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Accountants
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402-403,PragatiHouse,47-48,NehruPlace,New Delhi-110019. (lndia)Website: wuruu.bakertillysinghi.com
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Review Report

The Board of Directors,

M/s HindustanEverestTools Limited
Dohil Chambers,
46. Nehru Place.
N e w D e l h i -1 1 0 0 1 9

We have reviewed the accompanyingstatementof unauditedfinancial resultsof M/s HindustanEverestTools

'Public Shareholding'
Lirnited for the quarterendedon 30thJune, 2014 except for the disclosures regarding
'Promoter and PromoterGroup Shareholding' which have been traced from disclosures made by
and
the managementand have not been audited by us. This statementis the responsibility of the Company's
Managementand has been approvedby the Board of Directors.Our responsibilityis to issuea report on these
financial statementsbasedon our review.
We conductedour review in accordancewith the Standardon Review Engagement(SRE) 2410, Review of
Interim Financial Information Performedby the IndependentAuditor of the Entity, issuedby the Institute of
CharteredAccountants of India. This standardrequires that we plan and perform the review to obtain moderate
assuranceas to whetherthe financial statementsare free of materialmisstatement.A review is limited primarily
to inquiries of company personneland analytical proceduresapplied to financial data and thus provide less
assurancethan an audit. We have not performedan audit and accordingly,we do not expressan audit opinion.
Based ol1 our review conductedas above,nothing has come to our attentionthat causesus to believe that the
accompanyingstatementof unaudited financial results prepared in accordancewith applicable accounting
standards and other recognized accounting practices and policies subject to note no.4 and 5 of the
accompanying statementof unaudited financial results has not disclosed the information required to be
disclosedin terms of Clause41 of the Listing Agreementincluding the mannerin which it is to be disclosed,or
that it containsany materialmisstatement.

roY'^^.-\g\
1f **,q(t'):

For SINGIII & CO.

CharteredAccountants

FirmRes.No. 302049E

81,"Place:New Delhi
Date:7tl'August,20l4

B.K. Sipani
Partner
MembershipNo. 088926

tlsr4lGt

tI

Hindustan

Everest Tools
Limited
46 Nehru Place
Dohil Chambers,
019 (lNDlA)
New Delhi-110
Ph. : 91-1146692600,Fax : 011-41606788
E-mail : ho@everesttools.com
CIN : L74899DL1962PLC003634

HINDUSTAN EVERESTTOOLS LTD.

Regd.& H.O. DohilChambers,46,
NehruPlace,New Delhi11O019
CIN: U4899D11962PtC003634
Ph:91-u46692600,Fax: 0u41606788
E-mail:ho@everesttools.com,
Web-site:http://www.everesttools.com

UNAUDITEDFINANCIAL
RESULTS
FORTHEQUARTER
ENDEDJUNE30,2OL4
)ARTI

(t In Lakhs)

Particulars

3 months

3 months

3 months

Accounting

ended

ended

ended

yearended

30.06.2014
Unaudited
1.(a)Net Sales/lncomefrom Operations(Net of Exciseduty)

1094.15

(b) other operatinSIncome

3.39

fotal

31.03.2014 30.05.2013
Audited

L268.04
63.83

LO97.5t

1331.87

Unaudited
793.2L

31.03.2014
Audited
3932.5I

9,79

209.3(

803.00

4141.8t

(23.88)

2, Expenses
a.(lncrease)/decrease
in stock in trade and work in progress

(49.27,

124.441

74.O5

b. Consumption
of raw materials

169.69

2L6.91

LO7.A)

c. Purchaseof trade goods

3?7,92

37L.72

204,.34

L',66.2L

d. EmployeesBenefit Expenses

s99.75

247.61

238.23

200.91

902.12

e. Power& Fuel

84.69

LO7.3i

56.0(

320.0(

f. DeDreciation

1l.66

15.82

t4.79

l. Other expenditure

?,63.2C

Total

1,068.56

l. Profit/(Loss)from Operationsbeforeother Income,Financecost & exceptionalltems (1-2)

l. OtherIncome
Profit/(toss)before Financecost & Exieptionalttem (3+4)

878.67

LL44.99

833.03

3904.71

186.88

(30.031

237.L4

o.L4

0.33
(30,03

254.85

34.11

. Profit/(l-oss)after Financecost but before exceptionalltem (5-5)

61.8t

175.07

28.98

29.t2

;. FinanceCost

219.3f

(4.99,

|, Exceptionalltems

t87.2t
39.40
t47.81

17,71

35.3(

136.6(

(65.39,

118.19

{56.39,

57.72

72.29

(60,47,

(4.eel

t. Profit/(Loss)from OrdinaryActivities before tax (7+8)

10,Taxexpense(netDeferredTax Assets)

87.34
L4.57

11. Net Profit/(toss)from OrdinaryActivitiesafter tax (9-10)

L4.57

(4.eel

101.91

(66.3e1

(4.9e)

101.91

(66.3e)

72.29

L60.72

L60.72

t60,72

12.ExtraOrdinaryltem (net of tax expenseRs........)

13, Net Profit/(tossl for the period (11-12)
14, Paid-upequity shareCapital(FaceValue Rs.10/- per share)

760.72

15. ReserveexcludingrevaluationReservesas per balancesheetof

83.07

previousaccountingyear
16.EarningPerShare(EPS)
(a) Basicand diluted EPSbefore Extraordinaryltems for the period,for
the year to date and for the previousyear ( not to be annualizedl

(0.31j

5.34

(4.13)

4.50

(0.311

6.34

(4.13)

4.50

(b) Basicand diluted EPSafter Extraordinaryltems for the period,for

the yearto date and for the previousyear( not to be annualized)

4s{s

ai..ei;

Tr.J.{tilr

Hindustan

Everest Tools
Limited
46 Nehru Place
Dohil Chambers,
O19 (lNDlA)
New Delhi-110
Ph. : 91-11-46692600,Fax: 011-41606788
E-mail : ho@everesttools.com
CIN : L74899DL1962PLC003634
PART II

OFSHAREHOTDING
A PARTICUTARS
1) Publicshareholding
Numberof shares

77344r

773441

777243

773481

Percentageof Shareholding

48.L3%

44.L3%

4436%

48.L3%

2) Promotersand promoter group shareholding

a) Pledged/encumbered
Numberof shares

Nlt

Ntt

Ntt

Ntl

Percentage
of shares(asa % of the total shareholdingof promoter and

Ntt

N[.

NIL

Ntt

Ntt

Nil.

Ntt

Nlt

833719

829917

promotergroup)
Percentage
of shares(asa % of the total sharecapitalof the Company)
b) Non-encumbered
833719

Numberof Shares
Percentage
of shares(asa % of the total shareholdingof promoter and

too%

LOO%

LOVA

833719
LOO%

promotergroup)
Percentage
of shares(asa % of the total sharecapitalof the Company)

5r.87%

5L.a7%

5L.54%

3 monthsended 3OlO6l2OL4

Particulars
B INVESTOR
COMPTAINTS
Pendingat the beginnint of the quarter

Ntt

Receivedduringthe quarter

Ntt

Disposedof duringthe quarter

Ntt

Remaininsunresolvedat the end of the ouarter

Ntt

NOTES:
1. The above resultswere taken on record by the Boardof Directotsof the Companyat it's meeting held on 7th
August2014at New Delhl and have undergone"Llmlted Revlew" by StatutoryAuditoF ofthe Company,
2. The Companyis engagedin the HandTools Business,which in the context of Accountint standard17 is considered
the only businsssgment.
3. Previusperiod figures have been regrouped/rearrangedwherever found necessary.
4.Deferredtax provlsion,lf any, shall be provlded at the year end.
5. Depriceationhasbeen computed on the basisofthe existingpolicy of the Companybeing followed up to 31st March,2014.The CompaniesAct, 2013 requires
estimationof remaininguseful life of all assets,and the computation for the same is in process.The difference between the Current and revisedcomputation,
if any, will be recognisedin the subsquent quarters.

6s{,s
] f ,u"''
"dL]:

New Delhi
August 7th,2014

Q:;t#

( S.K.MANDELTA
)

5L.87%