SIN\?

LEX
11mm REAL TY LTD.

3 rd August, 2021

Department of Corporate Services

BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai-400001

Dear Sir/Madam,

Ref: BSE Security Code 503229

Sub: Un-audited Financial Results for the quarter ended 30 th June, 2021

Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015, we are submitting herewith, in the prescribed format, the Un-audited
Financial Results (Standalone and Consolidated) along with Limited Review Report for the
quarter ended 30 th June, 2021.

The said results have been reviewed by the Audit Committee and taken on record and
approved by the Board of Directors of the Company at its meeting held on 3 rd August, 2021.

Kindly take the same on your records.

Thanking you,

Yours faithfully,
For Simplex Realty Limited

\J-60-S ~
\~
Paras Shah
Company Secretary &
Compliance Officer

CIN-Ll 71 I0MH1912PLC000351
30, Keshavrao K.hadye Marg, Sant Gadge Maharaj Chowk, Mahalaxmi (E), Mumbai - 400011
T : +91222308 2951 I F: +912223072773 I E : [email protected] I W: www.simplex-group.com
 Khandelwal & Mehta LLP
Chartered Accountants
(LLP No.AAE-3742)

Independent Auditor's Report on Quarterly Standalone Unaudited Financial Results of Simplex Realty
Limited Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015

To,
The Board of Directors,
Simplex Realty Limited
Mumbai.

1. We have reviewed the accompanying statement of Standalone unaudited financial results of Simplex
Realty Limited ("the Company") for the quarter ended 30 th June, 2021, attached herewith, being submitted
by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 as amended ("the Listing Regulation"),

2. The preparation of the Statement in accordance with the recognition and measurement principles laid down
in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133
of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting
principles generally accepted in India, read with the Circular, is the responsibility of the Company's
management and has been approved by the Board of Directors of the Company. Our responsibility is to
express a conclusion on the Statement based on our review.

3. We conducted our review of the Statement in accordance with the Standard on Review Engagements
(SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity"
issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform
the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A
review is limited primarily to inquiries of company personnel and analytical procedures applied to financial
data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we
do not express an audit opinion.

4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that
the accompanying Statement, prepared in accordance with the recognition and measurement principles
laid down in the aforesaid Indian Accounting Standards ("Ind AS") specified under Section 133 of the
Companies Act 2013 as amended, read with relevant rules issued thereunder and other recognised
accounting practices and policies has not disclosed the information required to be disclosed in terms of the
Regulation, read with the Circular, including the manner in which it is to be disclosed, or that it contains any
material misstatement.

For Khandelwal & Mehta LLP

Chartered Accountants
(Firm Regn.no.W100084)

S.L Khandelwal
(Partner)
Mem.No.101388
Place : Mumbai
Date : Jd August, 2021 .
UDIN : 21101388AAAACN3275

1403 - Sai lndu Tower , Opp. Corpora Mall, LBS Marg, Bhandup West, Mumbai 400078.
• e-mail : [email protected]
Partners: S.L . Khandelwal - 098212 45353 • S.A. Momaya - 098214 32657
GSTIN: 27AAPFK6261N1ZL
 511\J\?LEX
11mm REAL TY LTD.

SIMPLEX REALTY LIMITED

30 KESHAVRAO KHADYE MARG SANT GADGE MAHARAJ CHOWK MUMBAI 400 011
UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE, 2021
(~ in Lakhs)
Quarter ended Year ended
Sr.No. Particulars 30.06.2021 31.03.2021 30.06.2020 31.03.2021
IUnauditedl IAuditedl /Unaudited) IAuditedl

1 Revenue from operations 19.66 16.55 19.33 415.60

2 Other income 142.48 145.04 112.17 508.55
3 Total revenue (1+2) 162.14 161 .59 131.50 924.15
4 Expenses:
a) Cost of developmenVsales - (0.22) - 442.14
b) Employee benefits expense 62.72 71.62 66.28 270.19
c) Finance costs 3.30 3.97 6.24 20.63
d) Depreciation 4.02 3.38 2.92 12.35
e) Other expenses 24.94 40.48 26.12 138.03
Total expenses 94.98 119.23 101.56 883.34
5 ProfiU(Loss) before exceptional Items and tax (3-4) 67.16 42.36 29.94 40.81
6 Exceptional items - - -
7 ProfiU(Loss) before tax (5-6) 67.16 42.36 29.94 40,81
8 Tax expenses :
Current tax 4.44 7.01 6.52 7.01
Deferred tax liability/(asset) 12.34 (14.57) (1.06) (12.72)
Taxes of earlier years - 0.02 - 0.02
9 ProfiU(Loss) for the period (7-8) 50.38 49.90 24.48 46.50
10 other Comprehensive lncome/(Expense) - (OCl)-(net of tax)
a) Items that will not be reclassified to profit or loss 17.10 36.24 32.28 54.43
b) Items that may be reclassified to profit or loss 11.01 12.04\ 10.22) 44.23
Other Comprehensive lncome/(Expense) 28.11 34.20 32.06 98.66
11 Total Comprehensive lncome/(Expense) for the period (9+10) 78.49 84.10 56.54 145.16
12 Paid up Equity Share Capital (face value of~ 10/- each) 299.14 299.14 299.14. 299.14
13 Other Equity excluding Revaluation Reserve - - 10,861.52
14 Basic & Diluted earning oer share tface value of~ 10/· each I* 1.68 1.67 0.82 1.55
*Not annualised, except year end Basic and Diluted EPS
Notes:.
1 The unaudited standalone financial results for the quarter ended 30th June, 2021 have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting
held on 03rd August, 2021 in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These results have been prepared in accordance
with the Ind AS notified under the Companies (Indian Accounting Standards) Rules, 2015.
2 The Statutory Auditors have carried out 'Limited Review' of the financial results for the quarter ended 30th June, 2021 .
3 The Company has only one reportable segment viz.'Property Development', disclosure under Ind AS 108 on "Operating Segments" is not applicable.
4 The Company, as at the date approval of these financial results has considered internal and external sources of information, in assessing the possible effects that may result from the
global health pandemic relating to COVID-19 on the carrying amounts of loans; investments, inventories and other assets. As on the date of approval of these financial results, the
Company has concluded that the impact of COVID - 19 is not material based on these estimates and expects to recover the carrying amount of these assets. The impact of the global
health pandemic may be different from that estimated as at the date of approval of these financial results,the Company will continue to monitor any changes to the future economic
conditions.
5 Figures of the previous periods have been regrouped, wherever necessary, to conform to the current quarte(s presentation.

For Simplex Realty Limited

Place: Mumbai,
Dated: 03rd August, 2021
-
Nandan Daman!
Chairman & Managing Director

CrN-Ll 7110MH1912PLC000351
30, Keshavrao Khadye Marg, Sant Gadge Maharaj Chowk, Mahalaxmi (E), Mumbai - 400011
T: +91222308 2951 I F: +912223 072773 I E : [email protected] I W: www.simplex-group.com
 Khandelwal & Mehta LLP
Chartered Accountants
(LLP No.AAE-3742)

Independent Auditor's Report on Quarterly Consolidated Unaudited Financial Results of Simplex Realty Limited
Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

To,
The Board of Directors,
Simplex Realty Limited
Mumbai.

1. We have reviewed the accompanying Statement of Consolidated Unaudited Financial Results of Simplex Realty Limited
("the Parent") and its Associates, (the Parent and its Associates together referred to as "the Group"), for the quarter ended
30 th June, 2021 ("the Statement"), being submitted by the Parent pursuant to the requirement of Regulation 33 of the
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations").

2. This Statement, which is the responsibility of the Parent's Management and approved by the Parent's Board of Directors,
has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting
Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and
other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement
based on our review.

3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410
"Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of
Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons
responsible for financial and accounting matters, and applying analytical and other review procedures. A review is
substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not
enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit.
Accordingly, we do not express an audit opinion.

We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable.

4. The Consolidated Unaudited Financial Results in the Statement includes the results of Simplex Realty Limited ("the
parent") and Simplex Mills Company Limited and Simplex Papers Company Limited ("the Associates").

5. Based on our review conducted above, nothing has come to our attention that causes us to believe that the accompanying
Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian
Accounting Standards ("Ind AS") specified under Section 133 of the Companies Act 2013 as amended, read with relevant
rules issued thereunder and other recognized accounting practices and policies has not disclosed the information
required to be disclosed in terms of the Regulation, read with the Circular, including the manner in which it is to be
disclosed, or that it contains any material misstatement.

6. We did not review financial results of Simplex Mills Company Limited and Simplex Papers Company limited included in
the unaudited Consolidated financial result. The unaudited consolidated results include Group's share of profit after tax
of Rs 0.12 lakhs for the quarter 30.06.2021, as considered in the statement, in respect of the associates, whose interim
financial information have not been reviewed by us. The financial results of these entities has been reviewed by the other
auditors whose reports have been furnished to us by management, and our conclusion in so far as it relates to the

1403 - Sai lndu Tower, Opp. Corpora Mall, LBS Marg, Bhandup West, Mumbai 400078.
• e-mail : [email protected]
Partners: S.L. Khandelwal - 098212 45353 • S.A. Momaya - 098214 32657
GSTIN: 27AAPFK6261N1ZL
 Khandelwal & Mehta LLP
Chartered Accountants

amounts and disclosures included in respect of Simplex Mills Company Limited and Simplex Papers Company Limited,
is based solely on the report of other auditors and the procedures performed by us as stated in paragraph 3 above.

Our conclusion on the Statement is not modified in respect of this matter.

For Khandelwal & Mehta LLP

Chartered Accountants
(Firm Regn.no.W100084)

Sunil Khandelwal
(Partner)
Mem. No. 101388

Place : Mumbai
Date : 3rd August, 2021.
UDIN : 21101388AAAACO2678

Page 2 of 2
 SIN\?LEX
imml REAL TY LTD .
SIMPLEX REALTY LIMITED
30 KESHAVRAO KHADYE MARG SANT GADGE MAHARAJ CHOWK MUMBAI- 400 011
' ' '
UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE, 2021
l tin Lakhs)
Quarter ended Year ended
Sr.No. Particulars 30.06.2021 31.03.2021 30.06.2020 31.03.2021
/Unaudited\ /Audited\ /Unaudited) !Audited)

1 Revenue from operations 19.66 16.55 19.33 415.60

2 Other income 142.48 145.04 112.17 508.55
3 Total revenue (1+2)' 162.14 161.59 131.50 924.15
4 Expenses:
a) Cost of development/sales - (0.22) - 442.14
b) Employee benefits expense 62.72 71.62 66.28 270.19
c) Finance costs 3.30 3.97 6.24 20.63
d) Depreciation 4.02 3.38 2.92 12.35
e) Other expenses 24.94 40.48 26.12 138.03
Total expenses 94.98 119.23 101.56 883.34

5 Profitl(Loss) before share of profil/(loss) of associates, exceptional items and tax (3-4) 67.16 42.36 29.94 40.81

6 Share of profitl(loss) of associates 0.12 5.27 2.06 8.83

7 Profitl(Loss) before exceptional items and tax (5+6) 67.28 47.63 32.00 49.64
8 Exceptional items - - - -
9 Profil/(Loss) before tax (7-8) 67.28 47.63 32.00 49.64
10 Tax expenses :
Current tax 4.44 7.01 6.52 7.01
Deferred tax liability/(asset) 12.34 (14.57) (1.06) (12.72)
Taxes of earlier years 0.02 - 0.02
11 Profil/(Loss) for the period (9-10) 50.50 55.17 26.54 55.33
12 Other Comprehensive lncomel(Expense) - (OCl)-(net of tax)
a) Items that will not be reclassified to profit or loss 17.10 36.24 32.28 54.43
b) Items that may be reclassified to profit or loss 11.01 12.04\ 10.22) 44.23
Other Comprehensive lncomel(Expense) 28.11 34.20 32.06 98.66
13 Total Comprehensive lncomel(Expense) for the period (11+12) 78.61 89.37 58.60 153.99
14 Paid up Equity Share Capital (face value off 10/- each) 299.14 299.14 299.14 299.14
15 Other Equity excluding Revaluation Reserve - - - 10,479.01
16 Basic & Diluted earning cer share /face value on 101- each)* 1.69 1.84 0.89 1.85
*Not annualised, except year end Basic and Diluted EPS
Notes: -
1 The unaudited consolidated financial results for the quarter ended 30th June, 2021 have been reviewed by the Audit Committee and approved by the Board of Directors at
their meeting held on 03rd August, 2021 in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These results have been
prepared in accordance with the Ind AS notified under the Companies (Indian Accounting Standards) Rules, 2015.
2 The Statutory Auditors have carried out 'Limited Review' of the financial results for the quarter ended 30th June, 2021.
3 Standalone information ·
Quarter ended Year ended
Particulars 30.06.2021 31.03.2021 30.06.2020 31.03.2021
!Unaudited! · /Audited\ !Unaudited) (Audited)
Total income (including other income) 162.14 161.59 131.50 924.15
Profitl!loss) before tax 67.16 42.36 29.94 40.81
Profil/(loss) after tax 50.38 49.90 24.48 46.50

4 The Company has only one reportable segment viz.'Property Development", disclosure under Ind AS 108 on "Operating Segments" is not applicable.
5 The Group and its associates, as at the date approval of these financial results have considered internal and external sources of information, in assessing the possible effects
that may result from the global health pandemic relating to COVID-19 on the carrying amounts of loans, investments, receivables, inventories and other assets. As on the date
of approval of these financial results, the Group has concluded that the impact of COVID - 19 is not material based on these estimates and expects to recover the carrying
amount of these assets. The impact of the global health pandemic may be different from that estimated as at the date of approval of these financial results, the Group will
continue to monitor any changes to the future economic conditions. ·
6 Figures of the previous periods have been regrouped, wherever necessary, to conform to the current quarter's presentation.

For Simplex Realty Limited

Place: Mumbai,
Dated: 03rd August, 2021
~ Nandan Damani
Chairman & Managing Director

CIN-Ll 71 lOMHl 912PLC00035 l

30, Keshavrao Khadye Marg, Sant Gadge Maharaj Chowk, Mahalaxmi (E), Mumbai - 400011
T: +91222308 2951 I F: +912223072773 I E: investors@simplex-group .com I W: www.simplex-group.com