Yearly report First quarter results Second quarter results
As on 30th Sep 2007
(Second quarter results)
Rs. in Lacs
PARTICULARS
 Quarter ended Half yearly
Year ended
30.09.2007
30.09.2006
30.09.2007
30.09.2006
31.03.2007
(Reviewed)
(Reviewed)
(Reviewed)
(Reviewed)
(Audited)
Net Sales/Income from operations          
Gross Sales 8477.35 5221.15 16294.60 12725.99
27836.27
Less : Excise duty 1140.94 719.82 2240.89 1741.04
3810.17
Net Sales 7336.41 4501.33 14053.71 10984.95
24026.10
Other Income 126.27 28.27 154.14 38.09
106.10
Total Income 7462.68 4529.60 14207.85 11023.04
24132.20
Expenditure        
(a)  (Increase)/decrease in stock-in-trade 1082.44 (359.98) 1112.85 10.27
139.61
(b)  Raw material Consumed 4719.66 3373.05 9832.67 8102.99
17782.50
(c)  Staff Cost 176.80 164.67 340.06 340.04
615.19
(d)  Power & Fuel 365.51 254.98 718.42 598.48
1223.64
(e ) Other expenditure 293.27 301.94 533.73 415.77
959.62
Total Expenditure 6637.67 3734.66 12537.73 9467.55
20720.56
Profit before Interest, Depreciation & Taxes 825.01 794.94 1670.12 1555.49
3411.64
Interest 353.80 436.31 734.46 733.46
1573.81
Profit after interest but beforeDepreciation & Taxes 471.21 358.64 935.66 822.03
1837.83
Depreciation 144.44 154.73 295.95 308.17
618.60
Profit before Tax and Extraordinary item 326.77 203.91 639.71 513.86
1219.23
Extra ordinary item(Sale of Land & Building of Vadodara unit) 0.00 0.00 0.00 0.00
269.41
Profit before tax 326.77 203.91 639.71 513.86
1488.64
Provision for Taxation - Current 0.00 0.00 0.00 0.00
(488.85)
Provision for Taxation - Fringe benefit (2.06) (3.06) (4.34) (5.66)
(10.12)
Net Profit after tax 324.71 200.85 635.37 508.20
989.67
Provision for taxation - Deffered  0.00 0.00 0.00 0.00
(464.51)
Net Profit after Deffered Tax 324.71 200.85 635.37 508.20
525.16
Paid-up equity share capital        
(Face value of Re.1/-) 1659.06 1659.06 1659.06 1659.06
1659.06
Reserves excluding revaluation reserves        
5940.62
(as per balance sheet)      
Earning per share (par value Re.1/-) (Rs)        
(for the Quarter / Six month / Year)        
a)Cash 0.28 0.21 0.56 0.49
0.69
b) Basic and diluted EPS before Extraordinary 0.20 0.12 0.38 0.31
0.15
c) Basic and diluted EPS after Extraordinary 0.20 0.12 0.38 0.31
0.32
Public Shareholding :        
  No of shares 93883885 95507530 93883885 95507530
94987088
 Percentage of shareholding 56.59% 57.57% 56.59% 57.57%
57.25%

Notes:

  1. The auditors of the Company have carried out a 'Limited Review' of the financial results for the quarter ended 30th September 2007 in terms of Clause 41 of the Listing Agreement with Stock Exchange.
  2. The Provision for Income Tax and Deferred Tax, if any, will be accounted for at the end of accounting year.
  3. The Company operates in a single segment only.
  4. As on 1st July 2007, the Company had no investors complaints pending. During the quarter Company has received 17 complaints which have been suitably resolved and no complaints are pending as on 30th September 07
  5. Figures for the previous period have been re-grouped and re-arranged wherever necessary.
  6. The above results were reviewed by the Audit Committee and taken on record by the Board of Directors at their meeting held on 13th October 2007..
   
Place : Abu Road

For Bhansali Engineering Polymers Ltd

  
Date : 13th October 2007
 
   
B.M. Bhansali
Managing Director