XI) PROVISIONS, CONTINGENT LIABILITIES AND CONTINGENT ASSETS
Provision
A Provision is recognised if, as a result of a past event, the Company has a present legal or constructive
obligation that can be estimated reliably, and it is probable that an outflow of economic benefits will be
required to settle the obligation.
Contingent liabilities
A disclosure for a contingent liability is made when there is a possible obligation or a present obligation that
may, but probably will not, require an outflow of resources. Where there is a possible obligation or a
present obligation in respect of which the likelihood of outflow of resources is remote, no provision or
disclosure is made.
Contingent assets
Contingent assets are not recognised in the financial statements. However, contingent assets are assessed
continually and if it is virtually certain that an inflow of economic benefits will arise, the asset and related
income are recognised in the period in which the change occurs.
XII) EARNINGS PER SHARE
Earnings per share is calculated by dividing the net profit or loss before OCI for the year by the weighted
average number of equity shares outstanding during the period. For the purpose of calculating diluted
earnings per share, the net profit or loss before OCI for the period attributable to equity shareholders and
the weighted average number of shares outstanding during the period are adjusted for the effects of all
dilutive potential equity shares.
XIII) DIVIDEND
Dividend distribution to the Company’s equity shareholders is recognized as a liability in the Company’s
annual accounts in the year in which the dividends are approved by the Company’s equity shareholders.
NOTE NO. 25
NOTES ON ACCOUNTS
i) Disclosure as required by Ind AS 108 “Segment Reporting” of the Companies (Indian Accounting
Standards) Rules, 2015
Based on the “management approach” as defined in Ind AS 108, the Chief Operating Decision Maker (CODM)
evaluates the Company’s performance In accordance with Ind AS “Operating Segment”, the Company has only
two reportable operating segment i.e. Pharmaceuticals and Renewable Energy.
The accounting policies adopted for segment reporting are in line with the accounting policy of the Company
with following additional policies for segment reporting.
a) Revenue and Expenses have been identified to a segment on the basis of relationship to operating
activities of the segment. Revenue and Expenses which relate to enterprise as a whole and are not
allocable to a segment on reasonable basis have been disclosed as “Unallocable”.
b) Segment Assets and Segment Liabilities represent Assets and Liabilities in respective segments. Investments,
tax related assets and other assets and liabilities that cannot be allocated to a segment on reasonable
basis have been disclosed as “Unallocable”.
ii) Disclosure in accordance with Ind AS - 19 “Employee Benefits”, of the Companies (Indian Accounting
Standards) Rules, 2015.
The company provides for gratuity for employees in India as per the Payment of Gratuity Act, 1972. Employees
who are in continuous service for a period of 5 years are eligible for gratuity. The amount of gratuity payable on
retirement/termination is the employees last drawn basic salary per month computed proportionately for 15 days
salary multiplied for the number of years of service. The Company makes annual contributions to BDH Industries
Limited Employees’ Group Gratuity Cash Accumulation Scheme of LIC, a funded defined benefit plan for
qualifying employees.
The following table summarizes the components of net benefit expense recognized in the Statement of Profit
and Loss and the funded status and amounts recognized in the balance sheet.
x) Capital Management
For the purpose of the Company’s capital management, capital includes paid-up equity share capital, share
premium and all other equity reserves attributable to the equity shareholders. The primary objective of the
Company’s capital management is to maximize the shareholders value.
The Company manages its capital structure and makes adjustments in light of changes in economic conditions
and the requirements of the financial covenants. To maintain or adjust the capital structure, the Company may
adjust its dividend payment ratio to shareholders, return capital to shareholders or issue fresh shares. The
Company monitors capital using a gearing ratio, which is net debt divided by its total capital. The Company
includes within its net debt the interest bearing loans and borrowings, trade and other payables less cash and
cash equivalents.
In order to achieve this overall objective, the Company’s capital management, amongst other things, aims to
ensure that it meets the financial covenants attached to the interest-bearing loans and borrowings that define
capital structure requirements. Breaches in meeting the financial covenants would permit the lending institutions
to immediately call back the loans and borrowings. There have been no breaches in the financial covenants of
any interest-bearing loans and borrowing in the current period.
No changes were made in the objectives, policies or processes for managing the capital during the years ended
March 31,2026 and March 31,2025.
xii) Additional disclosure required by Schedule III (amendments dated 24 March, 2021) to the Companies
Act, 2013 :
A. Relationship with Struck off Company
There is no such transaction with the companies struck off under Companies Act, 2013 or Companies Act,
1956.
B. Undisclosed Income
There is no income surrendered or disclosed as income during the current or previous year in the tax
assessments under the Income Tax Act, 1961, that has not been recorded in the books of account.
C. Utilisation of Borrowings Availed from Banks
The borrowings obtained by the Company from banks have been applied for the purposes for which
suchloans were taken.
D. Details of Benami Property Held
No proceedings have been initiated on or are pending against the Company for holding benami propertyunder
the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and Rules made thereunder.
E. Wilful Defaulter
The Company has not been declared wilful defaulter by any bank or financial institution or government or
any government authority.
F. Compliance with Number of Layers of Companies
The Company does not have any subsidiary company.
G. Compliance with Approved Scheme(s) of Arrangements
The Company has not entered into any scheme of arrangement which has an accounting impact on current
or previous financial year.
H. Details of Crypto Currency or Virtual Currency
The Company has not traded or invested in crypto currency or virtual currency during the current orprevious
year.
xiii) Previous years figures have been regrouped / reclassified wherever necessary to correspond with the
current years classification disclosure.
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