Integrated Filing — IndAS

General information about company

Scrip Code	543214
NSE Symbol	NDRAUTO
MSEI Symbol	NOTLISTED
ISIN	INE07OG01012
Name of company	NDR Auto Components Limited
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-04-2025
Date of end of financial year	31-03-2026
Date of board meeting when results were approved	11-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	05-05-2026
Description of presentation currency	INR
Level of rounding used in financial results	Lakhs
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Manufacture of seat structure and seat covers
Start date and time of board meeting	11-05-2026 12:15:00
End date and time of board meeting	11-05-2026 13:15:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS

Amount in (Lakhs)

Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-01-2026	01-04-2025
B	Date of end of reporting period	31-03-2026	31-03-2026
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
1	Income
	Revenue from operations	22,906.85	82,253.80
	Other income	81.76	290.89
	Total income	22,988.61	82,544.69
2	Expenses
(a)	Cost of materials consumed	16,913.59	61,510.85
(b)	Purchases of stock-in-trade	0.00	0.00
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	175.21	(211.40)
(d)	Employee benefit expense	752.84	2,867.78
(e)	Finance costs	99.96	328.02
(f)	Depreciation, depletion and amortisation expense	575.48	2,109.70
(f)	Other Expenses
1	Power & Fuel	146.11	527.46
2	Maintenance of Building & Machinery	140.60	563.87
3	Consumption of Stores	93.20	342.27
4	Insurance	16.61	51.36
5	Freight Outward	79.38	426.31
6	Factory Expense	1,584.46	5,908.94
7	Legal & Professional Expense	94.83	310.61
8	Rent, Rates & Taxes	1.16	44.38
9	Miscellaneous & Other Expenses	260.25	845.75
	Total other expenses	2,416.60	9,020.95
	Total expenses	20,933.68	75,625.90
3	Total profit before exceptional items and tax	2,054.93	6,918.79
4	Exceptional items	0.00	(64.75)
5	Total profit before tax	2,054.93	6,854.04
6	Tax expense
7	Current tax	526.49	1,769.14
8	Deferred tax	(3.85)	(0.26)
9	Total tax expenses	522.64	1,768.88
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0.00	0.00
11	Net Profit Loss for the period from continuing operations	1,532.29	5,085.16
12	Profit (loss) from discontinued operations before tax	0.00	0.00
13	Tax expense of discontinued operations	0.00	0.00
14	Net profit (loss) from discontinued operation after tax	0.00	0.00
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	312.94	1,109.29
16	Total profit (loss) for period	1,845.23	6,194.45
17	Other comprehensive income net of taxes	15.69	0.52
18	Total Comprehensive Income for the period	1,860.92	6,194.97
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	0.00	0.00
	Total profit or loss, attributable to non-controlling interests	0.00	0.00
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	0.00	0.00
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0.00	0.00
21	Details of equity share capital
	Paid-up equity share capital	2,378.53	2,378.53
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		33,393.34
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	7.76	26.04
	Diluted earnings (loss) per share from continuing operations	7.76	26.04
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	7.76	26.04
	Diluted earnings (loss) per share from continuing and discontinued operations	7.76	26.04
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		Textual Information(1)

Disclosure of notes on financial results

Textual Information(1)	1. The above consolidated financial results of NDR Auto Components Limited the Company its subsidiaries its joint ventures and associates together referred the Group have been prepared in accordance with Indian Accounting Standards IND AS as prescribed under section 133 of the Companies Act 2013 read with the relevant rules and amendments thereto and the other accounting principles generally accepted in India. 2. The Sales Purchase have been recognised based on contract price with the customers vendors which are subject to escalations and deescalations basis annual price revision. The Group estimated such escalations and deescalations on best estimate basis and these will be formalised by year end. 3. In line with the provisions of IND AS108 Operating Segment the Group is engaged in the business of manufacturing of different seating systems and components for automobiles including two wheeler which constitute single reporting business segment and the group operates only in one geographical segment India Accordingly there are no separate reportable segments. 4. During the financial year 2023 24 the Income Tax Department the department conducted a search under section 132 of the Income Tax Act 1961 at certain premises of the Company including manufacturing locations and residence of few of its employees key managerial personnel The Company received demand orders amounting to Rs. 502.20 Lakhs excluding penalties for the Assessment Years 2020 21 to 2024 25 along with a penalty demand order of Rs 142 20 Lakhs for the Assessment Year 2021 22 and 2022 23. Further the penalty demand orders for AY 2023 24 and AY 2024 25 were dropped by the Income tax department. The Company filed appeals against the tax and penalty demand orders received from the department with the Commissioner of Income Tax Appeals. Further the Company also filed rectification application of Rs. 389.98 lakhs concerning the outstanding demand. The Company has now received orders from the Commissioner of Income Tax Appeals reducing the demand to Rs. 366.89 lakhs for the Assessment Years 2020 21 to 2024 25, except for Assessment Year 2022 23 for which the order including the penalty order is still awaited. The total demand orders against assessment year 2022 23 amounts to Rs. 134 lakhs including penalties. As per Groups own assessment and based on legal advice management is confident of favorable outcome for such appeals. Pending outcome of appeal proceedings no adjustment has been made to these consolidated financial statements. 5. Effective 21 November 2025 The Government of India has consolidated multiple existing labour legislations into a unified framework comprising four Labour Codes collectively referred to as the New Labour Code. These legislative changes have revised the definition of wages for the purpose of computation of employee benefits and expanded the scope and eligibility of certain employee related social security benefits. Following a comprehensive assessment conducted by the Group information currently available and consistent with the FAQs on key accounting implications arising from the New Labour Codes issued by the Institute of Chartered Accountants of India the Group has evaluated the incremental impact resulting from the implementation of these codes. Given the materiality regulatory driven nature and non recurring aspect of this impact the Group has recognized an exceptional item in the consolidated financial statements for the year ended March 31 2026 amounting to Rs 64.75 lakhs which includes gratuity and compensated absences. The Group will continue to monitor developments and clarifications from the Government regarding other aspects of the New Labour Codes and will make appropriate accounting adjustments as necessary based on these developments. 6. Subject to the approval of the shareholders in the ensuing Annual General Meeting of the company the Board of Directors has recommended the final dividend of 40 percentage Rs. 4 per share of the face value of Rs. 10 each aggregating to Rs. 951.41 lakhs. 7. The Group had discontinued recognizing its share of losses of Rs. 12.17 lakhs from its investment in Toyota Boshoku Relan India Private Limited joint venture after the accumulated losses exceeded the carrying amount of the investment of Rs. 0.50 lakhs. If the joint venture subsequently reports profits, the Group will resume recognizing its share of profits only after the profits equal the previously unrecognized losses. 8. The figures for the last quarter are the balancing figures between audited figures in respect of the full financial year upto March 31, 2026 and the unaudited published year to date figures upto December 31, 2025 being the date of the end of the third quarter of the financial year which were subjected to limited review. 9. The Consolidated financial results include the results of the company 2 subsidiary companies 1 associate company and 3 joint venture companies. 10. The above consolidated financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on May 11 2026.

Textual Information(1)

1. The above consolidated financial results of NDR Auto Components Limited the Company its subsidiaries its joint ventures and associates together referred the Group have been prepared in accordance with Indian Accounting Standards IND AS as prescribed under section 133 of the Companies Act 2013 read with the relevant rules and amendments thereto and the other accounting principles generally accepted in India. 2. The Sales Purchase have been recognised based on contract price with the customers vendors which are subject to escalations and deescalations basis annual price revision. The Group estimated such escalations and deescalations on best estimate basis and these will be formalised by year end. 3. In line with the provisions of IND AS108 Operating Segment the Group is engaged in the business of manufacturing of different seating systems and components for automobiles including two wheeler which constitute single reporting business segment and the group operates only in one geographical segment India Accordingly there are no separate reportable segments. 4. During the financial year 2023 24 the Income Tax Department the department conducted a search under section 132 of the Income Tax Act 1961 at certain premises of the Company including manufacturing locations and residence of few of its employees key managerial personnel The Company received demand orders amounting to Rs. 502.20 Lakhs excluding penalties for the Assessment Years 2020 21 to 2024 25 along with a penalty demand order of Rs 142 20 Lakhs for the Assessment Year 2021 22 and 2022 23. Further the penalty demand orders for AY 2023 24 and AY 2024 25 were dropped by the Income tax department. The Company filed appeals against the tax and penalty demand orders received from the department with the Commissioner of Income Tax Appeals. Further the Company also filed rectification application of Rs. 389.98 lakhs concerning the outstanding demand. The Company has now received orders from the Commissioner of Income Tax Appeals reducing the demand to Rs. 366.89 lakhs for the Assessment Years 2020 21 to 2024 25, except for Assessment Year 2022 23 for which the order including the penalty order is still awaited. The total demand orders against assessment year 2022 23 amounts to Rs. 134 lakhs including penalties. As per Groups own assessment and based on legal advice management is confident of favorable outcome for such appeals. Pending outcome of appeal proceedings no adjustment has been made to these consolidated financial statements. 5. Effective 21 November 2025 The Government of India has consolidated multiple existing labour legislations into a unified framework comprising four Labour Codes collectively referred to as the New Labour Code. These legislative changes have revised the definition of wages for the purpose of computation of employee benefits and expanded the scope and eligibility of certain employee related social security benefits. Following a comprehensive assessment conducted by the Group information currently available and consistent with the FAQs on key accounting implications arising from the New Labour Codes issued by the Institute of Chartered Accountants of India the Group has evaluated the incremental impact resulting from the implementation of these codes. Given the materiality regulatory driven nature and non recurring aspect of this impact the Group has recognized an exceptional item in the consolidated financial statements for the year ended March 31 2026 amounting to Rs 64.75 lakhs which includes gratuity and compensated absences. The Group will continue to monitor developments and clarifications from the Government regarding other aspects of the New Labour Codes and will make appropriate accounting adjustments as necessary based on these developments. 6. Subject to the approval of the shareholders in the ensuing Annual General Meeting of the company the Board of Directors has recommended the final dividend of 40 percentage Rs. 4 per share of the face value of Rs. 10 each aggregating to Rs. 951.41 lakhs. 7. The Group had discontinued recognizing its share of losses of Rs. 12.17 lakhs from its investment in Toyota Boshoku Relan India Private Limited joint venture after the accumulated losses exceeded the carrying amount of the investment of Rs. 0.50 lakhs. If the joint venture subsequently reports profits, the Group will resume recognizing its share of profits only after the profits equal the previously unrecognized losses. 8. The figures for the last quarter are the balancing figures between audited figures in respect of the full financial year upto March 31, 2026 and the unaudited published year to date figures upto December 31, 2025 being the date of the end of the third quarter of the financial year which were subjected to limited review. 9. The Consolidated financial results include the results of the company 2 subsidiary companies 1 associate company and 3 joint venture companies. 10. The above consolidated financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on May 11 2026.

Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2025
Date of end of reporting period		31-03-2026
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	20,159.15
	Capital work-in-progress	1,934.94
	Investment property	0.00
	Goodwill	0.00
	Other intangible assets	6,790.02
	Intangible assets under development	0.00
	Biological assets other than bearer plants	0.00
	Investments accounted for using equity method	0.00
	Non-current financial assets
	Non-current investments	8,252.15
	Trade receivables, non-current	0.00
	Loans, non-current	0.00
	Other non-current financial assets
1	Other non-current financial assets	420.26
	Total of other non-current financial assets	420.26
	Total non-current financial assets	8,672.41
	Deferred tax assets (net)	42.42
	Other non-current assets
1	Other non-current assets	591.42
	Total of other non-current assets	591.42
	Total non-current assets	38,190.36
2	Current assets
	Inventories	4,770.76
	Current financial asset
	Current investments	0.00
	Trade receivables, current	10,081.65
	Cash and cash equivalents	1,510.28
	Bank balance other than cash and cash equivalents	815.46
	Loans, current	0.00
	Other current financial assets
	Total of other current financial assets	315.73
	Total current financial assets	12,723.12
	Current tax assets (net)
	Other current assets
1	Other current assets	617.73
	Total of other current assets	617.73
	Total current assets	18,111.61
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	56,301.97
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	2,378.53
	Other equity	33,393.34
	Total equity attributable to owners of parent	35,771.87
	Non controlling interest
	Total equity	35,771.87
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	0.00
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities
1	Other non-current financial liabilities	5,442.61
	Total of other non-current financial liabilities	5,442.61
	Total non-current financial liabilities	5,442.61
	Provisions, non-current	267.92
	Deferred tax liabilities (net)	0.00
	Deferred government grants, Non-current	0.00
	Other non-current liabilities
	Total of other non-current liabilities
	Total non-current liabilities	5,710.53
	Current liabilities
	Current financial liabilities
	Borrowings, current	0.00
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	988.99
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	11,507.22
	Total Trade payable	12,496.21
	Other current financial liabilities
1	Other current financial liabilities	1,445.26
	Total of other current financial liabilities	1,445.26
	Total current financial liabilities	13,941.47
	Other current liabilities	784.02
1	Other current liabilities	784.02
	Total of other current liabilities	784.02
	Provisions, current	75.29
	Current tax liabilities (Net)	18.79
	Deferred government grants, Current
	Total current liabilities	14,819.57
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	20,530.10
	Total equity and liabilites	56,301.97
	Disclosure of notes on assets and liabilities

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

Amount in (Lakhs)

Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-01-2026	01-04-2025
Date of end of reporting period		31-03-2026	31-03-2026
Whether results are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income

Amount in (Lakhs)

Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-01-2026	01-04-2025
B	Date of end of reporting period	31-03-2026	31-03-2026
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Re-measurement gains/(losses) on defined benefit plans	23.77	8.52
2	Re-measurement gains/(losses) on share of other comprehensive income of associate and joint ventures	(2.11)	(5.86)
	Total Amount of items that will not be reclassified to profit and loss	21.66	2.66
2	Income tax relating to items that will not be reclassified to profit or loss	5.97	2.14
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss
5	Total Other comprehensive income	15.69	0.52

Cash flow statement, indirect

Amount in (Lakhs)

Particulars			Year ended (dd-mm-yyyy)
A	Date of start of reporting period		01-04-2025
B	Date of end of reporting period		31-03-2026
C	Whether results are audited or unaudited		Audited
D	Nature of report standalone or consolidated		Consolidated
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax		6,854.04
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs		328.02
	Adjustments for decrease (increase) in inventories		(342.92)
	Adjustments for decrease (increase) in trade receivables, current		(733.51)
	Adjustments for decrease (increase) in trade receivables, non-current		0.00
	Adjustments for decrease (increase) in other current assets		(80.04)
	Adjustments for decrease (increase) in other non-current assets		0.00
	Adjustments for other financial assets, non-current		0.00
	Adjustments for other financial assets, current		(1,581.97)
	Adjustments for other bank balances		0.00
	Adjustments for increase (decrease) in trade payables, current		(580.50)
	Adjustments for increase (decrease) in trade payables, non-current		0.00
	Adjustments for increase (decrease) in other current liabilities		(638.88)
	Adjustments for increase (decrease) in other non-current liabilities		0.00
	Adjustments for depreciation and amortisation expense		2,109.70
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss		0.00
	Adjustments for provisions, current		151.79
	Adjustments for provisions, non-current		0.00
	Adjustments for other financial liabilities, current		151.16
	Adjustments for other financial liabilities, non-current		0.00
	Adjustments for unrealised foreign exchange losses gains		10.22
	Adjustments for dividend income		0.00
	Adjustments for interest income		106.09
	Adjustments for share-based payments		0.00
	Adjustments for fair value losses (gains)		0.00
	Adjustments for undistributed profits of associates		0.00
	Other adjustments for which cash effects are investing or financing cash flow		0.00
	Other adjustments to reconcile profit (loss)		(32.27)
	Other adjustments for non-cash items		0.00
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships		0.00
	Total adjustments for reconcile profit (loss)		(1,345.29)
	Net cash flows from (used in) operations		5,508.75
	Dividends received		0.00
	Interest paid		0.00
	Interest received		0.00
	Income taxes paid (refund)		1,796.73
	Other inflows (outflows) of cash		0.00
	Net cash flows from (used in) operating activities		3,712.02
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses		0.00
	Cash flows used in obtaining control of subsidiaries or other businesses		0.00
	Other cash receipts from sales of equity or debt instruments of other entities		0.00
	Other cash payments to acquire equity or debt instruments of other entities		1,000.00
	Other cash receipts from sales of interests in joint ventures		0.00
	Other cash payments to acquire interests in joint ventures		0.00
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships		0.00
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships		0.00
	Proceeds from sales of property, plant and equipment		18.78
	Purchase of property, plant and equipment		7,343.83
	Proceeds from sales of investment property		0.00
	Purchase of investment property		0.00
	Proceeds from sales of intangible assets		0.00
	Purchase of intangible assets		(1,700.00)
	Proceeds from sales of intangible assets under development		0.00
	Purchase of intangible assets under development		0.00
	Proceeds from sales of goodwill		0.00
	Purchase of goodwill		0.00
	Proceeds from biological assets other than bearer plants		0.00
	Purchase of biological assets other than bearer plants		0.00
	Proceeds from government grants		0.00
	Proceeds from sales of other long-term assets		8,447.97
	Purchase of other long-term assets		8,051.02
	Cash advances and loans made to other parties		0.00
	Cash receipts from repayment of advances and loans made to other parties		0.00
	Cash payments for future contracts, forward contracts, option contracts and swap contracts		0.00
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts		0.00
	Dividends received		198.00
	Interest received		108.98
	Income taxes paid (refund)		0.00
	Other inflows (outflows) of cash		0.00
	Net cash flows from (used in) investing activities	(5,921.12)
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries		0.00
	Payments from changes in ownership interests in subsidiaries		0.00
	Proceeds from issuing shares		0.00
	Proceeds from issuing other equity instruments		0.00
	Payments to acquire or redeem entity's shares		0.00
	Payments of other equity instruments		0.00
	Proceeds from exercise of stock options		0.00
	Proceeds from issuing debentures notes bonds etc		0.00
	Proceeds from borrowings		0.00
	Repayments of borrowings		0.00
	Payments of lease liabilities		384.49
	Dividends paid		648.33
	Interest paid		327.86
	Income taxes paid (refund)		0.00
	Other inflows (outflows) of cash		0.00
	Net cash flows from (used in) financing activities		(1,360.68)
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes		(3,569.78)
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents		0.00
	Net increase (decrease) in cash and cash equivalents		(3,569.78)
	Cash and cash equivalents cash flow statement at beginning of period		5,080.06
	Cash and cash equivalents cash flow statement at end of period		1,510.28

Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited	Audited
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration 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 results	Yes

Sr No.	Audit firm's name	Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI	Certificate valid upto
1	SR Batliboi & Co LLP	Yes	31-07-2027