THE HANUMAN ESTATES LIMITED

Balance Sheet as at 31st March, 2016

as at as at
Note No 31st March 2016 31st March 2015
(in Rs.) (in Rs.)

EQUITY AND LIABILITIES

(1) Shareholder's Funds

(a) Share Capital 2 1245000 1245000
(b) Reserves and Surplus 3 51109331 44691272
52354331 45936272
(2) Non Current Liabilities
(a) Deffered Tax Liability 4 219944 230942
(b) Other Non current Liabilities 5 6821882 4716169
7041826 4947111
(3) Current Liabilities
(a) Other current liabilities 6 63259235 62821987
(b) Short Term Provision 7 13800000 10900000
77059235 73721987

TOTAL 136455392 124605370

ASSETS

(1) Non-current assets

(a) Fixed Assets 8
- Tangible Assets 2112623 2180682
(b) Non Current Investment 9 1568817 3231561
(c) Long Term Loans & Advances 10 629777 315989
(d) Other Non current Assets 11 89459925 95369852
93771142 101098084
(2) Current assets
(a) Trade Receivable 12 266218 215522
(b) Cash and Bank Balances 13 15067096 11026410
(c) Short term loans & advances 14 23692597 11257840
(d) Other Current Assets 15 3658339 1007514

42684250 23507286

TOTAL 136455392 124605370

Significant Accounting Policies 1 0

The accompanying notes are an integral part of the financial statements

In terms of our Report of even date

For & on behalf of For & on behalf of

S.B.DANDEKER & CO. the Board of Directors
Chartered Accountants
(Firm Regn No-301009E)

Kedarashish Bapat Director

Partner
(Membership No.057903)

Place: Kolkata Director

Date: 22nd August ,2016
 THE HANUMAN ESTATES LIMITED

Statement of Profit and Loss for the year ended 31st March, 2016

2015-16 2014-15
Note No
(in Rs.) (in Rs.)

INCOME

Revenue From Operations 16 4127920 4168370

Other Income 17 10489441 9878548

Total Revenue (I) 14617361 14046918

EXPENSES

Employee Benefit Expenses 18 1416276 1250046

Other expenses 19 3825965 5726249
Depreciation & Amortization 8 68059 59728

Total Expenses (II) 5310300 7036023

Profit before tax (I - II) 9307061 7010895

Tax expense:
Current tax 2900000 2250000
Deferred tax -10998 230942

Profit/ (-) Loss for the year after tax 6418059 4529953

Basic earning per equity share 51.55 36.39

Nominal value of share 10 10
Wt Average No of Equity Shares (in Nos.) 124500 124500

Significant Accounting Policies 1

The accompanying notes are an integral part of the financial statements

In terms of our Report of even date

For & on behalf of For & on behalf of

S.B.DANDEKER & CO. the Board of Directors
Chartered Accountants
(Firm Regn No-301009E)

Kedarashish Bapat
Partner Director
(Membership No.057903)

Place: Kolkata
Date: 22nd August ,2016 Director
 THE HANUMAN ESTATES LIMITED

Notes forming part of the financial statements for the year ended 31st March 2016

1 Significant accounting policies

(a) Basis of accounting and preparation of financial statements

The financial statements of the Company have been prepared in accordance with the Generally Accepted Accounting
Principles in India (Indian GAAP). The Company is a Small and Medium Sized Company as defined in the General
Instructions in respect of Accounting Standards notified under the Companies (Accounting Standards) Rules, 2006 (as
amended). Accordingly, the Company has complied, in all material respects with the Accounting Standards as applicable
to a Small and Medium Sized Company and the relevant provisions of the Companies Act, 2013. The financial statements
have been prepared on accrual basis under the historical cost convention. The accounting policies adopted in the
preparation of the financial statements are consistent with those followed in the previous year.

(b) Use of estimates

The preparation of the financial statements in conformity with Indian GAAP requires the Management to make estimates
and assumptions considered in the reported amounts of assets and liabilities (including contingent liabilities) and the
reported income and expenses during the year. The Management believes that the estimates used in preparation of the
financial statements are prudent and reasonable. Future results could differ due to these estimates and the differences
between the actual results and the estimates are recognised in the periods in which the results are known / materialise.

( c) Tangible & Intangible fixed assets

Tangible fixed assets are carried at cost less accumulated depreciation where as intangible fixed assets are carried at their
cost. The cost of fixed assets includes interest on borrowings attributable to acquisition of qualifying fixed assets up to the
date the asset is ready for its intended use and other direct and incidental expenses incurred up to that date. Subsequent
expenditure relating to fixed assets is capitalised only if such expenditure results in an increase in the future benefits from
such asset beyond its previously assessed standard of performance.

(d) Depreciation
Depreciation (on tangible fixed assets) has been provided on straight line method at the rate calculated as per ecomonic
useful time specified in Schedule II of the Companies Act, 2013

(e) Investments
Long-term investments are carried individually at cost less provision for diminution, other than temporary, in the value of
such investments. Long term investments are those which are not readily realizable and are intended to be held for more
than one year from the date of the investment. All other investments are current investments. However the company has
no Current investments. Cost of investments include acquisition charges such as brokerage, fees and duties (if any).

(f) Revenue recognition

Revenue from services are recognized as and when the services are rendered and right to receive the income is
unconditionally established. Sales of services exclude indirect taxes and levies, as applicable. Other income is recognized
on accrual basis except for dividend which is generally accounted for on receipt.

(g) Employee Benefits

The company provides for the following Post Employment benefits:
(i) Provident Fund and Employee State Insurance are defined contribution schemes and contribution to these schemes are
charged to the Statement of Profit & Loss for the year in which the contributions are due.
(ii) The company has a defined benefit plan for gratuity and the costs of providing the benefit under this plan are charged
to the Statement of Profit & Loss. The costs are in the form of premium for an insurance policy taken for this purpose

Necessary provision for leave encashment due to employees is made in accordance with the rules framed by the company
in this regard at the undicounted amounts as those rules do not permit for accumulation of the compensated absences for
the accounting period beyond the relevant balance sheet date.

THE HANUMAN ESTATES LIMITED

Notes forming part of the financial statements for the year ended 31st March 2016

(h) Taxes on income

Current tax is the amount of tax payable on the taxable income for the year as determined in accordance with the
provisions of the Income Tax Act, 1961. Deferred tax is recognised on timing differences, between the taxable income and
the accounting income that originate in one period and are capable of reversal in one or more subsequent periods. It is
measured using tax rates enacted or substantially enacted at the reporting date. Deferred tax assets are recognised only
to the extent there is reasonable certainty that there will be sufficient future taxable income against which they can be
realized. The company has no deferred tax to be accounted for in the current year.

(i) Earnings per share

Basic earnings per share is computed by dividing the profit / (loss) after tax (including the post tax effect of extraordinary
items, if any) by the weighted average number of equity shares outstanding during the year. Diluted earnings per share is
not required to be disclosed for the company in accordance with Accounting Standard-20.

(j) Presentation & Disclosure of Financial Statements

The Company has followed the Schedule-VI noticfied under the Companies Act 1956 for preparation and presentation of
its financial statements. The company has also reclassified the previous year's figures in accordence with the reqirements
applicable in the current year.

(k) Impairment of assets

The Fixed Assets or a group of assets (cash generating unit) and producing properties are reviewed for impairment at
each Balance Sheet date. In case of any such indication, the recoverable amount of these assets or group of assets is
determined, and if such recoverable amount of the assets or cash generating unit to which the assets belongs is less than
it's carrying amount, the impairment loss is recognised by writing down such assets and producing properties to their
recoverable amount. An impairment loss is reversed if there is change in the recoverable amount and such loss either no
longer exists or has decreased.

31.03.2016 31.03.2015
Rs. Rs.
2 Share Capital

Authorised -
1,50,000 (Pr.Yr. 1,50,000) Equity shares of Rs.10/- each 1500000 1500000
1,50,000 (Pr.Yr. 1,50,000) 9.3% Redemable Preference shares of Rs.100/- each 1500000 1500000
3000000 3000000

Issued, subscribed & paid up -

124,500 (Pr.Yr.-1,24,500 ) Equity shares of Rs.10/- each 1245000 1245000

a. Reconciliation of Equity Shares outstanding at the beginning and at the end of the period

31.03.2016 31.03.2015
No. of shares Rs. No. of shares Rs.
At the beginning of the period 124500 1245000 124500 1245000
Issued during the year 0 0 0 0
Outstanding at the end of the period 124500 1245000 124500 1245000

b. Terms/rights attached to the equity shares

The company has only one class of equity shares having a par value of Rs.10/- per share. Each holder of equity shares is
entitled to one vote per share. No dividend on equity shares has been declared/paid for the current year

c. Details of shareholders holding more than 5% shares in the company.

31.03.2016 31.03.2015
No. of shares % holding No. of shares % holding
Anirudh Jalan 58250 47 52250 42
D.P. Jalan HUF 35000 28 35000 28
Atlas & Union Jute Press Co. Ltd. 24000 19 30000 24

As per records of the company, including its register of shareholders/members and other declarations received from
shareholders regarding beneficial interest the above shareholding represents both legal and beneficial ownership of
shares

THE HANUMAN ESTATES LIMITED

Notes forming part of the financial statements for the year ended 31st March 2016

31.03.2016 31.03.2015
3 Reserves & Surplus Rs. Rs.

Securities Premium Account

Balance as per the last financial statements 2700000 2700000

Capital Reserve
Balance as per the last financial statements 605250 605250

Capital Redemption Reserve

Balance as per the last financial statements 630000 630000

Surplus/ (-) deficit in the statement of profit & loss

Balance as per the last financial statements 40756022 35445633
Profit/ (-) Loss for the year 6418059 4529953
47174081 39975586
Add: Prior Period Adjustment
Excess provision for tax for earlier years 0 1304
Resersal of Excess Depreciation charges for earlier year 0 779132
47174081 40756022

Total Reserve & Surplus 51109331 44691272

4 Deferred Tax Liabilities(DTL)

Difference in depreciation on fixed assets as per account
and income tax 711794 747384
DTL @ effective tax rate of 30.9% 219944 230942
Less: DTL as per last account 230942 0
DTL accounted for in current year [Cr. /(-) Dr.] -10998 230942

5 Other Non Current Liabilities

Security Deposit against Rent 417940 417940
Deposit Against Electric Charges 87500 87500
Deposit Against Lift 529510 529510
Deposit against Building Repairs 251110 251110
Other payables 5535822 3430109
6821882 4716169

6 Other current liabilities

Taxes & duties payable 9844 9705
Payable for Capital Goods 0 48578
Other Payable 452787 0
Outstanding Expenses 62796604 62763704
63259235 62821987

7 Short Term Provisions

Provisions for Income tax 13800000 10900000

13800000 10900000

THE HANUMAN ESTATES LIMITED

Notes forming part of the financial statements for the year ended 31st March 2016

31.03.2016 31.03.2015
Rs. Rs.

9 Non Current Investments (Non- Trade & at cost)

Investment In Equity Shares(quoted)
Asiattc Oxygen Ltd. 1658 1658
(10 Nos Equity Shares FV @Rs.10.00 for Rs.1658/-)
Reliance Industries Ltd. 0 1798257
(2000 Nos Equity Shares MV @Rs.824.70 for Rs.1649400/-)
MCX 733725 733725
(800 Nos Equity Shares MV @Rs.835.50 for Rs.668400/-)
Motherson Sumi Ltd. 408434 0
(1500 Nos Equity Shares MV @Rs.266.90 for Rs.400350/-)
ITC 0 697921
(2000 Nos Equity Shares MV @Rs.325.45 for Rs.650900/-)

1143817 3231561

SUMMARY OF INVESTMENTS 31.03.2016 31.03.2015

Cost market value Cost market value
Rs. Rs. Rs. Rs.
Equity Shares (Quoted) 1143817 1582608 3231561 3100438
Bonds (Unquoted) 425000 425000 NA NA
1568817 2007608 3231561 3100438

31.03.2016 31.03.2015
Rs. Rs.
10 Long Term Loans & Advances
(Unsecured & Considered Good)
Security deposit with CESC Ltd. 296581 282793
Other Receivables 333196 33196
629777 315989

11 Other Non current assets

Balances with Bank in Fixed Deposit Account 89200000 94850000
(Maturity Period exceeding 12 Months)
Defered Revenue Expenditure (for Fire System) 259925 519852
89459925 95369852

12 Trade Receivable
(Unsecured & Considered Good)
Outstanding for a period exceeding Six Month 42441 172421
Other Debts 223777 43101
266218 215522

13 Cash & Bank Balances

Cash & Cash Equivalents
Cash on hand (as certified by the directors) 1700881 1440116
Balance with Bank in current account 66215 36294
1767096 1476410
Other Bank Balances
Balance with Bank in Fixed Deposit Account 13300000 9550000
(Maturity Period of 3 to 12 Months)
(Maturity Period of exceeding 12 Months )
15067096 11026410

THE HANUMAN ESTATES LIMITED

Notes forming part of the financial statements for the year ended 31st March 2016

31.03.2016 31.03.2015
Rs. Rs.

14 Short term loans & advances

Staff Advances 92450 55450
Balances with revenue authorities
Advance Income Tax 9237640 8100000
Tax Deducted at Source 4362507 3102390
Inter Corporate Deposit 10000000 0
23692597 11257840

15 Other Current Assets

Interest Accured on F.D. 3398412 747589
Defered Revenue Expenditure(for Fire System) 259927 259925
3658339 1007514

16 Revenue from Operations

SALE OF SERVICES
Rent 3900520 3940970
Occupation Charges 46200 46200
Maintenance 181200 181200
4127920 4168370

17 Other Income
Interest 10361867 9798636
Dividend 18000 2400
Profit on Share Speculation 80953 77512
Profit on sale of Investment in shares 28621 0
10489441 9878548

18 Employee Benefit Expenses

Salaries & Allowance 1253234 1117982
House Rent Allowance 21900 19000
Contribution to P.F. E.P.F. & D.L.I. 40316 47826
Adm. Charges on P.F. & D.L.I. 23851 5055
Gratuity Contributuon to LIC 20000 10000
Medical Expenses 45295 45545
Staff Welfare 11680 4638
1416276 1250046

19 Other Expenses
Rent 17856 16868
Municipal Tax 308788 2246258
Other Rates & Taxes 132140 43890
Electric Charges(Net) 248295 242476
Repair to Building 599611 609725
Repair to other assets 854798 620423
Lift Maintenance 64805 106958
Cleaning and Maintenance 147501 195521
Telephone charges 33778 49904
Travelling and Conveyance 204237 184601
Printing and Stationery 54211 40496
Postage and stamp 2160 5287
Fire Protection Expenses 271925 418060
Membership & Subscription 161367 135395
Books and Periodicals 4333 6636
Watch & Ward 161176 142441

THE HANUMAN ESTATES LIMITED

Notes forming part of the financial statements for the year ended 31st March 2016

31.03.2016 31.03.2015
Rs. Rs.
Other expenses (contd)
Law charges 180154 125472
Professional Charges 257885 161109
Filing charges 3700 3500
Director's Meeting Fees 7200 7200
Audit fees 12076 9120
Bank charges 14980 16057
Business Promotion 42726 62082
Security Transction Tax 16355 33192
Loss on sale Investment in shares 0 160928
Miscellanious Expenses 23908 82650

3825965 5726249
20 Employee Benefits ( Disclosure in terms of AS-15)
The company has a defined benefit plan for gratuity. To cover the costs of such plan it has taken a policy of the Life
Insurance Corporation of India and the premium calculated by LIC based on an acruarial valuation of the liability using the
unit credit method and appropriate discounting rate is charged to the Statement of Profit & Loss as at the year end,
However the details of principles/factors considered for the actuarial valuation are not provided by LIC.

21 Title deeds of the Companys property at 19 R.N.Mukherjee Road, are not in the possesion of the Company as the same
are lying in the Calcutta High Court in the matter of United Bank of India.

22 Defered revenue expenditure are expenses incurred for installation of fire protection system, the benefits for which are
likely to arise for more than a financial year.Accrodingly 1/5th of the expenditure is written off in each year. The amount
due for write off in the immediately suceeding year is shown as a current year.

23 Details of Specified Bank Notes (SBN) held and transacted during the period from 8th November,2016 to
30th December,2016 as required in terms of Notification No. GSR 308 (E) dated 30th March 2017 issued
by the Govt. of India
Other
denomination
SBN notes Total
Closing Cash in Hand as on 08-11-2016 -
(+) Permitted Receipts -
(+) Amount withdrawn from Bank -
(-) Permitted Payments -
(-) Amount deposited in Bank -
Closing Cash in Hand as on 30-12-2016 -

24 Related Party Transactions ( Disclosure in terms of AS-18)

(A) Related Parties
1 GIRDHARI ESTATES PVT. LTD. Associate Concern
2 GAUTAM ENGINEERS LTD. Associate Concern
3 DEVI GAS PRODUCTS PVT. LTD. Associate Concern
4 DEVI EXPORTS PVT. LTD. Associate Concern
5 RAJASTHAN FERTILIZERS CHEMICALS CORP. LTD. Associate Concern
6 PRESTIGE PROPERTIES PVT. LTD. Associate Concern

(B) Related Party Transactions (with Associate Concerns)

31.03.2016 31.03.2015
Rs. Rs.
Income
Rent received 615432 615432
Maintanance Charges 181200 181200
Occupation Charges 46200 46200

In terms of our Report of even date

For & on behalf of
For & on behalf of the Board of Directors
S.B.DANDEKER & CO.
Chartered Accountants
(Firm Regn No-301009E)
Director

Kedarashish Bapat
Partner
(Membership No.057903) Director

Place: Kolkata
Date: 22nd August ,2016
 THE HANUMAN ESTATES LIMITED

DEPRECIATION CHART AS PER INCOME TAX ACT FOR THE YEAR 31.03.2016

As per income tax act

PARTICULARS GROSS BLOCK DEPRECIATION

AS ON 1ST ADDITIONS SOLD/ AS ON 31ST AS ON 1ST FOR THE DEDUCTIONS/ AS ON 31ST

APRIL 2015 DEDUCTION MARCH 2016 APRIL 2015 YEAR ADJUSTED MARCH 2016

TANGIBLE ASSETS:
Free hold Land & Building at Kolkata 719417 0 0 719417 701584 0 0 701584
Free hold Land at Domjur 673650 0 0 673650 0 0 0 0
Free hold Land at Podra 602649 0 0 602649 0 0 0 0
Furnuture & Fixture 43050 0 0 43050 32378 1067 0 33445
Tube well 39537 0 0 39537 37586 0 0 37586
Electric Installation 8543 0 0 8543 8172 0 0 8172
Lift 575010 0 0 575010 486246 0 0 486246
Office Equipment 12300 0 0 12300 8897 340 0 9237
Computer 48578 0 0 48578 14573 20403 0 34976
TOTAL 2722734 0 0 2722734 1289436 21810 0 1311246

0
 NET VALUE Rate Of
Depreciation
AS AT 31ST AS AT 31ST
MARCH 2016 MARCH 2015

17833 19815 10
673650 673650 0
602649 602649 0
9605 11857 10
1951 1951 0
371 371 0
88764 98626 10
3063 3781 10
13602 34005 60
1411488 1446705
 HANUMAN ESTATES LTD.

Miscellanious Expenses

sundry bal.w/off -6246

general exp. 26799
D.P. Charges 1670
round off -4.3
LATE PAYMENT CHARGES 1689.33
23908.03

Dhanbad Electriccal 20000

Popular Jute 13196
ADV. TO MINTU PAUL(DRAWING) 300000
333196
Other Payable

CALCUTTA CORPORATION 563707

SURCHARGE 1172115
DEPOSIT AGAINST M. TAX 3800000

5535822

TDS 9844.00

9844.00
Rate & Taxes
W.B. PROF. TAX 2500.00
RATES & TAXES 99861.00
Service tax paid 28779.23
p. tax 1000.00
132140.23

P.F. 15768.00
ADM. ON P.F. 6000.00
DEPOSIT LINK 2083.00
23851.00

CONTRIBUTION TO E.P.F. 37731.00

ADM. CHARGES D.L.I. 2585.00
40316.00

MARKET VALUE OF SHARES 1658

668400
400350
1070408

FIRE SHIELD ENG. EQUIPMENT 452787.00

(other current liabilities)
ICD
MUNICIPAL TAX
WAY 2 WEALTH BROKER