Lambodhara Textiles Ltd. — Interim / Quarterly Report 2022

Aug 14, 2021

-.

^4an/nd&a,aa. ?efrclza .4M

Regd. Office : 3A,3'o Floot, B Block, Pioneet Aparhneflts,70758, A,iflashi Roail, Coimbatore - 647 01.8,lndia relefax' : +9t 422 2249038 & 4gs1083, E-mail : info@lambodharutextiles,com zt'zozo.lambodharutextiles.colrt GSTIN : 33AAACL3524B1Z| lE Coile i 3207006787 CIN : L77177T21994PLC004929

August 14,2021

To

The Listing Department National Stock Exchange of lndia Limited, Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051 .

Dear Sir/Madam,

• Sub . submission of Unaudited Financial Results for the Quarter ended 30th June, 2021
• Ref: Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20 I 5.

Symbol : LAMBODHARA Series :EQ

with reference to the above, we enclose herewith the unaudited financial results for the Quarter ended 30th Jtne,2021 duly approved by the Board ol Directors at their meeting held on 14th August,2021 along with the limited review reporl issued by M/s Jain & Mohan. Chartered Accountants, Statutory Auditors of the Company.

Kindly take the same on records.

Thanking you

Yours faithfully for Lambodhara Textiles Ltd.,

Whole-Time Director cum Chief Financial Officer

Encl:a.a

Cc: The Listing Department BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street. Mumbai - 400 001- Works : 826, Thazhaiyuthu, Palani - 624 678, lndia A) : +91 4252 252253 & 252057 E-mail : millalambodharatextiles'co'n Ramesh

LAMBODHARA TEXTILES LIMITED CIN L17111 TZ 1994 PLC 004929

Regd. Office: 3A, 3rd Floor, B Block, Pioneer Apartments

1075B, Avinashi Road, Coimbatore - 641 018, India Telefax: +91-422-4351083

Email & Investor Grievance ID: info@lambodharatextiles.com Web: www.lambodharatextiles.com

Statement of Unaudited Financial Results for the Quarter Ended 30.06.2021

			(Rs. in Lakhs)
	Particulars	Quarter Ended			Year Ended
S.No.		30.06.2021	31.03.2021	30.06.2020	31.03.2021
		Unaudited	Audited	Unaudited	Audited
	Income:
1	Revenue from Operations	3,128.82	4,159.92	412.80	11,826.96
$\overline{2}$	Other Income	58.74	46.96	23.47	146.69
3	Total Revenue (1+2)	3,187.56	4,206.88	436.27	11,973.65
4	Expenses:
	(a) Cost of materials consumed	1,817.64	1,937.51	620.08	5,045.95
	(b) Purchase of Stock-in-Trade	154.34	383.36	11.81	850.39
	(c) Changes in Inventories of Finished Goods, Stock-in-Trade
	& Work-in-Process	(421.44)	(151.36)	(836.38)	287.30
	(d) Employee Benefit Expense	242.45	244.92	89.13	771.91
	(e) Finance Cost	136.02	(127.18)	117.08	294.70
	(f) Depreciation & Amortization Expenses	175.66	146.19	187.64	688.84
	(g) Other expenses
	- Manufacturing and operating	503.87	614.27	272.37	1,800.15
	(Stores and spares consumed, Conversion charges, power and fuel)
	- Others	185.28	231.88	64.23	753.39
	Total Expenses	2,793.82	3,279.59	525.96	10,492.63
5	Profit before Exceptional Items and Tax (3-4)	393.74	927.29	(89.69)	1,481.02
6	Exceptional items
$\overline{7}$	Profit Before Tax (5+6)	393.74	927.29	(89.69)	1,481.02
8	Tax expenses :
	(a) Current tax	69.42	175.77		268.20
	(b) Deferred tax	24.41	103.02	(11.47)	154.04
	(c) Tax in respect of earlier years
9	Profit/(Loss) After Tax for the period (7-8)	299.91	648.50	(78.22)	1,058.78
10	Other Comprehensive Income (Net of Income Tax)
	A. Items that will not be reclassified to Profit or Loss
	(I) Remesurements of net defined benefit plans		(6.31)		(6.31)
	B. Items that will be reclassified to Profit or Loss
	(I) Remesurements of Fair value of investments in bonds	7.75	(6.76)		(14.29)
11	Total comprehensive income for the period (9+10)	307.66	635.43	(78.22)	1,038.18
12	Paid-up equity share capital (Face Value of Rs.5/- each)	518.88	518.88	478.88	518.88
13	Reserves Excluding Revaluation Reserves as per Balance Sheet ofprevious accounting year	٠	$\qquad \qquad \blacksquare$		6,320.54
14	Earnings per Equity Share
	a) Basic	2.89	6.52	(0.82)	10.95
	b) Diluted	2.89	6.52	(0.82)	10.95

Notes:

1. The above unaudited financial results have been reviewed by the Audit Committee at their Meeting on 14th August 2021 and approved by the Board of Directors at their meeting held on 14th August 2021.

2. This statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable.

3. The figures for the previous periods have been re-grouped /re-arranged wherever necessary to make them comparable with those of current period.

4. The outbreak of COVID-19 pandemic and consequent lockdown has impacted regular business operations. The Company has since restarted its manufacturing facilities in a phased manner. The Company has taken into account external and internal information for assessing possible limpact of COVID-19 on various elements of its financial results, including recoverability of its assets.

5. The figures of the preceding 3 months ended 31st March 2021 are the balancing figures between the audited figures in respect of the full previous financial year and the published year to date figures upto the third quarter of the respective financial year.

6. The Company has organised the business into segments, viz., Textiles, Windmill and Real Estate. This reporting complies with Ind AS segment reporting principles.

۴

Ç

$A_{a}$ ja St

$C_{\beta}$

Order of the Board sd/- Giulia Bosco DIN: 01898020 Whole-Time Director

LAMBODHARA TEXTILES LIMITED CIN L17111 TZ 1994 PLC 004929

Regd. Office: 3A, 3rd Floor, B Block, Pioneer Apartments

1075B, Avinashi Road, Coimbatore - 641 018, India Telefax: +91-422-4351083

Email & Investor Grievance ID: info@lambodharatextiles.com Web: www.lambodharatextiles.com

		(Rs. in Lakhs)
	Quarter Ended			Year Ended
Particulars	30.06.2021	31.03.2021	30.06.2020	31.03.2021
	Unaudited	Audited	Unaudited	Audited
Segment Revenue
(i) Textiles	2,988.43	4,071.12	273.47	11,309.93
(ii) Windmill	170.31	104.37	138.99	549.94
(iii) Real Estate	28.82	31.39	23.81	113.78
Total	3,187.56	4,206.88	436.27	11,973.65
Less : Inter segment Revenue
Net Segment Revenue	3,187.56	4,206.88	436.27	11,973.65
Segment Result (Profit before Finance Cost and Tax)
(i) Textiles	396.75	729.32	(74.89)	1,394.30
(ii) Windmill	113.77	52.38	86.04	330.25
(iii) Real Estate	25.76	27.10	20.40	95.89
Total	536.28	808.80	31.55	1,820.44
Less : Finance cost
(i) Textiles	84.13	(73.00)	68.00	163.62
(ii) Windmill	37.95	(42.71)	37.44	96.88
(iii) Real Estate	13.94	(11.47)	11.64	34.20
Total	136.02	(127.18)	117.08	294.70
Less : Unallocable Expenses	6.52	8.69	4.16	44.72
Profit Before Tax	393.74	927.29	(89.69)	1,481.02
Segment Assets
(i) Textiles	10,413.08	10,196.54	8,835.64	10,196.54
(ii) Windmill	2,237.38	2,238.57	2,358.52	2,238.57
(iii) Real Estate	1,474.31	1,468.80	1,487.47	1,468.80
Add: Unallocable Assets	1.52	2.05	3.83	2.05
Total Assets	14,126.29	13,905.96	12,685.46	13,905.96
Segment Liabilities
(i) Textiles	3,604.70	3,733.02	4,042.59	3,733.02
(ii) Windmill	1,121.34	1,170.88	1,370.74	1,170.88
(iii) Real Estate	424.09	426.62	436.53	426.62
Add: Unallocable Liabilities	1,060.07	967.01	680.88	967.01
Total Liabilities	6,210.20	6,297.53	6,530.74	6,297.53

Segmentwise Revenue, Results, Assets and Liabilities for the Quarter Ended 30.06.2021

Notes on Segment Information

1. Segment Revenue, Segment Results represent amount identifiable to each of the Segments. Other "unallocable expenses" mainly includes corporate expenses on common services not directly identifiable to individual segments.

2. Segment-wise bifurcation of Assets and Liabilities for Textiles Business, Windmill Business and Real Estate Business are shown to the extent identifiable, other assets and liabilities jointly used by all segments are shown as unallocable.

3. The figures of previous quarter / year have been re-grouped / restated wherever necessary.

Place: Coimbatore Date: 14.08.2021

By Order of the Board sd/- Giulia Bosco DIN: 01898020 Whole-Time Director

AMBO

ATIMI

'Sarada Buitding - 1st Floor 410, Raja Street, COIMBATORE - 641 001 a 2393540, 738127 3, 4393540 e-mai[ : jainramani@yahoo.co. in PAN : AACFJ8319B

INDEPENOENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM STANDALONE FINANCIAT RESUTTS

The Board of Directors Lambodhara Textiles Limited Cl N : 11711 1121994P1C004929 3-A, 'B' Block, 3'c Floor, Pioneer Apartments, 1075-8, Avinashi Road, Coimbatore - 641 018

• 1. We have reviewed the accompanying statement of Standalone Unaudited Financial Results of Lambodhara Textiles Limited ("the Cornpany''), for the quarter ended June 30, 2021 ("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.
• 1. 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 lndian Accounting Standard 34 "lnterim Financial Reporting" ("lnd AS 34"), prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in lndia. Our responsibility is to express a conclusion on the Statement based on our review.
• 1. We conducted our review of the statement in accordance with the Standard on Review Engagement (SRE) 2410 'Review of lnterim Financial lnformation performed by the independent Auditor of the Entity', issued by the lnstitute of Chartered AccoLintants of lndia (lCAl). A review of interim financial information consists of making inquiries, primarily ofthe 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.
• 1. 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 lndian Accounting Standard and other accounting principles generally accepted in lndia, 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 Jain & Mohan Chartered Accountants FRN 0068965

C. Amrit"WD;f-- FSlSItrin Pa rtne r M.No.023060 UDIN 2IO236 6C.AAAAA

Date: 14th Augult 2021 Place: Coimbatore