BGRENERGY2024-07-012024-09-30 BGRENERGY2024-07-012024-09-30 BGRENERGY2024-07-012024-09-30in-bse-fin:OneOperatingExpenses01Member BGRENERGY2024-07-012024-09-30in-bse-fin:OneOperatingExpenses02Member BGRENERGY2024-07-012024-09-30in-bse-fin:OneOperatingExpenses03Member BGRENERGY2024-07-012024-09-30in-bse-fin:FourOperatingExpenses01Member BGRENERGY2024-07-012024-09-30in-bse-fin:FourOperatingExpenses02Member BGRENERGY2024-07-012024-09-30in-bse-fin:FourOperatingExpenses03Member BGRENERGY2024-09-30 BGRENERGY2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue01Member BGRENERGY2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue02Member BGRENERGY2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue03Member BGRENERGY2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue01Member BGRENERGY2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue02Member BGRENERGY2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue03Member BGRENERGY2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults01Member BGRENERGY2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults02Member BGRENERGY2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults03Member BGRENERGY2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults01Member BGRENERGY2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults02Member BGRENERGY2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults03Member BGRENERGY2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets01Member BGRENERGY2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets02Member BGRENERGY2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets03Member BGRENERGY2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities01Member BGRENERGY2024-09-30in-bse-fin:OneReportableSegmentLiabilities01Member BGRENERGY2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities02Member BGRENERGY2024-09-30in-bse-fin:OneReportableSegmentLiabilities02Member BGRENERGY2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities03Member BGRENERGY2024-09-30in-bse-fin:OneReportableSegmentLiabilities03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532930 BGRENERGY NOTLISTED BGR Energy Systems Limited Equity 2024-04-01 2025-03-31 2024-11-13 2024-11-06 INR Lakhs Half yearly 16:30:00 19:00:00 2024-11-13 2024-11-13 true Cash Flow Indirect Not applicable Multi segment 2024-07-01 2024-09-30 Unaudited Consolidated 825400000.00 52000000.00 877400000.00 1179200000.00 0.00 0.00 126700000.00 1217500000.00 28000000.00 207500000.00 2758900000.00 -1881500000.00 -46400000.00 -1927900000.00 0.00 0.00 0.00 0.00 -1927900000.00 0.00 0.00 0.00 0.00 -1927900000.00 -500000.00 -1928400000.00 -1925300000.00 -2600000.00 -1925800000.00 -2600000.00 721600000.00 10 -26.68 -26.68 0.00 0.00 -26.68 -26.68 Notes: 1. The above results were reviewed by the Audit Committee and approved by the Board of Directors at the respective meetings held on November 13, 2024. 2. The financial results for the quarter and half year ended September 30, 2024 of the company on consolidation basis have been subjected to a Limited Review by the Statutory Auditors of the Company. 3. The consolidated unaudited financial results includes the interim financial information of three subsidiaries and one joint venture, which have not been reviewed by their auditors and are considered based on accounts certified by their respective management. 4. The financial statements of the subsidiaries namely, BGR Boilers Private Limited for the year ended 31.03.2022, 31.03.2023 and 31.03.2024, BGR Turbines Company Private Limited for the year ended 31.03.2023 and 31.03.2024 and Sravanaa properties for the year ended 31.03.2024 are yet to be audited as on 30.06.2024. The audit of financial statement of BGR Boilers privated limited for 2021-22 is completed in Jul'24. 5. These Consolidated Financial results have been prepared in accordance with the recognition and measurement principles laid down in the Ind AS 34 Interim Financial Reporting prescribed under section 133 of the Companies Act, 2013. The Interim Consolidated Financial results are prepared and presented in accordance with the significant accounting policies and methods, as adopted in the audited consolidated financial statements for the year ended 31st March 2024. 6. The figures for the quarter ended March 31, 2024 are the balancing figures between audited figures in respect of the full previous financial year and the published (regrouped) year-to-date figures up to the third quarter of the relevant financial year. 7. During the year, some of the contracts have been terminated by the customers resulting in shortclosure of contract value to the extent of Rs.31991 lakhs. 8. The Company has paid Rs.9 lakhs to SEBI as penalty for Secretarial audit violations. 9. Canara Bank and Central bank of India have filed case before NCLT Amaravathi branch in Oct'24 for their outstanding Loan. 10. Exceptional items of Rs.464 Lakhs consist of loss of non moving inventories of Rs.465 lakhs and claim receipt from insurance Rs.0.9 Lakhs towards cyclone. 11. We have received an arbitrational award order in case of TRN Energy in our favour for refund/release of BG and retention amount of Rs.17543 lakhs after adjustment of payment made to sub contractors of Rs.1702 lakhs by the customer.We have outstanding trade payables of about Rs.2045 lakhs against this project. Due to pending reconciliation of outstanding creditors payable by us, the provision has not been created during the quarter. 12. Bank guarantees encashed by clients amounting to Rs.134421 lakhs during the financial year and the Company is in the process of initiating arbitration proceedings. 13. During the financial year,one more bank has classified the account as NPA in addition to the 9 banks already classified the account as NPA in the preceeding year. 14. The promoters have Infused funds in the form of Unsecured loan. The Company is taking efforts for debt restructuring and infusion of strategic investor. The Company is making all efforts of implementing a restructuring plan and therefore the accounts of the Company has been prepared on Going concern basis . 15. The figures for the previous period have been regrouped/rearranged wherever necessary to conform to the current period's classification. Multi segment 2024-04-01 2024-09-30 Unaudited Consolidated 2563600000.00 218300000.00 2781900000.00 2564600000.00 0.00 0.00 277300000.00 2439100000.00 57800000.00 441400000.00 5780200000.00 -2998300000.00 -46400000.00 -3044700000.00 0.00 0.00 0.00 0.00 -3044700000.00 0.00 0.00 0.00 0.00 -3044700000.00 2300000.00 -3042400000.00 -3059900000.00 15200000.00 -3057600000.00 15200000.00 721600000.00 10 -42.40 -42.40 0.00 0.00 -42.40 -42.40 Cost of Manufacturing and Construction 158000000.00 Other Direct Cost 3800000.00 Other Expenses 45700000.00 Cost of Manufacturing and Construction 268800000.00 Other Direct Cost 19200000.00 Other Expenses 153400000.00 -307500000.00 2898300000.00 800000.00 20000000.00 0.00 6200000.00 0.00 0.00 0.00 22700000.00 1259600000.00 328000000.00 1700000.00 1612000000.00 0.00 0.00 4537300000.00 254200000.00 0.00 6669700000.00 419900000.00 205700000.00 4435400000.00 28600000.00 11759300000.00 0.00 31250600000.00 43264100000.00 0.00 0.00 47801400000.00 721600000.00 -10087400000.00 -9365800000.00 -9673300000.00 4331800000.00 902400000.00 22300000.00 5256500000.00 887100000.00 0.00 0.00 0.00 6143600000.00 28017100000.00 11886200000.00 7575700000.00 47479000000.00 3738800000.00 113300000.00 0.00 0.00 51331100000.00 0.00 0.00 57474700000.00 47801400000.00 Notes: 1. The above results were reviewed by the Audit Committee and approved by the Board of Directors at the respective meetings held on November 13, 2024. 2. The financial results for the quarter and half year ended September 30, 2024 of the company on consolidation basis have been subjected to a Limited Review by the Statutory Auditors of the Company. 3. The consolidated unaudited financial results includes the interim financial information of three subsidiaries and one joint venture, which have not been reviewed by their auditors and are considered based on accounts certified by their respective management. 4. The financial statements of the subsidiaries namely, BGR Boilers Private Limited for the year ended 31.03.2022, 31.03.2023 and 31.03.2024, BGR Turbines Company Private Limited for the year ended 31.03.2023 and 31.03.2024 and Sravanaa properties for the year ended 31.03.2024 are yet to be audited as on 30.06.2024. The audit of financial statement of BGR Boilers privated limited for 2021-22 is completed in Jul'24. 5. These Consolidated Financial results have been prepared in accordance with the recognition and measurement principles laid down in the Ind AS 34 Interim Financial Reporting prescribed under section 133 of the Companies Act, 2013. The Interim Consolidated Financial results are prepared and presented in accordance with the significant accounting policies and methods, as adopted in the audited consolidated financial statements for the year ended 31st March 2024. 6. The figures for the quarter ended March 31, 2024 are the balancing figures between audited figures in respect of the full previous financial year and the published (regrouped) year-to-date figures up to the third quarter of the relevant financial year. 7. During the year, some of the contracts have been terminated by the customers resulting in shortclosure of contract value to the extent of Rs.31991 lakhs. 8. The Company has paid Rs.9 lakhs to SEBI as penalty for Secretarial audit violations. 9. Canara Bank and Central bank of India have filed case before NCLT Amaravathi branch in Oct'24 for their outstanding Loan. 10. Exceptional items of Rs.464 Lakhs consist of loss of non moving inventories of Rs.465 lakhs and claim receipt from insurance Rs.0.9 Lakhs towards cyclone. 11. We have received an arbitrational award order in case of TRN Energy in our favour for refund/release of BG and retention amount of Rs.17543 lakhs after adjustment of payment made to sub contractors of Rs.1702 lakhs by the customer.We have outstanding trade payables of about Rs.2045 lakhs against this project. Due to pending reconciliation of outstanding creditors payable by us, the provision has not been created during the quarter. 12. Bank guarantees encashed by clients amounting to Rs.134421 lakhs during the financial year and the Company is in the process of initiating arbitration proceedings. 13. During the financial year,one more bank has classified the account as NPA in addition to the 9 banks already classified the account as NPA in the preceeding year. 14. The promoters have Infused funds in the form of Unsecured loan. The Company is taking efforts for debt restructuring and infusion of strategic investor. The Company is making all efforts of implementing a restructuring plan and therefore the accounts of the Company has been prepared on Going concern basis . 15. The figures for the previous period have been regrouped/rearranged wherever necessary to conform to the current period's classification. Capital goods 307500000.00 Construction and EPC contracts 517900000.00 Unallocated 0.00 Capital goods 536800000.00 Construction and EPC contracts 2026800000.00 Unallocated 0.00 825400000.00 2563600000.00 0.00 0.00 825400000.00 2563600000.00 Capital goods 5700000.00 Construction and EPC contracts -739400000.00 Unallocated 23300000.00 Capital goods 7300000.00 Construction and EPC contracts -713100000.00 Unallocated 100200000.00 -710400000.00 -605600000.00 1217500000.00 2439100000.00 0.00 Notes: 1. The above results were reviewed by the Audit Committee and approved by the Board of Directors at the respective meetings held on November 13, 2024. 2. The financial results for the quarter and half year ended September 30, 2024 of the company on consolidation basis have been subjected to a Limited Review by the Statutory Auditors of the Company. 3. The consolidated unaudited financial results includes the interim financial information of three subsidiaries and one joint venture, which have not been reviewed by their auditors and are considered based on accounts certified by their respective management. 4. The financial statements of the subsidiaries namely, BGR Boilers Private Limited for the year ended 31.03.2022, 31.03.2023 and 31.03.2024, BGR Turbines Company Private Limited for the year ended 31.03.2023 and 31.03.2024 and Sravanaa properties for the year ended 31.03.2024 are yet to be audited as on 30.06.2024. The audit of financial statement of BGR Boilers privated limited for 2021-22 is completed in Jul'24. 5. These Consolidated Financial results have been prepared in accordance with the recognition and measurement principles laid down in the Ind AS 34 Interim Financial Reporting prescribed under section 133 of the Companies Act, 2013. The Interim Consolidated Financial results are prepared and presented in accordance with the significant accounting policies and methods, as adopted in the audited consolidated financial statements for the year ended 31st March 2024. 6. The figures for the quarter ended March 31, 2024 are the balancing figures between audited figures in respect of the full previous financial year and the published (regrouped) year-to-date figures up to the third quarter of the relevant financial year. 7. During the year, some of the contracts have been terminated by the customers resulting in shortclosure of contract value to the extent of Rs.31991 lakhs. 8. The Company has paid Rs.9 lakhs to SEBI as penalty for Secretarial audit violations. 9. Canara Bank and Central bank of India have filed case before NCLT Amaravathi branch in Oct'24 for their outstanding Loan. 10. Exceptional items of Rs.464 Lakhs consist of loss of non moving inventories of Rs.465 lakhs and claim receipt from insurance Rs.0.9 Lakhs towards cyclone. 11. We have received an arbitrational award order in case of TRN Energy in our favour for refund/release of BG and retention amount of Rs.17543 lakhs after adjustment of payment made to sub contractors of Rs.1702 lakhs by the customer.We have outstanding trade payables of about Rs.2045 lakhs against this project. Due to pending reconciliation of outstanding creditors payable by us, the provision has not been created during the quarter. 12. Bank guarantees encashed by clients amounting to Rs.134421 lakhs during the financial year and the Company is in the process of initiating arbitration proceedings. 13. During the financial year,one more bank has classified the account as NPA in addition to the 9 banks already classified the account as NPA in the preceeding year. 14. The promoters have Infused funds in the form of Unsecured loan. The Company is taking efforts for debt restructuring and infusion of strategic investor. The Company is making all efforts of implementing a restructuring plan and therefore the accounts of the Company has been prepared on Going concern basis . 15. The figures for the previous period have been regrouped/rearranged wherever necessary to conform to the current period's classification. 0.00 -1927900000.00 -3044700000.00 Capital goods 1322500000.00 Construction and EPC contracts 46120900000.00 Unallocated 358000000.00 47801400000.00 0.00 47801400000.00 Capital goods 4294800000.00 Construction and EPC contracts 48848100000.00 Unallocated 4331800000.00 57474700000.00 0.00 57474700000.00 2439100000.00 179400000.00 -892000000.00 0.00 -3410600000.00 0.00 0.00 0.00 0.00 0.00 -10097100000.00 0.00 0.00 57800000.00 0.00 0.00 12500000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -21500000.00 0.00 0.00 -11732400000.00 -14777100000.00 0.00 0.00 0.00 0.00 0.00 -14777100000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 27300000.00 300000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 27000000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 15709200000.00 0.00 0.00 0.00 0.00 778800000.00 0.00 0.00 14930400000.00 180300000.00 0.00 180300000.00 239600000.00 419900000.00 500000.00 -2300000.00 0.00 0.00