PREMIER PIPES LIMITED

Regd. Off :- Som Biz-Ness Xqure, 4th Floor, 1- The Mall, Kanpur- 208001

Unaudited Financial Results for the Quarter and Half Year Ended 30th September, 2013
Part- I

(Rs. In Lacs)

Sl.
No
.

Quarter Ended
Unaudited

Particulars
30.09.2013

30.06.2013

Year Ended
Audited

Half Year Ended

Unaudited
30.09.2012

30.09.2013

30.09.2012

31.03.2013

1 Income from operations

618.11

771.91

711.2

1390.02

1126.97

618.11

771.91

711.2

1390.02

1126.97

2964.28

2 Expenditure
a. Cost of materials consumed

535.55

696.61

544.11

1232.16

836.61

2362.29

b. Purchases of Stock- in-trade

0.00

0.00

0.00

181.19

18.48

(0.66)

52.63

9.87

10.29

11.26

20.16

21.38

e. Depreciation and amortisation expense

11.30

11.30

10.90

22.60

21.8

45.61

f. Other expenses

18.01

24.70

64.26

42.71

94.71

214.87

593.21

742.24

683.16

24.90

29.67

28.04

54.57

48.27

43.49

0.19

5.26

0.03

5.45

0.05

98.44

25.09

34.93

28.07

14.56

25.87

16.75

10.53

9.06

11.32

(a) Net Sales/ Income from Operation (Net of Excise Duty)

(b) Other operating Income
Total Income from operations (Net)

c. Changes in inventories of finished goods

d. Employee benefits expense

h. Total expenses
3 Profit from operations before other income, finance cost and
Exceptional Items (1-2)
4 Other Income
5 Profit from ordinary activities before finance cost and exceptional
items
6 Finance cost
7 Profit from ordinary activities after finance cost but before
exceptional items
8 Exceptional Items
9 Profit (+)/ Loss(-) from Ordinary Activities before tax (7-8)
10 Tax expense
11 Net Profit (+)/ Loss(-) from Ordinary Activities after tax (9-10)

17.82

1335.45

60.02
40.43

104.2

1078.70

48.32
33.83

2964.28
-

74.54
42.29

2920.79

141.93
116.18

19.59

14.49

25.75

(0.82)
26.57

10.53

9.06

11.32

3.25

3.08

3.76

19.59
6.33

14.49
4.81

13.26

9.68

0.00

7.28

5.98

7.56

12 Extraordinary Item(net of tax expense Rs._____)

13 Net Profit (+)/ Loss(-) for the period

7.28

5.98

13.26

355.00

355.00

7.56
355.00

9.68
355.00

26.57
355.00

587.58

587.58

(11-12)

14 Paid-up equity share capital (Face Value Rs. 10/- each)

15 Reserve excluding Revaluation Reserves as per balance sheet of
previous accounting year
16 Earnings Per Share (before and after extraordinary items) (of Rs.
10/- each) (not annualised)

587.58

587.58

355.00
587.58

26.57

0.21

0.17

0.21

0.37

0.27

0.75

3142706

3142706

3142706

3142706

3142706

3142706

88.53%

88.53%

88.53%

88.53%

88.53%

88.53%

-No. of Shares
-Percentage of shares (as a % of the total shareholding of
promoter and promoter group)
-Percentage of shares (as a % of the total share capital of the
company)
b) Non-encumbered

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

Nil

-No. of Shares
-Percentage of shares (as a % of the total shareholding of
promoter and promoter group)
-Percentage of shares (as a % of the total share capital of the
company)

407294

407294

407294

407294

407294

407294

100.00%

100.00%

100.00%

100.00%

100.00%

100.00%

11.47%

11.47%

11.47%

11.47%

11.47%

11.47%

Part-II
PARTICULARS OF SHAREHOLDING
17 Public Shareholding
No. of Shares (Face Value of Rs. 10/- each)
Percentage of shareholding
18 Promoters and promoter group shareholding
a) Pledged/Encumbered

Particulars

Particulars

Quarter ended 30.09.2013

INVESTOR COMPLAINTS

Pending at the beginning of the quarter

Received during the quarter
Disposed of during the quarter
Remaining Unresolved at the end of the quarter

NIL
NIL
NIL
NIL

Notes:1) The above financial results have been reviewed by the Audit Committee and thereafter were approved by the Board of Directors in their meeting
held on 14th November, 2013.
2) As the company operates only in one segment i.e. manufacturing of steel pipes and tubes therefore Segment Reporting is not required.
3) Figures have been regrouped or re-arranged, wherever necessary.

For PREMIER PIPES LIMITED

Sd/Place:-

Kanpur

Date:- 14th November 2013

(Ajay Kumar Jain)

Managing Director

5)

STATEMENT OF ASSETS AND LIABILITIES

(Rs. In Lacs)
As at 31.03.2013

As at 30.09.2013

PARTICULARS

UNAUDITED

Equity and Liabilities

Shareholder's Funds
Share Capital
Reserves and Surplus

AUDITED

Sub Total Shareholder's Funds

355.00
693.07
1,048.07

355.00
679.81
1,034.81

Sub-Total Non-Current Liabilities

515.21
7.98
43.52
566.71

515.21
7.98
44.66
567.85

Sub-Total Current Liabilities

TOTAL LIABILITIES

456.32
242.44
30.19
728.95
2,343.73

484.44
240.18
31.84
756.46
2359.12

Sub-Total Non-Current Assets

456.36
0
0
172.14
1.04
195.37
824.91

478.97
0
0
171.7
1.04
191.26
842.97

Sub-Total Current Assets

TOTAL ASSETS

0
200.94
622.84
36.69
653.22
5.13
1518.82
2343.73

227.35
559.94
75.27
646.99
6.6
1516.15
2359.12

Non - Current Liabilities

Long -Term Borrowings
Deffered Tax Liabilities (NET)
Other Long- Term Liabilities

Current Liabilities
Short-Term Borrowings
Trade Payables
Short-Term Provisions

ASSETS
Non- Current Assets
Fixed Assets
Tangible Assets
Intangible Assets
Capital Work in Progress
Long Term loans and advances
Non- Current Investments
Other Non Current Assets

Current Assets
Current Investments
Inventories
Trade Receivables
Cash and Bank balances
Short-term loans and advances
Other Current Assets

For PREMIER PIPES LIMITED

Sd/Place: Kanpur

(Ajay Kumar Jain)

Date: 14th November 2013

Managing Director

Limited Review Report

We have reviewed the accompanying statement of Unaudited Financial Results of M/s Premier
Pipes Limited, Som Biz- Ness Xqure, 4th Floor, 1, The Mall, Kanpur for the quarter ended
30th September, 2013 except for the disclosures regarding Public Shareholding and Promoter
and Promoter Group Shareholding which have been traced from disclosures made by the
management and have not been audited by us. This statement is the responsibility of the
Company's Management and has been approved by the Board of Directors / Committee of Board
of Directors. Our responsibility is to issue a report on these financial statements based on our
review.
We conducted our review in accordance with the Standard on Review Engagement (SRE) 2400,
engagements to Review Financial Statements issued by the Institute of Chartered Accountants of
India. This standard requires that we plan and perform the review to obtain moderate assurance
as to whether the financial statements are free of material misstatements. A review is limited
primarily to inquiries of company personnel and analytical procedures applied to financial data
and thus provide less assurance than as audit. We have not performed an audit and accordingly,
we do not express an audit opinion.
Based on our review conducted as above, nothing has come to our notice that causes us to
believe that the accompanying statement of unaudited financial results prepared in accordance
with the applicable Accounting Standards and other recognized accounting practices and policies
has not disclosed the information required to be disclosed in term of Clause 41 of the Listing
Agreement including the manner in which it is to be disclosed, or that it contains any material
misstatement.
Place:- Kanpur
Date:- 14th November, 2013