SEYA INDUSTRIES LIMITED

Regd. Office : T-14, MIDC, Tarapur, Boisar, Dist. Palghar - 401506

: info@seya.in, : www.seya.in CIN: L99999MH1990PLC058499

STATEMENT OF STAND-ALONE RESULTS FOR THE QUARTER AND NINE MONTHS ENDED ON DECEMBER 31, 2016 (Rs in Lakhs)
(Limited Review) (Audited)
Sr.
No.
PARTICULARS
31-Dec-16
Quarter Ended
30-Sep-16 31-Dec-15
Nine Months Ended
31-Dec-16 31-Dec-15
Year Ended
31-Mar-16
Emerging Leader in Speciality Chemicals
1 Income from Operations
(a) Net Sales/Income from Operations (Net of Excise Duty) 7,794.33 7,611.33 7,159.94 22,846.83 20,121.14 27,528.04
REVENUE EBIDTA PBT PAT Net-Worth
(b) Other Operating Income - - - - - -
Total Income from Operations (net) 7,794.33 7,611.33 7,159.94 22,846.83 20,121.14 27,528.04 13.55% `22,847 43.04% ` 4,939
74.87% ` 2,938 30.79% ` 2,506
84.12% ` 43,371
2 Expenses Lakhs Lakhs Lakhs Lakhs Lakhs
(a) Cost of Materials consumed & Stock in Trade 5,660.73 5,668.20 4,949.77 16,940.43 14,670.62 20,330.55
(b) Changes in inventories of finished goods, work-in-progress and stock-in-trade 139.61 (5.78) 674.82 189.03 1,204.15 1,353.48
(c) Employee benefit expense 71.83 65.41 55.56 200.99 157.07 214.18
(d) Depreciation and amortisation expense 359.86 348.31 275.77 1,033.44 822.51 1,093.21 SEGMENT-WISE REVENUE AND RESULTS
(e) Other expenses 185.75 235.53 213.70 577.18 636.38 804.33 (Rs in Lakhs)
Total Expenses 6,417.78 6,311.67 6,169.63 18,941.07 17,490.73 23,795.76 (Limited Review) Audited
Sr.
3 Profit from Operations before Other Income, Finance Costs and Exceptional Items (1-2) 1,376.55 1,299.67 990.31 3,905.75 2,630.42 3,732.28 PARTICULARS Quarter Ended Nine Months Ended Year Ended
No.
4 Other Income 21.79 13.60 1.92 40.11 26.37 183.75 31-Dec-16 30-Sep-16 31-Dec-15 31-Dec-16 31-Dec-15 31-Mar-16
5 Profit from ordinary activities before finance costs and exceptional Items (3+4) 1,398.34 1,313.26 992.23 3,945.86 2,656.79 3,916.04 1 Segment Revenue:
6 Finance Costs 401.94 322.20 312.56 1,007.40 976.41 1,271.94 (a) Inorganic Intermediates 6.31 8.53 1.81 25.08 2.82 8.52
7 Profit from ordinary activities after finance costs but before exceptional Items (5+6) 996.39 991.06 679.67 2,938.46 1,680.39 2,644.10 (b) Organic Intermediates - 4.40 178.76 4.40 760.86 918.28
8 Exceptional items - - - - - - (c) Fine & Speciality Chemical Intermediates 7,771.14 7,570.96 6,907.87 22,675.23 19,034.64 26,177.73
9 Profit from Ordinary Activities before tax (7+8) 996.39 991.06 679.67 2,938.46 1,680.39 2,644.10 (d) Pharmaceutical Intermediates 16.75 18.47 70.68 130.89 317.63 362.95
10 Tax Expense 61.11 156.31 (17.89) 432.60 (235.49) (34.23) (e) Agrochemicals Intermediates 0.13 8.97 0.82 11.22 5.19 60.57
- Current Tax 203.15 202.07 145.05 608.18 355.21 563.92 Total Net Sales / Income from Operations 7,794.33 7,611.33 7,159.94 22,846.83 20,121.14 27,528.04
- Mat Credit Entitlement (203.15) (122.73) (134.71) (480.80) (230.36) (564.30) 2 Segment Results before Tax & Interest:
- Deferred Tax 61.11 76.98 (28.23) 305.22 (360.34) (33.86) (a) Inorganic Intermediates 1.61 2.18 0.39 6.28 0.60 1.81
11 Net Profit from Ordinary Activities after tax (9+10) 935.29 834.75 697.56 2,505.85 1,915.86 2,678.33 (b) Organic Intermediates - 1.13 38.33 1.10 160.57 194.94
12 Extraordinary Items (net of tax expense) - - - - - - (c) Fine & Speciality Chemical Intermediates 1,988.06 1,938.57 1,481.29 5,674.42 4,017.07 5,557.34
13 Net Profit for the period (11+12) 935.29 834.75 697.56 2,505.85 1,915.86 2,678.33 (d) Pharmaceutical Intermediates 4.29 4.73 15.16 32.75 67.03 77.05
14 Paid-up equity share capital 2,035.00 1,100.00 1,100.00 2,035.00 1,100.00 1,100.00 (e) Agrochemicals Intermediates 0.03 2.30 0.18 2.81 1.10 12.86
Face Value of Share 10.00 10.00 10.00 10.00 10.00 10.00 Total 1,993.99 1,948.91 1,535.34 5,717.36 4,246.37 5,844.00
15 Reserves excluding Revaluation Reserves as per balance sheet of previous accounting year 26,209.96 9,379.67 7,330.27 26,209.96 7,330.27 7,809.10 Less: (i) Interest 401.94 322.20 312.56 1,007.40 976.41 1,271.94
16 Earnings Per Share (EPS) before and after Extraordinary Items (ii) Other un-allocable expenditure 595.65 635.65 543.11 1,771.51 1,589.59 1,927.96
(a) Basic 4.60 7.59 6.34 12.31 17.42 24.35 (Net of un-allocable Income)
(b) Diluted 3.80 7.59 6.34 10.19 17.42 24.35 Total Profit Before Tax 996.39 991.06 679.67 2,938.45 1,680.39 2,644.10
17 Net-worth 43,371.13 25,605.84 23,556.44 43,371.13 23,556.44 24,035.27 3 Capital Employed
18 Debt Service Coverage Ratio 2.96 3.09 2.66 2.99 2.49 2.38 (a) Current Manufacturing Operations 28,716.36 28,208.35 20,311.12 28,716.36 20,311.12 25,273.94
19 Interest Service Covergae Ratio 4.22 4.67 4.11 4.51 3.80 3.97 (b) Working in Progress (Future Expansion) 21,139.87 21,139.87 21,139.87 21,139.87 21,139.87 21,212.33
20 Debt/Equity 0.23 0.41 0.40 0.23 0.40 0.40 Total Capital Employed 49,856.23 49,348.22 41,450.99 49,856.23 41,450.99 46,486.28

Notes:
1. The statement of un-audited financial results for the Quarter and Nine Months ending on 31 st December 2016 has been prepared following the same accounting policies as were followed in the financial statements for the previous Quarter and Nine months ended in confirmity with accounting Standard -
10 (AS-10).
2. The above stand alone financial results were reviewed by the Audit Committee & Statutory Auditors of the Company and thereafter approved and taken on record by the Board of Directors at their meeting held on February 14, 2017. The Statutory Auditors of the Company have carried out limited
review of the above standalone results pursuant to Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015
3. For better understanding of Compny's business, the Company has classified its business segments based on the respective end use of its products which does not have any financial impact and for which necessary Segment-wise statement has been shown as per Accounting Standard - 17 (AS - 17)

4. The Fixed Assets used in the Company's business or liabilites contracted cannot be classified as per reportable segments, as the Fixed Assets and Services are used interchangeably between segments hence it is not practically possible to provide segment-wise disclosures relating to Capital employed

5. During the period under review the Company had issue and alloted 93,50,000 Equity Shares and 42,50,000 Warrants on Preferential Basis to Promoter as well as Non Promoter, hence there is a reduction in EPS
6. Formulas for computation of ratios are as follows:
1. Debt Service Coverage Ratio = (Earnings before Interest & Tax)/(Interest Expense + Principal Repayment made during the period for Loang Term Loans;
2. Interest Service Coverage Ratio = Earnings before Interest & Tax)/Interest Expense;
3. Debt / Equity ratio = Total Debt / Total Equity
7. Prior period/year figures have been regrouped/rearranged wherever necessary to make it comparable with current period figures.
By Order of the Board
For and on behalf of
SEYA INDUSTRIES LTD.

Date: February 14, 2017 ASHOK G. RAJANI

Place: MUMBAI (Chairman & Managing Director)
 Emerging Leader in Speciality Chemicals

REVENUE EBIDTA PBT PAT Net-Worth

13.55% `22,847 43.04% ` 4,939 74.87% ` 2,938 30.79% ` 2,506 84.12% ` 43,371
Lakhs Lakhs Lakhs Lakhs Lakhs

Extract of Standalone Un-Audited Financial Results for the Quarter and Nine Months ended 31-Dec-16
` in Lakhs
Limited Review Limited Review Audited
Particulars
Quarter ended Nine Months ended Year Ended
31-Dec-16 31-Dec-15 31-Dec-16 31-Dec-15 31-Mar-16
Total Income from Operations (net) 7,794.33 7,159.94 22,846.83 20,121.14 27,528.04
Net Profit from Ordinary activities After Tax 935.29 697.56 2,505.85 1,915.60 2,678.35
Net Profit After Tax (after Extraordinary items) 935.29 697.56 2,505.85 1,915.60 2,678.35
Paid Equity share Capital (Face value ` 10 per share) 2,035.00 1,100.00 2,035.00 1,100.00 1,100.00
Reserves (excluding Revaluation Reserves, as shown in the 26,209.96 7,330.27 26,209.96 7,330.27 7,809.10
Balance Sheet of Previous Year)
Earnings Per share before and after Extraordinary items
a) Basic - ` 4.60* 6.34 12.31 17.42 24.35
b) Diluted - ` 3.80* 6.34 10.19 17.42 24.35
* Paid up Equity Capital Increased from Rs.11 Crores to Rs.20.35 Crores
Note:
1. The above is an extract of the detailed format of Results filed with Stock Exchange under Regulation 33 of the SEBI (Listing and
Other Disclosure Requirement) Regulations, 2015. The full format of the Quarterly Financial Results are available on the websites of
Stock Exchange at www.bseindia.com and also on Company's website at www.seya.in
2. The Financial results for the quarter and Nine Months ended 31st December, 2016 were review by the Audit Committee and
approved by the Board of Directors at their meeting held on February 14, 2017
3. Previous period / year figures have been regrouped / rearranged wherever necessary.
For and on behalf of Board of Directors of
Seya Industries Ltd
Sd/-
Place: Mumbai Ashok G Rajani
Date: February 14, 2017 Chairman & Managing Director

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SEYA INDUSTRIES LTD | Reg. Office: T-14, MIDC, Tarapur Industrial Area, Tarapur, Palghar 401506
CIN: L99999MH1990PLC058499 | www.seya.in | corporate@seya.in