12. Provisions:
A provision is recognized when the Company has a present obligation as a result of past event; it is probable that an
outflow of resources will be required to settle the obligation, in respect of which a reliable estimate can be made.
Provisions are not discounted to its present value and are determined based on the best estimate required to settle
the obligation at the balance sheet date. These are reviewed at each balance sheet date and adjusted to reflect the
current best estimates.
Contingent liabilities are disclosed when there is a possible obligation arising from past events, the existence of
which will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not
wholly within the control of the Company. A present obligation that arises from past events where it is either not
probable that an outflow of resources will be required to settle or reliable estimate of the amount cannot be made,
is also termed as contingent liability. A contingent asset is neither recognized nor disclosed in the financial
statements.
13. Employee Benefits
Short term employee benefits are recognized on an accrual basis.
Defined Benefit Plans:
Gratuity, which is a defined benefit plan, is accrued based on an independent actuarial valuation, which is done
based on project unit credit method as at the balance sheet date. The Company recognizes the net obligation of a
defined benefit plan in its balance sheet as an asset or liability. Gains and losses through re-measurements of the
net defined benefit liability / (asset) are recognized in other comprehensive income. In accordance with Ind AS, re¬
measurement gains and losses on defined benefit plans recognized in OCI are not to be subsequently reclassified
to statement of profit and loss. As required under Ind AS compliant Schedule III, the Company transfers it
immediately to retained earnings.
14. Earnings per share
Basic earnings per share are computed by dividing the net profit after tax by the weighted average number of
equity shares outstanding during the period. Diluted earnings per shares is computed by dividing the profit after
tax by the weighted average number of equity shares considered for deriving basic earnings per shares and also the
weighted average number of equity shares that could have been issued upon conversion of all dilutive potential
equity shares.
A Credit risk
Credit Risk is the risk that counter party will not meet its obligations under a financial instruments or customer
contract leading to a financial loss. The Company is exposed to credit risk from its operating activities (primarily
trade receivables and unbilled revenue) and from its financing activities including deposits with banks and
financial institutions, investments, foreign exchange transactions and other financial instruments.
i Trade receivables
Credit risk is managed by each business unit subject to the Company’s established policy, procedures and
control relating to customer credit risk management. Outstanding customer receivables are regularly
monitored.
The impairment analysis is performed at each reporting date on an individual basis for clients. The maximum
exposure to credit risk at the reporting date is the carrying value of each class of financial assets. The
Company does not hold collateral as security.
Credit risk exposure
The Company’s credit period generally ranges from 30 - 60 days are as below.
The Company evaluates the concentration of risk with respect to trade receivables as low as they are spread
across multiple geographies and multiple industries.
ii Financial instruments and deposits with banks
Credit risk is limited as we generally invest in deposits with banks and financial institutions with high credit
ratings assigned by international and domestic credit rating agencies. Counterparty credit limits are reviewed
by the Company periodically and the limits are set to minimize the concentration of risks and therefore mitigate
financial loss through counterparty’s potential failure to make payments.
B Interest rate risk
Substantially all of the Company's investments (Except in equity shares) are at fixed interest rates; therefore,
the Company is not exposed to significant interest rate risk.
C Liquidity risk
Liquidity is defined as the risk that the Company will not be able to settle or meet its obligations on time or at a
reasonable price. The Company’s treasury department is responsible for liquidity, funding as well as settlement
management. In addition, processes and policies related to such risks are overseen by senior management.
Management monitors the Company’s net liquidity position through rolling forecasts on the basis of expected
cash flows.
The Company’s principal sources of liquidity are cash and cash equivalents and the cash flow that is generated
from operations. The Company believes that the cash and cash equivalents is sufficient to meet its current
requirements. Accordingly no liquidity risk is perceived.
The break-up of cash and cash equivalents, deposits and investments is as below.
Note :34 Fair value hierachy (Rs.ln Lakhs)
Level 1: - Quoted price (unadjusted) in active markets for identical assets or liabilities
Level 2 - Inputs are other than quoted prices included within Level 1 that are observable for the asset or liability, either directly (i.e. as prices) or
indirectly (i.e. derived from prices).
Level 3 - Inputs for the assets or liabilities that are not based on observable market data (unobservable inputs)
Note 35- Capital Management
For the purpose of the Company’s capital management, capital includes issued equity capital, securities premium and all other equity reserves
attributable to the equity holders. The primary objective of the Company’s capital management is to maximise the shareholder value. The
Company's capital management objectives are to maintain equity including all reserves to protect economic viability and to finance any growth
opportunities that may be available in future so as to maximise shareholders’ value. The management and the board of directors monitors the return
on capital as well as the level of dividends to the shareholders. The Company manages its capital structure and makes adjustments in light of
changes in economic conditions.
Notes:
1. Liabilities are very sensitive to discount rate, salary inflation and withdrawal rate.
2. Liabilities are very less sensitive due to change in mortality assumptions. Hence, sensitivities due to change in mortality are ignored.
Impact of New Labour Code
On November 21, 2025, the Government of India notified the four Labour Codes - the Code on Wages, 2019, the Industrial Relations Code, 2020,
the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 - consolidating 29 existing labour laws.
The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in
regulations. The Company has considered restructured compensation of its employees with effect from April 1,2026, and assessed the impact of
the changes, consistent with the Labour Codes, draft rules, FAQs etc.. Considering the materiality and regulatory-driven, nature of this impact, the
Company has accounted for this impact in the employee benefit expenses in the statement of profit or loss for the year ended March 31, 2026. The
Company continues to monitor the finalisation of Central / State Rules and clarifications from the Government on other aspects of the Labour Code
and would provide appropriate accounting effect on the basis of such developments as needed.
9) The Board of Directors of Active Infrastructure Limited in their meeting held on 25th May,2026, have considered
and recommended a final dividend of Rs. 0.5 /- (Fifty paise only) per Equity Share of Face Value of Rs. 5/- (Rupees
Five) each i.e. 10% on the Equity Shares in the capital of the Company for the Financial Year 2025-26 ended 31st
March 2026 subject to approval of shareholders (Members) of the company in the Annual General Meeting.
Declaration of Final Dividend (FY 2024-25): The Company has declared and paid a final dividend of Rs.1/- [One
Rupees Only] per equity share of face value of Rs.5/- (Rupees Five) each i.e. @20% on the equity shares in the capital
of the Company for the financial year 2024-2025 ended 31st March 2025 which was approved at the Annual
General meeting held on 25th July 2025.The Final Dividend was paid on 31st, July 2025.
10) In the opinion of the Management, the balances shown under Sundry Debtors, Loans and Advances have
approximately the same realizable value as shown in Accounts. Party balances are subject to confirmation.
11) Previous year figures have been regrouped / re-arranged wherever necessary. Some of the balances are subject to
confirmation.
12) Other Statutory Information:
i) The Company does not have any Benami property, where any proceeding has been initiated or pending against
the Company for holding any Benami property.
ii) The Company does not have any transactions with companies struck off.
iii) The Company does not have any charges or satisfaction which is yet to be registered with ROC beyond the
statutory period.
iv) The Company have not traded or invested in Crypto currency or Virtual Currency during the financial year.
v) The Company have not advanced or loaned or invested funds to any other person or entity, including foreign
entities (Intermediaries) with the understanding that the Intermediary shall:
a. 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
b. provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.
vi) The Company have not received any fund from any person or entity, including foreign entities (Funding Party)
with the understanding (whether recorded in writing or otherwise) that the Company shall:
a. 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
b. provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.
vii) The Company does not have any such transaction which is not recorded in the books of accounts that has been
surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 (such
as, search or survey or any other relevant provisions of the Income Tax Act, 1961.
viii) The Company has not been declared as Wilful defaulter by any Banks, Financial institution or Other lenders (as
defined under the Companies Act, 2013) or consortium thereof, in accordance with the guidelines on wilful
defaulters issued by the Reserve Bank of India.
ix) The Company has complied with the number of layers prescribed under clause (87) of section 2 of the Act read
with Companies (Restriction on number of Layers) Rules, 2017, and there are no companies beyond the
specified layers.
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