S.R. BATLIBOI & Co. LLP 25 Sonapat Boat hora Chartered Accountants: et ae 028, inte Tel : 491 22.6819 8000 Independent Auditor’s Report on the Quarterly and Year to Date Audited Consolidated Financial Results of the Company Pursuant to the Regulation 3 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended To, ‘The Board of Directors Central Depository Services (India) Limited Report on the audit of the Consolidated Financial Results Opinion We have auglted the accompanying statement of consolidated financial results of Central Depository Services (India) Limited (the “Holding Company”) and its subsidiaries (the Holding Company and its subsidiaries together referred to as “the Group”), for the quarter ended September 30, 2019 and forthe period from April I. 2019 to September 30, 2019 the Statement”), attached herewith, being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”). Attention is drawn tothe fact thatthe consolidated figures for the net cash outflows forthe corresponding period from April 1, 2018 to September 30, 2018, as reported in these consolidated financial results have been approved by the Holding Company's Board of Directors but have not been subjected to audit, In our opinion and to the best of our information and according to the explanations given to us, and based on the consideration of the reports ofthe other auditors on separate financial statements financial information ofthe subsidiaries referred to in paragraph below, the Statement: (includes the results of the following entities; 2. Central Depository Services (India) Limited b. CDSL Ventures Limited €. — CDSL Insurance Repository Limited 4. CDSL Commodity Repository Limited Gi) is presented in accordance with the requirements of the Listing Regulations, inthis regard: and (Gil) gives a rue and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards and other accounting principles generally accepted in India of the consolidated total comprehensive income comprising of net profit and other comprehensive income and other financial information of the Group for the quarter ended September 30, 2019 and for the period from April 1, 2019 to September 30, 2019. Basis for Opinion We conducted our audit in accordance with the Standards on Auditing (SAs), as specified under Section 143(10) of the Companies Act, 2013, as amended (“the Act”), Our responsibilities under those Standards are further described in the “Auditor's Responsibilities forthe Audit ofthe Consolidated Financial Results” section of our report. We ate independent of the Group, 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 aucit of the Financial Results under the provisions of the Act and the Rules thereunder, and swe have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethies. We believe that the audit evidence obtained by us and other auditors in terms of their reports referred to in “Other Matter" paragraph below; is sufficient and appropriate to provide a basis for our opinion, Management's Responsibilities for the Consolidated Financial Results These quarterly financial results as well as the year to date consolidated financial results have been prepared on the basis ‘of the interim condensed financial statements The Holding Company's Board of Directors are responsible for the preparation and presentation of the Statement that give a true and fair view ofthe net profit and other comprehensive income and other financial information of the Group in accordance with the recognition and measurement principles laid dawn in Indian Accounting Standard (Ind AS) 34 “loterim Financial Reporting’ prescribed under section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The respective Board of Directors of the companies included in the Group are responsible for maintenance af adequateS.R. BATLIBOI & Co. LLP CCharteres Accountants accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Group and for preventing and detecting frauds and other irregularities: selection and application of appropriate accounting policies: making judements and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Statement that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of the Statement by the Directors ofthe Holding Company, 2s aforesaid, In preparing the Statement, the respective Board of Directors of the companies included in the Group are responsible for assessing the ability of the Group to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the respective Board of Directors either intends to liquidate the Group orto cease operations, or has no realistic alternative but to do so. The respective Board of Directors ofthe companies included in the Group are also responsible for overseeing the financial reporting process ofthe Group. Auditor's Responsibilities for the Audit of the Consolidated Financial Results Our objectives are to obtain reasonable assurance about whether the Statement as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is @ high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when i 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 ofthe Statement. AAs 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 Statement, whether due to fraud or error, design and perform audit pracedures 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, but not for the purpose of expressing an opinion on the effectiveness of the ‘company’s internal control ‘+ Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors. Conclude on the appropriateness of the Board of Directors" use of the going concern basis of accounting and, ‘based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that ‘may cast significant doubt on the ability of the Group to continue as a going concern. If we conclude that a ‘material uncertainty exists, we are required to draw attention in our auditors report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the ult evidence obtained up to the date of our auditor's report. However, fulure events or conditions may cause the Group to cease to continue as a going concern. ‘© Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represent the underlying transactions and events in a manner that achieves fir presentation. ‘Obtain sufficient appropriate audit evidence regarding the financial results of the entities within the Group to express an opinion on the Statement, We are responsible forthe direction, supervision and performance of the audit of the financial information of such entities included in the Statement of which we are the independent auditors. For the other entities included in the Statement, which have been audited by ether auditors, such other auditors remain responsible forthe direction, supervision and performance of the audits carried out by them. We remain solely responsible For our audit opinion. We communicate with those charged with governance of the Holding Company and such other entities included in the Statement of which we are the independent auditors regarding, among other matters, the planned scope and timing ofthe audit and significant audit findings, including any significant deficiencies in internal control that we identily during our audit ‘We also provide those charged with governance witha 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,SR. BATLIBOI & Co. LLP Ccharteres Accountants We also performed procedures in accordance with the Circular No. CIR/CFD/CMD1/44/2019 dated March 29. 2019 issued by the Securities Exchange Board of India under Regulation 33 (8) of the Listing Regulations. to the estent applicable, Other Matter The accompanying Statement includes the aualted financial results of 3 subsidiaries whose interim financtal statements reflect Group's share of total assets of Rs. 25,837 lakhs as at September 30, 2019, Group's share of total revenues of Rs. 1.726 Lakhs and Rs. 3,939 Lakhs, Group's share of total net profit alter tax of Rs. 711 Lakhs and Rs. 1.467 Lakhs, Group's share of total comprehensive income of Rs. 711 Lakhs and Rs. 1,467 Lakhs, forthe quarter ended September 30, 2019 and for the period from April 1, 2019 to September 30, 2019, respectively, and net cash outflows of Rs. 88 Lakhs far the period from April 1, 2019 to September 30, 2019, as considered in the Statement which have been audited by their spective independent auditors. The independent auditor's report on the interim financial results of these entities have ‘been furnished to us by the Management and our opision on the Statement in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, is based solely on the reports of such auditors and the procedures performed by us as stated in paragraph above. ur opinion on the Statement is not modified in respect of the above matters with respect to our reliance on the work done and the reports of the other auditor and the Financial Results certified by the Management For S.R. BATLIBOI & CO. LLP Chartered Accountants ICAI Fig Registration Number: 301003E/E300005 per Jayesh Gandhi Partner Membership No.: 037924 UDIN; 19037924AAAAMR5929 Mambai October 18, 2019CENTRAL DEPOSITORY SERVICES (INDIA) LIMITED Regd office :A-2501, Marathon Future, N.M. Joshi Marg, Lower Parel, Mum Statement of Consolidated finan ‘IN: Ls7320M39970LC132463 results forthe quarter an six months ended September 30, 2039 cinta Particulars Quarter ended ‘Six Months Ended ‘Year ended eae ee | es | ee ee te ear ee | ee ee ee ee sassaz| sasozi| saeeas| sasoses| s20a8| 1962517 2 [ower ane nte esosr| tsonve| “avae| “sinus tsouae| ‘asieae 2 rot mcome 2 Tasss| esr | ase ae] | strobes ces asso] ares] aaras]—asenes| —xeromn| nanan Dioewetatonarcanertsaionewense | “zoe70| “2onss| zzivo| 'seras|annes|abtsa JScorpuertetmecavrecideweme | ssear| suust| aetro| zo, sasis | xanzae adem amae| vmee| aus] sans] en | Aose at spans aise | —sauno| —asorae| —essame| —asiesr| — aan 5 |potthetor tn (34) sanoe| —sama7| aonri|rzz03i| gars) saan ; i oe 2ieo7| asa | smn 30 | — ass | hearst sar 1 Jace ra oe ped yar 6) ar | as} — sansa] — sara | — sas | — aa eta canons ann) anass| somos] s6rass|—sasnas| — a1a8ias for Coewelngaret gem) “aeis|_“tsgs| “zen | “auso| te 1 ote compote nme ante en ies Eee som] 689s) arr] se] nan] oso reer eet cose nt ; i |be reclassified to profit or loss. —_ _— = ae eae mm a cecil ed Foes iied eer comerhese oom tt sian] san] asm] saz] aan] ose ho cnet noms eae > lens) aaazs| 2moa| —soorse| —s70ses| sansa | sass as Serchlars ot nny amen) reas] aaa] sessas| sizes) nnasio7 no come are ieee] ance] asas|zzes| anes | "astan - eee 10,450.00 10,450.00 10,450.00 10,450.00, 110,450.00, 10,450.00 fee oe pe share ech — seseest 11 |eomng per enutyshare \ecreceaporaecrsas) cate ey ee te onulsed exes yay a1 The above cnsidaedfaancal rests have been reviewed bythe Aut Commitee and approved by te Board of Orectason October 1, 218. The! Thoncol rests have bean prepared in acordonce with the recopton and messorernent princes lad down In indian Accounng Sandor (ND A) prccibegune’ Scion 133 of Compan Act 213 en th the elvan essed hereunder and thr scotia pings genera acted] 2 Segment ifrmation ints) | Forthe Forthe tor dhe cs | ouecemne dd | gu teen at | forte lel quarter ended| quarter ended| quarter ended] “A™ORENS | SMMORINS | veranda 3 1.03.20 | 30.08.29 | s00620i9 | 3009208 | ,,tmisé | tried | | 31.03.2019 erent Revene lepestory actty sae] sosas7|—aomear| gatas) x.7a5mn|ssanase [nse ane Stage taeose}—t7oras|—sasnco| Soran] sma] aaona8 ferostoy ‘exsa] 678 1001 oa) 1628 toss "ota 3asi9| Sear] s36ss0|taateso | Sszeor| ——sseso38 es ne Segrent Revere v7 730 os a7 a? het Scar | Soa | ——aeeas [oe asa semen Reus [epost Atty sesizs] rarass| aaszse] asin] smzoas | 7asaso lost ty and Storage nse] ‘ene ‘ss| —tamas| sere] gains eritey us| pron] gan] _assasi|_—_ asta] 7000) hata 3asior| —ioesss| assay] sansa ——sarasa | —aaoaas dts) Rance nee nd ther ieeasr| ——1sma76 om] sins] ——ss0i07] ——aat08 ktoeie eae ai etre tnation aa | aaa | aa] am eee | rot ater tartion 390537 2.20] aise] sears] sain] than Iegnene amet Deporte Aetty sugess| 1.16270 ots eney and Sane esis] “sosaae Jersey dana] Sse lato ccyese| _seannss Ft maisis | 79299 [egret Taber epostary Aciy nsen| 665011 Data ety ana Storage su Seas? rato soses a8 Fal iaaosas [yawns soos | a1a2009 apa, an a apa a ane a agua FT epost acy saa sna Dosey nd Storage man aaa reposton Bn eta Prope pono aupen and Tinga wt Ione wa] a7 Depostary acety son28 mss Data Ey nd Storage sa toned otal bepecaionsad omar eras] a1 ote naa nce manne intrestncme din income nme rom investments nd athe nacaieceaneus income4 Based onthe asessment order reeves uring the quarter ended June 30,2038, the Company had writen bak an amount of 174.10 Lakh in respect of assessment yar 201314 an the sare wa ete of rom ax expense, Forte, an aunt of 22345 La, receed as interest. on fund hasbeen Include in other income during he quits ende June 3,209 and sh months ended September 3,209. 4 the managements inthe proces of mplementngIND AS 126- eases. satetes by management, the lmgactis ntl tobe materia 5 Fgures forthe previous quirter/period / eat have been regrouped / recasfed and remranged wherever necessary to correspond with the curren ‘quater/perog/ year cassfeation /dscosue. 6 puted ran eu fan ep Seren] Une Saar emaon) int rere | torte | tore | Pre] Fore torte ne varterended| quarter ended| quarter endea S™Menths | simone | ves ened san2039 | ‘30082019 | saos208 | Med | | emied | | Sras2019 “ied [find —| peg |i | and —| cid Harmon Sav] —~siesou]—~cantoo] —tpaarso| ansn0] i980 tte ‘uerai| sass | ——autis|—"sserae]| ——-s.so25| 1056595 tery iatai| ganas] ——aamaa|——aamr| ——aquzas] 07 ‘The aie resus of Central epcstorySerces ina ints forthe above mentioned period yet ae avaiable a our website woe sna. com and ‘onthe Nationa Stock Exchange webate wwnssing com The information sbove has Bee exacted rom the audited standalone haan su for he | sixmonths ended September 30,208 For and gq Beal of oad of ecto of Centhal DgPOSTORY SERVICES NDIA) LMAITED i (nen oe 1.2018 ang ier EOCentral Depository Services (India) Limited CIN: L67120HI9970LC132403, Consolidated Balance Sheet as at September 30, 2019 (Rina) ae Beat eat 30.09.2019 31.03.2019 asses 1 |Non-currentassets la. Property plant and equipment 7,069.28 7261.41 lo. intangible assets 356.85, 262.53 le. Financial Assets i. tnvestments 27,889.35, anna A Loans 337 739 ii, Other financial assets 387.01 1,201.08 1s. deterred tax assets (net) 371.29 345.08, le. Income tax assets 826.66 1178.85 It Otherassets 33.00 45,04 Total Non-Current Assets 36362.77 37ai8.00 2 current assets Ia. Financial Assets Investments 36.90.11 12,625.80 fi. Trade receivables 3.60321 4191364 Ii Cash and cash equivalents 188.97 27.66 |v. Bank balances other than (il) above 5,902.72 5,102.19 v. Loans 664 1218 vi. Other financial assets 105.85, 5.00 b. Omer assots 750.88 868.12 Total Current Assets a7as2.38 30,974.59 Total assets (142) waisas 78,382.38 IEQUITY AND LIABILITIES 1 [Equity 3. Equity Share capital 10,450.00, 10,450.00, lb. otmer Equity 57,007.93 56,360.31, Equity attributable to owners of the Company 67,457.93 66,816.31 Non-controlling interests 4151.76 4129.13 Total Equity 71,608.65, 7osaaae luasiumies 2 |Non-current abilities la. Financial abies (Other financial abies 103.60 81.29 lb. Defered tax bites (net) 53.99 1359 Je: otner abies 749 14.66 Total Non-Current Liabilities 165.08 709.54 2 [curcent liabilities la. Financial abilities |. Trade payables Tota oustanding dues of mcr enterprises and smal enterprises 742 ‘otal outstanding des of cedtors other than micro enterptises and smal 4168.88 356.88 centerrises Other financial abilities 4,091.83, 4.23622 Provisions 4557.87 ‘900.79 le Curent tax abies 352.69 372.70 1d. Other abies 5,469.11 1385.60 Total Curent Liabilities] 72,640.38 7,380.01 ‘Total Equity and Liabilities (14243) maaiss E3295‘Central Depository Services (India) Limited ‘IN: Le7120MHI997°LC132443 ‘Consolidated Cash Flow Statement forthe six months ended September 30, 2019 {sinaie Iaancuane Forthesixmonths | Forthe ax months ended 30.02.2019 | ended 30.09.2018 [Ac CASH FLOW FROM OPERATING ACTIVINES Profit for he year 73203 casa ustments or [eprecation nd Amarieaion expense Ss: a [can onsale / disposal of Property, lantand equipment ana intangible assets (Net) (39) (236) Frown Toray and compensated ssmnces cor zr Interest income 97.1 523.0 [bvdeng income 1084) Net gon arising on nani asses measured at ATPL azo 24s] Impairment oss on nancial asets/oad sets wrtten oT 10439 [tural bty recognises 31.8 Taal (Opetting profit before working capital changes Sas 5308.32 Movements in working capita increase] Decrease rae rei (XCF asl screasel /Oscrease in ans and other ais Ba 130.4 [ncreasel/ Decrease in othe nancial asses Taal 163.00 Increase (Decrease wade payables sO is increase /(oscrense] in rowsions 167.84 e598 [acess / cease nother nani abies ad athe abi “368.10 3255.96 ‘aah Generated from oparations 8 PZ et ee od eto un Tassel 878.5] (Cash genaated rom operating AC ae, eae [BL CASH FLOW FROM INVESTING ACTIUTIES [purenase of propery plant and equipment ntanglbe seis and capa adbances a8 psa froceeds rom sle of property pant and equipment 1.39 236 Durenate of investments Tos60.08) Tas] [roceeds rom sie of investments 764.08 3375398 investments i fled deposits with Bans T.397.23) 543.45) [roceeds rom maturity of fed deposits with banks 2056.05, 12674 interest receives si3.41 2490 [bvidend received nose [net anh generated from inventing ais sao) (aoa) (c.cASH FLOW FROM FINANCING ACTIVITIES [bvidend ans tars pai thereon Ess EET eof Equity Shares n subsea 2400.00 ash aed in financing acti 50835) ao [Net increase ncah and cash equivalents (A081C) ss. Tea [cah and eh equivalents atthe bepnning ofthe year 747.6 sa (cabana cash equivalents tthe end a he period 7 375.36 [cash and eash equivalents atthe end ofthe period compres [Leash an ana oa oss [i cheques nad [i ooonees wth bans in Curent cebu me Ta 1. The Cash Flow Statement has been prepared under the “rect Method asset ot in Indian Accounting Standard 7 "ash FlowS.R. BATLIBOI & Co. LLP 25 Sena apat arg Chartered Accountants Pein per ae Tel : 91 22.6819 8000, Independent Auditor's Report on the Quarterly and Year to Date Audited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended To ‘The Board of Directors Central Depository Services (India) ited Report on the audit of the Standalone Financial Results Opinion We have audited the accompanying statement of quarterly standalone financial results of Central Depository Services (india) Limited (the “Company”), for the quarter ended September 30, 2019 and the year to date results for the period from April 1,2019 to September 30, 2019 (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, 2015, as amended (the “Listing Regulations”). Attention is drawn to the fact that the figures for net cash outflows for the corresponding period from April 1, 2018 to September 30, 2018, as reported in these unaudited standalone financial results have been approved by the Board of Directors of the Company but have not been subjected to audit In our opinion and tothe best of our information and according tothe explanations given to us the Statement i. is presented in accordance with the requirements of the Listing Regulations in this regard: and Ji, gives a tue and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards and other accounting principles generally accepted in India of the total comprehensive income comprising of net profit and other comprehensive income and other financial information of the Company for the quarter ended September 30, 2019 and year to date results for the period fiom April 1,2019 to September 30, 2019, Basis for Opinion We conducted our audit in accordance with the Standards on Auditing (SAS specified under section 143(10) of the Companies Act, 2013, as amended (“the Act”). Our responsibilities under those Standards are further described in the itor’ Responsibilities for the Audit ofthe Standalone Financial Results” section of our report. We are independent of the Company in accordance with the Code of Fthies issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our auuit ofthe financial results under the provisions of the Act and the Rules thereunder. and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethies. We believe that the ausit evidence we have obtained is sufficient and appropriate to provide a basis for ‘our opinion, Management's Responsibilities for the Standalone Financial Results ‘These quarterly financial results as well as the year to date standalone Financial results have been prepared on the basis of the interim condensed financial statements, The Board of Directors of the Company are responsible for the preparation of the Statement that gives a true and fair view of the net profit and other comprehensive income of the Company and ther financial information in accordance with the recognition and measurement principles laid down in indian Accounting Standard 34 (Ind AS -34), “Interim Financial Reporting” prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other iregularites; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Statement that give a true and fair view and are free from material ‘misstatement, whether due to fraud or error. In preparing the Statement, the Board of Directors are responsible for assessing the Company's ability to continue as a ‘going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.S.R. BATLIBOI & Co. LLP CCharteres Accountants ‘The Board of Directors are also responsible for overseeing the Company's financial reporting pracess, Auditor's Responsibilities for the Audit of the Standalone Financial Results Our objectives are 10 obtain reasonable assurance about whether the Statement 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 isa 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 ot 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 the Statement. As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit, We als: ‘+ Identify and assess the risks of material misstatement ofthe Statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate {o provide a bass 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 ‘mistepresentations, or the override of internal contol * Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances but not forthe purpose of expressing an opinion on the operating effectiveness of the company’s internal control + Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors, + Conclude on the appropriateness of the Board of Directors’ use of the going concem 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, Ifwe conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial results o, if such disclosures are inadequate, to modify our opinion. Our eonclusions 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 @ going concern. ‘+ Evaluate the overall presentation, structure andl content of the Statement, including the disclosures, and whether the Statement represents the underlying transactions and events in a manner that achieves Fair presentation, We communicate with those charged with governance regarding, among other matters, the planned seope 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, For S.R. BATLIBOI & CO. LLP Chartered Accountants ICAI Firm Registration Number: 3010035/E300005 Pastner Membership No.: 037924 UDIN: 19037924AAMAMP2236 Mumbai October 18, 2019‘CENTRAL DEPOSITORY SERVICE (INDIA) LIMITED Regd office: 2501, Marathon Futures, N.M. Josh Marg, Lower Pare, Mumbal- 490012, ‘in: t67120MMA9e7PLCL12683 ‘Statement of standalone financial results forthe Quarter and Six months ended September 30,2013 invaeh) Goaner nae Saxon Enea ear Ended Prtle seer | san2019 | sosoaeia | aamp019 | so0ezme | .oa2008 ‘aited | Ated | —Audtes —[ — Auctes | utes | — Autew 1 come tom aertins osoae] —aosasr] —aonear]—assnas]—n7sean] sz 2 [ornerincome terre) sasess] ator maa] asisas| tamer] az 2 rotate 302 325736] ——534s0e| ——amnaco| sano samaao| sao 4 xveses ls Eployee beets expete sors] 35792 mass] aun] tases] amar s)orprecaton an smerteaton expense sous 20078 19076 ‘one ‘aoa ‘2531 computer tecnnlogy rested expenses oan 26538 paz sera? smo] uosise Jssomer expenses, spast 608 oo] 197526] aan] a0m13 otal exseses zai0is| zee | ——aamas| ——-sasa| ——snass | a 5 rote tax asia] asooss| __asenas| savas] sasnas|_snses.ss 6 frnerpense (eter nate} ssaso 1509 vos] snes] 108m] aszaaa 7 |ret prot orth period yer (5) aise] aoaeas| name] anann|agmas|——aaanra 8: lomer comprenersve income that wil ot be relia prot oo sRemessremertof the ine bene pans 195 (809 (7a 20 0758) 80 Se eras osm 2005 so7 (eso) saa (0221 [ter comorenensve (os) /ncome rtf tae 1a .) fr) a2 246) as? 4 [rt comprehensive income aft ts 748) 21%629| _rgasos|_asor10| __asezs|_a4ms70|_a.s0 10 fis vn ecity snare cat fee ee ee ee os |(face value per share 210 each) : ts r er — eserves exci revtaton saamas 1 earings pr equity share ace vn per share 38 ech asc an ues earings er equ share) 240 195, aa 40s 268 sor [nor annuaie excent etaNotes 1 ‘The above financial results have been reviewed by the Audit Committee ané approved by the Hoard of Directors on October 18, 2019. The financial results have been prepared in accordance with the recognition and measurement principles lid down in Indian Accounting Standard (IND AS) prescribed under Section 133 ofthe Companies Act, 2013 read with the relevant rules issued thereunder and other accounting principles generally accepted in india ‘The Company operates only n ane Business Segment i. "Depository Services", ence does not have any reportable Segments as per Indian Accounting Standard 108 “Operating Segments Based on the assessment order received during the quarter ended June 30, 2019, the Company had written back an amount of ® 174.10 Lakh in respect of assessment year 2013-14 and the same was netted off from tax expense. Further, an amount of & 223.45 Lak, received as interest on refund has] been included in other income during the quarter ended June 30,2019 and six months ended September 30,2019. ‘The management isin the process of implementing IND AS 116 - Leases. As assessed by management, the impact isnot likely to be material Figures for the previous quarter/perid / year have been regrouped / reclassified and rearranged wherever necessary to correspond with the current aquarter/period / year classification / disclosure. For and on behalf of Board of Directors of Centra DEPOSITORY SERVICES (INDIA) LIMITED Wil Managing Director & CEO.‘ania Dapostiory Servews Via) rived ‘IN: L67iz0NHi9970LCI32443, Balance Sheet as at September 30,2019 (ein tak partictars ert eee 30.09.2019 31.03.2019 assers 1 |Non-curent assets la. Property, plant and equipment e084 7033.7 lb. Other Intangible assets 145.29 18875 le Financia assets, 1 Investments in subsidiaries 6,230.00 6,230.00 1. Other investments 2349199 36,599.08, 1 Goans 337 738 ii, Other nancial assets 14883 745.15 Deferred tox ase (net) 37129 234508 Je. Noncurtent ax asets (net) 31326 116736 It Other non-urrent assets 38.00, 45.08 “otal Non-curren asses esa 65 SEa61.03 2 |ourrontassots la. Financia asses i. Otper investments 22357539 5.65498 i, Trade ecevabes 1.79398 97979 ii, Cashand cash equivalents . 86.87 25760 iv. ankbalanees other han (i above 1.97538 1.52635 wv toans 682 124 Wi. Other financial assets 105.85 500 lo. Other current assets 41615 26331 Tota current assets 36300.28 5799.17 Total Assets (12) Eas 20020 QUITY AND UABILTIES | 1 equity J Equity sare capital 10,450.00 10,450.00 ln. other Eouty 43,002.29, 43,203.35, Total Equity 53,452.29, 58.253.35, luapiumes. 2. |Non-current abilities la. Financia abies Other fsa abies 103.60 8129 lb. Other erent itis 749 2455 Total Non-current bits T.o9 95.55 2 |currentiabitties la. Financial tables i Trade payables Total outstanding dues of micro enterprises and 154 small enterprises Total outstanding dues of eretors ther than miero 4615 nan ‘enterprises and smal enterprises 1. Other financial iaelities 490337 469.6 lb. Provisions 1537.76 962.75, Je Other erren ities 5.237 95 1,399.00 J Curent taxtabilites (Net) 235.28 356.74 Total Current tables 7530.51 510.90 ‘Tota Equity and Lables (14202 Cr 3020enial Depository Services ia) Uri Cn: Le712OMNADS7RLCAI2AKS (ash Flow statement forthe sit months ended September 30, 2019 (intaiy Forte Tortie anricutans sicmonthsended | sitmomths ended | . 309.2019 30.09.2018 "a ASH OW FROM OPERATING ACTS = raft for he ea =m S798 55025 asters or ie [Sepeciton and Anoriaton emene a aa (Gam on sae oral of Property pan and equipment and ange 19) (236) ase (Ne Provision fora and comscasaed Snes a az] interestncone 8.4] “az [Dvdend name 7.36) Net gan ating on nda at mesures a RTL Tse) 7082 Imgarmenos on financial set/bad cbs writen of ‘000 tual aby econ 1202) rs alin oft before working antl cha ‘e067 aan ‘Moverens waning cia [incest /Sereee i ede recaBlE SCE ia [ncrese/Dereate naan and oe ie sat goa [incense] / Decrease nother nancial at 1.6] ea Incase /Ioecressel invade aval oe aa increase /oecrestl in grovsons 1.9 2673 Increase /{becreas) in other fnancal abies a 331730 eter cure labier eau [Gaahgenerated Yom operant 76437 rar: [Dect tees gid (nt of ean essa] 057i] ‘et cath generated em operating even Tas was 1a ASH FLOW FROM INVESTING ACTIVITES (ened ae Purchase of propery pnt and equipment tangle aes aaa re) sod cool advances Proceeds rom sale of rope, plan and ease a3, 33 urche of eetments TBs. T5301 Procees rom sale of vests arse Sastse Investments ued depots wh ans 8.19] 105.9 Proceeds rom matury of fad deposits wih Bas 15553 755.00 interest eceved 25806 Hot [Dvidendecewed 736 et can edn generated am nvesing nevis easy ria), [iden and tne ad thereon EL EON et cath ued a nncing ati a) aaa et eee ners neath and ath eget (BC) aT ions [casnand cash equnaents atthe Begoning ofthe period 25180 0.36 (Geatand ah equal ate do the period ™ isa 7 sa] + cath an cath equalens at the nd of the period compres | [[coavontana ae oH] iLcheavesin hand i Ssanes th Ban in Curent Accounts can Taz 4. The cath Faw Statement a en prepstes under he ndict Mato a st ut indian counting Sar 7a Flom