'F# SUPREME PETROCHEM LTD - Moneycontrol.com
'F# SUPREME PETROCHEM LTD - Moneycontrol.com
'F# SUPREME PETROCHEM LTD - Moneycontrol.com
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I<br />
1 <strong>'F#</strong><br />
i . January<br />
<strong>SUPREME</strong> <strong>PETROCHEM</strong> <strong>LTD</strong><br />
ple<br />
& »PL 1)<br />
Ref: CF/VCS/86/AGM_3/2012-2013<br />
Corporate Office :<br />
Solltalro Corporato Park, Building No. 11, 5th Floor, 167, Gunl Hargovindji Marg,<br />
Andhorl-Ghatkopor Link Road, Chakala, Andherl (E), Mumbal-400 093. INDIA<br />
I ; 91·224709 1900 • Website WWW.supremepetrochem.<strong>com</strong><br />
21, 2013 I<br />
National Stock Exchange of India Ltd.<br />
Exchange Plaza,<br />
Bandra Kurla Complex,<br />
Bandra (E),<br />
MUMBAI - 400 051 1<br />
Dear Sir,<br />
In accordance with the provisions of Clause 41 of the Listing Agreement, we enclose<br />
Limited Review Report of the Auditors for the quarter ended<br />
December 31, 2012 alongwlth copy of the result.<br />
The results were taken on record by the Board of Directors of the Company at its<br />
meeting held on Monday, January 21, 2013 at Solltalre Corporate Park, Building No. 11,<br />
5th Floor, Andherl-Ghatkopar Link Road, Chakala, Andheri (East), Mumbai - 400 093.<br />
ThankIng you<br />
Yours falthfully,<br />
for <strong>SUPREME</strong> PETRO HEM <strong>LTD</strong><br />
'&6*'Rt-<br />
RAVI V KUDDYAD'ru<br />
DY. COMPANY SECRETARY<br />
Ul r m/lhlrid/AdM-S,cloa<br />
.....<br />
--2 , v *yl Ragd Oflice. 812 Ral:010 Chombom Narlmon Point Mur bal „ 400 021<br />
,<br />
Fow·Morketing 6709 1926 • FOM /tout, & Docremriol 41005 5681 Export 0/09 1924 1.9tE 4,<br />
38,r- Fox.CMS 67001928 COMM 40056682 HRI) ADMIN 400551}85<br />
mat;::J;lt»189,'tl- 9:Ajol ,2],t'„,2D ,1'F., ita EM abbd #77h ;A,;51<br />
T.d JeRJes *93:01 T895 500t 22 T6 17 W3HDO&13d 3W32dnS:WOJJ 20:LT £T02-Ner-T2<br />
I<br />
1<br />
1
PaRI<br />
1 1,toomil,om Op•,111*M<br />
<strong>SUPREME</strong> <strong>PETROCHEM</strong> <strong>LTD</strong><br />
Unaudlted Financial Results fortho Quarter/ Balf Year Enced Do<strong>com</strong>ber 31, 2012<br />
PaMIotli r<br />
(Fl.for Noto• 0•low)<br />
fl' 4<br />
Ch<br />
& SPL ,)<br />
N IM Ies '*000 FT •haM da'<br />
d Monthi Krocealng 4 Corre.pgr,dIng Y,Ir*, dis= Y-r b *p Apomindng<br />
Inele erl Months inded 3 Monthl flgurei Igr till lIguM Iorthe r indld on<br />
31"'-2 -"-201' 5 3;S gu n od ' 362 """12 1<br />
Uniudlled Unalalted Unlualloct Unaudlt,d UniudltN Audlt.d<br />
fil Net 8,180/Introma from dix,mtion,(Net of exc1114 duly} 78855.72 81375.01 49148.28 140230 73 103225.le 224925.20<br />
(b) 011,11, 01// Ing Ineomo Blpt70 478.00 828.05 1318.50 10]ag.Ag 2341.90<br />
Total In<strong>com</strong>o fro,noper tle,Ii (1,•11 79"90.41 81803.81 49877,11 14104913 104314./8 22728117<br />
R EXPON'.<br />
(It) Coutor mw malarl ls coniumM 00062 27 G5512.60 30003.02 88874.87 .._B)179.75 139028.38<br />
bl PurchaRe 01 stoebln-11040<br />
r-'<br />
19803.50 20269,29 14991.37 40132.85 30182.96 80230.27<br />
(c) Chot,Ve, 1, Inymitelio# bl BilihBd goodo,twl*·Difmgmil And slock.In·trad[ 11,281.84) 287.88) 1,108.80 (1,549.BO). 1,291.28 2078.24<br />
(dl mployeo bol,8111• expenig 701.87 800,80 848,10 12903 .24 2100,10<br />
fol Depmolallon Ind emortl#,11181, 8*P -<br />
70097 678,38 022,64 1370.30 1043,63 2292.34<br />
4984.71 8479.03 8471.13 13325.09<br />
3814.32._ _ 2929.74<br />
M Qth#r *Ime.<br />
Ta.1 eipns,I 76011,74 00292,70 60154.ST 138304.dS 101888,N 210138.8*<br />
3 proilt/(Le..1 from Operittons boforo ether In<strong>com</strong>e,fln•I,c• eDit ind<br />
e,Coptlonal ti.mi (1,2)<br />
4 Othor In<strong>com</strong>e<br />
8 Pmfltl(Loss) trum ottll,lify ictlvltle, bolo,8 nninoi oost and exceptlonal<br />
Itimm (2*4) 810.02<br />
4883,88 1/1.02 (477.26) ou44.70 2424.79 7328.23<br />
128,34 84.38 147,08 210,72 229.Be 848.76<br />
/648.40 (339,21) 840"AI 2604.08 7970.9,<br />
8 FIrtuncO coilm Ind. Fore* loss on Foreign Guir'ilicy liolrowl,IMI) 789.40.-043(111_78010 -1439·91 1426.48 3199,28<br />
4 Proflti(les•) from ofdl,laty .cdvitlos Iflir Ii,•tic• co ts Dux D•mrs<br />
01[ceptlonall m• (84)<br />
* 8 Ejoaptional' temi<br />
9 pron,1(Lo:Is} fl, m arell,i ly activiti,0 bebi k, 17*81 4080.62 984.89<br />
4080.82 904.89 (1,099.41] -8010 M 122/.21 4777.71<br />
0,099,41)<br />
....<br />
8018.81 ing.22 4777,71<br />
10 4% expertli 1270.11 324.88 073,793 _ 1504,77 366.21 1440.25<br />
11 NIt Ploflt/ Less) tem ottllnary idlvitlillittor Tnli (9,10) 2700,81 640-23 (726.62) 3420.74 880.01 3 7,48<br />
12 Extlialtj n ly Item (not d imx IxpeM 0 I NII)<br />
Pllor P•dod A®ist,t,•nis (Nvt)<br />
8119111(0*Memm) Pruv 111011 01 tal„B for H111*r illari<br />
74,11<br />
0.14 0.22 D.09<br />
13 Not Pront/(Lo,*1 for Uwl perlod (11.121 9700 AO 840.23 (7= MI-:Mu,W ao'.r" #137,47<br />
14 P«111} iquity 111- coplit (face v lue : 1019 9088,08 0083.06 9083.86 9883.80 9683.80 983831.88<br />
10 808-• excudIng mvaluallen reserveo<br />
18 (11 EI Inos Pei Bllari 1 efor,1 littrierdll,ary 11-mil (of Iloi. i:-dh) (not<br />
annuills*)<br />
b..10<br />
DIluted<br />
2.87 0,138 {10.70)<br />
Cash %PS befoR extrnerdlnaly Itemo a BO 136 (0211-<br />
le {111 eirnings Pir Bhare (alt,Ir **t,Rordln,0 Itlml} (el flm, leah) (not<br />
annu811,41<br />
011810<br />
blluted<br />
Cish EPS amr Blttrsodhety Nomi<br />
--<br />
74.11<br />
191.00<br />
21148.30<br />
--.<br />
3,53 0.89 3.48<br />
2,BY 080 (0.78) 3,03 0.09 3.45<br />
4,98<br />
----- ------«irrT ·ri--•·<br />
1.97 5.81<br />
270 O.06 (0,75) 3.40 0.89 3,24<br />
2.79 0,66 (0,70) _<br />
3.40 0.00 3.24<br />
362 136 ---3,71 ) 4.08 1.97 5.01<br />
2'd 3@AJ@R X94:01 TOOC PRAL 33 TI 1 7 1171 lin\117 I 7, iMN ..A.„- ,<br />
i
L<br />
A<br />
part 11<br />
A Partlculars of Shireholding<br />
1 PUMia-Shamholding<br />
No, of ehare,<br />
<strong>SUPREME</strong> <strong>PETROCHEM</strong> <strong>LTD</strong><br />
Unaudited Financial Results for the Quarter/ Half Year Ended December 31, 2012<br />
% of mhareholdIAL-<br />
441<br />
& 'P, 1)<br />
14,<br />
3 Months Preceding 3 Cormsounding Year to date Year to d.ta Accounting<br />
onded on Months ended 3 Months flgurel for the figures for thi Yesr Indid<br />
Pattlaulara 31/1212012 on 30/09/2012 ended In the corrint period previous porlod on 30/08/2012<br />
Previous Year ended on ended on<br />
(Rwfir Notea Below) Unaudlted Unaudlted Unaudlted<br />
2 ' ' Promoten and Promotor Group Shareholdlng<br />
9 Pledged/Encumbered<br />
-.<br />
No, Of Shoren<br />
96 of shares (ae e % el the total eharoholding of<br />
Promoter und Promoter Group)<br />
% Of shires (le a % of the total sham Capital of<br />
the Company)<br />
b Non.encumbered<br />
No ofshmme<br />
% of,haroo (mi I % of the totml mhareholdlng of<br />
Promotor md Promotor Group)<br />
% of shares (98 a % of the totel share capital of<br />
__0031/1 011 31/121201L_31/lwoti<br />
Unaudlted Un0udlted Audited<br />
38126613 38126813 38128813 38128613 38120013 38126613<br />
39.37% 3-937% 39.37% 39.3796 39.37% 39.37%<br />
58712000 68712000 68712000 58712000 58712000 88712000<br />
100% 100% 100% 100% 100% 100%<br />
ha ompeny) 6063% 60.63% 60.63% 60 63% 80.03% 60.83%<br />
8 INVESTOR COMPLAINTS<br />
311Ionthl<br />
Partlcularo ended on<br />
-31/12/2012<br />
Pending at the beginning of the Quirter 0<br />
Recelvad duting lili qualter<br />
Olsposed off during the Qugrter 21<br />
Rmmaining unrosolved mt the Ind of the quarter 0<br />
c. a #- A,<br />
CA Y-Ya<br />
tti M' 1<br />
.# 0<br />
3<br />
i<br />
1<br />
t<br />
21<br />
11<br />
-<br />
I-- l1<br />
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1<br />
1 c)<br />
NOTES:<br />
1 STATEMENT OF ASSETS & LIABLITIES<br />
A EQUITY ANO LIABILITIES<br />
1 Shamholders'Funds<br />
8 Spre Capltal<br />
W Resem.1 & Sum us<br />
0 Honey received agplnst shate warrants<br />
Perticulars<br />
'')<br />
& SPL 1)<br />
Ve<br />
M I.CS)<br />
unaudlted- Audited<br />
H.lf Ylar Year<br />
Ended Ended<br />
31/12/2012 30/06/2012<br />
I d:lglldd I:T;< lar;!<br />
24492.98 IBI:1<br />
SGb·tainharcho gers' Funcs 34176,84-30830,24<br />
2 Non·current 1.lablltles<br />
-_taj_Long.term Borrow rios<br />
[b) D-dferred Tex 1,»IlltlemINe _<br />
(el other long·term Liablli ies<br />
._(d) Lona-term Provls ons<br />
6989.04 9408.57<br />
4573,87 Il£#751811<br />
Y09.87 98,87<br />
--Ta4.86 163.51<br />
su64661-- Th:current .labl top 11857,64 --14086.54<br />
3 Current Llabll ties<br />
[a) Shol:term Barrov,1.10,1<br />
(b) Trace payab es 62696.83 50772.48<br />
10 Other Current L ab ties<br />
(d) SH ort-term Provisions<br />
1081.20<br />
=<br />
- Current Clabllitles 70465.37 I-yf%-311<br />
8 ASSETS<br />
1 Non-currents Asseta<br />
6887.34 I....frin-rii<br />
TOTAL- EqUITY*FO71*bILl¥189 116499.85 104842.13<br />
M Fixed Assets 3986# 58 40038.16<br />
995,56<br />
b) Lona·term -oans & Advancen<br />
1151,66<br />
Other Non-current Assets miNT,1 610.71<br />
subbotelrNon·cur,ent Assets 41393.74 3160535<br />
2 Current Assets<br />
.al Current nvestment,<br />
b) Inventor es<br />
31512,60 IIIIEGMIL W<br />
30991/9 24328.92<br />
el Tmde Rece vables<br />
m cash & ci,si-Equ vBle ts -<br />
4161,19<br />
e) Sfort·term Loans & Advances 8099.68 8325,46<br />
4 Otler Current Assets 341.35 344.64<br />
SUbkeaF;-Current A ts 75106.11 63041.60<br />
'1= S<br />
lif,<br />
CW MU 6-*31<br />
"r- 3-49<br />
E. 9<br />
116499.85 10£1F,i3<br />
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-
44<br />
(l „, 1)<br />
.b<br />
2 The trend of Increasing Styrene Monomer (Raw Materlal) prices during the half year under review although resulting In better Mles revenue<br />
haS allo put tho Domqstic Polystyrene (PS) market growth under prepure leadIng to flat PS demand as <strong>com</strong>pared to the corresponding six<br />
months In the previous year,<br />
3 The second phase of debottlenecklng of the Polystyrene (PS) plant to Increase the proportion of value added PS grades by another10,000 TPA<br />
(40,000 TPA Increase achieved In the first phase In August, 2012) has for the time being been deferred.<br />
4 Styrenks 19 the primary business segment of the Company. The socondaly segment (Geographical) IS as under:<br />
(P lacs)<br />
3 Months Preceding 3 Corrosponding Year to date Year to datD Accounting<br />
erded on Months ended 3 Months flgural for thl flgurll for the Year ended On<br />
Partlculam 31/12/2012 on 30/00/2012 endid In the currerit period DIvIous 30/06/2012<br />
Previous Year inded on period ended<br />
on 31/1212011 11/12/2012 on 31/12/2011<br />
Unaudited Unaualtod Uoludltud Unaudltod Uniudned Audltid<br />
(a) Net Slles/InGome from Operations :<br />
Within India 57020.74 52110,51 37636,63 109131.25 80393,16 180906.19<br />
Outside India 22674.68 9743.30 12040.48 32417.98 23921.52 46281.03<br />
79695.42 61853.81 49677,11 141549,23 104314.68 227267.22<br />
(b) All the Assets of the <strong>com</strong>pany are within India 6012,41 2777,79 3037,49 6012,41 3037,49 3727,44<br />
except these Debtors<br />
5 Tax expended Inelude Cuttent taxand defetted tax .<br />
6 Figures of the previous year/period/quarter are regrouped where necessory,<br />
7 The Audit Committee has reviewed the above regults, whkh have been subjected to a Limited Review by the Statutory Auditorj.<br />
8 This statement was taken on record by the Board of Directors at the meeting held on January 21, 2013.<br />
Place: Mumbal<br />
Date: j.nuiry 21, 2013<br />
40Ih .<br />
/F'/A 33,1<br />
01(9101,13)<br />
Ploose visit us at httpt//www.supremepetroChem.<strong>com</strong><br />
For <strong>SUPREME</strong> <strong>PETROCHEM</strong> <strong>LTD</strong><br />
N.1 .121' 'L<br />
CHAIRMAN<br />
g.d 3@AJ@S X93:01 I89S S00h 22 I6 17 W3HD0M13d 3W3MdnS:W0 J3 £0:1I £I02-N8f-I2<br />
I
m<br />
)<br />
11<br />
PARIKH & SHAH (REGD·)<br />
f 2363 02 69<br />
Phonos . < 2363 23 74<br />
CHARTERED ACCOUNTANTS l 2361 8373<br />
H. S. PARKH, B.Com,,F.C,A.<br />
Fax : 91-22-2361 84 72<br />
E-mail . parlkhnshall@gmail.Com<br />
Bhupati Chambers, 1 st Floor,<br />
0.8, MOHINI, B,Com.,F.C.A. 13, Mathew Fload,<br />
V. M. PARIKH, B.Com,F.C.A. Opera House,<br />
H. K. DESAI, 8.Com.,F.C.A. MUMBAI . 400 004.<br />
To,<br />
The Board of Directors,<br />
Supreme Petroohem Ltd,<br />
MUMBAI - 400 021<br />
We have reviewed the ac<strong>com</strong>panying statement of unaudlted financial results of Supreme<br />
Petrochem Ltd for the period ended December 31, 2012 except for the disclosures<br />
regarding 'Public Shareholding' and 'Promoter and Promoter Group Shareholding' which<br />
have been traced from disclosures made by the Management and have not been audited<br />
by us, This statement is the responsibility of the Company's Management and has been<br />
dipproved by the Board of Directors. Our responsibility is to issue a report on these<br />
fin ncial statements based on our review.<br />
We conducted our review in accordance with the Standard on Review Engagement (SRE)<br />
2400, Engagements to Rev/ew Financial Statements issued by the Institute of Charlered<br />
Accountants of India. This standard requires that we plan and perform the review to<br />
obtain moderate assurance as to whether the financial statements are free of material<br />
misstatement. A review is limited primarily to inquiries of Company personnel and<br />
analytical procedures applied to financial data and thus provides less assurance than an<br />
audit. We have not performed aM audit and accordingly, we do not express an audit<br />
opinion.<br />
Based on our review conducted am above, nothing has <strong>com</strong>e to our attention that causes<br />
us to believe that the ac<strong>com</strong>panying statement of unaudited financial results prepared in<br />
accordance with applicable accounting standards and other recognised accounting<br />
practices and policies has not disclosed the information required to be disclosed In terms<br />
of clause 41 of the Listing Agreement Including the manner in which it is to be disclosed or<br />
thal it contains any material misstatement.<br />
Date January 21, 2013<br />
Place: Mumbai<br />
e (V.<br />
For PARIKH & SHAH<br />
CHARTERED ACCOUNTANTS<br />
Firm Registration No.107528W<br />
M. PARIKH)<br />
PARTNER<br />
MEMBERSHIP NO. 7878<br />
I n A I jp y 10 1 • n I Toor rmak. 33 TC 1 3 1.131-17n>11 ),A 21.,1»1.413g : Wo J -4 .C'13 :) T ZIB2-Nt3/- I2<br />
/