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Kemsiinressed a he edoBajaj Electricals Ltd,
CIN ; L91800MH1938PLCO09887
Registered Office
48/47, Voor Nariman Road, Mumbat - 400 001
Website : wa-bajajeloctricals.com Email
legal@bajajelectricals.com
STATEMENT OF ASSETS & LIABILITIES
(Rs. In Lacs)
As At
Particulars 05 30 Sop. 2014 ‘i Mar, 2016
(Unaudited) (Unaudited) (audited)
[RQUITY AND LIABILITIES
1|Shareholders? funds
(a) Share capital 2,018 2,014 2,015
(0) Reserves and surplus 70,074 68,008 66,683,
|Sub-total - Shareholders’ fun 72,092 7,012 68,698
[share Applleation Money Received = : c
a|Non-ourront Habiitios
(a) Long-term borrowings 11,223 17,146 17,091
(0) Other Jong-term liabilities 1,041 ‘S77 1413
(¢) Long-term provisions 4,720 3,118 43304
[Sub-total - Non-current labilities 16,984 20,841 22,598
3|Current labilities
a) Short-term borrowings 26,099 32,004 21,597
\(b) Trade payables 115,218 105,071 117,472
(c) Other current liabilities # 53,124 49,505, 48,000
(a) Short-term provisions 6,581 5,303, 7,546
[Sub-total - Current tlabilitios 201,022 191,943 191,675
[TOTAL - EQUITY AND LIABILITIES 290,098 283,796 252,971
ASSETS
1|Non-current assets
(a) Fixed assets 28,560 25,154 28,084
|b) Non-current investments 5,609 6,731, 5,609
(c) Deferred tax assets (net) 4,622 3,068 4,888
(a) Long-term loans and advances 13,300 10,259 8,224
fc) Other non-current assets 36,767 44,007 38,925,
[Sub-total - Non-current assets 88,858 99,819 85,730
a|Current assets
a) curcent investments asa 5 333
Co) aventories 93,227 49,774 47,465
lc) Trade Recevables 122,591 123,121 128,956
(e) cash and Bank Balances 3,234 2,681 3.766
(e)short Term Loans and Advances 16,781 14,802 1aBt
in other curont Assets 5,074 3,599 5,237
[Sub-total - Current assets 201,240 193,977 197,241
TOTAL - ASSETS 290,098, 285,796 ea 971BAJAS ELECTRICAL LID,
comm : 131500m111938P1.C009887
oui
Phone: 022-22043780 Fex:022-22861279
Website: wow: banelecticascom Email: legakbajneectrical. com
rod Office: 45/47, Veer Nariman Road, Muumbal 400 001
SEGMENTWISE REVENUE, RESULTS AND CAPITAL EMPLOYED
FOR THE QUARTER & HALP YEAR ENDED 30th SEPTEMDER, 2015
(fe, in Laos)
‘Quarter Ende Ty ‘Your Ended
Past 0SpAs | soJunis | s0Sep14 | s0Sep15 SL Mar 18,
(naudited) | (Unaudited) | (Unanited) | (Unaudited) | (Unaudited) | (Audited)
[PRIMARY SEGHENT INFORAINTTON
1 seoment REVENUE
ay Lighting 26,383, 20,203 29,598 46.676 39,488 29,807
la) Consumer Durables 44753 47,581 46,574 92,098 9703s] 202,268
ly Engineering & Projects 41,599 33,023 33,729 rae 55,182 133,554
D) others 30 2 st a 65 o
sub-rotat arseceD) 112,765 100,909 102,949 213,678 soir] 426,611
Less Inter segment Revenue Z 2 : z
|wot Sates / income from Operations 112,768, 100,909 102,949 213674 asin] 426,811
alszomenr ResuuTs
|Rorir(s) / 1088 (1)
a) Lighting 1,598 345 642 248 890 3,128
ls) consumer Durables 4173 3,020 278 4198 6285 13421
tagineering & Proecte 1697 1981 a1] 3,628 403] (094)
by others 8 a 28 1 25 es
al (ArBICHD) 4476 5,769 640 10,268 3,788 270
tess
[a) Finance Cost 2616 2am 2570 4.988 aout 10,508
B) Other unallocable expenditure
‘net of unalloable income 1 (so) o1 ro) 113 (656)
JOperating Prot before Tax 1,809 3407 (2,030 5926 (1,268) (2,082),
a/CAPHTAL EMPLOYED
ay Lighting 3,498 10368, srt 3.438, 5.571 4971
la Cenaumer Dura 8,273 12,105, 7087 8,273 1057 7078
lo) Engineering & Projects 70,069 nai8 75,394 70,089 6;394 69,081
b) others 314 347 ‘302 374 ‘302 298
2) otter Unatocable 35.677 26,065 31,420 35,677 31,420 28,208,
lrotat apsceD+E) ar7eat 120,744 arysst 120,744] 109,596BAJAJ ELECTRICALS LTD,
CIN : L31S00M11938PL.C009887
Registered Office:
45-47, Veer Nariman Road, Mumbai — 400 001
Phone: 022-22043780 Fax:022-22851279
Website: wwvw.bajajelectrieals.com; Email: legal@bajajlectricals.com
UNAUDITED FINANCIAL RESULTS FOR THE QUARTER & HALF YEAR ENDED
30th SEPTEMBER, 2015.
Notes:
1. The Company has identified its Business Segments as its primary reportable segments,
which comprise of Lighting, Consumer Durables, Engineering & Projects and Others.
‘Lighting’ includes Lamps, Tubes, Luminaires, ‘Consumer Durables’ includes Appliances &
Fans, ‘Engineering & Projects’ includes Transmission Line Towers, Telecommunications
Towers, Highmasts, Poles and Special Projects including Rural Electrification Projects
and ‘Others includes Wind Energy.
2. During the quarter, the Company has issued and allotted 88,430 equity shares of Rs.2
each, pursuant to exercise of stock options by eligible employees under the existing
ESOP scheme and the said shares are ranking pari-passu in all respects including
dividend entitlement.
3. The Nomination and Remuneration Committee of the Board of Directors of the Company
at its meeting held today granted 75,000 stock options to the eligible employees of the
Company at an exercise price of Rs.254.60 per option under the existing Employees
Stock Option Scheme. This price is the closing share price on the National Stock
Exchange (NSE) on Wednesday, 4th November, 2015, the last trading day before the
grant of these options. These options will vest in four equal tranches between 5th
November, 2016 and 5th November, 2019. The options may be exercised within three
years from the date of vesting,
4. The Board of Directors of the Company has, subject to the approval of the members,
approved to issue 30,27,073 stock options under ESOS 2015 to the eligible employees of
the Company, exercisable into equal number of fully paid equity shares of the Company
of Rs.2 each on exercise of vested options.
5. The figures of the previous year / period have been regrouped wherever necessary.
6. The above results have been reviewed by the Audit Committee, approved by the Board
of Directors of the Company at their meeting held on 5" November, 2015 and subjected
to a “Limited Review” by the Statutory Auditors,
For BAJAJ ELECTRICALS LIMITED
PPh es
Shekhar Bajaj
Chairman & Managing Director
‘Mumbai, 5th November, 2015Dalal & Shah
Chartered Accountants
‘The Board of Directors
Bajaj Electricals Limited
45-47, Veer Nariman Road,
‘Mumbai ~ 400001.
3
We have reviewed the results of Bajaj Electricals Limited (the “Company”) for the quarter ended
September 30, 2015 which are included in the accompanying ‘Unaudited Financial Results for the
quarter and half year ended 30" September 2015’ and the statement of assets and liabilities as on that
date (the “Statement"), except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and
Promoter Group Shareholding’ which have been traced from disclosures made by the Management
but have neither seen reviewed nor been audited by us. ‘The Statement has been prepared by the
Company putsuant to Clause 41 of the Listing Agreement with the Stock Exchanges in India, which
has been initialled by us for identification purposes, 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 the Statement based on our review.
We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410,
“Review of Interim Financial Information Performed by the Independent Auditor of the Entity”
isstied 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 financial statements are
free of material misstatement.
‘A review is limited primarily to inquiries of company personnel and analyticel 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.
We have only traced the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter
Group Shareholding’ in the Statement from the disclosures made by the Management and are,
therefore, not expressing a review opinion thereon,
Based on our review conducted as above, nothing has come to our attention that causes us to believe
that the Statement has not been prepared in all material respects in accordance with the applicable
Accounting Standards notified pursuant to the Companies (Accounting Standards) Rules, 2006 as
per Section 133 of the Companies Act, 2013 read with Rule 7 of the Companies (Accounts) Rules, 2014
and other recognised accounting practices and policies, and has not disclosed the information
required to be disclosed in terms of Clause 41 of the Listing Agreement including the manner in which
itis to be disclosed, or that it contains any material misstatement.
For Dalal & Shah
Firm Registration Number: 102021W
Chartered Accountants
Awol Awww ~
Anish P Amin
‘Mumbai Partner
Date: November 5, 20:5 ‘Membership Number :
Dalal & Shah, 252 Veor Savarkar Marg, Shivaji Park, Dadar (West), Mumbai - 400 028
'T: 491 (22) 6669 1000, F: +91 (22) 6654 7800, +91 (22) 6654 7801
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