Technocraft Industries (India) Ltd. — Interim / Quarterly Report 2022

Nov 12, 2021

==> picture [73 x 68] intentionally omitted <==

Technocraft Industries (India) Limited

Registered Office : Plot No. 47 “Opus Centre”, Second floor, Central Road, Opposite Tunga Paradise Hotel, MIDC, Andheri (East) Mumbai – 400 093, Maharashtra, India Tel: 4098 2222/2340; Fax No. 2835 6559; CIN: L28120MH1992PLC069252 E-mail: investor@technocraftgroup.com ; website: www.technocraftgroup.com

==> picture [596 x 10] intentionally omitted <==

November 12, 2021

To, National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Listing Department Bandra Kurla Complex, P.J. Towers, 1[st] Bandra (E), Dalal Street, Fort, Mumbai- 400051 Mumbai – 400 001

Ref: Script Name: TIIL

Script Code: 532804

Dear Sir/ Madam,

Sub: Outcome of Board Meeting held on November 12, 2021, which commenced at 5:00 P.M. and concluded at 05:30 P.M.

The Board of Directors of the Company at its meeting held today, inter-alia Approved the Unaudited Financial Results (Standalone & Consolidated) (“UFR”) for the quarter / half year ended on September 30, 2021, Pursuant to Regulation 33 (3) of the SEBI (Listing Obligation Disclosure Requirement) Regulations 2015, copy of UFR along with the Limited Review Report for the said Financials are enclosed herewith.

Thanking you.

Yours sincerely,

For Technocraft Industries (India) Limited

SHARAD Digitally signed by SHARAD KUMAR KUMAR SARAF Date: 2021.11.12 SARAF 17:30:44 +05'30'

Sharad Kumar Saraf Chairman & Managing Director [DIN: 00035843]

Encl. as above

==> picture [56 x 43] intentionally omitted <==

DHIRAJ & DHEERAJ

CHARTERED ACCOUNTANTS

Independent Auditor’s Review Report on Quarterly & Half Yearly Unaudited Consolidated Financial results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 LIMITED REVIEW REPORT

To the Board of Directors Technocraft Industries (India) Limited

We have reviewed the accompanying statement of unaudited Consolidated financial results ('the Statement') of Technocraft Industries (India) Limited ('the Holding Company') and its subsidiaries (the Holding Company and its subsidiaries together referred to as 'the Group') and its associates for the quarter ended and half year ended on 30[th] September 2021 (“the statement”), being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015(“the Regulation”) as amended read with SEBI Circular No. CIR/CFD/CMD1/80/2019 dated July 19, 2019 (‘the Circular’), including relevant circulars issued by the SEBI from time to time.

This Statement, which is the responsibility of the Holding Company's Management and approved by the Holding Company's Board of Directors, 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') as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.

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. A review of interim financial 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 the Standards on Auditing specified under Section 143(10) of the Act, 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 SEBI Circular CIR/CFD/CMD1/44/2019 dated 29[th] March 2019 issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), to the extent applicable.

The Statement includes the results of the following entities:

• i. Technosoft Engineering Projects Limited

• ii. Technocraft Tabla Formworks Systems Pvt. Limited

• iii. Techno Defence Pvt. Ltd.

==> picture [91 x 83] intentionally omitted <==

511/512, Atlanta Estate, Opp. Westin Hotel, Western Express Highway, Goregaon (East), Mumbai - 400063 Tel.: 022-292 77196/97/98 | Email: info@cadhiraj.com ) Website: www.cadhiraj.com

• iv. Shivale Infraproducts Private Limited

• v. Technocraft Fashions Limited

• vi. Technocraft International Limited UK

• vii. Technocraft Trading Spolka , Poland

• viii. Technocraft Australia Pty Ltd ix. Anhui Reliable Steel Company Ltd , China

• x. Technocraft NZ Limited

• xi. Technosoft Engineering Inc , USA

• xii. High Mark International Trading , UAE

• xiii. AAIT/Technocraft Scaffold Distribution LLC.

• xiv. Technosoft Engineering UK Ltd xv. Technosoft GMBH, Germany

• xvi. Technosoft Innovations Inc

• xvii. Technosoft Services Inc

• xviii. Benten Technologies LLP.

Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with recognition and measurement principles laid down in Ind AS 34, prescribed under Section 133 of the Act, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) read with SEBI Circular No. CIR/CFD/CMD1/80/2019 dated July 19, 2019 (‘the Circular’), including the manner in which it is to be disclosed, or that it contains any material misstatement.

Other Matter

We draw attention to Note 3 to the accompanying Consolidated Financial Statements which states that the figures for the half year ended 30[th] September 2020 include figures of some subsidiaries for nine months for the period 01[st] January 2020 to 30[th] September 2020 hence the same are not comparable with the figures for the half year ended 30[th] September 2021.

Our conclusion is not modified in respect of this matter.

The accompanying Statement of unaudited consolidated financial results include unaudited interim financial results and other unaudited financial information in respect of One material subsidiary which have not been reviewed by their auditors, whose interim financial results (before eliminating inter-company transactions) reflect Group's share of total assets of Rs. 21,769.68 lakhs as at 30[th] September 2021, Group's share of total revenues of Rs. 4,097.19 lakhs and Rs. 7,722.53 lakhs, Group's share of total net profit after tax of Rs. 341.71 lakhs and Rs. 970.01 lakhs, Group's share of total comprehensive profit of Rs. 341.71 lakhs and Rs. 970.01 lakhs, for the quarter ended 30[th] September 2021 and for the period from 01[st] April 2021 to 30[th] September 2021, respectively, and net cash inflows of Rs. 77.16 lakhs for the period from 01[st] April 2021 to 30[th] September 2021, as considered in the Statement. These unaudited interim financial results and other unaudited financial information have been approved and furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the affairs of these subsidiaries is based solely on such unaudited interim financial results and other unaudited financial information.

==> picture [90 x 83] intentionally omitted <==

Our conclusion is not modified in respect of this matter

The accompanying Statement of unaudited consolidated financial results include unaudited interim financial results and other unaudited financial information in respect of Sixteen subsidiaries which have not been reviewed by their auditors, whose interim financial results (before eliminating intercompany transactions) reflect Group's share of total assets of Rs. 37,369.36 lakhs as at 30[th] September 2021, Group's share of total revenues of Rs. 9,339.27 lakhs and Rs. 19,379.81 lakhs, Group's share of total net profit after tax of Rs. 833.39 lakhs and Rs. 1,734.10 lakhs, Group's share of total comprehensive profit of Rs. 835.74 lakhs and Rs. 1,738.83 lakhs, for the quarter ended 30[th] September 2021 and for the period from 01[st] April 2021 to 30[th] September 2021, respectively, and net cash outflows of Rs. 571.06 lakhs for the period from 01[st] April 2021 to 30[th] September 2021, as considered in the Statement. These unaudited interim financial results and other unaudited financial information have been approved and furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the affairs of these subsidiaries is based solely on such unaudited interim financial results and other unaudited financial information. According to the information and explanations given to us by the Management, these interim financial results are not material to the Group.

Our conclusion is not modified in respect of this matter.

The consolidated financial results include the unaudited financial statements/ financial information of One Associate, whose financial statement / financial information reflect Group’s share of net profit (loss) of Rs. (0.01) Lakhs and Group’s share of total comprehensive loss of Rs. (0.01) Lakhs for the quarter ended 30[th] September 2021, as considered in the consolidated financial results. This financial statement/ financial information is unaudited and have been furnished to us by the Management and our opinion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these associate is based solely on such unaudited financial statement/financial information. According to the information and explanations given to us by the Management, this financial statement / financial information is not material to the Group.

Our conclusion is not modified in respect of this matter.

Place of Signature: Mumbai Date: 12[th] November, 2021

For Dhiraj & Dheeraj, Firm Reg. No. 102454W Chartered Accountants

==> picture [91 x 83] intentionally omitted <==

==> picture [112 x 52] intentionally omitted <==

(Shailendra Dadhich) Partner Membership No. – 425098 UDIN –21425098AAAAGJ4611

Technocraft Industries (India) Limited j{xÜx à{x uxáà |á çxà àÉ vÉÅx

==> picture [37 x 33] intentionally omitted <==

Regd. Off.: Plot No-47, Opus Centre , 2nd Floor, Opp Tunga Paradise Hotel , MIDC , Andheri (East) , Mumbai-93. Tel: 4098 2222/0002; Fax No. 2835 6559; CIN No. L28120MH1992PLC069252

E-mail: investor@technocraftgroup.com ; website: www.technocraftgroup.com

Statements of Un Audited Consolidated Financial Results for the Quarter and Half Year ended 30th September, 2021.

		₹ in Lakhs unless otherwise stated	₹ in Lakhs unless otherwise stated	₹ in Lakhs unless otherwise stated	₹ in Lakhs unless otherwise stated	₹ in Lakhs unless otherwise stated	₹ in Lakhs unless otherwise stated
Sr. No.	PARTICULARS	Consolidated
		Quarter Ended			Half Year Ended		Year Ended
		30.09.2021	30.06.2021	30.09.2020	30.09.2021	30.09.2020	31.03.2021
	Continuing Operations	Un-Audited	Un-Audited	Un-Audited	Un-Audited	Un-Audited	Audited
1	Revenue from Operations	44,190.30	40,506.97	29,979.62	84,697.27	57,439.94	1,29,454.37
2	Other Income	1,284.47	1,409.68	1,206.13	2,694.15	3,079.58	5,779.47
3	Total Income	45,474.77	41,916.65	31,185.75	87,391.42	60,519.52	1,35,233.84
4	Expenditure
(a)	Cost of Materials Consumed	20,033.11	17,702.86	11,729.28	37,735.97	19,917.41	48,467.37
(b)	Purchase of Stock-in-trade	1,034.10	193.24	1,315.76	1,227.34	1,330.80	4,396.25
(c)	Change in Inventories of Finishedgoods,WIP & Stock in trade	(3,639.18)	(2,097.49)	(33.58)	(5,736.67)	2,921.08	2,842.06
(d)	Employee benefits expenses	5,027.34	4,584.60	4,224.96	9,611.94	9,340.26	18,510.16
(e)	Finance Cost	476.44	629.09	739.47	1,105.53	1,609.45	2,880.52
(f)	Depreciation and Amortisation expenses	1,517.25	1,519.05	1,641.44	3,036.30	3,328.57	6,750.79
(g)	Other expenses	12,862.94	10,319.76	8,628.16	23,182.70	14,440.23	33,705.93
	Total Expenses	37,312.00	32,851.11	28,245.49	70,163.11	52,887.80	1,17,553.08
5	Profit from Ordinary activities before Exceptional items , Share of Net Profit /(Loss) of Investment accounted for using Equity Method & Tax	8,162.77	9,065.54	2,940.26	17,228.31	7,631.72	17,680.76
6	Share in Profit /(Loss)of Associates	(0.01)	(0.01)	(0.01)	(0.02)	(0.02)	(0.02)
7	Profit /(Loss) before exceptional Items & tax	8,162.76	9,065.53	2,940.25	17,228.29	7,631.70	17,680.74
8	Exceptional items-Refer Note No 5	287.50	171.83	-	459.33	-	1,062.64
9	Profit before tax but after exceptional Items	8,450.26	9,237.36	2,940.25	17,687.62	7,631.70	18,743.38
10	Tax expenses(net)
	Current Tax	1,966.64	2,081.63	592.79	4,048.27	1,509.77	3,546.54
	Deferred Tax	(124.99)	(31.29)	102.45	(156.28)	18.47	514.02
11	Net Profit for the Period from Continuing operations	6,608.61	7,187.02	2,245.01	13,795.63	6,103.46	14,682.82
	Discontinued Operations
12	Profit / ( Loss) before tax from Discontinued operations	(17.49)	(4.68)	(96.40)	(22.17)	(1,001.17)	(1,694.08)
13	Tax expenses / (income) of Discontinued operations	(5.41)	(1.17)	(12.36)	(6.58)	(250.07)	(424.46)
14	Net Profit /(Loss) for the period from Discontinued operations	**(12.08) **	**(3.51) **	**(84.04) **	**(15.59) **	**(751.10) **	(1,269.62)
15	Net Profit / (Loss) for the period from Continuing & Discontinued Operations	6,596.53	7,183.51	2,160.97	13,780.04	5,352.36	13,413.20
16	Other Comprehensive Income
	Items that will not be reclassified to Profit or Loss(net of tax)	20.66	20.65	(6.27)	41.31	(12.55)	78.68
	Items that will be reclassified to Profit & Loss	143.44	(179.75)	209.14	(36.31)	(115.61)	(192.82)
	Total Other Comprehensive Income /(expenses) net of tax	164.10	(159.10)	202.87	5.00	(128.16)	(114.14)
17	Total Comprehensive Income for theyear after tax	6,760.63	7,024.41	2,363.84	13,785.04	5,224.20	13,299.06
	Net Profit attributable to
	Owners of Equity	6,430.18	6,998.04	2,145.79	13,428.22	5,219.73	13,011.56
	Non ControllingInterest	166.35	185.47	15.18	351.82	132.63	401.64
	Total Comprehensive Income attributable to
	Owners of Equity	6,590.43	6,868.41	2,304.88	13,458.84	5,043.83	12,895.98
	Non ControllingInterest	170.20	156.00	58.96	326.20	180.37	403.08
18	Paid-upequityshare capital(FV of ₹10 /-per share)	2,446.17	2,446.17	2,446.17	2,446.17	2,446.17	2,446.17
19	Other Equity (revaluation reserve ₹ NIL)	-	-	-			1,04,803.35
20	Earnings Per Share(EPS) (not annualised)
	Basic and Diluted EPS -ContinuingOperations(In ₹)	26.33	28.62	9.11	54.95	24.41	58.38
	Basic and Diluted EPS -Discontinued Operations(In ₹)	(0.05)	(0.01)	(0.34)	(0.06)	(3.07)	(5.19)
	Basic and Diluted EPS -Continuing & Discontinued Operations(In ₹)	26.28	28.61	8.77	54.89	21.34	53.19

Notes:

1 .The above Financial results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at its meeting held on 12th November 2021. There are no qualifications of the Auditors on the above results .

2 .The Financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act, 2013 read with rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 as amended by the Companies (Indian Accounting Standards) (Amendment ) Rules, 2016.

3 . The above Financial Results for the half Year ended 30th September 2020 includes the Financial Results of the following Subsidiaries (grouped under Engineering & Design Segment) for the Period of Nine Months ie from Jan 2020 to September 2020 & hence the same is not Comparable with the Current Financial Results for the half Year ended 30th September 2021.

a) Technosoft Engineering Inc.

b) Technosoft Innovations Inc.

c) Technosoft GMBH

d) Technosoft Services Inc.

e) Technosoft Engineering UK Limited

4 .Assets Classified as Held for Sale includes those Plant & Equipment (of Power & Yarn Division ) whose Carrying Value will be recovered principally through sales transactions rather than through Continuing use .

5 .Exceptional items represents the Profit on Sales of Plant & Equipment of Yarn Division. The amount being material the same has been classified as exceptional items in the statement of Profit & Loss.

6 . Previous Period figures have been regrouped and reclassified wherever considered necessary to make them comparable with Current Period Classification.

For Technocraft Industries (India) Limited SHARAD Digitally signed by SHARAD KUMAR SARAF KUMAR SARAF Date: 2021.11.12 17:31:16 +05'30'

Sharad Kumar Saraf

Place: Mumbai Date : 12th November 2021

(Chairman & Managing Director) (DIN NO. 00035843)

Technocraft Industries (India) Limited Consolidated Segment wise Revenue, Results, Assets and Liabilities for the Quarter and Half Year ended 30th September , 2021	Technocraft Industries (India) Limited Consolidated Segment wise Revenue, Results, Assets and Liabilities for the Quarter and Half Year ended 30th September , 2021	Technocraft Industries (India) Limited Consolidated Segment wise Revenue, Results, Assets and Liabilities for the Quarter and Half Year ended 30th September , 2021	Technocraft Industries (India) Limited Consolidated Segment wise Revenue, Results, Assets and Liabilities for the Quarter and Half Year ended 30th September , 2021	Technocraft Industries (India) Limited Consolidated Segment wise Revenue, Results, Assets and Liabilities for the Quarter and Half Year ended 30th September , 2021	Technocraft Industries (India) Limited Consolidated Segment wise Revenue, Results, Assets and Liabilities for the Quarter and Half Year ended 30th September , 2021	Technocraft Industries (India) Limited Consolidated Segment wise Revenue, Results, Assets and Liabilities for the Quarter and Half Year ended 30th September , 2021	Technocraft Industries (India) Limited Consolidated Segment wise Revenue, Results, Assets and Liabilities for the Quarter and Half Year ended 30th September , 2021
		₹ in Lakhs
		Quarter Ended			Half Year Ended		Year Ended
Particulars		30.09.2021	30.06.2021	30.09.2020	30.09.2021	30.09.2020	31.03.2021
		Un-Audited	Un-Audited	Un-Audited	Un- Audited	Un-Audited	Audited
1	Income from operations
	Continuing Operations
	a. Drum Closures Division	14,544.54	13,648.38	9,600.68	28,192.92	19,023.15	40,912.35
	b. Scaffoldings Division	13,928.01	13,494.78	10,524.25	27,422.79	19,185.86	44,840.98
	c. Yarn Division	9,704.06	8,886.07	6,392.43	18,590.13	11,024.35	26,358.15
	d. Fabric Division	6,832.00	5,795.93	3,887.98	12,627.93	5,505.16	15,815.60
	e.Engineering& Design -Refer Note No. 3	2,752.07	2,439.65	2,118.34	5,191.72	6,848.13	11,476.58
	f.Others	-	-	-	-	-	-
	Total	47,760.68	44,264.81	32,523.68	92,025.49	61,586.65	1,39,403.66
	Less : Inter Segment Revenue	3,570.38	3,757.84	2,544.06	7,328.22	4,146.71	9,949.29
	Total Income from Continuing operations	44,190.30	40,506.97	29,979.62	84,697.27	57,439.94	1,29,454.37
	Discontinued Operations
	Power Division	-	-		-		-
	Less Inter Segment Revenue	-	-		-		-
	Total Income from Discontinued Operations	-	-	-	-	-	-
	Total Income from Continuing & Discontinued Operations	44,190.30	40,506.97	29,979.62	84,697.27	57,439.94	1,29,454.37
2	Segment Results
	Profit/(Loss) after Depreciation but Before Finance Cost & Tax & Exceptional Items
	a. Drum Closures Division	4,720.28	4,990.14	2,775.21	9,710.42	6,159.17	12,717.41
	b. Scaffoldings Division	789.43	1,910.92	456.31	2,700.35	1,782.86	3,600.85
	c. Yarn Division	1,426.72	1,415.16	(414.22)	2,841.88	(893.56)	(57.45)
	d. Fabric Division	261.77	304.03	(57.73)	565.80	(265.12)	(592.77)
	e.Engineering& Design - Refer Note No. 3	673.45	527.88	428.04	1,201.33	880.88	1,992.51
	f.Others	0.22	(0.38)	(18.68)	(0.16)	(18.72)	(0.85)
	Total	7,871.87	9,147.75	3,168.93	17,019.62	7,645.51	17,659.70
	Less :
	i.Finance Cost	476.44	629.09	739.47	1,105.53	1,609.45	2,880.52
	ii.Other un-allocable expenditure net off un-allocable income	(767.34)	(546.88)	(510.80)	(1,314.22)	(1,595.66)	(2,901.58)
	iii Share of Loss in Associate	0.01	0.01	0.01	0.02	0.02	0.02
	Total Profit Before Tax from Continuing Operations & Exceptional Items	8,162.76	9,065.53	2,940.25	17,228.29	7,631.70	17,680.74
	Exceptional Items -Refer Note No 5	287.50	171.83		459.33	-	1,062.64
	Total Profit Before Tax from Continuing Operations but after Exceptional Items	8,450.26	9,237.36	2,940.25	17,687.62	7,631.70	18,743.38
	Gain/ (Loss) from Discontinued Operations (Net of Finance Cost)
	Power Division	(17.49)	(4.68)	(96.40)	(22.17)	(1,001.17)	(1,694.08)
	Total Profit /(Loss) before Tax( Continuing & Discontinued Operations)	8,432.77	9,232.68	2,843.85	17,665.45	6,630.53	17,049.30
3	Segment Assets
	a. Drum Closures Division	29,198.37	31,886.44	24,390.48	29,198.37	24,390.48	27,456.74
	b. Scaffoldings Division	65,155.69	65,194.02	55,432.99	65,155.69	55,432.99	59,672.92
	c. Yarn Division	27,392.80	29,030.62	30,735.41	27,392.80	30,735.41	26,940.53
	d. Fabric Division	15,741.85	15,263.83	15,735.30	15,741.85	15,735.30	15,459.98
	e.Engineering& Design-	4,202.83	4,462.54	3,759.04	4,202.83	3,759.04	3,769.97
	f. Power Division-Discontinued Operation	922.62	977.07	1,809.88	922.62	1,809.88	1,039.37
	g.Others	187.32	202.69	7.37	187.32	7.37	153.84
	Total Segment Assets	1,42,801.48	1,47,017.21	1,31,870.47	1,42,801.48	1,31,870.47	1,34,493.35
	Unallocable Assets	49,712.62	45,879.94	37,746.89	49,712.62	37,746.89	43,119.61
	Total Assets	1,92,514.10	1,92,897.15	1,69,617.36	1,92,514.10	1,69,617.36	1,77,612.96
4	Segment Liabilities
	a. Drum Closures Division	6,402.15	7,643.96	6,048.11	6,402.15	6,048.11	6,033.72
	b. Scaffoldings Division	6,975.13	10,191.90	5,157.60	6,975.13	5,157.60	5,673.25
	c. Yarn Division	3,204.46	3,743.39	3,030.11	3,204.46	3,030.11	3,424.29
	d. Fabric Division	1,813.96	2,246.56	1,805.26	1,813.96	1,805.26	1,917.19
	e.Engineering& Design-	1,342.07	1,603.26	1,506.87	1,342.07	1,506.87	1,192.69
	f. Power Division-Discontinued Operation	47.83	268.73	329.26	47.83	329.26	327.79
	g.Others	5.91	41.68	22.57	5.91	22.57	9.69
	Total Segment Liabilities	19,791.51	25,739.48	17,899.78	19,791.51	17,899.78	18,578.62
	Unallocable Liabilities	50,615.77	51,673.06	51,317.49	50,615.77	51,317.49	50,593.00
	Total Liabilities	70,407.28	77,412.54	69,217.27	70,407.28	69,217.27	69,171.62

Technocraft Industries (India) Limited Un Audited Consolidated Balancesheet as at 30th September , 2021

₹ in Lakhs

		₹ in Lakhs
Particulars	As at 30.09.2021	As at 31.03.2021
	Un Audited	Audited
ASSETS A) Non-current assets a) Property, Plant and Equipment b) Capital work-in-progress c) Investment Property d) Other Intangible assets e) Goodwill on Consolidation f) Financial Assets i) Investments ii) Others Financial Assets g) Other non-current assets Total Non -current assets B) Current assets a) Inventories b) Financial Assets i) Investments ii) Trade receivables iii) Cash and cash equivalents iv) Other Bank Balances v) Loans vi) Others Financial Assets c) Other current assets Total Current assets Assets Classified as held for Sale -Refer Note No 4 Total Assets EQUITY AND LIABILITIES EQUITY a) Equity Share Capital b) Other Equity Equity attributable to Owners Non Controlling Interest Total Equity LIABILITIES A) Non-current liabilities a) Financial Liabilities i) Borrowings ii) Other financial liabilities b) Provisions c) Deferred tax liabilities (Net) d) Other non-current liabilities Total Non-current liabilities B) Current liabilities a) Financial Liabilities i) Borrowings ii) Trade payables Total Outstanding dues to Micro & Small Enterprises Total Outstanding dues to Creditors other than Micro & Small Enterprises iii) Other financial liabilities b) Other current liabilities c) Provisions d) Current Tax Liabilities (Net) Total Current liabilities Total Equity and Liabilities	36,835.09 1,736.08 3,750.84 281.87 495.75 24,059.52 771.16 524.06	37,903.56 1,240.28 3,821.36 211.22 495.75 14,460.15 3,298.06 186.00
	68,454.37	61,616.38
	53,263.74 15,731.97 38,764.15 4,884.21 2,833.62 372.38 1,441.08 6,254.05	46,217.17 18,983.80 34,562.30 7,543.84 42.79 332.49 1,292.71 6,210.91
	1,23,545.20	1,15,186.01
	514.53	810.57
	1,92,514.10	1,77,612.96
	2,446.17 1,18,142.63	2,446.17 1,04,803.35
	1,20,588.80	1,07,249.52
	1,518.02	1,191.82
	1,22,106.82	1,08,441.34
	5,659.56 181.80 2,252.71 765.95 763.53	10,569.46 178.59 2,019.75 887.66 880.38
	9,623.55	14,535.84
	37,829.73 23.42 5,356.00 12,079.74 2,853.84 273.11 2,367.89	33,140.95 28.97 6,995.98 10,952.44 2,407.05 233.97 876.42
	60,783.73	54,635.78
	1,92,514.10	1,77,612.96

Un Audited Consolidated Cash Flow Statement for the Half Year Ended 30th September 2021

Un Audited Consolidated Cash Flow Statement for the Half Year Ended 30th September 2021	Un Audited Consolidated Cash Flow Statement for the Half Year Ended 30th September 2021	Un Audited Consolidated Cash Flow Statement for the Half Year Ended 30th September 2021	Un Audited Consolidated Cash Flow Statement for the Half Year Ended 30th September 2021
(₹ in lakhs)
		Half Year Ended 30th September 2021	Half Year Ended 30th September 2020
A.	CASH FLOW ARISING FROM OPERATING ACTIVITIES :
	Profit afterexceptional items but before tax fromContinuing operations	17,687.62	7,631.70
	Profit afterexceptional items but before tax from Discontinued operations	(22.17)	(1,001.17)
	Add / (Less) : Adjustments to reconcile profit before tax to net cash used inoperating activities
	Exceptional Items-Refer NoteNo 5	(459.33)	-
	Depreciation&Amortisation Expenses	3,036.30	3,360.37
	Profit onSale of Fixed assets	(39.31)	-
	Government GrantIncome	(115.57)	(108.00)
	Provision for ImpairmentLoss on Property ,Plant andEquipment	-	866.35
	UnrealisedForex Loss / (gain)	169.73	(266.08)
	Share of Loss of Associate	0.02	0.02
	InterestIncome	(97.95)	(247.57)
	InterestExpenses	898.63	1,430.42
	Dividend Income	-	(0.02)
	Rental Income	(152.30)	(270.02)
	Netgain on sale / fair valuation of Investments throughprofit & loss	(2,128.85)	(1,839.59)
		18,776.82	9,556.41
	Working capital adjustments
	(Increase)/ Decrease in inventories	(7,046.57)	7,160.79
	(Increase)/ Decrease in trade receivables	(4,248.22)	3,961.45
	(Increase)/ Decrease in other receivables	(1,019.84)	124.61
	Increase/(Decrease)in trade and otherpayables	1,051.46	(848.62)
		7,513.65	19,954.64
	Income Taxpaid	(2,368.58)	(983.40)
	Net Cash Inflow/(Outflow) in the course of Operating Activities(A)	5,145.07	18,971.24
	Net OperatingCash Inflow/(Outflow)from ContinuingOperations	5,349.00	19,174.92
	Net OperatingCash Inflow/(Outflow)from Discontinued Operations	(203.93)	(203.68)
B.	CASH FLOW ARISING FROM INVESTING ACTIVITIES :
	Purchase of Property,Plant and Equipment /Investment Properties /
	Intangible assets includingcapital work in Progress	(2,499.27)	(1,586.78)
	Sales Proceeds of Property , Plant & Equipment / Investment Properties	968.83	196.44
	Purchase of Investments	(12,000.00)	(6,350.00)
	Proceeds from sale of Investments	7,781.28	6,418.50
	Interest received	270.93	200.49
	Refund/(Investment)in bank deposits havingOriginal Maturityof more than 3 months	(106.15)	(31.02)
	Dividend Received	-	0.02
	Rent Received	157.93	267.04
	Foreign CurrencyTranslation Differences in respect of PPE/Investment Properties / Intangible assets	(138.63)	7.18
	Net Cash Inflow/(Outflow) in the course of Investing Activities(B)	(5,565.08)	(878.13)
	Net Cash Inflow/(Outflow)in the course of InvestingActivities from ContinuingOperations	(5,570.63)	(880.12)
	Net Cash Inflow/(Outflow)in the course of InvestingActivities from Discontinued Operations	5.55	1.99
**C. **	CASH FLOW ARISING FROM FINANCING ACTIVITIES :
	Net Proceeds from Borrowings from Bank	(1,422.00)	(16,134.12)
	Interestpaid	(807.60)	(1,492.66)
	Repayment of Lease Liabilities	(10.02)	(100.41)
	Net Cash Inflow/(Outflow) in the course of Financing Activities(C)	(2,239.62)	(17,727.19)
	Net Cash Inflow/(Outflow)in the course of FinancingActivities from ContinuingOperations	(2,424.98)	(17,870.10)
	Net Cash Inflow/(Outflow)in the course of FinancingActivities from Discontinued Operations	185.36	142.91
	Net increase /(decrease) in cash and cash equivalents(A+B+C)	(2,659.63)	365.92
	Cash and cash equivalents at the beginningof theyear	7,543.84	6,229.17
	Cash and cash equivalents at the end of the Period	4,884.21	6,595.09

Notes-

1 The above Cash Flow Statement has been prepared under the 'Indirect Method' as set out in the Accounting Standard (IND AS) 7 - "Cash Flow Statements".

==> picture [56 x 43] intentionally omitted <==

DHIRAJ & DHEERAJ

CHARTERED ACCOUNTANTS

Independent Auditor's Review Report on Standalone Quarterly and Half Year Ended Unaudited Financial Results of the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) LIMITED REVIEW REPORT

To the Board of Directors Technocraft Industries (India) Limited

1. We have reviewed the accompanying statement of unaudited standalone financial results ('the Statement') of Technocraft Industries (India) Limited ('the Company') for the quarter and half year ended on 30[th] September 2021 (“the Statement”), being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the Regulation”), as amended, read with SEBI Circular No. CIR/CFD/CMD1/80/2019 dated July 19, 2019 (‘the Circular’), including other relevant circulars issued by the SEBI from time to time.

2. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, 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') as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.

3. 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. A review of interim financial 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 the Standards on Auditing specified under Section 143(10) of the Act, 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.

4. Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with recognition and measurement principles laid down in Ind AS 34, prescribed under Section 133 of the Act, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements 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.

Place of Signature: Mumbai Date: 12[th] November, 2021

For Dhiraj & Dheeraj, Firm Reg. No. 102454W Chartered Accountants (Shailendra Dadhich) Partner Membership No. 425098 UDIN – 21425098AAAAGK8717

==> picture [90 x 83] intentionally omitted <==

511/512, Atlanta Estate, Opp. Westin Hotel, Western Express Highway, Goregaon (East), Mumbai - 400063 Tel.: 022-292 77196/97/98 | Email: info@cadhiraj.com ) Website: www.cadhiraj.com

==> picture [44 x 37] intentionally omitted <==

Technocraft Industries (India) Limited j{xÜx à{x uxáà |á çxà àÉ vÉÅx

Regd. Off.: Plot No-47, Opus Centre , 2nd Floor, Opp Tunga Paradise Hotel , MIDC , Andheri (East) , Mumbai-93. Tel: 4098 2222/0002; Fax No. 2835 6559; CIN No. L28120MH1992PLC069252

E-mail: investor@technocraftgroup.com ; website: www.technocraftgroup.com Statements of Un Audited Standalone Financial Results for the Quarter and Half Year ended 30th September 2021

		₹ in Lakhs unless otherwise stated	₹ in Lakhs unless otherwise stated	₹ in Lakhs unless otherwise stated	₹ in Lakhs unless otherwise stated	₹ in Lakhs unless otherwise stated	₹ in Lakhs unless otherwise stated
Sr. No.	PARTICULARS	Standalone
		Quarter ended			Half Year ended		Year Ended
		30.09.2021	30.06.2021	30.09.2020	30.09.2021	30.09.2020	31.03.2021
	Continuing Operations	Un-Audited	Un-Audited	Un-Audited	Un-Audited	Un-Audited	Audited
1	Revenue from Operations	40,708.25	34,305.75	24,654.16	75,014.00	42,535.06	99,519.44
2	Other Income	935.00	1,405.03	733.14	2,340.03	2,262.66	4,479.23
3	Total Income	41,643.25	35,710.78	25,387.30	77,354.03	44,797.72	1,03,998.67
4	Expenditure
(a)	Cost of Materials Consumed	18,888.34	16,886.48	10,528.42	35,774.82	17,099.75	43,404.13
(b)	Purchase of Stock-in-trade	596.81	89.08	119.29	685.89	397.59	465.35
(c)	Change in Inventories of Finishedgoods,WIP & Stock in trade	(475.03)	(2,029.93)	876.46	(2,504.96)	1,757.87	1,005.41
(d)	Employee benefits expenses	2,646.86	2,450.24	2,189.25	5,097.10	4,150.95	9,211.33
(e)	Finance Cost	350.67	512.38	605.33	863.05	1,320.26	2,410.38
(f)	Depreciation and Amortisation expenses	1,342.52	1,334.12	1,447.28	2,676.64	2,937.40	5,939.92
(g)	Other expenses	11,522.66	9,206.01	7,195.35	20,728.67	11,547.33	27,998.68
	Total Expenses	34,872.83	28,448.38	22,961.38	63,321.21	39,211.15	90,435.20
5	Profit from Ordinary activities before tax & Exceptional Items	6,770.42	7,262.40	2,425.92	14,032.82	5,586.57	13,563.47
6	Exceptional items( Refer Note 4)	287.50	171.83	-	459.33	-	1062.64
7	Profit before tax but after exceptional items	7,057.92	7,434.23	2,425.92	14,492.15	5,586.57	14,626.11
8	Tax expenses(net)
	Current Tax	1,652.25	1,841.02	459.00	3,493.27	1,197.07	2974.66
	Deferred Tax	(115.65)	(53.16)	97.10	(168.81)	(2.43)	453.12
9	Net Profit for the Period from Continuing operations	5,521.32	5,646.37	1,869.82	11,167.69	4,391.93	11,198.33
	Discontinued Operations
10	Profit / ( Loss) before tax from Discontinued operations	(17.49)	(4.68)	(96.40)	(22.17)	(1,001.17)	(1,694.08)
11	Tax expenses / (income) of Discontinued operations	(5.41)	(1.17)	(12.36)	(6.58)	(250.07)	(424.46)
12	Net Profit / (Loss) for the period from Discontinued operations	(12.08)	(3.51)	(84.04)	(15.59)	(751.10)	(1,269.62)
13	Net Profit / (Loss) for the period from Continuing & Discontinued Operations	5,509.24	5,642.86	1,785.78	11,152.10	3,640.83	9,928.71
14	Other Comprehensive Income
	Items that will not be reclassified to Profit or Loss(net of tax)	18.29	18.29	(7.09)	36.58	(14.19)	69.68
	Items that will be reclassified to Profit & Loss	-	-	-	-	-	-
	Total Other Comprehensive Income /(expenses) net of tax	18.29	18.29	(7.09)	36.58	(14.19)	69.68
15	Total Comprehensive Income for theyear after tax	5,527.53	5,661.15	1,778.69	11,188.68	3,626.64	9,998.39
16	Paid-upequityshare capital(FV of ₹10 /-per share)	2446.17	2,446.17	2,446.17	2,446.17	2,446.17	2446.17
17	Other Equity (revaluation reserve ₹ NIL)	-	-	-			92807.57
18	Earnings Per Share(EPS) (not annualised)
	Basic and Diluted EPS -ContinuingOperations(In ₹)	22.57	23.08	7.64	45.65	17.95	45.78
	Basic and Diluted EPS -Discontinued Operations(In ₹)	(0.05)	(0.01)	(0.34)	(0.06)	(3.07)	(5.19)
	Basic and Diluted EPS-Continuing & Discontinued Operations(In ₹)	22.52	23.07	7.30	45.59	14.88	40.59

Notes:

1 .The above Financial results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at its meeting held on 12th November 2021 .There are no qualifications of the Auditors on the above results.

2 .The Financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act, 2013 read with rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 as amended by the Companies (Indian Accounting Standards) (Amendment ) Rules, 2016.

3 .Assets Classified as Held for Sale includes those Plant & Equipment (of Power & Yarn Division ) whose Carrying Value will be recovered principally through sales transactions rather than through Continuing use .

4 .Exceptional items represents the Profit on Sales of Plant & Equipment of Yarn Division .The amount being material the same has been classified as exceptional items in the Statement of Profit & Loss .

5 . Previous Period figures have been regrouped and reclassified wherever considered necessary to make them comparable with Current Period Classification.

For Technocraft Industries (India) Limited SHARAD Digitally signed by SHARAD KUMAR SARAF KUMAR SARAF Date: 2021.11.12 17:31:41 +05'30' Sharad Kumar Saraf (Chairman & Managing Director) (DIN NO. 00035843)

Place: Mumbai Date : 12th November 2021

Technocraft Industries (India) Limited

Un-Audited Standalone Segment wise Revenue, Results, Assets and Liabilities for the Quarter and Half Year ended 30th September 2021

		₹ in Lakhs	₹ in Lakhs	₹ in Lakhs	₹ in Lakhs	₹ in Lakhs	₹ in Lakhs
		Quarter Ended			Half Year Ended		Year Ended
Particulars		30.09.2021	30.06.2021	30.09.2020	30.09.2021	30.09.2020	31.03.2021
		Un-Audited	Un-Audited	Un-Audited	Un-Audited	Un-Audited	Audited
1	Income from operations
	Continuing Operations
	a. Drum Closures Division	13,029.71	12,522.82	8,511.71	25,552.53	16,888.41	36,381.45
	b. Scaffoldings Division	14,746.80	11,111.59	7,979.64	25,858.39	13,153.15	31,290.31
	c. Yarn Division	9,638.52	8,596.34	6,776.32	18,234.86	11,044.99	25,804.91
	d. Fabric Division	6,821.55	5,793.94	3,887.98	12,615.49	5,505.16	15,813.94
	Total	44,236.58	38,024.69	27,155.65	82,261.27	46,591.71	1,09,290.61
	Less : Inter Segment Revenue	3,528.33	3,718.94	2,501.49	7,247.27	4,056.65	9,771.17
	Total Income from Continuing operations	40,708.25	34,305.75	24,654.16	75,014.00	42,535.06	99,519.44
	Discontinued Operations
	Power Division	-	-
	Less : Inter Segment Revenue	-	-
	Total Income from Discontinued operations	-	-	-	-	-
	Total Income from Continued & Discontinued operations	40,708.25	34,305.75	24,654.16	75,014.00	42,535.06	99,519.44
2	Segment Results
	Profit/(Loss) after Depreciation but Before Finance Cost , Tax & Exceptional items
	a. Drum Closures Division	4,167.38	4,945.51	2,489.17	9,112.89	5,685.18	11,982.15
	b. Scaffoldings Division	494.92	874.71	596.44	1,369.63	1,092.67	2,155.73
	c. Yarn Division	1,432.76	1,242.58	(379.08)	2,675.34	(870.42)	63.56
	d. Fabric Division	327.73	309.75	(57.73)	637.48	(265.12)	(592.54)
	Total	6,422.79	7,372.55	2,648.80	13,795.34	5,642.31	13,608.90
	Less :
	i.Finance Cost	350.67	512.38	605.33	863.05	1,320.26	2,410.38
	ii.Other un-allocable expenditure net off un-allocable income	(698.30)	(402.23)	(382.45)	(1,100.53)	(1,264.52)	(2,364.95)
	Total Profit Before Tax from Continuing Operations before exceptional items	6,770.42	7,262.40	2,425.92	14,032.82	5,586.57	13,563.47
	Exceptional items -Refer Note 4	287.50	171.83	-	459.33	-	1,062.64
	Total Profit Before Tax from Continuing Operations after exceptional items	7,057.92	7,434.23	2,425.92	14,492.15	5,586.57	14,626.11
	Gain / (Loss) from Discontinued Operations ( net of Finance Cost) before ~~Tax~~
	Power Division	(17.49)	(4.68)	(96.40)	(22.17)	(1,001.17)	(1,694.08)
	Total Profit /( Loss) before Tax(Continuing & Discontinued Operations)	7,040.43	7,429.55	2,329.52	14,469.98	4,585.40	12,932.03
3	Segment Assets
	a. Drum Closures Division	24,127.83	25,077.88	18,911.11	24,127.83	18,911.11	21,859.42
	b. Scaffoldings Division	46,079.59	45,875.59	40,100.54	46,079.59	40,100.54	42,855.43
	c. Yarn Division	26,793.75	28,189.25	29,777.50	26,793.75	29,777.50	26,466.72
	d. Fabric Division	15,542.55	15,073.44	15,735.30	15,542.55	15,735.30	15,415.32
	e. Power Division-Discontinued Operations	922.62	977.07	1,809.88	922.62	1,809.88	1,039.37
	Total Segment Assets	1,13,466.34	1,15,193.23	1,06,334.33	1,13,466.34	1,06,334.33	1,07,636.26
	Unallocable Assets	46,079.58	42,694.59	35,745.28	46,079.58	35,745.28	40,347.39
	Total Assets	1,59,545.92	1,57,887.82	1,42,079.61	1,59,545.92	1,42,079.61	1,47,983.65
4	Segment Liabilities
	a. Drum Closures Division	5,753.63	7,079.43	5,487.66	5,753.63	5,487.66	5,578.33
	b. Scaffoldings Division	6,925.10	5,466.76	3,551.93	6,925.10	3,551.93	4,129.18
	c. Yarn Division	3,202.77	3,743.39	2,884.66	3,202.77	2,884.66	3,424.29
	d. Fabric Division	1,761.23	2,246.56	1,805.26	1,761.23	1,805.26	1,909.85
	e. Power Division-Discontinued Operations	47.83	268.73	329.26	47.83	329.26	327.79
	Total Segment Liabilities	17,690.56	18,804.87	14,058.77	17,690.56	14,058.77	15,369.44
	Unallocable Liabilities	35,412.94	38,168.06	39,138.85	35,412.94	39,138.85	37,360.47
	Total Liabilities	53,103.50	56,972.93	53,197.62	53,103.50	53,197.62	52,729.91

Technocraft Industries (India) Limited Un -Audited Standalone Balancesheet as at 30th September 2021

₹ in Lakhs

Particulars	As at 30.09.2021	As at 31.03.2021
	Un -Audited	Audited
ASSETS A) Non-current assets Property, Plant and Equipment Capital work-in-progress Investment Property Other Intangible assets Financial Assets i) Investments ii) Others Financial Assets Other non-current assets Total Non -current assets B) Current assets Inventories Financial Assets i) Investments ii) Trade receivables iii) Cash and cash equivalents iv) Other Bank Balances v) Loans vi) Others Financial Assets Other current assets Total Current assets Assets Classified as held for Sale ( Refer Note 3) Total Assets EQUITY AND LIABILITIES EQUITY Equity Share Capital Other Equity Total Equity LIABILITIES A) Non-current liabilities a) Financial Liabilities i) Borrowings ii) Other financial liabilities b) Provisions c) Deferred tax liabilities (Net) d) Other non-current liabilties Total Non-current liabilities B) Current liabilities a) Financial Liabilities i) Borrowings ii) Trade payables Total Outstanding dues to Micro & Small Enterprises Total Outstanding dues to Creditors other than Micro & Small Enterprises iii) Other financial liabilities b) Other current liabilities c) Provisions d) Current Tax Liabilities (Net) Total Current liabilities Total Equity and Liabilities	32,779.91 1,206.52 825.41 51.33 23,983.50 667.18 512.53	33,967.95 722.06 845.98 27.98 14,197.80 3,000.87 168.59
	60,026.38	52,931.23
	28,480.75 13,313.90 43,940.86 2,952.40 2,634.50 1,009.57 1,565.81 5,107.22	24,608.81 17,663.23 38,753.96 5,118.21 42.79 1,145.86 1,642.05 5,266.94
	99,005.01	94,241.85
	514.53	810.57
	1,59,545.92	1,47,983.65
	2,446.17 1,03,996.25	2,446.17 92,807.57
	1,06,442.42	95,253.74
	5,646.17 17.51 2,030.18 943.90 763.53	10,547.84 8.24 1,824.93 1,079.73 880.38
	9,401.29	14,341.12
	22,958.14 23.42 4,931.65 11,576.49 1,960.33 268.14 1,984.04	20,167.91 28.97 4,794.99 10,989.22 1,615.87 229.68 562.15
	43,702.21	38,388.79
	1,59,545.92	1,47,983.65

Un-Audited Standalone Cash Flow Statement for the Half year ended 30th September 2021

Un-Audited Standalone Cash Flow Statement for the Half year ended 30th September 2021	Un-Audited Standalone Cash Flow Statement for the Half year ended 30th September 2021	Un-Audited Standalone Cash Flow Statement for the Half year ended 30th September 2021	Un-Audited Standalone Cash Flow Statement for the Half year ended 30th September 2021
(₹ in lakhs)
		Half Year Ended 30th September 2021	Half Year Ended 30th September 2020
A.	CASH FLOW ARISING FROM OPERATING ACTIVITIES
	Profit afterexceptional items but before tax fromContinuing operations	14,492.15	5,586.57
	Profit afterexceptional items but before tax from Discontinued operations	(22.17)	(1,001.17)
	Add /(Less) : Adjustments to reconcileprofit before tax to net cash used in operating activities
	Exceptional Items (Refer NoteNo4)	(459.33)	-
	Profit onSale of FixedAssets	(10.31)	-
	Depreciation&Amortisation Expenses	2,676.64	2,969.20
	Government GrantIncome	(115.57)	(108.00)
	Provision for ImpairmentLossin respect of Property ,Plant &Equipment	-	866.35
	Share of Loss of Associate	0.02	0.02
	UnrealisedForex Loss / (gain)	160.66	(252.27)
	Interestincome	(129.24)	(293.25)
	InterestExpenses	713.09	1,183.02
	DividendIncome	-	(0.02)
	Rental Income	(52.51)	(86.23)
	Net gainonSales /fair valuationof Investments throughprofit &loss	(1,832.76)	(1,656.29)
		15,420.67	7,207.93
	Working capital adjustments
	(Increase)/Decreasein inventories	(3,871.94)	5,727.07
	(Increase)/Decreaseintradereceivables	(5,230.84)	6,665.48
	(Increase)/Decreaseinother receivables	(529.89)	124.33
	Increase/ (Decrease)intrade and otherpayables	2,470.86	(1,234.43)
		8,258.86	18,490.38
	IncomeTaxpaid	(2,044.10)	(931.52)
	Net Cash Inflow/(Outflow) inthe course of Operating Activities (A)	6,214.76	17,558.86
	Net Operating Cash Inflow/(Outflow)fromContinuing Operations	6,418.69	17,762.54
	Net Operating Cash Inflow/(Outflow)from Discontinued Operations	(203.93)	(203.68)
B.	CASH FLOW ARISING FROM INVESTING ACTIVITIES :
	Purchase of Property,Plant andEquipment /InvestmentProperties /
	Intangible assetsincluding capital work in Progress	(2,102.34)	(1,436.25)
	SaleProceeds of Property ,Plant and equipment	892.20	196.44
	Purchase of Investments	(10,810.00)	(5,250.00)
	Proceedsfromsale of Investments	7,206.40	6,228.65
	Interestreceived	302.44	190.55
	Refund/ (Investment)inbankdepositshaving Original Maturity of more than3months	(106.15)	(31.02)
	DividendReceived	-	0.02
	RentReceived	52.42	83.86
	Net Cash Inflow/(Outflow) inthe course of Investing Activities (B)	(4,565.03)	(17.75)
	Net Cash Inflow/(Outflow)inthe course of InvestingActivitiesfromContinuing Operations	(4,570.58)	(19.74)
	Net Cash Inflow/(Outflow)inthe course of InvestingActivitiesfrom Discontinued Operations	5.55	1.99
C.	CASH FLOW ARISING FROM FINANCING ACTIVITIES :
	NetProceedsfrom Borrowingsfrom Bank	(3,311.34)	(16,101.41)
	NetRecovery of Loan fromSubsidiaries	118.09	-
	Interest paid	(622.29)	(1,249.97)
	Repayment of LeaseLiabilities	-	(84.50)
	Net Cash Inflow/(Outflow) inthe course of Financing Activities (C)	(3,815.54)	(17,435.88)
	Net Cash Inflow/(Outflow)inthe course of FinancingActivitiesfromContinuing Operations	(4,000.90)	(17,578.79)
	Net Cash Inflow/(Outflow)inthe course of FinancingActivitiesfrom Discontinued Operations	185.36	142.91
	Net increase /(decrease) incash and cash equivalents (A+B+C )	(2,165.81)	105.23
	Cashand cashequivalents at the beginning ofthe year	5,118.21	4,459.01
	Cash and cash equivalents at the end of the Period	2,952.40	4,564.24

Notes-

1 The above Cash Flow Statement has been prepared under the 'Indirect Method' as set out in the Accounting Standard (IND AS) 7 - "Cash Flow