MAGNUM2024-01-012024-03-31 MAGNUM2024-01-012024-03-31 MAGNUM2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member MAGNUM2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member MAGNUM2024-03-31 MAGNUM2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member MAGNUM2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member MAGNUM2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member MAGNUM2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member MAGNUM2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member MAGNUM2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member MAGNUM2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member MAGNUM2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member MAGNUM2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member MAGNUM2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member MAGNUM2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member MAGNUM2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member MAGNUM2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member MAGNUM2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532896 MAGNUM NOTLISTED Magnum Ventures Limited Equity 2023-04-01 2024-03-31 2024-05-27 2024-05-21 INR Lakhs Yearly 14:00:00 16:40:00 2024-05-27 2024-05-27 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2024-01-01 2024-03-31 Audited Standalone 1309693000.00 -84828000.00 1224865000.00 788191000.00 0.00 58971000.00 123009000.00 28333000.00 115722000.00 128753000.00 1242979000.00 -18114000.00 58688000.00 40574000.00 0.00 -93704000.00 -93704000.00 0.00 134278000.00 0.00 0.00 0.00 0.00 134278000.00 3009000.00 137287000.00 0.00 0.00 588863000.00 10 2.74 2.74 0.00 0.00 2.74 2.74 Ratio: 2023-24 2022-23 1 Current Ratio 2.51 0.83 2 Debt-Equity Ratio 0.23 0.28 3 Debt Service Coverage Ratio 6.20 0.79 4 Return on Equity 0.04 0.12 5 Inventory Turnover Ratio 9.34 10.25 6 Trade Receivable Turnover Ratio 8.79 9.64 7 Trade Payable Turnover Ratio 8.12 11.30 8 Net Capital Turnover Ratio 4.08 -20.29 9 Net Profit Ratios 5.36 15.40 10 Return on Capital Employed 0.01 0.08 11 Return on Investments - - 12 Interest Service Coverage Ratio 5.33 41.49 13 Long Term Debt to Working Capital 1.32 -4.40 14 Operating Profit Margin 0.72 4.61 15 Net Profit Margin 1.80 0.24 16 Current Liability Ratio 0.16 0.29 17 Outstanding Redeemable Preference Shares (Rs. In Lacs)1,277.50 2,050.00 18 Outstanding Debt Excluding Lease liabilities (Rs. In Lacs)15,755.77 16,611.83 19 Capital Redemption Reserve (Rs. In Lacs)- - 20 Debenture Redemption Reserve (Rs. In Lacs) - - 21 Net Worth (Rs. In Lacs) 15,374.84 3,711.88 22 Net Profit after tax (Rs. In Lacs) 2,470.26 7,086.10 23 Basic and Diluted Earnings per share (Rs. Per share) Basic EPS 5.04 18.78 Diluted EPS 5.04 18.78 24 Bad Debt to Account Receivable ratio - - 25 Total debt to total assets ratio 0.14 0.16 Multi segment 2023-04-01 2024-03-31 Audited Standalone 4608358000.00 15121000.00 4623479000.00 3027481000.00 0.00 140576000.00 458665000.00 49800000.00 443896000.00 454968000.00 4575386000.00 48093000.00 58688000.00 106781000.00 0.00 -140246000.00 -140246000.00 0.00 247027000.00 0.00 0.00 0.00 0.00 247027000.00 3009000.00 250036000.00 0.00 0.00 588863000.00 10 786762000.00 5.04 5.04 0.00 0.00 5.04 5.04 Other Expenses 128753000.00 Other Expenses 454968000.00 8901456000.00 142468000.00 0.00 371937000.00 0.00 0.00 60123000.00 60123000.00 9475984000.00 418780000.00 0.00 649060000.00 200050000.00 274631000.00 1949000.00 2117000.00 1127807000.00 331870000.00 1878457000.00 11354441000.00 588863000.00 6220612000.00 6809475000.00 6809475000.00 1866027000.00 1866027000.00 60506000.00 1870762000.00 3797295000.00 120004000.00 387915000.00 125381000.00 633300000.00 88807000.00 25564000.00 747671000.00 4544966000.00 11354441000.00 Notes: 1. This statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (IND AS) prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable. 2. Nil investors complaint was pending at the beginning of the quarter, during the quarter no complaint was received, Nil Complaint was pending as on 31st March, 2024. 3. After Review by the Audit Committee, the above Financial Results have been approved by the Board of Directors at its meeting held on 27th May, 2024. 4. The Financial results have been audited by the statutory auditors as required under regulation 33 and 52 of SEBI (LODR) Regulations 2015. The statutory Auditors have issued unmodified opinion on the financial results for the year ended March 31, 2024. 5. The Company has issued and allotted 20,00,000 Equity Shares pursuant to the option exercised by the Warrant-holder on 18th January, 2024. 6. The Company has increased its Authorised Share Capital from 107.825 Crores to 112.825 Crores vide Resolution passed in EGM dated 24th January, 2024. Further the Company has increased its Authorised Share Capital from 112.825 Crores to 114.325 Crores vide Resolution passed in EGM dated 20th May, 2024. 7. The Company has issued and allotted 18% Listed Secured Non-convertible Debentures (NCD’s) aggregating of INR 150 crores on 11h March, 2024 to NEO Special Credit Opportunities Fund. The Company has repaid in full the loan including interest thereon (if any) to Alchemist Assets Reconstruction Company Limited amounting Rs. 136.48 Crores out of the proceeds of NCD Issuance. The Company has received the No Dues Letter dated 12th March, 2024 from Alchemist Assets Reconstruction Company Limited. 8. The Company has issued and allotted 90,59,433 fully paid-up Equity Shares for an aggregate amount of Rs. 4,892.09 Lakhs by way of a rights issue on 1st March, 2024. 9. The Company has redeemed 2,00,000 Preference Shares on 5th February, 2024, pursuant to the terms attached to such shares. 10. Exceptional items: As on 31.03.2024 As on 31.03.2023 Profit (Loss) on sale of assets - -0.91 Provision for BOB OTS - - Gain arising from Restructuring/ -586.88 -4266.49 Closure of AARC Loan TOTAL -586.88 -4267.41 Hotel 300249000.00 Paper 924615000.00 Hotel 1052727000.00 Paper 3570752000.00 1224864000.00 4623479000.00 1224864000.00 4623479000.00 Hotel 83502000.00 Paper -14596000.00 Hotel 259411000.00 Paper -102832000.00 68906000.00 156579000.00 28333000.00 49800000.00 Notes: (In Continuation) 11. Impact of modified opinion in respect of the financial results of previous quarter(s): Modified Opinion: The total outstanding debtors for the quarter ended December 31, 2023 amounting to Rs. 5418.19 lakhs which include Rs. 222.04 lakhs which are due for more than six months and no provision has been made for the same in the books of accounts. In view of the above our report is modified to the extent of Rs. 222.04 lakh. Reason and the steps taken by the listed entity: The Company is of the view that most of the amount has been received in current quarter hence no provision has been made for the same. 12. In accordance with IND AS 16 ‘Property, Plant and Equipment’ issued by Institute of Chartered Accountants of India, the company has calculated the depreciation on the revised carrying amount (after revaluation) of PPE. Accordingly, the new depreciation is higher than the original deprecation. The amount of additional depreciation charged excess on revalued assets, has been moved though Profit & Loss Account. Further, the company has transferred the amount of excess depreciation net of tax impact (if any) has been moved from revaluation reserve to retained earnings. 13. The Revenue from operation to the tune of Rs. 906.33 lacs were reported as other income in Quarter-3 at the time of grouping of income due to excel sheet linking error. There was no difference in total at all. The excel sheet linking error has been corrected and correct grouping has been done in audited Quarter ended on 31st March, 2024 and year to date results from 1st April, 2023 to 31st March, 2024. 14. The financial results for the year ended 31st March, 2024 are available on the Company's website (www.magnumventures.in) and the website of BSE (www.bseindia.com) and NSE (www.nseindia.com) 15. The figures for the previous period have been regrouped/ rearranged wherever necessary. 16. EPS for the Quarter are not annualised. 40573000.00 106779000.00 Hotel 3418968000.00 Paper 3390507000.00 6809475000.00 Hotel 161714000.00 Paper 4383252000.00 4544966000.00 41429000.00 149718000.00 -250043000.00 0.00 0.00 0.00 -42177000.00 -238973000.00 0.00 67510000.00 0.00 0.00 0.00 443896000.00 0.00 5144000.00 4682000.00 -80766000.00 0.00 0.00 0.00 2745000.00 0.00 0.00 0.00 0.00 0.00 4106000.00 0.00 101781000.00 208562000.00 0.00 0.00 0.00 0.00 0.00 208562000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 347862000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2745000.00 0.00 -209263000.00 0.00 -554380000.00 0.00 0.00 688993000.00 67727000.00 77250000.00 0.00 0.00 1457428000.00 -1506919000.00 0.00 0.00 -188356000.00 0.00 41429000.00 0.00 0.00 776906000.00 431088000.00 0.00 431088000.00 43593000.00 474681000.00 4021000.00 4021000.00 1012000.00 1012000.00