WINDMACHIN2024-07-012024-09-30 WINDMACHIN2024-07-012024-09-30 WINDMACHIN2024-07-012024-09-30in-bse-fin:OneOperatingExpenses01Member WINDMACHIN2024-07-012024-09-30in-bse-fin:FourOperatingExpenses01Member WINDMACHIN2024-09-30 WINDMACHIN2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue01Member WINDMACHIN2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue02Member WINDMACHIN2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue01Member WINDMACHIN2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue02Member WINDMACHIN2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults01Member WINDMACHIN2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults02Member WINDMACHIN2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults01Member WINDMACHIN2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults02Member WINDMACHIN2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets01Member WINDMACHIN2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets02Member WINDMACHIN2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities01Member WINDMACHIN2024-09-30in-bse-fin:OneReportableSegmentLiabilities01Member WINDMACHIN2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities02Member WINDMACHIN2024-09-30in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 522029 WINDMACHIN NOTLISTED Windsor Machines Limited Equity 2024-04-01 2025-03-31 2024-11-07 2024-10-28 INR Lakhs Half yearly 17:00:00 18:40:00 2024-11-07 2024-11-07 true Cash Flow Indirect Not applicable Multi segment 2024-07-01 2024-09-30 Unaudited Standalone 583818000.00 154000.00 583972000.00 482760000.00 0.00 -139660000.00 115680000.00 13152000.00 42090000.00 80371000.00 594393000.00 -10421000.00 -76981000.00 -87402000.00 152933000.00 -5919000.00 147014000.00 0.00 -234416000.00 0.00 0.00 0.00 0.00 -234416000.00 478000.00 -233938000.00 0.00 0.00 129864000.00 2 -3.61 -3.61 0.00 0.00 -3.61 -3.61 1. The above financial results were reviewed and recommended by the Audit Committee and were approved by the Board of Directors at its meeting held on November 07, 2024. 5. This statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 read with rule 3 of the Companies (Indian Accounting Standard) Rules, 2015 and Companies (Indian Accounting Standard) (Amendment) Rules, 2016. 6. The company had executed the one time settlement (OTS) for inter-corporate loans (ICD) outstanding (net) of Rs. 5880.65 Lakhs given in the earlier years. Under the settlement, the Company has received upfront payment of Rs. 1875.00 Lakhs & balance payment of Rs. 4300.00 Lakhs will be received before 30th June 2025 (including grace period). The Company has waived total non-accrued interest of Rs. 5364.34 Lakhs starting from April 2019 & reversed the provision of Rs. 294.34 Lakhs on account of the receipt of the same under this settlement. 7. The company had also settled interest bearing capital advance under OTS. Under this settlement, the Company has received a total capital advance refund of Rs. 2461.35 as one time payment from the service provider. 8. The Company has repaid the total Term loan of Rs. 1790.57 Lakhs of the financial institution after receipt of funds as per Note No 6 & 7 above. 9. A Share Purchase Agreement (SPA) was executed on June 18, 2024, between Plutus Investments and Holding Private Limited (the Acquirer ) and Castle Equipment Private Limited (the Seller ), the promoter of the Company, under which the Acquirer agreed to purchase the Seller's entire shareholding in the Company, constituting 53.90% of the Company's paid-up capital. As per the terms of the SPA, the Seller, along with Ghodbunder Developers Private Limited, shall cease to be the Promoter of the Company and will relinquish management control in favour of the Acquirer. Consequently, the Seller and Ghodbunder Developers Private Limited (the existing promoter) will be reclassified from promoter or promoter group to public shareholders, in accordance with applicable laws. As a result, Plutus Investments and Holding Private Limited will become the sole promoter of the Company, holding 3,50,00,000 (Three Crore Fifty Lakh) equity shares, representing 53.90% of the Company's shareholding. Multi segment 2024-04-01 2024-09-30 Unaudited Standalone 1375445000.00 5262000.00 1380707000.00 904884000.00 0.00 -34004000.00 233610000.00 25766000.00 83737000.00 193167000.00 1407160000.00 -26453000.00 -76981000.00 -103434000.00 154833000.00 -11221000.00 143612000.00 0.00 -247046000.00 0.00 0.00 0.00 0.00 -247046000.00 -2492000.00 -249538000.00 0.00 0.00 129864000.00 2 -3.80 -3.80 0.00 0.00 -3.80 -3.80 Other Expenses 80371000.00 Other Expenses 193167000.00 3093645000.00 0.00 0.00 0.00 54270000.00 0.00 0.00 0.00 5000.00 0.00 0.00 0.00 5000.00 42318000.00 0.00 3190238000.00 1010367000.00 0.00 195337000.00 41311000.00 7120000.00 430000000.00 174212000.00 847980000.00 0.00 0.00 1858347000.00 0.00 0.00 5048585000.00 129864000.00 2547920000.00 2677784000.00 2677784000.00 79075000.00 0.00 0.00 79075000.00 0.00 628593000.00 0.00 0.00 707668000.00 24169000.00 857415000.00 53575000.00 935159000.00 428385000.00 19494000.00 280095000.00 0.00 1663133000.00 0.00 0.00 2370801000.00 5048585000.00 10. The Board of Directors of the Company, in a meeting held on May 28, 2024, approved the judicial liquidation of Wintal Machines SrL ('Wintal'), a foreign subsidiary of the Company. Subsequently, Wintal's Board also approved the liquidation and the judicial liquidation application will be submitted shortly in accordance with applicable Italian law. The Company has already provided for total Investment & receivables from Wintal in standalone accounts and Wintal losses are duly incorporated in consolidated accounts. 11.RCube Energy Storage Systems Pvt Ltd (RCube), the subsidiary of the Company, has provided for the Capital Work In Progress of Rs. 1922.56 Lakhs during the quarter as the project was abandoned. Consequently, the net worth of Subsidiary has reduced from Rs. 1970.90 Lakhs to Rs. 47.02 Lakhs. Accordingly, the Company has made provision for impairment in investment of RCube for the whole amount invested of Rs. 919.00 Lakhs 12.During the Quarter, The Company has accounted for the following exceptional items of Rs. 769.81 Lakhs: (A) impairment Provision for Investment in RCube Energy Pvt Ltd (Refer Note No. 11) (Refer Note No. 11) Rs. 919.00 Lakhs (B) Less: Reversal of provision on receipt of funds for ICD on OTS (Refer Note No 6) Rs. 294.34 Lakhs (C)’ Add: Past services claim setteled of service provider under OTS (Refer Note No. 7) Rs. 145.15 Lakhs Total Exceptional Items (A-B+C) Rs. 769.81 Lakhs 13.The Assessing Officer (AO) made certain additions to the Income Tax return of Company for AY 11-12 in the past, which Company appealed to CIT (A). CIT (A) cancelled additions made by AO. The Income Tax Department challenged the CIT (A) decision before ITAT which has allowed appeals filed by revenue. Company had filed a Miscellaneous Application (MA) to the ITAT but MA has been rejected. Accordingly, the Company has provided for the Tax liability which works out to be Rs. 1548.33 Lakhs including interest during the quarter. The Company is now seeking expert legal counsel to determine the next course of action. 14.Previous period figures have been restated for prior period adjustments and regrouped/reclassified, wherever necessary, to make them comparable with current period figures. Extrusion Machinery Division 232888000.00 Injection Moulding Machinery 350368000.00 Extrusion Machinery Division 533861000.00 Injection Moulding Machinery 844904000.00 583256000.00 1378765000.00 583256000.00 1378765000.00 Extrusion Machinery Division -155000.00 Injection Moulding Machinery 13028000.00 Extrusion Machinery Division -24632000.00 Injection Moulding Machinery 39913000.00 12873000.00 15281000.00 13152000.00 25766000.00 10142000.00 The segment assets and segment results include the assets and expenses respectively, which are identifiable with each segment and amounts allocated to the respective segments on a reasonable basis. 15968000.00 -10421000.00 -26453000.00 Extrusion Machinery Division 2023423000.00 Injection Moulding Machinery 1256933000.00 3280356000.00 1338230000.00 4618586000.00 Extrusion Machinery Division 761681000.00 Injection Moulding Machinery 630528000.00 1392209000.00 978593000.00 2370802000.00 25766000.00 -153582000.00 52651000.00 0.00 -166281000.00 0.00 0.00 0.00 0.00 -232888000.00 0.00 0.00 329309000.00 83737000.00 0.00 2115000.00 0.00 0.00 0.00 2371000.00 0.00 348000.00 0.00 0.00 0.00 76548000.00 -2492000.00 -3389000.00 0.00 13517000.00 -89917000.00 0.00 0.00 0.00 10000000.00 0.00 -99917000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 13744000.00 174000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 256773000.00 0.00 0.00 0.00 348000.00 0.00 187500000.00 0.00 431051000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 250320000.00 0.00 0.00 27883000.00 25766000.00 0.00 0.00 -303969000.00 27165000.00 14146000.00 41311000.00 0.00 41311000.00 -478000.00 2492000.00 0.00 0.00