Regd. Office & Corporate Office: 376, Industrial Area-A, Ludhiana -141003 (INDIA) ~~ ~~ Phones: 91-161-2600701 to 705, 2606977 to 980 Fax: 91-161--2222942,2601956. E-mail: [email protected] Website: www.owmnahar.com CIN No. : L17115PB1988PLC008820

NPFLlSD/20181 November 12, 2018

The NATIONALSTOCKEXCHANGEOF INDIA LTDThe GeneralManagerExchangePlaza, 5th Floor,Plot No. Cl1, G-BlockBandra-KurlaComplex,Bandra(E)MUMBAI-400 051	TheBSELTDThe GeneralManager,25th Floor, P.J. Tower,Dalal Street,MUMBAI- 400 001
SYMBOL:	SCRIP CODE:
NAHARPOLY	523391

SUB: UN-AUDITED FINANCIAL RESULTS FOR THE OUARTER I HALF YEAR ENDED 30TH SEPTEMBER. 2018 (OUTCOME OF BOARD MEETING)

Sir,

Pursuant to the Regulation 30 read with Part A of Schedule illAnd Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith copy of the Un- Audited Standalone Financial Results for the quarter 1 half year ended 30th September, 2018 duly approved by the Board of Directors in their meeting held on November 12, 2018 along with Limited Review Report on the above said Financial Results for the quarter ended 30.09.2018 by M/s. YAPL & Co., Chartered Accountants, Ludhiana.

The meeting of the Board of Directors Commenced at 4:00 p.m. and concluded at 4:30 p.m.

Kindly display the same on the notice board/website of the Exchange for the information of the general public as well as members of the Exchange.

Mumbai: 414, Raheja Chambers, 213 Nariman Point, Mumbai-400 021 Phones: 91-22-22835262, 22835362 Fax: 91-22-22872863 Email: [email protected]

Gurgaon : Flat No. 22-B, Sector-1S, Gurgaon-120 015 (INDIA) Phones: 91-124-2430532 - 2430533 Fax: 91-124-2430536 Email: [email protected]

Regd. Office & Corporate Office: 376, Industrial Area-A, Ludhiana - 141 003 (INDIA) ~ ~~ Phons : 91-161-2600701 to 705,2606977 to 980 Fax: 91-161--2222942, 2601956. OF E-mail: [email protected] Website: www.owmnahar.com

CINNo. : L17115PB1988PLC008820

							Rs (In lacs)
			For the quarterended			For the Six Months ended	Year ended
SrNo	PARTICULARS	3 months ended(30.09.2018)n-Audited	Preeedin& 3months ended(30.06.2018)Un-Audited	Correspondin&3 months ended(30.09.2017)n-Audited	Year to dateftgures forcurrent periodended(30.09.2018)a-Audited	Year to datefi&ures forprevious periodended(30.09.2017)n-Audited	Previous yearended(31.03.2018)Audited
	Revenue
1234a	Revenue from OperationsOther IncomeTotal RevenueExpenses:Cost of materials consumed	6597.66152.796750.455236.55	7122.746.557129.295729.45	5735.85279.426015.274515.29	13720.40159.3413879.7410966.00	12500.04299.5412799.588699.260.00	25966.70365.9226332.6219183.780.00
b	Purchase of Stock-in- Trade	8.70	0.00	0.00	8.70
c	Changes in inventories of finished goods, work-inprogress and Stock-in-Trade	88.42	18.71	-327.45	107.13	-12.59	-244.00
d	Employee benefit expense	193.83	183.01	178.74	376.84	364.60	731.65
ef	Excise duty expenseFinance costs	0.0030.93	0.0038.09	-0.2260.61	0.0069.02	769.95132.57	770.10261.97
g	Depreciation and amortization expense	52.25	52.25	359.04	104.50	718.09	1435.39
h	Other expensesPower & FuelOthersTotal Expenses	408.12480.136498.93	428.30455.436905.24	420.04380.205586.25	836.42935.5613404.17	830.30855.3012357.48	1656.101821.9225616.91
5	Profit b~fore exceptional items, CorporateSodal
	Resp(onsibilityExpenditureand tax	251.S2	224.05	429.02	475.57	442.10	715.71
6	Exceptional Items	0.00	0.00	0.00	0.00	0.00	0.00
7	Profit before tax	251.52	224.05	429.02	475.57	442.10	715.71
8	Tu expense:
	(1) Current tax	16.86	53.90	175.81	70.76	284.81	473.34
	(2) Deferred tax	48.78	32.66	-30.55	81.44	-132.38	-267.15
9	Profit for the Period	185.88	137.49	283.76	323.37	289.67	509.52
10	Other ComprehensiveIncome
(i)	(a) Items that will not be reclassified to profit or loss(b) Income tax relating to items that will not be	-1152.26	-196.35	-1704.94	-1348.61	-2833.15	-4428.36
	reclassified to profit or loss	0.00	0.00	0.05	0.00	-0.16	0.00
(ii)	(a) Items that will be reclassified to profit or loss(b) Income tax relating to items that will be reclassifiedto profit or loss	1.91-0.22	4.22-0.49	0.000.00	6.13-0.17	0.000.00	-2.810.30

	Total Other Comprehensive Income for the Period	-1l50.57	-192.62	-1704.89	-1343.19	-2833.31	-4430.87
1112	Total ComprehensiveIncome for the Period	-964.69	-55.13	-1421.13	-1019.82	-2543.64	-3921.35
13	Paid up equity share capital (Rs 5 per share (Face valueof the share shall be indicated)Reserves excluding Revaluation Reserves as per balancesheet of previous accounting year	1229.40	1229.40	1229.40	1229.40	1229.40	1229.40
14	Earning per equity share:
	Basic/Diluted	0.76	0.56	1.15	1.32	1.18	2.07

UN-AUDITED STANDALONE FINANCIAL RESULTS FOR THE OUARTER AND HALF YEAR ENDED 30TH SEPTEMBER. 2018

NOTES:

I The Company is operating in single segment i.e. "BOPP Films" hence Segment Reporting as required under Ind-AS 108- ( Operating Segments) is not applicable.

2 The Previous period figures have been recastlregroupedlrearranged wherever necessary to make them comparable.

3 The above results were reviewed by the Audit Committee and thereafter approved by the Board of Directors at their meeting held on 12th November, 2018. The financial results have been sunjected to Limited Review by Statutory Auditors of the Company.

wWIT' . ~HARMA PLACE: LUDHIANA (EXECUTIVE DIRECTOR)

DATED: NOVEMBER 12, 2018 D1N:0040271l

Mumbai: 414, Raheja Chambers, 213 Nariman Point, Mumbai-400 021 Phones: 91-22-22835262, 22835362 Fax: 91-22-22872863 Email: [email protected]

Gurgaon : Flat No. 22-8, Sector-18, Gurgaon-120 015 (INDIA) Phones: 91-124-2430532 - 2430533 Fax: 91-124-2430536 Email: [email protected]

Regd. Office & Corporate Office: 376, Industrial Area-A, Ludhiana - 141 003 (INDIA) OF Phones: 91-161-2600701 to 705,2606977 to 980 Fax: 91-161--2222942,2601956. E-mail: [email protected] Website: www.owmnahar.com CIN No. : L17115PB1988PLC008820

		IndAS	IndAS
Sr. No.	Particulars	at 30th September	at 31st March
		?n1R	?n1R
		Un-Audited	Audited
A	ASSETS
	Non-currentassets
	(i)Property, Plant and Equipment	3174.91	3196.08
	(ii)Capital work in progress	0.00	0.00
	(iii)Financial Assets
	(a)Investments	10894.72	12333.19
	(b)Loans	211.12	211.12
	(iv)Non-Current tax assets (net)	151.11	64.76
	(v)Deferred tax assets (net)	330.23	412.38
	Sub-total- Non-CurrentAssets	14762.09	16217.53
	Currentassets
	(i)Inventories	1724.59	1552.04
	(ii)Financial Assets
	(a)Trade receivables	2750.28	3320.30
	Cash and cash equivalents(b)	20.46	42.28
	©Other Bank Balances	22.42	22.46
	(d)Loans	8.33	3.13
	Other Financial Assets(e)	221.29	678.68
	(iii)Other current assets	622.95	407.27
	Sub-total- Current Assets	5370.32
			6026.16
	TOTAL ASSETS	20132.41	22243.69
B.	EQUITY AND LIABILITIES
	(i)Equity Share Capital	1257.77	1257.77
	(ii)Other Equity	16815.94	18022.09
	TOTAL EQUITY	18073.71	19279.86
	Currentliabilities
	(i)Financial Liabilities

	(a)Borrowings	1013.27	1352.27
	(b)Trade and Other Payables	537.27	538.05
	©Other Financial Liabilities	247.00	957.05
	Other current liabilities(ii)	183.20	111.26
	(iii)Current tax liabilities (net)	0.00	0.00
	(iv)Provisions	77.96	5.20
	Sub-total- CurrentLiabilities	2058.70	2963.83
	TOTAL EQUITY AND LIABILITIES	20132.41	22243.69
		For	AHAR POLY FILMS LIMITED
			seW,.
~SATlH
PLACE: LUDHlANA		R SHARMA(EX_lYE DIRECTOR)

DATED: NOVEMBER 12,10t8 DIN:00402712

BALANCE SHEET AS AT 30TH SEPTEMBER 2018

HS. In IBCS HS. tnlBCS

Mumbai: 414, Raheja Chambers, 213 Nariman Point. Mumbai-400 021 Phones: 91-22-22835262, 22835362 Fax: 91-22-22872863 Email: [email protected]

Gurgaon : Flat No. 22-8, Sector-18, Gurgaon-120 015 (INDIA) Phones: 91-124-2430532 - 2430533 Fax: 91-124-2430536 Email: [email protected]

GST No:-03AACFL3265A2ZZ

PAN: AACFL3265A Ph. : 97805 58951 eMail: [email protected]

Ref. No .

YAPL & co.

Chartered Accountants 102-KismatComplex, G. T. Road, Miller Ganj, LUDHIANA-141003. (Punjab)

Dated .

LIMITED REVIEW REPORT

To The Board of Directors, Nahar Poly Films Limited Ludhiana

We have reviewed the accompanying statement of Un-audited Financial Results of Mls. Nahar Poly Films Limited having Registered Office at 376, Industrial Area-A, Ludhiana, for the quarter ended 30th September, 2018 being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as modified by Circular No .CIR/CFDIFAC/62/2016 dated July 05, 2016. This statement is the responsibility of the Company's Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in th 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 issue a report on these financial statements based on our review.

We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, Engagements to 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 financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedure applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.

Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of Un-Audited Financial Results prepared in accordance with applicable accounting standards (Ind-AS) and other recognized accounting practices and Policies has not disclosed the information required to be disclosed in terms of regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIRICFDIFAC/62/2016 dated July 05, 2016 including the manner in which it is to be disclosed, or that it contains any material misstatement.

Place: Ludhiana Date: 12.11.2018

AI assistant

Nahar Polyfilms Ltd. Interim / Quarterly Report 2019