NDA Securities ltd. — Interim / Quarterly Report 2019

Aug 13, 2019

NIIA SECURITIES lIMI'I'EII Member : National Stock Exchange of India Ltd. .1131!

: Bombay Stock Exchange Ltd.

: National Securities Depository Ltd.

' ' New Delhi-110001 (India) He istered Office . 1002A, Arunachal, 19, Barakhamba Road, Phgne : 91—11-46204000 (30 lines), 23712751, 23717551, 23713096, 28319687, ^02031621 Fax : 91-11-23731210. Email : info@ndaindia.com, websne : www.ndaindla.com Cl N : L748990L1992PLC050366

Ref: NDAS/Outcome/ 2"d BM/2019 Date: August 13, ²⁰¹⁹

To The Manager (Listing) BSE Limited Phiroze Jeejeebh 0y Towers Dalal Street Mumbai — 400 001

Sub: Outcome fzndB ar Me ' h d n 3. 8.2019 Ref: NDA Securities Ltd. ¹²⁹⁰² N9. 511535

Dear Sir/ Madam,

This is to inform you under SEBI (Listing Obligations and Disclosure ²⁰¹⁵ Requirements) Regulations, that the Meeting of Board of Directors of the Company was held on ²⁰¹⁹ which today, 13'h day ofAugust, commenced at 4:00 PM and concluded at 5:30 PM. The were following matters, inter alia, taken up and decided by the Board:

• ,1. The Un-audited Financial Results (Standalone and Consolidated] of the Company for the quarter ended 30'h June, ²⁰¹⁹ along with Limited Review Report.
• 1. The Board accepted the resignation of Mr. Lalit Gupta, independent Director of the Company who has resigned w.e.f. 13.08.2019.
• 1. Approved re-appointment of Mr. Uma Shanker Gupta(DIN:00008823) as Director independent for second term of five years w.e.f. 13.08.2019 subject to approval of the shareholders at the ensuing Annual General Meeting ofthe Company.
• 1. Approved re-appointment of Mr. Ram Kishan Sanghi [DIN:00350516) as Director Independent for second term of five years w.e.f. 13.08.2019 subject to approval of the shareholders at the ensuing Annual General Meeting ofthe Company.
• 1. The Board considered and Members approved the notice of 27th Annual General Meeting of the of the Company to be held on Friday, 27th September, ²⁰¹⁹ at 4:00 PM at Aggarwal Dharmshala, OCF Pocket 104, Kalkaji Extension, Near Punjsons Factory, New Delhi- 110019.

Kindly take the above information on your record.

Thanking You FOR NDA SECURITIES LIMITED . /

ecretary and Com ACS- 36254

IIIIII SECURITIES lIMI'I'EII

Member : National Stock Exchange of India Ltd.

• : Bombay Stock Exchange Ltd.
• : National Securities Depository Ltd.

Registered Office : 1002A, Arunachal, 19. Barakhamba Road, New Delhi-110001 (India) Phone .' 91-11-46204000 (30 lines), 23712751, 23717551, 23713696. 23319687, 32631621 Fax : 91-11-23731210, Email : into@ndaindia.com, websrte : www.ndaindia.com CIN : L748990L1992PL0050366

	NDA SECURITIES LIMITED
	CIN:L748990L1992PLCO50366
	1002A, ARUNACHAL BUILDING, 19, BARAKHAMBA ROAD, NEW DELHI-110001 Web Site: www.ndaindia.com:Ph. 01123712751 :Fax : 01123731210
	Email: info@ndaindia.com,
	STATEMENT OF CONSOLIDATED UNAUDITED FINANCIAL RESULTS	'	(RS. IN LACS
	FOR THE QUARTER ENDED ON 30TH JUNE 2019 CONSOLIDATED
Sr.	Particulars	Quarter Ended
No.		30.06.2019	30.06.2018
		Uri-Audited	Un-Audited
	1 Revenue from operations
	Fee and Commission Income	121.89	135.29
	Interest Income	11.53	7 14
	Sale of Products	-	175
	' Rental Income	-	»
	Other income	-	-
	Total Income	133.42	144.18
2	Expenses	-
a	Cost of material consumed	«	— 5.80
b	Purchase of stockeinetrade
	Change in inventories of finished goods, work in progress and stock in trade	-	(5.80)
c :1	Employee Benefit expenses	46.69	47.53
e	Finance Costs	4 86	2.98
t	Depreciation and amortisation expenses	4.14	5.34
9	Other expenses
i	Commission	21.66	22.67
H	Other Misc expenses	69.70	68.32
	Total other Expenses	91.36 147.04	90.99 146.84
	Total Expenses Profit'before Exceptional item and tax	(13.63)	(2.66)
3	Exceptional Item	~	-
4 5	Profit before Tax (3-4)	(13.63)	(2.66)
6	Tax Expenses
	Income Tax	«	-
	Deferred Tax Liabilin(Liability+/Asset«)	(0.25)	(0.42)
	Total Tax Expenses	(0.28)	(0.42)
7	for the period from Continuing Net Profit (+)Iloss Operation (5-6)
		(13.35)	(2.24)
8	Profit/ Loss from Disoontinuing Operation	-	-
9	for the period Net Profit (+)/loss	E3435)	(2.24)
10	Other Comprehensive Income	(012	(2.91)
11	income Tax related to comprehensive
12	Income (10-11) Net other Comprehensive	(0.12)	(231)
13	Total Comrehensive Income For the period (9+12)	(13.47)	(5.15)
14	attributable to Owner of Co. Net Profit and Loss for the period	(13.35)	(2.24)
15	Other Comprehensive Income for the period attributable owner	(0312)	(2.91)
16	Paid Up Equity Share (F.V 10/—)	509 2?	509.22
17	In Rs Earning per shares (EPS)	(0 26)	(0 10)
	Basic and Diluted

For NDA tiesamile J3 . Manama '-

NIIA SECURITIES lIMITEII

Member : National Stock Exchange of India Ltd.

• : Bombay Stock Exchange Ltd.
• : National Securities Depository Ltd.

Registered Office : 1002A, Arunachal, 19, Barakhamba Road, New Delhi-110001 (India) Phone : ^914146204000 (30 lines), 23712751. 23717551, 23713696, 23319687, ^32031621 Fax : 91-11-23731210, Email : info@ndaindia.com, website : www.ndaindia.com CIN : L74899DL1992PL0050366

Notes:
The above Consolidated Financial Results 1
have been reviewed by		the Audit Committee and approved	by the Board and taken
	on record in its board meeting held on Tuesday, 13th of August 2019.The Statutory Auditors of the company have carried
out a limited review of the above results of the company	for the quarter ended on June 30 2019
2 The Company has adopted Indian Accounting
transition is April,1,	Standards (Ind AS) with effect from April1,		2019 and effective date of such
2018,The above financial results have been		prepared in accordance with the recognition	and measurement
principles laid down in Ind As»34— Interim financial Reporting	prescribed under section 133 of Companies		Act, 2013 read with
relevant Rules issued thereunder and other	accounting principles generally accepted in lndia.
The Transition has been Carried out from the erstwhile	Accounting Standards notified under the Act. Accordingly
of transition has been recorded in the opening	reserves as at April 1, 2018 and the corresponding		the impact
results have been restated/ reclassified.			figures presented in these
There is a possibility
in the financial reporting	that these financial results for the current and previous periods may require adjustments due to changes
requirements arising from new standards, by the Ministry of Corporate	modification to the existing		standards, gutdelines issued
Affairs or changes	in the used of one or more optional	exemptions from full retrospective
application of certain Ind AS 101 which may	arise upon finalisation of the financial of	financial statement as at the end for the
year ending March 31, 2020 prepared under ind AS.	'
The Company 3 has opted to avail the relaxations provide	by SEBI circular dated July
05. 2016 and therefore the above financial results does not include Ind AS Compliant Financial Results for the preceding
Quarter and year ended March 31, 2019 as the same is not mandatory further in accordance with the relaxation provided in the said circular, the Financial results for the previous quarter ended June 2018 have not been
						Auditors. However the management has exercise necessary
and fair view of its affairs.	due diligence to ensure that the financial results		provide a true
4 The Entire operation
of the company relates to only	one reportable segment	therefor segment	reporting by Ind As 108 is not
required.
Reconsilation of Profit] Loss reported 5	under Previous Indian GAAP	with the total Comprehensive	income under
Ind As for the quarter Ended June 30 , 2018
Particulars
Profit and loss after Tax reported under previous GAAP			Rs. In Lacs
Impact of ind AS on lnvestory due to Fair Market Value			-2.24
Impact of Ind AS on Investment valuation at Fair market Value			-2.92
Total			0.01
6			-5.15
	Standalone Information
		Quarter Ender 30.06.2019	Quarter Ended 30.06.2018
Particulars		Unaudited	Unaudited
Revenue From Operaion		117.71	121.88
Profit Loss After Tax		-1Z.12
Total comprehensive Income		712.24	»5.63
			~8.54
The consolidated result of the company 7 include the results of the wholly
Commodity Brokers Private limited'.(100%	owned subsidiaryies	company' M/s NDA
Subsidiary Company) There were no investor complaints 8
pending/received during the period. 9
The Consolidated financial results are available on the Company's	website www.ndaindia.com
For NDA
P Securitieafinited '
(Sanjay Agarwal)
Managing Director
DIN: 00010639 Signed on 13th Aug, 2019 at New Delhi

Mumbai Office : 21, 2nd Floor, Prospects Chamber Annexe, Dr. D, N. Road, Fort, Mumbai - 400001 Ph; (022) 22834099, 22842694. 22851387. 9322294954 (Reliance), Fax : (022) ^22837301

NDA SECURITIES llMl'l'Ell

Member : National Stock Exchange of India Ltd.

• : Bombay Stock Exchange Ltd.
• : National Securities Depository Ltd.

Registered Office : 1002A. Arunachai, 19, Barakhamba Road, New Delhi-110001 (India) Phone : 91—11-46204000 (30 lines), 23712751, 23717551, 23713696, 23319687, 32631621 Fax : 914123731210, Email : Inlo@ndaind|a.com, webstte : www.ndaindia.com CIN : L748990L1992PL0050366

	NDA SECURITIES LIMITED
	C N2L74899DL1992PL0050366
	1002A, ARUNACHAL BUILDING, 19, BARAKHAMBA ROAD. NEW DELHI-110001 Email: info@ndaindia.com, Web Site: www.ndaindia.com:Ph. 01123712751 :Fax : 01123731210
	STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS
	FOR THE QUARTER ENDED ON 30TH JUNE 2019		(RS. IN LACS)
		STANDALONE
	Particulars	Quarter Ended
Sr.		30.06.2019	30.06.2018
No.		Un-Audited	Un-Audited
	1 Revenue from operations
	Fee and Commission Income	117.71	121.88
	Interest Income	10.93	6.75
	Sale of Products	—	1.75
	Rental Income	-	-
	Other Income	-	-
	Total Income	128.64	130.38
2	Expenses
a	Cost of material consumed	- -	-
In	Purchase of stock-in—trade		5.80
	Change in inventories of finished goods, work in progress and stock in trade	-	(5.80)
c d	Employee Benefit expenses	45.81	45.91
e	Finance Costs	3.51	1.98
f	Depreciation and amortisation exEnses	3.95	4.95
g	Other expenses
i	Commission	21.66	22 67
ii	Other Misc expenses	66.14	60.89
	Total other Expenses	87.80	83.56
	Total Expenses	141.07	156.40
3	Profit before Exceptional Item and tax	(12.42)	(6.02) -
4	Exceptional Item	~
5	Profit before Tax (3-4)	(12.42)	(6.02)
6	Tax Expenses	-	-
	Income Tax Deferred Tax Liability(Liability+lAsset-)	(0.30)	(0.39)
	Total Tax Expenses	(0.30)	(0.39)
7	for the period from Continuing Net Profit (+)Iloss Operation (5-6)
		(12.12)	(5.63)
3	Profit / Loss from Discontinuing Operation	-	-
9	for the period Net Profit (+)lloss
10	Other Comprehensive Income	(12.12)	(5.63)
		(0.12)	(231)
11	Tax related to comprehensive income		_
12	Net other Comprehensive Income (10-11)	(0,12)	(2.91)
13	Total Comrehensive Income For the period	(12.24)	(8.54)
14	Paid Up Equity Share (F.V. 10/~)	509.22	509.22
15	Earning per shares(EPS) In Rs.	(0.24)	(0.17)
	Basic and Diluted

NIIA SECURITIES llMITEIl

Member : National Stock Exchange of India Ltd.

• : Bombay Stock Exchange Ltd.
• : National Securities Depository Ltd.

Registered Office : 1002A, Arunachal, 19. Barakhamba Road, New Delhi-110001 (India) Phone : 91-11-46204000 (30 lines), 23712751, 23717551. 23713696, 23319687, 32631621 Fax 91-11-23731210, Email : info@ndaindia.com, website : www.ndaindia.com CIN : L748990L1992PL0050366

	Notes :
1	The above Standalone Financial Results have been revrewed by
	the Audit Committee and approved on record in its board meeting held on Tuesday,	by the Board and taken
	13th of August 2019.The Statutory Auditors of the company have carried out a limited review of the above results of the
	company for the quarter ended on June 30 2019 The Company has adopted lndian Accounting
	Standards (Ind AS) with effect from April1, 2019 and effective date of such transition is Apri ,1, 2018.The above financial results
	have been prepared in accordance with the recognition and measurement
	principles laid down in Ind As-34- Interim financial Reporting prescribed under section 133 of Companies relevant Rules issued thereunder and other accounting	Act, 2013 read with
	principles generally accepted in India, The Transition has been Carried out from the
	erstwhile Accounting Standards notified under the Act. Accordingly of transition has been recorded in the opening	the impact
	reserves as at April 1. 2018 and the corresponding results have been restated! reclassified	figures presented in these
	There is a possibility that these financial results for the current and previous periods may require adjustments due to changes
	in the financial reporting requirements arising from new standards, modification to the existing standards, gutdelines issued by the Ministry of Corporate
	Affairs or changes in the used of one or more optional exemptions from full retrospective application of certain Ind AS 101 which may
	arise upon finalisation of the financial of financial statement year ending March 31, 2020 prepared under Ind AS.	as at the end for the
	The Company has opted to avail the relaxations provide by SEBI circular dated July 05, 2016 and therefore the above
	financial results does not include Ind AS Compliant Financial Results for the preceding Quarter and year ended
	March 31, 2019 as the same is not mandatory. further in accordance with the relaxation provided	in the said circular, the
Financial results for the previous quarter ended June 2018 have not been subjected to Limited Review or audit by the Statutory
	Auditors. However the management has exercise necessary due diligence to ensure that the financial results provide a true and fair view of its affairs.
	The Entire operation of the company relates to only one reportable segment therefor segment reporting	by Ind As 108 is not
	required.
	Reconsilation of Profit/ Loss reported under Previous lndian GAAP with the total Comprehensive	income under Ind AS for the
	quarter Ended June 30 , 2018 Particulars
	Profit and loss after Tax reported	Rs. In Lacs
	under previous GAAP Impact of Ind AS on lnvestory due to Fair Market Value	-5.63
	Impact of Ind AS on Investment valuation at Fair market Value	72.92
	Total	0.01
	There were no investor complaints pending/received during the period.	>854
	Previous year figures have been regrouped and rearranged wherever considered necessary
8	The Standalone financial results are available on the Company's website www.ndaindia.com
	For NBA 8
	curitiezunrited U3
	(Sanjay Agarwal) Managing Director
	DIN: 00010639
	Signed on 13th Aug, 2019 at New Delhi

Independent Auditor's Review Report on the Quarterlv Un~ audited Standalone Financial Results of the Com an Pursuant to the Re ulation ³³ of the \$68! Listin 0in ations and Disclosure Re uirements Re ulations 2015 as amended

Review Report to The Board of Directors NDA Securities Limited

• 1. We have reviewed the accounting statement of unaudited standalone financial results of M/s NDA Securities Limited ( the Company) for the quarter ended June 30, ²⁰¹⁹ ( the Statement) attached herewith, being submitted by the Company pursuant to the requirements of Regulation ³³ of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, ²⁰¹⁵ (" the Regulation") as amended, read with SEBI Circular No. CIR/CFD/CMD1/44/2019 dated March 29, ²⁰¹⁹ ('the Circular').
• 1. The preparation of the Statement in according with the recognition and measurement principles laid down in India Accounting Standard 34, (Ind AS 34) " interim Financial Reporting" prescribed under Section ¹³³ of the Companies Act, 2013, as amended, read with Circular 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.
• 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. 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 limitedprimarily to inquired 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.
• 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 aforesaid Indian Accounting Standards ('Ind AS') specified under Section ¹³³ of the Companies Act, ²⁰¹³ as amended, read with relevant rules issued thereunder and other recognised 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.

\i

21/4656, Ansari Road, DaryaGaqi,NewDelhi-l lOOOZflNDIA) Ph. : +91-1 143%"; Fax : +914 l-42564656 E—mail : spgargdclhi@yahoo.co.in, ' g _

.

lnde endent Auditor's Review Re art on the uarterl Un- audited Consolidated Financial Results of the Companv Pursuant to the Regulation ³³ of the SEBI (Listing Obligations and Disclosure Re uirements Re ulations 2015 as amended

Review Report to The Board of Directors NDA Securities Limited

• 1. We have reviewed the accompanying Statement of unaudited Consolidated Financial Results of M/s NDA Securities Limited ("the Parent") and its subsidiaries (the Parent and its subsidiaries together referred to as 'the Group'), and its share of the net loss of its subsidiaries for the quarter ended June 30, ²⁰¹⁹ ( the " Statement") attached herewith, being submitted by the Parent pursuant to the requirements of Regulation33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, ²⁰¹⁵ as amended ("the Regulations"), read with SEBI Circular No. CIR/CFD/CMD1/44/2019 dated March 29, ²⁰¹⁹ (the Circular).
• 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, (Ind A534) "Interim Financial Reporting" prescribed under Section ¹³³ of the Companies Act, ²⁰¹³ as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India read with the Circular. 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 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.
• 4, We also performed procedures In accordance with the Circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Regulations, to the extent applicable. The Statement includes the results ofthe following entity:
• i. NDA Securities Limited
• ii. NDA Commodity Brokers Private Limited

CA Satya Prakash Garg (FCA)

Mob. : ^9810310487 Satya Trakasfi (jaw CV C0-

CHARTERED ACCOUNTANTS

• 1. Based on our review conducted and procedures performed as stated in paragraph ³ above and based on the consideration of the review reports of other auditors referred to in paragraph ⁶ below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with recognition and measurement principles laid down in the aforesaid lndian Accounting Standard specified under Section ¹³³ of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, 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
• 1. We did not review the interim financial information of ⁴ subsidiaries, included in the consolidated unaudited financial results. whose interim financial information reflect total revenue of Rs. 4.78 Lacs , total net loss after tax of (Rs. 1.22 Lacs) for the quarter ended June 30, 2019, as considered in the consolidated unaudited financial results. This interim financial information has been reviewed by other auditors, whose reports have been furnished to us by the management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures in respect of these subsidiaries is based solely on the report of the other auditors and procedures performed by us as stated in paragraph ³ above. Our conclusion on the Statement is not modified in respect ofthe above matter.

DATE: 13.08.2019 PLACE: NEW DELHI

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