General information about company

Scrip code*505750
NSE Symbol*NOTLISTED
MSEI Symbol*NOTLISTED
ISIN*INE636D01041
Name of companyJOSTS 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 exchange22-05-2025
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 16:00
End date and time of board meeting29-05-2025 18:35
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 updated29-05-2025
Indicate Company website link for updated RPT policy of the Companyhttps://josts.com/policies
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?Yes



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 operations593921733
Other income68198
Total income600721931
2Expenses
(a)Cost of materials consumed16055664
(b)Purchases of stock-in-trade22068477
(c)Changes in inventories of finished goods, work-in-progress and stock-in-trade120317
(d)Employee benefit expense 4722192
(e)Finance costs51187
(f)Depreciation, depletion and amortisation expense42165
(g)Other Expenses
1 Other expenses9392709
Total other expenses9392709
Total expenses543519711
3Total profit before exceptional items and tax5722220
4Exceptional items 0-64
5Total profit before tax5722156
6Tax expense
7Current tax150559
8Deferred tax-5-11
9Total tax expenses145548
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 operations4271608
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 period4271608
17Other comprehensive income net of taxes-7-6
18Total Comprehensive Income for the period4201602
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 capital100100
Face value of equity share capital11
22Reserves excluding revaluation reserve8059
23Earnings per share
iEarnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations4.2816.11
Diluted earnings (loss) per share from continuing operations4.2816.11
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 operations4.2816.11
Diluted earnings (loss) per share from continuing and discontinued operations4.2816.11
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:
1.The above standalone financial results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 29, 2025.
2. The above Standalone Financial results for the quarter and year ended March 31, 2025 are prepared in accordance with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and Companies (Indian Accounting Standards) Amendment Rules, 2016.
3. Board of Directors of Holding company at their meeting held on 27th March, 2023 and 7th August, 2024, had approved the investment in the share capital of M/s, JECL Engineering Limited ('JECL '), a Wholly Owned Subsidiary of the Company and/or grant loans and advances to JECL and/or to give Guarantees on behalf of JECL, in one or more than one tranche with a maximum cap of Rs 15 Crores and Rs. 10 Crores, respectively.
Out of the approved investment of Rs 25 Crores, the Company has invested Rs. 5,00,00,000/- on 29th December 2023, and Rs. 8,01,60,000/- on 4th March 2025 and Rs. 8,01,60,000/· on 6th March 2025 in JECL Engineering Limited towards the acquisition of equity shares by way of rights Issue.
4 The segment reporting of the Company has been prepared in accordance with Ind AS - 108 on “Operating Segment” ( Refer Annexure 1)
5 The figures of quarter ended March 31, 2025, represent the derived figures between the audited figures in respect of full financial year ended March 31, 2025, and reviewed year to date figures upto December 31, 2024, being date of end of the third quarter of the current financial year.
6 Previous period/year's figures have been regrouped/reclassified wherever necessary to confirm to current period's/year's figures.



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 equipment426
Capital work-in-progress0
Investment property0
Goodwill0
Other intangible assets86
Intangible assets under development0
Biological assets other than bearer plants0
Investments accounted for using equity method0
Non-current financial assets
Non-current investments3410
Trade receivables, non-current0
Loans, non-current0
Other non-current financial assets308
Total non-current financial assets3718
Deferred tax assets (net)158
Other non-current assets36
Total non-current assets4424
2Current assets
Inventories557
Current financial asset
Current investments17
Trade receivables, current7573
Cash and cash equivalents202
Bank balance other than cash and cash equivalents348
Loans, current211
Other current financial assets171
Total current financial assets8522
Current tax assets (net)
Other current assets733
Total current assets9812
3Non-current assets classified as held for sale
4Regulatory deferral account debit balances and related deferred tax Assets
Total assets14236
Total current assets9812
3Non-current assets classified as held for sale
4Regulatory deferral account debit balances and related deferred tax Assets
Total assets14236
Equity and liabilities
1Equity
Equity attributable to owners of parent
Equity share capital100
Other equity8059
Total equity attributable to owners of parent8159
Non controlling interest
Total equity8159
2Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current69
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 liabilities37
Total non-current financial liabilities106
Provisions, non-current120
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities226
Current liabilities
Current financial liabilities
Borrowings, current292
Trade Payables, current
(A) Total outstanding dues of micro enterprises and small enterprises114
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises4096
Total Trade payable4210
Other current financial liabilities175
Total current financial liabilities4677
Other current liabilities857
Provisions, current101
Current tax liabilities (Net)216
Deferred government grants, Current0
Total current liabilities5851
3Liabilities directly associated with assets in disposal group classified as held for sale0
4Regulatory deferral account credit balances and related deferred tax liability0
Total liabilities6077
Total equity and liabilities14236
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)
1(a) Material Handling283410751
2(b) Engineered Products310510982
Total Segment Revenue593921733
Less: Inter segment revenue
Revenue from operations 593921733
2Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1(a) Material Handling3781129
2(b) Engineered Products3841801
Total Profit before tax7622930
i. Finance cost51187
ii. Other Unallocable Expenditure net off Unallocable income139587
Profit before tax5722156
3(Segment Asset - Segment Liabilities)
Segment Asset
1(a) Material Handling35973597
2(b) Engineered Products59795979
Total Segment Asset95769576
Un-allocable Assets46604660
Net Segment Asset1423614236
4Segment Liabilities
Segment Liabilities
1(a) Material Handling12581258
2(b) Engineered Products26122612
Total Segment Liabilities38703870
Un-allocable Liabilities22072207
Net Segment Liabilities60776077
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
1Remeasurement of employee benefits obligations (net of taxes)-7.00-6.00
Total Amount of items that will not be reclassified to profit and loss-7.00-6.00
2Income tax relating to items that will not be reclassified to profit or loss 0.000.00
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 0.000.00
5Total Other comprehensive income-7.00-6.00


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 tax2156
2Adjustments for reconcile profit (loss)
Adjustments for finance costs187
Adjustments for decrease (increase) in inventories594
Adjustments for decrease (increase) in trade receivables, current-1786
Adjustments for decrease (increase) in trade receivables, non-current0
Adjustments for decrease (increase) in other current assets-105
Adjustments for decrease (increase) in other non-current assets-10
Adjustments for other financial assets, non-current-57
Adjustments for other financial assets, current315
Adjustments for other bank balances0
Adjustments for increase (decrease) in trade payables, current1066
Adjustments for increase (decrease) in trade payables, non-current0
Adjustments for increase (decrease) in other current liabilities-194
Adjustments for increase (decrease) in other non-current liabilities0
Adjustments for depreciation and amortisation expense165
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss0
Adjustments for provisions, current-133
Adjustments for provisions, non-current-22
Adjustments for other financial liabilities, current-11
Adjustments for other financial liabilities, non-current0
Adjustments for unrealised foreign exchange losses gains0
Adjustments for dividend income1
Adjustments for interest income114
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 items101
Share of profit and loss from partnership firm or association of persons or limited liability partnerships0
Total adjustments for reconcile profit (loss)-5
Net cash flows from (used in) operations2151
Dividends received0
Interest paid0
Interest received0
Income taxes paid (refund)388
Other inflows (outflows) of cash0
Net cash flows from (used in) operating activities1763
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 businesses1607
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 equipment0
Purchase of property, plant and equipment87
Proceeds from sales of investment property17
Purchase of investment property0
Proceeds from sales of intangible assets0
Purchase of intangible assets0
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 received1
Interest received114
Income taxes paid (refund)0
Other inflows (outflows) of cash346
Net cash flows from (used in) investing activities-1216
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 shares382
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 borrowings89
Repayments of borrowings606
Payments of lease liabilities42
Dividends paid98
Interest paid187
Income taxes paid (refund)0
Other inflows (outflows) of cash0
Net cash flows from (used in) financing activities-462
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes85
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 equivalents85
Cash and cash equivalents cash flow statement at beginning of period117
Cash and cash equivalents cash flow statement at end of period202



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
1Jost's Engineering Company LimitedAAACJ1658AMHE Rentals India Pvt LtdAAKCM7905PWholly Owned Subsidairy CompanySale of goods or services1000NA33.4227.4719.76
2Jost's Engineering Company LimitedAAACJ1658AMHE Rentals India Pvt LtdAAKCM7905PWholly Owned Subsidairy CompanyAny other transactionCommission received50NA4.6111.14.41
3Jost's Engineering Company LimitedAAACJ1658AJECL Engineering LtdAAFCJ8473JSubsidiary CompanyAny other transactionCorporate guarantee1400NA014001400
4Jost's Engineering Company LimitedAAACJ1658AMHE Rentals India Pvt LtdAAKCM7905PWholly Owned Subsidairy CompanyLoan100NA95950
5Jost's Engineering Company LimitedAAACJ1658AMr. Rohit JainAJRPJ5241NChief Financial OfficerRemunerationNA13.8400
6Jost's Engineering Company LimitedAAACJ1658AMrs. Babita KumariBYWPK6278HCompany SecretaryRemunerationNA7.4600
7Jost's Engineering Company LimitedAAACJ1658AMr. Jai Prakash AgarwalADEPA2174LChairman and Whole Time DirectorRemunerationNA23.4200
8Jost's Engineering Company LimitedAAACJ1658AJECL Engineering LtdAAFCJ8473JSubsidiary CompanySale of goods or services2000NA151.6100
9Jost's Engineering Company LimitedAAACJ1658AMr. Vishal JainAFOPJ4992FManaging Director and CEORemunerationNA0.600
10Jost's Engineering Company LimitedAAACJ1658AMrs. Shikha JainAFVPJ0197BWomen DirectorAny other transactionSitting feesNA1.0500
11Jost's Engineering Company LimitedAAACJ1658AMr. Sanjiv SwarupALFPS9863HNon-Executive Independent DirectorAny other transactionSitting feesNA2.100
12Jost's Engineering Company LimitedAAACJ1658AMrs. Rekha BagryAAYPB0807ENon-Executive Independent DirectorAny other transactionSitting feesNA2.100
13MHE Rentals India Pvt LtdAAKCM7905PMr. L Sharath KumarAAOPK5537GDirector Any other transactionSitting feesNA0.100
14MHE Rentals India Pvt LtdAAKCM7905PMr. Sanjiv SwarupALFPS9863HDirector Any other transactionSitting feesNA0.100
15MHE Rentals India Pvt LtdAAKCM7905PMr.Pramod Madhukar PopaleAACPP0103HDirector Any other transactionSitting feesNA0.100
16Jost's Engineering Company LimitedAAACJ1658ABHARAT WIRE ROPES LTD.AABCB2180NSale of goods or servicesSale of goods or services100NA0.160.070.16
17Jost's Engineering Company LimitedAAACJ1658ARenewsys India Pvt LtdAAGCP2384MDirectors InterestSale of goods or services100NA0.4300.43
18Jost's Engineering Company LimitedAAACJ1658AVISHAL JAINAFOPJ4992FManaging Director and CEODividend paidNA11.8200
19Jost's Engineering Company LimitedAAACJ1658ASHIKHA JAINAFVPJ0197BWomen DirectorDividend paidNA11.2800
20Jost's Engineering Company LimitedAAACJ1658AROHIT JAINAJRPJ5241NChief Financial OfficerDividend paidNA000
21Jost's Engineering Company LimitedAAACJ1658AJAI PRAKASH AGARWALADEPA2174LChairman and Whole Time DirectorDividend paidNA13.300
22Jost's Engineering Company LimitedAAACJ1658AKRISHNA AGARWALADBPA6833HRelative of DirectorDividend paidNA2.6100
23Jost's Engineering Company LimitedAAACJ1658AANITA AGARWALADGPA4326CRelative of DirectorDividend paidNA2.0700
24Jost's Engineering Company LimitedAAACJ1658ARAJENDRA KUMAR AGARWALAEOPA7685PRelative of DirectorDividend paidNA2.0700
25Jost's Engineering Company LimitedAAACJ1658AJECL Engineering LtdAAFCJ8473JSubsidiary CompanyInvestmentNA160300
26Jost's Engineering Company LimitedAAACJ1658AJost's FoundationAAFCJ8473JSubsidiary CompanyInvestmentNA100
27Jost's Engineering Company LimitedAAACJ1658AJECL Engineering LtdAAFCJ8473JSubsidiary CompanyLoanNA777.78983.78206
28Jost's Engineering Company LimitedAAACJ1658AJECL Engineering LtdAAFCJ8473JSubsidiary CompanyPurchase of goods or servicesNA2589.5200
29JECL Engineering LtdAAFCJ8473JJost's Engineering Company LimitedAAACJ1658AHolding CompanyAny other transactionCommission received30NA28.1900
30Jost's Engineering Company LimitedAAACJ1658AJECL Engineering LtdAAFCJ8473JSubsidiary CompanyAny other transactionCommission received25NA24.9600
31JECL Engineering LtdAAFCJ8473JJost's Engineering Company LimitedAAACJ1658AHolding CompanyAny other transactionCorporate guarantee3400NA50029003400
32Jost's Engineering Company LimitedAAACJ1658AJECL Engineering LtdAAFCJ8473JSubsidiary CompanyAny other transactionInterest on loan given100NA20.8300
33Jost's Engineering Company LimitedAAACJ1658AMHE Rentals India Pvt LtdAAKCM7905PWholly Owned Subsidairy CompanyAny other transactionInterest on loan given50NA1.4700
34Jost's Engineering Company LimitedAAACJ1658APramod Kumar MaheshwariABYPM2876KNon-Executive Independent DirectorAny other transactionSitting feesNA0.800
Total value of transaction during the reporting period5926.8



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
1Shah Gupta & Co.Yes31-12-2027



Format for Disclosing Outstanding Default on Loans and Debt Securities

Sr. No.ParticularsAmountRemarks
1.Loans / revolving facilities like cash credit from banks / financial institutions
ATotal amount outstanding as on date361
BOf the total amount outstanding, amount of default as on date0
2.Unlisted debt securities i.e. NCDs and NCRPS
ATotal amount outstanding as on date0
BOf the total amount outstanding, amount of default as on date0
3.Total financial indebtedness of the listed entity including short-term and long-term debt0