| |
GUJARAT NARMADA VALLEY
FERTILIZERS CO. LTD. |
Regd Office:
P.O. Narmadanagar 392015 Dist. Bharuch, Gujarat, India |
Phone: (02642)
247001 to 247015 Fax: 02642-247057 |
| |
UNAUDITED FINANCIAL RESULTS FOR THE THREE MONTHS/ NINE MONTHS ENDED
31ST DECEMBER, 2007 |
|
Sr.
No
|
Particulars
|
For Three Months Ended |
For Nine Months Ended |
For the Accounting Year Ended |
31-12-2007
Unaudited |
31-12-2006
Unaudited |
31-12-2007
Unaudited |
31-12-2006
Unaudited |
31-03-2007
Audited |
1
2 |
Net Sales/Income from Operations
Other Income
|
83,165
571 |
52,308
1,556 |
254,648
3,460 |
164,212
3,159 |
273,927
3,533 |
3 |
Total Income (1+2) |
83,736 |
53,864 |
258,108 |
167,371 |
277,460 |
4 |
Expenditure
(a) (Increase)/Decrease in stock in trade and work in progress
(b) Consumption of raw materials
(c) Power, fuel & other utilities
(d) Purchase of traded goods
(e) Employees' cost
(f) Depreciation
(g) Other expenditure
|
(2,875)
33,197
9,049
9,954
4,256
2,769
8,945
|
(3,762)
16,907
5,332
13,367
3,872
2,124
7,771
|
(952)
87,653
24,044
51,128
12,620
8,228
26,822
|
(4,897)
61,745
18,415
28,017
11,270
6,348
19,708
|
(5,077)
106,119
26,896
40,213
16,887
10,957
31,262
|
|
(h) Total Expenditure |
65,295 |
45,611 |
209,543 |
140,606 |
227,257 |
5
6 |
Interest (Net)
Exceptional Items |
(244)
0 |
324
0 |
(74)
0 |
744
0 |
1,264
0 |
7 |
Profit/ (Loss) from ordinary Activities before tax (3)-(4+5+6) |
18,685
|
7,929
|
48,639
|
26,021
|
48,939
|
8 |
(a) Tax Expenses
(b) Excess provision for taxation of earlier years written back |
6,309
0 |
2,710
0 |
16,626
0 |
8,702
0 |
17,072
(780) |
9 |
Net Profit/ (Loss) from ordinary Activities after tax (7-8) |
12,376
|
5,219
|
32,013
|
17,319
|
32,647
|
10 |
Extraordinary Items (Net of tax expenses Rs Nil) |
0
|
0
|
0
|
0
|
0
|
11 |
Net Profit/ (Loss) for the period |
12376 |
5,219 |
32,013 |
17,319 |
32,647 |
12
13
14
15 |
Paid up equity share capital
(Face value of Rs.10/- per Equity share)
Reserves excluding Revaluation Reserves as per Balance Sheet of Previous Accounting Year
Earning per share -(EPS)
(a) Basic and Diluted EPS Before Extraordinary Items (Rs.)
(b) Basic and Diluted EPS After Extraordinary Items (Rs.)
Public Shareholding
- Number of shares
- Percentage of shareholding |
15,542
7.96
7.96
91412070
58.82% |
14,648
3.56
3.56
81839511
55.87%
|
15,542
20.60
20.60
91412070
58.82% |
14,648
11.82
11.82
81839511
55.87% |
15,542
141,519
21.01
21.01
91412070
58.82% |
|
| Notes: |
|
1. |
The figures of the three/ nine months' period ended 31-12-2007 include the figures of erstwhile Narmada Chematur Petrochemicals Ltd (NCPL), a subsidiary of the Company, which is amalgamated with the Company with effect from 15-02-2007 and therefore, to that extent, the figures are not comparable with those of the corresponding previous period. |
2. |
A limited review of the unaudited results for the three/ nine months’ period ended 31-12-2007 has been carried out by the Auditors of the Company. |
3. |
There was no investor complaint pending at the beginning of the quarter. During the quarter 132 complaints were received, all of which were duly attended & resolved. No complaint remained unresolved at the end of the quarter. |
4. |
The above results were reviewed by the Audit Committee of Directors at its meeting held on 28-01-2008 and approved by the Board of Directors at its meeting held on 29-01-2008. |
|
| |
For
and on behalf of the Board of Directors,
|
|
Place: Gandhinagar
Date : 29-01-2008 |
BALWANT
SINGH
Managing Director |
|
|
SEGMENTWISE REVENUE, RESULTS AND CAPITAL EMPLOYED |
|
Sr.
No
|
Particulars
|
For Three Months Ended |
For Nine Months Ended |
For the Accounting Year Ended |
31-12-2007
Unaudited |
31-12-2006
Unaudited |
31-12-2007
Unaudited |
31-12-2006
Unaudited |
31-03-2007
Audited |
1 |
Segment Revenue :
A. Fertilizers
B. Chemicals
C. Others
Total
Less: 1 Inter Segment Revenue
2 Excise Duty
Net Sales/ Income from Operations |
44,606
44,314
472
|
29,697
24,839
1,298
|
158,135
110,049
2,435
|
99,802
71,784
3,113
|
141,689
151,756
2,222
|
89,392
0
6,227 |
55,834
0
3,526 |
270,619
0
15,971 |
174,699
0
10,487 |
295,667
0
21740 |
83,165 |
52,308 |
254648 |
164,212 |
273,927 |
2 |
Segment Results :
[Profit/ (Loss) before Tax & Interest from each segment]
A. Fertilizers
B. Chemicals
C. Others
Total
Less : (i) Interest
(ii) Other Unallocable
Expenditure (Net)
(iii) Unallocable Income
Total Profit Before Tax |
1,613
16,702
175 |
(3,546)
11,268
112
|
9,487
39,351
123 |
(3,211)
28,478
(82)
|
(3,878)
53,384
(233)
|
18,490
(244)
650
(601) |
7,834
324
1,112
(1,531) |
48,961
(74)
2,062
(1,666) |
25,185
744
1,554
(3,134)
|
49,273
1,264
2,603
(3,533) |
18,685 |
7,929 |
48,639 |
26,021 |
48,939 |
3
|
Capital Employed :
(Segment Assets - Segment Liabilities)
A. Fertilizers
B. Chemicals
C. Others
D. Unallocated assets/(liabilities)(net)
Total
|
25,563
93,272
3,555
65,458 |
48,233
59,500
3,510
23,804
|
25,563
93,272
3,555
65,458 |
48,233
59,500
3,510
23,804
|
58,502
93,300
3,327
1,933
|
187,848 |
135,047 |
187,848 |
135,047 |
157,062 |
|
| |
| |
For
and on behalf of the Board of Directors,
|
|
Place: Gandhinagar
Date : 29-01-2008 |
BALWANT
SINGH
Managing Director |
|
|
___________________________________________________________________________________________________________
|
AUDITED
FINANCIAL RESULTS FOR THE YEAR ENDED 31ST MARCH, 2007
|
|
Sr.
No. |
Particulars |
For
Nine Months Ended |
For
Three Months Ended |
For
the Accounting
Year Ended
|
31-12-2006
Unaudited |
31-03-2007
Unaudited |
31-03-2006
Unaudited |
31-03-2007
Audited |
31-03-2006
Audited |
1
2 |
Sales / Income from
Operations
Less : Excise Duty
Net Sales/Income from
Operations
Other Income |
209,187
15,429
193,758
2,593 |
86,480
6,311
80,169
940 |
68,816
3,591
65,225
2,784 |
295,667
21,740
273,927
3,533 |
228,133
13,376
214,757
8,523 |
3 |
Total Expenditure
(a) (Increase)/Decrease in stock in trade
(b) Consumption of raw materials
(c) Power, fuel & other utilities
(d) Purchase of goods for sale
(e) Staff cost
(f) Other expenditure |
154,373
(4,197)
77,682
19,145
27,095
12,170
22,478 |
61,927
(880)
28,437
7,751
13,118
4,717
8,784 |
48,765
6,433
21,766
6,527
3,049
3,889
7,101 |
216,300
(5,077)
106,119
26,896
40,213
16,887
31,262 |
166,141
(342)
77,297
26,304
24,668
13,305
24,909 |
4
5 |
Interest
Depreciation |
900
8,139 |
364
2,818 |
2,816
2,200 |
1,264
10,957 |
3,624
8,859 |
6
7
8 |
Profit before
tax (1+2-3-4-5)
(a) Provision for Current Tax
(b) Provision for Deferred Tax
(c) Provision for Fringe Benefit Tax
(d) Excess Provision for Taxation of
earlier
years written back
Net Profit for the Period
|
32,939
11,742
(380)
148
0
21,429 |
16,000
5,703
(185)
44
(780)
11,218 |
14,228
5,120
(313)
88
0
9,333 |
48,939
17,445
(565)
192
(780)
32,647 |
44,656
15,969
(1,167)
382
0
29,472 |
9
10
11
12 |
Paid up equity share
capital
(Face value of Rs. 10/- per Equity share)
Reserves excluding Revaluation Reserves
Earnings per share - Basic &
Diluted (Rs.)
Aggregate of public Shareholding
-
Number of shares
- Percentage
of shareholding |
14,648
--
13.79 @
81839511
55.87% |
15,542
--
9.86
91412070
58.82%
|
14,648
--
6.37
|
15,542
141,519
21.01
91412070
58.82%
|
14,648
103,081
20.12
|
|
| |
@ EPS for 9 months’ period is calculated on
increased share capital of Rs. 15,542 lacs.
|
| |
| Notes: |
|
1 |
The
figures of current quarter and the year ended
on 31-03-2007 include figures of erstwhile Narmada
Chematur Petrochemicals Ltd (NCPL), a subsidiary
of the Company. The order issued by the Hon'ble
High Court of Gujarat, sanctioning the scheme
of amalgamation of NCPL with the Company was filed
with the office of the Registrar of Companies,
Gujarat on 15-2-2007. Accordingly, amalgamation
of NCPL with the Company has become effective
from 15-02-2007 during the current quarter and
therefore, to that extent, the figures are not
comparable with those of the corresponding previous
periods. Figures of the previous periods have
been regrouped where necessary. |
2 |
In
terms of the scheme of amalgamation of NCPL, the
Company has issued and allotted 89,42,569 equity
shares to the shareholders of erstwhile NCPL in
the approved exchange ratio. Consequently, the
paid up capital of the Company has increased to
Rs. 155.42 Crores. |
3 |
ING
Satcom Ltd., the wholly owned subsidiary of the
Company has ceased to be the subsidiary during
the quarter. |
4 |
In view of note
no 1 & 3 above, consolidated financial results
are not prepared. |
5 |
There
was no investor complaint pending at the beginning
of the quarter. 111 complaints were received during
the quarter, 111 complaints were duly attended
& resolved during the quarter and no complaint
remained unresolved at the end of the year. |
| 6 |
The
Board of Directors have recommended a dividend
of Rs 4.25 per equity share of Rs 10/- each, (i.e.
42.50%) for the financial year ended 31-03-2007. |
| 7 |
The
above results have been reviewed by the Audit
Committee in its meeting held on 04-05-2007 and
the same have been approved by the Board of Directors
in its meeting held on 05-05-2007. |
|
| |
For
and on behalf of the Board of Directors, |
|
Place: Narmadanagar,
Dist. Bharuch
Date : 05-05-2007 |
BALWANT
SINGH
Managing Director |
|
| |
| |
| |
REPORTING
OF SEGMENTWISE REVENUE, RESULTS AND CAPITAL EMPLOYED
UNDER CLAUSE
41 OF THE LISTING AGREEMENT
|
|
Sr.
No. |
Particulars |
For
Nine Months Ended
|
For
Three Months Ended |
For the Accounting Year Ended
|
31-12-2006
Unaudited |
31-03-2007
Unaudited |
31-03-2006
Unaudited |
31-03-2007
Audited |
31-03-2006
Audited |
1
|
Segment Revenue:
A. Fertilizers
B. Chemicals
C. Others
Total
Less : 1 Inter Segment Revenue
2
Excise Duty
Net Sales/Income from Operations |
99,803
107,799
1,585
|
41,886
43,957
637
|
43,173
24,678
965
|
141,689
151,756
2,222
|
133,825
91,820
2,488
|
209,187
0
15,429 |
86,48
0
6,311 |
68,816
0
3,591 |
295,667
0
21,740 |
228,133
0
13,376 |
193,758 |
80,169 |
65,225 |
273,927 |
214,757 |
2 |
Segment Results
[Profit/ (Loss) before
Tax & Interest from each Segment]
A. Fertilizers
B. Chemicals
C. Others
Profit before tax, interest and other expenditure
Less : Interest
Add : Other un-allocable income
(Net
of expenditure)
(i)
Income
(ii)
Expenditure
(iii)
Net
Total Profit Before Tax |
(3,211)
36,093
(82)
|
(667)
17,291
(151)
|
4,103
10,429
(61)
|
(3,878)
53,384
(233)
|
4,581
38,258
(1,149)
|
32,800
900
2,593
1,554
1,039
|
16,473
364
940
1,049
(109)
|
14,471
2,816
2,784
211
2,573
|
49,273
1,264
3,533
2,603
930
|
41,690
3,624
8,523
1,933
6,590
|
32,939 |
16,000 |
14,228 |
48,939 |
44,656 |
3
|
Capital Employed
(Segment Assets - Segment Liabilites)
A. Fertilizers
B. Chemicals
C. Others
D. Unallocated assets/(liabilities)(net)
Total |
45,670
90,171
3,510
14,528
|
53,734
90,593
3,324
9,411
|
53,823
62,032
3,804
(1,931)
|
53,734
90,593
3,324
9,411
|
53,823
62,032
3,804
(1,931)
|
153,879 |
157,062 |
117,728 |
157,062 |
117,728 |
|
| |
| |
For
and on behalf of the Board of Directors, |
|
Place: Narmadanagar, Dist.
Bharuch
Date : 05-05-2007 |
BALWANT
SINGH
Managing Director |
|
| |
| ___________________________________________________________________________________________________________ |
| |
|
|