General information about company

Scrip code533018
NSE SymbolNOT APPLICABLE
MSEI SymbolNOT APPLICABLE
ISIN*INE457H01019
Name of companySIMPLEX MILLS COMPANY LIMITED
Type of company
Class of securityEquity
Date of start of financial year01-04-2020
Date of end of financial year31-03-2021
Date of board meeting when results were approved20-10-2020
Date on which prior intimation of the meeting for considering financial results was informed to the exchange12-10-2020
Description of presentation currencyINR
Level of rounding used in financial resultsLakhs
Reporting QuarterHalf yearly
Nature of report standalone or consolidatedStandalone
Whether results are audited or unauditedUnaudited
Segment ReportingSingle segment
Description of single segmentTEXTILE
Start date and time of board meeting20-10-2020 11:20
End date and time of board meeting20-10-2020 11:45
Declaration of unmodified opinion or statement on impact of audit qualificationNot applicable



Financial Results Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-07-202001-04-2020
BDate of end of reporting period30-09-202030-09-2020
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1Income
Revenue from operations00
Other income15.8231.39
Total income15.8231.39
2Expenses
(a)Cost of materials consumed00
(b)Purchases of stock-in-trade00
(c)Changes in inventories of finished goods, work-in-progress and stock-in-trade00
(d)Employee benefit expense 0.40.4
(e)Finance costs3.987.91
(f)Depreciation, depletion and amortisation expense1.42.77
(f)Other Expenses
1Other Expenses8.2214.28
10
Total other expenses8.2214.28
Total expenses1425.36

Financial Results Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-07-202001-04-2020
BDate of end of reporting period30-09-202030-09-2020
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
3Total profit before exceptional items and tax1.826.03
4Exceptional items 00
5Total profit before tax1.826.03
7Tax expense
8Current tax00
9Deferred tax00
10Total tax expenses00
11Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement00
14Net Profit Loss for the period from continuing operations1.826.03
15Profit (loss) from discontinued operations before tax00
16Tax expense of discontinued operations00
17Net profit (loss) from discontinued operation after tax00
19Share of profit (loss) of associates and joint ventures accounted for using equity method00
21Total profit (loss) for period1.826.03

Financial Results Ind-AS

Particulars3 months/ 6 month ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-07-202001-04-2020
BDate of end of reporting period30-09-202030-09-2020
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Other comprehensive income [Abstract]
1Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2Income tax relating to items that will not be reclassified to profit or loss 00
3Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4Income tax relating to items that will be reclassified to profit or loss 00
5Total Other comprehensive income00

Financial Results Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-07-202001-04-2020
BDate of end of reporting period30-09-202030-09-2020
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
23Total Comprehensive Income for the period1.826.03
24Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
25Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent00
Total comprehensive income for the period attributable to owners of parent non-controlling interests00
26Details of equity share capital
Paid-up equity share capital300.05300.05
Face value of equity share capital1010
27Details of debt securities
28Reserves excluding revaluation reserve
29Earnings per share
iEarnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations0.060.2
Diluted earnings (loss) per share from continuing operations0.060.2
iiEarnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations00
Diluted earnings (loss) per share from discontinued operations00
iiEarnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations0.060.2
Diluted earnings (loss) per share from continuing and discontinued operations0.060.2
30Debt equity ratio
31Debt service coverage ratio
32Interest service coverage ratio
33Disclosure of notes on financial resultsTextual Information(1)

Text Block

Textual Information(1)Notes:
1. The Unaudited Financial Results for the quarter and half year ended 30th September, 2020 have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 20th October, 2020 in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These results have been prepared in accordance with the Ind AS notified under the Companies (Indian Accounting Standards) Rules, 2015.
2. The Statutory Auditors have carried out "Limited Review" of the financial results for the quarter and half year ended 30th September, 2020.
3. The Company, as at the date approval of these financial results has considered internal and external sources of information, in assessing the possible effects that may result from the global health pandemic relating to COVID-19 on the carrying amounts of loans, investments, receivables, inventories and other assets. As on the date of approval of these financial results, the Company has concluded that the impact of COVID - 19 is not material based on these estimates and expects to recover the carrying amount of these assets. The impact of the global health pandemic may be different from that estimated as at the date of approval of these financial results, the Company will continue to monitor any changes to the future economic conditions.
4. The Company has only one reportable segment viz."Textile", disclosure under Ind AS 108 on ''Operating Segments'' is not applicable.
5. Figures of the previous period have been regrouped, wherever necessary, to conform to the current period's presentation.



Statement of Asset and Liabilities

ParticularsHalf year ended (dd-mm-yyyy)
Date of start of reporting period01-04-2020
Date of end of reporting period30-09-2020
Whether results are audited or unauditedUnaudited
Nature of report standalone or consolidatedStandalone
Assets
1 Non-current assets
Property, plant and equipment418.37
Capital work-in-progress0
Investment property0
Goodwill0
Other intangible assets0
Intangible assets under development0
Biological assets other than bearer plants0
Investments accounted for using equity method0
Non-current financial assets
Non-current investments0
Trade receivables, non-current0
Loans, non-current0.33
Other non-current financial assets0
Total non-current financial assets0.33
Deferred tax assets (net)0
Other non-current assets12.38
Total non-current assets431.08
2Current assets
Inventories1.7
Current financial asset
Current investments0
Trade receivables, current0
Cash and cash equivalents5.05
Bank balance other than cash and cash equivalents0
Loans, current224.55
Other current financial assets8.97
Total current financial assets238.57
Current tax assets (net)0
Other current assets11.59
Total current assets251.86

Statement of Asset and Liabilities

ParticularsHalf year ended (dd-mm-yyyy)
Date of start of reporting period01-04-2020
Date of end of reporting period30-09-2020
Whether results are audited or unauditedUnaudited
Nature of report standalone or consolidatedStandalone
3Non-current assets classified as held for sale0
4Regulatory deferral account debit balances and related deferred tax Assets0
Total assets682.94
Equity and liabilities
Equity
Equity attributable to owners of parent
Equity share capital300.05
Other equity-706
Total equity attributable to owners of parent-405.95
Non controlling interest
Total equity-405.95
Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current186.19
Trade payables, non-current0
Other non-current financial liabilities1.13
Total non-current financial liabilities187.32
Provisions, non-current0
Deferred tax liabilities (net)0
Deferred government grants, Non-current0
Other non-current liabilities625.86
Total non-current liabilities813.18
Current liabilities
Current financial liabilities
Borrowings, current0
Trade payables, current9.65
Other current financial liabilities8.4
Total current financial liabilities18.05
Other current liabilities257.66
Provisions, current0
Current tax liabilities (Net)0
Deferred government grants, Current0
Total current liabilities275.71
3Liabilities directly associated with assets in disposal group classified as held for sale0
4Regulatory deferral account credit balances and related deferred tax liability0
Total liabilities1088.89
Total equity and liabilites682.94
Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results

Particulars3 months/ 6 month ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period01-07-202001-04-2020
Date of end of reporting period30-09-202030-09-2020
Whether accounts are audited or unauditedUnauditedUnaudited
Nature of report standalone or consolidatedStandaloneStandalone
1Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3(Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets
Net Segment Asset
4Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments