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Vindhya Telelinks Limited
Regd. Office: Udyog Vihar. p.O. Chorhata,
Rewa - 486 006 (M.p.) India.
lllSfoilB'o ret.:107662) 4OO4OO. Fax: (07662) 40059i
E-Mai | : headofflce@vtlrewa.com . Website : www.vtl rewa.com
PAN No. AAACV7757J . CIN No. L3t 300Mpt 983PLCOO2 t 34
csltN : 23AAACV7757JlZ0
l2l Recommended Dividend of Rs. 12/- per share (i.e. l2oo/o) on 1,18,50,863 Equity Shares of
face va_lue of Rs.lo/- each of the company for the financial year 2018-19, subject to
approva-1 of the same by the Shareholders in the ensuing Thirty Sixth Annual General
Meeting of the Company. Upon approval of shareholders, the dividend declared will be
paid within 3O days of declaration.
The aforesaid meeting of the Board of Directors of the company comrnenced at 3.15 P.M.
and concluded at 8.50 P.M.
Thanking you,
Yours faithfullv.
For Vindhva Telelinks Limited
-^,Sncl: As above.
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\\ .// Works: i) ptotNo. l Udyog Vihar. p.O. Chorhata, Rewa_486006 (M.p.)
'*8tr*:,%l'' ii) Plot No. t -C & I -D, Udyog Vihar. pO. Chorhata. Rewa - 4A6 006 (M.p)
$is*ffi VINDHYA TELELINKS LIMITED
{ew& Regd. Ofiice: Udyog Vihar, p.O.Chofhab, Rewa - 4so 006
tM,p.l
s$&lHsJ,iE " CtN: L31 300t\,tp1 9B3pLC0O2134
Ietephone No: 07662-400400, Fax No: 07662-4Oo591
Emait: hcadoff ice@vurewa.com; Websit.: m.vr.ewa.con
Conld .2
t2l
(a) Cablcs 17',7 4't .81 r8657.i I r6793. ll 70245.08 47030.95 702,15.08 47030.95
(b) Lingillccring,Procurcnrent&CoDstruction 47fJ35.0t 36241.13 2-9292.16 r54883.76 94402 0',7 1sr188J.76 94402.07
Lessi Inter-Segmcnt Revcnue 5,t25.17 2612.s8 2632 7 5 | 559r.89 6294.56 rs59r.89 6294.s6
'I otnl Rev€nuc from Opcrations 60r 57.68 52285.86 43452 209536.95 ri5 t38.46 209s36.95
-54 135 r38.46
2 Scgnlcnt Rcsults
(a) Cables 2167.3u 2990.69 3036.12 10804.78 62i 185 r0804.78 6231.35
(b) Engineering, Procurenrent & Conslfuction 6221,56 4549.08 2147.85 20464.95 9663.12 20464.95 9663.',72
l-css: lntcrest (Nct) (| nr0.28) (t627.4s) (993.14) (s7s6.98) (1371.83) (5r 24.69) (2890.85)
Addr Othcr Unallocable Incorle Net ol [Jlrallocable
Expenses (r r0.86) (94.07) (93.64) t76.38 76.96 10s65.J3 6794 53
'I otAl Profit before l r)r 616't.',72 5818.25 4097.19 25689.13 12600.70 36110.3',7 t9'/99.25
Seg|nont Asscts
1 Segment Li{bililics
,br rrrlrnccrirrg. Prorurrnrrrr & ( or,tnr.li.ll 68943.13 86264.28 s0i37 84 86261.28 50337.84
Contd .3
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S'I'ATDNIENT OII ASSE'I'S AND t,IAI}ILIl'IES
P RI |Il
sl.
No.
erded ended cnded
31.03.20r9 31.03 2018 3t.03.20t9 3 r.03.20i8
ASSE'I'S
(t) NoN-ctJnRENTASS[].S
(a) Pfopcrty, Planr and Equiprnent 1276't.10 8134 62 t2't64.10 8l14 62
(b) Capital Wo.k-m-t,rogress ,154.85 454.85
(c) Investmcnt Propc(y 96.50 98.82 96.50 98.82
(d) lntangible Assets 65.,11 86 06 65.41 86 06
(cJ Investmenr accounted tbr using thc [qujty Mclhod 163t6t.86 r55rJ05.23
(1) Lnancial Assets
(i) lnvcsrments 2203s.52 l66r6.ll r73r3.51 12823.58
(ii) liade Recelvabtes r86s.07 186s.07
(iii) Loans
7800.00 2800.00
(i\, Othef Financial Assets 154{1.6,1 2785 36 1548.64 2785.i6
(g) Non,Curfenr Tlx Asscls (N€r) 839.89 147.t8 842.83
(h) Other Non-Currenl Asscts 75.1 | 43t.6i 75.11 4rl6i
'l otrl Non-Currcnt Ass€ts
3929(.21 29t57 0l 205s39.01 t8l97t 80
(2) CTIRRENT ASSU T S
(a) lnventorics u0314.74 37285 45 803t4.74 17285.,15
(b) Financial Assels
(i) Trade Receivabtcs 120968.05 '72054.t1
72054.r1 120968.05
(rr) Loans
2000.00
(iii) Cash and Cash Equivalolrs 156.51 28187 343.13 199 8l
(iv) Bank Balances Othcr than (iji) a0ove 3389.08 3150.50 3389.08 r ri0.50
(iv) Othcrs Financial Assets 164r.80 39t0 35 r6,13.15 191t.70
(c) Curcnl Tax Asscrs (Net) 333.61
(d) Othcr CUfrenl Assets t48t9.64 r5905.27 r4830.87 ) 5945 21
(e) Asscls Classitlcd as held lbr Sate/Disposal 8.50 2.00 u.50 200
Total Current Assrts 22163t.93 [2592.55 221831. r1 114708.86
260922.1-l r61749.58 127370.16 t18688 66
IJ I'QUTI'Y AND LIARI LITI I'S
EQrirl \'
(a) Equity Share Capilal I 184.58 Iu4.2| I I84.58 |84.21
(b) Olhcr Equi!y 7r 865.33 5t126 66 238 r06.39 208395.0i
'1oll|l Dquity
73019.91 529r0 87 23\)290.97 209579 24
LIABI I,ITIES
(r) NoN-ctjRR EN'r' r,tA Bt Ltl'l ES
(a) FinancialLiabilllics
(i) Bono\\rings 15482.99 H2t8.40 3s482.99 I t2r8 40
(i') Other Financial Liabililics I(j.8I 9.85 t0.81 9.85
(b) Provisions 2380.41 2942 04 2180.41 294104
(c) Defeffed Iax Liabilirics (Ner) 1l2l.01 302.11 t30r.64 550 72
-Iotnl
Non'Currcnt Liabilities 3899s.22 t.t17l 00 39r 75.85 t412t Al
(2) CIjRRENI LTABILTI' IS
(a) Finnncial l.iabjlities
(i)Borro$,ings 14585.14 ,145ti5.I4
34500 90 34500 90
(ii)Trade Payabtes
Due 10 Micro and Small Ente.prises 5313.99 1122.68 5313.99 il22 68
Duc ro Other than Micro and Small Enterprises 6t445.56 1l r87.60 61446.22 4it59.66
(iii) Other Finarcial Liabililies 425',7.'/9 2054 4l 425',7.79 2054 4r
(b) Other Current Liabililies 2985r.98 10545.18 29859.05 r0573 97
{c) Provisions r994.60 298.2',1 20t3.t7 115.07
(d) Current 'la\ l-rabilities (Net) t42't.98 456 41 142'7.98 46t 72
-l'otnl
Currcnt Lixbililics 14138'11.01 94i65.71 t48903.31 94383 4l
'l ot:ll Equit)'nnd Liabitilies
260922.1',7 16t749 58 4273',70.16 .l r8688 66
\ Contd. 4
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Notes:
The Board ol Directors has recommended a dividend at the mte of lI2/_ per fully paid
up equity share of face
value of T | 0/- each for the year ended 3 l st March, 2019. The payment of dividend
is iutle"ito tt'" approval of the
shareholders in the ensuing Annual Generai Meeting ofthe Company.
The Revenue from opefations for periods upto 30th June, 20l7 were repoded inclusive
ofexcise duty. consequent
to the implementation of Goods and Services Tax (GST) laws effective from l st July, 2017
, the Revenue from
Operations for the year ended 3 I st March, 2019 are reported net of CST, in accordance
with the requircments of
lnd AS. Accordingly, the Revenue from Operations for the year ended 3 1st March, 201 9 are not
comparable with
the amounts repofied in the corresponding previous year.
The Company has commissioned first phase of substantial expansion project for augmenting production
capacrry
of optical Fibre Cables during the quafter ended 3 I st March, 20 t 9. The second phase of tle piolect progressing
is
laster than scheduled and is likely to be cornmissioned during the current fis cal year
2019-20.
The figures of the quafier ended 3lst March,2019 and the quafier ended 3lst March,2018 are the
balancing
figures between the audited figures in respect of the full financial year and the published
unaudited year to date
figures upto the third quartef ofrcspective financial years which were subject to limited review.
Figures for the previous period/year are le-classified/re-grouped, wherever necessary, to coffespond
with the
current period's/yea/s classifi cation
The above Audlted Financial Resuits have been reviewed and recomnended by the
Audit Committee and approved
by the Board of Directors at their respective meetings held on i 6tl, May, 2019.
X*LnSr'"^*""-'
(Karthik Srinivasan)
Place : New Delhi
Dated : 16th May,2O19 Partner
Membership No. S1499B
Mumbai :2-C, Court Chambers, 35, New Marine Lines Mumbai- 400 020.fel (022) 2200 4465 122067110 E-mail : mumbai@vsa.co.in
Chennai :41, Circular Road, United India Colony, Kodambakkam, Chennai - 600 024 Tel (044) 2372 5720 E-mail : chennai@vsa.co.in
V. SANKAR AIYAR & CO.
CK Flar
I 2O2 -
Nos.l301
CHARTERED ACCOUNTANTS
Satyam Cineme Complex, Ranjit Nagar Communiv Centrc, Ncw Delhl'110008
lel (91 -1
)-25702691,
1 257 04639, 43702919
_ Tet i91_11i257 0s233,2s70s23z 4S150845
2. We conducted our audit in accordance with the Standards on Auditing issued by the lnstitute of
Chartered Accountants of India. Those standards require that we plan and perform the audit to
obtain reasonable assurance about whether the Statement is free of material misstatement. An
audit includes examining, on a test basis, evidence supporting the amounts disclosed in the
Statement. An audit also includes evaluating the appropriateness of the accounting policies used
and the reasonableness of the significant accounting estimates made by Management, as well as
evaluating the overall presentation of the Statement. We believe that the audit evjdence we have
obtained is sufficlent and appropriate to provide a basis for our opinion.
3. We did not audit the financial statements of 3 subsidiaries whose financial statements reflect total
assets of Rs. 23060.86 lacs as at March 31, 2019, total revenues of Rs.2419.47 lacs, total net
profit after tax of Rs. 2066.15 lacs and totai comprehensive income of Rs. 22'10.06 lacs for the year
ended on that date, as considered in the consolidated results included in the statement. The
financial statement of the subsidiaries prepared under Accounting Standards (IGAAP) have been
converted to Indian Accounting Standards ('lnd AS') and audited by another auditor for the purpose
of consolidation with the Parent Comoanv.
Our opinion on the statement is not modified jn respect of the above matters with regard to our
reliance on the work done and the reports of the other auditors.
4. The consolidated results also include the share of net profiv (loss) (including OCI) of Rs. (2417.45t
lacs for the year ended March 31, 2019, in respect of an Associate, whose financial statements
have not been audited by us. The financial statements of such Associate are unaudited and have
been furnished to us by the Management. Our opjnion on the consolidated lnd AS financial results,
in so far as it relates to the amounts and disolosures included in resoect of the associate. is based
solely on such unaudited financial statements.
35, New Marine Lines Mumbai - 400 O2O.Tel (0221 2200 4465 1 2206 7440 E-mail : mumbai@vsa.co.in
Chennai : 41 , Circutar Road, United India Colony, Kodambakkam, Chennai - 600 024 Tel (044) 2372 5720 E-mail : chennai@vsa co.in
5 ln our opinion and to the best of our information and according to the explanations given
to us, and
based on the consideration of the reports of the other auditors referred to paragraph 3 above, the
Statement:
(i) lncludes the results of following entities besides the parent company:
(ii) rs presented in accordance with the requirements of Regulation 33 of the sEBI (Listing
obligations and Disclosure Requirements) Regulations, 201s as modified by circular No.
CIR/CFD/FAC/62I2016 dated Jutv S. 2016: and
(iii) gives a true and fair view in conformity with the Indian Accounting standards ('lnd AS') and
other accounting principles generally accepted in India of the net profit (including other
comprehensive income) and other financial information of the company for the year ended
31"r March 2019.
The Board of Directors of the Company at its meeting held on 16th May, 2019 has approved the
Audited Financia-l Results (Standa.lone & Consolidated) of the Company for the year ended 3lut
March, 2019 and we hereby declare that the Statutory Auditors of the Company, Messrs V.
Sankar Aiyar & Co., Chartered Accountants, (Firm Registration No.109208W) have issued an
Audit Report with unmodified opinion thereon.
This declaration is issued in compliance with the provisions of the Regulation 33(3)(d) of the
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)
Regulations, 2015 as amended by the Securities and Exchange Board of India (Listing
Obligations ald Disclosure Requirements) (Amendment) Regulations, 2016 vide notification
dated 25ft May,2O76 read with SEBI Circular No.CIR/CFD/CMD /56 /2016 dated 27*, May,
2016.
Yours faithfully,
For Vindhya Telelinks Limited
Works: i) Plot No. I, Udyog Vihar, P.O. Chorhata, Rewa - 486 OOO (M.p.)
ii) Plot No. l-C & I -D. Udyog Vihar, p.O. Chorhata. Rewa - 486 006 (M.p.)