Trent : Booker Satnam Wholesale Limited FY 2021-22

Booker Satnam Wholesale Limited

(Formerly Booker Satnam Wholesale Private Limited)

Financial Statements for the year ended 31st March, 2022.

Booker Satnam Wholesale Limited

(Formely Booker Satnam Wholesale Private Limited)

Balance Sheet as at 31st March 2022

		As at		As at
		31 March 2022		31 March 2021
	Notes	Rs.in Lakhs		Rs.in Lakhs
Assets
Non-current assets
Property, plant and equipment	3	59.36	67.96
Intangible assets	4	0.00	0.00
Right of use assets	5	288.09	363.24
Financial assets			-
Other financial assets	6	37.51	35.10
Other Non-current assets	7	55.74		67.04
Total non-current assets		440.70	533.34
Current assets
Inventories	8	345.11	364.86
Financial assets
Trade receivables	9	88.86	5.82
-Trade receivables Considered Good
Cash and cash equivalents	10	38.32	97.22
Bank balances other than above	11	35.40	33.79
Other financial assets	12	20.05	31.73
Other current assets	13	82.99		276.63
Total current assets		610.73		810.05
Total assets		1,051.42	1,343.39
Equity and liabilities
Equity
Equity share capital	14	4,295.35	4,295.35
Other equity	15	(4,957.98)		(4,173.54)
Total equity		(662.63)	121.81
Non-current liabilities:
Financial Liabilities
Lease Liability	16	227.16		274.81
Total non-current liabilities		227.16	274.81
Current liabilities:
Financial Liabilities
Borrowings	17	700.00	150.00
Lease Liability	18	73.55	78.95
Trade Payables:	19
a) Total outstanding dues of micro enterprises		-	-
and small enterprises
b) Total outstanding dues of creditors other		703.68	701.78
than micro enterprises and small enterprises
Other current liabilities	20	9.65		16.04
Total current liabilities		1,486.88		946.77
Total liabilities		1,714.04		1,221.58
Total equity and liabilities		1,051.42		1,343.39

In terms of our report attached	For and on behalf of the Board of Directors
For Deloitte Haskins & Sells LLP	S/D-	S/D-
Chartered Accountants	Sanjay Rastogi	Abhijit Sen
Firm's Registration No.117366W / W-100018	Director	Director
	DIN: 08376572	DIN:00002593
S/D-	S/D-	S/D-
Sachanand C Mohnani	Swapnil Hasabnis	Soumen Bose
Partner	Company Secretary	Manager & CFO
Membership no. 407265	Membership No A48976
Place : Pune	Place : Mumbai
Date : 21 April 2022	Date : 21 April 2022

Booker Satnam Wholesale Limited

(foremerly Booker Satnam Wholesale Private Limited) Statement of Profit and Loss for the year ended 31st March 2022

		For the year ended	For the year ended
	Notes	31st March 2022	31st March 2021
		Rs.in Lakhs	Rs.in Lakhs
Revenue from Operations	21	4,629.29	5,438.47
Other income	22	6.18	18.06
TOTAL INCOME		4,635.47	5,456.53
EXPENSES
Purchase of stock-in-trade		4,552.58	5,377.18
(Increase)/decrease in finished goods	23	19.75	(115.94)
Employee benefit expense	24	137.34	157.80
Depreciation and amortization expense	25	93.13	105.42
Finance costs	26	71.62	22.37
Other expenses	27	254.99	246.58
TOTAL EXPENSES		5,129.41	5,793.41
Loss before exceptional items		(493.94)	(336.88)
Add/(Less): Provision for Accumulated GST Credit		(288.32)	-
Loss for the Year		(782.26)	(336.88)
Other Comprehensive Income
Items that will not be reclassified to profit or loss		-	-
Re-measurement gains/ (Losses) on defined benefit plans		(2.18)	(0.13)
Total Other comprehensive loss for the year, net of tax
	(2.18)	(0.13)
Total Comprehensive Loss for the year
(Comprising Profit/ (Loss) and Other Comprehensive		(784.44)	(337.01)
Income
Earnings per share
Basic earnings per share (Rs)	28	(1.82)	(0.80)
Diluted earnings per share (Rs)		(1.82)	(0.80)

In terms of our report attached	For and on behalf of the Board of Directors
For Deloitte Haskins & Sells LLP	S/D-	S/D-
Chartered Accountants	Sanjay Rastogi	Abhijit Sen
Firm's Registration No.117366W / W-100018	Director	Director
	DIN: 08376572	DIN:00002593
S/D-	S/D-	S/D-
Sachanand C Mohnani	Swapnil Hasabnis	Soumen Bose
Partner	Company Secretary	Manager & CFO
Membership no. 407265	Membership No A48976
Place : Pune	Place : Mumbai
Date : 21 April 2022	Date : 21 April 2022

Booker Satnam Wholesale Limited

(foremerly Booker Satnam Wholesale Private Limited)

Statement of Changes in Equity for the year ended 31st March 2022

Amount in Rupees Lakhs

a. Equity Share Capital:
			Equity shares of Rs 10 each
Equity shares of INR 10 each issued,			No. of shares	Amount
subscribed and fully paid
At 31 March 2020			42,953,498	4,295.35
Add: Shares issued during the year			-	-
At 31 March 2021			42,953,498	4,295.35
Add: Shares issued during the year			-	-
At 31 March 2022			42,953,498	4,295.35
(1) For the year ended on 31st March 2022 (Current Reporting period)
	Changes in Equity	Restated Balance	Changes in equity
Balance at the beginning of the	Share Capital due	at the beginning of	Balance at the end of the
share capital during
current reporting period	to prior period	the current	current reporting period
the current year
	errors	reporting period
4,295.35	-	4,295.35	-	4,295.35
(2) For the year ended on 31st March 2021 (Previous Reporting period)
	Changes in	Restated Balance
	Equity Share	Changes in equity
Balance at the beginning of the	at the beginning of	Balance at the end of the
Capital due to	share capital during
current reporting period	the current	current reporting period
prior period	the current year
	reporting period
	errors
4,295.35	-	4,295.35	-	4,295.35
For the year ended 31 March 2022
			Reserves and surplus	Other comprehensive income	Transaction cost on	Total other
Particulars
			equity issued	equity
			Retained Earnings	Remeasurement of net
			defined benefit plans
As at 31st March 2021			(4,171.10)	(0.13)	(2.30)	(4,173.53)
Profit/(Loss) for the year			(782.26)		-	(782.26)
Other comprehensive income/(expense)			(2.18)		(2.18)
Total			(782.26)	(2.18)	-	(784.44)
At 31 March 2022			(4,953.36)	(2.31)	(2.30)	(4,957.97)
For the year ended 31 March 2021
			Reserves and surplus	Other comprehensive income	Transaction cost on	Total other
Particulars
	Retained Earnings	Remeasurement of net	equity issued	equity
			defined benefit plans
As at 31st March 2020			(3,834.23)	-	(2.30)	(3,836.53)
Profit/(Loss) for the year			(336.87)	-	-	(336.87)
Other comprehensive income/(expense)		-	(0.13)	-	(0.13)
Total			(336.87)	(0.13)	-	(337.00)
As at 31 March 2021			(4,171.10)	(0.13)	(2.30)	(4,173.53)
In terms of our report attached				For and on behalf of the Board of Directors
For Deloitte Haskins & Sells LLP				S/D-		S/D-
Chartered Accountants				Sanjay Rastogi		Abhijit Sen
Firm's Registration No.117366W / W-100018			Director		Director
				DIN: 08376572		DIN:00002593
S/D-				S/D-		S/D-
Sachanand C Mohnani				Swapnil Hasabnis		Soumen Bose
Partner				Company Secretary		Manager & CFO
Membership no. 407265				Membership No A48976
Place : Pune				Place : Mumbai
Date : 21 April 2022				Date : 21 April 2022

Booker Satnam Wholesale Limited

(foremerly Booker Satnam Wholesale Private Limited)

Statement of Cash Flows for the year ended 31st March 2022
Amount in Rupees Lakhs
	31 March 2022		31 March 2021
Operating activities
Profit before tax	(782.26)	(336.87)
Adjustments to reconcile profit before tax to net cash flows:
Depreciation and amortization expense	93.13	105.42
(Income)/Loss from sale of investments	-	-
Remeasurement of defined benefit plan	(2.18)	(0.13)
Interest income	(3.78)	(2.13)
Loss on sale of assets	-	0.82
Balances written off	3.66	1.49
Provision for doubtful debts and advances	-	10.59
Liabilities / Balances no longer required written back	-	(0.05)
Gain on Lease termination/Modification	-	(11.97)
Interest on Security Deposit	(2.40)	(3.85)
Provision for Accumulated GST Credit	288.32	-
Finance expense	71.61		22.37
	448.36		122.56
Operating profit before working capital changes	(333.90)	(214.31)
Working capital adjustments:
Adjustment for (increase) / decrease in operating assets:
Trade Receivables	(83.04)	(2.48)
Inventories	19.76	(115.95)
Financial assets	11.70	25.70
Other Non Financial Assets	(83.40)	(75.09)
Adjustment for increase / (decrease) in operating liabilities:
Trade Payables	(1.75)	334.84
Financial Liabilities	-	(0.88)
Other Non-financial liabilities	(6.39)		1.68
Total adjustments	(143.12)		167.82
	(477.02)	(46.49)
Income tax paid	-		-
Net cash flow from / (used in) operating activities (A)	(477.02)	(46.49)
Investing activities
Purchase of property, plant and equipment	(9.37)	(66.90)
Balance held as margin money on security, guarantees	(1.60)	(0.87)
Term deposits of maturity less than one year	-	25.00
Proceeds from sale of current investments	-	-
Dividend received	-	-
Interest received (finance income)	3.76		1.19
Net cash flows from / (used in) investing activities (B)	(7.21)	(41.58)
Financing activities
Proceeds from issue of equity shares	-	-
Proceeds from short term borrowings	550.00	-
Repayment of short-term borrowings	-	(37.50)
Interest Expense	(71.61)	(22.38)
Payment of Lease Liability	(53.05)		(133.36)
Net cash flows from / (used in) financing activities (C)	425.34	(193.24)
Net increase / (decrease) in cash and cash equivalents	(58.89)		(281.31)
Cash and cash equivalents at the beginning of the year	97.20		378.51
Cash and cash equivalents at the end	38.31	97.20
Components of Cash and Cash Equivalents
Cash on hand	2.08	6.85
Balances with banks	-	-
- in current accounts	36.24	84.87
Credit card slips on hand	-		5.50
	38.32		97.22

Note:

1. All figures in brackets are outflows.
2. Previous Year figures have been regrouped wherever necessary.
3. Cash and cash equivalent consist of cash on hand and balance with banks as detailed in note no 10 to the Balance Sheet.

In terms of our report attachedFor and on behalf of the Board of Directors

For Deloitte Haskins & Sells LLP	S/D-	S/D-
Chartered Accountants	Sanjay Rastogi	Abhijit Sen
Firm's Registration No.117366W / W-100018	Director	Director
	DIN: 08376572	DIN:00002593

S/D-	S/D-	S/D-
Sachanand C Mohnani	Swapnil Hasabnis	Soumen Bose
Partner	Company Secretary	Manager & CFO
Membership no. 407265	Membership No A48976
Place : Pune	Place : Mumbai
Date : 21 April 2022	Date :2122 April 2021