Simplex Proiects Limited

AN ISO 9001:2008 & ISO 14001:2004 COMPANY

sPryBSEfl45/2016-77
May,2016

30th

BSE
Pj

Limite4

Towers,
Dalal Street,
Mumbai - 400

001

Scrip Code
Dear Sir

532877

/ Madam,

Sub: Outcome of the Board Meeting

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015, we would like to inform you that the Board of Directors of the
Company at its meeting held today, the 30ft May,201.6, inter alia, has:

1. Approved

and taken on record the Audited Financial Results of the Company for
the Quarter/ Financial Year ended 31't March,2A16;

2.

Not recommended any dividend for the Financial Year ended 31't March,201.6.

This is for your information and record.

Please

kindly acknowledge the receipt of the same.

Thanking you,
Yours faithfully

tot
Balkrishandas Mundhra
Chairman & Managing Director

llllc/2,

Corporate Oflice

East Topsia Road, Kolkata - 700 046

Phone : +91 33 2285 4125,6634 1200, Telefax : +91 33 2285 2105

l2ll

Registered Office :

Nellie Sengupta Sarani,4th Floor, Kolkata-700087, india

Phone : +91 33 2252 723117232, E-mail : info@simplexprojects.com
CIN : L45201W81990PLC050101
www. simplexprojects.com

Simplex Projects Limited

AN ISO 9001:2008 & ISO 14001 :2004 COMPANY

sPvBSVl43/201.6-17
30th

May,2015

BSE
P

Limite4

] Towers,

Dalal Sfreet,
Mumbai - 400

001"

Scrip Code

Dear Sir

532877

/ Madam,

Sub: Compliance under Regulation 33(3)(d) of the SEBI (LODR) Regulations,2015 for
the Quarter and Year ended,31./03/201,6
Enclosed please find herewith the Audited Financial Results of the Company for the
Quarter/ Financial Year ended 31st March, 201.6, pursuant to Regulation 33(3)(d) of

SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 duly

reviewed and approved by the Audit Committee and the Board of Directors in their
respective meetings held on 28hMay,2016 and today, the 30ft May, 201,6, respectively.
This is for your information and record.
Please

kindly acknowledge the receipt of the same.

Thanking you,
Yours faithfully
Ferimnlex Projects Limited

----)
Balkrishandas Mundhra
Chairman & Managing Director
Encl: as stated above
lll1cl2, East Topsia Road, Kolkata - 700 046
Phone : +91 33 2285 4125,6634 1200, Telefax : +91 33 2285 2105
Registered Office:

I Nellie

Sengupta Sarani,4th Floor, Kolkata-700087, lndia

Phone : +91 33 2252 723117232, E-mail : info@simplexprojecrs.com
CIN : L45201WB 1990PLC050101
12i

www simplexproj ects.com

#
-.t.1*

stMPLEx PRoJEcrs LrMrrED

CIN : L45201WB'i990PLC000101

Regd. Office: 12l1, Nellie Senupta Sarani, 4th Ftoor, Kolkata - 700 087
Phone No. - 033-2252-7231, Fax No. - 033-2252-8013,
website : www.simplexprgiects.com; Email - info@simplexprojects.cor

Dart I

ffi
Quarter

Particulars

ended

in Lacs- Exce

year ended

31-Mar-16

31-Dec-15

31-Mar-15

31-Mar-16

31-Mar-15

Audited

Unaudited

Audited

Audited

Audited

I llncome From Operations

la. Net Sales

lf.

Otner Operating lncome

lTotal lncome From Operations (Net)

o 7ta aA

13,465.54
96.92
13,562.46

8,0s5.37
13.80
8,109.17

3,409.99
3,574.80

2,749.76
2,006.31

2,403.O1

6,400.92

2,915.56
113.82
422.21
133.94
8,341.60

5,348.44
149.14
451.15
359.21
10,513.44

48.53
9,772.03

42,116.51
119.57
42,236.08

52,099.06
150.25

12,726.81
13,512.57

12,965.22
15,496.80

13,799.40
537.80

8,665.94
567.09
1,896.77
742.74
50,984.92

52,249.31

I
I

lerp"n"""

la. Cost of Materials Consumed

I b. Purchase of Stock-ln-Trade
lc. Cfranges in lnventories of Finished Goods, Wtp & Stock-lnlTrade
Sub-Contracting & Other Construction Expenses
ld.
e. Employee Benefit Expenses
f. Depreciation & Amortisation Expenses
g. Administrative Expenses

650.36
175.41

490.94

Total Expenses

14,728.53

Profit / (Loss) From Operations Before Other lncome,

Finance Costs And Exceptional ltems (1 - 2)

(1,1 65.07)

Other lncome

Profit / (Loss) From Ordinary Activities Before Finance

Costs And Exceptional ltems (3 + 4)

Finance Costs

Profit / (Loss) From Ordinary Activities After Finance costs

But Before Exceptional ltems (5 - 61

Exceptional ltems
Foreign Exchange Gain/(Loss)

ProfiU Loss From Ordinary Activities Before Tax (7 + 8)

1,802.49

(232.43)

172 70

89.23

(993.37)

(143.20)

(741.411

1,908.51
1

,027.52

43,5',12.61

(1,276.53)

435.21

(710.041

(841.32)

1,?64.39

769.70

2,034.09

?,751.42

1,775.83

1,955.25

7,910.56

6,038.07

(3,7M.7g',t

{1,923.03)

(2,665.29)

(8,751.88)

(4,003.98)

(77.67)

788.69

(2,000.70)

(1,876.60)

296.O2

13,4,4,8.771

474

(8,751.88)

(3,529.30)

(218.37)

(125.62)

{8,533.51}

(3,403.68)

i0 Tax Expenses
11

Net Profit / (Loss) From Ordinary Activities After Tax (9 -

12

Extraordinary ltems (Net Of Tax Expense)

13

Net Profit / Loss For The Period (11 - 121

14

,aid-Up Equity Share Capital (Face Value Of Rs. 1O^ Each)

15

leserves (Excluding Revaluation Reserves As per Balance

iheet Of The Previous Accountino Ycar\

10)

(s2.60)

(323 64)

(3,396.17)

(1,677.06)

(12s.62)
(1,750.98)

l
I

I
I

(3,336.17)

(1,677.06)

(1,750.98)

1260.04

1260.04

1260.Ot

(8,533.51

1260.O4

10,583.66

(3,403.68)l

1260.04
17,410.53

16-i Earnings Per Share (Before Extraordinary ltems)

(of Rs. 10/- each) (Not Annuatised)

a. Basic
b. Diluted
Earnings Per Share (After Extraordinary ltems)
(of Rs. 10 /- each) (Not Annuatised)
a. Basic
b. Diluted

(26.e5)
(26.es)

(13.31)
(13.31)

(26.es)
(26.95)

(1

3.31)

(13.90)

(67.72)
(67.72)

\27 01)

e0)

(13 b0)
{1 3.90)

(67.72)
(67 72\

(27.01)

(1 3.

(27 01)

(27.01\

STATEMENT OF ASSHTS AND LIABILITIES

(Rs. in Lacs)

Standalone
As at 31 March,
As at 31 March,
2016
2015 ,

Particulars
A

EQUITY AND LIABILITIES

Shareholders' Funds
(a) Share Capital
(b) Reserves And Surplus
(c) Money Receivgd Against Share Warrants
Sub-Total : Shareholders' Funds

Share Application Money Pendinq Allotment

lUinority lnterest

Current Liabilities
(a) Short-Term Borrowings
(b) Trade Payables
(c) Other Current Liabilities
(d) Short-Term Provisions
Sub-Total : Current Liabilities
TOTAL : EQUITY AND LIABILITIES

ASSETS

Non-Current Assets
(a) Fixed Assets
(b) Goodwill On Consolidation
(c) Non Current lnvestments
(d) Defened Tax Assets (Net)
(e) Long-Term Loans And Advances
(fl Other Non-Current Assets
Sub-Total : Non-Current Assets

1,260.04
17,410.53

11,843.70

18,67A.57

Non-Current Liabilities
(a) Long-Term Borrowings
(b) Defferred Tax Liability (Net)
(c) Other Long-Term Liabilities
(d) Long-Term Provisions
Sub-Total : Non-Current Liabilities

1,260.04
10,583.66

Current Assets
(a)Current lnvestment
(b) lnventories
(c) Trade Receivables
(d) Cash And Cash Equivalents
(e) Short Term Loans And Advances
(fl Other CurrentAssets
ffi=
Sub-Total : Current Assets 1.1+>"*-<L/':\

TOTAL ASSETS

hi-/ i7

tn\ AL,AA--|;ii

;\

,/J,

\k*6ez

365.57
658.37
83,218.05
80 71
84.322.70

78,060.00

58,683,62
29,366.91

45,558.20
35,957.85

8,949.51
127.11

8,426.51

97,127.15

90,060.77

1.93.293.55

1.86.791.34

12,413.45

13,584.63

702.29

1,319.45

z,tti.za

2,022.64

13.84

876 74
77,104.19
65.23

118.21

'1.038.66

696

16,271.76

16,933.68

74,097.81

68,842.54
90,389.06

93,655.21

3,391.66
5,434.07

4,821.11

5,422.66

443.04

382.29

1,77,021.79

1,59,857.66

1.93.293.55

1.86.791.34

Segment Repoft

(Rs. in Lakh)
STANDALONE

Quarter Ended

Year ended

Particulars
31.03.2016
(Audited)

37.12.20L5
(Unaudited)

3L.03.2015

{Audited)

31.03.2016
(Audited)

31.03.201s
(AuditeU)

1. Segment Revenue

(a) Construction Activity

9,842.09

6,057.31

7,858.77

28,422.21

35,77r.81

{b) Trading Activity

3,623.45

2,038.06

L,864.73

13,694.30

16,327.25

13,465.54

8,095.37

I,V23.5A

42,'tt6.5L

52,099.06

13,46s"54

8,095.37

9,723.5O

42,116.51

s2,099.05

(1,042.01)

1L74.es)

(723.61)

(1,023.04)

1,902.67

48.65

31,.75

1,3.57

181".73

1"31,.42

(ee3.36)

{143.20)

{710.04)

(841.31)

2,034.09

2,751,.42

L,779.83

1,955.25

7,91_0.s6

6,038.07

(77.67\

31,4.01

Total

lnter Segment Revenue

Less:

Net Sale/lncome From Operations

2. Segment Results (Profit)(+)/ross (-)
Before Tax And lnterest From Each

Segment
(a) Construction Activity
(b) Trading Activity

Total
Less: i)

lnterest

ii) Other Un-allocated Expenditure

Net Off

iii )Un

Allocated lncome

Total Profit Before Tax

296.02

474.68

474.68

{3,448.76}

{2,000.70}

(1,876.60)

(8,751.88)

(3,529.30)

94,346.94

r,01,011.83

95,788.60

94,346.94

95.788.60

1,C80.37

1,634.06

t,642.48

1,080.37

1,642.48

95,427.3X,

t02,645.89

97,43L.08

95,42V.31

97,431..08

J, Laprtar Emptoyed
i9gg!-e!E:fe,!s - Segment Lia
{a) Construction Activity
(b) Trading Activity

Total
Notes:

The above results were reviewed by the Audit committee and rvere considered and approved
by rhe Board of Directors at their respective meetings hcld
on 28d'May 201 6/30e May,2016.
Foreign Exchange gainiloss was on account ofMark to Market Valuations ofall exposures including
derivative contracts. which materializecl during the
quarter/year ended 31utMarch,20l6 and those outstanding at ths end ofthe quarter
and in respect oftranslating financial statement offoreign branches.

The operations of the company's branch at Libya, was stopped due to prevailing political
situation. The company has signed a supplementarl,,
agreement with the Govemment for realization ofdues and resumption ofcontract. In view
ofthis the amount ofdues and assets deployed rn Libya are
realisable and no provisions thereof are- required at this stage. rhe ixpenses incurred during
the quarter in respect of its said branch and the depreciation
relating to the machineries deployed there has been considere{ as work-in-progress. Ho=wevei,
in view oi prolonged uncertainty of resumplion the
Company has moved an application with the Hon'ble Hieh Court at Delhi for
f,roceeding with Arbitration and has been granted an interim stav fbr

lunherextension/invocationofBankGuaranteesforrheproject'

No provision for additional/penal interest on delayed repayments

respective lenders.

ofrenn

Lorins/Hire Purchase loans have been made as they are yet to be settle with

Tax expenses are net ofdeferred tax effects and minimum alternative tax credit
The figures for the quarter ended March 31" 2016 and March 3.1" 2c15-arethe balancing
figures between audited figures in respect offull financial year
ended March 31s 2016 and March 3-1'r 2015 respectively and the unaudited published yiar
to date figures up to December 31* 2015 and De cember 31 ,,
2014 respectively, being the end ofthe third quarter ofthe respective iinancial y.urr,
*'hi.h were subiect to ii.it"d 1."ui"*.
Previous period figures have been re-grouped/re-arranged, rvherever considered necessary.

Date: 306 May, 2016

behalf of Board of Directors

Place: Kolkata

Chairman & Managing Director