HARSHA2023-07-012023-09-30 HARSHA2023-07-012023-09-30 HARSHA2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member HARSHA2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member HARSHA2023-09-30 HARSHA2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue01Member HARSHA2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue02Member HARSHA2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue01Member HARSHA2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue02Member HARSHA2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults01Member HARSHA2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults02Member HARSHA2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults01Member HARSHA2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults02Member HARSHA2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets01Member HARSHA2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets02Member HARSHA2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member HARSHA2023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member HARSHA2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member HARSHA2023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member HARSHA2023-07-012023-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member HARSHA2023-07-012023-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member HARSHA2023-07-012023-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member HARSHA2023-07-012023-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543600 HARSHA NOTLISTED Harsha Engineers International Limited Equity 2023-04-01 2024-03-31 2023-11-07 2023-10-30 INR Lakhs Half yearly 11:30:00 13:00:00 2023-11-07 2023-11-07 true Cash Flow Indirect Not applicable Multi segment 2023-07-01 2023-09-30 Unaudited Consolidated 3394900000.00 66500000.00 3461400000.00 1844000000.00 0.00 126600000.00 414600000.00 24800000.00 97600000.00 657300000.00 3164900000.00 296500000.00 0.00 296500000.00 86900000.00 5700000.00 92600000.00 0.00 203900000.00 0.00 0.00 0.00 0.00 203900000.00 22100000.00 226000000.00 0.00 0.00 910400000.00 10 2.24 2.24 0.00 0.00 2.24 2.24 KPI Quarter ended Sep 30, 2023 Half year ended Sep 30, 2023 Revenue from operations 33949 68745 EBITDA1 4189 8771 EBITDA margins2 12.34% 12.76% PAT 2039 4497 PAT margin3 6.01% 6.54% Return on average equity4 8.23% 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) Notes 1 The above unaudited consolidated financial results for the quarter and half year ended 30 September 2023 have been reviewed by the Audit Committee and subsequently approved by the Board of Directors in their respective meetings held on 07 November 2023. 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 3211 4584 of machinery 3. Infrastructure repairs 712 515 197 and renovation of our existing production facilities including office premises in India 4. General corporate purposes 7433 7433 - Total 42,940 38159 4781 Multi segment 2023-04-01 2023-09-30 Unaudited Consolidated 6874500000.00 106500000.00 6981000000.00 3745000000.00 0.00 146800000.00 848700000.00 51000000.00 193200000.00 1363400000.00 6348100000.00 632900000.00 0.00 632900000.00 182100000.00 1100000.00 183200000.00 0.00 449700000.00 0.00 0.00 0.00 0.00 449700000.00 56800000.00 506500000.00 0.00 0.00 910400000.00 10 4.94 4.94 0.00 0.00 4.94 4.94 Other Expenses 657300000.00 Other Expenses 1363400000.00 3369400000.00 142100000.00 717500000.00 10500000.00 422900000.00 800000.00 46300000.00 470000000.00 98600000.00 4808100000.00 3465600000.00 1658200000.00 2889800000.00 617000000.00 1082400000.00 148600000.00 46800000.00 6442800000.00 365700000.00 10274100000.00 15082200000.00 910400000.00 10207300000.00 11117700000.00 11117700000.00 80200000.00 80200000.00 74200000.00 87900000.00 34400000.00 276700000.00 1590700000.00 1222900000.00 594200000.00 3407800000.00 247200000.00 22300000.00 10500000.00 3687800000.00 3964500000.00 15082200000.00 Engineering & Others 2976100000.00 Solar EPC and O&M 418800000.00 Engineering & Others 6285800000.00 Solar EPC and O&M 588700000.00 3394900000.00 6874500000.00 3394900000.00 6874500000.00 Engineering & Others 283800000.00 Solar EPC and O&M 12700000.00 Engineering & Others 651800000.00 Solar EPC and O&M -18900000.00 296500000.00 632900000.00 296500000.00 632900000.00 Engineering & Others 13874200000.00 Solar EPC and O&M 1208000000.00 15082200000.00 Engineering & Others 2710000000.00 Solar EPC and O&M 1254500000.00 3964500000.00 51000000.00 303200000.00 -86700000.00 0.00 -103500000.00 2400000.00 0.00 0.00 0.00 48600000.00 0.00 73600000.00 0.00 193200000.00 0.00 58200000.00 0.00 148000000.00 0.00 0.00 0.00 79900000.00 0.00 -52800000.00 0.00 0.00 0.00 -16000000.00 -400000.00 538900000.00 1171800000.00 0.00 171600000.00 0.00 0.00 0.00 1000200000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 448500000.00 0.00 457400000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 12600000.00 0.00 0.00 0.00 79900000.00 0.00 400000.00 0.00 -813000000.00 0.00 0.00 -200000.00 0.00 0.00 0.00 0.00 0.00 0.00 151000000.00 0.00 0.00 0.00 51000000.00 0.00 7600000.00 -194600000.00 -7400000.00 0.00 -7400000.00 624400000.00 617000000.00 Remeasurement of Post employment benefit obligations -300000.00 Remeasurement of Post employment benefit obligations -600000.00 -300000.00 -600000.00 0.00 -100000.00 Gain/(Loss) of Cashflow Hedge 29800000.00 Gain/(Loss) of Cashflow Hedge 76500000.00 29800000.00 76500000.00 7400000.00 19200000.00