5324132026-01-012026-03-315324132026-03-315324132025-03-315324132025-04-012026-03-315324132026-01-012026-03-31in-capmkt:OtherExpenses1Member5324132025-04-012026-03-31in-capmkt:OtherExpenses1Member5324132026-03-31OtherNoncurrentFinancialAssetsDomain15324132026-03-31OtherNoncurrentAssetsDomain15324132026-03-31OtherCurrentAssetsDomain15324132026-03-31OtherCurrentFinancialLiabilitiesDomain15324132026-03-31OtherCurrentLiabilitiesDomain15324132026-01-012026-03-31AuditorDomain15324132026-01-012026-03-31in-capmkt:AuditedMember5324132026-03-31in-capmkt:AuditedMember5324132026-01-012026-03-31in-capmkt:AdjustedMember5324132026-03-31in-capmkt:AdjustedMember5324132026-01-012026-03-31OtherFinancialItemDomain1in-capmkt:AuditedMember5324132026-01-012026-03-31OtherFinancialItemDomain1in-capmkt:AdjustedMember5324132026-01-012026-03-31AuditQualification15324132026-01-012026-03-31AuditQualification25324132026-01-012026-03-31AuditQualification35324132026-01-012026-03-31AuditQualification45324132026-01-012026-03-31AuditQualification5iso4217:INRiso4217:INRxbrli:shares532413CEREBRAINTNOTLISTEDINE345B01019INTEGRATED TECHNOLOGIES LIMITEDMain BoardEquity2025-04-012026-03-312026-05-292026-05-25INRLakhsQuarterlyFourth quarterSingle segmentE Waste Management2026-05-2916:00:002026-05-2918:00:00trueCash Flow IndirectStatement on impact of audit qualification2026-01-012026-03-31AuditedConsolidated114210006000011481000665200000222700020437000933000334540000364789000-3533080000-3533080000-41814000-418140000-3114940000000-3114940000-311494000111986500010-2.78-2.7800-2.78-2.781. The above Financial results as reviewed and recommended by the Audit Committee were approved by the Board of Directors as its Meeting held on 29th May 2026. <BR> 2.These financial results have been prepared in accordance with Indian Accounting Standards ("IND AS) prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules thereunder and in terms of Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 and SEBI Circular dated 5 July, 2016. <BR> 3.Lack of working capital led the company to temprorily shut down refurbishment activity and the company is more dependent on back-to-back orders. <BR> 4.The Company is engaged in the business of E-Waste Recycling & Refurbishment segment and therefore has only one reportable segment in accoradnce with IND AS 108 "operating Segments".2025-04-012026-03-31AuditedConsolidated5954200013700059679000316440000012956000750740003835000700369000823878000-764199000-97631000-8618300000-145370000-1453700000-7164600000000-7164600000-716460000111986500010-188290000-6.4-6.400-6.4-6.4Other Expenses334540000Other Expenses70036900011464500000013000000165000034000199000336811000958808000141047600000617970002948000182100006656600041023400047680000018872760001119865000-188290000931575000-2102100091055400000004409910005620005801300058575000311200050267800089954000149100003691800009767220009767220001887276000Other non-current financial assets34000Other non-current assets958808000Other current assets410234000Other current financial liabilities3112000Other current liabilities8995400075074000271600020321000000000179520000003835000068033000014200000001160000000097631000089788500036055000000003605500000000000000000000000000000001160000181900019350000000000090880000007507400001000-65985000-279950000-27995000-229267000-257262000AuditedDisclaimer of opinionYCRJ & Associatestrue2026-09-305967900059679000823878000823878000-716460000-716460000-6.4-6.41887276000188727600018872760001887276000910554000910554000Devaluation of StockDevaluation of Stock9763100097631000a) The Holding Company has prepared its financial results on a going concern basis notwithstanding the fact that, the Holding Company has incurred significant operating losses during the financial year, substantially reduced its workforce and ceased certain key operations, including refurbishment activities and experienced a substantial decline in revenues, Furthermore the Holding Company has challenges in meeting its obligations, servicing its current liabilities including Income tax dues. Also, the subsidiary Company from which the Holding Company has significant receivables and investments, has its net worth completely eroded. The auditors of the subsidiary have expressed substantial doubt about its ability to continue as a going concern. These events and conditions, collectively, indicate the existence of material uncertainties that may cast significant doubt on the Holding Companys ability to continue as a going concern. We were unable to obtain sufficient appropriate audit evidence to support managements assertion that the going concern basis of accounting is appropriate. Disclaimer of opinionRepetitiveWith respect to basis for disclaimer mentioned in point number a, the management is of the opinion that, Despite the operational and financial challenges faced during the financial year including significant operating losses, workforce reductions, cessation of certain non-core operations, and a decline in revenues, the management continues to believe that the going concern assumption is appropriate for the preparation of the financial statements, based on the following mitigating actions and plans currently underway <br></br> Significant cost rationalization measures have been implemented across all functions, including renegotiation of vendor contracts, optimization of manpower, and reduction of discretionary expenditures <br></br> he Company is in discussions with potential investors to raise capital to improve liquidity. <br></br> Non-core assets are being identified for potential monetization to support working capital requirements and reduce liabilities <br></br> With respect to basis for disclaimer mentioned in point number b, the management is of the opinion that, the adjustment was made on a conservative and ad hoc basis, in light of current market conditions and operational challenges and A significant portion of the inventory comprises E-waste and refurbished components, which by their very nature are susceptible to rapid obsolescence, degradation in quality, and reduced marketability. These factors adversely affect the net realizable value of such inventory items. <br></br> <br></br> With respect to basis for disclaimer mentioned in point number c, the management is of the opinion that, it is continuously following up with customers for recovery and provision has been created as per bad debt policy and managements best estimation <br></br> <br></br> With respect to basis for disclaimer mentioned in point number d and e, the management is of the opinion that, the company is making the efforts to recover the advances. <br></br> No QuantificationWith respect to basis for disclaimer mentioned in point number a, the management is of the opinion that, Despite the operational and financial challenges faced during the financial year including significant operating losses, workforce reductions, cessation of certain non-core operations, and a decline in revenues, the management continues to believe that the going concern assumption is appropriate for the preparation of the financial statements, based on the following mitigating actions and plans currently underway <br></br> Significant cost rationalization measures have been implemented across all functions, including renegotiation of vendor contracts, optimization of manpower, and reduction of discretionary expenditures <br></br> he Company is in discussions with potential investors to raise capital to improve liquidity. <br></br> Non-core assets are being identified for potential monetization to support working capital requirements and reduce liabilities <br></br> With respect to basis for disclaimer mentioned in point number b, the management is of the opinion that, the adjustment was made on a conservative and ad hoc basis, in light of current market conditions and operational challenges and A significant portion of the inventory comprises E-waste and refurbished components, which by their very nature are susceptible to rapid obsolescence, degradation in quality, and reduced marketability. These factors adversely affect the net realizable value of such inventory items. <br></br> <br></br> With respect to basis for disclaimer mentioned in point number c, the management is of the opinion that, it is continuously following up with customers for recovery and provision has been created as per bad debt policy and managements best estimation <br></br> <br></br> With respect to basis for disclaimer mentioned in point number d and e, the management is of the opinion that, the company is making the efforts to recover the advances. <br></br> <br></br> As irregularity is persisting for the past few years the company should take time bound actions.b) During the year, the Holding Company has devalued inventories amounting to Rs. 9.76 Crore on an ad hoc basis. However, the management has not provided item-wise details, valuation workings, or the basis and supporting documents for such devaluation. In the absence of sufficient and appropriate audit evidence regarding the nature, accuracy, and justification of the said inventory devaluation, we are unable to determine whether any adjustments are required in respect of the value of inventories, cost of goods sold, and consequential impact on the statement. Accordingly, we are unable to comment on the correctness and adequacy of such devaluation.Disclaimer of opinionRepetitiveWith respect to basis for disclaimer mentioned in point number a, the management is of the opinion that, Despite the operational and financial challenges faced during the financial year including significant operating losses, workforce reductions, cessation of certain non-core operations, and a decline in revenues, the management continues to believe that the going concern assumption is appropriate for the preparation of the financial statements, based on the following mitigating actions and plans currently underway <br></br> Significant cost rationalization measures have been implemented across all functions, including renegotiation of vendor contracts, optimization of manpower, and reduction of discretionary expenditures <br></br> he Company is in discussions with potential investors to raise capital to improve liquidity. <br></br> Non-core assets are being identified for potential monetization to support working capital requirements and reduce liabilities <br></br> With respect to basis for disclaimer mentioned in point number b, the management is of the opinion that, the adjustment was made on a conservative and ad hoc basis, in light of current market conditions and operational challenges and A significant portion of the inventory comprises E-waste and refurbished components, which by their very nature are susceptible to rapid obsolescence, degradation in quality, and reduced marketability. These factors adversely affect the net realizable value of such inventory items. <br></br> <br></br> With respect to basis for disclaimer mentioned in point number c, the management is of the opinion that, it is continuously following up with customers for recovery and provision has been created as per bad debt policy and managements best estimation <br></br> <br></br> With respect to basis for disclaimer mentioned in point number d and e, the management is of the opinion that, the company is making the efforts to recover the advances. <br></br> No QuantificationWith respect to basis for disclaimer mentioned in point number a, the management is of the opinion that, Despite the operational and financial challenges faced during the financial year including significant operating losses, workforce reductions, cessation of certain non-core operations, and a decline in revenues, the management continues to believe that the going concern assumption is appropriate for the preparation of the financial statements, based on the following mitigating actions and plans currently underway <br></br> Significant cost rationalization measures have been implemented across all functions, including renegotiation of vendor contracts, optimization of manpower, and reduction of discretionary expenditures <br></br> he Company is in discussions with potential investors to raise capital to improve liquidity. <br></br> Non-core assets are being identified for potential monetization to support working capital requirements and reduce liabilities <br></br> With respect to basis for disclaimer mentioned in point number b, the management is of the opinion that, the adjustment was made on a conservative and ad hoc basis, in light of current market conditions and operational challenges and A significant portion of the inventory comprises E-waste and refurbished components, which by their very nature are susceptible to rapid obsolescence, degradation in quality, and reduced marketability. These factors adversely affect the net realizable value of such inventory items. <br></br> <br></br> With respect to basis for disclaimer mentioned in point number c, the management is of the opinion that, it is continuously following up with customers for recovery and provision has been created as per bad debt policy and managements best estimation <br></br> <br></br> With respect to basis for disclaimer mentioned in point number d and e, the management is of the opinion that, the company is making the efforts to recover the advances. <br></br> <br></br> As irregularity is persisting for the past few years the company should take time bound actions.c) Total Trade receivables of the holding company as on 31.03.2026 is Rs. 143.07 crore, out of which Rs. 142.99 crore is outstanding for more than 1 year. However, the holding company has made provision for bad and doubtful debts only to the extent of Rs. 136.89 Crore on adhoc basis. Also, the balance of trade receivables is subject to confirmation and the Holding Company has not assessed the loss allowance for expected credit loss and therefore, we are unable to express opinion on the correctness of the provisions for bad and doubtful debts, carrying value of the said receivables and its impact, if any, on the Statement.Disclaimer of opinionRepetitiveWith respect to basis for disclaimer mentioned in point number a, the management is of the opinion that, Despite the operational and financial challenges faced during the financial year including significant operating losses, workforce reductions, cessation of certain non-core operations, and a decline in revenues, the management continues to believe that the going concern assumption is appropriate for the preparation of the financial statements, based on the following mitigating actions and plans currently underway <br></br> Significant cost rationalization measures have been implemented across all functions, including renegotiation of vendor contracts, optimization of manpower, and reduction of discretionary expenditures <br></br> he Company is in discussions with potential investors to raise capital to improve liquidity. <br></br> Non-core assets are being identified for potential monetization to support working capital requirements and reduce liabilities <br></br> With respect to basis for disclaimer mentioned in point number b, the management is of the opinion that, the adjustment was made on a conservative and ad hoc basis, in light of current market conditions and operational challenges and A significant portion of the inventory comprises E-waste and refurbished components, which by their very nature are susceptible to rapid obsolescence, degradation in quality, and reduced marketability. These factors adversely affect the net realizable value of such inventory items. <br></br> <br></br> With respect to basis for disclaimer mentioned in point number c, the management is of the opinion that, it is continuously following up with customers for recovery and provision has been created as per bad debt policy and managements best estimation <br></br> <br></br> With respect to basis for disclaimer mentioned in point number d and e, the management is of the opinion that, the company is making the efforts to recover the advances. <br></br> No QuantificationWith respect to basis for disclaimer mentioned in point number a, the management is of the opinion that, Despite the operational and financial challenges faced during the financial year including significant operating losses, workforce reductions, cessation of certain non-core operations, and a decline in revenues, the management continues to believe that the going concern assumption is appropriate for the preparation of the financial statements, based on the following mitigating actions and plans currently underway <br></br> Significant cost rationalization measures have been implemented across all functions, including renegotiation of vendor contracts, optimization of manpower, and reduction of discretionary expenditures <br></br> he Company is in discussions with potential investors to raise capital to improve liquidity. <br></br> Non-core assets are being identified for potential monetization to support working capital requirements and reduce liabilities <br></br> With respect to basis for disclaimer mentioned in point number b, the management is of the opinion that, the adjustment was made on a conservative and ad hoc basis, in light of current market conditions and operational challenges and A significant portion of the inventory comprises E-waste and refurbished components, which by their very nature are susceptible to rapid obsolescence, degradation in quality, and reduced marketability. These factors adversely affect the net realizable value of such inventory items. <br></br> <br></br> With respect to basis for disclaimer mentioned in point number c, the management is of the opinion that, it is continuously following up with customers for recovery and provision has been created as per bad debt policy and managements best estimation <br></br> <br></br> With respect to basis for disclaimer mentioned in point number d and e, the management is of the opinion that, the company is making the efforts to recover the advances. <br></br> <br></br> As irregularity is persisting for the past few years the company should take time bound actions.d) The Holding Company is having outstanding dues recoverable from an overseas party amounting to Rs. 100.28 Crore (Rs.15.00 Crore reported under Other current assets and Rs.85.28 Crore reported under Other Non-current assets) on account of sale consideration of The Holding Companys erstwhile subsidiary M/s Cerebra Middle East FZCO Dubai, vide sale agreement dated 17.03.2022 and settlement of advances due from said erstwhile subsidiary company. As per the terms of the said agreement, the payment period now stands expired and overdue for payment for more than 2 years and the balances are subject to confirmation. The Holding Company has not made any provision for bad and doubtful receivables, also the said balances were not restated as per the requirement of Ind AS 21 The effects of changes in foreign exchange rates. Hence, we are unable to comment on the regulatory compliances, recoverability of dues and its impact on the Statement.Disclaimer of opinionRepetitiveWith respect to basis for disclaimer mentioned in point number a, the management is of the opinion that, Despite the operational and financial challenges faced during the financial year including significant operating losses, workforce reductions, cessation of certain non-core operations, and a decline in revenues, the management continues to believe that the going concern assumption is appropriate for the preparation of the financial statements, based on the following mitigating actions and plans currently underway <br></br> Significant cost rationalization measures have been implemented across all functions, including renegotiation of vendor contracts, optimization of manpower, and reduction of discretionary expenditures <br></br> he Company is in discussions with potential investors to raise capital to improve liquidity. <br></br> Non-core assets are being identified for potential monetization to support working capital requirements and reduce liabilities <br></br> With respect to basis for disclaimer mentioned in point number b, the management is of the opinion that, the adjustment was made on a conservative and ad hoc basis, in light of current market conditions and operational challenges and A significant portion of the inventory comprises E-waste and refurbished components, which by their very nature are susceptible to rapid obsolescence, degradation in quality, and reduced marketability. These factors adversely affect the net realizable value of such inventory items. <br></br> <br></br> With respect to basis for disclaimer mentioned in point number c, the management is of the opinion that, it is continuously following up with customers for recovery and provision has been created as per bad debt policy and managements best estimation <br></br> <br></br> With respect to basis for disclaimer mentioned in point number d and e, the management is of the opinion that, the company is making the efforts to recover the advances. <br></br> No QuantificationWith respect to basis for disclaimer mentioned in point number a, the management is of the opinion that, Despite the operational and financial challenges faced during the financial year including significant operating losses, workforce reductions, cessation of certain non-core operations, and a decline in revenues, the management continues to believe that the going concern assumption is appropriate for the preparation of the financial statements, based on the following mitigating actions and plans currently underway <br></br> Significant cost rationalization measures have been implemented across all functions, including renegotiation of vendor contracts, optimization of manpower, and reduction of discretionary expenditures <br></br> he Company is in discussions with potential investors to raise capital to improve liquidity. <br></br> Non-core assets are being identified for potential monetization to support working capital requirements and reduce liabilities <br></br> With respect to basis for disclaimer mentioned in point number b, the management is of the opinion that, the adjustment was made on a conservative and ad hoc basis, in light of current market conditions and operational challenges and A significant portion of the inventory comprises E-waste and refurbished components, which by their very nature are susceptible to rapid obsolescence, degradation in quality, and reduced marketability. These factors adversely affect the net realizable value of such inventory items. <br></br> <br></br> With respect to basis for disclaimer mentioned in point number c, the management is of the opinion that, it is continuously following up with customers for recovery and provision has been created as per bad debt policy and managements best estimation <br></br> <br></br> With respect to basis for disclaimer mentioned in point number d and e, the management is of the opinion that, the company is making the efforts to recover the advances. <br></br> <br></br> As irregularity is persisting for the past few years the company should take time bound actions.e) The Holding Company has given Rs.20.29 Crore (Rs.10.81 Crore reported under current assets and Rs.9.49 Crore reported under Noncurrent assets) towards Capital Advances and Other Advances to various parties, which are outstanding for more than 1 year and are subject to confirmation. Also, no provision has been made in the books for bad and doubtful portion. Hence, we are unable to comment on its recoverability and its consequential impact, if any, on the Statements.Disclaimer of opinionRepetitiveWith respect to basis for disclaimer mentioned in point number a, the management is of the opinion that, Despite the operational and financial challenges faced during the financial year including significant operating losses, workforce reductions, cessation of certain non-core operations, and a decline in revenues, the management continues to believe that the going concern assumption is appropriate for the preparation of the financial statements, based on the following mitigating actions and plans currently underway <br></br> Significant cost rationalization measures have been implemented across all functions, including renegotiation of vendor contracts, optimization of manpower, and reduction of discretionary expenditures <br></br> he Company is in discussions with potential investors to raise capital to improve liquidity. <br></br> Non-core assets are being identified for potential monetization to support working capital requirements and reduce liabilities <br></br> With respect to basis for disclaimer mentioned in point number b, the management is of the opinion that, the adjustment was made on a conservative and ad hoc basis, in light of current market conditions and operational challenges and A significant portion of the inventory comprises E-waste and refurbished components, which by their very nature are susceptible to rapid obsolescence, degradation in quality, and reduced marketability. These factors adversely affect the net realizable value of such inventory items. <br></br> <br></br> With respect to basis for disclaimer mentioned in point number c, the management is of the opinion that, it is continuously following up with customers for recovery and provision has been created as per bad debt policy and managements best estimation <br></br> <br></br> With respect to basis for disclaimer mentioned in point number d and e, the management is of the opinion that, the company is making the efforts to recover the advances. <br></br> No QuantificationWith respect to basis for disclaimer mentioned in point number a, the management is of the opinion that, Despite the operational and financial challenges faced during the financial year including significant operating losses, workforce reductions, cessation of certain non-core operations, and a decline in revenues, the management continues to believe that the going concern assumption is appropriate for the preparation of the financial statements, based on the following mitigating actions and plans currently underway <br></br> Significant cost rationalization measures have been implemented across all functions, including renegotiation of vendor contracts, optimization of manpower, and reduction of discretionary expenditures <br></br> he Company is in discussions with potential investors to raise capital to improve liquidity. <br></br> Non-core assets are being identified for potential monetization to support working capital requirements and reduce liabilities <br></br> With respect to basis for disclaimer mentioned in point number b, the management is of the opinion that, the adjustment was made on a conservative and ad hoc basis, in light of current market conditions and operational challenges and A significant portion of the inventory comprises E-waste and refurbished components, which by their very nature are susceptible to rapid obsolescence, degradation in quality, and reduced marketability. These factors adversely affect the net realizable value of such inventory items. <br></br> <br></br> With respect to basis for disclaimer mentioned in point number c, the management is of the opinion that, it is continuously following up with customers for recovery and provision has been created as per bad debt policy and managements best estimation <br></br> <br></br> With respect to basis for disclaimer mentioned in point number d and e, the management is of the opinion that, the company is making the efforts to recover the advances. <br></br> <br></br> As irregularity is persisting for the past few years the company should take time bound actions.Ranganathan VenkatramanVishwamurthy PhalanetraVasudevan Padmanabhan NairCA Vijayendra R NayakBangalore2026-05-29