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CHOKSI IMAGING LIMITED

Corp. Off.: 4th Floor., C-wing, Classique Centre, Mahal Indl. Estate, Off. Mahakali Caves Road.,
Andheri (E) Mumbai-400 093. INDIA. Tel.: 022-42287555 Fax: 022-42287588
Regd. Off.: D-10, Prasad Indl. Est., 2-66, Sativali, Vasai Kaman Rd., Vasai (E), Dist. Thane- 401208.
Tel: 0250-3251797
Email: imaging@choksiworld.com Website : www.choksiworld.com CIN:L24294MH1992PLC068852

16th May, 2016


To,
Bombay Stock Exchange,
Listing Department,
Phiroze Jeejeebhoy Tower,
Dalal Street,
Mumbai- 400001
Dear Sir/ Madam,
Ref: Code N o.530427
Sub: Outcome of Board Meeting as per regulation 30 of Listing Regulations.

This is to inform you that the Meeting of the Board of Directors was held on today
i.e. Monday, May 16, 2016 at the corporate office of the Company. The Board has
considered and approved the following business matters;

The Board of Directors of the Company approved the Audited Financial results
of the Company, for the Quarter and Financial year ended on 31st March, 2016
along with Auditors Report & Form A, which are enclosed herewith.

Recommended a final dividend @10% on 39,00,000 fully paid up equity share


capital of the Company for the financial year ended March 31, 2016. i.e. Rs.1/ (Rupee One only) per equity share of Rs.10/ - each.

You are requested to take note of the same and oblige.


For Choksi Imaging Limited

End: As above

L+'~ER

FORMA
FORM A (for audit report with unmodifi d opinion)
1

Name of the Company:

Choksi Imagin g imited

Annual financial statements for the


year ended

31st March, 201

Type of Audit observation

UnModified

Frequency of observation

Nil

To be signed by
A

Mr. Anil Choksi


Managing Director

Mr. Gaurav Choksi


CFO

Mr. K. R. Parikh
Statutory Auditor

Mr. Himanshu Kishanadwala


Audit Committee Chairman

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CHOKSJ 11\VlAGING LIIV\ITED

Regd.off: Gala No. D-10, Prasad Industrial Estate, Survey No.2&66, Sativali,Vasai-Kaman Road,Vasai Road(East), Dist.Thane-401208.
Corp.off:4rth Floor, C-wing,Ciassique Centre,Mahallndi.Estate, Off Mahakali Caves Road, Andheri(E) Mumbai-400 093. INDIA
Tei.: 022-42287555, Fax: 022-42287588, Email:imaging@choksiwortd.com, Website: www.choksiwortd.com.
CIN:L24294MH1992PLC068852
(~in

Sr.
No.
31 .03.16
Audited

Particulars

1 Income from operations


(a )Net Sales /Income from Operations(Net of Excise duty)
(b)Other Operating Income

Total income from operations


2 Expenses
a) Cost of Raw material/ Packing material Consumed
b) Purchase of stock in trade
c)Changes in inevntories of finished goods,WIP & stock in trade
d) Employees benefits expenes
e) Depreciation and amortisation expenses
f) Other expenses
(Any item exceed ing 10% of the total expenditure
to be shown seperately)
Total Expenses (a to f)
3 Profit I (Loss) from Operations before Other Income,
finance cost & Exceptional Items ( 1 - 2 )
4 Other Income
5 Profit I (Loss) from ordinary activities before finance costs
& Exceptional Items ( 3 + 4 )
6 Finance Cost
7 Profit I (Loss) from Ordinary activities after finance cost bu1
before Exceptional Items (5 - 6 )
8 Exceptional Items
9 Profit I (Loss) from Ordinary Activities Before Tax ( 7 + 8 )
10 Tax Expense
Current Tax
Deferred Tax
MAT Credit Entitlement
11 Net Profit I (Loss) from Ordinary Activities after Tax ( 9- 10)
12 Excess Provison of Tax
13 Net Profit I (Loss) for the period (11 -12)
14 Paid-up Equity Share Capital [Face Value of Rs. 10/- each]
15 Reserves Excluding Reva~uation Reserves as
per Balance Sheet of Previous Accounting Year
16 Eaming Per Share (EPS)(before extraordinary itens)
(a) Basic and diluted EPS before Extraordinary items
for the period, for the year to date and for the
and for the previous year (not be annua lised)
(b)
Basic and diluted EPS after Extraordinary items
for the period, for the year to date and for the
the orevious vear fnot be annualised)
A) PARTICULARS OF SHAREHOLDING
1) Public Shareholding
Number of Shares
- Percentage of shareholding
2) Promoters and promoter group shareholding
a) Pledged I Encumbered
Number of Shares
-Percentage of shares (as a% of the total shareholding
of promoter and promoter group)
Percentage of shares (a s a % of th e total share capital '
of the Company)
b) Non- Encumbered
- Number of Shares
Percentage of shares (a s a % of the total shareholding
of promoter and promoter group)
Percentage of shares (as a% of the total share capital
of the Company)

31 .12.15
Unaudited

Lacs)

Year Ended

Quarter Ended
31 .03.15
Audited

31 .03.16
Audited

31 .03.15
Audited

814.51

834.54

2685.09

4551.71

10661.87

814.51

834.54

2685.09

4551.71

10661.87

467.14
77.51
87.81
87.67
10.06
116.67

571.02
26.63
(1. 13)
78.12
10.22
106.55

1796.25
250.72
275.35
107.00
9.75
191 .02

2728.93
328.48
467.50
354.\)8
40.97
460.14

7926.98
1310.61
124.57
441.13
44.21
816.33

846.86
(32.35)

791.41
43.13

2630.09
55.00

4380.70
171.01

10663.83
(1.96)

29.83
(2.52)

23.47
66.60

20.17
75.17

84.54
255.55

147.80
145.84

4.43
(6.95)

6.99
59.61

32.45
42.72

37.17
218.38

155.54
(9.70)

(6.95)

59.61

42.72

218.38

(9.70)

46.50

(51.66)

(40.40)
212.28
4.51
216.79
390.00

41.96
0.11
42.07
390.00

14.19
(51 .66)

(6.95)
(6.95)
390.00

(0.18)

J9.18

(1 4.19)
59.61
4.51
64.12
390.00

94.38
0.11
94.49
390.00

1,047.54

830.75

1.64

2.42

5.56

1.08

1.64

2.42

5.56

1.08

2133106
54.70

2119406
54.34

21 19406
54.34

2133106
54.70

2119406
54.34

Nil
N.A

Nil
N.A

Nil
N.A

Nil
N.A

Nil
N.A

N.A

N.A

N.A

N.A

N.A

1766894
100.00

1780594
100.00

1780594
100.00

1766894
100.00

1780594
100.00

45.30

45.66

45.66

45.30

45.66

Quarter ended
31/03/2016

Particulars
B Investor Compliants
Pending at the beginning of the quarter
Received during the quarter
Disposed during the quarter
Remainino unresolved at the end of the quarter

Nil
Nil
Nil
Nil

NOTES:
The above results as reviewed by the Audit
Auditors of the Company.

Comrt:~ittee

have been taken on record by the Board at its meeting held on 16th May ,2016 along with Auditor's Report received from Statutory

The Company is engaged only in one business segment viz.,the business of manufacturing and dealing in Photosensitised materials and other products for Healthcare industry.Hence the
segmentwise information as required by AS-17 is not applicable .
Figures of previous period have been regrouped wherever necessary
Recommended a final dividend @10% on 39 ,00 ,000 fully paid up equity-share capital of the Company forlhe financial year ended March 31 , 2016. i.e. Rs.1/- (Rupee One only)
per equity share of Rs .10/- each , subject to approval of the shareholders

Forch/

il/ timited

Date :16th May , 2016


Place : Mumbai

Anil Choksi
Managing Director
JOIN 00 049369)

Particulars

As at 31st March, 2016


' In Lakhs

EQUITY AND LIABILITIES


1 Sha reholders' funds
(a) Share capital
(b) Reserves and surplus

390.00
1,000.56

390.00
830.75

1,390.56

1,220 75

2,027.48
111.45
106.01
2,244.94

643.10
1,378.74
289.88
40.22
2,351.94

3,635.50

3,572.69

1 Non-current assets
(a) Fixed assets
(b) Long-term loans and advances
Sub: Total- Non- Current assets

849 .69
157.21
1,006.90

881.21
152.46
1,033.67

2 Current assets
(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

386.68
980.48
799.05
152.38
260.76
49.25
2,628 .60

1,193.42
970.48
66.66
280.16
28.30
2,539.02

3,635.50

3,572.69

2 Current liabilities
(a) Short-term borrowings
(b) Trade payables
(c) Other current liabilities
(d) Short-term provisioils
Sub: Total-Current liabilities
TOTAL -EQUITY AND LIABILITIES
B

As at 31st March,
2015
'In Lakhs

ASSETS

Date :16th May, 2016


Place : Mumbai

ForChosil~
Managing Director
(DIN 00049369)

Krishna Kumar Parikh

Paril~h & Amin


Associates

B.Com., LL.B., F.C.A.

Amin Fidai

CHARTERED ACCOUNTANTS

B.Com ., F.C.A.

Auditor's Report on Quarterly Financial Results and Year to Date Results of the
Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015.

To,
The Board of Directors of
Choksi Imaging Limited

1. We have audited the quarterly financial results of Choksi Imaging Limited ('the
Company') for the quarter ended March 31 , 2016 and the financial results for the
year ended March 31,2016, attached herewith, being submitted by the Company
pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015. The quarterly financial results
are the derived figures between the audited figures in respect of the year ended
Marc~ 31, 2016 and the published year to date figures up to December, 31 , 2015,
being the date of the end of the third quarter of the current financial year, which
were subject to limited review. The financial results for the quarter ended March
31, 2016 have been prepared on the basis of the financial results for the ninemonth period ended December 31, 2015, the audited annual financial
statements as at and for the year ended March 31, 2016, and the relevant
requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 and are the responsibility of the Company's
management and have been approved by the Board of Directors of the
Company. Our responsibility is to express an opinion on these financial results
based on our review of the financial results for the nine-month period ended
December 31, 2015 which was prepared in accordance with the recognition and
measurement principles laid down in Accounting Standard (AS) 25, Interim
Financial Reporting, specified under the Section 133 of the Companies Act, 2013
read with relevant rules issued thereunder and other accounting principles
generally accepted in India; our audit of the annual financial statements as at
and foe the year ended March 31, 2016; and the relevant requirements of
Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulation, 2015.

E-mail: admin@caparikhandamin.com, Website : www.caparikhandamin.com

-:2:2. 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. An audit includes examining, on a test basis, evidence
supporting the amounts disclosed as financial results . An audit also includes
assessing the accounting principles used and significant estimates made by the
management. We believe that our audit provides a reasonable basis for our
opinion.
3. In our opinion and to the best of our information and according to the
explanations given to us, these quarterly financial results as well as the year to
date results;
(i)

Are presented in accordance with the requirements of Regulation 33 of the


SEBI (Listing Obligations and Disclosure Requirements) Regu lations, 2015 in
this regard; and

(ii)

Give a true and fair view of the net profit and other financial information for
the quarter ended March 31, 20 16 and for the year ended March 31, 2016.

4. Further, read with paragraph 1 above, we report that the figures for the quarter
ended March 31, 2016 represent the derived figures between the audited figures
in respect of the financial year ended March 31, 2016 and the published year to
date figures up to December 31, 2015, being the date of the end of the third
quarter of the current financial year, which were subjected to limited review as
stated in paragraph 1 above, as required under Regulation 33 of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015.

For PARIKH & AMIN ASSOCIATES,


Chartered Accountants
Firm Registration No.107520W

(K. R. Parikh)
Partner
M.No.036517
Mumbai
Date : May 16, 2016