L

07.11.7016
The secretarv,
The Stock Exchange -Bornbav

Phlroze}eeJe,.~bhoyTowers
Dalal Street
Bombay - 400 023.

Phone 0222;'72 2375, Fax 022-2272 31 21!2061/2(}41/2039

National stock Exchanqe Of Ind'. tt,L,
Exchange Plaza,
Bandra Kurla Comptcx, Bar ra East,

'''llmbal 400051
Phone 022-2.653 823 ,26598235,2659 BlOO, FAX 022-2659 8237/38

Dear Sirs,
Sub: Subrmssion of
limited review report

un-audued results for the quarter Derioli ended lD.09.201D olonq Will'
- Reg

We enclose herewith un-audited result~ for the quarter period en(1e(j 3{L09.LOIG along wrlh
limited review report given by

O,Jf

auditor on the above finanCIal Jesuits

Kfndty ackI1o','j'ledgereceipt of the same

Thanklng you,

Yours faithfully,
FOI Revatlu ::qulpment Ltd ..

. K-G2",~

_1- (r-1.N.Snniv6,,::rn)

Cornpanv secretarv

---------------~-

-.-

..

---

Revathi Equipment Limited

331 Ponachi Road, COfmbalore 641 05G InOla Phone 042~ :2610851 0422 6 ~:::>1i}O Fa" u4'!
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Notes:

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--

I Committee. The
1 The above results was approved In the meeting of the Board of Directors held on 7th November 2016 duly reviewed and recommended by the Audit
limited review as required under regulation 33 of SEBI ( Ustlng Obligations and Disclosure Requirements) regulations, 2015 given by the Company's statutory
auditors has been sUbmitted to stock exchanges seearatell2 The results are available at the web site of the company viz WWw.revathi.i~
3 Fixed assets Include Rs.1549.3 Laklis as on 31.03.2016. pertaining to the Construction Equipment Division (CEO) which was originally located in ChennaJand after
downsizing was shifted to COlmbatore in the year 2012-13. CEOdivis.lon Is being held tor disposal. Pending such disposal,the fixed assets of the CEOare being
valued at the book value as on 31 st March 2014. The CEO.diviSion also had'certain inventOries which are non -useaote and a provision ot Rs.42B.93 has been
showed under exceptional itl!m for the year ended 31,03,2016.
_
4 The Company Is I!ntitl~ to 64000 sq.feet of saleable area-In the PanchTatva Realty-assodation ot persons(AOP).Qut of 64000 sq.teet area,an area of 10795
sq.feet was sold to the other AOP member - TrldhUfu Realty vide modJficationdl!ed dated 17.12,2015.ThI! resulting profit of Rs.1362.65 Is shown as an
exceptional Item for the year ended 31,03.2016.The Company's entitlement is limited to above mentioned saleable area only,

-------.

51The company operates In a single operating segment of manufacturing of equlpments.

6 !previOUsperiods' figures have been ~

to copfor

'lYLtIJ the current

oeriods' ~rs.senta!l~r wherever aP-l2licable.

'For

Date: 07.11.2016
Place:Banlialore

and on behalf~_e

--- -. IT ._,

;;L
- ..".-~--.

---_.

fCs.Harihara!1J..-L.:-.
Whole-time Oirector

board

--

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14 b-I 45 Tribhuvan Complex

5 5 HOTHAAI MEHTA & CO

CHARTERED

Ishwar Nagar
Mathul d Road
New Dcfhi-ll 0065
Phones .... 91-11-4670 8B88
Fax :
+91-11-66628889
e-mail delhl@sskmin.com

ACCOUr-."TANTS

limited

Review Report for the quarter and six months ended September 30, 2016

To
The Board of DirE;ctors
RevathiEquipment Umited
1. We have reviewed the accompanying statement of unaudited financial results (lithe
Statement") Revathi Equipment Limited ('the Company) for the quarter and six months
ended September 3D, 2016. The statement has been prepared by the company pursuant
to Regulation 33 Obligations and Disclosure Requirements) Regulations, 2015 (the "listing
Regulations, 2015"), which has been initialed by us for identification purposes. The
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.

2. 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 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.
3.

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.

4. Based on our review conducted, nothing has come to our attention, that causes us to
believe that the accompanying Statement has not been prepared in all material respects
in accordance with the applicable Accounting Standards presscribed under section 133 of
the Companies Act, 2013, read with Rule 7 of the Companies (Accounts) Rules, 2014 and
other recognized accounting practices and policies, 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 5.5. Kothari Mehta & Co.

Chartered Accountants
Firm Registration No. 000756N

c_-

_____

. I~l!:~~:.,D.
A

~~-:-2j/~~

..----Sunil Wahal

'i)'"

.-~t "H\ JtlHf \..I

\. "
'
.\''"1,.
/ :
Partner
. >,---._....: ...,
Membershfp No. 087294"'8:~:: -'
Place: New Delhi
Date: 7th November, 2016

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1 The 'above results, wa!i approved in the

eoomttee. The limit2d review

n1eetino rA the

Board ct' OiredXlts held on 7th NoYeniber 2016 duly reviewed and ,~!ded

as regulred under regulatiOn 33 cl SE81 ( 1.i$tIng' Obligations and Disclosure Requirements)

reg\liations, 2015

by the Audit

given by' the

Company's statutory auQitors Is belbng submitted to stock, exr;hanges separately.

2 The results are available atthe web Site of the company viz www~tco.in
3 FW!d assets indude Rs.1549.3 L.aIchs as on 31.03.2016 pertaining to the Constr.ud:ion Equipment DM$i0!'l (CEO) which was origiMJIy located in Chenna,i and
after downsizing was shifte!:l to Coimbatore in the year 2012-1'3. CEO division is being held for disposal. Pending such disposal,the fixed assets of the CEO
are being valUed at the book value as on 31 st March 2014. The CEO division also had certain inventories which are non -useable and a provision of
Rs.42B.93 has bee"I showed under exCeptional item for the year ended 31.03.2016.
4 The Company is entitled III 6'1000' sq.feet of'saleable Mf!1I in the Panch Tatva Realty-association of persons{AOP).Out of 64000 sq.feet area,an 'area of
10795 sq.feet was sold to the other AOf> member - Tridhaatu

Realty vide

modification deed dated 17.12.2015.The

resulting profit of Rs.1362.65 is shown

as an excepIIOrial itemfor the year ended 31.03.2016.The Company's entitlement is 6initedto above mentioned saleable area only.
5 Previous periocjs' figures have been regrouped to conform with the current periods' presentation, wherever applicable.

Date: 07.11.2016

PIece: ....... Iore

;ixr:
~

WhoIe4Jme

Director

Revathi Equipment Umited,

Registered Office:
Pollachi Road, Malumachampatti Post,
Coimbatore - 641050
Consolidated

Statement

of Assets and Uabilities

as on 30.09.2016
Rs in Lakhs

As at (current half
year end)

Particulars

30.09.2016

As at (previous
year ended)

31.03.2016

A EOUITY AND LIABILITIES

1 Shareholders'

funds
(a) Share capital
(b) Reserves and surolus
Sub total - Share holders'

2 Share application

306.7
14433.6
14740.3

funds

money pe-ndina allotment

3 MinoritY Interest

306.7
14716.5
15023.2

1943.2

1925.0

4 Non-current

liabiliUes
(a) Long-term borrowings
(b) Deferred Tax Uabilities (Net)
1
c) Other Lona Term Liabilities
d) Lono term proviSions
Sub total - non current liabllit;,es

8.2

9.2

457.4
465.6

472.0
481.2

4092.0
1943.4
1 451.5
417.9
7904.8

8012.0
2272.0
1691.8
371.2
123.47.0

5 Current liabilities
a Short-term borrowinqs
b Trade oavables
c Other current liabilities
d Short term provisions
Sub total current liabilities
Total Eaultv and liabilities

25053.9

29776.4

2137.4
4486.2
1669.8
200.9
1531.7
543.1
10569.1

2054.6
4486.2
1669.8
198.9
1345c8
825.2
10580.5

150.0
3304.1
6169.9
2911.0
1570.9
378.9
14484.8

200.0
2210.2
12975.3
2194.2
1231.4
384.9
19,196.0

25,053.9

29,776.5

B ASSETS
1. NO.n-current assets
a Fixed assets
b Goodwill on consolidation
c Non-current investments
d Deferred tax assets (Net)
e) Long-term lo.ans and advances
Other Non-Current Assets
Sub total Non current assets

.m

2 Current aMets
a Current investments
b Inventories
c Trade receivables
d Cash and cash equivalents
e Short-term loans and advances
(f) Other current assets
Sub total current assets
Total Assets

Date: 07.11.2016
Place: Bangalore

:o~a;

7t::a~

(S.Hariharan)
Whole-time Director

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5 5 KOTHARI MEHTA & (0

CHARTERED

ACCOUNTANTS

146-14B Inbhuvan

Comrie>.

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Consolidated LImited Review Report for the quarter and six months ended September 3D, 2016
To
The Board of Directors
Revathl Equipment limited
1. We have reviewed the accompanying statement of unaudited consolidated financial results (the
'Statement') of Revathi Equipment limited (the 'Company') and its subsidiaries (including st~p down
subsidiary) (collectively referred to as 'the Group') for the quarter and six months ended 30 September,
2016 attached herewith, being submitted by the Group pursuant to the requirement of Regulation 33 of
the SEBI(Usting Obligations and Disclosure Requirements) Regulations, 2015 (the "Listing Regulations,
2015"), which has been initialed 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
issuea report on the Statement based on our review.
2.

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' 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 assurancethan an audit. We have not performed an audit and, accordingly, we do not express
an audit opinion.

3.

We did not review the statement of unaudited financial result of one step down subsidiary incorporated
outside India whose financial results reflect total assetsof Rs. 2532.90 lacs as at September 30,2016 and
the total revenue of Rs. 562.22 and Rs. 1,206.94 lacs for the quartet and six months ended September 30,
2016 respectively. The financial statement of aforesaid step down subsidiary duly certified by the
management has been furnished to us. Our report to the extent it concerns this step down subsidiary on
the unaudited quarterly and six months ended September 3D, 2016 is based solely on the management
certified financials.

4.

Basedon our review conducted as per paragraph 2 above nothing has come to our attention that causes
us to believe that the accompanying Statement has not been prepared in all material respects in
accordance with applicable Accounting Standards prescribed under section 133 of the Companies Act,
2013, read with Rule 7 of the Companies (Accounts) Rules,2014 and other recognized accounting practices
and policies in India has not disclosed the information required to be disclosed in terms of Regulation 33
of the SEBI(listing Obligation and Disclosure Requirements) Regulations, 2015 including the manner in
which it is to be disclosed or that it contains any material misstatement.
For S.S. Kothari Mehta & Co
Chartered Accountants
Firm
?a.tion
No. 000756N

~~h~~;:c.~

SunilWahal

Place: New Delhi

Date: 7Th November, 2016