BHARAT SHAH & ASSOGIATES

CHARTERED AGGOUNTANT
Bunder' Mumbai - 400 009'
512,Yyapar Bhavan, 49, P D'Mell^o-Road, Carnac (022123481027
Phone- :'(oiz1 :2318 3536 o Tetefax :
E-mail : bharatshahZ3@gmail'com

Financial Results of
rndependent Auditor,s Report on the Quarterly and Year to Date Standalone
and Disclosure
the company pursuant to the Regulation 33 of the SEBI (r,isting obligations
Requirements) Regulations, 2015, as amended

To
The Board of Directors of JPT SECURITIES LIMITED

Report on the audit of the standalone Financial Results

Opinion
results of JPT Securities l'imited
We have audited the accompanying statement of standalone financial
year ended 3lst March , 2020 ("the Statement"), attached herewith'
i;.the Company,,) for the quarter and
33 of the SEBI (Listing
being sdbmittecl by the company pursuant to the requirement of Regulation
("Listing Regulations")'
obligations and Disclosure Requirements) Regulations, 2015, as amended

given to us these
In our opinion and to the best of our information and according to the explanations
financial results:

i. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations
in this regard; and
principles laid
ii. give a true and fair view in conformity with the recognition and measurement
principles generally
down in the applicable Indian Accounting Standards and other accounting
accepted in India of the net profit/loss and other comprehensive
income and other financial
information for the quarter and year ended 3 l st March ,2020,

Basis of Opinion
(SAs) specified under section
We conducteci our audit in accordance with the Standards on Auditing
those Standards are further
143(10) of the companies Act, 2013 (the Act). our responsibilities under
Financial Results section of
described in the Auditor,s Responsibilities for the Audit of the Standalone
our report. we are independent of the company in accordance with the
code of Ethics issued by the
tl-rat are relevant to our
Institute of Chartered Accountants of India togetl,er with the ethical requirements
and the Rules
a'dit of the standalone financial results under the provisions of the Companies Act, 2013
thereunder, and we have fulf,rlled our other ethical responsibilities
in accordance with these requiremenls
and the code of Ethics. we believe that the audit evidence we
have obtained is sufficient and appropriate
to provide a basis for our oPinion.

Emphasis of Matter
the marragement's evaluation of
We draw attention to Note 7 of the standalone annual financial results, as regards
the future performance of the Company. Our gpiniorr is not rnodified in respect
of this
covlD-19 i
matter.

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Ai ''_rr',rB,,ql l4
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 BHARAT SHAH & ASSOGIATES
GHARTERED ACGOUNTANT
512,Yyapar Bhavan , 49, P: D'Mello Road, Garnac Bunder, Mumbai - 400 009.
Phones = (O221 . 2348 3536 o Telefax : (O22) 2348 1027
E-mail : [email protected]

Management's Responsibilities for the Standalone Financial Results

These standalone financial results have been prepared on the basis of standalone annual financial
statements. The Company's Board of Directors are responsible for the preparation and presentation of
these standalone financial results that give a true and fair view of the net profit and other comprehensive
income and other financial information in accordance with the recognition and measurement principles
laid down in Indian Accounting Standard prescribed under Section 133 of the Act read with relevant rules
issued thereunder and other accounting principles generally accepted in India and in compliance with
Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate
accounting records in accordance with the provisions of the Act for safeguarding of the assets of the
Company and for preventing and detecting frauds and other irregularities; selection and application of
appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and
desigl, implementation and maintenance of adequate internal financial controls that were operating
effectively for ensuring the accuracy and completeness of the accounting records, relevant to the
preparation and presentation of the standalone financial results that give a true and fair view and are free
from material misstatement, whether due to fraud or error. In preparing the standalone financial results,
the Board of Directors are responsible for assessing the Company's ability to continue as a going
concern, disclosing, as applicable, matters related to going concern and using the going concern basis of
accounting unless the Board of Directors either intends to liquidate the Company or to cease operations,
or has no realistic alternative but to do so. The Board of Directors are also responsible for overseeing 1he
Company' s financial reporting process.

Auditor's Responsibilities for the Audit of the Standalone Financial Results

Our objectives are to obtain reasonable assurance about whether the standalone financial results as a
whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report
that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an
audit conducted in accordance with SAs will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if, individually or in the
aggregate, they could reasonably be expected to influence the economic decisions of users taken on the
basis of these standalone financial results. As part of an audit in accordance with SAs, we exercise
professional judgment and maintain professional skepticism throughout the audit. We also:
o Identify and assess the risks of material misstatement of the standalone financial results, whether due
to fraud or elror, design and perform audit procedures responsive to those risks, and obtain audit
. evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting
a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may
involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal
control.
. Obtain an understanding of internal control relevant to the audit in order to design audit procedures
that are appropriate in the circumstances. Under Section 143(3) of the Act, we are also responsible fbr
gur opinion through a separate report on the cornplote set of standalone financial statement
 BHARAT SHAH & ASSOGIATES
GHARTERED AGCOUNTANT
512, Vyapar Bhavan , 49, P. D'Mello Road, Carnac Bunder, Mumbai - 400 009.
Phones = (O221 = 2348 3536 o Telefax = (0221 2348 1027
E-mail : [email protected]

on whether the Company has adequate internal financial controls with reference to standalone
financial statements in place and the operative effectiveness of such controls.
. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting
estimates and related disclosures made by the Board of Directors'
o Conclude on the appropriateness of the Board of Directors' use of the going concern basis of
accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to
events or conditions that may cast significant doubt on the Company's ability to continue as a going
concern. If we conclude that a material uricertainty exists, we are required to draw attention in our
auditor's report to the related disclosures in the standalone financial results or, if such disclosures are
inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the
date of our auditor's report. However, future events or conditions may cause the Company to cease to
continue as a going concem.
o Evalirate the overall presentation, structure and content of the standalone financial results, including
the disclosures, and whether the standalone financial results represent the underlying transactions and
events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope
and timilg of the audit and significant audit hndings, including any significant deficiencies in internal
control that we identify during our audit.

We also provide those charged with govemance with a statement that we have complied with relevant
ethical requirements regarding independence, and to communicate with them all relationships and other
matters that may reasonably be thought to bear on our independence, and where applicable, related
safeguards.
Other Matters
The financial results include the results for the quarter ended 31st March ,2020 being the balancing figure
betweenthe audited figures in respect of the full financialyear and the published unaudited year to date
figures up to the third quarter of the cllrrent financial year which were subiect to limited review by us.

For BHARAT SHAH & ASSOCIATES'

Chartered Accountants

(BHARAT A. SHAH)
PROPRIETOR

Date:08/0712020
 BHARAT SHAH & ASSOCIATES
GHARTERED ACCOUNTANT
512,Yyapar Bhavan,49, P. D'Mello Road, carnac Bunder, Mumbai - 4oo oog.
Phones = (O22) : 2348 3536 o Tetefax : (0221 Z34g 1O2Z
E-mail : [email protected]

Independent Auditor's Report on the Quarterly and Year to Date Consolidated Financial Results
of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended

To
The Board of Directors of JPT SECURITIES LIMITED

Report on the audit of the Consolidated Financial Results

Opinion
We have audited the accompanying statement of consolidated financial results of JPT Securities
Limited (hereinafter referred to as" the Holding Company") and its associate JPT Share Services
Private Limited for the quarter and year ended 3 I st March, 2020 ("the Statement"), attached herewith,
being submitted by the company pursuant to the requirement of Regulation 33 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations,20l5, as amended ("Listing Regulations").

In our opinion and to the best of our information and according to the explanations given to us tlrese
flnancial results:

i. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations
in this regard; and
ii. give a true and fair view in conformity with the recognition and measurement principles laid
down in the applicable Indian Accounting Standards and other accounting principles generally
accepted in India of the net profit/loss other comprehensive income and other financial
information for the quarter and year ended 3 I st March ,2020,

Basis of Opinion
We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section
143(10) of the Companies Act, 2013 (the Act). Our responsibilities under those Standards are further
described inthe Auditor's Responsibilities forthe Audit of the Consolidated Financial Results section of
our report. We are independent of the Company in accordance with the Code of Ethics issued by the
Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our
audit of the consolidated financial results under the provisions of the Companies Act,2013 and thc Rules
thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements
and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate
to provide a basis for our opinion.

[mphasis of Matter
We draw attention to Note 7 of the consolidated annual financial results, as regards the managerrent's evaluatiorr
of COVID-I9 i on the future performance of the Company. Our opinion is not modified in respect of this
matter.

nl i tiv18l I

A'#t
 BHARAT SHAH & ASSO IATES
GHARTERED ACCOUNTANT
512, Yyapar Bhavan , 49, p- D'Melto Road, Carnac Bunder, Mumbai - 4OO OO9.
Phones : (O22) :2348 3536 o Tetefax : (O22123 1027
E-mail : [email protected]

Management's Responsibilities for the Consolidated Financial Results

These consolidated financial results have been prepared on the basis of consoli annual financial
statements. The Holding Company's Board of Directors are responsible for the preparation and
presentation of these consolidated financial results that give a true and fair view of the net profit and
other comprehensive income and other financial information in accordance wit the recognition and
measurement principles laid down in Indian Accounting Standard prescribed Section 133 of the
Act read with relevant rules issued thereunder and other accounting principles ly accepted in India
and in compliance with Regulation 33 of the Listing Regulations. This res ibility also includes
maintenance of adequate accounting records in accordance with the provi ns of the Act lbr
safeguarding of the assets of the Company and for preventing and detecti s lrauds and other
irregularities; selection and application of appropriate accounting policies; ing judgments and
estimates that are reasonable and prudent; and design, implementation and mai tenance of adequate
internal financial controls that were operating effectively for ensuring the accurac and cornpleteness of
the accounting records, relevant to the preparation and presentation of the consoli financial results
that give a true and fair view and are free from material misstatement, whether du to fraud or error. In
preparing the consolidated financial results, the respective Board of Directors the Conipanies arc
responsible for assessing the Company's ability to continue as a going concern, di losing, as applicable.
matters related to going concern and using the going concem basis of accounti unless the Board of
Directors either intends to liquidate the Company or to cease operations, or has no istic alternative but
to do so. The Board of Directors are also responsible for overseeing the Co 's financial reporting
process.

Auditor's Responsibilities for the Audit of the Consolidated Financial Results

Our objectives are to obtain reasonable assurance about whether the consolidated financial results as a
whole are free from material misstatement, whether due to fraud or error. and to i an auditor's report
that includes our opinion. Reasonable assurance is a high level of assurance but is a guarantee that an
audit conducted in accordance with SAs will always detect a material misstat ent rvhen it exists.
Misstatements can arise from fraud or error and are considered material if, i ividually or in 1he
aggregate, they could reasonably be expected to influence the economic decisions f users taken on the
basis of these consolidated financial results. As part of an audit in accordance ith SAs, we exercise
professional judgment and maintain professional skepticism throughout the audit. also:
. Identify and assess the risks of material misstatement of the consolidated fi ial results, whether
due to fraud or error, design and perform audit procedures responsive to those sks, and obtain audit
evidence that is sufficient and appropriate to provide a basis for our opinion. T risk of not detecting
a material misstatement resulting from fraud is hieher than fbr one resultins f error. as fraud mav
involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal
control.
o Obtain an understandine of internal control relevant to the audit in order to ign audit procedures
appropriate in the circumstances. Under Section 143(3) of the Act, we also responsible l'or
our opinion through a separate report on the comolete set of solidated financial
 BHARAT SHAH &ASSqCIATES
GHARTERED ACCOUNTANi
512,vyapar Bhavan,49, p. D'Meilo Road, carnac Bunderi
phones : (o22) : 2348 3536 o relerax:. (oizy Mumbai - 4oo oo9.
ziae rcii
E-mail : [email protected]

statement on whether the company has adequate

internal financial contrpls with reference to
consolidated financial statements in place and the
operative effectiveness of such controls.
o Evaluate the appropriateness of accounting policies
used and the reasonahleness of accounting
estimates and related disclosures made by the Board
of Directors.
o conclude on the appropriateness of the Board of
Directors' use of the gqing concern basis of
accounting and, based on the audit evidence obtained,
whether a material uncertainty exists related to
events or conditions that may c
doubt on the company's ability to continue as a going
concern' If we conclude that a rtainty exists, we are required to draw attention in our
auditor's report to the related d he consolidated financial results or, if such disclosures
are inadequate, to modify our opinion. our conclusions
are based on the audit evidence obtained up to
the date of our auditor's report. However, future events
or conditions may cause the company to
cease to continue as a going concern.
o Evaluate the overall presentation, structure and content
of the consolidated financial results, including
the disclosures, and whether the consolidated financial
results represent the underlying transactions
and events in a manner that achieves fair presentation.

we communicate with those charged with governance of the Holding

company regarding, among other
matters' the planned scope and timing of the audit and significant
audit findings, includin g any significant
deficiencies in internal control that we identify during
our audit.
We also provide those charged with govemance with
a statement that we have complied with relevant
ethical requirements regarding independence, and to
communicate with them all relationships and other
matters that may reasonably be thought to bear on
our independence, and where applicable, related
safeguards.

Other Matters
The financial results include the results for the quarter
ended 3l st March ,2020 being the balancing figure
between the audited figures in respect of the full financial
year and the published unaudited year to clate
figures up to the third quarter of the current financial year
which were subject to limited review bv us,

For BHARAT SHAH & ASSOCIATES.

Chartered Accountants
(Firm Reg. No:

(BHARAT A. SHAH)
PROPRIETOR

Date: 08/0712020