° NIKHIL ADHESIVES LIMITED ‘Am 180 9001 : 2008 Certified Company (Formerly emulsion business of Mafatlal Dyes & Chemicals Limited) ‘HO. : A, $01 / $02, Mathura Apt, Near Vishal Hal, Sir M. V, Road, Andheri (E), Mumbai - 400 069. “Tah: (81) 022 - 26835964 / 2683 6558 + Fax: (91) 022 - 2684 0654 Ema: balaGnithiiadhesivescom + Website www nthladhesives.com CIN : L51800MH1986PLCO41062 UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE, 2014 (EINTAKHS) [PARTI ‘Unaudited ‘Audited se artcalaes ‘Quarter Ended "Your Ended lwo ¢ soneana | siesana | sooeans | ssa 1 |hncome from operations |) Net salevincome from operations (Net of excise duty) usr esse20] —arzas) (6) Other operating income z 210} 2340] sare) 13332) [Total income from operations (oa) aes iesa] essa] S71 2 [expenses a) Coat of materia consumed soz250] sezr2] seri] 1388 0) Purchases of sack-in-trade e045 rss] 1208] e774] ) Changes in inventories af finished goods, asl ast 370] 12925) ‘work-in-progress and stok-inrade 4) Employee benoit expense 13655] saas| uaz 48550 \c) Depreciation ad amortisation expense sox ‘ea saay| 201.74 9 other expenses 350) saas2| 0a asor| rota expenses eas asa] asso] 2 3 | Prot rom operations before other s645e| asa| as. 102500] income finance cots & exceptional ems (1-2) 4+ lomerincome az} 1545] | 1808) 5 Pott rom ordinary activities before 18933) 231] sa 104308] linance costs and exceptional items (3+ 8) 6 | nance costs 15353) 11800] sus 2 ott rom ordinary activites after 50) 1064 6.7] |snance cons but before exceptional items (-6) 1 escoptiona items Net orsign Exchange Lowa) (a7 usa7| 3.0) 3 [Pro (Loss) from ordinary 35.8 sz 7 lactis before tax 7-8) 10 [raxexpense - |current tacome Tax | | i! | Detered Tax 434 1059) | 1059) 11 |werPrott/ Loss) from sias| 500 nz) 2548) orsinary activities after tax (8-10) 12 festezorinary items (net of tx expense) | | 13 |Net Pri (Lom or the perio (1 12) suas] sos 12] 2s. TH PPai-up equity share expital ase) was) (face Vale ofthe Shave Rs: each) 15 |Reserve excluding Revaluation Reserves sont 1 |aning Per Share (EPS) [Not auto except torte year ended Sst March 218) a) Mase & diluted EPS before Extraordinary ems si 218] a) a i & diluted EPS ater Extraordinary ems asi asl us | Regd. Off. Unit I: Shree Estate. Colege Ro. Vaan, Dahanu - 401 602. Manarashira Tel. (02528) - 224463 / 099204 35588 «Fax (02528) 226195. Unit AL :7A/ 8, Govt ndustal Estate Dist. Piparia, Sivassa- 396 230. 0.8 N.H.» Tel: (81) 0260- 264008, 093747 06309 Unit II: Plot NoD-2/ CH /49,GIDC industnal Estat, industrial Phase - 11. Dahe|- 92 130 Tal. Vagr, Dist - Bharuch, Gujarat.® NIKHIL ADHESIVES LIMITED CONTINUATION SHEET FraRr=a asad | “rea arias Ges Ee Tear ned Tana suaane | — naam 4 Jara of Shae Hotding + ube Sarhetding umber Shares’ tamz0| tsmz0| rasta) 1303290 recente of sharehoiing asm] tS sa ss 2 |romoto & Promoter Group Shareholding fs) PedgedEncumbered | Noofshares sragm| srs] sss] saan | recentge of shares ot the oat za 281 2am za sharooldingo Promotes Promeer Group) | Percenage of haere ao the ttl Share unl ual un un Capi othe Company) lb) New acumbered | Ne of stares soasizo] sam] asagean]——sana0 | Percentage fares 2% of the tot 7a “7.09 en 7.0 shieling emis Pen Gen share ofthe eal Share ws ws sex os! Cipla Conny Pca Gantarended omame [1 fovetor Compains renting ae pring ofthe quar nil acid daring the guar Nil [Disposed of during the quarter Remaining unresolved atte en ofthe quarter Nal| CONTINUATION SHEET NIKHIL ADHESIVES LIMITED Notes : ‘ : 11) The above results were reviewed by the Audit Committee and thereafter approved by the Board of Directors at their respective meetings held on 30th June 2014. 2) The figures of the last quarter for the current year and for the previous year are the balancing figures between the audited figures in respect of the full financial year ended 31st March and the unaudited published year-to-date figures ‘upto the quarter ended 30 June, which were subjected to limited review. 3) As per the requirements of the Companies Act, 2013, the Company has computed depreciation with reference to the useful life of respective assets specified in and in the manner prescribed in Schedule II of the Act. Consequently, «depreciation forthe quarter ended 30th June, 2014 is lower by & 20.81 lakhs. For Nikhil Adhesives Limited @ (Umesh J. Sanghavi) ‘Managing Director Place: Mumbai'SEGMENTWISE REVENUE, STANDALONE RESULTS AND CAPITAL EMPOLYED FOR THE QUARTER ENDED 30TH JUNE, 2014 (SIN LAKHS) . nmi Audited ‘Quarter Ended Year Ended PASE Ore soosan | stanams soosans | stosame [1 SEGMENT REVENUE (@) Manufacturing of Adhesives & Emulsions 475908 asia 85 6 1658889 (8) Trang in chemicals € Others raz 1198540 137037] sas (0 Unallcabie 3 - . Total 646846 6469582 485585 241700 Les Inter Revenue = z ss = [NET SALES / INCOME FROM OPERATIONS aos] oan 455505 [ 231700] 2 SEGMENT RESULTS PROFIT-PBIT () Manafacturing of Adhesives & Emulsions 2697 23746) 17624 65520] (6) Trading in chemicals & Others 1668 394 20 7605 (0 Unalleable 4 . 2 Total 23.65 2687 eu 73133 ‘ese: ( Interest Financial Charges (Net) 153 ui 11500 54691 (i) Other Unallocable Expenditure not of 432) 3930 x27 1735 Unallocabe Income _ ‘TOTAL PROFIT BEFORE TAX Ex] aC a7] 307) [3 CAPITAL EMPLOYED (Seyment Assets - Segment Libiies ) (@) Manfectaring of Adhesives & Emulsions 446.05, 485929 389759 485929] (© Trading in chemicals &e Others 139637 112863 192.00) 112863 ()Unattoable a a _.|Paresh Vakharia PHD 3 Associates — Chartered Accountants Deepak Thakkar Dhiren Vakharia Pinang Shah LIMITED REVIEW REPORT To, ‘The Board of Directors . Nikhil Adhesives Limited We have reviewed the accompanying statement of Unaudited Standalone Financial Results of Nikhil Adhesives Limited (‘the Company’) for the peri 30 June 2014 except for the disclosures regarding “Public Shareholding’ 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 respons! ended y 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 Engagements (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 provides 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 standalone financial results, prepared in accordance with Accounting Standards issued under “Companies (Accounting, Standards) Rules, 2006 which continue to apply as per [33 of the Companies Act, 2013 read with Rule 7 of the Companies ‘ ( YO 47 rasa Chambers, Level 3, Teli Park Lane, Andheri East, Mumbai 400 088, India. SS” Tel (#91 22) 2682 0083.1 Fax: (+91 22) 2683 0824 | Email: phd@phd-ca.com Website : www phd-ca.com(Accounts) Rules, 2014 and other recognised 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 including the manner in which itis to be disclosed, or that it contains any material misstatement. For PHD & Associates Chartered Accountants Firm Registration No, 111236W, D.V. Vakharia Partner Membership No.: 46115 - Place: Mumbai Date: 14 August 2014