SANDHAR2024-01-012024-03-31 SANDHAR2024-01-012024-03-31 SANDHAR2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member SANDHAR2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member SANDHAR2024-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 541163 SANDHAR NOTLISTED Sandhar Technologies Limited Equity 2023-04-01 2024-03-31 2024-05-23 2024-05-13 INR Lakhs Yearly 15:00:00 17:35:00 2024-05-23 2024-05-23 true Cash Flow Indirect Declaration of unmodified opinion Single segment The Company is engaged in the business of manufacturing and assembling of automotive components 2024-01-01 2024-03-31 Audited Standalone 6930498000.00 36226000.00 6966724000.00 4559490000.00 0.00 62010000.00 789568000.00 47155000.00 237834000.00 821479000.00 6517536000.00 449188000.00 -55595000.00 393593000.00 136108000.00 -15724000.00 120384000.00 0.00 273209000.00 0.00 0.00 0.00 0.00 273209000.00 12856000.00 286065000.00 0.00 0.00 601907000.00 10 4.54 4.54 0.00 0.00 4.54 4.54 Notes: 1 The above statement of audited standalone financial results ('the Statement') for the quarter and year ended 31 March 2024, has been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 23 May 2024. The same along with the report of the Statutory auditor has been filed with the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) and also available on the Company's website at www.sandhargroup.com. The audited standalone financial results have been prepared in accordance with the recognition and measurement principles of the Indian Accounting Standards (‘Ind AS’) prescribed under Section 133 of the Companies Act, 2013. 2 (i) During the year ended 31 March 2024, the Company had performed an impairment assessment of its investment in equity shares of Jinyoung Sandhar Mechatronics Private Limited (joint venture). Based on management’s assessment, the recoverable amount of this investment was lower than the carrying amount, accordingly an impairment charge of Rs. 555.95 lacs was recognized as an exceptional item during the year ended 31 March 2024. (ii) During the year ended 31 March 2023, the Company had performed an impairment assessment of its investment in equity shares of Sandhar Whetron Electronics Private Limited (joint venture). Based on management’s assessment, the recoverable amount of this investment was lower than the carrying amount, accordingly an impairment charge of Rs. 304.33 lacs was recognized as an exceptional item during the year ended 31 March 2023. 3 During the year ended 31 March 2024, the Company has acquired 12,05,000 equity shares (equivalent to 20.08% of total paid up share capital) of Sandhar Tooling Private Limited (subsidiary company) at Rs 41 per equity share. 4 The Company is engaged in the business of manufacturing of automotive components. There is no separate reportable business segment as per Ind AS 108 Operating Segments . 5 The Board of Directors at its Meeting held on 23 May 2024, has recommended a final dividend @32.5% i.e. Rs.3.25 per equity share. The dates of the book closure for the entitlement of such final dividend and Annual General Meeting shall be decided and informed in due course of time. 6 The figures of the quarter ended 31 March 2024 and the corresponding quarter ended in the previous year as reported in the Statement, are the balancing figures between the audited figures in respect of the full financial year and the unaudited published figures up to the third quarter ended 31 December of respective years, which have been reviewed by the statutory auditors. Single segment 2023-04-01 2024-03-31 Audited Standalone 27156655000.00 116719000.00 27273374000.00 18342913000.00 0.00 -1578000.00 3155445000.00 137865000.00 897719000.00 3142212000.00 25674576000.00 1598798000.00 -55595000.00 1543203000.00 453247000.00 -32556000.00 420691000.00 0.00 1122512000.00 0.00 0.00 0.00 0.00 1122512000.00 15924000.00 1138436000.00 0.00 0.00 601907000.00 10 9674480000.00 18.65 18.65 0.00 0.00 18.65 18.65 Other Expenses 821479000.00 Other Expenses 3142212000.00 6520759000.00 434440000.00 55235000.00 168143000.00 118299000.00 2309264000.00 362500000.00 118772000.00 2790536000.00 100905000.00 10188317000.00 1783811000.00 0.00 4024322000.00 3014000.00 7225000.00 170803000.00 17605000.00 4222969000.00 238724000.00 6245504000.00 16433821000.00 601907000.00 9674480000.00 10276387000.00 10276387000.00 903125000.00 249687000.00 1152812000.00 0.00 31300000.00 1184112000.00 866659000.00 3341630000.00 348587000.00 4556876000.00 191442000.00 123359000.00 101645000.00 4973322000.00 6157434000.00 16433821000.00 137865000.00 -134115000.00 -1094388000.00 0.00 -11034000.00 0.00 -362500000.00 -17264000.00 0.00 796973000.00 0.00 -6662000.00 0.00 897719000.00 55595000.00 -15881000.00 0.00 -3749000.00 0.00 253000.00 1199000.00 33262000.00 0.00 -5013000.00 0.00 0.00 -9595000.00 120000.00 0.00 193863000.00 1737066000.00 0.00 0.00 0.00 350283000.00 0.00 1386783000.00 0.00 402705000.00 0.00 0.00 0.00 0.00 0.00 0.00 30375000.00 1248006000.00 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 1199000.00 32383000.00 0.00 -946000.00 0.00 -1587700000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 831029000.00 262500000.00 0.00 99650000.00 150477000.00 115789000.00 0.00 0.00 202613000.00 1696000.00 0.00 1696000.00 1318000.00 3014000.00 17180000.00 21280000.00 4324000.00 5356000.00 0.00 0.00