Piclqrehouse Medio Limite

Chennai
November 6, 201.5

The BSE Ltd.

Phiroze Jeqjeebhoy llowers
Dalal Street Fort,
Mumbai- 400 001
Dear Sir(s)/Madam(s|,

Sub: Outcome of the Meeting of Board of Directors

Ref: Clause 41 of the Listing Agreement
Scrip Code: 532355

rding

With refergnce to thE subject matter cited above, we

of Directorg of the Company at its Meeting held on Frid

ld like to inform you that the Board

, Novembe r 6, 2015, have inter-aliq,

1.

ne)of the Company for the quarter

2.

Apprqved the Unaudited Financial Results (Stan

ended September 30, 2015,
Apprqved the Limited Review Report submitted
quarter.

the Statutory Auditors for the said

Further, plgase find enclosed copy of the Un-audited Financial Results and a copy
of the
Limited Review Report for the quarter ended Septembe 30, 2015.
Kindly take the above information on records

Thanking yqu.
Yours sincelely,

for

PICTURFHOUSE MEDTA LtMtTED

Mona Rajopa
Company SBcretary
Enclosed: a/a

illedio Limited.
84 4rh Floor Punnoioh Plozo Rood No. 2
Hyderobod - 500 034 t +9I 40 67309999

Corp,

Plot No. 83 &

Bonioro
F: +91 40

Regd,
Chennoi

KRM
-

031

Centre 9th Floor No. 2 Horrington Rood Chetpef

T: +91 443028 5570 F: +91 443028557i

lobol.com I pvpcinemo.com

['icturehouse NIedia Limited

Registered office: Door No.2,9rh Floor, KRM c(,nrle. Harrington Road,
chetpet, chennai-600031 web: www.pvpcrnema.com
Un,rudited Financial llesul.ts for the euarter dnd HaU year ended Septetnber
30. 201S
C.lN: L92191TN2000P LC044O77

l'art-l statement of standalone Ffurancial Results for the

tl,,t,

euutu ant

Flalri vear ended Sentenrhpr

t'

* ' 'r'

,,.

:rc@:ls,,

Sa

les/ lncorne front oporatiotls (Net

f exeise

cl u

tr,)

Unauaima

30-09-14
Unauditcd

Auclitcd

142.98

150.37

42.13

40.11

68.87

82.23

"t5.79

15.47

19.27

31.26

26.78

.lr

291.35

t.51

139.65

293.35

1,541.31

9i5.

1,577.45

t,b.lii. I I

153.29

99.2.1

138.55

Rent

(h) Others
(il Toral
l'rofiv(Loss) from operations befor,p other income, finance

|.().'r lq

5.56

1.66

15.51

10.22

19.46

5t

23.03

23.82

20.96

46.85

42.51

8c0t

56.12

97.87

73.33

r17.99

149.61

1.42.63

1,75.93

336,49

31{i.56

7,969.10

0.35

(2s.56)

(1e6.84)

(25.2t)

(427.771

costs and exceptional items (l-2)

1

311,03-15

Lluaurlited

in stock in traCe and 4,ork in progress

(d) Employee costs

(e) Depreciation
(f) Legal anci ;rrofessional charges

Unaudited

Yar,endd

19.65

(b) Consumption of raw materials

(c) Movie Production Expenses

(8,)

HaUYeaended
$-09-15
3qoe-14

150.37

EXpenses
(a) Increitse/decrease

42.98

([)) Other o|erating incorle

Tutal ineonre front olerali(,n\ (nct)

--- sianlfiil-

".

from Operations

llncome
|

'..

;::30{)6-15.;.,

Unaudi[ed
(a) Net

quaterendd

Other income
Profiy(Loss) from ordinary activifies before finance cosas and
exceptional items (3+4)

4.t33

5.07

5.19

(20.49J

9.9'l

5,73

(191.11)

229.\2
:2,1

lJr1.05

{201J.66)

-||

9.62

(1s.30)

(418.1s)

l'tE7.4e)

56.96

l8t 7l

Firrance Costs

226.23

186.56

I'rofif/(Loss) from ordinary activilies after fiinance costs but

before exceptional items (5-6)

1221.M\

(207.05)

(272.18)

(428,09

(s75.11

(573.231

(22t.04)

(207.05)

(272.1rJ\

(428.O9

(s7s.ll)

{571.231

ll\ceptional ltems
l)r.ofit/(Loss) from Ordinary Activit:ies be{ore tax (7+8)

10

Tax expense

ll

Net ProfiV(l.oss) from Ordirary Activities after tax (9-10)

17

81.07

(r

t2 Il\traordinary Item
l3 Net [lrofit/(Loss) for the period (11;12)
Share of Profit,/(Loss) of associates
l5 l\1ir)oriiY lnterest
l6 Net t'rofiv(Loss) after taxes, minority ilterest and share of
l'rofit/(Loss) of associated (13-14-15.1

\l

12)

1227.M)

(207.0s)

(269.86)

1428.09

1572.79)

(570.9

(221,.U

(207.05)

(269,86)

(428.09'

(s72.7e)

(i7il.e

(207.05)

(269.86

(428.0e)

(572.79)

(570.9r)

1221,O41

Paid-up equity share capital (Iace value of Ils. 10 each)

excluding revalualion reserves as g:r balance shet of
previous accounting yeirr

412.79

5,225._00

5,225.00

5,?25.00

5,225.00

5,225.00

,i,225.00

18 Reserves

1,017.82

t9 Earnings per share

i
Basic arrd diluted EPS before ExtraordinaD' items for the period,
for the ve.rr to c{ate and for the previous year (nol to be
lnnual ized )
Basic and diluted EPS afrer Extraordinary items for the period,
for the year to date and for the previous year (not to be
annualized)
PART-II Selcted Lnformation
ma
for the Quarter aud Ha

ended

(0.42)

(0.40)

(0 52

(0 82)

(1.10)

(0.42)

(0.40)

(0.s2

(0.82)

'

.Quntel;ended::

30:09:15

3&m1s

r.r 0)

Unaudited

Unaudited

" Nunrber of shares

- l'ercentdge of sltdrehoiding

1.601, r.+6
26.04',L

3,603,346
26.04'i.

leu

Half Year ended

3&09-it4
Unaurlited

PAITTICULAT(S OF SHAREHOT-DI NG
I' u bl ic Sha rt'ho lcl i n g

(1.09)

r.0r))

30, 2015
1

fnrttc..t.,

3,603,1,.16
:16.0.17"

endcd

3{t-09:1,5

3S0,9;14

31'03-15

Unaudited

Unauditeil

Au.ditd

|l.603,-ll6

l.60t. r.r(

26.0116

26.0.r'"

15,655,000

8,655,00(

lo

il-I "

Promoters and Promoter Group shareholciing;

a) Plerlgerl/Enuumbered

Nurnber of shares
of shares (as a % of the total sharr:holding of
Pronloter dnd Prornoter GrouD)
Percentage of shares (as a70 of the total share capital of the
Companl,
b) Non-emcumbered
Number ofshares

15,655,00(

15.655.{)0t

8,655.00C

-PL.rcentage

40.51

lonr

5.65;.00i
.10.51 e.

22.40yo

40.51%

22.40%

29.96%

29.96%

16.56"1

29.96"k

16.561"

29.96i,

22,997,654

22,997,654

29,991,654

22,991,654

29,991,b54

,t2,991,651

59.49%

59.49%

77.60%

59.49%

77.60v"

5(l.t9ci

44.00%

44.00%

57.40%

41.00%

57.401;

1.1.0()"r,

p3n1,

40.51%

'Percentage of shares (as a % of the total shareholding of

Promoter and Promoter Crouo)
Percentage of shares (as a% of the tolal share capital of the

Mlpiith6 nded
30.@.15

t2

NVESTOIT COMPLAINTS
'enriing dl lhe beginnirg of the qudfler
Ileceived during the quarter
Disposed of the during ihe ciudrter
llenraininc unresolvecl dt the end of the qudrt,rr

Nil
Nil
Nil
Nit

For P

EDIA LIMI

ED

ti;-iil

ffi

Hisi6:
::t;ii1

5,225.$

Share application money pending

Non-cu(ent liabilities:

(Rs.

in

Lak16

TTYear/4tdedli

ffi--r
#a'd$e!
5,225.00

5,225.6

6@.73

1,035.94

1.O37.82

5334.73

6,2ffi.94

6,262.42

t0,197.27

2,755.U

4,767.99

allotoent

(a) Long-tern borrowLngs

(b) Deferred tax liabjljties (Net)
(c)

Other Long-term liabilities

(d) Long-ternr provisiorls

4.07

6.42

42.61

39.92

t0,248.48

2,80r.53

4,8r,r.32

3,035.63

2,501.09

3,m6.5{,

28.3r

23.71

34.36

131.93

69 37

I 10.7b

liabilifies:

CutreDt

Short-ternt borrowlngs
(b) Tra.le pa\,ables
(.) Oiher aurrent llabilitres
(a)

(j)

3.88

47.13

Shorl-tern1 provrsior)s

1.88

Total

091

L4{J

3,247.75

2,595.57

3,r52.62

19.3-30.96

11.658.04

14.22.t.76

268._31

226.12

ASSETS:

Non-currenl assets

(a) Fixed Assets

(i) Tangible assets

208.-73

(ii) lntangible assels

(iii) Capital work-in-progresF
(iv) Intangible assets under development
(b) Non-current investments
(c) Deferred tax assets (Net)

(d) Long-teril loans ancl advances

(e) Other non'cufrent assets

2,567.19

z,sztl.ts

2,567.19

34.66

481.49

31.56

2310.57

3,n6.99

2,824.86

12,878.70

s,roe.8a

7,717.26

Cuftent assets

(a)

Current investments

(b) Inventories
(c) Trade

r(eivables

1.00

(d) Cash and cash ecluivalents

(e)

Sho({erm loans and advan(es

(1')

Other current asget;

Tolnl

135.57

69.87

214.98

3,313.22

3,110.88

3,288.81

t9't.90

91.46

r6,520.39

8,381.0s

11,404.90

19,330.96

r1,658.M

14.229.76

r83.85

Notes:

TheaboveresultsirerevpwedhvtheAuditCommirteandanpfovedbytheBoardo[Dir{torsintherrmehnghetdon06thNorember,20l5
Ihese results hdve also been subi{ted to limited review oi the Ft,tutory Auditors ot the Company

2 During the Period under review, consequent to nerger appro

August, 2015, the company has become ihe Subsidairy

oF

\tecl by the scheme of a malga mahon by the

pVp Ventures Limited.

on'ble ll rgh Co u rt vide order dated 25th

3 The other expenditure of Rs. 56.12 lacs includes travelling expelts,:s of Rs. 30.91 Lacs.

Deferred Tax Asset/ Liabilities shall be provided for at the year end.

5 Previousperaodfigureshavebeenttgrouped,wherevernecesliFry,forthepurposeoFcomparison.
6 Limitecl Revrew was carried out by

i:he

Statutory Auditors on llle standalone results of Picturchouse Media Limted.

7 The ComPany is oPeratin!; in Media and related activities and

tence segment reporting is not applicable.
8 These rcsults are also available at the website of the Company
4t www.pvpcinema.com.

ff:' E/s
Itr

.EI
Pla.e: Chennai

Date NovemlEr06,20l5

CNGSN & ASSOCIATES LLP

S. NEELAKANTAN

Dr. C.N. GANGADARAN

B.Com.. FCA

B.Com, FCA MBIM (Lond

R. THIRUMALMARUGAN

G. CHELLA KRISHNA

M.Com., FCA

M.Com., FCA, PGPM

Ph d

B. RAMAKRISHNAN

D. KALAIALAGAN

CHARTERED ACCOUNTANTS

B.Com., Grad. CWA, FCA

B Com , FCA

No.43, (Old No.22), Swathi Court, Flat No. C & D,

Vijayaraghava Road, T. Nagar, Chennai - 600 017.
Tel :+91-44-4554 1480/81; Fax: +91-44-4554 1482
Web:www.cngsn.com r Email : info@cngsn.com

V. VIVEK ANAND
B.Com., FCA

NYAPATHY SRILATHA
M Com., FCA, PGDFI\4

K. PARTHASARATHY

E.K. SRIVATSAN

B.Com , FCA

B.Com., ACA

To

The Board of Directors

Picturehouse Media Limited
Chennai-31

We have reviewed the accompanying statement of unaudited financial

results of Picturehouse Media Limited, KRM Centre, 9tr' Floor, 2, Harrington Road,
Chetpet, Chennaj-600031, for the period ended 30th September,2OlS, except for
the disclosures regarding "Public Shareholding" and "Promoter and Promoter
Group Shareholding" which have been traced from disclosures made by the
managcment and have not been audited by us. 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.

in

v/ith the Standard on Review

Finalcial Statements 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
Iinancial statements are free of material misstatement. A review is limited
primarily to inquiries of company personnel and analytical procedures applied to
iinancial data arrd t1lus provide less assurance thal an audit. We have not
We conducted our review

accordance

Engagement (SRE) 24OO, engagements to Review

performed an audit and accordingly, we do not express an audit opinion.

the pending confirrnation of balances

the
Defened Tax Liabitity / Asset to be
for loans and aduances and" note relating to
prouided for at the Aear end.
We

bing the attention of the Board that

Based on our review conducted as above, except the aboue remarks, nothing
has come to our attention that causes us to believe that the accompanying
statement of unaudited linalcial results prepared in accordance with applicable
accounting standards and other recognised accounting practices a]ld policies-has
not discloJed the information required to be disclosed in terms of clause 41 of the
Listing Agreement including the manner in which it is to be disclosed, or that it
contains any material misstatement.
Place : Chennai
Date 6tl, November, 2O

l5

fr\

roi

C N C S N &ASSOCIATES LLP
CHARTERED ACCOUNTANTS
FIRM RECN. No.0049 | 55

!-'-R. THlTUTALIIAIUGA}I
?AiTIIER
mEut. o.2ool 02
l-

w#

CNGSN & Associates LLe a Limitod Liability Partnorship with LLP ldontity No AAc-9402
Regd. Omc : Agastyar Mano., No.20, Raja Stroet,lNagar, Chennai- 600 017
Puduchorry
Hyderabad
Vellore
Offices
Chennai

at: .