ZENTEC2019-01-012019-03-31in-bse-fin:OneOperatingExpenses01Member ZENTEC2019-01-012019-03-31in-bse-fin:OneOperatingExpenses02Member ZENTEC2019-01-012019-03-31in-bse-fin:FourOperatingExpenses01Member ZENTEC2019-01-012019-03-31in-bse-fin:FourOperatingExpenses02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares ZENTEC 2018-04-01 2019-03-31 2019-05-11 INR Lakhs Yearly Single segment Training and Simulation 2019-01-01 2019-03-31 Audited Consolidated 446666000.00 1168000.00 447834000.00 193063000.00 0.00 -24821000.00 42880000.00 17189000.00 9751000.00 124580000.00 362642000.00 85192000.00 0.00 85192000.00 22909000.00 -61668000.00 -38759000.00 0.00 123951000.00 0.00 0.00 0.00 2632000.00 126583000.00 -1635000.00 124948000.00 0.00 0.00 77160000.00 1 1.64 1.64 0.00 0.00 1.64 1.64 Notes to Consolidated Financial Results for the Quarter and Year ending 31st March 2019. n1tThe Financial results of the company have been prepared in accordance with Indian Accounting Standards (Ind AS) notified the Companies (Indian Accounting Standard) rules 2015 as amended by the Companies (Indian Accounting Standard) rules 2016. n2tThe aforementioned results are reviewed by the Audit Committee and subsequently taken on record by the board of directors at its meeting held on 18th May 2019. The statement included the results for the quarter ended 31st March 2019 and 31st March 2018 being the balancing figure of the audited figures in respect of the full financial year and the published year to date figures up to the third quarter of the respective financial years, which were subject to limited review by the Statutory auditors n3tThe entire operations of the Company relate to only one segment viz., Training & Simulation. n4tThe company had entered into an agreement with Unistring Tech Solutions Private Limited to acquire its shares to the extent of 51%. During the year, the Company acquired 2,26,888 shares of Rs. 10/- each fully paid-up aggregating to 40% of total shares of UTS at a price of Rs.242.41 per share by investing an aggregate amount of Rs. 5.50 cr. The balance of 11% has been acquired on 8th May 2019 i.e., after the reporting period but before approval of Financial Statements by BOD. n5tFor the year ended 31st March 2019, the company has invested in M/s Zen Technologies USA Inc (a wholly owned Subsidiary) an amount of Rs. 561.43 lakhs. n6tThe value of the orders on hand as at 18th May 2019 is about Rs.266.37 crore. n7tThe Board of Directors has recommended a final dividend of Rs.0.30 (30%) per equity share of Rs. 1/- each for the year ended 31st March 2019. n8tThe results for the year ended 31st March 2019 are also available on the website of BSE Ltd , NSE India Ltd and on the Company's website n9tOn 04.02.2019, the Company issued 23,49,940 Convertible Warrants on preferential basis at an issue price of Rs. 76/- Each share warrant is convertible in to One equity share. n10tDuring the Quarter, the Company has recognised net Deferred Tax Asset of Rs. 6.16Cr. n11tThe Company on April 1, 2018 while evaluating the impact of Ind AS 115 in respect of certain contracts with customers had reversed Rs. 714.65 lakhs of service income that was accrued and recognised during FY 2017-18 on account of certain pending procedural obligations . As at 31.03.2019, the Company has now evaluated and recognized revenue for such contracts with customers based on satisfaction of performance obligations under the contracts in accordance with Ind AS-115. In light of this, the position taken on 1 April 2018 has been revised. The net impact is the decrease of Reported Revenue by Rs 0.45 Lakhs. The details of such revised recognition of revenue are tabulated as under – n n t t t t tin Rs. lakhs nParticulars / Total / June 30, 2018 / September 30, 2018 /December 31, 2018 / March 31, 2019 n nRevenue relating nto performance n obligations satisfied nin FY 2017-18 nreported in FY n 2018-19 now nde-recognizedt / 714.65 / 261.07t/ 298.05t / 139.86t/ 15.67# n nRevenue for n performance n obligations n satisfied in nFY 2018-19 / 714.20/t341.41 / 139.47 /t101.91t/ 131.41 n nImpact on nReported nrevenuet / (0.45) /t 80.34t/ (158.58) /t(37.95)t/ 115.74 n n n n#This represents the catch-up adjustment to retained earnings. 2018-04-01 2019-03-31 Audited Consolidated 922206000.00 31078000.00 953284000.00 372561000.00 0.00 -116099000.00 166145000.00 48112000.00 37969000.00 332873000.00 841561000.00 111723000.00 0.00 111723000.00 36840000.00 -58250000.00 -21410000.00 0.00 133133000.00 0.00 0.00 0.00 35000.00 133168000.00 -1635000.00 131533000.00 0.00 0.00 77160000.00 1 1273923000.00 1.73 1.73 0.00 0.00 1.73 1.73 Manufacturing Expenses 16056000.00 Other Expenses 108524000.00 Manufacturing Expenses 50130000.00 Other Expenses 282743000.00 0.00 0.00 0.00