General information about company
Scrip code	539353
NSE Symbol	NA
MSEI Symbol	NA
ISIN*	INE724G01014
Name of company	SAL AUTOMOTIVE LIMITED
Type of company
Class of security	Equity
Date of start of financial year	01-04-2024
Date of end of financial year	31-03-2025
Date of board meeting when results were approved	11-11-2024
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	09-11-2024
Description of presentation currency	INR
Level of rounding used in financial results	Lakhs
Reporting Quarter	Half yearly
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited	Unaudited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	11-11-2024 14:30
End date and time of board meeting	11-11-2024 16:15
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Not applicable

Financial Results – Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-07-2024	01-04-2024
B	Date of end of reporting period	30-09-2024	30-09-2024
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue 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.
1	Income
	Revenue from operations	9441	19463
	Other income	16	30
	Total income	9457	19493
2	Expenses
(a)	Cost of materials consumed	7787	15816
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-297	-198
(d)	Employee benefit expense	1154	2259
(e)	Finance costs	52	111
(f)	Depreciation, depletion and amortisation expense	108	212
(f)	Other Expenses
1	Power & Fuel Exp	167	358
2	Rent Exp	20	41
3	Repair & Maintainance Exp	87	168
4	Freight Outwards Exp	53	110
5	Travelling Exp	23	47
6	Security Exp	21	43
7	Others Exp	77	111
10
	Total other expenses	448	878
	Total expenses	9252	19078

Financial Results – Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-07-2024	01-04-2024
B	Date of end of reporting period	30-09-2024	30-09-2024
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue 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.
3	Total profit before exceptional items and tax	205	415
4	Exceptional items	0	0
5	Total profit before tax	205	415
7	Tax expense
8	Current tax	48	103
9	Deferred tax	0	7
10	Total tax expenses	48	110
11	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
14	Net Profit Loss for the period from continuing operations	157	305
15	Profit (loss) from discontinued operations before tax	0	0
16	Tax expense of discontinued operations	0	0
17	Net profit (loss) from discontinued operation after tax	0	0
19	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
21	Total profit (loss) for period	157	305

Financial Results – Ind-AS
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-07-2024	01-04-2024
B	Date of end of reporting period	30-09-2024	30-09-2024
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
	Total Amount of items that will not be reclassified to profit and loss
2	Income tax relating to items that will not be reclassified to profit or loss	0	0
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	0	0

Financial Results – Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-07-2024	01-04-2024
B	Date of end of reporting period	30-09-2024	30-09-2024
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue 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.
23	Total Comprehensive Income for the period	157	305
24	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
25	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	0	0
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
26	Details of equity share capital
	Paid-up equity share capital	240	240
	Face value of equity share capital	10	10
27	Details of debt securities
28	Reserves excluding revaluation reserve
29	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	6.54	12.71
	Diluted earnings (loss) per share from continuing operations	6.54	12.71
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	6.54	12.71
	Diluted earnings (loss) per share from continuing and discontinued operations	6.54	12.71
30	Debt equity ratio
31	Debt service coverage ratio
32	Interest service coverage ratio
33	Disclosure of notes on financial results

Statement of Asset and Liabilities
Particulars		Half year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2024
Date of end of reporting period		30-09-2024
Whether results are audited or unaudited		Unaudited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	3514
	Capital work-in-progress	39
	Investment property	0
	Goodwill	0
	Other intangible assets	21
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	657
	Total non-current financial assets	657
	Deferred tax assets (net)	2
	Other non-current assets	242
	Total non-current assets	4475
2	Current assets
	Inventories	2491
	Current financial asset
	Current investments	0
	Trade receivables, current	4432
	Cash and cash equivalents	11
	Bank balance other than cash and cash equivalents	392
	Loans, current	0
	Other current financial assets	126
	Total current financial assets	4961
	Current tax assets (net)	0
	Other current assets	753
	Total current assets	8205

Statement of Asset and Liabilities
Particulars		Half year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2024
Date of end of reporting period		30-09-2024
Whether results are audited or unaudited		Unaudited
Nature of report standalone or consolidated		Standalone
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	12680
	Equity and liabilities
	Equity
	Equity attributable to owners of parent
	Equity share capital	240
	Other equity	3840
	Total equity attributable to owners of parent	4080
	Non controlling interest
	Total equity	4080
	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	826
	Trade payables, non-current	0
	Other non-current financial liabilities	135
	Total non-current financial liabilities	961
	Provisions, non-current	142
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	1103
	Current liabilities
	Current financial liabilities
	Borrowings, current	1645
	Trade payables, current	5324
	Other current financial liabilities	84
	Total current financial liabilities	7053
	Other current liabilities	258
	Provisions, current	184
	Current tax liabilities (Net)	2
	Deferred government grants, Current	0
	Total current liabilities	7497
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	8600
	Total equity and liabilites	12680
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-07-2024	01-04-2024
Date of end of reporting period		30-09-2024	30-09-2024
Whether accounts are audited or unaudited		Unaudited	Unaudited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Automobile Components	3981	7783
2	Agriculture Implements	5460	11680
	Total Segment Revenue	9441	19463
	Less: Inter segment revenue	0	0
	Revenue from operations	9441	19463
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Automobile Components	240	472
2	Agriculture Implements	136	290
	Total Profit before tax	376	762
	i. Finance cost	52	111
	ii. Other Unallocable Expenditure net off Unallocable income	119	236
	Profit before tax	205	415
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Automobile Components	7054	7054
2	Agriculture Implements	4333	4333
	Total Segment Asset	11387	11387
	Un-allocable Assets	1293	1293
	Net Segment Asset	12680	12680
4	Segment Liabilities
	Segment Liabilities
1	Automobile Components	3423	3423
2	Agriculture Implements	2704	2704
	Total Segment Liabilities	6127	6127
	Un-allocable Liabilities	2473	2473
	Net Segment Liabilities	8600	8600
	Disclosure of notes on segments	Textual Information(1)

Text Block

Textual Information(1)

4.The above financial results for the quarter and half year ended 30th Sep' 2024 were reviewed by the Audit Committee and thereafter approved by the Board of Directors in their meeting held at Ghaziabad on dated 11th Nov' 2024. The Statutory auditors have conducted a limited review of above financial results. 5. These financial results have been prepared as per Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and other accounting principles relevant thereto. 6. 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 seats, LCV seats, Seat mechanisms and Seat Frames for passenger and commercial vehicles ; b) Agriculture Implements, which includes Rotavators, Tractor trailers, Box Scrapper and Rotary Tiller etc.

Cash flow statement, indirect
Particulars		6 months ended (dd-mm-yyyy)
A	Date of start of reporting period	01-04-2024
B	Date of end of reporting period	30-09-2024
C	Whether results are audited or unaudited	Unaudited
D	Nature of report standalone or consolidated	Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax	415
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs	111
	Adjustments for decrease (increase) in inventories	-323
	Adjustments for decrease (increase) in trade receivables, current	-756
	Adjustments for decrease (increase) in trade receivables, non-current	0
	Adjustments for decrease (increase) in other current assets	-165
	Adjustments for decrease (increase) in other non-current assets	0
	Adjustments for other financial assets, non-current	0
	Adjustments for other financial assets, current	0
	Adjustments for other bank balances	0
	Adjustments for increase (decrease) in trade payables, current	1267
	Adjustments for increase (decrease) in trade payables, non-current	0
	Adjustments for increase (decrease) in other current liabilities	21
	Adjustments for increase (decrease) in other non-current liabilities	0
	Adjustments for depreciation and amortisation expense	211
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss	0
	Adjustments for provisions, current	0
	Adjustments for provisions, non-current	0
	Adjustments for other financial liabilities, current	0
	Adjustments for other financial liabilities, non-current	0
	Adjustments for unrealised foreign exchange losses gains	0
	Adjustments for dividend income	0
	Adjustments for interest income	28
	Adjustments for share-based payments	0
	Adjustments for fair value losses (gains)	0
	Adjustments for undistributed profits of associates	0
	Other adjustments for which cash effects are investing or financing cash flow	0
	Other adjustments to reconcile profit (loss)	0
	Other adjustments for non-cash items	0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships	0
	Total adjustments for reconcile profit (loss)	338
	Net cash flows from (used in) operations	753
	Dividends received	0
	Interest paid	0
	Interest received	0
	Income taxes paid (refund)	107
	Other inflows (outflows) of cash	0
	Net cash flows from (used in) operating activities	646
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses	0
	Cash flows used in obtaining control of subsidiaries or other businesses	0
	Other cash receipts from sales of equity or debt instruments of other entities	0
	Other cash payments to acquire equity or debt instruments of other entities	0
	Other cash receipts from sales of interests in joint ventures	0
	Other cash payments to acquire interests in joint ventures	0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships	0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships	0
	Proceeds from sales of property, plant and equipment	0
	Purchase of property, plant and equipment	536
	Proceeds from sales of investment property	0
	Purchase of investment property	0
	Proceeds from sales of intangible assets	0
	Purchase of intangible assets	0
	Proceeds from sales of intangible assets under development	0
	Purchase of intangible assets under development	0
	Proceeds from sales of goodwill	0
	Purchase of goodwill	0
	Proceeds from biological assets other than bearer plants	0
	Purchase of biological assets other than bearer plants	0
	Proceeds from government grants	0
	Proceeds from sales of other long-term assets	0
	Purchase of other long-term assets	0
	Cash advances and loans made to other parties	0
	Cash receipts from repayment of advances and loans made to other parties	0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts	0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts	0
	Dividends received	0
	Interest received	28
	Income taxes paid (refund)	0
	Other inflows (outflows) of cash	0
	Net cash flows from (used in) investing activities	-508
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries	0
	Payments from changes in ownership interests in subsidiaries	0
	Proceeds from issuing shares	0
	Proceeds from issuing other equity instruments	0
	Payments to acquire or redeem entity's shares	0
	Payments of other equity instruments	0
	Proceeds from exercise of stock options	0
	Proceeds from issuing debentures notes bonds etc	0
	Proceeds from borrowings	382
	Repayments of borrowings	363
	Payments of finance lease liabilities	0
	Payments of lease liabilities	44
	Dividends paid	108
	Interest paid	111
	Income taxes paid (refund)	0
	Other inflows (outflows) of cash	0
	Net cash flows from (used in) financing activities	-244
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes	-106
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents	0
	Net increase (decrease) in cash and cash equivalents	-106
	Cash and cash equivalents cash flow statement at beginning of period	509
	Cash and cash equivalents cash flow statement at end of period	403