TIN No.

33980
640189
CST No. 33316 dt. 1.6.84

Tel:

28522510,28523514,28523865
28413151,28413161,28413191

EMPEE TOWER
59 HARRIS ROAD
PUDUPET,CHENNAI - 600 002.

Fax:

91 - 44 - 28555163

E-mail:

info@ernpeegroup.co.in

CIN No ..t rj511T i1983PLC010313

-.-~.-

11.8.2016

National Stock Exchange of India Ltd,

Exchange
Bandra

Plaza,

Kurla Complex,

Mumbai

- 400 051.

Bombay Stock Exchange limited

P. J. Towers
Dalal Street,
Mumbai 400 001.

Dear Sirs,
Sub: Outcome

of the Board meeting.-

Unaudited

Financial Results for the quarter

ended 30.6.2016.
The Board of Directors

at their meeting

held on 11.8.2016

audited Financial Results for the quarter ended

have approved

the Un-

so" June 2016.

The copy of the above results along with Limited Review Report are enclosed.
Thanking you
Yours faithfully
For Empee Distilleries Ltd

M.P.Purushothaman
Chairman

Encl:a/a

A UNIT OF

Regd. Office: "EMPEE TOWER' 59, Harris Road, Pudupet, Chennai - 600 002.

EMPEE

Distillery:

Mevaloorkuppam Village, Srlperumbudur Taluk, Kancheepuram District, Pincode - 602 105.

Tel: 27156235, 27156239,30901785,30901787 Telefax:27156231

VENKATESH & CO
Chartered Accountants

INDEPENDENT

AUDITORS' REVIEW REPORT TO THE BOARD OF DIRECTORS OF

EMPEE DISTILLERIES LIMITED

"We have reviewed the accompanying statement of Unaudited Financial results of Empee

Distilleries Limited for the Quarter and period ended 30th June, 2016. This statement is
the responsibility of the Company's management
Directors. Our responsibility

and has been approved by the Board of

is to issue a report on these financial results based on our

review.
We conducted our review in accordance with the standard on Review Engagements (SRE)
2410. 'Review of Financial Information
issued by the Institute

Performed by the Independent Auditor of the Entity'

of Chartered Accountants of India. This standard requires that we.

plan and perform the review to obtain moderate assurance as to whether the statement is
free of material
personnel

misstatement.

and analytical

A review

procedures

is limited

applied

primarily

to financial

data

to inquiries
and thus

of company
provide

less

assurance than 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 notice that causes us to
believe

that

the

accompanying

statement,

Standards and other recognized accounting

information

required

prepared

with

Accounting

practices and policies, has not disclosed the

to be disclosed in terms

Obligations and Disclosure requirements)

in accordance

of Regulation

33 of the SEBI (Listing

Regulations 2015, including the manner in which it

has to be disclosed, or that it contains any material misstatement.

For Venkatesh & Co

Chartered Accountants
FR No: 004636

CA.OASARA TY V

M No. 026336
Partner

Place: Chennai
Date: 11/08/2016

"SRI RANGA", New No.151, Mambalam

Telefax: 28144763/64/65/66

High Road, T.Nagar, Chennai - 600 017.

Email : venkateshandco@gmail.com

EMPEE DISTILLERIES LIMITED

CIN: L15511TN1983PLC010313
Regd. Office: Empee Tower, No.59, Harris Road, Pudupet, Chennai - 600 002.

Statement of Un-Audited Financial Results for the Quarter ended 30th June 2016
Rs.in lakhs

PART I

Quarter ended
S.No.
1

30.6.2016
(Unaudited)

Particulars
Income from operations
Net sales/ income from operations (Net of Excise duty)
Other operating income
Total income from operations (net)

Expenses
(a) Cost of materials consumed
(b) Purchases of stock-in-trade
(c) Changes in inventories of finished goods, work-in-progress
and stock-in-trade
(d) VAT on sales
(e) Employee benefits expense
(f) Depreciation and amortisation expense
(g) Other expenses
Total expenses

Profit I (Loss) from operations before other income, finance

costs and exceptional items (1-2)

Other income

Profit I (Loss) from ordinary activities before finance costs and

exceptional items (3! 4)

Finance costs

Profit I (Loss) from ordinary activities after finance costs but

before exceptional items (5 ! 6)

Exceptional items

Profit I (Loss) from ordinary activities before tax (7 + 8)

10

Tax expense

11

Net Profit I (Loss) from ordinary activities after tax (9 10)

12

Extraordinary items

13

Net Profit I (Loss) for the period (11 ! 12)

14

Share of Profit I (loss) of associates (applicable for cons.results)

15
16

Minority Interest
(applicable for consolidated results)
Net Profit I (Loss) after taxes, minority interest and share of.
profit I (loss) of associates (13 + 14 + 15)

17

Paid-up equity share capital

(Face Value of the Share shall be indicated)
Reserve excluding Revaluation Reserves as per balance sheet of
previous accounting year
Earnings per share (EPS)
a) Basic and Diluted before extraordinary items
b) Basic and Diluted after extraordinary items

18
19

9,119.85
183.95

10274.08
429.32

9,303.80

10,703.40

3,532.38
-

Year ended
31.3.2016
(Audited)

30.6.2015
(Unaudited)

31.03.2016
(Unaudited)

4246.71

17,236.43
937.49

58,529.35
2710.68

18,173.92

61,240.03

6,360.40

20,489.16

(568.99)

(184.30)

(842.38)

(765.97)

4,465.36
429.60
340.39
1,204.04
9,402.78

4217.64
485.74
278.33
1964.84
11,008.96

8,306.30
519.21
339.33
2,279.50
16,962.36

28,148.88
2131.61
1,298.42
7124.5
58,426.60

-98.98

-305.56

1,211.56

2,813.43

6.53

8.32

7.92

28.11

-297.24

1,219.48

2,841.54

682.88

685.06

721.33

2,504.36

-775.33

-982.30

498.15

-775.33

-982.30

498.15

337.18

(239.58)

. -263.06

161.62

165.11

-535.75

-719.24

336.53

172.07

(535.75)

(719.24)

336.53

172.07

(535.75)

(719.24)

336.53

172.07

1900.89

1900.89

1900.89

1900.89

-92.45

337.18

Q7

26976.32
(2.82)
(2.82)

" l~

(~t:!f)
c..
~..y

"""-I

.o

-*

-3.78
-3.78

1.77

1.77

0.91
0.91

EMPEE DISTILLERIES

LIMITED

CIN: L15511TN19B3PLC010313
Regd.

Office:

Empee

Tower,

No.59,

Harris Road,

Pudupet,

Chennai

- 600 002.

-2PART II

Quarter ended
31.03.2016
Iunaudltedl

Particulars
30.6.2016
IUnaudltedl
A
1

PARTICULARS

31.3.2016
IAud~ed\

OF SHAREHOL01NG

Public shareholding
- Number

of shares

- Percentage

Year ended

30.6.2015
'Unaudited'

Promoters

of shareholding

and Promoter

Group

7,293,209
38.37

7,336,209
38.59

7,239,648
38.09

7,336,209
38.59

2,030,897

2,030,897

2,030,897

2,030,897

Shareholding

Pledged I Encumbered

a)

- Number

of shares

- Percentage

of shares

of promoter

(as a % of the total shareholding

and promoter

17.33

group)

- Percentage of shares (as a % of the total share capital

of the company)

17.40

17.26

17.40

10.68

10.68

10.68

10.68

9,684,787

9,641,787

9,738,348

9,641,787

82.67

82.60

82.74

82.60

50.95

50.72

51.23

50.72

Non - encumbered

b)

- Number

of shares

- Percentage

of shares

01 the Promoter
- Percentage

(as a % of the total shareholding

and Promoter

of shares

group)

(as a % afthe

total share

capital

of the company)

Segment

wise

Revenue,

Results

and Capital

Employed

along

with the quarterly

Quarter

ended

results
IRs in Lakhs)
Year ended

Particulars

30.6.2016

31.03.2016

Unaudited

Unaudited

30.6.2015

31.3.2016

Unaudited

Audited

1. Segment Revenue
(net sale/Income from each segment should be disclosed under this
head)
(a) Segment -Indian Made Foreign Uquor
(bl Segment-

LAP

(c) Segment-

Power

9,221.07

10,460.26

15,223.91

54,375.73

7.49

79.52

1,822.56

5,378.91

75.24

163.62

1,127.45

1.485.39

(dl Unallocated
Total

9,303.80

10,703.40

1B,173.92

61,240.03

9,303.80

10,703.40

18,173.92

61,240.03

Less: Inter Segment Revenue

Net

satesnnecme

2.Segment
segment)

From Operations

Results (Profrtl(+)/ Loss H before tax and interest from Each

(al Segment-Indian

Made Foreign Liquor

237.34

(cl Segment-

Power

912.99

2,725.52

336.98

52.06

-247.80

117.49

254.43

-77.75

(340.07)

(b) Segment -lAP

10.28

363.83

(f) Unallocated

(92.45)

1,219.48

682.88

(297.24)
685.06

721.33

2,504.36

(775.33)

(9B2.30)

498.15

337.18

Total
Less: (i) Interest
(i) other

un-enccaete

2,841.55

Expenditure net off

(iI) Un-allocable income

Total Profit Before Tax
3.Capital Employed
(Segment assets - Segment Uabilities)
(a) Segment -Indian Made Foreign Uquor
(b) Segment -lAP
(c) Segment-

19985.56

19,140.20

16,506.97

19,140.20

6461.65

6,539.53

8,077.77

6,539.53

317.66

538.43

695.12

9,532.80

9,532.80

Power

(d) UnaDocated

9532.80

Total

36.297.67

35,750.96

538.43
9,532.80
35,750.96

34.812.66

Notes:
1. The above financial
approved
2.
3.

results for the quarter

by the Board at its meetings

The Company
Previous

operates

period(s)

ended 30.06.2016

IMFL, lAP and Power segments

figures

have been regrouped

4. The 60 KLPD Grain based Alcohol

have been reviewed

by the Audit Committee

and

held on 11.08.2016.

unit at Choutkur,

and segmental

wherever
Andhra

accounts

are given in the financial

results.

necessary.
Pradesh could not perform

due to non-availability

of

grains during the period under review.

S. The Company's power plant at Aranthangi could not be operated due to Restrictive Measures in force as exercised
by TNEB during the quarter.
6. The income from operations
the Company
operational

Alcohol

Unit at Choutkur,

AP and Power Plant at Aranthangi

were non-

as stated at SI. No.4 and 5 above.

7. The Company

had allotted

to the select investors

8. As intimated
10,00,000

and profits have been affected during the quarter under review due to two divisions of

viz. 60 KLPD Grain based

14%, 375, Secured, Listed, Redeemable

on 27'" April,

2016 under private

placement

to the Stock Exchanges (BSE and NSE) on 15.4.2016,

Equity Share Warrants

on private

placement

Non-convertible

Debentures

of Rs.10 lacs each

basis.
the Company

had withdrawn

the issue of

basis to the select investors.

For Empee Distilleries Limited

:;..:----

Place: Chennai

M.P.Purushothaman

Date :11.08.2016

Chainnan