Reliable Data Services Limited — Annual Report 2021

Jun 30, 2021

Date: - 30.06.2021

Reliable

Data Services Ltd.

To. The Manager, Listing Department The National Stock Exchange of India Ltd. Exchange plaza, BKC, Bandra (E) Mumbai-MH 400051.

REF: - (ISIN-INE375Y01018) NSE Symbol -RELIABLE

Sub:-Outcome of Board Meeting of the Company held on 30.06.2021

Dear Sir.

With reference to the subject this is to inform you that the Meeting of Board of Director of Reliable Data Services Limited held on today i.e.30.06.2021 from 04.00 pm to 7.15 pm through video conferencing. The Board has taken inter-alia the following decisions:

• 1. Board has approved audited Standalone Financial Results for the half year ended and year ended as on 31st day of March 2021 as required under Regulation 33 (3) (D) SEBI (LODR) Regulations, 2015.
• 1. Board has approved audited Consolidated Financial Results for the half year ended and year ended as on 31st day of March 2021 as required under Regulation 33 (3) (D) SEBI (LODR) Regulations, 2015.

You are requested to please take on record our above said information for your reference.

Thanking you,

Yours faithfully

For Reliable

DELHI Niharika Gupta Company Secretary A50409

A SER

Data Services Limited

Corporate Office : C-69 & 70, Sector - 2, Near Metro Station Sector - 15, Gautam Budh Nagar, Noida, U.P. - 201301 Ph.: 0120-4089177, 4089100

CIN No. L72900DL2001PLC110145 E-mail : reliable.ho@reliablegroupindia.com Website: www.rdspl.com

Regd. Office : GF - 22, Hans Bhawan, 1, Bahadur Shah Zafar Marg, New Delhi-110002 Ph.: 011-23378813 Fax: 011-23378812

Ashutosh Pandey & Associates (Chartered Accountants)

C-20, 2^nd Floor, Aruna Park, Laxmi Nagar, Delhi-110092 Phone: +91 1149785611, Email: ashu200047@gmail.com

Independent Auditor's Report

On Standalone Annual Financial Results and half yearly Results of Reliable Data Services Limited Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended)

To the Board of Directors of Reliable Data Services Limited Opinion

• 1. We have audited the accompanying standalone annual financial results ('the Statement') of Reliable Data Services Limited ('the Company') for the year ended 31 March 2021, attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('Listing Regulations'), including relevant circulars issued by the Securities and Exchange Board of India ('SEBI') from time to time.
• 1. In our opinion and to the best of our information and according to the explanations given to us, the Statement:

is presented in accordance with the requirements of Regulation 33 of the Listing Regulations and give a true and fair view in conformity with the applicable Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013 ('the Act'), read with relevant rules issued there under, and other accounting principles generally accepted in India, of the standalone net profit after tax and other comprehensive income and other financial information of the Company for the year ended 31 March 2021.

Basis for Opinion

1. We conducted our audit in accordance with the Standards on Auditing ('SAs') specified under section 143(10) of the Act. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Statement section of our report. We are independent of the Company in accordance with the Code of Ethics issued

by the Institute of Chartered Accountants of India ('the ICAI') together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Act and the rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our opinion.

Management's and Those Charged with Governance Responsibilities for the Statement

• 1. These Standalone Financial results have been prepared on the basis of the standalone annual financial statements. The Company's Board of Directors is responsible for the preparation and presentation of the Statement that gives a true and fair view of the net profit and other comprehensive income and other financial information of the Company in accordance with the accounting principles generally accepted in India, prescribed under Section 133 of the Act, read with relevant rules issued thereunder and other accounting principles generally accepted in India, and in compliance with Regulation 33 of the Listing Regulations including SEBI Circular. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Statement that gives a true and fair view and is free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of the standalone financial results by the Director of the Company, as aforesaid.
• 1. In preparing the Statement, the Board of Directors is responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern, and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.
• 1. The Board of Directors is also responsible for overseeing the Company's financial reporting process.

Auditor's Responsibilities for the Audit of the Statement

1. Our objectives are to obtain reasonable assurance about whether the Statement as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with Standards on

Auditing, specified under section 143(10) of the Act, will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these standalone financial results.

• 1. As part of an audit in accordance with the Standards on Auditing, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:
• · Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section 143(3) (i) of the Act, we are also responsible for expressing our opinion on whether the Company has in place an adequate internal financial controls system over financial reporting and the operating effectiveness of such controls.
• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the management.
• Conclude on the appropriateness of the management's use of the going concern $\bullet$ basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material Uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.
• Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represents the underlying transactions and events in a manner that achieves fair presentation.

• 1. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
• 1. We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

Other Matter

• 1. The Statement includes the financial results for the half year ended 31 March 2021, being the balancing figures between the audited figures in respect of then full financial year and the published unaudited year-to-date figures up to the half year of the current financial year, which were subject to limited review by us as required under the Listing Regulations.
• 1. The standalone financial results dealt with by this report have been prepared for the express purpose of filing with National Stock Exchange of India and BSE Limited. These results are based on and should be read with the audited standalone financial statements of the company for the year ended March 31, 2021 on which we issued an unmodified audit opinion vide our report dated June 29,2021

FOR ASHUTOSH PANDEY & ASSOCIATES

Place: New Delhi Date: 30/06/2021

RELIABLE DATA SERVICES LIMITED STANDALONE BALANCE SHEET AS AT 31ST MARCH, 2021

Particulars		CIN L72900DL2001PLC110145
		As at	As at
		31st March, 2021	31st March, 2020
L	EQUITY AND LIABILITIES	(Rs. In Lakhs)	(Rs. In Lakhs)
(1)	Shareholders' Funds
	(a) Share Capital
	(b) Reserves & Surplus	1032.00	1032.00
(2)	Non-current Liabilities	1768.59	1881.15
	(a) Long-term borrowings
(3)	Current Liabilities	186.00	58.77
	(a) Short-term borrowings
	(b) Trade Payables	635.67	462.81
	(c) Other current liabilities	506.80 221.13	381.03
	(d) Short-term provisions	164.42	244.92
	TOTAL	4514.61	342.49
Н.	ASSETS		4403.17
(1)	Non-current assets
(a)	Fixed Assets
	(i) Tangible assets	74.67
(b)	Non- current investments	1086.42	70.19
(c)	Deferred tax assets (Net)	12.36	1437.88
(d)	Long-term loans and advances	48.66	14.33
(2)	Current assets		47.55
	(a) Current investments	13.80	19.31
	(b) Inventories	0.00	0.00
	(c) Trade receivables	1,507.85	1221.33
	(d) Cash and cash equivalents	62.82	55.12
	(e) Short-term loans and advances (f) Other current assets	493.73	171.09
	TOTAL	1,214.31	1366.37
	Notes on Account forming integral part of this Pola	4514.61	4403.17

Notes on Account forming integral part of this Balance Sheet.

For & on behalf of the Board

Sanjay Kumar Pathak Managing Director $(00912040)$ Place: New Delhi Date: 30/06/2021

Corporate Office : C-69 & 70, Sector - 2, Near Metro Station Sector - 15, Gautam Budh Nagar, Noida, U.P. - 201301 Ph.: 0120-4089177, 4089100

CIN No. L72900DL2001PLC110145 E-mail : reliable.ho@reliablegroupindia.com Website : www.rdspl.com

Regd. Office: GF - 22, Hans Bhawan, 1, Bahadur Shah Zafar Marg, New Delhi-110002 Ph.: 011-23378813 Fax: 011-23378812

Company : Reliable Data Services limited - Standalone
NSE symbol: RELIABLE				Data Services Ltd.
Result Period : 01-Oct-2020 to 31 March 2021
Result type: Audited
Particulars	For the Half Year ended	For the Half Year ended	For the Half Year ended	For the Year	For the Year
	31.03.2021	30.09.2020	31.03.2020	ended	ended
	(Audited)	(Audited)	(Audited)	31.03.2021	31.03.2020
	(Rs. In Lakhs)	[Rs. In Lakhs]	(Rs. In Lakhs)	(Audited)	(Audited)
				(Rs. in Lakhs)	(Rs. In Lakhs)
Net sales /Income from operations	1686.61	1105.99
Other Income	15.85	0.53	1450.55	2792.60	2897.58
Tota Revenue (I+II)	1702.46	1106.52	5.26	16.38	6.34
Expenses:			1455.81	2808.98	2903.92
Cost of Material Consumed	0.00	0.00
Purchase of stock-in-trade	0.00	0.00	0.00	0.00	0.00
Change in inventories of finished goods, work-in-progess and stock in trade and work in progress			0.00	0.00	0.00 0.00
Employee benefits expenses	0.00	0.00	0.00	0.00
Finance costs	461 26	331.94	434.07	793.20	829.54
Deprediation and amortisation	49.31 2.09	38.26	54.05	87.57	89.81
Other Expenditure	1091.42	12.74	13.35	14.83	25.96
Total Expenditure	1604.08	611.97	732.89	1703.39	1666.39
Profit before exceptional and extraordinary items and tax (III-IV)	98.39	994.90	1234.37	2,598.98	2,611.70
Exceptional items	0.00	111.61	221.44	210.00	292.22
Profit before extraordinary items and tax (III-IV)	98.39	0.00	0.00	0.00	0.00
Extraordinary Items	(10.00)	111.61	221.44	210.00	292.22
Profit before tax	88.39	(10.00)	(10.00)	(10.00)	(10.00)
Tax Expense		101.61	211.44	200.00	282 22
Current Tax	21.81	31.05
Deferred Tax	2.44	(0.471)	44.90	52.86	63.30
Total Tax Expenses	24.25	30.58	(0.53)	1.97	(0.93)
Net Profit Loss for the period from continuing operations	64:14	71.03	44.38	54.83	62.37
Profit/(loss) from Discontinued operations (after tax)			167.07	145.17	219.85
Net Profit / (Loss) for the period	64.14	71.03			×
Minority Interest			167.07	145.17	219.85
Net Profit/Loss for the period	64.14	71.03	167.07		÷.
Details of Equity Share Captial				14.17	219.85
Face Value (in Rs))	10:0	10	10		÷
Paid-up Equity Share Capital (No. of Shares)	10,320,000.00	10,320,000.00	10320000.00	10	10 1
Reserve excluding Revalution Reserves	1,768.59	1,731.48	1881.15	10,320,000.00	10,320,000.00
Basic EPS before Tax Extraordinary Items(in Rs.)	0.95	1.08	2:14	1,768.59	1881.15
Diluted EPS before Tax Extraordinary Items (In Rs.)	0.95	1.08	2.14	2.23	2.83
Basic EPS after Tax Extraordinary Items (In Rs.)	0.62	0.68	1.62	2.23	2.83
Diluted EPS after Tax Extraordinary items (in Rs.)	0.62	0.68	1.62	1.75	2.13
Public Shareholding(number of share)	2,913,600	2,913,600	3014800	1.75	2:13
Public Shareholding (%)	28.23%	28.23%	29.21%	2,913,600	3,014,800
promoter & promoter group Number of share piedged/Encumbered	ū	o	0.00	28.23%	29.21%
promoter & promoter group shares Pledge/Encumbered				Ö.	O
(as a %of total shareholding of promoter and promoter Group) promoter & promoter group shares Pledge/Encumbered	Ŭ.	$\Omega$	0.00	o
(as a %of total share capital of the company)					o
promoter & promoter group Number of share Non -encumbered	ö.	o	0.00	$\Omega$
promoter & promoter group share Non-encumbered	7406400	7406400	7305200	7406400	$\overline{0}$ 7305200
(as a %of total shareholding of promoter and promoter Group)
promoter & promoter group share Non-encumbered	100%	100%	100.00%	100%	100%
(as a % total share capital of the company)	71.77%	70.77%	71.79%
Notes on Account forming integral part of this Profit & Loss Statement				71.77%	70.79%

For and On behalf of

Reliable Data Services Limited

Sanjay Kumar Pathak DIN: 00912040

MANAGING DIRECTOR

Place: - New Delhi Date :- 30/06/2021

Corporate Office : C-69 & 70, Sector - 2, Near Metro Station Sector - 15, Gautam Budh Nagar, Noida, U.P. - 201301 Ph.: 0120-4089177, 4089100

CIN No. L72900DL2001PLC110145 E-mail : reliable.ho@reliablegroupindia.com Website : www.rdspl.com

Regd. Office: GF - 22, Hans Bhawan, 1, Bahadur Shah Zafar Marg, New Delhi-110002 Ph.: 011-23378813 Fax: 011-23378812

Reliable of

RELIABLE DATA SERVICES LTD. STANDALONE CASH FLOW STATEMENT FOR THE YEAR ENDING 31ST MARCH, 2021

Particulars	**** ドリルハイナ やれです FY 2020-21 Amounts		FY 2019-20 Amounts
	(Rs. In Lakhs) (Rs. In Lakhs)
Profit before taxation	200.00	(Rs. In Lakhs) 243.48	(Rs. In Lakhs)
Adjustments for:	×
Depreciation	14.83
Interest income	(1.99)	25.96
Bonus shares issued during the year	E.	(2.46)
Interest Paid	85.69	(172.00)
Net Gain / Loss on sale of Investment	v	87.07
Gratuity Past Services Cost	li al-
	$\sim$
Changes in Working Capital:	×
(Increase) / Decrease in Trade Receivables	(286.52)
(Increase) / Decrease in Other Current Assets	152.06	(324.87)
Increase / (Decrease) in Trade Payables	125.77	(190.59)
Increase / (Decrease) in Short term Provisions	(178.07)	300 59
Increase / (Decrease) in Other Current Liabilities	(23.79)	16.91
Cash generated from operations	87.98	87.56
Income taxes paid/ Adjustment	(310.59)	71.63
Net cash from operating activities	(222.61)	(65.41)
			6.23
Cash flows from investing activities
Sale / (Purchase) of Fixed Assets	(19.31)
Sale / (Purchase) of Long term investment		(9.32)
Sale / (Purchase) of Short term Investment
(Increase) / Decrease in Short term Loan and Advances	(322.63)
(Increase) / Decrease in Non Current Assets		(61.40)
(Increase) / Decrease Non Current Investment	351.46
(Increase) / Decrease Current Investment	5.52	30.02
(Increase) / Decrease in Long term Loan and Advances	(1.11)	4.77
Interest income	1.99	2.59
Net cash used in investing activities	15.91	2.46
			(30.86)
Cash flows from financing activities
Issue of Bonus Share		172.00
Premium on issued capital		$\sim$
Increase / (Decrease) in short-term borrowings	172.87	(32.17)
Increase / (Decrease) in long-term borrowings Dividend Paid	127.23	(16.52)
Dividend Tax Paid	$\sim$	÷.
Interest Paid		÷
	(85.69)	(87.07)
Net cash used in financing activities
	214.41		36.24
Net increase in cash and cash equivalents
	7.71		11.60
Cash and cash equivalents at beginning of period
	55.12		43.51
Cash and cash equivalents at end of period
	62.82		55.12
There were the first contract to

The cash flow statement has been prepared as per indirect method prescribed by Accounting Standard - 3

Signed in terms of our separate report of even date

For & on behalf of the Board

Sanjay Kumar Pathak Managing Director $(00912040)$ Place: New Delhi Date: 30/06/2021

Corporate Office : C-69 & 70, Sector - 2, Near Metro Station Sector - 15, Gautam Budh Nagar, Noida, U.P. - 201301 Ph.: 0120-4089177, 4089100

CIN No. L72900DL2001PLC110145 E-mail : reliable.ho@reliablegroupindia.com Website : www.rdspl.com

Regd. Office: GF - 22, Hans Bhawan, 1, Bahadur Shah Zafar Marg, New Delhi-110002 Ph.: 011-23378813 Fax: 011-23378812

Notes to the Standalone Financial Results for the Year and Half-year ended 31^st March 2021

• 1. The Financial Results have been prepared in accordance with the Generally Accepted Accounting Standards as notified under section 133 of the Companies Act 2013("Act") read thereunder and other accounting principles generally accepted in India as amended from time to time.
• 1. The above Financial Results and Statement of Assets and Liabilities were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on June30^th 2021.
• 1. Reserve & Surplus include an amount of Rs.299.30 lacs being adjustment of losses on sale of investment under the head "Short provision for long term capital loss". It includes an amount of Rs. 242.84 lacs pertaining to previous year 2019-20. It was necessitated by the decision of the Board/Finance committee to change the nature of the investment from long term to short term but erroneously not recognized in previously year financials, hence it has been routed through Reserve & Surplus Account instead of debiting the current year financials.
• 1. The management has assessed the impact of the outbreak of COVID-19 on business operations. And after considering the overall business scenario, management does not consider it appropriate to make further disclosure at this stage.
• 1. The Company does not have separate reportable segments as per the Accounting Standard 17 on "Segment Reporting" notified under companies(Accounting Standard) Rules, 2014.
• 1. Figures of Previous year/ period have been regrouped/recast wherever necessary, in order to make them comparable.

For Reliable Data Services Ltd

Sanjay Kumar Pathak Managing Director Din: 00912040 Date:-30/06/2021 Place:-New Delhi

Corporate Office: C-69 & 70, Sector - 2, Near Metro Station Sector - 15. Gautam Budh Nagar, Noida, U.P. - 201301 Ph.: 0120-4089177, 4089100

CIN No. L72900DL2001PLC110145 E-mail : reliable.ho@reliablegroupindia.com Website: www.rdspl.com

Regd. Office: GF - 22, Hans Bhawan, 1. Bahadur Shah Zafar Marg, New Delhi-110002 Ph.: 011-23378813 Fax: 011-23378812

Ashutosh Pandey & Associates (Chartered Accountants)

C-20, 2^nd Floor, Aruna Park, Laxmi Nagar, Delhi-110092 Phone: +91 1149785611, Email: ashu200047@gmail.com

Independent Auditor's Report on Consolidated Annual Financial Results and half yearly Results of Reliable Data Services Limited Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended)

To the Board of Directors of Reliable Data Services Limited

Opinion

• 1. We have audited the accompanying consolidated annual financial results ('the Statement') of Reliable Data Services Limited ('the Holding Company') and its subsidiaries (the Holding Company and its subsidiaries together referred to as 'the Group'), its associate and joint ventures (refer Annexure 1 for the list of subsidiaries, associate and joint ventures included in the Statement) for the year ended 31 March 2021, which includes the consolidated balance sheet, the consolidated cash flow as at and for the year ended on that date attached herewith, being submitted by the Parent Company pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('Listing Regulations'), including relevant circulars issued by the Securities and Exchange Board of India ('SEBI') from time to time.
• 1. In our opinion and to the best of our information and according to the explanations given to us and based on the consideration of the reports of other auditor on separate audited financial statements of the subsidiaries, associate and joint ventures, as referred to in paragraph 12 below, the Statement:
• ЙZ. includes the annual financial results of the following entities (refer Annexure 1 for the list of subsidiaries, associate and joint ventures included in the Statement);

• is presented in accordance with the requirements of Regulation 33 of the Listing ii. Regulations, read with SEBI Circular CIR/CFD/FAC/62/2016 dated 5 July 2016 (hereinafter referred to as 'the SEBI Circular'); and
• gives a true and fair view in conformity with the applicable Indian Accounting iii. Standards prescribed under Section 133 of the Companies Act, 2013 ('the Act') read with relevant rules issued there under, and other accounting principles generally accepted in India, of the consolidated net profit after tax and other comprehensive income and other financial information of the Group, its associate and joint ventures, for the year ended 31 March 2021

Basis for Opinion

1. We conducted our audit in accordance with the Standards on Auditing ('SAs') specified under section 143(10) of the Act. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Statement section of our report. We are independent of the Group, its associate and joint ventures, in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India ('the ICAI') together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Act, and the rules there under, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us and that obtained by the other auditors in terms of their reports referred to in paragraph 12 of the Other Matter section below, is sufficient and appropriate to provide a basis for our opinion.

Management's and Those Charged with Governance Responsibilities for the Statement

1. The Statement, which is the responsibility of the Holding Company's management and has been approved by the Holding Company's Board of Directors, has been prepared on the basis of the consolidated annual financial statements. The Holding Company's Board of Directors is responsible for the preparation and presentation of the Statement that gives a true and fair view of the consolidated net profit after tax and other comprehensive income, and other financial information of the Group including its associate and joint ventures in accordance with the accounting principles generally accepted in India, prescribed under section 133 of the Act, read with relevant rules issued there under and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations, including SEBI Circular. The Holding

Company's Board of Directors is also responsible for ensuring accuracy of records including financial information considered necessary for the preparation of the Statement. Further, in terms of the provisions of the Act, the respective Board of Directors / management of the companies included in the Group and of its associate and joint ventures, covered under the Act are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act, for safeguarding of the assets of the Group, and its associate and joint ventures, and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively, for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial results, that give a true and fair view and are free from material misstatement, whether due to fraud or error. These financial results have been used for the purpose of preparation of the Statement by the Directors of the Holding Company, as aforesaid.

• 1. In preparing the Consolidated annual financial Statement, the respective Board of Directors of the companies included in the Group and of its associate and joint ventures, are responsible for assessing the ability of the Group and of its associate and joint ventures, to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting, unless the respective Board of Directors management either intends to liquidate the Group or to cease operations, or has no realistic alternative but to do so.
• 1. The respective Board of Directors/ management of the companies included in the Group and of its associate and jointly ventures, are responsible for overseeing the financial reporting process of the companies included in the Group and of its associate and joint ventures.

Auditor's Responsibilities for the Audit of the consolidated annual financial Statement

1. Our objectives are to obtain reasonable assurance about whether the Statement as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with Standards on

Auditing, specified under section 143(10) of the Act, will always detect a material misstatement, when it exists. Misstatements can arise from fraud or error, and are considered material if, individually, or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these standalone financial results.

• 1. As part of an audit in accordance with the Standards on Auditing, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:
• · Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
• · Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under section 143(3) (i) of the Act, we are also responsible for expressing our opinion on whether the Group, its associate and joint ventures (covered under the Act) have adequate internal financial controls system in place and the operating effectiveness of such controls.
• · Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the management.
• · Conclude on the appropriateness of management's use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Group and its associate and joint ventures, to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Group and its associate and joint ventures to cease to continue as a going concern.

• Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represents the underlying transactions and events in a manner that achieves fair presentation.
• Obtain sufficient appropriate audit evidence regarding the financial statements of the entities within the Group, and its associate and joint ventures, to express an opinion on the Statement. We are responsible for the direction, supervision and performance of the audit of financial information of such entities included in the Statement, of which we are the independent auditors. For the other entities included in the Statement, which have been audited by the other auditors, such other auditors remain responsible for the direction, supervision and performance of the audits carried out by them. We remain solely responsible for our audit opinion.
• 1. We communicate with those charged with governance of the Holding Company, regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
• 1. We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
• $11.$ We also performed procedures in accordance with SEBI Circular CIR/CFD/CMD1/44/2019 dated 29 March 2019, issued by the SEB) under Regulation 33 (8) of the Listing Regulations, to the extent applicable.

Other Matter

1. We did not audit the annual financial statements of nine subsidiaries included in the Statement, whose financial information reflects total assets of 695.80 lakh as at 31 March 2021, total revenues of 2469.53 lakhs, total net profit after tax of 25.25 lakhs, for the year ended 31 March 2021, in respect of one associate and two joint ventures, whose annual financial statements have not been audited by us. These annual financial statements have been audited by other auditors whose audit reports have been furnished to us by the management, and our opinion in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, associate and joint ventures is based solely on

the audit reports of such other auditors, and the procedures performed by us as stated in paragraph 11 above.

Our opinion is not modified in respect of this matter.

1. The Statement includes the consolidated financial results for the half yearly ended 31 March 2021, being the balancing figures between the audited consolidated figures in respect of the full financial year and the published unaudited year-to-date consolidated figures up to the half yearly of the current financial year, which were subject to limited review by us.

FOR ASHUTOSH PANDEY & ASSOCIATES (Chartered Accountants) FRN: 021376N

OX.

Nuw Del Ashutosh Kumar Pandey (Partner) M.No. 507900 UDIN 21507900AAAAEE9783

Place: New Delhi Date: 30.06.2021

Annexure 1

List of entities included in the Statement

Subsidiaries:

• ĭ. Kandarp Management Service Private Limited
• ii. Sharp Eagle Investigation Private Limited
• Authentic Developer Private Limited iii.
• Authentic Healthcare Services Private Limited ÍV.
• Ascent Keyboardlabs Technologies Private Limited $V$ .
• Reliable Agri Project Private Limited vi.
• Vibrant Educare Private Limited vii.
• viii. RDS Allied Services Private Limited
• Factoring Management Services (India) Private Limited ix.

Associate

1. Klass Gateway Travel Private Limited

Joint venture:

• Total Outsourcing Solutions $1.$
• Investment in C-70, Sector-2, Noida-201301 $\overline{2}$

÷,

RELIABLE DATA SERVICES LIMITED CONSOLIDATED BALANCE SHEET AS AT 31st MARCH, 2021

	Particulars		(Rs. in Lakhs)
		As at 31st March, 2021	As at 31st March, 2020
L.	EQUITY AND LIABILITIES
(1)	Shareholders' Funds
	(a) Share Capital	1,032.00	1,032.00
	(b) Reserves & Surplus	2.428.50	2,521.52
	Minority Interest	345.51	340.50
(2)	Non-current Liabilities
	(a) Long-term borrowings	622.55	357.79
	(b)Other Long Term Liabilities	57.75	57.65
	(c) Deffered Tax Liablities	21.32	12.47
	(d) Other Non Current Liabilities	469.95	469.95
(3)	Current Liabilities
	(a) short-term borrowings	535.65	420.57
	(b) Trade payables	1,072.31	424.93
	(c) Other current liabilities	705.19	562.84
	(d) Short-term provisions TOTAL	286.83	619.37
Ш.	ASSETS	7,577.56	6,819.59
(1)	Non-current assets
(a)	Fixed Assets
	(i) Tangible assets	770.47
(b)	Non- current investments	455.83	775.80
(c)	Long-term loans and advances	284.01	807.29 540.94
(d)	Other Non Current Assets	63.03	63.03
(2)	Current assets
	(a) Current investments	13.80	19.61
	(b) Inventories	5.07
	(c) Trade receivables	2,628.08	1,312.75
	(d) Cash and cash equivalents	110.34	113.57
	(e) Short-term loans and advances	499.79	598.54
	(f) Other current assets	2,747.16	2,588.07
	TOTAL	7,577.56	6,819.59

Notes on Account forming integral part of this Balance Sheet.

For & on behalf of the Board Reliable Data Service Limited

Sanjay Kumar Pathak

Managing Director $(00912040)$

Place: New Delhi Date: 30/06/2021

Corporate Office: C-69 & 70, Sector - 2, Near Metro Station Sector - 15, Gautam Budh Nagar, Noida, U.P. - 201301 Ph.: 0120-4089177, 4089100

CIN No. L72900DL2001PLC110145 E-mail : reliable.ho@reliablegroupindia.com Website : www.rdspl.com

Regd. Office: GF - 22, Hans Bhawan, 1, Bahadur Shah Zafar Marg, New Delhi-110002 Ph.: 011-23378813 Fax: 011-23378812

Company : Reliable Data Services limited - Consolidated
NSE symbol: RELIABLE
Result Period : 01-Oct-2020 to 31- March 2021
Result type: Audited

Reliable Data Services Ltd.

Particulars

Particulars	For the Half Year ended	For the Half Year ended	For the Half Year ended	For the Year ended	For the Year
	31/03/2021	30.09.2020	31.03.2020		ended
	(Audited)	(Audited)	(Audited)	31.03.2021 (Audited)	31.03.2020
Net sales /income from operations	(Rs. In Lakhs)	(Rs. In Lakhs)	(Rs. In Lakhs)		(Audited)
Other Income	2635.52	1804.37	2264.45	(Rs. In Lakhs) 4439.89	(Rs. In Lakhs)
Tota Revenue (I+II)	27.34	9.42	18.06		4594.33
Expenses:	2662.86	1813.79	2282.52	36.76	36.11
Cost of Material Consumed				4476.65	4630.45
Purchase of stock-in-trade	0.00	0.00	0.00
	5.07	0.00	0.00	0.00 5.07	0.00
Change in inventories of finished goods, work-in-progess and stock in trade and work in progress					0.00
Employee benefits expenses	(5.07)	0.00	0.00	(5.07)	0.00
Finance costs	663.06	537.76	657.66	1200.82	1344.47
Depreciation and amortisation	84.20	66.17	81.52	150.37	145.10
Other Expenditure	14.64	24.99	34.75	39.62	66.77
Total Expenditure	1668.98 2430.87	1163.97	1042.25	2,833	2512.89
Profit before exceptional and extraordinary items and tax (III-IV)	231.99	1,792.90	1,816.17	4,223.77	4,069.23
Exceptional items	0.00	20.89	466.34	252.88	561.22
Profit before extraordinary items and tax (III-IV)	231.99	0.00	0.00	0.00	0.00.
Extraordinary Items	(10.00)	20.89	466.34	252.88	561.22
Profit before tax	221.99	(10.00)	(10.00)	(10.00)	(10.00)
Tax Expense		10.89	456.34	242.88	551.22
Current Tax	28.88	34.73
Deferred Tax	6.84		114.13	63.61	133.76
Total Tax Expenses	35.72	2.01	1.42	8.86	4.05
Net Profit Loss for the period from continuing operations	186.27	36.74 [25.85]	115.55	72.47	137.81
Profit/(loss) from Discontinued operations (after tax)	0.00	0.00	340.80	170.42	413.41
Net Profit / (Loss) for the period	186.27	(25.85)	0.00	0.00	0.00
Minority interest	6.65	(1.86)	340.80	170.42	413.41
Net Profit/Loss for the period	179.62	(23.99)	42.67 298.13	4.79	48.59
Details of Equity Share Captial				165.63	364.82
Face Value (in Rs))	10	10	10
Paid-up Equity Share Capital (No. of Shares)	10,320,000.00	10,320,000.00	10,320,000.00	10	10
Reserve excluding Revalution Reserves	2,428.50	2,293.86	2,521.52	10,320,000.00 2,428.50	10,320,000.00
Basic EPS before Tax Extraordinary Items(in Rs.)	2.25	0.20	4.51	2.45	2.521.52
Diuted EPS before Tax Extraordinary Items (In Rs.) Basic EPS after Tax Extraordinary Items (In Rs.)	2.25	0.20	4.51	2.45	5.44 5.44
Diluted EPS after Tax Extraordinary Items (In Rs.)	1.80	(0.25)	3.30	1.65
Public Shareholding(number of share)	1.80	(0.25)	3.30	1.65	4.01 4.01
Public Shareholding (%)	2,913,600	2,913,600	3,014,800	2,913,600	3,014,800
promoter & promoter group Number of share pledged/Encumbered	28.23%	28.23%	29.21%	28.23%	29.21%
promoter & promoter group shares Pledge/Encumbered	Ú	O	ō	$\alpha$	0
(as a %of total shareholding of promoter and promoter Group) promoter & promoter group shares Pledge/Encumbered	0	o	o	o	Ü.
(as a %of total share capital of the company)
promoter & promoter group Number of share Non -encumbered	O	o	Ö.	a.
promoter & promoter group share Non-encumbered	7406400	7406400	7305200	7406400	7305200
(as a %of total shareholding of promoter and promoter Group)	100%	100%	100%	100%
promoter & promoter group share Non-encumbered (as a % total share capital of the company) Notes on Account forming integral part of this Profit & Loss Statement.	71.77%	71,77%	70.79%	71.77%	100% 70.79%

For and On behalf of Reliable Data Services Limited

Sarljay Kumai

Pathak DIN: 00912040 MANAGING DIRECTOR

Place: - New Delhi Date: - 30/06/2021

Corporate Office : C-69 & 70, Sector - 2, Near Metro Station Sector - 15, Gautam Budh Nagar, Noida, U.P. - 201301 Ph.: 0120-4089177, 4089100

CIN No. L72900DL2001PLC110145 E-mail : reliable.ho@reliablegroupindia.com Website : www.rdspl.com

Regd. Office : GF - 22, Hans Bhawan, 1, Bahadur Shah Zafar Marg, New Delhi-110002 Ph.: 011-23378813 Fax: 011-23378812

AUDITED CONSOLIDATED CASH FLOW STATE REAL SERVICES LTD. FOR THE YEAR ENDING 31ST MARCH 2021

Reliable

	31st MARCH 2021		31st MARCH 2020
Particulars	Rs. In Lakhs		Rs. In Lakhs
Cash flows from operating activities
Profit before taxation & Extra Ordniary Items	252.88
Adjustments for:			561.22
Depreciation	39.62
Interest income.	(36.76)		66.77
Interast Paid	150.37		(18.51) 145.10
Net Gain / Loss on sale of investment
Changes in Working Capital:
(Increase) / Decrease in Trade Receivables	(1.315.33)
(Increase) / Decrease in Other Current Assets	(159.09)		48.25
Increase / (Decrease) in Trade Payables	647.38		(384.12)
Increase / (Decrease) in Short term Provisions	(332.55)		349.43
Increase / (Decrease) in Other Current Liabilities	fd2 35		11.73
(Increase) / Decrease in Short term Loan and Advances	98.75		(377.74) (303.49)
(Increase) / Decrease in Long term Loan and Advances	256.93		(467.41)
Cash generated from operations			(368.76)
Income taxes paid/ Adjustment	(77.02)		(186.57)
Net cash from operating activities		(332.46)		(555.33)
Cash flows from investing activities Sale / (Purchase) of Fixed Assets
Sale / (Purchase) of Long term investment	(34.29)		18.31
(Increase) / Decrease in Non Current Assets
(Increase) / Decrease Non Current Investment			(3.49)
(Increase) / Decrease Current Investment	351.46		(6.51)
Other Non Long -term Liabilities	5.81		71.74
Interest income			469.95
Extraordinery items	36.76		18.51
Minority Interest	(258.65)		(48.74)
	5.01		50.39
Net cash used in investing activities		106.10		570.17
Cash flows from financing activities
Premium on issued capital
Increase / (Decrease) in short-term borrowings	115.09
Increase in long-term borrowings	264.76		(51.48)
Other Long -term Liabilities	0.10		73.84
Dividend Paid			57.85
Dividend Tax Paid
Interest Paid	(150.37)		(145.10)
Net cash used in financing activities		229.58		(64.88)
Net increase in cash and cash equivalents
		3.23		(50.05)
Cash and cash equivalents at beginning of period		113.57		163.62
Cash and cash equivalents at end of period		110.34
				113.57

The cash flow statement has been prepared as per indirect method prescribed by Accounting Standard - 3

For & on behalf of the Board Sanjay Kumar Pathak Managing Director
'(00912040)

Place: New Delhi Date: 30/06/2021

Corporate Office : C-69 & 70, Sector - 2, Near Metro Station Sector - 15, Gautam Budh Nagar, Noida, U.P. - 201301 Ph.: 0120-4089177, 4089100

CIN No. L72900DL2001PLC110145 E-mail: reliable.ho@reliablegroupindia.com Website : www.rdspl.com

Regd. Office: GF - 22, Hans Bhawan, 1, Bahadur Shah Zafar Marg, New Delhi-110002 Ph.: 011-23378813 Fax: 011-23378812

Notes to the Consolidated Financial Results for the Year and Half-year ended 31^st March 2021

• 1. The Financial Results have been prepared in accordance with the Generally Accepted Accounting Standards as notified under section 133 of the Companies Act 2013("Act") read thereunder and other accounting principles generally accepted in India as amended from time to time.
• 1. The above Financial Results and Statement of Assets and Liabilities were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on June30^th 2021.
• 1. Reserve & Surplus include an amount of Rs.299.30 lacs being adjustment of losses on sale of investment under the head "Short provision for long term capital loss". It includes an amount of Rs. 242.84 lacs pertaining to previous year 2019-20. It was necessitated by the decision of the Board/Finance Committee to change the nature of the investment from long term to short term but erroneously not recognized in previously year financials, hence it has been routed through Reserve & Surplus Account instead of debiting the current year financials.
• 1. The management has assessed the impact of the outbreak of COVID-19 on business operations. And after considering the overall business scenario, management does not consider it appropriate to make further disclosure at this stage.
• 1. The Company does not have separate reportable segments as per the Accounting Standard 17 on "Segment Reporting" notified under companies (Accounting Standard) Rules, 2014.
• 1. Figures of Previous year/ period have been regrouped/recast wherever necessary, in order to make them comparable.

For Reliable Data Services Ltd Sanjay Kumar Patha $\bar{\mathbf{s}}$ Managing Director Din: 00912040 Date:-30/06/2021 Place:-New Delhi

Corporate Office : C-69 & 70, Sector - 2, Near Metro Station Sector - 15. Gautam Budh Nagar, Noida, U.P. - 201301 Ph.: 0120-4089177, 4089100

CIN No. L72900DL2001PLC110145 E-mail : reliable.ho@reliablegroupindia.com Website : www.rdspl.com

Read. Office: GF - 22, Hans Bhawan, 1, Bahadur Shah Zafar Marg. New Delhi-110002 Ph.: 011-23378813 Fax: 011-23378812

To, National Stock Exchange of India Limited, Exchange plaza, Plot No. C/1, G Block, Bandra- Kurla Complex, Bandra (E) Mumbai-400051

30th JUNE, 2021

Subject: Declaration with respect to the Audit Report with unmodified opinion to the Audited Standalone and Consolidated Financial Results for the year ended on 31^st March, 2021

Dear Sir/ Madam.

Pursuant to Regulation 33 (3) (d) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulation, 2015, as amended, We hereby confirm that the Statutory Auditors of the Company M/S Ashutosh Pandey & Associates, Chartered Accountants (Firm Registration No.021376N) have issued the Audit Report with unmodified opinion(s) in respect of Annual Audited Financial Results for the year ended on 31st March, 2021

Thanking You

For and on behalf of Reliable Data Services Ltd Sahjay Kumar Pathak Managing Director	Parbind Kumar Jha Chief Emancial Officer
Corporate Office : C-69 & 70, Sector - 2, Near Metro Station Sector - 15, Gautam Budh Nagar, Noida, U.P. - 201301 Ph.: 0120-4089177, 4089100	CIN No. L72900DL2001PLC110145 E-mail: reliable.ho@reliablegroupindia.com Website: www.rdspl.com	Regd. Office: GF - 22, Hans Bhawan, 1, Bahadur Shah Zafar Marg, New Delhi-110002 Ph.: 011-23378813 Fax: 011-23378812