Space Wood Furnishers Private Limited Standalone Financial Statements 2014-15

SPACE WOOD FURNISHERS PRIVATE LIMITED.
Standalone Financial Statements for period 01/04/2014 to 31/03/2015
[400100] Disclosure of general information about company

Unless otherwise specified, all monetary values are in INR
01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
SPACE WOOD FURNISHERS
Name of company PRIVATE LIMITED.
Corporate identity number U36100MH1996PTC100296
Permanent account number of entity AACCS4955R
T - 4 8 ,
Address of registered office of company M.I.D.C. HINGNA NAGPUR Maharashtra INDIA 440016
Commercial and
Type of industry Industrial
Registration date 18/06/1996
Whether company is listed company No
Date of board meeting when final accounts were approved 14/07/2015
Period covered by financial statements 2014-15 2013-14
Date of start of reporting period 01/04/2014 01/04/2013
Date of end of reporting period 31/03/2015 31/03/2014
Nature of report standalone consolidated Standalone
Content of report Financial Statements
Description of presentation currency INR
Level of rounding used in financial statements Actual
Type of cash flow statement Indirect Method
Disclosure of principal product or services [Table] ..(1)

Types of principal product or
_PrincipalProductOrPrincipalService_1 _PrincipalProductOrPrincipalService_2 _PrincipalProductOrPrincipalService_3
services [Axis]
01/04/2014 01/04/2014 01/04/2014
to to to
31/03/2015 31/03/2015 31/03/2015
Disclosure of general
information about company
[Abstract]
Disclosure of principal
product or services [Abstract]
Disclosure of principal
product or services [LineItems]
Product or service
9403 4410 4418
category (ITC 4 digit) code
Description of product or
Other Furniture & Parts Prelaminated Partical Board Door & Their Frames & Thresholds
service category
Turnover of product or
148,32,44,700 9,67,67,134 1,13,89,054
service category
Highest turnover
contributing product or service 94038900 44103190 44182090
(ITC 8 digit) code
Description of product or
Other Furniture & Parts Prelaminated Partical Door & Their Frames & Thresholds
service
Unit of measurement of
highest contributing product or Nos Nos Nos
service
Turnover of highest
148,32,44,700 9,67,67,134 1,13,89,054
contributing product or service
Quantity of highest
contributing product or service [pure] 12,79,001 [pure] 66,451 [pure] 4,532
in UoM
SPACE WOOD FURNISHERS PRIVATE LIMITED. Standalone Financial Statements for period 01/04/2014 to 31/03/2015
[400400] Disclosures - Directors report
Details of principal business activities contributing 10% or more of total turnover of company [Table] ..(1)
Product/service 1 Product/service 2 Product/service 3
Principal business activities of company [Axis]
[Member] [Member] [Member]
01/04/2014 01/04/2014 01/04/2014
to to to
31/03/2015 31/03/2015 31/03/2015
Details of principal business activities contributing 10% or more
of total turnover of company [Abstract]
Details of principal business activities contributing 10% or
more of total turnover of company [LineItems]
Name of main product/service Furniture Board Doors & Frames
Door & Their
Other Furniture & Prelaminated Partical
Description of main product/service Parts Board
Frames &
Thresholds
Details of contracts/arrangements/transactions not at arm's length basis [Table] ..(1)

Contracts/arrangements/transactions not at arm's length basis [Axis] _ContractsArrangementsTransactionsNotAtArmsLengthBasis_49
01/04/2014
to
31/03/2015
Details of contracts/arrangements/transactions not at arm's length basis [Abstract]
Details of contracts/arrangements/transactions not at arm's length basis
[LineItems]
Name of related party NIL
Description of nature of related party relationship Others
Duration of contracts/arrangements/transactions with related party NIL
Amount paid as advances if any for contracts/arrangements/transactions with
0
related party
Name of related party NIL
Description of nature of related party relationship Others
Details of shareholding pattern of directors and key managerial personnel [Table] ..(1)
Directors and key managerial personnel [Axis] _DirectorsAndKeyManagerialPersonnel_71 _DirectorsAndKeyManagerialPersonnel_72
Shareholding at beginning of year Shareholding at beginning of year
Change in shareholding [Axis]
[Member] [Member]
01/04/2014 01/04/2014
to to
31/03/2015 31/03/2015
Total number of shares held at end of period [shares] 13,89,938 [shares] 12,98,138
Details of shareholding pattern of directors and key
managerial personnel [Abstract]
Details of shareholding pattern of directors and key
managerial personnel
[LineItems]
Name of directors and key managerial personnel Vivek Moreshwar Deshpande Kirit Sharad Joshi
2
Details of directors signing board report [Table] ..(1)

Directors signing board report [Axis] _DirectorSigningBoardReport_73 _DirectorSigningBoardReport_74
01/04/2014 01/04/2014
to to
31/03/2015 31/03/2015
Details of signatories of board report [Abstract]
Details of directors signing board report [LineItems]
Name of director signing board report [Abstract]
First name of director VIVEK KIRIT
Middle name of director MORESHWAR SHARAD
Last name of director DESHPANDE JOSHI
Designation of director Director Director
Director identification number of director 00023147 00204902
Date of signing board report 31/08/2015 31/08/2015
Details of material contracts/arrangements/transactions at arm's length basis [Table] ..(1)

Material
contracts/arrangements/transactions at _MaterialContractsArrangementsTransactionsAtArmsLengthBasis_50 _MaterialContractsArrangementsTransactionsAtArmsLengt
arm's length basis [Axis]
01/04/2014 01/04/2014
to to
31/03/2015 31/03/2015
Name of related party Mr. Vivek Deshpande Mr. Kirit Joshi
Description of nature of related
party Key Management Personnel Key Management Personnel
relationship
Details of material
contracts/arrangements/transactions at
arm's
length basis [Abstract]
Details of material
contracts/arrangements/transactions
at arm's
length basis [LineItems]
Name of related party Mr. Vivek Deshpande Mr. Kirit Joshi
party Key Management Personnel Key Management Personnel
relationship
Description of nature of material
Sales Sales
with
related party
Duration of material
Ongoing Ongoing
with
related party
Amount paid as advances if any for
material
contracts/arrangements/transactions 56,558
with
related party
3

Material
01/04/2014 01/04/2014
to to
31/03/2015 31/03/2015
Name of related party Modern Living Solutions Pvt. Ltd. Platinum Business (I) Pvt. Ltd.
party Associate Associate
relationship
Details of material
arm's
Details of material
at arm's
Name of related party Modern Living Solutions Pvt. Ltd. Platinum Business (I) Pvt. Ltd.
relationship
Sales Sales
with
related party
Ongoing Ongoing
with
related party
material
contracts/arrangements/transactions 26,44,48,148
with
related party
4

Material
01/04/2014 01/04/2014
to to
31/03/2015 31/03/2015
Name of related party Platinum Business (I) Pvt. Ltd. Mr. Kirit Joshi
party Associate Key Management Personnel
relationship
Details of material
arm's
Details of material
at arm's
Name of related party Platinum Business (I) Pvt. Ltd. Mr. Kirit Joshi
party Associate Key Management Personnel
relationship
Purchase Remuneration
with
related party
Ongoing Ongoing
with
related party
material
contracts/arrangements/transactions 1,09,75,666
with
related party
5

Material
01/04/2014 01/04/2014
to to
31/03/2015 31/03/2015
Name of related party Space wood Office Solutions Pvt. Ltd. Space Wood Office Solutions Pvt. Ltd.
relationship
Details of material
arm's
Details of material
at arm's
Name of related party Space wood Office Solutions Pvt. Ltd. Space Wood Office Solutions Pvt. Ltd.
relationship
Interest Received Lease Rent Received
with
related party
Ongoing Ongoing
with
related party
material
contracts/arrangements/transactions 25,12,000
with
related party
6

Material
01/04/2014 01/04/2014
to to
31/03/2015 31/03/2015
Name of related party Modern Living Solutions Pvt. Ltd. Modern Living Solutions Pvt. Ltd
relationship
Details of material
arm's
Details of material
at arm's
Name of related party Modern Living Solutions Pvt. Ltd. Modern Living Solutions Pvt. Ltd
relationship
Installation & Rent Maintenance. Paid Business Auxiliary Services Paid
with
related party
Ongoing Ongoing
with
related party
material
contracts/arrangements/transactions 23,683
with
related party

Material contracts/arrangements/transactions at arm's length basis [Axis] _MaterialContractsArrangementsTransactionsAtArmsLengthBasis_70
01/04/2014
to
31/03/2015
Name of related party Mr. Vivek Deshpande
Description of nature of related party relationship Key Management Personnel
Details of material contracts/arrangements/transactions at arm's length basis
[Abstract]
Details of material contracts/arrangements/transactions at arm's length basis
[LineItems]
Name of related party Mr. Vivek Deshpande
Description of nature of related party relationship Key Management Personnel
Description of nature of material contracts/arrangements/transactions
Advances Repaid
with related party
Duration of material contracts/arrangements/transactions with related
Ongoing
party
Amount paid as advances if any for material
56,50,000
contracts/arrangements/transactions with related party
7

01/04/2014
to
31/03/2015
Textual information (1)
Disclosure in board of directors report explanatory [TextBlock] [See below]
Description of state of companies affair [See below]
Disclosure relating to amounts if any which is proposed to carry to any Textual information (3)
reserves [See below]
Disclosures relating to amount recommended to be paid as dividend [See below]
Details regarding energy conservation [See below]
The Company continues to
use the latest
technologies for
improving the
productivity and quality
Details regarding technology absorption of its services and
products. The Company?s
operations do not require
significant import of
technology.
Details regarding foreign exchange earnings and outgo [See below]
Disclosures in director?s responsibility statement [See below]
Particulars of loans guarantee investment under section 186 [TextBlock] [See below]
Particulars of contracts/arrangements with related parties under section Textual information (9)
188(1) [TextBlock] [See below]
Disclosure of extract of annual return as provided under section 92(3) Textual information (10)
[TextBlock] [See below]
Details of change in promoters shareholding [TextBlock]
Details of shareholding pattern of directors and key managerial
personnel [TextBlock]
Disclosure of statement on declaration given by independent directors Textual information (11)
under section 149(6) [TextBlock] [See below]
Disclosure for companies covered under section 178(1) on
directors appointment and remuneration including other matters [See below]
provided under section 178(3) [TextBlock]
Disclosure of statement on development and implementation of risk Textual information (13)
management policy [TextBlock] [See below]
Details on policy development and implementation by company on
corporate social responsibility initiatives taken during year [See below]
[TextBlock]
Disclosure as per rule 8(5) of companies accounts rules 2014 [TextBlock]
Disclosure of financial summary or highlights [TextBlock] [See below]
Disclosure of change in nature of business [TextBlock] [See below]
Details of directors or key managerial personnels who were Textual information (17)
appointed or have resigned during year [TextBlock] [See below]
Disclosure of companies which have become or ceased to be its
subsidiaries, joint ventures or associate companies during [See below]
year [TextBlock]
Details relating to deposits covered under chapter v of companies act

[TextBlock]
1.
Details of deposits which are not in compliance with requirements Textual information (19)
of chapter v of act [TextBlock] [See below]
Details of significant and material orders passed by
regulators or courts or tribunals impacting going concern [See below]
status and company?s operations in future [TextBlock]
Details regarding adequacy of internal financial controls with Textual information (21)
reference to financial statements [TextBlock] [See below]
Disclosure of appointment and remuneration of managerial personnels Textual information (22)
[TextBlock] [See below]
Number of meetings of board [pure] 24
8
Disclosure in board of directors report explanatory [Text Block]
SPACEWOOD FURNISHERS
PRIVATE LIMITED
COMPANY REGN. NO
: U36100MH1996PTC100296
ANNUAL REPORT
2014-2015
REGISTERED OFFICE
T ? 48, MIDC HINGNA,
NAGPUR
? 440 016
BOARD OF DIRECTORS
MR. VIVEK M. DESHPANDE
MR. KIRIT S. JOSHI
MR. NITIN S. SUDAME
AUDITORS
9
C.N. PATEL & CO.
CHARTERED ACCOUNTANTS
NAGPUR
BOARD?S REPORT
Dear Members,
Your Directors have pleasure in presenting this 19
th
Board?s Report and the Company?s Audited Financial Statements for the financial year ended on 31
st
March, 2015.
1.
Results of Operations and State of
Affairs
:
The standalone total revenue increased to
1,836,136,491/- from
1,811,231,256/- in the financial year 31.3.2015. The Net Profit after tax before appropriations for the year under review decreased to
33,965,660/- from
34,156,202/- in the financial year 31.3.2015.
2.
Dividend and Transfer to reserves:
Your Directors are pleased to recommend dividend of Rs. 1 per share for financial year ended 31
st
March 2015. The dividend payout is subject to approval of members at the ensuing Annual General Meeting. To have sustainable growth and
regular dividend payout the Company has transferred an amount
20,00,000/- to its general reserve.
1.
Material Changes between the date of the Board report and end of financial year :
There is no material change and commitment affecting the financial position of the Company which has occurred between the end of the financial
year of the Company to which the financial statements relate and the date of the report. The Modern Living Solutions Private Limited became
subsidiary of the Company as on dtd. 27.06.2015 and Spacewood Office Solutions Pvt. Ltd. as on dtd. 29.03.2015 ceased to be subsidiary of the
Company.
1.
Details of companies which have become or ceased to be its Subsidiaries, joint ventures or associate companies during the year
10
There was no change in subsidiary company of the Company except Space wood Office Solutions Private Limited which ceased to be a
subsidiary of the Company.
1.
Disclosures pursuant to section 197 (14) of the companies act, 2013:
No Managing Director or Whole-Time Director of the Company was in receipt of any remuneration or commission from the Company's Holding
or Subsidiary companies during the financial year.
1.
Disclosure under schedule V (part II) (section II)(B) (iv)(IV) of Companies Act 2013
The company being a private limited company, Disclosure under schedule V (part II) (section II)(B) (iv)(IV) of Companies Act 2013, is not
required.
1.
Directors? Responsibility Statement:
Pursuant to the requirement under section 134(3)(c)
of the Companies Act, 2013 with respect to Directors? Responsibility Statement, it is hereby confirmed that:
(i) in the preparation of the annual accounts for the financial year ended 31
st
March, 2015, the applicable accounting standards read with requirement set out under Schedule III of the Companies Act, 2013 had been
followed and there is no material departure from the same;
(ii) the directors had selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and
prudent so as to give a true and fair view of the state of affairs of the company as at March 31, 2015 and of the profit and loss of the company for
that period;
(iii) the directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the
Companies Act, 2013 for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities;
(iv) the directors had prepared the annual accounts on a going concern basis; and
(v) the directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate
and operating effectively.
1.
Detailed reason or report on revision of Financial Statements
There is no revision of financial statement during the year. Hence, it is not applicable to our company.
2.
Matter related to share capital
11
Sr. No.
Details of issue of shares
Applicable / not applicable
Details of issue of equity share with differential right {Rule 4(4) of companies (share capital and debentures) Rules, 2014}
Your company has not issued any equity share with differential rights during the year. Hence, it is not applicable to your company
Details of issue of sweat equity shares {rule 8 (13) of companies (share capital and debentures) rules, 2014}
Your company has not issued sweat equity shares during the year. Hence, it is not applicable to your company
Details of issue of sweat equity shares {rule 4 (12) of companies (share capital and debentures) rules, 2014}
Your company has not issued sweat equity shares during the year. Hence, it is not applicable to your company
Details of voting rights is not exercised directly by the employees {Rule 16(4) of companies (share capital and debentures) Rules, 2014}
Not applicable
3.
Formal Annual Evaluation:
The Company, being a Private Limited Company is not required to provide a statement in the Board Report on formal annual evaluation of the
performance of Board, committees and individual Directors.
4.
Audit Committee
The Company, being a Private Limited Company the provisions of section 177 of the Companies Act, 2013 is not applicable.
12
5.
Statutory Auditor:
M/s. C.N. Patel & Co., Chartered Accountants, statutory auditors of the Company having registration number FRN: 112552W retire at the
conclusion of the ensuing Annual General Meeting. The Company has received letter of unwillingness under section 139(9)(b) of the Companies
Act, 2013 from the retiring statutory auditor intimating difficulty to continue to act as auditor of the company due to pre-occupations.
The Board of director has approached Price Waterhouse Chartered Accountants LLP for acting as the Statutory Auditor of our Company. Price
Waterhouse Chartered Accountants LLP, has shown willingness to act as statutory auditor of the Company. Board of Directors proposes the
appointment of Price Waterhouse Chartered Accountants LLP, Chartered Accountant as statutory auditor of the Company.
6.
Auditor?s Report:
Refer Point no VII. (a) of Annexure to Independent Auditor?s Report. The Company is generally regular in depositing statutory dues with
appropriate authorities. However, few of the statutory dues remain pending as the dispute on the same is pending before competent Government
Authorities.
Notes on financial statement are self explanatory and does not call for any further comment.
7.
Secretarial Audit:
The company being a private limited company, the provisions of Section 204 relating to Secretarial Audit are not applicable to the Company.
1.
Corporate Social Responsibility:
The Company has constituted a Corporate Social Responsibility with all three Directors of the Company. Due to internal investments plans and
cash flow issues the Company could not spend desired money for corporate social responsibility. Moreover the Company is also awaiting Private
equity Investment from Sumitomo Forestry (
Singapore
) Ltd.,
Japan
and Bennett Coleman and Company Limited
1.
Particulars of Employee:
None of the employee has received remuneration exceeding the limit as stated in Rule 5(2) of the Companies (Appointment and Remuneration of
Managerial Personnel) Rules, 2014.
2.
Conservation of energy, technology absorption, foreign exchange earnings and outgo:
13
The information on conservation of energy, technology absorption and foreign exchange earnings and outgo stipulated under Section 134(3) (m)
of the Companies Act, 2013 read with Rule, 8 of The Companies (Accounts) Rules, 2014, is annexed herewith as ?Annexure A?.
1.
Acknowledgments:
Your Directors take this opportunity to place on record their appreciation and sincere gratitude to the Government of India, Government of
Maharashtra, and the Bankers to the Company for their valuable support and look forward to their continued co-operation in the years to come.
Your Directors acknowledge the support and co-operation received from the employees and all those who have helped in the day to day
management
ANNEXURE ? A
Information under Section 134(3)(m) of the Companies Act, 2013 read with rule 8(3) the Companies (Accounts) Rules, 2014 and forming part of
the Report of the Directors
(A) Conservation of energy-
The Company lays great emphasis on savings in the cost of energy consumption. Achieving reduction in the per unit consumption of energy is an
ongoing exercise in the Company. Effective measures have been taken to minimize the loss of energy as far as possible.
(B) Technology absorption-
The Company continues to use the latest technologies for improving the productivity and quality of its services and products. The Company?s
operations do not require significant import of technology.
(C) Foreign exchange earnings and Outgo-
2014-2015 2013-2014
Particulars (in (in
) )
57,023,488
Total Foreign Exchange Received (F.O.B. Value of Export) 36,229,327
Commission and Brokerage - -
Total
57,023,488 36,229,327
Total Foreign Exchange used:
i) Raw Materials 459,333,218 415,548,099
14
ii) Trading Material - -
ii) Consumable Stores - -
iv) Capital Goods - 2,714,765
v) Foreign Travels 477,350 372,135
vi) Commission - -
vii) Professional charges - -
viii)Others(Repairs and Maintenance) 117,171 961,641
Investments
Advance towards buyback of share - 17,635,257
Unsecured loans refund received - 299,165
Description of state of companies affair

The standalone total revenue increased to 1,836,136,491/- from 1,811,231,256/- in the financial year 31.3.2015. The Net Profit after tax before
appropriations for the year under review decreased to 33,965,660/- from 34,156,202/- in the financial year 31.3.2015.
Disclosure relating to amounts if any which is proposed to carry to any reserves

Your Directors are pleased to recommend dividend of Rs. 1 per share for financial year ended 31st March 2015. The dividend payout is subject to
approval of members at the ensuing Annual General Meeting. To have sustainable growth and regular dividend payout the Company has
transferred an amount 20,00,000/- to its general reserve.
15
Disclosures relating to amount recommended to be paid as dividend

Your Directors are pleased to recommend dividend of Rs. 1 per share for financial year ended 31st March 2015. The dividend payout is subject to
approval of members at the ensuing Annual General Meeting. To have sustainable growth and regular dividend payout the Company has
transferred an amount 20,00,000/- to its general reserve.
Details regarding energy conservation

(A) Conservation of energy- The Company lays great emphasis on savings in the cost of energy consumption. Achieving reduction in the per unit
consumption of energy is an ongoing exercise in the Company. Effective measures have been taken to minimize the loss of energy as far as
possible.
Details regarding foreign exchange earnings and outgo

Foreign exchange earnings and Outgo- Particulars 2014-2015 (in ) 2013-2014 (in ) Total Foreign Exchange Received (F.O.B. Value of Export)
57,023,488 36,229,327 Commission and Brokerage - - Total 57,023,488 36,229,327 Total Foreign Exchange used: i) Raw Materials 459,333,218
415,548,099 ii) Trading Material - - ii) Consumable Stores - - iv) Capital Goods - 2,714,765 v) Foreign Travels 477,350 372,135 vi) Commission
- - vii) Professional charges - - viii)Others(Repairs and Maintenance) 117,171 961,641 Investments Advance towards buyback of share -
17,635,257 Unsecured loans refund received - 299,165
Disclosures in director?s responsibility statement

Pursuant to the requirement under section 134(3)(c) of the Companies Act, 2013 with respect to Directors? Responsibility Statement, it is hereby
confirmed that: (i) in the preparation of the annual accounts for the financial year ended 31st March, 2015, the applicable accounting standards
read with requirement set out under Schedule III of the Companies Act, 2013 had been followed and there is no material departure from the same;
(ii) the directors had selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and
prudent so as to give a true and fair view of the state of affairs of the company as at March 31, 2015 and of the profit and loss of the company for
that period; (iii) the directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the
provisions of the Companies Act, 2013 for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities;
(iv) the directors had prepared the annual accounts on a going concern basis; and (v) the directors had devised proper systems to ensure
compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.
Particulars of loans guarantee investment under section 186 [Text Block]
1.
Particulars of s, guarantees or investmloanents under section 186:
During the year under review, the Company has given guarantees for loans taken by M/s Space Wood Office Solutions Private Limited, which
was a subsidiary company, from bank of Rs. 2443.85 Lacs. Particulars of Loans and Advances are provided in Note 14 and 20 to the Financial
Statements.
Particulars of investment are provided in Note 13 and 16 to the Financial Statements.
16
Particulars of contracts/arrangements with related parties under section 188(1) [Text Block]
1. Related Party Transactions:
Particulars of contracts or arrangements with related parties referred to in sub-section (1) of section 188 in the form AOC-2 is annexed herewith
as ?Annexure C?.
Disclosure of extract of annual return as provided under section 92(3) [Text Block]
1.
Extract of the Annual Return In Form MGT-9:
Extract of the Annual Return required under section 92(3) of the Companies Act, 2013 and Rule 12(1) of the Companies (Management and
Administration) Rules, 2014 is annexed herewith as ?Annexure B?.
Disclosure of statement on declaration given by independent directors under section 149(6) [Text Block]
1.
Declaration by Independent Directors
The Company was not required to appoint Independent Directors under Section 149(4) and Rule 4 of the Companies (Appointment and
Qualification of Directors) Rules, 2014 hence no declaration has been obtained.
17
Disclosure for companies covered under section 178(1) on directors appointment and remuneration including other
matters provided under section 178(3) [Text Block]
1.
Company?s policy on directors? appointment and remuneration including criteria for determining qualifications, positive attributes, independence
of a director and other matters provided under sub-section (
3
) of section 178;
The Company, being a Private Limited Company was not required to constitute a Nomination and Remuneration Committee under Section 178(1)
of the Companies Act, 2013 and Rule 6 of the Companies (Meetings of Board and its Powers) Rules, 2014 and Stakeholders Relationship
Committee under Section 178(5) of the Companies Act, 2013.
Disclosure of statement on development and implementation of risk management policy [Text Block]
1.
Risk Management :
The Board has developed and implemented a comprehensive Risk Management Policy (RMP) for the purpose of identification of present and
future risks and also measures to avoid, reduce or mitigate the same so as to protect the business, assets of Company and interest of the stake
holders from any type of risk.
Details on policy development and implementation by company on corporate social responsibility initiatives taken
during year [Text Block]
1.
Disclosure under Sexual harassment of women at work place (Prevention, Prohibition & Redressal) Act, 2013
Company has formed and implemented policy regarding prevention of sexual harassment at work place. No complain has been received during
the year.
18
Disclosure of financial summary or highlights [Text Block]
1.
Financial results of the company:
The Company?s financial performance for the year ended 31
st
March 2015 is summarized below:-
Year Ended Year Ended
31.03.2015 31.03.2014
PARTICULARS
( in ( in
) )
Sales for the year 182,92,73,558 180,33,80,206
Other Income 68,62,934 78,51,051
Total Income 1,836,136,491 1,811,231,256
Expenditure 1,778,857,235 1,756,210,645
Profit before exceptional and extraordinary items and tax 57,279,256 55,020,611
Exceptional items Income/ (Expenses) (2,002,271) 0
Profit before extraordinary items and tax 55,276,985 55,020,611
Extraordinary items Income/ (Expenses) 7,273,018 0
Profit before Taxation 6,25,50,003 5,50,20,611
Less : Provision for Taxation
Current Tax 2,87,00,000 2,05,00,000
19
Prior period tax 15,57,020 14,28,860
Deferred Tax (16,72,676) (10,64,451)
Profit after Taxation 3,39,65,660 3,41,56,202
Appropriations 0.00 0.00
Proposed Dividend 33,06,550 33,06,550
Tax on Proposed Dividend 290,608 561,948
Transferred to General Reserve 20,00,000 20,00,000
Earnings per share 9.77 10.01
Disclosure of change in nature of business [Text Block]
1.
Change in the nature of business
:
There is no change in the nature of the business of the company.
20
Details of directors or key managerial personnels who were appointed or have resigned during year [Text Block]
1.
Details of directors or key managerial personnel during the Financial Year ended 31.3.2015;
There is no change in composition of the Board of Directors. Mr. Kirit Joshi, Mr. Vivek Deshpande and Mr. Nitin Sudame retires at this Annual
General Meeting and being eligible, offers themselves for reappointment.
Nitin Sharadchandra
Name Vivek Moreshwar Deshpande Kirit Sharad Joshi Sudame
(Director) (Director)
(Whole Time Director)
Shareholding (No. of
Shares)
13,89,938 12,98,138 0
Remuneration
Basic & D.A 51,00,000 51,00,000 24,00,000
Special Allowance - - -
H.R.A - - -
Transportation - - -
Commission - - -
LTA - - -
Medical - - -
Total 51,00,000 51,00,000 24,00,000
21
Disclosure of companies which have become or ceased to be its subsidiaries, joint ventures or associate companies
during year [Text Block]
1.
Consolidated Financial Statement:
The Company has one Subsidiary company Spacewood Hong Kong Ltd. (Changed name Intersol Trading Ltd. as on dtd. 10.07.15) as on 31
st
March 2015 in Hongkong. However company is not required to prepare Consolidated Financial Statements as it is exempt vide notification issued
by Ministry of Corporate Affairs.
Details of deposits which are not in compliance with requirements of chapter v of act [Text Block]
1.
Deposits:
The Company has not invited/ accepted any deposits from the public during the year ended March 31, 2015. There were no unclaimed or unpaid
deposits as on March 31, 2015.
Details of significant and material orders passed by regulators or courts or tribunals impacting going concern status
and company?s operations in future [Text Block]
1.
Significant and material orders passed by the regulators or courts or tribunals impacting the going concern status and company?s operations in
future:
During the year under review, there has been no such significant and material orders passed by the regulators or courts or tribunals impacting the
going concern status and company?s operations in future.
22
Details regarding adequacy of internal financial controls with reference to financial statements [Text Block]
1.
Financial Control Systems and their adequacy
The Board submits that there is adequacy of internal financial controls with reference to the financial statements.
Disclosure of appointment and remuneration of managerial personnels [Text Block]
1.
The Ratio of The Remuneration Of Each Director To The Median Employee?s Remuneration {Section 197(12)}
The Company, being a Private Limited Company, the provisions of section 197(12) of the Companies Act, 2013 are not applicable.
23
[400200] Disclosures - Auditors report
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Table] ..(1)
Auditor's
Auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Axis] favourable remark
[Member]
01/04/2014
to
31/03/2015
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Abstract]
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report
[LineItems]
Disclosure in auditors report relating to fixed assets Fixed Assets
The company has
not updated the
records showing full
Disclosure relating to quantitative details of fixed assets particulars, including
quantitative details
and situation of
Fixed Assets.
Textual information
Disclosure relating to physical verification and material discrepancies of fixed assets (23) [See below]
Disclosure in auditors report relating to inventories Inventories
Physical verification
of inventory has
been conducted at
reasonable intervals
Disclosure of physical verification of inventories at fixed intervals by the management.
In our opinion, the
frequency of
verification is
reasonable.
Textual information
Disclosure of procedure followed for physical verification of inventories (24) [See below]
The company is
maintaining proper
records of inventory.
As explained to us,
no material
Disclosure about maintenance of inventory records and material discrepancies discrepancies were
noticed on physical
verification of
inventories as
compared to book
records.
Disclosure in auditors report relating to loans Loans
Textual information
Disclosure about loans granted to parties covered under section 189 of companies act (25) [See below]
Textual information
Disclosure regarding receipt of loans granted (26) [See below]
Disclosure regarding terms of recovery of loans granted Vice Versa
Textual information
Disclosure in auditors report relating to internal control system (27) [See below]
Textual information
Disclosure in auditors report relating to deposits accepted (28) [See below]
Textual information
Disclosure in auditors report relating to maintenance of cost records (29) [See below]
Disclosure in auditors report relating to statutory dues [TextBlock] Stautory
Textual information
Disclosure relating to regularity in payment of undisputed statutory dues [TextBlock] (30) [See below]
Taxes under dispute
Disclosure relating to disputed statutory dues [TextBlock] net of deposits under
protest.
Textual information
Disclosure in auditors report relating to accumulated losses (31) [See below]
24
In our opinion and

according to the
information and
explanations given
to us, the company
Disclosure in auditors report relating to default in repayment of financial dues has not defaulted as
on year end in
repayment of
instalments to banks
and financial
institutes.
Textual information
Disclosure in auditors report relating to guarantee given (32) [See below]
In our opinion and
according to the
information and
explanation given to
us and documentary
Disclosure in auditors report relating to term loans used for purpose other than for purpose they
evidence produced
were raised before us, the term
loans have been
applied for the
purpose for which
they were raised.
According to the
information and
explanations given
to us, no material
Disclosure in auditors report relating to any material fraud reported during period fraud on or by the
company has been
noticed or reported
during the year.
Details regarding auditors [Table] ..(1)

Auditors [Axis] _Auditor_46
01/04/2014
to
31/03/2015
Details regarding auditors [Abstract]
Details regarding auditors [LineItems]
Category of auditor Auditors firm
Name of audit firm C. N. Patel & Co.
Name of auditor signing report Milind Chiman Patel
Firms registration number of audit firm 112552W
Membership number of auditor 109974
Gani Sons
Charitable Trust
Address of auditors Building, Residency
Road, Sadar,
Nagpur-440001
Permanent account number of auditor or auditor's firm AACFC6640G
SRN of form ADT-1 S18596825
Date of signing audit report by auditors 14/07/2015
Date of signing of balance sheet by auditors 14/07/2015

01/04/2014
to
31/03/2015
Disclosure in auditor?s report explanatory [TextBlock] [See below]
Whether companies auditors report order is applicable on company Yes
Whether auditors' report has been qualified or has any reservations or
No
contains adverse remarks
Disclosure relating to physical verification and material discrepancies of fixed assets

As informed to us, the Fixed Assets have been physically verified by the management at reasonable intervals. Documentary evidences
substantiating the claim of management were not made available for our verification. As informed to us there were no material discrepancies on
such verification.
25
Disclosure of procedure followed for physical verification of inventories

In our opinion, and according to information and explanations given to us, the procedures of physical verification of inventory followed by the
management are reasonable and adequate in relation to the size of the company and nature of its business.
Disclosure about loans granted to parties covered under section 189 of companies act
The company has granted loans to the bodies corporate listed in the register maintained under section 189 of the Act. In the case of loans granted
to bodies corporate listed in the register maintained under section 189 of the Act, the borrower have been regular in payment of interest as
stipulated. The terms of arrangements do not stipulate any repayment schedule and the loans are repayable on demand. Accordingly paragraph
3(iii)(b) of the order is not applicable to the company in respect of repayment of the principal amount.
Disclosure regarding receipt of loans granted

In our opinion and according to the information and explanation given to us, the rate of interest and other terms and conditions of the loan given
by the company, are prima facie not prejudicial to the interest of the company. As informed to us, the aforesaid loan is repayable on demand and
therefore the question of receipt of the principal amount regularly is not applicable and the same is not overdue.
Disclosure in auditors report relating to internal control system

In our opinion, and according to information and explanations given to us, the aforesaid loan is interest free, and the terms and conditions are
prima facie not prejudicial to the interest of the company.
Disclosure in auditors report relating to deposits accepted

According to information and explanations given to us, the company has taken loan of Rs. 176.35 Lacs from one subsidiary company during the
year covered in the register maintained under Section 301 of the Act. As at year end, loans taken from parties covered in the register maintainable
under section 301of the Act of Rs. 532.85 Lakhs is outstanding. The aforesaid loan is repayable on demand and therefore the question of payment
of the principal amount regularly is not applicable.
Disclosure in auditors report relating to maintenance of cost records

VI. We have broadly reviewed the books of accounts relating to materials, labour and other items of cost maintained by the company pursuant to
the Companies (Cost Accounting Records) Rules 2011 prescribed by the Central Government under Section 209(1)(d) of the Companies Act,
1956 and we are of the opinion that prima facie the prescribed accounts and records have been made and maintained. However, we have not made
a detailed examination of the records with a view to determine whether they are accurate or complete.
Disclosure relating to regularity in payment of undisputed statutory dues [Text Block]

According to the records and information given, the company is generally regular in depositing statutory dues including Provident Fund,
Employees' State Insurance, Income Tax, Sales Tax, Wealth Tax, Custom Duty, Excise Duty, Cess and any other statutory dues with the
appropriate authorities, applicable to it. According to information and explanations given to us, there are no statutory dues outstanding as on
31.03.2014 for a period of more than six months from the date they become payable's:
26
Disclosure in auditors report relating to accumulated losses

The company does not have accumulated losses at the end of financial year. The company has not incurred cash losses during the financial year
covered by our audit and in the immediately preceding financial year.
Disclosure in auditors report relating to guarantee given

X. The company has given guarantees for loans taken by associate company M/s. Spacewood Office Solutions Private Limited from bank of Rs.
2443.85 Lacs. In our opinion and according to the information and explanations given to us, the terms and conditions of such loan are prima facie,
not prejudicial to the interest of the company.
27
Disclosure in auditor?s report explanatory [Text Block]
Report on the Standalone Financial Statements
We have audited the accompanying standalone financial statements of
SPACE WOOD FURNISHERS PRIVATE LIMITED

(?the Company?), which comprise the Balance Sheet as at 31
st
March, 2015, the Statement of Profit and Loss, the Cash Flow Statement for the year then ended, and a summary of the significant accounting
policies and other explanatory information.
Management?s Responsibility for the Standalone Financial Statements
The Company?s Board of Directors is responsible for the matters stated in Section 134(5) of the Companies Act, 2013 (?the Act?) with respect to
the preparation of these standalone financial statements that give a true and fair view of the financial position, financial performance and cash
flows of the Company in accordance with the accounting principles generally accepted in India, including the Accounting Standards specified
under Section 133 of the Act, read with Rule 7 of the Companies
(Accounts) Rules, 2014. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the
Act for safeguarding the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of
appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of
adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records,
relevant to the preparation and presentation of the financial statements that give a true and fair view and are free from material misstatement,
whether due to fraud or error.
Auditor?s Responsibility
Our responsibility is to express an opinion on these standalone financial statements based on our audit.
We have taken into account the provisions of the Act, the accounting and auditing standards and matters which are required to be included in the
audit report under the provisions of the Act and the Rules made there under.
We conducted our audit in accordance with the Standards on Auditing specified under Section 143(10) of the Act. Those Standards require that
we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are
free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and the disclosures in the financial statements. The
procedures selected depend on the auditor?s judgment, including the assessment of the risks of material misstatement of the financial statements,
whether due to fraud or error. In making those risk assessments, the auditor considers internal financial control relevant to the Company?s
preparation of the financial statements that give a true and fair view in order to design audit procedures that are appropriate in the circumstances,
but not for the purpose of expressing an opinion on whether the Company has in place an adequate internal financial controls system over
financial reporting and the operating effectiveness of such controls. An audit also includes evaluating the appropriateness of the accounting
policies used and the reasonableness of the accounting estimates made by the Company?s Directors, as well as evaluating the overall presentation
of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the standalone
financial statements.
Opinion
In our opinion and to the best of our information and according to the explanations given to us, the aforesaid standalone financial statements give
the information required by the Act in the manner so required and give a true and fair view in conformity with the accounting principles generally
accepted in India, of the state of affairs of the Company as at 31
st
March, 2015, and its profit and its cash flows for the year ended on that date.
Report on Other Legal and Regulatory Requirements
1. As required by the Companies (Auditor?s Report) Order, 2015 (?the Order?) issued by the Central Government of India in terms of
sub-section (11) of section 143 of the Act, we give in the Annexure a statement on the matters specified in paragraphs 3 and 4 of the Order.
28
2. As required by Section 143(3) of the Act, we report that:
(a) We have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the
purposes of our audit.
(b) In our opinion, proper books of account as required by law have been kept by the Company so far as it appears from our examination of
those books.
(c) The Balance Sheet, the Statement of Profit and Loss, and the Cash Flow Statement dealt with by this Report are in agreement with the books
of account.
(d)
In our opinion, the aforesaid standalone financial statements comply with the Accounting Standards specified under Section 133 of the Act, read
with Rule 7 of the Companies (Accounts) Rules, 2014.
(e) The company being a private limited company, the disqualification mentioned in terms of Section 164 (2) of the Act are not applicable to the
company.
(f) With respect to the other matters to be included in the Auditor?s Report in accordance with Rule 11 of the Companies (Audit and Auditors)
Rules, 2014, in our opinion and to the best of our information and according to the explanations given to us:
i. The Company has disclosed the impact of pending litigations on its financial position in its financial statements ? Refer Note 2(i) to the
financial statements;
ii. The Company did not have any long-term contracts including derivative contracts for which there were any material foreseeable losses.
iii. There were no amounts which were required to be transferred to the Investor Education and Protection Fund by the Company.
[400500] Disclosures - Secretarial audit report

01/04/2014
to
31/03/2015
Disclosure in secretarial audit report explanatory [TextBlock]
Whether secretarial audit report is applicable on company No
Whether secretarial audit report has been qualified or has any
No
observation or other remarks
29
[100100] Balance sheet

31/03/2015 31/03/2014 31/03/2013
Balance sheet [Abstract]
Equity and liabilities [Abstract]
Shareholders' funds [Abstract]
Share capital 3,30,65,500 3,30,65,500
Reserves and surplus 28,00,26,094 25,26,83,682
Money received against share warrants 1,50,16,930 1,50,16,930
Total shareholders' funds 32,81,08,524 30,07,66,112
Share application money pending allotment 0 0
Non-current liabilities [Abstract]
Long-term borrowings 1,65,76,494 22,77,47,974
Deferred tax liabilities (net) 89,64,562 1,06,37,239
Other long-term liabilities 4,15,18,522 68,53,219
Long-term provisions 47,65,925 33,63,715
Total non-current liabilities 7,18,25,503 24,86,02,147
Current liabilities [Abstract]
Short-term borrowings 36,03,60,885 35,96,92,700
Trade payables 21,31,18,870 17,68,40,195
Other current liabilities 33,17,80,520 11,83,37,810
Short-term provisions 8,09,36,864 5,42,42,399
Total current liabilities 98,61,97,139 70,91,13,104
Total equity and liabilities 138,61,31,166 125,84,81,363
Assets [Abstract]
Non-current assets [Abstract]
Fixed assets [Abstract]
Tangible assets 27,99,05,341 30,39,03,622 32,16,04,314
Intangible assets 23,89,278 15,69,857 23,74,069
Tangible assets capital work-in-progress 32,25,240 0
Total fixed assets 28,55,19,859 30,54,73,479 32,39,78,383
Non-current investments 6,07,000 4,12,02,096
Deferred tax assets (net) 0 0
Long-term loans and advances 5,96,08,559 4,44,40,065
Other non-current assets 0 59,340
Total non-current assets 34,57,35,418 39,11,74,980 32,39,78,383
Current assets [Abstract]
Current investments 10,00,000 0
Inventories 30,23,25,882 23,98,76,531
Trade receivables 65,89,32,258 53,18,30,293
Cash and bank balances 3,36,60,457 4,49,29,888 2,91,14,953
Short-term loans and advances 4,44,77,151 5,06,69,671
Total current assets 104,03,95,748 86,73,06,383 2,91,14,953
Total assets 138,61,31,166 125,84,81,363 35,30,93,336
30
[400300] Disclosures - Signatories of financial statements
Details of directors signing financial statements [Table] ..(1)

Directors signing financial statements [Axis] _DirectorsSigningFinancialStatements_47 _DirectorsSigningFinancialStatements_48
01/04/2014 01/04/2014
to to
31/03/2015 31/03/2015
Details of signatories of financial statements [Abstract]
Details of directors signing financial statements [Abstract]
Details of directors signing financial statements [LineItems]
Name of director signing financial statements [Abstract]
First name of director Vivek Kirit
Middle name of director Moreshwar Sharad
Last name of director Deshpande Joshi
Designation of director Director Director
Director identification number of director 00023147 00204902
Date of signing of financial statements by director 14/07/2015 14/07/2015
31
[100400] Cash flow statement, indirect

01/04/2014 01/04/2013
to to 31/03/2013
31/03/2015 31/03/2014
Statement of cash flows [Abstract]
Whether cash flow statement is applicable on company Yes Yes
Cash flows from used in operating activities [Abstract]
Profit before extraordinary items and tax 4,45,50,004 5,50,20,611
Adjustments for reconcile profit (loss) [Abstract]
Adjustments to profit (loss) [Abstract]
Adjustments for finance costs 6,23,32,162 7,35,53,930
Adjustments for depreciation and amortisation expense 2,50,37,752 3,07,55,454
Adjustments for unrealised foreign exchange losses gains 0 0
Adjustments for dividend income 9,91,993 16,44,057
Other adjustments for which cash effects are investing or
-51,45,547 -60,78,377
financing cash flow
Other adjustments to reconcile profit (loss) 2,29,71,225 5,31,725
Other adjustments for non-cash items 5,31,65,894 1,77,10,286
Total adjustments to profit (loss) 15,73,69,493 11,48,28,961
Adjustments for working capital [Abstract]
Adjustments for decrease (increase) in inventories 0 -85,44,469
Adjustments for decrease (increase) in trade receivables 0 -9,71,88,229
Adjustments for decrease (increase) in other current assets 0 39,78,118
Adjustments for increase (decrease) in other current liabilities 0 -1,69,96,601
Adjustments for provisions -15,26,05,379 -5,09,611
Total adjustments for working capital -15,26,05,379 -11,92,60,792
Total adjustments for reconcile profit (loss) 47,64,114 -44,31,831
Net cash flows from (used in) operations 4,93,14,118 5,05,88,780
Income taxes (paid) refund 2,55,33,822 1,24,53,860
Net cash flows from (used in) operating activities before extraordinary
2,37,80,296 3,81,34,920
items
Net cash flows from (used in) operating activities 2,37,80,296 3,81,34,920
Cash flows from used in investing activities [Abstract]
Proceeds from sales of tangible assets 0 84,353
Purchase of tangible assets 48,50,150 1,23,64,982
Dividends received 9,91,993 16,44,057
Interest received 51,45,547 60,78,377
Other inflows (outflows) of cash 2,63,00,588 2,23,000
Net cash flows from (used in) investing activities before extraordinary
2,75,87,978 -43,35,195
items
Net cash flows from (used in) investing activities 2,75,87,978 -43,35,195
Cash flows from used in financing activities [Abstract]
Dividends paid 35,97,158 38,68,498
Interest paid 6,23,32,162 7,35,53,930
Other inflows (outflows) of cash -1,47,08,385 5,94,37,638
Net cash flows from (used in) financing activities before extraordinary
-8,06,37,705 -1,79,84,790
items
Net cash flows from (used in) financing activities -8,06,37,705 -1,79,84,790
Net increase (decrease) in cash and cash equivalents before effect of
-2,92,69,431 1,58,14,935
exchange rate changes
Net increase (decrease) in cash and cash equivalents -2,92,69,431 1,58,14,935
Cash and cash equivalents cash flow statement at end of period 3,36,60,457 4,49,29,888 2,91,14,953
32
[200100] Notes - Share capital
Disclosure of shareholding more than five per cent in company [Table] ..(1)
Classes of share capital [Axis] Equity shares 1 [Member]
Name of shareholder [Axis] Shareholder 1 [Member] Shareholder 2 [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of shareholding more than five per cent in
company [Abstract]
Disclosure of shareholding more than five per cent
in company [LineItems]
Type of share Equity Equity Equity Equity
VIVEK
Name of shareholder DESHPANDE
Vivek Deshpande KIRIT JOSHI Kirit Joshi
PAN of shareholder AARPD4769N AARPD4769N AAOPJ9006D AAOPJ9006D

Country of incorporation or residence of
INDIA INDIA INDIA INDIA
shareholder
Number of shares held in company [shares] 13,89,938 [shares] 13,89,938 [shares] 12,98,138 [shares] 12,98,138
Percentage of shareholding in company 42.04% 42.0371698% 39.26% 39.2607782%
Disclosure of shareholding more than five per cent in company [Table] ..(2)
Classes of share capital [Axis] Equity shares 1 [Member]
Name of shareholder [Axis] Shareholder 3 [Member] Shareholder 4 [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of shareholding more than five per cent in
company [Abstract]
Disclosure of shareholding more than five per cent
in company [LineItems]
Type of share Equity Equity Equity Equity
Name of shareholder VARSHA DESHPANDE Sharad Joshi SHARAD JOSHI Varsha Deshpande
PAN of shareholder AFUPD1426L ABDPJ8320N ABDPJ8320N AFUPD1426L
Country of incorporation or residence of
INDIA INDIA INDIA INDIA
shareholder
Number of shares held in company [shares] 2,35,875 [shares] 1,96,350 [shares] 1,96,350 [shares] 2,35,875
Percentage of shareholding in company 7.13% 5.9383931% 5.94% 7.00%
33
Disclosure of classes of share capital [Table] ..(1)

Equity shares
Classes of share capital [Axis] Share capital [Member]
[Member]
01/04/2014 01/04/2013 01/04/2014
to to 31/03/2013 to
31/03/2015 31/03/2014 31/03/2015
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [LineItems]
Number of shares authorised [shares] 50,00,000 [shares] 5,00,00,000 [shares] 50,00,000
Value of shares authorised 5,00,00,000 50,00,00,000 5,00,00,000
Number of shares issued [shares] 33,06,550 [shares] 33,06,550 [shares] 33,06,550
Value of shares issued 3,30,65,500 3,30,65,500 3,30,65,500
Number of shares subscribed and fully paid [shares] 33,06,550 [shares] 33,06,550 [shares] 33,06,550
Value of shares subscribed and fully paid 3,30,65,500 3,30,65,500 3,30,65,500
Number of shares subscribed but not fully paid [shares] 0 [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0 0
Total number of shares subscribed [shares] 33,06,550 [shares] 33,06,550 [shares] 33,06,550
Total value of shares subscribed 3,30,65,500 3,30,65,500 3,30,65,500
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 33,06,550 [shares] 33,06,550 [shares] 33,06,550
Value of shares called 3,30,65,500 3,30,65,500 3,30,65,500
Calls unpaid [Abstract]
Calls unpaid by directors and officers
[Abstract]
Calls unpaid by directors 0 0 0
Calls unpaid by officers 0 0 0
Total calls unpaid by directors and
0 0 0
officers
Calls unpaid by others 0 0 0
Total calls unpaid 0 0 0
Forfeited shares 0 0 0
Forfeited shares reissued 0 0 0
Value of shares paid-up 3,30,65,500 3,30,65,500 3,30,65,500
Reconciliation of number of shares outstanding
[Abstract]
Changes in number of shares outstanding
[Abstract]
Increase in number of shares outstanding
[Abstract]
Number of shares issued in public offering [shares] 0 [shares] 0 [shares] 0
Number of shares issued as bonus shares [shares] 0 [shares] 0 [shares] 0
Number of shares issued as rights [shares] 0 [shares] 0 [shares] 0
Number of shares issued in private
placement arising out of conversion of
[shares] 0 [shares] 0 [shares] 0
debentures preference shares during
period
Number of shares issued in other private
placement
Number of shares issued as preferential
allotment arising out of conversion of
period
Number of shares issued as other
preferential allotment
Number of shares allotted for
contracts without payment received [shares] 0 [shares] 0 [shares] 0
in cash
Number of shares issued under scheme of
amalgamation
Number of other issues of shares [shares] 0 [shares] 0 [shares] 0
Number of shares issued under employee
stock option plan
Number of other issue of shares
arising out of conversion of [shares] 0 [shares] 0 [shares] 0
securities
34
Total aggregate number of shares issued

during period
Decrease in number of shares during period
[Abstract]
Number of shares bought back [shares] 0 [shares] 0 [shares] 0
Other decrease in number of shares [shares] 0 [shares] 0 [shares] 0
Total decrease in number of shares during
period
Total increase (decrease) in number of
shares outstanding
Number of shares outstanding at end of period [shares] 33,06,550 [shares] 33,06,550 [shares] 33,06,550 [shares] 33,06,550
Reconciliation of value of shares outstanding
[Abstract]
Changes in share capital [Abstract]
Increase in share capital during period
[Abstract]
Amount of public issue during period 0 0 0
Amount of bonus issue during period 0 0 0
Amount of rights issue during period 0 0 0
Amount of private placement issue
arising out of conversion of debentures 0 0 0
preference shares during period
Amount of other private placement issue
0 0 0
during period
Amount of preferential allotment issue
Amount of other preferential allotment
0 0 0
issue during period
Amount of issue allotted for
contracts without payment 0 0 0
received in cash during period
Amount of issue under scheme of
0 0 0
amalgamation during period
Amount of other issues during period 0 0 0
Amount of employee stock option plan
0 0 0
issued during period
Amount of other issue arising out of
conversion of securities during 0 0 0
period
Total aggregate amount of increase in
0 0 0
share capital during period
Decrease in share capital during period
[Abstract]
Decrease in amount of shares bought back 0 0 0
Other decrease in amount of shares 0 0 0
Total decrease in share capital during
0 0 0
period
Total increase (decrease) in share capital 0 0 0
Share capital at end of period 3,30,65,500 3,30,65,500 3,30,65,500
Shares in company held by holding company or
ultimate holding company or by its subsidiaries
or associates [Abstract]
Shares in company held by holding company [shares] 0
Shares in company held by ultimate holding
[shares] 0
company
Shares in company held by subsidiaries of its
[shares] 0
holding company
[shares] 0
ultimate holding company
Shares in company held by associates of its
[shares] 0
holding company
[shares] 0
Total shares in company held by holding company
or ultimate holding company or by its [shares] 0 [shares] 0 [shares] 0
subsidiaries or associates
Shares reserved for issue under options
and contracts or commitments for sale of [shares] 0
shares or disinvestment
35
Amount of shares reserved for issue under options

and contracts or commitments for sale of shares or 0 0 0
disinvestment
Aggregate number of fully paid-up shares
issued pursuant to contracts without [shares] 0
payment being received in cash
[shares] 0
issued by way of bonus shares
Aggregate number of shares bought back [shares] 0
Original paid-up value of forfeited shares 0 0 0
Details of application money received for
allotment of securities and due for refund and
interest accrued thereon [Abstract]
Application money received for allotment of
securities and due for refund and interest
accrued thereon [Abstract]
Application money received for
allotment of securities and due for 0 0 0
refund, principal
refund, interest accrued
Total application money received for
allotment of securities and due for refund 0 0 0
and interest accrued thereon
36

Classes of share capital [Axis] Equity shares [Member] Equity shares 1 [Member]
01/04/2013 01/04/2014 01/04/2013
to 31/03/2013 to to
31/03/2014 31/03/2015 31/03/2014
Type of share Equity Equity
Number of shares authorised [shares] 5,00,00,000 [shares] 50,00,000 [shares] 5,00,00,000
Value of shares authorised 50,00,00,000 5,00,00,000 50,00,00,000
Number of shares issued [shares] 33,06,550 [shares] 33,06,550 [shares] 33,06,550
Value of shares issued 3,30,65,500 3,30,65,500 3,30,65,500
Number of shares subscribed and fully paid [shares] 33,06,550 [shares] 33,06,550 [shares] 33,06,550
Value of shares subscribed and fully paid 3,30,65,500 3,30,65,500 3,30,65,500
Number of shares subscribed but not fully paid [shares] 0 [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0 0
Total number of shares subscribed [shares] 33,06,550 [shares] 33,06,550 [shares] 33,06,550
Total value of shares subscribed 3,30,65,500 3,30,65,500 3,30,65,500
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 33,06,550 [shares] 33,06,550 [shares] 33,06,550
Value of shares called 3,30,65,500 3,30,65,500 3,30,65,500
Calls unpaid [Abstract]
Calls unpaid by directors and officers
[Abstract]
Calls unpaid by directors 0 0 0
Calls unpaid by officers 0 0 0
Total calls unpaid by directors and
0 0 0
officers
Calls unpaid by others 0 0 0
Total calls unpaid 0 0 0
Forfeited shares 0 0 0
Forfeited shares reissued 0 0 0
Value of shares paid-up 3,30,65,500 3,30,65,500 3,30,65,500
Par value per share [INR/shares] 10 [INR/shares] 10
Amount per share called in case shares not fully
[INR/shares] 10 [INR/shares] 10
called
Reconciliation of number of shares outstanding
[Abstract]
Changes in number of shares outstanding
[Abstract]
Increase in number of shares outstanding
[Abstract]
Number of shares issued in public offering [shares] 0 [shares] 0 [shares] 0
Number of shares issued as bonus shares [shares] 0 [shares] 0 [shares] 0
Number of shares issued as rights [shares] 0 [shares] 0 [shares] 0
Number of shares issued in private
placement arising out of conversion of
period
Number of shares issued in other private
placement
Number of shares issued as preferential
allotment arising out of conversion of
period
Number of shares issued as other
preferential allotment
Number of shares allotted for
contracts without payment received [shares] 0 [shares] 0 [shares] 0
in cash
Number of shares issued under scheme of
amalgamation
Number of other issues of shares [shares] 0 [shares] 0 [shares] 0
Number of shares issued under employee
stock option plan
37
Number of other issue of shares

arising out of conversion of [shares] 0 [shares] 0 [shares] 0
securities
Total aggregate number of shares issued
during period
Decrease in number of shares during period
[Abstract]
Number of shares bought back [shares] 0 [shares] 0 [shares] 0
Other decrease in number of shares [shares] 0 [shares] 0 [shares] 0
Total decrease in number of shares during
period
Total increase (decrease) in number of
shares outstanding
Number of shares outstanding at end of period [shares] 33,06,550 [shares] 33,06,550 [shares] 33,06,550 [shares] 33,06,550
Reconciliation of value of shares outstanding
[Abstract]
Changes in share capital [Abstract]
Increase in share capital during period
[Abstract]
Amount of public issue during period 0 0 0
Amount of bonus issue during period 0 0 0
Amount of rights issue during period 0 0 0
Amount of private placement issue
Amount of other private placement issue
0 0 0
during period
Amount of preferential allotment issue
Amount of other preferential allotment
0 0 0
issue during period
Amount of issue allotted for
contracts without payment 0 0 0
received in cash during period
Amount of issue under scheme of
0 0 0
amalgamation during period
Amount of other issues during period 0 0 0
Amount of employee stock option plan
0 0 0
issued during period
Amount of other issue arising out of
conversion of securities during 0 0 0
period
Total aggregate amount of increase in
0 0 0
share capital during period
Decrease in share capital during period
[Abstract]
Decrease in amount of shares bought back 0 0 0
Other decrease in amount of shares 0 0 0
Total decrease in share capital during
0 0 0
period
Total increase (decrease) in share capital 0 0 0
Share capital at end of period 3,30,65,500 3,30,65,500 3,30,65,500 3,30,65,500
Shares in company held by holding company or
ultimate holding company or by its subsidiaries
or associates [Abstract]
Shares in company held by holding company [shares] 0 [shares] 0
Shares in company held by ultimate holding
[shares] 0 [shares] 0
company
holding company
holding company
Total shares in company held by holding company
or ultimate holding company or by its [shares] 0 [shares] 0 [shares] 0
subsidiaries or associates
38
Shares reserved for issue under options

and contracts or commitments for sale of [shares] 0 [shares] 0
shares or disinvestment
Amount of shares reserved for issue under options
and contracts or commitments for sale of shares or 0 0 0
disinvestment
issued pursuant to contracts without [shares] 0 [shares] 0
payment being received in cash
issued by way of bonus shares
Aggregate number of shares bought back [shares] 0 [shares] 0
Original paid-up value of forfeited shares 0 0 0
Details of application money received for
allotment of securities and due for refund and
interest accrued thereon [Abstract]
Application money received for allotment of
securities and due for refund and interest
accrued thereon [Abstract]
refund, principal
refund, interest accrued
Total application money received for
allotment of securities and due for refund 0 0 0
and interest accrued thereon

Equity shares 1
Classes of share capital [Axis]
[Member]
31/03/2013
Reconciliation of number of shares outstanding [Abstract]
Number of shares outstanding at end of period [shares] 33,06,550
Reconciliation of value of shares outstanding [Abstract]
Share capital at end of period 3,30,65,500

01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Textual information (34) Textual information (35)
Disclosure of notes on share capital explanatory [TextBlock] [See below] [See below]
Whether there are any shareholders holding more than five per cent
Yes Yes
shares in company
Whether reduction in capital done during year No No
Whether money raised from public offering during year No No
Disclosure of notes on share capital explanatory [Text Block]

Rights , Preference and Restrictions attached to shares
The equity shares of the company, having par value of Rs. 10/- per share, rank pari pasu in all respects including
entitlement to dividend. Repayment of Capital in the event of winding up of the company will inter alia be subjected to the
provisions of the Article of Association of the Company and as may be determined by the Company in General Meeting,
prior to such winding up.
39
Disclosure of notes on share capital explanatory [Text Block]

Rights , Preference and Restrictions attached to shares
The equity shares of the company, having par value of Rs. 10/- per share, rank pari pasu in all respects including
entitlement to dividend. Repayment of Capital in the event of winding up of the company will inter alia be subjected to the
provisions of the Article of Association of the Company and as may be determined by the Company in General Meeting,
prior to such winding up.
40
[200200] Notes - Reserves and surplus
Statement of changes in reserves [Table] ..(1)

Securities premium
Components of reserves [Axis] Reserves [Member]
account [Member]
01/04/2014 01/04/2013 01/04/2014
to to 31/03/2013 to
31/03/2015 31/03/2014 31/03/2015
Statement of changes in reserves [Abstract]
Statement of changes in reserves [LineItems]
Changes in reserves [Abstract]
Additions to reserves [Abstract]
Profit (loss) for period 3,39,65,660 3,41,56,202 0
Other additions to reserves 20,00,000 20,00,000 0
Total additions to reserves 3,59,65,660 3,61,56,202 0
Deductions to reserves [Abstract]
Securities premium adjusted bonus shares 0 0 0
Securities premium adjusted writing off
0 0 0
preliminary expenses
discount expenses issue shares 0 0 0
debentures
Securities premium adjusted premium
payable redemption preference shares 0 0 0
debentures
Securities premium adjusted purchase
own shares other securities under 0 0 0
section 68
Other utilisation of securities premium if
0 0 0
permitted
Other deductions to reserves 30,26,090 0 0
Total deductions to reserves 30,26,090 0 0
Appropriations for dividend, dividend tax and
general reserve [Abstract]
Dividend appropriation [Abstract]
Interim dividend appropriation [Abstract]
Interim equity dividend appropriation 0 0
Interim preferred dividend
0 0
appropriation
Interim special dividend appropriation 0 0
Total interim dividend appropriation 0 0
Final dividend appropriation [Abstract]
Final equity dividend appropriation 33,06,550 33,06,550
Final preferred dividend appropriation 0 0
Final special dividend appropriation 0 0
Total final dividend appropriation 33,06,550 33,06,550
Total dividend appropriation 33,06,550 33,06,550
Dividend tax appropriation [Abstract]
Equity dividend tax appropriation 2,90,608 5,61,948
Preferred dividend tax appropriation 0 0
Total dividend tax appropriation 2,90,608 5,61,948
Other appropriations 0 0 0
Transfer to general reserve 20,00,000 20,00,000 0
Total appropriations for dividend,
55,97,158 58,68,498 0
dividend tax and general reserve
Appropriation towards bonus shares 0 0 0
Total changes in reserves 2,73,42,412 3,02,87,704 0
Reserves at end of period 28,00,26,094 25,26,83,682 22,23,95,978 1,65,32,250
Venturer's share of post-acquisition reserves
0 0 0
of jointly controlled enterprise
41

Components of reserves [Axis] Securities premium account [Member] Other reserves [Member]
01/04/2013 01/04/2014 01/04/2013
to 31/03/2013 to to
31/03/2014 31/03/2015 31/03/2014
Profit (loss) for period 0 0 0
Other additions to reserves 0 20,00,000 20,00,000
Total additions to reserves 0 20,00,000 20,00,000
Securities premium adjusted bonus shares 0
0
preliminary expenses
discount expenses issue shares 0
debentures
Securities premium adjusted premium
payable redemption preference shares 0
debentures
Securities premium adjusted purchase
own shares other securities under 0
section 68
0 0 0
permitted
Other deductions to reserves 0 30,26,090 0
Total deductions to reserves 0 30,26,090 0
Interim equity dividend appropriation 0 0
0 0
appropriation
Interim special dividend appropriation 0 0
Total interim dividend appropriation 0 0
Final equity dividend appropriation 0 0
Final preferred dividend appropriation 0 0
Final special dividend appropriation 0 0
Total final dividend appropriation 0 0
Total dividend appropriation 0 0
Equity dividend tax appropriation 0 0
Preferred dividend tax appropriation 0 0
Total dividend tax appropriation 0 0
Transfer to general reserve 0 0 0
0 0 0
Total changes in reserves 0 -10,26,090 20,00,000
0 0 0
42

Other reserves
Components of reserves [Axis] Amalgamation reserve [Member]
[Member]
01/04/2014 01/04/2013
31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014
Profit (loss) for period 0 0
Other additions to reserves 0 0
Total additions to reserves 0 0
0 0
permitted
Other deductions to reserves 0 0
Total deductions to reserves 0 0
Other appropriations 0 0
Transfer to general reserve 0 0
0 0
Appropriation towards bonus shares 0 0
Total changes in reserves 0 0
0 0
43

Components of reserves [Axis] General reserve [Member] Surplus [Member]
01/04/2014 01/04/2013 01/04/2014
to to 31/03/2013 to
31/03/2015 31/03/2014 31/03/2015
Profit (loss) for period 0 0 3,39,65,660
Other additions to reserves 20,00,000 20,00,000 0
Total additions to reserves 20,00,000 20,00,000 3,39,65,660
0 0 0
permitted
Other deductions to reserves 30,26,090 0 0
Total deductions to reserves 30,26,090 0 0
Interim equity dividend appropriation 0 0 0
0 0 0
appropriation
Interim special dividend appropriation 0 0 0
Total interim dividend appropriation 0 0 0
Final equity dividend appropriation 0 0 33,06,550
Final preferred dividend appropriation 0 0 0
Final special dividend appropriation 0 0 0
Total final dividend appropriation 0 0 33,06,550
Total dividend appropriation 0 0 33,06,550
Equity dividend tax appropriation 0 0 2,90,608
Preferred dividend tax appropriation 0 0 0
Total dividend tax appropriation 0 0 2,90,608
Transfer to general reserve 0 0 20,00,000
0 0 55,97,158
Total changes in reserves -10,26,090 20,00,000 2,83,68,502
0 0 0
44

Components of reserves [Axis] Surplus [Member]
01/04/2013
to 31/03/2013
31/03/2014
Profit (loss) for period 3,41,56,202
Other additions to reserves 0
Total additions to reserves 3,41,56,202
Other utilisation of securities premium if permitted 0
Other deductions to reserves 0
Total deductions to reserves 0
Appropriations for dividend, dividend tax and general reserve [Abstract]
Interim equity dividend appropriation 0
Interim preferred dividend appropriation 0
Interim special dividend appropriation 0
Total interim dividend appropriation 0
Final equity dividend appropriation 33,06,550
Final preferred dividend appropriation 0
Final special dividend appropriation 0
Total final dividend appropriation 33,06,550
Total dividend appropriation 33,06,550
Equity dividend tax appropriation 5,61,948
Preferred dividend tax appropriation 0
Total dividend tax appropriation 5,61,948
Other appropriations 0
Transfer to general reserve 20,00,000
Total appropriations for dividend, dividend tax and general reserve 58,68,498
Appropriation towards bonus shares 0
Total changes in reserves 2,82,87,704
Reserves at end of period 16,32,47,540 13,49,59,836
Venturer's share of post-acquisition reserves of jointly controlled enterprise 0
45
[200300] Notes - Borrowings
Classification of borrowings [Table] ..(1)

Classification based on time period [Axis] Long-term [Member]
Classification of borrowings [Axis] Borrowings [Member]
Subclassification of borrowings [Axis] Secured borrowings [Member] Unsecured borrowings [Member]
01/04/2014
01/04/2013
to 31/03/2015 31/03/2014
to
31/03/2014
31/03/2015
Borrowings notes [Abstract]
Details of borrowings [Abstract]
Details of borrowings [LineItems]
Borrowings 67,48,860 18,25,46,032 98,27,634 4,52,01,942
Nature of security [Abstract]
Charge on the entire fixed asset,
Charge on Hypothetication of vehicle, from
Nature of security the entire Financial institution is secured by
fixed asset insurance policies taken on the
keyman of the company.
Textual
information
Terms of repayment of term loans and other loans (36) [See
below]

Classification of borrowings [Axis] Term loans [Member] Term loans from banks [Member]
Subclassification of borrowings [Axis] Secured borrowings [Member] Secured borrowings [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Borrowings 67,48,860 1,80,17,088 67,48,860 1,80,17,088
Charge on the entire Charge on the entire Charge on the entire Charge on the entire
Nature of security fixed asset fixed asset fixed asset fixed asset
Textual information Textual information
Terms of repayment of term loans and other loans (37) [See below] (38) [See below]

Classification of borrowings [Axis] Rupee term loans from banks [Member] Deferred payment liabilities [Member]
01/04/2014 01/04/2013
to to 31/03/2015 31/03/2014
31/03/2015 31/03/2014
Borrowings 67,48,860 1,80,17,088 98,27,634 1,52,01,942
Charge on the entire Charge on the entire
Nature of security fixed asset fixed asset
Textual information
Terms of repayment of term loans and other loans (39) [See below]
46

Loans and
Loans and
advances from
Classification of borrowings [Axis] Deferred sales tax loan [Member] advances from
related parties
directors [Member]
[Member]
Unsecured Unsecured
Subclassification of borrowings [Axis] Unsecured borrowings [Member] borrowings borrowings
[Member] [Member]
31/03/2015 31/03/2014 31/03/2014 31/03/2014
Borrowings 98,27,634 1,52,01,942 3,00,00,000 3,00,00,000

Classification based on time period [Axis] Long-term [Member] Short-term [Member]
Other loans and
Other loans and
Classification of borrowings [Axis] advances, others Borrowings [Member]
advances [Member]
[Member]
Secured Secured
Subclassification of borrowings [Axis] borrowings borrowings Secured borrowings [Member]
[Member] [Member]
01/04/2013 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2014 31/03/2014 31/03/2015 31/03/2014
Borrowings 16,45,28,944 16,45,28,944 33,25,10,885 33,64,07,444
Hypothetication of Hypothetication of
vehicle, from vehicle, from
Financial institution Financial institution
hypothetication of hypothetication of
Nature of security is secured by is secured by
inventory inventory
insurance policies insurance policies
taken on the keyman taken on the keyman
of the company. of the company.

Classification based on time period [Axis] Short-term [Member]
Classification of borrowings [Axis] Borrowings [Member] Loans repayable on demand [Member]
Subclassification of borrowings [Axis] Unsecured borrowings [Member] Secured borrowings [Member]
01/04/2014 01/04/2013
31/03/2015 31/03/2014 to to
31/03/2015 31/03/2014
Borrowings 2,78,50,000 2,32,85,256 33,25,10,885 33,64,07,444
Nature of security inventory inventory
47

Loans repayable on demand from banks Loans and advances from related parties
Classification of borrowings [Axis]
[Member] [Member]
01/04/2014 01/04/2013
to to 31/03/2015 31/03/2014
31/03/2015 31/03/2014
Borrowings 33,25,10,885 33,64,07,444 2,78,50,000 2,32,85,256
Nature of security inventory inventory

Loans and
Loans and advances from directors
Classification of borrowings [Axis] advances from
[Member]
others [Member]
Unsecured
Subclassification of borrowings [Axis] Unsecured borrowings [Member] borrowings
[Member]
31/03/2015 31/03/2014 31/03/2014
Borrowings 2,78,50,000 56,50,000 1,76,35,256

01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Disclosure of notes on borrowings explanatory [TextBlock] [See below] [See below]
Share long-term borrowings joint ventures 0 0
Share short-term borrowings joint ventures 0 0
Terms of repayment of term loans and other loans

1) Term loan outstanding for purchase of Plant & Machinery from Kotak Mahindra Bank Ltd Rs. 2.50 Crore sanctioned on 13.06.14 at BR+3% is
repayable in 27 monthly installments of Rs. 9,33,333/- along with interest as applied for the month. 2) Term loan outstanding for purchase of
vehicle from Union Bank of India sanctioned at rate of 10.7% is repayable till March 2019 with monthly equated installments of Rs. 16562/-. 3)
Term loan outstanding for purchase of vehicle from Union Bank of India sanctioned at rate of 10.95% is repayable till Dec-15 with monthly
equated installments of Rs. 8377/-. 4) Term loan outstanding for purchase of vehicle from Union Bank of India sanctioned at rate of 11% is
repayable till Nov-15 with monthly equated installments of Rs. 36000/-

48


49
Disclosure of notes on borrowings explanatory [Text Block]
1 Long Term Bowworing
Securities offered for Term loan from banks:
1) Term loan on machinery is secured by charge on the entire fixed

asset of the company. It is collaterally secured by equitable mortgage of
Plant & Machinery of the company situated at Plot No. T-47/48, Land &
Building at Plot No. T-47/48 and personal guarantee of promoter
directors Mr. Kirit Joshi and Vivek Deshpande
2) Term loan taken for purchase of vehicle is secured by hypothetication

of vehicle purchased by the company.
From Financial institution

is secured by insurance policies taken on the keyman of the company.
Terms of Repayment of outstanding borrowings are as follows:
1) Term loan outstanding for purchase of Plant & Machinery from Kotak
Mahindra Bank Ltd Rs. 2.50 Crore sanctioned on 13.06.14 at BR+3% is
repayable in 27 monthly installments of Rs. 9,33,333/- along with interest
as applied for the month.
2) Term loan outstanding for purchase of vehicle from Union Bank of

India sanctioned at rate of 10.7% is repayable till March 2019 with
monthly equated installments of Rs. 16562/-

India sanctioned at rate of 10.95% is repayable till Dec-15 with monthly
equated installments of Rs. 8377/-

India sanctioned at rate of 11% is repayable till Nov-15 with monthly
equated installments of Rs. 36000/-
5) Repayment of interest free Term loan under sales tax deferred

scheme is as under:
50
Scheme Scheme
Year
(1999-2009) (2003-2013)
2015 ? 2016 2,004,507 3,369,800
2016 ? 2017 519,077 3,369,800
2017 ? 2018 3,369,799

-
2018 ? 2019 2,568,959

-
2,523,584 12,678,358
2. Short Term Bowworing
Indian currency loan from banks:

Working Capital is secured by hypothetication of inventory cum book debts/current assets of the company. It is collaterally
secured by equitable mortgage of Plant & Machinery of the company and Land & Building at Plot No. T-47/48 and personal
personal guarantee of promoter directors of the company.
Working capital limit of Rs. 22 Crore from Union bank is sanctioned at BR+2.50% and 10.50 Crore from Kotak Mahindra Bank
at BR+2.25%.
Foreign currency loan from banks:

The company has availed Buyer's Credit facility from banks at LIBOR + 3%.
The company does not have any continuing defaults in repayment of loans and interest as at the reporting date.
51
Disclosure of notes on borrowings explanatory [Text Block]
1 Long Term Borrowings
Securities offered for Term loan from banks:
1) Term loan on machinery is secured by charge on the entire fixed asset

of the company. It is collaterally secured by equitable mortgage of Plant &
Machinery of the company situated at Plot No. T-47 &48, Land & Building
at Plot No. T-47 & T-48 & personal guarantee of promoter directors Mr.
Kirit Joshi and Vivek Deshpande.
2) Term loan taken for purchase of vehicle is secured by hypothetication

of vehicle purchased by the company.
From Financial institution

is secured by insurance policies taken on the keyman of the company.
3) Term loan outstanding for purchase of vehicle from Union Bank of India
sanctioned is repayable in 36 monthly equated installments of Rs.
30,004/-
4) Repayment of Term loan under sales tax deferred scheme is as under:
Scheme Scheme
Year
(1999-2009) (2003-2013)
2014 ? 2015 2,331,198 3,369,801
2015 ? 2016 2,004,507 3,369,800
2016 ? 2017 519,077 3,369,800
2017 ? 2018 3,369,799

-
2018 ? 2019 2,568,959

-
52
4,854,782 16,048,159
2. Short Term Borrowings
From Banks:
Working Capital is secured by hypothetication of inventory cum book debts/current assets of the company. It is collaterally
secured by equitable mortgage of Plant & Machinery of the company and Land & Building at Plot No. T-47 & T-48 and
personal personal guarantee of promoter directors of the company.
[201000] Notes - Tangible assets
Disclosure of additional information tangible assets [Table] ..(1)

Classes of tangible assets [Axis] Company total tangible assets [Member]
Owned and leased assets
Sub classes of tangible assets [Axis] Assets held under lease [Member] Owned assets [Member]
[Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of additional information
tangible assets [Abstract]
tangible assets [LineItems]
WDV, WDV, WDV, WDV,
WDV, WDV, WDV, WDV,
WDV, WDV, WDV, WDV,
Depreciation method tangible assets WDV, WDV, WDV, WDV,
WDV WDV, WDV WDV, WDV, WDV, WDV,
WDV, WDV WDV, WDV
WDV WDV, WDV
30 years, 60 0%, 10%, 10%, 10%, 10%,
30 years, 60 years,
Useful lives or depreciation rates years, 25 years, 13.91%, 13.91%, 13.91%, 40%,
25 years 0%, 13.91% 25 years, 3 years, 8
tangible assets 25 years, 3 years, 40%, 25.89%, 25.89%,
years, 10 years
8 years, 10 years 18.01% 18.01%
Tangible assets carrying amount
30,26,100 0 11,24,140 0 19,01,960 0
of assets retired from active use

Classes of tangible assets [Axis] Land [Member] Buildings [Member]
[Member]
01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to 31/03/2015 to to to to
31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
Depreciation method tangible assets WDV WDV WDV, WDV WDV, WDV
Useful lives or depreciation rates
0% 0% 30 years, 60 years 10%, 10%
tangible assets
0 0 0 0 0 0
53

Classes of tangible assets [Axis] Factory building [Member] Other building [Member]
Owned and leased assets Owned and leased assets
Sub classes of tangible assets [Axis] Owned assets [Member]
[Member] [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
Depreciation method tangible assets WDV WDV WDV WDV WDV WDV
30 years 10% 30 years 10% 60 years 10%
tangible assets
0 0 0 0 0 0

Classes of tangible assets [Axis] Other building [Member] Plant and equipment [Member]
Sub classes of tangible assets [Axis] Owned assets [Member] Assets held under lease [Member] Owned assets [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
60 years 10% 25 years 13.91% 25 years 13.91%
tangible assets
0 0 11,24,140 0 9,47,640 0

Classes of tangible assets [Axis] Other plant and equipment [Member]
[Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
Depreciation method tangible assets WDV, WDV WDV, WDV WDV WDV WDV WDV
Useful lives or depreciation rates 25 years, 25
13.91%, 13.91% 25 years 13.91% 25 years 13.91%
tangible assets years
20,71,780 0 11,24,140 0 9,47,640 0
54

Classes of tangible assets [Axis] Furniture and fixtures [Member] Vehicles [Member]
Sub classes of tangible assets [Axis] Owned assets [Member] Owned assets [Member]
[Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
10 years 18.01% 10 years 18.01% 8 years 25.89%
tangible assets
44,343 0 44,343 0 1,74,732 0

Computer equipments
Classes of tangible assets [Axis] Motor vehicles [Member]
[Member]
Owned and leased assets Owned and leased assets
[Member] [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
8 years 25.89% 8 years 25.89% 3 years 40%
tangible assets
1,74,732 0 1,74,732 0 7,35,245 0

Classes of tangible assets [Axis] Computer equipments [Member]
01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Disclosure of additional information tangible assets [Abstract]
Disclosure of additional information tangible assets [LineItems]
Depreciation method tangible assets WDV WDV
Useful lives or depreciation rates tangible assets 3 years 40%
Tangible assets carrying amount of assets retired from active use 7,35,245 0
55
Disclosure of tangible assets [Table] ..(1)

Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross
Carrying amount [Member] Gross carrying amount [Member]
carrying amount [Axis]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets
[LineItems]
Reconciliation of changes in
Changes in tangible assets
[Abstract]
Additions other than through
business combinations tangible 31,61,740 1,22,29,006 31,61,740 1,22,29,006
assets
Acquisitions through
business combinations 0 0 0 0
tangible assets
Depreciation tangible assets -2,41,08,763 -2,98,55,146
Impairment loss
recognised in profit or 0 0
loss tangible assets
Reversal of impairment loss
recognised in profit or loss 0 0
tangible assets
Revaluation increase
0 0 0 0
(decrease) tangible assets
Disposals tangible assets
[Abstract]
26,18,148 -7,61,840 1,88,92,460 0
through demergers
Disposals tangible assets,
4,33,110 8,36,392 4,33,110 8,36,392
others
Total disposals tangible
30,51,258 74,552 1,93,25,570 8,36,392
assets
Other adjustments tangible
assets [Abstract]
Increase (decrease) through
net exchange differences 0 0 0 0
tangible assets
0 0 0 0
assets, others
Total other adjustments
0 0 0 0
tangible assets
Total changes in tangible
-2,39,98,281 -1,77,00,692 -1,61,63,830 1,13,92,614
assets
Tangible assets at end of period 27,99,05,341 30,39,03,622 32,16,04,314 50,32,68,336 51,94,32,166 50,80,39,552
56

Sub classes of tangible assets [Axis] Owned and leased assets [Member] Assets held under lease [Member]
Carrying amount accumulated depreciation and gross Accumulated depreciation and impairment
Carrying amount [Member]
carrying amount [Axis] [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
business combinations tangible 0 46,77,431
assets
business combinations 0 0
tangible assets
Depreciation tangible assets 2,41,08,763 2,98,55,146 0 -9,17,990
Impairment loss
recognised in profit or 0 0 0 0
recognised in profit or loss 0 0 0 0
tangible assets
0 0
[Abstract]
1,62,74,312 7,61,840 0 0
through demergers
0 0 0 0
others
1,62,74,312 7,61,840 0 0
assets
assets [Abstract]
net exchange differences 0 0
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
78,34,451 2,90,93,306 0 37,59,441
assets
57

Sub classes of tangible assets [Axis] Assets held under lease [Member]
Gross carrying amount [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Depreciation tangible assets 0 9,17,990
Impairment loss
tangible assets
0 0
[Abstract]
0 0 0 0
through demergers
0 0 0 0
others
0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
0 46,77,431 0 9,17,990
assets
Tangible assets at end of period 10,21,59,530 10,21,59,530 9,74,82,099 62,14,491 62,14,491 52,96,501
58

01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
business combinations tangible 31,61,740 75,51,575 31,61,740 75,51,575
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
26,18,148 -7,61,840 1,88,92,460 0
through demergers
4,33,110 8,36,392 4,33,110 8,36,392
others
30,51,258 74,552 1,93,25,570 8,36,392
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
-2,39,98,281 -2,14,60,133 -1,61,63,830 67,15,183
assets
59

Classes of tangible assets [Axis] Company total tangible assets [Member] Land [Member]
Sub classes of tangible assets [Axis] Owned assets [Member] Owned and leased assets [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Depreciation tangible assets 2,41,08,763 2,89,37,156 0 0
Impairment loss
tangible assets
0 0
[Abstract]
1,62,74,312 7,61,840 0 0
through demergers
0 0 0 0
others
1,62,74,312 7,61,840 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
78,34,451 2,81,75,316 0 46,77,431
assets
60

Classes of tangible assets [Axis] Land [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Depreciation tangible assets 0 0
Impairment loss
tangible assets
0 0
[Abstract]
0 0 0 0
through demergers
0 0 0 0
others
0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
0 46,77,431 0 0
assets
Tangible assets at end of period 9,02,63,535 9,02,63,535 8,55,86,104 0 0 0
61

Classes of tangible assets [Axis] Land [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
business combinations tangible 0 46,77,431 0 46,77,431
assets
tangible assets
Depreciation tangible assets 0 0
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0
through demergers
0 0 0 0
others
0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
0 46,77,431 0 46,77,431
assets
62

Classes of tangible assets [Axis] Land [Member] Buildings [Member]
Sub classes of tangible assets [Axis] Assets held under lease [Member] Owned and leased assets [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
business combinations tangible 7,15,487 21,06,540
assets
tangible assets
Depreciation tangible assets 0 0 -80,52,955 -1,12,35,801
Impairment loss
tangible assets
0 0
[Abstract]
0 0 0 0
through demergers
0 0 0 0
others
0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
0 0 -73,37,468 -91,29,261
assets
Tangible assets at end of period 0 0 0 9,55,17,646 10,28,55,114 11,19,84,375
63

Classes of tangible assets [Axis] Buildings [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Depreciation tangible assets 80,52,955 1,12,35,801
Impairment loss
tangible assets
0 0
[Abstract]
0 0 0 0
through demergers
0 0 0 0
others
0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
7,15,487 21,06,540 80,52,955 1,12,35,801
assets
64

Classes of tangible assets [Axis] Buildings [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Depreciation tangible assets -80,52,955 -1,12,35,801
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0
through demergers
0 0 0 0
others
0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
-73,37,468 -91,29,261 7,15,487 21,06,540
assets
65

Classes of tangible assets [Axis] Buildings [Member] Factory building [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Depreciation tangible assets 80,52,955 1,12,35,801 -62,77,046 -70,73,265
Impairment loss
tangible assets
0 0
[Abstract]
0 0 0 0
through demergers
0 0 0 0
others
0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
80,52,955 1,12,35,801 -55,61,559 -49,66,725
assets
66

Classes of tangible assets [Axis] Factory building [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Depreciation tangible assets 62,77,046 70,73,265
Impairment loss
tangible assets
0 0
[Abstract]
0 0 0 0
through demergers
0 0 0 0
others
0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
7,15,487 21,06,540 62,77,046 70,73,265
assets
67

Classes of tangible assets [Axis] Factory building [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Depreciation tangible assets -62,77,046 -70,73,265
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0
through demergers
0 0 0 0
others
0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
-55,61,559 -49,66,725 7,15,487 21,06,540
assets
68

Classes of tangible assets [Axis] Factory building [Member] Other building [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
business combinations tangible 0 0
assets
tangible assets
Depreciation tangible assets 62,77,046 70,73,265 -17,75,909 -41,62,536
Impairment loss
tangible assets
0 0
[Abstract]
0 0 0 0
through demergers
0 0 0 0
others
0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
62,77,046 70,73,265 -17,75,909 -41,62,536
assets
69

Classes of tangible assets [Axis] Other building [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0
[Abstract]
0 0 0 0
through demergers
0 0 0 0
others
0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
0 0 17,75,909 41,62,536
assets
70

Classes of tangible assets [Axis] Other building [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
business combinations tangible 0 0 0 0
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0
through demergers
0 0 0 0
others
0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
-17,75,909 -41,62,536 0 0
assets
71

Classes of tangible assets [Axis] Other building [Member] Plant and equipment [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Depreciation tangible assets 17,75,909 41,62,536 -1,32,86,631 -1,67,20,069
Impairment loss
tangible assets
0 0
[Abstract]
0 0 20,71,780 0
through demergers
0 0 0 0
others
0 0 20,71,780 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
17,75,909 41,62,536 -1,46,78,444 -1,31,82,762
assets
Tangible assets at end of period 91,17,734 73,41,825 31,79,289 8,99,21,522 10,45,99,966 11,77,82,728
72

Classes of tangible assets [Axis] Plant and equipment [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Depreciation tangible assets 1,32,86,631 1,67,20,069
Impairment loss
tangible assets
0 0
[Abstract]
76,09,345 0 55,37,565 0
through demergers
0 0 0 0
others
76,09,345 0 55,37,565 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
-69,29,378 35,37,307 77,49,066 1,67,20,069
assets
73

01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
business combinations tangible 0 0 0 0
assets
tangible assets
Depreciation tangible assets 0 -9,17,990
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0
through demergers
0 0 0 0
others
0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
0 -9,17,990 0 0
assets
74

01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Depreciation tangible assets 0 9,17,990 -1,32,86,631 -1,58,02,079
Impairment loss
tangible assets
0 0
[Abstract]
0 0 20,71,780 0
through demergers
0 0 0 0
others
0 0 20,71,780 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
0 9,17,990 -1,46,78,444 -1,22,64,772
assets
75

01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Depreciation tangible assets 1,32,86,631 1,58,02,079
Impairment loss
tangible assets
0 0
[Abstract]
76,09,345 0 55,37,565 0
through demergers
0 0 0 0
others
76,09,345 0 55,37,565 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
-69,29,378 35,37,307 77,49,066 1,58,02,079
assets
76

01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
20,71,780 0 76,09,345 0
through demergers
0 0 0 0
others
20,71,780 0 76,09,345 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
-1,46,78,444 -1,31,82,762 -69,29,378 35,37,307
assets
77

Sub classes of tangible assets [Axis] Owned and leased assets [Member] Assets held under lease [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Depreciation tangible assets 1,32,86,631 1,67,20,069 0 -9,17,990
Impairment loss
tangible assets
0 0
[Abstract]
55,37,565 0 0 0
through demergers
0 0 0 0
others
55,37,565 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
77,49,066 1,67,20,069 0 -9,17,990
assets
78

01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Depreciation tangible assets 0 9,17,990
Impairment loss
tangible assets
0 0
[Abstract]
0 0 0 0
through demergers
0 0 0 0
others
0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
0 0 0 9,17,990
assets
79

01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
20,71,780 0 76,09,345 0
through demergers
0 0 0 0
others
20,71,780 0 76,09,345 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
-1,46,78,444 -1,22,64,772 -69,29,378 35,37,307
assets
80

Classes of tangible assets [Axis] Other plant and equipment [Member] Furniture and fixtures [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Depreciation tangible assets 1,32,86,631 1,58,02,079 -7,98,068 -3,67,385
Impairment loss
tangible assets
0 0
[Abstract]
55,37,565 0 44,342 0
through demergers
0 0 0 0
others
55,37,565 0 44,342 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
77,49,066 1,58,02,079 -47,264 31,288
assets
81

Classes of tangible assets [Axis] Furniture and fixtures [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0
[Abstract]
3,79,217 0 3,34,875 0
through demergers
0 0 0 0
others
3,79,217 0 3,34,875 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
4,15,929 3,98,673 4,63,193 3,67,385
assets
Tangible assets at end of period 46,68,385 42,52,456 38,53,783 27,19,050 22,55,857 18,88,472
82

Classes of tangible assets [Axis] Furniture and fixtures [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
44,342 0 3,79,217 0
through demergers
0 0 0 0
others
44,342 0 3,79,217 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
-47,264 31,288 4,15,929 3,98,673
assets
83

Classes of tangible assets [Axis] Furniture and fixtures [Member] Vehicles [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0
[Abstract]
3,34,875 0 -2,33,219 -7,61,840
through demergers
0 0 4,33,110 8,36,392
others
3,34,875 0 1,99,891 74,552
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
4,63,193 3,67,385 -10,27,932 3,90,390
assets
84

Classes of tangible assets [Axis] Vehicles [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0
[Abstract]
20,26,532 0 22,59,751 7,61,840
through demergers
4,33,110 8,36,392 0 0
others
24,59,642 8,36,392 22,59,751 7,61,840
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
-24,59,642 1,41,896 -14,31,710 -2,48,494
assets
85

Classes of tangible assets [Axis] Vehicles [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
-2,33,219 -7,61,840 20,26,532 0
through demergers
4,33,110 8,36,392 4,33,110 8,36,392
others
1,99,891 74,552 24,59,642 8,36,392
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
-10,27,932 3,90,390 -24,59,642 1,41,896
assets
86

Classes of tangible assets [Axis] Vehicles [Member] Motor vehicles [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0
[Abstract]
22,59,751 7,61,840 -2,33,219 -7,61,840
through demergers
0 0 4,33,110 8,36,392
others
22,59,751 7,61,840 1,99,891 74,552
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
-14,31,710 -2,48,494 -10,27,932 3,90,390
assets
87

01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0
[Abstract]
20,26,532 0 22,59,751 7,61,840
through demergers
4,33,110 8,36,392 0 0
others
24,59,642 8,36,392 22,59,751 7,61,840
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
-24,59,642 1,41,896 -14,31,710 -2,48,494
assets
88

01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
-2,33,219 -7,61,840 20,26,532 0
through demergers
4,33,110 8,36,392 4,33,110 8,36,392
others
1,99,891 74,552 24,59,642 8,36,392
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
-10,27,932 3,90,390 -24,59,642 1,41,896
assets
89

Classes of tangible assets [Axis] Motor vehicles [Member] Computer equipments [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0
[Abstract]
22,59,751 7,61,840 7,35,245 0
through demergers
0 0 0 0
others
22,59,751 7,61,840 7,35,245 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
-14,31,710 -2,48,494 -9,07,173 -4,87,778
assets
90

01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0
[Abstract]
88,77,366 0 81,42,121 0
through demergers
0 0 0 0
others
88,77,366 0 81,42,121 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
-79,06,226 5,30,767 -69,99,053 10,18,545
assets
Tangible assets at end of period 30,26,915 1,09,33,141 1,04,02,374 21,50,467 91,49,520 81,30,975
91

01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
7,35,245 0 88,77,366 0
through demergers
0 0 0 0
others
7,35,245 0 88,77,366 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
-9,07,173 -4,87,778 -79,06,226 5,30,767
assets
Tangible assets at end of period 8,76,448 17,83,621 22,71,399 30,26,915 1,09,33,141 1,04,02,374
92

Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
01/04/2014 01/04/2013
to to 31/03/2013
31/03/2015 31/03/2014
Disclosure of tangible assets [LineItems]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss
0 0
tangible assets
Disposals tangible assets [Abstract]
Disposals tangible assets through demergers 81,42,121 0
Disposals tangible assets, others 0 0
Total disposals tangible assets 81,42,121 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets -69,99,053 10,18,545
Tangible assets at end of period 21,50,467 91,49,520 81,30,975
[201100] Notes - Intangible assets
Disclosure of additional information intangible assets [Table] ..(1)

Classes of intangible assets [Axis] Company total intangible assets [Member] Goodwill [Member]
Internally generated and other
Intangible assets other than Intangible assets other than
Sub classes of intangible assets [Axis] than internally generated
internally generated [Member] internally generated [Member]
intangible assets [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
intangible assets [Abstract]
intangible assets [LineItems]
Useful lives or amortization rates
20%, 40%, 25% 20%, 40% 20%, 40%, 25% 20%, 40% 20% 20%
intangible assets
Description of amortization method
WDV, WDV, WDV WDV, WDV WDV, WDV, WDV WDV, WDV WDV WDV
used

Classes of intangible assets [Axis] Goodwill on consolidation subsidiaries [Member] Computer software [Member]
Internally generated and other Internally generated and other
Intangible assets other than
Sub classes of intangible assets [Axis] than internally generated than internally generated
internally generated [Member]
intangible assets [Member] intangible assets [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
intangible assets [LineItems]
Useful lives or amortization rates
20% 20% 20% 20% 40% 40%
intangible assets
Description of amortization method
WDV WDV WDV WDV WDV WDV
used
93

Other intangible Other intangible assets, others
Classes of intangible assets [Axis] Computer software [Member]
assets [Member] [Member]
Internally
Intangible assets generated and Intangible assets
other than other than other than
Intangible assets other than
Sub classes of intangible assets [Axis] internally internally internally
internally generated [Member]
generated generated generated
[Member] intangible assets [Member]
[Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2014 01/04/2014
to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2015 31/03/2015
Disclosure of additional information intangible assets
[Abstract]
Disclosure of additional information intangible
assets [LineItems]
Useful lives or amortization rates intangible
40% 40% 25% 25% 25%
assets
Description of amortization method used WDV WDV WDV WDV WDV
94
Disclosure of intangible assets [Table] ..(1)

Classes of intangible assets [Axis] Company total intangible assets [Member]
Sub classes of intangible assets [Axis] Internally generated and other than internally generated intangible assets [Member]
Carrying amount accumulated amortization and
impairment and gross carrying amount [Axis]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets
[LineItems]
Changes in intangible assets
[Abstract]
Additions to intangible assets
[Abstract]
Additions through internal
17,48,410 1,35,976 17,48,410 1,35,976
development
intangible assets
intangible assets
Total additions to
17,48,410 1,35,976 17,48,410 1,35,976
intangible assets
Amortization intangible assets -9,28,989 -9,00,308
Impairment loss
loss intangible assets
intangible assets
0 0 0 0
(decrease) intangible assets
Disposals intangible assets
[Abstract]
Disposals intangible
0 0 0 0
assets through demergers
0 39,880 0 48,500
assets, others
Total disposals intangible
0 39,880 0 48,500
assets
Retirements of intangible
0 0 0 0
assets
Other adjustments intangible
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0
intangible assets, others
0 0 0 0
intangible assets
Total changes in intangible
8,19,421 -8,04,212 17,48,410 87,476
assets
Intangible assets at end of period 23,89,278 15,69,857 23,74,069 70,23,708 52,75,298 51,87,822
95

Internally generated and other than internally Intangible assets other than internally generated
Sub classes of intangible assets [Axis]
generated intangible assets [Member] [Member]
Carrying amount accumulated amortization and Accumulated amortization and impairment
impairment and gross carrying amount [Axis] [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
[Abstract]
17,48,410 1,35,976
development
intangible assets
intangible assets
Total additions to
17,48,410 1,35,976
intangible assets
Amortization intangible assets 9,28,989 9,00,308 -9,28,989 -9,00,308
Impairment loss
intangible assets
0 0
[Abstract]
0 0 0 0
0 8,620 0 39,880
assets, others
0 8,620 0 39,880
assets
0 0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0
0 0 0 0
intangible assets
9,28,989 8,91,688 8,19,421 -8,04,212
assets
96

Sub classes of intangible assets [Axis] Intangible assets other than internally generated [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
[Abstract]
17,48,410 1,35,976
development
intangible assets
intangible assets
Total additions to
17,48,410 1,35,976
intangible assets
Amortization intangible assets 9,28,989 9,00,308
Impairment loss
intangible assets
0 0
[Abstract]
0 0 0 0
0 48,500 0 8,620
assets, others
0 48,500 0 8,620
assets
0 0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0
0 0 0 0
intangible assets
17,48,410 87,476 9,28,989 8,91,688
assets
97

Classes of intangible assets [Axis] Goodwill [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
[Abstract]
0 0 0 0
development
intangible assets
intangible assets
Total additions to
0 0 0 0
intangible assets
Amortization intangible assets -80,484 -80,484
Impairment loss
intangible assets
0 0 0 0
[Abstract]
0 0 0 0
0 0 0 0
assets, others
0 0 0 0
assets
0 0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0
0 0 0 0
intangible assets
-80,484 -80,484 0 0
assets
98

01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
[Abstract]
0 0
development
intangible assets
intangible assets
Total additions to
0 0
intangible assets
Amortization intangible assets 80,484 80,484 -80,484 -80,484
Impairment loss
intangible assets
0 0
[Abstract]
0 0 0 0
0 0 0 0
assets, others
0 0 0 0
assets
0 0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0
0 0 0 0
intangible assets
80,484 80,484 -80,484 -80,484
assets
99

01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
[Abstract]
0 0
development
intangible assets
intangible assets
Total additions to
0 0
intangible assets
Amortization intangible assets 80,484 80,484
Impairment loss
intangible assets
0 0
[Abstract]
0 0 0 0
0 0 0 0
assets, others
0 0 0 0
assets
0 0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0
0 0 0 0
intangible assets
0 0 80,484 80,484
assets
100

Classes of intangible assets [Axis] Goodwill on consolidation subsidiaries [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
[Abstract]
0 0 0 0
development
intangible assets
intangible assets
Total additions to
0 0 0 0
intangible assets
Amortization intangible assets -80,484 -80,484
Impairment loss
intangible assets
0 0 0 0
[Abstract]
0 0 0 0
0 0 0 0
assets, others
0 0 0 0
assets
0 0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0
0 0 0 0
intangible assets
-80,484 -80,484 0 0
assets
101

01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
[Abstract]
0 0
development
intangible assets
intangible assets
Total additions to
0 0
intangible assets
Amortization intangible assets 80,484 80,484 -80,484 -80,484
Impairment loss
intangible assets
0 0
[Abstract]
0 0 0 0
0 0 0 0
assets, others
0 0 0 0
assets
0 0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0
0 0 0 0
intangible assets
80,484 80,484 -80,484 -80,484
assets
102

01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
[Abstract]
0 0
development
intangible assets
intangible assets
Total additions to
0 0
intangible assets
Amortization intangible assets 80,484 80,484
Impairment loss
intangible assets
0 0
[Abstract]
0 0 0 0
0 0 0 0
assets, others
0 0 0 0
assets
0 0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0
0 0 0 0
intangible assets
0 0 80,484 80,484
assets
103

01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
[Abstract]
48,410 1,35,976 48,410 1,35,976
development
intangible assets
intangible assets
Total additions to
48,410 1,35,976 48,410 1,35,976
intangible assets
Amortization intangible assets -5,08,505 -8,19,824
Impairment loss
intangible assets
0 0 0 0
[Abstract]
0 0 0 0
0 39,880 0 48,500
assets, others
0 39,880 0 48,500
assets
0 0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0
0 0 0 0
intangible assets
-4,60,095 -7,23,728 48,410 87,476
assets
104

01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
[Abstract]
48,410 1,35,976
development
intangible assets
intangible assets
Total additions to
48,410 1,35,976
intangible assets
Amortization intangible assets 5,08,505 8,19,824 -5,08,505 -8,19,824
Impairment loss
intangible assets
0 0
[Abstract]
0 0 0 0
0 8,620 0 39,880
assets, others
0 8,620 0 39,880
assets
0 0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0
0 0 0 0
intangible assets
5,08,505 8,11,204 -4,60,095 -7,23,728
assets
105

01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
[Abstract]
48,410 1,35,976
development
intangible assets
intangible assets
Total additions to
48,410 1,35,976
intangible assets
Amortization intangible assets 5,08,505 8,19,824
Impairment loss
intangible assets
0 0
[Abstract]
0 0 0 0
0 48,500 0 8,620
assets, others
0 48,500 0 8,620
assets
0 0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0
0 0 0 0
intangible assets
48,410 87,476 5,08,505 8,11,204
assets
106

Classes of intangible assets [Axis] Other intangible assets [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
[Abstract]
17,00,000 0 17,00,000 0
development
intangible assets
intangible assets
Total additions to
17,00,000 0 17,00,000 0
intangible assets
Amortization intangible assets -3,40,000 0
Impairment loss
intangible assets
0 0 0 0
[Abstract]
0 0 0 0
0 0 0 0
assets, others
0 0 0 0
assets
0 0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0
0 0 0 0
intangible assets
13,60,000 0 17,00,000 0
assets
Intangible assets at end of period 13,60,000 0 0 17,00,000 0 0
107

01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
[Abstract]
17,00,000 0
development
intangible assets
intangible assets
Total additions to
17,00,000 0
intangible assets
Amortization intangible assets 3,40,000 0 -3,40,000 0
Impairment loss
intangible assets
0 0
[Abstract]
0 0 0 0
0 0 0 0
assets, others
0 0 0 0
assets
0 0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0
0 0 0 0
intangible assets
3,40,000 0 13,60,000 0
assets
108

01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
[Abstract]
17,00,000 0
development
intangible assets
intangible assets
Total additions to
17,00,000 0
intangible assets
Amortization intangible assets 3,40,000 0
Impairment loss
intangible assets
0 0
[Abstract]
0 0 0 0
0 0 0 0
assets, others
0 0 0 0
assets
0 0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0
0 0 0 0
intangible assets
17,00,000 0 3,40,000 0
assets
109

Classes of intangible assets [Axis] Other intangible assets, others [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
Nature of other intangible assets nil nil nil nil
[Abstract]
[Abstract]
17,00,000 0 17,00,000 0
development
intangible assets
intangible assets
Total additions to
17,00,000 0 17,00,000 0
intangible assets
Amortization intangible assets -3,40,000 0
Impairment loss
intangible assets
0 0 0 0
[Abstract]
0 0 0 0
0 0 0 0
assets, others
0 0 0 0
assets
0 0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0
0 0 0 0
intangible assets
13,60,000 0 17,00,000 0
assets
110

01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
[Abstract]
17,00,000 0
development
intangible assets
intangible assets
Total additions to
17,00,000 0
intangible assets
Amortization intangible assets 3,40,000 0 -3,40,000 0
Impairment loss
intangible assets
0 0
[Abstract]
0 0 0 0
0 0 0 0
assets, others
0 0 0 0
assets
0 0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0
0 0 0 0
intangible assets
3,40,000 0 13,60,000 0
assets
111

01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to 31/03/2013 to to 31/03/2013
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[LineItems]
[Abstract]
[Abstract]
17,00,000 0
development
intangible assets
intangible assets
Total additions to
17,00,000 0
intangible assets
Amortization intangible assets 3,40,000 0
Impairment loss
intangible assets
0 0
[Abstract]
0 0 0 0
0 0 0 0
assets, others
0 0 0 0
assets
0 0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0
0 0 0 0
intangible assets
17,00,000 0 3,40,000 0
assets
112
[200400] Notes - Non-current investments
Details of non-current investments [Table] ..(1)

Classification of non-current investments [Axis] _NoncurrentInvestment_4 _NoncurrentInvestment_5 _NoncurrentInvestment_6 _NoncurrentInvestment_7
01/04/2014 01/04/2014 01/04/2013 01/04/2013
to to to to
31/03/2015 31/03/2015 31/03/2014 31/03/2014
Non-current investments [Abstract]
Disclosure of details of non-current
investments
[Abstract]
Details of non-current investments
[LineItems]
Investment in other Indian
Other non-current Other non-current Investment in foreign
Type of non-current investments investments investments sources
companies equity
instruments
Class of non-current investments Other investments Other investments Trade investments Trade investments
Non-current investments 2,42,000 3,65,000 3,19,55,096 80,01,000
Name of body corporate in whom
Modern Living Solutions Spacewood Hong Kong Spacewood Office Solution
investment has Pvt. Ltd.
Milestone Fund
Ltd. Pvt. Ltd.
been made
Details of whether such body
corporate is
Associate Concern Subsidiary concern Subsidiary concern
subsidiary, associate, joint venture or
controlled special purpose entity
Details of non-current investments [Table] ..(2)

Classification of non-current investments [Axis] _NoncurrentInvestment_8 _NoncurrentInvestment_9
01/04/2013 01/04/2013
to to
31/03/2014 31/03/2014
Non-current investments [Abstract]
Disclosure of details of non-current investments [Abstract]
Details of non-current investments [LineItems]
Other non-current Other non-current
Type of non-current investments investments investments
Class of non-current investments Other investments Other investments
Non-current investments 2,42,000 10,04,000
Modern Living Solutions
Name of body corporate in whom investment has been made Pvt. Ltd.
Milestone Fund
Details of whether such body corporate is subsidiary, associate, joint

Associate Concern
venture or controlled special purpose entity

01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Disclosure of notes on non-current investments explanatory [TextBlock] [See below] [See below]
Accounting policy for determination of carrying amount of investments Textual information (44) Textual information (45)
[TextBlock] [See below] [See below]
Aggregate amount of quoted non-current investments 0 0
Market value of quoted non-current investments 0 0
Aggregate amount of unquoted non-current investments 6,07,000 4,12,02,096
Aggregate provision for diminution in value of non-current investments 0 0
113
Disclosure of notes on non-current investments explanatory [Text Block]

Investments:
Long term investments are stated at cost, inclusive of all expenses incurred relating to acquisition.
Disclosure of notes on non-current investments explanatory [Text Block]

Investments:
Accounting policy for determination of carrying amount of investments [Text Block]

Investments:
Long term investments are stated at cost, inclusive of all expenses incurred relating to acquisition. 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.
Investment held for sale are treated as Current Investments and are state at cost or at net realisable value. In case of non
quoted investments, net realisable value is determined by the management based on their estimates at which it proposes
to dispose of the investment.

Investments:
of profit and loss.
114
[200500] Notes - Current investments
Details of current investments [Table] ..(1)

Classification of current investments [Axis] _CurrentInvestment_10
01/04/2014
to
31/03/2015
Current investments [Abstract]
Disclosure of details of current investments [Abstract]
Details of current investments [LineItems]
Investment in
Type of current investments subsidiaries equity
instruments
Class of current investments Current investments
Nature of current investments Equity Capital
Current investments 10,00,000
Basis of valuation of current investments At cost
Spacewood Hong Kong
Name of body corporate in whom investment has been made Ltd.
Details of whether such body corporate is subsidiary, associate, joint venture or controlled
Subsidiary Concern
special purpose entity

01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Disclosure of notes on current investments explanatory [TextBlock] [See below]
Accounting policy for determination of carrying amount of investments Textual information (47) Textual information (48)
[TextBlock] [See below] [See below]
Aggregate amount of quoted current investments 0 0
Market value of quoted current investments 0 0
Aggregate amount of unquoted current investments 10,00,000 0
Aggregate provision for diminution in value of current investments 0 0
Disclosure of notes on current investments explanatory [Text Block]

Current investments
Investments in Equity instruments of Subsidiary Companies :
Fully paid Equity shares (Unquoted, non-trade) :
28,00,000 (56,00,000) Shares of HKD 1/- each of Spacewood Hong Kong Ltd. 15,977,548 -
Less: Deminution in value of Investment (14,977,548)
Balance value of investment 1,000,000 -
115

Investments:
of profit and loss.

Investments:
of profit and loss.
116
[200600] Notes - Subclassification and notes on liabilities and assets
Disclosure of breakup of provisions [Table] ..(1)

Long-term
Classification based on time period [Axis] Classification based on time period [Member]
[Member]
31/03/2015 31/03/2014 31/03/2013 31/03/2015
Subclassification and notes on liabilities and assets
[Abstract]
Provisions notes [Abstract]
Disclosure of breakup of provisions [Abstract]
Disclosure of breakup of provisions [LineItems]
Provisions [Abstract]
Provisions for employee benefits
[Abstract]
Provision leave encashment 47,65,925 33,63,715 47,65,925
Total provisions for employee benefits 47,65,925 33,63,715 47,65,925
Provision for corporate tax [Abstract]
Provision for current tax 2,89,52,935 2,05,00,000
Provision for corporate dividend tax 5,01,143 5,61,948
Total provision for corporate tax 2,94,54,078 2,10,61,948 0
Provision for proposed dividend [Abstract]
Provision for proposed equity dividend
[Abstract]
Provision for proposed equity final
33,06,550 33,06,550
dividend
Total provision for proposed equity
33,06,550 33,06,550 0
dividend
Provision for proposed preference
dividend [Abstract]
Total provision for proposed
0 0 0
preference dividend
Total provision for proposed dividend 33,06,550 33,06,550 0
CSR expenditure provision 0 0 0
Other provisions 4,81,76,236 2,98,73,901 2,98,73,901
Total provisions 8,57,02,789 5,76,06,114 2,98,73,901 47,65,925
117
Disclosure of breakup of provisions [Table] ..(2)

Long-term
[Member]
31/03/2014 31/03/2015 31/03/2014
Subclassification and notes on liabilities and assets [Abstract]
Provisions notes [Abstract]
Disclosure of breakup of provisions [Abstract]
Disclosure of breakup of provisions [LineItems]
Provisions [Abstract]
Provisions for employee benefits [Abstract]
Provision leave encashment 33,63,715
Total provisions for employee benefits 33,63,715 0 0
Provision for corporate tax [Abstract]
Provision for current tax 2,89,52,935 2,05,00,000
Provision for corporate dividend tax 5,01,143 5,61,948
Total provision for corporate tax 0 2,94,54,078 2,10,61,948
Provision for proposed dividend [Abstract]
Provision for proposed equity dividend [Abstract]
Provision for proposed equity final dividend 33,06,550 33,06,550
Total provision for proposed equity dividend 0 33,06,550 33,06,550
Provision for proposed preference dividend [Abstract]
Total provision for proposed preference dividend 0 0 0
Total provision for proposed dividend 0 33,06,550 33,06,550
CSR expenditure provision 0 0 0
Other provisions 4,81,76,236 2,98,73,901
Total provisions 33,63,715 8,09,36,864 5,42,42,399
Disclosure of details of balances with banks [Table] ..(1)

Details of balances with banks [Axis] _Bank_11 _Bank_12 _Bank_13 _Bank_14
01/04/2014 01/04/2014 01/04/2014 01/04/2014
to to to to
31/03/2015 31/03/2015 31/03/2015 31/03/2015
[Abstract]
Cash and bank balances notes [Abstract]
Cash and bank balances [Abstract]
Disclosure of details of balances with banks
[Abstract]
Details of balances with banks [LineItems]
STATE BANK OF STATE BANK OF UNION BANK OF
Name of bank ICICI BANK LTD
INDIA - GGCA A/C INDIA - CA A/C IND - CA A/C
Account number of bank 624205004599 30161914665 30417410773 366001010036411
Closing balance held in bank 4,58,103 12,292 2,17,225 22,86,849

01/04/2014 01/04/2014 01/04/2013 01/04/2013
to to to to
31/03/2015 31/03/2015 31/03/2014 31/03/2014
[Abstract]
[Abstract]
UNION BANK OF
STATE BANK OF
Name of bank IND - DIVIDEND HDFC BANK LTD ICICI BANK LTD
INDIA - GGCA A/C
A/C
Closing balance held in bank 7,028 2,20,581 13,894 12,292
118

01/04/2013 01/04/2013 01/04/2013 01/04/2013
to to to to
31/03/2014 31/03/2014 31/03/2014 31/03/2014
[Abstract]
[Abstract]
UNION BANK OF
STATE BANK OF UNION BANK OF
Name of bank INDIA - CA A/C IND - CA A/C
IND - DIVIDEND HDFC BANK LTD
A/C
Closing balance held in bank 1,11,627 1,61,41,801 17,635 1,02,906

Details of balances with banks [Axis] _Bank_23
01/04/2013
to
31/03/2014
Disclosure of details of balances with banks [Abstract]
CORPORATION
Name of bank BANK - CMS A/C
Account number of bank SWO3287
Closing balance held in bank 2,00,000
119
Subclassification of trade receivables [Table] ..(1)

Classification of assets based on security
Classification of assets based on security [Axis] Unsecured considered good [Member]
[Member]
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[Abstract]
Trade receivables notes [Abstract]
Trade receivables [Abstract]
Subclassification of trade receivables
[Abstract]
Subclassification of trade receivables
[LineItems]
Breakup of trade receivables [Abstract]
Trade receivables, gross 67,91,32,050 53,91,52,637 67,91,32,050 53,91,52,637
Allowance for bad and doubtful debts 2,01,99,792 73,22,344 2,01,99,792 73,22,344
Total trade receivables 65,89,32,258 53,18,30,293 65,89,32,258 53,18,30,293
Details of trade receivables due by
directors, other officers or others
[Abstract]
Trade receivables due by directors 0
Trade receivables due by other officers 0
Trade receivables due by others 17,68,77,496 1,47,04,833
Total trade receivables due by
directors, other officers or 17,68,77,496 1,47,04,833
others
Details of trade receivables due by
firms or companies in which any director
is partner or director [Abstract]
Total trade receivables due by firms
or companies in which any director is 0 0
partner or director
Classification of inventories [Table] ..(1)

Classification of inventories [Axis] Company total inventories [Member] Raw materials [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[Abstract]
Inventories notes [Abstract]
Inventories [Abstract]
Classification of inventories [Abstract]
Details of inventories [LineItems]
Inventories 30,23,25,882 23,98,76,531 18,41,52,705 16,03,32,215
Goods in transit 0 0 0 0
At cost or NRV
At cost or NRV which
which ever is lower,
ever is lower, At cost
At cost or NRV At cost or NRV At cost or NRV which
Mode of valuation which ever is lower,
or NRV which ever is
which ever is lower ever is lower
lower, At cost or NRV
At cost or NRV
which ever is lower
which ever is lower
120
Classification of inventories [Table] ..(2)

Classification of inventories [Axis] Work-in-progress [Member] Finished goods [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[Abstract]
Inventories notes [Abstract]
Inventories [Abstract]
Classification of inventories [Abstract]
Details of inventories [LineItems]
Inventories 1,23,91,416 77,29,999 10,57,81,761 7,18,14,317
Goods in transit 0 0 0 0
At cost or NRV At cost or NRV which At cost or NRV At cost or NRV which
Mode of valuation which ever is lower ever is lower which ever is lower ever is lower
Loans and advances [Table] ..(1)

Classification of loans and advances [Axis] Loans and advances [Member] Other loans and advances [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member] Unsecured considered good [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[Abstract]
Loans and advances notes [Abstract]
Loans and advances [Abstract]
Disclosure of loans and advances [LineItems]
Loans and advances, gross 5,96,08,559 4,44,40,065 5,96,08,559 4,44,40,065
Allowance for bad and doubtful loans and
0 0 0 0
advances
Loans and advances 5,96,08,559 4,44,40,065 5,96,08,559 4,44,40,065
Trade Deposits, Trade Deposits, Trade Deposits, Trade Deposits,
Nature of other loans and advances Advances to Advances to Advances to Advances to
subsidiary Company subsidiary Company subsidiary Company subsidiary Company
Details of loans and advances due by
[Abstract]
Loans and advances due by directors 0 0 0 0
Loans and advances due by other officers 0 0 0 0
Loans and advances due by others 0 0 0 0
Total loans and advances due by
0 0 0 0
Details of loans and advances due by firms
or companies in which any director is
partner or director [Abstract]
Loans and advances due by firms in
0 0 0 0
which any director is partner
Loans and advances due by private
companies in which any director is 2,00,00,000 2,00,00,000 2,00,00,000 2,00,00,000
director
companies in which any director is 0 0 0 0
member
Total loans and advances due
by firms or companies in which
2,00,00,000 2,00,00,000 2,00,00,000 2,00,00,000
any director is partner or
director
121

Classification based on time period [Axis] Long-term [Member] Short-term [Member]
Classification of loans and advances [Axis] Other deposit assets [Member] Loans and advances [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[Abstract]
0 0 0 0
advances
Advance & other
Advance & other
receivable, VAT,
receivable, VAT,
other taxes
other taxes
Trade Deposits, Trade Deposits, recoverable,
recoverable, statutory
Nature of other loans and advances Advances to Advances to statutory deposits
deposits and dues
subsidiary Company subsidiary Company and dues from
from Government.,
Government.,
Current Income Tax
Current Income Tax
Assets
Assets
[Abstract]
0 0 0 0
0 0 0 0
companies in which any director is 2,00,00,000 2,00,00,000 22,60,800 24,60,554
director
member
2,00,00,000 2,00,00,000 22,60,800 24,60,554
director
122

Classification of loans and advances [Axis] Other loans and advances [Member] Advance tax [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[Abstract]
0 0 0 0
advances
Advance & other
Advance & other
receivable, VAT, VAT, other taxes
receivable, VAT, VAT, other taxes
other taxes recoverable,
other taxes recoverable, statutory
recoverable, statutory deposits
recoverable, statutory deposits and dues
Nature of other loans and advances statutory deposits
deposits and dues
and dues from
from Government.,
and dues from Government.,
from Government., Current Income Tax
Government., Current Income Tax
Current Income Tax Assets
Current Income Tax Assets
Assets
Assets
[Abstract]
0 0 0 0
0 0 0 0
companies in which any director is 22,60,800 24,60,554 0 0
director
member
22,60,800 24,60,554 0 0
director
123

Classification of loans and advances [Axis] Advance income tax paid [Member] Advance sales tax/VAT paid [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[Abstract]
Loans and advances, gross 1,50,84,412 97,97,655 54,35,246 30,60,987
0 0 0 0
advances
Loans and advances 1,50,84,412 97,97,655 54,35,246 30,60,987
VAT, other taxes
VAT, other taxes
recoverable,
Current Income Tax Current Income Tax recoverable, statutory
Nature of other loans and advances Assets Assets
statutory deposits
deposits and dues
and dues from
from Government.
Government.
[Abstract]
0 0 0 0
0 0 0 0
director
member
0 0 0 0
director
124

Other loans and advances, others
Classification of loans and advances [Axis]
[Member]
Classification of assets based on security [Axis] Unsecured considered good [Member]
01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Loans and advances, gross 2,39,57,493 3,78,11,029
Allowance for bad and doubtful loans and advances 0 0
Loans and advances 2,39,57,493 3,78,11,029
Advance & other Advance & other
Nature of other loans and advances receivable receivable
Details of loans and advances due by directors, other officers or others
[Abstract]
Loans and advances due by directors 0 0
Loans and advances due by other officers 0 0
Loans and advances due by others 0 0
Total loans and advances due by directors, other officers or others 0 0
Details of loans and advances due by firms or companies in which any
director is partner or director [Abstract]
Loans and advances due by firms in which any director is partner 0 0
Loans and advances due by private companies in which any director is
22,60,800 24,60,554
director
Loans and advances due by private companies in which any director is member 0 0
Total loans and advances due by firms or companies in which any director
22,60,800 24,60,554
is partner or director
125

01/04/2014 01/04/2013
to to 31/03/2013
31/03/2015 31/03/2014
Disclosure of subclassification and notes on liabilities and assets
explanatory [TextBlock]
Trade payables, long-term 0 0
Others long-term, others 4,15,18,522 68,53,219
Total others, long-term 4,15,18,522 68,53,219
Total other long-term liabilities 4,15,18,522 68,53,219
Disclosure of notes on provisions explanatory [TextBlock] [See below] [See below]
Nature of other provisions Other Provision Other Provision
Current maturities of long-term debt 0 0
Current maturities of finance lease obligations 0 0
Interest accrued but not due on borrowings 0 0
Interest accrued and due on borrowings 0 0
Interest accrued but not due on public deposits 0 0
Interest accrued and due on public deposits 0 0
Debentures claimed but not paid 0 0
Income received in advance 0 0
Unpaid dividends 0 0
Application money received for allotment of securities and
0 0
due for refund, principal
Unpaid matured deposits and interest accrued thereon 0 0
Unpaid matured debentures and interest accrued thereon 0 0
Public deposit payable, current 0 0
Total other payables, current 0 0
Current liabilities portion of share application money pending
0 0
allotment
Other current liabilities, others 33,17,80,520 11,83,37,810
Total other current liabilities 33,17,80,520 11,83,37,810
Other non-current assets, others 0 59,340
Total other non-current assets 0 59,340
Miscellaneous Expenses
Nature of other non-current assets, others to the extent not written
off/ Adjusted
Disclosure of notes on inventories explanatory [TextBlock] [See below] [See below]
Aggregate amount of trade receivables outstanding for period
0 0
exceeding six months
Fixed deposits with banks 2,99,50,000 2,79,50,000
Other deposits with banks 32,02,078 1,66,00,155
Other balances with banks 0 0
Total balance with banks 3,31,52,078 4,45,50,155
Cash on hand 5,08,379 3,79,733
Total cash and cash equivalents 3,36,60,457 4,49,29,888 2,91,14,953
Other bank balances 0 0
Total cash and bank balances 3,36,60,457 4,49,29,888 2,91,14,953
Balances held with banks to extent held against other
0 0
commitments
Total balances held with banks to extent held as
margin money or security against borrowings, 0 0
guarantees or other commitments
Bank deposits with more than twelve months maturity 0 0
126
Disclosure of notes on provisions explanatory [Text Block]

l) Provisions and Estimates:
A provision is recognized when the company has a present obligation as a result of past event and it is probable that an outflow
of resources will be required to settle the obligation in respect of which reliable estimates can be made. Provisions are not
discounted to present value and are determined based on the best estimates required to settle the obligation at the Balance
Sheet date. These are reviewed at each Balance Sheet date and adjusted to reflect the current best estimates. Contingent assets
and liabilities are not recognized.
Disclosure of notes on provisions explanatory [Text Block]

l) Provisions and Estimates:
A provision is recognized when the company has a present obligation as a result of past event and it is probable that an outflow
of resources will be required to settle the obligation in respect of which reliable estimates can be made. Provisions are not
discounted to present value and are determined based on the best estimates required to settle the obligation at the Balance
Sheet date. These are reviewed at each Balance Sheet date and adjusted to reflect the current best estimates. Contingent assets
and liabilities are not recognized.
Disclosure of notes on inventories explanatory [Text Block]

e) Inventories:
Raw material, WIP & finished goods are value at lower of cost and net realizable value. Cost of raw material and components are
computed on weighted average value basis. Cost of work-in-progress and finished goods includes raw material cost, estimated
cost of conversion and other costs incurred in bringing the inventory to their present location and condition. The value of
inventories of finished goods does not include excise duty that may be applicable. Inventories of loose tools and consumables are
included under stores and spares. In earlier practice, cost of finished goods was determined by indirect method by reducing the
gross margin determined from the operating result from the list price of the product. From the current financial year, managment
has determined the bill of material for individual stock of finished goods and determined cost using direct method i.e. cost of
material and overheads incurred to bring the goods to its present location and condition. Net realizable value is the estimated
selling price in the ordinary course of business, less estimated costs of completion and estimated costs necessary to make the
sale.
Disclosure of notes on inventories explanatory [Text Block]

Inventories:
Raw material, WIP & finished goods are value at lower of cost and net realizable value. Cost of raw material and components are
computed on weighted average value basis. Cost of work-in-progress and finished goods includes raw material cost, estimated
cost of conversion and other costs incurred in bringing the inventory to their present location and condition. The value of
inventories of finished goods does not include excise duty that may be applicable. Inventories of loose tools and consumables are
included under stores and spares.
127
[200700] Notes - Additional disclosures on balance sheet
Acquisition and disposal of investments [Table] ..(1)

Acquisition and disposal of investments [Axis] _AcquisitionAndDisposalOfInvestment_24 _AcquisitionAndDisposalOfInvestment_25
01/04/2014 01/04/2014
to to
31/03/2015 31/03/2015
Additional balance sheet notes [Abstract]
Details of acquisition and disposal of investments [Abstract]
Acquisition and disposal of investments [LineItems]
Nature of investment purchased or sold during period Long Term Long Term
Type of investment Equity Shares Equity Shares
Number of units sold [pure] 8,00,100 [pure] 28,00,000
Selling price per unit [pure] 14 [pure] 6.3
Details of shareholding pattern of promoters and public [Table] ..(1)

Shareholding pattern of promoters and public [Axis] Promoters [Member]
Classification based on nationality or origin [Axis] Indian [Member]
01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Additional balance sheet notes [Abstract]
Details of shareholding pattern of promoters and public [Abstract]
Details of shareholding pattern of promoters and public [LineItems]
Number of shares held by Indian [shares] 33,06,450 [shares] 33,06,450
Percentage of shares held by Indian 99.99% 99.99%
Number of shares held by non-resident Indian [shares] 0 [shares] 0
Number of shares held by foreign national other than non-resident Indian [shares] 0 [shares] 0
Number of shares held by central government [shares] 0 [shares] 0
Number of shares held by state government [shares] 0 [shares] 0
Number of shares held by government companies [shares] 0 [shares] 0
Number of shares held by insurance companies [shares] 0 [shares] 0
Number of shares held by banks [shares] 0 [shares] 0
Number of shares held by financial institutions [shares] 0 [shares] 0
Number of shares held by foreign institutional investors [shares] 0 [shares] 0
Number of shares held by mutual funds [shares] 0 [shares] 0
Number of shares held by venture capital [shares] 0 [shares] 0
Number of shares held by body corporate [shares] 100 [shares] 100
Percentage of shares held by body corporate 0.001% 0.001%
Number of shares held by others [shares] 0 [shares] 0
Total number of shares [shares] 33,06,550 [shares] 33,06,550
128

01/04/2014 01/04/2013
to to 31/03/2013
31/03/2015 31/03/2014
Disclosure of additional balance sheet notes explanatory [TextBlock]
Claims against company not acknowledged as debt 6,80,61,478 1,64,13,567
Guarantees 13,35,24,048 13,58,09,751
Total contingent liabilities 20,15,85,526 15,22,23,318
Estimated amount of contracts remaining to be executed on
10,00,000 0
capital account and not provided for
Uncalled liability on shares and other investments partly paid 0 0
Other commitments 0 0
Total commitments 10,00,000 0
Total contingent liabilities and commitments 20,25,85,526 15,22,23,318
Amount of dividends proposed to be distributed to equity shareholders 33,06,550 33,06,550
Amount of per share dividend proposed to be distributed to equity
shareholders
Amount of dividends proposed to be distributed to preference
0 0
shareholders
Amount of per share dividend proposed to be distributed to
preference shareholders
Arrears of fixed cumulative dividends on preference shares 0 0
Outstanding unutilised amounts received in respect of issue of
0 0
securities for specific purpose
Amount of unutilised amounts invested 0 0
Amount each member undertakes to contribute as per
memorandum of association in case of companies limited 0 0
by guarantee having share capital
Amount each member undertakes to contribute as per
memorandum of association in case of companies limited 0 0
by guarantee not having share capital
Financial effect of deviation from accounting standards balance sheet 0 0
Percentage of share capital held by foreign company 0.00% 0.00%
Value of share capital held by foreign company 0 0
Percentage of paid-up capital held by foreign holding company and
0.00% 0.00%
or with its subsidiaries
Value of paid-up capital held by foreign holding company and or
0 0
with its subsidiaries
Number of shareholders promoters [pure] 33,06,450 [pure] 33,06,450
Number of shareholders public [pure] 100 [pure] 100
Total number of shareholders promoters and public [pure] 33,06,550 [pure] 33,06,550
Amount of provisions to be made on account of income reversal and
0 0
non-performing assets remaining unrealised
Cumulative amount provided till previous year 0 0
Amount provided in current year 0 0
Balance amount to be provided 0 0
Deposits accepted or renewed during period 0 0
Deposits matured and claimed but not paid during period 0 0
Deposits matured and claimed but not paid 0 0
Deposits matured but not claimed 0 0
Interest on deposits accrued and due but not paid 0 0
Additions to equity share warrants during period [pure] 0 [pure] 0
Deductions in equity share warrants during period [pure] 0 [pure] 0
Total changes in equity share warrants during period [pure] 0 [pure] 0
Equity share warrants at end of period [pure] 5 [pure] 5 [pure] 5
Equity share warrants for existing members [pure] 0 [pure] 0
Equity share warrants for others [pure] 5 [pure] 5
Total equity share warrants [pure] 5 [pure] 5 [pure] 5
Share application money received during year 0 0
Share application money paid during year 0 0
Amount of share application money received back during year 0 0
Amount of share application money repaid returned back during year 0 0
Number of person share application money paid during year [pure] 0 [pure] 0
Number of person share application money received during year [pure] 0 [pure] 0
Number of person share application money paid as at end of year [pure] 0 [pure] 0
Number of person share application money received as at end of year [pure] 0 [pure] 0
Share application money received and due for refund 0 0
129
Disclosure of whether all assets and liabilities are registered with

Yes Yes
company
Amount of sweat equity shares issued 0 0
Whether maintenance of cost records by company has been
mandated under Companies (Cost Records and Audit) Rules, Yes Yes
2014
If yes, Central Excise Tariff Act, heading in which product/
9403 9403
service is covered under cost records
Whether audit of cost records of company has been mandated
Yes Yes
under Rules specified in SN 1
If yes, Central Excise Tariff Act, heading in which product/
9403 9403
service is covered under cost audit
Net worth of company 31,30,91,594 28,57,49,182
Unclaimed share application refund money 0 0
Unclaimed matured debentures 0 0
Unclaimed matured deposits 0 0
Interest unclaimed amount 0 0
Investment in subsidiary companies 1,59,77,548 3,99,56,096
Investment in government companies 0 0
Amount due for transfer to investor education and protection fund
0 0
(IEPF)
Gross value of transaction as per AS- 18 48,85,65,691 36,23,59,367
Number of warrants converted into equity shares during period [pure] 0 [pure] 0
Number of warrants converted into preference shares during period [pure] 0 [pure] 0
Number of warrants converted into debentures during period [pure] 0 [pure] 0
Number of warrants issued during period (in foreign currency) [pure] 0 [pure] 0
Number of warrants issued during period (INR) [pure] 0 [pure] 0
Number of shareholders to whom shares are allotted under private
[pure] 0 [pure] 0
placement during period
[200800] Notes - Disclosure of accounting policies, changes in accounting policies and estimates
01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Disclosure of accounting policies, change in accounting policies and Textual information (53) Textual information (54)
changes in estimates explanatory [TextBlock] [See below] [See below]
Disclosure of general information about company [TextBlock] [See below] [See below]
Disclosure of accounting policies, change in accounting policies and changes in estimates explanatory [Text Block]
a) Basis of Preparation of Financial Statements:
The financial statements of the company have been prepared in accordance with the generally accepted accounting
principles in India (Indian GAAP). The company has prepared these financial statements to comply in all material respects
with the accounting standards notified under section 133 of the Companies Act 2013, read together with paragraph 7 of the
Companies (Accounts) Rules 2014. The financial statements have been prepared on an accrual basis and under the
historical cost convention. The financial statements are presented in Indian Rupees rounded off to nearest Rupee.
The accounting policies adopted in the preparation of financial statements are consistent with those of previous year,
except for the change in accounting policy and extimates as explained below.
130
Disclosure of accounting policies, change in accounting policies and changes in estimates explanatory [Text Block]
a) Basis of Preparation of Financial Statements:
The Financial statements have been prepared under the historical cost convention in accordance with generally accepted accounting principles and
provisions of the Companies Act, 1956 and comply with applicable accounting standards referred to in Section 211(3C) of the Companies Act.
The company follows mercantile system of accounting and recognizes significant items of Income and Expenditure on accrual basis. The
financial statements are presented in Indian Rupees rounded off to Rupee.
131
Disclosure of general information about company [Text Block]
b) Use of Estimates:
The preparation of financial statements in conformity with Indian GAAP requires judgements, estimates and assumptions to be made that affec
reported amount of assets and liabilities, disclosure of contingent liabilities on the date of the financial statements and the reported amount of
revenues and expenses during the reporting period. Difference between the actual results and estimates are recognized in the period in which
results are known/ materialized.
c) Fixed Assets:
Fixed Assets are stated at cost of acquisition less accumulated depreciation and impairment loss, if any. The cost of fixed assets includes freig
taxes, duties and other incidental expenses related to acquisition & installation and adjustments arising from exchange rate variations attributa
to the assets. The amount includes borrowing cost capitalized as per the Accounting standard 16 on Borrowing Cost, less CENVAT credit avai
VAT credit to the extent available and subsidy received from government relating to fixed assets.
Subsequent expenditures related to an item of asset are added to it book value only it they increase the future benefits from the existing asset
the expenditure relates to the assets and is capital in nature.
d) Depreciation:
Till the year ended 31 March 2014, Schedule XIV to the Companies Act, 1956, prescribed requirements concerning depreciation of fixed asset
From the current year, Schedule XIV has been replaced by Schedule II to the Companies Act, 2013. The applicability of Schedule II has result
the following changes related to depreciation of fixed assets. Unless stated otherwise, the impact mentioned for the current year is likely to hol
good for future years also.
Useful lives/ depreciation rates:

Till the year ended 31 March 2014, depreciation rates prescribed under Schedule XIV were taken for computing the deprecation using written d
value method. Schedule II to the Companies Act 2013 prescribes useful lives for fixed assets which, in many cases, are different from lives
prescribed under the erstwhile Schedule XIV.
Considering the applicability of Schedule II, the management has re-estimated useful lives of assets based on the recommendations of Schedu
and residual values of all its fixed assets which is taken as 5% of the cost of asset. The written down value of the asssets are depreciated in th
balance useful life of the asset on written down value method.
Tangible fixed assets

Leasehold land is not amortized by the management.
Depreciation on fixed assets is calculated on WDV basis by the managmenet using the rates arrived at based on the useful lives as defined in
Schedule-II. The company has used the following rates to provide depreciation on its fixed assets.
Useful lives estimated by the management (years)
Factory buildings 30
Other buildings 60
Plant and equipments 25
Furniture and fixtures 10
Office equipment 8
Vehicles
8
Computer 3
In case where the useful life of the asset as defined in Schedule-II of The Companies Act 2013 is complete, but the carrying value of the asset
not exhausted, the same is written off against the general reserve of the company in accordance with the Guidance Note issued by ICAI.
Intangible assets
Intangible assets acquired separately are measured on initial recognition at cost. The cost of intangible assets acquired in an amalgamation in
132
nature of purchase is their fair value as at the date of amalgamation. Following initial recognition, intangible assets are carried at cost less
accumulated amortization and accumulated impairment losses, if any. Intangible assets on amalgamation are amortized on a straight line basi
over the period of 5 years. Other intangable assets are deprecated in wdv method on existing rates.
Leased Assets:
Leases in which the company does not transfer substantially all the risks and benefits of ownership of the asset are classified as operating leas
Assets subject to operating leases are included in fixed assets of the company. Lease income on an operating lease is recognized in the statem
of profit and loss on accrual basis. Costs, including depreciation, are recognized as an expense in the statement of profit and loss. Initial direct
costs such as legal costs, brokerage costs, etc. are recognized immediately in the statement of profit and loss.
f) Investments:
Long term investments are stated at cost, inclusive of all expenses incurred relating to acquisition. 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.
Investment held for sale are treated as Current Investments and are state at cost or at net realisable value. In case of non quoted
investments, net realisable value is determined by the management based on their estimates at which it proposes to dispose of the
investment.
g) Foreign Currency Transactions:
i)Transactions denominated in foreign currencies are normally recorded at exchange rate prevailing at the time of transaction. Monetary
items denominated in foreign currencies at the year end are translated at year end rates. Any income or expense on account of exchange
difference either on settlement or on translation is recognized in the Profit and Loss Account except in cases where they relate to the
loans and liabilities incurred for acquisition of Fixed Assets in which case they are adjusted to the carrying cost of such assets. In case of
investments in non integral operations the difference in exchange rates as on year end is transferred to Foreign Currency Translation
Reserve.
ii)Non-monetary foreign currency items are carried at cost.
h) Excise Duty/ Service Tax:
Excise duty/ Service Tax are accounted on the basis of both, payments made in respect of goods cleared/ service provided/received.
i) Revenue Recognition:
Revenue is recognized when the goods move out from the factory or branch premise on intimation of the customer. Revenue from
operations includes sale of goods & services, service tax, excise duty, adjustments for discounts, sales returns & rejections. Excise duty
deducted from revenue (gross) is the amount that is included in the revenue (gross) and not the entire amount of liability arising during
the year.
Dividend income is recognized when the amount is actually received.
Interest income is recognized on a time proportion basis taking into account the amount outstanding and the interest rate applicable.
k) Deferred Taxation:
Provision for current tax is made on the estimated taxable income at the rate applicable to the relevant assessment year. Deferred tax
assets and liabilities are recognized on timing differences between the accounting income and Taxable income for the year, calculated
133
by applying the rate and Tax laws that have been enacted or substantially enacted by the Balance Sheet date. The deferred tax assets
are recognized and carried forward based on principles of prudence to the extent that there is a reasonable certainty that future
taxable income will be available against which such deferred tax assets can be realized.
m) Impairment of Assets:
The company assesses at each reporting date whether there is an indication that an asset may be
impaired. If any indication exists, or when annual impairment testing for an asset is required, the
company estimates the asset?s recoverable amount. An asset?s recoverable amount is the higher of
an cash-generating unit?s (CGU) net selling price and its value in use. Where the carrying amount
of an CGU exceeds its recoverable amount, the asset is considered impaired and is written down to
its recoverable amount. In assessing value in use, the estimated future cash flows are discounted to
their present value using a pre-tax discount rate that reflects current market assessments of the time
value of money and the risks specific to the asset. In determining net selling price, recent market
transactions are taken into account.
The company bases its impairment calculation on detailed budgets and forecast calculations which
are prepared separately for each of the company?s cash-generating units to which the individual
assets are allocated. These budgets and forecast calculations are generally covering a period of five
years.
n) Segment accounting policies:
The company has only one line of business, hence segmental reporting not prepared.
o
)
Earnings Per Share:
Basic earnings per share are calculated by dividing the net profit or loss 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 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.
p)
Contingent liabilities
A contingent liability is a possible obligation that arises from past events whose existence will be
confirmed by the occurrence or non-occurrence of one or more uncertain future events beyond the
control of the company or a present obligation that is not recognized because it is not probable that
an outflow of resources will be required to settle the obligation. A contingent liability also arises in
extremely rare cases where there is a liability that cannot be recognized because it cannot be
measured reliably. The company does not recognize a contingent liability but discloses its existence
in the financial statements.
2Notes to accounts:
i) Contingent Liabilities: Contingent liabilities not provided for in respect of:-
As at As at
Nature of Statute and Dues
31.03.2015 31.03.2014
1. Demand raised by authorities against which Company has filed appeal:-
134
Maharashtra Sales Tax 24,820,122 9,615,092
Central Sales Tax

42,803,210 5,027,087
Excise liability
216,368 216,368
Income Tax
221,778 1,555,020
2. Letter of Credit issued by bank on behalf of the Company to various parties 111,025,276 106,984,595
3. Unexpired Bank Guarantee 22,498,772 28,825,156
4. Estimated contract remaining to be executed on capital account. Nil

1,000,000
* The tax amount includes interest and are net of deposits. The balance amount are stayed by the
respective appellate authority.
ii) Inventories of loose tools are included under Stores and spares.
iii) As per Accounting Standard-15 ?Employees Benefits?, the disclosures of employee?s benefits as
defined in the Accounting Standards are given below:
Defined Contribution plan:
Contribution to defined contribution plan, recognized as expenses for the year are as under:
2014-15 2013-14
Employer?s contribution to Provident Fund

5,784,849 4,729,716
Employer?s contribution to Employee?s state insurance

2,035,954 2,113,937
Defined Benefit Plan:
The employee?s gratuity fund scheme managed by a trust is a defined benefit plan. The present
value of obligation is determined based on actuarial valuation using the Projected Unit Credit
Method, which is recognizes each period of service to build up the final obligation.
a. Changes in present value of Obligation As on 31/03/2015 2015 2014
Present value of obligations as at beginning of year 4,614,830

3,401,896
Interest cost 369,186

272,152
Current Service Cost 807,209

783,796
135
Benefits Paid (290,438)

(386,250)
Actuarial (gain)/ loss on obligations 556,652

543,236
Projected value of obligations as at end of year 6,057,439

4,614,830
b. Changes in the fair value of plan assets As on 31/03/2015
Fair value of plan assets at beginning of year 4,527,665

3,721,827
Expected return on plan assets 520,335

321,112
Contributions 797,032
870,976

(386,250)
Actuarial gain/(loss) on Plan assets NIL NIL
Fair value of plan assets at the end of year 5,554,594

4,527,665
c. Recognition of present value of plan assets

3,721,827
Actual return on plan assets 520,335

321,112
870,976

(386,250)

4,527,665
Funded status (502,845)

(87,165)
Excess of Actual over estimated return on plan assets NIL NIL
d. Actuarial Gain/Loss recognizedAs On 31/03/2015
Actuarial (gain)/ loss on obligations

(556,652) (543,236)
Actuarial (gain)/ loss for the year - plan assets NIL NIL
136
Actuarial (gain)/ loss on obligations 556,652 543236
Actuarial (gain)/ loss recognized in the yea 556,652 543236
e.The amounts to be recognized in the balance sheet and statements of profit and loss
Present value of obligations as at the end of year 6057439 4614830
Fair value of plan assets as at the end of the year 5554594 4527665
Funded status
(502,845) (87,165)
Net asset/(liability) recognized in balance sheet

(502,845) (87,165)
f.Expenses Recognised in statement of Profit and loss
Current Service cost 807,209 783796
Interest Cost 369,186 272152
Expected return on plan assets

(520,335) (321,112)
Expenses recognized in statement of Profit and loss 1,212,712 1278072
137
Disclosure of general information about company [Text Block]

Use of Estimates:
The preparation of financial statements in conformity with Indian GAAP requires judgements,
estimates and assumptions to be made that affect the reported amount of assets and liabilities,
disclosure of contingent liabilities on the date of the financial statements and the reported amount of
revenues and expenses during the reporting period. Difference between the actual results and
estimates are recognized in the period in which the results are known/ materialized.
Fixed Assets:
Fixed Assets are stated at cost of acquisition less accumulated depreciation. The cost of fixed assets
includes freight, taxes, duties and other incidental expenses related to acquisition and installation and
adjustments arising from exchange rate variations attributable to the assets. The amount includes
borrowing cost capitalized as per the Accounting standard 16 on Borrowing Cost, less CENVAT credit
availed, VAT credit to the extent available and subsidy received from government relating to fixed
assets.
Subsequent expenditures related to an item of asset are added to it book value only it they increase
the future benefits from the existing asset or the expenditure relates to the assets and is capital in
nature.
Depreciation:
Depreciation for the year has been provided in accordance with rates and manner specified in
Schedule XIV of the Companies Act, 1956 on written down value method. Depreciation on additions/
deductions during the year has been provided on a pro-rata basis from the date of such addition/
deduction.
Investments:
Foreign Currency Transactions:
i)Transactions denominated in foreign currencies are normally recorded at exchange rate prevailing
at the time of transaction. Monetary items denominated in foreign currencies at the year end are
translated at year end rates. Any income or expense on account of exchange difference either on
settlement or on translation is recognized in the Profit and Loss Account except in cases where they
relate to the loans and liabilities incurred for acquisition of Fixed Assets in which case they are
adjusted to the carrying cost of such assets. In case of investments in non integral operations the
difference in exchange rates as on year end is transferred to Foreign Currency Translation Reserve.
ii)Non-monetary foreign currency items are carried at cost.
Excise Duty/ Service Tax:
Excise duty/ Service Tax are accounted on the basis of both, payments made in respect of goods
cleared/ service provided/received.
Revenue Recognition:
Revenue is recognized only when risks and rewards incidental to ownership are transferred to the
138
customer, it can be reliably measured and it is reasonable to expect ultimate collection. Revenue from
operations includes sale of goods, services, service tax, excise duty, adjusted for discounts, sales
returns and rejections.
Dividend income is recognized when the right to receive payment is established.
Interest income is recognized on a time proportion basis taking into account the amount outstanding
and the interest rate applicable.
Employees benefit plans:
1Short term benefits:
The liability for leave encashment is determined on the basis of actual calculation as per the
Company?s scheme based on expected obligations.
Defined contribution plans:
Employees benefits in the form of Employee Provident Fund are considered as defined contribution
plans and the contributions are charged to Profit & Loss Account on accrual basis.
Defined Benefit plans:
Retirement benefit in the form of Gratuity is considered as defined benefit plans. The gratuity liability
in respect of employees of the company is covered through a policy taken from LIC of India. The
contribution towards the premium of the policy is paid or payable to the LIC and is treated as revenue
expenditure. The excess/ short in the contribution could not be ascertained, hence not provided for.
Deferred Taxation:
Provision for current tax is made on the estimated taxable income at the rate applicable to the
relevant assessment year. Deferred tax assets and liabilities are recognized on timing differences
between the accounting income and Taxable income for the year, calculated by applying the rate and
Tax laws that have been enacted or substantially enacted by the Balance Sheet date. The deferred
tax assets are recognized and carried forward based on principles of prudence to the extent that
there is a reasonable certainty that future taxable income will be available against which such
deferred tax assets can be realized.
Impairment of Assets:
The company has not recognized impairment losses for an individual asset or a cash generating unit
during the period.
Notes to accounts:
As at As at
31.03.2014 31.03.2013
Maharashtra Sales Tax

9,615,092 9,615,092
Central Sales Tax

5,027,087 5,027,087
139
Excise liability
216,368 216,368
Income Tax Nil

1,555,020
2. Letter of Credit issued by bank on behalf of the Company to various parties 106984595 93418100
3. Unexpired Bank Guarantee 28825156 33504752
4. Estimated contract remaining to be executed on capital account. Nil Nil
2013-14 2012-13

4,729,716 4,210,919

2,113,937 1,685,718
value of obligation is determined based on actuarial valuation using the Projected Unit Credit Method,
which is recognizes each period of service to build up the final obligation.
a. Changes in present value of Obligation As on 31/03/2014
Present value of obligations as at beginning of year

3,401,896
Interest cost
272,152
Current Service Cost

783,796
Benefits Paid
(386,250)

543,236
Projected value of obligations as at end of year

4,614,830
Fair value of plan assets at beginning of year

3,721,827
140

321,112
Contributions
870,976
Benefits Paid
(386,250)
Actuarial gain/(loss) on Plan assets NIL
Fair value of plan assets at the end of year

4,527,665

3,721,827
Actual return on plan assets

321,112
Contributions
870,976
Benefits Paid
(386,250)

4,527,665
Funded status
(87,165)
Excess of Actual over estimated return on plan assets NIL

(543,236)
Actuarial (gain)/ loss for the year - plan assets NIL
Actuarial (gain)/ loss on obligations 543236
Actuarial (gain)/ loss recognized in the yea 543236
Present value of obligations as at the end of year 4614830
Fair value of plan assets as at the end of the year 4527665
Funded status
(87,165)

(87,165)
141
Current Service cost 783796
Interest Cost 272152

(321,112)
Expected return on plan assets 543236
Expenses recognized in statement of Profit and loss 1278072
[201700] Notes - Government grants

01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Disclosure of notes on government grants explanatory [TextBlock]
Capital subsidies or grants received from government authorities 0 0
Revenue subsidies or grants received from government authorities 0 0
142
[201200] Notes - Employee benefits
Disclosure of defined benefit plans [Table] ..(1)

Defined benefit plans [Axis] Domestic defined benefit plans [Member]
Defined benefit plans
_DomesticDefinedBenefitPlansMember_DefinedBenefitPlansCategories_26 _DomesticDefinedBenefitPlansMember_DefinedBenefitPlansCategories_2
categories [Axis]
01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Disclosure of defined
benefit plans [Abstract]
Disclosure of defined
benefit plans [LineItems]
Description of
accounting policy for Textual information (57) [See below] Textual information (58) [See below]
defined benefit plans
Reconciliation of
changes in present value
of defined benefit
obligation [Abstract]
Changes in defined
benefit obligation, at
present value [Abstract]
Total changes in
defined benefit obligation, 0
at present value
Defined benefit
obligation, at present 0
value at end of period
Defined benefit
obligation arising from 0
wholly unfunded plans
Defined benefit
obligation arising from
0
wholly or partly funded
plans
Reconciliation of
changes in fair value of
plan assets [Abstract]
Changes in plan
assets, at fair value
[Abstract]
Total changes
in plan assets, at fair value 0
Plan assets, at
0
fair value at end of period
Changes in
reimbursement rights, at
fair value [Abstract]
Total changes
in reimbursement rights, at 0
fair value
Reimbursement
rights, at fair value at end 0
of period
Recognised
assets and liabilities of
defined benefit plans
[Abstract]
Recognised
liabilities, defined benefit 0
plan
Recognised
assets, defined benefit plan 0
143
Net liability
(asset) of defined benefit 0
plans
Reconciliation of
liability asset of defined
benefit plans [Abstract]
Defined benefit
value
Plan assets, at
0
fair value
Reimbursement
0
rights, at fair value
Net liability
(asset) of defined benefit 0
plans
Recognised
expense of defined benefit
plans [Abstract]
Total
post-employment benefit
0
expense, defined benefit
plans
Actual return on
plan assets and
reimbursement right
recognised as asset
[Abstract]
Total actual
return on plan assets and
reimbursement right 0
recognised as
asset
Experience
adjustments on plan assets
and plan liabilities
[Abstract]
Defined benefit
value
Plan assets, at
0
fair value
Net surplus
0
(deficit) in plan

01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Disclosure of employee benefits explanatory [TextBlock] [See below]
Amount recognised as expense for defined contribution plans 12,12,712 12,78,072
Description of accounting policy for defined benefit plans

The employee?s gratuity fund scheme managed by a trust is a defined benefit plan. The present value of obligation is determined based on
actuarial valuation using the Projected Unit Credit Method, which is recognizes each period of service to build up the final obligation.
Description of accounting policy for defined benefit plans

The employee?s gratuity fund scheme managed by a trust is a defined benefit plan. The present value of obligation is determined based on
actuarial valuation using the Projected Unit Credit Method, which is recognizes each period of service to build up the final obligation.
144
Disclosure of employee benefits explanatory [Text Block]

j) Employees benefit plans:
Provident Fund:
Retirement benefit in the form of provident fund is a defined contribution scheme. The company has no obligation, other
than the contribution payable to the provident fund. The company recognizes contribution payable to the provident fund
scheme as an expenditure, when an employee renders the related service.
Gratuity:
Retirement benefit in the form of Gratuity is considered as defined benefit plans. The gratuity liability in respect of
employees of the company is covered through a policy taken from LIC of India. The contribution towards the premium of
the policy paid/ payable to the LIC is treated as revenue expenditure. The excess/ short in the contribution is considered as
Gratuity payable and taken as liability.
LeaveEncashment:
The company measures the accumulated leaves of its staff, expected cost of such absences as the additional amount that
it expects to pay as a result of the unused entitlement that has accumulated at the reporting date. The company treats
accumulated leave expected to be carried forward beyond twelve months, as long-term employee benefit for measurement
purposes. The same is treated as long term Liabilities under Balance Sheet.
145
[201600] Notes - Related party
Disclosure of relationship and transactions between related parties [Table] ..(1)

MODERN LIVING Modern Living
Categories of related parties [Axis] Kirit Joshi_12 KIRIT JOSHI_15 SOLUTIONS PRIVATE Solutions Pvt.
LIMITED_13 Ltd,_18
01/04/2013 01/04/2014 01/04/2014 01/04/2013
to to to to
31/03/2014 31/03/2015 31/03/2015 31/03/2014
Disclosure of relationship and transactions between
related parties [Abstract]
related parties [LineItems]
MODERN LIVING
Modern Living
Name of related party Kirit Joshi KIRIT JOSHI SOLUTIONS PRIVATE
Solutions Pvt. Ltd,
LIMITED
Country of incorporation or residence of related
India INDIA INDIA India
party
Permanent account number of related party AAOPJ9006D AAOPJ9006D AAHCM5056C AAHCM5056C
CIN of related party U20299MH2011PTC223350
Key Management Key Management
Description of nature of related party relationship Personnel Personnel
Associate Associate
Sales, Business
Auxulary Services,
Description of nature of transactions with related
Sales, Salary Sales & Purchase Sales & Purchase Purchase,
party Installation & Rent
Maint.
Related party transactions [Abstract]
Purchases of goods related party transactions 1,21,58,746 11,85,025
Revenue from sale of goods related party
1,04,583 56,558 26,44,48,148 15,69,95,562
transactions
Services received related party transactions 45,84,288 48,84,288
Revenue from rendering of services related
5,63,011 42,80,975
party transactions
Advances taken during year related party
35,00,000
transactions
Contribution to trust controlled by company
0
in relation to CSR expenditure
Other related party transactions contribution
51,00,000
received
Transaction relating to key management personnel
[Abstract]
Remuneration for key managerial personnel 51,00,000
Outstanding balances for related party
transactions [Abstract]
Amounts payable related party transactions 1,38,92,601
146

PLATINUM BUSINESS Platinum Business
NITIN
Categories of related parties [Axis] Nitin Sudame_14 INDIA PRIVATE Solutions Pvt.
SUDAME_17
LIMITED_14 Ltd._15
01/04/2013 01/04/2014 01/04/2014 01/04/2013
to to to to
31/03/2014 31/03/2015 31/03/2015 31/03/2014
PLATINUM BUSINESS Platinum Business
Name of related party Nitin Sudame NITIN SUDAME
INDIA PRIVATE LIMITED Solutions Pvt. Ltd.
India INDIA INDIA India
party
Permanent account number of related party AEWPS1694E AEWPS1694E AALCS0249P AALCS0249P
Associate Associate
Description of nature of transactions with related

Sales, Salary Sales & Purchase Sales & Purchase Purchase
party
Purchases of goods related party transactions 1,09,75,666 1,12,18,980
42,156 16,238 25,786
transactions
Other related party transactions contribution
24,00,000
received
Transaction relating to key management personnel
[Abstract]
Outstanding balances for related party
transactions [Abstract]
Amounts payable related party transactions 1,52,823
147

SPACEWOOD SPACEWOOD OFFICE Spacewood Office
Spacewood Hong
Categories of related parties [Axis] HONGKONG SOLUTIONS PRIVATE Solutions Pvt.
Kong Ltd._16
LIMITED_18 LIMITED_12 Ltd._17
01/04/2014 01/04/2014 01/04/2013 01/04/2013
to to to to
31/03/2015 31/03/2015 31/03/2014 31/03/2014
SPACEWOOD SPACEWOOD OFFICE
Spacewood Hong Spacewood Office
Name of related party HONGKONG SOLUTIONS PRIVATE
Kong Ltd. Solutions Pvt. Ltd.
LIMITED LIMITED
HONG KONG INDIA Hong Kong India
party
Permanent account number of related party AANCS5733N AABCI8134K AANCS5733N AABCI8134K
Authority of Authority of
Nature of issuing authority in country of Companies Companies
incorporation or residence Registry, Hong Registry, Hong
Kong. Kong.
Description of nature of related party relationship Subsidiary company Associate Subsidiary company Subsidiary company
Sales, Purchases,
Description of nature of transactions with related BUYBACK OF Job work exp,
Sales & Purchase Advance Recevied
party SHARES Interest on loan,
Lease rent
Purchases of goods related party transactions 3,84,81,734 3,20,77,070
11,92,67,064 11,56,33,124
transactions
Services received related party transactions 53,93,280
Revenue from rendering of services related
2,55,696
party transactions
Leases as lessor related party transactions 26,76,592 26,76,592
Advances taken during year related party
1,76,35,257
transactions
Interest received during year related party
25,12,000 27,33,959
transactions
Contribution to trust controlled by company
0
in relation to CSR expenditure
Other related party transactions income 1,76,35,257

Vivek VIVEK
Categories of related parties [Axis]
deshpande_13 DESHPANDE_16
01/04/2013 01/04/2014
to to
31/03/2014 31/03/2015
Disclosure of relationship and transactions between related parties [Abstract]
Disclosure of relationship and transactions between related parties [LineItems]
VIVEK
Name of related party Vivek deshpande
DESHPANDE
Country of incorporation or residence of related party India INDIA
Permanent account number of related party AARPD4769N AARPD4769N
Description of nature of transactions with related party Sales, Salary Sales & Purchase
Revenue from sale of goods related party transactions 36,100 6,580
Other related party transactions contribution received 51,00,000
Transaction relating to key management personnel [Abstract]
Outstanding balances for related party transactions [Abstract]
Amounts payable related party transactions 1,64,74,098.33
148

01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Disclosure of notes on related party explanatory [TextBlock] [See below] [See below]
Whether there are any related party transactions during year Yes Yes
Whether company is subsidiary company No No
Disclosure of notes on related party explanatory [Text Block]

Related Party Disclosure:
(i) Related party and their relationship:
(a) Key Management personnel:
Kirit Joshi
Vivek Deshpande
Nitin Sudame
(b) Associate concerns:
Spacewood Hong Kong Ltd.
Spacewood Office Solutions Pvt. Ltd.
Modern Living Solutions Pvt. Ltd,
Platinum Business Solutions Pvt. Ltd.
Disclosure of notes on related party explanatory [Text Block]

Related Party Disclosure:
(i) Related party and their relationship:
(a) Key Management personnel:
Kirit Joshi
Vivek Deshpande
Nitin Sudame
(b) Associate concerns:
Spacewood Hong Kong Ltd.
Spacewood Office Solutions Pvt. Ltd.
Modern Living Solutions Pvt. Ltd,
Platinum Business Solutions Pvt. Ltd.
149
[201400] Notes - Leases

01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Disclosure of leases explanatory [TextBlock]
Whether any operating lease has been converted to financial lease or
No No
vice-versa
[300300] Notes - Earnings per share

01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Disclosure of earnings per share explanatory [TextBlock]
Weighted average shares and adjusted weighted average shares [Abstract]
Basic weighted average shares [shares] 33,06,550 [shares] 33,06,550
Adjusted weighted average shares [shares] 33,06,550 [shares] 33,06,550
Diluted weighted average shares [shares] 33,06,550 [shares] 33,06,550
Adjustments of numerator to calculate basic earnings per share [Abstract]
Numerator to calculate basic earnings per share 33,06,550 33,06,550
Profit (loss) for period 3,39,65,660 3,41,56,202
Adjustments of numerator to calculate diluted earnings per share [Abstract]
Numerator to calculate diluted earnings per share 33,06,550 33,06,550
Profit (loss) for period 3,39,65,660 3,41,56,202
[202800] Notes - Subsidiary information

01/04/2014
to
31/03/2015
Disclosure of subsidiary information explanatory [TextBlock]
Whether company has subsidiary companies No
Whether company has subsidiary companies which are yet to commence
No
operations
Whether company has subsidiary companies liquidated or sold during year No
[201900] Notes - Income taxes

31/03/2015 31/03/2014
Disclosure of notes on income taxes explanatory [TextBlock]
Disclosure of breakup of deferred tax assets and deferred tax liabilities
[Abstract]
Components of deferred tax assets [Abstract]
Deferred tax asset, employee benefits 25,30,472 10,55,145
Total deferred tax assets 25,30,472 10,55,145
Components of deferred tax liabilities [Abstract]
Deferred tax liability, depreciation 1,14,95,034 1,16,92,384
Total deferred tax liabilities 1,14,95,034 1,16,92,384
150
[202400] Notes - Investments in associates
Description of information of associates [Table] ..(1)

Investments in associates [Axis] _InvestmentsInAssociate_42
01/04/2014
to
31/03/2015
Description of information of associates [Abstract]
Description of information of associates [LineItems]
Method of accounting used Other
MODERN LIVING
Name of associate SOLUTIONS PRIVATE
LIMITED
Country of incorporation or residence associate INDIA
CIN of associate entity U20299MH2011PTC223350
PAN of associate entity AAHCM5056C
Latest audited balance sheet date 14/07/2015
Whether associate has been considered in consolidation No
Reason why associate is not consolidated Nil
Profit (loss) for year associate 0

01/04/2014
to
31/03/2015
Disclosure of notes on investment in associates explanatory [TextBlock]
Whether company has invested in associates Yes
Whether company has associates which are yet to commence operations No
Whether company has associates liquidated or sold during year No
[202500] Notes - Financial reporting of interests in joint ventures

01/04/2014
to
31/03/2015
Disclosure of notes on interests in joint ventures explanatory [TextBlock]
Whether company has invested in joint ventures No
Disclosure of interests in significant joint ventures explanatory
[TextBlock]
Whether company has joint ventures which are yet to commence operations No
Whether company has joint ventures liquidated or sold during year No
151
[202100] Notes - Other provisions, contingent liabilities and contingent assets
Disclosure of other provisions [Table] ..(1)

Miscellaneous other
Classes of other provisions [Axis] Company total other provisions [Member] provisions
[Member]
01/04/2014 01/04/2013 01/04/2014
to to 31/03/2013 to
31/03/2015 31/03/2014 31/03/2015
Disclosure of other provisions [Abstract]
Disclosure of other provisions [LineItems]
Reconciliation of changes in other provisions
[Abstract]
Changes in other provisions [Abstract]
Additional provisions, other provisions 0 0 0
Increase in existing other provisions 0 0 0
Provision used, other provisions 0 0 0
Unused provision reversed, other
0 0 0
provisions
Total changes in other provisions 0 0 0
Other provisions at end of period 4,81,76,236 2,98,73,901 2,98,73,901 4,81,76,236
Disclosure of other provisions [Table] ..(2)

Classes of other provisions [Axis] Miscellaneous other provisions [Member]
01/04/2013
to 31/03/2013
31/03/2014
Disclosure of other provisions [Abstract]
Disclosure of other provisions [LineItems]
Reconciliation of changes in other provisions [Abstract]
Changes in other provisions [Abstract]
Additional provisions, other provisions 0
Increase in existing other provisions 0
Provision used, other provisions 0
Unused provision reversed, other provisions 0
Total changes in other provisions 0
Other provisions at end of period 2,98,73,901 2,98,73,901
Disclosure of contingent liabilities [Table] ..(1)

Company total contingent liabilities
Classes of contingent liabilities [Axis] Other contingent liabilities [Member]
[Member]
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of contingent liabilities [Abstract]
Disclosure of contingent liabilities [LineItems]
Estimate of financial effect of contingent
44,69,70,526 39,66,08,318 44,69,70,526 39,66,08,318
liabilities

Guarantee given for letter of credit Guarantee given for related parties
Classes of contingent liabilities [Axis]
[Member] [Member]
31/03/2015 31/03/2014 31/03/2015 31/03/2014
11,10,25,276 10,69,84,595 24,43,85,000 24,43,85,000
liabilities
152

Contingent liability on disputed sales tax
Classes of contingent liabilities [Axis] Other guarantees given [Member]
[Member]
31/03/2015 31/03/2014 31/03/2015 31/03/2014
2,24,98,772 2,88,25,156 6,76,23,332 1,46,42,179
liabilities

Contingent liability on disputed income Contingent liability on disputed excise
Classes of contingent liabilities [Axis]
tax [Member] demands [Member]
31/03/2015 31/03/2014 31/03/2015 31/03/2014
2,21,778 15,55,020 2,16,368 2,16,368
liabilities

Other contingent
Classes of contingent liabilities [Axis] liabilities, others
[Member]
31/03/2015
Estimate of financial effect of contingent liabilities 10,00,000

01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Disclosure of notes on other provisions, contingent liabilities and Textual information (62) Textual information (63)
contingent assets explanatory [TextBlock] [See below] [See below]
Disclosure of other provisions explanatory [TextBlock]
Disclosure of contingent liabilities explanatory [TextBlock]
153
Disclosure of notes on other provisions, contingent liabilities and contingent assets explanatory [Text Block]
As at As at
31.03.2015 31.03.2014

24,820,122 9,615,092
Central Sales Tax

42,803,210 5,027,087
Excise liability
216,368 216,368
Income Tax
221,778 1,555,020
2. Letter of Credit issued by bank on behalf of the Company to various parties 111,025,276 106,984,595
3. Unexpired Bank Guarantee 22,498,772 28,825,156
4. Estimated contract remaining to be executed on capital account. Nil

1,000,000
* The tax amount includes interest and are net of deposits. The balance amount are stayed by the
respective appellate authority.
iii) As per Accounting Standard-15 ?Employees Benefits?, the disclosures of employee?s benefits
as defined in the Accounting Standards are given below:
2014-15 2013-14

5,784,849 4,729,716

2,035,954 2,113,937
value of obligation is determined based on actuarial valuation using the Projected Unit Credit
Method, which is recognizes each period of service to build up the final obligation.
154
a. Changes in present value of Obligation As on 31/03/2015 2015 2014
Present value of obligations as at beginning of year 4,614,830

3,401,896
Interest cost 369,186

272,152
Current Service Cost 807,209

783,796

(386,250)
Actuarial (gain)/ loss on obligations 556,652

543,236
Projected value of obligations as at end of year 6,057,439

4,614,830

3,721,827
Expected return on plan assets 520,335

321,112
870,976

(386,250)
Actuarial gain/(loss) on Plan assets NIL NIL

4,527,665

3,721,827
Actual return on plan assets 520,335

321,112
870,976

(386,250)

4,527,665
155
Funded status (502,845) (87,165)
Excess of Actual over estimated return on plan assets NIL NIL

(556,652) (543,236)
Actuarial (gain)/ loss for the year - plan assets NIL NIL
Actuarial (gain)/ loss recognized in the yea 556,652 543236
Present value of obligations as at the end of year 6057439 4614830
Fair value of plan assets as at the end of the year 5554594 4527665
Funded status
(502,845) (87,165)

(502,845) (87,165)
Current Service cost 807,209 783796
Interest Cost 369,186 272152

(520,335) (321,112)
Expenses recognized in statement of Profit and loss 1,212,712 1278072
156
Disclosure of notes on other provisions, contingent liabilities and contingent assets explanatory [Text Block]
As at As at
31.03.2014 31.03.2013

9,615,092 9,615,092
Central Sales Tax

5,027,087 5,027,087
Excise liability
216,368 216,368
Income Tax Nil

1,555,020
2. Letter of Credit issued by bank on behalf of the Company to various parties 106984595 93418100
3. Unexpired Bank Guarantee 28825156 33504752
4. Estimated contract remaining to be executed on capital account. Nil Nil
2013-14 2012-13

4,729,716 4,210,919

2,113,937 1,685,718
value of obligation is determined based on actuarial valuation using the Projected Unit Credit Method,
which is recognizes each period of service to build up the final obligation.
a. Changes in present value of Obligation As on 31/03/2014
Present value of obligations as at beginning of year

3,401,896
Interest cost
272,152
157
Current Service Cost

783,796
Benefits Paid
(386,250)

543,236
Projected value of obligations as at end of year

4,614,830

3,721,827

321,112
Contributions
870,976
Benefits Paid
(386,250)
Actuarial gain/(loss) on Plan assets NIL

4,527,665

3,721,827
Actual return on plan assets

321,112
Contributions
870,976
Benefits Paid
(386,250)

4,527,665
Funded status
(87,165)
Excess of Actual over estimated return on plan assets NIL

(543,236)
Actuarial (gain)/ loss for the year - plan assets NIL
Actuarial (gain)/ loss on obligations 543236
158
Actuarial (gain)/ loss recognized in the yea 543236
Present value of obligations as at the end of year 4614830
Fair value of plan assets as at the end of the year 4527665
Funded status
(87,165)

(87,165)
Current Service cost 783796
Interest Cost 272152

(321,112)
Expected return on plan assets 543236
Expenses recognized in statement of Profit and loss 1278072
[202700] Notes - Cash flow statements

01/04/2014 01/04/2013
to to 31/03/2013
31/03/2015 31/03/2014
Disclosure of cash flow statement explanatory [TextBlock]
Cash and cash equivalents if different from balance sheet [Abstract]
Cash and cash equivalents cash flow statement 3,36,60,457 4,49,29,888 2,91,14,953
Total cash and cash equivalents 3,36,60,457 4,49,29,888 2,91,14,953
Income taxes paid (refund) [Abstract]
Income taxes paid (refund), classified as operating activities 2,55,33,822 1,24,53,860
Total income taxes paid (refund) 2,55,33,822 1,24,53,860
159
[100200] Statement of profit and loss

01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Statement of profit and loss [Abstract]
Disclosure of revenue from operations [Abstract]
Disclosure of revenue from operations for other than finance company
[Abstract]
Revenue from sale of products 198,50,26,516 195,97,39,509
Revenue from sale of services 3,49,52,625 1,66,45,376
Other operating revenues 0 0
Excise duty 19,30,84,776 17,53,83,872
Total revenue from operations other than finance company 182,68,94,365 180,10,01,013
Total revenue from operations 182,68,94,365 180,10,01,013
Other income 1,41,50,407 1,02,30,243
Total revenue 184,10,44,772 181,12,31,256
Expenses [Abstract]
Cost of materials consumed 105,87,54,004 113,69,84,186
Purchases of stock-in-trade 0 0
Changes in inventories of finished goods, work-in-progress and
-3,86,28,861 65,16,380
stock-in-trade
Employee benefit expense 14,77,85,693 12,17,12,182
Finance costs 6,49,46,494 7,35,53,930
Depreciation, depletion and amortisation expense [Abstract]
Depreciation expense 2,41,08,763 2,98,55,146
Amortisation expense 9,28,989 9,00,308
Depletion expense 0 0
Total depreciation, depletion and amortisation expense 2,50,37,752 3,07,55,454
Expenditure on production, transportation and other expenditure
0 0
pertaining to exploration and production activities
CSR expenditure 0 0
Other expenses 53,59,39,700 38,66,88,513
Total expenses 179,38,34,782 175,62,10,645
Total profit before prior period items, exceptional items, extraordinary
4,72,09,990 5,50,20,611
items and tax
Prior period items before tax -6,57,715 0
Exceptional items before tax -20,02,271 0
Total profit before extraordinary items and tax 4,45,50,004 5,50,20,611
Extraordinary items before tax 1,80,00,000 0
Total profit before tax 6,25,50,004 5,50,20,611
Tax expense [Abstract]
Current tax 3,02,57,020 2,19,28,860
Deferred tax -16,72,676 -10,64,451
Total tax expense 2,85,84,344 2,08,64,409
Total profit (loss) for period from continuing operations 3,39,65,660 3,41,56,202
Total profit (loss) for period before minority interest 3,39,65,660 3,41,56,202
Total profit (loss) for period 3,39,65,660 3,41,56,202
Earnings per equity share [Abstract]
[INR/shares]
Basic earning per equity share [INR/shares] 9.77
10.0079390738397
[INR/shares]
Diluted earnings per equity share [INR/shares] 9.77
10.0079390738397
Basic earning per equity share before extraordinary items [INR/shares] 9.77 [INR/shares] 10.01
Diluted earnings per equity share before extraordinary items [INR/shares] 9.77 [INR/shares] 10.01
Nominal value of per equity share [INR/shares] 10 [INR/shares] 10
160
[300500] Notes - Subclassification and notes on income and expenses

01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Subclassification and notes on income and expense explanatory [TextBlock]
Disclosure of revenue from sale of products [Abstract]
Revenue from sale of products [Abstract]
Revenue from sale of products, gross 198,50,26,516 195,97,39,509
Brokerage discounts rebates on revenue from sale of products 0 0
Returns on revenue from sale of products 0 0
Other allowances deductions on revenue from sale of products 0 0
Total revenue from sale of products 198,50,26,516 195,97,39,509
Disclosure of revenue from sale of services [Abstract]
Revenue from sale of services [Abstract]
Revenue from sale of services, gross 3,49,52,625 1,66,45,376
Brokerage discounts rebates on revenue from sale of services 0 0
Returns on revenue from sale of services 0 0
Other allowances deductions on revenue from sale of services 0 0
Total revenue from sale of services 3,49,52,625 1,66,45,376
Disclosure of other operating revenues [Abstract]
Other operating revenues [Abstract]
Net gain/loss on foreign currency fluctuations treated as other
0 0
operating revenue
Total other operating revenues 0 0
Disclosure of other income [Abstract]
Interest income [Abstract]
Interest income on current investments [Abstract]
Interest on fixed deposits, current investments 0 0
Interest from customers on amounts overdue, current investments 0 0
Interest on current intercorporate deposits 0 0
Interest on current debt securities 0 0
Interest on current government securities 0 0
Interest on other current investments 0 0
Total interest income on current investments 0 0
Interest income on long-term investments [Abstract]
Interest on fixed deposits, long-term investments 26,33,547 33,44,418
Interest from customers on amounts overdue, long-term investments 0 0
Interest on long-term intercorporate deposits 25,12,000 27,33,959
Interest on long-term debt securities 0 0
Interest on long-term government securities 0 0
Interest on other long-term investments 0 0
Total interest income on long-term investments 51,45,547 60,78,377
Total interest income 51,45,547 60,78,377
Dividend income [Abstract]
Dividend income current investments [Abstract]
Dividend income current investments from subsidiaries 0 0
Dividend income current equity securities 0 0
Dividend income current mutual funds 0 0
Dividend income current investments from others 0 0
Total dividend income current investments 0 0
Dividend income long-term investments [Abstract]
Dividend income long-term investments from subsidiaries 8,00,100 16,00,200
Dividend income long-term equity securities 0 0
Dividend income long-term mutual funds 0 0
Dividend income long-term investments from others 1,91,893 43,857
Total dividend income long-term investments 9,91,993 16,44,057
Total dividend income 9,91,993 16,44,057
Net gain/loss on sale of investments [Abstract]
Net gain/loss on sale of current investments 0 0
Net gain/loss on sale of long-term investments 49,08,281 0
161
Total net gain/loss on sale of investments 49,08,281 0

Rental income on investment property [Abstract]
Rental income on investment property, current 0 0
Rental income on investment property, long-term 23,79,192 23,79,192
Total rental income on investment property 23,79,192 23,79,192
Other non-operating income [Abstract]
Net gain/loss on foreign currency fluctuations treated as other
0 0
income
Surplus on disposal, discard, demolishment and destruction of
34,831 15,121
depreciable tangible asset
Gain on disposal of intangible asset 0 0
Amount credited to profit and loss as transfer from
revaluation reserve on account of additional 0 0
depreciation charged on revalued tangible assets
Excess provision diminution in value investment written back 0 0
Excess provisions bad doubtful debts advances written back 0 0
Income government grants subsidies 0 0
Income export incentives 0 0
Income import entitlements 0 0
Income insurance claims 0 0
Income from subsidiaries 0 0
Interest and income tax refund 0 0
Income on brokerage commission 0 0
Income on sales tax benefit 0 0
Excess provisions written back 0 0
Other allowances deduction other income 0 0
Miscellaneous other non-operating income 6,90,563 1,13,496
Total other non-operating income 7,25,394 1,28,617
Income from pipeline transportation 0 0
Total other income 1,41,50,407 1,02,30,243
Share other income joint ventures 0 0
Disclosure of finance cost [Abstract]
Interest expense [Abstract]
Interest expense long-term loans [Abstract]
Interest expense long-term loans, banks 0 0
Interest expense long-term loans, others 0 0
Total interest expense long-term loans 0 0
Interest expense short-term loans [Abstract]
Interest expense short-term loans, banks 0 0
Interest expense short-term loans, others 0 0
Total interest expense short-term loans 0 0
Interest expense deposits 0 0
Interest expense debt securities 0 0
Interest expense other borrowings 0 0
Interest expense borrowings 6,23,32,162 6,32,65,289
Interest lease financing 3,34,650 1,89,072
Other interest charges 0 0
Total interest expense 6,26,66,812 6,34,54,361
Other borrowing costs 73,77,014 70,32,569
Net gain/loss on foreign currency transactions and translations
-50,97,332 30,67,000
treated as finance costs
Total finance costs 6,49,46,494 7,35,53,930
Share finance costs joint ventures 0 0
Employee benefit expense [Abstract]
Salaries and wages 13,00,11,817 10,71,15,945
Contribution to provident and other funds [Abstract]
Contribution to provident and other funds for contract labour 0 0
Contribution to provident and other funds for others 57,84,849 47,29,716
Total contribution to provident and other funds 57,84,849 47,29,716
Expense on employee stock option scheme and employee stock purchase plan 0 0
Commission employees 0 0
Employee medical insurance expenses 0 0
Leave encashment expenses 15,68,761 14,68,100
Gratuity 20,73,536 13,82,319
Pension schemes 0 0
162
Voluntary retirement compensation 0 0

Other retirement benefits 0 0
Staff welfare expense 63,10,776 48,87,165
Other employee related expenses 20,35,954 21,28,937
Total employee benefit expense 14,77,85,693 12,17,12,182
Share employee benefit expense joint ventures 0 0
Breakup of other expenses [Abstract]
Consumption of stores and spare parts 27,68,442 19,09,068
Power and fuel 3,79,60,274 3,59,69,825
Rent 7,77,791 8,67,900
Repairs to building 6,08,754 8,67,693
Repairs to machinery 1,94,18,582 1,74,38,008
Insurance 8,63,815 9,65,874
Rates and taxes excluding taxes on income [Abstract]
Central excise duty 0 0
Purchase tax 0 0
Other cess taxes 1,21,74,864 26,96,306
Cost taxes other levies by government local authorities 0 0
Provision wealth tax 0 0
Total rates and taxes excluding taxes on income 1,21,74,864 26,96,306
Research development expenditure 0 0
Subscriptions membership fees 0 0
Electricity expenses 0 0
Telephone postage 20,39,463 18,28,495
Printing stationery 22,50,245 23,22,270
Information technology expenses 35,00,732 28,40,365
Travelling conveyance 1,75,71,339 1,60,51,849
Catering canteen expenses 0 0
Entertainment expenses 0 0
Legal professional charges 1,09,16,915 56,60,396
Training recruitment expenses 0 0
Vehicle running expenses 18,98,819 18,92,856
Safety security expenses 22,39,371 22,42,217
Directors sitting fees 0 0
Managerial remuneration [Abstract]
Remuneration to directors [Abstract]
Salary to directors 1,26,00,000 1,26,00,000
Commission to directors 0 0
Other benefits to directors 0 0
Total remuneration to directors 1,26,00,000 1,26,00,000
Remuneration to managers [Abstract]
Salary to managers 0 0
Commission to managers 0 0
Other benefits to managers 0 0
Total remuneration to managers 0 0
Total managerial remuneration 1,26,00,000 1,26,00,000
Donations subscriptions 0 0
Books periodicals 0 0
Seminars conference expenses 0 0
Registration filing fees 0 0
Custodial fees 0 0
Bank charges 0 0
Guest house expenses 3,06,844 1,45,675
Advertising promotional expenses 2,41,49,304 1,51,39,215
After sales service expenses 0 0
Warranty claim expenses 0 0
Commission paid sole selling agents 0 0
Commission paid other selling agents 98,89,820 97,16,852
Commission paid sole buying agents 0 0
Transportation distribution expenses 8,27,73,199 6,59,61,617
Secondary packing expenses 0 0
Discounting charges 0 0
Guarantee commission 0 0
Cost repairs maintenance other assets 0 0
163
Cost information technology [Abstract]

Cost software 0 0
Cost hardware 0 0
Cost communication connectivity 0 0
Total cost information technology 0 0
Cost transportation [Abstract]
Cost freight 0 0
Cost octroi 0 0
Cost loading and unloading 0 0
Cost other transporting 0 0
Total cost transportation 0 0
Cost lease rentals 0 0
Cost effluent disposal 0 0
Provision for cost of restoration 0 0
Cost warehousing 0 0
Cost water charges 0 0
Cost reimbursable expenses 0 0
Cost technical services 0 0
Cost royalty 0 0
Provision bad doubtful debts created 1,28,77,448 4,42,309
Provision bad doubtful loans advances created 0 0
Adjustments to carrying amounts of investments [Abstract]
Provision diminution value current investments created 1,49,77,548 0
Provision diminution value long-term investments created 0 0
Total adjustments to carrying amounts of investments 1,49,77,548 0
Net provisions charged [Abstract]
Provision warranty claims created 0 0
Provision statutory liabilities created 0 0
Provision restructuring created 0 0
Other provisions created 0 0
Total net provisions charged 0 0
Discount issue shares debentures written off [Abstract]
Discount issue shares written off 0 0
Discount issue debentures written off 0 0
Total discount issue shares debentures written off 0 0
Write-off assets liabilities [Abstract]
Miscellaneous expenditure written off [Abstract]
Financing charges written off 0 0
Voluntary retirement compensation written off 0 0
Technical know-how written off 0 0
Other miscellaneous expenditure written off 59,340 59,338
Total miscellaneous expenditure written off 59,340 59,338
Fixed assets written off 0 0
Inventories written off 0 0
Investments written off 0 0
Bad debts written off 5,31,65,894 1,71,17,638
Bad debts advances written off 0 0
Other assets written off 0 0
Liabilities written off 0 0
Total write-off assets liabilities 5,32,25,234 1,71,76,976
Loss on disposal of intangible asset 0 0
Loss on disposal, discard, demolishment and destruction of depreciable
0 45,199
tangible asset
Contract cost [Abstract]
Site labour supervision cost contracts 0 0
Material cost contract 0 0
Depreciation assets contracts 0 0
Cost transportation assets contracts 0 0
Hire charges assets contracts 0 0
Cost design technical assistance contracts 0 0
Warranty cost contracts 0 0
Other claims contracts 0 0
Sale material scrap other assets contracts 0 0
Overhead costs apportioned contracts [Abstract]
Insurance cost apportioned contract 0 0
164
Design technical assistance apportioned contracts 0 0

Other overheads apportioned contracts 0 0
Total overhead costs apportioned contracts 0 0
Total contract cost 0 0
Cost dry wells 0 0
Operating and maintenance cost of emission and other pollution
0 0
reduction equipments
Payments to auditor [Abstract]
Payment for audit services 5,00,000 3,00,000
Payment for taxation matters 2,53,562 2,37,509
Payment for company law matters 0 0
Payment for other services 0 0
Payment for reimbursement of expenses 0 0
Total payments to auditor 7,53,562 5,37,509
Payments to cost auditor [Abstract]
Payment for cost audit charges 0 0
Payment for cost compliance report 0 0
Payment for other cost services 0 0
Payment to cost auditor for reimbursement of expenses 0 0
Total payments to cost auditor 0 0
Miscellaneous expenses 20,93,97,335 17,13,70,039
Total other expenses 53,59,39,700 38,66,88,513
Breakup of expenditure on production, transportation and other
expenditure pertaining to exploration and production activities
[Abstract]
Royalty pertaining to exploration and production activities 0 0
Cess pertaining to exploration and production activities 0 0
Education cess pertaining to exploration and production activities 0 0
National calamity contingency duty pertaining to exploration and
0 0
production activities
Extraction cost pertaining to exploration and production activities 0 0
Sales tax pertaining to exploration and production activities 0 0
Geological and geophysical expenditure pertaining to exploration and
0 0
Administrative expenditure pertaining to exploration and production
0 0
activities
Research and development expenditure pertaining to exploration and
0 0
Pipeline operation and maintenance expenditure pertaining to
0 0
exploration and production activities
Other expenditure pertaining to exploration and production activities 0 0
Total expenditure on production, transportation and other
0 0
expenditure pertaining to exploration and production activities
Current tax [Abstract]
Current tax pertaining to previous years 15,57,020 14,28,860
Current tax pertaining to current year 2,87,00,000 2,05,00,000
MAT credit recognised during year 0 0
Total current tax 3,02,57,020 2,19,28,860
165
[300600] Notes - Additional information statement of profit and loss
Details of raw materials, spare parts and components consumed [Table] ..(1)
Details of raw materials, spare parts and components consumed [Axis] Raw materials spare parts and components consumed [Member]
Subclassification of raw materials, spare parts and components
Imported and indigenous [Member] Indigenous [Member]
consumed [Axis]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Additional information on profit and loss account
[Abstract]
Details of raw materials, spare parts and components
consumed [Abstract]
Details of raw materials, spare parts and
components consumed [LineItems]
Value consumed 27,68,442 19,09,068 27,68,442 19,09,068
Details of raw materials, spare parts and components consumed [Table] ..(2)
Details of raw materials, spare parts and components consumed [Axis] Components consumed [Member]
Subclassification of raw materials, spare parts and components
Imported and indigenous [Member] Indigenous [Member]
consumed [Axis]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[Abstract]
Details of raw materials, spare parts and components
consumed [Abstract]
Details of raw materials, spare parts and
components consumed [LineItems]
Value consumed 27,68,442 19,09,068 27,68,442 19,09,068
Details of raw materials consumed [Table] ..(1)

Categories of raw materials consumed [Axis] Raw materials consumed [Member] Raw materials consumed 1 [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[Abstract]
Additional details in case of manufacturing companies
[Abstract]
Details of raw materials consumed [Abstract]
Details of raw materials consumed [LineItems]
Description of raw materials category Raw Material Raw Material Raw Material Raw Material
Total raw materials consumed 105,87,54,004 113,69,84,186 105,87,54,004 113,69,84,186
166
Details of work-in-progress [Table] ..(1)

Categories of work-in-progress [Axis] Work-in-progress [Member] Work-in-progress category 1 [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[Abstract]
[Abstract]
Details of work-in-progress [Abstract]
Details of work-in-progress [LineItems]
FURNITURE FURNITURE
Description of work-in-progress ITEMS
FURNITURE ITEMS
ITEMS
FURNITURE ITEMS
Total work-in-progress 1,23,91,416 77,29,999.08 1,23,91,416 77,29,999.08
Details of manufactured and traded goods [Table] ..(1)

Manufactured and traded goods
Categories of manufactured and traded goods [Axis] Manufactured goods [Member]
[Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
[Abstract]
[Abstract]
Details of manufactured and traded goods [Abstract]
Details of manufactured and traded goods
[LineItems]
FURNITURE FURNITURE
Description of finished goods ITEMS
FURNITURE ITEMS
ITEMS
FURNITURE ITEMS
Amount of sales 198,50,26,516.05 195,97,39,509.78 198,50,26,516.05 195,97,39,509.78

Amount of closing inventory 10,57,81,761 7,18,14,316.53 10,57,81,761 7,18,14,316.53
Amount of opening inventory 7,18,14,316.53 7,78,25,288.62 7,18,14,316.53 7,78,25,288.62
Details of manufactured and traded goods [Table] ..(2)

Categories of manufactured and traded goods [Axis] Finished goods category 1 [Member]
01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Additional information on profit and loss account [Abstract]
Additional details in case of manufacturing companies [Abstract]
Details of manufactured and traded goods [Abstract]
Details of manufactured and traded goods [LineItems]
FURNITURE
Description of finished goods ITEMS
FURNITURE ITEMS
Amount of sales 198,50,26,516.05 195,97,39,509.78

Amount of closing inventory 10,57,81,761 7,18,14,316.53
Amount of opening inventory 7,18,14,316.53 7,78,25,288.62
167

01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Additional information on profit and loss account explanatory [TextBlock]
Changes in inventories of finished goods -3,39,67,444 60,10,972
Changes in inventories of work-in-progress -46,61,417 5,05,408
Changes in other inventories 0 0
Total changes in inventories of finished goods, work-in-progress and
-3,86,28,861 65,16,380
stock-in-trade
Exceptional items before tax -20,02,271 0
Total exceptional items -20,02,271 0
Other items extraordinary 1,80,00,000 0
Total extraordinary items before tax 1,80,00,000 0
Total extraordinary items 1,80,00,000 0
Total exceptional and extraordinary items 1,59,97,729 0
Prior period expense before tax 6,57,715 0
Total prior period items before tax -6,57,715 0
Total prior period items after tax -6,57,715 0
Revenue erectioning commissioning 2,39,14,455 1,24,26,932
Revenue other services 1,10,38,170 42,18,444
Total gross income from services rendered 3,49,52,625 1,66,45,376
Value of imports of raw materials 45,93,33,218 41,55,48,099
Value of imports of capital goods 0 27,14,765
Total value of imports calculated on CIF basis 45,93,33,218 41,82,62,864
Expenditure on royalty 0 0
Expenditure on know-how 0 0
Expenditure on professional and consultation fees 0 0
Expenditure on interest 0 0
Expenditure on other matters 5,94,521 13,33,776
Expenditure on dividend paid 0 0
Total expenditure in foreign currency 5,94,521 13,33,776
Special dividend remitted in foreign currency 0 0
Total amount of dividend remitted in foreign currency 0 0
FOB value of manufactured goods exported 5,70,23,488 3,62,29,327
Total earnings on export of goods calculated on FOB basis 5,70,23,488 3,62,29,327
Earnings on other income 0 0
Total earnings in foreign currency 5,70,23,488 3,62,29,327
Domestic sale manufactured goods 192,80,03,028 192,35,10,182
Total domestic turnover goods, gross 192,80,03,028 192,35,10,182
Export sale manufactured goods 5,70,23,488 3,62,29,327
Total export turnover goods, gross 5,70,23,488 3,62,29,327
Total revenue from sale of products 198,50,26,516 195,97,39,509
Domestic revenue services 3,49,52,625 1,66,45,376
Export revenue services 0 0
Total revenue from sale of services 3,49,52,625 1,66,45,376
Capital expenditure in foreign currency 0 27,14,765
Expenditure on corporate social responsibility activities as per
0 0
guidelines
Gross value of transaction with related parties as per AS-18 48,85,65,691 36,23,59,367
Bad debts of related parties as per AS-18 0 0
[300100] Notes - Revenue

01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Disclosure of revenue explanatory [TextBlock] [See below] [See below]
168
Disclosure of revenue explanatory [Text Block]

Revenue is recognized only when risks and rewards incidental to ownership are transferred to the customer, it can be reliably
measured and it is reasonable to expect ultimate collection. Revenue from operations includes sale of goods, services, service
tax, excise duty, adjusted for discounts, sales returns and rejections.
Interest income is recognized on a time proportion basis taking into account the amount outstanding and the interest rate
applicable.
Disclosure of revenue explanatory [Text Block]

Revenue is recognized only when risks and rewards incidental to ownership are transferred to the customer, it can be reliably
measured and it is reasonable to expect ultimate collection. Revenue from operations includes sale of goods, services, service
tax, excise duty, adjusted for discounts, sales returns and rejections.
Interest income is recognized on a time proportion basis taking into account the amount outstanding and the interest rate
applicable.
169
[300700] Notes - Key managerial personnels and directors remuneration and other information
Disclosure of key managerial personnels and directors and remuneration to key managerial personnels and directors [Table] ..(1)
Key managerial personnels and directors [Axis] _Director_43 _Director_44 _Director_45
01/04/2014 01/04/2014 01/04/2014
to to to
31/03/2015 31/03/2015 31/03/2015
Disclosure of key managerial personnels and directors and
remuneration to key managerial personnels and directors [Abstract]
Disclosure of key managerial personnels and directors and
remuneration to key managerial personnels and directors
[LineItems]
VIVEK NITIN
KIRIT SHARAD
Name of key managerial personnel or director JOSHI
MORESHWAR SHARADCHANDRA
DESHPANDE SUDAME
Director identification number of key managerial personnel or
00204902 00023147 03291500
director
Permanent account number of key managerial personnel or director AAOPJ9007D AARPD4769N AEWPS1694E
Date of birth of key managerial personnel or director 20/10/1970 14/11/1970 23/05/1965
Whole Time Whole Time Other Non Executive
Designation of key managerial personnel or director Director Director Director
Qualification of key managerial personnel or director B.E. MECH. B.E. MECH. B.E. MECH.
Shares held by key managerial personnel or director [shares] 12,98,138 [shares] 13,89,938 [shares] 0
Key managerial personnel or director remuneration [Abstract]
Gross salary to key managerial personnel or director [Abstract]
Salary key managerial personnel or director 51,00,000 51,00,000 24,00,000
Perquisites key managerial personnel or director 0 0 0
Profits in lieu of salary key managerial personnel or director 0 0 0
Gross salary to key managerial personnel or director 51,00,000 51,00,000 24,00,000
Sitting fees key managerial personnel or director 0 0 0
Stock option key managerial personnel or director 0 0 0
Sweat equity key managerial personnel or director 0 0 0
Commission as percentage of profit key managerial personnel or
0 0 0
director
Other commission key managerial personnel or director 0 0 0
Other compensation key managerial personnel or director 0 0 0
Total key managerial personnel or director remuneration 51,00,000 51,00,000 24,00,000
[301000] Notes - Corporate social responsibility

01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Disclosure of corporate social responsibility explanatory [TextBlock]
Whether provisions of corporate social responsibility are applicable on
No No
company
Average net profit for last three financial years 0 0
Prescribed CSR expenditure 0 0
170

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Space Wood Furnishers Private Limited Standalone Financial Statements 2014-15

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SPACE WOOD FURNISHERS PRIVATE LIMITED.

Standalone Financial Statements for period 01/04/2014 to 31/03/2015

[400100] Disclosure of general information about company

Disclosure of principal product or services [Table] ..(1)

[400400] Disclosures - Directors report

Details of contracts/arrangements/transactions not at arm's length basis [Table] ..(1)

Details of directors signing board report [Table] ..(1)

Details of material contracts/arrangements/transactions at arm's length basis [Table] ..(1)

Details of material contracts/arrangements/transactions at arm's length basis [Table] ..(2)

Details of material contracts/arrangements/transactions at arm's length basis [Table] ..(3)

Details of material contracts/arrangements/transactions at arm's length basis [Table] ..(4)

Details of material contracts/arrangements/transactions at arm's length basis [Table] ..(5)

Details of material contracts/arrangements/transactions at arm's length basis [Table] ..(6)

Unless otherwise specified, all monetary values are in INR

Details relating to deposits covered under chapter v of companies act

Textual information (1)

Disclosure in board of directors report explanatory [Text Block]

T ? 48, MIDC HINGNA,

MR. VIVEK M. DESHPANDE

MR. KIRIT S. JOSHI

MR. NITIN S. SUDAME

C.N. PATEL & CO.

Your Directors have pleasure in presenting this 19

The standalone total revenue increased to

Pursuant to the requirement under section 134(3)(c)

Details of issue of shares

Applicable / not applicable

(A) Conservation of energy-

(B) Technology absorption-

(C) Foreign exchange earnings and Outgo-

Particulars (in (in

Commission and Brokerage - -

Total Foreign Exchange used:

i) Raw Materials 459,333,218 415,548,099

ii) Trading Material - -

ii) Consumable Stores - -

iv) Capital Goods - 2,714,765

v) Foreign Travels 477,350 372,135

vii) Professional charges - -

viii)Others(Repairs and Maintenance) 117,171 961,641

Advance towards buyback of share - 17,635,257

Unsecured loans refund received - 299,165

Textual information (2)

Description of state of companies affair

Textual information (3)

Disclosure relating to amounts if any which is proposed to carry to any reserves

Textual information (4)

Disclosures relating to amount recommended to be paid as dividend

Textual information (5)

Details regarding energy conservation

Textual information (6)

Details regarding foreign exchange earnings and outgo

Textual information (7)

Disclosures in director?s responsibility statement

Textual information (8)

Particulars of loans guarantee investment under section 186 [Text Block]

Particulars of investment are provided in Note 13 and 16 to the Financial Statements.

Textual information (9)

1. Related Party Transactions:

Textual information (10)

Textual information (11)

Textual information (12)

Textual information (13)