Hu Lokesh Machines Limited Regd, Office: 8-29, EEIE Stage II, Balanagar, Hyderabad - 500 037.T.S. INDIA. 91-40-23079310, 11, 12, 13 Fax :491-40-23078274 e-mail :info@lokeshmachines.com URL — : www. lokeshmachines.com CIN _:L29219TG1983PLCo04319 November 05, 2016 To, (eee Stock Exchange Limited Corporate Services Floor 25, P.J Towers, Dalal Street, Mumbai, Pin: 400001 Security Code :32740 Fax no. 022 -2272 2039/2037 To, | National Stock Exchange of India Limited Listing Department Plot no. C/1, G Block ,Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai ~ 400 051 Company Code: LOKESHMACH _| Sub: Outcome of Board Meeting Dear Sir, 5 This is to inform you that the Board of Directors at their Meeting held on November 05, 2016 at 11.00 A.M at the registered office of the Company has inter alia approved the following: 1. The Statement of Un-audited Financial Results for the quarter ended September 30, 2016 was approved. A copy of the Results is enclosed along with the Limited Review Report. 2. Conversion of 3,96,722 Warrants to Equity Shares You are requested to take the same on record Thanking you, Yours truly, For Lokesh Machines Limited Units : Medchal, Bonthapally, Balanagar Plot No. 41 and B - 25Lokesh Machines Ltd UN-AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED SEPTEMBER 30, 2016 Rs.in Lakhs| PARTICULARS "QUARTER ENDED HALF YEAR ENDED] YEAR ENDED [30.09.16 | 30.08 16 | 30.0015 | [a008is| 31.03.16 (un | (Un (Un (Un Tn | (Audited) Audited) | Audited) | Audited) | Audited) | Audites) income From operations [@_ Net Sales Income from Operations | 3,408.43] 2,770.94] 2,807.84] 6,179.7 | 4970.95 | 12,107.33 (Net of excise duty) (6) Other Operating Income : : : : 7 7 [Total Income from operations (net) 3408.43 | 2.70.04 | 2,807.64 | 6,179.37 | 497095] 12,107.53 2 [Expenses a. Cost of materials consumed 7,817.98 | 7,102.83 1,452.00 | 2,914.81 | 2azaei| 6.54865 [b. Purchase of stock-in-trade 5 5 5 - = oi je Changes in inventones of finished goods, | (828) 491] (147.31) 35 | 307.06] (382.64) |work-in-progress and stock-in-trade Jd Employee benefits expense ea182| 62914 | 58410] 4,260.66) 1.15156] 247a42 le Depreciation and amortisation expense | 202.21] 200.16] 20330] 40za7| see8o| 74083 If Other expenses (Any item exceeding 10%] 168.68) 152.0] 185.73] 310.98] 31986] 760.14 lof the total expenses relating to continuing loperations to be shown separately) [a. Other Manufacturing Expenses Bsa7e[ si17s| 30864) 645.48] Sea 7@] 1.20345 Jn Less Capative Consumption (210.00)| _(@0.25)] @213.88)] _(290.25)] 25024) (1,139.60) [Total expenses 2,924.88 | 2,320.82 | 2.37867 | 6,246.70 | 4.16522] 1031028 3 [Profit from operations before other Income] 483.85] 450.12] 51817] 933.67] 78573] 1,797.10 finance costs & exceptional Items (1 -2) @ JOther income 650, 377| 1015| 1027] 1679] 9087 3 [Profit 7 loss from ordinary activities] 490.05] 45380| 62832] 943.94| 60252] 1,867.97 lbefore finance costs and exceptional items (3+4) 6 [Finance costs ai276| 43059, se031| 843.34| 76501] 1.50887 7 [Profit Toss from ordinary activities after] 77.30 23.30, 13801] 0060/1781] 35210 finance costs but before éxceptional items (5+6) 8 [Exceptional tems > : : 5 : = 9 [Profit 7 (Loss) from ordinary activities! 77.30 2330 139.01] 10060] 1751] 35210 before Tax (7 + 8) 10 [Tax Expense 2505| 815] 4223 3320| 576] 19820 11 [Net Profit /(Loss) from ordinary 62.25| 1615] 0678) 6740] 1173| 21381 activities after Tax (9 +10) 72 | Extraordinary Hems (net of tax expense) A 5 5 : 5 : 13 |Net Profit/ (Loss) for the period (11 + e225| iste) s678| 6740] _1173| 21081 14 [Share of profit/ (loss) of associates” : ~ 5 : 16 | Minority interest” : 5 5 = 7 "6 |Net Profit/ (Loss) after taxes, minority 6225| i515) 9678! eran] 1173) 21381 interest and share of profit (oss) of lassociates (13 + 14 +15)" 17 [Paid up equity share capital (Face value of | 7,663.64 | 1,506.57] 127774] 1,60361 | 127774] 1471.07 Rs.10 each) 16 [Reserves excluding Revaluation Reserves | 5 - 7 as per balance sheet of previous[i9.]/Earnings Per Share (EPS) (before] O37] 0.10 ove] 041] 008 145 lextraordinary items) (Of Rs. 10/- each) (not annualised): @) Basic os] 010 ore] oat} 009 145 ©) Dikted ost] 070 ore] oat] 0.08 145 19. (Earnings Per Share (EPS) Tafter oat] 070 ore] oat] 0.09 45 lextraordinary items) (of Rs. 10/- each) (not annualised): Basic ost 070 ore] oat] 000 145 (©) Diluted ost] 0.10 ove] oat} 009 145 Notes: 1. The above results reviewed by the Audit Committee and taken by the Board of Directors at its meeting held on 05th November 2.To facilitate comparison, figures of the previous period have been regrouped, where necessary.‘Segment-wise Revenue, Results and Capital employed under SEBI (LODR) Regulations 2015 Re In Lakhs QUARTER ENDED HALF YEAR ENDED | YEAR 3009.46 | 30.0616 [300915 | 30.0946 | 30.0915 | ENDED (Un |(Un Audited)| (Un Audited) |(Un Audited)|(Un Audited)| 31.03.16 (Aucited) Particulars Segment Revenue la) Machinery Division b) Components Division lc) Unallocated TOTAL 7 Less : Inter Segment Revenue INet Revenue from Operations 72|Segmont Results: Profit before Interest & Tax la) Machinery Division 3,897.67] 3,194.02 2,341.80 1,776.93 7,970.32 4137.01 2,350.38] 1,487.19 1,058.05} 1,283.75 3,408.43 | 2,770.94 6,179.37 | 4,970.98 | 12,107.33, 3,408.43] 2,770.94 6,179.37 | _ 4,970.95 | 12,107.33 59970] 31.18] 657.60] 95088] 910.70} 2,072.19 b) Components Division 1417 220.10 49.32] 234.27] . 203.18] 503.08 Jc) Unallocated - - - 7 - - [TOTAL 613.87/ 571.28] 706.92] 1,185.15] 1,11348] 2,575.27 Less: Interest 41275| 43059] 38931] e43.34) 785.01] 1,535.87 JOther unallocable Expenses net of Income 12382] 11739] 17860] = 24121] 311.36] 687.20 TOTAL PROFIT BEFORE TAX 77.30 Bao] ta01 | 100.60 arsi| 362.10 [Capital Employed la) Machinery Division lb) Components Division Jc) Unallocated TOTAL 9060.66] 8708.42! 7,320.70] 9080.68] 7,320.70 3997.62} 3904.36] 3,824.44] — 3937.62| 3,624.44 8023.15] 3477.69] 12,998.28 | 12,612.78 | 11,145.14] 12,998.28 | 11,145.14} 11,500.84 41. The Financial Results have been reviewed by the Audit Committee and approved by the Board of Directors at their Meeting held on Nov 05, 2016 afd the limited review of the unaudited financial results for the quarter ended Sep 30, 2016 has been carried out by the statutory auditors of the Company. 2, There have been no outstanding complaints from the Shareholders’ Investors’ either at the beginning or at the end of the Quarter ended 30-09-2016. Two complaints was received and resolved during the Quarter. 3.Previous period figures have been reclassified / regrouped to conform to the current period figures. For and on behalf of the Board LOKESH MACHINES LTD. sid Hyderabad M.LOKESWARARAO. Nov 05 ,2016 MANAGING DIRECTORStatement of Assets & Liabilities Re. In lakhs. 30.08.16 | 3105.16 Un Audited| Audited IA Equity and Liabilities 4 Shareholders’ Funds (2) Share Capital 1.86361] 1,471.07] (®) Reserves and Surplus 11,080.87] 9,876.92 (@) Money received against share warrants | 300.51] 145.88 2 Non-Current labilties (@) Long-term borrowings 2,242.93 2,712.98 (b) Deferred tax abilities (Net) 872.77] 894.09 (©) Other Long term liabilities 694.86] 901.76 (@) Long term provisions 263.01] 267.84 3 Current abies (@) Short-term borrowings 6,490.95] 6,999.50 (b) Trade payables 2576.83) 2,969.16 (©) Other short curent liabilities 2,985.35] 3,009.64 (@ Short term provisions 386.22) 477.91 TOTAL 29,518.01 29,726.69 B Assets 1 Non Current Assets (@) Fixed Assets, Tangible asséts 9.48687] 9,838.84 Intangible assets 17.80] 19.01 Capital Workein-Progress 3,285.76] 2,913.48 (0) Non Current investments '600.00) ‘600.00 {6} Long term loans and advances 1249.75] 1,249.75] (8) Other non-current assets '995.43] 991.04] 2 Current Assets (@) Inventories . 9,168.06] 9,069.83 (0) Trade Receivables 2,484.40] 2,960.28 (6) Cash and cash equivalents 219.09] 258.62] {@) Short term loans and advances 121267| 974.49] {) Other current assets ‘s10.38| 851.28 29,631.24] 29,726.69] LOKEAH SS. 7 Bag\VWAYAWADA, HYDERABAD, VISAKHAPATNAM, GUNTUR, KAKINADA, TANUKU, ALSO AT CHENNAI, BANGALORE AND ADONI Limited Review Report of Unaudited Financial Results for the quarter ended 30" September, 2016 To. The Board of Directors Lokesh Machines Limited Hyderabad. ‘We have reviewed the accompanying staternent of unaudited financial results of LOKESH MACHINES LIMITED (‘the Company’) for the quarter and six months ended 30” September, 2018, being submitted by the Company pursuant to the requirements of Regulation’33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This statement is the responsiblity of the Company's Management and has been approved by the Board of Directors. Our responsibilty 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, “Roview of Interim Financial information performed by the independent Auditor of fe Entiy” issued by the Institute of Chartered Accountans of india. This standard requires that we plan and perform the review fo obtain moderate assurance as to whether the financial slatements are free of material misstatement. A review is limited primariy to inquiries of ‘company personnel and anaiytical 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 fo our attention thet causes us to beleve that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards specified under section 133 of the ‘Companies Act, 2013 read with Rule 7 of the Companies (Accounts) Rules 2014 and other fecognized accounting practices and policies has nol disclosed the information requiced to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations. and Disclosure Requirements) Regulations, 2015 including the manner in which itis to be disclosed, or that it contains any material misstatement for BRAHMAYYA § Chartered A Firms’ Regn. YA00 K Che’ Pace: Hyderabod («sHRAVAN) Date : 05.11.2016 Partnor Membership No 215798 4403 & 404, Golden Green Apartments, lum Manzil Colony, Hyderabad - 500 082. Phones : (040) - 2337 0002/4, Fax: 2337 0005, €-mall: hydbrahmayya@gmailcom CHARTERED ACCOUNTANTS: