Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Sign up Log in

RSWM Limited Interim / Quarterly Report 2022

Nov 9, 2021

61804_rns_2021-11-09_59e8b898-6624-4e28-bf71-4263b3cce6c3.pdf

Interim / Quarterly Report

Open in viewer

Opens in your device viewer

PROUD TO BE INDIAN PRIVILEGED TO BE GLOBAL

RSWM Limited

an LNJ Bhilwara Group Company

==> picture [47 x 45] intentionally omitted <==

RSWM/SECTT/2021 November 9, 2021

BSE Limited
Corporate Relationship Department,
1st Floor, New Trading Ring,
Rotunda Building, P.J. Towers,
Dalal Street,
MUMBAI - 400 001.
Scrip Code: 500350		 National Stock Exchange of India Limited
Listing Department,
Exchange Plaza, C-1, Block - G,
Bandra-Kurla Complex,
Bandra (East),
MUMBAI - 400 051.
Scrip Code: RSWM

Sub: Submission of Newspapers Cutting of published Unaudited Financial Results for the quarter ended 30th September, 2021.

Dear Sir,

In the above reference, please note that the Company has published the Unaudited Financial Results for the quarter ended 30th September, 2021 pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in the Newspapers on 9th November, 2021.

Copies of newspapers cutting in this connection are attached.

Kindly take the same on record.

Thanking you,

Yours faithfully,

For RSWM LIMITED

S i NDER GUPTA A VP-LEGAL & COMPANY SECRETARY

FCS-2615

Encl.: As above.

==> picture [156 x 13] intentionally omitted <==

(Formerly Rajasthan Spinning & Weaving Mills Limited)

Corporate Office : Bhilwara Towers, A-12, Sector-1 Noida - 201 301 (NCR-Delhi), India Tel: +91-120-4390300 (EPABX) Fax:+91-120-427 7841 Website: w .rswm.in GSTIN: 09AAACR9700M1Z1

==> picture [5 x 76] intentionally omitted <==

Regd. Office:

Kharigram, Post Office Gulabpura - 311 021 Distt. Bhilwara, (Rajasthan), India Tel: +91-1483-223144 to 223150, 223478 Fax: +91-1483-223361, 223479 Website: www.lnjbhilwara.com GSTIN: 08AAACR9700M1Z3

Corporate Identification Number: L 17115RJ1960PLC008216

Name Place Date
Business Standard All Editions 9-11-2021

RSWM Limited

==> picture [67 x 43] intentionally omitted <==

Unaudited Financial Results for the Quarter and Half Year Ended September 30, 2021

(` in Crore)

==> picture [778 x 79] intentionally omitted <==

----- Start of picture text -----

StaNdaLoNe CoNSoLIdated
Standalone Consolidated
Standalone Quarter Standalone Half Year Consolidated Quarter Consolidated Half Year
Financial Year Financial Year
ended ended ended ended
Particulars ended ended
September 30, June 30, September 30, September 30, September 30, March 31, September 30, June 30, September 30, September 30, September 30, March 31,
2021 2021 2020 2021 2020 2021 2021 2021 2020 2021 2020 2021
Unaudited Unaudited Unaudited Unaudited Unaudited audited Unaudited Unaudited Unaudited Unaudited Unaudited audited
----- End of picture text -----

Particulars StaNdaLoNe StaNdaLoNe StaNdaLoNe StaNdaLoNe StaNdaLoNe StaNdaLoNe CoNSoLIdated CoNSoLIdated CoNSoLIdated CoNSoLIdated CoNSoLIdated CoNSoLIdated
Standalone Quarter
ended		 Standalone Half Year
ended		 Standalone
Financial Year
ended
Consolidated Quarter
ended		 Consolidated Half Year
ended		 Consolidated
Financial Year
ended
September 30,
2021
June 30,
2021		 September 30,
2020
September 30,
2021
September 30,
2020
March 31,
2021		 September 30,
2021
June 30,
2021		 September 30,
2020
September 30,
2021
September 30,
2020
March 31,
2021
Unaudited Unaudited Unaudited Unaudited Unaudited audited Unaudited Unaudited Unaudited Unaudited Unaudited audited
Total Income from Operations(Net) 959.90 749.99 559.95 1,709.67 779.79 2,365.43 959.90 749.99 559.95 1,709.67 779.79 2,365.43
Net Proft/(Loss) for the period (before Tax,
Exceptional items & Share of proft/loss of
Associates)		 65.21 40.13 (27.66) 105.34 (129.29) 4.26 65.21 40.13 (27.66) 105.34 (129.29) 4.26
Net Proft/(Loss) for the period (before Tax &
Share of proft/loss of Associates)		 65.21 40.13 (27.66) 105.34 (129.29) 4.26 65.21 40.13 (27.66) 105.34 (129.29) 4.26
Net Proft/(Loss) for the period after Tax (after
Exceptional and/or Extraordinary items & Share
of proft/loss of Associates)		 42.35 37.29 (17.35) 79.64 (83.10) 21.61 44.75 36.91 (15.00) 81.66 (81.11) 20.83
Total Comprehensive Income for the period
[Comprising Proft/(Loss) for the period (after Tax)
and Other Comprehensive Income(after Tax)]
43.50		 57.64 (20.46) 101.14 (74.59) 55.31 45.90 57.27 (18.12) 103.17 (72.62) 54.56
Equity Share Capital 23.55 23.55 23.55 23.55 23.55 23.55 23.55 23.55 23.55 23.55 23.55 23.55
Reserves (excluding Revaluation Reserve) as
shown in balance sheet of the previousyear		 737.61 768.28
Earning Per Share (of10/- each) (for continuing<br>and discontinued operations)<br>Basic ()
Diluted(`)		 17.98
17.98		 15.83
15.83		 (7.37)
(7.37)		 33.82
33.82		 (35.28)
(35.28)		 9.18
9.18		 19.00
19.00		 15.67
15.67		 (6.37)
(6.37)		 34.67
34.67		 (34.44)
(34.44)		 8.84
8.84

Notes :

  1. The above financial results have been reviewed by the Audit Committee and subsequently approved and taken on record by the Board of Directors at its meeting held on November 8, 2021. The Limited Review for the quarter and half year ended September 30, 2021 results as required under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has been carried out by the Statutory Auditors.

  2. The Other Comprehensive Income (OCI) that will not be reclassified to profit or loss in the Statement of Profit and Loss, includes unrealized gain/(loss) on fair valuation of equity instruments amounting to ` 25.21 Crore (previous year

  3. 31.69 Crore) and gain/(loss) of remeasurements of the defined benefit plans of ( 0.40 Crore) (previous year ` 1.82 Crore)

  4. During the current quarter, central Government has notified Remission of Duties and Taxes on Exported products (RoDTEP) Scheme Guidelines and Rates for other textile products vide Notification dated August 17, 2021. The Company has accrued the benefit under the aforesaid scheme amounting to 14.97 Crore on eligible export sales for the period from January 1, 2021 to September 30, 2021, out of which 9.51 Crore pertains to eligible export sales for the period from January 1, 2021 to June 30, 2021.

4. Impact of Covid-19 Pandemic

Outbreak of Covid-19 has disturbed the economic activity through interruption in manufacturing process, disruption in supply chain, etc. for the Company during the year ended March 31, 2021 and during the recent second wave. The Company has considered the possible effects that may result from COVID-19 in the preparation of financial results including assessment of its liquidity position from the previous recoverability and carrying value of its assets and liabilities as on September 30, 2021. The Company has considered internal and external sources of information for making said assessment. Given the uncertainties associated with nature, condition and duration of COVID-19, the Company is committed to closely monitor any material changes arising out of prevailing economic conditions and impact of the same on the business of the Company.

  1. Post the quarter ended September 30, 2021, the company has entered into MOU on October 25, 2021 with a party for sale/transfer of Private Freight Terminal (PFT) of the company situated at Namli, Madhya Pradesh for total consideration of ` 33 crores. The same is subject to approval from Government authorities including Railways.

  2. During the quarter ended September 30, 2021, the Company has entered into agreement on August 28, 2021 with parties for sale of stocks, trade receivables, intangible assets pertaining to Mayur brand and sale of Intellectual Property rights of Mayur including sub brand, cannello, Verona. The transaction is expected to be completed during the quarter ended December 31, 2021. The above operations do not form the material part of operations of the company.

  3. The figures of the previous period/year have been regrouped/recast wherever considered necessary.

  4. The above is an extract of the detailed format of financial results filed with the Stock Exchanges under Regulation 33 of the SEBI (LODR) Regulations, 2015. The full format of the financial results is available on the Stock Exchange websites (www.bseindia.com, www.nseindia.com) and on the Company’s website (www.rswm.in)

Place : Noida (U.P.) Date : November 08, 2021

By Order of the Board For RSWM Limited Sd/- Riju Jhunjhunwala Chairman & Managing Director DIN : 00061060

CIN : L17115RJ1960PLC008216

Registered Office: Kharigram, P.O. Gulabpura, Distt. Bhilwara, Rajasthan - 311021, Phone: +91-1483-223144 to 223150, Fax: +91-1483-223361, 223479 Corporate Office: Bhilwara Towers, A-12, Sector - 1, Noida - 201 301 (U.P) Phone: +91-120-4390300 (EPABX), Fax: +91-120-4277841; E-mail: rswm.investor @ lnjbhilwara.com; Website: www.rswm.in

Name Place Date
Nafa Nuksan Jaipur 9-11-2021

RSWM Limited

==> picture [67 x 43] intentionally omitted <==

Unaudited Financial Results for the Quarter and Half Year Ended September 30, 2021

(` in Crore)

==> picture [778 x 79] intentionally omitted <==

----- Start of picture text -----

StaNdaLoNe CoNSoLIdated
Standalone Consolidated
Standalone Quarter Standalone Half Year Consolidated Quarter Consolidated Half Year
Financial Year Financial Year
ended ended ended ended
Particulars ended ended
September 30, June 30, September 30, September 30, September 30, March 31, September 30, June 30, September 30, September 30, September 30, March 31,
2021 2021 2020 2021 2020 2021 2021 2021 2020 2021 2020 2021
Unaudited Unaudited Unaudited Unaudited Unaudited audited Unaudited Unaudited Unaudited Unaudited Unaudited audited
----- End of picture text -----

Particulars StaNdaLoNe StaNdaLoNe StaNdaLoNe StaNdaLoNe StaNdaLoNe StaNdaLoNe CoNSoLIdated CoNSoLIdated CoNSoLIdated CoNSoLIdated CoNSoLIdated CoNSoLIdated
Standalone Quarter
ended		 Standalone Half Year
ended		 Standalone
Financial Year
ended
Consolidated Quarter
ended		 Consolidated Half Year
ended		 Consolidated
Financial Year
ended
September 30,
2021
June 30,
2021		 September 30,
2020
September 30,
2021
September 30,
2020
March 31,
2021		 September 30,
2021
June 30,
2021		 September 30,
2020
September 30,
2021
September 30,
2020
March 31,
2021
Unaudited Unaudited Unaudited Unaudited Unaudited audited Unaudited Unaudited Unaudited Unaudited Unaudited audited
Total Income from Operations(Net) 959.90 749.99 559.95 1,709.67 779.79 2,365.43 959.90 749.99 559.95 1,709.67 779.79 2,365.43
Net Proft/(Loss) for the period (before Tax,
Exceptional items & Share of proft/loss of
Associates)		 65.21 40.13 (27.66) 105.34 (129.29) 4.26 65.21 40.13 (27.66) 105.34 (129.29) 4.26
Net Proft/(Loss) for the period (before Tax &
Share of proft/loss of Associates)		 65.21 40.13 (27.66) 105.34 (129.29) 4.26 65.21 40.13 (27.66) 105.34 (129.29) 4.26
Net Proft/(Loss) for the period after Tax (after
Exceptional and/or Extraordinary items & Share
of proft/loss of Associates)		 42.35 37.29 (17.35) 79.64 (83.10) 21.61 44.75 36.91 (15.00) 81.66 (81.11) 20.83
Total Comprehensive Income for the period
[Comprising Proft/(Loss) for the period (after Tax)
and Other Comprehensive Income(after Tax)]
43.50		 57.64 (20.46) 101.14 (74.59) 55.31 45.90 57.27 (18.12) 103.17 (72.62) 54.56
Equity Share Capital 23.55 23.55 23.55 23.55 23.55 23.55 23.55 23.55 23.55 23.55 23.55 23.55
Reserves (excluding Revaluation Reserve) as
shown in balance sheet of the previousyear		 737.61 768.28
Earning Per Share (of10/- each) (for continuing<br>and discontinued operations)<br>Basic ()
Diluted(`)		 17.98
17.98		 15.83
15.83		 (7.37)
(7.37)		 33.82
33.82		 (35.28)
(35.28)		 9.18
9.18		 19.00
19.00		 15.67
15.67		 (6.37)
(6.37)		 34.67
34.67		 (34.44)
(34.44)		 8.84
8.84

Notes :

  1. The above financial results have been reviewed by the Audit Committee and subsequently approved and taken on record by the Board of Directors at its meeting held on November 8, 2021. The Limited Review for the quarter and half year ended September 30, 2021 results as required under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has been carried out by the Statutory Auditors.

  2. The Other Comprehensive Income (OCI) that will not be reclassified to profit or loss in the Statement of Profit and Loss, includes unrealized gain/(loss) on fair valuation of equity instruments amounting to ` 25.21 Crore (previous year

  3. 31.69 Crore) and gain/(loss) of remeasurements of the defined benefit plans of ( 0.40 Crore) (previous year ` 1.82 Crore)

  4. During the current quarter, central Government has notified Remission of Duties and Taxes on Exported products (RoDTEP) Scheme Guidelines and Rates for other textile products vide Notification dated August 17, 2021. The Company has accrued the benefit under the aforesaid scheme amounting to 14.97 Crore on eligible export sales for the period from January 1, 2021 to September 30, 2021, out of which 9.51 Crore pertains to eligible export sales for the period from January 1, 2021 to June 30, 2021.

4. Impact of Covid-19 Pandemic

Outbreak of Covid-19 has disturbed the economic activity through interruption in manufacturing process, disruption in supply chain, etc. for the Company during the year ended March 31, 2021 and during the recent second wave. The Company has considered the possible effects that may result from COVID-19 in the preparation of financial results including assessment of its liquidity position from the previous recoverability and carrying value of its assets and liabilities as on September 30, 2021. The Company has considered internal and external sources of information for making said assessment. Given the uncertainties associated with nature, condition and duration of COVID-19, the Company is committed to closely monitor any material changes arising out of prevailing economic conditions and impact of the same on the business of the Company.

  1. Post the quarter ended September 30, 2021, the company has entered into MOU on October 25, 2021 with a party for sale/transfer of Private Freight Terminal (PFT) of the company situated at Namli, Madhya Pradesh for total consideration of ` 33 crores. The same is subject to approval from Government authorities including Railways.

  2. During the quarter ended September 30, 2021, the Company has entered into agreement on August 28, 2021 with parties for sale of stocks, trade receivables, intangible assets pertaining to Mayur brand and sale of Intellectual Property rights of Mayur including sub brand, cannello, Verona. The transaction is expected to be completed during the quarter ended December 31, 2021. The above operations do not form the material part of operations of the company.

  3. The figures of the previous period/year have been regrouped/recast wherever considered necessary.

  4. The above is an extract of the detailed format of financial results filed with the Stock Exchanges under Regulation 33 of the SEBI (LODR) Regulations, 2015. The full format of the financial results is available on the Stock Exchange websites (www.bseindia.com, www.nseindia.com) and on the Company’s website (www.rswm.in)

Place : Noida (U.P.) Date : November 08, 2021

By Order of the Board For RSWM Limited Sd/- Riju Jhunjhunwala Chairman & Managing Director DIN : 00061060

CIN : L17115RJ1960PLC008216

Registered Office: Kharigram, P.O. Gulabpura, Distt. Bhilwara, Rajasthan - 311021, Phone: +91-1483-223144 to 223150, Fax: +91-1483-223361, 223479 Corporate Office: Bhilwara Towers, A-12, Sector - 1, Noida - 201 301 (U.P) Phone: +91-120-4390300 (EPABX), Fax: +91-120-4277841; E-mail: rswm.investor @ lnjbhilwara.com; Website: www.rswm.in

More from RSWM Limited

Call Transcript 2026
May 13
Call Transcript 2026
May 13
Declaration of Voting Results & Voting Rights Announcements 2026
May 11
Declaration of Voting Results & Voting Rights Announcements 2026
May 11
Declaration of Voting Results & Voting Rights Announcements 2026
May 11
Regulatory Filings 2026
May 11
Regulatory Filings 2026
May 11
Declaration of Voting Results & Voting Rights Announcements 2026
May 8
Declaration of Voting Results & Voting Rights Announcements 2026
May 8
Regulatory Filings 2026
May 7
View all filings →