We have audited the accompanying Ind AS financial statements of NATURA HUE CHEM LIMITED ("the
Company"), which comprise the Balance Sheet as at March 31, 2025, and the Statement of Profit and Loss and
Statement (including other comprehensive income), the Statement of Changes in Equity and the Statement of
Cash Flows for the year then ended, and a summary of significant accounting policies and other explanatory
information (hereinafter referred to as "the Ind AS financial Statements), which we have signed under
reference to this report.
In our opinion and to the best of our information and according to the explanations given to us, the aforesaid
Ind AS financial statements give the information required by the Act in the manner so required and give a true
and fair view in conformity with the accounting principles generally accepted in India, of the state of affairs of
the Company as at 31 March, 2025 and its Profit (including other Comprehensive income), its changes in equity
and its cash flows for the year ended on that date.
Basis for opinion
We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of
the Companies Act, 2013. Our responsibilities under those Standards are further described in the Auditor's
Responsibilities for the Audit of the Financial Statements 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 Ind AS financial statements under
the provisions of the Companies Act, 2013 and the 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.
Key Audit Matters
Key Audit Matters are those matters that, in our professional judgement, were of most significance in our audit
of the Ind AS financial statements of the current period. These matters were addressed in the context of our
audit of the Ind AS financial statements as a whole, and informing our opinion thereon, and we do not provide
a separate opinion on these matters.
We have determined that there are no key audit matters to be communicated in our report.
Information Other than the Ind AS Financial Statements and Auditors' Report Thereon
The Company's management and Board of Directors are responsible for the other information. The other
information comprises the information included in the Company's annual report, but does not include the Ind
AS financial statements and our auditors' report thereon. Our opinion on the financial statements does not
cover the other information and we do not express any form of assurance conclusion thereon.
In connection with our audit of the Ind AS financial statements, our responsibility is to read the other
information and, in doing so, consider whether the other information is materially inconsistent with the Ind AS
financial statements or our 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 material misstatement of this other
information, we are required to report that fact. We have nothing to report in this regard.
Responsibilities of Management and Those Charged with Governance for the Ind AS Financial
Statements
The Company's Board of Directors is responsible for the matters stated in Section 134(5) of the Companies Act,
2013 ("the Act") with respect to the preparation and presentation of these Ind AS financial statements that give a
true and fair view of the state of affairs , profit/loss (including other comprehensive income), changes in equity
and cash flows of the Company in accordance with accounting principles generally accepted in India, including
the Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Act read with the companies
(Indian Accounting Standards) Rules,2015 as amended.
This responsibility also includes maintenance of adequate accounting records in accordance with the provisions
of the Act for safeguarding the assets of the Company and for preventing and detecting frauds and other
irregularities; selection and application of appropriate implementation and maintenance of accounting policies;
making judgments and estimates that are reasonable and prudent; and design, 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 Ind AS financial
statements that gives true and fair view and are free from material misstatement, whether due to fraud or error.
In preparing the Ind AS financial statements, management is 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 management 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 the Company's Financial Reporting Process.
Auditor's Responsibilities for the Audit of Ind AS Financial Statement
Our objectives are to obtain reasonable assurance about whether the Ind AS financial statements 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 Ind AS financial statements.
A further description of the auditor's responsibilities for the audit of the Ind AS financial statements is included
in Annexure A. This description forms part of our auditor's report.
Report on Other Legal and Regulatory Requirements
Report on Other Legal and Regulatory Requirements
1.
A. As required by Section 143 (3) of the Act, based on our audit, we report that:
(a) We have sought and obtained all the information and explanations which to the best of 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 the Company so far as it
appears from our examination of those books;
(c) The Balance sheet, the Statement of Profit and loss, the Statement of Changes in Equity and the
Statement of Cash flows dealt with by this Report are in agreement with the books of account;
(d) In our opinion, the aforesaid Ind AS statements comply with the Accounting Standards specified under
Section 133 of the Act.
(e) On the basis of the written representations received from the directors of the Company as on 31
March, 2025 taken on record by the Board of Directors, none of the directors is disqualified as on 31
March, 2025 from being appointed as a director in terms of Section 164 (2) of the Act;
(f) With respect to the adequacy of the internal financial controls over financial reporting of the Company
and the operating effectiveness of such controls, refer to our separate report in "Annexure B", our
report expresses an unmodified opinion on the adequacy and operating effectiveness of the Company's
Internal financial controls over financial reporting, and
(g) With respect to the other matters to be included in the Auditors Report in accordance with Rule 11 of
the Companies (Audit and Auditors) Rules, 2014, as amended, in our opinion and to the best of our
information and according to the explanations given to us:
(i) The Company did not have any pending litigations which would impact its financial
positions.
(ii) The Company did not have any long-term contracts including derivative contracts for which
there were any foreseeable losses.
(iii) There were no amounts which were required to be transferred to the Investor Education
and Protection Fund by the Company.
(h) With respect to the matter to be included in the Auditors' Report under Section 197(16) of the Act:
In our opinion and according to the information and explanations given to us, the remuneration paid by
the Company to its directors during the current year is in accordance with the provisions of Section 197
of the Act. The remuneration paid to any director is not in excess of the limit laid down under Section
197 of the Act. The Ministry of Corporate Affairs has not prescribed other details under Section 197(16)
of the Act which are required to be commented upon by us.
(i) With respect to reporting regarding advances, loans & investments, further lending or investing other
than disclosed in the notes to financial statements: -
a) The management has represented that, to the best of its knowledge and belief, no funds have been
advanced or loaned or invested (either from borrowed funds or share premium or any other
sources or kind of funds) by the Company to or in any other person(s) or entity(ies), including
foreign entities ("Intermediaries"), with the understanding, whether recorded in writing or
otherwise, that the Intermediary shall, whether, directly or indirectly lend or invest in other
persons or entities identified in any manner whatsoever by or on behalf of the Company ("Ultimate
Beneficiaries") or provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries;
b) The management has represented that, to the best of its knowledge and belief, no funds have been
received by the Company from any person(s) or entity(ies), including foreign entities ("Funding
Parties"), with the understanding, whether recorded in writing or otherwise, that the Company
shall, whether, directly or indirectly, lend or invest in other persons or entities identified in any
manner whatsoever by or on behalf of the Funding Party ("Ultimate Beneficiaries") or provide any
guarantee, security or the like on behalf of the Ultimate Beneficiaries; and
c) Based on such audit procedures that were considered reasonable and appropriate in the
circumstances, nothing has come to our notice that has caused us to believe that the representations
under sub-clause (a) and (b) contain any material misstatement.
(j) The Company has not declared any dividend during the year under audit.
(k) Based on our examination, which included test checks, the Company has used accounting software for
maintaining its books of account for the financial year ended March 31, 2025 which has a feature of
recording audit trail (edit log) facility and was operated throughout the year for all relevant
transactions recorded in the software.
Further, for the periods where audit trail (edit log) facility was enabled and operated throughout the
year for the respective accounting software, we did not come across instance of the audit trail feature
being tampered with. However, we have observed that the edit log feature was disabled and enabled
later on.
The audit trail has been preserved by the Company as per the statutory requirements for record
retention.
2. As required by the Companies (Auditor's Report) Order, 2020 ("the Order") issued by the Central
Government of India in terms of sub-section (11) of section 143 of the Act, we give in the "Annexure C", a
statement on the matters specified in the paragraph 3 and 4 of the Order, to the extent applicable.
FOR, BATRA DEEPAK & ASSOCIATES.
CHARTERED ACCOUNTANTS
FIRM REG. NO. 005408C
Sd/-
(CA VIDHAN CHANDRA SRIVASTAVA)
PARTNER
M. NO. 073712
Place: Raipur
Date:28.05.2025
UDIN: 25073712BMJRLM4022
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