raising Public Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 27-Nov-2024
Amount Raised 255441000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable
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
Comments of the Audit Committee after review Nil
Comments of the auditors, if any
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 Working Capital Requirements NA 170000000 0 170000000 0
2 General Corporate Purposes NA 61602000 0 59839000 0
3 Public Issue Expenses NA 23839000 0 23839000 0


Signatory Details
Name of signatory ANUJ DOSAJH
Designation of person Managing Director
Place DELHI
Date 22-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 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 Apex Ecotech Limited Anuj Dosajh Promoter and Managing Director Remuneration Nil 2820000 0 0
2 Apex Ecotech Limited Ajay Raina Promoter and Director Remuneration Nil 2324000 0 0
3 Apex Ecotech Limited Ramakrishnan Balasundaram Aiyer Promoter and Director Remuneration Nil 2820000 0 0
4 Apex Ecotech Limited Poonam Dosajh Promoter Group Remuneration Nil 331000 0 0
5 Apex Ecotech Limited Asha Aiyer Promoter Group Remuneration Nil 331000 0 0
6 Apex Ecotech Limited Monica Bhat Promoter Group Remuneration Nil 331000 0 0
Total value of transaction during the reporting period 8957000





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
B Of the total amount outstanding, amount of default as on date
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
3. Total financial indebtedness of the listed entity including short-term and long-term debt