NDRAUTO2024-04-012024-06-30 NDRAUTO2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member NDRAUTO2024-04-012024-06-30in-bse-fin:OneOperatingExpenses02Member NDRAUTO2024-04-012024-06-30in-bse-fin:OneOperatingExpenses03Member NDRAUTO2024-04-012024-06-30in-bse-fin:OneOperatingExpenses04Member NDRAUTO2024-04-012024-06-30in-bse-fin:OneOperatingExpenses05Member NDRAUTO2024-04-012024-06-30in-bse-fin:OneOperatingExpenses06Member NDRAUTO2024-04-012024-06-30in-bse-fin:OneOperatingExpenses07Member NDRAUTO2024-04-012024-06-30in-bse-fin:OneOperatingExpenses08Member NDRAUTO2024-04-012024-06-30in-bse-fin:OneOperatingExpenses09Member NDRAUTO2024-06-30 NDRAUTO2024-04-012024-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543214 NDRAUTO NOTLISTED Ndr Auto Components Limited Equity 2024-04-01 2025-03-31 2024-08-08 2024-08-01 INR Lakhs First quarter 12:00:00 13:25:00 2024-08-08 2024-08-08 Not applicable Single segment Manufacture of Seat structure and seat covers 2024-04-01 2024-06-30 Unaudited Standalone 1713067000.00 7892000.00 1720959000.00 1313186000.00 0.00 8385000.00 49164000.00 7935000.00 39369000.00 175358000.00 1593397000.00 127562000.00 0.00 127562000.00 32684000.00 -701000.00 31983000.00 0.00 95579000.00 0.00 0.00 0.00 0.00 95579000.00 -168000.00 95411000.00 0.00 0.00 118927000.00 10 8.04 8.04 0.00 0.00 8.04 8.04 1. The above standalone financial results of NDR Auto Components Limited ( the Company ) have been prepared in accordance with Indian Accounting Standards (IND-AS) as prescribed under section 133 of the Companies Act, 2013 read with the relevant rules and amendments thereto and the other accounting principles generally accepted in India. 2. The Sales/Purchase have been recognised based on contract price with the customers/vendors which are subject to escalations and de-escalations basis annual price revision. The Company estimated such escalations and de-escalations on best estimate basis and these will be formalised by year end. 3. In line with the provisions of IND AS-108 - Operating Segment, the Company is engaged in the business of manufacturing of different seating systems and components for automobiles including two wheeler, which constitute single reporting business segment and the company operates only in one geographical segment -India. Accordingly, there are no separate reportable segments. 4. The figures for the quarter ended March 31, 2024 are the balancing figures between audited figures in respect of the full financial year upto March 31, 2024 and the unaudited published year to date figures upto December 31, 2023 being the date of the end of the third quarter of the financial year which were subjected to limited review. 5. Pursuant to approval given by its Shareholders in Annual General Meeting held on 19th July 2023, the company have issued 59,46,326 fully paid up bonus equity share of Rs 10/- each in the ratio of 1(one) equity share of Rs. 10/- for every 1 (One) existing equity shares of Rs. 10/- each. Consequent to the allotment of shares dated 25th July, 2023, the issued, subscribed and paid up capital of the Company has increased to a sum of Rs. 1,189.26 lakhs by capitalising a sum of Rs. 594.63 lakhs from free reserves. Accordingly, the earning per share has been adjusted for previous periods/ year and presented in accordance with IND AS-33 Earning Per Share. 6. The Board has recommended, in the meeting held on 8th Aug 2024, fully paid bonus shares in the ratio of 1:1, that is 1(one) equity share of Rs. 10 each for every 1(one) equity share of Rs. 10 each held by members as on the record date by capitalising such sums out of the free reserves and other permitted reserves of the Company, subject to approval of Shareholders. 7. The Board has recommended Employee Stock Option Plan(ESOP) for eligible employees dated 8th Aug 2024, subject to approval of Shareholders. 8. During the financial year 2023-24, Income Tax Department ('the department') conducted a search under section 132 of the Income Tax Act, 1961. Pursuant to the same, the Company is making the required submissions for requisite assessment years and the company has received a demand notice dated 9th July 2024 for Rs. 39.33 lakhs (excluding penalty and interest) with respect to assessment year 2022-23. The Company has filed an appeal dated 1st Aug 2024 against the said order before the concerned authority. Based on its assessment and pending outcome of the appeal, the Management is of the view that no material adjustments is envisaged at this stage to these financial results. 9. The above standalone financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 8th August, 2024. The above financials results have been reviewed by the statutory auditor of the Company in accordance with the Standards on Review Engagements (SRE) 2410 issued by the Institute of Chartered Accountants of India and they have issued unmodified report on the aforesaid results. Consumption of stores 7686000.00 Factory Expense 105993000.00 Freight Outward 7806000.00 Insurance 555000.00 Legal & Professional Expenses 6180000.00 Maintenance of Building & Machinery 11313000.00 Miscellaneous & Other Expenses 24621000.00 Power and Fuel 11062000.00 Rent, Rates & Taxes 142000.00 Re-measurement gains/(losses) on defined benefit plans -225000.00 -225000.00 -57000.00 0.00