Security In Kurla 400 CIT/\L CHEMFAB ALKALIS LIMITED (Formerly Known as Teamec Chlorates Limited) CAL / SECL / 201819 January 30 2019 The Manager The Manager The Bombay Stock Exchange Limited National Stock Exchange oflndia Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra Complex Bandra (E) Mumbai 400 001 Mumbai 051 BSE Code: 541269 NSE Symbol: CHEMFAB Dear Sir/ Madam Sub: Outcome of Board Meeting held on Wednesday the 30th January 2019 Ref: Submission of Information Pursuant to Regulation 33 and 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 We wish to inform you that at the Board Meeting held today the UnAudited Financial Statement of the Company for the Quarter (Q3) ended December 31 2018 as recommended by the Audit Committee was approved by the Board of Directors of the Company Independent Auditors Review Report thereon was taken note of The same are enclosed and the Pursuant to Regulation 33(3) (d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 a Declaration by the company with respect to Auditors Report with Unmodified opinion is also enclosed The Board Meeting commenced at 1145 AIM and Concluded at 4155 RMl Kindly Thanking You Yours faithfully take the above information on record For CHEMFAB ALKALIS LIMITED waw G Somasundaram Company Secretary mm m mm MOHSAsmm m 130 um [IMOnew mum" CIN No UZOZQOTNZOUSPLCONSSJ Inl Grow at can nae: A ma on: TEAM House 551 Road Vandalur Chennar an) ma lnma th Gnanananaapiaceixalaper PuducherryfiOfigMInma w :91 m 2555111 Emu memianaikalmmmoimngsmm wwwcnunlabalkamcm
Security In Kurla 400 p m CHEMFAB ALKALIS LIMITED (Formerly Known as Teamec Chlorates Limited) CAL / SECL / 201819 January 30 2019 The Manager The Manager The Bombay Stock Exchange Limited National Stock Exchange oflndia Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra Complex Bandra (E) Mumbai 400 001 Mumbai 051 BSE Code: 541269 NSE Symbol: CHEMFAB Dear Sir/ Madam Sub: Outcome of Board Meeting held on Wednesday the 30th January 2019 Ref Regulation 33 (3) (d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and SEE] CIR/CFD/CMD/56/2016 dated 2 h May 2016 Pursuant to SEBI Circular nor SEBI CIR/CFD/CMD/56/2016 dated 2 1 May 2016 We hereby confirm that MS Deloitte Haskins & Sells LLP Statutory Auditors of the Company have issued Auditors report on the UnAudited financial Statement of the company for the Quarter ended 31St December 2018 with Unmodified Opinionl Kindly Thanking You Yours faithfully take the above information on record For CHEMFAB ALKALIS LIMITED WWW G Somasundaram Company Secretary emum m mm Qumran m 150 new macmm a mum" CIN No UZJZQOTNZOUQPLCONSSJ Inl Grow at companies A ma on: TEAM Hausa 551 Road Vanualur Chennal em) ms inma th Gnanananaa FlamiKalapel Puducnerryaofiammuia w 91 4132555111 Emu diemfahalkalis drmmolmngsmm wwwchmflabalkahicmn
020 2064 641 ~ Year 4521 Chemfab Alkalis Limited CIN:U24290TN2009PLC01563 Regd Office: Team House Vandalur Chennai 600 046 I Phone No: +91 44 2250323 Fax No: +91 44 2250860 STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31/12/2018 (Amount Rs In Lakhs) to date CORESPOHMg Year to date figures Preceding figures for the Previous Year 3 months ended for current period riod ended 3 M th5 end8d 51 No Particulars 31/12/2018 31/12/201 in the ended 10 PE ended 31/03/2018 30/09/2018 revious ear P y 31/12/2018 31/12/201 (Unaudited) (Unaudited) (Refer Note 6) (Unaudited) (Audited) (Audited) 1 Income Revenue from Operations Other Income Total Income 441566 435680 456434 131044 1335662 1841820 11201 11356 1301 36551 24528 36203 4526 44036 40135 140595 1360190 188023 2 Expenses (a) Cost of Materials Consumed 8192 965 3695 30019 39980 959 65 662 (b) Purchase of Stock in trade 641 (C) Changes in Inventories of Finished goods and Workin Progress 19159 1095 8513 (46) (8239) 9238 4521 (d) Excise Duty (e) Employee BenefiB Expense 40238 403 3016 125302 113308 15213 5532 5240 6591 1464 19906 309 (1 ) Finance Cost (g) Depreciation and Amortisahon Expense 35885 33363 28559 101665 848 1191 (h) Power 8: Fuel 1689 1953 20615 58006 603068 81042 (i) Other Expenses 5905 58082 5408 211466 204115 2140 Total Expenses 3 Profit before Exceptional Items (12) 4 Exceptional Items (Refer note 5) 5 (Loss)/ Profit before Tax (34) 6 Tax Expense (Net) Net (L055)/ Profit after Tax (56) 35020 335935 355461 102249 1093432 1480266 102560 111101 11464 335346 26658 395 (196325) (196325) 102560 (85224) 11464 139021 26658 395 3994 (14941) 43610 61228 89852 143012 64566 (0283) 1064 93 16906 25445 8 Other Comprehensive Income (a) Items that will not be reclassified to the Statement of Profit and Loss Effect of Measuring investment at fairvalue (004) (068) Actuarial gain on defined benefit obligation Deferred tax on Adjustments 204 (148) 24 13 2053 132 (461) (452) (698) (045) 1648 (6) Items that will he reclassified to the Statement of Profit and Loss Total Other Comprehensive (Loss)/ Income Net of Tax (004) (048) 1816 120 361 (2940) 9 Total Comprehensive (Loss)/ Income (+8) 2880 9000 126 251805 64562 (0331) 10 Paidup Equity Share Capital (Face Value of Rs 10 per share) 138905 138905 138305 138905 138305 138305 (Refer note 2) 11 Reserves (Other Equity) 222348 12 Earning per Share (Face Value of Rs 10 per share) (not annualised) : (a) Basic 465 (506) 514 560 129 1842 (b) Diluted 461 (506) 50 555 1261 1816 Ix 00th
Year < NOTES: Chemfab Alkalis Limited CIN:U2429OTN2009PLC01563 Regd Office: Team House Vandalur Chennai 600 048 Phone No: +91 44 250323 Fax No: +91 44 250860 The above Unaudited financial results were reviewed by the Audit Committee at its meeting held on 30 January 2019 and approved by the Board of Directors of the Company at their meeting held on that date 2 The Equity shares of the Company have been listed with BSE and National Stock Exchange (NSE) with effect from 25 April 2018 vide their intimation/ notice dated 23 April 2018 3 The National Green Tribunal in an application filed by a party (NGO) had granted an ex parte stay restraining the construction activities pertaining to the expansion and operation of the Companys Plant without valid consent order The Company has objected the averments of the complainant and filed its counter for vacating the stay which was granted Subsequent to 31 December 2018 the Company has received an order from the National Green Tribunal vide its order dated 29012019 disposing the matter in favour of the Company and also to submit a report of compliance relating to certain information within three months of the order 4 The Company has identified its reportable segments in accordance with Ind AS 108 Segments Accordingly pursuant to the commencement of the PVCO Pipes project the Company has identified two reportable segments ie Chlor Alkali and Related Products and PVC O Pipes The PVCO project for manufacturing and selling of PVCO pipes 8: fittings at Sri City Tada Andhra Pradesh was commissioned on 22 December 2018 The Company has identified the following as reportable segments under INDAS 108 segments 51 Particulars 31/12/2018 No 1 2 3 4 Preceding (Amount Rs In Lakfl to date Year to date Corresponding figures for the Previous Year 3 months figures ended for current previous period ended 30/09/2018 31/12/201 in the pared eroiiled ended 31/03/2018 prekus year /12/2 8 31/12/201 (Unaudited) (Unaudited) (Refer Note 6) (Unaudited) (Audited) (Audited) Segment Revenue a) Chemicals and related Products/ Services 433865 435680 456434 1363343 1335662 1841820 01 b) PVCO Pipes 01 441566 435680 456434 131044 1335662 18A1820 Total Less: Inter Sement Revenue Net Segment Revenue 441566 435680 456434 131044 1335662 1841320 Segment Result before tax a) Chemicals and related Products/ Services 99099 (90040) 10665 121120 26223 392536 (2208) (1300) (101) (396) (101) (203) b) I VCAO Pipes 96891 (91340) 10564 11144 262136 392333 Total 5532 5240 6591 1464 19906 309 Less: Finance Cost 11201 11356 1301 36551 24528 36203 Add: Other Income Total (LOSSV Profit Before Tax 102560 (85224) 11464 139021 26658 395 Segment Assets: a) Chemicals and related Products/Services 194123 63111 221546 145309 2269362 14532 b) PVCO Pipes 2605294 23606 2415094 Total Segment Assets 580566 613065 566603 Add: Unallocable assets (Refer Note below) 3185860 293841 298169 Total Assets Segment Liabilities: a) Chemicals and related Products/Services 2958 9921 29016 023 316445 1492 b) PVCO Pipes 369 29039 3193 Total Segment Liabilities 386095 352044 301968 Add: Unallocable liabilities (Refer Note below) Wail Liabilities 634 l 649083 619905 5 a) The Company had suspended the operations from 10 July 2018 at its Ongole plant in order to dispose excess accumulated inventory post which the Management is evaluating various options of running the unit profitably b) Pending final decision of viability of the unit the operations at the Ongole Plant remains suspended till further notice The Management has carried out a detailed impairment evaluation and had recognised an impairment loss (net) of Rs 196325 Lakhs pertaining to the carrying value of its property plant and equipment disclosed as exceptional item under Statement of Profit & Loss for the period ended 31 December 2018 6 Figures for the quarter ended 31 December 201 are the balancing figures between the audited figures for the year to date period ended 31 December 201 and the unaudited figures for the year to date period ended 30 September 201 Unallocable assets includes tax assets Investments Unpaid dividend accounts and Unallocable liabilities includes tax liabilities Unpaid dividend payable and borrowings For Chemfab Alkalis Limited w/l IWTUA Place: Chennai Date: 30 January 2019 Suresh Krishnamurthi Rao Chairman DIN No: 0012809
Te Deloitte Haskins & Sells LLP INDEPENDENT AUDITOR S REVIEW REPORT ON REVIEW OF INTERIM FINANCIAL RESULTS Chartered Accountants ASV N Ramana Tower 52 Venkatnarayana Road T Nagar Chennai 600 01 lndia I : +91 ( 044)66885000 Fax: +91 (044) 6688 5050 TO THE BOARD OF DIRECTORS OF CHEMFAB ALKALIS LIMITED 1 We have reviewed the accompanying Statement of Unaudited Financial Results of CHEMFAB ALKALIS LIMITED ( the Company ) for the Quarter and Nine months ended 31 December 2018 ( the Statement ) being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 as modified by Circular No CIR/CFD/FAC/62/2016 dated 5 July 2016 This Statement which is the responsibility of the Company s Management and approved by the Board of Directors has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 Interim Financial Reporting 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 issue a report on the Statement based on our review We conducted our review of the Statement in accordance with 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 This standard requires that we plan and perform the review to obtain moderate assurance as to whether the statement is free of material misstatements A review is limited primarily to inquiries of Company personnel and analytical procedures applied to financial data and thus provides less assurance than audit We have not performed an audit and accordingly we do not express an audit opinion Based on our review conducted as stated above nothing has come to our attention that causes us to believe that the accompanying Statement has not been in accordance with the aforesaid Indian Accounting Standards 34 and other accounting principles generally accepted in India and has not disclosed information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 as modified by Circular No CIR/CFD/FAC/62/2016 dated 5 July 2016 including the manner in which it is to be disclosed or that it contains any material misstatement JT/JM/2019/Ol For DELOITTE HASKINS & SELLS LLP Chartered Accountants (Firm s Registration No 11366W/W100018) yefmme Chennai 30 January 2019 : 10:: Jai ep W S Trasi Partner fijgfifgsf 5V \5 3; @ Membership No211095 Regd Office: 12 Dr Annie Besant Road Opp Shiv Sagar Estate Worli Mumbai 400 018 india (LLP identification No AAE383)