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Sobhagya Mercantile Ltd. Interim / Quarterly Report 2021

Feb 12, 2021

63927_rns_2021-02-12_9d62a370-c5eb-4716-9d9a-e0cf02880ebf.pdf

Interim / Quarterly Report

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SOBHAYGYA MERCANTILE LIMITED

CIN: L45100MH1983PLC031671

Registered Office - B-61, Floor 6, Plot No. 210, B-Wing, Mittal Tower, Free Press Journal Marg, Nariman Point, Mumbai - 400021, Maharashtra, India Contact Details :- Phone - 022-22882125 email - [email protected] website: www.sobhagyamercantile.com

To, Date: 12 February, 2021

Department of Corporate Service (DCS-CRD), Bombay Stock Exchange Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001.

Subject:- Outcome of Board Meeting Held on 12th February, 2021, under regulation 30 read with 33 (3) (c) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Scrip Code: 512014 (SOBHAGYA MERCHANTILE LTD.)

Dear Sir / Madam,

This is to inform you that the Board of Directors of SOBHAGYA MERCHANTILE LIMITED in their meeting held on 12 February, 2021 at the corporate office situated at 526,1* floor, Bhangdiya House, near GetWell Hospital, Dhantoli, Nagpur, Maharashtra 440012 at 4.00 p.m. and concluded on 5:00 p.m. approved following:

    1. IND-AS compliant Standalone unaudited Financial Result for the quarter ended on 31s December, 2020 pursuant to regulation 33 of Listing Obligation and Disclosure Requirement 2015.
    1. Limited Review Report for Quarter ended 31st December, 2020;

These results being made available on www.sobhagyamercantile.com

This is for the information and records of the Exchange, please take it on record.

Thanking you.

For SOBHAYGYA MERCANTILE LIMITED

ee SHRIKANT BHANGDIYA

MANAGING DIRECTOR (DIN-02628216)

Cx JOSHI & SHAH CHARTERED ACCOUNTANTS

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

To, Board of Directors, Scbhagya Merchantile Limited.

We have reviewed the accompanying statement of unaudited financial results of Sobhagya Merchantile Limited for the quarter and nine months ended on December 31, 2020 ("the statement) being submitted by the Company pursuant to Regulation 33 of SEB} (Listing Obligations and Disclosure Requirements) Regulations, 2015, as aniended (the "Listing Regulations")

The statement which is responsibility of company's management and approved by the Board of Directors, has been prepared in accordance with the recognition and measyrement principles laid down in Indian Accounting Standard 34 " Jnterim Financial Reporting" (Ind AS 34) prescribe under section 133 of the companies Act 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations read with relevant circulars issued by SEBI. Our responsibility is to issue a report on these financial results based on our review.

We conducted cur 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 financial statements are free of material misstatement. A review is iimited primarily to inquiries of company personnei and analytical precedures applied to finaricial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.

Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable Indian Accounting Standards as specified under section 133 of 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 Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with relevant circulars issued by SEBI, including the manner in which it is to be disclosed, or that it contains any material misstatement.

CX JOSHI & SHAH CHARTERED ACCOUNTANTS

The comparative unaudited financial result of the Company for the quarter and nine months ended December 31, 2019 included in the Statement had been reviewed by BVSM & Associates, Chartered Accountants whose report dated February 12, 2020 expressed unmodified conclusion on those unaudjted financial results for the quarter and nine months ended December 31, 2019. That report has been relied upon by us for the purpose of our review of the Statement. Our conclusion is not modified in respect of this matter.

For Joshi & Shah Chartered Accountants Firm Registration No. - 144627W

| | 9 / A" d j ~ M)~ Jaydip Joshi

Partner Membership No. - 170300 UDIN: 21170300AAAABA6040

Place: Mumbai Date: 12" February, 2621

Sobhaygya Mercantile Limited
CIN NO: L45100MH1983PLC031671
B-61,Floor 6, Plot No. 210 B Wing Mittal Tower Free Press Journal Marg,Nariman Point, Mumbai- 400 021.
Tel no:022-22882125, Email Id: [email protected] Website: www.sobhagyamercantile.com
Unaudited Standalone Financial Results for the Quarter & Nine Month ended 31st December 2020
A Particulars Unaudited Unaudited Unaudited] Quarter ended (Rs, In Lacs)
31.12.20 30.9.20 31.12.19 31.12.29 Unaudited Unaudited Nine Month ended
31.4219		 Year ended
Audited
31.3.20
1 Income
Revenue from operations
b Other Operating Income		 1586.58
140.98
1727.56		 462.61
200.42
663.03		 258.00
0.00
258.00		 2466.51
488.83
2955.34		 258.00
0.03
258.03		 580.03
511.18
1091.21
Total Income
2 /Expenses:
a Cost of Material consumed		 0.00 0.00 0.00
0,00		 0.00
688.61		 0,00
0.00		 0.00
0.38
b Purchase of Stock in Trade
c Changed in Inventories of finished goods, WIP & Stock in Trade
d Employee benefits expense		 688.61
1.72
33.56		 0.00
(1.88)
28,03		 (3.78)
27,94		 (0.05)
88.63		 (3.78)
32.20		 (0.18)
73.55
e Finance & Interest cost
f Depreciation and amortization expense
g Other expenses		 4.00
13.41
629.46		 1.32
13.28
352.25		 0.00
6.86
180.21		 7.37
35.64
1319.90		 0.00
6.86
188.79		 2.01
19.12
380.15
Total Expenses
3 Profit / (Loss) from Ordinary activities before exceptional items (1-2)		 1370.76
356.80		 393.00
270,03		 211.23
46.77		 2140.06
815.28		 224.07
33.96		 475.04
616.17
4) Exceptional items
5 Profit / (Loss) from Ordinary activities before tax (3+/-4)		 0.00
356.80		 0.00
270.03		 0.00
46.77		 0.00
815.28		 0.00
33.96		 0.00
616.17
6] Tax expenses
7 Net Profit / (Loss) from Ordinary activities after tax (5+/-6)		 53.96
302.85		 17.40
252.63		 8.83
37.94		 81.74
733.54
4.18		 8.83
25.13
0.46		 26.74
589.43
(1.92)
8] Other comprehensive Income, net of income Tax
9] Total Comprehensive income for the period (7+8)		 2.88
305.73		 0.54
253.16		 0,81
38.75		 737.72 25.59 587.51
10 Paid-up Equity share capital (Face Value of Rs. 10/- each)
11]Reserves excluding Revaluation Reserves as per balance sheet
12 i)/Earnings per equity share (before extraordinary Items)		 24,00
1307.50		 24.00
1002.25		 24.00
7.82		 24.00
1307.50		 24.00
7.82		 24.00
569.76
(a) Basic
(b) Diluted
12 ii) Earnings per equity share (after extraordinary Items)		 127.39
127.39		 105.49
105.49		 16.15
16.15		 307.39
307.39		 10.66
10.66		 244.80
244.80
(a) Basic
(b) Diluted		 127.39
127.39		 105.49
105.49		 16.15
16.15		 307.39
307.39		 10.66
10.66		 244,80
244.80
Particulars Quarter & Nine Months Ended 31st December 2020
B INVESTOR COMPLAINTS
Pending at the beginning of the quarter
Received during the quarter
Disposed of during the quarter		 0
0
0
Remaining unresolved at the end of the quarter
Song haame		 0
For and on behalf of the board of Directors		 \SOBHAYGYA MERCAMSPILE LIMITED Sobhagya Mercantile Limited
MANAG 02SiT RIESE R rikant Bhangdiya
DIN: 02628216		 ¢
Sonal Bhangdiya
Director		 DIN:03416775 § Ls
Director

Sobhaygya Mercantile Limited CIN NO: L45100MH1983PLC031671

B-61,Floor 6, Plot No. 210 B Wing Mittal Tower Free Press Journal Marg,Nariman Point, Mumbai- 400 021. Tel no:022-22882125, Email Id: [email protected] Website:www.sobhagyamercantile.com Unaudited Standalone Financial Results for the Quarter & Nine Month ended 31st December 2020

CIN NO: L45100MH1983PLC031671 Sobhaygya Mercantile Limited
B-61,Floor 6, Plot No. 210 B Wing Mittal Tower Free Press Journal Marg,Nariman Point, Mumbai- 400 021.
Tel no:022-22882125, Email Id: [email protected] Website:www.sobhagyamercantile.com
Unaudited Standalone Financial Results for the Quarter & Nine Month ended 31st December 2020
Particulars		 Quarter ended Nine months ended (Rs. In Lacs)
'Year ended
& 31.12.20 Unaudited Unaudited Unaudited] 30.9.20 31.12.19 31.12.20 Unaudited Unaudited
31.42.19		 Audited
31,3.20
(1) ASSETS
Non-current assets
(a) Property, Plant and Equipment		 173.46 186.87 113.39 173.46 113.39 131.37
(b) Capital work-in-progress
(c) Investment Property		 0.00
0.00		 0,00
0.00		 0.00
0.00		 0.00
0.00		 0.00
0.00		 0.00
0.00
(d) Goodwill
(e) Other Intangible assets		 0.00
0.00		 0.00
0.00		 0.00
0.00
0.00		 0.00
0.00
0.00		 0.00
0.00
0.00		 0.00
0.00
0.00
(f) Intangible assets under evelopment
(g) Biological Assets other than bearer plants
(h) Financial Assets		 0:00
0.00
0.00		 0,00
0.00
0.00		 0.00
0.00		 0.00
0.00		 0.00
0.00		 0.00
0.00
(i) Investments
(ii) Trade receivables		 1221.13
0.00		 1068.29
0.00		 185.88
0.00		 4221.13
0,00		 185.88
0.00		 960.66
0.00
(iii) Loans
(iv) Others (to be specified)		 36.10
0.00		 23.73
0.00		 36.73
0.00		 36.10
0.00		 36.73
0.00		 23.83
0,00
(i) Deferred tax assets (net)
(j) Other non-current assets
(2) Current assets		 0.00
0.00
0.00		 0.00
0.00		 0.00
0.00		 0.00
0.00
0.00		 0.00
0.00		 0.00
0.00
(a) Inventories
(b) Financial Assets		 0.23 1.96 3.78 0.23
0.00		 3.78 0.18
(i) Investments
(i) Trade receivables		 0.00
1060.60		 0.00
511.19		 0.00
264.01		 0.00
1060.60		 0.00
264,01		 0.00
311.57
(iii) Cash and cash equivalents
(iv) Bank balances other than (iii) above
(v) Loans		 17.01
0.00
0.00		 8.71
0.00
0.00		 0.83
0.25
0.00		 17.01
0.00
0.00		 0.83
0.25
0.00		 5.67
0.00
0.00
(vi) Others (to be specified)
(c) Current Tax Assets (Net)		 104.12
0.62		 45.80
0.62		 0.00
0.00		 404,12
0.62		 0.00
0.00		 0.00
0.62
(d) Other current assets
Total Assets
EQUITY AND LIABILITIES		 146.23
2759.51		 70.79
1887.96 621.49		 16.62 146.23
2759.51		 16.62
621.49		 43.18
1477.09
Equity
(a) Equity Share capital		 24,00 24,00 24.00 24.00 24.00 24,00
(b) Other Equity
LIABILITIES		 1307.50 {002,25 7.82 1307.50 7.82 569.76
Non-current liabilities
(a) Financial Liabilities
(i) Borrowings
(ii) Trade payables
(iii) Other financial liabilities (other than those specified in item (b), to be		 18.47
0,00		 20.83
0.00		 257.88
0.00		 18.47
0.00		 257.88
0.00		 25,55
0.00
specified)
(b) Provisions		 0.00
0.00		 0.00
0.00		 0.00
0.00		 0.00
0.00		 0.00
0.00		 0.00
0.00
(c) Deferred tax liabilities (Net)
(d) Other non-current liabilities		 0.48
0.00		 0.48
0.00		 0.49
0.00		 0.48
0.00		 0.49
0.00		 0.48
0.00
Current liabilities
(a) Financial Liabilities
(i) Borrowings		 151.90 162.59 0.00 0,00
0.00
151.90		 0.00 \$12.30
(ii) Trade payables
(iii) Other financial liabilities (other than those specified in item (c)		 1131.83
0.00		 602.53
0.00		 294.56
9.67		 1131.83
0.00		 294.56
9.67		 272.16
0.00
(b) Other current liabilities
(c) Provisions		 16.96
108.39		 18.78
56.51		 15.91
11.16		 16.96
108.39		 15.91
11.16		 38.01
34,83
(d) Current Tax Liabilities (Net)
Total Equity and Liabilities		 9.00
2759.51		 0.00
1887.96		 0,00
621.49		 0.00
2759.51		 0.00
621.49		 0.00
1477.09
0.0 0.0 0.0 0.0
For and on behalf of the board of Directors		 0.0 0.0
'SSOBHAYGYA MERCAN LIMITED Sobhagya Me rcaniile
Limited
Place 'Nagpur
Date : 12/02/2021		 i
hrikant Bhangdi
MANAMOREDIGOOR		 Sonal Bhangdiya
Director		 Director

'SSOBHAYGYA MERCAN LIMITED Sobhagya Me rcaniile Limited

Date : 12/02/2021 i hrikant Bhangdi Sonal Bhangdiya MANAMOREDIGOOR Director _ DIN: 02628216 DIN:03416775 Director

B-61,Floor 6, Plot No. 210 B Wing Mittal Tower Free Press Joumal Marg,Nariman Point, Mumbai- 400 021. cl 41
Hi		 [1983PLC03
Tel no:022-22882125, Email Id: sobhagyamercantile3 @gmail.com Website:www.sobhagyamercantile.com
PARTICULARS		 GASH FLOW STATEMENT FOR THE PERIOD ENDED 34,12,2020
For the Quarter (Rs.in Lakh)
Ended December31,2020
Ended
September 20,2020 December 31, 2020		 Ended For Nine Month Ended
31,2019 March 34,2020		 Forthe Year
Ended
A. CASH FLOW FROM OPERATING ACTIVITIES :
Net Profit/(Loss) before Tax as per Profit and Loss Account 356.80 270,03 815.76 33.96 616.17.
Adjusted for: Other comper income
Tax Experses
Depreciation		 2.68
13.44		 0.54
13.28		 449
b
35.61		 (0.03)
6.86		 0.03
=
19.12,
'Share of profit from Investment in Firm
Operating Profit Before Working Capital Changes		 440.98 (130.45)]
226.35		 200.42 (187.69)
82.34		 485.83 (457.41)
358.35,		 - 40.79 6.84 511.16] (482.06)
124.14
Adjusted for: Inventories
Trade Receivable		 1.72
(549.41		 (1.89)
(24.83)		 (0.05)
(749.03)		 (3.78)
(264.01)		 (0,18)
(311.57)
Other Current Asset
Current Tax Assets
Trade Payable		 (163.77)
=
529.29		 (24.55))
=
180.73		 (207.18)
:
859.67		 (15.81) (43.18)
0.19
272.16
Other Current Liability
Short Term Provision
Current Tax Liability		 (1.83)
51,88		 (4.94)
19.30		 (21.06)}
73,56
-		 311.87 37.72
3524
less: Provision for tax
Cash from Operating Activites		 53.96 (186.05)
40.30		 17.40 56.42
178,76		 81.73 (125.82)
232.52		 8.83 19.14
59.93		 26.74 (36.36)
87.75
B, CASH FLOW FROM INVESTING ACTIVITIES :
Purchase af Fixed Assets & Capital WIP		 - (75.76) (77.69) (120.25) (124.95)
Investment in Capital firm
Increase in value of share
Dividend Recived		 (8.98)
2.88		 172.54
-		 233.85
2.86
:		 (180.12)
9.03		 (446.10)
-
Movement in Loans & Adwances
Net Cash used in Investing Activities		 (12.37) (18.47) 0.15 96.93 (12.27) 146.77 (17.02) (317,36) (4,12) (575.1
C. CASH FLOW FROM FINANCING ACTIVITIES :
Proceeds! (Repayment) of ShortTerm Borrowing		 (10.69) (269.55) (360.49) 257.88 492.44
Proceed from Shares
Long term Borrowing
Net Cash used in Financing Activities		 (2.36) (13.05) ie
(2.36)		 (271.92 -
wou		 (367.48) 257.88 0.03 492.46
Net increase/(Decrease) in Cash and Cash Equivalents : 8.78 77 11.81 O45 5.05
Opening Balance of Cash & Cash Equivalents
Closing Balance of Cash & Cash Equivalents
Components of Clsing Cash & Cash Equivalent
Bank Balances		 3.61 671
17.49		 2.419 494
8.71		 3.61 5.57
17.49		 0.83 0.63
1.08		 3.24 0.63
5.67
Cash-on-Hand 13.40
17.01		 652
871		 13.40
47.04		 0.25
1,08		 2.44
5.67
Shrikant Bhangdiya or and on behalf of the board
of Directors
GSOBHAYGYA MERCAATILE LIMITED Sobhagya Mer¢antile
Sonal ae		 Li
i
it
rm
Lime		 d
— MANAGING DIRE ASING * Managing Director
DIRECTOR
5		 Director
DIN:03416775		 Director

Director

B-51,Floor 6, Plot No, 210 8 Wing Mittal Tower Free Press Journal Marg,Nariman Paint, Mumbai- 400 021. CIN NO: L45100MH1983PLC031671 Sobhaygya Mercantile Limited
Tel no:022-22882125, Email Id: sobhagyamercantile9 @gmail.com Website:www.sobhagyamercantile.com Segment Information for the period ended on 31st December 2020
Quarter ended on Quarter ended on Nine Month ended on (Rs.In Lakh)
Year ended on
Sr-no
1/Seqment		 Particulate
Value of Sales and Services
Engineering Consultancy Segment
Metal Sale (Stone Crusher) Segment
Gross Value of Sales & services		 34.12.2020
-
1,586.56
1,586.58		 30.09.2020
79.50
383.11
462.61		 34.42.2020
307.42
2,169.09
2,466.51		 31.3.2020
425.19
161.84
560.03
Less: Inter Segment Transfer value of Sales and
Services
Less: GST Recovered		 -
-
Revenue from operations
2/Seqment Results (EBDITA)
Engineering Consultancy Segment		 1,586.58
49.56		 462.61
21.47		 2,466.51
1.48		 580.03.
86.49
Metal Sale (Stone Crusher) Segment
Segmei
pre:
re Interest,
Total
ton,
o		 301.29 66.61
=,		 393.92 52,95
Tax and Amortization
3/Seqment Results (EBIT)		 251.73 88.07 395.40 139,44
Engineering Consultancy Segment
Metal Sale (Stone Crusher) Segment		 49.56
287.88		 21.47
53.33		 1.48
358.31		 86,49
33.83
Total Segment Profit before Interest and Tax
(i) Finance cost		 238.32
-4.00		 74.80
1.32		 359,79
-7.37		 120.32
-2.01
(ii) Other Income
(iii) Other Unallocable Expenses
Profit Before Tax		 140.98
-18.50
356.80		 200.42
-3.87
270.03		 488.83
-25.97
815.27		 \$11.18
-13.32
616,17
(i) Current Tax
(ii) Deferred Tax		 53.96
-		 17.40
-		 81.73
-		 = 26.26
0.48
Profit After Tax
4 /Seqment Asset		 302.84 252.63 733.54 589.43
Engineering Consultancy Segment
Matal Sale (Stone Crusher) Segment		 105.67
4,128.62		 219.83
480.19		 105,67
1,128.62		 297.06
195,45
Unallocable Assets
Total Segment Asset		 1,450.20
2,684.49		 1,170.28
4,870.30		 1,450.20
2,684.49		 984.58
1,477.09
5/Seqment Lalbilities
Engineering Consultancy Segment		 58.34 295,28 58.34 161.86
Metal Sale (Stone Crusher) Segment
Unallocable Liabilities		 1,073.48
2214.17		 328.07
203.84		 4,073.48
221.17		 181.94
539,53
Total Segment Laibilities
HSOBHAYGYA MERCAK
f		 4,352.99
Forand		 827.20 1,352.99
F LIMITED SObhagya Mercantile Limited		 883.33

Place : Nagpur Date : 12/02/2021

Mana ing Director Director ANAS Honk: AEETOR DIN:03416775 Director

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