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Blue Star Ltd Interim / Quarterly Report 2020
61425_rns_2020-10-28_b9a6df37-1689-44fd-b099-1583d3f801d4.pdf
Interim / Quarterly Report
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October 28, 2020
| BSE Limited | National Stock Exchange of India Limited |
|---|---|
| Phiroze Jeejeebhoy Towers, | Exchange Plaza, C-1, Block G, |
| Dalal Street, | Bandra Kurla Complex, Bandra (East), |
| Mumbai – 400 001 | Mumbai – 400 051 |
| BSE Scrip Code: 500067 | NSE Symbol: BLUESTARCO |
Dear Sir/Ma'am,
Sub.: Outcome of the Board Meeting
With reference to our letter dated October 19, 2020 and in accordance with Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the 'Listing Regulations'), we wish to inform you that the Board of Directors at their Meeting held today, i.e. Wednesday, October 28, 2020, have inter alia approved and taken on the record the Unaudited Standalone and Consolidated Financial Results of the Company for the second quarter and half year ended September 30, 2020 along with Limited Review Reports, pursuant to Regulation 33 and Regulation 52 of the Listing Regulations.
A copy of the aforesaid Financial Results along with the Limited Review Reports are enclosed herewith.
The Board has approved the amendment to the Company's Code of Internal Procedures and Conduct for Regulating, Monitoring and Reporting of Trading by Insiders and Code of Fair Disclosure of Unpublished Price Sensitive Information (the 'Code').
The aforesaid information is being made available on the Company's website at www.bluestarindia.com
The Company had closed its Trading Window from Wednesday, October 1, 2020, pursuant to the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 as amended from time to time and the Code, and the same will open from Monday, November 2, 2020.
The meeting commenced at 4:00 p.m. and concluded at 6:30 p.m.
Thanking you, Yours faithfully, For Blue Star Limited
Z:(01) Blue Star Limited\2020-21\Stock Exchange Compliances\Regulation 30 - Information and Updates\Outcome of BM\ 28.10.2020
Chartered Accountants One International Center Tower 3, 27th -32nd Floor Senapati Bapat Marg Elphinstone Road (West) Mumbai – 400 013 Maharashtra, India
Tele: + 91 22 6185 4000 Fax: +91 22 6185 4001
INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM CONSOLIDATED FINANCIAL RESULTS
TO THE BOARD OF DIRECTORS OF BLUE STAR LIMITED
-
- We have reviewed the accompanying Statement of Consolidated Unaudited Financial Results of BLUE STAR LIMITED ("the Parent") and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group"), and its share of the net profit after tax and total comprehensive income of its joint ventures for the quarter and six months ended September 30, 2020 ("the Statement") being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
-
- This Statement, which is the responsibility of the Parent's Management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.
-
- We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of Parent's personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable.
- The Statement includes the results of the following entities:
Subsidiaries:
- i) Blue Star Engineering and Electronics Limited
- ii) Blue Star Qatar WLL
- iii) Blue Star International FZCO
- iv) Blue Star Systems and Solutions LLC
- v) BSL AC&R (Singapore) PTE. LTD
Joint Ventures:
- i) Blue Star M & E Engineering (Sdn) Bhd
- ii) Blue Star Oman Electro-Mechanical Co. LLC
-
- Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.
-
- We did not review the interim financial information of a subsidiary included in the consolidated unaudited financial results, whose interim financial information reflects total assets of Rs. 138.70 crore as at September 30, 2020 and, total revenues of Rs. 32.35 crore and Rs. 71.44 crore for the quarter and six months ended September 30, 2020 respectively, total net profit after tax of Rs. 1.48 crore and Rs. 2.70 crore for the quarter and six months ended September 30, 2020 respectively, total comprehensive income of Rs. 1.48 crore and Rs. 2.70 crore for the quarter and six months ended September 30, 2020 respectively and net cash outflows of Rs. 14.25 crore for the six months ended September 30, 2020, as considered in the Statement. These interim financial information have been reviewed by the other auditor whose report has been furnished to us by the Management.
This subsidiary is located outside India whose interim financial information has been prepared in accordance with accounting principles generally accepted in its country and has been reviewed by the other auditor under generally accepted standards on review engagements applicable in such country. The Company's management has converted the interim financial information of this subsidiary from accounting principles generally accepted in its country to accounting principles generally accepted in India, where applicable. We have reviewed these conversion adjustments made by the Company's management. Our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of this subsidiary, is based solely on the report of the other auditor, the conversion adjustments prepared by the Management of the Company and reviewed by us and the procedures performed by us as stated in paragraph 3 above.
Our conclusion on the Statement is not modified in respect of this matter.
- The consolidated unaudited financial results includes the Group's share of profit after tax of Rs. 0.36 crore and Rs. 0.71 crore for the quarter and six months ended September 30, 2020 respectively and total comprehensive income of Rs. 0.36 crore and Rs. 0.71 crore for the quarter and six months ended September 30, 2020 respectively, as considered in the Statement, in respect of two joint ventures, based on their interim financial information which have not been reviewed by their auditors. According to the information and explanations given to us by the Management, these interim financial information are not material to the Group.
Our Conclusion on the Statement is not modified in respect of our reliance on these interim financial information certified by the Management.
For Deloitte Haskins & Sells LLP Chartered Accountants (Firm's Registration No. 117366W/W-100018)
Samir R. Shah Partner (Membership No. 101708) (UDIN: 20101708AAAAEF8440)
Place: Mumbai Date: October 28, 2020
ـــــــــــــــــــــــــــــــــــــ
| ₹ in Crores | |||||||
|---|---|---|---|---|---|---|---|
| SR. NO. |
PARTICULARS | QUARTER ENDED |
QUARTER ENDED (UNAUDITED) (UNAUDITED) (UNAUDITED) (UNAUDITED) (UNAUDITED) |
QUARTER ENDED |
HALF YEAR ENDED |
HALF YEAR ENDED |
YEAR ENDED (AUDITED) |
| 30.9.20 | 30.6.20 | 30.9.19 | 30.9.20 | 30.9.19 | 31.3.20 | ||
| Revenue from operations | 902.12 | 626.02 | 1,249.47 | 1,528.14 | 2,824.92 | 5,360.19 | |
| Other Income | 5.86 | 8.61 | 10.60 | 14.47 | 32.26 | 44.70 | |
| 1 | Total Income | 907.98 | 634.63 | 1,260.07 | 1,542.61 | 2,857.18 | 5,404.89 |
| $\overline{2}$ | Expenses | ||||||
| a) Cost of raw materials consumed (including direct project and | |||||||
| service cost) | 489,20 | 209.15 | 718.38 | 698.35 | 1,492.55 | 3,108.84 917.22 |
|
| b) Purchase of Stock in trade | 85.43 | 153.37 | 178.31 | 238.80 | 414.54 | ||
| c) Changes in Inventories of Finished Goods, Work-in-progress and | 222.54 | 211.46 | (7.95) | ||||
| Stock-in-Trade | 105.99 | 116.55 | 37.38 119.50 |
160.72 | 234.15 | 484.51 | |
| d) Employee Benefits Expense | 90.84 | 69.88 | 21.64 | 41.53 | 41.96 | 87.99 | |
| e) Depreciation and Amortisation Expense | 20.63 17.85 |
20.90 18.54 |
6.79 | 36.39 | 15.02 | 29.47 | |
| f) Finance Cost | 75.58 | 75.71 | 122.32 | 151.29 | 283.79 | 574.79 | |
| g) Other Expenses | 885.52 | 664.10 | 1,204.32 | 1,549.62 | 2,693.47 | 5,194.87 | |
| Total Expenses | 22.46 | (29.47) | 55.75 | (7.01) | 163.71 | 210.02 | |
| 3 | Profit/ (Loss) before Exceptional Items (1-2) | (1.71) | (1.71) | (4.03) | |||
| 4 | Exceptional Items (Refer note 3) Profit/ (Loss) before Tax (3+4) |
22.46 | (29.47) | 54.04 | (7.01) | 162.00 | 205.99 |
| 5 6 |
Tax Expense | ||||||
| 7.54 | (11.40) | 12.96 | (3.86) | 44.89 | 37.27 | ||
| i) Current tax | 1.76 | 4.51 | 28.05 | ||||
| ii) Deferred tax | (0.12) | 1.88 | 3.92 | ||||
| Total Tax Expense | 7.42 | (9.52) | 16.88 | (2.10) | 49.40 | 65.32 | |
| $\overline{7}$ | Net Profit/ (Loss) after Tax (5-6) | 15.04 | (19.95) | 37.16 | (4.91) | 112.60 2.41 |
140.67 3.03 |
| 8a | Share in Profit/ (Loss) of Joint Ventures | 0.36 | 0.35 | 0.93 (0.15) |
0.71 (0.14) |
(0.23) | (0.45) |
| 8b | Profits attributable to Non-controlling interest | (0.08) 15.32 |
(0.06) (19.66) |
37.94 | (4.34) | 114.78 | 143.25 |
| 9 | Net Profit/ (Loss) for the Period, (7+8) | ||||||
| Other Comprehensive Income, net of tax | 0.14 | (0.88) | 0.77 | (1.00) | (2.01) | ||
| A. Items that will not be reclassified to profit or loss (net of tax) | 0.63 (0.98) |
(0.09) | 1.05 | (1.07) | 0.78 | 4.47 | |
| B. Items that will be reclassified to profit or loss (net of tax) | (0.35) | 0.05 | 0.17 | (0.30) | (0.22) | 2.46 | |
| 10 | Other Comprehensive Income, net of tax | 14.97 | (19.61) | 38.11 | (4.64) | 114.56 | 145,71 |
| 11 | Total Comprehensive Income for the period/ year (9+10) | ||||||
| 12 | Paid Up Equity Share Capital (Face Value of the share - Rs. 2/- | 19.26 | 19.26 | 19.26 | |||
| each) | 19.26 | 19.26 | 19.26 | 763.11 | |||
| 13 | Other Equity | ||||||
| 14 | Earnings Per Share (EPS) (in Rs.) (not annualised) | (2.04) | 3.94 | (0.45) | 11.92 | 14.87 | |
| a) Basic | 1.59 | (2.04) | 3.94 | (0.45) | 11.92 | 14.87 | |
| b) Diluted | 1.59 | 2.34 | 2.34 | ||||
| 15 | Capital Redemption Reserve | 777.11 | 781.77 | ||||
| 16 | Net Worth | 0.70 | 10.84 | ||||
| 17 | Debt Service Coverage Ratio (DSCR) | 0.78 | 12.72 | ||||
| 18 | Interest Service Coverage Ratio (ISCR) | 1.00 | 0.59 | ||||
| 19 | Debt Equity Ratio |
NOTES:
l.
1 The Audit Committee has reviewed and the Board of Directors has approved the above results at their respective meetings held on October 28, 2020.
2 Financial Results of Blue Star Limited (Standalone Information) :
| 2 Financial Results of Blue Star Limited (Standalone Information): | ₹ in Crores | ||||||
|---|---|---|---|---|---|---|---|
| STANDALONE | |||||||
| QUARTER ENDED | HALF YEAR ENDED | YEAR ENDED | |||||
| PARTICULARS | (UNAUDITED) | (UNAUDITED) | (AUDITED) | ||||
| 30.9.20 | 30.6.20 | 30.9.19 | 30.9.20 | 30.9.19 | 31.3.20 | ||
| 803.77 | 526,20 | 1.056,23 | 1,329.97 | 2.526,90 | 4,786.49 | ||
| Revenue from operations | 11.83 | (44.23) | 22.57 | (32.40) | 127.41 | 167,67 | |
| Profit before tax (after exceptional item) | 7.58 | (30.52) | 12.79 | (22.94) | 87.02 | 120.87 | |
| Profit after tax | 8.11 | (30.30) | 12.02 | (22.20) | 86.13 | 119.14 | |
| Total Comprehensive Income |
$$B$
| 3 Exceptional Items : | |||||||
|---|---|---|---|---|---|---|---|
| ₹ in Crores | |||||||
| QUARTER ENDED | YEAR ENDED HALF YEAR ENDED |
||||||
| PARTICULARS | (UNAUDITED) | (UNAUDITED) | (AUDITED) | ||||
| 30.9.20 | 30.6.20 | 30.9.19 | 30.9.20 | 30.9.19 | 31.3.20 | ||
| Platinum Jubilee Expenses | $\blacksquare$ | (1.71) | (1.71) | (4.03) | |||
| Total | $\blacksquare$ | (1.71) | (1.71) | (4.03) |
* The Group commenced its Platinum Jubilee year on September 27, 2018. To mark the momentous milestone the Parent held, throughout the previous year, various events and programmes, ran special media campaigns and printed special publications. Owing to the singular frequency of costs related to the milestone, such costs were recognised as exceptional.
4 The results for the quarter and half year ended September 30, 2020 are not comparable with those for the corresponding previous periods, owing to the impact of COVID-19 on the Company's operations. While the Company continues to monitor the economic effects of the pandemic, including recovery of assets, and take steps to improve operational and financial efficiencies, the ultimate impact may be different from that presently estimated and would be recognized in the financial results when material changes to economic conditions arise.
5 The Code on Social Security, 2020 ('the Code') received presidential assent on September 28, 2020. However, the date on which the Code will come into effect has not yet been notified. The Company will assess the impact of the Code on its books of account in the period(s) in which the provisions of the Code becomes effective.
6 Additional disclosure as per regulation 52(4) of SEBI (Listing Obligations and Disclosure Requirements), Regulation 2015.
The Company has allotted unsecured redeemable non-convertible debentures (NCDs) on June 1, 2020. Total Non-Convertible Debenture of the Company outstanding as on September 30, 2020 are Rs. 350 crore. The asset cover in respect of the non-convertible debenture of the Company as on September 30, 2020 exceeds hundred percent of the principal amount of the said listed unsecured Non-Convertible Debentures. $\overline{r}$ in Crores
ii Details of Non - Convertible Debentures are as follows
| Details of Non-Convertible Dependies are as follows. | |||||
|---|---|---|---|---|---|
| Previous Due Date | Next Due Date | ||||
| PARTICULARS | Amount | Date | Amount | Date | |
| 17.65% Non Convertible Debentures (Series - I) - Principal | 175,00 | $01$ -Jun-23 | |||
| [7.65% Non Convertible Debentures (Series - I) - Interest | 13,39 | $01$ -Jun-21 | |||
| [7.65% Non Convertible Debentures (Series - II) - Principal | 175,00 | $01 - Jun - 23$ | |||
| [7.65% Non Convertible Debentures (Series - II) - Interest | 13.39 | $01$ -Jun-21 |
iii The NCDs issued by the Company are rated CARE AA+ (Outlook : Negative)
iv Formula used for calculation of ratios :
Net worth as per section 2(57) of the Companies Act, 2013
DSCR = [Earnings before interest, Tax and Exceptional Items] / [Interest expenses + Principal repayments made during the period for long term loans] ISCR = [Earnings before Interest, Tax and Exceptional Items] / Interest expenses
Debt / Equity Ratio = Total Debt / Equity
7 Details of Commercial Papers are as follows :
| Details of Obtititional Fabolo als de fellence: | ₹ in Crores | |
|---|---|---|
| Period | Amount Outstanding |
Rating |
| September 30, 2020 | 150.00 | CARE A1+. CRISIL A1+ |
| March 31, 2020 | 50.00 | CARE A1+, CRISIL A1+ |
Movement and repayment of Commercial Papers is given in "Annexure A".
8 Previous period / year's figures have been regrouped / rearranged, wherever necessary.
Date: October 28, 2020
Place : Mumbai
SN
For BLUE STAR LIMITED
Vir S. Advani Vice Chairman and Managing Director (DIN: 01571278)
www.bluestarindia.com
UNAUDITED CONSOLIDATED SEGMENT WISE REVENUE, RESULTS & CAPITAL EMPLOYED FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2020
| ₹ in Crores | |||||||
|---|---|---|---|---|---|---|---|
| SR. NO. |
PARTICULARS | QUARTER ENDED (UNAUDITED) |
QUARTER ENDED (UNAUDITED) |
QUARTER ENDED (UNAUDITED) |
HALF YEAR ENDED (UNAUDITED) |
HALF YEAR ENDED (UNAUDITED) |
YEAR ENDED (AUDITED) |
| 30.9.20 | 30.6.20 | 30.9.19 | 30.9.20 | 30.9.19 | 31.3.20 | ||
| Ŧ | SEGMENT REVENUE a. Electro- Mechanical Projects and Commercial Air Conditioning Systems b. Unitary Products c. Professional Electronics and Industrial Systems |
540.83 318,65 42.64 902.12 |
312.44 274.85 38.73 626.02 |
783.54 377.21 88.72 1,249.47 |
853.27 593.50 81.37 1,528.14 |
1,407.48 1,284.10 133.34 2,824.92 |
2,826,67 2,300.61 232.91 5,360.19 |
| TOTAL SEGMENT REVENUE | |||||||
| Ш | SEGMENT RESULT PROFIT/ (LOSS) BEFORE INTEREST & TAX a. Electro- Mechanical Projects and Commercial Air Conditioning Systems |
34.41 | (10.53) (3.76) |
44.56 11.96 |
23.88 7.97 |
78.09 110,87 |
120.26 162.27 |
| b. Unitary Products | 11.73 8.15 |
10.18 | 24.43 | 18.33 | 28.85 | 54.34 | |
| c. Professional Electronics and Industrial Systems | 54.29 | (4.11) | 80.95 | 50.18 | 217.81 | 336,87 | |
| TOTAL SEGMENT RESULT Less: i) Interest and Other Financial Charges |
17.85 | 18.54 | 6.79 | 36.39 | 15.02 | 29.47 | |
| ii) Un-allocable Expenditure | 13,98 | 6.82 | 18.41 | 20.80 | 39.08 | 97.38 | |
| TOTAL PROFIT/ (LOSS) BEFORE TAXATION AND EXCEPTIONAL ITEM |
22.46 | (29, 47) | 55.75 | (7.01) | 163,71 | 210.02 | |
| Exceptional items | (1.71) | (1.71) | (4.03) | ||||
| PROFIT/ (LOSS) BEFORE TAXATION | 22.46 | (29.47) | 54.04 | (7.01) | 162.00 | 205.99 | |
| ш | SEGMENT ASSETS a. Electro- Mechanical Projects and Commercial Air Conditioning Systems b. Unitary Products c. Professional Electronics and Industrial Systems |
1.535.53 684.78 58.80 |
1,571,20 868.49 69.20 |
1,705.34 726.97 132.23 |
1,535.53 684.78 58.80 |
1,705.34 726.97 132.23 |
1,737.05 1.001.45 76.29 |
| d. Un-allocable Corporate Assets | 769.29 | 837.89 | 464.44 | 769.29 | 464.44 | 624.47 | |
| TOTAL SEGMENT ASSETS | 3,048.40 | 3,346.78 | 3,028.98 | 3,048.40 | 3,028.98 | 3,439.26 | |
| IV | SEGMENT LIABILITIES a. Electro- Mechanical Projects and Commercial Air Conditioning Systems b. Unitary Products c. Professional Electronics and Industrial Systems |
981.16 326.33 67.77 |
968.82 478.67 82.36 |
1.157.24 396.64 129.21 |
981.16 326.33 67.77 |
1,157.24 396.64 129.21 |
1,288.63 697.00 83.52 |
| d. Un-allocable Corporate Liabilities | 892.93 | 1,051.64 | 476,35 | 892.93 | 476.35 | 585.43 | |
| TOTAL SEGMENT LIABILITIES | 2,268,19 | 2.581.49 | 2.159.44 | 2,268.19 | 2,159.44 | 2,654.58 | |
| $\mathbf{v}$ | CAPITAL EMPLOYED (Segment Assets - Segment Liabilities) |
||||||
| a. Electro- Mechanical Projects and Commercial Air Conditioning Systems |
554.37 | 602.38 | 548.10 | 554.37 | 548.10 | 448.42 | |
| b. Unitary Products | 358.45 | 389.82 | 330.33 | 358.45 | 330.33 | 304.45 | |
| c. Professional Electronics and Industrial Systems | (8.97) | (13.16) | 3.02 | (8.97) | 3.02 | (7.23) | |
| d. Un-allocable Corporate Assets less Liabilities | (123.64) | (213.75) | (11.91) | (123.64) 780.21 |
(11.91) 869,54 |
39.04 784.68 |
|
| TOTAL CAPITAL EMPLOYED IN THE COMPANY | 780,21 | 765.29 | 869.54 |
Note:
l
1. Based on the "management approach" as defined in Ind AS 108-Operating Segments, the Chief Operating Decision Maker evaluates the Company's performance and allocates
|resources based on an analysis of various performan
- Unitary product segment is seasonal in nature.
3. Previous period / year's figures have been regrouped / rearranged, wherever necessary.
R я ш $\sqrt{2}$
For BLUE STAR LIMITED
Vir S. Advani Vice Chairman and Managing Director
(DIN : 01571278)
$\infty$
Date : October 28, 2020
Place : Mumbai
$41$
$\sim$
CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES AS AT SEPTEMBER 30, 2020
| AS AT AS AT SR. PARTICULARS (AUDITED) (UNAUDITED) INO. 31.3.20 30.9.20 ASSETS A 1. Non-Current Assets 274.24 257.72 (a) Property Plant and Equipment 55.45 46.17 (b) Right-of-use assets 56.35 61.64 (c) Capital Work in Progress 62.71 60.80 (d) Investment Property 51.39 47.49 (e) Intangible Assets 11.01 13.00 (f) Intangible Assets under development 16.87 18.10 (g) Investment in Associate and Joint Venture (h) Financial Assets 19.28 28.49 -Loans 4.62 4.97 -Other Financial Assets 91.46 110.90 (i) Income tax Asset 81.75 79.43 (i) Deferred Tax Assets (Net) 62.92 61.51 (k) Other Non Current Assets 788.05 790.22 Total - Non Current Assets 2. Current Assets 869.82 642.22 (a) Inventories (b) Financial Assets 196.81 -Investments 17.92 14.63 $-Loans$ 837.67 644.59 -Trade Receivables 286.15 227.61 -Cash and cash Equivalents 7.79 3.58 -Other Bank Balances 0.16 -Other Financial Assets 635.07 525.21 (c) Other Current Assets 0.08 0.08 Asset held for sale 2,258.18 2,651.21 Total - Current Assets 3,439.26 3,048.40 TOTAL - ASSETS EQUITY AND LIABILITIES в 1. Equity 19.26 19.26 (a) Equity Share Capital 763.11 758.45 (b) Other Equity 782.37 777.71 Equity attributable to equity holders of the company 2.31 2.50 2. Non Controlling Interest 784.68 780.21 Total Equity 3. Non-Current Liabilities (a) Financial Liabilities 47.71 386.53 -Borrowings 38.54 32.96 -Lease Liability 13.26 11.93 (b) Long term Provisions 9.38 9.75 (c) Government Grant 108.89 441.17 Total - Non-current liabilities 4. Current Liabilities (a) Financial Liabilities 401.23 366.22 -Borrowings -Trade Payables 44.08 32.20 a. Total Outstanding dues of Micro Enterprises and Small Enterprises b. Total Outstanding dues of creditors other than Micro Enterprises and 1,538.28 886.44 Small Enterprises 21.24 18.68 -Lease Liability 33.37 36.70 -Other Financial Liabilities 64.98 68.25 (b) Provisions 3.52 2.11 (c) Government Grants 1.43 12.71 (d) Income Tax Liabilities (Net) 437.56 403.71 (e) Other Current Liabilities 1,827.02 2,545.69 Total - Current liabilities 3,439.26 3,048.40 TOTAL - FOULTY AND LIABILITIES |
₹ in Crores | |
|---|---|---|
For BLUE STAR LIMITED
V. Crdre
$91$
R
Vir S. Advani
Vice Chairman and Managing Director
(DIN: 01571278)
CONSOLIDATED CASH FLOW STATEMENT FOR HALF YEAR ENDED SEPTEMBER 30,2020
| HALF YEAR ENDED (UNAUDITED) SEPTEMBER 30, SEPTEMBER 30, 2020 2019 CASH FLOW FROM OPERATING ACTIVITIES (7.01) 162.00 Profit/ (Loss) before Tax Adjustments to reconcile profit before tax to net cash flows 41.53 41.96 Depreciation/ amortization (18.60) (1.05) Amortisation of Government Grant 2.08 (2.56) Fair Value (Gain)/ loss on financial instruments 0.38 (0.07) Loss/(Profit) on sale of Property, plant and equipment 22.14 15.12 Bad debts written off and provision for doubtful debts 4.70 (6.77) Unrealized foreign exchange loss/ (gain) (3.87) (4.97) Liabilities written back 15.04 36.39 Finance cost (5.48) (5.85) Interest income (0.86) (1.74) Income from mutual fund 75.13 207,38 OPERATING PROFIT BEFORE WORKING CAPITAL CHANGES Increase/ (Decrease) in working capital : (380.02) (652.27) Trade Payables 2.03 Provisions (40.82) 27.53 Other current liabilities 197.91 169.12 Trade receivables 279.96 227.60 Inventories (12.51) Loans 111.74 Other assets (119.98) 274.87 Cash generated from operations (4.13) Direct taxes paid (net of refunds) 222.67 (124.11) Net cash flow from/ (used in) operating activities (A) CASH FLOWS FROM INVESTING ACTIVITIES (14.81) Purchase of Property Plant and equipment, including Capital work-in-progress and capital advances (196.81) Purchase of investments Payment for obligation towards guarantee given for Joint Venture 2.34 0.16 Proceeds from sale of Property, Plant and Equipment 5,48 5.40 Interest received 1.20 Dividends received from Joint Venture 0.86 1.74 Income from mutual fund (204.24) (36.37) Net cash flow from/ (used in) investing activities (B) CASH FLOWS FROM FINANCING ACTIVITIES (53.51) (35.01) Proceeds/ (repayment) from Short Term Borrowings 350.00 50.00 Proceeds from Long Term Borrowings (1.52) (3.77) Repayment of Long Term Borrowings (11.21) (7.16) Repayment of Lease Liabilities (28.31) (15.86) Interest and Bank charges (1.89) (115.65) Dividend paid on equity shares (including Dividend Distribution Tax) (143.70) 269.81 Net cash flow from/ (used in) in financing activities (C) 42.60 (58.54) NET INCREASE/ (DECREASE) IN CASH AND CASH EQUIVALENTS (A + B + C) 83.86 286.15 Cash and cash equivalents at the beginning of the period |
₹ in Crores | ||
|---|---|---|---|
| (1.09) | |||
| (1.81) | |||
| (54.99) | |||
| (52.20) | |||
| (17.43) | |||
| (9.50) | |||
| (19.24) | |||
| CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD | 227.61 | 126.46 |
Date: October 28, 2020 Place : Mumbai
SNS
For BLUE STAR LIMITED
Vir S. Advani Vice Chairman and Managing Director $(DIN: 01571278)$
Annexure A Additional disclosure on Commercial Papers as per regulation 52(4) of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, for the half year ended September 30, 2020
| Sr. No. |
ISIN | Date of Issue | Maturity Date |
Principal Amount (₹ in Crores) |
Whether paid on due date or not |
Outstanding Amount as on September 30, 2020 (₹ in Crores) |
|---|---|---|---|---|---|---|
| INE472A14LO4 | 24-03-2020 | 12-06-2020 | 50,00 | Yes | ||
| 2 | INE472A14LQ9 | 07-04-2020 | 29-06-2020 | 50.00 | Yes | |
| 3 | INE472A14LQ9 | 08-04-2020 | 29-06-2020 | 25.00 | Yes | |
| 4 | INE472A14LS5 | 09-04-2020 | 30-06-2020 | 25.00 | Yes | |
| 5 | INE472A14LS5 | 13-04-2020 | 30-06-2020 | 50.00 | Yes | |
| 6 | INE472A14LR7 | 09-04-2020 | 28-08-2020 | 25.00 | Yes | |
| 7 | INE472A14LV9 | 17-06-2020 | 15-09-2020 | 50.00 | Yes | |
| 8 | INE472A14LT3 | 29-04-2020 | 23-10-2020 | 50.00 | Not due | 50.00 |
| 9 | INE472A14LU1 | 10-06-2020 | 15-03-2021 | 100.00 | Not due | 100.00 |
SAS
VSF
Chartered Accountants One International Center Tower 3, 27th -32nd Floor Senapati Bapat Marg Elphinstone Road (West) Mumbai – 400 013 Maharashtra, India
Tele: + 91 22 6185 4000 Fax: +91 22 6185 4001
INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM STANDALONE FINANCIAL RESULTS
TO THE BOARD OF DIRECTORS OF BLUE STAR LIMITED
-
We have reviewed the accompanying Statement of Standalone Unaudited Financial Results of BLUE STAR LIMITED ("the Company"), for the quarter and six months ended September 30, 2020 ("the Statement"), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
-
This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.
-
We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity', issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of the Company's personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
-
Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.
For Deloitte Haskins & Sells LLP Chartered Accountants (Firm's Registration No. 117366W/W-100018)
Samir R. Shah (Partner) (Membership No. 101708) (UDIN: 20101708AAAAEE7600)
Place: Mumbai Date: October 28, 2020
صاحات المحمد المحمد المحمد Registered Office : Kasturi Buildings, Mohan T. Advani Chowk, Jamshedji Tata Road, Mumbai 400 020,
CIN No.: L28920MH1949PLC006870, Telephone No +91 22 6665 4000, Fax No. +91 22 6665 4152
UNAUDIT
| SR. | QUARTER | QUARTER | ₹ in Crores | ||||
|---|---|---|---|---|---|---|---|
| NO | PARTICULARS | ENDED (UNAUDITED) |
ENDED (UNAUDITED) |
QUARTER ENDED (UNAUDITED) |
HALF YEAR ENDED (UNAUDITED) |
HALF YEAR ENDED (UNAUDITED) |
YEAR ENDED (AUDITED) |
| 30.9.20 | 30.6.20 | 30.9.19 | 30.9.20 | 30.9,19 | |||
| Revenue from operations | 31.3.20 | ||||||
| Other Income | 803,77 | 526.20 | 1,056.23 | 1,329.97 | 2,526.90 | ||
| 1 | Total Income | 7.81 | 7.54 | 9.49 | 15.35 | 33.10 | 4,786.49 |
| $\overline{2}$ | Expenses | 811.58 | 533.74 | 1,065.72 | 1,345.32 | 2,560.00 | 73.43 |
| a) Cost of raw materials consumed (including direct project and service cost) |
4,859.92 | ||||||
| b) Purchase of Stock in trade | 455.81 | 171.68 | 643.95 | 627.49 | |||
| c) Changes in Inventories of Finished Goods, Work-in-progress | 56.26 | 120.86 | 107.18 | 177.12 | 1,369.69 | 2,866.96 | |
| and Stock-in-Trade | 101.26 | 114.45 | 313.81 | 738.98 | |||
| d) Employee Benefits Expense | 77.20 | 58,98 | 41.87 103.89 |
215.71 | 216.22 | 0.53 | |
| e) Depreciation and Amortisation Expense f) Finance Cost |
19.62 | 19.89 | 20,80 | 136.18 | 201.83 | 414.95 | |
| g) Other Expenses | 18.81 | 19.17 | 7.37 | 39.51 | 40,46 | 84.34 | |
| Total Expenses | 70.79 | 72.94 | 116.38 | 37.98 | 16.05 | 32.37 | |
| 799.75 | 577.97 | 1,041.44 | 143.73 | 272.82 | 550.09 | ||
| Profit/ (Loss) from Operations before Exceptional Items $(1-2)$ |
1,377.72 | 2,430.88 | 4,688.22 | ||||
| 4 | Exceptional Items (Refer note 2) | 11.83 | (44.23) | 24.28 | (32.40) | 129,12 | 171.70 |
| 5 6 |
Profit/ (Loss) before Tax (3+4) | 11.83 | (1.71) | (1.71) | (4.03) | ||
| Tax Expense | (44.23) | 22,57 | (32.40) | 127.41 | 167.67 | ||
| i) Current tax | |||||||
| ii) Deferred tax | 5.71 | (13.71) | 6.98 | (8.00) | 38.65 | 25.04 | |
| Total Tax Expenses | (1.46) | 2.80 | (1.46) | 1.74 | |||
| Net Profit/ (Loss) after Tax (5-6) | 4.25 | (13.71) | 9.78 | (9.46) | 40.39 | 21.76 | |
| Other Comprehensive Income | 7.58 | (30.52) | 12.79 | (22.94) | 87.02 | 46.80 | |
| Items that will not be reclassified to profit or loss (net of tax) | 120,87 | ||||||
| 8 | Other Comprehensive Income, net of tax | 0.53 | 0.22 | (0.77) | 0.74 | (0.89) | (1.73) |
| 9 | Total Comprehensive Income for the period/ year (7+8) | 0.53 | 0.22 | (0.77) | 0.74 | (0.89) | |
| 10 | Paid Up Equity Share Capital (Face Value of the share ₹2/- | 8.11 | (30.30) | 12.02 | (22.20) | (1.73) | |
| each) | 86.13 | 119.14 | |||||
| 11 | Other equity | 19.26 | 19.26 | 19.26 | 19.26 | 19.26 | |
| 12 | Earnings Per Share (EPS) (in ₹) (not annualised) | 19.26 830.43 |
|||||
| a) Basic | |||||||
| b) Diluted | 0.79 0.79 |
(3.17) | 1.33 | (2.38) | 9.04 | 12.55 | |
| 13 Capital Redemption Reserve | (3.17) | 1.33 | (2, 38) | 9.04 | 12.55 | ||
| 14 Net Worth | 2.34 | 2.34 | |||||
| 15 Debt Service Coverage Ratio (DSCR) | 826.89 | 849.09 | |||||
| 16 Interest Service Coverage Ratio (ISCR) | 0.05 | 8.85 | |||||
| 17 Debt Equity Ratio | 0.05 | 8.85 | |||||
| 1.05 | 0.59 |
NOTES:
SAS
$\overline{2}$
1 The Audit Committee has reviewed and the Board of Directors has approved the above results at their respective meetings held on October 28, 2020.
| QUARTER ENDED | ₹ in Crores | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| PARTICULARS | (UNAUDITED) | HALF YEAR ENDED (UNAUDITED) |
YEAR ENDED (AUDITED) |
||||||
| Platinum Jubilee Expenses* | 30.9.20 | 30.6.20 | 30.9.19 | 30.9.20 | 30.9.19 | 31.3.20 | |||
| Total | (1.71) | (1.71) | |||||||
| (4.03) (1.71) * The Company commenced its Platinum Jubilee year on September 27, 2018. To mark the momentous milestone the Company held, throughout the previous (4.03) year, various events and programmes, ran special media campaigns and printed special publications. Owing to the singular frequency of costs related to the |
|||||||||
| 3 The results for the quarter and half year ended September 30, 2020 are not comparable with those for the corresponding previous periods, owing to the impact of COVID-19 on the Company's operations. While the Company continues to monitor the economic effects of the pandemic, including recovery of assets, and take steps to improve operational and financial efficiencies, the ultimate impact may be different from that presently estimated and would be recognized in the financial |
results when material changes to economic conditions arise.
4 The Code on Social Security, 2020 ('the Code') received presidential assent on September 28, 2020. However, the date on which the Code will come into effect has
not yet been notified. The Company will assess the impact o
5 Additional disclosure as per regulation 52(4) of SEBI (Listing Obligations and Disclosure Requirements), Regulation 2015.
i The Company has allotted unsecured redeemable non-convertible debentures (NCDs) on June 1, 2020. Total Non-Convertible Debenture of the Company outstanding as on September 30, 2020 are Rs. 350 crore. The asset cover in respect of the non-convertible debenture of the Company as on September 30, 2020 exceeds hundred percent of the principal amount of the said listed unsecured Non-Convertible Debentures.
ii Details of Non - Convertible Debentures are as follows :
| Previous Due Date | Next Due Date | |||
|---|---|---|---|---|
| PARTICULARS | Amount | Date | Amount | Date |
| 17.65% Non-Convertible Debenture (Series - I) - Principal | 175.00 | $01$ -Jun-23 | ||
| [7,65% Non-Convertible Debenture (Series - I) - Interest | 13.39 | 01-Jun-21 | ||
| 7.65% Non-Convertible Debenture (Series - II) - Principal | 175.00 | $01 - Jun - 23$ | ||
| [7.65% Non-Convertible Debenture (Series - II) - Interest | 13.39 | 01-Jun-21 |
iii The NCDs issued by the Company are rated CARE AA+ (Outlook: Negative)
iv Formula used for calculation of ratios :
Net worth as per section 2(57) of the Companies Act, 2013
DSCR = [Earnings before interest, Tax and Exceptional Items] / [Interest expenses + Principal repayments made during the period for long term loans] ISCR = [Earnings before Interest, Tax and Exceptional Items] / Interest expenses Debt / Equity Ratio = Total Debt / Equity
$\cdots$ moroial Donore are as follows :
| 6 Details of Commercial Papers are as follows : | ₹ in Crores | |
|---|---|---|
| Period | Amount Outstanding |
Rating |
| September 30, 2020 | 150.00 | CARE A1+, CRISIL A1+ |
| March 31, 2020 | 50.00 | CARE A1+, CRISIL A1+ |
Movement and repayment of Commercial Papers is given in "Annexure A".
7 Previous period / year's figures have been regrouped / rearranged, wherever necessary.
Date: October 28, 2020
Place: Mumbai
www.bluestarindia.com
For BLUE STAR LIMITED
Vir S. Advani Vice Chairman and Managing Director (DIN: 01571278)
obre
₹ in Crores
SP
STANDALONE STATEMENT OF ASSETS AND LIABILITIES AS AT SEPTEMBER 30, 2020
| ₹ in Crores | |||
|---|---|---|---|
| SR. | AS AT | AS AT | |
| NO | PARTICULARS | (UNAUDITED) | (AUDITED) |
| 30.9.20 | 31.3.20 | ||
| Α | ASSETS | ||
| 1. Non-Current Assets | |||
| (a) Property Plant and Equipment | 236.06 | 250.65 | |
| (b) Right-of-use assets | 45.37 | 54.52 | |
| (c) Capital Work in Progress | 62.12 | 56.75 | |
| (d) Investment Property | 48.37 | 49.81 | |
| (e) Intangible Assets | 47.26 | 51.13 | |
| (f) Intangible Assets under development | 13.00 | 11.01 | |
| (g) Financial Assets | |||
| - Investments | 220.88 | 220.88 | |
| - Loans | 30.30 | 21.13 | |
| - Other Financial Assets | 4.97 | 4.58 | |
| (h) Income tax Asset (Net) | 110.87 | 93.44 | |
| (i) Deferred Tax Assets (Net) | 59.94 | 58.48 | |
| (i) Other non current assets | 57.42 | 60.56 | |
| Total - Non Current Assets | 936.56 | 932.94 | |
| 2. Current Assets | |||
| (a) Inventories | 629.02 | 849.65 | |
| (b) Financial Assets | |||
| -investments | 196.81 | ||
| -Loans | 15.63 | 13.87 | |
| -Trade Receivables | 555.09 | 745.83 | |
| -Cash and cash equivalents | 188.55 | 218.18 | |
| -Other bank balances | 3.57 | 7.79 | |
| -Other Financial Assets | 0.28 | 2.30 543.11 |
|
| (c) Other Current Assets | 440.80 | 0.08 | |
| Asset held for sale | 0.08 2,029.83 |
2,380.81 | |
| Total Current Assets | 2,966.39 | 3,313.75 | |
| TOTAL - ASSETS | |||
| в | EQUITY AND LIABILITIES | ||
| 1. Equity (a) Equity Share Capital |
19.26 | 19.26 | |
| (b) Other Equity | 808.23 | 830.43 | |
| Total Equity | 827.49 | 849.69 | |
| 2. Non-Current Liabilities | |||
| (a) Financial Liabilities | 382.48 | 41.88 | |
| - Borrowings - Lease Liability |
32.60 | 37.72 | |
| (b) Provisions | 11.80 | 13.13 | |
| (c) Government Grants | 9.75 | 9.38 | |
| Total - Non-current liabilities | 436.63 | 102.11 | |
| 3. Current Liabilities | |||
| (a) Financial Liabilities | |||
| -Borrowings | 464.26 | 449.04 | |
| -Trade Payables | |||
| a. Total outstanding dues of Micro Enterprises and small enterprises | 32.20 | 44.08 | |
| b. Total outstanding dues of creditors other than Micro Enterprises and small | 757.27 | 1,394.49 | |
| enterprises | 18.47 | 21.42 | |
| - Lease Liability | 33.58 | 30.18 | |
| -Other Financial Liabilities | 56.32 | 53.19 | |
| (b) Provisions | 2.11 | 3.52 | |
| (c) Government Grants | 338.06 | 366.03 | |
| (d) Other Current Liabilities | 1,702.27 | 2,361.95 | |
| Total - Current Liabilities | 2,966.39 | 3,313.75 | |
| TOTAL - EQUITY AND LIABILITIES |
Date: October 28, 2020 Place: Mumbai
$89$
For BLUE STAR LIMITED $\overline{\mathcal{A}}$ $\overline{C}$ $\overline{c}$ Vir S. Advant
Vice Chairman and Managing Director
(DIN : 01571278) m
BLUE STAR LIMITED STANDALONE CASH FLOW STATEMENT FOR HALF YEAR ENDED SEPTEMBER 30, 2020
| ₹ in Crores | ||
|---|---|---|
| HALF YEAR ENDED (UNAUDITED) |
||
| SEPTEMBER 30, 2020 |
SEPTEMBER 30, 2019 |
|
| CASH FLOW FROM OPERATING ACTIVITIES | ||
| Profit/ (Loss) before Tax | (32.40) | 127.41 |
| Adjustments to reconcile profit before tax to net cash flows | ||
| Depreciation/ amortization | 39.51 | 40.45 |
| Amortisation of Government Grant | (1.05) | (18.60) |
| Fair Value (Gain)/ loss on financial instruments | 2.08 | (3.11) |
| Loss on sale of property, plant and equipment | 0.34 | 0.14 |
| Bad debts written off and provision for doubtful debts | 20.92 | 14.24 |
| Unrealized foreign exchange loss/ (gain) | (6.71) | 6.10 |
| Liabilities written back | (4.40) | (3.45) |
| Finance cost | 37.98 | 16.05 |
| Interest income | (4.73) | (5.16) |
| Income from mutual funds | (1.74) | (0.85) |
| Dividend income | (2.40) | (3.05) |
| OPERATING PROFIT BEFORE WORKING CAPITAL CHANGES | 47.40 | 170.17 |
| Increase/ (Decrease) in working capital: | (638.36) | (438.41) |
| Trade payables | 2.94 | (2.37) |
| Provisions | (35.02) | 17.39 |
| Other current liabilities Trade receivables |
168.10 | 263.90 |
| Inventories | 220.61 | 284.71 |
| Loans | (10.93) | (1.47) |
| Other assets | 108.11 | (26.98) |
| Cash generated from operations | (137.15) | 266.94 |
| Direct taxes paid (net of refunds) | (9.81) | (49.55) |
| Net cash flow from/ (used in) operating activities (A) | (146.96) | 217.39 |
| CASH FLOWS FROM INVESTING ACTIVITIES | ||
| Purchase of Property plant and equipment, including Capital work-in-progress and capital | ||
| advances | (15.50) | (16.59) |
| Payment for obligation towards guarantee for Joint Venture | (19.24) | |
| Purchase of investments | (196.81) | (9.50) |
| Proceeds from sale of Property, Plant and Equipment | 0.16 4.36 |
0.33 5.08 |
| Interest received | 1.74 | 0.85 |
| Income from mutual funds | 2.40 | 3.05 |
| Dividends received Net cash flow from/ (used in) investing activities (B) |
(203.65) | (36.02) |
| CASH FLOWS FROM FINANCING ACTIVITIES | ||
| Proceeds/ (Repayment) from Short Term Borrowings (net) | (14.78) | (57.55) |
| Proceeds from Long Term Borrowings | 350.00 | 50.00 |
| Repayment of Long Term Borrowings | (1.87) | |
| Inter Corporate Deposit Received from Subsidiary | 30.00 | 35.00 |
| Repayment of Lease Liabilities | (10.67) | (7.81) |
| Interest and Bank charges | (29.81) | (16.91) (115.65) |
| Dividend paid on equity shares (including Dividend Distribution Tax) | (1.89) 320.98 |
(112.92) |
| Net cash flow from/ (used in) in financing activities (C) | ||
| NET INCREASE/ (DECREASE) IN CASH AND CASH EQUIVALENTS (A + B + C) | (29.63) | 68.45 |
| Cash and cash equivalents at the beginning of the period | 218.18 | 21.79 |
| CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD | 188.55 | 90.24 |
Date: October 28, 2020 Place: Mumbai
$$1,$
| Annexure A | ||||||
|---|---|---|---|---|---|---|
| Additional disclosure on Commercial Papers as per regulation 52(4) of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, for the half year ended September 30, 2020 |
||||||
| Sr. No. |
ISIN | Date of Issue | Maturity Date | Principal Amount (₹ in Crores) |
Whether paid on due date or not |
Outstanding Amount as on September 30, 2020 (₹ in Crores) |
| INE472A14LO4 | 24-03-2020 | 12-06-2020 | 50.00 | Yes | ||
| 2 | INE472A14LQ9 | 07-04-2020 | 29-06-2020 | 50.00 | Yes | |
| 3 | INE472A14LQ9 | 08-04-2020 | 29-06-2020 | 25.00 | Yes | |
| 4 | INE472A14LS5 | 09-04-2020 | 30-06-2020 | 25,00 | Yes | |
| 5 | INE472A14LS5 | 13-04-2020 | 30-06-2020 | 50.00 | Yes | |
| 6 | INE472A14LR7 | 09-04-2020 | 28-08-2020 | 25.00 | Yes |
$50.00$
50.00
100.00
Yes
Not due
Not due
15-09-2020
23-10-2020
15-03-2021
17-06-2020
29-04-2020
10-06-2020
SAS
$\overline{7}$
$\overline{\bf 8}$
$\mathsf g$
INE472A14LV9
INE472A14LT3
INE472A14LU1
AR KA,
$\overline{a}$
$50.00$
$100.00$