HARSHA2023-01-012023-03-31 HARSHA2023-01-012023-03-31 HARSHA2023-01-012023-03-31in-bse-fin:OneOperatingExpenses01Member HARSHA2023-01-012023-03-31in-bse-fin:FourOperatingExpenses01Member HARSHA2023-03-31 HARSHA2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue01Member HARSHA2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue02Member HARSHA2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue01Member HARSHA2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue02Member HARSHA2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults01Member HARSHA2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults02Member HARSHA2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults01Member HARSHA2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults02Member HARSHA2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets01Member HARSHA2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets02Member HARSHA2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities01Member HARSHA2023-03-31in-bse-fin:OneReportableSegmentLiabilities01Member HARSHA2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities02Member HARSHA2023-03-31in-bse-fin:OneReportableSegmentLiabilities02Member HARSHA2023-01-012023-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member HARSHA2023-01-012023-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member HARSHA2023-01-012023-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member HARSHA2023-01-012023-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543600 HARSHA NOTLISTED Harsha Engineers International Limited Equity 2022-04-01 2023-03-31 2023-05-25 2023-05-17 INR Lakhs Yearly 03:45:00 17:00:00 2023-05-25 2023-05-25 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2023-01-01 2023-03-31 Audited Consolidated 3436900000.00 58200000.00 3495100000.00 1798900000.00 0.00 38000000.00 406700000.00 25600000.00 91500000.00 685300000.00 3046000000.00 449100000.00 0.00 449100000.00 97000000.00 25900000.00 122900000.00 0.00 326200000.00 0.00 0.00 0.00 0.00 326200000.00 23100000.00 349300000.00 0.00 0.00 910400000.00 10 3.58 3.58 0.00 0.00 3.58 3.58 KPI Revenue from operations 34,369 1,36,402 EBITDA1 5,662 21,908 EBITDA margins2 16.47 % 16.06% PAT 3262 12,328 PAT margin3 9.49% 9.04% Return on Average Equity 4 15.40% Notes 1 The above audited consolidated financial results for the quarter and year ended 31 Mar 2023 have been reviewed by the AC and subsequently approved by the BOD in their respective meetings held on 25 May 2023. The statutory auditors have expressed an unmodified opinion 2 The audited consolidated financial results 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 Mar 23 and 31 Mar 22 are the balancing figures between audited figures in respect of the full financial year and year to date figures up to the third quarter of the relevant financial year. Also the figures up to the end of third quarter had only been reviewed and not subject to audit. 4 The audited consolidated financial results comprise of the results / financial information of the Holding Company, i.e., HEIL, its subsidiaries namely - Harsha Precision Bearing Components (China) Co. Ltd. -China, HASPL Americas Corporations - America, Harsha Engineers Europe SRL-Romania, HEAL and its JV/ Associate namely - Cleanmax Harsha Solar LLP, Sunstream Green Energy One Pvt. Ltd 5Figures for the previous periods have been regrouped, reclassified and restated whereever necessary to make them comparable with the current period's figures 6 The Company has completed its IPO of 22,886,595 ES of fv of Rs 10 each at an issue price of Rs 330 aggregating up to 75,500 lakhs comprising through fresh issue of 13,795,695 equity shares aggregating up to 45,500 lakhs and Offer for Sale for 9,090,900 equity shares aggregating up to 30,000 lakhs The Offer was made pursuant to Regulation 6(1) of SEBI ICDR Regulations. The equity shares of the Company were listed on National Stock Exchange of Indian and BSE limited on 26 Sep 22. 7 Harsha Engineers B.V. has been merged with the Company effective from 14th Nov 22 as per the scheme of amalgamation . The necessary accounting treatment has been given, as approved in NCLT order and provided in the Scheme. 8IPO Fund utilization status report as on 31st Mar 23. 9 IPO Fund Utilization status report (Rs. In lakhs) Particulars Amount Total IPO Proceeds 45,500 Less: IPO Exp (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 1708 6087 of machinery 3. Infrastructure repairs 712 425 287 and renovation of our existing production facilities including office premises in India 4. General corporate purposes 7433 7433 - Total 42,940 36566 6374 Multi segment 2022-04-01 2023-03-31 Audited Consolidated 13640200000.00 297900000.00 13938100000.00 7351400000.00 0.00 7300000.00 1561900000.00 158400000.00 361200000.00 2826700000.00 12266900000.00 1671200000.00 0.00 1671200000.00 384600000.00 53800000.00 438400000.00 0.00 1232800000.00 0.00 0.00 0.00 0.00 1232800000.00 -74800000.00 1158000000.00 0.00 0.00 910400000.00 10 9807300000.00 14.59 14.59 0.00 0.00 14.59 14.59 Other Expenses 685300000.00 Other Expenses 2826700000.00 3135900000.00 116200000.00 717500000.00 13300000.00 331400000.00 800000.00 48700000.00 380900000.00 111200000.00 4475000000.00 3768800000.00 1610400000.00 2803700000.00 624400000.00 711500000.00 104500000.00 7900000.00 5862400000.00 345200000.00 9976400000.00 14451400000.00 910400000.00 9807300000.00 10717700000.00 10717700000.00 121700000.00 121700000.00 83500000.00 66300000.00 26800000.00 298300000.00 1700200000.00 1186800000.00 342700000.00 3229700000.00 173600000.00 22300000.00 9800000.00 3435400000.00 3733700000.00 14451400000.00 Engineering & Others 3247700000.00 Solar EPC and O&M 189200000.00 Engineering & Others 12986600000.00 Solar EPC and O&M 653600000.00 3436900000.00 13640200000.00 3436900000.00 13640200000.00 Engineering & Others 448900000.00 Solar EPC and O&M 200000.00 Engineering & Others 1670000000.00 Solar EPC and O&M 1200000.00 449100000.00 1671200000.00 449100000.00 1671200000.00 Engineering & Others 13555800000.00 Solar EPC and O&M 895600000.00 14451400000.00 Engineering & Others 2805300000.00 Solar EPC and O&M 928400000.00 3733700000.00 158400000.00 -11600000.00 52200000.00 0.00 300600000.00 68200000.00 0.00 0.00 0.00 -641100000.00 0.00 -64800000.00 0.00 361200000.00 0.00 -148800000.00 0.00 107600000.00 0.00 0.00 0.00 73900000.00 0.00 -43500000.00 0.00 0.00 0.00 -32000000.00 -2400000.00 30100000.00 1701300000.00 0.00 0.00 0.00 374800000.00 0.00 1326500000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 763900000.00 0.00 2366200000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -24900000.00 0.00 0.00 0.00 73900000.00 0.00 2400000.00 0.00 -3078700000.00 0.00 0.00 4342500000.00 0.00 0.00 0.00 0.00 0.00 0.00 2026700000.00 0.00 0.00 0.00 158400000.00 0.00 5100000.00 2162500000.00 410300000.00 0.00 410300000.00 214100000.00 624400000.00 Remeasurement of Post employment benefit obligations 2700000.00 Remeasurement of Post employment benefit obligations -1200000.00 2700000.00 -1200000.00 700000.00 -300000.00 Gains/(Loss) of Cashflow Hedge 28100000.00 Gains/(Loss) of Cashflow Hedge -98800000.00 28100000.00 -98800000.00 7000000.00 -24900000.00