ENERGY BGR ENERGY SYSTEMS LIMITED 943 ANNA SALA, TEYNAMPET, CHENNAI 600018 INDIA TEL 91 44 26301000 FAK: 91 44 24360576 Emai:_complance@bcrenergy.com Web ste. weww-barorp com BeSec/2016 May 30, 2016 ‘The Manager, Listing Department BSE Limited National Stock Exchenge of India Limited Department of Corporate Services Exchange Plaza, Bandra Kurla Complex P.J, Towers, Dalal Street Bandra (€), Mumbai ~ 400051 Mumbai - 400 001 NSE Symbol : BGRENERGY BSE Scrip Code ~ 532930 Dear Sirs Sub : Audited Financial Results for the Quarter and year ended March 31, 2016 Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to forward the Standalone and Consolidated Audited Financial results of the Company for the quarter and year ended March 31, 2016 duly approved by the Board of Directors at its meeting held today (May 30, 2016) along with the following: 2) A copy of the report of the Statutory Auditors of the Company on standalone and consolidated financial statements of the Company. b) The declaration of the Company in respect of the unmodified opinion of the Auditors. in the Audit reports of standalone and consolidated financial statements. ¢) The meeting of the Board of Directors commenced at 2.30 p.m. and concluded at 5.00 p.m, We request you to kindly take the same on record, ‘Thanking you, Yours truly, for BGR Energy Systems Limited Gsrrorte & Secretary REGISTERED OFFICE: A-SPRMWAMIGADU INDUSTRIAL ESTATE, RAMMAPLRAM POST, SLLIRET TALUK, NELIORE DISTRICT, ANOHA PRADESH 52840) INDIA TEL: 91 48 27988289 Corporate izeniity Number: L401059°198SP1.CO0S318© BGR ENERGY BGR ENERGY SYSTEMS LIMITED Beg oft: A.5Pannamgady Incusiat Eta, Rarapusie Pest, Nelle Dstt. Andhra Frade $24401 Corp OW: 423, Ara Sal, aynampat. Cal SeCOI8 Pr 491 24301000, Pa 91 44 24360571 Corporate identity Number: LAD} DSAPISESPLDOS31E mai: complonce@breneay com websites win oglompcom AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31, 2016. a OROTSRTED oats Tae] saan awe tae wea] Seis] Sas pant (cre) | Gnas | aren | Wace) | twsted | using | ated acon ts Opie at ny ment} oie ues | auras | sso] ata | aes tector wise] cvess| sora | sven | sano] ave | aster 5: Prt ram ora achiterbloe arco nd i “Pe > Prt oe nto ve tre cat a onl ml oss wan] aon} aate| ses] ree) ane) ies : wm] es) a | se] gem) ae) es 1s et ty wees] oon | vous] aes] hes] an] Ginen & Roforeete wm] oem] wen | sams] nu] ati] io, porous arin} oan | tom | seme] se] ar) om) " em rtngcatr mana pbc ta | i.e wad 11 eames or Shar) be eerneronar tenn) | fear pecans ee ell tae aa ; al! exelent Done Belin) soca] see] tas) tar EES eee Mee SU ke ai = gee) swese| ens | soma | —averon| asco] sien | aes esate am aeons vusst| sot] rooms | stm] sso] tema | see m| cn) aa) “en| tol “eaees ets ETANOALONE (CONSOLIDATED. ‘ues) ‘ aus) au 2 Benton ony a : “= Fora ery ig cages ane trot oma ome Stott osc sete we ane we few Opts nes res 9813 tueaeretUE BRR a ee wa tiers see TI Manowar CHowpnRy & Associates CHARTERED ACCOUNTANTS © 27, utramana Strest, phone; ¢98-44-4290 3593 Aramapuram, Chennai 600 018. Fax 91-44-4290 3359, tela. wed: wm. enn INDEPENDENT AUDITORS” REPORT E STANDALONE FINANCIAL RESULTS ‘To The Board of Directors of BGR ENERGY SYSTEMS LIMITED |. We have audited the accompanying Statement of Standalone Financial Results of BGR ENERGY SYSTEMS LIMITED (“the Company”) for the year ended March 31, 2016 (the Statement”), being submitted by the company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This Statement, whieh is the responsibility of the company's management and approved by the Board of Directors. has been prepared on the basis of related financial statements which are in accordance with the Accounting Standards Prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India, Our responsibility is 10 express an opinion on the Statement. 2. We conducted our audit in accordance with the Standards on Auditing issued by the Institute of Chartered Accountants of India. Those standards require that we plan and Perform the audit to obtain reasonable assurance about whether the Statement is free from material misstatement, An audit includes examining, on lest basis, evidence supporting the amounts disclosed in the Statement. An audit also includes evaluating the appropriateness of the accounting policies used and the reasonableness of the significant aaccoumting estimates made by the Management, aswell as evaluating the overall presentation of the Statement, We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. 3. We draw attention to note 3 of the accompanying Audited Financial Results for the Quarter and Year ended March 31, 2016, where in the Company hes deseribed about the entering into of an agreement with its Subsidiary Companies and Joint Venture partners and the consequent accounting transactions recognised to the extent of Rs47.701 Lakh. (Gur opinion is not qualified / modified in respect of this matter. ‘Chonnal ss Rengalure & Dubai Hyderabad + Mumbai Colmbatore ‘Gurgoon Koch st Madurai ® Mangsluru ? Vig # Vieyewadseared eee Manowar CHOWDHRY & dissociates CHARTERED ACCOUNTANTS £27, Subramaniam Steet, hone : +91-44-4290 3333, Aviramaputem, Chennai 600 018, Fx: +91-04-8790 3360, 4. In our opinion and to the best of our information and according to the explanations given tous, the Statement: (3) is presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015: and (i) gives a ue and fair view in conformity with the aforesaid Accou Wg Standards ‘nd other accounting principles generally accepted in India of the net profit and other financial information of the Company for the year ended Mareh 31, 2016. 5. The Statement includes the results for the Quarter ended March 31, 2016 being the balancing figure beiween audited figures in respect of the full financial year and the published year to date figures up to the third quarter of the current financial year, except in respect of item 10(b) of the accompanying Audited Financial Results for the Quarter and year ended March 31, 2016.where the tax in respect of earlier years amounting to 5.632 lakhs has been diselosed in the year end figures of March 31, 2016, which were subject to limited review by us. Place: Chennai For Manohar Chowdhry & Associates Date: May 30, 2016 Chartered Accountants Firm Registration No: 0019978 ee M.S.N.M.Santosh Parner Membership No: 221916 CChannsi < Bergoiuru + Dubsl ® Hyderabad Mumbal 4colmbatore ‘Gurgaon + Kech Madurai Mangaluru Vioy > Viayawadaa Ma ee Manowar CHowonry & Associates CHARTERED ACCOUNTANTS £27, Subramaniam Street, phone :¢91-44+4290 3333 ‘Abvromepurem, Chennai 660 018, Fae: 491-84-8999 3369 INDEPENDENT AUDITORS’ REPORT. ON THE CONSOLIDATED FINANCIAL RESULTS ‘Yo The Board of Directors of BGR ENERGY SYSTEMS LIMITED. |. We have audited the accompanying statement of Consolidated Financial Results of BGR ENERGY SYSTEMS LIMITED (hereinafter referred to as “the Holding Company”) and its subsidiaries and an unincorporated joint venture (collectively referred to 2s “the Group”), for the year ended March 31, 2016 (“the Statement”), being submitted by the Holding Company Pursuant to the requirement of Regulation 33 of the SEB! (Listing Obligations and Disclosure Requirements) Regulations, 2015.This statement which is the responsibility of the Holding Company's Management and approved by the board of Directors, ‘on the basis of the related consolidated financial statements which are in accordance with the Accounting Standards prescribed under Section 133 of the Companies Act, 2013, as applicable, to express an opinion on the statement. as been prepared ind other accounting principles generally accepted in India. Our responsibility is 2, We eondueted our audit in accordance with the Standards on Auditing issued by the Institute of Chartered Accountants of India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the statement is free from material misstatement, An audit includes examining, on a test basis, evidence supporting the amounts disclosed in the statement. An audit also includes evaluating the appropriateness of the ‘accounting policies used und the reasonableness of the significant accounting estimates made by the Management, as well as evaluating the overall presentation of the statement. We believe that our audit evidence we have obtained is suificient and appropriate to provide a basis for our audit opinion, (a) We did not audit the financial statements of wo subsidiaries, namely, Progen Systems and Technologies Limited and Sravanaa Properties Limited, whose financial statements reflect total assets of Rs. 21,305 lakhs as at March 31, 2016, total revenue of Rs.863 lakhs and cash inflows amounting to Rs.15.56 lakhs for the year then ended. We also did not audit Coimbatore “Gurgson # Kochi Madura Mangalurs vitae > VisyawaesSe ee Manowar CHOWDHRY & AssociarEs ‘CHARTERED ACCOUNTANTS #27, Subramaniam street, Prone +91-44-4290 3333 ‘Aramaputon, Cherma: 600.018, Fax +9icas-aaso 3990 tral, wed: weno. ‘he financial statements of the unincorporated joint venture, namely, Mecor—GEA Energy System (India) Limited (JV) whose financial statements reflect total assets of RS. 1,969 lakhs 45 at March 31, 2016 and toial loss of Rs. 0.21 lakhs for the year then ended. These financial Statemenis have been audited by’ other auditors whoxs reports have been furnished to us by the management, and our opinion is based solely on the reports of the other auditors. () We have relied on the unaudited financial statements of two of the subsidiaties, namely, BGR Boilers Private Limited & BGR Turbines Company Private Limited whose financial statements reflect total assets of Rs. 1,13,030 lakhs as at March 31, 2016, total revenue of Rs. 1,41,483 lakhs and cash outflows amounting to Rs. 1,078 lakhs for the year then ended ‘on that date. These unaudited financial statements as taken on record by the Board of Directors of the respective subsidiary companies, have been Furnished to us by the Holding Company and our report insofar as it relates to the amounts included in respect of these subsidiaries are based solely on such unaudited financial statements, (6) We draw attention to note 3 of the aecompanying Audited Financial Results for the Quarter and Year ended March 31, 2016, where in the company has described about the entering into of an agreement with is Subsidiary Companies and Joint Venture partners and ‘he consequent aecounting transactions recognised to the extent of Rs, 47,701 lakhs and the festatement of consolidated figures ofthe Financial year 2014-15. Our opinion is not qualified / modified in respect of the above matters 4. In our opinion and to the best of our information and according to the explanations given to us this statement a includes the results of 4 subsidiary companies, namely, Progen Systems and ‘Technologies Limited, Sravanaa Properties Limited, BGR Boilers Private Limited & BGR Turbines Company Private Limited and an unincorporated joint venture, namely, Mecon-GEA Energy System (India) Limited (IV); ‘hennat Bengalura > Dubal © Hyer Mumbsi ++ Caimbsters ‘Gurgaon Koen) & Madura Mangaka Vag + VisyamedeSS ee Manionar CHOWDHRY & €ssociares CHARTERED ACCOUNTANTS 4 27, Subramanam Steet, phone +91-44-4290 3393 ‘bvrampuram, Chensal 600 018, fox; r3l-0a-4290 3390 trl, wed: wn. mean b. is presented in accordance with the requirements of Regulation 33 of the SEBI (Li Obligations and Disclosure Requirements) Regulations, 2015; and ing © gives a true and fair view in conformity with the aforesaid accounting standards and other accounting prineiples generally accepted in India of the consolidated net profit and ‘other finaneial information of the Group forthe year ended March 31, 2016, 5. The Statement includes the results for the Quarter ended March 31, 2016 being the balancing figure between audited figures in respect of the full financial year and the published year to date figures up to the thitd quarter of the current financial year, except in respeet of item 10(b) of the accompanying Audited Financia! Results for the Quarter and year ended March 31, 2016, where the tax in respect of earlier years amounting to Rs. 632 lakhs has been disclosed in the year end figures of March 31, 2016, which were subject to limited review by us. Place: Chennai Por Manohar Chowdhry & Associates Date: May 30, 2016 Chartered Accountants Firm Registration No: 0019978 — =f —_ M.S.N.M.Santosh Partner Membership No: 221916 Ccheneal 2 Bengaiury 0. 2 Hyderabad numba! 2 Colmbetore ‘Gurenon © Kochi © Madura Mangolaru © Vieng vila© BGR ENERGY BGR ENERGY SYSTEMS LIMITED: 403 ANNA SALA, TEYNAMPET, CHENNAI COO I8 INDIA TEL: 91 44 24301000 FAK 8144 24360576 Enali_complence@bgreneraycom Web Ske: wwwibercorp com BeSec/2016 May 30, 2016 ‘The Manager, Listing Department BSE Limited National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, Bandra Kurla Complex P.J, Towers, Dalal Street Bandra (E), Mumbai - 400051 Mumbai - 400 001 NSE Symbol : BGRENERGY BSE Scrip Code - 532930 Sub: Declaration under proviso to clause (d) of sub regulation (3) of Regulation 33 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 We hereby deciare that standalone annual Financial Results of the Company for the year ended March 31, 2016 published is with unmodified opinion of the auditors’ in ‘their report thereon. for BGR Energy Systems Limited om ‘Swaminathan IMD & CEO O eank— P.R.Easwar Kumar President & CFO » = Date : May 30, 2016 /Ramest Place : Chennai President REGISTERED OFFICE: 2-5 PANNWAMIGADL NDUSIRAL ESTATE, AMAPLAAM POST, SULLRPET TALLK, NELLORE DISTRICT, ANOHA PRADESH 524401 INDIA TELS 46 27048260 Corporate identity Number: L40 108AP1995P.C005318© BGR ENERGY BGR ENERGY SYSTEMS LIMITED ‘443 ANNA SALA, TEYNAI/FET, CHERINAY 6G0018 INDIA TEL: 91 44 24301600 FAK: 91-46 24360576 Emal_complance@boreneraycom Web ste” www bgrcorp com BeSec/2016 May 30, 2016 ‘The Manager, Listing Department BSE Limited National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, Bandra Kurla Complex P.J. Towers, Dalal Street Bandra (E), Mumbai ~ 400051 Mumbai - 400 001 NSE Symbol : BGRENERGY BSE Scrip Code - 532930 Sub: Declaration under proviso to clause (d) of sub regulation (3) of Regulation 33 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 We hereby declare that consolidated annual Financial Results of the Company for the year ended March 31, 2016 published is with unmodified opinion of the auditors’ in their report thereon. for BGR Energy Systems Limited IMD & CEO Dannb— P.R-Baswar Kumar President & CFO J Date : May 30, 2016 a est lar Place : Chennai ident‘ Corporate & Secretary REGISTERED OFFICE: as (NS PANMAMIGADU INDUSTRIAL ESTATE, PAMAPURAM POST, SULLIET TALLK, NELLORE DISTRICT. ANDHRA PRADESH 52440} NDIA TEL 1 48 279682. Corporate ldentity Number: LAO 106A?) 995PLC005318