l0l -l 04, GCP Business Centre, Opp.

Memnagar Fire Station,

Office No.-l07, Vijay Cross Road, Ahmedabad-380 014.
E-mail : sfl l 992@ymail.com

SFL INTERNATIONAL LTD

(Formerly SURYANAGRI FINLEASE LIMITED)
CIN: L't 7291 GJ1 992P1C01 8633

14th

November,20\6

The Secretary
BSE

Limited

Phirozee Jeejeeboy Towers,

Dalal Street, Fort

Mumbai-40000L
Email: corp.relations@bseindia.com
Sub: Outcome of Board Meeting held on 14th November,2}T6for Unaudited Financial
Results for the quarter and half year ended 3Oth September, 20L6.
BSE Code:

530867

Dear Sir,

Pursuant to Regulation 30 and 33 of Securities and Exchange Board of India flisting

Obligations and Disclosure RequirementsJ Regulations,20t5, this is to inform you that the
Board of Directors of the Company at its meeting held today 14th November, 2016
considered and approved the Statement of Unaudited Financial Results for the quarter and
half year ended 3Oth September, 2016.
Statement of Unaudited Financial Results for the quarter and half year ended 30th
September,201,6 along with Limited Review Report is enclosed herewith for your
information and records. The said results are also being published in the newspaper as
required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015.
Request you take the above on record.

Yours faithfully
For SFL International Lim

Director
DIN:06425687
Encl: As above

SIIJ INTERNATIONII. I,TD

(ToRMERLY KNOWN r,S SITRYf,Nf,GRT frNrJE[,SE LTD)

ST.ITEMENT OF trliSETS .trND I.IT,BII,ITIES

(Rs in lakhs)

Parliculars

.[s at 30.09.2016
(Unaudited)

trs at 31.03.2016

(trudited)

T EQUITY TND I,IAAIIJITIES

I Shareholders'funds
(a) Share Capital

336.4s

336.45

(b) Reserves and Surplus

(99.06.

(93. l 2,

237.39

243.33

9.09

8.87

9.09

8.8?

246,48

252.20

funds
Non-current liabilities
(a) Long-term borrowings
(b) Deferred tax liabilities (net)
(c) Other long+erm liabilities

(d) Long-term provisions

Sub-total- Non-crrrent
3

liabilities

Current liabilities
(a) Short-term borrowings

(b) Trade payables

(c) Other current liabilities
(d) Short-term provisions
Sub-total- Current

liabi[ties

TOTTI, - EQUITYAND LIABII,ITII

ASSETS

Non-currenl .[.ssets
(a) Fixed assets

10.90

10.97

(b) Non-current Investments

(c) Deferred tax assets (Net)
(d) Long-term loans and advances
(e) Other non-current assets

t28.40

128.40

8.09
84.35

90.55

Sub-total- Non-curretrt assets

23t.74

238.0r

8.09

Current.Essets
(a) Current Investments

(b) Inventories
(c) Trade Receivables
(d) Cash and cash equivalents
(e) Short-term loans and advances
(f) Other current assets
Sub-toial Currenl assels

TOTTI,

..ESSETS

7.20

7.20

3.49

2.97

4.05

4.02

t4.74

r4.1 9

246,48

252.20

SEL

Place: Ahmedabad

Date :14.11.2016

International Limiied

Nqfrt,rtrU^
C

Direcior

STI, INTERN.E TIONAII

(ToRMERLY I{NOVIN

I'TI)

SURYANLGRI TINIJEISE IJTD)

STI'TEMENT OF IINIUDITED TINANGIAIT RESIILTS FOR TIIE QUARTER IND SD( MONTHS ENDED 30TH SEPTEMBER
,2016
.ES

Rs In lJakhs

Preceding 3
3

Particulars

months elded.

months

30.09.2016

endeal
30.06.2016

Unaudited

Unaudited

Corresponding

Year to date

Yeu to date

figures for
figures for the Prevlous Year
months ended, in
current period previous year
ended
the previous
ended
3r.03.2015
ended
year 30.09.2015
?n oo rdr 4
Unaudited

lncome from Ooerations

Unaudited

Unaudited

.B.udited

[a) Net Sales/ Income foom Operatioro

lb) Other Operatins Income

fotal Incorne from oDerations aNet)
Expenses
a) Cost of Material consumed
lb) Purchase of Stock-in-1?ade
:c) Changes in inventories of finished goods,
n-proctress and stock-in-trade

work

i) Employee benefit expense

))

0.31

Depreciation and Amofiisation Experee

(D Other E)(penses
Total Expenses
3

Profit/

from Operations before Other

lncome, finance costs and Exceptional ltems

0.30
0.03
3.77

0.04
1.46

(IJoss)

0.49

0.61

0.72

I.3t

0.07

0.0t

0. 13

0.

2.01

5.24

7.O4

I!

I.9I

1.80
(1.80)

7.89

r0)

2,57
(2.57

5.90

(4.

(5.90'

(7.8e1

(r

(1.801

(4.

r0

(2.57

(5.90

(7.8e1

(r 3.43

o.o2
(2.s9

(5.93

(l.v

r)

4.10

13.43
3.43

?)

f,ther Income
S

Profit/ (IJoss) from ordinary activities before

linance costs and Exceptioaal Items (3+4)
Finance 6osts

0.00

0.03

(1.80)

(4. r3)

Profit

/ (Loss)Irom Ordinary.Ectivities before

tax (Z+8)
Iax Experees

(1.80)

(4.13:

(2.59)

(5.e3)

(7.s

Profit / (IJoss) from Ordinary Activities

rfter Tar 19-lOl
mrv Items fNet of Tu Exoenses
Net Profit / (IJoss) for the period (l I + tZ)
laid-up equity share capital (Face Value per shaJe

(1.80)

(4.

i3)

(2.s9

(5.931

7.9

Profit/ ([oss) from ordinary activities after

finance costs but before Exceptional Items (5-

0.0i

0.02

o.o2
(1

3.4s]

6)

Exceptional items

I
to

Net

t2

l3
l4

(+.1J

(2.s9

336.45

336.45

.8t
336.45

ts.10/-)

Jdo.+c

6(ii) Earnings Per Share (after extraordinary

items)(Rs. l0 each) (not annualised)

i.9 r)

(9.40
336.45

(s3.r2
(0.0s)

(0.12)

(0.01

(0.

l8

(0.02)

(o.28

(0.05)

(0.1 2)

(0.01

(0.

r8

(0.02)

(0.28.

(a) Basic

(b) Diluted
NOTEST

I' 3"
"b?"" 11gts
November.20]6.

have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on l4th

2 The Company has only one reportable business segment and have only one reportable geogzaphic segment in India.
g Ttle Statutory Auditors have caried out the "Umited Review" of the results of the {inmcial statements for the quarter ended 30th September,Zol6.
4 The figues of the Previous periods have been regrouped wherever necessary

Place: Ahmedabad
Dated:14.11.2016

(4.05
(9.40

336.4s

l5

Keserve excluding Reyaluation Reserves as per

Balance sheet of previous accomtind veu
r 6(i) Emings Per Share (before extraordinary
items)(Rs. I 0 each) (not annuelised)
(a) Basic
(b) Diluted

(r3.4s)

lrshok

& eo

CHARTERED ACCOUNTANTS

Head Office : A/602, Narnarayan Complex, Near Swastik Cross Road, Navrangpura, Ahmedabad - 380 009.
Phone : (O) 079 - 2644 8255, 2656 4343 (M) : t91 9426001221 E-mail : ashokdhariwal2004@yahoo.co.in

INDEPENDENT AUDITORS' REVIEW REPORT

TO THE BOARD OF DIRECTORS OF
SFL INTER.NATIONAL LTD. (FORMERLY KNOWN AS SURYANAGRI FINLEASE LTD.)

accompanying Statement of Unaudited Financial Results of

SFL INTERNATIONAL LTD. (formerly known as Suryanagri Finlease Ltd,) ("the Company")
for the quarter and six months ended 30th September, 2016 ("the Statement"), being
submitted by the Company pursuant to tire requirements of Regulation 33 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015, as modified by Circular No.
CIR/CFD/FAC/62/2076 dated July 5, 2016. This statement is the responsibility of the
Company's Management and has been approved by the Board of Directors. Our responsibility
is to issue a report on these financial statements based on our review.

1. We have reviewed the

2.

We conducted our review of the Statement in accordance with the Standard on Review
Engagements (SRE) 2470, '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 rnisstatement, A review is limited
primarily to inquiries of Company personnel and analytical procedures applied to financial data
and thus provide less assurance than an audit. We have not performed an audit and
accordingly, we do not express an audit opinion.

3.

Based on our review conducted as above, nothing has come

believe that

to our notice that causes us to

the accompanying Statement, prepared in accordance with the

Accounting

20t3, read with relevant rules

issued thereunder 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, 20t5, read with SEBI Circular No,
CIR/CFD/FAC/62120L6 dated July 5, 2016 including the manner in which it is to be disclosed,
or that it contains any material misstatement.
Standards as specified under Section 133 of the Companies Act,

For Ashok Dhariwal & Co.

Chartered Accountants
(Registration No. 100648W)

trffiR
:
\

%r#

Place: Ahmedabad

Accoui,tlArfis/:

-$**"Ashok Dhariwal
CA

Partner
Membership No. 36452

Date: 14th November, 2016

: ZO-C Angelica, Cosmos Lounge, Manpada, Thane (W).400 607

(M) : +9t 9029006101 E-mail : dhariwal_sh@hotmail.com

Branch Office