KINGFA2022-01-012022-03-31in-bse-fin:OneOperatingExpenses01Member KINGFA2022-01-012022-03-31in-bse-fin:OneOperatingExpenses02Member KINGFA2022-01-012022-03-31in-bse-fin:OneOperatingExpenses03Member KINGFA2022-01-012022-03-31in-bse-fin:FourOperatingExpenses01Member KINGFA2022-01-012022-03-31in-bse-fin:FourOperatingExpenses02Member KINGFA2022-01-012022-03-31in-bse-fin:FourOperatingExpenses03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares KINGFA 2021-04-01 2022-03-31 2022-05-16 INR Lakhs Yearly true Cash Flow Indirect Single segment Reinforced Polypropylene 2022-01-01 2022-03-31 Audited Standalone 3043982000.00 2983000.00 3046965000.00 2553552000.00 177151000.00 -182413000.00 59164000.00 20057000.00 33218000.00 266347000.00 2927076000.00 119889000.00 -64961000.00 54928000.00 17500000.00 -2580000.00 14920000.00 0.00 40008000.00 0.00 0.00 0.00 0.00 40008000.00 -213000.00 39795000.00 0.00 0.00 121105000.00 10 3.30 3.30 0.00 0.00 3.30 3.30 Notes : 3 The above results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 25, 2022. The Statutory auditors of the Company have carried out an audit of the results for the year ended March 31, 2022. 4 The financial statement has been prepared in accordance with Indian Accounting Standards (Ind AS), the provisions of the Companies Act, 2013 (the Act), as applicable and guidelines issued by the Securities and Exchange Board of India (SEBI). 5 The Company manufactures Reinforced Polypropylene which is a single segment in accordance with Ind AS 108 - Operating segment notified pursuant to Companies (Indian Accounting Standards) Rules, 2015. 6 Other expenses includes exchange gain/(loss) as per following. Particulars Quarter Ended Year Ended Mar 31, 2022 Dec 31, 2021 Mar 31, 2021 Mar 31, 2022 March 31, 2021 (Audited) (Unaudited) (Audited) (Audited) (Audited) Foreign exchange gain/ (loss) (467.68) 0.29 (13.26) (765.53) 341.35 7 The Company has evaluated the impact of COVID-19 on the operations of the Company, inventories, property, plant & equipment, current borrowings and trade payables. The management has considered the possible effects, if any, on the carrying amounts of these assets and liabilities up to the date of approval of these results. Based on the information from the internal and external sources; the management estimates to recover the carrying amount of these assets and currently does not anticipate any material impairment. 8 As at March 31, 2022, the company has certain foreign currency trade payables aggregating to Rs.1,478.79 lakhs which are payable to other group companies situated outside India towards goods purchased and certain foreign currency trade receivables aggregating to Rs.156.41 lakhs. These balances are pending for settlement or realisation beyond the time period stipulated as per the FED Master Direction No. 17/2016-17, dated January 01, 2016 (as amended) issued by Reserve Bank of India (RBI) and FED Master Direction No. 16/2015-16 dated January 1, 2016 (as amended) issued by RBI, respectively. The Company is in the process of regularising aforesaid delays for making necessary statutory compliances in respect of aforesaid dues. Pending conclusion of the aforesaid matters, the management believes that the impact, if any, is not ascertainable but expected not to be material to the financial statements. Therefore, no adjustments is required to be made in the financial statements. 9 In respect of inventories as at March 31 2022, the Company has recorded a write down of Rs.2,324.95 lakhs during the year from the cost of such inventories, to reflect the net realizable value thereof. This write down is mainly due to sharp reduction in the market prices of masks and gloves. The aforesaid reduction in these prices in a short period of time is disclosed as an exceptional item considering its nature and size. 10 Figures for financial results for the quarter ended 31 March 2022 as reported in these financial results, are the balancing figures between the audited figures in respect of the full financial year and published year to date figures for nine months period ended 31 December 2021. The figures upto 31 December 2021 had only been reviewed and were not subjected to audit. 11 Previous period's figures have been regrouped / reclassified wherever necessary to correspond with the current period's classification / disclosure. Single segment 2021-04-01 2022-03-31 Audited Standalone 10477130000.00 10839000.00 10487969000.00 9021692000.00 304363000.00 -699211000.00 198522000.00 52881000.00 129650000.00 834137000.00 9842034000.00 645935000.00 -232495000.00 413440000.00 114900000.00 -7794000.00 107106000.00 0.00 306334000.00 0.00 0.00 0.00 0.00 306334000.00 -213000.00 306121000.00 0.00 0.00 121105000.00 10 3724772000.00 25.29 25.29 0.00 0.00 25.29 25.29 Administration expenses 105536000.00 Manufacturing expenses 91074000.00 Selling expenses 69737000.00 Administration expenses 282967000.00 Manufacturing expenses 306129000.00 Selling expenses 245041000.00 48536000.00 -1180406000.00 -798249000.00 0.00 0.00 0.00 0.00 0.00 0.00 1846695000.00 0.00 0.00 0.00 129650000.00 0.00 2091000.00 14255000.00 0.00 4344000.00 47681000.00 0.00 0.00 0.00 2668000.00 0.00 0.00 0.00 0.00 0.00 117265000.00 530705000.00 0.00 0.00 -8139000.00 140023000.00 -126000.00 382417000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 93000.00 189111000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 7707000.00 0.00 0.00 0.00 -181311000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 92388000.00 0.00 12900000.00 0.00 47358000.00 0.00 0.00 -152646000.00 48460000.00 0.00 48460000.00 37366000.00 85826000.00