General information about company

Scrip code538838
NSE Symbol
MSEI Symbol
ISIN*INE407P01017
Name of companyINDO COTSPIN LIMITED
Class of securityEquity
Date of start of financial year01-04-2017
Date of end of financial year31-03-2018
Date of board meeting when results were approved14-05-2018
Date on which prior intimation of the meeting for considering financial results was informed to the exchange26-04-2018
Description of presentation currencyINR
Level of rounding used in financial resultsLakhs
Reporting QuarterYearly
Nature of report standalone or consolidatedStandalone
Whether results are audited or unauditedAudited
Segment ReportingSingle segment
Description of single segmentTEXTILES
Start time of board meeting01:00
End time of board meeting03:00



Financial Results Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-01-201801-04-2017
BDate of end of reporting period31-03-201831-03-2018
CWhether results are audited or unauditedAuditedAudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1Income
Revenue from operations424.961102.47
Other income0.1417.31
Total income425.11119.78
2Expenses
(a)Cost of materials consumed248.49769.22
(b)Purchases of stock-in-trade134.35136.36
(c)Changes in inventories of finished goods, work-in-progress and stock-in-trade-14.330.55
(d)Employee benefit expense 12.0642.76
(e)Finance costs0.491.89
(f)Depreciation, depletion and amortisation expense9.4236.64
(f)Other Expenses
1Other Expenses30.8894.86
10
Total other expenses30.8894.86
Total expenses421.391112.28

Financial Results Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-01-201801-04-2017
BDate of end of reporting period31-03-201831-03-2018
CWhether results are audited or unauditedAuditedAudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
3Total profit before exceptional items and tax3.717.5
4Exceptional items 00
5Total profit before tax3.717.5
7Tax expense
8Current tax1.431.45
9Deferred tax-1.45-3
10Total tax expenses-0.02-1.55
11Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement00
14Net Profit Loss for the period from continuing operations3.739.05
15Profit (loss) from discontinued operations before tax00
16Tax expense of discontinued operations00
17Net profit (loss) from discontinued operation after tax00
19Share of profit (loss) of associates and joint ventures accounted for using equity method00
21Total profit (loss) for period3.739.05
22Other comprehensive income net of taxes00

Financial Results Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-01-201801-04-2017
BDate of end of reporting period31-03-201831-03-2018
CWhether results are audited or unauditedAuditedAudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
23Total Comprehensive Income for the period3.739.05
24Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
25Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent00
Total comprehensive income for the period attributable to owners of parent non-controlling interests00
26Details of equity share capital
Paid-up equity share capital420.05420.05
Face value of equity share capital1010
27Details of debt securities
Paid-up debt capital420.05420.05
Face value of debt securities1010
28Reserves excluding revaluation reserve189.69
29Debenture redemption reserve00
30Earnings per share
iEarnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations0.050.14
Diluted earnings (loss) per share from continuing operations0.050.14
iiEarnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations00
Diluted earnings (loss) per share from discontinued operations00
iiEarnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations0.050.14
Diluted earnings (loss) per share from continuing and discontinued operations0.050.14
31Debt equity ratio0.000%0.000%
32Debt service coverage ratio0.000%0.000%
33Interest service coverage ratio0.000%0.000%
34Disclosure of notes on financial resultsTextual Information(1)

Text Block

Textual Information(1)NOTES:-
1. THE STATEMENT OF AUDITED RESULTS HAVE BEEN APPROVED BY THE AUDITED COMMITTEE OF THE BOARD OF DIRECTORS IN THE MEETING HELD ON 14TH MAY, 2018, APPROVED BY THE BOARD OF THE DIRECTORS IN THE MEETING HELD ON THE SAME DAY.
2. THERE ARE NO DIFFERENCE IN THE NET PROFIT REPORTED IN ACCORDANCE WITH INDIAN GAAP TO TOTAL COMPREHENSIVE INCOME IN ACCORDANCE WITH IND AS FOR THE QUARTER AND TWELVE MONTHS ENDED 31ST MARCH, 2018, HENCE NO RECONCILIATION STATEMENT IS PREPAIRED FOR RECONCILIATION FOR NET PROFIT REPORTED IN PREVIOUS GAAP TO IND AS.
3. THE COMPANY OPERATE IN ONE SEGMENT (TEXTILE PRODUCTS),HENCE NO SEGMENT REPORTING IS PROVIDED.
4. EPS/CASH EPS WORKED OUT ON TOTAL NUMBERS OF PAID UP EQUITY SHARES.INVESTORS COMPLAIN
NILL.
5. FIGURES FOR THE PREVIOUS PERIOD HAVE BEEN REGROUP/ RECLASSIFIED WHERVER IS NECESSARY TO CONFIRM TO CURRENT PERIOD'S CLASSIFICATION.

FOR INDO COTSPIN LIMITED

BALKISHAN AGGARWAL
(MANAGING DIRECTOR)

PLACE: PANIPAT
DATE :14.05.2018



Statement of Asset and Liabilities

ParticularsCurrent year ended (dd-mm-yyyy)
Date of start of reporting period01-04-2017
Date of end of reporting period31-03-2018
Whether results are audited or unauditedAudited
Nature of report standalone or consolidatedStandalone
Assets
1 Non-current assets
Property, plant and equipment174.02
Capital work-in-progress0
Investment property0
Goodwill0
Other intangible assets0
Intangible assets under development0
Biological assets other than bearer plants0
Investments accounted for using equity method0
Non-current financial assets
Non-current investments81.65
Trade receivables, non-current0
Loans, non-current0
Other non-current financial assets0
Total non-current financial assets81.65
Deferred tax assets (net)6.32
Other non-current assets2.91
Total non-current assets264.9
2Current assets
Inventories69.09
Current financial asset
Current investments364.42
Trade receivables, current156.17
Cash and cash equivalents12.83
Bank balance other than cash and cash equivalents76.55
Loans, current22.64
Other current financial assets6.07
Total current financial assets638.68
Current tax assets (net)0
Other current assets0
Total current assets707.77

Statement of Asset and Liabilities

ParticularsCurrent year ended (dd-mm-yyyy)
Date of start of reporting period01-04-2017
Date of end of reporting period31-03-2018
Whether results are audited or unauditedAudited
Nature of report standalone or consolidatedStandalone
3Non-current assets classified as held for sale0
4Regulatory deferral account debit balances and related deferred tax Assets0
Total assets972.67
Equity and liabilities
Equity
Equity attributable to owners of parent
Equity share capital420.05
Other equity189.69
Total equity attributable to owners of parent609.74
Non controlling interest
Total equity609.74
Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current10.11
Trade payables, non-current0
Other non-current financial liabilities0
Total non-current financial liabilities10.11
Provisions, non-current8.51
Deferred tax liabilities (net)0
Deferred government grants, Non-current0
Other non-current liabilities0
Total non-current liabilities18.62
Current liabilities
Current financial liabilities
Borrowings, current9.63
Trade payables, current328.8
Other current financial liabilities0
Total current financial liabilities338.43
Other current liabilities4.45
Provisions, current1.43
Current tax liabilities (Net)0
Deferred government grants, Current0
Total current liabilities344.31
3Liabilities directly associated with assets in disposal group classified as held for sale0
4Regulatory deferral account credit balances and related deferred tax liability0
Total liabilities362.93
Total equity and liabilites972.67
Disclosure of notes on assets and liabilitiesTextual Information(1)

Text Block

Textual Information(1)NOTES:-
1. THE DISCLOSURE IS AN EXTRACT OF THE AUDITED STANDALONE STATEMENT OF ASSETS AND LIABILITIES AS ON MARCH 31,2018 PREPARED IN COMPLIANCE WITH THE INDIAN ACCOUNTING STANDARD (IND-AS)

BY ORDERE OF THE BOARD
FOR INDO COTSPIN LIMITED

BALKISHAN AGGARWAL
(MANAING DIRECTOR)

PLACE:- PANIPAT

DATE:- 14.05.2018



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results

Particulars3 months/ 6 month ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period01-01-201801-04-2017
Date of end of reporting period31-03-201831-03-2018
Whether accounts are audited or unaudited
Nature of report standalone or consolidatedStandaloneStandalone
1Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3(Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets
Net Segment Asset
4Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments