General information about company

Scrip code*522005
NSE Symbol*NOTLISTED
MSEI Symbol*NOTLISTED
ISIN*INE759F01012
Name of companyAUSTIN ENGINEERING COMPANY LIMITED
Type of companyMain Board
Class of securityEquity
Date of start of financial year01-04-2024
Date of end of financial year31-03-2025
Date of board meeting when results were approved29-05-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange15-05-2025
Description of presentation currencyINR
Level of roundingLakhs
Reporting TypeQuarterly
Reporting QuarterFourth quarter
Nature of report standalone or consolidatedStandalone
Whether results are audited or unaudited for the quarter endedAudited
Whether results are audited or unaudited for the Year to date for current period ended/year endedAudited
Segment ReportingMulti segment
Description of single segment
Start date and time of board meeting29-05-2025 02:00
End date and time of board meeting29-05-2025 03:00
Whether cash flow statement is applicable on companyYes
Type of cash flow statementCash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualificationDeclaration of unmodified opinion
Whether the company has any related party?Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/publicNA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of bank’s staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.NA
(III) Whether the company is a ‘high value debt listed entity’ according to regulation 15 (1A)?No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?Yes
Latest Date on which RPT policy is updated10-04-2023
Indicate Company website link for updated RPT policy of the Companyhttps://www.aec.com/docs/AECL%20Related%20Party%20Transactions%20Policy.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?No



Financial Results – Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period01-01-202501-04-2024
Date of end of reporting period31-03-202531-03-2025
Whether results are audited or unauditedAuditedAudited
Nature of report standalone or consolidatedStandaloneStandalone
Part IBlue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1Income
Revenue from operations2839.6410292.4
Other income104.14205.6
Total income2943.7810498
2Expenses
(a)Cost of materials consumed1106.163169.69
(b)Purchases of stock-in-trade230.621073.75
(c)Changes in inventories of finished goods, work-in-progress and stock-in-trade-178.89-244.11
(d)Employee benefit expense 518.071970.83
(e)Finance costs8.5329.87
(f)Depreciation, depletion and amortisation expense50.49155.06
(g)Other Expenses
1Other Expenses1129.023896.75
Total other expenses1129.023896.75
Total expenses286410051.84
3Total profit before exceptional items and tax79.78446.16
4Exceptional items 00
5Total profit before tax79.78446.16
6Tax expense
7Current tax3.69111.69
8Deferred tax5.1-18.2
9Total tax expenses8.7993.49
10Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement00
11Net Profit Loss for the period from continuing operations70.99352.67
12Profit (loss) from discontinued operations before tax00
13Tax expense of discontinued operations00
14Net profit (loss) from discontinued operation after tax00
15Share of profit (loss) of associates and joint ventures accounted for using equity method00
16Total profit (loss) for period70.99352.67
17Other comprehensive income net of taxes-2.3971.23
18Total Comprehensive Income for the period68.6423.9
19Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21Details of equity share capital
Paid-up equity share capital347.78347.78
Face value of equity share capital1010
22Reserves excluding revaluation reserve6058.86
23Earnings per share
iEarnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations2.0410.14
Diluted earnings (loss) per share from continuing operations2.0410.14
iiEarnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations00
Diluted earnings (loss) per share from discontinued operations00
iiiEarnings per equity share (for continuing and discontinued operations)
Basic earnings (loss) per share from continuing and discontinued operations2.0410.14
Diluted earnings (loss) per share from continuing and discontinued operations2.0410.14
24Debt equity ratioTextual Information( 1)
25Debt service coverage ratioTextual Information( 2)
26Interest service coverage ratioTextual Information( 3)
27Disclosure of notes on financial resultsTextual Information(4)

Text Block

Textual Information(4)Notes to Standalone Financial Results:
1. The above standalone financial results for the quarter and year ended 31st March, 2025 of Austin Engineering Company Limited (“the company”) have been reviewed by the Audit Committee and Subsequently Approved by the Board of Directors of the Company at their meeting held on May 29, 2025. The Statutory Auditor of the company have audited these standalone annual financial results.

2. These financial results have been prepared in accordance with the Companies (Indian Accounting Standards) rules 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 as applicable and guidelines issued by the Securities and Exchange Board of India (SEBI).

3. The Company has two reportable segments viz. "Bearing” and “Wind Turbine Power Generation".

4. In accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, the above audited standalone financial results of the company are posted on Company's website and website of stock exchange viz. www.bseindia.com.

5. The figures for the quarter ended 31st March, 2025 and 31st March, 2024 are the balancing figures between the audited figures in respect of the full financial year ended 31st March, 2025 and 31st March, 2024 and unaudited year to date figures up to end of nine months of the current financial year and previous financial year respectively, as approved by the Board of Directors of the Company.

6. The figures of the previous period/year have been regrouped/re-classified, wherever necessary, to correspond with the current period’s classification/disclosure. The impact of such regrouping/reclassification have been considered and found to be not material to the financial results.


Place : Village patla,Tal.Bheshan,Dist.Junagadh For & behalf of the Board
Date : 29.05.2025 AUSTIN ENGINEERING COMPANY LIMITED



sd/-

Hiren N. Vadgama
Chairman



Statement of Asset and Liabilities

ParticularsYear ended (dd-mm-yyyy)
Date of start of reporting period01-04-2024
Date of end of reporting period31-03-2025
Whether results are audited or unauditedAudited
Nature of report standalone or consolidatedStandalone
Assets
1 Non-current assets
Property, plant and equipment1231.06
Capital work-in-progress13.45
Investment property0
Goodwill0
Other intangible assets178.76
Intangible assets under development0
Biological assets other than bearer plants0
Investments accounted for using equity method0
Non-current financial assets
Non-current investments22.72
Trade receivables, non-current0
Loans, non-current0
Other non-current financial assets91.21
Total non-current financial assets113.93
Deferred tax assets (net)224.42
Other non-current assets8
Total non-current assets1769.62
2Current assets
Inventories3059.34
Current financial asset
Current investments1896.41
Trade receivables, current1626.13
Cash and cash equivalents732.22
Bank balance other than cash and cash equivalents0
Loans, current17.75
Other current financial assets196.72
Total current financial assets4469.23
Current tax assets (net)13.26
Other current assets143.99
Total current assets7685.82
3Non-current assets classified as held for sale0
4Regulatory deferral account debit balances and related deferred tax Assets0
Total assets9455.44
Total current assets7685.82
3Non-current assets classified as held for sale0
4Regulatory deferral account debit balances and related deferred tax Assets0
Total assets9455.44
Equity and liabilities
1Equity
Equity attributable to owners of parent
Equity share capital347.78
Other equity6058.86
Total equity attributable to owners of parent6406.64
Non controlling interest
Total equity6406.64
2Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current0
Trade Payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises0
Total Trade payable0
Other non-current financial liabilities6.36
Total non-current financial liabilities6.36
Provisions, non-current819.71
Deferred tax liabilities (net)0
Deferred government grants, Non-current0
Other non-current liabilities7.06
Total non-current liabilities833.13
Current liabilities
Current financial liabilities
Borrowings, current130
Trade Payables, current
(A) Total outstanding dues of micro enterprises and small enterprises309.04
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises1135.43
Total Trade payable1444.47
Other current financial liabilities0.85
Total current financial liabilities1575.32
Other current liabilities154.7
Provisions, current485.65
Current tax liabilities (Net)0
Deferred government grants, Current0
Total current liabilities2215.67
3Liabilities directly associated with assets in disposal group classified as held for sale0
4Regulatory deferral account credit balances and related deferred tax liability0
Total liabilities3048.8
Total equity and liabilities9455.44
Disclosure of notes on assets and liabilitiesTextual Information(1)

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results

Particulars3 months/ 6 month ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period01-01-202501-04-2024
Date of end of reporting period31-03-202531-03-2025
Whether results are audited or unauditedAuditedAudited
Nature of report standalone or consolidatedStandaloneStandalone
1Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1Bearing2914.1210409.06
2Wind Turbine Power Generation29.6788.94
Total Segment Revenue2943.7910498
Less: Inter segment revenue29.6788.94
Revenue from operations 2914.1210409.06
2Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1Bearing69.12408.18
2Wind Turbine Power Generation19.1967.85
Total Profit before tax88.31476.03
i. Finance cost8.5329.87
ii. Other Unallocable Expenditure net off Unallocable income00
Profit before tax79.78446.16
3(Segment Asset - Segment Liabilities)
Segment Asset
1Bearing9167.499167.49
2Wind Turbine Power Generation60.1860.18
Total Segment Asset9227.679227.67
Un-allocable Assets227.77227.77
Net Segment Asset9455.449455.44
4Segment Liabilities
Segment Liabilities
1Bearing3041.743041.74
2Wind Turbine Power Generation7.077.07
Total Segment Liabilities3048.813048.81
Un-allocable Liabilities00
Net Segment Liabilities3048.813048.81
Disclosure of notes on segments

Other Comprehensive Income

Date of start of reporting period01-01-202501-04-2024
Date of end of reporting period31-03-202531-03-2025
Whether results are audited or unauditedAuditedAudited
Nature of report standalone or consolidatedStandaloneStandalone
Other comprehensive income [Abstract]
1Amount of items that will not be reclassified to profit and loss
1Fair Valuation of Financial Assets12.38103.07
2Fair Valuation of Defined benefit Obligations-15.68-4.38
Total Amount of items that will not be reclassified to profit and loss-3.3098.69
2Income tax relating to items that will not be reclassified to profit or loss -0.9127.46
3Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4Income tax relating to items that will be reclassified to profit or loss
5Total Other comprehensive income-2.3971.23


Cash flow statement, indirect

ParticularsYear ended (dd-mm-yyyy)
Date of start of reporting period01-04-2024
Date of end of reporting period31-03-2025
Whether results are audited or unauditedAudited
Nature of report standalone or consolidatedStandalone
Part IBlue color marked fields are non-mandatory.
1Statement of cash flows
Cash flows from used in operating activities
Profit before tax446.16
2Adjustments for reconcile profit (loss)
Adjustments for finance costs29.87
Adjustments for decrease (increase) in inventories-253.34
Adjustments for decrease (increase) in trade receivables, current748.51
Adjustments for decrease (increase) in trade receivables, non-current0
Adjustments for decrease (increase) in other current assets0
Adjustments for decrease (increase) in other non-current assets-21.31
Adjustments for other financial assets, non-current0
Adjustments for other financial assets, current49.5
Adjustments for other bank balances0
Adjustments for increase (decrease) in trade payables, current31.97
Adjustments for increase (decrease) in trade payables, non-current0
Adjustments for increase (decrease) in other current liabilities-97.76
Adjustments for increase (decrease) in other non-current liabilities0
Adjustments for depreciation and amortisation expense155.06
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss0
Adjustments for provisions, current-25.64
Adjustments for provisions, non-current0
Adjustments for other financial liabilities, current-0.02
Adjustments for other financial liabilities, non-current0
Adjustments for unrealised foreign exchange losses gains-8.91
Adjustments for dividend income0
Adjustments for interest income22.02
Adjustments for share-based payments0
Adjustments for fair value losses (gains)0
Adjustments for undistributed profits of associates0
Other adjustments for which cash effects are investing or financing cash flow0
Other adjustments to reconcile profit (loss)0
Other adjustments for non-cash items-5.38
Share of profit and loss from partnership firm or association of persons or limited liability partnerships0
Total adjustments for reconcile profit (loss)580.53
Net cash flows from (used in) operations1026.69
Dividends received0
Interest paid0
Interest received0
Income taxes paid (refund)119.42
Other inflows (outflows) of cash0
Net cash flows from (used in) operating activities907.27
3Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses0
Cash flows used in obtaining control of subsidiaries or other businesses0
Other cash receipts from sales of equity or debt instruments of other entities0
Other cash payments to acquire equity or debt instruments of other entities0
Other cash receipts from sales of interests in joint ventures0
Other cash payments to acquire interests in joint ventures0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships0
Proceeds from sales of property, plant and equipment15.08
Purchase of property, plant and equipment302.84
Proceeds from sales of investment property150
Purchase of investment property449.98
Proceeds from sales of intangible assets0
Purchase of intangible assets3.96
Proceeds from sales of intangible assets under development0
Purchase of intangible assets under development0
Proceeds from sales of goodwill0
Purchase of goodwill0
Proceeds from biological assets other than bearer plants0
Purchase of biological assets other than bearer plants0
Proceeds from government grants0
Proceeds from sales of other long-term assets0
Purchase of other long-term assets0
Cash advances and loans made to other parties0
Cash receipts from repayment of advances and loans made to other parties0
Cash payments for future contracts, forward contracts, option contracts and swap contracts0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts0
Dividends received0
Interest received22.02
Income taxes paid (refund)0
Other inflows (outflows) of cash0
Net cash flows from (used in) investing activities-569.68
4Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries0
Payments from changes in ownership interests in subsidiaries0
Proceeds from issuing shares0
Proceeds from issuing other equity instruments0
Payments to acquire or redeem entity's shares0
Payments of other equity instruments0
Proceeds from exercise of stock options0
Proceeds from issuing debentures notes bonds etc0
Proceeds from borrowings17
Repayments of borrowings0
Payments of lease liabilities15.6
Dividends paid0
Interest paid29.87
Income taxes paid (refund)0
Other inflows (outflows) of cash0
Net cash flows from (used in) financing activities-28.47
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes309.12
5Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents0
Net increase (decrease) in cash and cash equivalents309.12
Cash and cash equivalents cash flow statement at beginning of period423.12
Cash and cash equivalents cash flow statement at end of period732.24



Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Sr. No.Details of the party (listed entity /subsidiary) entering into the transactionDetails of the counterpartyType of related party transactionDetails of other related party transactionValue of the related party transaction as approved by the audit committeeRemarks on approval by audit committeeValue of the related party transaction ratified by the audit committeeDate of Audit Committee Meeting where the ratification was approvedValue of transaction during the reporting periodIn case monies are due to either party as a result of the transactionIn case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investmentsDetails of the loans, inter-corporate deposits, advances or investments
NamePANNamePANRelationship of the counterparty with the listed entity or its subsidiaryOpening balanceClosing balanceNature of indebtedness (loan/ issuance of debt/ any other etc.)Details of other indebtednessCostTenureNature (loan/ advance/ intercorporate deposit/ investment)Interest Rate (%)TenureSecured/ unsecuredPurpose for which the funds will be utilised by the ultimate recipient of funds (endusage)Notes
1AUSTIN ENGINEERING CO LTDAABCA8189NMAX PRECISION BEARING PVT LTDAANFM5056MRelative of Director is DirectorSale of goods or services23.86APPROVED23.8627-05-202523.86033.25
2AUSTIN ENGINEERING CO LTDAABCA8189NMAX PRECISION BEARING PVT LTDAANFM5056MRelative of Director is DirectorPurchase of goods or services47.76APPROVED47.7627-05-202547.76033.25
3AUSTIN ENGINEERING CO LTDAABCA8189NACCORD PRECISION PRODUCTAADFA4199HDirector is PartnerSale of goods or services2.82APPROVED2.8227-05-20252.82-34.9324.04
4AUSTIN ENGINEERING CO LTDAABCA8189NACCORD PRECISION PRODUCTAADFA4199HDirector is PartnerPurchase of goods or services333.23APPROVED333.2327-05-2025333.23-34.9324.04
5AUSTIN ENGINEERING CO LTDAABCA8189NAUSTIN ENGINEERING USAZZZZZ9999ZWholly Owned SubsidiarySale of goods or services2262.47APPROVED2262.4727-05-20252262.471289.25659.9
6AUSTIN ENGINEERING CO LTDAABCA8189NHIREN N VADGAMAAAUPV9105FWhole Time DirectorRemuneration29.33APPROVED29.3327-05-202529.3300
7AUSTIN ENGINEERING CO LTDAABCA8189NRAJAN R BHAMBHANIAABYPB5378DManaging DirectorRemuneration8.76APPROVED8.7627-05-20258.7600
8AUSTIN ENGINEERING CO LTDAABCA8189NJIGNESH S THANKIAAUPT4736AWhole Time DirectorRemuneration28.86APPROVED28.8627-05-202528.8600
9AUSTIN ENGINEERING CO LTDAABCA8189NS.A.KOTALASWPK1827BCFORemuneration3.62APPROVED3.6227-05-20253.6200
10AUSTIN ENGINEERING CO LTDAABCA8189NSHAHID S KOTALAZSPK4588QRelative of CFORemuneration2.27APPROVED2.2727-05-20252.2700
11AUSTIN ENGINEERING CO LTDAABCA8189NHEMANTSINGH N JHALAAUXPJ4796MCompany SecretaryRemuneration1.53APPROVED1.5327-05-20251.5300
12AUSTIN ENGINEERING CO LTDAABCA8189NAERIS ENGITECH PRIVATE LIMITEDAAWCA8309BDirector is MemberSale of goods or services1.11APPROVED1.1127-05-20251.117.2515.88
13AUSTIN ENGINEERING CO LTDAABCA8189NAERIS ENGITECH PRIVATE LIMITEDAAWCA8309BDirector is MemberPurchase of goods or services124.9APPROVED124.0927-05-2025124.097.2515.88
14AUSTIN ENGINEERING CO LTDAABCA8189NAUSTIN TRADERSAADFA7353BRelative of Director is PartnerSale of goods or services48.08APPROVED48.0827-05-202548.080.260
15AUSTIN ENGINEERING CO LTDAABCA8189NAUSTIN TRADERSAADFA7353BRelative of Director is PartnerAny other transactionTURNOVER DISCOUNT1.67APPROVED1.6727-05-20251.670.260
16AUSTIN ENGINEERING CO LTDAABCA8189NAUSTIN TRADERSAADFA7353BRelative of Director is PartnerPurchase of goods or services0.41APPROVED0.4127-05-20250.410.260
17AUSTIN ENGINEERING CO LTDAABCA8189NMARTHEN ENTERPRISES PRIVATE LIMITEDAANCM5007FDirector is Member/DirectorSale of goods or services23.04APPROVED23.0427-05-202523.04020.69
18AUSTIN ENGINEERING CO LTDAABCA8189NN.C.VADGAMA HUFAAAHV9956NDirector is Member of HUFInterest paid11.95APPROVED11.9527-05-202511.9599.55110.3
19AUSTIN ENGINEERING CO LTDAABCA8189NR.N.BAMBHANIA HUFAABHB2605KDirector is Member of HUFInterest paid8.47APPROVED8.4727-05-20258.4770.5778.19
20AUSTIN ENGINEERING CO LTDAABCA8189NS.M.THANKI HUFAAAHT4380ADirector is Member of HUFInterest paid1.83APPROVED1.8327-05-20251.8315.2616.92
Total value of transaction during the reporting period2965.16



Details of Impact of Audit Qualification

Whether results are audited or unauditedAudited
Declaration of unmodified opinion or statement on impact of audit qualificationDeclaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone resultsYes
Audit firm's nameWhether the firm holds a valid peer review certificate issued by Peer Review Board of ICAICertificate valid upto
1J. C. Ranpura & Co.Yes31-08-2026