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Engineers International LimitedMain BoardEquity2025-04-012026-03-312025-11-062025-10-24INRLakhsQuarterlySecond quarterMulti segment2025-11-0611:30:002025-11-0613:00:00trueCash Flow IndirectNot applicabletruetrueNANAfalsetrue2025-11-06https://harshaengineers.com/InvestorRelations/pdffiles/Policy%20on%20dealing%20with%20related%20party%20transactions_new.pdf#toolbar=0true1falseno such events happend during the quarter2025-07-012025-09-30UnauditedStandalone2787600000102300000288990000014361000000-48900000341500000530000075900000556000000236590000052400000005240000001196000001410000013370000003903000000000390300000-27000000363300000910400000104.294.29004.294.29(1) The above unaudited standalone financial results for the quarter and half year ended 30 September 2025 have been reviewed by the Audit Committee and subsequently approved by the Board of Directors in their respective meetings held on 6 November 2025. The statutory auditors have expressed an unmodified opinion. <BR> (2)The unaudited standalone 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)In the previous year, Rs. 1,999 lakhs of Bad Debts Write Off / Net Sundry Balances write off are mainly pertains to Solar-EPC and O&M Segment. <BR> (4)In the previous year, Exceptional Item of Rs. 9,501 lakhs pertains to Impairment in carrying value of Investment based on Fair Valuation Report of wholly owned subsidiary, Harsha Engineers Europe SRL-Romania. <BR> (5)Figures for the previous periods have been regrouped, reclassified and restated whereever necessary to make them comparable with the current period's figures <BR> (6)IPO Fund utilization status report as on 30 09 2025. <BR> (Rs. In lakhs) <BR> Particulars Amount <BR> Total IPO Proceeds 45,500 <BR> Less: IPO Expenses (2,560) <BR> Net Proceeds as per Prospectus 42,940 <BR> <BR> Particulars Amount as proposed <BR> in the Offer Document Amount Utilised Amount <BR> Unutilized <BR> <BR> <BR> <BR> 1. Pre-payment 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 7795 - <BR> of machinery <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 42940 - <BR> 2025-04-012025-09-30UnauditedStandalone5500400000222600000572300000028364000000-12920000068030000011900000149400000107480000046236000001099400000010994000002512000002880000028000000008194000000000819400000-7450000074490000091040000010990099Other Expenses555900000Bad Debts Write Off / Net Sundry Balances write off (Refer Note 3)100000Other Expenses1074600000Bad Debts Write Off / Net Sundry Balances write off (Refer Note 3)2000002803400000839000000150000038140000002160000001045000004134500000355000001562000007215000000291540000022767000002600000000947000006000003280000052600000505740000026400000082368000001545180000091040000012437700000133481000001334810000010100000535000006360000011640000020060000010000038070000017700000074200000758200000832400000543300000155270000011130000024600000344000001723000000210370000015451800000Engineering & Others2635400000Solar-EPC and O&M152200000Engineering & Others5183600000Solar-EPC and O&M3168000002787600000550040000027876000005500400000Engineering & Others514500000Solar-EPC and O&M9500000Engineering & Others1081800000Solar-EPC and O&M1760000052400000010994000005240000001099400000Engineering & Others14710100000Solar-EPC and O&M74170000015451800000015451800000Engineering & Others1245900000Solar-EPC and O&M857800000210370000002103700000Segment Operating Results EBITDA <BR> Quarter <BR> 30 09 2025 <BR> a Engineering & others 5952 <BR> b Solar EPC & O&M 100 <BR> Total Operating Results EBITDA 6052 <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 Unaudited Financial Statements for the Quarter Ended September 30 202511900000-200000000-1635000000-144400000-5000000000-3424000000-1910000001494000000-585000000255400000000534000000-81500000000-800000-3800000-6557000004437000000002168000000226900000000000001670000016320000021200000000000000000820000000005340000003800000-7630000000000000038700000083600000119000000100000-134100000165000000165000007820000094700000Remeasurement of post-employment benefit obligations-2900000-2900000Remeasurement of post-employment benefit obligations-5800000-5800000-800000-1500000Gains / (Loss) of Cashflow Hedge-33300000-33300000Gains / (Loss) of Cashflow Hedge-93800000-93800000-8400000-23600000-27000000-74500000Harsha Engineers International Limited******Harsha Precision Bearing Components (China) Co., Limited******Wholly-owned subsidiarySale of goods or servicesApproved314400008774600083823000Harsha Engineers International Limited******Harsha Precision Bearing Components (China) Co., Limited******Wholly-owned subsidiaryAny other transactionReimbursement of SBLC ChargesApproved4390002992000439000Harsha Engineers International Limited******Harsha Engineers Europe SRL******Wholly-owned subsidiarySale of goods or servicesApproved298400044510008309000Harsha Engineers International Limited******Harsha Engineers Europe SRL******Wholly-owned subsidiaryAny other transactionReimbursement of SBLC ChargesApproved365000033990006017000Harsha Engineers International Limited******Harsha Engineers Advantek Limited******Wholly-owned subsidiaryInvestmentApproved20000000013000000001500000000Investment0.0620 yearsUnsecuredBusiness PurposeCompany have invested in 6% Optionally Convertible Non-Cumulative Redeemable Preference Shares of its Wholly-owned subsidiary.Harsha Engineers International Limited******Cleanmax Harsha Solar LLP******Joint VentureAny other transactionWithdrawal and/or Payment in Partner's Current Capital Account10000000Approved-8000005447200053672000Harsha Engineers International Limited******Cleanmax Harsha Solar LLP******Joint VentureAny other transactionShare in Profit / Loss Account10000000Approved380500024130006218000Harsha Engineers International Limited******Harsha Precision Bearing Components (China) Co., Limited******Wholly-owned subsidiaryAny other transactionInterest IncomeApproved4116000217590006029000Harsha Engineers International Limited******Harsha Engineers Advantek Limited******Wholly-owned subsidiaryInter-corporate depositApproved5200000000Inter-corporate deposit8.51UnsecuredBusiness PurposeHarsha Engineers International Limited******Harsha Engineers Advantek Limited******Wholly-owned subsidiaryAny other transactionInter-corporate Deposit Received BackApproved5200000000Harsha Engineers International Limited******Harsha Engineers Advantek Limited******Wholly-owned subsidiaryInterest receivedApproved44400000Harsha Engineers International Limited******Harsha Engineers Advantek Limited******Wholly-owned subsidiarySale of fixed assetsApproved1723800000Harsha Engineers International Limited******Harsha Engineers Advantek Limited******Wholly-owned subsidiarySale of goods or servicesApproved7358000077000Harsha Engineers International Limited******Harsha Engineers Advantek Limited******Wholly-owned subsidiaryAny other transactionOutstanding Balance in Other ReceivableApproved027650000Harsha Engineers International Limited******Rajendra Shah******DirectorRemunerationApproved21180003240000283000Harsha Engineers International Limited******Harish Rangwala******DirectorRemunerationApproved21180007132000284000Harsha Engineers International Limited******Vishal Rangwala******DirectorRemunerationApproved385000013355000274000Harsha Engineers International Limited******Pilak Shah******DirectorRemunerationApproved385000012846000412000Harsha Engineers International Limited******Hetal Naik******DirectorRemunerationApproved22800004721000247000Harsha Engineers International Limited******Rajendra Shah******DirectorSale of goods or servicesApproved2740000274000Harsha Engineers International Limited******Vishal Rangwala******DirectorSale of goods or servicesApproved10100000Harsha Engineers International Limited******Kiran Mohanty******Key Managerial PersonnelAny other transactionLoan Received BackApproved8000100003000Harsha Engineers International Limited******Kiran Mohanty******Key Managerial PersonnelInterest receivedApproved000Harsha Engineers International Limited******Manish Naik******Relative of DirectorPurchase of goods or servicesApproved75400000Harsha Engineers International Limited******Crest Creative Unit******Enterprise on which Directors and KMP have significant influence and controlPurchase of goods or services2500000Approved1108000064000Harsha Engineers International Limited******Harsha Engineers International Limited Group Gratuity Trust******Enterprise on which Directors and KMP have significant influence and controlAny other transactionContributionApproved100000Harsha Engineers International Limited******AIA Engineering Limited******Enterprise on which Directors and KMP have significant influence and controlSale of goods or services350000000Approved1460150002006400011019000Harsha Engineers International Limited******Ecological Services INC******Promoter GroupPurchase of goods or services10000000Approved131900012820000Harsha Engineers International Limited******Vidhya Sharma******Relative of Director of SubsidiaryPurchase of goods or servicesApproved2700004400045000Harsha Engineers International Limited******Goldi Harsha Ventures LLP******Enterprise on which Directors and KMP have significant influence and controlSale of goods or services10000000Approved421900029500003019000Harsha Engineers International Limited******Harsha Precision Bearing Components (China) Co., Limited******Wholly-owned subsidiaryAny other transactionOutstanding Balance in Other PayablesApproved0726000726000Harsha Engineers International Limited******Harsha Precision Bearing Components (China) Co., Limited******Wholly-owned subsidiaryAny other transactionOutstanding Balance in Loans & Advance ReceivableApproved0206848000214877000Harsha Engineers International Limited******Rajendra Shah******DirectorDividend paidApproved1191900000Harsha Engineers International Limited******Harish Rangwala******DirectorDividend paidApproved1120600000Harsha Engineers International Limited******Vishal Rangwala******DirectorDividend paidApproved777000000Harsha Engineers International Limited******Pilak Shah******DirectorDividend paidApproved728800000Harsha Engineers International Limited******Hetal Naik******DirectorDividend paidApproved339600000Harsha Engineers International Limited******Maulik Jasani******Key Managerial PersonnelDividend paidApproved200000Harsha Engineers International Limited******Kiran Mohanty******Key Managerial PersonnelDividend paidApproved000Harsha Engineers International Limited******Ramakrishnan Kasinathan******DirectorDividend paidApproved100000Harsha Engineers International Limited******Charusheela Rangwala******Relative of DirectorDividend paidApproved1044700000Harsha Engineers International Limited******Tanvi Rangwala******Relative of DirectorDividend paidApproved454000000Harsha Engineers International Limited******Nirmala Shah******Relative of DirectorDividend paidApproved612800000Harsha Engineers International Limited******Vaishali Shah******Relative of DirectorDividend paidApproved192500000Harsha Engineers International Limited******Suresh Jasani******Relative of Key Managerial PersonnelDividend paidApproved000Harsha Engineers International Limited******Saurin Jasani******Relative of Key Managerial PersonnelDividend paidApproved000Harsha Engineers International Limited******Mili Mehta Family Trust******Promoter GroupDividend paidApproved339600000Harsha Engineers International Limited******Vishal Rangwala Family Trust******Promoter GroupDividend paidApproved4000000Harsha Engineers International Limited******Munjal Rangwala Family Trust******Promoter GroupDividend paidApproved5300000Harsha Engineers International Limited******Pilak Shah Family Trust******Promoter GroupDividend paidApproved000Harsha Engineers International Limited******Hetal Ukani Family Trust******Promoter GroupDividend paidApproved000Harsha Engineers International Limited******Rameshbhai Shah******Promoter GroupDividend paidApproved000Harsha Engineers International Limited******Jyotsna Shah******Promoter GroupDividend paidApproved000611070000Public Issues2022-09-2645500000002025-09-30trueCARE Ratings LimitedfalseNot ApplicableNo CommentsNo CommentsKiran MohantyCompany Secretary and Compliance OfficerAhemdabad2025-11-06Pre-payment or scheduled repayment of a portion of the existing borrowing availed by the CompanyNA2700000000027000000000No Deviation from Object <br></br> Funding capital expenditure requirements towards purchase of machineryNA77950000007795000000No Deviation from Object <br></br> Infrastructure repairs and renovation of our existing production facilities including office premises in IndiaNA712000000712000000No Deviation from Object <br></br> General corporate purposesNA74330000007433000000No Deviation from Object <br></br>