APARINDS2023-01-012023-03-31 APARINDS2023-01-012023-03-31 APARINDS2023-01-012023-03-31in-bse-fin:OneOperatingExpenses01Member APARINDS2023-01-012023-03-31in-bse-fin:FourOperatingExpenses01Member APARINDS2023-03-31 APARINDS2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue01Member APARINDS2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue02Member APARINDS2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue03Member APARINDS2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue04Member APARINDS2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue01Member APARINDS2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue02Member APARINDS2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue03Member APARINDS2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue04Member APARINDS2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults01Member APARINDS2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults02Member APARINDS2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults03Member APARINDS2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults04Member APARINDS2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults01Member APARINDS2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults02Member APARINDS2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults03Member APARINDS2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults04Member APARINDS2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets01Member APARINDS2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets02Member APARINDS2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets03Member APARINDS2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets04Member APARINDS2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities01Member APARINDS2023-03-31in-bse-fin:OneReportableSegmentLiabilities01Member APARINDS2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities02Member APARINDS2023-03-31in-bse-fin:OneReportableSegmentLiabilities02Member APARINDS2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities03Member APARINDS2023-03-31in-bse-fin:OneReportableSegmentLiabilities03Member APARINDS2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities04Member APARINDS2023-03-31in-bse-fin:OneReportableSegmentLiabilities04Member APARINDS2023-01-012023-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member APARINDS2023-01-012023-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member APARINDS2023-01-012023-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member APARINDS2023-01-012023-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532259 APARINDS NotListed Apar Industries Limited Equity 2022-04-01 2023-03-31 2023-05-08 2023-04-25 INR Crores Yearly 12:56:00 13:30:00 2023-05-08 2023-05-08 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2023-01-01 2023-03-31 Audited Consolidated 40885800000.00 106800000.00 40992600000.00 29353900000.00 193100000.00 272700000.00 699900000.00 790900000.00 272800000.00 6127100000.00 37710400000.00 3282200000.00 0.00 3282200000.00 857500000.00 -2800000.00 854700000.00 0.00 2427500000.00 0.00 0.00 0.00 -200000.00 2427300000.00 45000000.00 2472300000.00 2427300000.00 45000000.00 0.00 382700000.00 10 63.43 63.43 0.00 0.00 63.43 63.43 1) These financial statements have been prepared in accordance with Indian Accounting Standard prescribed under the Companies (Indian Accounting Standard) Rules, 2015 as amended and notified under Section 133 of the Companies Act, 2013. 2) The above standalone and consolidated audited financial results were reviewed by the Audit Committee of Directors and approved by the Board of Directors at their meeting held on May 8, 2023. In compliance with Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, an audit of the above results has been carried out by the Statutory Auditors for which they have issued an unmodified opinion. 3) Board of Directors of the Company at its meeting held today, recommended dividend for the financial year 2022-23 at Rs 40/- per share aggregating to Rs 153.07 crore on 38,268,619 Equity shares of Rs 10/- each fully paid. This will be paid after approval by members at the ensuing Annual General Meeting. 4) Effective from the second quarter, the Company has adopted hedge accounting under Ind AS 109 by formally designating, foreign currency denominated financial liabilities relating to procurement of imported raw material in a cash-flow hedge relationship for hedge of foreign exchange risk associated with highly probable future sales transactions. Consequent to this change, through demonstration of hedge effectiveness as per requirements of Ind AS 109, the effective portion of gain / loss arising on restatement of the foreign currency denominated financial liabilities relating to procurement of imported raw material is being recognised initially in cash flow hedge reserve account and shall be reclassified to the statement of profit and loss in the period of settlement when the sales are effected and ineffective portion, if any shall be charged to the profit & loss statement. As of quarter / year ended 31 March 2023, the effective portion gain of INR 1.09 crores on revaluation of financial liabilities designated hedge relationship has been deferred to cash flow hedge reserve. 5) The standalone and consolidated figures for the quarter ended 31st March, 2023 and 31st March, 2022 are the balancing figures between the audited figures in respect of the full financial year and the limited reviewed year to date figures upto the third quarter of the relevant financial year. 6) The aforesaid financial results of the Company are being forwarded to the Stock Exchanges (BSE and NSE) for uploading on their respective websites and the same are also made available on the Company's website viz., www.apar.com. Multi segment 2022-04-01 2023-03-31 Audited Consolidated 143521500000.00 374700000.00 143896200000.00 109739600000.00 694500000.00 -3346600000.00 2205000000.00 3055000000.00 1043400000.00 21959500000.00 135350400000.00 8545800000.00 0.00 8545800000.00 2236500000.00 -68100000.00 2168400000.00 0.00 6377400000.00 0.00 0.00 0.00 -200000.00 6377200000.00 -591900000.00 5785300000.00 6377200000.00 -591900000.00 0.00 382700000.00 10 21981200000.00 166.64 166.64 0.00 0.00 166.64 166.64 Other Expenses 6127100000.00 Other Expenses 21959500000.00 9493700000.00 990700000.00 0.00 11100000.00 2400000.00 41800000.00 275100000.00 25100000.00 108100000.00 450100000.00 1152900000.00 12100900000.00 25756400000.00 501000000.00 31980700000.00 4988100000.00 312900000.00 52000000.00 821400000.00 38656100000.00 5663100000.00 70075600000.00 82176500000.00 382700000.00 21981200000.00 22363900000.00 22363900000.00 1513700000.00 687900000.00 2201600000.00 121800000.00 217000000.00 2540400000.00 1527900000.00 52065700000.00 1068600000.00 54662200000.00 2090100000.00 42600000.00 477300000.00 57272200000.00 59812600000.00 82176500000.00 Conductors 21213100000.00 Others 255100000.00 Power/Telecom Cables 9429700000.00 Transformer and Speciality Oils 11793900000.00 Conductors 70130500000.00 Others 1072700000.00 Power/Telecom Cables 32634500000.00 Transformer and Speciality Oils 46566900000.00 42691800000.00 150404600000.00 1806000000.00 6883100000.00 40885800000.00 143521500000.00 Conductors 2750600000.00 Others 14500000.00 Power/Telecom Cables 1071600000.00 Transformer and Speciality Oils 406300000.00 Conductors 6824900000.00 Others 67800000.00 Power/Telecom Cables 3168100000.00 Transformer and Speciality Oils 2250800000.00 4243000000.00 12311600000.00 790900000.00 3055000000.00 169900000.00 711000000.00 3282200000.00 8545600000.00 Conductors 36648800000.00 Others 1882100000.00 Power/Telecom Cables 19881800000.00 Transformer and Speciality Oils 23763900000.00 82176600000.00 Conductors 29532200000.00 Others 939000000.00 Power/Telecom Cables 10306700000.00 Transformer and Speciality Oils 15776300000.00 56554200000.00 1553400000.00 -4244000000.00 -8362300000.00 0.00 0.00 0.00 0.00 0.00 0.00 9843400000.00 0.00 0.00 0.00 1043400000.00 0.00 0.00 460900000.00 0.00 0.00 334200000.00 0.00 0.00 0.00 0.00 0.00 -1500000.00 0.00 0.00 0.00 627500000.00 9173300000.00 0.00 0.00 0.00 2189900000.00 0.00 6983400000.00 0.00 38000000.00 0.00 0.00 0.00 0.00 0.00 0.00 11300000.00 2478300000.00 0.00 184400000.00 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 -2689400000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 575000000.00 541900000.00 0.00 100300000.00 573600000.00 1199800000.00 0.00 0.00 -1840600000.00 2453400000.00 3100000.00 2456500000.00 2531600000.00 4988100000.00 Items that will not be recassified to Profit or Loss 45600000.00 Items that will not be recassified to Profit or Loss -1500000.00 45600000.00 -1500000.00 11400000.00 -400000.00 Items that will be recassified to Profit or Loss 26200000.00 Items that will be recassified to Profit or Loss -828700000.00 26200000.00 -828700000.00 15400000.00 -237900000.00