CEM TECH - CHEMTECH (2) ISO 9001-2015 CERTIFIED COMPANY

Date: 10" November, 2021

To,

BSE Limited

P. J. Towers,

Dalal Street,

Mumbai-400 001

Sub: Outcome of Meeting of Board of Directors

Scrip Code: 537326 (Chemtech Industrial Valves Limited)

Respected Sir(s),

This is to inform you that pursuant to Regulation 30 and any other Regulations of SEBI (Listing Obligation and

Disclosure Requirement) Regulation, 2015 the meeting of the Board of Directors of Chemtech Industrial Valves

Limited (“Company”) is held today i.e. on Wednesday, 10" November, 2021. The meeting commenced at 03:00

p.m. and concluded at 03:30 p.m. The Board of Directors in the meeting undertook following matter:

1. Considered and approved the Un-audited Financial Results (Standalone) along with Limited Review

Report for the quarter and half year ended 30" September, 2021;

2. Considered and approved Related Party Transactions entered into by the Company on half yearly basis.

Further in pursuance to Regulation 47(1)(b) of SEBI (Listing Obligations and Disclosure Requirements) Regulations,

2015, the Un-audited Financial Results (Standalone) along with Limited Review Report will be published in the

English newspaper and regional language newspaper.

Further we enclose herewith the following documents:

1. Un-audited Financial Results (Standalone) along with Limited Review Report for the quarter and half year

ended 30" September, 2021;

2. Limited Review report of the Statutory Auditor of the Company for the said period.

Kindly take the above intimation on your records.

Thanking you,

Yours faithfully,

For, Chemtech Industrial Valves Limgtes

Deepali Gupta

Correspondence & Admin Office : 503, Sunrise Business Park, Plot No. B-68, Road No. 16, Near Kisan Nagar-2, Wagle Industrial Estate Thane (W), (Mumbai) 400 604. Tel : 022 25839500 / 25838220, Email : marketing@chemtechvalves.com Website : www.chemtechvalves com

Works : Plot No.37, Kondala Road, Opp. Essel Propack, Near Multi Steel, Post. Vadavali, Tal. Wada, Dist. Palghar-421312. Tel.: +91 9223300521 Registered Office : 105, Hiranandani Industrial Estate, Opp. Kanjurmarg Railway Station, Kanjurmarg (W), Mumbai - 400 078. CIN No : L29299MH1997PLC 105108 Registered Small Enterprise vide Udyam Registration No : UDYAM-MH-33-0007934 GSTIN : 27AAACC5866H1Z1

CHEMTECH INDUSTRIAL VALVES LTD. ISO 9001-2015 CERTIRED COMPANY

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Correspondence & Admin Office 503, Sunrise Business Pal1\, Plot No. 9-68, Road No. 16, Near K1san Nagar·2, Wagle Industrial Estat.e, Thane (W), (MumbaQ 400 604. Tel : 022 25839500 J 25838220, Email : marketing@r,hemteclwalves com Website : I'tWWchemtechvalves.com Works : Plot No.37, Kondala Road, Opp. Essel Propack, Near Multi St.eel. Posl VadavaJi, Tal. Wads, DIS!. Palghar-421312. Tel. : +91 9223300521 Registered Office : 105, Hiranandani Industrial Estate, Opp. KanJurmarg Railway Sta1lon, KanJuIlTlarg (W), Mumbal -400 078. CIN No: L29299MH1997PLC105108 Reglslered Small Enterprise wJe Udyam Reglstrabon 0: UDYAM·MH-33-(JOO7934 GSTlN : 27AAACC5866H1Zl

CHEMTECH INDUSTRIAL VALVES LTD. ISO 9001-2 n:> 'f"'r<"r,,,,u

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Statement or Assets and ~iabillde5

Particulars

1 tAssets (al ~ Plantand (b) C:lpiCII (e) [d) , Assets

. A ......

- Non Current • Trad~ · Loans and

· Other Non Current (f] 'Non ,Assets rN&l ,", lOth .... Non-Cuo. ~IlLA..<.b

TOTAL NON CURRENT ASSITS 2

raJ lb) I Flnandalll5sets

· - Trade · CuJundcasb · Other Bank Balances • Loans · Olber I Assets

. CIIrrent Assets TOTAl • ASSETS

TOTAL ASSlITS

B IEOUITV ANDLIABILmES 1 1EQuilY

(allEaulrv Share CaDital n

TOTAL EO IITIY

(b) (ell Deferred Tax . (dll Other Non Cu.rrent

TOTAlNON' rBl

_(aj 'FinaDclall

(b' (e)

· • Trade Pa.""hl ...

• Other Current 1

ITax • (Net)

, IJABILITIES

TOTAL r UABILmES TOTAL

TOTAL .EOHnu~ .Nn 1 .'AR" .mF~

IOate: 1011.2021 I Place:rhane

For.

CHEMTECH

Amount In lacs.

As"t

1.189.U 28.67

3.04

23

1

lnli7-- , 411 .. t,..,

220.32

356.44

·In:66 5.61

273.99

1.148.73 (268.9.1 879.79

lOOl~48

2.23 15.32 58.73

1.05

274.60 195.74

20.16 71.86

1.91

570.27

2.528.8'1

A.at ~, no ?t\?

,

3,64

is 21 '9

.17 1 17

661 1.497.38

515.72

238.78 11R~ <:(1

1.1.49.73 (177.Q01

970.84

1.072.62 2.65

15.32 /\(IA1

LOS "C?A."

m:s7 169.90 93.27

1.91

Correspondence & Admin Office : 503, Sunrise Business Park, Plot ~o. B·68, Road No. 16. Near Klsan Nagar·2, Wagle Industrial Eslate, Thane (W). ( umbai) 400 604. Tel : 022 5839500 I 5838220, Email : markell g@('.hAmtA('.hval~ .com Website : www.chemlec/walves.com Works ; Plot No.37, Kondala Road, Opp. Essel Prepack. Near Multi Steel, Post Vadavali, Tal. Wada. Dlsl. Palghar421312. Tel.; +91 9223300521 Registered Office: 105, Hiranandani Indusltial Estate, Opp. Kanjunnarg Railway Station, KanJunnarg (W), Mumbai -400078. CIN No: L29299MH1997PLC105108 Reg' tered Smafi Enterprise 'nde Udyam RegistraUon No ' UDYAM·MH·33-OOO7934 GSnN: 27AAACC,5866H1ZI

CHEMTECH INDUSTRIAL VALVES LTD. ISO 9001-2015 CERTIFIED COMPANY

CHEM TECH

Un·audited Sement wise Revenue. Results and Capital Employed for Qua.rter Ended as on 30th September. 2021

Sr. No

1 a. b c. d. a.

2

a. b. c. d, b.

3

a. b. c. d

Particulars

Segment Revenue Manufacturing iIrlrllPII OfSt991 'AliA P.od I'roied ~a les

Unallocated Total Less : Inter Segment Revenue Net Income from Operations Segment Results p ront 1 (Loss) before tax and interest from each segment Manufacruring Trading of Steel Wire Rod Project Sales Unallocated Total l.ess : Finance Cost

Other Una llocable Expenditure Net Off

Unallocable Income Total Profi t/(Loss) before Tax IrA·B) Capital Employed (Segmmt assels - Segment 1i1lbUities) Manufacturing TradiDll' or Steel Wire Rod Project Sales Unal located Total

Date: 10/11/2021 Place: Thane

Quarter Ended

30.09.2021 30.06.2021 (UnaudJted) (Unaudited)

254.68 199.41 n.nn n,nn

0,00 0.0.0. 2.34 0.74

257.02 200.15 0.00 0.00

257.02 200.15

29.07 20.84 0.00 0.00 0,00 0.00

-32.20 -42.56 -3.13 -21.12 36.62 31.66

0.00 0.00

0.00 0.,00

·39.75 -53.38

817.87 919.85 0.00 0.00. 3.04 -1.71

'1.12 0.56 879.79 918.71

30..0.9.20.20 (Unaudited)

286.36 n nn

10,04 4,0.8

300.50 0..00.

300.50

80,92 0.00

·0..39 -42.61 37.92: 33.84

0.00

0.00

4.08

512.69 0.00

103.52 291,07

907.28

Six Month Ended Previous Year Ended

30.09.2021 30.0.9.2020 31.03.2021 [Unaudited} [Unaudltedl (Audited)

+54.10 !'iRO.OI\ , ~flSS7 0.,00. u.uo n,oo 0,00 10.,04 19,77 3.08 6.52 20..15

457.17 596.62 1405.50 0.00

457.17 596.62 1405.50

49.92 125.58 332.33 0.00 0,00 0.00 0.00 ·0,39 2..48

·74.77 -51,82 -133,45 -24.85 73.37 201.35

68,28 62,35 135.67

0.00 0,00 0,00

0.00 0.0.0 0..00

·93.14 11.01 65.7

877.87 512.69 872.62 0.00 0.00 0,00 3.04 103.52 ·2,75

·1.12 291.07 100,97 879.79 907,28 970.84

(Managing Directorf""'::::""'::;';~

DIN: 00676715

Correspondence & Admin Office : 503. Sunnse Business Park, Plot No. 8-68, Road No, 16, Near Kisan Nagar·2, Wagle Industrial Estate, Thane (WI, {Mumbail 400 604. Tel : 022 25839500 I 25838220, Email ; marketing@chemtechvalves,com Website : www.chemtechvalves,com Works : Plot No.37, Kondala Road, Opp. Essel Propack, Near Multi Sleel, Post. Vadavall, Tal, Wada, Dis!. Palghar4 21312. Tel. : +91 9223300521 Registered Office : 105, Hiranandani Industrial Estale, Opp, Kanjurmarg Railway Station. KanJurmarg (W), Mumbai· 400 078. CIN No : L29299MH1997PLC10510a Regis et1!d Small Enlerprise vide Udyam Registra on No : UDYAM-MH-3~OO7934 GSllN : 27AAACC5B66H1Z1

CHEMTECH INDUSTRIAL VALVES LTD. CEl£MTgH INDUSTRIAL VALVES LlMJTED CHEMTECH ISO 9001-2015 CERTIFIED COM&>&fIINI!tm.C .. h JilcJw blt~lDt"IIl [or Six mo.lh ... dedo.JI1tb Seolemll<r2()21

.artieall.n Fordlcslxmalllil Fir tbe six monib Endtd DIl30t11 [Jlded oa JOth s<:ptemborlOll '",,!ember 2010

A. C .. t n"", from o ..... d." actlvll.1<o Net Profit I (Lass) 11«0'" laX (93. 14 1I.0J

IAd ' tJ<Iments foc Dmn:cI.tioo IDII amortiDlion 49.67 49.23 FiIwIte COAl 6&.28 62.35 ProvisiOll ror o..tuitv -Profil on sale of"lKbinav 0.07 ForeillJ] ExthanRe FlUC1uatioo

ImtfCSI R"";vcd (033 (3..171 Dividend income -Loa. J>nxelJin. Fcc

O""",,in~ Profil bdo .. Warldll. unital 9 In ... U.4JC 119.10 Adiuttd fon

In'itntorics 39. 14 104.02 Tnde reooivables 147.10 ( 10.93 Long Term I.oons & A""""""" (0.25 (0.04 Ot~ Non<utr'eI\t An.eI.J (659 19.13 S1>on....,nn IOIILIlDllldvances ( 122.36 (46. 16 Other CWTCI1I a$SI:ts (40.85 12 16 Loa!!. Term Provislon Other Hoa-aumI, Uabilitv S1>on T trm Ptovi,ion . TflIde ""\...,1",, (9726) (3.64) Other CUlmlt Iiahllities (165.16 21.81

Cash C.nenoltod rrom 00"",110'" 1111.761 215.45

Tu"""" d . INti Culo C ... tnled fro. O ..... rioal (221.761 215.45 8. CUll now fro_ l .. ts!II2IelMt'" Purd!ase of Fixed....,., (17.94 (7.67 Sale affixed assets 0.78 InICIe. l Rctch'Od 0.33 3..17 Dividend .... cived INcleuIJ_ ia lavCltiu .<th';t"': (17.60 (3.3% C. c..~ n ... (rom fjlluclJl! a~tirili .. Pnx:....Is rrom 1~1Clm bortowinltS (net 01 ,,""''''''enll 171.15 127.03 I!rocecds from (ljhet shon·~ borrowings 274.60 141 .76 Finan~OO$l 168.13 162 )5 0Iher FioandaJ Uobiliti .. ""lEt au. _sr:d I. fi ••• cini': .nlvltles 13S.18 u..'1 N .. lnc.-/(dcefta •• lln Cuh •• d e&!h eq"ui-..lenU IA+B+Cl .1104.18 13S.04

uh.ad .. ,b OIIuivllcnu II lb. '-innlnp Dr lb. ,car 158.33 120.94 IrUb lad &:lIb ..,ul.llenulllb. end orthe .ear S4.U 35$.98

e,l Cash ill Hand 22 70 20.$0 Iii! Bal.".,.. .,jlh Bonks 31.45 33S.48

TOTAl. 501.15 335.98 NOIC't. I) The Cosh Flow 51a_nt his becm prt'IlIII'ed under the 'IndirNl Method' IS 0<1 OUI in lhe lnd A 7" blle.-enlor .. h Flo .. " .nd notified ,n ComponJa (lCleountina Nn<tt.rds) rul..,2006 (15 nmcndcd )

As per 011" rq>O<t or CVC\I dale.

Correspondence & Admin Office 503, SUlnse Business Park, Pict No. B.£8, Road No. 16, Near Kisan Nagar-2, Wagle Industrial Estate, Thane (W), jMumbalJ 400 604. Tel : 022 25839500 I 25838220, Email : marketing@chemlechvalves.com Website : WWI'I.chemtechvalves.com WDlb : Plot No.37. Kondala Road. Opp. Essel Prepack, Near Multi Steel, Post. Vadavall, Tal. Wada, Dist. Palghar-421312. Tel .: +91 9223300521 Registered Office: 105, Hlranandanllnduslrial Estate, Opp. Kanjurmarg Railway Station. KanJurmarg (W), Mumbai· 400 078. CIN No : 129299MHl997PLC105108 Registered Small Enterprise vide Udyam RegistJation No . UDYAM-MH·33-0007934 GSn : 27 AAACC5866H1l1

Raju and Prasad Chartered Accountants

Limited Review Report on Quarterly Financial Results of the Company Pursuant to the

Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,

2015

TO THE BOARD OF DIRECTORS OF

CHEMTECH INDUSTRIAL VALVES LIMITED

1. We have reviewed the accompanying statement of unaudited financial results

of CHEMTECH INDUSTRIAL VALVES LIMITED for the period ended 30th September,

2021, being submitted by the company pursuant to the requirements of regulations 33

of the SEBI [Listing Obligations and disclosure requirements) Regulations, 2015, as

amended [the "Listing Regulations").

2. This statement is the responsibility of the Company's Management and has been

approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34,

(Ind AS 34) "Interim Financial Reporting” prescribed under Sectiori33 of the Companies

Act 2013 as amended, read with relevant rules issued thereunder and other accounting

principles generally accepted in India.

Our responsibility is to express a conclusion on the Statement based on our review.

3. We conducted our review of the Statement in accordance with the 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 financial statements are free of material misstatement. A review is limited primarily to inquiries of company

personnel and analytical procedures applied to financial data and thus provides less

assurance than an audit. We have not performed an audit and accordingly, we do not

express an audit opinion.

4. Based on our review conducted as above, nothing has come to our attention that causes

us to believe that the accompanying statement of unaudited financial results prepared in

accordance with applicable accounting standards and other recognized accounting

practices and policies has not disclosed the information required to be disclosed in

terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015 including the manner in which it is to be disclosed, or that it contains

any material misstatement. For, Raju & Prasad Charté AuNntants

FRN: 0034 yf ‘ 788 MUMBAI

. RN :

nis Avinash T. Jain

(Partner) Membership Number: 041689

UDIN: 21041689AAABM08228

Place: Mumbai

Date: 10/11/2021

511, The Corporate Centre, Nirmal Lifestyle Mall, LBS Rd, Mulund (W), Mumbai- 400080 ; Office: 2567 1155/99

Mobile: 9324087338 ; Website: www.rajuandprasad.com ; Email: mumbai@rajuandprasad.com

HEAD OFFICE: Hyderabad BRANCHES: New Delhi | Bengaluru | Jalgaon | Tirupati