a.

'

'

ser

SOUTHERN ONLINE
BIO TECHNOLOGIES LTD
SBT/BSE/AFR:2015-16

3l'tMay,2016

The Secretary

Bombay Stock Exchange Ltd

Regd. Office: Floor 25,
P J Towers, Dalal Street,

MUMBAI _ 4OO OOl

Dear Sir lMadam,
Sub: Outcome of the Board Meeting

The Board of Directors of the Company has commenced their meeting on 30th May 2016 at 4.00pM
and

concluded on

3l't May

2016

at 12.45 P.M. have considered and approved the following.

In Compliance of Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations

2015, we are herewith furnishing the Audited Financial Results for the tr'inancial year ended 31i
March

2016 and Auditors Report from the Statutory Auditors' of the company.

Kindly acknowledge and take the same on your records.

Thanking You,

For Southern

Iine

'echnologies

Ltd

Krishna

& cFo
Encl:a/a.

An ISO 9001:2008 Certified Company

GIN : L72900rcil'l 998PLC030463
H. No. :8-3-833i173, KamalapuriColony, Phase - ll, Hyderabad - 500 073. T.S.
Tel. : +91-40-49221999, Fax: +9'1-40-49221998, email : info@sol.net.in website:www.sol.net.in
Unit - | : Samsthan Narayanapur (V&M), Nalgonda Dist., T.S., Ph. : 0868'l-287898, Fax: 08681-2gZB}t
Unit- ll : Plot No.45/A,APlIC-SEZ,Atchutapuram (V&M), Visakhapatnam Dist.-531011,A.P., Ph.:08924-23tO24,Fax:OBg24-231022

# SBT
SOUTHERN ONLINE
AUDITEDFINANCTALRESULTSFoRTTTEeUARTER&ynennxon*tlb{.zdrb.vl

II\vL\rrvl

LTD

( Rs. In Lacs )
S.

No

Particulars

Quarter Ended

INCOME FROM OPERATIONS.

a) Net Sales / Income from Operatiols
cf Excise Dury )

Year ended

31.03.2016

31.12.2015

31.03.2015

31.03.2016

31.03.2015

Audited

m audited

Audited

Audited

Audited

( Net

6.845.93

3.135.27

3,999.39

22,114.96

24.695.02

6,84s.93

3,13s"27

3,999.39

22,114.96

24,695.42

b) Other Operating Income

Total Income from Operations ( net )

2

Expenses
a) Cost of materials consumed

b) Purchases ofStock -

in

trade.

c) Changes in inventories of finished goods

2,124.23

933.30

1,448.68

5.901.32

4.477.10

2,157.16

1.6it.07

15,033.53

n\7

))

13.960.64

work-in progress and stock-in-trade.

(r,450. r6)

d) Employee benefits expenses.

(775.80)

(s30.02.

(r,426.69)

(2i0.991

5i.88

89.23

222.08

(456.42)

154.02

20.46

r77.09

Other Expenses.

89.51

99.08

84.68

379.48

330.)5

Power and Fuei

120.68

98.82

99.53

388.82

550.38

Stores and Spares Consurneci.

220.40

64.76

2i1.22

427.00

755.52

Operating Expenses
Administration Expenses

176.77

29.42

130.5

502.13

800.25

63.33

54.49

42.89

20.r9

i 20.1 9
a/1 17

315.70
112.49

421.67

391.17

250.29

391.17

6s.33

e) Depreciarion and amortisation exDense.

f) Other expenditure ( Any item exceeding

0/o
of the total erpen<iiture to be shown

262.84
1,

!96.00

10

separately)

Marketing Expenses.
IROAF Construction Expenses.

103.8s

36

i.82

Lcgistics expenses

Total Expenses
3

Profit from Operations before Other Income

Other Income

Profit from ordinary activities before finance

Finance Costs and Exceptlonal Items (

2)

costs and exceptional irems ( 3+4 )

6

Finance costs.

Profit from ordinary activities after finance

costs but before exceptional Items (5-6 )

Exceptional Items

Profit (+) / Loss ( - ) from Ordinary Activities

before tax ( 7+8 )

5,577.52

2,886.92

3.917 -99

22,283.24

25,98A.43

1,268.41

248.35

81.40

(168.28)

(1,285.411

29.71

3.79

|i.44

49.54

a1.oJ

1,298.12

ta2. t4

92.44

t118.74

(1,243.78.

88.34

72.48

267.57

623.1,6

1,971.44

1,209.78

180.06

(17s.13)

(741.e0)

(3,215.22

1,209.78

180.06

(17s.13)

(741.90)

(3,275.22

(6s4.34)

Q44.71)

i2,04s.58)

479.21

(s01.1e)

(1.169.64

Tax Expenses.
10

i) Current Tax

ii) Defened Ta-r

11

Net Profit (*)

activities after

l2

tax

(40s 06)

from ordinary

(9 10 )

Extraordinary irems (ner

[)
t2

Loss (-)

olLu

1,614.84

180.06

erpenses;

Losses Due to CycJone Hud Hud

(45e.44)

2) Insurance claim fo. Cycione Losses

459.44

NetProfit{+)/Loss ( ) fortheperiod (11

12 )

1,614.84

180.05

479.2i

1,914.29)

1,914.29
(s01.1e)

{1,i69.54'

An ISO 9001:2008 Certified Company

CIN : L72900rc-1 998PLC030463
H. No. : 8-3-833/173, Kamalapuri Colony, Phase - ll, Hyderabad - 500 073. T.S.
Tel. :+91-40-49221999, Fax:+91-40-49221998, email : info@sol.net.in website:www.sol.net.in
Unit - | : Samsthan Narayanapur (V&M), Nalgonda Dist., T.S., Ph. : 08681-287898, Fax : 08681-257807
Unit - ll : Plot No.45/A, APIIC-SEZ, Atchutapuram (V&M), Visakhapatnam Dist.-531011, A.P., Ph.:08924-23T024,Fax
-ij

ffisBr
- .,.:_:..:__,:

;.?t,r+.

i:*,ci+.

%****-.*-**/'

SOUTHERN ONLINE
BIO TECHNOLOGIES LTD
profit / (loss) of associates

14

Share of

15

Net profit / ( Loss ) after taxes, minoriry

interest and share ofprofit / (loss) of

associates(13+14)16

180.06

479.21.

(s01.1e)

(1,,169.64)

s899.32

5899.32

5899.32

5899.32

5899.32

2.74

0.30

(0.8s)

(1.e81

Paid up equity share capital

( Face value

t7

1,614.85

of

Rs. 10/- per Equity Share )

Reserve excluding Revaluation Reserves as

per balance sheet ofprevious accounting

year.

18

Earning per share ( tsasic and Diluted )

0.81

SOUTHERN ONLINE
BIO TECHNOLOGIES LTD
PART -

iI
SEGMENT

WISE REVENUE, RESULTS AND CAPI'I'AL EMPLOYET'

( rc. tn racs )

Yeu

Oumer Ended

Prticulars

s.No

euded

31.03.2016

31.12.2015

31.03.2015

31.03.2016

31.03.2015

Ardited

Uuaudited

Audited

Audited

Audited

iegment Reveuue:
:) Bio Diesel Busiuess.
J Trading & Others
Less:

160.38

135.,16

601.06

519.97

t,ffi.96

817.09

1,603.99

6,033.23

9,134.83

5.027.56

2,157.80

2,259.94

15,480.67

t5,040.22

6,845.93

3,135.27

3,999.39

22,114.96

24,69s.02

151.41

r) ISP Business.

Inter Segment Revenue.

NET SALES / INCOME FROM

OPERATIONS

Segnent Results ( Profit)(+) / LossO before

!8 ed interest from each segnent ).

Profit/Loss before

tu

and Interest
8.14

40.96

8.78

b) Bio Diesel Business

902.85

246.69

(65.6s)

274.35

(1,779.58

Trading & Others

388.82

(17.13)

149.95

67.96

527.02

a) ISP Business

c)

TOT,AL

LESS:(i)Interest.
( ii ) Other Un-allocable Expenditure
net off
( iii ) Other Un-allocable Income.
TOTAL PROFIT BEFORE TAX

6.45

22. 58

1,298.12

252.14

92-44

3a3.27

0,243.74

88.34

72.O4

267.57

1,023.16

1,971.44

7,209.78

180.06

(17s.13

(639.89

(3,21s.22

Gapital Employed
( Segment msets - Segment Liabilities )
a) ISP Business

b) Bio Diesel Business

c) Uco trading

833.03

850.92

850.i6

833.03

15,542.86

13,294.s0

16,352.67

t5,542.116

16,352.67

1,05178

1,455.17

1,392.71

1,055.78

1,392.71

17,449.56

15,s99.83

18,578.41

17,449.56

18,578.41

8s0.92

d) Unallocated.

TOTAL

NOTES:
1

The above hnancial results have been reviewed by the Audit Committee and approved by t]le Board of Directors at their meeting held on

30.05.2016.
2.The Insurance receivable againest Hudhud Cyclone damages ale still Pending with Insurance company
3. Due

to Hudhud cyclone effect the Company's Biodieset unit at Visakhapamam has not been working from 1st April 2015 to 31st |anuary
offu 1493.18 Lakhs for ttre year and also reversed the depreciation

2016. The Company has capitalised Interest on term loan to the ertent
entry during the said period to the extent ofRs. 511.36 Lakhs.

4.On account ofcapitalization as discussed above the quaner ended results are not comparable with tlte previous quaner ended results..
5. Previous period figures have been regrouped, whereever aecessary, for the purpose ofcomparision

in consolidated revenue statements are similar to that ofthe standalone reyenue statement, as the subsidiary
compmy is not operative during the reported year . However in respect of the financial figures of stmdalone and consolidated are available
on the compmy web site and stock excchange ( BSE ) websites.

6. The above figures appearing

for Southen Online

Place:

Hyderabad.

Date:

30.05.2016,

A KRISHNA
& CFO

ffisnr
SOUTHERN ONLINE
BIO TECHNOLOGIES LTD
SOUTHERN ONLINE BIO TECHNOLOGIES LTD
Statemetrt of Assets and Liabilities.

( Rs. In Lacs)

Sanilalone
As at 31.03.201(

Particulffi

S.No

Consolidated

3r.03.2015

31.03.2016

31.03.2015

EqUITY AND LIABILITIES.

Share holders's Funds

(a)ShareCapital.
( b ) Reserues and surplus.
( c ) Money received agairot

s,899.33
(5,646.52

(s,14s.331

s,899.33

754.00

252.81

7s4.N

0.01

0.01

252.41

mo[ey penililg allotment

Minority Interest'

Non-cment liabilities
(a)

s,899.33
(s,14s.331

shre wmmts.

Sub-total - Share holder's firndr

2 Sbare application

5,899.33
(s,646.52'..

Long-tem bonowings.

t7,796.38

1.4,799.08

t7,796.38

14,813.45

1,762.41

s80.00

1,162.41

580.00

18,3s8.79

15,379.08

18,358.80

1s,393.,46

6,694.28

3,518.43

6,594.28

3,518.43

6,730.08

6,412.55

6,730.08

6,412.55

tu

( b ) Defened
liabilities (net )
( e ) Other Long-tem liabilities.
(d)

Iong-term provisiom.
Sub-total - Non

cuneil liabilities

5 Curreat liabilities
( a ) Short+em bonowirgs.
( b ) Trade payables .
( c ) Other

current liabilities.

( d ) Short-term proYisions.

Sub-total -

Cmmt liabilities

TOTAL - EqUITY AND UABILITIES

205.87

135.42

207.00

135.ss

13,630.23

10,166.40

13,631.36

10,167.53

32,24t.83

26,299.44

32,242.94

26,314.9

13,750.86

11,404.37

13,750.86

11,404.36

56.55

49.82

r.926.69

1,68s.98

ASSETS

Non Curreut Assets

(a)FixedAssets.
( b ) In Tangible *set
( c ) Non-cunent investments.

tx

( d ) Defened
assets (net )
( e ) Long-tem loans and advances.

non-cuent

34.32

t,926.69

1,685.98

200.44

200.44

784.24

992.54

784.24

992.s4

16,700.86

14,117.21

16,778.78

14,132.70

( b ) Inventories.

5,1.06.79

3,149.60

5,706.79

3,149.60

(c)TradeReceivables.

6,680.76

5,823.07

6,680.76

5,823.07

( f ) Other

assets

Sub-total - Notr cunent asset!

2

38.63

CMe[t

Assets

(a)Cuentlnvestments.

1s5.90

162.20

160.84

152.20

3,597.52

3,047.40

3,575.81

3,047.42

Sub-total - Curre[t asset!

15,5&.97

12,182.27

t5,524.20

12,t82.29

TOTAL-ASSEfi

32,24t.83

26,299.48

32,242.98

26,3t4.99

( d ) Cash and cash equivalents.

Short-tem loam and advmces.

( f ) Other cunent assqts
(e)

C&

P. MURALI & CO.,

CHARTEBED ACCOUNTANTS
6-3-655121 3, SOMAJ G UDA,
HYDERABAD - 5OO 082. INDIA
I

Tel.
Fax

E-mail

: (91-40) 2332 6666, 2331 2554

2339 3967, 2332 1470

: (91 -40) 2339 2474

pmurali.co@gmail.com
info@pmurali.com
Website : www.pmurali.com
:

Atrditor's Report on Otrarterly Consolidated Financial Resrrlts

and Consolidated Year to Date Financial Restrlts of Sorrthern
Online Bio Technolog:ies Lirnited pursuant to the Regulation 33 of
the SEBI (Listing Obligations and Disclosures Requirements)
Regulations.

2O1-5.

To
Board of Directors

Sotrthern Online Bio Technologies Lirnited.

We have audited the quarterly consolidated financial results of Southern Online Bio
Technologies Limited. (the company) and its subsidiaries (collectively referred to as
"The Group") f.or the quarter ended 31st March,201,6 and the consolidated year to
date results for the period from 01st April, 2015 to 31st Marctu 2016 attached
herewith, being submitted by the company pursuant to the requirement of
Regulation 33 of the SEBI (Listing Obligations and Disclosures Requirements)
Regulations,2015. The quarterly consolidated financial results and consolidated year
to date financial results have been prepared from consolidated interim financial
statements, which are the responsibility of the Company's management. Our
responsibilify is to express an opinion on the Consolidated financial results based on
our audit of such Consolidated interim financial statements, which have been
prepared in accordance with the recognition and measurement principles laid down
in Accounting Standard for Interim Financial Reporting (AS) 25, specified under
section 133 of the Companies Act, 2013 read with reverent rules issued thereunder
and other accounting principles generally accepted in India.

We conducted our audit in accordance with the auditing standards generally

accepted in India. Those standards require that we plan and perform the audit to
obtain reasonable assurance about whether the financial results are free of material
misstatement(s). An audit includes examining, on a test basis, evidence supporting
the amounts disclosed as financial results. An audit also includes assessing the
accounting principles used and significant estimates made by management. We
believe that our audit provides a reasonable basis for our opinion.
We did not audit the financial statement and firtancial information of one Subsidiary
Company which are included in the consolidated quarterly financial result and
cons6lidated year to date.result, whose consolidated interim financial statement
reflect total assets of Rs. 67,432/ - as at 31st March, 20'I,6 as well as the total revenue
was NIL as at 31st March, 201,6. These include Audited Interim financial statement
and other financial information has been audited by other Auditor whose report
have been furnished to us and our opinion on the quarterly financial result and the
year to date resulf to the 9
they have been derived from such interim financial
statement is based solel
of such other auditor.

P, MURALI & CO.,

CHARTERED ACCOUNTANTS

6-3.65S23, SOMAJ IGUDA,

HYDERABAD -

5OO

082. INDIA

Tel.
Fax

: (91-40) 2332 6666, 2331 2554

2339 3967,23321470
:(91-40) 2339 2474
E-mail . pmurali.co@gmail.com
info@pmurali.com
Website : www. pmurali.com

In our opinion and to the best of our information and according to the explanations
given to us these consolidated quarterly financial results as welf as the consolidated
year to date financial results:

1.

Include the quarterly and year to date financial results of the following entities;
(a) Southern Biofe Bio Fuels private Limited
(b) Marvel Bio Fuels,FZC

2-

have been presented in accordance with the requirements of Regulation 33 of

the SEBI(Listing Obligations and Disclosures Requirements) Regirlations,2015
in this regard; and

3. give a true and fair view of the consolidated net Loss and other

financial
information for the quarter ended 31st March 20'l.6,as well as the year to date
results for the period from 1't April 2015 to 31st March 201,6.

For P. Murali & Co.,

Chartered Accountants
Firm Registration No :

\1p"=

P. Murali Mohana

Partner

M.No. 023412
Place: Hyderabad
Date:30th May, 201,6.

6Hd

Tel.
Fax

P. MURALI & CO.,

2339 3967,23321470
(91-40) 2339 2474
E-mail : pmurali.co@gmail.com
info@pmurali.com
Website : www.pmurali.com

CHARTERED ACCOUNTANTS
6-3-65512/3, SOMAJ lGUDA,
HYDERABAD - 5OO 082. INDIA

cial

rt on

rsuan

: (91-a0) 2332 6666, 2331 2554

rl

outh

Restrlts and

Online Bio Tec

To
The Board of Directors,

Southern Online Bio Technologies Lirnited.

1. W" have audited the quarterly financial results of Southern Online
-M*;hli, 201.6 and,
B io Technol ogi es..Lt'rnitg d.' for the q uariei
t9 thg year to dite financiar resurts foi i6r"_u,
"naLa
urrd.a-M;*,ii g1,boi6
attacheid herewith, being submitted-bv -ii.,"'i
requirement
jttilg,'*T,Ej$.:J:r:fi

b-iffi .;;r;-"f;,kjE}ftf,T"Alril"il:,s',8,

liq?:1'JiE,I#'];"^,iiT:{:'t'efl ffi g"r'ii*tii,lilg"Lf *",8:;T--tE

manageme$ a4d have not been

r"ait"d by-il:-1h;qir-r.ti,.irlii#J"Jili

results are the- derived figures between the'audit"a iig="r""-i?rurr"ct of

the vear ended-March3tiz0t6 and u,," biitti"n"a'yir^r9t6:a"i" rigi"rE!'.iii
to December zL 201.1._!:,"g
ot
tn; a;;5ath;;;a'"i1h;iti.:i'quarter
the current financial year, "which
*"*
suUlect to limited review. The
financiat resutts for ihe quarter
"nd;d-M;;"i- ii-,- 2dlo'iiurr" been

siry#f":*,li:.'&'j"rs{d^.?:'aau,,:*ffi,*:r:l:*,f,i;,[*il.3i:%4

1nd f9r the year ended Mhrch

_31

,.2070,-iia tnu rerevant requirement of

,fL:"f :%1,F,*T';,?r.t{".i:t*fl:,#,?.".j?'r;:

n:a*r:'m;sio8f
uompanv's
manasement and have been approved'by the b"iia-"r
Direciord or tne co'mpinv. o; *rp;;iltltf5s t" expreds an
opinion on
these Financial results bhsed on our revier,v
u,rE Ii"l..iui"..r"rts for
the nine-month pg{ioq ended D.a"*b;r-gi', iots;hilh;;;'
"?

i" ;A;fi;;;;

ivitn th; ;A;s{ritigq

i,,"urrrement p.i^.Si:3i::$
down in Accounting.standa?d -raql ela
25, I"l".I*"Filil.Y;ii
ip".iii"a L'ilu, seiiion 133 -of the act, read with rule foSi'Tn%

-bsfi
Fi}?1,]x?4:,,",i$J-;*,Jiaf_*1-rti:.^,^a,:*rnltt#"+f.,1ffi5i$
requirement
Regrirgtiog 33 of tn"
9f
,
DiSclosureRequirerff""i;)R"g"f uti""r)zoi,El' G;i";"6uii'gltion and
2.

audit. in;ccordancg wjth the auditing standards

Y:^::19i"^l.d
,gyr.i.l
g::fj*1y,i:":l-t_,* tgie rhose standard" ,"qrrir;lh;i^;" plan and
perform
the audit to obtain reasonabre assu;;#;-;i""i *i5tr,er the
.
trnancial results are free of material misstatement. An audit includes
examiningt on
orr a test basis,
Das6, evrdence
evidence supporting
su
the amounts disclosed as
:a"rrTTg,results.
?
trnancial
An audit also inc-ludes a-ssessing the accounting
p:i,i:,Tl::,ir.-.-q-ii9 :is+ficant estimates made uy:rr,"r.,"g"*".t.'ia,rE
believe that our audit pr&
a reasonable basis for oirr opinion.

P. MURALI & CO.,

CHARTERED ACCOUNTANTS
6-3-655/2/3, SOMAJIGU DA,
HYDERABAD - 5OO OB2. INDIA

Tel.
Fax

: (91-a0) 2332 6666, 2331 2554

2339 3967, 23321470

(91-a0) 2339 2474
E-mail : pmurali.co@gmail.com
info@pmurali.com
Website : www. pmurali.com
:

3. In our opinion and to the best of our information and according to the
explanations given to us, these quarterly financial results as well as the
year to date financial results:

(r)

wi*r the requirements of and the relevant

of the SEBI (Listing Obligation and
Disclosure Requirements) Regulatio ns, 2015; and
give a true and fair view of the net Loss and other financial
information for the quarter ended March 3L,2016 as well as the year
to date results for the period from April 1,20'15 to March 31,201.,6.
are presented in accordance

requirement

(ii)

of

Regulation 33

4. Further, read with paragraph 1- above, \Me report that the figures for
the quarter ended Maich- 3L, 201.6 represdnt the derived fisures
between the audited fizures in respect^of the financial vear e"nded
March 31,,20'1,6 and the iublished yehr-to-date figures up t6 December
3'l', 201,5, being the date of the end of the third duarter'of the current
financial year,-which were subiected to a limited'review as stated in
paragraph 1 above, as required under Requlation 33 of the SEBI
(Listing Obli gation and D iscfosure Requiremehts) Re gulatio ns, 2015.

5. further, read w_ith paragraph L above, we also report that we have, on

the basis of the books of-accbunt and other records^ and information and
given to us by the management, also verified the number
explanations
-shares
of
as viell as perceniage of shar"eholdines in respect of asqresate
amount of public sh^areholdiigs, as furnishedbv the cbmpanvfi teYms
of clause 35of the Listing Agrdement and found the same to b6 correct.

For P. Murali & Co.,

Chartered Accountants
Firm's Registration numbeq

t
P.

fi6->-*

Murali Mohana Rao

Partner
M.No.023412
Plage: Hyderabad
Date:30th May, 20'1,6.

ffie