Alankit Limited — Interim / Quarterly Report 2021

Aug 14, 2021

. LIMITED

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14th August, 2021

To, The General Manager The National Stock Exchange of India Ltd. Department of Corporate Services Exchange Plaza, 5[th ] Floor, Bombay Stock Exchange Limited C-1, Block G, Sandra - Kurla Complex, P.J Towers, Dalal Street Sandra (E), Mumbai - 400001 Mumbai - 400051 Security Code No.: 531082 Security Code No. : ALANKIT

Sub: Outcome of the meeting of Board of Directors of the Company held today. the 14[th] August, 2021 at 03:00 P.M.

Dear Sir,

We are pleased to inform you thatthe Board of Directors of the company at its meeting held on 14[th] August, 2021, have considered the following businesses:

1. The Board considered and adopted Unaudited Standalone Financial results of the company for the 01[st ] Quarter ended 30[th ] June, 2021 along with Limited Review Report.

2. The Board considered and adopted Unaudited Consolidated Financial Results of the Company for the 01[st ] Quarter ended 30[th ] June, 2021 along with Limited Review Report.

3. The Board recommend final dividend for the financial year 2020-21 @ 20% at the rate of Re. 0.20 Per Equity Shares of Re. 1/- each and the same will be payable after it is approved by the shareholders at the ensuing Annual General Meeting.

4. To board considered the omnibus approval for related party transactions to be entered with group companies subject to the approval of shareholders in the ensuing Annual General Meeting.

5. The Board approved the Director's report for the financial year ended on 31[st ] March, 2021 and the Notice for convening Annual General Meeting for the FY 2020-21.

6. At the Board Meeting today, the Board of Directors also approved the convening of 32[nd] Annual General Meeting of the Company on 27th September, 2021 at 10:00 a.m.

7. The Board took note of Resignation of Mr. Alok Kumar Agarwal from the post of Chairman and Director of the Company vide resignation letter dated 01[st ] July, 2021 which was accepted by the company in their meeting held on 12[th ] July, 2021.

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CIN : L74900DL1989PLC036860
Regist e red Office: 205-208, Anar kali Complex, Jhandewalan Extens ion, New Delhi -110055, India
Corporate Office : Alankit House, 4E/ 2, Jh and ewalan Ext ension, New Delhi -110055, India
Phone : +91-11-4254 1234 / 2354 1234 I Fax: +91-11-2355 2001 I Website : www.al an kit.in I email : info @a lankit .com, invest or@alankit.com
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Listed on the Nati onal Stoc k Exchange (NSE) and the Bombay St ock Exchange (BSE)

U MITED

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The meeting of the Board of Directors commenced at 03.00 P.M. and concluded at 03:45 P.M.

You are requested to take note of the same.

Sincerely Yours

FOR ALANKIT LIMITED

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RITUTOMAR COMPANY SECRETRY & COMPLIANCE OFFICER

CIN : L74900Dll989PLC036860 Regist ered Office : 205-208, Ana rk ali Complex, Jh andewa lan Ext en ion, New Delhi -1100 55, India Corporate Office: Alankit House, 4E/ 2, Jhand ewalan Extens on New Delhi -110055, India Phone : +91-1 1-4254 1234 / 2354 1234 I Fax : +91-11-2355 2001 I Website : www.a l an k .i n I email : in fo@alankit.com, investor@a lankit.com List ed on the Nati onal St ock Exchange (NSE) and the Bomba y St ock Exchange (BSE)

3/7-8, Asaf Ali Road, 1st Floor, Flat No. 4, New Delhi - 110002. Phones: 23271407,23284825,23284826 23270362,42831400 E-mail : bkshroffdelhi@yahoo.com bkshroffdelhi@rediff.com

B. K. SHROFF & CO. Chartered Accountants

Auditor's Review Report on Quarterly Financial Results and Year to Date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

To The Board of Directors of Alankit Limited

1. We have reviewed the accompanying statement of unaudited standalone financial results of Alankit Limited for the period ended 30[th] June 2021attached herewith, being submitted by the company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended ('the Regulation').

2. The preparation of the statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, is the responsibility of the '

Company s Management and has been approved by the Board of Directors of the company. Our responsibility is to issue a report on these financial statements based on our review.

1. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the "

Independent Auditor of the Entity , issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.

1. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.

2. The Statement includes the results for the quarter ended March 31, 2021 being the balancing figure between the audited figures in respect of the full financial year ended March 31,2021 and the published unaudited year-to-date figures up to the third quarter of that financial year , which were subjected to a limited review by us, as required under the listing Regulations .

Place: New Delhi Date: 14[th] August 2021 UDIN: '.2.l1>8s,m AAAAEur:.7Bt

For B. K. Shroff & Co Chartered Accountants 30216E 7 ,s Membership Number: 085128

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Kolkata Address: 23-A, Netaji Subhash Road, Kolkata - 700001 o Phones : 22300751, 22300752□ Fax: 22300680

3n-B, Asaf Ali Road, 1st Floor, Flat No. 4, New Delhi - 110002. Phones: 23271407,23284825,23284826 23270362,42831400 E-mail : bkshroffdelhi@yahoo.com bkshroffdelhi@rediff.com

Chartered Accountants

B. K. SHROFF & CO.

Independent Auditor's Review Report on Consolidated Unaudited Quarterly and Year to Date Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

To

The Board of Directors of Alankit Limited

1. We have reviewed the accompanying Statement of Consolidated Unaudited Financial Results of Alankit Limited nhe Parent") and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group"), for the quarter ended 30[th] Jun e 2021 attached herewith, being submitted by the company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended ('the Regulation').

2. This Statement, which is the responsibility of the Parent's Management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"L prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.

3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of Indi a. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable.

1. The Statement includes the results of the following entities:

2. (i) Alankit Limited (Holding company)

3. (ii) Alankit Technologies Limited (Subsidiary)

4. (iii) Alankit Forex India Limited (Subsidiary)

5. (iv) Verasys Technologies Private Limited (Subsidiary)

6. (v) Alankit Insurance Broker Limited (Subsidiary)

7. (vi) Alankit Imagination Limited (Subsidiary)

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Kolkata Address : 23-A, Netaji Subhash Road, Kolkata - 700001 □ Phones : 22300751, 22300752 □ Fax : 22300680

3/7-B, Asaf Ali Road, 1st Floor, Flat No. 4, New Delhi - 110002. Phones: 23271407,23284825,23284826 23270362,42831400

B. K. SHROFF & CO. Chartered Accountants

E-mail : bkshroffdelhi@yahoo.com bkshroffdelhi@rediff.com

1. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misst ate ment.

2. The consolidated unaudited financial results include the interim financial results of one subsidiary which has not been reviewed by the a udito r, whose interim financial results reflect total revenue of Rs.561.33 lakhs, total net profit after tax of Rs.67.46 lakhs and total comprehensive income of Rs . 67.51 lakhs for the quarter ended 30[th] June 2021, as considered in the consolidated unaudited financial result s. These interim financial results are certified by the management and are not material to the Group.

Our conclusion on the Statement is not modified in respect of the above matter.

1. The Statement includes the results for the quarter ended March 31, 2021 being the balancing figures between the audited figures in respect of the full financial year ended March 31, 2021 and the published unaudited year-to-date figures up to the end of the third quarter of that financial year, which were subjected to a limited review by us, as required under the Listing Regulation s.

Place: New Delhi Date: 14[th] August 2021 UDIN: 2.108 :f'fl.8 '414AA-EV8S.9I

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For B K Shroff & Co Chartered Accountants Firm Registration No. 30216E ( PARTNER

Membership Number : 085128

Kolkata Address : 23-A, Netaji Subhash Road, Kolkata - 700001 □ Phones : 22300751, 22300752 □ Fax : 22300680

ALANKIT LIMITED	ALANKIT LIMITED	ALANKIT LIMITED	ALANKIT LIMITED	ALANKIT LIMITED
Regd. Office: 205-208,Anarkali Complex,Jhandewalan Extension,New Delhi-110055
STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THEQUARTER ENDED JUNE 30, 2021
Particulatrs	~~r~~In Lacs exce itper share data)
	Quarter ended			Year ended
	30.06.2021	31.03.2021	30.06.2020	31.03.2021
	Unaudited	Audited	Unaudited	Audited
Income Revenue from operations Other Income (net) Total Income Expenses Purchases of stock in trade Changes in Inventories of stock in trade Employee benefits expenses Finance Cost Depreciation&Amortisation expense Other expenses Total Expenses Profit before tax Tax expenses: Current tax Earlier Year Taxes MAT credit receivable Deferred tax Total Tax Expense Net Profit for the period Other Comprehensive Income/ (Losses) Items that will not be reclassified subsequently to the statement of profit and loss Remeasurement of defined employee benefit plans Changes in fair values of investments inequitiescarried at fair value through OCl Income Tax on items that will not be reclassifiedsubsequentlyto the statement Items that will he reclassified subsequently to the statement of profit and loss Exchangedifferences in translating the financial statement of a foreignoperation Income Tax on items that will be reclassified subsequently to the statement of profit&Loss Total Other Comprehensive Income/ (Losses) (net of tax) Total Comprehensive Income for the Period TotalPaid up share capital equity shares (Face value of Re.1 each full paid) Other Equity (Excluding Revaluation Reserves) Earning per equity share (face value Re.1/- each) Basic Diluted	2,503.86 4.81	2,351.63 73.04	2,591.02 2.83	10,319.69 110.31
	2,508.67	2,424.67	2,593.85	10,430.00
	110.03 12.57 1,548.59 34.44 179.32 259.30	356.22 30.30 1,305.98 41.38 102.81 428.95	32.04 (0.40) 1,507.86 28.38 78.62 578.01	924.18 32.80 6,030.84 158.27 349.65 1625.48
	2,144.25	2,265.65	2,224.51	9,121.22
	364.42 122.07 - - (12.191	159.02 5.49 (5.58) - 60.46	369.34 122.40 - - (11.871	1,308.78 379.32 (101.01) 24.41
	109.88	60.37	110.53	302.72
	254.54 (12.21) 3.56 - - (8.65)	98.65 (98.73) 28.75 (69.98)	258.81 16.63 (4.84) - - 11.79	1,006.06 (48.85) 14.22 - - (34.62)
	245.89	28.67	270.60	971.44
	1429.58 0.18 0.18	1429.58 0.07 0.07	1429.58 0.18 0.18	1429.58 7,820.23 0.70 0.70

1. The above standalone unaudited financial results of the company for the quarter ended June 30,2021 have been reviewd by the audit committee and approved by the board at their respective meetings held on 14th August, 2021.

1. The Financial Results of the Company have been prepared in accordence with the Indian Accounting Standards (IND AS) as prescribed under section 133 of the Companies Act 2013

2. Following outbreak of COVID-19 pandemic globally and in India, the company has adopted measures to curb the spread of infections in order to protect of its employees and business continuity with minimal disruption. Considering that the company is in the business of e-governance services, the company's operations have not been much impacted and all its services are operating normally. The impact of the global health pandemic may be different from that estimated as at the date of approval of these consolidated financial results and the management will continue to closely monitor any material changes to future economic conditions.

3. The code on Social Security, 2020 ("CODE") relating to employee benefits during employement and post employement benefits received Presidential assent in September 2020. The code has been published in the Gazette of India. However, the date on which the code will come into effect has not been notified. The company will assess the impact of the code when it comes into effect and will record any related impact in the period the code becomes effective.

5. The company's business activities falls in to the following Segment: Product and Service, therefore segment reporting as per Ind AS-108 is furnished.

6. Figures have been re-grouped/ re-classified to make them comparable to the current figures whereever necessary.

For KIT LIMITED

YAS ET INDEPEND CTOR

Date: 14.08.2021 Place: New Delhi

STANDALONE SEGMENT INFORMATION FOR THE QUARTER ENDED IUNE30, 2021	STANDALONE SEGMENT INFORMATION FOR THE QUARTER ENDED IUNE30, 2021	STANDALONE SEGMENT INFORMATION FOR THE QUARTER ENDED IUNE30, 2021	nin Lacs)	nin Lacs)
Particulars	Quarter ended 30.06.2021	Quarter ended 31.03.2021	Quarter ended 30.06.2020	Year ended 31.03.2021
	Unaudited	Audited	Unaudited	Audited
1.Segment Revenue
a. Segment A- E-Governance services	2,378.11	1,994.90	2577.84	9,412.66
b. Segment B-E-Governance Product sale	130.56	429.77	16.01	1,017.34
~~c. Unallocated~~	-	-		~~-~~
Total	2,508.67	2,424.67	2,593.85	10,430.00
~~Less: Inter Segment Revenue~~		~~-~~		~~-~~
Net Sales/Income from Operations	2,508.67	2,424.67	2,593.85	10,430.00
2. Segment Results (Profit/ loss before Tax and Interest from each Seementl
a. Segment A- E-Governance services	581.39	264.00	504.32	1,799.93
b. Segment B-E-Governance Product sale	(3.56)	36.45	(27.991	13.70
c. Unallocated		-		-
Total	577.83	300.45	476.34	1,813.63
~~Less:ilInterest~~	~~34.09~~	~~38.62~~	~~28.37~~	~~155.20~~
ii1Other Un-allocated Expenditure net off	179.32	102.81	78.62	349.65
iiilUn-allocable Income		-		-
Total Profit Before Tax	364.42	159.02	369.35	1,308.78
3. Capital Emploved
I[Segment Assets-Segment Liabilitiesl
a. Segment A- E-Governance services Assets	15,680.20	15,081.42	15610.37	15,081.42
a. Segment A- E-Governance services Liabilities	6,566.68	6,238.81	7411.29	6,238.81
Canital Emoloved -Se11ment A	9,113.52	8,842.61	8,199.08	8,842.61
~~b. Segment B- E-Governance Product sale Assets~~	~~403.11~~	~~457.14~~	~~671.42~~	~~457.14~~
b.Segment B- E-Governance Product sale Liabilities	20.93	49.94	35.60	49.94
Caoital Emoloved -Seament B	382.18	407.20	635.82	407.20
Total	9,495.70	9,249.81	8,834.91	9,249.81

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Date: 14.08.2021 Place: New Delhi

ALANKIT LIMITED	ALANKIT LIMITED	ALANKIT LIMITED	ALANKIT LIMITED	ALANKIT LIMITED
Regd. Office: 205-208,Anarkali Complex,fhandewalan Extension,New Delhi-110055
STATEMENT OF CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2021
Particulatrs	~~n:~~In Lacs exceot oer share data)
	l)uarter ended			Year ended
	~~30.06.2021~~	~~31.03.2021~~	~~30.06.2020~~	~~31.03.2021~~
	Unaudited	Audited	Unaudited	Audited
Income Revenue from operations Other Income (net) Total Income Expenses Purchases of stock in trade Changes in Inventories of stock in trade Employee benefits expenses Finance Cost Depreciation & Amortisation expense Other expenses Total Expenses Profit before tax Tax expenses: Current tax Earlier year taxes MAT credit receivable Deferred tax Total Tax Expense Net Profit for the period Other Comprehensive Income/ (Losses) Items that will not be reclassllled subsequently to the statement of profit and loss Remeasurement of definedemployeebenefit plans Changes in fairvalues of investmentsin equities carriedatfairvaluethrough OCI Income Taxonitems that will not be reclassified subsequently to the statement Items that will be reclassllled subsequently to the statement of profit and loss Exchangedifferences in translating the financial statement of a foreign operation Income Tax on items thatwillbe reclassified subsequently to thestatementof profit & Loss Total Other Comprehensive Income/ (Losses) (net of tax) Total Comprehensive Income for the Period Total Paid up share capital equity shares (Face value of Re. 1 each full paid) Other Equity (Excluding Revaluation Reserves) Earning per equity share (face value Re.1/- each) Basic Diluted	3,211.50 243.08	2,796.72 131.92	2,769.02 55.91	11,501.10 344.04
	3,454.58	2,928.64	2,824.93	11,845.14
	180.56 55.91 1,636.98 37.83 202.05 795.83	519.12 17.61 1,380.73 43.80 126.21 621.10	54.98 18.00 1,583.19 28.43 100.36 627.49	1,351.12 24.54 6,334.95 163.37 439.24 2,074.51
	2,909.16	2,708.57	2,412.46	10,387.73
	545.42 (157.51) - 0.07 f29.781	220.07 25.92 (5.40) (1.72) 60.55	412.48 13 3.94 - - 2.22	1,457.41 427.48 (98.34) (0.34) 21.19
	[187.22)	79.35	136.16	349.99
	358.20 (11.86) 3.46 - -	140.71 (97.68) 28.46 -	276.32 17.27 -5.00 - -	1,107.42 (47.45) 13.85 -
	(8.40)	(69.22)	12.27	(33.601
	349.79 1429.58 0.25 0.25	71.49 1429.58 0.10 0.10	288.59 1429.58 0.19 0.19	1073.82 1429.58 8002.10 0.77 0.77

1. The above Consolidated unaudited financial results of the group for the quarter ended June 30,2021 have been reviewd by the audit committee and approved by the board at their respective meetings held on August 14, 2021.

2. The Financial Results of the Group have been prepared in accordence with the Indian Accounting Standards (IND AS) as prescribed under section 133 of the Companies Act 2013

1. Following outbreak of COVID-19 pandemic globally and in India, the group has adopted measures to curb the spread of infections in order to protect of its employees and business continuity with minimal disruption. Considering that the group is in the business of e-governance services, the group's operations have not been much impacted and all its services are operating normally. The impact of the global health pandemic may be different from that estimated as at the date of approval of these consolidated financial results and the management will continue to closely monitor any material changes to future economic conditions.

4. The code on Social Security, 2020 ("CODE") relating to employee benefits during employement and postemployement benefits received Presidential assent in September 2020. The code has been published in the Gazette of India. However, the date on which the code will come into effect has not been notified. The group will assess the impact of the code when it comes into effect and will record any related impact in the period the code becomes effective.

1. Alankit Imaginations Limited one of the subsidiary of the Holding group has acquired Broking Segment from Alankit Assignments Limited w.e.f April 1, 2021

6. The Group's business activities falls in to the following Segment: Product and Service, therefore segment reporting as per Ind AS-108 is furnished.

7. Figures have been re-grouped/ re-classified to make them comparable to the current figures whereever necessary.

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YASH JEET BASRAR INDEPENDENT DIRECTOR

Date: 14.08.2021 Place: New Delhi

CONSOLIDATED SEGMENT INFORMATION FOR THEQUARTER ENDED JUNE 30, 2021	CONSOLIDATED SEGMENT INFORMATION FOR THEQUARTER ENDED JUNE 30, 2021		£{ in Lacs)	£{ in Lacs)
Particulars	Quarter ended 30.06.2021	Quarter ended 31.03.2021	Quarter ended 30.06.2020	Year ended 31.03.2021
	Unaudited	Audited	Unaudited	Audited
1. Se1?ment Revenue
a. Sel?ment A- E-Governance services	2,900.96	1,924.69	2,649.24	9,534.44
b.Se1?ment 8-E-Governance Product sale	553.62	1,003.95	175.69	2,310.70
c.Unallocated	-	-	-	-
Total	3,454.58	2,928.64	2,824.93	11,845.14
Less: Inter Se1?ment Revenue		-		-
Net Sales/Income from Operations	3,454.58	2,928.64	2,824.93	11,845.14
2. Sel!ment Results(Profit/ loss before Tax and Interest from each Sel!ment)
a.Se1?ment A- E-Governance services	674.60	90.92	540.73	1,704.36
b. Sel?ment 8-E-Governance Product sale	110.04	293.98	0.47	347.49
c.Unallocated	-	-		-
Total	784.64	384.90	541.20	2,051.85
Less:~~n~~Interest	37.17	38.62	28.37	155.20
ii)Other Un-allocated Expenditure net off	202.05	126.21	100.36	439.24
iii) Un-allocable Income	-	-		-
Total Profit Before Tax	545.42	220.07	412.47	1,457.41
3.Capital Employed
[Se1?ment Ass ets-Se1?ment Liabilities)
a. Sel!mentA- E-Governance services Assets	24,862.99	15,117.89	15672.07	15,117.89
a. SegmentA-E-Governance services Liabilities	15,785.17	6,370.89	7517.56	6,370.89
Capital Employed -Seement A	9,077.82	8,747.00	8,154.51	8,747.00
b.Se1?ment 8- E-Governance Product sale Assets	1,536.95	1,423.61	1561.61	1,423.61
b.Se1?ment 8- E-Governance Product sale Liabilities	428.07	333.46	378.42	333.46
Capital Emoloved -SeITT11ent B	1,108.88	1,090.15	1,183.19	1,090.15
Total	10,186.70	9,837.15	9,337.70	9,837.15

Fo

YASHJEET INDEPENDENT DIRECTOR

TED

Date: 14.08.2021 Place: New Delhi