I INDIA GELATINE & CHEMICALS LTD. 77/78, Mittal Chambers, 228 Nariman Point, Mumbai- 400 021. INDIA e GSTIN No. 27AAACI3676F1ZK Tel.: +91 22 2202 0341. 2202 3554, 2202 3556. . Email · igclmumbai@indiagelatine.com, Web: www.indiagelatine.com • CIN: L99999GJ1973PLC002260
February 11, 2021
PJ Towers, Dalal Street,
Dear Sir/Madam,
Sub: Un-audited Financial Results for the 3rd quarter and nine months ended 31•t
December 2020- Regulation 33 ofSEBI (LODR) Regulations, 2015
Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we submit herewith Un-audited Financial Results as per IND-AS along
with the Auditor's Limited Review Report for the 3rd quarter and nine months ended 31st
December, 2020, which were considered and approved by the Board of Directors, in its
meeting held today i.e. 11th February, 2021.
We request you to take the above on record and disseminate this information to the public.
Yours sincerely,
MANAGING DIRECTOR
DIN: 00044901
Regd. Office: 703/704, "SHILP". 7th Floor, Near Municipal Market. Sheth C. G. Road. Navrangpura, Ahmedabad- 380 009 (Gujarat). INDIA Tel: +91 79 2646 9514 • GSTIN No. 24AAACI3676F1ZQ
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INDIA GELATINE & CHEMICALS LIMITED
Regd. Office : 703/704, "SHILP", 7th Floor, Nr. Municlpal Market, Sheth C.G. Road,
Navrangpura, Ahmedabad -380 009, Gujarat. Web Site: www.indiagelatine.com; igcl@indlagelatine.com CIN- L99999GI1973PLCO02260
Statement Of Unaudited Financial Results for the Quarter and Nine Months ended 31st December, 2020.
Quarter Ended 30/09/2020 Revlewed
10,836.41
31/03/2020 Audited
Purchase of Stock-in-Trade
1,822.11 5,787.11 7.75
4,575.10 7.75 b)
c) Changes in Inventorles of Finished Goods, 141.34 11.88 (179.85) 76.23 (331.8 (272.34) Work-in-Progress and Stock-in-Trade
261.52| 0.06
Finance Costs d)
Depreciation and Amortisation Expenses 91.72 94.39 86.38 272.56 253.44 344.07 550.8 86
660.22 3,348.7. 269.95
528.4 3.22 1494.73
V Profit/ (Loss) Before Tax (I1-IV) VI Tax Expenses:
742.53 4,029.92
2,499.61 9,447.38 776.31|
Current Tax .11 74.57 101.37 194.83 207.51 213.25 1) Deferred Tax (39.60)
(11.08) 50.69
(98.97)| 9.1
105.11 535.57
20.92 (11.59)| 15.27 2 3) Tax provision relating to earlier years
Total Tax Expenses (V) VIIProfit/ (Loss) for the Period (V-VI) VIl Other Comprehensive Income
(13. .76)| 89.27 245.13
62.98 206.97
a) tems that will not be reclassified to profit or loss
b) Income tax relating to items that will not be
reclassified to profit or loss
(15.61) (9.20) (9.52) (41.82) (28.55) (56.41)
.93 2.32 2.53 10.53 7.19 14.20
(0.44) 0.52 (1.92) Items that will be reclassified to profit or loss Income tax relating to items that will be
reclassified to profit or loss DXTotal Comprehensive Income for the period (VI+VII)
(0.44) 2.46 1.92
0.11 (0.62) 0.11 (0.48) (0.13) 0.48
233.12 555.47 660.25 201.93 305.19 491.92
X Paid up Equity Share Capital (Face Value of Rs. 10/- each)
XI Reserves excluding revaluation reserves xuEarnings per Share ( Rs. 10/-each not
annualised) Basic Diluted
345 2.91 4.41 8.25 9.61 7.55
3.45 2.91 4.41 8.25 9.61| 7.55
Notes: The above financial results have been reviewed by the Audit Committee and thereafter approved by the Board of Directors of the Company in their
respective meetings held on February 11, 2021. The statutory Auditors of the company have carried out Limited Review of aforesaid results as per
Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The financial results for the Quarter and Nine months ended December 31, 2020 have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the
extent applicable. The Company operates in a single segment and in line with Ind AS 108 "Operating Segments'", the operations of the Company fall under "Chemical
Business which is considered to be the only reportable business sepment. The Code on Social Security, 2020 ('Code') relating to employee benefits during employment and post-employment benefits received Presidential assent in September 2020. The Code has been published in the Gazette of India. However, the date on which the Code wll come into effect has not been notified. The
Company will assess the impact of the Code when it comes into effect and will record any related impact in the period the Code becomes effective.
4.
5. The figures of previous quarters / years are reclassified, regrouped and rearranged wherever necessary so as to make them comparable with current
period's figures. Golatne &Chemlcals Limited
HANDULA AOULAMSMAN
Place: Mumbal
A/6, 6th Floor, Wing-A, Safal Profitaire, Opp. Auda Garden, Corporate Road, Prahladnagar, Ahmedabad-380052. Tel.: 079-2960 1085 (M) 90330 34430 E-mail: cmshah@cmshah.com Website: www.cmshah.com
Independent Auditor's review report on Quarterly and year-to-date Unaudited Standalone Financial
Results of India Gelatine & Chemicals Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended
Review report to the Board of Directors of
India Gelatine &Chemicals Limited
Mumbai.
We have reviewed the accompanying statement of unaudited financial results of India Gelatine & Chemicals
Limited ("the company"') for the quarter ended 31st December, 2020 and year-to-date resuits for the period from 1" April, 2020 to 31t December, 2020 ("the Statement"), attached herewith, being submitted by the company pursuant to the requirements of Regulation 33 of the SEB! (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended (the "Listing Regulations").
This Statement, which is the responsibility of the Company's Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in
Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed u/s 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in accordance with
Regulation 33 of the Listing Regulations. Our responsibility is to issue a Report on the Statement based on
our review.
We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity', 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 Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and
accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an
audit. 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, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('ind AS) specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally
accepted in India, 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, Chandulal M. Shah & Co. Chartered Accountants
FRN. 101698W
Arpit D. Shah Date: 11/02/2021
HARTERED Partner ATS
Membership No. 135188
Scrip Code : 531253
Quarter / Period : 31/12/2020

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