SHREYAS2024-01-012024-03-31 SHREYAS2024-01-012024-03-31 SHREYAS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member SHREYAS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member SHREYAS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses03Member SHREYAS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses04Member SHREYAS2024-01-012024-03-31in-bse-fin:OneOperatingExpenses05Member SHREYAS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member SHREYAS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member SHREYAS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses03Member SHREYAS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses04Member SHREYAS2024-01-012024-03-31in-bse-fin:FourOperatingExpenses05Member SHREYAS2024-03-31 SHREYAS2024-01-012024-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member SHREYAS2024-01-012024-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member SHREYAS2024-01-012024-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member SHREYAS2024-01-012024-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 520151 SHREYAS NOTLISTED Shreyas Shipping & Logistics Limited Equity 2023-04-01 2024-03-31 2024-05-23 2024-05-10 INR Lakhs Yearly 11:00:00 16:05:00 2024-05-23 2024-05-23 true Cash Flow Indirect Statement on impact of audit qualification Single segment Sea Logistics 2024-01-01 2024-03-31 Audited Standalone 896200000.00 171500000.00 1067700000.00 0.00 0.00 0.00 308400000.00 89000000.00 232600000.00 404500000.00 1034500000.00 33200000.00 0.00 33200000.00 8200000.00 1200000.00 9400000.00 0.00 23800000.00 0.00 0.00 0.00 0.00 23800000.00 -2000000.00 21800000.00 0.00 0.00 219600000.00 10 1.08 1.08 0.00 0.00 1.08 1.08 Select explanatory notes to the statement of audited standalone financial results for the quarter and year ended March 31, 2024:- 1. The statement of audited standalone financial results (“standalone financial results ) has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard (Ind-AS) prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. These were reviewed by the audit committee and approved by the Board at its meeting held on May 22, 2024 and May 23, 2024 respectively. 2. The figures for the quarter ended March 31, 2024 and March 31, 2023 are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures up to the third quarter for the relevant financial year which were subjected to limited review by the statutory auditor. 3. Refer to Annexure I for the Statement of Standalone Assets and Liabilities as at March 31, 2024. 4. Refer to Annexure II for the Statement of Standalone Cash Flows for the year ended March 31, 2024. 5. The company has only one operating segment i.e. shipping, hence disclosure of segment wise information is not applicable. 6. During the year, Company has completed sale of two container vessels i.e. MV SSL Ganga” (TEU Capacity:1,541) and MV SSL Delhi (TEU Capacity:2,478) for a total net sale consideration of Rs. 4,359 lakhs and Rs. 4,475 lakhs respectively. The above sale has resulted in a gain on the sale of vessels of Rs. 2,019 lakhs and Rs. 1,419 lakhs respectively included in Other Income. (Previous year : Company had completed sale of 2 container vessels i.e. MV SSL Chennai (TEU Capacity: 700) and MV SSL Kochi” (TEU Capacity: 1,725) for a total net sale consideration of Rs. 5433 lakhs. The above sales had resulted in a gain on the sale of vessels of Rs. 1,013 lakhs included in Other Income). 7. During quarter ended March 31, 2024, one of its vessels MV SSL Brahmaputra met with fire onboard on January 1, 2024 and the Company has charged the cost of repairs and estimated loss adjustment expenditure incurred upto March 31, 2024 of Rs. 3,430 lakhs (including towing charges). On the basis of management’s assessment, duly supported by an Initial Survey Report of an independent expert, Company has also recognised the corresponding insurance claim of Rs. 3,089 lakhs and recoverable from charterer of Rs. 341 lakhs towards cost sharing of towing charges, as exceptional items in the Statement of Profit and Loss. Based on past experiences of settlement of marine insurance claims of the Company, the management is confident of recovering the same in full. The auditors have modified their report on the recognition of the insurance claim since the acknowledgment from the Insurance Company is pending and IndAS 37 requires that the reimbursement shall be recognised when, and only when, it is virtually certain that reimbursement will be received.Further, the Company expects that there won’t be any liability towards potential cargo claims as it is adequately insured towards such liability. 8. Previous year's/period's figures have been regrouped/reclassified wherever necessary, to confirm to the current period’s classification. 9. The standalone financial results for the quarter and year ended March 31, 2024 will be available on the Bombay Stock Exchange website (URL:www.bseindia.com/corporates.html), The National Stock Exchange website (URL: www.nseindia.com/corporates.html) and on the Company’s website (URL: www.transworld.com/shreyas-shipping-and-logistics). Single segment 2023-04-01 2024-03-31 Audited Standalone 2823900000.00 458200000.00 3282100000.00 0.00 0.00 0.00 1180600000.00 372400000.00 796500000.00 1404700000.00 3754200000.00 -472100000.00 -3400000.00 -475500000.00 31900000.00 2800000.00 34700000.00 0.00 -510200000.00 0.00 0.00 0.00 0.00 -510200000.00 20500000.00 -489700000.00 0.00 0.00 219600000.00 10 7445600000.00 -23.24 -23.24 0.00 0.00 -23.24 -23.24 Fuel, lube oil and fresh water 79700000.00 Other expenses 32100000.00 Other operation cost 152800000.00 Port and marine dues 8900000.00 Stores and spares 131000000.00 Fuel, lube oil and fresh water 296600000.00 Other expenses 106800000.00 Other operation cost 554600000.00 Port and marine dues 10900000.00 Stores and spares 435800000.00 9435200000.00 0.00 0.00 0.00 0.00 0.00 4600000.00 0.00 0.00 516100000.00 520700000.00 0.00 352800000.00 10308700000.00 103300000.00 338500000.00 78900000.00 77900000.00 93200000.00 0.00 1059800000.00 1648300000.00 0.00 410200000.00 2161800000.00 12470500000.00 219600000.00 7445600000.00 7665200000.00 7665200000.00 3090300000.00 0.00 48600000.00 3138900000.00 13300000.00 9600000.00 3161800000.00 962100000.00 501000000.00 110600000.00 1573700000.00 64000000.00 5800000.00 1643500000.00 4805300000.00 12470500000.00 Select explanatory notes to the statement of audited standalone financial results for the quarter and year ended March 31, 2024:- 1. The statement of audited standalone financial results (“standalone financial results ) has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard (Ind-AS) prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. These were reviewed by the audit committee and approved by the Board at its meeting held on May 22, 2024 and May 23, 2024 respectively. 2. The figures for the quarter ended March 31, 2024 and March 31, 2023 are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures up to the third quarter for the relevant financial year which were subjected to limited review by the statutory auditor. 3. Refer to Annexure I for the Statement of Standalone Assets and Liabilities as at March 31, 2024. 4. Refer to Annexure II for the Statement of Standalone Cash Flows for the year ended March 31, 2024. 5. The company has only one operating segment i.e. shipping, hence disclosure of segment wise information is not applicable. 6. During the year, Company has completed sale of two container vessels i.e. MV SSL Ganga” (TEU Capacity:1,541) and MV SSL Delhi (TEU Capacity:2,478) for a total net sale consideration of Rs. 4,359 lakhs and Rs. 4,475 lakhs respectively. The above sale has resulted in a gain on the sale of vessels of Rs. 2,019 lakhs and Rs. 1,419 lakhs respectively included in Other Income. (Previous year : Company had completed sale of 2 container vessels i.e. MV SSL Chennai (TEU Capacity: 700) and MV SSL Kochi” (TEU Capacity: 1,725) for a total net sale consideration of Rs. 5433 lakhs. The above sales had resulted in a gain on the sale of vessels of Rs. 1,013 lakhs included in Other Income). 7. During quarter ended March 31, 2024, one of its vessels MV SSL Brahmaputra met with fire onboard on January 1, 2024 and the Company has charged the cost of repairs and estimated loss adjustment expenditure incurred upto March 31, 2024 of Rs. 3,430 lakhs (including towing charges). On the basis of management’s assessment, duly supported by an Initial Survey Report of an independent expert, Company has also recognised the corresponding insurance claim of Rs. 3,089 lakhs and recoverable from charterer of Rs. 341 lakhs towards cost sharing of towing charges, as exceptional items in the Statement of Profit and Loss. Based on past experiences of settlement of marine insurance claims of the Company, the management is confident of recovering the same in full. The auditors have modified their report on the recognition of the insurance claim since the acknowledgment from the Insurance Company is pending and IndAS 37 requires that the reimbursement shall be recognised when, and only when, it is virtually certain that reimbursement will be received.Further, the Company expects that there won’t be any liability towards potential cargo claims as it is adequately insured towards such liability. 8. Previous year's/period's figures have been regrouped/reclassified wherever necessary, to confirm to the current period’s classification. 9. The standalone financial results for the quarter and year ended March 31, 2024 will be available on the Bombay Stock Exchange website (URL:www.bseindia.com/corporates.html), The National Stock Exchange website (URL: www.nseindia.com/corporates.html) and on the Company’s website (URL: www.transworld.com/shreyas-shipping-and-logistics). 372400000.00 84100000.00 -16700000.00 0.00 -85200000.00 0.00 -308100000.00 0.00 0.00 267400000.00 0.00 -8700000.00 -19700000.00 796500000.00 0.00 0.00 -1600000.00 0.00 0.00 89900000.00 0.00 0.00 0.00 -45033000.00 0.00 -342100000.00 -3800000.00 0.00 0.00 779367000.00 303867000.00 0.00 0.00 -43900000.00 57200000.00 -13200000.00 189567000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 889400000.00 434700000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 566033000.00 195000000.00 0.00 0.00 0.00 0.00 0.00 117300000.00 0.00 13200000.00 0.00 956233000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 78400000.00 985400000.00 0.00 0.00 32900000.00 353500000.00 0.00 0.00 -1293400000.00 -147600000.00 1900000.00 -145700000.00 223600000.00 77900000.00 Income tax relating to items that will not be reclassified to profit or loss -3200000.00 Income tax relating to items that will not be reclassified to profit or loss -3200000.00 -3200000.00 -3200000.00 0.00 0.00 a) Effective portion of gains/( loss) on hedging instruments 1200000.00 a) Effective portion of gains/( loss) on hedging instruments 23700000.00 1200000.00 23700000.00 0.00 0.00