Orient Paper & Industries Limited
 
 
 
 
Financial Year 2018-2019
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Financial Year 2017-2018
April-June July-September October-December January-March
Financial Year 2016-2017
April-June July-September October-December January-March
Financial Year 2015-2016
April-June July-September October-December January-March
Financial Year 2014-2015
April-June July-September October-December January-March
Financial Year 2013-2014
April-June July-September October-December January-March
Financial Year 2012-2013
April-June July-September October-December January-March
Financial Year 2011-2012
April-June July-September October-December January-March
Financial Year 2010-2011
April-June July-September October-December January-March
Financial Year 2009-2010
April-June July-September October-December January-March
Financial Year 2008-2009
April-June July-September October-December January-March 
 
 
 
 
 
 
ORIENT PAPER &  INDUSTRIES LTD.
[Regd. Office : Unit VIII, Plot 7, Bhoinagar, Bhubaneswar - 751012 (Orissa)]
 
Unaudited Financial Results for the quarter / half year ended 30th September,2010
(Rs. In lacs )
Sl. Particulars Quarter Ended Half Year Ended Year Ended
No.   30.09.2010
(Unaudited)
30.09.2009
(Unaudited)
30.09.2010
(Unaudited)
30.09.2009
(Unaudited)
31.03.2010
(Audited)
1 Gross Sales/Income from Operations  42521.92 38397.31 91909.67 76116.33 176854.39
  Less : Excise duty  4230.27 2954.09 9459.00 6061.61 14878.93
  (a) Net Sales/Income from Operations 38291.65 35443.22 82450.67 70054.72 161975.46
  (b)Other Operating Income 676.59 201.61 1440.44 376.34 987.14
  Total Income 38968.24 35644.83 83891.11 70431.06 162962.60
2 Expenditure 38415.94 29414.58 77316.66 58566.82 136740.51
  (a) Increase (-) / decrease (+) in Stock in trade and work-in-progress (835.23) (2379.46) (1128.31) (3455.63) (2768.11)
  (b) Purchases of Traded Goods 1752.70 2050.45 3867.02 4207.09 8295.58
  (c) Consumption of raw materials 12970.58 10683.93 25575.48 21638.33 48112.70
  (d) Consumption of Stores , Chemicals & Spares 1764.12 1484.42 2413.16 2567.77 5428.33
  (e) Power & Fuel 8015.17 6246.37 16380.60 10645.71 26797.03
  (f) Employees Cost 2874.12 2740.76 5666.74 5193.65 10549.92
  (g) Packing, Freight & Forwarding Charges  5032.15 4173.05 11422.30 8363.36 18866.26
  (h) Deferred Revenue Expenditure written off  - 58.02 - 116.03 232.05
  (I) Depreciation 2002.08 1092.41 3920.21 1985.16 5501.36
  (j) Other Expenditure 4840.25 3264.63 9199.46 7305.35 15725.39
3 Profit from Operations before Other Income, Interest & tax (1-2) 552.30 6230.25 6574.45 11864.24 26222.09
4 Other Income 299.87 282.93 414.19 368.23 641.72
5 Profit before Interest & tax (3+4) 852.17 6513.18 6988.64 12232.47 26863.81
6 Interest 759.51 725.25 1766.87 1332.33 3453.27
7 Profit after Interest but before tax (5-6) 92.66 5787.93 5221.77 10900.14 23410.54
8 Tax Expenses          
  Current Tax (283.89) (865.31) 1044.11 982.69 4780.65
  MAT Credit Entitlement (Net) (414.00)                 -         (414.00)                 -   (3311.24)
  Deferred Tax 740.71 2613.72 1117.74 2494.34 6010.25
  Fringe Benefit Tax                 -   (28.00)                -                   -                   -  
9 Net Profit from Ordinary Activities after tax (7-8) 49.84 4067.52 3473.92 7423.11 15930.88
10 Paid-up Equity Share Capital (Face Value per share : Re.1/-) 1928.76 1928.53 1928.76 1928.53 1928.67
11 Paid-up Debt Capital      10000.00 10000.00 10000.00
12 Reserves excluding Revalution Reserve         74733.94
13 Debenture Redemption Reserve (included in item 12 above)     4375.00 5000.00 4375.00
14 Basic and Diluted earning per share (EPS) (Rupees)  0.02 2.11 1.80 3.85 8.26
15 Debt Equity Ratio     0.40 0.40 0.43
16 Debt Service Coverage Ratio     3.23 5.87 6.31
17 Interest Service Coverage Ratio     5.29 6.68 7.46
18 Aggregate of Public Shareholding          
  - Number of shares 127989228 127595463 127989228 127595463 128259273
  - Percentage of shareholding 66.36% 66.15% 66.36% 66.15% 66.50%
19 Promoters and Promoter Group Share Holding          
a) Pledged / Encumbered          
  Number of shares Nil Nil Nil Nil Nil
  Percentage of shares (as % of the total shareholding of promoter and promoter group) Nil Nil Nil Nil Nil
  Percentage of shares (as % of the total share capital of the company) Nil Nil Nil Nil Nil
b) Non- EncumberedNumber of shares 64895542 65289307 64895542 65289307 64625497
  Percentage of shares (as % of the total shareholding of promoter and promoter group) 100% 100% 100% 100% 100%
  Percentage of shares (as % of the total share capital of the company) 33.64%   33.85% 33.64%   33.85% 33.50%
  Notes :-
1 Limited Review of the above quarterly / six months results has been carried out by the statutory auditors of the company.
2 There were no investor complaints at the begining and the close of the quarter. The company had received five complaints during the quarter, which  were resolved during the quarter. 
3 Ratios have been computed as follows:
  Debt Service Coverage Ratio = Earning before interest, depreciation and tax  / [interest expenses (including interest capitalised)+ principal  repayment of debt]
  Interest Service Coverage Ratio = Earning before interest, depreciation and tax  / interest expenses(including interest capitalised). 
  Debt represents long term loans / debentures.
  Equity represents Issued, Subscribed and Paid up Share Capital and Reserves & Surplus ( excluding revaluation reserve).
4 Paid up Debt Capital represents listed Debentures.
5 There were no exceptional and extraordinary items during the quarter / six months ended 30th September, '2010.
6 The Board of Directors of the Company has decided to amalgamate its wholly owned Subsidiary, namely OPI Exports Ltd with the Company with effect from 1st April'2010 subject to necessary approvals. Pending approvals of the aforesaid amalgamation, the operational results pertaining to the said subsidiary for the period from 1st April,2010 to 30th September,2010 have not been incorporated in the above results.
7 The Auditors in their Report on the Accounts for the year ended 31st March,2010 and subsequent Limited Review Report  for the quarter ended 30th June,2010 had commented upon the basis of provision against water tax demand which had been made to the extent of liability admitted by the Company since the demand was continued to be stayed and was under reconsideration by the Govt. of Madhya Pradesh. During the quarter, the Company has entered in to a new agreement with the Water Resource Department with effect from 27th May,2009 and accordingly the water tax has since been paid along with liability for the period prior to the date of said agreement to the extent admitted by the Company as stated above. No provision against the balance demand of Rs.10334 lacs has been made  since the Company’s application for waiver thereof is pending with the Government of Madhya Pradesh. 
8 Figures for the Quarter / six months ended 30th September, 2009 have been recasted to give effect of the amalgamation of Company's erstwhile wholly owned subsidiary,namely Air Conditioning Corporation Ltd with the Company, which has became effective from the appointed date 1st April, 2009
9 Previous period figures have been regrouped / rearranged wherever necessary.
10 The above results were reviewed by the Audit Committee and taken on record by the Board of Directors of the Company at their respective meetings held on 13th November, 2010.
11 Statement of Assets and Liablities:
( Rs. In lacs )
  Particulars UNAUDITED  
  As at 30TH SEPTEMBER 2010             As at 30TH SEPTEMBER 2009 *  
 
  SHAREHOLDERS' FUNDS:   
     (a)  Share Capital 2028.76 2028.53  
     (b)  Reserves & Surplus  79086.83 70688.29  
  LOANS FUNDS  55309.94 48421.38  
  DEFERRED PAYMENT LIABILITIES 222.25 303.51  
  DEFERRED TAX LIABILITY (Net) 12145.55 7511.90  
  Total  148793.33 128953.61  
  FIXED ASSETS  122819.29 113070.58  
  INVESTMENTS 6217.02 892.30  
  CURRENT ASSETS, LOANS & ADVANCES      
  (a)  Inventories 19338.88 15901.02  
  (b)  Sundry Debtors 12655.19 12321.42  
  (c)  Cash and Bank Balances 3476.77 2077.41  
  (d)  Other Current Assets 338.59 1006.14  
  (e)  Loans and Advances 12630.99 9159.86  
    Sub Total 48440.42 40465.85  
  Less : CURRENT LIABILITIES & PROVISIONS      
  (a)  Current Liabilities 23404.53 21746.83  
  (b)  Provisions 5278.87 3844.32  
    Sub Total 28683.40 25591.15  
  NET CURRENT ASSETS  19757.02 14874.70  
  MISCELLANEOUS EXPENDITURE (to the extent not written off)                 -   116.03  
  TOTAL  148793.33 128953.61  
  * Assets and Liablities as at 30th September2009, disclosed above have not been reviewed by the auditors of the Company.
Segment wise Revenue, Results and Capital Employed under Clause 41 of the Listing Agreement
(Rs. In lacs )
Sl. Particulars Quarter Ended Half Year Ended Year Ended
No. 30.09.2010
(Unaudited)
30.09.2009
(Unaudited)
30.09.2010
(Unaudited)
30.09.2009
(Unaudited)
31.03.2010
(Audited)
1 Segment Revenue :           
  a) Cement  18606.00 19247.06 47038.77 40796.45 89475.79
  b) Paper & Board 6912.58 6018.07 9055.88 8811.49 23938.18
  c) Electrical Consumer Durables 12638.16 10052.72 26112.55 20236.04 48084.92
  d) Others         134.91         125.37        243.47        210.74         476.57
  Total  38291.65 35443.22 82450.67 70054.72 161975.46
  Less : Inter Segment Revenue                 -                -                  -                -                -  
  Net Sales/Income from Operations 38291.65 35443.22 82450.67 70054.72 161975.46
2 Segment Results : (Profit (+)/Loss(-) before interest & Tax from each segment)  :          
  a) Cement  536.39 6062.08 8287.44 12874.01 25390.60
  b) Paper & Board - Amlai        (215.12) (586.84)    (2,397.54) (2710.06) -3596.11
            - Brajrajnagar * (120.39) (175.82) (239.39) (351.34) (716.36)
           (335.51)        (762.66)    (2,636.93) (3061.40) -4312.47
  c) Electrical Consumer Durables 663.02 1189.14 1635.16 2699.71 6174.52
  d) Others           16.12          13.83          27.45          23.67          26.17
  Total  880.02 6502.39 7313.12 12535.99 27278.82
  Less :          
  (i)  Interest  759.51 725.25 1766.87 1332.33 3453.27
  (ii) Other un-allocable expenditure net of un-allocable income 27.85 (10.79) 324.48 303.52 415.01
  Profit Before Tax  92.66 5787.93 5221.77 10900.14 23410.54
3 Capital Employed :          
  a) Cement  91037.93 83884.09 91037.93 83884.09 88877.62
  b) Paper & Board 32169.28 28493.90 32169.28 28493.90 28858.71
  c) Electrical Consumer Durables 12408.72 9159.81 12408.72 9159.81 14374.96
  d) Others           82.91         188.13          82.91        188.13         134.97
  Total 135698.84 121725.93 135698.84 121725.93 132246.26
  * Shown seperately since the unit is non - operational.
 

NEWS

09/04/2019
NOTICE is hereby given that a Meeting of the Board of Directors of the Company has been convened to be held on Thursday, the 2nd May, 2019 inter alia to consider draft Annual Report & Accounts of the Company for the year ended 31st March, 2019 and declaration of Dividend if any.The said Notice may be accessed on the Company’s website at http://orientpaperindia.com and may also be accessed on the Stock Exchange websites at http://www.bseindia.com and http://www.nseindia.com.
14/03/2019
Shareholders, Beneficial Owners, Depository Participants and all concerned are hereby informed that the Company has appointed M/s. Karvy Fintech Private Limited (Karvy) as the new Registrar and Share Transfer Agent in place of MCS Share Transfer Agent Ltd. All documents / correspondence relating to transfer of shares, change of address (physical shares) issue of duplicate shares, claim of unpaid dividend, dematerialization of shares etc. pertaining to shares and securities of the Company may besent to Karvy at the address mentioned below:M/s. Karvy Fintech Private LimitedUnit: ORIENT PAPER & INDUSTRIES LTD.Karvy Selenium Tower BPlot 31-32, GachibowliFinancial District NanakramgudaHyderabad-500 032Contact Details at Karvy:Toll Free No.18003454001Email: einward.ris@karvy.comWebsite: www.karvyfintech.com
24/01/2019
The Board of Directors of the company at its meeting held on 23rd January,2019 inter-alia recommended the payment of Interim dividend @ Re.0.50 (50%) on 21,21,85,502 equity shares of Re.1/- each. In this connection 2nd February, 2019 has been fixed as record date for the purpose of payment of Interim Dividend.
08/01/2019
NOTICE is hereby given that a Meeting of the Board of Directors of the Company has been convened to be held on Wednesday , the 23rd January, 2019 inter alia to consider Unaudited Financial Results of the Company for the quarter ended 31st December, 2018, subject to ‘Limited Review’ by the Auditors of the Company.The said Notice may be accessed on the Company’s website at http://orientpaperindia.com and may also be accessed on the Stock Exchange websites at http://www.bseindia.com and http://www.nseindia.com.
05/10/2018
NOTICE is hereby given thata Meeting of the Board of Directors of the Company has been convened to be held onWednesday,the 31st October,2018 inter alia to consider Unaudited Financial Results of the Company for the quarter ended 30th September,2018,subject to‘Limited Review’by the Auditors of the Company.The said Notice may be accessed on the Company’s website at http://orientpaperindia.com & may also be accessed on the Stock Exchange websites at http://www.bseindia.com & http://www.nseindia.com
16/04/2018
NOTICE is hereby given that a Meeting of the Board of Directors of the Company has been convened to be held on Wednesday, the 2nd May, 2018 inter alia to consider draft Annual Report & Accounts of the Company for the year ended 31st March, 2018 and declaration of Dividend if any. The said Notice may also be accessed on the Stock Exchange websites at http://www.bseindia.com and http://www.nseindia.com.
 
Key Financial Highlights (Quarter ended 31-12-2018)
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