1.13. Provisions, contingent liabilities and contingent assets
Provision

Provisions are recognized when the Company has a present legal or constructive obligation as a result
of past events; it is probable that an outflow of resources will be required to settle the obligation; and
the amount has been reliably estimated.

If the effect of the time value of money is material, provisions are discounted using a current pre-tax
rate that reflects, when appropriate, the risks specific to the liability. When discounting is used, the
increase in the provision due to the passage of time is recognized as a finance cost

Contingent liabilities

Contingent liabilities are disclosed when there is a possible obligation arising from past events, the
existence of which will be confirmed only by the occurrence or non-occurrence of one or more
uncertain future events not wholly within the control of the Company. A present obligation that
arises from past events where it is either not probable that an outflow of resources will be required
to settle or reliable estimate of the amount cannot be made, is termed as contingent liability.

Contingent Assets

Contingent assets are disclosed where an inflow of economic benefit is probable.

1.14. Earning per share

Basic earnings per share are calculated by dividing the net profit or loss for the period attributable

to equity shareholders (after deducting attributable taxes) 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 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.

1.15. Cash Flow statement

Cash flows are reported using the indirect method, whereby profit before tax is adjusted for the
effects of transactions of non-cash nature and any deferrals or accruals of past or future cash receipts
or payments. The cash flows from operating, investing and financing activities of the Company are
segregated based on the available information.

1.16. Foreign Currency Transactions
Functional Currency

Financial statements of the Company's are presented in Indian Rupees ('), which is also the functional
currency.

Transactions and Translations

Foreign currency denominated monetary assets and liabilities are translated into the relevant
functional currency at exchange rates in effect at the balance sheet date. The gains or losses resulting
from such translations are included in net profit in the Statement of Profit and Loss. Non-monetary
assets and non-monetary liabilities denominated in a foreign currency and measured at fair value
are translated at the exchange rate prevalent at the date when the fair value was determined.
Non- monetary assets and non-monetary liabilities denominated in a foreign currency and measured
at historical cost are translated at the exchange rate prevalent at the date of the transaction.
Transaction gains or losses realized upon settlement of foreign currency transactions are included in
determining net profit for the period in which the transaction is settled.

The carrying amount of financial assets and financial liabilities measured at amortised cost in the
financial statements are a reasonable approximation of their fair values since the Company does
not anticipate that the carrying amounts would be significantly different from the values that would
eventually be received or settled.

Level 1 - Level 1 hierarchy includes financial instruments measured using quoted prices.

Level 2 - The fair value of financial instruments that are not traded in an active market is determined
using valuation techniques which maximise the use of observable market data and rely as little as
possible on entity-specific estimates. If all significant inputs required to fair value an instrument are
observable, the instrument is included in level 2.

Level 3 - If one or more of the significant inputs are not based on observable market data, the
instrument is included in level 3.

iii. Valuation technique used to determine fair value

Specific Valuation techniques used to value financial instruments include:

- the use of quoted market prices or dealer quotes or similar instruments

- the fair value of interest rate swaps is calculated as the present value of the estimated future cash
flows based on observable yield curves

- the fair value of forward foreign exchange contracts and principal swap is determined using forward
exchange rates at the balance sheet date

- the fair value of foreign currency option contracts is determined using discounted cash flow analysis

- the fair value of the remaining financial instruments is determined using discounted cash flow
analysis

iv. Valuation processes

The accounts and finance department of the company includes a team that performs the valuations
of financial assets and liabilities required for financial reporting purposes, including level 3 fair values.
This team reports directly to the chief financial officer (CFO) and the audit committee. Discussions of
valuation processes and results are held between the CFO, AC and the valuation team regularly in line
with the company's reporting requirements.

35. Financial Risk Management

35.1 Risk Management Framework

The Company's financial risk management is an integral part of how to plan and execute its business
strategies. The Company's financial risk management policy is set by the managing board.

35.2 Market risk

Market risk is the risk of loss of future earnings, fair values or future cash flows that may result from
a change in the price of a financial instrument. The value of a financial instrument may change as a
result of changes in the interest rates, foreign currency exchange rates and other market changes
that affect market risk sensitive instruments. Market risk is attributable to all market risk sensitive
financial instruments including loans and borrowings, foreign currency receivables and payables.

The Company manages market risk through treasury department, which evaluates and exercises
independent control over the entire process of market risk management. The treasury department
recommends risk management objectives and policies, which are approved by Senior Management
and the Audit Committee. The activities of this department include management of cash resources,
implementing hedging strategies for foreign currency exposures and borrowing strategies.

35.3 Interest Rate Risk

Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will
fluctuate because of changes in market interest rates. The Company is not exposed to significant
interest rate risk as at the respective reporting dates.

35.4 Foreign Currency Risk

The Company's exposure to exchange fluctuation risk is very limited for its purchase from overseas
suppliers in various foreign currencies. Foreign Currency Risk is risk that fair value or future cash flows
of an exposure will fluctuate due to changes in foreign exchanges rates. The Company entered into
forward exchanges contract average maturity of 90-180 days to hedge against its foreign currency
exposures relating to underlying liabilities firm commitments. The Company has not entered into
any Derivatives instruments for trading and speculative purposes.

35.5 Credit Risk

Credit risk refers to the risk of default on its obligation by the counter party resulting in a financial
loss. The maximum exposure to the credit risk at the reporting date is primarily from trade
receivables amounting to ' 351.47 lakhs and ' 1571.68 lakhs as of March 31, 2025 and March 31,
2024 respectively. Trade receivables are typically unsecured and are derived from revenue earned
from customers. Credit risk has always been managed by the Company through credit approvals,
establishing credit limits and continuously monitoring the credit worthiness of customers to which
the Company grants credit terms in the normal course of business. On account of adoption of
Ind AS 109, the Company uses expected credit loss model to assess the impairment loss or gain.
The Company uses a provision matrix to compute the expected credit loss allowance for trade
receivables. The provision matrix takes into account available external and internal credit risk factors
and the Company's historical experience for customers.

35.6 Liquidity Risk

The Company's principal sources of liquidity are cash and cash equivalents and the cash flow that is
generated from operations. The Company believes that the working capital is sufficient to meet its
current requirements. Accordingly, no liquidity risk is perceived.

As of 31st March 2025, The Company had a working capital of Rs. 2716.45 Lakhs including cash and
cash equivalent of Rs. 1.50 Lakhs.

As of 31st March 2024, The Company had a working capital of Rs. 1974.66 Lakhs including cash and
cash equivalent of Rs. 1.64 Lakhs.

35.8 Capital Management

The Company manages its capital to ensure that Company will be able to continue as going concern
while maximizing the return to shareholders by striking a balance between debt and equity. The
capital structure of the Company consists of net debts (offset by cash and bank balances) and equity
of the Company (Comprising issued capital, reserves, retained earnings). The Company is not subject
to any externally imposed capital requirements except financial covenants agreed with lenders.

In order to optimize capital allocation, the review of capital employed is done considering the
amount of capital required to fund capacity expansion, increased working capital commensurate
with increase in size of business and also fund investments in new ventures which will drive future
growth. The Chief Financial Officer ("CFO") reviews the capital structure of the Company on a regular
basis. As part of this review, the CFO considers the cost of capital and the risks associated with each
class of capital.

39. Segment Reporting

Ind AS 108 establishes standards for the way that public business enterprises report information about
operating segments and related disclosures about products and services, geographic areas, and major
customers. The Company's operations predominantly relate to manufacturing, trading and leasing of
assets. Based on the "management approach" as defined in Ind AS 108, the Chief Operating Decision Maker
(CODM) evaluates the Company's performance and allocates resources based on an analysis of various
performance indicators by business segments and geographic segments. Accordingly, information has
been presented both along business segments and geographic segments. The accounting principles used in
the preparation of the financial statements are consistently applied to record revenue and expenditure in
individual segments, and are as set out in the significant accounting policies.

40. The company's litigation comprise of a dispute with a supplier of Rs.41,41,680/- The company has reviewed
it and it does not reasonably expect the outcome of these proceedings to have a material impact on its
financial statements.

41. Previous year's figures have been Regrouped and Rearranged , wherever necessary..

42. The Company does not have any benami property, where any proceeding have been initiated or pending
against the company for holding any benami property.

43. The title in respect of selfconstructed buildings and title deeds of all other immovable properties (other
than properties where the Company is the lessee and the lease agreements are duly executed in favour of
the lessee), disclosed in the financial statements included under Property, Plant and Equipment are held in
the name of the Company as at the Balance Sheet date.

44. There were borrowings by the company from Banks or Financial Institution against the current assets.
The quarterly statements submitted have been in line with financial statement.

45. The Company is not declared as willful defaulter by any bank or financial institution (as defined under the
Companies Act, 2013) or other lender in accordance with the guidelines on willful defaulters issued by the
Reserve Bank of India.

47. 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.)

48. The Company has not traded or invested in Crypto currency or Virtual Currency during the financial year.

49. No funds (which are material either individually or in the aggregate) have been advanced or loaned or
invested (either from borrowed funds or share premium or any other sources or kind of funds) by the
Company to or in any other person or entity, including foreign entity ("Intermediaries"), with the
understanding, whether recorded in writing or otherwise, that the Intermediary shall, whether, 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 provide any guarantee, security or the like on behalf of the
Ultimate Beneficiaries.

50. No funds (which are material either individually or in the aggregate) have been received by the Company
from any person or entity, including foreign entity ("Funding Parties"), with the understanding, whether
recorded in writing or otherwise, that the Company shall, whether, 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 provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.