SATINDLTD2023-01-012023-03-31 SATINDLTD2023-01-012023-03-31 SATINDLTD2023-01-012023-03-31in-bse-fin:OneOperatingExpenses01Member SATINDLTD2023-01-012023-03-31in-bse-fin:FourOperatingExpenses01Member SATINDLTD2023-03-31 SATINDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue01Member SATINDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue02Member SATINDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue03Member SATINDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue04Member SATINDLTD2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue01Member SATINDLTD2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue02Member SATINDLTD2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue03Member SATINDLTD2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue04Member SATINDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults01Member SATINDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults02Member SATINDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults03Member SATINDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults04Member SATINDLTD2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults01Member SATINDLTD2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults02Member SATINDLTD2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults03Member SATINDLTD2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults04Member SATINDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets01Member SATINDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets02Member SATINDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets03Member SATINDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets04Member SATINDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities01Member SATINDLTD2023-03-31in-bse-fin:OneReportableSegmentLiabilities01Member SATINDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities02Member SATINDLTD2023-03-31in-bse-fin:OneReportableSegmentLiabilities02Member SATINDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities03Member SATINDLTD2023-03-31in-bse-fin:OneReportableSegmentLiabilities03Member SATINDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities04Member SATINDLTD2023-03-31in-bse-fin:OneReportableSegmentLiabilities04Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 511076 SATINDLTD NA Sat Industries Limited Equity 2022-04-01 2023-03-31 2023-05-25 2023-05-17 INR Lakhs Yearly 16:00:00 17:15:00 2023-05-25 2023-05-25 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2023-01-01 2023-03-31 Unaudited Standalone 314289000.00 3069000.00 317358000.00 258245000.00 0.00 1479000.00 2821000.00 5109000.00 1376000.00 39403000.00 308433000.00 8925000.00 0.00 8925000.00 760000.00 41000.00 801000.00 0.00 8124000.00 0.00 0.00 0.00 0.00 8124000.00 -1077000.00 7047000.00 7047000.00 0.00 226170000.00 2 0.07 0.07 0.00 0.00 0.07 0.07 1. The audited Financial Results and Segment Results were reviewed by the Audit Committee and approved at the meeting of the Board of Directors of the Company held on May 25, 2023. The Company confirms that its statutory auditors, M/s Ajay Paliwal & Company., have issued audit report with unmodified opinion on the Standalone Financial Results. 2. There is no exceptional item. 3. Segment information as per Ind-AS 108, 'Operating Segments' is disclosed in Annexure -1. 4. The Honourable National Company Law Tribunal at Mumbai allowed the company 's petition CP(CAA)50/MB/2021 and sanctioned the scheme of amalgamation involving the amalgamation of its wholly owned subsidiary companies namely Italica Furniture Private Limited and Aeroflex International Limited under section 230-232 of the Companies Act, 2013 vide its order dated 06.01.2023 with it, with an appointed date 01/04/2020. The accounts have, therefore, been re-stated with effect from 01.04.2020 incorporating financials of the amalgamated companies. 5. The Board of Directors of the Company has recommended a Final Dividend of Rs. 0.10 (5%) per Equity Share of Rs. 2/- each for the financial year ended 31st March, 2023 to be paid on fully paid Equity Shares amounting to Rs. 113.09 lakhs. The Final Dividend is subject to the approval of shareholders at the Annual General Meeting. For the financial year ended 31st March, 2023 Company has paid an interim dividend of Rs. 0.10 (5%) per Equity Share of Rs. 2/- each on fully paid Equity Shares amounting to Rs. 113.09 lakhs aggregating to Rs. 0.20 (10%) dividend per Equity Share of Rs. 2/- each for the year, including recommended dividend . 6. The Company's one of the material subsidiary viz; Sah Polymers Limited entered into the capital market with its maiden initial public offering of 1,02,00,000 equity shares of Rs. 10/- each at a premium of Rs. 55/- per share aggregating to Rs. 6,630/- lakhs on 30th December, 2022. The issue closed on 04.01.2023 and was over-subscribed by 17.46 times. The equity shares are listed and traded on National Stock Exchange Limited and BSE Limited with effect from 12.01.2023. 7. Sah Polymers Limited successfully commissioned its new Flexible Intermediate Bulk Containers (FIBC) plant at Village : Modi, District : Udaipur, having production capacity of 3960 MT per annum and commenced commercial production with effect from January 25, 2023. With this commissioning, the total FIBC and other Bags production capacity of the Company has increased to 7920 MT per annum from 3960 MT per annum. The Board of Directors of the Company has recommended a maiden final dividend of Rs. 0.50 (5%) per Equity Share of Rs. 10/- each for the financial year ended 31st March, 2023. 8. Aeroflex Industries Limited, one of the Company's material subsidiary, has filed Draft Red Herring Propsectus (DRHP) with Securities Exchnage Board of India on 31-03-2023 to enter into capital market with an intial public offer of equity shares aggregating upto Rs. 16,000.00 lakh and offer for sale up to 1,75,00,000 equity shares from Sat Industries Limited and Italica Global FZC. The Board of Directors of the Company has recommended a final dividend of Rs. 0.20 (10%) per Equity Share of Rs. 2/- each for the financial year ended 31st March, 2023. 9. This statement is as per Regulation 33 of the SEBl (Listing Obligations and Disclosure Requirements) Regulations, 2015. Multi segment 2022-04-01 2023-03-31 Audited Standalone 1074601000.00 61659000.00 1136260000.00 875847000.00 14000000.00 109000.00 11433000.00 19785000.00 5492000.00 121152000.00 1047818000.00 88442000.00 0.00 88442000.00 14133000.00 -27000.00 14106000.00 0.00 74336000.00 0.00 0.00 0.00 0.00 74336000.00 686000.00 75022000.00 75022000.00 0.00 226170000.00 2 975839000.00 0.66 0.66 0.00 0.00 0.66 0.66 Other Expenses 39403000.00 Other Expenses 121152000.00 64903000.00 0.00 0.00 0.00 15000.00 0.00 0.00 0.00 546171000.00 0.00 136270000.00 12550000.00 694991000.00 0.00 0.00 759909000.00 36173000.00 0.00 85081000.00 180591000.00 0.00 430732000.00 4517000.00 700921000.00 0.00 148917000.00 886011000.00 0.00 0.00 1645920000.00 226170000.00 975839000.00 1202009000.00 1202009000.00 1292000.00 0.00 0.00 1292000.00 0.00 13818000.00 0.00 0.00 15110000.00 347111000.00 71624000.00 0.00 418735000.00 7418000.00 0.00 2648000.00 428801000.00 0.00 0.00 443911000.00 1645920000.00 Finance and Investment 16257000.00 Manufacturing 293468000.00 Other Income 3069000.00 Trading 4564000.00 Finance and Investment 73349000.00 Manufacturing 986543000.00 Other Income 61659000.00 Trading 14709000.00 317358000.00 1136260000.00 0.00 0.00 317358000.00 1136260000.00 Finance and Investment 12313000.00 Manufacturing -4906000.00 Other Income 3069000.00 Trading -1551000.00 Finance and Investment 19974000.00 Manufacturing 6100000.00 Other Income 61659000.00 Trading 709000.00 8925000.00 88442000.00 8925000.00 88442000.00 Finance and Investment 1524666000.00 Manufacturing 36173000.00 Other Income 0.00 Trading 85081000.00 1645920000.00 Finance and Investment 372286000.00 Manufacturing 71035000.00 Other Income 0.00 Trading 589000.00 443910000.00 0.00 3667000.00 49801000.00 0.00 4304000.00 -78682000.00 -8073000.00 27609000.00 0.00 24662000.00 0.00 -166000.00 -3523000.00 5492000.00 0.00 0.00 0.00 0.00 -59168000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 40355000.00 -105000.00 0.00 6173000.00 94615000.00 21075000.00 -19785000.00 0.00 -11081000.00 -404000.00 146152000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 33150000.00 1789000.00 39834000.00 43077000.00 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 21075000.00 0.00 0.00 0.00 0.00 49193000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1137000.00 0.00 0.00 0.00 28271000.00 19785000.00 0.00 0.00 -46919000.00 148426000.00 0.00 148426000.00 32167000.00 180593000.00 -1077000.00 686000.00 0.00 0.00 0.00 0.00