UNIPARTS INDIA LTD.

February 08, 2024

BSE Limited National Stock Exchange of India Limited

Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G
Dalal Street, Mumbai – 400 001 Bandra Kurla Complex
Bandra (E), Mumbai – 400 051

Scrip Code: 543689 Symbol: UNIPARTS

Sub : Outcome of the Board Meeting

Dear Sir/Madam,

Further to our letter dated February 01, 2024, we wish to inform you that in terms of SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of
the Company at its meeting held today i.e., February 08, 2024, have interalia approved:

1. Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter
and nine months ended December 31, 2023, duly recommended by the Audit Committee.
These Financial Results together with Limited Review Reports of the Statutory Auditors
thereon are enclosed and will also be available on the Company's website at
https://www.unipartsgroup.com/home/quarterly_financial_results.

2. Declaration of second interim dividend for FY 2023-24 of Rs. 6 per equity share of face
value of Rs. 10 each i.e., 60% on the Equity Share Capital of the Company and fixed
February 21, 2024, as the Record Date for determining the shareholders who will be entitled
to the said dividend. The interim dividend shall be paid to the eligible shareholders within
30 days from the date of declaration.

3. Appointment of Mr. Parmeet Singh Kalra (DIN: 06928230) as an Additional Director

designated as Independent Director of the Company for a period of five (5) consecutive
years with effect from February 08, 2024, to hold office up to February 07, 2029 (based on
the recommendation of Nomination and Remuneration Committee). The Company will
place the appointment of Independent Director before the Shareholders of the Company for
regularizing his appointment through postal ballot.

Mr. Parmeet Singh Kalra is not related to any Director of the Company and satisfies the
criteria of independence prescribed under the Companies Act, 2013 (“the Act”) and the
Listing Regulations. In accordance with the circular dated June 20, 2018, issued by the
Stock Exchanges, we hereby confirm that Mr. Parmeet Singh Kalra is not debarred from

Regd. Office: Gripwel House, Block-5, LSC, C 6 & 7, Vasant Kunj, New Delhi-110 070, India | Tel: +91 11 26137979 |Fax: +91 11 26133195
Corporate Office: 1st Floor, B 208, A1 & A2, Phase-II, Noida-201305, (U.P.), India
Tel: +91 120 4581400 | Fax: +91 120 4581499
E-mail: info@unipartsgroup.com; website: www.unipartsgroup.com
An ISO 9001:2008 & 14001:2004 Company
CIN : L74899DL1994PLC061753
 UNIPARTS INDIA LTD.
holding the office of Director by virtue of any order passed by SEBI or any other such
authority.

A brief profile of Mr. Parmeet Singh Kalra is enclosed as Annexure A.

The Board Meeting commenced at 6.00 P.M (IST) and concluded at 07:30 P.M (IST).

We request you to take the above on record and disseminate the same on your website.

Thanking You,

Yours faithfully,

For Uniparts India Limited

Digitally signed by JATIN MAHAJAN

JATIN
DN: c=IN, o=Personal, title=4415,
pseudonym=57CE10F5C24ED1DE7B5409CF426
4DDDE,
2.5.4.20=e3fc705527aaf20c69e82fd8ef3a9a41d
8839d36101b61ecac0711594d6b71ad,

MAHAJAN
postalCode=110055, st=Delhi,
serialNumber=D5B1DB751344DCAEA44F0C205
F807DA679A55E6357945C94BE95083C41AC92
35, cn=JATIN MAHAJAN
Date: 2024.02.08 19:31:08 +05'30'

Jatin Mahajan
Head Legal, Company Secretary and Compliance Officer

Encl: As above

Regd. Office: Gripwel House, Block-5, LSC, C 6 & 7, Vasant Kunj, New Delhi-110 070, India | Tel: +91 11 26137979 |Fax: +91 11 26133195
Corporate Office: 1st Floor, B 208, A1 & A2, Phase-II, Noida-201305, (U.P.), India
Tel: +91 120 4581400 | Fax: +91 120 4581499
E-mail: info@unipartsgroup.com; website: www.unipartsgroup.com
An ISO 9001:2008 & 14001:2004 Company
CIN : L74899DL1994PLC061753
 UNIPARTS INDIA LTD.
Annexure A

Brief Profile of Mr. Parmeet Singh Kalra

Mr. Parmeet Singh Kalra holds a bachelor’s degree in mechanical engineering from Manipal
Institute of Technology and a master’s degree in business administration from Delhi University.
He has over 47 years of diverse experience in construction, mining sector, industrial equipment
sales including entrepreneurial experience. He has worked with Ingersoll Rand India Pvt. Ltd., a
multinational corporation for a period of 20 years at senior management level. Presently, he is
operating entrepreneurial ventures and has dealership of Kobelco Construction Equipment India
Pvt. Ltd. (A Japanese MNC) for distribution of compressors and other equipment(s). He is also
part of the Board of Directors of Gripwel Fasteners Pvt. Ltd. (a wholly owned subsidiary
Company) as an Independent Director.

Regd. Office: Gripwel House, Block-5, LSC, C 6 & 7, Vasant Kunj, New Delhi-110 070, India | Tel: +91 11 26137979 |Fax: +91 11 26133195
Corporate Office: 1st Floor, B 208, A1 & A2, Phase-II, Noida-201305, (U.P.), India
Tel: +91 120 4581400 | Fax: +91 120 4581499
E-mail: info@unipartsgroup.com; website: www.unipartsgroup.com
An ISO 9001:2008 & 14001:2004 Company
CIN : L74899DL1994PLC061753
 S.C.VARMA AND CO.
Chartered Accountants
A-60, NDSE, Part-1 New Delhi. 110049,
INDIA Te1.:24649845,41625248
Email : eycvarma@scvandco.com

Independent Auditor's Limited Review Report on the Unaudited Standalone Financial

Results of Uniparts India Limited for the quarter ended 31st December 2023 and year-to-
date results for the period from 1st April, 2023 to Jpt December, 2023 pursuant to Regulation 33
and Regulation 52(4) of the SEBI (Listing Obligation and Disclosure Requirements)
Regulations, 2015, as amended.

To the Board of Directors of

Uniparts India Limited

1. We have reviewed the accompanying statement of unaudited standalone financial results of

Uniparts India Limited ("the Company") for the quarter ended 31st December, 2023 and year-
to-date results for the period from 1st April, 2023 to 31st December, 2023 (the "Statement")
attached herewith, being submitted by the Company pursuant to the requirement of Regulation
33 and Regulation 52(4) of the SEBI {Listing Obligation and Disclosure Requirements)
Regulations, 2015 ("the Regulation") as amended.

2. This Statement, which is the responsibility of the Company's Management and approved by the
Company's Board of Directors, has been prepared in accordance. with the recognition and
measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial
1teporting" ("Ind AS 34"), prescribed under Section 133. ofthe Companies Act, 2013 read with
relevant rules issued thereunder and other accounting principles generally accepted in India.
Our responsibility is to issue a report on these financial statements based on our review.

3. We conducted our review of the Statement in accordance with the Standard on Review
Engagements (SRE) 2410 'Review of Interim Financial Information Performed by the
Independent Auditor of the Entity', issued by the Institute of Chartered Accountants of India
(ICAI). A review of interim financial information consists of making inquiries, primarily of the
Company's personnel responsible for financial and accounting matters, and applying analytical
and other review procedures. A review is substantially less in scope than an audit conducted in
accordance with Standards onAuditing specified under section 143(10) of the Companies Act,
2013 and consequently does not enable us to obtain assurance that we would become aware of
all significant matters that might be identified in an audit. Accordingly, we do not express an
audit opinion.

4. Based on our review conducted as stated in Paragraph 3 above, nothing has come to our
attention that causes us to believe that the accompanying Statement, prepared in accordance
 with applicable accounting standards and other recognized accounting practices and policies
has not disclosed the information required to be disclosed in terms of Regulation 33 and
Regulation 52(4) ofthe SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, as amended, including the manner in which it is to be disclosed, or that it contains any
material misstatement.

For S.C. Varma and Co.

Chartered Accountants
Firm Registration No: 000533N

Partner
M. No.: 11450
lnDDN:24011450BJZVVFnJ8761

Place: New Delhi

Date: 08th February, 2024
 Uniparts India Limited
Regd Office : Gripwel House, Block-5, Sector C 6 & 7 Vasant Kunj New Delhi 110070
CIN L74899DU994PLC061753
Ph No +91120 458 1400
Email: compliance.officer@unipartsgroup.com: Website: www.unipartsgroup.com
Statement Of Unaudited Standalone Financial Results For The Quarter And Nine Month December 31, 2023
(INR in Millions)
Quarter Ended Nine Month Ended Year Ended
Particular
31-12-2023 30-09-2023 31-12-2022 31-12-2023 31-12-2022 31"03"2023
Unaudited Unaudited Unaudited Unaudited Unaudited Audited

INCOME
Reuenue from operations 1,615.04 1,864.20 2,357.23 5,266.16 7,132.15 9,292.36
Other income 363.16 10.44 8.06 652.09 176.75 483.22
Total Income 1,978.20 1,874.64 2,365.29 5,918.25 7,308.90 9,775.58

EXPENSES
Cost of materials consumed 671.53 750.49 894.72 2,244.33 3,089.11 3,879.55
Changes in inuentories of finished goods, work- <-,.

in-progress, stock-in-trade and scrap 23.70 77.43 105.34 (14.28) (73.43) 56.11
Employee benefits expense 322.39 331.26 335.14 973.37 990.92 1,312.54
Finance costs 5.69 3.09 9.12 11.48 26.86 31.84
Depreciation and amortization expenses 69.52 69.91 66.21 205.46 195.06 260.53
Other expenses 420.97 459.53 543.38 1,305.06 1,850.42 2,384.26
Total expenses 1,513.80 1,691.71 1,953.91 4,725.42 6,078.94 7,924.83

Net Profiti(Loss) for the period (Before Tax,

Exceptional and/or Extraordinary Items) 464.40 182.93 411.38 1,192.83 1,229.96 1,850.75
Exceptional and Extraordinary Items
Net Profit/(Loss) for the period before Tax
(After Exceptional and/or Extraordinary
Items) 464.40 182.93 411.38 1,192.83 1,229.96 1,850.75
TAX EXPENSES
Current tax 40.80 52.75 115.84 171.04 294.64 369.55
Earlier years 0.22 0.76 (1.78) 0.98 (1.78) (1.78)
(5.21) (5.22) (2.94) (16.90) (12.27)

(After Exceptional and/or Extraordinary

Items)

OTHER COMPREHENSIVE INCOME

Items that will not be reclassified to Profit or
Loss
Re-measurement gains I (losses) of defined
benefit plans 3.08 2.16 4.57 (3.29) 0.84 12.69
Income tax effect (0.77) (0.55) (1.15) 0.83 (0.21) (3.19)
2.31 1.61 3.42 (2.46) 0.63 9.50

Items that will be reclassified to Profit or Loss

Effectiue portion of cash flow hedge 2.40 (6.61) (17.59) 9.24 (88.43) (33.58)
Income tax effect (0.61) 1.66 4.43 (2.33) 22.26 8.45

Net gain on FVTOCI debt instruments 9.64 9.64

Income tax effect (2.43) (2.43)

9.00 (4.95) (13.16) 14.12 (66.17) (25.13)

Total other comprehensiue income/ {loss) for
the period (net of tax) 11.31 11.66

Total comprehensiue income for the period

Paid-up equity share capital (face ualue of Rs.

10.00 per share) 446.20 446.20 446.20 446.20 446.20 446.20
Reserue exluding Reualuation Reserue as at
balance sheet date 4,986.54
Basic Earning Per Share (EPS) (In <) (*Not
annualised) 9.75* 3.01* 6.77* 23.44* 21.51* 33.81
Diluted Earning Per Share (EPS) (In<) (*Not
annua 9.49* 2.99* 6.65* 33.13

otes to the Financial Statements

Nbtes to the Standalone Unaudited Results for the Quarter and Nine Month Ended December 31, 2023
1. The aboue standalone financial results of the company were reuiewed by the Audit committee and approued by the board of directors at their meeting held on
F-ebruary 08, 2024. The statutory auditors haue carried out limited reuiew of the results for the quarter and nine month ended December 31, 2023 and haue
issued an unmodified reuiew report.

2. These standalone financial results for the quarter and nine month ended December 31, 2023 haue been prepared in accordance with the Indian Accounting
Standard 34 "Interim Financial Reporting" ("lnd AS 34"), notified under Section 133 of the Companies Act, 2013 and Regulation 33 of Securities and Exchange
Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended.

3, The Company operates primarily in the business of manufacturing of Linkage Parts and Components for Off-Highway Vehicles. Chief Operating Decision
Maker (CODM), eualuates the company's performance, based on the analysis of the uarious performance indicators of the company, the Chief Operating
Decision Maker (CODM) has decided that there is no reportable segment for the Company.

4. The Board of Directors of the company has considered and declared interim diuidend of Rs. 6.00 (Rupees Six only) per share i.e. @ 60.00% on face ualue of
per equity share of Rs. 10/- (Rupees Ten only) each, fully paid up, during th.e quarter and period ended December 31, 2023 in its meeting held on February 08,
2024.
5. The figures for the corresponding preuious periods /year haue been regrouped/rearranged/reclassified whereuer necessary, to make them comparable.

Place: Delhi
Date: February 08, 202~
 Unlparts India Limited
Regd Office: Gripwel House, Block-5, Sector c 6 & 7 Vasant Kunj New Delhi 110070
CIN L74899DLI994PLC061753
Ph No +91120 4581400
Email: compliance.officer@unipartsgroup.com: Website: www.unipartsgroup.com
Ratios of Unaudited Standalone Financial Results For The Quarter And Nine Month Ended December 31,2023
(INR in Millions)
Quarter Ended Nine Month Ended Year Ended
Sr No Particular
31-12-2023 30-09-2023 31-12-2022 31-12-2023 31-12-2022 31-03-2023
Unaudited Unaudited Unaudited Unaudited Unaudited Audited

a) Debt Equity Ratio (number of times) 0.04 0.02 0.09 0.04 0.09
[Debt/ Total Equity]

Debt Seruice Couerage Ratio (number of times)

b)
(notannualised) 44.73 23.68 7.79 44.30 15.41 31.85
[(Profit after tax+Depreciation and amortisation
expense+finance cost+Loss/(Profit) on sale of
fixed assets+Fixed assets written-off)/(lnterest
paid+ Lease repayments+ Long term secured
loans repaid)]

Interest Seruice Couerage Ratio (number of times)

c)
(not annualised) 157.89 390.21 59.19 348.76 61.77 82.71
[(Profit before tax+lnterest on
Borrowings)/lnterest on Borrowings]

d) Net worth (~ In millions) 5,429.97 5,350.86 4.756.53 5,429.97 4,756.53 4.986.54

e) Current ratio (number of times) 4.50 4.67 2.36 4.50 2.36 4.07
[Current assets I Current liabilities]

Long term debt to working capital (number of

f)
times)
[Long Term Borrowings/Working capital]

g) Bad debts to Account receiuable ratio(%) 0.05% 0.00% 0.00% 0.05% 0.02% 0.02%
[Bad Debts I Auerage of Trade receiuable

h) Current liability ratio (number of times) 0.76 0.74 0.88 0.76 0.88 0.73
[Current liabilities I (Total liabilities)]

i) Total debts to total assets (number of times) 0.03 0.02 0.06 0.03 0.06
[(Non current borrowings + Current borrowings) I
Total assets]

Debtors turnouer (number of times) (not

j)
annualised) 1.40 1.49 1.45 4.58 4.40 6.36
[Sale of goods and seruices I Auerage Trade
receiuables]

lnuentory turnouer (number of times) (not

k)
annualised) 0.45 0.53 0.62 1.45 1.88 2.55
[(Cost of materials consumed+Changes in
inuentories of finished goods, work-in-progress
and scrap)/ auerage inuentory]

I) Operating margin(%) 10.93% 13.17% 20.31% 14.39% 17.88% 17.86%

[(Profit before tax + Net Finance Charges
+Depreciation and amortisation - Other Income) I
Reuenue from operations]

Net profit margin(%) 26.54% 7.22% 12.74% 19.71% 13.34% 16.09%

 S.C.VARMA AND CO.
Chartered Accountants
A-60, NDSE, Part-I
INDIA New Delhi- 110049,
Tel.:, 24649845, 41625248
Email : scvanna@scvandco.com

Independent Auditor's Limited Review Report on the Unaudited Consolidated Financial Results
ofUniparts India Limited for the quarter ended 3tst December 2023 and year-to-date results
for the period from pt April, 2023 to 3Pt December, 2023 pursuant to Regulation 33 and
Regulation 52(4) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations,
2015, as amended. · ·

To the Board of Directors

M/s Uniparts India Limited

1. We have reviewed the accompanying Statement ofUnaudited Consolidated Financial Results ofM/s
Uniparts India Limited ("the Parent") and its subsidiaries (the Parent and its subsidiaries together
Y,'

referred to as "the Group"), for the quarter ended 31st December 2023 and year-to-date results for
the period from 1st April, 2023 to 31st December, 2023 ("the Statement':), being submitted by the Parent
pursuant to Regulation 33 and Regulation 52(4) of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended ("the Regulation").

2. This Statement, which is the responsibility of the Parent's Management and approved by the Parent's
Board of Directors, has been prepared in accordance with the recognition and measurement principles
r- 0 _,_

laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed
under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder, and other
accounting principles generally accepted in India. Our responsibility is to express a conclusion on the
Statement based on our review.

3. We conducted our review of the Statement in accordance with the Standard on Review Engagements
(SRE) 2410 "Review oflnterim Financial Information Perfonned by the Independent Auditor of the
Entity", issued by the Institute of Chartered Accountants of India. A review of interim financial
information consists of making inquiries, primarily of persons responsible for financial and accounting
matters, and applying analytical and other review procedures. A review is substantially less in scope
than an audit conducted in accordance with Standards on Auditing and consequently does not enable us
to obtain assurance that we would become aware of all significant matters that might be identified in an
~~1~~~cordingly, we do not express an audit opinion.
'"""\C'
We also performed procedures in accordance with the Circular issued by the SEBI under Regulation 33
(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to
the extent applicable.

4; The Statement includes the results of the following entities:

Wholly Owned Subsidiaries :-

i. Gripwel Fasteners Pvt Ltd.
u. Uniparts USA Limited
iii. Uniparts India GmbH
:
iv. Gripwel Conag Pvt Ltd

Step down Subsidiary :-

i. Uniparts Olsen Inc.*
*held through Uniparts USA Limited

5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based
on the consideration of the review reports ofthe other·auditors referred to in paragraph 6. below, nothing
has come to our attention that causes us to believe that the accompanying Statement, prepared in
accordance with the recognition and measurement principles laid down in the aforesaid Indian
Accounting Standard and other accounting principles generally accepted in India, has not disclosed the
' \

information required to be disclosed in terms of Regulation 33 and Regulation 52(4) of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 201~, as amended, including the
manner in which it is to be disclosed, or that it contains any material misstatement.

Our conclusion is not modified in respect of this matter.

6. We did not review the interim financial information of two subsidiaries and one step down subsidiary
included in the unaudited consolidated financial results, whose interim financial information reflect
total revenues of Rs. 1568.05 Million and Rs 5081.24 Million, total net profit/(loss) after tax of
Rs.172.23 Million and Rs 442.21 Million, total comprehensive income I (loss) of Rs. 172.23 Million
and Rs 442.21 Million, for the quarter and for the period from pt April, 2023 to 3Pt December, 2023
respectively, as considered in the consolidated unaudited financial results. This interim financial
information has been reviewed by other auditors (Appendix -I) whose reports have been furnished to
Our conclusion on the Statement is not modified in respect ofthe above matters.

For S.C. Varma and Co.

Chartered Accountants
Firm Registration No: 000533N

Partner
M. No.: 11450
UDIN: 24011450BJZWHV6566 :

Place: New Delhi

Date: 08th February, 2023
 Appendix~!
Appendix appended to Independent Auditors' Limited Review Report quarter ended 3tst
December 2023 and year-to-date results for the period from pt April, 2023 to 3Pt December,
2023

dhpg Wirtschaftspriifer Rechtsanwiilte Steuerberater GmbH &

Co. KG
 Uniparts India limited
Regd Office: Gripwel House, Block-5, Sector C 6 S 7 Vasant Kunj New Delhi 110070
CIN L74899DLI994PLC061753
Ph No +91120 4581400
Email : compliance.offlcer@unipartsgroup.com; Website : www.unipartsgroup.com
Statement Of Unaudited Consolidated Financial Results For The Quarter And Nine Month Ended December 31, 2023
(INR in Millions)
Quarter Ended Nine Month Ended Year Ended
Particular 31-12-2022 31-03-2023
31-12-2023 30-09-2023 31·12-2022 31-12-2023
Unaudited Unaudited unaudited Unaudited Unaudited Audited

INCOME
Reuenue from operations 2,592.09 2,936.80 3,311.81 8,496.57 10,377.85 13,660.21
Other income 33.50 10.21 66.38 52.55 93.76 162.23
Total Income 2,625.59 2,947.01 3,378.19 8,549.12 10,471.61 13,822.44

EXPENSES
Cost of materials consumed 888.17 969.89 1,146.97 2,990.25 3,917.13 4,966.79.
Changes in inuentories of finished goods, work-
in-progress, stock-in-trade and scrap 31.52 142.74 (4.28) 194.60 (297.92) ' (91.47)
Employee benefits expense 611.82 612.80 604.47 1,825.59 1,789.73 2,396.45
Finance costs 13.32 10.65 16.42 35.35 47.45 59,73
Depreciation and amortization expenses 108.71. 104.59 100.90 312.78 295.46 390.28
Other expenses 649.75 675.28 775.75 1,946.14 2,631.79 3.418.34
Total expenses 2,303.29 2,515.95 2,640.23 . 7,304.71 8,383.64 11,140.12

Net Proflti(Loss) for the period (Before Tax,

Exceptional and/or Extraordinary Items) 322.30 431.0~ 737.96 1,244.41 2,087.97 2,682.32
Exceptional and Extraordinary Items
Net Profiti(Loss) for the period before Tax
(After Exceptional and/or Extraordinary
Items) 322.30 431.06 737.96 1,244.41 2,087.97 2,682.32
TAX EXPENSES
Current tax 95.99 103.59 187.83 317.59 530.34 661.17
Earlier years 1.18 0.81 (5.23) 1.99 {5.23) (5.23)
Deferre<f tax (34.40) (3.31) (7.73) (35.76) (32.96) (22.55)
Total tax expenses 62.77 101.09 174.87 283.82 492.15 633.39

OTHER COMPREHENSIVE INCOME

Items that wlll not be reclassified to Profit or
Loss
Re-measurement gains I (losses) of defined
benefit plans ~.88 2.27 6.61 (3.30) 2.45 16.61
Income tax effect (0.98} (0.57) (1.67) 0.83 (0.62) (4.18)
2.90 1.70 4.94 (2.47) 1.83 12.43

Items thatwill be reclassified to Profit or Loss

Effectiue portion of cash flow hedge 1.83 (10.37) (22.76) 12.30 (124.47) (55.02)'
Exchange differences in translating the
financial statements of foreign operations (19.04) (2.36) (60.66) (34.89) (69.43) (82.39)
Income tax effect (0.46) 2.61 5.73 (3.10) 31.33 13.85

Net gain on FVTOCI debt instruments 9.64 9.64

Income tax effect (2.43) (2.43)
{10.46) (10.12) (77.69) (18.48) (162.57) (123.56)

Total other comprehensiue lncome/{loss) for

the period (net of tax)

Total comprehenslue Income for the period

Paid-up equity share capital (face ualue of Rs.

10.00 per share) 446.20 446.20 446.20 446.20 446.20 446.20

8,306.24

5.93* 7.41* 12.71* 46.32

5.75* 7.31* 12.48* 45.40

otes to the Financial Statements
Notes to the Consolidated Unaudited Results for the Quarter and Nine Month Ended December 31, 2023
1. The above Consolidated financial results of the company were reviewed by the Audit committee and approved by the board of directors at their meeting held
on Febuary 08, 2024. The statutory auditors haue carried out limited reuiew of the results for the quarter and Nine Month ended December 31, 20:;!3 and haue
issued an unmodified reuiew report. ·

2. These Consolidated financial results for the quarter and Nine Month ended December 31, 2023 haue been prepared in accordance with the Indian Accounting
Standard 34 "Interim Financial Reporting" ("lnd AS 34"), notified under Section 133 of the Companies Act. 2013 and Regulation 33 of Securities and Exchange
Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended.
3. The Company operates primarily in the business of manufacturing of Linkage Parts and Components for Off-Highway Vehicles. Chief Operating Decision
Maker (CODM), eualuates the company's performance, based on the analysis of the uarious performance indicators of the company, the ChiefOperating
Dedsion Maker (CODM) has decided that there is no reportable segment for the Company.
4, The Board of Directors of the company has considered and declared interim diuidend of Rs. 6.00 (Rupees Six only) per share i.e. @ 60.00% on face ualue of
per equity share of Rs. 10/- (Rupees Ten only) each, fully paid up, during the quarter and period ended December 31, 2023 in its meeting held on Febuary 08,
2024.
5. The figures for the corresponding preuious periods /year haue been regrouped/rearranged/reclassified whereuer necessary, to make them comparable,

Place:~
Date: February 08, 2024
 Uniparts India Limited
Regd Office: Gripwel House, Block-5, Sector c 6 S 7 Vasant Kunj New Delhi 110070
CIN L74899DLI994PLC061753
Ph No +91 120 458 1400
Email: compliance.officer@unipartsgroup.com: Website: www.unipartsgroup.com
Ratios of Unaudited Consolidated Financial Results For The Quarter And Nine Month Ended December 31. 2023
(INR in Millions)
Quarter Ended Nine Month Ended Year Ended
Sr No Particular
31-12-2023 30-09-2023 31-12-2022 31-12-2023 31-12-2022 31-03-2023
Unaudited Unaudited Unaudited Unaudited Unaudited" Audited

a) Debt Equity Ratio (number of times) 0.04 0.02 0.08 0.04 0.08 0.02
[Debt/ Total Equity)

Debt Seruice.Couerage Ratio (number of times) (not

b)
annualised) 3.31 4.17 24.64 7.43 20.65 2L97
[(Profit after tax+Depreciation and amortisation
expense+finance cost+Loss/(Profit) on sale of
fixed assets+ Fixed assets written-off)/(lnterest
paid+ Lease repayments + Long term secured
loans repaid))

Interest Seruice Couerage Ratio (number of times)

c)
(not annualised) 70.91 240.48 72.44 128.50 75.92 82.16
[(Profit before tax+1nterest on
Borrowings)llnterest on Borrowings)

d) Net worth ('{ In millions) 8,638.05 8,747.74 8,168.26 8,638.05 8,168.26 8,306.24

e) Current ratio (number of times) 5.20 5.59 3.30 5.20 3.30 4.95
[Current assets I Current liabilities)

Long term debt to working capital (number of

f)
times) 0.01 0.01 0.02 0.01 0.02 0.02
[Long Term Borrowings/Working capital)

g) Bad debts to Account receiuable ratio(%) 0.04% 0.00% 0.00% 0.00 0.02% 0.02%
[Bad Debts I Auerage of Trade receiuable

h) Current liability ratio (number of times) 0.65 0.62 0.77 0.65 0.77 0.62
[Current liabilities I (Total liabilities))

i) Total debts to total assets (number of times) 0.03 0.02 0.06 0.03 0.06 0.02
[(Non current borrowings + Current borrowings) I
Total assets)

Debtors turnouer (number of times) (not

j)
annualised) 1.95 1.98 1.76 6.39 5.53 7.76
. [Sale of goods and seruices I Auerage Trade
receiuables)

1nuentory turnouer (number of times) (not

k)
annualised) 0.21 0.25 0.25 0.72 0.79 1.09
[(Cost of materials consumed+Changes in
inuentories of finished goods, work-in-progress
and scrap)/ auerage inuentory)

I) Operating margin(%) 15.85% 18.25% 23.82% 18.12% 22.52% 21.74%

[(Profit before tax + Net Finance Charges
+Depreciation and amortisation - Other Income) I
Reuenue from operations]

m) Net profit margin(%) 10.01% 11.24% 17.00% 11.31% 15.38% 15.00%

[Net profit·after tax I Reuenue from operations)