TANFAC Industries Ltd. — Interim / Quarterly Report 2020

Feb 8, 2020

Financial Results-Q3FY'20.html

2/8/2020

	General information about company	General information about company
	Scrip code	506854
	NSE Symbol	NA
	MSEI Symbol	NA
	ISIN*	INE639B01015
	Name of company	TANFAC INDUSTRIES LIMITED
	Type of company
	Class of security	Equity
	Date of start of financial year	01-04-2019
	Date of end of financial year	31-03-2020
	Date of board meeting when results were approved	07-02-2020
	Date on which prior intimation of the meeting for considering financial results was informed to the exchange	23-01-2020
	Description of presentation currency	INR
	Level of rounding used in financial results	Lakhs
	Reporting Quarter	Third quarter
	Nature of report standalone or consolidated	Standalone
	Whether results are audited or unaudited	Unaudited
	Segment Reporting	Single segment
	Description of single segment	The Company operates in a single segment i.e Chemicals in India and all other activities evolve around the same. Hence, there is no reportable primary / Secondary segment in accordance with the requirements of Ind AS 108, "Operating Segments".
	Start date and time of board meeting	07-02-2020 14:00
	End date and time of board meeting	07-02-2020 16:30
	Declaration of unmodified opinion or statement on impact of audit qualification	Not applicable

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Financial Results-Q3FY'20.html

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	Financial Results – Ind-AS
	Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
	A	Date of start of reporting period	01-10-2019	01-04-2019
	B	Date of end of reporting period	31-12-2019	31-12-2019
	C	Whether results are audited or unaudited	Unaudited	Unaudited
	D	Nature of report standalone or consolidated	Standalone	Standalone
	Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
	1	Income
		Revenue from operations	3808.59	13256.23
		Other income	75.2	106.75
		Total income	3883.79	13362.98
	2	Expenses
	(a)	Cost of materials consumed	2062.87	7053.18
	(b)	Purchases of stock-in-trade	0	0
	(c)	Changes in inventories of finished goods, work-in- progress and stock-in-trade	-133.86	-190.52
	(d)	Employee benefit expense	298.43	887.02
	(e)	Finance costs	20.52	67.04
	(f)	Depreciation, depletion and amortisation expense	125.57	362.24
	(f)	Other Expenses
	1	Power and Fuel	395.44	1342.18
	2	Other Expenses	603.58	1940.76
	10
		Total other expenses	999.02	3282.94
		Total expenses	3372.55	11461.9

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Financial Results-Q3FY'20.html

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	Financial Results –		Ind-AS
	Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
	A	Date of start of reporting period	01-10-2019	01-04-2019
	B	Date of end of reporting period	31-12-2019	31-12-2019
	C	Whether results are audited or unaudited	Unaudited	Unaudited
	D	Nature of report standalone or consolidated	Standalone	Standalone
	Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
	3	Total profit before exceptional items and tax	511.24	1901.08
	4	Exceptional items	0	0
	5	Total profit before tax	511.24	1901.08
	7	Tax expense
	8	Current tax	161.65	630.66
	9	Deferred tax	-35.03	-62.49
	10	Total tax expenses	126.62	568.17
	11	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
	14	Net Profit Loss for the period from continuing operations	384.62	1332.91
	15	Profit (loss) from discontinued operations before tax	0	0
	16	Tax expense of discontinued operations	0	0
	17	Net profit (loss) from discontinued operation after tax	0	0
	19	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
	21	Total profit (loss) for period	384.62	1332.91

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Financial Results-Q3FY'20.html

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				Year to date figures for current period ended (dd-mm-yyyy) 01-04-2019 31-12-2019 Unaudited Standalone 19.69 19.69 2.55 0 17.14
	Financial Results – Ind-AS
	Particulars		3 months/ 6 month ended (dd- mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
	A	Date of start of reporting period	01-10-2019	01-04-2019
	B	Date of end of reporting period	31-12-2019	31-12-2019
	C	Whether results are audited or unaudited	Unaudited	Unaudited
	D	Nature of report standalone or consolidated	Standalone	Standalone
		Other comprehensive income [Abstract]
	1	Amount of items that will not be reclassified to profit and loss
	1	Item that will not be reclassified to profit and loss	0	19.69
		Total Amount of items that will not be reclassified to profit and loss	0	19.69
	2	Income tax relating to items that will not be reclassified to profit or loss	0	2.55
	3	Amount of items that will be reclassified to profit and	loss
		Total Amount of items that will be reclassified to profit and loss
	4	Income tax relating to items that will be reclassified to profit or loss	0	0
	5	Total Other comprehensive income	0	17.14

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Financial Results-Q3FY'20.html

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Financial Results – Ind-AS	Financial Results – Ind-AS	Financial Results – Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-10-2019	01-04-2019
B	Date of end of reporting period	31-12-2019	31-12-2019
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company months ended, in such case zero shall be inserted in the said column.		has no figures for 3 months / 6
23	Total Comprehensive Income for the period	384.62	1350.05
24	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	0	0
	Total profit or loss, attributable to non-controlling interests	0	0
25	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	0	0
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
26	Details of equity share capital
	Paid-up equity share capital	997.5	997.5
	Face value of equity share capital	10	10
27	Details of debt securities
28	Reserves excluding revaluation reserve
29	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	3.86	13.36
	Diluted earnings (loss) per share from continuing operations	3.86	13.36
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	3.86	13.36
	Diluted earnings (loss) per share from continuing and discontinued operations	3.86	13.36
30	Debt equity ratio
31	Debt service coverage ratio
32	Interest service coverage ratio
33	Disclosure of notes on financial results	Textual Information(1)

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Financial Results-Q3FY'20.html

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Text Block 1. The above results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held at Chennai on 7th Feb 2020. 2..The company operates in a single segment i.e, Chemicals in India and all other activities evolve around the same. Hence, there is no reportable primary/ secondary segment in accordance with the requirements of Ind AS 108, 'Operating Segments'. 3. From April 1, 2019, the new accounting standard i.e. Ind AS 116 "Leases" became effective. The Company doesnot have lease arrangements which would require recognition of asset in form of 'Right to Textual Information(1) use' and liability towards present value of future rent payable. Hence, there is No Impact on the financial results of the company. 4. The Board of Directors, in their meeting held on 22nd May 2019, have passed a resolution approving redemption of 500,000 11% Redeemable Preference Share Capital of Rs. 100/- each out of internal accruals. Based on this, the Company had redeemed the said shares. 5. Figures for the previous period / year have been rearranged /reclassified wherever necessary, to correspond with current period / year presentation.

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Financial Results-Q3FY'20.html

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	Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results Particulars 3 months/ 6 month ended (dd- mm-yyyy) Year to date figures for current period ended (dd- mm-yyyy) Date of start of reporting period 01-10-2019 01-04-2019 Date of end of reporting period 31-12.2019 31-12-2019 Whether accounts are audited or unaudited Unaudited Unaudited Nature of report standalone or consolidated Standalone Standalone 1 Segment Revenue (Income) (net sale/income from each segment should be disclosed) Total Segment Revenue Less: Inter segment revenue Revenue from operations 2 Segment Result Profit (+) / Loss (-) before tax and interest from each segment Total Profit before tax i. Finance cost ii. Other Unallocable Expenditure net off Unallocable income Profit before tax 3 (Segment Asset - Segment Liabilities) Segment Asset Total Segment Asset Un-allocable Assets Net Segment Asset 4 Segment Liabilities Segment Liabilities Total Segment Liabilities Un-allocable Liabilities Net Segment Liabilities Disclosure of notes on segments	Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results Particulars 3 months/ 6 month ended (dd- mm-yyyy) Year to date figures for current period ended (dd- mm-yyyy) Date of start of reporting period 01-10-2019 01-04-2019 Date of end of reporting period 31-12.2019 31-12-2019 Whether accounts are audited or unaudited Unaudited Unaudited Nature of report standalone or consolidated Standalone Standalone 1 Segment Revenue (Income) (net sale/income from each segment should be disclosed) Total Segment Revenue Less: Inter segment revenue Revenue from operations 2 Segment Result Profit (+) / Loss (-) before tax and interest from each segment Total Profit before tax i. Finance cost ii. Other Unallocable Expenditure net off Unallocable income Profit before tax 3 (Segment Asset - Segment Liabilities) Segment Asset Total Segment Asset Un-allocable Assets Net Segment Asset 4 Segment Liabilities Segment Liabilities Total Segment Liabilities Un-allocable Liabilities Net Segment Liabilities Disclosure of notes on segments	Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results Particulars 3 months/ 6 month ended (dd- mm-yyyy) Year to date figures for current period ended (dd- mm-yyyy) Date of start of reporting period 01-10-2019 01-04-2019 Date of end of reporting period 31-12.2019 31-12-2019 Whether accounts are audited or unaudited Unaudited Unaudited Nature of report standalone or consolidated Standalone Standalone 1 Segment Revenue (Income) (net sale/income from each segment should be disclosed) Total Segment Revenue Less: Inter segment revenue Revenue from operations 2 Segment Result Profit (+) / Loss (-) before tax and interest from each segment Total Profit before tax i. Finance cost ii. Other Unallocable Expenditure net off Unallocable income Profit before tax 3 (Segment Asset - Segment Liabilities) Segment Asset Total Segment Asset Un-allocable Assets Net Segment Asset 4 Segment Liabilities Segment Liabilities Total Segment Liabilities Un-allocable Liabilities Net Segment Liabilities Disclosure of notes on segments	Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results Particulars 3 months/ 6 month ended (dd- mm-yyyy) Year to date figures for current period ended (dd- mm-yyyy) Date of start of reporting period 01-10-2019 01-04-2019 Date of end of reporting period 31-12.2019 31-12-2019 Whether accounts are audited or unaudited Unaudited Unaudited Nature of report standalone or consolidated Standalone Standalone 1 Segment Revenue (Income) (net sale/income from each segment should be disclosed) Total Segment Revenue Less: Inter segment revenue Revenue from operations 2 Segment Result Profit (+) / Loss (-) before tax and interest from each segment Total Profit before tax i. Finance cost ii. Other Unallocable Expenditure net off Unallocable income Profit before tax 3 (Segment Asset - Segment Liabilities) Segment Asset Total Segment Asset Un-allocable Assets Net Segment Asset 4 Segment Liabilities Segment Liabilities Total Segment Liabilities Un-allocable Liabilities Net Segment Liabilities Disclosure of notes on segments
	Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
	Particulars		3 months/ 6 month ended (dd- mm-yyyy)	Year to date figures for current period ended (dd- mm-yyyy)
	Date of start of reporting period		01-10-2019	01-04-2019
	Date of end of reporting period		31-12.2019	31-12-2019
	Whether accounts are audited or unaudited		Unaudited	Unaudited
	Nature of report standalone or consolidated		Standalone	Standalone
	**1 **	Segment Revenue (Income)
		(net sale/income from each segment should be disclosed)
		Total Segment Revenue
		Less: Inter segment revenue
		Revenue from operations
	**2 **	Segment Result
		Profit (+) / Loss (-) before tax and interest from each segment
		Total Profit before tax
		i. Finance cost
		ii. Other Unallocable Expenditure net off Unallocable income
		Profit before tax
	**3 **	(Segment Asset - Segment Liabilities)
		Segment Asset
		Total Segment Asset
		Un-allocable Assets
		Net Segment Asset
	**4 **	Segment Liabilities
		Segment Liabilities
		Total Segment Liabilities
		Un-allocable Liabilities
		Net Segment Liabilities
		Disclosure of notes on segments

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Financial Results-Q3FY'20.html

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