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D.P. WIRES LIMITED Interim / Quarterly Report 2022

Jul 26, 2021

62428_rns_2021-07-26_4984ac44-30a6-4648-a318-5ff8664868a0.pdf

Interim / Quarterly Report

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Read, Off. & Factony: 16-18A, Industrial Estate, Ratlam-457 001. (M.P.) INDIA

Date: - July $26th 2021$

To. National Stock Exchange of India Limited Listing Department Exchange Plaza, C-1 Block-G, Bandra-Kurla Complex, Mumbai-400051

Dear Sir/Madam.

Subject: - Outcome of Meeting of Board of Directors of the Company held on 26.07.2021 Reference: - SM- DPWIRES, ISIN: - INE864X01013 Reg:-Disclosure under Regulation 30 $&$ 33 and other applicable provisions of SEBI (LODR)2015

With reference to above mentioned subject we would like to inform you that the meeting of the board of Directors of DP Wires Limited was held on 26th day of July 2021, Monday at 16-18, Industrial estate, Ratlam (M.P)-457001, of the company commenced meeting at 4.30 PM i.e(16:30 Hours) and concluded at 05:15 PM i.e. (17:15 Hours) among others the following businesses as specified below were transacted at the Meeting: -

  1. Considered and approved the Standalone Unaudited financial results of the company for the Quarter Ended on 30th June 2021 along with the Limited review Auditor report thereon.

In this regards we are attaching here with the Following Documents:-

  • A. Unaudited quarterly Financial Results for the quarter ended on 30th June , 2021
  • B. Limited Review Report from the Auditors.

Kindly take the above on your records in Pursuance of the SEBI (LODR), Regulation, 2015.

Thanking For D6 CS Kr Company Comliance Office

D.P. WIRES LIMITED

[Formerly known as 'D.P. WIRES PRIVATE LIMITED'] 16-18A, INDUSTRIAL ESTATE, RATLAM CIN-U27100MP1998PLC029523, Phone: +91-07412-261130, +91-07412-261140 Website: www.dpwires.co.in Email: [email protected]

STATEMENT OF PROFIT AND LOSS

$F \in [a,b]$

Particulars For theQuarter ended30-06-2021(Unaudited) For theQuarter ended31-03-2021(Audited) For theQuarter ended30-06-2020(Unaudited) $\left \right $ in LangsFor theYear ended31-03-2021(Audited)
REVENUE
Revenue from Operations 14,210.56 18,392.53 5,239.23 46,610.70
$II-A$$II-B$ Other IncomeRevenue from Wind Mill Unit 296124.05 7.0714.36 41.2218.96 252.5761.52
TOTAL REVENUE (I + II) 14,264.22 18,413.96 5,299.42 46,924.79
$\mathbb{N}$ EXPENSES
(a) Cost of Materials Consumed 10.236.26 12,619.48 3.361.74 34,180.71
(b) Purchase of Traded Goods 1,606.75 2,422.53 537.29 3,403.15
(c) Manufacturing and Operating Costs 658.74 1,104.39 312.32 2,855.97
(d) Changes in Inventories of Finished Goods,
Work-In-Progress and Traded Goods 19.30 (41.35) 368.23 261.66
(e) Employees' Benefit Expenses 170.15 194.57 94.67 530.12
(f) Finance Costs 19.51 21.09 17.21 109.67
$\left( q\right)$ Other Expenses 462.68 902.05 196.24 2,120.18
(h) Depreciation 52.76 75.20 46.87 222.45
TOTAL EXPENSES (IV) 13,226.16 17,297.96 4,934.56 43,683.92
v Profit before exceptional and extraordinary items and tax (III-IV) 1,038.06 1,115.99 364.86 3,240.87
VI Exceptional items
VII Profit before Tax (V-VI) 1,038.06 1,115.99 364.86 3,240.87
VIII Tax Expense: 272.50 290.00 90.00 840.00
Current Tax(Less): MAT Credit
Current Tax Expense relating to prior years (0.65) 16.05 16.05
Deferred Taxation (20.46) (3.80) (22.94)
Total Tax Expenses (a+b+c+d) 271.85 285.59 86.20 833.11
IX Profit for the Period (VII-VIII) 766.21 830.41 278.67 2,407.77
X Other Comprehensive Income for the Period 1.44 (2.40) (2.87)
$x_1$ Total Comprehensive Income for the Period (IX+X) 766.21 831.85 276.27 2,404.90
XII Earnings per share (of Rs. 10/- each) (not annualized) :
(a) Basic 5.65 6.12 2.05 17.75
(b) Diluted 5.65 6.12 2.05 17.75

For-D.P. WIRES LIMITED

For-DR WIRES LIMITED

Praveen Kataria (BAD) Managingonitestised Signatory/Director DIN: 00088633

Arvind Kataria DIN: 00088771

Place: Ratlam Date: July 26th, 2021

D.P. WIRES LIMITED

[Formerly known as 'D.P. WIRES PRIVATE LIMITED'] 16-18A, INDUSTRIAL ESTATE, RATLAM CIN-U27100MP1998PLC029523, Phone: +91-07412-261130, +91-07412-261140 Website: www.dpwires.co.in Email: [email protected]

SEGMENT WISE REVENUE, RESULTS AND SEGMENT ASSETS & LIABILITIES

Particulars For theQuarter ended30-06-2021(Unaudited) For theQuarter ended31-03-2021(Unaudited) For theQuarter ended30-06-2020(Unaudited) For theYear ended31-03-2021(Audited)
1 Segment Revenue
Wire Division 11,783.44 15,017.05 3,818.65 40,632.05
(a)(b) Plastics Division 729.55 867.84 515.51 2,056.82
(c) Electric Energy through Wind Mill Division 24.05 14.36 18.96 61.52
(d) Others (Trading) 1,697.57 2,507.64 905.07 3,921.83
Ш Total Sales 14,234.61 18,406.89 5,258.20 46,672.22
$\overline{2}$ Segment Results
(a) Wire Division 2,358.22 3.232.29 856.21 8,487.64
(b) Plastics Division 79.66 185.47 77.56 380.63
(c) Electric Energy through Wind Mill Division 20.39 9.25 15.02 43.91
(d) Others (Trading) 60.26 390.08 69.29 518.68
Sub Total 2,518.53 3,817.09 1,018.08 9,430.87
(Add ) / Less :
$\langle 1 \rangle$ Finance Cost 19.51 21.10 17.21 109.67
(ii) Other un-allocable expenditure (net of un-allocable income) 1,460.97 2.679.99 636.01 6,080.32
Total Profit / Loss Before Tax 1,038.06 1,116.00 364.86 3,240.87
3 Segment Assets
(a) Wire Division 10.762.99 10,919.60 5,706.73 10,919.60
(b) Plastics Division 129.07 606.88 479.44 606.88
(c) Electric Energy through Wind Mill Division 159.04 123.56 115.90 123.56
(d) Others (Trading) 1,114.38 34.27 805.17 34.27
Sub Total 12,165.48 11,684.31 7,107.25 11,684.31
(e) Unallocable Assets 3,378.64 3,685.82 5.016.12 3,685.82
Total Assets 15,544.12 15,370.14 12,123.36 15,370.14
3 Segment Liabilities
863.60
(a) Wire DivisionPlastics Division 58.19 1.134.9625.69 304.92238.60 1,134.96
(b)(c) Electric Energy through Wind Mill Division 25.69
(d) Others (Trading) 0.40 39.58 0.40
Sub Total 921.79 1,161.05 583.11 1,161.05
(e) Unallocable Assets 1,589.82 1,942.79 1,402.59 1,942.79
Total Liability 2511.62 3.103.84 1,985.70 3 103 84

Notes:-

1 The above results for the quarter ended June 30th 2021, which have been subjected to a limited review by the statutory auditors of the company were reviewed by the Audit committee and subsequently approved by the board of Directors at its meeting held on 26th July 2021 in terms of regulation 33 of SEBI (Listing Obligation and Disclosure Requirement) , Regulation 2015

2 The above finacial results have been prepared in accordance with the recognition and mesurement Principle stated therein and prescibed under section 133 of the' companies Act, 2013 read with the relevant rule issued thereunder and other accounting principles generally accepted in India and in Compliance with Regulation '33 of the Listing Agreement Regulation

For-DrR

For-D.P. WIRES LIMITED Praveen Kataria (OMD)

Managing Rivertesed Signatory/Director

Place: Ratlam Date: July 26th, 2021 Arvind Kataria Whole Time Director Enting Fory/Director DIN: 00088771

WIRES LIMITED

M/s. Anil Kamal Garg & Company

CHARTERED ACCOUNTANTS

"Kamal Kripa", 97, Jaora Compound, Indore - 452 001 (M.P.) Phone: 0731-2700940, 2704354

Independent Auditor's Review Report on the Quarterly Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

To, The Board of Directors, D P WIRES LIMITED

  • We have reviewed the accompanying Statement of Unaudited Standalone $\lceil 1 \rceil$ Financial Results of D P WIRES LIMITED ('the Company') for the quarter ended June 30th, 2021 attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. CIR/CFD/CMD1/44/2019 dated March 29, 2019.
  • This Statement which is the responsibility of the Company's Management and $\lceil 2 \rceil$ approved by the 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, as amended, read with relevant rules 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 $\lceil 3 \rceil$ 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. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review is limited primarily to inquiries of Company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.

Contd. 2

$[4]$ Based on our review conducted as 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 applicable Indian Accounting Standards specified under Section 133 of the Companies Act, 2013, read with relevant rules issued thereunder and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. CIR/CFD/CMD1/44/2019 dated March 29, 2019 including the manner in which it is to be disclosed, or that it contains any material misstatement.

Place: Indore Dated : July 26th, 2021 For: Anil Kamal Garg & Company Chartered Accountants Firm Registration No. 004186C

INDO (Devendra Bansal) Partner Membership No. 078057 ICATUDIN: 21078057AAAAFA5854

AMAL GA