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 approved18-07-2022
Date on which prior intimation of the meeting for considering financial results was informed to the exchange07-07-2022
Description of presentation currencyINR
Level of rounding used in financial resultsLakhs
Reporting QuarterFirst 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 meeting18-07-2022 03:30
End date and time of board meeting18-07-2022 04:30
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 period01-04-202201-04-2022
BDate of end of reporting period30-06-202230-06-2022
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 operations8326.048326.04
Other income20.1120.11
Total income8346.158346.15
2Expenses
(a)Cost of materials consumed5290.695290.69
(b)Purchases of stock-in-trade00
(c)Changes in inventories of finished goods, work-in-progress and stock-in-trade-273.94-273.94
(d)Employee benefit expense 355.87355.87
(e)Finance costs15.2515.25
(f)Depreciation, depletion and amortisation expense145.29145.29
(f)Other Expenses
1Power & Fuel427.21427.21
2Other Expenses1162.221162.22
10
Total other expenses1589.431589.43
Total expenses7122.597122.59

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 period01-04-202201-04-2022
BDate of end of reporting period30-06-202230-06-2022
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 tax1223.561223.56
4Exceptional items 00
5Total profit before tax1223.561223.56
7Tax expense
8Current tax325.21325.21
9Deferred tax0.310.31
10Total tax expenses325.52325.52
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 operations898.04898.04
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 period898.04898.04

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 period01-04-202201-04-2022
BDate of end of reporting period30-06-202230-06-2022
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
Total Amount of items that will not be reclassified to profit and loss
2Income tax relating to items that will not be reclassified to profit or loss 00
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 income00

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 period01-04-202201-04-2022
BDate of end of reporting period30-06-202230-06-2022
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 period898.04898.04
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 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 operations99
Diluted earnings (loss) per share from continuing operations99
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 operations99
Diluted earnings (loss) per share from continuing and discontinued operations99
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 18th July 2022.
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. # Figures of previous quarter ending 31st March 2022 were the balancing figures between audited figures in respect of the full financial year and published year to date reviewed figures upto the 3rd quarter of the financial year.
4. The Board of Directors, in their meeting held on 6th May 2022, had recommended final dividend of Rs.5.50/- per equity share of face value of Rs.10/- each for the financial year 2021-22 subject to approval by members in the ensuing Annual General Meeting.
5. 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.
6. During the quarter ended 30th June 2021 of previous financial year, the Company had achieved higher profitability primarily on account of -
Increase in realisation on sale of Sulphuric Acid due to temporary local supply chain disruptions .
Increase in volume and realisation of Specialty Fluorides due to augmented demand on account of onset of fresh wave of COVID-19
7. Figures for the previous period / year have been rearranged /reclassified wherever necessary, to correspond with 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 period01-04-202201-04-2022
Date of end of reporting period30-06-202230-06-2022
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