'J�agica

May 17, 2018

theme park • water pork • snow pork , hotel

The Manager The Manager

DCS-CRD Listing Department
BSE Limited National Stock Exchange of India Limited
th
Phiroze Jeejeeboy Towers Exchange Plaza, 5 Floor, Plot no. C/1,
Dalal Street, Fort, G Block, Sandra Kurla Complex, Sandra (E)
Mumbai- 400 001 Mumbai- 400 051
Fax No.: 22722037/39/41/61/3121/3719 Fax No.: 26598237/38
BSE Scrip Code: 539056 NSE Scrip Symbol: ADLABS

Dear Sirs,

Sub: Audited Financial Results for the quarter and year ended March 311 2018

We wish to inform you that the Board of Directors of the Company, at its meeting held today i.e. May
17, 2018 have approved the Audited Standalone and Consolidated Financial Results for the quarter
and year ended March 31, 2018.

Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015, we enclose herewith the following:

1. Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31,
2018.
2. Independent Auditor's Report on the Audited Standalone and Consolidated Financial Results for
the quarter and year ended March 31, 2018.

Further, pursuant to Regulation 33(3}(d} of the SEBI (Listing Obligations and Disclosure
Requirements} Regulations, 2015, as amended, we hereby declare that the Statutory Auditors of the
Company, Mis. AT Jain & Co., Chartered Accountants (Firm Registration No. 103886W} have issued
an Audit Report with unmodified opinion on Audited Standalone and Consolidated Financial Results
of the Company for the quarter and year ended March 31, 2018.

The meeting of the Board of Directors of the Company commenced at 5. 00 pm and concluded at 8: 1O
pm.

You are requested to take the same on record.

Thanking you,

Yours faithfully,
For Adlabs Entertainment Limited

�\o-.dl�
Madhulika Rawat
Company Secretary and Compliance Officer
(Membership No. F8765}

Adlabs Entertainment Ltd.

Regd. Office: 30/31, Sangdewadi, Khopoli-Pali Road, Taluka Khalapur, District Raigad-410 203. T: +91-2192-669 900 F: +91-22-4068 0088
Corporate Office: 9 th Floor, Lotus Business Park, New Link Road, Andheri West, Mumbai-400 0S3. T: +91-22-4068 0000 F: +91-22-4068 0088
Corporate Identity Number (CIN): L92490MH2010PLC199925 Website: www.adlabsimagica.com Email: info@adlabsentertainment.com
 Adlabs Entertainment Limited
CIN:L92490MH201,0PLC199_925 Website: www.adlabsimagica.com, em·an: compliance@·adlabsentertainment.com
Registered Office.-: 3.0/31,·Sangdewadi; Khopoli-Pan Road;Taluka:- Khalapur, District- Raigad, Pin-410-203

ST/>.TEMENT OF SJANDALONE .FINANCIAL R.ESULTS FOR THE QUARTER AND YEAR ENDED 31ST MARCH 2018
Hs. in Lakhs- excent ERS Datai
Quarter Ended Ye_ar Ended
Sr.
j:lartii;:ula_rs Audited Unaudited Audited Audited Audi_ted
No •.
31st Maf'18 31st _Dec'17 3fat Mar•11· 31st Mar'18 31'St 1Viar'17
INCOME:
I Revenu·e from operat!o_ns
_ 5,083.24 6,297.75 5,566.58 23,628,77 23,907.65
II Other income 77.40 3.32 2.79 99.14 51.73
Ill Total Revenue ( I+ II) 5,160,64 6,301.07 5,569,37 23,727.91 23,959.38
IV EXPENSES:
Cost of miaterial consumed 364.21 397.20 360.12 1,528.73 1,444.35
Purchase of trading goods 193.43 260.29 227.44 1,024.05 1,016.90
Changes in inventories of stock-in-trade 19.91 14.66 27.64 44.28 (46.28)
Employee .benefit expense 861.41 1,258.13 1,354.88 4,854.81 5,544,88
i=ini3nce· costs 3,086.88 3,203.10 2,990.78 12,641.65 11,989.36
Depreciation and amortisation expense 2,260.66 2,340" 17 2,264,75 9,242.37 9,447.25.
Other expenses 2,381.43 2,400.04 2,413.57 9,909.45 9,863.27
Total Expenses ( IV} 9,167.93 9,873.59 9,639.18 39,245.34 39,259.73

V Profit I (Loss) before tax (Ill-IV) (4,007.29) (3,572.52) (4,069.81) (15,517.43) (15,300.35)
VI Tax.Expenses
- _Deferred tax - - 951.61 - 3,586.78
VII Prpfit/'(loss) for the period (V+VI) (4,007.29) (3,572.52) (3,118.20) (15,517.43) (11,713.57)
VIII Other comprehensive income
- Items that will not.be reclassified to profit or loss (59.27) 24,04 (1.62) (26.18) (4.68)
IX Total comprehensive income·for the period (Vll+VIII) (4,066.56) (3,548.48) (3,119.82) (15,543.61) (11,718.25)
X Earnings per equity share (face value of Rs. 10/- per share)
a) Basic (4.83) (4.40) (3.90) (18.72) (14.66)
b) Diluled (4.83) (4.40) (3.90) (18.72) (14.66)
. ** not annualised •• •• ••
 Adlabs Entertainm.ent Limited
c·JN :L9249DMH201OPLC199925 Website : WWW,adlabsimagica.cOm, email• : ·com!)liarice@adlab!;·entertainment.c·orri
Registered Office·: 30/31, SanQdewadi, Khopoli�P"ali"Road,Taluka-.Khalapur, Districts R'aigad, Piri no-410 203

STATEMENT OF STANDALONE SEGMENT WISE REVENUE, RESLiLTS, ASSETS AND.LIABILITIES FOR THE QUARTER AN.D YEAR ENDED 31ST MARCH 2018
(Rs.in lakhs)
·Quarter.. Encled Ye<!r Ended
Sr.· _
Particulars Audited. Una:Udited ·..Audited Audited . Audited
.No.
31sfMa:r'18 31st DeC:'17 31sfMar'17 31st Mar'18 31st Mar'17
1- Segment revenue
(a) Ticket.s .2,543.87 3,542.26' 3,007.00 1'3,008,31 14,334.42
(b) Fedd and Beverage 1,354, 17 1,4b2.56 1,211.38. 5,201. 89 4,542·.01
(c) Merchandise 4Q9,7- 1 464.47 459..82 1,98_3.65 1,841.E�t'
(d) Rooms 424.28_ 551.07 587.17 2,044.5:7 ·2,1'36.54
(e) Other Ooetations 351.21 337.39 301.21 1,390.35 1,053.01
Total.SeamentREivenue . 5 083.24 6 297.75 5-566.58, 23 628.77 23:907.65
Less: Jnter seament r'evenue - - - - --
Re\lenue fronfoDeratiohs 5.083.24 6,297.75 5.566.58: 23.628.77 23 907.65
2 Segme·nt results
(a} Tickets (1'.498.96) {885.03) (1',345.81} (4,409.95) (3,623..60)
(b) Food and Beverag_e 596.71 582.61 366.49 1,889:39 1, 168,99
(c)'Merchandise 67.40 '63·.38 8.1.71 409.23 329.27
, (d) Rooms (148.29) (153.87) (88.25) (725.91) (870.30)
(e) OtherQperations 185.07 217.55 126.95 716.49 455:79
Total Segment'results {798.07) .(175.36) (858.91-) {2,120.75) (2,539.85)
Le.ss:
(i) Other unallocable expenditure 199.74 197.38 222.91 854.17 822. 87
(ii) Finance.cost 3,086.88 3,203.1 o 2,990.7 8 12,641.65 11,989.36
Add:
Ii Otherincome 77.40 3.32 2.79 99.14 5.1.73
Profit/ /lossI before tax 14 007.29 13 572.52 14,069.81 115 517.43 115-300.35

3 Segment Assets
.(a) Tickets 84,900.35 87,034.83 91,081.67 84,900.35 91,081.67
(b) F0od and Beverage 5,331.93 5,418.10 5,698,00 5,331,93 5,698.00
(c) Merchandise , 2,230.85 2,023.64 2,445.59 2,230,85 2,445_5·9
(d} Rooms 1�,835.38. 19,241.68 19,213.. 32 18,835.38 19,213.'32
(e) other Operations 82.01 59.77 43.03 82.01 43. 03
m Unallocated 46;695.59 £� ,
,..,...,.....,_,..�
5.736.69 46_§,95..:.�?._ ,..d_,_..,,:1-5.J36.69
Total Seament'Assets 1,58,076.11 1,61,544.73 1,64 21a:3o 1 58,076..11 1-64,218.30
4 Segment Liabilities
(a) Tickets 1,717.51 3,613.81 1,336.38 1,717 ..51 1,336.3 8
(b) Foo·d and Beverage 252.58 3\,14.00 293.41 252.58 293.41
(c) Merchandise 178.97 25 8.39 1 82.87 17,8.97 182.137
{d) Rooms 976.49 1,413:29 1,_007.54 976.49 1,007.54
{e) Other Operations 132.62 77.68 - 132.62 -
m Unallocated 1,13- ,902.99 1,10,805.90 1, 11,422.20 1,13,902.99 1,11,422,35
Total SeQment Liabilities 1,17, 161.16 1,16,563.07 114 242.40 1,17,161.16 114 242.55
 _Adlabs Entertainment Limited
CIN:L92490MH2010PLC199925 Website: www.adlabsimagica.com,
email : compliance@adlabsentertainment.com
_Registered Office: 30/31, Sangdewadi, Khopoii-Pa_ll Road,Taluka- Khi;llapur, District- Raigad, Pin-·410 203

AUDITED STANDALONE STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST MARCH, 2018

(Rs. in lakhs )
As at Asat
Particulars 31.03.2018 31:03.2017
Audited Audited
A"ASSETS
1.NOn-cLirrent i;(ssets
Fixed-Assets
- Firoper:ty, plant and equipment 1,13,313.40 1,20,439.39
- ca·pit0.! \'fork- in-progress· 8,620.08 _9,486.09
- Other intanglblj:l assets 2,189,61 2,6�0.94
- lntang.ible assets under developmenf 53.92 53.92
Financial:assets
- lnVE!S.tmenls 10,618.16 1'0,617.16
- other, 52.54 46.08
. D.eferred tax-Assets (n!=!t) 16,540.55 16,540.55
·other-i'-JQi,;currer\t Assets 971.70 1,064.36
Sub-total-non-cli"rrent assets 1,52,359.96 1 60,928.49
2.Curi"ent ass·ets
Inventories 1,428.78 1,337.67
Other Fina_ncial Assets
- Trade receivab/es 511.62 357.92
• Cas_h and caSh ·equivalents 284.01 710.36
- -Other bank balariCes 3.46 9.98
- Loans-and Advances 1,272.01 5.47
- Others 349.53 36.49
Current _tax �ssets 326.04 235.10
Other Current ASsets 1,540.70 596,82
Sub-tcital-current ·assets s,n6.1s 3;289.81
TOTAL- ASSETS 1,58,076.11 1·,64,218.30

B EQUITY AND LIABILITIES

1. Equjty
a) Equity Share Capita! 8;806.21 7,989.78
b) dtheiEouitv. 32,108.74 41,985.97
Sub-total-EouitV 40,914.95 49,975.75
2.Non-current liabilities
a) Financicil Libi!lti e s
i) .Borrowings 89,114.99 98,681,90
b) Provisions 138.65 324.05
SLlb-total-nOn-curi"ent-Liabilities 89 253.64 99 005.95
3.Current.liabilities
a) Financial Ubilities
i) 'BorrowiiigS. 8,376.61 5,644:37
li) Trade payables 2,742.56 3,058.93
ii} Other financial liabilities 12,899.51 4,009A2
b). Other .current"liabilities 3,863.38 2,506.06
d Prbvisiorls ·- 25-46 17.82
Sub-total-current Liabilities 27,907.52 '15,236.60
TOTAL- ·EQUITY AND LIABILITIES 158,076.11 1,64,218.30'
 · ·financial results of AD LABS Entertainment Limited for the Quarter and year ended March 31, 2018 prepared in
Standalone.Audited
compfhmi:e with the Indian Ac�ounting Standard ( Jnd- AS)

Notes:

L The Audited Standalone Financial statements of the Compa·ny for the_ quarter and year ended March 31, 2018 have been reviewed
by the-Audit Committee and approved by the Board .of Directors of the Company in the meeting held on Thursday, May 17, 2018.
The statuto·ry-auditOrs have .expressed an unqualified audit opinion. The financial results are prepared-i n accordance with the Indian
Ac'countin·g Standards ( Ind-AS) as prescribed Under Sect!Cln 133 of the COnipanies Act, 2013 read with Companies ( lndfi:ln
.Accounting St_an dards ) Rules:2015 ( as amended).

2. Q_uriog the.year under review, Company on preferential basis issued and allotted:

a. 12,48,684 equity sha'res of face value of Rs. l,0/- (Rupees Ten Only) pE!r share at a premium of Rs. 85/- (Rupees Eighty Five
only) per share for ah aggregate conSlderation of Rs. 11,86,24,980/- (Rupees Eleven Crore Eighty Six Lakhs Twenty Four
Thousand Nine Hundred and Eighty only) to Bennet!: Coleman and Company Limited [BCCL} on June 20, 2017.

b. 5.(Five) Convertible Warrants of Rs. 2,37,25,000 {Rupees Two Crore Thirty Seven Lakh Twenty Fjve Thousand only) each,
_con'vertib_1e: In to such num_ber of e9uity shares with such warrants carrying.an optiori / entitlement to subscribe to equity
snares of the face value of Rs. 10/- {Rupees Ten Only) per share for cash at a minimum price of Rs. 95/- (including premium
of Rs. 85/-)_ pe_r share aggregilting Rs. l;J..,86,25,000 (Rupees Eleven Crore Eighty Six Lakh Twenty Five Thousand only) to
BCC:Lon·June 20,.2017.

Utilisation of f.unds received through_preferentlal Issue of Equity Shares and Warrants in the following table:

A) F·or Issue of-Equity Shares on Preferential Basis

Rs !n Lakhs
Partii:ula'rS Amount
Actual.Funds received from issue of shil.res {100%) 1,186.25
Utilised: Advance Paymeritto BCCL for advertisihg in the pri nt and non-print media. (1,186.25)·

_ n preferential basis
B) For lssue of Convertible Warrants o
Rs. In Lakhs
Particulars Amount
Actual Funds.received from Warrant Subscription (25%) 296.56
Utilised : Towards deposit for Brand building through ad\lertlsing in the print & non print
media {296.56)

3. Durlng the y"ear under review, the Company issued ahd allOtted, 69,15,629 equity Shares offace value Rs. 10/- (Rupees Ten only) per
·equity share at a premium of Rs. 62.30/- (Rupees Rupees Sixty·Two and Thirt y Paise only) per equity share for an aggregate
consideration equal .to R's. 49,99,99,977/- (Rupees Forty Nine Crore Ninety Nine Lakh Ninety Nine Thousand Nine Hundred and
Seventy Seven.only) to Shaan Agro and Realty lndla Priv ,ate t!mited {Formerly Shaa n Agro Private Limited) on December 15, 2017 .

.Utilisation offunds received-through preferential Issue of Equity Shares:

Rs In Lakhs
Particulars Amounf
Actual· Fu nds received from issue.of shares (100%) 5,000.00
Utilised:
Towai-ds_ Repayment of secu_red/unsecured debt (2,345.00)
Towards General_ Corporate rurpose . (2,655.00)

4. The Company is in the-process for the sale of Hotel - Novotel lmagica, however pending approvals from the lenders of the Company,
the .Co mPany·has n'cit classified-the 1--lot�I as" held for safe ,,-!n terms-of para 6 of Jnd AS 105- Non Current Assets held for sale and
discontin_uirig Oper.atiOns
 5. The Company is in the process of sale of surplus land and wholly owned subsidiary - Walkwater Properties Private Limited, however
pending approvals from the lenders of the Company, the Company has not classified the assets and investment in subsidiary as "held
for sole" in terms of para 6 of Ind AS 105- Non Current Assets held for sale and discontinuing operations.

6. Government has introduced Goods and Services Tax ("GST") with effect from July 1, 2017, Accordingly, in compliance the Indian
Accounting Standards (Ind-AS) 18- 'Revenue', Revenue from operations for the quarter and year ended March 31, 2018 is disclosed
net of GST.

7. Business Segments based on the "management approach" as defined in Ind-AS 108· Operating segments have been presented . The
accounting principles used in the preparation of the financial results are consistently applied to record revenue and expenditure in
individual segments.

8. The figures for the previous periods have been regrouped/rearranged wherever necessary to confirm with current period'
classification.

9. The results for the quarter and year ended March 31, 2018 are also available on the Company's website www.adlabsimagica.com,
BSE website: www.bseindia.com and NSE website: www.nseindia.com.

Place : Mumbai
Date : May 17, 2018
 A. T. JAIN & Co.
CHARTERED ACCOUNTANTS

Auditor's Report on Quarterly Financial Results and Year to Date Results of the
Company, pursuant to the Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015

To
The Board of Directors
Adlabs Entertainment Limited

We have audited the accompanying statement of standalone financial results of Adlabs

Entertainment Limited ("the Company") for the quarter and for the year ended 31st
March 2018 (the 'Statements') attached herewith, being submitted by the Company
pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations. 2015 read with SEBI Circular No.
CIR/CFD/FAC/62/2016 dated July 5, 2016 (hereafter referred to as "the Regulation").

This Statement, which is the responsibility of the Company's Management and approved
by the Board of Directors, has been compiled from the related standalone financial
statements which has been prepared in accordance with the Indian Accounting Standards
prescribed under section 133 of the Companies Act, 2013 (the 'Act') read with relevant
rules issued thereunder ('Ind AS') and other accounting principles generally accepted in
India and in compliance with requirement of Regulation 33 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015. Our responsibility is to
express an opinion on the Statement based on our audit of such standalone financial
statements.

We conducted our audit in accordance with the standards on auditing issued by The
Institute of Chartered Accountants of India. Those standards require that we plan and
perform the audit to obtain reasonable assurance about whether the Statement is free from
material misstatement.

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
judgement, including the assessment of risk of material misstatement of the Statement,
whether due to fraud or error. In making those risk assessments, the auditor considers
internal financial 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. An audit also includes evaluating the appropriateness of the accounting
policies used and the reasonableness of the accounting estimates made by the Company's
Directors, as well as evaluating the overall presentation of the Statement.

. 0.

,{? �-,�:;:
"'>�\_
I.�
� .,l�"s'I.'
212, Rewa Chambers, �4CC0
31, New Marine Lines, '·
Mumbai - 400 020.
Tel.: 022-2203 5151 / 5252
E-mail: accounts@atjain.net
)� I
414, Hubtown Solaris, ·4th Floor,
N. S. Phadke Marg, Near East West Flyover,
Andheri (East), Mumbai - 400 069.
Tel.: 022-6736 2000
E-mail: accounts@atjain.net
A .. T. JAIN & CO.
CHARTERED ACCOUNTANTS
Continutation Sheet

We believe that the audit evidence obtained by us 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 Statement:

(i) is presented in accordance with the requirements of Regulation 33 of the SEBI

(Listing Obligations and Disclosure Requirements) Regulations, 2015 in this
regard; and

(ii) gives a true and fair view of the net loss, total comprehensive income and other
financial information for the quarter and year ended 31 st March, 2018.

The Statement includes the results for the Quarter ended March 31, 2018 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 A. T. Jain & Co.

Chartered Accountants
FRN : 103886W
\ ,

' �
/
Sushil Jain
Partner
Membership no. 033809
Place: Mwnbai
Date: 17tli May, 2018.
 Adlabs !entertainment Limited
CIN: L92490MH2010PLC199925 Website : WWW._adlcibsimagica.corh, -email :- compliance@adlab.s;en'tert�inment.com
Registered Office : ·30/31, Sangdew:adi,. Khopoli-Pali Road_,Taluka- Khalapur, District- ·Raigad, Pin� 410 203

ST.ATEMENT OF CONSOLIDATED FINANCIAL RESULTS FOR THE QUAIUER AND YEAR ENDED 31ST MARCH 2018
Rs. iii Lakhs_ except EPS Data)'
Quarter Ended . Year Ended
Sr.
Parficulars Audited Unaud_ited Audited _Audited Audited
No.
31s_t ·Mar•·1 a 31st Dec.'17 _3·1st ·Mar'17 31s_t_Mar'tB 31st M_ar•1·7
INCOME:
I Revehlle from operations 5,083.24 6,297.75 5,566.58 23,628.77 23,907.65
II Other·ili_come 111.01 3.32 2.79 132.75 51.81
111 total Revenue (I+ II ) 5,194.25 6,301.07 5,569.37 23,761.52 23,959.46
IV EXPENSES:
Cost of material consumed 364.21 397.20 360.12 1,528.73 1,444.35
Purchase of trading goods 193.43 260:29 227.44 1,024.05 1,016.90
Ghange&.in in:vf:!ntorie.s of sto.ck-in-trade 19.91 14.66 27.64 44,28 (46,28)
Empl_oyee benefit expense 866.33 1,289.26 1,362.39 4,877.76 5,575.24
Finance costs 3,086.88 3,236.49 3,027.83 12,750.25 12,062.28
Depreciation and amortisation expense 2,260.66 2,345.46 2,269.91 9,258.16 9,468.17
Other expenses 2,382.67 2,373.34 2,412:05 9,907.31 9,848.68
Total Expenses· ( IV) 9,174.09 9,91,6.70 9,687.38 39,390.54 39,369.34

V Profit I (Loss) before tax (Ill-IV) (3,979.84) (3,615.63) (4,118.01) (15,629.02) (15,409.88)
VI Tax Expenses
- Deferred tax - - 951.61 - 3,586.78
VII Profit/ (loss) f.or the perie>d {V+VI) (3,979.84) (3,615.63) (3,166.40) (15,629.02) (11,823.10)
VIII Other comprehensive income
- Items that will not be reclassified to profit or loss (5927) 24.04 (1.62) (26.18) (4.68)
IX Total comprehensive income for the period (Vll+Vfll) (4,039.11) (3,591.59) (3,168.02) (15,656.20) (11,827.78)
X Earnings per equity sh_are (face value of Rs. 10/- per share)
a) Basic (4.80) (4.45) (3.96) (18.85) (14.80)
b) Diluted (4.80) (4.45) (3.96) (18.85) (14.80)
** not annualised ,. ,, ,,
 Adlabs Enterta_inment Limited
CIN:L92490MH2010PLC19_9925 Website: www.adlabsimagic3.com, email; compliance@adlabse_ntertainmentco_m
Registered OffiCe: 30!3.1, SangdeWadi, Khopoli-Plili Road,Taluka- Khalapur, District- Riligad, Pin no-410 203

STATE°MEt_ffOFCONSOLIDATED. SEGMENT WISE REVENUE, RESULTS, ASSETS AND LIABILITIES FOR_ Tl:IE QUARTER AND YEAR ENDED 31ST MP,.RCi-1 2018
( Rs. in lakhs)
Sr. a·uarter ·ended Year·Ende·d
·Particulars Audited Unaudited Audited Audited Audited
NO.-
31st.Mar'18 31st Dec'17 31st Mar'17 3·1st Mar'18·- 31st Mar'17
1 Segment revenue
(a) Tickets -2,543,8.7 3,542,26 3,0d.7.00- 13,008.31 14,334.42
(b) F9od and Beverage 1 ,.35.4.17 1,402.56 1,211.38 5,201,89 4,542.01
(c) Merchcihc!ise 409.71 ·464.47 459;82 1,_983.65 1,841.67
(d) Ro6ms 424.28 551,07 587.17 2;044.57- 2,136.54
1e\ Othei" Qnerations 351.21 3 37,39 301.21 1,390.35 1,053.01
Total.SeNmenlRevenue 5,083.24- 6;297.75 5,566.58 23 628.77 23 907.65
Less: lnter-sei=;-ment revenue - - - " -
Revenue frorri onerationS 5.083.24' 6 297.75 5 566.58 23 628,77 23 907.65"·
2 l:;egment results
(a) Ti9kets (1,4 98.96) (885,03) (1,345.80) (4,409,95) (3,623.61)
(b) Food and Beverage 596.71 582.61 366.49 1,889.39 1,168.99
(c) Merchandise 67.40 63.38 81.71 409.23 329.27
{d) Rooms (148.29) (153.87) (88,25) (725.91) (870.30)
(e)· Other Operations 185.07 217.55 126.95 716.49 455.79
Total Segment results (798.07) (175.36) (858.90) (2,120.75) (2,539.86)
Less:
(i) Other unallocable expenditure 205.90 207,10 234.07 890.77 859:55
(ii) Finance cost 3,0/36.88 3,236.49 3,027.83 12,750.25 12,062.28
Add:
1 i' other income 111.01 3.32 2.79 132.75 51.81
Profit.ff loss\ before tax
..

'3,979.84 (3.615.63 (4.118.01 (15 629.02 (15.409.88

3 S_egment Assets
{a) Tickets 84,900.35 87,034.83 91,081.67 84,900.35 91,081.67
(b) Food and Beverage 5,331.93 5,418.10 5,698.00 5,331.93 5,698.00
M Merchandise 2,230.85 2,023.64 2,445.59 2,230.85 2_,445.59
(d) Rooms 18,835,38 19,241.68 19,213.32 1.8,835.38 19,213.32

-
(e) Other Operations 82.01 59:77 43.03 82.01 43.03
;,, ·Unallocated 45,357.15 6,402.17 45182.41 ". 5
Total Se"rlme·nt Assets 1,56,737.67
4""""�
160180.19
-=··*'·'�"•
1.63 664,02
35
4 . 7.1_t -�--,-�j_�J;il
1,56,737.67 1.63 664.02
4 Se�ment Liabilities
{a) Tickets 1,717.51 3,613.81 1,336.38 1,717.51 1,336.38
(b) Food .and Beverage 252.58 394.00 293.41 252.58 293,41
_(c) Merchandise 178:97 258.39 182.87 178.97 182,87
(d) Rooms 976.49 1,413.29 1,007,54 976.49 1,007.54
(i.) Other Operations 132.62 77.68 - 132.62 '
ifl. Unallocated 1,14,054.37 1,10,957.83 1,12,245.13 1,14,054.37 1,12,245.1-3
Total 'S�ment Liabilities 1,17 31::!.54 1 -16 715.00 115.065.33 117,312.54 115 065.33
 : Adlabs Entertainment Limited
CI. N:L9�49DIVIH2010PLC199925 Website: www.adlabsimagica.com,
i email : compliance@adlabsentertainment.com
Registered-Office: 30/3�, Sangdewadi, Khopoll-Pall Road,Taluka- Khalapur, District- Raigad, Pin- 410 203

'
AUDITED CONSOLID/liTED STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST MARCH, 2018

' Asat
(Rs in lakhs )
Asat
Pa�iculars 31.03.2Q18 31.03.2017
I Audited Audited
A ASSETS: L
1.Nbn° current assets i
Fixe.d Assets.
- Property, plant and equipmbnt 1,13,313.41 1,20,472.09
- Capital work- in-progress i 8,620.08 9,486.09
-O)her·intangible·assets 1 2,316.00 2,806.0�
- lntangibie assets under de�elopment 53.92 53.92
Fir'laricial .ass·ets
- other i 52.54 46.08

I
D.eferred tax Assets (net) 16,540,55 16,540.55
Other Nori-Currerit Assets 971.70 1,010.36
Sub-total-non�u·rreilt,'assets j 1,41,868.20 1,50,415.17
2.Current·assets '
ln,vehtorie_s,
Other Financ[al.Ass!;:!ts
i 11,508.67 '11,286.86
-·Trad,e-·receiV.ab!es 511.62 357.92
- Ca_sh and _qash equivalents 290.55 711.86
- O!her bank -�alan'ce� 3.46 9.98
- Loans and-Advances
- .others- .-
Curr(::nt-tax.asj,e,ts
'i 5.21
677.02
5.47
40.00
329.83 '236.94
Other· Current-Assets i 1,543.11 599.82
Sub-total-currerit assets i 14 869.47 13,248.85
TOTAL- ASSETS i 1,56,737,67 1,63 664.02
.
'
B EQUITY AND LIABILITIES
1. Equity ..
i
a) Eq.ufty Shan:!;Capita!
bl Other Enultv
! 8,806.21 7,989.78
j 30,618.92 40,608.91
Sub-total-EriUihi 39,425.13 48,598.69
2.Non�current
. liabilities· i
a) Financiai Ubilities
i) Borrowing's
bl 'Pro'vlsiohS I 89,114.99
138.65
98,681.90
,324.0'5'
Sub-total-rion,:currelit Li.ibiliti�s .
89,253.64 99,005;95
3.Current liabilities.
a) Firlan.dal Libilities i
.i) Borrowihgs 8,376.61 6,138.29
ii) Trade. pay,ables 2,776.32 3,os1:3:2
'ii) Other financial liabilitfes 12,899:51 4,009.42
b) Othe'r cu·rrent lfabilitiE!s 3,980,99 2,8-12.53
c) Provisions i 25.47 17.82
Sub-total-cur'rent Liabilities 28,058.90 1.6.059.38
TOTAL· EQUITY AND·LIABILITIES 1,56,737.67 1,63,664.02,
'
 Consolidated Audited financial results.of ADLABS Entertainment limited for the Quarter and year ended March 31, 2018 pr,epared in
compliance with the Indian Accounting Standard ( Ind-AS)

Notes:

1. The Audited Consolidated Financial statements·ofthe Company for the quarter and year ended March 31, 2018 have been-reviewed
by the Audit Committee.and approved by the Board of Directors of the Holding Company in the meeting held on Thursday, May 17,
2018. T.he stat.utory auditors have-exp·ressed an unqualified audit opinion. The financial results are prepared in accordance with the
lndJan Ac'counting ·stand.ards ( Jnd-AS) as prescribed urider s·ection 133 of the Comp·anies Act, 2013 read with Companies ( Indian
Accounting Standards j Rules 2015 { as amended ).

2. During-the year urider review, the Company on preferential basis issued and allotted:

a. 12,48,684 equlty shares efface Value of Rs. 10/- {Rupees Ten On!Y) per share at a premium of Rs. 85/- (Rupees Eighty Five
on!y) per share for an· aggregate consideration of ·Rs. 11,86,24,980/- (Rupees Eleven Crore Eighty Six Lakhs Twenty Four
T!jousilnd.Nine.Hundred and Eighty only) to Bennett Coleman and Company Limited (BCCL) on June 20, 2017.

b. S \Ffve) Convertible Warrants of Rs. 2,37,25,000 (Rupees Two Crore Thirty Seven Lakh Twenty Five Thousand only) eaCh,
convertible ln to.such number of equity shares with such warrants carrying an option/ entitlement to subscribe to equity
Shares of the face value·of Rs. 10/- (Rupees Ten Onfy) per share for cash at a minimum price of Rs, 95/- (including premium
Of Rs. 85/-) per share aggre_ ?·ating Rs. 11,86,25,000 .(Rupees Eleven Crore Eighty. Six Lakh Twenty Five Thousand only) to
BCCLon-Jun e 20, 2017.

Utilisa'tion of-funds receive� through preferential issue of Equity·Shares and Warrants in the follo'wing tiible:

A) For Issue of Equity S.hares on Preferential Basis

Rs. In Lakhs
Parficulilrs Amount
Actual Funds r'eteived from issue of shares {100%). 1,186.25
Utilised : Advance Payment to BCCL for advertising in the print and non-print media. (1,186.25)

B}. For Issue of Convertible Warrants.on preferential basis

Rs Jn Lakhs
Pa'rticulars Amount
Actual Fl.Inds rec'eived from.warrant SubsC:ription (25%) 296.56
Utilised.: Towards deposit"for Brand bullding through ad\(ertising ln the print & non print
media (296.56)

3. During the yea_r under·review, the_ Coriipany ls sued and allotted, 69,15,629 equity Shares of face value Rs. 10/- (Rupees Ten only) per
equity share. at a premium of Rs. 62.30/· (Rupee's Rupees Sixty Two and Thirty Paise only) per equity share for an aggregate
consideratiOn'. equal to Rs, 49,99,99,'977/- (Rup�es Forty Nine Crore Ninety Nine Lakh Ninety Nine Thousand Nine Hundred and
Seventy Seven on!y)"to Shaan Agro and Realty India Private limited {Formerly Shaan Agro Priv<)te Limited) pn December 1S, 2017.

Utilisation of funds. received through.preferential issue of Equity Shares:

Rs In Lakhs
Pai:tfculars . Amount
ACtual:Fund_s received from issue of shares·(100%) 5,000.00
Utilised:
To .wards.Repayment of secured/unsecured debt {2,345.00)
Towards·GenE!i"al Corpdrate Purpose (2,655.00),
 4. The Company is in the process for the sale of Hotel - Novotel lmagica, however pending approvals from the lenders of the Company,
the Company has not classified the Hotel as "held for sale" in terms of para 6 of Ind AS 105- Non Current Assets held for sale and
discontinuing operations

5. The Company is in the process of sale of surplus land and wholly owned subsidiary - Walkwater Properties Private Limited, however
pending approvals from the lenders of the Company, the Company has not classified the assets and investment in subsidiary as "held
for sale" in terms of para 6 of Ind AS 105- Non Current Assets held for sale and discontinuing operations.

6. Government has introduced Goods and Services Tax ("GST") with effect from July 1, 2017, Accordingly , in compliance the Indian
Accounting Standards (Ind-AS) 18- 'Revenue', Revenue from operations for the quarter and year ended March 31, 2018 is disclosed
net of GST.

7. Business Segments based on the "management approach" as defined in Ind-AS 108- Operating segments have been presented . The
accounting principles used in the preparation of the financial results are consistently applied to record revenue and expenditure in
individual segments.

8. The figures for the previous periods have been regrouped/rearranged wherever necessary to confirm with current period'
classification.

9. The results for the quarter and year ended March 31, 2018 are also available on the Company's website www.adlabsimagica.com,
BSE website: www.bseindia.com and NSE website: www.nseindia.com.

Place : Mumbai
Date : May 17, 2018
 A. T. JAIN & Co.
CHARTERED ACCOUNTANTS

Auditor's Report On Quarterly Consolidated Financial Results and Consolidated Year

to Date Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015

To
The Board of Directors
Adlabs Entertainment Limited

We have audited the accompanying statement of consolidated financial results of Adlabs

Entertainment Limited ("the Holding Company") and its subsidiaries (the Holding Company
and its subsidiaries together referred to as "the Group") for the quarter and for the year ended 31st
March 2018 (the 'Statements') 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 read with SEBI Circular No.
CIR/CFD/FAC/62/2016 dated July 5, 2016 (hereafter referred to as "the Regulation").

This Statement, which is the responsibility of the Holding Company's Management and
approved by the Board of Directors, has been compiled from the related consolidated
financial statements which has been prepared in accordance with the Indian Accounting
Standards prescribed under section 133 of the Companies Act, 2013 (the 'Act') read with
relevant rules issued thereunder ('Ind AS') and other accounting principles generally
accepted in India and in compliance with requirement of Regulation 33 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015. Our responsibility is to
express an opinion on the Statement based on our audit of such consolidated financial
statements.

We conducted our audit in accordance with the standards on auditing issued by The Institute
of Chartered Accountants of India. Those standards require that we plan and perform the
audit to obtain reasonable assurance about whether the Statement is free from material
misstatement.

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 judgement,
including the assessment of risk of material misstatement of the Statement, whether due to
fraud or error. In making those risk assessments, the auditor considers internal financial
control relevant to the Holding Company's preparation and fair presentation of the Statement
in order to design audit procedures that are appropriate in the circumstances. An audit also
includes evaluating the appropriateness of the accounting policies used and the
reasonableness of the accounting estimates made by the Holding Company's Directors, as
well as evaluating the overall presentation of the Statement.

We believe that the audit evidence obtained by us is sufficient and appropriate to provide a
basis for our audit opinion. \?--.lN �
�- �9
212, Rewa Chambers, 414, Hubtown Solaris, '4th Floor,
31, New Marine lines, N. S. Phadke Marg, Near East West Flyover,
Mumbai - 400 020. Andheri (East), Mumbai - 400 069.
Tel.: 022-2203 5151 / 5252 Tel.: 022-6736 2000
E-mail : accounts@atjain.net E-mail: accounts@atjain.net
A .. T. JAIN & CO.
Conlinutation Sheet

CHARTERED ACCOUNTANTS

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 of the other auditors on separate financial
statements of the subsidiary referred below, the Statement:

(i) includes the results for the quarter and year ended 31 st March, 2018 of the following
entities -
Holding Company:
Adlabs Entertainment Limited
Indian Subsidiaries:
1. Walk:water Properties Private Limited;
2. Blue Haven Entertainment Private Limited

(ii) have been presented in accordance with the requirements of Regulation 33 of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015 in this regard; and

(iii) gives a true and fair view of the consolidated net loss, total comprehensive income and
other financial information of the Group for the financial year ended 31st March, 2018.

We did not audit the financial information of the subsidiary - Blue Haven Entertainment
Private Limited included in the consolidated financial results, whose financial information
reflect total assets of Rs. 0.66 lakhs as at March 31, 20 I 8, total revenues of NIL, total net
profit after tax of Rs.0.08 lakhs and total comprehensive income of Rs. 0.08 lakhs for the
year ended on that date, as considered in the consolidated financial results. These financial
information have been audited by other auditor whose report has been furnished to us by the
Management and our opinion on the consolidated financial results, in so far as it relates to
the amounts and disclosures included in respect of this subsidiary is based solely on the
report of the other auditor.

Our opinion in 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.

For A. T. Jain & Co.

Sushil Jain
Partner
Membership No. 033809
Place: Mumbai
Date: 17th May, 2018.
 theme park • water park • snow pork • hotel

May 17, 2018

The Manager The Manager

DCS-CRD Listing Department
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeeboy Towers, Exchange Plaza, 5th Floor, Plot no. C/1,
Dalal Street, Fort, G Block, Sandra Kurla Complex, Sandra (E)
Mumbai- 400 001 Mumbai- 400 051
Fax No.: 22722037/39/41/61/3121/3719 Fax No.: 26598237/38
BSE Scrip Code: 539056 NSE Scrip Symbol: ADLABS

Dear Sirs,

Sub: Declaration pursuant to Regulation 33(3)(d) of the Securities and Exchange

Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

I, Mayuresh Kore, Chief Financial Officer of the Company, hereby declare that, the Statutory
Auditors of the Company, M /s. A. T. Jain & Co., Chartered Accountants (Firm Registration
No. 103886W) have issued an Audit Report with unmodified opinion on Audited Standalone
and Consolidated Financial Results of the Company for the quarter and year ended March
31, 2018.

For Adlabs Entertainment Limited

Mayuresh Kore
Chief Financial Officer

Adlabs Entertainment Ltd.

Regd. Office: 30/31, Sangdewadi, Khopoli-Pali Road, Taluka Khalapur, District Raigad-410 203. T: +91-2192-669 900 F: +91-22-4068 0088
Corporate Office: 9th Floor, Lotus Business Park, New Link Road, Andheri West, Mumbai-400 053. T: +91-22-4068 0000 F: +91-22-4068 0088
Corporate Identity Number (CIN): l92490MH2010PLC199925 Website: ��y.,.adlabsimagica.com Email: info@adlabsentertainment.com