LimiteJ; · (~) LimiteJ; A copy of Statement of Standalone and Consolidated Audited Results along with Auditors Report and Declaration from statutory auditor of unmodified report

Date: 30th May, 2018.

To,The Manager,Listing Department,Bombay Stock Exchange Limited (Designated Stock Exchange),PJTowers, Dalal Street,Mumbai - 400 001. Fax: 022 - 2272 3121/2037/39/41/61/1072

Sub: Outcome of (01st of 2018-19) Board Meeting.Ref: Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015.

Dear Sirs

As informed to you earlier vide our letter dated 28.04.2018, the (Olst of 2018-19) meeting of the

Board of Directors of the Company was held on Wednesday, the 30th day of May, 2018, commenced

at 11.30 A.M. and concluded at 3:15 P.M. In this meeting, the Board have amongst other matters

considered, approved and took on record the following:

• Statement of Standalone & Consolidated Audited Results for the quarter and year ended 31st

March, 2018.

• Auditor's Report on Standalone & Consolidated Financial Results for the quarter and year

ended 31st March, 2018.

• Declaration from statutory auditor of unmodified report on Standalone & ConsolidatedFinancial Results for the quarter and year ended on 31st March, 2018.

• Company recommended dividend of Rs. 0.24p per equity share of face value of Rs. 2 each(i.e. @ 12%) for the financial year ended 31st March, 2018.

• 33rd AGM of the company will be held on Thursday, zv" September, 2018 at 10:00am at

Gyan Manch, 11, Pretoria Street, Kolkata - 700071

• Register of members and Share Transfer Books to be closed from 21st September, 2018 to27th September, 2018 (both days inclusive)

• To designate Mr. Narrindra Suranna, Managing Director as CEO of the Company.

• Dr. P.R. Mukherjee (DIN: 00240758) has been re-appointed as Whole Time Director for a

period of 1 (One) Year w.e.f. 01.10.18, subject to approval of members at the ensuing

Annual General Meeting.

• To further acquire 4994 equity shares of Mis Plastic Processors and Exporter Private Limited

(Subsidiary of Mis Kkalpana Industries (India) Limited) (Shareholding % of the company;

Mis Plastic Processors and Exporter Private Limited after such acquisition will be 99:98%).~~-

"..Regd Office: 2B, Pretoria Street, Kolkata - 700071

Tel. : +91-33-2282 3744/45/3671/99, Fax: +91-33-2282 3739, E-mail: [email protected] 0 e 106, Laxmi Plaza, Laxmi Industrial Estate, New Link Road, Andheri (West), Mumbai - 400 053, India

Tel.: +91-22-67021470/71/72, Fax: +91-22-6702 1473 E-mail: [email protected]

www.kkalpanagroup.com

CIN : L19202WB 1985PLC039431

(~) LimiteJ;A copy of Statement of Standalone and Consolidated Audited Results along with Auditors Report

and Declaration from statutory auditor of unmodified report on Standalone & Consolidated FinancialResults for the quarter and year ended on 31st March, 2018, as required by Regulation 33 of the SEBI

(Listing Obligations and Disclosure Requirements) Regulations, 2015, is enclosed herewith for your

record and reference.

The said results will be duly published in the newspaper as required by Regulation 47 of the SEBI

(Listing Obligations and Disclosure Requirements) Regulations, 2015 and will be uploaded on the

website of the company (www.kkalpanagroup.com) .

Kindly take the aforesaid information on record and oblige.

Thanking You,

Yours faithfully,

For Kkalpana Industries (India) limited

\ Cb'\-~ ~().A~

Tanvi Panday (Membership No. ACS 31176)Company Secretary

CC:The Calcutta Stock Exchange limited, 7 Lyons Range, Kolkata-700 001.

CIN : 119202WB 1985PLC039431

Regd Office: 2B, Pretoria Street, Kolkata - 700 071Tel. : +91-33-2282 3744/45/3671/99, Fax: +91-33-2282 3739, E-mail: [email protected]

Mumbai Office: 106, Laxmi Plaza, Laxmi Industrial Estate, New Link Road, Andheri (West), Mumbai - 400 053, IndiaTel.: +91-22-67021470/71/72, Fax: +91-22-6702 1473 E-mail: [email protected]


KKALPAN~ INDUSTRIES (INDIA) LTD.Statement showing results for the quarter and year ended 31st March 2018. (STANDALONE)

Rs In LacsS.No Parlculars Three Months Ended Year Ended

STANDALONE STANDALONE

31.03.2018 31.12.2017 31.03.2017 31.03.2018 31.03.2017Audited Unaudited Audited Audited Audited

Income1 Revenue from Operations 46,472.73 40,400.73 55,548.49 1,76,801.02 2,13,708.332 Other Income 220.11 -46.94 750.04 792.67 1,081.28

3 Total Income (1+2) 46,692.84 40,353.80 56298.53 1,77,593.69 214,789.61

4 Expensesa. Cost of Materials Consumed 38,123.29 34,445.69 47,373.14 1,48,876.55 1,72,555.15

b. Changes in Inventories of Finished Goods 48.78 -207.80 2,528.34 -79.64 497.09

c. Excise duty on sale of coeds - - - 3,775.43 18,699.98d. Emplovee benefit expenses 825.25 598.90 806.45 2,524.86 2,211.83e. Finance costs 1,882.64 1,257.09 1,846.25 5,767.92 5,398.40

f. Depreciation and amortisation expenses 530.40 401.33 328.90 1,725.66 1,313.95

o. Other expenses 3,683.52 3,148.95 3,082.88 11,553.08 10,381.29Total Exoenses 45093.89 39644.16 55965.97 1 74143.86 2,11057.69

5 ProfiU(loss) before exceptional and Extra 1,598.95 709.63 332.56 3,449.83 3,731.92ordinary Items and tax (3-4)

6 Exceptional Items

7 ProfiU(loss) before Extra ordinary items and 1,598.95 709.63 332.56 3,449.83 3,731.92tax /5+6\

8 Extraordinary Items - - - - -9

ProfiU(loss) before tax 1,598.95 709.63 332.56 3,449.83 3,731.921(7+8)

10 Tax exoensesa. Current Tax 318.45 141.93 -23.43 688.62 826.41b. Deffered tax 563.97 - 277.69 563.97 277.69

11 ProfiU(loss) for the period 716.54 567.71 78.31 2,197.24 2,627.839-10)

12 Other comprehensive Income -18.18 -2.96 -18.18 -2.96

13Total Comprehensive Income for the period 698.35 567.71 75.34 2,179.06 2,624.87112+13)

14 Earnino oer eouitv share- Basic 0.76 0.60 0.08 2.33 2.79- Diluted 0.76 0.60 0.08 2.33 2.79

15 Paid up equity share capital (Face value per 1,881.46 1,881.46 1,881.46 1,881.46 1,881.46share of Rs. 2/-each)

Notes:1 The above audited financial results for the quarter and year ended on 31st March, 2018 have been reviewed by \he audit committee

and have also been approved by the Board of Directors at their respective meetings held on 30th May, 2018

2

The financial results have been prepared In accordance with Indian Accounting Standard ("Ind AS") prescribed under Companies(Indian Accounting Standard) Rules 2015 as amended by the Companies (Indian Accounting Standards) Amendment Rules, 2016.Beginning April 01,2017, the Company has for the first time adopted Ind AS with a transition date of April 01,2016. Accordinglythese financial results (Including for all the periods presented) have been prepared In accordance with the recognition andmeasurement principles stated therein, as prescribed under section 133 of the Companies Act, 2013 read with the relevant rulesIssued thereunder and the other accounting principles generally accepted In India.

Consequent to Introduction of Goods and Service Tax (GST) with effect from 1st July, 2017, Central Excise, Value Added Tax (Vat),etc. have been replaced by GST. In accordance with Indian Accounting Standard 18 on Revenue and Schedule ilion the Companies UJ.u,.Act, 2013, GST Is not fncluded In the Gross Revenue From Operations for applicable periods. In view of the aforesaid restructuring of -<q...:Indirect taxes, Revenue From Operations for the quarter ended 31st March, 2018, quarter ended 31st December, 2017 and year ~~~ended 31st, March, 2018 are not comparable with previous periods. Following additlonallnforrnation is being provided Net of Excise ~Duty to facilitate Comparison of Revenue from Operations 71 !::

Regd Office' 2B, Pretoria Street, Kolkata - 700 071 ~:- ~7>~~

Tel. : +91-33-2282 3744/45/3671/99, Fax: +91-33-2282 3739, E-mail: [email protected] /}, *Mumba' Office. 106, Laxmi Plaza, Laxmi Industrial Estate, New Link Road, Andheri (West), Mumbai - 400053, India

Tel.: +91-22-67021470/71/72, Fax: +91-22-6702 1473 E-mail: [email protected]


3

CIN : L19202WB 1985PlC039431

(~)Particulars

QuarterEnded 31stMarch 2017

Year Ended31st March2018

1,95,008.35

Year Ended 31stMarch 2017

Revenue from Operation (Net of Excise Duty) 46,472.73 40,400.73 55,548.49 1,73,025.58

4The Board of Directors has recommended dividend on equity shares at the rate of Rs. 0.24 Per share of face value of Re. 2 eachaggregating Rs.225.78 Lacs (excluding taxes as applicable) for the financial year ended 31st March 2018.

5Reconciliation between results previously reported under erstwhile Indian GAAP and as presented now under Ind AS for the quarterand year ended 31st March, 2017 Is given below:

Quarter Ended Year Ended 31stParticulars 31st March March 2017 (Rs.

2017 (Rs. InLacsl

In Lacs)

Net Profit for the period as reported under previous Indian GAAP 24.52 2,574.05

Add :-

Fair Value of Investments through Profit & Loss 0.00 0.00

Unwinding of Interest due to present value of security deposit 1.46 1.46

Deferred Tax Impact 60.57 60.57

Reversal of transaction cost debited in Profit & Loss as per IGAAP 49.08 49.08

Provison for doubtful debts 103.01 103.01

Investment written back 7.32 7.32

Less:-

Ammortization of Transaction cost of borrowings -9.89 -9.89

Notional rent on security deposit -1.51 -1.51

Fair Valuation of Unsecured Loan -159.02 -159.02

Depreciation on revaluation reserve reversed -0.19 -0.19"

Net Profit for period as reported under IND AS 75.34 2,624.87

6Reconciliation of Total Equity as previously reported on account of transition from the previous Indian GAAP to Ind As for the yearended 31st March 2017 Is given below:

-~~-~)

Regd. Office: 2B, Pretoria Street, Kolkata - 700 071 ", •.. _'2-'r. *~Tel. : +91-33-2282 3744/45/3671/99, Fax: +91-33-2282 3739, E-mail: kolkata@kkalpana,co.in If'rr W'

Mumbai Office: 106, laxmi Plaza, laxmi Industrial Estate, New link Road, Andheri (West), Mumbai - 400 053, IndiaTel.: +91-22-67021470/71/72, Fax: +91-22-6702 1473 E-mail: [email protected]

Adjustedthrough Additional Year Ended 31st

Particularsretained

Adjustment In March 2017 (Rs.earnings ason transition FY 2016-17 In Lacs)

date

Total Equity as on 31st March 2017 under previous Indian GAAP 27,164.77

Add :-

Fair Value of Investments through Profit & Loss -60.22 0.00 -60.22

Unwinding of Interest due to present value of security deposit 0.71 1.46 2.17

Deferred Tax Impact -98.18 60.57 -37.61

Reversal of transaction cost debited in Profit & Loss as per IGAAP 49.08 49.08

Provison for doubtful debts -1,098.37 103.01 -995.36

Investment written back -0.40 7.32 6.92

Less:-

Ammortization of Transaction cost of borrowings 38.00 -9.89 28.11

Notional rent on security deposit -0.77 -1.51 -2.28

Fair Valuation of Insecured Loan 1,404.36 -159.02 1,245.34

Total Equity as on 31,st March 2017 under Ind 27,400.93AS


CIN : ll9202WB 1985PlC039431

7The Statutory Auditor,M/s.B,Mukherjee & co.have issued reports with unmodified opinion on the financial results for the quarter andyear ended 31st March 2018.The Audit report will be filed with the Stock exchanges & also be available on the company's website.

8The figures of the last quarter for the current and previous year are the balancing figures between the audited figures for full financialyear.

Place: KolkataDate: 30th May, 2018

For Kkalpana Industries (In'lla) Ltd

\U~--Rajesh Kothari (DIN: 02168932)Whole Time Director

9The company is engaged primarily in the business of plastic modules which constitute single reporting segment Accordingly, thecompany is a single segment company in accordance with Indian Accounting Standard 108 "Operating Segment".

10 Figures have been re-grouped I re- arranged wherever considered necessary.

The results would be uploaded and available for viewing on the Company's website at www.kkalpanagroup.com and on the websiteof Bombay Stock Exchange Limited.11

Regd. Office: 2B, Pretoria Street, Kolkata - 700 071Tel. : +91-33-2282 3744/45/3671/99, Fax: +91-33-2282 3739, E-mail: [email protected]

Mumboi Office: 106, Laxmi Plaza, Laxmi Industrial Estate, New Link Road, Andheri (West), Mumbai - 400 053, IndiaTel.: +91-22-67021470/71/72, Fax: +91-22-6702 1473 E-mail: [email protected]


CIN : L19202WB 1985PLC039431

Kkalpana Industries(lndia) limitedStatement of Assets & liabilities

(Rs in Lacs)STANDALONE

Particulars As at 31-03-2018 As at 31-03-2017(Audited) (Audited)

ASSETS1. Non-current assetsProperty, Plant and Equipment 23,121.20 21,111.39Capital work-in-progress 410.14 1,401.00Investment Property 1,281.68 1,281.68Intangible assets 22.29 20.69Financial AssetsInvestments 236.29 236.30Loans - -Other Financial Assets 254.21 696.47Other Non - Current Assets 347.18 153.50Total Non-Current Assets 25,672.98 24,901.03Current AssetsInventories 15,54?90 17,356.32Financial Assets - -Trade receivables 33,113.05 33,975.34Cash and cash equivalents 1,687.83 1,558.84Loans 741.39 73.53Other Financial Assets 346.18 268.72Other current assets 6,497.53 4,071.68Total Current Assets 57,929.87 57,304.43Total Assets 83,602.85 82,205.47

EQUITYAND LIABILITIESEquityEquity Share capital 1,881.46 1,881.46Other Equity 27,698.53 25,519.47

29,579.99 27,400.93Non-Controlling InterestTotal Equity 29,579.99 27,400.93.LIABILITIESNon-current liabilitiesFinancial liabilities .Borrowings 6,488.50 6,650.94Provisions 93.98 54.41

Deferred tax liabilities (Net) 3,002.01 2,447.66"•.•.. "'--<t,- _rr. ~~.

''''''~U. ....,•••...'" . LD, ",.v, .u orre. H, "Ol~ara . I VV VI I l~-'• :.:.i vt:Tel. . +91·33·2282 3744/45/3671/99, Fax. +91-33-2282 3739, E-mail. [email protected] ~r---

Mumbai Office: 106, Laxmi Plaza, Laxmi Industrial Estate, New LinkRoad, Andheri (West), Mumbai - 400 0&3: .~--- 'Tel.: +91-22-67021470/71/72, Fax: +91-22-6702 1473 E-mail: [email protected] ' 1


CIN : l19202WB 1985PlC039431

Total Non Current Liabilities 9,584.50 9,153.02Current liabilitiesFinancial LiabilitiesBorrowings 14,441.10 26,583.76\roue po'lob\es 1.o,o9~.91 14,11.1.1()Other Financial Liabilities 2,528.50 3,157.02Other current liabilities 74.76 309.58Provisions 88.96 167.97Current Tax Liabilities (Net) 614.08 705.44Total Current Liabilities 44,438.37 45,651.52Total Liabilities 54,022.87 54,804.54Total Equity and Liabilities 83,602.85 82,205.47

Place: Kolkata For Kkalpana Industries ~India)Ltd~~Date: 30th May, 2018 ~~--

Rajesh Kothari (DIN: 02168932 - -})Whole Time Director ::I

-, ~

Regd. Office: 2B, Pretoria St"reet,Kolkata - 700071Tel. : +91-33-2282 3744/45/3671/99, Fax: +91-33-2282 3739, E-mail: [email protected]



CIN: l19202WB 1985PlC039431

Rs.ln LacsS.No Pariculars Three Months Ended Year Ended

CONSOLIDATED CONSOLIDATED31.03.2018 31.12.2017 31.03.2017 31.03.2018 31.3.2017Audited Unaudited Audited Audited Audited

Income1 Revenue from Operations 46-.250.26 39.765.38 55.548.49 1.75.947.19 2.13.708.332 Other Income 220.44 -46.94 750.41 793.01 1.081.65

3 Total Income (1+2) 46,470.70 39,718.45 56,298.90 1,76,740.20 2,14,789.99

4 Expenses

a. Cost of materials and services consumed 37.774.11 33.862.77 47.373.14 1,47.944.46 1.72.555.15b. Purchase of stock-in-trade - - -

c. Changes in Inventories of Finished goods 74.11 -259.77 2.528.34 -106.28 497.09d. Excise duty on sale of goods - - 0.00 3.775.43 18.699.98e. Employee benefit expenses 854.49 604.11 806.45 2.559.43 2.211.83f. Finance costs 1.882.64 1.257.11 1.846.36 5.767.94 5.398.50a. Depreciation and amortisation expenses 533.24 401.81 329.74 1.732.91 1.314.79h. Other expenses 3.768.24 3.289.55 3.085.85 11.791.13 10.384.26

Total Expenses 44,886.84 39,155.56 55,969.88 1,73,465.02 2,11,061.60

5 Profit Before Share of ProfiU(Loss)from Investment in Associate and Tax (3-4) 1,583.86 562.88 329.03 3,275.18 3,728.39

6 Share of Profit / (loss) of Associate 4.33 - -19.21 4.33 -19.21

7ProfiU(loss) before tax15+6) 1,588.19 562.88 309.82 3,279.51 3,709.18

8 Tax expensesa. Current Tax 318.45 141.93 -23.43 688.62 826.41b. Deffered tax 563.97 - 277.62 563.97 277.62

9 ProfiU/Ioss} for the period after tax 705.77 420.96 55.64 2,026.91 2,605.16

10 Other comprehensive Income (18.18) - -2.96 -18.18 -2.96

11 Total Comprehensive Income for the 'year 687.59 420.96 52.67 2,008.73 2,602.19

12 Profit / /Ioss} for the Year Attributable to:-Equity Holders of the Parent 707.27 435.63 55.98 2.044.38 2.605.50Non Controlling Interest -1.50 -14.67 -0.35 -17.47 -0.35

705.77 420.96 55.64 2,026.91 2,605.1613 Total Comprehensive Income for the year

Equity Holders of the Parent 689.09 435.63 53.02 2.026.20 2.602.54Non Controllina Interest -1.50 -14.67 -0.35 -17.47 -0.35

687.59 420.96 52.67 2,008.73 2,602.1914 Earning per equity share

- Basic 0.75 0.46 0.06 2.17 2.77- Diluted 0.75 0.46 0.06 2.17 2.77

18Paid up equity share capital (Face value pershare of Rs. 2/-each} 1.881.46 1.881.46 1.881.46 1.881.46 1.881.46

19 Reserves excluding Revaluation reserve

KKALPANA INDUSTRIES /INDIA} LTD.Statement showing results for the quarter and year ended 31st March. 2018. /CONSOLIDATED)

Notes:1

The above audited financial results for the quarter ended and year ended on 31st March. 2018 have been reviewed by the auditcommittee and have also been approved by the Board of Directors at their respective meetings held on 30th May. 2018

Regd. Office: 2B, Pretoria Street, Kolkata - 700071Tel. : +91-33-2282 3744/45/3671/99, Fax: +91-33-2282 3739, E-mail: [email protected] .

Mumbai Office: 106, laxmi Plaza, laxmi Industrial Estate, New link Road, Andheri (West), Mumbai _400 053, IndiaTel.: +91-22-67021470/71/72, Fax: +91-22-6702 1473 E-mail: [email protected]


CIN : l19202WB 1985PlC039431

2

The financial results have been prepared In accordance with Indian Accounting Standard ("Ind AS") prescribed under Companies(Indian Accounting Standard) Rules 2015 as amended by the Companies (Indian Accounting Standards) Amendment Rules, 2016.Beginning April 01, 2017, the Company has for the first time adopted Ind AS with a transition date of April 01, 2016. Accordinglythese financial results (Including for all the periods presented) have been prepared In accordance with the recognition andmeasurement principles state therein, as prescribed under section 133 of the Companies Act, 2013 read with the relevant rulesIssued thereunder and the other accounting principles generally accepted In India.

1,72,171.76

3

Consequent to Introduction of Goods and Service Tax (GST) with effect from 1st July, 2017, Central Excise, Value Added Tax(Vat), etc. have been replaced by GST. In accordance with Indian Accounting Standard 18 on Revenue and Schedule ilion theCompanies Act, 2013, GST Is not Included In the Gross Revenue From Operations for applicable periods. In view of the aforesaidrestructuring of Indirect taxes, Revenue From Operations for the quarter ended 31st March, 2018, quarter ended 31st December,2017 and year ended 31st, March, 2018 are not comparable with previous periods. Following additional Information is beingprovided Net of Excise Duty to facilitate Comparison of Revenue from Operations

Net of Excise Dut

31.03.2018AuditedParticulars

4The Board of Directors has recommended dividend on equity shares at the rate of Rs. 0.24 Per share of face value of Re. 2 eachaggregating Rs.225.78 Lacs (excluding taxes as applicable) for the financial year ended 31st March 2018.

5Reconciliation between results previously reported under erstwhile Indian GAAP and as presented now under Ind AS for thequarter and year ended 31st March, 2017 Is given below:

Quarter EndedYear Ended

Particulars 31st March 201731st March2017 (Rs. In

(Rs. In Lacs) Lacs)Net Profit for the period as reported under previous Indian GAAP 21.41 2,570.92

Add:-

Fair Value of Investments through Profit & Loss 0.00 0.00

Unwinding of Interest due to present value of security deposit 1.46 1.46Deferred Tax Impact 60.57 60.57Reversal of transaction cost debited in Profit & Loss as per IGAAP 49.08 49.08Provison for doubtful debts 103.01 103.01Investment written back 7.32 7.32Less:-Share of Loss from associate compnay -19.21 -19.21Ammortization of Transaction cost of borrowings '.> -9.89 -9.89Notional rent on security deposit -1.51 -1.51Fair Valuation of Unsecured Loan -159.02 -159.01Depreciation on revaluation reserve reversed -0.19 -0.19Net Profit for period as reported under INO AS-Equity Holders

53.02 2,602.54of Parent




CIN : L19202WB 1985PLC039431

As advised by the Statutory Auditor, the figure of Rs.132.07 lacs and RS.11.53 lacs pertaining to M/s.Plastic Processors andExporter PvI Ltd.,shown as capitalised for the quarter ended 31st December 2017 and 30th September, 2017, respectively, is nowreversed and therefore, shown as revenue loss.

The figures of the last quarter for the current and previous year are the balancing figures between the audited figures for fullfinancial year .

• The Statutory Auditor. M/s.B.Mukherjee & Co. ,have issued report with unmodified openion on the financial results for the quarterand year ended 31st March,2018.The Audit report will be filed with the stock exchanges and also be available on the company'swebsite.

6

Particulars

Total Equity as on 31st March 2017 under previous Indian GAAP

Fair Value of Investments through Profit & Loss

Revison in total equity of associate company infinacial year 2015·16Unwinding of Interest due to present value of security depositDeferred Tax ImpactReversal of transaction cost debited in Profit & Loss as per IGAAPProvison for doubtful debtsInvestment written backShare of Loss from associate compnayAmmortization of Transaction cost of borrowingsNotional rent on security depositFair Valuation of Unsecured LoanShare of Non Controlling InterestTotal Equity as on 31st March 2017 under IndAS

7

8

9

Adjustedthroughretainedearnings ason transition

AdditionalAdjustment InFY 2016-17

Year Ended31st March2017 (Rs.lnLacs)

27,161.65

-60.22 0.00 -60.22

53.63 0.00 53.63

0.71 1.46 2.17-98.18 60.57 -37.61

49.08 49.08-1,098.37 103.01 -995.36

-0.40 7.32 6.92-19.21 -19.21

38.00 -9.89 28.11-0.77 -1.51 -2.28

1,404.36 -159.02 1,245.34-1.86 -1.86

27,430.37

10The company is engaged primarily in the business of plastic modules which constitute single reporting segment Accordingly, thecompany is a single segment company in accordance with Indian Accounting Standard 108" Operating Segment".

11 Figures have been re-grouped I re- arranged wherever considered necessary.

The results would be uploaded and available for viewing on the Company's website at www.kkalpanagroup.com and on the websiteof Bombay Stock Exchange Limited.12

Place: Kolkata

Date: 30th May, 2018

For Kkalpana Industries (India) Ltd~~--Rajesh Kothari (DIN: 02168932)Whole Time Director

Regd. Office: 2B, Pretoria Street, Kolkata - 700071Tel. : +91-33-2282 3744/45/3671/99, Fax: +91-33-2282 3739, E-mail: [email protected]



CIN : L19202WB 1985PLC039431

Kkalpana Industries(lndia) limitedStatement of Assets & liabilities

(Rs in Lacs)CONSOLIDATED

Particulars As at 31-03-2018 As at 31-03-2017(Audited) (Audited)

ASSETS1. Non-current assetsProperty, Plant and Equipment 23,316.93 21,121.61Capital work-in-progress 410.14 1,401.00

Investment Property 1,281.68 1,281.68Goodwill 49.60 49.60Intangible assets 22.29 20.69Financial AssetsInvestments 239.04 234.71LoansOther Financial Assets 271.24 697.27Other Non - Current Assets 453.65 178.36Total Non-Current Assets 26,044.57 24,984.94Current AssetsInventories 15,910.87 17,356.32Financial AssetsTrade receivables 32,968.15 33,975.34Cash and cash equivalents 1,697.51 1,581.77Loans 0.00 -Other Financial Assets 357.36 268.72Other current assets· 6,525.39 4,071.68Total Current Assets 57,459.27 57,253.83Total Assets 83,503.84 82,238.77

EQUITY AND LIABILITIESEquityEquity Share capital 1,881.46 1,881.46Other Equity 27,576.96 25,550.77

, 29,458.42 27,432.23Non-Controlling Interest (19.32) (1.86)

Total Equity 29,439.10 27,430.37

LIABILITIES ;I~"'\Non-current liabilities ~.... -- •... --

Financial liabilities ~ ~~ "- '<~.


Mumbai Office: 106, laxmi Plaza, laxmi Industrial Estate, New link Road, Andheri (West), Mumbai - 400 053, IndiaIel.: +91-22-67021470/71/72, Fax: +91-22-6702 1473 E-mail: [email protected]


'"

CIN : L19202WB 1985PlC039431

Borrowings 6,488.50 6,650.94Provisions 93.98 54.41Deferred tax liabilities (Net) 3,000.31 2,445.97Total Non Current Liabilities 9,582.80 9,151.32Current liabilitiesFinancial LiabilitiesBorrowings 14,441.10 26,583.76Trade payables 26,733.13 14,731.12Other Financial Liabilities 2,528.50 3,157.02Other current liabilities 76.27 311.84Provisions 88.96 167.97Current Tax Liabilities (Net) 613.98 705.37Total Current Liabilities 44,481.94 45,657.08Total Liabilities 54,064.74 54,808.40Total Equity and Liabilities 83,503.84 82,238.77

h J.. KJ(0lf 0fI (;l ~ t\J...I.otv'eJ) l14~ -~~eo~ Voi-\'<W, c. t>1't3; 011b~Cj3~\Mhok ,\\vf\~ ~N: th>-




CIN : l19202WB 1985PlC039431

B. Mukherjee.S Co.Chartered Accountants

30B, Ramkamal StreetKolkata-700 023Ph. : 2455-4888, 2459-6310Fax: (033) 2455-4888, 2455-3601E-mail: [email protected]

[email protected] Branch Office:28A, Subarban School RoadKolkata-700 025Other Branch Offices:Siliguri * Berhampore * Guwahati * Patna

Annexure VlI

When an Unmodified Opinion is expressed on the Quarterly Financial Results

Auditor's Report on Quarterly Financial Results and Year to Date Results of the Company PursuantTo the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations,

2015ToThe Board of Directors of MIs Kkalpana Industries (India) Limited

We have audited the quarterly financial results of M/sKkalpana Industries (India) limited for thequarter endedst" March, 2018 and the year .to date results for the periodf" April, 2017to 31st

March, 2018 attached herewith, being submitted by the company pursuant to the requirements ofRegulation 33 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015.These quarterly financial results as well as the year to date financial results have been prepared onthe basis of interim financial statements, which are the responsibility of the company'smanagement. Our responsibility is to express an opinion on these financial results based on ouraudit of such interim financial statements, which have been prepared in accordance with therecognition and measurements principles laid down in Accounting Standard for Interim FinancialReporting(AS 25/ Ind AS 34), issued pursuant to the companies (Accounting Standards) Rules, 2006and prescribed, underSection 133 of the Companies Act, 2013 read with relevant rules issuedthereunder; or by the Institute of Chartered Accountants of India, as applicable and other accountingprinciples generally accepted In India.

We conducted our audit in accordance with the auditing standards generally accepted in India.Those standards require that we plan and perform the audit to obtain reasonable assurance aboutwhether the financial results are free of material misstatements(s). An audit includes examining, ona test basis, evidence supporting the amounts disclosed as financial results. An audit also includesassessing the accounting principles used and significant estimates made by management. Webelieve that our audit provides a reasonable basis for our opinion.

In our opinion and to the best of our information and according to the explanations given to us thesequarterly financial results as well as the year to date results:

(i) Are presented in accordance with the requirements of Regulation 33 of the SEBI (ListingObligations and Disclosure Requirements), Regulations, 2015in this regard; and

(ii) Give a true and fair view of the net profit/loss and other financial information for thequarter ended 31't March, 2018 as well as the year to date results for the periodtromor" April, 2017 t031't March, 2018.

B. Mukherjee & Co.Chartered Accountants

. M(~refiJ~~PARTNER L..-.4--

(M. No. 002941)

Further, we also report that we have, on the basis of the books of account and other records andinformation and explanations given to us by the management, also verified the number of shares aswell as percentage of shareholdings in respect of aggregate amount of public shareholdings, asfurnished by the company in terms of Regulation 31 of the SEBI (Listing Obligations and Disclosure

Requirements) Regulation, 2015 and found the same to be correct.

Place of signature: KolkataDate: 30.05.2018

For 8. MUKHERJEE & CO.CHARTERED ACCOUNTANTS

F.R. o.302096E

r!1B. Mukherjee & Co.V~ Chartered Accountants

30B, Ramkam I SKolkata-700 0~3 treetPh. : 2455-4888 24Pax: (033) 2455-4 59-6310E-mail. bmukh . 888, 2455-3601

. erJeec@rediff'bmukherjeeco@ "!1all.com

Kolkata Branch Office ~ma\l.com28A, Subarban School RoadKOlkata-700 025Ot~erBranch Offices:Siligun* Berhampore * Guwahat' p

1 .• atna

Auditor's Report on Quarterly Consolidated Financial Results and Consolidated Year to Date Resultsof the Company Pursuant to the Regulation 33 of the SEBI(Listing Obligations and Disclosure

Requirements), Regulations, 201SToTheBoard of Directors ofM/s Kkalpana Industries (India) Limited

We have audited the quarterly consolidated financial results of M/sKkalpana Industries (India)Limitedfor the quarter endedsa" March, 2018 and the consolidated year to date results for theperiodt" April, ZOl7to 31st March, 2018 attached herewith, being submitted by the companypursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and DisclosureRequirements), Regulations, 201S.These consolidated quarterly financial results as well as theconsolidated year to date financial results have been prepared on the basis of consolidated interimfinancial statements, which are the responsibility of the company's management. Our responsibilityis to express an opinion on these consolidated financial results based on our audit of suchconsolidated interim financial statements, whlch have been prepared in accordance with therecognition and measurements principles laid down in Accounting Standard for Interim FinancialReporting(AS 25/ Ind AS 34) mandated underSection 133 of the Companies Act, 2013 read withrelevant rules issued thereunder; or by the Institute of Chartered Accountants of India, as applicableand other accounting principles generally accepted In India.

We conducted our audit in accordance with the auditing standards generally accepted in India.Thosestandards require that we plan and perform the audit to obtain reasonable assurance aboutwhether the financial results are free of material misstatements(s). An audit includes examining, ona test basis, evidence supporting the amounts disclosed as financial results. An audit also includesassessingthe accounting principles used and significant estimates made by management. Webelieve that our audit provides a reasonable basisfor our opinion.

We did not audit the financial statements of l(One)subsidiary included in the consolidated quarterlyfinancial results and consolidated year to date results, whose consolidated interim financialstatements reflect total assets of Rs.1,558 lacs (P.Y. Rs.58.87 lacs) as at 31st March, 2018and totalrevenue of Rs. 708.24 Lacs (P.Y. Rs.NIL)as at 31st March, 2018. These interim financial statementsand other financial information have been audited by other auditors whose report has beenfurnished to us, and our opinion on the quarterly financial results and the year to date results to theextent they have been derived from such interim financial statement is based solely on the report ofsuch auditor.

.1

B COntinuation Sheel

·Mukherjee & Co.Chartered ACCountants

In our opinion and to the best of our information and according to the explanations given to us thesequarterly financial results as well as the year to date results:

(i) Are presented in accordance with the requirements of Regulation 33 ofthe SEBI (listingObligations and Disclosure Requirements), Regulations, 2015in this regard; and

(ii) Give a true and fair view of the net profit/loss and other financial information for thequarter ended 31st March, 2018 as well as the year to date results for the periodfrornm" April, 2017 t031st March, 2018.

Further, we also report that we have, on the basis of the books of account and other records andinformation and explanations given to us by the management, also verified the number of shares aswell as percentage of shareholdings in respect of aggregate amount of public shareholdings, asfurnished by the company in terms of Regulation 31 of the SEBI (listing Obligations and DisclosureRequirements) Regulation, 2015 and found the same to be correct.

Place of signature: KolkataDate: 30.05.2018

ForB. MUKHERJEE &CO.CHARTERE CCOUNTANTS~-- •....N . 02096E

B. K~""~='"PART~~t!~~

(M. No. 002941) .

Date: so" May, 2018

To,The Manager,Listing Department,Bombay Stock Exchange Limited (Designated Stock Exchange),PJTowers, Dalal Street,Mumbai - 400 001. Fax: 022 - 2272 3121/2037/39/41/61/1072

DECLARATION

Ref: Regulation 33(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 -Declaration in respect of Audit Reports with unmodified opinion for the financial year ended 31st

March, 2018.

Dear Sirs

Pursuant to SEBI Circular No. CIR/CFD/CMD/56/2016 dated May 27, 2016; we hereby declare that

the Audited Financial Results (Standalone and Consolidated) of Kkalpana Industries (India) Limited

for the quarter and financial year ended 31st March, 2018 express an Unmodified Opinion.

\lA~--Rajesh Kothari (DIN: 02168932)Whole Time Director

Thanking You,

Yours faithfully,

For B. Mukherjee & Co.Chartered Accou nts

~O:302096E ,~'

B.~PartnerM. No. 002941

For Kkalpana Industries (India) Limited

CC:1. The Calcutta Stock Exchange Limited, 7 Lyons Range, Kolkata-700 001.




CIN : 119202WB 1985PLC039431

Documents

LimiteJ; · (~) LimiteJ; A copy of Statement of Standalone and Consolidated Audited Results along with Auditors Report and Declaration from statutory auditor of unmodified report