11th Nov '20: Unaudited Standalone and Consolidated Financial Results for the Quarter ended September 30, 2020. More

BGR ENERGY SYSTEMS LIMITED

443 ANNA SALAI, TEYNAMPET, CHENNAI 600018 INDIA TEL: [phone] FAX: [phone]

E-mail: [e-mail]	Web site: w w w.bgrcorp.com
BeSec/2020
November 11, 2020
Listing Department	Department of Corporate Services
National Stock Exchange of India Limited	BSE Limited
Exchange Plaza, Bandra Kurla Complex	P.J. Towers, Dalal Street
Bandra (E), Mumbai - 400051	Mumbai - 400001
NSE Symbol: BGRENERGY	BSE Scrip Code: 532930
Dear Sirs,

Sub: Unaudited Standalone & Consolidated Financial Results for the Quarter ended September 30, 2020

Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to forward the following:

1. Unaudited Standalone and Consolidated Financial Results for the Quarter ended September 30, 2020 and
2. Limited Review Report issued by the Statutory Auditors for Standalone and Consolidated Financial Results.

The meeting of the Board of Directors commenced at 2.00 p.m. and concluded at 4.25 p.m.

Kindly take the same on record.

Thanking you,

Yours truly,

for BGR Energy Systems Limited

1. RAMESH KUMAR

Digitally signed by R RAMESH KUMAR DN: c=IN, o=Personal, postalCode=603112, st=TAMIL NADU, serialNumber=ad98ebdc23ede128fa6 462680c770e1a363d2ee17b82bb6281 eb7b1f82697856, cn=R RAMESH KUMAR

Date: 2020.11.11 16:35:48 +05'30'

R. Ramesh Kumar

Director & Secretary

Encl: a.a.

REGISTERED OFFICE:

A-5 PANNAMGADU INDUSTRIAL ESTATE, RAMAPURAM POST, SULURPET TALUK, NELLORE DISTRICT, ANDHRA PRADESH 524401 INDIA. TEL: [phone]

Corporate Identity Number : L40106AP1985PLC005318

BGR ENERGY SYSTEMS LIMITED

	Reg Off : A-5 Pannamgadu Industrial Estate, Ramapuram Post. Sullurpet Taluk, Nellore District. Andhra Pradesh 524401
	Corp.Off: 443, Anna Salai, Teynampet, Chennai 600018 Ph: [phone], Fax: [phone]
	Corporate Identity Number: L40106API985PLC005318 Email: [e-mail] website: www.bgrcorp.com
	STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2020
							Rs.Lakhs
				STANDALONE
	Particulars		Quarter ended		Half Year ended	Year ended
		30.09.2020	30.06.2020	30.09.2019	30.09.2020	30.09.2019	31.03.2020
		(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Audited)
1	Income
(a)	Revenue from operations	27381	12747	60972	40128	124170	269197
(b) Other income	4	4	-	8	1	4127
	Total Income	27385	12751	60972	40136	124171	273324
2	Expenses
(a)	Cost of raw materials and components consumed	13704	7271	31993	20975	66714	164055
(b)	Cost of manufacturing and construction	8447	3797	14464	12244	28982	50623
(c)	Other direct cost	1002	507	1219	1509	2785	5154
(d)	Changes in inventories of finished goods,stock in	(22)	(4)	(6)	(26)	(49)	20
	trade and work in progress
(e) Employee benefits expense	3189	2873	4805	6062	9948	19095
(f) Depreciation and amortization expense	764	837	765	1601	1541	3478
(g) Finance costs	6462	6182	7014	12644	13865	27747
(h) Other expenses	13879	1104	2776	14983	4159	9564
	Total expenses	47425	22567	63030	69992	127945	279736
3	Profit/(Loss) before exceptional items	(20040)	(9816)	(2058)	(29856)	(3774)	(6412)
and tax (1-2)
4	Exceptional items	-	-	-	-	-	-
5	Profit / (Loss) from ordinary activites before tax	(20040)	(9816)	(2058)	(29856)	(3774)	(6412)
(3+4)
6	Tax expense	(5066)	(2500)	(441)	(7566)	(1151)	(7764)
7	Net Profit / (Loss) for the period (5-6)	(14974)	(7316)	(1617)	(22290)	(2623)	1352
8	Other Comprehensive Income (OCI)	194	(334)	(46)	(140)	(62)	(237)
9	Total Comprehensive Income / (Loss) for	(14780)	(7650)	(1663)	(22430)	(2685)	1115
the period (7+8)
10	Paid -up equity share capital	7216	7216	7216	7216	7216	7216
	(Face value of the share Rs.10 each)
11	Reserves (excluding revaluation reserve)						134506
12	Earnings per Share (EPS) (of Rs. 10 each)
	(not annualised)
	a) Basic	(20.75)	(10.14)	(2.24)	(30.89)	(3.63)	1.87
	b) Diluted	(20.75)	(10.14)	(2.24)	(30.89)	(3.63)	1.87

SEGMENTWISE REVENUE, RESULTS, ASSETS AND LIABILITIES					Rs.Lakhs
			STANDALONE
Particulars		Quarter ended		Half Year ended	Year ended
	30.09.2020	30.06.2020	30.09.2019	30.09.2020	30.09.2019	31.03.2020
	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Audited)
1. Segment Revenue
a) Capital Goods	5124	2579	9052	7703	18283	40935
b) Construction and EPC Contracts	22418	10224	52442	32642	107579	230752
c) Unallocated	-	-	-	-	-	-
Total	27542	12803	61494	40345	125862	271687
Less: Inter Segment Revenue	161	56	522	217	1692	2490
Net Sales/Income from Operations	27381	12747	60972	40128	124170	269197

2. Segment Results Profit (+) / (Loss) (-) before tax and interest

a) Capital Goods	(189)	130	404	(59)	558	2101
b) Construction and EPC Contracts	(13393)	(3768)	4553	(17161)	9533	15107
c) Unallocated	4	4	(1)	8	-	4127
Total	(13578)	(3634)	4956	(17212)	10091	21335
Less: Interest	6462	6182	7014	12644	13865	27747
Total Profit / (Loss) Before Tax	(20040)	(9816)	(2058)	(29856)	(3774)	(6412)
3. Segment Assets
a) Capital Goods	28461	28847	51839	28461	51839	61725
b) Construction and EPC Contracts	505017	525373	520687	505017	520687	502016
c) Unallocated	47016	46815	47116	47016	47116	47818
Total	580494	601035	619642	580494	619642	611559
4. Segment Liabilities
a) Capital Goods	8440	8244	11723	8440	11723	20126
b) Construction and EPC Contracts	434448	435330	436730	434448	436730	423817
c) Unallocated	18315	23389	33267	18315	33267	25894
Total	461203	466963	481720	461203	481720	469837

Statement of Assets and Liabilities		Rs.Lakhs
	STANDALONE
Particulars	30.09.2020	31.03.2020
	(Unaudited)	(Audited)

ASSETS

• Non Current Assets

(a)	Property, plant and equipment	14157	16111
(b)	Capital work in progress	-	-
(c)	Other Intangible assets	196	232
(d)	Financial assets
	(i) Investments	35947	35935
	(ii) Trade receivables	82672	110640
	(iii) Loans	3372	3402
	(iv) Other financial assets	10400	12049
		146744	178369
II	Current Assets
(a)	Inventories	3776	4373
(b)	Financial assets
	(i) Trade receivables	214207	222057
	(ii) Cash and cash equivalent	41160	36153
	(iii) Loans	44268	44027
	(iv) Other financial assets	830	963
(c) Other current assets	129509	125617
		433750	433190
	TOTAL ASSETS	580494	611559

EQUITY AND LIABILITIES

I	Equity
(a)	Equity Share Capital	7216	7216
(b) Other Equity	112075	134506
	Total Equity	119291	141722

1. Liabilities
   Non Current Liabilities

1. Financial Liabilities

	(i) Borrowings	-	-
	(ii) Lease Liability	91	593
	(iii) Trade Payables
	Total Outstanding dues of micro enterprises and	-	-
	small enterprises
	Total Outstanding dues of creditors other than	7502	7863
	micro enterprises and small enterprises
(b) Provisions	4212	4176
(c)	Deferred tax liabilities (net)	18315	25894
		30120	38526
	Current Liabilities
(a)	Financial Liabilities
	(i) Borrowings	214372	212996
	(ii) Lease Liability	547	742
	(iii) Trade payables
	Total Outstanding dues of micro enterprises and	13141	12618
	small enterprises
	Total Outstanding dues of creditors other than	107026	105600
	micro enterprises and small enterprises
	(iii) Other financial liabilities	847	825
(b) Other Current Liabilities	94452	97815
(c) Provisions	698	715
(d)	Current tax liabilities (net)	-	-
		431083	431311
	Total Liabilities	461203	469837

TOTAL EQUITY AND LIABILITIES

580494

611559