MAKS2024-10-012025-03-31MAKS2025-03-31MAKS2024-03-31MAKS2024-04-012025-03-31MAKS2024-10-012025-03-31in-capmkt:OtherExpenses1MemberMAKS2024-04-012025-03-31in-capmkt:OtherExpenses1MemberMAKS2024-10-012025-03-31in-capmkt:ReportableSegments1MemberMAKS2024-10-012025-03-31in-capmkt:ReportableSegments2MemberMAKS2024-04-012025-03-31in-capmkt:ReportableSegments1MemberMAKS2024-04-012025-03-31in-capmkt:ReportableSegments2MemberMAKS2024-10-012025-03-31in-capmkt:ReportableSegments1MemberMAKS2024-10-012025-03-31in-capmkt:ReportableSegments2MemberMAKS2024-04-012025-03-31in-capmkt:ReportableSegments1MemberMAKS2024-04-012025-03-31in-capmkt:ReportableSegments2MemberMAKS2024-10-012025-03-31in-capmkt:ReportableSegments1MemberMAKS2025-03-31in-capmkt:ReportableSegments1MemberMAKS2024-10-012025-03-31in-capmkt:ReportableSegments2MemberMAKS2025-03-31in-capmkt:ReportableSegments2MemberMAKS2024-10-012025-03-31in-capmkt:ReportableSegments1MemberMAKS2025-03-31in-capmkt:ReportableSegments1MemberMAKS2024-10-012025-03-31in-capmkt:ReportableSegments2MemberMAKS2025-03-31in-capmkt:ReportableSegments2MemberMAKS2024-10-012025-03-31AuditorDomain1MAKS2024-10-012025-03-31in-capmkt:AuditedMemberMAKS2025-03-31in-capmkt:AuditedMemberMAKS2024-10-012025-03-31in-capmkt:AdjustedMemberMAKS2025-03-31in-capmkt:AdjustedMemberMAKS2024-10-012025-03-31AuditQualification1MAKS2024-10-012025-03-31AuditQualification2iso4217:INRxbrli:pureiso4217:INRxbrli:shares123456MAKSNOTLISTEDINE0CDK01019MAKS ENERGY SOLUTIONS INDIA LIMITEDSMEEquity2024-04-012025-03-312025-05-292025-05-21INRLakhsHalf YearlyYearlyMulti segment2025-05-2919:00:002025-05-2920:00:00trueCash Flow IndirectStatement on impact of audit qualificationfalsefalseNANAfalsetrue2022-09-22https://maksgenerators.com/pdf/Policy%20on%20Related%20Party%20Transactions.pdffalsefalseNA2024-10-012025-03-31UnauditedStandalone3242800002446000326726000826660001668370003909400097890001167800012600084870003186770008049000-21470005902000059020001773000-83000169000042120000004212000421200069348000100.610.610.01020.00920.01552024-04-012025-03-31AuditedStandalone6648160002675000667491000262793000321281000145480001902700021749000272000181450006578150009676000-23020007374000073740001942000-840001858000551600000055160005516000693480001000.80.80.01020.00920.0155Other Expenses8487000Other Expenses181450006934800099605000168953000000000795000795000172655000544300068660001230900079080001293000194165000363913000962000000009620000366000038000102490001161500009054600020178200028126000031232000612000352298000363913000Manufacturing/Assembling132022000Trading192257000Manufacturing/Assembling307268000Trading35754800032427900066481600000324279000664816000Manufacturing/Assembling4946000Trading9426000Manufacturing/Assembling11680000Trading134970001437200025177000963100017660000-1304000060450007517000Manufacturing/Assembling260425000Trading1034880003639130000363913000Manufacturing/Assembling281851000Trading82062000363913000036391300017660000272000000000-79300001713900036869000-6538800049760001653000319000-292000-21863000-4724000265000000039600002254000002254000000000000137000000000011420000-5200009530000095300000017842000001766000000182000001820003389000033890002473800028127000AuditedQualified opinionR K JAGETIYA AND COtrue2027-06-306674910006648160006601160007152450005516000496130000.8-7.15363913000308784000363913000308784000168953000113824000There are few parties having outstanding balance aggregating to Rs 470.67 Lakhs which are aged more than 1 to 3 years, and in our view provision for Bad and Doubtful debts is required against such parties, but no provision for bad and doubtful debts provided by the Company, therefore Profit for the Half year and year ended is overstated to that extent and accordingly Net worth of the Company also overstated to that extent.Qualified opinionRepetitiveNot Applicable Not ascertainableThe outstanding balances amounting to Rs. 470.67 lakhs, aged between 1 to 3 years, primarily relate to certain major customer accounts. The Company has taken the following steps towards recovery and assessment of collectability: <br></br> 1. Legal Proceedings Initiated <br></br> One customer, with dues amounting to approximately Rs. 290 lakhs, is currently under legal proceedings initiated by the Company. Based on legal advice received, the Company has a strong and enforceable case, and the outcome is likely to be in the Company's favor. <br></br> 2. Disputed Receivable <br></br> A second customer, with dues of Rs. 32 lakhs, has refused to make payment post-shipment. The Company is exploring alternative resolution mechanisms, including negotiation and legal options, to recover the dues. <br></br> 3. Remaining Accounts Under Discussion <br></br> For the remaining balance, the Company is in active dialogue with the respective parties, and meaningful progress has been observed in reducing the aging profile of such receivables during Q4 FY25. <br></br> Given the varying stages of recovery efforts, including active legal processes and negotiations, the management is currently unable to reliably estimate the amount of provision, if any, required against these specific receivables. A definitive evaluation will depend on the outcomes of the ongoing legal and commercial recovery processes. <br></br> Accordingly, while the Company acknowledges the auditors observation, management believes that creating a provision at this stage without a reasonable basis could lead to incorrect representation. The matter will continue to be closely monitored, and appropriate provision shall be recognized in future periods as and when more clarity emerges on the recoverability of specific dues.No addition comment requiredThere are few vendor parties having advances subsisting for more than one year, aggregating Advances balance is Rs 80.62 Lakhs which are aged more than 1 to 3 years, and in our view since these suppliers are not a regular supplier and material transaction took place during the year, such balances required to be written off in Statement of Profit and Loss account for the half year and year ended March 31, 2025, therefore Profit for the Half year and year ended March 31, 2025 is overstated to that extent and accordingly Net worth of the Company also overstated to that extent. Qualified opinionWhether appeared first timeThere are few vendor parties having advances subsisting for more than one year, aggregating Advances balance is Rs 80.62 Lakhs which are aged more than 1 to 3 years, and in our view since these suppliers are not a regular supplier and material transaction took place during the year, such balances required to be written off in Statement of Profit and Loss account for the half year and year ended March 31, 2025, therefore Profit for the Half year and year ended March 31, 2025 is overstated to that extent and accordingly Net worth of the Company also overstated to that extent.Not ascertainableWith respect to the observation regarding vendor advances amounting to Rs.80.62 Lakhs outstanding for more than one year the management would like to clarify that the said advances were made to vendors against procurement of materials However due to unforeseen and uncontrollable circumstances the materials could not be delivered within the anticipated timeframe <br></br> Despite the delay the vendors have not been categorized as inactive or non-operational The management maintains regular communication with these vendors and there is a clear understanding that the said advances will be adjusted against future orders The vendors have confirmed their willingness to honour the obligations and supply materials in due course <br></br> Accordingly the management believes that these advances are recoverable and will be utilized against subsequent procurement transactions Therefore at present the management is unable to estimate any potential impact of write-off as it expects no loss on realization or utilization of these advances <br></br> The management remains committed to closely monitoring these balances and will take necessary steps to evaluate and provide for any impairment if such a situation arises in future <br></br> No addition comment requiredSourabh Mahendra ShawNikhil Badrilal AgarwalKetan ShahRavi K JagetiyaPune2025-05-29