Alankit Limited — Annual Report 2019

May 26, 2019

26"- May, 2019

To.

Department ofCorporate Services Exchange Plaza, 5m Floor, PJ Towers, Dalal Street Bandra (E), Mumbai -400001 Mumbai -400051

The General Manager The National Stock Exchange of India Ltd. Bombay Stock Exchange Limited C-l, Block G, Bandra — Kurla Complex,

Dear Sir,

We are pleased to inform you that the Board of Directors of the company at their meeting held on 26"I May, 2019. have considered the following businesses:

• 1. The Board approved the re-appointment of Mr. Shyam Kishore Lal as an Independent Director of the Company for the period of five years w.e.f 26.05.2019 subject to the approval ofmembers.
• 1. The Board approved the re-appointment of Mr. Ashok Shantilal Bhuta as an Independent Director ofthe Company for the period of five years w.e.f 26.05.2019 subject to the approval ofmembers.
• 1. The Board approved the re-appointment of Mr. Ankit Agarwal as Managing Director of the Company for the period of five years w.e.f 26.05.2019 subject to the approval of members.
• 1. The Board considered and adopted the Standalone Audited Financial Statements of the Company for the 4'h quarter and financial year ended 31" March, 2019 along with the Audited Balance Sheet and Auditors' Report.
• 1. The Board considered and adopted the Consolidated Audited Financial Statements of the Company for the 4m quarter and financial year ended 315I March, 2019 along with the Audited Balance Sheet and Auditors' Report.
• 1. Based on the recommendation of Audit Committee, the Board proposed to the shareholders, for re-appointment of M/S. B.K. Shroff & Co. Statutory Auditors of the Company for the period of consecutive five years from the conclusion of 30"1 Annual General Meeting till 35». Annual General Meeting ofthe Company.
• The Board approved the alteration in Articles of Association of the Co subject to the approval ofShareholders in the ensuing Annual General Meet'

CIN : L74900DL1989PLC036860

Registered Office : 205-208, Anarkali Complex, Jhandewalan Extension, New Delhi 4110055. Indla Corporate Office : Alankit House, 4E/2, Jhandewalan Extension, New Delhi 410055, India Phone : +91-1l-4254 1234 / 2354 1234 | Fax: +91-1l-2355 2001 l Website : www.alankit.in | email : info@alanklt.com 8. The Board approved the appointment of Ms. Milli Mehta as Company Secretary cum Compliance Officer of the Company.

The meeting of the Board of Directors commenced at 02.00 P.M and concluded at $\Lambda\Lambda\Delta\Omega$ P.M

You are requested to take note of the same.

Sincerely Yours FOR ALANKIT LIMITE

ANKIT AGARWAL MANAGING DIRECTOR

B. K. SHROFF & CO an-B. mm" Road,

Chartered Accountant; 15! Floor,' Flat No. 4, New Delhi - 110002. Phones : 23271407, 23284825, 23284826 Telefax : 23270362 E-mail : bkshroffdelhi©yahoocom bkshrolldelhi®redificom

Auditor's Report on Standalone Financial Results of Alankit Limited Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 for the quarter/year ended 31" March 2019

To Board of Directors of Alankit Limited

• 1. We have audited the accompanying standalone financial results of Alankit Limited ("the Company") for the quarter ended 315t March 2019 and year to date results for the period lst April 2018 to 3lst March 2019 ("the Statement"), attached herewith, being submitted by the company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, read with SEBI Circular No. ClR/CFD/FAC/62/2016 dated 5"'July 2016.
• 1. These standalone quarterly as well as year to date financial results have been prepared on the basis of the annual standalone IND AS financial statements, which are the responsibility of the company's management. Our responsibility is to express an opinion on these standalone financial results based on our audit of such annual standalone IND AS financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standards ("IND AS"), prescribed, under section 133 of the Companies Act, 2013 read with relevant rules issued there under and other accounting principles generally accepted in India.
• 1. We conducted our audit in accordance with the auditing standards generally accepted in lndia. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed in financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion.
• 1. In our opinion and to the best of our information and according to the explanations given to us, these quarterly and year to date standalone financial results:
• (i) Are presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 in this regard; and SEBI circular dated 5'" July 2016 in this regard and
• (ii) Give a true and fair View of the financial performance (including other comprehensive income) and other financial information for the quarter ended 315t March, 2019 and year to date results for the period lst April 2018 to 3lst March 2019.

1B. K. SHROFF&CO. an-msammoau. Chartered Accountants Ling'Qai 5:113:01'3324. Phones : 23271407, 23284825. 23284826 Telefax : 23270862 E-mail : bkshrolfdelhi©yahoo.com bkshroffdelhiOredilfoom

1. The figures for the quarter ended 31" March 2019 and the corresponding quarter ended in the previous year as reported in these standalone financial results are the balancing figure between audited figures in respect of the full financial year and the published year to date figures up to the third quarter of the relevant financial year.

For B K Shroff & Co. Chartered Accountants Firm Registration No 302166E Sa vAggarwal Partner Membership Number: 085128

Place: New Delhi Date: 26'h May, 2019

		ALANKIT LIMITED
		Regd. Office: 205-208, Anarkali Complex, Jhandewalan Extension, New Delhi-110055STATEMENT OF AUDITED FINANCIAL RESULTS FOR THE 4TH QUARTER AND YEAR ENDED MARCH 31, 2019
	CONSOLIDATED				STANDALONE	(Rs. In Lacs)
Year ended			Quarter endedYear ended
31-Mar-19	31-Mar-18		31-Mar-19	31-Dec-18	31-Mar-18	31-Mar-19	31-Mar-18
Audited	Audited	PARTICULARS	Audited	Unaudited	Audited	Audited	Audited
12,894.18	10,510.33	Revenue from operations	3.799.95	3,194.42	2,483.48	12,302.04	10,443.03
903.70	382.15	Other Income (net)	405.01	160.47	82.24	694.53	290.13
13,797.88	10,892.48	[Total Income (I+II)	4,204.96	3,354.89	2,565.72	12,996.57	10,733.16
		Expenses
1,762.70		663.86 Purchases of stock in trade	633.80	51.46	81.68	1205.34	663.86
(616.44)	74.40	Changes in Inventories of stock in trade	(276.94)	81.96	57.73	[297.29]	46.59
5,213.82	2,213.38	Employee benefits expenses	1,493.78	1,450.13	554.00	5073.01	2,207.24
111.43		69.26 Finance Cost	43.52	27.48	21.78	101.21	67.80
447.72		354.26 Depreciation & Amortisation expense	100.98	99.97	146.17	368,96	353.94
1,847.41		1,759.35 Professional Charges	852.85	300.16	467.67	1847.12	1,758.58
791.29	1,048.57	Data Management & Digitization Charges	216.05	208.60	177.77	791.29	1.048.57
2.079.98	2,133.76	Other expenses	494.30	509.24	625.08	1862.03	2,045.81
11,637.91		8.316.85 Total Expenses	3,558.34	2,729.00	2,131.88	10,951.67	8,192.39
2,159.97	2,575.63	Profit before tax	646.62	625.89	433,84	2,044.90	2,540.77
		Tax expenses:
465.57	606.39	Current tax	102.25	161.93	89.52	440.78	608.24
${20.61}$		Earlier year taxes	(20.61)			(20.61)
(71.91)		(1.33) MAT credit receivable	(54.32)			[56.66]
388.13		$(203.61)$ Deferred tax	65.48	96.12	(409.13)	365.13	(202.60)
1,398.80		2,174.18 Profit for the period	553.81	367.84	753.46	1,316.26	2,135,13
		Other Comprehensive Income / (Losses)
		Items that will not be reclassified subsequently to the statement of profit and loss
14.45		(0.51) Remeasurement of defined employee benefit plans	14.83	(0.13)	(0.51)	14.45	(0.51)
0.77		$(33.20)$ Changes in fair values of investments in equities carried at fair value through OCI	0.77		(33.20)	0.77	(33.20)
(4.21)	0.15	Income Tax on items that will not be reclassified subsequently to the statement	(4.32)	0.04	0.15	(4.21)	0.15
		Items that will be reclassified subsequently to the statement of profit and loss					$\sim$
(6.89)	8.62	Exchange differences in translating the financial statement of a foreign operation	4.27	2.87	(0.46)	(6.89)	8.62
2.01		$[2.49]$ Income Tax on items that will be reclassified subsequently to the statement of profit & Loss	(1.24)	(0.84)	0.65	2.01	[2.49]
6.13		[27.43] Total Other Comprehensive Income / (Losses) [net of tax)	14.32	1.95	[33.37]	6.13	(27.43)
1404.93	2146.75	Total Comprehensive Income for the Period	568.14	369,79	720.09	1322.39	2107.70
1,429.58	1,429.58	Total Paid up share capital equity shares (Face value of Re. 1 each full paid)	1429.58	1429.58	1429.58	1429.58	1429.58
5,915.97	4,883.97	Other Equity (Excluding Revaluation Reserves)				5810.78	4765.48
		Earning per equity share (face value Re.1/-each)
0.98		$1.52$ Basic	0.39	0.26	0.53	0.92	1.49
0.98		1.52 Diluted	0.39	0.26	0.53	0.92	1.49

Notes :-1. The above audited results were reviewed by the Audit Committee and taken on record by the Board of Directors at their meeting

held on 26th May, 2019.held on 26th May, 2019.2. Figures have been regrouped or rearranged wherever considered necessary. The entire operations of the company relates to only two reportable segment, therefore segment rep 17 is furnished.

1. There is no investor complaint pending as on date.

2. There is no mercies companic persons as on tanc.4. Results for the year ended 31.03.2019 & 31.03.2018 are in compliance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133

3. The figures of last quarter are the balancing figures between audited figures in respect of the full financial year and the published year-to-date figures upto the third quarter of the current financial year.

ITED Authorised Signatory/Director

	ALANKIT LIMITEDRegd. Office: 205-208, Anarkali Complex, Jhandewalan Extension, New Delhi-110055
		STATEMENT OF ASSETS AND LIABILITIES
	Consolidated			(Rs in Lacs)Standalone
As at March		As at March Particulars
			As at March	As at March
31,2019	31,2018		31,2019	31,2018
		ASSETS
		Non-Current Assets
2,233.32	652.49	(a) Property, plant and equipments	1995.27	403.67
4,897.11	4,804.26	(b) Intangible assets	4704.77	4,665.71
		(c) Financial Assets
116.73	115.96	(i) Investments	2193.28	2,084.71
		(ii) Loans	0
255.90	769.77	(iii) Other financial assets	254.65	769.52
		(f) Other non - current assets
7,503.06	6,342.48	Total Non-Current Assets	9,147.97	7,923.60
		Current Assets
903.80		287.36 $(a)$ Inventories	584.57	287.28
		(b) Financial Assets
2,681.50	1,404.54	(i) Trade receivables	2,644.47	1,404.52
		(ii) Unbilled revenue
2,284.21	2,239.69	(ii) Cash and cash equivalents	375.64	430.57
633.39	2,292.80	(c) Other current assets	518.10
				2,098.42
6,502.90	6,224.39	Total current assets	4,122.78	4,220.80
14,005.96	12,566.87	TOTAL ASSETS	13,270.75	12,144.40
		EQUITY AND LIABILITIESEquity
1,429.58	1,429.58	(a) Share capital	1,429.58	1,429.58
5,915.97	4,883.97	(b) Other equity	5,810.78	4,833.08
7,345.55	6,313.55	Total Equity	7,240.36	6,262.66
		Liabilities
		Non-current liabilities
		(a) Financial liabilities
822.28		(i) Long-term borrowings	822.28
1,683.34	1,873.22	(ii) Other financial liability	1,683.34	1,873.22
142.80	63.68	(b) Employee benefit obligation	139.15	62.84
478.08	89.96	(c) Deferred tax liabilities (net)	462.55	97.43
275.59	354.03	$(d)$ Minority Interest
3,402.10	2,380.89	Total non-current liabilities	3,107.33	2,033.49
		Current liablities
		(a) Financial liabilities
497.40	492.20	(i) Short-term borrowings	497.40	492.20
1,763.43150.97	2,575.41	(ii) Trade payables	1,460.14	2,575.36
	205.02	(iii) Other financial liability	150.97	205.02
0.85	9.38	(b) Current income tax liabilities (net)	1.71	9.75
	0.32	(c) Employee benefit obligation	0.47	0.22
845.65	590.11	(d) Other liabilities	812.37	565.71
3,258.31	3,872.44	Total current liabilities	2,923.06	3,848.25
14,005.96	12,566.87	TOTAL EQUITY AND LIABILITIES	13,270.75	12,144.40

$\frac{1}{\alpha}$

CHANGE LINGTED $\delta$ $\overline{\mathcal{M}}$ S,

Consolidated Segment wise Revenue, Results and Capital Employed (In Lacs)
	Year Ended	Year Ended
Particulars	31.03.2019	31.03.2018
	Audited	Audited
1. Segment Revenue
a. Segment A- E-Governance services	12177.70	9936.01
b. Segment B-E-Governance Product sale	1620.18	947.43
c. Unallocated	0.00	0.00
Total	13797.88	10883.44
Less: Inter Segment Revenue
Net Sales/Income from Operations	13,797.88	10,883.44
2. Segment Results (Profit/loss before Tax and Interest from each Segment)
a. Segment A- E-Governance services	2326.53	2765.41
b. Segment B-E-Governance Product sale	281.16	157.02
c. Unallocated
Total	2607.69	2922.43
Less: i) Interest
ii) Other Un-allocated Expenditure net off	447.72	354.26
iii) Un-allocable Income
Total Profit Before Tax	2159.97	2568.17
3. Capital Employed
(Segment Assets-Segment Liabilities)
a. Segment A-E-Governance services Assets	12285.70	12221.13
a. Segment A-E-Governance services Liabilities	5690.32	6049.97
Capital Employed -Segment A	6595.38	6171.16
b. Segment B-E-Governance Product sale Assets	1720.26	345.69
b. Segment B- E-Governance Product sale Liabilities	970.09	203.35
Capital Employed -Segment B	750.16	142.34
Total	7345.55	6313.50

ä,

$\frac{1}{2}$

Plantiff LIMITED For

Segment wise Revenue, Results and Capital Employed (In Lacs)
	3 Months ended	Ouarter ended	Quarter Ended	Year Ended	Year Ended
Particulars	(31.03.2019)	[31.12.2018]	(31.03.2018)	31.03.2019	31,03.2018
	Audited	Unaudited	Unaudited	Audited	Audited
I. Segment Revenue
a. Segment A- E-Governance services	3799.65	3.183.38	2.394.79	11920.63	9816.09
b. Segment B-E-Governance Product sale	405.31	171.51	170.93	1075.94	917.08
c. Unallocated				0.00	0.00
Total	4,204.96	3,354.89	2,565.72	12,996.57	10,733.16
Less: Inter Segment Revenue
Net Sales/Income from Operations	4.204.96	3,354.89	2,565.72	12,996.57	10,733.16
2. Segment Results (Profit/loss before Tax and Interest from each Segment)
a. Segment A-E-Governance services	701.09	707.6	567.95	2291.52	2735.36
b. Segment B-E-Governance Product sale	46.51	18.26	12.06	122.34	159.34
c. Unallocated					$\mathbf{D}$
Total	747.60	725.86	580.01	2413.86	2894.70
Less: i} Interest					$\theta$
ii) Other Un-allocated Expenditure net off	100.98	99.97	146.17	368,96	353.94
iii) Un-allocable Income					$\mathbf{0}$
Total Profit Before Tax	646.62	625.89	433.84	2044.90	2540.76
3. Capital Emploved
[Segment Assets-Segment Liabilities]
a. Segment A-E-Governance services Assets.	12213.69	13715.05	11798.71	12213.69	11798.71
a. Segment A- E-Governance services Liabilities	5694.86	6952.55	567B.39	5694.86	5678.39
Capital Employed -Segment A	6518.83	6762.50	6120.32	6518.83	6120.32
b. Segment B- E-Governance Product sale Assets	1057.06	366.91	345.69	1057.06	345.69
b. Segment B- E-Governance Product sale Liabilities	335.53	112.28	203.35	335.53	203.35
Capital Employed -Segment B	721.53	254.63	142.34	721.53	142.34
Total	7240.36	7017.13	6262.65	7240.36	6262.65

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AND LIMITED For Vutil

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. LIMITED

26"I May, 2019

ofIndiaThe NationalStock ExchangeLtd.
Exchange Plaza, 5'h Floor,
Bandra -Kurla Complex,C-l, Block G,
Bandra (E),
Mumbai —400051
Phones: 022 -2659 8237,8238, 8347,8348
26598120Fax No: (022)
cmlist@nse.co.in
Code No. :ALANKITSecurity

ended 3151Margh, 21112.

Dear Sirs,

l, Perminder Singh, Chief Financial Officer of Alankit Limited do hereby declare that the Statutory Auditors of the Company i.e. M/s B.K. Shroff & Co., Chartered Accountants(FRN 302166E) has issued Audit Reports with unmodified opinion on the Standalone and Consolidated Financial Results of the Company for the financial year ended 31st March, 2019.

This Declaration is given in compliance to Regulation 33(3)(d) of SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015.

You are requested to kindly take this declaration on your records.

Thanking You.

Yours faithfully,

FOR ALANKIT LIMITED

PERMIND SINGH CHIEF FINANCIAL OFFICER

CIN : L74900DL1989PL0036860