5436002024-10-012025-03-315436002025-03-315436002024-03-315436002024-04-012025-03-315436002024-10-012025-03-31in-capmkt:OtherExpenses1Member5436002024-10-012025-03-31in-capmkt:OtherExpenses2Member5436002024-04-012025-03-31in-capmkt:OtherExpenses1Member5436002024-04-012025-03-31in-capmkt:OtherExpenses2Member5436002024-10-012025-03-31in-capmkt:ReportableSegments1Member5436002024-10-012025-03-31in-capmkt:ReportableSegments2Member5436002024-04-012025-03-31in-capmkt:ReportableSegments1Member5436002024-04-012025-03-31in-capmkt:ReportableSegments2Member5436002024-10-012025-03-31in-capmkt:ReportableSegments1Member5436002024-10-012025-03-31in-capmkt:ReportableSegments2Member5436002024-04-012025-03-31in-capmkt:ReportableSegments1Member5436002024-04-012025-03-31in-capmkt:ReportableSegments2Member5436002024-10-012025-03-31in-capmkt:ReportableSegments1Member5436002025-03-31in-capmkt:ReportableSegments1Member5436002024-10-012025-03-31in-capmkt:ReportableSegments2Member5436002025-03-31in-capmkt:ReportableSegments2Member5436002024-10-012025-03-31in-capmkt:ReportableSegments1Member5436002025-03-31in-capmkt:ReportableSegments1Member5436002024-10-012025-03-31in-capmkt:ReportableSegments2Member5436002025-03-31in-capmkt:ReportableSegments2Member5436002024-10-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15436002024-04-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15436002024-10-012025-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15436002024-04-012025-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15436002024-10-012025-03-31AuditorDomain1iso4217:INRiso4217:INRxbrli:shares543600HARSHANOTLISTEDINE0JUS01029Harsha Engineers International LimitedMain BoardEquity2024-04-012025-03-312025-05-082025-05-01INRLakhsHalf YearlyYearlyMulti segment2025-05-0811:30:002025-05-0813:00:00trueCash Flow IndirectDeclaration of unmodified opinion2024-10-012025-03-31AuditedConsolidated372970000011030000038400000001886900000013110000045590000014600000986000009042000003491300000348700000-276800000719000007690000018900000958000000-239000000000-23900000-11900000-3580000091040000010-0.26-0.2600-0.26-0.26 <BR> Qtr Ended Year Ended <BR> KPI 31 03 2025 31 03 2025 <BR> <BR> Revenue 37297 140765 <BR> EBITDA 1851 18499 <BR> EBITDA margins 4.96 13.14 <BR> PAT 239 8931 <BR> PAT margin 0.64 6.34 <BR> Return on Average Equity 7.35 <BR> Notes <BR> 1 The above audited consolidated financial results for the quarter and year ended 31 March 2025 have been reviewed by the Audit Committee and subsequently approved by the Board of Directors in their respective meetings held on 8 May 2025 The statutory auditors have expressed an unmodified opinion <BR> 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 <BR> 3 Figures of the quarter ended 31 March 2025 and 31 March 2024 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 <BR> 4 The audited 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 Harsha Engineers Europe SRLRomania Harsha Engineers Advantek Limited and its Joint Venture namely Cleanmax Harsha Solar LLP <BR> 5 In the current quarter Rs 1999 lakhs of Bad Debts Write Off Net Sundry Balances write off are mainly pertains to SolarEPC and O&M Segment <BR> 6 In the current quarter Exceptional Item of Rs 2768 lakhs pertains to Impairment in carrying value of Goodwill on Consolidation based on Fair Valuation Report of Harsha Engineers Europe SRL-Romania <BR> 7 Figures for the previous periods have been regrouped, reclassified and restated whereever necessary to make them comparable with the current period's figures <BR> 8 IPO Fund utilization status report as on 31 03 2025 <BR> Rs. In lakhs <BR> Particulars Amount <BR> Total IPO Proceeds 45500 <BR> Less IPO Expenses 2560 <BR> Net Proceeds as per Prospectus 42940 <BR> <BR> Particulars Amount as proposed <BR> in the Offer Document Amount Utilised Amount <BR> Unutilized <BR> <BR> <BR> <BR> 1Prepayment or scheduled repayment 27000 27000 <BR> of a portion of the existing borrowing <BR> availed by the Company <BR> <BR> 2 Funding capital expenditure <BR> requirements towards purchase 7795 6822 973 <BR> of machinery <BR> <BR> <BR> 3 Infrastructure repairs 712 712 <BR> and renovation of our existing <BR> production facilities including office <BR> premises in India <BR> <BR> 4 General corporate purpose 7433 7433 <BR> <BR> Total 42940 41967 973 <BR> <BR> <BR> 2024-04-012025-03-31AuditedConsolidated140765000003773000001445380000072883000000985000001815500000877000004054000003124800000128202000001633600000-27680000013568000004120000005170000046370000008931000000000893100000-2290000087020000091040000010116310000009.819.81009.819.81Other Expenses704300000Bad Debts Write Off Net Sundry Balance Write off199900000Other Expenses2918800000Bad Debts Write Off Net Sundry Balance Write off206000000369100000016140000004407000007600000631400000120000020300000652900000308000003939000006830900000333860000024210000003019800000154600000607200000167500000337000006403800000337300000100797000001691060000091040000011631000000125414000001254140000094820000054100000100230000010050000012400000001226800000103690000085300000138200000014673000004342000002938400000178900000251000003142400000436920000016910600000Engineering & Others3303200000Solar EPC and O & M426500000Engineering & Others12688500000Solar EPC and O & M1388000000372970000014076500000372970000014076500000Engineering & Others271900000Solar EPC and O & M-200000000Engineering & Others1502800000Solar EPC and O & M-146000000719000001356800000719000001356800000Engineering & Others16076300000Solar EPC and O & M82530000016901600000016901600000Engineering & Others3413900000Solar EPC and O & M9553000004369200000043692000001. Segment Operating Results EBITDA <BR> Quarter Year <BR> 31032025 31032025 <BR> a Engineering & others 3834 19914 <BR> b Solar EPC & O&M 1983 415 <BR> Total Operating Results EBITDA 1851 18499 <BR> <BR> EBITDA Total Profit Before Finance Cost Tax Depreciation & Amortisartion <BR> <BR> <BR> 2 We have mentioned Profit before tax PBT under Point no 2 Segment Result Profit Loss before tax and interest from each segment of this section to make it aligned with our disclosure in the Signed Audited Financial Statements for the Quarter and Year Ended March 31 202587700000198000000-882000000846000003640000000013800000001590000004054000000-262000000158000000001315000000-146100000000531700000-29000001118600000247540000000041200000002063400000000000007300000209340000034000000000000000000-16960000000013150000002900000-211790000000000000920600000682700000091100000877000000059100000460000004600000150000000154600000Remeasurement of post-employment benefit obligations-6500000-6500000Remeasurement of post-employment benefit obligations-11700000-11700000-1600000-2900000Gains / (Loss) of Cashflow Hedge-9400000-9400000Gains / (Loss) of Cashflow Hedge-18900000-18900000-2400000-4800000-11900000-22900000AuditedtrueM/s Pankaj R Shah & Associatestrue2027-10-31