xv) Segment Reporting
An entity shall report separately information about each operating segment that:
- has been identified as an Operating Segment or results from aggregating two or more of those segments, and exceeds the quantitative thresholds as specified in Ind AS 108 - Operating Segments.
However, the company does not fall into any of the above stated criteria and hence the company does not qualify as a reportable segment and thus no segment reporting is provided.
xvi) Investments
- Investments in the nature of equity in subsidiaries and associates:
The Company has elected to recognize its investments in equity instruments in subsidiaries at cost being long term in nature in the standalone financial statements in accordance with the provisions of applicable Ind AS. Investment in subsidiaries are measured at cost less impairment loss, if any.
* Equity shares issued as preferential allotment on
22.04.2023
1,34,70,108 number of fully paid equity shares having nominal value of INR 10 acquired by Eco Hotels and Resorts Limited from shareholders of Eco Hotels India Private Limited pursuant to required approval from Board, Shareholders of EHRL and by BSE for inprincipal, trading and listing approval.
* Equity shares issued as preferential allotment on
24.11.2023
1,20,35,606 number of fully paid equity shares having nominal value of INR 10 acquired by Eco Hotels and Resorts Limited from shareholders of Eco Hotels India Private Limited pursuant to required approval from Board, Shareholders of EHRL and by BSE for in-principal, trading and listing approval.
(e) Equity shares movement during the year ended March 31, 2025:
* Equity shares issued as preferential allotment approved by BSE for Trading Approval on 28.06.2024
2,01,67,082 number of fully paid equity shares having nominal value of INR 10 acquired by Eco Hotels and Resorts Limited from shareholders of Eco Hotels India Private Limited pursuant to approval from Board, Shareholders of EHRL and by BSE for in-principal, trading and listing approval.
* Sweat Equity shares approved by BSE for Trading Approval on 16.04.2024
14,68,042 number of fully paid equity shares having nominal value of INR 10 acquired by Eco Hotels and Resorts Limited from shareholders of Eco Hotels India Private Limited pursuant to required approval from Board, Shareholders of EHRL and by BSE for inprincipal, trading and listing approval.
NOTE NO. 30: OTHER NOTES
i) Figures in the brackets are those relating to previous year.
ii) Expenditure in foreign currency during the financial year on account of:
Foreign Traveling Expenses - (' Nil)
iii) Critical accounting judgements and key sources of estimation uncertainties:
The preparation of the financial statements in conformity with Ind AS requires the Management to make estimates and assumptions considered in the reported amounts of assets and liabilities (including contingent liabilities) and the reported income and expenses during the year. The Management believes that the estimates used in preparation of the financial statements are prudent and reasonable. Future results could differ due to these estimates and the differences between the actual results and the estimates are recognised in the periods in which the results are known/materialise.
iv) Trade Payables:
Dues of small enterprises and micro enterprises
The disclosure pursuant to the Micro, Small and Medium Enterprises Development Act, 2006, (MSMED Act) for dues to micro enterprises and small enterprises as at March 31, 2025 and 2024 is as under:
Dues remaining unpaid to any supplier:
Principal Amount - ' 625,542/- (' 2,54,010/-)
v) Additional Regulatory Information Required by Schedule III:
a. No proceeding has been initiated or pending against the company for holding any Benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and rules made thereunder.
b. The Company has not been declared wilful defaulter (in accordance with the guidelines on wilful defaulters issued by the Reserve Bank of India) by any bank or financial Institution or other lender.
c. The Company does not have any transactions with companies struck off under section 248 of the Companies Act, 2013 or section 560 of Companies Act, 1956.
d. The Company has not traded or invested in crypto currency or virtual currency during the year.
e. The Company has not advanced or loaned or invested funds (either borrowed funds or share premium or any other sources or kind of funds) to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the understanding (whether recorded in writing or otherwise) that the Intermediary shall:
(i) 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
(ii) Provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.
f. The Company does not have any transaction 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 and there is no previously unrecorded income and related assets that are required to be recorded in the books of account during the year.
g. There are no charges or satisfaction yet to be registered with ROC beyond the statutory year.
h. Other information with regards to other matters specified in Schedule III to the Act, is either Nil or not applicable to the Company.
Note:
• Current Ratio = Current assets / (Current liabilities - Current maturities of long-term borrowings).
• Return of Equity (RoE) = Net profit after taxes / Average Equity.
• Debtors' turnover ratio = Revenue from operations / Average Trade and unbilled receivables.
• Trade payables turnover ratio = Total expenses excluding Employee benefit expenses / Average Trade payables.
• Net capital turnover ratio = Revenue from operations / Working capital where Working capital = Current Assets - (Current liabilities - Current maturities of long-term borrowings).
• Net profit ratio = Net Profit / (Loss) after taxes / Total income.
• Return on capital employed (ROCE) = (Profit / (Loss) before tax Finance costs) / (Total Equity - Intangible Assets - Intangible Assets under development Net Debt).
• Return on Investment = Profit on Sale of Investment / Cost of Investment.
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