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DEVELOPMENT COMPANY LIMITEDMain BoardEquity2025-04-012026-03-312026-05-282026-05-19INRLakhsQuarterlyFourth quarterMulti segment2026-05-2813:30:002026-05-2817:45:00trueCash Flow IndirectStatement on impact of audit qualificationtruetrueNANAfalsetrue2020-04-01www.edclgroup.comfalsefalseNA2026-01-012026-03-31AuditedStandalone249000066400031540000038120003770000305000064070001581400032853000-29699000-56573000-86272000-54600032223000316770000-1179490000000-1179490001133000-11681600047500000010-2.48-2.4800-2.48-2.482025-04-012026-03-31AuditedStandalone18928300029300001922130000038120002439900012501000259240008617400015281000039403000-68832000-29429000040715000407150000-701440000000-701440001133000-6901100047500000010368136000-1.48-1.4800-1.48-1.48Other expenses15814000Other expenses8617400017895300056000000000000018935000582590008161470002218000024618000181490001624100033251500017245000408768000198680004308540000012470010004750000003681360008431360008431360000003398000339800003398000179096000011758900011758900054554000351239000491100001180004004670004038650001247001000Other non-current assets731000Non-current tax assets (net)57528000Other financial assets17245000Other current assets19868000Lease liabilities998000Provisions2400000Lease liabilities192000Other financial liabilities54362000Other current liabilities49110000Generating division2490000Contract division0Trading division0Generating division189283000Contract division0Trading division024900001892830002490000189283000Generating division-14567000Contract division-59151000Trading division220000Generating division97274000Contract division-60348000Trading division255000-7349800037181000305000012501000972400054109000-86272000-29429000Generating division186819000Contract division36254000Trading division022307300010239280001247001000Generating division28302000Contract division73392000Trading division47144000148838000255027000403865000125010003910000-162000000000070000000259240000690000000000000170006883200001097030008027400000-2303000237000-62700077107000054800000000000046500000000000000305000000000003543000018000000-3222000000000000548870000022100000-192000-5728900016596000016596000155300018149000Items that will not be reclassified to profit or loss15700001570000Items that will not be reclassified to profit or loss157000015700004370004370000011330001133000ENERGY DEVELOPMENT COMPANY LIMITED******Amar Singh******PromotersInterest paidAPPROVED256000000ENERGY DEVELOPMENT COMPANY LIMITED******Amar Singh******PromotersAny other transactionInterest PayableAPPROVED01326400015824000ENERGY DEVELOPMENT COMPANY LIMITED******Amar Singh******PromotersLoanAPPROVED03200000032000000ENERGY DEVELOPMENT COMPANY LIMITED******Pankaja Kumari Singh******PromotersAny other transactionSitting FeesAPPROVED10000000ENERGY DEVELOPMENT COMPANY LIMITED******Pankaja Kumari Singh******PromotersAny other transactionRent PaidAPPROVED60000000ENERGY DEVELOPMENT COMPANY LIMITED******Sneha Naredi******Key Managerial Personnel Company SecretaryRemunerationAPPROVED14000000ENERGY DEVELOPMENT COMPANY LIMITED******Sneha Naredi******Key Managerial Personnel Company SecretaryAny other transactionRemuneration PayableAPPROVED0200000040000ENERGY DEVELOPMENT COMPANY LIMITED******Startrack Vinimay Pvt. Ltd.******PromotersInterest paidAPPROVED380500000ENERGY DEVELOPMENT COMPANY LIMITED******Startrack Vinimay Pvt. Ltd.******PromotersAny other transactionInterest PayableAPPROVED003425000ENERGY DEVELOPMENT COMPANY LIMITED******Startrack Vinimay Pvt. Ltd.******PromotersAny other transactionShare CreditorsAPPROVED000ENERGY DEVELOPMENT COMPANY LIMITED******Startrack Vinimay Pvt. Ltd.******PromotersLoanAPPROVED06333800062693000ENERGY DEVELOPMENT COMPANY LIMITED******Sarvottam Caps Pvt. Ltd.******PromotersInterest paidAPPROVED541400000ENERGY DEVELOPMENT COMPANY LIMITED******Sarvottam Caps Pvt. Ltd.******PromotersAny other transactionInterest PayableAPPROVED004873000ENERGY DEVELOPMENT COMPANY LIMITED******Sarvottam Caps Pvt. Ltd.******PromotersAny other transactionShare CreditorsAPPROVED000ENERGY DEVELOPMENT COMPANY LIMITED******Sarvottam Caps Pvt. Ltd.******PromotersLoanAPPROVED09202800082749000ENERGY DEVELOPMENT COMPANY LIMITED******Panel Consultancy Pvt. Ltd.******Enterprise over which promoter have significant influenceAny other transactionRent PaidAPPROVED30000000ENERGY DEVELOPMENT COMPANY LIMITED******Panel Consultancy Pvt. Ltd.******Enterprise over which promoter have significant influenceAny other transactionSundry CreditorsAPPROVED01500082000ENERGY DEVELOPMENT COMPANY LIMITED******Fairland Projects Pvt. Ltd.******Enterprise over which promoter have significant influenceAny other transactionSundry ReceivableAPPROVED0385000681000ENERGY DEVELOPMENT COMPANY LIMITED******Fairland Projects Pvt. Ltd.******Enterprise over which promoter have significant influenceAny other transactionAdvance GrantedAPPROVED0423000423000ENERGY DEVELOPMENT COMPANY LIMITED******Ayyappa Hydro Power Ltd.******subsidiaryInvestmentAPPROVED0281125000292125000ENERGY DEVELOPMENT COMPANY LIMITED******Ayyappa Hydro Power Ltd.******subsidiaryAny other transactionSundry ReceivableAPPROVED063300006330000ENERGY DEVELOPMENT COMPANY LIMITED******Edcl Arunachal Hydro Projects Pvt. Ltd.******subsidiaryInvestmentAPPROVED019000001900000ENERGY DEVELOPMENT COMPANY LIMITED******Edcl Arunachal Hydro Projects Pvt. Ltd.******subsidiaryAny other transactionSundry ReceivableAPPROVED0259000259000ENERGY DEVELOPMENT COMPANY LIMITED******Edcl Power Projects Ltd.******subsidiaryInvestmentAPPROVED0371170008583000ENERGY DEVELOPMENT COMPANY LIMITED******Edcl Power Projects Ltd.******subsidiaryAny other transactionSundry ReceivableAPPROVED000ENERGY DEVELOPMENT COMPANY LIMITED******Edcl Power Projects Ltd.******subsidiaryAny other transactionSundry CreditorsAPPROVED02590001255000ENERGY DEVELOPMENT COMPANY LIMITED******Chekoplast (India) Ltd.******Enterprise over which promoter have significant influenceAny other transactionSundry CreditorsAPPROVED039470001347000ENERGY DEVELOPMENT COMPANY LIMITED******Chekoplast (India) Ltd.******Enterprise over which promoter have significant influenceAny other transactionSundry ReceivableAPPROVED02200027000ENERGY DEVELOPMENT COMPANY LIMITED******Aman Jain******Independent DirectorAny other transactionSitting FeesAPPROVED10000000ENERGY DEVELOPMENT COMPANY LIMITED******Satyendra Pal Singh******Key Managerial Personnel Whole-Time DirectorAny other transactionRemunerationAPPROVED180800000ENERGY DEVELOPMENT COMPANY LIMITED******Satyendra Pal Singh******Key Managerial Personnel Whole-Time DirectorAny other transactionSitting FeesAPPROVED6000000ENERGY DEVELOPMENT COMPANY LIMITED******Satyendra Pal Singh******Key Managerial Personnel Whole-Time DirectorAny other transactionRemuneration PayableAPPROVED00224000ENERGY DEVELOPMENT COMPANY LIMITED******Eastern Ramganga Valley Hydel Projects Co. Pvt. Ltd.******subsidiaryInvestmentAPPROVED065380006538000ENERGY DEVELOPMENT COMPANY LIMITED******Eastern Ramganga Valley Hydel Projects Co. Pvt. Ltd.******subsidiaryAny other transactionSundry ReceivableAPPROVED042570004257000ENERGY DEVELOPMENT COMPANY LIMITED******Sarju Valley Hydel Projects Co. Pvt. Ltd.******subsidiaryAny other transactionLoan InvestmentsAPPROVED027060002706000ENERGY DEVELOPMENT COMPANY LIMITED******Sarju Valley Hydel Projects Co. Pvt. Ltd.******subsidiaryAny other transactionSundry ReceivableAPPROVED025600002560000ENERGY DEVELOPMENT COMPANY LIMITED******Prabir Goswami******Key Managerial Personnel Chief financial OfficerAny other transactionRemunerationAPPROVED79900000ENERGY DEVELOPMENT COMPANY LIMITED******Prabir Goswami******Key Managerial Personnel Chief financial OfficerAny other transactionRemuneration PayableAPPROVED00115000ENERGY DEVELOPMENT COMPANY LIMITED******Disha Kumari Singh******DirectorAny other transactionAdvance GrantedAPPROVED040200004020000ENERGY DEVELOPMENT COMPANY LIMITED******Disha Kumari Singh******DirectorAny other transactionSitting FeesAPPROVED4000000ENERGY DEVELOPMENT COMPANY LIMITED******Nitin D Sharma******DirectorAny other transactionSitting FeesAPPROVED4000000ENERGY DEVELOPMENT COMPANY LIMITED******Vandana Singh******DirectorAny other transactionSitting FeesAPPROVED10000000ENERGY DEVELOPMENT COMPANY LIMITED******Dharam Veer Sharma******DirectorAny other transactionSitting FeesAPPROVED400000015906000AuditedAdverse opinionA L P S and CO.false192213000192213000221642000276244000-7144000-124746000-1.48-2.6312470010001192399000403865000403865000843136000843136000Attention has been drawn by the Auditor in the Basis for Adverse Opinion para to the following notes <br></br> of the financial results for the quarter and year ended 31st March 2026- <br></br> Note 9(a) regarding non-determination of terms and conditions of repayment and recoverable <br></br> amount in respect of outstanding loans of Rs. 3,007.08 lakhs given to two of the wholly owned <br></br> subsidiary companies. Impact with respect to shortfall in recovery thereof have not been ascertained <br></br> by the management and recognized in the standalone financial results.Adverse opinionSince how long continuingNot ApplicableNot ApplicablePending determination of terms and conditions of repayment and amount realisable <br></br> thereagainst, outstanding loans have been carried at book value and adjustments required <br></br> in this respect have not been ascertained.As stated herein above, the impact with respect to above and consequential <br></br> adjustments cannot be ascertained by the management and as such cannot be <br></br> commented upon by us.Attention has been drawn by the Auditor in the Basis for Adverse Opinion para to the following notes <br></br> of the financial results for the quarter year ended 31st March 2026- <br></br> Note 9(b) regarding impairment in the value of investments aggregating to Rs. 5,600.00 lakhs in two <br></br> of the wholly owned subsidiaries of the Company. Impact in this respect has not been ascertained by <br></br> the management and recognized in the standalone financial results.Adverse opinionSince how long continuingPending determination of the impairment in value and the outcome of the recovery of the above <br></br> amounts, no provision against the same have been considered necessary.Not ApplicableConsidering the investments to be strategic in nature, impairment has not been determined <br></br> and given effect to in the standalone financial results.As stated hereinabove, the impact with respect to above and consequential adjustments <br></br> has not been ascertained by the management and as such cannot be commented upon by <br></br> us.Attention has been drawn by the Auditor in the Basis for Adverse Opinion para to the following notes <br></br> of the financial results for the quarter and year ended 31st March 2026- <br></br> Note 10(a), 10(b) and 10(c) regarding outstanding amount of trade receivables of Rs. 198.24 lakhs, <br></br> loan amounting to Rs. 313.50 lakhs and interest accrued of Rs. 2.28 lakhs and security deposits/ <br></br> retention money amounting to Rs. 32.00 lakhs given/ recoverable to/ from certain companies, which <br></br> are doubtful of recovery and considering recoverability etc., are prejudicial to the interest of the <br></br> Company. In the absence of the provision there against, the loss for the year is understated to that <br></br> extent. Impact in this respect have not been ascertained by the management and recognized in the <br></br> standalone financial results.Adverse opinionSince how long continuingPending determination of the impairment in value and the outcome of the recovery of the above <br></br> amounts, no provision against the same have been considered necessary.Not ApplicableThe above amount, being held in trust, has been included under Other financial assets- current.Not ApplicableAttention has been drawn by the Auditor in the Basis for Adverse Opinion para to the following notes <br></br> of the financial results for the quarter and year ended 31st March 2026- <br></br> Note 11 regarding payment of remuneration amounting to Rs. 40.20 lakhs to a director, being <br></br> shown as recoverable as stated in the said note.Adverse opinionSince how long continuingNot ApplicableNot ApplicableThe above amount, being held in trust, has been included under Other financial assets- current.Impact in this respect has not been ascertained by the management and as such cannot be <br></br> commented upon by us.Attention has been drawn by the Auditor in the Basis for Adverse Opinion para to the following <br></br> notes of the financial results for the quarter and year ended 31st March 2026- <br></br> Note 12 regarding non-reconciliation of certain debit and credit balances including loans, <br></br> advances, creditors, with confirmation thereof.Adverse opinionSince how long continuingNot ApplicableNot ApplicableImpact will become ascertainable only upon confirmation and reconciliation.Impact in this respect has not been ascertained by the management and as such cannot be <br></br> <br></br> commented upon by us.Attention has been drawn by the Auditor in the Basis for Adverse Opinion para to the following <br></br> notes of the financial results for the quarter and year ended 31st March 2026- <br></br> Note 13(a) regarding demand notices, excluding interest and penalty, aggregating to Rs. 18,939.44 <br></br> lakhs pertaining to the Income Tax Assessment Order for Assessment Years 2011-2012 to 2020- <br></br> 2021 and the stay of demand pursuant to application filed by the Company. The amount of interest <br></br> and penalty in this respect aggregates to Rs. 24,047.65 lakhs till 31st March, 2026. The Company <br></br> has preferred necessary appeals, and the matter is pending before the Income Tax Appellate <br></br> Tribunal, New Delhi. Pending determination of the amount payable in this respect, consequential <br></br> impact is presently not ascertainable.Adverse opinionSince how long continuingNot ApplicableNot ApplicableAs per the legal and professional advice received, the allegations and contentions made by the <br></br> Income Tax Authorities are legally not tenable and no liability as such is expected to arise in this <br></br> respect. Matter being pending in appeal, impact in this respect as such are not determinable.Impact in this respect has not been ascertained by the management and as such cannot be <br></br> commented upon by us.Satyendra Pal SinghPrabir GoswamiAman JainA L P S &amp; CO.Kolkata2026-05-28