Integrated Filing — IndAS


General information about company

Scrip Code 505790
NSE Symbol SCHAEFFLER
MSEI Symbol NOTLISTED
ISIN INE513A01022
Name of company Schaeffler India Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Jan-2025
Date of end of financial year 31-Dec-2025
Date of board meeting when results were approved 29-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 14-Apr-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
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 Multi segment
Description of single segment
Start date and time of board meeting 29-Apr-2025   14:00:00
End date and time of board meeting 29-Apr-2025   16:20:00
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
Whether the company has any related party?
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.
Whether the company is a high value debt listed entity according to regulation 15 (1A)?
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
The disclosure for the default on Loans and debt securities is not applicable to the Company in reporting quarter



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-Jan-2025
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
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 21100200000
Other income 351000000
Total income 21451200000
2 Expenses
(a) Cost of materials consumed 9206400000
(b) Purchases of stock-in-trade 3510500000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 154500000
(d) Employee benefit expense 1281000000
(e) Finance costs 14600000
(f) Depreciation, depletion and amortisation expense 793000000
(f) Other Expenses
1 Other Expenses 2934100000 2934100000
Total other expenses 2934100000
Total expenses 17894100000
3 Total profit before exceptional items and tax 3557100000
4 Exceptional items 0
5 Total profit before tax 3557100000
6 Tax expense
7 Current tax 871900000
8 Deferred tax 31100000
9 Total tax expenses 903000000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations 2654100000
12 Profit (loss) from discontinued operations before tax 0
13 Tax expense of discontinued operations 0
14 Net profit (loss) from discontinued operation after tax 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0
16 Total profit (loss) for period 2654100000
17 Other comprehensive income net of taxes 11500000
18 Total Comprehensive Income for the period 2665600000
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 312600000
Face value of equity share capital 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 17
Diluted earnings (loss) per share from continuing operations 17
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0
Diluted earnings (loss) per share from discontinued operations 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 17
Diluted earnings (loss) per share from continuing and discontinued operations 17
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results 1. The above standalone financial results for the quarter ended March 31, 2025 were reviewed by the Audit Committee at their meeting held on April 29, 2025 and approved by the Board of Directors at their meeting held on April 29, 2025. The statutory auditors have performed limited review on above standalone financial result for the quarter ended March 31, 2025 n2. The figures for the preceding quarter ended December 31, 2024 are the balancing figures between audited figures in respect of the full financial year and the published year-to-date figures up to the third quarter of the respective financial year. Also the figures up to the end of the third quarter were only reviewed and not subjected to audit. n3. The figures for the previous year/quarters have been regrouped/reclassified wherever necessary, to make them comparable. The impact of such reclassification/regrouping is not material to the financial results.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


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-Jan-2025
Date of end of reporting period 31-Mar-2025
Whether accounts are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Mobility components and related solutions1) 15875200000 15875200000
2 Others 5225000000 5225000000
Total Segment Revenue 21100200000
Less: Inter segment revenue 0 0
Revenue from operations 21100200000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Mobility components and related solutions1) 2157800000 2157800000
2 Others 1062900000 1062900000
Total Profit before tax 3220700000
i. Finance cost 14600000 14600000
ii. Other Unallocable Expenditure net off Unallocable income -351000000 -351000000
Profit before tax 3557100000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Mobility components and related solutions1) 47340800000 47340800000
2 Others 7178400000 7178400000
Total Segment Asset 54519200000 54519200000
Un-allocable Assets 18373300000 18373300000
Net Segment Asset 72892500000 72892500000
4 Segment Liabilities
Segment Liabilities
1 Mobility components and related solutions1) 11070700000 11070700000
2 Others 3315700000 3315700000
Total Segment Liabilities 14386400000 14386400000
Un-allocable Liabilities 2007500000 2007500000
Net Segment Liabilities 16393900000 16393900000
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) 1)As a result of the CODM's review mechanism, within segment “Mobility components and related solutions” there have been products / business reclassification within Automotive Technologies, Vehicle Lifetime Solution and Bearings & Industrial Solutions n2)Intercompany Export & Others mainly includes exports to group companies, scrap sales and other operating income n3)Property, plant and equipment (PPE) of the Company is predominantly used for ‘Mobility components and related solutions’ and hence has been disclosed as a segment asset under that reportable segment.



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-Jan-2025
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit or loss 15300000 15300000
Total Amount of items that will not be reclassified to profit and loss 15300000
2 Income tax relating to items that will not be reclassified to profit or loss 3800000
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 0
5 Total Other comprehensive income 11500000







Details of Impact of Audit Qualification

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 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 Walker Chandiok & Co LLP Yes 31-May-2025


Financial details

Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income
2 Total Expenditure
3 Net Profit/(Loss)
4 Earnings Per Share
5 Total Assets
6 Total Liabilities
7 Net Worth




Signatories detail

Name of CEO / Managing director
Name of CFO
Name of audit committee chairman
Name of statutory auditor
Name of other signatory, if any, with designation
Place
Date



Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity /subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
Total value of transaction during the reporting period





Format for Disclosing Outstanding Default on Loans and Debt Securities

Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
3. Total financial indebtedness of the listed entity including short-term and long-term debt