INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol PSRAJ
MSEI Symbol NOTLISTED
ISIN INE0XUS01012
Name of Company P S Raj Steels 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 28-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 24-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 Stainless Steels Pipe and Tubes
Start date and time of board meeting 28-May-2025   17:00:00
End date and time of board meeting 28-May-2025   20:00:00
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 Declaration of unmodified opinion
Whether the company has any related party? No
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? No
(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? No
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
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
NA


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 1271600000 2662715000
Other income 296000 340000
Total Income 1271896000 2663055000
2 Expenses
(a) Cost of materials consumed 1169958000 2459502000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -23856000 -63451000
(d) Employee benefit expense 16141000 31227000
(e) Finance costs 6189000 13949000
(f) Depreciation and amortisation expense 5533000 9641000
(g) Other Expenses
1 Other Expenses 49988000 112545000
Total other expenses 49988000 112545000
Total expenses 1223953000 2563413000
3 Profit before exceptional and extraordinary items and tax 47943000 99642000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax 47943000 99642000
6 Extraordinary items 0 0
7 Profit before tax 47943000 99642000
8 Tax Expense
Current tax 12761000 26044000
Deferred tax -253000 -497000
Total tax expenses 12508000 25547000
9 Net Profit Loss for the period from continuing operations 35435000 74095000
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 35435000 74095000
14 Share of profit (loss) of associates
15 Profit (loss) of minority interest
16 Net profit (Loss) for the period 35435000 74095000
17 Details of equity share capital
Paid-up equity share capital 75383000 75383000
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve 574005000
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.89 9.83
Diluted earnings (loss) per share from continuing and discontinued operations 2.89 9.83
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 Financial Statement/Financial Result have been prepared in accordance with the Generally Accepted Accounting Principles in India (Indian GAAP) to comply with the Accounting Standards specified under section 133 of the Act read with Companies (Accounting Standards) Rules, 2021 and the relevant provisions of the Companies Act 2013. 2.The Financial result for the Half year ended March 31, 2025 have been prepared in accordance with the Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 . 3. The above Financial Results of the company for the period ended on 31st March, 2025 was reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 28th May, 2025. 4. As the company is listed on SME Platform of NSE, it has been exempted from the applicability of IND-AS as per the proviso to the rule 4 of Companies (Indian Accounting Standards), 2015 5.The Cashflow has been prepared by the Company using Indirect Method As per AS-3 Cash Flow Statements. 6. Figures for the Previous periods have been re-grouped/re-stated/re-arranged, wherever necessary, to correspond with the current period’s classification/disclosure/ comparatives for the ease of the investor’s or stakeholder’s analysis 7. Figures for the half year ended 31stMarch, 2025 is balancing figures between theaudited figures in respect of Full Finanical Year ended on March 31, 2025 and the figure for the Audited Half Year ended Sepetmber 30, 2024 . 8. The Company has gone into Public Issue on 19th February, 2025(Listing Date) and issued 20,20,000 sahres @ Rs. 140 /- Each. 9. The status of Investor’s Complaints during the year ended on 31st March, 2025 is as under: Complaints pending at the beginning of the period Nil Complaints received during the period Nil Complaints disposed of and resolved during the period Nil Complaints pending at the end of the period Nil 10.The Company got listed on NSE SME platform w.e.f. 19th February, 2025 . Therefore half year ended Financial result are prepared by the Company for the First Time and hence Financial results for the six months /Half Year ended 31st March, 2024 are not applicable to the Company during the previous and hence we have not prepared the same. 11. The Results of the Company may be downloaded from stock Exchange website or the Company Website , www.pssrgroup.com


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


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 99642000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 13949000
Adjustments for depreciation and amortisation expense 9641000
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 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 to profit (loss) 23590000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories -90724000
Adjustments for decrease (increase) in trade receivables -43248000
Adjustments for decrease (increase) in other current assets -63884000
Adjustments for increase (decrease) in trade payables 10402000
Adjustments for increase (decrease) in other current liabilities -4313000
Adjustments for provisions 0
Total adjustments for working capital -191767000
Total adjustments for reconcile profit (loss) -168177000
Net cash flows from (used in) operations -68535000
Dividends received 0
Interest paid 0
Interest received -340000
Income taxes paid (refund) 21690000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items -90565000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities -90565000
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 1700000
Purchase of property plant and equipment 26935000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 40000
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 340000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -115000
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -25050000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -25050000
Cash flows from used in financing activities
Proceeds from issuing shares 282800000
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 132386000
Dividends paid 0
Interest paid 13949000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -12648000
Net cash flows from (used in) financing activities before extraordinary items 123817000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 123817000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 8202000
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 8202000
Cash and cash equivalents cash flow statement at beginning of period 623000
Cash and cash equivalents cash flow statement at end of period 8825000


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 75383000
Reserves and surplus 574005000
Money received against share warrants 0
Total shareholders' funds 649388000
2 Share application money pending allotment 0
3 Deferred government grants 0
4 Minority interest
5 Non-current liabilities
Long-term borrowings 2757000
Deferred tax liabilities (net) 0
Foreign currency monetary item translation difference liability account 0
Other long-term liabilities 500000
Long-term provisions 3459000
Total non-current liabilities 6716000
6 Current liabilities
Short-term borrowings 43007000
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 2849000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 8061000
Total Trade payable 10910000
Other current liabilities 5755000
Short-term provisions 26295000
Total current liabilities 85967000
Total equity and liabilities 742071000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 42717000
Producing properties
Intangible assets 0
Preproducing properties
Property, Plant and Equipment capital work-in-progress 13264000
Intangible assets under development or work-in-progress 40000
Total Property, Plant and Equipment and Intangible assets 56021000
ii Non-current investments 0
v Deferred tax assets (net) 3621000
vi Foreign currency monetary item translation difference asset account
vii Long-term loans and advances 0
viii Other non-current assets 4488000
Total non-current assets 64130000
Current assets
Current investments 0
Inventories 306043000
Trade receivables 193955000
Cash and cash equivalents 8826000
Bank balance other than cash and cash equivalents 0
Short-term loans and advances 30000
Other current assets 169087000
Total current assets 677941000
Total assets 742071000
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 Jain Mittal Chaudhary & Associates Yes 30-Apr-2027


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 17-Feb-2025
Amount Raised 282800000
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
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


Signatory Details
Name of signatory VINOD KUMAR
Designation of person Chief Financial Officer
Place HISAR
Date 28-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)
Total value of transaction during the reporting period