COMSYN2024-01-012024-03-31 COMSYN2024-01-012024-03-31 COMSYN2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member COMSYN2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member COMSYN2024-03-31 COMSYN2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member COMSYN2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member COMSYN2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member COMSYN2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member COMSYN2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member COMSYN2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member COMSYN2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member COMSYN2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member COMSYN2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member COMSYN2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member COMSYN2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member COMSYN2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member COMSYN2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member COMSYN2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 539986 COMSYN NOTLISTED Commercial Syn Bags Limited Equity 2023-04-01 2024-03-31 2024-05-30 2024-05-21 INR Lakhs Yearly 17:00:00 23:00:00 2024-05-30 2024-05-30 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2024-01-01 2024-03-31 Audited Standalone 691152000.00 14985000.00 706137000.00 379205000.00 50132000.00 -85052000.00 130922000.00 20250000.00 26244000.00 138866000.00 660567000.00 45570000.00 0.00 45570000.00 5168000.00 12005000.00 17173000.00 0.00 28397000.00 0.00 0.00 0.00 0.00 28397000.00 3098000.00 31495000.00 0.00 0.00 399522000.00 10 0.71 0.71 0.00 0.00 0.71 0.71 Notes to Audited Standalone Financial Results for the quarter and year ended on 31st March, 2024: 1.The standalone financial results have been prepared in accordance with the Indian Accounting Standard (referred to as Ind AS 34” - Interim Financial Reporting) as prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules as amended from time to time. 2.The figures of the last quarter are the balancing figures between audited figures in respect of full financial year upto 31st March, 2024 and unaudited published year-to-date figures upto 31st December, 2023 being the date of end of the third quarter of financial year respectively which were subject to limited review. 3.This audited standalone financial results of the Company for the quarter and year ended on 31st March, 2024 have been approved and recommended by the Audit Committee and thereafter approved by the Board of Directors at their meeting held on 30th May, 2024. 4.Statutory Auditors of the Company have carried out Audit of the books of Accounts for the Financial Year 2023-2024 and issued us an Audit Report with unmodified opinion. 5.The Company operates in three segments i.e. (a) Manufacture and sale of FIBC, Bulk Bags, Poly Tarpaulin, Woven Sacks/Bags, Box Bags, PP/HDPE Fabric, Liner and (b) Trading of Granules (c) Solar Power generation. The segment for Manufacture and sale of FIBC, Bulk Bags, Poly Tarpaulin, Woven Sacks/Bags, Box Bags, PP/HDPE Fabric, and Liner meets the quantitative thresholds and is considered as reportable segment. Financial information of other segments (b) and (c) have been shown in ‘All other Segments’ as these do not fall within the criteria for segmental report as on 31st March, 2024. 6.Previous Year and Previous Quarter(s) figures have been regrouped / reclassified wherever necessary to confirm to this period classification. 7.The Company has solar power project of 1.0 MW for Captive Consumption of power. 8.Some balances of Trade Receivables and recoverable shown under Assets and Trade and Other Payables shown under Liabilities include balances subject to confirmation/reconciliation and consequential adjustments if any. However, reconciliations are carried out on ongoing basis. The management does not expect any material adjustment in the books of accounts as a result of the reconciliation. 9.The Company has already commenced commercial production of its new manufacturing unit Techtex (A unit of Commercial Syn Bags Limited) situated at Plot Nos A-12 & A-13, Indore Special Economic Zone, Pithampur Phase – 2, Dhar, Madhya Pradesh on 11th March, 2023. The capacity addition with the commencement of this unit is 3900 MTPA and the total capacity of the Company is 24530 MTPA. The results for this quarter and for the entire year is mainly affected due to depreciation and operational expenses of this manufacturing unit. We are anticipating that it will contribute to overall profits in the next financial year. Multi segment 2023-04-01 2024-03-31 Audited Standalone 2855564000.00 32009000.00 2887573000.00 1625517000.00 130057000.00 -112904000.00 485923000.00 68037000.00 96564000.00 495564000.00 2788758000.00 98815000.00 0.00 98815000.00 16328000.00 10026000.00 26354000.00 0.00 72461000.00 0.00 0.00 0.00 0.00 72461000.00 3098000.00 75559000.00 0.00 0.00 399522000.00 10 879658000.00 1.81 1.81 0.00 0.00 1.81 1.81 Other Expenses 138866000.00 Other Expenses 495564000.00 896032000.00 0.00 0.00 0.00 17000.00 0.00 0.00 0.00 222177000.00 0.00 94214000.00 57901000.00 374292000.00 0.00 5954000.00 1276295000.00 670875000.00 0.00 412606000.00 4472000.00 40549000.00 97709000.00 0.00 555336000.00 10578000.00 49256000.00 1286045000.00 0.00 0.00 2562340000.00 399522000.00 879658000.00 1279180000.00 1279180000.00 310497000.00 0.00 0.00 310497000.00 32702000.00 31203000.00 0.00 0.00 374402000.00 669628000.00 123869000.00 4299000.00 797796000.00 106335000.00 4627000.00 0.00 0.00 908758000.00 0.00 0.00 1283160000.00 2562340000.00 Segment -A Manufacturing 684271000.00 Segment-B other Segment 6881000.00 Segment -A Manufacturing 2830079000.00 Segment-B other Segment 25485000.00 691152000.00 2855564000.00 691152000.00 2855564000.00 Segment -A Manufacturing 81927000.00 Segment-B other Segment 10137000.00 Segment -A Manufacturing 232583000.00 Segment-B other Segment 30832000.00 92064000.00 263415000.00 20250000.00 68037000.00 26244000.00 96563000.00 45570000.00 98815000.00 Segment -A Manufacturing 2379489000.00 Segment-B other Segment 182851000.00 2562340000.00 Segment -A Manufacturing 1175725000.00 Segment-B other Segment 107435000.00 1283160000.00 68037000.00 -114137000.00 -136296000.00 0.00 37736000.00 26993000.00 -3886000.00 4715000.00 6883000.00 -16120000.00 0.00 24089000.00 0.00 96563000.00 0.00 1209000.00 4338000.00 -12169000.00 0.00 0.00 0.00 31266000.00 0.00 0.00 0.00 0.00 3712000.00 2492000.00 1230000.00 -35877000.00 62938000.00 0.00 0.00 0.00 19090000.00 0.00 43848000.00 0.00 30862000.00 0.00 0.00 0.00 0.00 0.00 223488000.00 60755000.00 122759000.00 0.00 1240000.00 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 31266000.00 0.00 0.00 0.00 -286328000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -36347000.00 -354435000.00 0.00 5317000.00 0.00 66435000.00 0.00 0.00 246336000.00 3856000.00 0.00 3856000.00 616000.00 4472000.00 3712000.00 3712000.00 614000.00 614000.00