Archies Ltd. — Interim / Quarterly Report 2021

Feb 10, 2021

Date: io" February, 2021

1) Asst. President,	2) The Listing Department,
Listing Department,	CorporateRelationshipDepartment,
NationalStock Exchange of India Limited,	BSELimited,
Exchange Plaza, C-l, Block-G,	t"Floor, New TradingWing,P.J. Towers,
Bandra Kurla Complex,	Dalal StreetFort, Mumbai-400001
Bandra (East),Mumbai-400051
Scrip 10 - ARCHIES	Scrip Code - 532212

Sub: Submission of Outcomes of Board Meeting and Un-Audited Financial Results for the quarter and nine months ended 31st December, 2020

• 1. Intimation and disclosure under Regulations 30 & 33 of SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015 for Un-Audited Financial Results and Limited Review Report for the quarter and nine months ended 31.12.2020
• 1. Appointment of NSP& Associates, Practicing Company Secretaries, with immediate effect to issue Annual Secretarial Compliance Report for the Financial Year 2020-21 as per the Regulation 24A of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015 read with Circular No. CIR/CFD/CMDl/27/2019 dated February 08, 2019 issued by Securities and Exchange Board of India and other applicable provisions thereto
• 1. Appointment of NSP& Associates, Practicing Company Secretaries with immediate effect to issue Reconciliation of Share Capital Audit Report on quarterly basis for the Financial Year 2021-22 as per the Regulation 76 of SEBI (Depositories and Participants) Regulations, 1996 and any other provision applicable thereto

Dear Sir/ Madam,

Pursuant to Regulation 30 and 33 of the SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors of Archies Limited ("Company") in its meeting held today approved the Un-Audited Financial Results (Standalone) for the Quarter and nine months ended 31" December, 2020 of the Company as per Indian Accounting Standards (IND-AS) along with the Limited Review Report. Copy of the results along with the Limited Review Report of Statutory Auditors is attached herewith for your perusal.

Further due to the applicable provisions of SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Companies Act, 2013, following approvals has been accorded in Board Meeting held today:

• 1. Appointment of NSP& Associates, Practicing Company Secretaries, with immediate effect to issue Annual Secretarial Compliance Report for the Financial Year 2020-21 as per the Regulation 24A of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015 read with Circular No. CIR/CFD/CMDl/27/2019 dated February 08, 2019 issued by Securities and Exchange Board of India and other applicable provisions thereto
• 1. Appointment of NSP& Associates, Practicing Company Secretaries with immediate effect to issue Reconciliation of Share Capital Audit Report on quarterly basis for the Financial Year 2021-22 as per the Regulation 76 of SEBI (Depositories and Participants) Regulations, 1996 and any other provision applicable thereto

The above information will also be available on the Company's Website, www.archiesonline.com .

The meeting of the Board of Directors commenced on 12:00 Noon and concluded at 01:17 P.M.

Pleasetake the above on records.

Thanking you.

Yours sincerely .. ~.

ARCHIES LIMITED

C -113, NARAINA INDUSTRIAL AREA, PHASE -1, NEW DELHI-11 0028 (INDIA), CIN : L36999HR1990PLC041175 TEL.: 91-11- 4141 סס00, 41412222, Fax: 91-11- 4141 0060, Email : archies@archiesonline.com, Website: www.archiesonline.com REGISTERED OFFICE: PLOT NO. 191- F,SECTOR - 4, I.M.T. MANESAR, GURUGRAM -122050, HARYANA (INDIA)

Archies

ARCHIES LIMITED

Statement of Unaudited financial results for the Quarter and Nine Months ended 31 December 2020

								(₹ in Lakhs)
		PARTICULARS		Quarter Ended			Nine Months Ended
S.No.					30.09.2020 31.12.2019	31.12.2020 31.12.2019		31.03.2020
				Unaudited	Unaudited	Unaudited	Unaudited	Audited
łШШ	a.b.	Income:Income from OperationsOther Operating IncomeRevenue from operationsOther IncomeTotal Income (I + II)	1947.4839.311986.79812.722799.51	1250.9322.171273.10686.331959.43	4031.17118.454149.6249.184198.80	3352.6463.093415.731961.555377.28	10552.21318.5410870.75138.1411008.89	13541.59390.2013931.79177.1914108.98
IV	a.b.C.d.е.f.g.h.	ExpensesCost of Materials ConsumedPurchase of Stock-in-TradeChanges in inventories of finished goods,work-in-progress and stock-in-tradeEmployee benefits expenseFinance costsDepreciation and amortisation expenseRentOther expensesTotal Expenses	168.54378.28271.63348.57195.05422.1726.69823.072634.00	267.24203.10(201.43)295.81188.72438.4437.54690.701920.12	260.671430.3517.60744.44530.09911.66(344.80)853.474403.48	465.91583.5864.94822.64595.581323.7895.621660.615612.66	805.974253.35(908.63)2360.60773.991590.55360.492644.4211880.74	1041.104789.46(707.43)3029.22958.411842.01639.613538.5115130.89
		Profit / (Loss) before exceptional and extraordinary
$\mathsf{V}$VI		items and tax (III - IV)Exceptional Items	165.500.00	39.310.00	(204.68)0.00	(235.38)0.00	(871.85)0.00	(1021.91)0.00
VII		Profit / (Loss) before extraordinary items and$tax (V - VI)$	165.50	39.31	(204.68)	(235.38)	(871.85)	(1021.91)
VIIIIX$\boldsymbol{\mathsf{x}}$		Extraordinary ItemsProfit / (Loss) before tax (VII - VIII)Tax expense:	0.00165.50	0.0039.31	0.00(204.68)	0.00(235.38)	0.00(871.85)	0.00(1021.91)
	a.b 1C.d.	Current taxDeferred taxMAT Credit Entitlement(Excess)/ Short Provision for taxes for earlier years	0.0037.480.00(0.00)	0.00(25.28)0.000.00	0.00301.260.000.00	0.00(108.81)0.000.10	0.00107.320.000.00	0.00(312.43)0.008.10
XIXII	А.	Profit / (Loss) for the period (IX - X)Other Comprehensive IncomeItem that will not be reclassified subsequently to profitor loss	128.02	64.59	(505.94)	(126.66)	(979.17)	(717.58)
		Remeasurements Gains / (Losses) of defined benefit plans	(15.55)	(12.96)	(2.61)	(38.87)	(10.44)	(102.10)
	В.	Income tax on aboveChanges in revaluation surplus (Disposal Of Land)Income tax on aboveItems that will be reclassified subsequently to profit or	4.33(30.49)4.010.00	3.610.000.00	0.540.000.000.00	10.81(30.49)4.010.00	2.710.000.000.00	28.400.000.000.00
		lossIncome tax relating to items that will be reclassifiedsubsequently to profit or lossTotal of Other Comprehensive income	0.00(37.70)	0.00(9.35)	0.00(2.07)	(54.53)	0.00(7.73)	0.00(73.70)
XIII		Total Comprehensive income for the period (XI+XII)	90.32	55.24	(508.01)	(181.19)	(986.90)	(791.28)
XIVXV		(Comprising Profit and Other Comprehensive Income for theperiod)Paid up Equity Capital (Face Value of Rs. 2/- each)Reserves excluding revaluation reserves	675.62	675.62	675.62	675.62	675.62	675.629,022.86
XVI		Earning Per Share (EPS) in Rs. (Not Annualised)a. Basicb. Diluted	0.380.38	0.190.19	(1.50)(1.50)	(0.37)(0.37)	(2.90)(2.90)	(2.12)(2.12)

See accompanying notes to the financial results

ARCHIES LIMITED

C-113, NARAINA INDUSTRIAL AREA, PHASE 1, NEW DELHI-110028 (INDIA), CIN: L36999HR1990PLC041175C-113, NARAINA INDUSTRIAL AREA, PHASE 1, NEW DELHI-110028 (INDIA), CIN: L36999HR1990PLC041175REGISTERED OFFICE : PLOT-NO_191-F,

NEW

$\cup$

ARCHIES LIMITED

Segment wise Revenue, Results and Capital Employed

							$(3 \in \mathsf{In}$ Lakhs)
		Quarter Ended			Nine Months Ended	Year Ended
S.No.	Particulars	31.12.2020	30.09.2020	31.12.2019	31.12.2020	31.12.2019	31.03.2020
		Unaudited	Unaudited	Unaudited	Unaudited	Unaudited	Audited
$\mathbf{1}$	Segment Revenue
a	Greeting Cards	184.18	99.74	497.97	292.73	1,368.75	1,816.98
b	Stationery	608.51	450.90	892.49	1,104.71	2,075.19	2,678.36
c	Gifts	1,062.58	629.37	2,537.88	1,776.23	6,888.78	8,756.30
d	Others	92.21	70.92	102.83	178.97	219.49	289.95
	Total	1,947.48	1,250.93	4,031.17	3,352.64	10,552.21	13,541.59
Less:	Inter Segment Revenue
	Less: Inter Segment Revenue
	Net Sales / Income from Operations	1,947.48	1.250.93	4,031.17	3.352.64	10,552.21	13,541.59
$\overline{2}$	Seament Results
	Profit / (Loss) before tax and finance costs
a	Greeting Cards	41.39	1.22	85.46	30.06	66.74	161.88
b	Stationery	250.67	204.09	96.74	452.06	162.24	350.67
$\overline{c}$	Gifts	21.22	27.42	27.26	(83.19)	(125.70)	(262.12)
d	Others	31.26	4.44	6.80	32.06	11.58	40.48
	Total	344.54	237.17	216.26	430.99	114.86	290.91
	Less: i) Finance Costs	195.06	188.73	530.09	595.58	773.99	958.41
	ii) Other Un-allocable Expenditure	(16.03)	9.13	(109.15)	70.79	212.73	354.41
	net off Un-allocable Income
	Total Profit Before Tax	165.50	39.31	(204.68)	(235.38)	(871.85)	(1,021.91)
3	Capital Employed
	(Segment Asset - Segment Liabilities)
a	Seament Assets	19,786.64	21,512.62	24,838.66	19,786.64	24,838.66	22,841.58
b	Segment Liabilities	8,931.79	10.774.58	14,032.75	8,931.79	14,032.75	11,832.00
	Capital Employed	10,854.85	10,738.04	10,805.91	10,854.85	10,805.91	11,009.58
	Total	10,854.85	10,738.04	10,805.91	10,854.85	10.805.91	11,009.58

Notes

The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 10 February 2021. $\mathbf{1}$

These financial results have been prepared in accordance with the Companies (Indian Accounting Standards) Rule, 2015 prescribed under Section 133 of the $\mathbf 2$ Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable.

Due to the nature of business and common manufacturing facilities for various segments, a reasonable allocation of Capital Employed to various segments is 3 currently not practicable.

The Statutory Auditors have carried a Limited Review of the above unaudited financial results. 4

Previous year's figures have been rearranged and regrouped, wherever necessary. 5

The Outbreak of corona virus (COVID 19) pandemic globally and in India is causing significant disturbance and slowdown of economic activity. The company 6 operations and revenue during the period were impacted due to COVID-19. The company has taken into account the possible impact of COVID-19 in preparation of the unaudited financial results, including its assessment of recoverable value of its assets based on internal and external information upto the date of approval of these unaudited finanacial results and current indicators of future economic conditions.

Date: 10 February 2021 Place: New Delhi

and on behalf of the Board DELHI Anil Moolchandani (Chairman & Managing Director) DIN-00022693

ARCHIES LIMITED

C-113, NARAINA INDUSTRIAL AREA, PHASE-1, NEW DELHI-110028 (INDIA), CIN: L36999HR1990PLC041175 TEL: 91-11-41410000, 41412222, Fax: 91-11-41410060, Email: archies@archiesonline.com, Website: www.archiesonline.com LALT MANIFOAD OUDLICDAM 199050 HARVANIA (INDIA) $TCD$

J.P., KAPUR & UBERAI

CHARTERED ACCOUNTANTS

LOWER GROUND FLOOR SAFDARJUNG $C - 4/5$ DEVELOPMENT AREA 110016 NEW DELHI 49562700 PHONES: $(20 \text{ lines})$ TELEFAX: 26511158

info@jpku.com E-MAIL:

LIMITED REVIEW REPORT

REVIEW REPORT TO THE BOARD OF DIRECTORS ARCHIES LIMITED

• 1. We have reviewed the accompanying statement of unaudited financial results of ARCHIES LIMITED ("the Company"), 191F, Sector-4, IMT Manesar, Gurugram, Haryana-122050 for the quarter ended December 31, 2020 and year to date from April 01, 2020 to December 31, 2020 ("the Statement"). This statement is the responsibility of the Company's Management and has been approved by the Board of Directors. Our responsibility is to issue a report 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. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the 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 accompanying statement of unaudited financial results prepared in accordance with applicable Indian Accounting Standards ("Ind AS") and other recognised 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.

For and on behalf of J. P., KAPUR & UBERAI Chartered Accountants (Firm Registration No. 000593N)

Hkhuane

H. S. Khurana PARTNER (Membership No. 017779) UDIN: $2101$ 7779AAAABK1745

Place: New Delhi Date: $10 - 02 - 2021$