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 Consolidated 7087100000.00 437400000.00 7524500000.00 1276300000.00 36700000.00 -32500000.00 306600000.00 454900000.00 560900000.00 4818700000.00 7421600000.00 102900000.00 0.00 102900000.00 75400000.00 -88300000.00 -12900000.00 0.00 115800000.00 0.00 0.00 0.00 0.00 115800000.00 -8600000.00 107200000.00 0.00 0.00 0.00 0.00 261400000.00 2 0.89 0.89 0.00 0.00 0.89 0.89 0.01 0.02 0.02 1. The above consolidated 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 Group 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 consolidated 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.The consolidated financial results includes the results of the Parent and its subsidiaries together referred to as the Group : a. Sagar Cements Limited (Parent company) b. Sagar Cements (M) Private Limited (formerly Satguru Cement Private Limited) (subsidiary company) c. Andhra Cements Limited (subsidiary company) (w.e.f. March 18, 2023) (Refer note 6) 5.On July 06, 2023, the Parent 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 Parent 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. 6. The National Company Law Tribunal, Amaravati Bench, approved the terms of the Resolution Plan submitted by the Parent Company to acquire Andhra Cements Limited (“ACL”) on February 16, 2023 pursuant to a Corporate Insolvency Resolution Process implemented under the Insolvency and Bankruptcy Code 2016 (the “Resolution Plan”), and the terms of the Resolution Plan are now binding on the Parent Company. Pursuant to the Resolution Plan, the Parent Company has subscribed to 95% of the reconstituted paid-up share capital of ACL for an aggregate amount of Rs.32,223 lakhs and remaining 5% of the reconstituted paid-up share capital of ACL continue to be held by the existing public shareholders. Consequently, the Parent Company has acquired control over ACL w.e.f. March 18, 2023. Entire Disclosure of notes on financial result not fiven due to restriction on more than 4000 characters Single segment 2023-04-01 2024-03-31 Audited Consolidated 25046100000.00 541200000.00 25587300000.00 4607100000.00 178100000.00 -669400000.00 1173000000.00 1848300000.00 2141100000.00 17298200000.00 26576400000.00 -989100000.00 147900000.00 -841200000.00 89000000.00 -409700000.00 -320700000.00 0.00 -520500000.00 0.00 0.00 0.00 0.00 -520500000.00 -8600000.00 -529100000.00 0.00 0.00 0.00 0.00 261400000.00 2 0.00 -3.98 -3.98 0.00 0.00 -3.98 -3.98 0.01 0.01 0.02 Other Expenses 907900000.00 freight and forwarding expense 1370900000.00 power and fuel expenses 2539900000.00 Other Expenses 3055900000.00 freight and forwarding expense 4720600000.00 power and fuel expenses 9521700000.00 784700000.00 31125800000.00 147000000.00 104200000.00 416200000.00 856600000.00 0.00 0.00 0.00 0.00 0.00 9400000.00 460900000.00 470300000.00 1404600000.00 416200000.00 34940900000.00 3075400000.00 0.00 2077200000.00 1671800000.00 949400000.00 8600000.00 85300000.00 4792300000.00 5600000.00 734200000.00 8607500000.00 13700000.00 0.00 43562100000.00 261400000.00 19150800000.00 19412200000.00 20196900000.00 10890700000.00 0.00 1186500000.00 12077200000.00 118600000.00 1079900000.00 0.00 63500000.00 13339200000.00 3499700000.00 5182500000.00 214900000.00 8897100000.00 972400000.00 54700000.00 101800000.00 0.00 10026000000.00 0.00 0.00 23365200000.00 43562100000.00 1848300000.00 -366000000.00 -745100000.00 0.00 331100000.00 -200900000.00 0.00 0.00 0.00 0.00 2103300000.00 0.00 0.00 2141100000.00 0.00 12800000.00 90000000.00 188400000.00 212900000.00 -7800000.00 0.00 136100000.00 0.00 -67600000.00 0.00 0.00 0.00 -462800000.00 0.00 4941600000.00 4100400000.00 0.00 0.00 0.00 96400000.00 0.00 4004000000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 257100000.00 2257900000.00 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 125600000.00 0.00 -488400000.00 0.00 -1875100000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 918900000.00 1270100000.00 0.00 0.00 91500000.00 1755600000.00 0.00 -7900000.00 -2206200000.00 -77300000.00 0.00 -77300000.00 1749100000.00 1671800000.00 -13400000.00 -13400000.00 -4800000.00 -4800000.00 0.00 0.00