& GH Prone ROCESS SOLUTIONS GMMISEC/2016-17/BSEQ2/10 October 21, 2016 To, Department of Corporate Services BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Dear Sirs), ‘Scrip Code: 505255 ‘Sub: Outcome of the Board Meeting held on October 21, 2016 Pursuant to the Listing (Obligations & Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), this is to inform you that the Board of Directors of the Company at their Meeting held on October 21, 2016, have amongst other matters considered and approved the following 1, Un-audited Financial Results for the 2" quarter / half year ended September 30, 2016 were received, considered and approved 2. Limited Review Report of the Statutory Auditors on the Un-audited Financial Results for the 2" quarter ended September 30, 2016 was adopted. 3. Payment of Second Interim Dividend @ Rs. 0.70 per share of 1,46,17,500 Equity Shares of Rs. 2/- each, aggregating to Rs. 10,232,250/- for the year 2016-17 was approved. 4, The Record Date of payment of Second Interim Dividend of Rs. 0.70 per share was decided as November 1, 2016 and the date of payment as on or before November 15, 2016. A copy of the aforesaid Un-audited Financial Results and Limited Review Report of the Statutory Auditors for the 2 quarter ended September 30, 2016 as approved by the Board is enclosed for your records in compliance with the requirements of Regulation of the Listing Regulations, Kindly acknowledge the same. Thanking you, Yours faithfully, For GMM Pfaudler Limited PBS Tarak Patel Managing Director Encl: As above GMM Praudler Limited Corporate ote: 1002, Pen rsusTowss Pensa Corporate Pak, Ganpatoo Kadam Marg Lower Patel Mumba - 40013 + 0:91 22 6650 3000 «F- +94 22.6650 2098 RegsteedOce& Wore vine Lpgrses: Arora Sojtra Rea, Karama 386 325 «0: +61 2692 661700 « F: +94 2692 651868 - GN L2B1090I1962"L0001571, ‘sales@gmmpfaudlet.com + www.gmmpfaudter.comBEL wa as wT we we wr (aa) anus 18g BUIES PaIRTG BUS OER ‘eO'pse'L 7 - : uquncooy snoneido oous eoue}eg Jed Se) sonsosey £767. £767, £767 £767 £762 £267 (72 "sy ayer ach jeudeg eveys Aunb3 dn-pied) eeeet [eer sre [esr es08 ore ood eth 10) H)01d TN = = = = = a amy ‘X€] J0 YON) Swey Aeupioex3| eseet zerL Bren ‘ve'sy 89°05 o1'eo (FZ) xey seye SeqiAnoe Kreups0 wosy OIA IN| 6r'v6. 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(Listing Obligations & Disclosure Requirements) Regulations 2015 forthe half year ended September 30, 2016 As at Current | ng at Previous Sr. ‘Standalone Statement of Assets and Liabilities Half Year Wo, Partcuar ended a at | YOR ended as 30.09.2016 ” ‘A [EQUITY AND LIABILITIES: 1 |Shareholders' Funds a) Share Capt 2020 2029 [Reserves & Supls 149550 1.99409 Sub teal Share Redo Rnd itera | 11326 2. |Non Curront Lisbities |a)Deferred Tax Liabilities (Net) 23.90 25.11 [Sub-total Non-Current Liabilities 23.90 25.14 2 founrent Lisbiies Trade Payables o1s20| 25027 ) Other curent abies noase| 23076 ) Stor tom powsins 1528 pars Sub-oal Curent Lit $3506 | ——sr4.87 [TOTAL-EQUITY AND LIABILITIES 2,173.69 1,960.19. B |ASSETS 1 |Non Current assets a) Fes assets acest] 49878 Non Curent investments asst] 22582 } Longer cane & advances 50.19 $5.89 Subset Won-Current Assets 74867| Tatar 2 [current Assets ja) Current investments 280.38 130.38 1b) Inventories. 521.67 495.15 ic) Trade receivables 389.72 316.80 Id) Cash and cash equivalents 190.21 251.58 |e) Short-term loans and advances 39.56 41.88 |f) Other current assets 6.48 2.93 Sub-oll Curent Asset tazeo2 | 175877 OTAL ASSETS 27365 | 1.96019 2) The above unaudited results have been reviewed by the Audit Committee and approved by the Board of Directors in their meetings held on October 21, 2016. 3) The above results have been reviewed by the Statutory Auditors of the Company. 4) The Board of Directors have announced a second interim dividend Rs. 0.70 per share for the current financial year 2016-17. The record date for the payment of the said dividend has been fixed on November 1, 2016. '5) Number of Investors complaints (i) received during the quarter : 3 (i) disposed off : 3 and (ii) pending at the quarter end : Nil 6) Figures for the earlier periods have been re-grouped / re-arranged where ever necessary. For and on behalf of Board of Directors For GMM Pfaudler Limited (GZ Place: Mumbai Tarak Patel Date: October 21, 2016 Managing DirectorGMM PFAUDLER LIMITED Registered Office & Works: Vithal Udyognagar, Karamsad 988 325, Gujarat, India CIN No: L291996.J1962PL.C0001171, Emall ID : sales @gmmpfaudler.com, Web Site : www.gmmpfaudler.com ‘SEGMENT WISE REVENUE, RESULTS AND CAPITAL EMPLOYED Rs. Millions ‘Standalone ‘Year to dato | Yoar to dato s current | Preceding |Coresponding| Yea" fo ae | rear i@oa0 | Previous 5. smonths | 3months | 3 months yoar No, eee ended | ended vided Uneaten eet ora ended | ended 30.09.2016 | 30.06.2016] 30.09.2015 | 90.09.2016 | 30.09.2015 | 31.03.2016 Unaudited | Unaudited | Unaudited | Unaudited | Unaudited | Audited T [Segment Revenue la) Chemical Process Equipment 511.78] $00.15 44083] 1.02093] 960.91] 1,836.17 b) Mixing Systems 4277] 42.34 64.47 85.11 12262] 163.25, c)Fitration / Separation Equipment & Others 7622) 19.91 42.42 96.13 11076] 276.59 INet sales Tincome from Operation 630.7 | 671.40 war 72| 4202.47 | 1,094,19| 2.29601 2 |Segment Result: Profit (Loss) before Tax and Interest la) Chemical Process Equipment 10425] 93.04 7361 197.29 11402] 298.83, b) Mixng Systems 408 302 392 7.10 964 1147 lc) Fitration / Separation Equipment & lothers 621 741] 259 (2.20)) 478 1861 {Total 113.54] 88.65 0.12] 20219] 128.44 328.91 Less : Interest 1.69 474 174 343 278 687 lLess:Other Unallocable Expense net of [Unallocable income 1924] 10.08, 10.18 28.32 13.39 43.97 [Total Profit before Tax 3361| 7683 68.20| 170.44 112.23 | 278.07 3 |Segment Assets: la) Chemical Process Equipment 1,129.93] 1,06586] 1,00967| 1,128.93] 1.00967) 1,040.84 b) Mixing Systems 9033) 8373 79.34 90.33 79.34 82.38 c) Fitration / Separation Equipment & Others 16320] 100.14 16221 163.20 16221] 138.45, |Unatlocable Assets 79023| 772.16 71915| _79023| 719.15] 698.52, Total Segment Assats 2173.69 | 2,021.89 | 1,960.37| 2,173.68] 1,960.37] 1,960.19, 4 |Segment Liabilities: a) Chemical Process Equipment s1140] 45264 aara7| 511.40] 44737] 984.59 b) Moxing Systems 4392] 4292 66.76 48.92 66.76 50.50 |c) Filtration / Separation Equipment & Others 5039] 23.68 60.76 59.39 6076 68.62 [Unallocable Liabilties 3925] 38.80 40.54 39.25 40.54 4322 {Total Segment Liabilities 658.96 | 687.94 615.43 | 658.96] 61543| 546.99 For and on behalf of Board of Directors For GMM Pfaudler Limited FPS Place: Mumbai Tarak Patel Date: October 21, 2016 Managing DirectorDeloitte Haskins & Sells LLP (Chartered Accountants {19th Foor, Shapath S.G.Highway ‘Abmmedabad 380 015, (Gujrat India “Tet «91 (078) 6582 7300 Fax: 91 (79) 6682 7400 INDEPENDENT AUDITORS’ REVIEW REPORT ON REVIEW OF INTERIM FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF GMM PFAUDLER LIMITED 1. We have reviewed the accompanying Statement of Standalone Unaudited Financial Results of GMM PFAUDLER LIMITED (“the Company”) for the Quarter and six ‘months ended 30% September, 2016 (“the Statement”), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This Statement which is the responsibility of the Company's Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in ‘Accounting Standards for Interim Financial Reporting (AS 25), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to issue a report on the Statement based on our review. 2. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 ‘Review of Interim Financial Information Performed by the Independent Auditor of the Entity’, 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 Statement is free of material misstatement. A review is limited primarily to inquiries of Company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. Based on our review conducted as stated above, nothing has come to our attention that ccauses us to believe that the accompanying Statement, prepared in accordance with the aforesaid Accounting Standards and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33. of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including the manner in which it is to be disclosed, or that it contains any material misstatement. For DELOITTE HASKINS & SELLS LLP Chartered Accountants (Firm’s Registration No. 117366W / W-100018) x asldeya: Rave Kartikeya Raval Partner ; Membership No. 106189 Mumbai, 2P* October, 2016 Rega. Ofice: 12, Or, Annie Wesant Road, Opp. Sh Segar Estate, Worl, Mumba - 400018, nda, (LLPderificatlon No AAB.8737)