5/28/2016 Essar_ March16_HTML Report.html

General information about company

Scrip code 531502

Name of company Esaar (India) Limited

Result Type Main Format

Class of security Equity

Date of start of financial year 01-04-2015

Date of end of financial year 31-03-2016

Date of board meeting when results were approved 28-05-2016

Date on which prior intimation of the meeting for considering financial results was infbrmed to the exchange 18-05-2016

Description of presentation currency INR

Level of rounding used in financial results Lakhs

Reporting Quarter Yearly

Nature of report standalone or consolidated Standalone

Whether results are audited or unaudited Audited

Segment Reporting Multi segment

Description of single segment

For ESAAR (INDIA) 1.1.N:!7-7..L.

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Director lAuthc;seci Signat

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Quarterly & Half Yearly Financial Result by Companies Other than Banks

Particulars 3 months

ended (dd- mm-YYYY)

Previous 3 months

ended (dd- mm-YYYY)

Corresponding 3 months ended in the previous year \cid-

mm -YYYY)

Year to date figures for current period ended (dd-

mm-YYYY)

Year to date figures for

previous period ended (dd-mm-

YYYY)

Previous accounting year ended (dd-mm-

YYYY)

A Date of start of reporting period

01-01- 2016

01-10-2015 01-01-2015 01-04-2015 01-04-2014 01-04-2014

I3 Date of end of reporting

period 31-03- 2016

31-12-2015 31-03-2015 31-03-2016 31-03-2015 31-03-2015

C Whether results are

audited or unaudited Audited Unaudited Audited Audited Audited Audited

I) Nature of report

standalone or consolidated

Standalone Standalone Standalone Standalone Standalone Standalone

Part I

1 Revenue From Operations

Net sales or Revenue from Operations

120.616 254.9 120.07 408.770 871.49 871.49

Other operating revenues

0 0 0 0 0 0

Total Revenue from operations (net)

120.616 254.9 126.07 408.776 871.49 871.49

2 Expenses

(a) Cost of materials

consumed 0 0 0 0 0 0

(b) Purchases of stock-in-

trade 147.242 58.74 0 360.302 24.11 24.11

(c)

Changes in inventories of finished goods,

work-in-progress and stock-in-trade

8 . 095 18.73 477.27 57.135 1132.29 1132.29

(d)

Employee benefit expense

3 3.39 1 - .

2.15 1.97 10.411 11.18 1 1.18

(c) Depreciation and amortisation expense

0 0 -0.12 0 -0.07 _0.07

(t) Other Expenses

1 Other Expenses 5.474 5.45 58.83 14.862 14.87 14.87

2 Provision 168.26 0 0 172.144 0 0

Total other expenses 173.734 5.45 58.83 187.006 14.87 14.87

Total expenses 332.462 85.07 537.95 614.854 1182.38 1182.38

AR INDIA) LIM 1'

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Direct - I Authorised Si„ :,ory

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Quarterly & Half Yearly Financial Result by Companies Other than Banks

l'aetienlars 3 months ended (dd-

mm-YYYY)

Previous 3 months

ended (dd-mm-yyyy)

Corresponding 3 months ended in

the previous year (dd-mm-

;

Year to date figures for

current period ended (dd- mm-yyyy)

Year to date figures for previous

period ended (dd-mm-yyyy)

Previous accounting year ended (dd-mm-

yyyy )

A Date of start of reporting

period 01-01-2016

01-10- 2015

01-01-2015 01-04-2015 01-04-2014 01-04- 2014

B Date of end of reporting period

31 - 03 -2016 31-12- 2015

31-03-2015 31-03-2016 31-03-2015 31-03- 2015 __U_1

Whether results are audited or unaudited

Audited Unaudited Audited Audited Audited Audited

D Nature of report

standalone or consolidated Standalone Standalone Standalone Standalone Standalone Standalone

Part 1

3

Profit (loss) from operations before other

income, finance costs and exceptional items

-211.846 169.83 -411.88 -206.078 -310.89 -310.89

4 Other income 2.300000000000010-

02 0 0 2.10264 0 0

_ Profit (loss) from

ordinary activates before finance costs and exceptional items

-211.823 169 83 -411.88 -203.975 -310.89 -310.89

6 Finance costs 18.242 18.73 0 68 57171 93.96 93.96

7

Profit (loss) front ordinary activities after finance costs but before

exceptional items

-230.065 151.1 -411.88 -272.547 -404.85 -404.85

8 Prior period items before tax

0 0 0 0 0 0

9 Exceptional items 0 0 0 0 0 0

10 Profit (loss) from

ordinary activities before tax

-230.065 151.1 -411.88 -272.547 -404.85 -404.85

11 Tax Expense 1.373 0 0 0.75313 0 0

12 Net profit (loss) from

ordinary activities after tax

-231.438 151.1 -411.88 -273.3 -404.85 -404.85

13 Extraordinary items 0 0 0 0 0 0

14 Net Profit Loss for the period from continuing

operations -231.438 151.1 -411.88 - •)73_3 -404.85 -404.85

15 Profit (loss) from discontinuing operations before tax

0 0 0 0 0

16 Tax expense of

" discontinuing operations

0 0 0 0 0 0

17 Net profit (loss) from

discontinuing operation after tax

0 0 0 0 0 0

18 Profit (loss) for period

before minority interest -231.438 151 1 -111.88 -273.3 -404.85 -404.85

/1

Net Profit (loss) after taxes minority interest

and share of profit (loss) of associates

-231.438 151 1 -411.88 -273.3 -404.85 -404.85

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Quarterly & Half Yearly Financial Result by Companies Other than Banks

Particulars 3 months

ended (dd -

mm-yyyy)

Previous 3 months

ended (dd- mm-yyyy)

Corresponding 3 months ended in the previous year (dd-

mm-yyyy)

Year to date figures for current period ended (dd-mm-

YYYY)

Year to date figures for previous period

ended (dd-mm- vyyy)

Previous accounting year ended

(dd-mm-yyyy)

A Date of start of

reporting period 01-01- 2016

01 - 10-2015 01 -01 -2015 01 -04 -2015 01 -04 -2014 01 -04 -2014

B Date of end of

reporting period 31-C3- 2016

31-12-2015 31-03-2015 31 -03 -2016 31 -03 -2015 31-03-2015

C Whether results

are audited or unaudited

Audited Unaudited Audited Audited Audited Audited

D Nature of report

standalone or consolidated

Standalone Standalone Standalone Standalone Standalone Standalone

Part I

22 Details of equity share capital

Paid-up equity share capital

2044.25 2044.25 2044.25 2011. 1 5 2044.25 2044.25

Face value of equity share capital

1 1 1 1 1

23 Details of debt securities

24

Reserves excluding revaluation reserve

-540.585 0 0 -5-10 5s5 -267.29 -267 29

26 Earnings per share

Earnings per share before extraordinary items

Basic earnings per share before extraordinary items

-0.113 -0.01 -0.2 -0 134 -0. 7 -0)

Diluted earnings per share before extraordinary items

-0.113 -0.01 -0.2 -0 134 -0.2 -0.2

ii Earnings per shat c after extraordinary items

Basic earnings per share after extraordinary items

-0.01 -0.2 -0.134 -0.2 -0.2

Diluted earnings per share after extraordinary items

r -

"7 -0.01 -0.2 -0.134 -0.2 -0. ,

30 Disclosure of notes on financial results

Textual Information(1)

For ESA" . 7. (INDIA) ‘''

airector I Authorise,: ..,..notory

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6;28 2016 Essar_ arch16 I-HTML Report.html

Text Block

1. The above Financial Results for the quarter and year ended 31st March, 2016 have been reviewed by the Audit Committee and approved by the Board of Directors at its Meeting held on 28th May, 2016 and Audited by the Statutory Auditors.

2. The figure for the previous quarter/year have been re-grouped/re-classified/re-stated wherever necessary.

Textual Information(1) 3. Invester Complaint for the quarter ended 31.03.2016. Opening - 0, Received- 0, Resolved- 0, Closing- 0.

4. The result is available on the website www.esaarindia.com

5. We hereby declare that the Auditor has audited the Financial Result and provided the audit report with Modified opinion.

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Director I kuthorised .ory

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Statement of Asset and Liabilities

Particulars Current year ended (dd-mm-

YYYY)

Previous year ended (dd-mm-

YYYY)

Date of start of reporting period 01-04-2015 01-04-2014

Date of end of reporting period 31-03-2016 31-03-2015

Whether results are audited or unaudited Audited Audited

Nature of report standalone or consolidated Standalone Standalone

Equity and liabilities

1 Shareholders' funds

Share capital 2044.25 2044.25

Reserves and surplus -540.585 -267.29

Money received against share warrants

Total shareholders' funds 1503.665 1776.96

2 Share application money pending allotment 0 0

f^ Deferred government grants

Non-current liabilities

Long-term borrowings 389.65 S. 1.46

Deferred tax liabilities (net)

Foreign currency monetary item translation difference liability account

Other long-term liabilities

Long-term provisions 0 0

Total non-current liabilities 389.65 831.46

6 Current liabilities

Short-term borrowings 0 0

Trade payables 1.712 0

Other current liabilities 0.192 1.51

Short-term provisions 172.144 0.05

Total current liabilities 174.048 1.56

Total equity and liabilities 2067.363 2609.98

Assets

Non-current assets

(i) Fixed assets

Tangible assets 0.497 0j

Producing properties 0 0

Intangible assets 0 0

Preproducing properties (1 0

Tangible assets capital work-in-progress 0 0

Intangible assets under development or work-in-progress 0 0

Total fixed assets 0.4977 0.5

Fo :AR (INDL

,11&_°L Director /Authorised Signatciy

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Statement of Asset and Liabilities

Particulars Current year ended (dd-mm-

YYYY) Previous year ended (dd-mm-

YYYY)

Date of start of reporting period 01-04-2015 01-04-2014

Date of end of reporting period 31-03-2016 31-03-2015

Whether results are audited or unaudited Audited Audited

Nature of report standalone or consolidated Standalone Standalone

(ii) Non-current investments 0 0

(v) Deferred tax assets (net' 0.596 0.73

(vi) Foreign currency monetary item translation difference asset account

0 0

(vii) Lon;-term loans and advances 0 0

(viii) Other non-current assets ► 0

Total non-current assets 1.093 1.23

Current assets

Current investments (1 0

inventories 100.844 157.98

Trade receivables 0.064 0

Cash and bank balances 92.458 90.68

Short-term loans and advances 1809.102 2306.77

Other current assets 63.802 53.32

Total current assets 2066.27 2608.75

'll'otal assets 2067.363 2609.98

Disclosure of notes on assets and liabilities

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Format for Reporting Segmenet wise Revenue, Results and Capital Employed along 11 iti ► the company results

ParficulArs 3 months

ended (dd- ►► -yyyy)

Previous 3 months

ended (dd- mm-yyyy)

Corresponding 3 months ended in the previous year (dd-

mm-yyyy )

Year to date figures for current period ended (dd-mm-

YYYY )

Year to date figures for previous period

ended (dd-mm- YYYY)

Previous accounting year ended

(dd-mm-yyyy)

Date of start of reporting period

01-01- 2016

01-10-2015 01-01-2015 01-04-2015 01-04-2014 01-04-2014

Date of end of reporting period

31-03- 2016

31-12-2015 31-03-2015 31-03-2016 31-03-2015 31-03-2015

Whether accounts are Audited Unaudited audited or unaudited

Audited Audited Audited Audited

Nature of report standalone or consolidated

Standalone Standalone Standalone Standalone Standalone Standalone

1 Segment Revenue (Income)

(net sale/income from each segment should be disclosed)

1 Commodity Trading 122.27 0 0 122.27 0 0

2 Finance Business -1.667 0 0 286.506 ► 0

Total Segment Revenue

120.603 0 0 408.776 0 0

Less: Inter segment revenue

Revenue from Operations

120.603 0 0 408.776 0 0

2 Segment Result

Profit (4-) / Loss (-) before tax and interest from each segment

1 Commodity Trading -25.256 0 0 -25.256 0 0

2 Finance Business -180.534 0 0 -131.1 0 ►

Total Profit before tax

-205.79 0 0 -156.356 0 0

i. Finance cost 18.685 0 0 68.572 0 ii

ii. Other ►nallocable

Expenditure net off Unallocable income

6.963 0 0 /3.61 7 0 0

Profit before tax -231.438 0 0 , -248.555 0 0

3 Capital Employed

(Segment Asset - Segment Liabilities)

1 Commodity Trading 0.064 0 0 0.064 0 0

2 Finance Business 1893.251 0 0 1893.251 0 0

Total Capital Employed

1893.315 0 0 1893.315 0 0

Disclosure of notes on segments

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