rz pnu[ menchnrurs...it is also submitted here that as per regulation 30(3xb) of the securities and...
TRANSCRIPT
o\rz Paul l[Brchants Lld.tu lS0 golh :20i5 C0nifi.d Comp.n, Clll: LraaOtDLltoaPlmA?S
Corp. ofiice. I PML House SCo 823-830 Sector 22.A, Chandigafi-j 6OU2
Ph. 0172-5041740, 5041 757, 5041792 Fax: 0172.5?41713
Beod 0tlic€ : oSM 335. 336, 337, 3rd Ftoor, DLF Tower, 15, Shiwii Marg,
NaFlgarhRoad New0elhi-]10015 Ph. :011-48702000
www.paulmerchants.net [email protected]
PMUBSE/BM t2019t474
Date: November 14,201g
Corporate Relations Department,BSE Limited,
Phiroze Jeejeebhoy TowersDalal Street
Mumbai- 400001
SUB: OU OME FBO D MEETING
INTIM ON EGU IONDISCL UR E UI EN
EBI STIN OBLI Tto ANDREG TI S 201 ..SEBI
ODR ula s"
ated Segment Results for the euarter and
F
SCRIP CODE: 113
TIME OF COMMENCEMENT: 12.00 p.M.
TIME OF CONCLUSTON: O2.2Op.M.
Dear Sir,
2. Statement of Standalone as well as ConsoliHalf Year ended September 30, 2019.
ln compliance with the provisions of Reguratior! 30 and 33 of sEBr (Listing obrigations andDisclosure Requirements) Regulations, 20.i5 read over with sEBl circular No.clRlcFDlcMDt4r20l5 dated 09.09.2015, we wlub rike to inform your good office that theBoard of Direc{ors of the Company in their {uly convened meeting held on Today i.e.Thursday, the 14s Day of November, 2019 tfas inter atia discussed anO approrej thefollowing:
1. standalone as wel as consorioated un-audit[d Financiar Resurts for the euarter and harfyear ended September 30, 2019.
3, statement of standarone as we as consoridated Assets and Liabirities for the harf yearended on September 30, 2019.
4. cash Flow statement (standarone as wefl as consoridated) for the harf year ended onSeptember 30, 2019.
5 Limited Review Report issued by statutory Auditors of the company on the aforesaidFinancial Results.
The said results have been reviewed by Audit committee in its meeting herd on 13rh Day ofNovember, 2019 and thereafter dury approved and taken on record by the Board of Direcrorsof the Company in their Meeting hetd today i.e. on i4rh Day of November, 2019.
IOREIGil
EXCHA}IGE
TOURS &
TRAVELS
0rfrB0uilDil0lltY TBAtISFEB
DOMESTIC
OilEY TRAl{SFER
rNrrsilATt0)tAt-
SIM CAiD
Pnu[ Menchnrurs
f
WESTEBTI UTIION
trl0llEY TBAI{SFE8
It is also submitted here that as per Regulation 30(3Xb) of the Securities and Exchange Board
of India (Listing Obligations and Disclosure {equirements)
Regulations, 20'15, we have
consolidated the said Financial Results with rFspect to our Joint Venture Company M/s
Horizon Remit Sdn. Bhd., Malaysia and with our lwo
Wholly Owned Subsidiary Companies i.e
M/s Paul Merchants Finance Private Limited arld M/s PML Realtors Private Limited for the
Quarter and half year ended September 30, 201:.
6. Designated Mrs. Bhupinder Kaur, Chief Finlancial Officer (PAN: ASOPK3920F) and Mr.
Hardam Singh, Company Secretary (FCt
materiality of an event or information and imaterial event or information under Regu
Disclosure Requirements) Regulations, 201 5]
; 5046) of the Company for determining
br the purpose of making disclosure of any
lation 30 of SEBI (Listing Obligations And
to the Stock Exchange.
nagerial Persons are as given below:-The contact details of both of the above Key Ma
Mr. Hardam Singh,Company Secretary cum Compliance OfficerPhone:-01 72-5(X1760Email: - [email protected]
Mrs. Bhupinder Kaur,
Chief Financial OfficerPhone: - 0172-5041733Email: - [email protected]
Yours faithfully,
For PAUL MERCHANTS LIMITED
We hope you will find the above in order. You are requested to take the same onyour records.
Thanking you,
SI
COMPANY SEC
FCS-5046
Encl: As above
( SECI()R
Qt
22-A
___-/.,nrcli
Pa,trl t\denclrarrrs Lrd3
E-m.|| r InfordtP.urm-F row.., a5, shrw.rr M..a. Ner.ta.,h tu-d. N-* o.lhFl1oor,5 ?h. :
5IAIIDALONE UNAUOITED f INANCIAT RESULIS FOR THE ANO HALF YEAR ENOEO ON sEP 2019
Amount in &. Lakhs) etc€ptShareand pershare data
PARTICULARSEnded 30.09.2019
Pre.edlnt3
Monthr End€d
:t0,06.201930.09.2018lnthe
Fltur€s ior the
P.rlod €nd.d
:10.09.2019
Fltur$ tor th€
:to.og.zt lEended 31.03.2019
I
IRevenue from Operataons 1.12,6s1 1,11,061
281,14,393
249
244,172
,10
2,99,401
493
4,39,A96
1,245
t 1,33,075 I,tt,347 1,14,602 2,11,422 2,r9,!!0 4,91,141
b
d
c
E4rens€5
cost of m.terials .onsumed
Purchase5 of Stoc*-ln-Trade
Changes in lnvento.ies oflinished 8oods, Stock-in-Trade and
Employe€ b€nefi ts erperu€
oepr€ciat{on and Emonizauon €u€nse
1,31,200
(4s3)
512
1!
69
1,3t0
r,o9,u5
1558)
398
10
6A
1,304
1,12,515
to1
487
13
7A
915
1,40,U5
(r,051)
910
23
137
7,674
295,891
(102)
955
29
1rt8
1,941
4,2,751
22
2,1,10
46
326
4A25
1,32,611 1,10,466 1,14,115 2,98,854 4,49,7t2
Prcfiv(lors) before erceptional items and tar (l-lv) 4al
t41 142
1,429
Profit/(Losrl Eefore rax (v-vl) 464 338 a0z 1,M6 t,429
v t
(1.)curentt.r(2)Deferedtax
49
714
130
(14s)
160
(101)
179
29
308
(197)
271
(2e9)
P.ofit {Los, for the peiod from continuiry operationr (Vll-Vlll) 241 353 428 594 93s 1,505
x
xt Taxexpenseof discontiiuedoperations
xI Profiv(Lo5s) from discontinued operations {after ta,() (X-xl)
x t Profrt/(lor5) for the period (lx+xlll 241 353 4Za t94 935 1,sos
Oth€r Comprchenslv€ lncom€
A li) ltems that will not be reclassified to profit or loss-
R€measurement GaanlLoss) o. d€fined benefit obiirations(llllncometa( relatingto items that will not be reclassifiedto
I (i) ltems that Mll be reclassified to profit or loss
(ii) ln.ome tax relatint to items that will b€ r€classified to proflt
{s)
I
(8)
I
(1)
0
{17)
{2}
11
(4)
Total comp.eh€nsive lncome for the p€riod (xlll+xlv)
(Comprislng Prcfir (torrl rnd oth€rCompr€h€hsive lntome for
23' 147 477 5al 937 1,512
xv
XVII
xvr E.mings p€r equity rh.re (for continuint op€ration)r
l1l Basi. (face value of R5- 10 each)
(2lDiluted (face value of R5.10 each)
EaminF per €quity there (for ditco.tinued opeEtlon):(1) Basic ltac€ value ot Rs.10 each)
(21 Diluted (face value or Rs. 10 eachl
Earnines p€r equity5hare (for ContinuiE and discontlnued
(1) Basic (face value of Rs.10 e.ch)
(2)Diluted (face value of Rs.10 each)
21.45
23.45
23.45
21.45
34.31
34,31
14.31
34.31
1t.62
47,62
41.52
41.62
57,76
57,76
51.16
51.16
146.41
146,41
145.t1
146.41
I
I
E
90.96
90.96
90.96
90.96
o-
,
rh. ComD.ni.s Acr, 2013 Ead with Rul. 3 ol th. Companles (hdlan Accountiry st.nd.d, Rules, 2015 .nd Companies {lndian Aeounting Standard, Ai}.ndm.nt RUcs, 2016,
1:1::a19
.r.?ss.d any resefr atio. or q!alif ication.
EEprional ltemt abde, TheE are no oth€r erc.ptlonal or ert6 odinary item to b. reported.
5 S.gment reporting is done ln acordance with l.d-A!1o8and segment wise.eports areenclos€d
5. PEviols penod FiguEs have been resrouped/reclassined and reaftnged wherevernece$ary to make th€m compaEble with curent perlod figlres.
lea3es In accordance with 9aE 6 ofthe INO A5. Th..doption oa rtandard doe3.ot haE any mt.rl.l impact o. the nnencl.l Esults ofthe comp..y.
clstome6 dudngthe quaerand h.{yearended 30 Sep 2019 Mr Rs 1191Lacs and Rs,230s Lacs respectiv.ly.nd forquartere.dlngiu.e 2019 m5 Rs 1114 k6.
financial results have been pcpa€d o. the basisthat the company rould .vail the said option to pay tlx et Low. Ete oftax.
11. The quarterly Resllts are available on the website of BsE Limit€d at http://www.bseindia.com and on the website ofthe comp.ny at http://ww.paulmerchents.net
s
x5at
OC14
.\la$N
Place: Chandigarh
Dat€d:14.11.2019 DI
Chai.man&3
red
Menckarvrs Lrd-'Paul
E-mrn : rnro€,eautd.'.w.., lt sh.vajI Mars, N.i.rtErh Road, N6w o''
SEGMENT RESULIS TON THE qUARIERAND HAII YEAR ENDEO:IO.O9-2019sTATEMEI{T OF STANDAION E
30.09.2018
ended31,03.Z01930,09.2013|nthe
30.09.201930,06.2019
PARIICUTARS
1
\ar,u11,12,921
127
2,1r,r141,37,131
21 23
(a)
{c)
tr€tel./iimr' sh!€sE )
L6: ht rsqrErlt R*nc{a)
{c)7,13,7171,32,651Net -l6nkoh€ F.oE o9er.tion3
547
33
5682332v
2
{b)
ipbnrx+)/ r.$ t.t h.tore rrr and rnbr.n
1,,120315
1,2a5
1l
210
23
262
235iii)
i)
oiher lJn.a{aable Erpenditure net oif
313133ztz
!
135
1,5t1
2,052
I
(b)
201
533
2,566
1,521
33,0,12
513
12
519 1,5U
(a)
(d)
(s.smenr ast5 - s.sment Llablliti*)
13,55,113,t54
1. fd UE half y€ar ended 3orh sep 2019, Segmenr reEnE . Trarel cpreenG sal€ of TE€l Pa.kages, ret fte earEd d b@l(ng of Air ticket , Hoi€l and Pack ge dore on
behalf of .Gromeu lnd trcenltEi r*d . Gl6 amount of dE beking ol air lickel , ltot€l .nd Package .tom on b.hslf ot chtohds d6hg the quard d half vear ended 30 sep
2019 was is I 191 Lacs .nd tu. 2lo5 L&t rsF<ti€ly and t r qE rq endlng JUE 2019 was R3 11 1a tacs.
2. Previs p€riod flgr* haE b€€n redanged and Es@ped $tEr*r Eesry to make rhem @mparable wil}l cment perlod flgu6
D.red: 1a.u.2ol9
5r. No
t:
Pau[ Menchnnrs LrdS(an lso roor :2015 c.dtfl€d co.) (ctxj L7agoooLt 96apLco I aa7!).t
Statement ofStandalone Assets & Liabllities
As at 30th sep, 2019
(1) on-Current Assets
a)
b)
c)
d)
e)
0s)
(h)
(i)
(,
Property, Plant and Equlpment
Capital Work ln Prog.ess
Investment ProDerty
Goodwill
Other Intanglble Assets
Intangible Assets Unde. O€velogment
BlologlcalAssets other than bearer plants
ii) Trade Rec€lvables
iii) Loans
lll) Others ( to be specifled)
Deferred Tax Assets (Net)
Other Non-Current Assets
16,480.99
6,472.36707.43
323.52
70.88
7,465.39
16,880.99
352.57
70.88{21
ii) Trade Re.elvables
lll)Cash and cash equlvalents
lv) E nk Balanc€ Other than tii above
v) Loans
vl) Others
current Tax Assets ( Net)
Oth€r Current Assets
1,518.29
9,058.50
370.93
640.93
101.88
3,5r1.72210.86
524.30
16.85
456,90a)
b)
c)
d)
40,540.05 39,672.72EQUITY AND LIABILITIESEQUITY
b)
a) Equity Capital
other Equrty102.40
38,451.11102.80
37,890.89LIABILTTIES
(1) Non-Current Liabilities
a)
b)
c)
d)
c)
d
Ili) Otherflnanclal li.bilities (other than those spectfied an item (b), to be specified)
oefered Tax Liabilities ( e0Othe. Non-orrfent tlabllitiesDefened tax liabilities (Net)
Other non-@rrent llabilitles
Financial Liabilltles
l) Borowings
ii) Trade Payables
161.39 147.44
r2) Current Liabilities
a)
b)
c)
FinancialUabilities
i) Borrowlngs
ii) Tr.d€ Payables
Other Current Liabilities
2.47
658.45
890.25
273.18
73.02
363.33
797,17
363.74
Iotal Eqully and Uabilities 40,540.05 39 672.72
Byorder
I
&Ma nagillgDirector\r*o-DI
Sat Paul
Chai
Plac€r Chandlgarh
Dated:14.11.2019
le
-a-.E-mait : [email protected] Webdte : www.pautme..hants-net
REGD. OFF-: DsM 335? 336. 337, 3.d Floot OIF Tower, 15, Shivaia Mara, NajaIAarh Road, New Oethi-UOOts ph. : (,1I-4aTOZoOO
Audit€d
5,586.08
485.98
647.O4
104.96
7,41,9.72
130.55
434.18
14.05
Board
CORA Otr,r PMt House,SCO 829'830, Se.tor 22-A, €handiSa.h ' 160 022 Ph 0172-5041?85, 5025090 Fax : 01?2-5&1709
[-mail : [email protected]€t Website : www.paulfi€r'hants net
ntco.OtF.:DSM335,336,337,3rdrloor,DrFTower,15,ShivaiiMar8,NaiafgarhRoad,NewDelhi'110015Ph:011-48702000
STATEMENT OF CASH FLOW AS ON 3OTH SEP, 2019
Paul Mrnchrnrs LrdSlan ISO 9oo1:2015 C.rtinod co.) lcltl | !t49@ou984P1c018679)
1,440
(40)
(479)
46(6,316)
2(8s)
(454)
(111)
(e1)
14
(3e)
(467)
(5,6,l:})
507
M2
1877 )
(10,092)
205
89
454
81
(9,499)
(13)
11,711)(46)
(r,77{)
(1,866)
(227)
9,,103
22
3,638
1,2088,374
(3,4s2)
5,995
1
(307)
(166)
9,630
121)
309
(1,051)
3.584
(115)
(3)
\4,228),86
3
295
(1,02r)(175)
(1,196)
799(123)
39467
761,256
(10)
(23)
(53)
6
641
A. CASH FLOW FROM OPERATING ACTIVITIES
Profit be{oae Tax
Adjustment lor:
DeprociationProfiuloss on Sale of Fixed Assets/lnvestments
Gain on Sale ofMTSS business
Gain on Sale of lnveslrngnts
Financ€ Cost
Short Tem Provisions
Long Term Prcvisions
Rental lncome
lntorest lncome
Dividend Received
OPERATING PROFIT(LOSS) BEFORE WORKING CAPITAL
CHANGES
Adjustment for :
Net changes in operating Assets & Liabilities
Decrese/(lncrease) in lnventory
lncrease in Cunent lnvestmeots
Decrease in Tlade receivable
lncrease in Other Bank Balanca
lndease in Short Term Loans & Advances
D€crease in Curront Tax Assets
Decrease in other Cunent Assets
Dedease in Trade Payables
Decrease in Other Curont Liabilities
CASH FROM(USED IN) OPERATIONS
lncome Taxes Paid
NET CASH FROM(USEO IN) OPER,ATING ACTIVITIES
B. CASH FLOW FROI INVESTING ACTIVITIES
Sale of Fixed Assets
Purchasa of Fixed Lssets
lncrease of Non Curent lnvestments
lncrease in Other Non Curent Assets
Rentallncome
lnterest lncome
Dividend lncome
NET CASH FROM/(USED IN) INVESTING ACTIVITIES
C. CASH FLOW FROM FINANCING ACTIVITIES
Dividend Paid
Bonowjngs (Net of Repayments)
Long Term Borowings
Short Term Bono,vings
Finance Cost
NET CASH FROrr./ (UsEo) lN FINANCING ACTIVITIES
Net Change in Cash & Cash Equivalents (A+B+C)
at the nn oI theCash and Cash
v i.li.,.8$
22-A
&
*
,oc/4
a(Sat
DIN
chai
H
S 0clECTORPla.e: Chandigarh
Dated: 14.11.2019
By order of the Board
lle.c .t !:9.,
785
137
otCesh
/
JAIN & ASSOCIATES
CHARTERED ACCOUNTANTS
lndependent Auditor's Limited Review Report on Standalone Unaudited Quarterly and Year to date
financial results of the Company Pursuant to the Regulation 33 of the SEBI (tisting Obligations and
Disclosure Requirements) Regulations, 2015
Review report to
Board of Directors,
Paul Merchants Limited
We have reviewed the accompanying Statement of Unaudited Financial Results of Paul Merchants
Limited for the Quarter and Half year ended 306 September, 2019. This statement is the responsibility
of the Company's Management and has been approved by the Board of Directors. Our rgsponsibility is
to issue a report on these financial statements based on our review.
We conducted our review of the Statement in accordance with the Standard on Review Engagements
(SRE) 2410 "Review of lnterim Financial lnformation Performed by the lndependent Auditor of the
Entiv', issued by the lnstitute of Chartered Accountants of lndia. 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 and analytical
procedures applied to financial data and thus provides 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, nothing has come to our attention that causes us to believe
that the accompanying statement of unaudited financial results prepared in accordance with applicable
accounting standards and other recognized accounting practices and policies 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.
For JAIN & ASSOCIATES
CHARTERED ACCOUNTANTS
Firm Reg. No.- 01351N
(NEERAJ JAIN)
PARTNER
M. No. 089477
uDrN. I q08 1 \-11 AAAALH 18 oo
Date: 14.11.2019
Place: Chandigarh
S.C.O. 178, Sector 5, Panchkula
Phone: 9876L10632
Email : !p!piai!@s4a!!.-g,
Pnul MsncJra,r.rs Lrd -'..5o25osfu:0172-5@17@
6-han : r.b€)P-lrrenbr_ 1s,shrv€rr
'Ers, Nnr.ra,6 &.d, N.w hrhLlaoo
CONSOUDAITD UNAUDFSD fII{AJ\IOAT ATSUI'S FOR THE ANO HAL'YEARTNOEO ON sIPIEMBER 2019
11A/Vi
{Amolrt In ns, L.IE) ercepr share and per sh.re dara
30,06,2019:t0.09.2019 :10,09,2018
31.04.2019
Rewnue from OgE6taons
lll
Is
cst of hate.ials conr{med
Putn ses or Stckln-Tr.deChanges in iN.ntoder of fr.ish€d goods, 5t@k-in-T6de .nd
Employee b€nefts expense
D.preciationand.monir.ri.n.xpene
(493) 6s3)
75 33
l1,0sl)
2,95891
{1o2)
\lrt
7,Or9
119
PrcfiVllold beiore exceplional items and tar (t-lv)
vI
15s
lt47lProfit {Lo5r} lor th. p.rlod lrom co.tlnulng op.r.tions (viavIr)
Tar €rpense otdisco.tinued oDemtions
xr P.ofir/lLoss) rom dis@ntlnued op€Btionr (after t r) (x-xt)
sher. ot Prcft (tord ot.$o.l.t s andjotntv€nturce
a..ounted lor usanr.qultv nerhod (3){s)
xlt Profit/{lori) forrh. p.nod {lx}xllOth.r CoBprehentlv. home
A (0 lrens th.t will .ot be c.la3sified ro p.ofit or toss-
Re mea3u re hent cain (Lo$) on de, ned benefit obtiSariong
{ii) lncome t x Elatias to items thar will mr be ectassined to
8{i) ltemsthatwill b€.€chrsifredro poff or l6ss(ii) hcome tar relating to items rhar willbe re.tarsified ro
u1) 113)
(2)
p4)
t2t l1)
ToLl Comprehensive ln@me aor the perlod lxtlr+xtv)(conp sins Protit (!or3) and other comprehenslv. tn@me
xvI
Jtuolft or lo$, .nrrburable to:
lNon{onr6llins interests
I
lTot r Cohrr.heEiv. ln.ome lor rh. p.riod .trrtbuLbk
Non<onrollhr interests
E nin8s p€r equity s[.8 {for contlnuins oper.rion}l
11) B*E{f.e valEof R3. 10.ach)
{2) 0 luted llae value o, R5 l0ea(h)Earnings p.r equfty rhare (ford'5@ntrnued op€6rionl(1) B8k (Le value oa Rs. 10 e..h)(2) Dilut.d {h.e valE of Rr. 10 ea.h}
Eamin8r perequity star€ {forcontinuing.nd dk.ontinued
11) sa5k{hceval@of Rs. 10ea.h)
{2)Diluted (face value of Rs. 10 each)
i$a
53,16
2,203
red
o
2<'
ctA
133
13
82.0,83l]
IOR22.N
r. r1l€ un-audibd coMlid.ted fi.aftjal .€5uhr lor Quaftr & H.ll Year €hd€d s.prember 30, 2019 a.€ p.ep:.€d in ..cdrne *nh th. lndi.n a4ounlin8
:tl ot the cdpani.s Ac! 2013 re.d wirh Rul. 3 of the Comp.ni6 (rndian A.ou ntiry standa rd, Rul6, 2015 a nd compa.a6 (hd ia n Acmunrin3 st.hd.d, Am€ndm.nt nu b!, 2016,
sbndards ( nd-As) a' pG*ribed under s.clion
2 I}E .bore Unrudred consoridahd fin.nd.l results alonsw th s.cm.nt wn. resula, statement ol Assets & uabilti6 and calt Flow sfr.f,lnt
'Ri*€d & [email protected] by th. audit commitre. in iG *trn3 held on 13.11.2019.Ihe eme hare been apprcv.d and bk* on [email protected] bvlh. Bord ol oir..6 oi th€ comp.ny in then me.tiq held
for th€ Ou.d€. & H.lf Yea. .nd.d :0.m.2019 wep
r. th. sdutory auditoB ol rh. c.m9.ny hav.
dpBsed any E. alion orqual,idion
ericd out ih. Uh it d R.vi.w of .bove U hnu dit€d co..olidated Finand al i.su lB f* th. ao.nd & Italf y..r ..d.i 30. m.2019, on whi.h lh.v hav. nor
4. Duringthe hatfyearended 30 S.p 2019, the company had &ld it' two prop.rtict.t Delhiand Cha^digarh and incurEd Net los on 3uch sle.nouotinat6 Rt.142L6.pre*nted.t pointVl- tuceplion.l lt€m.bde. The,e are nootherex.ePlionalorext6 ordinary item t6 be Eport.d.
!. s.sment rep.rtins G don. in amdah@ with lnd-a:'$A and s.Ement wk. r€poft ar€ €ncLosed.
6. pr.vious Eriod ri.ures have been r.!.oup€d/.€cla$ilied and r.a(ansed wherever he@$ary to hake them .omlaEbl. wi6l cumd penod fi8ur€s-
bm t€aser tn a@rd,ne wirh,rr.6 o, rh. ND As .Ih€ adoption of th. ltandad dG nor hzv..ny d. !limp.d on OE n.a.dal.6ult5 otrlE C.mp2ny.
& rn tmr ot i.ell.don 33I2l (.)ol5.d.,r6 &d Erdans. Berd ot Indra lusthg obla!.tiG and Dk l6uE R.quiEmd|6) Rnd.lMr 2015,ih. chl.t fiE j.lolft6rnd M.n lins Dlre.to.
...oli€d th.t dt. an E fin*dc rslis do not Mt ln anv f.r* d nisl.rdns ftEn.d d ngu6 .nd do not mn.nv m.t d.l f.d whadr dy nrle dP dmmE d ngu6 @t lEd th.BnmBledin!.
9,Th€E16mchansesihihea@untin3polici.3olth.Companyexeptthatfdthehalfy.rrend.dS.p2019,R.E.elrcmop.EtionsiEluddS.hofT.lP.c*as.s.ndim.niiv.sBc.ived on sbss b:sB s,h€r..3 l&n!. e.red on bootnE of An tkk 15 .d Hor.b.r.. on b.h.lt of custom.B har b..n 3h n on ml b.sb. G@ amonr ofthe b.oki.E ofAir thk.t3
and 8or.ls6t don. on b.h.lf ol customE dudna th€ qu.6r.nd h.lf V..r.hded 30 S€p 2019 was tu 1191 Lr6.nd &, 2!05 b€ etp€.tlvely .nd for qu.rt.r..dhl lqn. 2019 was Rr
April I 2019, pusurnt to Regul.tid 33(3) ol sEBi ludins oblisztio6 .nd DisclotuE f,.quremenB) Regulations, 201s, es .n€nd.d.
crvcro/cMD1^4/2019 d.t d M:rdr 2e, 201e.
The€ lin,n.ial rcsult h.ve ben p.€pa.€d on the baeis thar th€ comp.ny would avail the said optio. to p.y br at lowe rate ol bx.
http://9w.pa0lm.r.h.nti,E!
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<oRp. oFF.. pM! r{ou3e, sco a29-aro, secror 22-A, chandigerh - 1& o22 Pl1. ol12-5o4lre6,5o2so9o tax : o172-5o417o9
E-m.ll . ,.ro@paulmerchants,ner Website : ww p.llmer.haht. net
RCGO. OFF.: OSM 335, 336, 337, 3rd floor, OLF rowet, 1s, shlvajl M.rA, Naiafa.rh Aoad, .aew Delhl-11oo15 Ph. : OU-447o2ofi)
I(an rso roor :2015 c.nrf€d co.) {crN: LT,isoooLl ea4Pl.coiaaTr)
UNAUDITED STATEMEIVT Of CONSOLIDATED SEGMENT RESUI.6 fO8 QUARIES AND llALF YEAR ENDED ON sEPTEMBER 30, 2019
{Rr.lnl.kh3}
30.09.2018 h rhe
30.09.201930.09.2018
31.03.201930.09.2019
Precedin83
:to.06.2019
Sr. No PARTICULARS
1
2.,96,@1
2,147
1,036
4,45,221
4,74
2,213
1,31,437
190
1,066
1,10,912
96
844
1,12,n8
1,141
731
2,41,179
286
1,911
(N€rsre/n.ofre om ea.h se8menr )
(a)
{c)I,m,m71,13,693 1,11,885 1,14,@7 2,45,579
(a)
G}
!6.: lnter S4gmnt R*n!.
l,@,0871,13,693 1,11,886 1,14,802 2,4r,579Net sales/ln.ome From Operations
46
i11
2,200
147
17
570
412
83
1,7U
568
70
745
254
728
233
42
tt7
2
(a)
(h)
s.rMt i6ult3 (Mlr)(+l/ t6 l-l b.l,€ lrx .nd lnt 3t
t,211886 1,910 1,3411,O21
115
549
29
403
119
1,795131
762 741
158 130
191
i)
ii) OtlEr Un atldable alpenditu.e net ofi
1,441 1,404 7,196477 7'11 747Totll Profit B.fore Td
2,191
306
24,194
16,229
3,409
313
13,977
22,941
5,166
7t6
17,455
2,191
306
24,i98
16,7?9
7,216
232
22,194
18,5,14
!,.O9
331
13,8n
2?,941
3
(b)
(c)
(d)
40,541,tl,19o .40,t60 12,925 .10,t6042,925
841
261
2,268 2,17O
1,196
13t
3,61
1,347
106
3,593
2,042
190
2,268
811
261
1,347{.)(b)
(c)
{d)
setmst Llabllitie!
t,375 1,80i5,069 5,341 3,!7t
444
Nl24,194
16,229
3,616
2,566
70
11,An
22,911
2,2@
4,17O
111
17,455
2,170
u4201
24,194
16,229
3,615
42
22,198
18,544
t,59A
2,566
70
1r,8n
27,941
2,2@
5
(a)
(b)
(c)
(d)
(e)
C.pital Ehploy€d
(segmnt a*tr - segment tiabilitie,
17,856 37,186 36,74037,856 37.J49 37,186
Segment reEnw . Travel rcpreents Sale of T.aEl Packages, net reEE €arned on booldng of An ti.ket , Hotet and Paclige
done o beh.tt of cBtomE and trcenti!€r red . Gr6s amost of tie boLng ol air ti.tet , Hotel and Padage &m q behalf of .ustomR durin! tlE qu.rer and hatl
year ended 30 5.p 2019 Es Rt 1191 La6 and R5. 2105 L.c re+e.tiEly a.d f* quarter endng lue 2019 mr Rs 111{ Lac.
2. PBio6 Friod figurcs haE ten Eacnged and regreFd whercEr B6ery ro mak€ tlEm @mparable witi crent Frlod figur€s
1 . tor tne half year erded loth sep 2019,
Dated: 14.11.2019 sat
ot
drl ere
By order of the Board
scoSn'$0 I
sEcTo,qz-i l
-J-l,\iDlC
i
Pnul Mencknnrs Lrdl1An tSO 9O01 :201 5 Cenlfi6d C6.) {ClN: L7l900OL' 9aaPLCOl6679i
CORP. OFF.: PMt House. sco 929-830, Seclor 22-A, Chandlgarh - 160 022 Ph, O172-50417a6, 50250ao Far : 0172-5041709
f-mail : [email protected] WebdE : w\.rv..paslmerEhants.net
REGD. OFF.: DsM 33S,336,337, 3rd iMa rh fl ew D€lhi-11.0015 Ph. : 011-44702000
Consolidated Statement ol Assets & Liabilities(flgures ln Rs. ln
sbclA rc By order o, the Board
3t\zs
c
As at 31st Mar, zo19As at :|fth S€p, 2019
unaudited AuditedParticulars
ASSETS
(1) Non-Current Assets
68.08
6,646,24
107.43
331.48
1,496.19
7,567.49
72.99
357.06
1,838.19(i)
(j)
a)
b)
c)
d)
e)
0s)
(h)
Property, Plant and Equipment
Capital Work in Progress
Investment ProPerty
Goodwill
Other Intangible Assets
Intangible Assets lJnder Development
Biological Assets other than bearer plants
FinancialAssets
l) tnvestments
ij) Trade Recelvables
iii) Loans
iii) Othe6 ( to be speclfied)
Deferred Tax Assets (Net)
Other Non-Current Assets
(2) Current assets
5,596.83
485.98
1,O74,34
104.96
24,t97.46
204.21
662.38
30.59
1,518.29
9,799.69
370.93
1.185.48
r06.52
17,675.56
238,53
811.71
49.34
466.90Inventories
FinancialAssets
i) Investments
ii) Trade Recelvables
Iii)Cash and cash equivalents
iv) Bank Balance Other than iii above
v) Loans
vi) Othe6
Cunent Tax Assets ( Net)
Other Current Assets
42,924.96 40,540.81
)
)
c)
d)
b
EQUITY AND LIABILITIESEQUITY
102.80
37,753.39
102.80
36,637.48Equity Capital
Other Equity)
)
a
b
LIABILITIES
Non-current Liabilities(1)
163.94187.13
a)
b)
c)
d)
Financial Liabilities
l) Eorrowings
il) Trade Payables
iii) Other financial liabilities (other than those speclfled in item
Provlslons
Ereferred tax liabilities (Net)
Other non-current liabilities
l2') Current Liabilities
2,630.49
615.32
1,O75.52
560.31
1.684.41
406.19
Flnancial Uabillties
i) Borowlngs
II) Trade Payables
lil) Other financial liabilities (other than those specjfied in item (b). to
be specified)
Other Current Liabilities
Provlsions
Current Tax Llabllltles(Net)
a)
b)
c)
d)
42,924.96 40,540.81Toial Equity and Liabilities
IIII
II
II
Place: chaadlgarh
Dated:14.U.20t9
(Chairman & Ma Di
Sat
{
\(arc
447.t6698.83
8y order ofth€ Board
Chandlsarh
14.11.2019
5at
COiP. OFE: PML House, SCo a29-a30, S€dor 22,A, Chln.tig.rh - t5l, O22 ph. Ot72-5O417a6, 5O25O9O Fax : 0172-goa17otE-mait I [email protected],oet Webslte : www.piutmerchanE.n€r
iEGO. Oaa.: OSM :l!5. 3!6. 337, 3.d Floor, Ot,i er,15, Shiv.it M.E, N.j.fo.rh io.dr N* D.tN-11@15 ph.: O11-487O2OOO
CONSOLIDATED STATEMENT OF CASH FLOWAS ON 3OTH SEP,2OI9
Pnu[ Msncknnrs Lrdlla. rso sool:20r 5 c€drfDd co.) (ctr.r LT.sooDlr$.prco1557s)
1,559
153
134
015)'t 15
(13s)
(3e)
(1271
(3s)
(4Ss)
119
(6,031)
12
(e7)
(442)
(01)6
2,398
349
(40)
A. CASH FLOW FROM OPERATING ACTIVITIES
Profit bebre TaxAdjustrent for
Oepr€clation
ProfiULoss on Sale of Fixed Asssts/tnvestrn€ntsGain on Sale of MTSS busin$sGain on Sale of lnvestmentsFinaoce CostShort Term ProvbionsLono Tem ProvisionsRental lncomelnterest lncomoDMdend ReceivedOlhor Adjustments
oPERAING PROF|TT(LOSS) BEFORE WORKI{G CAP|TALCHAiIGES
Adiustment for :
Net changes in operatjng Assels & LiabititiesDecrese/(lnqeas€) in lnventoryDecrease in Cunenl lnvesltnentsDecrese/(lncrease) in Trade receivableDecrese/(lncrease)lncrease in Other Bank Balancelncrease in Short Term Loans & AdvancesDecrease in Current Tax AssetsD6crease/(lncr6ase) in other Curent AssetsOecrease in Trade PayablesOecrease ih Olher Cunent Liabitit;es
casH FRoM(usED tN) OPERATTONSlncome Taxes PaidNET CASH FROM(USED INIOPERATING ACTIVITIES
B. CASH FLOW FROM INVESTING ACTIVITIES
Sal€ of Fixed AssetsPurchase ol Fixed AssetsDecreas€/(lncrease) of Non Current lnvestmentslncrease in Other Non CurentAssetgAcquisition of stake in SubsidiaryRenhl lncomelnterest lncomeDividend lncomeNET CASH FROM(USEO II{) IT{VESTING ACTIVITIES
C. CASH FLOW FROI' FINANCING ACTIVITIES
Dividend Paid (tnctuding Dividend Distribition Tax)Borrowings (Net of Repayments)
Long Tem Borro/ringsShort Term Borrowings
Fanance CoslNET CASH FROM/ (USED) IN FINANCING ACTIVITIES
NetChange in Cash & Cash Equivatents (A+B+C)
oftheCash and Cash atthe
1,525
(31)
799(272)
5(s8)
185
(1 11)
(1,0s1)
4,3't8(115)
2(6,488)
149
19
20s224
(r,20s)(386)
(,591)
39
127
39
679
946(1r5)800
(4,328)
(1,790)
975
22
2,917
1,204
8,688(r 1,919)
5,743(1s)
(406)
(3e)1,77X
(488)
1,285
645(949)
(e)
(910)
(,892)
442101
(2,4741
(13)
(468)
(119)
(600)
c
o 4
ed \
JAIN & ASSOCIATES
CHARTERED ACCOUNTANTS
lndependent Audito/s Review Report on consolidated unaudited quarterly and year to date
financial results of the Company Pursuant to the Regulation 33 of the SEBI (listing Obligations and
Disclosure Requirements) Regulations, 2015
TO THE BOARD OF DIRECTORS OF
Paul Merchants Limited
1 We have reviewed the accompanying Statement of Consolidated Unaudited Financial
Results of Paul Merchants limited ("the Parent'') and its subsidiaries (the Parent and its
subsidiaries together referred to as "the Group"), and its share of the net profit/(loss) after
tax and total comprehensive income / loss of its associates and .ioint ventures for the
Quarter and Half year ended 30th september, 2019 ("the statement"), being submitted by
the Parent pursuant to the requirement of Regulation 33 of the SEBI (ListinB Obligations and
Disclosure Requirements) Regulations, 2015, as amended. Attention is drawn to the fact that
the consolidated figures for the corresponding Quarter and Half year ended 30th September,
2018 as reported in these financial results have been approved by the Parent's Board ofDirectors, but have not been subjected to review.
2. This Statement, which is the responsibility ofthe Parent's Management and approved by the
Parent's Board of Directors, has been prepared in accordance with the recognition and
measurement principles laid down in lndian Accounting Standard 34 "lnterim Financial
Reporting" ("lnd AS 34"), prescribed under Section 133 of the Companies Act, 2013, and
other accounting principles generally accepted in lndia. Our responsibility is to express a
condusion on the Statement based on our review.
3. We conducted our review of the Statement in accordance with the Standard on Review
ErEagements (sRE) 2410 "Review of lnterim Financial lnformation Performed by the
lld€pefdent Auditor of the Entit/', issued by the Institute of Chartered Accountants of
lrda. A review of interim financial information consists of making inquiries, primarily ofp€rssrs rEponsible for finaocial and accounting matters, and applying analytical and other
r* Fodur6- A review is substantially less in scope than an audit conducted in
mdrr: rlh Stardards on Auditing and consequendy does not enable us to obtain
assurance that re Eld becorfl€ arare of all significant matters that might be identified in
an audit. Accordirgly, E do nct eryr€ss an audit ofinion-
We also performed procedtnes in @dafr rith ttr ciro&r issued by the SEBI under
Regulation 33 (8) of the SEBI (tistirE Ot ieatiIls -d tlsdosrre Requirements) Regulations,
2015, as amended, to the extent applicable.
(i) Paul Merchants Finance Private Limited (formerly known as Paul Fincap Private
Limited), Wholly Owned Subsidiary
(ii) PML Realtors Private Limited, Wholly Owned Subsidiary
(iii) Horizon Remit SDN. BHD., Malaysia, Joint Venture
octA
rlCrcO
S.C.O. 178, Sector 5, Panchkula
Phone: 9876110632
Email: [email protected]
4. The Statement includes the results of the following entities:
JAIN & ASSOCIATES
CHARTERED ACCOUNTANTS
5. Based on our review conducted and procedures performed as stated in paragraph 3 above
and in paragraph 6 below, nothing has come to our attention that causes us to believe that
the accompanying Statement, prepared in accordance with the recognition and
measurement principles laid down in the aforesaid lndian Accounting Standard and other
accounting principles generally accepted in lndia, has not disclosed the information required
to be disclosed in terms of Regulation 33 of the sEBl (Listing obligations and Disclosure
Requirements) Regulations, 2015, as amended, including the manner in which it is to be
disclosed, or that it contains any material misstatement.
5. The consolidated unaudited financial results includes the interim financial statements/
financial information/ financial results of Malaysian Joint Venture which have not been
reviewed/audited by their auditors. The consolidated unaudited financial results also
includes the Group's share of net loss after tax of Rs. 3.23 Lakh and Rs. 4.90 Lakh for the
Quarter and Half year ended 30.09.2019 respectively as considered in the consolidated
unaudited financial results, in respect of Malaysian Joint Venture, based on their interim
financial statements/ financial information/ financial results which have not been
reviewed/audited by their auditors. AccordinB to the information and explanations given to
us by the Management, these interim financial statements / financial information / financial
results are not material to the Group.
Our conclusion on the Statement is not modified in respect of the above matter
For JAIN & ASSOCIATES
CHARTERED ACCOUNTANTS
Firm Reg. No,- O13Q1N44t'eN\ t (NEERA' JAIN)
PARTNER
M. No. 089477
UDIN: lq AAAbr5310
Date:14.11.2019
Place: Chandigarh
S.C,O. 178, Sector 5, Panchkula
Phone: 9875110532
Email: n pn p ia in (dsma il. co m