A

Regd. Office & Works :

Shirai, Dist. : Kolhapur - 416 103
Maharashtra. (India)
Tel.
00-91-2322-661500
Fax : 00-91-2322-661546
E-mail: kpt.ho@kpt.co.in
www.kpt.co.in

~J" ~~!RTOOLSLTD.

CIN- L29130MH1976PLC019147

KPT/SECR/STEX/16-17

www.listing.bseindia.com

11th November, 2016

BSE Limited
Corporate Relationship Department
2"d Floor, New Trading Ring,
P.J. Towers, Dalal Street.
MUMBAI 400 001

Dear Sir,
Pursuant to Regulation 33 read with Para A of Part A of Schedule Ill of the SEBI (Listing
Obligations and Djsclosure Requirements) Regulations, 2015, we are enclosing herewith the
Certificate alongwith statement of Unaudited Financial Results for the quarter ended on
1
30 h Septerpber, 2016 issued by M/s.P.G.Bhagwat, Chartered Accountants, and Statutory
Auditors of the Company for your record.
This is for your information and records.
Thanking you,

Yours faithfully,

F r o w e r Tools Ltd.,
Mahesh Bhave
Compliance Officer

Enpl :-a/a.

..

ISO 9001:2008

TUV Rheinland

www.tuv.com
ID 9105025274

INTERNATIONAL BUSINESS DIVSION: Shiro!, Dist. Kolhapur- 416 103. (India). Tel.: 00-91-2322-661500
Fax: 00-91-2322-661546, E-mail: export.kpt@kpt.co.in
CIN- L29130MH1976PLC019147

M/s. P.G. Bhagwat

Chartered Accountants

C.S. No. 221, B-1, E Ward,

Rajhans Apartment,
2nd Floor, Flat No. S-6,
Tarabai Park- Kolhapur 416003
Email: nikhil_shevade@pgbhagwatca.com
Phone:(0231)-2659546

REPORT ON LIMITED REVIEW OF UNAUDITED FINANCIAL

RESULTS OF
KULKARNI POWER TOOLS LIMITED
We have reviewed the accompanying statement of unaudited financial results of Kulkarni Power Tools Ltd.
for the quarter ended 30th September 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) 2410,
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 anal-ytical procedures applied to financial data and thus provides less assurance
than an au.dit. We have not performed an audit and accordingly, we do not express an audit opinion.
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 stahdards and other recognized 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~

For M/s. P.G.Bhagwat

Chartered Accountants
FRN: 101118W

~~
Place: Mumbai

Partner

Date: 11th November, 2016

Memb. No. 217379

H.O.:
Suite 102, "Orchard;', Dr Pai Marg, Baner, Pune- 411045
Branch: Flat No. 202, Navaneet Apartments, Sattur Colony, Vidyagiri, Dharwar- 4
'Ashirwad Landmark', Block No. 104, Roy Road, Tilakwadi- 590006

Phone:(0)27290771
Phone:(0)2462464
Phone: (0) 2429306

Kulkarni Power Tools Ltd.,

Regd. Office: Shiro!- 416 103, Dist. Kolhapur
Tei:"(02322) 661500 Fax (02322) 661546
CIN: L29130MH1976PLC019147
Un-audited Financial Results for the quarter ended on 30th September, 2016
Quarter Ended On

30-09-16
30-06-16
30-09-15
30-09-16
30-09-15
{Un-audited) I (Un-audited) (Un-audited) (Un-audited) (Un-audited)
a) Net Sales /Income from"Operations (Net of Excise Duty)
b) Other Operating Income

Total income from Operations ( Net)

2

31-03-16
(Audited)

1795
22

1550
22

1436
12

3345
44

2861
30

6505
60

1817

1572

1448

3389

2891

6565

615
166

774
180

482
422

1389
346

1081
564

2779
827

198
263
91
423

(123)
263
92
411

(17)
232
95
377

75
526
183
834

65
461
186
755

323
979
374
1664

1756

1597

3353

3112

. 6946

Expenditure:
a) Cost of Materials Consumed
b) Purchase of Stock in Trade
c) (Increase) I Decrease in Inventories of Finished Goods, Stock in
Trade and Work in Progress
d) Employees Benefit Expense
e) Depreciation and Amortisation-Expense
f) Other Expenses
Total Expenditure

( Rs. In lacs \
Y-ear Ended On

Particulars

Sr.
No.

Half Year Ended on

Profit I ( Loss ) from Operations Before Other lncome,Finance Cost

and Exceptional Items (1 - 2)
Other Income

1591

61
6

(25)
8

(143)
4

36
14

(221)
9

(381)
22

67
108

(17)
112

(139)
116

50
220

(212)
226

(359)
452

(41)

(129)

(255)

(170)

(438)

(811)

(41)

24
(105)

(255)

24
(146)

54
(384)

54
(757)

(15)

(15)

(12)

(30)

(18)

(41)

(26)

(90)

(243)

(116)

(366)

(716)

12 Extra-ordinary Item (Net of Tax)

13 Net Profit I (loss) for the period

(26)

(90)

(243)

(116)

(366)

(716)

14 Paid up Equity Share Capital

( face value Rs. 5/- each )

170

170

170

170

170

170

1590

1590

2306

1590

2306

2306

(0.76)

(2.65)

(7.15)

(3.41)

(10.76)

(21.05)

(0.76)

(2.65)

(7.15)

(3.41)

(10.76)

(21.05)

4
5
6
7
8
9

Profit I ( Loss ) Before Finance-Cost and Exceptional items

13 + 41
Finance Cost
Profit I ( Loss ) after Finance Cost but Before Exceptional Items
15-61
Exceptional Item
Industrial Promotion Subsidy Received
Profit I ( Loss ) from ordinary activities Before Tax ( i + 8 )

10 Tax Expense
11

Net Profit I (Loss) from ordinary activities After Tax ( 9 -10)

15 Reserve Excluding Revaluation Reserves

as per Balance Sheet of previous accounting year
16

i Basic & dilutep EPS for the period

Before extra ordinary items ( Not annualised )
ii Basic & diluted EPS for the period
After extra ordinary items ( Not. ~nnuali?ed )

Segmentwise Revenue, Results and Capital Employed

Quarter Ended On

( Rs. In lacs
Year Ended On

Half Year Ended on

Particulars

Sr.
No.

30-09-16

30-06-16

30-09-15

30-09-16

30-09-15

(Un-audited) (Un-audited) I (Un-audited) (Un-audited) (Un-audited)

Segment Revenue
a) Power Tools
b) Blowers
c) Windmills
Total

1425
325
45

1190
311
49

1032
365
39

2615
636
94

2179
627
55

5034
1394
77

1795

1550

1436

3345

2861

6505

Less : Inter Segment Revenue

Net Sales /Income from operations

31-03-16
(Audited)

1795

1550

1436

3345

85
11
26
122

(11)
27
29
45

(122)
49
19
(54

108
61

112
69

6
(41

7
(129

2861

6505

74
38
55
167

(136)
58
16
(62)

(213)
138
(3
(78

116
88

220
130

226
159

452
303

3
(255

13
(170

9
(438

22
(811

24

54

54

Segment Results -Profit/( Loss) before tax & interest from each
segment
a) Power Tools
b) Blowers
c) Windmills

Total
Less:i) Interest
ii) Other un-allocable expenditure

Add:i) Un-allocable income

Profit/ ( Loss ) Before Exceptional Items
~

Exceptional Item
Industrial Promotion Subsidy Received

Profit I ( Loss ) Before Tax

24

(41)

(105

(255)

(146

(384

(757

3943
897
640
450
5930

4199
929
594
475
6197

5013
1037
650
480
7180

3943
897
640
450
5930

5013
1037
650
480
7180

4404

Capital Employed ( Segment Assets - Segment Liabilities)

a)
b)
c)
d)

Power Tools
Blowers
Windmills
Unallocated assets less liabilities
Total

9~6

587
507
6454

Statement of Assets & Liabilities

Sr.

( Rs. In lacs )

As on
30.09.2016 30.09.2015
Un-audited
Un-audited

Particulars
EQUITY AND LIABILITIES
1) Shareholders Funds
a) Share Capital
b) Reserves & Surplus

Funds

170
1799
1969

170
2264
2434

Sub-total - Non-current Liabilities

1280
250
31
146
1707

1634
304
29
128
2095

Sub-total - Current Liabilities

2020
1344
950
68
4382

2406
887
879
69
4241

Total Equity and Liabilities

8058

8770

Sub-total - Non-current Assets

3042
13
53
13
60
55
3236

3352
18
63
13
58
40
3544

Sub-total- Current Assets

1926
2306
199
362
29
4822

2350
2089
257
511
19
5226

Total Assets

8058

8770

Sub-total -

Shareholde~s

2) Non Current Liabilities

a) Long-term Borrowings
b) Deferred Tax Liabilities ( Net)
c) Other Long-term Liabilities
d) Long-term Provisjons
3) Current Liabilities
a) Short-term Borrowings
b) Trade Payables
c) Other Current Liabilities
d) Short-term Provisions

ASSETS
1) Non Current Assets
a) Fixed Assets
i) Tangible Assets
ii) Intangible Assets
iii) Capital Work in Progress
b) Non Current Investments
c) Long-term Loans and Advances
d) Other Non Current Assets

2) Current Assets
a) Inventories
b) Trade Receivables
c) Cash and Bank Balances
d) Short"term Loans and Advances
e) Other Current Assets

Notes:

2
3

The above results have been reviewed by the Audit Committee in its meeting held on 11th November, 2016 and the same were approved and taken on record by
the Board of Directors at its meeting held on
During the quarter, no investor complaint was received. There was no complaint pending for redressal at the beginning I end of the quarter.
Tax Expense includes Current Tax, Deferred Tax and MAT Credit Entitlement if any.

4
5

The Limited Review of the financial results for the quarter ended 30th September, 2016 has been carried out
Figures for previous year I period have been regrouped where necessary.

Place: Mumbai
Date : 1111112016
ulkarni
Vice Chairman & Managing Director
DIN No.00052342

For M/s. P. G. Bhagwat

Chartered Accountants
Firm Re n. No. 101118W

~~

IKHIL M. SHEVADE
( Memb. No. 217379 Partner)

'
Kulkarni Power Tools Ltd.,
Regd. Office: Shirai- 416 103, Dist. Kolhapur
Tel: (02322) 661500 Fax (02322) 661546
CIN: L29130MH1976PLC019147
Unudited Financial Results for the quarter ended on 30th September, 2016

Particulars

Quarter ended on

Year ended on

31-03-16

30-09-16
Total Income from oR_erations {Net)_
Net Profit I (Loss) from ordinary activities after
tax
Net Profit I (Loss) for the period after tax (After
Extraordinary items)
Equity Share Capital (Face Value of Rs. 51each)
Reserves (Excluding Revaluation Reserve as
shown in the Balance Sheet of previous_year}_
Earnings per Share (before extraordinary items)
(of Rs. 51- each)
Basic
Diluted
Earnings per Share (after extraordinary items) (
of Rs. 51- each)
Basic
Diluted

30-09-15

1817

1448

6565

(26)

(243)

(716)

(26)

(243)

(716)

170

170

170

1590

2306

2306

(0.76)
(0.76)

(7.15)
(_7.15)

(21.05)
(21.05)

(0.76)
(0.76)

(7.15)
(_7.15)

(21.05)
(21.05)

Note: The above is an extract of the detailed format of Quarterly Financial Results filed with the Stock exchange
under Regulation 33 of the SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015. The full
format of the Quarterly Financial Results are available on the Stock Exchange websites and Company's
website.(www.kpt.co.in )

Date : 1111112016
Place : Mumbai

Vic
hairman & Managing Director
DIN No.00052342