anil s. shah co. shah anil krunal a. shah com. · anil s. shah & co. anil s. shah krunal a....
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Anil S. Shah & Co. Anil S. Shah Krunal A. ShahF.CA, B. Com. F.C.A, B. Com.
Chattered Accountants
Auditor's Report on Half yearly Financial Results and Year to Date Results of the CompanyPursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
To
Board of Directors,Vishal Fabrics Limited
We have audited the half yearly financial results of Vishal Fabrics Limited for the half year ended 31't March,
2016 and the year to date results for the period 0l-'t April, 2015 to 31't March, 2016, attached herewith, being
submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 201.5. These half yearly financial results as well as the year to date
financial results have been prepared on the basis of the interim financial statements, which are theresponsibility of the Company's management. Our responsibility is to express an opinion on these financial
results based on our audit of such interim financial statements, which have been preparred,in accordance withthe recognition and measurement principles laid down in Accounting Standard for lnterimiFinancial Reporting(AS 25), prescribed under Section 133 of the Companies Act, 2013 read with relevant ruleslssutd there under
andotheraccountingprinciplesgenerallyacceptedinlndia'
We conducted our audit in accordance with the auditing standards generally accepted in lndia. Those standards
require that we plan and perform the audit to obtain reasonable assurance about whether the financial results
are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting theamounts disclosed as financial results. An audit also includes assessing the accounting principles used and
significant estimates made by management. We believe that our audit provides a reasonable basis for our
opinion,
ln our opinion and to the best of our information and according to the explanations given to us these half yearly
financial results as well as the year to date results:
are presented In accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 in this regard; and i
give a true and fair view of the net profit and other financial information for the half year ended 31't
March, 2016 as well as the yeir to date results for the period from OL't April, 2015 to 31't March, 2016.
For M/s. Anil S. Shah & Co.
Chartered Accountants
Firm Registration No.: 100474W
Membership No. 115801
Place: Ahmedabad
Date: 23'd May,2016
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302, Shailly Complex, Opp. Loha Bhawan, Old High Court Road, Nawangpura, Ahmedabad-380009.
Ph. : 079-27 S4ll46,E-mail : [email protected], [email protected]
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ffi'ry ffiVISHAL FABRICS TIMITED
AUDITED FINANCIAL RESULTS FOR THE HALF YEAR AND YEAR ENDED ON 31.03.2016
tn
Sr.
No.
Particu Iars
Half Year Ended For the Year Ended
31.03.2016Audited
30.09.201sUnaudited
31.03.2015Audited
31.03.2016Audited
31.03.2015Audited
1
2
3
4
5
6
7
8
9
10
IL
L2
x314
t5
16
llncome from operations
l(a) trtet sales/income from operations
l1b1 Other operating income
lTotal income from operations (net)I
I Expenses
l(a) Cost of materials consumed
J(b) Purchases of stock-in-trade
| {.) Ct rn8.r in inventories of finished goods,
I work-in-progressandstock-in-trade
l(d) rmntovee benefits expense
l(e) Depreciation and amortisation expense
| (f) Other expenses
lTotrl "*p"ns",lprofit / (t-oss) from operations before otherincome, finance costs and exceptional items (1-2)Other income
Profit / (Loss) from ordinary activitiesbefore finance costs and exceptional items (3 + 4)
Finance costs
Profit / (Loss) from ordinary activities afterfinance costs but before exceptional items (5 - 5)
Exceptional items
Profit / (t oss) from ordinary activitiesbefore tax (7 + 8)
Tax expense
Net Profit / ([oss) from ordinary activitiesafter tax (9 - 101
Extraordinary itemsNet Profit / (Loss) for the period (11 + 12)
Paid-up equity share capital(Face Value : Rs. 10/- each)
Reserve excluding Revaluation Reserves as
per balance sheet of previous accounting year
Earnings per share (EPS)
(a) Basic and Diluted EPS before Extraordinary items (Face
Value of Rs. 10/- each) (not to be annualized)
(b) Basic and Diluted EPS after Extraordinary items (Face Value
of Rs. 10/- each) (not to be annualized)
15888.1s 11469.65 LL799.A2 27351.a0 22362 .55
15,888.15 7L,469.65 71,799.82 27,3s7.80 22,362.6s
tt248.tI333.46
(73.10)
1975.33
165.18
1047.50
6,969.78
907.19
(47.46],
1,498.09
778.76
898.08
7,774.02
769.04
(131.44)
1,653.94
l32.o7l846.2s
t8,2Lt.891.,240.65
(120.s6)
3,473.42
343.94
1,945.58
14,974.86
7,247.OO
(6s.13)
2,7L5.2L
305.85
7,673.6374,696.48 70.404.44 10,879.74 25,100.92 20,851.42
7,r91.67
29.s0
1,221.77
t92.26
1,028.91
1.31
1030.23
318.s5
117.68
71r.68
7,377.40
s.401
4015.
1,065.20
0.95
1,066.15
375.42
750.13
750.73
36.23
714.50
7L4.50
L,37t.40
5.42
5.42
920.08
1.2.27
932.35
260.73
671.62
(0.0s)
677.57
51.38
620.1.9
620.19
1.,377.40
4.71
4.71
2,256.88
30.45
2,287.33
507.68
7,779.65
1.31
7780.97
354.78
1426.79
1.426.1.9
1",31.7.40
7020.49
10.83
10.83
7,517.23
1?.27
1,523.50
531.83
997.67
o.42
992.09
58.43
933.6s
(0.0s)
933.60
7,317.40
5594.31
7.09
7.09
Corporate Office:Chiripal House, Near ShivranjaniCross Roads, Satellite, Ahmedabad-380015, Gujarat,lndia.Ph :079-267346601213 Fax : 079-26768656Email : [email protected] : wvwv.chiripalgroup.com
Vishal Fabrics Limited(Formely known as Vishal Fabrics Private Limited )
(ClN: L1 71 1 OGJ1 985P1C008206)
MANAGING OIRECTOR
Plant & Registered office :
Ranipur, Narol Road, Ahmedabad-382405, Gujarat, lndia.Ph : 079-25353977178179180 Fax : 079-25353981
Email : cs.vfl@chiripalgroup"comWeb : wvwv.vishalfabricsltd.com
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Notes :
1 The above Audited Financial Results were reviewed by the Audit Committee and approved by the Board ofDirectors at their meeting held on 23rd May, 2016.
2 The Company has only one segment of activity namely Textile.3 Figures for the previous periods / year have been regrouped, recast and rearranged, wherever necessary.4 The status of lnvestor's Compliants during the half year ended on 31st March, 2016 is as under:
Particulars No. of Complaints
Pending at the beginning of above period Nil
Received durine the above period Nil
Disposed off during the above period Nil
Remaining unresolved as at the end of the above period NiI
For and on behalf of Board of Dlreitorsv d"fDftP"\y
Place : Ahmedabad
Date : 23rd May,2016Jyotiprasad D. Chiripal
Managing Director(D1Nr 00155595)
Vishal Fabrics Limited(Formely known as Vishal Fabrics Private Limited )
(ClN: Ll 711 OGJ1 985P1C008206)
Corporate Office: Plant & Registered office :
Chiripal House, Near Shivranjani Ranipur, Narol Road, Ahmedabad-382405, Gujarat, lndia.Cross Roads, Satellite, Ahmedabad-380015, Gujarat,lndia. Ph : 079-25353977178179180 Fax : 079-25353981Ph:079-267346601213 Fax : 079-26768656 Email : [email protected] : [email protected] Web :www.vishalfabricsltd.comWeb : www.chiripalgroup.com
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VISHAL FABRICS LIMITED
STATEMENT OF ASSETS AND LIABITITIES
Jyotiprasad Chiripal
Managing Director
(OlN:00155595)Vishal Fabrics Limited
(Formely known as Vishal Fabrics Private Limited )
For and on behalf of Board of
A^ L'*- F(t->'\*,-'Place:Ahmedabad
Date : 23rd May,2016
Corporate Office:Chiripal House, Near ShivranjaniCross Roads, Satellite, Ahmedabad-380015, Gujarat,lndia.Ph :079-267346601213 Fax : 079-26768656Email : [email protected] : www.chiripalgroup.com
Plant & Registered office :
Ranipur, Narol Road, Ahmedabad-382405, Gujarat, lndia.Ph : 079-25353977178179180 Fax : 079-25353981
Email : [email protected] : www.vishalfabricsltd.com
EQUITY AND LIABILITIES
Shareholders' funds(a) Share Capital
691.1..7t
application pending allotment
) Deferred Tax liabilities (net)(c) Other Long term liabilities(d) Long term provisions
Current Liabilities
(a) Short term borrowings(b) Trade Payables
(c) Other current liabilities
2189.54
2484.3r
286.31
379.06
2631.85
1983.89
565.94
130.68
TOTAL. EQUITY AND TIABILITIES
a) Fixed -assets
i) Tangible assets
ii) lntangible assets
(ii) Capital work in progess
(b) Non current lnvestment(c) Deferred tax assets (Net)
(d) Long term Loans and advances
Other Non current assets
462.97
70.24
LL3.66
1564,36
64.65
lnventories
Trade Receivables
Cash and Cash Equivalents
) Short term loans and advances
(e) Other current assets
1316.68
6084.13
148.35
(ClN: Ll 71 1 OGJ1 985P1C008206)