CHEMPLASTS2024-01-012024-03-31 CHEMPLASTS2024-01-012024-03-31 CHEMPLASTS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses03Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses04Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses05Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses06Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses07Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses08Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses09Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses10Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses03Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses04Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses05Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses06Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses07Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses08Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses09Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses10Member CHEMPLASTS2024-03-31 CHEMPLASTS2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member CHEMPLASTS2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member CHEMPLASTS2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member CHEMPLASTS2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543336 CHEMPLASTS NOTLISTED Chemplast Sanmar Limited Equity 2023-04-01 2024-03-31 2024-05-20 2024-05-14 INR Crores Yearly 16:20:00 18:45:00 2024-05-20 2024-05-20 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2024-01-01 2024-03-31 Audited Consolidated 10507200000.00 126200000.00 10633400000.00 6999600000.00 0.00 237000000.00 510500000.00 509500000.00 459700000.00 2550300000.00 11266600000.00 -633200000.00 0.00 -633200000.00 -16900000.00 -305000000.00 -321900000.00 0.00 -311300000.00 0.00 0.00 0.00 0.00 -311300000.00 -1100000.00 -312400000.00 -312400000.00 0.00 -312400000.00 0.00 790600000.00 5 -1.97 -1.97 0.00 0.00 -1.97 -1.97 0.01 0.00 0.00 1. In terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this Statement of Audited Consolidated Financial Results for the quarter and Year ended 31st March 2024 ( Audited Consolidated Financial Results ) of Chemplast Sanmar Limited (the Holding Company or the Company ) and Chemplast Cuddalore Vinyls Limited, its wholly owned subsidiary (the Holding company and its Subsidiary together referred to as the Group ) has been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 20th May 2024. The statutory auditors have expressed an unmodified opinion on the Audited Consolidated Financial Results. The figures for the quarter ended 31st March, 2024 and 31st March, 2023 are the balancing figures between audited figures in respect of the full financial year and year to date figure up to the third quarter of the relevant financial year which were subject to limited review. 2. The Audited Consolidated Financial Results of the Group have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of The Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules, 2015 (as amended) and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Requirements). 3. The Board of Directors of the Holding Company, who have been identified as the chief operating decision maker (CODM), evaluates the Group's performance, allocate resources based on the analysis of the various performance indicators of the Group into manufacture and sale of speciality chemicals and commodity chemicals as per the requirement of Ind-AS 108 Operating Segments 4. Details of Exceptional items are given below : During 2022-23, the Zero COVID policy in China and the resultant COVID related shutdown there, had resulted in a sharp contraction of demand for PVC resin in that country. On account of this, there was a spike in exports of PVC resin from China, leading to a steep fall in finished products prices in India as well as feedstock prices. In line with generally accepted accounting principles, the Group had written down the carrying value of stocks of major intermediates and finished products, to levels corresponding to the net realisable value of finished products, leading to an exceptional charge of Rs 80.50 Crores during 2022-23 in consolidated financials. 5. The date on which the Code of Social Security, 2020 ('The Code') relating to employee benefits during employment and postemployment benefits will come into effect is yet to be notified and the related rules are yet to be finalised. The Group will evaluate the code and its rules, assess the impact, if any and account for the same once they become effective. 6. The previous period/ year comparatives have been regrouped/rearranged wherever necessary to conform to the current period's presentation. 7. This Financial Results is also available on the stock exchange websites www.bseindia.com and www.nseindia.com and on our website www.chemplastsanmar.com. Multi segment 2023-04-01 2024-03-31 Audited Consolidated 39229800000.00 804700000.00 40034500000.00 27158100000.00 8500000.00 -84900000.00 1702200000.00 1805200000.00 1513600000.00 10187500000.00 42290200000.00 -2255700000.00 0.00 -2255700000.00 -16900000.00 -654500000.00 -671400000.00 0.00 -1584300000.00 0.00 0.00 0.00 0.00 -1584300000.00 5500000.00 -1578800000.00 -1578800000.00 0.00 -1578800000.00 0.00 790600000.00 5 1107800000.00 -10.02 -10.02 0.00 0.00 -10.02 -10.02 0.01 0.00 0.00 Difference in foreign exchange (net) 78500000.00 Insurance 44600000.00 Legal and Professional fees 61900000.00 Miscellaneous expenses 205700000.00 Operation & Maintenance expenses 46500000.00 Outside processing expenses 52700000.00 Payment to auditor 2200000.00 Power and fuel 1601300000.00 Repairs and maintenance 213500000.00 Stores consumed 243400000.00 Difference in foreign exchange (net) 337900000.00 Insurance 173800000.00 Legal and Professional fees 215000000.00 Miscellaneous expenses 1297700000.00 Operation & Maintenance expenses 194200000.00 Outside processing expenses 120700000.00 Payment to auditor 9900000.00 Power and fuel 5990000000.00 Repairs and maintenance 870600000.00 Stores consumed 977700000.00 0.00 39068300000.00 1896600000.00 0.00 0.00 0.00 0.00 0.00 0.00 400000.00 0.00 0.00 357000000.00 357400000.00 0.00 187700000.00 41510000000.00 5686300000.00 0.00 1900500000.00 7244400000.00 767500000.00 0.00 1092500000.00 11004900000.00 383200000.00 1718600000.00 18793000000.00 0.00 0.00 60303000000.00 790600000.00 16215200000.00 17005800000.00 17005800000.00 11021400000.00 0.00 516900000.00 11538300000.00 0.00 6514900000.00 0.00 408600000.00 18461800000.00 4401400000.00 17457500000.00 2236500000.00 24095400000.00 523700000.00 31400000.00 184900000.00 0.00 24835400000.00 0.00 0.00 43297200000.00 60303000000.00 Commodity 6040000000.00 Specialities 5160000000.00 Commodity 24477000000.00 Specialities 16555800000.00 11200000000.00 41032800000.00 692800000.00 1803000000.00 10507200000.00 39229800000.00 Commodity 334300000.00 Specialities -457900000.00 Commodity 785900000.00 Specialities -1234700000.00 -123600000.00 -448800000.00 509600000.00 1805300000.00 100000.00 Operating segments are those components of the business whose operating results are regularly reviewed by the management to make decisions for performance assessment and resource allocation. Segment performance is evaluated based on the profit or loss of reportable segment and is measured consistently. The Operating segments have been identified on the basis of the nature of products. a. Segment revenue represents revenue from operations directly identifiable with / allocable to the segment including inter-segment revenue. b. Expenses that are directly identifiable with / allocable to segments are considered for determining the segment result. Expenses which relate to the Group as a whole and not allocable to segments are included under unallocable expenditure. c. Income which relates to the Group as a whole and not allocable to segments is included in unallocable income. d. Segment result includes margins on inter-segment sales which are reduced in arriving at the profit before tax of the Group. e. Segment assets and liabilities include those directly identifiable with the respective segments. Unallocable assets and liabilities represent the assets and liabilities that relate to the Group as a whole and not allocable to any segment. 1600000.00 -633300000.00 -2255700000.00 Commodity 17672600000.00 Specialities 42743900000.00 60416500000.00 -113500000.00 60303000000.00 Commodity 23510700000.00 Specialities 19900000000.00 43410700000.00 -113500000.00 43297200000.00 1805200000.00 744600000.00 -1668800000.00 0.00 0.00 0.00 0.00 0.00 0.00 -1542800000.00 0.00 0.00 0.00 1513600000.00 0.00 -300000.00 0.00 0.00 0.00 -5500000.00 0.00 598400000.00 0.00 -44100000.00 0.00 -180600000.00 -15800000.00 0.00 0.00 7100000.00 -2248600000.00 0.00 0.00 0.00 200700000.00 0.00 -2449300000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 311000000.00 6189400000.00 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 0.00 596600000.00 0.00 41700000.00 0.00 -5240100000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8270800000.00 2527100000.00 0.00 45600000.00 0.00 1874100000.00 0.00 0.00 3824000000.00 -3865400000.00 0.00 -3865400000.00 11109800000.00 7244400000.00 -1500000.00 8100000.00 -400000.00 2600000.00