General information about company

Scrip code506854
NSE Symbol
MSEI Symbol
ISIN*INE639B01015
Name of companyTANFAC INDUSTRIES LIMITED
Type of company
Class of securityEquity
Date of start of financial year01-04-2022
Date of end of financial year31-03-2023
Date of board meeting when results were approved20-01-2023
Date on which prior intimation of the meeting for considering financial results was informed to the exchange09-01-2023
Description of presentation currencyINR
Level of rounding used in financial resultsLakhs
Reporting QuarterThird quarter
Nature of report standalone or consolidatedStandalone
Whether results are audited or unauditedUnaudited
Segment ReportingSingle segment
Description of single segmentChemicals
Start date and time of board meeting20-01-2023 12:15
End date and time of board meeting20-01-2023 15:00
Whether cash flow statement is applicable on company
Type of cash flow statement
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 period01-10-202201-04-2022
BDate of end of reporting period31-12-202231-12-2022
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 operations9875.125941.85
Other income93.55162.76
Total income9968.6526104.61
2Expenses
(a)Cost of materials consumed5587.9516083.94
(b)Purchases of stock-in-trade00
(c)Changes in inventories of finished goods, work-in-progress and stock-in-trade275.83-251.52
(d)Employee benefit expense 430.561178.39
(e)Finance costs18.7857.58
(f)Depreciation, depletion and amortisation expense161.22461.84
(f)Other Expenses
1Power & Fuel399.661167.15
2Other Expenses932.332870.94
10
Total other expenses1331.994038.09
Total expenses7806.3321568.32

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 period01-10-202201-04-2022
BDate of end of reporting period31-12-202231-12-2022
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 tax2162.324536.29
4Exceptional items 00
5Total profit before tax2162.324536.29
7Tax expense
8Current tax536.751166.57
9Deferred tax0.27-5.46
10Total tax expenses537.021161.11
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 operations1625.33375.18
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 period1625.33375.18

Financial Results – Ind-AS

Particulars3 months/ 6 month ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-10-202201-04-2022
BDate of end of reporting period31-12-202231-12-2022
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedStandaloneStandalone
Other comprehensive income [Abstract]
1Amount of items that will not be reclassified to profit and loss
1Items Can not be reclassified to profit and loss0-10.69
Total Amount of items that will not be reclassified to profit and loss0-10.69
2Income tax relating to items that will not be reclassified to profit or loss 0-2.77
3Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4Income tax relating to items that will be reclassified to profit or loss 00
5Total Other comprehensive income0-7.92

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 period01-10-202201-04-2022
BDate of end of reporting period31-12-202231-12-2022
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 period1625.33367.26
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 capital997.5997.5
Face value of equity share capital00
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 operations16.2933.84
Diluted earnings (loss) per share from continuing operations16.2933.84
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 operations16.2933.84
Diluted earnings (loss) per share from continuing and discontinued operations16.2933.84
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 above results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 20th January 2023 and subject to a limited review by the statutory auditors.
2.The company operates in a single segment i.e, Chemicals in India and all other activities evolve around the same. Hence, there is no reportable primary/secondary segment in accordance with the requirements of Ind AS 108,' Operating Segments'
3. The Board of Directors, in their meeting held on 6th May 2022, had recommended a final dividend of Rs. 5.50/- per equity share of face value of Rs. 10/- each for the financial year 2021-22 which was approved by the shareholders in the Annual General Meeting held on 26th September 2022 and paid to the shareholders subsequently.
4. On 11th March 2022, M/s Anupam Rasayan India Limited acquired shares of the Company held by the erstwhile Promoter Group, aggregating 24,89,802 shares through a Share Purchase Agreement dated 1st February 2022 and obtained joint control over the company along with Tamilnadu Industrial Development Corporation Limited (the continuing promoter). In compliance with the SEBI SAST Regulations, M/s Anupam Rasayan India Limited had announced open offer to acquire stake from the public shareholders upto 26% of the paid up equity shares and acquired 83,279 shares (0.83%) tendered by the public during the tendering period of the open offer.
5. Figures for the previous period/year have been rearranged/reclassified whenever necessary, to correspond with the current period/year presentation.



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 period01-10-202201-04-2022
Date of end of reporting period31-12-202231-12-2022
Whether accounts are audited or unauditedUnauditedUnaudited
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