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en®haflhaenul.CIN : L24110MH1984PLC033917PIEGD. OFFICE51 -52, FBEE PPESS HOUSE,FF3EE PF3ESS JOuF]NAL MAF`G,NAPllMAN POINT,

MUMBAl 400 021.

TEL : (91-22)22833355/22834182FAX : (91-22)22049946E-MAIL

WEBrama@ramagroup.co.inwww.ramaphosphates.com

Ref : RPL/BMD/2021Date : January 29, 2021

TO,

Bombay Stock Exchange LimitedCorporate Relationship DepartmentPhiroze Jeejeebhoy Towers,Dalal Street, Fort,ELMBAl 400|2QI

Nameofthecompany : RAMAPHOSPHATESLIMITEDBSE Scrip code : 524037

Dear Sir,

We wish to inform you that at the Meeting held today the Board has approvedUnaudited Financial Results for the quarter and nine months period ended December2020.

Pursuant to Regulation 33 of SEBl (Listing Obligation and Disclosure Requirements),harah`i anrlhee llnaudited Financial Results along with Limited Review Report issued__ _ _J.I__ --,hereby enclose Unaudited Financial liesuits along WHH L.iiii`cu .` .,.. „ .`.r_.. ._____ ,thestatutoryauditorsM/s.Khandelwal&MehtaLLPforthequarterandninemonthsperiodended December 31, 2020,

The Meeting of the Board of Directors of the Company Commenced at 2:00 p.in. andconcluded at 2:35 p.in.

We request you to kindly take the same on records.

Thanking you,

Yours faithfully,For RAIVIA PHOSPHATES LIMITED

#frojrej¥BHAVNA DAVECOMPANY SECRETARY

Ep± : a/a

Weby

PuNE : AT (POST) LONI KALBHOPl, PUNE SOLAPUP BOAD, TALUKA HAVELl, DIST. PUNE -412201.TEL : (020) 26914642 /26915510 . Fax : (020) 26913479 . E-mail : rama.pune@ ramagroup.co.in

IND0l]E : 20/4, K. M. STONE, lNDOF`E-UJJAIN POAD,VILLAGEPIAJODA,NEAB DHAF"PUPll, DIST. INDOF`E-453551.(M.P.)TEL. : (07321 ) 226216 . FAX : 07321 -226 586 . E-MAIL : rama.indore @ ramagroup.co.in

uDAIPuf] : 4807/11, UMF`AJHAMAPIKO"A POAD, TEHSIL -GIPIWA, DIST. UDAIPUPl -313 901, PIAJASTHAN.TEL. : 07230007448/49 . FAX : (0294) 2342070 . E-MAIL : rama.udaipur@ ramagroup.co.in

soma q!hosphakes Li;ndete,I TE I f `ff C` 63hq# ti`P 3 : :8 ¢S ,i 5 €®T.¢FS,1,u3. .I,5]

Regtl. once : 5115Z, FREE F.FtESS HOLJSE. NARlmAN PolNT, MUMBAI 4co21

ciN NuueER -L24iiouHi984pLc0339i7WEB ADDRESS - `rmmr.ramaphcepltafes.com

Email : ranm@ramagroup.co.Ln

Tal : 022-2283 335S/6154 5100 Fax :022-22049946

UNAUDITED FINANCIAL RESULTS

ForthcQuarter&Ninemonthsended31stD¢ocmber2020

GEE

a: in her)

Sr, Partl€ulars

Quuter Hnded Nine months ended Year ended3lstManeh2020Slat 30th Slat Slat Slat

No, December September Daember December December.2020 2020 2019 2020 2019

1 2 3 4 S 6

qunaudlted) (Audlted)

1 Net Salesflnoome from Operations 15,141.71 11.480.25 11,657.51 37,L49.12 35,181.68 44,843.42

2 Other Income 12.12 10.30 1 I . 90 45.76 42.88 155.47

3 Total Income 15.|S3.83 11,490.55 11.669.41 37,194.88 35£24.S6 44,998.89

4 Total Expenditure

(a) Cost of Raw Materials Cormuned 12,898.10 6,135.45 8,434.09 24,911.96 24,783.4931,589.90

a) Purchase of Traded goods 152.42 19.09 67.79 194.50 115.02218.74(1,097.90)

(o) Changes in inventories offinished goods, (2,400.87) 735.25 (700.88) (I,125.07) (543.85)

work-in-progress and stock-in-trade

(d) Employees benefit expemes 677.64 622.36 664.75 I,900.77I,798.72 2,516.81

(e) Selling & Distribution Expenses 891.06 I,080.94 936.39 3,297.323,138.30 3'796.16

® Finance Cost 16.81 52.23 26.94 121.44 255.69 261.21

(g) Depreciation 118.39 109.28 94.63 333.40 277.28391.98

a) Other Expenditure I,327.71 1,199.23 I,421.69 3,649.44 3,866.095,443.52

(i) Total Expenses 13.681.26 9.953.83 10,945.40 33£83.76 33,690.74 43,120.42

5 Prorit from opeiution8 before exceptional Items 1'472.57 1'536.72 724.01 3'911.12 1'533.82 I,878.47

and extra ordimry items (34)6 Exceptional items7 Profit before extra ordinary Items (5-0 1'472.57 1'536.72 724.01 3,911.12 I,533.82 1,878.47

8 Extraordinny items 305.27 305.27

9 Profit before Tar (7-8) I,472.57 I.536.72 724.01 3.911.12 I.839.09 2,183.74

10 Provision for Taxationi) inoome Ten 404.64 399.49 190.38 1,049.12 415.57 536.42

ii) Def-d Tax (79.49) 7.41 (147.93) (72.09) (93.36) (119.89)iii) Tax for Earlier Years

Total Tax Expenses 32S.I§ 406.90 42.4§ 977.03 322.21 416.53

11 Profit fol. the period (9-10) I.147.42 1'129.82 681.56 2'934.09 1'§16.88 1'767.21

12 Other Comprehensive Income (OCI)Items that will not be recJassilied to Holit or Loss

i) Reneasurement gain/(loss) on defined benefit plan (27.07) (21.21) (21.54) (80.20) (61.50) (86.83)ii) Gain / a,oss) on Fair Value of Investments 0.80 (3.01) (4.76) (7.65) (7.25) (7.25)iii) Income tax relating to Items that will not be

6.81 5.34 5.52 20.18 1 1.78 21.85reclassified to Profit or LossTotal Other Comprehensive Income (OCI) net of tax (19.4® (18.88) (20.78) (67.67) (56.97) (72.23)

13 Total Comprehensive Income (11-12) I,127.96 I,Ilo.94 660.78 2,866.42 1,459.91 1,694.98

14 Paid Up Equity Share CapitalI,767.43 I,767.43 I,767.43 1,767.43 I,767.43 I,767.43(I.'ace Value of Rs.10/-Per Shore)

15 Reserves Excluding Revaluation 14,841.44

16 Eaniing Per Share (EPS) in RupeesBasic & Diluted EPS (not anrmalised) 6.38 6.29 3.74 16.22 8.26 9,59

Sowing See{ls for theGrowingneeds...„.~Igo-9001 =200a

Page -I -

Sr,No, Partl€u]ars Quarter Ended` Nln€ montlis ended Year endedSlatMarch

3|st 30th 3lst 31st SlatDecembei. Septembei. December December December 2020

2020 2020 2019 2020 2019

aJmudited) (Audited)I Segment revenue

Fertilisers & Chemieals 9,579.51 11,208.76 9.945.02 30,956.05 27,899.53 35,558.00

Sops/Agri 5'562.20 271.49 1'712.49 6,193.07 7'282.I 5 9,285.42

Net sales / Income from operations 15,141.71 11,480.2S 11,657.51 37,149.12 3§,181.68 44,843.42

2345 Segment resultProfit after dapreoiation but before lnt. & TaxationFertilisers & Chemieals I,341.83 I,786.35 876.91 4,330.78 2,305.01 3,029.61

Soya/Agri 245.79 (40.71) 42.84 83.32 (24.11) (288.83)

Total 1.587.62 I.745.64 919.75 4,414.10 2¢80.90 2'740.78

Less :

i) Interest (16.81) (52.23) (26.94) (121.44) (255.69) (261.21)

ii) Other un- allooable expenses - net (98.24) (156.69) (168.80) (381.54) (491.39) (601.10)

Profit before Tax & Exoeptional item I,472.57 I,S36.72 724.01 3.911.12 1533.82 I.878.47

Exceptional item 305.27 305.27

Profit before ten 1'472.57 1,sO6.72 724.01 3,911.12 1'839.09 Z.183.74

Segment AssetsFertilisers & Chemicals 24884.87 25,299.42 24,520.88 24884.87 24,520.88 26,543.59

SoyalAgri 5,834.19 2,510.71 3,085.51 5,834.19 3,085.51 2,725.92

Unallocable 402.16 285.04 1,188.99 402.16 1.188.99 628.08

Total 31,121.22 28,095.17 28,795.38 31.121.22 28,795.38 29,897.§9

Segment Llat.llitie8Fertili8em & Chemicals 6,954.87 8,540.65 8,552.10 6,954.87 8,552.10 12,214.70

Soya/Agri 3,452.63 506.43 2,545.90 3,452.63 2,545.90 566.90

Unallooable I,415.62 891.34 1,091.23 1,415.62 I,091.23 507. 1 I

Total 11'823.12 9,938.42 12,189.23 11.823.12 12,189.23 13288.71

Total Capital Hmplnyed (3-4) 19.298.10 18.156.75 16'606.15 19£98.10 16,606.15 16'608.88

Notes:1 ) The above result have been reviewed by the Audit Committee and were taken on the record by the Board at their Board meeting

held on 29th January, 2021. The statutory Auditor have carried out a Limited Review of the Unaudited Financial Result for the

quarter ended 31 st December, 2020.

2) The Company has commenced commercial production at its newly set up facility at Udaipur plant to manufacture 50 TPDLABSA w.e.f. 27th January 2021.

3) The Company has successfully commenced trial production of 170 TPD Sulphuric Acid alongwith Oleums and Chloro SulphonicAcid (CSA) at its newly set up facility at lndore plant. Commercial production of same is likely to commence shortly.

4) Tax, Including Deferred tax is accounted based on quarterly results and difference, if any, will be adjusted in the last quarter forannual tax/deferred tax.

5) The Statement has been prepared in accordance with the Companies (Indian Accounting Standard) Rules, 2015 (IndAs)prescribed under section 133 of the Companies Act, 2013 and the other recognised accounting practices and policies to the

6) Figures of the previous quarter/period have been regrouped/rearranged, whereever necessary to make them comparable.

Place : MunbalDate : 29th January, 2021

Page -2 -

Khandelwal & Mehta LLPCliartered Accountants

(LLP No.AAE-3742)

Independent Auditor's Report on Quarterly and Nine months ended Umudited Financial Results ofRampho§phate§LimifedpursuanttotheRegulation33ofthesEBl(ListinoobligationsandDi§closureRequirements) Regulations, 2015

To,The Board of Direotor8,Rama Phosphates LimitedMumbal.

1. We have reviewed the acoompanying statement of unaudited financial results of Rama PhosphatesLimifed ("the Company') for the quarter and nine months ended 3181 December, 2020, attached herewith,being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBl (ListingObligations and Disclosure Requirements) Regulations, 2015 ("the Regulation") as amended, read withSEBI Ciroular No. CIR/CFD/CMDl/44/2019 dated March 29, 2019 ("the Circular").

2. The preparation of the statement in accordance with the recognitl.on and measurement principles laid downin Indian Accounting Standard 34, (lnd AS 34) "Interim Financial Reporting" prescribed under Section 133of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting

principles generally accepted in India, read with the Ciroular, is the responsibility of the Company'smanagement and has been approved by the Board of Directors of the Company. Our responsibility is toexpress a Conclusion on the Statement based on our review.

3. We conducted our review of the Statement in accordance with the Standard on Review Engagements

(SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entityissued by the Institute of Charfered Acoountants of India. This standard requires that we plan and performthe review to obtain moderate assurance as to whether the Statement is free of material misstatement. Areview 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, wedo not express an audit opinion.

4. Based on our review conducted as above, nothing has come to our attention that causes us to believe thatthe accompanying Statement, prepared in acoordance with the recognition and measurement principleslaid down in the aforesaid Indian Accounting Standards ("lnd AS") specified under Section 133 of theCompanies Act 2013 a§ amended, read with relevant rules issued thereunder and other recognisedaccounting practices and policies has not disclosed the information required to be disclosed in terms of theRegulation, read with the Cjroular, including the manner in which it is to be disclesed, or that it contains any

material misstatement.

For Khandelwal & Mehta LLPCharfered Acoountants

(Firm Regn.no.W100084)c-dt,"L

SU NI L ±ahrd-VAL_--i-_ -~®LAKHMICHAND==="-a_

S.L Khandelwal(Palner)

Men. No.101388

Place : Mumbai

Date : 29th Januay, 2021.

Office nos.6 & 7,18t Floor, Kamanwala Chambers, Sir P.M. Road, Fort, Mumbai -400001• e-mail : contact.knmllp@gmail.com

Partners : S.L. Khandelwal -098212 45353 . J.D. Lalwani -070457 45727GSTIN : 27AAPFK6261NIZL