HINDUSTAN COMPOSITES LTD.

Peninsula Business Park, Tower "A', 8th Floor'

senaoatiBapat Marg, Lower Parel, Mumbai 400013

'

Fax: (91) (22) 66S8 0105

O1OO
E-mail: hcl@hindcomPo com
Website : wwwhindcomPo.com
CIN No. 129120MH 1964P1C012955

Tel.r (91)

(i2) 668S

28th

To,
BSE

- Listing

The

e Manager (CRD)

Limited

L: HINDCOMPOS
Exchange of India Ltd

\l

Phiroze JeejeebhoY Towers,

Dalal Street, Fort

November, 2016

5th Floor,'G' Block

Exchange
Bandra Kur\ComPlex,
Bandra (East),\umbai - 400 051

Mumbai - 400 001

Dear Sir,

Scrip Code: 509535

iofi O.t,"o-" of Board Meeting held on 28th November' 2016
Exchange Board of India
Pursuant to the provisions of Regulation 30 of the-securities
wish to inform
(Listine Obligations and Disclosui"e Requirements) Regulations' 2015' we
todav i'e 28th
held
the Companv aiits meeting
Results of
Financial
the Un - audited
November,2016, inter alta cons'dered and approved
was subject
f- tt q,ra.t"r u'-td 'ix months ended 30th SePtember' 2016inwhich
il"C;;y
accordance with
"
are prepared
to Limited review by Statutory Auditors These results

;::"it"";*Jil;;;;;"f

the Ind-As, as aPPlicable.

Company for the quarter and six months

A copy of the Un-audited Financial Results of the
as
along wiih un-audited Statement of Assets and Liabilities
records'
herewith for your
""1"?ai,rGo[mier,2016
on that date and Limited RevieJRePort are enclosed
at 4 00 p'm and concluded at 5'30 p m'
Tire meeting of the Board of Directors commenced

Kindly take tlte same on your record'

Thanking You,
Yours faithfullY,
For Hindustan ComPosites Limited

6+1q'{N
)r

=/
st

Amit Goenka
VP - Finance & ComPanY SecretarY

Q;;9

Encl: As stated above

Sales ofiices
Ganesh Chandra

Bando House. Room No. 207. 2nd

condominium. wodi. iifumbai

North :401, Rohit House, 3
South i 47, Moore

Sfeel Perry's,

Flool

400 013

Kolkala - 700 013

New Delhi- 110 001

Georoe Town, Chennai

'

600 001

Tel.: 91-33-2236078

Tel. : 91"22-2495 1355

'

Tel. : 9111-2331 3845

Tel l

91

-44'2535 7976

Fax

'

'

91

. Far

91-33-22360788

-22-2495 1365

Far:0111-23313846
Fa'.:

91'44'2535 9822

HIN DUSTAN COMPOSITES LIMITED

Regd.office: A Tower,8th Floor, Peninsula Business Park,
Senapati Aapat Marg,Lower Parel, Humbal_ 4OOO13
Tel: 022-668a0100, Fax:022-55880105
visit us at www,hindompo.com
CIN No. t291201t1H1954P1C012955

Statement of Unaudited Financial Results for the quarter and half year ended 3oth september' 2016
(Rs.ln
Sr.
No,

'I

Income from ope.ations

a) Nel Sales,'lncome from Investrnenls
b) Olher Opeling Income
Tot llncome lrcm operations (Net)

Ended

Ended

30ep-16

30Jun-16

4,786

't9
4,805

30-Sep-15

5,467
9
5,476

a)
b)
c)
d)
e)

1,365
355

cost of matedals consumed

Excise Duly
Changes in Invenbnes of tinished goods, work-in-Prcgress and stock'in Lade
Employee benelits expense
Oepredation and amonizalion expenses

(78)
191

Prolit bero.e Other Income and Finance cost (l-2)

3.313
1.492

5
6

Profit before Finan.e Cost

1.506

ProUt before Tax (56)

14

8
9
10
11

12
13

1 497
409

Net Prorit ror lh6 Period (9-10)

Olher Comprehensive Income / (Loss) (Atler rax)
Tot l Comprehensive lncomo after Tax (9+1 0)
Paid-up Equity Share Capital
(F6ce Value ofRs- 10 per share)
Reserues excluding Revalualion ReseNe
Basic and Dilured EPs

'1,209

377
2

524
160
883

603

(3+,1)

1,436
360
{62)

5.326

1,088
(6)

179
1 096
3.604
1.A72

'171

15
1,447

2.147

16

Laca

Endd

Ended

30-Sep{0

30.sep-15

10,253
2a
10.241
2,801
715
(140)
1,198

370
6.917
3.364
29
3.393

1,250
55
9,305
2,444
729
(25)
1,057
313
6,3
2.967
2e
2.991

22

10

1.677

642
'|.235

2.176
579

(6t

1.082
492

1.229
492

22_10

25.09

3.374
2.

2.243

2,311
192

2.227
492

47.19

45.36

(6)

i3)

32 4A

Reporting of Segment wise Revenue,Result and capital Emplbyed as on 3oth September, 2016

S..
No.

Ended
30.Jun.16

30-Sep-16

a) Composile Products

(P.ofil(+) / Loss C) bero.e

Td

Ended

30ep.15

3,t50

3,336

3,055

1 655

2140

2 271

4,805

5,,176

5.326

2 090

Ended

Ended
30-Sep-16

30-s0p-l5

6,la6
10.281

6,11/t
9

and l.terest

a) Composile Producls

Less: Unallocable Expenses

Prolit before Tax and Erceplional ltems

184

183
1A2A

1,633

2.O11

'141

'139

t0

370

207
2,297
126
9

2 412

3 277
3,644

3,182

2AO

215

19

29
3,374

22
2a
2,973

4,555

1,197

1.877

2,178

4,AU

4,683
57,808

4,555

4,444

58,757

55,715

5A,757

55,951

6/t,905

62,857

65,951

(Segment Assets - Segment Liabilities)

a) Composite Products

Total seqment capital Efl

| A!SErS
NON.CURRENT ASSETS
(a) Prcpeny, Planr and Eqlipment
(b) Capilal wolk in'progrcss
(c) Olher Inlangible assels
(d) FinancialAssets

(e) Olher Non Cldenl Assets

CURRENTASSETS
(b) Financjal Assets
-

Trade re@ivables
csh equivalenls

- Cash and

(c)

Olher cunent assels

EzuIY
(a) Equiv Share Capilal
(b) Otner Equity
LIABILITIES

NON4URRENI LIABILITIES
(a) Financlal Liabilities

(c) oefened tax liabilitjes (Net)

(d) Oher Longterm liabililies

CUKRENT LIABILITIES
(6) Financial Liabilities

' Olher nnancial liabilities

Theaboveresu||swelerviewedbyheAuditcommitteeandap'provedbytheBo
cnied out a 'Limited Review of lhe same.

Thissta!msnlhasbeenprepardinaccordancewjlhlhecompanies(|ndianAccoUnlingstandas)Ru|es'2o1
Aprit

, 2016, rhe

Company adopred Ind AS wiih a transition dale Apnl

2015 and accordingly. rcstaled .esllls tor lhe quader 6nd Har Year ended seplember 30, 201 5.

Thisresu|tdoesnotinclude|ndAScomp|ian|rsqltands
2016.

The re@ncitation of net profit reported in accordanc with Indian GAAP to total cornprehansive income in a@rdance wilh Ind AS is given

Ended
30Jun-16

30-Sep-16
Nat' brolit

rs o.roetuious lndian

GAAP after tax

Fair Valuation of nnancial assets

Fair Valuation of financlal liabilily
efened Tax Oabilitv) / Assets on Ind AS Adiustmenls
Actudal GainLoss on defined benelit plans (After Tax)
.^n<idpr.d,< O,h.rCdmnrehensive ln..he as oer lnd AS

Net orolit betore Other Comorehensive lncome

belw

679
623
t21

6
1,088

E08

649

3o-Sep-15

30op-16

30.Sep-15

t.

785
1.247

1.340

(61

0\

(11)

(222)

(429)
3

{437)

6
1,235

1.599

12

2,323

The|-hitedreviewofUnaUdi|edfnanci6lresu|lsforthequar!elarrdha|fyearendadseplmb'3o'2016asrqujr6diolsm3ofc|aUs933o'lllSEB|(Lis|ingob|iga|i
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sUtisddtorevisl,fora0dit,Ho/vvr,lh.company3managmntha3xrcbdnec$$rdUsd|||gncloen$rethal3ucnfmancla|.$U|tprovidallrand'ar$dbdaiB.

ThrsbapG5|blny|hath$3quart9dyfnfla|r3u|tsmayrquirsadjustnntbfofscoNtMnglhsfnal|ndAsnnanda|$a!smsnb$ofandforlllyendfMad
dng$hnnfda|repodjfEBqdrmntsafisingfro.nnworrv|sdstafda'dsofe'prlato.B|ssudbyMcAorcnangs|nlh0sotofpormoreoptoIomp
spplhaton ot carlain

Ind

AS as prmilted under Ind AS 101

Prcvious period fgures have beei recast/ regroupd wt|erever considered necessary.

d^du.
Daied :

P. K.CHOUDHARY

26rh Novembor,2016

Managinq Dir8do.

LODHA

6, Karim Chambers, 40, A. Doshi Marg, (Hamam Stret),

Mumbai400 001 IND|A

0091-22-2269 1414 | 2269 1S1s

&co

Telephone

Chartered Accountants

Fax
E-mail

0091-224002 1140 I 4002 1414

0091-22-2261 9983
mumbai@lodhaco.com

UIIIIED-BEVIEVTNEPORI

of Directors
Hindustan Composites Limited

To The Board

We have reviewed the accompanying stalement of unaudited standalone financial resufts of

Hindustan composites Limited ('the company') for the quaner and half year ended september,
2016. This statement is the responsibility ofthe

compan/s Management and has been approved by

the Board of Directors. Our responsibility is to issue a report on these resutts based on our review.

we conducted our review in accordance with the Standard on Review Engagement (sRE) 2410,
'Review of lnterim Financial lnformation Performed by the Independent Auditor
of the Entitf issued
by the lnstitute of Ghartered Accounlants of India. This standard requires that we plan and perform
the review to obtain moderate assurance as to whether ihe financial statements are free of material

misstatement.

A review is limited primarily to

inquiries

of company personnet and analytical

procedures applied to financial data and thus provide less assurance than
an audit. We have nor
performed.an audit and accordingly, we do not express an audit
opinion.

Based on our review conducted as above, nothing has come to our aftention that
causes us to
believe lhat the accompanying statement of unaudited financial results prepared
in accordance with
applicable Indian Accounting Standards (ND AS) and other recognized accounting practices
and
policies, has not disclosed the information required to be disclosed in terms
of Regulation 33 of the
sEBl (Listing Obligations and Disclosure Requirements) Regulations, 2015

read with circular No.

clR/cFD/cMD/15/2015 dated November 30, 2015 and sEBt circutar No. clNcFDIFAcrc2no$
dated July q5, 2016, including the manner in which it is to be disclosed, or that it
contains any
material misstatement.

For Lodha and company

Chartered Accountants
lCAl Firm Registration No.301051E

t.Ml')'1
-}aY
R.P. Baradiya

Place: Mumbai
Date: November 28, 2O16

Partner
lllembership No.44l0l

New Oelhi

Hyderabad