Batliboi Ltd — Audit Report / Information 2024

May 27, 2024

Batliboi Ltd.

Legal & Secretarial Department Regd. & Corporate Office : Bharat House, 5lh Floor, 104, Bombay Samachar Marg, Fort, Mumbai - 400 001. India

Phone : +91 (22) 6637 8200 Fax :+91 (22)2267 5601 E-mail : 1egal@balliboi.com Web : www.batliboi.com CIN ■ L52320MH1941PLC003494

==> picture [63 x 11] intentionally omitted <==

----- Start of picture text -----

BATLIBOI
----- End of picture text -----

Scrip Code: 522004

27*^ May, 2024

Dear Sir / Madam,

Subject: Outcome of Board Meeting No. 1/2024-25 under Regulation 30 of SEBI (LODR) Regulations. 2015

Pursuant to Regulation 30 and Regulation 33 of SEBI (LODR) Regulations, 2015 we wish to inform you that the Board of Directors at its meeting held today i.e. May 27,2024 have interalia considered and approved the following matters.

1. The Audited Standalone & Consolidated Financial Results of the Company for the Quarter and Year ended March 31, 2024.

2. Auditors’ Report on the Audited Financial Results (Standalone and Consolidated) for the Financial Year ended March 31,2024

3. Recommend a Final Dividend of 10% i.e Re.0.50 /- per Equity Share of Rs. 5/- each and 1% i.e. Rs. 1/- per preference shares of Rs.lOO/- each for the financial year ended March 31, 2024, subject to the approval of the Shareholders at the ensuing Annual General Meeting of the Company.

4. The 80**’ Aimual General Meeting of the Company will be held on Tuesday, August 13,

2024, at 04:00 P.M through Video Conferencing.

1. The Register of Member and Share Transfer Books of the Company will remain close from Wednesday, August 7, 2024 to Tuesday, August 13, 2024 (both days inclusive).

2. Appointment of M/s. RSM India, Chartered Accountants, as the Internal Auditors for the Financial Year 2024*2025. (Breif profile attached in Annexure I)

3. Appointment of M/s. D. S. Momaya & Co. LLP, Company Secretaries, as the Secretarial Auditors for Financial Year 2024-2025 (Annexure II)

BATLIBOl

The Results has also been sent for publication in English Newspaper and one Local Language Newspaper.

The Meeting commenced at 12.00 P.M. and concluded atO^lfTP-M.

Kindly take the same on your record.

Thanking you

Yours faithfully, For Batliboi Limited

POOJA Digitally signed by POOJA ROHIT ROHIT SAWANT Date: 2024.05.27 SAWANT 16:16:27 +05'30'

Pooja Sawant Company Secretary ACS - 35790

Place: Mumbai Enel: As above

BATLIBOl

Annexure I	Annexure I
Name	M/s. RSM India
Designation	Internal Auditor
Date of Appointment & Term of	May 27,2024 for the financial year 2024-
Appointment	2025
Brief Profile	RSM Astute Consulting Group & Suresh
	Surana & Associates LLP - together referred
	as RSM India is the member of RSM
	International since 1996. Consistently ranks
	amongst India’s top audit, tax and consulting
	groups (International Accounting Bulletin-
	India Surveys 2011-21). Group strength of
	over 3000 personnel and PAN - India
	presence with offices in 12 key cities. Core
	services include Internal Audits &. Risk
	Advisory, Corporate Tax & GST, External
	Audits, IT Systems Assurance/ Solutions and
	Operations Consulting. Multi-disciplinary
	personnel comprising of CAs, MBAs,
	Engineers, CMAs, CISAs/ISAs, Forensic
	Professionals, Company Secretaries & Law
	Graduates, etc.
Disclosure of relationship between Directors	NA
(in case of Appointment of as a Director

	Annexure II
Name	M/s. D. S. Momaya & Co LLP
Designation	Secretarial Auditor
Date of Appointment & Term of	May 26, 2024 for the financial year 2024-
Appointment	2025
Brief Profile	M/s. D. S. Momaya & Co LLP., Company
	Secretaries are compliance conglomerate and
	compliance coach with 18 years of Industry
	experience. Ms. Divya Momaya, founder
	partner is fellow member of the Institute of
	Company Secretaries of India. She possesses
	18 years of experience out of which 13 years
	as a Practicing Company Secretary, she is
	alsoFounder of MENTORMYBOARD,
	Empanded as a faculty with MCED, and Recipient of 6'** Dr Sarojini Naidu, the
	Nightingale of India, International Award for
	Working Women 2022. Her expertise lies in
	Corporate and Secretarial Laws. Corporate
	Governance, Business Development, startups
	and MSME.

BATLIBOl

The firms offers one stop solutions for various services offered like mentoring services to the Board & Directors, Incorporation Services, Secretarial Compliance Management on Retainer ship Model, Secretarial Audit, Due Diligence, Stock Exchange Compliance Assistance, Mergers and Acquisitions, Liquidation Services, IBC, Intellectual Property Services and other Legal matters

Disclosure of relationship between Directors (in case of Appointment of as a Director

NA

Yours faithfully. For Batliboi Limited

POOJA Digitally signed by POOJA ROHIT ROHIT SAWANT Date: 2024.05.27 SAWANT 16:21:03 +05'30'

Pooja Sawant Company Secretary ACS 35790

Place: Mumbai

Enel: As above

==> picture [102 x 16] intentionally omitted <==

----- Start of picture text -----

Batliboi Ltd.
----- End of picture text -----

Legal & Secretarial Department Regd. & Corporate Office: Bharat House, 5th Floor, 104, Bombay Samachar Marg, Fort, Mumbai - 400 001. India Phone : +91 (22) 6637 8200 Fax : +91 (22)2267 5601 E-mail: legal@batliboi,com Web, : WWW,batliboi,com CIN . L52320MH1941PLC003494

==> picture [63 x 12] intentionally omitted <==

----- Start of picture text -----

BATLIBOI
----- End of picture text -----

Scrip Code: 522004

Dear Sir/Madam,

==> picture [66 x 12] intentionally omitted <==

----- Start of picture text -----

May 27,2024
----- End of picture text -----

Sub: Declaration with respect to Audit Report with unmodified opinion to the Audited Financial Results for the Financial Year ended on 31^' March. 2024

We hereby declare that the Statutory auditors Mukund M. Chitale & Co., Chartered Accountants (Firm Regn No. 106655W) have issued the Audit Report with the Unmodified Opinion on Standalone and Consolidated Audited Financial Results for the Financial Year ended on 3U‘ March, 2024.

The above declaration is made pursuant to Regulation 33 (3) (d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

This is for your kind information and records.

Thanking You,

Yours Faithfully,

For Batliboi Limited

==> picture [100 x 28] intentionally omitted <==

----- Start of picture text -----

Saa|iv Joshi
Managing Director
----- End of picture text -----

Place; Mumbai

M. CHITALE &CO.

2ncf Floor, Kapur House, Paranjape B Scheme Road No. 1, Vile Parle (E), Mumbai 400057 T: 91 22 2663 3500 www.mmch itale.com

CHARTERED ACCOUNTANTS

Independent Auditor’s Report on audited Standalone Quarterly and Year to Date Standalone Financial Results of Batliboi Limited Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

To

The Board of Director of

Batliboi Limited,

Report on the audit of the Standalone Financial Results

Opinion and Conclusion

1. We have (a) audited the Standalone Financial Results for the year ended 31®' March,

2024 and (b) reviewed the Standalone Financial Results for the quarter ended 31" March, 2024 (refer 'Other Matters’ section below), both included in the accompanying “Statement of Standalone Financial Results for the Quarter and Year Ended 31®’ March, 2024" of Batliboi Limited (“the Company”), (“the Statement”), 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 Listing Regulations”),

(a) Opinion on Annual Standalone Financial Results

In our opinion and to the best of our information and according to the explanations given to us. these Standalone financial results for the year ended 31st March 2024;

• i) is presented in accordance with the requirements of Regulation 33 of the SEBI

• (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended: and

• ii) gives a true and fair view in conformity with the recognition and measurement principles laid down in the applicable accounting standards and other accounting principles generally accepted in India of the net profit including other comprehensive income and other financial information for the quarter and vear ended 31®* March 2024.

(b) Conclusion on Unaudited Standalone Financial Results for the quarter ended 31st March 2024

With respect to the Standalone Financial Results for the quarter 31st March. 2024, based on our review conducted as stated in paragraph (5) of Auditor’s Responsibilities section below, nothing has come to our attention that causes us to believe that the Standalone Financial Results for the quarter ended 31st March. 2024 prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards 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.

9

MUKUND M. CHITALE &CO.

CHARTERED ACCOUNTANTS

Basis of Opinion

1. We conducted our audit of the Standalone financial results in accordance with the Staridards on Auditing specified under Section 143(10) of the Companies Act, 2013 (“the

Act)". Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Standalone financial results section of our report. We

are independent of the Company in accordance with the Code of Ethics issued by the

Institute of Chartered Accountants of India together with the ethical requirements that are

relevant to our audit of the Standalone financial results under the provisions of the Act

and the Rules thereunder, and we have fulfilled our other ethical responsibilities in

accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our

opinion.

Management’s responsibility for the Standalone Financial Results

1. These quarterly financial results as well as the year-to-date Standalone financial results have been prepared on the basis of the audited Standalone annual financial statements. The Company’s Board of Directors is responsible for the preparation of these Standalone financial results that give a true and fair view of the net profit including other comprehensive income of the Company and other financial information in accordance with the applicable accounting standards prescribed under Section 133 of the Act read with the rules issued thereunder and other accounting principles generally accepted in India and in compliance with the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable[and prudent; and design!] implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Standalone financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the Standalone financial results, the Board of Directors are responsible for assessing the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The Board of Directors are also responsible for overseeing financial reporting process of the Company.

MUKUND M. CHITALE &CO.

CHARTERED ACCOUNTANTS

Auditor’s Responsibilities for the Audit of the Standalone Ind AS Financial Results

4. Audit of the Standalone Financial Results for the year ended 31** March 2024

Our objectives are to obtain reasonable assurance about whether the Standalone financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with Standards on auditing will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Standalone financial results.

As part of an audit in accordance with Standards on auditing, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

i) Identify and assess the risks of material misstatement of the Standalone financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery intentional omissions, misrepresentations, or the override of internal control,

ii) Obtain an understanding of internal financial controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under section 143(3){i) of the Act, we are also responsible for expressing our opinion on whether the Company has adequate internal financial controls system in place and the operating effectiveness of such controls,

iii) Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors,

iv) Conclude on the appropriateness of the Board of Director’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the Standalone financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the[audit evidence obtained up to ithe] date of our auditor’s report. However, future events or conditions may cause the Company to cease to continue as a going concern,

v) Evaluate the overall presentation, structure and content of the Standalone financial results, including the disclosures, and whether the Standalone financial results represent the underlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any srgnrficant deficiencies in internal control that we identify during our audit.

MUKUND

M. CHITALE a CO.

CHARTERED ACCOUNTANTS

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

5. Review of the Standalone Financial Results for the quarter ended 31 •t March 2024

We conducted our review of the Standalone Financial Results for the quarter ended SI** March 2024, in accordance with the Standard on Review Engagements (“SRE") 2410 Rewew of Interim Financial Information Performed by the Independent Auditor of the Entity , issued by the ICAI. A review of interim financial information consists of making inquiries, primarily of the Company's personnel responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially in accordance with SAs specified under section 143(10) of the Act 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.

Other Matters

6, The Standalone financial results include the results for the quarter ended 31 March 2024 and 31 March 202Z being the balancing figure between the audited figures in resped of the full financial year and the published unaudited year-to-date figures up to the third quarter of the respective financial year, which were subjected to limited review by us, as required under the Listing Regulations.

Our opinion is not modified in respect of this matter.

For Mukund M. Chitale & Co. Chartered Accountants Firm Regn. No. 106655W

L«**'

(Nisha Yadav) Partner

M. No. 135775

UDIN: 24135775BKHQPV3025

Place; Mumbai Date: 27*^ May 2024

BAIUdOl LTD. Res*!' Office! Bharat House, 5th Floor, 104 Bon)bav Saniachar Marg, Fort, Munibai-400001 aN: l52320MH1941PLa)03494

AUDITCO STANDAtONE FINANCIAL HESILTS FORTHE QUARTER AND YEAR ENDED 31ST MARCH, 2024

==> picture [505 x 402] intentionally omitted <==

----- Start of picture text -----

(Rs. In Ukhs)
Quarter Bided Year Ended
PARTIOILARS 31.03.2024 31.12.2023 3L03.2023 31.03.2024 31.03.2023
(Reviewed) (Reviewed) (Revieiwed) (Audited) (Audited)
1. INO^tE
(a) Revenue hom C^ratims 5,189.66 4.995.64 4.637.41 19.5a.07 19,485.47
(b) Other IncomerOTM. INCOME 311.13 197.06 248.78 773.02 504,52
5,500.79 5,192.70 4,886.19 20,333.09 19,989.99
2. EXPENSES
(a) Cost of Materials Consumed
(b) Puichase of Stock in Trade(c) Changes in inventories of fkiished goods, work in progres and stock 2,002.S1,350.43(97.33) 1,621.021,349.0939.16 1,720.641,117.7331.22 7,003.205,083.74(122.10) 6,589.895,421.77336.78
In trade
(d) Employees benefits expenses 6^.70 717.86 617.88 2,749.23 2,410.34
(e) Hnance Costs(f) Depredabwi & Amortisation ecpwses 108.1791.12 107.0371.78 S2.4495.94 418.99317.02 485.92324.01
TOTAL EXPENSES(g) (Xha expenses %27S.161,164.55 4,904.32998.38 4,689,981,024.13 19,541.574,091.49 19,157.033,588.32
3. PROFIT/(LOSS) ^ORE EXCEPnONAL HEMS AND TAX 225.63 288.38 196.21 791.52 832.96
4. Exc^Kxial Items - (ExpetBeJ/Income
5. PROFrT/(LOSS) BEFORE TAX 225.63 288.38 196.21 791.52 832.96
6. Tax Expenses
(a) Current Tax (M.7S) (30.75)
(b) Deferred Tax aedit / (Charge) (169.35) (28.80} (18.75) (269.47) 35.32
(c) Mat credit (Ublized/Revereal) (7.00) (7.00) (11.43)
7. NET PROFTT/(LOSS) FOR THE PERIOD 36.28 221.83 177.46 484.30 856.85
8. Other Conipreliensive Income
(i) Items that wll not be reclassified to profit or loss
Actuarial gatn/(Loss) on en^jloyee iMned benefits 1.97 10.94 (6J2) (26.74) 11.17
(ii) Income tax rdabng to items that will not be reclassified to ixofit
or loss
Deferred Tst irr^iact on ^love
(0.55) (3.04) 1.73 (3.11)
9, Total Comprehensive Income 37.70 229.73 172,97 465.00 864.91
10. Paid-up Equity Share Capital 1,452.29 1,452.29 1,444.29 1,«2.29 1,444.29
(Face Value Rs.S/- per share)
11. Ba^EPSfwthe Period (Rs. Per9iare) 0.12 0.76 0.61 1.67 2.W
12. [Wuted EPS for the Period (Rs. Per Share) oa2 0.75 0.61 1.64 2.90
----- End of picture text -----

==> picture [70 x 20] intentionally omitted <==

----- Start of picture text -----

•fe o
MUMBAI
----- End of picture text -----

BATUBOI LTD,

Regd. Office: Bharat House, Sth Floor, 104 Bombay Samachar Marg, Fort, Muinbal-400001 CIN: l52320MH1941PLa)03494

==> picture [244 x 9] intentionally omitted <==

----- Start of picture text -----

Statemeirt of Staxialone Assets and UabllRIes as at 31st Mardv 2024
----- End of picture text -----

		(Rs. In Laldts)
Pvtfculars	As on	As on
	31.03.2024	31.03.2023
	(Audited)	(Audited)
ASSETS
(1) Non-cwTent assMs
(a) Property, Rarrt»>d Equ^ment (b) Capital wofi(-ln-progress (c) Right of use assets (d) Other Intangible assets (e) financial Assets	18,527.92 62.92 246.46 15.11	16,385.48 23.10 117.86 11.92
(i) Investmeits	550.44	563.10
(il) Trade receivables (Hi) Loans (f) Other non-cunent assets Non Oment Assets	228.66 S9.S6 19,691.07	267.27 0.04 66.72 19,435.49
(2) Current assets
(a) inventories (b) Fraicial AsseB	1,937.99	1,750.M
(i) Trade receivables (n) Cash and cash equivalents (ill) Bank balances Mher dtan Oi) ^»ve (Iv) Loans (v) Others (c) Current Tax Assets (Net) (d) CiaterK Assets	2,710.70 62.66 85.48 222.57 44.91	1,622.24 169.92 199.25 0.51 207.65 34.02
Current Assets	5,064.31	3,984.24
3 Non Current Asset Held for	1,779.39	1,77939
TOTAL ASSETS
EQUITY AND UABlLniES
Equity
(a) Equtty Share capital (b) Other Equity	1/452.29 11,065.85 t	1,444.29 10,542.46 1
	12,518.14	11.986.7S
UABILITIES
(1) Non-current li^ltties
(1) (a) Rnartcial babdltles
i, Borrowings it. Lease U^iWes	4,985.48 213.66	5,518,71 83.34
I. Trade payables
(a) total oiSstandIng dues of micro enterprises andsmaH enterprises (b) total outstanding dues of aeditors other than ireooenterprises and sn^	5.16 114.96	15.01 145.61
iv. Other flnanoal Babllldes (b)IYoyisons (c) D^Btred tax nabillbes (Net) (c) Other non-current liabIBhes	95.04 407.10 1,546,60 306.44	95.04 376.31 1,277.57 346.19
	7,674,48	7,857.78
(2) Current BaMHties
(a) Hnanoal LiaUlities
(I) Borrowings (a) Lease Liabilities	2,111.80 54.60	1,215.08 47.88
(ii) Trade payees
(a) total outstanding dues of tracro enterprises andsmalt ertterprise	812.72	584.65
(b) total outstandrtg dues of oetfitois other thanmicro eitrtptises and stnal enterprises Other current llabilkies (c) Provisions	1,633.63 1,588.70 140.70	1,373.45 2,024,20 109.33
	6,342,15	5,354.59
TOTAL EOUnV AND UABailES	26,534.77	25,199.12

==> picture [4 x 3] intentionally omitted <==

----- Start of picture text -----

o
----- End of picture text -----

to Standahwe nnatidal Residts; " ' -

==> picture [473 x 573] intentionally omitted <==

----- Start of picture text -----

1)
™ ™
2) March 20» are the belandns fiaures boMetn the Budted [flg»es m mspect of the rud]
3) The Company has proposetl to declare final (Sddend PrdefencestBrehokJers subject to appmvaltrfsharehoktes e io% to equity SharehoMers as on the recottJ date at the ensuing ATTuel General Meeting of the ^ ^06th August 2024 »d 1% dvidend b.
«)
under ind AS loe ■operatmo
Segnnents, no separate tflsdosiie has been given.
S) Sree the Compmy has made profits, deterred tax assets ae«ed h the past has beoi levesed to the extort of Rs. 269.47 Lacs.
6) (Amendtreri) Act, 2019 provides domestic compMes vrtth an option to opt tor lovrer tax rate, ptovUed they do not eWm attain
deductions. The Qxnpany has presereiy considsed the rate edsDng prior to the amendmoit
7)
Qjrrent Asset Held for Sale. The Company conbrwes to ^ '>“‘"9'‘««l« a»at whUi had been lasdosed as Nonlook for a buyw.
8) Ourlno Che cpiarta and yea ended 31st March 2024, the Cc»T^Ja^y has reversed provision wi aoxunt of disputed dalm amounOig to Rs. 229 25 laUe a
the same Is eonskfcred as no kxiga pay^de. The same has been reojonlsed « pert rf tSha income m toe Staement of Proft axJ Loss.
9) During the quarta and yea ended 3lsl March 2024, the a»toaiy has wrtten off non moving and obsolete Ittventoty & dniitiul ddds of Rs. 146 23
L^ths.
10) (Mauiffius) LM, 100411 SttoMlary contoany of the Conpany Is undagotng a voluntary liquidation process and conseguendy the Shares of
Qurc^ Inc. and 760 Rye areet Inc. (Canada), two step deem subddlaRes of the Company, eaSa held by (Jueen Prc^ (Maatiis) lai. hare been
transferred to the Coritoaiy on 28th July 2023, The Htpldabon applicaOon of the said subsitflay was approved on 29th February 2024 and the stiwiiarv
axT?>any shall be dissolved withm three months from the date of approve,
11) Du^ the quarter, the Osti^jany has fled the revised draft scheme of Am^gamaHon between BatHbol Envlnximent En^neaing Urrdtod and the Cooipaiy
wddch was approved by the Board of Wrectors on nth Mach, 2024. Subsequently process tor seeking approval to the scheme of analomaticn from
respjlattxv authorities has comrr>@Ked. AccordMgly. the Con^iany has filed an appUcabon to obtain NOC from the Stock etdiaue i.e. BSE utvia reailation
37ofsra(l(X>R), Reoiiatlons2015.
12) The Cwv»v at the Extra Ortanary Genets Meeting had on 29th Mardt. 2024 had wixoved Issue of upto 56,14,000 eqiAy shaes on prelaentlal basts
The Corrqany had received application money during Che month of Apr! 2024,The company has dotted 52,64,000 equity shares M an Issue price of Rs.
U3.50pashaeon 12th April, 2024.Fuftha, the company has reeelvod Usttng approval of axwemenooned shaes on 6th htey, 2024 and tradtno awwa
on 24th May, 2024 ftom the Stock Exdiange i.e. BSE.
13) Following ae the details of Standalone gross sales Company eariE ctmmlssion; values of business handled Induding the values petaining to agency haidled fa whtch
Rs. In Lakhs
STAND A LO N E
Parttculais Quarto ended Year Ended
31.03.^24 31.12.2023 31.03.2023 31.03.2024 3L03.2023
(Ur>-Audited) (IRi-Audfted) (Un-Audited) (Lki-Audited) (Un-Aurttted)
Gross vafae cf Business HaxSed (including agency busmen) 20,569.37 17,051.91 12.996.78 62,715.13 63,582.95
14) The figures fa the previous patodVyeots have been redssifled/regrtiuped whereva necessary.
For and on behatf of Board <rf Directors
BatiBni Lindted
\^/
T.
Nace: Mumbai * SanJhrJoshi
nagbig Director
Date: 37lh May 2024
DIN; A8938810
----- End of picture text -----

BATUBOI LTD.

STANDALONE STATEMENT OF CASH FLOW FOR THE YEAR ENDED 31ST MARCH, 2024

==> picture [496 x 729] intentionally omitted <==

----- Start of picture text -----

(Rs. tn Lakhs)
Particulars Year Ended Year Ended
314Mar-24 31>Mar-23
I. CASH FLOW ARISiNO FROM OPERATING ACTIVITIES:
Net Profit I (Loss) Before Tax and Exceptional items 701.52 632.06
Add Back:
a) Depredation 317.02 324.01
b) Interest Expense 326.29 373.87
c) Interest on Lease Liabilities 29.18 17.98
d) Loss Ml Sale/Dlsposal of Asseas/Assets Written off
0.10
e) Bad Debts 14.35 383.77
f) Provision for Doubtftil Debts/Advances 30.44 27.70
g) Gratuity and Leave Bicashm^it Provision 84.21 90.49
ti) Foreign Exchange Loss 5.97
I) Investment Written off
0.27
J) Revesa! of SEIS Entitlement recoverable 12.26
k) Employee Stock Cation Reserve 41.19 847.65 (1.34) 1,229.11
Deduct:
a) Interest Income 17.95 11.98
b) Profil on Sale of Rxed Assets 24.93 0.25
c) Reversal of ftovislon for Doubtful Debts 11.22 210.27
d) Foreign Exchange Loss 59.86
e) Dividend Income 110.54
f) Unclaimed Credit Balances Appro|xfaled 399.27 563.91 35.68 318.04
Operating Profit Before Working Capital Changes 1,075.26 1,744.03
Add/ Deduct:
a) Decrease/ (Increase) In Inventories (187.34) 492.97
b) Decrease/ (Increase) in Trade Receivables and /Vtvances
(1,106.50) (566.35
c) Decrease/(Increase) (nOmer Current/kssets (0.94) 66.15
d) Increase/ (Decrease) In Trade and Other Payables (297.92) (1,592.70; (961.42 (970.65
(517.44) 773.38
Income Taiss Paid / (Refund) (net) 41.64 (26.60
Net Cash Inflow / (Outfiow) from Operations (A)
(559,08) 799.98
II. CASH FLOW ARISING FROM INVESTING ACTIVITIES:
a) Interest Income 17.95 11.98
b) Proceeds from Sale of Property, Rant and Equipment 37.96 56.49
c) Acquisition of Property. Rant and Equipment (444.17) (117.04)
d) Investments written off
(027)
e) Dividend Income 110.64
f) Decrease/ (Increase) In Bank Deposits 113.77 (163.95) (164.86) (213.70)
Net Cash inflow / (Outflow) in Course of Investing Activities(B} (163.95) (213.70)
III. CASH FLOW ARISING PROM FINANCING ACTIVITIES:
a) Proceeds from issue of Equity Shares under ESOP Scheme 25.20 26.77
b) Proceeds tron/ (Repayment of) in Long Temi Borrcwfngs 108.63 1,784.52
c) Proceeds from/ (Repayment of) in Short Term Borrowings 896.69 (1,792.02)
d) Payment of Lease LiattllOes (including inlwest on lease iial^litles) (92.05) (80.62)
e) Interest Paid (322.70) 615.77 (m48) (424.63)
Net Cash tnflow/(Outnov^ in Course of Financing Activities (C) 615.77 (424.83)
Net lncrease/(Decrease) in Cash/Cash Equivalents (A+B+C) (107.28) 161.45
Add: Cash/Cash Equivalents at foe beginning of the year 169.92 8.47
Cash/Cash Equivalents at foe er)d of foe year 62.66 169.92
\B 3/
Consists of:
Cash In Hand vl 03T C 1.30 3.65
Bank Balance
61.36 166.27
Closing Cash at the end of the year ■k 62.66 169.92
----- End of picture text -----*

==> picture [91 x 31] intentionally omitted <==

----- Start of picture text -----

M. CHITALE
&CO.
----- End of picture text -----

2nd Roor. Kapur House, Paranjape B Scheme Road No. 1, Vile Parle (E). Mumbai 400057 T: 91 22 2663 3500 www.mmchilale.com

CHARTERED ACCOUNTANTS

Independent Auditor’s Report on Consolidated audited Quarterly and Year to Date Consolidated audited Financial Results of Batliboi Limited Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

To

The Board of Directors of Batliboi Limited,

Report on the audit of the Consolidated Financial Results

Opinion and Conclusion

• 1, We have (a) audited the Consolidated Financial Results for the year ended 31' March, 2024 and (b) reviewed the Consolidated Financial Results for the quarter ended 31 March, 2024 (refer ‘Other Matters’ section below), both included in the accompanying “Statement of Consolidated Financial Results for the Quarter and Year Ended 31' March, 2024” of Batliboi Limited (“the Holding Company") and its subsidiaries (collectively referred to as ‘the Group’), (“the Statemenf), being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“the Listing Regulations”),

(a) Opinion on Annual Consolidated Financial Results

Iri our opinion and to the best of our information and according to the explanations given to us and based on the consideration of the reports of other auditors on separate financial statements and the other financial information of subsidiaries these Consolidated financial results for the year ended 31®' March 2024:

• I) includes the financial results of the entities mentioned in the Annexure ‘I’ to this report,

• ii) are presented in accordance with the requirements of Regulation 33 of the SEBI

• Listing Regulations, 2015 as amended; and

• iii)giyes a true and fair view in conformity with the recognition and measurement principles laid down in the applicable accounting standards and other accounting

• principles generally accepted in India of the consolidated net profit including other

• comprehensive income and other financial information of the Group for the quarter and year ended 31®' March 2024.

(b) Conclusion on Unaudited Consolidated Financial Results for the quarter ended 31st March 2024

With respect to the Consolidated Financial Results for the quarter 31st March, 2024, based on our review conducted and procedure performed as stated in paragraph (5) of Auditor’s Responsibilities section below and based on the consideration of the reports of other auditors on separate financial statements and the other financial information of subsidiaries referred to in Other Matters section below, nothing has come to our attention that causes us to believe that the Consolidated Financial

MUKUND M. CHITALE &CO.

CHARTERED ACCOUNTANTS

Results for the quarter ended 31st March, 2024 prepared in accordance wttfi the recognition and measurement principles laid down in the Indian Accounting Standards 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.

Basis of Opinion

1. We conducted our audit of the Consolidated financial results in accordance with the Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 (“the Act”). Our responsibilities under those Standards are further described in the Auditor's Responsibilities for the Audit of the Consolidated financial results section of our report. We are Independent of the Group in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the Consolidated financial statements under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us and other auditors in terms of their reports referred to in “Other Matter” paragraph below, is sufficient and appropriate to provide a basis for our opinion.

Management’s responsibility for the Consolidated financial results

1. These quarterly financial results as well as the year-to-date Consolidated financial results have been prepared on the basis of the audited Consolidated annual financial statements.

The Holding Company's Board of Directors is responsible for the preparation of these Consolidated financial results that give a true and fair view of the of the net profit including other comprehensive income of the Group and other financial information in accordance with the applicable accounting standards prescribed under Section 133 of the Act read with the rules issued thereunder and other accounting principles generally accepted in India and in compliance with the Listing Regulations. The respective Board of Directors of the Companies included in the Group are responsible for maintenance of the adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Group and for preventing and detecting frauds and other irregularities: selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Consoiidated financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of the Consolidated financial results by the Directors of the Holding Company, as aforesaid.

In preparing the Consolidated financial results, the respective Board of Directors of the companies included in the Group are responsible for assessing the ability of the each Company to continue as a going concern, disclosing, as applicable, matters related to

4

MUKUND M. CHITALE &CO.

CHARTERED

ACCOUNTANTS

going concern and using the going concern basis of accounting unless the respective Board of Directors either intends to liquidate the company or to cease operations, or has no realistic alternative but to do so.

The respective Board of Directors of the Companies included in the Group ate responsible for overseeing the financial reporting process of the Group.

Auditor's Responsibilities for the Audit of the Consolidated financial results

1. Audit of the Consolidated Financial Results for the year ended 31*‘ March 2024 Our objectives are to obtain reasonable assurance about whether the Consolidated financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with Standards on auditing will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if. individually c;or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Consolidated financial results.

As part of an audit in accordance with Standards on auditing, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

I) Identify and assess the risks of material misstatement of the Consolidated financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis . for our opinion. The risk of not detecting a material misstatement resulting from fraud is htgher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control,

ii) Obtain an understanding of internal financial controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under section 143(3)(i) of the Act, we are also responsible for expressing our opinion on whether the Holding Company has adequate internal financial controls system in place and the operating effectiveness of such controls,

iii) Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.

Iv) Conclude on the appropriateness of the Board of Director’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Group to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the Consolidated financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Group to cease to continue as a going concern.

r

MUKUND M. CHITALE 6 CO.

CHARTERED ACCOUNTANTS

V) Evaluate the overall presentation, structure and content of the Consolidated financial results, including the disclosures, and whether the Consolidated financial results represent the underlying transactions and events in a manner that achieves fair presentation,

yi) Obtain sufficient appropriate audit evidence regarding the financial results/financial information of the entities within the Group to express an opinion on the Consolidated financial results. VVe are responsible for the direction, supervision and performance of the audit of financial information of such entities included in the Consolidated financial results of which we are the independent auditors. For the other entities included in the Consolidated financial results, which have been audited by other auditors, such other auditors remain responsible for the direction, supervision and performance of the audits carried out by them. We remain solely responsible for our audit opinion.

We comniunicate with those charged with governance of the Holding Company and such other entities included in the Consolidated financial results of which we are the ndependent Auditors regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with reevant ethiMl requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

5. Review of the Consolidated Financial Results for the quarter ended 31

March 2024

yVe conducted our review of the Consolidated Financial Results for the quarter ended 31 March 2024, 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 ICAI. A review of interim financial information consists of makina inquiries, primarily of the Company’s personnel responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially conducted in accordance with SAs specified under section 143 10) of the Act 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.

The Statement includes the results of the entities as listed under paragraph (1)(a)(i) of Opinion and Conclusion section above.

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

t

MUKUND M. CHITALE &CO.

CHARTERED

ACCOUNTANTS

Other Matters

1. We did not audit the financial statements and other financial information, in respect of two subsidiaries, whose financial statements and other financial information include excluding consolidation eliminations total assets of Rs. 9,031.20 Lakhs as at 31® March 2024; total re^nues of Rs. 2,364.63 Lakhs and Rs. 9,214.59 Lakhs for the quarter and year ended 31 March 2024 respectively: total profit after tax (net) of Rs. 126.54 Lakhs and Rs. 531.05 Lakhs for the quarter and year ended 31 March 2024 respectively: total comprehensive income of Rs. 126.54 Lakhs and Rs. 531.05 Lakhs for the quarter and year ended 31® March 2024 respectively and net cash inflows of Rs. 1,108.51 Lakhs for the year ended 31’ March 2024. These Ind AS financial statements and other financial information have been audited by other auditors whose financial statements, other financial information and auditor’s reports have been furnished to us. Our opinion on the quarterly and the year-to-date Consolidated financial results, in so far as it relates to the amounts and disclosures included in respect of these entities is based solely on the report of other auditors and the procedures performed by us are as stated in paraqraoh above. » k

Our opinion on the Consolidated financial results is not modified in respect of the above matter with respect to our reliance on the work done and the reports of the other auditors.

1. We had relied on the unaudited interim financial statement of one subsidiary whose

interim financial statement/financial information/financial results reflect total assets of Rs.

Nil Lakhs, total revenue of Rs. Nil Lakhs, total net profit/(loss) after tax (net) of Rs. (0.46)

Lakhs and Rs. 3.06 Lakhs for the quarter and period ended 29"’ February 2024 respectively, total comprehensive income of Rs. (0.46) Lakhs and Rs. 3.06 Lakhs for the quarter and period end^ 29"' February 2024 respectively; and net cash outflows of Rs. 13.30 Lakhs for the period ended 29"' February 2024 as considered in the Consolidated Ind AS Financial Results. These financial statements are as approved by the Board of

Directors of the said subsidiary have been furnished to us by the management and our

report in so far as it relates to the amount included in respect of the said subsidiary is based solely on such approved unaudited financial statements. This subsidiary is

undergoing voluntaiy liquidation process on and consequently the shares of the two stepdown subsidiaries of the Holding Company, earlier held in the name by this

subsidiary have been transferred to the Holding Company on 28"’ July 2023.

Our report on the Statement is not modified in respect of the above matter with respect to our reliance on the financial statements/financial information certified by the management.

MUKUND M. CHITALE &CO.

CHARTERED

ACCOUNTANTS

1. The Consolidated financial results include the results for the quarter ended 31 s( March 2024 and 31 March,2023 being the balancing figure between the audited figures in

respect of the full financial year and the published unaudited year-to-date figures up to the third quarter of the respective year, which were subjected to limited review by us as

required under the Listing Regulations.

Our opinion is not modified in respect of this matter.

For Mukund M. Chitale & Co. Chartered Accountants Firm Regn. No. 106655W

(Nisha Yadav) Partner M. No. 135775 UDIN: 24135775BKHQPW9237 Place: Mumbai Date: 27“* May 2024

==> picture [72 x 14] intentionally omitted <==

----- Start of picture text -----

MUKUND
----- End of picture text -----

M. CHITALE &CO.

CHARTERED ACCOUNTANTS

Annexure M’

(Referred to in para 1 of our Independent Auditor’s Report on Consolidated audited Quarterly Financial Results and Year to Date Consolidated audited Financial Results)

Sr. No. Name of the Subsidiary

1. Queen Projects (Mauritius) Ltd., Mauritius (upto 28'" July 2023)

2. Quickmtll Inc., Canada *

3. 760 Rye Street Inc., Canada *

‘ Subsidiary Companies w.e.f. 28"’ July 2023. prior to that date were step-down subsidiarv companies.

==> picture [9 x 15] intentionally omitted <==

----- Start of picture text -----

r
----- End of picture text -----

BATLIBOI LTD.

Regd. Office: Bharat House, 5th Floor, 104 Bombay Samachar Marg, Fort, Humbal-400001 CIN: LS2320MH1941PLC003494

AUDmO CONSOLIDATED RNANOAL RESULTS FOR THE YEAR ENDED 31Sr MARCH, 2024

Rs. in Laklis

PARHCULARS			Quarter Ended		Year	s. n a Ended
		31.03.2024	31.12.2023	31.03.2023	31.03.2024	31.03.2023
1. INCOME FROM OPERATIONS		(Reviewed)	(Reviewed)		(Aijdited)	(Audited)
Revenue from Operatkms Otfter Income TOTAL INCOME FROM OPERATIONS ta) (b)		7.513.29 271.4S 7,784.74	7,e04,a 111.04 7,915.60	6,657.95 241.82 6,899.77	28,639.17 607.30 29,246.47	25,383.26 453.55 25,836.81
2. EXPENSES
(a) Cost of Materials Consumed (b) Purchase of Stock in Trade (c) Changes in inventones of finished good^ work inprogress and stock in trade		3,721.90 1,350.43 (650.86)	3,224.09 1,349.09 (34.49)	2,906.^ 1,117.73 (2.53)	12,509.29 5,083.74 (955.30)	9,840.52 5,421.77 27.64
(d) Empkiyees benefits expenses (e) Rnatce Coas (f) Depreciabon & Amortisation expenses (g) Other expenses TOTAL EXPENSES		1,376J4 124.65 92.18 1.443.00 i 7,457.54	1,421.35 123.47 99.45 1.216.19 7,401.15	1,187.42 99.72 124.15 1.229.96 6,663.03	5,339.63 485.02 401.37 4.988.35 27,^2.10	4,241.83 522.29 416.96 4,255.66 24,726.87
3. PROFIT/(LOSS) BEFCTIE EXtXPTIONAL ITEMS AMO TAX 4 Excei^onal Items		327.20	S14.4S	236.74	1,394J7	1,109.94
5. PROFIT/(LOSS} FROM BEFCMIE TAX 6. Tax Eigienses		327.20	514.45	236.74	1,394J7	1,109.94
(a) Current Tax (b) Deferred Tax (Charge) / Credft (c) Mat Credit (utiized/reversed) 7. NET PROFIT/(LOSS) AFTER TAX 8. Other Comprehensive ItKonw		(15.47) (198.98) 112.75	(110.90) (28.80) (?-00) 367.75	(21.85) (18.70) 196.19	(19236) (278.67) (7.00) 91634	(77.93) 35.37 1,055.95
<i) items that wHI not be reclassified to profit orloss
Actuarial gain/(Loss) on employee drfined benefts		1.97	10.94	(6-22)	(26.74)	11.17
(ii) Income tax relating to items that vrlll not bereclassified to profit loss	or
DeferredTax impact on ^x>ve		(0.55)	(3.04)	1.73	7.44	(3.11)
(ii) Items that wiS be redassified to profit or loss
Effects of changes in rates of foreign currency monetwyitems		033	4.21	22.87	16.40	(22.84)
9. Total Comprehensive Income (Refe- Note S(b)}		11S.00	379.86	214.57	913.44	1,041.17
10. Paid-up Equity Share Capital (Face Value Rs.S/- per share)		1,452.29	1,45239	1,444.29	1,4SZ29	1,444.29
11. Basic & Diluted EPS for the Period (Rs. Ptf Share)
(1) Basic EPS (2) Diluted EPS		0.39 0.38	1.27 1.2S	0.68 0.67	3.16 3.11	3.67 3.57

==> picture [44 x 19] intentionally omitted <==

----- Start of picture text -----

O
UM8AI .
----- End of picture text -----*

I afiii'irf r-

BATLIBOI LTD.

Itegd. ORlce; Bharat Kuise, 5th Fteor, 104 Bombay Santachar Marg, Fort, Mumbah400001 ON: LS2320MH1941PLC<I03494

S^tement of ConM^idated Assets wid UaUlitles as at 31st Hardv 2024

Particulars	As at	As at
	31.03.2024	31.03.2023
	(Audited)	(Audited)
i^FTS
(1) Non-current assets
(a) Property, Plant and Equpment
(b) Cafstal worL-in-progress	19,240.08	19,121.08
(c) Ri^ of use assets (d) Other Intangible assets	62.92 246.46	23.10 117.87
(e) Financial Assets	17.74	15.10
(i) Investments
(ii) Trade receivables	5.00	5.00
(iM)I.O»)S	228.66	267.27
(f) Oher noncurrent assets		0.04
	».56	66.72
Non Current Assets
	19,069.42	19,616.18
(2) Current assets
(a) Invmtories
(b) Financial Assets	4,520.28	3,328.34
(i) Trade recervaUes
(il) Cadt and cash equivalent	3,748.13	3,158.51
Oil) Bank balances other than (8) abov«	1.455.82	463.75
(tv) Loans	K.48	199.25
(v) Others		0.51
	529.14	304.07
Oirrent Assets	H>,33a8S	7,454.43
(3) Non CurroA Aset (Md for Sale	1,779.39	1,779.39
TOTAL ASSETS
	^987.66	28,850.00
EQUITY AND LMBlUTres
Equity
(a) Equ^ Share capital (b) Other Equity	1,452.29 13,157.76	1,444.29 12,172.80
	14,610.05	13,617.09
LIMILITIES
(1) Non-current llaUlIties
(a) Financial Liabilities
(i) Borrowings (il) Lease UabitiBes	5,578.77	6,125.70
(iii) Trade payables	213.68	83.34
(a) total oifiaanding dtjes of micro entertmses widsmall enterprises (b) total outstviding dues of aetStors odier than microetteprises and smaH iMiii.»rr*4W (») Other financial U^libes (b) Provisions	5.18 114.97 95.04	15.01 145.61 95.04
(c) Deferred tax liatxiitles (Net) (d) Oflier non-cunetri liabi&6es	407.10 1,534,74 306.45	376.31 1,256.51 346.20
	8,255.93	8,443,72
(2) Current UabiltUes
(a) FinsKial Liabilibes
(1) Borrowings (ii) Lease Utilities Oil) Trade payables	2,134.21 54.60	1,235.58 47.88
(a) total outstanding dues of mitTo enterpifees andsmall enterprises (b) total outstandng dues <rf creditors oth& than microenterimses and small enterprises (b) Ocher current llabdKies (c) Provisions (d) Current Tax Liabilities (net)	812.72 3,067,40 2,614.37 320.97 117.41	584.65 2,204.62 2,444.98 22732 44.16
	9,121.68 t	6,789.19 I
TOTAL EQUITY Atfl) LIABIlJTffg	31,987.66	28,850.00

==> picture [597 x 842] intentionally omitted <==

----- Start of picture text -----

tDContouJI Ri
1}
teensubJectloabittbirlheslatulofvaudtarjoftheHelitogComoany. at Rs meetitio Md 2)\
j) ™c\4) TlM Cm* opvatas m om segnwnt an Industrial BukHnanf, dsclosura hat been pvan. skca tfiera Is ns other reports segnsent as dsfiitod laider Ind AS lOfi ‘OpvMtig Segments'.\
S) S»«e the Hi*l»ig Cbinpany has made profits, drfened tax assets cre^ in the past has been revesed to the Bctend of te. 279.67 Lacs,\
« The Taaaon Uws (Amaidment} AO, 2019 pcoridet domSEUc CompBiy has presenOy consktoed the rae edsang p(S)f to the anwxinenfccon«aMes weh an opOtm to iw hr low lax rate, provided they do not tWiri csilaln deducoons. Ths Hotiig\
7)\
h ditctosad as Non-Current Aaet held tor\
*)\
coraidered as no tofx^er PWiWe. The same has beet f«09ri»d » part gf rther ineone N> the Statemem ©# Prof* and Loa. asthesameh\
9) DirtioBsouarta and v»sr ended 3lst «arch 2024, the HoWtit Company has vwMen off non mewig and obsclett Snertpiy ei deeditful debts of Rs. 146 J3 latto.\
10)\
!;*!‘I^;i2:;"‘^'^"«»«=®^'*>«>“T!OinBav(AmBiylquida«mpTOesepnard« ^^
on 1^20a' •>» ?«' <M««W) ltd. hM^Weired to the^^
U) was aotxin^ by the Board of Orectors on nth Ma«N 2024. PurtnolheoiH^, the Hol^Contoarir has hied the revised draft scherne of AmalgOT»onbelweg'8atltoBiWonnientFniit»urtr.nSubsequently process tor seeBnoMJProval to the aheme of Undled and the IMdbig Coneany, which
coRimenced. Accordtogty, the Holding Company has fUed an iyolvanon n obtain IWC horn the Slock exchange l-e. , wn^gmatton from aH the ragutatory authofC hasBSE imder regulation 37 of Sffil (tooR), ftogtoatlms 2015
12) The Hold^ ttmpany at the Ettra Ordmary General Meeting held on 2901 March, 2024 had approved Issue erf up® 56,14,000 equSy shares on pretoraaM basks. The HcMing
ShliS^I^BS^' ^ “ shares on 6th Hay, 2024 and trading apprrwal on^ May, 2024 from ^ock
13) fi»1ng are the datato of oiosdldatod ofOSd sales vakjto of txianess hancSed todudkw the 1/^ pertawiig to agency busln« hanrSad for which Grotto wns coirrnfisioi.:
Rs. In lakhs
COWSOUDATED
Particulars Qiaitgf Ended Year Ended
31.tl3J024 3Lt2J023 31.03.2023 31.03.2024 31.03J023
(Un-Audltedl (Un-Audltnd) (Un-Audltnd) (Un-Audrted) (Un-Audlted)
Stoss takie of Business Hasted (Including agmey budiess) 22,892.92 19,646J3 14,946.00 71,794.15 69,480.63
14] ThefiguresforthemvIouspertotN/tnaRi have been leclassmed/tevowMdvrhvevanectosaiy.
For and on behaH of Board ef OMecton
Placa: Htanbel
Dale :27lfe May, 2024 Ing Director
DIN: 08938810
T
----- End of picture text -----*

BATUBOl LTD.

CONSOUOATED STATEMENT OF CASH FLOW FOR TOE YEAR ENDED 31ST MARCH, 2024

==> picture [506 x 742] intentionally omitted <==

----- Start of picture text -----

(Rs. In Lakhs
Particulars Year Ended Year Ended
31>Mar-24 3144ar-23
I. CASH FLOW ARISING FROM OPERATING ACTMTIES:
Net Profit / (Loss) Before Tax 1,394.37 1,109.94
Add back;
a) Deji^atlon 401.38 416.96
b) Interest Expense 371.98 411.91
c) Interest on Lease Liabilities 29.18 17.96
d) Loss on Sale/Disposal of Assets 0.10
e) ProvIsiMt for Doubtful Debts/Advances 30.44 383.77
f) Bad Debts 14.35 27.70
g) Gratuity and Leave Encashment Provision 84.21 90.49
h) Foreign Exchange Loss 10.40
I) Investment Written off 0.27
j) Foreign Currency tran^alkxi reserve reclassified to profit and loss on 13.12
liquidation of subsidiary
k) Reversal trfSEIS Entitlement recoverable 12.26
I) Employee Stock Option Reserve 41.19 996.25 iU4i 1,360.10
Deduct:
a) Interest Inccxne 60.30 13.62
b) Profit on Sale of Fixed Assets 24.93 0.25
c) Reversal of Provision for DoubtM CHits 11.22 210.27
d) Ftxelgn Exchange Gain 61.88
e) Unclaimed Credit Balances Written Back 399.27 485.72 35.68 321.70
Operaffng Profit Before Wortdng Capital Changes 1,904.90 2,146.34
Add/ Deduct;
a) Deaease/ (Increase) in Inventories (1,191.93) 94.48
b) Dea-ease/(lrKrease) in Trade Receivables and Advances (588.63) (1,370.04)
c) Decrease/(Increase) In Other Current Assets (217,86) 71.95
d) Increase/ (Derxease) in Trade and Other Payables 962.16 (1,036.28 (779.721 (1,983.33
866.62 165.01
Income Taxes (Paid)/ Refund received (net)
(119.10 (70.92
Net Cash Inflow I (Outflow) from Operations (A) 749.52 94.09
II. CASH PLOW ARISING FROM INVESTING ACTMTIES:
a) Interest Income 50.30 13.62
b) Proceeds from Sale of Pn^Jerty, Rant and EquipmenTs 37.96 56.49
c) ^ulsltlon of Property. Plant and Equipments (513.54 (207.83)
d) Investments written off
(0.27)
e] Decrease/(Increase) in Bank Deposits 113.79 (311.49; (1M.85) (302.84
Net Cash Inflow / (Outflow) In Course of Investing Act]\rities(B) (311.49) (302.84
III. CASH FLOW ARISING PROM FINANCING ACTMTIES:
a) Proceeds from Issue of Equity Shares under ESOP Scheme 25.20 26.77
b) Proceeds from/ (Repa^ent of) In Long Term Borrowings 96.84 1,759.77
c) proceeds from/ (Repayment in Short Term Borrowings 898.61 (1,800.79)
d) Payment of Lease Liabilities (Including Interest on lease liaUlitles) (92.05) (80.62)
e) Intere^Pald (374,56) 554.04 (401.61) (496.38)
Net Cash lnflow/(Outflow) In Course of Financing ActMUes (C) S544M (496.38)
Net lncrease/(Oecrease) in Cash/Cash Equivalents (A+B+C) 99^07 (705.13)
Add: Cash/Cash Equivalents al the beginning of me year 463.75 1,168.88
Cash/Cash Equlval^its at the end of the year
1,455.82 463.75
Consists of: \ 0/
Cash In Hand O 1.30 3.65
Bank B<tiance 1,454.52 460.10
Closing Cash at the end of the year * * 1,455.82 463.75
ft ■
\
----- End of picture text -----*