P.H. Capital Ltd. — Interim / Quarterly Report 2020

Dec 5, 2019

Regd. Office: 50, Kakad House, 5th Floor, 'A' Wing, Sir Vithaldas Thackersey Marg, Opp. Liberty Cinema, New Marine Lines, Mumbai - 400020. Tel.: 022-2201 9473/022-2201 9417· CIN : L74140MH1973PLC016436 Email: phcapitalltd@gmail.com

ri'" November, 2019 •

The Manager Listing Department Bombay Stock Exchange, Phiroze Jeejeebhoy Tower, zs" Floor, Dalal Street, Mumbai - 400 001

Dear Sir,

Ref: Our Security Code No. 500143

ISIN: INE160FOI013

Sub: Outcome of Board Meeting held on November 11, 2019 under regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

We would like to inform you that at the meeting of Board of Directors of the Company held on Monday, n" November, 2019, the following business were transacted:

• 1. Un-Audited Financial Results of the Company for the quarter, ended so" September, 2019 as reviewed by Audit Committee were approved by the Board of Directors.
• 1. Noting of Resignation of Mr. Anand Singh as Company Secretary of the company.
• 1. Re-constitution of the Audit Committee and Nomination and Remuneration Committee with effect from ri" November, 2019 in the following manner:

Reconstitution of Audit Committee:

Sr.No	Name of Director	Designation
1	Mr. Roshan Jain	(Non-ExecutiveIndependentDirector},Chairman
2	Mr. NaveenChaturvedi	(Non-ExecutiveIndependentDirector)
3	Mr. Rikeen Dalal	Executive Director

Regd. Office: 50, Kakad House, 5th Floor, 'A'Wing, Sir Vithaldas Thackersey Marg, Opp. Liberty Cinema, New Marine Lines, Mumbai - 400020. Tel.: 022-2201 9473/022-2201 9417· CIN: L74140MH1973PLC016436 Emait : phcapitaUtdOgmail.com

Reconstitution of Nomination and Remuneration Committee:

•

Sr.No	Name of Director	Designation
1	Mr. Roshan Jain	(Non-ExecutiveIndependentDirector)Chairman
2	Mr. NaveenChaturvedi	(Non-ExecutiveIndependentDirector),
3	Mr. Rikeen Dalal	Executive Director

The Board meeting commenced at 11.30 a.m. and concluded at 12.30 p.m.

Kindly acknowledge the receipt and take the above record.

Thanking you, Yours faithfully,

Rikeen Dalal Executive Director DIN: 01723446

End:

• 1. A Un-Audited Financial Results of the Company for the quarter ended so" September, 2019
• 1. Limited Review Report for the Quarter ended so" September, 2019
• 1. Resignation letter received from Mr. Anand Singh as a Company Secretary of the Company

Regd. Office: 50, Kakad House, 5th Floor, 'A' Wing, Sir Vithaldas Thackersey Marg, Opp. Liberty Cinema, New Marine Lines, Mumbai - 400020. Tel. : 022-2201 9473/022-2201 9417· CIN : L74140MH1973PLC016436 Email: phcapitalltd@gmail.com

	STATEMENTOF UNAUDITEDFINANCIAL	RESULTS	FOR THE QUARTER	I HALF YEAR ENDED 30TH SEPTEMBER		2019.
							(Rs. In Lakhs)
	PARTICULARS		QUARTERENDED		HALF YEAR ENDED		IYEARENDED
		30.09.2019	30.06.2019	30.09.2018	30.09.2019	30.09.2018	I31.03.2019
		(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Audited)
I	REVENUE:
	( a ) Income from operation	455.31	1696.17	1403.05	2151.49	3359.86	5139.52
	( b ) Other Income	5.53	0.00	6.18	5.53	14.53	15.20
	Total Revenue	460.84	1,696.17	1,409.23	2,157.02	3,374.39	5,154.71
11	EXPENDITURE:
	a) Purchases of stock-in-trade	488.17	1606.65	742.94	2094.81	3055.35	4949.61
	(b) Changes in inventories of finished goods, Work in Progress
	and Stock in Trade	{19.23	(130.52	760.99	(149.75	440.81	122.39
	c Employees benefits exoenses	10.20	10.51	9.84	20.72	18.96	38.23
	d Finance Cost	0.06	22.60	6.53	22.66	21.34	27.11
	e Depreciation and amortizationexpenses	0.52	0.53	2.23	1.05	4.46	6.65
I"""",	Other Administrativeexpenses	18.74	8.46	8.94	27.20	14.66	45.06
	Total Expenses	498.47	1518.23	1531.47	2016.70	3555.57	5189.05
III	Profit! (Loss) before exceptionalItemsand Tax ( 1-11 )	(37.62)	177.94	(122.24)	140.32	(181.19)	(34.34)
IV	Exceptional Items	-		-		-
V	Profit Before Tax ( 111- IV)	(37.62)	177.94	(122.24)	140.32	(181.19)	(34.34)
VI	Tax Expenses:
	a ) Current Tax	13.15	14.62	-	27.77
	b) Deferred Tax	(7.47	32.31	5.44	24.84	34.15	9.58
	( c ) excess provisionIn Eariler Year	-	-	-	-		-
VII	Net Profit for the Period ( V-VI)	(43.30)	131.01	(127.68)	87.71	(215.34)	(43.92)
VIII	Other ComprehensiveIncome ( OCI)		-	-	-	-	-
	Items that will not be Reclassifiedsubsequentlyto profit and
	loss		-		-	-	-
	Items that will be Reclassifiedsubsequentlyto profit and loss	-	-	-
IX	( VII + VIII)Total ComprehensiveIncomefor the period	(43.30)	131.01	(127.68)	87.71	(215.34)	(43.92)
X	Paid-up Eauitv Caoital(Face Value of ~ 10/-Each )	300.01	300.01	300.01	300.01	300.01	300.01
XI	Reserve excludina revaluationreserve	0.00	0.00	0.00	0.00	0.00	0.00
XII	Earninasper share (EPS) in Rs.
	( not annualised ) :
	(a) Basic	(1.44)	4.37	(4.26)	2.92	(7.18)	(1.46)
	(b) Diluted	(1.44)	4.37	(4.26)	2.92	(7.18)	(1.46)

`"

P. H. CAPITAL LTD.

Ftegd. Office : 5D, Kakad House, 5th Floor, `A' Wing, Sir Vithaldas Thackersey Marg, Opp. Liberty Cinema, New Marine Lines, Mumbai - 400020. Tel. : 022-2201 9473 / 022-2201 9417 . CIN : L74140MH1973PLC016436 ErTrail : phcapitalltd ® gmail.com

SEPTEMBER, 2019.
		(Rs. in Lakhs)
PARTICULARS	HALF YEAR ENDED	HALF YEAR ENDED
	30-Sep-19Unaudited	30-Sep-18Unaudited
A. CASH FLOW FROM OPERATING ACTIVITIES:
NET PROFIT BEFORE TAX	140.32	(181.19)
ADJUSTMENTS FOR:
DEPRECIATION	1.05	4.46
(PROFIT)/LOSS ON SALE OF FIXED ASSETS
PROFIT ON SALE OF INVESTMENTS
FINANCE EXPENSES	22.66	21.34
INTEREST RECEIVED
DIVIDEND RECEIVED	(5.53)	(6.18)
OPERATING PROFIT BEFORE WORKING CAPITAL
CHANGES	158.50	(161.57)
ADJUSTMENTS FOR WORKING CAPITAL CHANGES
INVENTORIES	(149.75)	440.80
OTHER CURRENT FINANCIAL ASSETS
OTHER CURRENT ASSETS	(1.33)	254.65
	(1.54)	1.01
OTHER NON CURRENT ASSETS
OTHER FINANCIAL LIABILITIES	0.54	(53.58)
TRADE PAYABLES	94.04	0.57
OTHER CURRENT LIABILITIES	(0.14)	(0.37)
SHORT TERM PROVISIONS	(0.48)	(3.72)
NET WORKING CAPITAL CHANGES	(58.66)	639.36
LESS: CURRENT TAXES		(4.88)
NET CASH GENERATED FROM OPERATIONS	99.84	472.91
B. CASH FLOW FROM INVESTING ACTIVITIES:
(PURCHASE)/SALE OF INVESTMENTS (NET)
PURCHASE OF FIXED ASSETS
SALE OF FIXED ASSETS
DIVIDEND RECEIVED	5.53	6.18
INTEREST RECEIVED
NET CASH USED IN INVESTING ACTIVITIES	5.53	6.18
C. CASH FLOW FROM FINANCING ACTIVITIES:
LONG TERM BORROWINGS (NET OF REPAYMENTS)
SHORT TERM BORROWINGS(NET OF	(0.68)	0.54
REPAYMENTS)	(31.27)	(307.16)
DIVIDEND & TAX THEREON
FINANCE EXPENSES	(22.66)	(21.34)
NET CASH FROM FINANCING ACTIVITIES	(54.61)	(327.96)
NET INCREASE IN CASH AND CASH EQUIVALENTS	50.76	151.13
EQUIVALENTS	17.25	4.54
EQUIVALENTS	68.01	155.67
	or and on behalf of the Board of Directors

DATE : 11 /11 /2019 Director

PLACE : MUIVIBAI +.--` keen mala

...

P. H. CAPITAL LTD.

Regd. Office: 50, Kakad House, 5th Floor, 'A' Wing, Sir Vithaldas Thackersey Marg, Opp. Liberty Cinema, New Marine Lines, Mumbai - 400020. Tel.: 022-2201 9473/022-2201 9417· CIN : L74140MH1973PLC016436 Email: phcapitalltd@gmail.com :: 2 ::

S.NOS.	PARTICULARS
		30.09.2019I	AS AT31.03.2019
			(Audited)
11.	ASSETS
1	NON CURRENT ASSETS
	a} Property, Plant & Equipmentb) Intangible Assets	27.030.03	28.060.06
	cl Financial Assets
	i Non -currrent Investments •	0.00	0.00
	ii} Long term Loans and advances	0.00	0.00
	(d) Other non current assets	0.00	0.00
	Total Non current assets	27.06	28.12
2	CURRENT ASSETS
	( a 1 Inventories	1300.15	1150.40
	( b ) Financial Assets
	j) Cash and Cash Eauivalents	68.01	17.25			I,
	ii} other financial assets	1.72	0.39
	( c ) Other Current Assets( d ) Current tax Assets	14.710.00	13.170.00
	Total current assets	1384.59	1181.21
	TOTAL	1,411.66	1,209.33
11.	EQUITY AND LIABILITIES
1	EQUITY:
	( a ) Equity Share Capital	300.01	300.01
	( b) Other Equity	885.64	797.94
	Total Equity	1185.65	1097.95
	LIABILITIES
2	NON CURRENT LIABILITIES:
	( a ) Financial Liabilities
	Long Term Borrowings	0.94	1.62
	( b ) Deffered Tax Liabilities ( Net)	97.21	72.37
	Total Non current Liabilities	98.15	73.99
3	CURRENT LIABILITIES:
	( a 1Financial Liabilities
	i) Short Term Borrowings	0.00	31.27
	ii} Trade Payable	95.47	1.43
	iii} Other financial Liablities	3.44	2.90
	, ( b ) Other Current Liablities	0.11	0.24
	( c ) Short Term Provisions	28.84	1.55
	Total current Liabilities	127.86	37.39
	TOTAL	1,411.66	1,209.33
Note:	1. The Standalone financial results for the Quarter and half year ended September, 3D, 2019, have been reviewed by the Audit Committee and approved
	by the Board of Directors at its meeting held on 11th November, 2019.I
	2. The financial results of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under the Companies
	(Indian Accounting Standards) Rules, 2015 as specified in section 133 of the Companies Act, 2013 as amended by the Companies ( Indian AccountingStandards) ( Amendment) Rule, 2016.
	3. In line with the provisions of Ind AS 108- "Operating Segments" the Company is engaged in "Trading in Shares & Securities" which constitute single
	reportable business segment. The Company is operating only in india and there is no other significant geographical segment.
		4.• Non - Current Investment held is, 200/- as on 30.09.2019 & 31.03.2019, however due to roundup off in lacs the same appears at , NIL.
	/75. The Figures of the Previou Year have been regrouped 1 recast wherever necessary.
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Place:	Mumbai		'\."'-i	.Rik~wP. DalalDiJ:e∨
Date:	11.11.2019

Regd. Office: 50, Kakad House, 5th Floor, 'A' Wing, Sir Vithaldas Thackersey Marg, Opp. Liberty Cinema, New Marine Lines, Mumbai - 400020. Tel. : 022-2201 9473/022-2201 9417· CIN : L74140MH1973PLC016436 Email: phcapitalltd@gmail.com

	IEXTRACTOF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER / HALF ¥EAR ENDED ON 30TH SEPTEMEBR 2019.
					( , In Lacs except per share data)
			QUARTER ENDED		HALF YEAR ENDED	Year Ended
Sr. No.	Particulars·	30/09/2019	30/06/2019	30/09/2018	30/09/2019	30/09/2018	31.03.2019
		(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Audited)
1	Total income from operationsNet	460.84	1,696.17	1,409.23	2,157.02	3,374.39	5,154.71
2	Net Profit / (loss) for the period before Tax, Exceotional and/or Extraordinary items)	(37.62	177 .94	(122.24)	140.32	181.19	34.34
3	Net Profit / (loss) for the period after tax after Extraordinary & Exceptional items)	43.30	131.01	(127.68	87.71	215.34	43.92
4	Total Comprehensive Income for the period (comprehensiveprofit for the period (after Tax
	and other comprehensive income after taxi	(43.30	131.01	(127.68	87.71	(215.34	(43.92
5	Paid up Equity Share Capital of < 10/-	300.01	300.01	300.01	300.01	300.01	300.01
6	Reserves
7	FVoft 10· eachEarnlnzs Per Share not annualised
	Basic & Diluted	(1.44)	4.37	(4.26)	2.92	(7.18)	(1.46)
8	of tEarnings Per Share after extraordlnarv items10/· each)
	Basic &. Diluted	(1.44)	4.37	(4.26)	2.92	(7.18)	(1.46

Notes:

1. The above is an Extract of the detailed format of Quaterly / Half Yearly Unaudited financial results filed with the Stock Exchange under regulation 33 of the SEBI (Listing and Other Disclosure Requirments) Regulation, 201S. The full format of the Quartely / Half yearly Unaudited Financial Results are available on the Stock Exchange Website. (www.bseindia.com)

2. The above results were revelwed by to' A:uef~mittee and approved by the Board of Directors at their meeting held on 11th November, 2019.

r">; ." ',-'" FOR P.H~D/ ,I rr .-'*\t, """7/./A/L-f17 t J" ~~. ,,' / ~~ ., ' " , n.lal '''' -lli DIN: 01723446 ';;.,. '" ,/ L-__ ..;D..;"..;e..;cto ~,_ c-;"·

Date: 11.11.2019 Place: Mumbai

SANJA Y RAJA JAIN & CO.

CHARTERED ACCOUNTANTS

G-02, HANUMANT BHA VAN, 306 .l.S.S. ROAD, THAKURDWAR, MVMBAI - 02 ._ _ - -.-.... - -----.

Limited Review Report On Unaudited Quarterly Financial Results and Year to Date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

•

To

Board of Directors. of P. H. CAPITALLIMITED

• 1. We have reviewed the accompanying statement of unaudited financial results ('the statement') of P. H. Capital Limited ('the Company') for the quarter ended 30th September, 2019 and vcar t.o date result for the period 1m April 2019 to 30'" September 2019 ("the statement"].
• 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 measurernent :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 relevant rules issued there under arid other accounting principles generally accepted in India, and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 (" Listing Regulations"). Our Responsibility is to express a conclusion on the statement based 011 our review. .
• 1. We conducted our review of the Statement in accordance with the Standard on Review Eng:1Pi'ments (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 financial statements are 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.
• 1. Based on our i..(cvicwconducted as above, nothing has come to our attention th ar causes us t.o believe that the accompanying statement, preparedin accordance with the recognition and measurement principles laid down in applicable Indian Accounting Standards ('lnd AS1 specified under section 133 of the Companies ACT, 2013 as amended, read with relevant rules issued thereunder and other recognized accounting practices and policies has not disclosed the information required 10 hc' disclosed in terms of the regulation, including the manner in which it is to l)/..:disclosed, or that it contains any material misstatement.

Place: Mumbai Date: 11/11/2019 UDIN - 191295~i1/.AAADEG39(1

•

Date: 30th September, 2019

From: Anand Singh, 13, Atal Niwas, Road No. 16, Kisan Nagar No. 2, • Wagle Estate, Thane -.400 604

To The Board of Directors, P H Capital Limited 5 - D, Kakad House, 5 th Floor, A-Wing, Opp. Liberty Cinema, New Marine Lines, Mumbai - 400020

Subject: Resignation from the post of Company Secretary.

Dear Sir,

I hereby tender my resignation from the post of Company Secretary with immediate effect to due certain personal reasons. I am thankful to the Board and the management for their continued co-operation during my tenure as the Company Secretary.

Please consider the same and acknowledge receipt.

Also kindly arrange for getting the necessary forms filed with MCA and necessary disclosures to be made on BSEregarding the above.

Thanking You,

. Yours Faithfully

;'/ Mk

Anar<d Singh

•