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Dynamic Cables Limited

(Govt Recognised STAR Export House)


(An ISO 9001:2015, 14001:2015 & OHSAS 18001:2007 Company)

Date: November 12, 2020

To,
BSE Limited,
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai-400 001 (Maharashtra)
vi
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Sub: Submission of Unaudited Financial Results of the Company for the half year ended ::I
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on September 30, 2020 along with Limited Review Report thereon pursuant to C:
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Regulation 33 of Securities and Exchange Board of India {Listing Obligations and u
Disclosure Requirements), Regulations, 2015 ("Listing Regulations")
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Ref: Dynamic Cables Limited - Scrip Code - 540795 t<l
u
Dear Sir / Madam, ~
Q:'.
V)

W.r.t cited subject please find enclosed herewith the· Unaudited Financial Results of the ~
vi
Company for the half year ended on September 30, 2020 along with the statement of Asset and (])
::ct'1l
liabilities as on that date and cash flow statement for the half year ended on u
September 30, 2020 and Limited Review Report thereon pursuant to Regulation 33 of Listing bO
C:
Regulations which were approved by the Board of Directors at their meeting held on t'1l
C:
Thursday, November 12, 2020. bO
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Kindly take the same on record
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CIN:L31300RJ2007PLC024139
Regd. Office & Unit-1: F-260, Road No.13, VKI Area, Jaip.u~-302013 (l~DIA) .
Ph: +911412262589, 4042005 I Fax: +911412330182 I Ema1l:mfo@dynam1ccables.co.m
~ ko/t <f}<Ulfl W ((fomnane:
Chartered Accountants
Head Office: B. Office:
11 Floor, K-2B, Raj Apartment, Keshav Path 3, Gangwal Park, Jaipur-a
Ahinsa Circle, c-scherne, Jaipur-t Phone: 0141-2618912
Phone:4005471,2365513 E-mail : mgargco@airtelmail.in
The Board of Directors,
Dynamic Cables Limited,
Jaipur

We have reviewed the accompanying statement of unaudited financial results


of Dynamic Cables Limited, Jaipur for the half year ended September 30,
'.2020 This Statement is the responsibility of the Company's management and
has been approved by the Board of Directors. Our responsibility is to issue a
report on these Financial Statement based on our review.

We conducted our review of the statements in accordance with the Standard


on Review Engagement (SRE) 2410, "Review of Interim Financial
Information Performed by the Independent Auditor of the Entity" issued by.
the Institute of Chartered Accountants of India. This Standard requires that we
plan and perform the review to obtain moderate assurance as to whether the
financial Statements are free of material misstatement. A review is limited
primarily to inquiries of company personnel ar1d analytical procedures applied
to financial data and thus provide less assurance than an audit. We have not
performed an audit and accordingly, we do not express an audit opinion.

Based on our review conducted as above, except as given in Note No. 8 of the
!,
Financial Results, nothing has come to our attention that causes us to believe
t\. that the nccornpanving Statement of unaudited financial results prepared in
accordance with applicable accounting standards and other recognised
accounting practices and policies, and has not disclosed the information
required to be disclosed in terms of Regulation 33 of the SEBI ( Listing
Obligations and Disclosure Requirements) Regulations, 2015 including the
manner in which it is to be disclosed, or that it contains any material
misstatement.

Our Conclusion is not modified in respect of this matter.

For Madhukar Garg and Company


Chartered Accountants
'"·"·..
.:'•
Firm Registration No.000866C

/£:k&v
(Sunil Shukla)
Partner
Membership No.071179
Place: Jaipur
Date: 12th November, 2020
UDIN : 20071179AAAAEE7489
DYNAMIC CABLES LIMITED
F-260, Road No. 13 V.K.L Area, Jaipur, Pin: 302013, Rajasthan, India

UNAUDITED STATEMENT Of ASSETS. & LIABILITIES AS AT 30th SEPTEMBER, 2020


Cl N: L31300RJ2007PLC02413 9

2,201.40
{o/ Shore oopilol
8,736.37
ft,) RcseNes & surplus
(c) Money received against shore wcrronts

(2) Share oppllcalion money pending allotment

{ 3) Non-Current Liabilities
5.135.81 4.726.64
{o) Long-lerm borrowings
7S.67
(bi Deferred tax liabilities (Net)
12.61
{c! Ottmr long term liot)ilities
(d) Long-term provisior1s

(4) Current Liabilities 6,962.41


5,468.24
/o) Short-lenn borrowings
{t)/ Trade payables
(i) total outstanding dues of micro and srnoll 420.28 833.04
enterprises
(ii) 10101 ()utstonding dues of creditors other then 5,140.96 5,428.78
ono small enterprises
1,006.45
current liabilities
6.34
'h'"''-'~""' provisions

:30;101.87

(l) Non-current assets


{oJ Fixed osscls S,566.56
5,504.99
ii) Froperty. Plant & Equipment 14.27
11.47
!ii) intan9ible assets
[iii) Capitol work in progress
(iv) intangible ossets under development
(bl ~~on current investrnents
{cj Deferred Tax assets (Net) .182.26
/c1} Long term loans ond odvonces 23.37
/e} OH1er non current assets

(2) Current ossets


(a} Current tnvestrnents 5.284.79
6.285.99
(OJ lnvenlorie, 15.227. l 4
13,832.49
/c) Trade receivcotes 2,106.09
1,879.31
(d} Cash ?, oonk bolonces 1,548.81
1.231.i 0
{e/ ShorHe!m loons and advances 148.57
(I) Other current assets

,, .. 30;101.87

Place: Jalpvr
Dote : 12th November, 2020
DYNAM IC CA &LES LIM ITED
F-260, Road No. 13 V.K.I. Area. Jaipur, Pin: 302013, Rajasthon, Indio
STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE liAlf YEAR ENDED ON 30TH SEPTEM&ER, 2020
CIN:l31300RJ2007PLC024139

(Rs. In Lokhs)
Holt Year Ended on · Year Ended .on

30·09-2020' 31-03-2020 30-0?-2019_+__:3


0 ::.:,1..::
·0;.:;3.::
·2.::.
02:::::0:..,.....i
(Unaudlled:..li-+c...::.(.:.A.:u.:..
d.:::.
lte;:;;d:::)-+,.,..,.;:
(U.::.n.::a~u.::
dit::ec.:dl · (Audited)
11.513.43 22.168.58 20.690.43 42,859.0i
Revenue from Ooerotions
Other Income f--·~_6_ 8c_1.""'
68_. +----1--5_ 6_.26 130.52 -i----......;,28..;,6;.;;.7c.:8c..,j
Total Revenue (1+11)
f--....;.. .1__1 __.,.;;2:;;:;
12c:.,2..;,0_3.;,,; 2•:.;:;3_24.Bf ,_.__2~.. I' 43,145.79

IV EJ<pense~;
o) Cosl of morenots consum ed 10.23-1.9 0 .. 16.754.41 16.323.62 33.078.03
6.69 129.02 129.02
bl Purchose of slack in trode
cl Changes in inventories of finished goods, work-in· 11.097.63) 1.057.65 (866.21} 191.44
·, prog,ms ond stock-in-Trade
596.90 787.76 839.28 1,627.05
d) bnp:oyee benefil expense
548.00 809.45 722.93 1,532.38
el finoncio! Costs
391.92 453.BO 421.92 875.72
f) Depreciation
949.63 1,847.43 1,469.79 3.317.22
\l) Olhe, Expenses
11.oio.41 21,839.52 J ,18,91).34 -, A0 •.750.86
Toto\ Expenses (o tog)
?roiii itl.oss) before oxceptionol and extraordinary items 572.70 -1 85.32 !.909.61 2.394.94
V

VI
& !OX
f..xcHpliono! ilerns
____ _ ...

572.70 485.32 1.909.61 2,394.94


Vil Proti!/(Loss) before exiroorolnorv items and tax (V-VI)

Vlll Fxhoordinorv detr1s


JC 572.70 s 48S.32 ·• 1;909.bl 2.3'14.94
IX Protit before tax (Vll·V\11)
X Tax Expenses:
158.60 197.26 486.74 683.99
(!) CtJrreni fax
(11.44i (43.80} 177.491 (121.28)
(2l Deferred Tax
Profit [loss) for the period from continuing operations (IX· 331.Sb T.832.23
.• Jl 425.~ vl,500.36
XI X) . X
"''''
Xi! Profit/(loss) from discontinuing operations
XII! Tax expense of discontinuing oporotions
XIV l'rofit/ilossl trom PisCOfllinuing operations (ofter lox) (Xil-
XI\I)
1.11.32.:Zl
XV Profit (Loss) for the period (XI +XIV)

2.201.40 2,201.40'
XV! Pni(l uo fquity sher<" capitol {ot por voiue of Rs. I 0)

i XVII Reserves excluding revoluation reserves

·1 ~Viii I omlng per eqllity shorn


1.93 l .51 6.82 8.32
(1) !losic
_ ._ .. _1_.9'-3'-'- 1.c...s'-1'-'- __ c..6
.:.:.
82 ___.___.::.:
8.32
L._ (?) Diluted __

NOTES:
fhe obove financiol results were reviewed by the Audi! Committee one opproved by the oooro of directors ot their
re;poclive meeting h(lld on 121,, November. 2020.
7 In occordonce of Rogulotion 33 of Secllrities and Exchange Boord of Indio (Listing Obligotions and otsc.osore Requirornen1si.
Regulations. 2015 the company's statutory ouditors hove carried out a Limited Review of tho obove Financial Results.
3 The Cornponv·s bvsiness ocnvnv foll within o single primary business segment.
• m view or tocxcown across me country due to COVID 19 poncemic the cornponv's operctons tor !he holf yeor ended
30.09.?020 were offeclod and ore not compcroble with those of previous/corresponding period. The Compony hos mode o
doloiled cssessrnenl of its liquidity position. recoverobility and coriying voll;e of its ossets as 01 the reporting dale and has
concluded tho! there ore no rnoteriol odjustrnent required in the financial results. Management believes \hot II hos token into •
account oil ine possible impact of known event ond economic forecast based on ir1ternol ond external source of
inforrnolion orising tram COVID 19 pondomic while making such assessment in tho preparolion of finonciol rest;lts.
5 fhe ngures for tne corresponding previous period hove t)een regrouped/reclossitiod wl,orever necessary.
6 The Company hos migroled from BSE SME Exchange to BSE Main Boord w,,e.f. 01st October, 2020. hence these finonclol
resulls for the holf yeor ended 30.09.2020 hove been prepored os per opplicoble provisions to componios listed on SME

ExchOnge.
Jhe above fi;,urcs ore ovoiloble on lhe websile of tho company ot v,rww.dynomiccobles.co.in and stock exchange viz.

·~.;ww .t>seindi(i .corn


8 Balances of Trodo Receivables. !rode Payables ond LOons and Advances ore subjeci to confirn.otion ond consequential

odiustrnent, if any.

Place : Jolpu,
Dote: 121h November, 2020
DYN.A.M IC CABLES LIM ITED
F-260, Rood No. 13 V.K.I. Areo, Jaipur, Pin: 302013, Rojoslhon, Indio
UNAUDITED CASH FLOW STATEMENT FOR THE HALF YEAR ENDED 30TH SEPTEMBER, 2020
CIN:l31300RJ2007PLC024 ·139
(Rs. in Lakhs}
Hollyi,ar Ended 30-0~-20:20 ,. . Yeor Ended 31 ,034()20
PARTICUlARS
(Unoudlfed) (AudHed)

A. Cash flow from Operating Activities:


Nel Profit oetore tax 572.70 2.394.94
Adjustrncnts for :
OopfHCio:ion 39\.92 875,/2
jl'roWJ/Loss on solo o: Property, Plant one Equiprn0n1s ('l.54)
1n1ernsl income (85.lO) (163.52)
(acse ren: {:l0.35) (5979)
Unrealiwd f<Jreign exc11onge (goin)/loss (63.19) 257.85
Cloim, discount and written on 1.20 122.32
in!crost & Fincncc Chorues Paid 548.00 762.48 1..53238 2,555.42

Open:ning Profit before \'\l'ork.inu Capitol Changes 1.335.18 4,950.35


;"\t,iju\tments for :
lncmose / becreose ,n Inventories (1,001.20) (265.12)
lncreose / Decrease in Sundry Debtors 1,391.23 147.95
lncr<-·'OSH / I )<1creose in Shott r erm t. oons & Adv onces 159.11 (694.81)
mcreose / nocreose in Ot11er Current Assets (76.15) (47.60)
Increase I Decreose.in Irode povoble & Olher Current
(415.85) 618.49
l•cbilit;es
lncroose / necrense in Short Tenn Provisions 155.98 ?.07
mcreose/pecreose in Non Current Liability 17.23 2J0.;!?._ 33.64 (205.38)
C.mh Generaled from Operotlons 1,565,52 4,744.97
Oireci Taxes Paid (Nel) (55.46) (1,020.50)

Net Cash intlow/(outflow) lrorn Operotl,_19 Activities ·(A) 1,510.06 ==-1'724,47


. a. Cosh flow from lnvesfing Activities:
rurcnoses of Property, Plant ond Equiprne,11s (327.55) (701.43)
Froceeds trorn sole ot Property, Plont and Cquipmonts 26.23
lnh;r(;)t lncom,; 87.61 161.07
I.Q(hO Rfanl 30.35 53.31
lncmme / Dec(eOse in Long lerm Loans & Artvonces 48.01 (72.39)
Increase / Decrease in Other Nan Current Assets
incrcose / Decrease in nxe<1 Deposits 218.77 (250.29)
(783.50)

Net C:osh inllow/(outllow) trorn lnves_tlng Aciivttles.(B) (7~3.50)


C. Cosh flow from Financing Activities:
i'ayment or Dividend and DDT (6d5)
Prc,cccds/Repoymen1 from/of Borrowings (1,017.15) (1,340.12)
__._JS59.41) (1,576.5~ (1,541.08) (2,947.54)
Interns I & finance C~orges raid

Net Cash inllow/(oulflow) from Flnonclng .l\ctivitles cc(


Net tncreosa /lde<;reosc) in_ cash and CQ1h e\lu~vole,'!ls (,\+Bt_C) 0.&'1" (6.561
5.83 12.39
Opening Balance of Cc.istl and Cosh equivalents
Closing Solonco o.1 C_osh 011,:I Cash E.'quivolenis 6.52 5.83

Notes:
I Closing Salonce of Cosh Ii. Cosh Equivalents
6.36 5.67
Cosh on tiond
0.16 0.16
ealonco in Current Account
6.52 5.83

2 The figures for ihe corre1ponding previous period hove been regrouped/reclassified wherever necessary.
3 rhe above Cash How Statement hos been prepared under the indirect meihod,-set out in AS--3 notified under Section 133 of
Companies Acf, 2013

For & on e.ho


C \' I

(§~·'
\(; :1 " ' , ,
·,.
~f hish
i~ongol 1.-.,
, .;:,. , Mi{ri99ing D1 e,::!or .ti
Place: Jaipur
\:.:r ·' " D N No 00432213
Dote: 12th November, 2020
"~~

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