MANUGRAPH INDIA LIMITED Technology in Print Registered Office: Sidhwa House, N. A. Sawant Marg, Colaba, Mumbai – 400 005. CIN: L29290MH1972PLC015772 Tel No.: 022-22852256 / 57 / 58 Fax No.: 022-22870702 Email: sharegrievances@manugraph.com Website: www.manugraph.com STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED 30TH SEPTEMBER, 2014 Quarter ended PARTICULARS 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. Income from operations Domestic sales Export sales (a) Net sales (Net of excise duty) (b) Other operating income Total i ncome from operations (net) Expenditure (a) Cost of materials consumed (b) Purchases of stock-in-trade (c) Changes in inventories of finished goods, work-in-progress & stock-in-trade (d) Employee benefits expense (e) Depreciation & amortisation expense (f) Other expenses Total expenditure Profit from operations before other income, finance costs & exceptional items (1-2) Other income Profit from ordinary activities before finance costs & exceptional items (3+4) Finance costs Profit from ordinary activities after finance costs but before exceptional items (5-6) Exceptional item (Refer Note 4) Profit / (Loss) from ordinary activities before tax (7-8) Tax expense / (Tax credit) Net Profit / (Loss) from ordinary activities after tax (9-10) Extraordinary items (net of tax expense Rs.----) Net Profit / (Loss) for the period (11-12) Paid-up equity share capital (Face value of Rs. 2/- each) Reserve excluding revaluation reserves as per balance sheet of previous accounting year a) Earnings per share of Rs.2/- before exceptional items Basic & diluted (Refer Note 6) (* Not annualised) (Rs.) b) Earnings per share of Rs.2/- after exceptional items Basic & diluted (* Not annualised) (Rs.) Particulars of shareholding i) Public shareholding - Number of shares - Percentage of shareholding (%) ii) Promoters & Promoter group shareholding (a)Pledged / encumbered - Number of shares - Percentage of shares (as a % of the total shareholding of promoter & promoter group) - Percentage of shares (as a % of the total share capital of the company) (b)Non-encumbered - Number of shares - Percentage of shares (as a % of the total shareholding of promoter & promoter group) - Percentage of shares (as a % of the total share capital of the company) (Rs. in crores) Year Six months ended ended 30-09-2014 30-09-2013 31-03-2014 Unaudited Audited 30-09-2014 30-06-2014 Unaudited 30-09-2013 43.45 15.79 59.24 3.42 62.66 34.58 21.46 56.04 2.02 58.06 50.31 40.91 91.22 3.83 95.05 78.03 37.25 115.28 5.44 120.72 83.10 55.74 138.84 6.38 145.22 159.36 83.15 242.51 13.43 255.94 34.95 - 37.76 - 50.56 - 72.71 - 93.33 - 146.30 - 4.02 13.86 2.09 7.47 62.39 (2.19) 13.47 2.17 11.31 62.52 7.37 12.77 3.58 12.27 86.55 1.83 27.33 4.26 18.78 124.91 (4.59) 24.81 5.24 21.92 140.71 8.95 51.68 10.26 44.15 261.34 0.27 1.27 (4.46) 0.80 8.50 0.03 (4.19) 2.07 4.51 2.69 (5.40) 4.59 1.54 0.27 (3.66) 0.20 8.53 0.34 (2.12) 0.47 7.20 0.59 (0.81) 1.20 1.27 - (3.86) - 8.19 10.79 (2.59) - 6.61 10.79 (2.01) 10.79 1.27 (0.71) (3.86) 0.22 (2.60) (1.93) (2.59) (0.49) (4.18) (2.06) (12.80) (5.04) 1.98 1.98 6.08 (4.08) (4.08) 6.08 (0.67) (0.67) 6.08 (2.10) (2.10) 6.08 (2.12) (2.12) 6.08 (7.76) (7.76) 6.08 - - - - - 221.50 0.65* (1.34)* 2.13* (0.69)* 1.65* (0.08) 0.65* (1.34)* (0.22)* (0.69)* (0.70)* (2.55) 13,029,269 42.84 13,029,269 42.84 13,029,269 42.84 13,029,269 42.84 13,029,269 42.84 13,029,269 42.84 - - - - - - - - - - - - - - - - - - 17,385,792 17,385,792 17,385,792 17,385,792 17,385,792 17,385,792 100.00 100.00 100.00 100.00 100.00 100.00 57.16 57.16 57.16 57.16 57.16 57.16 18. Investor Complaints Quarter ended 30-09-2014 PARTICULARS Pending at the beginning of the quarter Received during the quarter Disposed off during the quarter Remaining unresolved at the end of the quarter NIL 3 3 NIL STANDALONE STATEMENT OF ASSETS AND LIABILITIES PARTICULARS A 1. EQUITY & LIABILITIES Shareholders’ funds (a) Share Capital (b) Reserves & Surplus 3. B 1. 2. Year ended 30-09-2014 31-03-2014 Unaudited Audited 6.08 218.26 224.34 6.08 221.50 227.58 Sub-total - Non-current liabilities 0.10 2.79 2.89 0.08 2.27 2.35 Sub-total -Current liabilities TOTAL - EQUITY & LIABILITIES 5.13 32.43 46.51 9.14 93.21 320.44 23.33 53.44 12.44 89.21 319.14 Sub-total - Non-current assets 42.65 72.45 3.44 13.10 24.28 155.92 46.38 72.45 2.41 11.94 23.03 156.21 Sub-total - Current assets TOTAL - ASSETS 36.13 72.34 34.65 14.95 2.63 3.82 164.52 320.44 35.80 78.88 18.26 22.73 2.71 4.55 162.93 319.14 Sub-total - Shareholders’ funds 2. (Rs. in crores) Six months ended Non-current liabilities (a) Long-term borrowings (b) Deferred tax liabilities (net) (c) Other long-term liabilities (d) Long-term provisions Current liabilities (a) Short-term borrowings (b) Trade payables (c) Other current liabilities (d) Short-term provisions ASSETS Non-current assets (a) Fixed assets (b) Non-current investments (c) Deferred tax assets (net) (d) Long-term loans & advances (e) Other non-current assets Current assets (a) Current investments (b) Inventories (c) Trade receivables (d) Cash & bank balances (e) Short-term loans & advances (f) Other current assets NOTES: financial results were reviewed by the Audit Committee and approved by the Board of Directors at its 1. The above unaudited meeting held on 31st October, 2014. 2. The statutory auditors have carried out “Limited Review” of the above results in accordance with Clause 41 of the Listing Agreement. 3. The Company has one segment of activity relating to production of printing machines. 4. During the previous year the Company had implemented Voluntary Retirement Scheme, 2013. The compensation paid Rs. 10.79 crores during the previous quarter ended 30th September, 2013 based on employees retired under the scheme is debited to the Statement of Profit and Loss and shown as exceptional item. The deferred tax impact thereon of Rs.2.80 crores is part of the deferred tax under tax expense. st 5. In accordance with the provisions of schedule II to the Companies Act 2013 effective from 1 April, 2014 the Company has revised the useful lives of its fixed assets. As a consequence of such revision, the charge for depreciation is lower than the previously applied rate by Rs.0.36 crore for the quarter and Rs.0.64 crore for the six months ended 30th September, 2014. For assets that have completed the useful lives as a consequence of the aforesaid revision, the carrying value as on 1st April, 2014 of Rs.1.68 crore has been charged to the opening balance of the surplus in Statement of Profit & Loss. Deferred Tax effect thereon of Rs.0.54 crore is also adjusted in the opening balance of surplus in Statement of Profit & Loss. 6. The earning per share before exceptional item for the previous period / year ended 31st March, 2014 has been computed without considering the current and deferred tax effect on the exceptional item. 7. Previous period figures have been re-grouped and re-arranged wherever necessary to make them comparable with those of the current period. On Behalf of the Board For MANUGRAPH INDIA LIMITED Place : Mumbai SANJAY SHAH Dated : October 31, 2014 Vice Chairman & Managing Director