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    Financial Results For December 31, 2015 (Result)

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    Shyam Sunder
    - The Board of Directors of Apcotex Industries Limited approved the audited financial results for the quarter ended December 31, 2015 and appointed Mr. Yashodhan B Gadgil as Executive Director of the Company. - The auditors, Kalyaniwalla & Mistry, issued an unqualified opinion on the financial results and stated that the results were prepared in accordance with applicable accounting standards and presented a true and fair view. - For the quarter ended December 31, 2015, Apcotex reported a net profit of Rs. 467.52 lakhs, up from Rs. 532.75 lakhs in the previous quarter.

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    Financial Results For December 31, 2015 (Result)

    Uploaded by

    Shyam Sunder
    34 views3 pages
    - The Board of Directors of Apcotex Industries Limited approved the audited financial results for the quarter ended December 31, 2015 and appointed Mr. Yashodhan B Gadgil as Executive Director of the Company. - The auditors, Kalyaniwalla & Mistry, issued an unqualified opinion on the financial results and stated that the results were prepared in accordance with applicable accounting standards and presented a true and fair view. - For the quarter ended December 31, 2015, Apcotex reported a net profit of Rs. 467.52 lakhs, up from Rs. 532.75 lakhs in the previous quarter.

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    Financial Results for December 31, 2015 [Result]

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    - The Board of Directors of Apcotex Industries Limited approved the audited financial results for the quarter ended December 31, 2015 and appointed Mr. Yashodhan B Gadgil as Executive Director of the Company. - The auditors, Kalyaniwalla & Mistry, issued an unqualified opinion on the financial results and stated that the results were prepared in accordance with applicable accounting standards and presented a true and fair view. - For the quarter ended December 31, 2015, Apcotex reported a net profit of Rs. 467.52 lakhs, up from Rs. 532.75 lakhs in the previous quarter.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    34 views3 pages

    Financial Results For December 31, 2015 (Result)

    Uploaded by

    Shyam Sunder
    - The Board of Directors of Apcotex Industries Limited approved the audited financial results for the quarter ended December 31, 2015 and appointed Mr. Yashodhan B Gadgil as Executive Director of the Company. - The auditors, Kalyaniwalla & Mistry, issued an unqualified opinion on the financial results and stated that the results were prepared in accordance with applicable accounting standards and presented a true and fair view. - For the quarter ended December 31, 2015, Apcotex reported a net profit of Rs. 467.52 lakhs, up from Rs. 532.75 lakhs in the previous quarter.

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    © All Rights Reserved
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    I I

    apcotex industries limited

    *#ffiM

    2016
    6h February
    - ListingDepartment,
    of Corporate
    Manager- Department
    Services
    TheManager
    BornbayStockErchangeLtd.
    Exchange
    of lndiaLtd
    TheNationalStock
    Towers,
    Exchange
    Plaza,Sthfloor,Plotno.C/1,"G"Block, Jeejeebhoy
    DalalStreet,
    Fort,
    - 400001
    Mumbai
    Bandra-Kurla
    Complex,
    Mumbai400051
    APCOTEXIND
    Symbol:
    Security
    Code:523694
    DearSir,
    of the BoardMeetinqheldon Februarv6. 2016
    Sub:Outcomeof the proceedinqs

    '

    6, 2016:
    heldtodayi.eon February
    at theirmeeting
    of theCompany
    TheBoardof Directors
    2015
    1. Approvedand took on recordthe AuditedFinancialResultsfor the quarterendedDecember
    enclosed)
    alongwithAuditorReport.(copy
    has been appointedas
    2. Mr. YashodhanB Gadgilcurentlyworkingas Vice President-Operation
    effect.
    immediate
    Executive
    DirectoroftheCompanywith
    at4.15p.m
    startedat2.00p.mandConcluded
    TheBoardMeeting
    thereceiptandtakethesameon yourrecords.
    to acknowledge
    Youarerequested
    you.
    Thanking
    Yourstruly
    LIMITED
    INDUSTRIES
    foTAPCOTEX
    /

    t1

    I/.

    ftrulN'

    ANANDV KUMASHI
    CompanySecretary.

    PLEASE REPLYTO

    REGD.OFFICE& FAGTORY: PtotNo.3/1,MIDClndustrialArea,Taloja- 410 208,Dist.Raigad,Maharashtra.


    India.
    Tel. : (O22)27403500 o Fax: 1022) 2741 2052
    CORPORATEOFFICE
    : N. K. M. fnternationalHouse,178, BackbayReclamation,BabubhaiM. ChinaiMarg, Mumbai- 4OOO20,Maharashtra,In
    Tel (02212283 8302 I 2283 8304 e Fax (O2212283 8291 r Email ; info@apcotex.com
    Website : www.apcotex.com
    qN NO. L99999MH1986PLC039199

    KALYANIWALLA
    &

    MISTRY

    (Regd)

    C H A R T E R E O A C C O U N T A N T S

    ulrem

    To
    Board of Directorsof ApcotexIndustriesLimited'
    We haveauditedthequarterlyfinancialresultsof Apcotex Industries Limited (,,theCompany',)
    for the quarterendedDecember31,2015, and the year to date financial resultsfor the p"rioO
    from April l, 2015to December31, 2015, attachedherewith,being submittedby the Company
    pursuantto the requirementof Regulation33 of the SEBI (Listing Obligationsand Disclosur!
    Requirements)
    Regulations,20l5.Thesequarterlyfinancialresultsur *ill as the year to date
    financialresultshavebeenpreparedon the basisof the interimfinancialstatements,
    *6i.tt arethe
    responsibilityof the Company'smanagement.
    Our responsibilityis to expressan opinionon these
    financial results based on our audit of such interim financial statements,which have been
    preparedin accordance
    with the recognitionandmeasurement
    principleslaid down in Accounting
    Standard(AS) 25, Interim FinancialReporting,prescribedunderSei t:: of the CompaniesActl
    2013 readwith relevantrules issuedthere under;as applicableand other accountingprinciples
    generallyacceptedin India.
    We conductedour audit in accordancewith the auditingstandardsgenerallyacceptedin India.
    Thosestandards
    requirethat we plan and performthe audit to obtainrearonableassurance
    about
    whetherthefinancialresultsare free of materialmisstatement.
    An audit includesexamining,on a
    test basis,evidencesupportingthe amountsdisclosedas financialresults.An audit also includes
    assessing
    the accountingprinciplesused and significantestimatesmade by management.We
    believethat our auditprovidesa reasonable
    basisfor our opinion.
    In our opinion and to the bestof our informationand accordingto the explanationsgiven to us
    thesequarterlyfinancialresultsas well asthe yearto dateresults:
    (i) are presentedin accordance
    with the requirements
    of Regulation33 of the SEBI (Listing
    Obligations
    andDisclosure
    Requirements)
    Regulations
    ,2015 in this regard;and
    (ii) give a true and fair view of the net profit and otherfinancialinformationfor the quarter
    endedDecember31,2015as well as yearto dateresultsfor the periodfrom April l, Z0l5
    to December
    31,2015.
    FoTKALYANIWALLA & MISTRY
    CHARTERED ACCOUNTANTS
    Firm RegistrationNo: 104607W

    ERMIN K.IRANI
    PARTNER
    MembershipNo: 35646
    Place:Mumbai
    Date:Februarv6.2016

    K A L P A T A R UH E R t T A C E ,r 2 7 M A H A T M A C A N D H T R O A D , M U M B A T 4 o o o o r
    TEL.: (9r) (zz) 5r5E Tzoo
    FAX: (9r) (zzl zz67 jg64
    ARMY &

    NAVY BUILDtNG,r48 MAHATMA GANDHTROAD, MUMBAT


    4oo oo1
    TEL.: (9r) (221 6rjE 62oo
    FAX: {9,r) (22) StSE 6275

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    T '-T

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    apcote x industries limited

    I I

    AUDITEDFINANCIALRESUTTSFORQUARTERANDNINEMONTHSENDED31ST DECEMBER2015
    ln
    Nine months

    Particulars

    Sn No.

    31st Dec15
    (Audired)

    Income from operations


    (a) Netsales/incomefrom operations
    (Netofexciseduty)
    {b) Otheroperatingincome
    Total income from oDerationsfnetl

    6,5L6.84
    52.03
    6.56A-A7

    30th Sep 15
    (auditrdl

    6,752.95

    31st Dec 14

    31st Dec 15
    tArr.lit..lt

    ended

    Year Ended

    31st Dec 1,1


    fAuditedl

    a.455.2+

    19,937.23

    27,667.22

    3t.2\
    6,744.14

    39,LA
    4,494,42

    702.67
    20,039.90

    27,795.A2

    4,576.53

    ,,9t9._77

    L28.60

    31st March 15
    tAuditedl

    35,336.86
    177.23
    35,508.09

    E;<penses

    4,2L9.0L

    (a) Cost ofmaterials consumed

    13,139.9r

    20,769.-77

    24880.94

    (b) Purchases of stock-in-trade


    (c) Changes in inventories of finished goods, work-inprogress and stock-in-trade
    (d) Depreciation and amortisation expense

    386.91
    1,014.45
    5,839.34

    (eJ Employee benefits expense


    (fJ 0therExpenditure
    Total expenses
    Profit / (Loss) from operations before other income,
    Iinance costs and exceptional ltem (1-2)
    Other income

    Prolit / (Loss)from ordinary activities before finance


    costsand exceptionalitems (3!4)
    Financecosts

    760.4
    /5.5J

    Profit / (Loss) from ordinary activities after linance


    costs but before exceptional items (5 a 6)
    8

    729.53
    30.49

    (3.2e1
    ?22.26

    76
    247.06
    375.86
    885.38
    6,079.O7
    705.11

    63.00
    764.71

    53.65

    57.25

    28.81

    2r0.24

    2L.8r

    139.45

    347.68
    1,158.71
    7,7o'.6L

    674.31
    1,138.93
    2,847.89
    17,858.29

    675.37
    1,060.87
    3,491.41
    25,419.L7

    897.7L
    r,4r0.26
    4,930.16
    32,258.52

    789.81

    2,181.61

    2,376.6s

    3,249.57

    494.22

    557.54

    143.53
    933.34
    80.67

    218.81
    2400'42
    171.50

    2,47O.47
    268.W

    3,807.11

    324.26

    68/,.47

    714.45

    852.47

    2,228.92

    2,602.83

    3,482.85

    68/.47

    7t4.46

    as2.67

    2,228.92

    2,602.83

    3,482.85

    Exceptionalibems

    9
    10
    LL

    Prolit / (Loss)from ordinary activities before tax


    [7i8)
    Tax exoenses
    Net Profit / (Loss) from ordinary activities after tax

    (s! r0)

    t2
    13

    '
    Extraordinaryitems (net of tax expenses- l,akhs]
    Net Profit / (Loss) for the period (11 1 12)

    216.95

    181.70

    247.62

    618.19

    7t1.99

    467,52

    532.75

    605.05

    1,610.73

    1,890.84

    2,468.06

    467.52

    s32.75

    605.05

    1,610.73

    1,890.84

    2368.06

    467.52

    532.76

    605.05

    1,610.73

    1,890.84

    2,464.6

    1,040.80

    1,040.80

    522.35

    1,040.80

    7,0L4.79

    Shareofprofit / floss) ofassociates

    Minorityinterest
    Net Pront / (Loss)after taxes,minority interest and
    share ofprofit / {loss) ofasSociates(13 ! 14 ! 15J
    Paid-upequitysharecapital
    fFaceValueof Rs5/- eachl

    IO

    0.

    s*

    t7
    18

    522.35

    Reserve excluding Revaluation Reserves as

    9,452.95

    per balancesheet ofprevious accountingyear


    lY-

    19. ii

    Earnings per share (before extraordinary


    [ofRs S/- each) [notannualised):
    (aJ Basic'
    fbl Diluted'
    Earmngs per snare lalrcr extraordrnary
    (of Rs 5/- each) (not annualised):

    522.35

    items)

    2.25
    2.25

    2.57
    2.57

    2.92
    2.92

    7.77
    7.77

    9.12
    9,72

    11.90
    11.90

    2.25
    2.25

    2.57
    2.57

    2.92
    2.92

    7.77
    7.77

    9.X2
    9.t2

    11.90
    11.90

    rfemsj

    ta, tsaslc
    (b) Diluted'
    Notes:
    1

    The Company is engaged in the business ofSynthetic Emulsion Polymers.

    The above financial results were reviewed by the Audit Committee after audit by the statutory auditors ofthe Company and the Board ofDirectors approved the
    same at their meeting held on 06th February 2016 in accordance with the requirements of Regulation 33 of the SEBI flisting 0bligations and Disclosure
    Requirements] Regulations, 2015,
    The Company has allotted 10,368,992 fully paid-up shares of face value of Rs 5/- each during the quarter ended 30th September, 2015, pursuant to bonus isue
    approved by the shareholders through postal ballot on 12th September 2015, Bonus share ofone equity share for every equity share held, has been allotted to the
    existing shareholders on record date .i,e, 24th September 2015. The shares were allotted in the board meeting held on 25th September 2015. The earnings per
    share have been adjusted for previous periods, in accordance with AS 20 (Earnings Per Share).

    The above figures have been regrouped wherever nesessary.


    For and behalfofthe

    Board

    aL_4

    Place:Mumbai
    Date : 06th February,2016

    Atul C,Choksey
    Chairman

    PLEASEREPLYTO

    \:-'-.y2t

    - 41o2oe,Dist.
    REGD.OFFICE& FACTORY: prot
    No.s/l,rrrroci)frnn6ii*a,raloja
    Raigad, Maharashtra. lndia.
    TeL : (OP) 274a35OOo Fax : (022) 2741 2052
    CORPORATEOFFTCE
    : N. K. M. lnternationalHouse, 178, BackbayReclamation,BabubhaiM. ChinaiMarg, Mumbai- 400 OAO,Maharashtra,India.
    Tef (022) 2283 8302 | 2283 8304 r Fax (022) 2283 8291 . Email : info@apcotex.com
    Websile : www.apcotex.com
    clN NO. L99999MH1986PLC0391
    ee

    "iij

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