The engineering company exceeded its prescribed CSR obligation and funded school furniture and classroom construction in Uttar Pradesh.
NEW DELHI (India CSR): ATV Projects India Limited, a heavy engineering company with operations in Mathura, Uttar Pradesh, spent Rs 11.92 lakh on Corporate Social Responsibility (CSR) activities in FY 2025-26, exceeding its prescribed obligation of Rs 11.60 lakh, with the entire expenditure focused on education infrastructure and school support in Mathura district, according to the company’s annual report.
The company reported an average net profit of Rs 580.12 lakh for the three immediately preceding financial years for the purpose of calculating its CSR obligation under Section 135 of the Companies Act, 2013.
Its prescribed CSR expenditure for FY 2025-26 stood at Rs 11.60 lakh. Against this requirement, ATV Projects India Limited spent Rs 11,92,563 during the year.
The spending was directed towards two education-related projects. The company spent Rs 6,02,563 on school desks and benches for schools in Mathura district and another Rs 5,90,000 on the construction of rooms at Janaki Bai Girls School in Mathura.
The annual report indicates that no CSR amount remained unspent at the end of the financial year.
CSR Spending
Corporate Social Responsibility requirements under Section 135 of the Companies Act apply to companies meeting specified financial thresholds. Eligible companies are required to spend at least 2% of the average net profits of the three immediately preceding financial years on activities covered under Schedule VII.
For ATV Projects India Limited, the average net profit used for this calculation was Rs 580.12 lakh.
The prescribed CSR obligation was therefore Rs 11.60 lakh for FY 2025-26.
The company reported actual CSR expenditure of Rs 11.92 lakh, resulting in spending above the minimum statutory amount.
Based on the figures provided, the excess spending during the year was around Rs 32,563.
The annual report further states that the company had an amount of Rs 0.99 lakh available for set-off against CSR obligations in succeeding financial years. This figure may include eligible excess spending accumulated under applicable CSR provisions and should be read together with the detailed statutory CSR annexure.
No amount was reported as unspent for FY 2025-26.
The available source material does not separately disclose administrative overheads or impact assessment expenditure. It also does not indicate any transfer to an Unspent CSR Account for ongoing projects.
Education Focus
ATV Projects India Limited concentrated its CSR spending on the promotion of education in Mathura district.
The company’s approach during FY 2025-26 was primarily infrastructure-based, with spending directed towards classroom furniture and construction.
This focus reflects a relatively narrow CSR portfolio compared with companies that divide expenditure across healthcare, livelihoods, environment and other development themes.
However, the concentration also makes the year’s CSR spending easier to trace at the project level.
The report identifies two principal projects with specific expenditure figures.
School Furniture
The company spent Rs 6,02,563 on desks and benches for schools in Mathura district.
The project was classified under promotion of education and was implemented directly by the company, according to the information provided.
School furniture is a basic infrastructure requirement that can influence classroom organisation, student comfort and the usability of learning spaces.
The source material, however, does not provide the number of schools covered, the number of desks and benches supplied or the number of students who benefited.
It also does not state whether the schools were government-run, aided or privately managed.
Beneficiary numbers and school-wise distribution data would provide a clearer picture of the project’s scale and reach.
Girls School
ATV Projects India Limited also spent Rs 5.90 lakh on constructing rooms at Janaki Bai Girls School in Mathura.
The project was intended to strengthen educational infrastructure by expanding the physical capacity available to students.
Investment in classroom space can help schools accommodate enrolment and improve learning conditions, particularly where existing infrastructure is inadequate.
The report does not provide the number of rooms constructed, their size, completion date or the number of girls expected to use the additional facilities.
It also does not indicate whether the project included furniture, sanitation, electrical work or other supporting infrastructure.
These details would be useful for assessing the practical outcome of the expenditure.
Mathura Link
The company’s CSR focus on Mathura is closely linked to its operational presence in the district.
ATV Projects India Limited operates a manufacturing plant in Mathura that undertakes fabrication and machining work for industrial sectors including petrochemicals, cement and hydropower.
The company’s decision to direct CSR resources towards nearby schools reflects a geographically focused approach to community development.
The annual report also refers to modernisation at the Mathura plant, including the installation of CNC Horizontal Boring Machines and Vertical Turret Lathes.
These operational details are separate from CSR expenditure but provide context for the company’s industrial presence in the region.
CSR activities are expected to remain distinct from normal business operations and must fall within eligible activities under Schedule VII of the Companies Act.
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Financial Context
ATV Projects India Limited reported revenue from operations of Rs 6,765.31 lakh for the year ended March 31, 2026.
Its profit after tax stood at Rs 715.50 lakh, according to the source material.
The company also reported total equity and liabilities of Rs 26,980.39 lakh and other equity of Rs 16,056.11 lakh.
These figures provide broader financial context but should not be treated as direct measures of CSR capacity beyond the statutory calculation prescribed under law.
The board did not declare a dividend for the year and retained earnings for future business requirements, according to the annual report.
The CSR obligation, however, is calculated separately under Section 135 using the prescribed average net profit methodology rather than revenue or current-year profit after tax alone.
CSR Governance
The company’s Corporate Social Responsibility Committee was reported to include M. V. Chaturvedi as Chairman, along with Independent Directors Rakesh Tiwari and Payal Sanghavi.
The committee is responsible for reviewing the CSR policy, recommending expenditure and monitoring approved programmes.
CSR committees typically also review annual action plans and ensure that expenditure remains aligned with eligible activities under Schedule VII.
The available disclosure does not provide details on the number of CSR Committee meetings held during FY 2025-26, project monitoring visits or utilisation certificates.
It also does not provide information on any external implementing agency because the school furniture initiative was stated to have been implemented directly.
For the classroom construction project, the available material does not identify a contractor or implementation partner.
Spending Status
The company reported that its entire prescribed CSR obligation was utilised during FY 2025-26.
There was no unspent CSR amount at the end of the financial year, according to the report.
This means the company was not required, based on the information provided, to transfer any current-year balance to an Unspent CSR Account for ongoing projects.
The reported expenditure of Rs 11,92,563 was higher than the prescribed Rs 11.60 lakh obligation.
The difference reflects excess spending beyond the minimum requirement.
The report also refers to Rs 0.99 lakh being available for future set-off. The exact composition and eligibility of this amount should be confirmed from the statutory CSR disclosure, especially if it includes excess expenditure from previous years.
Impact Evidence
The annual report provides clear information on project-wise spending but limited data on social outcomes.
For the desks and benches initiative, there is no disclosed beneficiary count, number of schools covered or quantity of furniture supplied.
For the Janaki Bai Girls School project, the report does not specify the number of classrooms completed or how many students will benefit.
As a result, the financial expenditure can be verified more easily than the social impact.
Future disclosures could be strengthened through information on student numbers, school attendance, classroom capacity, usage rates and school-level feedback.
Such data would help distinguish expenditure from measurable educational outcomes.
Key Facts
| Particulars | Details |
|---|---|
| Company | ATV Projects India Limited |
| Financial Year | FY 2025-26 |
| Business Sector | Heavy engineering |
| Main CSR Geography | Mathura, Uttar Pradesh |
| Average Net Profit | Rs 580.12 lakh |
| Prescribed CSR Obligation | Rs 11.60 lakh |
| Actual CSR Spending | Rs 11,92,563 |
| Approximate Excess Spend | Rs 32,563 |
| Unspent CSR Amount | Nil |
| Amount Available for Future Set-Off | Rs 0.99 lakh |
| Main CSR Theme | Promotion of education |
| School Furniture Spending | Rs 6,02,563 |
| Classroom Construction Spending | Rs 5,90,000 |
| Key Institution | Janaki Bai Girls School |
| CSR Committee Chairman | M. V. Chaturvedi |
| Other Committee Members | Rakesh Tiwari, Payal Sanghavi |
| Revenue from Operations | Rs 6,765.31 lakh |
| Profit After Tax | Rs 715.50 lakh |
| Beneficiary Numbers | Not disclosed in the source material |
Frequently Asked Questions
How much did ATV Projects India spend on CSR in FY 2025-26?
The company reported CSR expenditure of Rs 11,92,563 during FY 2025-26.
What was the company’s prescribed CSR obligation?
ATV Projects India Limited’s prescribed CSR obligation was Rs 11.60 lakh.
What were the main CSR projects?
The company funded school desks and benches and classroom construction at Janaki Bai Girls School in Mathura.
How much was spent on school furniture?
ATV Projects India Limited spent Rs 6,02,563 on desks and benches for schools.
How much was spent at Janaki Bai Girls School?
The company spent Rs 5.90 lakh on the construction of rooms at the school.
Was any CSR amount left unspent?
No. The annual report states that no CSR amount remained unspent for FY 2025-26.
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