of tandoloee Vaud Ret othe Carte! a al Yer ended 0h Sop 2024 | rents “ cosed300> |nowtvenied|mentineneaio| trent tne [oetenting| ecg oy” soi” |"Soueiois |"eoaoisinne. | coverpenna [@memnsended] “SSS feossurynt ssa see] 2003 esetied)| ones | umes) | eae) | aewanaay | tame rat come tom operations et arse] — me sae| ase] a ro (n |ettrtang nate an cont sesss| ras] satooo] —azsaae| assess] eamsan (o}_ |irece cost Hotes & Resorts 0131 105.18 024s | "207.50 ‘20702 en {8 |etoreoence sam| som| _amnae| dose] tings] tos foataponee areas —apesso | spats | aera] —aeenst 0 2 |r om peas bee ther 2 eam ons) ox) ave] ana] sou) aazea| 5 |e wom onary ter before sito} casan) Guan] aan] annem] esl Tamcnca a) + |romton tom erry aces tele eepunancas ts) ans] caso) eras] array) ase] 1 [cpa nevi eid aden) cm] “zeae on asm] yao 5 pstmt e960) assza| ssn) rasa) ans lar pera ahr exe] fosters ran] asa as 2429] as 11 NetPro em eaaay ates Pert) nan] area] cam) sea nor somata) ta) foe oa] oe] ooo] xr) 1 eit 3] tesa {non} fea) 3) ese encambrce naa - sasacoo| sasnono| — aaseaco «feet : Sno = wsamaos| smo) — seense |renoarget seston reno S| on [sng tan was} mas na00 Prajay Engineers Syndicate Ltd. 4 Rage. fies: :2.202182/A, Plat No. # 1001 Road No. #41. Neat Poddamina Tonle Subiloe Hits, Hyderabad - 800 033, Phone: 040.66 222 98, Fax: 040-06 222 966 | email info@prajayengineors.comP RAJ NY... Ava nde tour mal er onde 30.0208 (esto tain) ae Pea Tixontn eed] Feces [Covespondng] Yen toda | Coemponang] Mev yor Ueno] — | mwuee) [raves [suc 1a | | — oa | ase] | a trou] arsas—aonsa]}—zas)—gxesa sean tas] ‘wseo] ‘weal! aon] san] ganas hot ‘asa3)| ——gaxssi| ses] ——‘pasz9| 3 |unsocte panne (6) [ote onto apetare (et of unsactdincoms on cs] aes] atas] seas 1 frotebtore aceptina em sas] maa] gs] azran| ssa : ‘as 28 on ‘asn| asa : e960) asso] ssn) arena] nas , 2m] arzsn) as] azn] ass . ann aren] (exz0] aston] aa 2» aoa emptoed cooannen on Deon sessear| seaze2e| soasese| —aeassar oot neta ara esons masoeat| eaias| secue| aesoeae nn ecordance tn he ecouning pokes onstetyaeatey the Comes 5 Scamencnave been detain eornc th Acoutg Stand 17 on Sapment Report, concen theres ik ole (0)comtcion ane Deepmant ot rope rz Prajay Engineers Syndicate Ltd. 4 Regd. Office: 4-1-2/4, EdIGarden Road, RaRKote, Hyderabad -500 001 Te 91-40-24751 7A lines). Fax DHQO-24758057 4 Comp. Office: 5h Foot. Pajty Corporate House, ach Gardens, HyGerabod-500 018 Tero} 000729009 Pax 9140-3, TD; info@pral2y 4 Email inlo@prajayengineers.com ph: 040-6622DNAX ee a is (Rs.in Lacs) Particulars ‘Asat the period [As at year ended ended 30th Sep, |31st March, 2014 2014 (Audited) (Audited) EQUITY AND LIABILITIES 1 |Share holders’ funds (a) |share capital 6,993.58 6,993.58 (0) [Reserves and Surplus 58,806.09 59,387.46 Sub-total - Shareholders’ funds 65,799.67 66,381.04 2 |Non-current Liabilities (a) _ Long-term borrowings 10,810.98, 11,765.56 (0) [Deferred tax liability 181.64 306.44 ('c) Long-term provisions 83.34 33.84 Sub-total - Non-current liabil 1,075.96 12,105.83 3 |current Liabilities (a) _ short-term borrowings 1,883.06 1,287.67 (b) [Trade Payables 24,610.45 24,993.28, ('c) other current liabilities 9,370.71 9,552.33 (a) [Short-term provisions 633.22 633.22 Sub-total - Current liabilities 36,497.45, TOTAL EQUITY AND LIABILITIES 713,373.08 114 913.3; 8 [assets 1 |Non-current Assets a) |Fixed Assets 30,694.03, (b)_|Non-current investments 13,321.30 (‘c) [Long-term Loans and Advances 6,732.76 Sub-total - Non-current Assets 50,748.09 2 |Current Assets (2) _ inventories 36,320.88, (0) Trade Receivables 22,653.26 (6c) |cash and Cash Equivalents 170.82 (a) _|Short-term Loans and Advances 3,480.04 Sub-total - Current Assets| 62,624.99) TOTAL ASSETS 113,373.08 Prajay Engineers Syndicate Ltd. 4 Regd, Office: 4-1-2/4, EaOm S.V.RANGAN Chartered Accountant Independent Auditors’ Review Report ‘To The Board of Directors of Prajay Engineers Syndicate Limited Hyderabad 1. I have reviewed the accompanying statement of standalone Unaudited Financial Results of Prajay Engineers Syndicate Limited ("the Company") for the quarter and six months ended 30% September, 2014 (the “Statement’) being submitted by the Company pursuant to the requirements of clause 41 of the listing agreements with the stock exchanges, except for the disclosures in Part Il referred to in paragraph 5 below. ‘This Statement is the responsibility of the Company's Management and has been approved by the Board of Directors. My responsibility isto issue a report on the statement based on my review. 2. 1 conducted my review 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 I plan and perform the review to obtain moderate assurance as to whether the statement is free of material misstatement. A review is limited primarily to inquiries of Company personnel and analytical procedures applied to financial data. A review is substantially less in scope than an audit conducted in accordance with the generally accepted auditing, standards, the objective of which is expression of opinion regarding the financial statements taken as a whole, Ihave not performed an audit and accordingly, I do not express an audit opinion. 3. 1 draw your attention to the following: 3.1 Trade receivables considered good include an amount of Rs.22,596.26 lacs due from customers which are outstanding for more than six months. As a result of economic slowdown and recession in the realty sector, realizations from customers are slow. Iam unable to comment on the realization of these receivables. 3.2 Loans and advances considered good include an amount of Rs-5,999.05 lacs given towards purchase of land /development towards certain projects, and an amount of Rs.1,149.85 lacs given to suppliers, ete ‘outstanding from earlier years. No provision has been considered necessary due to long term involvement in such projects. My opinion is not qualified in respect of matters specified in 3.1 and 3.2 above. 4. Based on my review conducted as stated above, nothing has come to my attention that causes me to believe that the accompanying statement, prepared in accordance with the accounting standards specified under the Companies Act, 1956 (which are deemed to be applicable as per Section 133 of the Companies Act, 2013, read with Rule 7 of the Company (Accounts) Rules, 2014) and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Clause 41 of the Listing Agreements with the stock exchanges, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. Further, I also report that I have traced from the details furnished by the management, the number of shares as well as the percentage of shareholding in respect of the aggregate amount of public shareholding, {and promoter & promoter group shareholding in terms of clause 35 of the listing agreements with the stock exchanges and the particulars relating to the undisputed investor complaints disclosed in Part II for the quarter and six months ended 30% September, 2014 of the Statement. Hyderabad (( [2 “esa ‘i aoe November 14,2014 Chartered Accountant (ase ary) Membership No. 22037 Qin HP “5 feisat Colony, Phase 2, SecundeFabad — 300009 Phone :040-37751239, 27955081 email : rangansanthanam(@gmail.com