DATE: 23.06.2020

To,

Depadment of CorDorate Services

BSE Limited,

Phiroze Jeejeebhoy Towers

Dalal Street

Mumbai-400 001

Scrip Namei CAPTAIN PIPES tTD. Scrip No.:538817

SUB: OUTCOME OF BOARD MEETING

Dear Sir/Madam,

Pursuant to Regulation 33 of SEBI LODR, 2015, the Standalone audited Financial Results for half vearand year ended on 31.03.2020 are enclosed herewith

- , The above financial results have been dulyapproved by board ofdirectorsat its meeting herd

today at the registered office of the company.

This is for vour records and information.

| ' \\:!GOPAL KHICHADIA'..

(MANAGING

DIN NO,:00127947

Encl: Copy of Financial Results

CAPTAIN PIPES LTD.Regd. Office & Works : Survey No. 257, Plot No. 23 to 28, N.H. N0. 27, SHAPAR (Veraval)

Dist. Rajkot (Gujamt) lNDlA. Phone . +91 2827-252410, lilobile : +91 99090 29066

website : www.captainpipes.com I e-riail : info@captainpipes.com

ClN. : 125191 GJ2010P1C059094

FOR,

Mfg. of: uPVC Column Pipe, Pressure Pipe, Agri Fittings, Casing Pipe, UPVC / CPVC Plumbing Pipe & Fittings, SWR Pipe & Fittings, HDPE Pipe

CAPTAIN PIPES LTD.Regd. otfice & Works : Survey No. 257, Plot No. 23 to 28, N.H. No. 27, SHAPAR (Vefaval)

Dist. Rajkot (Gujarat) lNDlA. Phone . +91 2827-252410, l\4obile : +91 99090 29066

website : www.captainpipes.com I e-mail : info@captainpipes.comClN. : 125191GJ2010P1C059094

Statoment ot Auditod Flnanclal Result tor ths halt ysar and year ended 31st March, 2020

c) Change in invenlories of finished goods, Work-in-

Paid-up equity share capital

i. EPS for the period / Year

The above results have been reviewed by the audit committee ofthe Board and taken on record at lhe meeting ot the Board of Directors hetd on23rd June, 2020

The stalus of investor complaints received by thePending at slart of lhe quarler as on Jan 1, 2020 : NILReceived during the quarter from Jan 1, 2020 to March 31, 220 : NILDisposed during the quarter from Jan 1, 2020 to March 31, 2020 | NtLPending as on March 31, 2020 | NIL r

The oulbreak of corona vkus (Covid-19) pandemic globally and in India is causing signilicant dislurbance and slowdown ot economic activitiy. Thecompany is inlo the business of "Manufacturing and selling of U PVC Pipes and fittings". lhe company has evalualed impact ol this pandemic onits business operations. Based on the review and current indicators oftulure economic conditions, as on curent date, the Company has concludedlhat lhe impacl of Covid-1g is not malerial based on these estimates. Due to the nature of pandemic, the Company will continue to monitordevelopmenls to identify significant uncertainties in future periods, if any.

Segmenl reporting as per AS-17 is not applicable as Company operates only in one segment i.e Manufacturing and selling of U PVC Pipes andfittings

The Figures ofthe Previous Years have been rcgrouped / re-arranged wherever considered necessary, lo make them comparable.

Place I RajkotDated : 23rd June, 2020

For,

Mfg. of: UPVC Column Pipe, Pressure Pipe, Agri Fittings, Casing Pipe, uPVC / CPVC Plumbing Pipe & Fittings, SWR Pipe & Fittings, HDPE Pipe

CAPTAIN PIPES LTD.Regd. office & Works : Survey No. 257, Plot No. 23 to 28, N.H. No. 27, SHAPAR (Veraval)

Disi. Rajkot (Gujarat) lNDlA. Phone : +91 2827-252410, Mobile : +91 99090 29066

!vebsite : www.captainpipes.com I e-mail : inf0@captainpipes.comClN. : 125191GJ2010P1C059094

Statement of Assets & Liabilities as at 31st March,.2020

in Lacs

ParticularsYear Ended Year Ended

31st March,2020 31st March.2019Audited \udited

AI EQUITY & LIABILITIES

L Shareholders' Funds(a) Share Capital 415.86 415.86(b) Reserves and Surplus 465.64 427 .28Sub-Total Shareholders Fund 881.50 843.142. Non-Current Liabilitesa) Long{erm Borrowings 200.98 179.46

(b) Deferred Tax Liabilities 10.67 4.17c) Long{erm Provisions 16.91 ,IA ??

Sub-Total Non-Current Liabilites 228.57 198.97

3. Current Liabilitiesa) Short-term Borrowitlgs Y.OZ 214.37b) Trade Pavables

Total Outltanding Dues of Micro Enterprises & SmalltsnlerDnses 387.18 518.58Total Outstanding Dues of Cretitors other than MicroEnterprises & Small Enterprises 918.75 906.58

c) Other current Liabilities 270.55 zcY_oJd) Short{erm Provisions 18.25 zc.zoSub-Total Current Liabilities 1,604.36 1,924.41

TOTAL EQUITY & LIABILITIES 2,7'14.43 2,966.5,1

rBI ASSETS

1, Non-current Assetsa) Fixed Assets

Tangible Assets 862.00 933.36Sub-total - Fixed Assets 862.00 933.36

(b) Non-current Investments 80.00 80.60(c) Deferred tax assets (net)(d) Long-term loans and advances 26.43 30,23(e) Other non-current assets 26.64 15.37Sub.Total-Non Current Assets 99s.66 1,059.55

2, Current Assets(a) Inventories 1.054.17 1.168.89(b) Trade receivables 525.79 632,22(c) Cash & cash equivalents 9.47 21.27(d) Short-term loans and advances 121 .02 78.51(e) Other current assets 8.31 6.07Sub-Total- Current Assets 1,718.77 1,906.96

TOTAL ASSETS 2,714.43 2,966.51

Mfg. of : UPVC Column Pipe, Pressure Pipe, Agri Fittings, Casing Pipe, uPVC / CPVC Plumbing Pipe & Fittings, SWR Pipe & Fittings, HDPE Pipe

Statement of Asseb & Liabilities as at 31st March, 2020

Notes'I The above results have been reviewed by the audit committee of the Board and taken on record at the

meeting ofthe Board of Directors held on 23rd June, 2020

2 The status of investor compldints received by the Company is as follows:Pending at start of the quarter as on Jan 1, 2020 : NILReceived during the quarter from Jan 1, 2020 to March 31,220: NILDisposed during the quarter from Jan 1, 2020 to March 31, 2020 : NILPending as on March 31, 2020 : NIL

3 The outbreak of corona virus (Covid-19) pandemic globally and in India is causing iignificant disturbanceand slowdown of economic activitiy. The company is into the business of "Manufacturing and selling of UPVC Pipes and fittings". The company has evaluated impact of this pandemic on its business operations.Based on the review and current indicalors of future economic conditions, as on current date, theCompany has concluded that the impact of Covid-19 is not material based on these estimates. Due to thenature of pandemic, the Company will continue to monitor developments to identify significantuncertainties in future periods, if any.

3 Segment reporting as per AS-17 is not applicable as Company operates only in one segment i.eManufacturing and selling of U PVC Pipes and fittings

4 The Figures of the Previous Years have been regrouped / re-arranged wherever considered necessary, tomake them comDarable.

(Gopal D.

DtN - 00127947

Place : RajkotDated : 23rd June, 2020

CAPTAIN PIPES LTD.Regd. office & Works : Survey No. 257, Plot N0. 23 to 28, N.H. No. 27, SHAPAR (Veraval)

Dist. Rajkot (Gularat) lNDlA, Phone | +91 2827-252410, l\.,lobile : +91 99090 29066

website : www.caplainpipes.com I e-mail : info@captainpipes.comClN. : 12519'1GJ2010P1C059094

Mfg. of : uPVC Column Pipe, Pressure Pipe, Agri Fittings, Casing Pipe, uPVC / CPVC Plumbing Pipe & Fittings, SWR Pipe & Fittings, HDPE Pipe

CAPTAIN PIPES LTD.Regd. office & Works : Survey No. 257, Plol N0. 23 to 28, N.H. No. 27, SHAPAR (Veraval)

Dist. Rajkot (Gujaral) lNDlA. Phone | +91 2827-252410, Mobile : +91 99090 29066

websile : www.captainpipes.com I e-mail : info@captainpipes.comClN. : 125191GJ2010P1C059094

Cash Flow Statement For The Yar Ended 31st March, 2020ln

PARTICULARS For the Year3l.March-20.

Rs.(Audlted)

For the Ysar3't -Ma rc h.1 L

Rs.(Auditedl

B

Gash Flow trom Operatlng ActlvltyProfit before taxAdd: Non Cash and Non Ooeratino llems

Depreciation Expenseslnterest ReceivedFinance Cost

Openting profit betore working capltal changesAdjuslment for:

(lncrease) / Decrease in Inventory(lncrease) / Decrease in Trade Receivables(lncrease) / Decrease in Loans and AdvancesIncrease / (Decrease) in Current & Non Current Liabilities and provisions(lncrease) / Oecrease in Other Current Assets

Cash Cenetated lrom OpsrationTaxes paid

Net Cash Flow frcm Operating Activw

Cash Flow from Investing Activity(lncrease)/ Decrease in Property, Plant & Equipments (net)(lncrease) / Decrease in Other Non Current AssetsInterest Received

Net Cash Flow frcm lnvesting Activities

Cash Flow from Financlng Activltylncrease / (Decrease) in Long Term Borrowingslncrease / (Decrease) in Short Term BorrowingsFinance Cost

Net Caah Flow lrcm Flnancing Activities

Net Increase / (Decrease) in Cash and Cash Equivalents

Openlng Balance of Cash and Cash Equivalents

Closing Balance ot Cash and Cash Equlvalents

44.87

88.92(2.33)

146.52

39.27

87.77(3.8s)

163.42277.98

114.72't06.43(38.94)

(113.29)(2.24\

286.62

234 107.44

11.07(213.58)

{0.09)344.66

o.22)325.57

(7.99)

344.44

(17.56)

\11.27)233

317,58

(62.64)19.183.85

(26.49 (39.61

2 t.52(204.75)(146.521

(132.77)(44.82)-

(163.42)(329.7 (341.01

.80)

21.27

(11 (63,04)

84.32

9.47 21.27

Components of Cash and Cash Equivalents Year Ended31-March.20,

Rs.

Year Ended3'l-March.l9.

KS.Cash on hand & Equlvalants

- Cash on handBalances with Scheduled Banks

- ln Current Accounls

9.04

043

10.4'l

10.E79.47 21.27

Nole:The above Cash Flow Statement has been prepared under the "lndirecl Method" as sel out in the AccountinoStandard - gon "Cash Flow Statement" issued bv lCAl.

Managing Oi,ector.DIN - 00127947r'

Place r Rajkot

Daled | 23rd June, 2020

l\,4f9. of : uPVC Column Pipe, Pressure Pipe, Agri Fittings, Casing Pipe, UPVC / CPVC Plumbing Pipe & Fittings, SWR Pipe & Fittings, HDPE Pipe