MI

lomiall ids contac Plot Now}, Maruti Joint Venture Complex, Gurugram, Hary: 20) 9PLC347460 Websites www prach.coin Phone New 9643

26 May, 2021

BSE Limited	National Stock Exchange of India Ltd.
Corporate Relationship Deptt.	Exchange Plaza, Plot No.C/1, G-Block Bandra
P] Towers, 25th Floor, Dalal Street,	Kurla Complex, Bandra (East),
Mumbai~ 400 001;	Mumbai— 400 051.
Code No: 543214.ne	Code No. NDRAUTO

Sub: Outcome of the meeting

The Board of Directors of the Company at its meeting held on 26 May, 2021 inter alia has considered and transacted the following business:

1 Considered and approved the audited Standalone & Consolidated financial results for the quarter/year ended 31° March, 2021 and pursuant to regulation 33 of the SEBI Regulations, took note of the Auditors' Report on the audited standalone and consolidated financial results for the year ended 31% March, 2021, issued by the Statutory Auditors, M/s S. S. Kothari Mehta & Co., Chartered Accountants. (attached as Annexure- !)
- Pursuant to Regulation 43 of the SEBI Regulations, the Board of Directors has recommended dividend@ 10% i.e. Re. 1/- per Equity share of Rs.10/- each of the Company for the year ended 31° March, 2021.
- Accepted resignation of Ms. Nitasha Sinha, as Company Secretary and Compliance Officer with effect from the close of business hours of 1% June, 2021.
Appointed Ms. Komal Jain (ACS No 40470) as Company Secretary and Compliance Officer w.e.f, 2"? June, 2021. Detailed profile is enclosed as Annexure-ll.
uw Approved revised Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information and Code of Conduct for Regulating, Monitoring and Reporting

Registered office: Level-5, Regus Caddie Commercial Tower, Hospitality Dist rict Aerocl Airport, New Delhi 110037 Vel. +94. 011-6654 4976

"NDR AUTO COMPONENTS LIMITED

CIN: L29304DL2019PLC347460 Website: www.ndrauto.com Email id: contact(@nacl.co.in Phone No.: 9643339870-74 of Trading by Insiders and Corporate Social Responsibility Policy and Risk Management

policy.

You are requested to take the same on record.

Thanking You, Yours Faithfull omponents Limited

Company Secretary Membership No. 27439

Registered office: Level-5, Regus Caddie Commercial Tower, Hospitality District Aerocity, iG! Airport, New Delhi 110037 Tel.: +91 011-6654 4976

-. NDR AUTO COMPONENTS LIMITED

Corporate office: Plot No.1, Maruti Joint Venture Complex. Gurugram, Haryana-122015 CIN: 1.29304DL2019PLC347460 Website: www.ndrauto.com Email id: contact(@nacl.co.in Phone No.: 9643339870-74 Limited National Stock Exchange of India Ltd.

26'" May, 2021

NDRAUTO-.	COMPONENTSLIMITED
CIN: 1.29304DL2019PLC347460	Corporate office: Plot No.1, Maruti Joint Venture Complex. Gurugram, Haryana-122015Website: www.ndrauto.com
Email id: contact(@nacl.co.in	Phone No.: 9643339870-74
May, 202126'"
BSE
Corporate Relationship Deptt.	Exchange Plaza, Plot No.C/1, G-Block Bandra
PJ Towers, 25th Floor, Dalal Street,	Kurla Complex, Bandra (East),
Mumbai— 400 001	Mumbai— 400 051.
543214Code No:	Code No.NDRAUTO

Sub: Regulation 33 of the SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 — Declaration for Audit Report with Unmodified Opinion for the Financial year ended on 31°t March, 2021

Dear Sir

Pursuant to Regulation 33(3) of the SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015, we hereby declare that the Statutory Auditors of the Company, M/s S. S. Kothari Mehta & Co., Chartered Accountants (ICAI Firm Registration no. OOO756N has issued the Audit Report with Unmodified Opinion in respect of the Audited Consolidated and Standalone Financial Results for the financial year ended 31%t March, 2021.

You are requested to take the same on record.

FOR NDR AUTO COMPONENTS LIMITED

(VINOD KUMAR) CHIEF FINANCIAL OFFICER

Registered office: Level-5, Regus Caddie Commercial Tower, Hospitality District Aerocity, |G] Airport, New Delhi 110037 Tel.: +91 011-6654 4976

NDR Auto Components LimitedRegd. Office : Level - 5, Regus Caddie Commercial Tower, Hospitality District Aerocity, IGI Airport, New Delhi - 110037CIN: U29304DL2019PLC347460

WEBSITE: www.ndrauto.com; E-mail: [email protected], Phone: +91 11 66544976STATEMENT OF STANDALONE AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31, 2021

						(Rs. in lakhs, except per share data)
			Quarter Ended		Year / period Ended
S. No.	Particulars	31-03-2021	31-12-2020	31-03-2020	31-03-2021	$01 - 01 - 2019$31-03-2020T 0
	Income:	(Audited)	(Unaudited)	(Unaudited)	(Audited)	(Audited)
	Revenue from operations	5,219.16	3,058.93	,604.49	11,412.90
	Other Income	229.10	280.20	195.46	829.97	918.659,661.52
	Total income	5,448.26	3,339.13	1,799.95	12242.87	10,580.17
2	Expenses
	a) Cost of materials consumed	3,858.61	2,246.96	,212.79	8,471.77	7,106.01
	b) Changes in inventories of finished goods and work-in-progress	(37.78)	28.86	(54.10)	16.95	103.41
	c) Employee benefits expense	275.06	108.67	46.62	547.68	492.93
	d) Finance costs	10.72	0.31	10.73	12.10	15.48
	e) Depreciation and amortisation expense	162.41	117.45	146.31	497.42	737.54
	f) Other expenses	808.17	450.51	411.20	1,740.12	2,025.30
	Total expenses	5,077.19	2,952.76	1,773.55	11,286.04	10,480.67
3	Profit/(loss) before Tax (1-2)	371.07	386.37	26.40	956.83	99.50
4	Tax expenses
	a) Current tax	112.32	99.62	10.90	263.28	50.40
	b) Deferred tax expense/(credit)	4.05	0.34	(3.25)	(0.58)	117.49)
	Total tax expense	116.37	99.96	7.65	262.70	(67.09)
n	Profit/(loss) for the period (3-4)	254.70	286.41	18.75	694.13	166.59
6	taxOther comprehensive income/(loss), net of income
	Items that will not be reclassified to profit & loss in subsequent periods,net of tax	19.17	(4.86)	(31.85)	4.63	(24.11)
$\overline{ }$	net of tax $(5+6)$Total comprehensive income/(loss) for the period,	273.87	281.55	(13.10)	698.76	142.48
$\infty$	per sharePaid-up equity share capital (face value of Rs.10/-	594.63	594.63	594.63	594.63	594.63
$\circ$	Other equity (reserve) as shown in the audited balance sheet				13,366.80	12,668.04
10	'Rs.10/-each):Earning per equity share (EPS)* (nominal value of
	a) Basic (Rs.	4.28	4.82	0.32	11.67	2.80
	b) Diluted (Rs.)	4.28	4.82	0.32	11.67	2.80
	*EPS is not annualised for the quarter ended March 31, 2021, December 31, 2020 and March 31, 2020

NOTES:

The above standalone financial results of NDR Auto Components Limited ("the Company") have been prepared in accordance with Indian Accounting Standards (IND-AS) asprescribed under section 133 of the Companies Act, 2013 re

The figures for the last quarter are the balancing figures between audited figures in respect of the full financial year upto March 31, 2021 and the unaudited published year to date figures upto December 31, 2020 being the 2
The Company has only one reportable business segment as it manufactures and deals only in auto component parts in terms of Ind AS 108 "Operating Segment". Further, the Company operates only in one geographical segment -Ind Companies (Indian Accounting Standards) Rules, 2015, as amended. $\omega$
Consequent to the uncertainties caused due to continuation of Covid-19 pandemic, the Company has considered the possible effects that may result from this pandemic in the preparation of these financial statements and has d $\overline{4}$
The above standalone financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 26th May 2021. Thefigures reported above for the quarter ended on March 31, $\mathbf S$
The Code on Social Security, 2020 ('Code') relating to employee benefits during employment and post-employment benefits received Presidential assent in September 2020.The Code has been published in the Gazette of India. H $\circ$
Pursuant to the National Company Law Tribunal (NCLT) order, dated February 20, 2020, the Automobile Seating Business of Sharda Motor Industries Limited (SMIL) hasbeen demerged into NDR Auto Components Limited (Resulting C $\overline{7}$

Process to Scheme of Ampurans minimal consumity of stating Undertaking vested in it pursuant to this Scheme at the respective Book Values thereof.a) NACL has recorded the assets and liabilities of the Automobile Seating U

$\infty$

$\circ$

Subject to the approval of shareholders in the ensuing Amual General Meeting of the Company, the board of directors has recommended a final dividend of 10% i.e. Re. 1/-per share of the face value of Rs. 10/- each aggregat

The standalone financial results of the Company for the quarter/ year ended on March 31, 2021 are also available on the Company's websites (www.ndrauto.com), BSE(www.bseindia.com) and NSE (www.nseindia.com).

The figures of previous period/year has been regrouped /reclassified wherever required to conform to the current period's presentation $10$

Gurugram26th May, 2021 PLACE:DATE:

RAJAT BHANDARIEXECUTIVE DIRECTOR

Perandery

For and on behalf of Board of Directors

NDR Auto Components LimitedRegd. Office : Level - 5, Regus Caddie Commercial Tower, Hospitality District Aerocity, IGI Airport, New Delhi - 110037WEBSITE: www.ndratto.com; E-mail: [email protected], Phone: +91 11 66544976W

$\sim$ $\omega$

ě STANDALONE AUDITED STATEMENT OF ASSETS AND LIABILITIES AS AT MARCH 31, 2021

a) Property plant & equipmentb) Capital work in progressh) Deferred tax assets (net)f) Other non-current assetsTotal non-current assetsg) Non-current tax assetsc) Right-of-use assetsi) InvestmentsNon-current assetsd) Intangible assetse) Financial assetsb) Financial assets2 Current assetsii) Loansa) InventoriesASSETS	3,651.05450.643.36322.42(Audited)31st March 2021	(Audited)March 31, 2020



		3,307.47

		3.92
		0.36

		165.50
	$\frac{165.50}{ }$	40.47
	5249	11.43
	399.01	17.07
	736	$\frac{125.60}{25.60}$
	124.62	3,703.82
	5,176.45

		689.99
	1,238.83
	3,110.56	606.30
i) Trade receivables		524.07
ii) Cash and cash equivalents	18973	9,086.00
iii) Other bank balances	8,159.00
iv) Other financial assets		980
Loans	10.22	231.15
Others	$\frac{139.52}{ }$	384.97
c) Other current assets	209.81	0.08
d) Asset held for sale	13,257.67	11,532.36
Total current assets		15,236.18
TOTAL ASSETS	18,434.12

EQUITY AND LIABILITIES
Equity	594.63	594.63
a) Equity share capital	$\frac{13,366.80}{13,366.80}$	12,668.04
b) Other equity	13,961.43	13,262.67
Total equity

2 LIABILITIES
Non-Current liabilities
a)Financial liabilities	417.23
Lease liabilities	139.22	82.10
b)Provisions	S56.45	82.10
Total Non-current liabilities
Current liabilities
a) Financial liabilities
i)Trade payables		67.19
Total outstanding dues of micro enterprises and small	259.83
enterprises	3,310,90	1,506.93
- Total outstanding dues of creditors other than micro enterprises
and small enterprises	26.41	37.54
ii) Lease liabilities	161.33	74.89
iii) Other financial liabilities	37.36	05,60
b) Other current liabilities	120.41	109.26
c) Provisions	3,916.24	1,891.41
Total current liabilitiesTOTAL EQUITY AND LIABILITIES	18,434.12	15,236.18

For and on behalf of Board of Directors $\bigotimes_{\text{RAA,1}} \bigotimes_{\text{BA,1}} \bigotimes_{\text{BA,1}} \bigotimes_{\text{NA}} \bigcup_{\text{NA}}$

$\begin{split} \frac{d}{dt} & = \sqrt{1-\frac{1}{2} \frac{d^2}{dt^2}} \ & = \frac{1}{2} \frac{d}{dt} \end{split}$

PLACE: GurugramDATE: 26th May, 2021

NDR Auto Components LimitedRegd. Office : Level - 5, Regus Caddie Commercial Tower, Hospitality District Aerocity, IGI Airport, New Delhi - 110037CIN: U29304DL2019PLC347460WEBSITE: www.ndrauto.com; E-mail: [email protected]

STANDALONE STATEMENT OF AUDITED CASH FLOW FOR YEAR ENDED MARCH 31, 2021(Rs. in lakhs, except as otherwise stated)(Rs. in lakhs, except as otherwise stated)

	Year Ended31st March 2021	For the period fromJanuary 01, 2019 to
	(Audited)	March 31, 2020(Audited)
PERATING ACTIVITIESCASH FLOW FROM
Profit before income tax	956.83	99.50
Adjustments to reconcile profit before tax to net cash flows:
Depreciation and amortization expense	497.42	737.54
Provision for doubtful debts	2.56	4.59
Loss on sale of property, plant and equipment	(0.27)	(2.31)
Finance cost	7.85	15.48
Interest on lease liability	4.25
Interest income	(494.64)	(711.29)
Dividend Income	(57.00)	(110.25)
Excess provision no longer required written back		(2.77)
backSundry liabilities written	(91.92)	(91.03)
working capital changesOperating profit before	825.08	(60.54)
Adjustments for changes in working capital :
(Increase)/decrease in inventories	(548.84)	255.50
(Increase)/decrease in trade receivables	(2,506.82)	1,128.23
(Increase)/decrease in other financial assets	(20.73)	(261.22)
(Increase)/decrease in other assets	175.48	(186.12)
Increase/(decrease) in trade payables	2,088.53	(377.09)
Increase/(decrease) in other liabilities	(58.24)	113.82
Increase/(decrease) in other financial liabilities	47.92	(149.01)
Increase/(decrease) in provisions	74.46	(68.28)
Cash generated from operating activities	76.84	395.29
Income tax paid (net of refunds)	(253.57)	(67.47)
Net cash flow from/ (used in) operating activities	(176.73)	327.82

CASH FLOW FROM INVESTING ACTIVITIES
Purchase of property, plant and equipment including capital advances net of capital creditors	(1,471.59)	(18.13)
Proceeds from sale of property, plant and equipment	0.62	19.68
Proceeds from sale of intangible assets		3.04
Fixed Deposits made during the year	(15,007.77)	(14,368.00)
Fixed Deposits matured during the year	15,934.77	12,780.89
Dividend received from non current investment	57.00	110.25
Interest income received	586.27	480.14
investing activitiesNet cash from/(used in)	99.30	(992.13)

INANCING ACTIVITIES:CASH FLOW FROM F
Issue of equity shares		1.00
Repayment of principal lease payment	(44.81)	(43.25)
lease liabilityRepayment of interest on	(4.25)	(4.82)
Other finance cost paid	(7.85)	(10.66)
financing activitiesNet cash from /(used in)	(56.91)	(57.73)
cash equivalents (A+B+C)Net increase in cash and	(134.34)	(722.04)
Cash and cash equivalents at the beginning of the period/ acuired pursuant to the scheme ofarrangments	524.07	1,246.11
	389.73	524.07
Cash and cash equivalents at the end of the period

$\mathbf{B}.$

Note: The cash flow statement has been prepared under the indirect method as set out in Indian Accounting Standard (IND AS) 7 statement of cash flows.

Gurugram26th May, 2021 Place:Date:

RAJAT BHANDARIEXECUTIVE DIRECTOR

For and on behalf of Board of DirectorsRahamada

$\circ$

NDR Auto Components LimitedRegd. Office : Level - 5, Regus Caddie Commercial Tower, Hospitality District Aerocity, IGI Airport, New Delhi - 110037WEBSITE: www.ndrauto.com; E-mail: [email protected], Phone: +91 11 66544976S

			Quarter Ended			Year / period Ended
S. No.	Particulars	31-03-2021	31-12-2020	31-03-2020	31-03-2021	01-01-201931-03-2020To
		(Audited)	(Unaudited)	(Unaudited)	(Audited)	(Audited)
	Total income from operations	5,448.26	3,339.13	1,799.95	12,242.87	10,580.17
$\sim$	tax, exceptional and/or extraordinary items)Net profit/(loss) for the period (before	371.07	386.37	26.40	956.83	99.50
$\tilde{\phantom{0}}$	and/or extraordinary items)Net profit/(loss) for the period before taxafter exceptional	371.07	386.37	26.40	956.83	99.50
	Net profit/(loss) for the period after tax (after exceptional and/or extraordinaryitems)	254.70	286.41	18.75	694.13	166.59
$\mathbf{v}$	Total comprehensive income((loss) for the period [comprising profit for theand other comprehensive income (after tax)]period (after tax) a	273.87	281.55	(13.10)	698.76	142.48
$\circ$	Equity share capital	594.63	594.63	594.63	594.63	594.63
	Other equity (reserves) (excluding revaluation reserve) as shown in the auditedbalance sheet				13,366.80	12,668.04
$\infty$	Earnings per share (of Rs. 10/- each) (for continuing and discontinuedoperations) (In Rs.)
	$(a)$ Basic $(Rs.)$	4.28	4.82	0.32	11.67	2.80
	(b) Diluted (Rs.)	4.28	4.82	0.32	11.67	2.80

The above is an extract of the detailed format of quarterly/ yearly standalone financial results filed with the Stock Exchange under Regulation 33 of the SEBI (Listing obligations andDisclosure Requirements). Regulations, Notes:a)

The above standalone financial results of NDR Auto Components Limited ("the Company") have been prepared in accordance with Indian Accounting Standards (IND-AS) as prescribedunder section 133 of the Companies Act, 2013 re $\widehat{\mathbf{d}}$

The above standalone financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 26th May 2021. The figures reportedabove for the quarter ended on March 31, $\mathbf{c})$

hed year to date figu ed publi The figures for the last quarter are the balancing figures between audited figures in respect of the full financial year upto March 31, 2021 and the upto December 31, 2020 being the date of the third quarter of the financi $\widehat{\mathtt{d}}$

For and on behalf of Board of Directors

PLACE: GurugramDATE: 26th May, 2021

Relandary

RAJAT BHANDARIEXECUTIVE DIRECTOR

NDR Auto Components Limitedmercial Tower, Hospitality District Aerocity, IGI Airport, New Delhi - 110037CIN: U29304D12019PLC347460 Regd. Office : Level - 5, Regus Caddie Cor

WEBSITE: www.ndrauto.com; E-mail: [email protected], Phone: +91 11 66544976STATEMENT OF CONSOLIDATED AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31, 2021

						(Rs. in lakhs, except per share data)
			Quarter Ended			Year/Period Ended
S. No.	Particulars					01-01-2019
		31-03-2021	31-12-2020	31-03-2020	31-03-2021
						31-03-2020
		$(A$ udited $)$	(Unaudited)	(Unaudited)	(Audited)	(Audited)
	Income:
	Revenue from operations	5,219.16	3,058.93	1,604.49	11,412.90	9,661.52
	Other Income	229.10	268.20	195.46	772.97	808.40
	Total income	5,448.26	3,327.13	1,799.95	12185.87	10,469.92
$\mathbf{r}$	Expenses
	a) Cost of materials consumed	3,858.61	2,246.96	1,212.79	8,471.77	7,106.01
	b) Changes in inventories of finished goods and work-in-progress	(37, 78)	28.86	(54.10)	16.95	103.41
	c) Employee benefits expense	275.06	108.67	46.62	547.68	492.93
	d) Finance costs	10.72	$\overline{0}$	10.73	12.10	15.48
	e) Depreciation and amortisation expense	162.41	117.45	146.31	497.42	737.54
	f) Other expenses	808.17	450.51	411.20	1,740.12	2,025.30
	Total expenses	5,077.19	2,952.76	1,773.55	11,286.04	10,480.67

w	Share of profit/(loss) of associate	152.28	189.71	(19.98)	133.06	492.81
4	Share of profit/(loss) of joint ventures	39.27	40.44	16.97	82.97	109.91
u,	Profit/(loss) before Tax (1-2+3+4)	562.62	604.52	23.39	1,115.86	591.97
٠	Tax expenses
	a) Current tax	126.66	96,61	10.90	263.28	50.40
	b) Deferred tax expense/(credit)	4.05	0.34	(3.25)	(0.58)	(117.49)
	Total tax expense	130.71	96.95	7.65	262.70	(67.09)
t,	$(5-6)$Profit/(loss) for the period	431.91	507.57	15.74	853.16	659.06
$\infty$	Other comprehensive income/(loss):
	Items that will not be reclassified to profit or loss
	a) Gains/(losses) on defined benefit plansb) Gains/(losses) on share of other comprehensive income of associate and	25.62	(6.50)	(42.48)	$\frac{9}{5}$	(32.22)

	Joint ventures	2.37	0.14	(2.57)	2.78	16.39
	c) Income tax effect	(6.91)	1.61	12.49	(2.12)	3.89
	Total other comprehensive income/(loss) for the period	21.08	(4.75)	(32.56)	6.85	(11.94)
o.	Total comprehensive income/(loss) for the period, net of tax (7+8)	452.99	502.82	(16.82)	860.01	647.12
$\mathbf{e}$	Paid-up equity share capital (face value of Rs.10/- per share)	594.63	594.63	594.63	594.63	594.63
$\Xi$	Other equity (reserve) as shown in the audited balance sheet				17,222.82	16,362.81
$\tilde{a}$	Earning per equity share (EPS)* (nominal value of Rs.10/- each):
	a) Basic (Rs.)	7.26	8.34	0.26	14.35	11.08
	b) Diluted (Rs.)	7.26	8.54	0.26	14.35	11.08
	*EPS is not annualised for the quarter ended March 31, 2021, December 31, 2020 and March 31, 2020

NOTES:

The above consolidated financial results of NDR Auto Components Limited ("the Company") have been prepared in accordance with Indian Accounting Standards (IND-AS) as prescribed under section 133 of the Companies Act, 2013
The figures for the last quarter are the balancing figures between audited figures in respect of the full financial year upto March 31, 2021 and the unaudited published year todate figures upto December 31, 2020 being the $\boldsymbol{\sim}$
The Company has only one reportable business segment as it manufactures and deals only in auto component parts in terms of lnd AS 108 "Operating Segment". Further, the Company operates only in one geographical segment In $\omega$
Consequent to the uncertainties caused due to continuation of Covid-19 pandemic, the Company has considered the possible effects that may result from this pandemic in the preparation of these financial statements and has $\ddot{\phantom{1}}$
The Consolidated financial results include the results of the Company, 1 associate and 2 joint ventures. $\langle \cdot \rangle$
The above consolidated financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 26th May 2021. Thefigures reported above for the quarter ended on March 31 $\infty$
The Code on Social Security, 2020 ('Code') relating to employee benefits during employment and post-employment benefits received Presidential assent in September 2020.The Code has been published in the Gazette of India. H $\overline{\phantom{a}}$

$\infty$

Pursuant to the National Company Law Tribunal (NCLT) order, dated February 20, 2020, the Automobile Seating Business of Sharda Motor Industries Limited (SMIL) hasbeen denerged into NDR Auto Components Limited (Resulting C

Subject to the approval of shareholders in the ensuing Annual General Meeting of the Company, the board of directors has recommended a final dividend of 10% i.e. Re. 1/-per share of the face value of Rs. 10/- each aggrega $\sigma$
$\epsilon$ com) and ndrauto. ended on March 31, 2021 are also available on the Company's websites (www. The consolidated financial results of the Company for the quarter/ year $\epsilon$ the website of BSE (www.bseindia.com) and NSE (www.nseindia.com). $\Xi$
The figures of previous periodlyear has been regrouped treclassified wherever required to conform to the current period's presentation $\equiv$

on behalf of the Board of Directors Rehandar For and

RAJAT BHANDARIEXECUTIVE DIRECTOR

PLACE: GurugramDATE: 26th May, 2021

NDR Auto Components Limited 1-5, Regus Caddie Commercial Tower, Hospitality District Aerocity, IGI Airport, New Delhi - 110037 WEBSITE: www.ndrauto.com; E-mail: [email protected], Phone: +91 11 66544976

$\sqrt{2\pi}$

Regd. Office : Level - 5, Regus Caddie Cor

CONSOLIDATED AUDITED STATEMENT OF ASSETS AND LIABILITIES AS AT MARCH 31, 2021CONSOLIDATED AUDITED STATEMENT OF ASSETS AND LIABILITIES AS AT MARCH 31, 2021

	CONSOLIDATED AUDITED STATEMENT		(Rs. in lakhs, except per share data)
		March 2021As at	March 31, 2020As at
		(Audited)31st	(Audited)
	ASSETS

Ĩ.	a) Property plant & equipmentNon-current assets	3,651.05	3,307.47
	b) Capital work in progress	$\frac{32242}{450.64}$
	c) Right-of-use assets		$\frac{359}{036}$
	d) Intangible assets	536
	e) Financial assets
	i) Investments	4,021.52	3,860.27
		52.49	40.47
	ii) Loans	199.01	$\frac{43}{2}$
	f) Other non-current assets	7.36	17.07
	g) Non-current tax assets	124.62	125.60
	h) Deferred tax assets (net)	9,032.47	7,398.59
	Total non-current assets

	2 Current assets	1,238.83	68999
	a) Inventoriesb) Financial assets
		3,110.56	606.30
	i) Trade receivables	389.73	524.07
	ii) Cash and cash equivalents	8,159.00	9,086,00
	iii) Other bank balances
	iv) Other financial assets	10.22	9.80
	-LOLLS	139.52	231.15
	Others	209.81	384.97
	c) Other current assets		0.08
	d) Asset held for sale	13,257.67	11,532.36
	Total current assets	22,290.14	18,930.95
	TOTAL ASSETS

	EQUITY AND LIABILITIES

	Equity	594.63	594,63
	a) Equity share capital	17,222.82	16,362.81
	b) Other equity	17,817.45	16,957.44
	Total equity

	2 LIABILITIES

	Non-Current liabilities
	Financial liabilitics	417.23
	Lease liabilities	139.22	82.10
	Total Non-current liabilitiesProvisions	556.45	$\frac{10}{10}$

	Current liabilities
	a) Financial liabilities
	i)Trade payables	25983	67.19
	-Total outstanding dues of micro enterprises and small enterprises
	- Total outstanding dues of creditors other than micro enterprises	3,310,90	1,506.93
	and small enterprises		37.54
	ii) Lease liabilities	26.41	$\frac{89}{148}$
	iii) Other financial liabilities	$\frac{37.36}{ }$161.33	95.60
	b) Other current liabilities	120.41	109.26
	c) Provisions	3,916.24	1,891.41
	Total current liabilities	4,472.69
	Total liabilities	22,290.14	1,973.5118,930.95
	TOTAL EQUITY AND LIABILITIES

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For and on behalf of the Board of Directors RALANA

dijakana.K

化学系统

hollanSamar

PLACE: GurugramDATE: 26th May, 2021

NDR Auto Components LimitedRegd. Office : Level - 5, Regus Caddie Commercial Tower, Hospitality District Aerocity, IGI Airport, New Delhi - 110037CIN: U29304DL2019PLC347460WEBSITE: www.ndrauto.com; E-mail: [email protected]

CONSOLIDARED STATEMENT OF AUDITED CASH FLOW FOR YEAR ENDED MARCH 31, 2021

$\blacktriangle$

		(Rs. in lakhs, except as otherwise stated)
	Year Ended31st March 2021	For the period fromJanuary 01, 2019 toMarch 31, 2020
	(Audited)	(Audited)
CASH FLOW FROM OPERATING ACTIVITIES
Profit before income tax	1,115.86	591.97
Adjustments to reconcile profit before tax to net cash flows:
Share of profit/(loss) of associate	(133.06)	(492.81)
Share of profit/(loss) of joint ventures	(82.97)	(109.91)
Depreciation and amortization expense	497.42	737.54
Provision for doubtful debts	2.56	4.59
oss on sale of property, plant and equipment	(0.27)	(2.31)
Finance cost	7.85	15.48
Interest on lease liability	4.25
nterest income	(494.64)	(711.29)
Excess provision no longer required written back		G.
Sundry liabilities written back	(91.92)825.08	(91.03)(60.54)
Operating profit before working capital changes
Adjustments for changes in working capital :
(Increase)/decrease in inventories	(548.84)	255.50
(Increase)/decrease in trade receivables	(2,506.82)	1,128.23
(Increase)/decrease in other financial assets	(20.73)	(261.22)
(Increase)/decrease in other assets	175.48	(186.12)
Increase/(decrease) in trade payables	2,088.53	(377.09)
Increase/(decrease) in other liabilities	(58.24)	113.82
Increase/(decrease) in other financial liabilities	47.92	(149.01)
Increase/(decrease) in provisions	74.46	(68.28)
Cash generated from operating activities	76.84	395.29
income tax paid (net of refunds)	(253.57)	(67.47)
Net cash flow from/ (used in) operating activities	(176.73)	327.82

CASH FLOW FROM INVESTING ACTIVITIES
Purchase of property, plant and equipment including capital advances net ofcapital creditors	(1,471.59)	(18.13)

Proceeds from sale of property, plant and equipment	0.62	19.68
Proceeds from sale of intangible assets		3.04
Fixed Deposits made during the year	(15,007.77)	(14,368.00)
Fixed Deposits matured during the year	15,934.77	12,780.89
Dividend received from non current investment	57.00	110.25
Interest income received	586.27	480.14
Net cash from/(used in) investing activities	99.30	(992.13)

CASH FLOW FROM FINANCING ACTIVITIES:
Issue of equity shares		1.00
Repayment of principal lease payment	(44.81)	(43.25)
Repayment of interest on lease liability	(4.25)	(10.66)(4.82)
Other finance cost paid	(7.85)	(57.73)
Net cash from /(used in) financing activities	(56.91)
Net increase in cash and cash equivalents (A+B+C)	(134.34)	(722.04)
Cash and cash equivalents at the beginning of the period	524.07	1,246.11
Cash and cash equivalents at the end of the period	389.73	524.07

$\mathbf{B}.$

ared under the indirect method as set out in Indian Accounting Standard (IND AS) 7 statement Note: The cash flow statement has been prepare of cash flows.

$\mathbf C$

Robardar For and on behalf of Board of Directors

Gurugram26th May, 2021 Place:Date:

RAJAT BHANDARIEXECUTIVE DIRECTOR

NDR Auto Components LimitedRegd. Office : Level - 5, Regus Caddie Commercial Tower, Hospitality District Aerocity, IGI Airport, New Delhi - 110037WEBSITE: www.ndrauto.com, E-mail: [email protected], Phone: +91 11 66544976S

			Quarter Ended			(The the rest of North Inc. Siles data)Year / period Ended
Sl. No.	Particulars	31-03-2021	31-12-2020	31-03-2020	31-03-2021	01-01-201931-03-2020$\mathbb{T}^0$
	I	(Audited)	(Unaudited)	(Unaudited)	(Audited)	(Unaudited)
	Total income from operations	5,219.16	3,058.93	1,604.49	11,412.90	9,661.52
	tax, exceptional, extraordinary itemsand/or share of associate and joint ventureNet profit/(loss) for the period (before	371.07	374.37	26.39	899.83	(10.75)
$\tilde{\phantom{0}}$	tax (but after exceptionalextraordinary items and/or share of associate and joint venture)Net profit/(loss) for the period before t	562.62	604.52	23.39	1,115.86	591.97
4	Net profit/(loss) for the period after tax, exceptional, extraordinary itemsand/ or share of associate and joint venture	431.91	507.57	15.74	853.16	659.06
5	comprehensive income (after tax)]Total comprehensive income/(loss) for the period [comprising profit forthe period (after tax) and other	452.99	502.82	(16.82)	860.01	647.12
$\circ$	Equity share capital	594.63	594.63	594.63	594.63	594.63
	Other equity (reserves) (excluding revaluation reserve)as shown in the audited balance sheet				17,222.82	16,362.81
$^{\circ}$	for continuing and discontinuedEarnings per share (of Rs. 10/- each) (operations) (In Rs.)
	$(a)$ Basic $(Rs.)$	7.26	8.54	0.26	14.35	11.08
	(b) Diluted (Rs.)	7.26	8.54	0.26	14.35	11.08
Notes:

$\widehat{a}$

The above is an extract of the detailed format of quarterly yearly consolidated financial results filed with the Stock Exchange under Regulation 33 of the SEBI (Listing obligations andDisclosure Requirements). Regulations

The above consolidated financial results of NDR Auto Components Limited ("the Company") have been prepared in accordance with Indian Accounting Standards (IND-AS) asprescribed under section 133 of the Companies Act, 2013 $_{\rm b)}$

The above consolidated financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 26th May 2021. The figure reported above for the quarter ended on March 31, $\widehat{\mathtt{c}}$

The figures for the last quarter are the balancing figures between audited figures in respect of the full financial year upto March 31, 2021 and the unaudited published year to date figuresupto December 31, 2020 being the $\ominus$

For and on behalf of the Board of Directors

PLACE: GurugramDATE: 26th May, 2021

Rohandar RAJAT BHANDARIEXECUTIVE DIRECTOR

SS KOTHARI MELA & COMPANY CHARTERED ACCOUNTANTS

Independent Auditor's Report on Standalone Quarterly and Year to Date Audited Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

To the Board of Directors of NDR Auto Components Limited Report on the Audit of the Standalone Financial Results

Opinion

We have audited the accompanying standalone quarterly and year to date financial results of NDR Auto Components Limited (the "Company'") for the quarter ended March 31, 2021 and for the year ended March 31, 2021(the "statement"), attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations").

In our opinion and to the best of our information and according to the explanations given to us the statement:

i. are presented in accordance with the requirements of the Listing Regulations in this regard; and
give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable accounting standards and other accounting principles generally accepted in India of the net profit and other comprehensive income and other financial information for the quarter ended March 31, 2021and of the net profit, other comprehensive income and other financial information of the Company for the year ended March 31, 2021.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013 as amended ("the Act"). Our responsibilities under those Standards are further described in the Auditor's Responsibilities for the Audit of the Standalone Financial Results section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the statement under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Plot No. 68, Okhla Industrial Area, Phase-Il 1, New Delhi- 110020

Tel: +91-11-4670 8888 E-mail: info @ sskmin.com www.sskmin.com

SS KOTHARI MEHTA & COMPANY CHARTERED AZUUUNTANTS

Emphasis of Matter

We draw attention to note no. 4 of the accompanying standalone financial results, which describes the management's assessment of the impact of uncertainties arising because of COVID-19 Pandemic and its consequential effects on the financial performance of the Company.

Our opinion is not modified in respect of this matter.

Management's Responsibilities for the Standalone Financial Results

The statement has been prepared on the basis of the standalone annual financial statements. The Company's Board of Directors are responsible for the preparation of the statement that give a true and fair view of the net profit and other comprehensive income and other financial information in accordance with the applicable accounting standards prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations.

This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the statement that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the statement, the Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The Board of Directors are also responsible for overseeing the Company's financial reporting process.

Auditor's Responsibilities for the Audit of the Standalone Financial Results

Our objectives are to obtain reasonable assurance about whether the statement as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists, Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the statement.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

SS KOTHARI MEHTA & COMPANY CHARTERED AUGOUNTANTS

* Identify and assess the risks of material misstatement of the statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that ls sufficlent and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud Is higher than for one resulting from error, as fraud may Involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
* Obtain an understanding of internal control relevant to the audit In order to design audit procedures that are appropriate in the circumstances. Under Section 143(3) (i) of the Act, we are also responsible for expressing our opinion on whether the company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.
* Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.
* Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern, If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the standalone financial results or, If such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.
* Evaluate the overall presentation, structure and content of the statement, including the disclosures, and whether the standalone financial results represent the underlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

Other Matters

The standalone financial statements and financial information of the company for the 15 months period ended March 31, 2020 were audited by the predecessor auditor who expressed an unmodified opinion on those financial statements and financial information on October 23, 2020.

Comparative financial information of the company for the quarter ended March 31, 2020 as reported in these financial results have been approved by the board of directors of the company, but have not been subjected to review. Also refer note no. 5 to the accompanying standalone financial results.

SS KOTHARI MEHTA & COMPANY CHARTERED ACCOUNTANTS

The Statement includes the results for the quarter ended March 31, 2021 being the balancing figure between the audited figures in respect of the full financial year ended March 31, 2021 and the published unaudited year-to-date figures up to the third quarter of the current financial year, which were subjected to a limited review by us, as required under the Listing Regulations.

For S. S. Kothari Mehta and Company (Chartered Accountants) Firm Registration No. 0007S6N

Neeraj Bansal (Partner) Membership No. 095960

Place: Delhi Date: 26.05.2021 UDIN: 21095960AAAAD74710

SS KOTHARI MEHTA & COMPANY CHARTERED ALCOMNTANTS

Independent Auditor's Report on Consolidated Quarterly and Year to Date Audited Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

To the Board of Directors of NDR Auto Components Limited Report on the Audit of the Consolidated Financial Results