DCM SHRIRAM INDUSTRIES I,'TD. @3fiiltna*r.KANCHENJUNGA" 18, BARAKHAMBA ROAD, NEW DELHI.11OOO1, INDIA.

Ref. No: CL/BSE october 29'h ,2019

To,BSE LimitedP.J.Towers,Dalal Street,Mumbai-400 001

Scrip Gode:523369Sub: Unaudited Financial Results- Quarter & Half vear ended

30th September. 2019

Dear Sir,

Pursuant to Regulation 33 of SEBI (Listing Obligations & Disclosure Requirements)Regulations, 2015, we attach the Unaudited Financial Results (standalone &consolidated) and Limited Review Reports for the quarter and half year ended 3oth

September,2A19. These have been adopted in the Board of Directors meeting heldtoday i.e., 29.10.2019 (which commenced at 12.30 PM and concluded at 02,0o PM). #-An extract of the above results in the prescribed format will be published in thenewspapers and placed on the Company website.

Yours Faithfully

(Y. Gupta)Gompany Secretary

& Gompliance OfficerFGS:3405

Encl: A/a

NEWDELHI

TEL: 23759300 tr FAX : (01 1 ) 23915424 / 23350765 tr E-mail : dsil@dcmsr.com E POST BOX No. 205tr VISIT US AT : http:,//uiww.dcmsr.com CIN : L74899D11989PLC035140, GSTIN : 07AMCD0204C2ZM

BSR&Co.LLPCharterecl Accou nta nts

Building No. 10, 8th Floor, Tower-BDLF Cyber City, Phase - llGurugram - 122 002,lndia

B S H & Co. (a partnership firm with RegistrationNo. 8A6 1 223) converted rnlo B S F & Co. LLP(a Lrmited Liabilily Partn'ership with LLP FlegistrationNo. AAB-8181) with effect from October 14, 2013

Telephone:Fax:

+91 124 719 1000+91 124 235 8613

ToThe Board of Direct"ors of DCM Shriram Industries Limited

We have rcvicwcd thc acconrpanying Staternent of unaudited standalone financial results ofDCM Shriram lndustries Lirnited ("the Currrparry") ful the quarter cntled 30 SepLerrrber20lgand year to date lesults fol tlre greriutl ftrrrrr I April 2019 to 30 September 2019 ("theStatement").

2. This Slalement. which is the resporrsihility of the Cnmpany's management and approved hy thsBoarcl of Directors, lras been preparecl in accordance rvith the recognition and measurementprinciples laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS34"), prescribed under Section 133 of the Companies Act,2013, and other accounting principlesgenerally accepted in lndia and in compliance with Regulation 33 of the Securities andLxchange Board of India (Listirtg Ubligatrorrs untl lJi$skx;urc Rcquircmcnts) Rcgulations, 201 5,

as atttettclecl ("Lisl.ing Regulations"). Our responsibility is to issuc a rcport on thc Statement

based on our review.

3. We conducted our review of thc Statcmcnt in accordance with the Standard on l{eviewEngagements (SRli) 2410 "Review of Inlerim Firtunciul Infitrntution Perfttrmetl by theIndependent Auditor of the Entity " issued by the Institute of Charlered Accountants of India.This standard requires that we plan and perform the review to obtain moderate assurance as towhcthcrthe Statement is fiee of nraterialrrisstatement. A review is lirnited prinrarily to inquiriesof company personnel and analytical procedures applied to financial data and thus provides less

assul'atlce tltatt att audit. We lrave not performed arr audit and accordingly, we do not express an

audit opinion.

4. In the quarterly financial results, as per the policy consistently followed by the Company, thesugar off-season expenses amounting to Rs. 3,446 lakhs are not considered as paft of cost ofsugar produced during the period and carried forward as inventory for inchtsion in the cost ofsugar to be produced in the rernaining parl of the financial year. However, for annual accounts,such expenses are fully absorbed in cost ofsugar produced during the year.

Had the Conrpany charged expenditure so incurred to the accounting period in which suchexpenses were incurred, the decrease in stock in trade would have been higher by Rs 2,276Lakhs lor the six months and the quaner ended.)0 Septernher 2019. Oonsequerrfly, protif afiertax would have been lower by Rs 1,480 Lakhs for the six months and the quafter ended 30September 2019 (referNote I of the Staterrent).

l)?

Hegistered Otlice r

5th Floor, Lodha ExcelusApollo Mills CompoundN.M. Joshi Marg, MahalakshmiMumbai - 400 01 1

BSR&Co.LLP

5. Based on our review conducted as above, except for the effect ofthe matter as already explained inparagraph 4 above, nothing has come to our attention that causes us to believe that the accompanyingStatement, prepared in accordance with applicable accounting standards and other recognisedaccounting practices and policies has not disclosed the information required to be disclosed in terms ofRegulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015including the manner in which it is to be disclosed, or that it contains any material misstatement.

FoTBSR&Co.LLPCharteredAccountantsFirm's o.:101248W W-100022

r\ l--

Place: New DelhiDate: 29 October 2019

Membership No. 090075UDIN: l1ofse75 0 A0 A n(qa 6 3

I,

BSR&Co LLPChartered Accountants

Building No. 10, 8th Floor, Tower-BDLF Cyber City, Phase - llGurugram - 122 002, lndia

To

The Board of Directors of DCM Shriram Industries Limited

We have reviewed the accornpanying Statelnent of unaudited consolidated financial results of DCMShriram Industries Limited ("the Parent") and its subsidiaries (the Parent and its subsidiariestogether referred to as "the Group"), and its share of the net profit after tax and total comprehensiveloss of its associate for the quarter ended 3 0 Septernb er 2019 and year to date results for the periodfrom I April 201 9 to 30 September 2019 ("the Statement"), being submitted by the Parent pursuantto the requirernents of Regulation 33 of the Securities and Exchange Board of India (ListingObligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations").Attention is drawn to the fact that the consolidated figures for the corresponding quafter and sixmonths ended 30 September 2018, as repofted in these financial results have been approved by theParent's Board of Directors, have been included for comparative purposes, since the requirementof submission of quarlerly consolidated financial results in respect of the Company has becomemandatory only from I April 2019.

2. This Statement, which is the responsibility of the Parent's maltagelnent and approved by theParent's Board of Directors, has been prepared in accordance with the recognition and rneasurementprinciples laid down in Indian Accounting Standard 34 "Interint Financial Reporting" ("Lid AS34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principlesgenerally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Ourresponsibility is to express a conclusion on the Statement based on our1eview.

We conducted our review of the Statement in accordance with the Standard on ReviewEngagemerrts (SRE) 2410 "Review of Interim Financial Inforntation Performed by the IndependentAuditor of the Entity", issued by the Institute of Charlered Accountants of India. A review of interinifinancial information consists of making inquiries, prirnarily of persons responsible for financialand accounting matters, and applying analytical and other review procedures. A review issubstantially less in scope than an audit conducted in accordance with Standards on Auditing andconsequently does not enable us to obtain assurance that we would become aware of all significantmatters that rlight be identified in an audit. Accordingly, we do not express an audit opinion.

We also performed procedures in accordance with the circular issued by the SEBI under Regulation33 (B) of the Listing Regulations, to the extent applicable.

The Staternent includes the results of the following entities:Daurala Foods and Beverages Private Lirrited (Subsidiary)DCM Hyundai Limited (Associate)

J

Telephone: +91 124 719 1000Fax: +91 124 235 8613

In the quarlerly financial results, as per the policy corrsistently followed by the Conrpany, the sugaroff-season expenses amounting to Rs. 3,446 lakhs are not considered as part of cost of sugarproduced dtrring the period and carried forward as inventory for inclusiorr in the cost of sugar to beproduced in the renraining part of the financial year. However, for annual accounts, suclr expensesare fully absorbed irr cost of sugar produced dLrring tlre year.

Had the Contpany charged expenditure so incun'ed to the accor.rnting period in which such expenseswere incttrred. the cleclease in stock in trade would have been higher by Rs2,276 Lakhs forthe six

4

5

)B S Fl & Co. (a partnership firm with RegistrationNo. 8A61223) converled rnto B S R & Co. LLP(a Limited Liability Partn'ership with LLP RegistrationNo. AAB-8181) with effect from Oclober 14, 2013

Hegistered Oftice :

sth Floor, Lodha ExcelusApollo Mills CompoundN.M. Joshr l\4arg, MahalakshmiMumbai - 400 01 1

6

BSR&Co.LLP

montlrs and the quarter ended 30 Septemb er 2019. Consequently, profit after tax would have beenlower by Rs 1,480 Lakhs for the six months and the quafter ended 30 Septemb er 2019 (refer NoteI of the Statement).

Based on our review conducted and procedures performed as stated in paragraph 3 above and basedon the consideration of the review reports of the other auditors referred to in paragraph 7 below,except for the effect of the matter referred to in paragraph 5 above, nothing has come to our attentionthat causes us to believe that the accompanying Statement, prepared in accordance with therecognition and measurement principles laid down in the aforesaid Indian Accounting Standard andother accounting principles generally accepted in India, has not disclosed the information requiredto be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in whichit is to be disclosed, or that it contains any material misstatement.

We did not review the interim financial results of one subsidiary included in the Statement, whoseinterim financial results reflect total assets of Rs. 1,219 Lakhs as at 30 September 2019, totalrevenues of Rs. 25 Lakhs and Rs. 45 Lakhs and total net profit after tax and other comprehensiveincome of Rs. 17 Lakhs and Rs. 32 Lakhs, for the quarter and for the six months ended 30 September2019, respectively, and cash outflows (net) of Rs. 11 Lakhs for the period from I April 2019 to 30September 2019, as considered in the consolidated unaudited financial results. The consolidatedunaudited financial results also includes the Group's share of net profit after tax of Rs. 73 Lakhsarrd Rs. 82 Lakhs and total comprehensive loss of Rs. 240 Lakhs and Rs. 217 Lakhs for the quafterand for the six months ended 30 September2019, respectively, as considered in the Statement, inrespect of an associate, whose interim financial results have not been reviewed by us. These interimfinancial results have been reviewcd by othcr auditors whose reports have been fumished to us bythe management and our conclusion on the Statement, in so far as it relates to the amounts anddisclosures included in respect of the subsidiary and associate, is based solely on the reports of theother auditors and the procedures perfonned by us as stated in paragraplr 3 above. Our conclusionon the Statement is not modified in respect of the above matters.

FoTBSR&Co.LLPCharteredFi No 8WW-100022

.4" u'Partner

7

us

Place: New DelhiDate:29 October 2019

Mernbership No. 090075UDIN: l1o1oo7 5n n n n n S 66,1?

30.09.2018S.No.

40847

687

164552

4344

40847

687

86463

1526

1. Revanu6

Gross sales

Other opsrating income

R€vsnu€ from operations

Other income

DCM SHRIRAM INDUSTRIES LIMITED

Kanchonjunga Building, 18 Barakhamba Road, New Delhi - 11 0 001

TEL.:47$ru, FAr(Ul)ru1924/2S$7S.htts:/M.&mrr.com,E.mileil@&rur.com CIN: L7@oL1WPLCrc1€

STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE AUARTER I HALF YEAR ENDEO 3OTH SEPTEMBER 2019

PARTICULARS

2. Expenses

a) Cost of materials consumed

b) Purchases of stock -in-lrade

c) Changes in inventories of flnished goods,work-in-progress and stock-in-trade

d) Employee benefits expense

e) Finance costs

f) Depreciation and amortisation expenss

g) Other expenses

30.09.201S

Ouartor gnded

Total (2)

Proflt before tax and share in protit of the associate( 1 - 2 )

Share of profit of the associato (nst of tax)4.

5.

34996

4172

Total (1)

Standalono

30.09.2018

39168

39352

463

Halt y6ar ond€d

30.09.2019

Profit beforetax(3+4)

39665

398'15

419

o.

164552

4348

41534

522

87989

1179

4't534

543

78983

961

168900

1904

40234 42056 79899 40254 89210

8473

3333

1375

9372

(36501

3418

1 056

560

a7s,

1 6 1681

2527 3298 6372 4't72 2547 331 I 6719 6413

45

4148 2527

1084 765

95

684

144

1849

486

1405

172

1948

ov

t335

1090

391

1416

190

r335)

7 43/,0 4795 7357

(124

44

2764 1690 2530 4454

(621

22

(218"

4875

(841

29

(32e1

7486

(124)

44

(134)

Other comprehensive income / (Loss) {OCl}A (D itoms that will not be reclassified to protit or loss

(ii) income tax rolating to items that will not bs reclassified

to profit or loss

(iii) Shars in OCI income/ (loss) of associate (net of tax)

B (i) items that will be rsclassified to protit or loss

(ii) income tax relating to itsms that will be raclassified

lo profit or loss

11

(241"

Total oth€r comprehensivs incom6/(loss) for the period (A+Bl

Total comprehensive income/(loss) (after tax) ( 7 + I )

(261',

Tax expense

- Cunsnt tax

- Deferred tax

641 0

6001

3 147 (258t (214\

9. 2653 1647 2442

74348

4635

4740 7277

Ysar €ndod

21767

5804

- Tax relating to €arlier years

Nst profit for tha period ( 5 - 6 )

31.03.2019

(Audited)

2503 1693 2677 7272

Nst Profit for the period attributable to

(a) Owners of the Company

(b) Non controlling intorest

2473 '1667 4340 2530

78983

't1 Other comprehensivs incoms for tha period attributable to

(a) Ownors of the Company

(b) Non controlling interest

86463

1526

(24 (261

8.

9490

2863

9't6

(2581 (3841

2653 't693 4196

Paid-up squity share capital

(Face value Rs. 10 /, 1740 1740 1740

Quarler end€d

1740

Cth6r equity

1740

45/.91

42.29

4454

27.fi

'1473

2503

(384',

4491

I(t)

N

3551 7

28177

11805

12470

3190

523

507

9715

89168

168900

4148

34996

4172

ConsollCalsd

37707

31152

6496

'1819

NEWDELI.II

F-m(n

4823

6751

2431

1113

18124

170719

39168

522

12

Basic and diluted oamings per shars (Rs.) (Not annualised) 15.37

1647

39352

463

2442

101754

13152

38758

1 7055

6464

1 300

1021

'19308

Halt year endod

39690

39815

439

73224

10

(10693)

1 3480

2400

2080

39527

6410

6001

30.09.2018

(Unauditedl

7434A

4635

6675

l€ar onde(

391

82796

21767

5804

8473

3333

1 375

553

9373

42077

3298

(Audited)

2673

161680

9490

2863

(3650)

3418,r056

560

8752

79944

bb/5

87989

1221

1667

9039

28177

11 805

3551 8

(31 )

12470

3190

507

971 5

Iotal comprehensive income for the period ( 10 + 11 )(a) Owners of ths Company

[b) Non controlling interest

6372

2470

37707

13.

14.

15.

(31

11

31152'6496

4823

6751

243'l

'11'13

'18125

170804

101734

13152

38758

(42)

'14

17055

6464

1300

1021

19309

4245

(20

o

(62"

22

(106e31

13480

2400

2080

39528

(20'

(84,

tq

42797

3364

770

(28

82

96

6801

oo

690

144

(401

2470

68

9123

4300

(31

'11

6481

(20'

1860

487

(551

86

(31

9209

1'l

(80

4795

(42

14

23

t40l

1970

'1740

7357

175

t55'

4300

2764.

'1740

9.58

r80'

4740

1690

1740

14.20

7277

4196

24.94

4875

D

74A6

15.89

1740

4491 7272

s.71 25.60 28.O2

1740

48087

43.03

(2't4)

1740

AeA/k-^'14.54

't740

S.No. Ouarlor ended

Con3olidatsd

Segment Revenue

(a) Sugar *

(b) lndustrial fibres and related products

(c) Chemicals

Total

(d) Less : lnter seqment revenue

1

PARTICULARS

lncome from operations

' Comprising of sugar, power and alcohol.

2.

25154

681 0

7204

4859

421

941

DCM SHRIRAM INDUSTRIES LIMITED

Segmentwise Revenue, Results, Assets and Llabllities

Segment Results

Proflt before tax & finance costs

(a) Sugar'

(b) lndustrial fibres and related products

(c) Chemicals

30.09.2019

tl.Jnaudiled\

5942

91 69

391 5

19026

60736

79762

22623

7812

9380

22570

9808

91 56

41534

4538

523

Total

(d) Less : i) Finance costs

ii) Other unallocable expenditure

net of unallocable income

7174

1177

2137

Standalons

87989

30.09.2018

91 64

1 300

95065

39795

34040

7259

3987

3204

391 68

14450

2400

3011

Halt yesr ended

30.09.201!

32674

51791

4859

421

941

3.

73790

34073

16386

r32665

5942

91 69

391 5

19026

60874

39168

4538

523

42591

32000

17436

501 02

1 9416

18471

47777

14622

'16584

39815

f€ar ended

3981 5

4480

2202

2482

42591

32000

17436

15717

9460

4679

Yqar endsd

95065

39795

34040

168900

2927

125878

8546

3't.03.2019

fAudited)

Sugar'

lndustrial fibres and related products

Chemicals

30.06.2019

fUnaudited)

30.09.20'19

(Unaudited)

391 68 3981 5

Asset3

41534 78983 87989

501 02

19416

1447'l

39815 4153441534 78983

2315

756

1196

4267

1 056

78983

69€ 684 1 338

Unallocated Assets

Ouarl€r endsd

4172 2s47 3319 6719

4267

1 056

78983

1 0488

2431

6221

1375

5942

91 69

391 5

19026

60874

Profit before tax and share in profit of associa 4148

2349

1141

1 048

Segment Assets

Llabllitles

Segment Liabllities

(a) Sugar'

(b) lndustrial fibres and related products

(c) Chemicals

fotal Segment Liabilities

Unallocated Liabilities

fotal Llabilities

25154

6810

7204

4.

23633

66245

29856

26732

5942

91 69

391 5

87989

19026

60736

1 68900

29856

26732

8523

10017

5093

90012

29856

26858

79762 56588

168900

22623

7812

9380

84465

m(n

23633

66379

15717

9460

4679

qTo

N o

132665

74583

34444

1 6851

79900

92027

11735

1037C2

4480

2202

2482

Halt year 6ndod

22570

9808

91 56

1 0488

2431

39168

2527

717

30.09.2018

lLJnauditedl

73790

34073

1 6386

rTT

J{

47777

14622

1 6584

3298

1382

79253

34866

1 8055

31.03.2019

lAuditod)

124249

5786

6675

1492

2315

756

1196

130035

42591

32000

17436

132174

6582

6221

1375

6372

2349

1141

1 048

138756

73790

34073

1 6386

92027

9257

9039

87989

674

1 68900

7174

1177

2137

42591

32000

17436

101284

124249

5786

8523

10017

5093

664

130035

74583

34444

1 6851

92027

9257

1s717

9460

4679

696

101284

125878

58r8

7259

3987

3204

89878

91 64

1 300

131696

79253

34866

1 8055

124249

8416

15717

9460

4679

56588

14450

2400

1451

132174

9358

1 8350

1 0066

4258

6413

141532

73790

34073

1 6386

92027

r1735

91 23

103762

124249

8416

NEWDELHI

134424

66714

29856

26858

1 8350

1 0066

4258

32674

51923

79900

,k<rs&.=-

*

56714 84597

Standalone

i.No

Consolidated

STATEMENT OF ASSETS AND LIABILITIES

(a) Property, plant and equipment(b) Capital work in progress

(c) lntangible assets(d) lntangible assets under development(e) Equity accounted investees(f) Financial assets

(i) lnvestments(ii) Loans(iii) Other financial assets

(g) lncome tax assets (net)(h) Other non-current assets

ASSETSNON.CURRENT ASSETS

Particulars

Total non-current assets

A.1.

425231202126

2. CURRENTASSETS(a) lnventories(b) Financial assets

(i) lnvestments(ii) Trade receivables(iii) Cash and cash equivalents(iv) Other bank balances(v) Loans(vi) Other financial assets

61644

171019054

615'1425

317344

2578 2806

As at30.09.2019

83637 86827 84765

B.

(c) Other current assets

As at31.03.2019

1740

48533174045491

174051025

Total current assets

As at30.09.2019

TOTALASSETS

50273

2. LIABILITIESNon.cutrent liabilitles(a) Financial liabilities

(i) Borrowings

(ii) Other financial liabilities

(b) Provisions

832274

1174

3028

734148

81

34217

EQUITY & LIABILITIES

EQUITY(a) Equity Share capital(b) Other equity

Total equlty attributable to oquity shareholders

613

549

294602

489

,|

613

500

100

1 394

984

Non-controlling lnterests

46398

38925

224690

17

As at31.03.2019

424761202126

21 59

3887922469017

2294

56765

337

30544

4415

130

16694

6433

942380

1454383

Total equity

1514

16815

1'177

622250

3916

549

294605

489

44869

17't01 9053

598

695

12

309

47900

500

100

1 395984

56765

(c) Deferred tax liabilities (Net)

(d) Other non-current liabilities

Current liabillties(a) Financial liabilities

(i) Borrowings(ii) Trade payables

- Total outstanding dues of Micro and Small Enterprises- Total outstanding dues other than Micro and Small Enterprises

(iii) Other financial liabilities

151416815

1184

1444500

3961

46505

q

130035

61644

bt

131696

2582

(b) Other current liabilities(c) Provisions

132665

TOTAL

50273

2810

47231

87919

134424

AND LIABILITIES

1 5662

40

't't72

4011

81

174048087

17231

52765

34218

1 5662

40

49827

130

16693

6433

1172

52765

832274

1'174

2897

73

49827

34792

130035 131696

34792

337

305454415

943

380

132665

1454383

IND

N[WD,:LI.;I

.p

rnh

13UA

r.I)

t

Cash flow statement

Half year eneded

30.09.2019(Unaudited)

Standalone

30.09.2018(Unaudited)

6,675

CASH FLOWS FROM OPERATING ACTIVITIESProfit before tax

Adjustments for :

Depreciation and amortisation

Finance costs

Interest income

Interest received against subvention

Defemed rent amortisation

Proht on sale of fixed assets

Loss on sale ofproperty,plant and equipment / discarded assets

Share ofprofit ofequity accounted investees (net oftax)Profit on sale ofcurrent investments

Net gain on fair value of investments

Operating profit before changes in assets and liabilitiesChanees in assets and liabilities

(Decrease) / Increase in trade payables(Decrease) / Increase in financial liabilities(Decrease) / Increase in other liabilities & provisions

Decrease / (Increase) in trade receivables

Decrease / (Increase) / Decrease in inventories(Increase) / Decrease in financial assets

Decrease / (Increase) in other assets

Cash (used in) / generated from operations

Income tax paid (Net)

Net cash (used in) / generated from operating activities ( A )

B. CASH FLOWS FROM INVESTING ACTIVITIESCapital expenditure on acquisition of items of property, plantand equipments, including capital advances

Proceeds from sale ofproperty, plant and equipments

Purchase of current investments

Proceeds from sale ofcurrent investments

Changes in other bank balances

Interest received

Inter Corporate deposits received back

Net cash used in investing activities ( B )

Year ended

(Unaudited)

I,l 13

2,431

(3 l)(42e)

5

31.03.2019

6,372

30.09.2019

(Audited)

1,021

1,300

(l6e)(104)

Half year eneded

9,019

56

Consolidated

2,080

2,400

(232)(286)

(e)

(53)

l6(6t

I(88)

30.09.2018 3r.03.2019

6,801 6,481 9,209

C. CASH FLOWS FROM FINANCING ACTIVITIESProceeds from long term borrowingsRepayment of long term borrowings(Repayments) / proceeds from short term borrowings (net)Payment of Inter Corpoate depositFinance costs paid (Net of subvention)

' Dividend paidDividend distribution tax paid

Net cash from / (used) in financing activities ( C )

Component ofcash and cash equivalents

Balances with scheduled banks:

- Current accounts

- Cash in hand

(14,05e)(e0)

(571)

2,238

4,879

(4,086)

229

(1,687)(415)

5,650

7,954(e6)

(342)(1,4e2)

1 6,1 89

724

(42)

(64

9,898

(1,547)

tt7( 10,375)

8,904

(371)

322

( l5)

8,959(3,001)( 1,149)

(150)(2,168)

(680)n43)

)6(82)

t6(61)

(88)

I

2)

9,775 8,322 9,773

(Unaudited)

8322

(14,059)(e0)

(s7r)2,238

4,879(4,086)

229

Rs. Lakhs

Year ended

I,ll32,43r

(77)(42e)

5

I

(1,685)

(407')

3r,216(683)

9,904( 1,53 1)

3t,2t7(6el)

(12)

8,351

t2175

(154)

2t605)

(7.6s2\

(Audited)

7,953(e6)

(342)(r,492)16,1 89

724

(42)

1,021

1,300

(2 l0)(104)

12,699

(64

(176)

/10.271)

1,41I(1,52 r)

(1e,618)(150)

( 1,1 68)(676)n42\

l,4l I(1,52 l)

( 19,618)(150)

(1,168)(676)IL42\

5,650 (2r,864)

1,157

701

t,177 I,858 598

l 1,086

9

r43(2,565)

12,038)

569

615

1,010

867

(2,092)

Net increase in cash and cash equivalents (A+B+C)

Cash and cash equivalents at the beginning ofthe period

Cash and cash equivalents at the end ofthe period

2,080

2,400(3 17)

(286)

(e)

(53)

1,147

30

570

28

,{;}. I.177

\h,

I

U)

(

30,533

(3,634)

310

68)

944(374

(86)(176)

Cash and cash

(3,483)

99

(4,3 r5)242

t5

30

8,373

12,698

11,087

8

143

(2,565)

(r2,038)

943(378)

(2.979\

(2,t02)

(8,853)

tt7( I 0,375)

8,905

(167)

229

I 1,088

(r,676)(574)

(7.512\

at the close ofthe

(3,634)

310

30,526

(1,e53)(r,020)

(215\

( l 0.144)

242

(le)67

55

(3,483)

99

(4,3 l5)

8,959(3,00 l)( l, l4e)

(150)(2, l 68)

(680)fi43)

579

598

(2.979)

(8,853)

11,088(1,676)

(s74)

IN

i\:[':\'Y!1 r l

1,668

(1,e53)(r,020)

(2t5\

(103)

701

t,844t4

1,858

(21,864)

I,184

598

1,668

615

1,184 1,877

1,154

30

615

1,877

(252)

867

k*^&-

1,863

t4587

28

1

Notes:

ln accordance with the accounting policy consistently followed by the Company, off-seasonexpenditure aggregating Rs.3446 lakhs (corresponding previous half year Rs. 3038 lakhs) has beendeferred for inclusion in the cost of sugar to be produced in the remainder of the year.

2 Effective 1stApril,2019 the Company has adopted lnd AS 116 "Leases" using the cumulative effectmethod. Accordingly, the comparative information is not restated in the unaudited / audited results forthe quarter / half year ended 30th September, 2018 and year ended 31st March 2019. The adoptionof the standard did not have any material impact on the financial results of the Company.

Proceedings in a Petition challenging the Preferential lssue of equity warrants by the Company filedby a shareholder before the Hon'ble Company Law Board (now National Company Law Tribunal) arecontinuinq since November 2007.

4 On 27thMay,2019, the Board of Directors had recommended a dividend of Rs.6 per equity share(face value of Rs. 10 per equity share) for the financial year ended 31st March, 2019, which has beenapproved by the shareholders in the Annual General Meeting held on 13th August,2019. Accordingly,Rs. 1258.48 lakhs (including dividend distribution tax of Rs. 214.57 lakhs) was appropriated asdistribution to equity shareholders during the quarter ended 30th September, 2019.

5 Section 1158M has been inserted in the lncome Tax Act, 1961 vide Taxation Laws (Amendment)Ordinance,2019 issued on 20th Sep.'19 which enables domestic companies to exercise a non-reversible option to pay Corporate Tax at reduced rates effective 1"tApril, 2019 subject to certainconditions. The Company is currently evaluating this option.

6 The above results were reviewed by the Audit Committee and then approved by the Board of Directorsin its meeting held on 29th October,2019. The above results of the Company are available on theCompany's website www.dcmsr.com and also on www.bseindia.com.

For and on behalf of the Board

3

q kax /b=-ALOK B. SHRIRAM

Sr. Managing Director & CEODIN : 00203808

NEWDELHI

Notea:

DCM SHR]RAM INDUSTRIES LIMITEDRegd. Ofi. Kanchenjunga Building, 18 BaEkhamba Road, New Delhi - 110 0O1

TEL.:23759300, FAXr(0'11)23315424/2335o765,Wbbsite:M.dmsrcom,E-maildsil@dmslcom CIN:L748S9DL1989PLCO3514O

EXTRACTOFUNAUDITED FINANCIALRESULTSFORTHEQUARTER '

HALFYEARENDED 3OTH SEPTEMBER,2019

has been defened for inclusion in the cost of sugar to be produced in the remainder of the year.

auditedresultsforthequatter/halfyearended30sSeptember,20lS and yearended3ldMarch2019.Theadoptionofthestandarddidnothaveanymaterialimpactonthelinancialresults ofthe Company.

Law Tribunal) are continuing since November 2007.

On 27h May,2019, the Board of Directors had recommended a dividend of Rs.6 perequity share (face value of Rs. 10 perequity share) forthe financial year ended 31dMarch, 2019,which has been approved by the shareholders in the Annual General Meeting held on 13h August, 2019. Acordingly, Rs. 1258.48 lakhs (including dividend distributjon tax of Rs-214.57 lakhs) was appropdated as distribution to equity shareholders during the quarter ended 30h September, 2019.

SectionlI5BAAhasbeeninsertedinthelncomeTaAct, 1961 vide TaxationLaws(Arnendment)Ordinance,2019 issuedon 20bSep.'l9whichenablesdomesticcompanies.lo

and Companys website www.dcmsr.com.

The above results were reviewed by the Audit Committee and then approved by the Board of 6irectors in its meeling held on 29h October, 201 9. The Statutory Auditors have caniedout a Limited Review of the aforesaid results.

For and on behalf oflhe Board

2

3

4

5

6

7

M*&>Sr. Managing Director & CEO

DIN :00203E0E

Standalone Con6olidaledQuarter ended Half vear ended Quarter ended Half vear ended aeer ended

30.06.2019 30.09.2019 30.09.2018 30.09-201930.09.2019 30.09.2019 30.09-2018 30.09.2018

sl.No. PARTICULARS 31.03.2019

(Audited)31.03.2019(Audltedl

Total income fiom operations 39665 4023/ 42056 79899 89168 1707'19 39690 40254 42077 79944 89210 170804

2 Net Proft / ((Loss) for the period (before Tax, Exceptional and / orExtaordinarv itemsl

4148 2527 3298 6675 6372 9039 4245 2556 3364 6801 648 1 9209

3 Net Profit / (Loss) for the period before Til ( affer Exceptional and / orExtraordinary items)

4144 2527 3298 6675 6372 9039 4245 2556 3364 6801 6481 9209

4 Net Profit / (Loss) for the period afler Tax ( afler Exceptional and / or

Extraordinary items)

2673 1667 2470 4340 4795 7357 2764 I 690 2530 4454 4475 7486

5 fotal Comprehensive lncome

lcomprising net profit / (loss) & Other Comprehensive lncorne(Loss) aner tax] 2653 1647 2442 4300 4740 7277 2503 1693 2677 4196 4491 7272

6 Equity Share Capital 1740 1740 1740 1740 1740 1740 1740 1740 1740 1740 1740 1740

7 Cther Equity 45r'.91 48087

8 :amings Per Share (of Rs. 10 each) - Basic/Diluted (Rs.) (Not annualised) 't5.37 9.58 14.20 24.94 27.56 42.29 15.89 9.71 14.54 25.60 24.02 43.03

NEWDELHI

u(t)

*

IN

m(n

Place :,New Delhi

Datod :29.10.2019

DCM SHRIRAM INDUSTRIBS LTD..KANCHENJUNGA" 18, BARAKHAMBA ROAD, NEW DELHI.11OOO1, INDIA.

Ref. No: CLIBSE

(Y.D.Gupta)Company Secretary

FCS:

ADCMqysHnrnalt

W

'*Jft

November 1lth,2019

To,BSE LimitedP.J.Towers,

Dalal Street,Mumbai-400 001

Scrip Code: 521369

Sub: Disclosure of Related Partv Transactions for theHalf vear ended 30th Sentember.20lg

Dear Sirs,

Pursuant to Regulation 23(9) of the SEBI (Listing Obligations & Disclosure Requirements)

Rcgulations, 2015, please find enclosed Disclosure of Related Party Trarrsactions on a

consolidated basis for the half year enclecl Septenrber, 30th, 2019.

Encl: A/a

TEL: 23759300 tr FAX : (011) 23315424 / 23350765 tr E-mail : dsil@dcmsr.com E pOST BOX No.205tr vlslT US AT: http://ynww.dcmsr.com CIN : L74899DL1989pLbms14o, GsTtN 37aaag-D92o4c2zw

lN0

aNE\IJ

DELI.II

Yours F'aithtirlly\r.\

..r)

ln

*

Related party disclosures:In accordance with the requirements of Ind AS 24 on Related Party Disclosures, the names ofthe related parties where control exists and/or with whom transactions have taken placeduring the year and description of relationships, as identified and certified by themanagement are :

A. Names of related parties and nature of related party relationship

Subsidiary: Daurala Foods and Beverages Private LimitedAssociate: DCM Hyundai Limited

Key management personnelMr. S. B. Mathuq ChairmanMr. Tilak Dhar, Senior Managing Director (Upto 30/06/2019)Mr. Alok B. Shriram, Senior Managing DirectorMr. Madhav B. Shriram, Managing DirectorMrs. Urvashi Dhar, Whole Time Diector (w.e.f. L4/OB/2OI9)Mr, K. N. Rao, Director & CEO RayonsMr. P, R. Khanna, Independent DirectorMr. Ravinder Narain, Independent DirectorMr. S. C. Kumar, Independent DirectorMr. C. Vikas Rao, Independent DirectorMs. V. Kavitha Dutt, Independent DirectorMr. Sanjay C. Kirloskar, Independent DirectorMr. N, K. Jain, Chief Financial OfficerMr. Y, D. Gupta, Chief General Manager & Company Secretary

Relatives/HUF of key management personnelM/s. Bansi Dhar & Sons - HUFMr. Akshay DharMs. Kanika ShriramMr. Rudra ShriramMr. Rohan ShriramMr. Uday ShriramMrs. K. RaoMrs. Anita GuptaMrs. Manju JainMr. Nirmal Kumar JainMrs. Maya Rani JainMr, Rajat JainMrs. Kiran KhannaMr, P. R. Khanna (HUF)

Others (Enterprises over which key management personnel or their relativesare able to exercise significant influence)Bantam Enterprises Private LimitedH. R. Travels Private LimitedHindustan Vaccum Glass Private Limited

IN

Ea t'11

*

0

o

B. Transactions with related parties :

Transaction with Key management personnel, their relatives/HUF and

Rs.LakhsFor the periodoL/04l2ot9To 3O/O9lt9

Particulars

Rent expenses

66.49

Relatives/HUF of key management personnel

M/s. Bansi Dhar & Sons - HUF

Mrs. K. Rao

14.O2

Mrs, Manju Jain

16.04

Mrs. Anita Gupta

3.83

Ms. Kanika Shriram

Interest expense

Others

Bantam Enterprises Private Limited

H. R. Travels Private Limited

4.I9Mr, Nirmal Kumar Jain

Total

o.46

Relatives of Key management personnel

o.8s

Mr. Rohan Shriram

Mr, Rudra Shriram

Relatives IHUF of key management personnel

Mr. Uday Shriram

Mrs, Anita Gupta

Mrs. Manju Jain

others

Mrs. Maya Rani Jain

Independent Directors & their relatives/HUFMr. P. R. Khanna

Mr. P. R. Khanna (HUF)

Mrs. Kiran Khanna

TotalPurchase of Property, Plant & Equipment

Others

Hindustan Vaccum Glass Private Limited

Security deposits paid

2.O4

6.84

Mrs. K. Rao

4.56

Mrs. Manju Jain

Mrs. Anita Gupta

Total

113.82

1.O6

o.13

o.59

o.36

1.60

o.64

o.50

o.64

o.s3

\

1.28

10.38

2.88

o.11

37.ta

Compensation of key management personnel

66.80

65.85

Salaries and bonus including contributions made to provident fund

15.82

38.97

Mr. Tilak Dhar (Upto 30/O6/2OL9)

2L.4t

Mr, Alok B. Shriram

Mr, Y. D. Gupta 13.52

40.10

Mr. Madhav B. Shriram

Mrs. Urvashi Dhar (w.e.f. 13/08/2019)

Ms, Kanika Shriram

Mr. K.N. Rao

Mr. Rohan Shriram

Mr. N. K. Jain

Mr. Uday Shriram

Hindustan Vaccum Glass Private Limited

Notes :

Relatives of key management personnel

Post employment benefits i.e. Gratuity and Compensated absences which are based onactuarial valuation and commission (includes provided partly in current half year) are notincluded above. In last return filed the full amount for 2018-19 was included in the 2nd half

Total

Security Deposit Receivable

Relatives/HUF of key management personnel

M/s. Bansi Dhar & Sons - HUF

Mrs. K. Rao

Mrs. Manju Jain

Mrs. Anita Gupta

Total

Payables

Public deposits including interest accruedRelatives/HUF of key management personnel

Mr. Rudra Shriram

Mrs, Anita Gupta

Mrs. Manju Jain

Mr. Nirmal Kumar Jain

Mrs, Maya Rani Jain

fndependent Directors & their relativesMr. P. R. Khanna

Mr. P. R. Khanna (HUF)

Mrs. Kiran Khanna

Total

Others

299.65

1. Commission to Directors shown as payable on 3L/O3/19 has been paid during the half yearended Sept.'19, but not included above (included in the disclosure of last year balancesheet).

35.10

1.13

4.563.04

7.OL

50.84

89.O1

10.oo

21s.33

3.41

year ended 3I/O3/19

\r

21.79

2.63

12.O5

7.59

32.06

L2.70

10.oo

17.50