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Bhansali Engineering Polymers Ltd. Annual Report 2021
62572_rns_2021-04-19_d95e05c8-2a23-4057-a1d0-1b427d0e95cd.pdf
Annual Report
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bHANsAli ENGiNEERiNG polyMERS liMiTEd
CIN : L271 OOMH1984PLC032637
Registered Office : 401 , 4th Floor, Peninsula Heights, C. D. Barfiwala Road, Andheri (West), Mumbai - 400 058. Tel. : {91-22) 2621 6060/61/62/63/64 • Fax : (91 -22) 2621 6077 • E-mail : abstron@ bhansaliabs.com • Website : www.bhansaliabs.com
BEPL/SEC/2021/45
19tll. April, 2021
| To | To |
|---|---|
| The BSE Limited | The National Stock Exchange of India Ltd. |
| Corporate Relationship Department | Exchange Plaza, C-1, Block G, |
| Phiroze Jeejeebhoy Towers, | Bandra-Kurla Complex, |
| Dalal Street, | Sandra (E), |
| 400 00 1Mumbai - | Mumbai-400 051. |
| Security Code: 500052 | Security Code: BEPL |
Sub: Cash Flow statement for the year ended 31.t March, 2021.
Dear Sir/Madam,
This is further to our letter bearing ref. no. BEPL/SEC/2021/43 dated 18th April, 2021 informing about the outcome of the Board Meeting and forwarding therewith copy of Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended 31st March, 2021 together with statement of Assets and Liabilities and copy of Audit Report for the same.
Further, enclosed is the Standalone and Consolidated statement of Cash Flow for the year ended 31st March, 2021.
You are requested to kindly take the same on record.
Thanking you,
Yours faithfully, F~uglneeriDg Polymen Limited
Ashwin M. Patel Company Secretary & GM (Legal)
End: as above
An ISO 9001 : 2015 Company
bHANsAli ENGiNEERiNG polyMERs liMiTEd
CIN : L271 OOMH1984PLC032637
Registered Office : 401, 4th Floor, Peninsula Heights, C. D. Barfiwala Road, Andheri (West), Mumbai - 400 058. Tel. : (91-22) 2621 6060161 162163164 • Fax : (91-22) 2621 6077 • E-mail : abstron @ bhansaliabs.com • Website : www.bhansaliabs.com
| BHANSAll ENGINEERING POLYMERS liMITEDStandalone Statement of Cash Flow for the year ended 31st March, 2021 | ||
|---|---|---|
| Particulars | ('in lakhs)Year ended | ('in lakhs)Year ended |
| 31st March 2021 | 31st March 2020 | |
| Cash flows from operating activities | ||
| Profit before tax as per statement of profit and loss | 44,597.65 | 8,261.14 |
| Adjustments to reconcile profit before tax to net cash flows | ||
| Depreciation of property, plant and equipment | 1,015.93 | 946.74 |
| Amortisation of Intangible Assets | 2.73 | 5.04 |
| Profiti(Loss) on Disposal/Write Off of Fixed Assets (Net) | 7.47 | (0.21) |
| Net (gain)lloss on sale of investments | - | (111.84) |
| Interest income | (565.99) | (437.14) |
| Finance costs | 63.01 | 11.23 |
| Unrealised exchange (gain) I losses | 47.53 | 224.70 |
| Operating profit before working capital changes | 45,168.33 | 8,899.66 |
| Movement in Working Capital: | ||
| Decrease I (increase) in Inventories | 9,548.86 | (10,822.87) |
| Decrease I (increase) in Trade and other receivables | (13,699.86) | 7,006.18 |
| Decrease I (increase) in bank balance other than cash and cash equivalents | (1,601.99) | (414.63) |
| Decrease I (increase) in other non-current finacial assets | (18.18) | (186.70) |
| Decrease I (increase) in other current finacial assets | 99.19 | 551.54 |
| Decrease I (increase) in Other current assets | 682.87 | (1,076.67) |
| Decrease I (increase) in Other non current assets | 25.03 | (25.03) |
| Increase I (Decrease) in Trade payable | (23,660.28) | 7,560.09 |
| Increase I (Decrease) in Provision | (79.56) | (1.90) |
| Increase I (Decrease) in other current financial liabilities | 231.32 | (184.01) |
| Increase I (Decrease) in other non current financial liabilities | 6.69 | 43.62 |
| Increase I (Decrease) in Other current liabilities | 3,226.83 | (419.67 |
| Cash generated froml(used in) operations | 19,929.25 | 10,929.61 |
| Direct taxes paid, net of refunds | _{11,177.52) | (2,117.38 |
| Net cash flow froml(used in) operating activities (A) | 8,751.73 | 8,812.23 |
| Cash flows from investing activities | ||
| Purchase of Property, plant and equipment including CWIP | 5.12 | (1,650.36) |
| Proceeds from sale of Property, plant and equipment | 7.78 | 2.45 |
| Net (gain)lloss on sale of investments | - | 111.84 |
| Loans Given | (5,329.41) | (4,210.76) |
| Loans Repaid | 4,272.33 | 1,023.25 |
| Interest income | 565.99 | 437.14 |
| Net cash from/(used in) investing activities (B) | (478.1'& | _l4,286.44 |
| Cash flows from financing activities | ||
| Finance costs | (63.01) | (11.23) |
| Dividend on equity shares (including dividend distribution tax) | (829.53) | (1,000.04 |
| Net cash from/(used in) financing activities (C) | (892.54) | _(1,011.27 |
| Net increase I (decrease) in cash and cash equivalents (A+B+C) | ||
| Cash and Cash equivalents at the beginning of period | 7,381.00 | 3,514.52 |
| Cash and Cash equivalents at the end of the period | 5,567.63 | 2,053.11 |
| Notes: | 12,948.63 | 5,567.63 |
-
The above Cash Flow Statement has been prepared under the 'Indirect method' as set out in the lnd AS-7 on Statement of Cash Flow as notified under Companies (Accounts) Rules, 2015.
-
Cash flow from operatmg act1v1t1es mcludes · 205 77 lakhs (31st March,2019 191.52 lakhs) bemg the expend1ture towards Corporate Soc1al / _ Respons1b1hty POL "''"" ,,.,., ''"' "'"' ""'" '"""' '"' "'""' """'"''""='". ' " iO.,<i'%_
, w Satnoor Plant : Bhansali Nagar, Taluka - Sausar, Dist. Chhindwara, Madhya Pradesh - 480 108. . .?b--StvvH\3 * Tel. . (07165) 226376-79 • Fax . (07165) 226380 I 81 • E-ma1l . [email protected] Abu Road Plant : Plot No. SP-138-143, Ambaji Industrial Area, Abu Road, Oist. Sirohi (Rajasthan)- 307 026 Tel. : (02974) 226781 182/83184 • Fax: (02974) 226737 • E-mail : [email protected]
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bHANsAli ENGiNEERiNG polyMERs liM iT Ed
CIN : L271 OOMH1984PLC032637
Registered Office : 401 , 4th Floor, Peninsula Heights, C. D. Barfiwala Road, Andheri (West), Mumbai - 400 058. Tel. : (91 -22) 2621 6060161 162163164 • Fax : (91 -22) 2621 6077 • E-mail : abstron@ bhansaliabs.com • Website : www.bhansaliabs.com
| Particulars | ('in lakhs)Year ended31st March 2021 | ('in lakhs)Year ended31st March 2020 |
|---|---|---|
| Cash flows from operating activities | ||
| Profit before tax as per statement of profit and loss | 44,597.65 | 8,261.14 |
| Adjustments to reconcile profit before tax to net cash flows | ||
| Depreciation of property, plant and equipment | ||
| Amortisation of Intangible Assets | 1,015.93 | 946.74 |
| Profiti(Loss) on Disposal/Write Off of Fixed Assets (Net) | 2.737.47 | 5.04(0.21) |
| Net (gain)lloss on sale of investments | - | (111.84) |
| Interest income | (565.99) | (437.14) |
| Finance costs | 63.01 | |
| Unrealised exchange (gain) I losses | 11.23 | |
| Operating profit before working capital changes | 47.53 | 224.70 |
| Movement in Working Capital: | 45,168.33 | 8,899.66 |
| Decrease I (increase) in Inventories | ||
| Decrease I (increase) in Trade and other receivables | 9,548.86 | (10,822.87) |
| (13,699.86) | 7,006.18 | |
| Decrease I (increase) in bank balance other than cash and cash equivalentsDecrease I (increase) in other non-current financial assets | (1,601.99) | (414.63) |
| (18.18) | (186.70) | |
| Decrease I (increase) in other current financial assets | 99 .19 | 551.54 |
| Decrease I (increase) in Other current assets | 682.87 | (1,076.67) |
| Decrease I (increase) in Other non current assets | 25.03 | (25.03) |
| Increase I (Decrease) in Trade payable | (23,660.28) | 7,560.09 |
| Increase I (Decrease) in Provision | (79.56) | (1.90) |
| Increase I (Decrease) in other current financial liabilities | 231.32 | (184.01) |
| Increase I (Decrease) in other non current financial liabilities | 6.69 | 43.62 |
| Increase I (Decrease) in Other current liabilities | 3,226.83 | (419.67 |
| Cash generated froml(used in) operations | 19,929.25 | 10,929.61 |
| Direct taxes paid, net of refunds | _111,177.521 | (2,117.38 |
| Net cash flow froml(used in) operating activities (A) | 8,751.73 | 8,812.23 |
| Cash flows from investing activities | ||
| Purchase of Property, plant and equipment including CWIP | 5.12 | (1,650.36) |
| Proceeds from sale of Property, plant and equipment | 7.78 | 2.45 |
| Net (gain)lloss on sale of investments | 111.84 | |
| Loans given | (5,329.41) | (4,210.76) |
| Loans repaid | 4,272.33 | 1,023.25 |
| Interest income | 565.99 | 437.14 |
| Net cash froml(used in) investing activities (B) | (478.19) | (4,286.44 |
| Cash flows from financing activities | ||
| Finance costs | ||
| Dividend on equity shares (including dividend distribution tax) | (63.01) | (11.23) |
| Net cash froml(used in) financing activities (C) | (829.53)_ | (1,000.04 |
| (892.54) | (1,011.271 | |
| Net increase I (decrease) in cash and cash equivalents (A+B+C) | ||
| 7,381.00 | 3,514.52 | |
| Cash and Cash equivalents at the beginning of periodCash and Cash equivalents at the end of the period | 5,567.63 | 2,053.11 |
| 12,948.63 | 5,567.63 | |
| Notes: | r;, | |
| 1. The above Cash Flow Statement has been prepared under the 'Indirect method' as set out in the lnd AS-7 on Statement of Cash Flow as notified | ||
| under Companies (Accounts) Rules, 2015. | ||
| 2. Cash flow from operating activities includes ·.205.77 lakhs (31st March,2019 '.191.52 lakhs) being the expenditure towards Corporate 5ocial | ||
| Responsibility. |
Responsibility. ~ Y,f.j~ 3.Previous year's figures have been regrouped and rearranged wherever necessary. . .J'., /. ~ ~ :.s>\1\
_,- ~i v -' ~J' ~ --t \» b' :l:r*
Satnoor Plant
Abu Road Plant
: Bhansali Nagar, Taluka - Sausar, Dist. Chhindwara, Madhya Pradesh - 480 108. Tel. : (07165) 226376-79 • Fax: (07165) 226380 I 81 • E-ma1l: [email protected] : Plot No. SP-138-143, Ambaji Industrial Area, Abu Road, Dist. Sirohi (Rajasthan)- 307 026 Tel. : (02974) 226781182/83184 • Fax : (02974) 226737 • E-mail : [email protected]