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BODHI TREE MULTIMEDIA LIMITED Annual Report 2021
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Annual Report
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Date: 30.06.2021
To, The Listing Compliance National Stock Exchange of India Ltd. Exchange Plaza, C-1, Block G, BandraKurla Complex, Bandra (E) Mumbai – 400 051
NSE SYMBOL: BTML
Sub: Outcome of the Meeting of Board of Directors held on 30th June, 2021 at 02:30 P.M.
Dear Sir/Madam,
Pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III of the said Regulations, we inform you that the Board of Directors of the Company at its meeting held today, i.e. Wednesday, June 30, 2021, at 02.30 P.M, inter alia, has approved the following items:
-
- With the permission of Board, we have considered, approved and taken on record the Standalone & Consolidated Audited Financial Results of the company for the half year and year ended on 31st March, 2021 along with Auditor's Report with Unmodified Opinion and Declaration by the Company.
-
- With the permission of the Board we have considered, approved and take on record the appointment of M/s. Brijesh Shah & Co. Company Secretaries, as Secretarial Auditor for the year 2021-2022.
We further inform you that the Board Meeting commenced at 02:30 pm today and concluded at 6:30 p.m
Kindly take same on your records.
Thanking You, For BODHI TREE MULTIMEDIA LIMITED
MAUTI K TOLIA Digitally signed by MAUTIK TOLIA Date: 2021.06.30 18:37:47 +05'30'
MAUTIK AJIT TOLIA Managing Director DIN: 06586383
Encl:
-
- Audited Financial Results for the half year and year ended March 31, 2021 and statement of Assets and liabilities along with cash flow statement (Standalone & Consolidated)
-
- Auditors Report on Audited Financial Results. (Standalone & Consolidated)
-
- Declaration of the unmodified Auditor's Report. (Standalone & Consolidated)
bodhifree
507, 5TH Floor, Reliable Business Centre Commercial premises Co op Soc. Ltd. Anand Nagar, Opp Heera panna Shopping Centre, Oshiwara, Jogeshwari (west), Mumbai 400102 Tel.: 022-40101293 Email: [email protected] www.bodhitreemultimedia.com
Alok Bairagra
B.Com., EC.A.
Dominic D'costa
B.Com., F.C.A.
Independent Auditor's Report on Standalone Annual Financial Results of the Bodhi Tree Multimedia Limited Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended)
Independent Auditor's Report
To the Board of Directors of Bodhi Tree Multimedia Limited
Opinion
We have audited the accompanying standalone half yearly financial results ('the Statement') of Bodhi Tree Multimedia Limited ('the Company') for the half year ended on 31 March 2021, and the year to date results for the period from April 01, 2020 to March 31, 2021 prepared and being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended (The 'Listing Regulations').
In our opinion and to the best of our information and according to the explanations given to us. the Statement:
- presents financial results in accordance with the requirements of Regulation 33 of i. the Listing Regulations; and
- gives a true and fair view in conformity with the recognition and measurement ii. principles laid down in the applicable Accounting Standards and other Accounting principles generally accepted in India of the net profit and other financial information of the Company for the half year ended on March 31, 2021 and year as well as year to date results for the period from April 01,2020 to March 31, 2021.
Basis for Opinion
We conducted our audit in accordance with the Standards on Auditing ('SAs') specified under section 143(10) of the Companies Act, 2013 ('the Act'). Our responsibilities under those standards are further described in paragraph (a) of Auditor's Responsibilities section below. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India ('the ICAI') together with the ethical requirements that are relevant to our audit of the 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 ICAI's Code of Ethics. We believe that the
audit evidence obtained by us is sufficient and appropriate to provide a basis for our opinion.
Management's Responsibilities for the Standalone Financial Results
These half yearly financial results as well as year to date financial results have been prepared on the audited financial statements. The Company's Board of Directors is responsible for the preparation of these financial results that give a true and fair view of the net profit and other financial information in accordance with the recognition and measurement principles laid down in the Accounting Standards prescribed under section 133 of the Act read with relevant rules issued there under and other accounting principles generally accepted in India, and in compliance with Regulation 33 of 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 Statement that gives a true and fair view and is 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 the financial reporting process of the company.
Auditor's Responsibilities for the Audit of the Statement
Our objectives are to obtain reasonable assurance about whether the Standalone Financial Results as a whole is 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 SAs 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 this Standalone Financial Results.
As part of an audit in accordance with the SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:
- 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.
- Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company's internal controls.
- Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the Board of Directors.
- Conclude on the appropriateness of the Board of Directors' 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 Statement 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 Company to cease to continue as a going concern.
- Evaluate the overall presentation, structure and content of the Standalone Financial $\bullet$ Results, including the disclosures, and whether the 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 significant deficiencies in internal control that achieves fair presentation.
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.
Other Matter
The Statement includes the results for the half year ended 31 March 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 six months ended on September 30, 2020 which were subject to a limited review by us, as required under the Listing Regulations.
Firm Ren No 120927W
For SARA & Associates
Chartered Accountants Firm Registration No.120927W
$900070$ Alok Bairagra Partner
Membership No. 105153
Mumbai June 30, 2021 UDIN No: 21105153AAAAGI7752
(formerly known as Bodhi Tree MultiMedia Pvt. Ltd) CIN: U922211MH2013PTC245208
Regd Off. : 507, Reliable Business Centre, Jogeshwari West, Mumbai 400 102.
Email : [email protected]
Statement of Standalone audited Financial Results for the Year Ended on 31st March, 2021
| (Rs. in Lakhs) | |||||
|---|---|---|---|---|---|
| Sr. | No. Particulars | Half Year to datefigures for the periodended October 01,2020 to March 31, 2021 | Half Year to datefigures for the periodended April 01, 2020 toSeptember 30, 2020 | Year to date figures forthe period ended April01, 2020 to March 31,2021 | Year to date figures forthe period ended April01, 2019 to March 31,2020 |
| (Audited) | (Unaudited) | (Audited) | (Audited) | ||
| 1 | Income from operations | ||||
| (a) Revenue from operations | 2933.04 | 635.69 | 3568.73 | 2671.34 | |
| (b) Other Income | 24.53 | 4.94 | 29.47 | 75.18 | |
| Total Income from operations | 2957.57 | 640.63 | 3598.20 | 2746.52 | |
| 2 | Expenses | ||||
| (a) Cost of production | 2,300.94 | 546.19 | 2847.13 | 2689.62 | |
| (b) Change in inventories | 266.29 | (60.07) | 206.22 | (535.97) | |
| (c) Employee benefit expense | 53.19 | 34.24 | 87.44 | 58.98 | |
| (d) Finance cost | 6.76 | 14.88 | 21.64 | 25.64 | |
| (e) Depreciation and amortisation expense | 0.83 | 0.56 | 1.39 | 1.50 | |
| (f) Other expenses | 71.83 | 34.49 | 106.33 | 134.72 | |
| Total expenses | 2699.84 | 570.29 | 3270.14 | 2374.49 | |
| 3 | Profit / (Loss) before exceptional items (1-2) | 257.72 | 70.34 | 328.06 | 372.03 |
| 4 | Exceptional Items | - | - | - | - |
| 5 | Profit before extraordinary items and tax (3-4) | 257.72 | 70.34 | 328.06 | 372.03 |
| Extraordinary items | - | - | - | - | |
| 6 | Profit / (Loss) before tax (5-6) | 257.72 | 70.34 | 328.06 | 372.03 |
| 7 | Tax expense | ||||
| Current Tax | 43.70 | 9.36 | 53.06 | 64.53 | |
| 8 | Deffered Tax | 11.79 | 13.94 | 25.73 | (51.58) |
| Net Profit / (Loss) for the period (5-6) | 202.23 | 47.04 | 249.27 | 359.08 | |
| 9 | Paid-up Equity Share Capital (Face value of Rs. 10/- each) | 125.00 | 86.00 | 125.00 | 26.00 |
| 10 Earnings per share (of Rs.10/- each) (not annualised): | |||||
| Basic | 152.36 | 35.20 | 186.52 | 3360.63 | |
| Diluted | 152.36 | 35.20 | 186.52 | 3360.63 | |
| See accompanying note to the financial results |
Notes to the financial results:
1 1. The above Financial Results have been reviewed by the Audit Committee and approved by the Board of Directors at the meeting held on 30th June, 2021.The Statutory Auditors have carried out the audit for the half year and year ended 31st March, 2021 and issued unmodified report thereon.
2 The Financial Results have been prepared in accordance with the Accounting Standards as notified under section 133 of the Companies Act 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India as amended from time to time.
3 The outbreak of corona virus (COVID-19) pandemic globally and in India is causing significant disturbance and slowdown of economic activity. The Company's operation and revenue during the year were also impacted due to COVID-19. The Company has taken into account the possible impact of COVID-19 in preparation of audited financial results, including its assessment of recoverable value of its assets based in internal and external information upto the date of approval of these audited financial results and current indicators of future economic conditions.
4 The Company operates in one segment namely "Production of Content for television and Internet based programs" and therefore segment reporting as required under AS-17 is not applicable
5 The statement is as per Regulation 33 of the Securities and Exchange Board of India ('SEBI') (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('Listing Regulations').
6 The aforesaid results have been filed with Stock Exchange under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and are also available on the Stock Exchange website at www.nseindia.com and on website of the Company at www.bodhitreemultimedia.com
Managing Dirctor DIN:06586383 Mautik Tolia By order of the Board Bodhi Tree Multimedia Limited MAUTIK TOLIA Digitally signed by MAUTIK TOLIA Date: 2021.06.30 17:56:53 +05'30'
Place : Mumbai Date : 13th Nov, 2020 June 30, 2021
(formerly known as Bodhi Tree MultiMedia Pvt. Ltd)
CIN: U922211MH2013PTC245208 Regd Off. : 507, Reliable Business Centre, Jogeshwari West, Mumbai 400 102.
Email : [email protected]
Standalone Statement of Assets & Liability for the Year Ended on 31st March, 2021
| (Rs. in Lakhs) | ||||
|---|---|---|---|---|
| Particulars | Year to date figures forthe current periodended April 01, 2020 toMarch 31, 2021 | Year to date figures forthe period ended April01, 2019 to March 31,2020 | ||
| Audited | Audited | |||
| I | EQUITY AND LIABILITIES | |||
| (1) Shareholders' funds | ||||
| (a) Share capital | 125.00 | 26.00 | ||
| (b) Reserves and surplus(c) Share application money pending allotment | 532.94- | (35.33)0.74 | ||
| (2) Non-current liabilities | (250.48) | |||
| (a) Long-term borrowings | 8.48 | - | ||
| (b) Other Long Term Liabilities | 85.00 | |||
| (3) Current liabilities | ||||
| (a) Short-term borrowings | 267.32 | 530.07 | ||
| (b) Trade payables | ||||
| -Total outstanding dues of micro enterprises and small enterprises | - | - | ||
| -Total outstanding dues of creditors other than micro enterprises and | 398.05 | 434.34 | ||
| small enterprises | ||||
| (c) Other current liabilities | 408.07 | 435.83 | ||
| (d) Short-term provisions | 14.07 | - | ||
| TOTAL | 1753.91 | 1226.18 | ||
| II | ASSETS | |||
| (1) Non-current assets | ||||
| (a) Fixed assets | ||||
| (i) Tangible assets | 3.68 | 4.37 | ||
| (b) Deferred tax assets | 25.85 | 51.58 | ||
| (c) Non-current investments | 1.00 | 1.00 | ||
| (d) Long-term loans and advances | 211.27 | 124.41 | ||
| (e) Other Non Current Assets | 57.22 | 0.00 | ||
| (2) Current assets | ||||
| (a) Inventories | 329.75 | 535.97 | ||
| (b) Trade receivables | 532.78 | 421.09 | ||
| (c) Cash and cash equivalents | 250.48 | 53.50 | ||
| (d) Short-term loans and advances | 30.54 | 1.20 | ||
| (e) Other Current Assets | 311.34 | 283.53 | ||
| TOTAL | 1753.91 | 1476.65 |
By order of the Board
Bodhi Tree Multimedia Limited
MAUTI K TOLIA Digitally signed by MAUTIK TOLIA Date: 2021.06.30 17:57:25 +05'30'
Place : Mumbai Date : 13th Nov, 2020 June 30, 2021
Mautik Tolia DIN:06586383 Managing Dirctor
(formerly known as Bodhi Tree MultiMedia Pvt. Ltd)
CIN: U922211MH2013PTC245208
Regd Off. : 507, Reliable Business Centre, Jogeshwari West, Mumbai 400 102.
Email : [email protected]
Standalone Statement Of Cash Flows For The Year Ended 31st March, 2021
| Particular | Year to date figuresfor the period endedApril 01, 2020 toMarch 31, 2021 | Year to date figuresfor the period endedApril 01, 2019 toMarch 31, 2020 | |
|---|---|---|---|
| Audited | Audited | ||
| A) | CASH FLOW FROM OPERATING ACTIVITIES : | ||
| Profit before Taxation | 328 | 372 | |
| Adjustments for: | - | - | |
| Depreciation and amortisation expense | 1 | 1 | |
| Bad debts trade receivable | 2 | 8 | |
| Interest expense on borrowing | 20 | 19 | |
| Interest on income tax refund | (3) | (2) | |
| Provision / liabilities no longer required written back | (26) | (73) | |
| Operating Profit before Working Capital Changes | 321 | 325 | |
| Adjustments for changes in working capital: | |||
| Change in inventories | 206 | (536) | |
| (Decrease) / increase in trade payable and other current & non-current liabilities | (123) | (224) | |
| (Decrease) / increase in long term liabilities & long term provision | - | (63) | |
| Decrease / (increase) in trade receivable | (113) | 154 | |
| Decrease / (increase) in non-current assets | (57) | - | |
| Decrease / (increase) in Short-term loans and advances other current assets | (207) | 161 | |
| Cash generated from operations | 27 | (182) | |
| 6 Net Cash (used in) from operating activities | 27 | (182) | |
| B) | CASH FLOW FROM INVESTING ACTIVITIES : | ||
| Purchase of intangible & tangible assets | - | (3) | |
| Interest on income tax refund | 3 | 2 | |
| Change in Non current investment (Net) | - | 1 | |
| Net Cash generated investing activities | 3 | 0 | |
| C) | CASH FLOW FROM FINANCING ACTIVITIES : | ||
| Proceeds from short term borrowings | (263) | 248 | |
| Proceeds from issue of capital / share application money | 431 | 251 | |
| Refund Share application money | (1) | - | |
| Interim Dividend Paid | (12) | - | |
| Income Tax on Interim Dividend | (1) | - | |
| Repayment of long term borrowings | 8 | (232) | |
| Interest paid | (20) | (19) | |
| Net Cash generated from financing activities | 143 | 248 | |
| Net increase in Cash and Cash Equivalents (A+B+C) | 173 | 66 | |
| Cash and cash equivalents at the beginning of the period / year | 53 | 7 | |
| Cash and cash equivalents at the end of the period / year | 227 | 72 |
By order of the Board
Managing Dirctor Mautik Tolia MAUTIK TOLIA Digitally signed by MAUTIK TOLIA Date: 2021.06.30 17:57:57 +05'30'
Place : Mumbai Date : 13th Nov, 2020 June 30, 2021 DIN:06586383
Independent Auditor's Report on Consolidated Annual Financial Results of the Bodhi Tree Multimedia Limited Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended)
Independent Auditor's Report
To the Board of Directors of Bodhi Tree Multimedia Private Limited
Opinion
We have audited the accompanying consolidated half yearly financial results ('the Statement') of Bodhi Tree Multimedia Limited ('the Company') and it's One Associate for the half year ended on 31 March 2021, and the year to date results for the period from April 01, 2020 to March 31, 2021 prepared and being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended (The 'Listing Regulations').
In our opinion and to the best of our information and according to the explanations given to us and based on the consideration of the audit report of the other auditor on separate financial statement of the Associate referred to in Other Matters section below, these consolidated financial results as well as year to date results:
- is presented in accordance with the requirements of Regulation 33 of the Listing i. Regulations; and
- gives a true and fair view in conformity with the recognition and measurement ii. principles laid down in the applicable Accounting Standards and other Accounting principles generally accepted in India of the net profit and other financial information of the Company for the half year ended on March 31, 2021 and year as well as year to date results for the period from April 01, 2020 to March 31, 2021.
Basis for Opinion
We conducted our audit in accordance with the Standards on Auditing ('SAs') specified under section 143(10) of the Companies Act, 2013 ('the Act'). Our responsibilities under those standards are further described in paragraph (a) of Auditor's Responsibilities section below. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India ('the ICAI') together with the ethical requirements that are relevant to our audit of the 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 ICAI's Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our opinion.
Management's Responsibilities for the Consolidated Financial Results
These half yearly financial results as well as year to date financial results have been prepared on the audited financial statements. The Company's Board of Directors is responsible for the preparation of these financial results that give a true and fair view of the net profit and other financial information in accordance with the recognition and measurement principles laid down in the Accounting Standards prescribed under section 133 of the Act read with relevant rules issued there under and other accounting principles generally accepted in India, and in compliance with Regulation 33 of 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 Statement that gives a true and fair view and is free from material misstatement, whether due to fraud or error.
In preparing the Consolidated 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 the financial reporting process of the company.
Auditor's Responsibilities
Our objectives are to obtain reasonable assurance about whether the Consolidated Financial Results as a whole is 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 SAs 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 this Consolidated Financial Results.
| SARA & ASSOCIATES | Santosh JainM.Com., F.C.A., DISA | Ramawatar SharmaB.Com., F.C.A. | Rajesh AgarwalB.Com., F.C.A. | Alok BairagraB.Com., F.C.A. | |
|---|---|---|---|---|---|
| hartered Accountants: | Manoj AgarwałB.Com. F.C.A. | Rachana KanoiB.Com., F.C.A., C.S. | Kamal SharmaB.Com., EC.A. | Dominic D'costaB.Com., F.C.A. |
As part of an audit in accordance with the SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:
- 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 higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
- Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company's internal controls.
- Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the Board of Directors.
- Conclude on the appropriateness of the Board of Directors' 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 Statement 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 Company to cease to continue as a going concern.
- $\bullet$ Evaluate the overall presentation, structure and content of the Consolidated Financial Results, including the disclosures, and whether the 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 significant deficiencies in internal control that achieves fair presentation.
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.
Other Matter
We did not audit the financial statement of the Associates included in the consolidated financial result whose financial statement includes share of net loss of Rs.6,733/- for the year ended March, 31, 2021 as considered in the statement. This financial result has been audited by another auditor whose report has been furnished to us by the management and our opinion and conclusion on the statement is solely based on the report of the other auditor and the procedures performed by us as stated under Auditor's responsibilities as above.
Our opinion on the Statement is not modified in respect of the above matter with respect to our reliance on the work done and the report of the above auditor. The Statement includes the results for the half year ended 31 March 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 six months ended on September 30, 2020 which were subject to a limited review by us, as required under the Listing Regulations.
For SARA & Associates
UDIN: 21105153AAAAGJ4289
Mumbai
June 30, 2021
Chartered Accountants Firm Registration No.120927W ASSC Firm Reg.No cagra 120927W Alok Bairagra Partner Membership No. 105153
Andheri Office: A-503, Vertex Vikas Building, Above Mitra Nursing Home, Sir M. V. Road, Andheri (East), Mumbai - 400 069. | Tel: 2682 6081-82 / 6238 6832 / 6238 6834
(formerly known as Bodhi Tree MultiMedia Pvt. Ltd) CIN: U922211MH2013PTC245208
Regd Off. : 507, Reliable Business Centre, Jogeshwari West, Mumbai 400 102.
Email : [email protected]
Statement of Consolidated audited Financial Results for the Year Ended on 31st March, 2021
| (Rs. in Lakhs) | |||||
|---|---|---|---|---|---|
| Sr. | No. Particulars | Half Year to datefigures for the periodended October 01,2020 to March 31, 2021 | Half Year to datefigures for the periodended April 01, 2020 toSeptember 30, 2020 | Year to date figures forthe period ended April01, 2020 to March 31,2021 | Year to date figures forthe period ended April01, 2019 to March 31,2020 |
| (Audited) | (Unaudited) | (Audited) | (Audited) | ||
| 1 | Income from operations | ||||
| (a) Revenue from operations | 2933.04 | 635.69 | 3568.73 | 2671.34 | |
| (b) Other Income | 24.53 | 4.94 | 29.47 | 75.18 | |
| Total Income from operations | 2957.57 | 640.63 | 3598.20 | 2746.52 | |
| 2 | Expenses | ||||
| (a) Cost of production | 2,300.94 | 546.19 | 2847.13 | 2689.62 | |
| (b) Change in inventories | 266.29 | (60.07) | 206.22 | (535.97) | |
| (c) Employee benefit expense | 53.19 | 34.24 | 87.44 | 58.98 | |
| (d) Finance cost | 6.76 | 14.88 | 21.64 | 25.64 | |
| (e) Depreciation and amortisation expense | 0.83 | 0.56 | 1.39 | 1.50 | |
| (f) Other expenses | 71.83 | 34.49 | 106.33 | 134.72 | |
| Total expenses | 2699.84 | 570.29 | 3270.14 | 2374.49 | |
| 3 | Profit / (Loss) before exceptional items (1-2) | 257.72 | 70.34 | 328.06 | 372.03 |
| 4 | Exceptional Items | - | - | - | - |
| 5 | Profit/(Loss) on share of associates | (0.07) | - | (0.07) | |
| 6 | Profit before extraordinary items and tax (3-4-5) | 257.72 | 70.34 | 328.06 | 372.03 |
| Extraordinary items | - | - | - | - | |
| 7 | Profit / (Loss) before tax (5-6) | 257.72 | 70.34 | 328.06 | 372.03 |
| 8 | Tax expense | ||||
| Current Tax | 43.70 | 9.36 | 53.06 | 64.53 | |
| Deffered Tax | 11.79 | 13.94 | 25.73 | (51.58) | |
| 9 | Net Profit / (Loss) for the period (5-6) | 202.23 | 47.04 | 249.27 | 359.08 |
| 10 Paid-up Equity Share Capital (Face value of Rs. 10/- each) | 125.00 | 86.00 | 125.00 | 26.00 | |
| 11 Earnings per share (of Rs.10/- each) (not annualised):Basic | 186.47 | 3360.63 | |||
| Diluted | 152.36152.36 | 35.2035.20 | 186.47 | 3360.63 | |
| See accompanying note to the financial results |
Notes to the financial results:
1 1. The above Financial Results have been reviewed by the Audit Committee and approved by the Board of Directors at the meeting held on 30th June, 2021.The Statutory Auditors have carried out the audit for the half year and year ended 31st March, 2021 and issued unmodified report thereon.
2 The Financial Results have been prepared in accordance with the Accounting Standards as notified under section 133 of the Companies Act 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India as amended from time to time.
3 The outbreak of corona virus (COVID-19) pandemic globally and in India is causing significant disturbance and slowdown of economic activity. The Company's operation and revenue during the year were also impacted due to COVID-19. The Company has taken into account the possible impact of COVID-19 in preparation of audited financial results, including its assessment of recoverable value of its assets based in internal and external information upto the date of approval of these audited financial results and current indicators of future economic conditions.
4 The Company operates in one segment namely "Production of Content for television and Internet based programs" and therefore segment reporting as required under AS-17 is not applicable
5 The statement is as per Regulation 33 of the Securities and Exchange Board of India ('SEBI') (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('Listing Regulations').
6 The aforesaid results have been filed with Stock Exchange under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and are also available on the Stock Exchange website at www.nseindia.com and on website of the Company at www.bodhitreemultimedia.com
By order of the Board Bodhi Tree Multimedia Limited
MAUTIK TOLIA Digitally signed by MAUTIK TOLIA Date: 2021.06.30
17:59:31 +05'30'
Place : Mumbai Mautik Tolia Date : 13th Nov, 2020 June 30, 2021
Managing Dirctor DIN:06586383
(formerly known as Bodhi Tree MultiMedia Pvt. Ltd)
CIN: U922211MH2013PTC245208 Regd Off. : 507, Reliable Business Centre, Jogeshwari West, Mumbai 400 102.
Email : [email protected]
Consolidated Statement of Assets & Liability for the Year Ended on 31st March, 2021
| (Rs. in Lakhs) | |||
|---|---|---|---|
| Particulars | Year to date figures forthe current periodended April 01, 2020 toMarch 31, 2021 | Year to date figures forthe period ended April01, 2019 to March 31,2020 | |
| Audited | Audited | ||
| I | EQUITY AND LIABILITIES | ||
| (1) Shareholders' funds | |||
| (a) Share capital | 125.00 | 26.00 | |
| (b) Reserves and surplus | 532.87 | (35.33) | |
| (c) Share application money pending allotment | - | 0.74 | |
| (2) Non-current liabilities | (250.48) | ||
| (a) Long-term borrowings | 8.48 | - | |
| (b) Other Long Term Liabilities | 85.00 | ||
| (3) Current liabilities | |||
| (a) Short-term borrowings | 267.32 | 530.07 | |
| (b) Trade payables | |||
| -Total outstanding dues of micro enterprises and small enterprises | - | - | |
| -Total outstanding dues of creditors other than micro enterprises and small enterprises | 398.05 | 434.34 | |
| (c) Other current liabilities | 408.07 | 435.83 | |
| (d) Short-term provisions | 14.07 | - | |
| TOTAL | 1753.85 | 1226.18 | |
| II | ASSETS | ||
| (1) Non-current assets | |||
| (a) Fixed assets | |||
| (i) Tangible assets | 3.68 | 4.37 | |
| (b) Deferred tax assets | 25.85 | 51.58 | |
| (c) Non-current investments | 0.93 | 1.00 | |
| (d) Long-term loans and advances | 211.27 | 124.41 | |
| (e) Other Non Current Assets | 57.22 | 0.00 | |
| (2) Current assets | |||
| (a) Inventories | 329.75 | 535.97 | |
| (b) Trade receivables | 532.78 | 421.09 | |
| (c) Cash and cash equivalents | 250.48 | 53.50 | |
| (d) Short-term loans and advances | 30.54 | 1.20 | |
| (e) Other Current Assets | 311.34 | 283.53 | |
| TOTAL | 1753.85 | 1476.65 |
By order of the Board Bodhi Tree Multimedia Limited
MAUTIK TOLIA Digitally signed by MAUTIK TOLIA Date: 2021.06.30 18:00:02 +05'30'
Place : Mumbai
Mautik Tolia Date : 13th Nov, 2020 June 30, 2021 DIN:06586383 Managing Dirctor
(formerly known as Bodhi Tree MultiMedia Pvt. Ltd)
CIN: U922211MH2013PTC245208
Regd Off. : 507, Reliable Business Centre, Jogeshwari West, Mumbai 400 102.
Email : [email protected]
| Consolidated Statement Of Cash Flows For The Year Ended 31st March, 2021 | |
|---|---|
| -------------------------------------------------------------------------- | -- |
| (Rs. In Lakhs) | |||
|---|---|---|---|
| Particular | Year to date figuresfor the period endedApril 01, 2020 toMarch 31, 2021 | Year to date figuresfor the period endedApril 01, 2019 toMarch 31, 2020 | |
| Audited | Audited | ||
| A) | CASH FLOW FROM OPERATING ACTIVITIES : | ||
| Profit before Taxation | 328.06 | 372.03 | |
| Adjustments for: | - | - | |
| Depreciation and amortisation expense | 1.39 | 1.50 | |
| Bad debts trade receivable | 1.77 | 7.89 | |
| Interest expense on borrowing | 19.73 | 18.93 | |
| Interest on income tax refund | (3.10) | (2.42) | |
| Provision / liabilities no longer required written back | (26.37) | (72.76) | |
| Operating Profit before Working Capital Changes | 321.48 | 325.16 | |
| Adjustments for changes in working capital: | |||
| Change in inventories | 206.22 | (535.97) | |
| (Decrease) / increase in trade payable and other current & non-current liabilities | (122.70) | (223.77) | |
| (Decrease) / increase in long term liabilities & long term provision | - | (62.81) | |
| Decrease / (increase) in trade receivable | (113.46) | 154.36 | |
| Decrease / (increase) in non-current assets | (57.22) | - | |
| Decrease / (increase) in Short-term loans and advances other current assets | (207.27) | 160.92 | |
| Cash generated from operations | 27.06 | (182.11) | |
| Direct taxed paid including refund and deferred tax (net) | 23.56 | (18.80) | |
| Net Cash (used in) from operating activities | 50.62 | (200.91) | |
| B) | CASH FLOW FROM INVESTING ACTIVITIES : | ||
| Purchase of intangible & tangible assets | - | (3.03) | |
| Interest on income tax refund | 3.10 | 2.42 | |
| Change in Non current investment (Net) | 0.07 | 0.73 | |
| Net Cash generated investing activities | 3.17 | 0.12 | |
| C) | CASH FLOW FROM FINANCING ACTIVITIES : | ||
| Proceeds from short term borrowings | (262.75) | 247.70 | |
| Proceeds from issue of capital / share application money | 430.50 | 250.74 | |
| Refund Share application money | (0.74) | - | |
| Interim Dividend Paid | (11.76) | - | |
| Income Tax on Interim Dividend | (0.74) | - | |
| Repayment of long term borrowings | 8.48 | (231.83) | |
| Interest paid | (19.73) | (18.93) | |
| Net Cash generated from financing activities | 143.26 | 247.68 | |
| Net increase in Cash and Cash Equivalents (A+B+C) | 197.05 | 46.88 | |
| Cash and cash equivalents at the beginning of the period / year | 53.50 | 6.62 | |
| Cash and cash equivalents at the end of the period / year | 250.54 | 53.50 | |
By order of the Board
Digitally signed by MAUTIK TOLIA Date: 2021.06.30 18:00:35 +05'30'
DIN:06586383 Managing Dirctor
Place : Mumbai Date : 13th Nov, 2020 June 30, 2021
Date: 30.06.2021
To,
The Listing Compliance National Stock Exchange of India Ltd. Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai - 400 051
NSE SYMBOL: BTML
Subject: Declaration pursuant to Regulation 33(3)(d) of the Securities and Exchange Board Of India (LODR) Regulations, 2015
Dear Sir/Madam,
This is hereby declared and confirmed that the Auditors' Report given by the Statutory Auditors of the Company on the Audited financial Results (Standalone & Consolidated) of the Company for the half year and year ended on 31st March, 2021 is with Unmodified Opinion.
Kindly take same on your records.
Thanking You.
Yours faithfully
For BODHI TREE MULTIMEDIA LIMITED
MAUTI K TOLIA Digitally signed by MAUTIK TOLIA Date: 2021.06.30 18:29:52 +05'30'
MAUTIK AJIT TOLIA Managing Director DIN: 06586383We confirm ALOK BAIRAGR A Digitally signed by ALOK BAIRAGRA Date: 2021.06.30 18:43:26 +05'30'
Mr. Alok Bairagra Partner Membership No. 105153 SARA & Associates Chartered Accountants Firm Registration No. 120927W
