NOTES TO THE ACCOUNTS
Additional information pursuant to the provisions of paragraph 3 & 4 [c] [d] of part II of schedule VI of the Companies Act, 1956.
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1.
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LICENCED AND INSTALLED CAPACITY
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a.
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Licensed Capacity
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Tablet, Syrup, Powder, Awaleha etc.
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b.
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Installed capacity
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Tablet 2050 lacs Nos.
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Liquid 41 lacs bottles
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Pills 27.50 lacs Nos.
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Awaleha 280 Tones
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Kwach 40 Tones
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Capsules 60 lacs Nos.
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2.
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PARTICULARS OF OPENING & CLOSING STOCK & SALES
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Opening stock
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Rs. 3002870.00
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Closing stock
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Rs. 1943357.00
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Sales
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Rs. 62706562.00
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Note: Since the number of items of raw materials and finished goods are more than one thousand, hence quantitative details are not given.
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3. DETAILS OF RAW MATERIAL CONSUMPTION
As the number of raw materials are more than one thousand and none of them amount to reasonable parts of total consumption, no item wise details of raw material consumption in quantity has been given.
4. MANAGERIAL REMUNERATION PAID/PAYABLE DURING YEAR
a. Managing Director Tosh Kr.Jain Rs. 2403000/-
b. Director Monika Jain Rs. 600000/-
c. Director Arihant Jain Rs. 360000/-
5. A interest free Short Term loan of Ganga Corporation Pvt.Ltd. Rs. 100000- is outstanding during the financial year 2024-2025.
6. Confirmation of balances of Sundry Debtors and Sundry Creditors appearing under the heads current liabilities, current assets, capital work in progress and loans & advances are still awaited except few parties.
7. Particular of Auditors remuneration -
Audit Fee Rs. 100000/-
8. Sundry Debtors / Creditors includes various amounts which are more than 45 days old and no confirmation of the outstanding amount are available. Figures has been taken in such heads as per the confirmation of the management of the co.
The classification of creditors as micro and small enterprise has been given for the parties from whom the confirmation has been received regarding their classification as per MSMED Act. There is no interest on delayed payment to such parties, if any, has neither been determined nor has been paid as per verbal mutual understanding with the such parties.
9. There is no previous losses in the company. The company has profit during the year on which Income Tax/MAT has to be deposited as per the computation of Income Tax.
10. EARNING PER SHARE Basic earnings per share is calculated by dividing the net profit for the year attributable to equity shareholders by the numbers of equity shares outstanding during the year.
11. BUSINESS INFORMATION
Based on the analysis of the company’s internal organization and management structure, the management of the company has classified its business activities as “Manufacturing & processing of Ayurvedic, Medicines Ayurvedic composit drug kits, dye kits & CHW kits”. The company has not done manufacturing on job work basis during this year under audit.
12. DEFERRED TAX LIABILITY
Difference of Depreciation as per the Companies Act & as per I. Tax Act, has been add back in the net profit of the company and then Tax has been calculated.
13. EXPENDITURES ON EMPLOYEE
Break up of expenditure incurred on employees who were employed throughout financial year and were in receipt of remuneration aggregating to net less than Rs. 60,00,000/- per annum or if employed for a part of financial year were in receipts of remuneration aggregating to net less than Rs. 500,000/- per month.
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PARTICULARS
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CURRENT YR.
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PREVIOUS YR.
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a.
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Salaries & Allowances
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NIL
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NIL
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Including perquisites
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b.
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Contribution to Provident Fund
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NIL
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NIL
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Superannuation & Gratuity Fund
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c.
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Number of Employees
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NIL
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NIL
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14. The company has taken Cash Credit Limit of Rs. 225.00 lacs from Axis Bank & availed Rs. 209.94 lacs approximately with interest during the year against the hypothecation of all type of stocks and personal guarantee of the Directors. The company also has taken term loan from Axis Bank Rs. 262.00 lacs for its new project which comes in production during the financial year 2022-23 at Bhogpur and now the balance of term loan is Rs. 74.22 lacs during the FY 2024-25.
15. There has been no prior period or extra-ordinary item of income or expenditure which has been entered in the books of accounts during the year.
16. The company has received intimation from suppliers regarding their status under the Micro, Small and Medium Enterprises Development Act, 2006 and hence, following disclosures under the said Act have been shown as.
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31.3.2025 31.3.2024
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(a) The principal amount due thereon remaining unpaid to supplier more than
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45 days as at the end of accounting year. The details are as under:
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10 Nos. NIL
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Bharat Book Depot, Saharanpur
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77226-
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Bhargava Printer, Haridwar
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139806-
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Chauhan Industries, Haridwar
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48192-
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D.B.M (India) Haridwar
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46390-
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Girdhar Industries, Haridwar
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91474-
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Nityam Industries, Haridwar
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66139-
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R.K. Dispo Packs, Haridwar
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23600-
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S.R.Packaging
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50002-
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R.K. Industries, Haridwar
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110530-
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Matins Tech Pack Haridwar
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90529-
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TOTAL AMOUNT
(b) The amount of interest paid by the buyer in term Of Section 16 of the Micro, Small and Medium
Enterprises Development Act, 2006 along with
The amount of the payment made to supplier
Beyond the appointed day during each
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743888
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Accounting year.
© The amount of interest due and payable for the Period of delay in making payment (which has been Paid but beyond the appointed day during the year) But without adding the interest specified under the Micro, Small and Medium Enterprises Development
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NIL NIL
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Act, 2006.
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NIL NIL
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(d)The amount of interest accrued and remaining Unpaid at the end of each accounting year and,
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NIL
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NIL
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(e) The amount of further interest remaining due And payable even in the succeeding years, until such date when the interest due as above are actually paid to the small enterprises under section 23 of Micro and Medium Enterprises Development Act 2006.
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NIL
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NIL
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17. Previous year figures have been regrouped / reclassified wherever necessary to correspond with the current year’s classification / disclosure.
18 . Notes 1 to 18 form integral part of Balance Sheet and Profit & Loss account and have been duly annexed.
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