SIL2024-01-012024-03-31 SIL2024-01-012024-03-31 SIL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member SIL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member SIL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses03Member SIL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses04Member SIL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses05Member SIL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses06Member SIL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses07Member SIL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses08Member SIL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses09Member SIL2024-01-012024-03-31in-bse-fin:OneOperatingExpenses10Member SIL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member SIL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member SIL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses03Member SIL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses04Member SIL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses05Member SIL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses06Member SIL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses07Member SIL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses08Member SIL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses09Member SIL2024-01-012024-03-31in-bse-fin:FourOperatingExpenses10Member SIL2024-03-31 SIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member SIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member SIL2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member SIL2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member SIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member SIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member SIL2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member SIL2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member SIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member SIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member SIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member SIL2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member SIL2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member SIL2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 530017 SIL NOTLISTED Standard Industries Limited Equity 2023-04-01 2024-03-31 2024-05-21 2024-05-15 INR Lakhs Yearly 13:15:00 15:00:00 2024-05-21 2024-05-21 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2024-01-01 2024-03-31 Audited Standalone 50258000.00 84891000.00 135149000.00 0.00 47922000.00 0.00 926000.00 7121000.00 6311000.00 35128000.00 97408000.00 37741000.00 0.00 37741000.00 -55451000.00 0.00 -55451000.00 0.00 93192000.00 0.00 0.00 0.00 0.00 93192000.00 -6883000.00 86309000.00 0.00 0.00 321645000.00 5 1.45 1.45 0.00 0.00 1.45 1.45 Notes to Standalone Audited Results for the quarter and year ended March 31, 2024. 1 The above results have been reviewed by the Audit Committee and are approved by the Board of Directors of the Company at their meeting held on May 21, 2024. The statutory Auditors of the Company have expressed unqualified opinion on these Financial Results. 2 The above financial results have been prepared in accordance with the Indian Accounting Standards (referred to as Ind AS ) as prescribed under section 133 of the Companies Act, 2013 read with Companies {Indian Accounting Standards) Rules as amended from time to time. 3 The Company had opted Tax U/s.115BAA applicable to Domestic Companies w.e.f. Financial year 2021- 2022 and accordingly, tax expenses have been calculated and provided for. 4 The Company has not recognised deferred tax assets on all deductible temporary differences based on the certainty and virtual certainty requirement as per Ind AS 12 Income taxes. 5 The Company has an investment of Rs. 5969.82 lakhs in its wholly owned subsidiary i.e. Standard Salt Works Limited. In view of the long-term strategic nature of the investment in leasehold rights to salt pans and the growth prospects of the subsidiary which is engaged in the manufacture of salt from the significant leased salt pans that it is holding, no provision for diminution in the value of the investment is considered necessary at this stage. 6 The Company has an Apartment Building with Free hold land situated at Prabhadevi, Mumbai-400025. The Company is exploring various opportunities available for enhancing the value of the property. Accordingly, the Net Written Down Value (Net of Block) of Rs. 479.19 lakhs is transferred from Property, Plant and Equipment and Investment property accounts respectively to Property Under Development (Stock in trade). 7 The Board of Directors of the Company in their meeting held on March 15, 2024 have declared Interim Dividend of Rs. 0.50 per Equity Share of Rs. 5/- each ( 10 % on the face value of Rs.5/- each). The same is paid on April 12th 2024. 8 The Board of Directors of the Company, in their meeting held on May 21, 2024, has recommended a Final Dividend of Rs. 0.55 per equity share of Rs.5/- each (11% on the face value of Rs.5/- each), which is subject to approval of Shareholders in the Annual General Meeting. The Standard Industries limited has not accounted for the Final Dividend as a liability as per Ind AS 10 as the dividend is declared after the reporting period. 9 The code of Social Security, 2020 ( Code ) relating to employee benefits during employment and post employment benefits has been notified in the Official Gazatte on 29th September, 2020. The draft rules have been released on November 13, 2020 and suggestions invited from stakeholders are under consideration by the Ministry. The impact of the change will be reassessed and accounted in the period in which said rules are notified for implementation. 10 The figures of the last quarter are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures upto the third quarter of financial year. 11 The Company has created an e-mail ID viz.,standardgrievances@rediffmail.com exclusively for the purpose of registering complaints by investors. 12 Corresponding figures for the previous year/period have been regrouped/rearranged wherever necessary. Multi segment 2023-04-01 2024-03-31 Audited Standalone 190548000.00 115463000.00 306011000.00 0.00 181968000.00 0.00 25968000.00 31197000.00 25786000.00 116907000.00 381826000.00 -75815000.00 0.00 -75815000.00 -55451000.00 0.00 -55451000.00 0.00 -20364000.00 0.00 0.00 0.00 0.00 -20364000.00 -6973000.00 -27337000.00 0.00 0.00 321645000.00 5 0.00 -0.32 -0.32 0.00 0.00 -0.32 -0.32 Charges for corporates office service and fecilities 3267000.00 Consulting Fees 1865000.00 GST Input reversal 5476000.00 Other Missellenious expenses 6705000.00 Ownership Flat Maintenance Expenses 828000.00 Portfolio Management Expenses 8063000.00 Security Charges 1137000.00 Temprory Manpower 2809000.00 Travelling and Conveyance Expenses 3595000.00 Vehical Expenses 1383000.00 Charges for corporates office service and fecilities 13068000.00 Consulting Fees 9892000.00 GST Input reversal 5510000.00 Other Missellenious expenses 33603000.00 Ownership Flat Maintenance Expenses 3585000.00 Portfolio Management Expenses 14371000.00 Security Charges 4410000.00 Temprory Manpower 12381000.00 Travelling and Conveyance Expenses 14145000.00 Vehical Expenses 5942000.00 57066000.00 0.00 162918000.00 0.00 157000.00 0.00 0.00 0.00 796874000.00 0.00 20134000.00 1163000.00 818171000.00 0.00 197262000.00 1235574000.00 0.00 424891000.00 467618000.00 27002000.00 33036000.00 0.00 7701000.00 960248000.00 0.00 60577000.00 1020825000.00 0.00 0.00 2256399000.00 321645000.00 1542907000.00 1864552000.00 1864552000.00 207702000.00 0.00 2913000.00 210615000.00 62687000.00 0.00 0.00 0.00 273302000.00 0.00 24039000.00 77816000.00 101855000.00 10590000.00 6100000.00 0.00 0.00 118545000.00 0.00 0.00 391847000.00 2256399000.00 See accompanying notes to the financial statements Property Division 0.00 Trading 50258000.00 Property Division 0.00 Trading 190548000.00 50258000.00 190548000.00 50258000.00 190548000.00 Property Division 92715000.00 Trading 1374000.00 Property Division 70259000.00 Trading 6974000.00 94089000.00 77233000.00 7121000.00 31197000.00 49227000.00 The property division comprises of Asset which are in excess of business needs, which the Company would liquidate based on the market conditions 121851000.00 37741000.00 -75815000.00 Property Division 730302000.00 Trading 18950000.00 749252000.00 1507147000.00 2256399000.00 Property Division 29251000.00 Trading 14403000.00 43654000.00 348193000.00 391847000.00 31197000.00 0.00 101528000.00 0.00 0.00 0.00 0.00 -19513000.00 0.00 -18934000.00 0.00 0.00 0.00 25786000.00 0.00 0.00 0.00 0.00 0.00 0.00 1134000.00 4707000.00 0.00 -2401000.00 0.00 0.00 -30000.00 -86833000.00 0.00 24959000.00 -50856000.00 0.00 0.00 0.00 10439000.00 0.00 -61295000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 97592000.00 3728000.00 285064000.00 157516000.00 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 4142000.00 4724000.00 0.00 -23119000.00 0.00 207159000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 36569000.00 0.00 9721000.00 67510000.00 29560000.00 0.00 0.00 -143360000.00 2504000.00 0.00 2504000.00 24498000.00 27002000.00 -6883000.00 -6973000.00 0.00 0.00 0.00 0.00