SHIVAUM2025-10-012025-12-31SHIVAUM2025-04-012025-12-31SHIVAUM2025-10-012025-12-31in-capmkt:OtherExpenses1MemberSHIVAUM2025-04-012025-12-31in-capmkt:OtherExpenses1MemberSHIVAUM2025-10-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss1SHIVAUM2025-10-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss2SHIVAUM2025-04-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss1SHIVAUM2025-04-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss2iso4217:INRiso4217:INRxbrli:shares000000SHIVAUMNOTLISTEDINE719F01016Shiv Aum Steels LimitedMain BoardEquity2025-04-012026-03-312026-02-132026-02-10INRLakhsQuarterlyThird quarterSingle segmentTrading of mild steel products2026-02-1317:00:002026-02-1318:00:00Not applicable2025-10-012025-12-31UnauditedConsolidated1815764000397900018197430005036800016151500008841800011415000198360001011000223040001808502000112410000112410002755000-551000220400009037000000090370002413000114500000000136004000100.660.66000.660.661.The above unaudited consolidated financial results for the quarter ended 31st December, 2025 of SHIV AUM STEELS LIMITED (the "Holding Company") along with it's subsidiaries (the “Group”) were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their respective meetings held on 13th February, 2026. <BR> 2.The above Consolidated financial results for the quarter ended 31st, December 2025 (“the Statement”) have been prepared in accordance with Indian Accounting Standards as prescribed under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting standards) Rules as amended from time to time and other relevant provisions of the Act. <BR> 3.The statutory auditors of the company have carried out Limited review of aforesaid results as per Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 <BR> 4.The Group is primarily engaged in “Trading in steel ” business. The requirement of Ind AS-108- “Operating Segments”, is not applicable to the Group as it is engaged in single business segment. <BR> 5.Figures for the quarter ended 31st December, 2025 & 31st December, 2024 represents the difference between the unaudited figures in respect of the nine months ended December 31,2025 and the published unaudited figures of first quarter ended 31st December, 2025, 30th September 2025, 31st December 2024 which were subject to limited review by the Auditors. <BR> 6.The figures of previous quarters / Period are reclassified, regrouped, and rearranged wherever necessary so as to make them comparable with current period's figures. <BR> 7.FIRST-TIME ADOPTION OF IND-AS <BR> The Company was earlier listed on the SME Platform (EMERGE) of the National Stock Exchange of India Limited (NSE). Upon migration, the equity shares of the holding Company were listed on the Main Board of NSE with effect from November 14, 2025. <BR> Accordingly the Group has adopted Indian Accounting Standards (“Ind AS”) effective from April 1, 2025 and date of transition to Ind AS is April 1, 2024 in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (as amended), notified under Section 133 of the Companies Act, 2013, read with relevant rules thereunder, and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,along with the applicable provisions and guidance issued thereunder. <BR> <BR> Accordingly: <BR> * The unaudited consolidated financial results for the quarter ended 31st December 2025 represent the second unaudited quarterly financial results prepared under Ind AS. <BR> * The audited consolidated financial results for the year ended 31st March 2025 have been prepared in accordance with Ind AS. <BR> *The comparative figures for the nine months ended December 31, 2024, quarter ended December 31, 2024, were not published earlier. The conversion of the aforesaid IGAAP figures to IND AS has been carried out by the management, and these IND AS comparative figures have not been subjected to limited review or audit. <BR> <BR> Exemption Availed: - <BR> 1. Deemed cost of property, plant and equipment and intangible assets <BR> The Company has elected to continue with the carrying value of all its property, plant and equipment’s and intangible assets recognised as of 1st April, 2024 measured as per the previous GAAP and use that carrying value as its deemed cost on transition date. <BR> 2. Derecognition of financial assets and financial liabilities <BR> The Company has applied the derecognition requirements of financial assets and financial liabilities prospectively for transactions occurring on or after transition date. <BR> 3. Classification and measurement of financial assets <BR> The Company has assessed classification and measurement of financial assets on the basis of facts and circumstances that exist as on transition date. <BR> 4. Impairment of financial assets <BR> The Company has applied impairment requirements of Ind AS 109 retrospectively; however, as permitted by Ind AS 101, it has used reasonable and supportable information that is available without undue cost or effort to determine the credit risk at the date that financial instruments were initially recognised in order to compare it with the credit risk at the transition date. <BR> 5. Fair valuation for Financial Assets and Financial Liabilities <BR> The Company has valued certain financial assets and financial liabilities at fair value. Impact of fair value changes as on date of transition is recognised in opening reserves and changes thereafter are recognised in Statement of Profit and Loss Account or Other Comprehensive income, as the case may be. <BR> The Company has adopted Ind AS with effect from 1st April, 2025 with comparatives being restated. Accordingly, the impact of transition has been provided in the Opening Reserves as at 1st April 2024 and all the periods presented have been restated accordingly. <BR> 6. Reconciliation of Profit, as reported under previous GAAP to Ind AS for earlier periods, is as follows: <BR> <BR> SR. No. Nature of Adjustments Note Profit reconciliation <BR> Quarter Ended Nine months ened Year Ended <BR> 31-12-2024 31-12-2024 31-03-2025 <BR> Net Profit as per Previous Indian GAAP (A) 27.25 757.37 976.89 <BR> 1 Deffered Tax 1 7.57 22.71 30.28 <BR> 2 Gratuity and other Benefit as per Ind AS- 19 2 0.76 2.27 3.02 <BR> 3 Expected Credit Loss 3 (30.83) (92.49) (123.32) <BR> Total Adjustments(B) (22.51) (67.52) (90.02) <BR> Net Profit before OCI/Reserves as per Ind AS (A) + (B) 4.75 689.86 886.87 <BR> <BR> 7. Deferred Tax:- <BR> On the date of transition to Ind AS, the Company computed deferred taxes using the balance sheet approach in accordance with Ind AS 12 Income Taxes, as compared to the profit and loss approach applied under the previous GAAP. This resulted in recognition of deferred tax assets/liabilities on all temporary differences between the carrying amounts of assets and liabilities in the financial statements and their respective tax bases, including those arising from the Ind AS transition adjustments. <BR> The adoption of the balance sheet approach led to a one-time impact on reserves as at the transition date, with corresponding recognition of deferred tax assets/liabilities in the opening Ind AS balance sheet. <BR> Subsequent to the transition date, the Company has recognized additional deferred tax assets arising mainly from changes in estimates and Ind AS adjustments. These changes have been recognized in the Statement of Profit and Loss in the respective reporting periods in accordance with Ind AS 12. <BR> 8. Expected Credit Loss: - <BR> The Company has adopted the Expected Credit Loss (ECL) model as per Ind AS 109, replacing the incurred loss model under IGAAP. The ECL approach considers historical data, current conditions, and forward-looking information to estimate credit losses. For trade receivables, the simplified approach has been applied, recognizing lifetime ECL. The change resulted in an adjustment to retained earnings on the date of transition. This enhances the accuracy and timeliness of credit loss recognition. <BR> 9. Control Assesment under Ind AS 110 <BR> The Holding Company has determined that its investment in the partnership firm meets the control criteria under Ind AS 110, as it has power over relevant activities, exposure to variable returns, and the ability to affect such returns. Accordingly, the partnership firm has been classified as a subsidiary and included in the scope of consolidation. This assessment has been made in accordance with Ind AS 101 - First-time Adoption of Indian Accounting Standards. <BR> 10. Re-measurement cost of net defined Benefit Liability <BR> The re-measurement cost arising primarily due to change in actuarial assumptions has been recognised in Other Comprehensive Income (OCI) under Ind AS compare to Statement of Profit and Loss under previous GAAP. <BR> 2025-04-012025-12-31UnauditedConsolidated41199970001035700041303540001123500003576061000233721000340310005883400032720006973900040880080004234600004234600012795000-1375000114200000309260000000309260009362000402880000000136004000102.272.27002.272.27Other Expenses22304000Other Expenses6973900000Remeasurement of the defined benefit plans-22000Change in Fair Value of Investments28340002812000Remeasurement of the defined benefit plans-65000Change in Fair Value of Investments1097500010910000399000154800024130009362000