SAVITA OIL TECHNOLOGIES LIMITED

AUDITED FINANCIAL RESULTS  FOR THE YEAR ENDED 31st  MARCH, 2011

Rs. in Lacs

 

Nine Months ended 31.12.2010 (Reviewed)

Quarter ended 31.3.2011 (Reviewed)

Quarter Ended 31.3.2010 (Reviewed)

Year ended 31.3.2011 (Audited)

Year ended 31.3.2010 (Audited)

1.   a) Net Income From Operations

      b) Other Operating Income

2.   Total  Income From Operations

1,10,050.16

1,421.88

1,11,472.04

42,600.34

678.38

43,278.72

34,092.32

258.70

34,351.02

1,52,650.50

2,100.26

1,54,750.76

1,16,674.18

1,127.21

1,17,801.39

3.   Expenditure

a)  ( Increase ) / Decrease in Inventory

b)  Consumption of Raw Materials

c)  Trading Purchase

d)  Staff Cost                     

e)  Depreciation

f)  Other Expenditure

g)  Total

 

(1,556.70)

84,298.70

1,188.41

1,660.59

1,883.43

12,970.70

1,00,445.13

 

272.40

31,487.59

1,036.73

635.47

646.15

4,646.04

38,724.38

 

67.03

25,303.70

583.95

570.57

523.46

4,086.49

31,135.20

 

(1,284.30)

1,15,786.29

2,225.14

2,296.06

2,529.58

17,597.03

1,39,149.80

 

(854.92)

84,562.29

3,423.68

1,892.71

2,030.88

14,321.58

1,05,376.22

4.   Profit from Operations before Other Income and Interest

11,026.91

4,554.34

3,215.82

15,600.96

12,425.17

5.   Other Income

846.70

299.73

334.19

1,126.72

891.81

6.   Profit before Interest

11,873.61

4,854.07

3,550.01

16,727.68

13,316.98

7.   Interest

540.56

148.76

107.73

689.32

467.38

8.   Profit from Ordinary Activites after interest but before tax

11,333.05

4,705.31

3,442.28

16,038.36

12,849.60

9. Tax Expenses

      Current Tax

      Deferred Tax

      Provision no longer required

 

3,590.00

76.50

-

 

1,485.00

(46.49)

-

 

590.00

445.00

(8.76)

 

5,075.00

30.01

-

 

3,740.00

480.00

(8.76)

10.  Net Profit from Ordinary Activites after tax

7,666.55

3,266.80

2,416.04

10,933.35

8,638.36

11.  Paid-up Equity Share Capital

1,460.21

1,460.21

1,460.21

1,460.21

1,460.21

12.  Reserves Excluding Revaluation Reserves

 

 

 

38,055.34

30,516.17

13. a) Basic and Diluted EPS before Extraordinary items

      b) Basic and Diluted EPS after Extraordinary items

52.50

52.50

22.38

22.38

16.55

16.55

74.88

74.88

59.16

59.16

14.  Public Shareholding

       Number of shares

       Percentage of Shareholding

 

41,57,527

28.47

 

41,51,922

28.43

 

41,57,527

28.47

 

41,51,922

28.43

 

41,57,527

28.47

15. Promoters and promoter group shareholding

     (a) Pledge / Encumbered

      Number of Shares

     (b) Non-encumbered

      Number of Shares

      Percentage of shares (as a % of the total shareholding of      

      promoter and promoter group)

      Percentage of shares (as a % of the total share capital of the company

 

 

Nil

 

1,04,44,556

100.00

 

71.53

 

 

Nil

 

1,04,50,161

100.00

 

71.57

 

 

Nil

 

1,04,44,556

100.00

 

71.53

 

 

Nil

 

1,04,50,161

100.00

 

71.57

 

 

Nil

 

1,04,44,556

100.00

 

71.53

  NOTES :

1.      Previous quarter’s/year’s figures have been regrouped / rearranged wherever necessary to conform to those of current quarter/year classification.

2.      The above audited financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on Sunday, 15th May 2011.

3.      The Board of Directors have recommended dividend @ 200%, i.e Rs 20 per Equity Shares (face value Rs 10 Each) for the year ended 31st March 2011 which includes a special 50th Anniversary Dividend of 50% i.e Rs 5 per share.

  1. Number of investors Complaints :

a) Pending at the beginning of the quarter             -   Nil

b) Received during the quarter                               -   06

c) Disposed off during the quarter                         -   06

d) Pending unresolved at the end of the quarter    -  Nil

 

For Savita Oil Technologies Limited

G.N. Mehra.

Chairman and Managing Director

Mumbai 

15th May, 2011.

 

 

 

 

SAVITA OIL TECHNOLOGIES LIMITED

AUDITED SEGMENTWISE REVENUE, RESULTS AND CAPITAL EMPLOYED

 FOR THE YEAR ENDED 31st  MARCH, 2011

 Rs. in Lacs

 

Nine Months ended

31.12.2010

(Reviewed)

Quarter ended  31.3.2011

(Reviewed)

Quarter ended 31.3.2010

(Reviewed)

Year ended 31.3.2011

(Audited)

Year ended 31.3.2010

(Audited)

1.      Segment Revenues

Petroleum Products

       Wind Power

       Other Unallocated

 

Net Income / Income from Operations

 

 

1,09,599.91

2,223.00

495.83

 

1,12,318.74

 

 

 

43,061.49

346.65

170.31

 

43,578.45

 

 

 

34,212.36

320.74

152.11

 

34,685.21

 

 

 

1,52,641.69

2,569.65

666.14

 

1,55,877.48

 

 

 

1,15,591.73

2,768.60

332.87

 

1,18,693.20

 

2.      Segment Results

Profit  before taxation and

Interest for each Segment

 

Petroleum Products

Wind Power

Total

Less : i) Interest

         ii) Other Unallocated expenditure

              Net of unallocated revenue

              Total Profit before Tax

 

 

 

 

 

11,933.38

383.22

12,316.60

 

540.56

442.99

983.55

11,333.05

 

 

 

 

 

5,151.17

(232.49)

4,918.68

148.76

64.61

213.37

4,705.31

 

 

 

 

 

3,782.27

(196.97)

3,585.30

107.73

35.29

143.02

3,442.28

 

 

 

 

 

17,084.55

150.73

17,235.28

689.32

507.60

1,196.92

16,038.36

 

 

 

 

 

12,909.17

748.92

13,658.09

467.38

341.11

808.49

12,849.60

3.      Capital Employed :

(Segment Assets - Segment Liabilites)

Petroleum Products

Wind Power

Unallocated Capital Employed

Total

 

 

 

31,423.93

7,722.71

496.68

39,643.32

 

 

 

33,263.87

7,402.82

(1,150.79)

39,515.90

 

 

 

25,892.96

8,438.25

(2,354.48)

31,976.73

 

 

 

33,263.87

7,402.82

(1,150.79)

39,515.90

 

 

 

25,892.96

8,438.25

(2,354.48)

31,976.73

  NOTE  :

           Previous quarter’s / year’s figures have been regrouped /  rearranged wherever necessary to conform to those of  current  quarter  / year classification.

For Savita Oil Technologies Limited

G.N. Mehra

                                                                                                                  Chairman and Managing Director

 Mumbai

15th  May, 2011.

 

 

 

 

SAVITA OIL TECHNOLOGIES LIMITED

AUDITED STATEMENT OF ASSETS AND LIABILITIES AS AT 31st  MARCH, 2011

 Rs. in Lacs

 

Particulars

As at

31.3.2011

(Audited)

As at

31.3.2010

(Audited)

1.   Shareholders’ Fund

(a)     Capital

(b)    Reserves and Surplus

 

1,460.56

38,055.34

 

1,460.56

30,516.17

2.    Loan Funds

6,915.27

6,583.78

3.  Deferred Tax Liability

3,497.16

3,467.15

     Total

49,928.33

42,027.66

4.       Fixed Assets

20,228.29

18,904.77

5.       Investments

4,907.12

4,614.23

6.      Current Assest, Loans and Advances

(a)    Inventories

(b)   Sundry Debtors

(c)    Cash and Bank Balances

(d)   Loans and Advances

Less Current Liabilities and Provisions

(a)    Current Liabilities

(b)   Provisions

Net Current Assest

 

29,915.23

35,318.96

3,154.34

4,124.84

 

(43,706.68)

(4,013.77)

24,792.92

 

22,934.34

27,974.88

2,031.28

5,329.42

 

(36,643.02

(3,118.24)

18,508.66

Total

49,928.33

42,027.66

  

For Savita Oil Technologies Limited

G.N. Mehra

                                                                                                                  Chairman and Managing Director

 Mumbai

15th  May, 2011.