KG Petrochem Limited

rKi

Corporate Office : F-394 (G), Road No.9F2, V.K.l.Area, JAIPUR - 13 INDIA

Phone : (O) 0141 - 2331231, 4106800 . Fax : 91-141-2332845
E-mail : jproffice@bhavik.biz i Website : www.kgpetro.in

KANDOI GROUP

CIN : 12411 7RJ1 980PLC001 999

KGPV76-77

Dated:27.05.2016

/010

The Bombayrtock Exchange Ltd.

Corporate Relationship Department
25, P J Towers,
Dalal Street,Fort

Mumbai-400001
Sub: Outcome of 1st Board Meeting held on 27th May 2016
Scrip Code: 531609
Dear Slr

With reference to above captioned subject, pursuant to the provisions of Regulation 30(2)
and Regulation 33 of the Securlties and Exchange Board of lndia (Listing obligation and
Disclosure Requirement) Regulation, 2015 we informed you that the Board of Diiectors of
the company at its meeting held today i.e. on 27th May 2076 at4 P.M. and concluded at 5.50
P.M. has considered and approve the following businesses:

i.
ii.

Approval ofAuditedStandalone Financial Resultofthecompanyforthe Fourth

Quarter and Year ended March 31, 2016 along with statement of assets and
liabilities.
Auditors Report on audited financial result issued by Statutory Auditors, M/S R
Sogani & Associates

iii.
iv.

Form A (for audit report on unmodified option).

Appointment of Mr. Harshit Attar as a Company Secretary and Compliance officer of
the company

Kindly take the above on your record and acknowledge the recept of the same.

Thanking You
For K G Petrochem Limited

--t,.
Y

rr

=t--.u,

t--

G.S.'Kandoi

Managing Director

Regd. Office : C-171, Road No. 9-J, VKI Area, Jaipur-302 013

-:-E

t- A, I R Sogaoi & Associates

Va\
.\,/

] cnrtt"r"a Accountants

"Shree Dham"
R-20, Yudhishter Marg, 'C'-Scheme, Jaipur - 302005
Tel: 2222734, 2220735, 2220736
E-mail: rsa@soganiprofessionals.com
Website: wwri.soganiprofessionals.com

Review Report
The Board of Directors
KG Petroch6m Limited

Jaipur
We have audited the quarterly financial results of KG Petrochem Limited for

the quarter ended 31"t March, 2016 and the linancial results for the year
ended 31st March, 2016, attached herewittr, being submitted by the
company pursuant to the requirement of Regulation 33 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015. These
quarterly linancial results as well as the year to date financial results have
been prepared on the basis of the yearly financial statements, which are the
responsibility of ttre Company's management. Our responsibility is to
express an opinion on these financial results based on our audit of such
yearly financial statements, which have been prepared in accordance with
the recognition and measurement principles laid down in Accounting
Standards for Financial Reporting prescribed, under Section 133 of the
Companies Act, 2013 read with relevant rules issued thereunder; or by the
Institute of Chartered Accountants of India, as applicable and other
accounting principles generally accepted in India.

We conducted our audit in accordance with the auditing standards

generally accepted in India. Those standards require that we plan and
perform the audit to obtain reasonable assurance about whether the
financial results are free of material misstatements. An audit includes
examining, on a test basis, evidence supporting the amounts disclosed as
frnancial results. An audit also includes assessing the accounting principles
used and signifrcant estimates made by management. We believe that our
audit provides a reasonable basis for our opinion.
.

.::

In our opinion and to the best of our information and according to

the
explanations given to us these quarterly Iinancial results as well as ttre year
to date results:
(i) are presented in accordance
requirements of Regulation 33 of

if A ' R Soganl & Associates

. \./a\f
] chartered Accountants

"Shree Dham'

R-20, Yudhishter Marg, C'-Scheme, Jaipur - 302005

Tel: 2222734, 2220735, 2220736
E-mail: rsa@soganiprofessionals.com
Website: www.soganiprofessionals.com

the SEBI (Listing Obligations and Disclosure Requirements) Regulations,

2015 in this regard; and
(ii) give a true and fair view of the net profit and other financial information
for the qudrter ended 31st March, 2O16 as well as the linancial results for
the year ended 3lst March, 20L6.

For R Soganl & Associates

Chartered Accountants
tr'RN: O18755C

Place : Jaipur

Date z 27lOdl16

(Bharat Soakhiya)
Partner
Membershlp No: 4O3O23

KG PETROCHEM LIMITED
CIN I L24117RJ198oPLC00'1999

Regd, Ofli.e: C-17l,Road No.9J, VXI Area, Jaipur302013

{All amount are in rupees in lacs exceptpersharc data)
Statement of Standalone Audired Financial Resulb for year ended 31.03.2016

Particulars

Sr.

Quarter ended

Preceeding

31.3.2016

31.12.2015
(Unaudited)

lAuditedl

Cu

Corresponding
Quarter ended

Quarterended

ent

Year

ended

ended

31.3,2015

31,3.2016

31.3.2015

IAuditedl

lAudited)

IAuditedl

NCOME FROI1I OPERATIONS

a) Net Sales/ lncome lrom operations

b) Other Operatinq lncome

Iotal rncome from opera(on (Net)

5979.36

4622.23

47)O.74

20015.88

s87.50

287.03

426.44

7476.75

1588.69

7566.86

4909.26

s146.62

27432.63

18589.93

3247.65

2735.54

2563.68

70962.91

10044.91

6s.74

0.00

65.74

985.46

(s9.62)

28.50

800.60

519.31

607.49

77007.24

EXPENSES

a) Cost of Raw materlals

b) Purchase of stock-in{rade
c) (lncrease)/Decreese in stock in trade and work in

prcgress

l)

Employee Benefit Expenses

i)

Depreciation & Amonisation Expenses

l) Other Expenditure

Protit{Loss) frcm operalions befor other lncome, rin.nc(

,osts li Exceptional ltems (1'2)

other lncome
5

PrcfiU(LGs) frcm ordinary activili.s betore

nter*t

fi

nance costs

& Exceptional ltems l3a4)

ProliU{Loss} trom ordinary activities afterfinance Cosls

out berore exceplional ilems {5-6)

Exceptional ltems
Prolil / (Loss)from ordinary aclivilies before

10
11

lar (7t

8)

ax Expenses (credit)

ret Pronv(Loss)rom ordrnary activaties afler tax

{9n0)

=rtE

ordinary items (net orlax)

\let Pronu(Loss) ior the penod

(r1rr2)
Pard up
Each)
15

tqulty share Caprtal (Face Value of Rs. 101

716.65

(76s.60

2376.47

2127.31

176.74

333.94

402.80

7378.27

7770.06

7266.72

1206.68

7424.20

4501.90

4859.56

6647.17

4595.85

so20.77

20041.88

885.15

273.47

12S.85

1390.75

636.34
953.59

47.23

118.68

728.24

369.25

490.59

926.18

332.09

254.O9

1760.00

L444.78

194.04

733.97

243.76

777.22

920.95

732.34

198.72

l2s.67)

982.78

523.23

732.34

798.72

129.67)

982.7A

523.23

\17.24

128.74)

770.29

55.90

314.53

215.10

226.a6

(1ee.e6)

926.88

204.74

0.00

0.00

0.00

0.00

0.00

215.10

226.46

-199.96

925.88

204.70

581.53

581.53

581.53

581.53

581.53

Reserve excludrng Revaluatron Reserve as per

Balance Sheet of previous year

Earnrng Per Share Of Rs.10/. each(before

77

2775.61
extre

rrdinary item((not annualised) in Rs.

r)tsasrc

4.r2

4.35

(3.83)

77.75

4.00

o) Diluted

4.72

4.35

(3.83)

77.75

4.00

4.12
4.12

4.35
4.35

(3.83)
(3.83)

77.75

4.00

77.75

4.00

Eaming Per Share

of

Rs.'10/ each (After

extra

crdinary item((not annualised) in Rs.

a) Basic
o) Diluted

| -1.-.-7---

Disclosure of Balance Sheet

STANDATONE STATEMENT OF ASSETS & A5 AT

AS AT

UAB

31.03.2015

-tTtES

31.03.2016

PARTICULRAS

A. EqUIW & LIABII.ITIES

1. Shareholders' Funds
a. Share Capital

b. Reserves & Surplus

Total Shareholders' Funds

2. Non Current Liabilities
a. Long Term Borrowings
b. Deferred Tax Liabities (Net)
c. Other Long Term Liabilities
d. Long Term Provisions
Sub total- Non Current Liabilites
3. Current Liabilities
a. Short Term Borrowings
b. Trade Payables
c. Other current liabilities
d. Short Term Provisions
Sub
TOTAI.

total

Current Liabilites

EQUIry & IIABILITIES

581.53

581.53

4088.99

2775.61

4670.s2

3297.20

6189.5S

7559.90

494.62

730.O7

0.00

0.00

6648.21

a2a9.91

3514.35

2652.97

900.03

540.05

2042.44

1998.30

150.50

6607.72

5197.26

71966.s7

7677a.43

9774.73

70094.72

B. ASSETS

1. Non Current Assets

a. Fixed Assets
b. Non Current lnvestment
Long Term Loans & Advances

d. Other Non Current Assets

Sub Total Non Current Assets

0.00

121.03

119.00

0.00

9295.16

70277.72

2. Current Assets
a. Current lnvestments

0.00

b. lnventories

237A.97

2A47.20

c. Trade Receivables

5109.70

2083.78

d. Cash and Cash equivalents

71.62

37.81

e. Short Term Loans & Advances

77.09

98.50

1160.03

7493.26

f. Other Current Assets

Sub Total Current Assets
TOTAL ASSETS

8671.35

6560.77

17966.51

76718.43

Theaboveresultswerereviewedbytheauditcommittee
on 27th l\4ay , 2016 and also reviewed by the statutory auditors ofihe company.
3 -ax expense/( credit) includes deterred tax and currentlniomelil
2

SincethereisonlyonereportingsegmentasperAS-17issuedbylcAl,th@
AS-17)'Segment Reporting' are not appicable.

lhePreviousperiodfigUreshavebeenre-grouped/re-stated,wherevercon@
last quarter are the balancing figures between audited figures in respect ofthe fullfinancialyear and the published yearto
uplo the third quarler of the respective financiat year.

Place:Jaipur
Date : 27.05.2016

iate figures

I(j

KG Petrochem Limited
Corporate Office : F-394 (G), Road No. 9F2, VK.l.Area, JAIPUR - 13 INDIA

E-mail : jproffice@bhavik.biz .

KANDOI GROUP

Website . www.kgpetro.in

CIN : 1241'l 7RJ1 980P1C001999

FORM A
(For audit report with unmodified opinion)

Name of the

Petrochem Limited
31st March 2016
Unmodified Opinion
KG

Annual financial statements for the vear ended

CEO/ManaginB Director

- lli,l")u/i
Mr. G. S. Ka ndoi

bv"{

Mr. Shiv Ratan Sharma

For R Sogani &Associates
Chartered Accounta nts

itors of the Company

Mr.

tya

Audit Committee Chairman

I
Mr. Kamlesh Sharma
Din No. 00037588

Regd. Office : C-171, Road No. 9-J, VKI Area, Jaipur-302 013

i":r