K.P.R.

MILL LIMITEI)
Corporate Ofice :

ld

Floor Srivad Shrimat, 1O45, Avinashi Road, Coimbatore - 641018. India @

: M22-2207777 Fax:

M22-2207778

28th April 2016

The Listing Department,

Bombay Stock Exchange Ltd.
1"t Floor, Rotunda Buildings,
Phii roze JeejeebhoY Towers,
Mumbai - 400 001.

The Listing Department,

National Stock Exchange of India Ltd.,
Exchange Plaza, Plot: C/1, G Block,
Bandra-Kurla ComPlex, Bandra (E),
Mumbai - 400 051.

Dear Sir,
Sub: Audited Financial Results for the year ended 31 .03'2016
Ref: Our Notice dated 18.04.2016

Further to our Notice under reference, we wish to inform you that the Board of
Directors at their Meeting held on 28th April 2016

1. Have approved Audited Financial Results of the Company for the

year

ended 31.03.2016, both Standalone and Consolidated'

2.

Recommended a Final Dividend of Rs.1/- per share (10%) on the face

value of Rs.10/- each, thus aggregating the Dividend for the Financial year
201S-16 to Rs.10/- (100%) taking into account the Interim Dividend of Rs.9/(90%) paid during February & March 2016.

ln this connection, we are sending herewith the Certified True Copy of the

Audited Financial Results of the Company for the Year ended 31.03.2016, both
Standalone and Consolidated.
Kindly take on record of the above.

Thanking you.
Y

f,

Limited

Company Secretary
Encl: As above
Cc:
1 . Corporate Relationship Department 3. Karvy Computershare Pvt Ltd,
4. Central Depository Securities Limited
Mumbai-4OO 001.
2. Corporate Relationship Department 5. National Securities Depository Limited
Mumbai-400 051.

Regd. Office : l{o. 9, Gokul Bulldings, A.K.S. Nagar, Thadagam Road, Colmbatore - 64,| 001. @ z 04t2-2478090, Fax :0422-2478050
Email : conorat@kpmlll.com lUcb: wuw.Ipmlllllmlted.com CIN : Ll71llTZil003PLC0l051E

K.P.R. MILL LIMITED

CIN : L171 1 1T22003P1C010518
Registered Office : No.9 Gokul Buildings, I Floor, A.K.S.Nagar, Thadagam Road, Coimbatore 641 001'
:0422-247805O
Fax
:
0422-2478090
Phone
Email : corporate@kprmill.com Web : www.kprmilllimited.com

STATEMEI{T OF AUDITED FINAI{CIAL RESULTS (STAI{DALONE) FOR THE QUARTER

Income from

operations

Total Income from operations

Expenses

(ilet)

(a) Cost of Materials Consumed

(b) Purchase of Stock-in-trade
(c) Changes in inventories of Finished Goods, Work-in-

(e) Depreciation and Amortisation Expense

land Exceptional ltems (1-2)

lOther Income

lProfit from Ordinary Activities before Finance Costs and

(3+4)
lExceotional Items

6
7
8
9
10

l1
L2
13

t4

Finance Costs

lProfit from Ordinary Activities after Finance Costs but before

lExceotional Items (5-5)
lExceptional ltems
lProfit from Ordinary activities before tax (7+8)
Expense

2,03,555

53,625

45,282

51,991

1,91,919

L.337

812

983

4.204

4.493

54,962

46.O94

s2,974

L,96,127

2,O8,048

Prooress and Stock-in-trade

(d) Employee Benefits ExPense

l(0 Other ExPenses

lTotal Expenses
lProfit from Operations before Other Income, Finance Costs

31.03.2015
(Audited)

31.03.2016
{Audited}

31.03.2015
(Audited)

31.03.2016 31.12.2015
{Audited) lllnaudited)

(a) Net Sales/Income from operations

(b) Other Operating Income
2

in Lakhs'
Year Ended

Quarter Ended

Particularc

Sl.No

YEAR ENDED 31ST MARCH 2016

32,507l,

-l
I

1,e661

-l

29,013

30.0s11

1,19,7231

-l
I

(1,0e0)l

4,0231

1,3s,8591

-l

(601)l

2,151

12,853

Q,5B7J

3,931I

3,745

3,36s1

L4,9421

3,0401
9,0591

3,I47

12,3841

26,462

2r,53r

r,72,9r0

1,84,981

s0,503

6,109
40,924

2,984
6,736
47,163

4,459

5,17O

5,811

23,2L7

23,067

r,6@

574

601

3,361

2,189

6,123

5,744

6,412

26,578

25,256

1,006

984

r,727

4,442

6,450

5,1r7

4,760

4,685

22,L36

18,806

5,117

4,760

4,685

22,136

18,806

1,154

1,686

145

6,582

4,208

15,554

14,598

lTax
lNet Profit from Ordinary Activities after tax (9-10)

3,963

3,074

4,540

Items (net ofTax expenses)

Profit for the period/year (11-12)

3,963

3,O74

4,ilO

15,554

14,598

3,768

3,768

3,768

3,768

3,768

93,722

fJ2,572

4 .08

?8 40

Equity Share Capital (Face Value of t10 each)

15

Reserves excluding Revaluation Reserves

16

Earning Per Share

of? 10/- each (No Extraordinary ltems)

Basic and Diluted (in ?) (Not Annualised for the Quarters)

10-33

8.16

Lt.7l

tn

AND

Particulars

Sl.No

@
Shareholders'

A
t

As

31.03.2016
{Audited)

Funds

(a) Share Capital

(b) Reserves and Surplus
Non-Current Liabilities
(a) Lonq-Term Borrowinqs
(b) Deferred Tax Liabilities (Net)

Liabilities

(a) Short-Term Borrowinqs

(b) Trade Pavables
(c) Other Current Liabilities
(d) Short-Term Provisions

at
31.03.2015

lAudited)

3,768
93,722
97,490

s,268
82.572

1r,746

2r,50i

87,44t

5.867

6.004

17,613

27,5rr

40,@6
8,457
8,102
677

34,518
8,358
11,456
3.457

57,882

57,789

I,72,985

L,73,L44

89,784
7,805
8,90s

92,44

ASSETS

(a) Fixed Assets

(b) Non-Current Investments
(c) Lonq-Term Loans and Advances
(d) Other Non-Current Assets
Assets

(a) Inventories
(b) Trade Receivables
(c) Cash and Cash Equivalents
(d) Short-Term Loans and Advances
(e) Other Current Assets

7,98E

8,45t

5t

53
1,06,548

1,08,948

26,632
26,s22

28,434
22,350

1,858

1,930

8,884
2,541
66,437

8,479
2.999
64,192

r.72.985

r.73.t44

and taken on recorcl

The above Audited Financial Results have been reviewed by the Audit committee on April 20,2016
28.04.2016.
on
held
meeting
its
at
and approved by the Board of Directors
is not
The Company has only one business segment in operation (i.e) Textile business' Hence, segment wise repofting
applicable.
year
The Board has recommended a Final Dividend of 10o/o ({ 1/- per share of the face value of ? 10/- each) for the
Interim
the
account
into
Taking
Meeting.
2015-16 subject to the approval of the Shareholders in Annual General
Dividend of 90o/o ({ 9/- per share) paid in February & March 2016, the Total Dividend for 2015-16 aggregates to 100o/o
({ 10/- per share).

The figures for the quarter ended March 31, 2016 and March 31, 2015 are the balancing figures between the audited
Rgurei in respect of the full financial year and the published year-to-date figures upto the third quafter of the respective
financial years.

Figures have been regrouped

Coimbatore

28.04.2016

recasted wherever necessary to make them comparable.

DIN :00229137

K.P.R. MILL LIMITED

CIN : L171 1 1T22003PLC010518
coimbatore - 641 001'
Registered office : No.9 Gokul Buildings, I Floor, A.K.S.Nagar, Thadagam Road,
Fax :0422-247805O
i
0422-2478090
Phone
Emaif : corporate@kprmill.com Web : www.kprmilllimited.com
EI{DED 31ST MARCH 2016
YEAR
THE
FOR
/
(CONSOTIDATED)
QUARTER
STATEMENT OF AUDTTED FII{AIICIAL RESULTS
ll in
(t
in Lakhs)
Year
Ended
Quarter Ended

Particulars

Sl.No

(Audited)

Income from

operations

(a) Net Sales/Income from operations (Net of Excise

(b) Other Operating

Income

Total Income from operatlons

2

Expenses

DUW)

(l{et)

t
t

61,951
2.O49

65,525
7.14\

2,50,040

2.660

9.069

7,730

71,999

tr,oo0

67,67Q

2,59,109

2,56,575

37,2621

45,5791

2,6911

2,369

42,6381
7,058

(5,550)l

(s71)

5,6s5

5,511

Expenses

3,7321
11,1671

lTota! Expenses
lProfit from Oprations before Other Income, Finance Costs andl

(1-2)
lrxceotional
lotherlncome Activities before Finance
_
^ . andl.l
Costs
lprofit ftom Ordinary

3,860
7,531

|
|

lExceptional
6
7
8
9

ltems (3+4)

7,2ggl

7,7161

L4
15
16

t7
18
19

8,2421

Net Profit for the period/year (11-12)

Share of Profit / (Loss) of Associates
Minority Interest
Net Profit after Taxes' Minority Interest and thare of
Profit of Associates (13+14+15)
Paid-up Equity Share Capital (Face Value of {10 each)

Per Share

oft
t)

10/- each (No Extraordinary ltems)

(Not Annualised for the QuarteE)

1s,20s

15,402

60,7101

2,27,3571

26,122]|
2,28,2471

6,950

3r,7s2l

28,328

31,989

7,593

2,2951

2,4041

34,0471

30,7321

s,72gl

8,394

2,133

7,0561

5,460

oisrl

zpso

5,460

t,2441

1,758

451

7,307

5,4471

5,298

5,009

21,011

5,47

5,298

s':oe

2:.,OLL

L7,3_57

5,447

s,298

s,009

21,0r1

L7,357

3,768

3,768

3,768

1r051651

89,253

55.57

45.73

28,318

22,3381

I
I

3,768

excluding Revaluation Reserves

and Diluted (in

18,2671

3,690
8,602

6,6911

1l
13

7,s7sl

1,185

Profit from Ordinary Activities after tax (9-10)

Items (net of Tax exPenses)

2t,7671

633

s26

1,2841

Expense

t2

6761

Costs but before

lerofit from Ordinary Activities after Finance
(5-6)
I ExceDtional Items

10

4,6781

lFinance Costs

Items
from Ordinary activities before tax (7+8)

(r,272)l

1,362)

Items

56,2841

64,700

(4,308)l
|

1,59,4601
10,268

1,44,9381
14,820

ExPense

2,48,845

69,339

Consumed

(a) Cost of Materials

(b) Purchase of Stock-in-trade
(c) Changes in inventories of Finished Goods, work-in-Progress
and Stock-in-trade
(d) Employee Benefits
(e) Depreciation and Amortisation Expense

(f) fther

31.03.2015
(Audited)

31.03.2016
(Audited)

3r.o3.2015
(Audited)

31.12.2015
(Unaudited)

31.03.20r6

t4.26

14.06

12.96

28,318

zz,l$l

4,9S11

fl3s7J

tn

Particulars

Sl.No

@
Shareholders'

As

31.O3.2015

31.03,2015
(Audited)

Funds

(a) Share CaPital

(b) Reserves and Surplus
Non-Current Liabilities
(a) Lonq-Term Borrowinqs
(b) Deferred Tax Liabilities (Net)
(c) Ottt"t Lonq - Term Liabilities

I
?

at

lCurrent Liabilities
(a) Short-Term Borrowinqs
(b) Trade Payables
(c) Other Current Liabilities
(d) Short-Term Provisions

(Audited)

3,768
1.05.6s1

s,268
89.253

1,09,419

94,52r

21,006
5,875
s.383

31,289

32,264

42,760

6,004
5.467

4t,292

60,468
25,459

28,055
12,802
3.743
8s,893

10,071

L.921
97,919

2,23,t74

2,31

I
(a) Fixed Assets
(b) Goodwill on Consolidation
(c) Non Current Investnents
(d) Lonq-Term Loans and Advances
(e) Other Non-Current Assets

1,19,097

1,20,803

7A

165

70
347

rr,92C

5,783

5:

58

1,31 ,305

r,27,06L

50,570
42,498
4,570
7,477
3.182

s,800
51,643
28,178
4,038
2,443
4.011

Assets

(a) Current Investnents

(b) Inventories
(c) Trade Receivables
(d) Cash and Cash Equivalents
(e) Short-Term Loans and Advances
(0 Other Current Assets

AUDITED SEGMENT REPORTING FOR THE QUARTER

2.23.174

YEAR ENDED 31ST MARCH 2016

Particulars
SEGMENT REVENUE (Net Sales
Net of Excise Duty)
a) Textile
b) Suqar

tn

Year Ended/As at

31.12.2015
(Unaudited)

31.03,2016
(Audited)

31.O3.2015

tAudited)

31.03.2016
(Audited)

31.03.2015
(Audited)

Income from eacn segment.

63,5r7

50,744

8,702

c) Others
Total

2,742
3.080
69,339

2.505
61,9s1

Less: Inter Seqment Revenue

Net sales / Income from Operation

69.339

61,951

SEGMENT RESULTS (Profit Before Tax and Finance Costs from

each seqment)
a) Te).tile
b) Suqar

lc) fthers
lTotal
Finance Costs
lLess:
I

lAdd: Other Income

lTotal Profit Before Tax
3

15.602

Quarter Ended/As at

Sl,No

96,1 1

1,08,297

55,323
7,683
2.5L9
65,525

2,r7,4tr

2,r0,607

21,470

28,407

11.686

10 )74

2,so,567
2.s0,040

2,49,292
447
2,48,845

30,644
641

27,091
695

527

6,754
s39

7,447

6,747

37

53
160

)1?

7,299
1 )e4

7,716

6,015

6,530
576
7.056

67(,

1.185

6,960
2,133
4,827
633
5.460

467

\47

3t,752

28,328
8.394

5.729
26,023
2,295
28,318

19,934

2,404
22.3

(Segment Assets -Segment Liabilities)

ICAPITAL EMPLOYED
la) Textlle

lb) Suoar
lc) Others
lUnallocated Assets
lTofal

Liabilities

1,08,162
8,148
665
(7.556)

r,07,808

1,09,419

7,6t3

72r
/7 556\

93,543
7,880
654
17 556\

1,08.162

8,148
665

(7.ss6)
1.09.419

93,543
7,880
654
(7,556)
94.521

1
2
3

April 20, 2016 and taken on record

The above Audited Financial Results have been reviewed by the Audit Committee on
28'0/.'2016'
on
held
its
meeting
at
and approved by the Board of Directors
Textile, Sugar and Others'
The Company has classified the operations primarily into three segements viz.,

value of t 10/- each) for the year 2015'

The Board has recommended a Final Dividend of 10o/o (( 1/- per share of the face
into account the Interim Dividend of
Taking
Meeting.
General
in
Annual
Shareholders
16 subject to the approval of the
aggregates to 100o/o (t 10/- per
2015-16
Dividend for
90o/o (t 9l- per share) paid in February & March 2016, the Total
share).

balancing figures between the audited

The figures for the quarter ended March 3I,2016 and March 31, 2015 are the
the third quafter of the respective
upto
figures
year-to-date
published
year
the
and
financial
full
figures in respect of the
I

financial years.
Figures have been regrouped

recasted wherever necessary to make them comparable'

Coimbatore
28.04.2016

Managing

Chartered Accountants
Shanmugha Manram,

Deloitte
Haskins & Sells

41. Race Course,

Coimbatore - 541 018.
INDIA
(422) 439280 /802/803
+91 (4221 2223615

+9 1

Tel
Fax

INDEPENDENT AUDITOR'S REPORT

TO THE BOARD OF DIRECTORS
K.P.R MILL LIMITED

Audited Financial Results

l. We have audited the accompanying Statement of
("the Company") for the year ended 31't
(Standalone) of K.P.R. MILL LfVff1bU
to the

ihe Company pursuant

March 2016 (..the Statement"), being submitted uy
R.ili;tion 3i'd_1[: SEBI (Listing obligations and Disclosure
requirement
"f
which is the responsibility of the
Requirements) Regitations, 2015. This Statement,
of-Directors' has been prepared
company's rurunug"nl"nt ana approved by the Board
is in accordance with the
on the basis of the related financial statements which
133 of the Companies Act' 2013' as
Accounting Standards frescribed under Section
accepted in India' our
applicable and other accounting principles generally
responsibility is to express an opinion on the Statement'

2.

on Auditing issued by the

We conducted our audit in accordance with the Standards
require that we comply
Institute of Chartered Accountants of India. Those Standards
reasonable
with ethical requirements and plan and perform the audit to obtain
material misstatement'
assurance about whether the Statement is free from
about the amounts
An audit involves performing procedures to obtain audit evidence
depend on the auditor's
and the disclosures in the Statement. The procedures selected
of the
judgment, including the assessment of ihe risks of material misstatement
risk assessments' the
Statement, whether- due to fraud or error. In making those
preparation and fair
auditor considers internal control relevant to the Company's
to design audit procedures that are appropriate
fresentation of the Statement in order
in the circumstances, but not for the purpose of expressing an opinion on the
evaluating the
effectiveness of the Company's internal control. An audit also includes
of the
appropriateness of the accounting policies used and the reasonableness
overall
the
ur"ounting estimates made by the Management, as well as evaluating
presentation of the Statement.

to
We believe that the audit evidence we have obtained is sufficient and appropriate
provide a basis for our audit opinion.

3. In our opinion and to the best of our information and according to the explanations
given to us, the Statement:

(i)

is presented in accordance with the requirements of Regulation 33 of the SEBI

(Listing Obli gations and Disclosure Requirements) Regulations, 20 I 5 ; and

(ii) gives a true and fair view in conformity with the aforesaid Accounting Standards
and other accounting principles generally accepted in India of the net profit and
other financial information of the Company for the year ended

ffi

.03 '201 6.

Deloitte
Haskins & Sells
being the

ended 31.03.2016
4. The statement includes the results for the Quarter
of the full financial year and the
resiect
balancing figure between audited figur", in

publishedyeartodatefigurerrrpt"othethirdquarterofthecurrentfinancialyear
which were subject to limited review by us'

For Deloitte Haskins & Sells

Chartered Accountants
(Firm' s Registration No.008072S)

Partner
(MembershiP No.23418)
Place: Coimbatore
Date: 28 APril2016

Deloitte
Haskins & Sells

Chartered Accountants
Shanmugha Manram,
41, Race Course,
Coimbatore - 541 018.
INDIA
Tel
Fax

+91 (4221 439280 1 /802/803

+91 (422) 2223615

INDEPENDENT AUDITOR'S REPORT

TO THE BOARD OF DIRECTORS
K.P.R MILL LIMITED
Statement of Audited Financial Results
and its subsidiaries (the
(Consolidated) of K.P.R. MILLLtUtinn ("the Complny")
as "the Group") for the
Company and its subsidiaries together referred to
Holding
^.IaJ-ti;t
'M;"h 2016 ("the Statelent"), being submitted by the Holding
,""r
of the SEBI (Listing
company pursuant to the requirement of Regulation 33
2015' This Statement' which
obligations and Disclosure Requirements) Regulations,
and approved by the
is the responsibility of the Hoiding company's Management
related consolidated
Board of Directors, has been prepared tn ihe basis of the
Standards prescribed
financial statements which is in accordance with the Accounting
and other accounting
under section 133 of the companies Act, 2013, as applicable,
an opinion on
express
is
to
our responsibility
frinciples generally accepted in maia.

l. we have audited the accompanying

the Statement.
2.

by the
we conducted our audit in accordance with the standards on Auditing issued
that we comply
Institute of Chartered Accountants of India. Those Standards require
reasonable
obtain
with ethical requirements and plan and perform the audit to
misstatement'
assurance about whether the Statement is free from material

An audit involves performing procedures to obtain audit evidence about the amounts
on the auditor's
and the disclosures in the Staternent. The procedures selected depend

judgment, including the assessment of the risks of material misstatement of the

"StaLment,
whethei due to fraud or error. In making those risk assessments, the
and
auditor considers internal control relevant to the Holding Company's preparation
fair presentation of the Statement in order to design audit procedures that are
on
appropriate in the circumstances, but not for the purpose of expressing an opinion
the effectiveness of the Holding Company's internal control. An audit also includes
evaluating the appropriateness of *r" accounting policies used and the reasonableness
of the accounting estimates made by the Management, as well as evaluating the
overall presentation of the Statement.
We believe that the audit evidence we have obtained is sufficient and appropriate to
provide a basis for our audit opinion.

3. We did not audit the financial statements of three subsidiaries, included in the

consolidated financial results, whose financial statements reflect total assets of

Rs.80. 486 lakhs as at 31.03.2016, total revenues of Rs.70,041 lakhs for the year
ended 31.03.2016, and total profit after tax of Rs.5,212 lakhs for the year ended
31.03.2016, as considered in the consolidated financial results. These financial
statements have been audited by other auditors whose reports have been furnished to

Deloitte
Haskins & Sells
in so far as it relates to the
solelY on
in ,.rp"ct of these subsidiaries is based
amounts and disclosures includ"d

on the Statement'
us by the Management and our opinion
the reports of the other auditors'

according to the explanations

and
4. In our opinion and to the best of our information
of the reports of the other auditors referred
given to us, unO lur"a on the consideration
to in paragraph 3 above, the Statement:

(i)

Includes the results of the following entities:

a. Quantum Knits Private Limited
b. fannvi Motor Private Limited
c. GalaxY Knits Limited
d. K.P.R Sugar Mill Limited

SEBI (Listing Obligations

(ii) is presented in accordance with the requirementsof
Disclosure Requirements) Regulations' 20

15

and

; and

(iii)givesatrueandfairviewinconformitywiththeaforesaidAccountingStandards
accepted in India of the consolidated net
and other accounting principles generaliy
for the year ended 3l '03'2016'
profit and othe. nnui"iut iniormition of ttre Group
31.03.2016 being the
year and the
balancing frgure between audited figures in respect
quarter of the current financial year
published year to date figure, up 6 the third
which were subject to limited review by us'

ended
5. The Statement includes the results for the Quarter
of the full financial

#*\
?

For Deloitte Haskins & Sells

Chartered Accountants
(Firm' s Registration No.008072S)

[colMBAroRE I

R\:%
(Membership No.23418)
Place: Coimbatore
Date:28 April20l6

Revenue al 7 2,591.09 Crore

PBT up 26 .8% Year on Year to ? 283'18 Crore

PAT up 21 .1o/o Year on Year to ? 270.11 Crore

Cash Profit up 1 0.6% Year on Year to ? 362.16 Crore

{.

Garment sales up

18.8o/o

Year on Year to 45 -5 Mn

Garments

Export up 12.7% Year on Year to { 907.09 Crore

Reached 100% utilization in new 12 Mn Garment facility

Progress in New 36 Mn Green Field Garment facility is as

per plan

Conversion of conventional yarn into value added Compact

yarn completed
DISCLAIMER:
The information in this release has been included in good faith and is for general purposes only. lt should not
be relied upon for any specific purpose and no representation or warranty is given as regards to its accuracy or
completeness. No information in this release shall constitute an invitation to invest in K.P.R.Mill Ltd. or any of
its affiliates. Neither K.P.R.Mill Ltd., nor their or their affiliates' officers, employees or agents shall be liable for
any loss, damage or expense arising out of any action taken on the basis of this release, including, without
limitation, any loss of profit, indirect, incidental or consequential loss.