emmbi

|lD,rS

R FS L r,l TED

(Formerly known as Emmbi Polyarns Limited)

Date: l7m May,20l6

To,
Dept. of Corporate Services,
Bombay Stock Exchange Limited,
Phiroze JeejeebhoY Towers,
Dalal Street, Mumbai - 400 001
Com n Code:533161

To,
The Listing Department,
National Stock Exchange of India Limited,
Exchange Plaza, Bandra Kurla Complex,
Bandra (East), Mumbai 400051
Com TN Code: EMMBI

ded 31.03.2016
Sub: Audited Fin ancial Statemen ts for the Ouarter and Year Months en
Dear Sir,

& Disclosure Requirements)

held on today, 17"' May,
Company
of
the
R;;;",i"", 2015 the meeting of Board of Directors
ioii, x rt. corporate office of the company, the Board has inter-alia considered and approved
the following:

pursuant

to Regulation 33 of the SEBI (Listing obtigations

l'statementofAuditedFinancialResultsforthequarterandyearended3l.03.20l6.

2. Form A (for audit report with unmodified opinion) and

3. Auditor's Report on the Audited Financial Results'

paise per share on equity share

The Board has recommended the payment ofdividend of Rs.0.50
capital ofthe Company for the year ended 3l"tMarch, 2016'

ThemeetingoftheBoardofDirectorsoftheCompanycommencedatl0.00a.m'andconcluded
at 12.45 p.m.
We request you to take the above information on record'

Kindly acknowledge the receiPt.

Thanking you,
Yours faithfully,

rEm bi Industries Limited

0E

f,,'

Kaushal Patvi
CompanY Secretary
Encl: As above

(wesl)' Mumbai ' 4oo 053. INDIA Tel,l +91 226784 5555, Fax: +91 22 6784 5506
corp, off. i Valecha chambers, 3rd Floor, opp, hliniti Mall, New Link Road' Andheri

Regd'off,:99/21&g,MadhubanIndustria|Estate,I\,adhubanDamRoad,RakholiV]llage.U,T,ofDadra&NagarHaveli,Silvassa.396230,lNDlA.
Tel: +91 (0260)320 0948 | CIN :

1712oDN 1994PLC000387 I E-mail: info@emmbi'com lwwwemmbi'com

Fammui*
EMMBIINDUSTRIES LIMITED
99/2/1. & 9, Madhtban Industrial Estate, Madhuban Dam Road, Rakholi Village, U. T. of dadla & Nagar Haveti, Sitvassa - 396230.
Email : info@emmbi.com CIN : L1Z20DN1994PLC0(n387

Statement of Audited Financial Results for year Ended 31st March,2016.

(Published purruant to Regulation 33 of the SEBI (Listing
and Disclosure Requilement) Regutation 2015
PART - I
Rs. In Millions ( Ex.ept per share data)
ENDED
Year Ended
QUARTER
Sr,N
Particulars
31.03.2015
31.72.2015
31.03.2015
31.032016
31.032015
o.
(Unaudited)
(Unaudited)
(Audited)
(Unaudited)
(Audited)
1
Income from Operations
(a) Income from Operations (Net of Excis Duty)
560.68
5',28.77
497.22
2,069.39
7,8 .8

2.4

2.80

2.99

9.96

12.00

562.89

531.51

494.20

2,079.35

7,838.22

(a) Cost of matelials consumed

309.83

2fr.2'l

296.27

1,768.23

1,789.25

(b) Purchase of Stock-in Trade

60.33

76.U

57.39

257.24

183.11

@) Other Operating Income

Total Income from Operations (a+b)

2

f,xpenses

(c) Changes

in inventories of finished goods,

and work-in-progress and stock in trade

(d) Employee Benefit Expenses
(e) Depreciation

& Amortisation Expenss

(0 Other Exlenses

Total Expenses

4.77

(26.46)

(27.88)

(6e.33)

20.51

20.58

16.55

78.00

62.44

9.98

9.39

8.10

35.67

30.59

96.34

84.38

80.81

347.79

276.12

u+.oz

432.65

1,859.45

1_,672.77

6720

57.49

61.55

n9.90

166.05

0.85

0.62

0.n

13.06

5.55

501.69

(7.18)

Profit from Operations before Other Income,

Other Income

Ptofit from Ordinary Activities before

Finance Cost and Exceptional items (3+4)

62,05

58.11

62.32

23L97

177.fi

Finance Cost (Net)

20.35

21.30

25.87

.77

88.89

41.70

36.81

36.,15

742.79

82.72

41.70

36.81

36.45

742.79

82.72

4.65

11.59

7.64

36.U

x.o7

37.06

25,2

28.81

105.95

59.65

37.06

25.22

28.81

105.95

59.65

176.90

L76.90

776.90

776.90

776.90

552.58

457.37

Finance Cost and Ex.eptional items (1-2)

Profit from Ordinary Activities after Finance cost but before

7

Tax

(tu)

Exceptional Iterns
Net Profit ftom Ordinary Activities before Tax(7i8)

10

Tax E xpenses

11

Net Profit from Ordinary Activities After Tax (e-10)

72

Extra

13

Net Profit for the Period (11+12)

Iterns

Paid up Equity Share Capital (F. V. of Rs. 10/- Each)

15 Reserves Excluding Revaluation Reserve
't6.i Eamings per Share (EIiS) before exhaordinary itens
L4

(of Rs. 10/- each ) (not annualized)

(a) Basic-Rs

2.09

1.,13

1.63

5.99

2.09

1.,13

1.63

5.99

(a) Basic-Rs

2.09

1.43

1.63

5.99

(b) Diluted-Rs

2.O9

1.43

1.63

5.99

(b) Diluted-Rs

16.ii Earnings pr Share (EPS) aJter extraordinaqr items

(of Rs. 10/- each ) (not annualized) :

Part

A.

Il

B.

PARTICI]LARS OF SHARE HOLDING

Public Shareholding
- Number of Shares
- Percentage of Shareholding (%)
Promoters and Promoter group Shareholding
a) Pledged/ Encumbered
- number of Shares
- Percentage of Shar:eholding (As a % of the Total
Shareholding of Promoters & Promoter GrouP)
- Percentage of Shareholding (As a % of the Total
Shale Capital of the Company)
b) Non-Encumbered
- number of Shares
- Percentage of Shareholding (As a % of the Total
Shareholding of Promoters & Promoter GrouP)
- PercentaSe of Shareholding (As a % of the Total
Share Capital of the Company)

7,477,740
42.27%

7,4v1,240
42-l4o/o

NIL

NIL
NIL

ML

70,236,O70
100.00P/o

57.86%

7,794,850

7,454,240

7,794,850

44.M%

4L74o/t

M.M%

NIL
NIL

NIL
NIL

NIL
NIL

't0,272,570

9,895,4N

70,29,070

9,891400

1m-00%

100.00%

100.00%

100.00%

55.94%

55.94%

57.860/o

INVESTOR COMPLAINTS - Quarter ended 31st MARCH,2016

ins at the besirmins of the quarter

Nil
7

Received du-ring the quarte!

Disposed during the quarter

Nit

Remaining uresolved at the end of the quarter

Notes

The above is an extract of the detailed format of Quarterly/ Amual Financial Result filed with the Stock Exchanges under Regulation 33 of
the SEBI (Listing Obliga[ons & Disclosure Requirements) RegulatiorL 2015. The futl for:mat of the Financial results of the Quarterly/ Annual
Financial Results are available on stock exchange websites (www.bseindia.com ard www.irseindia.com) and on the ComPany's website

(www.emmbi.com).

The entire operation of the Company relate to only one segment viz. Polymer based multiple Products. Hence, AS - 17 is not

applicable.

Figures of the quarter ended 31st March,2016 and 31st MarclL 2015 are the balancing figures between audited
financial year and published year-tedate figures upto the thitd qua er of the relavant financial year.

Figures for the Previous period

figues in

resPect of the

full

/quarter have been rea.rranged/re-grcuped wherever necessary, to confirm with the fiSues Ior the curent

year/ quarte!.

in

The Financial results have been ieviewed and recommended by Audit Committee and approved by the Board of diiectors
meeting held on 17th May, 2016. The above results have been audited by Statutory Auditors of the Company.

The Company has been accorded recognition to the ln House R & D Unit w.e.t 22.03.2016 to 3'1.03.2m8 by the DePartment of
Scientific and Industrial Researclu Ministry of science & Technology, Govt. Of lndia.

The Board of Dtectors have declared dividend of Re. 0.50 per futly paid up equity share of Rs. 10/- each for the

its

finaffial

year 201t2015.

This year results have befter profit margins due to the following reasons

i
ii
iii
iv

Shift in Product mix, towards high margin contdbutors

Higher capacity utilization to 82.98 % resulting into higher profit margins and net profit margins
Reduction in interest cost through more efficient aPplication of funds
Improved ability to commend premium throuSh Strong Brand Equity and First Mover Advantage

The credit ratings of the Company has been increased by CARE to CARE BBB+ for the Company's long-term fund based facility
and to CARE A3+ for the Company's short-term fund based facility.

For and on behalf of

For Emmbi Ind

Place

; Mumbai
Ma, 2016

Date: 17th

Makrand Appalwar
(Managing Director)

G-r'.rrrt i*
EMMBI INDUSTRIES LIMITED
( Formerly

known as EMMBI POLYARNS UMITED.

CIN : Ll7120DN1994PLC000387

STATEMENT OF ASSETS AND LIABILITIES AS ON 31st MARCH 2016

in Miltions)
PARTICULARS
I. EQUITY AND LIABILITIES
l.Shareholders' Funds:
(a) Share Capital
lus
Reserves &
u
on
nt
(a) Long-term borrowings
(b) Deferred tax liabilities (Net)
(c) Other Long-term liabilities
(d) Lo -term rovtslons
- Non Current

3. Current Liabilities :
(a) Short-term borrowings

(b) Trade payables

vrSrons

- Current

TOTAL EQUITIES & LIABILITIES

II.
1.

31.03.2015

(Audited)

(Audited)

776.90
552.68
729.58

"176.90

a, ,n

70.65
49.60

457.37
634.28

70.71

40.n

779.67

1,61-O2

538.53
724.75

695.72
8.36
56.53
6.81,

747.78

767.42

1,651.03

'1,,562.72

525.06

682.49

554.78
2.99
32.29
o.o2
s90.08

570.00
321.18
1o.46

334.32
32.89

ASSE'TS

Non-curent assets

(a) Fixed asses (Incl. CWIP)

3.47

(b) Non-current investments

52.95

term loans and advances

Other non-cuirent assets

(c) Long

Sub Total - Non Current Assets

2.

31.03.2016

67,15
17.24

current liabilities

(d) Short-term

As at

57.32

(c) Other

As at

Current assets
(a) Inventories

(b) Trade receivables

(c) Cash and cash equivalents

66.89

(d) Short-term loans and advances

(e) Other Curent assets

TOTAL ASSETS

On behalf of the Board.

FOR EMMBI

Place

: Mumbai
Ma, 2016

Date: 17th

968.54

58.54
0.05
972.64

1,651.03

7,562.72

0.01

Sub Total - Current Assets

IND

Makrand Appalwar
Managing Director

6.U

ernrnb I
NDUSTRIES LLMITED

May 17,201.6
Form A
(For audit report with unmodified opinion)
Requirements)
[pursuant to Regulation 33 of sEBI (Listing obligations and Disclosure
Regulations, 2015]

Name of the company

Emmbi Industries Lirnited

Annual financial statements for the

March 31,2015

year ended
3

Type of Audit Observation

Un-modified

Frequenry of Observation

N.A.

For Emmbi

Ind

Makrand Appalwar
Chairman & Managing Director

For Emmbi Industries

Limited

For E mm

S an

Indu

Limited

Ra

A dit Committee

For K. j. Shah & Associates

Chartered Accountants
(Registration No. 127308W)

G^^h*"
Rinku Appalwar

Kirti

CFO

Proprietor
Membership No. 030784

Corp. Off.: Vatecha Chambers, 3rd Floor, Opp. lnliniti Mall, New Lank Road, Andheri(Wst), Mumbai- 400 053. INDIATel.: +91 226784 5555, Fax: +91 22 5784 5505
_
Regd. Off.:99/2/1 & 9, Madhuban lndustrial Estate,Madhuban Dam Road, Rakholi Village, U. T. Of Dadra & Nagar Haveli, Silvassa 396 230, INDIA
Tel: +91 (0260) 320

0948lClN

: 117120DN19s4P1C000387

i E-mail: info@emmbi.com lwww.emmbi.com

CA. KIRTI J. SHAH B.com.,

F.c.A.

l(.

].

5I1AI]

& AIIOCIAITI

CHAHTEHED ACCOUNTANTS
Offlce : Shop No. D-1i, Sal Darshan -'B', Rsmbaug Lane,
Opp. Mulji Nagar, BorMi (We8t), Mumbai -,t00 092.
O 2864 6766 Mobile : 98212 80470
E-mail : kjshahca@yahoo. com

INDEPENDENT AUDITOR'S REPORT

TO THE BOARD OF DIRECTORS OF
EMMBI INDUSRTRIES LIMITED
1'

we have audited the

accompanying financial statenents of EMMBI INDUSTRIES LIMITED,

("the Company") for the year ended March 31, 2016 ("the Statemenf,),
u"i.,g- rri-itt"a uy tt
Company pursuant to the- reqxirement of Regulation 33 of the sEBI ( Listtg
obtigation anrt"
Disclosure Requirements) Regulations, 2015. This statement, which is
the responsibility of the
Company's Management and approved by the Board of Directors, has been
prupor'J o., the basis of
the related financial statements which is in accordance with the Accounting
6tan.{ards prescribed
under Section 133 of the compani:s Act, 2013, as applicable ancl other accounting
p.i.,ciptes g"rreratty
accepted in India. Our responsibility is to express an opinion on tl.re Statcment

2 We conc{ucted our Audit in accordance with the stanclards on Auditing issued

by the Institute of
Chartered Accountants of India. Those Stanclards require that
compl! *ith
.eqrireme.ts
-"
and plan and perform the audit to obtain reasonablJ assurance about whether "tticJ
the Statement is
free

from material misstatement.

An audit involves performing

proceclures to obtain audit eviclence about the amounts ancl the

disclosures in the Statements. The procedures selectecl depend on the aurlitor's judgmen!
including
the assessment of the risks of material misstatement of the financial statcments,
wheiher clue to fraud
or error. In making those risk assessments, the auclitor considers internal control relevant
to the
Company's preparation and fair presentation of the Statements in order to design
auclit proceclures

that are appropriate in the circumstances, but not for the purpose of expresfiog an
opinion on
whether the Company has in,place an adequate internal financial controls systei
ou". financial
reporting and the operating effectiveness of such controls. An audit also inciudes evaluating
the
appropriateness of accounting policies used and the reasonableness of the accounting
estimates ma6e
by the Company's directors, as well as evaluating the overall presentation of the finaricial
statements.
We believe that the audit evidence we have obtained is sufficient ancl appropriate to
provide a basis
for our audit opinion on the financial statements.
3

In our opinion and to the best of our information and according to the explanatiors given to
us, the
Statement

is presented ir accorda.ce with the rerluirernents of Regulation 33 of the sEBI ( Listing

Obligation and Disclosure Requirements) Regulations, 2015; and

ll. gives a true and fair view in conformity with the aforesaicl Accounting
standards and other
accounting principles generally acceptecl in India of the Net profit and other financial
information of the Company for the yeal endecl Marcll 31,2016.
AH & 4

.....2.....

e)

*
Ac

CA. KIRTI J. SHAH B.com.,

l(.

F.C.A.

]. II{AII & AIIOCIAITS

CHAHTEHED ACCOUNTANTS
Otfico : Shop No. D-11, Sai DaBhan -'B', Rambaug Lane,
Opp. Mulii Naga( Borivli (West), Mumbai - 400 092.
(A:28U6766. Mobils : 982'12 80470
E-mail : kjshahca@yahoo.com

....,2

4.

The Statement includes the results for the Quarter encled March 31,2016 being the balancing
figure between audited figures in respect of the full financial year and the published year to
date figures up to the third quarter of the current financial year which were subject to limited
review by us.

For K. J. SHAH & ASSOCIATES

Chartered Accountants
(ICAI FRN :127308W)
& ASs

Place

: Mumbai

Date : 17.05.2016

,NO
)

I
ED

K. J. SHAH

Proprietor
(Membership No. 030784)

KIRTIJ SHAH
F.C.A