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CIN: L659 1OMH1990PLC059499

24hMay20L6
To,

The Secretary,

The Bombay Stock Exchange,

Phiroze Jeejeebhoy Towers
DalalStreet
Mumbai- 400001.

SUBJECT
BSE CODE

BOARD MEETING OUTCOME

530979

Dear Sir,

This is to inform you that the Board Meeting of the Company was held today i.e. May 24th
2016 atthe registered of the company. The Board considered and approved the following:

1) Pursuant to Regulation 33 of SEBI (Listing Obligation and Disclosures Requirements)

Regulations , 2015 the Audited Financial Results for the Quarter and Year ended 31't
March,2016.
Please acknowledge and take on record the same.
Thanking you

FOR INDIA HOME LOAN LTD

"-@1

MANAGING DIRECTOR

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CIN: L6591OMH1990PLC059499

AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCFI 31,2016
In Lakhs)
Standalone
Particulars

Quuter ended
31.03.2015

(Audited) Refer
Note 4

1. Income from operations

(a) Revenue from operations

Yeu ended

37.72.2915

31.03.2015

31.03.2016

31.03.2015

(Unaudited)

(Audited)

(Audited)

(Audited)

122.70

105 50

66.36

415.14

245.65

t22.70

105.50

66.36

475.L4

245.65

43.90

58.12

40.87

't87.5t

L61-.12

8.56

1.4.99

14.9L

45.95

55.32

7.92

1.90

3.50

7.38

14.of,

40.73

32.46

1.27.68

91.15

0.s0

(10.00)

(b) Odrer Operating Income

2. Expenses
(a) Opera ting expendihrre

(b) Employee benefit expense

(c) Depreciation and amortisation expense
(d) Odrer expenses
(e) Provision / Write off (Net of Write back)
3.

Profit / (Loss) from operations before other income, finance

costs and exceptional items (1-2)

4. Other Income (Note 2)

5,Profit / (Loss) from ordinary activities before finance costs and

exceptional items(3+4)
5. Finance Costs
7. Profit / (Loss) from

ordinary activities after finance costs but

before exceptional items(5+6)

5.50

78.80

47.38

3.7r

2.28

82.s1

49.66

40.88

34.98

8.02

113.1 1

8.02

4]..63

14.68

L5.79

128.53

87.77

41.63

14.68

T6.79

128.s3

87.77

4.26

6.93

+L.XZ

26.35

70.42

9.86

86.00

57.51

26.35

1.0.42

9.86

86 00

57.51

1.,737

1,1.37

7,L37

1.,1.37

1.,r37

25.49

(0.68)
24.81

227.63

84.53

14.01

5.26

247.64

89.79

8. Exceptional items
9.

Profit / (Loss) from ordinary activities before tax

(7+8)

10. Tax expense (Note 4)

11. Net

IJ.Z/

Profit / (Loss) from ordinarv activities after tax

(9+10)

12, Extraordinary items ( net of tax expense)

13. Net

Profit / (Loss) for the period

(11+12)

14. Paid-up Equity Share Capital

(Face Value

{ 10/-)

15. Reserves excluding revaluation reserves

628

16. EPS (Not Annualised)

(a) Basic

0.23

0.09

0.09

0.76

0.51

(b) Diluted

0.23

0.09

0.09

0.76

0.s1

Debt Service Coverage Ralio

2.74

11.19

Interest Service Coverage Ratio

2.74

1.1.,19

of the Company is to provide loans for purchase or construction of residential houses, all other activities of the Company revolve
around the main business and accordingly there are no separate reportabl.e segments, as per &re Accounting Standard on 'Segment Reporting' (AS 17)
issued by the Instihrte of Chartered Accountants of India / notified under tJre Companies act2073.
1. The main business

2. Other Income

mainly includes Dividend on Muhral Fund

5.33 lakhs and Inieres! on Fixed Deposits { 4.09 lakhs for the year ended 31st March, 2016

and gain on sale of investment 3.87lakhs and Miscellaneous income 0.72 lakhs
3, The above

results have been reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meetings held on 24th

May,2076.

for the three months ended 31st March,2016 are the balancing figures behveen audited figures in respect of the full Iinancial year and the
published year to date uplo the third quarter of ihe revelant financial year.
4. The ligures

ended and year ended have been regrouped /

of the current quarter ended and year ended 31st March, 2016.
5. Figures for the previous quarter

reclas

S. ,r-l

,3

y to make them comparable with Iigures

nu\Agts\

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CIN: L659 1OMH1990PLC059499

5. Statement of Assets and LiabiliW

(

Particulars

t In

Lakhs)

As at

As at

31-Mar-16

31-Mar-15

Aud ted

A EQUITY AND LIABILITIES

1

Shareholders' funds
a) Share

1,,137

Capital

a1

628

1,851

1,,765

t,020

375

74

1,7

1,034

386

307

131

b) Reserves and Surplus

Sub - Total - Shareholders' Funds
2

Non-cu:rent liabilities

borrowings
b) Deferred Tax Liabilities (net)

a) Long - term

Sub - Total - Non-cunent Liabilities

J

7,L37

Current liabilities
a) Trade payables

b) Other current liabilities*

15

c) Short-term provisions

327

137

3,212

2,287

t4

20

Sub - Total - Current Liabilities

TOTAL. EQUITY AND LIABILITIES

B ASSETS

1,

Non-Current Assets
a) Fixed Assets

b) Long - term loans and advances

Sub - Total - Non-Current Assets

2

R6?

1,804

2,876

\,824

Current Assets
a) Current investrnents

228
35

59

298

t73

336

463

3,212

2,287

b) Cash and cash equivalents#

c) Short-term loans and advances

d) Other current assets

Sub - Total - Current Assett

TOTAL ASSETS

* Includes current maturities of long term loan of { 300.40 lakhs (Previous year : < 125 lakhs)
# Cash and cash equivalents represents cash and bank balances'

carried out based on their

The classification of Assets and Liabitities in to Current and Non - Current are
and assumptions
residual maturity profile as per the requirement of the Companies Act,2013. The estimates
(which are taken
(NHB)
Bank
Housing
regarding prepayments and renewals are prescribed by the National
and liabilities into current and
into account for ALM purpose) are not considered while classifying the assets
FOR

INDIA HOME LOAN LIMITED

a",*,b.r--1
Place: Mumbai

Date :24th MaY,201'6

Mahesh Pujara

Managing

G. P. KAPADIA & CO.

CHARTERED ACCOUNTANTS

Tel. : 22654239,22654313
E-mail : gpkco@yahoo.com

Auditor's Report on Quarterly Financial Results and Year to Date Results of India Home
Loan Limited Pursuant to the Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015.

To the Board of Directors of

India Home Loan Limited

We have audited the accompanying annual financial results ('the Statement') of India
Home Loan Limited for the year ended 31 March2076, attached herewith, being submitted
by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015. Attention is drawn to the fact
that the figures for the quarter ended 31 March 2016 and the corresponding quarter ended
in the previous year as reported in the Statement are the balancing figures between audited
figures in respect of the full financial year and the published year to date figures up to the
end of the third quarter of the relevant financial year. Also the figures up to the end of the
third quarter had only been reviewed and not subjected to audit.
The Statement have been prepared on the basis of the annual financial statements and
reviewed quarterly financial results up to the end of third quarter which are the
responsibility of the Company's management. Our responsibility is to express an opinion
on the Statement based on our audit of financial statements, which have been prepared in
accordance with the recognition and measurement principles laid down in Companies
(Accounting Standards) Rules 2006, as per Section 133 of the Companies Act 2013 ('the
Act') and other accounting principles generally accepted in India.
We conducted our audit in accordance with the auditing standards generally accepted in
India. Those standards require that we plan and perform the audit to obtain reasonable
assurance about whether the Statement is free of material misstatement. An audit includes
examining, on a test basis, evidence supporting the amounts disclosed as financial results.
An audit also includes assessing the accounting principles used and significant estimates
made by management. We believe that our audit provides a reasonable basis for our
opinion.

G, P. KAPADIA & CO.

In our opinion and to the best of our information and according to the explanations given
to us the Statement:

1. Is presented in

accordance with the requirements of Regulation 33 of the SEBI

(Listing Obligations and Disclosure Requirements) Regulations, 2015 in this regard;
and

2.

Give a true and fair view of the net profit and other financial information for the year
ended 31't March, 201,6.

For G.P. Kapadia & Co.

Chartered Accountants
Firm's Registration No: 704768W

Partner
Membership No: 30850

Mumbai
24thMay,20L6

FORM A (For Audit Report

with unmodified oplnion)

1.

Name of the company

INDIA HOME LOAN LTD

2.

Annual financial statements for the year ended

31't March 2015

3.

Type of Audit observation

Un Modified

4.

Frequency of observation

Not Applicable

5.

To be signed byo Managing Director

o CFO
o

Auditor of the company

Audit Committee Chairman

k=t-