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Dynacons Systems & Solutions Ltd. Interim / Quarterly Report 2021

Nov 1, 2021

61285_rns_2021-11-01_edf315f5-b5d7-49a3-afe7-265c75d7701e.pdf

Interim / Quarterly Report

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DYNACONS
SOLUTIONS EMPOWER
THAT
November 01, 2021
To,
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Tower,
Dalal Street,		 Exchange Plaza, C— 1, Block G,
Bandra Kurla Complex, Bandra (East),
Mumbai — 400 001 Mumbai — 400051
Scrip Code- 532365 Symbol - DSSL
; Outcome
of Board
Meeting h		 n November
01,
2021
Pursuant
to
the
provisions
of
SEBI
along with Limited Review Report for the same.		 (Listing
Obligations
and
Disclosure
Requirements)
Regulations, 2015, we hereby inform you that in the meeting of the Board of Directors of the
Company held today i.e. on November 01, 2021, the Board has adopted Un-Audited Standalone
and Consolidated Financial Results for the quarter and half-year ended on September 30, 2021
with Limited Review Report submitted by the Auditor in the required format. We enclose herewith copy of Un-Audited Standalone and Consolidated Financial Results along
We request you to kindly take the same on your record and acknowledge the receipt of same.
The meeting commenced at
04-30 pm.		 and concluded at
04-45 pom
'
Thanking you,
For Dynacons Systems & Solutions Ltd.
<>
Dharmesh Anjaria
Executive Director &
Chief Financial Officer
Din: 00445009
Dynacons Systems & Solutions Limited
CIN NO : L72200MH1995PLC093130
Certified ISO 9001:2008, ISO 14001:2015, ISO 20000-1:2011, ISO 27001:2013, CMMI Maturity Level 3

; Outcome of Board Meeting hn November 01, 2021

<>

MSP&CO.

CHARTERED ACCOUNTANTS

76, RATNAJYOT INDUSTRIAL ESTATE, IRLA LANE, VILE PARLE (WEST), MUMBAI 400 056. TEL. 96999 57001. EMAIL: [email protected]

Independent Auditors' Review Report

To the Board of Directors of Dynacons Systems and Solutions Limited

    1. We have reviewed the accompanying statement of unaudited Standalone financial results of Dynacons Systems and Solutions Limited ("the Company") for the quarter ended September 30, 2021. This statement is the responsibility of the Company's Management and has been approved by the Board of Directors. Our responsibility is to issue a report on these financial statements based on our review.
    1. We conducted our review in accordance with the 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 provide less assurance than an audit, We have not performed an audit and accordingly, we do not express an audit opinion.

Emphasis of Matters

  • i) The Opinion expressed in the present report is based on the information, facts and inputs made available to us through electronic means by the Company. We wish to highlight that due to the COVID-19 induced restrictions on physical movement and strict timelines, the entire audit team could not visit the office of the Company for undertaking the required audit procedures as prescribed under ICAI issued Standards on Auditing, including but not limited to:

  • ° Inspection, Observation, examination and verification of the original documents of invoices, legal agreements, bank accounts statements / loan accounts statements and files.

  • * Physical verification of Cash.

  • e Physical Verification of Property, Plant and Equipment, Inventories as on September 30, 2021.
  • e Any other processes which required physical presence of the audit team.

Our opinion is not modified in respect of this matter.

MSP&CQ. CHARTERED ACCOUNTANTS

76, RATNAJYOT INDUSTRIAL ESTATE, IRLA LANE, VILE PARLE (WEST), MUMBAI 400 056. TEL. 96999 57001. EMAIL: [email protected]

  1. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement of unaudited financial results prepared in accordance with the applicable Accounting Standards and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.

ForMSP& CO. CHARTERED ACCOUNTANTS Firm Registration No. 107565W

MADHUSUDAN Digitally signed by MADHUSUDAN SHANTILAL SHANTILAL PARIKH Date: 2021.11.01 19:06:24 PARIKH +05'30"

M.S. Parikh, Partner Membership No. 08684 Mumbai November 1 , 2021 UDIN :- 21008684AAAADI3639

Unaudited Standalone Financial Results for the Quarter and Half Year Ended September 30, 2021

Particulars Quarter Financial Results for the Quarter and Half Year Ended September 30, 2021 (Rs in Lakhs)
Income from Operations Sept. 30, 2021 Jun. 30, 2021 Sept. 30, 2020 Half Year Ended
Sept. 30, 2021		 Sept. 30, 2020 Year Ended _
Mar. 31, 2021
Net Sales/ Income from operations
a)
Other Income
b}		 13,906.29 14,617.89 9,321.05 28,524.17 15,123.92 43,593,93
Total Income from Operations 69.54
13,975.83		 40.53
14,658.42		 95.80
9,416.85		 110.07
28,634.25		 133.30
15,257.22		 186.74
43,780.67
Expenses
a) Cost of material consumed
b} Chanaes
in Inventories		 14,204.15
(1,694.17)		 11,751.18
1,465,20		 8,195.64
133.83)		 25,955.32
(228.97),		 12,962.80) 42,185.41
c) Emplavee benefits expense
'd) Finance Costs		 656.95
257,19		 645.98 548.00 1,302.93 193.50)
1,049.44		 (3,374.80)
2,393.67]
€) Depreciation
and amortization expense		 29.77) 195.65)
37.04		 203.06)
38.23		 452.83
66.82		 411.87
44.52		 705.80)
f) Other expenses
Total expenses
{a to e)		 97.80
13,551.70		 151.45
14,246.49)		 62.42 249.25 168.91 125.80)
\$35.30
before
Profit		 OAU7LA7 27,798.19) 14,831.03} 42,571.17)
tax and exceptional items(1-2)
Exceptional
Items		 424.13
0.00)		 411.93
0.00)		 245.68
6.00)		 836.06 426.19) 1,209.49
before tax (7-8)
Profit
'Tax expense		 424.13 411.93 245.68} 0.00
836,06,		 0.00
426,19		 0.00
1,209.49,
Net
Profit after Tax (9-10)		 91.33
332.75		 87.87
324.06		 51.47]
194.21		 179.25)
656.81		 89,97 287.24
Other comprehensive income
A(i) Items that will not be reclassified to profit or loss		 336,22 922.26
-
Remeasurement
of defined Benefit Plans
-
Gains
and
losses from investments in equity		 (2.11) (2,46) 0.00 (4.58) (5.11) (9.61)
instruments 0.00 3.68 0.00 11,01 (0.25) 7.93)
A(ii) Income tax relating to items that will not be
reclassified to profit or loss
~
Remeasurement
of defined Benefit Plans
~ Gains
and losses
from investments in equity		 1.15 0.00 (1.53) 115 (1.53) 2.41
instruments 0.00) 0.00 0,00) 0.00) 0.00 0.00
B(i) Items
that
will
be reclassified to profit or loss
B(ii)
Income
tax		 0.00 0.00 0.00 0.00, 0.00 0.00
relating
to Items that will be reclassified
to orofit or loss		 0.00 0.00 0.00
Total other comprehensive
income (A (i-ii) +B {i-ii)
Total comprehensive
income (11412)		 (3.26) 1.22 1,53 0.00
7.59		 0.00
(3.83)		 0.00
0.73
Earninas Per Share 329.49) 325,28 195.74) 664.40) 332.39 922.99)
Basic
EPS (N Profit)		 3.28)

if
i		 3.25, 3.20
3.22		 2.12,
2.13		 6.48)
6.56		 3.67
3.62		 10.08,
10.09
Diluted
EPS (N Profit)		 2.62] 2.55)
__EPS (Total Comprehensive Income) _ 2.60 257, 2.12
213		 5.17)
5.23		 3.67)
3.62		 7.88)
7.88
Mumbai
November 1, 2021		 for and Dharmesh S. Anjaria
Executive Director
Din No: 00445009		 ard of Directors
ae

Registered Office : 78, Ratnajyot Industrial Estate, Irla Lane, Vile Parle West, Mumbai - 400 056. Corporate Office : 3rd Floor, A Wing, Sunteck Centre, Subhash Road, Near Garware Chowk, Vile Parle East, Mumbai - 400 057. G@® +91-22-66889900 | IA +91-22-26716641 | @ www.dynacons.com | Ba [email protected] | 1860-123-4444

Unaudited Standalone Statement of Assets & Liabilities as on September 30, 2021

Particulars Half Year Ended {Rs in lacs)
Half Year Ended
A ASSETS 30-Sep-21
Unaudited		 30-Sep-20
Unaudited
Non-current assets
Property, Plant and Equipment
(a)
Right-of-use asset
{b)		 330.02
240.03		 148.88
Investment in Subsidiaries
({c)
Financial Assets
(d)		 5.05 191.59
5.05
i) Investments 50.02 30,82
(e)
Deferred Tax Assets (Net)
Sub-total-Non-Current Assets		 24.46
649,58		 15.19
391,53
Current assets.
Inventories
(a)
Financial Assets
(b)		 4,475.62 678.36
i) Trade receivables
ii) Cash and cash equivalents		 12,945.10
1,344.57		 9,352.67
ili) Other balances with banks 1,299.18 424.78
1,352.58
iv) Short-term loans and advances
v) Other Financial Assets		 15.72
467.26		 22.89
329,78
Other Current Assets
(c)
Sub-total-Current Assets		 75.45 394.25
TOTAL ASSETS 20,622.91 12,555.32
21,272.49 12,946.85
EQUITY AND LIABILITIES
B
Shareholders' funds
Equity Share Capital
(a)		 1,013.31 917.31
Other Equity
(b)
Sub-total-Shareholders' funds		 4,785.39 2,988.36
Share application money pending allotment 5,798.70 3,905.67
Non-current liabilities = °
Financial Liabilities
(a)
i) Long-term borrowinas
i) Lease Liabilities		 902.48
210.74		 360.35
166.49
Long-term provisions
(b)
Other non-current liabilities
(c)		 166.09 124.86
Sub-total-Non-Current Liabilities 8.12
1,287.43		 8.95
660.66
Current liabilities
Financial Liabilities
(a)
i) Short-term borrowinas 4,933.32 3,687.98
ii) Trade payables
Total outstanding dues of micro enterprises and small
{a)
enterprises
Total outstanding dues of creditors other than micro
(b)		 3.70 0.81
enterprises 8,575.78 4,117.69
Lease Liabilities
(c)
= Other Financial Liabilities
(iii)		 59.74
291.77		 22.11
16.67
Other current liabilities
Sub-total-Current Liabilities		 322.04
14,186.36		 535.26
8,380.52
TOTAL - EQUITY AND LIABILITIES 21,272.49 12,946.85
Dynacons Systems & Solutions Limited
CIN NO ; L72200MH1995PLC093130		 f oe
Certified ISO 9001:2008, ISO 14001:2015, ISO 20000- 1:2011, ISO 27001:2013, CMMI Maturity Level 3 MUME

CIN NO ; L72200MH1995PLC093130 f oe Certified ISO 9001:2008, ISO 14001:2015, ISO 20000- 1:2011, ISO 27001:2013, CMMI Maturity Level 3 MUME 5]

Registered Office : 78, Ratnajyot Industrial Estate, Irla Lane, Vile Parle West, Mumbai - 400 0st HN — A Corporate Office : 3rd Floor, A Wing, Sunteck Centre, Subhash Road, Near Garware Chowk, Vile Parle East, Muiaix 4' 'Gm +91-22-66889900 | im +91-22-26716641 | @ www.dynacons.com | ig [email protected] | 1860-123-4444

Notes :

  • 1The above results were reviewed and recommeded by the Audit Committee at its meeting held on November 1, 2021 and were placed and approved at the meeting of the Board of Directors held on November 1, 2021 2) The company operates in the segment of Systems Integration and Services. 3) The unaudited financial results of the Company for the quarter ended September 30, 2021 have been subject to limited review bv its Statutorv Auditors. 4) These results have been prepared in accordance with the Ind AS notified under Companies (Indian Accounting Standard) Rules. 2015 and Companies (Indian Accountina Standards) Amendment Rules. 2016. 5) The Company in the Board meeting held on October 04, 2021 has allotted 11,45,000 shares towards conversion of 11,45,000 warrants into equity shares for Rs. 28 each (including premium of Rs, 18 each), issued on preferential basis for which the Company received balance 75% of the issue price i.e. Rs. 2,40,45,000 on September 29, 2021
  • 6) The format for unaudited quarterly results as prescribed in SEBI's circular CIR/CFD/CMD/15/2015 dated 30th November 2015 has been modified to comply with requirements of SEBI's circular dated Sth July 2016, Ind AS and Schedule III to the Comnanies Act. 2013. 7} The figures for the previous period have been regrouped and re-arranged, wherever necessary, to make them comparable with the current period.

For Dynacons Systems & Solutions Ltd. for and o he Board_of Directors

Mumbai

Dharmesh S, Anjaria November 1, 2021 Executive Director Din No: 00445009

Dynacons Systems & Solutions Limited CIN NO : L72200MH1995PLC093130 Certified ISO 9001:2008, ISO 14001:2015, ISO 20000-1:2011, ISO 27001:2013, CMMI Maturity Level 3

Registered Office : 78, Ratnajyot Industrial Estate, Irla Lane, Vile Parle West, Mumbai - 400 OS6. Corporate Office : 3rd Floor, A Wing, Sunteck Centre, Subhash Road, Near Garware Chowk, Vile Parle East, Mumbai - 400 057, GE +91-22-66889900 | WG +91-22-26716641 | @ www.dynacons.com | ia [email protected] | 1860-123-4444

Standalone Cash Flow Statement for the half year ended 30th Sep, 2024

DYNACONS
SOLUTIONS
THAT		 EMPOWER
Standalone Cash Flow Statement for the half year ended 30th Sep, 2024
Particulars For the period ended
30th Sep, 2021		 For the period ended
30th Sep, 2020
CASH FLOW FROM OPERATING ACTIVITIES
A
Net profit before Tax and extraordinary items
Add:
Depreciation And Amortisation Expense		 836.06 426.19
Finance Costs
Dividend Income		 66.82
452.83
0.00		 44,52
411,87
(55.28)
539.65 401.11
Operating profit before working Capital
Changes in current assets and liabilities		 1,355.71 827.30
Adjustments for (increase) / decrease in operating assets:
Inventories
Trade receivables		 (228,97)
(2,755.57)		 193.50
Other current financial assets
Other current assets
Adjustments for increase / (decrease) in operating liabilities:		 44,95
14.93		 (953.10)
{75.00)
167.72
Trade payables
Other current financial liabilities
Other current liabilities		 603.67
36.26		 (156.62)
(4.66)
Other non current Liabilities
Provisions		 (314.05)
3.74
17,73		 49.96
0.00
13.36
(2,577.31) (764.85)
Cash Generated from Operations
Taxes paid		 (1,221.60)
(133.36)		 62.44
(53.44)
Net Cash Flow from operating activities (1,354.96) 9.00
B
CASH FLOW FROM INVESTING ACTIVITIES
Purchase of Property, Plant and Equipment
Dividend received		 (1.12)
0.00		 (0.31)
55.28
Payment for Acquring Right-of-use Asset
Investments		 0.00
0.00		 (10.29)
(30.00)
Net Cash Used for Investing Activities (1.12) 14.67
€
CASH FLOW FROM FINANCING ACTIVITIES
Repayment of Lease Liabiliites
Money received against share warrants		 (31.77) 0.00
Dividend Paid
Repayment of long-term borrowings		 240.45
(50.67)
0.00		 0.00
(45.87)
342.72
Short-term borrowings (net)
Short-term borrowings (net) (Also refer note 14)
Interest Paid		 541.18
1,504.41
(452.83)		 206.23
0.00
(411.87)
Net cash From Financing Activities 1,750.77 91.21
Dynacons Systems & Solutions Limited

Standalone Cash Flow Statement for the half year ended 30th Sep, 2021

SOLUTIONS THAT EMPOWER
Standalone Cash Flow Statement for the half year ended 30th Sep, 2021
Particulars For the period ended
30th Sep, 2021		 For the period ended
30th Sep, 2020
D Net Increase in Cash and Cash Equivalents (A+B+C)
394.69 114.88
— Cash and Cash Equivaients at the beginning of the year 949.88 309.90

For @ Board of Directors

fs EM. MS @ Dharmesh Anjaria Executive Director VE Din No: 00445009 S| nau MBa, ) a] y Mumbai : November 1, 2021 CONS pC

Dynacons Systems & Solutions Limited CIN NO :L72200MH1995PLC093130 Certified ISO 9001:2008, ISO 14001:2015, ISO 20000-1;2011, ISO 27001:2013, CMMI Maturity Level 3

Registered Office : 78, Ratnajyot Industrial Estate, Irla Lane, Vile Parle West, Mumbai - 400 056. _cotnorate Office : 3rd Floor, A Wing, Sunteck Centre, Subhash Road, Near Garware Chowk, Vile Parle East, Mumbai - 400 057. G@ +91-22-66889900 | I +91-22- 26716641 | @ www.dynacons.com | ia [email protected] | 1860-123-4444

MSP& CO. CHARTERED ACCOUNTANTS

76, RATNAJYOT INDUSTRIAL ESTATE, IRLA LANE, VILE PARLE (WEST), MUMBAI 400 056. TEL. 96999 57001. EMAIL: [email protected]

Independent Auditors' Review Report

To the Board of Directors of Dynacons Systems and Solutions Limited

  • i We have reviewed the accompanying statement of Consolidated Unaudited financial results of Dynacons Systems and Solutions Limited ("the Parent") and its subsidiary (together referred to as "the Group") for the quarter ended September, 2021, being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
    1. This Statement, which is the responsibility of the Parent's Management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.
    1. We conducted our review of the Statement in accordance with the 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. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable.

MSP &CO. CHARTERED ACCOUNTANTS

76, RATNAJYOT INDUSTRIAL ESTATE, IRLA LANE, VILE PARLE (WEST), MUMBAI 400 056, TEL. 96999 57001. EMAIL: [email protected]

    1. The Statement includes the results of the following entities :
  • i) Dynacons Systems and Solutions Ltd ( Holding Company )
  • ii) Dynacons Systems and Solutions PTE Limited (Subsidiary Company )

Emphasis of Matters

  • i) The Opinion expressed in the present report is based on the information, facts and inputs made available to us through electronic means by the Company. We wish to highlight that due to the COVID-19 induced restrictions on physical movement and strict timelines, the entire audit team could not visit the office of the Company for undertaking the required audit procedures as prescribed under ICAI issued Standards on Auditing, including but not limited to:
  • ° Inspection, Observation, examination and verification of the original documents of invoices, legal agreements, bank accounts statements / loan accounts statements and files.
  • e Physical verification of Cash.
  • ° Physical Verification of Property, Plant and Equipment, Inventories as on September 30, 2021.
  • ° Any other processes which required physical presence of the audit team.

Our conclusion on the Statement is not modified in respect of the above matter.

5: Based on our review conducted and procedures performed as stated in paragraph 3 above principles accompanying and as per laid paragraph Statement, down 6, nothing prepared has in come accordance to our attention with the that recognition causes us and to believe measurement that the in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement,

MSP&CO. CHARTERED ACCOUNTANTS

76, RATNAJYOT INDUSTRIAL ESTATE, IRLA LANE, VILE PARLE (WEST), MUMBAI 400 056. TEL. 96999 57001. EMAIL: [email protected]

  1. The consolidated unaudited financial results includes the interim financial results of one subsidiary whose interim financial results reflects total revenue of Rs. NIL, the total net loss of Rs. 0.15 for the quarter ended September 30, 2021 as considered in the consolidated unaudited financial results which have not been reviewed by their auditors. According to the information and explanations given to us by the management, these interim financial results are not material to the Group.

ForMSP&CO. CHARTERED ACCOUNTANTS Firm Registration No. 107565W

MADHUSUDAN Distal sanedby USUDAN SHANTILAL SHANTILAL PARIKH

Date: 2021.11.01 18:55:01 PARIKH +05'30"

M.S. Parikh, Partner Membership No. 08684 Mumbai November 1, 2021 UDIN : 21008684A A AADJ1595

Unaudited Consolidated Financial Results for the Quarter and Half Year Ended September 30, 2021

a
© En		 Half Year Ended
Income from Operations Sept. 30, 2021 Jun, 30, 2021 Sept. 30, 2020 Sept. 30, 2021 Sept. 30, 2020 Mar. 31, 2021
a) Net Sales/ Income from operations 13,906.29] 14,617.89) 9,320.98
b) Other Income 69.54 40.53) 40.52 28,524.17
110.07		 15,123.85
78.02
Total Income from Operations
Expenses		 13,975.83 14,658.42 9,361.51 28,634.25 15,201.88
a) Cost of material consumed 14,204.15 11,751.18 8,195.04 25,955.32) 12,562.80}
b) Changes in Inventories (1,694.17) 1,465.20) 133.83 (228.97) 193,50)
c) Emplovee benefits expense
cd) Finance Costs		 656.95
257.19		 645.98)
195,69		 548.00)
203.06;		 1,302.93) 1,049.44
} Depreciation and amortization expense 23,77, 37.04 28.30) 452.83)
66,82		 411.87
44.59
f) Other expenses
Total expenses (a to e)		 97.95
13,551.84)		 151.48
14,246.52		 62.65
9,171.47		 249.43 169.18
27,798.37) 14,831.37
Profit before tax and excentional items(1-2)
Exceptional Items		 423.98
0.00;		 411.90
0.00		 190.03) 335.88 370.50)
Profit before tax (7-8) 423.98 411.90 0.00
190.03		 0.00
835,88		 0.00
370.50)
Tax expense
Net Profit after Tax (9-101		 91.38 87.87 51.47 179.25 89.97)
Other comprehensive income 332.60 324.03 138.56 656.63 280,53
A(i} Items that will not be reclassified to profit or loss
- Remeasurement of defined Benefit Plans
- Gains and losses from investments in eauity instruments		 (4.58)
11.01		 (2.46)
3.68)		 0.00 (4.58) (5.11)
- Foreian Exchanae Gains or loss 0.00 0.00 (0.15)
(1.28)		 11.01)
0.00		 (0.25)
0.00;
A(ii) Income tax relating to items that will not be reclassified to
profit or loss,
~ Remeasurement of defined Benefit Plans
- Foreian Exchange Gains or loss		 1.15
0.00		 0.62 1,28 1.15] 1.28]
0.00) 0.00 0.00 0.00
Bi) Items that will be reclassified to profit or loss
B(il) Income tax relating to Items that will be reclassified to		 0.00 0.00; 6.00) 0.00) 0.00
orofit ar Inss. 0.00 0.00 0.00 0.00 0.00
Total other comprehensive income (A (i-ii) +B (i-ii)
'Total comorehensive income (11+12)		 Ff 1.84 (2.71) 7.59) (6.39)
Earninas Per Share 337. 325.87 135.85) _ 664.22 274.14!
Basic
EPS (N Profit)		 3.28 3.20
EPS {Total Comprehensive Income) 3.33 3.22 1.51
1.48		 6.48
6.55)		 3.06
3.01
Diluted
EPS (N Profit)		 2.62 2.55)
iv
4		 2.66 2.57 151
1.48]		 5.17
5.23		 3.06
3.01
Mumbai
November 1, 2021		 Dharmesh S. Anjaria
Executive Director
Din No: 00445009
Dynacons Systems & Solutions Limited
CIN NO : L72200MH1995PLC093130
Certified ISO 9001:2008, ISO 14001:2015, ISO 20000-1:2011, ISO 27001:2013, CMMI Maturity Level 3
Registered Office : 78, Ratnajyot Industrial Estate, Irla Lane, Vile Parle West, Mumbai - 400 056.
Corporate Office : 3rd Floor, A Wing, Sunteck Centre, Subhash Road, Near Garware Chowk, Vile Parle East, Mumbai - 400 057.

For Dynacons Systems & Solutions Ltd. for and on behalf of the Board of Directors

Dynacons Systems & Solutions Limited CIN NO : L72200MH1995PLC093130 Certified ISO 9001:2008, ISO 14001:2015, ISO 20000-1:2011, ISO 27001:2013, CMMI Maturity Level 3

Unaudited Consolidated Statement of Assets & Liabilities as on September 30, 2021

Unaudited Consolidated Statement of Assets & Liabilities as on September 30, 2021
Particulars (Rs in lacs) (Rs in lacs)
Half Year Ended
30-Sep-21		 Half Year Ended
30-Sep-20
A
ASSETS		 Unaudited Unaudited
Non-current assets
(a)
Property, Plant and Equipment
{b)
Right-of-use asset		 330.02
240.03		 148.88
191,59
(c)
Investment in Subsidiaries		 = 7
(d)
Financial Assets
i} Tnvestments
(e)
Deferred Tax Assets (Net)		 50.02
24.46		 30.82
16.79
Sub-total-Non-Current Assets 644.53 388.09
Current assets
(a)
Inventories		 4,475.62 678.36
(b)
Financial Assets
{i)
Trade receivables
(ii)
Cash and cash equivalents		 12,940.55
1,364.50		 9,352.09
448.61
(iii}
Other balances with banks
{iv)		 1,299,18 1,352.58
Short-term loans and advances
(v)
Other Financial Assets		 15.72
467.26		 22.89
(c)
Other Current Assets		 85.94 329.78
396.56
Sub-total-Current Assets 20,648.77 12,580.87
TOTAL ASSETS 21,293.30 12,968.96
B
EQUITY AND LIABILITIES
Shareholders' funds
(a)
Equity Share Capital		 1,013.31
(b)
Other Equity		 4,799.82 917,31
3,006.34
Sub-total-Shareholders' funds 5,813.13 3,923.65
Share application money pending allotment - -
Minority Interest * :
Non-current liabilities
(a)
Financial Liabilities
i)
Borrowinas
(ii)
Lease Liabilities		 902.48 360.35
(b)
Long-Term Provisions		 210,74
166.09		 166.49
124.86
(c)
Deferred Tax Liabilities (Net)
(d)
Other non-current liabilities		 " :
Sub-total-Non-Current Liabilities 8.12
1,287.43		 8.95
660.66
Current liabilities
(a)
Financial Liabilities
i
Borrowings
(i) ~~ Trade Payables 4,933.32 3,687.98
(a)
Total outstanding dues of micro enterprises and small enterprises		 3.70 0.81
{b)
Total outstanding dues of creditors other than micro enterprises and small ent
(c)
Lease Liabilities		 8,582.17 4,121.82
(ii)
Other Financial Liabilities		 59.74
291.77		 22.11
16.67
(b)
Provisions
(c)
Other Current Liabilities		 2
322.04		 ®
Sub-total-Current Liabilities 535.26
5
ynacons Systems & Solutions Limited		 eg
14,192.74 Jc		 8,384.65
A
SN
TOTAL - EQUITY AND LIABIIGINESO : 1 72200MH1995P1C093130 21,293.30,
Certified ISO 9001:2008, ISO 14001:2015, ISO 20000-1:2011, ISO 27001:2013, CMMI Maturity beveh3		 12,568.96 ———

Notes :

  • 1) The above results were reviewed and recommeded by the Audit Committee at its meeting held on November 1, 2021 and were placed and approved at the meeting of the Board of Directors held on November 1, 2021 2) The company operates in the seqment of Systems Integration and Services, 3) The unaudited financial results of the Company for the quarter ended September 30, 2021 have been subject to limited review by its Statutory Auditors.

  • 4) These results have been prepared in accordance with the Ind AS notified under Companies (Indian Accounting Standard) Rules, 2015 and Companies (Indian Accounting Standards) Amendment Rules, 2016.

  • 5) The Company in the Board meeting held on October 04, 2021 has allotted 11,45,000 shares towards conversion of 11,45,000 warrants into equity shares for Rs. 28 each (including premium of Rs. 18 each), issued on preferential basis for which the Company received balance 75% of the issue price i.e. Rs. 2,40,45,000 on September 29, 2021
  • 6) The format for unaudited quarterly results as prescribed in SEBI's circular CIR/CFD/CMD/15/2015 dated 30th November 2015 has been modified to comply with requirements of SEBI's circular dated 5th July 2016, Ind AS and Schedule III to the Companies Act, 2013. 7) The figures for the previous period have been regrouped and re-arranged, wherever necessary, to make them comparable with the current period.

For Dynacons Systems & Solutions Ltd, for and on behalf of the Board of Directors

\

Mumbai

Dharmesh S. Anjaria November 1, 2021 Executive Director Din No: 00445009

Dynacons Systems & Solutions Limited CIN NO ; L72200MH1995PLC093130 Certified ISO 9001:2008, ISO 14001:2015, ISO 20000-1:2011, ISO 27001:2013, CMMI Maturity Level 3

Registered Office : 78, Ratnajyot Industrial Estate, Irla Lane, Vile Parle West, Mumbai - 400 056. Corporate Office : 3rd Floor, A Wing, Sunteck Centre, Subhash Road, Near Garware Chowk, Vile Parle East, Mumbai - 400 057. '@® +91-22-66889900 | Ii +91-22-26716641 | @® www.dynacons.com | Mf [email protected] | 1860-123-4444

Consolidated Cash Flow Statement for the half year ended 30th September, 2021

Particulars For the period ended For the period ended
30th September, 2021 _ 30th September, 2020
CASH FLOW FROM OPERATING ACTIVITIES
Net profit before Tax and extraordinary items 835.88 370.50
Add: Depreciation And Amortisation Expense 66.82 44.59
Finance Costs
Difference in Foreign Exchange Rates		 452.83 411.87
0.05 0.60
519.70 457.06
Operating profit before working Capital 1,355.58 827.56
Changes in current assets and liabilities
Adjustments for (increase) / decrease in operating assets:
Inventories (228.97)
Trade receivables (2,751.02) 193.50
(952.52)
Other current financial assets.
Other current assets		 44,95 (75,00)
Adjustments for increase / (decrease) in operating liabilities: 12,97 174,28
Increase/(Decrease) in Current Liabilities & Provision
Trade payables 597.67 (159,30)
Other current financial liabilities
Other current liabilities		 36,26 (4.66)
Other non current Liabilities (314.05)
3.74		 49,96
0.00
Provisions 17,73 13.36
(2,580.71) (760.40)
Cash Generated from Operations (1,225.14) 67.17
Taxes paid (133.36) (53.44)
Net Cash Flow from operating activities (1,358.50) 13.72
B CASH FLOW FROM INVESTING ACTIVITIES
Purchase of Property, Plant and Equipment
Payment for Acquring Right-of-use Asset		 (1.12) (0.31)
Investments 0.00
0.00		 (10.29)
(30.00)
Net Cash Used for Investing Activities (4.12) (40.60)
C CASH FLOW FROM FINANCING ACTIVITIES
Repayment of Lease Liabiliites (31.77) 0.00
Money received against share warrants
Payment of Dividend		 240.45 0,00
Money received against share warrants (50.67)
0.00		 (55.28)
0.00
Repayment of long-term borrowings 541.18 342.72
Short-term borrowings (net)
Interest Paid		 1,504.41
(452.83)		 206.23
Net cash From Financing Activities (411.87)
1,750.77 81.80
fe: sas
Dynacons Systems & Solutions Limited
CIN NO : L72200MH1995PLC093130
of
e
Certified ISO 9001:2008, ISO 14001:2015, ISO 20000-1: 2011, ISO 27001:2013, CMMI Matty Laeys
Registered Office : 78, Ratnajyot Industrial Estate, Irla Lane, Vile Parle West, Mumbay 300 056		 p

fe: sas

Dynacons Systems & Solutions Limited CIN NO : L72200MH1995PLC093130

Registered Office : 78, Ratnajyot Industrial Estate, Irla Lane, Vile Parle West, Mumbay 300 056 Corporate Office : 3rd Floor, A Wing, ae | Centre, Subhash Road, Near Garware Chowk, Vile Parle @® +91-22-66889900 | WA +91-22-26716641 | @ www.dynacons.com bai - 400 057,

Consolidated Cash Flow Statement for the half year ended 30th September, 2021

DYNACONS
SOLUTIONS
THAT
Consolidated Cash Flow Statement for the half year ended 30th September, 2021		 EMPOWER
Particulars For the period ended
30th September, 2021		 'For the period ended
30th September, 2020
D Net Increase in Cash and Cash Equivalents (A+B+C) 391.16 54.92
E Cash and Cash Equivalents at the beginning of the year 973.34 393.69
F
Cash and Cash Equivalents at the end of the year
1,364.50

For and on behalf of the Board of Directors

Dharmesh Anjaria Executive Director Din No: 00445009 Mumbai : November 1, 20

Dynacons Systems & Solutions Limited CIN NO ; L72200MH1995PLC093130 Certified ISO 9001:2008, ISO 14001:2015, ISO 20000-1:2011, ISO 27001:2013, CMMI Maturity Level 3

Registered Office : 78, Ratnajyot Industrial Estate, Irla Lane, Vile Parle West, Mumbai - 400 056. Corporate Office : 3rd Floor, A Wing, Sunteck Centre, Subhash Road, Near Garware Chowk, Vile Parle East, Mumbai - 400 057, 'G® +91-22-66889900 | lim +91-22-26716641 | @ www.dynacons.com | ia [email protected] | 1860-123-4444

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