HARSHA2023-10-012023-12-31 HARSHA2023-10-012023-12-31 HARSHA2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member HARSHA2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member HARSHA2023-12-31 HARSHA2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue01Member HARSHA2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue02Member HARSHA2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue01Member HARSHA2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue02Member HARSHA2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults01Member HARSHA2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults02Member HARSHA2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults01Member HARSHA2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults02Member HARSHA2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets01Member HARSHA2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets02Member HARSHA2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member HARSHA2023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member HARSHA2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member HARSHA2023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member HARSHA2023-10-012023-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member HARSHA2023-10-012023-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member HARSHA2023-10-012023-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member HARSHA2023-10-012023-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543600 HARSHA NOTLISTED Harsha Engineers International Limited Equity 2023-04-01 2024-03-31 2024-02-08 2024-01-31 INR Lakhs Third quarter 11:30:00 13:00:00 2024-02-08 2024-02-08 Not applicable Multi segment 2023-10-01 2023-12-31 Unaudited Consolidated 3244500000.00 110900000.00 3355400000.00 1859200000.00 0.00 -105200000.00 413100000.00 28400000.00 100200000.00 679900000.00 2975600000.00 379800000.00 0.00 379800000.00 88400000.00 -5400000.00 83000000.00 0.00 296800000.00 0.00 0.00 0.00 0.00 296800000.00 -31600000.00 265200000.00 0.00 0.00 910400000.00 10 3.26 3.26 0.00 0.00 3.26 3.26 KPI Quarter ended Dec 31, 2023 Nine Month ended Dec 31, 2023 Revenue from operations 32445 101190 EBITDA1 5084 13855 EBITDA margins2 15.67% 13.69% PAT 2968 7465 PAT margin3 9.15% 7.38% Return on average equity4 9.00% 1 EBITDA = PBT + Depreciation and Amortization Expense + Finance Costs 2 EBITDA margin = EBITDA / Revenue from Operations 3 PAT margin = PAT / Revenue from Operations 4 Return on Average Equity = PAT / ((Beginning Equity + Ending Equity)/2) Ratios for the quarter/ half year / nine months have been annualised Notes 1. The above unaudited consolidated financial results for the quarter and nine months ended 31 December 2023 have been reviewed by the Audit Committee and subsequently approved by the Board of Directors in their respective meetings held on 08 February 2024. The statutory auditors have expressed an unmodified opinion. 2. The audited consolidated financial results are prepared in accordance with the Indian Accounting Standards 34 Interim Financial Reporting as prescribed under Section 133 of the Companies Act, 2013, read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and Companies (Indian Accounting Standards) (Amendment Rules), 2016. 3. The unaudited consolidated financial results comprise of the results / financial information of the Holding Company, i.e., Harsha Engineers International Limited, its subsidiaries namely - Harsha Precision Bearing Components (China) Co. Ltd. -China, HASPL Americas Corporations - America, Harsha Engineers Europe SRL-Romania, Harsha Engineers Advantek Limited and its Joint Venture/ Associate namely - Cleanmax Harsha Solar LLP, Sunstream Green Energy One Pvt. Ltd. 4. Figures for the previous periods have been regrouped, reclassified and restated whereever necessary to make them comparable with the current period's figures. IPO Fund Utilization status report (Rs. In lakhs) Particulars Amount Total IPO Proceeds 45,500 Less: IPO Expenses (2,560) Net Proceeds as per Prospectus 42,940 Particulars Amt as proposed in the Offer Document Amt Utilised Amt Unutilised 1. Pre-payment or scheduled repayment 27000 27000 - of a portion of the existing borrowing availed by the Company 2. Funding capital expenditure requirements towards purchase 7795 3662 4133 of machinery 3. Infrastructure repairs 712 547 165 and renovation of our existing production facilities including office premises in India 4. General corporate purposes 7433 7433 - Total 42,940 38642 4298 Multi segment 2023-04-01 2023-12-31 Unaudited Consolidated 10119000000.00 217400000.00 10336400000.00 5604200000.00 0.00 41600000.00 1261800000.00 79400000.00 293400000.00 2043300000.00 9323700000.00 1012700000.00 0.00 1012700000.00 270500000.00 -4300000.00 266200000.00 0.00 746500000.00 0.00 0.00 0.00 0.00 746500000.00 25200000.00 771700000.00 0.00 0.00 910400000.00 10 8.20 8.20 0.00 0.00 8.20 8.20 Other Expenses 679900000.00 Other Expenses 2043300000.00 Engineering & Others 2776300000.00 Solar-EPC and O&M 468200000.00 Engineering & Others 9062100000.00 Solar-EPC and O&M 1056900000.00 3244500000.00 10119000000.00 3244500000.00 10119000000.00 Engineering & Others 359100000.00 Solar-EPC and O&M 20700000.00 Engineering & Others 1010900000.00 Solar-EPC and O&M 1800000.00 379800000.00 1012700000.00 379800000.00 1012700000.00 Engineering & Others 14093700000.00 Solar-EPC and O&M 1100000000.00 15193700000.00 Engineering & Others 2675300000.00 Solar-EPC and O&M 1129600000.00 3804900000.00 Remeasurement of post employment benefit obligations -200000.00 Remeasurement of post employment benefit obligations -800000.00 -200000.00 -800000.00 -100000.00 -200000.00 Gains/(Loss) of Cashflow Hedge -42000000.00 Gains/(Loss) of Cashflow Hedge 34500000.00 -42000000.00 34500000.00 -10500000.00 8700000.00