5329042026-01-012026-03-315329042026-03-315329042025-03-315329042025-04-012026-03-315329042026-01-012026-03-31in-capmkt:OtherExpenses1Member5329042025-04-012026-03-31in-capmkt:OtherExpenses1Member5329042026-03-31OtherNoncurrentFinancialAssetsDomain15329042026-03-31OtherCurrentFinancialAssetsDomain15329042026-03-31OtherNoncurrentFinancialLiabilitiesDomain15329042026-03-31OtherCurrentFinancialLiabilitiesDomain15329042026-03-31OtherCurrentLiabilitiesDomain15329042026-01-012026-03-31in-capmkt:ReportableSegments1Member5329042026-01-012026-03-31in-capmkt:ReportableSegments2Member5329042025-04-012026-03-31in-capmkt:ReportableSegments1Member5329042025-04-012026-03-31in-capmkt:ReportableSegments2Member5329042026-01-012026-03-31in-capmkt:ReportableSegments1Member5329042026-01-012026-03-31in-capmkt:ReportableSegments2Member5329042025-04-012026-03-31in-capmkt:ReportableSegments1Member5329042025-04-012026-03-31in-capmkt:ReportableSegments2Member5329042026-01-012026-03-31in-capmkt:ReportableSegments1Member5329042026-03-31in-capmkt:ReportableSegments1Member5329042026-01-012026-03-31in-capmkt:ReportableSegments2Member5329042026-03-31in-capmkt:ReportableSegments2Member5329042026-01-012026-03-31in-capmkt:ReportableSegments1Member5329042026-03-31in-capmkt:ReportableSegments1Member5329042026-01-012026-03-31in-capmkt:ReportableSegments2Member5329042026-03-31in-capmkt:ReportableSegments2Member5329042026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15329042025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15329042026-01-012026-03-31AuditorDomain15329042026-01-012026-03-31in-capmkt:AuditedMember5329042026-03-31in-capmkt:AuditedMember5329042026-01-012026-03-31in-capmkt:AdjustedMember5329042026-03-31in-capmkt:AdjustedMember5329042026-01-012026-03-31AuditQualification15329042026-01-012026-03-31AuditQualification25329042026-01-012026-03-31AuditQualification35329042026-01-012026-03-31AuditQualification4iso4217:INRiso4217:INRxbrli:shares532904SUPREMEINFNOTLISTEDINE550H01011Supreme Infrastructure India LimitedMain BoardEquity2025-04-012026-03-312026-07-092026-07-09INRLakhsQuarterlyFourth quarterMulti segment2026-07-0917:00:002026-07-0919:40:00trueCash Flow IndirectStatement on impact of audit qualification2026-01-012026-03-31UnauditedConsolidated138892000164880001553800001147500000093040005815650001302000040265000758904000-6035240000-6035240000000-6035240000000-603524000150000-6033740000-36400097502800010-7.69-7.44-7.69-7.44-15.38-14.882025-04-012026-03-31AuditedConsolidated6533860001932000067270600049301800000347150006644791000496920001425040007364720000-66920140006465636200057964348000000057964348000000057964348000150000579644980000-649000975028000101360041000738.94715.07738.94715.071477.881430.14Other Expenses40265000Other Expenses14250400085868000051000001626878900000000000370950003709500011590001717082300042990000379000834750800019467000718300024300042900008379070000129413700097161970002688702000097502800013600410002335069000-24843000231022600068643600034130006898490004173000694022000139157370001308000038155300039463300082796960002259006600010252910004814000262601000238827720002457679400026887020000other financial assets37095000Other current financial assets4290000other financial liabilities3413000Other current financial liabilities8279696000Other current liabilities1025291000Engineering & Construction661656000Road Infrastructure0Engineering & Construction594305000Road Infrastructure1797000661656000596102000661656000596102000Engineering & Construction0Road Infrastructure0Engineering & Construction0Road Infrastructure00000Engineering & Construction0Road Infrastructure0000Engineering & Construction0Road Infrastructure0000664479100019634000-344390000-176436000000013148200000049692000000000000-10310000000-646607320000-58036318000-71970000000-57200000-6625000000000000-247890000000000000000000000000-24789000003480512000463954000000250000000-4085583000000000108883000178440000178440001306300030907000Remeasurement of defined benefit plans150000150000Remeasurement of defined benefit plans1500001500000000150000150000AuditedQualified opinionM/s. Borkar & Muzumdar, Chartered Accountantstrue2028-05-31672706000672706000736472000095083990005796434800027940082000738.94356.18268870210002688702100024576794000546010600002335069000-27689197000The Group's trade receivables amounting to Rs.7,56,444.24 lakhs, unbilled revenue amounting to Rs.650.24 lakhs and other receivables amounting to Rs.611.02 lakhs have remained outstanding for a substantial period, including receivables relating to completed, substantially completed and disputed projects. Management has not recognised any Expected Credit Loss (ECL) on these balances despite the long outstanding period, which is not in accordance with Ind AS 109 – Financial Instruments. In the absence of sufficient and appropriate audit evidence supporting the recoverability of these balances and balance confirmations, the auditors are unable to determine the adjustments, if any, required to the carrying value of these receivables and the consequential impact on the Consolidated Financial Results. The audit opinion for the previous year was also modified in respect of this matter.Qualified opinionRepetitiveThe outstanding trade receivables, unbilled revenue and other receivables primarily relate to EPC contracts executed for Government departments, public sector undertakings and infrastructure projects. These balances include claims pending certification, contractual disputes, arbitration matters and retention monies, the realization of which depends upon contractual settlements and legal proceedings. Based on the contractual rights available to the Company, historical recoveries, legal opinions and management's assessment of the probability of realization, the Company believes that these balances are substantially recoverable. Accordingly, management is of the view that recognition of Expected Credit Loss under Ind AS 109 is presently not warranted and the carrying value of these balances appropriately reflects their recoverable amount. The recoverability of these balances is being reviewed on a continuous basis and appropriate adjustments, if any, shall be recognised based on future developmentsNANANAThe Group's non-current investments in erstwhile subsidiary Supreme Infrastructure BOT Private Limited (SIBPL) amounting to Rs.1,42,556.84 lakhs and trade receivables from its step-down subsidiaries amounting to Rs.2,145.81 lakhs have been considered fully recoverable by the management. SIBPL has been admitted into Corporate Insolvency Resolution Process (CIRP), its net worth has been fully eroded and it is facing significant liquidity constraints. Management has not recognised any impairment, which is not in accordance with Ind AS 109 – Financial Instruments. In the absence of sufficient appropriate audit evidence supporting the recoverability of these balances, the auditors are unable to comment upon the adjustments, if any, required to the carrying value of the investments and receivables and the consequential impact on the Consolidated Financial Results. The audit opinion for the previous year was also modified in respect of this matter.Qualified opinionRepetitiveThe investment in erstwhile subsidiary Supreme Infrastructure BOT Private Limited (SIBPL) and receivables from its step-down subsidiaries have been assessed as recoverable considering the underlying project assets, contractual rights, expected recoveries from claims and the ongoing Corporate Insolvency Resolution Process (CIRP). The management believes that the resolution process is expected to maximise value for stakeholders and that the recoverable value of the investments and receivables is substantially higher than their carrying amount. Accordingly, management considers that no impairment is presently required under Ind AS 109. The position shall continue to be reviewed based on the outcome of the CIRP proceedings and other relevant developments.NANANAThe Group's non-current investments in erstwhile subsidiary Supreme Panvel Indapur Tollways Private Limited (SPITPL) amounting to Rs.15,677.22 lakhs, trade receivables amounting to Rs.3,814.98 lakhs and unbilled revenue amounting to Rs.3,201.67 lakhs have been considered fully recoverable by the management. SPITPL has been admitted into Corporate Insolvency Resolution Process (CIRP) and arbitration proceedings with NHAI are ongoing following the rejection of the conciliation proposal. Management has not recognised any impairment, which is not in accordance with Ind AS 109 – Financial Instruments. In the absence of sufficient and appropriate audit evidence supporting the recoverability of these balances, the auditors are unable to comment upon the adjustments, if any, required to the carrying value of the investments, receivables and unbilled revenue and the consequential impact on the Consolidated Financial Results. The audit opinion for the previous year was also modified in respect of this matter.Qualified opinionRepetitiveThe investment in Supreme Panvel Indapur Tollways Private Limited (SPITPL) together with the related trade receivables and unbilled revenue has been considered recoverable by the management based on the contractual rights available under the concession agreement, claims pending before the Arbitral Tribunal, expected recoveries including termination compensation and other legal remedies available to the Company. Although SPITPL has been admitted into the Corporate Insolvency Resolution Process, management believes that the recoverability of these balances will be substantially supported by the outcome of the arbitration proceedings and the resolution process. Accordingly, no impairment provision has been recognised under Ind AS 109. The Company will continue to monitor the progress of the arbitration and CIRP and shall recognise appropriate adjustments, if required, in future periods.NANANAThe Holding Company has reversed interest amounting to Rs.2,78,805.87 lakhs relating to three lenders from whom No Due Certificates are yet to be received and has also not accrued interest amounting to Rs.21,436.79 lakhs during the year pending completion of obligations under the sanctioned Scheme of Arrangement. This accounting treatment is not in accordance with Ind AS 109 – Financial Instruments. Consequently, the profit for the year and the net worth as at 31 March 2026 are overstated by Rs.3,00,242.66 lakhs. Further, in the absence of confirmations from the concerned lenders, the auditors are unable to comment upon the adjustments and changes in classification of the related balances that may be required in accordance with Ind AS 1 – Presentation of Financial Statements.Qualified opinionRepetitiveThe Company has substantially implemented the Scheme of Arrangement sanctioned by the Hon'ble National Company Law Tribunal under Sections 230 to 232 of the Companies Act, 2013. During the year, settlements with a majority of lenders have been completed and No Due Certificates have been received from most lenders. In respect of the remaining three lenders, repayment obligations under the sanctioned Scheme are in the process of completion and the issuance of No Due Certificates is pending. Considering the commercial substance of the sanctioned Scheme, the executed settlement agreements and the substantial completion of the restructuring process, management believes that the reversal of interest and non-accrual of further interest appropriately reflects the financial position of the Company. Necessary accounting adjustments, if any, shall be considered upon completion of the remaining settlement formalities and receipt of confirmations from the concerned lenders.NANANAVIKRAM BHAVANISHANKARSHARMASIDHARTH SURESHKUMAR JAINKAVERI RAMCHANDRADESHMUKHBorkar & Muzumdar, Chartered AccountantsBHAWANISHANKARHARISHCHANDRA SHARMA, DirectorMumbai2026-07-10