ECOBOARD INDUSTRIES LTD. (Manufacturers of Bagasse Boards) ECOBOARD INDUSTRIES LIMITED ‘UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE 2015 PARTI 180 9001 & 1S0 14001 CERTIFIED COMFANY| (Rs. In lakh) Rs. in Lakh 3 months ended Year ended Sr. No. [Particulars Soidunits | simdarits | sonuniia | avmmants Unaudited |" Audited | Unaudited | Audited 4. | Income from operations ‘8, Net sales/Income from operations (Net of excise duty) 565.04] 589.52] 400.40] 1,695.24 '. Other operating income 0.09] 0.09] 2.00) 0.00) Total income from operations (net) 506.04] 589.52] 400.40] 1,693.28 2 | Expenditure (2) Cost of materials consumed 497.85] 244.20] 292.19) 940.16) () Trade Purchases 0.09] 0.00] o.00) 0.00] (6) Changes in inventories of finished goods, work in (185.50) 174.59] 1265] 517.88 lorogress and stock-in-trade (2) Employees benefits expenses 4836] 97.44] 21.83] 162.41 (@) Power & fuel 85.24 17.85 773) 36.81 (9 Depreciation and amortisation expense 38.1o| ©3061] tos.as] 135.11 (G) Other expenses 168.80 224.51 54.43) 355.84] Total Expenses 650.85] 789.09] 493.68] 2,148.21 3 | Proft(Loss) from operations before otherincome, finance | (118.81) (199.57)] (93.28)]_(4s4.93)| Jcosis & exceptional items (1-2) 4 | Otter income 234] 85.08] 2442) 169.24] 5 _ | Profi(Loss) from ordinary actives before finance costs (113.47] (114.49)]—(68.86)]—_(288.69)| land exceptional items (3+4) 6 | Finance costs 104.09] 14821] 102.70] 467.99] 7 _| Proft(Loss) from ordinary activities after finance costs but | (217.58)] (262.70)|(174.56)| __(73.68)| before exceptional items (5-8) & | Exceptional items 0.00) (164.82) 0.09] 54.87| 8 | Proft(Loss) from ordinary activities before tax (7+8) (217.56)|-(427.2](174.56)| (698.81) 10 | Taxexpenses = Current tax 0.00] 0.09} 0.09] 0.00] - Deferred tax 0.09] 0.00] 0.09) 0.00] 11. | Net Profu(Loss) from ordinary activities after tax (9-10) (217.58)] (427.52) (171.56)) (698.81) 12. | Extraordinary items 0.09} 0.00] 0.00] 0.00] 19. | Net Profiy(Loss) for the period (11+12) (217.56)] (427.62 (171.86)| (698.81) 14 | Paid-up equity share capital Face Value Rs. 10) 1,78320| 1,78320| 1,783.20 1,783.20] 18. | Reserves excluding revaluation reserve 53.11) 16 | Earnings Per Share ( EPS) (In Rs) ~ Basic (1.22) 4 (0:98)} (3.92) = Diluted (1.22) (0.96)| ___ 3.82) Regd. & Corp. Off. : "ECOHOUSE” 65/1, Akarshak Bidg., Opp. Nal Stop, Karve Road, Pune - 411004, (India) Tel. | 009% (20) 41080808, 25432345, 25441485. Fax 0091 (20) 41080824, 25466328 E-mail: info@ecoboardindia.com. © Exo~ Friendly, - In Collaboration With Nature 0 SaveTrcee & Conserve PorekeECOBOARD INDUSTRIES LTD. PART II-SELECT INFORMATION months ended Year ended Particulars: BoKunits | Smarts | soigunria | Si/Mariis ‘A | PARTICULARS OF SHAREHOLDING 1 | Public Share holding = Number of Shares 74,52,406 | 74,28,215| 76,08,508| 74,28,215| = Percentage of shareholding 41.70%) 41.65%) 42.67%] 41.66% 2. | Promoters and Promoter Group Shareholding ) Pledged /Encumbered = Number of Shares d | q d - Percentage of Shares (as a % of the total shareholding of lpromoter and promoter group) 0.00%] 0.00% 0.00%| 0.0036 «Percentage of Shares (as 2 % of the total share capital of tne company) 0.00% 0.00% 0.00% 0.0034 ») Non-encumbered = Number of Shares 1,03,79,594| 1,04,03,786| 1,02,23,482] 1,04,03,786| ~ Peroentage of Shares (as a % of the otal shareholding of promoter and promoter group) 100.0%] 100.0%] 100.0%] | 100.00%| ~ Percentage of Shares (as a % ofthe total share capital of lhe company) 50.21%| 58.34%] 67.35%] _ 58.34% B | INVESTOR COMPLAINTS Pending at the beginning of the quarter, d Receive during the quarter q Dispose off during te quarter q Remaining unsolved at the end of the quarter d ‘SEGMENT REPORTING : months ended ‘Year ended or Particulars ‘BOKuAAS | 34iMarit5 | S0(dunMta | 3/Marhis No. Unaudited | Audited | Unaudited | Audited 1. |Revenue Particle Boards 3aze2| 43064] 30440] 1,393.58, [Bio Systems. 222.22| 158.88, 600| 299.70 Total 505,06 [ 580.52] 400.40 [1,693.28 2, [Segment Results [Profit before interest and tax [Particle Boards (123.83) 1618] (67.99) 71.46) Bio Systems 1036] 47.32 (087) 85.77 lothers 00] 16482], 0.00 54.87, Total (i3.47)| (278.31)|(68.e6)| (230.82) Less: Interest jos.09[ 14821] _10270| 467.99 Profit before tax (217.56)|(427.52)|"(171.86)| (698.81) Less:- Income tax 0.00 0.00 0.00 0.00 Profit after tax (2i7.56)| ___(427.52)| __(a71.56)| 698.81) 3. |Capital omployod |Segment assets less segment lables |Partcle Boards s5e31| 7a623| 2,936.75] 786.23 Bio Systems 15422 | 143.86 s722| 143.86 [Total 712.53 | 930.08 | 2,393.97] 930.09ECOBOARD INDUSTRIES LTD. Notes: ‘The above results have been considered by the Audit Commitee and approved by the Board of Directors in their respective meetings held on August 14, 2015. ‘The previous periods’ figures have been regrouped to conform to current periods’ required classification, ‘Work of improvements in material preparation section of existing production line was completed during the quarter ‘ended 31.03.2018. Work of setting up of new production line of 8x" size particle boards is sill in progress, Discontinuing Operation: ‘The Company has decided to dispose offselits particle board plant including land and buildings situated at vilage -Jamhulwadi, near (slampur in District Sangli, Production in this plant was discontinued in April 2010. Proposal was ‘approved by shareholders on &th February 2013. Plant and machinery and some of the movable assets of this Unit ‘were sold during the year ended 31.03.2015. Etforts forsale of remaining immovable assets incluging land and building of this Unit are in progress. Select financial information relating to this nit, included in figures given in above statements, is given below: luni S1/MarAS § SOKunt4 34MM Unoudied Audited — Unaudited Audited Carrying amount of total assets to be disposed off 23449 29862 810.27 238.62 Carrying amount of liilties to be settied 5.34 5.34 393 5.34 Revenues in respect ofthe ordinary activites attributable to 0.00 0.00 0.00 0.00 the discontinuing operation Expenses in respect of the ordinary activites attributable to 438 (2564) 21.38 2581 the discontinuing operation PPre-tax profil (loss) in respect of the ordinary activities (438) 2564 = 2.38) (ase) attributable to the discontinuing operation Income-tax in respect ofthe ordinary activities attributable to 0.00 0.00 0.00 0.00 the discontinuing operation For Ecohoard Industries Limited Date: 14.08.2015 (VS. Ralu) Place: Pune ChairmanCHATURVEDI SK & FELLOWS CHARTERED ACCOUNTANTS 410, DEV PLAZA, SV ROAD, ANDHERI WEST, MUMBAI 400 058 Phone: (+9122) 6694 3452. Fax: (+9122) 6694 3453. E-mail: cskfelos@cskfelos.in INDEPENDENT AUDITORS’ REVIEW REPORT To The Board of Directors of Ecoboard Industries Limited We have reviewed the accompanying statement of unaudited financial results of Ecoboard Industries Limited for the quarter ended 30th June 2015, being submitted by the Company pursuant to the requirement of Clause 41 of the Listing Agreement with the Stock Exchanges except for the disclosures regarding ‘Public Shareholdings’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the Management and have not been audited by us. 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 these financial statements 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” 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 financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provide 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 above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with Accounting Standards specified 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 generally accepted in India, has not disclosed the information required to be disclosed in terms of Clause 41 of the Listing Agreement with the Stock Exchanges, including the manner in which it is to be disclosed, or that it contains any material misstatement For CHATURVEDI SK & FELLOWS Chartered Accountants \\, (Firm Regn No. 112627W) 2) tu-- ‘Subhash Salvi Place: Pune Partner Dated: August 14, 2015 (Membership No. 127661)