BATHIYA ‘& ASSOCIATES LLP CHARTERED ACCOUNTANTS Independent Auditors’ Report To The Board of Directors Fortune Financial Services (India) Limited. We have audited the accompanying standalone financial results (the ‘Statement’) of Fortune Financial Services (India) Limited (the “Company’) for the Year ended March 31, 2016 being submitted by the Company pursuant to the requirement of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 which has been initialed by us for identification purpose. This Statement which is the responsibility of the Company’s Management and has been approved by the Board of Directors, has been prepared on the basis of the related financial statements which are in accordance with the Accounting Standards prescribed under Section 133 of the Companies Act, 2013, as applicable and other accounting principles generally accepted in India. Our responsibility is to express an opinion on the Statement. We have conducted our audit in accordance with the Standards on Auditing issued by the Institute of Chartered Accountants of India, Those standards require that we comply with the ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement(s) ‘An audit involves performing procedures to obtain audit evidence about the amounts and the disclosures in the Statement. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the Statement, whether due to fraud or error. In making those risk assessments, the auditor considers intemal control relevant to the Company's preparation and fair presentation of the Statement in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control An audit also includes evaluating the appropriateness of the accounting policies used and the reasonableness of the accounting estimates made by the Management, as well as evaluating the overall presentation of the Statement. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion, In our opinion and to the best of our information and according to the explanations given to us, the Statemer Sathya & Assoiats LLP 910, Mubtown Sols 1S. Phadke Road Near East West Fyover T= 491'204275 2000 ‘Andhr East E sifosbahya.com ‘Muri 400 069 bathiy.comi, Is presented in accordance with the Requirement of regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; and fi, Gives a true and fair view in conformity with the aforesaid Accounting Standards and the other accounting principles generally accepted in India for the net profit and other financial information of the Company for the year ended March 31, 2016. iii, ‘The Statement includes the results for the Quarter ended March31, 2016 being the balancing figure between audited figures in respect of the full financial year and the published year to date figures up to the third quarter of the current financial year which were subject to limited review byus, For Bathiya & Associates LLP, Chartered Accountants ICAI Firm Registration No. 101046W / 100063 ney ff Umesh B. Lakhani Partner Membership No, 044981 Place: Mumbai, Date: May 24, 2016Fortune Financial Serves (India) Limited CIN ; L65910MH1991PL.C062067; E mi ‘Statement of standalone financial results for the Quarter and Year ended March 31,2016 aman Midtown, A Wing , 21st Floor, Unit No.2103, Senapati Japat Marg, Elphinstone Road, Mumb: cosecretary@fhiLcom; Wel te: www. fortune.co.in 400013 Pane Capen at) 5 Farias uae waa sieszaie | si.2a015 | iasaois | saosaere [SS Unaudited | Unndied | Uamcied | anaes | — Ancied Naso rom operon 1 (ete fom opens 7aa0| 261] wom] ass) is oer peng ome 302 os| aim] ars] sear a ucu[ _720| a0] sam sieae 7 ficpeon 1) Employee tenets ese ms{ —cnsn] a3] twas] > Depo and ehoriuioa expense 030 ov on| 367 ons penaenety ns] 76] nas] ws] aa a Oe msoune o35|35| sonst] ra4se| amar ett pene isiat | sss] 11592] sss | sia 3. nn ae en Goes itr her emma sz} as2s] or san] amas 4. fonds L : ; : : [nt ow ow fayette ease catend |g! —— sal gran] gaan peau freee ssa rma] ox] zzat| saat GL ee a a cae he aE?) Tar 2 [Been oer : 5 : : : 9 rat a rom Opnary Actives efor tx (4) Hal Go| ao] aa] 0m 10 flex Espese: Cat ao : La . Thieme atecie yes t i wn) ons Debit 30 os cor] ozs 16 11 Net Pratt (Lomo Ordinary Actives er wx 10 an] oss] ani) ers) in 12 seine ta j : ~ [ears . 13_fNet ron Low) fodte pei (1+ 12) an] can] are] aa i 1a [Pap equity septal cr vale Re 1 po ay 74460] taco] — 240] aaa | Bao 1S. | Reserves (excluding revaluation reserves) - - 18,690.84 18,679.95 16 earning pr Sharer exrodinary tems anne) on wight verge mmberof srs) (Face alo 10 ~ i gi) os} ern] az0] ns =i ape) os} sn} 06], 20) ns 17 Ean per Sara enirinay tems (Not enmualed) om ied verge nbr of snes) (Fac valu of R10 ~ Baie apes) 19] 05] 008 oon [ied apes) xa] (oos_aas oot JNotes: 1) The above results have been reviewed by the Audit Committee and approved by the Board of Directors of the Company in their meetings held on May 24, 2016, 2) The Company has aequired 80,000 equity shares of Rs. 10 cach at par of Kohinoor India Reinsurance Co Limited from the then promoters of the said Company on 30-03-2016. On acquisition of these equity shares, Kohinoor India Reinsurance Co Limited became a subsidiary ofthe Company. The Company's holding in Kohinoor India Reinsurance Co Limited is 80% of its paid up capital. 3) The Company has acquired 5,00,000 equity shares of Rs, 10 each at par of United Petro Finance Limited (UPFL) from the promoters of the said Company on 30-03-2016. On acquisition of these equity shares, United Petro Finance Limited beeame an associate of the Company, ‘The Company's holding in United Petro Finance Limited is 28% of its paid up capital. Further, the Company has subscribed 34,60,000 equity shares of Rs 10 each at par of United Petro Finance Limited on rights basis on 03-05-2016. The Company's holding in United Petco Finance Limited post rights issue also remains at 25% of its pid up capital 4) The Company has acquired $1,00,000 equity shares of Rs. 10 each at par of Crest Debt Cepital Markets Private Limited on private blacement basis on 21-04-2016. On acquisition ofthese equity shares, Crest Debt Capital Markets Private Limited became a subsidiary of ‘the Company. The Company's holding in Crest Debt Capital Markets Private Limited is $196 of its paid up capital 5) The Company has further invested a sum of Rs. 40 crores in Fortune Credit Capital Limited (subsidiary Company) by subseribing to 1,00,00,000 equity shares of Rs. 10 cach ata premium of Rs. 30 per equity share on rights basis on 25-04-2016, ©) The Company has further invested a sum of Rs. 50 crores in ITI Investment Advisors Limited (subsidiary Company) by subscribing to 00,000 equity shares of Rs. 10 each ata premium of Rs. 1240 per equity shar on rights basis on 20-05-2016. 7) Tae Company has further invested a sum of Rs.18.75 crores in Fortune Integrated Assets Finance Limited (essocste) by subscribing 10 17,04,545 equity shares of Rs, 10 each a a premium of Rs, 100 per equity share on rights basi on 03-05-2016. 8) The Company has received in-prnciple approval from SEBI for registration as ITI Infrastructure Fund as a Category [ Inffastructure Fund — Alternative Investment Fund. 9) The scheme of amalgamation (“Proposed Scheme”) for amalgamation of ITI Wealth Management Private Limited with the Company with ceffet from Jantary 01, 2016 (appointed date is filed with BSE Limited & inopincipal approval is received, However, the approval tothe Proposed Scheme from Hon'ble High Court and other applicable regulatory authorities are yet to be received. Pending approval of the Proposed Scheme by Hon’ble High Court and other statutory compliances, no effect of the Proposed Scheme has been given in these financial results, 10) The Company has filed Letter of Offer (LOF) with SEBI on 19-03-2016 forthe rights issue by the Company. The rights issue was opened on 28-03-2016 and closed on 12-04-2016, The equity shares were offered at Rs. 90 per share including premium of Rs. 80 per share aggregating to Rs. 20,410 lakhs. The issue was oversubscribed by 1.2022 times. The Company has in consultation with BSE Limite, finalised the basis of allotment. On 25-04-2016 the Company has alloted / issued 2,26,77,777 equity shares on rights basis tothe subscribers. The post rights ‘issue, the Company's paid up capital increased to Rs. 5,102.38 lakhs divided in to 5,10,23,767 equity shares of Rs, 10 each fully paid. 11) Extraordinary item represents profit on Sale of Investment in Fortune lnegrated Assets Finance Limited 12) Consolidated information: (Rupees in lakhs) jaarier ended ‘Year ended Particulars 31032016 | 31.12.2015 | 31.032015 | snosa06 | _31,032015 Unaudited [Unaudited | Unaudited [Audited | Audited [Revere (ineluding other income) 2g9407| 44204] 493459] 14153. | 15,918.28 Profit / loss) before tax GAT] 365.08, 23837] 682.96 381.50 Profi / oss) after tax (G2.0H] 235.84 240.85 [287.05 200.35 [Extaordinary items A Es = 21.40) = Profit for the period wy) S84 2a083 | 308.45, 20035 [Net Profit Loss) after Minority Interest & Share o lprofit of Associate Company forthe period (108.33) 265.58 22497] $66.38 14827 13) The figures for corresponding previous period have been restated/rgrouped, rearranged and reclassified. wherever necessary 14) ‘The figure for the quarter ended March 31, 2016 and March 31, 2015 are the balancing Figures between audited figures in respect ofthe full financial year and the unaudited published year to date figures up to te third. quarter ended December 31, 2015 and December 31, 2014 respectively 15) Consolidated results forthe year ended March 31, 2016 are available on the website of the Company www.fortune.co.n ‘Mumbai, May 24, 2016 lease visit us at www fortuneco.in For gad on behalf gf the Board Chintan V. Vatia Director DIN: 05333936Statement of Standalone Assets and Liabilities (Rupees in lakhs) As at. Sr.No. Particulars 34.05.2075 ‘Audited ‘A EQUITY AND LIABILITIES 1 |Shareholders' funds fa) Share capital 2,834.60 2,834.60 |b) Reserves and surplus 18,690.84 18,679.95 ‘Sub total - Shareholders funds 21,525.44 21,514.55, 2 |Share application money pending allotment 197 - 3. |Non-Current liabilities a) Long-term provisions : : [Sub total - Non-Current liabilities E E 4 |Current tiabiities la) Short-term borrowings 604.50 - b) Trade payables ie = lc) Other current liabilities 128.84 68.82 1) Short-term provisions 8.68 7.85 ‘Sub total - Current liabilities 742.02 7667 TOTAL EQUITY AND LIABILITIES 22,260.43 27,591.22 B_ ASSETS 1 |Non-current assets a) Fixed assets 11.73 15.40 b) Non - Current investments 20,792.81 19,822.88 Jc) Deferred tax assets (net) 10.98 11.22 Id) Long-term loans and advances 233.94 295.33 le) Other non-current assets g 3 [Sub total - Non-current assets 21,049.46 20,144.83, 2 |Current assets a) Current investments - - lb) Inventories Ei 3 lc) Trade receivables 2 |d) Cash and cash equivalents 47.92 le) Short-term loans and advances 1,216.50 If) Other current assets 181.97 [Sub total - Current assets 7219.97 7446.38 TOTAL ASSETS 22,269.43 24,591.22 oeFortune Financial Services (India) Limited Tel. +91-22-4027 3600 REGD. OFFICE : 2103, Naman Midtown, Fax +91-22-4027 3700 ‘AWing, Senapati Bapat Marg, Website : www.fortune.co.in Elphinstone Road (West), Mumbai - 400 013. CIN No. : L65910MH1991PLC062067 Email: adminaffsil.com FORMA (Pursuant to Clause 31(a) of the Listing Agreement with the Stock Exchange) 1. | Name of the company :] Fortune Financial Services (India) Limited 2.|Stand-alone Annual financial |: | 31" March, 2016 statements for the year ended 3. | Type of Audit observation : | Un-qualified 4. [Frequency of observation : | Not Applicable For Fortune Financial Services| [For Fortune Financial _ Services (India) Limited (India) Limited Muthu Kummar Ganesan Chief Financial Officer Director (DIN: 05333936) For Fortune Financial (India) Limited For Bathiya & Associates LLP Chartered Accountants ICAI Firm Registration Number: 101046 / W100063 Wasa Lins 0 Pankaj Bhuta eg eet Umesh B. Lakhani Chairman of the Audit Committee Partner Membership No. : 044981 Date : 24% May, 2016BATHIYA {8 ASSOCIATES LLP CHARTERED ACCOUNTANTS Independent Auditors’ Report To ‘The Board of Directors Fortune Financial Services (India) Limited. We have audited the accompanying statement of consolidated financial results (the “Statement’) of Fortune Finaneial Services (India) Limited (the ‘Company’) and its subsidiaries and an associate (the Company and its subsidiaries and an associate together referred to as “the Group”) for the Year ended March 31, 2016, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which has been initialed by us for identification purpose. This Statement which is the responsibility of the Company’s Management and approved by the Board of Directors has been prepared on the basis of related consolidated financial statement, which is in accordance with the Accounting Standards prescribed under Section 133 of the Companies Act, 2013, as applicable and other accounting principles generally accepted in India. Our responsibility is to express an opinion on the Statement. We have conducted our audit in accordance with the Standards on Auditing issued by the Institute of Chartered Accountants of India. Those standards require that we comply with the ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement(s). ‘An audit involves performing procedures to obtain audit evidence about the amounts and the disclosures in the Statement, ‘The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the Statement, whether due to fraud or error, In making those risk assessments, the auditor considers internal control relevant to the Company's preparation and fair presentation of the Statement in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control, ‘An audit algo includes evaluating the appropriateness of the accounting policies used and the reasonableness of the accounting estimates made by the Management, as well as evaluating the overall presentation of the Statement, We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion, We did not audit the financial statements of four subsidiaries (including one step down subsidiary) uded in the consolidated financial result, whose financial statement reflect total asset of Rs. 2213.83 lakhs as at March 31, 2016 and total revenues of Rs, 1317.08 for the year ended March 31, 2016, as ‘considered in the consolidated financial results. These financial statements have been audited by the other auditors, whose reports have been furnished to us by the management and our opinion on the Statements, Batya & Associates LLP 310, Hubiown Solas N.S. Phe Road Near EastWestFyover 491224775 8000 Anche East Einlostathya.com Mumbai 400069 atiya.comin so far as it relates to the amounts and disclosure included in respect of these subsidiaries is based solely on the reports of the other auditors. We did not audit the financial statements of an associate. The consolidated financial results include net carrying cost of investment of Rs. 50 lakhs in respect of an associate. These financial statements have been audited by the other auditors whose report has been furnished to us, and our opinion on the Statement, to the extent it has been derived from such financial statements, is based solely on the report of such auditor. Our opinion is not qualified in respect of these matters. In our opinion and to the best of our information and according to the explanations given to us, the Statement: i) Is presented in accordance with the Requirement of regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; and ii) Gives a true and fair view in conformity with the aforesaid Accounting Standards and the other accounting principles generally accepted in India for the net profit and other financial information of the Group for the year ended March 31, 2016. iii) The Statement includes the results for the Quarter ended March31, 2016 being the balancing figure between audited figures in respect of the full financial year and the published year to date figures up to the third quarter of the current financial year which were subject to limited review by us. For Bathiya & Associates LLP, Chartered Accountants ICAI Firm Registration No. 101046W / W100063 polite costa 7 Umesh B. Lakhani Partner Membership No. 044981 Place: Mumbai. Date: May 24, 2016Fortune Financial Services (India) Limited red Of Se Repl ‘amen Midtown, A Wing 21st Foor, U at Marg Elphinstone Road, Mumbal- 400013 Na2i03, ‘CAN : L6s91OMHT1991PLLCD62067; E mall: coscretaryQiLcom; Websie: www. fortune.coin Statement of consolidated financial results for the quarter and year ended March 31,2016 PARTI (Rupees in aks) Seo ‘Quarter ended Year ended Particulars 31032016 | 31122015 [31.052015 | sosan6 | 21032018 Unaudited [Unaudited | Unsudied | Audited | Audie income from operations 1a) come fom operations aaoza0| 430529] 4a3922 | tasaso| 1555377] b) Oter operating income woao| 3178] sas) wess| 321.08 Total Income from operations zaiz60| _43s707| 492035 | iaaanas| 1587482 [Expenses ls) Employee benefits expense tana3) 126083] 136717] sost0| 4.71226 'b) Depreciation and amortisation expense ziszz} 21509] 21861 4506 91058 le) Bad debs writen off mous) 141236] i272} agears| 814.00 c) er expenses nooner] 992.68] isz46] _atsuss | 7085.80 Total Expenses 26982] 3.88996[ 3.75096] 11,986.49] 15,522.70 Prot (Los) from Operations before Other income and finance a oe aS nats] aor] 1.06937] sae] 238212 4 [oter income sar] 497 1426 tuo | 43.40 Profit (Los) from ordinary activities befor finance cost and a 5, [peed ioe issos| 54208] 108563] aus6s2] 2.39054 6 [Finance costs wraz| i700] s4825| __s13.466| 201408 1 |Prott oss) trom Ordinary Activites after finance costs but 1 eee oes ein] ses08] 23837 9296) 38150 F_ [Exceptional ems = z = = 9 |Proft i.) from Ordinary Activites before tax 7) em] 3508 a5837 me [a 10” [Tax Expense: = Current ax ssn] 16839] 91.50 are] 261.50 Tax in espeet of ati years 223 02) ian) 2as| (1146) + Defered ax sic] sin] rsa) 1ssso| (68.9) 11 [Net Prot (Los) from Ordinary Activites after tax (8-10) 209] 2884] 24083 as105| 20035 12 [Rtrsordinary ems : : e 210 z 13. | NetPro (Loss) forthe period (11+ 12) G20) 23sea| 2008 sueas| 20038 14 [Share of Profu(Los) of Associate (0) 1938 cs 285.18 | 15 [Mins terest 420[ 030] 1586 nas] s2o8 Net Profit Loss after Minority Interest & Share of Prof of a 16 | associate Company for the period (13+14-15) a an Beet |e 17 [Paidsup equity share capa Face vale of Rs.10 pr share) 2es460[ 283460) 283460 2amao| 283400 18 [Reserves (excluding revaluation reserves) : : - roars) 19,103.14 19) [Paring per Share (before extraordinary tms\(Not annualised) (on weighted average mamber of shares) (Face valu of Rs.10 ash) Basie (Rupes) 37] 094 asi 1s oss Diluted (Rupees) 37 09s ost 192 033 20 |Baming per Share after exraorsinary items (Not annuals) (oa weighed average numberof shares) (Face value of Rs 10 cach) Basic (Rupes) oa 200 033 =Diled Rupes ost 200 083Note: 1) The above results have been reviewed by the Audit Comite ae approved by te Board of Diteios ofthe Company in tsi meeting held on May 24,2016 ‘The consoled financial results are based on the consolidued financial statements prepared in accordance with Accounting Standard - 21 on ‘Consolidted Financial Statement? and includes the financial results ofits susiiees namely Inime Equities Limied (EL). Inime Mul Commotty Company Limited (IMCL), Fore Credit Capital Limited, Fortune Integrated Assets Fiance Limited (FIAFL) (upto 30-04-2015), 1 Investment Advisors Limite, Fortune legate Home Finance Limited, Antique Stock Broking Limite, Inga Capital Priva Limited (INGA), Neue Allianz Corporate Serves Private Limited, Disess Asset Specialist Pvt Lid (DASPL) (w e£01-09-2015), 111 Weath Management Paivate Lined (TIWML)(w.£23-10-2015) and Kohinoo India Reinsurance Co Limited (KIRCL) (we 3043-2016) 3) The Company has acquired 60,000 equity shares of Rs 10 each prof Kohinoor India Reinsurance Co Limite fom the ten promotes ofthe sid Company on 30-03-2016. On acquisition of these equity shues, Kehinoor India Reinsurance Co Limited became a subsidiary ofthe Comp. The (Companys holding in Kohnoor India Reinsurance Co Linited is 90% fs paid up capt 4) The Company has acquired $.0,000 equity shares of Rs. 10 each at prof United Petro Finance Limited (UPFL) from the promoters ofthe sid ‘Company on 30032016, On acquisition ofthese equity shares, Unie Peo Finange Limited Became an aston ofthe Company, "The Company's boing in United Peo Finance Limited is 25% ofits pid up capital Further, the Company has subscribed 34,60,000 equity shares of Rs. 10 each ar of United Peo Finance Limite en rights basis on 03-05-2016, The Company's holding in United Petro Finance Limited post rights issue also Femainsa 25% of its paid up capi “The Company has acquired 51,00,000 equity shues of Rs 10 each at par of Crest Debt Capital Markets Private Limited on private plement asi on 21-082016, On acquisition ofthese equity shares Crest Debt Captl Markets Private Limied became a subsidiary ofthe Company. The Companys holding in Crest Deb Capital Markets Private Limited i S% of epi up capt » 5) 6) The Company has fuer invested a sum of Rs, 40 crores in Fomine Credit Capital Limited (subsidiary Company) by subscribing to 1,000,000 ‘uty shares oF Rs 10 each at premium of Rs, 30 per equi sare on rights base on 25-04-2016, 17) The Company has funher invested a sum of Rs $0 crore in IT Ivestment Advisors Limited (sieidary Company) by subseriing to 4,00,000 equity shares oFRs, 10 cach ata premium of Rs 1280 per equity share on rights bas on 20-05 2016. '8) The Company has frter invest «sum of Rs18.75 crores in Fortune Integrated Assets Finance Limited (associat) by subscribing o 17,04, 545 uty shares af Rs, 10 each ata premium of Rs. 100 per equity sare on rights basis on 03-05-2016, 9) The Company has reecivedin-prinsiple approval ftom SEBI for registration ax I Infasructure Fund as a Category I Inastucare Fund ~ Alimatne Intesment Fund 10) Te scheme of emalgamstion ("Proposed Scheme” for amalgamation of Weakh Management Private Limited withthe Compan with fet fom Iepuary D1, 2016 (appointed dae sled with BSE Limited & in-prncpal approval is received. However, te approval to the Proposed Scheme fom Homie High Cour and otter applicable regulatory authorities are yet tobe received. Pending approval ofthe Proposed Scherne by Henle High (Court and ihe statutory complances, no effect ofthe Proposed Schemc has ben given in these Finacial esl 1) The Company had ed Leter of Ofer (LOF) with SEBI on 19-03-2016 fr the right issue by the Company, The rights issue opened on 28-63-2016 1nd closed on 12-04-2016. The equity shares were offered ut Rs 90 per shar including premium of Rs. 60 per share garepting to Rs. 20,410 lakhs The isu was oversubscribed by |.2022 times. The Company has cosutation with BSE Limited aie the tai of aiotnent. On 28-04-2016 ‘he Company bas alloted sued 2,267.77 equity shares on rigs basis othe subscribers, The pos ight stat, the Company's pid vp capt ‘ncressed to RS, 5102.38 labs divided into 5,023,767 equity shares of Rs 10 each uly pi 12) Extraordinary tm represents prof on Sale of Investment in rune Inerated ses Finance Limited 13) Standalone information: (eupecs ia lab) ‘Quarier ended Year ended Particulars Bioaaae [31122015 [soso | siaame —[ 3105018 Unaudited | Unaudited | Unaudited ‘Audited ‘Ausited [Revenue (ineloing cer income) 21622 2720. 8170 38252 S188 [Pras betes ax 40 G39] 36.9} 622) 1003) Pra Goss aera 20 asm 718 746] 17, [Exvaorinay tems : = : oa7s Pro or the ped 20 cam) 07.18) 1089 17 14) The Figuesforcoresponding previous period have been rested/egroupd,rearanged and reclassified whctver necessary, 15) The Figures ofthe coresponding period in previous year ae not cmparabe in view ofthe following < FIAFL bere associ on 01-05-2015 from subsidiary Company duet sal of Shas of FLAFL, + UPFL became sssosiate on 30-03.2016 due o acquisition of Shares by the Company, + Amalgamation of 1 Financial Services Limit (ITIFSL) wih IEL & IT Investor Services Limited (ITHSL) with IMCCL. DASPL (wef 01-09-2015), WML (ove f23-102015), KIRCL (w.e£30-03.2016), became subsiiaris in eurent year ITUPSLincading its subsidiary ITISL(w ef 01-10-2014), INGA incding is subsiiary (we 26-02-2015) bosame subsidiaries in previous year 16) The figures forthe quer ended March 31,2016 and March 3, 2015 arth blancing figures between audited figures in espe ofthe fl finial year and the unmuited published yea to dete figures up othe third quarter ended Dace 31,2015 and December 31,2014 respectively 17) Stansloe ets for the year ended March 31, 2016 are aailabe onthe website ofthe Company www fete co.in Mumbai, May 24,2016 Please vst us at www fortune on hintan V. Valin Director DIN: 05333936Reporting of Consolidated Segment wise Revenue, Results and Capital Employed (Rupees in lakhs) ‘Quarter ended Year ended Particulars 31.03.2016 [31.12.2015 [31.03.2018 | 31.03.2016 | 31.03.2015 Unaudited | Unaudited | Unaudited | Audited | Audited ‘Segment Revenue Broking and related services 2,110.45 | 2,863.89 3,430.08] 10,088.89] 11,384.26 Investment banking and advisory 525.66 431.76 138.05 1,732.16 901.99 Financing activities 473.63 1,173.60 1,750.63 | __ 2,839.42 | _4,793.54 [Total 3109.74] 446925] 5,318.76] 14,660.47] 17,079.79 Less : Inter segment revenue 215.67 3721 484.17 507.36 1,161.55 Net Income from Operations 2,894.07] 4432.04] 4,834.59] 14,153.11 | 15,918.24 Segment Results - Profit before tax and interest Broking and related services 191.27 444.62 659.86 1,517.69 1,611.06 Investment banking and advisory a7731)| 53.96 (58.73) (653) 250.77 | Financing activities 181.70 43.50 482.50 685.47 533.71, Total 195.65 542.08 1,083.63 [2,196.62 | _-2,395.54 Less: Finance cost 197.82 177.00 845.26] 1,513.66] 2,014.04 Profit before tax 17) 365.08 238.37 682.96 381.50 [Capital Employed (Segment Assets - Segment Liabilities) Broking and related services 3,986.87] 6,164.50] 8,105.40] 3,986.57 8,105.40 Investment banking and advisory 633653] 538630] 3,150.55] 6,336.53 150.55 Financing activities 12,822.17] 11,102.00 | 12,581.05 | 12,822.17] 12,581.05 [Total 2314527 | 22,652.80 | 23,837.00 [23,145.27 | 23,837.00 i”Statement of Consolidated Assets and Liabilities (Rupees in lakhs) at Sr.No. Particulars 34.03.2016 | 31.03.2015 ‘Audited ‘Audited A [EQUITY AND LIABILITIES 1 |Shareholders' funds a) Share capital 2,834.60 2,834.60 b) Reserves and surplus 20,071.89, 19,143.14 ‘Sub total - Shareholder's funds 22,906.49, 21,977.74 | 2 |Share application money pending allotment 1.97 2 3 |Minority Intorost 236.81 1,859.26 4 |Non-Current liabilities ja) Long-term borrowings 15.92 51.15 lb) Long-term provisions 40.12 : [Sub total - Non-Current llabilite 6.04 ERE 5 |Current tiabititios la) Short-term borrowings. 7,080.52 45,987.84 lb) Trade payables 7,249.98, 8,627.98 lc) Other current liabilities 4,351.79 4,108.05 16) Short-term provisions. 535.33 1,285.49 [Sub total - Current liabilities 30,967.36 TOTAL EQUITY AND LIABILITIES 83,855.51 B assets 1 |Non-current assets a) Fixed assets 2,182.83, 2,911.56 1b) Goodwill on consolidation 219.68 156.28 lc) Non current investments 6,619.85, 616.33, 1d) Deferred tax assets (net) 420.57 612.43, le) Long-term loans and advances 2,873.43, 28,128.90 #) Other non-current assets 14.86 - ‘Sub total - Non-current assets 7233.21 3345.49 2 |currentassets a) Current investments, 216.32 296.54 b) Inventories 447.27 _ c) Trade receivables 5,168.39 3,900.01 id) Cash and cash equivalents 8,779.63, 18,987.42 le) Short-term loans and advances 11,833.76 27,692.31 ) Other current assets 622.34 41,553.74 ‘Sub total - Current assets 27,067.71 50,430.02 TOTAL ASSETS 38,398.93, 83,855.51 yeFortune Financial Services (India) Limited Tel. +91-22-4027 3600 Fax; +91-22-4027 3700 Website : www.fortune.co.in CIN No. : L65910MH1991PLCO62067 REGD. OFFICE : 2105, Naman Midtown, ‘AWing, Senapati Bapat Marg, Elphinstone Road (West), Mumbai - 400 015. Email: admin@ffsil.com FORMA (Pursuant to Clause 31(a) of the Listing Agreement with the Stock Exchange) 7. | Name of the company Fortune Financial Services (India) Limited 2 | Consolidated Annual financial | | 31 March, 2016 statements for the year ended 3. | Type of Audit observation Un-qualified 4. | Frequency of observation ‘Not Applicable Tor Fortune Financial Services] |For Fortune Financial Services (India) Limited (india) Limited Ghintan V. Valia Muthu Kummar Ganesan | Director ‘Chief Financial Officer (DIN: 05333936) For Fortune Financial Services (india) Limited For Bathiya & Associates LLP ] Chartered Accountants | ICAI Firm Registration Number: 101046W / W100063 rabies ice. Pankaj Bhuta Umesh B. Lakhani Chairman of the Audit Committee Partner Membership No. : 044981 Date : 24%" May, 2016