Ref: NCLICS/2016/24 May 27, 2016 ‘The Manager Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street ‘Mumbai — 400 001 Fox: +91 22 2272 2082/3132 BSE Code: 639332 ‘The Manger Bandra Kurla Complex “Exchange Plaza’ National Stock Exchange of India Limited Listing Department Bandra (E) Fax: +91 22 2659 8237/38 ‘Mumbai - 400 054 NSE Code: NAVKARCORP Dear Sirs, ‘sub : Audited Financial Results for the Quarter / Year Ended March 31, 2016. Ref Regulation 33 of SEBI (LODR) Regulations, 2015 Pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015, please find enclosed herewith the following: 1. Statements showing the Audited Financial Results (Standalone and Consolidated) for the quarter / year ended March 31, 2016. 2. Form A (for the Audit report with unmodified opinion) ~ Standalone and Consolidated 3. Auditors’ Report on the Audited Financial Results - Standalone and Consolidated ‘as approved by the Board of Directors at their Meeting held today ie, Friday, May 27, 2016. Please note that the Audit Report is with unmodified opinion, ie. no matter of emphasis or {qualification is reported by the Auditors, Please acknowledge and take the above on records. ‘Thanking you, Yours Faithfully For Navkar Corporation Limited ow Company Secretary Encl As above Regd Ottice: 205-206, 2nd Floor J.K. Chambers, Sector-17, Vashi, Navi Mumbai-400 703 @ CIN: U63000MH2008PLC 187146 T++91-22-2700 8229 «2766 8283 | F +91-22-2766 8238 » 2766 8230 « www.navkarcfs.com ‘Admin Ottice : Survey No.89/93/95/97, at Somathane Village, Kon-Savia Road, Taluka-Panvel, Dist. Raigad, Maharashira-410206, inaia T-491-2149-662525 (100 lines) @ +91-2149-262028.32 | F +91-2143-262042 @ +91-2143-262011 | E admin @navkarcis.comM/s Navkar Corporation Ltd entaner Froght Stators Pa ermal NAVKAR CORPORATION LIMITED Resisere Otfcw 208-208, 2nd Foor. JK. Chaméers, Secor 1, Vash, Naw Mumba: 400705 ‘Website rap: lww naval com, CIN: LSSOOOMH2O08PLCi#7 146 [STATEMENT OF STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31, 201 a Tn acs oxcopt EPS] Sr. [Panicuare “Guar Eas ‘Year Ended No. Tiarch —]" December | —Wareh | —Wareh "| March | suaois_| suger | sezors | se zore | ae-zot5 ‘hedtes) | TUraustody | Tunassted) ] —tauates) | aot) (Rete Ne 7 (Per Note bet batow 1 income from Opwrations |@) Net Sale! Income tem Operations Natt Servcotaxana sales | .g7036| a62077| aairza| aasarae| szseras fray 2) One Operting nome 16525| 10999 socs| _s7axs| _aorsa Hota income Wom Operations [nl Bisse | 6520.16 | —“sairst | —saras73| sara 2 [Expeor Ia) Overatng Expenses soi6s| seres3] sesoss | searss6] rae2ss7 o) Encioys beefs expense ‘ecosi| eaoes | 68370 | “aarsor| ‘2azase |=) Ceeeaatan ana arrtsaton expense fos5| asst | © Seag0 | Yaaear| aanae fa) Net Foreign Excnange Loe! (San) tises| 21853 | snr] 1.65400] tasuae leone Expenses wur23| 1343] szoste | 2ecass| 32908 trowtexcentes as6.15| —Sazs03 | —s60085 | —ahz7e 77] —aaaaeae 3. [Pott (Loss ram operations before other Income, finance coats] —Szas.e0 | 290773] —nya672 | —t1.teae | 104859 lan exceptional toms (1.2) 4, [Dherhcone: Soar] pee | se | ae] ar 5 [Prot (Loss) Wom ordinary acvibes before Tnance coats anal 41.06 | 426239] —2a6n0¢| —TAS8230 | —TO7466 lexceotionsl tems (9+ 4) 6. narcaoss mal sas | ere a a 7 [prott (Loss) Wom ordinary actives air Tnance costs bul] —3srrsa] —Sranso} —ayeo2 | —ta20ase | —e1377¢ t (8. o (Eeepentans a 7 = > 8. [Prot (Loss rom ordinary aciviles bate tax) Serre | —sraaso| —aaeos | —saease | —ararre 10. [Foceeree T5231 e030 ess gre re] taro 11 [Net ret (Coss] rom aranar activi ater tax 80 242.36] —s.1eaa0-| 194181] —Taseoas | eens 42 [Besocnan tom : 7 13 Net Profit (Loss) forthe pried 1-2) zaaass | —saaaes | aan | —ropaaas 14 |Pastup equity share canal race value Ra TOeachequiy stare) | —v4ze080 | —v4'2s0.80 ] —wooroae | — 1420080 18 [Reson exuding Revalanion ReveveT a per Glance Saat WaT | ETE 16 [Earnings Per hare of Rs, 70 each (not anwalaod) Jareese 199 2a im 805 635 [or ottes 198 2a se bos ea Regd Otice: 205-206, 2nd Floor, 1K. Chambers, Sector-17, Vashi, Navi Mumbai-400 703 ® CIN: L63000MH2008PLC187146 T-+91-22-2705 6223 « 2766 8283 | F +91-22-2766 8238 # 2766 8239 yavw.navkarcts.com Admin Office : Survey No.89'99/95/97, at Somathane Vilage, Kon-Savia Road, Taluka-Panvel, Dist. Raigad, Manarashtra-410206, india T+91-2143-662525 (100 lines) @ 191-2149-262028-32 | F +91-2143-262042 « +91-2149-262011 | E. admin@navkarets.comContaner Froght Strona xmas NAVKAR CORPORATION LIMITED Registered Ofce 205-206, nd Foor, JX. Chambre, Seco 17, Vas, Navi Murai 400705 “Webstehtp/im navkarcl com, CIN’ USSOOOMNZOOBPLCTT 46 ‘STANDALONE STATEMENT OF ASSETS AND LIABILITIES am Rms Paras feat Aaa warenss, | maren3t, 2016 201 steal | —stedt [EQUITY AND LABLITES 4 nareholaers’ fans i) stare Capea suaooe0| 1420048 2) Reserves ane Supls cerar5| 3952618 [Subsotal- Sharonolaers Tne 05 230.08 | — 8072530 % on-curent abies la tsgrerm Gorownoe resize | snaoea2 [i Getored Tax abies (Net) ‘osrre | “339871 |} Gimer Long-Term uaoines 150 250 Ip Long-Term Provsens ssas| 20548 {Sub - Non-Survent Taba Sagres | sae 3 feurrent tabi (a) Stor Term Borowings sassz7] 280378 (0) Toae Payades 36083] zaar (6) Oner Curent Usdites soseros | 10318559 (d Snorer Provan gouta| “G26 26 [Subtotal Curent ibilios rrosse | tees ar [TOTAL “EQUITY AND WABI TIES Tengzos2 | 107201201 iE a) raed Arete ntusg capt work:n roress) ozes79] TasTa se 0) Non Curent investments 500 300 \e) Lovg-Term Lane and Advances zasaaT| 1437508 oh) Ora Non Curent Ase Stare] “aap. eal -Non-Current sais 7708.08 | ago. = [eurent asst ay Curent nvesenones q 0189 |} ventas (Spare Pars an Consumables) secre] e158 Ie) Tae Recevane aporoe| rar Ih Caan ana Gone Batanoes 23st oe |) Sron-Ter Loans and Advances ‘be200| 242018 [sone curen Asses ss06%| 352773, bol Curren Assis srase| ta za07 ofl ASSETS “easz0s2] —tor2st.24) Noto: one stove standalone trancl resus othe quarter and year ended Mach 31,2076, 2 reviewed by he Audt Commit of te Boe, were approved 225 fucn on eco oye Baad of Orecor atte mastng had on May 27,2080 The inca ests of te Company forthe yar ended March 2o1Ghave boon ated by te slater autos ct tbe Company. 2. Cerin edicion ote estimated deptoment funds towards the objets of te IP, in iat of movement in prices of machinery and rau materi St revewee bye Aust Gort of te Board, wore approved bythe Board of Directors ofthe Company atta meeting held on November 2, 2015 Shslacaronghy, te Compary estates savings toe tune of Ri 8,728.70 Lac, subject o any fre revsions in pies the Rue. The Company ‘ical weer i uae he eval excess funds on account ofthe aforemeatoned revsios fo repayment fs esting leans, which wil resuce be ltorest costs ofthe Company. n accordance win te aosures mace n be Prospectus, atthe actual ubsaton towards te objec lone han the pepoced deployment due fo revcn inthe estimated coats, the COMpary iniands fo use such costs saved fr futher investment in Business ‘fou and expansion opp, 3. The Compary competed its nial Puble Ofeing (PO). Pursuant nal pubic oerng of 38,709676 Equty shares of Ra. 10 exch consistng ofa fresninave of 92505225 equty stares and an fle for sale of 5606451 equty shares by Sichnarna Corporation Private Lined. The Company ‘tots 32 3225 Equty Sores of. 10 cach at an ue pice of Ri 155 por equly share. The sl expenses in conneon wi he PO ae shared ‘iktcen the Company and Slunhorka corporascn Private Lied nthe proprten of be amount recawed tom the IPO proceeds. Share issue frpenaes ae usta gant the seule premium account Fresh equity shares were ate by the Company on September 4,215 and these shares ankparipass with the exiting shares. The equity shares Cline Gombony were sted on The Natonal Sock Exchange of nda Lind and BSE Led on September 8, 2015. LE Rega Ofice: 205:206, 2nd Floor, 1K. Chambers, Sector-17, Vashi, Navi Mumbai-400 703 CIN: L63000MH2008PLC187146 T +91 22-2766 8223 ©2765 8235 | F +91-22-2766 8238 « 2766 8239 « wuw-navkarcts.com Adin co Survoy No 8088/7, a Somatane Vilage, Kon Sava oad, Taka Pavel. i. Raigad, Maharashia 110206, da T491-2143-662525 (100 lines) » +91-2143-262028-32 | F +91-2143-262042 @ +91-2143-262011 | E. admin@navkarcls.comM/s Navkar Corporation Ltd NAVKAR CORPORATION LIMITED Registers Otlce 205-20, 2nd Foor, JK. Chabers, Sete 1, Vash, Nav Mumba: 400705 ‘iebate npn navi om, CIN” LSSOOOMH2ODBPLCTS7 146 4. Uslaton of firs raises tvough nal Public Oteng (IPO) of eauty shares as on Mach 31,2016 38 tows Re. inLacs Paria ‘Amount Sea Tan Ta aS TT 5100005 [oes sue expenses (nducng earn ax) S05 78 Proceeds fo 10 asia [Less Usteston ot PO prooede ato Marea 32016 36,7630 [Fonds tbe Utiees man rvesis'n bark cuter abesun and post) TAgg7 a2 ‘obcrvse deta of wat ae a under: Reintacs Panic Proposed | Revised] Amount] — Amount lamountes per| proposes | utsed to | unutised as prospectus | “amount | Maren 3%, | on March 216 | 34,2016 a ia @—e@ra-a [Capaiyerhancoment ot ie Sonatiane CFS Tiaszao] 798030] —seaoao]aseaso [Develonent of te ron oiled areas of CFS '542510| 460270] 191880 277290, [Estbistimer of logs park at Valsad (near Vap) 314so50| 2552560] 678270] 20,4250, Repayment toa =| “a7aso| _7assco| “12730, ota “aa354a0| as 3340 | 7,776.30] 7,558.10 ‘he amount pening villzson skein Fes Depots win Banks ang Mantonng Curent Account with HOF Bank Lmtd as under Pane ‘mount [Detais of Unalised Funds os on March. 2076) lnvesterts nized Depots wih Barks 2798310 lnMontoang Curent Aout wih HDFC Bark Lmted eeee ‘5. The Company is engaued in CFS Operations and related activites dung the period, consequent the Company does not have separate repr tusinesesegrent or quart’ ard year ended March 31, 2016 6 As he Conary comslatad Ks PO cing September 2015, ts isthe fet Enancal year for the Company fo publ ests ax per clause 41 of te {ng aprement Replaton 33 of SEB (sing Obigators and Dacosue Requrements) Regulators. 2015 Forte purpose of hese resus, be ‘Spurs dscioed rhe quater engea March 31,2015 ar tha balancing pre between unaudtod fg in respec othe pred of ine mens ded ‘Secamber 31, 2014 ard te aust Sues Yr yeu" ended March 31, 25 Figues for period of ine move ended Decambe’ 3, 2014 have been prparedby tie management and have ot been Sutjeced tobe reviewed by fe Staton o's. 7. owes or the quarter ended March 31,2016 are the tlancing fue betwen he suited gues in respect ofthe fl ancl year uo Mach 31, 2516 and tne unused publishes yar'o cate fgure upto December 5, 2075 belgie dat he end fe Bue quart ete tran Yar which ‘woe subjected hted review by be Story Sudo: ©, The Company entered ito to ansactons for purchase of certain parcels of land fra consideration of Rs. 6.81048 Lacs tom rete parties on November 26 2018. The Board of Dror of te Company has, on econmendaton fom he Aust Commie, approved bese vansartonepusuat {Sa vessuion date January 15. 2048. The approval and raeaton of te members fo the aoremertanes wana ae aug Brough Postal Blot and E-otng preces ana the Resolutions nave been passed tvoupn Postal Bellt and E-otng process and tne same is declared on February 016 9. Stare olsers have approved issue of borus shares, aggregating to 91 420,685 eauty shares of Rs 10 each, on Febrary 28, 2015in te rato of fe ‘uly pd wo equty sare for every eguiy share hed on March 2, 2015, beng be record date. As per AS-ZO, case of bonus shares, fe nunber of ‘shaves ouslasng below the ever is ested er tha poporonaie change nthe numberof equly shares ctsancng asf te evet has occured at the Seporing of he earest pero reported. Accoingy, weighed average numba of equlyshates oustanding dung all Be previous peed have ‘boon ausiodin case ef bot baste and luted EPS, 10. Figures rating to the pevous periods / year have been regrouped J earanged, wherever necessary to make them comparabe wih those of be For wh ba of Bont of ret, CAD a= fen) apenas Sa ee eels ca nae Date: May 27,2016 DDI Wo 0194162 Regd Otice: 205-206, 2nd Floor, 1K. Chambers, Sector 17, Vashi, Navi Mumbai-400 703 « CIN: L63000MH2008PLC187 146 -+91-22-2766 8223 «2766 8233 | F+91-22-2766 8298 e 2766 8239 « www.navkarcts.com Admin Office : Survey No.89/99/95/97, at Somathane Village, Kon-Savia Road, Taluka-Panvel, Dist. Raigad, Maharashtra-4 10206, India T491-2143:662525 (100 lines) @ +91-2143-262028-32 | F +91-2143-262042 ¢ +91-2143-262011 | E.admn@navkarcls.comPV nmr (For Audit Report with Unmodified Opinion) {Pursuant to Regulation 33 of SEB! (Listing Obigations and Disclosure Requirements) Regulations, 2015] oe ae ‘Company \Navkar Corporation Limited Chairman & Managing Director DIN: 00134162 For Navkar Corporation Limited Date: May 27, 2016 Place: Navi Mumbai ocd Ofiee: 25-208 nd Hoot AK: Chambers’ Sector, Masa. Nios Mambss00 703 @ CU L830 - | March 31, 2016 (Standalone) | Diregtor-Chairman Audit Committee ‘DIN“01749008 For S.K. Patodia and Associates Chartered Accountants Firm Registration No.: 1127230 4 ee Ann Basser Partner Membership No. 124572S K Patodia & Associates CHARTERED ACCOUNTANTS Independent Auditor's Report on the Standalone Statement of Financial Results of Navkar Corporation Limited pursuant to the Regulation 33 of the Securities and Exchange Board of Indi (Listing Obligations and Disclosure Requirements) Regulations, 2015 ‘TO THE BOARD OF DIRECTORS OF NAVKAR CORPORATION LIMITED. 1. We have the audited the accompanying standalone financial results of Navkar Corporation Limited (the Company’) for the year ended March 31, 2016 (the “Statement’), attached herewith, being ‘submitted by the Company pursuant to the requirement of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This Statement has been prepared on the basis of annual standalone financial statements, which is the responsibilty of the Company's Management and approved by the Board of the Directors of the ‘Company. Our responsibilty is to express an opinion on this Statement based on our audit of such ‘annual standalone financial statements, which have been 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 accounting principles generally accepted in India 2. We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed in the Statement. An audit also includes evaluating the appropriateness of the accounting policies used and reasonableness of the significant accounting estimates made by the Management as well as evaluating the overall presentation of the Statement. We believe that the audit evidence we have obtained is sufficient and ‘appropriate to provide a basis for our audit opinion. 3. In our opinion and to the best of our information and according to the explanations given to us, the Statement i. is presented in accordance with the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2016 in this regard; and ii. glve a tue and fair view of the net profit and other financial information for the year ended March 31, 2016. 4. Attention is drawn to the fact that the figures for the quarter ended March 31, 2016 and the corresponding quarter ended in the previous year as reported in the Statement are the balancing figures between audited figures in respect ofthe full financial year and published year to date figures upto the end of the third quarter of the relevant financial years. Also, the figures upto the end of the third quarter ended December 31, 2015 had only been subject to limited review. For S. K. Patodia & Associates aie Firm Registration Number: ae ~ /; aa oi ‘Arun Poddar Ya eo aoe a Head Office : Shree Shakambhari Corporate Park, Plot No. 156-58, Chakravarti Ashok Complex, J. B. Nagar, Andheri (East), Mumbai - 400 099 Tel, :+91 22 6707 9444 « Fax : +91 22 6707 9959 + Email: info@skpatodia.in Offices + New Delhi | Kolkata | Bengaluru | Jaipur | Anmedabad | Bhopal | Ranchi | Patna | Raipur | Hyderabad www.sknatodia in‘Mls Navkar Ltd Contr Frage Staton 8) Bs NAVKAR CORPORATION LIMITED Registre Often 208-26, ad Flor, JK Chambers, Seto 17 Vash, Nav Mumbal- 400708, ‘iets: pv naval com, CIN L3000MHZ008PL.C187 146 STATEMENT OF CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31,2018 aa Lass eoLEP SI] Sr [Perici dea ‘est a ‘December | —Wareh Waren] March | suai | an aois_| an.zose_| a (Rete Nate 7 (ter et 6 ion low) 7 ]income rom Operations Jarmo pote ran Operators Net ot Servievetaxand Sales] ag7o3e| ez077| —aarr7s| sateras| saseres () Ofe Cpeatng income. feaze | “sso0 soee| "e7aas| sors Hast incoms fm Goering oat arsese[ —ba20 76 [ganar | sarees | sas] |=) GpeatngExrenses aerzes| apusa| s606sa | taavaa6] 3825s |2) empioyee sents exconse ‘wont | eaves ens 78| “aarsor| ‘2azzee |e} Detection ana tmorisabon exons fos] fest] Sosea|ouear| sais et Foregn exchange Loe! (Gan) fises| esa | Gano] tescoe | ase ae sl Oher Expenses yeaas| _sure| sgozvo| _zacest| _ssees Not Expan Busse] —sen30 | —sosst | —aasosor | maaan >. [RSLS rom operations before other came, tranca] —Sasore | —2ssea7 | —a7io7e | —‘tazzas | 1043188 {coxa and ex [Gericom con ar} are 5 [prot nay Tom ordinary actin Bofors nance cons anal 30080 Bre02s | —iaa075 | —Wosee ae aed) 5 [Bott (ess) Kom ordinary aeiviios afar nance costs bal 331003 ast 39 | —Haze1 | — e089 [estore axcetionl ems (5-6) ceptor Bes 9 (rota ibaa trom pany acs afore x T=@L Saar] sear aera aoa 40 [Racers 30st et sis: $5.88 $s (Retbrone ica ina ans ar B= zara 7u0t eear 12 [Estasranay tems s 7 1 [etPrott (Lost tr the pared OTT. “aera | ares | ae Saar 1S: RetBDst oss sar aeag and minor intrest (13-2 a T Sauer 1. [Pade ons tare capt face vue Rs T0 each quay snare) | 1426080 [—v4200.00[—vas7o4s vasroae 1. |Reaone acoang Revahaton Rewares a5 por balance test TESTE] STE Sos scouting yar 1 |Eamings Per Share of Ra To eaoh ot annualised lavee 13 zoe 13) 140 oz tes te 202 13, 10 eaeNAVKAR CORPORATION LIMITED Registered Ofce 205-205, and For, JK. Chambers, Seo 17, Vash, Naw Mumbo 400705 ‘lee: iw rats cm. CIN: LS300OMMZODEPLC1B7 48 ‘CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES Feintas| Tea ‘Rea arent, | March, cated) parsed) [EQUITY AND UABILTES 4 Jharolders funds ashore Canta 4ssoeo | s1z0048 0) Reso ne Sus strsmave | eb.8 24 = Shareholsers funds sagarese [rapier ZIinety intrest 370 878 3 hon-urent taiias a) engTerm Borowras ayssrs | sonnet 2) Owerea Tx ssioe (Neb ‘toasr4| “310370 |e) Omer teng:Tem uses +0 260 |=} Lng. Tem Provions sesas | _as6a8 ib fa Hon-Surent abi aia? [aaa 7 [eurent abies {a} short Te Borowings amszr | 2a0s7s (2) Ye Pease Treoas | Taeass {eh omer Curent ibis ageres | s04ze2e {6)Stot Term Prowsions 2525 [Subtotal - Curent sbi [rOTAL = EQUITY AND LABILITIS SETS Ton eurent anes a) Ped Aasee (nclaing capt workin orores) ‘ws76s2] 10.082 10 {e) Gooden constr 088 O35 \c) ang-Te Lown a Advances raqr7eo| sorte Ic) One Non Cuan Assets Tags] 3643, ui - Non Curent Tae | azo F Jeurent assets (ie) cuert ivesines -| sores (overt (Sere Pars and Consuables) sours] 6186 le} race Resoatios amie] 771 fs Cash snark Balonces zameee| 10536] [e) Sonor Loans and vances ‘ivaet] 24st in car caret ase soos] 232773, ta Curent ia yrasue3| —apa7ree] Hota - ASSETS pon e638] “aas.08 8 Note stove consolidated franc resuts forthe qual and yea ended March 31,2018, 8 reviewed by te Aust Connie ofthe Board, ware Toe seo tuan on ecard by the Bare of Orectrs ot ne stg olson Mey 27,2016. The nancial resuts of the Comany forte year ended en 31 2ote have been aust by tbe luton autor of be Corpay. 2 Cartan reductons tobe estate dploymet of ude foward the cet fb PO, night of moverentin grees of macher andrew mater ot sees Sy eerst Contes of he Boo, were approve by the Board of Decors of he Company et hl meeting eld on Noverbe 2, 205 and serene Ronpany eatnotes sews foe tune of Re, 8726.70 Lacs, suber! 19 any fer revsons pcs nthe fue. The Company a cota be nisie scons nds on secunt of ba sforgranionedrvsons fr repayment cfs esting ens, whic wil resi he sees eee te Company accoerce wih he Senceret made nthe Prospect, hatte acun ulisaton trade te cbt twas than the ea i erro revion nthe eve’ cone the Company endo ules such cots saved for futherIventnen Business row Ecletsannon erporuntes 3. The Company complet Intl Pte Ofering }PO). Pursuant oii pub fering of 38,08.576 Emuty shares of Rs. 1 each consist of@ TONSE ST Sota equity sare end on oer frei of 5,008 45 equ shares by Siar Corpraon Privat Lined The Conary act seen any Sharovol Re, 10 cach tonne price ote. 165 pt egy share. Th al expenses my connecon wih the IPO ar sare beteon Faery Saha Corortion Priva Lied inthe proporson of the amount resived fom te IPO proceeds, Shae issue expenses are ‘sued agate sacs premium acount Fresh eaiyshres wore lst bythe Company on September 4 2015 and hese shares rank par passu withthe exising shares, The eauty share of ‘fo Company nee bled on The Nana! Sock Bachan tnd Limted and BSE Liteon Seotarbr8, 2015 Regd Otice: 205-206, 2nd Floor, 1K. Chambers, Sector-17, Vashi, Navi Mumbai-400 703 @ CIN: L63000MH2008PLC187 146 T-+91-22.2765 8223 «2766 8233 | F+91-22-2766 8298 e 2766 8239 « www.navkarcts.com ‘Admin Office Survey No.89/9395/97, at Somathane Vilage. Korr Savla Road, Taluka-Panvel, Dist Raigad, Maharashtra-410206, Ind "7191-2143.662505 (100 nes) # +91-2143-262028-32 | F +91-2143-262042 « +91-2149-262011 | E.admin®navkarcfs.com‘Mis Navkar Corporation Ltd Container Fraghe Statens a erin NAVKAR CORPORATION LIMITED Registre Ottce 208-205, and Foor, JK Chember, Sat 17, Vash, Na Mumba 400705 ‘bse: naw nevaret cam, CIN L30004H2008PL.CNE7 48 4 Utiston of tines ced trough nal Pub Otrng (IPO) ef equity shares aon March 31, 2016 a8 flows Rpinuacs Pa ut] [ite Piosods fon Fos asus of 7503 25 ea shores. 00050 ee eve expense ndusng soviet 3886 Inet Pressed fom arse [uss sisson of PO soca uo Ween 2OTS 1677630. [unde obs Uiised (eran rested bark cel aca ad apse] aust se sje ets of weston ae ae under: Rain Lacs Paricuars Proposed] Revised | — Amount] Amount Jancuntas pe proposed | utliead uto | unutleed 26 prospectus | amount | ‘March3t,_ | on March aoe | Suze a 1 =@)-67 [Cepaaiyemancomont ote Sararane OFS 798035] —sezva] -4a0s0 JDeveoprant of ha narrates wens of CFS aei270| sean | 277290 stuctskment of opets pak at Vad (rea Va) 2592560] 7270 20,1280, aepaymen can e7zseo| rassco| “127380 [rot as3saao| va 77630] —a.ss810 ‘Te anout paring vleabon sept mn Fied Deposts wth Banks and Mentoring Curent Account wih HFC Bark Lind as under rica ‘amount [petals of Unused Funds ax on March. nwesmeris Fined Ceposte in Banks masa10 norton Curent Account wih HOF Bank Linead 4m rota anars2 5. The Grup is egnged in CFS Operations and related activites dung te period consequent the Compary does nothave separate repeat business sSegert guna rd year ended Maren 3, 2016 {6 _Asthe Company complied its PO dung September 2015, te fra ancl oa forthe Company lo publ resus es per clase 41 of be ising ‘2arenent Regulten 39 of SEDI (Ustng Obigaions and Dose Requirements) Roguatons, 2015. Far te pupose of fess resus, te tues \Szcioed fo he quater ended March 3, 2078 are te blanong fgure beeen uneuled figures in respect he pari of ine merthe hod Deserta 3, 2014 and the ated tures fr year endod Moreh 21, 2015, gues fr par tse mon endad Decanber St 2014 hove been ‘reper bythe management and have not been suete ob reewed byt sahoy suo, 7. Figures forte quater endes March 31, 2016 ae te balancing foes tatawen he acted fre in reaper fl rani yor veto Mach 31 2016 andthe unused publeed yer io de ures upto Decent, 2075, bag the cate of he ond othe hrs quar th anal yar whch sete subj ots review by be soy audio. Te Conpany entre ito wo vansuctons fr purchase of cain pares of land fora cosiseraton of Rs, 621048 Lacs tom felted parios on Novena 25,2015. The Board of Oreos ofthe Company Nas, on aconmeraton fromthe Audt Comma, approved Wiese Vareotens prot ‘2 reslon dated daruny 15,2016 The approval and aeatono! he mamers fr sorsmenianed vanescons are soup Ureupy Pesta Salat ‘nd E-voing process athe Resoltons Rave been passes Wvough Petal Gail and Evoing process andthe sume daared on ebony 2, 2018 9. Shae hides have approved issue of bonus shares, aggregating to 91 420.688 oauly shares of Ra 10 each, on Fetus 2, 2015 nthe ro of fre {uy pl up eauty share fr evry equy stare ld on Mach 2, 2015 bang the recor! dat. As por AS-20 cage of Cana sharen te mambo of shares cuistanding before he ever s adusled for he popertonae change nthe numberof equly shares cttanng as fhe evet has coc st the bepaning ofthe eaves period rpored. According, woghted avraperurber a uty share catstandng Qrng 8 the revous pared have bee ‘usted n caso ooh bas ae ite EPS. 10. Fgees lating to te previeus paiods/ year have been regrouped /rearanged, wherever necessary, fo make them comparsle wih those ofthe fewer Oe rember iE Rtnlain (2 4, ‘Shantial Menta Pac: Nav Mari NAC ZL) ansana Orecor ry Rae? SR Regd Otice: 205-206, 2nd Floor, JK. Chambers, Sector-17, Vash, Navi Mumbai-400 703 @ CIN: L63000MH2008PLC187148 1491-22276 8223 «2766 8233 | F +91.22-2766 8238 2766 6239 « wwwnavkarcis.com Admin Otice Survey No.89'99/95/97, at Somathane Vilage, Kon-Savia Road, Taiuka-Panwvel, Dist. Raigad. Maharashtra 4 10206, India T+91-2143-662525 (100 lines) +91-2143-262028-32 | F +91-2149-262042 « 491-2143-2R2011 | F adminenauiarete crmGr Navkar CorporationL.to FORMA (For Audit Report with Unmodified Opinion) [Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Reguiations, 2015} Name of Company the year ended "Annual Financial Statements for ‘Navkar Corporation Limited [March 37, 2016 (Consolidated) “Type of Audit Observation | Frequency of Observation — 7 z 3 a Un-meditied | —— | Wot Applicable n Limited orn 2S For Navkar C Rat Shantilal J Mehta Chaiman & Managing Director DIN: 00134182 : y rg apn nce Ne coe tor-Chairman Audit Committee os For S.K. Patodia and Associates Chartered Accountants een ee on wor” ‘Xe Arun Poddar Partner Membership No. 134672 Fimo OMen: 205-208 2 FOO LX. Chambecs, Socio 7. Vat. Na Memmba 400 Tow Ci (esnnRIH D008) S K Patodia & Associates ) CHARTERED ACCOUNTANTS {dial Independent Auditor's Report on the Consolidated Statement of Financial Results of Navkar Corporation Limited pursuant to the Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ‘TO THE BOARD OF DIRECTORS OF NAVKAR CORPORATION LIMITED 1. We have the audited the accompanying consolidated financial results of Navkar Corporation Limited (‘the Holding Company’) and its subsidiary, Navkar Terminals Limited (the Holding Company and its subsidiary together referred to as “the Group") for the year ended March 31, 2016 (the “Statement"), attached herewith, being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This Statement has been prepared on the basis of annual consolidated financial statements, which is the responsibilty of the Company's Management and approved by the Board of the Directors of the Company, Our responsibilty is to express an opinion on this Statement based on our audit of such annual consolidated financial statements, which have been 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 accounting principles generally accepted in India 2. We conducted our audit in accordance with the auditing standards generally accepted in India Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed in the Statement. An audit also includes evaluating the appropriateness of the accounting policies used and reasonableness of the significant accounting estimates made by the Management as well as ‘evaluating the overall presentation of the Statement. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. 3. In our opinion and to the best of our information and according to the explanations given to us, the Statement: i. includes the results ofthe folowing entities: = Navkar Terminals Limited (wholly owned subsidiary) ii. is presented in accordance with the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2016 in this regard; and i, give a true and fair view of the net profit and other financial information for the year ended March 31, 2016, 4, Attention is drawn to the fact that the figures for the quarter ended March 31, 2016 and the ‘corresponding quarter ended in the previous year as reported in the Statement are the balancing figures between audited figures in respect of the full financial year and published year to date figures upto the end of the thitd quarter of the relevant financial years, Also, the figures upto the lend of the third quarter ended December 31, 2016 had only been subject to limited review. For S. K. Patodia & Associates Chartered Accountants Firm Registration Number: 11272: Pian ‘Arun Poddar j Place: Mumbai Partner 7 Date: May 27, 2018 ‘Membership. No. : 134572 jead Office : Shroe Shakambhari Corporate Park, ' Plot No. 156-58, Chakravarti Ashok Complex, J.B. Nagar, Andheri (East), Mumbai - 400 099 Tel. | +91 22 6707 9444 + Fax : +91 22 6707 9959 + Email : info@skpatodia.in Offices + New Delhi | Kolkata | Bengaluru | Jaipur | Ahmedabad | Bhopal | Ranchi | Patna bRaipur | Hyderabad www.skpatodia.in