SUNDARAM BRAKE LININGS LIMITED
UNAUDITED RESULTS DEC2012
Investor Information
UNAUDITED FINANCIAL RESULTS FOR THE QUARTER / NINE MONTHS ENDED 31st DECEMBER 2012
Rs. lacs
  Particulars For the Quarter / three months ended For the nine months ended Year ended
       
  31.12.2012 30.09.2012 31.12.2011 31.12.2012 31.12.2011 31.03.2012
  (Unaudited) (Unaudited) (Audited)
               
1 Income from Operations            
  (a) Net sales / income from operations (net of excise duty) 5,956.33 5,312.12 6,288.52 16,849.96 19,075.60 25,354.61
  (b) Other Operating Income 64.90 28.20 (24.41) 199.12 143.98 216.21
  Total Income from operations (net) 6,021.23 5,340.32 6,264.11 17,049.08 19,219.58 25,570.82
2 Expenses            
  (a) Cost of materials consumed 2,845.23 2,928.80 3,163.32 8,648.64 10,057.43 13,179.28
  (b) Purchases of stock-in-trade - - - - -  -
  (c) Changes in inventories of finished goods & work-in-progress 85.41 (335.57) (0.10) (252.60) (125.83) (185.35)
  (d) Employee benefits expense 911.96 895.25 870.76 2,727.87 2,534.31 3,337.58
  (e) Depreciation and amortisation expense 193.92 175.98 193.20 581.76 588.24 762.50
  (f) Other expenses 1,992.85 1,790.46 1,726.68 5,692.71 5,077.86 7,042.22
  Total Expenses ( a ... f ) 6,029.37 5,454.92 5,953.86 17,398.38 18,132.01 24,136.23
3 Profit / (Loss) from Operations before Other Income, finance cost & Exceptional items (1-2) (8.14) (114.60) 310.25 (349.30) 1,087.57 1,434.59
4 Other Income 10.51 6.75 15.08 24.14 49.11 67.35
5 Profit / (Loss) from ordinary activities before finance costs & Exceptional items (3+4) 2.37 (107.85) 325.33 (325.16) 1,136.68 1,501.94
6 Finance costs 87.53 81.39 114.60 256.93 320.15 386.39
7 Profit / (Loss) from ordinary activities after finance costs but before Exceptional items (5-6) (85.16) (189.24) 210.73 (582.09) 816.53 1,115.55
8 Exceptional items - - - - - -
9 Profit / (Loss) from Ordinary Activities Before Tax (7 - 8) (85.16) (189.24) 210.73 (582.09) 816.53 1,115.55
10 Tax expense - - 42.63 0.00 167.50 227.33
11 Net Profit / (Loss) from Ordinary Activities After Tax (9 - 10)
(85.16)
(189.24)
168.10
(582.09)
649.03
888.22
12 Extraordinary Items (net) (net of tax expense) - - 139.99 - 419.96 831.76
13 Net Profit / (Loss) for the period (11 - 12) (85.16) (189.24) 28.11 (582.09) 229.07 56.46
14 Paid up Equity Share Capital-Face Value-Rs.10/- each 393.46 393.46 393.46 393.46 393.46 393.46
15 Reserves excluding Revaluation Reserve as per balance sheet of previous accounting year           9,228.15
16 Earnings Per Share (EPS) - in Rs.            
  a) Basic and diluted EPS before Extraordinary items (not annualised) - in Rs. (2.16) (4.81) 4.27 (14.79) 16.50 22.57
  b) Basic and diluted EPS after Extraordinary items (not annualised) - in Rs. (2.16) (4.81) 0.71 (14.79) 5.82 1.44
  See accompanying note to the financial results            
PART II            
Select information for the quarter and nine months ended 31st December 2012, same period of previous year and previous year ended 31st March 2012
A PARTICULARS OF SHAREHOLDING            
1 Public shareholding            
  - Number of shares 1,392,734 1,392,734 1,392,734 1,392,734 1,392,734 1,392,734
  - Percentage  of shareholding 35.4% 35.4% 35.4% 35.4% 35.4% 35.4%
2 Promoters and Promoter Group Shareholding            
  a. Pledged/Encumbered            
  - Number of shares Nil Nil Nil Nil Nil Nil
  - Percentage of shares (as a % of the total shareholding of the promoter and promoter group) Nil Nil Nil Nil Nil Nil
             
  - Percentage of shares (as a % of the total share capital of the company) Nil Nil Nil Nil Nil Nil
             
  b. Non-encumbered            
  - Number of shares 2,541,841 2,541,841 2,541,841 2,541,841 2,541,841 2,541,841
  - Percentage of shares (as a % of the total shareholding of the promoter and promoter group) 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
             
  - Percentage of shares (as a % of the total share capital of the company) 64.6% 64.6% 64.6% 64.6% 64.6% 64.6%
             
 
  Particulars 3 months ended 31st December 2012  
B INVESTOR COMPLAINTS    
       
  Pending at the beginning of the quarter Nil  
  Received during the quarter Nil  
  Disposed of during the quarter Nil  
  Remaining unresolved at the end of the quarter Nil  
   
Notes :  
1 The operations of the Company relate only to one segment viz., friction materials.
2 The above results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 6th February 2013 and a limited audit review of the same has been carried out by the Statutory Auditors.
 
3 Prior period figures have been regrouped wherever necessary to conform to current period classification.
      On behalf of the Board
  For SUNDARAM BRAKE LININGS LIMITED
   
  Chennai K MAHESH
  06th February 2013 CHAIRMAN & MANAGING DIRECTOR