INVESTOR INFORMATION : FINANCIAL RELEASE
Audited Financial Results for the Quarter
and financial year ended March 31, 2012 ( Lacs)
|
Item
|
STANDALONE |
CONSOLIDATED |
Quarter ended
March 31, 2012
(Audited) |
Quarter ended
December 31, 2011
(Reviewed) |
Previous year quarter ended
March 31, 2011
(Audited) |
Accounting year ended 31.3.2012 (Audited) |
Previous Accounting Year ended 31.3.2011 (Audited) |
Quarter ended
March 31, 2012 (Audited) |
Quarter ended
December 31, 2011
(Reviewed) |
Previous year quarter ended
March 31, 2011
(Audited) |
Accounting year ended 31.3.2012 (Audited) |
Previous Accounting Year ended 31.3.2011 (Audited) |
|
1.
|
a) Net Sales/Income from
Operations
|
15.39 |
14.50 |
3.78 |
98.56 |
43.29 |
1292.32 |
1526.03 |
1148.27 |
5388.36 |
3641.43 |
|
b) Other Operating Income
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
c) Total 1a + 1b |
15.39 |
14.50 |
3.78 |
98.56 |
43.29 |
1292.32 |
1526.03 |
1148.27 |
5388.36 |
3641.43 |
|
2.
|
|
|
Consumption of Materials |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
503.33 |
503.29 |
461.94 |
1959.30 |
1523.95 |
|
Purchase of traded
goods |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
(Increase)/Decrease in Stocks in trade and work in
progress |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
34.68 |
38.92 |
-9.55 |
61.81 |
-123.89 |
|
Employee benefits expense |
0.74 |
0.74 |
0.64 |
2.94 |
2.72 |
130.44 |
128.40 |
96.61 |
511.90 |
376.23 |
|
Depreciation |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
97.90 |
86.89 |
67.01 |
352.46 |
268.63 |
|
Power & Fuel |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
130.24 |
142.18 |
92.79 |
521.42 |
341.24 |
|
External Processing |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
49.32 |
112.19 |
76.81 |
343.60 |
249.67 |
|
Other
Expenses |
1.72 |
2.28 |
1.46 |
8.42 |
12.09 |
245.22 |
151.50 |
128.11 |
594.99 |
414.20 |
|
Total Expenditure ( 2a to
2h ) |
2.46 |
3.02 |
2.10 |
11.36 |
14.81 |
1191.13 |
1163.37 |
913.72 |
4345.48 |
3050.03 |
|
3.
|
Profit from Operations before Other income,
finance costs and exceptional Items ( 1c - 2i ) |
12.93 |
11.48 |
1.68 |
87.20 |
28.48 |
101.19 |
362.66 |
234.55 |
1042.88 |
591.40 |
|
4.
|
Other Income |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.72 |
0.45 |
2.17 |
2.74 |
2.96 |
|
5.
|
Profit from ordinary activities before
finance costs and exceptional items ( 3 + 4 ) |
12.93 |
11.48 |
1.68 |
87.20 |
28.48 |
101.91 |
363.11 |
236.72 |
1045.62 |
594.36 |
|
6.
|
Finance costs |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
58.22 |
62.60 |
53.04 |
251.99 |
163.65 |
|
7.
|
Profit from Ordinary Activities before
Tax ( 5 - 6 ) |
12.93 |
11.48 |
1.68 |
87.20 |
28.48 |
43.69 |
300.51 |
183.68 |
793.63 |
430.71 |
|
8. |
Tax Expense
|
a) |
Current Tax
(Net of MAT Credits) |
4.03 |
3.54 |
0.53 |
14.23 |
0.53 |
10.22 |
61.37 |
36.33 |
163.73 |
87.33 |
|
b) |
Earlier
years' Tax |
0.00 |
0.00 |
-0.11 |
-0.53 |
-0.11 |
0.16 |
0.00 |
10.13 |
-0.53 |
10.13 |
|
c) |
Deferred Tax |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
6.92 |
5.30 |
24.91 |
1.04 |
35.97 |
|
d) |
Total Tax
Expense ( 8a to 8c ) |
4.03 |
3.54 |
0.42 |
13.70 |
0.42 |
17.30 |
66.67 |
71.37 |
164.24 |
133.43 |
|
9. |
Net Profit from Ordinary Activities After Tax (
7-8d ) |
8.90 |
7.94 |
1.26 |
73.50 |
28.06 |
26.39 |
233.84 |
112.31 |
629.39 |
297.28 |
|
10. |
Share of profit / (loss) of associates |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| 11. |
Minority Interest |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
12. |
Net profit after taxes, minority Interest and share of profit of
associates (9+10+11) |
8.90 |
7.94 |
1.26 |
73.50 |
28.06 |
26.39 |
233.84 |
112.31 |
629.39 |
297.28 |
|
13. |
Paid-up Equity Share Capital (Face value Rs. 10 each) |
992.00 |
992.00 |
992.00 |
992.00 |
992.00 |
992.00 |
992.00 |
992.00 |
992.00 |
992.00 |
|
14. |
Reserves excluding revaluation reserves |
112.09 |
152.83 |
88.24 |
112.09 |
88.24 |
2077.19 |
2106.61 |
1505.45 |
2077.19 |
1505.45 |
|
15. |
Earnings Per Share, (Basic & Diluted) |
0.09 |
0.08 |
0.01 |
0.74 |
0.28 |
0.27 |
2.36 |
1.13 |
6.34 |
3.00 |
|
16. |
Public Shareholding:
a) Number of Equity Shares: |
4,825,000 |
4,833,000 |
4,833,000 |
4,825,000 |
4,833,000 |
4,825,000 |
4,833,000 |
4,833,000 |
4,825,000 |
4,833,000 |
|
b) Percentage of Shareholding
|
48.64 |
48.72 |
48.72 |
48.64 |
48.72 |
48.64 |
48.72 |
48.72 |
48.64 |
48.72 |
|
17. |
Promoters and promoter
group share-holding |
a) |
Pledged /
Encumbered |
|
|
|
|
|
|
|
|
|
|
|
- |
Number of
shares |
NIL |
NIL |
NIL |
NIL |
NIL |
NIL |
NIL |
NIL |
NIL |
NIL |
|
- |
% of shares
(as % of total shareholding of promoter and promoter group) |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
- |
% of shares
(as a % of total share capital of the company) |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
b) |
Non-encumbered |
|
|
|
|
|
|
|
|
|
|
|
- |
Number of
shares |
5,095,000 |
5,087,000 |
5,087,000 |
5,095,000 |
5,087,000 |
5,095,000 |
5,087,000 |
5,087,000 |
5,095,000 |
5,087,000 |
|
- |
% of shares
(as % of total shareholding of promoter and promoter group) |
100.00 |
100.00 |
100.00 |
100.00 |
100.00 |
100.00 |
100.00 |
100.00 |
100.00 |
100.00 |
|
- |
% of shares
(as a % of total share capital of the company) |
51.36 |
51.28 |
51.28 |
51.36 |
51.28 |
51.36 |
51.28 |
51.28 |
51.36 |
51.28 |
|
|
| NOTES :
1. The above results were reviewed by the
Audit Committee and approved by the Board of Directors on 12.05.2012.
2. The Board of
Directors have recommended payment of dividend @ 5%, i.e. Rs. 0.50 per
share.
3. There was no
exceptional / extraordinary item during the quarter and financial year
ended 31.03.2012.
4. Previous
periods' figures have been regrouped/rearranged where necessary.
5. The
consolidated figures include figures of Company's Wholly Owned
Subsidiary Tamboli Castings Limited.
6. There is no
qualification in Auditors Report for the year ended March 31,2012.
7. During the
quarter, no complaints from investor were received. There
were no complaints pending at the beginning and at the end of the quarter.
|
| |
| Disclosure of assets and liabilities as per
clause 41 of the listing agreement for the half year ended March 31,
2012 |
| |
|
Particular |
Amount Rs. Lacs |
|
Standalone |
Consolidated |
|
1 |
Shareholders Fund : |
|
|
| a) |
Share Capital |
992.00 |
992.00 |
| b) |
Reserves & Surplus |
112.09 |
2077.19 |
| c) |
Money received against share warrants
|
0.00 |
0.00 |
| |
Sub Total - 1 |
1,104.09 |
3,069.19 |
|
2 |
Share Application Money
pending allotment |
|
|
| 3 |
Non Current
Liabilities |
|
|
| a) |
Long-term borrowings |
0.00 |
1,052.80 |
| b) |
Deferred Tax Liabilities (Net) |
0.00 |
102.62 |
| c) |
Other long-term liabilities |
0.00 |
7.30 |
| d) |
Long-term provisions |
0.00 |
6.44 |
| |
Sub Total - 3 |
0.00 |
1,169.16 |
| 4 |
Current Liabilities |
|
|
| a) |
Short-term borrowings |
0.00 |
516.82 |
| b) |
Trade payables |
0.50 |
136.04 |
| c) |
Other current liabilities |
0.43 |
486.86 |
| b) |
Short-term provisions |
49.85 |
96.38 |
| |
Sub Total - 4 |
50.78 |
1,236.10 |
| |
TOTAL LIABILITIES |
1,154.87 |
5,474.45 |
| |
|
|
|
| 5 |
Non Current Assets |
|
|
| a) |
Fixed Assets |
0.00 |
2,440.14 |
| b) |
Non Current Investments |
290.00 |
0.00 |
| c) |
Deferred Tax Assets (Net) |
0.00 |
0.00 |
| d) |
Long-term loans and advances |
536.00 |
151.55 |
| e) |
Other non-current assets |
0.00 |
0.00 |
| |
Sub Total - 5 |
826.00 |
2,591.69 |
| 6 |
Current Assets |
|
|
| a) |
Current Investments |
0.00 |
0.00 |
| b) |
Inventories |
0.00 |
677.30 |
| c) |
Trade Receivables |
0.00 |
1,113.15 |
| d) |
Cash & Cash Equivalents |
302.88 |
382.37 |
| e) |
Short-term loans and advances |
25.99 |
709.94 |
| f) |
Other current assets |
0.00 |
0.00 |
| |
Sub Total - 6 |
328.87 |
2,882.76 |
| |
TOTAL ASSETS |
1,154.87 |
5,474.45 |
| |
|
|
|
|
| |
Date : 12.05.2012
ON BEHALF OF THE BOARD OF DIRECTORS
Place : Bhavnagar
Vaibhav B. Tamboli AUTHORISED SIGNATORY |
| |
|
|
|