AMS POLYMERS LIMITED(Formerly known as SAi MOH AUTO LINKS LIMITED)

CIN:L34300DL1985PLC020510Regd. Off.: C-582, Saraswati Vihar, Pitampura, Delhi-110034

Phone: 91-11-27017987; Fax: 91-11-27017987Email: polymersams@?mail.com: Website: www.amspolymers.com

30.07.2020To,The Manager (Listing),Bombay Stock Exchange Limited,1st Floor, P.J. Towers,Dalal Street, Mumbai-400001

Sub; Outcome of the Board Meetin& and Submission of Audited flnanctal Results for thequarter and year ended 31st March, 2Q2Q·as required u/r 33 of the SEBI (LQDR) Replations,z.a!S.

Ref: BSE-Scrip Code-540066Dear Sir,

This is to inform you that in pursuance to Regulation 33 of SEBI (LODR) Regulations, 2015, theBoard of Directors of the Company in its meeting held on Thursday, 30th July, 2020 at C-582,Saraswati Vihar, Pitampura, Delhi-110034 and concluded just now has, inter-alia, transacted thefollowing businesses:

1. Considered and Approved the Standalone Audited Financial Results of the Company for thequarter and year ended ·31st March, 2020.

2. Considered and Approved the Auditor's Report for the Audited Financial Results of theCompany for the quarter and year ended 31st March, 2020.

3. Considered and taken on record Declaration for the audit report with unmodified opinionfor the year ended 31st March, 2020 pursuant to Regulation 33(3)(dfof the SEBl(LODR)Regulation, 2015 and SEBI circular dated May 27, 2016 bearing reference no.CIR/CFD/CMD/56/2016.

4. Considered and appointed M/s Kundan Agrawal & Associates, Company Secretaries as theSecretarial Auditor of the Company for the F.Y. 2020-21.

5. Considered and appointed M/s Sanghi & Co., Chartered Accountants as the Internal Auditorof the Company for the F.Y. 2020-21.

The Manager (Listing),Ludhiana Stock ExchangeLimited,Feroz Gandhi Market,JilaKacheri Area, Model Gram,Ludhiana, Punjab-141001

The Manager (Listing),Delhi Stock Exchange Ltd.,DSE House, 3/1, Asaf Ali Road,New Delhi - 110002Opp.

Further pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015, a copy of the aforesaidFinancial Results for the quarter and year ended 31st March, 2020 alongwith Auditor's Report andthe above Declaration are enclosed herewith for your kind perusal.

Kindly take the above information in your records.

Thanking you,

Yours Truly,•?- _.

/

Fo;?Sf?\???·.,?

Arpit oel·

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Dir?ct?O?Y??.

.?;/DIN. ?? ? -, /CC: ? ()? 11.,

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Ahmeda

Limited

Kamdhenu Complex,Sahajanand College,Panjara Pole, Ambawadi

Ahmedabad - 380015

Encl: As Above

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AMS POLYMERS LIMITED(Formerly known as SAi MOH AJJTO LINKS LIMITED)

CIN:L34300DL198SPLC020510

Regd. Off.: C-582, Saraswati Vihar, Pitampura, Delhi-110034

Phone: 91-11-27017987; Fax: 91-11-27017987

Email: polymersams@?mail.com; Website: www.amspolymers.com

30.07.2020To,The Manager (Listing),Bombay Stock Exchange Limited,1st Floor, P.J. Towers,Dalal Street, Mumbai-400001

Sub; Declaration under Replation 33(3J(d) of the SEBI (Listim= Obliaations and Disclosure

Requirements) Replations, 201s. as amended.

Ref: BSE-Scrip Code-540066

Dear Sir,

In compliance with the provisions of Regulation 33(3)(d) of the SEBI (Listing Obligations and

Disclosure Requirements) Regulations, 2015 and SEBI circular dated May 27, 2016 bearing circular

reference no. CIR/CFD/CMD/56/2016, we hereby declare that the Statutory Auditors of the

Company, i.e., M/s Kapil Dev & Associates, Chartered Accountants, have issued on Audit Report with

unmodified opinion on Annual Audited Standalone Financial Statements of the company for the

financial year ended March 31, 2020.

This is for your information and records please.

Thanking You.

For AMS Polymers Lil'dil10L

??Director

DIN:06405912

CC:

The Manager (Listing), The Manager (Listing), The Manager (Listing),Ahmedabad Stock Exchange Delhi Stock Exchange Ltd., Ludhiana Stock Exchange

Limited DSE House, 3/1, Asaf Ali Road, Limited,

Kamdhenu Complex, Opp. New Delhi - 110002 Feroz Gandhi Market,

Sahajanand College, JilaKacheri Area, Model Gram,

Panjara Pole, Ambawadi Ludhiana, Punjab - 141001

Ahmedabad -·380015

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AMS POLYMERS LIMITED

(Fonnerly : SAi MOH AUTO LINKS Ur.MTED)

CIN:L34300DL1985PLC020510Read. Office: C-582 SARASWATI VIHAR.PITAMPURA. DELHl-110034

STATEMENT OF STANDALONE AUDITED FINANCIAL RESULTS FOR THE OUARTER & YEAR ENDED 31ST MARCH. 2020

IRs In Lacs I

Sr No ParticularsFor the Quarter ended Year Ended

31-Mar-20 31-Dec-19 31-Mar-19 31-Mar-20 31-Mar-19

IAudited I Unaudited IAudited (Audited I IAudltedl

1 Income from Operation

(a) Net Sales/Revenuefrom Operations647.54 665.81 594.74 2,837.95 2,364.03

ilb\ Other Ooeratin" Income-

--

-

ilcl Other Income0.03 0.05 I0.511 0.08 -

Total Income647.57 665.86 594.23 2,838.03 2,364.03

-

2 Expenses-

a) Cost of Materials consumed-

--

-

bl Purchase of Stock-in-trade646.62 642.00 65L69 2710.84 2 :u.,;.15

c) Changes in Inventory of Finished goods, Work-In-progress (81.40) (33A1) (67.05) (90.98) (69.73)

and Stock-in-tradedi Emolovee Benefits Exoenses

36.10 23.93 6.48 93.92 33.77

el Finance Ccists5.87 5.36 0.24 21.18 13.15

lfl Deoreclation and Amortisation exoense5.66 0.15 -

6.08 -

;1 Other exoenses34.37 26.79 1.95 88.84 17.43

Total Expenses647.22 664.82 593.31 2,829.88 2,359.78

-

3 Profit/(lJ>ss)before Exceptional Items and tax (1-2).

0.35 1.04 0.92 8.15 4.25

4 Exceotlonal Items-

-.

--

s: Proflt/(Loss) before tax (3 + 4)0.35 1.04 0.92 8.15 4.25

6 Tax Expense.

- Current tax0.37 0.68 0.02 2.48 0.82

- Deferred tax

11.491 -12.151 11.59 12.151

Short Provision of earlier vear0.01 -

0.01 0.01 0.01

Total Tax ExnensesILU' 0.68 -,2.u1 0.90 1uil

.

7 Proflt/lLossl for the nerlod I 5-tl 0.99 0.36 3.04 7.25 5:57

-

8 Other Comorehensive Income I net of taxi-

--

--

-

9 Total Comprehensive Income for the period 0.99 0.36 3.04 7.25 5.57

-

10 Paid-up equity share capital ( face value of Rs. 10/- per 330.25 330.25 330.25 330.25 330.25

share)-

11 Earning per share (EPS)of Rs. 10/ • each (not-

annualized)lr11Basic

0.03 0.01 0.09 0.22 0.17

1(2)D?uted0.03 0.01 0.09 0.22 0.17

12 Reserves Excluding Revaluatiuon Reserve as per Balance(14.78) (22.03)

Sheet of D!'evious AccountlnQ yur

Nows:

1 The above Results for the quarter and year ended March 31, .2020 has been reviewed by the Audit Committee and thereafter

approved by the Board of Directors at their meeting held on 30th July, 2020. The Statutory Auditors have carried out the

audit for the year ended 31st March, 2019.

2 The Company operates in a single segment and the results pertain to a single segment in accordance with IND AS 108-

Operating Segment.

3 Previous year/periodfigures have been regrouped/arranged,wherever necessary to make them comparablewith the current

....... ;??ure .

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W't:J •.

·--?----'---

4· The Company has adopted Indian Accounting Standards {"Ind AS") notified by the Ministry of Corporate Affairs. This

Statement has been prepared in accordance with the Companies {Indian Accounting Standards) Rules, 2015 {Ind AS)

prescribed under Section 133 of the Companies Act, 2013 read with relevent rules issued thereunder and other recognised

5 The format for audited quarterly results as prescribed in SEBl's Circular CIR/CFD/CMD/15/2015dated November 30, 2015 has

been modified to comply with requirements of SEBl's circular dated July 5, 2016. IND AS and Schedule Ill (Division II) to the

Companies Act, 2013 applicable to the companies that are required to comply with IN.DAS.

6 The figures for the quarter ended Match 31,2020 and March 31,2019 .are the balancing figures between audited figures in

respect of the full financial year and the published year to date figures upto the third quarter of the relevant finandal year.

Place: New Delhi

Date: 30.07.2020

For and on behalf of Board of Directors of

AMS Po???71t:J--+r??oel'

Director

DIN :06405912

"-

Statement of Assets & Liabllltles as on March,31, 2020

(Rs. In lacs)

Particulars Asat Asat

31.03.2020 31.03.2019

TOTAL ASSETS

1.39 2.98

4.19 -

- -

- -

4.19 -

7.62 7.62

- -

- -

- 5.73

7.62 13.35

205.85 114.88

1,022.9S 767.37

14.52 10.81

8.16 5.56

9.69 16.29

1,261.17 914.91

1,272.98 928.26

330.25 330.25

(14.78) (22.03)315.47 308.22Total Equityt-----t----'-1

Non Current Assets

Total Current Assets1-.....;;;=="4-.....;;;.;;;.;;.;.;;-1

Total-Non current assets1----.;._-.---'-;.;;.;;.?

2· LIABILITIES

Non-Current Uabllltles

Non-Current Financial Liabilities

BorrowingsOther Financial Liabilities

Long Term· Provisions

Deferred tax liabilities

2 C1,1rrent Assets

Inventories

Current Rnancial Assets

Trade receiavables

Cash & cash equivalentsLoans and advances

Other current financial assets

Non Current Financial Assets

Investments

Long term Loans and Advances

Deferred tax assets (Net)Other non current assets

B. EQUITY& LIABILITIES

1 EQUITY

Equity Share CapitalOther Equity

A. ASSETS

1 Non Current Assets

Property Plant& Equipment

capital Work in progress

Other Intangible Assets

Total-Non Current Uabilltles1----1..;..3.;;...9+------'2_.98?

298.06 273.63

636.64 313.84

18.94 28.77

2.48 0.82

956.12 617.06

1,272.98 928.26TOTAL EQUITY & LIABILITIES

Current Uabilitles

Current Rnancial Uabilltles

Borrowings

Trade payablesOther current financial liabilities

Short term Provisions

Total Current Rnandal Uabilltles_._ --f

Place: New Delhl

Date: 30.07.2020.

For and on behalf of Board of Directors o

________ .AMS Poly01ers Limlted

!tf::_t

Director

DIN :06405912

AMS POLYMERS LIMITED

(Fonnerly, SIii Moh Auto Links Limited)CIN: L34300DL 11185PI..C020510

Cash flow statement for the year ended 31st Man:h, 2020!Amount In Ra.I

P•rticulan For the year ended For the year ended

A) Cash flow from ope1111ingmctlvltln

Net Operating profit before tax •nd extr• ordln•ry !lams 814,622 425,(!90

Adjustments for:-

Depreciation607,540 572,500

Profit on sale of Investments (3,847) -

Interest Income(4,472) -

Profit on redet11)tion of Mutual Fund --

Fair Value of Mutual Fund lnwstment -

-

Dividend Income- 18,319' -

-

Operating profit before working capital changes 806,303 425,090

(Increase) I Decrease In Other Current Assets 659,959 1,180,510

(Increase) I Decrease in Other non assets 572,500 572,500

(Increase) I Deaease In Trade Redevables (25,557,813) (47,326,268)

(Increase) I Decrease In Loan Recievables (259,733) 30,505,762

(Increase) I Deaease In lnventones (9,097,628) (6,972,944)

(lnaease) I Decrease In Shot-term other assets -

-

lnaease I (Daaease) in Long-term Provision -

-

lnaease I (Daaease) in Short -term Provision -

-

Increase I (Decrease) in Other current liabilltes (983,097) 2,754,154

lnaease I (Decrease) In Non-current Trade payable -

-

Increase I (Daaease) In CUIT8llt Trade payable 32,279,842 27,152,105

lnaea? I (Decrease) In Non-a.orrent Other current liabilites --

Increase I (Decrease) in Other financial liabilites - (2,386, 1701 - 7 865,819

Cash generated from operations (1,579,867) 8,290,909

Net dlreet taxas paid82,<MO 107,746

Net CHh from Operating Activities (1,662,307) 8,183,163

Bl Cull flow from Investing Activities

Purchase of fixed Assets (418,951) -

Fresh investment made in Subsidiary Companies -·-

Profit of Investments3,847 -

Interest received4,472 -

Dividend Income-

-

Proceeds from Sale of Investment -

-

Sale of Tangible Assets-

-

Net cHh. used in Investing activities 1410,6321 -

Net cull from operating and lnvaating activities (2,072,939) 8,183,163

C) Cash fl- from financing activities

Proceeds from Issuance of preference share capital -

-

1naeasel(deaease) Short term bom)Wings 2,443,894 (7,284,227)

Dividand Paid-

-

Tax paid on Dividend Distribution -

-

Interest paid-

-

Nat cesh from financing aclivltln2,443,894 (7,264,227)

Nat cesh from operating, investing & fln•ncial ;activities 370,955 918,936

Nat increase In cHh & cash equtval•nt370,955 918,936

Opening bmlance of cash & uah equtvalant 1,081,349 162,413

Cloalng bmlance of ceah & cesh equtvalant 1,452,304 1,081,349

Not.: Cash and cash equivalents Included In the Cash Flow Slalement comprise of the followlng:-

i) Cash balance in Hand1,111,6P5 430,842

ii) Balance with Banks:

a) In Current Accounts333,709 660,407

b) In Fixed Deposits-

-

Tobll 1,462,304 1 Ol1 349

Place: New Delhl

Date: 30.07.2020

?d o??haHofBoard of Directors of

- -· -?Polymers Umlted

.?LDirector

DIN :06406912

Auditor's Report on Quarterly Financial Results and Year to Date Result?of the Company ?ursuanttothe Regulation 33 of t?c SEBI (Listing Obligations and Disclosure Requirements) Regula hons, 2015

[CAJ,

__./

KAPIL DEV & ASSOCIATES

Chartered Accountants

OFF.: 31-A, NEW LAYAL PUR EXTN,

NEAR KRISHNA NAGAR DELHI-11 0051

Mobile Number +91-9718419047

E-mail: kapiluppal2007@gmail.com

TO THE BOARD OF DIRECTORS OFAMS Polymers Limited (Formerly, Sai Moh Auto Links Limited)

We have audited the quarterly financial results of AMS Polymers Limited (Formerly, Sai Moh Auto LinksLimited) for the quarter ended 3151 March, 2020 and the year to date results for the period from 015' ?pril, 2019to 3151 March, 2020, attached herewith, being submitted by the company pursuant to th_erequirements ofRegulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201?.Thesequarterly financial results as well as the year to date financial results have been prepared on the b?.1?o?theinterim financial statements, which are the responsibility of the company's management. Our responsibility is toexpress an opinion on these financial results based on our audit of such interim financial statements, which havebeen prepared in accordance with the recognition and measurement principles laid down in Indian AccountingStandard 34 (Ind AS 34) for Interim Financial Reporting, prescribed, under Section 133 of the Companies Act,2013 read with relevant rules issued thereunder; or by the Institute of Chartered Accountants of India, asapplicable and other accounting principles generally accepted in India.

We conducted our audit in accordance with the auditing standards generally accepted in India. Those standardsrequire that we plan and perform the audit to obtain reasonable assurance about whether the financial results arefree of material misstatement(s).An audit includes examining, on a test basis, evidence supporting the amountsdisclosed as financial results. An audit also includes assessing the accounting principles used and significantestimates made by management. We believe that our audit provides a reasonable basis for our opinion.Attention is drawn to the fact that the figures for the quarter ended 31 st March, 2020 and the correspondingquarter ended in the previous year as reported in these financial results are the balancing figures between auditedfigures in respect of full financial year and the published year to date figures up to the end of the third quarter ofthe relevant financial year.

In our opinion and to the best of our information and according to the explanations given to us these quarterlyfinancial results as well as the year to date results:

i. have been presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligationsand Disclosure Requirements) Regulations, 2015 in this regard; and

ii. give a true and fair view of the net profit/ loss and other financial information for the quarter ended 3151March, 2020 as well as the year to date results for the period from 0151 April, 2019 to 315' March, 2020.

Kapil Dev

Place: DelhiDate: 30/07/2020

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