Thacker & Co. Ltd. — Interim / Quarterly Report 2023

Feb 7, 2023

7th February, 2023

The Manager, Corporate Relationship Department, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001.

Ref: Scrip Code- 509945

Dear Sir/Ma'am,

Sub: Outcome of Board Meeting

Please be informed that at the Board Meeting held today, our Board of Directors have taken on record the Statement of Standalone and Consolidated Un-audited Financial Results of the Company for the Quarter and Nine Months ended on 31St December, 2022.

A copy of the said Financial Results together with the Limited Review Report, for the Quarter and Nine Months ended on 31st December, 2022, is attached for your information and records.

The meeting commenced at 03:30 p.m. and concluded at 04:00 p.m.

Kindly take the aforesaid on your records.

Thanking you,

Regd. Off,: Bhogilal Hargovindas Building, Mezzanine Fl.18/20,K.Dubhash Marg, Mumbai-400001, India Corporate Office: Jatia Chambers, 60 Dr. V.B.Gandhi Marg, Mumbai-400001, India Tel: 91-22-43553333, Web-Site: www.thacker.co.in , E-mail: thacker©thacker.co.in CIN No. : L21098MH1878PLC000033 GST No. : 27AAACT3200A1Z7

THACKER ANDCOMPANYLIMITED Fujisan

CiN: L21098MH1878PLC000033 Regd. Office : Bhogiial Hargovindas Building, Mezzanine Floor, 18120, K. Dubash Marg, Mumbai 400 001 Tel. No.: 91-22-43553333 E-Mail: thacker@thacker.co.in Webslte: www.thacker.co.in

Statement of Standalone and Consolidated Unaudited Financial Results for the Quarter and Nine Months ended 31st Dec. 2022

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Segment Reporting for the Consolidated Unaudited Financial Results for Quarter and Nine Months ended 31st Dec, 2022
(Rs. in lakhs, unless otherwise stated)
	Standalone						Consolidated
Particulars	Quarter Ended			Nine Months Ended		Year ended	Quarter Ended			Nine Months Ended		Year ended
	31.12.2022	30.09.2022	31.12.2021	31.12.2022	31.12.2021	31.03.2022	31.12.2022	30.09.2022	31.12.2021	31.12.2022	31.12.2021	31.03.2022
Segment Revenue	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Audited)	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Audited)
a. Investment & Finance								87.18	6.61	106.49	61.03	133.70
b. Business Centre	12.03	87.18	6.61	106.49	61.03	133.70	12.03		89.41	274.75	281.80	371.37
c. Trading Business	87.12	86.89	89.41	274.75	281.80	371.37	87.12	86.89
-Scanners & related Products							8.86	77.18	78.96	141.23	211.28	349.01
-Others		$\overline{\phantom{a}}$	$\blacksquare$		$\overline{\phantom{a}}$
d. Other Unallocables		$\sim$		0.01	1.39	1.38				0.01	1.39	1.38
Net Sales/Revenue from Operation	99.15	174.07	96.02	381.25	344.22	506.45	108.01	251.25	174.98	522.48	555.50	855.46
2 Segment Results
Profit before Interest & Tax
a. Investment & Finance	8.12	83.36	2.78	95.09	49.92	118.67	8.12	83.36	2.78	95.09	49.92	118.67
b. Business Centre	44.66	44.22	42.82	147.40	142.37	186.45	44.66	44.22	42.82	147.40	142.37	186.45
c. Trading Business
-Scanners & related Products							3.67	61.79	14.88	69.79	44.35	63.75
-Others	(0.75)					(2.21)	(0.75)	(0.69)	(0.57)	(2.05)	(1.61)	(2.21)
d.Add/Less: Other Unallocables	(2.73)	(0.69) (3.44)	(0.57) (2.96)	(2.05) (8.34)	(1.61) (7.63)	(10.76)	(2.73)	(3.44)	(2.96)	(8.34)	(7.63)	(10.76)
Total Segment Result	49.30	123.45	42.07	232.10	183.05	292.15	52.97	185.24	56.95	301.89	227.40	355.90
Less : e) Interest / finance cost	0.01	0.06	0.02	0.12	0.17	0.22	0.02	0.11	0.18	0.27	0.86	1.07
Total Profit/ (Loss) Before Tax	49.29	123.39	42.05	231.98	182.88	291.93	52.95	185.13	56.77	301.62	226.54	354.83
Capital Employed
(Segment Assets-Segment Liabilities)
a. Investment & Finance	1,815.08	1,783.70	1,498.18	1,815.08	1,498.18	1,457.25	9,364.60	9.029.08	7,990.15	9,364.60	7,990.15	8,082.17
b. Business Centre	1,567.29	1,600.17	1,721.79	1,567.29	1,721.79	1,776.35	1,567.29	1,600.17	1,721.79	1,567.29	1,721.79	1,776.35
c. Trading Business
-Scanners & related Products		$\overline{\phantom{0}}$	$\overline{\phantom{a}}$			$\sim$	266.21	264.63	199.71	266.21	199.71	213.99
-Others	7.48	7.48	7.48	7.48	7.48	26.24	7.48	7.48	7.48	7.48	7.48	26.24
d. Unallocated	(7.21)	(15.20)	(10.27)	(7.21)	(10.27)	(11.06)	(7.21)	(15.20)	(10.27)	(7.21)	(10.27)	(11.06)
Total Capital Employed	3,382.64	3,376.15	3,217.18	3,382.64	3,217.18	3,248.78	11,198.37	10,886.16	9,908.86	11,198.37	9,908.86	10,087.69

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P R AGARWAL & AWASTHI

CHARTERED ACCOUNTANTS

REGD. OFFICE 42, GOPAL BHAVAN, 199, PRINCESS STREET, MUMBAI 400 002. PHONE: 220 93908 FAX 022-220 89133 • E-mail : info@pawanca.com URL: www.pawanca.com

Independent Auditor's Limited Review Report on the Unaudited Standalone Financial Results of the Thacker and Company Limited for the Quarter and Nine Months ended 31st December, 2022 and year to date results for the period from OPt April, 2022 to 31st December, 2022 Pursuant to the Regulations 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

Review Report to The Board of Directors Thacker and Company Limited

• 1. We have reviewed the accompanying statement of Unaudited Standalone financial results of Thacker and Company Limited (the "Company"), for the Quarter and Nine Months ended 31st December, 2022 & year to date results for the period from 01st April, 2022 to 31st December, 2022 ("the Statement"), attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, as amended (the Listing Regulations").
• 1. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" (Ind AS 34"), prescribed under section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to issue a report on the Standalone financial statements 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 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 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 of unaudited financial results prepared in accordance with applicable accounting standards and other recognized 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 including the manner in which it is to be disclosed or that it contains any material misstatement.

For and on behalf of

For P. R. Agarwal & Awasthi Chartered Accountants Firn{gistration No. 11 7940W

QSø-) lOg-CA Paw an KR. Aga

(Partner) Membership No. 34147

Place: Murnbai

Date: 07-02-2023 UDIN: 23034147BGXHZZ2473

P R AGARWAL & AWASTHI

CHARTERED ACCOUNTANTS

REGD. OFFICE : 42, GOPAL BHAVAN, 199, PRINCESS STREET MUMBAI - 400 002 PHONE: 220 93908. FAX 022-220 89133• E-mail info@pawanca.com URL: wwwpawanca.com

Independent Auditor's Review Report on the Unaudited Consolidated Financial Results of the Thacker and Company Limited for the Quarter and Nine Months ended 31st December, 2022 and Year to date results for the period from 01st April, 2022 to 31st December, 2022 Pursuant to the Regulations 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

Review Report to The Board of Directors Thacker and Company Limited

• 1. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of Thacker and Company Limited ("the Company") and its subsidiaries (the Company and its subsidiaries together referred to as "the Group"), for the quarter and nine months ended 31st December, 2022 and Year to date results for the period from 01st April, 2022 to 31st December, 2022 ("the Statement"), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
• 1. This Statement, which is the responsibility of the Holding Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard ³⁴dlJjjj Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. 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. 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 Statidards 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.

We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable.

1. The Statement includes the Result of Following Entities:

Sr. No.	Name of the Entity	Relationship
1.	Fujisan Technologies Limited	Wholly Owned Subsidiary Company
2.	AMJ Land Holding Limited	Associate Company
3.	Pudumjee Paper Products Limited Associate Company

• 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 the 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 the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, 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 results of two associate companies included in the Statement Details of which are as under:

One Associate company included in the statement whose result reflect revenue of Rs. 2,548.20 lakhs, net profit after tax of Rs. 542.79 lakhs, and total comprehensive income of Rs. 1,348.14 lakhs for the quarter and Nine Months ended 315t December, 2022 as considered in the Statement. These interim financial results have been reviewed by the other auditors whose reports have been furnished to us by the Management, and our conclusion in so far as it relates to the amounts and disclosures included in respect of these associate company, is based solely on the reports of such other auditors and the procedures performed by us as stated in paragraph 3 above.

Further, another Associate company included in the statement whose result reflect revenue of Rs. 58,248 laths, net profit after tax of Rs. 4,865 laths, and total comprehensive income of Rs. 4,776 lakhs for the quarter and Nine months ended 31st December, 2022 as considered in the Statement. These interim financial results have been reviewed by the other auditors whose reports have been furnished to us by the Management, and our conclusion in so far as it relates to the amounts and disclosures included in respect of these associate company, is based solely on the reports of such other auditors and the procedures performed by us as stated in paragraph 3 above.

Our conclusion on the Statement is not modified in respect of the above matters.

Our opinion on the Statement is not modified in respect of the above matters with respect to our reliance on the work done by other auditors and the Financial Results certified by the Management.

For and on behalf of

For P. R. Agarwal & Awasthi Chartered Accountants Firn4egistration No. 117940W

kg-"I' i -

CA Pawan KR. Ag (Partner) Membership No. 34147

Place: Mumbai

Date: 07-02-2023 UDIN: 23034147BGX1AA7948