Multiplus Holdings Ltd. — Interim / Quarterly Report 2021

Nov 13, 2021

MULTIPLUS HOLDINGS LIMITED

B-101 , Bhaveshwar Plaza, L. B. S. Marg, Ghatkopar (W), Mumbai - 400086 . • Tel.: 022-25005046

Date: 13.11.2021

To,

The Corporate Relationship Department Born bay Stock Exchange Limited 25th Floor, P J Tower, Dalal Street Fort, Mumbai - 400001

Company Code: 505594

Sub: Submission of Un-audited Financial Result for the Quarter ended 30th September, 2021.

Dear Sir,

Please find enclosed herewith the Un-Audited Financial Results and Cash Flow along with Limited Audit Review for the Quarter ended 30th September, 2021 approved by the Board in the meeting held on 13th November, 2021 at Registered Office of the Company.

Kindly take this on your records.

Thanking You

Director

Name: Jignesh Sheth DIN: 00290211

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B-l0l,BHAVESHWAR PlAZA,LBS MARG,GHATKOPAR WEST,MUMBAI-4000B6

CIN : L65990MH1982PLC026425

	STATEMENT OF UN-AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED SEPTEMBER 30, 2021
-							(In Rupees)
Sr. No	_ I Partlcu ars	Quarter Ended			Half Year Ended		Year Ended
		30.09.2021	30.06.2021	30.09.2020	30.09.2021	30.09.2020	31.03.2021
		Unaudited	Unaudited	Unaudited	Unaudited	Unaudited	Audited
		Rs.	Rs.	Rs.	Rs.	Rs.	Rs.
I	Revenue from operations	24,672,598	436,857	196,755	25,109,455	2,031,929	2,866,569
II	Other Income	-	459,000	268,898	459,000	268,898	657,900
III	111_ Total Revenue (t + II)	24,672,598	895,857	465,653	25,568,455	2,300,826	3,524,469
IV	Expenses:
	Employee Benefit Expense	117,000	117,000	111,000	234,000	222,000	471,000
	Financial Costs	844	413	490	1,257	968	1,726
	Other Administrative Expenses Total Expenses (tV)	56,899 174,743	396,230 513,643	68,100 179,590	453,129 688,386	448,340 671,308	738,665 1,211,391
V	Profit before exceptional and extraordinary items and tax	24,497,855	382,214	286,063	24,880,069	1,629,519	2,313,078
VI	Exceptional Items	-	-	-	-	-	-
VII	Profit before extraordinary items and tax (V - VI)	24,497,855	382,214	286,063	24,880,069	1,629,519	2,313,078
VIII	Extraordinary Items	-	-	-	-	-	-
IX	Profit before tax (VII - VIII)	24,497,855	382,214	286,063	24,880,069	1,629,519	2,313,078
X	Tax expense:
	(1) Current tax	6,200,000	-	-	6,200,000	-	-
	(2) Deferred tax	-	-	-	-	-	-
	(3) Prior Period Tax	-	-	-	-	-	-
XI	Profit/(Loss) for the period	18,297,855	382,214	286,063	18,680,069	1,629,519	2,313,078
XII	Other Comprehensive income, net of income tax	2,603,323	5,876,948	7,486,720	8,480,271	-	37,433,384
XIII XIV	Total Comprehensive Income for the period (XI + XII) Paid up equity share capital (Face value of Rs.10 each)	20,901,178 18,800,000	6,259,162 18,800,000	7,772,783 18,800,000	27,160,340 18,800,000	1,629,519 18,800,000	39,746,462 18,800,000
XV	Reserves (excluding revaluation reserves)	-	-	-	-	-	152,185,115
XVI	Earning per equity share:
	(1) Basic	9.73	0.20	0.15	9.94	0.87	1.23
	(2) Diluted	9.73	0.20	0.15	9.94	0.87	1.23
Notes:
1)	The above unaudited Financial Results were reviewed by the Audit Committee at its Meeting held on November 13, 2021
	and taken on record by the Board of Directors at their Meeting held on November 13, 2021.
2)	This statement has been prepared in accordance with the Companies (Indian Accountimg Standards) Rule, 2015
	(Ind AS) precribed under section 133 of the Companies Act, 2013 and other recognised accounting practices and
	policies to the extent applicable. Beginning from 01st April, 2017, the company has adopted Ind AS with a transition date of 01st April 2017 and accordingly restated results for the quarter ended 30th Sept, 2021.
3)	The Company is operating in a single segment as defined in AS-17, hence segment reporting is not applicable to the company.
4)	Previous quarter/years figures have been regrouped/recast, wherever necessary.
					CO HOl 1')"		FOR MULTIPLUS HOLDINGS LIMITED
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							MR. JIGNE5H R. SHETH
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".~ , Date: 13th	November, 2021			~ ~	-(\~		M,"~""'''cro. Din:00290211
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MULTIPLUS HOLDINGS LIMITED

B-101, Bhaveshwar Plaza, L. B. S. Marg, Ghatkopar (W), Mumbai - 400086 . • Tel.: 022-2500 5046

		Particulars	As at 30/09/2021 (Unaudited)	" fiN RUPEES) As at 31103/2021
A		ASSETS		(Audited)
1		Non-current assets
	A	Fixed assets	Nil	Nil
	B	Goodwill on consolidation*	Nil	Nil
	C	Non-current investments	15,24,76,514
	D	Deferred tax assets (net)		12,84,20,233
	E	Long-term loans and advances	Nil	Nil
	F	Other non-current assets	Nil	Nil
			Nil	Nil
2		Sub-total- Non current assets Current assets	15,24,76,514	12,84,20,233
	A	Current Investment	5,04,79,963
	B	Inventories	Nil	4,12,54,214 Nil
	C	Trade receivables	Nil	Nil
	D	Cash and cash equivalents	6,02,434	4,39,334
	E	Short term loans and advances	Nil	Nil
	F	Other Current assets	10,75,020	12,98,058
		Sub-total- Current assets	5,21,57,417	4,29,91,606
		TOTAL ASSETS	20,46,33,931	17,14,11,840
B		EQUITY AND LIABILITIES
1		SHAREHOLDERS FUNDS
	A	Share Capital	1,88,00,000	1,88,00,000
	B	Reserves & Surplus	17,92,59,509	15,21,85,115
	C	Money received against share warrants	Nil	Nil
		Sub - Total- Shareholders Funds	19,80,59,509	17,09,85,115
2		Share Application money pending allotment	Nil	Nil
3 4		Minority Interest* Non-current liabilities	Nil	Nil
	A	Long-term borrowings	Nil	Nil
	B	Deferred tax liabilities (net)	Nil	Nil
	C	Other long term liabilities	Nil	Nil
	D	Long-term provisions	Nil	Nil
		Sub-total- Noncurrent liabilities	Nil	Nil
5		Current Liabilities
	A	Short - term borrowings	Nil	Nil
	B	Trade Payables	4,213	10,866
	C	Other Current liabilities	65,70,209	4,15,859
	D	Short-term provisions	NIL	NIL
		Sub-total- Current Liabilities	65,74,422	4,26,725
		TOT AL - EQUITY AND LIABILITIES	20,46,33,931	17,14,11,840

~ ~

MULTIPLUS HOLDINGS LIMITED

B-1 01, Bhaveshwar Plaza, L. B. S. Marg, Ghatkopar (W), Mumbai - 400086 .• Tel.: 022-2500 5046

	MULTIPLUS HOLDINGS LIMITED
	Cash Flow Statement for the period ended 30th September, 2021
	Particulars		30-09-2021	31-03-2021
A	Cash Flow From Operating Activities:-
	Net profit (Loss) before tax as per Profit and Loss Account Adjust for:		24,880,069.23	2,313,077.72
	Adjustments in Retained Earnings		- -	- -
~	Operrating Profit before Working Capital changes Adjust for :		24,880,069.23	2,313,077.72
	Less :- Changes in working capital		(42,573,250.19)	12,759,767.97
	Cash Generated from Operations		(17,693,180.96)	15,072,845.69
	Taxes Paid		(6,200,000.00)	-
	Net Cash from Operating Activities	A	(23,893,180.96)	15,072,845.69
B	Cash Flow from Investing Activities:-
	Purchase of Non Current Investments (Net)		24,056,281.00	(16,752,233.00)
	Net Cash (used in) Investing Activities	B	24,056,281.00	(16,752,233.00)
C:	Cash Flow From Financing Activities:- ~ Dividend Paid (Incl. Dividend Tax)		-	-
		C	-	-
	Net Increase in Cash and Cash Equivalents	(A-B-C)	163,100.04	(1,679,387.31)
	Opening Balance of Cash and cash Equivalents		439,334.35	2,118,721.66
	Closing Balance of Cash and cash Equivalents		602,434.39	439,334.35

PPD AND COMPANY CHARTERED ACCOUNTANTS

206, Pr~sad Chambers, Opera House, Mumba. - 400 004. Tel. : 4003 6634/2361 6634 Email : capradipdevani@yahoo.in Website : www.ppdandcompany.com

Pradip P. Devani B.Com., RC.A. Mihi.,. P. Devani B.Com, A.C.A.

l~DEf'ENDE'T AUDITOR'S REVIEW REPORT ON THE QUARTERLY UNAUDITED STANDALONE i.'INANCIAL RESULTS OF THE COMPANY PURSUANT TO REGULATION 33 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS,2015

Review Report to, The Roard of Directors, Multiplus Holdings Limited, Mumbai.

• 1. We have reviewed the accompanying statement of Unaudited Standalone Financial Results of MULTIPLUS HOU>INGS LIMITED ("the company") for th~ quarter and half year ended 30th September,202Wthe 5'.tatement"), being submitted by Company to the Stock Exchange viz. BSE Limited ("BSE") pursuant to the requirements of Regulation 33 of the SEBl (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended ("the Regulation"), read with SEBI Circular No. CIRlCFDICMDl/44/2019 dated 29th March, 2019 ' ("the Circular").
• 1. This Statement, which is the responsibility of the Company's management and approved by the 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 AS34"), prescribed under Section 133 of the Companies Act,20 13, and other accounting principles generally accepted in India and pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,20tS (the Listing Regulations, 2015. Out responsibility is to issue a report on the statements based on our review.
• 1. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410 "Review of Interim Fin:lI\cial Information performed by the Independe'nt Auditor of the Entity" issued by the . Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtah moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to linancial data thus provides less assurance than an an audit and. accordingly, we do not express an audit opinion.

PPD AND COMPANY CHARTERED ACCOPNTANTS

206, Prasad Chambers, Opera House, Mumbai - 400 004. Tel. : 4003 6634/23616634 Email : capradipdevani@yahoo.in Website : www.ppdandcompany.com

Pradip P. Devani B.Com., F.e.A. MihiT P. Devani R.Com, A.C.A.

1. rr."eo C'I' \'l" ev ew conducted as stated above, nothing has come to our attention that causes us to I f Ii-.; \ e th .t lh,! a..:compariying statement of unaudited financial rcsults prepared in accordance with Iud ~. S !.~ . a!,>plicablc accounting standards and other recognized accounting practices and policies, and has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 including the manner in which it is to be (" is.:losctl, 'JT thai it contains any material misstatement.

For PPD AND COMPANY CHARTERED ACCOUNTANTS FlRM REG. NO.13651

MUMSAl, 13th November, 2021.

(P P. DEV ANI) PROPRIETOR . MEMBERSHIP NO.034S17 UDIN:- 21034S17AAAABT9S41