SEYAIND2024-01-012024-03-31 SEYAIND2024-01-012024-03-31 SEYAIND2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member SEYAIND2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member SEYAIND2024-03-31 SEYAIND2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member SEYAIND2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member SEYAIND2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member SEYAIND2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member SEYAIND2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member SEYAIND2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member SEYAIND2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 524324 SEYAIND NOTLISTED Seya Industries Limited Equity 2023-04-01 2024-03-31 2024-05-30 2024-05-23 INR Lakhs Yearly 18:00:00 19:00:00 2024-05-30 2024-05-30 true Cash Flow Indirect Declaration of unmodified opinion Geographical 2024-01-01 2024-03-31 Audited Standalone 15351000.00 32744000.00 48094000.00 0.00 0.00 0.00 5953000.00 0.00 44731000.00 5133000.00 55818000.00 -7724000.00 0.00 -7724000.00 -4054000.00 0.00 -4054000.00 0.00 -3670000.00 0.00 0.00 0.00 0.00 -3670000.00 0.00 -3670000.00 0.00 0.00 265705000.00 10 -0.14 -0.14 0.00 0.00 -0.14 -0.14 1. The above financial results have been reviewed by the independent Committee and approved by the IRP on May 30, 2024. The said results have been prepared in accordance with Indian Accounting Standards(Ind AS) prescribed under section 133 of the Companies Act, 2013, read with the relevant rules and provisions of Companies Rules, 2015 and Companies Act, 2013 (as amended from time to time). The financial results and other financial information pertaining to each of the quarters have not been audited, but have undergone a limited review, by the statutory auditors, however, the management has exercised necessary due diligence to ensure that the standalone audited financial results provide a true and fair view of the Company's affairs. 2. The CIRP proceedings against the Company have been initiated in accordance with the Order dated 07th November 2023 passed by the Hon'ble NCLT, copy of which has been filed and available on the website of the Stock Exchanges 3. The figures of last quarter are the balancing figure between audited figures in respect of the full financial year and the published year to date figures upto end of third quarter of the financial year. 4. Prior period figures have been regrouped/rearranged/re-classified wherever considered necessary for comparison purpose and as per present period classification Geographical 2023-04-01 2024-03-31 Audited Standalone 80584000.00 90681000.00 171265000.00 0.00 0.00 17000.00 23441000.00 1000.00 179705000.00 19763000.00 222927000.00 -51662000.00 0.00 -51662000.00 -16942000.00 0.00 -16942000.00 0.00 -34720000.00 0.00 0.00 0.00 0.00 -34720000.00 0.00 -34720000.00 0.00 0.00 265705000.00 10 8010468000.00 -1.31 -1.31 0.00 0.00 -1.31 -1.31 Other Expenses 5133000.00 Other Expenses 19763000.00 6703440000.00 7962058000.00 0.00 0.00 0.00 0.00 0.00 0.00 203649000.00 0.00 7311000.00 0.00 210960000.00 0.00 956884000.00 15833341000.00 74867000.00 0.00 3032000.00 8368000.00 5987000.00 0.00 1182000.00 18569000.00 0.00 196343000.00 289779000.00 0.00 0.00 16123120000.00 265705000.00 8010468000.00 8276173000.00 8276173000.00 6940119000.00 0.00 55000.00 6940174000.00 0.00 0.00 0.00 0.00 6940174000.00 769665000.00 0.00 125193000.00 894858000.00 7828000.00 4086000.00 0.00 0.00 906772000.00 0.00 0.00 7846947000.00 16123120000.00 During the prior period certain Lenders had allegedly classified the credit facilities of the Company as Non-Performing Asset (NPA) and initiated formal legal communication with a view to protect their interest. The Company has contested the same in Court and continues to defend such action by the Lenders. In accordance with the prudential norms by the Reserve Bank of India, the lender banks/FI/Others have not charged interest on credit facilities extended to the Company upon the classification of the same as NPA. Accordingly, the Company is not making provision for interest on borrowings. Meanwhile the Company also continues to engage with lenders with a view to arrive at a resolution to ongoing matters. Due to ongoing dispute with the certain lenders in relation to their failure to comply with committed lending obligations and outstanding, the Company has not provided for interest costs on certain loans outstanding amounting to INR 610.50 Lacs for the Quarter ending & INR 2336.39 Lacs for the year ending in respect of Operating Assets and INR 2774.87 Lacs for the Quarter ending & INR 10811.47 Lacs in respect of Project Assets, for the reporting period. Accordingly, the Principal Outstanding, Finance Costs, Profit/(Loss) & Liabilities towards Borrowings from Banks/FI/Others have been reported excluding the said amounts and are subject to confirmation from Lenders. The Company continues to believe in the merits of the litigation, however, there continues to remain material uncertainties in relation to the outcome of the said litigations. Speciality Chemical Intermediate 15351000.00 Speciality Chemical Intermediate 80584000.00 15351000.00 80584000.00 15351000.00 80584000.00 Speciality Chemical Intermediate -7724000.00 Speciality Chemical Intermediate -51661000.00 -7724000.00 -51661000.00 0.00 1000.00 0.00 The Company has only one reportable segment namely 'Speciality Chemical Intermediates'. 0.00 -7724000.00 -51662000.00 Speciality Chemical Intermediate 0.00 0.00 Speciality Chemical Intermediate 0.00 0.00 0.00 0.00 1000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 179705000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 243000.00 0.00 0.00 0.00 0.00 -249693000.00 0.00 0.00 -70230000.00 -121892000.00 0.00 0.00 0.00 -16942000.00 0.00 -104950000.00 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 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 243000.00 0.00 90537000.00 0.00 90780000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -13559000.00 0.00 0.00 0.00 -1000.00 0.00 0.00 13560000.00 -610000.00 0.00 -610000.00 8978000.00 8368000.00 0.00 0.00 0.00 0.00