Compuage Infocom Ltd — Annual Report 2019

May 16, 2019

16th May 2019

To, BSE Ltd., Exchange Plaza, Dalal Street, Bandra (B), Mumbai -400 001. Mumbai —400051.

Security Code: 532456 Symbol: COMPINFO ISIN: INEO7OCO1O37

The Corporate Services Dept., National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, C-I, Block G, Bandra Kurla Complex,

Sub: Outcome of the Board Meeting held on Thursday, 16(11 May 2019

Dear Sir/Ma'am,

Pursuant to the provisions of Schedule III, Part A, Sub-regulation 4 of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that a meeting of the Board of Directors of the Company was held today i.e. on Thursday, 16th May 2018, which commenced at 5:00 p.m. and concluded at 10:20 p.m. at D-601/602 & G-601/602, Lotus Corporate Park, Graham Fifth Steel Compound, Western Express Highway, Goregaon (East), Mumbai — 400 063, inler-alia, fransacted the following items of the business:

• 1. Approved the Annual Standalone and Consolidated Financial Results of the Company for the quarter and year ended 31st March 2019 alongwith Auditor's Report.
• 1. Took note of Statement of Assets and Liabilities for the year ended 31st March 2019.
• 1. Declaration of unmodified opinion on Standalone and Consolidated Auditor's Report.
• 1. Recommended dividend of Rs.0.40 per share for the financial year ended 31st March 2019 on Equity Share having face value of Rs.2.00 per share.

Kindly take the same on records and oblige.

Thanking you,

Yours faithfully For Compuage Infocom Ltd.

Disha Shah Company Secretary Place: Mumbai

D-601/602 & G601/6O2, Lotus corporate Park, Graham iirfl Steel Compound, Western express Highway, Garegacr (E), Mumbal -400063. India. Ph..+91-22-6711 4444 Fax÷91-22-671 1 4445 info@compuagelndla.com www.compuagelndia.com ON: L99999MH1 999P1C1 35914

End:

• 1. Annual Standalone and Consolidated Financial Results for the quarter and year ended 31st March 2019 alongwith Auditor's Report.
• 1. Statement of Assets and Liabilities for the year ended 31st March 2019.
• 1. Declaration of unmodified opinion on Standalone and Consolidated Auditor's Report.

	Statement of Standalo						ne & Consolidated Audited Financial Results for the quarter and year ended 31st March 2019				(Rs.in Lakhs except EPS)
				STANDALONE					CONSOLIDATED
Sr.No	PARTICULARS		For the quarter ended on			Year ended		For the quarter ended on		Year.	ended
		ÊZIMP	31/12/18	31/03/18	31/03/19	31/03/18	A1VO/16	зидив	31/03/18	31/03/19	31/03/18
		Audited	Unaudited	Audited	Audited	Audited	Audited	Unaudited	Audited	Audited	Audited
÷	Revenue from operations	1,29,450.59	1,04,845.59	1.15,278.00	4.51.483.37	4,07,440.78	1,29,450.59	1,04,845.59	1,15,278.00	4,51,483.	4.07.440.78
$\equiv$	Other Income	100,04	465.83	427.07	1,640.91	,499.02	导口中	465.83	427.07	1,653.27	L09902
Ξ	Total Income (1+II)	1,29,849.63	1,05,311.42	1,15,705.07	4,53,124.28	4,08,939.80	1,29,861.99	1,05,311.42	1,15,705.07	4,53,136.64	4,08,939,80
$\geq$	Expenses:
	Cost of Goods Sold$\equiv$	L24,393.34	1.00,863.85	1.12.230.69	4,34,289.10	1033188073,812.29	1,24,393,341,520.73	1,00,863.85986.27	1,12,230.691,225.73	01/682/15/174,427.58	3,93,188.073,812.29
	Employee Benefit expenseΞ	0.73152	986.271,352.71	1,199,581,225.73	4,427.585,425.88	4,949,93	1,348.17	1,352.71	1,199.58	5,425.88	£6.616'P
	Depreciation and amortisation expenseFinance costs$\overline{\circ}$ᆋ	5.0711,348.17	161.98	81.26	$\frac{22}{11}$	340.91	(5.07)	161.98	82.49	414.22	342.14
	Other Expenses٠	1,705.90	1,174.18	373.89	5,062.64	3,454.28	1,707.70	1,174.18	308.05	5,064 44	3.478.44
	Total Expenses	1,28,963,07	1,04,538.99	1,15,111.15	4,49,619,42	4,05,745.48	1,28,964.87	1,04,538,99	1,15,136.55	4,49,621.22	4,05,770.87
Þ.	Extraordinary Items and Tax (III - IV)Profit before Exceptional and	886.56	772.43	593.92	3,504.86	3,194,32	897.12	772.43	568.52	3,515.42	3,168.92
≂	Exceptional items
5	Profit before Tax ( V - VI)	886.56	772.43	593.92	3,504.86	3,194,32	897.12	772.43	568.52	3,515.42	3.168.92
VIII	Tax Expense including Deterred Tax	304.72	283.10	170.44	1,246.52	1,139.95	304.72	283.10	170.44	1,246.52	1,139.95
×	continuing operations (VII-VIII)Profit (loss) for the period from	581.84	489.33	423.48	2,258,14	2,054.37	592.40	73,33	398.08	2,268.90	2,028.97
	Profit (Joss) from discontinued operation
세지	Tax Expense of discountinued operations	$\mathfrak{q}$
	Profit (loss) from discontinuing		L.			$\mathfrak{g}$
$\overline{z}$	operations after tax (X - XI)								398.08	2,268.90	2,028.97
$\overline{z}$	Profit (loss) for the period (IX + XIII)	H嚣	489.33	等后半	2,258.34	2,054.37	592.40	489.33	(0.06)		(0.06)
$\sum_{i=1}^{n}$	Other Comprehensive Income
	(a) hems that will be reclassified to Profit& Loss
	Foreign exchange guin/loss on translation								(0.06)		(0.06)
	of foreign operations (net of taxes)										2,028.91
	Total Comprehinsive Income for theperiod (XHI+XIV)(Comprising	E譑	489.33	423.48	1,258.4	2,054.37	592.40	489.33	398.02	2,268.90
ξ	Profit(Loss) and Other ComprehensiveIncome for the period)
NVI	Euronings per equity share (ForContinuing operation (EPS).
	Basic and diluted EPS (Rs.)	0.90	$\frac{3}{2}$	0.72	Ř	3.50	$\frac{1}{2}$	0.83	0.68	Ę	3
IEAN	Earnings per equity share (Fordiscontinued operation)
	Basic and diluted EPS (Rs.)									J.	ğ,
	Burnings per equity share (For
XVIII	discontinued & continuing operation)Basic and dilated EPS (Rs.)	0.90	Ë	0.72	3,48	$\frac{1}{2}$	0.91	0.83	0.68	SH.	景

Standards) (Amended Rules), 2016 prescribed under section 133 of the Companies Act, 2013 and other accounting principles generally accepted in India.
2. The format for the above results as prescribed in SEBI's Circular No. CH&CFD/CMD/15/2015 dated November 30, 2015 has been modified to comply with requirments of SEBI'sCircular dated July 5, 2016, Ind AS and Schedule III (Division II) to the Companies Act, 2013 applicable to companies that are required to comply with Ind AS
3. The Company's Board of Directors have recommended final dividend of Rs.0.40 per share on Equity Share having face value of Rs.2.00 per share, subject to approval of Members.
4. The Company operates only in one reportable segment
March 31, 2018 are the balancing figures between the audited figures in respect to the full financial year andthe year to date figures up to the third quarter of the respective financial years.5. The figures for the quarter ended March 31, 2019 and
Shares @ Rs. 10/- each, at par, thus agregating to Rs.10,00,00,000/-, via Private Placement basis, which is utilisedvia Preferential Issue basis, which is utilised for company's general corporate purposes. Additionally in May 2019, the Company has issued 100.00.000 Cumulative6. In the last quarter, the Company has issued 62,35,811, Equity Shares @ Rs.27/- each (Including Premium of Rs.25/-each) thus aggregating to Rs.16,83,66,897/-infused as on the date of signing of this report is Rs.26,83,66,987/-.Non Convertible Computsarily Reedemeable Preferencefor company's general corporate purposes. Total capital
7.Audited Standalone and Consolidated Statement of Assets and Liabilities forms part of the notes.
8. The above financial results were reviewed by the Audit Committee and thereafter approved by the Board of Directors at their meeting held on 16th May 2019. The Statutoryaudit opinion.Auditors of the Company have expressed an unmodified
GEINFOwhereever necessary.19. Previous period figures have been regrouped/restated
For Compuage Inform LimitedOM LJAMODated: 16th May 2019Place: Mumbai
And H. MehtaChairman & Managing Director٥с

BHOGILAL C. SHAH & Co.

CHARTERED ACCOUNTANTS

2A, Shree Pant Bhnvan, 1" floor, Sandhurst Bridge, Mumhai 400 007. Phone 2361 0939

PARTNERS:
VIRENDRASHAHB	B.CL.L.BF.C.Aorn.,.,
SAVNEHLSHAH	C.C.AM.MBForn.,
SURILVSHAH	.C.ABCA.AM.Born.,

SNEHAL V. SHAH B. Corn., F.C.A.. M.M. (U.S.A.) SURIL V. SHAH B. Corn., A.C.A.. M.B.A. (U.S.A.)

Auditor's Report on Audit of Standalone Financial Results To, Board of Directors of Compuage Infocom Limited

We have audited the accompanying Statement of Standalone Financial Results of Compuage Infocom Limited (the Company) for the quarter ended and year ended 31st March 2019 (the Statement) being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as modified by circular no. CIR/CFD/FAC/62/2016 dated July 05, 2016. This quarterly financial results as well as the year to date financial results have been prepared on the basis of the interim financial statements, which are the responsibility of the company's management. Our responsibility is to express an opinion on these financial results based on our audit of such interim financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard for Interim Financial Reporting (Ind AS 34), prescribed, under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder; or by the Institute of Chartered Accountants of Indial, as applicable and other accounting principles generally accepted in India.

We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion.

In our opinion and to the best of our information and according to the explanations given to us these quarterly financial results as well as the year to date results:

• i. are presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as modified by circular no. CIR/CFD/FAC/62/2016 dated July 05, 2016 in this regard; and
• H. give a true and fair view of the net profit and other financial information for the quarter and year ended 31 March 2019.

For Shogilal C. Shah & Co. Chartered Accountants Firm's registration No. 101 424W

Suril Shah Partner Membership No. 042710 Mumbai, May 16, 2019

BHOGILAL C. SHAH & Co.

CHARTERED ACCOUNTANTS

2A, Shree Pant Bhuvan, Ifloor, Sandhurst Bridge, Nlumhai 400 007. Phone 2361 0939

PARTNERS: VIRENDRA B. SHAH B.Com., L.L.B., F.C.A. SNEHAL V. SHAH B. Corn., F.C.A., M.M. (U.S.A.) SURIL V. SHAH B. Corn., A.C.A.. M.B.A. (U.S.A.)

Auditor's Report on Consolidated Financial Results

To, Board of Directors of Compuage Infocom Limited

We have audited the accompanying Statement of Consolidated Financial Results of Compuage Infocom Limited (the Company) and its subsidiary (collectively referred as 'the Group') for the quarter ended and year ended 31st March 2019 (the Statement) being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as modified by circular no. CIR/CFD/FAC/62/2016 dated July 05, 2016.

These consolidated quarterly financial results as well as the consolidated year to date financial results have been prepared from consolidated interim financial statements, which are the responsibility of the company's management. Our responsibility is to express an opinion on these consolidated financial results based on our audit of such consolidated interim financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard for Interim Financial Reporting (Ind AS 34), mandated under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder or by the Institute of Chartered Accountants of India, as applicable and other accounting principles generally accepted in India.

We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion.

We did not audit the financial statements of one foreign subsidiary included in the consolidated quarterly financial results and consolidated year to date results. These interim financial statements and other financial information have been audited by other auditors whose report(s) has (have) been furnished to us, and our opinion on the quarterly financial results and the year to date results, to the extent they have been derived from such interim financial statements is based solely on the report of such other auditors.

In our opinion and to the best of our information and according to the explanations given to us these consolidated quarterly financial results as well as the consolidated year to date results:

• i. include the quarterly financial results and year to date of Compuage Infocom (S) Pte. Ltd.;
• N. have been presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as modified by circular no. CIR/CFD/FAC/62/2016 dated July 05, 2016; and
• iii. gives a true and fair view of the consolidated net profit and other financial information for the quarter and year 3l March 2019.

For Bhogilal C. Shah & Co. Chartered Accountants Firm's registration No. 101 424W

Suril Shah Partner Membership No. 042710 Mumbai, May 16, 2019

COMPUAGE INFOCOM LIMITED

Statement of Standalone and Consolidated Assets and Liabilities

(Rs. In Lakhs) Consolidated Standalone Particulars 31-Mar-18 31-Mar-19 31-Mar-18 31-Mar-19 Audited Andited Audited Audited ASSETS Non-current assets 5.386.82 4.397.98 5.386.82 4.397.98 Property, plant and equipment 4.76 8.30 4.76 $8.30$ Intangible assets Financial assets: 34.62 99.79 48.12 Investments 117.27 0.88 3.66 Others financial assets 0.88 3.66 4.509.73 5.440.58 4.444.56 Total non-current assets 5.509.73 Current assets Inventories 30.139.02 29.261.73 30.139.02 29.261.73 Financial assets: 250.92 257.00 Investments 250.92 257.00 57.751.80 64.459.39 57,751.80 64,459.39 Trade receivables 4.463.29 4.635.59 Cash and cash equivalents 4.461.46 4.632.09 Bank balances other than above 7.563.74 7.343.65 7.563.74 7.343.65 494.72 494.72 525.99 Loans 525.99 835.06 751.43 835.06 Other financial assets 751.43 383.83 210.48 Current tax assets (net) 383.83 210.48 10.363.22 6.871.24 Other current assets 9.927.79 6.472.57 Total current assets 1,07,479.19 1,18,680.74 1,07,881.36 1,18,243.48 TOTAL ASSETS 1,12,325.92 1.23.753.21 1.11.988.92 1,24,121.32 EQUITY AND LIABILITIES Equity Equity share capital 1.299.52 1.174.80 1.299.52 1.174.80 13,026.35 16,380.11 13.061.04 16,332.41 Other equity 17,631.94 14,201.15 17,679.63 14,235.84 Total equity Liabilities Non-current Liabilities Financial Liabilities: 1.365.69 2.287.09 1.365.69 2.287.09 Borrowings 225.95 225.95 Provisions 619.70 623.18 619.70 623.18 Deferred tax liabilities (net) 1,988.87 3,132,74 1,988.87 Total non-current liabilities 3.132.74 Current Liabilities Financial liabilities: 39.647.64 46.025.88 40.071.07 Borrowings 45.576.59 50.748.92 50.456.01 Trade payables 50,748.92 50,456.01 3.919.01 2,687.29 Other financial liabilities 4,047.90 2.808.39 Other current liabilities 2.876.86 2.560.98 2,876.86 2.560.97 54.16 10.00 54.16 10.00 Provisions 96,101.23 Total current liabilities 1,02,988.54 95,798.90 1,03,308.95 Total liabilities 1,06,121.28 97,787.77 1,06,441.69 98,090.10 1,12,325.92 Total equity and liabilities 1,23,753.21 1,11,988.92 1,24,121.32

Place: Mumbai Date: 16th May, 2019.

MLTD DAMO-

For Compuage Infocom Limited

It. Atul Mehta

Chairman and Managing Director

16th May 2019

To, The Corporate Services Dept. BSE Ltd. Phiroze Jeejeebhoy Towers, Dalal Street, Murnbai -400 001.

Security Code: 532456 ISIN: JNEO7OCO1O37

National Stock Exchange of India Ltd., Exchange Plaza, C-i, Block G, Bandra Kurla Complex, Bandra (F), Mumbai — 400 051.

Symbol: COMPINFO

Sub: Declaration with respect to Standalone Audit Report with unmodified opinion for the financial year ended March 31, 2019

Dear Sir/Ma'am,

Pursuant to clause 4.1 of SEBI Circular No. CIR/CFD/CMD/56/2016 dated May 27, 2016, and any amendment thereof, I, hereby, declare that the Auditors of the Company, M/s. Bhogilal C. Shah & Co., Chartered Accountants, having Firm Registration No.: 101424W has issued the Standalone Audit Report under the Companies Act 2013 and Financial Results as prepared under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the financial year ended on March 31, 2019 with unmodified opinion.

Request to take note of the above.

Thanking you,

Yours faithfully, For Compuage Infocom Limited,

0

Atul Mehta Chairman and Managing Director

Place: Mumbai

0-601/602 & G-601/602, lotus coTpoTQe Paik. G!Dhorn iaih Steel Compound. Western express Ftghwoy. Goregacn (El. Mjmbol — 400 063 nd:a Ph.;+91.22-6711 4444 Fox.+91-22-6711 4445 into@compuogelndla.com w.compuagelnd[a, corn CIN: L99999MH1999PLC1 35914

16th May 2019

To, The Corporate Services Dept. BSE Ltd. Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001.

National Stock Exchange of India Ltd., Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051.

Security Code: 532456 ISIN: INE070C01037

Symbol: COMPINFO

Sub: Declaration with respect to Consolidated Audit Report with unmodified opinion for the financial year ended March 31, 2019

Dear Sir/Ma'am,

Pursuant to clause 4.1 of SEBI Circular No. CIR/CFD/CMD/56/2016 dated May 27, 2016, and any amendment thereof, I, hereby, declare that the Auditors of the Company, M/s. Bhogilal C. Shah & Co., Chartered Accountants, having Firm Registration No.: 101424W, has issued the Consolidated Audit Report under the Companies Act, 2013 and Financial Results as prepared under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the financial year ended on March 31, 2019 with unmodified opinion.

Request to take note of the above.

Thanking you,

Yours faithfully, For Compuage Infocom Limited,

Atul Mehta Chairman and Managing Director

Place: Mumbai

D-601/602 & G-601/602. Lotus corporate Park, Graham firth Steel Compound, Western express Highway, Goregaon (E),Mumbal - 400 063: India.Ph.:+91-22-6711 4444 Fax:+91-22-6711-4445 Info@compuageIndia.com www.compuageindia.comCIN: L99999MH1999PLC135914