HARSHA2024-01-012024-03-31 HARSHA2024-01-012024-03-31 HARSHA2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member HARSHA2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member HARSHA2024-03-31 HARSHA2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member HARSHA2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member HARSHA2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member HARSHA2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member HARSHA2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member HARSHA2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member HARSHA2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member HARSHA2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member HARSHA2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member HARSHA2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member HARSHA2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member HARSHA2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member HARSHA2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member HARSHA2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member HARSHA2024-01-012024-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member HARSHA2024-01-012024-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member HARSHA2024-01-012024-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member HARSHA2024-01-012024-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543600 HARSHA NOTLISTED Harsha Engineers International Limited Equity 2023-04-01 2024-03-31 2024-05-16 2024-05-10 INR Lakhs Yearly 11:30:00 13:30:00 2024-05-16 2024-05-16 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2024-01-01 2024-03-31 Audited Consolidated 3804000000.00 77500000.00 3881500000.00 2186300000.00 0.00 -59700000.00 428700000.00 28300000.00 99800000.00 703300000.00 3386700000.00 494800000.00 0.00 494800000.00 109200000.00 17800000.00 127000000.00 0.00 367800000.00 0.00 0.00 0.00 0.00 367800000.00 14800000.00 382600000.00 0.00 0.00 910400000.00 10 4.04 4.04 0.00 0.00 4.04 4.04 KPI Revenue 38040 1, 39, 230 EBITDA 6,229 20,084 EBITDA margins 16.37 % 14.43% PAT 3,678 11,143 PAT margin3 9.67% 8.00% Return on Average Equity 4 9.91% Notes 1 The above audited CFS for the quarter and year ended 31 03 2024 have been reviewed by the AC and subsequently approved by the BOD in their respective meetings held on 16 05 2024. The statutory auditors have expressed an unmodified opinion. 2 The audited CFS are prepared in accordance with the IAS 34 IFR as prescribed under Sec 133 of the CA 2013, read with Rule 3 of the Companies (IAS) Rules, 2015 and Companies (IAS) (Amendment Rules), 2016. 3 Figures of the quarter ended 31 03 2024 and 31 03 2023 are the balancing figures between audited figures in respect of the full FY and year to date figures up to the third quarter of the relevant fy. Also the figures up to the end of third quarter had only been reviewed and not subject to audit. 4 The audited CFS comprise of the results / financial information of the HC, i.e., HEIL, its subsidiaries namely - Harsha Precision Bearing Components (China) Co. Ltd. -China, Harsha Engineers Europe SRL-Romania, HEAL and its JV - CHS LLP, SGEOPL-Associate (till date 25 January 2024 5 Figures for the previous periods have been regrouped, reclassified and restated whereever necessary to make them comparable with the current period's figures. 6 M/s HASPL Americas Corporation, WOS of the Company has been terminated in accordance with applicable laws, as per certificate issued by State Corporation Commission, Virginia on 29/02/2024. The necessary accounting treatment has been given accordingly in these financials. 7 The Company has transferred equity investment of 32,97,050 shares representing 25.9999% of SGEOPL , Associates of the Company to the Sunstream Green Energy Pvt. Ltd at Rs 10/- per share in accordance with Agreement for Sale of Shares dated 25 01 2024 (SPA) . The necessary accounting treatment has been given accordingly in these financials. 8. HEAL, a WOS of the Company, has commenced commercial production at its lease site in 4th quarter of financial year 2023-24. 9 IPO Fund utilization status report as on 31 03 2024. (Rs. In lakhs) Particulars Amount Total IPO Proceeds 45,500 Less: IPO Expenses (2,560) Net Proceeds as per Prospectus 42,940 Particulars Amount as proposed in the Offer Document Amount Utilised Amount 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 4693 3102 of machinery 3. Infrastructure repairs 712 666 46 and renovation of our existing production facilities including office premises in India 4. General corporate purposes* 7433 7433 - Total 42,940 39792 3148 Multi segment 2023-04-01 2024-03-31 Audited Consolidated 13923000000.00 294900000.00 14217900000.00 7790500000.00 0.00 -18100000.00 1690500000.00 107700000.00 393200000.00 2746600000.00 12710400000.00 1507500000.00 0.00 1507500000.00 379700000.00 13500000.00 393200000.00 0.00 1114300000.00 0.00 0.00 0.00 0.00 1114300000.00 40000000.00 1154300000.00 0.00 0.00 910400000.00 10 10842400000.00 12.24 12.24 0.00 0.00 12.24 12.24 Other Expenses 703300000.00 Other Expenses 2746600000.00 3449900000.00 151500000.00 717500000.00 10300000.00 380100000.00 1100000.00 87500000.00 468700000.00 232300000.00 5030200000.00 3536600000.00 1960700000.00 3189300000.00 150000000.00 1066100000.00 393600000.00 20600000.00 6780300000.00 318900000.00 10635800000.00 15666000000.00 910400000.00 10842400000.00 11752800000.00 11752800000.00 62600000.00 38100000.00 100700000.00 85900000.00 76500000.00 0.00 263100000.00 1704100000.00 1329300000.00 414900000.00 3448300000.00 163000000.00 25000000.00 13800000.00 3650100000.00 3913200000.00 15666000000.00 Engineering & Others 3206300000.00 Solar-EPC and O&M 597700000.00 Engineering & Others 12268400000.00 Solar-EPC and O&M 1654600000.00 3804000000.00 13923000000.00 3804000000.00 13923000000.00 Engineering & Others 479900000.00 Solar-EPC and O&M 14900000.00 Engineering & Others 1490800000.00 Solar-EPC and O&M 16700000.00 494800000.00 1507500000.00 494800000.00 1507500000.00 Engineering & Others 14192000000.00 Solar-EPC and O&M 1001700000.00 15193700000.00 Engineering & Others 2778200000.00 Solar-EPC and O&M 1026700000.00 3804900000.00 107700000.00 232200000.00 -387200000.00 0.00 -65500000.00 -38800000.00 0.00 0.00 0.00 155000000.00 0.00 -10600000.00 0.00 393200000.00 0.00 32000000.00 0.00 71100000.00 0.00 0.00 0.00 148400000.00 0.00 -112400000.00 0.00 0.00 0.00 -9100000.00 -2900000.00 216300000.00 1723800000.00 0.00 0.00 0.00 365900000.00 0.00 1357900000.00 0.00 0.00 0.00 0.00 0.00 0.00 2900000.00 0.00 4800000.00 745300000.00 0.00 851200000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -137600000.00 0.00 0.00 0.00 148400000.00 0.00 0.00 0.00 -1578000000.00 0.00 0.00 -200000.00 0.00 0.00 0.00 0.00 0.00 12800000.00 68000000.00 0.00 0.00 91100000.00 107700000.00 0.00 -100000.00 -254300000.00 -474400000.00 0.00 -474400000.00 624400000.00 150000000.00 Remeasurement of post-employment benefit obligations -6100000.00 Remeasurement of post-employment benefit obligations -6900000.00 -6100000.00 -6900000.00 -1500000.00 -1700000.00 Gains / (Loss) of Cashflow Hedge 25900000.00 Gains / (Loss) of Cashflow Hedge 60400000.00 25900000.00 60400000.00 6500000.00 15200000.00