iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares SHRIPISTON 2019-04-01 2020-03-31 2020-06-22 INR Lakhs Yearly AUTOMOTIVE COMPONENTS Single segment AUTOMOTIVE COMPONENTS 2020-01-01 2020-03-31 Audited Standalone 3647700000.00 47800000.00 3695500000.00 1198900000.00 156800000.00 -48000000.00 780800000.00 33900000.00 265100000.00 1143400000.00 3530900000.00 164600000.00 0.00 164600000.00 62400000.00 -26400000.00 36000000.00 0.00 128600000.00 0.00 0.00 0.00 128600000.00 49500000.00 178100000.00 0.00 0.00 178100000.00 178100000.00 223700000.00 10 5.75 5.75 0.00 0.00 5.75 5.75 0.06 4.80 8.36 Notes: 1 The Company deals principally in only one segment i.e. automotive components. 2 Effective from April 01, 2019, the Company has adopted Ind AS 116 Leases , applied to all lease contracts existing on April 01, 2019 using the modified retrospective approach. Accordingly, the Company has not restated the comparative information. The adoption of the new standard has resulted in recognition of Right to use assets of Rs. 3191 lac and corresponding lease liability in respect of remaining lease payments for operating leases as on March 31,2020. Also, finance leases of Rs 4290 lac as on April 01, 2019 has been reclassified to right to use assets which were earlier shown as pre payment land leases under Other assets . Resulting impact in the statement of profit and loss is Rs. 498 lac and Rs.189 lac under Depreciation and amortisation and Finance cost for the period ended March 31, 2020. 3 The Company elected to exercise the option permitted under section 115BAA of the Income Tax Act 1961 as introduced by the Taxation Laws (amendment) Bill, 2019. Accordingly, the Company has recognized the tax provision for the year ended March 31, 2020 and re-measured the deferred tax assets/liabilities on the basis of the rates prescribed in that section. The full impact of this change has been recognized in the Statement of Profit and Loss. Tax expense for the year ended March 31, 2020 is based on effective revised tax rate which includes onetime net credit of Rs. 988 lac on account of re-measurement of deferred tax assets/ liabilities pertaining to previous year. 4 (a) The Company had received approval to the scheme of amalgamation of M/s Shriram Automotive Products Limited. with the Company on March 05, 2019 from Hon'ble National Company Law Tribunal ( NCLT ), Delhi Bench with effect from appointed date of April 01, 2018, which the Company has filed with Registrar of Companies (RoC) on March 29, 2019. In accordance Single segment 2019-04-01 2020-03-31 Audited Standalone 16067700000.00 198400000.00 16266100000.00 4882700000.00 558800000.00 405100000.00 3437100000.00 123800000.00 1030400000.00 4964100000.00 15402000000.00 864100000.00 0.00 864100000.00 263500000.00 -129700000.00 133800000.00 0.00 730300000.00 0.00 0.00 0.00 730300000.00 35400000.00 765700000.00 0.00 0.00 765700000.00 765700000.00 223700000.00 10 10384000000.00 32.64 32.64 0.00 0.00 32.64 32.64 0.06 4.80 8.36 Notes: 1 The Company deals principally in only one segment i.e. automotive components. 2 Effective from April 01, 2019, the Company has adopted Ind AS 116 Leases , applied to all lease contracts existing on April 01, 2019 using the modified retrospective approach. Accordingly, the Company has not restated the comparative information. The adoption of the new standard has resulted in recognition of Right to use assets of Rs. 3191 lac and corresponding lease liability in respect of remaining lease payments for operating leases as on March 31,2020. Also, finance leases of Rs 4290 lac as on April 01, 2019 has been reclassified to right to use assets which were earlier shown as pre payment land leases under Other assets . Resulting impact in the statement of profit and loss is Rs. 498 lac and Rs.189 lac under Depreciation and amortisation and Finance cost for the period ended March 31, 2020. 3 The Company elected to exercise the option permitted under section 115BAA of the Income Tax Act 1961 as introduced by the Taxation Laws (amendment) Bill, 2019. Accordingly, the Company has recognized the tax provision for the year ended March 31, 2020 and re-measured the deferred tax assets/liabilities on the basis of the rates prescribed in that section. The full impact of this change has been recognized in the Statement of Profit and Loss. Tax expense for the year ended March 31, 2020 is based on effective revised tax rate which includes onetime net credit of Rs. 988 lac on account of re-measurement of deferred tax assets/ liabilities pertaining to previous year. 4 (a) The Company had received approval to the scheme of amalgamation of M/s Shriram Automotive Products Limited. with the Company on March 05, 2019 from Hon'ble National Company Law Tribunal ( NCLT ), Delhi Bench with effect from appointed date of April 01, 2018, which the Company has filed with Registrar of Companies (RoC) on March 29, 2019. In accordance