5326832026-01-012026-03-315326832026-03-315326832025-03-315326832025-04-012026-03-315326832026-01-012026-03-31in-capmkt:OtherExpenses1Member5326832026-01-012026-03-31in-capmkt:OtherExpenses2Member5326832026-01-012026-03-31in-capmkt:OtherExpenses3Member5326832025-04-012026-03-31in-capmkt:OtherExpenses1Member5326832025-04-012026-03-31in-capmkt:OtherExpenses2Member5326832025-04-012026-03-31in-capmkt:OtherExpenses3Member5326832026-03-31OtherNoncurrentFinancialAssetsDomain15326832026-03-31OtherNoncurrentAssetsDomain15326832026-03-31OtherNoncurrentAssetsDomain25326832026-03-31OtherCurrentFinancialAssetsDomain15326832026-03-31OtherCurrentAssetsDomain15326832026-03-31OtherNoncurrentFinancialLiabilitiesDomain15326832026-03-31OtherNoncurrentLiabilitiesDomain15326832026-03-31OtherCurrentFinancialLiabilitiesDomain15326832026-03-31OtherCurrentLiabilitiesDomain15326832026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15326832025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15326832026-01-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15326832025-04-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15326832026-01-012026-03-31AuditorDomain1iso4217:INRiso4217:INRxbrli:shares532683AIAENGNOTLISTEDINE212H01026AIA Engineering LimitedMain BoardEquity2025-04-012026-03-312026-05-262026-05-14INRLakhsQuarterlyFourth quarterSingle segmentManufacturing of High Chrome Mill Internals2026-05-2612:00:002026-05-2614:45:00trueCash Flow IndirectDeclaration of unmodified opinion2026-01-012026-03-31AuditedConsolidated12662647000132063000013983277000383765400039882100086813300047105000053777000288424000346101900093788780004604399000046043990007021210004901200075113300003853266000000800790003933345000-122247000381109800039327450006000003810816000282000186641000242.1542.150042.1542.15Notes: <BR> (i) The above audited consolidated 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 26 May 2026. The statutory auditors have expressed an unmodified opinion. <BR> (ii) The audited consolidated financial results are prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards as prescribed under Section 133 of the Companies Act, 2013, read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015, as amended. <BR> (iii) Board of Directors recommends Dividend of Rs. 16/- (800%) per Equity Share of Rs. 2/- each amounting to Rs. 14,931.26 lakhs for the financial year 2025-26. <BR> (iv) The audited consolidated financial results comprise of the results / financial information of the Holding Company, i.e., AIA Engineering Limited, its subsidiaries namely - Welcast Steels Limited - India, AIA CSR Foundation - India, Vega Industries (Middle East) F.Z.C. - U.A.E., Vega Industries Limited - U.K., Vega Industries Limited - U.S.A.(“VEGA USA”), Vega Steel Industries (RSA) (PTY.) Limited - South Africa, Wuxi Vega Trade Co., Limited - China, PT. Vega Industries Indonesia - Indonesia, Vega Industries Chile SPA - Chile, AIA Ghana Limited - Ghana, Vega Industries Australia Pty. Ltd. – Australia, Vega Industries Peru Limited – Peru, Vega Middle East (DFTZ) FZE - U.A.E. and a joint venture namely – Vega MPS Pty. Ltd. - Australia. <BR> (v) The Group has only one reportable primary business segment as per Ind AS 108 - "Operating Segments", i.e., Manufacturing of High Chrome Mill Internals. <BR> (vi) During the previous year ended 31 March 2025, Vega Industries (Middle East) F.Z.C. - U.A.E. (“VEGA ME”) had acquired additional 13% stake (resulting in a cumulative stake of 56%) in Vega MPS Pty. Ltd., Australia (VMPS) on 20 November 2024 for consideration of AUD 2.73 million and during the year ended 31 March 2026, Vega ME has further acquired additional 14% stake (resulting in a cumulative stake of 70%) of VMPS on 10 December 2025 for consideration of AUD 5.65 million. <BR> (vii) During the previous year ended 31 March 2025, the Holding Company and VEGA USA (wholly owned subsidiary) received a notice in relation to the investigations around alleged dumping and subsidising of certain grinding media from India based on complaint filed by Magotteux Inc. Post submission of required information, United States Department of Commerce announced its determination for cash deposit of Countervailing Duty at 3.16% and Anti-Dumping Duty at 6.91% which is effective from 12 June 2025 on certain high chrome iron grinding media imported from India. <BR> (viii) On 7 August 2024, the Board of Directors of the Holding Company approved a proposal for buyback of up to 10,00,000 fully paid-up Equity Shares of face value of Rs. 2/- each, representing 1.06% of the total number of equity shares of the Holding Company, at a price of up to Rs. 5,000 per share for an aggregate consideration not exceeding Rs. 500 crores (excluding transaction cost and any expenses incurred or to be incurred for the Buyback) representing 7.92% and 7.51% of the total paid-up equity share capital and free reserves (including securities premium account) as per the audited standalone financial statements and audited consolidated financial statements of the Company for the year ended on 31 March 2024, respectively. Further, the buy back had been completed and consideration transferred to the participating shareholders on 6 September 2024. <BR> (ix) Figures of the quarters ended 31 March 2026 and 31 March 2025 as reported in these audited consolidated financial results are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures up to the third quarter of the respective financial year. Also, the figures up to the end of third quarter of the respective financial year had only been reviewed and not subject to audit. <BR> (x) The Board of Directors of Welcast Steels Limited ("WSL"), a Subsidiary Company, had decided in their meeting dated 15 October 2025 to close down its only factory w.e.f. 15 December 2025. Since labour disputes are pending before various courts and other judicial forums, management intends to maintain the status quo. Accordingly, during the quarter and year ended on 31 March 2026 the financial statements were prepared on a non-going concern basis and the group has provided Rs. 328.19 lakhs towards closure compensation for employees of WSL and the impact is disclosed as an exceptional item. <BR> (xi) On 29 July 2025, the Board of Directors of the Holding Company decided to discontinue the manufacturing operations at Nagpur unit. Such closure will not have any adverse effect on the production/business operations and profitability of the Holding Company. <BR> (xii) Effective 21 November 2025, the Government of India has consolidated 29 existing labour legislations into a unified framework comprising four labour code collectively referred to as "New Labour Codes". The Group has assessed the financial implications of these changes mainly due to revision of definition of wages and FAQs issued by The Ministry of Labour & Employment. Accordingly, an incremental liability of Rs. 433.73 lakhs towards gratuity has been recognised during the year ended 31 March 2026. <BR> (xiii) Refer Annexure-I for audited Consolidated Statement of Assets and Liabilities. <BR> (xiv) Refer Annexure-II for audited Consolidated Statement of Cash Flows. <BR> <BR> 2025-04-012026-03-31AuditedConsolidated44198640000474050800048939148000169129560001089781000-104975800019861650003650720001126943000126965850003312774400015811404000-3281900015778585000318873900039692000322843100001255015400000013916000012689314000-2289720001246034200012701582000-1226800012472383000-12041000186641000280066842000136.11136.1100136.11136.11Power and fuel733845000Freight outward expenses1072332000Others1654842000Power and fuel3011662000Freight outward expenses3434277000Others625064600011434586000158921000198948000506030001421031000583000224020001029450001546961000561410009713530001441751300012562662000415997620001168607900021506400008797300013085650001766450005700966400013901170007096244300085379956000186641000800668420008025348300088753000803422360000727710007277100015866100010366610005145800013195510000362277000183296800021952450002804560002475701000751453000629260004280890003718169000503772000085379956000Other non-current financial assets102945000Other tax assets (net)5919000Other non-current assets965434000Other current financial assets176645000Other current assets1390117000Lease liabilities72771000Other non-current liabilities51458000Other current financial liabilities280456000Other current liabilities751453000365072000-2394624000-3368142000014395200000505560000221825000047636000011269430000163310000-322990000-9742100003816430000-2587763000000-2172030000-71067800008671805000000275678800005915017000000000003708100010414950000000000000000000003274690000-565129000-124207400000000000048500000003852000013604360003435080000-6101000-6598565000-1925622000105175000-182044700039710870002150640000Items that will not be re-classified to profit and loss1677900016779000Items that will not be re-classified to profit and loss321790003217900042300008106000Items that will be re-classified to profit and loss-133554000-133554000Items that will be re-classified to profit and loss-231124000-231124000124200021921000-122247000-228972000AuditedtrueBSR & CO LLPtrue2028-07-31