Centrum Capital Limited — Annual Report 2021

Jun 22, 2021

June 22, 2021

To,	To,
National Stock Exchange of India limited	BSE limited
Exchange Plaza,	Corporate Relations Department,
Plot No. C/1, G Block,	1st Floor, New Trading Ring,
Bandra - Kurla Complex, Bandra (East),	P. J. Towers, Dalal Street,
Mumbai - 400 051.	Mumbai - 400 001.

Sub.: Outcome of Board Meeting held on June 22, 2021 Ref: Scrip Code - 501150 and NSE Scrip Code - CENTRUM

Madam/Dear Sir,

The Board of Directors of the Company at its meeting held today, inter-alia, has:

• (a) Approved the Audited Financial Results (Standalone and Consolidated) for the Financial Year ended March 31, 2021;
• (b) Decided not to recommend any dividend for Financial Year 2020-2021, after taking into consideration the impact of the pandemic on the economy and the need therefore to conserve resources;
• (c) Approved an enabling resolution for raising funds through the issuance of Non-Convertible Debentures, up to an amount of Rs. 1000 crores, in one or more series and/or in one or more tranches, subject to the approval of Shareholders; and
• (d) Approved an enabling resolution for raising of funds through issue of equity shares through qualified institutional placements up to an amount of Rs. 500 crores subject to approval of the Shareholders/ Regulatory and/or Statutory Authorities as applicable.

In this connection, we are pleased to enclose the following:

• (a) Audited Financial Results (Standalone and Consolidated) for.the Financial Year ended March 31, 2021;
• (b) Audit Report of the Statutory Auditor of the Company (Standalone and Consolidated) for the Financial Year ended March 31, 2021; and
• (c) Declaration on Unmodified Opinion on Auditors' Report issued by the Statutory Auditor of the Company for FY 2020-2021, under Regulation 33{3)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.

The Certificate signed by the Debenture Trustee pursuant to the Regulation 52(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, will be sent shortly.

The Meeting of the Board of Directors of the Company commenced at 02:30 p.m. and concluded at 04:45 p.m.

Centrum Capital Limited(CIN No.:L6S990MH1977PLC019986)

The date of the Annual General Meeting of the Company for the Financial Year ended March 31, 2021 and Book Closure date will be intimated separately.

Kindly acknowledge the receipt and take the same on your record.

Thanking you,

Yours faithfully, For Centrum Capital Limited

Alstrah

Alpesh Shah Company Secretary

Encls: a/a

Centrum Capital Limited (CIN No.:L65990MH1977PLC019986)

Corporate Office : Centrum House, CST Road, Vidyanagari Marg, Kalina, Santacruz (East), Mumbai - 400 098. Tel : +91 22 4215 9000 Registered Office: 2nd Floor, Bombay Mutual Building, Dr. D. N. Road, Fort, Mumbai - 400 001. Tel: +91 22 2266 2434 Email: info@centrum.co.in Website: www.centrum.co.in

CINTRUM

June 22, 2021

To.	To,
National Stock Exchange of India Limited	BSE Limited
Exchange Plaza,	Corporate Relations Department,
Plot No. C/1, G Block,	1st Floor, New Trading Ring,
Bandra - Kurla Complex, Bandra (East),	P. J. Towers, Dalal Street,
Mumbai - 400 051.	Mumbai - 400 001.

Sub.: Declaration pursuant to Regulation 33(3) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, regarding Audit Report with Unmodified Opinion Ref: Scrip Code - 501150 and NSE Scrip Code - CENTRUM

Dear Sir/Madam.

In compliance with the provisions of Regulation 33(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time and SEBI Circular No. Cir/CFD/CMD/56/2016 dated May 27, 2016, we hereby declare that, M/s. Haribhakti & Co., LLP, Chartered Accountants, Statutory Auditors of the Company have issued Audit Reports with Unmodified Opinion on the Audited Financial Statements of the Company (Standalone and Consolidated), for the Financial Year ended March 31, 2021.

This is for your information and record.

Thanking You.

Yours faithfully, For Centrum Capital Limited

Jaspal Singh Bindra Executive Chairman

Corporate Office: Centrum House, CST Road, Vidyanagari Marg, Kalina, Santacruz (East), Mumbai - 400 098. Tel: +91 22 4215 9000 Registered Office: 2nd Floor, Bombay Mutual Building, Dr. D. N. Road, Fort, Mumbai - 400 001. Tel: +91 22 2266 2434 Email: info@centrum.co.in Website: www.centrum.co.in

Chartered Accountants

INDEPENDENT AUDITOR'S REPORT

To the Board of Directors of Centrum Capital Limited

Report on the Audit of the Standalone Financial Results

Opinion

We have audited the accompanying standalone annual financial results of Centrum Capital Limited ("the Company") for the year ended March 31, 2021 ("the Statement"), 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 amended ('Listing Regulations').

In our opinion and to the best of our information and according to the explanations given to us, the aforesaid Statement:

• is presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this $(i)$ regard; and
• 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, $(ii)$ of net loss and other comprehensive income and other financial information of the Company for the year ended 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 ("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 ("ICAI") together with the ethical requirements that are relevant to our audit of the Statement 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.

Emphasis of Matter

$KT1g$

We draw attention to Note 3 to the accompanying Statement, which explains the uncertainties and the management's evaluation of the financial impact on the Company due to lockdown and other restrictions imposed by the local governments on account of COVID-19 pandemic situation, for which a definitive assessment of the impact is highly dependent upon the circumstances as they evolve in the subsequent period.

Our opinion is not modified in respect of this matter.

Board of Directors' Responsibility for the Standalone Financial Results

This Statement has been prepared on the basis of the standalone annual financial statements. The Company's Board of Directors are responsible for the preparation and presentation of this Statement that give a true and fair view of the net loss and other comprehensive income and other financial information of Company in accordance with the recognition and measurement principles laid down in the Indian be

-ibhakti & Co. LLP, Chartered Accountants Regn. No. AAC- 3768, a limited liability partnership registered in India (converted on 17th June, 2014 from
....................................

יי וויין ופּענטר, וואר וויסטערט איט האנט און וויין וויין אייט איט און א א האנט אוייט אייט א און א א האנט און א
Registered offices: 705, Leela Business Park, Andheri-Kurla Road, Andheri (E), Mumbai - 400 059, India. Tel:+9 ED ACCO Other offices: Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, New Delhi.

Chartered Accountants

Accounting Standards prescribed under Section 133 of the Act read with relevant rules issued thereunder 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 give a true and fair view and is free from material misstatement, whether due to fraud or error.

In preparing the Statement, 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 Company's financial reporting process.

Auditor's Responsibilities for the Audit of the Standalone Financial Results

Our objectives are to obtain reasonable assurance about whether the Statement 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 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 Statement.

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

• Identify and assess the risks of material misstatement of the Statement, 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. 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 with reference to financial statements in place and the operating effectiveness of such controls.
• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures 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

Continuation Sheet

Chartered Accountants

report. However, future events or conditions may cause the Company to cease to continue as a going

Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement 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 we identify during our audit.

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

Other Matter

The Statement includes the unaudited financial results of one Trust, Centrum ESPS Trust, whose financial results reflect total assets of Rs. 2,387.92 lakhs as at March 31, 2021, total revenue of Rs. 1.84 lakhs and Rs. 2.56 lakhs and total loss after tax of Rs. 9.71 lakhs and Rs. 9.08 lakhs for the quarter and year ended March 31, 2021, respectively, and net cash inflow of Rs 67.17 lakhs for the year ended March 31, 2021, as considered in the Statement. These unaudited financial results have been furnished to us by the Board of Directors and our opinion on the Statement, in so far as it relates to the amounts and disclosures included in respect of this Trust is based solely on such unaudited financial results. In our opinion and according to the information and explanations given to us by the Board of Directors, these financial results are not material to the Company.

Our report is not modified in respect of this matter.

The Statement includes the results for the quarter ended March 31, 2021, being the balancing figure between audited figures in respect of full financial year and the published unaudited year to date figures up to the third quarter of the current financial year which were subject to limited review by

For Haribhakti & Co. LLP

Chartered Accountants

ICAI Firm Registration No. 103523W / W100048

Snehal Shah Partner

$KTIR$

Membership No.048539 UDIN: 21048539 AAAACP8739

lace: Mumbai $:$ June 22, 2021

Continuation Sheet

	Registered Office : Bombay Mutual Building, 2nd Floor, Dr.D.N.Road, Fort, Mumbai - 400001.	CENTRUM CAPITAL LIMITED CIN L65990MH1977PLC019986
	Corporate Office : Centrum House, C.S.T. Road, Vidya Nagari Marg, Kalina, Santacruz (East), Mumbai - 400098. Tel.: +91 22 42159000 Fax no.: +91 22 42159533 Email ID: info@centrum.co.in Website: www.centrum.co.in
	Statement of Standalone Audited Financials Results for the Quarter and Year ended March 31, 2021				(₹ in Lakhs) (except per equity share data)
		31-Mar-21	Quarter ended			Year Ended
	Particulars	Audited (Refer note no 8)	31-Dec-20 (Unaudited)	31-Mar-20 Audited (Refer note no 8)	31-Mar-21 (Audited)	31-Mar-20 (Audited)
1.	Revenue from operations a. Revenue from operations
	b. Net Gain on fair value changes	285.73 211.00	525.39 119.56	941.01 (99.12)	2,640.40 406.35	1,509.54
	c. Other Operating Income Total revenue from operations	219.58	115.34	91.00	567.51	(186.24) 364.00
	Other Income	716.31 669.50	760.29 687.38	932.89 617.09	3,614.26	1.687.30
2.	Total Income Expenses	1,385.81	1,447.67	1,549.98	1,964.41 5,578.67	1,479.70 3,167.00
	a. Finance Costs	990.76	891.57	1,058.67
	b. Impairment on Financial instruments c. Employee Benefits Expense	(26.62)	(32.93)	48.74	2,877.82 24.69	2,404.24 109.91
	d. Depreciation and Amortization Expense	452.99 52.29	428.73 54.05	498.35	1,681.21	2,418.91
	e. Other Expenses Total Expenses	326.80	224.55	56.17 287.47	217.09 1,276.08	264.56 1,830.79
3.	Profit/(Loss) before exceptional Items and tax	1,796.22 (410.41)	1,565.97	1,949.40	6,076.89	7,028.41
4. 5.	Exceptional Items (Refer note no 4)		(118.30)	(399.42) 3,058.29	(498.22)	(3,861.41) 6,258.00
6.	Profit/(Loss) before tax (3-4) Tax Expense	(410.41)	(118.30)	2,658.87	(498.22)	2,396.59
	Current tax Deferred tax	21.63	(42.00)	30.00	21.63	30.00
	Tax Adjustments for earlier years	171.72 326.06	82.46	(36.98)	149.33	41.46
7.	Total Tax Expense	519.41	(92.84) (52.38)	(6.98)	233.21 404.17	(599.57) (528.11)
8.	Profit/(Loss) for the Period/Year (5-6) Other Comprehensive Income (OCI)	(929.82)	(65.91)	2,665.85	(902.39)	2,924.70
	i. Item that will not be reclassified to profit or loss
	(a) Change in fair value of equity instruments designated at fair value through OCI (b) Remeasurement of Defined benefit scheme	40.47	(33.67)	(16.43)	(0.68)	(16.43)
	(c) Deferred tax on above	(12.68)	9.80	13.62 (3.97)	(28.69) 7.46	3.75 (1.09)
	ii. Items that will be reclassified to profit or loss Total Other Comprehensive Income/ (Loss)
9.	Total Comprehensive Income/(Loss) for the period/year (7+8)	27.79 (902.03)	(23.86) (89.79)	(6.78)	(21.91)	(13.77)
10. 11.	Paid-up Equity Share Capital (Face value of Rs.1/- Each) Other Equity	4,160.33	4,160.33	2,659.07 4,160.33	(924.30) 4,160.33	2,910.93 4,160.33
12.	Earning Per Share (not annualised for interim periods) (Face value of Rs.1/- Each)				49,433.12	50,200.98
	$(i)$ Basic $(Rs.)$ (i) Diluted (Rs.)	(0.22) (0.22)	(0.02) (0.02)	0.64 0.64	(0.22) (0.22)	0.70 0.70
2 3 4	The above standalone audited financial results for the quarter and year ended March 31, 2021 have been reviewed and recommended by the Audit Committee and approved by the Board at its meeting held on June 22, 2021. The Statutory Auditors have issued a report with unmodified opinion on the above standalone results. These standalone audited financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards 34 - Interim Financial Reporting ("Ind AS 34") prescribed under Section 133 of the Companies Act, 2013 ("the Act") read with relevant rules issued thereunder and other accounting principles generally accepted in India. The outbreak of COVID-19 pandemic across the globe and in India has contributed to a significant impact and volatility in the global and Indian financial markets and slowdown in the economic activities. The Management has evaluated the impact of COVID-19 on its assets comprising of property, plant and equipment, investments, trade receivables, Loans and other financial assets, and has concluded that there is no significant impact on the carrying amount of these assets besides impairment, if any, and are recoverable as at the Statement date. The impact of COVID-19 pandemic is dependent on future developments which is highly uncertain, therefore, the financial impact in subsequent periods may be different than currently assessed.
	Exceptional items for the quarter and year ended represents Particulars		Quarter ended			(₹ in Lakhs)
	Profit/ (Loss) on Sale of Investments in subsidiary	31-Mar-21	31-Dec-20	31-Mar-20	Year ended 31-Mar-21	31-Mar-20
	Gain on sale of debt trading business	$\sim$ ٠	$\tilde{\phantom{a}}$ $\sim$	7.80 3,050.49	$\bullet$	(542.49)
	Forfeiture of upfront subscription on share warrants Total	٠	$\omega$		٠ $\overline{\phantom{a}}$	3,050.49 3,750.00
5	The Company publishes standalone financial results along with the consolidated financial results. In accordance with Ind AS 108, Operating Segments, the Company has disclosed the segment			3.058.29
6	information in the notes to consolidated financial results. During the quarter ended March 31, 2021
	i) The Company infused ₹ 74.01 lakhs in its Foreign Subsidiary Centrum International Services PTE Limited. ii) The Company has received dividend of ₹ 37.42 lakhs from its Foreign Subsidiary Centrum Capital International Limited. iii) The Company has invested ₹ 500 lakhs in non-convertible redeemable cumulative preference shares issued by Centrum Microcredit Limited iv) The Company had contracted to buy 23,69,207 Shares of Centrum Retail Services Limited (a subsidiary of the company) for ₹ 8,004 Lakhs from non-controlling interest shareholders post receipt of approval from the Shareholders in July 2019. Pursuant to this, during the quarter the Company has purchased 1,85,002 equity shares of Centrum Retail Services Limited for a consideration of ₹ 625 lakhs settled through transfer of 50,00,000 Compulsory Convertible Debentures of Centrum Microcredit Limited (a subsidiary).
	v) The Company has raised an amount of ₹ 6,501 lakhs in multiple tranches through private placement by way of issue of Principal Protected, Secured, Rated, Listed, Redeemable, Non-convertible, Market linked debentures bearing a face value of ₹ 1,00,000 /- each.
$\overline{7}$	Disclosure under Regulation 52(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as certified by the management, is given as
8	The figures for the last quarter of the current year and of the previous year are the balancing figures between audited figures in respect of the full financial year and year to date reviewed figures upto
9 10	The standalone audited financial results for the quarter and year ended March 31, 2021 are being uploaded on the Company's website viz., www.centrum.co.in The previous period/year's figures have been regrouped/rearranged wherever necessary to conform to current period's/current year classification.
					For Centrum Capital Limited SIF	a
	Place: Mumbai Date: June 22, 2021				$\frac{1}{2}$ Jaspal Singh Bindra Executive Chairman	Mumba
				DIN: 00128320

		CENTRUM CAPITAL LIMITED CIN L65990MH1977PLC019986 Registered Office : Bombay Mutual Building, 2nd Floor, Dr.D.N.Road, Fort, Mumbai - 400001. Corporate Office : Centrum House, C.S.T. Road, Vidya Nagari Marg, Kalina, Santacruz (East), Mumbai - 400098. Tel.: +91 22 42159000 Fax no.: +91 22 42159533 Email ID: info@centrum.co.in Website: www.centrum.co.in
nnexure A
	A. Pursuant to Regulation 52(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), we submit herewith the following information pertaining to the Redeemable Non-Cumulative Principle Protected Market-Linked Non-Convertible Debentures (PPMLD) i) Details of outstanding PPMLD of face value ₹ 1,00,000/- per PPMLD :
Sr. No	Name of Series No. of	No MLD's	Amt. of Issue (₹)	Credit Rating
	1 INE660C07719	441	44,100,000	BWR PPMLD BBB/ Stable
	2 INE660C07727	130	13,000,000	BWR PPMLD BBB/ Stable
3 1	INE660C07743	250	25,000,000	BWR PPMLD BBB/ Stable
	4 INE660C07719	479	47,900,000	BWR PPMLD BBB/ Stable
	5 INE660C07743	281	28,100,000	BWR PPMLD BBB/ Stable
	6 INE660C07719	205	20,500,000	BWR PPMLD BBB/ Stable
	INE660C07743	250	25,000,000	BWR PPMLD BBB/ Stable
	8 INE660C07719	230	23,000,000	BWR PPMLD BBB/ Stable
	9 INE660C07743	100	10,000,000	BWR PPMLD BBB/ Stable
10	INE660C07719	75		BWR PPMLD BBB/ Stable
11	INE660C07719	110	7,500,000 11,000,000	BWR PPMLD BBB/ Stable
12	INE660C07750	130		BWR PPMLD BBB/ Stable
13	INE660C07768	775	13,000,000	BWR PPMLD BBB/ Stable
14	INE660C07768		77,500,000	BWR PPMLD BBB/ Stable
	15 INE660C07776	410	41,000,000	BWR PPMLD BBB/ Stable
	16 INE660C07776	275	27,500,000
17	INE660C07768	135	13,500,000	BWR PPMLD BBB/ Stable
18	INE660C07768	60	6,000,000	BWR PPMLD BBB/ Stable
19		270	27,000,000	BWR PPMLD BBB/ Stable
	INE660C07768	425	42,500,000	BWR PPMLD BBB/ Stable
	20 INE660C07768	375	37,500,000	BWR PPMLD BBB/ Stable
	21 INE660C07768	304	30,400,000	BWR PPMLD BBB/ Stable
	22 INE660C07768	304	30,400,000	BWR PPMLD BBB/ Stable
	23 INE660C07768	65	6,500,000	BWR PPMLD BBB/ Stable
	24 INE660C07768	855	85,500,000	BWR PPMLD BBB/ Stable
	25 INE660C07768	425	42,500,000	BWR PPMLD BBB/ Stable
	26 INE660C07768	948	94,800,000	BWR PPMLD BBB/ Stable
	27 INE660C07776	240	24,000,000	BWR PPMLD BBB/ Stable
	28 INE660C07776	390		BWR PPMLD BBB/ Stable
	29 INE660C07776	101	39,000,000	BWR PPMLD BBB/ Stable
	30 INE660C07776	140	10,100,000 14,000,000	BWR PPMLD BBB/ Stable
	31 INE660C07776	430		BWR PPMLD BBB/ Stable
	32 INE660C07784	1,520	43,000,000	BWR PPMLD BBB/ Stable
	33 INE660C07776		152,000,000	159,200,000 BWR PPMLD BBB/ Stable
	34 INE660C07768	1,592
	35 INE660C07784	1,113		111,300,000 BWR PPMLD BBB/ Stable
	36 INE660C07768	1,505		150,500,000 BWR PPMLD BBB/ Stable
	37 INE660C07784	525		52,500,000 BWR PPMLD BBB/ Stable
	38 INE660C07768	640		64,000,000 BWR PPMLD BBB/ Stable
	39 INE660C07784	349		34,900,000 BWR PPMLD BBB/ Stable
	40 INE660C07784	695		69,500,000 BWR PPMLD BBB/ Stable
	41 INE660C07784	545	54,500,000	BWR PPMLD BBB/ Stable
		1,257	125,700,000	BWR PPMLD BBB/ Stable

ii) Credit Rating and change in Credit Rating (if any):

PPMLD has been assigned a rating of BWR PPMLD BBB/Stable rating assigned by Brickwork Ratings India Private Limited

iii) Asset Cover available, in case of non convertible Debt Securities: 1.89 times

iv) Debt-Equity Ratio (As at March 31, 2021): 0.31 times

v) Previous due dates for payment of interest and repayment of principal amount for Redeemable Non-Cumulative Market-Linked Non-Convertible
Debentures : Not Applicable as on date no PPMLD have matured till year March 31, 2

Sr. No	The next due dates for payment of interest and repayment of principal amount of the PPMLD are as under: Name of Series/Tranche	Type (Prinicpal/Interest*)	Amt. of Issue (Rs.)	Due Date of payment
	1 INE660C07719	Principal and Interest	44,100,000	December 31, 2021
$\overline{2}$	INE660C07727	Principal and Interest		July 09, 2023
	3 INE660C07743	Principal and Interest	13,000,000	August 01, 2023
	4 INE660C07719	Principal and Interest	25,000,000	December 31, 2021
	5 INE660C07743	Principal and Interest	47,900,000
	6 INE660C07719	Principal and Interest	28,100,000	August 01, 2023
	7 INE660C07743	Principal and Interest	20,500,000	December 31, 2021
	8 INE660C07719		25,000,000	August 01, 2023
	9 INE660C07743	Principal and Interest	23,000,000	December 31, 2021
	10 INE660C07719	Principal and Interest	10,000,000	August 01, 2023
11		Principal and Interest	7,500,000	December 31, 2021
	INE660C07719	Principal and Interest	11,000,000	December 31, 2021
	12 INE660C07750	Principal and Interest	13,000,000	March 04,2022
	13 INE660C07768	Principal and Interest	77,500,000	March 21,2022
14	INE660C07768	Principal and Interest	41,000,000	March 21,2022
15	INE660C07776	Principal and Interest		27,500,000 January 04,2024
16	INE660C07776	Principal and Interest		13,500,000 January 04,2024
17	INE660C07768	Principal and Interest		6,000,000 March 21,2022
18 19	INE660C07768 INE660C07768	Principal and Interest		27,000,000 March 21,2022
20	INE660C07768	Principal and Interest		42,500,000 March 21,2022
21	INE660C07768	Principal and Interest		37,500,000 March 21,2022
22	INE660C07768	Principal and Interest		30,400,000 March 21,2022
23	INE660C07768	Principal and Interest Principal and Interest		30,400,000 March 21,2022 6,500,000 March 21,2022
24	INE660C07768	Principal and Interest		85,500,000 March 21,2022
25	INE660C07768	Principal and Interest		42,500,000 March 21,2022
26	INE660C07768	Principal and Interest		94,800,000 March 21,2022
27	INE660C07776	Principal and Interest		24,000,000 January 04,2024
28 29	INE660C07776 INE660C07776	Principal and Interest		39,000,000 January 04,2024
30	INE660C07776	Principal and Interest		10,100,000 January 04,2024
31	INE660C07776	Principal and Interest Principal and Interest	14,000,000	January 04,2024
32	INE660C07784	Principal and Interest		43,000,000 January 04,2024
33	INE660C07776	Principal and Interest	152,000,000	October 17,2022
34	INE660C07768	Principal and Interest		159,200,000 January 04,2024 111,300,000 March 21,2022
35	INE660C07784	Principal and Interest		150,500,000 October 17,2022
	36 INE660C07768	Principal and Interest	52,500,000	March 21,2022
	37 INE660C07784	Principal and Interest		64,000,000 October 17,2022
	38 INE660C07768	Principal and Interest	34,900,000	March 21,2022
	39 INE660C07784	Principal and Interest	69,500,000	October 17,2022
	40 INE660C07784 41 INE660C07784	Principal and Interest	54,500,000	October 17,2022
		Principal and Interest	125,700,000	October 17,2022
	Total		1.934.900.000

Note* : Interest is paid on maturity only

Note* : Interest is paid on maturity only
vii) Debt Service Coverage Ratio: 0.07 times
viii) Interest Service Coverage Ratio: 0.83 times
ix) Capital Redemption reserve: Nil
x) Net worth of the Company : ₹ 53593.45 Lakhs
x

B. Information pursuant to Regulation 52(7) of the Listing Regulations indicating the material deviation, if any in the use of proceeds of issue of
There is no material deviation, in use proceeds of Redeemable Non-Cumulati initiatives and towards also general corporate purposes.

ap umb

CENTRUM CAPITAL LIMITED

CIN L65990MH1977PLC019986

Registered Office : Bombay Mutual Building, 2nd Floor, Dr.D.N.Road, Fort, Mumbai - 400001.

Corporate Office : Centrum House, C.S.T. Road, Vidya Nagari Marg, Kalina, Sant

			(₹ in Lakhs)
		As at	As at
Particulars		31-Mar-21	31-Mar-20
		(Audited)	(Audited)
Assets
1) Financial assets
Cash and cash equivalents
Bank balance other than cash and cash equivalents above		1,014.41	280.15
Derivative Financial Instruments		4.27	4.27
Receivables		226.32	77.10
Trade receivables
Loans		339.39	695.50
Investments		20,368.17	6,716.42
Other financial assets		62,879.91	61,824.50
	Sub-total Financial assets	2,795.78	7,148.17
		87,628.25	76,746.11
2) Non-financial assets
Current tax assets (net)
Deferred tax assets (net)		619.25	623.62
Property, plant and equipment		2,476.48	2,944.41
Right of use assets		389.09	480.23
Other intangible assets		311.63	453.77
Other non-financial assets		16.67	23.42
	Sub-total Non-financial assets	60.59	120.25
		3,873.71	4,645.70
	Total assets	91,501.96	81,391.81
Liabilities And Equity
Liabilities
1) Financial liabilities
Derivative financial instruments
Debt securities		7,499.55	2,959.42
Borrowings (other than Debt securities)		23,825.33	11,840.85
Lease liability		1,483.76	6,504.74
Other financial liabilities		342.11	1,067.19
	Sub-total Financial liabilities	4,626.91	4,525.47
		37,777.66	26,897.67
2) Non-financial Liabilities
Provisions
Other non-financial liabilities		36.43	33.94
	Sub-total Non-financial liabilities	94.42	98.89
		130.85	132.83
3) Equity
Equity share capital
Other equity		4,160.33	4.160.33
		49,433.12	50,200.98
	Total equity	53,593.45	54,361.31
	Total Liabilities And Equity	91,501.96	81,391.81
		For Centrum Capital Limited	Sin Cap,
		Jaspal Singh Bindra
Place: Mumbai		Executive Chairman
Date: June 22, 2021		DIN: 00128320

ŋ

CENTRUM CAPITAL LIMITED

Registered Office : Bombay Mutual Building, 2nd Floor, Dr.D.N.Road, Fort, Mumbai - 400001.
Corporate Office : Centrum House, C.S.T. Road, Vidya Nagari Marg, Kalina, Santacruz (East), Mumbai - 400098.
Tel.: +91 22 4215900 F

Standalone Statement of Cash Flows for the year ended March 31, 2021

For the year ended
March 31, 2021	March 31, 2020
(Audited)	(Audited)
	2,396.59
	264.56
	(0.30)
	(84.29)
	(3,750.00)
	(3,050.49)
	535.88
(406.35)	191.88
	(892.12)
	68.24
	0.97
	(326.63) 109.91
	(36.94)
2,877.82	2,422.12
334.03	(2, 150.62)
343.24	(680.08)
	(5,238.26)
	(3,822.10)
	130.62
	(131.79) (462.73)
	(185.18)
	(18.86)
(8,035.87)	(12, 559.00)
292.94	(1,562.64)
	(14, 121.64)
٠	(12.10)
1.26	241.38
15.00	9,350.19
(128.09)	(1,007.65)
(500.00)	(750.00)
	464.00
	4,933.58
	2,049.51
62.50	(491.85)
(220.53)
	326.63
	15,103.69
16,533.29	852.00
	(691.70)
	(239.64)
	(264.15)
8,918.18	(760.65) (1, 104.14)
734.26	(122.09)
	402.24
	280.15
	(498.22) 217.09 0.77 (2.89) (1,818.97) 15.53 (38.67) 24.69 (36.76) (12, 194.18) 3,846.52 59.66 314.76 (709.22) (4.49) (26.19) (7,742.93) (500.00) 576.00 214.45 $\overline{\phantom{a}}$ 38.42 (440.99) (5,020.98) (150.02) (2,444.11) 280.15 1,014.41

Place: Mumbai Date: June 22, 2021 For Centrum Capital Limited

Jaspal Singh Bindra

Executive Chairman

$Cap$

Mumbai

$\boldsymbol{\rho}^{\dot{\boldsymbol{\delta}}}$

$\omega$

Chartered Accountants

INDEPENDENT AUDITOR'S REPORT

To the Board of Directors of Centrum Capital Limited

Report on the Audit of the Consolidated Financial Results

Opinion

We have audited the accompanying consolidated annual financial results of Centrum Capital Limited (hereinafter referred to as the "Holding Company") and its subsidiaries (the Holding Company and its subsidiaries together referred to as "the Group"), its associate and joint venture for the year ended March 31, 2021 ("the Statement"), attached herewith, being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('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 reports of other auditors on separate audited financial statements of the subsidiaries, associate and joint venture, the aforesaid Statement:

Sr. No.	Name of the Entity	Relationship
	Centrum Capital Limited	Holding Company
$\overline{2}$	Centrum Retail Services Limited	Subsidiary Company
$\overline{\mathbf{3}}$	Centrum Broking Limited	Subsidiary Company
$\overline{4}$	Centrum Microcredit Limited (Formerly known as	Subsidiary Company
	Centrum Microcredit Private Limited)
5	Centrum Housing Finance Limited	Subsidiary Company
6	Centrum Financial Services Limited	Subsidiary Company
7	Centrum International Services Pte. Ltd.,	Subsidiary Company
8	Centrum Alternative Investment Managers Limited	Subsidiary Company
9	Centrum Capital Advisors Limited	Subsidiary Company
10	Centrum Capital International Limited (Formerly known	Subsidiary Company
	as Commonwealth Centrum Advisors Limited)
11	CCAL Investment Management Limited	Subsidiary Company
12	Centrum Alternatives LLP	Subsidiary Company
13	Centrum Insurance Broker Limited	Subsidiary Company
14	Centrum Wealth Limited (Formerly known as Centrum	Subsidiary Company
	Wealth Management Limited)
15	Centrum Investment Advisors Limited	Subsidiary Company
16	Centrum REMA LLP (up to February 18, 2021)	Joint Venture
17	Acorn Fund Consultants Private Limited	Associate
18	Centrum ESPS Trust	Trust

(i) includes the annual financial results of the following entities:

Haribhakti & Co. LLP, Chartered Accountants Regn. No. AAC- 3768, a limited liability partnership registered in India (converted on 17th June, 2014 from a Hern Haribhakti & Co. FRN: 103523W)
Registered offices: 705, Leela Business Park, Andheri-Kurla Road, Andheri (E), Mumbai - 400 059, India. Tel:+91 22 6672 9999 Fax:+91 22 6672 9777

Other offices: Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, New Delhi.

Chartered Accountants

• is presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this $(iii)$ regard; and
• gives a true and fair view in conformity with the recognition and measurement principles laid down in $(iii)$ the applicable accounting standards, and other accounting principles generally accepted in India, of the consolidated net loss and other comprehensive income and other financial information of the Group, its associate and joint venture for the year ended 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 ("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, its associate and joint venture in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India ("ICAI") together with the ethical requirements that are relevant to our audit of the Statement 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 Matters" paragraph below, is sufficient and appropriate to provide a basis for our opinion.

Emphasis of Matter

We draw attention to Note 3 to the accompanying Statement, which explains that the extent to which the COVID-19 pandemic will impact the Group's (including its associate and joint venture) financial performance due to lockdown and other restrictions imposed by the local governments including the Group's (including its associate and joint venture) estimate of impairment of loans to customers and assumptions used in testing the impairment in the carrying value of loans, investments and other financial assets, are dependent on future developments, which are highly uncertain.

Our opinion is not modified in respect of this matter.

Board of Directors' Responsibilities for the Consolidated Financial Results

This Statement has been prepared on the basis of the consolidated annual financial statements. The Holding Company's Board of Directors are responsible for the preparation and presentation of this Statement that give a true and fair view of the consolidated net loss and other comprehensive income and other financial information of the Group including its associate and joint venture in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The respective Board of Directors of the companies included in the Group and of its associate and joint venture are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Group and its associate and joint venture 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 the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring accuracy and completeness of the accounting records, relevant to the preparation and presentation of the respective 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 Statement by the Directors of the Holding Company, as aforesaid.

Chartered Accountants

In preparing the Statement, the respective Board of Directors of the companies included in the Group and of its associate and joint venture are responsible for assessing the ability of the Group and its associate and joint venture to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Board of Directors either intends to liquidate the Group and its associate and joint venture 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 and of its associate and joint venture are responsible for overseeing the financial reporting process of the Group and of its associate and joint venture.

Auditor's Responsibilities for the Audit of the Consolidated Financial Results

Our objectives are to obtain reasonable assurance about whether the Statement 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 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 Statement.

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

• Identify and assess the risks of material misstatement of the Statement, 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. 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 with reference to financial statements in place and the operating effectiveness of such controls.
• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures 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 ability of the Group and its associate and joint venture 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 Group and its associate and joint venture to cease to continue as a going concern.
• Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represent the underlying transactions and events in a manner that achieves fair presentation.

Continuation Sheet

Chartered Accountants

• Obtain sufficient appropriate audit evidence regarding the financial results of the entities within the Group and its associate and joint venture to express an opinion on the Statement. We are responsible for the direction, supervision and performance of the audit of financial information of such entities included in the Statement of which we are the independent auditors. For the other entities included in the Statement, 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 communicate with those charged with governance of the Holding Company and such other entities included in the Statement of which we are the independent 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 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.

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

Other Matters

a) The Statement includes the audited financial statement of 7 subsidiaries whose financial statements reflect Group's share of total assets of Rs. 1,16,628.84 lakhs as at March 31, 2021, Group's share of total revenues of Rs. 7,064.05 lakhs and Rs. 25,333.76 lakhs and Group's share of total net profit/ (loss) after tax of Rs. 2,013.15 lakhs and Rs. (1,197.97) lakhs for the quarter and year ended March 31, 2021 respectively, and net cash outflow amounting to Rs. 1,015.08 lakhs for the year ended March 31, 2021, as considered in the Statement, which have been audited by their respective independent auditors. The independent auditors' reports on financial statements of these entities have been furnished to us by the management and our opinion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these entities, is based solely on the reports of such auditors and the procedures performed by us are as stated in section above.

One subsidiary is located outside India whose financial statements have been prepared in accordance with accounting principles generally accepted in their respective countries and which have been audited by their respective independent auditor under generally accepted auditing standards applicable in its respective country. The Holding Company's management has converted the financial statements of that subsidiary located outside India from accounting principles generally accepted in their respective country to accounting principles generally accepted in India. We have audited these conversion adjustments made by the Holding Company's management. Our opinion in so far as it relates to the balances and affairs of such subsidiary located outside India is based on the report of their respective independent auditor and the conversion adjustments prepared by the management of the Holding Company and audited by us.

b) The Statement include the unaudited financial results of 2 subsidiaries and 1 trust whose financial statements reflect Group's share of total assets of Rs. 2,904.14 lakhs as at March 31, 2021, Group's share of total revenues of Rs. 0.80 lakhs and Rs. 74.30 lakhs and Group's share of total net loss after tax of Rs.

Chartered Accountants

33.11 lakhs and Rs. 66.59 lakhs for the quarter and year ended March 31, 2021 respectively, and net cash outflow amounting to Rs. 164.92 lakhs for the year ended March 31, 2021, as considered in the Statement. These unaudited financial statements have been furnished to us by the Board of Directors and our opinion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries and trust is based solely on such unaudited financial statements. In our opinion and according to the information and explanations given to us by the Board of Directors, these financial statements are not material to the Group (including associate and joint venture).

Our opinion on the Statement is not modified in respect of the above matters with respect to our reliance on the work done and the reports of the other auditors and the financial statements certified by the Board of Directors.

The Statement includes the results for the quarter ended March 31, 2021, being the balancing figure between audited figures in respect of full financial year and the published unaudited year to date figures up to the third quarter of the current financial year which were subject to limited review by us.

For Haribhakti & Co. LLP Chartered Accountants ICAI Firm Registration No.103523W/W100048

Snehal Sha

Partner Membership No.: 048539

210 4853 9 A AAA CQ 5565 UDIN:

Place: Mumbai Date: June 22, 2021

		CENTRUM CAPITAL LIMITED
		CIN L65990MH1977PLC019986
	Registered Office : Bombay Mutual Building, 2nd Floor, Dr.D.N.Road, Fort, Mumbai - 400001.
	Corporate Office : Centrum House, C.S.T. Road, Vidya Nagari Marg, Kalina, Santacruz (East), Mumbai - 400098.
	Tel.: +91 22 42159000 Fax no.: +91 22 42159533 Email ID: info@centrum.co.in Website: www.centrum.co.in
	Statement of Consolidated Audited Financials Results for the Quarter and Year ended March 31, 2021
						(₹ in Lakhs)
			Quarter ended		Year ended	(except per equity share data)
		31-Mar-21	31-Dec-20	31-Mar-20	31-Mar-21	31-Mar-20
	Particulars
		Audited (Refer note no 6)	(Unaudited)	Audited
	Revenue from operations			(Refer note no 6)	(Audited)	(Audited)
	a. Interest income	7.962.93	7,619,61	7,351.77	30,981.72	29.759.76
	b. Fees and commission Income	5,417.54	3,813.65	4,413.17	16,585,65	15,052.59
	c. Net gain on fair value changes	1,143.86	377.13	(421.30)	2.214.01	1,218.32
	d. Others Total revenue from operations	(81.13)	219.51	915.85	240.53	952.75
	Other Income	14.443.20 395.76	12,029.91	12,259.49	50,021.91	46,983.42
	Total Income	14,838.96	281.81 12,311.72	296.43 12,555.92	1,292.62 51,314.53	1,064.42
						48,047.84
2.	Expenses
	a. Finance Costs	6.044.38	5,991.30	3,768.47	23,842.87	19,887.71
	b. Impairment on financial instruments (net) c. Employee Benefits Expense	649.13	366,90	78.31	1,697.43	(942.79)
	d. Depreciation and Amortisation Expense	5,468.51 451.11	4,874.49 448.41	4,877.46 508.32	19,647.13 1,919.21	22,616.01
	e. Other Expenses	1,943.71	2,178.13	3,104.08	7,407.72	2,003.16 10,016.42
	Total Expenses	14,556.84	13,859.23	12,336.64	54,514.36	53,580.51
3.	Profit/ (Loss) before exceptional Items and tax	282.12	(1, 547.52)	219,28	(3, 199.83)	(5, 532.67)
4.	Exceptional Items (Refer note no 4)			3,048.76		6,798.76
5.	Profit/(Loss) before tax (3-4)	282.12	(1, 547.52)	3,268.04	(3, 199.83)	1,266.09
6.	Tax Expense Current tax	99.28	52.78	63.02
	Deferred tax	142.70	41.98	698.72	562.86 (83.57)	270.95 1,753.58
	Tax Adjustments for earlier years	594.59	(92.84)	0.95	501.75	(830.01)
	Total Tax Expense	836.57	1.93	762.69	981.04	1,194.52
7.	Net Profit/ (Loss) after tax before share of profit/(loss) of associates and joint	(554.45)	(1,549.44)	2,505.35	(4, 180.87)	71.57
	ventures (5-6)
8.	Share of profit / (loss) of associates and joint ventures
9.	Net Profit/ (Loss) for the period/year (7+8)	(554.45)	(1, 549.44)	2,505.35	(4, 180.87)	71.57
10.	Other Comprehensive Income (OCI)
	i. Item that will not be reclassified to profit or loss
	(a) Remeasurement of Defined benefit scheme	58.64	(60.98)	39,56	(62.91)	(28.25)
	(b) Change in fair value of equity instruments designated at fair value through OCI (c) Deferred tax on above		0.08	(16.43)	(0.68)	(16.43)
	ii. Items that will be reclassified to profit or loss	(12.49)	8.93	(4.86)	5.01	5.05
	(a) Debt Instruments through OCI
	(b) Currency exchange difference on translation, net of tax	4.43	(0.25)	(36.51)	4.03	5,31
	(c) Income tax relating to items that will be reclassified to profit or loss
	Total Other Comprehensive Income/(Loss)	50.58	(52.22)	(18.24)	(54.55)	(34.32)
	Total Comprehensive Income/(Loss) for the period/year	(503.87)	(1,601.67)	2,487.11	(4, 235.42)	37.25
	Net Profit/(Loss) for the period/year attributable to Owners of the company
	Non-controlling interest	(1, 171.35) 616.90	(1,602.12) 52.68	2,879.35	(4,687,19)	1,444.61
				(374.00)	506.32	(1, 373.04)
	Other Comprehensive Income/ (Loss) for the period/year attributable to
	Owners of the company	47.08	(41.73)	(25.64)	(37.39)	(34.17)
	Non-controlling interest	3.50	(10.49)	1.40	(17.16)	(0.15)
	Total Comprehensive Income/ (Loss) for the period/year attributable to Owners of the company
	Non-controlling interest	(1, 124.27)	(1,643.85)	2,853.71	(4, 724.58)	1,410.44
		620.40	42.18	(366.60)	489.16	(1,373.19)
11.	Paid-up Equity Share Capital (Face value of ₹ 1/- Each)	4,160.33	4,160.33	4,160.33	4,160.33	4,160.33
12.	Other Equity				53,789.68	58,014.04
13.	Earning Per Share (not annualised for interim periods) (Face value of₹ 1/- Each)
	(i) Basic ( $\bar{\tau}$ )	(0.28)	(0.39)	0.69	(1.13)	0.35
	(i) Diluted $(7)$	(0.28)	(0.39)	0.69	(1.13)	0.35

Intes

The above Consolidated audited financial results for the quarter and year ended March 31, 2021 have been reviewed and recommended by the Audit Committee and approved by the Board at its 1 meeting held on June 22, 2021. The Statutory Auditors have issued audit report with unmodified opinion on above consolidated financials results.

These Consolidated audited financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards 34 - Interim Financia $\overline{2}$ Reporting ("Ind AS 34") prescribed under Section 133 of the Companies Act, 2013 ("the Act") read with relevant rules issued thereunder and other accounting principles generally accepted in India

The outbreak of COVID-19 pandemic across the globe and in India had a significant impact on the global and Indian financial markets and slowdown in economic activities. The Group has
granted moratorium up to six months on $\overline{\mathbf{3}}$ policy read with the Reserve Bank of India (RBI) guidelines dated March 27, 2020 and May 23, 2020 relating to 'COVID-19 - Regulatory Package' and RBI guidelines on Asset Classification and Provisioning dated April 17, 2020. Further, period for which moratorium is granted has not been considered for computing date and noi guitarum or a change and noi guitarum and the considered for computing dated April 17, 2 Currently, the Group has considered the moratorium, various other measures taken by Government and the DPD status from the end of the moratorium period and the collection efficiency of the Currently, the Group has consider assets of the Group are recoverable. The impact of COVID -19 is dynamic, evolving and uncertain and impact assessment is based on the current situation. However, the actual impact may vary due to prevailing uncertainty caused by the pandemic.

Hon'ble Supreme Court, in a public interest litigation (Gajendra Sharma vs. Union Bank of India & Anc) vide an interim order dated September 3, 2020 had directed that accounts which were not non be supreme court, in a public interest ingation (cajenula sharma vs. chion bank or india & Anc) vide an intenth order dated september 3, 2020 had directed that accounts which were no
declared NPA till August 31, 2020 s

The interim order stood vacated on March 23, 2021 vide the judgement of the Hon'ble Supreme Court in the matter of Small Scale Industrial manufacturers Association v/s UOI & Ors. and other connected matters. In accordance with the instructions in paragraph 5 of the RBI circular no. RBI/2021-22/17 DOR.STR. REC. 4/ 21.04.048/ 2021-22, dated April 07, 2021 issued in this connection, the Group has classified the borrower account as per the extant RBI norms/IRAC norms and as per the ECL model under Ind AS Financial Statements as on March 31, 2021

4 Exceptional items for the quarter and year ended represents

Particulars		Quarter ended		11112001121 Year ended
	31-Mar-21	31-Dec-20	31-Mar-20	31-Mar-21	31-Mar-20
Profit/ (Loss) on Sale of Investments in subsidiary companies			(1.73)		(1.73)
Gain on sale of debt trading business			3,050.49		3,050,49
Forfeiture of upfront subscription on share warrants					3,750,00
Total			3,048.76		6.798.76

The Consolidated Segment Results is attached herewith as per "Annexure 1" $\overline{5}$

The figures for the last quarter of the current year and of the previous year are the balancing figures between audited figures in respect of the full financial year and year to date reviewed figure. 6 upto the end of the third quarter. $\overline{z}$

The Consolidated financial results for the quarter and year ended March 31, 2021 are being uploaded on the Company's website viz., www.centrum .co.in. The previous period/year's figures have been regrouped/rearranged wherever necessary to conform to current period's/current year classification. $\overline{8}$

aspal Singh Bindra zecutive Chairman DIN: 00128320

$(7)$ in Lakhal

Place: Mumbai Date: June 22, 2021

CENTRUM CAPITAL LIMITED
CIN L65990MH1977PLC019986
Corporate Office : Bombay Mutual Building, 2nd Floor, Dr.D.N.Road, Fort, Mumbai - 400001.
Corporate Office : Centrum House, C.S.T. Road, Vidya Nagari Marg, Kalina, Santacru

		(₹ in Lakhs)
	As at	As at
Particulars		31-Mar-20
	Consolidated Statement of Assets and Liabilities as at March 31, 2021 31-Mar-21 (Audited) 20,909.16 26,317.78 4,410.05 3,456.92 218,389.98 7,783.09 6,404.40 Sub-total Financial assets 287,671.38 4,559.44 5,146.68 5,810.95 7.94 1,631.54 4,779.42 3,943.37 781.55 1,666.80 Sub-total Non-financial assets 28,327.69 Total assets 315,999.07 Liabilities And Equity 1) Financial liabilities 17, 178.14 5.41 8,162.14	(Audited)
Assets
1) Financial assets
Cash and cash equivalents		16,880.67
Bank balance other than cash and cash equivalents above		22,204.43
Derivative Financial Instruments		2,494.84
Receivables
i) Trade receivables		5,967.31
ii) Other receivables		173.37
Loans		198,119.21
Investments		4,676.09
Other financial assets		10,894.99
		261,410.90
2) Non-financial assets
Current tax assets (net) Deferred tax assets (net)		5,638,40
Investment property		5,384.15
Property, plant and equipment		3,397.83 2,877.81
Capital work-in-progress
Right of use assets		2,779.21
Goodwill on consolidation
Goodwill		4,779.42
Other intangible assets		3,943.37
Other non-financial assets		922.56 1,698.22
		31,420.97
		292,831.87
Derivative financial instruments Payables (I) Trade payables		8,960.92
(i) total outstanding dues of micro enterprises and small enterprises		5.94
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises
		8,836.13
(II) Other payables
(i) total outstanding dues of micro enterprises and small enterprises
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises Debt securities
Borrowings (other than Debt securities)	130,466.62
Subordinated liabilities	61.022.12	91,466.06 80,895.37
Lease liability	1,000.00 1,844.61	1,000.00 2,885.34
Other financial liabilities	15,714.05
Sub-total Financial liabilities	235,393.09	14,566.22 208,615.98
2) Non-financial Liabilities Provisions
	860.04
Other non-financial liabilities	2,121.17
Sub-total Non-financial liabilities	2,981.21
3) Equity		580.18 1,932.40 2,512.58
Equity share capital	4,160.33	4,160.33
Other equity	53,789.68
Total equity	57,950.01	58,014.04 62, 174.37
4) Non-Controlling Interest
Total Liabilities And Equity	19,674.76 315,999.07	19,528.94 292,831.87

Place: Mumbai
Date : June 22,2021

Jaspal Singh Bindra
Executive Chairman
DIN : 00128320

B

Liming

Murtosi

ERNADO

Cap

ı.

Consolidated Statement of Cash Flow for the year ended March 31, 2021
Particulars	Year ended	(₹ in Lakhs) Year ended
	31-Mar-21	31-Mar-20
	(Audited)	(Audited)
AlCash Flow from Operating Activities:
Profit/(Loss) before tax
	(3, 199.83)	1,266.09
Adjustments for:
Depreciation and amortisation expense	1,919.21	2,003.16
Gain on sale of debt trading business Forfeiture of upfront subscription on share warrants		(3.050.49)
Gain on Direct Assignment	(341.39)	(3,750.00) (356.56)
Impairment on financial assets	1.697.43	(942.79)
Net effect of exchange rate changes	4.42	1.79
Interest income Profit on sale of investments (net)	(809.19) (13.19)	(4, 421.50) (91.10)
Fair value gain on financial instruments	(2,213.01)	(1, 218.32)
Loss/(Profit) on sale of property, plant and equipment	0.52	5.99
Property Plant and Equipment written off Gain on modification of right of use / sub-lease	121.55
Employees stock option provision	(5.84) 331.30	(86.63) 545.45
Dividend Income on investment	(1.00)	(16.24)
Finance costs	7,469.63	5,925.42
Operating profit before working capital changes	4,960.59
Adjustments for:		(4, 185, 74)
Decrease/(Increase) in other financial assets	3,021.84	(9,021.47)
Decrease/(Increase) in other non-financial assets Decrease/(Increase) in Loans(net)	(168.16)	1,062.48
Decrease/(Increase) in trade receivables	(18, 220.39) 2,758.63	(7,039.51) 2,264.85
Increase/(Decrease) in other financial liabilities	209.42	1,615.80
Increase/(Decrease) in derivatives financial instruments (net)	2,488.30	(538.83)
Increase/(Decrease) in other non financial liabilities Increase/(Decrease) trade payables	(22.57)	(839.34)
Increase/(Decrease) other liabilities and provisions	(334.33) 991.96	4,338.61 40.57
Cash Generated from operations	(4, 314.72)	(12, 302.58)
Direct taxes paid (net of refunds)	277.88	(5,477.70)
Net Cash generated from/(used in) Operating Activities	(4,036.84)	(17,780.27)
Cash Flow from Investing Activities:
Purchase of property, plant and equipment	(539.40)	(740.67)
Proceeds from sale of property, plant and equipment Sale / (Purchase) of Treasury Shares	69.18 62.50	241.60
Purchase consideration paid on business combination		(491.85) (1, 877, 18)
Proceeds from sale of debt trading business		2,049.51
Investment in fixed deposits (net) Acquistion / Proceeds from purchase / sale of investments (net) *	(2,630.73)	2,343.44
Proceeds from sale of investment in subsidiaries	(2,767.89)	10,457.07 156.01
Loan given	(733.72)
Interest received	913.30	1,146.32
Dividend Income on investment Net Cash generated/ (used in) from in Investing Activities	1.00	16.24
	(5,625.76)	13,300.49
Cash Flow from Financing Activities:
Proceeds from issuance of share capital Repayment of debt securities	٠	18.714.36
Proceeds of Borrowings (other than debt securities) (net) *	68,402.54 (44, 444.57)	19,653.86
Payment of lease liability	(1, 225, 35)	(28, 174.92) (1, 204.28)
Dividend paid		(262.38)
Finance costs paid Net cash generated from/(used in) financing activity	(9,041.53)	(2,474.84)
	13,691.09	6,251.81
Net Increase in cash and cash equivalents	4,028.49	1,772.03
Cash and cash equivalents as at the beginning of the Year	16,880.67	15,108.64
Cash and cash equivalents as at the end of the Year	20,909.16	16,880.67
* Net figures have been reported on account of volume of transactions.	For Centrum Capital Limited
Place: Mumbai	Jaspal Singh Bindra Executive Chairman	a 1
Date: June 22, 2021	DIN: 00128320
		Enling

Centrum Capital Limited
Annexure 1

	Consolidated Segment Results for the Quarter and Year ended March 31, 2021		Quarter ended		₹ In Lakhs Year ended
		March	December
Sr. No.	Particulars	31, 2021 (Audited)	31, 2020	March 31, 2020	March 31, 2021	March 31, 2020
$\mathbf{1}$	Segment revenue [Total income]		(Unaudited)	(Audited)	(Audited)	(Audited)
	Institutional Business	1,726.73	1,667.26	1,544.24
		4,890.90	2,142.57		6,618.50	3,838.34
	Wealth Management & Distribution			3,711.08	12,048.68	13,930.51
	Housing Finance	1,661.88	1,746.39	1,541.28	6,801.61	5,206.79
	SME/ Micro credit Lending	6,598.08 2,985.93	5,366.99	6,145.24	23,963.96	23,389.93
	Unallocated	(3, 420.33)	3,070.91	1,115.06	9,972.44	9,422.11
	Less : Elimination		(1,964.22)	(1,797.41)	(9, 383.28)	(8,804.26)
	Total Income	14,443.19	12,029.91	12,259.49	50,021.91	46,983.42
$\overline{2}$	Segment Results [Profit/ (Loss) before tax]		18.26
	Institutional Business	(838.31)		232.14	(575.72)	(1, 565.04)
	Wealth Management & Distribution	1,099.30 280.11	(317.33)	(834.06)	147.57	(1,095.46)
	Housing Finance	885.51	417.86	(90.00)	1,526.30	259.84
	SME/ Micro credit Lending Unallocated	2,978.77	(709.39)	1,358.31	347.44	1,623.62
			(472.17)	2,585.86	6,404.33	2,289.14
	Less : Elimination	(1,096.91)	(361.18)	(2,068.42)	(2,992,30)	(573.59)
	Profit / (Loss) before tax	3,308.46	(1, 423.96)	1,183.83	4,857.61	938.51
	Less :
	a) Interest (Income)/expense (Net)	1,690.68	1,112.85	885.33	7,469.63	5,925.42
	b) Unallocated (Income)/expenditure (Net)	1,335.66	(989.29)	79.22	587.81	545.76
	Total Profit before exceptional item and tax	282.12	(1, 547.52)	219.28	(3, 199.83)	(5, 532.67)
	Exceptional Items			3,048.76		6,798.76
	Total Profit / (Loss) before tax	282.12	(1, 547.52)	3,268.04	(3, 199.83)	1,266.09
3	Segment Assets
	Institutional Business	4,572.40	5,083.90	7,407.03	4,572.40	7,407.03
	Wealth Management & Distribution	16,813.80	20,332.94	24,343.91	16,813.80	24,343.91
	Housing Finance	67,060.23	65,592.08	61,933.27	67.060.23	61.933.27
	SME/ Micro credit Lending	165,772.76	153,980.16	157,063.78	165,772.76	157,063.78
	Unallocated	187,656.80	190,361.39	169,251.60	187,656.80	169,251.60
	Less : Elimination	(125, 876.93)	(133, 926.45)	(127, 167.72)	(125, 876.93)	(127, 167.72)
	Total Assets	315,999.07	301,424.02	292,831.87	315,999.07	292,831.87
4	Segment Liabilities
	Institutional Business	1,015.12	1,678.01	2,760.77	1,015.12	2,760.77
	Wealth Management & Distribution	19, 154.25	23,245.78	27,596.77	19,154.25	27,596.77
	Housing Finance	26,993.49	25,817.81	23,235.48	26,993.49	23,235.48
	SME/ Micro credit Lending	127,609.92	116,672.48	121,597.57	127,609.92	121,597.57
	Unallocated	91,382.54	92,364.35	68,500.16	91,382.54	68,500.16
	Less : Elimination	(27, 781.02)	(36, 819.26)	(32, 562.19)	(27, 781.02)	(32, 562, 19)
	Total Liabilities	238,374.30	222,959.17	211,128.56	238,374.30	211,128.56
5	Capital employed [Segment assets - Segment liabilities]
	Institutional Business	3,557.28	3,405.89	4,646.26	3,557.28	4,646.26
	Wealth Management & Distribution	(2,340.45)	(2,912.84)	(3, 252, 86)	(2,340.45)	(3, 252.86)
	Housing Finance	40,066.74	39,774.27	38,697.79	40,066.74	38,697.79
	SME/ Micro credit Lending	38, 162.85	37,307.67	35,466.21	38,162.85	35,466.21
	Unallocated	96,274.26	97,997.05	100,751.44	96,274.26	100,751.44
	Less : Elimination	(98,095.91)	(97, 107, 19)	(94, 605.53)	(98,095.91)	(94, 605.53)
	Total Capital Employed	77,624.77	78,464.85	81,703.31	77,624.77	81,703.31