SHIVAMAUTO2024-04-012024-06-30 SHIVAMAUTO2024-04-012024-06-30in-bse-fin:OneOperatingExpenses01Member SHIVAMAUTO2024-04-012024-06-30in-bse-fin:OneOperatingExpenses02Member SHIVAMAUTO2024-06-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532776 SHIVAMAUTO NA Shivam Autotech Limited Equity 2024-04-01 2025-03-31 2024-08-12 2024-08-03 INR Lakhs First quarter 16:00:00 19:40:00 2024-08-12 2024-08-12 Not applicable Single segment Two Wheelers, its parts and Ancilliary Services 2024-04-01 2024-06-30 Unaudited Standalone 1129660000.00 4772000.00 1134432000.00 402089000.00 107643000.00 -5630000.00 138523000.00 139347000.00 89165000.00 360653000.00 1231790000.00 -97358000.00 0.00 -97358000.00 5970000.00 0.00 5970000.00 0.00 -103328000.00 0.00 0.00 0.00 0.00 -103328000.00 -1259000.00 -104587000.00 0.00 0.00 244444000.00 2 -0.85 -0.85 0.00 0.00 -0.85 -0.85 1 The above results for the quarter ended June 30, 2024 were reviewed by the Audit Committee and thereafter were approved by the Board of Directors in its meeting held on August 12, 2024. 2 As the Company's business activity falls within a single primary business segment viz 'Automobile Parts, and is a single geographical segment , the disclosure requirements of Indian accounting Standard (Ind AS-108) Operating Segment are not applicable. 3 These results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 as amended and other recognized accounting practices and policies to the extent possible. 4 Significant management judgement is considered in determining deferred tax assets and recoverability of deferred tax assets and Minimum Alternate Tax (MAT) credit entitlement of Rs.1,989.25 Lakhs and Rs.1,117.56 Lakhs respectively. The recoverability of deferred tax assets and Minimum Alternate Tax (MAT) entitlement is based on estimate of the taxable income for the period over which deferred tax assets and Minimum Alternate Tax (MAT) entitlement will be recovered. The Company has unabsorbed business depreciation and MAT credit which according to the management will be used to set off taxable profit arising in subsequent years from operation. However, As a matter of prudence, Deferred Tax Assets have been created till March 31, 2021 and no deferred tax has been created thereafter. 5 Quantitative variance between physical and book stock have been appropriately accounted for in the books of accounts. 6 The figures for the corresponding previous periods have been regrouped / rearranged wherever necessary, to make them comparable. 7 The figures for quarter ended June 30, 2024 are the balancing figures between the audited figures of the full financial year and the limited reviewed year-to-date figures upto the first quarter of the financial year. 8 The results of the Company are also available on stock exchange websites, www.nseindia.com, www.bseindia.com and on the Company website www.shivamautotech.com Job work charges 49532000.00 other expenses 311121000.00 1259000.00 0.00