INVESTOR INFORMATION :
FINANCIAL RELEASE
Unaudited Financial Results for the Quarter
and six months ended September 30, 2015 ( Lacs)
|
Item
|
STANDALONE |
CONSOLIDATED |
|
Quarter ended |
Six Months ended |
Previous Accounting Year ended 31.3.2015
(Audited) |
Quarter ended
|
Six Months ended |
Previous Accounting Year ended 31.3.2015
(Audited) |
|
30.9.2015
(Reviewed) |
30.6.2015
(Reviewed) |
30.9.2014
(Reviewed) |
30.9.2015
(Reviewed) |
30.9.2014
(Reviewed) |
30.9.2015
(Reviewed) |
30.6.2015
(Reviewed) |
30.9.2014
(Reviewed) |
30.9.2015
(Reviewed) |
30.9.2014
(Reviewed) |
| 1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
14 |
| 1.
|
a) Net Sales/Income from
Operations
|
77.26 |
19.34 |
78.88 |
96.60 |
97.18 |
135.31 |
1674.27 |
1480.84 |
1525.71 |
3155.11 |
2554.81 |
5204.21 |
|
b) Other Operating Income
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
c) Total 1a + 1b |
77.26 |
19.34 |
78.88 |
96.60 |
97.18 |
135.31 |
1674.27 |
1480.84 |
1525.71 |
3155.11 |
2554.81 |
5204.21 |
|
2.
|
|
|
Consumption of Materials |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
577.85 |
496.55 |
536.53 |
1074.40 |
877.17 |
1949.56 |
|
Purchase of traded goods |
0.00 |
0.00 |
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 |
0.00 |
7.25 |
39.18 |
23.60 |
46.43 |
-49.40 |
-157.80 |
|
Employee benefits expense |
2.71 |
2.49 |
2.00 |
5.20 |
3.51 |
8.66 |
208.59 |
189.81 |
170.46 |
398.39 |
315.36 |
641.23 |
|
Depreciation |
0.04 |
0.04 |
0.08 |
0.08 |
0.12 |
0.27 |
86.83 |
82.38 |
49.68 |
169.21 |
156.54 |
320.89 |
|
Power & Fuel |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
170.88 |
163.85 |
150.16 |
334.73 |
283.88 |
581.60 |
|
External Processing |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
131.92 |
119.50 |
88.70 |
251.42 |
164.45 |
379.25 |
|
Other Expenses
|
4.45 |
2.43 |
3.69 |
6.89 |
5.83 |
10.70 |
152.78 |
147.59 |
149.52 |
300.37 |
302.96 |
727.82 |
|
i) |
Total Expenditure ( 2a to
2h ) |
7.20 |
4.96 |
5.77 |
12.17 |
9.46 |
19.63 |
1336.10 |
1238.86 |
1168.65 |
2574.95 |
2050.96 |
4442.55 |
|
3.
|
Profit from operations before other Income,
finance costs and exceptional Items ( 1c - 2i ) |
70.06 |
14.38 |
73.11 |
84.43 |
87.72 |
115.68 |
338.17 |
241.98 |
357.06 |
580.16 |
503.85 |
761.66 |
|
4.
|
Other Income |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
1.30 |
1.69 |
0.27 |
2.99 |
0.27 |
0.79 |
|
5.
|
Profit from ordinary activities before finance
costs and exceptional Items ( 3 + 4 ) |
70.06 |
14.38 |
73.11 |
84.43 |
87.72 |
115.68 |
339.47 |
243.67 |
357.33 |
583.15 |
504.12 |
762.45 |
|
6.
|
Finance costs |
0.04 |
0.00 |
0.01 |
0.04 |
0.01 |
0.01 |
17.24 |
17.69 |
26.78 |
34.93 |
55.03 |
109.56 |
|
7.
|
Profit from Ordinary Activities before Tax ( 5 -
6 ) |
70.02 |
14.38 |
73.10 |
84.39 |
87.71 |
115.67 |
322.23 |
225.98 |
330.55 |
548.22 |
449.09 |
652.89 |
|
8. |
Tax Expense
|
a) |
Current Tax (Net of MAT Credits) |
3.72 |
4.54 |
4.40 |
8.26 |
8.89 |
17.48 |
113.72 |
79.54 |
99.40 |
193.26 |
152.89 |
218.48 |
|
b) |
Earlier years' Tax |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.01 |
11.98 |
0.00 |
0.00 |
11.98 |
0.00 |
1.45 |
|
c) |
Deferred Tax
|
0.00 |
0.00 |
-0.01 |
-0.01 |
0.01 |
0.00 |
-12.72 |
-4.36 |
12.25 |
-17.08 |
-10.26 |
-6.99 |
|
d) |
Total Tax Expense ( 8a to 8c ) |
3.72 |
4.54 |
4.39 |
8.25 |
8.90 |
17.49 |
112.98 |
75.18 |
111.65 |
188.16 |
142.63 |
212.94 |
|
9.
|
Net Profit from Ordinary Activities After Tax (
7 - 8d ) |
66.30 |
9.84 |
68.71 |
76.14 |
78.81 |
98.18 |
209.25 |
150.80 |
218.90 |
360.06 |
306.46 |
439.95 |
|
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 |
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 |
0.00 |
0.00 |
|
12. |
Net profit after taxes,
minority interest and share of profit of associates (9+10+11) |
66.30 |
9.84 |
68.71 |
76.14 |
78.81 |
98.18 |
209.25 |
150.80 |
218.90 |
360.06 |
306.46 |
439.95 |
|
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 |
992.00 |
992.00 |
|
14. |
Reserves excluding
revaluation reserves |
|
|
|
|
|
211.96 |
|
|
|
|
|
3487.71 |
|
15. |
Earnings Per Share,
(Basic
& Diluted)
|
0.67 |
0.10 |
0.69 |
0.77 |
0.79 |
0.99 |
2.11 |
1.52 |
2.21 |
3.63 |
3.09 |
4.43 |
|
16. |
Public Shareholding:
a) Number of Equity Shares |
4,745,000 |
4,745,000 |
4,745,000 |
4,745,000 |
4,745,000 |
4,745,000 |
4,745,000 |
4,745,000 |
4,745,000 |
4,745,000 |
4,745,000 |
4,745,000 |
|
b) Percentage of
Shareholding
|
47.83 |
47.83 |
47.83 |
47.83 |
47.83 |
47.83 |
47.83 |
47.83 |
47.83 |
47.83 |
47.83 |
47.83 |
|
17. |
Promoters and promoter group share-holding |
a) |
Pledged / Encumbered |
|
|
|
|
|
|
|
|
|
|
|
|
|
- |
Number of shares |
Nil |
Nil |
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 the total share capital
of the company) |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
|
b) |
Non-encumbered |
|
|
|
|
|
|
|
|
|
|
|
|
|
- |
Number of shares |
5,175,000 |
5,175,000 |
5,175,000 |
5,175,000 |
5,175,000 |
5,175,000 |
5,175,000 |
5,175,000 |
5,175,000 |
5,175,000 |
5,175,000 |
5,175,000 |
|
- |
% 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 |
100.00 |
100.00 |
|
- |
% of shares (as a % of the total share capital of
the company) |
52.17 |
52.17 |
52.17 |
52.17 |
52.17 |
52.17 |
52.17 |
52.17 |
52.17 |
52.17 |
52.17 |
52.17 |
|
Disclosure of
assets and liabilities as per clause 41 of the listing agreement for the
half year ended September 30, 2015.
Amount , Rs. Lacs
|
Particulars |
30.09.2015 |
31.03.2015 |
|
Standalone |
Consolidated |
Standalone |
Consolidated |
|
1 |
Shareholders' Fund : |
|
|
|
|
| a) |
Share Capital |
992.00 |
992.00 |
992.00 |
992.00 |
| b) |
Reserves & Surplus |
288.09 |
3847.78 |
211.96 |
3487.71 |
| c) |
Money received against share warrants |
0.00 |
0.00 |
0.00 |
0.00 |
| |
Sub Total - 1 |
1280.09 |
4839.78 |
1203.96 |
4479.71 |
| 2 |
Share Application Money pending allotment |
|
|
|
|
| 3 |
Non Current Liabilities |
|
|
|
|
| a) |
Long -term borrowings |
0.00 |
157.36 |
0.00 |
238.63 |
| b) |
Deferred Tax Liabilities (Net) |
0.04 |
3.03 |
0.04 |
20.11 |
| c) |
Other Long-term liabilities |
0.00 |
6.15 |
0.00 |
2.93 |
| d) |
Long-term provisions |
0.00 |
19.11 |
0.00 |
15.46 |
| |
Sub Total - 3 |
0.04 |
185.65 |
0.04 |
277.13 |
| 4 |
Current Liabilities |
|
|
|
|
| a) |
Short-term borrowings |
0.00 |
94.41 |
0.00 |
176.38 |
| b) |
Trade payables |
0.00 |
121.35 |
0.43 |
217.79 |
| c) |
Other current liabilities |
5.55 |
447.98 |
3.76 |
343.02 |
| d) |
Short-term provisions |
2.38 |
34.58 |
59.83 |
122.20 |
| |
Sub Total - 4 |
7.93 |
698.32 |
64.02 |
859.39 |
| |
TOTAL LIABILITIES |
1288.06 |
5723.75 |
1268.02 |
5616.23 |
| 5 |
Non Current Assets: |
|
|
|
|
| a) |
Fixed Assets |
0.31 |
1862.17 |
0.39 |
1998.04 |
| b) |
Non Current Investments |
291.10 |
1.10 |
291.10 |
1.10 |
| c) |
Deferred Tax Assets (Net) |
0.00 |
0.00 |
0.00 |
0.00 |
| d) |
Long-term loans and advances |
556.50 |
128.51 |
557.80 |
79.59 |
| e) |
Other non-current assets |
0.00 |
0.00 |
0.00 |
0.00 |
| |
Sub Total - 5 |
847.91 |
1991.78 |
849.29 |
2078.73 |
| 6 |
Current Assets : |
|
|
|
|
| a) |
Current Investments |
0.00 |
0.00 |
0.00 |
0.00 |
| b) |
Inventories |
0.00 |
885.21 |
0.00 |
969.40 |
| c) |
Trade Receivables |
0.00 |
1446.42 |
0.00 |
1001.73 |
| d) |
Cash & Cash Equivalents |
418.80 |
637.53 |
391.09 |
719.65 |
| e) |
Short-term loans and advances |
21.35 |
762.81 |
27.64 |
846.72 |
| f) |
Other current assets |
0.00 |
0.00 |
0.00 |
0.00 |
| |
Sub Total - 6 |
440.15 |
3731.97 |
418.73 |
3537.50 |
| |
TOTAL ASSETS |
1288.06 |
5723.75 |
1268.02 |
5616.23 |
| |
|
|
|
|
|
|
|
Notes :
1. The above unaudited results were
reviewed by the Audit Committee and approved by the Board of Directors
on 03.11.2015.
2. The Statutory
Auditors of the Company have carried out a Limited Review of the above
results for the quarter and six months
ended 30.09.2015.
3. There was no
exceptional / extraordinary item during the quarter and six months ended
30.09.2015.
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. During the
quarter, one compliant from investor was received and resolved. There were no
complaints pending at the beginning and at the end of the quarter.
|
|
Date : 03.11.2015
ON BEHALF OF THE BOARD OF DIRECTORS
Place : Bhavnagar
Bipin
F. Tamboli, CHAIRMAN |
|
|
|
|
|
|