|
Particulars |
Quarter ended |
Year ended |
Quarter ended |
Year ended |
|
30.06.2009 |
30.06.2008 |
31.03.2009 |
30.06.2009 |
30.06.2008 |
31.03.2009 |
|
(Unaudited) |
(Unaudited) |
(Audited) |
(Unaudited) |
(Unaudited) |
(Audited) |
|
1. (a) |
Net Sales / Income from Operations |
542.94 |
531.98 |
2061.09 |
707.82 |
720.03 |
2804.92 |
|
(b) |
Other Operating Income |
1.62 |
2.51 |
14.11 |
18.94 |
10.84 |
46.71 |
|
2. |
Total Revenue |
544.56 |
534.49 |
2075.20 |
726.76 |
730.87 |
2851.63 |
|
3. |
Expenditure |
|
|
|
|
|
|
|
|
a) Increase in Stock in Trade and Work In Progress |
(6.51) |
(19.43) |
(21.17) |
(6.51) |
(19.48) |
(22.87) |
|
|
b) Consumption of Raw Materials (Net) |
318.85 |
349.60 |
1337.82 |
318.85 |
348.30 |
1351.52 |
|
|
c) Purchase of Traded Goods |
16.52 |
6.33 |
42.26 |
16.52 |
6.33 |
42.26 |
|
|
d) Employee Cost |
43.47 |
38.12 |
155.19 |
65.85 |
61.02 |
239.38 |
|
|
e) Depreciation |
15.19 |
14.49 |
59.12 |
19.90 |
18.62 |
79.69 |
|
|
f) Other Expenditure |
106.88 |
116.86 |
452.51 |
221.60 |
243.65 |
945.82 |
|
|
g) Total |
494.40 |
505.97 |
2025.73 |
636.21 |
658.44 |
2635.80 |
|
4. |
Profit From Operations before Other Income, Interest and
Exceptional Items { 2 - 3 } |
50.16 |
28.52 |
49.47 |
90.55 |
72.43 |
215.83 |
|
5. |
Other Income |
0.20 |
2.10 |
15.08 |
0.36 |
2.19 |
16.29 |
|
6. |
Profit Before Interest and Exceptional Items { 4 + 5 } |
50.36 |
30.62 |
64.55 |
90.91 |
74.62 |
232.12 |
|
7. |
Interest |
7.32 |
5.84 |
28.19 |
51.38 |
49.12 |
212.31 |
|
8. |
Profit After Interest but before Exceptional Items { 6 - 7} |
43.04 |
24.78 |
36.36 |
39.53 |
25.50 |
19.81 |
|
9. |
Exceptional Items |
|
|
|
|
|
|
|
|
a) Profit on Sale of Long Term Investments |
|
31.84 |
46.66 |
|
31.84 |
46.66 |
|
|
b) Loss on Sale of Securities (Share in Joint Venture) |
|
|
|
(0.67) |
|
(4.99) |
|
10. |
Profit Before Tax from Ordinary Activities { 8 + 9} |
43.04 |
56.62 |
83.02 |
38.86 |
57.34 |
61.48 |
|
11. |
Tax Expense |
14.59 |
8.33 |
10.84 |
15.57 |
10.74 |
7.05 |
|
12. |
Profit After Tax { 10 - 11 } |
28.45 |
48.29 |
72.18 |
23.29 |
46.60 |
54.43 |
|
|
Minority Interest |
|
|
|
0.77 |
(0.51) |
(1.82) |
|
13. |
Net Profit |
28.45 |
48.29 |
72.18 |
24.06 |
46.09 |
52.61 |
|
14. |
Paid-up Equity Share Capital (Face Value of Rs. 2 Each) |
36.95 |
36.95 |
36.95 |
36.95 |
36.95 |
36.95 |
|
15. |
Reserves and Surplus |
|
|
700.00 |
|
|
659.17 |
|
16. |
Basic Earnings Per Share (in Rs.) - Not Annualised |
1.54 |
2.61 |
3.91 |
1.30 |
2.49 |
2.85 |
|
17. |
Diluted Earnings Per Share (in Rs.) - Not Annualised |
1.54 |
2.61 |
3.91 |
1.30 |
2.49 |
2.85 |
|
18. |
Aggregate of Public Shareholding |
|
|
|
|
|
|
|
|
Number of Shares |
72,618,720 |
72,607,920 |
72,618,720 |
72,618,720 |
72,607,920 |
72,618,720 |
|
|
% of Shareholding |
39.30% |
39.29% |
39.30% |
39.30% |
39.29% |
39.30% |
|
19. |
Promoters and Promoter Group Shareholding |
|
|
|
|
|
|
|
|
a) Pledged/Encumbered |
|
|
|
|
|
|
|
|
- Number of Shares |
2,366,060 |
|
2,675,364 |
|
|
2,675,364 |
|
|
- Percentage of Shares
(as a % of the Total Shareholding of Promoter and Promoter
Group) |
2.48% |
|
2.80% |
|
|
2.80% |
|
|
- Percentage of Shares
(as a % of the Total Share Capital of the Company) |
1.28% |
|
1.45% |
|
|
1.45% |
|
|
b) Non Encumbered |
|
|
|
|
|
|
|
|
- Number of Shares |
93,035,970 |
|
92,726,666 |
|
|
92,726,666 |
|
|
- Percentage of Shares
(as a % of the Total Shareholding of Promoter and Promoter
Group) |
97.52% |
|
97.20% |
|
|
97.20% |
|
|
- Percentage of Shares
(as a % of the Total Share Capital of the Company) |
50.35% |
|
50.18% |
|
|
50.18% |
| 1. |
The above results have been reviewed by the Audit Committee and
approved by the Board of Directors at its meeting held on 29th July,
2009. |
| 2. |
The Statutory Auditors of the Company have carried out a Limited
Review of the above Unaudited Standalone and the Unaudited
Consolidated Financial Results for the quarter ended 30th June, 2009. |
| 3. |
The Company has invested Rs 55.50 Cr. in its Subsidiary,
Cholamandalam MS General Insurance Company Limited (CMSGICL) by
subscribing to its entitlement in the rights issue of CMSGICL at par. |
| 4. |
With reference to the observations of the Auditors on the
consolidated financial statements regarding the clearance of certain
open items in some of the Bank Reconciliation Statements of
Cholamandalam DBS Finance Limited (CDFL), CDFL has made significant
progress in resolving the outstanding open items. CDFL is of the
opinion that the adjustments, if any, arising out of clearance of the
balance items should not have a material impact on its reported
results for the quarter ended 30th June 2009. |
| 5. |
During the quarter, no investor complaints were received. There was
no complaint pending both at the beginning and end of the quarter. |
| 6. |
Previous periods' figures have been re-grouped / re-classified,
where necessary. |
|
Particulars |
Quarter ended |
|
Year ended |
Quarter ended |
|
Year ended |
|
30.06.2009 |
30.06.2008 |
31.03.2009 |
30.06.2009 |
30.06.2008 |
31.03.2009 |
|
(Unaudited) |
(Unaudited) |
(Audited) |
(Unaudited) |
(Unaudited) |
(Audited) |
|
1 |
Segment Revenue |
|
|
|
|
|
|
|
|
Cycles / Components / E-Scooters |
231.07 |
180.25 |
725.10 |
231.07 |
180.25 |
725.10 |
|
|
Engineering |
200.86 |
273.75 |
960.06 |
202.15 |
274.19 |
965.39 |
|
|
Metal Formed Products |
125.10 |
109.13 |
486.38 |
125.10 |
110.85 |
493.13 |
|
|
Insurance |
|
|
|
106.92 |
94.35 |
422.38 |
|
|
Other Financial Services |
|
|
|
75.77 |
101.72 |
354.25 |
|
|
Others |
|
|
|
0.79 |
0.50 |
3.07 |
|
|
Total |
557.03 |
563.13 |
2171.54 |
741.80 |
761.86 |
2963.32 |
|
|
Less : Inter Segment Revenue |
12.47 |
28.64 |
96.34 |
15.04 |
30.99 |
111.69 |
|
|
Total Revenue |
544.56 |
534.49 |
2075.20 |
726.76 |
730.87 |
2851.63 |
|
2 |
Segment Results (Profit before Interest and Tax) from each Segment
except Other Financial Services) |
|
|
|
|
|
|
|
|
Cycles / Components / E-Scooters |
24.32 |
10.74 |
29.17 |
24.32 |
10.74 |
29.17 |
|
|
Engineering |
17.81 |
22.80 |
16.54 |
15.88 |
21.12 |
3.76 |
|
|
Metal Formed Products |
14.36 |
13.62 |
50.82 |
14.36 |
13.67 |
51.02 |
|
|
Insurance |
|
|
|
(2.77) |
3.18 |
11.85 |
|
|
Other Financial Services (Profit / (Loss) After Interest and Before
Tax) |
|
|
|
0.49 |
(0.88) |
(14.81) |
|
|
Others |
|
|
|
0.17 |
0.08 |
0.73 |
|
|
Total |
56.49 |
47.16 |
96.53 |
52.45 |
47.91 |
81.72 |
|
|
Less : |
|
|
|
|
|
|
|
|
Interest |
(7.32) |
(5.84) |
(28.19) |
(7.46) |
(5.87) |
(28.46) |
|
|
Other Un-allocable Expenditure Net of Un-allocable Income |
(6.13) |
(16.54) |
(31.98) |
(6.13) |
(16.54) |
(38.44) |
|
|
Un-allocable Exceptional Items |
|
31.84 |
46.66 |
|
31.84 |
46.66 |
|
|
Net Profit before Tax |
43.04 |
56.62 |
83.02 |
38.86 |
57.34 |
61.48 |
|
3 |
Capital Employed (Segment Assets - Segment Liabilities) |
|
|
|
|
|
|
|
|
Cycles / Components / E-Scooters |
66.33 |
58.43 |
55.78 |
66.33 |
58.43 |
55.78 |
|
|
Engineering |
337.26 |
391.41 |
329.17 |
359.20 |
423.73 |
356.41 |
|
|
Metal Formed Products |
319.36 |
276.56 |
339.55 |
319.36 |
277.10 |
339.55 |
|
|
Insurance |
|
|
|
226.02 |
146.50 |
149.23 |
|
|
Other Financial Services |
|
|
|
220.53 |
161.62 |
219.94 |
|
|
Others |
|
|
|
2.14 |
1.67 |
2.04 |
|
|
Other Un-allocable Assets Net of Un-allocable Liabilities |
538.96 |
393.72 |
457.98 |
90.48 |
129.84 |
69.48 |
|
|
Total |
1261.91 |
1120.12 |
1182.48 |
1284.06 |
1198.89 |
1192.43 |
