slFS

Date: November tL,2Ot6

To,

Corporate Relations DePartment,

Bombay Stock Exchange,
PJ Towers, Dalal Street,
Mumbai - 400001,
Maharashtra, India.
Subject: Outcome of Board Meeting dated November t1.,2Ot6
Reference: Scrip Code: 535566
Meeting Commencement Time: 2:00 pm
Meeting Conclusion Time: 3:20 pm
Dear Sir,

With reference to the above captioned subject, we would like to inform you that at the
Board meeting held today (Friday, November 11, 2016), the Board has inter-alia, considered,
approved and taken on record the unaudited financial results of the Company for the
quarter and half year ended on September 30, 2016.
Accordingly, we are attaching herewith copy of approved unaudited financial results along
with the Limited Review Report issued by the Statutory Auditors of the Company for the
quarter and half year ended on September 30,2076.
Please take the same into your records.

Thanking You,
Financial Services Limited

-esh D. Soni

(Company Secretary)
Encl.: As above

KIFS

Financial Services Limited

Regd, & Corporate Office : B/81, Pariseema Complex, C.G.Road, Ellisbridge.

rel i

1079) 26405492

/ s94,30000321

-26 .

Ahmedabad - 380006.

Fax: (O79)

2g103717

!vww.kifsfinance.com

Email : cs@kifs.co.in

/ kifs.roc@gmail.com

CIN : 167990GJ1995PLC025234

StFS
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F't!t&q
I]b!\-LrI I f

KIFS FINANCIAL SERVICES TIMITED

jt
.|ry

Rechtered ofrice:8 81, Pariseema complex, c. G. Road, Ellisbridse, Ah meda bad - 380006, Gujarar,India.
cl N: 167990GJ 1995P1C02s 2 34, contact: +91 79 2 5400740, F a* +9! 79 26403717 ,
Email: cs@kifs.co. n, website: vrww.kifsfinance.com

STATEMENT OF UNAUDITED FINANCIAL RESULTS FORTHE QUARTER ANO HATFYEAR ENDED ON SEPTEMBER 30,2016

KIFS

Financial Services Limited

Regd. & Corporate Office i B/81, Pariseema Complex, C.G.Road, Ellisbridge,

Iel t (079) 26405492 / 594,3000A321

-26 .

Ahmedabad 380006.

Fax: \079)

26403717

www.kifsfinance.com

'

'

Email : cs@kifs.co.in

/ kifs.roc@gmail.com

CIN r167990GJ1995P1C025234

SIFS
SIATEMENT OF ASSETS AND LIABII-ITIES

EqU|TYAND LIABILITIES
fu nds
(a)Share capjtal

Sharholde6'

1,081.80
L,495.22

1,081.80
1,231.36

2,577.O2

2,3L9.-L6

Current liabilitis
(a) Shon-term borrowings

4,627.95

6,728.88

lb)Trade payables
(c) other current liabilities
{d) Shon-term provhions

o.67

37.35

211.45

294.46

4,8/'0,O7

7.050.68

7,417.@

9,379.84

39.98

47.46

o-o2

0.04

1.15
1.45

1.16
7.70

(bl Reserves and surplus

(c) Money received against share warrants
|-

Sub-tota
Share applicetion money pending

Shareholders'

fu nds

allotment

Non-current liabilities
{a) Long-term borrowings
(b) Deferred tax liabilities (net)
(c) Other long-term liabilities
(dl Long'term provisions
5ub-total - Non-current liabilities

Sub-total - Cuft ent liabilities

TOTAL -

tqUtTYAND

UABtLtTtES

ASSETS

Non-current assets
(a) Fixed assets
(b) Non-current investments
(c) Defefred tax assets (net)

(d)long-term loans and advances

{e) Other non-current assets

Sub-total - Non-cu rent assets

Curent assets
(a) Current investments
(b) lnventofies

(c)Trade receivables
(d) cash and cash equivalents

427.37

,"i.ro

6,947.L!

9,O30.77

sub-total - Cuarent assets

7-374.44

9,229.47

TOTAL - ASSETS

7.417.O9

9,379.U

(elshort-term loans and advances

(fj Othercurrentassets

1.

The Compaoy is engaged in the single segment offinance, hence declaration otsegment wise resuks is not applicable to it.
theAldit Committee and approved and taken on record by the Board ofDiretors in thek meeting held on November

2. The above financilresulis have been reviewed by

11,2015.
3. The Company has, at its 21st Annual General Meeting held on August 19,2016 declared and paid within time, a nnal dividend of Rs.0.75 (7.50%) per share on
1,08,18,000 equaty shares of Rs. 10/'each ofthe Company for the financialyear ended on March 31,2016.
4. Subsequentto the quarter ended on September 30,2015, the Company has initiated the proceess of kansfer of unpaid dividend amount for the financialyear 2008-09,
to the lnvestor Education and Protection Fund.
5. Figures for the previous periods are re-classified

re-arranged

re-grouped, wherever necessar, to correspond with the current period's classification

dasclosure.

6. TheCompanydoes not have any exceptional or extra-ordinary item to report for the above periods.
7. The Statutory Auditors of the Company have carraed out limited review

ofthe above financial resultsOn behalf of Boa rd of Directors,

for

XIFS

financial Srvics timited

@t a

{x-''r,u^r--

Rajesh P. lGandwala

(Manasins Director)

{DIN:00477573)
Ahmedabad, November 11, 2016

KIFS

Financial Services Limited

Regd. & Corporate Office : B/81, Pariseema Complex, C.G.Road, Ellisbridge,

lel:1079)26405492 /594,30000321 -26 .

Ahmedabad - 380006.

Fax: (079) 2U03717 .

www.kifsfinance.com

Email : cs@kifs.co.in / kifs.roc@gmail.com

CIN : 167990G11995P1C025234

SHATLESH C. PARIKH

& C.O.

CHARTERED ACCCUNTANTS

412, 4th Floor, Ashwamegh Avenue,

Mayur Colony, Nr. Mithakhali Circle,
Navrangpura, Ahmedabad - 380 009.
Ph : (0) 2640 8930
Tele Fax : 91 - 079 - 2642 1975
M : 98250 35883
email : parikhshah4l 2@yahoo.com

Limited Review Report

To,
The Board of Directors,
M/s. KIFS Financial Services Limited.
B-81, Pariseema Complex, C. G. Road, Ellisbridge,
Ahmedabad - 380006, Gujarat, India.

We have reviewed the accompanying statement of unaudited financial results of M/s. KIFS
Financial Services Limited for the quarter and half year ended on September 30, 20j.6. 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 statements based
on our review.
We conducted our review in accordance with the Standard on Review Engagement (SRE) 2400,
Engagements to Review Finonciol Stotements 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 misstatement. A review
is limited primarily to inquiries of Company personnel and analytical procedures applied to
financial data and thus provides less assurance than an 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 attention that causes us to
believe that the accompanying statement
unaudited financial results prepared in
accordance with applicable accounting standards and other recognized accounting practices
and policies has not disclosed the information required to be disclosed in terms of Regulation

of

33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20L5 including
the manner in which it is to be disclosed. or that it contains anv material misstatemenr.
For M/s. Shailesh Parikh & Co.,
Chartered Accountants
Firm Registration No.: 109858W

p{
I

ShaYesh C. Perikh

(Proprietor)
Membership No.:039254
Ahmedabad, November

tI,

2016