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B P Capital Ltd.

BSE: 536965 Sector: Financials
NSE: N.A. ISIN Code: INE947C01010
BSE LIVE 15:14 | 08 Dec 10.93 0.52
(5.00%)
OPEN

10.93

HIGH

10.93

LOW

10.93

NSE LIVE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 10.93
PREVIOUS CLOSE 10.41
VOLUME 25
52-Week high 18.30
52-Week low 8.13
P/E 1093.00
Mkt Cap.(Rs cr) 3.29
Buy Price 10.93
Buy Qty 8475.00
Sell Price 0.00
Sell Qty 0.00
OPEN 10.93
CLOSE 10.41
VOLUME 25
52-Week high 18.30
52-Week low 8.13
P/E 1093.00
Mkt Cap.(Rs cr) 3.29
Buy Price 10.93
Buy Qty 8475.00
Sell Price 0.00
Sell Qty 0.00

B P Capital Ltd. (BPCAPITAL) - Auditors Report

Company auditors report

The Members

B. P. CAPITAL LIMITED

NEW DELHI

Report on the Financial Statements

We have audited the accompanying financial statements of B. P. CAPITAL LIMITEDNew Delhi ( the Company ) which comprise the Balance Sheet as at March 31 2015 and theStatement of Profit and Loss and Cash Flow Statement for the year then ended and a summaryof significant accounting policies and other explanatory information.

Management s Responsibility for the Financial Statements

The Company s Board of Directors is responsible for the matters in section 134(5) ofthe Companies Act 2013 ( the Act ) with respect to the preparation of these financialstatements that give a true and fair view of the financial position and financialperformance and Cash Flow Statement of the Company in accordance with the accountingprinciples generally accepted in India including the Accounting Standards specified underSection 133 of the Act read with Rule 7 of the Companies (Accounts) Rules 2014. Thisresponsibility also includes the maintenance of adequate accounting records in accordancewith the provision of the Act for safeguarding of the assets of the Company and forpreventing and detecting the frauds and other irregularities; selection and application ofappropriate accounting policies; making judgments and estimates that are reasonable andprudent; and design implementation and maintenance of internal financial control thatwere operating effectively for ensuring the accuracy and completeness of the accountingrecords relevant to the preparation and presentation of the financial statements thatgive a true and fair view and are free from material misstatement whether due to fraud orerror.

Auditor s Responsibility

Our responsibility is to express an opinion on these financial statements based on ouraudit.

We have taken into account the provisions of the Act the accounting and auditingstandards and matters which are required to be included in the audit report under theprovisions of the Act and the Rules made thereunder.

We conducted our audit in accordance with the Standards on Auditing specified undersection 143(10) of the Act. Those Standards require that we comply with ethicalrequirements and plan and perform the audit to obtain reasonable assurance about whetherthe financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts anddisclosures in the financial statements. The procedures selected depend on the auditor sjudgment including the assessment of the risks of material misstatement of the financialstatements whether due to fraud or error. In making those risk assessments the auditorconsiders internal financial control relevant to the Company s preparation of thefinancial statements that give true and fair view in order to design audit procedures thatare appropriate in the circumstances. An audit also includes evaluating theappropriateness of accounting policies used and the reasonableness of the accountingestimates made by Company s Directors as well as evaluating the overall presentation ofthe financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate toprovide a basis for our audit opinion on the financial statements.

Opinion

In our opinion and to the best of our information and according to the explanationsgiven to us the aforesaid financial statements give the information required by the Actin the manner so required and give a true and fair view in conformity with the accountingprinciples generally accepted in India:

a) in the case of the Balance Sheet of the state of affairs of the Company as at March31 2015;

b) in the case of the Statement of Profit and Loss of the profit for the year ended onthat date; and

c) in the case of the Cash Flow Statement of the cash flows for the year ended on thatdate.

Report on other Legal and Regulatory Requirements

1. As required by the Companies (Auditor s Report) Order 2015 ( the Order ) Issued bythe Central Government of India in terms of sub-section (11) of section 143 of theCompanies Act2015 we give in the Annexure a statement on the matters specified inparagraphs 3 and 4 of the Order to the extent applicable.

2. As required by section 143(3) of the Act we report that:-

a) We have sought and obtained all the information and explanations which to the bestof our knowledge and belief were necessary for the purposes of our audit.

b) In our opinion proper books of account as required by law have been kept by theCompany so far as appears from our examination of those books.

c) The Company does not have any branch offices which are audited under Section 143(8)of the Act by branch auditors.

d) The Balance Sheet the Statement of Profit and Loss and Cash Flow Statement dealtwith by this report are in agreement with the books of account.

e) In our opinion the aforesaid financial statements comply with the AccountingStandards specified under Section 133 of the Act read with Rule 7 of the Companies(Accounts) Rules 2014.

f) There are no observations or comments on the financial transactions or matters whichmay have any adverse effect on the functioning of the Company.

g) On the basis of written representations received from the directors as on 31 March2015 taken on record by the Board of Directors none of the directors is disqualified ason 31 March 2015 from being appointed as a director in terms of Section 164(2) of theAct.

h) With respect to the other matters included in the Auditor s Report and to the bestof our information and according to the explanations given to us :

i) As per information furnished to us the Company does not have any pendinglitigations which would impact its financial position.

ii) As per information furnished to us the Company does not have any long-termcontracts including derivatives contracts for which there were any material foreseeablelosses.

iii). There were no amounts which required to be transferred to the Investor Educationand Protection Fund by the Company.

For M/s. RMA & Associates
Chartered Accountants
Firm Regn. No. 000978N
Sd/-
Place: New Delhi Pankaj Chander
Dated : 29th May 2015 Partner
M. No. 89065

ANNEXURE TO THE AUDITORS' REPORT

Annexure to the Auditors Report of the B. P. CAPITAL LIMITED

(In respect of matters specified in paragraphs 3 & 4 of Companies (Auditor sReport) Order 2015)

On the basis of such checks as we considered appropriate and in terms of theinformation and explanations given to us we further state as under:

1. (a) The company has maintained proper records showing full particulars includingquantitative details and situation of the fixed assets.

(b) All the assets have not been physically verified by the management during the yearbut there is a regular programme of verification which in our opinion is reasonablehaving regard to the size of the company and the nature of its assets. No materialdiscrepancies were noticed on such verification.

(c) During the year the company has not disposed off any of the fixed assets.

2. (a) The company is not dealing in any goods therefore there is no inventory.

(b) As already stated since the company is not dealing any goods there is no questionof procedure of physical verification of stock.

(c) As already mentioned the company is not dealing any goods and therefore there isno question of proper records of inventory.

3. (a) The company has not granted any loans secured or unsecured to the companiesfirms or other parties covered in the register U/s. 189 of the Companies Act 2013.

(b) As the company has not granted any loans the question of repayment does not arise.

4. In our opinion and according to the information and explanations given to us thereare adequate internal control system commensurate with the size of the company and thenature of its business for purchase of inventory and fixed assets and for the sale ofgoods and services. During the course of our audit we have not observed any continuingfailure to correct major weakness in internal controls.

5. The Company has not accepted any deposits from the public. Therefore the directiveissued by the Reserve Bank of India and the provision of section 73 to 76 or any otherrelevant provisions of the Companies Act 2013 and the rules framed there under does notarise.

6. Maintenance of cost records has not been prescribed by the Central Government U/s.148(1) of the Companies Act 2013.

7. (a) As per information and record produced before us the company is regular indepositing undisputed statutory dues within in the prescribed time to the appropriateauthorities.

(b) According to the information and explanation given to us no undisputed amountspayable on account of income tax wealth tax service tax sales tax custom duty exciseduty and education cess as at 31.03.2015 for a period of more than six months from thedate they become payable.

(c) In our Opinion there is no amount required to be transferred to investor educationand protection fund in accordance with the relevant provisions of the companies Act 1956(1of 1956) and rules made there under has been transferred to such fund within time

8. The accumulated losses if any of the company as at the end of the financial yearare less than 50% of its net worth.

9. According to the information and explanations given to us the company has not takenany loan from any financial institution or bank. Therefore question of repayment of duesdoes not arise.

10. As per information furnished to us the company has not given any guarantee forloans taken by others from bank or financial institution.

11. The company has not raised any term loan during the period.

12. According to the information and explanation given to us no fraud on or by thecompany has been noticed or reported during the course of our audit.

For M/s. RMA & Associates
Chartered Accountants
Firm Regn. No. 000978N
Sd/-
Place: New Delhi Pankaj Chander
Dated : 29th May 2015 Partner
M. No. 89065

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