Integrated Filing — IndAS

General information about company
Scrip Code	543743
NSE Symbol	SAH
MSEI Symbol	NOTLISTED
ISIN	INE035801013
Name of company	SAH POLYMERS 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	05-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	29-Apr-2025
Description of presentation currency	INR (in Actuals)
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	Multi segment
Description of single segment
Start date and time of board meeting	05-May-2025   15:30:00
End date and time of board meeting	05-May-2025   16:15:00
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
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	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	338886000	1292353000
	Other income	8497000	21564000
	Total income	347383000	1313917000
2	Expenses
(a)	Cost of materials consumed	164670000	750571000
(b)	Purchases of stock-in-trade	18837000	48065000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	45199000	-49959000
(d)	Employee benefit expense	20922000	90262000
(e)	Finance costs	7527000	31901000
(f)	Depreciation, depletion and amortisation expense	7434000	26505000
(f)	Other Expenses
1	Other Expenses	87344000	412767000
	Total other expenses	87344000	412767000
	Total expenses	351933000	1310112000
3	Total profit before exceptional items and tax	-4550000	3805000
4	Exceptional items	0	0
5	Total profit before tax	-4550000	3805000
6	Tax expense
7	Current tax	-575000	977000
8	Deferred tax	-652000	525000
9	Total tax expenses	-1227000	1502000
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	-3323000	2303000
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	-3323000	2303000
17	Other comprehensive income net of taxes	0	0
18	Total Comprehensive Income for the period	-3323000	2303000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	-3570000	2022000
	Total profit or loss, attributable to non-controlling interests	247000	247000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	-3570000	2022000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	247000	281000
21	Details of equity share capital
	Paid-up equity share capital	257960000	257960000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		614473000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	-0.13	0.09
	Diluted earnings (loss) per share from continuing operations	-0.13	0.09
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	-0.13	0.09
	Diluted earnings (loss) per share from continuing and discontinued operations	-0.13	0.09
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		Figures of the quarter ended 31st March 2025 and 31st March 2024 are the balancing figures between audited figures in respect of the relevant full financial year and published year to date figures up to third quarter of relevant financial year. nNotes n1. The Audit Committee has reviewed the audited Consolidated Financial Results, Segment Results and balance sheet etc. The Board of Directors has approved the above results and its release at their meeting held on May 05 2025.The Company confirms that its statutory auditors, M S H R Jain and Co have issued audit report with unmodified opinion on the consolidated Financial results . n2. There is no exceptional item. n3. Segment information as per Ind AS 108, Operating Segments is disclosed in Annexure 1. n4. This statement is as per Regulation 33 of the SEBl Listing Obligations and Disclosure Requirements Regulations, 2015. n5.These consolidated financial results are available on the Companys website viz www.sahpolymers.com and on the websites of National Stock Exchange Limited www.nseindia.com and BSE Limited www.bseindia.com n6.The standalone financial results for the quarter and year ended March 31, 2025 are summarised below and detailed financial results are available on Companys website www.sahpolymers.com and have been submitted to the National Stock Exchange Limited www.nseindia.com and BSE Limited www.bseindia.com where the equity shares of the Company are listed. n Rs in lakhs nParticulars ttquarter ended on ttt Year ended t ntt 31.03.2025t 31.12.2024t 31.03.2024t31.03.2025t31.03.2024 ntt Auditedt Unauditedt Unauditedt Audited t Audited nIncome from operation 3131.97t 2783.84t 2989.59t11568.49t10295.44 nProfit/(loss) before tax -52.14t 1.25t 11.30t 15.01t 84.18 nProfit(loss) for the period n after taxtt -38.09t 1.12t 8.39t 17.31 t 66.35 nOther Comprehensive Income 0.00t 0.00t 0.00t 0.00t 0.00 nTotal Comprehensive Income n for the period tt-38.09t 1.12t 8.39t 17.31t 66.35 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	515833000
	Capital work-in-progress	0
	Investment property	0
	Goodwill	30781000
	Other intangible assets	106000
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current
	Loans, non-current	0
	Other non-current financial assets	21530000
	Total non-current financial assets	21530000
	Deferred tax assets (net)
	Other non-current assets	811000
	Total non-current assets	569061000
2	Current assets
	Inventories	340495000
	Current financial asset
	Current investments	0
	Trade receivables, current	213499000
	Cash and cash equivalents	37891000
	Bank balance other than cash and cash equivalents	7522000
	Loans, current	45898000
	Other current financial assets	713000
	Total current financial assets	305523000
	Current tax assets (net)	1874000
	Other current assets	60263000
	Total current assets	708155000
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	1277216000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	257960000
	Other equity	614473000
	Total equity attributable to owners of parent	872433000
	Non controlling interest
	Total equity	872433000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	42439000
	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
	Total non-current financial liabilities	42439000
	Provisions, non-current	0
	Deferred tax liabilities (net)	18434000
	Deferred government grants, Non-current
	Other non-current liabilities
	Total non-current liabilities	60873000
	Current liabilities
	Current financial liabilities
	Borrowings, current	240534000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	16404000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	61079000
	Total Trade payable	77483000
	Other current financial liabilities	193000
	Total current financial liabilities	318210000
	Other current liabilities	21111000
	Provisions, current	4589000
	Current tax liabilities (Net)
	Deferred government grants, Current
	Total current liabilities	343910000
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	404783000
	Total equity and liabilites	1277216000
	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-Jan-2025	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	Manufacturing-Flexible Packaging	316243000	1227440000
2	Trading	20484000	55395000
3	Financing	2159000	9518000
4	Other Income	8497000	21564000
	Total Segment Revenue	347383000	1313917000
	Less: Inter segment revenue
	Revenue from operations	347383000	1313917000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Manufacturing-Flexible Packaging	-14611000	-23369000
2	Trading	-811000	-862000
3	Financing	2375000	6472000
4	Other Income	8497000	21564000
	Total Profit before tax	-4550000	3805000
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax	-4550000	3805000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Manufacturing-Flexible Packaging	1230605000	1230605000
2	Trading	0	0
3	Financing	46611000	46611000
4	Other Income	0	0
	Total Segment Asset	1277216000	1277216000
	Un-allocable Assets	0	0
	Net Segment Asset	1277216000	1277216000
4	Segment Liabilities
	Segment Liabilities
1	Manufacturing-Flexible Packaging	375419000	375419000
2	Trading	0	0
3	Financing	29364000	29364000
4	Other Income	0	0
	Total Segment Liabilities	404783000	404783000
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	404783000	404783000
	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-Jan-2025	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
	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

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			3805000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			31901000
	Adjustments for decrease (increase) in inventories			-41468000
	Adjustments for decrease (increase) in trade receivables, current			-1079000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-8473000
	Adjustments for decrease (increase) in other non-current assets			-243000
	Adjustments for other financial assets, non-current			-5000000
	Adjustments for other financial assets, current			-189000
	Adjustments for other bank balances			53644000
	Adjustments for increase (decrease) in trade payables, current			-10756000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-6804000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			26505000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			-76000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-5774000
	Adjustments for dividend income			0
	Adjustments for interest income			1921000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-27000
	Other adjustments to reconcile profit (loss)			42503000
	Other adjustments for non-cash items			663000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			73406000
	Net cash flows from (used in) operations			77211000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			1633000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			75578000
	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			40000
	Purchase of property, plant and equipment			57123000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	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			0
	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			0
	Interest received			1921000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) investing activities	-55162000
	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			6932000
	Repayments of borrowings			28470000
	Payments of lease liabilities			0
	Dividends paid			0
	Interest paid			31901000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-537000
	Net cash flows from (used in) financing activities			-53976000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-33560000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			-1408000
	Net increase (decrease) in cash and cash equivalents			-34968000
	Cash and cash equivalents cash flow statement at beginning of period			72859000
	Cash and cash equivalents cash flow statement at end of period			37891000