AkkAdMrhrn& Co.

ACCOUNTANTS
CHARTERED
CA. SANJAYN. MEHTA
Gr.d. C.WA.,F.C.A

CA. NIRAVA. MEHTA

M.Grm.,A.C.A

2, Vatika,14 BaptistaRoad,Mle Pade(W),Mumbai- 400056.

Tel.:26102272I 26102282
Fax: 26101896Ext : 208
E-Mail: amcol@vsnl.com,
sanjay.amco@gmail.com
amco2@vsnl-net,
Website: www.caam@.@m

ReviewReport

To the Boardof Directorsof

EcoplastLimited
1' We have reviewedthe accompanyingstatementof
UnauditedFinancialResults(,,the
Statement")of EcoplastLimited ("the Company")for the quarter
ended:o* s.pi-G
2016' This statementis the responsibilityqf the company;s
Managementand hasbeen
approvedby the Boardof Directorsin their meetingheld
on lltr November,2016.
Our
responsibilityis to issuea reporton thesefinancialstatements
basedon o'r review.
2' We conductedour review in accordance
with the Standardon ReviewEngagement
(SRE)
2410,"Review of Interim FinancialInformationPerformedby
the Independent
Auditor
of the Entity" issuedby the Instituteof CharteredAccountants
of India. This standard
requiresthat we plan and perform the review to obtain moderate
assuranceas to whether
the financialstatementis free of materialmisstatement.A review
is limited primarilyto
inquiriesof companypersonneland analyticalprocedures
appliedto financialdataand
thus provide less assurancethan an audit. we have noi performed
an audit and
accordingly,we do not expressan auditopinion.
3' Basedon our review conductedasabove,nothinghascome
to our attentionthat causesus
to believe that the accompanyingStatement,preparedin
accordancewith applicable
accountingStandards
asper section133of the CompaniesAct,20l3,read with Rule 7 of
the Companies(Accounts)Rules, 2014 andother recognzed,
accountingpracticesand
policies have not disclosed the information required
to be disclosedin terms of
Regulation33 of the securitiesand ExchangeBoard of India (Listing
obligationsand
DisclosureRequirements)Regulations,2015 including the
mannerin which it is to be
disclosed,or that it containsanymaterialmisstatement.
ForAkkad Mehta & Co.
CharteredAccountants
Firm ICAI Registration
No. 100259W
r>

"-+-----T
-/-)Sanjay Mehta
Partner

No. 016859
" IVlembership
Place:Mumbai
Date:1Itr November,2016

EcoplastLtd.
WaterWorks CrossRoad, N.H.No8
Abrama,Valsad,Gujarat.396002
Tel No 02632226157I 226560
Website:www.ecoplastindia.com
Email:investor@ecoplastindia.com
ctN -L25200GJl
981PLC004375
Statementof StandaloneUnaudited Financial Results
for The Quarter Ended 30/09/2016
Rs,'Lacs
QTR,
ENDED
30-09-2016
auneudlted)

PARTI

lncome from operation

(a) GrossSales/Incomefrom operation
(b) OtherOperatinglncome
TotalIncomefrom Operations
Expenses
a. Cost of MaterialsConsumed
b. Changein inventories
of finishedgoods& work-in-progreess
c. Employeebenefitsexpense
d. Depreciation
and amortisation
e. ExciseDuty
f. Other Expenses
Totalexpenses

QTR,
ENDED
30-08-2016
lUnaudltedl

QTR.
ENDED
30.09-2015
(Unaudlted)

2,74',1.03 2,802.92
30.31
8.97
2.811.89
2.771.34

HALF
YEAR
ENDED
30-09-2015
Iunaudltedl

YEAR
ENDED
31.03-2016
{Audltedl

5,472.09 10,303.83
33.59
10.00

2,655.38
5.51

5,543.95

2,660.89

5,583.23

5,482.09

3,808.88
(100.28)
326.60
86.38
561.91
582.16
5.265.66

3 , 7 3 8 . 1 0 6,879.80
(28.06)
68.78
612.02
290.23
167.84
85.60
995.55
525.52
564.61 1,097.54

1,897.88
(56.7e)
166.80
42.21
269.18
302.24

1,911.00
(43.4e)
159.80
44.17
292.73
279.92

2.621.53

5,04.13

1,889.35
(80.27)
156.29
41.76
248.60
286.42
2.542.14

149.81

167.76

11 8 . 7 5

149.81

167.76

118.75

FinanceCosts

51.44

41.75

41.34

Profitfrom OrdinaryActivitiesafter Financecosts but

Eefore Exeptionalitems (5 I 6)

98.37

126.01

77.41

Exceptional
ltems

Profit from ordinary activities before Tax (7+8)

98.37

126.01

1 0 Tax Expenses

35.55

1 1 Net Profitfrom ordinaryactivitiesafter Tax (9 ! 10)

Profitfrom Operationsbefore other Income,

Financecosts& Exceptionalltem (1 - 2)

HALF
YEAR
ENDED
30-09-2016
{l.Jnaudltedl

39 ?R

10.337.42

5.176.00

9.821.54

317.57

306.09

515.88

317.57

306.09

515.88

93,19

86.27

't48.42

224.38

219.82

367.46

77.41

224.38

2'19,82

367.46

43.51

23.95

79.06

70.38

134.72

62.82

82.50

53.46

145.32

149.44

232.74

62.82

82.50

53.46

145.32

149.44

232.74

300.00

300.00

300.00

300.00

300.00

300.00

Otherlncome
Profitfrom OrdinaryActivitiesbefore Financecosts and
before Exeptionalitems (3 ! 4)

1 2 Extraordinaryltems (Net of Tax ExpenseRs.

1 3 Net Profit for the period (11 !121

1 4 PaidUffquity ShareCapital(FaceValueof Rs.10Per
Share)
1 5 ReservesexcludingRevaluationReservesas per
BalanceSheetof PreviousAccountingYear

1,900.19

1 6 Earningper Share(EPS)
a) Basicand dilutedEPS beforee*raordinaryitemsfor
the period,forthe year to date & for the previousyear
(not annualised)

2.09

2.75

1.78

4.84

4.98

7.76

b) Basic and dilutedEPS after extraordinaryitems for

the period,forthe year to date & for the previousyear
(not annualised)

2.09

2.75

1 78

4.84

4.98

7.76

-dR\

ffi
RDw,-9

,*ry4
"*s#lt

Statementof Assetsand Liabilitiesas at 30.09.2016

Rs.'Lacs
Standalone
HalfYearEnded
Un audited

Particulars

30-09-2016 30-09-201s
EQUIWAND TIABILITIES
A
I Shareholders'
Funds
(a) Sharecapital
(b) Reserves
and surplus
funds
Sub-total- Shareholders'

300.00
2045.51
2345.5L

300.00
1871.05
2 77 r . O5

430.48
86.08
97.52
614.08

313.86
77.70
46.L3
437.68

909.s1.
1146.80
L66.22
L35.59

2358.12

672.L2
850.99
122.9t
99.12
L745.t4

53L7.7L

4353.87

L324.97
8L.76
484.03
1890.76

1000.04
81.76
450.56
1 s 32 .36

L442.44
t821.66
49.62
105.95
7.28
3426.95

t000.77
L624.26
84.8L
105.32
6.34
2 82 L. 50

53t7.7L

4353.87

2 Non - current Liabilities

(a) Long-term borrowings
(b) Deferredtax liabilities(net)
(c) Long-Termprovisions
Sub-total- Non - current liabilities
3 currentLiabilities
(a) Short-term borrowings
(b) Tradepayables
{c) Othercurrentliabilities
(d) Short-Termprovisions
Sub-total- current Liabilities
TOTALEQUIWAND LIABILITIES
I
L

ASSETS
Non - currentassets
(a) Fixedassets
(b) NoncurrentInvestments
(c) Long-term loansand Advances
Sub-total- Non currentassets
2 Currentassets
(a) Inventories
( b ) T r a d eR e c e i v a b l e s
(c) Cashand cashequipments
(d) Short-term loansand Advances
(e) Othercurrentassets
Sub-total- Currentassets
TOTAI. ASSETS

otes:

1)Theunauditedfinancialresultsof the Companyhave been reviewedby the Audit Committeeand approvedby the Board
Directorsof the Companyat theirmeetingsheldon November11,2016.

fortheQuarterended
resultsof theCompany
forthestandalone
Auditors
2) A LimitedReviewhasbeencarriedoutby theStatutory
2016.
30th September,
The Companyis primarilyengagedin the businessof manufactureof plasticfilm, which is consideredto be the only
segment.
segment.The Companyis primarilyoperatingin Indiawhichis consideredas a singlegeographical
) Tax ExpensesincludesIncomeTax & DefferedTax

for the purposeof

necessary
whereverconsidered
5) The figuresof the previousperiodshave beenre-grouped/re-arranged
comparison.

Far A!{KAD $t EFITA& C0.

Cfi e rtere d Ac e o u nta nts

FRN-1002s9
Place:Mumbai
2016
: 11 th November,

Partner

On Behalfof Boardof Directors

-

@s

J. B. DESAI
MANAGINGDIRECTOR