SUNDARAM BRAKE LININGS LIMITED
UNAUDITED RESULTS DEC 2014
Investor Information
UNAUDITED FINANCIAL RESULTS FOR THE QUARTER / NINE MONTHS ENDED 31st DECEMBER 2014
Rs. lacs
 
Particulars
For the Quarter / three months ended
For the Nine months ended
For the Year ended
 
  31.12.2014 30.09.2014 31.12.2013 31.12.2014 31.12.2013 31.03.2014
 
(Unaudited)
(Unaudited)
(Audited)
               
1 Income from Operations            
  (a)  Net sales /  income from operations (net of excise duty) 6,134.27 6,359.25 6,055.66 18,075.82 17,987.37 24,361.71
  (b) Other Operating Income 46.48 28.55 126.15 105.62 309.57 299.93
  Total Income from operations (net) 6,180.75 6,387.80 6,181.81 18,181.44 18,296.94 24,661.64
2 Expenses            
  (a) Cost of materials consumed 3,053.30 3,641.20 3,143.48 9,639.24 8,911.09 12,280.71
  (b) Purchases of stock-in-trade - - - - - -
  (c) Changes in inventories of finished goods & work-in-progress (42.16) (410.11) 28.08 (339.52) 415.20 450.12
  (d) Employee benefits expense 1,010.57 980.08 904.02 2,928.26 2,677.18 3,434.87
  (e) Depreciation and amortisation expense 177.00 177.00 209.58 531.00 628.74 810.92
  (f) Other expenses 1,895.01 1,986.89 1,895.72 5,817.81 5,629.33 7,970.84
  Total Expenses ( a ... f ) 6,093.72 6,375.06 6,180.88 18,576.79 18,261.54 24,947.46
3 Profit/ (Loss) from Operations before Other Income, finance cost & Exceptional items (1-2) 87.03 12.74 0.93 (395.35) 35.40 (285.82)
4 Other Income 12.08 31.39 9.03 54.50 29.92 250.87
5 Profit / (Loss) from ordinary activities before finance costs & Exceptional items (3+4) 99.11 44.13 9.96 (340.85) 65.32 (34.95)
6 Finance costs 98.75 81.05 77.40 270.25 222.70 292.66
7 Profit / (Loss) from ordinary activities after finance costs but before Exceptional items (5-6) 0.36 (36.92) (67.44) (611.10) (157.38) (327.61)
8 Exceptional items - - - - - 339.71
9 Profit / (Loss) from Ordinary Activities Before Tax (7 - 8) 0.36 (36.92) (67.44) (611.10) (157.38) 12.10
               
10 Tax expense            
  - Current Tax - - - - - (0.05)
  - Previous Year's Tax - - - - - (409.29)
  - Deferred Tax - - - - - (124.40)
               
11 Net Profit/ (Loss) from Ordinary Activities After Tax (9 - 10) 0.36 (36.92) (67.44) (611.10) (157.38) (521.64)
12 Extraordinary Items (net)  (net of tax expense) - - - - - -
13 Net Profit / (Loss) for the period (11 - 12) 0.36 (36.92) (67.44) (611.10) (157.38) (521.64)
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 - - - - - 8,265.71
16 Earnings Per Share  (EPS) - in Rs.            
  a) Basic and diluted EPS before Extraordinary items (not annualised) - in Rs. 0.01 (0.94) (1.71) (15.53) (4.00) (13.26)
  b) Basic and diluted EPS after Extraordinary items (not annualised) - in Rs. 0.01 (0.94) (1.71) (15.53) (4.00) (13.26)
  See accompanying note to the financial results            
PART II
Select information for the quarter and nine month ended 31st December 2014, same period of previous year and previous year ended 31st March 2014
A PARTICULARS OF SHAREHOLDING            
1 Public shareholding            
  - Number of shares 1,355,791 1,355,791 1,335,791 1,355,791 1,335,791 1,335,791
  - Percentage  of shareholding 34.5% 34.5% 34.0% 34.5% 34.0% 34.0%
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 2,578,784 2,578,784 2,598,784 2,578,784 2,598,784 2,598,784
  - 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) 65.5% 65.5% 66.0% 65.5% 66.0% 66.0%
 
Particulars
3 months ended 31st December 2014
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. Depreciation  for the current  year has been charged  with reference to the  estimated useful  life as given in Schedule II
    of Companies act 2013. In respect of assets whose useful life stood completed as at 01.04.2014, necessary adjustment
    against retained earnings will be made at year end.

3. The above  results were reviewed by the  Audit Committee at its meeting  held on 31st January 2015 and  approved by
    the Board of Directors at its meeting held on 3rd February 2015 and a limited audit review of the same has been carried
    out by the Statutory Auditors.
4. 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                                              

KRISHNA MAHESH

MANAGING DIRECTOR
  3rd January 2015
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