BLB Limited — Annual Report 2021

Jun 25, 2021

ISIN: INE791A01024

25% June, 2021	ISIN: INE791A01024
To,	To,
The Manager (Listing) National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex Bandra (East) Mumbai- 400 051	The Manager (Listing) Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001

• Subject: Outcome of Board Meeting held today inter alia to consider and approve the Audited Financial Statements and Results along with Auditors' Report for the Quarter and year ended on March 31, 2021 and other matters.
• Ref: Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI — Circular CIR/CFD/FAC/62/2016 dated July 05, 2016 and SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015

Dear Sir/ Ma'am,

Pursuant to Regulation 33 read with Regulation 30 the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors at its meeting held today i.e. Friday, 25 June, 2021, inter alia, has considered and approved:

• 1. The Audited Financial Statements for the financial year ended on 31% March, 2021.
• 1. The Audited Financial Results for the quarter and year ended on 31% March, 2021, along with Statement of Assets and Liabilities and Cash Flow Statement for the half year ended on 318 March, 2021. (Attached herewith as Annexure-A)

The Board of Directors had also considered and approved the matter relating to reappointment of Mr. Anshul Mehra (DIN: 00014049) as Executive Director of the Company for a further period of 3 (three) years effective from 1' August, 2022, subject to the approval of shareholders at the ensuing Annual General Meeting of the Company.

—_ CIN : L67120DL1981PLC354823 BLB Limited Corporate Member : NSE

Registered Office : H.No. 4760-61/23, 3rd Floor, Ansari Road, Darya Ganj, New Delhi-110 002 Tel : 011-49325600 Website : www.blblimited.com, Email : infoblb@blblimited.com

Further, we confirm that Mr. Anshul Mehra has not been debarred from holding the office of Director by virtue of any SEBI order or any other authority. Also, he is not related to any Director or Key Managerial Personnel or Promoters of the Company.

Pursuant to SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015, a brief profile of Mr. Anshul Mehra is attached herewith as Annexure-B.

The meeting of the Board of Directors of the Company dated 25" June, 2021 commenced at 05:00 p.m. and concluded at 07:00 p.m.

We request you to kindly take the above information on record

Thanking you,

Yours Faithfully, fof

\ ¹

M. No. ACS 35026

Encl: As above

R K AHUJA & CO

Chartered Accountants 1328, Sector - 28, Faridabad - 121 008 Phone : 0129- 4045360, Mob.: 91- 9810866494 Email : rkahuja_ca@yahoo.co.in

To, The Board of Directors BLB Limited H.No.4760-61/23, 3" Floor Ansari Road, Darya Ganj New Delhi — 110002

Independent Auditor's Report on the Statement of Financial Results

1. We have audited the quarterly financial results of M/s BLB Limited for the quarter ended March 31, 2021 and the year-to-date results for the period 01-04-2020 to 31-03-2021 attached herewith, being submitted by the company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. as modified by Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016.

Management's Responsibility for the Financial Results

1. The management is responsible for the preparation of the accompanying statement. The management is also responsible for the preparation of the annual statutory financial statements in accordance with the Accounting Standards specified under section 133 of the Companies Act, ²⁰¹³(the "accounting principles generally accepted in India"), basis which the above statement containing the annual audited financial results has been prepared. The responsibility includes the design, implementation and maintenance of internal control relevant to the preparation of the statement that is free from material misstatement, whether due to fraud or error.

Auditor's Responsibility

• 1. Our responsibility is to express and own opinion on the statement based on our audit. We conducted our audit in accordance with the standards on auditing specified under section 143(10) of the Companies Act, 2013 ("the Act") and other applicable authoritative pronouncements issued by the Institute of Chartered Accountants of India. Those Standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.
• 1. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the statement. The procedures selected depend on the auditor's judgement, including the assessment of the risks of material misstatement of the Statement, whether due to fraud or error. In making those risk assessments, the auditors consider internal control relevant to the entity's preparation and fair presentation of the Statement in order to design audit procedures that are appropriate in the circumstances. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by Management, as well as evaluating the overall presentation of the Statement.
• 5S. We believe that the audit evidence we have.gbtatned is sufficient and appropriate to provide ^a basis for our audit opinion.

Opinion

• 1. Inour opinion and to the best of our information and according to the explanations given to us:
• a. the Statement, together with the notes thereon are presented in the format prescribed under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in this regard; and
• b. the annual audited financial results for the year ended March 31, 2021 as set out in the Statement gives a true and fair view of the total comprehensive income (comprising of profit and other comprehensive income) and other financial information of the company for the year ended March 31, 2021 in accordance with the accounting principles generally accepted in India.

Emphasis of Matter

1. We draw your attention to Note 4 of the Statement regarding the figures for the quarter ended March 31, 2021, which are the balancing figures between audited figures in respect of the full financial year and the audited/ published year-to-date figures up to the third quarter of the current financial year. Our opinion is not qualified in respect of this matter.

Other Matter

1. The statement dealt with by this report has been prepared for the express purpose of filing with Stock Exchanges. This statement is based on and should be read with the audited financial statements of the company for the year ended March 31, 2021 0n which we issued an unmodified audit opinion vide our report dated June 25, 2021.

Restriction on Use

1. This report is addressed to the Board of Directors of the Company and has been prepared for and only for the purposes set out in paragraph 8 above. This report should not be otherwise used by any other party for any other purpose.

Place: New Delhi Date: 25/06/2021 UDIN: 21090376 AAR AAK 3384

Sm LD

Registered Office: H.No. 4760-61/23, 3rd Floor, Ansari Road, Darya Ganj, New Delhi - 110 002

Sm	LD			Annexure A
Registered Office: H.No. 4760-61/23, 3rd Floor, Ansari Road, Darya Ganj, New Delhi - 110 002 STATEMENT OF AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31 2021	CIN: L671200L1981PLC354823 (Corporate Member: NSE)
Revenue .
Revenue from Operations l) Other Income	3,151 16	10,244 6	15,293 (297)	53,721 26	20,234 (266)]
Total Revenue (I to I!)	3,167	10,250	14,996	53,747	19,968
Iv Expenses Cost of Material Consumed
a) Purchase of Stock-in-trade b)	3,007	- 10,304	- 14,926	- 52,878	- 19,833
(Changes in Inventories of Stock-in-trade c)	(41)	(296)	(33)	(158)	(289)
Employees Benefit Expenses d) Depreciation and Amortisation Expenses e)	39 5	31 8	27 10	127 28	133 37
Finance Costs f)	21	26	39	129	155
Other Expenses g) Total Expenses (a to g)	33 3,064	52 10,125	242 15,211	339 53,343	341 20,210
V Profit before Exceptional Items (Ill- IV)	103	125	(215)	404	(242)]
VI Exceptional Items Vil Profit before Tax (V - VI)	- 103	- 125	(72) (287)	- 404	(933) (1,175)
vill Tax Expenses Current Tax
Deferred Tax	1 8	(29) 200	1 (333)	1 290	(372)
IX Profit/(Loss) for the period (Vil- VIII) X Other Comprehensive income	94	(46)	45	113	(804)]
- to be reclassified to profit & loss in subsequent periods Net gain/(loss) on FVTOCI Equity securities Income tax effect	1 (2)	22 (5)	(30) (0)	32 (7)	(90)} (1)
iaetmen income to be reclassified to profit & loss in	(1)	7	(30)	25	(91)
Total Comprehensive income for the Period (IX+X)	93	(29)	15	138	(895)
Xil Paid-up Equity Share Capital (Face Value of f 1/- each) any [Earring Per Share of FV ®1/- each before and after exceptional items)	529	529	529	529	529
(Not annualized) Basic a)	0.18	(0.09)	0.08	0.21	(1.52)}
Diluted b)	0.18	(0.09)	0.08	0.21	(1.52)
1) The above audited financial results were reviewed by the Audit Committee and thereafter by the Board of Directors at their respective meeting held on 25th June, 2021. The Company confirms that its statutory Auditors M/s R K Ahuja & Co. have issued audit report with unmodified opinion on the Financial Results. 2) The Financial Results of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under Companies (Indian Accounting Standards) 2015 Rules, the	as amended	by the Companies		(Indian Accounting figures reviewed by the Statutory Auditors	Standards)
(Amendment) Rules, 2016. 3) The format for Audited /Unaudited Annual/quarterly Results is as prescribed vide SEBI circular dated 5th July, 2016 and Schedule Ill (Division Il) to the Companies Act, 2013 applicable to companies that are required to comply with Ind AS. 4) The figures for the quarters ended 31st March, 2021 and 31st March, 2020 are the balancing figures between audited figures in respect of the full financial year ended 31st March, 2021 & 31st December, 2020 and for the year ended 31st March 2020 & 31st December 2019 respectively. 5) In line with the provision of Ind AS-108 'Operating Segment' and on the basis of review of operation being done by the senior management, the operations of the company fall under Shares & Securities business, which is considered to be the only reportable
segment by the management.				By order of the Board}
					tC B
Date: 25/06/2021					(AnshufMe hra)}

	Xil Paid-up Equity Share Capital (Face Value of f 1/- each)	529	529	529	529	529
	any [Earring Per Share of FV ®1/- each before and after exceptional items) (Not annualized)
	Basic a)	0.18	(0.09)	0.08	0.21	(1.52)}
	Diluted b)	0.18	(0.09)	0.08	0.21	(1.52)
Notes :
	1) The above audited financial results were reviewed by the Audit Committee and thereafter by the Board of Directors at their respective meeting held on 25th June, 2021. The Company confirms that its statutory Auditors M/s R K Ahuja & Co. have issued audit report with unmodified opinion on the Financial Results.
	2) The Financial Results of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under as amended Companies (Indian by the Companies (Indian Accounting Accounting Standards) 2015 Standards) Rules, the (Amendment) Rules, 2016.
	3) The format for Audited /Unaudited Annual/quarterly Results is as prescribed vide SEBI circular dated 5th July, 2016 and Schedule Ill (Division Il) to the Companies Act, 2013 applicable to companies that are required to comply with Ind AS.
	4) The figures for the quarters ended 31st March, 2021 and 31st March, 2020 are the balancing figures between audited figures in respect of the full financial year ended 31st March, 2021 & 31st December, 2020 and for the year ended 31st March 2020 & 31st December 2019 respectively. 5) In line with the provision of Ind AS-108 'Operating Segment' and on the basis of review of operation being done by the senior management, the operations of the company fall under Shares & Securities business, which is considered to be the only reportable segment by the management.					figures reviewed by the Statutory Auditors
	Date: 25/06/2021 Place: New Delhi					By order of the Board} tC B (AnshufMe hra)} ecutive Director DIN:00014049)

Se BS D B DB

CIN: L67120DL1981PLC354823 (Corporate Member: NSE)

Registered Office: H.No. 4760-61/23, 3rd Floor, Ansari Road, Darya Ganj, New Delhi - 110 002

					(₹ in Lacs)
SI. No.		Particulars		As at 31.03.2021	As at 31.03.2020
				(Audited)	(Audited)
	I. ASSETS
			(1) Non-current assets
			(a) Property, Plant and Equipment	1,143	1,153
			(b) Capital work-in-progress	46	46
			(c) Intangible Assets	$\overline{2}$	5
			(d) Financial Assets
			(i) Investments	160	143
			(ii) Other Financial Assets	201	305
			(e) Deferred tax assets (net)	373	670
			(f) Other non-current assets	2,602	2,652
			Total Non-Current Assets	4,527	4,974
	(2) Current assets
			(a) Inventories	563	405
	(b) Financial Assets
			(i) Trade receivables	16	16
			(ii) Cash and cash equivalents	82 424	753 403
			(iii) Bank balances other than (ii) above	2,363	3,496
			(iv) Other Financial Assets	66	97
			(c) Current Tax Assets (Net)	73	94
			(d) Other current assets	3,587	5,264
			Total Current Assets	8,114	10,238
			Total Assets
			II. EQUITY AND LIABILITIES
	Equity
			(a) Equity Share capital	529	529
			(b) Other Equity	7,288	7,151
		LIABILITIES		7,817	7,680
	Current liabilities
			(a) Financial Liabilities
			(i) Borrowings	245	1,570
			(ii) Trade payables	17	44
			(iii) Other Financial Liability	35	40
			(b) Other current liabilities	$\blacksquare$	902
			(c) Employee Benefit liability	0	$\overline{2}$
			Total Current liabilities	297	2,558
			Total Equity and Liabilities	8.114	10,238

Previous year figures have been regrouped/rearranged, wherever necessary to make figures comparable.

: 25/06/2021 www.blblimited.com a LMIZ\ (anshul Meh Place: New Delhi infoblb@blblimited.com tf ) cutive Directo !} DIN:0001

By order of the

BLB LIM

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BLB LIMITED

CIN: L67120DL1981PLC354823

Registered Office: H.No. 4760-61/23, 3rd Floor, Ansari Road, Darya Ganj, New Delhi - 110 002

AUDITED CASH FLOW STATEMENT FOR THE YEAR ENDED ON MARCH 31, 2021

BLB LIMITED
CIN: L67120DL1981PLC354823 (Corporate Member: NSE)
Registered Office: H.No. 4760-61/23, 3rd Floor, Ansari Road, Darya Ganj, New Delhi - 110 002
AUDITED CASH FLOW STATEMENT FOR THE YEAR ENDED ON MARCH 31, 2021		(Tin lacs)
Particulars	As at 31.03.2021	As at 31.03.2020
A}] Cash Flow from Operating Activities Profit / (Loss) before exceptional items and taxes	403.96	(242.03)
Adjustments to reconcile net profit to net cash provided by operating activities; Depreciation and Amortisation Expense	27,38	36.87
Adjustments in Depreciation for earlier years Adjustments in Fixed Assets	0.96	7
Interest Income Net (Gain) / Loss on Disposal of Property, Plant and Equipment	(0.37)	- (20.85)
Net Gain/(Loss) on Disposal of Investments	(2.01)
	(0.64)	332.02 -
Income from Investments Premium on Open Contracts of Options	(9.26) 24.88	(4.85) (12.74)
Additional Service Tax Deposited Amount paid towards BLB Employees Group Gratuity Trust	- -	(71.86) (5.19)
Provision for Employees Gratuity adjusted Adjustments for (increase)/ decrease in operating assets:	(1.75)	1.75
Other Non-Current Financial Assets Other Current Financial Assets	104.05 1,133.72	(108.33) (203.56)
Inventories	(158.54)	(289.23)
Other Current Assets Adjustments for increase/ (decrease) in operating liabilities	21.01	(6.98)
Trade and Other Payables Employee Benefit Obligations	(27.09) :	22.74 (0.02)
Other Financial Liabilities Other Current Liabilities :	(30.84) (902.35)	8.74 902.35
Cash Generated from Operations Income Tax Net of Refunds	583.11 30.28	333.83 (22.17)
Net Cash Inflow from Operating Activities	613.39	316.66
B)} Cash Flow from Investing Activities Payments for Property, Plant and Equipment including Capital Work in Progress	(17.22)	(23.79)
Proceeds from Sale of Property, Plant and Equipment Proceeds from Sale/Redemption of Investments	3.50 15.71	147.48 7.70
Proceeds from Other Non-Current Assets inter-Corporate deposit	50.00 -	- 200.00
Interest Received Income from Investments	: 9.26	20.85 4.35
Bank Balances not considered as Cash and Cash Equivalents	(20.41)	(370.60)
Net Cash Inflow from Investing Activities C)] Cash Flow from Financing Activities	40.84	(13.51)
Repayment /Acceptance of Current Borrowings (Net) : Net Cash Outflow from Financing Activities	(1,325.00) (1,325.00)	305.00 305.00
Net (Decrease)/ Increase in Cash and Cash Equivalents Cash and Cash Equivalents at the beginning of the financial year	(670.77) 752.82	608.15 144.67
Cash and Cash Equivalents at end of the year	\$2.05	752.82
Notes : 1. The Statement of Cash Flows has been prepared under the "Indirect Method" as set out in IND AS 7, "Statement of Cash Flows".
2. The above statement of Cash Flows were reviewed by the Audit Committee and thereafter by the Board of Directors at their respective meetings held on 25th June, 2021.

Notes :

By order of the Board]

BLB LIMITED

Annexure- B

Brief Profile and other details of Executive Director as per the requirement of SEBI Circular CIR/CFD/CMD/4/2015 dated 9 September, 2015

	Annexure- B
	Brief Profile and other details of Executive Director as per the requirement of SEBI Circular CIR/CFD/CMD/4/2015 dated 9 September, 2015
Name of Director	Sh. Anshul Mehra (DIN: 00014049)
Reason for change viz, appointment, resignation, removal, Mehra death-or-otherwise	recommendation Nomination Board The Directors, & on of of Remuneration Committee, had approved the re-appointment of Sh. Anshul Company 00014049) (DIN: Executive Director of the for as a further term of 3 (three) years with effect from 1 August, 2022. This re appointment approval of shareholders ensuing subject the the to at is Annual General Meeting of the Company.
and terms of appointment	Date of Appointment Re-appointed for a period of 3 years effective from 1° August, 2022 on the terms and conditions as approved by Board of Directors subject to approval of shareholders of the Company.
Brief Profile	Date of Birth: 16-09-1965
	Address: H- 504, Mayurdhwaj Apartment, I.P. Extension, Patparganj, New Delhi- 110092
	Qualification: CA, B.Com
	Mr. Anshul Mehra currently holds the position of Executive Experience: Company. He Director over years and varied of the has 30 of rich experience in the field of Capital & Commodity Market. He is looking after development, Corporate, Legal Financial business and strategic affairs, planning etc., of the Company.
	Shareholding in the Company: Nil
Disclosure of relationships with Directors	Mr. Anshul Mehra is not related to any Director of the Company.

DECLARATION

[Pursuant To SEBI Circular NO. CIR/CFD/CMD/56/2016 Dated May 27, 2016 for Audit Report with Unmodified Opinion(s)]

We, Anshul Mehra, Executive Director and Deepak Shrivastava, Chief Financial Officer of the Company do hereby declare that the Statutory Auditors of the Company, M/s. R. K. Ahuja & Co., Chartered Accountants (FRN: 031632N), have issued the Auditor's Report with unmodified opinion on the audited financial statements for the financial year ended on 31% March, 2021.

EXECUTI (Anshu Executive Mehra)" Director DIN: 00014049

IRE ~= Chief Financial Officer

Date: 25" June, 2021 Place: New Delhi

ous CIN : L67120DL1981PLC354823 BLB Limited | Corporate Member : NSE Registered Office: H.No. 4760-61/23, 3rd Floor, Ansari Road, Darya Ganj, New Delhi-110 002 Tel : 011-49325600 Website : www.blblimited,com, Email ; infoblb@blblimited.com