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Ref: MRT/CS/Correspondence/20 16-17 /39

I pRectsroN

RUBBER pARTs

Date: November 14,2016

To,
BSE

Limited.

Phirose f eej eebhoy Towers

Dalal Street
Mumbai - 400 001
SUB: Outcome of

the Board Meeting

SCRIPT CODE: 51,1450

Dear Sir,
Please take a note that the meeting of Board of Directors of the company held on November

14,20L6 at 5.30 p.m. at the administrative office of the Company, and concluded at 7.20
p.m., Interalia has transacted the following business:
(1J

The Board has considered and approved the unaudited financial results for the
Quarter ended 30tr September,20t6

[2J The Board has discussed and appraised business

activities of the Company.

Please take the same on record and oblige.

Thankingyou,
Yours faithfully,

For Mahalaxmi Rubtech Limited

Shailesh Koshti
(Company Secretary)
Encl.:

t.
2.

Unaudited financial results for the quarter ended on September 30, 20L6.
Limited review report for the quarter ended on Septemb er 30,2016.

CORPORATE OFFICE:

WORKS:

YSL AVENUE, OPP KETAV PETROL PUME

UMA INDUSTRIAL ESTATE, PHASE lll, VILLAGE: VASNA-IYAVA,

TALUKA: SANAND, DISTRICT; AHMEDABAD - 382 170, lNDlA.
TELEPHONE: 027 | 7 -284309, 2843 I
FAX: 027 | 7 -284 | 52

POLYTECHN IC ROAD, AMBAWADI,

AHMEDABAD - 380 O I5, INDIA.
TELEPHONE: +91-79-40008000 FAX: +91-79-40008030

E-MAIL:

mrt@mrtglobal.com

WEBSITE;

www.mrtglobal.com

REGD. OFFICE:
47. NEW CLOTH MARKET
AHMEDABAD - 380 OO2, INDIA.
TELEPHONE: + 9 l -79 -221 607 7 6
CIN N0. : 1251 90cJ1 991 PLC01 6327

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pnectstott

RUBBER PARTS

MAHALAXMI RUBTECH LTD

Regd. Offrce: 47, New Cloth Marketo Ahmedabad 380002.

cIN NO. L25 190GJ19 9tPLCOl6327

T]NAUDITED FINANCIAL RESULTS FOR THE HALF YEAR ENDED SEPTEMBER 30.2016
for Share Data

Quarter
Sr
No

ended

Particulars

30/09/2016

30106/2016

QUarter ended
30/09/2015

(Unaudited)

(Unaudited)

{Unaudited)

lncome ftom operations (Net ofexcise duty)

30/09/2016

30/09/2015

(Unaudited)

{Unaudited}

4539.51

39,60

Total Income from operations (net)

5442.96

4579.11

4390.4C

10022.07

Cost of Material Consumed

3599.77

2693.57

2450.48

6293.34

9935.27

4390.4C

Year ended

ended

3r/03/2016

(Audited )
16708.36

8532.51

86.80

165.85

16874.21

4679.78

9063.58

(133.1 1)

8532.s

in

& Stock in trade

(20e.87)

57.81

26.07

(1s2.06)

3.80

Employee benefits expense

248.88

220.73

206.90

469.61

378.5i

822.52

Depreciation and amortisation expense

197.56

195.55

172.48

393.11

341.81

738.3r

Progress

Other exoenses

Total Exoenditure
3 Profit from Operation before other Income, finanee
costs and exceptional ltems(1-2)

14t1.64

t213.14

1361.53

2624.78

27s2.73

5782.06

5247.98

4380.80

4217.4(

9628.78

156.69

toz I J-5(

194.98

1983r

L72.94

393.29

375.82

600.85

1A<

0.46

40.9i

7.91

58.0t

6',1.23

202.43

198.71

213.91

401.20

433.9{

66E.08

23.93

48.0t

45.11

72.01

116.3

196,4(

178.50

1s0.69

168.79

329.r9

317.61

471.62

178.5{

1s0.69

t68.79

329.t9

317.61

471.62

60.53

48.95

82.1 5

109.48

102.7:

163.59

117.97

t0t.74

86.64

219.71

214.8t

308.03

4 Other income

Profit from ordinary activities before finance costs and

Exceptional Items ( 3+4)

6 Finance costs

Half Year

47.24

Purchase ofstock -in - trade

Changes in inventories of Finished Goods, Work

Half Year
ended

s395.76

Other Operating Income

Corresponding

Quarter
ended

Profit from ordinary activities after finance costs but

before exceptional Items (5-6)

8 Exceotional Items

Profit from Ordinarv Activities before tax(7-8)

10 Tax ExDenses ( Refer Note No. 7 )

11

Net Profit from Ordinary Activities after tax(9-10)

12 Extraordinary Item ( Net

oftax expenses Rs. )

Prolit for the oeriod ( ll-l2l

117.97

101.74

86.64

219.71

214.8t

308.0:

l4 lhare of nrofit/ (loss) of associates

0.0(

0.00

0.0(

0.00

0.00

0.0(

15 \4inority lnterest

0.0(

0.00

0.0(

0.00

0.0(

0.0(

ll7.9i

r01.74

86.64

219.71

214.8t

308.0:

882.03

882.03

882. 0:

882.03

882 .03

13 Net

t6 \et Prolit lbr the period alter taxes, Minority lnterest

rnd share ofprofiV(loss)

l7

ofassociates

?aid up Equity share Capital (face value

( 13+14+15)

ofRs. I 0 each)

882.03
4202.76

18 leserve excluding revaluation reserve

t9 Sasic EPS (Rs.)

1.34

1.15

1.0(

2.49

2.44

3.49

)iluted EPS (Rs.)

1.34

1.

r5

1.0(

2.49

2.44

3.49

Notes :

1 The above

2
3

results were reviewed by the Audit Committee and were approved & taken on record by the Board of Directors at their meeting held on
14th November,2016.
The Auditors of the company have carried out the limited review of financial results for the quarter ended 30th September, 2016.

The Company is working in two segments namely Rubber / Technical Textiles and Textiles. The segment information is given in the annexure
attached here to.

4 Tax expense includes provision for current tax and deferred

5 Previous Yea/s / Quarter's figures have been regrouped /

tax.
wherever neessary.

For MAHALAXMI RUBTECH LTD.

,\

-f:-r3

-t\------
JEETMAL B. PAREKH

Dated : November 14.2016.

CIIAIRIT{AN

Place : Ahmedabad.
,t^-\

DrN NO.00512415

"\) t

CORPORATE OFFICE:

WORKS:

YSL AVENUE, OPP KETAV PETROL PUME

UMA INDUSTRIAL ESTATE, PHASE lll, VILLAGE: VASNA-IYAVF.,

TALUKA: SANAND, DISTRICT: AHMEDABAD - 382 170, lNDlA.
FAX: 027 | 7 -284 | 52
TELEPHONE: 027 | 7 -284309. 2843 |

POLYTECHNIC ROAD, AMBAWADI,

AHMEDABAD - 380 OI5, INDIA.
TELEPHONE: +91-79-40008000 FAX: +91-79-40008030

E-MAI L:

mrt@ mrtglobal.com

WEBSITE;

www.mrtglobal.com

REGD. OFFICE:
47. NEW CLOTH MARKET.
AHMEDABAD - 380 OO2, INDIA
TELEPHONE: +9 | -79 -221 6077 6
CIN NO.

1251 90GJ1 991 PLC91 6327

lrYlrilr
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CISION RUBBER

PARTS

In
Sr.
No

Particulars

Quarter ended

Quarter ended

30/09/20r6

30t06/2016

(Unaudited)

(Unaudited)

Half Yt ]f

Conesponding

Half Year

Quarter ended

endec

ended

30/09/2015

30t09/2( l6
(Unaudil :d)

30t09/20t5

(Unaudited)

(Unaudited)

Year ended
3r/0312016
(Audited )

Segment Revenue

A. Rubber / Technical Textiles

B. Textile

526.65

261.25

252.87

78 7.90

549.24

1,078.8(

5,03 1.56

4,368.73

4,1 83.1 6

9,4C 0.29

8079.66

15,970.7C

8628.90

17049.5(

C. Unallocated
Total

5558.21

Less: Inter segnental reyenue

Net Sales / Income from operations

4629.98

4436.03

1018 8.19

115.25

50.87

45.63

16( ;.12

96.39

5442.96

4579.11

4390.40

10024.01

8532.51

16874.2r

r75.34

Seement Results {Profit (+)/Loss (-)

before tax and Interestl

A. Rubber / Technical Textiles

28.98

(4e.56)

(35.90)

(132.4r)

163.56

2r5.00

234.69

Q( ).58)
JI 8.56

(73.8e)

B. Textile

461.94

766.66

Total

t92.54

165.M

r98.79

J] 7.98

388.05

634.25

17.87

34.92

42.60

5 2.79

94.73

170.22

(3.83)

Q0.r7\

(t2.61)

(2, f.00)

04.30\

0.64\

178.50

150.69

168.79

329.lt

317.61

471.62

Less Interest

Other un-allocable expenditure net ofincome

Iotal Profit before Tax

Capital Emnloved
(Segment Assets-Segment Liabilities)

A. Rubber / Technical Textiles

B. Textile
C. Unallocable

TOTAL

888.42

807.04

747.33

898.4'

747.33

805.63

4s02.23

4441.35

4288.63

454t2.24

4288.63

4280.64

(86.1 6)

(6 1.85)

(45.68)

(8f.16'

(45.68)

(1.48)

5304.49

s186.54

4990.28

s3q4.4J

4990.28

5084.79

Fot MATIALAXMI RUBTECH LTD.

Dated : November 14.20L6.

JEETMAL B. PAREKH

CHAIRMAN

Place : Ahmedabad.

DIN NO.00s12415

CORPORATE OFFICE:

WORKS:

YSL AVENUE, OPP KETAV PETROL PUMB

UMA INDUSTRIAL ESTATE, PHASE lll, VILLAGE: VASNA-IYAVA,

TALUKA: SANAND, DISTRICT: AHMEDABAD - 382 170, lNDlA.
FAX: 027 | 7 -294 | 52
TELEPHONE: 027 | 7 -284309, 2843 |

POLYTECHNIC ROAD, AMBAWADI,

AHMEDABAD . 380 O I 5, INDIA.
TELEPHONE: +91-79-40008000 FAX: +91-79-40008030

E-MAIL:

mrt@mrtglobal.com

WEBSITE:

www.mrtglobal.com

REGD. OFFICE:
47. NEW CLOTH MARKEI
AHMEDABAD - 380 OO2. INDIA.
TELEPHONE: +9 | -79 -271 6077 6
CIN NO. : 1251 90GJ1 99'1 P1C016327

t\Y

t:*

r
CISION RUBBER

PARTS

MAHALAXMI RTJBTECB LIMITEI)

STATEMENT OF ASSETS AND LIABILITM,S FOR THE HALF YEAR ENDED SEPTEM rER 30.2016
(Rs. In Lacs'

At Sept.
30,2016

As

Particulars

At March
31,2016

As

EQUITYAND LIABILITIES
I Shareholders' funds
(a) Share Capital
@) Reserves and Surplus

882.03

882.03

4422.46

4202.7(

5304.49

5084.79

2657.75

2447.77

390.62

425.61

(c) Money received against share warants

Sub-total-Shareholders' funds
z Share application money pending allotment
3

Minority interest

Non-current liabities
(a) Long-term borrowings

(b) Defened tax liabilities (net)

(c) Other long-term liabilities

0.00

0.00

80.83

80.83

3129.2(

2954.2t

(d) Long-term provisions

Sub-total-Non-current liabilities
f,

Current liabilities
(a) Short-term borrowings

r765.68

1373.75

(b) Trade payables

3387.00

3270.13

(c) Other cunent liabilities

692.21

818.50

(d) short-term provisions

144.47

149.09

Sub-total- Current liabilities

5989.3(

5611.48

TOTALEQUITY AND LIABILITIES

14423.05

t3650.47

6407.65

6401.52

70.40

75.25

4.47

4.4',1

I1.70

r05.24

B ASSETS

I Non-current

assets

(a) Tangible assets

(a) Intangible assets

(b) Goodwill on consolidation

(c) Non-cunent investments

(d) Deferred tax assets (net)

(e) Long-term loans and advances

(f)

Other non-curmet assets

18.00

16.28

Subtotal-Non-current assets

6610.s(

6604.49

(b) Inventories

2984.06

2531.68

(c) Trade receivables

3444.98

3053.77

(d) Cash and cash equivalents

937.96

927.39

(e) Short-term loans and advances

258.08

287.49

(f) Other cufient

187.47

245.65

7812.55

7045.98

L4423.01

13650.4'

Current assets
(a) Cunent investments

assests

Sub-total- Current

assets

TOTAI-ASSETS

MAHALAXMIRUBTECH LTD.
0

+---D A_l\---e
JEETMALB.PAREKH
CIIAIRMAN

Dated : November 14,2016.

DIN NO. 00512415

Place : Ahmedabad.
'.,
'\i:q

coRPoRATE

oFFICE:

PUMB
POLYTECHNIC ROAD, AMBAWADI,
AHMEDABAD-'3800t5.tNDtA.

YSL AVENUE, OPP KETAV PETROL

TELEPHONE: +91-79-40008000 FAX:

---d/-rr

Jt

woRKs
UMA INI )USTRIAL ESTATE, PHASE lll, VILLAGE: VASNA-IYAVA'
TALUKA : SANAND, DISTRICT AHMEDABAD - 382 170, lNDlA.
FAX: 027 7-284 52
TELEPH 3NE: 027 1 7-284309. 2843

+91-79-40008030 E-MAIL: mrt@mnglobal.com

WEBSITE:

www.mrtglobal.com

iGD. OFFICE:
. NEW CLOTH MARKET.
IMEDABAD. 380 OO2, INDIA.
:LEPHONE: +
N NO.

9 l -79 -22 | 607 7 6

125190GJ1991PLC01 6327

302, Kaling Complex, Near Mt. Carmel School, Ashram Road, Ahmedabad - 9.
Phone: 079 - 26583107, 40060308 E-mail: ca.bmjco@gmail.com
Branch: 201, Sunder Park, Plot No. 95, Sector-g, Tagore Road, Gandhidham.
Phone: 02836 - 228236

Bhanwar Jain & Co.

CHARTERED ACCOUNTANTS

Review Report to,

The Boqrd of Directors,

Moholoxmi Rubtech [td.

42, New Cloth Morket,
Ahmedobod
We hove reviewed the occomoonying stotemeni of unoudited finc)ncioi resulis
of Mqholoxmi Rubtech Limiied for the period ond quorter ended 30rn September,
2016. This stotement is the responsibility of the Compony's Monogement ond hos
been opproved by the Boord of Directors. Our responsibility is to issuer o report on
these finonciol siotements bosed on our review.

We conducted our review in occordonce with the Stondord on Review

Engogement

(SRE) 2400,

Engogemenls fo Review Finqnciolstotements issued by

ihe Institute of Choriered Accountonts of Indio. This stondord requires ihoi we

plon ond perform the review to obtoin moderote ossuronce os to whether the
finonciol stoiements ore free of moteriol missfotement. A review is limited

primorily to inquiries of compony personnel qnd onolyticol procedures opplied to

finonciol doto ond thus provides less ossuronce thon on oudit. We hove not
performed on oudit qnd occordingly, we do not express on oudil oplnion.
Bosed on our review conducted os obove, nothing hos come to qur otiention

thqt couses us to believe ihot the occomponying stotement of unoudited

finonciol resulis prepored in occordonce with opplicoble occouniing stondords
ond oiher recognized occounting proctices ond policies hos nol disclosed the
informotion required to be disclosed in terms of Regulction 33 of the SEBI (Listing
Obligoiions ond Disclosure Requiremenis) Reguloiions, 2015 including the
monner in which it is to be disclosed, or thot ii contoins ony moteriol
misstotement.

For BHANWAR JAIN,& CO.

Chqrtered Accounfqnts
Firm Registrqtion No.: 117340W

PIoce: Ahmedobod
Dote: November 14, 2016
(B.M.JArN)
Pqrtner

M. No.34?43