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AUTOPARTS LIMITED

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ISO 9001 : 2008

Regd Off: # 0-4 & 0-5, Industrial Estate, Renigunta
GIN No. L34201AP1983PLG003817
Phone: +91-877-2271990/2274765/6542779,

Road, TIRUPATI-

517 506, A.P., India

Fax: +91-877-2271991 E-mail: sibarauto77@yahoo.com,

No. SAPLIBSEI2016-17

web: www.sibarauto.com

Date: 11.11.2016

To

Mis. Bombay Stock Exchange Ltd,

Floor 25, P J Towers,
Dalal Street,
Mumbai - 400 001.

Dear Sir,

Sub:- Un Audited Financial Results for 2nd Quarter and half year ended
30th September'2016:Reg
Ref: Regulation-33 Financial Result of the Listing Agreement.
Script Code:520141

In due compliance of Regulation-33 of Financial Result of the listing agreement we herewith

submit the Un Audited Financial Result for 2nd Quarter and half year ended 30th

September'

2016 which were considered and approved by the Board of Directors at the meeting held on
11th day of November' 20 16 at 2.30 P.M., at the Registered Office of the Company. We are also
enclosing herewith Limited Auditor's Review Report.
This is for your information and records.

Thanking you
Yours truly

F~ib

Auto Parts Ltd

Authori ed Signatory
Encl: As above

SI8ARAUTOPARTSUMITED
D4 & OS, Industrial Estate, Renlgunta Road, TIrupati - 517506

Unaudited Financial Results for the Quarter ended 30.09.2016

In lakhs
PARTICULARS

3 months

Preceding 3

Corresponding

ended
30.09.2016
Unaudited

months ended

3 months ended
30.09.2015
Unaudited

30.06.2016
Unaudited

Year

Half year ended

30.09.2016 30.09.2015
Unaudited
Unaudited

ended
31.03.2016
Audited

Income from operations

(a) Net sales/lncome from operations

586.27

524.65

439.58

1110.93

852.54

1595.85

(~ Other operating Income

Total income from operations (net)

0
586.27

0
524.65

0
439.58

0
1110.93

0
852.54

0
1595.85

387.16
0
1.01

339.31
0
(19.91)

278.41
0
(8.64)

726.47
0
(18.91)

494.58
24.69

904.39
0
(6.28)

84.45
10.91
95.41

86.07
9.02
93.73

77.88
6.24
78.89

170.52
19.93
189.15

151.22
11.97
152.77

308.25
26.58
350.49

578.94

508.22

1087.16

835.23

1583.43

items (1-2)

7.33

16.43

6.80

23.77

17.31

12.42

Other income

5.30

1.22

3.50

6.51

4.64

14.86

12.63
11.49

17.65
12.61

10.30
10.33

30.28
24.10

21.95
16.57

27.28
36.72

1.14

5.04

(0.03)

6.18

5.38

(9.44)

0
1.14
0

0
5.04
0

(0.03)
0

6.18
0

5.38
0

(9.44)
0.50
6.31

1.14

5.04

(0.03)

6.18

5.38

(16.25)

0.00
1.14

0
5.04

5.56
5.53

0.00
6.18

12.10
17.48

12.10
(4.15)

1.14
953.51

5.04
953.51

5.53
953.51

6.18
953.51

17.48
953.51

(4.15
953.51

0.01
0.01

0.05
0.05

0.00
0.00

0.06
0.06

0.06
0.06

(0.17)
(0.17)

0.01
0.01

0.05
0.05

0.06
0.06

0.06
0.06

0.18
0.18

(0.04)
(0.04)

2 Expenses

(a) Cost of materials consumed

(b) Purchases of stock-in-trade
(c) Changes in inventories of finished goods,
work-In-progress

and stock-in-trade

(d) Employee benefits expense

(e) Depreciation and amortisation expense
(f) Other expenses(Any item exceeding
10"" of the total expenses relating to
continuing

operations

to be shown

separately)
Total expenses

432.78

3 Profit / (loss) from operations before other

Income, finance! costs and exceptional

s Profit / (loss) from ordinary activities

before finance costs and exceptional

items

(3 +4)
6 Finance costs

7 Profit / (loss) from ordinary activities after

finance costs but before exceptional

items

(5 -6)
8 Exceptional items
Profit / (loss) from ordinary activities
before tax
10

(7 + 8)
Tax expense

11

Deffered

tax

11 Net Profit / (loss) from ordinary activities

after tax (9 + 10)
12 Extraordinary

items (net of tax expense'

__

lakhs)
13 Net Profit / (loss) for the period (11 + 12)
Share of profit / (loss) of assoclates"
Minority lnterest "
,I. Net Profit / (lOSS)after taxes, minority
interest and share of profit / (loss) of
I'

I'

associates (13 + 14 + 15)

17

Paid-up equity share capital

(Face Value of the 5hare shall be indicated)

18

Reserve excluding Revaluation

Reserves as

per balance sheet of previous accounting

Earnings per share (before

year

extraordinary

items)

[of ' 10.../- each) (not annualised):

19i (a) 8asic
(b) Diluted
Earnings per share (after extraordinary

items)
(of 10 --1- each) (not annualised):
19ii (a) Basic
(b) Diluted
See accornoanvlnz note to the financial results
Note:
1. Figures for the previous year/period

have been regrouped

wherever

necessary

2. The above result have been reviewed by the Audit Committee and approved by the Board of the Directors
in the meeting held on 11.11.2016
8y Order OfrBoard

Place: Tirupati

Date: 11.11.2016

of Directors

iJ'~
t.~EE
ARAYANA
VICECHAIRMAN& MANAGINGDIRECTOR

Statement of Assets and liabilities

for the half year ended 30th September'2016

~
Assets and Liabilities

As at

half year

year

ended

ended

30.09.2016

31.03.2016

Particulars
A

In Lakhs

As at

EQUllY AND LIABILITIES

1 Shareholders' funds
(a) Share-capital
(b) Reserves and surplus

953.51

953.51

(631.12)

(637.30)

322.39

316.21

647.03

431.35

13.54

13.54

660.57

444.89

(c) Money received against share warrants

Sub-total - Shareholders' funds
2 Share application money pending allotment
3 Minority interest
4 Non-current liabilities
(a) Long-term borrowings.
(b) Deferred tax liabilities (net)
(c) Other long-term liabilities
(d) Long-term provisions
Sub-total - Non-current

liabilities

5 Current liabilities
1.60

1.60

348.21

273.26

(c) Other current liabilities

12.24

48.96

(d) Short-term provisions

64.73
426.78

59.60
383.42

1,409.74

1,144.52

480.15

434.30

84.20

72.72

7.02

7.02

(a) Short-term borrowings

(b) Trade payables

Sub-total - Current liabilities

TOTAl- EQUITY AND LIABILITIES
B

ASSETS
1 1 Non-current assets
(a) Fixed assets
(i) Capital work in process
(b) Goodwill on consolidation

(c) Non-current investments

(d) Deferred tax assets (net)
(e) Long-term loans and advances
(f) Other non-current assets
Sub-total - Non-current assets

104.45

24.70

675.82

538.74

2 Current assets
(a) Current investments
(b) Inventories

184.19

158.00

(c) Trade receivables

479.63

376.73

(d) Cash and cash equivalents

14.12

10.67

(e) Short-term loans and advances

27.08

(f) Other current assets

28.90

16.89
43.49

733.92

605.78

1,409.74

1,144.52

Sub-total - Current assets

TOTAl- ASSETS

SPC&ASS
Cha

tered

Accountants

Annexure rv to Clause 41
limited Review Report on Financial Results for Companies Other Than Banks/ FInance Companies

Review Report to the Soard of Directors of Sibar Auto Parts limited

Introduction
We have reviewed Part I ~ Unaudited Financial Results for the Quarter Ended 30/09/2016 of the
accompanying Statement of Unaudited Financial Results ("Part I of the Statement"} of Sibar Auto Parts
Limited, which has been approved by the Board of Directors/ Committee of Board of Directors except
for the disclosures regarding 'Public Sharehotding' and 'Promoter and Promoter Group shareholding'
which have been traced from disclosures made by the management and have not been audited by us.
Management is responsible for the preparation and presentation of the said Part I of the Statement in
accordance with applicable Accounting Standards and other recognized accounting practices and
policies. Our responsibility is to express a conclusion on the said Part I of the Statement based on our
review.

Scope of Review
We conducted our review in accordance with the Standard on Review Engagements (SRE)2410, 'Review
of Interim Financial Information Performed by the Independent Auditor of the Entity' issued by the
Institute of Chartered Accountants of India. A review of interim financial information consists of making
inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical
and other review procedures. A review is substantially less in scope than an audit conducted in
accordance with Standards on Auditing and consequently does not enable us to obtain assurance that
we would become aware of all significant matters that might be identified in an audit. Accordingly, We
do not express an audit opinion.
Conclusion
Based oh our review conducted as above, nothing has come to our attention that causes us to believe
that the said Part I of the Statement is not prepared, in all material respects, in accordance with
applicable Accounting Standards and other recognized accounting practices and policies and has not
disclosed the information required to be disclosed in terms of Clause 41 of the Listing Agreement
including the manner in which it is to be disclosed.
For SPC&Associates
Chartered Accountants
FRN: 0056855
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L,~ ".... ... ~-;' r

~--~~
CA'Sundan P

Date: 11/11/2016
Place: Hyderabad

Partner
MRN: 217719

Audit & Assurance

Plol

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Tax Consulting

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