ffi(

RADIIE

DEVELoPDRS (INDIA) LIMITDD

tst Floor, "CHUUBHAtr CHATBERS', B,h. Clty cdd Ginernr, Arhnm Rord, ,lhmrdrM{m 0m. Pho00 : (0n)
E.mail

26583381

265833E2

Fu : (0i9}

26585567

inf@radhelnhr.com, Clll : lj520lqlg05PLc02a19l

l,tlay23,2O116
To,
BSE

Limited

Phiroze feejeebhoy Towers,

Dalal Street, Fort,
Mumbai - 400 001

Scrip Code: Sgt273

Dear Sir,
Subject:

Submission of Audited Financial Results

ended March 31.,20!6

for the quarter /year

In continuation of our letter dated May 13,2016, we wish to inform you that the Board of
Directors at its meeting held today, commenced at 04.30 p.m. and concluded at 04.55 p.m.,
has approved and taken on record the Audited Financial Results of the Company for the
quarter/year ended March 3L,2016.
Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 20t5, we enclosed the following:

1. Form A (for audit report with unmodified opinion)

2. Statement of the Audited Financial Results for the quarter /year ended March 3L,20L6
3. Auditor's Report on the Audited Financial Results
Kindly take the same on your record.
Thanking you,
Yours faithfully,

For Radhe Developers (India) Limited

pry
MuKesh S. Chaudhary
Company Secretary &
Compliance Officer
Encl.: As Above

\fil/
RADTIE

DEVDLOPERS (INDIA) LIMITDD

.CHUilBHAl CflAtBERS', B,h. City Gold Cimma, Athnm Rocd, Ahm!dab.+380 0G. Ptono : (079) 26583381, 26583382 Fax : (0791 26585567
I st Ftoor,
E

mail:inf@ndhelnfra.com,Clil:14500{GJl99sPtCmt{$

.,

Website : Wwtt,.fadhedevelOpeB.eam

FormA

{For 1!dit report with unmodified opinion)

lPursuant to Regulation 33 oI flEBI (L*ting outgaaons and Dtscloswehequtrciena) Regulations,

1.

Name of the company

Radhe Developers (India) Limited

2.

Annual financial statements for the

year ended

March 31,,201.6

3.

Type of Audit observation

Un-modified

4.

Frequency of observation

Not Applicable

For, R. Choudhary & Associates

Chartered Accountants
(Registration No. 1 01,928W)

1-r

-7i

zots]

For, Radhe Developers (lndia) Limited

halv,@- L,Po,Cl
|ahnavi A. Patel

Director

Ramchandra Choudhary
Partner
Membership No.43979
For, Radhe

elopers (lndia) Limited

AlokI.

Vaidya
Chairman of Audit Committee

For, Radhe Developers flndia) Limited

'vrcrA)

Date : May 23,2016

Place : Ahmedabad

CX=^'trd,

Pranav f. Patel
Chief Financial Officer

\fr(
KADTilE

13t Floor,

E.mail

DEVELOPERS (INDIA) LIMITED

'CHULlBtlAl CHATBERS', B,h. City Gold Cinomt,

i;f@ndh.inrn.com, c[t

&hrln Rod, rrhndaheil0

0,q9. Phpne : (079)26583381, 26583382

Far : (079)26585567

usmtcitsssprcmsil Website : www.radhedevelopeis.com

STATEMENT OF STANDATONE AUDITED FINANCIAL RESUTTS FOR THE OUARTER/YEAR ENDED 3IIO3120T6
R in lakh except per share data'l
Sr.
No.

Particulars

Ouarter ended

3t/12/201,5

3t/03/201s

(Audited)

(Unaudited)

(Audited)

[Audited)

(Audtted)

Income ftom Ooerations

(a) Net Sales/lncome from Operations

7548.02

Nil

Nil

1553.68

30.00

fbl Otler ooeratins income

Total Income from operations (net)

Nit
7548.02

Nil
Nil

Nil
Nil

Nil

Nil

1653.68

30.00

55.93

143.68

86.82

440.84

184.49

Nil

Nil
(2se.06)

Nil
(3ss.12)

Nil

Nil
(s08.8e)

5.35
7.82

2.87
3.19
105.30
30.64

Expenses
al Cost of material and Land
[b] Purchase of stock-in-trade
( c) Changes in inventories of finished goods, workin-nrosrpss and stock in trede
fdl Emolovee benefit Exoenses
el Deoreciation and amortisation exoenses

fl Construction

Expenses

[il

Other expenses
Total Exoenses

Proflt
3

(Loss) from operatlons before Other

Income, flnance costs and exceptlonal ltems(l.
2)

Other lncome

Prollt
5

(Loss) from ordinary activltles before

flnance costs and exceptlonal Items(3+4)

Finance Costs

Proflt
7

Year ended
31.10312016 3U03l20ts

3L/03/2016

(Loss) from ordinary actlvltles after

flnance costs but before exceptional Items(5.6)

820.94
7.71

22L.39

n26.301

475.72
66.98
7252.O6

23.74
24.06
336.98
68.33
732.75

L26.30

40L.62

(L02.7s)

70.81
16.80

0.87
L27.17

6.6L
408.23

r.70
(1o1.os)

0.22
16.58

4.30
L22.87

3,11
405.72

(720.76)

5.83
728.94
12.85
7032.20
515.82

28.88
54.01

(s4.01)

t69.401
446.42

0.??
446.64

t27.34

20.2e
26.8S

79.71

Exceotional items

Nil

Nil

Nil

Nil

(Loss) from ordlnary activlties before

tax (7-g)

446.64

16.58

L22.87

405.72

Tax exoense
Net Proflt / (Loss) from ordinary activities after
trw fQ- I Ol

10 .18

Nil

(4.07'l

to2.7a

(4.07)

344.46

16.58

126.94

302.94

(116.6e)

6.17
338.29
2577.99

Nil
16.58
2577.99

0.04
726.90
2577.99

6.17
296.77
25L7.99

2517.99

878.41

581.54

10
11
L2
13

L4
15
16.t

Proftt

Extraordinarv Item Inet of tax exoensesl

Net Profit / floss) for the Deriod f1l-12'l
Paid-up equity share capital
IF'erp rralrro nf 7 1O prch]
Reserve excl, Revaluation Reserves as per bhlance
chaaf

nf nrarrinrr<

arcnrrntino

0.04

716.73)

trarr

Earnings Per Share (before extraordinary items) (of

? 10 /- eachl fnot annualisedl
Basic & Diluted

16.il

Nil
(720.76)

Earnings Per Share (After extraordinary itemsJ

1 O

7.34

0_07

0.50

.18

r0.46'l

0.07

0.50

.18

t0.451

(of{

/- e:chl fnnt rnnrrelicpdl

Basic & Diluted

Notes:
1 The aforesaid Financial Results have been reviewed by the Audit Committee and subsequently approved by the Board of
Directors at its Meeting held on May 23,20t6.
2 The Management identifies and monitors'Construction' as the only Business Segment.
3 Previous period's/year's figures have been regrouped/rearranged wherever necessary to confirm to the current
quarter's/year's classification.

4
5

Tax expenses includes current tax,deferred tax and adjustment oftaxes for the earlier years.

The figures of the last quarter are the balancing figures between audited figures in respect of the full financial year and the
published year to date figures upto the third quarter of the respective financial years which were subject to Limited Review.

For, Radhe Developers (India) Limited

Place: Ahmedabad

Date :23.05.2016

4{-lAd^'rwA
\J
A. patel
Iahnavi

Director

\fi(
RADHE

13t

DEVELOPERS (INDIA) LIMITED

Fhor,'CHUillBllAl CHATBERS', B,h. CityGdd Cinema,ArhFO Bgd,rJrmdah+.tq0 009.itrllr! t(0O 265E3381,26583382 Fax: (079)26585557

E.mait

inf@ndheinln.c0m, clil : Ll520lcils05Plcr21r$ Yl,eDslte : WWW.fa0neoeVEOpefS'Com

STATEMENT OF ASSETS AND LIABILITIES

Sr.

Particulars

No.

EQUITY AND LIABILITIES

Shareholders' funds
[a) Share Capital

(Audited)

(Audited)

2517.99
878.41

[c) Money received against share warrants

Sub-total - Shareholders' funds

Nil

2517.99
581.64
Ni

3396.40

3099.63

Nil

Nil

N.A.

N.A.

14.09

14.09

0.80
LL.26

529.50

Share application money pending allotment

MinoriW Interest

Non-current liabilities
fal Lone term borrowinss
fb) Deferred tax liabilities fnet)
[c ) Other lons-term liabilities
[d) Lone-term provisions

Nil

Nil

Nil

26.L5

543.59

372.88
135.49
2603.40
4.5L
37L5.28

161.10
3268.58
0.86
3431.54

6538.83

7074.76

[a) Fixed assets

[bJ Non-current investments

207.87
0.50

127.78

) Deferred Tax Assets fnetl

Nil

2.80

3445.72

3939.37

Sub-total - Non-current liabilities

Current liabilities
[a) Short-term borrowines
fbl Trade Pavables
[c ) Other current liabilities
[d) Short-term provisions

Sub-total - Current liabilities

TOTAL . EQUITY AND LIABILITIES
B

ASSETS

Non-current Assets

[c

[d) Lone-term Ioans and advances

e) Other non-current assets
Sub-total - Non-current Assets

As at

31103120ts

[b) Reserves and Surplus

As at

3tl03l20t6

1.00

9.05

Nil

Nil

3654.03

4079.00

Current Assets
[a] Current Investrnents
[bJ Inventories
[c ) Trade Receivables
[d) Cash and Cash equivalents
[e] Short-term loans and advances
[0 Other current assets
Sub-total - Current Assets

TOTAL. ASSETS

Nil

Nil

2389.66
311.08
71.28
110.00
2.78
2884.80

261L.06
79.86
299.83
2.56

6538.83

7074.76

2.45

2995.76

Chartered Accountants
N202, Rajshree Avenue, Nn Dinesh Hall,

Asharm Road, Ahmedabad - 380 009.

Phone I Fax: (079) 25582518 / 26588996
rdc_rca@yahoo.com

o-n Financial Results of Radhe Developers (India)

Independent Auditor's Report
-Regulation
33 of the SEBI (Listing obligations and
Limited pursuant to the
Disclosure Requirements) Regulations, 2015

To

The Board of Directors of

Radhe Developers (India) Limited

1,. We have audited the accompanying standalone financial statements of Radhe
Developers (India) Limited ("the Compatry"), for the year ended 31't March,20L6
("the Stitements"), being submitted by the Company Pursuant to the requirement of
ilegulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Re[ulations, 201,5. This statement, which is the responsibility of the company's
management and approved by the Board of Directors, has been prepared on the
basis of tf,. related financial statements prescribed under Section 133 of the
Companies Act, 2AL3 read with reltivant rules issued thereunder and other
accounting principles generally accepted in India. Our responsibility is to express an
opinion on the Statement.

Z.

We conducted our audit in accordance with the Standards on Auditing issued by the
Institute of Chartered Accountants of India. Those standards require that we plan
and perform the audit to obtain reasonable assurance about whether the statement
is free of material misstatement. 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 the
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.
Our opinion is not qualified

3.

/ modified in respect of these matters.

r

r.

.I

In our opinion and to the best of our information and according to the explanations
given to us, the statement:

ti)

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

SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20L5;
and

(ii)

gives a true and fair view in conformity with the aforesaid Accounting
Standards and our accounting principles generally accepted in India of the
net profit and other financial information of the Company for the year ended
31st

March,20t6.

4'

The statement includes the results for the

Quarter ended 31st Mar ch,20t6being the
balancing figure
turr financiar year and the
pubtished yeal to date figures uptJir,u
di;d-_ a--which were subject to lim'ited reriew by;r.

between;"Jiil6#;;;;J#;.
;ffi;o;il;;#Hjn],r;;;

For, R. Choudhary & Associates.

ehartered A crountants,
FRN No. 1019ZBW

Rarnchandra Choudharyr

Place : Ahmedabad
Date : May 23,ZOL6

Parfier

[M. No. 43g7gl

i.