395300

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RECKITT BENCKISER (INDIA) LIMITEDStandalone Balance Sheet for period 01/04/2013 to 31/03/2014

[400100] Disclosure of general information about company

Unless otherwise specified, all monetary values are in Lakhs of INR

01/04/2013

to

31/03/2014

01/04/2012

to

31/03/2013

Name of companyRECKITT BENCKISER(INDIA) LIMITED

Corporate identity number U74999DL1951PLC127062

Permanent account number of entity AABCR2655Q

Address of registered office of company227 OKHLA INDUSTRIALESTATEPHASE III.NewDelhi.Delhi 110020

Type of industryC o m m e r c i a l a n dIndustrial

Date of board meeting when final accounts were approved 06/09/2014

Period covered by financial statements 12 months 12 months

Date of start of reporting period 01/04/2013 01/04/2012

Date of end of reporting period 31/03/2014 31/03/2013

Nature of report standalone consolidated Standalone

Content of report Balance Sheet

Description of presentation currency INR

Level of rounding used in financial statements Lakhs

Type of cash flow statement Indirect Method

[400400] Disclosures - Directors report

Details of directors signing board report [Table] ..(1)

Unless otherwise specified, all monetary values are in Lakhs of INRDirectors signing board report [Axis] Director 1 Director 2

01/04/2013

to

31/03/2014

01/04/2013

to

31/03/2014

Details of signatories of board report [Abstract]

Details of directors signing board report [LineItems]

Name of director signing board report [Abstract]

First name of director Nitish Gopal

Last name of director Kapoor Mishra

Designation of director Managing Director Executive Director

Director identification number of director 06767690 06418731

Date of signing board report 06/09/2014 06/09/2014


01/04/2013

to

31/03/2014

Disclosure in board of directors report explanatory [TextBlock]Textual information (1)[See below]

Details regarding energy conservationTextual information (2)[See below]

Details regarding technology absorptionTextual information (3)[See below]

Details regarding foreign exchange earnings and outgoTextual information (4)

[See below]

Particulars of employees as per provisions of section 217Textual information (5)[See below]

Textual information (6)

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RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014


Disclosure in board of directors report explanatory [Text Block]

DIRECTORS REPORT

The Directors present the Annual Report together with the statement of accounts for the 12 Month financial year ended 31 March 2014:st

Gross Revenue from Operations 405,255.30 363,263.71

Less: Excise Duty (4,924.14) (3,730.77)

Net Revenue Operations 400,331.16 359,532.94

Other Income 10,757.84 9,264.50

Total Income 411,089.00 368,797.44

Expenditure 317,288.86 309,342.86

Profit before tax 93,800.14 59,454.58

Less: Provision for Taxation (19,887.63) (13,161.51)

Profit after tax 73,912.51 46,293.07

Profit Brought Forward 91,994.69 53,337.90

Total Profits available for appropriation 165,907.20 99,630.97Interim Dividend - 2,587.25

Final Dividend - -

Dividend Distribution Tax - 419.72

Transfer to General Reserve - 4,629.31

Balance as at the end of the year 165,907.20 91,994.69

Performance

The trend of delivering consistent growth continues. The net revenue from operations of the Company for the year ended 31 March 2014 stoodst

at Rs.400,331.16 lakhs. The profits have increased at a good rate as compared to the previous year. The profit before tax for the year 2013-14stood at Rs. 93,800.14 lakhs and the profit after tax was Rs.73,912.51 lakhs.

Dividend

The Company has not declared any dividend for the year ended March 31, 2014

Reserves and Provisions

During the period under review, the Company did not transfer any amount to General Reserves. The balance carried forward at the end of yearwas Rs. 165,907.20 lakhs.

Export Performance

In the year 2013-14, the Company?s F.O.B. value of exports stood at Rs. 2862.46 lakhs.

Audit Committee

The Audit Committee of the Board of Directors of the Company comprises of the following members:

Mr. Chander Mohan Sethi ? Chairman

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Mr. Parag Agarwal? Member

Ms. Ariadna Granena - Member

Directors

The Board of Directors, in its meeting held on November 04, 2013 appointed Mr. Rajesh Kumar Jha and Mr. Sreenivasrao Nandigam asAdditional Directors. Further, subject to the approval of shareholders, Mr. Rajesh Kumar Jha and Mr. Sreenivasrao Nandigam were alsoappointed as Wholetime Directors of the Company liable to retire by rotation for a period of 5 years w.e.f. November 04, 2013.

Mr. Jose Joaquin Camero Gonzalez resigned w.e.f 12 December 2013. Accordingly, Ms. Ariadna Granena Aracil ceased to be a alternateth

director of Mr. Jose Joaquin Camero Gonzalez and was appointed as Additional Director w.e.f December 12, 2013.

Further, Mr. Akhil Chandra, Managing Director and Mr. Pradeep Krishnamurthi, Wholetime Director resigned w.e.f. December 31, 2013 andSeptember 06, 2014 respectively.

The Board of Directors, in its meeting held on January 03, 2014 appointed Mr. Nitish Kapoor as Additional Director. Further, subject to approval

of shareholders, Mr. Nitish Kapoor was also appointed as Managing Director of the Company not liable to retire by rotation for a period of 5years w.e.f. January 03, 2014.

The Board place on record its deep sense of appreciation for the guidance and invaluable contribution made by Mr. Akhil Chandra, Mr. PradeepKrishnamurthi and Mr. R during their tenure as Managing Director

Mr. Chander Mohan Sethi, Wholetime Director and Mr. Gopal Mishra, Whole-time Director & CFO, retire by rotation and being eligible, offersthemselves for reappointment at the ensuing Annual General Meeting.

Subsidiary Company

Particulars of M/s. Reckitt Piramal Private Limited, a subsidiary of the Company as required under Section 212 of the Companies Act, 1956 areattached and form part of this report.

Details of Energy Conservation, Technology & Foreign Exchange

Details of conservation of energy, technology absorption, foreign exchange earnings and outgo as required to be made pursuant to clause (e) ofsub-section (1) of Section 217 of the Companies Act, 1956 read with the Companies (Disclosure of Particulars in the Report of Board of

Directors) Rules, 1988 are given in to this Report.Annexure I

Particulars of Employees

Information in accordance with Sub-Section (2A) of Section 217 of the Companies Act, 1956 read with the Companies (Particulars of Employees)Rules, 1975 for the year ended 31 March 2014, forms part of this report and is given in .st Annexure II

Auditors? Certificate on compliance with FDI norms

Pursuant to Reserve Bank of India Circular Ref. RBI / 2013-2014 / 117 A.P. (DIR Series) Circular No. 1 dated July 4, 2013, the Company hasduly obtained a certificate from the statutory auditors as required to be obtained on annual basis wherein the statutory auditors have certified thatthe Company is in compliance with the regulations as regards downstream Investment and other related FEMA provisions.

Statutory Auditors

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Price Waterhouse having firm registration no. 012754N Chartered Accountants who are the statutory auditors of the Company hold office, inaccordance with the provisions of the Companies Act, 1956, upto the conclusion of the forthcoming Annual General Meeting.

Further, Price Waterhouse, Chartered Accountants have converted itself into a Limited Liability Partnership and has received a certificate of

registration on 25 July 2014 for conversion from Price Waterhouse, Chartered Accountants to Price Waterhouse Chartered Acccountants LLPth

(Revised Firm Registration Number stands as 012754N/N500016).

The Audit Committee and Board of Directors of the Company recommend appointment of Price Waterhouse Chartered Accountants LLP(Revised Firm Registration Number stands as 012754N/N500016) to act as statutory auditor from the conclusion of ensuing Annual GeneralMeeting until the conclusion of the next Annual General Meeting of the Company to be held in the year 2015 and to fix their remuneration for thefinancial year ending 31st March, 2015.

Price Waterhouse Chartered Accountants LLP (FRN 012754N/N500016) being eligible, offer themselves for re-appointment.

Cost Auditors

Your Company had appointed Vijender Sharma & Co., Cost Accountants, New Delhi as Cost Auditor with the approval of the CentralGovernment for audit of Cost records for the financial year ended March 31, 2013.

The due date for filing the Cost Audit Reports in XBRL mode for the financial year ended March 31, 2013 was September 28, 2013 and the CostAudit Report was filed by the Cost Auditor on September 27, 2013.

In respect of financial year ended March 31, 2014, your Company, with the approval of the Central Government, has appointed Vijender Sharma& Co., Cost Accountants, New Delhi as Cost Auditor for cost audit of cost records as applicable to the Company. The due date for filing the CostAudit Report for the financial year ended March 31, 2014 is September 28, 2014.

Directors Responsibility Statement

Pursuant to provisions of sub-section (2AA) of Section 217 of the Companies Act, 1956, your Directors confirm that:

i) In the preparation of the Annual Accounts, the applicable accounting standards have been followed and wherever required, proper explanationsrelating to material departures have been given.

ii) They have selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudentso as to give a true and fair view of the state of affairs of the Company at the end of the financial year and of the profit or loss of the Company forthat period.

iii) They have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Act

for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities.

iv) They have prepared the accounts on a going concern basis.

Human Resources

Training programs for employees at all levels were organized during the year to achieve all round development.

As for protection against Sexual Harassment, the Company has a sexual harassment policy in which it has formalised a free and fair enquiryprocess. Further, there was no case of Sexual Harassment filed during the year under review.

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Acknowledgements

Your Directors would like to express their appreciation for assistance and co-operation received from the financial institutions, banks,Government authorities, customers, suppliers and members during the year under review.

Your Directors also wish to place on record their deep sense of appreciation for the committed services by the employees of the Company.

On behalf of the Board

Sd/- Sd/-

Nitish Kapoor Gopal Mishra

Managing Director Executive Director & CFO

Registered Office:

227, Okhla Industrial Estate,

Phase III, Okhla,

New Delhi ? 110 020.

Dated: September 06, 2014

Place: Gurgaon

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ANNEXURE I TO DIRECTORS? REPORT

Report on Conservation of Energy, Technology Absorption, Foreign Exchange Earnings and Outgo [Section 217(1))(e) of the Companies

Act, 1956]

1. A. CONSERVATION OF ENERGY

a) There has been a reduction in the consumption of energy due to optimising the utilization of the( Energy Conservation measures taken:equipments. The Bio Mass Boiler, VFD Panel and other equipments leads to better utilization of resources and energy conservation thereon.

(b) There has been a substantial decrease in consumption of Furnace Oil. Moreover, energy conservationImpact of the above measures:measures is an on-going process, which is undertaken in all the units.

(c) Total Energy Consumption and energy consumption per unit of production is as under:

S.No. Particulars 2013-14 2012-13

1 Power and Fuel Consumption

Electricity:

Purchased :

Unit (Lakhs) 192.8 183

Total Amount (Rs./Lakhs) 918.7 819

Rate/Unit (Rs) 4.8 4.48

Own Generation

Through Diesel Generator :

Units (Lakhs) 15.6 26.30

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Units per litre of Diesel Oil 3.2 3.3

Cost/Unit (Rs.) 15.7 13.3

2 Furnace Oil:

Quantity (Kiloliters) 157 19

Total amount (Rs.Lakhs) 74 8

Average Rate (Rs/Litre) 47.13

40.9

3 LDO :

Quantity (Kiloliters) - 72

Total amount (Rs.Lakhs) - 34

Average Rate (Rs/Litre) - 47

3 BRIQUETTES

Quantity (Tonnes) 11,398 10,012

Total Cost (Rs. Lakhs) 634 504

Average Rate (Rs./ Kg) 6 5.0

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Consumption per unit of production

S.No. Particulars 2013-14 2012-13

1 Electricity (Units)

Drugs 516 894

Pharmaceuticals 159 121

Insecticides - 289

Robin Powder - 28

2 Furnace Oil (Litres)

Drugs - -

Pharmaceuticals - -

Insecticides - 0.6

Others-LDO ( Litres/MT) - 3.2

3

BRIQUETTES (Kg/MT)

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Drugs

949.51887

Pharmaceuticals

- -

Insecticides - 405

B. TECHNOLOGY ABSORPTION:

a. Research and Development (R&D)

1. Specific areas in which R&D was carried out by the Company:

The scientific Service group in India is responsible for development and launch of personal care and home care products for the Indian market.

The R&D (Healthcare) in India is responsible for development and launch of Healthcare products for the Indian & global market.

The technology developed by the global category R&D is being transferred to company?s Scientific Services group and will be modifiedaccording to Indian consumer needs.

2. Benefits derived as a result of the above R&D initiatives:

a) Product innovation and new product launches

b) Cost optimization using local raw materials

c) Better claims

d) Formula optimization to suit Indian conditions, consumer habits and aspiration.

e) Substitution of imported raw materials with indigenous raw materials.

f) Packaging design optimization.

g) Delivering quality products

3. Future plan of action:

The Global R&D would continue to share knowledge and its benefits would be available on continuous basis confirming to the best of theinternational standards. Some of the initiatives would be:

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a) To enhance the process efficiency

b) To introduce new products and improve packaging

c) Process improvement in the manufacturing facility with improved technologies.

d) Replacement of raw material for improved safety of consumers and the environment.

e) Replacement of ingredients by safe ingredients as per the WHO guidelines.

f) Development of formulae and products for meeting the specific needs of the developing markets.

g) Improved product designs for reducing carbon emissions.

h) Consumer friendly delivery mechanism with better technology.

4. Expenditure on R&D:

Capital : Rs 72.30 Lakhs

Recurring: Rs 846.04 Lakhs

Total : Rs. 918.34

Total R & D Expenditure ? 0.23 % approx as percentage of turnover

b. Technology absorption, adaptation and innovation:

1. Efforts in brief, made towards technology absorption, adaptation and innovation:

Scientific service group and R & D (Healthcare) in India is working closely with different global categories to bring new technology, new productformat, better claims.

The efforts have been made to reduce the carbon emission through process changes. Many global products are made locally using the globaltechnology. Local raw materials and packaging have been developed to meet the same standards in terms of quality, safety andperformance.Technology for the Airwick gel, Harpic with bleach is being taken from UK and USA respectively and has been manufactured inUttarakhand successfully.

2. Benefits derived as a result of the above:

Efforts from Research & Development and Scientific Services Group have yielded following benefits:

a) Substitution of imported raw materials with indigenous ones which helps to develop Indian raw material and packaging industry.

b) Improved product quality and safety which meets global standards

c) Developing products which will be cheaper than imported products.

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d) Quicker technology absorption and transfer from global R&D labs.

e) Smooth transition of technologies and processes from pilot plants to factories for commercial production.

f) Improved performance by way of better shelf life and product stability in local conditions.

g) Acceptance of products by consumers based on their expectations in terms of performance and value for money.

3. Details of imported technology:

The Company continues to bring in imported technologies for development of products in various categories.

C. FOREIGN EXCHANGE EARNINGS AND OUTGO

The foreign exchange earnings of the Company amounted to Rs. 10,308.35 Lakhs during the period under review, whereas, the outgo was Rs.31,037.48 Lakhs mainly on account of raw and Packing Materials, Royalty, travelling expenses.


Details regarding energy conservation(a) Energy Conservation measures taken: There has been a reduction in the consumption of energy due to optimising the utilization of theequipments. The Bio Mass Boiler, VFD Panel and other equipments leads to better utilization of resources and energy conservation thereon. (b)Impact of the above measures: There has been a substantial decrease in consumption of Furnace Oil. Moreover, energy conservation measures isan on-going process, which is undertaken in all the units. (c) Total Energy Consumption and energy consumption per unit of production is asunder: S.No. Particulars 2013-14 2012-13 1 Power and Fuel Consumption Electricity: Purchased : Unit (Lakhs) 192.8 183 Total Amount(Rs./Lakhs) 918.7 819 Rate/Unit (Rs) 4.8 4.48 Own Generation Through Diesel Generator : Units (Lakhs) 15.6 26.30 Units per litre of Diesel Oil

3.2 3.3 Cost/Unit (Rs.) 15.7 13.3 2 Furnace Oil: Quantity (Kiloliters) 157 19 Total amount (Rs.Lakhs) 74 8 Average Rate (Rs/Litre) 47.13 40.9 3LDO : Quantity (Kiloliters) - 72 Total amount (Rs.Lakhs) - 34 Average Rate (Rs/Litre) - 47 3 BRIQUETTES Quantity (Tonnes) 11,398 10,012Total Cost (Rs. Lakhs) 634 504 Average Rate (Rs./ Kg) 6 5.0 Consumption per unit of production S.No. Particulars 2013-14 2012-13 1 Electricity(Units) Drugs 516 894 Pharmaceuticals 159 121 Insecticides - 289 Robin Powder - 28 2 Furnace Oil (Litres) Drugs - - Pharmaceuticals - -Insecticides - 0.6 Others-LDO ( Litres/MT) - 3.2 3 BRIQUETTES (Kg/MT) Drugs 949.51 887 Pharmaceuticals - - Insecticides - 405

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Details regarding technology absorptiona. Research and Development (R&D) 1. Specific areas in which R&D was carried out by the Company: The scientific Service group in India isresponsible for development and launch of personal care and home care products for the Indian market. The R&D (Healthcare) in India isresponsible for development and launch of Healthcare products for the Indian & global market. The technology developed by the global categoryR&D is being transferred to company?s Scientific Services group and will be modified according to Indian consumer needs. 2. Benefits derived

as a result of the above R&D initiatives: a) Product innovation and new product launches b) Cost optimization using local raw materials c) Betterclaims d) Formula optimization to suit Indian conditions, consumer habits and aspiration. e) Substitution of imported raw materials withindigenous raw materials. f) Packaging design optimization. g) Delivering quality products 3. Future plan of action: The Global R&D wouldcontinue to share knowledge and its benefits would be available on continuous basis confirming to the best of the international standards. Some ofthe initiatives would be: a) To enhance the process efficiency b) To introduce new products and improve packaging c) Process improvement inthe manufacturing facility with improved technologies. d) Replacement of raw material for improved safety of consumers and the environment. e)Replacement of ingredients by safe ingredients as per the WHO guidelines. f) Development of formulae and products for meeting the specificneeds of the developing markets. g) Improved product designs for reducing carbon emissions. h) Consumer friendly delivery mechanism withbetter technology. 4. Expenditure on R&D: Capital : Rs 72.30 Lakhs Recurring: Rs 846.04 Lakhs Total : Rs. 918.34 Total R & D Expenditure 0.23 % approx as percentage of turnover b. Technology absorption, adaptation and innovation: 1. Efforts in brief, made towards technologyabsorption, adaptation and innovation: Scientific service group and R & D (Healthcare) in India is working closely with different globalcategories to bring new technology, new product format, better claims. The efforts have been made to reduce the carbon emission through processchanges. Many global products are made locally using the global technology. Local raw materials and packaging have been developed to meet thesame standards in terms of quality, safety and performance.Technology for the Airwick gel, Harpic with bleach is being taken from UK and USArespectively and has been manufactured in Uttarakhand successfully. 2. Benefits derived as a result of the above: Efforts from Research &Development and Scientific Services Group have yielded following benefits: a) Substitution of imported raw materials with indigenous oneswhich helps to develop Indian raw material and packaging industry. b) Improved product quality and safety which meets global standards c)Developing products which will be cheaper than imported products. d) Quicker technology absorption and transfer from global R&D labs. e)Smooth transition of technologies and processes from pilot plants to factories for commercial production. f) Improved performance by way ofbetter shelf life and product stability in local conditions. g) Acceptance of products by consumers based on their expectations in terms ofperformance and value for money. 3. Details of imported technology: The Company continues to bring in imported technologies for developmentof products in various categories.


Details regarding foreign exchange earnings and outgoThe foreign exchange earnings of the Company amounted to Rs. 10,308.35 Lakhs during the period under review, whereas, the outgo was Rs.31,037.48 Lakhs mainly on account of raw and Packing Materials, Royalty, travelling expenses.


Particulars of employees as per provisions of section 217Information in accordance with Sub-Section (2A) of Section 217 of the Companies Act, 1956 read with the Companies (Particulars of Employees)Rules, 1975 for the year ended 31st March 2014, forms part of this report and is given in Annexure II.


Disclosures in director?s responsibility statement

Pursuant to provisions of sub-section (2AA) of Section 217 of the Companies Act, 1956, your Directors confirm that: i) In the preparation of theAnnual Accounts, the applicable accounting standards have been followed and wherever required, proper explanations relating to materialdepartures have been given. ii) They have selected such accounting policies and applied them consistently and made judgments and estimates thatare reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the end of the financial year and of the profitor loss of the Company for that period. iii) They have taken proper and sufficient care for the maintenance of adequate accounting records inaccordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting fraud and otherirregularities. iv) They have prepared the accounts on a going concern basis.

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[400200] Disclosures - Auditors report

Details regarding auditors [Table] ..(1)

Unless otherwise specified, all monetary values are in Lakhs of INRAuditors [Axis] Auditor 1

01/04/2013

to31/03/2014

Details regarding auditors [Abstract]

Details regarding auditors [LineItems]

Category of auditor Auditors firm

Name of audit firmPrice WaterhouseChar teredAccountants LLP

Name of auditor signing reportGUPTA CHARANSEWAK

Firms registration number of audit firm 012754N

Membership number of auditor 093044

Address of auditors

Price Waterhouse,Building 8, 7Th &8th floor Tower B,DLF Cyber city,

Gurgaon, Haryana,122002

Permanent account number of auditor or auditor's firm AAFFP3698A

SRN of form 23B S26092833

Date of signing audit report by auditors 06/09/2014

Date of signing of balance sheet by auditors 06/09/2014

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Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Table] ..(1)


Auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Axis]

Auditor's

favourable remark

[Member]

Clause not

applicable

[Member]

01/04/2013

to

31/03/2014

01/04/2013

to

31/03/2014

Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) inauditors' report [Abstract]

Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) inauditors' report [LineItems]

Disclosure in auditors report relating to fixed assetsTextual information(7) [See below]

Disclosure relating to quantitative details of fixed assets

(a) The Company ismaintaining properrecords showing fullparticulars, includingquantitative detailsand situation, offixed assets.

Disclosure relating to physical verification and material discrepancies of fixedassets

Textual information(8) [See below]

Disclosure relating to fixed assets disposed off

(c) In our opinion,and according to theinformation and

explanations givento us, a substantialpart of fixed assetshas not beendisposed off by theCompany during theyear.

Disclosure in auditors report relating to inventoriesTextual information(9) [See below]

Disclosure of physical verification of inventories at fixed intervals

(a) The inventory[excluding goods intransit] has beenphysically verifiedby the Managementduring the year. Inour opinion, thefrequency ofverification is

reasonable.

Disclosure of procedure followed for physical verification of inventories

(b) In our opinion,the procedures ofphysical verificationof inventoryfollowed by theManagement arereasonable andadequate in relationto the size of theCompany and thenature of itsbusiness.

Disclosure about maintenance of inventory records and material discrepanciesTextual information(10) [See below]

Disclosure in auditors report relating to loansTextual information(11) [See below]

Disclosure in auditors report relating to internal control system Textual information(12) [See below]

Disclosure in auditors report relating to contracts and arrangements undersection 301 of companies act


Disclosure relating to presence of register for necessary transactionsTextual information(14) [See below]

Disclosure relating to reasonability of transactionsTextual information(15) [See below]

Disclosure in auditors report relating to deposits accepted from public

The Company hasnot accepted anydeposits from thepublic within themeaning of Sections58A and 58AA ofthe Act and the rulesframed there under.

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Disclosure in auditors report relating to companies internal audit system

vii. In our opinion,the Company has aninternal audit systemcommensurate withits size and thenature of itsbusiness.

Disclosure in auditors report relating to maintenance of cost recordsTextual information(16) [See below]

Disclosure in auditors report relating to statutory duesTextual information(17) [See below]

Disclosure relating to regularity in payment of undisputed statutory duesTextual information(18) [See below]

Disclosure relating to disputed statutory duesTextual information(19) [See below]

Disclosure in auditors report relating to accumulated lossesTextual information(20) [See below]

Disclosure in auditors report relating to default in repayment of financial duesTextual information(21) [See below]

Disclosure in auditors report relating to loans and advances granted by wayof pledge of shares debentures and other securities


Disclosure in auditors report relating to provisions under special statuteTextual information(23) [See below]

Disclosure in auditors report relating to adequacy of records maintained by sharetrading companies


Disclosure in auditors report relating to guarantee givenTextual information(25) [See below]

Disclosure in auditors report relating to term loans used for purpose other thanfor purpose they were raised

The Company hasnot raised any termloans. Accordingly,the provisions ofClause 4(xvi) of theOrder are notapplicable to theCompany.

Disclosure in auditors report relating to nature and amount of fund raisedfor short-term has been used for long-term or vice versa


Disclosure in auditors report relating to preferential allotment of sharesTextual information(27) [See below]

Disclosure in auditors report relating to securities created against debenturesissued


Disclosure in auditors report relating to purpose and end use of money raisedthrough public issues

The Company hasnot raised anymoney by publicissues during theyear. Accordingly,the provisions ofClause 4(xx) of theOrder are notapplicable to theCompany.

Disclosure in auditors report relating to any material fraud reported during periodTextual information(29) [See below]


01/04/2013

to

31/03/2014

Disclosure in auditor?s report explanatory [TextBlock]Textual information (30)[See below]

Whether companies auditors report order is applicable on company Yes

Whether auditors' report has been qualified or has any reservations or

contains adverse remarks No


Disclosure in auditors report relating to fixed assets(a) The Company is maintaining proper records showing full particulars, including quantitative details and situation, of fixed assets. (b) The fixedassets are physically verified by the Management according to a phased programme designed to cover all the items over a period of two yearswhich, in our opinion, is reasonable having regard to the size of the Company and the nature of its assets. Pursuant to the programme, a portion ofthe fixed assets has been physically verified by the Management during the year and no material discrepancies have been noticed on suchverification. (c) In our opinion, and according to the information and explanations given to us, a substantial part of fixed assets has not beendisposed off by the Company during the year.

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Disclosure relating to physical verification and material discrepancies of fixed assets(b) The fixed assets are physically verified by the Management according to a phased programme designed to cover all the items over a period oftwo years which, in our opinion, is reasonable having regard to the size of the Company and the nature of its assets. Pursuant to the programme, aportion of the fixed assets has been physically verified by the Management during the year and no material discrepancies have been noticed onsuch verification.


Disclosure in auditors report relating to inventories(a) The inventory [excluding goods in transit] has been physically verified by the Management during the year. In our opinion, the frequency ofverification is reasonable. (b) In our opinion, the procedures of physical verification of inventory followed by the Management are reasonable andadequate in relation to the size of the Company and the nature of its business. (c) On the basis of our examination of the inventory records, in ouropinion, the Company is maintaining proper records of inventory. The discrepancies noticed on physical verification of inventory as compared tobook records were not material.


Disclosure about maintenance of inventory records and material discrepancies(c) On the basis of our examination of the inventory records, in our opinion, the Company is maintaining proper records of inventory. Thediscrepancies noticed on physical verification of inventory as compared to book records were not material.


Disclosure in auditors report relating to loansThe Company has not granted/taken any loans, secured or unsecured, to companies, firms or other parties covered in the register maintained underSection 301 of the Act. Therefore, the provisions of Clause 4(iii)[(b),(c) and (d) /(f) and (g)] of the said Order are not applicable to the Company.


Disclosure in auditors report relating to internal control systemIn our opinion, and according to the information and explanations given to us, there is an adequate internal control system commensurate with thesize of the Company and the nature of its business for the purchase of inventory and fixed assets and for the sale of goods and services. Further,on the basis of our examination of the books and records of the Company, and according to the information and explanations given to us, we haveneither come across, nor have been informed of, any continuing failure to correct major weaknesses in the aforesaid internal control system.


Disclosure in auditors report relating to contracts and arrangements under section 301 of companies act

(a) According to the information and explanations given to us, we are of the opinion that the particulars of all contracts or arrangements that needto be entered into the register maintained under section 301 of the Companies Act, 1956 have been so entered. (b) In our opinion, and accordingto the information and explanations given to us, the transactions made in pursuance of such contracts or arrangements and exceeding the value ofRupees Five Lakhs in respect of any party during the year have been made at prices which are reasonable having regard to the prevailing marketprices at the relevant time.


Disclosure relating to presence of register for necessary transactions(a) According to the information and explanations given to us, we are of the opinion that the particulars of all contracts or arrangements that needto be entered into the register maintained under section 301 of the Companies Act, 1956 have been so entered.

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Disclosure relating to reasonability of transactions(b) In our opinion, and according to the information and explanations given to us, the transactions made in pursuance of such contracts orarrangements and exceeding the value of Rupees Five Lakhs in respect of any party during the year have been made at prices which arereasonable having regard to the prevailing market prices at the relevant time.


Disclosure in auditors report relating to maintenance of cost recordsviii. We have broadly reviewed the books of account maintained by the Company in respect of products where, pursuant to the rules made by theCentral Government of India, the maintenance of cost records has been prescribed under clause (d) of sub-section (1) of Section 209 of the Act,and are of the opinion that, prima facie, the prescribed accounts and records have been made and maintained. We have not, however, made adetailed examination of the records with a view to determine whether they are accurate or complete.


Disclosure in auditors report relating to statutory dues(a) According to the information and explanations given to us and the records of the Company examined by us, in our opinion, the Company isgenerally regular in depositing the undisputed statutory dues, including provident fund, investor education and protection fund, employees? stateinsurance, income tax, sales tax, wealth tax, service tax, customs duty, excise duty and other material statutory dues, as applicable, with theappropriate authorities. (b) According to the information and explanations given to us and the records of the Company examined by us, theparticulars of dues of sales tax, service tax, customs duty and excise duty and as at March 31, 2014 which have not been deposited on account of adispute, are given in Note 28 to the financial statements.


Disclosure relating to regularity in payment of undisputed statutory dues(a) According to the information and explanations given to us and the records of the Company examined by us, in our opinion, the Company isgenerally regular in depositing the undisputed statutory dues, including provident fund, investor education and protection fund, employees? state

insurance, income tax, sales tax, wealth tax, service tax, customs duty, excise duty and other material statutory dues, as applicable, with theappropriate authorities.


Disclosure relating to disputed statutory dues(b) According to the information and explanations given to us and the records of the Company examined by us, the particulars of dues of salestax, service tax, customs duty and excise duty and as at March 31, 2014 which have not been deposited on account of a dispute, are given in Note28 to the financial statements.


Disclosure in auditors report relating to accumulated lossesThe Company has no accumulated losses as at the end of the financial year and it has not incurred any cash losses in the financial year ended onthat date or in the immediately preceding financial year.


Disclosure in auditors report relating to default in repayment of financial duesAs the Company does not have any borrowings from any financial institution or bank nor has it issued any debentures as at the balance sheet date,the provisions of Clause 4(xi) of the Order are not applicable to the Company.

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Disclosure in auditors report relating to loans and advances granted by way of pledge of shares debentures and other

securitiesThe Company has not granted any loans and advances on the basis of security by way of pledge of shares, debentures and other securities.Therefore, the provisions of Clause 4(xii) of the Order are not applicable to the Company.


Disclosure in auditors report relating to provisions under special statuteAs the provisions of any special statute applicable to chit fund/ nidhi/ mutual benefit fund/ societies are not applicable to the Company, theprovisions of Clause 4(xiii) of the Order are not applicable to the Company.


Disclosure in auditors report relating to adequacy of records maintained by share trading companiesIn our opinion, the Company is not dealing in or trading in shares, securities, debentures and other investments. Accordingly, the provisions of

Clause 4(xiv) of the Order are not applicable to the Company.


Disclosure in auditors report relating to guarantee givenIn our opinion, and according to the information and explanations given to us, the Company has not given any guarantee for loans taken by othersfrom banks or financial institutions during the year. Accordingly, the provisions of Clause 4(xv) of the Order are not applicable to the Company.


Disclosure in auditors report relating to nature and amount of fund raised for short-term has been used for long-termor vice versa

According to the information and explanations given to us and on an overall examination of the balance sheet of the Company, we report that theno funds raised on short-term basis have been used for long-term investment.


Disclosure in auditors report relating to preferential allotment of sharesThe Company has not made any preferential allotment of shares to parties and companies covered in the register maintained under Section 301 ofthe Act during the year. Accordingly, the provisions of Clause 4(xviii) of the Order are not applicable to the Company.


Disclosure in auditors report relating to securities created against debentures issuedThe Company has not issued any debentures during the year and does not have any debentures outstanding as at the beginning of the year and atthe year end. Accordingly, the provisions of Clause 4(xix) of the Order are not applicable to the Company.

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Disclosure in auditors report relating to any material fraud reported during periodDuring the course of our examination of the books and records of the Company, carried out in accordance with the generally accepted auditingpractices in India, and according to the information and explanations given to us, we have neither come across any instance of material fraud onor by the Company, noticed or reported during the year, nor have we been informed of any such case by the Management.

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Disclosure in auditor?s report explanatory [Text Block]

INDEPENDENT AUDITORS? REPORT

To the Members of Reckitt Benckiser (India) Limited

Report on the Financial Statements

1. We have audited the accompanying financial statements of Reckitt Benckiser (India) Limited (the ?Company?), which comprise the BalanceSheet as at March 31, 2014, the Statement of Profit and Loss and Cash Flow Statement for the year then ended, and a summary of significantaccounting policies and other explanatory information, which we have signed under reference to this report.

Management?s Responsibility for the Financial Statements

2. The Company?s Management is responsible for the preparation of these financial statements that give a true and fair view of the financialposition, financial performance and cash flows of the Company in accordance with the Accounting Standards notified under the Companies Act,1956 (the ?Act?) read with the General Circular 15/2013 dated September 13, 2013 of the Ministry of Corporate Affairs in respect of Section 133of the Companies Act, 2013. This responsibility includes the design, implementation and maintenance of internal control relevant to thepreparation and presentation of the financial statements that give a true and fair view and are free from material misstatement, whether due tofraud or error.

Auditors? Responsibility

3. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with theStandards on Auditing and other applicable authoritative pronouncements issued by the Institute of Chartered Accountants of India. ThoseStandards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether thefinancial statements are free from material misstatement.

4. An audit involves performing procedures to obtain audit evidence, about the amounts and disclosures in the financial statements. Theprocedures selected depend on the auditors? judgment, including the assessment of the risks of material misstatement of the financial statements,whether due to fraud or error. In making those risk assessments, the auditors consider internal control relevant to the Company?s preparation andfair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose ofexpressing an opinion on the effectiveness of the entity?s internal control. An audit also includes evaluating the appropriateness of accountingpolicies used and the reasonableness of the accounting estimates made by Management, as well as evaluating the overall presentation of thefinancial statements.

5. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Opinion

6. In our opinion, and to the best of our information and according to the explanations given to us, the accompanying financial statements give theinformation required by the Act in the manner so required and give a true and fair view in conformity with the accounting principles generallyaccepted in India:

(a) in the case of the Balance Sheet, of the state of affairs of the Company as at March 31, 2014;

(b) in the case of the Statement of Profit and Loss, of the profit for the year ended on that date; and

(c) in the case of the Cash Flow Statement, of the cash flows for the year ended on that date.

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Report on Other Legal and Regulatory Requirements

7. As required by ?the Companies (Auditor?s Report) Order, 2003?, as amended by ?the Companies (Auditor?s Report) (Amendment) Order,2004?, issued by the Central Government of India in terms of sub-section (4A) of section 227 of the Act (hereinafter referred to as the ?Order?),and on the basis of such checks of the books and records of the Company as we considered appropriate and according to the information andexplanations given to us, we give in the Annexure a statement on the matters specified in paragraphs 4 and 5 of the Order.

8. As required by section 227(3) of the Act, we report that:

(a) We have obtained all the information and explanations which, to the best of our knowledge and belief, were necessary for the purpose of ouraudit;

(b) In our opinion, proper books of account as required by law have been kept by the Company so far as appears from our examination of thosebooks;

(c) The Balance Sheet, Statement of Profit and Loss, and Cash Flow Statement dealt with by this Report are in agreement with the books ofaccount;

(d) In our opinion, the Balance Sheet, Statement of Profit and Loss, and Cash Flow Statement dealt with by this report comply with theAccounting Standards notified under the Companies Act, 1956 read with the General Circular 15/2013 dated September 13, 2013 of the Ministry

of Corporate Affairs in respect of Section 133 of the Companies Act, 2013;

(e) On the basis of written representations received from the directors as on March 31, 2014, and taken on record by the Board of Directors, noneof the directors is disqualified as on March 31, 2014, from being appointed as a director in terms of clause (g) of sub-section (1) of section 274 ofthe Act.

For Price Waterhouse Chartered Accountants LLP

Firm Registration Number: 012754N/N500016

(formerly Price Waterhouse [ FRN : 012754N])

Charan S. Gupta

Place: Gurgaon Partner

Date: Membership Number: 093044

i. (a) The Company is maintaining proper records showing full particulars, including quantitative details and situation, of fixed assets.

(b) The fixed assets are physically verified by the Management according to a phased programme designed to cover all the items over a period oftwo years which, in our opinion, is reasonable having regard to the size of the Company and the nature of its assets. Pursuant to the programme, aportion of the fixed assets has been physically verified by the Management during the year and no material discrepancies have been noticed onsuch verification.

(c) In our opinion, and according to the information and explanations given to us, a substantial part of fixed assets has not been disposed off by

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the Company during the year.

ii. (a) The inventory [excluding goods in transit] has been physically verified by the Management during the year. In our opinion, the frequencyof verification is reasonable.

(b) In our opinion, the procedures of physical verification of inventory followed by the Management are reasonable and adequate in relation tothe size of the Company and the nature of its business.

(c) On the basis of our examination of the inventory records, in our opinion, the Company is maintaining proper records of inventory. Thediscrepancies noticed on physical verification of inventory as compared to book records were not material.

iii. The Company has not granted/taken any loans, secured or unsecured, to companies, firms or other parties covered in the register maintainedunder Section 301 of the Act. Therefore, the provisions of Clause 4(iii)[(b),(c) and (d) /(f) and (g)] of the said Order are not applicable to theCompany.

iv. In our opinion, and according to the information and explanations given to us, there is an adequate internal control system commensurate withthe size of the Company and the nature of its business for the purchase of inventory and fixed assets and for the sale of goods and services.Further, on the basis of our examination of the books and records of the Company, and according to the information and explanations given to us,we have neither come across, nor have been informed of, any continuing failure to correct major weaknesses in the aforesaid internal controlsystem.

v (a) According to the information and explanations given to us, we are of the opinion that the particulars of all contracts or arrangements thatneed to be entered into the register maintained under section 301 of the Companies Act, 1956 have been so entered.

(b) In our opinion, and according to the information and explanations given to us, the transactions made in pursuance of such contracts orarrangements and exceeding the value of Rupees Five Lakhs in respect of any party during the year have been made at prices which arereasonable having regard to the prevailing market prices at the relevant time.

vi. The Company has not accepted any deposits from the public within the meaning of Sections 58A and 58AA of the Act and the rules framedthere under.

In our opinion, the Company has an internal audit system commensurate with its size and the nature of its business.vii.

viii. We have broadly reviewed the books of account maintained by the Company in respect of products where, pursuant to the rules made by theCentral Government of India, the maintenance of cost records has been prescribed under clause (d) of sub-section (1) of Section 209 of the Act,and are of the opinion that, prima facie the prescribed accounts and records have been made and maintained. We have not, however, made a,detailed examination of the records with a view to determine whether they are accurate or complete.

ix. (a) According to the information and explanations given to us and the records of the Company examined by us, in our opinion, the Company isgenerally regular in depositing the undisputed statutory dues, including provident fund, investor education and protection fund, employees? stateinsurance, income tax, sales tax, wealth tax, service tax, customs duty, excise duty and other material statutory dues, as applicable, with theappropriate authorities.

(b) According to the information and explanations given to us and the records of the Company examined by us, the particulars of dues of sales

tax, service tax, customs duty and excise duty and as at March 31, 2014 which have not been deposited on account of a dispute, are given in Note28 to the financial statements.

x. The Company has no accumulated losses as at the end of the financial year and it has not incurred any cash losses in the financial year endedon that date or in the immediately preceding financial year.

xi. As the Company does not have any borrowings from any financial institution or bank nor has it issued any debentures as at the balance sheetdate, the provisions of Clause 4(xi) of the Order are not applicable to the Company.

xii. The Company has not granted any loans and advances on the basis of security by way of pledge of shares, debentures and other securities.Therefore, the provisions of Clause 4(xii) of the Order are not applicable to the Company.

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xiii. As the provisions of any special statute applicable to chit fund/ nidhi/ mutual benefit fund/ societies are not applicable to the Company, theprovisions of Clause 4(xiii) of the Order are not applicable to the Company.

xiv. In our opinion, the Company is not dealing in or trading in shares, securities, debentures and other investments. Accordingly, the provisionsof Clause 4(xiv) of the Order are not applicable to the Company.

xv. In our opinion, and according to the information and explanations given to us, the Company has not given any guarantee for loans taken byothers from banks or financial institutions during the year. Accordingly, the provisions of Clause 4(xv) of the Order are not applicable to the

Company.

xvi. The Company has not raised any term loans. Accordingly, the provisions of Clause 4(xvi) of the Order are not applicable to the Company.

xvii. According to the information and explanations given to us and on an overall examination of the balance sheet of the Company, we reportthat the no funds raised on short-term basis have been used for long-term investment.

xviii. The Company has not made any preferential allotment of shares to parties and companies covered in the register maintained under Section301 of the Act during the year. Accordingly, the provisions of Clause 4(xviii) of the Order are not applicable to the Company.

xix. The Company has not issued any debentures during the year and does not have any debentures outstanding as at the beginning of the year andat the year end. Accordingly, the provisions of Clause 4(xix) of the Order are not applicable to the Company.

xx. The Company has not raised any money by public issues during the year. Accordingly, the provisions of Clause 4(xx) of the Order are notapplicable to the Company.

xxi. During the course of our examination of the books and records of the Company, carried out in accordance with the generally acceptedauditing practices in India, and according to the information and explanations given to us, we have neither come across any instance of materialfraud on or by the Company, noticed or reported during the year, nor have we been informed of any such case by the Management.

For Price Waterhouse Chartered Accountants LLP

Firm Registration Number: 012754N/N500016

(formerly Price Waterhouse [FRN: 012754N])

Charan S. Gupta

Place: Gurgaon Partner

Date: Membership Number: 093044

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[100100] Balance sheet


31/03/2014 31/03/2013 01/04/2012

Balance sheet [Abstract]

Equity and liabilities [Abstract]

Shareholders' funds [Abstract]

Share capital 2,587.25 2,587.25 2,587.25

Reserves and surplus 1,80,823.13 1,06,910.62

Total shareholders' funds 1,83,410.38 1,09,497.87

Share application money pending allotment 0 0

Non-current liabilities [Abstract]

Long-term borrowings 0 0

Other long-term liabilities 0 0

Long-term provisions 5,350.1 5,239.33

Total non-current liabilities 5,350.1 5,239.33

Current liabilities [Abstract]

Short-term borrowings 0 0

Trade payables(A) 62,971.69 (B) 57,949.59

Other current liabilities 9,653.69 8,022.32

Short-term provisions 2,117.85 1,552.91

Total current liabilities 74,743.23 67,524.82

Total equity and liabilities 2,63,503.71 1,82,262.02

Assets [Abstract]

Non-current assets [Abstract]

Fixed assets [Abstract]

Tangible assets 29,727.31 22,359.33 19,796.57

Intangible assets 0 0 0

Tangible assets capital work-in-progress 2,466.56 2,412.42

Total fixed assets 32,193.87 24,771.75

Non-current investments 73,779.19 73,779.19

Deferred tax assets (net)(C) 1,482.66 (D) 1,870.29

Long-term loans and advances 5,557.08 3,351.31

Other non-current assets 32.56 32.56

Total non-current assets 1,13,045.36 1,03,805.1

Current assets [Abstract]

Current investments 0 0

Inventories 36,650.95 30,273.54

Trade receivables 13,695.38 12,782.55

Cash and bank balances 93,673.22 28,030.26

Short-term loans and advances 5,963.02 7,152.48

Other current assets 475.78 218.09

Total current assets 1,50,458.35 78,456.92

Total assets 2,63,503.71 1,82,262.02

Footnotes

(A) Acceptances-1278.55 Trade payables-61693.14

(B) Acceptances-644.26 Trade payables-57305.33

(C) Timing difference resulting u/s 43B of the Income Tax Act, 1961-614.07 Differences in carrying value of fixed assets as per taxbooks and financial books-211.77 Provision for Inventory , Doubtful Debts & Advances-656.82

(D) Timing difference resulting u/s 43B of the Income Tax Act, 1961-556.90 Differences in carrying value of fixed assets as per taxbooks and financial books-340.90 Provision for Inventory , Doubtful Debts & Advances-972.49

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[400300] Disclosures - Signatories of balance sheet

Details of directors signing balance sheet [Table] ..(1)

Unless otherwise specified, all monetary values are in Lakhs of INRDirectors signing balance sheet [Axis] Director 1 Director 2

01/04/2013

to31/03/2014

01/04/2013

to31/03/2014

Details of signatories of balance sheet [Abstract]

Details of directors signing balance sheet [Abstract]

Details of directors signing balance sheet [LineItems]

Name of director signing balance sheet [Abstract]

First name of director Gopal Nitish

Last name of director Mishra Kapoor

Designation of director Executive Director Managing Director

Director identification number of director 06418731 06767690

Date of signing of balance sheet by director 06/09/2014 06/09/2014


01/04/2013

to

31/03/2014

Name of company secretary Manoj Singh Bisht

Permanent account number of company secretary ALTPB3904E

Date of signing of balance sheet by company secretary 06/09/2014

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[100400] Cash flow statement, indirect


01/04/2013

to

31/03/2014

01/04/2012

to

31/03/2013

01/04/2012

Statement of cash flows [Abstract]

Cash flows from used in operating activities [Abstract]Profit before extraordinary items and tax 93,800.14 59,454.58

Adjustments for reconcile profit (loss) [Abstract]

Adjustments to profit (loss) [Abstract]

Adjustments for depreciation and amortisation expense 3,015.99 3,760.1

Other adjustments for which cash effects are investing orfinancing cash flow (A) -5,784.49 (B) -5,484.27

Other adjustments for non-cash items(C) -4,149.53 (D) -3,204.5

Total adjustments to profit (loss) -6,918.03 -4,928.67

Adjustments for working capital [Abstract]

Adjustments for decrease (increase) in inventories -6,377.41 6,267.6

Adjustments for decrease (increase) in trade receivables -1,171.05 -3,952.48

Adjustments for decrease (increase) in other current andnon-current assets (E) 16,357.88 (F) -10,427.18

Adjustments for increase (decrease) in trade payables 9,429.86 11,601.09

Adjustments for increase (decrease) in other current andnon-current liabilities

951.08 2,050.87

Adjustments for provisions(G) -198.16 (H) -37.42

Total adjustments for working capital 18,992.2 5,502.48

Total adjustments for reconcile profit (loss) 12,074.17 573.81

Net cash flows from (used in) operations 1,05,874.31 60,028.39

Income taxes (paid) refund 17,810.16 13,329.77

Net cash flows from (used in) operating activities before extraordinaryitems

88,064.15 46,698.62

Net cash flows from (used in) operating activities 88,064.15 46,698.62

Cash flows from used in investing activities [Abstract]

Proceeds from sales of tangible assets 56.9 13.69

Purchase of tangible assets 10,155.61 6,651.32

Dividends received 0 1,198.35

Interest received 4,720.32 3,953.5

Other inflows (outflows) of cash 0(I) -73,779.18

Net cash flows from (used in) investing activities before extraordinaryitems

-5,378.39 -75,264.96

Net cash flows from (used in) investing activities -5,378.39 -75,264.96

Cash flows from used in financing activities [Abstract]

Dividends paid 20.86 3,027.84

Net cash flows from (used in) financing activities before extraordinaryitems

-20.86 -3,027.84

Net cash flows from (used in) financing activities -20.86 -3,027.84

Net increase (decrease) in cash and cash equivalents before effect ofexchange rate changes

82,664.9 -31,594.18

Net increase (decrease) in cash and cash equivalents 82,664.9 -31,594.18

Cash and cash equivalents cash flow statement at end of period 93,670.97 11,006.07 42,600.26

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[200100] Notes - Share capital

Disclosure of classes of share capital [Table] ..(1)


Classes of share capital [Axis] Share capital [Member]Equity shares

[Member]

01/04/2013to

31/03/2014

01/04/2012to

31/03/2013

01/04/2012 01/04/2013to

31/03/2014

Disclosure of classes of share capital [Abstract]

Disclosure of classes of share capital [LineItems]

Number of shares authorised [shares] 3,50,00,000 [shares] 3,50,00,000 [shares] 3,50,00,000

Value of shares authorised 3,500 3,500 3,500

Number of shares issued [shares] 2,58,72,467 [shares] 2,58,72,467 [shares] 2,58,72,467

Value of shares issued 2,587.25 2,587.25 2,587.25

Number of shares subscribed and fully paid [shares] 2,58,72,467 [shares] 2,58,72,467 [shares] 2,58,72,467

Value of shares subscribed and fully paid 2,587.25 2,587.25 2,587.25

Number of shares subscribed but not fully paid [shares] 0 [shares] 0 [shares] 0

Value of shares subscribed but not fully paid 0 0 0

Total number of shares subscribed [shares] 2,58,72,467 [shares] 2,58,72,467 [shares] 2,58,72,467

Total value of shares subscribed 2,587.25 2,587.25 2,587.25 Value of shares paid-up [Abstract]

Number of shares paid-up [shares] 2,58,72,467 [shares] 2,58,72,467 [shares] 2,58,72,467

Value of shares called 2,587.25 2,587.25 2,587.25

Value of shares paid-up 2,587.25 2,587.25 2,587.25

Reconciliation of number of shares outstanding[Abstract]

Changes in number of shares outstanding[Abstract]

Decrease in number of shares during period[Abstract]

Other decrease in number of shares [shares] 0 [shares] 0 [shares] 0

Total decrease in number of shares duringperiod

[shares] 0 [shares] 0 [shares] 0

Total increase (decrease) in number of

shares outstanding[shares] 0 [shares] 0 [shares] 0

Number of shares outstanding at end of period [shares] 2,58,72,467 [shares] 2,58,72,467 [shares] 2,58,72,467 [shares] 2,58,72,467

Reconciliation of value of shares outstanding[Abstract]

Changes in share capital [Abstract]

Decrease in share capital during period[Abstract]

Other decrease in amount of shares 0 0 0

Total decrease in share capital duringperiod

0 0 0

Total increase (decrease) in share capital 0 0 0

Share capital at end of period 2,587.25 2,587.25 2,587.25 2,587.25

Rights preferences and restrictions attachingto class of share capital

0 0 0

Shares in company held by holding company orultimate holding company or by its subsidiariesor associates [Abstract]

Shares in company held by holding company [shares] 1,67,85,721 [shares] 1,67,85,721 [shares] 1,67,85,721

Shares in company held by ultimate holdingcompany

[shares] 90,86,741 [shares] 90,86,741 [shares] 90,86,741

Total shares in company held by holding companyor ultimate holding company or by itssubsidiaries or associates

[shares] 2,58,72,462 [shares] 2,58,72,462 [shares] 2,58,72,462

Details of application money received forallotment of securities and due for refund andinterest accrued thereon [Abstract]

Application money received for allotment ofsecurities and due for refund and interestaccrued thereon [Abstract]

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Application money received forallotment of securities and due forrefund, principal

0 0 0

Application money received forallotment of securities and due forrefund, interest accrued

0 0 0

Total application money received forallotment of securities and due for refundand interest accrued thereon

0 0 0

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Unless otherwise specified, all monetary values are in Lakhs of INRClasses of share capital [Axis] Equity shares [Member] Equity shares 1 [Member]

01/04/2012

to

31/03/2013

01/04/2012

01/04/2013

to

31/03/2014

01/04/2012

to

31/03/2013



Type of share Equity Equity

Number of shares authorised [shares] 3,50,00,000 [shares] 3,50,00,000 [shares] 3,50,00,000 Value of shares authorised 3,500 3,500 3,500

Number of shares issued [shares] 2,58,72,467 [shares] 2,58,72,467 [shares] 2,58,72,467

Value of shares issued 2,587.25 2,587.25 2,587.25

Number of shares subscribed and fully paid [shares] 2,58,72,467 [shares] 2,58,72,467 [shares] 2,58,72,467

Value of shares subscribed and fully paid 2,587.25 2,587.25 2,587.25

Number of shares subscribed but not fully paid [shares] 0 [shares] 0 [shares] 0

Value of shares subscribed but not fully paid 0 0 0

Total number of shares subscribed [shares] 2,58,72,467 [shares] 2,58,72,467 [shares] 2,58,72,467

Total value of shares subscribed 2,587.25 2,587.25 2,587.25

Value of shares paid-up [Abstract]

Number of shares paid-up [shares] 2,58,72,467 [shares] 2,58,72,467 [shares] 2,58,72,467

Value of shares called 2,587.25 2,587.25 2,587.25

Value of shares paid-up 2,587.25 2,587.25 2,587.25

Par value per share [INR/shares] 10 [INR/shares] 10

Details of shares not fully called [Abstract]

Amount per share called [INR/shares] 0 [INR/shares] 0

Reconciliation of number of shares outstanding[Abstract]

Changes in number of shares outstanding[Abstract]

Decrease in number of shares during period[Abstract]

Other decrease in number of shares [shares] 0 [shares] 0 [shares] 0

Total decrease in number of shares duringperiod


Total increase (decrease) in number ofshares outstanding


Number of shares outstanding at end of period [shares] 2,58,72,467 [shares] 2,58,72,467 [shares] 2,58,72,467 [shares] 2,58,72,467 Reconciliation of value of shares outstanding

[Abstract]

Changes in share capital [Abstract]

Decrease in share capital during period[Abstract]

Other decrease in amount of shares 0 0 0

Total decrease in share capital duringperiod

0 0 0

Total increase (decrease) in share capital 0 0 0

Share capital at end of period 2,587.25 2,587.25 2,587.25 2,587.25

Rights preferences and restrictions attachingto class of share capital

0Textual information(31) [See below]


Shares in company held by holding company orultimate holding company or by its subsidiaries

or associates [Abstract]Shares in company held by holding company [shares] 1,67,85,721 [shares] 1,67,85,721 [shares] 1,67,85,721

Shares in company held by ultimate holdingcompany

[shares] 90,86,741 [shares] 90,86,741 [shares] 90,86,741

Total shares in company held by holding companyor ultimate holding company or by itssubsidiaries or associates

[shares] 2,58,72,462 [shares] 2,58,72,462 [shares] 2,58,72,462

Details of application money received forallotment of securities and due for refund andinterest accrued thereon [Abstract]

Application money received for allotment ofsecurities and due for refund and interestaccrued thereon [Abstract]

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Application money received forallotment of securities and due forrefund, principal

0 0 0

Application money received forallotment of securities and due forrefund, interest accrued

0 0 0

Total application money received forallotment of securities and due for refundand interest accrued thereon

0 0 0



Classes of share capital [Axis]Equity shares 1

[Member]

01/04/2012



Reconciliation of number of shares outstanding [Abstract]

Number of shares outstanding at end of period [shares] 2,58,72,467

Reconciliation of value of shares outstanding [Abstract]

Share capital at end of period 2,587.25

Disclosure of shareholding more than five per cent in company [Table] ..(1)


Classes of share capital [Axis] Equity shares 1 [Member]Name of shareholder [Axis] Shareholder 1 [Member] Shareholder 2 [Member]

01/04/2013

to

31/03/2014

01/04/2012

to

31/03/2013

01/04/2013

to

31/03/2014

01/04/2012

to

31/03/2013

Disclosure of shareholding more than five per cent incompany [Abstract]

Disclosure of shareholding more than five per centin company [LineItems]

Type of share Equity Equity Equity Equity

Name of shareholderReckitt Benckiserplc, UK

Reckitt Benckiser plc,UK

Lancaster SquareHolding SL

Lancaster SquareHolding SL

Country of incorporation or residence ofshareholder

United Kingdom United Kingdom Spain Spain

Number of shares held in company [shares] 1,67,85,721 [shares] 1,67,85,721 [shares] 90,86,741 [shares] 90,86,741

Percentage of shareholding in company 64.878% 64.878% 35.121% 35.121%


01/04/2013

to

31/03/2014

01/04/2012

to

31/03/2013

Disclosure of notes on share capital explanatory [TextBlock]Textual information (33)[See below]

Whether there are any shareholders holding more than five per centshares in company

Yes Yes

Whether money raised from public offering during year No No


Rights preferences and restrictions attaching to class of share capitalThe Company has one class of Equity Shares having par value of Rs. 10 per share. Each shareholder is eligible for one vote per share held. Thedividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting, except in caseof interim dividend. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the Company afterdistribution of all preferential amounts, if any, in proportion to their shareholding.

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Rights preferences and restrictions attaching to class of share capitalThe Company has one class of Equity Shares having par value of Rs. 10 per share. Each shareholder is eligible for one vote per share held. Thedividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting, except in caseof interim dividend. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the Company afterdistribution of all preferential amounts, if any, in proportion to their shareholding.

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[200200] Notes - Reserves and surplus

Statement of changes in reserves [Table] ..(1)


Components of reserves [Axis] Reserves [Member]Capital reserves

[Member]

01/04/2013to

31/03/2014

01/04/2012to

31/03/2013

01/04/2012 01/04/2013to

31/03/2014

Statement of changes in reserves [Abstract]

Statement of changes in reserves [LineItems]

Changes in reserves [Abstract]

Additions to reserves [Abstract]

Profit (loss) for period 73,912.51 46,293.07 0

Total additions to reserves 73,912.51 46,293.07 0

Appropriations for dividend, dividend tax andgeneral reserve [Abstract]

Dividend appropriation [Abstract]

Interim dividend appropriation [Abstract]

Interim equity dividend appropriation 0 -2,587.25

Total interim dividend appropriation 0 -2,587.25

Total dividend appropriation 0 -2,587.25

Dividend tax appropriation [Abstract]

Equity dividend tax appropriation 0 -419.72

Total dividend tax appropriation 0 -419.72

Transfer to general reserve 0 -4,629.31

Total appropriations for dividend,dividend tax and general reserve

0 -7,636.28

Total changes in reserves 73,912.51 53,929.35 0

Reserves at end of period 1,80,823.13 1,06,910.62 63,624.52 30


Unless otherwise specified, all monetary values are in Lakhs of INRComponents of reserves [Axis] Capital reserves [Member] Other reserves [Member]

01/04/2012to

31/03/2013

01/04/201201/04/2013

to

31/03/2014

01/04/2012to

31/03/2013





Profit (loss) for period 0 0 4,629.31

Total additions to reserves 0 0 4,629.31

Total changes in reserves 0 0 4,629.31

Reserves at end of period 30 30 14,885.93 14,885.93



Components of reserves [Axis]Other reserves

[Member]General reserve [Member]

01/04/2012

01/04/2013

to

31/03/2014

01/04/2012

to

31/03/2013

01/04/2012





Profit (loss) for period 0 4,629.31

Total additions to reserves 0 4,629.31

Total changes in reserves 0 4,629.31

Reserves at end of period 10,256.62 14,885.93 14,885.93 10,256.62

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Unless otherwise specified, all monetary values are in Lakhs of INRComponents of reserves [Axis] Surplus [Member]

01/04/2013

to

31/03/2014

01/04/2012

to

31/03/2013

01/04/2012




Additions to reserves [Abstract]Profit (loss) for period 73,912.51 46,293.07

Total additions to reserves 73,912.51 46,293.07

Appropriations for dividend, dividend tax and general reserve[Abstract]

Dividend appropriation [Abstract]

Interim dividend appropriation [Abstract]

Interim equity dividend appropriation 0 -2,587.25

Total interim dividend appropriation 0 -2,587.25

Total dividend appropriation 0 -2,587.25

Dividend tax appropriation [Abstract]

Equity dividend tax appropriation 0 -419.72

Total dividend tax appropriation 0 -419.72

Transfer to general reserve 0 -4,629.31

Total appropriations for dividend, dividend tax and generalreserve

0 -7,636.28

Total changes in reserves 73,912.51 53,929.35

Reserves at end of period 1,65,907.2 91,994.69 53,337.9


01/04/2013

to

31/03/2014

Disclosure of notes on reserves explanatory [TextBlock]Textual information (34)[See below]

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Disclosure of notes on reserves explanatory [Text Block]

4 Reserve and Surplus

As at As at

March 31, 2014 March 31, 2013

Capital ReservesBalance as at the beginning of theyear

30.00

30.00

Balance as at the end of the year A 30.0030.00

During 2008-2009 the Company received a capital subsidy for Rs. 30 Lacs from Directorate of Industries, Himachal Pradesh under theCentral Capital Investment Subsidy Scheme 2003

General Reserve

Balance as at the beginning of theyear

14,885.93

10,256.62

Add: Transferred from surplus in the Statement of Profit & Loss duringthe year

- 4,629.31

Balance as at the end of the year B 14,885.9314,885.93

Surplus in Statement of Profit & Loss

Balance as at the beginning of theyear

91,994.69

53,337.90

Profit for the year73,912.51

46,293.07

Less: Appropriations:

- Interim dividend- (2,587.25)

- Dividend distribution tax- (419.72)

- Transfer to general reserve

(4,629.31)

Balance as at the end of the year C 165,907.2091,994.69

Total (A+B+C) 180,823.13 106,910.62

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[201000] Notes - Tangible assets

Disclosure of tangible assets [Table] ..(1)

Unless otherwise specified, all monetary values are in Lakhs of INRClasses of tangible assets [Axis] Company total tangible assets [Member]

Sub classes of tangible assets [Axis] Owned and leased assets [Member]

Carrying amount accumulated depreciation and grosscarrying amount [Axis]

Carrying amount [Member] Gross carrying amount [Member]

01/04/2013

to

31/03/2014

01/04/2012

to

31/03/2013

01/04/2012

01/04/2013

to

31/03/2014

01/04/2012

to

31/03/2013

01/04/2012

Disclosure of tangible assets [Abstract]

Disclosure of tangible assets[LineItems]

Reconciliation of changes intangible assets [Abstract]

Changes in tangible assets[Abstract]

Additions other than throughbusiness combinations tangibleassets

10,450.36 6,336.78 10,450.36 6,336.78

Depreciation tangible assets -3,015.99 -3,760.1 Disposals tangible assets

[Abstract]

Disposals tangible assets,others

66.39 13.92 404.46 118.87

Total disposals tangibleassets

66.39 13.92 404.46 118.87

Total changes in tangibleassets

7,367.98 2,562.76 10,045.9 6,217.91

Tangible assets at end of period 29,727.31 22,359.33 19,796.57 52,356.76 42,310.86 36,092.95


Unless otherwise specified, all monetary values are in Lakhs of INRClasses of tangible assets [Axis] Company total tangible assets [Member] Land [Member]

Sub classes of tangible assets [Axis] Owned and leased assets [Member] Assets held under lease [Member]

Carrying amount accumulated depreciation and gross

carrying amount [Axis]

Accumulated depreciation and impairment

[Member]Carrying amount [Member]

01/04/2013

to

31/03/2014

01/04/2012

to

31/03/2013

01/04/2012

01/04/2013

to

31/03/2014

01/04/2012

to

31/03/2013

01/04/2012






0 272.44

Depreciation tangible assets 3,015.99 3,760.1 -11.33 -11.07

Disposals tangible assets[Abstract]

Disposals tangible assets,others

338.07 104.95

Total disposals tangibleassets

338.07 104.95


2,677.92 3,655.15 -11.33 261.37

Tangible assets at end of period 22,629.45 19,951.53 16,296.38 955.76 967.09 705.72

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Unless otherwise specified, all monetary values are in Lakhs of INRClasses of tangible assets [Axis] Land [Member]

Sub classes of tangible assets [Axis] Assets held under lease [Member]


carrying amount [Axis]Gross carrying amount [Member]

Accumulated depreciation and impairment

[Member]

01/04/2013

to

31/03/2014

01/04/2012

to

31/03/2013

01/04/2012

01/04/2013

to

31/03/2014

01/04/2012

to

31/03/2013

01/04/2012

Disclosure of tangible assets [Abstract]Disclosure of tangible assets[LineItems]




0 272.44

Depreciation tangible assets 11.33 11.07


0 272.44 11.33 11.07

Tangible assets at end of period 1,019.4 1,019.4 746.96 63.64 52.31 41.24


Unless otherwise specified, all monetary values are in Lakhs of INRClasses of tangible assets [Axis] Land [Member]

Sub classes of tangible assets [Axis] Owned assets [Member]


carrying amount [Axis]Carrying amount [Member] Gross carrying amount [Member]

01/04/2013

to

31/03/2014

01/04/2012

to

31/03/2013

01/04/2012

01/04/2013

to

31/03/2014

01/04/2012

to

31/03/2013

01/04/2012



Reconciliation of changes

Documents

395300