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October 26,2076

Corporate Relationship Departmen!

Bombay Stock Exchange Limited,
Phiroze f eejebhoy Tower,
Dalal Street, Fort Mumbai - 400 001.

Security Code No. 505324

The Manager,

Security Symbol
Security Series

Listing Department,
National Stock Exchange of India Limited,

:MANUGRAPH
:EQ

Exchange Plaza,
Banda Kurla Complex,

Bandra (E), Mumbai

400 051

Dear Sir/s,
We refer to our letter dated October 13,2016 vide which it was intimated that the meeting
of the Board of Directors scheduled on October 26, 201,6, to consider and approve the
Unaudited Financial Results for the quarter and half year ended September 30, 2016.

Pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing

Obligations and Disclosure Requirements) Regulations, 2015, please take note that the
Board of Directors at its meeting held on Wednesday, October 26,2076, approved the
Unaudited Financial Results for the quarter and half year ended September 30, 2016
together with statement of Assets and Liabilities as on that date.

find enclosed the Unaudited Financial Results in Regulation 33 of the Securities and
Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations,
2015 format for the quarter and half year ended September 30, 2016 together with statement
of Assets and Liabilities and Limited Review Repot of Statutory Auditors.
Please

The meeting of the Board of Directors commenced at 12.00 noon and concluded at 1.10 p.m.
We request you to

kindly bring the above information to the notice of your members.

Kindly acknowledge the receipt.

For Manugraph India Limited

,\;
^lt\N.
\a].

(Mihir Mehta)

Company Secretary
Encl: As above

Iel

[,lANUCRAPH INDIA LTD.

Sidhwa House, N. A, Sawant Marg, Coiaba, Mumbai - 400 005. lndia.
91 22 2287 4815 Fax: 91-22-2287 0102 Cll.l: i 29290MH 19/2PLC015772
Email: info6rmanugraph.com Website: ww\n/.manugraph.com

*)

pr,.+tt^F.:?\PH
Reqd. Office: Sidhwa House, N.A. Sawant 14arc, Colaba. lYumbai ,lO0 005
( CIN_129290M|_11972P1C015772

No.022 22A52256

)rel

57

Wehte : vvw-manugraph.com

58 Fax No.022-22870702 Email : shareqrievances@manugraph.com

STATEMENT OF STANDALONE UI{AUDITED FII{ANCIAL RESULTS FOR THE QUARTER AI{D SIX MOI{THS E]{DED 3OTH SEPTEMBE& 2016

(Rs in crors)

six montfis ended

Quarter endd

Patticularc
30.09.2015

30.06.2015
Unaudited

30.09.2015

ended

30-09.2016
30.09.2015
Unaudited

31.O3.2016

Audited

Income from operations

Domestia sales

65.69

Export sales

9.96

Total gross sale6

75.65

Other opeating income

Total ihcom from opebtions

61.74

70_74

127.43

106.08

_s7

21.44

10.53

23.23

40.31

62.31

92.58

137.96

129.31

286.62

246.31

2.91

1.01

1.59

3.92

2.82

7A.56

63.32

94.17

141.48

132,13

294.94

12-32

36.20

35.91

52.77

72.11

87.43

156.80

Expendihrre

a) Cod of materials consumed

b) Purchases of sto.k-in-trade
c) Changes in inventories of finished

goods,

work-in-proqress and stoak-in-trade

d)
e)
t
g)

Employee benefits expense

6.84

(1.36)

0.50

5.48

13.95

14.21

13.00

28.22

27.01

54.45

1.59

3.12

3_16

6.S2
27.63

Depre(iation and amortisation cxpense

1.56

1.56

Excise duty

7.54

'?

(18.04)

6.64

_o9

6.62

14.63

n.21

Other expenses

ro.?2

10.58

10 36

21.30

18.77

44.66

Total expenditur

75.41

54.05

84"44

r,l4.A6

129.54

296.70

Profit ftom operations before other income, finance

costs & exceptional items (1-2)

1.75

(4.13)

9.33

(2.s8)

2.59

2.24

Other in.ome ( Refer Note 4 )

2.71

3.46

0.82

6_17

1.91

6.04

4.46

(1.27)

10.15

3.19

4.50

8.28

035

0.11

o_97

0.,16

4.11

(1.3a)

9.14

2.73

Profit from ordinary activiues before finance costs &

exceptional items (3+4)

5
1

.osts but before exceptional items (5-5)

item ( Refer Note

Exceptional

Profrt/(Loss) from ordinary adivities before

tax (7-8)

10 Tax expense
11

1.65

Protit from ordinary activities after finance

( Tax credit

3.34

6.62

3.08

3.08

4.11

(r.38)

9,la

2.73

o.26

3.54

0.41

1.05

(0.13)

1.46

(0.4,

(2.44)

3.'ro

(2.4s)

9,31

1.27

o.7L

5.98

3.70

(2.43)

9.31

t.27

o.7r.

5.98

6.04

608

5.08

6.08

5.08

6.08

Net Profit/(Loss) from ordinary adivities

after tax (9-1O)

12 Eytraordinary items (net of tax expense

Rsj-*-)
13

Net Profit/(Loss) for the priod

14 Paid-up

(U-12)

equit share capital

(Fate value of Rs.z/- each)

15 Resewe excluding revaluatioi reseryes as per
balance sheet of previous a(ccounting year

15

a)

2r0.12

Earninqs per share of Rs.2/bfore ereptional items

Basic and diluted ( Refer Note 6

(* Not annualised)

b)

1.22*

(o.80)*

2.94*

o.42*

o.91*

2.51

L.22*

(o.8o)*

3.O6*

o.42r,

o.23*

,.9?

(Rs)

Earnings per share of Rs.2/after exceptional,tems

Basic and diluted

(* Not annualised)

(Rs)

$t^

STANDALONE STATEMENT OF ASSETS AND LIABILITIES

(

Pa*iculars

A
1

Rs. in crores

Six months
ended

Yar

30.(xr,20t6
unaudited

31.03.2016
Audited

EQUITY AI{D LIABII"ITIES

shareholde6 funds

a)

Share Capital

b)

Reserves and Surplus

6.08

6.08

211.39

210.12

2L7.47

216.20

Otier long-term liabiliues

0.08

0.08

Lonq-term provisions

3.43

3.10

3.51

3.14

Sub-total - Sharcholders' tunds

Non-current liabiliEes

a)

b)
c)
d)

Long-termborrowings
Deferred tax liebilitiB (net)

Sub-total - Non-cunent liabilibes

current liabilities

a)
b)

Short-term borowings
Trade payables

24.96

17.35

c)

Other current liabiliUes

38.71

46.62

d)

Short-term provisions

11.37

14.99

SuFtotal - Cunent liabilities

75.04

7A.96

TOTAL - EQUITY & UABILITIES

2!16.O2

29a34

Fixed assets

34.03

36.23

Non-current investrnents

72.45

72.45

(nd)

3.89

4.74

17.t7

17.15

ASSETS

Non-cunent asseG

a)
b)
c)
d)
e)

Deferred tax assets

Long-term loans and advances

Otler non-aurrent

as9ets

Sub-total - Non-current assets

22_O9

23.51

,.49,53

154.12

current assets

a)
b)

Current investments

50.00

28.00

Inventories

58.68
7.23

61.78

25.70

21.88

3.28

3.25

c) Trade receivables
d) Cash and bank balen.es
e) Short-term Ioans and advances

1.50

3.O7

Sub-total - Cunent asseE

146.39

!44.22

TOTAL . ASSETS

296.O2

29434

Othcr cumnt assets

The above unaudited financial rsults were rcviewd

26.24

by the Audit Commiuee and approved by the Board of Dirc.tors atIE mebng held on

26th October, 2016

The statutory auditors have canied out

'

Limited Review " of the above rcsults in accordance with Clause 33 of

tie

SEBI (Usting Obligations and Distlos

Requkments) Rgulations. 2015..

The company has only one reportable primary business seqmnt i.e. Engineedng.
Other Income for the quarter ended 30th lune, 2016 and six months ended 30th September, 2016 includes plofit on sale of assets

of Rs.3.05.rores.

During the previous comparative six months ended 30th September 2015 tfie Company had implemented Voluntary Retirement Scheme, 2015. "
rompns.tion paid Rs. 3.OO crore basd on employees retlred under the s.heme is debited to the Statement of Profit & Lo55 and shown as exce8onal itr
The deferred tax impad there on of Rs. 0.81 crore is part of the defrred tax under tax expense.
The eaming per share before exaeptjonal item for the previous period / year have been computed without considering the (Unent and defened tax effe.t
the excaptional item,
Previous period figures have been re.groupd and re aranged whcrever neaessary to rnake them .omparable with those of tfie cunent period,
On behalf of the Board
For Manuqraph India Limited,

).te:

26th Ortober, 2016

;.tK-/'\,'_#^m\,i"
Mce chainnan & I,lanaoino Diredor

Natvarlal Vepari & Co.

CHARTERED ACCOUNTANTS
Oricon House,4th Floor, 12, K. Dubash Marg, Mumbai-4oo 023. . Tel

:67527100. Faxi67527101 .

E-Mail : nvc@nvc.in

Limited Review Report

Review Report to
The Board of Directors
lvlanugraph lndia Limited
lvlu m

'1.

bai

We have reviewed the accompanying statement of unaudited Standalone financial results (the
"Statement") of l\ilanugraph lndia Limited ('the Company') for the Quarter and Six months ended
3o'h September 2016 prepared in the format specified in Regulation 33 of the Securities and
Exchange Board of lndia (Listing Obligations and Disclosure Requirements) Regulation,2015 as
modified by Circular No. CIR / CFD I FAC 162 / 2016 dated July 5, 2016. This Statement is the
responsibility of the Company's management and has been approved by the Board of Directors.
Our responsibility is to issue a report on the Statement based on our review.

We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410,
Review of lnterim Financial lnformation Performed by the lndependent Auditor of the Entity issued
by the lnstitute of Chartered Accountants of lndia. This standard requires that we plan and
perform the review to obtain moderate assurance as to whether the Statement is 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 noi 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 for the Quarter and Six
months ended September 30, 2016, prepared in accordance with the applicable accounting
standards specified under section 133 of the Companies Act, 20'13, read with rule 7 of the
Companies (Accounts) Rules, 20'14) and other recognized accounting practices and policies has

not disclosed the information required to be djsclosed in terms of Regulation 33 of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI circular
bearing nos. Circular No. CIR / CFD / CMD / 15 / 2015 dated November 30, 20'l 5 and CIR i CFD /
FAC I 62 12016 dated July 5, 2016 including the manner in which it is to be disclosed, or that it
contains any material misstatement.

For Natvarlal Vepari & Co.

Chartered Accountants
Firm registration number: 1 0697'1W

-do-t o^-N Jayendran

Partner
No. 40441
lvlumbai, Dated : October 26, 2016
Nil.