Integrated Filing — IndAS



General information about company

Scrip Code 541163
NSE Symbol SANDHAR
MSEI Symbol NOTLISTED
ISIN INE278H01035
Name of company SANDHAR TECHNOLOGIES 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 21-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 14-05-2026
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 Geographical
Description of single segment
Start date and time of board meeting 21-05-2026   11:15:00
End date and time of board meeting 21-05-2026   14:05:00
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 1,30,698.64 4,85,208.61
Other income 1,586.23 7,535.70
Total income 1,32,284.87 4,92,744.31
2 Expenses
(a) Cost of materials consumed 83,376.43 3,10,059.07
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 125.53 (4,122.76)
(d) Employee benefit expense 15,403.31 61,446.91
(e) Finance costs 1,766.48 6,876.81
(f) Depreciation, depletion and amortisation expense 5,003.90 19,336.01
(f) Other Expenses
1 Other expenses 18,895.16 74,063.48
Total other expenses 18,895.16 74,063.48
Total expenses 1,24,570.81 4,67,659.52
3 Total profit before exceptional items and tax 7,714.06 25,084.79
4 Exceptional items 187.02 489.91
5 Total profit before tax 7,901.08 25,574.70
6 Tax expense
7 Current tax 1,518.70 5,708.77
8 Deferred tax 0.00 0.00
9 Total tax expenses 1,518.70 5,708.77
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 6,382.38 19,865.93
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 0.00 0.00
16 Total profit (loss) for period 6,382.38 19,865.93
17 Other comprehensive income net of taxes 761.63 1,623.30
18 Total Comprehensive Income for the period 7,144.01 21,489.23
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 6,382.38 19,865.93
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 7,144.01 21,489.23
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 6,019.07 6,019.07
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 1,27,293.61
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 10.6 33
Diluted earnings (loss) per share from continuing operations 10.6 33
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 10.6 33
Diluted earnings (loss) per share from continuing and discontinued operations 10.6 33
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) Notes : 1 The above statement of audited consolidated financial results (the Statement) for the quarter and year ended 31 March 2026, has been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 21 May 2026. The same along with the report of the Statutory auditor has been filed with the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) and is also available on the Company's website at www.sandhargroup.com. The audited consolidated financial results have been prepared in accordance with the recognition and measurement principles of the Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013. 2 Particulars of subsidiaries, step-down subsidiaries and joint ventures as on 31 March 2026: a) Subsidiaries and step-down subsidiaries - (i) Sandhar Technologies Barcelona S.L. - subsidiary (ii) Sandhar Technologies Poland sp. Zoo - step-down subsidiary (iii) Sandhar Technologies de Mexico S de RL de CV - step-down subsidiary (iv) Sandhar Technologies Ro SRL - step-down subsidiary (v) Sandhar Ascast Private Limited (formerly known as Sandhar Tooling Private Limited) - subsidiary (vi) Sandhar Auto Castings Private Limited - subsidiary (vii) Sandhar Auto Electric Solutions Private Limited - subsidiary (viii) Sandhar Engineering Private Limited- subsidiary (ix) Sandhar Automotive Systems Private Limited - subsidiary b) Joint Ventures - (i) Sandhar Han Sung Technologies Private Limited (ii) Sandhar Amkin Industries Private Limited (iii) Sandhar Whetron Electronics Private Limited (iv) Sandhar Han Shin Auto Technologies Private Limited (v) Winnercom Sandhar Technologies Private Limited 3 During the year ended 31 March 2026, the Group completed the sale of assets of Peenya plant, which had been classified as a non-current asset held for sale as at 31 March 2025. The assets, had a carrying amount of Rs. 2,699.31 lacs at the time of classification. The assets were sold during the year for total proceeds of Rs. 6,100 lacs, resulting in a gain on disposal amounting to Rs. 3,400.69 lacs , which has been recognized under Other income in the statement of profit or loss. 4(a) During the year ended 31 March 2025, the Group conducted an impairment review of its investment in equity shares of Sandhar Whetron Electronics Private Limited. Based on the updated assessment, the recoverable amount of the investment, determined using the value-in-use method, exceeded its carrying amount. As a result, the Group has�reversed�the impairment loss of Rs. 231.70 lacs which was previously recognized during the earlier years. 4(b) The Government of India notified the provisions of the four new Labour Codes (Labour Codes) on 21 November 2025, thereby consolidating twenty-nine existing labour laws into a comprehensive and unified framework. Among other changes, the Labour Codes provide a unified definition of wages to be applied across various employee benefit computations. In accordance with Ind AS 19 - Employee Benefits, the Group has recognised one-time expense of Rs 278.39 lacs towards increase in the gratuity and compensated absences liabilities. The Group continues to monitor the finalisation of Central/State Rules. 5 Refer Annexure 1 to the Statement for disclosure with respect to segment revenue, segment results and segment assets and liabilities for the quarter and year ended 31 March 2026. 6 The Board of Directors at its Meeting held on 21 May 2026, has recommended a final dividend @ 40 % i.e. Rs. 4 per equity share. The dates of the book closure for the entitlement of such final dividend and Annual General Meeting shall be decided and informed in due course of time. 7 The figures for the quarter ended 31 March 2026 and the corresponding quarter ended in the previous year as reported in the Statement, are the balancing figures between the audited figures in respect of the full financial year and the unaudited published figures up to the third quarter ended 31 December of respective years, which have been reviewed by the statutory auditors. 8 The standalone results of the Company are available on the Companys website www.sandhargroup.com. The key standalone financial information of the Company is given below: Particulars Quarter ended Year ended 31 March 2026 31 March 2026 Audited Audited Revenue from operations 77,425.43 3,04,443.58 Profit from operations after exceptional items and before tax 5,731.31 23,117.11 Tax expense 1,094.47 5,205.68 Net profit after tax 4,636.84 17,911.43 Other comprehensive income/ (loss), net of income tax 105.75 688.40 Total comprehensive income for the period/ year 4,742.59 18,599.83 9 Exceptional Items includes profit from Joint ventures as well. For and on behalf of the Board of Directors of Sandhar Technologies Limited Place : New Delhi JAYANT DAVAR Date : 21 May 2026 Executive Chairman (Executive Director) & Chief Executive Officer DIN:00100801



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 1,50,537.76
Capital work-in-progress 10,040.79
Investment property 0.00
Goodwill 7,713.95
Other intangible assets 6,950.20
Intangible assets under development 1,471.99
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 5,900.76
Non-current financial assets
Non-current investments 700.58
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Other financial assets 4,823.70
Total of other non-current financial assets 4,823.70
Total non-current financial assets 5,524.28
Deferred tax assets (net) 1,657.04
Other non-current assets
1 Income-tax assets (net) 1,090.80
2 Other non-current assets 2,368.23
Total of other non-current assets 3,459.03
Total non-current assets 1,93,255.80
2 Current assets
Inventories 55,983.99
Current financial asset
Current investments 95.85
Trade receivables, current 82,305.87
Cash and cash equivalents 5,108.61
Bank balance other than cash and cash equivalents 7.44
Loans, current 45.84
Other current financial assets
Total of other current financial assets 2,709.39
Total current financial assets 90,273.00
Current tax assets (net) 0.00
Other current assets
1 Other current assets 7,115.19
Total of other current assets 7,115.19
Total current assets 1,53,372.18
3 Non-current assets classified as held for sale 939.66
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 3,47,567.64
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 6,019.07
Other equity 1,27,293.61
Total equity attributable to owners of parent 1,33,312.68
Non controlling interest 0.00
Total equity 1,33,312.68
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 26,502.42
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Lease liabilities 17,301.96
2 Other financial liabilities 1,701.72
Total of other non-current financial liabilities 19,003.68
Total non-current financial liabilities 45,506.10
Provisions, non-current 919.86
Deferred tax liabilities (net) 0.00
Deferred government grants, Non-current 4,341.31
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 50,767.27
Current liabilities
Current financial liabilities
Borrowings, current 68,312.17
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 18,930.34
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 59,275.45
Total Trade payable 78,205.79
Other current financial liabilities
1 Lease liabilities 2,644.39
2 Other financial liabilities 6,034.22
Total of other current financial liabilities 8,678.61
Total current financial liabilities 1,55,196.57
Other current liabilities 5,446.03
1 Other current liabilities 5,446.03
Total of other current liabilities 5,446.03
Provisions, current 1,217.64
Current tax liabilities (Net) 1,627.45
Deferred government grants, Current
Total current liabilities 1,63,487.69
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 2,14,254.96
Total equity and liabilites 3,47,567.64
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)
1 India 1,18,540.77 4,38,383.76
2 Overseas 12,157.87 46,824.85
Total Segment Revenue 1,30,698.64 4,85,208.61
Less: Inter segment revenue 0.00 0.00
Revenue from operations 1,30,698.64 4,85,208.61
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 India 8,992.67 32,717.70
2 Overseas 674.89 12.20
Total Profit before tax 9,667.56 32,729.90
i. Finance cost 1,766.48 6,876.81
ii. Other Unallocable Expenditure net off Unallocable income 0.00 278.39
Profit before tax 7,901.08 25,574.70
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 India 2,67,699.14 2,67,699.14
2 Overseas 79,868.50 79,868.50
Total Segment Asset 3,47,567.64 3,47,567.64
Un-allocable Assets 0.00 0.00
Net Segment Asset 3,47,567.64 3,47,567.64
4 Segment Liabilities
Segment Liabilities
1 India 1,39,016.82 1,39,016.82
2 Overseas 75,238.14 75,238.14
Total Segment Liabilities 2,14,254.96 2,14,254.96
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 2,14,254.96 2,14,254.96
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 Gain/ (loss) on remeasurement of defined benefit obligation 198.97 595.21
Total Amount of items that will not be reclassified to profit and loss 198.97 595.21
2 Income tax relating to items that will not be reclassified to profit or loss 47.44 169.18
3 Amount of items that will be reclassified to profit and loss
1 Exchange differences in translating the financial statements of foreign operations 610.10 1,197.27
Total Amount of items that will be reclassified to profit and loss 610.10 1,197.27
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 761.63 1,623.30



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 25,574.70
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0.00
Adjustments for decrease (increase) in inventories (15,035.45)
Adjustments for decrease (increase) in trade receivables, current (26,668.34)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (348.94)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current (2,349.70)
Adjustments for other financial assets, current 78.83
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 25,110.15
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (363.22)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 19,336.01
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 894.44
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current (1,232.85)
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (4.50)
Adjustments for dividend income 0.00
Adjustments for interest income 0.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (0.68)
Adjustments for undistributed profits of associates 768.30
Other adjustments for which cash effects are investing or financing cash flow (1,376.02)
Other adjustments to reconcile profit (loss) (3,400.69)
Other adjustments for non-cash items 66.05
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (6,063.21)
Net cash flows from (used in) operations 19,511.49
Dividends received 0.00
Interest paid (6,876.81)
Interest received (194.95)
Income taxes paid (refund) 5,202.35
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 20,991.00
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 0.00
Other cash receipts from sales of interests in joint ventures 338.82
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 1,778.15
Purchase of property, plant and equipment 29,885.35
Proceeds from sales of investment property 6,100.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
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 0.00
Purchase of other long-term assets 271.91
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 0.00
Interest received 251.94
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (407.21)
Net cash flows from (used in) investing activities (22,095.56)
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 24,270.36
Repayments of borrowings 11,578.93
Payments of lease liabilities 1,584.71
Dividends paid 2,106.67
Interest paid 6,200.84
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 2,799.21
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 1,694.65
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents (4,695.22)
Net increase (decrease) in cash and cash equivalents (3,000.57)
Cash and cash equivalents cash flow statement at beginning of period 8,109.18
Cash and cash equivalents cash flow statement at end of period 5,108.61





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 BSR & CO. LLP Yes 30-04-2029