General information about company

Scrip code538838
NSE Symbol
MSEI Symbol
ISIN*INE407P01017
Name of companyINDO COTSPIN LIMITED
Type of company
Class of securityEquity
Date of start of financial year01-04-2018
Date of end of financial year31-03-2019
Date of board meeting when results were approved31-10-2018
Date on which prior intimation of the meeting for considering financial results was informed to the exchange12-10-2018
Description of presentation currencyINR
Level of rounding used in financial resultsLakhs
Reporting QuarterHalf yearly
Nature of report standalone or consolidatedStandalone
Whether results are audited or unauditedUnaudited
Segment ReportingSingle segment
Description of single segmentTEXTILES
Start date and time of board meeting31-10-2018 11:15
End date and time of board meeting31-10-2018 01:15
Declaration of unmodified opinion or statement on impact of audit qualificationNot applicable



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 period01-07-201801-04-2018
BDate of end of reporting period30-09-201830-09-2018
CWhether results are audited or unauditedUnauditedUnaudited
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 operations151.23292.66
Other income5.3725.94
Total income156.6318.6
2Expenses
(a)Cost of materials consumed142.51263.03
(b)Purchases of stock-in-trade4.554.87
(c)Changes in inventories of finished goods, work-in-progress and stock-in-trade-28.2-28.42
(d)Employee benefit expense 9.5319.04
(e)Finance costs0.370.82
(f)Depreciation, depletion and amortisation expense9.1916.49
(f)Other Expenses
1Other Expenses17.0438.12
10
Total other expenses17.0438.12
Total expenses154.99313.95

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 period01-07-201801-04-2018
BDate of end of reporting period30-09-201830-09-2018
CWhether results are audited or unauditedUnauditedUnaudited
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 tax1.614.65
4Exceptional items 00
5Total profit before tax1.614.65
7Tax expense
8Current tax00.57
9Deferred tax1.171.64
10Total tax expenses1.172.21
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 operations0.442.44
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 period0.442.44
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 period01-07-201801-04-2018
BDate of end of reporting period30-09-201830-09-2018
CWhether results are audited or unauditedUnauditedUnaudited
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 period0.442.44
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
28Reserves excluding revaluation reserve
29Earnings per share
iEarnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations0.010.11
Diluted earnings (loss) per share from continuing operations0.010.11
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 operations0.010.11
Diluted earnings (loss) per share from continuing and discontinued operations0.010.11
30Debt equity ratio00
31Debt service coverage ratio00
32Interest service coverage ratio00
33Disclosure of notes on financial resultsTextual Information(1)

Text Block

Textual Information(1)1. THE ABOVE STANDALONE RESULTS HAVE BEEN REVIEWED BY THE AUDIT COMMITTEE IN THEIR MEETING HELD ON 31ST OCTOBER 2018 AND APPROVED BY THE BOARD OF DIRECTORS IN THEIR MEETING HELD ON THE 31ST OCTOBER 2018.
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 ENDED 30TH SEPTEMBER, 2018. HENCE NO RECONCILIATION STATEMENT IS PREPARED 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.
5. INVESTORS COMPLAIN NIL 30TH SEPTEMBER , 2018.
6. FIGURES FOR THE PREVIOUS PERIOD HAVE BEEN REGROUPRD/RECLASSIFIED WHERVER NECESSARY TO CONFORM TO CURRENT PERIOD'S CLASSIFICATION

FOR INDO COTSPIN LIMITED



BALKISHAN AGGARWAL
MANAGING DIRECTOR

PLACE: PANIPAT
DATE: 31-10-2018



Statement of Asset and Liabilities

ParticularsHalf year ended (dd-mm-yyyy)
Date of start of reporting period01-04-2018
Date of end of reporting period30-09-2018
Whether results are audited or unauditedUnaudited
Nature of report standalone or consolidatedStandalone
Assets
1 Non-current assets
Property, plant and equipment277.82
Capital work-in-progress
Investment property
Goodwill0
Other intangible assets0
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments81.64
Trade receivables, non-current
Loans, non-current0
Other non-current financial assets6.07
Total non-current financial assets87.71
Deferred tax assets (net)4.68
Other non-current assets
Total non-current assets370.21
2Current assets
Inventories144.63
Current financial asset
Current investments299.49
Trade receivables, current170.18
Cash and cash equivalents6.53
Bank balance other than cash and cash equivalents26.12
Loans, current43.03
Other current financial assets0.04
Total current financial assets545.39
Current tax assets (net)
Other current assets
Total current assets690.02

Statement of Asset and Liabilities

ParticularsHalf year ended (dd-mm-yyyy)
Date of start of reporting period01-04-2018
Date of end of reporting period30-09-2018
Whether results are audited or unauditedUnaudited
Nature of report standalone or consolidatedStandalone
3Non-current assets classified as held for sale
4Regulatory deferral account debit balances and related deferred tax Assets
Total assets1060.23
Equity and liabilities
Equity
Equity attributable to owners of parent
Equity share capital420.05
Other equity192.14
Total equity attributable to owners of parent612.19
Non controlling interest
Total equity612.19
Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current5.19
Trade payables, non-current
Other non-current financial liabilities
Total non-current financial liabilities5.19
Provisions, non-current8.51
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities13.7
Current liabilities
Current financial liabilities
Borrowings, current9.85
Trade payables, current420.84
Other current financial liabilities
Total current financial liabilities430.69
Other current liabilities
Provisions, current3.65
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities434.34
3Liabilities directly associated with assets in disposal group classified as held for sale
4Regulatory deferral account credit balances and related deferred tax liability
Total liabilities448.04
Total equity and liabilites1060.23
Disclosure of notes on assets and liabilitiesTextual Information(1)

Text Block

Textual Information(1)FOR AND ON BEHALF OF BOARD

BAL KISHAN AGGARWAL
MANAGING DIRECTOR
31-10-2018



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 period01-07-201801-04-2018
Date of end of reporting period30-09-201830-09-2018
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