General information about company
Scrip code	522005
NSE Symbol
MSEI Symbol	AUSTENG
ISIN*	INE759F01020
Name of company	AUSTIN ENGINEERING COMPANY LTD
Type of company
Class of security	Equity
Date of start of financial year	01-04-2020
Date of end of financial year	31-03-2021
Date of board meeting when results were approved	10-02-2021
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	02-02-2021
Description of presentation currency	INR
Level of rounding used in financial results	Lakhs
Reporting Quarter	Third quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited	Unaudited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	10-02-2021 14:00
End date and time of board meeting	10-02-2021 15:10
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification	Not applicable

Financial Results – Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-10-2020	01-04-2020
B	Date of end of reporting period	31-12-2020	31-12-2020
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue 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.
1	Income
	Revenue from operations	1850.12	4954.78
	Other income	24.99	53.63
	Total income	1875.11	5008.41
2	Expenses
(a)	Cost of materials consumed	602.29	1481.62
(b)	Purchases of stock-in-trade	280.82	691.58
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	6.16	361.96
(d)	Employee benefit expense	384.34	1187.3
(e)	Finance costs	21.33	61.74
(f)	Depreciation, depletion and amortisation expense	26.11	77.08
(f)	Other Expenses
1	OTHER EXPS	532.39	1240.9
10
	Total other expenses	532.39	1240.9
	Total expenses	1853.44	5102.18

Financial Results – Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-10-2020	01-04-2020
B	Date of end of reporting period	31-12-2020	31-12-2020
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue 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.
3	Total profit before exceptional items and tax	21.67	-93.77
4	Exceptional items	0	0
5	Total profit before tax	21.67	-93.77
7	Tax expense
8	Current tax	-0.1	-0.25
9	Deferred tax	-7.73	3.91
10	Total tax expenses	-7.83	3.66
11	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
14	Net Profit Loss for the period from continuing operations	29.5	-97.43
15	Profit (loss) from discontinued operations before tax	0	0
16	Tax expense of discontinued operations	0	0
17	Net profit (loss) from discontinued operation after tax	0	0
19	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
21	Total profit (loss) for period	29.5	-97.43

Financial Results – Ind-AS
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-10-2020	01-04-2020
B	Date of end of reporting period	31-12-2020	31-12-2020
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
	Total Amount of items that will not be reclassified to profit and loss
2	Income tax relating to items that will not be reclassified to profit or loss	20.9	16.2
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	-5.43	-4.21
5	Total Other comprehensive income	-15.47	-11.99

Financial Results – Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-10-2020	01-04-2020
B	Date of end of reporting period	31-12-2020	31-12-2020
C	Whether results are audited or unaudited	Unaudited	Unaudited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue 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.
23	Total Comprehensive Income for the period	14.03	-109.42
24	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
25	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	0	0
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
26	Details of equity share capital
	Paid-up equity share capital	347.78	347.78
	Face value of equity share capital	10	10
27	Details of debt securities
28	Reserves excluding revaluation reserve
29	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	0.85	-2.8
	Diluted earnings (loss) per share from continuing operations	0.85	-2.8
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	0.85	-2.8
	Diluted earnings (loss) per share from continuing and discontinued operations	0.85	-2.8
30	Debt equity ratio
31	Debt service coverage ratio
32	Interest service coverage ratio
33	Disclosure of notes on financial results	Textual Information(1)

Text Block

Textual Information(1)

NOTES : 1 The above results have been reviewed by the Audit Committee and Approved by the Board of Directors of the Company at their meeting held on February 10, 2021. The Statutory Auditors of the company have carried out a " Limited Review" of the result for the quarter and nine months ended December 31, 2020. 2 The Statement has been prepared in accordance with the Companies (Indian Accounting Standards) rules, 2015 (Ind AS) precribed under Section 133 of the Companies Act, 2013 as applicable and guidelines issued by the Securities and Exchange Board of India (SEBI). 3 The Consolidated Financial Statements include results of Subsidiary company. The Name, Country of incorporation, Proportion of ownership interest and reporting dates are as under : Name of the Company Country of Incorporation Parent's ultimate holding as on December 30,2020 Quarter ends on Subsidiary : 1. AUSTIN ENGINEERING COMPANY U.S.A. 100% 31-Dec-20 4 The Company has two reportable segments viz. "Bearing" and "Wind Turbine Power Generation". 5 In accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, the above unaudited standalone financial results of the company are posted on Company's website and website of stock exchange viz. www.bseindia.com. 7 The Consolidated amount for the quarter ended and Nine months ended December 31, 2020, as reported in these unaudited consolidated finacial results, have not been subjected to limited review or audit by the statutory auditors of the Company. 8 The figures of the previous quarter / half year period / year have been regrouped / re-classified / re-arranged, wherever necessary to correspond with the current period’s classification/disclosure/comparable. Place : Village Patla, Tal.Bheshan, Dist. Junagadh For & on behalf of the Board Dated : 10th February, 2021 AUSTIN ENGINEERING COMPANY LIMITED R R BAMBHANIA MANAGING DIRECTOR

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-10-2020	01-04-2020
Date of end of reporting period		31-12-2020	31-12-2020
Whether accounts are audited or unaudited		Unaudited	Unaudited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	BEARING	1856.29	4969.54
2	WIND TURBINE POWER GENERATION	18.82	38.88
3	UNALLOCATED	0	0
	Total Segment Revenue	1875.11	5008.42
	Less: Inter segment revenue	18.82	38.88
	Revenue from operations	1856.29	4969.54
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	BEARING	28.54	-59.01
2	WIND TURBINE POWER GENERATION	14.47	26.99
3	UNALLOCATED	0	0
	Total Profit before tax	43.01	-32.02
	i. Finance cost	21.33	61.74
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax	21.68	-93.76
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	BEARING	9127.74	9127.74
2	WIND TURBINE POWER GENERATION	44.04	44.04
3	UNALLOCATED	214.03	214.03
	Total Segment Asset	9385.81	9385.81
	Un-allocable Assets
	Net Segment Asset	9385.81	9385.81
4	Segment Liabilities
	Segment Liabilities
1	BEARING	4272.26	4272.26
2	WIND TURBINE POWER GENERATION	4.3	4.3
3	UNALLOCATED	0	0
	Total Segment Liabilities	4276.56	4276.56
	Un-allocable Liabilities
	Net Segment Liabilities	4276.56	4276.56
	Disclosure of notes on segments