Deltronix India Ltd | ..isaswéééd.wttétdzé.w..wdw 3gnd Annual Report TOGETHER, BUILDING THE FUTURE.YOGESH SINGHAL & CO 104, 1st Floor, Block IV, CHARTERED ACCOUNTANTS Ganga Shopping Complex, Sector 28, Noida- U.P- 201301 Mohile No - 8826237739 co esu Smail:yogeshsinghalca@gmail.com ‘nseperdent Auditor Keyort ‘eltrane nal es. Report on the Financial Statements We hve sutted the accompanying thnareiel sentemeits of Deltrorix Inia td he Compuay") which campus the leaner Steet a5 ot March 21, 20%, eash flaw & te Statoment of Profit and Less for the year then endad, and a sarmenary of sgrifeant accounting paliies and other exalaratory infermatin. Managements Responstilty for the Finanztal Statements The Company's Goard of blreciors Is responsible for the mailers slated ih Section £34(8) af the Coapaaiies Ast, 2013 ("the Act" with respec! fo the arenaraton of these nanciat statements that give ate ard fal Vow ef Us finareat potion, firarctal perfermanoe and essh laws af the Cormpany in accordance with the accnanting Principles generally wexpted in Indl, ineluing the Accounting Standaetls spedtled under Sectan 135 of ae cl, Feod with Rule 7ofupe Companies (Recolzt) Fules, 2014 ‘This resnorsitty alsa Includes maintenance cf zlequale scratinting racards fn atcorlance will ts preuisians of the Act for rafayrardlog the accets of tho Company ant for preventing ond datecting fraucs smd other iregularies; selection se application of approprfate accaurting pullces; maiing Iedgments aa estates that ve reasonable anc prudent; and deago, mplemenistion and maintenance of adequate lateral francial ramrals, ‘hat were eperullg effectivey for ensuring the accuracy and completeness of the accounting ese, relevant to the pronarétlon ard presentation oF the financial steternents that give a Yue and falr View and are free From ralatial mistaterment, whettar due to fraud er etter. Auattor's Responstallty uu responsibilty to express an opinion on these faictal statements fased on cur audit. We hans tale inte account the provisions of the Act, the accourcing and axeiting stander mac matters whieh are required to be incluced inthe oud report under the provisions of the Act anu the Rules rage there under, We conoUStES Our aust #1 acanntance with the Standard: or Autiting speriied undor Section 143(10) of the Acl, Those Standards -uyuirs that we comply with othleat requirements aad olan and verforin the audi te abtain reasonable assurance ‘auvu whether the financial tatamentsuts free From material misstatement. fn sult involves performing procedures to altaln aude saldence shout the ameunts and thy alsclastres in the Stance statements. The procedures selected depend on the allio’ judzment, including the asseccrnert of the Fisks of material misstalanvent af the dnansal siatanwents, vhether dee to fraud or error. I: nny those ese ‘assessments. the auditor consllers intemal franeal ceatioireiavant to the Company/eacepzratien ofthe nancial statements thot give a Lue and fir view in arder ta design sudit procedures tht ate nppruziate in the ireumatones, but not tor the purpose of expressing an oulufon on whether the Ceenpaay tas In place an ‘doquate Internal financial contiols system over financial weperiing aad the operating effectiveness ef such contrais. An ausit also Hicludes evalucting the appropilateness of the accounting polide: used and the Teasinableness of the accountlag estimates rade by tka Company's Directors, s¢ wll as ovaluatlog the oUarall btessntstion of the financls statenuats We below Uist she audit evidence we lave ovtaned Issuntcient and appropiate to arovidle @ basi far our suit option on the financial staxamants Opinion’ In our ovdnion and Lo the best af aur ligaraitien and aécorfing to tha explanations given to us, the aforeasid Finsiol statements glve the Information required ly the fctin the manner 0 requlrad and give a bue a fete ‘nw in conformity with tne sccoueting prineples generally acepred tn ta, ofthe state ef attrite ofthe Company asal March 31, 2018, cas low & Is and Prarie Loss A/C [opstmeager ended on that dateYOGESH SINGHAL & CO 104, 1st Floor, Block 1¥, CHARTERED ACCOUNTANTS. Ganga Shopping Complex, Sector 29, Noida- U.P- 201301 Mobite No - 8826237739 -yogoshsinghalca@amail.com_ om “Vejont on Dever Lago and Regulatory Requirement 1s AS required by the Corearies (AUHiLa's Naport) Orde, 2026 ("tae Dicer"), as amended, esued by the Centra Government of Indl fa terns of subsercie [11) of s#ctlon 143 af the Act, we give in the "Annexure At = slnbement cr the srnllers spree! In parageaahed aad 4 ofthe Order: 2. As eagated by suetion 142 (31 ol he Act, we report that \We have sovght and obtained all he information anu! explanatloas wick 20 the best af eur tnowiedge anid belle! ware necessary forthe purpese afaur aedit; 1. tn our opinion proper beoks of account as required by 4aw have een fet by the Company so far as it ‘appear from cur esariration of thare books; The Batnce sheet and the stacemens of Frofit and loss dealt wit by this Kepert are i agreement vesh the bocks of account i. tn our opinlen, the sforecal finance staternents comply wth the Aecounting Standards specified ander seztion 222 ofthe Ack rodwrth fule 7 of she Consponies(Anccunts| Rules, 2014 2. Dn the basis of writien representations received from the ditectors as on March 31, 2016 taken on recat bythe svaré ef Directors, none of ie oleclors fs dlsqualfed 38 en March 31, 2006 fram Lena appeinled asa dlector In terms of Section 164 (2) ofthe Act. F.with respiact fo the adequacy of the internal fnancnl controls aver fnancal rsporting of the Company auc ve operating elfectveness of such comers refer ta cur separate negort “Annexure BY, G. With respect te the other matters to belncluded In the Audios Repost bh aeuonfence with Rule 11 of the Companies [Audit ané Autitors) Rul, 2918, in our opinion and to the best of our mfarrration ane ‘according tathe explanations gen te ve 1. The company soos no: have any pending StigaLors whieh would Impartits Hirerctat postion, B,The Cumpany dld ret have any long-term eorkfacts Inhiding derivative’ céntratts for wich there ‘wore sary materlal foreseusbla losses, iii, Tiere mere no arrounts which were required Yo be taisferred to the Investor Ecucation and Protecllon turd by the Company. bar vepuch Singel & Company Chartered Accountants FRN- 914275C rages mar Propriator ‘Memhershin Wo 088854 Placa: Naty Dall ats, 06.09.2006YOGESH SINGHAL, & CO 104, 4st Floor, Block IV, CHARTERED ACCOUNTANTS Ganga Shopping Complex, Soctor 29, Noida- U.P- 201301 Mobile No - 8826237729 emailyogeshsinghalca@gmail.com Tranenure A tw he inieperdent auctor? Report Reterred to in parcaraph L under che heading ‘hoporLon Olhar Legal & Reguistory Kegulranent of serapert of ven date fo the fiiancial statornnots af the Compary for the Yur ended March 3, 2026; 1) a} 19e Company has maintained proper records shoe Full puricuats, reluding quantitadle deta anciskustle of fred asserss {lb} Fhe Fixed Assets have been physically wee by the management lau phased rmanmer, deslened to cover il thet ever m perio of thras ya's, which Iv cur oplnlon, Fussomable noving reget! 70 Ue size of the compatiy and nature ons business, Puesuant to the alogram, a portinn of the fi asset has been physically verte by the management during the year and ni material disereranctes Jbetween the boals rears and the physical fixed essals have been noticed, (c) Thathe deeds of inmevable properties are held a the narne ofthe competi. A)> fa) The managemenithes conducted the physical verification of Invent st reasonable intervels, 2) The dstreaancles noticed on physical verification of the Inventory as cempared te backs records which has beer properly desit within tre hooks of acccunt were nat ateral 3) The Company bas not arantad any lnare, excwred oF uniucuted 9 companies, firms, Lined! lability Partnerships ot other parties coversd Ih the Register molalelned under secton 189 of the Ac. Accordingly, the provisions of clausa 3 {I} (8) co (L) ef ane Order are not applicabie to the Company ard letwce not commented upan, 4) In aur opinion and actarding to the information ard exalznctlons xiven to us, the company has net ranted any loans, vestments, guargntes, and security hence provisions of vactlon 285 and 186 ofthe Companies Aet, 2012 ore rat applleable 8) The Company tito not accepted ary deposits Tam ihe publ and hence Une dlrertves issued Dy the Feserve Henk of India and the provsions of Sectors ‘9 to 76 oF any ather relevent provisions cf the Act ‘one the Companies (AczopLance of Deposit) Rules, 2025 with regard tb the dupasite accented fromm Lhe bubllc are aot appiczbe, 8) As informed to us, the maintenance oF Cos: Retwrds has rot Dee sperlhed by tne Central Governvrent Uncer subsection (1) of Section 248 ofthe Act, in resnact ofthe actives carried an by the company. 2 (al According to Information and explanallors given to us ard on ths base of our examination of thabeoks fof account, and racords, the Company has hay generally ot regal I cepositing undisputed stalwiory Sues Including Provident turd, Frplayoes Stale Insurance, incorne-tag, Sais tex, Service Taky Duty of Customs, Duly of Excise, Yolue added Tax, Cass and any othar statulery dues with the appropdeke actherities, Aewordng to the information sag eaplanations ven La us, no undisauted amounts payable in respect of the alnve were in artaas as at Merch 32, 2915 for a parle af more chan se months fra the date on whan they koa payable. 1b} According te the Information ard cxplasasen given to us, there al pa dns of income tas, sales ca, sorvce Lax, duty of cstorrs, duty of excise, value acuul tex qutstandig ot ascount of any eDspUte, [aire at | ator oPdbes | anon in| Poss to whith | Forum where States Diente rolled cteputsepending Ineaye Fr Aet_f eam Tor [1s 8252499 —_T av2013-18 Tar a 7} te sur opinion and ated to the nvonnstion ant exslatons given fo 4, the Compary has a due installment of loan to the tasks ciring the year to the tune tha repaymant af duce to banks, The Company has not takan gay loan elther fen nancial lnsbeutlens ur orn Uke Rovers and has 0k leued ony debentures, 5) waves upon the suslL provecuras performed and the lafrmation are! explanations even by the inaragentent, the sompany has not ralsed moneys by way of Initial peble offer ae further pubte ofr ‘clad debt instruments and terrn Loans, Accordingly, tha provlgiens ef c'aure 2 (hs) «f the Order are ‘08 applicafleta the Camrpany and hans sel sammmaated pesYOGESH SINGHAL & CO 104, Ast Floor, Block IV, CHARTERED ACCOUNTANTS Ganga Shopping Complex, y 10) 1") 12) 13} 14) 19) Sector 29, Noida- U.P- 20130 Mobile No - 8826237739 yogestsinghalea@agmail.com Laced upon the aut pracedures perfermat ané the information and explnations given by lie mahagement, wa reacrt thal na fiaud ay the Company ot on the rompzry by ts officers or employees ‘na: bean naticedtor eaported duving the year Rosai upon the audt procedures portermed ané the information ond sxplonations. given by the -maniagernani, po managerial rernuneratian hist been gall! or provide? a8 per seetion 17 read with Schedule ¥ tp Ge Compas Act, 2003; {in our opinion, the Company Is not a Nidal Company. Therotore, the provisions of clause 4 (all) of the Order arent applicable to the Company. In ote opinion, af transactions with the related pores are in compliance with scetlon 177 ard 188 of CGerupenics fel, 1H ane the detalls have bch disclsed in the financial Saterments as required by the apalicable accounting stantards. Based upon che audit procedures actéormed and the Information and explanations giver by the management, the company has not made any preferential allotment or prfvate placement of shares oF fuly se pty convetible debentures during the yore under review. Accordingly, the provisions ef close 2 (al of ihe Greer age not applicable to the Company and hance net coramerced upen. Based upon the audlt preceduras perfarmed and the tnfertvallon ar ‘explains glen by the Imanegentont, the company hos not entered Into any nervcash transacllons with Ureetors af peesons connacied with hie. fecordingh, the provisions of claucn ¥ (ty) of the Ordar sta nat applleaa ta tha Compary and hance not comexented spon In our opinten, the canpany Is not requ to on reghtese under seriou 85 In of the Kesetve Haak oF Inia ct, 1994 and avcordndy, the provilons a! cause 3 (wi) af tbe Order are not applicable to the Company and hercenot commentad upon For Yogesh Singal & Company Chartered Accountants FRM 9140750 Yogesh kun Proprietor Membership No.058054 ace: fet Deli Date 06.09.2036YOGESH SINGHAL & CO 101, 1st Floor, Block IV, CHARTERED ACCOUNTANTS Ganga Shopping Complex, Sector 29, Noi Mobile No ~ 8825237739 geshsinghalcag@gmailcom email "Annextre 8” to the independent Aucltor’sRepert af even state on the Financial Statements of Dattani dna limites eport on the internal Finercal Conirols under Clause ()) Of Subbsection 3 oF Seetian 143 af the Companies Ack, 2013 ("he Aer") We hare nudited the interoal financil conteuls over fae seyuiting of Deltroni tka Erited "the Company") 2 01 March $1, 2016 la canjuacticn with our avd of the stand linaneal staternenls of the Company for tlie year ences on tha dave ‘Management's RessansBllty fer Internal Finavetel Controls 'he Company's management ls resporsite for estaulshlng and realntetniy Inter final controls based en le internal corte aver timancial reporting aiterla establshed by the company considering the esseatal Caingonests of intamal contol stated in he guldance vole on Aude of Interna financial contre over Financial Teacrling Isusd by the institute of Chartered Accountaats of leds. Those rasponsibiitie inchidy the design, Implemertarion and meintensnce of sdoquate Indcran| fancial extra’ that were operating effecvely for srsurirg the oederly ond effident conduct of Tes business, including aiherance te eompany’s pobicies, Lhe sefeguerding offs ossets, the preventiny anu detection af frauds and ervrs, the accuracy and erapleteness ofthe ecosnting records, ard the tenely peeparation af liable finaneal Information, asrequlred ides the Counpanies Ac, 2013. ‘Auditor! Responsibility ar esponsibiity%s to express an opinion en the Company's Internal flnancal contrets over fluurclel senortina ‘based on our aucit, We conducted our audit Ir accordance with the Gidance Nate ch Adit of lateral flranctal Controls Over FHaanclal Reporting (the “Guldene# Nete"} ars Bie Standards on Auciting, sued by ICAl and Goxmied to be presedhed under section 142(30} of ha Companies Ack, 2012, tothe eaten apploble ten audit of internal fhancial ceneab, both appicabla to am aud of Internal Financial Conurols and, both ASued by the Institste of Chartered Acxountarts of nda. those Sterards aud the Gudanca Mate require that we comply with ethical reqpirements and plan and perform ths aueit to abtain reasonable assurance ghaut whether adequate internal financial controls over fnancial reerting was estallihed and masntsinws and if such emntrob opercted wsfaellvalyin all natorialvexpects, Dur. audit Involves performing pracecurs to obtsin aust evidence abot the etleyuacy of the Intsnal financial controls stem aver Finacial reporting and thelr operating effectiveness, Our suet af intemal finaneal central: ver Gnancial reporting included obtaining an undevstanding of Internal Fnancial conseuls over Fhandul reperting assessing the rise thet a metertsl weakness syle, and testing ond evctuatiny the design ani? operating effectiveness of Internal casteol Ueved on the assessed sk. Te procedures sifecleet depend en Uke auditor's jvcgrmeet, inclusing the assessment ofthe sks of mztarllelsslatement af the fnandal tatements, whesher due ' Faucererr: We belive that the audi evidansn we hava abtairod is sutficieal ard aparepifate to provide a dass for our aud ninion on the Genpany’s intemal Fnandiaceatiob system ove’ ancal reset fa U.P 203301 | i iYOGESH SINGHAL & CO 101, 1st Hor, Black 1V, CHARTERED ACCOUNTANTS Ganga Shopping Complex, Sector 29, Noida: U.P- 201301 Mobile No - 8826237739 ‘omail:yogeshsinghalea@ gnx ‘Meanhig of Intatnal nancial Cantrale Deer Financial Reporting A veorgriy$ Internat financial contel ever financnf reuerting|s 4 process designed to provide zeesonable assurance Fegarting thu svlisbifty of financial ceposting and the areyaralian of nancial statements for enteral purposes ly aceordanee with generally accented accauith. pinsines. A company's internal fancial eontrsl aver Favncial reparting trcludes those polices and procedaro: thal (2) porlsin ta the maintenaace of veearés tat In reasonably detell, usuurately and ily reflect the wansacdions and dispositions of the assets of che company; |2) provide reasavale assurance that transactons are Focorted as ecessery to permit preparatian of flaancal steteunel in accordance wih generally acceated aosoustlng praeiples, ant ‘het rensipts and expeaditres of Ure company are being made only i accurdance with autharzatiors of management and directa of he corapany anid £2) neenida Feasorable assulanee regarding prevention or timely detuclian of Unauthorized newuisifoh, ue, wr Jlspasivon of the comeany's assets hat could have a material eifect onthe fiianctal staterneats Inherent Lintations of Intarnal Financial Controls Over Financtal Reporting Because of the Inherent linitztions ct internal financlt conteals aver finantil roporting, includ the possiblity ct calhsion or iraproper management avertde of cortrale, material miestatariatls dvs to error or Fad rmay eccur sand net be detected Also, projections of any evatation of the internal fnancte controls over financial reporting ta future period: are sabject w the tsk that the Internal Nnancial conttel aver financial reporting, may became Inariequate hecause of crangosin conditlens, o thatthe degree of eamaltance wih the golicies or procedures may Hetertorat, Opinion In ou opinion, te Lammgany has In ak miateral rexuects, an adequate lnternal fhandal cartrels systern over firancai resoiling and such ingemal financial contrss over fisancial reporting were opeeating eferbuely 25 af March 31, 2016, based un the intemal control over fae renorine crtela astabtiched by the Company Concidering the except eormpanents ef intereal contre stzted inthe Guleance Hots Sn AteliL af Inferal Financial Controls Over Fnanelal Keportry tsued by the Institute of Chartered Acounlants of India For Yagest Sigal & Comoany Charisend Arcauntante rn -unae7se. ‘Yogesh Roanar Propicter ‘Meurborshla No.csegsq Place: New Delhl Dave: 05.08.2016DELTRONIX INDIA LINITED Balance Sheet as at 31 March,2016 Particulars Note | As at 21 Mareh, As at 31 March, No, 2016 2075, _. eo . aS. © EGUTY AND ABIES i |Sheteholdars' funds i | PG) Shane saptal 1 3202.44,500 7 2300,41,600 { @) Reserves and surplus 2 2486,68, 588 2706,04,837 60,0068 309,48,037 2. |sharo aplication money poring allotment 3. |Non-current rabitties {6) Longterm boirowines 3 184,58, 561 8960.06,420 {6) Detered tae lilies not) 364 38 96,420 4 jourrent Habitites {o) Sharetenm borrowings 5 3788.24.28 3898,68.075 {b) lrede payables 6 2008,08,984 (2178,89,583 (6) Otter cireant ables 7 4979,40,790 ‘200.20,887 (e Shoreterm provisions a ___83,93.150 [7 "¥480,35,633 | 7a7a72,735 TOTAL, 71966, 25,558, ass, 16,402] 8 [assers i |Non-current zssots {31 Feast aspott {0 Tangible aezote 9 1289542,616 12667,26.687 (@ Intangible assets: g 27 84,507 (34,04,178 {ili) Capital work-in-progress: - 412199,27,628 12716,61,078 {b) Non-currantinvatmonts 40 2e2s4ge 730,63,780 jc) Longeterm leans ard aévancos " 2486-25,077 {6) Gofsred tax Assots (net) 4 572,49.988 (e) Other non-currant asseis = = 5E5 BG EST FAT ATA current assets 4) Current mvestnents : - b) Inventories 12 209,95,728 744,29,758 (c) Trade recsivablos 13 4t97353,600 546,03,208 {a) Cash and cash eyulvalents 1" 9,95,47 36,21,087 {@) Short tezm toans and advances: 16 1273,54,138 1499.91,189 (f Other current assets 18 jooazso1| 661,470 B105,41,783 Foa9.07.262 rorat| hots forning att of the Hnancal statements 1s = For and behalf of fe kanré of drociors fn lenis of eur report atlached Fer YOSESHT SIRGHAL & co. Charred Accountants IFRN 014275C Woe Lag net l pee rte fh Kap. cupra SEPALLGUPTA Seah) managing birecior Joint Managing Olea Nogesl: Kiar) {Propreta) . , oe to, 098954 a v be), (ares Washoe alash ath Place : New Dali Carden Secretary hound Date :06.00,2018 Merbershig No. a 32808 roDELTRONDK INDIA LIRRITED ‘Slatement of profit and Lose for the year ended 91 March 2098 Patina Tate] Forte Veor | Foriho Year No. | ended enced | at March, 2010 | 91 Meret, 2015 : : = Be 4 [Revenue trom operations inst) a7 | soaxera7«| 7500.46.201 2 omer corns 18 2osea! 64,460 2 frotat revere (142) ese Toi] 724a78,395 4 [espensos (2) Cont of mata consumed 190] suivenrer} — se1g,a700 (b) Gterges ininvontarcs of frished goods BWP =| tap] tza60.6a] —t0a77-785 (3) Employee Compenselon & Denefts | 20 sieroz0| 522,996 6) Fitance cows a yoo26.996] — 1001,19.477 (@] Peorsciation and amotizaion expensa 8 s09.tesa) — s0415.000 {0 Other exponses, x| — aorrarssr| iemonew Total expenses: BR77,77,415; 7943,91 574 5 [Profit / (Loss) before excaptionat and extrsordinary iten's| (241,85,620)] (699,13,181) Jannd tax (2-4) 6 [exceptional tems ion.a9es}] _(217.80,520) 7 fobs ems) bafore eremcrinary lame and tx {6 26) [—Baisaoeay pier. 734y 2 |Exroordinary ters = = 8 [Profit / (Loss) before tax (7 +8) "eae ie TATE 10 [Tax Expenso for current year Curert tax expanse - Less : MAT erect omiterrents sot Cuiront Tax — = or) Deferred Tax Liability (Assets) (AS 22) {102,68 406)| (494,08, 076] 12 frost. for ne yartaton te saooe & Supls (0404 i —aanseaay cea Seae] EPS (Basic/Diluted) al 50 2.68 in tors ct curreporl atlached For and behalfof the hoard ot diractons For YOGESH SINGHAL & €0, Ichatered Accountants IFRN- O1e2756. ran eel RAP GUPTA OREPAN GUPTA viene Diector ‘ireter (Yogesh Kurta] i (Proprster) du} “=| bine ose ws up Dy _ ie Kailash ath Place :few Doli Curnsany Secretary Chaturvert Date 06.09.2016 Menbelsiip ne, 8 325u5 croDELTRONIX INDIA LIMITED. Balance Sheet ag at 34 March, 2095 Notes forming part ofthe financial statements Note 1 Share capital Partientare eat 31 March, 2016 ‘As ati March, 2005 werent | weep, | Bombers? | gree, | [stars _| shares i a hionatet i FFepity Sheree uf Ho. 10 Goch with vating righte 200,900,010] 2000,08,000) —209,00,000] 2000,90,000} ; Cetiony Conwedbe Preference Sharos Rs, 100 each zo.00.0o] 20rn.ae,ov0) —2o,ca,n0n] ——_2000,900¢a sraia)” ZODOUGD] saa] "SED, UOaOUF 4B By fr) kestrel ~ i Easily Shores of Hs, $0 each wth vatng sights toasasea] ——1393.44,600) +383, nf optional Comertbs Preference Shares of Fs, 100 each nyneco| —_eav0.gc,on0,__as.n.900|__z000,00 004 sraa|"TaU Eo] —SonRe suo} — Vee] — ST ea ic) Sunserbed and fully wale ue ~ Ensity chavo of Fe, 1O.aach wth voting tats 192s1e0] — sgvea1800,139,84,150] T3841 sco] lopionaly Gomerbie Peeve Shares! Hs, 100 each wsocn| 209000, 20,00) 2000,00,000 toa) fesse iso] ss0at500] 159.54 t50] 2980.91 09DELTRONIX INDIA LiMiTED Balance Sheet as at 3° rch, 2016 Note 2 Rosorvas and surplus _ Particulars ‘As at 34 March,} As at 31 March, 2018 2045 _ _ . _. ae Rs. I (a) Securities premium account : poring balance 58,0000] #55,00,000 dg]; Promium on shares is Closing balance '885,00,000 285,00,000 Ls General eserve : | Opening balance 54,31, 188 AZA BEANE Add: Transferred from surpius in Statement of Profit and Loes . 7 Less: Utilised / transferred during tha year - Closing batance "84,37, 168 224,59,448, {c) Foreign currency translation reserve Opening balance 85,81,477 452,859,451 Add / (Less): Effect of foreign exchange rete variations during the year (266,77 974) Closing balance [958447 | (cd) Surplus # (Deficit) in Statement of Profit and |Loss ‘pening balance 4710,92,173 | 2513,07,386 Add: Profit (Loss) for tha year (239,36,.980)| _(422,67.68! Less: Final / Interim dividend - Dividends proposed to ba distributed io equity sharaholdrs - Previous Year Depreciation {(748,75,789)| Tax on dividend ~ MAT Credit FY 12-13 ~ Traneferred to: General reserve: - Closing balance 171,568] — 1940,63,012 Total] 2466,68,558 2706,04,837Balance Sheet as at 34 March, 2016 Note 3 Long-tenn borrowings: Particulars ‘As at 31 March, |As at 31 March, 2016 2015 RS. Rs. Ke) Term loans (Secured) {Brom banks — (Refat Note 29) (From SBI & PSB :Seoured by Personal Guarantee of Dircotors & 5029,76,000/ 47a0,02,598 (b) Ventcle Loans (Refer Note 29) (From Banks & NBFCs : Secured by Hypathecetion at the Vehicte |___75,96,817 [___s204.24,600) — 4865,00,343] (c) Unsecured Losns From related party (Refer Note 29) 7136,19,520/__ 1720,48 644) From Others 7304,20,231| 2404.51 437} Total! 8644.58.61 | ~~ §330,95,420 Hote 4 Deferred tax liability Particulars ‘As af 91 March, [Ae at 1 Maren, 2ot6 2018 Rs. Componants of Deferred Tax Liability ) (Asset) = Jon difference between depreciation as per Companies Act and cepreciation! — (674,77,604)} _ (872,19,288) es per Income Tax Act Total (674,77,584)| —(672,19,288)| Note § Short-term borrowings Particulars As ata Warch,| As at 1 March, zoe 2016 = — Rs. Rs. Loans repayable on demand (Secured) From hanks Working Capital Limits iram PSB & SBI 3789,14 225) 368,68. 075] (Secured by Prinsyy Chatge over Cunont Assets & Coleteraised ay charge over ater reverie? imoveabia assets of the commary & also qiarantand by Piresters) Total 3789,24,225] __2698,65,075|Balance Sheet as at 31 March, 2016 Note 6 Trade payables Particulars Re a Marah) Ae ab 34 Waren m6 2018 Rs. Rs. To MSE Enterprises 7 [Fo Others: 2008,08,981 2176.53,698 | otal! 2008 60,901] 2176 80,633] Note 7 Other current liabi Parficulars [As at 34 March | As at 34 March 2016 12015 Rs. Rs. i Statoiory Dues BIG, 162, 368.05 307 (i) Payables on purchase of fixod assets 926,42,151/ 927,55,940} i) Employes Payables 54,80,130) 29,79,758] tis) Exoenses & Other Payables 41321118] 313,753,422] tv? Advnace fram customer 280,45,287| 179,901,552] (v) Payable to Service Providers & Others 25,000) 75,000} Totall __7675,48,790) __7209,28,987 Note 8 Short-eim provisions Partiodlars [as at 31 March [As at 31 March, . 2016 2018 Rs. i () Provision for tax f( Refund Due} '99,74,049) 289,83,130] {@) Provision ‘or warrenty - : 7 89,74,643] 29,03, 130]eile Bete Tegra wareyae [narerer, Per eee oe ase peas‘, higieu's ws'sey, Jonesy Couey eremyog wenduiog : ‘STESSV STS WIM zeae get ZiseP aoe ssrottire Taisssvoe [eee'eroesg "er ey JeS5) [sp i@ca —] STP OE VST Fae] zoo 'se2 boae'eze seve — fizoursl — | zav'eo'eaz | avetez'ese ene'ez'oae serotsan| vores eet peeorzel oapc'sat nan ze's ssrrovog: | otcortare — oos'aze — face'or'nnt jweurenb aci:o' sem i { fait a sncsteyscsul son'ts'isst eie'bresei covasene — [ec'eesz —feseve'voez | osie'eese! | ansee'ae | poe'es‘escer ‘Ueulces poe Wald ozs ar'65 bressorz | zag'ue'z sav'es'oze | eee'ostzoe eaves sot suouidojaceg aug pue Suipinat ove'se'zzi - . oveee'zeh tos'se'zz TESTER } Sas nV storcove stor-eoie seme | wena | suazsrte | suoreoe | warn, | aoctouo | ay 37 avsy | olen oH onan ays nna vse 2490718 43N 4oOT8JaN __|_Nouvioaadsa | NoLWosMaan| NouvinaHaa | xorg ecoxs | eyouaay | yoors ssoKe sevinounve| TWLOL Trae ssieBay ‘Hesse POLIO BONBalance Sheet as at 34 March, 2045, Note 10 Non-current investments ‘Re at 31 March, Particulars ‘Re at 21 March, 2016 2015 Ra. Re. Non-Trade Investments 2) Others Investments - 13,40,346 b) Investment in equity instruments ii) of subsidiary ST2AB,A94 472,42,436 -(21X Global FZC, UAE ,40 Staares (Previous Year 40 staves) of Face Value AED 1,000 each i) Others 86,00,000) £86,00,000 - wacorp Hyd! India Lid 4,00,000 Ceuity Shares ( Previous Year 4,00,000 Shares} of Face sire of Rs, 10 each Total 262,43,434| 265, 83,780 Note 14 Long-term loans and advances Particulars ‘As at 34 March, ‘As at 34 March, 2016 2045, Rs. Re. fa) Security deposits 2 Unsecured, considered good 392,09, 146 412,72,798 tb) Loans and advances to related partioe - Unsesured, considered good 1890,77,038 $690,77,038 (Loan & share application money pending allotment oxtended to Foreign subsidiary as per RBI Guicellnas) ic) MAT Gredit Entitlements 188,05,240 188,08,240 Total 2499,56,23| __2468,45,077 Note T2inventores {Ai lower of cost and net -eallsable velus) Particulars Beat H March, | Asati Warn, 2016 2015 Rs, Re. fa) Faw materials 308,42,672 529,15,797 tp) Workin-progess 56,441,724 118,57,897 (o) Finished goods 38, 11,331 103,560,421 ‘40535, 725 748,25,755|Balance Sheet ag at 31 March, 2016 Note 13 Trade receivables {Unsecured Considered Good} Particulars ‘As at 31 March, [As at 31 March, 2018 2015 Rs. Re. Over six months 992,69,01241 — 2951,26,475 JOthers 766,023,938 | 1194,75,331 Total" 4737,53,880] 3648, 03,806} Note 14 Cash and cash equivalents Particulars ‘As at 31 March,| As ot91 March 2046 2015 Rs. Re. (a) Cash on hana 13.50.5087 1470.24 (b) Batancos with banks (@ In Cuntent accounts 23,05,129 23,70,817 (f) In EEFC accounts 23,838 29,838 Gil) In short term deposit secaunts 62,50,16 47.80,181 otal 2085426) _06,21,047 Hote 15 Short-term loans and advances (Unsecured Considered Good) Particulars ‘As at 31 Warch, | As at 34 March z0t6 2018 - we - _ Re Re, (@) Securlty dopestia 222,40,000) — 222,40,000 fe) Patances with Govt Authorities sa0.90,146 | 843,093,625 ie) Advances against Supplias/Services aat.00,705 | — 349,40,178 (3) Advances to Capital Goads Suppliars 98,87,227 25,901,486 Totail "4873.54, 198 | 1799,97, 183 Note 18 Other current assets Pardculars As at S1 March, | As at 31 March, 2018 2018 i Ri Re i a) Accruals {P nlerost accruse on deposits 13,868,248 19,86.248 (d) Others {i) Staff Advance/lmprest 1778918) 48,75,222 Tetal 700,82,607 Ba,81 ATOBalance Sheat as at 34 March. 2015 Notes forming part of the financial statements Note 17 Revonue trem operations Paréeulara For the period endod| For the period ended 31 Mar 2046 3 Mar 2018 ca RS. Baie of Goods Sve ES OTE THESES Sa of Goods & Services (Export) 82,03,492 204,41,131 Lees: Excise duty 837,81,504 839.29,994 Total $005 87.074 7030,46,208 Note 18 Other Income Parteulars For the pariad endod]| For the period ented) 24 Mar 2016 31 Mar 2013 - Rs. RS. (a) interest on Margin Moneys/FDR/ Deposiis ~ 27,05,732 (0) Exchatige Gains 2,20,784 6.27 606)| Ko} Others 3,037 7143,54.069 Total 223,820 164,32,182 Tote 19a Gost of materials consumed Parteulare For the period ended] For the period ended 3H Mor 2046 34 Mar 2648, 2 Re Rs, paring stock Bi, 1e0aF 449.55,008 add:~ Purchases - 389,17, 322 3426,24,449 4344 78,523 Less: Closing stoak 308 22,072 520,415,797 Cost of material consumed 3417,81,777 3819,59,786 Note 49.b Changes In inventories of finished goods & work-in-progross Particulars = For the period ended) or the period ended 34 Mar 2096 34 Mar 2015 KS. RS. althe end of the year: Finished goods 39,11,981 403,50,12t Werlcin-prograss 56,41.724 118.57,897 85,£3,056 222. 44,018 lovertovies al the basinal os - Finished goods 103,56 ,122 197, 44,882 Work in-progress 116,57,097 273,47,201 222,414,019 390,91 783 Net (incroase}/ decreass| 726,60,963, "168,77,765Noto 29 Employee Componsation & Benufits Particulars Far the period ended 31 Mar 2018 For the period ended 34 Mar 2018 - RS. Re, ilaries, wags, bonus & Ofer compensation & TA, 75,262 960,22, 096 [benefits te Employess _| Total BARTS 25G 959,23, 806 Note 27 Finance costs 07, 17,857 | Paiticulars For the pertad ended roy the period enced $1 Mar 2018 34 Mar 2016 Rs. Rs. iniStestexnense on: Borrowings (a) on Term Loan from Banks 549,13, 486 548,11,330 4b) on Working Capital Loan from Banks 180,94,037 189,84,440 tc} on Vehicle Laan 13,84,478 23,80,189 {d} on unsecured Loan 56,53,315 (288,70,548 Total 799,256,316 4021.13.47 Note 22 Other exvanses Parlculare 5 For the paried ended ror the period ended, 34 Mar 2076 31 Mar 2015 |_. Rs, Ra Power and fuel 512,80,380 564,22,145 Processine: ~ - Water 1,80,199 80.470 ont - 288 32.844 Repaire-end maintenance ~ Buildings 6,90,567 73.877 Repairs and maintenance - Machinery 24,92,879 63,67,767 Repairs and meirtenance - Others 62,94,372 33,6,044 Insurance 648,728 16,03,138 Rates and taxes 1,358,309, 584,708 Communication 12,28, 168 16,10,143 [Travelling and conveyance 81,038,817, 174,474,080 Printing anc stationery 711,828 71630 Freight and forwarding 197,27,769 181,241,707 |Sales commission 76,65,929 70,03,280 Business oromotion 848.648 12,08,804 Donations and contributions 17,808 26,306 |l.edal and professional 12,677,464 18,02,029 Payments te auditors 3,70,000 3,70,000 lother expenses 4122:36.316, 107,49.356 1664,02,510DELTRONIXE aE Notes fonning part of Financial Statements Note 23 CIF Value of mmports: fPavtiounes Tear Ravel Mien | ewe Bite) Rta a - ee fs oa ‘pow ais & Conparents 003008 ‘8.0m 03.608 “apital Gootss [ aarasoe |“ aaarcet | he ars © ya84758 | oaanaae me _, Tapieie [area | Note 24 Earnings in Fareigr Currency (Gross Inzome on Accrual Basis) pes ~ “Vose Gnder Murch 31, | Vear Bade March 37, . 26 2018 ons of Gants $65.40, naa bs fpspatorsertaes NIL Note 26 Expenses in Foreign Currency (Gast acts) Patients 7 "Yaar Bred PERT, | Year deal Mares, j 2016 20S } od ‘Freveling aa 12.88.76 IL NIL sited Note 26 Value of Imported ard Indigenous Maton Wat ial ‘Vonr Basel eat Tain! [Wear ened Fewen sh camsumpeue | Marea, 2015 t i. te fp femora 39% 10,29.58226, igermin 50% Note 27 Mitiinumn Alternate Tax (MAT) / Provision for Tax 15.27.58.918 a201i7aet | hd “tne Company as durlag the yous, provides Na current yer tak Eabilly! MAT esleutsted in acconlanece with ths provisions of Sention T1S4AA ofthe Income Tax Ac, 1964 ‘The WAT ereail entlerwin in fespecl | WAT filly forthe cuntect nul earfor yeevs has been aésansed / re — bsesced oe af Vegth st-2015 at ls cliscloged under "Long'Terre Lawn and Adveerone Note 28 Dividend ‘he Company hasnt proposed any uidend dur Iho yeDELTRONIX INDIA LIMITED Notes forming part ef Financial Staleinents Note 29 Long Term Borrowings (ay Vobic Luan. "ha company hat fekon Ls er vaviue bento earng pind 2011 te 2914, These lads cary ius ae FONG 12% ect arsien The Loen ave mew apaine hypobacction of vehlcke pacha, Thess Los are taken or mest Me Sears Mr month Ea (01 Uneourcd Loans Fant Kelne Hartoe {Loans fram Related Patios and Aesuclsos ar leans by Proms and Assorites and are nso natu of Long Team Lone for substantial pete. Long Tem Lanna fram Horoles ae infere! oe anl Fam Sesacites eam iron teh 18% Ber Note 20 Gurrent Account Overdatts from State Bank of India ayo Uotance iy Curent Acosut offs 8.73 Creve & fhe exchange tte fuchaton af FCN (A) Ea Tes Loan ats Wy lwo Company veh eryaliong anh harch 2014 an rll Ove. Note 31 {a) Related Parly Transactions: Tho fofowing transactions wit ihe respentive relzied parties touk place during the yoer mE zee 3 : Tani BT agai Ani lane tua oftreneaciion | Tensastion | Outscanding | Transastion | Outstandin F 1 NenpotParty | Ratu of Trane Vauefer" { “ss joa | Vausfor to | gaat yoor My the year | meted | “jeartRay | “ane tRad L - es) - a, Sera ~ — | TT Keyesrinta i “| Rontpaid ro oT ia oT 2 | Kayser ind PM. 6, [Commi a Traesis | nn | as. ca 3 [Rayreringe Put.” [Tsorant Pig “aaaaor_| 400,505 "| * avoa aot —[—azmone EAT Sani 03. Pott —[Rentpais Ni Ne ci a 1 Manageiel Ramurertiln: ea speci in pita CofSigntieant Asccur Pies & Desiowies ibaa (Nou Surant Ae Transarong) : - TTB etal £20, [Trvasinant mw Eqiy] ii” ayaqaa@e ] nN dad UAE Baces 2 | opt “Gaba P26, ow to oubilday we por] NW | wade fw] am ase Une Ft geen TPO Gita” FIG | Stare soplean naviy |” Aaa ‘sae Uae per Mga 1 Unascirad ante Recs 1 fovea ‘some | onsaoam | oiasaeo | aro2taz 2 | keysoride Pa wae | aib.9oua0 [270 00000 T [ One: Asses ol Braato mL Nt mf © Ohes oe - ‘erin bv. id | Soar pO GRE om a (7 Royer tas Pie_—T"Sugratee phe mt” | sina Taso io " mnotldes feu oxtTarge BuDuIatION Note 31 List of Relatod Parties & Relationship i) OTK Cabal 720, UAE Bubedaary (OS) (i Kayser tia Pvt_L = Aseuudeta Ca (Gl) Sonia & Go. Pet, Ltd, + Associate Go,DELTRONDS INDIA LIMITED Hote 32 Details of Sharsholders holding more than 5% Equi iy Share Capitals Panta Your 2015.t [veorsowts | ae 1 4 ° 1 Number of shares £ Pefcentage i Number 2 | Percentage j a] seen cen | ‘aol Gupta i 11.09% | 16,90875 11.98% Deppal Gupte 1794760 vanme | raars0 | 12.80% KO 8 Bone HU) Bed per visaems | Rom Kayser Indie Pytess 40,00,000 ZBI 42,0000, varie | Sonia Go. Pt te i6,70060 vi2m | 48,0000 | 427% Haran Quen vo90e0 729% rsoo | 7.80% Xoral Gap 361,000 6.10% aime | 810% Note 33 Karnings par Shara (FPS) ~ Ys Parte woes 206 Pott tere 2389820 Leos: revs You Ad i ‘i cw [290,99 280) (No, ofousansrgeauty shares as ayer en o 1eeae09 Wi Sado ZFS bese anne of estindng way here 12 aon end eames ees 90 | Wetttot Average Nba feuty shee | Gagan tte yor © 1.9.04,160 | dh) Beals EPG based uirwelehted avorage na. of cqulty Seas tattandog try em ey (189 Note 34 Excaptional tom Vea Grd | Yaar 4,22,97,806) } a eanerss, 18.180 60) 7d 199,94, 198 2.85) Paroaar Taga pea Year ned Sach Your Ende Witch Total cee 528 3 z0H8 4400,00,065) (21780.580) (109,09,065) fet7.80.680)DELTRONDX INDIA LIMITED ‘The Company a8 not recuived ary infarestreimbuceamord fom ite aubticiry, An ermount of Po 1.01 Cr rpirenenting interest on borrowings In Fea ul, thus, es timen shown a2 oxinytienl ito sic the Sante i a tated fo oparalins of the cerapany. Note 25 Significant Accounting Policies & Disclosures a, ® ° o @ ol cc w o ‘he financial sietemenis hava been prepared undsr histaleal cost conveniion end on zecrul bata in necorcance Wilh ere senarétly accepted pinciples end wrovlsans of the Comprniar fet, 2073 am adopted! by to Company. However, certaii escaafons ard ofhor dans which are sot aecerainabla / acknouledgad a not taken inte secant Accounting polices tot specifealy relemed ta allurwise are consistent wilh the yeneraly accepted accxurting pots, Fixed Asses Fixed aocols are staiod at ther original cost, wich ara net af cout under the MOOVAY scheene fncluding fretuht duties, taxes and other ietentaf expenses relating 1 equal ord batalla Cepanditure, 4 any including Preoporative and inforeat inoureed during corsiruction pork Is chargeabe ‘canta work-in-progresa and on cemplction ere allocated epporianed lo Ure respexive tye eovale Lospreciaion on fed assate le pravidad sn straight ne ‘Schedule H ofthe Companies Act, 2012. Iethod on prove basis al the rates spectied Incontery has boen valued after providing for obsolasnence as under: Raw materiel and corpponents ave valued al cast, Workin afagioss ate Valued al eciue vost, ished! Gcods ore vakiod al tower of cost oF net scallsable valu exauiing excise duly, Costs In case of inished geucs Include, malcrial costs and appieable anrsufactuing averheeds. Stores anc spares belig of negligible vali ae being wniten of retuty and superannuation t empleyses ofthe company is aseaunted for on atlual payment. iscallsneous Experriture Espenses for lang fetm fnznoes and produc! develepriant and cost of tal, ura amotised over a elon of 5 years, Inipairment of astets There ace na irepairment ofasse's in ferns of AS.28 issued by the Inslule of Ctartarcdl Aasountants of Ina rangle Aesots Infanalble Assets ave stofed at cust of aequistion fess accumulated anvottecction. Amortetlon fs dene on stalghtfine basis are h accordance with AS-26iseued by'he Inoiluta of Chautoroe Aconuntmils of India Revenue Kecogniion Revenue i rocognised upon passage ofits to he customer, ahicls yenerafy cobicides wb the dalary and Is fi acconenea with the guidelnee issued by tha Inctute of Chaderod Accounlants of tdla, Acourdngy, vuhenever thurs are uneurtsintics, fh the ascertanent or.cualPation of igure, uch as frerest for customers, the sanets accounted far on reset best. Provision for Currentard Defened Tax Provision for ourrnl ex fs rade silo taky Bo consideration Benanis admissible Under fre provslons of be Incama-tox Act, $68 Dofaread tex rexuling fom “ming dilerencx’ beyeen Bonk and taxala polit Is accounted for aing (ox ales ‘and tows that hove been enacted or substanlvely anacead 98 on tha dats of the balenee choot, The deferrad tex go eougrised ond carled(oryerd onto ine een thee so easoratioweteiny ‘het he est Events decaing efter Relanco Sileet dale Lave been consicerad Inthe prepateilon of fell siatomants ln vecordance wih AG-4 issued by Ole kitts ef Chattered Accountants af inka lnvestinents Long Teen Investments are valved al Cost and adjusts year,DELTRONDAUINDIA LIMITED 8 Brovius yar’ fires hase buon rogrraires ? rkassircl wherever necossery tn correspon wih the Curent you's dasaifeation asdocure, G.—Gaontingant Liakifiy no! provided For: NIL F.Anjgunt Bua ta Small Scale Vendors over 80 daye— NIL. As fel Our yep of even date attached Tor YOGESH SINGHALS CO. Porat bebatlel the board ofdinaters (Chartered Accountamns FRN--O1az786, IO pes ceepale Ee pei KAPIL GUPTA DARPALIGUPTA Managing Director Joist Manuing Dieector wept ~ \er a Kallash Nath Company Secretory Chaturvedi Momership No. A¥2205 70 Proprietor M.No,- DRED54 Place: New 1th Tate 06.09.2016Deltranix india ted (a To stator forthe year Ended Mt arch 2036 ese aeitas ‘Cua fos oa Operate Pains So ne tate rasta fuera ‘snes vom veanssa souon Fine can ‘ fe (tote Or none enn fons Ptah lata tee 7 ~ po Spot ete bbatatoa i Gaia Vito cpt gs Gece ese aa le ett tonansza baa Ics Onsen eases pee eral al foe as | coapraou Cah eta tom dpe Soraba tins) eon apt arse Inewenm er eure ca ong ry ten “ ey Aue prs on iarsoats exes 8 eh Fiow taming Atte Suse one Poche ed ee tay fs7208 ‘coun hone na rey ‘et Sate! Oh have Sor os tec baie air 7 poet oe jee Bee Secavae ton nis ir ‘ smvagons Gash er rom Fhanang setter Aue na bets seaman anarsee cabs Yr ane sec tsar Ucn Cn ere hiner oat, oon. fascui onsane Cie ae Pathsadbksincse saws ates {atl ce tom soba at 0} sacar sso Godnceuaee chai iitnese > sins] To iasea ltemofor gta Fora ao bette Fes HA test oat _ Saag Ios Cheepel: o ft och wae corr. seem curls virarcstace “apt owe ¢ reviung aS, sin ts 2S. pare Pee tw Dail th atk Dale e802 “tsfpieder sigh cote lhprsiaeay SS