Integrated Filing — IndAS



General information about company
Scrip Code 535602
NSE Symbol SHARDAMOTR
MSEI Symbol NOTLISTED
ISIN INE597I01028
Name of company Sharda Motor Industries 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 24-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 17-May-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 Single segment
Description of single segment Manufacturing and Trading of Auto Components
Start date and time of board meeting 24-May-2025   17:05:00
End date and time of board meeting 24-May-2025   18:38:00
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 2023-01-28
Indicate Company website link for updated RPT policy of the Company https://www.shardamotor.com/wp-content/uploads/2016/07/RPT-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
no loan



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 7498540000 28365709000
Other income 273860000 832809000
Total income 7772400000 29198518000
2 Expenses
(a) Cost of materials consumed 5328307000 20394743000
(b) Purchases of stock-in-trade 137430000 549609000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 120961000 18178000
(d) Employee benefit expense 385826000 1474234000
(e) Finance costs 23804000 39333000
(f) Depreciation, depletion and amortisation expense 165841000 582262000
(f) Other Expenses
1 Other Expenses 518060000 1964757000
Total other expenses 518060000 1964757000
Total expenses 6680229000 25023116000
3 Total profit before exceptional items and tax 1092171000 4175402000
4 Exceptional items 0 0
5 Total profit before tax 1092171000 4175402000
6 Tax expense
7 Current tax 244988000 1018233000
8 Deferred tax 21935000 32264000
9 Total tax expenses 266923000 1050497000
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 825248000 3124905000
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 825248000 3124905000
17 Other comprehensive income net of taxes -1722000 -3602000
18 Total Comprehensive Income for the period 823526000 3121303000
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 57408000 57408000
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 10729197000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 28.75 108.87
Diluted earnings (loss) per share from continuing operations 28.75 108.87
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 28.75 108.87
Diluted earnings (loss) per share from continuing and discontinued operations 28.75 108.87
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



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 1952142000
Capital work-in-progress 84947000
Investment property 0
Goodwill 0
Other intangible assets 80137000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 529957000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 54453000
Total non-current financial assets 584410000
Deferred tax assets (net) 21998000
Other non-current assets 813972000
Total non-current assets 3537606000
2 Current assets
Inventories 2072230000
Current financial asset
Current investments 7041224000
Trade receivables, current 2846587000
Cash and cash equivalents 1988659000
Bank balance other than cash and cash equivalents 25298000
Loans, current 0
Other current financial assets 101114000
Total current financial assets 12002882000
Current tax assets (net) 0
Other current assets 107370000
Total current assets 14182482000
3 Non-current assets classified as held for sale 16530000
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 17736618000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 57408000
Other equity 10729197000
Total equity attributable to owners of parent 10786605000
Non controlling interest
Total equity 10786605000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0
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 492813000
Total non-current financial liabilities 492813000
Provisions, non-current 106329000
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 599142000
Current liabilities
Current financial liabilities
Borrowings, current 0
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 111965000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 5314317000
Total Trade payable 5426282000
Other current financial liabilities 159218000
Total current financial liabilities 5585500000
Other current liabilities 622807000
Provisions, current 127646000
Current tax liabilities (Net) 13588000
Deferred government grants, Current 0
Total current liabilities 6349541000
3 Liabilities directly associated with assets in disposal group classified as held for sale 1330000
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 6950013000
Total equity and liabilites 17736618000
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)
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
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 Items that will not be classified as profit and loss -2301000 -4814000
Total Amount of items that will not be reclassified to profit and loss -2301000 -4814000
2 Income tax relating to items that will not be reclassified to profit or loss -579000 -1212000
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 0
5 Total Other comprehensive income -1722000 -3602000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
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 4175402000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 24806000
Adjustments for decrease (increase) in inventories -103115000
Adjustments for decrease (increase) in trade receivables, current -585503000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -33239000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current -12864000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 506193000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -53176000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 582262000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 0
Adjustments for provisions, non-current 24428000
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 2560000
Adjustments for unrealised foreign exchange losses gains -7461000
Adjustments for dividend income 0
Adjustments for interest income 226223000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) -268177000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) -283076000
Other adjustments for non-cash items -21412000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -453997000
Net cash flows from (used in) operations 3721405000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 1015968000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 2705437000
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 351598000
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 0
Purchase of property, plant and equipment 923431000
Proceeds from sales of investment property 330366000
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 225590000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 37487000
Net cash flows from (used in) investing activities -681586000
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 2301176000
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 0
Payments of lease liabilities 0
Dividends paid 284742000
Interest paid 24806000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -13486000
Net cash flows from (used in) financing activities -2624210000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -600359000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 5403000
Net increase (decrease) in cash and cash equivalents -594956000
Cash and cash equivalents cash flow statement at beginning of period 2583615000
Cash and cash equivalents cash flow statement at end of period 1988659000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
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 S. R. Dinodia & Co. LLP Yes 30-Sep-2025


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 the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved 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)
1 Sharda Motor Indusries Limited Exhaust Technologies Private Limited Joint Venture Any other transaction Balance Recoverable 1100000000 On Arm’s length basis/ Fair Market Price. 0 5131000 5131000
2 Sharda Motor Indusries Limited Uddipt Mobility India Private Limited Subsidiary Any other transaction Balance Recoverable 900000000 On Arm’s length basis/ Fair Market Price. 5000 502000 507000
3 Sharda Motor Indusries Limited Ajay Relan Key Managerial Personnal Remuneration As per the NRC policy the company and necessary approvals by NRC, Board or shareholders, from time to time 57568000 17308000 25631000
4 Sharda Motor Indusries Limited Aashim Relan Key Managerial Personnal Remuneration As per the NRC policy the company and necessary approvals by NRC, Board or shareholders, from time to time 7231000 1287000 17000
5 Sharda Motor Indusries Limited Nitin Vishnoi Key Managerial Personnal Remuneration As per the NRC policy the company and necessary approvals by NRC, Board or shareholders, from time to time 7896000 4645000 2285000
6 Sharda Motor Indusries Limited Puru Aggarwal Key Managerial Personnal Remuneration As per the NRC policy the company and necessary approvals by NRC, Board or shareholders, from time to time 13713000 13232000 0
7 Sharda Motor Indusries Limited Puru Aggarwal Key Managerial Personnal Any other transaction Reimbursement of Expenses As per the NRC policy the company and necessary approvals by NRC, Board or shareholders, from time to time 2491000 0 0
8 Sharda Motor Indusries Limited Mala Relan Relative of Key Managerial Personnel Remuneration As per the NRC policy the company and necessary approvals by NRC, Board or shareholders, from time to time 768000 96000 17000
9 Sharda Motor Indusries Limited Kishan Nagin Parikh Non-Executive Independent Director Any other transaction Sitting fee for attending Board and Committee Meeting 100000 upto a maximum of Rs. 1 Lakh for each Meeting 360000 0 0
10 Sharda Motor Indusries Limited Udayan Banerjee Non-Executive Independent Director Any other transaction Sitting fee for attending Board and Committee Meeting 100000 upto a maximum of Rs. 1 Lakh for each Meeting 360000 0 0
11 Sharda Motor Indusries Limited Sarita Dhuper Non-Executive Independent Director Any other transaction Sitting fee for attending Board and Committee Meeting 100000 upto a maximum of Rs. 1 Lakh for each Meeting 150000 0 0
12 Sharda Motor Indusries Limited Navin Paul Non-Executive Independent Director Any other transaction Sitting fee for attending Board and Committee Meeting 100000 upto a maximum of Rs. 1 Lakh for each Meeting 325000 0 0
13 Sharda Motor Indusries Limited Sharda CSR Foundation Trust Enterprise in which, directors having substantial Interest Any other transaction CSR amount Paid 2% of the net profit of the Company and hence exact amoount not specified in omnibus approval 125934000 0 0
14 Sharda Motor Indusries Limited Exhaust Technologies Private Limited Joint Venture Any other transaction Balance Payable 1100000000 On Arm’s length basis/ Fair Market Price. 0 4766000 4766000
15 Sharda Motor Indusries Limited ANI Hospitality LLP Enterprise in which, directors having substantial Interest Any other transaction Reimbursement of Expenses On Arm’s length basis/ Fair Market Price. 9000 9000 0
Total value of transaction during the reporting period 216810000