General information about company

Scrip code523351
NSE Symbol
MSEI Symbol
ISIN*INE888N01013
Name of companySTANDARD SHOE SOLE AND MOULD (INDIA) LTD
Type of company
Class of securityEquity
Date of start of financial year01-04-2018
Date of end of financial year31-03-2019
Date of board meeting when results were approved13-11-2018
Date on which prior intimation of the meeting for considering financial results was informed to the exchange03-11-2018
Description of presentation currencyINR
Level of rounding used in financial resultsLakhs
Reporting QuarterHalf yearly
Nature of report standalone or consolidatedStandalone
Whether results are audited or unauditedUnaudited
Segment ReportingSingle segment
Description of single segmentBusiness in Footwear, Leatherwear, Leather Article, Fashion Wears, Shoe Component, Moulds, etc.
Start date and time of board meeting13-11-2018 14:00
End date and time of board meeting13-11-2018 16:25
Declaration of unmodified opinion or statement on impact of audit qualificationNot applicable



Financial Results Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-07-201801-04-2018
BDate of end of reporting period30-09-201830-09-2018
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1Income
Revenue from operations014.86
Other income00
Total income014.86
2Expenses
(a)Cost of materials consumed00
(b)Purchases of stock-in-trade013.37
(c)Changes in inventories of finished goods, work-in-progress and stock-in-trade00
(d)Employee benefit expense 1.783.7
(e)Finance costs00
(f)Depreciation, depletion and amortisation expense00
(f)Other Expenses
1Advertisement0.2020.202
2Filing Fees0.0410.085
3Professional Fees0.030.495
4Professional Tax0.0250.025
5Trade License0.0220.022
6Depository Service Charges00.225
7Web Page Development00.018
8Listing Fees02.5
9Interest on TDS00.018
10Other expenses0.0030.01
Total other expenses0.3233.6
Total expenses2.10320.67

Financial Results Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-07-201801-04-2018
BDate of end of reporting period30-09-201830-09-2018
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
3Total profit before exceptional items and tax-2.103-5.81
4Exceptional items 00
5Total profit before tax-2.103-5.81
7Tax expense
8Current tax00
9Deferred tax00
10Total tax expenses00
11Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement00
14Net Profit Loss for the period from continuing operations-2.103-5.81
15Profit (loss) from discontinued operations before tax00
16Tax expense of discontinued operations00
17Net profit (loss) from discontinued operation after tax00
19Share of profit (loss) of associates and joint ventures accounted for using equity method00
21Total profit (loss) for period-2.103-5.81
22Other comprehensive income net of taxes00

Financial Results Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-07-201801-04-2018
BDate of end of reporting period30-09-201830-09-2018
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
23Total Comprehensive Income for the period-2.103-5.81
24Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
25Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent00
Total comprehensive income for the period attributable to owners of parent non-controlling interests00
26Details of equity share capital
Paid-up equity share capital518.15518.15
Face value of equity share capital1010
27Details of debt securities
28Reserves excluding revaluation reserve
29Earnings per share
iEarnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations-0.04-0.11
Diluted earnings (loss) per share from continuing operations-0.04-0.11
iiEarnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations00
Diluted earnings (loss) per share from discontinued operations00
iiEarnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations-0.04-0.11
Diluted earnings (loss) per share from continuing and discontinued operations-0.04-0.11
30Debt equity ratio
31Debt service coverage ratio
32Interest service coverage ratio
33Disclosure of notes on financial resultsTextual Information(1)

Text Block

Textual Information(1)1. The financial results of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under the Companies (Indian Accounting Standards) Rules, 2015 as amended by the Companies (Indian Accounting Standards) (Amendment) Rules, 2016.

2. The above Unaudited Financial Results for the quarter and half year ended 30th September, 2018 were reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meeting held on 13th November, 2018.

3. This statement is as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Limited Review of the Unaudited Financial Results for the quarter and half year ended 30th September, 2018, as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 has been carried out by the Statutory Auditors of the Company.

4. The Company has only single Reporting Business Segment in accordance with Ind AS 108.

5. Ind AS 115 "Revenue from Contracts with Customers" mandatory for the reporting periods beginning on or after April 01, 2018 replaces the existing revenue recognition requirements. The Company has elected the option of modified retrospective approach for adoption and it did not have any significant impact on the overall results of the Company.

6. The figures of the earlier periods have been regrouped and rearranged wherever necessary to make them comparable with the current period.

7. The Company has not received any information from the vendors so as to their status under the Micro, Medium and Small Enterprise Development Act, 2006 and hence amount outstanding and interest paid/ payable to them under this Act, is considered to be NIL.



Statement of Asset and Liabilities

ParticularsHalf year ended (dd-mm-yyyy)
Date of start of reporting period01-04-2018
Date of end of reporting period30-09-2018
Whether results are audited or unauditedUnaudited
Nature of report standalone or consolidatedStandalone
Assets
1 Non-current assets
Property, plant and equipment0
Capital work-in-progress0
Investment property0
Goodwill0
Other intangible assets0
Intangible assets under development0
Biological assets other than bearer plants0
Investments accounted for using equity method0
Non-current financial assets
Non-current investments2.28
Trade receivables, non-current0
Loans, non-current5.76
Other non-current financial assets0
Total non-current financial assets8.04
Deferred tax assets (net)0
Other non-current assets0.59
Total non-current assets8.63
2Current assets
Inventories0
Current financial asset
Current investments0
Trade receivables, current129.88
Cash and cash equivalents2.59
Bank balance other than cash and cash equivalents0
Loans, current0
Other current financial assets0.39
Total current financial assets132.86
Current tax assets (net)0
Other current assets0
Total current assets132.86

Statement of Asset and Liabilities

ParticularsHalf year ended (dd-mm-yyyy)
Date of start of reporting period01-04-2018
Date of end of reporting period30-09-2018
Whether results are audited or unauditedUnaudited
Nature of report standalone or consolidatedStandalone
3Non-current assets classified as held for sale0
4Regulatory deferral account debit balances and related deferred tax Assets0
Total assets141.49
Equity and liabilities
Equity
Equity attributable to owners of parent
Equity share capital518.15
Other equity-416.8
Total equity attributable to owners of parent101.35
Non controlling interest
Total equity101.35
Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current0
Trade payables, non-current0
Other non-current financial liabilities18.53
Total non-current financial liabilities18.53
Provisions, non-current0
Deferred tax liabilities (net)0
Deferred government grants, Non-current0
Other non-current liabilities0
Total non-current liabilities18.53
Current liabilities
Current financial liabilities
Borrowings, current0
Trade payables, current7.32
Other current financial liabilities0
Total current financial liabilities7.32
Other current liabilities3.77
Provisions, current10.52
Current tax liabilities (Net)0
Deferred government grants, Current0
Total current liabilities21.61
3Liabilities directly associated with assets in disposal group classified as held for sale0
4Regulatory deferral account credit balances and related deferred tax liability0
Total liabilities40.14
Total equity and liabilites141.49
Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results

Particulars3 months/ 6 month ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period01-07-201801-04-2018
Date of end of reporting period30-09-201830-09-2018
Whether accounts are audited or unaudited
Nature of report standalone or consolidatedStandaloneStandalone
1Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3(Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets
Net Segment Asset
4Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments