Integrated Filing — IndAS

General information about company
Scrip Code	526885
NSE Symbol	SARLAPOLY
MSEI Symbol	NOTLISTED
ISIN	INE453D01025
Name of company	SARLA PERFORMANCE FIBERS LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	25-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	21-Apr-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Half Yearly
Reporting Quarter	Yearly
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	Multi segment
Description of single segment
Start date and time of board meeting	25-Apr-2025   18:12:00
End date and time of board meeting	25-Apr-2025   22:50:00
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	Not applicable

Financial Results Ind-AS
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-Oct-2024	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue 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.
1	Income
	Revenue from operations	2024147000	4271009000
	Other income	21954000	251892000
	Total income	2046101000	4522901000
2	Expenses
(a)	Cost of materials consumed	869298000	2008227000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-68738000	-101568000
(d)	Employee benefit expense	106245000	212854000
(e)	Finance costs	66022000	106442000
(f)	Depreciation, depletion and amortisation expense	126555000	250216000
(f)	Other Expenses
1	Other expenses	639917000	1258143000
	Total other expenses	639917000	1258143000
	Total expenses	1739299000	3734314000
3	Total profit before exceptional items and tax	306802000	788587000
4	Exceptional items	0	0
5	Total profit before tax	306802000	788587000
6	Tax expense
7	Current tax	43106000	164996000
8	Deferred tax	0	0
9	Total tax expenses	43106000	164996000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	263696000	623591000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	263696000	623591000
17	Other comprehensive income net of taxes	-10324000	-8109000
18	Total Comprehensive Income for the period	253372000	615482000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	264754100	623574100
	Total profit or loss, attributable to non-controlling interests	-1061700	-1061700
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	-10285100	-8124200
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	-38900	15500
21	Details of equity share capital
	Paid-up equity share capital	83503000	83503000
	Face value of equity share capital	1	1
27	Details of debt securities
22	Reserves excluding revaluation reserve		0
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	3.17	7.47
	Diluted earnings (loss) per share from continuing operations	3.17	7.47
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	3.17	7.47
	Diluted earnings (loss) per share from continuing and discontinued operations	3.17	7.47
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		NOTES :ttttttttttt n1tThe Audit Committee has reviewed these results and the Board of Directors have approved the above results at their meeting held on 25th April, 2025.tttttttttt n2tFigures for lhe quarter ended on 31st March, 2025 and corresponding quarter ended in the previous year as reported in these consolidated financial results are the balancing figures in respect of the full financial year and the published year-to-date fig ures upto the end or third quarter oi the relevant financial year. Also the figures upto the end of third quarter had only been reviewed and not subjected lo audit.tttttttttt n3ta. As at 30th September, 2024, Company has tested for the impairment of investments in Sarlaflex, Inc. Based on the Impairment assessment of these investments by comparing the carrying value to their recoverable amount, impairment provision amounting to Rs. 440 lakhs has been recognised in the Statement of Profit and Loss as an exceptional item. For the purpose of impairment testing, recoverable amount has been determined considering valuation report obtained from an external expert.tttttttttt nttttttttttt ntb. The company has paid Rs.359.85 lakhs inclusive of interest and penalty towards the labilities arising form disallowance of input tax credit pursuant to an audit conducted by GST authorities. This amount has been recognized in the statement of Profit and Losstttttttttt ntc. The Company has created a provision aggregating to Rs 505.60 Lakhs towards loans and advances given to Wholly Subsidiary Companytttttttttt n4tThe Board of Directors of the Holding Company declared an final dividend of INR. 3.00/- per equity share of INR 1/- each on 25th April, 2025tttttttttt nttttttttttt n5tThe company's' business activity falls under two business segment- Yarn and Wind Power is as under:tttttttttt n

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	2386645000
	Capital work-in-progress
	Investment property
	Goodwill	0
	Other intangible assets	3062000
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	2362544000
	Trade receivables, non-current
	Loans, non-current	835000
	Other non-current financial assets	8293000
	Total non-current financial assets	2371672000
	Deferred tax assets (net)	4432000
	Other non-current assets	41233000
	Total non-current assets	4807044000
2	Current assets
	Inventories	999212000
	Current financial asset
	Current investments	493425000
	Trade receivables, current	944471000
	Cash and cash equivalents	24824000
	Bank balance other than cash and cash equivalents	3530000
	Loans, current	1481000
	Other current financial assets	122372000
	Total current financial assets	1590103000
	Current tax assets (net)
	Other current assets	130287000
	Total current assets	2719602000
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	7526646000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	83503000
	Other equity	4815191000
	Total equity attributable to owners of parent	4898694000
	Non controlling interest	686000
	Total equity	4899380000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	177542000
	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	67997000
	Total non-current financial liabilities	245539000
	Provisions, non-current	11250000
	Deferred tax liabilities (net)	188399000
	Deferred government grants, Non-current
	Other non-current liabilities
	Total non-current liabilities	445188000
	Current liabilities
	Current financial liabilities
	Borrowings, current	1546921000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	14395000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	307884000
	Total Trade payable	322279000
	Other current financial liabilities	213773000
	Total current financial liabilities	2082973000
	Other current liabilities	44693000
	Provisions, current	7626000
	Current tax liabilities (Net)	46786000
	Deferred government grants, Current
	Total current liabilities	2182078000
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	2627266000
	Total equity and liabilites	7526646000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
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-Oct-2024	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts 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	Yarn	2009226000	4218419000
2	Wind Power	19385000	65102000
	Total Segment Revenue	2028611000	4283521000
	Less: Inter segment revenue	4465000	4465000
	Revenue from operations	2024146000	4271009000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Yarn	544973000	1118283000
2	Wind Power	-36183000	-30984000
	Total Profit before tax	508790000	1087299000
	i. Finance cost	66022000	66022000
	ii. Other Unallocable Expenditure net off Unallocable income	135967000	135967000
	Profit before tax	306801000	788588000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Yarn	4165299000	4165299000
2	Wind Power	497413000	497413000
	Total Segment Asset	4662712000	4662712000
	Un-allocable Assets	2863931000	2863931000
	Net Segment Asset	7526643000	7526643000
4	Segment Liabilities
	Segment Liabilities
1	Yarn	899373000	899373000
2	Wind Power	15578000	15578000
	Total Segment Liabilities	914951000	914951000
	Un-allocable Liabilities	1712311000	1712311000
	Net Segment Liabilities	2627262000	2627262000
	Disclosure of notes on segments

Other Comprehensive Income
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-Oct-2024	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
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	Remeasurement of defined benefit plan	-2374000	-194000
2	Foreign exchange differences in translating financial statements of foreign operations	-8547000	-7964000
	Total Amount of items that will not be reclassified to profit and loss	-10921000	-8158000
2	Income tax relating to items that will not be reclassified to profit or loss	-597000	-49000
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	-10324000	-8109000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			788587000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			102074000
	Adjustments for decrease (increase) in inventories			-151923000
	Adjustments for decrease (increase) in trade receivables, current			-32964000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-57120000
	Adjustments for decrease (increase) in other non-current assets			-73968000
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-67768000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			250216000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			50560000
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			26870000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			8096000
	Adjustments for dividend income			0
	Adjustments for interest income			32049000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			-3346000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-908000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			17770000
	Net cash flows from (used in) operations			806357000
	Dividends received			-5801000
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			176535000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			624021000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			137000
	Purchase of property, plant and equipment			205512000
	Proceeds from sales of investment property			0
	Purchase of investment property			821517000
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			289000
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			110000
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			5801000
	Interest received			32049000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			87821000
	Net cash flows from (used in) investing activities	-901620000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			388216000
	Repayments of borrowings			1056000
	Payments of lease liabilities			18638000
	Dividends paid			0
	Interest paid			102992000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			265530000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-12069000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-12069000
	Cash and cash equivalents cash flow statement at beginning of period			36892000
	Cash and cash equivalents cash flow statement at end of period			24823000