CAMOTII.Ai.

JAIN

MOTlLAL & ASSOCIATES

B.Cdm., F.C.A. A.C.S.

CHARTERED

ACCOUNTANTS

304, Orchid Plaza, Behind Gokul Shopping Center

Next to Platform No.8, OtIS. V. Road,
Borivali fYVest),Mumbai - 400092 .
Tel No.: 022-2864 2358, 2865 8119
Email: motilalassociateS@gmail.com

.,

LIMITED REVIEW REPORT

Review Report To
TheBoard Of Directors
JIK INDUSTRIES LIMITED
Mumbai
We have reviewed the accompanying statement of Unaudited Financial Results ("the statement")
of JIK INDUSTRIES LIMITED for the quarter ended so" September 2015. This statement is
the responsibility of the Company's management and has been approved by the Board of
Directors. Our responsibility is to issue a report on these financial results on our review.
We conducted our review of the statement in accordance with the Standard on Review
Engagements (SRE) 2400, 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 Statement is free of material misstatement. A review is limited primarily to inquiry
of companies' personnel and analytical procedure applied to financial data and thus provide less
assurance than an audit and accordingly we do not express an opinion.
Based on our review, nothing has come to our attention that causes us to believe that the
accompanying statement prepared in accordance with the accounting standards referred to in
section 133 of the Companies Act, 2013 and other recognized accounting practices and policies
has not disclosed the information required to be disclosed in terms of Clause 41 of the Listing
agreement with stock exchanges including the manner in which it is to be disclosed, or that it
contain any material misstatement.
.
Further, We also report that we have traced the no. of shares as well as the percentage of
shareholding in respect of aggregate amount of public shareholding in terms of clause 35 of
the Listing agreements and the particular relating to undisputed investor complaints from
the details furnish by the management.
For Motilal & Associates
Chartered Accountants
F. R. No. l06584W
';~"'"

~aIJ~in
Partner

M. No. 036811

: 14/11/2015
Place : Mumbai
Date

11/13, M. K. Amin Marg, 1st Floor, King Lane, Behind Central Camera, Bora Bazar, Mumbai - 400001.

Tel.: 22663526

JII{

JIKIndustries Lirrute d

STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS
ENDED 30TH SEPTEMBER 2015
PART I
Sr.

Particulars

No.

Ended
30.09.2015
Unudited

Ended
30.09.2014
Unudited

Six Months
Ended
30.09.2015
Unudited

11.78

16.20

22.77

27.98

76.40

0.00
11.78

0.00

0.00

0.00

16.20

22.77

27.98

0.00
76.40

0.68

1.05

1.31

3.43

0.10

0.20

0.52

1.31

1.32

1.21

(9 Months)
31.03.2015
Audited

Income from operations

(a) Net sales/income from operations
(Net of excise duty)
(b) Other operating income
Total Income from operations (net)

(Rs. In Lacs)
Year Ended

Quarter
Ended
30.06.2015
Unudited

Expenses
(a) Cost of materials consumed
(b) Purchases of stock-in-trade
(c) Changes in inventories of finished goods,
work in progress and stock-in-trade
(d) Employee benefits expense

0.62
0.43
(0.11)
22.99

24.27

0.26
9.92

47.27

(2.83)
57.44

2.83

2.81

3.07

5.65

8.83

(i) Provision for diminution in value of investments

0.00

0.00

0.00

0.00

4300.06

(ii) Provision for Bad & Doubtful Debts

0.00

0.00

0.00

0.00

2572.68

0.00

0.00

0.00

8930.00

(iv) Others

0.00
11.49

9.65

Total expenses

38.25

9.30
38.48

24.15

20.51
76.47

15905.97

(26.47)
0.00

(22.28)
0.26

(1.38)
0.00

(48.49)
0.26

(15829.57)
2.12

(26.47)
0.00

(22.02)
0.00

(1.38)
0.00

(48.23)
0.00

(15827.45)
0.00

(26.47)

(22.02)

(1.38)

(48.23)

(15827.45)

0.00
(26.47)
0.00
(26.47)
0.00
(26.47)
0.00

0.00
(22.02)
0.00
(22.02)
0.00
(22.02)
0.00

0.00
(1.38)
0.00
(1.38)
0.00
(1.38)
0.00

0.00
(48.23)
0.00
(48.23)
0.00
(48.23)
0.00

0.00
(15827.45)
0.00
(15827.45)
478.62
(16306.07)
0.00

(48.23)

(16306.07)

(e) Depreciation and amortisation expense

(t) Other expenses

(iii) Prior Period Expenses

3
4

5
6
7
8

9
10
11
12
13
14
15
16
17
18.i

Profit / (Loss) from operations before other income,

finance costs and exceptional items (1-2)
Other income
Profit /(Loss) from ordinary activities before finance
costs & exceptional items (3 + 4)
Finance costs
Profit /(Loss) from ordinary activities after finance costs
but before exceptional items (5 - 6)
Exceptional items
Profit'(Loss) from ordinary 'activities before tax (7 - 8)
Tax expense
Net Proflt/rl.oss) from ordinary activities after tax
Extraordinary items (net of tax expense)
Net Profit / (Loss) for the period (11 - 12)
Minority Interest
Net Profit / (Loss) after taxes, minority interest and share
of profit/(Ioss) (13 - 14)
Paid-up equity share capital (F.V. Rs.I0/-)

(26.47)

(22.02)

7264.10

7264.10

0.00

(1.38)

35.05

7264.10

7264.10

7264.10

0.00

0.00

0.00

(13342.76)

(0.04)

(0.03)

0.00

(0.07)

(21.79)

(0.05)

(0.04)

0.00

(0.09)

(31.00)

(A) Ordinary Equity Shares

(0.04)

(0.03)

0.00

(0.07)

(22.45)

(B) 'A' Ordinary Equity Shares (DVR)

(0.05)

(0.04)

0.00

(0.09)

(31.94)

Reserves excluding Revaluation Reserves as per balance sheet

of previous accounting year
Earning Per Share (before Extraordinary
Items)
(ofRs. 10/- each) (for the period/year):

Basic and Diluted

(A) Ordinary Equity Shares

18.ii

(B) 'A' Ordinary Equity Shares (DVR)

Earning Per Share (after Extraordinary
Items)
(ofRs. 10/- each) (for the period/year):
Basic and Diluted

Regd. Office: Pada No.3. Salkum, Thane (W) - 400 608, India. eIN : L65990MH 1990PLC056475
Tel: +91-22-25426356 - 60 Fax: +91-22-25426349 Email: ~dmin@jik.co.in Website: www.jik.co.in

JII{

JIKIndustries Lim.ited

PART II
Sr.
No.

A
I

Particulars

PARTICULARS

Ended

Quarter
Ended

Ended

30.09.2015

30.06.2015

Unaudited

Unaudited

Six Months
Ended

Year Ended
(9 Months)

30.09.2014

30.09.2015

31.03.2015

Unaudited

Unaudited

Audited

OF SHAREHOLDING

Public shareholding
(A) Ordinary Equity Shares
- Number of shares of RS.1O/-

39475148
54.35%

- Percentage of Shareholding
(B) 'A' Ordinary Equity Shares (DVR)
- Number of shares ofRs.l 0/2

39475148

5106

- Percentage of Shareholding
Promoters & Promoter Group Shareholdings

39475148

54.35%

54.35%

5106

39475148
54.35%

5106

39475148
54.35%

5106

5106

100.00%

100.00%

100.00%

100.00%

100.00%

25825

25825

25825

25825

25825

0.08%

0.08%

0.08%

0.08%

0.08%

0.04%

0.04%

0.04%

0.04%

0.04%

(a) Pledged 1 Encumbered

- Number of Shares
- Percentage of Shares (as a % of total
shareholding of promoter & promoter group)
- Percentage of Shares (as a % of total
share capital of the Company)
(b) Non-Encumbered
- Number of Shares

33134872

- Percentage of Shares (as a % of total

shareholding of promoter & promoter group)
- Percentage of Shares (as a % of total
share caoital of the Comnanv)
Particulars
B

33134872

33134872

33134872

33134872

99.92%

99.92%

99.92%

99.92%

99.92%

45.61%

45.61%

45.61%

45.61%

45.61%

30.09.2015

INVESTOR COMPLAINTS
Pending at the beginning of the quarter

Received during the quarter

Disposed off during the quarter

Remaining unresolved at the end of the quarter

Notes:

1.

The above Unaudited Financial results of the Company for the Quarter / Six Months ended 30th September, 2015 have
been reviewed by the Audit Committee and taken on record by the Board of Directors at their meeting held on 14th
November, 2015.

2.

Previous year figures have been restated/regrouped/rearranged

3.

The Company operates in one segment i.e. Crystal, Glass & allied products.

4.

Since the Company has changed its previous fmancial year (i.e: F. Y 2014-15) to 9 months ended on 31 st March 2015, the
figures for the previous corresponding period ended 30th September 2014 are not furnished for the above stated reason.

5.

Provisions for Taxation, including deferred tax assets/liabilities

6.

The Statutory Auditors have carried out "Limited Review" ofthe above financial results.

wherever necessary, to make them comparable.

if any shall be provided at the end of the financial year.

For JIK Industries Limited

~~~
Place
Dated

: Thane
: 14th November 2015

R.G. Parikh
Chairman & Managing Director

Regd. Office: Pada No.3, Salkum, Thane (W) - 400 608, India. erN: L65990MHl990PLC056475
Tel: +91-22-25426356
- 60 Fax: +91-22-25426349
Email: admin@jik.co.in
Website: www.jik.co.in

JII{

JIKIndustries Lirnite d

UNAUDITED STATEMENT OF ASSETS & LIABILITIES AS AT 30TH SEPTEMBER

2015
(Rs In Lacs)

Sr.
No.

I
(1)

Standalone
As at
As at
30.09.2015
31.03.2015
Unaudited
Audited

Particulars

EQUITY

AND LIABILITIES

Shareholders'

funds

(a) Share Capital

7264.10
(13391.24)

7264.10
(13342.76)

(6127.14)

(6078.66)

0.00

0.00

(a) Long-term borrowings

6.53

l3.06

(b) Long term provisions

3.52

3.52

10.05

16.58

25l.82

232.67

3.65
9l36.17

3.65
9107.18

(b) Reserves and surplus

Sub total - Shareholders
(2)

Minority interest

(3)

N on-current

liabilities

Sub total - Non-current

(4)

funds

liabilities

Current liabilities
(a) Short-Term borrowings
(b) Trade payables
(c) Other current liabilities
(d) Short-Term Provisions
Sub total- Current

liabilities

TOTAL - EQUITY & LIABILITIES

II

3274.94

22.48

28.10

0.00
2489.11

0.00
2489.11

680.01
63.26

680.01

assets

(a) Fixed assets

(b) Goodwill on consolidation
(c) Non-current

investments

(d) Deferred tax assets (net)

(e) Long-term loans and advances
Sub total - Non-current
(2)

0.39
9343.89
3281.81

ASSETS
Non-current

(1)

0.39
9392.03

Current

assets

3254.86

63.26
3260.48

assets

(a) Inventories

12.81

(b) Trade receivables

(c) Cash and cash equivalents

0.10
l.06

(d) Short-term loans and advances

6.11

Sub total- Current

TOTAL - ASSETS

assets

14.09
0.l3
4.85

20.08

2.26
21.33

3274.94

3281.81

For JIK Industries Limited

,);

\Y-'
Place
Dated

: Thane
14thNovember, 2015

R.G. Parikh
Chairman & Managing Director

Regd. Office: Pada No.3. Balkum, Thane (W) - 400 608, India. ON : L65990MH1990PLC056475
Tel: +91-22-25426356 - 60 fax: +91-22-25426349 Email: admjn@jik.co.in Website: www.jik.co.in