SIMBHALS2023-07-012023-09-30 SIMBHALS2023-07-012023-09-30 SIMBHALS2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member SIMBHALS2023-07-012023-09-30in-bse-fin:OneOperatingExpenses02Member SIMBHALS2023-07-012023-09-30in-bse-fin:OneOperatingExpenses03Member SIMBHALS2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member SIMBHALS2023-07-012023-09-30in-bse-fin:FourOperatingExpenses02Member SIMBHALS2023-07-012023-09-30in-bse-fin:FourOperatingExpenses03Member SIMBHALS2023-09-30 SIMBHALS2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue01Member SIMBHALS2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue02Member SIMBHALS2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue03Member SIMBHALS2023-07-012023-09-30in-bse-fin:OneReportableSegmentRevenue04Member SIMBHALS2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue01Member SIMBHALS2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue02Member SIMBHALS2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue03Member SIMBHALS2023-07-012023-09-30in-bse-fin:FourReportableSegmentRevenue04Member SIMBHALS2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults01Member SIMBHALS2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults02Member SIMBHALS2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults03Member SIMBHALS2023-07-012023-09-30in-bse-fin:OneReportableSegmentResults04Member SIMBHALS2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults01Member SIMBHALS2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults02Member SIMBHALS2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults03Member SIMBHALS2023-07-012023-09-30in-bse-fin:FourReportableSegmentResults04Member SIMBHALS2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets01Member SIMBHALS2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets02Member SIMBHALS2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets03Member SIMBHALS2023-07-012023-09-30in-bse-fin:OneReportableSegmentAssets04Member SIMBHALS2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member SIMBHALS2023-09-30in-bse-fin:OneReportableSegmentLiabilities01Member SIMBHALS2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member SIMBHALS2023-09-30in-bse-fin:OneReportableSegmentLiabilities02Member SIMBHALS2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member SIMBHALS2023-09-30in-bse-fin:OneReportableSegmentLiabilities03Member SIMBHALS2023-07-012023-09-30in-bse-fin:OneReportableSegmentLiabilities04Member SIMBHALS2023-09-30in-bse-fin:OneReportableSegmentLiabilities04Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 539742 SIMBHALS NOTLISTED Simbhaoli Sugars Limited Equity 2023-04-01 2024-03-31 2023-11-07 2023-11-02 INR Lakhs Half yearly 15:00:00 16:30:00 2023-11-07 2023-11-07 true Cash Flow Indirect Not applicable Multi segment 2023-07-01 2023-09-30 Unaudited Standalone 2990138000.00 50466000.00 3040604000.00 11274000.00 161831000.00 2310202000.00 147861000.00 67314000.00 69735000.00 665869000.00 3434086000.00 -393482000.00 0.00 -393482000.00 0.00 0.00 0.00 0.00 -393482000.00 0.00 0.00 0.00 0.00 -393482000.00 0.00 -393482000.00 0.00 0.00 412790000.00 10 -9.53 -9.53 0.00 0.00 -9.53 -9.53 Notes to Standalone Results: 1. For the half year ended September 30, 2023 and in previous years, due to higher raw material cost i.e. sugarcane costs (SAP) fixed by State government and relatively lower sales realization of finished sugar on adverse demand & supply scenario, and other eternal factors, the Company had continuously incurred huge cash losses resulting in complete erosion of its net worth, rendering the Company unable to meet payment obligations towards its lenders as well as to the sugarcane farmers in terms of their respective agreements and understanding. All the production units of the Company are operational and continue to operate at sub-optimum levels on year-on-year basis while consistent efforts are being made for improvement in operational efficiency viz. improvement in sugar recovery, reduction in overheads and reduction in other operational and administrative costs etc. However, due to lack of required working capital and no capex being undertaken towards augmentation and modernization, the operations of distillery and sugar plants are still adversely impacted. Further, the availability of required sugarcane for optimal utilization of production capacities is still a challenge on account of aforesaid reasons. In distillery segment, non-installation of incineration boilers and other equipment’s to meet the stringent requirement of Pollution Control Board is still resulting in curtailed production levels. Further, the expected accrued benefits under the Sugar Industries Promotion policy 2004 has not been yet disbursed by the State Government as the matter is sub-judice. Recognizing the status of the sugar industry, the state and central governments have taken a number of measures in past to improve the financial health of sugar mills and to support the liquidation of sugarcane arrears by grant of soft loan, fixing minimum support price of sugar, and Ethanol blending program with petrol coupled with long term tendering and fixing remunerative selling price of ethanol etc. All these measures specifically ethanol blending programme, have resulted in revival of the sugar industry but the Company is continuing to suffer and incurring losses on account of non-availability of sufficient sugar cane commensurate to its crushing capacities, on account of delayed payment of sugar cane prices due to adverse liquidity position, which have resulted in the diversion of sugar cane in the command areas to the other adjoining sugar mills. Benefits under soft loan could also not be availed, since credit facility accounts with its lenders were having NPA categorisation. Multi segment 2023-04-01 2023-09-30 Unaudited Standalone 6042081000.00 110879000.00 6152960000.00 854453000.00 392659000.00 3471850000.00 291000000.00 132704000.00 138624000.00 1368169000.00 6649459000.00 -496499000.00 0.00 -496499000.00 0.00 0.00 0.00 0.00 -496499000.00 0.00 0.00 0.00 0.00 -496499000.00 0.00 -496499000.00 0.00 0.00 412790000.00 10 -12.03 -12.03 0.00 0.00 -12.03 -12.03 Excise duty 407443000.00 Other expenses 243955000.00 Power & fuel 14471000.00 Excise duty 794440000.00 Other expenses 480948000.00 Power & fuel 92781000.00 11786494000.00 73458000.00 0.00 0.00 3278000.00 0.00 0.00 0.00 1101038000.00 0.00 0.00 20280000.00 1121318000.00 0.00 137629000.00 13122177000.00 976970000.00 0.00 240619000.00 116843000.00 383576000.00 818573000.00 169648000.00 1729259000.00 0.00 0.00 2706229000.00 0.00 0.00 15828406000.00 412790000.00 -1490722000.00 -1077932000.00 -1077932000.00 30490000.00 0.00 0.00 30490000.00 52561000.00 0.00 0.00 0.00 83051000.00 10082693000.00 3752203000.00 2818861000.00 16653757000.00 155602000.00 13928000.00 0.00 0.00 16823287000.00 0.00 0.00 16906338000.00 15828406000.00 Borrowings 0.00 Distillery 1042332000.00 Sugar 1963431000.00 Unallocated 0.00 Borrowings 0.00 Distillery 2254013000.00 Sugar 4212736000.00 Unallocated 0.00 3005763000.00 6466749000.00 15625000.00 424668000.00 2990138000.00 6042081000.00 Borrowings 0.00 Distillery -57197000.00 Sugar -289980000.00 Unallocated 0.00 Borrowings 0.00 Distillery -33773000.00 Sugar -365062000.00 Unallocated 0.00 -347177000.00 -398835000.00 67314000.00 132704000.00 -21009000.00 -35040000.00 -393482000.00 -496499000.00 Borrowings 0.00 Distillery 3602590000.00 Sugar 10272399000.00 Unallocated 1953417000.00 15828406000.00 0.00 15828406000.00 Borrowings 10113183000.00 Distillery 205040000.00 Sugar 3988282000.00 Unallocated 2599833000.00 16906338000.00 0.00 16906338000.00 132704000.00 3531317000.00 62923000.00 0.00 0.00 -4116000.00 0.00 -5423000.00 0.00 -3133870000.00 0.00 0.00 -2171000.00 138624000.00 0.00 0.00 2695000.00 0.00 -5169000.00 0.00 0.00 86771000.00 0.00 0.00 0.00 -10160000.00 0.00 0.00 0.00 620583000.00 124084000.00 0.00 0.00 0.00 5158000.00 0.00 118926000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 66729000.00 0.00 -50000.00 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 73433000.00 0.00 -328000.00 0.00 6426000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 134321000.00 0.00 0.00 0.00 21464000.00 0.00 0.00 -155785000.00 -30433000.00 0.00 -30433000.00 147275000.00 116842000.00 0.00 0.00 0.00 0.00