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Pansari Developers Limited Regulatory Filings 2021
62017_rns_2021-06-30_55dcf063-2913-4a47-82fd-44a393441930.pdf
Regulatory Filings
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ISARI DEVELOPERS LIMIT
(CIN No.: L72200WB1996PLC079438) Registered Office: 14, N. S. Road, 4th Floor, Kolkata - 700 001, West Bengal, India Tel. No. 033-2231-6142/46, 4005-0500-04, E-mail: [email protected]
$\overline{a}$
Date: 30.06.2021
T0
National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block Bandra-Kurla Complex Bandra (E) Mumbai - 400 051
Scrip Code: PANSARI Sub: Outcome of the Board Meeting held on 30th June 2021.
Dear Sir/Madam.
This is to inform you that in pursuance to Regulation 33 of SEBI (LODR) Regulations, 2015, the Board of Directors of the Company in their meeting held today i.e., Wednesday, the 30th June, 2021 started at 2 p.m., has inter-alia, transacted the following businesses:
- Considered and approved the Standalone and Consolidated Financial Results of the $\mathbf{1}$ . Company for the half-year and financial year ended 31st March 2021 which is enclosed.
-
- Considered and taken on record the Audit Report(Standalone and Consolidated) submitted by the Statutory Auditors of the Company for the half-year and financial year ended 31st March 2021 which is enclosed.
It was also noted in the meeting that as per Regulation 15 (2) of SEBI (LODR) Regulations. 2015 the compliances for Corporate Governance Report and Annual Secretarial Compliance Report as specified in Regulation 24A of SEBI (LODR) Regulations, 2015 are not applicable to the company as the company is an entity listed on NSE (SME) Platform.
Kindly take the aforesaid information in your records.
Thanking you,
Yours faithfully.
For Pansari Developers Limited PANSARI DEVELOPERS LIMITED
Amost tyrand
Ankit Agarwal Director DIN: 02804577
PANSARI DEVELOPERS LIMITED Balance Sheet as at 31st March 2021
$\tilde{\epsilon}$
| Standalone | (Ks in Lakhs) Consolidated |
|||||
|---|---|---|---|---|---|---|
| As on 31st March | As on 31st March | |||||
| 2021 | 31st March 2020 | 2021 | 31st March 2020 | |||
| (Audited) | (Audited) | (Audited) | (Audited) | |||
| Ι. | EQUITY AND LIABILITIES | (Amount in Rs) | (Amount in Rs) | (Amount in Rs) | (Amount in Rs) | |
| (1) | Shareholders' Funds | |||||
| (a) Share Capital | 1,744.68 | 1,744.68 | 1,744.68 | 1,744.68 | ||
| (b) Reserves and Surplus | 4,618.57 | 4,245.72 | 4,618.57 | 4,245.72 | ||
| Total Shareholder's Funds | 6,363.25 | 5,990.40 | 6,363.25 | 5,990.40 | ||
| (2) | Non-Current Liabilities | |||||
| (a) Long Term Borrowing | 1,185.65 | 2,316.58 | 1,185.65 | 2,316.58 | ||
| (b) Other Long Term Liabilities | 769.72 | 994.86 | 895.35 | 994.86 | ||
| Total Non-Current Liabilities | 1,955.36 | 3,311.44 | 2,081.00 | 3,311.44 | ||
| (3) Current Liabilities | ||||||
| (a) Short-Term Borrowings | 2,540.07 | 2,394.75 | 4,779.25 | 4,792.68 | ||
| (b) Trade Payables | ||||||
| - Dues to Micro & Small Enterprise | ||||||
| - Dues to Others | 106.24 | 149.03 | 160.70 | 255.09 | ||
| (c) Other Current Liabilities | 4,748.73 | 4,986.55 | 6,436.26 | 6,399.57 | ||
| (d) Short-Term Provisions | 38.71 | 15.68 | 59.41 | 15.81 | ||
| Total Current Liabilities | 7,433.74 | 7,546.02 | 11,435.62 | 11,463.16 | ||
| Total Equity & Liabilities | 15,752.36 | 16,847.85 | 19,879.87 | 20,765.00 | ||
| II. ASSETS | ||||||
| (1) | Non-Current Assets | |||||
| (a) Fixed Assets | ||||||
| (i) Property, Plants & Equipments | 2,212.93 | 2,204.80 | 2,214.31 | 2,206.40 | ||
| (ii) Intangible assets | ||||||
| (iii) Capital Work-in-Progress (b) Non-Current Investments |
1,028.70 | |||||
| (c) Deferred Tax Asset | 15.29 | 1,032.26 16.11 |
1,021.32 15.39 |
1.026.76 16.17 |
||
| (d) Long Term Loans & Advances | 82.45 | 17.36 | 82.45 | 12.69 | ||
| (e) Other Non-Current Assets | 625.30 | 637.95 | 891.04 | 637.95 | ||
| Total Non-Current Assets | 3,964.67 | 3,908.48 | 4,224.50 | 3,899.98 | ||
| (2) Current Assets | ||||||
| (a) Inventories | 9,631.13 | 10,324.63 | 13,309.12 | 13,301.34 | ||
| (b) Trade Receivables | 584.62 | 373.64 | 584.62 | 374.64 | ||
| (c) Cash and Bank Balances | 194.75 | 97.97 | 227.68 | 129.84 | ||
| (d) Short-Term Loans and Advances | 1,147.31 | 1,767.68 | 1,189.76 | 1,781.97 | ||
| (e) Other Current Assets | 229.88 | 375.45 | 344.19 | 1,277.22 | ||
| Total Current Assets | 11,787.69 | 12,939.37 | 15,655.37 | 16,865.02 | ||
| Total Assets | 15,752.36 | 16,847.85 | 19,879.87 | 20,765.00 | ||
PANSARI DEVELOPERS LIMITED
$\begin{array}{cc} \downarrow & \downarrow & \downarrow \ \downarrow & \downarrow & \downarrow & \downarrow \end{array}$
| (Rs in Lakhs) | ||||||||
|---|---|---|---|---|---|---|---|---|
| Standalone | Standalone | Consolidated | ||||||
| Half year ended | Year Ended | Year Ended | ||||||
| $\frac{5}{2}$ . | Particulars | 31 March 2021 | 30 September 2020 |
31 March 2020 | 31 March 2021 | 31 March 2020 | 31 March 2021 | 31 March 2020 |
| (Audited) | (UnAudited) | (Audited) | (Audited) | (Audited) | (Audited) | (Audited) | ||
| $\overline{ }$ | Income from Operations | |||||||
| (a) Revenue from Operations | 1,658.04 | 1,023.58 | 1,256.81 | 2,681.62 | 3,479.81 | 3,609.87 | 3,479.81 | |
| (b) Other Income | 119.08 | 18.61 | 29.53 | 137.69 | 64.18 | 56.57 | 65.67 | |
| Total Income | 1,777.12 | 1,042.19 | 1,286.34 | 2,819.31 | 3,543.98 | 3,666.44 | 3,545.47 | |
| $\overline{\mathcal{C}}$ | Expenditure | |||||||
| (a) Cost of Sales | 1,124.69 | 767.61 | 864.43 | 1,892.30 | 2,657.52 | 2,533.80 | ||
| (b) Purchases of Stock in Trade | î | 2,565.20 | ||||||
| (c) Changes In Inventories Of Finished Goods, Work-In- | ||||||||
| Progress & Stock-In-Trade | ä | ı. | $\bar{\epsilon}$ | |||||
| (d) Employee Benefits Expenses | 8.78 | 35.27 | 19.46 | 44.05 | 81.42 | 55.68 | 93.94 | |
| (e) Finance Cost | 123.30 | 96.02 | 139.09 | 219.31 | 211.95 | 363.85 | 291.77 | |
| (f) Depreciation and Amortisation Expense | 62.95 | 55.66 | 79.07 | 118.61 | 118.85 | 118.98 | 119.23 | |
| (g) Other Expenses | 51.58 | 44.16 | 92.46 | 95.74 | 96.64 | 101.03 | 97.38 | |
| $\infty$ | Total Expenses | 1,371.30 | 998.72 | 1,194.52 | 2,370.02 | 3,166.38 | 3,173.35 | 3,167.51 |
| 4 | Profit before Exceptional Items | 405.83 | 43.47 | 91.83 | 449.29 | 377.60 | 493.09 | 377.96 |
| in, | Add: Exceptional Item | |||||||
| $\circ$ | Profit before Tax | 405.83 | 43.47 | 91.83 | 449.29 | 377.60 | 493.09 | 377.96 |
| Less: Tax Expense | ||||||||
| (a) Current Tax | 54.12 | 7.23 | 24.55 | 61.35 | 83.34 | 105.21 | 83.56 | |
| (b) Mat Credit Entitlement | 19.56 | (5.29) | 23.16 | 14.27 | 20.37 | 14.22 | 20.37 | |
| (c) Deferred Tax | (0.11) | 0.92 | (4.19) | $0.82\,$ | (1.53) | $0.80\,$ | (1.52) | |
| $\overline{\phantom{a}}$ | Total Tax | 73.57 | 2.87 | 43.51 | 76.44 | 102.18 | 120.24 | 102.41 |
| $^{\circ}$ | Net Profit | 332.25 | 40.60 | 48.31 | 372.85 | 275.42 | 372.85 | 275.55 |
| $\circ$ | Paid Up Share Capital (Face Value '10 each) | 1,744.68 | 1,744.68 | 1744.68 | 1,744.68 | 1,744.68 | 1,744.68 | 1,744.68 |
| $\overline{10}$ | Earning per share (Face Value '10 each) | |||||||
| (a) Basic | 1.90 | 0.23 | 0.28 | 2.14 | 1.58 | 2.14 | 1.58 | |
| (b) Diluted | 1.90 | 0.23 | 0.28 | 2.14 | 1.58 | 2.14 | 1.58 |
(a) $\text{COMID}$ - 19 pandemic has caused serious disruption on the global economic and business environment. There is a huge uncertainty with regard to its impact which cannot be reasonably determined at this stage. However, circumstances up to the date of approval of these financial statements on the carrying value of its assets and liabilities as on March 31, 2021 (b) The Financial Results of the Company for the Quarter ended 31st March, 2021 have been reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company in their respective meetings held on 30th June, 2021. The Statutory Auditors of the Company have carried out Audit of these results and the results are being published in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
$\left(\epsilon\right)$ The company does not have any extraordinary or exceptional items to report for the above period
(d). The Company does not have more than one reportable segment.
(e). Previous year/ periods figures have been regrouped I reclassified, wherever necessary.
(f) Company Secretary of the company has resigned in 25 February 2021 and company is in process of appointing New Company Secretary
Director PANSARI, DEVELOPERS LIMITED سع مس د $\overline{\mathcal{F}}$ Ander
| Cash Flow Statement for the year ended 31st March 2021 | |||||
|---|---|---|---|---|---|
| (Rs in Lakhs) | |||||
| Particulars | Standalone Year Ended |
Consolidated | |||
| Year Ended | |||||
| 31st March 2021 | 31st March 2020 | 31st March 2021 |
31st March 2020 | ||
| A | Cash Flow From Operating Activities | Amount (Rs) | Amount (Rs) | Amount (Rs) | Amount (Rs) |
| Profit before tax from continuing operations | 449.29 | 377.60 | 493.09 | 377.96 | |
| Profit Before Tax | 449.29 | 377.60 | 493.09 | 377.96 | |
| Adjustment for Non cash & Non operating item | |||||
| Depreciation | 118.61 | 118.85 | 118.98 | 119.23 | |
| Interest & Finance Charges | 387.96 | 487.39 | 363.85 | 291.76 | |
| Profit from sale of Land | (20.58) | (34.36) | (20.58) | (34.36) | |
| Profit from sale of Shares | (6.51) | (2.64) | (6.51) | (2.64) | |
| Interest Received | (21.36) | (23.68) | (21.36) | (23.68) | |
| Dividend Received | (0.38) | (0.20) | (0.38) | (0.20) | |
| Operating Profit before changes in working capital | 907.03 | 922.96 | 927.09 | 728.08 | |
| Movements in working capital: | |||||
| Increase/(Decrease) in Trade Payables | (42.78) | (87.19) | (94.39) | (118.65) | |
| Increase/(Decrease) in Other Current Liabilities | (237.83) | (2,230.46) | 36.68 | (1,744.89) | |
| Increase/(Decrease) in Short Term Provision | 3.40 | 3.50 | 3.40 | 3.50 | |
| Decrease/(Increase) in Trade Receivables | (210.98) | 309.79 | (209.98) | 308.79 | |
| Decrease/(Increase) in Inventories | 693.50 | 2,025.07 | (7.78) | 1,630.79 | |
| Decrease/(Increase) in Short Term Loan and Advances | 620.37 | (143.27) | 592.21 | (134.58) | |
| Decrease/(Increase) in Others Assets and Liabilities | (79.56) | (31.00) | 833.53 | (92.09) | |
| Net cash flow before Tax and Extra ordinary Item | 1,653.14 | 769.41 | 2,080.76 | 580.95 | |
| Direct Taxes (Paid) / Refund | (41.73) | (75.56) | (65.18) | (75.94) | |
| Net cash flow from/(used in) operating activities (A) | 1,611.40 | 693.85 | 2,015.58 | 505.02 | |
| Cash flows from investing activities | |||||
| Purchase of fixed assets, including intangible assets, CWIP and capital advances |
(126.74) | (1,052.82) | (126.74) | (1,052.82) | |
| Decrease/(Increase) in Other Non-Current Assets | (1.63) | (11.25) | (267.31) | (11.25) | |
| Decrease/(Increase) in Long Term Loans & Advances Decrease/(Increase) in Non-Current Investments |
(65.09) | 298.51 | (69.75) | 298.51 | |
| Dividend Received | 30.66 | 281.37 | 32.54 | 198.92 | |
| Interest Received | 0.38 | 0.20 | 0.38 | 0.20 | |
| Net Cash flows from investing activities (B) | 21.36 (141.05) |
23.68 | 21.36 | 23.68 | |
| Cash flows from financing activities | (460.31) | (409.53) | (542.76) | ||
| Proceeds/(Repayment) from Long Term borrowings | |||||
| Proceeds/(Repayment) from Short Term borrowings | (1, 130.93) | (36.50) | (1, 130.93) | (36.50) | |
| Interest Paid | 145.31 | 249.94 | (13.44) | 342.62 | |
| Proceeds from Public Issue of Equity shares | (387.96) | (487.39) | (363.85) | (291.76) | |
| Net cash flows from/(used in) in financing activities $(C)$ | (1,373.58) | ||||
| (273.95) | (1,508.22) | 14.35 | |||
| Net increase / (decrease) in cash and cash equivalent $(A+B+C)$ | 96.78 | (40.41) | 97.83 | (23.41) | |
| Cash and cash equivalent at the beginning of the year | 97.97 | 138.39 | 129.84 | 153.25 | |
| Cash and cash equivalent at the end of the year | 194.75 | 97.97 | 227.68 | 129.84 | |
| Components of Cash and Cash Equivalents Cash in Hand |
|||||
| 53.09 | 47.72 | 57.27 | 50.94 | ||
| With Banks - On Current Account | 141.66 | 50.25 | 170.41 | 78.90 | |
| Other Bank Balance | |||||
| Total cash and cash equivalents | 194.75 | 97.97 | 227.68 | 129.84 | |
PANSARI DEVELOPERS LIMITED
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