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Rollatainters Ltd. Interim / Quarterly Report 2019
64159_rns_2018-11-22_fe419238-32be-4229-b4aa-bea73edf5360.pdf
Interim / Quarterly Report
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ROLLATAINERS LIMITED
Registered Office: Plot No. 73-74, Phase-III, Industrial Area, Dharuhera, District Rewari, Haryana-123106 Tel. : 01274-243326, 242220 E-mail: www.ro||atainers.in CIN: L21014HR1968PLC004844
Ref: RTL/BSE/NSE/2018-l9 November 22, 2018
| The ManagerListingDepartmentBSE Limited,Phiroze Jee Jee BhoyTowers,Mumbai400001Dalal Street,— | The SecretaryofIndiaNationalStockTheExchangeLimited,"Exchange Plaza",Plot No. C/5th Floor,1, G-Block,Bandra — KurlaComplex,Mumbai-400051Bandra (E), |
|---|---|
| BSE SECURITY | ROLLT |
| CODE: | NSE TRADING |
| 502448 | SYMBOL: |
Subject: Outcome of Board Meeting -Unaudited Financial Results for the quarter and half year ended September 30, 2018 under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir/Ma'am,
Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosures Requirement) Regulations, 2015, we wish to inform you that the Board of Directors of the Company in its meeting held today i.e. Thursday, November 22, 2018 has inter-alia approved the Un—audited Financial Results (Standalone and Consolidated) of the Company for the'Quarter and Half year ended September 30, 2018. Consequent to the same, we enclose, in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the following:
-
- The Un-audited Financial Results (Standalone and Consolidated) of the Company for the Quarter and Half year ended on September 30, 2018.
-
- Limited Review Report on the aforesaid Un-audited Financial Results (Standalone and Consolidated) of the Company for the Quarter and Half year ended on September 30, 2018.
The said results have been uploaded on the website of the BSE Limited, National Stock Exchange of India Limited and on the website of the Company at http://www.rollatainers.in.
The meeting commenced at 04:00 RM. and concluded at 05:50 P.M.
You are requested to take the same on records.
Thanking You,
Yours Faithfully For Rollatainers Limited
\Moww"
ank' ahendru ( ompany Secretary)
| Standalone | (Rs. in Lakhs) | ||||||
|---|---|---|---|---|---|---|---|
| Sr. No. | Particulars | Quarter Ended | Half year Ended | 30.09.2017 | Year Ended31.03.2018 | ||
| 30.09.2018(Unaudited) | 30.06.2018(Unaudited) | 30.09.2017(Unaudited) | 30.09.2018(Unaudited) | (Unaudited) | (Audited) | ||
| 1 | Income from Operations | ||||||
| (a) Revenue from operations | $\omega$ | 1,288.00 | 1,601.00 | ||||
| (Net of excise duty)(b) Other Income | 0.26 | $\omega$ | 68.00 | 0.25 | 141.00 | 144.00 | |
| 0.26 | $\downarrow$ | 68.00 | 0.26 | 1,429.00 | 1,745.00 | ||
| Total income from operations | |||||||
| $\overline{z}$ | Expenses | $\blacksquare$ | 1,172.00 | 1,542.00 | |||
| (a) Cost of materials consumed(b)Cost of Goods Traded-in | |||||||
| (c) Changes in inventories of finished goods, | ×. | ||||||
| work-in-progress and stock-in-trade | 10.73 | 16.00 | 39.00 | 26.73 | 71.00 | 152.00 | |
| (d) Employee benefits expense(e) Depreciation and amortisation expenses | 124.12 | 6.00 | 10.00 | 130.12 | 11.00 | 24.00 | |
| (f) Finance Cost | 12.51 | 12.00 | 8.00 | 24.51 | 22.00 | 44.00 | |
| (g) Other expenses | 6.16 | 21.00 | 39.00 | 27.16 | 44.00 | 143.00 | |
| Total expenses | 153.51 | 55.00 | 95.00 | 208.51 | 1,320.00 | 1,905.00 | |
| 3 | Profit /(Loss) before exceptional and extraordinary items and tax (1-2) | (153.25) | (55.00) | (27.00) | (208.25) | 111.00 | (160.00) |
| 4 | Exceptional Items | r. | 3,353.00 | 3,353.00 | (219.00) | ||
| 5 | Profit / (Loss) before extraordinary items and tax (3±4) | (153.25) | (55.00) | 3,326.00 | (203.25) | 3,404.00 | 59.00 |
| 6 | Tax expense | ||||||
| Current Tax | 912.34 | 913.00 | 912.34 | 913.00 | 161.00 | ||
| -Deffered taxTotal Tax Expenses | 912.34 | 913.00 | 912.34 | 913.00 | 161.00 | ||
| 7 | Profit / (Loss) for the period (5 - 6) | 759.09 | (55.00) | 2,413.00 | 704.09 | 2,551.00 | 102.00 |
| 8 | Other Comprehensive income (OCI) | ||||||
| alltems that will not be classified to profit & Loss | |||||||
| -Remeasurement benefits (Losses) on defined benefit obligation | |||||||
| -Gain (Loss) on fair value of equity investmentsIncome tax on items that will not be classified to profit or loss | |||||||
| biltems that will be classified to profit or loss | |||||||
| Income tax relating to Items that will be classified to profit or loss | |||||||
| Total other Comprehensive Income (Net of Tax) | 759.09 | (55.00) | 2,413.00 | 704.09 | 2,551.00 | 102.00 | |
| 910 | Total Comprehensive income for the period (7+8)Paid-up equity share capital (Face Value of Rs. 1/each) | 2,501.00 | 2,501.00 | 2,501.00 | 2,501.00 | 2,501.00 | 2,501.00 |
| Reserve excluding Revaluation Reserves as | |||||||
| 11 | per balance sheet of previous accounting year | $\tilde{\phantom{a}}$ | |||||
| 12 | Earnings per share of Re 1/- each | à. | (0.02) | 0.96 | 0.28 | 1.02 | |
| (a) Basic(b) Diluted | 0.300.30 | (0.02) | 0.96 | 0.28 | 3.02 | ||
| Notes: 1 The above Results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meeting held on 22ndNovember, 20182 The format for unaudited quaterly results as prescribed under SEBI's circular CIR/CFD/CMD/15/2015 dated November 30, 2015 has been modified to comply withrequirements of SEBI's circular CIR/CFD/FAC/62/2016 dated July 5, 201 Papplicable to all companies that are rquired to comply with Ind AS.3 Previous period's figures have been re-gouped/re-classified, whereever necessary, so as to make them comparable with the current period's figures. | For ROLLATAINERS LIMITEDPyush GuyWhole Time Director | For ROLLATAINERS LIMITEDDarshan Prasad YadavCFO | $=\int$ |
ŧ
| ROLLATAINERS LIMITED | |||||||
|---|---|---|---|---|---|---|---|
| Regd.Office: 73-74, Phase III, industrial Area, Dharubera (Haryana) - 123106UNAUDITED CONSOUDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER, 2018CIN:121014HR1968PLC004844 | (Rs. In Lakins) | ||||||
| Consolidated | |||||||
| Half year Ended | Year ended | ||||||
| Sr. No. | Particulars | 30.09.2018 | Quarter Ended | 30.06.2018 30.09.2017 | 30.09.2018 | 30.09.2017 | 31.03.2018 |
| (Unaudited) [(Unaudited) (Unaudited) | {Unaudited} {Unaudited} | (Audited) | |||||
| ī | Income from Operations | ||||||
| (a) Revenue from operations | 3.533.60 | 3.465.00 | 9.521.00 | 6,998.60 | 8,292.00 | 13,668.00 | |
| (Net of excise duty) | |||||||
| (b) Other income | 17.48 | 11.00 | 72.00 | 23.48 | 147.00 | 793.00 | |
| Total income from operations | 3,551.08 | 3,476.00 | 3,593.00 | 7,027.08 | 3,444.00 | 14,461.00 | |
| $\overline{z}$ | Expenses | ||||||
| (a) Cost of materials consumed | 1,851.73 | 1,300.00 | 1,498.00 | 3,551.73 | 4,423.00 | 7,454.00 | |
| (b)Cost of Goods Traded-in | 265.00 | 471.00 | |||||
| (c) Changes in inventories of finished goods,work-in-progress and stock-in-trade | (40.20) | (7.00) | 37.00 | ${47.20}$ | 5.00 | (35.00) | |
| (d) Employee beachts expense | 656.95 | 625.00 | 585.00 | 1,281.95 | 1,236.00 | 2,526.00 | |
| (e) Depreciation and amortisation expenses | 464.05 | 386.00 | 422.00 | 850.05 | 790.00 | 1,446.00 | |
| [f] Finance Cost | 282.05 | 12.00 | ${6.00}$ | 294.06 | 22.00 | 104.00 | |
| (g) Other expenses | 1.189.93 | 1,208.00 | 1,172.00 | 2,397.93 | 2,410.00 | 4,818.00 | |
| Total expenses | 4,404.50 | 4,024.00 | 3,974.00 | 3,428.50 | 9,357.00 | 16,313.00 | |
| 3 | Profit /(Loss) before exceptional and extraordinary items and tax (1-2) | $\sim$(853.42) | (548.00) | (331.00) | ${1,401.42}$ | (913.00) | (1,852,00) |
| Ą, | Share of profit/(loss) of an associate/Joint Venture | × | (35.00) | ${177.00}$ | (71.00) | ||
| $\frac{d^2}{2d^2}$ | Profit f (Loss) before exceptional items and tax (4±5) | (853.42) | (548.00) | ${416.00}$ | ${1,401,42}$ | (990.00) | (2,923.00) |
| 6 | Exceptional liems | y | 3,353.00 | 3,353.00 | (2,625.00) | ||
| $\overline{ }$ | Profit / (Loss) before extraordinary items and tax (S±6) | (353.42) | [548.00] | 2,937.00 | ${1,401,42}$ | 2,963.00 | (298.00) |
| ä | Tax expense | ||||||
| Current Tax | |||||||
| Deffered tax | 912.34 | 913.00 | 912.34 | 1.093.00 | 254.00 | ||
| Total Tax Expenses | 912.34 | $\epsilon$ | 913.00 | 912.34 | 1,093.00 | 254.00 | |
| $\Omega$ | Profit / (Loss) for the period (7+8) | 58.92 | ${548.00}$ | 2,024.00 | (489.02) | 1,270.00 | (44.60) |
| 10 | Other Comprehensive income (OCI) | ||||||
| a ftems that will not be classified to profit & Loss | 12.00 | ||||||
| Remeasurement benefits (Losses) on defined benefit obligation | ż | ||||||
| Gain (Loss) on fair value of equity investments | |||||||
| Income tax on items that will not be classified to profit or loss. | |||||||
| items that will be classified to profit or loss | |||||||
| Income tax relating to Items that will be classified to profit or loss | |||||||
| Total other Comprehensive Income (Net of Tax) | |||||||
| 11 | Total Comprehensive income for the period (9+10) | 58.92 | {548.00} | 2,024.00 | ${489.08}$ | 1,270,00 | ${32.00}$ |
| 32 | Paid up equity share capital (Face Value of Rs. 1/each) | 2,501.00 | 2,501.00 | 2,501.00 | 2,501.00 | 2,501.00 | 2,501.00 |
| 13 | Earnings per share of Re 1/- each | ||||||
| (a) Basic | 0.02 | (0.22) | 0.81 | ${0.20}$ | 0.52 | (0.01) | |
| batcher Idi | 0.02 | ${0.223}$ | 0.31 | (0.20) | 0.51 | (0.01) |
| SEGMENT REPORTING: | (Rs. in Lakhs) | |||||
|---|---|---|---|---|---|---|
| Quarter Ended | Half year Ended | |||||
| Particulars | 30.09.2018 | 30.06.2018 | 30.09.2017 | 30.09.2018 | 30.09.2017 | |
| (Unaudited) [(Unaudited) [Unaudited) [Unaudited) [Unaudited] | ||||||
| Segment Revenue | ||||||
| a) Packaging | 1,472.19 | 1,711.00 | 500.23 | 3,183.19 | 3,707.00 | |
| b) Food | 2,078.89 | 1,765.00 | 1,663.37 | 3,843.89 | 3,308,00 | |
| c) Others | 1,429.00 | 1,429.00 | ||||
| Total | 3,551.08 | 3,475.00 | 3,592.50 | 7,077.09 | 8,444.00 | |
| Segment Results [Profit/(Loss) before Tax and interest] | (536.00) | (980.52) | (639.00) | |||
| a) Packaging | (563.52) | [417.00] | ||||
| b) Food | (7.83) | ${76.00}$ | (19.00) | (83.83) | (412.00) | |
| c) Others | 143.001 | 3,486.00 | [43.00] | 3,485,00 | ||
| Profit before interest and Tax | (571.35) | (535.00) | 2,931.00 | (1.107.35) | 2,385,00 | |
| Less; interest | (232.06) | (12.00) | (6.00) | (294.06) | (22,00) | |
| Profit before Tax | ${353.41}$ | (548.00) | 2,937.00 | (1,401.41) | 2,353,00 | |
| Segment Assets | ||||||
| a) Packaging | 21,500.19 | 20,444.00 | 35,614.00 | 21,500.19 | 36,614.00 | |
| b) Foot | 5,820.40 | 5,468.00 | 4,611.00 | 5,820.40 | 4,611.00 | |
| TOTAL | 27,420.59 | 25,913.00 | 41,225.00 | 27,420.59 | 41,225,00 | |
| Segment Liabilities | ||||||
| a) Packaging | 14,405.34 | 16,641.00 | 24,649.00 | 14,406.34 | 24,649.00 | |
| b) Food | 5,997.03 | 1,121.00 | 7,249.00 | 5.997.03 | 7,249.00 | |
| TOTALThe above Results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meeting held | 20,403.37 | 17,762.00 | 31,897.00 | 20,403.37 | 31,897,00 |
on 22nd November, 2018.
$\overline{z}$
The format for unaudited quaterly results as prescribed under SEBI's mains CIR/CFD/CAID/15/2015 dated November 30, 2015 has been modified tocomply with requirements of SEBI's circular CR/CFD/FAC/63/2016 dated July 5, 2416 sidiaries RT Packaging Ltd, Boutonniere Hospitality Pvt Ltd, and Joint
Experience of the construction of the contract of the contract of the construction of the constraints in the constraints in the constraints of the constraints of the constraints of the constraints of the constraints of the em comparable with the corrent period's figures.
yush Gupta DIN: 03392865
LATAINERS LIMITED
Μ 似 For ROLLATAINERS LIMITED
Damhan Prasad YadayCFO
Place: New DelhiDate: 22.11.2018
ROLLATAiNERS LlMlTED
ClN : L216148R1968PLC084844 Rengffice : 7344, Phase in, industrial Area, Dharuhera (Baryanal ~ 123106
Standalone Statement of Assets & Liabilities as at 36% September, 2838
| s No | PARTJCULARS | ' | A5 at30.09.2018{Unauditeds | (R5. in Lakhs)As at31.03.2018(Audited) |
|---|---|---|---|---|
| MSETS | ||||
| (1) | Non-current assets | |||
| {3) Property, plant and equipment | 75.14 | 205.25 | ||
| {b} Capital work-in-prcgress | 44.54- | 44.54 | ||
| (c) investments in properties | ~ | , | ||
| (d) Financial assets | ||||
| (9.) investments | 12,500.00 | 12,500.00 | ||
| (2') Deferred tax assets (net) | 1,930.38118.96 | 1,018.04118% | ||
| lg) Other non—current assetsnon wrren: assetsSub tetal - | 34,669.02 | 13,836.79 | ||
| Current assets | ||||
| {2) | (a) inventories | 283.74 | 285.74 | |
| ({3} Financial assets | ~ | |||
| (cl Trade Receivable | 4,326.55 | 4,648.70 | ||
| id} Cash and cash equivalents | 23.83 | $5.03 | ||
| (-2) Current tax assets (net) | 71.51 | 78.02 | ||
| if) Other current assets | 3,358.05 | 4,526.69 | ||
| Sub total ~current assets | 8,06$.S6 | 9,504.19 | ||
| 22,73M3 | 23,496.98 | |||
| TDTAL ASSETS | ||||
| EQUITY AM) UABiUTlES | ||||
| EQUITY | ||||
| (a) Equity share capital | 2,501.30 | 2,501.30 | ||
| (b) OtherequitySub total Equity | 8,020.9319,521.84 | 7,296.519,797.81 | ||
| LlABleES | ||||
| {1) | Non-current liabilities | |||
| (a) Financial liabilities | ||||
| Borrowings | 414.82 | 410.26 | ||
| other Financial liabilities | 317.98 | 117.98 | ||
| (b) Long Term Provisions | 54.55 | 54.5" | ||
| non current liabilitiesSub total ~ | 587.35 | 582.79 | ||
| {2} | Current liabilities | |||
| (a) Financial liabilities | ||||
| Trade Payables | 2,545.71 | 2,553.9010,556.47 | ||
| (bl Other current liabilities | 9,079.76 | ' | ||
| (c) Provisionssub Total .CurrentLiabilities | 11,525.47 | 13,110.37 | ||
Place: mew Semi Bate: 22.11.2013
| Consolidated Statement of Assets & Liabilities as at 30th September, 2018 | (Rs in Lakhs) | |||
|---|---|---|---|---|
| S No | PARTICULARS | As at | 30.09.2018(Unaudited) | As at31.03.2018 (Audited) |
| ASSETS | ||||
| (1) | Non-current assets | |||
| (a) Property, plant and equipment | 12,460.11 | 13,269.77 | ||
| (b) Capital work-in-progress | 97.00 | 97.00 | ||
| (c) Other Intangible Assets(d) Investment property | ||||
| (e) Financial assets | ||||
| Investments | 100.00 | 676.41 | ||
| other financial Assets | 464.91 | 469.17 | ||
| (f) Deferred tax assets (net) | 2,050.12 | 2,050.12 | ||
| (g) Other non-current assets | 508.10 | 515.73 | ||
| Sub total - non current assets | 15,680.23 | 17,078.20 | ||
| (2) | Current assets | |||
| (a) Inventories | 2,957.51 | 2,823.04 | ||
| (b) Financial assets | ||||
| (c) Trade Receivable | 6,247.50 | 5,507.47 | ||
| (d) Cash and cash equivalents | 413.14 | 517.48 | ||
| other Current financial Assets | 71.03 | 71.73 | ||
| (e) Current tax assets (net) | 198.68 | 189.59 | ||
| (f) Other current assets | 940.16 | 459.08 | ||
| Sub total - current assets | 10,828.02 | 9,568.39 | ||
| TOTAL ASSETS | 26,508.25 | 26,646.59 | ||
| (1) | EQUITY AND LIABILITIESEQUITY | |||
| (a) Equity share capital | 2,501.30 | 2,501.30 | ||
| (b) Other equity(c) Non controlling interest | 3,603.58 | 4,848.54 | ||
| Equity attributable to owners | 0.016,104.89 | 0.017,349.85 | ||
| LIABILITIES | ||||
| Non-current liabilities | ||||
| (a) Financial liabilities | ||||
| Borrowings | 2,866.07 | 2,095.44 | ||
| Other financial liabilities | 157.98 | 157.98 | ||
| (b) Provisions | 310.29 | 328.30 | ||
| (c) Other non current liabilities | 5.80 | 5.80 | ||
| Sub total - non current liabilities | 3,340.14 | 2,587.52 | ||
| (2) | Current liabilities | |||
| (a) Financial liabilities | ||||
| Trade PayablesOther financial liabilities | 6,520.83976.69 | 4,628.78989.79 | ||
| (b) Other current liabilities | 9,310.33 | 10,835.28 | ||
| (c) Provisions | 255.36 | 255.36 | ||
| Sub Total - Current Liabilities | 17,063.22 | 16,709.22 | ||
| TOTAL EQUITY AND LIABILITIES | 26,508.25 | 26,646.59 | ||
| For ROLLATAINERS LIMITERyush GuptaWhole Time DirectorDIN: 03392865 | For ROLLATAINERS LIMITEDCFO | Darshan Prasad Yadav |
Collection
Head Off: 3049/1 SECTOR 38-D Civil Lines, Ludhiana-141001 Chandigarh, 160036 Delhi office: I-203, Ashok Vihar, Phone (0161) 2430089, +91-9815643637 Phase -
RAJ GUPTA & C0. Admin off1549/10, Sutlej Tower Chartered Accountants Near Fountain Chowk, 1, New Delhi-110052 +91-7889279571 E-mai|:[email protected] www.carajguptaco.com
Independent Auditor's Review Report On Unaudited Standalone Quarterly Financial Results and Year to Date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
To The Board of Directors Rollatainers Limited,
-
- We have reviewed the accompanying standalone unaudited financial results of M/s Rollatainers Limited ("the company") for the quarter ended 30 September, 2018 and the yearto date results for the period 1 April 2018 to 30 September 2018, being submitted by the company pursuant to the requirements of Regulation 33 ofthe SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with by Circular No. ClR/CFD/FAC/62/2016 dated July 5, 2016.
- This statement is responsibility of the company's management, which has been signed by Mr. Pyush Gupta, Whole time Director and Mr. Darshan Yadav, Chief Financial Officer of the company.
- The statement has been prepared in accordance with recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" prescribed under Section 133 of the companies Act, 2013 read with relevant rules issued there under and other accounting principles generally accepted in India. Our responsibility is to issue a report on the statement based on our review.
- We conducted our audit in accordance with the Standard on Review Engagement (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 about whether the financial statements are free of material misstatements. 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 audit opinion.
- Attention is invited to the following statement:
- a. Trade recei balance
Chartered Accountants Near Fountain Chowk,
Head Off: 3049/1 SECTOR 33-0 Civil Lines, Ludhiana-141001 Chandigarh, 160036 Delhi office: I—203, Ashok Vihar, Phone (0161) 2430089, +91-9815643637 Phase -
RAJ GUPTA & CO. Admin off1549/10, Sutlej Tower 1, New Delhi—110052 +91-7889279571 E-moil:[email protected] www.corojguptacocom
- b_ Trade Payable, advances from customers and loans & advances as on September 30, 2018 are subject to confirmation/reconciliation.
- c. Fair value ofthe Invesments has not been considered as per the concerned Ind—AS.
- d. Regarding Inventory valuation, basis of inventory calculation has been considered as provided by the Management.
Conclusion
Based on our review conducted as above, no matter except point no. 5 has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards i.e. IND AS prescribed under Section 133 ofthe Companies Act, 2013 read with relevant rules issued thereunder and other recognised accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 ofSEBI (Listing Obligation and Disclosures Requirements) Regulations 2015 read with SEBI Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016 including the manner in which it is to be disclosed, or that it contains any material misstatement.
Place: Delhi Date: 22nd November, 2018
For Raj Gupta & Co Chartered Accountan , (FRN — 00I203 ) , t
Chartered Accountants Near Fountain Chowk,
Head Off: 3049/1 SECTOR 38-D Civil Lines, Ludhiana—141001 Chandigarh, 160036 Delhi office: I-203, Ashok Vihar', Phone (0161) 2430089, +91-9815643637 Phase —
RAJ GUPTA & CO. Admin off:549/10, Sutlej Tower 1, New Delhi-110052 +91-7889279571 E-mail:carajguptaco@gmai|.com www.carajguptaco.com
Independent Auditor's Review Report On Unaudited Consolidated Quarterly Financial Results and Year to Date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
To The Board of Directors Rollatainers Limited,
-
- We have reviewed the accompanying Consolidated unaudited financial results of M/s Rollatainers Limited ("the company") for the quarter ended 30 September, 2018 and the year to date results for the period 1 April '2018 to 30 September 2018, being submitted by the company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with by Circular No. ClR/CFD/FAC/62/2016 dated July 5, 2016.
- This statement is responsibility of the company's management, which has been signed by Mr. Pyush Gupta, Whole time Director and Mr. Darshan Yadav, Chief Financial Officer of the company.
- The statement has been prepared in accordance with recognition and measurement principles laid down in Indian Accounting Standard 34 "interim Financial Reporting" prescribed under Section 133 of the companies Act, 2013 read with relevant rules issued there under and other accounting principles generally accepted in India. Our responsibility is to issue a report on the statement based on our review.
- We conducted our audit in accordance with the Standard on Review Engagement (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 about whether the financial statements are free of material misstatements. 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 audit opinion.
- Attention is invited to the following statement:
- a. Trade receivables and all other recoverable as on September 30, 2018 which also includes balances from the group entities are subject to confirmation/reconciliation.
- . \ances from customers and loans & advances as on September 30, 2018 are tion/reconciliation.
Chartered Accountants Near Fountain Chowk,
Head Off: 3049/1 SECTOR 38-D Civil Lines, Ludhiana-141001 Chandigarh, 160036 Delhi office: 1-203, Ashok Vihor, Phone (0161) 2430089, +91-9815643637 Phase -
RAJ GUPTA & CO. Admin offi549/10, Sutlej Tower 1, New Delhi-110052 +91-7889279571 E-moil:[email protected] www.corajguptaco.com
- c. Fair value ofthe Invesments has not been considered as per the concerned Ind-AS.
- d. Regarding Inventory valuation, basis of inventory calculation has been considered as provided by the Management.
Conclusion
Based on our review conducted as above, no matter except point no.5 above, has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards i.e. IND AS prescribed under Section 133 ofthe Companies Act, 2013 read with relevant rules issued thereunder and other recognised accounting practices and policies has not disclosed the informationrequired to be disclosed in terms of Regulation 33 of SEBI (Listing Obligation and Disclosures Requirements) Regulations 2015 read with SEBI Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016 including the manner in which it is to be disclosed, or that it contains any material misstatement.
Place: Delhi Date: 22nd November, 2018
