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Reliable Data Services Limited Earnings Release 2019

May 29, 2019

61175_rns_2019-05-29_2ff2bab6-d684-402f-8bb9-3f30d6f85676.pdf

Earnings Release

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Reliable Data Services Ltd.

Date: - 29.05.2019

To. The Manager, Listing Department The National Stock Exchange of India Ltd. Exchange Plaza, BKC, Bandra (E) Mumbai-MH 400051.

REF: - (ISIN-INE375Y01018) NSE Symbol-RELIABLE

Sub:-Outcome of Board Meeting of the Company held on 29.05.2019

Dear Sir,

With reference to the subject this is to inform you that the Meeting of Board of Director of Reliable Data Services Limited held today i.e.29.05.2019 from 04.00 pm to 7.00 pm. The Board has taken inter-alia the following decisions:

    1. Board has approve Standalone and Consolidated Unaudited Financial Results for the half year ended as on 31st day of March 2019 as required under Regulation 33 (3) (D) SEBI (LODR) Regulations, 2015.
    1. Board has approved Standalone and Consolidated Audited Financial Results for the financial year ended on 31st march 2019.
    1. Board has adopted Standalone and Consolidated Auditors' Report on Annual Accounts.
    1. Board has approved the Report of the Directors together forming part of the Annual Reports for the Year Ended as on 31st day of March 2019.
    1. Board has discussed about the notice received from NSE regarding noncompliance of listing regulation $6(1)$ and $7(1)$ and took a note for company's replied letter to NSE dated 17.05.2019 stated that company has complied both the regulation.
    1. The Board has not recommended dividend in the meeting.
    1. Any other matters

Corporate Office: C-69 & 70, Sector - 2, Near Metro Station Sector - 15, Gautam Budh Nagar, Noida, U.P. - 201301 Ph.: 0120-4089177, 4089100

CIN No. L72900DL2001PLC110145 E-mail: [email protected] Website : www.rdspl.com

  1. Resignation of Ms. Niharika Gupta from the post of Company Secretary '

You are requested to please take on record our above said information for your reference.

Thanking you,

Yours faithfully

For Reliable Data 't\$bk- NiharlkA-Gupta Company

B. MANNA & CO. Chartered Accountants

To,

fhe Eoard of Directors of Reliable Data Services Limited

we have audited the accompanying statement of standatone financial .esults of Reliable Data services Limited for the year and harf yearry ended 3rn March, 2019 being submitted by the company pursuant to the requirement of the Reguration 33 of the sEBr (!isting obrigation and Discrosure Requirements) Reguiations, 2019. The preparation of financial results is the responsibititV of the comoanv,s management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Accounting standard for interim Financial Reporting (As 25), prescribed, u/s 133 of the companies Act, zo13 read with rule 7 of the companies {Account) Rules, 2014 and other accounting principles generally accepted ;n rndia. our responsibiritv is to express an opinion on these financial results based on our audit of such financial statements,

we conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of mate.ial misstatement(s).An audit include examining, on a test basis, evidence supporting the amount disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management We believe that our audit provides a reasonable basis for our opi.ion. ,

In our opinion and to the best of our information and according to the expranations given to us these half yearly and yearly financial result5:

  • {1) Are presented in accordance tvith the requirements of Regurations 33 of the sEBr (tisting Obligation and Disclosure Requirements) Regulations,20lS in the regaro; ano
  • (2) Give a true and fair view of the net profit and.other financial information of the comDanv for half year and year ended 31" March 2019.

g Manna & Co Chartered Accountants tRN 0325326E

Bishawnath (Proprietor)

Mem No 061940 Place: New Delhi Date:29.05,2019

RELIABLE DATA SERVICES LIMITED STANDALONE BALANCE SHEET AS AT 31ST MARCH, 2019

CIN U72900DL2001PLC110145
As at As at Particulars
31st March, 2018 31st March, 2019
(Rs. In Lakhs) (Rs. In Lakhs) L
EQUITY AND LIABILITIES
Shareholders' Funds
(1)
860.00 860.00 (a) Share Capital
1719.98 1874.15 (b) Reserves & Surplus
Non-current Liabilities (2)
24.80 75.29 (a) Long-term borrowings
Current Liabilities
(3)
494.98 (a) Short-term borrowings
445.15
88.95
80.44 (b) Trade Payables
130.57 157.36 (c) Other current liabilities
228.31 335.58 (d) Short-term provisions
3497.76 3877.80 TOTAL
ASSETS Ш.
Non-current assets (1)
Fixed Assets (a)
114.83 86.83 (i) Tangible assets
1365.17 1410.64 Non- current investments (b)
10.26 13.40 Deferred tax assets (Net) (c)
35.50 50.14 Long-term loans and advances (d)
25.68 Other Non Current Assets (e)
Current assets (2)
46.09 91.35 (a) Current investments
(b) Inventories
1002.40 896.46 (c) Trade receivables
35.05 43.51 (d) Cash and cash equivalents
26.19 109.69 (e) Short-term loans and advances
836.59 1175.78 (f) Other current assets
3497.76 3877.80 TOTAL

For & on behalf of the Board

Corporate Office: C-69 & 70, Sector - 2, Near Metro Station Sector - 15, Gautam Budh Nagar, Noida, U.P. - 201301 Ph.: 0120-4089177, 4089100

CIN No. L72900DL2001PLC110145 E-mail : [email protected] Website : www.rdspl.com

Company: Reliable Data Services limited - Standalone
NSE symbol: RELIABLE
Result Period: 01-Apr-2018 to 31-Mar-19
Result type: Audited
(In Lakhs)
Particulars For the Half For the Half For the Half For the Year For the Year
Year ended Year ended Year ended ended ended
31.03.2019 30.09.2018 31.03.2018 31.03.2019 31.03.2018
(Audited) (UnAudited) (Audited) (Audited) (Audited)
Net sales /Income from operations 1380.30 1367.34 1363.66 2747.64 2553.14
Other Income 0.06 0.85 8.84 0.91 16.17
Tota Revenue (I+II) 1380.36 1368.20 1372.5 2748.55 2569.31
Expenses:
Cost of Material Consumed 0.00 0.00 ÷, 0.00 0.00
Purchase of stock-in-trade 0.00 0.00 ÷ 0.00 0.00
Change in inventories of finished goods, work-in-progess and stock in
trade and work in progress
0.00 0.00 i. 0.00 0.00
Employee benefits expenses 403.61 385.84 396.6 789.45 726.12
Finance costs 35.18 27.56 33.81 62.74 75.91
Depreciation and amortisation 14.65 24.14 19.51 38.79 39.03
Other Expenditure 759.11 770.92 731.09 1530.03 1404.25
Total Expenditure 1,212.56 1,208.45 1,181.01 2,421.01 2,245.30
Profit before exceptional and extraordinary items and tax (III-IV) 167.80 159.74 191.49 327.54 324.01
Exceptional items $\overline{a}$ ÷. ÷ ٠ ٠
Profit before extraordinary items and tax (III-IV) 167.80 159.74 191.49 327.54 324.01
Extraordinary Items
Profit before tax 167.80 159.74 191.49 327.54 324.01
Tax Expense
Current Tax 45.10 44.01 52.76 89.11 95.08
Deferred Tax (0.22) (2.92) 1.60 (3.14) (3.20)
Total Tax Expenses 44.88 41.09 54.35 85.97 91.88
Net Profit Loss for the period from continuing operations 122.92 118.66 137.14 241.57 232.12
Profit/(loss) from Discontinued operations (after tax) ÷. ×
Net Profit / (Loss) for the period 122.92 118.66 137.14 241.57 232.12
Minority Interest ٠
Net Profit/Loss for the period 122.92 118.66 137.14 241.57 232.12
Details of Equity Share Captial 10 10
Face Value (in Rs)) 10 10 10 8,600,000.00 8,600,000.00
Paid-up Equity Share Capital (No. of Shares) 8,600,000.00 8,600,000.00 8,600,000.00
Reserve excluding Revalution Reserves 1.38 1.59 2.81 2.70
Basic EPS before Extraordinary Items(in Rs.) 1.43
1.43
1.38 1.59 2.81 2.70
Diluted EPS before Extraordinary Items (In Rs.) 1.43 1.38 1.59 2.81 2.70
Basic EPS after Extraordinary Items (In Rs.) 1.43 1.38 1.59 2.81 2.70
Diluted EPS after Extraordinary Items (In Rs.) 2,514,000 2,570,000 2,600,000 2,514,000 2,600,000
Public Shareholding(number of share) 29.23% 29.88% 30.23% 29.23% 30.23%
Public Shareholding (%)
promoter & promoter group Number of share pledged/Encumbered
$\overline{0}$ $\mathbf{0}$ $\Omega$ $\Omega$ $\overline{0}$
promoter & promoter group shares Pledge/Encumbered
(as a %of total shareholding of promoter and promoter Group) $\overline{0}$ $\overline{0}$ $\overline{O}$ $\overline{0}$ $\overline{0}$
promoter & promoter group shares Pledge/Encumbered
(as a %of total share capital of the company)
$\Omega$ $\Omega$ $\circ$
promoter & promoter group Number of share Non-encumbered 6086000 6030000 6000000 6086000 6000000
promoter & promoter group share Non-encumbered
(as a %of total shareholding of promoter and promoter Group) 100% 100% 100% 100% 100%
promoter & promoter group share Non-encumbered
(as a % total share capital of the company) 70.77% 70.12% 69.77% 70.77% 69.77%

For and On behalf of Reliable Data Services Limited Sanjay Kumar Pathak DIN: 00912040 MANAGING DIRECTOR ĄR DEL MI

Place:- New Delhi Date: - 29/05/2019

Corporate Office: C-69 & 70, Sector - 2, Near Metro Station Sector - 15, Gautam Budh Nagar, Noida, U.P. - 201301 Ph.: 0120-4089177, 4089100

CIN No. L72900DL2001PLC110145 E-mail: [email protected] Website : www.rdspl.com

Notes:

  • (1) The Company Operatei only in one segment,namely Reliable Data Services Ltd
  • (2) The Audited Standalone Financial Statements for the Half Year ended and Year ended on March 31,2019 have been reviewed and recommended by the Audit committee at its meeting held on 29 May 2019 and approved by the Board of Director at its meeting held on 29 May Z019.The Statutory auditors have expressed an unqualified opinion on the said financial statement
  • The above audited Standalone Financial Statement are prepared accordance with the accounting standard as issued by the Institute of Chartered Accountant of India and as specified in the section 133 of the companies Act2013 and the relevant rules thereof and is accordance with Regulation 33 of sEBl (Listing obligations and Disclosure Requirements) Regulations 2015. (3)
  • The figure of the six month ended 31't March 2019 and 31't March 2018 are the balancing figures in respect of full financial year and the published year to date figures up to 30'n September of relevant year, which were subject to limited review by statutory auditors. (4)
  • Previous yea/s figures have been regrouped wherever necessary to make the comparable' (s)

Date: 29.05.2019 for and on behalf of the Board ofDirectors H-\" U:

sanjfyxuma/Rathak Z Managing Director . Din-00912040

Date: - 29l05l2oLg Place: - New Delhi

Corporate Office : C€9 & 70, Sector - 2, Near Metro Station Sector - 15. Gautam Budh Nagar, Noida, U.P. - 2O13Ol Ph. : O't zo4oagl 77 , 4OA91OO

CIN No. L72900Dl2OO1PLrC1 10145 E-mail i r€[email protected] Website : vwl .rdsDl.com

B. MANNA & CO.

Chartered Accountants

Audito/s Report On consolidated Annual Financial and half Yglrlv Rqsults of the companv in Pursuant to the Resulation 33 of the SEB| (Listing Obliqation and Disclosure Reouirements) Resulations,2015

To,

The Board of Directors of Reliable Data Services Limited

We have audited the accompanying statement of consolidated financial results of Reliable Data 5€rvices Limited for the year and half yearly ended 31" March, 2019 being submitted by the company pursuant to the requirement of the Regulation 33 of the SEBI (Listing Obligation and Drsclosure Requirements) Regulations, 2015. The preparation of financial results is the responsibility of the company's management and approved by the goa.d of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Accounting 5tandard for interim Financial Reporting (AS 25), prescribed, u/s 133 of the Companies Act, 2013 read with rule 7 of the companies (Account) Rules, 2014 and other accounting principles generallv accepted in India. our responsibility is to express an opinion on these financial results based on our audit of such financial statements,

we conducted our audit in accordance wjth the auditing standards generally accepted in lndia. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the finanCial results are free Ol material misstatement(s) .An aUdit include examininB, on a test basis, evidence supporting the amount disclosed as Jinancial results. An audit also itcludes assessing the accounting principles used and significant estimates made by management. we believe that ou. audit prgvrdes a reasonable basis for our oprnion.

ln odr opinion and to ihe best of our information and according to the explanations given to us these half yearly and yearly financial results:

  • {1) Are presented in accordance with the requirements of Re8ulations 33 of the SEBl (Listing Obligatlon and Disclosure Requirements) Regulations,20l 5 in the regard;and
  • {2) Give a true and fair view of the net profit and other financial information of the company for half vear and vear ended 31" March 2019.

B Manna & co Chartered Accountants FRN 0325326E

Bishawnath

{Proprietor) Mem No 061940 Place: New Delhi Date:29.05.2019

RELIABLE DATA SERVICES LIMITED CONSOLIDATED BATANCE SHEET AS AT 31ST MARCH, 2019

(Rs. In takhs
Particulars As al
3'lst March, 2019
As al
31st March, 2018
t. EQUITY AND LIABILITIES
(1) Shareholders' Funds
(a) Share Capital 860.00 860.00
(b) Reserves & Surplus 2,366.93 2,032.60
Minority Interest 290.11 20't.14
(21 Non-current Liabilities
(a) Long-term borowings 283.95 143.20
(b) Deffercd Tax Liablities 12.95 9.25
(3) Current Liabilities
(a) short{erm bonowings 472.04 558.48
(b) Trade payables /c.5u 83.38
(c) Other current liabilities 940.58 842.85
(d) Short-term provisions 607.64 508.17
TOTAL 5,909,69 5,239.07
, ASSETS
(r) Non-current assets
(a) Fixed Assets
(i) Tangible assets 860.87 1,002.05
(b) Non- cunent investments 800.78 76s.31
(c) Long-term loans and advan@s 73.53 54.38
(d) Other Non Current Assets 59.54 61.81
(21 Current assets
(a) Cunent investments
91.35 14.77
(b ) Trade receivables 'I,361.00 1,562.29
(c) Cash and cash equivalents 163.62 129.22
(d) Short{erm loans and advances 295.05 2e7.75
(e) Other current assets 2,203.95 1.411.49
TOTAL s,909.69 5,239.07

For & on behalf of the Board

h*t,F. (00912040)

Place: New Delhi Date: 2910512019

ConDorate ffice : 969 E 70, Sector - 2, Near Metro Station Sector - 15, Gautam Budh Nagar, Noida, U.P. - 2O,|301 Ph. : 012O-4O491 77 , 4oe91t]o

CIN No. L729qlDL2m1PLC1 1O14s E+nail : reliable.ho@l=liablegroupindia,com Website : uniwv,rdspl.com

GF - 22, Hans Bhawan, 1, Bahadur Shah Zafar Marg, New Delhil l OooP Ph. : O1 1€3378813 Fex:. 01'l-23378812

(In Lakhs)

Company: Reliable Data Services limited - Consolidated
NSE symbol: RELIABLE
Result Period: 01-Apr-2018 to 31-Mar-19
Result type: Audited
Particulars For the Half For the Half For the Half For the Year For the Year
Year ended Year ended Year ended ended ended
31.03.2019 30.09.2018 31.03.2018 31.03.2019 31.03.2018
(Audited) (UnAudited) (Audited) (Audited) (Audited)
2329.23 2341.52 2453.65 4670.75 4336.56
Net sales /Income from operations 7.90 2.76 11.72 10.67 20.28
Other Income 2337.14 2344.28 2465.37 4681.42 4356.84
Tota Revenue (I+II)
Expenses: 0.00 0.00 $\overline{\phantom{a}}$ 0.00
Cost of Material Consumed 0.00 0.00 a, 2.24
Purchase of stock-in-trade
Change in inventories of finished goods, work-in-progess and stock in
0.00 ä, 0.00
trade and work in progress 0.00
Employee benefits expenses 719.63 696.67 643.83 1416.29 1136.92
Finance costs 57.04 59.74 44.22 116.78 111.19
Depreciation and amortisation 35.06 36.28 31.29 71.33 76.54
Other Expenditure 1160.78 1221.94 1358.36 2382.72 2341.84
Total Expenditure 1,972.51 2,014.62 2,077.70 3,987.13 3,668.73
688.11
Profit before exceptional and extraordinary items and tax (III-IV) 364.63 329.66 387.67 694.29
Exceptional items $\sim$ 688.11
Profit before extraordinary items and tax (III-IV) 364.63 329.66 387.67 694.29
Extraordinary Items 694.29 688.11
Profit before tax 364.63 329.66 387.67
Tax Expense 190.48 194.61
Current Tax 101.20 89.29 106.80
1.87
3.70 2.84
Deferred Tax 2.87
104.07
0.83
90.11
108.67 194.18 197.45
Total Tax Expenses 239.55 279.00 500.11 490.66
Net Profit Loss for the period from continuing operations 260.56
Profit/(loss) from Discontinued operations (after tax) 239.55 279.00 500.11 490.66
Net Profit / (Loss) for the period 260.56
44.82
31.70 39.92 63.57 61.59
Minority Interest 215.74 207.85 239.08 436.54 429.08
Net Profit/Loss for the period
Details of Equity Share Captial 10 10 10 10 10
Face Value (in Rs)) 8,600,000.00 8,600,000.00 8,600,000.00 8,600,000.00 8,600,000.00
Paid-up Equity Share Capital (No. of Shares) $\sim$ ж. $\overline{\phantom{a}}$
Reserve excluding Revalution Reserves 3.03 2.79 3.24 5.82 5.71
Basic EPS before Extraordinary Items(in Rs.) 3.03 2.79 3.24 5.82 5.71
Diluted EPS before Extraordinary Items (In Rs.)
Basic EPS after Extraordinary Items (In Rs.)
3.03 2.79 3.24 5.82 5.71
Diluted EPS after Extraordinary Items (In Rs.) 3.03 2.79 3.24 5.82 5.71
2,514,000 2,570,000 2,600,000 2,514,000 2,600,000
Public Shareholding(number of share) 29.23% 29.88% 30.23% 29.23% 30.23%
Public Shareholding (%)
promoter & promoter group Number of share pledged/Encumbered
$\overline{0}$ $\overline{0}$ $\overline{O}$ $\Omega$ $\overline{0}$
promoter & promoter group shares Pledge/Encumbered
(as a %of total shareholding of promoter and promoter Group) $\mathbf 0$ $\Omega$ $\Omega$ $\circ$ $\mathbf 0$
promoter & promoter group shares Pledge/Encumbered $\circ$
(as a %of total share capital of the company) $\overline{0}$ 6000000 6000000 6086000 6000000
promoter & promoter group Number of share Non-encumbered 6086000
promoter & promoter group share Non-encumbered
(as a %of total shareholding of promoter and promoter Group)
100% 100% 100% 100% 100%
promoter & promoter group share Non-encumbered
$(1 - 1 - 1)$
70.77% 70.12% 69.77% 70.77% 69.77%

Corporate Office: C-69 & 70, Sector - 2, Near Metro Station Sector - 15, Gautam Budh Nagar, Noida, U.P. - 201301 Ph.: 0120-4089177, 4089100

CIN No. L72900DL2001PLC110145 E-mail : [email protected] Website : www.rdspl.com

Notes:

  • (U The Company Operates only in one segment,namely Reliable Data Services Ltd
  • (21 The Audited Consolidated Financial Statements for the Half Year ended and Year ended on March 31,2019 have been reviewed and recommended by the Audit committee at its meeting held on 29 May 2019 and approved by the Board of Director at its meeting held on 29 May 2019.The Statutory auditors have expressed an unqualified opinion on the said financial statement
  • The above audited Consolidated Financial Statement are prepared accordance with the accounting standard as issued by the Institute of Chartered Accountant of India and as specified in the section 133 of the companies Act,2013 and the relevant rules thereof and is accordance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. (3)
  • (4) The figure of the six month ended 31"' March 2019 and 31n March 2018 are the balancing figures in respect of full financial year and the published year to date figures up to 30th September of relevant year, which were subject to limited review by statutory auditors.
  • (5) Previous yea/s figures have been regrouped wherever necessary to make the comparable.

Date: 2e'0s'201s ror and on behalr or "' *.'lH_1

T, . |}rh- '#::;:!s:.:::ru Din-00912040

Date: - 29/O5/20t9 Place: - New Delhi

CorDorate Office : G69 & 70, Sector - 2, Near Metro Station Sector - 15. Gautam Budh Nagar, Noida, U.P. - 2O1301 Ph. : O12G4O89'177. 40fl9'l00,

CIN No. L729OODL2@1PLC1 10145 E+nail : reliable.ho@rcliablegroupindia,com Website : wurl.rdspl.com

Regd. Office : GF - 22, Hans Bhawan, 1, Bahadur Shah Zafar Marg, New Delhi-1'l OOOa Ph. : O't 1-233788'13 Fax : 01143978812

pursuant to Regulation 33 of Securities and Exchange Board of India (tisting obligations and Disclosure Requirementsl, 2015

I Name ofthe ComPanY Reliable Data Services Ltd
Annual Financial Statement
for the Financial Year
Standalone and Consolidated Finarrcial Statement for the year ended on 31'
March,2019
5 Type of Audit Observation edopinion
4 To be Signed by: ll lA
\^
\
-standaloneandconsolidatedFinancialstatement:unmodifi
Managing Director a
Sanjay Kumar Pathak
Din-00912040
Chief Financial Officer Parbind Jha
Auditors of the ComPanY B.Manna & Co.
Bishawnath Manna (ProPrietor)
Firm Registration No: 0325326E
M No.061940

Corporate Office : 969 & 70, Sector. 2, Near Metro Station Sector - 15, Gautam Budh Nagar, Noida, U.P. - 2Ol3O1 Ph, ; O'12G4089177, 4OA91oo

CIN No. L729OODLP[ O1PLC11(''145 Efl ail : r€liable.ho@r€liablegr'oupindia.com Website : rffi,lv.tdsPl.com

Regd. Ofiice : GF - 22, Hans Bhawan, , 1, Bahadur Shah Zafar Marg, New Delh'F11OOOe Ph. : O'l'l-23378813 Fax: 011Q337 8812

29th May, 2019

to,

National Stock Exchange of lndia Limited, Exchange plaza, Plot No. C/1, G Block, Bandra- Karla Complex, Bandra (E) Mumbai400051

subject: Declaration with resoect to the Audit Report with unmodified ooinion to the Audited

Dear Sir/ Madam,

Pursuant to Regulation 33 (3) (d) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulation, 2015, as amended, we hereby confirm that the statutory Auditors ofthe Company B Manna & Co, Chartered Accountants (Firm Registration No.0325326E) have issued the Audit Report with unmodified opinion(s) in respect of Annual Audited Financial Results for the vear ano half yearly ended on 31't March, 2019

Thanking You

For and on behalf of Reliable Data Services

fuffi"L'

Jha

Corporate Office : G69 A 70, Sector - 2, Near Metro Station Sector - 15, Gautam Budh Nagar, Noida. U.P. . 2013O1 Ph. : O12G4Oa9177 , 4or8'910fl,

CIN No. L729O0DL2Oo1PLrC1 1()145 E<nail : [email protected] Website : rinlar.ldspl.com

Regd. Office : GF - e2, Hans Bhawan, 1, Bahadur Shah Zafar Marg, New Oelhil'l OOOa Ph. : O11-23378813 Fax : O11Q3378812