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	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
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	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(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	NA
(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.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(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?	Yes
Latest Date on which RPT policy is updated	2025-04-25
Indicate Company website link for updated RPT policy of the Company	https://www.sarlafibers.com/wp-content/uploads/2024/01/14.Related-Party-Transaction-Policy.pdf
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
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-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	Standalone	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	993116000	4236667000
	Other income	20171000	243945000
	Total income	1013287000	4480612000
2	Expenses
(a)	Cost of materials consumed	402512000	2009222000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-19607000	-99198000
(d)	Employee benefit expense	45030000	198877000
(e)	Finance costs	40196000	106442000
(f)	Depreciation, depletion and amortisation expense	59393000	243186000
(f)	Other Expenses
1	Other expenses	409456000	1314950000
	Total other expenses	409456000	1314950000
	Total expenses	936980000	3773479000
3	Total profit before exceptional items and tax	76307000	707133000
4	Exceptional items	0	-44000000
5	Total profit before tax	76307000	663133000
6	Tax expense
7	Current tax	14185000	164702000
8	Deferred tax	0	0
9	Total tax expenses	14185000	164702000
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	62122000	498431000
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	62122000	498431000
17	Other comprehensive income net of taxes	-2592000	-145000
18	Total Comprehensive Income for the period	59530000	498286000
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	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	0.74	6.5
	Diluted earnings (loss) per share from continuing operations	0.74	5.97
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	0.74	6.5
	Diluted earnings (loss) per share from continuing and discontinued operations	0.74	5.97
24	Debt equity ratio	0	0.0033
25	Debt service coverage ratio	0	0.0082
26	Interest service coverage ratio
27	Disclosure of notes on financial results		1 The Audit Committee has reviewed these results and the Board of Directors have approved the above results at their meeting held on 25th April, 2025. n n2 Figures 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 figures 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. n n3 a. 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. n nb. During the quarter ended 31st March 2025, 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. nThis amount has been recognized in the statement of Profit and Loss in “Other Expenses” and “Finance Cost”. n nc. During the quarter ended 31st March 2025, the company has made a provision aggregating to Rs. 505.60 lakhs against the loan and advances given to the wholly owned subsidiary company.. n This amount has been recognized in the statement of Profit and Loss in “Other Expenses”. n n4 The Board of Directors have recommended a dividend of INR. 3/- per equity share of face value of INR 1/- subject to approval of shareholders. The Promoters and the promoter group have expressed that they will be waiving of their rights to receive the dividend.

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		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	2213648000
	Capital work-in-progress	0
	Investment property	0
	Goodwill	0
	Other intangible assets	3062000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	572798000
	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	41232000
	Total non-current assets	5206844000
2	Current assets
	Inventories	855565000
	Current financial asset
	Current investments	493425000
	Trade receivables, current	938295000
	Cash and cash equivalents	17069000
	Bank balance other than cash and cash equivalents	3529000
	Loans, current	1480000
	Other current financial assets	122371000
	Total current financial assets	1576169000
	Current tax assets (net)
	Other current assets	129399000
	Total current assets	2561133000
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	7767977000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	83503000
	Other equity	5099299000
	Total equity attributable to owners of parent	5182802000
	Non controlling interest
	Total equity	5182802000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	153333000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	67996000
	Total non-current financial liabilities	221329000
	Provisions, non-current	11249000
	Deferred tax liabilities (net)	188398000
	Deferred government grants, Non-current
	Other non-current liabilities
	Total non-current liabilities	420976000
	Current liabilities
	Current financial liabilities
	Borrowings, current	1561753000
	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	307689000
	Total Trade payable	322084000
	Other current financial liabilities	198940000
	Total current financial liabilities	2082777000
	Other current liabilities	27011000
	Provisions, current	7626000
	Current tax liabilities (Net)	46785000
	Deferred government grants, Current	0
	Total current liabilities	2164199000
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	2585175000
	Total equity and liabilites	7767977000
	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		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Yarn	984601000	4184076000
2	WIND POWER	11805000	65102000
	Total Segment Revenue	996406000	4249178000
	Less: Inter segment revenue	3290000	3290000
	Revenue from operations	993116000	4236666000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Yarn	184005000	1003943000
2	WIND POWER	-2405000	1902000
	Total Profit before tax	181600000	1005845000
	i. Finance cost	40196000	40196000
	ii. Other Unallocable Expenditure net off Unallocable income	65096000	65096000
	Profit before tax	76308000	663134000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Yarn	4391568000	4391568000
2	WIND POWER	512482000	512482000
	Total Segment Asset	4904050000	4904050000
	Un-allocable Assets	2863931000	2863931000
	Net Segment Asset	7767981000	7767981000
4	Segment Liabilities
	Segment Liabilities
1	Yarn	857288000	857288000
2	WIND POWER	15578000	15578000
	Total Segment Liabilities	872866000	872866000
	Un-allocable Liabilities	1712311000	1712311000
	Net Segment Liabilities	2585177000	2585177000
	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	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Re mesurement of defined benfit plan	-3464000	-194000
	Total Amount of items that will not be reclassified to profit and loss	-3464000	-194000
2	Income tax relating to items that will not be reclassified to profit or loss	-872000	-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	-2592000	-145000

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			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			663133000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			102074000
	Adjustments for decrease (increase) in inventories			-148218000
	Adjustments for decrease (increase) in trade receivables, current			-24433000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-36426000
	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			-66235000
	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			243185000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			94560000
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			83357000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			25169000
	Adjustments for dividend income			5801000
	Adjustments for interest income			32048000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			-3345000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-907000
	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)			156964000
	Net cash flows from (used in) operations			820097000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			176241000
	Other inflows (outflows) of cash			87820000
	Net cash flows from (used in) operating activities			731676000
	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			469000
	Purchase of property, plant and equipment			201357000
	Proceeds from sales of investment property			0
	Purchase of investment property			821517000
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			288000
	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			5801000
	Interest received			32048000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) investing activities	-984844000
	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			370959000
	Repayments of borrowings			1056000
	Payments of lease liabilities			18638000
	Dividends paid			0
	Interest paid			102991000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			248274000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-4894000
	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			-4894000
	Cash and cash equivalents cash flow statement at beginning of period			21963000
	Cash and cash equivalents cash flow statement at end of period			17069000