Integrated Filing — IndAS



General information about company

Scrip Code 544217
NSE Symbol SANSTAR
MSEI Symbol NOTLISTED
ISIN INE08NE01025
Name of company SANSTAR LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 13-08-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 06-08-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment Manufacturing of starch & derivative
Start date and time of board meeting 13-08-2026   17:30:00
End date and time of board meeting 13-08-2026   18:15:00
Whether cash flow statement is applicable on company
Type of cash flow statement
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 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 20,616.00 20,616.00
Other income 277.00 277.00
Total income 20,893.00 20,893.00
2 Expenses
(a) Cost of materials consumed 12,873.00 12,873.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 854.00 854.00
(d) Employee benefit expense 615.00 615.00
(e) Finance costs 34.00 34.00
(f) Depreciation, depletion and amortisation expense 526.00 526.00
(f) Other Expenses
1 Other Expenses 4,736.00 4,736.00
Total other expenses 4,736.00 4,736.00
Total expenses 19,638.00 19,638.00
3 Total profit before exceptional items and tax 1,255.00 1,255.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 1,255.00 1,255.00
6 Tax expense
7 Current tax 140.00 140.00
8 Deferred tax 194.00 194.00
9 Total tax expenses 334.00 334.00
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 921.00 921.00
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 921.00 921.00
17 Other comprehensive income net of taxes 0.00 0.00
18 Total Comprehensive Income for the period 921.00 921.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total 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
21 Details of equity share capital
Paid-up equity share capital 4,005.00 4,005.00
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.5 0.5
Diluted earnings (loss) per share from continuing operations 0.5 0.5
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 0.5 0.5
Diluted earnings (loss) per share from continuing and discontinued operations 0.5 0.5
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 to the Unaudited Consolidated Financial Results: The above consolidated financial results have been reviewed and recommended by the Audit Committee at its meeting held on August 13 2026 The Board of Directors at its meeting held on August 13 2026 have approved the above results and taken them on record The statutory auditors of the Company have carried out a Limited Review of the aforesaid results and have expressed an unmodified review conclusion The unaudited consolidated financial results comprise the unaudited standalone financial results of Sanstar Limited (the Company) and its share of the results of Spark Ingredients Private Limited (the Associate) in which the Company acquired a 30% shareholding on June 13 2026 by subscribing to 150000 equity shares of Rs.10 each for a consideration of Rs.015 Crore The Associate has been accounted for using the equity method in accordance with Ind AS 28 Investments in Associates and Joint Ventures The Company does not have any subsidiary The Company is presenting consolidated financial results for the first time in the current period Accordingly the corresponding financial information for the quarter ended June 30 2025 represents the previously published unaudited standalone financial results of the Company which were subjected to limited review by the statutory auditors and the corresponding financial information for the quarter and year ended March 31 2026 represents the previously published audited standalone financial results of the Company The Company operates in a single operating segment namely Manufacturing and trading of commodities Accordingly no separate segment information is required to be disclosed in accordance with Ind AS 108 Operating Segments notified under Section 133 of the Companies Act 2013 The above consolidated financial results of the Company and its associate have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act 2013 read with the Companies (Indian Accounting Standards) Rules 2015 (as amended) and in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 as amended The figures for the quarter ended March 31 2026 are the balancing figures between the audited figures in respect of full financial year and the unaudited published figures up to the nine months of the relevant financial year which were subjected to limited review by the statutory auditors During the quarter ended June 30 2026 the Company has completed its Preferential Issue of 18024157 equity shares of face value of Rs 2 each on a Private Placement basis to Com Products Development Inc a Non Promoter at an issue price of Rs 110 per share (including securities premium of Rs 108) aggregating to Rs 19827 Crore The equity shares have been allotted on June 24 2026 As at June 30 2026 the unutilised amounts have been temporarily invested in fixed deposits with a On November 21 2025 the Government of India notified provisions of the Code on Wages 2010 the Industrial Relations Code 2020 the Code on Social Security 2020 and the Occupational Safety Health and Working Conditions Code 2020 (Labour Codes) which consolidate twentynine existing labour laws into a unified framework governing employee benefits during employment and postemployment The Labour Codes amongst other things introduced changes including a uniform definition of wages and enhanced benefits relating to leave The Company had assessed the financial implications of these changes which had resulted in increase in gratuity liability arising out of past service cost by Rs 067 Crore The Company has presented this incremental amount under Employee benefits expense in the Statement of Profit and Loss for the quarter and year ended March 31 2026 The Company continues to monitor the final notification of Central State Rules and clarifications from the Government on other aspects of Labour Code and will evaluate the impact if any on the measurement of liability pertaining to employee benefits in future The consolidated financial results are presented in Rs in Crore except when otherwise indicated and D denotes amount less than rupees fifty thousand



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


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 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
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 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
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
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss
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





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
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 No
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 S C Bapna & Associates Yes 31-12-2028