General information about company
Scrip code	511501
NSE Symbol
MSEI Symbol
ISIN*	INE900A01013
Name of company	BHARAT BHUSHAN FINANCE & COMMODITY BROKERS LIMITED
Class of security	Equity
Date of start of financial year	01-04-2019
Date of end of financial year	31-03-2020
Date of board meeting when results were approved	22-06-2020
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	12-06-2020
Description of presentation currency	INR
Level of rounding used in financial results	Lakhs
Reporting Quarter	Yearly
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited	Audited
Segment Reporting	Single segment
Description of single segment	Dealing in shares and Securities
Start date and time of board meeting	22-06-2020 17:00
End date and time of board meeting	22-06-2020 19:30
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results – NBFC
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-01-2020	01-04-2019
B	Date of end of reporting period	31-03-2020	31-03-2020
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue 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.
1	Income
	Revenue from operations
(i)	Interest Income	2.38	9.59
(ii)	Dividend Income	2.23	11.65
(iii)	Rental Income	0	0
(iv)	Fees and commission Income	0	0
(v)	Net gain on fair value changes	27.95	33.74
(vi)	Net gain on derecognition of financial instruments under amortised cost category	0	0
(vii)	Sale of products (including Excise Duty)	0	0
(viii)	Sale of services	0	0
(ix)	Other revenue from operations
1	Profit on Sale of F&O	-0.61	1.75
	Total other revenue from operations	-0.61	1.75
	Total Revenue From Operations	31.95	56.73
	Other income	0	0
	Total income	31.95	56.73
2	Expenses
	Cost of materials consumed	0	0
	Purchases of stock-in-trade	0	0
	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	0
	Employee benefit expense	4.63	17.15
	Finance costs	0	0
	Depreciation, depletion and amortisation expense	0	0
	Fees and commission expense	0	0
	Net loss on fair value changes	0	0
	Net loss on derecognition of financial instruments under amortised cost category	0	0
	Impairment on financial instruments	0	0
(f)	Other expenses
1	Other expenses	3.75	13.37
	Total other expenses	3.75	13.37
	Total expenses	8.38	30.52

Financial Results – NBFC
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-01-2020	01-04-2019
B	Date of end of reporting period	31-03-2020	31-03-2020
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue 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.
3	Total profit before exceptional items and tax	23.57	26.21
4	Exceptional items	0	0
5	Total profit before tax	23.57	26.21
7	Tax expense
8	Current tax	-0.96	5.4
9	Deferred tax	0.03	0.03
10	Total tax expenses	-0.93	5.43
14	Net Profit Loss for the period from continuing operations	24.5	20.78
15	Profit (loss) from discontinued operations before tax	0	0
16	Tax expense of discontinued operations	0	0
17	Net profit (loss) from discontinued operation after tax	0	0
19	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
21	Total profit (loss) for period	24.5	20.78

Other comprehensive income net of taxes
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-01-2020	01-04-2019
B	Date of end of reporting period	31-03-2020	31-03-2020
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Items that will not be reclassified to Profit or Loss	-239.05	-193.79
	Total Amount of items that will not be reclassified to profit and loss	-239.05	-193.79
2	Income tax relating to items that will not be reclassified to profit or loss	-8.37	-1.71
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-230.68	-192.08

Financial Results – NBFC
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-01-2020	01-04-2019
B	Date of end of reporting period	31-03-2020	31-03-2020
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue 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.
23	Total Comprehensive Income for the period	-206.18	-171.3
24	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
25	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	0	0
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
26	Details of equity share capital
	Paid-up equity share capital	338.04	338.04
	Face value of equity share capital	10	10
28	Reserves excluding revaluation reserve
29	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings per share from continuing operations	0.72	0.61
	Diluted earnings per share from continuing operations	0.72	0.61
ii	Earnings per equity share for discontinued operations
	Basic earnings per share from discontinued operations	0	0
	Diluted earnings per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings per share	0.72	0.61
	Diluted earnings per share	0.72	0.61
30	Debt equity ratio
31	Debt service coverage ratio
32	Interest service coverage ratio
33	Disclosure of notes on financial results	Textual Information(1)

Text Block

Textual Information(1)

1. The above Audited Financial Results for the year ended March 31st, 2020 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on June 22nd, 2020. 2. The Company has adopted Indian Accounting Standards ('lnd AS') notified under Section 133 of the Companies Act, 2013 ("the Act") read with the Companies (India Accounting Standards) Rules, 2015, from 1st April, 2019 and the effective date of such transition is 1st April, 2018. Such transition has been carried out from the erstwhile Accounting Standards notified under the Act read with relevant Rules issued thereunder (referred to as "the Previous GAAP"). The impact of transition has been recorded in the opening reserves as on 1st April, 2018 and the corresponding figures presented in these results have been restated/reclassified. The above financial results have been prepared in accordance with recognition and measurement principles laid down in lnd AS 34- Interim Financial Reporting prescribed under Section 133 of the Act read with relevant Rules issued thereunder. 3. As required by Paragraph 32 of lnd AS 101, the profit reconciliation between the figures reported under the Previous GAAP and restated as per lnd AS is as under (Rs. in lakhs) : Net Profit after tax as reported under Previous GAAP: 17.65 (Quarter ended 31.03.2019) , 62.16 ( Year ended 31.03.2019); lnd AS adjustments resulting in increase/(decrease) in profit after tax as reported under Previous GAAP: Increase/ (Decrease) in profit due to fair value changes in Investments at FVTPL: -8.01 (Quarter ended 31.03.2019), -6.39 (Year ended 31.03.2019) Tax adjustment on above items: Net Profit After Tax as per Ind AS: 9.64 (Quarter ended 31.03.2019), 55.77 (Year ended 31.03.2019) Other comprehensive income, net of tax: 198.84 (Quarter ended 31.03.2019) , 125.41 (Year ended 31.03.2019) Total Comprehensive income (after Tax) as reported under Ind AS: 208.48 (Quarter ended 31.03.2019), 181.18 (Year ended 31.03.2019) 4. As required by Paragraph 32 of lnd AS 101, the equity reconciliation between the figures reported under the Previous GAAP and restated as per lnd AS is as under (Rs. in lakhs) : Equity as reported under Previous GAAP: 913.76 (Year Ended 31.03.2019); lnd AS adjustments resulting in increase/(decrease) in equity as reported under Previous GAAP: Increase /(decrease) in profit due to changes in fair value of investments at FVTPL: 17.40 (Year Ended 31.03.2019) Tax adjustment on above items Other comprehensive income, net of tax: 597.38 (Year Ended 31.03.2019) Equity as per IndAS: 1528.54 (Year Ended 31.03.2019) 5. The figures for the last quarter of the current and previous financial year are the balancing figures between audited figures in respect of the full financial year and the published year to date figures up to the third quarter of the current and previous financial year which were subject to limited review by stautory auditors. 6. The outbreak of COVID-19 pandemic across the globe and in India and consequential nationwide lock down since March 24,2020, has caused a significant decline and volatility in the global as well as Indian financial markets and slowdown in economic activities. The management has assessed the potential impact of COVID-19 on the company and based on its review there is no significant impact on its financial results on a medium and long term basis. 7. The Comapany is registered as NBFC with RBI & at presents there are no reportable segment as per Indian Accounting Standard - 108 on "Operating Segments" in respect of the Company. 8. Previous Period/year figures have been regrouped and/or rearranged, wherever necessary to make their classification comparable with the current period/year.

Statement of Asset and Liabilities
Particulars		Current year ended (dd-mm-yyyy)
Date of start of reporting period		01-04-2019
Date of end of reporting period		31-03-2020
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Finanical Asset
	Cash and cash equivalents	7.63
	Bank Balance other than (a) above	16.89
	Derivative financial instruments
	Receivables
	(I) Trade Receivables
	(II) Other Receivables
	Loans	20
	Investments	1353.8
	Other Financial assets	22.44
2	Non Financial Asset
	Inventories	0
	Current tax assets (Net)
	Deferred tax Assets (Net)
	Investment Property
	Biological assets other than bearer plants
	Property, Plant and Equipment	0.33
	Capital work-in-progress
	Intangible assets under development
	Goodwill	0
	Other Intangible assets	0
	Other non-financial assets (to be specified)	3.02
	Total assets	1424.11
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	338.04
	Other equity	994.73
	Total equity attributable to owners of parent	1332.77
	Non controlling interest
	Total equity	1332.77
2	Liabilities
2.1	Financial Liabilities
(a)	Derivative financial instruments
(b)	Payables
	(I)Trade Payables
	(i) total outstanding dues of micro enterprises and small enterprises
	(ii) total outstanding dues of creditors other than micro enterprises and small enterprises
	II) Other Payables
	(i) total outstanding dues of micro enterprises and small enterprises
	(ii) total outstanding dues of creditors other than micro enterprises and small enterprises
(C )	Debt Securities
(d)	Borrowings (Other than Debt Securities)	0
(e)	Deposits
(f)	Subordinated Liabilities
(g)	Other financial liabilities	18.31
2.2	Non-Financial Liabilities
(a)	Current tax liabilities (Net)	0.42
(b)	Provisions	0.5
(C )	Deferred tax liabilities (Net)	72.03
(d)	Other non-financial liabilities	0.08
	Total liabilities	91.34
	Total equity and liabilites	1424.11

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-01-2020	01-04-2019
Date of end of reporting period		31-03-2020	31-03-2020
Whether accounts are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment 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
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities
	Net Segment Liabilities
	Disclosure of notes on segments