NOCIL Ltd — Interim / Quarterly Report 2021

Nov 2, 2021

Regd. Office : Mafatlal House, 3rd Floor, H. T. Parekh Marg, Backbay Reclamation, Churchgate, Mumbai - 400 020, India. Tel.: +91 22 6657 6100, 6636 4062 Fax +91 22 6636 4060

Website: www.nocil.com CIN No. L99999MH1961PLC012003 ARVI ND MAFATLAL GROUP Email: investorcare@nocil.com The ethics of excellence

Date: 2nct November,2021

The Bombay Stock Exchange Limited "P.J. Towers" Dalal Street, Mumbai-400001 Scrip Code: 500730

The National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandfa (East), Mumbai-400051 Symbol: NOCIL

Dear Sir/Madam,

Subject: Outcome of Board Meeting of the Company held on Tuesday, i.e. 2nd November, 2021 for approval of Un-Audited Financial Results (Standalone and Consolidated) for the quarter and half year ended on 30^{1 h}September, 2021

Pursuant to Regulation 30, 33(3)(b) and 33(3)(c)(i) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, read with Circular (Ref No. CIR/ CFO I FACI 62/2016 dated 5th July 2016) and (Ref No. CIR/CFD/CMDl/44/2019 dated 29th March 2019) issued by SEBI, we hereby inform you that the Board of Directors, at its meeting held today i.e. 2nct November, 2021 through Video Conferencing at Mafatlal House, 4th Floor, Backbay Reclamation, Mumbai - 400020 has, inter alia, approved the Un-Audited Standalone and Consolidated Financial Results for the quarter and half year ended on 30th September, 2021 .

Accordingly, we have enclosed the following statements:

• a. Un-Audited Standalone financial results for the quarter and half year ended 30th September, 2021; ^~
• b. Un-Audited Consolidated financial results for the quarter and half year ended 301 h September, 2021;
• c. Statement of Assets and Liabilities and the Cash Flow Statement for the Quarter and half year ended 30th September,2021 and
• d. Limited Review Report dated 2nd November, 2021, submitted by the Company's Statutory Auditors in respect of the Standalone and Consolidated un-Audited financial results.

The meeting of the Board of Directors commenced at 3.30 p.m. (IST) and concluded at 5.05 p.m. (IST). .

We kindly request you to take the above on your records and acknowledge receipt.

Thanking you, Yours faithfully,

ice President (Legal) and Company Secretary

Encl: as above

KALYANIWALLA & MISTRY LLP

CHARTERED ACCOUNTANTS

REVIEW REPORT TO THE BOARD OF DIRECTORS NOCIL LIMITED

LIMITED REVIEW REPORT

• l. We have reviewed the accompanying Statement of Unaudited Standalone Financial Results of NOCIL LIMITED ("the Company") for the quarter and half year ended September 30, 2021, together with the notes thereon, ("the Statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, (initialled by us for identification). This Statement which is the responsibility of the Company's Management has been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on November 2, 2021, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 ' Interim Financial Reporting' ('Ind AS 34'), prescribed under Section 133 of the Companies Act, 2013 ("the Act") read with relevant Rules issued thereunder, as applicable and other accounting principles generally accepted in India. Our responsibility is to issue a report on the Statement based on our review.
• 1. 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. 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 provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.
• 1. 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 applicable accounting standards 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, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement

M. No.: 4 454 UDIN: 21042454AAAAF08456

Mumbai: November 2, 2021.

~ DMAllJWGmur

NOCIL LIMITED

Regd. Office : MafatJal House, 3rd Floor, H. T. Pa.rekh Marg, Backbay Reclamation, Churchgate, Mumbai - 400 020, lndia. Website: www.nocil.com, Email : invtstorcart@nocil.com, CLN: L99999MRl961PLC012003

							f. in Lakhs
					Standalone
Sr. No.	Particulars		For the Quarter ended on		OD		For the Six Months ended For the year ended on
			30.09.2021 30.06.2021 30.09.2020		30.09.2021	30.09.2020	31.03.2021
					(Unaudited) (Unaudited) <unaudited) (unaudited)="" <unaudited'<="" th="">		(Audited)			(Audited)
l	Revenue from Operations	37,5 16	34,450	22, 159	71,966	32,8 10	92,466
2	Other Income	223	68	63	291	1,080	1428
3	Total Income (1+2)	37,739	34,518	22,222	72,257	33,890	93,894
4	Expenses
	a) Cost of materials consumed	22,953	20,976	12.064	43,929	16,029	47,876
	b) Purchases of stock-in-trade c) Change in inventories of finished goods, work-in-progress and	48	54	34	102	46	142
	stock-in-trade	(700)	(3,609)	(599)	(4,309)	896	2,460
	d) Employee benefits expense	1.875	2,090	1,731	3,965	3,317	6,722
	e) Finance costs	19	23	26	42	51	96
	f) Depreciation and amortisation expense	1.037	1.022	878	2,059	1,756	3,607
	g) Other expenses	8,395	7,643	5,782	16,038	8.582	22,573
	Total Expenses	33,627	28,199	19,916	61 ,826	30,677	83,476
5	Profit Before Tax (3-4)	4,112	' 6,319	2,306	10,431	3,213	10,418
6	Tax Expense
	Current Tax	897	1,462	459	2,359	652	2,416
	Excess provision for tax relating to earlier years	-	-	I	-	(5 14)	(1,285)
	Deferred Tax Total Tax Expense	164 l,061	149 1,611	182 642	313 2,672	235 373	638 1,769
7	Profit Arter Tax (5-6)	3,051	4,708	1,664	7,759	2,840	8.649
8	Other Comprehensive Income (OCT)
	a) Items that will be reclassified to profit or loss b) Items that will not be reclassified to profit or loss	-	-	-	-	-	-
	Remeasurements of the defined benefit plans	(2)	(2)	46	(4)	66	128
	Income· tax on remeasurements of defined benefit plans	-	-	5	-	5	(1)
	Change in the fair value of investments in equity instruments	853	968	( 194)	1,821	330	565
	Income-tax on Change in the fair value of investments in equity instruments	(83	(11 3)	23	(196)	(36'	(59'
	Other Comprehensive income for the period	768	853	(120)	1,621	365	633
9	Total Comprehensive income for the period (7+8)	3,819	5,561	1,544	9,380	3,205	9,282

1

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NOCIL LIMITED

Regd. Office : Mafatlal House, 3rd Floor, H. T. Parekh Mug, Bukbay Rttlamation, Churchgate, Mumbai - 400 020, India. Website: www.nodl.com, Email : investorure@nocil.com, CIN: L99999MHl961PLCOJ2003

	STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED 30 SEPTEMBER 2021
							f . in Lakhs
					Standalone
Sr.	Particulars		For the Quarter ended on				For the Six Months ended For the year
No.					on		ended on
		30 .09.2021		30.06.2021 30.09.2020	30.09.2021	30.09.2020	31.03.2021
					(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited)		(Audited )
JO	Net Profit attributable to :
	(a) Owners of the company	3,051	4,708	1,664	7,759	2,840	8,649
	(b) Non-Controlling Interests
11	Other Comprehensive Income attributable to :
	(a) Owners of the company	768	853	(120)	1,621	365	633
	(b) Non-Controlling Interests
12	Total Comprehensive Income attribut1ble to :
	(a) Owners of the company	3,819	5,561	1,544	9,380	3.205	9.282
	(b) Non-Controlling Interests
13	Paid-up Equity Share Capital (Face value~. IOI- each)	16,644	16.637	16,593	16,644	16,593	16,622
14	Reserves (excluding Revaluation Reserves )	-	. -	-	-	-	1, 10,728
15	Eamfags per share (on .IOI- each} (not annualised)
	- Basic	1.83	2.83	1.00	4.66	J.71	5.21
	- Diluted	1.83	2 82	1.00	4.65	1.71	5.20
	Refer accomnanvinl!. notes to the financial results

For and on behalf of the Board,

F°'NOC~

SR Deo Managing Director DIN : 01122338

Place: Mumbai Date: 02 November 2021

KALYANIWALLA & MISTRY LLP

r

CHARTERED ACCOUNTANTS

Independent Auditor's Review Report on Review of Consolidated Unaudited Quarterly and Year to Date Financial Results of tlie Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

TO THE BOARD OF DIRECTORS OF NOCIL LIMITED

• I. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of NOCIL LIMITED ("the Parent") and its subsidiary (the Parent and its subsidiary together referred to as "the NOCIL Group") for the quarter and six months ended September 30, 2021, together with the notes thereon, (''the Statement") attached herewith, being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (initialled by us for identification).
• 1. This Statement which is the responsibility of the Parent's Management and approved by the Parent's Board of Directors at its meeting held on November 02, 2021, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 'Interim Financial Reporting' ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. 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 Engagements (SRE) 2410 'Review of Interim Financial Infonnation Performed by the Independent Auditor of the Entity', issued by the Institute of Chartered Accountants of India. A review of interim financ.ial information consists of making inquiries, primarily of persons 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 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.

1. The Statement includes the results of the Company's wholly owned Subsidiary, PIL cr.Jl.micals Limited.

LLP IN : AAH • H37 REGISTERED OFFICE : ESPLANADE HOUSE , 29, HAZARIMAL SOMANI MARC , FORT, MUMBAI 400 001 TEL. : (91) (21) 6158 6200 , 6158 7200 FAX : (91) (22) 6158 6275

• 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review report of the other auditor 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.
• 1. We did not review the interim financial result of a subsidiary included in the Unaudited Consolidated financial results of NOCIL Group; whose financial results reflect total assets of Rs. 4,232 lakhs as at September 30, 2021, total revenues of Rs. 474 lakhs and Rs. 903 lakhs, net profit after tax of Rs. 47 lakhs and Rs. 98 lakhs and total comprehensive income of Rs. 42 lakhs and Rs. 93 lakhs for the quarter ended September 30, 2021, and for the period from April 1, 202 I to September 30, 2021, respectively and cash inflows (Net) of Rs. 84 lakhs for the period from April l, 2021 to September 30, 202 1, as considered in the Unaudited Consolidated financial results. These interim financial results have been reviewed by other auditor whose report has been furnished to us by the Management and our conclusion on th.e 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 and the procedures performed by us as stated in paragraph 3 above.

Our conclusion on the Statement is not modified in respect of the above matter.

For KALYANIWALLA & MISTRY LLP CHARTERED ACCOUNTANTS

Firm Re&!l. No.: 1Blt7W I Wl00166 9 µab

D . Fraser PART R M. No.: 42454 UDIN: 21042454AAAAFP4989

Mumbai: November 02, 202 l .

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NOCIL LIMITED

Regd. Office : Mafatlal House, 3rd Floor, H. T. Parekh Marg, Backb:ay Reclamation, Churchgate, Mumbai - 400 020, India. Website : www.nocil.com, Email : investorcare@nocil.com, CIN : L99999MHJ961PLC012003

							~.in Lakhs
					Consolidated
Sr.No.	Particulars		For the Quarter ended on		For the Six Months ended on		For the year ended on
		30.09.2021	30.06.2021	30.09.2020	30.09.2021	30.09.2020	31.03.2021
		(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Audited)
I	Revenue from Operations	37,516	34,450	22,159	71,966	32,810	'92,466
2	Other lncome	137	81	74	218	1,103	1,472
3	Total Income (1+2)	J.7,653	34,531	22,233	72,184	33,913	93,938
4	Expenses
	a) Cost of materials consumed	22,953	20,976	12,064	43,929	16,029	47,876
	b) Purchases of stock-in-trade	48	54	34	102	46	142
	c) Change in inventories of finished goods, work-in-progress and
	stock-in-trade	(695)	(3,610)	(592)	(4,305)	887	2,445
	d) Employee benefits expense	1,950	2,171	1,820	4,121	3,467	7,005
	e) Finance costs	19	23	26	42	51	97
	t) Depreciation and amortisation expense	1,068	1,054	913	2,122	1,828	3,743
	g) Other expenses	8,232	7,487	5,638	15,719	8,343	,917 21
	Total Expenses	J.3,575	28,155	19,903	61,730	30,651	83,225
5	Profit Before Tax (3-4)	4,078	6,376	2,330	10,454	3,262	10,713
6	Tax Expense
	Current Tax	917	1,482	469	2,399	669	2,519
	Excess provision for tax relating to earlier years	-	-	1	-	(514)	(1,274)
	Deferred Tax	162	153	178	315	230	627
	Total Tax Expense -	1,079	1,635	648	2,714	385	1,872
7	Profit After Tax (5~)	2,999	4,741	1,682	7,740	2,877	8,841
8	I .:,.' ~~ U> Other Comprehensive Income (OCl) a) Items that will be reclassified to profit or loss ~. I	-	-	-	-	-
	b) Items that will not be reclassified to profit or loss •'f' , ?:."' >,,_ Remeasurements of the defined benefit plans )[	(3)	(5)	45	(8)	65	129
	~ Income-tax on remeasurements of defined benefit plans	-	I	5	I	5	( I)
v--	Change in the fair value of investments in equity instruments	849	970	( 195)	1,819	332	572
	Income-tax on Change in the fair value of investments in equity instruments	(83)	(113)	23	{196)	(36'	(59)
	Other Comprehensive income for the period	763	853	(122)	1,616	366	641
9	Total Comprehensi\fe income for the period (7+8)	3,762	5,594	1,560	9,356	3,243	9,482

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NOCIL LIMITED

Regd. Office : Mafatlal House, 3rd Floor, H. T. Parekh Marg, Backb·ay Reclamation, Churchgate, Mumbai - 400 020, India. Website : www.nocil.com, Email: investorcare@nocil.com, CIN : L99999MBl961PLCOl2003

							f . in Lakhs
					Consolidated
Sr. No.	Particula rs		For the Quarter ended on			For the Six Months ended on	For the year ended on
		30.09.2021	30.06.2021	30.09.2020	30.09.2021	30.09.2020	31.03.2021
		(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Audited)
10	Net Profit attributable to :
	(a) Owners of the company	2,999	4,741	1,682	7,740	2,877	8,841
	(b) Non-Controlling Interests	-	-	-	-	-	-
11	Other Comprehensive 1.ncome attributable to :
	(a) Owners of the company	763	853	(122)	1,616	366	641
	(b) Non-Controlling Interests	-	-	-	-	-	-
12	Total Comprehensive Income attribut.able to :
	(a) Owners of the company	3,762	S,594	1,560	9,356	3,243	9,482
	(b) Non-Controlling Interests	-	-	-	-	-	-
13	Paid-up Equity Share Capital (Face alue~ . 10/- each)	16,644	16,637	16,593	16,644	16,593	16,622
14	Reserves ( excluding Revaluation Reserves )	-	' -	-	-	-	1, 11 ,85 1
IS	Earnings per share (on . 10/- each) (not annualised)
	- Basic	J.80	2.85	1.02	4.65	1.74	5.33
	- Diluted	1.79	2.84	1.02	4.63	1.74	5.32
	Refer accompanying notes to the financial results

For and on behalf of the Board,

For NOC LL Limited

SRDw b

Managing Director DIN : 01122338

Place: Mumbai Date: 02 November".?021

NOCIL LlMlTED

Regd. Office : Mafatlal Rouse, 3rd Floor, B. T. Parekh Marg, Backbay Reclamation, Churchgate, Mumbai - 400 020, India. Website: www.nocilcom, Email : investorcarc@nocil.com, CIN: L99999MH1961PLC012003

						t. in Lakbs
		Standalone			Consolidated
Particulars	30, 2021 (Unau,dited)	As at September As at September As at March 30, 2020 (Unaudited)	31, 2021 (Audited)	30,2021 (Unaudited)	As at September As at September 30, 2020 (Unaudited)	As at March 31, 2021 (Audited)
ASSETS
Non-currenl assets
(a) Property, Plant and Equipment	87,852	75,301	89,016	90,400	78,023	91 ,601
(b) Capital work-in-progress	2,292	15,761	1,397	2,298	15,765	1,410
(c) Investment Property	43	45	44	43	45	44
( d) Intangible assets	96	133	114	99	135	117
(e) Investments in Wholly Owned Subsidiary	2,504	2,504	2,504	-	-	-
(f) Financial Assets
(i) Other lovestments	3,690	2,777	2,471	3,717	2,796	2,498
(ii) Other financial assets	678	614	680	727	665	729
(g) Non-current tax assets	l,626	' 979	1,538	1,740	1, 164	1,669
(h) Other non-current assets	1,053	1,258	1, 111	1,063	1,267	1, 126
Currenl Assets Tolal Non -	99,834	99,372	98,875	1,00,087	99,860	99,194
urrent assets C
(a) Inventories	25,983	13,354	16,525	26,020	13,380	16,566
(b) Financial Assets
(i) Investments	1,853	2,798	3,239	2,875	3,519	4,345
(ii) Trade receivables	33,380	21,325	30,856	33,380	21 ,325	30,856
(iii) Cash and cash equivalent	845	6,067	4,409	1,005	6,184	4,485
(iv) Bank balances other than (iii) above	374	375	3,556	374	375	3,556
(v) Other financial assets	140	11 6	145	154	141	15 1
( c) 0th.er current assets	1,971	2,610	2,285	1,998	2,632	2,306
- Total Current Assets	64,546	46,645	61,015	65,806	47,556	62,265
\, ' & ff.,'\"/ I I "'.'n ~	1 64180 Tolal Assets	146017	1 59890	165893	,I 47 416	I 61 459

~1) ~ t-.;, ~ ~ o.A.

NOCIL LIMITED

Regd. Office : Malatlal Rouse, 3rd floor, H. T. Parekh Marg, Backbay Reclamation, Chu rchgate, Mumbai - 400 020, India . Website : www.nocilcom, Email : investorcare@nocilcom, CIN : L99999MH l961PLC012003

						. In Lakhs f
		Standalone			Consolid ated
Particulars	As at September 30, 202 1 (Unau dited)	As at September 30, 2020 (Una udited)	As at March 31, 2021 (Audited)	As at September 30,2021 (Unaud ited)	As at September 30, 2020 (Unaudited)	As at March 31, 202 1 (Audited)
EQUITY AND LIABILITIES
Equity
(a) Equity Share capital	16,644	16,593	16,622	16,644	16,593	16,622
(b) Other Equity	1, 16,944	1,04,445	1,10,728	1,18,042	1,05,404	1,11 ,851
Total equity	1,33,588	1,21,038	L,27,350	1,34,686	1,21,997	1,28,473
Lia bilitits
Non-current liabilities
(a) Financial Liabilities
( i) Lease Liability	361	569	386	361	569	386
(b) Provisions	1,690	1,561	1,563	1,747	1,611	1,610
(c) Deferred tax liabilities (Net)	10,071	9, 130	9,563	10,463	9,527	9,954
(d) Other 000-i:llrreDt liabilities	-	7	-	-	7	-
Current Liabilities Total Non -	U ,122	11 ,267	Jl,512	12,571	11,714	11,950
rrent liabilities Cu
(a) Financial Liabilities
(i) Trade payables
(a) total outstanding dues of micro and small enterprises	65 1	425	485	659	430 9,504	496 16,530
(b) total outstanding dues of creditors other than micro and small enterprises	13,926	9,541	16,61 1	13,841
(ii) Lease Ii ab iii ty	228	213	175	228	213	175
(iii) Other financial liabilities	2,659	2,654	2,466	2,660	2,656	2,470
(b) Other current liabilities ( c) Provisions	757 449	419 460	653 534	780 460	433 469	677 558
(d) Current Tax Liabilities (Net)	-	-	104	8	-	130
Total Current Liabilities	18,670	13,712	21,028	18,636	13,705	21,036
Total Equity and Liabilities	1,64,380	1,46,017	J,59,890	1,65,893	1,47,416	1,61,459

For a nd on behalf or the Board,

~ Director

::~ Managing DIN : 011 22338

Place: Mumbai. ^~ Date: 02 November 2021

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NOCrL LIMITED Rtgd. Offict : Maratlal ~ 3rd Floor, H. T. Partkb Marg, Badtbay Rtdamation, Chul"l'hgatt , Mumbai - 400 020, lndi•. Wtbsitt : www.nocilcom, Email : investorcarf@nocil.com, CIN : L99999MH1961PLC012003

						t. in L•.klu
P1rticul1rs	For period tndtd Stpttmbtr 30, 2021	Studalont For period udtd Stpttmbtr 30, 2020	For yea r tndtd	For period tndtd Mal"t'b 31, 202 1 Stpttm.btr 30, 2021 Stpttmbtr 30, 2020	Consolidattd For period tndtd	ndtd For year t Mardi 31, 2021
	(Uuudittd)	(Uuudittdl	CAudittdl	(Unaudittdl	(Unaudittdl	CAudittdl
A Cash nows from operatin2 activities
Profit before tax	10,431	3,213	10,418	10,454	3,262	10,713
Adjustments for:
Finance costs	42	51	96	42	51	97
Interest mcome	(62)	( 1,008)	( 1,150)	(72)	(1,024)	(1,176)
Dividend income•	( IOL)	(0)	-	(I)	(2)	(2)
Miscellaneous Income	-	-	(7)	-	-	(7)
Loss on disposal I scrapping I write off of prope.rty, plant and equipment•	9	0	23	9	0	81
Excess prov1Sion for earlier years wrinen back	( 126)	(59)	( 146)	(126)	(59)	(147)
VAT Set Off Reversal	-	-	30	-	-	30
Fair Value (gain)/loss on investments	(52)	(1 25)	(167)	(68)	(130)	(In)
Depreciation I amortisation expenses	2,059	1,756	3,607	2,122	1,828	3,743
Unrealised forc1gl'I exchange revaluation	(99)	(24)	(69)	(99)	(24)	(69}
Expense recognised 111 respect of equicy-scnlcd share-based payments	18	, 48	96	18	48	96
Rent from Investment Property	(19)	( 19)	(39)	( 19)	(19)	(39)
lncome from Redemption of Mutual Fund	(49)	(I)	(56)	(50)	(I)	(61)
Remeasurement of defined benefit liabilities I (asscts) through OCI	(4'	66	128	{81	65	129
Opentin2 profit btfore workio2 capital chan2es (i)	12,047	3,898	12,764	12,202	3,.995	13,2ll
Adjusunents for:
(IncreascYDecreasc an Trade Receivables	(2,475)	(1,035)	(10,459)	(2,303)	(994)	(10,418}
(Increase ¥Decrease in lnventones	(9,458)	258	(2,913)	(9,454}	263	(2,923)
(lncreasc)/Dcx:reasc in Other Assets - Current & Non Current	326	1,5 17	2,008	325	1,509	1,995
KJnereascYDecreasc in Other Financial Assets - Current & Non Current	(63)	(18)	(48)	(63)	( 18)	(46)
lncreasc/(Decrcase) an Trade Payable	(2,415)	1,136	8,272	(2,594)	1,025	8, 136
lncrease/(Decreasc) in Provisions - Current & Non Current	4 3	(274)	(199)	40	(266)	( 195)
lncreasc/(Dcx:reasc) in Other Financial Liabilities - Current I Non Current	230	(467)	(327)	230	(467)	(327)
1ncreasc/(Decrease) in Other Liabilities - Current	104	52	(50)	105	51	(42)
Cbangts in Working C•pital (ii)	(13,708)	1,169	(3,716)	(13,714)	1,103	(3,820)
C•sh gtnu•ltd from ope.rations (iii) • (l+ii) -	(1,661)	5,067	9,048	(l ,512)	5,098	9,391
- ' lncome taxes oaid) I Refund (net) (iv) -~ #' '., - -' oi: Ntl cash uatnltd bv ooenlin.2 activitits (v)= Ciii)+(ivl	(2 550) (4 21 ll	1,439 64'M	(10) 9038	(2 595) ,. 107)	1,430 6,528	(35) 9,356

'I ~r. l l'(p' ~ ~ S1 . . ~7'. ,.f'A ~ )/ . ~

~ MAIAHAL GROur

NOCIL LfMITE.D

Rtgd. Office : Mlfatlal House, 3rd Floor, H. T. Parekh Marg, Backbay Reclamation, Churchgatt, Mumbai - 400 020, lndia. Website: www.nocilcom, Email: investorcare@nocil.com, CIN: L99999MH1961PLC012003

</unaudited)<></audited)<></un1udiledl<></unaudited)<></unaudited)<></audited)<></un1udiledl<></unaudited)<></audited)<></unaudited)<>

STATEMENT OF STANDALONE AND CONSOLIDATED CASH FLOWS FOR THE PERIOD 1 APRJL 2021 TO 30 SEPTEMBER 2021
						t . in Lakhs
		Standalone			Consolidated
Particula.rs	For period ended Stpttm ber 30, 2021 September 30, 2020 <unaudited)< th="">	For period ended <un1udiledl< th="">	For year ended March 31, 2021 <audited)< th="">	For period ended September 30, 2021 <unaudited)< th="">	For period ended September 30, 2020 fUn1Udited)	For year ended Much 31, 2021 {Audited)	For period ended <un1udiledl< th="">	For year ended March 31, 2021 <audited)< th="">	For period ended September 30, 2021 <unaudited)< th="">	For period ended September 30, 2020 fUn1Udited)	For year ended Much 31, 2021 {Audited)	For year ended March 31, 2021 <audited)< th="">	For period ended September 30, 2021 <unaudited)< th="">	For period ended September 30, 2020 fUn1Udited)	For year ended Much 31, 2021 {Audited)	For period ended September 30, 2021 <unaudited)< th="">	For period ended September 30, 2020 fUn1Udited)	For year ended Much 31, 2021 {Audited)	For period ended September 30, 2020 fUn1Udited)	For year ended Much 31, 2021 {Audited)
B Cash n ows from investin2 activities
Payments to acquire financial assets	(11,897)	(I .ClOO)	( 12,882)	(11,897)	(1,003)	( 13,632)
Proceeds on redemption of financial assets	17, 165	611	9,500	17,265	611	9,875
Income from Promoter Entities post merger	-	-	7	-	-	7
Interest received	132	62	122	134	65	153
Dividends received•	IOI	0	0	I	2	2
Payments for purchase of property, plant and equipment	(1,652)	(961)	{2,637)	(1 ,674)	(971)	(2,659)
Proceeds from disposal of property, plant and equipment	(L)	-	21	(I)	-	41
Rent from Investment Property	19	19	39	19	19	39
Pavments for intangible assets	(J	(34'	(36	(3)	(34)	(36'
Net cash {used io)/2enerated bv investinl! activities (vii	3.864	(1.303)	{S.8661	3,844	(1,311)	(6,210)
c Cash nows from financin2 activities
Proceeds from issue of ESOPs	167	183	370	167	183	370
Dividends paid	(3,326)	(68)	{71)	(3,326)	(68)	(71)
Interest paid on lease liability	(24)	(33)	(59)	(24)	(33)	(59)
Principal payment of Lease Liability	(104)	(74)	(175)	( 104)	(74)	( 175)
Interest oaid	(2)	(I)	(37)	(2)	(I)	(38'
Net cash used in finaocin2 activities (vii)	13.289'	7	28	(3 289)	7	27
Net (decrta.se)/incruse in cash and cash equivalents (v+vi+vii)	(3,636)	5,210	3,200	(3,552)	5,224	3, 173
Cash and cash equivalents at the beginning of the period	4,409	837	837	4,485	940	940
Unrealised foreign exchange restatement in Cash and cash equivalents	72	20	36	n	20	36
ACQuired Pursuant to the Scheme of Merger	-	·-	336	-	-	336
Cash and cash eauivalents at the end of lht 0triod	845	6.067	4 409	I 005	6184	4 485
Reconciliation or tash and cash equivalents with the .Balantt Shed:
Cash and cas h equival.ents at tnd or the period (including otbtr bank balances)	1,219	6,442	4,781	1,379	6,559	4,857
Less: Bank balances held as margin money against guarantees not considered as Cash and cash eauivalents	(374)	(375)	(372}	(374)	(375)	(372)
Cash and cash equivalents at end or the period	845	6,067	4,409	1.005	6,184	4,485

• AmounJ less than r. 0.50 lakhs

Note:

The above cash flow statement has been prepared under the "indirect Method" as set oul in the Indian Accounting Standard (IND AS • 7) "Statement of Cash Flow". F0<NOC~

For and on behalf or the Board,

S RDto Managing Di.rector DlN : 01121338

Plate: Mumbai D1te: 02 November 2021

'

NOCIL LIMITED

Regd. Office : Mafatlal House, 3rd Floor, ff. T. Parekh Marg, Backbay Reclamation, Churchgate, Mumbai - 400 020, India. Website : www.nocil.com, Email : investorcare@nocil.com, CIN : L99999MH1961PLC012003

Notes:

• The above Statement of Standalone & Consolidated Unaudited financial results ("financial results") are prepared and published in accordance with Regulation 33 of the SEBl (Listing Obligations & Disclosure Requirements) Regulations, 2015, as amended. These financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on November 2, 2021. These financial results are prepared in accordance with the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 20 13, read with the relevant Rules thereunder and other accounting principles generally accepted in India.
• 2 The Company is primarily engaged in the business of manufacture of Rubber Chemicals, which in the context of Indian Accounting Standard (Ind AS) 108 on' Operating Segments', constitutes a single reportable segment.
• 3 The Unaudited consolidated financial results of NOCIL Limited have been prepared in accordance with Ind AS 110 'Consolidated Financial Statements'. Financial results of the wholly owned subsidiary company, PIL Chemicals Limited (together referred to as the NOClL Group), have been consolidated with the Company.
• 4 The figures for the corresponding previous periods have been regrouped I restated, wherever necessary to conform with current period's classification.

For and on behalf of the Board,

For NOCIL Limited

~ Director

SRDeo Managing DIN: 01122338

Place: Mumbai Date: 02 November 2021