RAJSHREE

PEOPLE PASSION PROGRESS

May 28, 2016

SSE Limited
P.J.Towers
Dalal Street
Mumbai - 400 001
National Stock Exchange of India Limited
Sandra Kurla Complex
Bandra East
Mumbai- 400 051
Sir,
Sub:

Financial results for the quarter and financial year ended 31st March 2016.

In compliance with Regulation 33 of SESI (LODR) Regulations), 2015, we

herewith enclose the following for the quarter and financial year ended 31st
March 2016.
-

Audited standalone and consolidated financial results

Auditors' reports for both standalone and consolidated financial results
Form A for both standalone and consolidated results, duly signed by the
Chairperson and Managing Director, Chairman of Audit Committee,
Statutory Auditor and Chief Financial Officer of the company.

The above financial results have been reviewed by the Audit Committee and
approved by the Board of Directors in its meeting held today, the 28th May 2016.
The Board meeting was commenced at 11 AM and concluded at 3.45 PM today,
the 28th May 2016.
We request you to take the same on record.
Thanking you
For and on behalf of
RAJSHREE SUGARS & CHI::MICALS LIMITED

Company Secretary
Enc: as above

Rajshree Sugars & Chemicals limited, The Uffiz~ 338/8, Avanashi Road, Peelamedu, Coimbatore - 641 004 TN I d'
F: +91- 422 2577929 E
I@ . h
'
' n Ia .
. rsc ra,s reesugars.com W: www.rajshreesugars.com

T. +91- 422 4226222, 2580981-82

CIN:L01542TZ1985PLC001706


RAJSHREE
PEOPLE PASSION PROGRESS

FORMA
(For audit report with unmodified opinion)

1.

Name of the company

2.

Annual financial statements for the year

ended

RAJSHREE SUGARS & CHEMICALS LTO

"The Uffizi", 338/8 Avanashi Road
Peelamedu
Coimbatore 641 004.
Annual Standalone Financial Statements
for the year ended 31 8 t March 2016

3.

Type of Audit observation

Un-modified

4.

Frequency of observation

Not Applicable

5.

Signed by

~/

Ms. RAJSHREE PATHY

Chairperson and Managing Director

Mr. V. B.GOPALKRISHNAN
Chief Financial Officer

~'~L~

Mr.K.MURALI MOHAN
Auditor of the Company
Membership No.014328
Prop. Srikishen & Co.

f LA.-{~ L-4n__~

Mr.G.S.V.SUBBA RAO
Chairman - Audit Committee

__,----- ~
- r--

Date: 28th May 2016

Rajshree Sugars & Chemicals Limited, The Uffizi, 338/8, Avanashi Road, Peelamedu, Coimbatore - 641004, TN, India.
T: +91- 422 4226222,2580981-82

F: +91- 422 2577929

E: rscl@rajshreesugars.com

CIN: L015421Z1985PLC001706

W: www.rajshreesugars.com

RAJSHREE
PEOPLE PASSION PROGRESS

FORMA
(For audit report with unmodified opinion)

1.

RAJSHREE SUGARS & CHEMICALS LTO

"The Uffizi", 338/8 Avanashi Road

Name of the company

Peelamedu

3.

Type of Audit observation

Coimbatore 641 004.

Annual
Consolidated
Financial
Statements for the year ended 31st March
2016
Un-modified

4.

Frequency of observation

Not Applicable

5.

Signed by

2.

Annual financial statements for the year

ended

Ms. RAJSHREE PATHY

Chairperson and Managing Director

Mr.V.B.GOPALKRISHNAN
Chief Financial Officer

Mr.K.MURALI MOHAN
Auditor of the Company
Membership No.014328
Prop. Srikishen & Co.

Mr.G.S.V.SUBBA RAO
Chairman -Audit Committee

Date: 28th May 2016

Rajshree Sugars & Chemicals Limited, The Uffizi, 338/8, Avanashi Road, Peelamedu, Coimbatore- 641004, TN, India.
T: +91 -422 4226222, 2580981-82

F: +91 - 422 2577929

E: rscl@rajshreesugars.com

CIN:L01542TZ1985PLC001706

W: www.rajshreesugars.com

.'\.

~~HREE

---

RAJSHREE SUGARS & CHEMICALS LIMITED

Regd. Office: "The Uffizr, 338/8 Avanashi Road, Peelamedu
Coimbatore 641 004
T (0422) 4226222 F (0422) 2577929 CIN L01542TZ1985PLC001706

E: rsclr~shreesugars.com W: www.rajshreesugars.com

CRs.ln lakhs

Statement of Standalone I Consolidated Audited Financial Results for the year ended 31st March 2016
Sfandalone

SI.No.

3
4
5

Particulars
Income from ooeratlons
a) Net Salesllncome from operations (Net
of excise duty)
b) Other Operating Income
Total Income from ~~lions (net)
Expenses
a) Cost of materials consumed
b) Purchase of stock-in-trade
c) Changes In Inventories of finished
goods, work In progress and stock-in-trade
d) Emp!oyees benefits expense
e) DepreciatiOn and amortisatiOn
expense
f) Other expenses
Total expenses
Profit I (Loss) from operatiOns before
other income, finance costs & exceptional
items (1-2)
Other Income
Profit I (Loss) from ordinary activities
before finance costs & exceptional items

13+4)
6
7

Finance costs
Profit I (Loss) from ordinary activities after
finance costs but before exceptional items
5-6)

9
10

11
12
13

14
15
16

17

18

19.i

Exceptional items
Profit I (Loss) from ordinary activities
before tax (7+8)
Tax expense
Current Tax
Less: MAT credit entitlement
Deferred Tax- (Asset) 1Liability
Net Profit I (Loss) from ordinary activities
after tax (9-1 0)
Extraordinary items (net of tax expense)
Net Profit I (loss) for the period (11-12)
Share of Profit I (Loss) of associates
Minority interest
Net Profit I (Loss) after taxes, minority
interest and share of profit I (loss) of
associates (13+14+15)
Paid-up equity share capital (Face value
of Rs.10/- per share)
Reserves excluding revaluation reserves
as per balance sheet of previous
accounting year
Earnings Per Share (before Extra-ordinary

items) (Rs.) (not annualized) Basic

Earnings Per Share (before Extra-ordinary
items) (Rs.) Diluted after considering
allotment of 3195000 equity shares (not
annualized)
19.iii Earnings Per Share (after Extraordinary
items) (Rs.) (not annualized) Basic
19.iv Earnings Per Share (after Extraordinary
items) (Rs.) Diluted after considering
allotment of 3195000 equity shares (not
annualized)
See accompanYJng notes to the financ1al results

31.3.16

J months enctec1
31.12.15
fVnauditedl

31.3.15
(Auf/ited)

Year ended
31.3.16
31.3.15
{AudltedJ

Conolldated
Year ended
31.3.16

(AuditedJ

15621
133)
15,588

14662
94
14 756

6671
16
6687

56,990
138
57,128

57402

18,387

1,241

14,209

(12,824)
884

11,161
822

31.3.15
(AuditedJ

71064

57,702

71,291
277
71.568

43,388

39,235

52,430

52,409

(10,555)
950

(1,839)
3,415

5,561
3,485

1,498
4,007

4,653
4,099

9992

653
1476
15353

757
2,267
7628

2,598
8.227
55,789

2,968
8269
59518

2,804
9378
70,117

3,183
9643
73987

5596
132

(597)
16

(941)
117

1.339
301

(1 816)

1451
145

(2,564}

5,728
1,512

(581}
1668

(824)
1525

1640
6,476

(1161}
6474

1596
7152

{2.265)
7212

4,216

(2 249)

(2 349\

(4,836)

(7635\

642
2903

300

655

359
71423

299

(5,556)
2,762

(9,477\

2762

(2 794)

(9477\

4.216

(2,249'

(2 349)

12 074)

(7,635)

--

--

1302

(694\

{726)

(641)

{2 359)

(863)

(2 909)

2914

(1 555)

{1 623)

(1,433)

(5276)

(1931)

(6 568)

2,914

(1,555)

(1,623)

2,914

(1,555)

2497

(5 276)

(6 568'

(1,931)

(1 623\

(1,433)

(5 276)

(1,931)

(6,568\

2379

2379

2497

2379

2.497

2,379

1,160

2,381

(2,672)

(954)

12.16

(6.54)

(6.82)

(5.98)

(22.18)

(8.06)

(27.61)

10.34

(6.54)

(6.82

(5.09)

(22.18\

(6.85)

(27.61

12.16

(6.54}

(6.82

(5.98)

(22.18\

(8.06)

(27.61\

10.34

{6.54)

(6.82\

(5.09)

{22.18)

(6.85)

(27.61\

--

(1,433)

--

19.li

ise Rewnue, Results and Capital-

I(Rs. in lakhsl
COnsolidated

Standalone

Particulars

S/.No.

Segment Revenue
a) Sugar
b) Cogeneration
c) Distillery

....

31.12.15

n,

31.3.15
(Audled}

Year ended
31.3.16
31.3.16
(Audited}

12,323
307
2,467

4,397
2,617
1,279

44,201
9,869
7,899

45,767
7.255
9,135

58,641
9,869
7,899

59,488
7,255
9,135

17499
1,911

15097
341

8293
1606

61,t69
~1

62157
4455

76,409
4.841

75878
4455

15,588

14 756

6,687

57,128

57702

71,568

71,423

a) Sugar
b) Cogeneration
c) Distillery
d) Unallocated

1,342
4,104

(1,167)
(278)
1,199

(2,441)
1,496
462

(4,332)
6,361
3,798

(8,105)
3,847
4,710

(4,375)
6,361
3,798

(9,209)
3,847
4,710

Total

6,104
1_,_512

(246)

1 668

(483)
1,525

5827
6476

452
6,474

5,784
7,152

(652)
7,212

376
4.216

335
_(2 249)

341
(2 349\

1425
{2 074)

1 613
(7635\

1,426
(2,794}

1 613
(94n>

31,725
14,383
11,763
541
58,412

29,405
14,570
11,883
541
56399

30,552
15,133
12,261
541
58487

31,725
14,383
11,763
541
58,412

30,552
15,133
12,261
541
58,487

30,961
14,383
11,763
541

29,754
15,133
12,261
541
57689

Less: lnter_~nt Revenue

Net Sale8/lncome from

Operations

Segment Results {Profit I (Loss) befol9

tax and interest from each segment}

Less: illnterest
il} Other un-allocable expenditure
net off unallocable Income .

31.3.16

Year ended
31.3.16
31.3.16
(Audled}
(AudltedJ

10,739
5,275
1,485

d) Unallocated
Total

3 months ended

Total Profit/ (Loss) before tax

Capital Employed (Segment assets Segment liabilities)
a) Sugar
b) Cogeneration
c) Distillery

d) Unallocated
Total

658

57648

Standalone I Consolidated Statement of Assets and Liabilities IRs. In lakhsl

Sl. No.

Standalone
Year ended

Particulars

31.3.16

31.3.15

(Audited}

A
1

EQUITY AND LIABILITIES

SHAREHOLDERS' FUNDS
(a) Share Capital
(b) Reserves and Surplus
(c) Money received against shale warrants

2
3
4

Share applk:atlon money pending allotment

Minority Interest
Non-current llabltitles
(a) Long-term borrowings
(b) Deferred tax liabilities (net)
(c) Other long tenn liabilities
(d) Long-tenn provisions
Current Uablllties
(a) Short-term borrowings
(b) Trade payables
(c) Other currant liabilities
(d) Short-term provisions

3657

..

4710

42,919
458

ASSETS
Non-current asseta
(a) Axed assets
(i) Tangible assets
(il) Intangible assets
(Hi) Capital work-in-progrus
{lv) Intangible assets under development
b) Goodwill on consolidation
(c) Non-currant investments
(d) Deferred tax assets (net)
(e) Long-term loans and advances
(f) Other non-currant assets

(Audited}

2.497
(2,672)

(175}

(Audited}

2,379
(954)

1.425

46986
1,099

45107

48403

43~77

48,085

44..134

48,293

1~340

87277

13,915
11355
8,374
259
33903
86748

20181
12379
17,215
230
50.005
93,964

17,524
19,663
10098
272
47.557
97.275

48,845

51229

53
130

92

52,917
3.326
130

55480
3,339

10.447
15,249
207
Sub-total Current liabilities
TOTAL EQUITY AND LIABILITIES

B
1

2379
2,381

Sub-total Non-current liabilities

2.497
1160

Sub-total - Shareholders' funds

(Audited}

Consolidated
Year ended
31.3.16
31.3.15

40.243

--

(973)

.-

..

146

6739

6739

.-

660

649

891

--

58855

.
.

(110\

173

880
-

Sub-totaiN~urrentasseta

56.427

19580
3421
426
3553
913
27893

27,477

Sub-total Current assets

21884
5,407
276
2541
742
30850

2416
1.017
36,700

28555
3,623
537
3,662
1,026
37,403

TOTAL- ASSETS

87,277

86748

93,964

97,275

Current asseta
(a) Current investments
(b) Inventories
(e) Trade receivables
(d) Cash and cash equivalents
(e) Short-term loans and advances
(f) other currant assets

57.264

5.446
344

59872

NOTES:
1
The above resuHs have been reviewed by the Audit Committee and approved by the Board at its meeting held on 28th May 2016.
2
Previous year figures have been regrouped wherever necessary.
3
Exceptional items represents the provision made in previous year, now not required, reversed.
4
The figures of last quarter are the balancing figures between Audited figures in respect of the full financial year and the published year todate figures
upto the third quarter of the current financial year.
5
It is hereby declared that the Audit Report issued on the financialresuHs (standalone and consolidated) is unm

Place : Coimbatore
Date : 28th May 2016

RAJSHREE PATHY
irperson and Managing Director