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ISIN No
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INE503D01027
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BSE Code / NSE Code
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531137 / GEMSI
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Book Value (Rs.)
|
6.77
|
Face Value
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1.00
|
|
Bookclosure
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30/09/2024
|
52Week High
|
2
|
EPS
|
0.05
|
P/E
|
25.37
|
|
Market Cap.
|
10.24 Cr.
|
52Week Low
|
1
|
P/BV / Div Yield (%)
|
0.20 / 0.00
|
Market Lot
|
1.00
|
|
Security Type
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Other
|
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You can view the entire text of Notes to accounts of the company for the latest year
| Year End :2025-03 |
C.11 PROVISIONS, CONTINGENT ASSETS AND CONTINGENT LIABILITIES
Provisions are recognized only when there is a present obligation, as a result of past events, and when a reliable
estimate of the amount of obligation can be made at the reporting date. These estimates are reviewed at each
reporting date and adjusted to reflect the current best estimates. Provisions are discounted to their present
values, where the time value of money is material.
Contingent liability is disclosed for:
a) Possible obligations which will be confirmed only by future events not wholly within the control of the
Company or
b) Present obligations arising from past events where it is not probable that an outflow of resources will be
required to settle the obligation or a reliable estimate of the amount of the obligation cannot be made.
C.12 USE OF ESTIMATES
The preparation of the financial statements in conformity with Ind AS requires management to make estimates,
judgments and assumptions. These estimates, judgments and assumptions affect the application of accounting
policies and the reported amounts of assets and liabilities, the disclosures of contingent assets and liabilities at
the date of the financial statements and reported amounts of revenues and expenses during the period.
Application of accounting policies that require critical accounting estimates involving complex and subjective
judgments and the use of assumptions in these financial statements have been disclosed. Accounting estimates
could change from period to period. Actual results could differ from those estimates. Appropriate changes in
estimates are made as management becomes aware of changes in circumstances surrounding the estimates.
Changes in estimates are reflected in the financial statements in the period in which changes are made and, if
material, their effects are disclosed in the notes to the financial statements.
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