kirloskar oil engines enrichin:g lives...kirloskar oil engines limited a kirloskar group company...

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KIRLOSKAR OIL ENGINES LIMITED A Kirloskar Group Company [fate: 30th October 2020 BSE' Scrip Code: 533293. To Corporate Relation.ship Departm. ent BSE Limited 1st Floo'I' ', Rotuncl. i3· Building,. Dalal Street, Hort, Mumbai - 400 001 be, ar sfr/Madam, This Is to inform you that: I Enrichin:g Lives NSE Scrip Cod.e: KIRLOSENG To Listi'rig Department Natio. na·1 Stock Exchange of India Ltd. Exchange Plaza, C-1, Block G, . Ba:r:idr:a-Kurla Complex, Bandra (E) , Mum_bal ~400 051 Pursuant to Regulations 30 and 33 of the, SEBI (Listing ObligatJo:r1s .and Disclosu(e Requirements) 2:0i5, please find enclosed herewith: 1. The Standalone and co·n· solidated Un-a. udited FinanciaJ Results of the Company for the quarter and half year ended 30 111 Septemb· er 2020, which were approved by the Board of Directors In hs meeting held on 30th Octob . er 2020; 2. A copy of Limited Review Re.po.rt of th.e Company, dated 3.Qth Octob : er 2020, received from PG BHAGWAT LLP, Charteted Account.anrs; Statutory Aμditors of the Company; Th'e me:eting of the 80 .ard of Directo.rs of the Company comrnen.ced at I~· ~5 p ri'J and ~oncluded at .\l .. Otf rn . You ar:e requested to ta. ke the same on your record, Thanking . yo'l:J, Y0urs fafthfullv, . .Par Klrloskar Oil Engines Limited ·Smita Raichurkar Comp.any Secretary End.~ As ab.ov.e . Regd . Office: L:lil xmanrao Kirloskar .Ro.i.d, Khadkt, Purie '111:00.3 INDfA. . f:>hone: +ll1 20 26. 81 0341 , 6608 .4000' Fax: +91 20 2581 :i::tes, 2sa 1 .0209 Toll Free. , aoo 233 ·3344 eman: info@kirloskar.com Website: www. kool .oo.in - CIN No .. '. L291 .0.0.PNtao9Pt..C1333. 51

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  • KIRLOSKAR OIL ENGINES LIMITED A Kirloskar Group Company

    [fate: 30th October 2020

    BSE' Scrip Code: 533293.

    To Corporate Relation.ship Departm.ent BSE Limited 1st Floo'I'', Rotuncl.i3· Building,. Dalal Street, Hort, Mumbai - 400 001

    be,ar sfr/Madam,

    This Is to inform you that:

    I Enrichin:g Lives

    NSE Scrip Cod.e: KIRLOSENG

    To Listi'rig Department Natio.na·1 Stock Exchange of India Ltd . Exchange Plaza, C-1, Block G,. Ba:r:idr:a-Kurla Complex, Bandra (E), Mum_bal ~400 051

    Pursuant to Regulations 30 and 33 of the, SEBI (Listing ObligatJo:r1s .and Disclosu(e Requirements) 2:0i5, please find enclosed herewith:

    1. The Standalone and co·n·solidated Un-a.udited FinanciaJ Results of the Company for the quarter and half year ended 30111 Septemb·er 2020, which were approved by the Board of Directors In hs meeting held on 30th Octob.er 2020;

    2. A copy of Limited Review Re.po.rt of th.e Company, dated 3.Qth Octob:er 2020, received from PG BHAGWAT LLP, Charteted Account.anrs; Statutory Aµditors of the Company;

    Th'e me:eting of the 80.ard of Directo.rs of the Company comrnen.ced at I~· ~5 pri'J and ~oncluded at .\l .. Otfrn .

    You ar:e requested to ta.ke the same on your record ,

    Thanking .yo'l:J,

    Y0urs fafthfullv, . .Par Klrloskar Oil Engines Limited

    ~O ~'~k-~~ ·Smita Raichurkar Comp.any Secretary

    End.~ As ab.ov.e.

    Regd . Office: L:lilxmanrao Kirloskar .Ro.i.d, Khadkt, Purie '111:00.3 INDfA. .f:>hone: +ll1 20 26.81 0341 , 6608 .4000' Fax: +91 20 2581 :i::tes, 2sa1 .0209 Toll Free. , aoo 233 ·3344

    eman: [email protected] Website: www.kool .oo.in -CIN No .. '. L291.0.0.PNtao9Pt..C1333.51

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    ICIRlOSKAJl OIL ENGINES :LIMITED CIJII : l.29.10:0Pfll20091'lC1Btl5l

    Registered ffi ~t: : Laxma rn ao Kfrkr;k . Road, Kh,1dkl, rune ~41.1003 STATEM£NT Of· 5TA'NDl\~ON_E UtlAuDITED HNAN(.IAL R£SULT.S FOR THE QUf\RTER P,ND tV,Lf 'n!AA.fNO~o·~ont SEPTEMBER 2020

    .Quart/!~ O!nded ffalf-vQar ,emled

    partkruJ;ii,; )0-()9-2.0W ~ -06-2020 30,09-lll.19 30,09-202Q 30-09-20.19

    Uh~lltl ited .Unamlitecf Unaudited Unaudited llnau):lit~d

    lncam"e,

    al Revenue from oper tiotlS 6G1.72 '2PM 681 0 9Si'.,J 6 1,4A.5.56

    b)'Other Jncorne f;.41 •1.t!). ~.n 11 .29 1'1..J..3 tTotaJ income &~.n 325_2(j 6!ll.01 993.39 1,466.69 •~pense.s

    aJ :C\1sl cf raw materia ls and component'~ ton 11ml!rl ru.!lll llLll"O 301 ,27 191.68 .G.36.SQ

    ~) Purd,a e or lr ded 30.od~ illJ.!, Sl.74 1'0 178.49 Tl4.13

    c) Ch nge.s in irive11to1ie i;,f fin ' hedgt>od,i. work•11 PfOll1=.ancJ 1[)'.52 39-flb (~.ta) ·!ro.38 11.smi traded goods

    d),En1ploye~ benefit c~pcnsa M .. 80 •1$.4 'S1. 2 ~6,44 llQ'.8J

    e) - nance r.osfs '\ .S1 O!ti tl.!l~ 2.33 u;;

    f) Oci:.,tedo\lon an,1 al)'IO,ti~auon e.r~ru.··· 1!, 07 14.7~ 16.36 2~ .. 62 ~ 5,1. ,t) Other !

    OefPm,1frax- 4.2!1 14.17)' (Qt(,) 00.6 (J 11

    Total Ta>< e,pn). 47.23c (:10.~()) Jf;M! 3.6.43 81 .09 -

    OrtiC"r 9l/TIP,fclien$ive- fn.tome J (£Kpcnse) Rl:'-m"

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    1 Sf.nemenJ ohssets and liabUitle, (Bal_ante'Sh.eet)

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  • 2. s~t.ement of Cash Flow

    PartlculatJl ·

    CASM 'FI.O\N Fil.O'Nl.OPtcAATJNG ACTII/ITI ES

    Profit betore'"Ta>t Ad !J!il'11\enl'$: to f(lcol'}C(le Pr·:OH't Ot:'fore ta~ to nett nh flOWh..

    Addr

    0 •pr~oat,on ~M A.1nofti.s11Mi1 lnventori~s wrirton ilo_wo Bad 1tep1s ~nct ,rr.,rsovet ble b.1fa rtc.o< W.rltt•n fl1em1.t.ht,.ld1r11 11-,1~r+v) $unl11 yiCr~iJl1 B.i lr1 111 A.ppmprt.,m,d

    Pmv151Qn~ !'I {u!'lge·r1 tlµtt't'.11 ,wrint'ln t,,,r:"-PeveJJU• fillin dMe,lerl Pr.G ,n,~nw

    , 1,,1,irest lr 111JJnl•~ o,v,"-IPt,1J ku:c,m~

    Operatfhg Pi·ollt b.r~,.., ""'1t~lnr, l 3.82 () 7~

    80.09

    c, · u 74.03

    O. L7

    2,80

    l.6A9 3.51 rt.03

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    ( 33')

    n 78) l.S.JE,

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    1115;23

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  • 3 The ·companv o·p'orates !n slnglcJ portabll! •egmern namely 'Engtm,s'.

    4 l11e aliove ,statement ha~ be.an prepar~d Jn.acr.ordanc wlih.the Companles (tndfan Ac,aundn~ Stand~• p~•1'/ ,i_w111ed ;,t M1DC1ndus1rlal e,tnt_s lod11d ova " "com as.pc, ;tandohme Ind J4'!, llmmtlal st:nein.enl.!i x_4ul)lng ft\leres.t cod of lrtd .A~ U6 n Capltal Redempuqn r~eNc =;,t,'.d fp.r equtl)! sh~tes buy batl! In FV 2012.~13. n Net worth ll,!l per se

  • P 'G BHAGWA. T LLP Chartered Accountants LLPIN: AAT-9949,

    HEAD 'OFFICE Suites. 1'02, ·ortffard'

    Dr. Pai Mar:g. Ba:ner, Pune .- 41'1045 Tel (0): 020 - 27290771/1772/1773

    Email ; [email protected] Weo: www.pgbhagwatea.com

    lndepe:nde,,.t A_udJtor's: Rev.ie.w Rcp-ort Oo ·sfandah,ne unaudited '()Uar't.er'ly and year to date financial results or the ompany P11rrsuant to. the ·Regulation 33 of the SE'BJ (L .i'sting Obiigations and Discf1>sure Rcqui.r.emcnts)

    Rcg,;lal:ions, .2015·

    The Ho·ard of Oi rectOl'S Kirloslfar Oil Engines Lirnited . ,L,:1xma1Jrao Kirloskar r~ml. K hadki, Pww4 11 003

    Wi: huwe ri::viewcil the accornJ>.anyi.ag Statement o.f 8tan_dalon~ uti:.iudi.t¢d fir1.l'£1iciol i·esult.s· of l{jrloskar. Oil Engi.nes. Limited COJ the petiod ended. J(llh Se,p(embe.r 2020 bein:g subrnittcd b the compan purS,Uant to. the reqo i,:ernen.t of reguJatirm JJ ofS.E BL !Li Liog Ob.ligaLiOn.5 and ail;e losurc -r~gui.J·cuHru:ils) R.e,guJ~tioos, ZO I 5, as amended.

    The.' p~cp.al'ai it1n ()f the Statement i.n. accMd:incc with the. tecqgn!t ion and mc:isur-ertre.ht pri.nc.iples. bi ;I down 'in IJ1dian Acclci'ui1!ing. tandar.d 34. (IIJJ A _ 4). '' fn(erfrn Fio:aiic.ial ·Rcp.ortiug'' pr,cscriheJ under SeotiM 133 o!\l1e o ,impanies AGL, 20 13 .. ii$ ami:nde'd, read wfrh rl:ile ont n1l:e,~ ·issued thereunder and orhe~ accou11tin g principl, genern.lly ac·cepted in fo.dia. ,,(:ad v11ilh t he Cin:: ular is the r~p(in~ifo ility nf th e Comp,ctn/s urauag~J.ncnt and has bee.m apµr_oyed by Uie )3Qard o(' DirectoJs ,o.Lthe C'ompt'Ui . Our respo.nsibUtty ·is to l'ssue a t:eport on tlie Statement based tm·

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    !(1Rl.0S~1Jl01L ENGINEli' LIMl1ID·

    CIN: ll!HO!)PN2009PLCU33Sl Rog 5\uf\U'.I o.ffh:: s I L.~tn!1f\r,)1"l l('ltle-1 .\I ,~oa, ~hJCUi.l. Putld . (I J 1003

    6TATEMENT OF 4'ff3l \JNA• IOITTD FI NAN(;J,'\L f\~U1f$ i-OR THE Qt/'.AJITEII MOHIILPYMIH NO:F.0: 30 El?tl:MBER Z010

    C-lfdar.,u

    P.1rt:.li:win:' Quarror e.oded ~i,Jf ,i,;;,r cn,J•d

    30-0!l,2020 .lCl-06-2020 30-0!t-"10~ ~0-0!>-1~0 ao--09,2019 UftavdillNI Unirqdl~l'.d v ,m 1d11.,c1: unaudtt~~ U ntiu d lli!!d

    lncott1e .1) Rever~ue flOm opttraw,nr. ~27.9!i 4n.~~ lllfi.!H 1; '0.2~ l.lil;l,'A° b) 0,1.h" lnrom~ h.!IZ 5H IL~~ !J.1\,1 2393 i:_ot,,/ i"eom

    ,1).0,m, or raw mf1rec:lbr.l1~n :nrid h'lnrtlr,;iliuo ~'i'ii.l 1JU2 'll ~1-~.!. O,E' 1~3.45 8,) nih#t H:,dT',,nOf\ 1">4el!> 'VJ th. J7) Ai,o.iroJa>S (e to «l 151. ,6~ ~'36.68 ,11 •. i~ l,111!!.E J,628:06 P,cfi V!L=l befo,,~-.,•o.i:pthmm t\etrf~ an~ lilJI 8-2..8 (!1.:1'1 ) 41.89 1'l.!J9 113.16 Exot,,,pt lortL1 l 1'Q: 11'1::,, - tUIP'"'nii~i /' 1Ht»nT~ JoA!l [(>~ P,olt l fl l=I hefo,,c r.~ la +,4l 112:23 f9.i4J $8.38 72.99 B():zs , ~~mt'~nw ; CIJT'r'~l l., .l9Al l .'I~ l!\.'.> 7 7..UC 44.0, Wel,,rred rax 330 J!,.utilllle to: a) r)wnws f t.ht• Comr, n·y ''1~::/! ir,,11of .19.2}) '~l .ll g~ 1':i b) lvrn),.('(!T'lrt.1IIIOA" 111t'.1:.n-•~1 ,L,.ql\ 0. 1a ll.!f.L Ul'J L,51 r~,d-1,11 ~ll•UtY ir 11M dttul~~ El'S ( ~!lfa, O• al11~ of il;.2.o,ach) 3 'la J0.4SI '1..77 ~n '/.98 not ruu\ui11lze(J t

    Yi>a! elld

  • Jl;il •hlt1 l. Not.c:s,

    l The Paronl Company o.p~rit 111 ,1nglo11tblhle ,-..~mo« nemtil 'f-n1rme ·. How ,,. a ·~oim,ll~ated lev~I ~he G«,u1Th>1S 1de,nt10ed thfllil. rePQr1ahlc s~cmenrs namely 'En.giMs'', 'El~rtrle Pu_mp;' and 'Rn11ncl~I Se-tvfl'.t!S'. 11,. li!entlfitatlon ot opt!fi!llng S!'.Rntenls Is ,COfl5fsten with p,1rtorm Me as enm•nt ah .• 0_:, .&'.• - ! 76.0 5 6G.G5\ Unallv ,ted' a~e tll)'AI\ H 't.41, •ll4.&11 b~l,4H ,1HM 1t·.~

    TO"TI\LA5SE.T5 335.!i.40 2781. 91 259~'.t9 ntt.40 0

    2.594.29 l761,89

    ~EGMENT LIA\!l~lTll:S,

    t~W''"'' A~ f (~ 3J1}.-ii 41l!',,(Jll -'I~ !,., 4Dl108 4%.9(1 ~IPJ:1Tlt"P

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    ( I Proi:t• y. p/Jnt,1nrl .equlpm n \b.l Cir, al Wnr~., .. µ,ow,"' (,n11yhl '1J.l-,1w &set!. Jdl~ooJw,11 .,,~, CJ thef llit~,nen 1lt:1. - ~!rl,t.& If) lf'Jla'11fjil.tl~ ,U:ait."' u11iiur d.~v,•lb~)m.J1'1 (t ; ~lh1.lil-11.tJtl ~ .

    (I) lnva,lmont5 il) rra,1t' fi r-lV{t)IC:.

    (111) P.e.!.elVdlJl~!ii ol Fl no1:1r1tl,~l !,en,i0;):l~lr.ie£..-. (i,J LM11, (VJ 0tJ 1ft1 fl,rdt •r.l,J ;-1 ,:.1

    fhl llekrl'

    flJ ll1vbitino.:11~!:: (11

    1} ~I (U11T mcni\11blc.:,

    flll~~!lhd.f\lJ~I~ l:!:t lUIViili-11 1 ~

    (;~) flll..~ ill), < d~ ar,u a.11,r.rpqv.thl~

    - torul outstar1dl1if. rtu ··1Jtl't\itm.l:!nl~nr ~" ,,!'Id ';l:nall li".:nl~•l•rfQ!.( • tornl t'J\Jl~rtdl,,~ t1!1 ,. nt trt!d/rDr:~o!ihr-r- •.tv,,, micro ant jnii:,!"' und..11.:1 . ,i12 rn )! .w )28 •

    81!.•17 l~ .25 U2J}[I J.il(j,

    J ,ll .0..26

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    BC 01 1 1!> 76 2,JSJ .'IO t.679.1~ i ,lSl,40 . ,761.a!I

    ':IJIO ?.761.flg

    Q1>J11d ••• 4

  • 1 St tcmr.i.nt. of Ca:i:h Flow If fn.Cron;s I

    ' Cdn,j]IJr:rated

    J'uJ1ia,lqrs /IS al 30,02:2020 A.Ul30-()g-.20(9 11,, ~u1-0:i-:i.o:ro

    vn~uditell UnJudlted Aucfile'd

    CASH F~OW FREIM OPERATING ACTIVITifS 72.99 130.l,S :/,M.7Q

    P.rofit beJ,jre f;u, 1ttJJ,1d.'munti tq tJ!l!L.•~ Ir pr1J/i1 tu>[MP /n:o( t,J_ntTt,D ,.t:t, /lt.1~ Ad(!:

    DePr~CJn\1i,n and "'"'" ~~t1Qn 40.2.3 43.A' llt.3~ lnvenmril!l wrrtte11,jowi, Ii4S 'l.Al 5.~Q

    OJd ci~bu • nit Irr~ VfJ I 0

    hlt! 1,i'1lanr~ wnttan lift 0 2 1 0 11 2~H

    Pruvb. ion fcif do.ul'.irl'ul r1PHh . .!n1d :udv-~nr--~. (rii,'it) {l1,r+l11rilnl( e xpe.rt.!!d Q'),dlr Jo.-~) TH1 / J Jl. &.>19 I~ flp.-nllt) on 111,.,.1ot1.,.rior, .on lrnp.oru ~ay ol~ 0 1); (9.01) 0 0 ,i....Q~ I prdlt) cr..i RJ.'vi11Pr:i'-nti,.u~ r:,n r c:port..s. Re~1vut>-l11 ! 05. (J, tl! ~ .~.) '°""' 011 Rev lorl'.sat1on o;o r o,.,. Lb ns . Ll'I P.r'bYISh>n!, of ~tiilre D~t.~d ~t.y(tiR1(1t's 141 2.!a ~-11'

    ' IJJ11'.eillbed'.Ci O.t~. I Hl~nr.e CO:il l 1..03 s.119· 14..:l l fll'l"IOrt1s:n1on 01' rent-axpeh!.'!!, 11.2 Ofil I 41

    SS.8& 57.70 1:U.lG

    l.e!'ase) I O"o-•~•~ n llet1e1vabl ffl f IIHITlcldH,~1'\l.fCC 8u~lllU$ 11 4\1.9$) (1 0.28] (3B:l ,l-T) liner-. , •t I D1errea:1e ri, 1011.enl\it'tes 7!,- 43 tn.o91 (i.0113) lnmiase / l'Oecre,,s• ) 1n r, o,i t•dotb'1/ l'l,\'ilbl1>J l.O .. W 11° rnJ t MJ 1ncroase/ l D"e 1, 7 (d"""'-iis>-!) n ca'.41,nd ·'4!il'\ oqulv~l~nt, 1. 6.8~ , .. :69) lj~.1,g OPi!nJng Cllih.'fod Ca.~h eq1,i, 1it~nts 12$.~.\ 61 ,74 'EJ.74

    CIQsing.ca,~ anct castrequlvalMll U~.lff S7.Q&· Ull.3A

    COJ'td ... S

  • ,i l\s p~r IND' II.) l0_8. ''Opernlif1t S, pe_ratio,,s :uf f1•n detl 11s fin~rt c!»I servic• tl"QUBh wh.QIIY 1>«1nl'

  • P G·BHAGWAT LLP C.nartered Accountants LLPIN: AAT-9949

    HEAD OFFICE Suites 102, ·or.chard'

    D"r. Pai Marg, Saner, Pune - 411.045 Tel (0): 020 - 272-90771/17?.2/177'J

    Email:· pgb@pgbhagwatc_a.com Web: www.p.gbhagwatca.com

    Indfpemlent Au.ditor'~ Review Report On consolidated unaudjfed .quarterly and year to date finaociai results ol the Com pany Pursui1J1t to the Rcg~tioo 33 of the SEB1 (Listing Obligations and Dis.closm:c Requirem ents) Regulations . . 2015

    D1t: Boanl of Di"rett1ws: Kirloskar Oil El)gines Limtted · L:tmianrno K!rloskru: n)ad. K bad.ki. l'u ne 4 ! l OOJ

    I. We hllve rev'i(!wed the accompanying Statement of Con~olidated U'n;;rndited Financial Result! of Kirloskar Oil Eng_ines Limited ("the l~ure11t'' ) and its sub idJaries {the Pare·nt and its ·~ubsid"iuriizs together rclerr:e.d to tls "th ·· Gmup" . l'.or the period ended 30th ~t!ptcmber 2020 being submixted hy lhe Parent pursutmt to the requjre-ment of Regulation .B of ihe SEI! l (Usting

    b!1galion:.. and Disclo ·u1"t'. Requi rement ) Regulations. 20 15. a. amendea.

    2. 'Che preparation of the $tati.::mcnt in accordan.ci.-: with tile· recognition and mcusurc111em priiwiples h:iid d

  • P ~ BHAGV.VA T LLP Chartered Accountants LLPIN: AAT:9949

    7. l he co11-st,lidated 1utnu.ditcd tinaucjal result.~ in·clud.:s lhQ interim ii11:uci:,d ioforni:1tiri11 of-on subs idiri1)' which hav~ nol been -i1:tv'k\ ad/auJited b tlfoir audftor:; an'd :11avc been fumLhcd to us bv the management, whHs' i nterim llnaneial InronnaHon re flect tot al a sets ~f Rs. I" .. )9 en; as at 301.h Sept 2_020 w1d total rt>vc~m·; ot' R~- I 0.68 cr. and Rs-.8.6S: crs. total ;)ct prolitli loss) 11fkr 1ax of 11 s.O. l(J crs nlld Rs. 0.09 er .. total llOmp1-e h.c11~ive income .MR .CU 6 ccs (tnd Rs. O.OlJ ,·i:s for the per.iod l'rum f.st April -020 to JO th Sept 2020. ,Md for the quarter ended JOrh , cpt 2020 respectively and cash flows (net) of R.5. ( I JS-) crs. foi: th~ period From. lsLApril 2Q20 to 30l_h ,Sep_! 2020 a~ con~irjered in Jhe consolidutcd unaudited financial te:wlts. Ac1:ording W the i.11 fomrnti0n and e,x:pfanation,; givt'll to us by lh~ Managernri!'uL I.be e i,nterim 'litt!lllcial ip formation are not matcri.ol to the .GrCiup. Our i.::.onclusim1 on .the State1ncnt 'is nol modified in respect oflhe above matk r.

    PG BHAGWAT .LLP Cllartered -Aoc_ountants FRN : 101118W / W100682

    Sanjay Athavale Partner Membership No. s;3374 Pur,ie : 30.10.2:020

    IJOJN -: 20083374AAAA FY · 0 3

    M/s. P.G. Bhagwat a partnership firm was converted and incorporated as LLP .from 2am September 2020 .2·