SUDARSHAN CHEMICAL INDUSTRIES LIMITED REGO OFFIEICLOUAL HEAD OFFICE : 162 WELLESLEY ROAD, PUNE 411 001 +94.20.2622.4200 Fax :901.20-2606.8222 Email: contact@sudorshan.com Wetnite: www sudarshan.com CIN: L241 [STATEMENT OF AUDITED FINANCIAL RESULTS. ees A (Racin lacs) oncohdated or ‘Quarter ened Year nde ncoeaeas = sveaaete | arr2z0%s | a4.on.20r6 | 34.03.2006 | 31.03.2016 | a4e2-20%6 | 31.03.2006 ‘hudited | Unaudited | Audited | Audited | Audited | Aucited | Aucted {a} et eles income Ho opens (Meo nce sisrog] 269007] 26420] 1107242] 108.1088] wazo40] 1211740 (0) Othe operating income wors| “2504| “2r3n| sonra] sane | torr 6 Tota incone tom operations et) Sirmao|—ari07 | —ar2607| 170.7260 | wousane | Taogsz6| Wai ai84 7 fesbense (@) Cont of materi consumed 102722] 145092] 150002] eoe41] eagr08] 707200] 710020 (0) Purchase of Sickie 00] "7250 anna] © gas77| 3208] aaor7 | at198 (6) Changes m verano ete gos, ost] age] ssn] © “eaoe] Gra] aoa] G30] ‘ork pogtoes ane! sock ade (crease Decree (a Emeoyec nets expense 1002) snsa2] sg0r1]zazz0] —z2s6] roass1] — oan00 (6) Crprecaton and amoriaston expense szraa] seo] yoss7 | garox] 30763] aato2] atmo. Cie exper saor2| _dor2s| _¢23o5| 27007] aszane|_szrars|_zoa70 [tl expenses ‘Busse | —25,1701| —2e13.1 | vooss01] —0,s800] —v2000Ke [Trs.nez Tet oss ra operate bow her Beads] 2ow0] — 70] — TAs] — sada] — Th9780] — Bars, frcams trance cost and exception Rr (Y= 2) 4 foterincare: eva] 22a] nos] azuss] 2eee! sano] 22000 15 [Prt Los) tom eran actin bere trance coe sieve] acca] sanz] rane] gama! wasn] rome Jnd exceptional tere = 4) 6 [France cou cas] ose} arr] 2080] 34007] sasyo] anna 7 |ptee ons tom dear ates ater tance cost aris7] 1s0s6/ 518] gease] 0021] opnr2) 7.1302 out stor exepions erm (5-6) 18 [Esceptnat tems income /(Expenee) [ett (Los) tom erry actin tere ta +8) ai7] gos] sive] eave] —og021] gaor2 | itso 10 [reepewe casa] 2000] 553] 26058] zara] amr) ayaa 41. [Net Pree (.%8 tom ernay actos ara (10) amma} 1380] 3968] zaeze] azz) ogors] savv0 12 [Esvacranay tome (et ef tax expec) 48 fet rete our the pond 9 12) ama} rars0] ass] ze20] aze7| ogre] sasv0 JPeciunecaty sre capi Face Va fe 2 per ere) tapes] ana. ages] rane] ranso| seas Jaesowe Revaaton esones avsoas | auena| sora] oasis ang et share (before exisoTaMaTy FATS] for re 2 cn) arsine} nae & Ones aw reo] os1| 1028] | to 700 TE [ERTINgS per share (ter exraraay Remap rr 2- oor (nt anus) Bes Chemical Industries Ltd. ZG PAR. Ratht Chalrman & Managing Director‘STANDALONE SEGMENT.WISE REVENUE, RESULTS AND CAPITAL EMPLOYED (Rs. in Lace) uate nae Year Ende Seniesa se. Particutars Ne. 31.09.2016 | 31.12.2018 | 31.03.2018 | 31.03.2016 | 31.03.2015 | 31.02.2016 | 21.03.2018 ‘Audited | Unaudited | Audited | Aucited | Audited | Audited | Audited [Segment Revenue a) Paments zeeasa| 246536] 24,1041] 1073977] 96,2004] 118.3143] 105.400. te) Agro Chemicals 2e526| 21273| 20738] 1116208 115502] 11296] 11.5502 le orhere as00| ie2|__oasa| 17583] _o8| 10.9087] 3.6861 etal: Tivreo. wiaee.7 | 70.7266 | —108,079.4| 40.9026 | Wai ora ees = arsagmant reer = s = Inet Sates rincome trom operations Tree HmeT| worms | ema | —opaee| eee F fsegment Results - Prot (Loss) betor tax nd finance cot rem segment (a) Poments sasse| 3026| 23406| 163603] 119716] 16ss09] 125555 Aare Chemists soo} 1793} ao] = ezes|7737|gzna| 7737 fe oFhere ear] asa] os] earn] 059] aon] __s330 Fetal: Zr042 | B00t8] 30047] 70.1608 | —T2.000.4 | —Teo0n0 | Ta022 Lows () Finance cost 031| “ooss| erro] 20350] s4e07] 3.40] sacra (0) Other unatocabie expenature saiz4] 7001] 710] 30009] 2200) 30009 2e206 {Wet of un-alocabe income) [Brot afore Tax yaar | Tose | site| — seam | —aeen | aaa | ree 3 |eavital Employed - |Sooment Assets - Segment Labs) Ko) Prmente 47ouo4| 4a.a735| 500631 sooes1] 562412] 54.7706 le) Arve chemicals zieae| 17004 28001 2se01} 2,636/ 25001 fe oes 20020] 26706] 031) e031] 9056] 3.6061 to Unatocatoe wes0s3| iserae| 142081 144001 | 149573| 11,0042 otal Capital Employed Tiss —eastra] —sert82] rusia} ee rez] —resrrr | Te 0o10 For Suders iin Industries Ltd. PEK P.R,Rathl Chairman & 2 Managing Director RY— (Ws acs) 1 [eourry avo Lamu ries 1 fonatenoidrs Funds {s) Stove conta rams} rans] sues] 13005 (oy Rewonos and sok sists | oesere| sora EES a ae eae0| mse] 2|Nonurent Lab (a) Lenotor borowings seoa| rssto0| ormrs| semes (0) Det ar xan (ot) sana] ‘seuto| “see2| seu2 {@ Oterionatem isies ‘art| se] a7] 6 {5} Longo promone soa] sown | areca] 23015, a= comer Bares | aor | arora | — a0 (@) Stertiom borowras woario] raeorz] rates] zzame7 (0) Trace poy veaoes| issn? | asso] warner {2} Ober cure tates Siro] aaa] tors] soe0s3 {3} Shettom promis cr33 v3 | Yoon Sea Core Giana] tases] wen] ees [ROTA RoUY AN TARILTTES wearr| woe | ores | wET a lassers fNoneutrent Assets (a) Foe onsets suse] syees9] soars] anzm7 (©) Goodni (on comstdton) ena] ate {o)tencurent venience amas} uso] “oe] “a0 {© Long tem are ae advances ssa) 22x01 | arma] 2513 [SOT aoa mae Jeune Assets (a) vere waste] 735] 25307] 250067 (0) Trace cet rapes] 2otars| Ssam0] Size {o} Caen and cath eq arena] “Yeois| “Damai] “23367 (@) Sho ter ane ana aaranens tomo] aso] doa] Kanes fe) Cer curont aeete fmol tows | “wooo| sows oT 5 sia] oer] a [rOTaL ASSET Baer we | RTE | UAT ores : 1 Te sora arc et wee ove yt As Canmore ty fe Bet Dre a meng eto 27 Ny, 2. The consisted trance lu the Austed Frail Rests f Prescot Cao Lt, RECO inten Lmtd an Sudrehan rape BV The Naan tay Oanedvubon a he Company asthe ign. Sou aubmcay of he Company, Sydocon Neth pres ne SA 3. the Bows has recent deen ats 0401p shane on leva of Re 20. 25%) fo th Fanci Yea! ended 31 Mare 2016 ‘bjt the appro! fhe sarod in erwin Ans General Weting Tope ithe Wedded 250 pr sae (1255) on 20" Mae, 206 te tl en he Franc Yer ended SY March, 206 wake ot os 3 Cpe she ote 20 ench 4 Rents fore yareced 31" Match, 2015 nad rats of tunes of ats Vere an Syston Feat imtoo the prod 1* Oct, 20161037" Mach, 2015 wich wos acqued by he Compa en gar conceth basa wah eect Yor 1" Oxtbe, 2014 Accra, tes he ‘ret oe yor eed 31° Motch, 2010 ae aby et compare wa Be eats te Qua a year eed 31 Mar, 2013 The fowes of he et quter ended 31° Mach 2010 ee the ncn owes between austed fou in resect tthe al Francia Yea ede 31" arch, 2046 andthe pubsed yao date fous ul the thd quater endot 31" Decor, 2018 he cure Franca Vest 5 Prowom pvt years tes have bon euped werve ncoesry ocelot he curent pods elatfizaen 7 The loess Audited Facil eeu wl be uplsded onthe Comey’ webu ware snfarshan com an wi ko be avai onthe wabtos SSE Lnte nee bein com se 1 xo Stock Ectonge of inset wm. te bor shorts ad = pRRATM [CHAIRMAN AND MANAGING DIRECTOR. Pune : 27 Way, 2018 RSB. K. KHaRE & Co. CHARTERED ACCOUNTANTS T+ 91 022 22000807/7318/6360 + 91 022 66918895/96 + 91 022 2200 3476 E inlo@bikhareco.com 708/708, Sharda Chambors Now Marine LUnes, Mumbai - 400 020, inca Auditor's Report on the Results of the Company for the quarter and year ended March 31, 2016 pursuant to the Regulation 33 of the SEBI (Listing Obligations and Requirements) Regulations,2015 To Board of Directors of Sudarshan Chemical Industries Limited, 1. (@) We have audited the standalone financial results of SudarshanChemical Industeies Limited (“the Company”) for the quarter and the year endedMarch 31, 2016, attached herewith being, submitted by the Company pursuant to the requirement of Regulation 33° of the SEB (Listing Obligations and Disclosure Requirements) Regulations,2015.the quarterly financial results are the derived fig audited figures for the year ended March 31, 2016 and the published year-to-date figures up to December 31, 2015, being, the end of the previous quarter of the current ial year, which were subjected to a Limited review. es between the (b) ‘The financial results for the quarter ended March 31, 2016 have been prepared on the basis of the interim financial statements for the nine-month period ended December $1, 2015,the audited financial statements for the year ended March 31, 2016, and the relevant requirements of Regulation 33 of the SEBI (Listing, Obligations and Disclosure Requirements) Regulations, 2015,which are the responsibility of the Company's management and have been approved by the Board of Directors of the Company. The interim financial statements for the nine-month period ended: December 31, 2015 and the audited financial statements for the year ended March 31, 2016 have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard 25 ~ “Interim Financial Reporting" and the accounting. standards prescribed under Section 133 of the Companies Act, 2013, read with the relevant rules issued thereunder,as applicable and other accounting principles generally accepted in India, Its based on our I statements as at (©) Our responsibility is to express an opinion on these financial re review of such interim financial statementsand audit of the finane and for the year ended March 31,2016. audit in accordance with the auditing standards generally accepted in India, Those standards require that we plan and perform the audit to obtain reasonable bout whether the financial results are free of material misstatements, An audit amining,on a test basis,evidence supporting, the amounts disclosed in the accounting principles used and the We conducted ou includes e financial results, An audit also includes assessing, the significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion. E bkkpune @bkkhareco.com 101, Money Chambers, | 107, Siddharth Chambors,B. K. KHare & Co. 3. In our opinion and to the best of our information and according, to the explanations given to us these quarterly and year to date financial results: (i) are presented in accordance with the requirements of Regulation 33 of the SEBL (Listing Obligations and Disclosure Requirements) Regulations,2015 in this regard; and (i) give a true and fair view of the net profit and other financial information for the quarter as well as year ended March 31, 2016. For B, K, Khare & Co. Chartered Accountants Firm's Registration Number 105102W Nahar Rodae? ssh Kumar Kataria Partner Membership No037825 Pune , May 27, 2016( Pursuant to Regulation 33 of SEBI ( SUDARSHAN FORM A (For Audit Report with unmodified opinion ) Regulations, 2015 . sting Obligations and Disclosure Requirements ) Name of the Company Sudarshan Chemical Industries Limited 2 | Annual financial Statements for the year | 31°" March, 2016 ( Standalone ) ended 3_| Type of Audit observation Unqualified 4 | Frequeney of observation Not Applicable 5 | To be signed by - *CEO / Managing Director *CFO “Auditor of the Company *Audit Committee Chairman 7 G P£ Khe Mr.P.R.Rathi, Chairman and Managing Director 2 aly a or Mr.V.V.Thakur — Dy. General Manager ~ inance and Acting CFO Wars \Koluh4 Mr.Naresh Kumar Kataria, Partner, M/s.B.K.Khare & Co : Lal Qa PORE ne = Mr.S.N.inamdar , Independent Director Sudarshan Chemical Industries Limited Global Head Office 162 Wellesley Road, Pune - 411 001. India +91 20 260 58 B88 Fax: +91 20 260 58 222 Email: contact sudarshan.comB. K. KHARE & Co. CHARTERED ACCOUNTANTS 7 91 022 22000607/7318/6360 + 9% 022 663188365/36 F + 91 022 2200 3476 E inlo@bkkhareco.com "706/708, Sharda Chambors New Marine ings, Mumbai - £00 020, India Auditor's Report on the Consolidated Results of the Company for 2016 pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements To ‘The Board of Directors of Suclarshan Chemical Industries Limited, 1. (a) We have audited the consolidated financial results of Suclarshan Chemical Industries Limited (‘the Holding Company’) and its subsidiary companies (the Holding, Company and its subsidiaries are referred to as “the Group’) for the year endedMarch 31, 2016, attached herewith, being, submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the Consolidated Financial Results”). (b) The consolidated financial results of the Group for the ended March 31, 2olowhich have been prepared on the basis of the audited consolidated financial statements of the Group for the year ended March 31, 2016 and relevant requirements of Regulation 33 of SEBL (Listing Obligations and Disclosure Requirements) Regulations, 2015, are the responsibility of the Company's management and have been approved by the Board of Directors of the Company. The consolidated financial results and other financial information for the year ended March 31, 2016 have been prepared in accordance with the accounting standards specified under Section 133 of the Companies Act, 2013 ("the Act”),read with the relevant rules issued thereunder, as applicable counting principles generally accepted in India. ion on these consolidated financial results (6) Our responsibility is to express an opi based on ouraudit of such consolidated financial statements as at and for the year end Mareh 31, 2016, in accordance with the auditing standards generally accepted in 2. We conducted our au India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the standalone financial results are free of material misstatements. An audit includes examining, on a test basis, evidence supporting the ludes assessing, the accounting, lit mounts disclosed as financial results, An audit also i principles used and significant estimates made by management, We believe that our provides a reasonable basis for our opinion wubsidiary 3. We did not audit the financial statements of 3 subsidiaries and 1 step down included in the consolidated financial results, whose financial statements reflect total Pune Bengalurs Now Doth T +91 020 ensor005/670/0 1-91 0041105957 | Tearo11 a1e2 6000 +91 020 2s66s932/02926961 E baRbongaluruerarece.com Eohaon eats con bkkoune @bakhareco.com 101. Money Chambers | 407, sidaharn Chambers, 2 Hotel Swaeop, 4th Foor. tet Foor 4 6K H, Ron | oar HF Gato, \ Lane No.10, Prabhat Road, Shantnage, | at Sara, Hous Kho, Erandwane, Pune - 411 004, india Bengaluru - 560027, India Now Dotni- 110.016. indiaB. K. KHare & Co. CHARTERED AGGGUNTANTS assets (before consolidation adjustments) of Rs, 28,344.16 lakhs as at March 31, 2016 as well as total revenue (before consolidation adjustments) of Rs, 41,772.51 lakhs for the year ended March 31, 2016, These financial statements and other financial information have been audited by other auditors whose report h on the consolidated financial results for the y4 have been derived from such financial statements is based on solely on the report of such 1¢ been furnished to «s, and our opinion ended March 31, 2016, to the extent they other audi 4. In our opinion and to the best of our information and according to the exphinations given to us these Consolidated Financial Results (i) include financial results of the following entitiesi a) Sudarshan Europe B.V. (subsidiary) b) Prescient Color Limited, (subsicliary ©) RIECO Industries Limited (subsidiary) d) Sudarshan North America, Inc. (Step-lown subsidiary) Jlucted in the consolidation (i) have been presented in accordance with the requirements of Regulation 33 of the SEBI PI es) 8 (Listing Obligations and Disclosure Requirements) Regulations, 2015 inthis regard; and (give a true and fair view of the consolidated net profit and other financial information for the year ended March 31, 2016, For B. K. Khare and Co. Chartered Accountants (FRN: 105102W) Naresh Kumar Kataria Partner Membership No.37825 Pune, May 27,2016SUDARSHAN FORM A ( For Audit Report with unmodified opinion ) ( Pursuant to Regulation 33 of SEBI ( Listing Obligations and Disclosure Requirements ) Regulations, 2015 . “CEO / Managing Director *CFO Auditor of the Company “Audit Committee Chairman T, [ Name of the Company Sudarshan Chemical Industries Limited 2 | Annual financial Statements for the year | 31 March, 2016 ( Consolidated ) ended il | 3_| Type of Audit observation Unqualified [Frequency of observation ~____ | Not Applicable 5 | Tobe signed by - PLE MrP.R-Rathi;Chairman and Managing Director S oe awe 4 Mr.V.V.Thakur — Dy. General Manager Finance and Acting CFO. } ee rete Korat Mr Naresh Kumar Kat: Partner, Mis.B.K.Khare & Co. Sudarshan Chemical Industries Limited Global Head Office : 62 Wellesley Road, Pune - 411 001, India +91 20 260 58 B88 Fax: +91 20 260 58 222 Email: contacta'sudarshan.com