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General information about company

Scrip code
Name of company
Result Type

Class of security

538504
Creative Merchants Limited
Main Format

Equity

Date of start of financial year

01

04

2015

Date of end of financial year

31

03

2016

Date of board meeting when results were approved

10

02

2016

01

02

2016

Date on which prior intimation of the meeting for considering

financial results was informed to the exchange
Description of presentation currency
Level of rounding used in financial results
Reporting Quarter

INR
Lakhs
Third quarter

Nature of report standalone or consolidated

Standalon

Whether results are audited or unaudited

Unall(lilpd

Segment Reporting
Description of single segment

III, (

1IIII'ili

O ll clile r

Oil ly

.-

Single sC'p nwn l

Merchants and trad ing

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Quarterly & Half Yearly Financial Result by Companies Other than Banks
3 months ended
mm-yyyyl

Particulars
A

(dd

Previous 3 months

---

Yc;}rltJ d .d l; '1I!IIil" .IL'i1

pn~ vi o tJ :~

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Corresponding 3 months

Year to date figures for

current period ended

mm-YYYYI

ended in the previous

year
(dd-mm-yyvyl

(dd-mm-VYYYI

(ddmmyvyv)

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(dd

ended

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(dd -rnm

Date of start of reporting period

01 10 2015

0107 201S

01 102014

01-04-201S

0104 2014

0 1 01 ) 11 111

l lllJ .lfW.

Date of end of reporting period

31 12-2015

30-09 201S

3112 -2014

31-lZ-201S

3112 2014

Whether re sults are audited or unaudited

Unaudited

Unaudited

Unaudited

Unaudited

Unaudited

A Ur'lIt('d

Nature of report standalone or cons olidated

St andalone

Standalone

Standalone

Standal one

Standalonf'

~ 1. l l"I d t ll o n c

Part I
1

Revenue From Operations

: ,,11 > II

JI

,"1

thi " >11 ~

1635.420

10.000

4104.710

36.000

Oth er oQerati ng revenues

0.000

0 .000

0 .000

0.200

0.000

1134.8 70
9.250

4.000

1635.420

10.000

4104.910

36.000

1144 .120

Expenses

(0)

Cost of materials consumed

0.000

0.000

0.000

0.000

0.000

0.000

(b)

PurchClses of stock-in -trad e

0.000

16 27.620

S.OOO

409 2.0S0

273 00

1131 .350

Ch anges in inven tories of fi nished goods, wor k-i n -Q ro ~ r e5 s and sto ck -in-tradf:

0.000

0 .000

0.000

-16.830

0.000

0.000

0.300

0 .000

1.000

0.000

1.000

0.000

0.000

0.000

0.200

0.000

0.400

0.000

3.000

4.000

3.000

3.770

6.000

3.560

(e)
(d)

1', I:'1a,

4.000

Total Revenue from operations (net)

lll"j;

Net sa les or Revenue from Op eril tio ns

I!:Q.Q!01:ee

~e n e fit

exgense

(e)

D~Qf ec.i i3 tign ~ nd .a m o~ j 5?t i Q.D. ..~en5e

(f)

Other Expenses

Office and Administrative Exp enses

2
3
4
5
6
7
8

9
10
Total other expen ses
Total expenses

3.000

4.000

3.000

3.770

6.000

3.560

3.300

1631.620

9.200

4078.990

34.700

1134.910

,,"

Profit (loss) from operations before other income, finance costs and exceptional
items

Ot~fLl'19.. U1 e

Profit (loss) from ordinary activates before finance costs and exceptional items

Fin ance costs

=---------------------+------~--~--tIl. ~----~--J-"I
~ ..

Profit (loss) from ordinary activities after finance costs but before exceptional items

__

Prior period items beforE: tax

Exc ~fltional

itelllS

10

Profit (loss) from ordinary activities before tax

11

Tax

E~pe n s~

12

Net profit (loss) from ordinarv activities after tax

13 I

Ex tr aordl narv items

Net Profit loss for the per_iod from con tin uing operations

14 I
15

Profit (los s) from di scontinuing operations before tax

16
17

Ta x expen se of discontinuing operations

I

Net profit (loss) from discontinuing operation aftertax

18

Profit (loss) for period before minority interest

19

Sha re of profit (l oss ) of asso ciates

20
21
22

Profit (l oss) o f minority interest

Net Profit (loss) after taxes minority interest and share of profit (loss) of
0 .700

3.800

0.800

25.920

0.440

6.360

Pa id-up equity share capital

500.000

500.000

500.000

SOO.OOO

500.000

500.000

Face value of equity share capital

10.000

10.000

10.000

10.000

10.000

10.000

0.000

0.000

0.000

0 .000

0.000

0.000

associates

Details of equity share capital

23 IDetails of debt securities

Paid-up debt capital
Fa ce value of debt securities

24

Reserves excluding revaluatio n reserve

25

I 26

Deb enture redemption reserve

lEarnings per share

Earnings per share before extraordinary items
Ba sic earnings per share before extraordinary items

0. 000

0.076

0 .016

0.520

0.008

0.127

Diluted earnings per share before extraordina ry items

0.000

0 .076

0.016

0.520

0.008

0.127

Earnings per share after extraordinary items

Basic earnings per share after extraordinary items

0.000

0.076 '

0 .016

0.520

0.008

0.127

Diluted earnings per share after extraordinary items

0.000

0.076

0.016

0.520

0.008

0.127

27

De bt equity ratio

28

Debt service coverage ratio

29
30

Interest service coverage ratio

Disclosure of notes on financial results

Add Not

Ho me

) 1

Validate

Sub classification of income and expenses

3 months ended
mm-yyyy)

Particulars

(dd-

I Correspondinc 3 months
PreViOlJS 3 months
(dd
ended in th e previous
(dd-mm-yyyy)
mm-yyyy)
year

ended

Year to datt' fir. lIn ", h I!

current peri od (' Illh !!
(dd-mm-yyyy)

YI ', II 10

d ' lt f'

tl lllJr C~

for

Prvv iOll:' .iccollntinf! year

!'ntiNI
(dd-mm
yyyy)

I'll L'vious pl'riod cn(If'd

(dd -mm-yyyy)

Date of start of rep orting peri o d

01 -10-2015

01 -07-2015

01-10-2014

01 -04 -201 5

01-04-2014

Date of end of repo rting period

3 1-12-20 15

30-09-2015

31-1 2-2014

31-12-201 5

31 -12-20 14

3
4

Wh ether results are audited or unaudited

Unaudited

Unaudited

Nature of report standal one or consolidated

Standalone

Standalone

Unaudited
Standalone

Unaudited
Standalone

Standalone

01-04 2014
31-0 3-2015

Unaudited

Audited
Standalone

Subclassification of income and expenses

Disclosure of revenue from operations

Revenue fr om sal e of products

4.000

1635.420

10.000

4104.711

36.000

1134.870

4.000

1635.420

10.000

4104.710

36.000

1134.B70

Revenue (ro m sa le o( servi ces

Reve nue fr om interest (NBFC)
Reve nue fr om other fin ancial serv ices (N BFC)
Less: Excise duty
l ess: Service tax co llected
less: Oth er duties taxes collected
Net sales _o ~ B.evcnue froen Op'~ r a t i ons
2

Disdosure of other operating revenues

Other

~~rating

revenues

Net gain/l oss on (oreign currency fluctu ations t rea ted as other
operatinc revenue
Miscellaneous other operating revenues
Total oth er
3

o p'e r a Ll n~

ri'venUes

0.000

0.000

0 .000

0.200

0.000

9.250

0.000

0.000

0_000

0.200

0_000

9_250

0.000

0.000

0.000

- 16.830

0 .000

0.000

0.000

0.000

0_000

-16.830

0_000

0.000

0.3001

0.0001

1.0001

1.0001

0.000

Changes in inventories of finished goods, work-in-progress and stockIn-trade (Abstract)

Changes in inventories of finish ed goods
Changes in inventories o( wark-in-progre ss

Changes in in ventories of stock-in-trade

Changes In other inventories
Changes il) inventories of fi nished good s, wo rk- iQ- Qrocress and stock -In
tr.!'l d e

Employee benefit expense (Abstract)

Salaries and wages

0.0001

Contribution to provident and other funds

Contribution to provident and other funds for contract labour

Contribution to provident and other funds (or oth ers
Total contribution to provident and other funds
Expense on employee st ock option scheme and employee stock

purchase plan
Commission employees
Employee medical insurance expen ses

leave en cashment expenses

Gratuity
Pen sion schemes
Voluntary retirement compen sation

Other retirement benefits

Staff welfare expen se
Other employee related expenses
-

Total em,Qloee benefit eX l2 ense

0.300

0_000

1.000

0_000

1.000

0,000

Depreciation and amortisation expense

Depreciation expense

0 .000

0.000

0.200

0.000

0.400

0 .000

0.000

0.000

0.200

0.000

0.400

0.000

Am o rtisat ion expense

Total deRf eciation and amortIsation eXQense

Breakup of other expenses [Abstract]

Consumption of stores and spare parts

2
3

Rent

Power and fuel

Repairs to building

5
6

Repairs to machinery
Insurance

Rates and taxes excluding taxes on income

Central excise duty

Purchase tax
Other cess taxes
Cost taxes other levies by government local authorities
Provision wealth tax

Total rates and taxes excluding taxes on income

8
9
10
11
12
13
14
15
16
17
18
19
20
21
22

Research development expenditure

Subscriptions membership fees

Electricity expenses
Telephone postage
Printing stationery
Information technology expenses
Travelling conveyance
Catering canteen expenses
Entertainment expenses
Legal professional charges
Training recruitment expenses
Vehi cle running expenses
Safety security expenses
Directors sitting fees
Managerial remuneration
Remuneration to directors
Salary to directors
Commission to directors
Other benefits to directors
Total remuneration to directors
Remuneration to managers
Salary to managers
Commission to managers
Other benefits to managers
Total remuneration to managers
Total managerial remuneration

23
24

Donations subscriptions

25
26

Seminars conference expenses

27
28
29
30
31
32
33
34
35

Custodial fees

Books periodicals
Registration filing fees
Bank charges

Guest house expenses

.. .

Advertisi ng promotional expenses

After sales service expenses
Warranty claim expenses
Commission paid sole selling agents
Commission paid other selling agents
Commission paid sole buying agents

, -'a
J

36

Transportation distribution expenses

37
38
39

Secondary packing expenses

Guarantee commission

40
41

Cost information technology

Discounting charges
Cost repairs maintenance other assets
Cost software

Cost hardware
Cost communication connectivity

Total cost information technology

42

Cost transportation

Cost freight
Cost octroi
Cost loading and unloading
Cost other transporting

Total cost transportation

45
46
47
48
49
50
51

Provision for cost of restoration

Cost warehousing

Cost water charges

Cost reimbursable expenses
Cost technical services

Cost royalty
Provision bad doubtful debts created

Provision bad doubtful loans advances created

52

Adjustments to carrying amounts of investments

53

Provision diminution value current investments created

I

Provision diminution value long-term investments created

Total adjustments to carrying amounts of investments

Net provisions charged

54
,

Provision warranty claims created

Provision statutory liabilities created
Provision restructuring created

Other provisions created

55

Total net provisions charged

Discount issue shares debentures written off
Discount issue shares written off
Discount issue debentures written off

Total discount issue shares debentures written off

56

Write-off assets liabilities

Miscellaneous expenditure written off
FinanCing charges written off
Voluntary retirement compensation written off
Technical know-how written off
Other miscellaneous expenditure written off
Total miscellaneous expenditure written off
Fixed assets written off
Inventories written off
Investments written off

Bad debts written off

Bad debts advances written off
Other assets written off
liabilities written off

Total write-off assets liabilities

57
58

59

loss on disposal of intangible asset

loss on disposal. discard, demolishment and destruction of

depreciable tangible asset

Contract cost

I,

Site labour supervision cost contracts

Material cost contract
Depreciation assets contracts
Cost transportation assets contracts
Hire charges assets contracts
Cost deSign technical assistance contracts
Warranty cost contracts
Other claims contracts

Sale material scrap other assets contracts

Overhead costs apportioned contracts

Insurance cost apportioned contract
Design technical assistance apportioned contracts
Other overheads

a~portioned

contracts

Total overhead costs apportioned contracts

Total contract cost

60
I

51
62

Cost dry wells

Operating and maintenance cost of emission and other pollution

'I

reduction eguipments

Payments to auditor
Payment for audit services
Payment for taxation matters
Payment for company law matters
Payment for management "Services
Payment for other services
Payment for reimbursement of expenses

Total payments to auditor

63

Payments to cost auditor

Payment for cost audit charges
Payment for cost compliance report

Payment for other cost services

Payment to cost auditor for reimbursement of expenses

Total payments to cost auditor

64

Miscellaneous expenses

Tgtal " ther .ex pem~.

7
la)

3.000
3.000

4.000
4.000

3.000
3.000

3.770

3.770

6.000
6.000

3.560
3.560

Disclosure of other income

Interest income
Interest income on current investments

Interest on fixed deposits, current investments

Interest from customers on amounts overdue, current
investments
Interest on current Intercorporate deposits
Interest on current debt securities
Interest on current government securities
Interest on other current investments
Total interest income on current investments
Interest income on long-term investments
Interest on fixed deposits, long-term investments

Interest from customers on amounts overdue, long-term

investments
Interest on long-term intercorporate deposits
Interest on long-term debt securities
Interest on long-term government securities
Interest on other long-term investments

Total interest Income on long-term Investments

Total interest income
Ib)

Dividend income
Dividend income current Investments

..

Dividend income current investments from subsidiaries

Dividend income current equity securities
Dividend income current mutual funds
Dividend income current investments from others
Total dividend income current investments
Dividend income long-term investments
Dividend income long-term investments from subsidiaries
Dividend income long-term equity securities
Dividend income long-term mutual funds
Dividend income long-term investments from others

Total dividend Income long-term Investments

Total dividend income

AI
.

~'\ '

..

(e)

Net gain/loss on sale of investments

Netgain/loss on sale of current investments
Net gain/loss on sale of long-term investments

Total net gain/loss on sale of investments

(d)

Rental income on investment property

Rental income on investment property, current
Rental income on investment property, long-term

Total rental income on investment property

(e)

Other non-operating income

Net gain/loss on foreign currency fluctuations treated as other
income

Surplus on disposal, discard, demolishment and destruction of

depreciable tangible asset
Gain on disposal of [ntangible asset
Amount credited to profit and loss as transfer from revaluation
reserve on account of additional depreciation charged on
revalued tangible assets
Excess provision diminution in value investment written back
Excess provisions bad doubtful debts advances written back
Income government grants subsidies
Income export incentives
Income import entitlements
Income insurance claims
Income from subsidiaries

Interest and income tax refund

Income on brokerage commission
Income on sales tax benefit
Excess provisions written back
Other allowances deduction other income
Miscellaneous other non-operating income
Total other non-operating income

0.000
0.000

0.000
0.000

0.000
0.000

0.000
0.000

0.000
0.000

0.000
0.000

0.000

0.000

0.000

0.000

0.000

0.000

Income from pipeline transportation

Total oth er income

Disclosure of finance cost

Interest expense

Interest expense longterm loans

Interest expense long-term loans, ba nks
Interest expense long-term loans, others

Total interest expense long-term loans

Interest expense short-term loans

Interest expense short-term loans, banks
Interest expense short-term loans, others
Total interest expense short-term loans
Interest expense deposits
Interest expense debt securities
Interest expense other borrowings
Interest expense borrowings
Interest lease financing
Other interest charges
Total interest expense

0.000
0.000

0.000
0.000

0.000
0.000

0.000
0.000

0.000
0.000

0.000
0.000

0.000

0.000

0.000

0.000

0.000

0.000

Other borrowing costs

Net gain/loss on foreign currency transactions and translations
treated as finance costs
-

-- --

IQ~JJinao~e

cQgs

9
Ii)
Iii)
liii)
Ilv)

I
I

Exceptional items
Exceptional items

0.000

0.000

0.000

0 .000

0 000 I

0.00 0

0.000

0.000

0.000

0 .000

0.000

0.000

0.000

0.000

0.000

0 .000

0 .860

2.850

0.000
0.000
0.000

0.000
0.000
0.000

0.000
0.000
0.000

0.000
0.000
0.000

0.860
0.000
0.860

2.850
0.000
2.850

0.000

0.000

0.000

0.000

0.00 0

0.000

0.000

0.000

0.000

0 .000

0.000

0.000

Iv)
Tot al exceptiona l it ems

10

Tax expenses
Current tax

Current tax pe rtaining to previous years

Current ta x perta ining to current year
MAT credit recognised during year
Total current tax

Deffered Tax
Total tax eXQenses

11
Ii)

EKtraordinary items
Extraord in ary it ems

Iii)
li ii )
liv)
Iv)
Tot al ~:W:l r a Of dj n a r v item s.

Disclosure of notes on income and expense explanatory

i

JIGNESH DO MADIYA & CO

Chartered Aecollntants
204, Rajkamal - A, Opp Sakar - III ,
Nr ( U Shah (ollege, Income Tax ,
919925033716

Ahmedabad - 380014

Annexure V to Clause 41

To,
Review Report to
Creative Merchants Limite d

We have reviewe d Lh c: a ccom p t n _jng Slalemen t of unaudited financial resulls cf

Cr eative iVlerchants Limit -~ d ro r the period e n ded 31.12.2015. This statement is !h '
r e spon sibi lity of the Comp a n y's Ma n agernent an d has been approved by the Board u[
Di rectors. OLl!' rcspons ibi liL" is LO issu e a report on these fin 8 ncial s t a l ments b <.< s d
on nur rCVlC\v.
We conducted ou r r e view in accord a.n ce \-vil h the S tandard on l~ e\'i e \\' Sngag 'men t
(SRE) 2400 , EngClge m e nts to Rc u/c u-, Finoll ciui StC11 e m. " nl~ issued b~' the Institute of
Chartered Accou n ta n t s of In dia. Th is s L nd ar r 'quire s lh a l we plan and perform the
rc\,i c\\' to obta i n mocle r c.te Ll SSU ran c(' LS TO whe lher the fi n cu1cic' s talclnen ts a rc frec of
materi cLl mi s stale m e nt. A IT\'lC\\, is limi ted primarily to inqui rie s o f comp any personnel
a nd analy t ic ::-! l procedure s a pplied t o rlrl~Ulcia.i da la and t hus provides less assurance
th em ,-U1 aud it . 'vVe ha \'('~ nt)L pe rro
ct a n a u dit and a cco rd ingly . we do not expr ess an
a udit o pin ion.
Bas ed un o u r r 'vicw c on d u ,_~ t e d itS above, nothing bas c om e to our attention th at
u s to lx ..1i e \e that th e u c c o mp'~ nying statem e n t of un a u dited fin ancial resul ts
pre p a red in a ccord a nce w i th a pplicabk clcco1..111ting standards and other recognized
<,ccounting pracl.in:s <md p o licie ,- h a s not disclosed th e information r equired La be
disclosed in terms of Regu la tion 33 of the SEBl (Listing Obligations a nd Disclosure
Req uiremen t s) Regulations. 2015 including the mann e r in which it is to be di sclosed,
o r lh a t. il cont a in s any mater ta l mis sUl Le m ent.

C8 LlS,:S

For Jignesh Domadiya & Co.

Chartered Accountants

"

Jignesh Domacliya
Proprietor
Mcmbcrship No: 136708
FRN:131400W

Place: Ahmedabad
Date: 10/02/2016