30/05/2016

banas.ntmi

General information about company

Scrip code 509053

Name of company Banas Finance Limited

Result Type Main Format

Class of security Equity

Date of start of financial year 01-04-2015

Date of end of financial year 31-03-2016

Date of board meeting when results were approved 30-05-2016

Date on which prior intimation of the meeting for considering financial results was informed to the exchange 17-05-2016

Description of presentation currency 1NR

Level of rounding used in financial results Lakhs

Reporting Quarter Yearly

Nature of report standalone or consolidated Standalone

Whether results are audited or unaudited Audited

Segment Reporting Single segment

Description of single segment NBFC

For SANAS '1H^Nr:F Lro.

Director

FIN giMAS FINANCE LTD6

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Quarterly & I lalf Yearly Financial Result by Companies Other than Banks

Particulars 3 months

ended (dd- mm-YYYY)

Previous 3 months

ended (dd- mm-yyyy)

Corresponding 3 months ended in the previous year (dd-

mm-yyyy)

Year to date figures for current period ended (dd-

mm-yyyy)

Year to date figures for

previous period ended (dd-mm-

YYYY)

Previous accounting year ended

(dd-mm- YYYY)

A Date of start of

reporting period 01-01 - 2016

01-10-2015 01-01-2015 01-04-2015 01-04-2014 01-04-2014

B Date of end of reporting period

31-03- 2016

31-12-2015 31-03-2015 31-03-2016 31-03-2015 31-03-2015

C Whether results are

audited or unaudited Audited Unaudited Audited Audited Audited Audited

D Nature of report

standalone or consolidated

Standalone Standalone Standalone Standalone Standalone Standalone

Part 1

Revenue From Operations

Net sales or Revenue from Operations

179.827 138.63 -101.22 808.487 745.6 745.6

Other operating revenues

0 0 0 0 0 0

Total Revenue from operations (net)

179.827 138.63 -101.22 808.487 745.6 745.6

f•I Expenses

(a) Cost of materials consumed

0 0 (t 0 0 0

(b) Purchases of stock-in- trade

475.307 53.57 65.75 1334.447 4(11.7 401.7

(c)

Changes in inventories of finished goods,

work-in-progress and stock-in-trade

-297.6/3 72.14 -27.69 -613.573 284.47 284.47

(d) Employee benefit expense

3.429 3.62 3.1 12.319 13.2 13.2

le) Depreciation and

amortisation expense 0 0 (1 0 ').11 2.11

(t) Other Expenses

1 Other Expenditure 288.921 3.11 2 8 9 292.031 7.((4 7.04

Total other expenses 288.921 3.11 2.89 292.031 7.04 7.04

Total expenses 470.034 132.44 44.05 1025.224 708.52 708.52

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Director

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Quarterly & Ilalf Yearly Financial Result by Companies Other than Banks

Particulars 3 months

ended (dd- mm_yr ,, 7 7 '

Previous 3 months

ended (dd- mm-yyyy)

Corresponding 3 months ended in the previous year

(dd-mm-yyyy)

Year to date figures for

current period ended (dd-mm-

YYYY)

Year to date figures for

previous period ended (dd-mm-

YYYY)

Previous accounting year ended (dd-mm-

YYYY)

A Date of start of reporting

period 0 I -01- 2016

01-10- 2015

01-01-2015 01-04-2015 01-04-2014 01-04-2014

Date of end of reporting period

31-03- 2016

31-12- 2015

31-03-2015 31 -03 -2016 31-03-2015 31-03-2015

Whether results are audited or unaudited

Audited Unaudited Audited Audited Audited . Audited

D Nature of report standalone or consolidated

Standalone Standalone Standalone Standalone Standalone Standalone

Part I

Profit (loss) from operations before other

income, finance costs and exceptional items

_290.207 6.19 -145.27 -216.737 37.08 37.08

4 Other income 0.685 0.02 0 0.805 0 0

Profit (loss) from ordinary activates before

finance costs and exceptional items

_289.522 6.21 -145.27 -215.932 37.08 37.08

6 Finance costs 25.942 23.97 21.33 100.64151 76.67 76.67

Profit (loss) front ordinary activities after finance costs but before

exceptional items

_315.464 -17.76 -160.0 -316.574 -39.59 -39.59

Prior period items before tax

0 0 0 0 0 0

9 Exceptional items 0 0 0 0 -1.45 -1.45

10 Profit (loss) from

ordinary activities before tax

-315.464 -17.76 -166.6 -310.574 -41.04 -41.04

11 Tax Expense 0.179 -13.49 30 13.179 150 150

12 Net profit (loss) from

ordinary activities after tax

- 315.643 -4.27 -196.6 -329.753 -191.04 -191.04

13 Extraordinary items 0 0 0 0 0

14 Net Profit Loss for the period from continuing

operations -315.643 -4.27 -196.6 -329.753 -191.04 -191.04

15 Profit ( loss) (join

discontinuing operations before tax

0 0 0 0

16 Tax expense of discontinuing operations

0 0 0 0 0 0

17 Net profit (loss) from

discontinuing operation after tax

0 0 0 0 0 0

18 Profit (loss) for period

before minority interes' ,

- 315.643 -4.27 -196.6 -329.753 -191.04 -191.04

21

Net Profit (loss) after taxes minority interest

and share of profit (loss) of associates

, -_)15.643 -4.27 -196.6

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Quarterly & Half Yearly Financial Result by Companies Other than Ranks

Particulars 3 months

ended (dd- mm-yyyy)

Previous 3 months

ended (dd- mm-YYYY)

Corresponding 3 months ended in the previous year (dd-

mm -YYYY)

Year to date figures for current period ended (dd-mm-

YYYY)

Year to date figures for previous period

ended (dd-mm-

YYYY)

Previous accounting year ended

(dd -mm -YYYY)

A Date of start of reporting period

01-01- 2015

01-10-2015 01-01-2015 01-04-2015 01-04-2014 01-04-2014

B Date of end of reporting period

31-03- 2016

31-12-2015 31-03-2015 31-03-2016 31-03-2015 31-03-2015

C Whether results

are audited or unaudited

Audited Unaudited Audited Audited Audited Audi:,:d

D Nature of report

standalone or consolidated

Standalone Standalone Standalone Standalone Standalone Standalone

Part I

22 Details of equity share capital

Paid-up equity share capital

1137.6 1137.6 1137.6 1137.6 1137.6 I 13 7.6

Face value of equity share capital

23 Details of debt securities

24

Reserves excluding revaluation reserve

2347.708 0 0 2347.708 2868.51 2868.51

26 Earnings per share

Earnings per share before extraordinary items

Basic earnings per share before extraordinary items

-0.277 -0.004 -0.173 -0.29 -0.165 - 0.168

Diluted earnings per share before extraordinary items

-0.277 -0.004 -0.173 -0.29 -0.165 -0.168

ii Earnings per share after extraordinary items

Basic earnings per share after extraordinary items

-0.277 -0.004 -0.173 -0.29 -0.168 -0.165

Diluted earnings per share after extraordinary items

-0.277 -0.004 -0.173 -0.29 -0.168 -0.168

30 Disclosure of notes on financial results

Textual Information(1 )

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Text Block

1. The above Financial Results for the quarter and year ended 31st March, 2016 have been reviewed by the Audit Committee and approved by the Board of Directors at its Meeting held on 30th May, 2016 and reviewed by the Statutory Auditors.

2. The figure for the previous quarter/year have been re-grouped/ re-classified / re-stated wherever necessary.

Textual Infonnation(1) 3. Investor Complaint for the Quarter Ended 31/03/2016. Opening - 0, Received -0, Resolved -0, Closing - 0.

4. This Result is available on our Website www.banasfinance.com

5. We hereby declare that the Auditor has audited the Financial Result and provided the Audit Report with Modified opinion.

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30/05/2016

banas.htM

Statement of Asset and Liabilities

Particulars Current year ended (dd-min- YYYY)

Previous year ended (dd-mm- YYYY)

Date of start of reporting period 01-04-2015 01-04-2014

Date of end of reporting period 31-03-2016 31-03-2015

Whether results are audited or unaudited Audited Audited

Nature of report standalone or consolidated Standalone Standalone

Equity and liabilities

1 Shareholders' funds

Share capital 1137.6 1137.6

Reserves and sarplus 2347.705 2677.462

Money received against share warrants 0 0

Total shareholders' funds 3485.308 3815.062

2 Share application money pending allotment 0 0

3 Def•cd government grants 0 0

5 Non-current liabilities

Long-term borrowings 0 0

Deferred tax liabilities (net) 0

Foreign currency monetary item translation difference liability account

0

Other long -term liabilities 0

Long -term provisions 0 0

Total non-current liabilities 0 0

6 Current liabilities

Short-term borrowings 2023.607 1145.671

Trade payables 1.492 0

Other current liabilities 14.308 5.768

Short-term provisions 276.796 1.895

Total current liabilities 2316.203 1153.334

Total equity and liabilities 5801.511 4968.396

Assets

1 Non-current assets

(i) Fixed assets

Tangible assets 2.309 2.309

Producing properties 0 0

Intangible assets (1 0

Preproducing properties 0 0

Tangible assets capital work-in-progress 0 0

Intangible assets under development or work-in-progress 0 0

Total fixed assets 2.309 2.309

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banas.htm!

Statement of Asset and Liabilities

Particulars Current year ended (dd-mm-

YYYY) Previous year ended (dd-mm-

YYYY)

Date of start of reporting period 01-04-2015 01-04-2014

Date of end of reporting period 31-03-2016 31-03-2015

Whether results are audited or unaudited Audited Audited

Nature of report standalone or consolidated Standalone Standalone

(ii) Non-current investments 0 0

(v) Deferred tax assets (net) 1.043 1.2 1 3

(vi , '

Foreign currency monetary item translation difference asset account

0 0

(vii) Long-term loans and advances 0 0

(viii) Other non-current assets 0 0

Total non-current assets 3.352 3.532

Current assets

Current investments 0 ()

Inventories 1055.973 442.4

Trade receivables 0 0

Cash and bank balances 91.671 244.792

Short-term loans and advances 4650.5 15 4277.672

Other current assets 0 0

Total current assets 5798.159 4964.864

Total assets 5801.511 4968.396

Disclosure of notes on assets and liabilities

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Director

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