NHC FOODS LTD

(Government Recognised Star Export House)

An ISO 22000:2005 Certified Company
CIN : L1 51 22GJ1992PLC07 6277

Date: 14ft November, 20L6

'fo,
Tl-re

Secrctrry,

BSE Limited,
P.]. 'I'orver s, Drlal Strcet,
MLrmbai

1100001.

E-rnail: coj p. ri:lations@bseindia,com

Sub: - Outcome of the Board Meeting

Scrip Code:517554
Dear Sir/\ lacl.rrn,
Sub: Un

aurlilgd Financial Results for the quarter and half year ended
ZA_t6 and Limited Revie

30th September,

I)ursuarrt Lo l{egulation 33 of SEBI (Listing Obligations and Disclosure Requirements)

Ilegulatioirs, 2015, rve enclose l-rerewith the following:

1.. Ur,-aur{itcc1 lrinanctal ilesults of the Company for the quarter and half year ended
30r ' SclrLenrbcr, 2016

'l'hr'se irinanr:ial Results have been reviewed by the Audit Committee and approved
b], rhc lloard of Directors at its meeting held today.

2.

[.irniteLl I(evien, lleport on the above Financial Results duly issued by NGS & Co.
LI.l', tlrc StirtL.rtorv Ar-rditors of the Company"

'l'he Mectrrig oi thc Iloard o[ l)irectors commenced at 4.00

Kindly

tal,.e

p.m. and concluded at 5.15 p.m"

thc abor c infonnation on your records.

'Ihankinl, r,olr
For NHC

loorls Lirnited

M@

Suvarnalata Chavan
(Company Ser:reta11, & Compliance Officer)

Office : NHC House, 2/13, Anand Nagar, Santacrus (East),

Mumbai - 400 055. (lNDlA). Tel. : +91 22 6152 2020 (30 Lines)

Fax

+91 22 6152 2021, URt

http://www.nhcgroup.com

Email : info@nhcgroup.com / saaz@nhcgroup.com

Factory & Registered Office : Survey No. 777, Umarsadi Desaiwad Road,
Village Umarsadi Taluka Parcii, Dist. Valsad, Gujarat - 396 '175. (lndia)
Tel. : +91 260 2375 660 / 260 2375 661 Fax : +91 26A 2375 662
email : pardi@nhcgroup.com
I

NHC FOODS LTD

(Government Recognised Star Export House)

ta

An ISO 22000:2005 Certified Company

CIN : L1 5122GJ1992PLC076277
NHC Foods Limited
Statement of Un-Audited Result for the quarter and half year ended 30th September, 2016

PART

(Rs.

Sr.

Quarter ended

Particulars

No,

Unaudited
30.09.2016

duty)

3738.9!

(b) Other Operating lrcome

fotal lncome from Operations (net)

5257 .5/

2554.96

8996.32

5510.50

14984.7t

43.69

110.01

62.43

1.53.7C

t47.18

285.8t

3782.64

5367.39

?.617.39

9150.03

5657.68

75270.5t

31.11

86.93

61.58

118.04

L26.29

544.53

3131.56

4507.29

7945.48

7638.85

4262.8C

12058.69

269.31

767.3t

776.86

436.70

262.5(

229.60

id) Employee Benefits Expense

61.86

73.14

74.63

13s.00

148.2(

325.77

ie) Depreciation and amortisation expense

28.58

29.2i

30.15

57.83

60.29

119.75

193.77

430.7!

501.48

623.92

907.7t

7795.09

3715.59

5294.74

2790.78

9010.33

5767.98

75073.43

67.05

72.6!

(172.79)

739.70

(110.30

ic) Chmges in inventories of finished goods,

progress and stock - in - trade

work - in

if) Other expenses (Any item exceeding 10% of the total

,.xpenses relating to continuing operations to be shown
reoa

ratelv)

Iotal Expenses

31.03.201(

30.09.2015

Exoenses
ia) Cost of Materials consumed
i'lo) Purchase of stock - in - trade

10.09.2015

10.09.2015

Income from Ooerations

(a) Net Salesflncome {rom Operations (Net ofexcise

30.06.2016

In lacs, except for number of shares)

Half Year ended
Year ended
Audited
Unaudited

Profit/(Loss) from operations before other income, finance

cost and exceptional items (1-2)
Jther Income

10.41

72.0i

11.97

Profit/(Loss) from Ordinary activities before finance cost and

exceptional items (3 + 4)

77.46

84.71

(160.82)

Finance Cost

51.23

50.7(

37.88

22.48
162.78
101.93

1.97.1.5

26.23

69.72

(84.07"

266.27

77.42

218.51

26.23

34.02

(1e8.70)

60.25

(1.61.49)

Proft/(Loss) from Ordinary activities after finance costs

but before exceotional items (5 - 5)
Exceptional Items

(0.s3)

0.00

0.0c

(0.s3)

0.00

0.0c

Profit / (Loss) from Ordinary activities before tax

25.7t

(198.70)

59.72

(151.4e)

47.76

13.05

0.00

4.3E

(3.23)

5.73

'12.32

0.0c

10

Iax
a.

(7 - 8)

exDense

Current Tax

Liability/(Asset)
c. Earlier year adjustments
d. Total Tax
b. Deferred Tax

11

L2

\let ProfiU(Loss) from Ordinary activities after tax (9 t0)

xtraordinlry items (net of tax

(11 + 12)

L4

ihare of Profit / (Loss) of associates

Minority Interest

L7

18
19

\let ProfiV(Loss) after taxes,

:f profit / (loss) of associates

Lakhs)

Rs. Expense

for the period

),let Profit/(Loss)

16

5.64

7.41.

(10.44"

(3.2s)

0.02

7.27

0.00

13

15

34.02

7.43

23.31

26.59

0.0(

0.0c

(13 + 14 + 15)

Paid up equity share capital (face value of Rs. 10/- each)

0.0t

(2.42)

0.4i

9.82

3.31

17.7i

(189.s31

49.90

(164.80)

30.59

0.0r

(9.17"

0.0c

0.0c

0.0t

(189.s31

30.59

49.90

(164.80)

0.0(

0.0c

0.0(

0.0c

0.0c

0.0(

0.0(

0.0(

0.0i

0.0c

0.0c

0.0t

23.31

26.59

(189.s31

49.90

(164.80)

30.59

1185.50

1185.5C

1185.5C

1.1.29.35

1185.50

23.31

ninority interest and share

0.00

2.39

26.59

7729.35

Reserve excluding Revaluation Reserves as per balance

793.1.9

;heet of previous accounting year

li) Eaming Per share (before extraordinary items)
iof Rs. 10/- each) (not amualised)
ia) Basic

0.20

0.22

(1.68)

0.42

(1.46)

0.27

ib) Diluted

0.20

0.22

(1.58)

0.42

(1.461

0.27

ia) Basic

0.20

0.22

(1.68)

0.4,

(1.46"

0.27

ib) Diluted

0.20

0.22

(1.68)

0.41

(1.46"

0.27

iii) Earning Per Share (after extraordinary items)

iof Rs. 10/- each) (not amualised)

: NHC House, 2/13, Anand Nagar. Santacrus (East),

Mumbai - 400 055. (lNDlA). Tel. : +91 22 6152 2020 (30 Lines)

Office

Fax : +91 22 6152 2021, URL : http:/lwww.nhcgroup.com

Email : info@nhcgroup.com / saaz@nhcgroup.com

Factory & Registered Office : Survey No. 777, Umarsadi

Village Umarsadi, Taluka Pardi, Dist. Valsad, Gujarat -

Tel.

: +91 260 2375 660 /

email : pardi@nhcgroup.com

260 2375 661 Fax

: +91

260 2375 662

NHC FOODS LTD

(Government Recognised Star Export House)

An ISO 22000:2005 Certified Company
CIN : L1 51 22cJ1992pLC0Z 6277
Note:
1

,
3

Theaboveresu1tswerereviewed$ytheAuditCommitteeandthereaftertakenonrecordbyth"eo".di'.ii,ffi
Limited review carried on by the Statutory Auditors.
There were no extraordinary items during the respective periods reported above.

2016 and also

As the Company's business accounting falls within a single primary business segmen t, viz., "Food processing,,
and there is no reportable
secondary segment. Hence the disclosure requirements of Accounting Standard 17 "segment
Reporting,, is not applicable.
Previous year figure have been regrouped wherever necessary.

For NIIC Foods Limited

Place: Mumbai

Date: November14,2016
(Chairman & Managing Director)

DIN :00573184

Office : NHC House, 2/13, Anand Nagar, Santacrus (East),

Mumbal- 400 055. (INDIA). Tet. :+91 226152 2020 (30 Lines)
Fax : +91 22 6152 2021, URL : http://www.nhcgr0up.com

Factory & Registered Office : Survey No. 777, Umarsadi Desaiwad Roaci,
Village Umarsadi Taluka Pardi, Dist. Vaisad Gujarat - 396 175. (tndia)

Email : info@nhcgroup.com / saaz@nhcgroup.com

email : pardi@nhcgroup.com

Tel.

: +91 260 2375 660 /

260 2375 661 Fax

: +91 260 Z37S 662

NHC FOODS LTD

(Government Recognised Star Export House)

An ISO 22000:2005 Certified Company
CIN : L1 51 22GJ1992PLC076277
Statement of Assests and Liablities as at 30th September,2015
(Rs.

Sr. No.

Particulars

As

at

30.09.2016

As

Un audited

at

In lacs)
31.03.2015

Audited

EQUITY AND LIABILITIES

Shareholders' funds

1.

ia) Share capital

p) Reserves and surplus

1185.50

11Bs.5C

843.07

793.1,9

lc) Monev received against share warrants

iub-total - Shareholders' funds

0.00

0.0c

2028.57

1978.69

Share application money pending allotrnent

0.00

0.00

Minority interest

0.00

0.00

Non-current liabilities
Long-term borrowings
@) Deferred tax liabilities (net)
(c) Other longterm liabilities
(d) Long-term provisions

L175.04

700.93

22s.61,

228.84

Sub-total - Non-current liabilities

[a)

0.00

0.00

34.56

37.11,

1435.21.

966.88

Current liabilities
(a) Short-term borrowings

809.03

785.78

(b) Trade payables

704.69

3669.50

911.2s

896.90

(c

)Other current liabilities

[d) Short-term provisions

6.94

5.0s

Sub-total - Current liabilities

2431..91.

5358.23

TOTAL - EQUITY AND LIABILITIES

5895.69

8303.80

LL59.78

1195.68

484.62

503.30

0.0c

0.00

0.6c

0.60

ASSETS

Non-current assets
(a) Fixed assets
Tangible Assets
Intangible Assets
(b) Goodwill on consolidation
(c) Non-current invesknents
(d) Deferred tax assets (net)
(e) Long-term loans and advances
(f) Other non-current assets

iub-total - Non-current assets

0.0c

0.00

148.3C

137.96

0.0(

0.0c

7793.29

1837.54

Current assets

ia) Current investments

0.00

0.60

p) Inventories

1236.71

1685.90

ic) Trade receivables

21,t1,.98

396s.60

id) Cash and cash equivalents

ie) Short-term loans and advances

i!

73.ts

409.48

450.24

126.71,

Other current assets

230.33

277.97

iub-total - Current assets

4702.40

6466.26

rOTAL - ASSETS

5895.69

8303.8C

For
:

Mumbai

November L4,2015

HC Foods Limited

Apoorva Shah
(Chairman & Managing Director)

DIN

: Nl-lC House, 2/13, Anand Nagar, Santacrus (East),

Mumbai - 400 055. (lNDlA). Tel. : +9'1 226152 2020 (30 Lines)

Office
Fax

+91 22 6152 2021, URL

http:/iwww.nhcgroup.com

Email : info@nhcgroup.com / saaz@nhcgroup.com

:00573184

Factory & Registered Office : Survey No. 777, Umarsadi Desaiwad Road,
Village Umarsadi, Taluka Pardi, Dist. Valsad, Gujarat - 396 175. (lndia)
Tel. : +91 26A 2375 660 / 260 2375 661 Fax : +91 260 2375 662
email : pardi@nhcgroup.com

NGS
&

co.

MUMBAI

LLP

CHARTERED
ACCOUNTANTS

INDORE

CHITTORGARH

LIMITED REVIEW REPORT

Review Report to
The Board of Directors
NHC Foods limited

1. We have reviewed the accompanying statement of unaudited interim Balance Sheet of NHC Foods
limited (the 'Company') as at September 30, 2016and unaudited Statement of Profit and Lossfor the six
months period then ended (herewith referred to as 'The Statements'). 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 the Statement based on our review.
2. We conducted our review in accordance with the Standard of Review Engagement (SRE)2410, "Review.
of Interim Financial Information Performed by the Independent Auditor of the Entity" 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 inquiries of Company personnel and analytical procedures applied to financial data
and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do
not express an audit opinion.
3. Based on our review conducted as above, nothing has come to our attention that causes us to believe
that the accompanying statement of unaudited financial results prepared in accordance with applicable
accounting standards as per Section 133 of the Companies Act 2013, read with Rule 7 of the Companies
(Accounts) Rules 2014 and other recognized accounting practices and policies has not disclosed the
information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it
contains any material misstatement.

For NGS & CO. llP

Chartered Accountants
Registration Number: 119850W

Ashok A. Trivedi
Partner
Membership No.: 042472
Mumbai
November 14, 2016

B - 46, 3rd Floor, Pravasi Estate, V N Road, Goregaon (E), Mumbai - 400 063.
Tel.: +91. 22. 4217 3337
I Email: info@ngsco.in
www.ngsco.in