NDRAUTO2024-01-012024-03-31 NDRAUTO2024-01-012024-03-31 NDRAUTO2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member NDRAUTO2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member NDRAUTO2024-01-012024-03-31in-bse-fin:OneOperatingExpenses03Member NDRAUTO2024-01-012024-03-31in-bse-fin:OneOperatingExpenses04Member NDRAUTO2024-01-012024-03-31in-bse-fin:OneOperatingExpenses05Member NDRAUTO2024-01-012024-03-31in-bse-fin:OneOperatingExpenses06Member NDRAUTO2024-01-012024-03-31in-bse-fin:OneOperatingExpenses07Member NDRAUTO2024-01-012024-03-31in-bse-fin:OneOperatingExpenses08Member NDRAUTO2024-01-012024-03-31in-bse-fin:OneOperatingExpenses09Member NDRAUTO2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member NDRAUTO2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member NDRAUTO2024-01-012024-03-31in-bse-fin:FourOperatingExpenses03Member NDRAUTO2024-01-012024-03-31in-bse-fin:FourOperatingExpenses04Member NDRAUTO2024-01-012024-03-31in-bse-fin:FourOperatingExpenses05Member NDRAUTO2024-01-012024-03-31in-bse-fin:FourOperatingExpenses06Member NDRAUTO2024-01-012024-03-31in-bse-fin:FourOperatingExpenses07Member NDRAUTO2024-01-012024-03-31in-bse-fin:FourOperatingExpenses08Member NDRAUTO2024-01-012024-03-31in-bse-fin:FourOperatingExpenses09Member NDRAUTO2024-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543214 NDRAUTO NOTLISTED Ndr Auto Components Limited Equity 2023-04-01 2024-03-31 2024-05-21 2024-05-14 INR Lakhs Yearly 13:40:00 14:55:00 2024-05-21 2024-05-21 true Cash Flow Indirect Declaration of unmodified opinion Single segment Manufacture of Seat structure and seat covers 2024-01-01 2024-03-31 Audited Consolidated 1760511000.00 9257000.00 1769768000.00 1384128000.00 0.00 -772000.00 46581000.00 7528000.00 38371000.00 166102000.00 1641938000.00 127830000.00 0.00 127830000.00 30585000.00 1524000.00 32109000.00 0.00 95721000.00 0.00 0.00 0.00 20358000.00 116079000.00 -1950000.00 114129000.00 0.00 0.00 0.00 0.00 118927000.00 10 9.76 9.76 0.00 0.00 9.76 9.76 1. The above consolidated financial results of NDR Auto Components Limited ( the Company ) have been prepared in accordance with Indian Accounting Standards (IND-AS) as prescribed under section 133 of the Companies Act, 2013 read with the relevant rules and amendments thereto and the other accounting principles generally accepted in India. 2. The figures for the quarter ended March 31, 2024 are the balancing figures between audited figures in respect of the full financial year upto March 31, 2024 and the unaudited published year to date figures upto December 31, 2023 being the date of the end of the third quarter of the financial year which were subjected to limited review. 3. In line with the provisions of IND AS-108 - Operating Segment, the Company is engaged in the business of manufacturing of different seating systems and components for automobiles including two wheeler, which constitute single reporting business segment and the company operates only in one geographical segment -India. Accordingly, there are no separate reportable segments. 4. Pursuant to approval given by its Shareholders in Annual General Meeting held on 19th July 2023, the company have issued 59,46,326 fully paid up bonus equity share of Rs 10/- each in the ratio of 1(one) equity share of Rs. 10/- for every 1 (One) existing equity shares of Rs. 10/- each. Consequent to the allotment of shares dated 25th July, 2023, the issued, subscribed and paid up capital of the Company has increased to a sum of Rs. 1,189.26 lakhs by capitalising a sum of Rs. 594.63 lakhs from free reserves. Accordingly, the earning per share has been adjusted for previous periods/ year and presented in accordance with IND AS-33 Earning Per Share. 5. During the month of May 2023, the Income Tax Department ('the department') conducted a search under section 132 of the Income Tax Act, 1961 at certain premises of the Company including manufacturing locations and residence of few of its employees/key managerial personnel. The business and operations of the Company continued without any disruptions. No demand notice has been raised on the Company as on date. And company is making the required submissions pursuant to the details of certain transactions and documents sought by the department. Based on the aforesaid and having regard to the matters of inquiry during the search proceedings stated above, management is of the view that no material adjustments are required to these financial results in this regard 6. Subject to the approval of the shareholders in the ensuing Annual General Meeting of the company, the Board of Directors has recommended the final dividend of 37.50% i.e. Rs. 3.75 per share of the face value of Rs. 10 each aggregating to Rs. 445.97 lakhs. 7. The above consolidated financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 21st May, 2024. The above financial results for the quarter and year ended March 31, 2024 have been audited by the statutory auditor of the Company in accordance with the Standards on Auditing issued by the Institute of Chartered Accountants of India and they have issued an unmodified report on the aforesaid results. 8. The Consolidated financial results include the results of the company, 1 associate company and 2 joint venture companies. Single segment 2023-04-01 2024-03-31 Audited Consolidated 6015701000.00 35855000.00 6051556000.00 4664183000.00 0.00 -8264000.00 170088000.00 28594000.00 147938000.00 627389000.00 5629928000.00 421628000.00 0.00 421628000.00 102280000.00 5101000.00 107381000.00 0.00 314247000.00 0.00 0.00 0.00 72880000.00 387127000.00 -1187000.00 385940000.00 0.00 0.00 0.00 0.00 118927000.00 10 2416513000.00 32.55 32.55 0.00 0.00 32.55 32.55 Consumption of Stores 8153000.00 Factory Expense 100244000.00 Freight Outward 9849000.00 Insurance 667000.00 Legal & Professional Expense 6769000.00 Maintenance of Building & Machinery 11529000.00 Miscellaneous & Other Expenses 15204000.00 Power & Fuel 11633000.00 Rent, Rates & Taxes 2054000.00 Consumption of Stores 28296000.00 Factory Expense 394169000.00 Freight Outward 38420000.00 Insurance 1776000.00 Legal & Professional Expense 20807000.00 Maintenance of Building & Machinery 40518000.00 Miscellaneous & Other Expenses 58034000.00 Power & Fuel 42852000.00 Rent, Rates & Taxes 2517000.00 0.00 1194461000.00 121742000.00 0.00 0.00 271136000.00 0.00 0.00 0.00 552827000.00 0.00 100000000.00 18895000.00 671722000.00 3797000.00 8253000.00 2271111000.00 297339000.00 11480000.00 871159000.00 218895000.00 115371000.00 70000000.00 3065000.00 1289970000.00 0.00 103895000.00 1691204000.00 0.00 0.00 3962315000.00 118927000.00 2416513000.00 2535440000.00 2535440000.00 0.00 0.00 266111000.00 266111000.00 8499000.00 0.00 0.00 0.00 274610000.00 17001000.00 1017509000.00 86246000.00 1120756000.00 22264000.00 2638000.00 6607000.00 0.00 1152265000.00 0.00 0.00 1426875000.00 3962315000.00 28594000.00 96103000.00 -560153000.00 0.00 -34586000.00 0.00 0.00 8140000.00 0.00 275668000.00 0.00 17098000.00 0.00 147938000.00 0.00 6013000.00 0.00 -3072000.00 0.00 -29000.00 86000.00 22628000.00 0.00 -2493000.00 0.00 0.00 -676000.00 0.00 0.00 -44169000.00 377459000.00 0.00 0.00 0.00 103344000.00 0.00 274115000.00 0.00 0.00 5454000.00 4542000.00 0.00 0.00 0.00 0.00 1227000.00 342605000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -1393000.00 0.00 0.00 459467000.00 150200000.00 70000000.00 0.00 0.00 0.00 15686000.00 21691000.00 0.00 0.00 0.00 -62429000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1464000.00 0.00 24071000.00 29448000.00 26709000.00 0.00 -1786000.00 -83478000.00 128208000.00 0.00 128208000.00 90687000.00 218895000.00 -2314000.00 -1414000.00 -364000.00 -227000.00