INTEGRATED FILING — Other than Banks



General information about company

Scrip code 000000
NSE Symbol PRATHAM
MSEI Symbol NOTLISTED
ISIN INE0QA601016
Name of Company Pratham EPC Projects 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 29-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 23-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 Engineering, Procurement, and Construction
Start date and time of board meeting 29-May-2025   08:04:00
End date and time of board meeting 30-May-2025   12:30:00
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 Yes
(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. Yes
(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
Not applicable to our company


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 559581000 1177778000
Other income 12657000 37212000
Total Income 572238000 1214990000
2 Expenses
(a) Cost of materials consumed 351899000 725736000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -47884000 -121692000
(d) Employee benefit expense 84427000 161163000
(e) Finance costs 6248000 11611000
(f) Depreciation and amortisation expense 7711000 15169000
(g) Other Expenses
1 Other expenses 104149000 239254000
Total other expenses 104149000 239254000
Total expenses 506550000 1031241000
3 Profit before exceptional and extraordinary items and tax 65688000 183749000
4 Exceptional items 0 0
5 Profit before extraordinary items and tax 65688000 183749000
6 Extraordinary items 0 0
7 Profit before tax 65688000 183749000
8 Tax Expense
Current tax 17500000 48000000
Deferred tax 62000 417000
Total tax expenses 17562000 48417000
9 Net Profit Loss for the period from continuing operations 48126000 135332000
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 48126000 135332000
14 Share of profit (loss) of associates
15 Profit (loss) of minority interest
16 Net profit (Loss) for the period 48126000 135332000
17 Details of equity share capital
Paid-up equity share capital 177600000 177600000
Face value of equity share capital 10 10
18 Reserves excluding revaluation reserve 566091000
19 Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.71 7.62
Diluted earnings (loss) per share from continuing and discontinued operations 2.71 7.62
20 Debt equity ratio 0.0 0.0
21 Debt service coverage ratio 0.0 0.0
22 Interest service coverage ratio 0.0 0.0
23 Disclosure of notes on financial results Textual Information(1)


Text Block

Textual Information(1) 1. The above standalone audited financial results have been prepared in accordance with the Accounting Standards prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and have been audited by the Statutory Auditors of the Company. 2. The above standalone audited financial results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on 29th May, 2025. The Statutory Auditors have expressed an unmodified audit opinion on the above standalone audited financial results for the half year and year ended 31st March, 2025. 3. Segment Reporting as defined in Accounting Standard-17 is applicable, as the business of the company falls in more than one segment. 4. There were no investor complaints, known to the Company, outstanding as on the half year ended 31st March, 2025. 5. The figures for the current half year ended 31st March, 2025 are the balancing figures between the audited figures in respect of the full financial year ended 31st March, 2025 and published year to date figures up to the half year ended 30th September, 2024 which were subjected to limited review. 6. Previous period's /year's figures have been reclassified/regrouped/rearranged, wherever considered necessary so as to make them comparable with current period's /year's figures. 7. Basic and Diluted Earnings Per Share of periods presented have been calculated based on the weighted average number of shares outstanding in respective periods.


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 183749000
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 11611000
Adjustments for depreciation and amortisation expense 15169000
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 -6657000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 958000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) 21081000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories -121692000
Adjustments for decrease (increase) in trade receivables -151175000
Adjustments for decrease (increase) in other current assets -84314000
Adjustments for increase (decrease) in trade payables 24691000
Adjustments for increase (decrease) in other current liabilities 7519000
Adjustments for provisions 13366000
Total adjustments for working capital -311605000
Total adjustments for reconcile profit (loss) -290524000
Net cash flows from (used in) operations -106775000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 48000000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities before extraordinary items -154775000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities -154775000
4 Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 780000
Cash flows used in obtaining control of subsidiaries or other businesses 1190000
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 9610000
Purchase of property plant and equipment 59849000
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 6512000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 47549000
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items 3412000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities 3412000
Cash flows from used in financing activities
Proceeds from issuing shares -176000
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 85219000
Repayments of borrowings 0
Dividends paid 0
Interest paid 11611000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities before extraordinary items 73432000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 73432000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -77931000
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 -77931000
Cash and cash equivalents cash flow statement at beginning of period 84784000
Cash and cash equivalents cash flow statement at end of period 6853000


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 177600000
Reserves and surplus 566091000
Money received against share warrants 0
Total shareholders' funds 743691000
2 Share application money pending allotment 0
3 Deferred government grants 0
4 Minority interest
5 Non-current liabilities
Long-term borrowings 41919000
Deferred tax liabilities (net) 1904000
Foreign currency monetary item translation difference liability account 0
Other long-term liabilities 23080000
Long-term provisions 2685000
Total non-current liabilities 69588000
6 Current liabilities
Short-term borrowings 77157000
Trade Payables
(A) Total outstanding dues of micro enterprises and small enterprises 34006000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 41281000
Total Trade payable 75287000
Other current liabilities 49206000
Short-term provisions 36091000
Total current liabilities 237741000
Total equity and liabilities 1051020000
Assets
1 Non-current assets
i Property, Plant and Equipment and Intangible assets
Property, Plant and Equipment 127845000
Producing properties 0
Intangible assets 3857000
Preproducing properties 0
Property, Plant and Equipment capital work-in-progress 15474000
Intangible assets under development or work-in-progress 0
Total Property, Plant and Equipment and Intangible assets 147176000
ii Non-current investments 4190000
v Deferred tax assets (net) 0
vi Foreign currency monetary item translation difference asset account 0
vii Long-term loans and advances 0
viii Other non-current assets 23289000
Total non-current assets 174655000
Current assets
Current investments 0
Inventories 369960000
Trade receivables 307086000
Cash and cash equivalents 53242000
Bank balance other than cash and cash equivalents 0
Short-term loans and advances 93637000
Other current assets 52440000
Total current assets 876365000
Total assets 1051020000
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 M/S VCAN & CO Yes 30-Sep-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 14-Mar-2024
Amount Raised 360000000
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 NA
Comments of the Audit Committee after review NA
Comments of the auditors, if any NA
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 NA 151500000 0 151500000 0 The funds have been utilized for the aforementioned purpose
2 PURCHASE OF MACHINERY/EQUIPEMENT NA 88380000 0 14900000 0 Remaining funds will be utilized in upcoming time period
3 ISSUE EXPENSES NA 31900000 0 31900000 0 The funds have been utilized for the aforementioned purpose
4 GENERAL CORPORATE PURPOSE NA 88220000 0 88220000 0 The funds have been utilized for the aforementioned purpose


Signatory Details

Name of signatory PRATIKUMAR MAGANLAL VEKARIYA
Designation of person Managing Director
Place AHMEDABAD
Date 29-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)
1 Pratikkumar Vekariya pratham epc projects limited PROMOTER/DIRECTOR Loan NA 0 2025-05-29 4000000 2259000 5959000
2 Nayankumar Mnaubhai Pansuriya pratham epc projects limited PROMOTER/DIRECTOR Loan NA 0 2025-05-29 0 3132000 8132000
3 yogesh joglekar pratham epc projects limited CFO Remuneration NA 0 2025-05-29 604000 45000 50000
4 bhavasthi mehta pratham epc projects limited OLD CS Remuneration NA 0 2025-05-29 448000 49000 0
5 Palak Sharma pratham epc projects limited NEW CS Remuneration NA 0 2025-05-29 242000 0 64000
6 Pratham international contracting llc pratham epc projects limited WHOLLY OWNED SUBSIDARY Loan NA 37822000 2025-05-29 37822000 0 37822000
7 Pratham international contracting llc pratham epc projects limited WHOLLY OWNED SUBSIDARY Sale of fixed assets NA 216000 2025-05-29 216000 0 0
8 Pratham international contracting llc pratham epc projects limited WHOLLY OWNED SUBSIDARY Any other transaction SHARE CAPITAL NA 0 2025-05-29 1189000 0 -4000
9 Mehul Thummar pratham epc projects limited NON EXECUTIVE DIRECTOR Remuneration NA 0 2025-05-29 23000 0 0
10 Mitalben Vekariya pratham epc projects limited PROMOTER GROUP Remuneration NA 0 2025-05-29 1529000 2818000 4348000
11 Nutanben Pansuriya pratham epc projects limited PROMOTER GROUP Remuneration NA 0 2025-05-29 1529000 2742000 1529000
12 Abhaypada Sarangi pratham epc projects limited INDEPENDENT DIRECTOR Remuneration NA 0 2025-05-29 18000 2980000 7000
13 Sanket Parshottambhai Kakadiya pratham epc projects limited PROMOTER GROUP Any other transaction SITTING FEE NA 0 2025-05-29 727000 5220000 6060000
14 Garima Rajput pratham epc projects limited INDEPENDENT DIRECTOR Any other transaction SITTING FEE NA 0 2025-05-29 25000 0 0
15 Piyushbhai M Shingala pratham epc projects limited PROMOTER GROUP Remuneration NA 0 2025-05-29 1225000 8836000 9676000
16 Pratham Construction pratham epc projects limited CONTROLLED BY DIRECTOR Loan NA 0 2025-05-29 0 133000 133000
17 Pipeflow Intergrity pratham epc projects limited SUBSIDARY Purchase of goods or services NA 0 2025-05-29 964000 -300000 -300000
18 Pipeflow Intergrity pratham epc projects limited SUBSIDARY Loan NA 0 2025-05-29 1000000 7337000 8337000
19 Pratikkumar Vekariya pratham epc projects limited PROMOTER/DIRECTOR Any other transaction RENT&salary NA 0 2025-05-29 7200000 1407000 2985000
20 Nayankumar Mnaubhai Pansuriya pratham epc projects limited PROMOTER/DIRECTOR Any other transaction RENT&salary NA 0 2025-05-29 7200000 938000 1961000
Total value of transaction during the reporting period 65961000