Search
 
Annual Results
Quarterly Results
Financials At A Glance
Share Holder's Query
 
 
 
 
 
GREENPLY INDUSTRIES LIMITED
Regd.Office:Makum Road, Tinsukia, Assam
UNAUDITED FINANCIAL RESULTS (Provisional) For The Quater Ended On 31st December, 2007
(Rs. in lacs)  
Sl. No. Particulars Quarter
ended on 31.12.2007 (Unaudited)		 Quarter
ended on 31.12.2006 (Unaudited)		 Nine Months
ended on
31.12.2007
(Unaudited)		 Nine Month
sended on
31.12.2006
(Unaudited)		 Year ended
on
31.03.2007
(Audited)
1 Net Sales/Income from Operations          
  Gross Sales 16255.34 11921.69 45798.62 33821.06 46952.46
  Less: Excise Duty on Sales 1003.28 1036.54 2993.75 3044.00 4029.84
  Less: VAT/Sales Tax & Turnover Tax 1332.71 905.76 3722.36 2618.02 3702.67
  Net Sales/Income from Operations 13919.35 9979.39 39082.51 28159.04 39219.95
2 Other Income 27.88 1.44 430.68 64.78 83.07
3 Total Income 13947.23 9980.83 39513.19 28223.82 39303.02
4 Expenditure
  a) Increase) / decrease in stock in trade & Work in progress 28.42 (544.48) (630.10) (722.48) (1338.57)
  b) Consumption of Raw materials 7374.03 6638.25 22215.42 18153.70 24919.59
  c) Purchase of
Finished Goods		 603.20 13.97 952.82 77.30 181.64
  d) Staff Cost 1078.96 723.58 2823.34 2009.76 2912.91
  e) Depreciation 359.41 237.87 980.57 596.21 864.83
  f) Administrative & Selling Expenses 2147.94 1244.83 5967.17 3937.24 5815.08
  g) Other Expenditure   583.02 469.78 1808.08 1409.92 2115.86
5 Interest 456.14 390.58 1374.86 885.16 1174.79
6 Exceptional Items                  -                    -                    -                    -                           -  
7 Profit (+) / Loss (-) from Ordinary activities before tax  1316.11 806.45 4021.03 1877.01 2656.89
8 Tax Expenses          
  for Current (176.07) (86.00) (658.07) (200.00) (270.00)
  for Deferred (147.93) (56.99) (326.74) (63.20) (92.59)
  for Fringe Benefits Tax (11.75) (9.00) (30.00) (24.00) (33.00)
  for Earlier year                  -                    -                    -   (8.98) (8.98)
9 Net Profit (+) / Loss (-) from ordinary activities after tax 980.36 654.46 3006.22 1580.83 2252.32
10 Extra ordinary items (net of tax expense)                  -                    -                    -                    -                           -  
11 Net Profit (+) / Loss (-) for the period 980.36 654.46 3006.22 1580.83 2252.32
12 Paid-up Equity Share Capital  849.87 822.62 849.87 822.62 822.62
  (Face value Rs.5/-per share)          
13 Reserves excluding Revaluation Reserves                  -                    -                    -                    -   9874.67
14 a) EPS (Rs.) before Extraordinary Items:
  Basic 5.77* 3.98* 17.69* 9.61* 14.18
  Diluted  5.77* 3.85* 17.69* 9.30* 13.80
  b) EPS (Rs.) after Extraordinary Items:
  Basic 5.77* 3.98* 17.69* 9.61* 14.18
  Diluted  5.77* 3.85* 17.69* 9.30* 13.80
15 Public Share holding
  Number of Shares 7662800 7662800 7662800 7662800 7662800
  Percentage of Shareholding 45.08 46.58 45.08 46.58 46.58
16 Dividend recommended / Declared / Paid - - 30% 20% 50%
*not annualised
  1. 1 The above results have been reviewed by the Audit Committee and taken on record by the Board of Directors of the Company at its meeting held on 22nd January,2008.
  2. Figures of the previous year/quarter/nine months have been re-grouped and/or rearranged wherever necessary.
  3. The status of investor complaints received and disposed off during the quarter ended 31st December, 2007 is as under: Complaints pending at the beginning of the quarter is Nil; received during the quarter is Nil; disposal of complaints  is N.A. and  complaints lying un-resolved at the end of the quarter is N.A.
  4. During the quarter the Company has converted 4,00,000 Convertible Warrants No.2 of Rs 5/- each issued at a premium of Rs 109/-per warrant through Preferential issue in the year 2006-07 into 4,00,000 Equity Shares of Rs 5/- each at a premium of Rs 109/- pershare. Accordingly, the paid-up equity capital of the Company has increased from Rs 829.87 lacs to Rs 849.87 lacs.
  5. During the quarter the Company has acquired Galaxy Décor Private Limited and Platinum Veneers Private Limited, both engaged inthe business segment of manufacturing Plywood and its allied products, as wholly owned subsidiary companies.
  6. The Board of Directors at its meeting held on 22nd January,2008 has approved the Scheme of Amalgamation of Galaxy Décor PrivateLimited and Platinum Veneers Private Limited (both unquoted and Wholly Owned Subsidiary Companies of Greenply Industries Limited)with Greenply Industries Limited.
  7. EPS-Basic/Diluted has been calculated on equity share of face value of Rs.5/- each considering enhanced capital.
  8. The company has raised Rs. 4060.68 lacs through preferential allotment of equity  shares and Convertible Warrants and accordinglyto Listing Agreement the details of  utilisation  of  proceeds are as follows:
Particulars Amount(Rs./lacs)
Redemption of all 6% Cumulative Redeemable Preference Shares      1,001.47
Capital Expenditure      1,426.88
Working Capital      1,068.83
Total      3,497.18

  1. The Company has Wholly Owned Subsidiary Companies i.e. Greenlam Asia Pacific Pte. Ltd. (formerly GIL Intercontinental Pte. Ltd.),Galaxy Décor Private Limited and Platinum Veneers Private Limited. The consolidated figures for the nine months ended on 31stDecember 2007 are as follows:Turnover-Rs. 48572.83 lacs , Net Profit after tax-Rs. 3076.01 Lacs, EPS (Basic) - Rs. 18.10 and EPS (Diluted) - Rs. 18.10.
By order of the Board
Saurabh Mittal
Joint Managing Director & CEO

Place: New Delhi
Dated: 22nd January, 2008
GREENPLY INDUSTRIES LIMITED
Regd. Office : Makum Road, Tinsukia, Assam
Segmentwise Revenue, Results and Capital Employed
Particulars Quarter
ended on
31.12.2007
(Unaudited)		 Quarter
ended on 
31.12.2006
(Unaudited)		 Nine Months
ended on
31.12.2007
(Unaudited)		 Nine Months
ended on
31.12.2006
(Unaudited)		 Year ended
on 31.03.2007
(Audited)
Segment Revenue          
a )Plywood & Allied Products 8976.70 5838.78 24512.37 15711.47 22465.48
b )Laminates & Allied Products 7288.19 6091.80 21687.88 18143.57 24546.87
Total 16264.89 11930.58 46200.25 33855.04 47012.35
 
Less: Inter Segment Revenue 263.46 237.22 1026.05 1022.59 1233.77
 
Gross Sales / Income From Operation 16001.43 11693.36 45174.20 32832.45 45778.58
 
Segment Result          
a) Plywood & Allied Products 1701.18 1061.52 4793.93 2255.31 3071.05
b) Laminates & Allied Products 1311.78 582.15 3784.99 1897.59 2985.48
 
Total 3012.96 1643.67 8578.92 4152.90 6056.53
Less:Interest (Net) 456.14 390.58 1374.86 885.16 1174.79
 
Other Unallocable expenditure
net of unallocable income		 1240.71 446.64 3183.03 1390.73 2224.85
Total Profit before Tax 1316.11 806.45 4021.03 1877.01 2656.89
 
Capital employed          
a) Plywood & Allied Products 19380.41 16824.49 19380.41 16824.49 16674.72
b) Laminates & Allied Products 9116.45 6329.59 9116.45 6329.59 7709.86
Total 28496.86 23154.08 28496.86 23154.08 24384.58
Note: The above results have been reviewed by the Audit Committee and taken on record by the Board of Directors of the company at its meeting held on 22nd January,2008.

By order of the Board
Saurabh Mittal
Joint Managing Director & CEO

Place: New Delhi
Dated: 22nd January,2008

 
 
Copyright © 2007-2008 Greenply.com. All Rights Reserved. Powered by 4D MarComm.