Weizmann Limited. — Interim / Quarterly Report 2021

Nov 12, 2021

CIN:L65990MHl985PLC038164 Regd. Office: 214, Empire House, Dr. D. N. Road, Ent. A. K. Nayak Marg, Fort, Mumbai - 400 001. Website: www.weizmann.co.in, Email: contact@weizmann.co.in Tel. Nos :022-22071501 ( 6 lines) Fax No.: 022-22071514

12th November, 2021

National Stock Exchange of India Limited	BSE Limited
listing Department.	Corporate Relation Department,
Exchange Plaza, C-1, Block- G,	listing Department,
BandraKurla Complex,	PhirozeJeejeebhoy Towers,
Sandra (East) Mumbai-400 051.	Dalal Street, Mumbai - 400 023.
Fax No. 26598235/8237/8347.	Facsimile No. 22723121/22722037 /2041
Symbol: WEIZMANIND	Scrip Code: 523011

Dear Sir/Madam,

Sub:Outcome of Board Meeting

Pursuant to Regulation 30 read with Regulation 33 of SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors at its meeting held today i.e. on 12th November, 2021 have considered the following matters:

• 1. Adopted and Approved Un-audited Financial Results (Standalone and Consolidated) for the quarter and half year ended 30th September, 2021 along with the limited Review Reports of the Statutory Auditors. (Copies of Un-audited Financial Results along with limited Review Reports for the quarter and half year ended 30th September, 2021 are enclosed herewith).
• 1. Appointment of Mr. Sreerama Sudhakar Tammana as Chief Financial Officer (Key Managerial Personnel) of the Company w.e.f. 12th November, 2021, so as to fill in the vacancy caused by Resignation of Chief Financial Officer - Mr. Prakash Kumar Mewara as intimated to Stock Exchanges on 05.10.2021. Brief Profile i.e. details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI circulars CIR/CFD/CMD/4/2015 dated September 9, 2015 is as below:

SR. NO.	PARTICULARS	DISCLOSURES
1.	Reason for change	Appointment pursuant to Section 203 of Companies Act, 2013, read with the relevant made thereunder and (Listing rules SEBI Requirements) Obligations and Disclosure Regulations, 2015, to fill in the vacancy that arose in the light of resignation of earlier incumbent.

ClN:L65990MH1985PLC038164

Regd. Office: 214, Empire House, Dr. D. N. Road, Eal A. K. Nayak Marg, Fort, Mumbai -400 001. Website: www.weizmann.co.in, Email: contactc@,weizmann.co.in Tel. Nos :022-22071501 ( 6 lines) Fax No.: 022-22071514

2.	Date of appointment & Term of appointment	12.11.2021 Term of Appointment: N.A.
3.	of (in case Brief profile appointment)	Mr. Sreerama Sudhakar Tammana, aged 64 a Bachelor of Commerce from years, is University, Vijayawada. He has Nagarjuna over 38 years experience in Accounts in the Manufacturing and Service Industries.
4.	of relationships Disclosure between directors (in case of appointment of a director)	N.A.

The Board Meeting commenced at 4.00 p.m. and concluded at 4.35 p.m.

You are requested to take the above on record and oblige.

Thanking You.

Yours Sincerely, For Weizmann Limited

Ami Purohit Company Secretary

Encl. As above

BATLIBOI & PUROHIT Chartered Accountants

Independent Auditor's Review Report on the Interim Unaudited Standalone Financial Results of Weizmann Limited.

To the Board of Directors of Weizmann Limited

• 1. We have reviewed the accompanying statement of unaudited standalone financial results of Weizmann Limited ("the Company") for the quarter and half year ended September 30, 2021 ('the Standalone Statement'). The Standalone Statement has been prepared by the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ('Listing Regulations') as amended.
• 1. This Standalone 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 (Ind AS), prescribed under Section 133 of the Companies Act, 2013 ('the Act'), read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Standalone Statement based on our review.
• 1. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. 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.
• 1. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Standalone Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under Section 133 of the Act, 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.

For BATLIBOI & PUROHIT Chartered Accountants ICAI Firm Reg No. 101048W

-91 ~

Kaushal Mehta - · Partner Membership No. 111749 Place: Mumbai Date: 12th November, 2021 ICAI UDIN: 21111749AAAAGN2603

[ CIN NO: L65990MH198SPLC038164)

Regd. Office : Empire House, 214, Dr. D.N.Road, Ent. A. K. Nayak Marg, Fort, Mumbai • 400 001.

Website: www.weizmann.co.in E-mail: contact@weizmann.co.in Phone : 022-2207 1501 (6 lines) Fax: 022-22071514

( Rs. in l.akhs exceot per share data )

Sr		Quarter Ended			Half Year ended		Year ended
No	Particulars	30,09.21	30.06,21	30.09.20	30.09.21	30.09.20	31.03.21
		Unaudited	Unaudited	Unaudited	Unaudited	Unaudited	Audited
	1 Income
	(a) Revenue from Operations	2,494.85	2,129.42	2,416.95	4,624.27	3,370.29	9,761.58
	(b) Other Income	13.42	4.46	16.14	17.88	32.27	66.66
	Total Income	2,508.27	2,133.88	2,433.09	4,642.15	3,402.56	9,828.24
	2 Expenses
	(a) Cost of Materials Consumed	1,086.84	905.95	929.59	1,992.79	1,203.84	3,734.52
	(b) Changes in Inventories of Finished Goods, Work-in-Progress
	and Stock-in-Trade	100.16	(58.92)	(47.98)	41.24	23.72	23.65
	(c) Employee Benefit Expenses	213.97	243.57	199.22	457.54	326.63	762.58
	(d) Finance costs	4.94	8.57	32.08	13.51	67.32	128.69
	(e) Depreciation and Amortisation expenses	86.12	85.22	72.13	171.34	134.60	311.14
	(f) Power & Fuel (g) Job Work Charges	393.12	347.15	352.83 307.51	740.27 638.65	461.72 411.90	1,327.61 1,341.96
	(h) Other Expenses	306.01 329.51	332.64 268.80	507.14	598.31	632.30	1,439.54
	Total Expenses	2,520.67	2,132.98	2,352.52	4,653.65	3,262.03	9,069.69
	3 Profit before exceptional items and tax ( 1-2)	(12.40)	0.90	80.57	(11.50)	140.53	758.SS
4	Exceptional Items
	5 Profit before tax (3-4)	(12.40)	0.90	80.57	(11.50)	140.53	758.55
	6 Tax Expenses
	(a) Current Tax	5.00		48.00	5.00	65.50	187.00
	(b) Current Tax Expense Relating to Earlier Year's			9.49		9.49	59.06
	(c) Deferred Tax	(7.80)	0.29	(30.52)	(7.51)	/28.96I	20.23
	7 Proflt/(Loss) for the period (S-6)	{9.60)	0.61	53.60	(8.99)	94.50	492.26
	8 Other Comprehensive Income (OCI)
	(Al Items that will not be reclassified to Profit and Loss
	(1) Re-measurment gain/(Loss) on Defined benefit plan						(2.14)
	(ii) Income tax effect on above						0.60
	(iii) Net gain/(Loss) on Equity Shares fair value through OCI	82.76	(72.01)	(12.19)	10.75	11.86	(70.80)
	(iv) Income tax effect on above	(18.42)	16.03	2.71	(2.39)	(2.64)	15.76
	(Bl Items that will be reclassified to Profit and Loss
	Total Other Comprehensive Income	64.34	(55.98)	19.481	8.36	9.22	(56.58
	Total Comprehensive Income (after Tax) (7+8) Earning per Share (of Rs. 10/- each) (Quarter figures not	54.74	(55.37)	44.12	(0.63)	103.72	435.68
	9 annualised)
	Basic	(0.06)	0.00	0.31	(0.05)	0.55	2.85
	Diluted	(0.06)	0.00	0.31	(0.05)	0.55	2.85

Notes to Financial Results:

1 The above results have been prepared in accordance with Indian Accounting Standards ('Ind AS') notified under Section 133 of the Companies Act, 2013, read together with the Companies (Indian Accounting Standards) Rules, 2015 (as amended).

2 These results have been reviewed by the Audit Committee and approved by the Board of Directors at the meeting held on 12th November 2021 and have been subject to Limited Review by the Statutory Auditors.

3 The Company is primarily operating in the business of processing and manufacture of textiles. Hence, there is only one business segment as per Ind-AS 108 · Operating Segments.

• 4 The Company has considered the possible effects that may result from the pandemic relating to COVID-19 in the preparation of these financial statements including the recoverability of carrying amounts of financial and non-financial assets. In developing the assumptions relating to the possible future uncertainties in the economic conditions because of this pandemic, the Company has, at the date of approval of these financial statements, used internal and external sources of information and expects that the carrying amount of these assets will be recovered. The impact of COVID-19 on the Company's financial statements may differ from that estimated as at the date of approval of these financial statements.
• 5 The figures for the quarter ended 30th September, 2021 are balancing figures between the figures of the unaudited reviewed amounts for the half year ended 30th September, 2021 and unaudited reviewed amounts for the quarter ended 30th June, 2021.
• 6 Previous period's figures have been regrouped/reclassified wherever necessary.

Place:-Mumbai Date : 12th November 2021

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Ne lbmal Vrajlal Slraj • ('- Vic -Chairman & Managing Director DIN 00021986

w~ ~m~r,r, 11._i m itE3c::I

Regd. Office: Empire House, 214, Dr. D.N.Road, Ent. A. K. Nayak Marg,

Fort, Mumbai - 400 001.

[ CIN NO: L65990MH1985PLC038164]

Website www.welzmann.co in E-ma,1 contact@wei,mann.co In Tel: 022 22071501 16 Lines) Fax: 022 22071514

UN-AUDITED STANDALONE STATEMENT OF ASSETS AND LIABILITIES As at 30th September 2021

	30-o9-2021	31.03-2021
	UNAUDITED	AUDITED
ASSETS
Non-current assets
(a) Property, plant and equipment	2,786 98	2,927.62
(b) Right of Use Assets	24.11	8.91
(c) Capital work-in-progress	49.10	-
(d) Financial assets
(i) Investments	2,911 .47	2,900 77
(h) Others	65875	161 40
(e) Income Tax Assets (Net)	170.97	110.71
(f) Other Non-current assets	508 85	433.18
Total Non Current Assets	7,110.23	6,S42.S9
Current assets
(a) Inventories	512.77	1,033 79
(b) Financial assets
(1) Equity Instruments held for Trading	0.85	0.81
(Ii) Trade receivables	1,271 11	1,813.51
(iii) Cash and Cash Equivalents	32.25	86.96
(lv) Bank Balances other than (Iii) above	11 5 22	36.57
(v) Loans	279.85	12.85
(c) Other current assets	623.70	77820
Total Current Assets	2,835.55	3,762.49
TOTAL ASSETS	9,945.78	10,30S.08
EQUITY AND LIABILITIES
Equity
(a) Equity share capital	1,72715	1,727.15
(b) Other equity	4,169.75	4,256.74
Total Equity	5,896.90	5,983.89
Liabilities
Non-current liabilities
(a) Financial liabilities
(I) Borrowings	15 81	29.43
(ii) Lease Llabliities	2.54	-
(iii) Other financial liabilities	12.00	12.00 3.69
(iv) Provisions	3.69 155.23	160.35
(b) Deferred tax liabilities (net)		20S.47
Total Non Current Liabilities	189.27
Current liabilities
(a) Financial liabilities	47 51	1.616,66
(I) Borrowings	2204	9.02
(II) Lease Uabliities	1,508.87	2,018 51
(ill) Trade payables	1,904 63	78.02
(iv) Other financial liabilities	353.01	371 56
(b) Other current liabilities	23.55	21.95
(c) Provisions
Total Current Liabilities	3,859.61	4,115.72
TOTAL EQUITY ANO LIABILITIES	9,945.78	10,305.08

Date :- 12th November, 2021 Place:-Mumbai

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,fflkam, I Vra/lal Slra/ ) ee Chalnnan & Managing Director D N:00021986

Weiimann Limited

UN-AUDITED STANDALONE STATEMENT OF CASH FLOW FOR THE PERIOD ENDED 30TH SEPTEMBER, 2021

Particulars	30.09.2021 (Un Audited)		30.09.2020 (Un Audited)
		(11.50)		140.53
Net Profit/ (Loss) before exceptional items and tax
Adlustments for: Depreciation and amortisation	171.34		134.60
Finance Costs	13.51		67.32
Interest Income	115.00)		(2.42)
Interest Income on Income Tax			(6.10)
Dividend Income			(0.39)
Fair Value (Gain)/Lossess on FVTPL Investment/Equity Instrument			(13.80)
Provision for doubtful debts			126.70
(Profit)/Loss on Sale of Securities/Investments	(0.04)
Rental Income from Investment Properties	12.34)		(2.60)
Liabilities/ Provisions no longer required written back			(0.46)
Operating Profit/ (loss) before changes in Assets & liabilities		167.47		302.85
Operating Profit/ (loss) before Working Capital Changes		155.97		443.38
Chanqes in warkinq capital:
Adjustments for {Increase)/ Decrease in Operating Assets:
Inventories	521.02		(375.03)
Trade Receivables	542.40		(25.10)
Short-Term Loans and Advances	(267.00)		(2.72)
Other Financial Assets	(497.35)		55.96
Ot her Current & Non Current Assets	78.83		(197.02)
Adjustments for Increase I (Decrease} in Operating liabilities:	(509.64)		50S.48
Trade Payables	(18.55)		43.60
Other Current Liabilities	1,826.61		22.87
Other Financial Liabilities	1.60		7.26
Provisions
		l,6n.92		35.30
Cash Generated from Operations		1,833.89		478.68
Net Income Tax (Paid)/ Refunds		(62.77		32.16
Net Cash Flow from/ (used in) Operating Activities (Al		1,771.12		510.84
8. Cash Flow from Investing Activities
Purchase of Fixed Assets, including Capital work in progress	(50.18)		(340.14]
Proceeds from Sale/Discarded of Fixed Assets	0.20
Proceeds from Redemption of Preference Shares			225.00
Proceeds from Sale of Long-Term Investments	0.05
Proceeds from sale of Equity Instruments for Trading
Interest Received	15.00		8.52
Dividend Received			0.39
Movement in Fixed Deposits with Bank (Net)	(78.65)		9.87
Rental Income from Investment Properties	2.34		2.60
Net Cash Flow from/ (used in) Investing Activities (Bl		(111.24)		(93.76)
C. Cash Flow from Financing Activities
Payment of Long-term borrowings	(13.62)		(24.32)
Payment of Short-Term Borrowings	(1,569.16)		(382.35)
Principal payment of Leases	(33.67)		(28.50)
Finance Cost	(11.78)		(65.63]
Dividend Paid	(86.36)
Net Cash Flow from/ (used In) Financing Activities (C)		(1,714.59)		(500.80)
Net increase/ (decrease) in Cash and Cash Equivalents (A+B+C)		(54.71)		(83.73)
Cash and Cash Equivalents at the Beginning of the Period	86.96		129.57
	32.25	(54.71)	45.84	(83.73)
Cash and Cash Equivalents at the End of the Period
Reconciliation of Cash and Cash Equivalents with the Balance Sheet:
Cash and Cash Equivalents at the End of the Period •
• Comprises:			7.31
(a) Cash on Hand	7.12
(b) Cheques, Drafts on Hand
(c) Balances with Banks	25.13	32.25	38.53	45.84
(i) In Current Accounts
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		Vlce-Chainnan & Managing Director

DIN: 00021986

'-

BATLIBOI & PUROHIT Chartered Accountants

Independent Auditor's Review Report on the Interim Unaudited Consolidated Financial Results of Weizmann Limited. ·

To the Board of Directors of Weizmann Limited

• 1. We have reviewed the accompanying statement of unaudited consolidated financial results of Weizmann Limited (hereinafter referred to as the "Holding Company") and its associate (collectively referred to as 'the Group')for the quarter and half year ended September 30, 2021 ('the Consolidated Statement), attached herewith, being submitted by the company pursuant to the requirement of Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), as amended.
• 1. This Consolidated 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 Standards prescribed under Section 133 of the Companies Act, 2013 ('the Act'), and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Consolidated Statement based on our review.
• 1. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. 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 circular issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable.

• 1. The Consolidated Statement includes the results of one associate namely Windia Infrastructure Finance Limited. (a Non-Bank.fog Finance Company)
• 1. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Consolidated Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under Section 133 of the Act, 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.
• 1. The Consolidated Statement includes the Holding Company's share of net loss of Rs. 164.83 lakhs and Rs 146.82 lakhs and other comprehensive loss of Rs. 23.34 lakhs and Rs 59.44 lakhs for the quarter and half year ended September 30, 2021 respectively in respect of the associate company. These financial statements have been prepared in accordance with the accounting standards prescribed under section 133 of the Companies Act, 2013 read together with paragraph 7 of the Companies (Accounts) Rules, 20 14 (hereinafter referred to as the 'previous GAAP') and have been reviewed by other auditor whose report have been furnished to us. The management of the Hold in

BATLIBOI & PUROHIT Continuation Sheet

Chartered Accountants

Company has restated these Financial Statements in accordance with Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) and are reviewed by us so far as it related to conversion adjustments from Previous GAAP to Ind AS. Our Report on the statement, in so far as it relates to the amounts and disclosures included in respect of this associate, is based solely on the review report of the other auditor and our review of the said conversion adjustments. Our conclusion on the consolidated statements is not modified in respect of our reliance on the work done and the report of the other auditor.

For BATLIBOI & PUROIDT

Chartered Accountants ICAI Firm Reg No. 10 I 048W

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Kaushal Mehta Partner Membership No. 111749 Place: Mumbai Date: I 2th November, 2021 ICAI UDIN: 21111749AAAAG04489

( CIN NO: l6S990MH198SPLC038164 )

Regd. Offlce: Empire House, 214, Dr. D.N.Road, Ent, A. K. Nayak Marg, Fort, Mumbai - 400 001.

Website: www.weizmann.co.in E-mail : contact@weizmann.co.m Phone : 022-2207 1501 (6 Lines) Fax: 022-22071514

( Rs. In lllkhs exceot per share data l

Sr		Quarter Ended			Half Year ended		Year ended
No	Particulars	30.09.21	30,06.21	30.09.20	30.09.21	30.09.20	31.03.21
		Unaudited	Unaudited	Unaudited	Unaudited	Unaudited	Audited
	l Income
	(o) Revenue from Operations	2,494.85	2,129.42	2,416.95	4,624.27	3,370.29	9,761.58
	(b) Other Income	13.42	4.46	16.14	17.88	32.27	66.66
	Total Income	2,508.27	2,133.88	2,433.09	4,642.15	3,402.56	9,828.24
	2 Expenses
	(o) Cost of Materials Consumed	1,086.84	905.95	929.59	1,992.79	1,203.84	3,734.52
	(b) Changes in Inventories of Finished Goods, Work-In-Progress
	and Stock-In-Trade	100.16	(58.92)	(47,98)	41,24	23.72	23,65
	(c) Employee Benefit Expenses	213.97	243.57	199.22	457.54	326.63	762.58
	(d) Fmance costs	4.94	8.57	32.08	13.51	67.32	128.69
	(e) Depreciation and Amortisotion expenses	86.12	85.22	72.13	171.34	134.60	311.14
	(f) Power & Fuel	397.94	347.15	352.83	745.09	461.72	1,327.61
	(g) Job Work Charges	306.01	332.64	307.51	638.65	411.90	1,341.96
	(h) Other Expenses	324.69	268.80	507.14	593.49	632.30	1,439.54
	Total Expenses	2,520.67	2,132.98	2,352.52	4,653.65	3,262.03	9,069.69
	3 Profit before exceptional items and tax (1-2)	(12.40)	0.90	80.57	(11.50)	140.53	758.55
4	Exceptional Items	-	-			-
	5 Profit before tax (3-4)	(12.40)	0.90	80.57	(11.50)	140.53	758.55
	6 Tax Expenses
	(a) Current Tax	5.00		48.00	5.00	65.50	187.00
	(b) Current Tax Expense Relating to Earlier Year's			9.49		9.49	59.06
	(C) Deferred Tax	(7.801	0.29	130.52	(7.51	128.96)	20.23
	7 Profit/(Loss) for the period (5-6)	(9.60)	0.61	53.60	(8.99)	94.50	492.26
	Add: Share in Profit/(Loss) of Associate	(164.83)	18.01	(98.48)	(146.82)	(72.99)	26.39
	8 Total Net Profit/(loss) after Tax	(174.43)	18.62	(44.88)	(155.81)	21.51	518.65
	8 Other Comprehensive Income (OCI)
	(A) Items that will not be reclassified to Profit and Loss
	(1) Re-measurment ga,n/(Loss) on Defined benefit plan						(2.14)
	(II) Income tax effect on above						0.60
	(i11) Net gain/(Loss) on Equity Shares fair value through OCI	82.76	(72.01)	(12.19)	10.75	11.86	(70.80)
	(1v) Income tax effect on above	(18.42)	16.03	2.71	(2.39)	(2.64)	15.76
	(v) Share In OCI of Associate	(23.34)	(36.10)	(8.32)	(59.44)	(2.18)	(45.38)
	(B) Items that will be reclassified to Profit and Loss	-				-
	Total Other Comprehensive Income	41.00	(92.08)	(17.80)	(51.08)	7.04	(101.96)
	Total Comprehensive Income (after Tax) (7+8)	(133.43)	(73.46)	(62.68)	(206.89)	28.55	416.69
	Earning per Share (of Rs. 10/· each) (Quarter figures not
	9 annualised)
	Basic	(1.01)	0.11	(0.26)	(0.90)	0.12	3.00
	Diluted	(1.01)	0.11	(0.26)	(0.90)	0.12	3.00

Notes to Financial Results:

• 1 The above results have been prepared in accordance with Indian Accounting Standards ('Ind AS') notified under Section 133 of the Companies Act, 2013, read together with the Companies {Indian Accounting Standards) Rules, 2015 (as amended).
• 2 These results have been reviewed by the Audit Committee and approved by the Board of Directors at the meeti ng held on 12th November 2021 and have been subject t o Limited Review by the Statutory Auditors.
• 3 The Company is primarily operating In the business of processing and manufacture of textiles. Hence, there Is only one business segment as per Ind-AS 108 - Operating Segments.
• 4 The Company has considered the possible effects that may result from the pandemic relating to COVID-19 m the preparation of these financial statements Including the recoverability of carrying amounts of financial and non-financial assets. In developing the assumptions relating to the possible future uncertainties In the economic conditions because of this pandemic, the Company has, at the date of approval of these financial statements, used Internal and external sources of information and expects that the carrying amount of these assets will be recovered. The impact of COVI0-19 on the Company's financial statements may differ from that estimated as at the date of approval of these financial stotements.
• S The figures for the quarter ended 30th September, 2021 are balancing figures between the figures of the unaudited reviewed amounts for the half year ended 30th September, 2021 and unaudited reviewed amounts for the quart er ended 30th June, 2021.
• 6 Previous period's figures have been regrouped/reclass1f1ed wherever necessary.

Place:-Mumbal Date : 12th November 2021

WE!tl~m~r-. r-. L-imit:~c:=-

Regd. Office: Empire House, 214, Or. O.N.Road, Ent. A. K. Nayak Marg, Fort, Mumbai - 400 001.

[ CIN NO: L65990MH198SPLC038164)

Website: www.weizmann.co In E-mail contact@weizmann.co.ln Tel· 022 2207150116 Lines) Fax: 022 22071514

UN-AUDITED CONSOLIDATED STATEMENT OF ASSETS AND LIABILITIES As at 30th September 2021

	30-0!>-2021	31-03-20U
	UNAUDITED	AUDITED
ASSETS
Non-current assets
(a) Property, plant and equipment	2,786.98	2,927 62
(b) Right of Use Assets	24.11	8.91
(c) Cap,tal work-in-progress	4910
(d) Financial assets
(i) Investments	4,171 56	4,367.12
(ii) Others	658.75	161.40
(e) Income Tax Assets (Net)	170.97	110.71
(f) Other Non-current assets	508.85	433.18
Total Non Current Assets	8,370.32	8,008.94
Current assets
(a) Inventories	512.77	1,033.79
(b) Financial assets
(i) Equity Instruments held for Trading	0 65	0.61
(ii) Trade receivables	1,271.11	1,813.51
(iii) Cash and Cash Equivalents	32 25	86.96
(iv) Bank Balances other than (iii) above	115.22	36,57
(v) Loans	279.85	12.85
(c) Other current assets	623.70	778.20
Total Current Assets	2,83S.SS	3,762.49
TOTAL ASSETS	11,205.87	11,771.43
EQUITY AND LIABILITIES
Equity
(a) Equity share capital	1,727.15	1,727.15
(b) Other equrty	5,429.84	5,723.09
Total Equity	7,156.99	7,450.24
liabilities
Non-current liabilities
(a) Financial liabilities
(r) Borrowings	15 81	29.43
(ii) Lease Liabilities	2.54
(iii) Other financial liabilities	12.00	12.00
(iv) Provisions	3,69	3.69
(b) Deferred tax liabilities (net)	155.23	160.35
Total Non Current Liabilities	189.27	205.47
Current liabilities
(a) Financial liabilrtoes
(i) Borrowings	47.51	1,616.66
(ii) lease Liabliities	22.04	9.02
(iii) Trade payables	1,508.87	2,018.51
(Iv) Other financial liabilities	1,904,63	78,02
(b) Other current liabilities	353.01	371.56
(c) Provisions	23.55	21.95
Total Current Liabilities	3,8S9.61	4,115.72
TOTAL EQUITY AND LIABILITIES	11,205.87	11,771.43

Oate :- 12th November, 2021 Place:•Mumbal

eelkamal Vrajlal Slraj ,ce Chairman & Managing Director , :00021986

Weitmann Limited
	UN-AUDITED CONSOLIDATED STATEMENT OF CASH FLOW FOR THE PERIOD ENDED 30TH SEPTEMBER, 2021

Rs in lacs

171.34 13.51 (15.00) - (0.041 (2.34)	(Un Audited) (11.SO)	(Un Audited) 134.60 67.32 (2 42) (6.10) (0.39) (13.80)	140.S3
		126.70
		(2.60)
		(0.46)
	167.47		30285
			443.38
			3S.30
			478.68
			32.16
			510.84
		(340.14)
0.20
0.0S
			(93.761
		(24.32)
		(382.35)
		(28.SO)
			(S00.80)
	(S4.71)		(83.73)
86,96		129.S7
32.25	(54.71)	4S.84	(83.73)
7.12		7.31
25.13			45.84
	ptN: 00021986
	- S21.02 542.40 (267.00) (497.35) 78.83 (S09.64) (18.SS) 1,826.61 1.60 (50.18) 15.00 (78.65) 2.34 (13.621 (1,569.16) (11.78) (86.36)	15S.97 l,6TT.92 1,833.89 (62.77) 1,771.12 (111.24) (33.671 (1,714.59) 32.25	~ (375.03) (25.10) (2.72) 55.96 (197.02) SOS.48 4360 22.87 7 26 22S.OO 8.52 0.39 9.87 2.60 (65.63) 38,53 Neelkamal Vrajlal Slraj 1\/ice·Cllalrman & Managing Director