MUKAT PIPES LIMITED

AN ISO 9001-2008 COMPANY

Manufacturers of Large Diameter SAW Pipes

-Longitudinal

REF/MPLl20161/

Welded

-Spiral Welded

/9 r

Correspondence Address :Rajpura- Patiala Road,

Rajpura - 140401 (Punjab)
Phone
: +91 1762-225040, 325498
Fax:
+91 1762-222390
e-mail:
mukat@mukatpipes.com
mukatpipes@gmail.com
Website:
www.mukatpipes.com
CIN No. : L27200MH1987PLC044407

Date: 08.11.2016

The Manager
Department of Corporate Services
BSE Limited.
Dalal Street
Mumbai.
Dear Sir,
Ref: Stock Code - 532832
Sub: Submission of Financial Results under Regulation 33 of the SEBI (Listing
Obligations and Disclosure Requirements) for the Quarter and Half Year ended 30th
September, 2016.
Dear Sir,
As required under Regulation 33 of the SEBI (Listing Obligations and Disclosure
Requirements), 2015, we are enclosing herewith following documents for the quarter and half
year ended 30th September, 2016 for your reference and records.
1. Un-Audited Financial Results for the Quarter and Half year ended 30th September, 2016
2. Limited Review Report
Please take the same on your records.
Thanking you,

MUKAT

-----------------------Regd.Office:-----------------------39, Parag Apartments, 7th Floor, J.P. Road, Versova, Andheri (West) Mumbai - 400061

MUKAT PIPES LIMITED

CIN: L27200MH1987PLC044407
Regd. Office: Flat No. 39, Parag Apartments, 7th Floor, J.P. Road, Versova, Andheri (West) Mumbai-400061
Email: mukatpipes@gmail.com
Website: www.mukatpipes.com
UNAUDITED FINANCIAL RESULTS
FOR THE QUARTER AND HALF YEAR ENDED 30th SEPTEMBER, 2016
Particulars

3 Months Ended
30.09.2016

Preceding 3 months
ended (30/06/2016)

Corresponding 3 months
ended (30/09/2015)
In the previous year

Year to date figures for

current 6 months period
ended (30/09/2016)

Year to date figures for

previous 6 months period
ended (3010912015)

Previous Year ended

UNAUDITED
(Rs.in lacs)

UNAUDITED
(Rs.in lacs)

UNAUDITED
(Rs.in lacs)

UNAUDITED
(Rs.in lacs)

UNAUDITED
(Rs.in lacs)

AUDITED
(Rs.in lacs)

(3110312016)

1. Income from Operations

166.36
0.00
166.36

171.61
0.00
171.61

106.41
0.00
106.41

337.97
0.00
337.97

249.83
0.00
249.83

576.29
0.00
576.29

61.56
0.00
58.86

132.31
0.00
(58.19)

5.57
0.00
12.73

193.87
0.00
0.67

15.28
0.00
40.62

86.30
0.00
(5.13)

20.57
3.48
28.36
172.83
(6.47)

22.38
2.85
96.71
196.06
(24.45)

25.29
2.30
60.11
106.00
0.41

42.95
6.33
125.07
368.89
(30.92)

54.42
5.15
136.30
251.77
(1.94)

122.45
12.42
351.18
567.22
9.07

0.00

0.19

0.02

0.19

0.02

4.12

{6.471

(24.26
0.97

0.43
0.84

(30.73

(1.92)

13.19
2.87

(13.181
50.35

(25.23

(0.411

(38.41

0.00

0.00

50.35

(2.76)
0.00

10.32
0.00

37.17
0.00

(25.23
0.00

(O.41)
0.00

11.94
0.00

(2.76)
0.00

10.32
0.00

11. Net Profit floss from Ordinary Activities atter tax (9.!,10)

37.17

(25.23

(0.41)

11.94

(2.76)

10.32

12. Extraordinary

0.00
37.17

0.00
(25.23)

0.00
(0.41)

0.00
11.94

0.00
(2.76)

0.00
10.32

591.50

783.00

591.50

783.00

(a) Net Sales/Income from Operations (Net of excise duty)

(b) other Operating Income

Total income from operations (net)

2. Expenses
(a) Cost

of materials

consumed

(b) Purchases of stcck-m-trade

(c) Changes
and stock

in inventories

(d) Employee

benefits

(e) Deprecictlon
(f)

of finished

goods,

work-in-

progress

-in-trade
expense

and amortisation expense

Other expenses

Total expenses
3. Profltl(Lossl

from operations before other Income,

finance costs and exceptional Items (1-2)

4. Other Income
5. ProfitlLoss from Ordinary Activities before finance costs and
exceDtlonalltems (3+4}

6.71

6. Finance costs
7. ProfitllLoss) from Ordinary Activities after finance costs but
before excentlonalltems
5+6
8. Exceptional items
9. Profit I(Loss) from Ordinary Activities before tax (7.!,8)
10. Tax expense

items (net of tax expense Rs ..... Lacs)

13. Net Profit/lLoss)

forth.

period 111;!:12)

14. Paid-up equity share capital (F.V. of Rs. 5/- each except for the
Quarter anJ half year ended 30.09.2015)
15. Reserves excluding Revaluation Reserve as per balance sheet
of nrevious accountino vear
16(1). Earning Per Share
i) (Before extraordinary items) (F,V. of Rs. 5/- each except for the
Quarter and half vear ended 30.09.2015) (not annualized)
16{li). Earning Per Share
(ii) (After extraordinary Items) (F.V. of Rs. 5/- each except for the
Ouarter an" h.1f vea

591.50

7.68

0.84

591.50
(1118.38)

0.314

(0.213)

(0.005)

0.101

(0.035)

0.087

0.314

(0.213)

(0.005)

0.101

(0.035)

0.087

Note:-l.The
above unaudited financial results have been reviewed by Audit committee
on 08.11.2016 and are subjectto
limited review by Auditors of the Company.

and approved

& taken on record by the Board of Directors

at its meeting

held

2. As the company's business activity falls within a single primary business segment viz Longitudinal
& Helical Pipes" and Is a single geographical segment, the
disclosure requirements of Accounting Standard (AS-17) "Segment Reporting:, notified by the Companies (Accounting
Standards) Rules, 2006 are not applicable.
3. The company's

year end is March, 2017 and accordingly

this is the 2nd quarter ofthe

4. No provision for income tax has been made for the current year as company
however if any liabilities arises, the same shall be provided at year end.
5. In the opinion

of board, there is no Impairment

6. There is nolany change in the Business

results of the current

does not envisage

year.

any tax liability

Including

MAT liability

in view of overall losses,

of assets as on 30.09.2016

Activities

& Accounting

Policies

etc. of the company.

7. Previous periodslyears figures have been regroupedlreclassifed

where necessary to confirm to this quarter's classification.
As per advice of our auditors MIs. R.P.
Bhambri & Co. Income from job work have been regrouped with Income from Operations. Earlier it was shown in O1her Income. The details are as follows, Qtr. ended
30-062016, Rs.60.47 Lacs Qtr. ended 30-09-2015 & Rs.67.68 Lacs and half year ended 30-09-2015 Rs.151.25 Lacs.
B

Order of the Board

Place: RAJPURA
Date: 08.11.2016

MUKAT PIPES LIMITED

STATEMENT

OF ASSETS AND LIABILITIES

(Rs. In Lacs)

S.No.

Particulars

As at
30th September, 2016

31st March, 2016

Unaudited
A
1

2
3
4

B
1

EQUITY AND LIABILITIES

Shareholders' Fund:
(a Share Capital
(b Reserve & surplus
(c Money received against share warrants
Sub-tctal Shareholders' funds
Share application money pending allotment
Minority Interest
Non current liabilities
(a) Long-term borrowings
(b) Deferred tax liabilities (net)
(c) Other long -term liabilities
(d) Long-term provisions
Subtotal Non Current Liabilities
Current Liabilities:
(a Short-term borrowings
(b Trade payables
(c) Other current liabilities
(d) Short-term provisions
sub-total Current Liabilities
TOTALEQUITY AND LIABILITIES
ASSETS
Non current assets:
(a) Fixed assets
(b Goodwill on consolidation
(c .Non-current investments
(d) Deferred tax assets (net)
(e Long-term loans and advances
(f) Other non current assets
sub-tctat Non Current assets
Current assets:
(a Current investments
(b) Inventories
(c Trade receivables
d Cash & cash equivalents
e Short term loans and advances
(f) Other current assets
. sub-totat Current assets
TOTALASSETS

/
{

Audited

591.50
(1106.44)
0.00
(514.94)

591.50
(1118.38)
0.00
(526.88)

311.53
35.97
0.00
0.00
347.50

312.13
35.97
0.00
0.00
348.10

0.00
150.01
748.90
0.00
898.91
731.47

0.00
224.83
628.32
0.00
853.15
674.37

170.20
0.00
0.00
0.00
60.45
0.00
230.65

176.53
0.00
0.00
0.00
54.99
0.00
231.52

0.00
121.85
242.05
34.90
102.02
0.00
\
500.82
731~

0.00
123.90
185.48
33.82
99.65
0.00
~2.85
/674.37

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R.P BHAMBRI & co.

CHARTERED ACCOUNTANTS

Ph: 0175-2217015
8, Yadvindra Colony,
The Mall,
PATIALA-147001.
Annexure V

Review Report to
The Board of Directors,
Mukat Pipes Limited.
We have reviewed the accompanying statement of unaudited financial results of Mukat
Pipes Limited for the period ended 30-09-2016. 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 Financial Statements 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. However,
we observe that the company has been including income from job work in other income in
the financial results published earlier. But in view presenting a comparative statement the
same has been regrouped with income from operations. The details of amounts so
regrouped are as under:
Quarter Ended 30-06-2016 - Rs.60.47 Lacs
Quarter Ended 30-09-2015 - Rs. 67.68 Lacs
'{alf year Ended 30-09-2015 - Rs.151.25 Lacs
Based on our review conducted as above, nothing has come to our attention that causes us
to believe that the accompanying statement of unaudited financial results prepared in
accordance with applicable accounting standards and other recognised accounting
practices and policies has not disclosed the information required to be disclosed in terms of
Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 including the manner in which it is to be disclosed, or that it contains any material
misstatement.

Place of signature: Patiala

Date
: 08-11-2016