MSTL: SEC: BSE: 2016:

2th October 2016

To
The General Manager
The Department of Corporate Services - CRD
Bombay Stock Exchange Ltd,
PJ Towers, Dalal Street,
Mumbai. - 400001

Ref: i. Board meeting Notice 14th October, 2016

ii. Scrip Code: 532407

In furtherance to the board meeting Notice dated 14th October, 2016, we wish to inform
you that the Board of Directors of the Company in its meeting held on 27th October 2016
interalia has taken on record the unaudited financial results for the quarter & Half year
ended 30th September 2016.
A copy of the unaudited financial results for the quarter & Half year ending 30th September
2016 together with limited review report is enclosed for your record.

Yours truly,
For MosChip Semiconductor

Technology

Limited

CS Suresh Bachalaku
Company Secretary & Co

MOSCHIP SEMICONDUCTOR TECHNOLOGY LTD.

CIN:L31909TG1999PLC032184
Plot No. 83 & 84, 2nd Floor, Punnaiah Plaza, Road No.2, Banjara Hills, Hyderabad-500 034. INDIA
Tel: +91 4066229292, Fax: +91 4066229393 Website: www.moschip.com

MOSCHIP SEMICONDUCTOR TECHNOLOGY LIMITED

Regd Office: Plot No.83 & 84, 2nd Floor. Punniah Plaza. Road No.2.Banjara Hills, Hyderabad 500 034
Ph: 04066229292 Fax: 04066229393
CIN: L31909TG1999PLC032184

IRs, In Lakhs

30.09.2016
UnAudited
698.25
21.65
719,90

30,06,2016
UnAudited
173.70
129.28
302,98

Corresponding 3
Months Ended in
the Previous
Year
30,09,2015
UnAudited
99.12
2.31
101.43

a. Increase/ decrease in stock In trade and work in proQress

b. Consumption of raw materials
c. Purchase of traded Qoods
d. Employee cost
e. Depreciation
f. Other expenditure
10.Total
Interest
Excentional items

253.62
0.00
0.00
218.10
3.82
161.52
637.06
46.77
0.00

118
0.00
0.00
155.80
3.52
70.60
231.10
57.15
0.00

Profit Before (+) / Loss (.) from Ordinary Activities before tax (3)-(4+5+6)

36.07

Previous 3 Months
Ended

3 Months Ended

1
2
3
4

5
6
7
8
9
10
11
12
13
14

15

16

Net Sales/Income /rom Ooerations (Excludina Inter.co. Revenue)

Other Income
Total Income (1+2)
Expenditure

Tax Exoense
Net Profit 1+1/ Loss I) from OrdinarY Activities after tax (781
Extraordinarv / Prior Period Items
Net Profit 1+) / Loss 1-\ for the oeriod /9101
Paid-uo eauitv share Capital (Face value Rs. 21-each)
Reserves excludina revaluation reserves
EarninQs Per Share (Not Annuaiised) Rs.
a) Before Extraordinary and Prior Period Items
Basic
Diluted
a) After Extraordinarv and Prior Period Items
Basic
Diluted
Public shareholdinQ
No. of Shares
% of Shareholdino
Promoters and Promoter QroupshareholdinQ
a) PledQed/Encumbered
- Number of Shares
- Percentage of Share (as a % of the total shareholding of promoter and
promoter Qroup)
b) Non-encumbered
- Number of Shares
- Percentage of shares (as a % of the total shareholding of promoter and
promober Qroup)
- Percentaoe of shares (as a % of the total share capital of the company)

Year ended 31
March

Six months ended 30 September

2016
Unaudited
871.95
150.93
1,022,88

2015
Unaudited
235.81
9.08
244.89

2016
Audited
536.35
14.92
551.27

081
0.00
0.00
109.46
1055
80.72
201.54
56.42
0.00

25480
0.00
0.00
37390
734
232.12
868.16
103.92
0.00

1.97
0.00
0.00
283.76
9.18
158.60
453.51
146.56
0.00

4.67
0.00
0.00
608.37
17.82
757.94
1388.80
308.10
099

14,73

(156,53)

50,80

(355,18)

(1,146,62)

0.00
36,07
0.11
35,96
2275.85
NA

0.00
14.73
0.00
14,73
2275.85
NA

0.00
1156,53
/15.45
1141.07
920.71
NA

0.00
50.80
0.11
50.69
2275.85
NA

0.00
1355,18
25.28
1380.46
920.71
NA

0.00
11146,62
47.24
11.193.86
920.71
1 686.48

0.03
0.03

0.01
0.01

(1.70)
(1.70)

0.04
0.04

(0.77)
(0.77)

(2.49)
(249)

0.03
0.03

0.01
0.01

(1.53)
(1.53\

004
004

(0.83)
(0.83

(2.59)
12.59

3,79,11,504
33.32%

3,79,11,504
33.32%

3,75,66,049
81.60%

3,79,11,504
33.32%

3,75,51,549
81.57%

3,75,81,549
81.64%

Nil
Nil

Nil
Nil

Nil
Nil

Nil
Nil

Nil
Nil

Nil
Nil

7,58,81,013
100

7,58,81,013
100

84,69,468
100

7,58,81,013
100

84,83,968
100

84,53,968
100

66.68%

66.68%

18.40%

66.68%

18.43%

18.36%

Notes:

The above results are after consolidating the results of the Company with its Wholly owned subsidiary MosChip Semiconductor Technology,USA

As at 30.09.2016
Unaudited

Particulars
A

EQUITY AND LIABILITIES

1 Shareholders' funds
(a) Share capital
(b) Reserves and surplus
Subtotal Shareholders' funds

22,75,85,034
19,89,87861
128597173

2 Share Application Money pending for A1lotmenl

Sublolal Share Application Money

26,96,980
2696980

3 Noncurrenlliabilities
(a) Long-term provisions
Sublolal Noncurrenlliabililies
4 Currenlliabililies
(a) Short-term borrowings
(b) Trade payables
(c) Short-term provisions

As at 30.09.2015
Unaudited

8026485
8026485

9,20,71,034
125,38,79,723
/1618.08689

80,25,485
8025485

Sublolal Currenlliabilities

12,17,71,875
2,72,68,743
613,53049
210393667

20,38,24,008
3,13,54,982
6,29,89,911
298168901

TOTAL EQUITY AND LIABILITIES

349714305

144385697

ASSETS
1 Noncurrenl assets
(a) Fixed assets
(b) Long-term loans and advances
Sublolal Noncurrenl assels

28,06,147
46,49,056
7455203

32,58,858
51,22,241
8381099

2 Currenl assets
(a) Inventories
(b) Trade receivables
(c) Cash and cash equivalents
(d) Short-term loans and advances
Sublolal Currenl assets

9,65,76,390
6,87,76,088
7,29,88,536
10,39,18,088
342259103

8,34,97,199
1,24,35,966
1,47,15,142
2,53,56290
136004598

349714305

144385697

TOTAL ASSETS

Rs. In Lakhs\
3 Months Ended

1
2
3
.\

5
6
7
8
9
10
11
12
13
14

15

16

Previous 3 Months
Ended

Year ended 31
March

Six months ended 30 September

2016
Unaudited
825,68
150.93
976.61

2015
Unaudited
284.55
135.54
420.09

2016
Audited
509.52
14.92
524.44

0,00
0,00
0.00
148.46
4.54
71.40
224.40
78,78
0.00

259,91
0,00
0,00
355.30
7.34
190.46
813.02
101.91
0.00

0.00
0.00
0.00
295.84
8.06
136.41
440.31
133.92
0.00

259.91
0.00
0.00
580.93
17.65
700.11
1558.60
296.36
0.26

12.96

(167.11)

61.68

(154.14)

(1,330.78)

0,00
12.96
0,00
12.96
2275,85
NA

0,00
(167.11
25.28
(192.39
920,71
NA

0,00
1154.14
25,28
(179.42
920.71
NA

0,00
11330.78
47,23
11,378.01
920.71
66.81

0.04
0.04

0,01
0,01

(0,36)
(0,36)

0.05
0,05

(0.33)
(0.33)

(2.89)
(2.89)

0.04
0.04

0,01
0,01

(0.42)
10.42

0.05
0.05

(0.39)
10.39

(2.99)
(2.99\

3,79,11,504
33.32%

3,79,11,504
33,32%

3,75,51,549
81,57%

3,79,11,504
33,32%

3,75,51,549
81,57%

3,75,81,549
81.64%

Nil
Nii

Nil
Nil

Nil
Nil

Nil
Nil

Nil
Nil

Nil
Nil

7,58,81,013
100

7,58,81,013
100

84,83,968
100

7,58,81,013
100

84,83,968
100

84,53,968
100

66,68%

66.68%

18.43%

66.68%

18.43%

18,36%

30.09.2016
UnAudited
670.94
21.65
692.59

30.06.2016
UnAudited
154.74
129.28
284.02

a. Increase/ decrease in stock in trade and work in prOllress

b. Consumption of raw materiais
c. Purchase of traded QOods
d. Employee cost
e. Depreciation
f, Other expenditure
a.Total
Interest
Exceotional items

259.91
0.00
0.00
207.92
3.82
125.45
597.10
46.77
0.00

0,00
0,00
0,00
147.38
3,52
65,01
215,92
55.14

Profit Before (+) I Loss (.) from Ordinary Activities before tax (3)-(4+5+6)

48.72

Net Sales/Income from Ooerations

Other Income
Total Income (1+2\

Corresponding 3
Months Ended in
the Previous
Year
30.09.2015
UnAudited
129,81
6.26
136.07

FXnP.nrlihlrp.

Tax Exoense
Net Profit (+\ I Loss (.\ from Ordinary Activities after tax (78\
Extraordinary / Prior Period Items
Net Profit (+\ I Loss (.\ for the period (910)
Paid-uo eouitv share Caoital (Face value Rs. 2/- eachl
Reserves excludina revaluation reserves
Eaminas Per Share (Not Annualisedl Rs.
a) Before Extraordinary and Prior Period Items
Basic
Diluted
a) After Extraordinary and Prior Period Items
Basic
Diluted
Public shareholdinQ
No, of Shares
% of Shareholdino
Promoters and Promoter Qroup shareholdinQ
a) Pledaed/Encumbered
- Number of Shares
- Percentage of Share (as a % of the total shareholding of promoter and
promoter Qroup)
bl Non-encumbered
- Number of Shares
- Percentage of shares (as a % of the total shareholding of promoter and
promober aroup)
- Percentaae of shares las a % of the total share caoital of the comoanvl

0.00
48.72
0.11
48.61
2275.85
NA

0.00
61.68
0.11
61.57
2275.85
NA

Particulars
EQUITY AND LIABILITIES

As at 30.09.2016

As at 30.09.2015

Unaudited

Unaudited

1 Shareholders' funds

Subtotal- Shareholders' funds

22,75,85,034
16,59,02,568
161682466

2 Share Application Money pending for Allotment

Sub-total Share Application Money

26,96,980
2696980

(a) Share capital

(b) Reserves and surplus

9,20,71,034
(22,67,51,108
(134680074

2 Noncurrent liabilities
Sub-total - Non-current liabilities

77,47,784
77 47784

78,97,841
7897841

Sub-total- Current liabilities

12,17,71,875
15,81,371
10,10,19,849
224373095

21,27,22,906
2,69,96,475
5,42,32,911
293952291

TOTAL EQUITY AND LIABILITIES

396500325

167170058

(a) Long-term provisions

3 Current liabilities
(a) Short-term borrowings
(b) Trade payables
(c) Short-term provisions

ASSETS
1 Non-current assets
(a) Fixed assets
(b) Non-current investments
(c) Long-term loans and advances

Subtotal - Non-current assets

27,29,874
9,56,989
44,96,500
8183363

31,03,980
9,56,989
43,16,500
8377469

5,45,68,992
16,01,57,814
6,96,72,068
10,39,18,088
388316962

3,74,25,070
8,46,64,773
1,46,58,958
2,2043,788
15,87,92,589

396500325

167170058

2 Current assets
(a)
(b)
(c)
(d)

Inventories
Trade receivables
Cash and cash equivalents
Short-term loans and advances

Sub-total Current assets

TOTAL ASSETS

Notes:
1) The Company's
applicable.

business activity falls within a single primary business segment i.e., software development

and product sales and hence furnishing

of segment wise revenue, results and capital employed

3) The above Unaudited results were reviewed by Audit Committee and approved by the Board of Directors at their meeting held on 27 October 2016.

4) The Statutory Auditors have carried out a limited review of the Un-audited financial results of the Company (Standalone) for the quarter ended 30 September 2016.
5) Previous quarter/year figures have been regrouped / reclassified wherever necessary.

Hyderabad

K Ramachandra Reddy
Chairman&CEO

270ct16

AC::l"t~
;/,
rJ

For Gokha/e
Chartered
han
PCart e

& Co

dtA

shekh

kha/e

is not

GOKHALE

& CO

Chartered Accountants
3-6-322, Off No 403, Mahavir House, Basheerbagh, Hyderabad 500029
Ph Nos 2322 1167 23228874 email: gokhaleandco@gmail.com

We have reviewed the accompanying

statement of unaudited financial results of

Moschip Semiconductor Technology Limited, for the second quarter ended
30-09-2016. 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.
We conducted our 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 we plan and perform the review to obtain moderate assurance
as to whether the financial statements are free of material misstatement. A review is
limited primarily to inquiries of company personnel and an analytical procedures
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 opinion.
Based on our review conducted as stated above nothing has come to our attention that
causes us to believe that the accompanying statement, prepared in accordance with
the Accounting Standards specified under Section 133 of The Companies Act, 2013
and other accounting principles generally accepted in India, has not disclosed the
information required to be disclosed in terms of Regulation 33 of the Securities
Exchange Board of India ( Listing Obligations and Disclosure Requirements )
Regulations, 2015 including the manner in which it is to be disclosed, or that it
contains any material misstatement.
For Gokhale & Co
Chartered Accountants

FRN 000942S

c/

~h

fft.hv'L.

Chandras
ar Gokhale
Partner
MNo 023839