RAUNAQ

tPt INTtRilATIONAL

LIMITTD

(Formerly Known as Raunaq lnternational Limited)

(AN ISO 9001:2008 Company)

REIUSEC/BSE/2Alf'/[AY

2O1

6-2017

May 27,2O16

The Manager (Listing)

BSE Limited
1't Floor, New Trading Ring,
Rotunda Building
PJ Towers, Dalal Street
Fort, Mumbai - 400001
STOCKCODE: 537840
Sub: Outcome of Board Meetinq 'll16-17
Dear Sir/Madam,

A) Pursuant

to the Regulation 30 of

SEBI (Listing Obligations and Disclosure

Requirements), Regulations 2015 ("the Regulations"), we are enclosing herewith

"Standalone and Consolidated Audited Financial Results" of the Company for the quarter
and year ended March 31 , 2016 approved by the Board of Directors of the Company at
its Meeting held on May 27 , 2016 along with the audit report and Form A in terms of
Regulation 33 of the Regulations.

B) Pursuant to the Regulation 30 of the Regulations, this is to inform that the Board of
Directors of the Company, in its above said meeting has recommended Final Dividend
@ Rs. 1.201 per equity share of the Company for the financial year 2015-20'16 which,
subject to the approval of shareholders, will be paid on or before 02nd September, 2016.
You are requested to kindly take the same on records.
Thanking you,

Company Secretary

Encl: As above

ff
e!

Regd. Office : 20 K.M. Mathura Road, PO. Box 353, PO Amar Nagar Faridabad-121 003 (Haryana) INDIA
Tel.: +91 (129) 4288888, Fax : +91 ('129) 4288823-22, email: info@raunaqintl.com
www. raunaqinternational.com

CIN : 151909HR1965P1C034315

RAUNAQ tP( INTtRNAIIO|IAL LIMITTD

(Formerly Known as Raunaq lnternational Limited)
(AN ISO 9001:2008 Company)

FORM A
(For audit report with unmodified opinion)
1.

Name of the Company:

Raunaq EPC lnternational

Limited
(Formerly known as Raunaq
lnternational Limited)

2.

Annual financial statements for

the year ended

March 31, 2016

J.

Type of Audit observation

Unmodified

4.

Frequency of observation

Not Applicable

5.

To be signed by-

*7L

Surinder P. Kanwar
Chairman and Managing Director

Shalesh Kumar
Chief Financial Officer

Audit Committee Member

(Authorized to act as Chairman of the Audit Committee in absence of
Dr. Sanjeev Kumar, Chairman of the Audit Committee)
Auditor of the Company
Refer our Audit Report dated Mav 27.2016
For V.P. JAIN & ASSOCIATES
Chartered Accountants
(Firm Registration No. 015260N)

_-

l--i=-

Signature
V.P. Jain
(Partner)
(Membership ltlo. 81 514)

zr

)t:;)_,2016
t/

Regd. Office : 20 K.M. Mathura Road, PO. Box 353, PO Amar Nagar Faridabad-121 003 (Haryana) INDIA
Tel.: +91 (129) 4288888, Fax : +91 (129) 4288823-22, email: info@raunaqintl.com

www.raunaqinternational.com
CIN : 151909HR1965P1C034315

V.P.JAIN & ASSOCIATES

CHARTER.ED ACCOUNTANTS
AMBIKA BHTWAN F-I, FIRST FI,OOR

465&A/2lAnsari Road Daryagarj, New Delhi-110002

Phoner 23276695/30126695 Mobile: 9Et0293542
E-mail: vpjain ca @redifftnail .com

INDEPENDENT ATJDITOR'S REPORT

TO THE BOARD OF DIRECTORS OF
RAUNAQ EPC INTERNATIONAL LIMITEI)
I

We have audited the accompanying Slatement of Financial Results of RAUNAQ EPC

INTERNATIONAL LIMITED formerly known as Raunaq Intemational Limited ("the Company")
for the year ended 3l March 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, which is the responsibility of the Company's Management and
approved by the Board of Directors, has been prepared on the basis ofthe related financial statements
which is in accordance with the Accounting Standards prescribed under section 133 ofthe Companies
Act, 2013, as applicable and other accounting principles generally accepted in India. Our
responsibility is to express an opinion on the statement.

2.

We conducted our audit in accordance with the Standard on Auditing issued by the Institute of
Chartered Accountants of India. Those Standards require that we comply with ethical requirements
and plan and perform the audit to obtain reasonable assurance about whether the statement is free
from material misstatement.

An audit involves performing

procedures to obtain audit evidence about the amounts and the

disclosures in the Statements. The procedures selected depend on the auditor's judgment, including
the assessment ofthe risks of material misstatement ofthe Statements, whether due to fraud or error.
In making those risk assessments, the auditor considers intemal control relevant to the Company's
preparation and fair presentation of the Statement in order to design audit procedures that are
appropriate in the circumstances, but not for the purpose ofexpressing an opinion on the effectiveness
of the Company's intemal control. An audit also includes evaluating the appropriateness of the
accounling policies used and the reasonableness of the accounting estimates made by the
Management, as well as evaluating the overall presentation ofthe Statement.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis
for our audit opinion.

3.

In our opinion and to the best of our information and according to the explaination given to us, the
Statement:

(i)

(iD

is presented in accordance with the requirements of Regulation 33

Obligations and Disclosure Requirement) Regulations, 2015; and

of the SEBI (Lisring

gives a true and fair view in conformity with the aforesaid Accounting Standards and other
accounting principles generally accepted in India of the net profit.and-other financial
information of the Company for the year ended 31 March,
//it. a- :,,:,.

2016.

Page

of 2

4.

2016 being the balancing figure

The Statement includes the results for the Quarter ended 3l March'
year to date figures up
published
year and the
between audited figures in reipect of tne fuil financial
by us.
review
to limited
io ir," t iri qr.r,"r-ofthe current financial year which were subject

For V.P. JAIN & ASSOCIATES,

Chartered Accountants
(Firm's Registration No. 015260N)

LqtY

V.P. Jain

Partner
(MembershiP No' 081514)
Date: 27 MaY' 2016
Place: Delhi

Page 2

of

V.P.JAI]V & ASSOCIATES

Chartered Accountants
AmbikaBhawan, F-1, First Floor,
4658-A/21, Ansari Road, Darya Ganj, New Delhi
Phone : 2327 6695,30 L26695
.

'

110002

Auditor's Report on Year to Date consolidated Financial Results ofthe company pursuant to
the Regulation 33 ofthe SEBI (Listing Obligations and Disclosure Requirementsj Regulations,

20ts

To
Board of Directors of
Raunaq EPC International Limited,
1.

We have audited the accompanying Statement of Consolidated Financial Results of Raunaq

EPC

International Limited ("the Holding Company") and its subsidiaries (the Holding

Company and its subsidiaries together referred to as "the Group"), for the year ended March
3L, 2016 ("the Statement"), being submitted by the Holding Company pursuant to rhe
requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure RequirementsJ
Regulations, 2015. This Statement, which is the responsibility of the Holding Company's
Management and approved by the Board of Directors, has been prepared on the basis of the

related consolidated financial statements which are in accordance with the Accounting
Standards prescribed under Section 133 ofthe Companies Act, 2 013, as applicable and other
accounting principles generally accepted in India. Our responsibility is to express an opining
on the Statement.

We conducted our audit in accordance with the auditing standards generally accepted in
India. Those standards require that we plan and perform the audit to obtain reasonable

assurance about whether the consolidated financial results are free of material
misstatement(sJ. An audit includes examining, on a test basis, evidence supporting the
amounts disclosed as consolidated financial results. An audit also includes assessing the
accounting principles used and significant estimates made by management. We believe that
our audit provides a reasonable basis for our opinion.
We did not audit the financial statements of subsidiary Xlerate Driveline India Ltd., whose
financial statements reflect total assets of Rs.2024.29 Lacs as at 31sr March, 2016, total
revenues of Rs.2239.82 Lacs and net cash flows amounting to Rs.1.57 Lacs for the year ended
on that date, as considered in the consolidated financial statements. These Financial
statements have been audited by other auditors whose report have been furnished to us by
the management and our opinion on the consolidated financial statements, in so far as it
relates to the amounts and disclosures included in respect of the subsidiary and our report
in terms of sub-sections (3) and (11) of section 143 of the act, ilt so far as it relates to the
aforesaid subsidiary, is based solely on the reports of the other auditors.
In our opinion and to the best of our information and according to the explanations given to
us these consolidated year to date financial results:

Contd..2

ro

-z-

i.

are presented in accordance with the requirements of Regulation 33 of the SEBI

(Listing Obligations and Disclosure Requirements] Regulations, 2015; and

ii.

give

a true and fair view ofthe consolidated net profit and other financial information
for the quarter ended March 31, 2016 and for the year ended March 31,2016.

Further, read with paragraph 1 above, we report that no quarterly consolidated results were
published as per the option availed by the company.

F-or V.P. Jain

& Associates

Chartered Accountants

(FRN:015260N)

L--!)>(V.P. Jain)
Partner

(Membership No. 0815 l4)

Place: New Delhi
Dated: 27 May,2015

RAUNAQ EPC INTERNATIONAL LIMITEO

(FORMERLY KNOWN AS RAUNAQ INTERNATIONAL LIMITED)
Registered Oftlce : 20 K.M. Mathura Road, P.O. Amar Nagar, Farldabad - 121003. (Hary.na).
Ph.: +91(129)4289888, Fax : +91('l29) 4288822-23
E-mall : info@raunaqlntl.com Website : www-raunaqlnternational.com CIN: L51909HR1955P1C034315

E!n:!

STATEMENT OF STANOALONE ANO CONSOLIDATED AUDIIEO FTNANCIAL RESULTS

STANDALONE

CONSOLIDATED

FOR THE OUARTER AND TWELVE MONTHS ENDED

31 MARCH,2o16

FOR TWELVE MONTHS

ENOEO 31 MARCH,2O16

Ouarter Ended

Paniculars

SI,NO,

31-Mar-15

(Audited)
Sa es/lncome lrom operations (Net of Exose Duty)

year ended

31'Mar-l

3t-Mar-'15

(Unaudited)

(Audited)

(Audited)

3,031 03

2 103 94

12,717 -95

1 215 46

904 34

5,361.16

31'Oec-15

Yar Ended

year endsd
31'Mar-15
(Audited)

L991

31.03.2016

31.03.2015

(Audited)

(Audited)

12

14.984.36

3 011 79

6,804.46

795 96

Expenses

(a) Cost of Mateaals Consumed

(b) Changes in lnventories oflinished goods, stock in trade & Work rn

(0.90)
844 62

463

3,972.52

252.63

296 38

253 84

1,095.77

'19.71

1814

29 05

70.76

Ereclpn Expenses
EmDoyee benelils exoense

4 306 99

2,4461
998 28

6t

(36 76)

24461

x,972-52
't,275.41

41

139.60

't.316.05

896 70

1,922_76

1 371.41

_945 T2

1,816.26

7 420 35

14,113.85

9,360.91

275 31

15422

931.69

570 77

870.51

435 05

27 75

39 21

63.46

149 25

157.60

151

362.76

303 07

197 43

1,095.15

7?A A2

99.40

E5 40

83 34

340.45

288 57

407.84

356 57

Proft from ordrnary actjvities afler linan@ costs but before exceptonal
Items (5-6)

263.36

217 67

114 09

54.70

431 45

620_27

227 59

Proll

263.36

217 67

114 09

54-70

431 45

620.2?

84.62

69 34

46 49

243.88

134 80

241_25

142 29

178.f4

148 33

67 60

510.82

296 65

379.02

85 30

Deprecrahon and Amortisation xpense

294

427

t) Oiher expenses

2 755 72

15 83

Profit lrom Operations before olhar rncome, finance costs and

erceotionai rlems (1-2)

297.04

Proflt from ordinary activities befo@ linance costs and exceptronal

tems (3+4)

rnance

costs

'r

1,028.11

586 16

I
9

om ord nary act v tes belore tax (7 + 8)

ax exoenses (Net of deterred tax)

t0

Nel

Pro'l'o11

Orornarv Actrvrls after Tar (9

10)

127 37

12

el Prorll 111 + 12)

)ard uo eourtv share caoita
ace va ue Rs 101 per share)

14

ngs Per Share (Beforc Extraordinary ltems)of

16

: and

194 97

510.82

424 A2

379.02

212 67

334 32

334 32

334.32

334 32

334.32

334 32

4-264-16

3.801 63

3,558.38

3,227 65

202

15.28

887

1.34

255

583

15.28

12 68

134

636

1
2
,'

Rs 101each

llted

Earnings Per Sha@ (Afler Extraordinary ltems) of

Basic and Drluted

rr

Note6

127 37

148 33

Reserves excludrng Revaluaton Reserve as per balance sheel ol

orevrous eccounttno vear

15

16

178.74

127 37

't

Rs 101 each
5.35

The above financialesults as rcviowed and Gcommended bylhe Audrt Committee have been apprcved by lhe Boad of Drectorc at its meeting held on May 27,2016
The above financial rcsults have ben subiected to lhe Limited Review by the Slalutory Auditors of the Company
dare ftgures up to the th(d quaner ol conesponding year
The Board ot Oirectors have reommended dividgnd of Rs 1 20 per equity share for confrmation and dedaration by the share holders in the fo.thcoming annual general
meeling

6Z--

Standalone and consolidated Statement of Assets and Liabilities

STANOALONE

As at
Particulars
A

EQUITY AND LIABILITIES

Shareholdera' tunds
(a) Share capital
(b) Reserves and surplus

Sub-total - Sharoholde/s funds

CONSOLIDATEO
AE

at

As at

31 March, 2016

31 March, 2015

Rs. ln Lacs

Rs. ln Laca

3l March,

As at
20'16

Rs, ln Lacs

3'l March, 20't5

Rs. ln Lacs

334.32
4,264.'16
4,598.48

334.32
3,801.63
4,135.95

459.32
3,558.38
4,017.70

334.32
3,227.65
3,561 97

u.'12

'117.26

44.12

292.26
6.15
5.64
126.22
430 27

Non.current liabilities
(a) Long{erm borrowings
(b) Deferred tax liabilities (Net)
(c) Other long-term liabilities
(d) Longlerm provisions
Sub-lolal - Non-current liabilities
3

5.64

3.08
113.26
160,46

124.21

247

11

5.43
3.08
116.36
168.99

Cursnt liabilitios
(a) Short-term borrowings
(b) Trade payables
(c) Other current liabilities
(d) Short-term provisions

289 22
2.198 37
1,476 96
123.74
4.088.29

716.41
4,297.61
985.19
381.79
6,382.00

630.91
2,455.75
1,669.89

Sub-total - Current liabilitieg

356.25
3,948.74
759.71
246.50
5,311.20

TOTAL . EOUITY ANO LIABILITIES

10,070.14

8,471 35

10,568.69

8,972.15

594.38
35.46

608 09

1,646.00
42.21

1,714 68
8.40

20.59
146.98

146.98

ASSETS

Non.current asseta

4,979.9't

(a) Fixed assets

(i)Tangible assets

(b)
(c)
(d)
(e)

(ii) lntangiblE assets

(iii) Capital work-in-progress
Non Current lnvestments
Deferred Tax Assets (Net)
Long-term loans and advances
Other Non Current Assets
Sub-total - Non-curnt alEeta

38.11

7.16
29.33
2.339.12

19.52

,334 68
40.03
6.76
4.89
1.994.45

,t9.91

14.91

29.33
't,905.02

4.89
1.909 38

2,000.16
4,199.88
1,745.52
624.66
93.45
8,663.67
10,568.69

'1

Current assgts
(a) lnventories
(b) Trade receivables
(c) Cash and cash equivalents
(d) Shortlerm loans and advances
(e) Other current assets

6
7

1,634.68

Sub-total - Curnt asset8

7,731.02

875.48
2,894 96
1,850.46
818.42
37.58
6,476 90

TOTAL. ASSETS

10,070.14

8,471.35

1,767.37
3,620.83
1,717.54
589.47
35.81

Segment Repoding as defined in Accounting Standard (AS) 17 is not applicable in cse of Standalone Financial Results
Ouarterly EPS has nol been annualised.

z.-

3,322 36
1,876.88
37 60
7

,062 77

8,97215

consolidated ReportinS ofSetment Wise Revenue, Results and Capitalmployd ForThe Twelve Months Ended 315t March,2015

CONSOLIDATED
Parliculars

1. SeSment Revenue
(a)Construction

{b) Auto Mobil Components

Net Salr/hcome from Operatlons

As at
31 March, 2016
Rs. ln Lacs

As at
March, 2015
Rs. ln Lacs

3l

12,747.95
2,236_41

7,991.12
1,804.84

14,984.36

9,195.96

931.59
(61.18)

510.77
(144.30)

2. SeEment Resultt

{a)Construdion
{b) auto Mobile Comoonents
Less: Finance Cost

_U

358.57

Profit before tax

462.67

67 _90

3.CapitalEmployed
(a)Construction
lb) Auto Mobile Comoonents

3181 19

447

945.05

2219.36
654.36

Previous yearlperiod's figures have been regrouped / recasted wherever ne@ssary.

For and on bshalt of th Board ot oirgctors

$Ze'^^9-tPlaca: New Dqlhi

Oate: May 27,2016

SURINDER P. KANWAR

Chai,man & Managing Di,ector