SAGCEM2024-01-012024-03-31 SAGCEM2024-01-012024-03-31 SAGCEM2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member SAGCEM2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member SAGCEM2024-01-012024-03-31in-bse-fin:OneOperatingExpenses03Member SAGCEM2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member SAGCEM2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member SAGCEM2024-01-012024-03-31in-bse-fin:FourOperatingExpenses03Member SAGCEM2024-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 502090 SAGCEM NOTLISTED Sagar Cements Limited Equity 2023-04-01 2024-03-31 2024-05-14 2024-05-06 INR Lakhs Yearly 16:50:00 20:00:00 2024-05-14 2024-05-14 true Cash Flow Indirect Declaration of unmodified opinion Single segment Cement 2024-01-01 2024-03-31 Unaudited Standalone 5166600000.00 383800000.00 5550400000.00 985200000.00 95100000.00 -55200000.00 229200000.00 186300000.00 307800000.00 3378600000.00 5127000000.00 423400000.00 0.00 423400000.00 75400000.00 24000000.00 99400000.00 0.00 324000000.00 0.00 0.00 0.00 0.00 324000000.00 -9300000.00 314700000.00 0.00 0.00 261400000.00 2 2.48 2.48 0.00 0.00 2.48 2.48 0.00 0.02 0.04 1. The above standalone financial results of Sagar Cements Limited ( the Company ) as reviewed by the Audit Committee have been approved by the Board of Directors at its meeting held on May 14, 2024. The results for the year ended March 31, 2024 have been audited and for the quarter ended March 31, 2024 have been reviewed by the statutory auditors. The statutory auditors of the Company have expressed an unmodified opinion on the financial results for the year ended March 31, 2024 and have issued an unmodified conclusion in respect of the limited review of the quarter ended March 31, 2024. 2.The Company is engaged in manufacture and sale of cement and cement related products which constitutes a single reportable business segment as per Ind AS 108 - 'Operating Segments'. 3.The standalone financial results of the Company have been prepared in accordance with the Indian Accounting Standards ('Ind AS') as prescribed under Section 133 of the Companies Act, 2013 ( the Act ) read with relevant rules issued thereunder and other accounting principles generally accepted in India and guidelines issued by the Securities and Exchange Board of India ( SEBI ). 4.On July 06, 2023, the Company had filed a Scheme of Amalgamation under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 for the merger of Jajpur Cements Private Limited (JCPL), a wholly owned subsidiary, with the Company with an appointed date of April 01, 2022. The scheme as approved by various regulatory authorities was sanctioned by Hyderabad bench of National Company Law Tribunal (NCLT) on September 14, 2023. The transaction being a common control business combination, merger accounting has been carried out under the Pooling of Interest Method. Accordingly, the assets and liabilities of JCPL are reflected in the standalone books of the Company at their respective carrying amounts and prior period amounts have been restated as if the business combination had occurred from the beginning of the preceding period. 5.The Company has made Offer For Sale (OFS) through stock exchange mechanism for its investment in Andhra Cements Limited (ACL) to meet the initial requirement of Minimum Public Shareholding (MPS) by ACL. Accordingly, shareholding of the Company in ACL reduced from 95% to 90%. The Company registered a short-term capital gain of Rs.3,189 lakhs from the OFS, which was classified as 'Other Income'. 6.The Board of Directors at their meeting held on May 14, 2024, recommended a final dividend of Rs. 0.70 per equity share of Rs. 2 each (35%) on the 13,07,07,548 equity shares of the Company. This is subject to approval of the shareholders in the upcoming Annual General Meeting. 7. The figures for the current quarter and quarter ended March 31, 2023, are the balancing figures between the audited figures in respect of the full financial year ended March 31, 2024 and March 31, 2023, respectively and published year to date figures up to third quarter ended December 31, 2023 and December 31, 2022, respectively, which were subject to limited review by the statutory auditors. Single segment 2023-04-01 2024-03-31 Audited Standalone 19075500000.00 539100000.00 19614600000.00 4123800000.00 274700000.00 -435700000.00 889500000.00 750900000.00 1165100000.00 12396200000.00 19164500000.00 450100000.00 0.00 450100000.00 89000000.00 49400000.00 138400000.00 0.00 311700000.00 0.00 0.00 0.00 0.00 311700000.00 -9300000.00 302400000.00 0.00 0.00 261400000.00 2 0.00 2.38 2.38 0.00 0.00 2.38 2.38 0.00 0.01 0.03 Other Expenses 679500000.00 freight and forwarding expense 966500000.00 power and fuel expenses 1732600000.00 Other Expenses 2339400000.00 freight and forwarding expense 3484600000.00 power and fuel expenses 6572200000.00 14736200000.00 144000000.00 58400000.00 393800000.00 188800000.00 0.00 0.00 0.00 4866500000.00 0.00 1102400000.00 277400000.00 6246300000.00 155100000.00 92400000.00 22015000000.00 2070300000.00 0.00 1636100000.00 1558300000.00 715400000.00 8600000.00 204900000.00 4123300000.00 0.00 561200000.00 6754800000.00 0.00 0.00 28769800000.00 261400000.00 16791300000.00 17052700000.00 17052700000.00 2317500000.00 7900000.00 1116300000.00 3441700000.00 96500000.00 1079900000.00 0.00 22900000.00 4641000000.00 2462000000.00 3649200000.00 99900000.00 6211100000.00 714300000.00 48900000.00 101800000.00 0.00 7076100000.00 11717100000.00 28769800000.00 750900000.00 146900000.00 -229400000.00 0.00 0.00 0.00 259300000.00 -88000000.00 0.00 1248000000.00 0.00 0.00 0.00 1165100000.00 0.00 16700000.00 90000000.00 213800000.00 0.00 -7400000.00 0.00 209200000.00 1000000.00 -319800000.00 0.00 0.00 0.00 16400000.00 0.00 3054300000.00 3504400000.00 0.00 0.00 0.00 91300000.00 6500000.00 3419600000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 16800000.00 986800000.00 488500000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 115400000.00 0.00 -811200000.00 0.00 -1177300000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -203000000.00 944100000.00 0.00 0.00 91500000.00 748100000.00 0.00 -7900000.00 -1994600000.00 247700000.00 0.00 247700000.00 1310600000.00 1558300000.00 -14300000.00 -14300000.00 -5000000.00 -5000000.00 0.00 0.00