Alankit Limited — Interim / Quarterly Report 2021

Aug 14, 2021

14% August, 2021

To, Department of Corporate Services Exchange Plaza, 5' Floor, P.J Towers, Dalal Street Bandra (E), Mumbai - 400001 Mumbai - 400051 Security Code No. : 531082 Security Code No. : ALANKIT

The General Manager The National Stock Exchange of India Ltd. Bombay Stock Exchange Limited C-1, Block G, Bandra - Kurla Complex,

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

Dear Sir,

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

• 1. The Board considered and adopted Unaudited Standalone Financial results of the company for the 01st Quarter ended 30 June, 2021 along with Limited Review Report.
• 1. The Board considered and adopted Unaudited Consolidated Financial Results of the Company for the 01st Quarter ended 30" June, 2021 along with Limited Review Report.
• 1. 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.
• 1. 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.
• 1. The Board approved the Director's report for the financial year ended on 31st March, 2021 and the Notice for convening Annual General Meeting for the FY 2020-21.
• 1. At the Board Meeting today, the Board of Directors also approved the convening of 324 Annual General Meeting of the Company on 27' September, 2021 at 10:00 a.m.
• 1. 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 01st July, 2021 which was accepted by the company in their meeting held on 12* July, 2021.

CIN : L74900DL1989PLC036860

Registered Office : 205-208, Anarkali Complex, Jnandewalan Extension, New Delhi -110055, India Corporate Office : Alankit House, 4E/2, Jnandewalan Extension, New Delhi -110055, india Phone : +91-11-4254 1234 / 2354 1234 | Fax: +91-11-2355 2001 | Website : www.alankit.in | email : info@alankit.com, investor@alankit.com

Listed on the National Stock Exchange (NSE) end the Bombay Stock Exchange (BSE)

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

AO to

RITU TOMAR COMPANY SECRETRY & COMPLIANCE OFFICER

N : L749D00DL1989PLC0368

Registered Office : 205-2 li Complex, Jhandewale: Corporate Office : A i 4E/2, Jnandewalan E id w De! 0055, India +91-11-4254 1234 / 2354 1234 | Fax: +91-1 8] | fi <a ankit.in | email : info@alankit.com, investor@alankit.com

3/7-B, Asaf Ali Road, B. K. SHROFF & CO. 'st Floor, Flat No. 4,

Chartered Accountants New Delhi - 110002. Phones : 23271407, 23284825, 23284826 23270362, 42831400 E-mail : bkshroffdelhi@yahoo.com bkshroffdelhi@rediff.com

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" 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').
• 1. 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.
• 1. 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.

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

". PARTNER Membership Number: 085128

Place: New Delhi Date: 14". August 2021 UDIN: 2)0 85128 AARP EU67EL

B. K. SHROFF & CO. tet Floor, Flat No.4

Chartered Accountants New Delhi - 110002. Phones : 23271407, 23284825, 23284826 23270362, 42831400 E-mail : bkshroffdelhi@yahoo.com bkshroffdelhi@rediff.com

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 ("the Parent") and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group"), for the quarter ended 30"June 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').
• 1. 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"), 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.
• 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. 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:
  • (i) Alankit Limited (Holding company)
  • (ii) Alankit Technologies Limited (Subsidiary)
  • (iii) Alankit Forex India Limited (Subsidiary)
  • (iv) Verasys Technologies Private Limited (Subsidiary)
  • (v) Alankit Insurance Broker Limited (Subsidiary)
  • (vi) Alankit Imagination Limited (Subsidiary)

B. K. SHROFF & CO. tot Flor Flat No. 4 Chartered Accountants New Delhi - 110002. Phones : 23271407, 23284825, 23284826 23270362, 42831400 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 misstatement.
• 1. The consolidated unaudited financial results include the interim financial results of one subsidiary which has not been reviewed by the auditor, 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°" june 2021, as considered in the consolidated unaudited financial results. 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 Regulations.

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

(Saajiv Aggarwa

PARTNER Membership Number: 085128

Place: New Delhi Date: 14" August 2021 UDIN: 21095128 APRA EV G59]

ALANKIT LIMITED
Regd. Office: 205-208, Anarkali Complex, Jnhandewalan Extension, New Delhi-110055
STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS		FOR THE QUARTER ENDED JUNE 30, 2021
Pardculatrs		Quarter ended		(% In Lacs except per share data)Year ended
	30.06.2021Unaudited	31.03.2021 30.06.2020Audited	Unaudited	31.03.2021Audited
IncomeRevenue from operations	2,503.86	2,351.63	2,591.02	10,319.69
Other Income (net)Total Income	4.812,508.67	73.042,424.67	2.832,593.85	110.3110,430.00
ExpensesPurchases of stock in trade	110.03	356.22	32.04	924.18
Changes in Inventories of stock in tradeEmployee benefits expenses	12.571,548.59	30.301,305.98	(0.40)1,507.86	32.806,030.84
Finance CostDepreciation & Amortisation expense	34.44179.32	41.38102.81	28.3878.62	158.27349.65
Other expensesTotal Expenses	259.302,144.25	428.952,265.65	578.012,224.51	1625.489,121.22
Profit before taxTax expenses:	364.42	159.02	369.34	1,308.78
Current taxEarlier Year Taxes	122.07-	5.49(5.58)	122.40-	379.32(101.01)
MAT credit receivableDeferred taxTotal Tax Expense	-(12.19)109.88	-60.4660.37	-(11.87)110.53	-24.41302.72
Net Profit for the period	254.54	98.65	258.81	1,006.06
Other Comprehensive Income / (Losses)Items that will not be reclassified subsequently to the statement of profit and loss
Remeasurement of defined employee benefit plansChanges in fair values of investments in equities carried at fair value through OCI	(12.21)	(98.73)	16.63	(48.85)
Income Tax on items that will not be reclassified subsequently to the statementItems that will be reclassified subsequently to the statement of profit and loss	3.56	28.75	(4.84)	14.22
Exchange differences in translating the financial statement of a foreign operationIncome Tax on items that will be reclassified subsequently to the statement of profit & Loss	=-	7	2-	-=
Total Other Comprehensive Income / (Losses) (net of tax)Total Comprehensive Income for the Period	(8.65)245.89	(69.98)28.67	11.79270.60	(34.62)971.44
Total Paid up share capital equity shares (Face value of Re. 1 each full paid)	1429.58	1429.58	1429.58	1429.58
Other Equity (Excluding Revaluation Reserves)Earning per equity share (face value Re.1/- each)Basic				7,820.23

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.

2. 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

3. 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.

4. 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 NKIT LIMITED YAS ET, INDEPENDENT DIRECTOR a A

Date : 14.08.2021 Place: New Delhi

STANDALONE SEGMENT INFORMATION FOR THE QUARTER ENDED JUNE 30, 2021(in Lacs)Quarter endedYear endedQuarter endedQuarter ended30.06.202131.03.202130.06.202031.03.2021ParticularsAuditedUnauditedUnauditedAudited1. Segment Revenuea. Sepment A- E-Governance services2577.842,378.111,994.909,412.66b. Segment B-E-Governance Product sale429.77130.561,017.3416.01c. Unallocated---:2,508.672,424.672,593.8510,430.00TotalLess: Inter Segment Revenue--Net Sales/Income from Operations2,508.672,424.6710,430.002,593.852. Segment Results (Profit/ loss before Tax and Interest from each Segment)a. Segment A- E-Governance services264.00581.39504.321,799.93b. Segment B-E-Governance Product sale36.45(27.99)13.70(3.56)c. Unallocated:-300.45577.83476.341,813.63Total34.0938.62155.20Less: i) Interest28.37ii) Other Un-allocated Expenditure net off179.32102.81349.6578.62iii) Un-allocable Income==Total Profit Before Tax364.42159.02369.351,308.783. Capital Employed(Segment Assets-Segment Liabilities)a. Segment A- E-Governance services Assets15,680.2015,081.4215610.3715,081.42a. Segment A- E-Governance services Liabilities6,566.686,238.817411.296,238.81Capital Employed -Segment A9,113.528,842.618,842.618,199.08b. Segment B- E-Governance Product sale Assets403.11457.14457.14671.42b. Segment B- E-Governance Product sale Liabilities20.9349.9449.9435.60Capital Employed -Segment B382.18407.20407.20635.829,495.709,249.819,249.818,834.91Total

Date : 14.08.2021 Place: New Delhi

For Aes wT XS / YASH JEBT BASRAR' INDEPENDENT DIRECTOR

ALANKIT LIMITED
Regd. Office: 205-208, Anarkali Complex, Jhandewalan Extension, New Delhi-110055STATEMENT OF CONSOLIDATED UNAUDITED FINANCIAL RESULTS			FOR THE QUARTER ENDED JUNE 30, 2021
ParticulaGs		Quarter ended		(% In Lacs except per share dataYear ended
Income	30.06.2021Unaudited	31.03.2021Audited	30.06.2020Unaudited	31.03.2021Audited
Revenue from operationsOther Income (net)	3,211.50243.08	2,796.72131.92	2,769.0255.91	11,501.10344.04
Total IncomeExpenses	3,454.58	2,928.64	2,824.93	11,845.14
Purchases of stock in tradeChanges in Inventories of stock in trade	180.5655.91	519.1217.61	54.9818.00	1,351.1224.54
Employee benefits expensesFinance Cost	1,636.9837.83	1,380.7343.80	1,583.1928.43	6,334.95163.37
Depreciation & Amortisation expenseOther expenses	202.05795.83	126.21621.10	100.36627.49	439.242,074.51
Total ExpensesProfit before tax	2,909.16545.42	2,708.57220.07	2,412.46412.48	10,387.731,457.41
Tax expenses:Current taxEarlier year taxes	(157.51)-	25.92(5.40)	133.94-	427.48(98.34)
MAT credit receivableDeferred tax	0.07(29.78)	(1.72)60.55	-2.22	(0.34)21.19
Total Tax ExpenseNet Profit for the period	(187.22)358.20	79.35140.71	136.16276.32	349.991,107.42
Other Comprehensive Income / (Losses)
Items that will not be reclassified subsequently to the statement of profit and lossRemeasurement of defined employee benefit plans	(11.86)	(97.68)	17.27	(47.45)
Changes in fair values of investments in equities carried at fair value through OCIIncome Tax on items that will not be reclassified subsequently to the statementItems that will be reclassified subsequently to the statement of profit and loss	3.46	28.46	-5.00	13.85
Exchange differences in translating the financial statement of a foreign operationIncome Tax on items that will be reclassified subsequently to the statement of profit & Loss	-=	=	e2	-
Total Other Comprehensive Income / (Losses) (net of tax)	(8.40)	(69.22)	12.27	(33.60)
Total Comprehensive Income for the Period	349.79	71.49	288.59	1073.82
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)	1429.58	1429.58	1429.58	1429.588002.10

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

3. 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 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 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.

5. 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.

For ALANKIT LIMITED

YASH JEET BASRAR INDEPENDENT DIRECTOR

CONSOLIDATED SEGMENT INFORMATION FOR THE QUARTER ENDED JUNE 30, 2021	Quarter ended	Quarter ended	Quarter ended	(in Lacs)Year ended
Particulars	30.06.2021Unaudited	31.03.2021Audited	30.06.2020Unaudited	31.03.2021Audited
1. Segment Revenuea. Segment A- E-Governance services	2,900.96	1,924.69	2,649.24	9,534.44
b. Segment B-E-Governance Product salec. Unallocated	553.62-	1,003.95-	175.69-	2,310.70-
TotalLess: Inter Segment Revenue	3,454.58	2,928.64-	2,824.93	11,845.14-
Net Sales/Income from Operations2. Segment Results (Profit/ loss before Tax and Interest from each Segment)	3,454.58	2,928.64	2,824.93	11,845.14
a. Segment A- E-Governance servicesb. Segment B-E-Governance Product sale	674.60110.04	90.92293.98	540.730.47	1,704.36347.49
c. UnallocatedTotal	-784.64	:384.90	-541.20	-2,051.85
Less: i) Interest	37.17	38.62	28.37	155.20
ii) Other Un-allocated Expenditure net offiii) Un-allocable Income	202.05-	126.21-	100.36-	439.24-
Total Profit Before Tax3. Capital Employed	545.42	220.07	412.47	1,457.41
(Segment Assets-Segment Liabilities)a. Segment A- E-Governance services Assets	24,862.99	15,117.89	15672.07	15,117.89
a. Segment A- E-Governance services LiabilitiesCapital Employed -Segment A	15,785.179,077.82	6,370.898,747.00	7517.568,154.51	6,370.898,747.00
b. Segment B- E-Governance Product sale Assetsb. Segment B- E-Governance Product sale Liabilities	1,536.95428.07	1,423.61333.46	1561.61378.42	1,423.61333.46
Capital Employed -Segment B;Total	1,108.8810,186.70	1,090.159,837.15	1,183.199,337.70	1,090.159,837.15

For. PARATED

Date : 14.08.2021 Place: New Delhi

YASH JEET BASRAR INDEPENDENT DIRECTOR