AIA ENGINEERING LIMITED

Size: px

Start display at page:

Download "AIA ENGINEERING LIMITED"

Cecily Price
5 years ago
Views:

1 (Rs. in Lacs) STANDALONE FINANCIALS Audited Un-Audited Audited Audited Audited (1) (2) (3) (4) (5) 1 Net Sales / Income from operations (Net of Excise duty) Other Operating Income Total Income from Operations (net) Expenditure : a) Cost of Material Consumed b) Purchase of Stock-in-Trade c)changes in Inventories of Finished Goods, Work-in-progress and stock-in-trade AIA ENGINEERING LIMITED ( ) ( ) d) Employee benefit expenses e) Depreciation & amortization expenses f) Other Expenses g) Total Expenditure (a+b+c+d+e+f)) Profit from Operations before other Income, Finance Costs & Exceptional Items (1-2) 4 Other Income Profit from ordinary activities before Finance Costs & Exceptional Items (3+4) 6 Finance Costs Profit from ordinary activities after Finance Costs but before Exceptional Items (5-6) 8 Exceptional Items 9 Profit (+) /Loss (-) from Ordinary Activities before Tax (7-8) Tax Expenses (Provision for Taxation) (i) Current Tax (ii) Deferred Tax Total Tax ( i+ii) Net Profit (+) /Loss (-) from Ordinary Activities after Tax ( ) 12 Extraordinary Items (Net of Tax Expenses Rs. ). 13 Net Profit (+) / Loss (-) for the period (11-12) Less: Share of profit / (loss) of Associates 15 Less: Minority Interest 16 Net Profit after Minority Interest ( ) Less: Prior Period Adjustment 18 Net Profit after Adjustment (16-17) Paid-up Equity Share Capital Face Value of Rs.2 each Reserves excluding Revaluation Reserves as per Balance Sheet of Previous accounting year 21 Earning Per Share (EPS) Basic and diluted EPS before & after Extraordinary items for the period, for the year to date and for the previous year (not to be annualised) BASIC DILUTED

2 AIA ENGINEERING LIMITED STANDALONE FINANCIALS A. 1 PARTICULARS OF SHAREHOLDING Public Shareholding of Equity Shares Percentage of Shareholding 38.35% 38.35% 38.35% 38.35% 38.35% 2 Promoters & Promoter group Shareholding (a) - Pledged/Encumbered - Number of Shares - Percentage of shares (as a % of the total shareholding of N.A. N.A. N.A. N.A. N.A. - Percentage of shares (as a % of the total share capital of N.A. N.A. N.A. N.A. N.A. the Company). (b) Non-encumbered - Number of Shares Percentage of shares (as a % of the total shareholding of 100% 100% 100% 100% 100% - Percentage of shares (as a % of the total share capital of the Company) % 61.65% 61.65% 61.65% 61.65% B INVESTOR COMPLAINTS Pending at the beginning of the year Received during the quarter Disposed of during the quarter Remaining unresolved at the end of the quarter 3month ended

3 (Rs. in Lacs) CONSOLIDATED FINANCIALS Audited Un-Audited Audited Audited Audited (1) (2) (3) (4) (5) 1 Net Sales / Income from operations (Net of Excise duty) Other Operating Income Total Income from Operations (net) AIA ENGINEERING LIMITED Expenditure : a) Cost of Material Consumed b) Purchase of Stock-in-Trade c)changes in Inventories of Finished Goods, Work-inprogress and stock-in-trade ( ) (291.96) ( ) ( ) d) Employee benefit expenses e) Depreciation & amortization expenses f) Other Expenses g) Total Expenditure (a+b+c+d+e+f)) Profit from Operations before other Income, Finance Costs & Exceptional Items (1-2) 4 Other Income Profit from ordinary activities before Finance Costs & Exceptional Items (3+4) 6 Finance Costs Profit from ordinary activities after Finance Costs but before Exceptional Items (5-6) 8 Exceptional Items 9 Profit (+) /Loss (-) from Ordinary Activities before Tax ( ) 10 Tax Expenses (Provision for Taxation) (i) Current Tax (ii) Deferred Tax Total Tax ( i+ii) Net Profit (+) /Loss (-) from Ordinary Activities after Tax (9-10) 12 Extraordinary Items (Net of Tax Expenses Rs. ). 13 Net Profit (+) / Loss (-) for the period (11-12) Less: Share of profit / (loss) of Associates 15 Less: Minority Interest (8.27) (30.66) Net Profit after Minority Interest ( ) Less: Prior Period Adjustment 18 Net Profit after Adjustment (16-17) Paid-up Equity Share Capital Face Value of Rs.2 each Reserves excluding Revaluation Reserves as per Balance Sheet of Previous accounting year Earning Per Share (EPS) Basic and diluted EPS before & after Extraordinary items for the period, for the year to date and for the previous year (not to be annualised) BASIC DILUTED

4 AIA ENGINEERING LIMITED CONSOLIDATED FINANCIALS A. 1 PARTICULARS OF SHAREHOLDING Public Shareholding of Equity Shares Percentage of Shareholding 38.35% 38.35% 38.35% 38.35% 38.35% 2 Promoters & Promoter group Shareholding (a) - Pledged/Encumbered - Number of Shares - Percentage of shares (as a % of the total shareholding of N.A. N.A. N.A. N.A. N.A. - Percentage of shares (as a % of the total share capital N.A. N.A. N.A. N.A. N.A. of the Company). (b) Non-encumbered - Number of Shares Percentage of shares (as a % of the total shareholding of 100% 100% 100% 100% 100% - Percentage of shares (as a % of the total share capital of the Company) % 61.65% 61.65% 61.65% 61.65% B INVESTOR COMPLAINTS Pending at the beginning of the year Received during the quarter Disposed of during the quarter Remaining unresolved at the end of the quarter 3 month ended

5 NOTES 1 The above Audited Financial Results for the year ended 31 st March 2012 have been reviewed by the Audit Committee and were taken on record by the Board of Directors in their respective meetings held on 30th May The Board of Directors of the Company have recommended a dividend of Rs.3/- (150%) per Equity Share of Rs.2 each amounting to Rs Lacs for the year excluding Corporate Dividend Tax of Rs Lacs. The Company has only one primary segment i.e. manufacturing of High Chrome Mill Internals. The consolidated Finanical Results comprises of the results of the parent company i.e. AIA Engineering Ltd. and its subsidiaries viz. Welcast Steels Ltd., Bangalore, DCPL Foundries Ltd., Ahmedabad, Vega Industries (Middle East) F.Z.E.,UAE, Vega Industries Ltd., U.K., Vega Industries Ltd., U.S.A., Vega Steels Industries (RSA) Pty. Ltd., South Africa and Wuxi Weigejia Trade Co. Ltd., China. The Company has mark-to-market outstanding derivative contracts. The notional marked-to-market loss on these unexpired contracts as on is Rs Lacs. The actual gain / loss could vary and be determined only on settlement of the contracts on their respective due dates. Statement of Assets and Liabilities as at the end of (Rs. in lakhs) STANDALONE CONSOLIDATED Audited Audited Audited Audited A EQUITY AND LIABILITIES 1 SHAREHOLDERS FUND: (a) Capital 1, , , , (b) Reserves and Surplus 93, , , , Sub-total Shareholders' funds 95, , , , Share application money pending allotment 3. Minority Interest Non-Current Liabilities: (a) Long-term Borrowings (b) Deferred Tax Liabilities (net) 1, , , , (c) Other long-term liabilities (d) Long-term Provisions Sub-total Non-Current Liabilities 2, , , , Current Liabilities: (a) Short-term Borrowings 2, , , (b) Trade Payables 7, , , , (c) Other Current liabilities 1, , , , (d) Short-term Provisions 4, , , , Sub-total Current Liabilities 16, , , , TOTAL EQUITY AND LIABILITIES 114, , , , B. ASSETS 1 Non-Current Assets: (a) Fixed Assets 33, , , , (b) Goodwill on Consolidation (c) Non-Current Investments 1, , (d) Deferred Tax Assets (Net) (e) Long term loans and advances 1, , (f) Other Non Current Assets Sub-total Non-Current Assets 36, , , , Current Assets: (a) Current Investments 11, , , , (b) Inventories 16, , , , (c) Trade Receivables 29, , , , (d) Cash and Cash equivalents 7, , , , (e) Short Term Loans and advances 12, , , , (f) Other Current Assets Sub-total Current Assets 77, , , , TOTAL ASSETS 114, , , ,270.86

6 7 The previous Period / Year figures have been regrouped, reclassified and restated wherever necessary as per Revised Schedule VI and in Compliance with SEBI Circular Dated 16 th April 2012 to make them comparable with the current periods / Year figures. 8 The figures of last quarter are the balancing figures between audited figures in respect of the full financial year and the published year to date figures up to the third quarter of the current financial year The Financial statements have been prepared in line with the requirements of Revised Schedule VI of the Companies Act, 1956 as introduced by the Ministry of Corporate Affairs for the Financial 31 st March Accordingly, Assets and Liabilities are classified between current and non-current considering 12 months period as operating cycle. The adoption of revised schedule VI does not impact recognition and measurement principles followed for preparation of consolidated financial statements. However, it has sufficient impact on presentation and disclosures made in the financial statements. Consequently, the company has re-classified previous year figures to confirm to this years' classification. The Company has hitherto been accounting for export benefits on receipt basis i.e. as and when utilized / sold. During the year, the Company has changed its method of accounting from receipt to accrual, as a consequence of this, current year export incentive income and profit is higher by Rs Lacs. Place - Ahmedabad Date - 30th May 2012 By Order of Board of Directors AIA Engineering Limited Sd/- (Bhadresh K. Shah) Managing Director

AIA ENGINEERING LIMITED

AIA ENGINEERING LIMITED PART I UN AUDITED FINANCIAL RESULTS FOR THE QUARTER & NINE MONTHS ENDED 31 st DECEMBER 2014. (Rs. in Lacs) STANDALONE FINANCIALS Nine Months ended Year ended Un audited Un audited