@

CA.Ashok Madgundi
8.Com..FCA.DISA

AshokMadgundi& Co.
Chartered
Accountants
2!0/4/1, SakharPeth,Opp. Kanyaprashala,
Solapur- 413 OO5
Tel.:(0217) 2620403,2626540 Ce : 9422458139
Email: ashokmadgundi@gmail.com

Annexure VII
when an unmodifiedopinionis expressed
on theeuarterryfinancialresults(for
companies
otherthanbanks)
Auditor'sReporton QuartertyFinanciarResultsandyearto DateResultsofthe
companyPursuantto the Regulation33 of the sEBI (Listingobligationsand
Disclosure
Requirements)
Regulations,
2015
To
Boardof Directorsof Smruthi OrganicsLimited, Solapur
we haveauditedthe quarterryfinancialresultsof smruthi organics Limited
for thequarterended3r't March 2016andtheyearto yeardat- resultsfor the
period l't Apr -20r5 to 31't March-20r6anachedherewith,beingsubmitted
b-y-the companypursuantto the requirements
of Regulation33 of the SEBI
(Listing Obtigationsand DisclosureRequirements)
{egulations,2015.These
quarterlyfinancialresultsas well asthe yearto datefinancialresultshavebeen
preparedon the basis of the interim financial statements,
which are the
res|onsibilityofthe company'smanagement.
our responsibility
is to express
an
opinionon thesefinancialresultsbasedon our audii of suchinterimfinancial
statements,
which havebeenpreparedin accordance
with the recognitionand
measurement
principleslaid downin Accountingstandardfor Interii Financiar
Reporting(AS 25 / Ind AS 34),prescribed,
undeiSection133ofthe Companies
Act, 2013 read with relevantrules issuedthereunder;or by the Instituteof
charteredAccountantsof India' as applicableand otheraccountingprinciples
generallyaccepted
in India.
we conductedour audit in accordance
with the auditingstandardsgenerafly
accepted
in India. Thosestandards
requirethatwe planandperformthe audittL
obtain reasonable
assuranceabout whetherthe financialresultsare free of
materialmisstatement(s).
An audit includesassessing
the accounting
principles
usedandsignificantestimates
madeby management.
We believethaf our audit
providesa reasonable
basisfor ouropinion.
In our opinion and to the best of our information and according to the

explanations
givento us thesequarterlyfinancialresultsas wel as rhi yearto
dateresults;

AshokMadgundi& Co.
Chartered
Accountants
CA.AshokMadgundi
B.Com..FCA.DISA

(D
(iD

- 413OO5
210/A/L,Sakhar
Peth,Opp.KanyaPrashala,
Solapur
Tel.:lO2I7l 2620403,2626540Cell: 9422458139
Email: ashokmadgundi@gmail.com

Are presented
in accordance
with the requirements
of Regulation33
of the SEBI (Listing Obligationsand DisclosureRequirements.l
Regulations,
2015in this regard;and
give a true and fair view of the net profiV lossand otherfinancial
informationfor the quarterended31,1March 2016 (date of the
quarterend) as well as the yearto dateresultsfor the periodfrom
lsrApril-2015to 3l't March-2016.

Dare:28.04.2016

For; AshokMadgundi&Co.
CharteredAccountants

Placeof Signature
: Solapur

MembershipNumberOZ 61d

SmruthiOrganicsLimited
Registered
t corporateoffice.: 165-A!
BarajiBhavan,
1stFloor,Rairway
Lines,sorapur4l3oot(Maharashtra)
CINr L24li9PN''989PLC052562
AUDITEDFINANCIALRESULTSFORTHEYEAR ENDED31STMARCH2016

3 monthsended

Sr.

Partlculars
3t.03.2016
(Audlt6d)

Procedlng3
montlB endd

Corrspondlng
3 nonths nded

31,12,2015

In
{31.03.2015)
lho provlous

Iun.udltedl

(Audlted)

tiguresfor
31.03,2016
(Audlted)

tigures lor th
prevlousysar 6ndod
31.03.2015

(audtred)

1
a) Net Sales/ Incomefrom OpeEtions

2't87.53
TOIAL
2 Expgnsea
a) Cost oI mateJialsconsumed
b) Changesin inventoriosoffinished
goods,work in.paogressand stock-in
tlade
c) Employeobenefitsexpense
d) Depreciationand amortisationexpe
o) Otherexpenses
TOTALEXPENDITURE
(a+b+c+d.re)

Proliu(Loss)from opeaatlonsbetore
otherIncome,finance
costsand
exceDtionalllefis{1.2)
OthorIncome

Profiu(Loss)
fromordinaryactivities
beforgfinancecostrs
and exceplional
ItemsI 3+4)
Financecosts
Profit(Loss)from ordinaryactivitis
7 aftertinancecosts but before
exceDlionalllems l5-6l
I
Exceptionalitems
Profiv(Loss) from ordinary activities
betore tax (7+8)
't0 Taxexpense
CurrentIncomeTax
DeferedTax (Asset)/Liability
IncomeTax of earlyyeaf
NetProfit(Loss)from ordinary
11
activitiesaftertrx /g.lo|

'1740.07
16.79

2448.09
29.05
2477.14

1371.92

1't40.70

'1336.49

(1e2.33)

(49.54)

189.40
99.99
353.t2
1822.10

193.92
111.00
316.89
712.97

388.40

7149.77
108.27
7258.04

7286.59
193.86
7480.45

4493.42

4745.28

270.75

1240.91)

560.66

195.50
51.96
328.32

480.s8
1079.44

2r83.03

747.80
432.99
1198.35
6631.65

43.89

294.11

626.39

(17.08)

39.90

.00

0.00

44.93

16.49

428.30

45.89

294.11

671.32

(0.5e)

't28.54

119.46

299.76

(73.57l,

141.1s

299.76

(73.57)

'141.1s

0.00
0.00
0.00

tt

o'7

2210.50

81.66
0.00

7497.54

512.27

565.07

159.05

(565.66)

1 59,05

(565.66)

0.00
(184.30)
0.00

81.66
0.00

0.00
(184.30)
0.00

213.05

(73.57)

325.45

72.34

(381.36)

213.05

(73.57)

325.45

72.34

(381.36)

381.54

381.s4

381.54

381.54

381.54

items(netof tax
12 Extraordinary
exoenses
)
1 3 NetProfig(Loss)tor the period (11.,12)
Paid.upequity sharecapital ( Face
14
valueof Rs.lo/. each )
Reserveaexcludingrevaluation
't5 reseryesas per BalanceSheetof
previousaccounlinqVear
Earningsper shaJe(before
't6.i extraoJdinary
items (of Rs l0l- each)
{not annualised)
a) Baslq
b) Dilutod
Earningsper shar (afterextraordinary
16.i1items(of Rs 10/.each)
(not
annualisedl

2687.40

2565.15

2687.40

2565.15

5.58
5.58

(1.93)
(1.93)

8.53
8.53

'1.90

(10.00)
(10.00)

4q4ic

55d

b) Oiluted

5.58

(1.93)
(1.93)

8.53
8.53

1.90
'1.90

(10.00)
(10.00)

r{rr

&

fsr:I
$.r
3c
8/'

fi

l"r_r

/*+,i
9"i

PART II

3 monlhs

Sr.
No,

Partlculars

Precedlng3
monthsondd

nd6d
3.t.03.2016

31.12.2015

(Unaudlt6d)

(Unaudlted)

Correspondlng
Year to dats
Yearto dat
3 monthsendsd
flgures for
figurstor tho
(31.03.2015)
In cunent Pedodende( Prvlous yal ended
31.03.2016
31.03.2015
(Unaudltodl

{Unaudlted)

(Audlledl

PARTICULARS
OF SHAREHOLDING
1

PublicShareholding
- Numberof Sharcs
- Percentageof Shareholding
Promoteaaand PromoterGroup
Shareholdinq
a) PledgedI Encumbered
.Numborof Shares
.Percenlage of shares (as a% ot the
total shareholdingof promoterand
promoterqrcup)

1380839
36.19%

1380839
36.19%

Nil

Nil

1372239

1380839
36.'19%

1372239
35.97%

Nil

Nil

Nil

2443191

243459'l

2443't9'l

'100.00%

100.000/o

100.00%

100.00%

63.81%

64.O3%

63.8't%

64.03%

-Percentageof shares(as a % of the

totalshare capitalof th6 company)
b) Nonncumbgred
-Numbe,ot Sharcs
.Percentageofsharcs (as a% of the
total shareholdingof promoterand
promotefgroup)
.Peacentageot shares (as a % of the
total sharocapitalofthe company)

Padiculars

243459'l

ffil

3 months ended31.03.2016

B INVESTORCOMPLAINTS
Pendingat tho beginningotthe
quartet
Receivodduring the quarter
Disposodot du.ing the quarter
Remainingunresolvedatthe end of
the quarter

0
0
0
0

SmruthiOrganicsLimited
STATEMENTOF ASSETS& LIABILITIES

M "

-:
B ASSETS
Non-c!rrentass6ts
(a)Fixedassets
(i)Tangible
assets
(ii)lntanqible
assets
(iii)Capital
work-in-prooress
(iv)lntangible
assetsunderdevelopment
(b)Non-curentinvestrnentvAssets
(c) Defenedtax assets (net)
(d)Lonq{ermloansand advances
(e)Othernon-curentassels
Sub-lotal. Nonrurrent assets

3.224.13
108.61

'107.93

34.35
64.28
2,472.31

4.93
't45.94
2.437.A2

5,903.68

6,227.97

1.9U.77
1,928.54
162.68
382.64

1.783.31
2.167.68
169.17
540.95

4,408.63

4.661.10

Currentassets
fa) Currentinvestments
(b) Inventories
(c) Trade receivables
(d) Cashand cashequivalents
(e) Short{erm loans and advances
(0 Othercunent assets
Sub-total- Currentassets

TOTALASSETS

1
2

1 0 . 3 1 2 . 3 1 10.889.07

The Conpany operatesin one segnent only nanely - " Bulk Drugs anclDtug lntemediates".
Theabove resultshave been rcviewedby Audit Conmifteeand have been takenon recod at the
neeting of the Board of Directorsheld on 28th Apil 2016.
The Conpany has accountedDefered Tax Prcvisionat the end of the year consideing time differencesas per
AccountingStandad.
Previouspedod's figureshave been regrcuped/ rearanged whetevernecessaty.

Place: Solapur
Date 28thApril 2016

sd/( E. PURUSHOTHAM)
CHAIRMAN& MANAGINGDIRECTOR
DIN: 00033583

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