| AUDITED FINANCIAL RESULTS FOR THE QUARTER / FINANCIAL YEAR ENDED 31st MARCH 2013 |
| Rs. lacs |
| |
Particulars |
For the Quarter / three months ended |
For the Year ended |
| 31.03.2013 |
31.12.2012 |
31.03.2012 |
31.03.2013 |
31.03.2012 |
| (Audited) |
(UnAudited) |
(Audited) |
(Audited) |
| |
|
|
|
|
|
|
| 1 |
Income from Operations |
|
|
|
|
|
| |
(a) Net sales / income from operations (net of excise duty) |
6,188.76 |
5,956.33 |
6,279.01 |
23,038.72 |
25,354.61 |
| |
(b) Other Operating Income |
(19.62) |
64.90 |
72.23 |
179.50 |
216.21 |
| |
Total Income from operations (net) |
6,169.14 |
6,021.23 |
6,351.24 |
23,218.22 |
25,570.82 |
| 2 |
Expenses |
|
|
|
|
|
| |
(a) Cost of materials consumed |
3,431.26 |
2,845.23 |
3,121.85 |
12,079.90 |
13,179.28 |
| |
(b) Purchases of stock-in-trade |
- |
- |
- |
- |
- |
| |
(c) Changes in inventories of finished goods & work-in-progress |
(518.04) |
85.41 |
(59.52) |
(770.64) |
(185.35) |
| |
(d) Employee benefits expense |
705.00 |
911.96 |
803.27 |
3,432.87 |
3,337.58 |
| |
(e) Depreciation and amortisation expense |
198.01 |
193.92 |
174.26 |
779.77 |
762.50 |
| |
(f) Other expenses |
2,167.31 |
1,992.85 |
1,964.36 |
7,860.02 |
7,042.22 |
| |
Total Expenses ( a ... f ) |
5,983.54 |
6,029.37 |
6,004.22 |
23,381.92 |
24,136.23 |
| 3 |
Profit/(Loss) from Operations before Other Income,
finance cost & Exceptional items (1-2) |
185.60 |
(8.14) |
347.02 |
(163.70) |
1,434.59 |
| 4 |
Other Income |
28.68 |
10.51 |
18.24 |
52.82 |
67.35 |
| 5 |
Profit / (Loss) from ordinary activities
before finance costs & Exceptional items (3+4) |
214.28 |
2.37 |
365.26 |
(110.88) |
1,501.94 |
| 6 |
Finance costs |
42.88 |
87.53 |
66.24 |
299.81 |
386.39 |
| 7 |
Profit / (Loss) from ordinary activities after finance costs
but before exceptional items (5-6) |
171.40 |
(85.16) |
299.02 |
(410.69) |
1,115.55 |
| 8 |
Exceptional items: |
- |
- |
- |
- |
- |
| 9 |
Profit / (Loss) from Ordinary
Activities Before Tax (7 - 8) |
171.40 |
(85.16) |
299.02 |
(410.69) |
1,115.55 |
| 10 |
Tax expense |
|
|
|
|
|
| |
- Current Tax |
(0.25) |
- |
236.35 |
(0.25) |
399.72 |
| |
- Previous Year's Tax |
(45.86) |
- |
- |
(45.86) |
- |
| |
- Deferred Tax |
16.00 |
- |
(176.52) |
16.00 |
(172.39) |
| 11 |
Net Profit/ (Loss) from Ordinary
Activities After Tax (9 - 10) |
141.29 |
(85.16) |
239.19 |
(440.80) |
888.22 |
| 12 |
Extraordinary Items (net) (net of tax expense) |
- |
- |
411.79 |
- |
831.76 |
| 13 |
Net Profit / (Loss) for the period (11 - 12) |
141.29 |
(85.16) |
(172.60) |
(440.80) |
56.46 |
| 14 |
Paid up Equity Share Capital-Face Value-Rs.10/- each |
393.46 |
393.46 |
393.46 |
393.46 |
393.46 |
| 15 |
Reserves excluding Revaluation Reserve as per balance sheet |
|
|
|
8,787.35 |
9,228.15 |
| 16 |
Earnings Per Share (EPS) - in Rs. |
|
|
|
|
|
| |
i) Basic and diluted EPS before
Extraordinary items (not annualised) - in Rs. |
3.59 |
(2.16) |
6.08 |
(11.20) |
22.57 |
| |
ii) Basic and diluted EPS after Extraordinary items (not annualised) - in Rs. |
3.59 |
(2.16) |
(4.39) |
(11.20) |
1.44 |
| See accompanying note to the financial results |
| PART II |
| |
Select information for the quarter and year
ended 31st March 2012 and same period of previous year |
| A |
PARTICULARS OF SHAREHOLDING |
|
|
|
|
|
| 1 |
Public shareholding
|
|
|
|
|
|
| |
- Number of shares |
1,376,505 |
1,392,734 |
1,392,734 |
1,376,505 |
1,392,734 |
| |
- Percentage of shareholding |
35.0% |
35.4% |
35.4% |
35.0% |
35.4% |
| 2 |
Promoters and Promoter Group Shareholding |
|
|
|
|
|
| |
a. Pledged/Encumbered |
|
|
|
|
|
| |
- Number of shares |
Nil |
Nil |
Nil |
Nil |
Nil |
| |
-
Percentage of shares (as a % of the total shareholding
of the promoter and promoter group) |
Nil |
Nil |
Nil |
Nil |
Nil |
| |
-
Percentage of shares (as a % of the total share capital
of the company) |
Nil |
Nil |
Nil |
Nil |
Nil |
| |
b. Non-encumbered |
|
|
|
|
|
| |
- Number of shares |
2,558,070 |
2,541,841 |
2,541,841 |
2,558,070 |
2,541,841 |
| |
- Percentage of shares (as a % of the total shareholding of the promoter and promoter group) |
100% |
100% |
100% |
100% |
100% |
| |
- Percentage of shares (as a % of the total share capital of the company) |
65.0% |
64.6% |
64.6% |
65.0% |
64.6% |
|
Particulars |
3 months ended 31st March 2013 |
| B. |
INVESTOR COMPLAINTS |
NIL |
| |
Pending at the beginning of the quarter |
NIL |
| |
Received during the quarter |
NIL |
| |
Disposed of during the quarter |
NIL |
| |
Remaining unresolved at the end of the quarter |
NIL |
| Note: |
| 1 |
The operations of the Company relate only to one segment viz., friction materials. |
| 2 |
The above results were reviewed by the Audit Committee at its Meeting held on 28th May 2013 and approved by the Board of Directors at its meeting held on 29th May 2013. |
| 3 |
Prior period figures have been regrouped wherever necessary to conform to current period classification. |
| On behalf of the Board |
| For SUNDARAM BRAKE LININGS LIMITED |
|
Chennai
29th May 2013 |
KRISHNA MAHESH
JOINT MANAGING DIRECTOR |
| Visit our website: www.tvsbrakelinings.com |
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