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Godfrey Phillips India Ltd.

BSE: 500163 Sector: Consumer
NSE: GODFRYPHLP ISIN Code: INE260B01028
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VOLUME 359
52-Week high 1409.85
52-Week low 831.85
P/E 13.44
Mkt Cap.(Rs cr) 5,643
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 1079.00
CLOSE 1092.00
VOLUME 359
52-Week high 1409.85
52-Week low 831.85
P/E 13.44
Mkt Cap.(Rs cr) 5,643
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Godfrey Phillips India Ltd. (GODFRYPHLP) - Auditors Report

Company auditors report

To the members of Godfrey Phillips India Limited

Report on the Audit of the Standalone Ind AS Financial Statements Opinion

We have audited the accompanying standalone Ind AS financial statements of GodfreyPhillips India Limited (“the Company”) which comprise the Balance sheet asat March 31 2021 the Statement of Profit and Loss including the statement of OtherComprehensive Income the Cash Flow Statement and the Statement of Changes in Equity forthe year then ended and notes to the standalone Ind AS financial statements including asummary of significant accounting policies and other explanatory information.

In our opinion and to the best of our information and according to the explanationsgiven to us the aforesaid standalone Ind AS financial statements give the informationrequired by the Companies Act 2013 as amended (“the Act”) in the manner sorequired and give a true and fair view in conformity with the accounting principlesgenerally accepted in India of the state of affairs of the Company as at March 31 2021its profit including other comprehensive loss its cash flows and the changes in equityfor the year ended on that date.

Basis for Opinion

We conducted our audit of the standalone Ind AS financial statements in accordance withthe Standards on Auditing (SAs) as specified under section 143(10) of the Act. Ourresponsibilities under those Standards are further described in the ‘Auditor'sResponsibilities for the Audit of the Standalone Ind AS Financial Statements' section ofour 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 ethicalrequirements that are relevant to our audit of the financial statements under theprovisions of the Act and the Rules thereunder and we have fulfilled our other ethicalresponsibilities in accordance with these requirements and the Code of Ethics. We believethat the audit evidence we have obtained is sufficient and appropriate to provide a basisfor our audit opinion on the standalone Ind AS financial statements.

Key Audit Matters

Key audit matters are those matters that in our professional judgment were of mostsignificance in our audit of the standalone Ind AS financial statements for the financialyear ended March 31 2021. These matters were addressed in the context of our audit of thestandalone Ind AS financial statements as a whole and in forming our opinion thereon andwe do not provide a separate opinion on these matters. For each matter below ourdescription of how our audit addressed the matter is provided in that context.

We have determined the matters described below to be the key audit matters to becommunicated in our report. We have fulfilled the responsibilities described in theAuditor's responsibilities for the audit of the standalone Ind AS financial statementssection of our report including in relation to these matters.

Accordingly our audit included the performance of procedures designed to respond toour assessment of the risks of material misstatement of the standalone Ind AS financialstatements. The results of our audit procedures including the procedures performed toaddress the matters below provide the basis for our audit opinion on the accompanyingstandalone Ind AS financial statements.

Key audit matters How our audit addressed the key audit matter
Recoverability of carrying value of net assets relating to retail and chewing business (as described in notes 5 (d) (i) and 5 (d) (ii) of the standalone Ind AS financial statements) Procedures included the following:
As at March 31 2021 the carrying value of net assets relating to retail and chewing business was Rs. 6804.39 lakhs and Rs. 5429.76 lakhs respectively. -Obtained and assessed management analysis of internal and external factors impacting the Company's CGUs relating to retail and chewing business as per Ind AS 36.
Recoverability of carrying value of assets relating to retail and chewing business have been identified as a key audit matter due to: -Obtained the valuation report of management appointed experts and critically evaluated the key determine the recoverable amount with support from valuation specialists.
- The significance of the carrying value of the assumptions and valuation methodologies used to underlying assets being assessed. -Assessed the independence competence and objectivity of the management appointed experts used for determining the recoverable amount.
- Continuing losses being incurred in the retail and chewing business. -Compared the recoverable amount of the assets relating to retail and chewing business to the carrying value in books.
- The assessment of the recoverable amount of the Company's Cash Generating Units (CGUs) involves significant judgements and estimates. -Assessed the disclosures made in the financial statements by the Company in this regard. Procedures included the following:
The key judgements and estimates include identification of indicators of impairment and future projections relating to the aforesaid CGUs.
Revenue recognition (as described in notes 4.1.1 and 26 of the standalone Ind AS financial statements)
For the year ended March 31 2021 the Company has recognized revenue from operations of Rs. 292574.19 lakhs. -Read and assessed the Company's revenue recognition accounting policies in accordance with the requirements of Ind AS 115.
Revenue recognition has been recognized as a key audit matter as the Company focuses on revenue as a key performance measure which could create an incentive for revenue to be recognised before the control is transferred. This give rise to the risk that revenue is not recognized in the correct period. - Performed walkthroughs and test of controls assisted by our IT specialists of the revenue recognition processes and assessed the design and operating effectiveness of key controls.
- Selected a sample of revenue transactions occurred close to the balance sheet date and immediately after the balance sheet date to evaluate whether revenue was recognised in the correct period by agreeing the date of revenue recognition to third party supports such as bill of lading lorry receipts etc.
Related party transactions (as described in note 45 of the standalone Ind AS financial statements) Procedures included the following:
The Company has undertaken transactions with its related parties. These include sale of goods to related parties purchase of goods and services from related parties. -Obtained and read the Company's policies processes and procedures in respect of identifying related parties obtaining approval recording and disclosure of related party transactions.
We identifiedrelated party transactions as a key audit matter due to significance of related party transactions regulatory compliances and risk of such transactions remaining undisclosed in the financial statements. - Read minutes of shareholder meetings board meetings and audit committee meetings regarding Company's assessment of related party transactions being in the ordinary course of business at arm's length.
- Tested on a sample basis related party transactions with the underlying contracts confirmations and other supporting documents.
- Agreed the related party information disclosed in the financial statements with the underlying supporting documents on a sample basis.

Information Other than the Financial Statements and Auditor's Report Thereon

The Company's Board of Directors are responsible for the other information. The otherinformation comprises the information included in the Annual report but does not includethe Ind AS financial statements and our auditor's report thereon. Our opinion on the IndAS financial statements does not cover the other information and we do not express anyform of assurance conclusion thereon. In connection with our audit of the Ind AS financialstatements our responsibility is to read the other information and in doing so considerwhether such other information is materially inconsistent with the financial statements orour knowledge obtained in the audit or otherwise appears to be materially misstated.

If based on the work we have performed we conclude that there is a materialmisstatement of this other information we are required to report that fact. We havenothing to report in this regard.

Responsibilities of Management and Those Charged with Governance for the Standalone IndAS Financial Statements

The Company's Board of Directors is responsible for the matters stated in section134(5) of the Act with respect to the preparation of these standalone Ind AS financialstatements that give a true and fair view of the financial position financial performanceincluding other comprehensive loss cash flows and changes in equity of the Company inaccordance with the accounting principles generally accepted in India including theIndian Accounting Standards (Ind AS) specified under section 133 of the Act read with theCompanies (Indian Accounting Standards) Rules 2015 as amended. This responsibility alsoincludes maintenance of adequate accounting records in accordance with the provisions ofthe Act for safeguarding of the assets of the Company and for preventing and detectingfrauds and other irregularities; selection and application of appropriate accountingpolicies; making judgments and estimates that are reasonable and prudent; and the designimplementation and maintenance of adequate internal financial controls that wereoperating effectively for ensuring the accuracy and completeness of the accountingrecords relevant to the preparation and presentation of the standalone Ind AS financialstatements that give a true and fair view and are free from material misstatement whetherdue to fraud or error.

In preparing the standalone Ind AS financial statements management is responsible forassessing the

Company's ability to continue as a going concern disclosing as applicable mattersrelated to going concern and using the going concern basis of accounting unless managementeither intends to liquidate the Company or to cease operations or has no realisticalternative but to do so.

Those charged with governance are also responsible for overseeing the Company'sfinancial reporting process.

Auditor's Responsibilities for the Audit of the Standalone Ind AS Financial Statements

Our objectives are to obtain reasonable assurance about whether the standalone Ind ASfinancial statements as a whole are free from material misstatement whether due to fraudor error and to issue an auditor's report that includes our opinion. Reasonable assuranceis a high level of assurance but is not a guarantee that an audit conducted in accordancewith SAs will always detect a material misstatement when it exists.

Misstatements can arise from fraud or error and are considered material ifindividually or in the aggregate they could reasonably be expected to influence theeconomic decisions of users taken on the basis of these standalone Ind AS financialstatements.

As part of an audit in accordance with SAs we exercise professional judgment andmaintain professional skepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the standalone Ind ASfinancial statements whether due to fraud or error design and perform audit proceduresresponsive to those risks and obtain audit evidence that is sufficient and appropriate toprovide a basis for our opinion. The risk of not detecting a material misstatementresulting from fraud is higher than for one resulting from error as fraud may involvecollusion forgery intentional omissions misrepresentations or the override of internalcontrol.

• Obtain an understanding of internal control relevant to the audit in order todesign audit procedures that are appropriate in the circumstances. Under section 143(3)(i)of the Act we are also responsible for expressing our opinion on whether the Company hasadequate internal financial controls with reference to financial statements in place andthe operating effectiveness of such controls.

• Evaluate the appropriateness of accounting policies used and the reasonablenessof accounting estimates and related disclosures made by management.

Conclude on the appropriateness of management's use of the going concern basis ofaccounting and based on the audit evidence obtained whether a material uncertaintyexists related to events or conditions that may cast significant doubt on the Company'sability to continue as a going concern. If we conclude that a material uncertainty existswe are required to draw attention in our auditor's report financ or if suchdisclosures are inadequate to modify totherelateddisclosures the our opinion. Ourconclusions are based on the audit evidence obtained up to the date of our auditor'sreport. However future events or conditions may cause the Company to cease to continue asa going concern.

Evaluate the overall presentation structure and content of the standalone Ind ASfinancial statements including the disclosures and whether the standalone Ind ASfinancial statements represent the underlying transactions and events in a manner thatachieves fair presentation.

We communicate with those charged with governance regarding among other matters theplanned scope and timing of the audit and significant audit findings including anysignificant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have compliedwith relevant ethical requirements regarding independence and to communicate with themall relationships and other matters that may reasonably be thought to bear on ourindependence and where applicable related safeguards.

From the matters communicated with those charged with governance we determine thosematters that were of most significancein the audit of the standalone Ind AS financialstatements for the financial year ended March 31 2021 and are therefore the key auditmatters. We describe these matters in our auditor's report unless law or regulationprecludes public disclosure about the matter or when in extremely rare circumstances wedetermine that a matter should not be communicated in our report because the adverseconsequences of doing so would reasonably be expected to outweigh the public interestbenefits of such communication.

Report on Other Legal and Regulatory Requirements

1. As required by the Companies (Auditor's Report) Order 2016 (“the Order”)issued by the Central Government of India in terms of sub-section (11) of section 143 ofthe Act we give in the “Annexure 1” a statement on the matters specified inparagraphs 3 and

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 it appears from our examination of those books; (c) The Balance Sheetthe Statement of Profit and Loss including the Statement of Other Comprehensive Incomethe Cash Flow Statement and Statement of Changes in Equity dealt with by this Report arein agreement with the books of account;

(d) In our opinion the aforesaid standalone Ind AS financial statements comply withthe Accounting Standards specified under Section 133 of the Act read with Companies(Indian Accounting Standards) Rules 2015 as amended;

(e) On the basis of the written representations received from the directors as on March31 2021 taken on record by the Board of Directors none of the directors is disqualifiedas on March 31 2021 from being appointed as a director in terms of Section 164 (2) of theAct; (f) With respect to the adequacy of the internal financial controls with reference tothese standalone Ind AS financial statements and the operating effectiveness of suchcontrols refer to our separate Report in “Annexure 2” to this report; (g) Inour opinion the managerial remuneration for the year ended March 31 2021 has been paid /provided by the Company to its directors in accordance with the provisions of section 197read with

Schedule V to the Act;

(h) With respect to the other matters to be included in the Auditor's Report inaccordance with Rule 11 of the Companies (Audit and Auditors) Rules 2014 as amended inour opinion and to the best of our information and according to the explanations given tous: i. The Company has disclosed the impact of pending litigations on its financialposition in its standalone Ind AS financial statements Refer Note 37 to the standalone IndAS financial statements; ii. The Company did not have any long-term contracts includingderivative contracts for which there were any material foreseeable losses; iii. There hasbeen no delay in transferring amounts required to be transferred to the InvestorEducation and Protection Fund by the Company.

For S.R. Batliboi & Co. LLP

Chartered Accountants ICAI Firm Registration Number: 301003E/E300005

per Atul Seksaria
Partner
Membership Number: 086370
UDIN: 21086370AAAABL9890
Place: Faridabad
Date: June 25 2021

Re: Godfrey Phillips India Limited (the ‘Company')

(i) (a) The Company has maintained proper records showing full particulars includingquantitative details and situation of property plant and equipment.

(b) All property plant and equipment were physically verified by the management infinancial year 2018-19 in accordance with a planned programme of verifying them once inthree years which in our opinion is reasonable having regard to the size of the Companyand the nature of its assets. No material discrepancies were noticed on such verification.

(c) According to the information and explanations given by the management the titledeeds of immovable properties included in property plant and equipment are held in thename of the Company.

(ii) The inventory has been physically verified by the management during the year. Inour opinion the frequency of verification is reasonable. No material discrepancies werenoticed on such physical verification. Inventories lying with third parties have beenconfirmed by them as at March 31 2021 and no material discrepancies were noticed inrespect of such confirmations.

(iii)According to the information and explanations given to us the Company has notgranted any loans secured or unsecured to companies firms Limited LiabilityPartnerships or other parties covered in the register maintained under section 189 of theAct. Accordingly the provisions of clause 3(iii)(a) (b) and (c) of the Order are notapplicable to the Company and hence not commented upon. (iv) In our opinion and accordingto the information and explanations given to us provision of section 186 of the CompaniesAct 2013 in respect of investments and guarantees made have been complied with by theCompany. In our opinion and according to the information and explanations given to usthere are no loans and securities granted in respect of which provisions of section 185and 186 of the Companies Act 2013 are applicable and hence not commented upon.

(v) The Company has not accepted any deposits within the meaning of Sections 73 to 76of the Act and the Companies (Acceptance of Deposits) Rules 2014 (as amended).Accordingly the provisions of clause 3(v) of the Order are not applicable and hence notcommented upon.

(vi) To the best of our knowledge and as explained the Central Government has notspecified the maintenance of cost records under Section 148(1) of the Companies Act 2013for the products of the Company. Therefore in our opinion the provisions of clause 3(vi)of the Order are not applicable to the Company and hence not commented upon.

(vii) (a) The Company is generally regular in depositing with appropriate authoritiesundisputed statutory dues including provident fund employees' state insuranceincome-tax duty of custom duty of excise goods and service tax cess and otherstatutory dues applicable to it. (b) According to the information and explanations givento us no undisputed amounts payable in respect of provident fund employees stateinsurance income-tax duty of custom duty of excise goods and service tax cess andother material statutory dues were outstanding at the year end for a period of more thansix months from the date they became payable.

(c) According to the records of the Company the dues of income tax excise duty goodsand service tax sales tax value added tax and service tax which have not been depositedon account of any dispute and where the Company is in appeal are as follows:

Nature of

Nature of

Amount

Amount

FY to which

Forum where dispute is
Statute

Dues

(In Rs.

deposited

it relates

pending
Lakhs)

(In Rs. lakhs)

Central Sales

Sales Tax

37.72

18.86

2006-07

Sales Tax Tribunal
Tax 1956
Central Sales

Sales Tax

0.28

-

2015-16

Upto Commissioner
Tax 1956 (Appeals) level
Madhya

VAT

2.13

0.23

2014-15

Sales Tax Tribunal
Pradesh VAT

VAT

21.50

6.06

2012-13

Upto Commissioner
Act2002 (Appeals) level
Goa VAT

VAT

0.99

-

2009-10

Upto Commissioner
Act2005 (Appeals) level
Rajasthan VAT

VAT

205.05

64.53

2008-09 to

High Court
Act2003

2013-14

VAT

45.80

-

2008-09 to

Upto Commissioner

2013-14

(Appeals) level
CGST ACT

GST

10.80

10.80

2018-19

Appellate Authority GST
2017 Jaipur

GST

1145.82

-

2017-18

Upto Commissioner
(Appeals) level
Uttar Pradesh

VAT

68.65

68.65

2007-08

High Court
(UP) VAT

VAT

250.32

136.96

2012-13

Sales Tax Tribunal
Act2008

and 2015-16

VAT

292.22

116.89

2014-15

Upto Commissioner

and 2015-16

(Appeals) level
Central Excise

Excise

918.08

244.09

2007-08 to

High Court
Act1944

Duty

2011-12

Excise

1265.11

123.63

2008-09 to

Customs Excise and Service

Duty

2016-17

tax Appellate Tribunal

Excise

77.67

71.42

2010-11

Upto Commissioner

Duty

2014-15

(Appeals) level

2016-17 to

2019-20

Income Tax Income

232.73

232.73

1979 - 80 to

High Court

Act1961 Tax

1982 - 83

1995 - 96

1997 - 98

14.55

14.55

2009-10

Income tax Appellate

Tribunal

598.24

410.06

2012-13 to

Commissioner of Income

2015-16

Tax (Appeals)

195.16

179.45

1999-2000

Matters referred back to

2005-06 to

Assessing officer

2008-09

2010-11

Further as per information available with the Company the concerned authority is inappeal against favourable orders received by the Company in respect of the followingmatters:

Nature of Statute Nature of

Amount (In FY to which it

Forum where dispute
Dues Rs. Lakhs) relates is pending
Income Tax Act1961 Income Tax 209.36 19691974 to 1977; High Court
1991-92 and 1992-93
Central Sales Tax 1956 Sales tax 10.40 2007-08 High Court
Central Excise Act1944 Excise Duty 14008.13 2002-03 to 2007-08 Customs Excise and
2009-10 2010-11 Service Tax Appellate
2012-13 & 2015-16 Tribunal

There are no dues of custom duty and cess which have not been deposited on account ofany dispute.

(viii) In our opinion and according to the information and explanations given by themanagement the Company has not defaulted in repayment of loans or borrowing due towardsbank. The Company did not have any dues in respect of a financial institution or debentureholders or any dues in the nature of loan towards Government.

(ix) In our opinion and according to the information and explanations given by themanagement the Company has utilized the monies raised by way of term loans for thepurposes for which they were raised. (x) Based upon the audit procedures performed for thepurpose of reporting the true and fair view of the financial statements and according tothe information and explanations given by the management we report that no fraud by theCompany or no material fraud on the Company by the officers and employees of the Companyhas been noticed or reported during the year.

(xi) A ccording to the information and explanations given by the management themanagerial remuneration has been paid/ provided in accordance with the requisite approvalsmandated by the provisions of section 197 read with Schedule V to the Companies Act 2013.

(xii) In our opinion the Company is not a nidhi company. Therefore the provisions ofclause 3(xii) of the Order are not applicable to the Company and hence not commented upon.

(xiii)According to the information and explanations given by the managementtransactions with the related parties are in compliance with section 177 and 188 ofCompanies Act 2013 where applicable and the details have been disclosed in the notes tothe financial statements as required by the applicable accounting standards.

(xiv) According to the information and explanations given to us and on an overallexamination of the balance sheet the Company has not made any preferential allotment orprivate placement of share or fully or partly convertible debentures during the year underreview and hence reporting requirements under clause 3(xiv) of the Order are notapplicable to the Company and not commented upon. (xv) According to the information andexplanations given by the management the Company has not entered into any non-cashtransactions with directors or persons connected with him as referred to in section 192 ofthe Companies Act 2013.

(xvi) According to the information and explanations given to us the provisions ofsection 45-IA of the Reserve Bank of India Act 1934 are not applicable to the Company.

Annexure 2 referred to in paragraph 2(f) under the heading

“Report on other legal and regulatory requirements” of our report of evendate on the standalone Ind AS financial statements of Godfrey Phillips India Limited

Report on the Internal Financial Controls under Clause (i) of Sub-section 3 of Section143 of the Companies Act 2013 (“the Act”) We have audited the internalfinancial controls over financial reporting of Godfrey Phillips India Limited (“theCompany”) as of March 31 2021 in conjunction with our audit of the standalone Ind ASfinancial statements of the Company for the year ended on that date.

Management's Responsibility for Internal Financial Controls

The Company's Management is responsible for establishing and maintaining internalfinancial controls based on the internal control over financial reporting criteriaestablished by the Company considering the essential components of internal control statedin the Guidance Note on Audit of Internal Financial Controls Over Financial Reportingissued by the Institute of Chartered Accountants of India. These responsibilities includethe design implementation and maintenance of adequate internal financial controls thatwere operating effectively for ensuring the orderly and efficient conduct of its businessincluding adherence to the Company's policies the safeguarding of its assets theprevention and detection of frauds and errors the accuracy and completeness of theaccounting records and the timely preparation of reliable financial information asrequired under the Companies Act 2013.

Auditor's Responsibility

Our responsibility is to express an opinion on the Company's internal financialcontrols over financial reporting based on our audit. We conducted our audit in accordancewith the Guidance Note on Audit of Internal Financial Controls Over Financial Reporting(the “Guidance Note”) and the Standards on Auditing as specified under section143(10) of the Companies Act 2013 to the extent applicable to an audit of internalfinancial controls and both issued by the Institute of Chartered Accountants of India.Those Standards and the Guidance Note require that we comply with ethical requirements andplan and perform the audit to obtain reasonable assurance about whether adequate internalfinancial controls over financial reporting with reference to these standalone Ind ASfinancial statements was established and maintained and if such controls operatedeffectively in all material respects.

Our audit involves performing procedures to obtain audit evidence about the adequacy ofthe internal financial controls system over financial reporting and their operatingeffectiveness. Our audit of internal financial controls over financial reporting includedobtaining an understanding of internal financial controls over financial reportingassessing the risk that a material weakness exists and testing and evaluating the designand operating effectiveness of internal control based on the assessed risk. The proceduresselected depend on the auditor's judgement including the assessment of the risks ofmaterial misstatement of the financial statements whether due to fraud or error.

We believe that the audit evidence we have obtained is sufficient and appropriate toprovide a basis for our audit opinion on the internal financial controls system overfinancial reporting with reference to these standalone Ind AS financial statements.

Meaning of Internal Financial Controls over Financial Reporting

A company's internal financial control over financial reporting is a process designedto provide reasonable assurance regarding the reliability of financial reporting and thepreparation of financial statements for external purposes in accordance with generallyaccepted accounting principles. A company's internal financial control over financialreporting includes those policies and procedures that (1) pertain to the maintenance ofrecords that in reasonable detail accurately and fairly reflect the transactions anddispositions of the assets of the company; (2) provide reasonable assurance thattransactions are recorded as necessary to permit preparation of financial statements inaccordance with generally accepted accounting principles and that receipts andexpenditures of the company are being made only in accordance with authorisations ofmanagement and directors of the company; and (3) provide reasonable assurance regardingprevention or timely detection of unauthorised acquisition use or disposition of thecompany's assets that could have a material effect on the financial

Inherent Limitations of Internal Financial Controls over Financial Reporting

Because of the inherent limitations of internal financial controls over financialreporting including the possibility of collusion or improper management override ofcontrols material misstatements due to error or fraud may occur and not be detected.Also projections of any evaluation of the internal financial controls over financialreporting to future periods are subject to the risk that the internal financial controlover financial reporting may become inadequate because of changes in conditions or thatthe degree of compliance with the policies or procedures may deteriorate.

Opinion

In our opinion the Company has in all material respects an adequate internalfinancial controls system over financial reporting with reference to these standalone IndAS financial statements and such internal financial controls over financial reporting wereoperating effectively as at March 31 2021 based on the internal control over financialreporting criteria established by the Company considering the essential components ofinternal control stated in the Guidance Note on Audit of Internal Financial Controls OverFinancial Reporting issued by the Institute of Chartered Accountants of India.

For S.R. Batliboi & Co. LLP

Chartered Accountants ICAI Firm Registration Number: 301003E/E300005

per Atul Seksaria
Partner
Membership Number: 086370
UDIN: 21086370AAAABL9890
Place: Faridabad
Date: June 25 2021

.