EMKAY SHARE AND STOCK BROKERS LIMITED
Reg. Office: 4D, 4th Floor, Hamam House,
Ambalal Doshi Marg, Fort, Mumbai - 400 001
AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31ST MARCH, 2007
(Rs. in lacs)
9 Months Ended
31 Dec 06
(Unaudited)		 Quarter Ended
31 Mar 07
(Audited)		 Year ended
31 Mar 07
(Audited)		 Year ended
31 Mar 06
(Audited)		 Particulars
Consolidated

31 Mar 07
(Audited)
31 Mar 06
(Audited)
3875.21 1544.60 5419.81 4600.76 Income from Operations 5661.61 4600.76
384.42 271.80 656.22 153.12 Other Income 748.83 159.43
4259.63 1816.40 6076.03 4753.88 Total Income 6410.44 4760.19
Expenditure
954.11 @ 714.38 1668.49 856.98 a) Personnel Cost 1708.85 856.98
1234.17 634.15 1868.32 1108.12 b) Operating Expenses 1932.97 1108.40
518.13 303.36 821.49 368.79 c) Administrative & Other Expenditure 868.80 375.79
2706.41 1651.89 4358.30 2333.89 Total Expenditure 4510.62 2341.17
1553.22 164.51 1717.73 2419.99 Profit before Interest, Depreciation & Tax 1899.82 2419.02
6.53 6.86 13.39 2.27 Interest & Finance Charges 13.67 2.27
171.78 111.80 283.58 74.47 Depreciation 291.88 74.47
1374.91 45.85 1420.76 2343.25 Profit before tax 1594.27 2342.28
0.00 0.00 0.00 0.00 Add : Prior Period Items 0.00 0.00
Provision for tax
455.00 15.00 470.00 800.00 a) Current Tax 534.35 801.40
1.05 -0.62 0.43 -11.44 b) Deferred Tax 0.26 -13.10
12.25 9.25 21.50 9.11 c) Fringe Benefit Tax 21.77 9.11
0.00 0.12 0.12 0.00 d) Earlier years Income Tax Adjustment 0.12 0.00
468.30 23.75 492.05 797.67 Total 556.50 797.41
906.61 22.10 928.71 1545.58 Profit after tax 1037.77 1544.87
2415.00 2426.58 2426.58 1790.00 Paid-up Equity Capital 2426.58 1790.00
(Face Value of Rs.10/- each)
9265.97 8944.77 8944.77 1860.50 Reserves excluding Revaluation Reserves 9053.13 1864.77
Earnings Per Share for the year to date and for Previous year
3.83 0.09 3.90 8.80 - Basic (Weighted Average) 4.36 8.79
3.78 0.09 3.88 8.80 - Diluted 4.33 8.79
Aggregate of Non-Promoters Shareholding
6,652,000 6,767,750 6,767,750 400,000 - No of Shares 6,767,750 400,000
27.54% 27.89% 27.89% 2.23% - Percentage of Shareholding 27.89% 2.23%
NOTES:

1. The above results for the Year ended 31st March,2007 which have been audited by the Statutory Auditors of the Company,have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 12th May,2007.

2. The Company has deployed the IPO proceeds for Expansion of Branch Network,Setting up of Corporate Office,Technology Development investment in Subsidiaries, Working Capital Requirements and meeting IPO expenses.

3. The Company has published its fourth quarterly results for the first time after the IPO.The corresponding figures of the previous year ended 31st March,2006 are not available and hence not disclosed.

4. The Board has recommended a dividend @ 12.50 % on 24,265,750 equity shares of Rs.10 each.(Previous Year-10%)

5. The Company issued 115,750 equity shares to employees under ESOP Scheme-2005 in February,2007.

6. The activities of the Company relate to only one segment i.e. Broking and related ancillary activities.

7. The Company has expanded its operations by opening new Branches/ Franchisees.The Company now has 178 outlets as against 63 outlets on 31st March, 2006. The number of employees on rolls of Company has increased to 535 as against 189 as on 31st March, 2006. Benefit of these measures will be seen in future quarters.

8. The Information on Investor Complaints / Request pursuant to Clause 41 of the Listing Agreement for the quarter ended 31.03.2007 are as under.
Beginning of the quarter Received Resolved Pending
Nil 25 25 Nil

9. Previous year figures have been regrouped, where necessary.

@ The Personnel Cost for the 4th Quarter includes provision for performance bonus / incentives for the full year.

For and on behalf of the Board of Directors  


Mumbai Krishna Kumar Karwa
Date: 12th May, 2007 Managing Director