S.R. Industries Limited CIN: L29246PB1989PLC009531

Regd. Off.: E-217, Industrial Area, Phase 8B

Mohali, Punjab - 160074 Website: www.srfootwears.com

Email: info@srfootwears.com Tel: +91 172 4602888

Date: November 19, 2019

To,

BSE Limited Corporate Services, Piroze Jeejeebhoy Towers

Dalal Street, Mumbai - 400 001

Listing: http://listing.bseindia.com

Ref: Scrip code: 513515 Scrip ID: SRIND

Dear Sir,

Subject: Resubmission of outcome of Board Meeting pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 30 and any other applicable provisions of the SEBI (Listing Obligation and

Disclosure Requirements) Regulations, 2015, please take notice that at a meeting of the Board of Directors of the Company held on 14" November, considered and adopted the un-audited financial

results for the quarter and half year ended September 30", 2019.

While attaching the financial results, the cash flow statement for the half year ended September

30, 2019 was not attached due to some technical error. We are once again submitting the financial results. The financial results are annexed herewith.

This is for your information and necessary records please.

Works: Village Singha, Tehsil Haroli, Distt. Una, Himachel Pradesh. Tel: +91 1975 302326

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S.R.INDUSTRIES LIMITED. REGD. OFFICE : E-217, INDUSTRIAL AREA, PHASE 8-8, MOHALI, PUNJAB

(CIN : L28246PB 1989PL.C009531) (WEB : www.srfootwears.com)

D FINANCIAL RESULTS (PROVISIONAL) FOR THE QUARTERINALE YEAR ENDEO SEPTEMBER 30,207 Ra, in Lakh Rs. in caks.

unaupiTeo | uNauciTeD | UNAUDITED UNAUDITED. AUDITED

Particulars ‘Quarter anded HarYearendea [Year Ended Es

Revenue from 364, i589 2528. loter income 3S, r 924 Total Revenue (I+ 1168.50] 2616.

EXPENSE of Raw in Inventories of Finished Goods, Workein-progress and ston vada

74a [Sub Conwact and Labour pal 218.12

‘benafils expenses Financial costs 173.75]

‘8 Amorisaton 315.06] Stee we 238.27 Fetal 1831.25]

82.

Exireorainary Income Expenses)

3281

Re-measurement 585) on dofined bereft 282 p.[income tax effect 050

errs thet nll by roclassiied 19 Prof 8 Loss. ‘000 Inceme tax te ems that will be reclessifaa to Profi & Loss 6.00

4087,

Taihup aquiy share Capital (Face valua of the Share Re tOr each) 1 1388 82

faSerO6 Uxckathng (ovaldalion rospivas de pa balance shaw al prev ows

3 Par Share of Ra 1a" ea0n (net anaubieed) ia) ace 2 DO Med (2.33)

IThe above results were reviewed by the Audit Committee and approved by the Board of Directors at the Board Meeting held on 14.11.2019

The company has prepared these standalone financial results in accordance with the Companies(Indian Accounting Standards) Rules, 2015 prescribed lunder Section 133 of the Companies Act, 203.

The Company has Accumulated losses of Rs. 5102.97 lacs as at September, 2019 resulting in Negative Net Worth of Rs, 1968.12 lacs.

Figures of the previous periods have been regrouped/reclassified/ restated wherever necessary. Datee 14/11/2019 For $.R.industries Limited Place . Mohali \ . Vrou,

Amit Mahajan

Director (Commercial)

‘DIN : 00038593

SRAINDUSTRIES LIMITED REGD, OFFICE : E-217, INDUSTRIAL AREA, PHASE 8-B, MOHALI, PUNJAB

(CIN : L29246PB1989PLC009531) (WEB : www.srfootwears.com)

"STATEMENT OF ASSETS AND LIABILITIES AS AT SEPTEMBER 90, 2019 Ren Lakh Rs. io Cahn Unaudited Audited

‘As at 30th Septombar | As at Sat March 2018 2018

a [AsseTs

+ |Nonsucrent assets 48) Propery, rant and Equisment 194414] 2020.56 (Intangible assets c) Capital wore in progress. (2) Inlange assets under development () Finarcisl assets

4) lovesioarts (u) Loans

(ncinar assets 14.56) 1458 HTotal-Non-current assets 780.74 2035.15]

2 jeurrent assets (ap Inventorias 34.19 67588) (b} Financial assets

() bavastments a 870.38 908.87] {W Cash and cash equipments 2870) 13008 (iv) Bank Balarces ctner nan ¢i) abovs see] 9ee| (iv) Leans. e868) 269.47 (9 Others 149 5 164.64

{c} Prepayments o.c9] 9.00] Totat-ourrent wpsets 770.76] 2300.61

TOTAL ASSETS. sian aaa 85] [EQUITY AND ABILITIES

7 [equity {) Equty Share Copital 1904.57} 1964 57] {0} Other Eouity

(i) Equity Component of Compound Financial Instrument 987 98 sei) (iy Reserves 8 Surp'ts «5102 97) ese. 05)] (dhyOmar Reservas 172.08 7269)

‘Yotel-Equity 1968.13 627.69]

LIABILITIES 2 |Non-current iallites

(a) Financ! jabiies ( Borrowings: 308-96] 888.06]

() Prowsions 6129 5629} (©) Oefered income rai93 129.49 (6) Deferred tax lab acy] 88.02 (@) Other Non-current Sabie 17405 267 20]

'Sub4otal-Non-Current liabilities 4332.24 3439.19

3 |Current abilities (a) Fineness vabiines

( Borrowings 2286.18 2ree 10} ti Trade payabes

- Total autstanding dves af ered tors clher than micro and aml enterpses 241.06 941 02] tin) Other financial Hates 1148.53} s087 33

() Provisions 85.74 a5 74 (Ce) Ciner current tabinias 14.97] 1497]

‘Total-Current liabilities casas 2333 16]

Total Ciabiities 2708.88 77235] TOTAL EQUITY AND ABILITIES rea 24s 56]

Dated : 14/12/2018 Place : Mahal

For S.R.lndustries Limited

Wat trey Director (Commercial) DIN 00038593

S.R. INDUSTRIES LIMITED

CASH FLOW STATEMENT FOR THE HALF YEAR ENDED 30th SEPTEMBER, 2019

—_— 30/09/2019 30/09/2018

A Cash Flow from Operating activities

1 Profit before Tax (46,238,562) 785,576

2 Adjustments to reconcile Profit before Tax

to Net cash Flows:

Depreciation and amortisation Expense 11,505,548 9,269,801

Interest Income (1,680,000)

Finance Costs 17,374,795 22,637,925

Liabilities/ Provisions Written back due to 547,615 282,270

Actuarial Gain/(Loss)

29,427,958 30,509,996

3 Operating Profit before working capital (16,810,604) 31,295,572

adjustments (1+2) 1 4 Working capital adjustments:

Trade and other receivables and 20,389,903 (34,416,274)

prepayments

(Increase) /Decrease in Inventories 24,145,363 (3,144,294)

Increase/ (Decrease) Trade and other (20,692,590) 29,968,075 payables and Provisions

23,842,677 (7,592,493)

5 Cash generated from Operations (3+4) 7,032,072 23,703,079

6 Taxes (Paid) /Refund - -

7 Net Cash Flows from Operating Activities 7,032,072 23,703,079

(5-6) B Cash Flow from Investing activities:

Purchase of Property, Plant and (3,866,003) (2,279,710)

Equipment(PPE) ,

Proceeds from fixed deposits matured during ae

Interest Income : 1,680,000

Net cash used in Investing activities: (3,866,003) (599,710)

C: Cash Flow from financing activities: . ;

Increase/(Decrease) in Equity Share Capital - :

Increase/(Decrease) in Capital Reserve -

Increase/(Decrease) in Repayments of Term 4,920,000 (39,229,422)

Loans

Increase/(Decrease) in Repayments of WCL 9,205,724 6,075,393

Increase/(Decrease) in Interest accured and -

due on WCL

Increase/(Decrease) in Interest accured and :

due on TL

Increase/(Decrease) in Unsecured Loans 1,647,660 33,541,856

Finance Costs (17,374,795) (22,637,925)

Net cash used in financing activities: (1,601,411) (22,250,099)

D__ Net change in cash and cash equivalents 1,564,658 853,270

(A+B+C)

E-1 Cash and cash equivalents at the beginning of 1,305,072 1,026,971

the year

E-2 Cashand cash equivalents at year end 2,869,730 1,880,241

Dated-t4{u]rolf flece - Mohali’

For S, R. INDUSTRIES LTD,

Amit Mahajan Director (Commercial) *