Delton Cables Ltd. — Interim / Quarterly Report 2021

Nov 10, 2020

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To, The Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001

Date: 10[th] November, 2020

Scrip Code: 504240

Sub: Outcome of Board Meeting of M/s Delton Cables Limited

Dear Sir/Madam,

This is to inform you that in just concluded meeting of Board of Directors of M/s Delton Cables Limited held on 10[th] November, 2020 through video conferencing, the board discussed & approved the Un-audited financial results for the quarter and half year ended on 30[th] September, 2020 along with Limited Review Report of Statutory Auditors.

Pursuant to applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the un-audited financial results for the quarter and half year ended on 30.09.2020 along with Limited Review Report of Statutory Auditors are duly enclosed.

Kindly take the same on your record pursuant to SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015.

Thanking you,

Yours faithfully

For Delton Cables Limited

VIKAS Digitally signed by VIKAS RAWAT RAWAT Date: 2020.11.10 16:24:09 +05'30' Vikas Rawat Company Secretary& Compliance Officer

Encl.; As above

HEAD OFFICE: BANSAL & CO. LLP

A-6, Maharani Bagh CHARTERED ACCOUNTANTS New Delhi-110065 PH. : 011-41626470-71 Fax : 011-41328425 e-mail : info@bansalco.com

Independent Auditor’s Review Report on the Quaterly and Year to date Unaudited Financial Results of the Company Pursuant to the Regulation 33 and 52 of the SEBI ( Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

To, The Board of Directors Delton Cables Limited

1. We have reviewed the accompanying Statement of Un-audited Financial results of Delton Cables Limited (“the Company”) for the quarter ended September 30[th] , 2020 and year to date from April 1, 2020 to September 30, 2020 (“the Statement”) attached herewith, being submitted by the company pursuant to the requirements of Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the Regulation”) as amended read with SEBI Circular No. CIR/FD/CMDI/44/2019 dated March 29, 2019 (“the Circular”).

2. The preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (lnd AS) 34 "Interim Financial Reporting'' prescribed under Section 133 of the Companies Act, 2013 as amended read with Rule 3 of Companies (Indian Accounting Standards) Rules, 2015, as amended, read with the Circular and other accounting principles generally accepted in India is the responsibility of the Company's management and has been approved by the Board of Directors of the Company. Our responsibility is to express a conclusion on the Statement based on our review.

3. We conducted our review of the Statement in accordance with Standard on Review Engagements (SRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity” issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.

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BRANCH OFFICES

DELHI: D7, Maharani Bagh, New Delhi-110065 [INDIA] Phones : 26311192, 26843211 Fax : 91-11-26843073 Bhopal : 114, Shree Tower, 2[nd] Floor, Zone-II, Bhopal [MP] Ph : 07554076725,2769224,2769225 Dehradun : 1[st] Floor, C-4, Rich Look, Near LIC Building, Haridwar Road, Dehradun, Uttarakhand, Ph. : 09412063494

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HEAD OFFICE: BANSAL & CO. LLP

A-6, Maharani Bagh CHARTERED ACCOUNTANTS New Delhi-110065 PH. : 011-41626470-71 Fax : 011-41328425 e-mail : info@bansalco.com

1. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the applicable Indian Accounting Standards (‘Ind AS’) specified under Section 133 of the Companies Act 2013, read with relevant rules issued thereunder and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of the Regulation, read with the Circular, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For Bansal & Co LLP Chartered Accountants Firm Reg. No. - 001113N/N500079

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Siddharth Bansal (Partner) (Membership No. 518004) UDIN: 20518004AAAACC6925 Place of Signature: New Delhi Date: November 10, 2020

BRANCH OFFICES

DELHI: D7, Maharani Bagh, New Delhi-110065 [INDIA] Phones : 26311192, 26843211 Fax : 91-11-26843073 Bhopal : 114, Shree Tower, 2[nd] Floor, Zone-II, Bhopal [MP] Ph : 07554076725,2769224,2769225 Dehradun : 1[st] Floor, C-4, Rich Look, Near LIC Building, Haridwar Road, Dehradun, Uttarakhand, Ph. : 09412063494

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Delton Cables Limited

Regd.Office: Delton House 4801 Bharat Ram Road 24 Daryagunj New Delhi -110002 Website :www.deltoncables.com, E-mail: cs@deltoncables.com,CIN: L31300DL1964PLC004255 Statement of Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2020

		(Rs. in lakhs)	(Rs. in lakhs)	(Rs. in lakhs)	(Rs. in lakhs)	(Rs. in lakhs)	(Rs. in lakhs)
Sr. no.	Particulars	Quarter Ended			Half Year Ended		Year Ended
		30-Sep-20	30-Jun-20	30-Sep-19	30-Sep-20	30-Sep-19	31-Mar-20
		(Unaudited)	**(Unaudited) **	(Unaudited)	(Unaudited)	(Unaudited)	(Audited)
1 2 3 4 5 6 7 8 9 10 11.i 11.ii	Income from Operations (a) Revenue from operations (b) Other Income Total income (a) + (b) Expenses (a) Cost of Materials consumed (b) Purchase of stock-in-trade (c) Changes in inventories of finished goods, work-in-progress and (d) Employee benefits expenses (e) Finance Costs (f) Depreciation and amortization expense (g) Other expenses Total Expenses Exceptional Items Tax expense - Current tax : MAT for the year - deferred tax (including MAT credit entitlements) - Income tax adjustment for earlier years Total Tax Expenses Other comprehensive income/ (loss) (Net of tax) (i) Items that will not be reclassified to profit and loss ( Remeasurement of defined benefit liability Total comprehensive income/ (loss) (7 + 8) Paid-up equity share capital (Face Value of Rs. 10 per share) Earnings Per Share (before extraordinary items) (of Rs. 10/- each) (not annualised): (a) Basic (b) Diluted Earnings Per Share (after extraordinary items) (of Rs. 10/- each) (not annualised): (a) Basic (b) Diluted Profit / (Loss) before tax from continuing operations before exceptional items (1 - 2) Profit / (Loss) before tax from continuing operations after exceptional items (3 - 4) Net Profit / (Loss) for the period from continuing operations after tax (5 - 6) (ii) Income tax relating to items that will not be reclassified to profit and loss	4,004.12 56.72 4,060.83 2,833.91 60.60 88.45 362.34 222.49 48.92 324.71 3,941.43 119.40 - 119.40 20.87 (25.57) - (4.70) 124.11 (11.93) (16.81) 4.88 112.17 864.00 1.44 1.44 1.44 1.44	1,533.99 8.82 1,542.81 1,091.97 33.89 (270.53) 283.73 167.85 38.13 188.08 1,533.12 9.69 - 9.69 1.69 (4.42) - (2.72) 12.41 (6.62) (9.32) 2.70 5.80 864.00 0.14 0.14 0.14 0.14				12,573.68 287.41 12,861.09 10,285.95 272.37 (2,107.63) 1,366.35 774.75 129.56 1,550.39 12,271.75 589.34 (29.02) 560.31 92.46 (88.89) (31.92) (28.36) 588.67 (37.05) (52.27) 15.22 551.62 864.00 6.81 6.81 6.81 6.81
				3,467.89 77.35 3,545.24 2,694.57 142.21 (456.73) 359.80 186.36 30.11 401.61 3,357.94 187.30 (37.18) 150.11 33.49 (67.73) (56.78) (91.02) 241.13 (7.88) (11.12) 3.24 233.25 864.00 2.79 2.79 2.79 2.79	5,538.11 65.54 5,603.64 3,925.88 94.49 (182.08) 646.07 390.34 87.05 512.79 5,474.55 129.09 - 129.09 22.56 (29.99) - (7.43) 136.53 (18.55) (26.13) 7.58 117.97 864.00 1.58 1.58 1.58 1.58	5,671.45 92.55 5,764.00 4,898.27 147.47 (1,341.96) 600.71 419.54 58.10 778.05 5,560.19 203.81 (37.18) 166.62 36.24 (72.30) (56.78) (92.84) 259.46 (7.88) (11.12) 3.24 251.58 864.00 3.00 3.00 3.00 3.00

Notes:

1 The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on Nov 10,2020. Limited Audit review under regulation 33 and 53 of SEBI (Listing obligations and Disclosure requirements) Regulations 2015 has been carried out by the statutory auditors of company. The auditors have expressed an unqualified report on the above resutls.

2 The above results have been prepared in accordance with principle and procedures of indian Accounting Standards(Ind AS) as notified under the companies (Indian Accounting Standards) Rules, 2015 as specified under section 133 of Companies Act, 2013.

3 The Company's business activities do not qualify as a reportable segment in context of Indian Accounting Standard-108 "Operating Segment" under Companies (Indian Accounting standards) Rules,2015.

4 The figures have been re-grouped/ rearranged wherever required for the purpose of comparison.

By Order of the Board of Directors For Delton Cables Limited

VIVEK Digitally signed by VIVEK GUPTA GUPTA Date: 2020.11.10 16:18:49 +05'30'

Place: New Delhi Date: Nov 10, 2020

Vivek Gupta Managing Director DIN: 00035916

Delton Cables Limited Regd.Office: Delton House 4801 Bharat Ram Road 24 Daryagunj New Delhi -110002 Website :www.deltoncables.com, E-mail: cs@deltoncables.com,CIN: L31300DL1964PLC004255 Statement of Assets and Liabilities

Statement of Assets and Liabilities
		(Rs in lacs)
Particulars	As at 30 September 2020 (Unaudited)	As at 31 March 2020 Audited
(d) Deferred Tax Assets including MAT entitlement (Net) TOTAL TOTAL (2) Current assets I. ASSETS (1) Non-current assets (a) Property, Plant and Equipment (b) Intangible Assets (c) Financial Assets (i) Investments (ii) Loans (iii) Other Financial Assets (e) Other non-current assets Total non-current assets (1) Equity (a) Inventories (b) Financial Assets (i) Trade receivables (i) Cash and cash equivalents (iii) Other Bank Balance (iv) Loans (v) Other Financial Assets (c) Current Tax Assets (Net) (d) Other current assets Total Current assets II. EQUITY AND LIABILITIES (i) Borrowings (a) Equity Share capital (b) Other Equity Total equity (2) Non-current liabilities (a) Financial Liabilities (i) Borrowings (ii) Other financial liabilities (b) Provisions Total non-current liabilities (4) Current liabilities (a) Financial Liabilities (d)Current Tax Liabilities (Net) Total current liabilities (ii) Trade payables - Total outstanding dues of micro enterprises and small enterprises - Total outstanding dues of creditors other than micro enterprises and small enterprises (iii) Other financial liabilities (b)Provisions (c) Other Current Liabilities	1,027.55 10.05 0.33 73.67 34.86 2,172.91 29.25	1,022.14 12.96 0.33 73.16 36.45 2,142.92 4.07
	3,348.62	3,292.03
	5,443.38 2,912.35 263.90 457.48 2.74 202.05 - 521.23	5,669.32 2,593.57 526.40 540.62 2.74 284.42 2.88 636.64
	9,803.13	10,256.59
	13,151.75	13,548.62
	864.00 4,715.85	864.00 4,597.88
	5,579.85	5,461.88
	587.28 5.00 129.49	573.76 5.00 101.92
	721.77	680.68
	3,826.06 89.61 2,409.51 70.12 148.23 284.05 22.56	4,048.55 90.32 2,315.02 91.12 150.27 710.78 -
	6,850.13	7,406.06
	13,151.75	13,548.62

VIVEK Digitally signed by VIVEK GUPTA Date: 2020.11.10 GUPTA 16:19:46 +05'30'

Delton Cables Limited

Statement of cash flows for the half year ended Sep 30, 2020 (Rupees in lakhs, except for share data and if otherwise stated)

Delton Cables Limited Statement of cash flows for the half year ended Sep 30, 2020 (Rupees in lakhs, except for share data and if otherwise stated)	Delton Cables Limited Statement of cash flows for the half year ended Sep 30, 2020 (Rupees in lakhs, except for share data and if otherwise stated)
Particulars Half Year ended September 30, 2020 Half Year ended September 30, 2019
(Rs. in lakhs) (Rs. in lakhs)
Cash flow from operating activities Profit before tax 129.09 Adjustments for: Depreciation and amortisation expenses 87.05 (profit) Loss on disposal of property, plant and equipment (4.26) Interest income classified as investing cash flows (25.09) Finance costs 390.34 Decrease/(increase) in trade receivables (318.77) (Decrease)/increase in trade payables 93.79 Decrease/(Increase) in loan financial assets (0.51) Decrease/(Increase) in other financial assets 83.95 (Increase) / decrease in other non - current assets (25.17) (Increase) / decrease in other non - current liablity - (Increase) / decrease in inventories 225.94 (Increase) / decrease in other current assets 146.95 Increase / (decrease) in provisions 6.98 Increase / (decrease) in other current liabilities (426.73) Increase /(decrease)in other financial liabilities (21.00) Changes in operating assets and liabilities	166.62 58.10 37.18 (77.06) 419.54 17.08 346.49 (2.65) (1.78) (19.52) 96.82 (1,479.72) (156.61) (66.15) (336.90) (171.14)
Cashgenerated from operations 342.54	(1,169.69)
Income taxpaid	(194.25)
Net cash inflow /(outflow) from operating activities 342.54	(1,363.94)
Cash flows from investing activities Payment for acquisition of property, plant and equipment (93.80) Payment for acquisition of intangible assets (0.00) Proceeds from sale of property, plant and equipment 8.52 Investment in fixed deposits 83.15 Purchase of investment - Interest income 25.09	(445.51) 0.72 - 3,443.94 (15.33) 77.06
Net cash inflow from investing activities 22.96	3,060.88
Cash flows from financing activities Proceeds/(Repayment) of long term borrowings 13.52 Proceeds/(Repayment) of short term borrowings 526.06 (Payment) of lease liability (28.66) Interest and other borrowingcostspaid (390.34)	(120.31) (85.79) - (419.54)
Net cash (outflow) from financing activities 120.58	(625.64)
Net increase / (decrease) in cash and cash equivalents 486.06 Cash and cash equivalents at the beginningof the financialyear (1,408.58)	1,071.31 (1,977.79)
Cash and cash equivalents at the end of the year (922.53)	(906.48)
Reconciliation of cash and cash equivalents as per the cash flow statement Cash and cash equivalents asper above comprise of the following
Cash and cash equivalents 263.90 Cash credit facility from bank (1,186.43) Balance asper statement of cash flows (922.53)	204.82 (1,111.29) (906.48)

VIVEK Digitally signed by VIVEK GUPTA Date: 2020.11.10 GUPTA 16:19:32 +05'30'