1.

CHARTERED ACCOUNTANTS

INDEPENDENT AUDITORS' REPORT

TOTHE MEMBERSi OFMEERA INDUS}TRIES LIMITED

We havr: audited the accompanying Statement of Standalone Financial Results of MEERAINDUSTRIES LIMITED ("the Company") for the year ended March 31"1, 2018 ("theStatement"), being submitted by the Company pursuant to the requirement of Regulation 33of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 as modified.

This Statement, which is the responsibility of the Company's Management and approved bythe Board of Directors, has been compiled from the related Standalone Financial Statementswhich has been prepared in accordance with the Accounting Standards prescribed underSection 133 of the Companies Act,2013 read with relevant rules issued there under andother accounting principles generally accepted in India. Our responsibility is to express anopiniono,n the Statement based on our audit of such Standalone Financial Statements.

We conclucted our audit in accordance with the Stiandard on Auditing issued by the Institute ofChartererd Accountants of India. Those Standards requires that we comply with ethicalrequirements and plan & perform the audit to obtain reasonable assurance aboutwhether the Statement is free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts anddisclosures in the Statement. The procedure selected depends on the auditor's judgment,including the assessment of the risks of material nrisstatement of the Statement, whether dueto fraud or error. In making those risk assessments, the auditor considers internal controlrelevant to the Company's preparation and fair presentation of the Statement in order todesign audit procedures that are appropriate in the circumstances, but not for thepurpose of expressing an opinion of the effectiveness of the Company's internal control. Anaudit als;o includes evaluating the appropriateness of the accounting policies used and thereasonableness of the accounting estimates made by the Management, as well asevaluatirrg the overall presentation of the Statement. We believe that the audit evidence wehave obtained is sufficient and appropriate to provide a basis for our audit opinion.

Based on our audit conducted as above, in our opinion and to the best of our information andaccordirrg to the explanations given to us, the Statement :

a. is presented in accordance with the requirements of SEBI (Listing Obligations and DisclosureRequirements) Regulation, 2015 as modified; and

b. gives a true and fair view in conformity with the aforesaid Accountingaccounting principles generally accepted in Inrjia of the Net Profitinformation of the Company for the year ended March 31,2018.

KASANGHAVI&COLLP

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4. The statement includes the results for the half year ended March 31'1,2018 being thebalancing figure between audited figures in respect of full financial year and the publishedfigures upto first half of the current financial year which were subject to limited review by us.

forK A SANGHAVI AND CO LLPGhartered Accountants

FRN : 120846WM100289

Place: SURATDate : 2910512018 AMISH ASHVINBHAI SANGHAVI

M. NO. 1014131001, 1002, 1003, RAJHANS BONISTA,

RAM CHOWK, GHOD DOD ROAD,SURAT-395007 GUJARAT

K"n ?#ii,oor-,oo3,RarhansBonista,Ramchowk. I Y;l';;rsr040s +stz6tz6s3t67 | i;ilfll;.r.*scoca.com lH;h.".,,."'I\A)LU Ghou noo Road, Surat - 395007, Gularat. INDIA | +9t 982 s279684 +9t 26t 26s3168 | |

I.

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4.

5

Notes to the Financial Results

Figures for the previous periods have been re-grouped/re-stated./re-arranged wherevern()cessary, to correspond with the current period's classification/ disclosure/comparatives for ease of the investors or stakeholders analysis.

T.he figure for the half-year ended 31st March ,2018 are the balancing figures betweenarrdited result in respect of the full financial year ended 3lst March,1Orc and thepublished year to date figures upto the half year of the financial year.

Tlhe said financial results for the half year and the year ended on 3l't March,20l8have been reviewed by the Audit and Risk Management Committee and approved bythe Board of Directors in their respective meetings held on May 30, 201g.

The above financial statements are extracted from the audited Indian GAAP financialstiatements of the Company which are prepared in accordance with AccountingStandards specified under Section 133 of the Companies Act, 2013, read with Rule 7of' the Companies (Accounts) Rules, 20T4 and the relevant provisions of theCrrmpanies Act,2013.

During first half year ended on September 30, 2017, the company has issued shares on09t.05.2017 through IPO with premium i.e. 1080000 shares of Rs. 10 each withpremium of Rs. 26 per share and the shares were listed on BSE - SME.

During first half year ended on September 30, 2017 the company had invested inWholly Own Subsidiary viz., Meera Industries USA LLC $ 1,00,000/-. (1000 sharesof $ 100 each).

7. During first half year ended on September 30, 2017, the company has startedmilnufacturing and trading of yarn from July 2011.

8. During first half year ended on September 30, 2017, the company has declaredint;erim dividend of Rs. ll- per Equity Share of Rs. 10/- each for the financial 2017 -2018.

9. SuLbject to the approval of the shareholders in the ensuing Annual General Meeting ofthe company, the board of directors has recommended a final dividend of Rs. I.201-per Equity share of Rs. 10/- each for the financial year 2017 -2018.

Changing the way,

we fruist tlte.y:arn

Date: 30/05/2018Place: Surat

i

-IM\IMEERA-

Regd. office2126, Road No. 2, GIDC,

Sachin - 394 230, Surat.(Guj.) India.

(Rs.

INDUSTRIES LIMITED Principle Works, Quality Speaks.

ctN - 129298GJ2006P1C048627

statement of standalone Audited Financial Results for the Half year/ year ended 3lst March,201g

Sr.

No Particula rs

in Lacs)

Half Year Ended For the Year Ended

31.03,2018

Audited(cY H2)

30.09.2017

AuditedfcY Ht )

31.03.2017

Audited(LY H2)

31.03.2018 | tr.os.zorzAudited I erditudFY 17-18 | ry ru-r,

| | r,ret Sates/tncome from operations

| | (Net of excise duty)

I ll I Other Income

I lll lTotal Revenue ( |+ il )

I lV I

Expenses

I l(a) Cost of Materiats consumed

I l(b) Purchaser of stock-in-trade

I l(ct Ct'anSes in inventories offinished goods, work_in_

I I prcgress ar)d stock_in-trade

I lfor i*plruu u*n"tru."punr. i

I l(e)finance cost

II l(f) DeOreciation and amortisation expcnsc J

I jlst ott u'. cxpcnses I

I lfotal Expenses I

| " llj"j'1.1r:::) before exceptionat and extraordinarv items and

Ii..l:-(rrr-rv) iVl i Exceptional tterns I.t.lVll

I Profit ([oss) before extraordinary items and tax (V- Vl) |

Vlllilixtraordinary items I

tX iProfit (Loss) before tax ( Vll - Vllt ) I

X I Tax Expenses I

lia) Current Tax I

j(b; oeferred tax I

xt lnetnrofit(Loss) fortheperiod (Xr-Xil) |ilXff jnaia-un equity share capital (Face Value: Rs. fOl- "0.f,) I

Xllll Earnings Per Share I

i i,) aasic I

__ l. - (ii) Diluted I

L,1.67.49

22.471,183.97

651.82

46.70

89.362.8r

16.60L72.77

979.57

7.04.40

60.16(s.70)

149.83

392.75

950.47)) 10

972.66

6to.92

(s8.78)

69.20

1,51

12.97

ryl.o)827.47

145.19

L45,L9

145.19

l,i rn I--'-"1(1.46) |

111.46 |I

I

392.7s I

422.5!

79.84

2.L2L2.82

193.00

6s4.93

68.90

68.90 l

-lI

68.90 |

I

I

22.9s I

J,ly I

---l44.76 |

I

284.7s I

I

II

1.61 1

1.61 I

27.30723.83

2,Lt1.96 I 1,31s.4s44.67 | 33.s8

2,1s6.62 | r,us.os

I7,262.731 774.78

349.s9 | 1.46.23nno I

34;.;; I :;la;.zt

Iss.38l 43.24(7.16)l (3.3s

----T---__.2il.2s

| 106.33

3s2.7s | 284.7s

I

(12.s8)l (47.20)

"::11 "::l+,Jzt 5.1-t)

2s.s7l 2s.4o364 431 32e.18

1.807.04 | L,zol.8A

34s.ss I 146.23

I

I

I

204.40

0.09204.31

3.01

3.01

3.81

3.816,856.85

3.83

3.83

For and on behalf of Board of Directors84c{arv

Changing the way,

we twist the yarn

Regd. office2126, Road No, 2, GIDC,

Sachin - 394 230, Surat.(Guj.) India.Tel.: 0261-2399114, Cell : 98795 63372, Fax : +91'261'2397269

E-Mail : lnfo@meeraind.com Web:wwwmeeraind.com

==

T.ITVIEERA'INDUSTRIES LIMITED Principle Works, Quality SPeaks.

Standalone Statement of Assets & Liabilities

184.48

9,55

7,3?.

201.45

crN - 129298GJ2006P1C048627

(Rs. lt1 lscs)

Previous Year

Ended

31.03.2017

Year Ended

31.03.2018

5.22

17.65

22.87

t69.9i129.76

92.90

392.58

A. HQUITY AND LIABILITIES

Shareholder's Funds

Shilre Capital

Reserves and SurPlus

Money Received against share rr.tarrants

Total Shareholder's Funds

Share Application Money Pending AllotmentNon-Current Liabilities

Long-term borrowingsDeferred tax liabilities (Net)

Other Long ternr liabilities

Long term provisions

Sub-total Non-Current LiabilitiesCuirrent Liabilities

Shcrt-term borrowings

Tra0e payables

Other current liabilities

Short-ternr provisions

otal Current Liabilities

392.75

528.88

92t.63

17.77

20.04

37,81

260.20

104.96

160,89

526.05

1,485.51OTAL EQUIl'Y AND LIABITITIES

289.32

6.99

10.80

64.761 0A

10.20

384.01

17.64

237.96

363.04

310.59

165.3 2

6.93

1,101.50

B. ASSETS

Non-current assets

Fixed ossets

(i) Tangible assets

(ii) Intangible assets

(iii) Capital work-lrr-Progress

(iv) Intangiblc assets unde!' development

Nlon-current investments

Deferred tax asscts (net)

LonB term loans and advances

Other non-current assets

I Non-Current Assets

Current assets

Current investnlents

lrrv entc ries'T rade receriva bles

Cash and cash equivalents

Short-t'erm loart: and advances

Other current assets

Sub-total Current Assets

24.68

123.1.1.

99.4')

?.21 .44

5"1 .6()

63.26

589.54

r and on behalf of Board of Directors

ASP"oharhesh V Desai

Date: 30/05/2018Place: Surat

[/lanaging Director(DlN: -O0292502)

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Regd. office2126, Road No. 2, GIDC,

Sachin - 394 230, Surat.(Guj.) India.Tel.: 0261-2399114, Cell : 98795 63372, Fax : +91-261-2397269

E-Mail : lnfo@meeraind.com Web :www.meeraind.comERA"

STANDALONE- SEGMEN'T REPORTING

\IMEINDUSTRIES LIMITED Principle Works, Quality Speaks.

(Rs. In Lacs)

crN - 129298GJ2006PlC048627

Particulars

Half Ye: Fnded Year Ended

31,03.201.8

Audited(cY H2)

30.09.2017Audited(cY H1)

31.03.2018

Audited(FY 2017-18)

L, Segment Revenue

) Machine Manufacturing Divjsion 798.5r 724.1.7 L,522.69r) Yarn Divjsion 366.02 226.29 592.32otal 1,L64.54 950,47 2,1.15.00

-ess- Inter Segment Revenue 3.04 3.04

Net Sales /lncome From Operations t,L6t.49 950.47 2,tlt.96

. Sel3inenr liesults(Profit Before Tax and Interest)

),^lachii're lvlanufacturing I)ivision 161 70 ),1.2.34 273.54cj 'iarn Divisicn 23.45 12 L7 35.62

Total 184.65 124.5L 309.16S5

nance Charges 2.81 1.51 4.32

Other in-allocateo Expenditure

)Un-allocated lncome 22.47 2.2.1.9 44.67

Profit Before Tax 204.3L 145.19 3,i9 (n

Current'fax 60.18 35.20 95.38

L)errereo I ax -5.70 i..46 ,-t.L6

Profit After Tax 749.83 111.46 26t.29l.(Segment Asset - Segment l-iabilities)

Segnlent Asset

) Machine l',{anufacturing t)ivision 945.27 905.04 945.27

b) Yarn Division 283.32 293.51, 283.32

) LJn-allocated 256.92 264.93 2_56.92

Total 1485.5 1 1,463.48 1.485.51

Segment Liabilitiesa) Machine Manufacturing t)ivision 481.45 503.55 481.45

b) Yarn Division 82.42 i 31.40 82.4

) rJn allocated

Total 563.87 634.9s 563.87

F\ arid on behalf of Board of Directors

ApS"oYKo",,iManaging Director(DlN: _00292502) ffi

K A SANGI_IAVI & CO LLPCHARTERED ACCOUNTANTS

INDEPENDENT AUDITORS' REPORT

TOTHE I\IIEMBERS OFMEETIA INDUSTRI ES LIMITED

L We have audited the accompanying Statement of Consolidated Financial Results ofMEERA INDUSTRIES LIMITED ("the Holding company") and its wholly ownSubsidiary (the Holding Company and its Wholly own Subsidiary togetherreferred to as "the Group") for the year ended March 31, 2018 ("the Statement"),being submitted by the Holding Company pursuant to the requirement ofRegulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)Regulation, 2015 as modified.

This Statement, which is the responsibility of the Holding Company's Managementand approved by the Board of Directors, has been compiled from the relatedConsolidated Financial Statements which are in accordance with the AccountingStandards prescribed under Section '133 of the Companies Act, 2013 read withrelevant rules issued thereunder and other accounting principles generally acceptedin India. Our responsibility is to express an opinion on the Statement based on ouraudit of such consolidated financial statements.

We conducted our audit in accordance with the Standard on Auditing issued bythe Institute of Chartered Accountants of India. Those Standards requires that wecomply with ethical requirements and plan and perform the audit to obtain reasonableassurance about whether the Statement is free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amountsand disclosures in the Statement. The prooedure selected depends on the auditor'sjudgement, including the assessment of the risks of material misstatement of theStatement, whether due to fraud or error. ln making those risk assessments, theauditor considers internal control relevant to the Holding Company's preparation andfair presentation of the Statement in order to design audit procedures that areappropriate in the circumstances, but not for the purpose of expressing an opinion ofthe effectiveness of the Holding Company's internal control. An audit also includesevaluating the appropriateness of the accounting policies used and thereasonableness of the accounting estimates made by the Management, as well as

evaluating the overall presentation of ther Statement. We believe that the auditevidence we have obtained is sufficient and appropriate to provide a basis for ouraudit opinion.

3. In our opinion and to the best of our information and according to the explanationsgiven to us and basedon the considerationof the certified reportsof theother auditors on separate financial statements and other financial information ofWholly Owned Subsidiary referred to in paragraph 4 below, the Statement

2.

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K A SANGI-IAVI & CO LLPCHARTERED ACCOUNTANTS

a. Include the results of entity as given below :

List of wholly own subsidiary1. Meera Industries USA LLC.

is presented in accordance with the requirements of SEBI (Listing Obligations andDisclosure Requirements) Regulation, 2015 as modified; and

gives a true and fair view in conformity with the aforesaid Accounting Standardsand other accounting principles generally accepted in India of the ConsolidatedNet Profit and other financial information of the Group for the year ended March31.2018.

4. We did not audit the financial statements of the wholly own subsidiary company whosefinancial statements reflect total assets of Rs. 90.21 Lakhs as at March 31,2018, totalrevenues is Rs. 139.39 Lakhs and Net loss of Rs. 14.33 lakhs for the year ended on thatdate, as considered in the consolidated financial results. These financial statementshave been certif ied by other auditors whose reportshavebeenfurnishedtousby the Management and our opinion on the consolidated financial results, in so far as itrelated to the amounts and disclosures included in respect of ihis wholly ownsubsidiary, is based solely on the reports of the other auditors. Our opinion on theStatement is not modified in respect of above matters with regard to our reliance onthe work done and the reports of the other auditors and the financial statementscertified by the management.

b.

5.]-he statement includes the resultsbalancing figure between auditedprublished figures upto last half oflimited review by us.

for the half year ended March 31, 2018 being thefigures in respect of full financial year and thethe current financial year which were subject to

Place : SURATDate: 2910512018

for K A, SANGHAVI AND COChartered Accountants

FRN:1 00289

AMISH ASHVINBHAI SANGHAVIM. NO. 101413

1001, 1002,1003, RAJHANS BONISTA,RAM CHOWK, GHOD DOD ROAD,

SURAT.395OO7 GUJARAT

ffiuWxP

I S Officer I Voice: I E-mail : I Visitus:

K n e rn r00t- 1002- t003,Raihans Bonista, Ram chowk, I Yffi;t 5u040s +et z6t 2bs3t67 | [.illJ;.ntnascoca.com | ]**.uur.o.u,.otI\A)LU Chod Dod Road, Surat - 39s}Olcuiarat,INDIA | +91 952 5279684 +9t 26t 26s3168 | I

l.

2.

aJ.

ALl.

Notes to the Financial Results

Figures for the previous periods have been re-grouped/re-stated/re-arranged wherevernecessary, to correspond with the current period's classificatiorV disclosure/cc,mparatives for ease of the investors or stakeholders analysis.

Tlre figure for the half-year ended 31st March ,2018 are the balancing figures betweenau.dited result in respect of the full financial year ended 31st March,2018 and thepurblished year to date figures upto the half year of the financial year.

The financial results of the group for the half year and the year ended on 3l't March,2Cr18 have been reviewed by the Audit and Risk Management Committee andapproved by the Board of Directors in their respective meetings held on May 30,2Cr 1 8.

Tlre above financial statements are extracted from the audited Indian GAAPconsolidated financial statements of the Group which are prepared in accordance withAccounting Standards specified under Section 133 of the Companies Act, 2013, read withRule 7 of the Companies (Accounts) Rules, 2014 and the relevant provisions of theCompanies Act, 2013.

5. During first half year ended on September 30, 2011, the holding company has issuedshares on 09.05.2017 through IPO with premium i.e. 1080000 shares of Rs. 10 eachwith premium of Rs. 26 per share and the shares were listed on BSE - SME.

6. Drrring first half year ended on September 30, 2Al7 the holding company had investedin Wholly Own Subsidiary viz., Meera Industries USA LLC $ 1,00,000/-. (1000shares of$ 100 each).

7 . During first half year ended on September 30, 2017, the holding company has startedmanufacturing and trading of yarn from July 2017.

8. During first half year ended on September 30, 2011, the holding company has

declared interim dividend of Rs. Tl- per Equity Share of Rs. 10/- each for the financial2017 - 2018.

9. Surbject to the approval of the shareholders in the ensuing Annual General Meeting ofthr: holding company, the board of directors has recommended a final dividend of Rs.

| .2.01 - per Equity share of Rs. 1 0/- each for the financial year 2017 - 20 I 8.

10. The consolidated financial results have been prepared in accordance with AccountingStandard-21 on "Consolidated Financial Statements" and AS-23 on "Accounting forIn'vestments in Associates in Consolidated Financial Statements".

Cltanging the way,

we twist the varn

)/ Regd. office

.. / 2126, Road No, 2, GIDC,2 / Sachin - 394 230, Surat.(Guj,) lndia.

E ^^ 1rct.,0261-2399114, cell : 98795 63372, Fax : +91-251-2397269

\1|M EERA- I e'uait : Info@meeraind.com web:www.meeraind.com

INDUSTRIES LIMITED Principle Works, Quality Speaks.

ct N - 129298GJ2006P1C048627

Statement of Consolidated Audited Financial Results for the Half year/year ended 3lst March,201g

Sr.

NoParticulars

Half Year Ended For the Year Ended

31.03.2018

Audited(cY H2)

30.09.2017Audited(cY H1)

3r.03.2017Audited

H2l(rY

31,03,2018

AuditedFY 17-18

3L.03.20L7

AuditedFY 16-17

VI

vtlviltIX

X

XI

xll

xill

tl

illIV

I Revenue from Operations

I Net Sales/lnr:ome from Operations

| (tlet of excise duty)Other IncomeTotalRevenue (l+ll)Expenses

(a) Cost of Materials consumed(b) Purchase cf stock-in-trade(c) Changes in inventories of finished goods. work-ln"

progress a nd stock-in-trade(d) Fmployee benef its expense(e) Finance cost(f ) ttepreciation and amortisation expense(g) Other expenses

Total Expenses

Profit (Loss) before exceptional and extraordinary items andtax(lll-lV)Exceptional ltems

Profit (Loss) before extraordinary items and tax (V- Vl)Extraordinary itemsProfit (Loss) before tax ( Vll - Vilt )

Tax Expenses

(a ) Current rax(b) Deferred Tax

Net Profit (Loss) for the period ( tX - X )Paid-up equity share capital (Face Value: Rs. 10/- each )

Earnings Per Share(i) Basic

(ii) tliluted

1-,195, L6

22.47

L,2L7.64

651,82

s0.75

(24.00)

103.56

2.90

16.89

196.0s

997.96

2t9.67

2L9.67

0,09

219.59

60.18

(s.70)

165.11

954.4922.1,9

976.69

610.92

94,2r1,.57

1,2.97

200,2r861.10

115.58

115.58

115,58

35.20

(1.46)

81.85

27.30723.83

422._51

(ss,36)

79.84

2.r212.82

193.00

6s4.93

68.90

68.90

68.90

22.9s1.19

44.76

2,L49.66

44.67

2,I94.33

1,,262.73

50.75

(82,79)

T97,78

4.47

29.86

396.26

1859.07

335.26

335,26

0.09

335,17

9s.38(7.16)

246.96

i,315.4533.58

L,349.03

774 78

(47.20)

1,1,7.48

3.16

25.40

329.r8t202,80

t46.23

146.23

L46.23

43.24

( 3.3s)

106.33

392.75

+.1 r

+.2 .1

392.75

2.2I2.2r

784.75

f.ol

l.or

392.75

o.4 /5.47

284.75

3.83

3.83

Date: 30/05/2018Place: Surat

For and on behalf of Board of Directorsof Meera Indusfties Limited

Managing Director(DlN: 00292502)

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we twist tlte varn

Regd. office2126, Road No. 2, GIDC,/ Sachin - 394 230, Surat.(Guj.) lndia.

Tel.: 0261-2399114, Cell : 98795 63372, Fax : +91.261-2397269E-Mail : lnfo@meeraind.com Web :www.meeraind.com

E

r^lrvlEETlA"INDUSTRIES LIMITED Principle Works, Quality Speaks.

,r and on behalf of Board of Directors

cl N - 129298GJ2006P1C048627

Consolidated Statement of Assets & Liabilities

lacs)

Year Ended

31.03.2018

Previous YearEnded

31.03.2017

EQUITY AND LTABILTTIES

hareholder's FundsShare CapitalReserves and Surplus

Money Received against share warrantsTotal Shareholder's FundsShare Application Money pending AllotmentNon-Current LiabilitiesLorrg-term borrowingsDel'erred tax liabilities (Net)Other Long term liabilitiesLong term provisions

Sub-total Non-Current LiabilitiesCurrent LiabilitiesShort-term borrowingsTrade payables

Other current liabilitiesShort-term provisions

otal Current Liabilities

392.75

510.52

903.-27

1,7.77

20.04

37.81

260.43

105.46

160.89

526.78

284.75

90,79

375.s4

0.85

5.22

1.7,65

23.72

169.91

172.1,5

49.66

397.73AL EQUITY AND LIABILITIES

Non-current assetsFixed ossets

(i) Tangible assets(ii) Intangible assets(iii) Capita I v"rork-in-progress(iv) intangible assets under development

Non-current investmentsDeferred tax assets (net)Long term loans and advancesOther non-current assets

total Non-Current AssetsCurrent assets

Cur"rent investmentsI nvento ries

Trade receiva bles

Cash and casfi equivaientsShort-term loans and advancesOther current assets

Sub-total Current Assets

292.03

7.09

10.80

1.94

11.15

323.00

17,64

308.17330.77

316.03

165.3 2

6.93

7,144.86

7.32

20r..45

24.68

r23.Lr99.45

221..44

57.6063.26

589.54TOTAL.ASSETS 1,467.86

sAc$t$Nyy%-Dharri-esh V Desai

Date: 30/05/2018Place: Surat

Managing Director(DlN: _00292502)

Clwnging the wuy,

we twist the .yarn t

=TITVIEETIA"INDUSTRIES LIMITED

Regd. office2126, Road No, 2, GIDC,

Sachin - 394 230, Surat.{Guj.) lndia.Tel.: 0261-2399114, Cell : 98795 63372, Fax: +91-261-2397269

E-Mail : Info@meeraind.com Web :wwwmeeraind.com

Principle Works, Quality Speaks.

CONSOLIOATED . SEGMENT REPORTING

ctN - 129298GJ2006P1C048627

Pa rticu la rs

1. Segment Revenue

Rs, In Lacs)

31,03.2018Audited(cY H2)

30,09.2017Audited(cY H1)

31.03.2018Audited(FY 2017-18)

"/ .,,"v"'r'\- rvrerruroL(ul t|6 utvl5lb) Y:rn Divicinn

798.51 724.r7 r,522.69

gUlUui.rvtt ..ra'ro366,02 226.29 592.32135.37 4.03 139.39

t,299.90 9s4.49 2,254.39L04.74 1"04.74,rq( Jdrc) / iltt(Jane rrom uperatlons

i*#+$

1,195.16 954.49 2,149.66

e/ i!,v!r"rrL rvrqrruroLrutiltH L L6r.20 rt2.34 )77 \A23.45 L2.1,7 35.6215 37 -29.55 14.16

Total 200.02 94.96 294.9A

tF"*;at

c) Urr-allocatetd lncome

Profit Before Tax-es5

2.90

27.47

219.59

1 .57 4.41

- --..___ 22.L?.

115.58_ __-_,___ __11!l

335.17

60.18 35.20 9 5.38-s.70 7.45 -7.L6

PTOIII AITCT I AX 165.11 81.85 24e,.96J,lJcErntsnr Asset - Jegment Ltabtlittes)Segmant Assets -T

__+a) Machine Manufacturing Division 945.27 90s 04 945.27

283.32 293.s 1 ,Q? 1

Q_u|!{rA'g,'yl.|{"elr, ld ustries USA, LLc) 94.21 63.93 90.) 1ul un-attocateo 192 15 200.I7 '192. 1.6Total 1.510.96 L462.65 1510.96retmanr Ltaoiltges

e rvr3nutactLrfl ng Division 47q A\b) Yarn Dlvision

84.42 131.409l-95:l!: o, {Ill 9

jllil! 9{' e ry!4.!!c ) 43 81 30.83 43.8

_ _].Totai I 607.68 66s.78 607.68

For and on behalf ofI\R.

@|PDharmesh V Desai

Vlanaging Director

,DlN: _0029t2502)

Board of Directors

ffi

CHARTERED ACCOUNTANTS

To,

M EERA INDUSTRIES LIMITED,

PLOT NO. 2:126, ROAD NO. 2,

G.I.D.C., SACHIN,

SU RAT _ 395230,

This is to certify that in Compliance with Regulation 33 of Securities and ExchangeBoard of India (Listing obligations and Disclosure Requirements) Regulations , 2oL5 ListingRegulations and sEBl Circular No. clR/GFD/cMD/56/2o16 dated 27th May,2016, the Audit report ofStatutory Auditor given by us is with unmodified opinion with respect to the Audited Financial Results(Standalone and Consolidated) of the Company for the half year and year ended March 3j., zotg.

Thanking you,

K A SANGHAVI & CO// P

FoTKASANGHAV|&COLLp,Chartered Accountants

FRN:120846Yy/w10028e

trwAmish Ashvinbhai Sanghavi

Designated PartnerM. No : tO!413

Date : 29.05.2018Place : Surat ffi

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I HH";."..."'

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