General information about company

Scrip code509040
NSE Symbol
MSEI Symbol
ISIN*INE040F01033
Name of companyNETLINK SOLUTIONS (INDIA) LIMITED
Type of company
Class of securityEquity
Date of start of financial year01-04-2020
Date of end of financial year31-03-2021
Date of board meeting when results were approved17-06-2021
Date on which prior intimation of the meeting for considering financial results was informed to the exchange08-06-2021
Description of presentation currencyINR
Level of rounding used in financial resultsLakhs
Reporting QuarterYearly
Nature of report standalone or consolidatedStandalone
Whether results are audited or unauditedAudited
Segment ReportingMulti segment
Description of single segment
Start date and time of board meeting17-06-2021 16:50
End date and time of board meeting17-06-2021 17:15
Whether cash flow statement is applicable on companyYes
Type of cash flow statementCash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualificationDeclaration of unmodified opinion



Financial Results Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-01-202101-04-2020
BDate of end of reporting period31-03-202131-03-2021
CWhether results are audited or unauditedAuditedAudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1Income
Revenue from operations2.256.11
Other income39.36312.19
Total income41.61318.3
2Expenses
(a)Cost of materials consumed00
(b)Purchases of stock-in-trade00
(c)Changes in inventories of finished goods, work-in-progress and stock-in-trade00
(d)Employee benefit expense 8.7935.44
(e)Finance costs0.010.01
(f)Depreciation, depletion and amortisation expense2.014.35
(f)Other Expenses
1Other Expenses26.7248.72
10
Total other expenses26.7248.72
Total expenses37.5388.52

Financial Results Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-01-202101-04-2020
BDate of end of reporting period31-03-202131-03-2021
CWhether results are audited or unauditedAuditedAudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
3Total profit before exceptional items and tax4.08229.78
4Exceptional items 00
5Total profit before tax4.08229.78
7Tax expense
8Current tax00
9Deferred tax15.43-0.79
10Total tax expenses15.43-0.79
11Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement00
14Net Profit Loss for the period from continuing operations-11.35230.57
15Profit (loss) from discontinued operations before tax00
16Tax expense of discontinued operations00
17Net profit (loss) from discontinued operation after tax00
19Share of profit (loss) of associates and joint ventures accounted for using equity method00
21Total profit (loss) for period-11.35230.57
22Other comprehensive income net of taxes00

Financial Results Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-01-202101-04-2020
BDate of end of reporting period31-03-202131-03-2021
CWhether results are audited or unauditedAuditedAudited
DNature of report standalone or consolidatedStandaloneStandalone
Part IBlue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
23Total Comprehensive Income for the period-11.35230.57
24Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
25Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent00
Total comprehensive income for the period attributable to owners of parent non-controlling interests00
26Details of equity share capital
Paid-up equity share capital2529225025292250
Face value of equity share capital1010
27Details of debt securities
28Reserves excluding revaluation reserve701.84
29Earnings per share
iEarnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations-0.459.12
Diluted earnings (loss) per share from continuing operations-0.459.12
iiEarnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations00
Diluted earnings (loss) per share from discontinued operations00
iiEarnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations-0.459.12
Diluted earnings (loss) per share from continuing and discontinued operations-0.459.12
30Debt equity ratio
31Debt service coverage ratio
32Interest service coverage ratio
33Disclosure of notes on financial resultsTextual Information(1)

Text Block

Textual Information(1)Notes:

1. The above results have been taken on record in the meeting of the Board of Directors of the Company held on June 17, 2021, after review by the Audit committee at its meeting held on June 17, 2021, and audited by the auditor. These financial results were subject to audit by Statutory auditors of the Company who have expressed an umodified opinion thereo

2. Figures are audited and have been regrouped wherever necessary.

3.The Indian Accounting Standards (Ind AS), as notified under the Companies (Indian Accounting Standards) Rules, 2015 are applicable to the Company commencing from April 1, 2017 being the date of adoption of Ind AS by the Company. Accordingly, these audited financial results for the year ended 31/03/2021 are prepared in accordance with the Indian Accounting Standards (Ind-AS)as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and Companies (Indian Accounting Standards) Amendment Rules, 2016.

4. The results for the Quarter ended March 31, 2021 is the balance figures between year ended March 31, 2021 and respective nine months ended December 31, 2020.

5. The outbreak of COVID 19 pandemic and consequent and continuing lockdown and uncertainity has severely impacted business and operations of the Company from the February 2020 onwards. Given the dynamic nature of pandemic situation, the impact thereof on the business and operations of the Company, especially exhibition operations is inherently uncertain due to severity and duration of the pandemic is still unfolding and not clear. The Exhibition of March -2020 and March-2021 could not take place. The Company will continue to monitor any material changes to the future economic conditions.

6. During this quarter the company has started new division of business as Exhibition Management and has also acquired business knowledge/ technical knowhow for the same.



Statement of Asset and Liabilities

ParticularsCurrent year ended (dd-mm-yyyy)
Date of start of reporting period01-04-2020
Date of end of reporting period31-03-2021
Whether results are audited or unauditedAudited
Nature of report standalone or consolidatedStandalone
Assets
1 Non-current assets
Property, plant and equipment16.14
Capital work-in-progress0
Investment property0
Goodwill0
Other intangible assets73.75
Intangible assets under development0
Biological assets other than bearer plants0
Investments accounted for using equity method0
Non-current financial assets
Non-current investments517.7
Trade receivables, non-current0
Loans, non-current0
Other non-current financial assets0
Total non-current financial assets517.7
Deferred tax assets (net)32.06
Other non-current assets11.07
Total non-current assets650.72
2Current assets
Inventories0
Current financial asset
Current investments0
Trade receivables, current0
Cash and cash equivalents10.43
Bank balance other than cash and cash equivalents41.24
Loans, current0
Other current financial assets0
Total current financial assets51.67
Current tax assets (net)0
Other current assets16.29
Total current assets67.96

Statement of Asset and Liabilities

ParticularsCurrent year ended (dd-mm-yyyy)
Date of start of reporting period01-04-2020
Date of end of reporting period31-03-2021
Whether results are audited or unauditedAudited
Nature of report standalone or consolidatedStandalone
3Non-current assets classified as held for sale263.41
4Regulatory deferral account debit balances and related deferred tax Assets
Total assets982.09
Equity and liabilities
Equity
Equity attributable to owners of parent
Equity share capital252.92
Other equity701.84
Total equity attributable to owners of parent954.76
Non controlling interest
Total equity954.76
Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current0
Trade payables, non-current0
Other non-current financial liabilities0
Total non-current financial liabilities0
Provisions, non-current0
Deferred tax liabilities (net)0
Deferred government grants, Non-current0
Other non-current liabilities0
Total non-current liabilities0
Current liabilities
Current financial liabilities
Borrowings, current0
Trade payables, current0
Other current financial liabilities2.4
Total current financial liabilities2.4
Other current liabilities0.14
Provisions, current0.03
Current tax liabilities (Net)0
Deferred government grants, Current0
Total current liabilities2.57
3Liabilities directly associated with assets in disposal group classified as held for sale24.76
4Regulatory deferral account credit balances and related deferred tax liability0
Total liabilities27.33
Total equity and liabilites982.09
Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results

Particulars3 months/ 6 month ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period01-01-202101-04-2020
Date of end of reporting period31-03-202131-03-2021
Whether accounts are audited or unauditedAuditedAudited
Nature of report standalone or consolidatedStandaloneStandalone
1Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1Software Development1.745.6
2Magazine/ Info Media00
3Exhibition Management 0.510.51
4Treasury38.04310.56
5Unallocated00
Total Segment Revenue40.29316.67
Less: Inter segment revenue00
Revenue from operations 40.29316.67
2Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1Software Development-0.19-1.96
2Magazine/ Info Media-5.91-14.86
3Exhibition Management -3.67-3.67
4Treasury37.29306.53
5Unallocated00
Total Profit before tax27.52286.04
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income23.4456.26
Profit before tax4.08229.78
3(Segment Asset - Segment Liabilities)
Segment Asset
1Software Development1.631.63
2Magazine/ Info Media0.290.29
3Exhibition Management 73.7573.75
4Treasury833.11833.11
5Unallocated00
Total Segment Asset908.78908.78
Un-allocable Assets73.3173.31
Net Segment Asset982.09982.09
4Segment Liabilities
Segment Liabilities
1Software Development0.150.15
2Magazine/ Info Media0.010.01
3Exhibition Management 00
4Treasury25.4925.49
5Unallocated00
Total Segment Liabilities25.6525.65
Un-allocable Liabilities1.681.68
Net Segment Liabilities27.3327.33
Disclosure of notes on segmentsTextual Information(1)

Text Block

Textual Information(1)# Profit/loss before tax and after interest in case of segments having operations which are primarily of financial nature.
* Other than the interest pertaining to the segments having operations which are primarily of financial nature.
Notes:
(a) Segment Revenue, Segment Results, Segment assets and Segment liabilities shall have the same meaning as defined in the Accounting Standards on Segment Reporting (AS-17) issued by ICAI/ Company (Accounting Standards) Rules, 2006.
(b) The above information shall be furnished for each of the reportable primary segments as identified in accordance with AS-17, issued by ICAI/ Company (Accounting Standards) Rules, 2006.



Cash flow statement, indirect

ParticularsYear ended (dd-mm-yyyy)
ADate of start of reporting period01-04-2020
BDate of end of reporting period31-03-2021
CWhether results are audited or unauditedAudited
DNature of report standalone or consolidatedStandalone
Part IBlue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax229.78
Adjustments for reconcile profit (loss)
Adjustments for finance costs0.01
Adjustments for decrease (increase) in inventories0
Adjustments for decrease (increase) in trade receivables, current-9.66
Adjustments for decrease (increase) in trade receivables, non-current0
Adjustments for decrease (increase) in other current assets0
Adjustments for decrease (increase) in other non-current assets0
Adjustments for other financial assets, non-current0
Adjustments for other financial assets, current0
Adjustments for other bank balances0
Adjustments for increase (decrease) in trade payables, current-0.4
Adjustments for increase (decrease) in trade payables, non-current0
Adjustments for increase (decrease) in other current liabilities0
Adjustments for increase (decrease) in other non-current liabilities0
Adjustments for depreciation and amortisation expense0
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss0
Adjustments for provisions, current4.35
Adjustments for provisions, non-current0
Adjustments for other financial liabilities, current0
Adjustments for other financial liabilities, non-current0
Adjustments for unrealised foreign exchange losses gains0
Adjustments for dividend income5
Adjustments for interest income2.68
Adjustments for share-based payments0
Adjustments for fair value losses (gains)-186.24
Adjustments for undistributed profits of associates0
Other adjustments for which cash effects are investing or financing cash flow0
Other adjustments to reconcile profit (loss)-117.9
Other adjustments for non-cash items0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships0
Total adjustments for reconcile profit (loss)-317.52
Net cash flows from (used in) operations-87.74
Dividends received0
Interest paid0
Interest received0
Income taxes paid (refund)-14.51
Other inflows (outflows) of cash0
Net cash flows from (used in) operating activities-73.23
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses0
Cash flows used in obtaining control of subsidiaries or other businesses0
Other cash receipts from sales of equity or debt instruments of other entities187.66
Other cash payments to acquire equity or debt instruments of other entities0
Other cash receipts from sales of interests in joint ventures0
Other cash payments to acquire interests in joint ventures0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships0
Proceeds from sales of property, plant and equipment0
Purchase of property, plant and equipment2.35
Proceeds from sales of investment property0
Purchase of investment property0
Proceeds from sales of intangible assets0
Purchase of intangible assets75
Proceeds from sales of intangible assets under development0
Purchase of intangible assets under development0
Proceeds from sales of goodwill0
Purchase of goodwill0
Proceeds from biological assets other than bearer plants0
Purchase of biological assets other than bearer plants0
Proceeds from government grants0
Proceeds from sales of other long-term assets0
Purchase of other long-term assets0
Cash advances and loans made to other parties0
Cash receipts from repayment of advances and loans made to other parties0
Cash payments for future contracts, forward contracts, option contracts and swap contracts0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts0
Dividends received5
Interest received2.68
Income taxes paid (refund)0
Other inflows (outflows) of cash0
Net cash flows from (used in) investing activities117.99
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries0
Payments from changes in ownership interests in subsidiaries0
Proceeds from issuing shares0
Proceeds from issuing other equity instruments0
Payments to acquire or redeem entity's shares0
Payments of other equity instruments0
Proceeds from exercise of stock options0
Proceeds from issuing debentures notes bonds etc0
Proceeds from borrowings0
Repayments of borrowings0
Payments of finance lease liabilities0
Payments of lease liabilities0
Dividends paid0
Interest paid0
Income taxes paid (refund)0
Other inflows (outflows) of cash-0.01
Net cash flows from (used in) financing activities-0.01
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes44.75
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents0
Net increase (decrease) in cash and cash equivalents44.75
Cash and cash equivalents cash flow statement at beginning of period6.92
Cash and cash equivalents cash flow statement at end of period51.67