GANESH

BENZOPLAST LIMITED

LIQUID STORAGE TERMINALS AT JNPT, GOA & COCHIN

Regd. Office: Dina Building, Ist Floor, 53, Maharshi Karve R?ad, M~rinelines, Mumbai - 400 002.
Telefax: 22001928 0 Email : mlgblml@gmaIi.com
JNPT TERMINAL: Bulk Road, JNPT, Nhava Sheva, N.aviMumbai - 400 707.
Tel.: 2724 1460/27241011
Fax: 27,242581
CIN : L24200MH1986PLC039836

To,
The Secretary
The Stock Exchange Mumbai
Department of Corporate Services,
Phiroze J eejeebhoy Towers,
Dalal Street,
Mumbai - 400 001.

November 14,2016

Dear Sir,
Ref: BSE CODE 500153
Sub: Financial Results Under Regulation 33 of the SEBI(LODR), 2015 for the Quarter
ended September 30, 2016
Pursuant to Regulation 33 of the SEBI (Listing Obligation and Disclosure
requirements), 2015, please find enclosed the copy of unaudited financial results for the
quarter ended on September 30, 2016,approved by the Board of Directors of the Company in
their meeting held on November 14,2016.
Kindly take the same on your records.

End:
1.
Unaudited Financial results for September 30, 2016
2.
Segment wise revenue, results &:: capital employed for September 30, 2016
3.
Limited Review Report for September 30, 2016

THE ULTIMATE INFRASTRUCTURE & STORAGE SOLUTIONS

GANESH
BENZOP.LAST LIMITED

LIQUID STORAGE TERMINALS AT JNPT, GOA & COCHIN

Regd. Office: Dina Building, 1st Floor, 53, Maharshi Karve Road, Marinelines, Mumbai - 400 002.
Telefax: 2200 1928 a Email : mlgblm\@gmail.com
JNPT TERMINAL: Bulk Road, JNPT, Nhava Sheva, Navi Mumbai - 400707.
Tel.: 2724 1460/27241011 Fax: 27242581
CIN : L24200MH1986PLC039836
UNAUDITED FINANCIALRESULTSFOR OUARTER AND HALF YEAR ENDED 30TH SEPTEMBER. 2016
Particulars
ruN AUDITEDl
Sr.No.
Quarter Ended
30.09.2016
30.06.2016
30.09.2015
1

6
7

finance cost but before exceptional

61

4
5

8
9
10
11
12
13
14
15

16

237.99

335.73

237.99

335.73

315.32

315.32

573.72

573_72

617.49

617.49

1.194.31

1.194.31

Expenses
a.Cost of material Consumed
b.Purchase of Stock In Trade
c.Changes in inventories of FG.WIP & Stock In
Trade
d. Employee benefit Expenses
e.Depreciation & amortisation expenses
f. Other Expenditure
Total Exnenses
income. finance cost and exceptional
items.(1-21
Other Income
Profit/CLoss) from ordinary activities
before. finance cost and exceptional
items.(3+41
Finance Cost

fRs. Millionsl
[AUDITED}
Year Ended
31.03.2016

Income From Operations

a) Net Sales/ Income from operations (Net of
Excise Duty)
b1 Other Oneratinz Income
Total Income From Operations(Net}

ruN AUDITEDl
Half Year Ended
30.09.2016
30.09.2015

58.83

89.30

92.24

148.13

181.67

-.

349.31

0.30
18.08
28.91
76.88
183.01

0.38
17.51
28.52
94.74
230.45

1.96
16.13
32.55
113.55
256.43

0.69
35.59
57.42
171.62
413.45

4.01
31.26
74.64
225.80
517.38

10.11
74.77
107.19
385.90
927.28

54.99
0.18

105.28
1.59

58.89
1.75

160.27
1.77

100.11
4.25

267.03
11.78

55.17
39.32

106.87
39.92

60.64
42.84

162.05
79.24

104.36
83.15

278.81
156.24

66.95

17.80

items.(515.84

Exceptional/Prior Period Items

Profit/CLoss) from ordinary activities before
Tax(7+81
Less-Tax Expenses
Net Profit( +)/Loss (-) from ordinary activities
after tax
Net Profitf +1/Loss r -1 for the period
Paid -up Equity Share Capital (Face value of Re.
1 each)
Reserve excluding rev-reserves as per balance
sheet of previous accounting year
Earning per share (before Extra ordinary
item1fofRe.1 each notannualised)
a) Basic
b) Diluted
Earning per share (after Extra ordinary item)(o'f
Re. 1 each not annualised1
a) Basic
b1 Diluted

(3.151

(15.571

(0,401

82.81

21.21

122.57

(18.73

(2.65

359.05

64.08

18.55

481.62

12.69

51.39

51.39
.51.39

17.40
17.40

64.08
64.08

18.55
18.55

481.62
481.62

51.78

51.78

51.78

51.78

51.78

12.69
12.69
51.78

17.40

[418.37

0.31
0.31

1.29
1.29

0.34
0.34

1.60
1.60

0.41
0.41

2.37
2.37

0.25
0.25

0.99
0.99

0.34
0.34

1.24
1.24

0.36
0.36

9.30
9.30

NOTES:
1. The above results are in accordance with the mandatory Accounting Standards Issued by the lCAI.
2. Figures for the previous periods have been regrouped wherever required.
3. The above results were reviewd by the Audit Committee and approved by the Board of Directors at their meeting held on 14th November.2016 and
statutory auditors have done limited review for the same.
PLACE: MUMBAI

DATE:- 14TH NOVEMBER.2016

THtULTIMATE

INFRASTRUCTURE & STORAGE SOLUTIONS

Continuation

GANESH BENZOPLAST LIMITED

SEGMENTWISEREVENUE,RESULTS& CAPITALEMPLOYEDFOR THE QUARTERAND HALFYEARENDED30TH SEP,2016 AS PER REGULATION33 OF SEBI

[RS.IN MILLIONS)
LODR1REGULATJON,2015
SR.
PARTICULARS
[UN AUDlTED1
[UNAUDITED
AUDITED
Quarter Ended
NO.
Half Year Ended
Year Ended
30.09.2016
30.06.2016
30.09.2015
30.09.2016
30.09.2015
31.03.2016

1.

Segment Revenue (Net sales and Services)

a} Chemical DIvision
b) LSTDivision
Tola! Segment Revenue

79.08
158.91
237.99

Net sales flncome from Operations

237.99

200.34
373.39
573.72

262.32
355.18
617.50

503.86
690.45
1,194.31

335_73

315.32

573.72

617,50

1,194.31

SegDlent Results
Profitt +}fLoss [-) Before Tax and Interest
a} Chemical Division

b) LSTDivision
Total
Less:- Finance Cost
Add:- Un -allocable income
Less:-Un-a1locable Expenditure
Tola! Prollt /[Loss) Before Tax & Exceptio

3.

136.46
178.86
315.32

Less: Inter Segment Revenue

2.

121.25
214.48
335.73

(22.84)
77.82
54.99
[39.32)
0.18

[14.58)
119.87
105.29
[39.92)
1.59

[5.10)
63.99
58.89
[42.84)
1.75

[37.42)
197.69
160.27
[79.24)
1.77

[22.75)
122.85
100.10
(83.15)
4.25

(62.05)
329.07
267.02
[156.24)
11.78

15.84

66.96

17.80

82.81

21.20

122.56

Exceptional Income/(Expense1

[3.151

[15.57

[0.40

[18.73

[2.651

359.05

Tola! Prollt f[Loss) Before Tax

Less:- Tax Expenses
Total Prollt I[Loss1 After Tax
capital Empolyed
[Segment assets- Segment liabilities)
a} Chemical Division
b} LSTDivision
Total capital Employed In Segments
c}Add: Unalloeable Corporate Assets less Liabilit
Total capital Employed In the Company

12.69

51.39

17.40

64.08

18.55

481.62

12.69

51.39

17.40

64.08

18.55

481.62

10.64
1.301.04
1,311.67
123.03
1,434,71

1.18
1,254.11
1,255.29
227.20
1,482.49

76.90
1,071.42
1,148.32
356.05
1,504.37

10.64
1,301.04
1,311.67
123.03
1,434.71

76.90
1,071.42
1,148.32
356.05
1,504.37

STATEMENTOF ASSETS& LIABILITIESAS ON 30TH SEP,2016 [Rs.ln Millions)

PARTICULARS
30-Sep-16
' 31-Mar-16
H
Shareholders' funds
Share capital
57.06
57.06
[354.29
[418.37
Reserves and surplus
(361.31)
(297.23)
Non-current llablllties
Long-term borrowings
1,684.64
1,775.72
Trade payables
Other long-term liabilities
Long-term provisions
17.29
18.02
1,701.93
1,793.74
Current lIabUities
Short-term borrowings
2.49
2.49
473.43
Trade payables
433.32
Other current liabilities
292.34
249.34
Short-term provisions
4.08
4.08
772.35
689.23
TOTAL
2,121.66
2,177.05

,~#i!l~an((!!~bllit~:~ib

:"'
Fixed assets
Tangible assets

Capital work-in-progress
Non-current

investments

Deferred tax assets [net)

Long-term loans and advances
Current assets
Current investments
Inventories
Trade receivables
Cash and bank balances
Short-term loans and advances
Other current assets
TOTAL
PLACE: MUMBAI

DATE:- 14TH NOVEMBER,2016

1.315.40
199.42

1.372.40
150.92

0.22

0.22

162.17
1,677.20

139.20
1,662.74

25.53
224.57
23.47
224.73
1.56
499.86
2,177.05

26.76
181.35
33.01
216.24
1.56
458.92
2,121.66

10.16
1.248.87
1,259.03
173.18
1,432,21

Sheet ...

SAMRIA

&

CO.

CHARTERED ACCOLTNTANTS

Off.: 91 22 2201 8158

Fax: 91 22 2206 6982
E-mail: samriaco@gmail.com

ZlE,Cowt Chambers,
35, New Marine Lines,
Mumbai 400 020.

AUDITOR'S LIMITED REVIEW RBPORT

Review Report to the Board of Directors of

M/s Ganesh Benzoplast Limited

We have reviewed the accompanyrng statement of unaudited financiai resrilts of M/ s

Ganesh Benzoplast Limited for the period ended September 30, 2016. This statement is
the responsibiliry of the Company's Management and has been approved by the Board of
Directors. Our responsibiliry is to issue a report on these financial statements based on
our review.

We conducted our review in accordance with the Standard on Review Engagement

(SRE) 2400, Engaganents to Ruiew Financial Statements issued by the Institute of Chartered
Accounrants 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
misstatement. A revieur is Limited primarily to inquiries of company personnei and
analyacalprocedures applied to financial data and thus provides less assurance than an
audit. We have not performed an audit and accordingly, we do not express an audit
opinlon.
Based on our review conducted as above, nothing has come to our attention that causes

us to believe that the accompanying statement of unaudited financial results prepared in

accordance with applicable accounting standards and other recognized accounting
practices and policieJ hus not disclosed rhe information required ro be disciosed in terms
of Regularion 33 of the SEBI (Lisring Obligarions and Disclosure Requirements)
Regulations, 2015 including the manner in which it is to be disclosed, or that it contains
any material misstatement.

For Samria & Co.

Chartered Accountants

Sffi.{t^'

CA ShiVraj Rathi
Parhrer

Membership No: - 112376

Place:Mumbai

Date: November 14,2016