M/s.

KASTURY & TALATI

CHARTERED ACCOUNTANTS
41, Mistry Bldg., 635, J.S.S. Road, Above Allahabad Bank, Near Metro Cinema, Mumbai - 400 002.
Tel. .2206 1958 I22061017 . Fax :22057373. E-mail : admin@kasturytalati.com

No.: 1026/2015

LIMITED REVIEW REPORT ON THE UNAUDITED STANDALONE FINANCIAL

ICALS
EPTEMBER
THE

to
The Board of Directors,
Chembond Chemicals Limited
Chembond Centre,
EL-71, Mahape, M.l.D.C.,
Navi Mumbai-400 705.

We have reviewed the accompanying statement of unaudited standalone financial results

of CHEMBOND CHEMICALS LIMITED (''the Company") for the quarter and half year
ended 30'n September, 2015 ("the Statement") except for the disclosures regarding
"Public Shareholding", "Promoter and Promoter Group Shareholding" and;"lnvestors
Complaints" which have been traced from disclosures made by the management and
have not been reviewed by us. This Statement is the responsibility of the Company's
management and has been reviewed by the Audit Committee and approved by the Board
of Directors. Our responsibility is to issue a report on these financial results based on our
review.

We conducted our review of the Statement in accordance wiih the Standard on Review
Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the
Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of
India. This standard requires that we plan and perform the review to obtain moderate
assurance as to whether the Statement is free of material misstatement. A review is
limited primarily to inquiries of company personnel and analytical procedures applied to
financial data and thus provide less assurance than an audit. We have not performed an
audit and accordingly, we do not express an audit opinion.
Without qualifying our review report, we draw attention to Note no. 5 of the Statement
relating to the exposure by way of investments, loans & advances and debtors
aggregating Rs.1407.59 lakhs in two subsidiaries and one associate company whose net
worth has eroded. No provision haS been considered necessary by the Company in this
regard as Management is confident of positive trend in near future and the investments
are long term and losses are temporary in nature.

Mls. KASTURY & TALATI

COUNTINURTION SHEIT

othing has come to our attention that causes

ent of standalone unaudited financial results
ber, 2015, read with the Notes thereon.
ting Standards specified under Section
ith Rule 7 of the Companies (Accounts) Rules,
2014 and other. recognized. accounting practices and poricies, has
not discrosed the
information required to be disclosed in ieims of clause +t of
r_istint Agieement with
the stock Exchanges in India, including the manner in which
it is to be disciiseJ, or tnat it
contains any material misstatement.

te

For M/s. Kastury & Talati

Chartered Accountants

Place: Mumbai

Date:31.10,2015

Dhiren P. Talati: partner

Membership No.: Fi41867

CHEMBONO CHEMICALS LIMITED

clN 12,t100MH1975PlC018235
Rgd.Officor chombond cantre, EL 71, Mahape Mloc,Navi Mumbai - 400 710
Unauditd FinancialRsulis torlh Quarler and HaltYear Endd30lh ssptembsr,2015

a. Net Sales/lncome ftom Operalions

otallncome from oprations {Nei)

5,476 39

5,32218

5 476 51

10,798 57

10 639 53

21,467.31

11 50

59 96
5,382.14

55 96
5,532 47

10,870.03

11152
10,75r.05

21,71510

447340
11 68

4,455 48
156 73

9,011 33
52 37

8,687 22
2E5 54

17,280 36
383 01

(34 81
494.20
64 37
291 A6
5,393.25

504.54
64 76
274 37
5,264.63

498,11
68 07
277 57
5,132.20

998 74
129 13
565 44
10,657.E8

977 97
134 21
519 03
10,56?.04

1,9r717
27621
1,183 06
21,156 65

94.64
217 0f

i.r7.51
a7 97

100.27

212.15
365 05

189.01
206 25

558.45
288 79

171.72
20 75

205.4E
55 49

100.27
69 63

57t 20
76 25

395.26
135 12

E47 24
273 52

't49,99

30 64

500_95

260.14

s7372
57372
15 40
55.33

5,4E7.E9

Cost of material consumed

Purchase of Stock,in trade
Changes in invantoryof Finished Goods, WotkEmployes Benefil Expenses
Deprcdation and Amodisation Expenss
Other Eipenses

Profit lrom Opraiions belors other Income,

costs and Excaptional ltoms
Prolit from ordinaryaclivitis before llnanc
cost I sxceplional items
from ordrnary activities aftr linanco
but belore exceptional items

4,537 73
40.69

350.96

116 85

17,551 00

17 551 00

from ordinary activi!s btlore tar

3,680 63

20.70

11,371.t2

260.14
16 5r
243.63

't4,09{.0

2070

14,171.32

243.63

55E 33

667.64

666 04

667 64

666 04

666 04

21110

031

246 24

030

215 26
210 30

36
355

30 64

277.2s
277.25
667.64

7372
Pront kom ordinary activity altorlax

994

17,700.99
3,606 91
14,094.06

350.96

247 79

18,051_95

equity sha.e crpiial (lace value of Rs 10

Resrves rcluding Revaluation Reserve as pe.
balance sheet of previous accounling Yar
Earnins Per Shar6 ( or Rs.10 eacn) (not

Part-ll

Sglqct Inlomatlon tor thg Quartr ended 30

30 09.2015

30.06 2015

,201

30.09.2014

30.09 2015

30.09.2014

31,01,201s

PARTICULARS OF SHAREHOLDING
17 Public Sharcholding
2095145
31.3E%

. Percentage of shareholding

2095120
31 38%

2046745
31 33%

2095145
31 38%

2046745
31 33%

2080995
31 24%

Nil

18 Promoler & Promoter Group

Shareholding
a) PledgedEncumbered
N

Nil

N]

Ni

Nl

Nil

Nrl

Nil

Ni

Ni

Nil

Nil

Nil

4581217

4581242

4573667

4581217

4573667

4579417

100 00ol

100 0001

100 00%

100 00%

100 00%

i00

68.62"1

6A 62%

66 67%

68 62%

68 67%

Percenrage of shareholding(as a % ofthe lolal

shareholding of p.om016r and prcmotergroup)
-

- Percentage of sharholding(as a %

oflhe lotal

sha capilalof ihe company)

, Pelcenlage of sharcholding(as a % olthe tolal

sharcholdin9 ofpromoler and promoler grcup)
- Percentage o{ shareholding(as a %

share capital of lhe company)

0004

oflhe total
68 7602

CHEMBOND CHEMICALS LIMITED

clN 124100MH1975P1C011235
400
Regd.Offica: chmbond Cntro, EL 71, lvahaPe MlDc'Navi Mumbai'

!!@-*

and approvd bv ths Board

,o, tho ouarier nded 30$ s'ptembor 2015' have bn r::i:1-"1-bl-:1"-.1*lt"::lmit166Auditors
ano surjecteo to timited rviw bv the statutory

;;t;;il;",oro

"0o"",".u,o
:ffil".::1"fi';:;;;;;il

710 -'

purcuant
namelv "sP'cia ltv chem icals ' and th6rfore ths inlormalion
The Gompany oporatos in 3 singl Dusrn6ss sogmnt
to AS - 17 F not aPplicablo.

,8,ffi;"T*:il:'fii:'.1;idendrromsubsidiarvrortheHartvarendd301hl:ll"-L"jl-10.'^1?lllll*:::lll,3ll'"'.'.i,,1:1.11'
loth
9::::i."""f,"'ift:'fiil[;l';:];."';i;:';J;ili'"i6i".'i"i"g ""''r;''estm)ntrorthe ouarterand ttarrvarendod
Sept6mbe. 2015, Rs.277.07
Excaptionat rtoms
LId.(HCST L) after co

in iointvonture HsntelChmbond Surfaco Tchnologros

goo Lac in con nction io th is incomo

rprEsen
nsidon

tureolRs

assocrar
Deblols aggrogalingRs 1'407 59 Lacs in two subsidiaris and on
Tho company has inv.stments' Loans a advancs afld
isconndentnoushtobrins

companywhosenetworth*.",oo"o.no-."",n-oi1;'f;;l:!9f:li:'"d;:::::::11":;',n,,".:""
losses are tomporary in nEtur

iiiii"li"iJli

ii;", r;,"re

Statmnt orAsset3

and

ti.

investments are lons trm-and

Liabilit6t

ESOP Sharc Appllcalion rvlonev Recd

Delened tax liabilities (Nel)

Non Curni Investrnenls

Long Tm Loans & Advancs

and cash Equivalenls

Term Loans and Advances

to conform to lhis quarter classification

BY Order of tho Boa'd or Oircclors

For

Dat | 31sl Octobor, 2015

cH

LTo

Chairman a Managing Dircclor

CHEMBOND CHEMICALS LIMITED

ctN L24100MH1975PLC018235
Regd.Office: Chembond centre, EL 71, Mahape MlDc,Navl Mumbal - 400 710
Unaudlted Flnanclal Results for the Quarter and Half Year Ended 30th September. 2015

243 4',1
30,160.85

4 520 55
11.68

4,853 08
153 90

74.31

ExcepUonaliteans

Profit from ordinary activities afler linance

but before exceptlonal ltems
Profit from ordinary activitios before tax

'10

7,707 23

I075

11

89 99

472 03
282 71

(86 43)

936

a7 64
896 5

927 40
88 10
774.31

1,053 80
96 53
1,085 97

6,532.23

6,257.38

7,143,68

400.40

521.90

9'1

Profit from Operationg before Other Income,

costs and Exceotional ltems

277.O7

18 67

643.30

419.O7

864 31
'17 5 74
1,670 90
T

12,789.61

174 02

2,056.50

2,14919

3,5 97
432 32
4 945 94

13,965.40

27,809.60

1,030.96

2,351.26

't,030.96

2,351.29

187 78

004

295.7 5

52't.90

't,062.38

17 988 34
383 01

39 08

69.96

92 5a

109 04

182 52

361 08

604.22

349.11

529.32

953.34

848.43

1,990.21

18,504.34
3,868 87

848.43
291 15

1,990.21

3,687 35

529.32
183 39

557.27

1,422.59

604.22
181 53

17,551 00
17,900.1I

17,551 00

Net Prolit from ordlnary actlvlty afler tax

422.69

14,212.77

345.93

14,635.46

Exlraordinary ltems
Net Profit For the Period

422.69

14,212.77

345.93

14.635.46

90 25

74.45

7124

$4

7a

113 29

205 44

332,44

14,138.32

274.59

14,470.76

443,98

1,237.85

667 64

667 64

666 04

667 64

666 04

666 04

Share of
15
16

135 13
14,996.35

4,554.56

Finance Costs

12
13

101 63

13,556.24

64.T 6

6,557.78

6
7

t1

58 35

7,755.58

37 47

6,898.46

Profit from ordinary activities before finance

29,917 45

otal Income from Operations (Net)

Employees Benefit Expenses

Depreclation and Amodrsalion Expenses
Olher expenses

M,46122

6,860 99

Cost of material Consumed

Purchase of Stockjn lmde
Changes in inventory ofllnished Goods, work

6,593 62

13 454 61

Net Seles/ln@me From Operations

1,422.59

(Proft)/Loss om Associales

lvlino ly Interest
Net Profit After Taxes, Mlnority Interest and
After Share of (Proflt)/Loss ofAssoclates
Paid-up equity share capital (face value of Rs '10
per snare)
ReseNes excluding Revalualron Reserve as per
balance sheel ol Drevlous accounlinq Year

8,858 5s

Earning Per Share ( of Rs.l0 6ach) {not

annuallsed)
18 59

CHEMBOND CHEMICALS LIMITED

clN L24lOOMHl975PLC0l9235

Mumbal '400 710

Regd.Office: Chembond Centre' EL 71, Mahapo MIDC'Navl
-- .
3oth September' 20'15
Year
Ended
Half
and
for
the
Quarter
unauoiiel Ftnanclat nesults

30th September' 2015

Select lnformation for the Quarter and Half Year ended

Part-ll

Particulars

Sr.
B
2a

21

paartcuuns or

Jo.os.zor5

30.06.2015

Year Ended
HrlfYear Ended
30.0s-291L 31.03.2015

30.09.2015

30.09.2014

SHnREHOLDING

Public Shareholding
- No of shares
. Percentage of shaleholding
Ptomoter & Promotel GrouP

209514s1
31 38Yol

2095145
31.38%

2086745

Ni

Nil

31.33o/o

Shareholdinq

a)Pledged/Encumbered
- No of shares

s
P
of s

ofthe lotal
ler group)

- Percentage of
shareholding of

I' Percentage

"l
Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

NI

NiI

4581217

4541242

4573667

45A1217

4573667

4579417

100.000/o

100

000/o

100

00o/o

100 00%

100 00%

100 00%

66 62'/c

69

67'l

68 670l

68 760/o

ofthe total

cprtal of the comPanY)

)Non-encumDered
No- of shales

- Percentage ot shareholding(as a % ofthe total

shareholding of promoter and promoter group)
Percenlage of shareholding(as a
share caDitalof the

o/o

ol the total
68 62Ya

comlelY)-

6a

624/o

months Ended 30.09.2015

Partlculars
B

o-.6"/a.i n'rrind lhe Ouarler

rhc o"rnd

5
0

^.^i;n^

Remaining Unresolved at the End of Quarter

Board
reviewed by the Audit committee ancl approved by the
for the euarter encred 3oth september 2015, have been
"oou" at their meetlng held on 3'lst October' 2015'
of Directors

"otrt?n"

,".r,o

2Exceptiona|a|eofentirestakeof49%|njointventureHenke|chembondsurfaceTechno|og|esLtd'{HcSTL)
lncome ln viewthereof' the previous
rlng expendliure of Rs 9O0 Lacs I n con nectlon tothis
aFterconsld
s tigures ale not comparable to that ot the current Quarter'
Quarter flgu

6,506 08

15170
Segment Result Before Interest &Tax

CHEMBOND CHEMICALS LIMITED

clN L24100MH1975PLC018235
Regd.Office: Chembond Centre, EL 71, Mahap MlDC,Navl Mumbai ' 400 710
Unaudit; Flnanclal Results for the Quarter and HalfYear Ended 30th September, 2015

(Rs.206.25Lacs) and Yoar ended 31st

Protit After Tax lncludes dlvldend for the Half Year ended 30th September' 2015 Rs.69.30 lacs
March 2015 Rs 288.75 lacs lrom Subsldary Company

Consolldated
as at

Particulars

As at

30 09 2015

3t 03 2015

unaudited

Audiled

EQUITY AND LIABILITIES

Shareholder's Funds
Share Capiial
Reserues and Surpl!s

I,524 64

26 99

2410

20,565 92
1,362 44

9,548 74
1,254_44

20 59

199 74
262 37
100 61
652 7',\

Share Applicatlon fioneY Pendlng allotment

Minonty Interest

666 04

667 64
19 471 29
20,539 93

Non-current Liabilitles
Long-term boffowings
Deferred iax liabililies (Net)
LOng-lerm provrsrons

Current Llabllltieg
Shod{erm borrowings
Trade payables
Other current llabilrtres
Short{erm provisions

245.96
88 36
354 81
1

,O17 44

4,288 56

2 579 44

I882

15

32.'t65.32

1,967 24
4,859.57
1,591 90
411 60
8 830 31
20 2A6-21

ASSETS
Non-Current Assets
3,946 44
699 39
242 52
4,888 35

12,166.26
293 25
12,459 51
3,608 46

2,947

01

6,350 48
'1,596 77
314 74
417 46
321C5 32

ft

Prvlous quarter figures havo been regrouped

Place: Mumbal
Date : 3'1st October, 2015

4 417 95
729 07
339 00
5,486 03
77 20

681.68

063
3,050 03
8,604 79
1,607 93

14 118 50
2n 246 21

neiissary to contorm to thls quarter classilicatlon

By Order ofthe Board of Oirectors
LS LTD
For CH

Samee
Chairman & Managlng Director

trR