Shri Aster Silicates Limited (Formerly known as Aster Silicates Limited)

Regd office: B-506, Infinity, Nr. Hotel Ramada, Corporate Lane Road, Prahalad Nagar Garden, Satellite ,Ahmedabad ,Gujarat ,380015

Un- Audited Financial Results for the Quarter and Nine Months ended 31-12-2013
(in ` Lakhs except per share data)
Unaudited Unaudited Unaudited Unaudited Unaudited
Audited
Correspond
Nine
Preceeding ing three
Nine
months
Previous
Three
three
months
months
ended in
Year
months
Particulars
months
ended in
ended
Previous
ended
ended
ended
Previous
Year
Year
31-12-13
30-09-13 31-12-2012 31-12-13 31-12-2012 31-03-13

Part I

1. Income form Operations

(a) Net Sales/Income from Operations
(net of excide duty)
(b) Other Operating Income
Total income from operations (net)
2. Expenditure
a. Cost of materials consumed
b. Purchase of stock-in-trade
c. Changes in inventories of finished
goods,WIP and stock-in-trade
d. Employees benefits expense
e. Depreciation and amortisation expense

494.03

385.79

879.82

494.03

0.72
386.51

0.72
880.54

261.10
-

195.19
57.28

456.29
57.28

12.42
32.07

10.78
32.07

24.77
-

325.36
442.43
11.34
f. Other expenditure (Any item exceeding
10% of the total expenses relating to
continuing operations to shown
seperately)
Total Expenses
630.95
737.75
36.11
3. Profit/(Loss) from Operations before
(136.92)
(351.24)
(36.11)
Other Income, finance cost and
Exceptional Items (1-2)
1.66
4.69
4. Other Income
5. Profit/(Loss) from ordinary activities
(135.26)
(351.24)
(31.42)
before finance cost and Exceptional Items
(3+/- 4)
294.37
279.43
197.24
6. Finance Costs
(429.63)
(630.67)
(228.66)
7. Profit/(Loss) from ordinary activities
after finance cost but before Exceptional
Items (5+/- 6)
8. Exceptional items
111.79
(541.42)
(630.67)
(228.66)
9. Profit / Loss from Ordinary Activities
before tax (7+/- 8)
10. Tax expense
(541.42)
(630.67)
(228.66)
11. Net Profit / Loss from Ordinary
Activities after tax (9 +/- 10)
12. Extraordinary Item
(net of tax expense Rs.
lacs)
(541.42)
(630.67)
(228.66)
13. Net Profit/ Loss for the period (11 +/12)
2,352.66
2,352.66
1,486.11
14. Paid up equity share capital
(Face value of share capital should be
indicated)
6,019.34
6,019.34
6,194.97
15. Reserve excluding Revaluation
Reserves as per balance sheet of previous
accounting year
16 (i). Earnings Per Share (EPS) (before extraordinary items) (not annualised)
a) Basic
(2.30)
(2.68)
(1.54)
b) Diluted
(2.30)
(2.68)
(1.54)
17 (ii). Earning per share (after extraordinary items) (not annualised)
a) Basic
(2.30)
(2.68)
(1.54)
b) Diluted
(2.30)
(2.68)
(1.54)

84.16
(84.16)

23.20
64.14

28.97
-

17.95
-

767.79

74.13

95.01

1,368.70
(488.16)

103.10
(103.10)

112.96
(112.96)

1.66
(486.50)

4.69
(98.41)

(112.96)

573.80
(1,060.30)

316.97
(415.38)

(112.96)

111.79
(1,172.09)

4.61
(419.99)

(112.96)

(1,172.09)

(419.99)

1.80
(114.76)

(1,172.09)

(419.99)

(114.76)

2,352.66

1,486.11

1,486.11

6,194.97

6,194.97

6,019.34

(4.98)
(4.98)

(2.83)
(2.83)

(0.77)
(0.77)

(4.98)
(4.98)

(2.83)
(2.83)

(0.77)
(0.77)

Shri Aster Silicates Limited (Formerly known as Aster Silicates Limited)

Regd office: B-506, Infinity, Nr. Hotel Ramada, Corporate Lane Road, Prahalad Nagar Garden, Satellite ,Ahmedabad ,Gujarat ,380015

Un- Audited Financial Results for the Quarter and Nine Months ended 31-12-2013
Part II
Unaudited Unaudited Unaudited Unaudited Unaudited
Correspond
Nine
Preceeding
ing three
Three
Nine
months
three
months
months
months
ended in
Particulars
months
ended in
ended
ended
Previous
ended
Previous
Year
31-12-13

30-09-13

A. Particulars of Shareholding
1.Public Shareholding
- No. of shares
16566815
70.42%
- Percentage of shareholding
2. Promoters and promoter group shareholding**
a) Pledged/Encumbered
- Number of shares
6784011
- Percentage of shares
(as a% of the total shareholding of
promoter and promoter group)
97.47%
- Percentage of shares
(as a% of the total share capital of the
28.84%
b) Non-encumbered
- Number of Shares
175796
- Percentage of shares
(as a% of the total shareholding of
promoter and promoter group)
2.53%
- Percentage of shares
(as a % of the total share capital of the
company)
0.75%
Particulars
B Investor Complaints
B.
Pending at the beginning of the quarter
Received during the quarter
Disposed of during the quarter

31-12-2012

31-12-13

31-12-2012

Audited
Previous
Year
ended
31-03-13

16566815
70.42%

7933158
53.38

16566815
70.42%

7933158
53.38

7901304
53.17%

6784011

141442

6784011

141442

6784011

97.47%

2.04%

97.47%

2.04%

97.47%

28.84%

0.95%

28.84%

0.95%

45.65%

175796

6786511

175796

6786511

175796

2.53%

97.96%

2.53%

97.96%

2.53%

0.75%

45.67%

0.75%

45.67%

1.18%

3 months ended
31/12/13
Nil
Nil
Nil
Nil

Remaining unresolved at the end of the qua

Notes:
1) Figures for previous periods have been regrouped/ reclassified to confirm the figures of the current periods.
2) Company has carried out major repairs of one of its furnaces which was damaged due to heavy rains in the
region. The same has been classified as exceptional expenditure.
3) The above unaudited financial results have been reviewed by the audit committee and approved at the meeting
of Board of Directors held on 14th February 2014 and limited review of the same has been carried out by the
statutory auditors of the company.
4) Status of Investor's Complaints for the Quarter - Beginning -0, Received 0, Resolved/attended-0, Pending-0
For Shri Aster Silicates Limited
Formerly known as Aster Silicates Limited

Date: 14th February 2014

Place: Ahmedabad

Mahesh Maheshwari
Managing Director

B P S D & ASSOCIATES
Chartered Accountants

Mumbai: 301-B, 51-C Yash Avenue, Sector 20, Kharghar, Navi Mumbai-410210

To,
Shri Aster Silicates Limited
(Previously Known As Aster Silicates Limited)
We have reviewed the accompanying statement of unaudited financial results of Aster Silicates Limited
for the quarter ended December 31, 2013 except for the disclosure regarding Public Shareholding and
Promoter and Promoter Group Shareholding which have been traced from disclosures made by the
management and have not been audited by us. This statement is the responsibility of the Companys
management and has been approved by the Board of Directors/ Committee of Board of Director. Our
responsibility is to issue a report on these financial statements based on our review.
We conducted our review in accordance with the Standard on Review Engagement (SRE) 2400,
engagements to Review Financial Statements issued by the Institute of Chartered Accountants of India. This
standard requires that we plan and perform the review to obtain moderate assurance as to whether the
financial statements are free of material misstatement. A review is limited, primarily to inquiries of
company personnel and analytical procedures applied to financial data and thus provide less assurance
than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.
Based on our review conducted as above, nothing has come to our attention that causes us to believe that
the accompanying statement of unaudited financial results prepared in accordance with applicable
Accounting Standards and other recognized accounting practices and policies has not disclosed the
information required to be disclosed in terms of Clause 41 of the Listing Agreement including the manner
in which it is to be disclosed, or that it contains any material misstatement.

For B P S D & ASSOCIATES

Chartered Accountants
FRN: 118251W

CA Sachin Pachkhede
Partner
Membership No.104660
Place: Ahmedabad
Date: 14/02/2014

Nagpur: 3 & 4, Sai Sagar, Hingna Road, Subhash Nagar, Nagpur-36. Tel:- 0712- 2236686,
2233929, 6424046