1.11 Provisions, Contingent Liabilities and Contingent Assets:
The Company creates a provision when there exists a present obligation as a result
of a past event that probably requires an outflow of resources and a reliable
estimate can be made of the amount of the obligation.
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.
When there is a possible obligation or a present obligation in respect of which
likelihood of outflow of resources is remote, no provision or disclosure is made.
Contingent Assets are neither recognized nor disclosed in the Financial Statements.
1.12 Earnings Per Share:
The Basic and Diluted Earnings per Share (“EPS”) are computed by dividing the profit
after tax for the year by weighted average number of equity shares outstanding
during the year.
1.13 Borrowing Costs:
Borrowing cost includes interest, amortization of ancillary costs incurred in
connection with the arrangement of borrowings. Borrowing costs, if any, directly
attributable to the acquisition, construction or production of an asset that
necessarily takes a substantial period of time to get ready for its intended use or
sale are capitalized. All other borrowing costs are expensed in the period they occur
1.14 Cash and Cash Equivalents:
Cash and cash equivalents include cash and cheques in hand, bank balances,
demand deposits with banks and other short term highly liquid investments where
the original maturity is three months or less.
1.15 Investments:
Investments are classified as current and non-current investments in accordance
with applicable Accounting Standard. Current Investments are recorded at lower of
cost or net realizable value and non-current investments are stated at cost.
Provision for diminution in the value of non-current investments is made only where
such diminution is considered other than temporary.
1.16 Segment Information:
Segment reporting is not applicable to the Company, as there are no separately
identifiable reportable segments in accordance with the applicable accounting
standards.
1.17 Related Party Disclosure:
The Company’s principal related parties consist of its key managerial personnel. The
Company’s material related party transactions and outstanding balances are with
related parties with whom the Company routinely enters into transactions in the
ordinary course of business.
II. DIVIDEND
The Board of Directors of the Company at its meeting held on May 29, 2026 has
recommended an interim dividend of Rs 5.50 per equity share (face value of Rs 10 each) for
the year ended March 31, 2026.
Reasons for variation above 25%:-
Current Ratio - The current ratio increased primarily due to higher growth in current assets as compared to current liabilities
during the year, indicating improvement in short-term liquidity position of the Company.
Trade Receivables Turnover Ratio - The ratio has declined due to an increase in average trade receivables and a slower
collection cycle, with Days Outstanding rising to about 48 days from around 24 days in the prior year. This increase is mainly
driven by billing patterns during FY 2025-26, including a higher concentration of invoices raised towards the end of the billing
period, resulting in higher receivables outstanding as at the balance sheet date
Net Capital Turnover Ratio - The ratio declined due to increase in working capital base compared to the growth in revenue
from operations during the year.
Return on Investment - The variance in due to higher investment income during 25-26, driven by a significant increase in
long-term and short-term capital gains, along with additional other interest income, which more than offset the decline in
dividend and fixed deposit interest income.
Notes
Debt = Long term secured loans current maturities of long term debt long term unsecured funds working capital
1 facilities
2 Total Equity = Equity Share Capital Reserves and Surplus
3 Earnings for Debt Service = PAT - Non operating income interest Other non cash adjustments
4 Debt Obligations = Interest Expense Total repayments due within a year
5 Average Inventory = (Opening inventory Closing inventory) / 2
6 Average trade debtors = (Opening trade debtors Closing trade debtors) / 2
7 Average trade creditors = (Opening trade creditors Closing trade creditors) / 2
8 Average Capital Employed = Total Assets - Current Liabilities
Average invested funds in investments = (Opening invested funds in investments Closing invested funds in
9 investment) / 2
Note 30 : Other Statutory Information
(i) The Company do not have any Benami property, where any proceeding has been initiated or pending against the Company
for holding any Benami property for the reporting periods.
(ii) The Company have not traded or invested in Crypto currency or Virtual Currency during reporting periods.
(iii) The Company have not advanced or loaned to any other person(s) or entity(ies), including foreign entities (Intermediaries)
with the understanding that the Intermediary shall:
(a) directly or indirectly lent 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,
(iv) The Company have not received any fund from any person(s) or entity(ies), 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.
(v) The Company does not have any 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).
(vi) The Company does not have any borrowings from banks and financial institutions that are used for any other purpose
other than the specific purpose for which it was taken at the reporting balance sheet date.
(vii) 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.
(viii) The Company is not declared as a wilful defaulter by any bank or financial institution or other lender during the any
reporting period.
(ix) There are no scheme of arrangements which have been approved by the Competent Authority in terms of sections 230 to
237 of the Companies Act, 2013 during the reporting periods.
(x) During the reporting periods, the Company does not have any loans or advances in the nature of loans either repayable on
demand or without specifying any terms or period of repayment granted to promoters, directors, KMPs and related parties as
per the definition of Companies Act, 2013.
(xi) The Company has not identified any transactions or balances in any reporting periods with companies whose name is
struck off under section 248 of the Companies Act, 2013 or section 560 of Companies Act, 1956.
(xii) The company does not have any immovable property in the name of the company.
(xiii) There are no charges or statisfaction of charges yet to be registered with Registrar of Companies beyond the statutory
period during the reporting periods for the company.
(xiv) During the year ended March 31st 2026, the company has not revalued any tangible and intangible assets.
(xv) The Company has no borrowings from banks or financial institutions on the basis of security of current assets.
(xvi) Discontinuing Operation: The Company has not discontinued any operations during the year.
(xvii) Previous period’s figures have been regrouped / restated wherever necessary to make them comparable with current
year’s figures.
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