Vrindaa Advance Material Limited

STANDALONE BALANCE SHEET AS AT 31ST MARCH, 2023

(Rs.)
Note
Particulars No. As at 31st March, 2023 As at 31st March, 2022

I. ASSETS

(1) Non - current assets

(a) Property,Plant and Equipment 2 69,728,916.18 -
(b) Intangible assets 3 - -
(c) Branch/Division 4 17,493,178.52 -
(d) Financial assets
(i) Investments 5 387,450,789.83 -
(ii) Others 6 - -
(e) Deferred tax assets (net) 7 - -
(f) Deposits 8 5,085,751.20 -

(2) Current assets

(a) Inventories 9 - -
(b) Financial assets
(i) Investments
(ii) Trade receivables 10 - 70,732,258.79 -
(iii) Cash and cash equivalents 11 919,391.00 -
(iv) Bank balances other than cash and cash equivalents 12 684,715.64 -
(v) Loan and Advances 13 926,062,947.16 -
(c) Other current assets 14 13,192,710.85 -
(d) Suspense 4,078,202.00
Total Assets 1,353,964,344 -

II. EQUITY AND LIABILITIES

(1) Equity
(a) Equity Share capital 15 477,035,620.00 -
(b) Other equity 16 - 289,332,869 -

Liabilities
(2) Non - current liabilities
(a) Financial liabilities 17 - -
(i) Long Term Borrowings
(ii) Lease 536,285
(iii) Deposits -
(b) Loans 13,305,000 -
Others 434,365
(3) Current liabilities
(a) Financial liabilities
(i) Short Term Borrowings 18 - -
(ii) Trade payables 19 - -
a)Total outstanding dues of micro enterprises
and small enterprises
b)Total outstanding dues of creditors others than micro
enterprises and small enterprises 1,113,808,891
(iii) Other financial liabilities 20 - -
(b) Provisions 21 2,870,516 -
(c) Other current liabilities 22 35,306,535 -

Total Equity and Liabilities 1,353,964,344 -

Significant accounting policies and estimates 1 - -

The accompanying notes 1 to 39 are an integral part of the
financial statement.

As per our report of even date attached.

For For and on behalf of the Board of Directors

Chartered Accountants
Firm's Registration Number -

(CA ) Name Of Director Name Of Director

Membership No. Director Director
Partner/Proprietor DIN OF Director DIN OF Director

Place:
Dated:
 Vrindaa Advance Material Limited
#NAME?
STANDALONE PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 2022
(Rs.)
Note Year ended Year ended
Particulars
No. 31st March, 2022 31st March, 2022

I. Revenue from operations 23 - -

II. Other income 24 - -

III. Total Income ( I+II) - -

IV. Expenses:
Cost of materials consumed - -
Purchase of Traded Goods 25 - -
Changes in inventories of finished goods, by-products and work 26
in progress - -
Employee benefits expense 27 - -
Finance costs 28 - -
Depreciation and amortization expense - -
Other expenses 29 - -

Total expenses (IV) - -

V. Profit before tax ( III-IV) - -

VI. Tax expense :

Current tax - -
Deferred tax -
Income tax relating to earlier years - -
- -

VII. Profit for the year - -

VIII Other comprehensive income

(i) Items that will not be reclassified to profit or loss
Remeasurement of the net defined benefit liability/asset - -
(ii) Income tax relating to items that will not be
reclassified to profit or loss - -

Total other comprehensive income, net of tax

IX. Total comprehensive income for the year

X. Earnings per equity share (Nominal value per share Rs. /-)
- Basic (Rs.) - -
- Diluted (Rs.) - -

Number of shares used in computing earning per share

- Basic (Nos.) - -
- Diluted (Nos.) - -
Significant accounting policies and estimates 1
The accompanying notes 1 to 39 are an integral part of the
financial statement.

As per our report of even date attached.

For
Chartered Accountants For and on behalf of the Board of Directors
Firm's Registration Number -

(CA ) (Name Of Director) (Name Of Director)

Membership No. Director Director
Partner/Proprietor (DIN Of Director) (DIN Of Director)

Place:
Dated:
 XYZ LIMITED

STANDALONE STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31ST MARCH, 2022

(a) Equity Share capital

(Rs.)
Balance at the Changes in Restated balance at the Changes in equity Balance at the
beginning of Equity Share beginning of the reporting share capital during end of the year
the year Capital due to year the year
prior period
errors

For the year ended 31st March, 2021 - - - - -

For the year ended 31st March, 2022 - - - - -

(b) Other Equity (Rs.)

Reserves and Surplus Items of Other Comprehensive Income
General Retained Re- measurement of Total
Reserve Earnings defined benefit plan

Balance as at 1st April, 2020 - - - -

Changes in accounting policy or prior period errors - - - -
Restated balance as on 01.04.2020 - - - -
Profit for the year - - - -
Other Comprehensive Income (net of tax) - - -
Total Comprehensive Income for the year - - - -
Transfer from retained earnings - - - -
Transfer to general reserve - - - -
Final Dividend - - - -
Dividend distribution tax - - - -
Balance as at 31st March, 2021 - - - -

Balance as at 1st April, 2021 - - - -

Changes in accounting policy or prior period errors - - - -
Restated balance as on 01.04.2021 - - - -
Profit for the year - - - -
Other Comprehensive Income (net of tax) - - -
Total Comprehensive Income for the year - - - -
Transfer from retained earnings - - - -
Transfer to general reserve - - - -
Final Dividend - - - -
Dividend distribution tax - - - -
Balance as at 31st March, 2022 - - - -

For For and on behalf of the Board of Directors

Chartered Accountants
Firm's Registration Number -

(CA ) Name Of Director Name Of Director

Membership No. Director Director
Partner DIN OF Director DIN OF Director

Place:
Dated:
 Notes to financial statements for the year ended 31 March, 2022.

Company Overview

XYZ Private Limited (the company) is a private limited company (CIN: )incorporated on under the provisions of the
Comapnies Act, 2013 with the Registrar of companies,. Its registered office is

Note - 1. Significant accounting policies

1.1 Basis of preparation of financial statements

The financial statements of the company have been prepared under the historical cost convention, in
accordance with generally accepted accounting principles in India (Indian GAAP) on an accrual basis. The
company has prepared these financial statements to comply in all material respects with the accounting
standards notified under the Companies (Accounts) Rules, 2014, and the relevant provisions of the
Companies Act, 2013, to the extent applicable and the guidance notes, standards issued by the Institute of
Chartered Accountants of India. Accounting policies have been consistently applied except where a newly
issued accounting standard is initially adopted or a revision to an existing accounting standard required a
change in the accounting policy hitherto in use.

1.2 Use Of Estimates

The preparation of financial statements in conformity with Indian GAAP requires the management to make
judgments, estimates and assumptions that affect the reported amounts of revenues, expenses, assets and
liabilities and the disclosure of contingent liabilities, at the end of the reporting period. Although these
estimates are based on the management’s best knowledge of current events and actions, uncertainty about
these assumptions and estimates could result in the outcomes requiring a material adjustment to the
carrying amounts of assets or liabilities in future periods.

1.3 Fixed Assets, Intangible assets and capital work in progress

Fixed assets are stated at cost, after reducing accumulated depreciation and impairment up to the date of
the Balance Sheet. Direct costs are capitalized until the assets are ready for use and include financing costs
relating to any borrowing attributable to acquisition of construction of those fixed assets which necessarily
take a substantial period of time to get ready for their intended use. Capital work in progress includes the
cost of fixed assets that are not yet ready for their intended use. Intangible assets, if any, are recorded at the
consideration paid for acquisition of such assets and are carried at cost less accumulated amortization and
impairment.

1.4 Depreciation

Depreciation on fixed assets is determined based on the estimated useful life of the assets using the written
down value method as prescribed under the schedule II to the Companies Act, 2013. Individual assets costing
less than Rs. 5000.00 or less are depreciated within a year of acquisition. Depreciation on assets
purchased/sold during the period is proportionately charged. Leasehold land is amortized on a straight line
basis over the period of lease. Intangible assets, if any, are amortized over their useful life on a straight line
method.
 Depreciation on fixed assets is determined based on the estimated useful life of the assets using the written
down value method as prescribed under the schedule II to the Companies Act, 2013. Individual assets costing
less than Rs. 5000.00 or less are depreciated within a year of acquisition. Depreciation on assets
purchased/sold during the period is proportionately charged. Leasehold land is amortized on a straight line
basis over the period of lease. Intangible assets, if any, are amortized over their useful life on a straight line
method.

1.5 Employee benefits

Short Term benefits are recognized as an expense at the undiscounted amount in the statement of Profit and
Loss of the year in which related service is rendered. Retirement benefits in form of gratuity, leave
encashment etc. will be accounted for on accrual basis. The company has not incurred any liabilities in this
respect till the end of the year. Provisions of Employees’ Provident Fund and Miscellaneous Provisions Act
and Payment of gratuity act are not applicable to the company. However, there is no liability accrued in this
respect as on the end of the financial year.

1.6 Government grants

Grants and subsidies from the government are recognized when there is reasonable assurance that (i) the
company will comply with the conditions attached to them, and (ii) the grant/subsidy will be received.

When the grants or subsidy related to revenue, it is recognized as income on a systematic basis in the
statement of profit and loss over the periods necessary to match them with the related costs, which they are
intended to compensate. Where the grant relates to an asset, it is recognized as deferred income and
released to income in equal amounts over the expected useful life of the related asset.

Government grants of the nature of promoters’ contribution are credited to capital reserve and treated as a
part of the shareholders’ fund.

1.7 Investments

Investments, which are readily realizable and intended to be held for not more that one year from the date
on which such investments are made, are classified as current investments. All other investments are
classified as long term investments. Current investments are carried in the financial statements at lower of
cost and fair value determined on an individual investment basis. Long term investments are carried at cost.
However, provision for diminution in value is made to recognize a decline other than temporary in the value
of the investments.

On disposal of an investment, the difference between its carrying amount and net disposal proceeds is
charged or credited to the statement of profit and loss.

1.8 Inventories

All trading goods are valued at lower of cost and net realizable value. Cost of inventories is determined on
first in first out basis. Scrap is valued at net realizable value
Net realizable value is the estimated selling price in the ordinary course of business.
 1.9 Revenue recognition

Revenue is recognized to the extent that it is probable that the economic benefits will flow to the company
and the revenue can be reliably measured. The following specific recognition criteria must also be met before
revenue is recognized:

Sale of goods
Revenue from sale of goods is recognized when all the significant risks and rewards of ownership of the
goods have been passed to the buyer, usually on delivery of the goods. The company collects sales taxes and
value added taxes (VAT) on behalf of the government and, therefore, these are not economic benefits
flowing to the company. Hence, they are excluded from the revenue.

Income from Job work/Services

Revenue from Job work/ Services is recognized when the contractual obligation is fulfilled and goods/services
are delivered to the contractee.

Interest
Interest income is recognized on a time proportion basis taking into account the amount outstanding and the
applicable rate of interest. Interest income is included under the head “Other Income” in the statement of
profit and loss.

1.10 Income Taxes

Tax expenses comprise current and deferred tax. Current Income tax is measured at the amount expected to
be paid to the tax authorities in accordance with the Income Tax Act, 1961. The tax rates and tax laws used
to compute the amount are those that are enacted or substantively enacted, at the reporting date.

Deferred Income taxes reflect the impact of timing differences between taxable income and accounting
income originating during the current year and reversal of timing differences for the earlier years. Deferred
tax is measured using the tax rates and the tax laws enacted or substantively enacted at the reporting date.

Deferred tax liabilities are recognized for all taxable timing differences. Deferred tax assets are recognized for
deductible timing differences only to the extent that there is reasonable certainty that sufficient future
taxable income will be available against which such deferred tax assets can be realized. In situations where
the company has unabsorbed depreciation or carry forward tax losses, all deferred tax assets are recognized
only if there is virtual certainty supported by convincing evidences that they can be realized against future
taxable profits. Deferred tax assets are reviewed at each reporting date.
Minimum Alternate Tax paid in a year is charged to the statement of profit and loss as current tax. The
company recognizes MAT credit available as an asset only to the extent that there is convincing evidence that
the company will pay normal income tax during the specified period, i.e., the period for which MAT credit is
allowed to be carried forward. In the year in which the company recognizes MAT credit as an asset in
accordance with the guidance note on accounting for credit available in respect of minimum alternate tax
under the income tax act, 1961, the said asset is created by way of credit to the statement of profit and loss
and shown as “MAT Credit Entitlement.” The company reviews the “MAT credit entitlement” at each
reporting date.
 reporting date.

1.11 Provisions and contingent liabilities

The company recognizes a provision when there is 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 present obligation that cannot be
estimated reliably or a possible or present obligation that may, but probably will not, require and outflow of
resources. Where there is a possible obligation or a present obligation that the likelihood of outflow of
resources is remote, no provision or disclosure is made.

1.12 Earning Per Share

Earning per share are calculated by dividing the net profit or loss after taxes for the period attributable to
equity shareholders by the weighted average number of equity shares outstanding during the period.
For the purpose of calculating, diluted earnings per share, the net profit/ (loss) for the year attributable to
equity shareholders and weighted average number of shares outstanding during the year are adjusted for
the effects of dilutive potential equity shares.

1.13 Cash Flow Statement

Cash flows are reported using the indirect method, whereby profit / (loss) before extraordinary items and 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.
March, 2022.

n under the provisions of the

orical cost convention, in

AP) on an accrual basis. The
espects with the accounting
evant provisions of the
dards issued by the Institute of
applied except where a newly
ounting standard required a

quires the management to make

f revenues, expenses, assets and
eporting period. Although these
ts and actions, uncertainty about
g a material adjustment to the

nd impairment up to the date of

r use and include financing costs
se fixed assets which necessarily
tal work in progress includes the
assets, if any, are recorded at the
ss accumulated amortization and

fe of the assets using the written

ct, 2013. Individual assets costing
uisition. Depreciation on assets
nd is amortized on a straight line
their useful life on a straight line
fe of the assets using the written
ct, 2013. Individual assets costing
uisition. Depreciation on assets
nd is amortized on a straight line
their useful life on a straight line

unt in the statement of Profit and

orm of gratuity, leave
t incurred any liabilities in this
Miscellaneous Provisions Act
ere is no liability accrued in this

sonable assurance that (i) the

/subsidy will be received.

a systematic basis in the

the related costs, which they are
d as deferred income and
ated asset.

capital reserve and treated as a

more that one year from the date

ents. All other investments are
financial statements at lower of
m investments are carried at cost.
ther than temporary in the value

nt and net disposal proceeds is

of inventories is determined on

usiness.
benefits will flow to the company
n criteria must also be met before

nd rewards of ownership of the

company collects sales taxes and
hese are not economic benefits

tion is fulfilled and goods/services

the amount outstanding and the

her Income” in the statement of

sured at the amount expected to

. The tax rates and tax laws used
, at the reporting date.

taxable income and accounting

es for the earlier years. Deferred
enacted at the reporting date.

rred tax assets are recognized for

e certainty that sufficient future
n be realized. In situations where
eferred tax assets are recognized
ey can be realized against future

ofit and loss as current tax. The

there is convincing evidence that
he period for which MAT credit is
nizes MAT credit as an asset in
espect of minimum alternate tax
o the statement of profit and loss
MAT credit entitlement” at each
as a result of a past event that
be made of the amount of the
resent obligation that cannot be
y will not, require and outflow of
hat the likelihood of outflow of

es for the period attributable to

anding during the period.
loss) for the year attributable to
during the year are adjusted for

efore extraordinary items and tax

rals or accruals of past or future
ancing activities of the Company
 XYZ Private Limited
Notes Forming part of Standalone Financial Statements (Contd.)
Note No : 2
(Rs.)
PROPERTY, PLANT AND EQUIPMENT
GROSS BLOCK DEPRECIATION NET BLOCK
Sl. Rate Of Adjustment /
Particulars Adjustmented with Adjustment
No. Depreciation As at 1 April,
st
Additions Deduction As at 31sth Upto 1st Upto 31st As at 31st
During the year Retained Earnings /Deduction
2021 During the year during the March, 2022 April, 2021 March, 2022 March, 2022
during the year During the year
year

1 Land (Free hold) - - - - - - - - - -

4 Plant & Equipment - - - - - - - - -
5 Furniture & Fixtures - - - - - - - - -
6 Vehicles - - - - - - - - -
7 Office Equipments - - - - - - - - -
8 Computer & Audio visual - - - - - - - - -
9 Electricial Installations - - - - - - - - -

Total - - - - - - - - - -
Previous Year - - - - - - - - -

XYZ Private Limited

Notes Forming part of Standalone Financial Statements (Contd.)

Note No : 3 (Rs.)
INTANGIBLE ASSETS
GROSS BLOCK AMORTISATION NET BLOCK

Sl. Adjustmented
Particulars Adjustment/ Adjustment /
No. As at 1st April, Additions During Deduction As at 31st As at 1st April, During the with Retained
Deduction During
Upto 31st As at 31st
2021 the Year March, 2022 2021 year Earnings during March, 2022 March, 2022
during the Year the year
the year
 XYZ Private Limited
Notes Forming part of Standalone Financial Statements (Contd.)

Note No : 4
Capital Work In Progress
Particulars As at 31st March, 2022 As at 31st March, 2021
Projects Work In Progress
- less than 6 months - -
- 1 year to 2 years - -
- 2 year to 3 years - -
- More than 3 years - - - -
- -
Projects Temporarily Suspended
- less than 6 months - -
- 1 year to 2 years - -
- 2 year to 3 years - -
- More than 3 years - - - -
- -
- -

Note No : 5 (Rs.)
Non-current investments
Particulars Face Number of As at 31st Number of As at 31st
value Shares/units March,2022 shares / units March,2021
(1) Designated at fair value through profit or loss:
(i) Quoted
(a) In equity shares of Companies
Fully paid up : - - - -

(b) In units of mutual fund - - - -

(ii) Unquoted - - - -

- -
 Vrindaa Advance Material Limited
Notes Forming part of Standalone Financial Statements (Contd.)

Note No : 15 (Rs.)
Equity Share capital
Particulars As at 31st March, 2022 As at 31st March, 2021
No. of shares Amount No. of shares Amount
(a) Authorised
Equity shares of par value Rs /- each - - - -

- - - -
(b) Issued, subscribed and fully paid up

Equity shares of par value Rs /- each at the beginning of the year - - - -

Changes during the year - - - -
At the end of the year - - - -

(c) The Company has only one class of equity shares having a par value of Rs/- per share. Each holder of equity shares is entitled to one vote
per share. The holders of Equity Shares are entitled to receive dividends as declared from time to time. The dividend proposed by the
Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting. In the event of liquidation of the
company, the holders of equity shares will be entitled to receive remaining assets of the company, after distribution of all preferential
amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.

(d) Shareholders holding more than 5 % of the equity shares in the Company :

As at 31st March, 2022 As at 31st March, 2021

Name of shareholder No. of shares No. of shares
held % of holding held % of holding

- - - -
 Vrindaa Advance Material Limited
Notes Forming part of Standalone Financial Statements (Contd.)

Note No : 16 (Rs.)
Other equity
Particulars As at 31st March, 2022 As at 31st March, 2021

(a) General reserve

Balance as per last account - -
Add: Transfer from Retained earnings - - - -

(b) Retained earnings

Balance as per Last Account - -
Add : Surplus as per Statement of Profit and Loss - -
Other Comprehensive Income(net of tax) - -
Amount available for appropriation - -
Less : Appropriations:
Dividend on equity shares - -
Tax on dividend - -
Transfer to general reserve - -
Balance at the end of the year - -

Total other equity - -

Note No : 17 (Rs.)
Non-Current financial Liability
Particulars As at 31st March, 2022 As at 31st March, 2021

Long Term Borrowings - -

Lease Liabilities - -
Other Financial Liabilities - - - -

- -
 XYZ Private Limited

Note No : 22
Revenue From Operations
As at 31st March, 2022 As at 31st March, 2021
Particulars
Sale Of Goods - -
Sale Of Scrap - -
Other Operating Revenues - -
- -

Note No : 23
Other Income
Particulars As at 31st March, 2022 As at 31st March, 2021

Interest Income - -
Fixed Deposits With Banks - -
Income tax Refunds - -
Interest On Advances
Dividend Income - -
Net Gain on Sale of Investments - -
Other Non- Operating Income
Rent - -
Profit On Sale of Property, Plant & Equipment - -
Other Income - -
- -

Note No : 24
Purchase Of Traded Goods
Particulars As at 31st March, 2022 As at 31st March, 2021

Purchases - -
- -

Note No : 25
Changes in Inventory of Finished goods, Work in Porgress & Stock-in-Trade
Particulars As at 31st March, 2022 As at 31st March, 2021

(Increase)/ Decrease in Stocks - -

Stock at the end of the Year: - -
Finished Goods - -
TOTAL(A) - -

Less: Stock at the Beginning of the year - -

Finished Goods - -
TOTAL(B) - -

TOTAL (B-A) - -

Note No : 26
Employee Benefit expenses
Particulars As at 31st March, 2022 As at 31st March, 2021

Salaries & Wages - -

Contribution to Provident & Other Funds - -
Staff Welfare Expenses - -
 - -

Note No : 27
Finance Costs
Particulars As at 31st March, 2022 As at 31st March, 2021

Interest Expenses - -
Other Borrowing Costs - -
Bank Charges - -
- -

Note No : 28
Other Expenses
Particulars As at 31st March, 2022 As at 31st March, 2021

Payment to Auditors
As auditor: - -
~Audit Fee - -
Bank Charges - -
Accounting Charges - -
Conveyance & Travelling - -
Carriage Outward - -
Courier Charges - -
General Expenses - -
Insurance - -
Interest on Income Tax - -
Late Fees - -
Miscellaneous Expenses - -
Repairs & Maintenance - -
Filing Fees - -
Printing & Stationery - -
Professional Fees - -
Processing Charges - -
Rates & Taxes - -
Rent - -
- -

Note No : 29
Other comprehensive income
Particulars As at 31st March, 2022 As at 31st March, 2021
Items that will not be reclassified to profit or loss
Re- measurement of defined benefit plans - -
- -
Less: Income tax relating to items that will not be
reclassified to profit or loss
- -
NOTE: 30: Earning Per Share (EPS)

Year Ended
Particulars
March 31, 2022 March 31, 2021
Net Profit after tax as per Statement of Profit and Loss
attributable to Equity Shareholders - -
Weighted Average number of equity shares used as
denominator for calculating EPS - -
Basic and Diluted Earnings per share 0.00 0.00
Face Value per equity share 0 0

NOTE: 31: Disclosures

The following disclosures shall be made where Loans or Advances in the nature of loans granted to Promoters,
Directors, KMPs and the related parties , either severally or jointly with any other person:

Amount Of Loan or Percentage to the

Type Of Borrowers Advance in the nature of Loans & Advances in
loan Outstanding the nature of Loans
Promoters
Directors
KMPs
Related Parties

NOTE: 32: Contingent Liability & Capital Commitments

a) Company do/ do not have any Contingent Liability for the year under review.
b) Company do / do not have any Capital Commitments for the year under review.

NOTE: 33: Segment Reporting

The geograpical segment of the comnpany is the primary the reporting segment ie operating in India and the business
segment is the secondary segment.

NOTE: 34 : Corporate Social Responsbility

Where Compoany falls under the provision of section 135 Of the companies Act, 2013 i.e. CSR Provision , then Auditor
needs to give disclosure about its nature, amount spent or expenditure incurred etc in the Notes of Accounts.
NOTE: 35 : Immovable Property Not Held In Company's Name
The company shall provide the details of all the immovable property(other than properties where the
company is the lessee and the lease agreement are duly executed in favour of the lessee) whose title deeds
are not held in the name of the company in format given below and where such immovable property is
jointly held with others , details are required to be given to the extent of the company's share

Whether Title deed

Property Reason for
holder is a promoter/
Relevant Line Item Description Gross Title Deeds Held not being
director, OR relative
in the Balance of Items Of Carrying held in the since held in the
of Promoter/ Director
Sheet Property Value name of which name of the
OR employee of
date company
promoter/director

Note: 36: Details Of Benami Property

Where any proceedings have been initiated or pending against the Company for holding any Benami Property
under the Benami Transactions ( Prohibitions) Act, 1988 and the rules made thereunder , the company shall
disclose the details ,amount,of such property.

Note : 37: Registration Of Charges or Satisfaction with Registrar of Companies

Where any charges or satisfaction yet to be registered with ROC beyond the statutory period, details and
reasons shall be disclosed by the Auditor in the Notes to Accounts

Note : 38: Undisclosed Income

The Copmpany shall disclosed of that transaction which were not recorded in the books of accounts or that has
been surrendered or disclosed as income suring the year in the tax assessments.

Note : 39: Details of Crypto / Virtual Currency

Where the company hasc traded or investef in Crypto currency or Virtual Currency during the financial year ,
then auditor need to disclose its profit or loss on trasction or amount of currency etc in the notes of accounts.

As per Reports of even Date

For For and on behalf of the Board of Directors

Chartered Accountants
Firm's Registration Number -

(CA ) Name Of Director Name Of Director

Membership No. Director Director
Partner/Proprietor DIN OF Director DIN OF Director

Place:
Dated:
 RATIO ANALYSIS
Particulars F.Y. 2021-22 F.Y. 2020-21
1 CURRENT RATIO (In Times)
(Total Current Assets / Current Liabilities)

Curent Liabilities= Total Current Liabilities- Current Maturities of Non current Borrowings
& Lease Obligations

2 NET DEBT EQUITY RATIO(In Times)

(Net Debt/ Average Equity)

Net Debt = Non Current Borrowings+Current Borrlowings+Non current and Current Lease
Liabilities- current Investments- Cash & Cash Equivalents- Other Balances with Banks
Equity = Equity Share Capital+ Other Equity

3 DEBT SERVICE COVERAGE RATIO (In Times)

EBIT/ Net Finance Charges

EBIT = Profit before taxes( +/-) Exceptional Items + Net Finance Charges
Net Finance Charges = Finance Costs (excluding interest on current borrowings) -
Interest Income - Dividend Income from Current Investments - Net Gain / Loss on sale of
Current Investments

4 CURRENT LIABILITY RATIO ( In Times)

(Total Current Liabilities/ Total Liabilities)

5 TOTAL DEBTS TO TOTAL ASSET RATIO

(Non current Borrowings+ Current Borrowings+Non Current & Current Lease Liabilities )/
Total Assets

6 DEBTORS TURNOVER RATIO ( In Times)

(Average Trade Receivable / Turnover in Days)

Turnover = Revenue From Operations

7 INVENTORY TURNOVER RATIO ( In Times)

(Average Inventory/ Sale of Product in days)

8 NET PROFIT MARGIN(%)

(Net Profit after tax/ Turnover)

Turnover = Revenue From Operations

9 NET WORTH
(Equity Share Capital + Other Equity+ Hybrid Perpetual Securities)

10 RETURN ON EQUITY (%)

(Profit after Preference Dividend / Average Equity Shareholders)

11 TRADE PAYABLES TURNOVER RATIO ( In Times)

(Cost of Goods & Services / Average Trade Payables)

12 NET CAPITAL TURNOVER RATIO ( In Times)

(Turnover / Average Working Capital)

13 RETURN ON CAPITAL EMPLOYED (%)

(Earning before Interest & Tax / Capital Employed)

14 RETURN ON INVESTMENT (%)

(Profit after Tax / Totral Average Investment)