JAGJANANI TEXTILES LIMITED · 2 days ago · 4) As per information and explanations provided to...

JAGJANANI TEXTILES LIMITED Regd. Office- SCOs 33 and 34, RIICO Shopping Complex, Bagru Ext. I, Jaipur-303007 E-mail: [email protected], compliance @jagjanani.com

Phone- 0141- 4104745 CIN: L17124RJ1997PLC013498

J/BSE/S9 22™ JULY 2020

Bombay Stock Exchange Floor 25, PJ Towers, Dalal Street, Mumbai- 400 001

Dear Sir,

Sub. ~ Submission of Audited Financial Results for the year ended 31° March, 2020. . -Declaration Regarding unqualified Audit Report

We have submitted Audited financial Results, As per Reg. 33 of SEBI (Listing obligation and disclosure requirements) 2015 for the year ended 31° March, 2020 vide our letter no. J/BSE/56 dated 29"" June, 2020,

We hereby declare that Auditors have not qualified the Audit Report and hence there is no Impact on accounts as submitted.

Inconvenience caused is regretted. Please find the same in order and take note . of above.

Thanking you,

agjanani AN Limited

wee Ajay Sharma

(Company Secretary)

Encl.: as above

I

C& AOMITTAL & ASSOCIATES Ph. No. (0141) 2373869 CHARTERED ACCOUNTANTS (0141) 2370130

Independent Auditor’s Report

To the Members of

JAGJANANI TEXTILES LIMITED

CIN: L17124RJ1997PLC013498

Report on the Financial Statements

We have audited the accompanying financial statements of JAGJANANI TEXTILES LIMITED, which comprise of the balance sheet as at 31 March 2020, the statement of profit and loss for the year then ended, Cash Flow Statement for the year ended, and a summary of significant accounting policies and other explanatory information.

In our opinion and to the best of our information and according to the explanations given to us, the aforesaid financial statements give the information required by the Companies Act, 2013 (‘Act’) in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India, of the state of affairs of the Company as at March 31, 2020, its profit or Loss and cash flows for the year ended on that date.

Basis for opinion

We conducted our audit in accordance with the standards on auditing specified under section 143 (10) of the Companies Act, 2013. Our responsibilities under those Standards are further described in the auditor’s responsibilities for the audit of the financial statements 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 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 we have obtained is sufficient and appropriate to provide a basis for our opinion.

Key audit matters

Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the financial statements of the current period. These matters were addressed in the context of our audit of the financial statements as a whole and in forming our opinion thereon and we do not provide a separate opinion on these matters.

Other Information

The Company’s Board of Directors is responsible for the preparation of other information. The other information comprises the information included in the in the Management Discussion and Analysis, Board’s Report including Annexure to Board’s Report, Business Responsibility Report, Corporate Governance and Shareholder’s Information, but does not include the financial statements and our auditor’s report thereon.

Our opinion on the standalone financial statements does not cover the other information and we will not express any form of assurance conclusion thereon.

In connection with our audit of the standalone financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the standalone financial statements or our knowledge obtained during the course of our audit, or otherwise appears to be materially misstated.

HO: S-7, GOVINDAM COMPLEX, SANSAR CHANDRA ROAD, JAIPUR.

BRANCH: J) F-41, SHREE NATH TOWER, VIDHYADHAR NAGAR, JAIPUR

2) NEAR MANDHA CHOURAHA, PRIVATE BUS STAND, KHATUSHYAMJI, SIKAR

CA AO MITTAL & ASSOCIATES Ph. No. (0141) 2373869 CHARTERED ACCOUNTANTS (0141) 2370130

If, based on the work we have performed on the other information obtained prior to the date of this auditor’s report, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard since; the other information comprising the above documents is expected to be issued by the management after the date of our audit report.

Management’s Responsibility for the Financial Statements

The Company’s Board of Directors is responsible for the matters stated in Section 134(5) of the Companies Act, 2013 with respect to the preparation and presentation of these financial statements that give a true and fair view of the financial position, financial performance of the Company in accordance with the accounting principles generally accepted in India, including the Accounting Standards specified under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding 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 financial statements that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, management 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 management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The Board of Directors is responsible for overseeing the Company’s financial reporting process.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are 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 SAs 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 financial statements.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

° Identify and assess the risks of material misstatement of the financial statements, 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 Companies Act, 2013, we are also responsible for expressing our opinion on whether the company has 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




CA AOMITTAL & ASSOCIATES Ph. No. (0141) 2373869

ii.

CHARTERED ACCOUNTANTS (0141) 2370130

estimates and related disclosures made by 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 ‘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 financial statements 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 financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.

Materiality is the magnitude of misstatements in the standalone financial statements that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the financial statements may be influenced. We consider quantitative materiality and qualitative factors in planning the scope of our audit work and 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.

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. From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of the financial statements of the current period and are therefore the key audit matters. We describe these matters in our auditor’s report unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication.

Report on Other Legal and Regulatory Requirements

As required by the. Companies (Auditor’s Report) Order, 2016 (“the Order”), as amended, issued by the Central Government of India in terms of sub-section (11) of section 143 of the Act, we give in the Annexure “A” statement on the matters specified in the paragraph 3 and 4 of the Order, to the extent applicable. As required by Section 143 (3) of the Act, we report that:

(a) | We have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purposes of our audit.

(b) in our opinion proper books of account as required by law have been kept by the Company so far as it appears from our examination of those books;

(c) the balance sheet, the statement of profit and Loss, and Cash Flow Statement dealt with by this Report are in agreement with the books of account;

(d) in our opinion, the aforesaid financial statements comply with the Accounting Standards specified under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014;


BRANCH: 1) F-41, SHREE NATH TOWER, VIDHYADHAR NAGAR, JAIPUR 2) NEAR MANDHA CHOURAHA, PRIVATE BUS STAND, KHATUSHYAMJI, SIKAR

Cx AOMITTAL & ASSOCIATES Ph. No. (0141) 2373869 CHARTERED ACCOUNTANTS (0141) 2370130

(¢) on the basis of the written representations received from the directors as on 31 March 2020 taken on record by the Board of Directors, none of the directors is disqualified as on 31 March 2020 from being appointed as a director in terms of Section 164 (2) of the Act; and

(f) | With respect to the other matters to be included in the Auditor's report in accordance with the requirements of Sec 197(16) of the Act as amended, we report that company has not paid any remuneration to any Director during the year under reference.

(g) with respect to the adequacy of the internal financial control over financial reporting of the company and the operating effectiveness of such controls, refers to our separate report in “ Annexure B” and

(h) — with respect to the other matters to be included in the Auditor’s Report in accordance with Rule 11 of the Companies (Audit and Auditors) Rules, 2014, in our opinion and to the best of our information and according to the explanations given to us:

i. the Company has disclosed the impact of pending litigations on its financial position in its financial statements;

ii, the Company did not have any long-term contracts including derivative contracts hence, the question of any material foreseeable losses does not arise and

iii. During the year no amount has accrued for transfer to Investor Education and Protection Fund.

(i) The Company has provided requisite disclosures in the financial statements, on the basis of information available with the Company. Based on audit procedures and relying on the management representation, we report that the disclosures are in accordance with books of accounts maintained by the Company and as produced to us by the Management.

For AQ MITTAL & ASSOCIATES

Chartered Accountants

CW pimittay ARPIT MITTAL

Partner Membership number: 40441 UDIN: 20404415AAAABJ3696 Jaipur

27/06/2020

HO: S-7, GOVINDAM COMPLEX, SANSAR CHANDRA ROAD, JAIPUR,



CA. A OMITTAL & ASSOCIATES Ph. No. (0141) 2373869 CHARTERED ACCOUNTANTS (0141) 2370130

ANNEXURE - A REFERRED TO IN THE AUDITOR'S REPORT ON THE ACCOUNTS OF JAGJANANI TEXTILES LIMITED FOR THE YEAR ENDING 31" MARCH, 2020 As required by the Companies (Auditor's report) Order, 2016 issued by the Central Government of India in terms of section 143(11)of the Companies Act, 2013, we report that:

1) In respect of fixed assets:

(a) According to information and explanation given to us, fixed asset register of the Company has been properly maintained.

(b) As explained to us, all the fixed assets have been physically verified by the management during the year at reasonable intervals, which in our opinion, is reasonable.

(c) According to information and explanation given to us, title deeds of immovable properties are held in the name of the Company.

2) In respect of its inventories:

(a) As explained to us, company is not having any stock during the year under consideration. (b) In our opinion and according to the information and explanations given to us, the procedures followed by

the management for physical verification of inventory are reasonable and adequate in relation to size of the Company and nature of its business.

(c) According to information and explanation given to us, all discrepancies have been rectified by the Company and accordingly considered in books of accounts.

3) Inrespect of loans:

According to the information and explanations given to us, the Company has not granted any loans, secured and unsecured, to companies, firms and other parties covered in the register maintained under section 189 of Companies Act, 2013.

4) As per information and explanations provided to us, in respect of loans, investments and guarantees, provisions of Section 185 and 186 of the Companies Act, 2013 have been complied with.

5) According to the information and explanations given to us, the Company has not accepted any deposits from the public within the meaning of the directives issued by the Reserve Bank of India and the provisions of section 73 to 76 or any relevant provisions of the Companies Act, 2013 and the rules made there under.

6) Inrespect of cost records: : We have been explained that the maintenance of cost records has not been prescribed by the Central Government under Section 148(1) of the Companies Act,2013 for the period under review for any of the products.

7) Inrespect of statutory dues:

(a) The Company is generally regular in depositing with the appropriate authorities undisputed statutory dues including Provident Fund, Investor Education Protection Fund, Employees' State Insurance, Income Tax, Sales Tax, Value Added Tax, Wealth Tax, Service Tax, Custom Duty, Excise Duty, Cess and other material statutory dues, as recorded in books of accounts, applicable to it but a liability of sales tax dues is pending disposal since 2014.

Further no other undisputed amounts payable in respect thereof were outstanding at the year end for a period more than six months from the date they became payable.

(b) According to the information and explanations given to us, there are no dues of Income Tax, Wealth tax, Sales Tax, Value Added Tax, Service Tax, Custom duty and Excise Duty and Goods and Service Tax which have not been deposited on account of any dispute.

8) Inrespect of repayment of dues:

As per information and explanation given to us, the company has not defaulted in repayment of any amount to a financial institution or bank or debenture holders.

9) In our opinion, and according to the information and explanation given to us, term loans have been applied for the purposes for which they were obtained.

HO: S-7, GOVINDAM COMPLEX, SANSAR CHANDRA ROAD, JAIPUR. BRANCH: I) F-41, SHREE NATH TOWER, VIDHYADHAR NAGAR. JAIPUR

2) NEAR MANDHA CHOURAHA, PRIVATE BUS STAND, KHATUSHYAMIJI, SIKAR

CA AOMITTAL & ASSOCIATES Ph. No. (0141) 2373869 CHARTERED ACCOUNTANTS (0141) 2370130

10) According to the information and explanations provided to us, we have neither come across any instance of material fraud by the Company or on the Company by its officers or employees, noticed or reported during the year, nor have we been informed of any such case by the Management. ,

11) Inrespect of manegerial remuneration:

The company is a limited company and has not paid any amount to its directors. 12) In respect of Nidhi Company:

The Company is not a Nidhi Company. Therefore this clause is not applicable to the Company. 13) Inrespect of related parties:

All transactions with the related parties are in compliance with Section 188 and 177 of Companies Act, 2013 where applicable and the details have been disclosed in the Financial Statements etc. as required by the accounting standards and Companies Act, 2013.

14) Inrespect of preferential allotment / private placement of shares: The company has not made any preferential allotment / private placement of shares or fully or partly convertible debentures during the year under review.

15) Inrespect of Non-cash transactions with directors:

The Company has not entered into any non-cash transactions with directors or persons connected with him. 16) The company is not required to be registered under section 45-IA of the Reserve Bank of India Act, 1934,

For AO MITTAL & ASSOCIATES

Chartered Accountants

Firm’s registration number: 01 ~ ar &A 250

j 4 * —-

ARPIT MITTAL

Partner ON

Membership number: 4044130% UDIN: 20404415AAAABJ3696 Place: Jaipur

Date: 27/06/2020

HO: S-7, GOVINDAM COMPLEX, SANSAR CHANDRA ROAD, JAIPUR. BRANCH: I) F-41, SHREE NATH TOWER, VIDHYADHAR NAGAR, JAIPUR

2) NEAR MANDHA CHOURAHA, PRIVATE BUS STAND, KHATUSHYAMUJI, SIKAR

Cx AOMITTAL & ASSOCIATES Ph. No. (0141) 2373869

CHARTERED ACCOUNTANTS . (0141) 2370130

ANNEXURE - B TO THE INDEPENDENT AUDITOR'S REPORT OF EVEN DATE ON THE

STANDALONE FINANCIAL STATEMENTS OF JAGJANANI TEXTILES LIMITED

Report on the Internal Financial Controls under (i) of Sub Section 3 of Section 143 of the Companies Act, 2013

We have audited the internal financial control over financial reporting of JAGJANANI TEXTILES LIMITED as of 31" March 2020 in conjunction with our audit of the standalone financial statements of the Company for the year ended on that date.

Management Responsibility for internal financial controls

The Company’s management is responsible for establishing & maintaining internal financial controls based on the internal control over financial reporting criteria established by the Company considering the essential components of internal control stated in Guidance Note on Audit of Internal Financial Controls over Financial Reporting issued by the Institute of Chartered Accountants of India (ICAI). These responsibilities include the design, implementation & maintenance of adequate internal financial controls that were operating effectively for ensuring the orderly & efficient conduct of its business, including adherence to company’s policies, the safeguarding of its assets, the prevention & detection of frauds & errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable financial information, as required under the Companies Act, 2013.

Auditor’s Responsibility

Our responsibility is to express an opinion on the Company’s Internal Financial Controls over financial reporting based on our audit. We conducted our audit in accordance with the Guidance Note on Audit of Internal Financial Controls over Financial Reporting and the standards on auditing issued by ICAI & deemed to be prescribed under section 143(10) of the Companies Act, 2013, to the extent applicable to an audit of internal financial controls and, both issued by ICAI. Those standards and Guidance Note require that we comply with ethical requirements and plan and perform the audit to obtain the reasonable assurance about whether adequate internal controls over financial reporting was established and maintained and if such controls operated effectively in all materials respects.

Our audit involves performing procedures to obtain audit evidence about the adequacy if the Internal Financial

Controls system over Financial Reporting & their operating effectiveness. Our audit of Internal Financial Controls over Financial Reporting included obtaining an understanding of Internal Financial Controls over Financial Reporting, assessing the risk that a material weakness exists, and testing and a evaluating the design & operating

effectiveness of internal control based on the assessed risk. The procedure selected depends on the auditor’s

judgment, including the assessment of the risk of material misstatement of the financial statements, whether due to fraud or error.

We believe that the audit evidence we have obtained is sufficient & appropriate to provide a basis for our audit

opinion on the company’s internal financial controls system over financial reporting.

Meaning of Internal Financial Controls over Financial Reporting

A company’s Internal Financial Control over Financial Reporting is a process designed to provide reasonable

assurance regarding the reliability of financial reporting & the preparation of financial statements for external

purposes in accordance with generally accepted accounting principles. A company’s internal financial controls

over financial reporting includes those policies & procedures that (1) pertain to maintenance of records that, in

reasonable details; accurately and fairly reflect the transactions and dispositions of the assets of the company; (2)

provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial

statements in accordance with generally accepted accounting principles, and that receipts & expenditure of the

HO: S-7, GOVINDAM COMPLEX, SANSAR CHANDRA ROAD, JAIPUR. BRANCH: J) F-41, SHREE NATH TOWER, VIDHYADHAR NAGAR, JAIPUR


CX AO MITTAL & ASSOCIATES Ph. No. (0141) 2373869

CHARTERED ACCOUNTANTS (0141) 2370130

company are being only in accordance with authorizations of management & directors of the company; and (3)

provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or

disposition of the company’s assets that could have a material on the financial statements.

Inherent Limitations of Internal Financial over Financial Reporting

Because of the Inherent Limitations of Internal Financial controls over Financial Reporting, including the

possibility of collusion or improper management override of controls, material misstatements due to error or fraud

may occur and not to be detected. Also, projections of any evaluation of the internal financial controls over

financial reporting to future periods are subject to the risk that the internal financial controls over financial

reporting may become inadequate because of changes in condition, or that the degree of compliances with the

policies or procedures may deteriorate.

Opinion

In our opinion, the Company has, in all material respects, an adequate Internal Financial Controls System over

Financial Reporting and such Internal Financial Controls over Financial Reporting were operating effectively as at

31 March 2020, based on the Internal Controls over Financial Reporting criteria established by the Company

considering the essential components of internal control stated in the Guidance Note on Audit of Internal Financial

Controls over Financial Reporting issued by the Institute of Chartered Accountants of India.

Other Matter

Broadly, the Company is having most of the system in place as required for the compliance of Internal Financial

Control on Financial Reporting. However, those systems or controls are having scope of further improvement.

Also, Company has not documented adequately the internal financial controls based on Guidance Note on Audit

of Internal Financial Controls over Financial Reporting issued by the Institute of Chartered Accountants of India.

Based on our audit procedures, we are of the opinion that Company has rectified all material observations of our

audit on internal financial controls over financial reporting to ensure that they do not significantly affect financial

reporting on Internal Financial Control as on Balance Sheet date

For A O MITTAL & ASSOCIATES

Chartered Accountants —

Firm’s registration number: 014640

Ah

tv prot — Is

ARPIT MITTAL

Partner :

Membership number: 404415 .

UDIN: 20404415AAAABJ3696

Place: Jaipur Date: 27/06/2020


BRANCH: 1) F-41, SHREE NATH TOWER, VIDHYADHAR NAGAR, JAIPUR

2) NEAR MANDHA CHOURAHA, PRIVATE BUS STAND, KHA TUSHYAMJI, SIKAR

JAGJANANI TEXTILES LIMITED SCOs Noo gd 8 34 RCO Shopping Complex, Bag Ea +, agru, Jaipueaoaoo?

CIN No L171 24R1997PLC019498 E-mai-complanceg|agiananicom Phone Noo0144-410a745 EXTRACT OF STANDALONE AUBITED FINANCIAL RESULTS

Forthe quarter and Yearended Marsch 31.2020

S.No PARTICULARS _Three months ended | Yearended | Year ended Audited | Unaudited ALG Audited

1) Net Sates(incame from operations 34.03.2020] 31.12.2045] 31.03.2019/31,03,2020 | 31.03.2019 2/Other inceme 2043 917 1447 53133 a 3 | Total tneeene (12) $2043 47 TAT 63194 a 4 Total Expenditure: . : .

8) (increase yidecrease In siock in trade & WLP - . : if I

b) Consumpion of raw. matensts - : -

ic) Purchase of raced goods - . -

diPoweré Fuel - - = - .

0) Employee cos: 63 a8 1O30 508 619 4) Depreciation .

g) Other expenditure 728 144 1773] 4602) 1043 S| interest . = 1276 “4250 6] Profil'Loss from Ordinary activities before tax 512541 Tes. (1872) 54226 (1858)

F|Tax expense - S| Net ProfitliLoss) fron oskinary activiles after 1ax 5iz54 res. (1972) 5i28 (1858) 4) Emaracdinary items (nel of tax expeoses| . 19874

10| Net ProfitiLoss}tor the period £1251 765 (1972) S226 17383 11) Paid-up equay snare captal (Face value of ‘40V-) 156000 “156000 1s8000 186000 158000 12] Reserves exciuding revaluation reserves of previous year

13] Eaming per-share (EPS). Basie & diluted 238 gs (44) 3.28 444 14) Public shareholding

-Number of snares VIFGB9TS) 1178S915| 1iTees1s 1iTBaSt5 TIFSagts -Parcenlage of sharghokting 78.84 7544 7EAA 744 7h44

15] Promoters and Promoter Group Sharehoidirig

2) Pladged/Encumbered ha hil Na fll Nill 6) Mon-encumberead | - Number of Shares 3831065] 3631085] “3631088 assi0as| 3837085!

I Percentage of sharanaiding 24.56 24,85 2456 74.56 24 56]

The above franca results were approved by the Board of Directors uy their ereeiiig held oa Jane 292020,

The ninaber of iniveslor compadnks received during the quarter were oilanil there sere no pirvestir ooayplinnts

pending either at the beginning or at the end of quarterendet Mare 1 200.

FOR JAGIANAN! TEXTILES LIMITED

fhaps tu, anya 5.0 Vas Pie: 26.06 3000 Minune Director

_— 4


E226 BIICO INDUSTRIAL AREA BAGRU EXTN.. BAGRU-303007

CIN MocLI71z4aRige7P Loo1s498 E-mailicompliancediagianani.com

Phone Nooo t4 104745:

fen, 2020

Reconéiliation statement for Nett PrefiiLoss 65 per INDAS Rules, 2015 for ine Quarter ended S181. Ma

IND-AS ffect of transaction

|

1GAAP

before Tax

Tax

Tax

after Tax for the

Income for

Place: Jarpur | Potedtune 29, 2020


SCOs No. 33. 34, RICO Shopping Complex, Bagru Ext. 1, Bagru, Jaipur-303007

CIN No LAF 1tZ4RIT9S7PLCO13438 E-mail:compliance@jagjanani:com Phone Noec0141-4104745

(in 000")

Particulars 3 months ended |YearEnded |G.months ended) Year ended

Bist March 2020/31st Mar,2020/31st Dec 2015 |Stst Mar.2019

Total Income fram Operations (net) 52044 53133 o17 1449

Net Profit/(Loss) fram ordinary activities after tax 1254 51226 765 1448

Net Profit/Loss for the period after tax (after Extraordinary items 51254 51226 : 17850

Equity Share Capital 756000 156000 156000 156000

Earning per share (after extraordinary itams)

fof Rs. 10/- each) (nol annualised)

Basic & Diluted 3.28 see 0.05 4.414

Note’ The above is an extract of the detailed format of Quarterly/Annual Financial Results filed with the Stock Exchange under

Regulation 33 of the SEBI (Listing and Other Disclosure Requirements) Regulations. 2015. The full format of the Quarterty/

Anqual Financial Results are available on the Stock Exchange website, www-bseindia.com

FOR JAGJANANI TEATILES LIMITE!

Wf Managing Director = =|

fagjanani Textiles Timited : CIN: LITRARILSSTFLCOL49s

Stutement of Cash Flows for the vear ended 31 Mareh 2020 (allomoonty ore in bidiaan Reapers OOOO), whless otherwise stated}

For the year ¢ocded For the year ended

JI March 2020 Fl March 2019 Anh Tiw from operal ie activities

Net Profit before Extraorifinary items and tax. 51,226 17850

Adjustments for:

Denreciation art amortisation Unrealized lorie exchange difference : .

Income from Extraondanry items- Capital Gain : C8214 Loss allowance for doubthl debts - . Provision no longer required written back = es Finance costs 7 L2t6 Interest inconbe : , (444) {aser

Nel gaincon fur valuation of mvestinent in mutual funds : Government erat

Loss on repavrecntor loan te holding compar before maturity . 4

Operating profit before working capital changes SQ), 888 (L102)

(Increase)! decrease in iiventories .

(nerease) | decrease in trade receivables . 0 Yinerease)! decrease in loans : - (increase) ‘ decrease-is other assers o 13 {increase \ decrease in other financial asseqs 512 (7)

Increase ( (decrexse) in trade payables (15,124) (Loe

Increase / (decrease) in other luvbilities U1SFST} (3.227) Ineredse: | (decrease Vin provisions . =

Increase! (decrease) in-orhker financial rabilines : -

Changes in working capital (16,309) (6237)

Cash generated: (used) by operations A519 T3S9) Incometaxes { paid) | efumded - ret o o

A. Net cash provided! (weed) by.oneruting activities 24,519 7339)

Be Cash Mow trom investing activities. Purchiseof property, plant and equipment and intangibles assers, . -

Rank deposits matured (ivestment} fneth - h Proceeds from sale of current investnients* 0 S400.

Purchase of curresiisvestneenss -

Interest received 545 ao9

Met cash provided, (used) by trvesting activities Sas. 34,600

C. Cash flow from financing activities

Mon-carent bormow nas avarleel during the \eat o 536 Non-curent borowings tegaid / Write off durine the year «34872 -

Current borrowings avaied ¢ (repaid) chunine the vear= inet . (260635) Finance toss paid {Th L276)

Set eash provided! (sed) by financing activities (34.879) (27.579)

Netincrease in cash and cash equivalents (A+B+C) (14) tay

Cash nel cash eqiciviients at the begining of the year itd Lee

(Cash and cash equivalents atthe end of the year 155 170

Components of Cash and cash equivalents

Cash on hand I a0

Balances with banks on current ageount 1e4 130 155 170

Note: The Starner of Cast Plovs has tenon ptepated my accordance with the ‘ndirect Method? as get eul in the Ind AS-7 an *Statemend of Caeh Flos

Forand on behalf of Jagianan Textiles Limited

SG. Vyaa

anegnee Omer

BIN 049053 10

=

Place: Jacpur.

Dare: 29 June 2020

6/29/2020 Audited FS.htm!

sa

General information about company

Serip code

§32825

NSE Symbol

MSEI Symbol

ISIN*

Name of company ao TEXTILES

TED

Type of company

Class of security Equity

Date of start of financial year 01-04-2019

Date of end of financial year 31-03-2020

Date of board meeting when results were approved 29-06-2020

Date on which prior intimation of the mecting for considering financial results was informed to the 18-06-2020

exchange

Description of presentation currency INR

Level of rounding used in financial results Lakhs

Reporting Quarter Yearly

Nature of report standalone or consolidated Standalone

Whether results are audited or unaudited Audited

Seament Reporting Single segment

Description of single segment TEXTILES

Start date and time of board meeting

29-06-2020 02:00 ‘ite

End date and time of board meeting Declaration of unmodified opinion or statement on impact of audit qualification

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29-06-2020 06:40

Declaration of unmodified opinion

6/29/2020

FS Audited.html

Financial Results — Ind-AS

Partieulars 3 months/ 6 months ended Year to date figures for current period

(dd-mm-yyyy) ended (dd-mm-yyyy)

A Date of start of reporting period 01-01-2020 01-04-2019

B Date of end of reporting period 31-03-2020 31-03-2020

€ Whether results are audited or unaudited Audited Audited

D Nature of report standalone or consolidated Standalone Standalone

| Part Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6

| | months ended, in such case zero shall be inserted in the said column.

1 | Income

Revenue from operations 0 0

Other income 520.43 531.33

Total income 520.43 531.33

2 | Expenses

(a) Cost of materials consumed 0 0)

(b) Purchases of stock-in-trade 0 0

te) Changes in inventories of finished goods. work-in- 0 0

progress and stock-in-trade

(d) Employee benefit expense 0.63 3.05

(e) Finance costs 0 S 0.07

(fy Depreciation, depletion and amortisation expense 0 ()

(f) | Other Expenses

1 | Irrecoverable TDS 0 Sta

other expenses 7.29 10,82

Total other expenses 7.29 15,95

Total expenses 7.92 19.07

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(29/2020 FS Audited.html

Financial Results — Ind-AS

3 months/ 6 months Year to date figures for current Particulars

‘ g ended (dd-mm-yyyy) period ended (dd-mm-yyyy)

A Date of start of reporting period 01-01-2020 01-04-2019

B Date of end of reporting period 31-03-2020 31-03-2020)

fs Whether results are audited or unaudited Audited Audited

Dp Nature of report standalone or consolidated Standalone Standalone

Part | Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6

1 | months ended, in such case zero shall be inserted in the said column.

3 ‘Total profit before exceptional items and tax 512.51 512.26

4 | Exceptional items 0 0

5 Total profit before tax $12.51 512.26

7 | Tax expense

8 | Current tax 0 0

9 | Deferred tax 0 0

10 Total tax expenses 0 0

i] Net movement in regulatory deferral account balances related to 0 0

profit or loss and the related deferred tax movement

14 Net Profit Loss for the period from continuing operations 512.51 312,26

15. | Profit (loss) from discontinued operations before tax 512.51 312.26

16 | Tax expense of discontinued operations 0 u 0 |

\7 Net profit (loss) from discontinued operation after tax S125 1 512.26 |

19 Share of profit (loss) of associates and joint ventures accounted for 0 6 |

wi Téa using equity method

Tv Total profit (loss) for period 1025.02 1024.52

alu, 2 Alp UR Other comprehensive income net of taxes () ()

“ yy

. 2

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Financial Results —Ind-AS

Particulars 3 months/ 6 months ended

(dd-mm-yvyyy)

Year to date figures for current period ended (dd-inm-yyyy)

Date of start of reporting period 01-01-2020 01-04-2019

Gi) +S

Date of end of reporting period 31-03-2020 31-03-2020

Oo Whether results are audited or unaudited Audited Audited

Nature of report standalone or consolidated Standalone Standalone

Part Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6

months ended, in such case zero shall be inserted in the said column.

23 Total Comprehensive Income for the period 1025.02 1024.52

24 Total profit or loss, attributable to

Profit or loss, attributable to owners of parent

Total profit or loss, attributable to non-controlling interests

25 Total Comprehensive income for the period attributable to

Comprehensive income for the period attributable to owners of parent

Total comprehensive income for the period attributable to owners of parent non-controlling interests

26 Details of equity share capital

Paid-up equity share capital 1560 1560

Face value of equity share capital 1560 1560

Details of debt securities

Reserves excluding revaluation reserve

Earnings per share

Earnings per equity share for continuing operations

Basic earnings (loss) per share from continuing operations

Diluted earnings (loss) per share from continuing operations

Earnings per equity share for discontinued operations

Basic earnings (loss) per share from discontinued operations

Diluted earnings (loss) per share from discontinued operations

Earnings per equity share

Basic carninys (loss) per share from continuing and

discontinued operations

wo

tw ed

Diluted earnings (loss) per share from continuing and

discontinued operations ()

Debt equity ratio

Debt service coverage ratio

7 ; Interest service coverage ratio Disclosure of notes on financial results

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Statement of Asset and Liabilities

Particulars Current year ended (dd-mm-yyyy)

Date of start of reporting period 01-04-2019

Date of end of reporting period 31-03-2020



Assets

1 | Non-current assets

Property, plant and equipment 0

Capital work-in-progress

Investment property

Goodwill 0

Other intangible assets 0

} Intangible assets under development

Biological assets other than bearer plants

Investments accounted for using equity method

Non-current financial assets

Non-current investments U.39

Trade receivables, non-current

Loans. non-current 5 20.25

Other non-current financial assets

Total non-current financial assets 20.64

Deferred tax assets (net)

Other non-current assets

Total non-current assets 20.64

2 | Current assets

Inventories 0

Current financial asset

Current investments 0) *

Trade receivables, current 0)

Cash and cash equivalents 1,55

Bank balance other than cash and cash equivalents 31 57|

Loans. current 9.57

Other current financial assets

Total current financial assets 62.69

urrent tax assets (net)

ther current assets

Total current assets 62.69 |

i

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at he

6/29/2020

FS Audited.html

Statement of Asset and Liabilities

Particulars Current year ended (dd-mm-yyyy)

Date of start of reporting period Q)1-04-2019

Date of end of reporting period 31-03-2020



3 | Non-current assets classified as held for sale

4 | Regulatory deferral account debit balances and related deferred tax Assets

Total assets 83.33

Equity and liabilities

Equity

Equity attributable to owners of parent

Equity share capital 1560

Other equity - 1928.65

Total equity attributable to owners of parent -368.05

Non controlling interest

Total equity -368.65

Liabilities

Non-current liabilities

Non-current financial liabilities ;

Borrowings, non-current 393.31

Trade payables, non-current 0

Other non-current financial abilities 0

Total non-current financial liabilities 395,31

Provisions, non-current 0

Deterred tax liabilities (net)

Deferred government grants, Non-current

Other non-current liabilities

Total non-current liabilities 395.31

Current liabilities

Current financial liabilities

Borrowings, current 0

Trade payables. current 1.55

Other current financial liabilities 0

Total current financial liabilities 1.55

Other current liabilities 55,12

Provisions. current 0

Current tax liabilities (Net)

Deferred government grants, Current

Total current liabilities 56.67

3 | Liabilities directly associated with assets in disposal group classified as held for sale

Regutatory deferral account credit balances and related deferred tax liability

‘Total liabilities 451.98 Total equity and liabilites 83.3299999999999

C

3 igclosure of notes on assets and liabilities

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Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results

3 months/ 6 month ended (dd- | Year to date figures for current period ended (dd-

mimn-yyyy) mm-yyyy)

Date of start of reporting period 01-01-2020 01-04-2019

Particulars

Date of end of reporting period 31-03-2020 31-03-2020

Whether accounts are audited or unaudited

Nature of report standalone or consolidated Standalone Standalone

-_ Segment Revenue (Income)

(net sale/income from each segment should be disclosed)

Total Segment Revenue

Less: Inter segment revenue

Revenue from operations

2 | Segment Result

Profit (+) / Loss {-) before tax and interest from each segment

‘Total Profit before tax

i. Finance cost

ii. Other Unallocable Expenditure net off

Unallocable income

Profit before tax

od

(Segment Asset - Segment Liabilities)

Segment Asset

Total Segment Asset

Un-allocable Assets

Net Segment Asset

4) Segment Liabilities

Segment Liabilities

Total Segment Liabilities My

Ne Un-allocable Liabilities

R \2 Net Segment Liabilities — Y sclosure of notes on seaments .

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JAGJANANI TEXTILES LIMITED · 2 days ago · 4) As per information and explanations provided to...

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