General information about company

Scrip code531822
NSE Symbol
MSEI Symbol
ISIN*INE513E01024
Name of companyRODIUM REALTY LIMITED
Type of company
Class of securityEquity
Date of start of financial year01-04-2019
Date of end of financial year31-03-2020
Date of board meeting when results were approved13-11-2019
Date on which prior intimation of the meeting for considering financial results was informed to the exchange05-11-2019
Description of presentation currencyINR
Level of rounding used in financial resultsLakhs
Reporting QuarterHalf yearly
Nature of report standalone or consolidatedConsolidated
Whether results are audited or unauditedUnaudited
Segment ReportingSingle segment
Description of single segmentREAL ESTATE
Start date and time of board meeting13-11-2019 16:00
End date and time of board meeting13-11-2019 19:00
Declaration of unmodified opinion or statement on impact of audit qualificationNot applicable



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 period01-07-201901-04-2019
BDate of end of reporting period30-09-201930-09-2019
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedConsolidatedConsolidated
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 operations703.192200.84
Other income114.28146.29
Total income817.472347.13
2Expenses
(a)Cost of materials consumed333.271008.6
(b)Purchases of stock-in-trade00
(c)Changes in inventories of finished goods, work-in-progress and stock-in-trade169.44772.41
(d)Employee benefit expense 20.5447.42
(e)Finance costs91.01150.8
(f)Depreciation, depletion and amortisation expense2.915.48
(f)Other Expenses
1Other expenditure234.05361.17
10
Total other expenses234.05361.17
Total expenses851.222345.88

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 period01-07-201901-04-2019
BDate of end of reporting period30-09-201930-09-2019
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedConsolidatedConsolidated
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 tax-33.751.25
4Exceptional items 00
5Total profit before tax-33.751.25
7Tax expense
8Current tax-10.960
9Deferred tax3.915.06
10Total tax expenses-7.055.06
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-26.7-3.81
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-26.7-3.81

Financial Results Ind-AS

Particulars3 months/ 6 month ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
ADate of start of reporting period01-07-201901-04-2019
BDate of end of reporting period30-09-201930-09-2019
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedConsolidatedConsolidated
Other comprehensive income [Abstract]
1Amount of items that will not be reclassified to profit and loss
1The items that will not be reclassified to profit or loss.0.51
Total Amount of items that will not be reclassified to profit and loss0.51
2Income tax relating to items that will not be reclassified to profit or loss 0.14-0.028
3Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4Income tax relating to items that will be reclassified to profit or loss 00
5Total Other comprehensive income0.361.028

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 period01-07-201901-04-2019
BDate of end of reporting period30-09-201930-09-2019
CWhether results are audited or unauditedUnauditedUnaudited
DNature of report standalone or consolidatedConsolidatedConsolidated
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-26.34-2.782
24Total profit or loss, attributable to
Profit or loss, attributable to owners of parent00
Total profit or loss, attributable to non-controlling interests00
25Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent-3.58-3.08
Total comprehensive income for the period attributable to owners of parent non-controlling interests-0.01-0.01
26Details of equity share capital
Paid-up equity share capital324.79324.79
Face value of equity share capital1010
27Details of debt securities
28Reserves excluding revaluation reserve
29Earnings per share
iEarnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations-0.81-0.12
Diluted earnings (loss) per share from continuing operations-0.81-0.12
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-0.81-0.12
Diluted earnings (loss) per share from continuing and discontinued operations-0.81-0.12
30Debt equity ratio00
31Debt service coverage ratio00
32Interest service coverage ratio00
33Disclosure of notes on financial resultsTextual Information(1)

Text Block

Textual Information(1)Notes:

(1)The above unaudited consolidated financial results for the Quarter and Half year ended 30th September,2019 were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 13th November, 2019. The same have also been subjected to Limited Review by the Statutory Auditors.

(2)The Consolidated Financial results include the results of the holding company and Seven subsidiaries. The holding company with its subsidiaries is here in referred to as the Group. In the previous year, the Group has opted to publish Consolidated Financial results on an annual basis. Accordingly, the Consolidated Financial results for the Quarter and Half year ended 30th September,2018 and Cash Flow Statement for the Half year ended 30th September,2018 are approved by the Board of Directors of the Company but have not been subjected to review by the Statutory Auditors.

(3)These financial results have been prepared in accordance with the recognition and measurement principles laid down in the Ind AS 34-Interim Financial Repotting prescribed under Section 133 of the Companies Act, 2013 read with the rules thereunder and in terms of SEBI Circular dated 5th July,2016.

(4) The group is engaged interalia in the construction, development and other related activities. These in the context of IND AS -108 Operating Segment are considered to constitute one single primary segment.

(5) Effective April 1, 2019, The Group has adopted IND AS -116 - Leases. The adoption of IND AS 116 does not have any impact on consolidated financial results of the Company.

(6) Pursuant to the Taxation Laws (Amendment) Ordinance, 2019 issued on 20th September, 2019, Corporate Assesses have been given the option to apply lower income tax rate with effect from 1st April, 2019, subject to certain conditions specified therein. The group is in the process of evaluating the impact of availment of the said option and accordingly, no effect in this regard has presently been considered in the measurement of tax expense for the quarter and the period ended 30th September, 2019 and the consequent impact on the deferred tax as of that date.

(7) During the quarter ending 30th September 2019, The Group has reversed the input tax credit amounting to Rs.118.67 Lakhs availed for the unsold units and non-completed units post 1st April 2019. This is in consequent to changes in Goods and Service Tax laws with regards to Real estate development where the Group had to reverse the input tax credit availed by 30th September,2019.

(8) The figures for the previous periods have been regrouped wherever necessary.






Statement of Asset and Liabilities

ParticularsHalf year ended (dd-mm-yyyy)
Date of start of reporting period01-04-2019
Date of end of reporting period30-09-2019
Whether results are audited or unauditedUnaudited
Nature of report standalone or consolidatedConsolidated
Assets
1 Non-current assets
Property, plant and equipment15.87
Capital work-in-progress0
Investment property0
Goodwill0
Other intangible assets0.67
Intangible assets under development0
Biological assets other than bearer plants0
Investments accounted for using equity method0
Non-current financial assets
Non-current investments123.8
Trade receivables, non-current0
Loans, non-current0
Other non-current financial assets0
Total non-current financial assets123.8
Deferred tax assets (net)6.44
Other non-current assets14.13
Total non-current assets160.91
2Current assets
Inventories7551.42
Current financial asset
Current investments437.62
Trade receivables, current1781.36
Cash and cash equivalents159.06
Bank balance other than cash and cash equivalents1400.81
Loans, current170.54
Other current financial assets73.87
Total current financial assets4023.26
Current tax assets (net)55.54
Other current assets339.81
Total current assets11970.03

Statement of Asset and Liabilities

ParticularsHalf year ended (dd-mm-yyyy)
Date of start of reporting period01-04-2019
Date of end of reporting period30-09-2019
Whether results are audited or unauditedUnaudited
Nature of report standalone or consolidatedConsolidated
3Non-current assets classified as held for sale0
4Regulatory deferral account debit balances and related deferred tax Assets0
Total assets12130.94
Equity and liabilities
Equity
Equity attributable to owners of parent
Equity share capital344.5
Other equity882.57
Total equity attributable to owners of parent1227.07
Non controlling interest28.52
Total equity1255.59
Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current3592.14
Trade payables, non-current0
Other non-current financial liabilities0
Total non-current financial liabilities3592.14
Provisions, non-current42.88
Deferred tax liabilities (net)0
Deferred government grants, Non-current0
Other non-current liabilities0
Total non-current liabilities3635.02
Current liabilities
Current financial liabilities
Borrowings, current6186.6
Trade payables, current203.83
Other current financial liabilities34.35
Total current financial liabilities6424.78
Other current liabilities795.92
Provisions, current19.63
Current tax liabilities (Net)0
Deferred government grants, Current0
Total current liabilities7240.33
3Liabilities directly associated with assets in disposal group classified as held for sale0
4Regulatory deferral account credit balances and related deferred tax liability0
Total liabilities10875.35
Total equity and liabilites12130.94
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 period01-07-201901-04-2019
Date of end of reporting period30-09-201930-09-2019
Whether accounts are audited or unaudited
Nature of report standalone or consolidatedConsolidatedConsolidated
1Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3(Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets
Net Segment Asset
4Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments