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General information about company

Scrip code

526251

Name of company

MID EAST PORTFOLIO

MANAGEMENT LTD

Result Type

Main Format

Class of security

Equity

Date of start of financial year

01-01-2016

Date of end of financial year

31-03-2016

Date of board meeting when results were approved

30-05-2016

Date on which prior intimation of the meeting for considering financial results was
informed to the exchange

23-04-2016

Description of presentation currency

INR

Level of rounding used in financial results

Lakhs

Reporting Quarter

Yearly

Nature of report standalone or consolidated

Standalone

Whether results are audited or unaudited

Audited

Segment Reporting

Single segment

Description of single segment

FINANCIAL INVESTMENTS

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Quarterly & Half Yearly Financial Result by Companies Other than Banks

Particulars

3 months
ended
(dd-mm-yyyy)

Previous 3
months ended
(dd-mm-yyyy)

Corresponding 3
months ended in
the previous year
(dd-mm-yyyy)

Year to date
figures for
current period
ended
(dd-mm-yyyy)

Year to date
figures for
previous period
ended
(dd-mm-yyyy)

Previous
accounting year
ended
(dd-mm-yyyy)

Date of start of
reporting period

Date of end of
reporting period

Whether results
are audited or
unaudited

Audited

Unaudited

Audited

Audited

Audited

Audited

Nature of report
standalone or
consolidated

Standalone

Standalone

Standalone

Standalone

Standalone

Standalone

Part I
1

Revenue From Operations

Net sales or
Revenue from
Operations

6.52

6.59

26.45

26.91

32.4

32.4

Other operating
revenues

Total Revenue
from operations
(net)
2

6.52

6.59

26.45

26.91

32.4

32.4

Expenses

(a)

Cost of materials
consumed

(b)

Purchases of
stock-in-trade

Changes in
inventories of
(c)
finished goods,
work-in-progress
and stock-in-trade

(d)

Employee benefit
expense

0.891

0.753

3.91

1.842

6.79

6.79

(e)

Depreciation and
amortisation
expense

0.13

0.13

0.51

0.51

(f) Other Expenses

Demat AMC,
Demat Service
charges &
E-Voting Charges

Office Rent
charges

Legal &
Professional Fees

Audit Fees &

Payment to
Auditors

Printing &
Stationary

0.23

0.14

0.19

0.67

0.556

0.556

1.409

1.71

1.68

6.83

6.45

6.45

0.5

0.36

0.72

0.461

0.461

0.399

0.168

0.684

0.168

0.168

0.01

0.07

0.01

0.01

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Advertisement
Charges

0.068

0.089

0.078

0.325

0.247

0.247

Bank charges

0.001

0.001

0.001

0.001

Service Tax

0.004

0.007

0.01

0.01

0.01

0.01

Computer
software exp

0.001

0.001

0.17

0.283

0.283

10 Other Expenses

0.1

0.75

2.561

1.3

1.3

Total other
expenses

2.621

2.047

3.237

12.041

9.486

9.486

Total expenses

3.512

2.93

7.277

13.883

16.786

16.786

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Quarterly & Half Yearly Financial Result by Companies Other than Banks

Particulars

3 months
ended
(dd-mm-yyyy)

Previous 3
months ended
(dd-mm-yyyy)

Corresponding 3
months ended in
the previous year
(dd-mm-yyyy)

Year to date
figures for
current period
ended
(dd-mm-yyyy)

Year to date
figures for
previous period
ended
(dd-mm-yyyy)

Previous
accounting year
ended
(dd-mm-yyyy)

Date of start of
reporting period

Date of end of
reporting period

Whether results
are audited or
unaudited

Audited

Unaudited

Audited

Audited

Audited

Audited

Nature of report
standalone or
consolidated

Standalone

Standalone

Standalone

Standalone

Standalone

Standalone

Part I

Profit (loss) from

operations
before other
income, finance
costs and
exceptional items

Other income

Profit (loss) from

ordinary
activates before
finance costs and
exceptional items

Finance costs

Profit (loss) from

ordinary
activities after
finance costs but
before
exceptional items

3.008

3.66

19.173

13.027

15.614

15.614

3.008

3.66

19.173

13.027

15.614

15.614

1.854

1.734

6.673

6.673

3.008

3.66

17.319

11.293

8.941

8.941

Prior period items

before tax

Exceptional items

10

Profit (loss) from

ordinary
activities before
tax

3.008

3.66

17.319

11.293

8.941

8.941

3.008

3.66

17.319

11.293

8.941

8.941

3.008

3.66

17.319

11.293

8.941

8.941

11 Tax Expense

12

13

14

15

Net profit (loss)

from ordinary
activities after
tax
Extraordinary
items
Net Profit Loss
for the period
from continuing
operations
Profit (loss) from
discontinuing
operations before
tax

Tax expense of
16 discontinuing

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operations

17

Net profit (loss)

from
discontinuing
operation after
tax

18

Profit (loss) for

period before
minority interest

3.008

3.66

17.319

11.293

8.941

8.941

21

Net Profit (loss)

after taxes
minority interest
and share of
profit (loss) of
associates

3.008

3.66

17.319

11.293

8.941

8.941

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Quarterly & Half Yearly Financial Result by Companies Other than Banks

Particulars

3 months
ended
(dd-mm-yyyy)

Previous 3
months ended
(dd-mm-yyyy)

Corresponding 3
months ended in
the previous year
(dd-mm-yyyy)

Year to date
figures for
current period
ended
(dd-mm-yyyy)

Year to date
figures for
previous period
ended
(dd-mm-yyyy)

Previous
accounting year
ended
(dd-mm-yyyy)

Date of start of
reporting
period

Date of end of
reporting
period

Whether results
are audited or
unaudited

Audited

Unaudited

Audited

Audited

Audited

Audited

Nature of report
standalone or
consolidated

Standalone

Standalone

Standalone

Standalone

Standalone

Standalone

Part I
22 Details of equity share capital
Paid-up equity
share capital

295.73

295.73

295.73

295.73

295.73

295.73

10

10

10

10

10

10

Basic earnings
per share
before
extraordinary
items

0.09

0.12

0.58

0.36

0.3

Diluted
earnings per
share before
extraordinary
items

0.09

0.12

0.58

0.36

0.3

Face value of
equity share
capital
23 Details of debt securities

24

Reserves
excluding
revaluation
reserve

26 Earnings per share

Earnings per
share before
extraordinary
items

ii Earnings per share after extraordinary items

Basic earnings
per share after
extraordinary
items

0.09

0.12

0.58

0.36

0.3

Diluted
earnings per
share after
extraordinary
items

0.09

0.12

0.58

0.36

0.3

Disclosure of
notes on
30
financial
results

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Sub classification of income and expenses

Particulars

3 months
ended
(dd-mm-yyyy)

Previous 3
months ended
(dd-mm-yyyy)

Corresponding 3
months ended in
the previous year
(dd-mm-yyyy)

Year to date
figures for
current period
ended
(dd-mm-yyyy)

Year to date
figures for
previous period
ended
(dd-mm-yyyy)

Previous
accounting year
ended
(dd-mm-yyyy)

Date of start of
reporting period

Date of end of
reporting period

Whether results
are audited or
unaudited

Audited

Unaudited

Audited

Audited

Audited

Audited

Nature of report
standalone or
consolidated

Standalone

Standalone

Standalone

Standalone

Standalone

Standalone

Subclassification of income and expenses

1 Disclosure of revenue from operations
Revenue from
sale of products
Revenue from
sale of services

6.52

6.59

26.45

26.91

32.4

32.4

6.52

6.59

26.45

26.91

32.4

32.4

Revenue from
interest (NBFC)
Revenue from
other financial
services (NBFC)
Less: Excise duty
Less: Service tax
collected
Less: Other duties
taxes collected
Net sales or
Revenue from
Operations

2 Disclosure of other operating revenues

Other operating
revenues
Net gain/loss on
foreign currency
fluctuations
treated as other
operating revenue
Miscellaneous
other operating
revenues
Total other
operating
revenues

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Sub classification of income and expenses

Particulars

3 months
ended
(dd-mm-yyyy)

Previous 3
months ended
(dd-mm-yyyy)

Corresponding 3
months ended in
the previous year
(dd-mm-yyyy)

Year to date
figures for
current period
ended
(dd-mm-yyyy)

Year to date
figures for
previous period
ended
(dd-mm-yyyy)

Previous
accounting year
ended
(dd-mm-yyyy)

Date of start of
reporting period

Date of end of
reporting period

Whether results
are audited or
unaudited

Audited

Unaudited

Audited

Audited

Audited

Audited

Nature of report
standalone or
consolidated

Standalone

Standalone

Standalone

Standalone

Standalone

Standalone

Subclassification of income and expenses

4 Employee benefit expense [Abstract]
Salaries and
wages

0.75

0.75

0.013

3.275

2.892

2.892

0.004

0.003

0.003

0.012

0.004

0.004

0.004

0.003

0.003

0.012

0.004

0.004

-0.003

0.067

-0.721

0.067

0.067

0.14

3.827

-0.724

3.827

3.827

Contribution to provident and other funds

Contribution to
provident and
other funds for
contract labour
Contribution to
provident and
other funds for
others
Total
contribution to
provident and
other funds
Expense on
employee stock
option scheme
and employee
stock purchase
plan
Commission
employees
Employee
medical insurance
expenses
Leave
encashment
expenses
Gratuity
Pension schemes
Voluntary
retirement
compensation
Other retirement
benefits
Staff welfare
expense
Other employee
related expenses

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Total employee
benefit expense

0.891

0.753

3.91

1.842

6.79

6.79

0.13

0.13

0.51

0.51

0.13

0.13

0.51

0.51

5 Depreciation and amortisation expense

Depreciation
expense
Amortisation
expense
Total
depreciation and
amortisation
expense

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Sub classification of income and expenses

Particulars

Date of start of
reporting period

Date of end of
reporting period

Whether results are

audited or
unaudited

Nature of report
standalone or
consolidated

3 months
ended
(dd-mm-yyyy)

Previous 3
months ended
(dd-mm-yyyy)

Corresponding 3
months ended in
the previous year
(dd-mm-yyyy)

Year to date
figures for
current period
ended
(dd-mm-yyyy)

Year to date
figures for
previous period
ended
(dd-mm-yyyy)

Previous
accounting year
ended
(dd-mm-yyyy)

Audited

Unaudited

Audited

Audited

Audited

Audited

Standalone

Standalone

Standalone

Standalone

Standalone

Standalone

Subclassification of income and expenses

6

Breakup of other expenses [Abstract]

Consumption of
stores and spare
parts

Power and fuel

Rent

Repairs to building

Repairs to
machinery

Insurance

Rates and taxes excluding taxes on income

1.409

1.71

1.68

6.83

6.45

6.45

0.07

0.017

0.017

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

Research
development
expenditure

Subscriptions
membership fees

10 Electricity expenses
11 Telephone postage
12 Printing stationery

0.01

Information
13 technology
expenses
14

Travelling
conveyance

15

Catering canteen
expenses

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16

Entertainment
expenses

17

Legal professional
charges

0.5

0.357

0.72

0.461

0.461

27 Custodial fees

0.23

0.136

0.187

0.67

0.499

0.499

28 Bank charges

0.001

0.001

0.001

0.001

0.068

0.089

0.078

0.325

0.247

0.247

Training
18 recruitment
expenses
19

Vehicle running
expenses

20

Safety security
expenses

21

Directors sitting
fees

22 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

Donations
subscriptions

24 Books periodicals
Seminars
25 conference
expenses
26

29

Registration filing
fees

Guest house
expenses

Advertising
30 promotional
expenses
31

After sales service

expenses

32

Warranty claim
expenses

33

Commission paid
sole selling agents

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34

Commission paid
other selling agents

35

Commission paid
sole buying agents

Transportation
36 distribution
expenses
37

Secondary packing
expenses

38

Discounting
charges

39

Guarantee
commission

Cost repairs
40 maintenance other
assets
41 Cost information technology
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
43 Cost lease rentals
44

Cost effluent
disposal

45

Provision for cost

of restoration

46 Cost warehousing
47 Cost water charges
48

Cost reimbursable
expenses

49

Cost technical
services

50 Cost royalty
Provision bad
51 doubtful debts
created
Provision bad
52 doubtful loans
advances created
53 Adjustments to carrying amounts of investments
Provision
diminution value
current

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investments created
Provision
diminution value
long-term
investments
created
Total adjustments
to carrying
amounts of
investments
54 Net provisions charged
Provision warranty
claims created
Provision statutory
liabilities created
Provision
restructuring
created
Other provisions
created
Total net
provisions
charged
55 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

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Bad debts
advances written
off
Other assets
written off
Liabilities written
off
Total write-off
assets liabilities
57

Loss on disposal of
intangible asset

Loss on disposal,
discard,
demolishment and
58
destruction of
depreciable
tangible asset
59 Contract cost
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
apportioned
contracts
Total overhead
costs apportioned
contracts
Total contract
cost
60 Cost dry wells
Operating and
maintenance cost
61 of emission and
other pollution

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reduction
equipments
62

Payments to
auditor
Payment for audit
services
Payment for
taxation matters
Payment for
company law
matters
Payment for
management
services

0.171

0.168

0.171

0.168

0.168

Payment for other

services

0.228

0.513

0.399

0.168

0.684

0.168

0.168

0.004

0.112

0.767

2.741

1.643

1.643

2.621

2.047

3.237

12.041

9.486

9.486

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
Total other
expenses

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Sub classification of income and expenses

Particulars

3 months
ended
(dd-mm-yyyy)

Previous 3
months ended
(dd-mm-yyyy)

Corresponding 3
months ended in
the previous year
(dd-mm-yyyy)

Year to date
figures for
current period
ended
(dd-mm-yyyy)

Year to date
figures for
previous period
ended
(dd-mm-yyyy)

Previous
accounting year
ended
(dd-mm-yyyy)

Date of start of
reporting period

Date of end of
reporting period

Whether results
are audited or
unaudited

Audited

Unaudited

Audited

Audited

Audited

Audited

Nature of report
standalone or
consolidated

Standalone

Standalone

Standalone

Standalone

Standalone

Standalone

Subclassification of income and expenses

8 Disclosure of finance cost
Interest expense
Interest expense long-term loans
Interest expense
long-term loans,
banks

1.854

1.734

6.673

6.673

1.854

1.734

6.673

6.673

1.854

1.734

6.673

6.673

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

Other borrowing
costs

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

1.854

1.734

6.673

6.673

Disclosure of
notes on income
and expense
explanatory

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Statement of Asset and Liabilities

Particulars

Half year ended

(dd-mm-yyyy)

Year ended
(dd-mm-yyyy)

Audited

Audited

Standalone

Standalone

Date of start of reporting period

Date of end of reporting period
Whether results are audited or unaudited
Nature of report standalone or consolidated
Equity and liabilities
1

Shareholders' funds
Share capital

495.73

495.73

-215.75

-209.11

279.98

286.62

2.93

6.927

2.93

6.927

Trade payables

1.11

1.514

Other current liabilities

4.51

0.849

Reserves and surplus

Money received against share warrants
Total shareholders' funds
2

Share application money pending allotment

Deferred government grants

Non-current liabilities
Long-term borrowings
Deferred tax liabilities (net)
Foreign currency monetary item translation difference liability
account
Other long-term liabilities
Long-term provisions
Total non-current liabilities

Current liabilities
Short-term borrowings

Short-term provisions

0.11

0.121

Total current liabilities

5.73

2.484

Total equity and liabilities

288.64

296.031

0.89

1.146

0.89

1.146

Assets
1

Non-current assets

(i) Fixed assets

Tangible assets
Producing properties
Intangible assets
Preproducing properties
Tangible assets capital work-in-progress
Intangible assets under development or work-in-progress
Total fixed assets

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Statement of Asset and Liabilities

Particulars

Half year ended

(dd-mm-yyyy)

Year ended
(dd-mm-yyyy)

Audited

Audited

Standalone

Standalone

Date of start of reporting period

Date of end of reporting period
Whether results are audited or unaudited
Nature of report standalone or consolidated
(ii)

Non-current investments

0.98

0.981

(v)

Deferred tax assets (net)

(vi)

Foreign currency monetary item translation difference asset

account

(vii)

Long-term loans and advances

161.51

160.361

163.38

162.488

Current investments

Inventories

Trade receivables

2.79

1.952

122.47

131.591

Total current assets

125.26

133.543

Total assets

288.64

296.031

(viii) Other non-current assets

Total non-current assets
Current assets

Cash and bank balances

Short-term loans and advances
Other current assets

Disclosure of notes on assets and liabilities

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