MADRASFERT2024-01-012024-03-31 MADRASFERT2024-01-012024-03-31 MADRASFERT2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member MADRASFERT2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member MADRASFERT2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member MADRASFERT2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member MADRASFERT2024-03-31 MADRASFERT2024-01-012024-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member MADRASFERT2024-01-012024-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member MADRASFERT2024-01-012024-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member MADRASFERT2024-01-012024-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares MADRASFERT NOTLISTED Madras Fertilizers Limited Equity 2023-04-01 2024-03-31 2024-05-28 2024-05-17 INR Lakhs Yearly 12:00:00 16:10:00 2024-05-28 2024-05-28 true Cash Flow Indirect Statement on impact of audit qualification Single segment Manufacturing of Chemical fertiliers 2024-01-01 2024-03-31 Audited Standalone 7584800000.00 215200000.00 7800000000.00 5059000000.00 19500000.00 184400000.00 265200000.00 241900000.00 12800000.00 1134300000.00 6917100000.00 882900000.00 63200000.00 946100000.00 50000000.00 13100000.00 63100000.00 0.00 883000000.00 0.00 0.00 0.00 0.00 883000000.00 10500000.00 893500000.00 0.00 0.00 1611000000.00 10 5.48 5.48 0.00 0.00 5.48 5.48 Ammonia Plant was shut-down for 6 days due to Ammonia plant gas venting @3PC due to 110 ATA HHP steam to K1601 NS header leak.NPK Plant was shut-down for the quarter due to Raw Material Limitation. The company was holding a provision of Rs 48.33 Cr as on 01.04.2023 as a prudence measure to meet any contingencies of any additional liability towards GST on completion of the reconciliation of figures of ITC as per the book Vs Electronic Credit Ledger. During the current financial year reconciliation has been undertaken and completed in respect of FY 2020-21, 2021-22 and 2022-23. On completion of the said reconciliation the company has identified Rs 5.89 Cr as ITC not eligible for setoff and accordingly charged off in the statement of Profit and Loss under Rates and Taxes. Consequent upon the charging of the said amount, the company has written back Rs 5.89 Cr from out of the provision held of Rs 48.33 Cr being the provision considered no longer required.From the provision of Rs 48.33 Cr held in the books as on 01-04-2023, a sum of Rs 4.88 Cr has been written back in the statement of Profit and Loss since in the opinion of the management only a sum of Rs 37.57 Cr is required to be retained as provision for the probable omission or errors which might come to light on the completion of the reconciliation of the figures of Input Tax Credit between books of accounts and Electronic Credit Ledger for the FY 2017-18, 2018-19 & 2019-20.On completion of the reconciliation of ITC as reflected in the books of accounts and with relevant statutory records under GST regulations for the FYs 2020-21, 2021-22 and 2022-23, the Company has identified Rs 13.78 Cr being the loss arising out of ineligibility to claim the ITC due to non-compliance with the GST regulation on the part of the certain vendors and contractors. In the opinion of the Management the said sum of Rs 13.78 Cr is recoverable from the said vendors and contactors since, the parties are mostly regular vendors and suppliers of the Company and accordingly the said sum is considered as claims recoverable and grouped under Other Current Assets. Single segment 2023-04-01 2024-03-31 Audited Standalone 22284200000.00 442600000.00 22726800000.00 16489400000.00 109500000.00 -345600000.00 1023000000.00 722100000.00 102900000.00 4006900000.00 22108200000.00 618600000.00 -499900000.00 118700000.00 50000000.00 13100000.00 63100000.00 0.00 55600000.00 0.00 0.00 0.00 0.00 55600000.00 917900000.00 973500000.00 0.00 0.00 1611000000.00 10 0.00 0.35 0.35 0.00 0.00 0.35 0.35 Operating and Maintenance Expenses 870800000.00 Other Expenses 263500000.00 Operating and Maintenance Expenses 3569200000.00 Other Expenses 437700000.00 1984100000.00 210300000.00 13200000.00 0.00 0.00 43900000.00 0.00 4547700000.00 0.00 0.00 208500000.00 28900000.00 237400000.00 0.00 175300000.00 7211900000.00 2062500000.00 0.00 3213100000.00 5511400000.00 124100000.00 5500000.00 216500000.00 9070600000.00 50000000.00 1679900000.00 12863000000.00 0.00 0.00 20074900000.00 1621400000.00 -3518600000.00 -1897200000.00 -1897200000.00 0.00 0.00 464700000.00 464700000.00 0.00 1090900000.00 0.00 4000000.00 1559600000.00 15832400000.00 2831400000.00 1099200000.00 19763000000.00 527900000.00 121600000.00 0.00 0.00 20412500000.00 0.00 0.00 21972100000.00 20074900000.00 712300000.00 257100000.00 1823000000.00 0.00 -393500000.00 0.00 0.00 0.00 0.00 -45500000.00 0.00 0.00 -511200000.00 102900000.00 0.00 0.00 0.00 0.00 0.00 0.00 11100000.00 256200000.00 0.00 0.00 0.00 0.00 0.00 -104100000.00 0.00 1573700000.00 1692400000.00 0.00 0.00 0.00 0.00 0.00 1692400000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 200000.00 315800000.00 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 11100000.00 256200000.00 0.00 37300000.00 0.00 -11000000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 345900000.00 0.00 0.00 200000.00 0.00 156700000.00 50200000.00 0.00 138800000.00 1820200000.00 0.00 1820200000.00 3691200000.00 5511400000.00 Items that will not be reclassified to profit or loss 8500000.00 Items that will not be reclassified to profit or loss 1184400000.00 8500000.00 1184400000.00 0.00 0.00 Tax (expenses)/benefit on above 2000000.00 Tax (expenses)/benefit on above -266500000.00 2000000.00 -266500000.00 0.00 0.00