General information about company

Scrip code539353
NSE SymbolNA
MSEI SymbolNA
ISIN*INE724G01014
Name of companySAL AUTOMOTIVE LTD
Type of company
Class of securityEquity
Date of start of financial year01-04-2023
Date of end of financial year31-03-2024
Date of board meeting when results were approved13-02-2024
Date on which prior intimation of the meeting for considering financial results was informed to the exchange07-02-2024
Description of presentation currencyINR
Level of rounding used in financial resultsLakhs
Reporting QuarterThird quarter
Nature of report standalone or consolidatedStandalone
Whether results are audited or unauditedUnaudited
Segment ReportingMulti segment
Description of single segment
Start date and time of board meeting13-02-2024 14:30
End date and time of board meeting13-02-2024 18:10
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualificationNot applicable



Financial Results Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-10-202301-04-2023
BDate of end of reporting period31-12-202331-12-2023
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1Income
Revenue from operations815324674
Other income27120
Total income818024794
2Expenses
(a)Cost of materials consumed643219464
(b)Purchases of stock-in-trade00
(c)Changes in inventories of finished goods, work-in-progress and stock-in-trade67144
(d)Employee benefit expense 9912913
(e)Finance costs58210
(f)Depreciation, depletion and amortisation expense119312
(f)Other Expenses
1POWER AND FUEL152465
2RENT1751
3REPAIR AND MAINTAINANCE47211
4FREIGHT OUTWARD49152
5TRAVELLING2871
6OTHERS106246
10
Total other expenses3991196
Total expenses806624239

Financial Results Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-10-202301-04-2023
BDate of end of reporting period31-12-202331-12-2023
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
3Total profit before exceptional items and tax114555
4Exceptional items 00
5Total profit before tax114555
7Tax expense
8Current tax17118
9Deferred tax720
10Total tax expenses24138
11Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement00
14Net Profit Loss for the period from continuing operations90417
15Profit (loss) from discontinued operations before tax00
16Tax expense of discontinued operations00
17Net profit (loss) from discontinued operation after tax00
19Share of profit (loss) of associates and joint ventures accounted for using equity method00
21Total profit (loss) for period90417

Financial Results Ind-AS

Particulars3 months/ 6 month ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-10-202301-04-2023
BDate of end of reporting period31-12-202331-12-2023
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Other comprehensive income [Abstract]
1Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2Income tax relating to items that will not be reclassified to profit or loss 00
3Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4Income tax relating to items that will be reclassified to profit or loss 00
5Total Other comprehensive income00

Financial Results Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-10-202301-04-2023
BDate of end of reporting period31-12-202331-12-2023
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
23Total Comprehensive Income for the period90417
24Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
25Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent00
Total comprehensive income for the period attributable to owners of parent non-controlling interests00
26Details of equity share capital
Paid-up equity share capital240240
Face value of equity share capital1010
27Details of debt securities
28Reserves excluding revaluation reserve
29Earnings per share
iEarnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations3.7417.39
Diluted earnings (loss) per share from continuing operations3.7417.39
iiEarnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations00
Diluted earnings (loss) per share from discontinued operations00
iiEarnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations3.7417.39
Diluted earnings (loss) per share from continuing and discontinued operations3.7417.39
30Debt equity ratio00
31Debt service coverage ratio00
32Interest service coverage ratio00
33Disclosure of notes on financial resultsTextual Information(1)

Text Block

Textual Information(1)3. The above unaudited financial results were reviewed by the Audit Committee and thereafter approved by the Board of Directors at its meeting held at Ghaziabad on February 13, 2024. The Statutory auditors have conducted a limited review of above financial results.
4. These financial results have been prepared in accordance with the recognition and measurement principles laid down in the Ind AS 34 "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and other accounting principles relevant thereto.
5. As per Ind AS - 108 dealing with "Operating Segment", Company has reported following two segments as its operating segments: -
a) Automobile Components, which includes Tractor seat, LCV Seat, Seat Mechanism and Seat Frame for passenger & commercial vehicles;
b) Agriculture Implements, which includes Rotavator, Tractor Trailer, Box Scrapper and Rotary Tiller etc.
6. Previous year figures for Segment assets and liabilities have been regrouped / recasted with current period figures wherever necessary to make them comparable.



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results

Particulars3 months/ 6 month ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period01-10-202301-04-2023
Date of end of reporting period31-12-202331-12-2023
Whether accounts are audited or unauditedUnauditedUnaudited
Nature of report standalone or consolidatedStandaloneStandalone
1Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1AUTOMOBILE COMPONENTS327910801
2AGRICULTURE IMPLEMENTS487413873
Total Segment Revenue815324674
Less: Inter segment revenue00
Revenue from operations 815324674
2Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1AUTOMOBILE COMPONENTS173681
2AGRICULTURE IMPLEMENTS124397
Total Profit before tax2971078
i. Finance cost58210
ii. Other Unallocable Expenditure net off Unallocable income125313
Profit before tax114555
3(Segment Asset - Segment Liabilities)
Segment Asset
1AUTOMOBILE COMPONENTS60916091
2AGRICULTURE IMPLEMENTS33983398
Total Segment Asset94899489
Un-allocable Assets19781978
Net Segment Asset1146711467
4Segment Liabilities
Segment Liabilities
1AUTOMOBILE COMPONENTS28872887
2AGRICULTURE IMPLEMENTS21922192
Total Segment Liabilities50795079
Un-allocable Liabilities25732573
Net Segment Liabilities76527652
Disclosure of notes on segmentsTextual Information(1)

Text Block

Textual Information(1)3. The above unaudited financial results were reviewed by the Audit Committee and thereafter approved by the Board of Directors at its meeting held at Ghaziabad on February 13, 2024. The Statutory auditors have conducted a limited review of above financial results.
4. These financial results have been prepared in accordance with the recognition and measurement principles laid down in the Ind AS 34 "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and other accounting principles relevant thereto.
5. As per Ind AS - 108 dealing with "Operating Segment", Company has reported following two segments as its operating segments: -
a) Automobile Components, which includes Tractor seat, LCV Seat, Seat Mechanism and Seat Frame for passenger & commercial vehicles;
b) Agriculture Implements, which includes Rotavator, Tractor Trailer, Box Scrapper and Rotary Tiller etc.
6. Previous year figures for Segment assets and liabilities have been regrouped / recasted with current period figures wherever necessary to make them comparable.