Computer Point Ltd. — Interim / Quarterly Report 2023

May 26, 2023

COMPUTER POINT LIMITED

Regd. Office: 1/1B, UPPER WOOD STREET, KOLKATA-700 017

AUDITED FINANCIAL RI SLUTS FOR THE QUARTER & FOR THE YEAR ENDED 31st MARCH, 2023

Rs In Lacs

$\mathsf{l}$

		$\alpha$ , on the remember side STANDALONE
			Quarter Ended			Year Ended
	Particulars
SI	PART-1	31.03.2023	31.12.2022	31.03.2022	31.03.2023	31.03.2022
No		(Audited)	(Unaudited)	(Audited)	(Audited)	(Audited)	2.54
1	INCOME FROM OPERATIONS	0.21	0.40		1.31		164.35
2	OTHER INCOME	37.56	38.10	63.05	150.66 151.97		166.89
3	TOTAL REVENUE (1+2)	37.77	38.50	63.05
4	EXPENDITURE
	a) COST OF MATERIAL		21.25	43.83	92.42		98.67
	b) OTHER OPERATING EXPENSE	31.07	17.10	19.12	56.70		64.65
	c) ESTABLISHMENT EXPENSE	4.30 1.94		2.75	1.94		2.75
	d) DEPRECIATION
	e) OTHER EXPENSE	37.31	38.35	65.70	151.06		166.07
	TOTAL
5	PROFIT/(LOSS) FROM OPERATIONS BEFORE	0.46	0.15	(2.65)	0.91		0.82
	EXCEPTIONAL & EXTRAORDINERY ITEMS, TAX
6	EXCEPTIONAL ITEMS PROFIT/(LOSS) FROM OPERATIONS BEFORE	0.46	0.15	(2.65)		0.91	0.82
$\overline{\mathcal{L}}$	FIN CHRG, EXTRAORDINERY ITEMS & TAX
	INTEREST / FINANCIAL CHARGES
8	PROFIT/(LOSS) AFTER INTEREST BUT BEFORE	0.46	0.15	(2.65)		0.91	0.82
9	EXCEPTIONAL ITEMS & TAX
	EXTRAORDINERY ITEMS
10	PROFIT/(LOSS) FROM ORDINARY ACTIVITIES	0.46	0.15	(2.65)		0.91	0.82
11	BEFORE TAX
12	TAX EXPENSE					0.24	0.21 0.01
	Deffered Tax					0.01
13	PROFIT/(LOSS) FROM ORDINARY ACTIVITIES after Tax	0.46	0.15		(2.65)	0.68	0.62 0.62
14	NET PROFIT/(LOSS) FOR THE PERIOD	0.46	0.15		(2.65)	0.68
15	OTHER COMPREHENSIVE INCOME (OCI)
16	a) Items that will not be reclassified to profit or loss		$\frac{1}{2}$
17	b) Income Tax relating to items that will not
	be reclassified to profit or loss
18	TOTAL OTHER COMPREHENSIVE INCOME (OCI)						0.62
19	TOTAL COMPREHENSIVE INCOME FOR THE PERIOD		0.46	0.15	(2.65)	0.68 341.87	341.19
20	RESERVE EXCLUDING REVOLUTION RESERVE	٠.					3000.13
21	PAID-UP EQUITY SHARE (Face Valued-Rs.10/-)	3000.13	3000.13		3000.13	3000.13
22	EARNINGS PER SHARE (EPS) (Rs. PER SHARE)						0.00
	a) Basic/Diluted EPS before Extraordinary Items		0.00	0.00	0.00	0.00
	b) Basic/Diluted EPS after Extraordinary Items		0.00	0.00	0.00	0.00	0.00

I
	PART - 2
A	PARTICULARS OF SHAREHOLDING
1	PUBLIC SHAREHOLDING
	• NUMBER OF SHARES	29451100	29451100	29451100	29451100	29451100
	· % OF SHAREHOLDING	98.17	98.17	98.17	98.17	98.17
2	Promoton1 & Promoter Group Sharoholdlng
	a) Pledged/encumbered		-	-	-	-
	- Number of Shares	-	-	-	-	-
	- % of Shareholding	-		-	-	-
	b) Non-encumbered
	- Number or Shares	550200	550200	550200	550200	550200
	-% or Shares(As a % or the total Sharehoding or	1.83	1.83	1.83	1.83	1.83
	Promoters & Promoter Group)
	- % of Shares (As a % of the Total Share Capital)	100.00	100.00	100.00	100.00	100.00

NOTE: i) The Audit Committee reviewed the above Results on 22.05.2023 and the Board of Directors at its meeting held on 25.05.2023 approved the results.

ii) Company operates in a single segement i.e. Information Technology. Segment Reporting is not required.

iii) Depreciation has been considered on yearly basis.

iv) Previous Year/Quarter figures are re-grouped/restated, whenever found necessary.

v) Details of reconcillation of net profit or loss reported in accordance with Indian GAAP to total comprehensive income in accordance with IND-AS is given below:

	Rs. In Lac
Description	Qty Ended	Qty Ended
	31.03.2023	31.03.2022
Net ProfiU (Loss) as per previous GAAP (Indian GMP)	0.46	(2.65)
Profit/ (Loss) for the quarter as IND-AS	0.46	(2.65)
Other Comprehensive Income (net of Income Tax)	0	0
Total Comprehensive ProfiU (Loss) for the quarler	0.46	(2.65)

vii) A reconcillalion of Equity to that reported under Previous Generaly Accepted Accounting Principles (GMP) is given below:

	Rs. In Lac
Description	Standlone Qty Ended
	31 .03.2023	31.03.2022
Total Other Equity as per previous GAAP	3,000.13	3000.13
Add/(Less) : Adjustments for GAAP difference
Effect of fair valuation of Financial Assets
Effect of change in treatment of Business combination
Effect of fair valuation of Bearer Plant
Effect of measuring Inventory of Finished goods as per Ind AS
Effoct of recognition of Biological Asset
Tax adjustment on Ind AS adjustment
Equity attributable to equity holders of the Company under Ind AS

Place: Kolkata Dale : 25 05.2023

COMPUTER POINT LIMITED

EXTRACT OF STANDALONE UNAUDIHD FINANCIAL RESULTS FOR THE QUARTER & YEAR ENDED 31st MARCH12023 (in terms of Regulation 47(1) (b) of. the SEBI (LODH) Regulation 2015}

	I				Rs In lac
SN	Particulars		Quarter Ended	Year Ended
			31.03.2023 31.03.2027 3	1.03.2023 3 1.03.2022
	1 Total Income from operation (net)	0.46	(2.65)	0 .91		0.82
	2 Net Profit/(Loss) for the peroid	0.46	(2.65)	0.91		0.82
	(before Tax, Exceptional items and /or
	Extraordinary items)
	3 Net Profit/(Loss) for the peroid	0.46	(2.65)	0 .68		0.62
	(after Tax,before Exceptional items
	and /or Extraordinary items)
	4 Net Profit/(Loss) for the peroid after Tax	0.46	(2.65)	0.68		0.62
	(after Exceptional /Extraordinary items)
	5 Other Comprehensive income for the period		0	0	0	0
		0.46	(2.65)		0.68	0.62
	6 Total Comprehensive income for the peroid including OCI after Tax
	7 P/\ID-UP EQUITY SH/\RE (Face Valued -Rs.10/-·)	3000.13	3000.13	3000.13		3000.13
	8 Other Equity ( excluding Revaluation		0	0	0
	Reserve) as shown in the Audited
	Balance Sheet of the previous year
			0	0	0
	9 EARNINGS PER SHARE (EPS) (Rs. PER SHARE)
	a) Basic/Diluted EPS
	-.___

Place: Kolkata Dale : 25.05.2023

Standalone Statement of Assets and Liabilities		{R s. I n I a kh s )
			STANDALONE
Particulars		31.03.2023	31.03.2022
		(Audited)	(Audited)
ASSETS 1 Non-current assets
(a) Property, Plant and Equipment
(b) Goodwill on consolidation		5.33	7.27
(c) Non-current investments Property		- -	-
Non-current financial assets			-
(a) Long-term loans		482.00	482.00
(b) Other non-current financial assets		18.49	18.49
	Total - Non-current assets	505.82	507.76
2 Current assets
(a) Inventories		-	-
Current financial assets ·
(a) Current investments
(c) Trade receivables		776.14	813.79
(d) Cash and cash equivalants		191.76	118.85
(e) Bank balance other than Cash and cash
equivalants		20.19	100.45
(f) Loans, current		1,813.57	1,769.64
.___ (g) Other current assets		43.02	53.64
	Total - Current assets	2,844.68	2,856.37
EQUITY AND LIABILITIES	TOTAL -ASSETS	3,350.50	3,364.13
1 Equity
(a) Equity Share capital		3,000.13	3,000.13
(b) Other equity		341.88	341.19
	Total - Equity	3,342.01	3,341.32
2 Liabilities
Non-current liabilities
Non-current financial liabilities
(a) Borrowings, non-current		-	-
(b) Trade paya9l~s,,-.-ri~n~~l:'rrent		-	-
(c) Other non/cyt:rent fin;	ni)al liabilities	-	-
t ' ,. ( d) Provision~ :J:l_on-current '7	\	-	0.01
: \ ' ·. (e) Deferred govt. grants non-current
(f) Other non-current' liiibilities
	·Total - Non-current liabilities	-	0.01
Current liabilities & financial liabilites
(a) Borrowings, current		-	·-
		-	-
(b) Trade payables, current		8.25	22.59
(c) Other current liabilities		0.24	0.21
(d) Provisions, current
(e) Current tax liabilities		8.49	22.80
Total -	Current liabilities
TOTAL-	EQUITY AND LIABILITIES	3,350.50	3,364.13

COMPUTER POINT LIMITED

\

COMPUTER POINT LIMITED STATEMENT OF CASH FLOW FOR THE YEAR ENDED 31.03.2023 CIN: L72200WB1984PLC152180

Λ CASH FLOW FROM OPERATING ACTIVITIES:
	Net Profit before taxes & extraordinary items Adjustment for:
	Depreciation Interest paid
	Interest received
		Misc. Exp. Written off
	Operating Profit before working Capital Changes
	Adjustment for:
	Sundry Debtor
	I oans & Advances
		Advances for Project
		Trade Payables/Libilities
		Cash Generated from Operations:
	Interest Paid
	Direct Taxs Paid
	Cash Flow before Extra Ordinary Items
	I ess Lxtra Ordinary Items
	Net Cash Flow from Operating Activities
В.		Cash Flow Investing Activities:
		Purchase of Fixed Assets
		Purchase for Investments
		Payment towrads GST
	Payment of FBT Tax
	Interest/ Dividend Received
		Misc. Exp. For Share Issue
	Net Cash used in Investing Activities
		Cash Flow from Financing Activities:
Grant
	Payment of Long Term Loan
	Payment of Unsecured Loan
	Net Cash used in Financial Activities
		Net Increase/Decrease in Cash & Cash Equivalanet
	Cash & Cash Equivalent (Opening)
	Cash & Cash Equivalent (Ending)

		(Rs.In Lacs)
Current Year		Previous Year
ended 31.03.23		ended 31.03.22
	0.91		0.82
1.94		2.75
(150.66)		(164.35)
	(148.72)		(161.60)
	(147.81)		(160.78)
		4.65
37.65		133.42
(33.31)
(14.30)		5.44
	(9.96)		143.51
	(157.77)		(17.27)
(0.24)	(0.24)	(0.21)	(0.21)
	(158.01)		(17.48)
150.66		164.35
	150.66		164.35
	(7.35)		146.87
	219.30		72.43
	211.95		219.30

Chartered Accountants

Independent Auditors Report on Quarterly and Annual Standalone Financial Results of M/s. COMPUTER POINT LIMITED pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

To the Board of Directors of M/s. COMPUTER POINT LIMITED

1. We have audited the accompanying statement of standalone financial results of M/s. COMPUTER POINT LIMITED ('the Company') for the quarter and year ended 31st March 2023, attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI circular No: CIR/CFD/FAC/62/2016 dated July 5, 2016 and has been initialed by us for identification.

The financial results for the quarter year ended 31st March 2023, have been prepared on the basis of the Audited financial Statements for the year ended 31st March, 2023 and the financial results for the nine months ended 31st December, 2022, which were subject to limited review and are the responsibility of the company's management and have been approved by the Board of Directors of the company. Our responsibility is to express an opinion on these financial results based on our audit of the financial results as at and for the year ended 31st March, 2023 and our review of the financial results for the nine months period ended 31st December 2022, which was prepared in accordance with the recognition and measurement principles laid down in Accounting Standards (AS) 25, "Interim Financial Reporting" , prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued there under, as applicable and other accounting principles generally accepted in India and the relevant requirements of the SEBI Regulations.

• 1. 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 misstatements. An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles basis for our opinion.
• 1. In our opinion and to the best of our information and according to the explanations given to us these quarterly standalone financial results as well as the year to date results read with notes thereon:
• I. Are presented in accordance with 5the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular No: CIR/CFD/FAC/62/2016 dated July 5,2016, in this regard; and
• II. Gives a true and fair view of the financial performance and other financial information for the quarter and year ended 31st March 2023.

Chartered Accountants

1. .Attention is drawn to the fact that the comparative figure for the quarter and year ended 31st March 2023 are based on the previously issued standalone financial statements prepared in accordance with the Accounting Standards (AS) that were audited by the erstwhile auditors. The audit report dated 25th MAY 2023 on the audited standalone financial statement of the Company for the year ended 31st March 2023 issued by erstwhile auditors.

For ACHARYYA SWAPAN & CO. Chartered Accountants FRN.: 325797E

Place : Kolkata Partner

ADITYA SINGH Dated : 25.05.2023 M. No. 068958 UDIN:23068958BGWIQA9802

COMPUTER POINT LIMITED.

1/ 18, Upper Wood Street, Kolkata - 700 017.

CIN - L72200WB1984PLC152180 t-Mail: ~ORPCPL@GMAIL.COM - -· ---------- -- - ·· ·- - ··--- ----· ·· - -- - --- -------------

\ . ..,

Dale: 25.05.2023

To, BSE lld. P.J . Towers, Dalal Street, Fort Mumbai - 400 001

Stock Code: 507833

Dear Sir,

Sub: Declaration pursu~_nt to RegulatlQ.!1.~_J(.3-Ju!} of the SEBI (IJ~!mi ObJ!g_~tlo_ns and Disclosure Re__guirernenW Rem.JlationsL?.01~

In compliance with Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Ref:ulations, 2015 as amended by SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2Ql(j and SEBI Circular No. CIR/CFD/CMD/56/2016 dated 27^{1 h}May, 2016, we hereby confirm that the Statutory Auditors of the Company, M/s. Acharyya Swapan & Co., Chartered Accountants (Firm Registration No. 325797E), have issued an Audit Report with unmodified opinion in respect of Standalone Financial Results for the financial year ended 31"1 March,2023.

This declaration is submitted for your kind information and record.

Thanking you

Yours Sincere! For Comput ~, Bishwajit · (Company s M. No. 69421 nee of fiu~r)