Home  -  Investors  -  Quarterly Financial Results
Chairman Message
Board of Directors
Ten Year Highlights
Stock Information
Shareholding Pattern
Committees
Investors Support
Unpaid Dividend and Shares
Downloads
Quarterly Financial Results  
Quarterly Financial Results Standalone      |      Quarterly Financial Results Consolidated
 

STATEMENT OF CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31ST DECEMBER, 2019

(Rs. In Lacs except earning per share data)
Particulars CONSOLIDATED
Quarter Ended Nine Months Ended Year Ended
31.12.2019 30.09.2019 31.012.2018 31.12..2019 31.12.2018 31.03.2019
Unaudited Unaudited Unaudited Unaudited Unaudited Audited
1. Revenue from Operations :
a) Sales/Income from Operations 16,002.93 15,755.43 17,326.86 46,942.32 51,558.53 66,781.37
b) Other Operating Income 790.39 815.83 430.08 2,022.77 1,858.77 2,658.64
Total Revenue from Operations 16,793.32 16,571.26 17,756.94 48,965.09 53,417.30 69,440.01
2. Other Income 443.78 276.05 87.12 1,181.04 504.58 745.82
3. Total Income (1+2) 17,237.31 16,847.72 17,844.06 50,146.13 53,921.88 70,185.83
4. Expenses:
a) Cost of materials consumed 6,992.63 7,143.65 7,671.60 20,666.30 24,552.27 32,128.77
b)Purchase of stock-in-trade 2,477.90 2,679.51 3,567.33 7,637.52 8,772.94 10,106.91
c)Changes in inventoris of finished goods, work-in- -progress and stock-in-trade 97.22 (165.15) 70.03 644.88 (840.84) (82.31)
d) Employee benefits expense 1,393.70 1,511.06 1,429.90 4,299.58

4,282.34

 5,646.59
e) Finance Cost 456.15 467.13 515.24 1,380.33 1,449.31 1,935.55
f) Depreciation and amortisation expense

382.26

 367.61 385.71 1,134.72 1,207.15 1,538.06
g) Power and Fuel 417.62 498.84 410.45 1,310.23 1,292.97 1,722.04
h) Other expenses 4,071.86 3,710.62 3,348.87 10,819.54 10,469.18 13,966.21
Total Expenses 16,290.34 16,213.37 17,399.13 47,893.10 51,185.32 67,015.82
5.Profit before exceptional items and tax (3-4) 946.76 633.94 444.93 2,253.03 2,736.56 3,170.01
6. Exceptional Items - - -   - -
7.Share of Profit of Associates (net of tax). 59.63 93.50 59.82 214.34 216.68 285.70
8. Profit Before Tax (5-6+7) 1,066.39 727.44 504.75 2,467.37 2,953.24 3,455.71
9. Tax Expenses:            
a) Current Tax 204.28 104.04 167.20 460.13 878.18 921.42
b) Deferred Tax (147.61) (136.85) 7.23 (323.46) 36.60 158.33
10. Net Profit After Tax (8-9 ) 949.72 760.25 330.32 2,330.70 2,038.46 2,375.96
11. Other Comprehensive Income:            
a) Items that will not be re-classified to the Statement of Profit & Loss            
i) Re-measurements of defined employees benefit plans 8.37 37.43 (25.09) (6.90) 10.15 (5.03)
ii) Deferred tax related on items that will not reclassified to profit or loss (2.19) (12.73) 8.19 2.28 (3.79) 1.55
b) Items that will be re-classified to the Statement of Profit & Loss - - -   - -
Total Other Comprehensive Income 5.46 24.70 (16.90) (4.62) 6.36 (3.48)
12.Total comprehensive income for the period (10+11) 955.18 784.95 313.42 2,326.08 2,044.82 2,372.48
13. Paid-up equity share capital (face value of Rs. 10/-each) 1,102.50 1,102.50 1,141.98 1,102.50 1,141.98 1,141.98
Earning per equity share of Rs. 10/- each (Not annualised)            
a) Basic 8.61 6.90 3.00 21.14 18.49 21.55
b) Diluted 8.61 6.90 3.00 21.14 18.49 21.55
             
             
Segment wise Revenue, Results, Assets and Liabilities for the Quarter and nine months ended on 31st December 2019
Particulars Quarter Ended Nine Months Ended Year Ended
31.12.2019 30.09.2019 31.12.2018 31.012.2019 31.12.2018 31.03.2019
Unaudited Unaudited Unaudited Unaudited Unaudited Audited
1.Segment Revenue
a) Leather & Leather Products 14,760.59 14,864.75 15.421.56 43,742.27 47,175.70 61,580.26
b) Textile Products 2,476.51 1,982.56 2,422.50 6,403.86 6,746.18 8,605.57
Total Segment Revenue 17,237.31 16,847.31 17,844.06 50,146.13 53,921.88 70,185.83
Less: Inter segment revenue - - -   - -
Income from Operations 17,237.31 16,847.31 17,844.06 50,146.13 53,921.88 70,185.83
2.Segment Results            
(Profit before finance cost and tax)            
a) Leather & Leather Products 1,442.76 1,097.73 802.39 3,636.28 4,030.04 5,032.05
b) Textile Products 19.78 96.84 217.60 211.42 372.51 359.21
Total Profit before finance cost and tax 1,462.54 1,194.57 1,019.09 3,847.70 4,402.55 5,391.26
Less: Finance Cost 456.15 467.13 515.24 1,380.33 1,449.31 1,935.55
Profit Before Tax 1,006.39 727.44 504.75 2,467.37 2,953.24 3,455.71

3. Segment Assets

            
a) Leather & Leather Products 62,854.71 62,536.87 64,606.61 62,854.71 64,606.61 61,152.61
b) Textile Products 9,609.93 9,871.23 10,241.38 9,609.93 10,241.38 10,006.27
Total 72,464.64 72,408.10 74,847.99 72,464.64 74,847.99 71,158.88
4. Segment Liabilities            

a) Leather & Leather Products

 31,470.04 32,067.72 35,053.69 31,470.04 35,053.69 31,876.22

b) Textile Products

 6,146.43 6,435.50 7,221.53 6,146.43 7,221.53 6,971.67
Total 37,616.47 38,503.22 42,275.22 37,616.47 42.275.22 38,847.89

5.Capital Employed

            

a) Leather & Leather Products

 31,384.67 30,469.15 29,552.92 31,384.67 29,552.92 29,276.39

b) Textile Products

 3,463.50 3,435.73 3,019.85 3,463.50 3,019.85 3,034.60

Total

 34,848.17 33,904.88 32,019.85 34,848.17 32,572.77 32,310.99
             

 
NOTES:-
 
1. The un-audited IND-AS Financial Results have been reviewed by the Audit Committee and were taken on record and approved by the Board of Directors in their meeting held on 14th February 2020. These results have been subjected to limited reviewed by Statutory auditors of the Company. However, since the consolidated financial results of the company are being submitted for the first time pursuant to the mandatory requirement with effect from 1st, April 2019, the consolidated figures for the comparative periods for the quarter/nine months ended 31st December, 2018, as reported as these financial results, have not been subjected to limited review.
 
2. These financial results have been prepared in accordance with Indian Accounting Standards (IND-AS) as prescribed under section 133 of Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and relevant amendment thereafter. These financial results of the parent company and its subsidiaries (together referred as the "Group") have been prepared in accordance with IND-AS 110 - Consolidated Financial Statements".
 
3. The figures for the quarter ended December, 2018/2019 are balancing figures between unaudited figures in respect of nine months period ended December 2018/2019 and the published year to date figures upto the half year ended September 2018/2019.
 
4. Tax Expense (Current tax) for the quarter/nine months ended 31st December 2019 is net of Income tax adjustments relating to earlier years amounting to Rs. 125.21 Lacs.
 
5. Pursuant to the Taxation Laws (Amendment) Ordinance, 2019, tax rates have changed with effect from April 01, 2019 and accordingly, the company has opted for reduced rates as permitted under Section 115BBA of the Income Tax Act, 1961. Accordingly the company has recognised provision for income tax for nine month ended December 31, 2019 and re-measured its deferred tax on the basis of rates prescribed in said section. The full impact of this change, which is estimated at Rs. 527.55 Lacs, has been evenly spread out in three quarters ended September 2019, December 2019 and March 2020.
 
6. Figures of the previous period have been regrouped and rearranged wherever necessary to correspond with current period's classification/disclosure.
 
  For and on behalf of the BOARD     
 
Date: 14.02.2020
Place - Unnao		 MUKHTARUL AMIN                     
Chairman and Managing Director          
DIN - 12108                            
© Copyright 2009, all rights reserved with Superhouse Group
mens footwear, ladies footwear, leather accessories, leather goods, leather, finished leather, safety footwear,readymade garments, riding products
leather, rugs, saddlery, apparels, leather belts, finished leather, fashion footwear, safety footwear, mens footwear, ladies footwear, leather accessories, leather goods, readymade garments, riding products, kids footwear, children footwear, saddlery manufacturing, shoes manufacturing, sandles manufacturing, chappals manufacturing, leather portfolio, fashion footwear, footwear manufacturing, finished leather footwear, leather garments rugs, leather footwear accessories, accessories leather garments, chaps textile garments