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Engineers International LimitedMain BoardEquity2025-04-012026-03-312026-05-072026-05-01INRLakhsQuarterlyFourth quarterMulti segment2026-05-0711:30:002026-05-0713:00:00trueCash Flow IndirectDeclaration of unmodified opiniontruetrueNANAfalsetrue2025-11-06https://www.harshaengineers.com/InvestorRelations/company-policies.phpfalsefalseNot applicable as there is no default on loans outstanding as on March 31, 2026 and the Company has not <BR> issued any debt securities.2026-01-012026-03-31AuditedStandalone355850000097300000365580000019133000000-2800000317400000550000074600000635800000294380000071200000007120000001509000002940000018030000005317000000000531700000-24000000507700000910400000105.845.84005.845.84(1) The above audited standalone financial results for the quarter and year ended 31 March 2026 have been reviewed by the Audit Committee and subsequently approved by the Board of Directors in their respective meetings held on 07 May 2026. The statutory auditors have expressed an unmodified opinion. <BR> (2) The audited 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) Figures of the quarter ended 31 March 2026 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) 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 OandM Segment. <BR> (5) 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> (6) Figures for the previous periods have been regrouped, reclassified and restated whereever necessary to make them comparable with the current period's figures. <BR> (7) The Government of India has consolidated 29 existing labour legislations into a unified framework comprising four new labour codes viz the Code on Wages, 2019, the Code on Social Security, 2020, the Industrial Relations Code, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively referred to as the "Codes"). The Codes have been made effective from November 21, 2025. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. The incremental impact of these changes, assessed by the Company, on the basis of the information available, consistent with the guidance provided by the Institute of Chartered Accountants of India, in total liability is of Rs.579 lakhs for gratuity and leave encashment and was recognised in the standalone financial results of the Company for the quarter ended December 31, 2025. <BR> <BR> <BR> 2025-04-012026-03-31AuditedStandalone122820000003799000001266190000063203000000-3740000013955000002590000029940000022875000001029120000023707000000237070000059300000097000006027000000176800000000001768000000-759000001692100000910400000133849019.4219.420019.4219.42Other Expenses636500000Bad Debts Write Off / Net Sundry Balances write off-700000Other Expenses2287900000Bad Debts Write Off / Net Sundry Balances write off-4000002885900000558000000850000049553000002305000005500000519130000011880000082603000002860200000230990000028557000001703000001053000005120000086400000557880000032250000087615000001702180000091040000013384900000142953000001429530000092000004100000050200000100900000184000000335100000431200000286600000119110000014777000003085000002217400000144900000291000002391400000272650000017021800000Other Financial Assets5500000Other Tax Assets ( Net)33000000Other Non Current Assets85800000Other Financial Assets86400000Other current assets322500000Other Financial Liabilities34100000Lease Liabilities6900000Lease Liabilities6400000Other Financial Liabilities302100000Other current liabilities144900000Engineering & Others2640100000Solar-EPC and O&M918400000Engineering & Others10449700000Solar-EPC and O&M1832300000355850000012282000000355850000012282000000Engineering & Others643700000Solar-EPC and O&M68300000Engineering & Others2230000000Solar-EPC and O&M14070000071200000023707000007120000002370700000Engineering & Others15814900000Solar-EPC and O&M120690000017021800000017021800000Engineering & Others1490700000Solar-EPC and O&M12358000002726500000027265000001. Segment Operating Results ( EBITDA) <BR> Quarter Year <BR> 31-03-2026 31-03-2026 <BR> a. Engineering & others 7233 25528 <BR> b. Solar EPC & O&M** 688 1432 <BR> Total Operating Results ( EBITDA) 7921 26960 <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, 202625900000-144800000-4177000000-205000000-180000000020580000001570000002994000000-6840000001008000000001163000000-144900000000-2700000-5300000-459300000191140000000059470000001316700000000000004130000031510000001144600000000000000000-2220000000011630000005300000-13190000000000000021330000019000000911000002590000000944000009210000009210000078200000170300000Remeasurement of post-employment benefit obligations69000006900000Remeasurement of post-employment benefit obligations400000040000001500000800000Gains / (Loss) of Cashflow Hedge-39300000-39300000Gains / (Loss) of Cashflow Hedge-105700000-105700000-9900000-26600000-24000000-75900000Harsha Engineers International Limited******Harsha Precision Bearing Components (China) Co., Limited******Wholly-owned subsidiarySale of goods or servicesApproved197820008382300061526000Harsha Engineers International Limited******Harsha Precision Bearing Components (China) Co., Limited******Wholly-owned subsidiaryAny other transactionReimbursement of SBLC ChargesApproved460000439000898000Harsha Engineers International Limited******Harsha Engineers Europe SRL******Wholly-owned subsidiaryInvestmentApproved12937500000Investment0NAUnsecuredBusiness PurposeHarsha Engineers International Limited has increased its investment in Share Capital of its Wholly-owned subsidiary.Harsha Engineers International Limited******Harsha Engineers Europe SRL******Wholly-owned subsidiarySale of goods or servicesApproved852100083090007145000Harsha Engineers International Limited******Harsha Engineers Europe SRL******Wholly-owned subsidiaryAny other transactionReimbursement of SBLC ChargesApproved060170000Harsha Engineers International Limited******Harsha Engineers Europe SRL******Wholly-owned subsidiaryAny other transactionAdvance for supply of goodsApproved90811000090811000Harsha Engineers International Limited******Harsha Engineers Advantek Limited******Wholly-owned subsidiarySale of goods or servicesApproved447770007700039306000Harsha Engineers International Limited******Harsha Engineers Advantek Limited******Wholly-owned subsidiaryAny other transactionReimbursement of Corporate Guarantee ChargesApproved639700006397000Harsha Engineers International Limited******Harsha Engineers Advantek Limited******Wholly-owned subsidiaryPurchase of goods or servicesApproved31800000780000Harsha Engineers International Limited******Harsha Engineers Advantek Limited******Wholly-owned subsidiaryAny other transactionReimbursement of Leave and Gratuity paymentApproved74940000420000Harsha Engineers International Limited******Cleanmax Harsha Solar LLP******Joint VentureAny other transactionWithdrawal from Partner's Current Capital Account10000000Approved330000000Harsha Engineers International Limited******Cleanmax Harsha Solar LLP******Joint VentureAny other transactionShare in Profit / Loss Account10000000Approved146000062180007678000Harsha Engineers International Limited******Harsha Precision Bearing Components (China) Co., Limited******Wholly-owned subsidiaryAny other transactionInterest IncomeApproved426400060290009642000Harsha Engineers International Limited******Harsha Engineers Advantek Limited******Wholly-owned subsidiarySale of fixed assetsApproved12352000012352000Harsha Engineers International Limited******Rajendra Shah******DirectorRemunerationApproved58680002830004023000Harsha Engineers International Limited******Harish Rangwala******DirectorRemunerationApproved108680002840009034000Harsha Engineers International Limited******Vishal Rangwala******DirectorRemunerationApproved2010000027400016620000Harsha Engineers International Limited******Pilak Shah******DirectorRemunerationApproved1947500041200015667000Harsha Engineers International Limited******Hetal Naik******DirectorRemunerationApproved79050002470005872000Harsha Engineers International Limited******Rajendra Shah******DirectorSale of goods or servicesApproved02740000Harsha Engineers International Limited******Kiran Mohanty******Key Managerial PersonnelAny other transactionLoan Received BackApproved300030000Harsha Engineers International Limited******Kiran Mohanty******Key Managerial PersonnelInterest receivedApproved000Harsha Engineers International Limited******Manish Naik******Relative of DirectorPurchase of goods or servicesApproved72200000Harsha Engineers International Limited******Crest Creative Unit******Enterprise on which Directors and KMP have significant influence and controlPurchase of goods or services2500000Approved517000640000Harsha Engineers International Limited******Aastha Charitable Trust for Welfare of the Mentally Challanged******Enterprise on which Directors and KMP have significant influence and controlPurchase of goods or servicesApproved45100000Harsha Engineers International Limited******Harsha Engineers International Limited Group Gratuity Trust******Enterprise on which Directors and KMP have significant influence and controlAny other transactionContributionApproved5000000000Harsha Engineers International Limited******AIA Engineering Limited******Enterprise on which Directors and KMP have significant influence and controlSale of goods or services350000000Approved1365580001101900010116000Harsha Engineers International Limited******AIA Engineering Limited******Enterprise on which Directors and KMP have significant influence and controlPurchase of goods or services350000000Approved6200000Harsha Engineers International Limited******Vidhya Sharma******Relative of Director of SubsidiaryPurchase of goods or servicesApproved2700004500045000Harsha Engineers International Limited******Goldi Harsha Ventures LLP******Enterprise on which Directors and KMP have significant influence and controlSale of goods or services10000000Approved944600030190009446000Harsha Engineers International Limited******Harsha Precision Bearing Components (China) Co., Limited******Wholly-owned subsidiaryAny other transactionOutstanding Balance in Loans & Advance ReceivableApproved0214877000229495000Harsha Engineers International Limited******Harsha Precision Bearing Components (China) Co., Limited******Wholly-owned subsidiaryAny other transactionOutstanding Balance in Other PayablesApproved0726000726000Harsha Engineers Advantek Limited******AIA Engineering Limited******Enterprise on which Directors and KMP have significant influence and controlSale of goods or servicesApproved793600003423000Harsha Engineers Advantek Limited******Crest Creative Unit******Enterprise on which Directors and KMP have significant influence and controlPurchase of goods or servicesApproved241000016000602595000AuditedtrueM/s Pankaj R Shah & Associatestrue2027-10-31