VARDHMAN ACRYLICS LIMITED'

Registered Office: Chandigarh Road, Ludhiana~ 141 010 (Punjab), India.

Phones: 0161-2228943-48; Fax: 0161-2601048 8:. 2220766

CIN: L51491P3199OPLC019212 PAN: AAACV7602E

E-mail: sccrctarial.1ud@vardhman.com;~chsite: www.varcihman.com

Ref. VAL:SCY:OCT:2018-2019 Dated: 27.10.2018

To,LISTING DEPARTMENT,

The National Stock Exchamge of India Limited,

“Exchange Plaza”, Plot No. C / 1, G Block,

Bandra Kurla Complex, Bandra (East),Mumbai— 400 05 1, Maharashtra.

Fax No.: 022-26598237 and 26598155, Email Id: cmlis§@nse.co.in

SUB: OUTCOME OF BOARD MEETING HELD ON 27TH OCTOBER 2018

REF: REGULATION 30 8:. 33 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE

REQUIREMENTS) REGULATIONS, 20 15.

Dear Sir/ Madam

Pursuant to Regulation 30 read with Part A of Schedule III and Regulation 33 of SEBI

(Listing Obligations and Disclosure Requirements), Regulations 2015, we wish to

inform you that Board of Directors in its meeting held on 27th October, 20 18, approvedthe Un-audited Financial Results of the Company for the Quarter / Half Year ended

30th September, 20 18.

In this regard, please find enclosed herewith Un-audited Financial Results for the

Quarter / Half Year ended 30th September, 2018 along with Limited Review Report of

Auditors.

Kindly note that the meeting of the Board of Directors commenced at 10.00 am. and

concluded at 1:00 pm.

Kindly note and display the notice on your Notice Board for the information of the

members of your exchange and general public.

Thanking you,

Yours faithfully,For VARDHMAN

ACRYLICSLIMITED- ’\ s.

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(ur Gauba) 031.4%)?COMPANY SECRETARY\£-/”m

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EARDHMAN ACRY LICS LTD

Regal. Office : Chandigarh Road, Ludhiana-141010

UnludIted Financial Results for the Quarter and Half year ended and: September, 2018

Corporate Identity Number 1cm): 1.5149 1P31990Pm019212. PAN: AAACV'TGOZE

Websiterwwwxardhmnneom Emefl:ncretar1e1.1ud@vardhmnn.eom

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Re. In Cmres

Pmicuim Quarter Ended 30th Quarter Inde 30th Qunflor Ended 30th rm: Year ended fill! Yen: ended Year Ended

September .201: June .2015 September .2017 son. Seyffloxfl 30th sepmon am much. 2013

Unaudited Unaudited Unaudited Unaudited Unaudited Audited

1 Income From Openflons

a) Gross Sales/ Income From Operations (Refer Note.3) 1 17.50 99.45 92.21 216.95 159.90 326.97

b) Other Operating Income 5.82 6.49 3.93 12.31 9.81 20.56

Tom Income mm operation. 123.32 105.94 96.14 229.26 169.71 347.53

2 Expat“:

3) Cost of Materials Consumed 80.82 71.24 55.17 152.06 109.58 224.14

1)) Purchase of Stocks— In Trade 4.37 ‘- 4.37 1.35 1.35

c) Change in Inventories of Finished Goods. 2.45 (0.03) 15.76 2.42 0.11 0.53

works 'in progress and stock —in- made

d) Employee Benefits Expenses3.67 3.53 3.59 7.20 6.97 14.5]

e) Depreciation and Amorfisafion Expense 1.21 1.21 1.19 2.42 2.36 4.73

f) Power & Mel‘ 6.82 6.05 5.88 12.87 11.69 21.80

g) Excise Duty-

--

- 7.31 7.31

11) Finance Cost 0.10 0.09 0.08 0.19 0.12 0.73

i) Other Expenses6-55 6.39 6.32 12.94 9.55 25.84

Total Expense:105.99 88.48 87.99 194.47 149.04 300.94

3 Profit/(Loss) before exceptional Items and Tax (1—2) 17.33 17.46 8.15 34.79 20.67 46.59

4 Exceptional Items—

--

»-

-

5 Profit/(Loss) before Tax (3 — 4)17.33 17.46 8.15 34.79 20.67 46.59

6 Tax Expense4.31 S. 13 1.02 9.45 3.78 8.02

7 Net Profit/(boss) after Tax (5 — 6) 13.02 12.33 7.13 25.34 16.89 38.57

8 Other Comprehensive Income I (Loss)- -

-—

~ (0.10)

9 Tota| Comprehensive Income (7+8) 13.02 12.33 7.13 25.34 16.89 38.48

10 Paid~up Equity Capital (Face Value Rs. 10/» per share) 80.36 80.36 80.36 80.36 80.36 80.36

11 Reserve excluding Revalumion Reserves as per239.02

Balance Sheet of previous accounting year

12 Earnings Per Share (of Rs. IO/- each]

(in Rs.) (not annualized):

(a)Basic1.62 1.53 0.39 4.80

(b) Diluted1.62 1.53 0.89 4m

IVARDHMAN ACRYLICS LTD

Raga. Office : Chladigxrh Road, Ludhhna-MIOIO

Umudlud Munch] Bonus for the W! and ”yen ended 30th Semmbor, 2018

corpora“ Identity lumber [Cum L51491P31990Pw019212, PAN: AMCV'IGm

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Schednb-ll ofocmp-nis Wilmflflm EuiuDufie: mics likaGST‘Vucu; mum pun oftevenue‘ Ammingrytbegua uh figums forwlulfyutmded Willie! 30. 2018 and ya: ended Mun-J: 3|, 2018mm: comp-nine wnh the

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5A The Bond ofDireclon hasW lhelbovc results in in min; beldon 27.!02018, The mulls for quarts and hflfycu' ended 30!}: Semnbu IBIS hlvc been reviewed by Shimmy Anditom u pm Regulation 33 nfSEBl (Lisling Obligauons

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3:713

VARDHMAN ACRYLICS LIMITED

BALANCE SHEET As at 30th September, 2018‘

(Rs. in Crores)

Particulars As at 30th As at 3lst March

September 2018 2018

ASSETS (Unaudited) (Audited)

1 Non-current assets

(a) Property, Plant and Equipment 52.84 54.72

(b) Capital work-in—progress 0.42 0.09

(c) Intangible Assets -

(d) Financial Assets

-Investments 177.23 1 18.17

-Loans 0.00 0.00

-Others financial assets 0.33 0.33

(e) Other non-current Assets 12.02 12.52

Total of Non-current assets 242.84 185.84

2 Current assets

(a) Inventories 91.38 52.47

(b) Financial Assets

- Investments 0 96.87 141.39

-Trade receivables 22.90 20.22

-Cash and Cash Equivalents 2.27 409

-Bank Balance other than Cash 4.21 0.27

equivalents- Loans 0.02 0.02

-Other financial assets 0.09 0.06

(c) Current tax assets (net) - -

(d) Other current assets 15.00 8.65

Total of Current assets 232.74 227.16

TOTAL OF ASSETS 475.59 413.00

EQUITY AND LIABILITIES

Equhy

(a) Equity Share capital 80.36 80.36

(b) Other Equity 244.99 239.02

Total of Equity 325.35 319.38

Liabilities

l Non-current liabilities

(a) Financial Liabilities

-Borrowings

-Other financial liabilites

(b) Provisions 0.46 0.46

(c) Deferred tax liabilities (Net) 21.14 20.14

([1) Other non-current liabilities 0.06 0.01

Total of Non-current liabilities 21.66 20.60

2 Current liabilities

(a) Financial Liabilities

-Borrowings 0.23 1.33

-Trade payables°

85.55 40.77

-Other financial liabilities 8.93 5.51

(b) Other current liabilities 9.06 1.64

(c) Provisions 0.15 0.58

(d) Current tax liabilities (net) 24.66 23.20

Total of Current liabilities 128.58 73.01

TOTAL OF EQUITY AND LIABILITIES 475.59 413.00

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