MYK - LATICRETE - INDIA - PRIVATE - LIMITED - 2020-21 - Financial Statement

MYK LATICRETE INDIA PRIVATE LIMITED
Standalone Financial Statements for period 01/04/2020 to 31/03/2021
[400100] Disclosure of general information about company

Unless otherwise specified, all monetary values are in INR
01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
MYK LATICRETE INDIA
Name of company PRIVATE LIMITED
Corporate identity number U99999TG1999PTC031624
Permanent account number of entity AAACL5557E
8-2-703/A, LEELA GOPAL
TOWER, ROAD NO: 12,
Address of registered office of company BANJARA HILLS,
HYDERABAD, Telangana,
500034, India,
Commercial and
Type of industry Industrial
Company limited by
Category/sub-category of company shares/Indian Non Govt
Company
Whether company is listed company No
Number of employees in the company at the end of the financial Year 397
Whether company has published sustainability report for the financial
No
Year
Date of board meeting when final accounts were approved 06/05/2021
Period covered by financial statements 12 Months 12 Months
Date of start of reporting period 01/04/2020 01/04/2019
Date of end of reporting period 31/03/2021 31/03/2020
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
Whether company is maintaining books of account and other
Yes
relevant books and papers in electronic form
8-2-703/A LEELA GOPAL
Complete postal address of place of maintenance of computer TOWER,ROAD NO 12,BANJARA
servers (storing accounting data) H I L L S
,HYDERABAD,TELANGANA
Name of city of place of maintenance of computer servers (storing
HYDERABAD
accounting data)
Name of state/ union territory of place of maintenance of
TELANGANA
computer servers (storing accounting data)
Pin code of place of maintenance of computer servers (storing
500034
accounting data)
Name of district of place of maintenance of computer servers
HYDERABAD
(storing accounting data)
ISO country code of place of maintenance of computer servers
ININD356
Name of country of place of maintenance of computer servers
INDIA
Phone (with STD/ ISD code) of place of maintenance of computer
040-23264144
servers (storing accounting data)
Whether books of account and other books and papers are maintained
No
on cloud
Total number of product or service category 1
Tiles Adhesives and
Description of principal product or services category Grouts
MYK LATICRETE INDIA PRIVATE LIMITED Standalone Financial Statements for period 01/04/2020 to 31/03/2021
Disclosure of principal product or services [Table] ..(1)

Types of principal product or services [Axis] BUILDINGMATERIAL
01/04/2020
to
31/03/2021
Disclosure of general information about company [Abstract]
Disclosure of principal product or services [Abstract]
Disclosure of principal product or services [LineItems]
Product or service category (ITC 4 digit) code 3214
Description of product or service category BUILDING MATERIAL
Turnover of product or service category 441,75,51,275
Highest turnover contributing product or service (ITC 8 digit) code 32141000
Description of product or service BUILDING MATERIAL
Turnover of highest contributing product or service 441,75,51,275
[400400] Disclosures - Directors report
Details of principal business activities contributing 10% or more of total turnover of company [Table] ..(1)
Product/service 1
Principal business activities of company [Axis]
[Member]
01/04/2020
to
31/03/2021
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]
Tiles Adhesives and
Name of main product/service Grouts
Tiles Adhesives and
Description of main product/service Grouts
NIC code of product/service 3039
Percentage to total turnover of company 100.00%
2
Details of material contracts/arrangements/transactions at arm's length basis [Table] ..(1)

Material
contracts/arrangements/transactions at BemciIndustriesPvtLtd LaticreteInternationalIncUSA LaticreteMalaysiaSDNBHD LaticreteSouthEastAsiaPteLtd
arm's length basis [Axis]
01/04/2020 01/04/2020 01/04/2020 01/04/2020
to to to to
31/03/2021 31/03/2021 31/03/2021 31/03/2021
Laticrete (Malaysia) SDN Laticrete South East Asia Pte
Name of related party BemciIndustriesPvtLtd Laticrete International Inc, USA
BHD Ltd
Private company in
which a director or
Nature of related party relationship manager or his relative Associate company Holding company Holding company
is a member or director
Details of material
contracts/arrangements/transactions at
arm's
length basis [Abstract]
Details of material
contracts/arrangements/transactions
at arm's
length basis [LineItems]
Laticrete (Malaysia) SDN Laticrete South East Asia Pte
Name of related party BemciIndustriesPvtLtd Laticrete International Inc, USA
BHD Ltd
Private company in
which a director or
Nature of related party relationship manager or his relative Associate company Holding company Holding company
is a member or director
Description of nature of material
Purchase of Goods Purchase of Raw Material Sale of goods Sale of goods
with
related party
Duration of material
On going basis On going basis On going basis On going basis
with
related party
Whether approval taken from
board for material
contracts/arrangements/transactions Yes Yes Yes Yes
with
related party
Amount paid as advances if any for
material
contracts/arrangements/transactions 9,42,260 59,865 9,89,910 1,62,818
with
related party
3
Details of material contracts/arrangements/transactions at arm's length basis [Table] ..(2)

Material contracts/arrangements/transactions at
MYKArmentIndiaPrivateLimited ParasaktiCementIndustriesLimited TurboventIndustriesPrivateLimited
arm's length basis [Axis]
01/04/2020 01/04/2020 01/04/2020
to to to
31/03/2021 31/03/2021 31/03/2021
Name of related party MYK Arment India Private Limited Parasakti Cement Industries Limited TurboventIndustriesPrivateLimited
Private company in which a director Private company in which a director Private company in which a director
Nature of related party relationship or manager or his relative is a or manager or his relative is a or manager or his relative is a
member or director member or director member or director
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 MYK Arment India Private Limited Parasakti Cement Industries Limited TurboventIndustriesPrivateLimited
Private company in which a director Private company in which a director Private company in which a director
Nature of related party relationship or manager or his relative is a or manager or his relative is a or manager or his relative is a
member or director member or director member or director
Description of nature of material
Purchase of Raw Material & Sale of
contracts/arrangements/transactions Raw Material
Purchase of Raw Material Purchase of Goods
with related party
Duration of material
contracts/arrangements/transactions with On going basis On going basis On going basis
related party
Whether approval taken from board for
material
Yes Yes Yes
with related party
Amount paid as advances if any for
material
25,92,01,282 4,78,84,305 9,90,610
with related party
Details of directors signing board report [Table] ..(1)

Directors signing board report [Axis] MUNIKRISHNAPAPAGARI MURALIDHARYADAMA
01/04/2020 01/04/2020
to to
31/03/2021 31/03/2021
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 YADAMA YADAMA
Middle name of director KIRTHI
Last name of director KRISHNA MURALIDHAR
Designation of director Director MANAGING DIRECTOR
Director identification number of director 00505766 00034952
Date of signing board report 06/05/2021 06/05/2021
Details regarding auditors' qualification(s), reservation(s) adverse remark(s) in auditors' report [Table] ..(1)
Auditors' qualification(s), reservation(s) adverse remark(s) in auditors' report [Axis] NoQualifications
01/04/2020
to
31/03/2021
Details regarding auditors' qualification(s), reservation(s) adverse remark(s) in auditors' report
[Abstract]
Details regarding auditors' qualification(s), reservation(s) adverse remark(s) in auditors' report
[LineItems]
Auditors' qualification(s), reservation(s) adverse remark(s) in auditors' report NoQualifications
Directors' comment on auditors' qualification(s), reservation(s) adverse remark(s) in auditors' report NoQualifications
4
Particulars of holding, subsidiary and associate companies [Table] ..(1)

Particulars of companies [Axis] SUBSIDIARY
01/04/2020
to
31/03/2021
Particulars of holding, subsidiary and associate companies [Abstract]
Particulars of holding, subsidiary and associate companies [LineItems]
MYK TOOLS PRIVATE
Name of company LIMITED
8-2-703/A, 4TH FLOOR,
LEELA GOPALA
TOWERS,, ROAD NO. 12,
Address of company BANJARA HILLS,,
HYDERABAD, Telangana,
INDIA, 500034
Country of incorporation of company INDIA
CIN of company U29100TG2011PTC074919
Company limited by
Type of company shares/Indian Non Govt
Company
Percentage of shares held 100.00%
Applicable section 2(87)
5

01/04/2020
to
31/03/2021
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
As pere text block
reserves
Disclosures relating to amount recommended to be paid as dividend As per text block
Details regarding energy conservation [See below]
During the period under
review, the Company has
not absorbed any new
Details regarding technology absorption Technology. No research
and development
activities are carried
on by the Company.
Foreign Exchange
Earnings- Rs. 286.47
Lakhs (Previous year - Rs.
Details regarding foreign exchange earnings and outgo 555.54 Lakhs) and Out go
- Rs. 3096.52 Lakhs
(Previous year - Rs.
2753.70 Lakhs)
Disclosures in director’s responsibility statement [See below]
Details of material changes and commitment occurred during period
As per the text block
affecting financial position of company
Particulars of loans guarantee investment under section 186 [TextBlock] [See below]
Particulars of contracts/arrangements with related parties under section As per text block
188(1) [TextBlock]
Whether there are contracts/arrangements/transactions not at arm's

No
length basis
Whether there are material contracts/arrangements/transactions at
Yes
arm's length basis
Details of statement indicating manner in which formal
AS PER TEXT BLOCK
annual evaluation made by board of its performance and of its
committees and individual directors [TextBlock]
Disclosure of extract of annual return as provided under section 92(3)

NA
[TextBlock]
As per text block

Details of change in promoters shareholding [TextBlock]
Details of shareholding pattern of directors and key managerial As per text block
personnel [TextBlock]
The provisions
of Section 149 pertaining
to the appointment of
Disclosure of statement on declaration given by independent directors Independent Directors
under section 149(6) [TextBlock] do not apply to our
Company.
/>
Disclosure for companies covered under section 178(1) on

As per text block
directors appointment and remuneration including other matters
provided under section 178(3) [TextBlock]
Disclosure of statement on development and implementation of risk As per text block

management policy [TextBlock]
Details on policy development and implementation by company on

As per text block
corporate social responsibility initiatives taken during year
[TextBlock]
6
AS PER TEXT BLOCK

Disclosure as per rule 8(5) of companies accounts rules 2014 [TextBlock]
As per text block

Disclosure of financial summary or highlights [TextBlock]
No change in the
Disclosure of change in nature of business [TextBlock] Business.
Details of directors or key managerial personnels who were No Change in directors

appointed or have resigned during year [TextBlock] .
Disclosure of companies which have become or ceased to be its

As per text block
subsidiaries, joint ventures or associate companies during
year [TextBlock]
Details relating to deposits covered under chapter v of companies act Textual information (6)
[TextBlock] [See below]
Deposits accepted during year 0
Deposits remained unpaid or unclaimed at end of year 0
Details of deposits which are not in compliance with requirements Textual information (7)
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]
The Company has

an adequate internal
financial control
system, commensurate
Details regarding adequacy of internal financial controls with
with the size of its
reference to financial statements [TextBlock] business
operations.
/>
Disclosure of appointment and remuneration of managerial personnels As per text block

[TextBlock]
Details of comparison of remuneration of key managerial personnels

against performance of company [TextBlock]
Details of variations in market capitalisation of company [TextBlock]
Details of average percentile increase in salaries

of employees other than managerial personnels in last
financial year and its comparison with percentile
increase in managerial remuneration [TextBlock]
Details of comparison of each remuneration of key managerial
personnels against performance of company [TextBlock]
Details of key parameters for any variable component of remuneration

availed by directors [TextBlock]
Statement showing details of employees of company under
rule 5(2) and (3) of companies appointment and
remuneration of managerial personnels rules 2014
[TextBlock]
Disclosure regarding issue of sweat equity shares [TextBlock]
Details of sweat equity shares issued under clause (c)

of sub rule (13) of rule (8) of companies share capital and
debentures rules 2014 [TextBlock]
AS PER TEXT BLOCK

Disclosure of voting rights not exercised directly by employees [TextBlock]
Names of employees not exercised voting rights directly [TextBlock]
7
Reasons for not voting directly [TextBlock]
Name of person exercising voting rights directly [TextBlock]
Resolutions on which votes casted by persons holding such voting power

[TextBlock]
Disclosure of equity shares with differential rights [TextBlock]
Details of differential rights relating to voting rights and dividends

[TextBlock]
Particulars of promoters, directors or key managerial personnels

to whom such shares are issued [TextBlock]
Details of change in control, if any, in company consequent to
issue of equity shares with differential voting rights
[TextBlock]
Details of pre and post issue shareholding pattern along with voting
rights [TextBlock]
Disclosure of composition of audit committee and non-acceptance
of any recommendation of audit committee along with reasons
[TextBlock]
Disclosure of details of establishment of vigil mechanism [TextBlock]
Disclosure of policy formulated by nomination and remuneration

committee relating to remuneration for directors, key
managerial personnels and other employees [TextBlock]
Disclosure of facts of resignation of director in report of
directors laid in immediately following general meeting
[TextBlock]
Disclosure of report concerns about unethical behaviour,
actual or suspected fraud or violation of company’s code of
conduct or ethics policy [TextBlock]
Disclosures relating to employee stock option scheme explanatory
[TextBlock]
Disclosures relating to employee stock purchase scheme explanatory

[TextBlock]
Number of meetings of board 8
8
Disclosure in board of directors report explanatory [Text Block]

DIRECTORS' REPORT
To
The Members
MYK Laticrete India Private Limited
Your Directors are delighted in presenting the 22nd Annual Report on business of the Company along with the audited statements of account of
the company for the year ended 31st March 2021.
RESULTS OF OUR OPERATIONS
Amount in Rupees in Lakhs
Particulars STAND ALONE CONSOLIDATED
Year Ended Year Ended Year Ended Year Ended
31.03.2021 31.03.2020 31.03.2021 31.03.2020
Total Income 45,113.80 41,613.57 45,113.80 41,613.68
Profit before Amortization, Depreciation & Tax 12,855.32 12,093.56 12,854.81 12,093.45
Amortization & Depreciation 529.65 484.63 529.65 484.63
Profit before tax 12,325.67 11,608.93 12,325.16 11,608.82
Income Tax 3,189.41 2,985.65 3,189.28 2,985.62
9
Deferred Tax 28.85 (16.54) 28.85 (16.54)
Profit after tax 9,107.40 8,639.82 9,107.03 8,639.73
Reserves available for Distribution of Funds 18,184.84 15,505.83 18,182.96 15,504.36
The proposed appropriations are:
Dividend 0.00 2,811.81 0.00 2,811.81
Corporate Dividend Tax 0.00 577.98 0.00 577.98
General Reserve 0.00 863.00 0.00 863.00
Premium on Buy Back of Shares 0.00 1,742.50 0.00 1,742.50
Tax on Buy Back of Shares 0.00 425.73 0.00 425.73
Transferred to Capital Redemption Reserve 0.00 85.00 0.00 85.00
Balance Carried Forward 18,184.84 8,998.81 18,182.96 8,997.34
OPERATIONS
Despite the prevailing COVID situation and lockdown for almost 2 months at the beginning of the year we have achieved growth in both Revenue
and PAT in year 20-21 as compared to previous year.
Revenue from the standalone operations of your Company is Rs. 45,113.80 Lakhs, growth of 8% over previous year revenue of Rs. 41,613.57
Lakhs. Overall expense for the year was Rs. 32,788.13 Lakhs, against Rs. 30,004.63 Lakhs in the previous year. Operating Profit (EBITDA) was
Rs. 12,906.51 Lakhs, against Rs. 12,135.17 Lakhs in the previous year.
10
Profit after Tax (excluding exceptional item) for the year is at Rs. 9,107.40 Lakhs (20% of revenue), and is higher by 5% over previous year PAT
of Rs. 8,639.82 Lakhs, (21% of revenue).
FUTURE PROSPECTS
Despite the unfavorable circumstances the company has given another profitable year and we are looking forward for more profits and sustainable
growth in your organization.
We periodically assess the effectiveness of your organization structure and processes to optimize them for alignment with your strategic
objectives and agility. We focus on quality enhancement and cost minimization which results to better turnover and help us in achieving your
organizational objectives. We continually evaluate critical cross-functional processes and benchmark them with best-in-class practices to optimize
costs and enable swift and effective response to our clients. We constantly monitor and optimize various operational parameters such as the cost
and utilization of resources, distribution of employees, and the optimal realization of the efficiencies of scale.
MATERIAL CHANGES AND COMMITMENTS
No material changes affecting the business of the company since the date of Balance Sheet.
The world is facing an unprecedented challenge in this century with Corona Virus (Covid 19) outbreak, this has posed challenges across the globe
and disrupted our lives like never before. I want to assure you that even in these uncertain times your Company has been taking all the measures
to successfully mitigate risks and navigate business. We are continuously monitoring situation and putting measures to safeguard lives of our
employees, our assets, and our business interest.
We see huge changes across the segment, industry, demand pattern and overall GDP growth of the economy. We are continuously monitoring the
situation and we are ready to face any business challenge which may arise during pandemic or in post-COVID world.
DIVIDEND
Your directors do not recommend any Dividend for the year under review.
11
CHANGE IN SHARE CAPITAL
There are no changes in the Authorised Share Capital and the Issued, Subscribed & Paid up Share Capital of the Company and stood at Rs.
5,00,00,000 and Rs. 3,51,47,600 respectively and the Company has not issued any other Securities nor granted any Stock Options or Sweat Equity
during the year.
DECLARATION OF INDEPENDENT DIRECTORS
The provisions of Section 149 pertaining to the appointment of Independent Directors do not apply to our Company.
NUMBER OF MEETINGS OF THE BOARD
During the year Four (4) Board meetings were held on the following dates:
Mr. Mr. P.
Muralidhar Muni
Mrs. Kirthi Mr. David Allen Mr. Erno Gerard Mr. Faisal
Yadama Krishna
Meeting Date Krishna Yadama Rothberg De Bruijn Saleem
(DIN:00505766) (DIN:02644434) (DIN:02644440) (DIN:06627049)
(DIN: (DIN:
00034952) 00011580)
ATTENDANCE OF
DIRECTORS AT THE
BOARD MEETINGS
12.06.20 Yes LOA Yes Yes Yes Yes
12
16.09.20 Yes LOA Yes Yes Yes Yes
11.01.21 Yes Yes Yes Yes Yes Yes
11.03.21 Yes LOA Yes Yes NA Yes
The Intervening gap between two Board Meetings was within time limit specified under the provisions of the Companies Act, 2013 and the rules
made there under
DISCLOSURE AS PER SEXUAL HARRASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND REDRESSAL)
ACT, 2013
The Company has zero tolerance for sexual harassment at workplace and has adopted a policy on prevention, prohibition and redressal of sexual
harassment at workplace in line with the provisions of Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act,
2013 and the rules framed there under.
During the financial year 2020-21, the Company has not received any complaints on sexual harassment.
DIRECTORS
During the year under review Mr Erno De Bruijn resigned from the Directorship with effect from 15th February, 2021. Company has received
Nomination from Laticrete International Inc to appoint Mr Patrick Millot as a Director.
Mr Patrick Millot earned an engineering degree from the Ecole Nationale Supï¿½rieure des Mines de Paris, holds a master's in Economics, a LL.
M. in International and European law and is a graduate from the Ecole Normale Supï¿½rieure.
Patrick Millot joined LATICRETE International Inc. as CEO in August of 2020. Before Joining Laticrete International Inc, he started his career
at Saint-Gobain in finance and strategy and served as CEO of Abrasives and Composites Systems at Saint-Gobain where he led a division
overseeing 12,300 employees from 88 sites in 30 countries.
13
EXPLANATION OR COMMENTS ON QUALIFICATIONS, RESERVATIONS OR ADVERSE REMARKS OR DISCLAIMERS MADE BY

THE AUDITORS AND THE PRACTICING COMPANY SECRETARY IN THEIR REPORTS
There was no qualification, reservation or adverse remark made by the Auditors in their report. The provisions of Section 204 of the Companies
Act, 2013 relating to submission of Secretarial Audit Report is not applicable to the Company.
CORPORATE SOCIAL RESPONSIBILITY:
As per the Companies Act, 2013, all companies having net worth of Rs 500 crore or more, or turnover of Rs 1,000 crore or more or a net profit of
Rs 5 crore or more during any financial year are required to constitute a corporate social responsibility (CSR) committee of the Board of Directors
comprising three or more directors, at least one of whom should be an independent director and such Company shall spend at least 2% of the
average net profits of the Company's three immediately preceding financial years.
In compliance with the provisions of Section 135 of the Companies Act, 2013 read with Companies (Corporate Social Responsibility) Rules,
2014, the Board of Directors of the Company at its meeting held on 13th August, 2014 has constituted the Corporate Social Responsibility (CSR)
Committee.
The CSR Committee has been entrusted with responsibility of formulating and recommending to the Board, a Corporate Social Responsibility
Policy indicating the activities to be undertaken by the Company as specified in Schedule VII to the Companies Act, 2013; recommending to the
Board the amount of expenditure to be incurred; monitoring the implementation of framework of CSR Policy and ensuring that implementation of
the project and programs is in compliance with the CSR Policy of the Company.
Accordingly, we spent Rs. 95.95 lakhs towards CSR activities in the financial year 2020-2021 and an amount of Rs. 135.95 lakhs have been
committed and work for the same is in process. The work is expected to be complete in next 1-2 years. The annual report on CSR activities is
appended as Annexure - A to the Director's report
STATUTORY AUDITORS
14
Pursuant to the provisions of 139 of the Companies Act' 2013 and the Rules framed there under M/s. C. Ramachandram & Co., Chartered
Accountants (Firm Reg. No. 002864S) are Ratified as the Statutory Auditors of the company from the conclusion of the Eighteenth Annual
General Meeting of the company held on 24th August 2017 till the conclusion of 23rd Annual General Meeting to be held in the year 2023. The
requirement for the annual ratification of auditors 'appointment at the AGM has been omitted pursuant to Companies (Amendment) Act'2017
notified on May 7, 2018. They have given their eligibility & consent for the proposed ratification.
MATERIAL CHANGES AND COMMITMENT IF ANY AFFECTING THE FINANCIAL POSITION OF THE COMPANY OCCURRED
BETWEEN THE END OF THE FINANCIAL YEAR TO WHICH THIS FINANCIAL STATEMENTS RELATE AND THE DATE OF THE
REPORT
No material changes and commitments affecting the financial position of the Company occurred between the ends of the financial year to which
this financial statement relate on the date of this report.
The world is facing an unprecedented challenge in this century with Corona Virus (Covid 19) outbreak, this has posed challenges across the globe
and disrupted our lives like never before. I want to assure you that even in these uncertain times your Company has been taking all the measures
to successfully mitigate risks and navigate business. We are continuously monitoring situation and putting measures to safeguard lives of our
employees, our assets, and our business interest.
We see huge changes across the segment, industry, demand pattern and overall GDP growth of the economy. We are continuously monitoring the
situation and we are ready to face any business challenge which may arise during pandemic or in post-COVID world.
CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNINGS AND OUT GO
Conservation of Energy:
(i) The Company has taken appropriate measures to conserve the energy wherever possible.
(ii) No additional investment or measures for additional investments was made for the conservation of energy during the period under
review.
(iii) As there is no additional investment, there will be no impact of the same on the business of the Company.
15
Technology Absorption:
During the period under review, the Company has not absorbed any new Technology. No research and development activities are carried on by
the Company.
Foreign Exchange Earnings- Rs. 286.47 Lakhs (Previous year - Rs. 555.54 Lakhs) and
Out go - Rs. 3096.52 Lakhs (Previous year - Rs. 2753.70 Lakhs)
DIRECTORS' RESPONSIBILITY STATEMENT
Pursuant to the requirement of Section 134(5) of the Act, and based on the representations received from the management, the directors hereby
confirm that:
in the preparation of the annual accounts for the financial year 2020-21, the applicable accounting standards have been followed and there are no
material departures;
they have 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 at the end of the financial year and of the profit of the Company for the
financial year;
they have taken proper and sufficient care to the best of their knowledge and ability for the maintenance of adequate accounting records in
accordance with the provisions of the Act. They confirm that there are adequate systems and controls for safeguarding the assets of the Company
and for preventing and detecting fraud and other irregularities;
they have prepared the annual accounts on a going concern basis;
they have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and
operating effectively
DEVELOPMENT AND IMPLEMENTATION OF RISK MANAGEMENT POLICY
The Company has developed & implemented Risk Management Policy. However, Company has not come across any element of risk which may
threaten the existence of the Company
16
DETAILS OF SIGNIFICANT MATERIAL ORDERS PASSED BY THE REGULATORS / COURTS / TRIBUNAL IMPACTING THE GOING
CONCERN STATUS AND COMPANY'S OPERATION IN FUTURE
There are no significant material orders passed by the Regulators / Courts / Tribunal which would impact the going concern status of the
Company and its future operations. Hence, disclosure pursuant to Rule 8 (5) (vii) of Companies (Accounts) Rules, 2014 is not required.
PARTICULARS OF EMPLOYEES
Statement pursuant to Section 197(12) of the Companies Act, 2013 read with Rule 5(2) of the Companies (Appointment and Remuneration of
Managerial Personnel) Rules, 2014 forming part of the Directors' Report for the year ended March 31, 2021.
(A) Personnel who are in receipt of

remuneration aggregating not less than
Rs.1,02,00,000 per annum and
employed through out of the financial
year
Designation Date of Age

Remuneration Last
Name & Nature of Qualification Commencement in
(Gross-Rs) Employment
Duties of Employment Years
Managing
Yadama Muralidhar 3,80,09,900 B. Tech 04.05.1999 49 NA
Director
President MBA-
ACC
Amar Bir Palta -Sales and 1,32,60,000 23-08-2000 51
Limited.
Marketing Marketing
(B) Personnel who are in receipt of

remuneration aggregating not less than
Rs. 8,50,000 per month and employed
for part of the financial year
Designation Date of Age
17
Name & Nature of Remuneration Qualification Commencement in Last

Duties (Gross) of Employment Years Employment
NA NA NA NA NA NA NA
EXTRACT OF ANNUAL RETURN
The extract of Annual Return as provided under Sub-Section (3) of Section 92 of the Companies Act, 2013 (the "Act") is enclosed as Annexure -
B in the prescribed form MGT-9 and forms part of this Report.
PARTICULARS OF LOANS, GUARANTEES AND INVESTMENTS
There was no loan given or guarantee given, or investment made or security provided pursuant to Section 186 of the Companies Act, 2013 during
the year under review and hence the said provisions are not applicable.
DETAILS IN RESPECT OF ADEQUACY OF INTERNAL FINANCIAL CONTROLS WITH REFERENCE TO THE FINANCIAL
STATEMENTS PURSUANT TO RULE 8 (5) (viii) OF COMPANIES (ACCOUNTS) RULES, 2014:
The Company has an adequate internal financial control system, commensurate with the size of its business operations.
SUBSIDIARIES
In accordance with Section 129(3) of the Companies Act, 2013, we have prepared consolidated financial statements of the company and its
subsidiary, which form part of the Annual Report. Further a statement containing salient features of the financial statement of our subsidiary is
annexed herewith in Form AOC-1 as "Annexure- C".
18
TRANSACTIONS WITH RELATED PARTIES
The Company has entered into contract / arrangements with the related parties in the ordinary course of business and on arm's length basis. Thus
provisions of Section 188(1) of the Act are not applicable.
Related party transaction entered into by the Company during the Year are annexed herewith in Form AOC-2 as "Annexure - D".
COMPLIANCE WITH SECRETARIAL STANDARDS ON BOARD AND GENERAL MEETING
The Company has complied with Secretarial Standards issued by the Institute of Company Secretaries of India on Board Meetings and General
Meetings.
CORPORATE INSOLVENCY RESOLUTION PROCESS INITIATED UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016
(IBC)
Disclosures pertaining to Corporate Insolvency Resolution Process Initiated under The Insolvency and Bankruptcy Code, 2016 (IBC), are not
required to be made for your company during the year under review.
DEPOSITS
During the year under review, the company has neither invited nor accepted any deposits falling under the purview of Section 75 the Companies
Act, 2013 read with Companies (Acceptance of Deposits) Rules, 2014.
COST AUDITOR
Your Board has appointed M/s. B.V. Rao & Associates, Cost Accountants, as Cost Auditors of the Company for conducting cost audit for FY22.
A resolution seeking ratification of remuneration payable to the Cost Auditors for FY22 is provided at Item No. 3 of the Notice of the ensuing
AGM.
19
Pursuant to Section 148 of the Act, your Company carries out an annual audit of cost accounts. Further, the cost accounts and records as required
to be maintained under Section 148 of the Act are duly made and maintained by the Company.
LOAN FROM DIRECTORS
During the year under review, the company has not taken any loan from Directors of the Company.
FRAUDS REPORTED BY THE AUDITORS
No Frauds were reported by the Auditors in their reports during the year under review.
ACKNOWLEDGEMENTS
The Directors would also like to thank the employees, shareholders, customers, suppliers, alliance partners and bankers for the continued support
given by them to the Company and their confidence reposed in the management
For and on behalf of the Board
For MYK LATICRETE INDIA PRIVATE LIMITED
Y.MURALIDHAR KIRTHI KRISHNA YADAMA
20
Managing Director Director
(DIN.00034952) (DIN.00011580)
Place: Hyderabad
Date: 06.05.2021
ANNEXURE- B
FORM NO. MGT 9
EXTRACT OF ANNUAL RETURN
As on financial year ended on 31.03.2021
Pursuant to Section 92 (3) of the Companies Act, 2013 and Rule 12(1) of the Company (Management & Administration) Rules, 2014.
I. REGISTRATION & OTHER DETAILS:
1.
CIN U99999TG1999PTC031624
2.
Registration Date 04.05.1999
3.
Name of the Company MYK LATICRETE INDIA PRIVATE LIMITED
21
4.
Category/Sub-category of the Company Company Limited by Shares
8-2-703/A, 4th Floor, Leela Gopal Towers, Road No.12, Banjara Hills,
Hyderabad, Telangana - 500034
Ph : +91 40 68173100
5.
Address of the Registered office & contact details
Fax : +91 40 23379784
Email: contact@myklaticrete.com
Website:www.myklaticrete.com
6.
Whether listed company No
7.
Name, Address & contact details of the Registrar
& Transfer Agent, if any.
N .A
II. PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY ( All the business activities contributing 10 % or more of the total turnover
of the company shall be stated)
NIC Code of the

S. Name and Description of main products / Product/service % to total turnover of the
No. services company
1 Tiles Adhesives and Grouts 3039 100
III. PARTICULARS OF HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES -
% of
Applicable
Sl . Holding/ Subsidiary/
Name and address of the Company CIN/GLN shares
No. Associate
Section
held
22
U29100TG2011PTC074919
MYK Tools Private Limited
1 Subsidiary 99.90 2(87)
MYK Laticrete Building Materials

2 Subsidiary 99.99 2(87)
Private Limited U24304TG2020PTC139652
IV. SHARE HOLDING PATTERN (Equity Share Capital Breakup as percentage of Total Equity)
Category-wise Share Holding
No. of Shares
No. of Shares %
held at the
held at the end Change
Category of beginning of
of the year[As during
Shareholders the year[As
on the year
on
31-March-2021]
01-April-2020]
% of
Demat Physical Total Total Demat Physical
Shares
A. Promoter s
(1) Indian
a) Individual/
NIL 1757380 1757380 50 NIL 1757380
HUF
NIL
b) Central Govt NIL NIL NIL
c) State
NIL NIL NIL NIL
Govt(s)
d) Bodies
NIL NIL NIL NIL
Corp.
e) Banks / FI NIL NIL NIL NIL
23
f) Any other NIL NIL NIL NIL
Total
shareholding of NIL 1757380 1757380 50 NIL 1757380
(A)1
(2) Foreign
a)NRI
NIL NIL NIL
Individuals
b)Other
NIL NIL NIL
Individuals
c)Bodies
NIL 1757380 1757380 50 NIL 1757380
corporate
d)Any Other NIL NIL NIL
Sub Total (A)

NIL 1757380 1757380 50 NIL 1757380
(2)
TOTAL (A) NIL 3514760 3514760 100 NIL 3514760
B. Public
Shareholding
1. Institutions NIL NIL NIL NIL
a) Mutual
NIL NIL NIL NIL
Funds
b) Banks / FI NIL NIL NIL NIL
c) Central Govt NIL NIL NIL NIL
24
d) State NIL NIL NIL NIL

Govt(s)
e) Venture
NIL NIL NIL NIL
Capital Funds
f) Insurance
NIL NIL NIL NIL
Companies
g) FIIs NIL NIL NIL NIL
h) Foreign
Venture Capital NIL NIL NIL NIL
Funds
i) Others
NIL NIL NIL NIL
(specify)
Sub-total
NIL NIL NIL NIL
(B)(1):-
2.
Non-Institutions
a) Bodies
NIL NIL NIL NIL
Corp.
i) Indian NIL NIL NIL NIL
ii) Overseas NIL NIL NIL NIL
b) Individuals NIL NIL NIL NIL
i) Individual
shareholders
holding
NIL NIL NIL NIL
nominal share
capital upto Rs.
1 lakh
ii) Individual
shareholders
holding
25
nominal share
NIL NIL NIL NIL
26
capital in
excess of Rs 1
lakh
c) Others
NIL NIL NIL NIL
(specify)
Non Resident
NIL NIL NIL NIL
Indians
Overseas
Corporate NIL NIL NIL NIL
Bodies
Foreign
NIL NIL NIL NIL
Nationals
Clearing
NIL NIL NIL NIL
Members
Trusts NIL NIL NIL NIL
Foreign Bodies
NIL NIL NIL NIL
-DR
Sub-total
NIL NIL NIL
(B)(2):-
Total Public
Shareholding
NIL NIL NIL NIL
(B)=(B)(1)+
(B)(2)
C. Shares held
by Custodian
NIL NIL NIL NIL
for GDRs &
ADRs
Grand Total
NIL 3514760 3514760 100 NIL 3514760
(A+B+C)
27
B . Shareholding of Promoters:
Shareholding at Shareholding % change in

Shareholder's
SN the beginning at the end of Shareholding
Name
of the year the year during the year
%of Shares % of total %of Shares

% of total
Pledged / No. of Shares of Pledged /
No. of Shares Shares of the
encumbered to Shares the encumbered to
company
total shares company total shares
Mr. Y
1 1497555 42.61 NIL 1497555 42.61 NIL NIL
Muralidhar
Laticrete
2 International 1757380 50.00 NIL 1757380 50.00 NIL NIL
INC
Mrs. Kirthi
3 Krishna 259825 7.39 NIL 259825 7.39 NIL NIL
Yadama
C . Change in Promoters' Shareholding (please specify, if there is no change):-
Not Applicable as there is no Change in Promoters' Shareholding during the year and the same is mentioned in point IV.B above.
D. Shareholding Pattern of top ten Shareholders: (Other than Directors, Promoters and Holders of GDRs and ADRs): Not Applicable as there are
only three shareholders and their shareholding pattern is provided in point IV.B above
28
E. Shareholding of Directors and Key Managerial Personnel:
SN
Shareholding of each Directors and each
Key Managerial Personnel
Shareholding at the
Beginning Cumulative Shareholding
During The Year
of the year
Mr. Yadama Muralidhar

1.
No. of
% of total % of total
Shares
Shares of the No. of Shares Shares of the
Company Company
At the beginning of the year 1497555 42.61 1497555 42.61
Date wise Increase / Decrease in

NIL NIL
Shareholding during the year
At the end of the year 1497555 42.61 1497555 42.61
2. Mr. Muni Krishna Papagari
At the beginning of the year NIL NIL NIL NIL

NIL NIL
At the end of the year NIL NIL NIL NIL
3. Mrs. Kirthi Krishna Yadama
29
At the beginning of the year 259825 7.39 259825 7.39

NIL NIL
At the end of the year 259825 7.39 259825 7.39
4 Mr. David Allen Rothberg
At the beginning of the year NIL NIL

NIL NIL
At the end of the year NIL NIL
5 Mr. Erno Gerard De Bruijn (*)

NIL NIL
6 Mr. Faisal Saleem

NIL NIL
* Mr. Erno Gerard De Bruijn resigned from Directorship with effect from 15th February, 2021.
30
V. INDEBTEDNESS - Indebtedness of the Company including interest outstanding/accrued but not due for payment.
Secured Loans excluding Unsecured Total

Deposits
deposits Loans Indebtedness
Indebtedness at the beginning of the financial

year
i) Principal Amount 3,55,27,077 - - 3,55,27,077
ii) Interest due but not paid - - - -
iii) Interest accrued but not due - - -
Total (i+ii+iii) 3,29,73,801 - - 3,29,73,801
Change in Indebtedness during the financial

year
* Addition 2,53,27,053 - - 2,53,27,053
* Reduction - -
Net Change 2,53,27,053 - - 2,53,27,053
Indebtedness at the end of the financial year
i) Principal Amount 6,08,54,130 6,08,54,130
ii) I2,13nterest due but not paid - - - -
iii) Interest accrued but not due - - - -
Total (i+ii+iii) 6,08,54,130 - - 6,08,54,130
31
VI. REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL-
A. Remuneration to Managing Director, Whole-time Directors and/or Manager:
Particulars of Total
SN. Name of Managing Director
Remuneration Amount
Mr. Yadama Muralidhar

(DIN:00034952)
1 Gross salary
(a) Salary as per provisions contained in section 17(1) of

the Income-tax Act, 1961
2,54,82,900 2,54,82,900
(b) Value of perquisites u/s 17(2) Income-tax Act, 1961
-
(c) Profits in lieu of salary under section 17(3) Income- tax
-
Act, 1961
2 Stock Option - -
3 Sweat Equity - -
32
Commission- as %
4 1,25,27,000 1,25,27,000
of salary
-
Others, please
specify
5 -
Total (A)
3,80,09,900 3,80,09,900
NA
Ceiling as per the
Act
NA
B. Remuneration to other Directors: - Amt in INR
S.No Name of the Director Fee for Attending Board Meeting
1 Mr. David Allen Rothberg 0.00
2 Mr. Muni Krishna Papagiri 0.00
3 Mr. Erno Gerard De Bruijn 0.00
4 Mr. Faisal Saleem 0.00
5 Mrs. Kirthi Krishna Yadama 0.00
33
No remuneration has been paid to other directors except sitting fees
C. REMUNERATION TO KEY MANAGERIAL PERSONNEL OTHER THAN MD/MANAGER/ WTD: Not Applicable, since the
Company is not having Key Managerial Personnel other than Managing Director
VII. PENALTIES / PUNISHMENT/ COMPOUNDING OF OFFENCES:
In relation to the Company and Directors there were no Penalties / Punishment/ Compounding of offences for the year ending 31st March, 2021.
34
(DIN.00034952) (DIN.00011580)
Place: Hyderabad
Date: 06.05.2021
35
ANNEXURE C
Form AOC-1
(Pursuant to first proviso to sub-section (3) of section 129 read with rule 5 of Companies (Accounts) Rules, 2014)
Statement containing salient features of the financial statement of subsidiaries/associate companies/joint ventures
36
Part "A": Subsidiaries
(Information in respect of each subsidiary to be presented with amounts in Rs.)
Sl.
Particulars Details Details
No.
MYK Tools MYK Laticrete

1 Name of the subsidiary Private Building Materials
Limited Private Limited
Reporting period for the subsidiary concerned, if different from the holding company's
2 31.03.2021
reporting period 31.03.2021
Reporting currency and by TheAdBlock"

Not
3 href="http://csankitgarg.blogspot.in/2015/03/form-aoc-1.html#61317097"> Exchange Not applicable
applicable
Rate as on the last date of the relevant Financial year in the case of foreign subsidiaries
4 Share capital 1,00,000 1,00,000
5 Reserves & surplus (1,74,136) (27,170)
6 Total assets 11,220 1,00,518
7 Total Liabilities 11,220 1,00,518
by TheAdBlock"
8 Nil Nil
href="http://csankitgarg.blogspot.in/2015/03/form-aoc-1.html#49976812"> Investment
9 Turnover Nil Nil
10 Profit before taxation (23,800) (27,688)
11 Provision for taxation Nil Nil
12 Deferred Tax Nil (518)
37
13 Profit after taxation (23,800) (27170)
14 Proposed Dividend Nil Nil
15 % of shareholding 99.90 99.99
Notes: The following information shall be furnished at the end of the statement:
1. Names of Subsidiaries which are yet to commence operations - MYK Tools Private limited, MYK Laticrete Building Materials Private
Limited
2. Names of Subsidiaries which have been liquidated or sold during the Year - No Company Sold or Liquidated during the Year.
Part "B": Associates and Joint Ventures
Statement pursuant to Section 129 (3) of the Companies Act, 2013 related to Associate Companies and Joint Ventures: - The Company is not
having any Associate Company or Joint ventures.
Annexure - D
Form No. AOC-2
(Pursuant to clause (h) of sub-section (3) of section 134 of the Act and Rule 8(2) of the Companies (Accounts) Rules, 2014)
Form for disclosure of particulars of contracts/arrangements entered into by the company with related parties referred to in sub-section (1) of
section 188 of the Companies Act, 2013 including certain arms length transactions under third proviso thereto
1. Details of contracts or arrangements or transactions not at arm's length basis:
38
There were no contracts / arrangements / transactions entered into during the year ended 31st March 2021 which were not on Arm's Length Basis.
2. Details of material contracts or arrangement or transactions at arm's length basis:
Salient
Duration
Name of the Features Amount in
Nature of the Relationship of
Related Party of Rs
Contract
contract
Nature of Contract :Purchase of Goods
The Directors of the Company, Mr Y Muralidhar and Mr. P Munikrishna

Parasakti
are on the Board of Parasakti Cement Industries Limited and Mrs. Y On
Cement Not
Kirthi Krishna is the daughter of Mr. P Munikrishna Going 4,78,84,305
Industries applicable
Basis
Limited
MYK Arment On
The Directors of the Company, Mr. Y Muralidhar and Mr. P Munikrishna Not
Private Going 19,14,66,129
are on the Board of MYK Arment Private Limited. applicable
Limited Basis
Bemci
Industries Pvt On
The Director of the Company is one of the shareholders of Bemci Not
Ltd Going 9,42,260
Industries Private Limited. applicable
Basis
Turbovent
One of the Director Mr Munikrishna Papagari is the Shareholder and Mr On
Industries Not
Yashwanth Papagari, Son of Mr M Papagari is the Director of such Going 9,90,610
Private applicable
Company Basis
Limited
Nature of Contract :Sale of Goods
MYK Arment On
The Directors of the Company, Mr. Y Muralidhar and Mr. P Munikrishna Not
Private Going 6,77,35,153
are on the Board of Arment Private Limited. applicable
Limited Basis
Laticrete On
Not
South East Laticrete International Inc, USA is holding 50% share of the Company Going 1,62,818
applicable
Asia Pte Ltd Basis
39
Laticrete On Not
(Malaysia) Laticrete International Inc, USA is holding 50% share of the Company Going 9,89,910
applicable
SDN BHD Basis
(DIN.00034952) (DIN.00011580)
Place: Hyderabad
Date: 06.05.2021
Description of state of companies affair

Revenue from the standalone operations of your Company is Rs. 45,113.80 Lakhs, growth of 8% over previous year revenue of Rs. 41,613.57
Lakhs. Overall expense for the year was Rs. 32,788.13 Lakhs, against Rs. 30,004.63 Lakhs in the previous year. Operating Profit (EBITDA) was
Rs. 12,906.51 Lakhs, against Rs. 12,135.17 Lakhs in the previous year. Profit after Tax (excluding exceptional item) for the year is at Rs.
9,107.40 Lakhs (20% of revenue), and is higher by 5% over previous year PAT of Rs. 8,639.82 Lakhs, (21% of revenue).
40
Details regarding energy conservation

(i) The Company has taken appropriate measures to conserve the energy wherever possible. (ii) No additional investment or measures for
additional investments was made for the conservation of energy during the period under review. (iii) As there is no additional investment, there
will be no impact of the same on the business of the Company.
Disclosures in director’s responsibility statement

Pursuant to the requirement of Section 134(5) of the Act, and based on the representations received from the management, the directors hereby
confirm that: i. in the preparation of the annual accounts for the financial year 2020-21, the applicable accounting standards have been followed
and there are no material departures; ii. they have 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 at the end of the financial year
and of the profit of the Company for the financial year; iii. they have taken proper and sufficient care to the best of their knowledge and ability for
the maintenance of adequate accounting records in accordance with the provisions of the Act. They confirm that there are adequate systems and
controls for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities; iv. they have prepared the
annual accounts on a going concern basis; v. they have 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]

There was no loan given or guarantee given, or investment made or security provided pursuant to Section 186 of the Companies Act, 2013 during
the year under review and hence the said provisions are not applicable.
Details relating to deposits covered under chapter v of companies act [Text Block]
Details of deposits which are not in compliance with requirements of chapter v of act [Text Block]
41
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]
There are no significant material orders passed by the Regulators / Courts / Tribunal which would impact the going concern status of the
Company and its future operations. Hence, disclosure pursuant to Rule 8 (5) (vii) of Companies (Accounts) Rules, 2014 is not required.
[400200] Disclosures - Auditors report
Details regarding auditors [Table] ..(1)

Auditors [Axis] CRAMACHANDRAMCO
01/04/2020
to
31/03/2021
Details regarding auditors [Abstract]
Details regarding auditors [LineItems]
Category of auditor Auditors firm
Name of audit firm C RAMACHANDRAM&CO
Name of auditor signing report DEGALA PREMNATH
Firms registration number of audit firm 002684S
Membership number of auditor 207133
3-6-237,UNIT#606,LINGAPUR LA
Address of auditors BUILDING,COMPLEX,HIMAYATNAGAR,HYDERABAD.
Permanent account number of auditor or auditor's firm AABFC4266H
SRN of form ADT-1 S24495988
Date of signing audit report by auditors 06/05/2021
Date of signing of balance sheet by auditors 06/05/2021
42
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]
01/04/2020
to
31/03/2021
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]
Textual information
Disclosure in auditors report relating to fixed assets (9) [See below]
Textual information
Disclosure in auditors report relating to inventories (10) [See below]
Disclosure in auditors report relating to loans As per text block
Disclosure about loans granted to parties covered under section 189 of companies act As per text block
Disclosure relating to terms and conditions of loans granted As per text block
Disclosure regarding receipt of loans granted As per text block
Disclosure regarding terms of recovery of loans granted As per text block
Disclosure in auditors report relating to compliance with Section 185 and 186 of Companies Act, 2013 As per text block
Disclosure in auditors report relating to deposits accepted As per text block
Textual information
Disclosure in auditors report relating to maintenance of cost records (11) [See below]
Textual information
Disclosure in auditors report relating to statutory dues [TextBlock] (12) [See below]
Textual information
Disclosure relating to regularity in payment of undisputed statutory dues [TextBlock] (13) [See below]
Textual information
Disclosure relating to disputed statutory dues [TextBlock] (14) [See below]
Textual information
Disclosure in auditors report relating to default in repayment of financial dues (15) [See below]
Disclosure in auditors report relating to public offer and term loans used for purpose for which Textual information
those were raised (16) [See below]
Disclosure in auditors report relating to fraud by the company or on the company by its officers Textual information
or its employees reported during period (17) [See below]
Disclosure in auditors report relating to managerial remuneration As per text block
Disclosure in auditors report relating to Nidhi Company As per text block
Textual information
Disclosure in auditors report relating to transactions with related parties (18) [See below]
Disclosure in auditors report relating to preferential allotment or private placement of shares or
As per text block
convertible debentures
Disclosure in auditors report relating to non-cash transactions with directors or persons connected
As per text block
with him
Disclosure in auditors report relating to registration under section 45-IA of Reserve Bank of India Textual information
Act, 1934 (19) [See below]

01/04/2020
to
31/03/2021
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
Auditor's qualification(s), reservation(s) or adverse remark(s) in
NA
auditors' report
43
Disclosure in auditors report relating to fixed assets

a) The Company has maintained proper records showing full particulars, including quantitative details and situation of fixed assets. b) The fixed
assets of the Company were physically verified in full by the management during the year. According to the information and explanations given
to us and as examined by us, no material discrepancies were noticed on such verification. c) According to the information and explanations given
to us, the records examined by us and based on the examination of the conveyance deeds provided to us, we report that, the title deeds,
comprising all the immovable properties of land and buildings which are freehold, are held in the name of the Company as at the balance sheet
date. In respect of immovable properties of land and building that have been taken on lease and disclosed as fixed assets in the financial
statements, the lease agreements are in the name of the Company.
Disclosure in auditors report relating to inventories

2. The inventory has been physically verified by the management during the year. In our opinion, the frequency of such verification is reasonable.
According to the information and explanations given to us and as examined by us, no material discrepancies were noticed on such verification.
Disclosure in auditors report relating to maintenance of cost records

6. We have broadly reviewed the books of account maintained by the Company pursuant to the rules made by the Central Government for the
maintenance of cost records under section 148 of the Act, and are of the opinion that prima facie, the prescribed accounts and records have been
made and maintained. However, we have not carried out a detailed examination of the same.
Disclosure in auditors report relating to statutory dues [Text Block]

According to the information and explanations given to us and on the basis of our examination of the records of the Company, amounts deducted/
accrued in the books of account in respect of undisputed statutory dues including provident fund, employees' state insurance, income-tax, sales-
tax, service tax, goods and service tax, duty of customs, duty of excise, value added tax, cess and other material statutory dues have been
generally regularly deposited during the year by the company with the appropriate authorities.
According to the information and explanations given to us, no undisputed amounts payable in respect of provident fund, employees' state
insurance, income-tax, sales- tax, service tax, goods and service tax, duty of customs, duty of excise, value added tax, cess and other material
statutory dues were in arrears as at March 31, 2020 for a period of more than six months from the date they became payable.
According to the information and explanations given to us and the records of the company examined by us, there are no dues of income-tax, sales-
tax, service tax, goods and service tax, duty of customs, duty of excise and value added tax which have not been deposited on account of any
dispute.
44
Disclosure relating to regularity in payment of undisputed statutory dues [Text Block]

According to the information and explanations given to us and on the basis of our examination of the records of the Company, amounts deducted/
accrued in the books of account in respect of undisputed statutory dues including provident fund, employees' state insurance, income-tax, sales-
tax, service tax, goods and service tax, duty of customs, duty of excise, value added tax, cess and other material statutory dues have been
generally regularly deposited during the year by the company with the appropriate authorities.
According to the information and explanations given to us, no undisputed amounts payable in respect of provident fund, employees' state
insurance, income-tax, sales- tax, service tax, goods and service tax, duty of customs, duty of excise, value added tax, cess and other material
statutory dues were in arrears as at March 31, 2020 for a period of more than six months from the date they became payable.
Disclosure relating to disputed statutory dues [Text Block]

According to the information and explanations given to us and the records of the company examined by us, there are no dues of income-tax, sales-
tax, service tax, goods and service tax, duty of customs, duty of excise and value added tax which have not been deposited on account of any
dispute.
Disclosure in auditors report relating to default in repayment of financial dues

8. In our opinion and according to the information and explanations given to us, the company has no outstanding dues to any financial institutions
or banks or any government or any debenture holders during the year. Accordingly, paragraph 3 (viii) of the order is not applicable.
Disclosure in auditors report relating to public offer and term loans used for purpose for which those were raised
9. The Company has not raised any money by way of initial public offer or further public offer (including debt instruments) and has not taken any
term loans during the year. Accordingly, paragraph 3 (ix) of the order is not applicable.
Disclosure in auditors report relating to fraud by the company or on the company by its officers or its employees
reported during period
10. To the best of our knowledge and according to the information and explanations given to us, no fraud by the Company or no material fraud on
the Company by its officers or employees has been noticed or reported during the year.
Disclosure in auditors report relating to transactions with related parties

13. According to the information and explanations given to us and based on our examination of the records of the company, transactions with the
related parties are in compliance with section 177 and 188 of the Act. Where applicable, the details of such transactions have been disclosed in the
financial statements as required by the applicable accounting standards.
45
Disclosure in auditors report relating to registration under section 45-IA of Reserve Bank of India Act, 1934
16. According to the information and explanations given to us and based on our examination of the records of the company, the company is not
required to be registered under section 45-IA of the Reserve Bank of India Act 1934.
46
Disclosure in auditor’s report explanatory [Text Block]
Independent Auditors' Report
To
The Members of M/s. MYK LATICRETE INDIA PRIVATE LIMITED
Report on the Audit of Financial Statements
Opinion
We have audited the accompanying Financial Statements of M/s. MYK LATICRETE INDIA PRIVATE LIMITED ("the Company"), which
comprises the Balance Sheet as at March 31, 2021, the Statement of Profit and Loss and statement of cash flows for the year then ended, and
notes to the financial statements, including a summary of significant accounting policies and other explanatory information.
In our opinion and to the best of our information and according to the explanations given to us, the aforesaid 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 March 31, 2021, and profit and its cash flows for the year ended on that date.
Basis for Opinion
We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013. Our
responsibilities under those Standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of
our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India
together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Companies Act, 2013
and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Key audit matters
Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the financial statements of the
current period. These matters were addressed in the context of our audit of the financial statements as a whole and in forming our opinion thereon,
and we do not provide a separate opinion on these matters.
47
Reporting of key audit matters as per SA 701, Key Audit Matters are not applicable to the Company as it is an unlisted company.
Emphasis of matter
We draw attention to Note 2(k) under the sub-heading dealing with uncertainties thrown up as consequence of COVID-19 pandemic,
management's assessment of impact on financial reporting and future operations of the company and the remedial measure put in place to mitigate
adverse effects. However, the actual impact of COVID-19 on the financial Statement may differ from that estimated.
Our opinion is not modified in respect of this matter.
Information other than the financial statements and auditors' report thereon
The Company's board of directors is responsible for the preparation of the other information. The other information comprises the information
included in the Board's Report including Annexure to Board's Report, Business Responsibility Report but does not include the financial
statements and our auditor's report thereon. Our opinion on the financial statements does not cover the other information and we do not express
any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the
other information is materially inconsistent with the course of our audit or otherwise appears to be materially misstated.
If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report
that fact. We have nothing to report in this regard.
Responsibility of Management for the 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 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. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for
safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities: selection and application of
appropriate implementation and maintenance of 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 statement that give a true and fair view and
are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, management is responsible for assessing the Company's ability to continue as a going concern, disclosing,
as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the
Company or to cease operations, or has no realistic alternative but to do so.
The Board of Directors are also responsible for overseeing the company's financial reporting process.
Auditor's Responsibility for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether
due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a
guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from
fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic
decisions of users taken on the basis of these financial statements.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We
also:
48
a. Identify and assess the risks of material misstatement of the financial statements, whetherdue to fraud or error, design and perform audit
procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not
detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery,
intentional omissions, misrepresentations, or the override of internal control,
b. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances.
Under section 143(3)(i) of the Companies Act, 2013, we are also responsible for expressing our opinion on whether the company has adequate
internal financial controls system in place and the operating effectiveness of such controls.
c. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by
management.
d. Conclude on the appropriateness of management's use of the going concern basis of accounting and, based on the audit evidence obtained,
whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a
going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures
in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained
up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.
e. Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial
statements represent the underlying transactions and events in a manner that achieves fair presentation.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant
audit findings, including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding
independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and
where applicable, related safeguards.
Report on Other Legal and Regulatory Requirements
As required by the Companies (Auditor's Report) Order, 2016 ("the Order"), issued by the Central Government of India in terms of sub-section
(11) of section 143 of the Companies Act, 2013, we give in the Annexure-A a statement on the matters specified in paragraphs 3 and 4 of the
Order, to the extent applicable.
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.
49
d. In our opinion, the aforesaid 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. On the basis of the written representations received from the directors as on 31st March, 2021 taken on record by the Board of Directors,
none of the directors is disqualified as on 31st March, 2021 from being appointed as a director in terms of Section 164 (2) of the Act.
f. With respect to the adequacy of the internal financial controls over financial reporting of the Company and the operating effectiveness of
such controls, refer to our separate Report in "Annexure B".
g. 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 does not have any pending litigations which would impact its financial position.
ii. There is no requirement for any provision as required by any Act or Accounting Standards for material foreseeable losses, if any, on
long term contracts including derivative contracts.
iii. There are no amounts which are required to be transferred to Investor Education and Protection Fund.
For C. RAMACHANDRAM & Co.,
Chartered Accountants
Firm Registration No. 002864S
D. Premnath
Partner
Membership No: 207133
UDIN: 21207133AAAADK3128
Place: Hyderabad
Date: 06th May 2021
50
"Annexure A" to the Auditors' Report
Annexure referred to in paragraph under 'Report on Other Legal and Regulatory Requirements' section of our report of the Independent Auditor's
Report of even date of M/s MYK LATICRETE INDIA PRIVATE LIMITED , on the financial statements for the year ended March 31, 2021.
In terms of the information and explanations sought by us and given by the company and the books and records examined by us in the normal
course of audit and to the best of our knowledge and belief, we state the following:
i. With respect to Fixed Assets:
a. The Company is maintaining proper records showing full particulars, including quantitative details and situation of fixed assets.
b. The management of the company has carried out the physical verification of fixed assets at periodic intervals.There were no material
discrepancies noticed on such verification.
c. According to information and explanation given to us, the records examined by us and based on the examination of the conveyance
deeds provided to us, we report that, the title deeds, comprising all theImmovable Properties of land and buildings which are freehold, are held in
the name of the company as at the balance sheet date.
ii. Physical verification of inventory has been conducted at reasonable intervals by the management and no material discrepancies were
noticed during such physical verification.
iii. According to the information and explanations given to us, during the year the Company has not granted any loans, secured or unsecured to
companies, firms, Limited Liability partnerships and other parties covered in the register maintained under Section 189 of the Companies Act,
2013. Accordingly, the provisions of sub clause (a) to (c) of clause 3(iii) of Order are not applicable to the Company.
iv. In our opinion and according to the information and explanations given to us, the provisions of Section 185 and 186 are not applicable to
the Company.
v. The company has not accepted any deposits, within the meaning of provisions of Sections 73 to 76 or any other relevant provisions of the
Companies Act, 2013 and the rules framed there under. Thus, paragraph 3(v) of the Order is not applicable to the company.
vi. We have broadly reviewed the books of accounts maintained by the company pursuant to the rules made by the central government for
51
maintenance of cost records under section 148 of the Act, and are of the opinion that prima facie, the prescribed accounts and records have been
made and maintained. However, we have not carried out a detailed examination of the same
vii. With respect to statutory dues:
a. The Company is regular in depositing undisputed statutory dues including Income-tax, Goods and Service tax, cess and any other statutory
dues to the appropriate authorities.
According to the information and explanations given to us, no undisputed amounts payable in respect of income tax, goods and service tax, cess
and other material statutory dues were in arrears as at March 31, 2021 for a period of more than six months from the date they became payable.
b. There are no pending dues of income tax or wealth tax or goods and service tax or duty of customs or duty of excise or value added tax or
cess.
viii. In our opinion and according to information and explanations given to us, the company has not defaulted in repayment of borrowings as
there are no dues to debenture holders. The Company does not have any loans or borrowings from banks, financial institutions or government.
ix. The company has not raised any moneys by way of initial public offer or further public offer (including debt instruments) during the
reporting period.Term loans are raised by the company during the current year which were applied for the purpose for which those were raised.
x. According to the information and explanations given to us, no material fraud by the company or on the company by its officers or
employees has been noticed or reported during the course of our audit.
xi. In our opinion, the company is not a public company. Accordingly, section 197 read with schedule V to the Companies Act, 2013 is not
applicable for the company.
xii. In our opinion, the company is not a Nidhi Company. Accordingly, paragraph 3(xii) of the Order is not applicable for the company.
xiii. In our opinion and according to information and explanations given to us, all transactions with the related parties are in compliance with
Sections 177 and 188 of Companies Act, 2013 and the details of such transactions have been disclosed in the Financial statements of the company
as required by applicable Accounting Standards.
xiv. According to information and explanation given to us, the company has not made any preferential allotment or private placement of shares
52
or fully or partly convertible debentures during the year.
xv. According to information and explanation given to us, the company has not entered into non- cash transactions with directors or any
persons connected with him. Thus, paragraph 3(xiv) of the Order is not applicable to the company.
xvi. In our opinion, the company is not required to be registered under section 45IA of Reserve Bank of India Act 1934. Thus, paragraph
3(xvi) of the Order is not applicable to the company.
For C. RAMACHANDRAM & CO.,
D. Premnath
Partner
Membership No:207133
Place: Hyderabad
Date:06th May 2021
53
54
"Annexure-B" to the Independent Auditors' Report
Report on the Internal Financial Controls under Clause (i) of Sub-section 3 of Section 143 of the Companies Act, 2013 ("the Act")
We have audited the internal financial controls over financial reporting of M/s. MYK LATICRETE INDIA PRIVATE LIMITED ("the
Company") as of 31st March 2021, in conjunction with our audit of the financial statements of the Company for the year ended on that date.
Management's Responsibility for Internal Financial Controls
The Company's management is responsible for establishing and maintaining internal financial controls based on the internal control over financial
reporting criteria established by the Company considering the essential components of internal control stated in the Guidance Note on Audit of
Internal Financial Controls over Financial Reporting issued by the Institute of Chartered Accountants of India ('ICAI'). These responsibilities
include the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the
orderly and efficient conduct of its business, including adherence to company's policies, the safeguarding of its assets, the prevention and
detection of frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable financial
information, as required under the Companies Act, 2013.
Auditors' Responsibility
Our responsibility is to express an opinion on the Company's internal financial controls over financial reporting based on our audit. We conducted
our audit in accordance with the Guidance Note on Audit of Internal Financial Controls over Financial Reporting (the "Guidance Note") and the
Standards on Auditing, issued by ICAI and deemed to be prescribed under section 143(10) of the Companies Act, 2013, to the extent applicable to
an audit of internal financial controls, both applicable to an audit of Internal Financial Controls and, both issued by the Institute of Chartered
Accountants of India. Those Standards and the Guidance Note require that we comply with ethical requirements and plan and perform the audit to
obtain reasonable assurance about whether adequate internal financial controls over financial reporting was established and maintained and if
such controls operated effectively in all material respects.
Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls system over financial
reporting and their operating effectiveness. Our audit of internal financial controls over financial reporting included obtaining an understanding of
internal financial controls over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and
operating effectiveness of internal control based on the assessed risk. 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.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the Company's
internal financial controls system over financial reporting.
Meaning of Internal Financial Controls Over Financial Reporting
A company's internal financial control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles.
A company's internal financial control over financial reporting includes those policies and procedures that
(1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of
the company;
(2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with
generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with
authorizations of management and directors of the company; and
(3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company's assets
that could have a material effect on the financial statements.
Inherent Limitations of Internal Financial Controls Over Financial Reporting
55
Because of the inherent limitations of internal financial controls over financial reporting, including the possibility of collusion or improper
management override of controls, material misstatements due to error or fraud may occur and not be detected. Also, projections of any evaluation
of the internal financial controls over financial reporting to future periods are subject to the risk that the internal financial control over financial
reporting may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may
deteriorate.
Opinion
In our opinion and to the best of our information and according to the explanations given to us, the Company and its subsidiary companies, which
are companies incorporated in India, have, in all material respects, an adequate internal financial controls system over financial reporting and such
internal financial controls over financial reporting were operating effectively as at March 31, 2021, based on the internal control over financial
reporting criteria established by the respective companies considering the essential components of internal control stated in the Guidance Note on
Audit of Internal Financial Controls Over Financial Reporting issued by the Institute of Chartered Accountants of India.
For C. RAMACHANDRAM & CO.,
D. Premnath
Partner
Membership No:207133
Place: Hyderabad
Date:06th May 2021.
56
[400500] Disclosures - Secretarial audit report

01/04/2020
to
31/03/2021
Disclosure in secretarial audit report explanatory [TextBlock]
Whether secretarial audit report is applicable on company No
[100100] Balance sheet

31/03/2021 31/03/2020
Balance sheet [Abstract]
Equity and liabilities [Abstract]
Shareholders' funds [Abstract]
Share capital 3,51,47,600 3,51,47,600
Reserves and surplus 211,22,84,041 119,36,81,425
Money received against share warrants 0 0
Total shareholders' funds 214,74,31,641 122,88,29,025
Share application money pending allotment 0 0
Deferred government grants 0 0
Minority interest 0 0
Non-current liabilities [Abstract]
Long-term borrowings 0 0
Deferred tax liabilities (net) 2,04,54,698 1,75,69,229
Other long-term liabilities 4,01,24,694 3,52,50,508
Long-term provisions 2,57,08,384 4,58,69,058
Total non-current liabilities 8,62,87,776 9,86,88,795
Current liabilities [Abstract]
Short-term borrowings 6,08,54,130 3,55,27,077
Trade payables 19,48,08,851 13,84,63,620
Other current liabilities 48,60,42,497 32,67,28,491
Short-term provisions 1,63,56,899 71,18,371
Total current liabilities 75,80,62,377 50,78,37,559
Total equity and liabilities 299,17,81,794 183,53,55,379
Assets [Abstract]
Non-current assets [Abstract]
Fixed assets [Abstract]
Tangible assets 40,84,43,665 44,01,50,433
Producing properties 0 0
Intangible assets 82,12,798 1,15,69,473
Preproducing properties 0 0
Tangible assets capital work-in-progress 4,39,80,184 1,11,74,527
Intangible assets under development or work-in-progress 0 0
Total fixed assets 46,06,36,647 46,28,94,433
Non-current investments 1,99,900 99,900
Long-term loans and advances 98,60,854 1,34,42,845
Other non-current assets 0 0
Total non-current assets 47,06,97,401 47,64,37,178
Current assets [Abstract]
Current investments 0 0
Inventories 20,92,36,693 18,31,88,665
Trade receivables 47,71,38,804 42,38,95,507
Cash and bank balances 174,89,38,366 69,25,18,960
Short-term loans and advances 7,78,31,149 4,88,06,430
Other current assets 79,39,381 1,05,08,639
Total current assets 252,10,84,393 135,89,18,201
Total assets 299,17,81,794 183,53,55,379
57
[400300] Disclosures - Signatories of financial statements
Details of directors signing financial statements [Table] ..(1)

Directors signing financial statements [Axis] MUNIKRISHNAPAPAGARI MURALIDHARYADAMA
01/04/2020 01/04/2020
to to
31/03/2021 31/03/2021
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 YADAMA YADAMA
Middle name of director KIRTHI
Last name of director KRISHNA MURALIDHAR
Designation of director DIRECTOR MANAGING DIRECTOR
Director identification number of director 00505766 00034952
Date of signing of financial statements by director 06/05/2021 06/05/2021
58
[100400] Cash flow statement, indirect

01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
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 123,25,67,011 116,08,93,386
Adjustments for reconcile profit (loss) [Abstract]
Adjustments to profit (loss) [Abstract]
Adjustments for finance costs 51,18,508 41,60,809
Adjustments for depreciation and amortisation expense 5,29,65,338 4,84,62,741
Adjustments for impairment loss reversal of impairment loss
0 0
recognised in profit or loss
Adjustments for unrealised foreign exchange losses gains -71,15,387 -25,12,041
Adjustments for dividend income 0 0
Adjustments for share-based payments 0 0
Other adjustments for which cash effects are investing or
0 0
financing cash flow
Other adjustments to reconcile profit (loss) 0 0
Other adjustments for non-cash items 0 0
Share of profit and loss from partnership firm or
0 0
association of persons or limited liability partnerships
Total adjustments to profit (loss) 5,09,68,459 5,01,11,509
Adjustments for working capital [Abstract]
Adjustments for decrease (increase) in inventories -2,60,48,028 4,95,87,425
Adjustments for decrease (increase) in trade receivables -5,32,43,297 -2,43,79,732
Adjustments for decrease (increase) in other current assets -2,28,73,469 -2,67,08,001
Adjustments for increase (decrease) in trade payables 5,63,45,231 -3,94,56,562
Adjustments for increase (decrease) in other current liabilities 15,93,14,006 7,07,88,308
Adjustments for provisions -1,44,70,289 69,43,164
Total adjustments for working capital 9,90,24,154 3,67,74,602
Total adjustments for reconcile profit (loss) 14,99,92,613 8,68,86,111
Net cash flows from (used in) operations 138,25,59,624 124,77,79,497
Dividends received 0 0
Interest paid 0 0
Interest received -5,46,93,096 -3,67,41,335
Income taxes paid (refund) 30,26,56,596 29,76,60,656
Other inflows (outflows) of cash 0 0
Net cash flows from (used in) operating activities before extraordinary
102,52,09,932 91,33,77,506
items
Proceeds from extraordinary items 0 0
Payment for extraordinary items 0 0
Net cash flows from (used in) operating activities 102,52,09,932 91,33,77,506
Cash flows from used in investing activities [Abstract]
Cash flows from losing control of subsidiaries or other businesses 0 0
Cash flows used in obtaining control of subsidiaries or other businesses 0 0
Other cash receipts from sales of equity or debt instruments of other
0 0
entities
Other cash payments to acquire equity or debt instruments of other
0 0
entities
Other cash receipts from sales of interests in joint ventures 0 0
Other cash payments to acquire interests in joint ventures 0 0
Cash receipts from share of profits of partnership firm or
0 0
association of persons or limited liability partnerships
Cash payment for investment in partnership firm or association of
0 0
persons or limited liability partnerships
Proceeds from sales of tangible assets 0 0
Purchase of tangible assets 5,07,07,554 9,01,37,504
Proceeds from sales of intangible assets 0 0
Purchase of intangible assets 0 0
59
Cash advances and loans made to other parties 0 0

Cash receipts from repayment of advances and loans made to other parties 0 0
Cash payments for future contracts, forward contracts, option
0 0
contracts and swap contracts
Cash receipts from future contracts, forward contracts, option
0 0
contracts and swap contracts
Dividends received 0 0
Interest received 5,46,93,096 3,67,41,335
Income taxes paid (refund) 0 0
Other inflows (outflows) of cash -1,00,000 0
Proceeds from government grants 0 0
Net cash flows from (used in) investing activities before extraordinary
38,85,542 -5,33,96,169
items
Net cash flows from (used in) investing activities 38,85,542 -5,33,96,169
Cash flows from used in financing activities [Abstract]
Proceeds from issuing shares 0 -22,53,23,440
Proceeds from issuing other equity instruments 0 0
Proceeds from issuing debentures notes bonds etc 0 0
Proceeds from borrowings 2,53,27,053 25,53,276
Repayments of borrowings 0 0
Dividends paid 0 33,89,78,340
Interest paid 51,18,508 41,60,809
Income taxes paid (refund) 0 0
Other inflows (outflows) of cash 71,15,387 25,12,041
Net cash flows from (used in) financing activities before extraordinary
2,73,23,932 -56,33,97,272
items
Net cash flows from (used in) financing activities 2,73,23,932 -56,33,97,272
Net increase (decrease) in cash and cash equivalents before effect of
105,64,19,406 29,65,84,065
exchange rate changes
Effect of exchange rate changes on cash and cash equivalents [Abstract]
Effect of exchange rate changes on cash and cash equivalents 0 0
Net increase (decrease) in cash and cash equivalents 105,64,19,406 29,65,84,065
Cash and cash equivalents cash flow statement at end of period 174,89,38,366 69,25,18,960
[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]
01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020
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
LATICRETE LATICRETE
Name of shareholder INTERNATIONAL INTERNATIONAL Y.MURALIDHAR Y.MURALIDHAR
INC INC
PAN of shareholder AAAPY9365L AAAPY9365L
Country of incorporation or residence of
UNITED STATES UNITED STATES INDIA INDIA
shareholder
Number of shares held in company [shares] 17,57,380 [shares] 17,57,380 [shares] 14,97,555 [shares] 14,97,555
Percentage of shareholding in company 50.00% 50.00% 43.00% 43.00%
60
Disclosure of shareholding more than five per cent in company [Table] ..(2)
Name of shareholder [Axis] Shareholder 3 [Member]
01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
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 1 EQUITY 1
Name of shareholder Y Kirthi Krishna Y Kirthi Krishna
PAN of shareholder AGJPK0687L AGJPK0687L
Country of incorporation or residence of shareholder INDIA INDIA
Number of shares held in company [shares] 2,59,825 [shares] 2,59,825
Percentage of shareholding in company 7.00% 7.00%
61
Disclosure of classes of share capital [Table] ..(1)

Classes of share capital [Axis] Share capital [Member] Equity shares [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [LineItems]
Number of shares authorised [shares] 50,00,000 [shares] 50,00,000 [shares] 50,00,000 [shares] 50,00,000
Value of shares authorised 5,00,00,000 5,00,00,000 5,00,00,000 5,00,00,000
Number of shares issued [shares] 35,14,760 [shares] 35,14,760 [shares] 35,14,760 [shares] 35,14,760
Value of shares issued 3,51,47,600 3,51,47,600 3,51,47,600 3,51,47,600
Number of shares subscribed and fully paid [shares] 35,14,760 [shares] 35,14,760 [shares] 35,14,760 [shares] 35,14,760
Value of shares subscribed and fully paid 3,51,47,600 3,51,47,600 3,51,47,600 3,51,47,600
Number of shares subscribed but not fully paid [shares] 0 [shares] 0 [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0 0 0
Total number of shares subscribed [shares] 35,14,760 [shares] 35,14,760 [shares] 35,14,760 [shares] 35,14,760
Total value of shares subscribed 3,51,47,600 3,51,47,600 3,51,47,600 3,51,47,600
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 35,14,760 [shares] 35,14,760 [shares] 35,14,760 [shares] 35,14,760
Value of shares called 3,51,47,600 3,51,47,600 3,51,47,600 3,51,47,600
Calls unpaid [Abstract]
Calls unpaid by directors and officers
[Abstract]
Calls unpaid by directors 0 0 0 0
Calls unpaid by officers 0 0 0 0
Total calls unpaid by directors and
0 0 0 0
officers
Calls unpaid by others 0 0 0 0
Total calls unpaid 0 0 0 0
Forfeited shares 0 0 0 0
Forfeited shares reissued 0 0 0 0
Value of shares paid-up 3,51,47,600 3,51,47,600 3,51,47,600 3,51,47,600
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 [shares] 0
Number of shares issued as bonus shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as rights [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued in private
placement arising out of conversion of
[shares] 0 [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
debentures preference shares during
period
Number of shares issued as other
preferential allotment
Number of shares allotted for
contracts without payment received [shares] 0 [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 [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 [shares] 0
securities
Total aggregate number of shares issued
during period
62
Decrease in number of shares during period

[Abstract]
Number of shares bought back [shares] 0 [shares] 8,50,000 [shares] 0 [shares] 8,50,000
Other decrease in number of shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Total decrease in number of shares during
[shares] 0 [shares] 8,50,000 [shares] 0 [shares] 8,50,000
period
Total increase (decrease) in number of
[shares] 0 [shares] -8,50,000 [shares] 0 [shares] -8,50,000
shares outstanding
Number of shares outstanding at end of period [shares] 35,14,760 [shares] 35,14,760 [shares] 35,14,760 [shares] 35,14,760
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 0
Amount of bonus issue during period 0 0 0 0
Amount of rights issue during period 0 0 0 0
Amount of private placement issue
arising out of conversion of debentures 0 0 0 0
preference shares during period
Amount of other private placement issue
0 0 0 0
during period
Amount of preferential allotment issue
arising out of conversion of debentures 0 0 0 0
preference shares during period
Amount of other preferential allotment
0 0 0 0
issue during period
Amount of issue allotted for
contracts without payment 0 0 0 0
received in cash during period
Amount of issue under scheme of
0 0 0 0
amalgamation during period
Amount of other issues during period 0 0 0 0
Amount of employee stock option plan
0 0 0 0
issued during period
Amount of other issue arising out of
conversion of securities during 0 0 0 0
period
Total aggregate amount of increase in
0 0 0 0
share capital during period
Decrease in share capital during period
[Abstract]
Decrease in amount of shares bought back 0 85,00,000 0 85,00,000
Other decrease in amount of shares 0 0 0 0
Total decrease in share capital during
0 85,00,000 0 85,00,000
period
Total increase (decrease) in share capital 0 -85,00,000 0 -85,00,000
Share capital at end of period 3,51,47,600 3,51,47,600 3,51,47,600 3,51,47,600
The Company has The Company has The Company has The Company has
only one class of only one class of only one class of only one class of
shares referred to as shares referred to as shares referred to as shares referred to as
equity shares having equity shares having a equity shares having equity shares having a
Rights preferences and restrictions attaching
a par value of par value of a par value of par value of
to class of share capital Rs.10/-.Each holder Rs.10/-.Each holder of Rs.10/-.Each holder Rs.10/-.Each holder of
of equity shares is equity shares is of equity shares is equity shares is
entitled to one vote entitled to one vote entitled to one vote entitled to one vote
per share. per share. per share. per share.
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] 0 [shares] 0
Shares in company held by ultimate holding
company
Shares in company held by subsidiaries of its
holding company
Shares in company held by subsidiaries of its
ultimate holding company
Shares in company held by associates of its
holding company
Shares in company held by associates of its
ultimate holding company
63
Total shares in company held by holding company

or ultimate holding company or by its [shares] 0 [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] 0 [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 0
disinvestment
Original paid-up value of forfeited shares 0 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 0
refund, principal
Application money received for
allotment of securities and due for 0 0 0 0
refund, interest accrued
Total application money received for
allotment of securities and due for refund 0 0 0 0
and interest accrued thereon
Number of shares proposed to be issued [shares] 0 [shares] 0 [shares] 0 [shares] 0
Share premium for shares to be allotted 0 0 0 0
64
Disclosure of classes of share capital [Table] ..(2)

01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [LineItems]
Type of share EQUITY EQUITY
Number of shares authorised [shares] 50,00,000 [shares] 50,00,000
Value of shares authorised 5,00,00,000 5,00,00,000
Number of shares issued [shares] 35,14,760 [shares] 35,14,760
Value of shares issued 3,51,47,600 3,51,47,600
Number of shares subscribed and fully paid [shares] 35,14,760 [shares] 35,14,760
Value of shares subscribed and fully paid 3,51,47,600 3,51,47,600
Number of shares subscribed but not fully paid [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0
Total number of shares subscribed [shares] 35,14,760 [shares] 35,14,760
Total value of shares subscribed 3,51,47,600 3,51,47,600
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 35,14,760 [shares] 35,14,760
Value of shares called 3,51,47,600 3,51,47,600
Calls unpaid [Abstract]
Calls unpaid by directors and officers [Abstract]
Calls unpaid by directors 0 0
Calls unpaid by officers 0 0
Total calls unpaid by directors and officers 0 0
Calls unpaid by others 0 0
Total calls unpaid 0 0
Forfeited shares 0 0
Forfeited shares reissued 0 0
Value of shares paid-up 3,51,47,600 3,51,47,600
Par value per share [INR/shares] 10 [INR/shares] 10
Amount per share called in case shares not fully called [INR/shares] 0 [INR/shares] 0
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
Number of shares issued as bonus shares [shares] 0 [shares] 0
Number of shares issued as rights [shares] 0 [shares] 0
Number of shares issued in private placement arising out of conversion
[shares] 0 [shares] 0
of debentures preference shares during period
Number of shares issued in other private placement [shares] 0 [shares] 0
Number of shares issued as preferential allotment arising out of
conversion of debentures preference shares during period
Number of shares issued as other preferential allotment [shares] 0 [shares] 0
Number of shares allotted for contracts without payment received in cash [shares] 0 [shares] 0
Number of shares issued under scheme of amalgamation [shares] 0 [shares] 0
Number of other issues of shares [shares] 0 [shares] 0
Number of shares issued under employee stock option plan [shares] 0 [shares] 0
Number of other issue of shares arising out of conversion of securities [shares] 0 [shares] 0
Total aggregate number of shares issued during period [shares] 0 [shares] 0
Decrease in number of shares during period [Abstract]
Number of shares bought back [shares] 0 [shares] 8,50,000
Other decrease in number of shares [shares] 0 [shares] 0
Total decrease in number of shares during period [shares] 0 [shares] 8,50,000
Total increase (decrease) in number of shares outstanding [shares] 0 [shares] -8,50,000
Number of shares outstanding at end of period [shares] 35,14,760 [shares] 35,14,760
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
Amount of bonus issue during period 0 0
Amount of rights issue during period 0 0
65
Amount of private placement issue arising out of conversion of

0 0
debentures preference shares during period
Amount of other private placement issue during period 0 0
Amount of preferential allotment issue arising out of conversion of
0 0
debentures preference shares during period
Amount of other preferential allotment issue during period 0 0
Amount of issue allotted for contracts without payment received in cash
0 0
during period
Amount of issue under scheme of amalgamation during period 0 0
Amount of other issues during period 0 0
Amount of employee stock option plan issued during period 0 0
Amount of other issue arising out of conversion of securities during period 0 0
Total aggregate amount of increase in share capital during period 0 0
Decrease in share capital during period [Abstract]
Decrease in amount of shares bought back 0 85,00,000
Other decrease in amount of shares 0 0
Total decrease in share capital during period 0 85,00,000
Total increase (decrease) in share capital 0 -85,00,000
Share capital at end of period 3,51,47,600 3,51,47,600
The Company has The Company has
only one class of only one class of
shares referred to as shares referred to as
equity shares having equity shares having a
Rights preferences and restrictions attaching to class of share capital a par value of par value of
Rs.10/-.Each holder Rs.10/-.Each holder of
of equity shares is equity shares is
entitled to one vote entitled to one vote
per share. per share.
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 company [shares] 0 [shares] 0
Shares in company held by subsidiaries of its holding company [shares] 0 [shares] 0
Shares in company held by subsidiaries of its ultimate holding company [shares] 0 [shares] 0
Shares in company held by associates of its holding company [shares] 0 [shares] 0
Shares in company held by associates of its ultimate holding company [shares] 0 [shares] 0
Total shares in company held by holding company or ultimate holding company
or by its subsidiaries or associates
Shares reserved for issue under options and contracts or commitments for sale of
shares or disinvestment
Amount of shares reserved for issue under options and contracts or commitments
0 0
for sale of shares or disinvestment
Original paid-up value of forfeited shares 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 refund,
0 0
principal
Application money received for allotment of securities and due for refund,
0 0
interest accrued
Total application money received for allotment of securities and due for
0 0
refund and interest accrued thereon
Number of shares proposed to be issued [shares] 0 [shares] 0
Share premium for shares to be allotted 0 0
66

01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
Disclosure of notes on share capital explanatory [TextBlock]
Whether there are any shareholders holding more than five per cent
Yes Yes
shares in company
Number of persons on private placement of equity share 0 0
Number of persons on private placement of preference share 0 0
Number of shareholders of company 3 3
Number of allottees in case of preferential allotment 0 0
Whether reduction in capital done during year No No
Amount of reduction in capital during year 0 0
Percentage of capital reduction to capital prior to reduction 0.00% 0.00%
Whether money raised from public offering during year No No
Amount raised from public offering during year 0 0
Amount utilised towards specified purposes for public offering 0 0
Amount remaining unutilised received in respect of public offering 0 0
67
[200200] Notes - Reserves and surplus
Statement of changes in reserves [Table] ..(1)

Components of reserves [Axis] Reserves [Member] Capital redemption reserves [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020
Statement of changes in reserves [Abstract]
Statement of changes in reserves [LineItems]
Changes in reserves [Abstract]
Additions to reserves [Abstract]
Profit (loss) for period 91,07,40,141 86,39,81,899 0 0
Other additions to reserves 78,62,475 9,83,49,912 0 85,00,000
Total additions to reserves 91,86,02,616 96,23,31,811 0 85,00,000
Deductions to reserves [Abstract]
Other utilisation of securities premium if
0 17,42,50,000 0 0
permitted
Other deductions to reserves 0 85,00,000 0 0
Total deductions to reserves 0 18,27,50,000 0 0
Appropriations for dividend, dividend tax and
general reserve [Abstract]
Dividend appropriation [Abstract]
Interim dividend appropriation [Abstract]
Interim equity dividend appropriation 0 28,11,80,800
Interim preferred dividend
0 0
appropriation
Interim special dividend appropriation 0 0
Total interim dividend appropriation 0 28,11,80,800
Final dividend appropriation [Abstract]
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 28,11,80,800
Dividend tax appropriation [Abstract]
Equity dividend tax appropriation 0 5,77,97,540
Preferred dividend tax appropriation 0 0
Total dividend tax appropriation 0 5,77,97,540
Other appropriations 0 4,25,73,440 0 0
Transfer to general reserve 0 8,64,00,000 0 0
Total appropriations for dividend,
0 46,79,51,780 0 0
dividend tax and general reserve
Appropriation towards bonus shares 0 0 0 0
Total changes in reserves 91,86,02,616 31,16,30,031 0 85,00,000
Reserves at end of period 211,22,84,041 119,36,81,425 2,05,00,000 2,05,00,000
Venturer's share of post-acquisition reserves
0 0 0 0
of jointly controlled enterprise
68

Components of reserves [Axis] Other reserves [Member] General reserve [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020
Profit (loss) for period 0 0 0 0
Other additions to reserves 0 8,64,00,000 0 8,64,00,000
Total additions to reserves 0 8,64,00,000 0 8,64,00,000
Other utilisation of securities premium if
0 0 0 0
permitted
Other deductions to reserves 0 0 0 0
Total deductions to reserves 0 0 0 0
Appropriations for dividend, dividend tax and
general reserve [Abstract]
Interim equity dividend appropriation 0 0 0 0
Interim preferred dividend
0 0 0 0
appropriation
Interim special dividend appropriation 0 0 0 0
Total interim dividend appropriation 0 0 0 0
Final equity dividend appropriation 0 0 0 0
Final preferred dividend appropriation 0 0 0 0
Final special dividend appropriation 0 0 0 0
Total final dividend appropriation 0 0 0 0
Total dividend appropriation 0 0 0 0
Equity dividend tax appropriation 0 0 0 0
Preferred dividend tax appropriation 0 0 0 0
Total dividend tax appropriation 0 0 0 0
Other appropriations 0 0 0 0
Transfer to general reserve 0 0 0 0
Total appropriations for dividend,
0 0 0 0
dividend tax and general reserve
Appropriation towards bonus shares 0 0 0 0
Total changes in reserves 0 8,64,00,000 0 8,64,00,000
Reserves at end of period 27,33,00,000 27,33,00,000 27,33,00,000 27,33,00,000
Venturer's share of post-acquisition reserves
0 0 0 0
of jointly controlled enterprise
69

Components of reserves [Axis] Surplus [Member]
01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
Profit (loss) for period 91,07,40,141 86,39,81,899
Other additions to reserves 78,62,475 34,49,912
Total additions to reserves 91,86,02,616 86,74,31,811
Other utilisation of securities premium if permitted 0 17,42,50,000
Other deductions to reserves 0 85,00,000
Total deductions to reserves 0 18,27,50,000
Appropriations for dividend, dividend tax and general reserve [Abstract]
Interim equity dividend appropriation 0 28,11,80,800
Interim preferred dividend appropriation 0 0
Interim special dividend appropriation 0 0
Total interim dividend appropriation 0 28,11,80,800
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 28,11,80,800
Equity dividend tax appropriation 0 5,77,97,540
Preferred dividend tax appropriation 0 0
Total dividend tax appropriation 0 5,77,97,540
Other appropriations 0 4,25,73,440
Transfer to general reserve 0 8,64,00,000
Total appropriations for dividend, dividend tax and general reserve 0 46,79,51,780
Appropriation towards bonus shares 0 0
Total changes in reserves 91,86,02,616 21,67,30,031
Reserves at end of period 181,84,84,041 89,98,81,425
Venturer's share of post-acquisition reserves of jointly controlled enterprise 0 0

01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
Disclosure of notes on reserves explanatory [TextBlock]
Aggregate amount set aside or proposed to be set aside, to reserve 0 0
Aggregate amounts withdrawn from such reserves set aside 0 0
Share reserves joint ventures 0 0
70
[200300] Notes - Borrowings
Classification of borrowings [Table] ..(1)

Classification based on time period [Axis] Long-term [Member]
Classification of borrowings [Axis] Deferred payment liabilities [Member] Deferred sales tax loan [Member]
Subclassification of borrowings [Axis] Secured borrowings [Member] Secured borrowings [Member]
31/03/2021 31/03/2020 31/03/2021 31/03/2020
Borrowings notes [Abstract]
Details of borrowings [Abstract]
Details of borrowings [LineItems]
Borrowings 0 0 0 0
Details on defaults on borrowings [Abstract]
Outstanding amount of continuing default
0 0 0 0
principal
Outstanding amount of continuing default
0 0 0 0
interest
Classification of borrowings [Table] ..(2)

Classification based on time period [Axis] Short-term [Member]
Working capital loans from banks
Classification of borrowings [Axis]
[Member]
Subclassification of borrowings [Axis] Secured borrowings [Member]
31/03/2021 31/03/2020
Borrowings notes [Abstract]
Details of borrowings [Abstract]
Details of borrowings [LineItems]
Borrowings 6,08,54,130 3,55,27,077
Details on loans guaranteed [Abstract]
Aggregate amount of loans guaranteed by directors 0 0
Aggregate amount of loans guaranteed by others 0 0
Details on defaults on borrowings [Abstract]
Outstanding amount of continuing default principal 0 0
Outstanding amount of continuing default interest 0 0

31/03/2021 31/03/2020
Disclosure of notes on borrowings explanatory [TextBlock]
Share long-term borrowings joint ventures 0 0
Share short-term borrowings joint ventures 0 0
71
[201000] Notes - Tangible assets
Disclosure of tangible assets [Table] ..(1)

Classes of tangible assets [Axis] Company total tangible assets [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross Gross carrying amount Accumulated depreciation and
Carrying amount [Member]
carrying amount [Axis] [Member] impairment [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets
[LineItems]
Reconciliation of changes in
tangible assets [Abstract]
Changes in tangible assets
[Abstract]
Additions other than through
business combinations tangible 1,73,59,395 7,56,77,082 1,73,59,395 7,56,77,082
assets
Acquisitions through
business combinations 0 0 0 0
tangible assets
Depreciation tangible assets -4,90,66,163 -4,66,31,032 4,90,66,163 4,66,31,032
Impairment loss
recognised in profit or 0 0 0 0
loss tangible assets
Reversal of impairment loss
recognised in profit or loss 0 0 0 0
tangible assets
Revaluation increase
0 0 0 0
(decrease) tangible assets
Disposals tangible assets
[Abstract]
0 0 0 0 0 0
through demergers
Disposals tangible assets,
0 0 22,29,218 0 22,29,218 0
others
Total disposals tangible
0 0 22,29,218 0 22,29,218 0
assets
Other adjustments tangible
assets [Abstract]
Increase (decrease) through
net exchange differences 0 0 0 0
tangible assets
0 0 0 0 0 0
assets, others
Total other adjustments
0 0 0 0 0 0
tangible assets
Total changes in tangible
-3,17,06,768 2,90,46,050 1,51,30,177 7,56,77,082 4,68,36,945 4,66,31,032
assets
Tangible assets at end of period 40,84,43,665 44,01,50,433 76,07,63,178 74,56,33,001 35,23,19,513 30,54,82,568
72

Classes of tangible assets [Axis] Land [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
[LineItems]
[Abstract]
business combinations tangible 0 0 0 0
assets
tangible assets
Depreciation tangible assets 0 0 0 0
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
0 0 0 0 0 0
assets
Tangible assets at end of period 7,14,492 7,14,492 7,14,492 7,14,492 0 0
73

Sub classes of tangible assets [Axis] Owned assets [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
[LineItems]
[Abstract]
assets
tangible assets
Depreciation tangible assets 0 0 0 0
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
0 0 0 0 0 0
assets
Tangible assets at end of period 7,14,492 7,14,492 7,14,492 7,14,492 0 0
74

Classes of tangible assets [Axis] Buildings [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
[LineItems]
[Abstract]
business combinations tangible 19,64,688 2,82,72,582 19,64,688 2,82,72,582
assets
tangible assets
Depreciation tangible assets -75,09,612 -66,11,582 75,09,612 66,11,582
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
0 0 22,29,218 0 22,29,218 0
others
0 0 22,29,218 0 22,29,218 0
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-55,44,924 2,16,61,000 -2,64,530 2,82,72,582 52,80,394 66,11,582
assets
75

Classes of tangible assets [Axis] Other building [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
0 0 22,29,218 0 22,29,218 0
others
0 0 22,29,218 0 22,29,218 0
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-55,44,924 2,16,61,000 -2,64,530 2,82,72,582 52,80,394 66,11,582
assets
76

Classes of tangible assets [Axis] Other building [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
0 0 22,29,218 0 22,29,218 0
others
0 0 22,29,218 0 22,29,218 0
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-55,44,924 2,16,61,000 -2,64,530 2,82,72,582 52,80,394 66,11,582
assets
77

Classes of tangible assets [Axis] Plant and equipment [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-1,96,07,298 94,85,516 40,32,505 3,27,12,701 2,36,39,803 2,32,27,185
assets
78

Classes of tangible assets [Axis] Other plant and equipment [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-1,96,07,298 94,85,516 40,32,505 3,27,12,701 2,36,39,803 2,32,27,185
assets
79

Classes of tangible assets [Axis] Other plant and equipment [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-1,96,07,298 94,85,516 40,32,505 3,27,12,701 2,36,39,803 2,32,27,185
assets
80

Classes of tangible assets [Axis] Furniture and fixtures [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
[LineItems]
[Abstract]
business combinations tangible 18,56,179 22,33,924 18,56,179 22,33,924
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-5,68,307 -6,63,982 18,56,179 22,33,924 24,24,486 28,97,906
assets
Tangible assets at end of period 76,81,480 82,49,787 3,21,34,133 3,02,77,954 2,44,52,653 2,20,28,167
81

Classes of tangible assets [Axis] Furniture and fixtures [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-5,68,307 -6,63,982 18,56,179 22,33,924 24,24,486 28,97,906
assets
82

Classes of tangible assets [Axis] Vehicles [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-57,15,175 -58,00,747 0 0 57,15,175 58,00,747
assets
83

Classes of tangible assets [Axis] Motor vehicles [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-57,15,175 -58,00,747 0 0 57,15,175 58,00,747
assets
84

Classes of tangible assets [Axis] Motor vehicles [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-57,15,175 -58,00,747 0 0 57,15,175 58,00,747
assets
85

Classes of tangible assets [Axis] Office equipment [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
7,91,039 51,06,752 29,99,476 64,44,663 22,08,437 13,37,911
assets
Tangible assets at end of period 84,94,591 77,03,552 1,70,75,458 1,40,75,982 85,80,867 63,72,430
86

Classes of tangible assets [Axis] Office equipment [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
7,91,039 51,06,752 29,99,476 64,44,663 22,08,437 13,37,911
assets
Tangible assets at end of period 84,94,591 77,03,552 1,70,75,458 1,40,75,982 85,80,867 63,72,430
87

Classes of tangible assets [Axis] Computer equipments [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-13,25,645 73,148 26,89,774 35,66,285 40,15,419 34,93,137
assets
88

Classes of tangible assets [Axis] Computer equipments [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-13,25,645 73,148 26,89,774 35,66,285 40,15,419 34,93,137
assets
89

Classes of tangible assets [Axis] Leasehold improvements [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
[LineItems]
[Abstract]
assets
tangible assets
Depreciation tangible assets -97,768 -97,768 97,768 97,768
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-97,768 -97,768 0 0 97,768 97,768
assets
Tangible assets at end of period 1,01,90,562 1,02,88,330 1,12,79,309 1,12,79,309 10,88,747 9,90,979
90

Classes of tangible assets [Axis] Leasehold improvements [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
[LineItems]
[Abstract]
assets
tangible assets
Depreciation tangible assets -97,768 -97,768 97,768 97,768
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-97,768 -97,768 0 0 97,768 97,768
assets
Tangible assets at end of period 1,01,90,562 1,02,88,330 1,12,79,309 1,12,79,309 10,88,747 9,90,979
91

Classes of tangible assets [Axis] Other tangible assets [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
3,61,310 -7,17,869 38,16,773 24,46,927 34,55,463 31,64,796
assets
92

Classes of tangible assets [Axis] Other tangible assets, others [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
[LineItems]
Nature of other tangible assets NA NA NA NA NA NA
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
3,61,310 -7,17,869 38,16,773 24,46,927 34,55,463 31,64,796
assets
93

01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
[LineItems]
Electrical Electrical Electrical Electrical
Nature of other tangible assets NA NA
Instruments Instruments Instruments Instruments
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
0 0 0 0 0 0
others
0 0 0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
3,61,310 -7,17,869 38,16,773 24,46,927 34,55,463 31,64,796
assets
94
Disclosure of additional information tangible assets [Table] ..(1)

Company total tangible assets
[Member]
Owned and leased assets Owned and leased assets
[Member] [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
Disclosure of additional information
tangible assets [LineItems]
Depreciation method tangible assets SLM SLM SLM SLM SLM SLM
Useful lives or depreciation rates As per previous As per previous
0 0 0 0
tangible assets year columns year columns
Explanation on revaluation of fixed
assets [Abstract]
Additional depreciation on
revalued amount of tangible
0 0 0 0 0 0
assets disclosed separately if
material
Tangible assets carrying amount
0 0 0 0 0 0
of assets retired from active use
Tangible assets restrictions on
title [Abstract]
Tangible assets purchased on hire
0 0 0 0 0 0
purchase
Tangible assets jointly owned
by enterprise and accounted for 0 0 0 0 0 0
on pro rata basis
Expenditure incurred on account of
tangible assets in course of 0 0 0 0 0 0
construction or acquisition
Share tangible assets joint ventures,
0 0
net
95

Classes of tangible assets [Axis] Buildings [Member] Other building [Member]
[Member] [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
Useful lives or depreciation rates
5 5 5 5 5 5
tangible assets
assets [Abstract]
0 0 0 0 0 0
material
0 0 0 0 0 0
title [Abstract]
0 0 0 0 0 0
purchase
on pro rata basis

Classes of tangible assets [Axis] Plant and equipment [Member] Other plant and equipment [Member]
[Member] [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
4.75 4.75 4.75 4.75 4.75 4.75
tangible assets
assets [Abstract]
0 0 0 0 0 0
material
0 0 0 0 0 0
title [Abstract]
0 0 0 0 0 0
purchase
on pro rata basis
96

Classes of tangible assets [Axis] Furniture and fixtures [Member] Vehicles [Member]
[Member] [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
6.33 6.33 6.33 6.33 5 5
tangible assets
assets [Abstract]
0 0 0 0 0 0
material
0 0 0 0 0 0
title [Abstract]
0 0 0 0 0 0
purchase
on pro rata basis

Classes of tangible assets [Axis] Motor vehicles [Member] Office equipment [Member]
[Member] [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
5 5 5 5 6.33 6.33
tangible assets
assets [Abstract]
0 0 0 0 0 0
material
0 0 0 0 0 0
title [Abstract]
0 0 0 0 0 0
purchase
on pro rata basis
97

Classes of tangible assets [Axis] Office equipment [Member] Computer equipments [Member]
Owned and leased assets
Sub classes of tangible assets [Axis] Owned assets [Member] Owned assets [Member]
[Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
6.33 6.33 16.21 16.21 16.21 16.21
tangible assets
assets [Abstract]
0 0 0 0 0 0
material
0 0 0 0 0 0
title [Abstract]
0 0 0 0 0 0
purchase
on pro rata basis

Classes of tangible assets [Axis] Leasehold improvements [Member] Other tangible assets [Member]
[Member] [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
0 0 0 0 9.5 9.5
tangible assets
assets [Abstract]
0 0 0 0 0 0
material
0 0 0 0 0 0
title [Abstract]
0 0 0 0 0 0
purchase
on pro rata basis
98

Sub classes of tangible assets [Axis] Owned and leased assets [Member] Owned assets [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020
Disclosure of additional information tangible assets
[Abstract]
Disclosure of additional information tangible assets
[LineItems]
Depreciation method tangible assets SLM SLM SLM SLM
Useful lives or depreciation rates tangible assets 9.5 9.5 9.5 9.5
Explanation on revaluation of fixed assets
[Abstract]
Additional depreciation on revalued
amount of tangible assets disclosed 0 0 0 0
separately if material
Tangible assets carrying amount of assets
0 0 0 0
retired from active use
Tangible assets restrictions on title [Abstract]
Tangible assets purchased on hire purchase 0 0 0 0
Tangible assets jointly owned by
enterprise and accounted for on pro rata 0 0 0 0
basis
Expenditure incurred on account of tangible
assets in course of construction or 0 0 0 0
acquisition

01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
Disclosure of notes on tangible assets explanatory [TextBlock]
Share tangible assets joint ventures, net 0 0
99
[201100] Notes - Intangible assets
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 Gross carrying amount Accumulated amortization and
impairment and gross carrying amount [Axis] [Member] impairment [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets
[LineItems]
intangible assets [Abstract]
Changes in intangible assets
[Abstract]
Additions to intangible assets
[Abstract]
Additions through internal
0 0 0 0
development
business combinations 5,42,500 78,15,388 5,42,500 78,15,388
intangible assets
intangible assets
Total additions to
5,42,500 78,15,388 5,42,500 78,15,388
intangible assets
Amortization intangible assets -38,99,175 -18,31,709 38,99,175 18,31,709
Impairment loss
loss intangible assets
intangible assets
0 0 0 0
(decrease) intangible assets
Disposals intangible assets
[Abstract]
Disposals intangible
0 0 0 0 0 0
assets through demergers
0 0 0 0 0 0
assets, others
Total disposals intangible
0 0 0 0 0 0
assets
Retirements of intangible
0 0 0 0 0 0
assets
Other adjustments intangible
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0 0 0
intangible assets, others
0 0 0 0 0 0
intangible assets
Total changes in intangible
-33,56,675 59,83,679 5,42,500 78,15,388 38,99,175 18,31,709
assets
Intangible assets at end of period 82,12,798 1,15,69,473 2,20,83,787 2,15,41,287 1,38,70,989 99,71,814
100

Classes of intangible assets [Axis] Computer software [Member]
Sub classes of intangible assets [Axis] Internally generated and other than internally generated intangible assets [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
[LineItems]
[Abstract]
[Abstract]
0 0 0 0
development
intangible assets
intangible assets
Total additions to
5,42,500 78,15,388 5,42,500 78,15,388
intangible assets
Impairment loss
intangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
assets
0 0 0 0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0 0 0
0 0 0 0 0 0
intangible assets
-33,56,675 59,83,679 5,42,500 78,15,388 38,99,175 18,31,709
assets
101

Sub classes of intangible assets [Axis] Internally generated intangible assets [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
[LineItems]
[Abstract]
[Abstract]
0 0 0 0
development
intangible assets
intangible assets
Total additions to
5,42,500 78,15,388 5,42,500 78,15,388
intangible assets
Impairment loss
intangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
assets
0 0 0 0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0 0 0
0 0 0 0 0 0
intangible assets
-33,56,675 59,83,679 5,42,500 78,15,388 38,99,175 18,31,709
assets
102
Disclosure of additional information intangible assets [Table] ..(1)

Company total intangible assets
[Member]
Internally generated and other Internally generated and other
Internally generated intangible
Sub classes of intangible assets [Axis] than internally generated than internally generated
assets [Member]
intangible assets [Member] intangible assets [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020 31/03/2021 31/03/2020
intangible assets [LineItems]
Useful lives or amortization rates
5 5 5 5 5 5
intangible assets
Description of amortization method
SLM SLM SLM SLM SLM SLM
used
Intangible assets restrictions on
title [Abstract]
Carrying amount of intangible
0 0 0 0 0 0
assets restrictions on title
Carrying amount of intangible
0 0 0 0 0 0
assets pledged as security
Contractual commitments for
acquisition of intangible 0 0 0 0 0 0
assets

01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
Disclosure of notes on intangible assets explanatory [TextBlock]
Aggregate amount of research and development expenditure recognised as
0 0
expense
Share intangible assets joint ventures, net 0 0
[200400] Notes - Non-current investments
Details of non-current investments [Table] ..(1)

Classification of non-current investments [Axis] Investmentinsubsidiariesequityinstruments
01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
Non-current investments [Abstract]
Disclosure of details of non-current investments [Abstract]
Details of non-current investments [LineItems]
Investment in Investment in
Type of non-current investments subsidiaries equity subsidiaries equity
instruments instruments
Class of non-current investments Other investments Other investments
Non-current investments 1,99,900 99,900
MYK TOOLS MYK TOOLS
Name of body corporate in whom investment has been made PRIVATE LIMITED PRIVATE LIMITED
Details of non-current investment made in partnership firms [Abstract]
Details of capital of partnership firm [Abstract]
Total capital of partnership firm 0 0
Details of share of each partner in capital of partnership firm 0 0
103

31/03/2021 31/03/2020
Disclosure of notes on non-current investments explanatory [TextBlock]
Aggregate amount of quoted non-current investments 1,99,900 99,900
Market value of quoted non-current investments 0 0
Aggregate amount of unquoted non-current investments 0 0
Aggregate provision for diminution in value of non-current investments 0 0
Share non-current investments joint ventures 0 0
[200500] Notes - Current investments

31/03/2021 31/03/2020
Disclosure of notes on current investments explanatory [TextBlock]
Aggregate amount of quoted current investments 0 0
Market value of quoted current investments 0 0
Aggregate amount of unquoted current investments 0 0
Aggregate provision for diminution in value of current investments 0 0
Share current investments joint ventures 0 0
[200600] Notes - Subclassification and notes on liabilities and assets
Disclosure of details of producing properties [Table] ..(1)

Carrying amount of producing
Details of producing properties [Axis] Gross carrying amount [Member]
properties [Member]
31/03/2021 31/03/2020 31/03/2021 31/03/2020
Subclassification and notes on liabilities and assets
[Abstract]
Producing properties notes [Abstract]
Disclosure of details of producing properties
[Abstract]
Details of producing properties [LineItems]
Changes in producing properties [Abstract]
Transfer from preproducing properties 0 0 0 0
Depletion producing properties 0 0 0 0
Other adjustments producing properties 0 0 0 0
Total changes in producing properties 0 0 0 0
Producing properties at end of period 0 0 0 0
104
Subclassification of trade receivables [Table] ..(1)

Classification of assets based on security
Classification of assets based on security [Axis] Unsecured considered good [Member]
[Member]
31/03/2021 31/03/2020 31/03/2021 31/03/2020
[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 47,71,38,804 42,38,95,507 47,71,38,804 42,38,95,507
Allowance for bad and doubtful debts 0 0 0 0
Total trade receivables 47,71,38,804 42,38,95,507 47,71,38,804 42,38,95,507
Details of trade receivables due by
directors, other officers or others
[Abstract]
Trade receivables due by directors 0 0
Trade receivables due by other officers 0 0
Trade receivables due by others 0 0
Total trade receivables due by
directors, other officers or 0 0
others
Details of trade receivables due by
firms or companies in which any director
is partner or director [Abstract]
Trade receivables due by firms in
0 0
which any director is partner
Trade receivables due by private
companies in which any director 0 0
is director
Trade receivables due by private
companies in which any director 0 0
is member
Total trade receivables due by firms
or companies in which any director is 0 0
partner or director
105
Disclosure of breakup of provisions [Table] ..(1)

Classification based on time period [Axis] Long-term [Member] Short-term [Member]
31/03/2021 31/03/2020 31/03/2021 31/03/2020
[Abstract]
Provisions notes [Abstract]
Disclosure of breakup of provisions [Abstract]
Disclosure of breakup of provisions [LineItems]
Provisions [Abstract]
Provisions for employee benefits
[Abstract]
Provision gratuity 27,10,494 3,12,82,955 0 0
Provision leave encashment 2,29,97,890 1,45,86,103 0 0
Provision pension 0 0 0 0
Provision employee insurance scheme 0 0 0 0
Provision other employee related
0 0 79,34,570 71,18,371
liabilities
Total provisions for employee benefits 2,57,08,384 4,58,69,058 79,34,570 71,18,371
Provision for corporate tax [Abstract]
Provision for current tax 0 0 0 0
Provision for wealth tax 0 0 0 0
Provision for fringe benefit tax 0 0 0 0
Provision for other tax 0 0 84,22,329 0
Provision for corporate dividend tax 0 0 0 0
Total provision for corporate tax 0 0 84,22,329 0
Provision for proposed dividend [Abstract]
Provision for proposed equity dividend
[Abstract]
Provision for proposed equity
0 0 0 0
interim dividend
Provision for proposed equity final
0 0 0 0
dividend
Provision for proposed equity
0 0 0 0
special dividend
Total provision for proposed equity
0 0 0 0
dividend
Provision for proposed preference
dividend [Abstract]
0 0 0 0
interim dividend
0 0 0 0
final dividend
0 0 0 0
special dividend
Total provision for proposed
0 0 0 0
preference dividend
Total provision for proposed dividend 0 0 0 0
Provision for statutory liabilities 0 0 0 0
CSR expenditure provision 0 0 0 0
Provision for abandonment cost 0 0 0 0
Other provisions 0 0 0 0
Total provisions 2,57,08,384 4,58,69,058 1,63,56,899 71,18,371
106
Loans and advances [Table] ..(1)

Classification based on time period [Axis] Long-term [Member] Short-term [Member]
Loans advances given suppliers
Classification of loans and advances [Axis] Security deposits [Member]
[Member]
Classification of assets based on security [Axis] Unsecured considered good [Member] Unsecured considered good [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020
[Abstract]
Loans and advances notes [Abstract]
Loans and advances [Abstract]
Disclosure of loans and advances [LineItems]
Loans and advances, gross 98,60,854 1,34,42,845 6,20,84,008 4,09,21,764
Allowance for bad and doubtful loans and
0 0 0 0
advances
Loans and advances 98,60,854 1,34,42,845 6,20,84,008 4,09,21,764
For supply of goods
For supply of goods
Nature of other loans and advances Security Deposits Security Deposits and rendering
and rendering services
services
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 0 0 0 0
director
Loans and advances due by private
companies in which any director is 0 0 0 0
member
Total loans and advances due
by firms or companies in which
0 0 0 0
any director is partner or
director
107
Loans and advances [Table] ..(2)

Classification based on time period [Axis] Short-term [Member]
Classification of loans and advances [Axis] Other taxes receivable [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member]
01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
Subclassification and notes on liabilities and assets [Abstract]
Loans and advances notes [Abstract]
Loans and advances [Abstract]
Disclosure of loans and advances [LineItems]
Loans and advances, gross 1,57,47,141 78,84,666
Allowance for bad and doubtful loans and advances 0 0
Loans and advances 1,57,47,141 78,84,666
Nature of other loans and advances Income tax refund Income tax refund
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
0 0
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
0 0
is partner or director
Classification of inventories [Table] ..(1)

Classification of inventories [Axis] Company total inventories [Member] Raw materials [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020
[Abstract]
Inventories notes [Abstract]
Inventories [Abstract]
Classification of inventories [Abstract]
Details of inventories [LineItems]
Inventories 20,92,36,693 18,31,88,665 9,99,88,713 9,04,17,231
Goods in transit 0 0 0 0
Cost or NRV which Cost or NRV which Cost or NRV which Cost or NRV which
Mode of valuation ever is lower ever is lower ever is lower ever is lower

Classification of inventories [Axis] Finished goods [Member] Other inventories [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020
[Abstract]
Inventories 7,34,58,959 6,95,16,912 3,57,89,021 2,32,54,522
Goods in transit 0 0 0 0
Cost or NRV which Cost or NRV which Cost or NRV which Cost or NRV which
Mode of valuation ever is lower ever is lower ever is lower ever is lower
Nature of other inventories Packing material Packing material
108

Classification of inventories [Axis] Other inventories, others [Member]
01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
Inventories 3,57,89,021 2,32,54,522
Goods in transit 0 0
Cost or NRV which Cost or NRV which
Mode of valuation ever is lower ever is lower
Nature of other inventories Packing material Packing material
Disclosure of details of preproducing properties [Table] ..(1)

Company total of preproducing
Classes of preproducing properties [Axis] Exploratory wells [Member]
properties [Member]
Carrying amount of preproducing Carrying amount of preproducing
Details of preproducing properties [Axis]
properties [Member] properties [Member]
31/03/2021 31/03/2020 31/03/2021 31/03/2020
[Abstract]
Preproducing properties notes [Abstract]
Disclosure of details of preproducing properties
[Abstract]
Details of preproducing properties [LineItems]
Changes in preproducing properties [Abstract]
Expenditure during year on preproducing
0 0 0 0
properties
Transfer to preproducing properties 0 0 0 0
Depreciation or depletion preproducing
0 0 0 0
properties
Transfer to statement of profit and loss
0 0 0 0
preproducing properties
Other adjustments preproducing properties 0 0 0 0
Total changes in preproducing properties 0 0 0 0
Preproducing properties at end of period 0 0 0 0
Disclosure of details of preproducing properties [Table] ..(2)

Classes of preproducing properties [Axis] Exploratory wells [Member]
Details of preproducing properties [Axis] Gross carrying amount [Member]
31/03/2021 31/03/2020
Preproducing properties notes [Abstract]
Disclosure of details of preproducing properties [Abstract]
Details of preproducing properties [LineItems]
Changes in preproducing properties [Abstract]
Expenditure during year on preproducing properties 0 0
Transfer to preproducing properties 0 0
Depreciation or depletion preproducing properties 0 0
Transfer to statement of profit and loss preproducing properties 0 0
Other adjustments preproducing properties 0 0
Total changes in preproducing properties 0 0
Preproducing properties at end of period 0 0
109

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to to
31/03/2021 31/03/2020
Disclosure of subclassification and notes on liabilities and assets
explanatory [TextBlock]
Trade payables, long-term 0 0
Gross amount due to customers for contract work, non-current 0 0
Others long-term, others 4,01,24,694 3,52,50,508
Total others, long-term 4,01,24,694 3,52,50,508
Total other long-term liabilities 4,01,24,694 3,52,50,508
Share other long-term liabilities joint ventures 0 0
Share provisions joint ventures 0 0
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
Withholding taxes payable 0 0
Service tax payable 0 0
VAT payable 0 0
Excise duty payable 0 0
Taxes payable current tax 0 0
Taxes payable wealth tax 0 0
Taxes payable sales tax 0 0
Taxes payable other tax 7,55,60,431 2,86,98,380
Accrued expenses payable 25,29,27,306 16,97,94,161
Security deposits refundable, current 0 0
Customer deposits refundable, current 0 0
Other deposits refundable, current 0 0
Total deposits refundable current 0 0
Gross amount due to customers for contract work, current 0 0
Public deposit payable, current 0 0
Total other payables, current 32,84,87,737 19,84,92,541
Derivative liabilities 0 0
Advance received against contracts 0 0
Advance received from customers 2,51,20,866 2,33,00,329
Other advance received 0 0
Bills payable acceptances 0 0
Retention money payable 0 0
Accrued salary payable 0 0
Accrued payroll liabilities, other 0 0
Short-term employee related liabilities 6,75,19,791 4,74,64,463
Contribution to provident fund scheme 0 0
Current liabilities portion of share application money pending
0 0
allotment
Other current liabilities, others 6,49,14,103 5,74,71,158
Total other current liabilities 48,60,42,497 32,67,28,491
Share other current liabilities joint ventures 0 0
Share long-term loans and advances joint ventures 0 0
Share short-term loans and advances joint ventures 0 0
Share long-term trade receivables joint ventures 0 0
Gross amount due from customers for contract work, non-current 0 0
Other non-current assets, others 0 0
Total other non-current assets 0 0
Share other non-current assets joint ventures 0 0
Share inventories joint ventures 0 0
110
Aggregate amount of trade receivables outstanding for period

0 0
exceeding six months
Share trade receivables joint ventures 0 0
Fixed deposits with banks 173,93,79,338 68,21,82,329
Other deposits with banks 12,96,150 0
Deposit repayment reserve account with banks 0 0
Other balances with banks 69,26,292 96,64,750
Total balance with banks 174,76,01,780 69,18,47,079
Cheques, drafts on hand 0 0
Cash on hand 13,36,586 6,71,881
Others 0 0
Total cash and cash equivalents 174,89,38,366 69,25,18,960
Other bank balances 0 0
Total cash and bank balances 174,89,38,366 69,25,18,960
Earmarked balances with banks 0 0
Balances held with banks to extent held as margin money 0 0
Balances held with banks to extent held as security against
0 0
borrowings
Balances held with banks to extent held as guarantees 0 0
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
Share cash and cash equivalents joint ventures 0 0
Unbilled revenue 0 0
Unamortised premium of forward contracts 0 0
Other unamortised expenses 0 0
Gross amount due from customers for contract work, current 0 0
Dividend receivable, subsidiaries 0 0
Dividend receivable, others 0 0
Total dividend receivable 0 0
Interest receivable 0 0
Derivative assets 0 0
Tangible assets held for sale 0 0
Other current assets, others 79,39,381 1,05,08,639
Total other current assets 79,39,381 1,05,08,639
Share other current assets joint ventures 0 0
111
[200700] Notes - Additional disclosures on balance sheet

01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
Disclosure of additional balance sheet notes explanatory [TextBlock]
Claims against company not acknowledged as debt 0 0
Guarantees 0 0
Other money for which company is contingently liable 0 0
Total contingent liabilities 0 0
Estimated amount of contracts remaining to be executed on
0 0
capital account and not provided for
Uncalled liability on shares and other investments partly paid 0 0
Other commitments 0 0
Total commitments 0 0
Total contingent liabilities and commitments 0 0
Amount of dividends proposed to be distributed to equity shareholders 0 0
Amount of per share dividend proposed to be distributed to equity
[INR/shares] 0 [INR/shares] 0
shareholders
Amount of dividends proposed to be distributed to preference
0 0
shareholders
Amount of per share dividend proposed to be distributed to
[INR/shares] 0 [INR/shares] 0
preference shareholders
Arrears of fixed cumulative dividends on preference shares 0 0
Percentage of proposed dividend 0.00% 0.00%
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 50.00% 50.00%
Value of share capital held by foreign company 1,75,73,800 1,75,73,800
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 17,57,380 17,57,380
Number of shareholders public 0
Total number of shareholders promoters and public 17,57,380 17,57,380
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 0 0
Deductions in equity share warrants during period 0 0
Total changes in equity share warrants during period 0 0
Equity share warrants at end of period 0 0
Equity share warrants for existing members 0 0
Equity share warrants for others 0 0
Total equity share warrants 0 0
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 0 0
Number of person share application money received during year 0 0
112
Number of person share application money paid as at end of year 0 0

Number of person share application money received as at end of year 0 0
Share application money received and due for refund 0 0
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, No No
2014
Whether audit of cost records of company has been mandated
No No
under Rules specified in SN 1
Net worth of company 214,74,31,641 122,88,29,025
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 0 0
Investment in government companies 0 0
Amount due for transfer to investor education and protection fund
0 0
(IEPF)
Number of warrants converted into equity shares during period 0 0
Number of warrants converted into preference shares during period 0 0
Number of warrants converted into debentures during period 0 0
Number of warrants issued during period (in foreign currency) 0 0
Number of warrants issued during period (INR) 0 0
Number of shareholders to whom shares are allotted under private
0 0
placement during period
[200800] Notes - Disclosure of accounting policies, changes in accounting policies and estimates
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to to
31/03/2021 31/03/2020
Disclosure of accounting policies, change in accounting policies and Textual information (21) Textual information (22)
changes in estimates explanatory [TextBlock] [See below] [See below]
Changes in accounting estimate and accounting policy explanatory
[TextBlock]
Amount of changes in accounting estimate having material effect in
0 0
current period
Amount of changes in accounting estimate having material effect in
0 0
subsequent period
113
Disclosure of accounting policies, change in accounting policies and changes in estimates explanatory [Text Block]
1. Corporate information
MYK LATICRETE INDIA PRIVATE LIMITED (`the Company`) is a manufacturing company, which manufactures Tile and Stone installation
& Lata finish products used by the different civil construction industries.
2. Basis of preparation
These financial statements are prepared in accordance with Generally Accepted Accounting Principles under historical cost convention on the
accrual basis concept. GAAP comprises accounting standards as prescribed under sec 133 of Companies Act,2013 read with Rule 7 of companies
(Accounts) Rules, 2014 (to the extent notified).The financial statements have been prepared on an accrual basis and under the historical cost
convention. The accounting policies adopted in the preparation of financial statements are consistent with those of previous year.
The accounting policies adopted in the preparation of these financial statements are consistent with those of the previous year.
2.1 Summary of significant accounting policies
i.Use of Estimates
The preparation of financial statements in conformity with Indian GAAP requires estimates and assumptions to be made that affect the reported
amounts of assets and liabilities on the date of financial statements make estimates and assumptions that affect the reported balances of assets and
liabilities on the date of the financial statements and reported amounts of income and expenses during the reporting period. Although these
estimates are based on the management`s best knowledge of current events and actions, uncertainty about these assumptions and estimates could
result in outcomes different from the estimates. Difference between actual results and estimates are recognized in the period in which the results
are known or materialize. Estimates and underlying assumptions are reviewed on an ongoing basis. Any revision to accounting estimates is
recognized prospectively in the current and future periods.
ii. Own Fixed Assets
Fixed Assets (whether Tangible or Intangible) are stated at cost net of recoverable taxes and includes amounts added on revaluation, less
accumulated depreciation and impairment loss, if any. All costs, including financing costs till commencement of commercial production, net
charges on foreign exchange contracts and adjustments arising from exchange rate variations attributable to the fixed assets are capitalized.
iii. Impairment of Assets
The carrying amount of assets are reviewed at each balance sheet date, if there is an indication of impairment based on internal and external
factors. An asset is treated as impaired when the carrying cost of the asset exceeds its recoverable amount. An asset`s recoverable amount is the
higher of an assets net selling price and value in use. Value in use is the present value of estimated future cash flows expected to arise from the
continuing use of an asset and from its disposal at the end of its useful life. Net selling price is the amount obtainable from sale of the asset in an
arm`s length transaction between knowledgeable, willing parties, less the costs of disposal.
An impairment loss, if any, is charged to the Statement of Profit and Loss in the year in which the asset is identified as impaired. Impairment loss
recognized in prior years is reversed when there is an indication that impairment loss recognized for the asset no longer exists or has decreased.
iv. Leased Assets
114
Assets acquired under Leases, where the Company has substantially all the risks and rewards of ownership, are classified as finance leases. Such
leases are capitalized at the inception of the lease at lower of the fair value or the present value of the minimum lease payments and a liability is
created for an equivalent amount. Each lease rental paid is allocated between the liability and the interest cost, so as to obtain a constant periodic
rate of interest on the outstanding liability for each period.
v.Borrowing Costs
Borrowing costs that are attributable to the acquisition or construction of a qualifying asset are capitalized as part of the cost of such asset till such
time the asset is ready for its intended use. A qualifying asset is an asset that necessarily takes a substantial period of time to get ready for its
intended use. All other borrowing costs are recognized as an expense in the period in which they are incurred. Borrowing cost consists of interest
expense and other financial costs incurred in connection with borrowing of funds.
vi.Depreciation and Amortization
Depreciation on Tangible Fixed Assets is provided on straight line method, pro rata to the period of use, at the rates specified in Schedule II of the
Companies Act, 2013and on Intangible Assets are based on the useful lives of the assets as estimated by the management.
i) Leasehold assets are amortized at rate based on the remaining period of lease or rate specified in Schedule II of the Act, whichever
is higher.
ii) All individual assets costing Rs.10,000/- or less are fully depreciated in the year of purchase.
iii) The residual value of each of the asset has been adopted as Nil.
Foreign Currency Transactions
i. Transactions denominated in foreign currency are recorded at the exchange rate prevailing on the date of the
transaction or that approximates the actual rate at the date of the transaction. Monetary assets and liabilities denominated, in foreign currency at
the Balance sheet date are translated at year-end rates.
ii. In case of forward exchange contracts, the difference between the forward exchange rate and the exchange rate at the
inception of contract is recognized as expense or income over the life of the contract.
iii. Exchange difference including premium or discount on forward exchange contracts, relating to borrowed funds,
liabilities and commitments in foreign currency for acquisition of fixed assets, arising till the assets are ready for their intended use, are adjusted
to cost of fixed assets. Any other exchange difference either on settlement or translation is recognized in the Statement of Profit and Loss.
vii. Investments
Investments, that are intended to be held for not more than one year, are classified as current investments. All other investments are classified as
long term investments / non-current investments. Long-term investments are carried at cost after deducting provisions made, if any, for
diminution in value of investments other than temporary, determined separately for each individual investment. Current investments are carried at
lower of cost and fair value determined for each category of investments.
viii. Inventories
Items of inventories are measured at lower of cost and net realizable value after providing for obsolescence, if any. Cost of inventories comprises
of cost of purchase, cost of conversion and other costs including manufacturing overheads incurred in bringing them to their respective present
location and condition. Cost of raw materials, process chemicals, stores and spares, packing materials, trading and other products are determined
115
on weighted average basis. By-products are valued at net realizable value. WIP, Finished Goods are valued at lower of cost and NRV. Finished
116
goods and WIP cost includes cost of conversion and other cost incurred in bringing the inventories to their present location and conditions. Cost
of inventories is computed on weighted average basis. Net realizable value is the estimated selling price in the ordinary course of business less
applicable variable selling expenses.
ix. Revenue Recognition
Revenue is recognized to the extent that it is probable that the economic benefit will flow to the Company and the revenue can be reliably
measured. Sales are recognized on transfer of significant risks and rewards of ownership of the goods to the buyer. Sales are net of GST,Sales
Tax, VAT, trade discounts, rebates and returns but include excise duty.
x. Employee Benefits
Defined Contribution Plan
These comprise of contributions to employees` provident fund with the government and certain state plans like Employees` State Insurance and
Employees` Pension Scheme. The Company`s payments to the defined contribution plans are recognized as an expense during the period in
which the employees perform the services that the payment covers.
Defined Benefit Plan
Gratuity for employees is covered under a scheme of Life Insurance Corporation of India and contributions in respect of such scheme are
recognized in the Profit and Loss Account. The liability as at the Balance Sheet date is provided for based on the actuarial valuation using
Projected Unit Credit Method at balance sheet date, carried out by an independent actuary. Obligation is measured at the present value of
estimated future cash flows using a discount rate. Actuarial Gains and Losses comprise experience adjustments and the effect of changes in the
actuarial assumptions and are recognized immediately in the Profit and Loss Account as income or expense.
The Company has introduced Leave Encashment for employees during this year. The liability for Leave Encashment as at the Balance Sheet date
is provided for based on the actuarial valuation using Projected Unit Credit Method at balance sheet date, carried out by an independent actuary.
Obligation is measured at the present value of estimated future cash flows using a discount rate. Actuarial Gains and Losses comprise experience
adjustments and the effect of changes in the actuarial assumptions and are recognized immediately in the Profit and Loss Account as income or
expense.
xi. Earnings per Share
117
The earnings considered in ascertaining the Company`s Earnings per Share (EPS) comprise of the net profit after tax less dividend (including
dividend distribution tax) on preference shares. The number of shares used for computing the basic EPS is the weighted average number of
shares outstanding during the year.
xii. Taxes on Income
Income Tax expenses comprise current tax and deferred tax charge or credit.
Current Tax is measured on the basis of estimated taxable income for the current accounting period in accordance with the provisions of the
Income-tax Act, 1961.
Deferred Tax reflects the impact of timing difference between accounting income and taxable income during the current year and reversal of
timing differences for the earlier years. Deferred tax charge or credit and corresponding deferred tax liabilities or assets are measured using the
tax rates and laws enacted or substantively enacted as on the balance sheet date. Deferred tax assets are recognized and carried forward only to the
extent that there is reasonable certainty, except for carried forward losses and unabsorbed depreciation which is recognized based on virtual
certainty, that the assets will be realized in future.
xiii. Provisions
A provision is recognized when an enterprise has a present obligation as a result of a past event and it is probable that an outflow of resources will
be required to settle the obligation, in respect of which a reliable estimate can be made. Provisions, other than employee benefits, are not
discounted to their present value and are determined based on management estimate required to settle the obligation at the Balance Sheet date.
xiv. Expenditure
Expenses are net of taxes recoverable, where applicable.
29. Contingencies
Obligations which are material and whose future outcome cannot be ascertained with reasonable certainty are treated as contingent and, to the
extent not provided for, are disclosed by way of notes on the accounts.
Contingent Liabilities not provided for on account of
Particulars 31st March 2021 (Rs.) 31st March 2020 (Rs.)
Bank Guarantees 12,96,150 12,000
EPCG availed against Imported Equipment 56,92,602 1,10,99,817
118
Pending litigation regarding Excise Duty 2,08,48,197 2,08,48,197
LBT pending NMMC 23,77,844 23,77,844
Pending Order with NAA 1,18,33,987 0
UP State sale tax 2,28,731 0
30.Operating Leases:
The Company`s significant leasing arrangements are in respect of operating leases for premises that are cancellable in nature. The lease rentals
under such agreements are recognized in the Statement of Profit and Loss as per the terms of the lease.
31.Auditor`s Remuneration and Expenses
Audit Fees 3,60,000 3,60,000
Tax Audit 40,000 40,000
32.Value of Imports on C.I.F. Basis
Raw Materials 28,95,87,028 25,18,78,427
33.Expenditure in Foreign Currency
119
Particulars 31st March 2021 (Rs.) 31st March 2020(Rs.)
Travel 0 27,18,338
Royalty 2,00,64,903 2,07,72,818
34. Earnings in Foreign Currency
Export Sales 75,03,504 3,43,71,622
Training Charges 2,11,43,601 2,11,82,251
35.Employee Benefits:
The employee`s benefits provided by the company as required under Accounting Standard 15
(Revised) are as under:-
i) Gratuity: Gratuity is paid to all employees on retirement/separation based on the number of years of service. The scheme is funded by the
company and is managed by a separate trust through LIC
ii) Long Service Benefits: Long Service Benefits payable to the employees are as under
Sl.No Particulars Amount(Rs)
120
1 Employee Service for more than 5yrs 10,000
Other Disclosures as required under AS - 15 (Revised) on `Employee Benefits`, in respect of defined benefit obligations are as under:
I. Gratuity :
a) Results of Valuation:
Sl.No Particulars Amount (Rs)
1 Current Service Cost 0
2 Non-Current Service Cost 5,37,99,177
b) Actuarial Assumptions:
As on
Sl.No Description
31.03.2021
1 Rate of Interest 6.53% p.a.
2 Salary Escalation 8% p.a.
121
3 Rate of exit due to reasons other than death or retirement 14.57% p.a.
4 Rate of return on plan assets 7.25% p.a.
5 Retirement age 60 years
II. Leave Encashment :
Results of Valuation:
1 Current Service Cost 47,50,121
36.Related Party Disclosures
Names of the related parties and description of relationship
Relationship Name of the Parties
P. Muni Krishna
Key Management Personnel
Y. Muralidhar
Y. Kirthi Krishna
Relative of Key Management Personnel
P. Yashwanth Krishna
MYK Tools India Private Limited

Subsidiary MYK Laticrete Building Materials Private
122
Limited.
MYK Arment Private Ltd
Parasakti Cement Industries Ltd
Bemci Industries Pvt Ltd
Turbovent Industries Private Ltd

Enterprise in which Key Management Personnel or their relative have significant
influence
Laticrete South East Asia Pte Ltd
Laticrete (Malaysia) SDN BHD
Laticrete Philippines, Inc
Laticrete RAK Co. LLC
Joint Venture Laticrete International Inc.
Summary of transactions with the above related parties are as follows:
Amt in Rupees
Nature of Transaction FY 2020-2021 FY 2019-2020
Purchase of Goods
Parasakti Cement Industries Limited 4,78,84,305 4,06,08,188
MYK Arment Private Limited 19,14,66,129 14,84,35,319
Bemci Industries Pvt Ltd 9,42,260 30,65,497
Laticrete International Inc, USA 0 59,865
Turbovent Industries Private Limited 9,90,610 40,21,190
Sale of Goods
MYK Arment Private Limited 6,77,35,153 5,96,69,289
123
Laticrete South East Asia Pte Ltd 1,62,818 13,15,200
Laticrete (Malaysia) SDN BHD 9,89,910 4,26,238
Laticrete Philippines, Inc 0 1,54,000
Laticrete RAK Co. LLC. (sample Invoice)

0 14,065
Remuneration to Key Management Personnel
Mr. Muralidhar Yadama 2,54,82,900 2,21,58,600
Mr. P. Muni Krishna (Directors Sitting Fees) 0 1,500
Mr. Erno De Bruijn (Directors Sitting Fees) 0 1000
Mr.Faisal Saleem (Directors Sitting Fees) 0 2,000
Mr.David Allen Rothberg (Directors Sitting Fees) 0 500
Commission to Key Management Personnel
Mrs. Y. Kirthi Krishna (Directors Sitting Fees) 0 2,000
Joint Venture - Royalty
Laticrete International Inc, USA 2,00,64,903 2,07,72,818
124
Training Charges Received
37. Letters are issued to parties seeking confirmation of balances outstanding in the books of accounts.It is also
mentioned that in case no confirmations is received beforestipulated date the balance indicated shall be treated as confirmed. Confirmation
lettershave been received in a few cases wherein, no adverse communication was noted from any party.
38. EARNINGS PER SHARE:
Previous
Particulars Current Year
Year
2020-2021 2019-2020
(Rs.) (Rs.)
91,07,40,141 86,39,81,899
Net profit after tax as per profit and loss account (Rs.)
Weighted average number of equity shares outstanding during the period/year for diluted
35,14,760 38,90,990
earnings per share (No.)
Basic earnings per share (Rs.) 259.12 222.05
Diluted earnings per share (Rs.) 259.12 222.05
Nominal value of share (Rs.) 10.00 10.00
125
39. Previous year`s figures have been regrouped/reclassified to conform to Current year`s classification.
40. COVID-19isaninfectiousdiseasecausedbythemostrecentlydiscoveredcoronavirus,SARS-CoV-2. InMarch2020,

theWorldHealthOrganizationdeclaredCOVID-19apandemic.
TheGovernmentofIndiadeclaredalockdownon23rdMarch2020inthelightoftheoutbreakof COVID-19,on
accountofwhichtheCompanysuspendeditsoperationsfrom23rdMarch2020.The Companyhasbeentaking
variousprecautionarymeasurestoprotectitsemployeesandtheir familiesfromtheCOVID-19pandemic. Operationshavebeenresumedpartially
,subsequenttothe yearend,from8thMay2020,whereintheCompanyhastaken allnecessarysafetymeasuresaslaid
downbythegovernmentforthepurpose.
In assessing the recoverability of receivables and other financial assets, the Company has considered internal and external information upto
the date of approval of these financial statements. The impact of the global health pandemic may be different from that of estimated as at
the date of approval of these financial statements and the Company will continue to closely monitor any material changes to future economic
conditions.
For C.Ramachandram& Co. For and on behalf of the Board
Firm No.002864S
D.Premnath Y.MURALIDHARY.KIRTHI KRISHNA
Partner Managing DirectorDirector
126
Membership No.207133 DIN:00034952 DIN:00505766
Date:
Place: Hyderabad
127
Disclosure of accounting policies, change in accounting policies and changes in estimates explanatory [Text Block]
1. Corporate information
MYK LATICRETE INDIA PRIVATE LIMITED ('the Company') is a manufacturing company, which manufactures Tile and Stone installation &
Lata finish products used by the different civil construction industries.
2. Basis of preparation
These financial statements are prepared in accordance with Generally Accepted Accounting Principles under historical cost convention on the
accrual basis concept. GAAP comprises accounting standards as prescribed under sec 133 of Companies Act,2013 read with Rule 7 of companies
(Accounts) Rules, 2014 (to the extent notified).The financial statements have been prepared on an accrual basis and under the historical cost
convention. The accounting policies adopted in the preparation of financial statements are consistent with those of previous year.
The accounting policies adopted in the preparation of these financial statements are consistent with those of the previous year.
2.1 Summary of significant accounting policies
i.Use of Estimates
The preparation of financial statements in conformity with Indian GAAP requires estimates and assumptions to be made that affect the reported
amounts of assets and liabilities on the date of financial statements make estimates and assumptions that affect the reported balances of assets and
liabilities on the date of the financial statements and reported amounts of income and expenses during the reporting period. Although these
estimates are based on the management's best knowledge of current events and actions, uncertainty about these assumptions and estimates could
result in outcomes different from the estimates. Difference between actual results and estimates are recognized in the period in which the results
are known or materialize. Estimates and underlying assumptions are reviewed on an ongoing basis. Any revision to accounting estimates is
recognized prospectively in the current and future periods.
Own Fixed Assets
Fixed Assets (whether Tangible or Intangible) are stated at cost net of recoverable taxes and includes amounts added on revaluation, less
accumulated depreciation and impairment loss, if any. All costs, including financing costs till commencement of commercial production, net
charges on foreign exchange contracts and adjustments arising from exchange rate variations attributable to the fixed assets are capitalized.
Impairment of Assets
factors. An asset is treated as impaired when the carrying cost of the asset exceeds its recoverable amount. An asset's recoverable amount is the
arm's length transaction between knowledgeable, willing parties, less the costs of disposal.
Leased Assets
128
Assets acquired under Leases, where the Company has substantially all the risks and rewards of ownership, are classified as finance leases. Such
leases are capitalized at the inception of the lease at lower of the fair value or the present value of the minimum lease payments and a liability is
created for an equivalent amount. Each lease rental paid is allocated between the liability and the interest cost, so as to obtain a constant periodic
rate of interest on the outstanding liability for each period.
.Borrowing Costs
vi.Depreciation and Amortization
Depreciation on Tangible Fixed Assets is provided on straight line method, pro rata to the period of use, at the rates specified in Schedule II of the
Companies Act, 2013and on Intangible Assets are based on the useful lives of the assets as estimated by the management.
Leasehold assets are amortized at rate based on the remaining period of lease or rate specified in Schedule II of the Act, whichever is higher.All
individual assets costing Rs.10,000/- or less are fully depreciated in the year of purchase.The residual value of each of the asset has been adopted
as Nil.
Foreign Currency Transactions
Investments
Investments, that are intended to be held for not more than one year, are classified as current investments. All other investments are classified as
long term investments / non-current investments. Long-term investments are carried at cost after deducting provisions made, if any, for
diminution in value of investments other than temporary, determined separately for each individual investment. Current investments are carried at
lower of cost and fair value determined for each category of investments.
Inventories
Items of inventories are measured at lower of cost and net realizable value after providing for obsolescence, if any. Cost of inventories comprises
of cost of purchase, cost of conversion and other costs including manufacturing overheads incurred in bringing them to their respective present
location and condition. Cost of raw materials, process chemicals, stores and spares, packing materials, trading and other products are determined
on weighted average basis. By-products are valued at net realizable value. WIP, Finished Goods are valued at lower of cost and NRV. Finished
goods and WIP cost includes cost of conversion and other cost incurred in bringing the inventories to their present location and conditions. Cost
of inventories is computed on weighted average basis. Net realizable value is the estimated selling price in the ordinary course of business less
applicable variable selling expenses.
Revenue Recognition
129
Employee Benefits
These comprise of contributions to employees' provident fund with the government and certain state plans like Employees' State Insurance and
Employees' Pension Scheme. The Company's payments to the defined contribution plans are recognized as an expense during the period in which
the employees perform the services that the payment covers.
expense.
Earnings per Share
The earnings considered in ascertaining the Company's Earnings per Share (EPS) comprise of the net profit after tax less dividend (including
dividend distribution tax) on preference shares. The number of shares used for computing the basic EPS is the weighted average number of
shares outstanding during the year.
Taxes on Income
Income Tax expenses comprise current tax and deferred tax charge or credit.
Current Tax is measured on the basis of estimated taxable income for the current accounting period in accordance with the provisions of the
Income-tax Act, 1961.
Deferred Tax reflects the impact of timing difference between accounting income and taxable income during the current year and reversal of
timing differences for the earlier years. Deferred tax charge or credit and corresponding deferred tax liabilities or assets are measured using the
tax rates and laws enacted or substantively enacted as on the balance sheet date. Deferred tax assets are recognized and carried forward only to the
extent that there is reasonable certainty, except for carried forward losses and unabsorbed depreciation which is recognized based on virtual
certainty, that the assets will be realized in future.
130
Provisions
A provision is recognized when an enterprise has a present obligation as a result of a past event and it is probable that an outflow of resources will
be required to settle the obligation, in respect of which a reliable estimate can be made. Provisions, other than employee benefits, are not
discounted to their present value and are determined based on management estimate required to settle the obligation at the Balance Sheet date.
ExpenditureTransactions denominated in foreign currency are recorded at the exchange rate prevailing on the date of the transaction or that
approximates the actual rate at the date of the transaction. Monetary assets and liabilities denominated, in foreign currency at the Balance sheet
date are translated at year-end rates.In case of forward exchange contracts, the difference between the forward exchange rate and the exchange
rate at the inception of contract is recognized as expense or income over the life of the contract.Exchange difference including premium or
discount on forward exchange contracts, relating to borrowed funds, liabilities and commitments in foreign currency for acquisition of fixed
assets, arising till the assets are ready for their intended use, are adjusted to cost of fixed assets. Any other exchange difference either on
settlement or translation is recognized in the Statement of Profit and Loss.
Expenses are net of taxes recoverable, where applicable.
131
29. Contingencies
Obligations which are material and whose future outcome cannot be ascertained with reasonable certainty are treated as contingent and, to the
extent not provided for, are disclosed by way of notes on the accounts.
Contingent Liabilities not provided for on account of
Particulars 31stMarch 2020 (Rs.) 31stMarch 2019 (Rs.)
Bank Guarantees 0.00 12,000
EPCG availed against Imported Equipment 1,10,99,817 1,10,99,817
Pending litigation regarding Excise Duty 2,73,37,245 2,10,54,929
30.Operating Leases:
The Company's significant leasing arrangements are in respect of operating leases for premises that are cancellable in nature. The lease rentals
31.Auditor's Remuneration and Expenses
132
Audit Fees 3,60,000 2,00,000
Tax Audit 40,000 40,000
32.Value of Imports on C.I.F. Basis
Capital Goods 0.00 13,42,778
Raw Materials 25,18,78,427 28,64,91,857
33.Expenditure in Foreign Currency
Particulars 31stMarch 2020 (Rs.) 31stMarch 2019(Rs.)
Travel 27,18,338 11,95,994
Royalty 2,07,72,818 1,81,21,717
34. Earnings in Foreign Currency
Export Sales 3,43,71,622 6,02,76,260
Training Charges 2,11,82,251 2,68,63,126
133
35.Employee Benefits:
The employee's benefits provided by the company as required under Accounting Standard 15
(Revised) are as under:-
Gratuity: Gratuity is paid to all employees on retirement/separation based on the number of years of service. The scheme is funded by the
company and is managed by a separate trust through LICLong Service Benefits: Long Service Benefits payable to the employees are as under
Sl.No Particulars Amount(Rs)
1 Employee Service for than 5yrs 10,000
Other Disclosures as required under AS - 15 (Revised) on 'Employee Benefits', in respect of defined benefit obligations are as under:
134
Gratuity :Results of Valuation:
Sl.No
Particulars
Amount (Rs)
Current Service Cost
11,77,770
Non-Current Service Cost
5,09,37,571
Actuarial Assumptions:
Sl.No
Description
As on
31.03.2020
Rate of Interest
6.7% p.a.
135
Salary Escalation
8% p.a.
Rate of exit due to reasons other than death or retirement
8%% p.a.
Rate of return on plan assets
7.27% p.a.
Retirement age
60 years
Leave Encashment :
Results of Valuation:
1 Current Service Cost 42,04,293
136
36.Related Party Disclosures
Names of the related parties and description of relationship
Relationship Name of the Parties
P. Muni Krishna
Key Management Personnel
Y. Muralidhar
Y. Kirthi Krishna
P. Yashwanth Krishna
MYK Tools India Private Limited

Subsidiary
MYK Laticrete Building Materials Private
Limited.
MYK Schomburg India Private Ltd
Parasakti Cement Industries Ltd
Bemci Industries Pvt Ltd
Turbovent Industries Private Ltd

Enterprise in which Key Management Personnel or their relative have significant
Laticrete Middle East LLC
influence
Laticrete South East Asia Pte Ltd
Laticrete (Malaysia) SDN BHD
137
Laticrete Philippines, Inc
Laticrete RAK Co. LLC
Joint Venture Laticrete International Inc.
Summary of transactions with the above related parties are as follows:
Amt in Rupees
Nature of Transaction FY 2019-2020 FY 2018-19
Purchase of Goods
Parasakti Cement Industries Limited 4,06,08,188 3,87,20,663
MYK Schomburg India Private Limited 14,84,35,319 8,58,11,468
Bemci Industries Pvt Ltd 30,65,497 33,33,527
Laticrete International Inc, USA 59,865 15,83,478
Turbovent Industries Private Limited 40,21,190 45,35,182
Laticrete Middle East LLC 0.00 0.00
Sale of Goods
MYK Schomburg India Private Limited 5,96,69,289 6,35,17,489
Laticrete South East Asia Pte Ltd 13,15,200 16,48,330
Laticrete (Malaysia) SDN BHD 4,26,238 0.00
Laticrete Philippines, Inc 1,54,000 0.00
138
Laticrete RAK Co. LLC. (sample Invoice)

14,065 0.00
Remuneration to Key Management Personnel
Mr. P. Muni Krishna (Directors Sitting Fees) 1,500 1,500
Mr. Erno De Bruijn (Directors Sitting Fees) 1000 500
Mr.Faisal Saleem (Directors Sitting Fees) 2,000 2,000
Mr.David Allen Rothberg (Directors Sitting Fees) 500 500
Commission to Key Management Personnel
Mrs. Y. Kirthi Krishna (Directors Sitting Fees) 2,000 2,000
Joint Venture - Royalty
Training Charges Received
37. Letters are issued to parties seeking confirmation of balances outstanding in the books of accounts.It is also mentioned that in case no
139
confirmations is received beforestipulated date the balance indicated shall be treated as confirmed. Confirmation lettershave been received in a
few cases wherein, no adverse communication was noted from any party.
38. EARNINGS PER SHARE:
Previous
Particulars Current Year
Year
2019-2020 2018-2019
(Rs.) (Rs.)
86,39,81,899 69,86,18,016
Net profit after tax as per profit and loss account (Rs.)
Weighted average number of equity shares outstanding during the period/year for diluted
38,90,990 43,23,544
earnings per share (No.)
Basic earnings per share (Rs.) 222.05 161.58
Diluted earnings per share (Rs.) 222.05 161.58
Nominal value of share (Rs.) 10.00 10.00
Pursuant to issue of bonus shares, the weighted average number of equity shares and earning per share of the previous year has been accordingly
re-stated.
39. Previous year's figures have been regrouped/reclassified to conform to Current year's classification.
140
40. COVID-19isaninfectiousdiseasecausedbythemostrecentlydiscoveredcoronavirus,SARS-CoV-2. InMarch2020,

theWorldHealthOrganizationdeclaredCOVID-19apandemic.
TheGovernmentofIndiadeclaredalockdownon23rdMarch2020inthelightoftheoutbreakof COVID-19,on
accountofwhichtheCompanysuspendeditsoperationsfrom23rdMarch2020.The Companyhasbeentaking
variousprecautionarymeasurestoprotectitsemployeesandtheir familiesfromtheCOVID-19pandemic. Operationshavebeenresumedpartially
,subsequenttothe yearend,from8thMay2020,whereintheCompanyhastaken allnecessarysafetymeasuresaslaid
downbythegovernmentforthepurpose.
In assessing the recoverability of receivables and other financials assets, the Company has considered internal and external information upto
the date of approval of these financial statements. The impact of the global health pandemic may be different from that of estimated as at the
date of approval of these financial statements and the Company will continue to closely monitor any material changes to future economic
conditions.
For C.Ramachandram& Co. For and on behalf of the Board
Firm No.002864S
D.Premnath Y.MURALIDHARY.KIRTHI KRISHNA
Partner Managing DirectorDirector
Membership No.207133
Date:
141
Place: Hyderabad
[201700] Notes - Government grants

01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
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
[201200] Notes - Employee benefits

01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
Textual information (23) Textual information (24)
Disclosure of employee benefits explanatory [TextBlock] [See below] [See below]
Termination benefits expense 0 0
Amount recognised as expense for defined contribution plans 0 0
142
Disclosure of employee benefits explanatory [Text Block]

i. Employee Benefits
expense.
143
Disclosure of employee benefits explanatory [Text Block]

i. Employee Benefits
expense.
[300400] Notes - Employee share-based payments

01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
Disclosure of notes on employee share-based payment arrangements explanatory
[TextBlock]
Disclosure of measurement of fair value of other instruments granted
during period explanatory [TextBlock]
Number of instruments other instruments granted 0 0
[201800] Notes - Borrowing cost

01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
Disclosure of notes on borrowing costs explanatory [TextBlock] [See below] [See below]
Borrowing costs capitalised 0 0
144
Disclosure of notes on borrowing costs explanatory [Text Block]

i.Borrowing Costs
Disclosure of notes on borrowing costs explanatory [Text Block]

i.Borrowing Costs
145
[201600] Notes - Related party
Disclosure of relationship and transactions between related parties [Table] ..(1)

Categories of related parties [Axis] BemciIndustriesPrivateLimited ErnoDeBruijn
01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020
Disclosure of relationship and transactions between
related parties [Abstract]
related parties [LineItems]
BEMCI INDUSTRIES BEMCI INDUSTRIES
Name of related party PRIVATE LIMITED PRIVATE LIMITED
ErnoDe Bruijn ErnoDe Bruijn
Country of incorporation or residence of related

INDIA INDIA UNITED STATES UNITED STATES
party
CIN of related party U28999TG2004PTC043454 U28999TG2004PTC043454
Enterprises which are Enterprises which are
owned, or have significant owned, or have significant
Key Management Key Management
Description of nature of related party relationship influence of or are partners influence of or are partners
Personnel Personnel
with Key management with Key management
personnel and their relatives personnel and their relatives
Description of nature of transactions with related
Purchase of goods Purchase of goods SITTING FEES SITTING FEES
party
Related party transactions [Abstract]
Purchases of goods related party transactions 9,42,260 30,65,497 0 0
Purchases of goods related party transactions,
0.00% 0.00% 0.00% 0.00%
percentage
Revenue from sale of goods related party
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
transactions, percentage
Purchases of tangible assets related party
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
Sales of tangible assets related party
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
Services received related party transactions 0 0 0 0
Services received related party transactions,
0.00% 0.00% 0.00% 0.00%
percentage
Revenue from rendering of services related
0 0 0 0
party transactions
0.00% 0.00% 0.00% 0.00%
party transactions, percentage
Leases as lessor related party transactions 0 0 0 0
Leases as lessor related party transactions,
0.00% 0.00% 0.00% 0.00%
percentage
Leases as lessee related party transactions 0 0 0 0
Leases as lessee related party transactions,
0.00% 0.00% 0.00% 0.00%
percentage
Advances given during year related party
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
Advances taken during year related party
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
Interest received during year related party
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
146
Interest paid during year related party

0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
Reimbursement of expenses incurred on
behalf of company during year related 0 0 0 0
party transactions
behalf of company during year related 0.00% 0.00% 0.00% 0.00%
Reimbursement of expenses incurred by
related party during year related party 0 0 0 0
transactions
related party during year related party 0.00% 0.00% 0.00% 0.00%
Hire purchase as purchaser related party
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
Hire purchase as seller related party
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
Contribution to trust controlled by company
0 0
in relation to CSR expenditure
Contribution to trust controlled by
company in relation to CSR expenditure, 0.00% 0.00%
percentage
Transfers of research and development from
0 0 0 0
enterprise related party transactions
enterprise related party transactions, 0.00% 0.00% 0.00% 0.00%
percentage
Transfers of research and development to
0 0 0 0
percentage
Transfers under license agreements from
0 0 0 0
percentage
Transfers under license agreements to
0 0 0 0
percentage
Transfers under finance agreements related
party transactions [Abstract]
Transfers of loan under finance
agreements from enterprise related 0 0 0 0
party transactions
Transfers of loan under finance agreements
from enterprise related party transactions, 0.00% 0.00% 0.00% 0.00%
percentage
agreements to enterprise related party 0 0 0 0
transactions
Transfers of loan under finance agreements to
percentage
Equity contributions made under finance
0 0 0 0
agreements related party transactions
agreements related party transactions, 0.00% 0.00% 0.00% 0.00%
percentage
Equity contributions received under
finance agreements related party 0 0 0 0
transactions
147
Equity contributions received under finance

percentage
Provision of guarantees or collateral by
0 0 0 0
percentage
Provision of guarantees or collateral to
0 0 0 0
percentage
Services received from management contracts 0 0 0 0
Services received from management contracts,
0.00% 0.00% 0.00% 0.00%
percentage
Revenue from services rendered through
0 0 0 0
management contracts
0.00% 0.00% 0.00% 0.00%
management contracts, percentage
Expense from agency arrangements 0 0 0 0
Expense from agency arrangements, percentage 0.00% 0.00% 0.00% 0.00%
Revenue form agency arrangements 0 0 0 0
Revenue form agency arrangements, percentage 0.00% 0.00% 0.00% 0.00%
Other related party transactions expense 0 0 0 0
Other related party transactions expense,
0.00% 0.00% 0.00% 0.00%
percentage
Other related party transactions income 0 0 0 0
Other related party transactions income,
0.00% 0.00% 0.00% 0.00%
percentage
Transaction relating to key management personnel
[Abstract]
Remuneration for key managerial personnel 0 0 0 500
Remuneration for key managerial personnel,
0.00% 0.00% 0.00% 0.00%
percentage
Outstanding balances for related party
transactions [Abstract]
Amounts payable related party transactions 0 0 0 0
Amounts payable related party transactions,
0.00% 0.00% 0.00% 0.00%
percentage
Amounts receivable related party transactions 0 0 0 0
Amounts receivable related party transactions,
0.00% 0.00% 0.00% 0.00%
percentage
Provisions for doubtful debts related to
outstanding balances of related party 0 0 0 0
transaction
outstanding balances of related party 0.00% 0.00% 0.00% 0.00%
transaction, percentage
Share application money received from related
0 0 0 0
party
0.00% 0.00% 0.00% 0.00%
party, percentage
Share application money given to related party 0 0 0 0
Share application money given to related party,
0.00% 0.00% 0.00% 0.00%
percentage
Maximum amount payable to related party during
0 0 0 0
period
0.00% 0.00% 0.00% 0.00%
period, percentage
Maximum amount receivable from related party
0 0 0 0
during period
0.00% 0.00% 0.00% 0.00%
during period, percentage
Amount written off during period in respect
0 0 0 0
of debts due from related parties
of debts due from related parties, 0.00% 0.00% 0.00% 0.00%
percentage
148
Amount written back during period in respect

0 0 0 0
of debts due to related parties
0.00% 0.00% 0.00% 0.00%
of debts due to related parties, percentage
149

Categories of related parties [Axis] FaisalSaleem LaticreteInternationalIncUSA
01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020
Name of related party Faisal Saleem Faisal Saleem LaticreteInternationalIncUSA LaticreteInternationalIncUSA
INDONESIA INDONESIA UNITED STATES UNITED STATES
party
Description of nature of related party relationship Personnel Personnel
Joint venture Joint venture
Description of nature of transactions with related Purchase of goods, Royalty Purchase of goods, Royalty
SITTING FEES SITTING FEES
party & Training charges received & Training charges received
Purchases of goods related party transactions 0 0 0 59,865
0.00% 0.00% 0.00% 0.00%
percentage
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
Services received related party transactions 0 0 2,00,64,903 2,07,72,818
0.00% 0.00% 0.00% 0.00%
percentage
0 0 2,11,43,601 2,11,82,251
party transactions
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
percentage
0.00% 0.00% 0.00% 0.00%
percentage
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
party transactions
150

transactions
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
percentage
0 0 0 0
percentage
0 0 0 0
percentage
0 0 0 0
percentage
party transactions
percentage
transactions
percentage
0 0 0 0
percentage
transactions
percentage
0 0 0 0
percentage
0 0 0 0
percentage
0.00% 0.00% 0.00% 0.00%
percentage
151

0 0 0 0
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
percentage
0.00% 0.00% 0.00% 0.00%
percentage
[Abstract]
Remuneration for key managerial personnel 0 2,000 0 0
0.00% 0.00% 0.00% 0.00%
percentage
0.00% 0.00% 0.00% 0.00%
percentage
0.00% 0.00% 0.00% 0.00%
percentage
transaction
0 0 0 0
party
0.00% 0.00% 0.00% 0.00%
party, percentage
0.00% 0.00% 0.00% 0.00%
percentage
0 0 0 0
period
0.00% 0.00% 0.00% 0.00%
period, percentage
0 0 0 0
during period
0.00% 0.00% 0.00% 0.00%
0 0 0 0
percentage
0 0 0 0
0.00% 0.00% 0.00% 0.00%
152

Categories of related parties [Axis] LaticreteSouthEastAsiaPteLtd MRMuralidharYadama
01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020
Laticrete South
Name of related party East Asia Pte Ltd
LaticreteSouthEastAsiaPteLtd MRMuralidharYadama MRMuralidharYadama

SINGAPORE SINGAPORE INDIA INDIA
party
Permanent account number of related party AAAPY9365L AAAPY9365L
Enterprises which
are owned, or have
Enterprises which are owned,
significant
or have significant influence
influence of or are Key Management Key Management
Description of nature of related party relationship partners with Key
of or are partners with Key
Personnel Personnel
management personnel and
management
their relatives
personnel and their
relatives
Purchase of goods Purchase of goods SITTING FEES SITTING FEES
party
Purchases of goods related party transactions 0 0 0 0
0.00% 0.00% 0.00% 0.00%
percentage
1,62,818 13,15,200 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
percentage
0 0 0 0
party transactions
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
percentage
0.00% 0.00% 0.00% 0.00%
percentage
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
153

0.00% 0.00% 0.00% 0.00%
party transactions
transactions
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0
percentage
0 0 0 0
percentage
0 0 0 0
percentage
0 0 0 0
percentage
0 0 0 0
percentage
party transactions
percentage
transactions
percentage
0 0 0 0
percentage
transactions
percentage
154

0 0 0 0
percentage
0 0 0 0
percentage
0.00% 0.00% 0.00% 0.00%
percentage
0 0 0 0
0.00% 0.00% 0.00% 0.00%
Other related party transactions expense 0 0 1,25,27,000 1,31,35,000
0.00% 0.00% 0.00% 0.00%
percentage
0.00% 0.00% 0.00% 0.00%
percentage
[Abstract]
Remuneration for key managerial personnel 0 0 2,54,82,900 2,21,58,600
0.00% 0.00% 0.00% 0.00%
percentage
0.00% 0.00% 0.00% 0.00%
percentage
0.00% 0.00% 0.00% 0.00%
percentage
transaction
0 0 0 0
party
0.00% 0.00% 0.00% 0.00%
party, percentage
0.00% 0.00% 0.00% 0.00%
percentage
0 0 0 0
period
0.00% 0.00% 0.00% 0.00%
period, percentage
0 0 0 0
during period
0.00% 0.00% 0.00% 0.00%
0 0 0 0
percentage
0 0 0 0
0.00% 0.00% 0.00% 0.00%
155

Categories of related parties [Axis] MYKARMENTPRIVATELIMITED MrDavidAllenRothberg
01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020
MYK ARMENT PRIVATE MYK ARMENT PRIVATE Mr.David Allen Mr.David Allen
Name of related party LIMITED LIMITED Rothberg Rothberg
INDIA INDIA UNITED STATES UNITED STATES
party
Permanent account number of related party AAECM7286P AAECM7286P
CIN of related party U24114TG2006PTC050128 U24114TG2006PTC050128
Enterprises which are Enterprises which are
owned, or have significant owned, or have significant
Description of nature of related party relationship influence of or are partners influence of or are partners
Personnel Personnel
with Key management with Key management
personnel and their relatives personnel and their relatives
Purchase and Sale of goods Purchase and Sale of goods SITTING FEES SITTING FEES
party
Purchases of goods related party transactions 19,14,66,129 14,84,35,819 0 0
0.00% 0.00% 0.00% 0.00%
percentage
6,77,35,153 5,96,69,289 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
percentage
0 0 0 0
party transactions
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
percentage
0.00% 0.00% 0.00% 0.00%
percentage
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
156

party transactions
transactions
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0
percentage
0 0 0 0
percentage
0 0 0 0
percentage
0 0 0 0
percentage
0 0 0 0
percentage
party transactions
percentage
transactions
percentage
0 0 0 0
percentage
transactions
percentage
0 0 0 0
157

percentage
0 0 0 0
percentage
0.00% 0.00% 0.00% 0.00%
percentage
0 0 0 0
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
percentage
0.00% 0.00% 0.00% 0.00%
percentage
[Abstract]
Remuneration for key managerial personnel 0 0 0 500
0.00% 0.00% 0.00% 0.00%
percentage
0.00% 0.00% 0.00% 0.00%
percentage
0.00% 0.00% 0.00% 0.00%
percentage
transaction
0 0 0 0
party
0.00% 0.00% 0.00% 0.00%
party, percentage
0.00% 0.00% 0.00% 0.00%
percentage
0 0 0 0
period
0.00% 0.00% 0.00% 0.00%
period, percentage
0 0 0 0
during period
0.00% 0.00% 0.00% 0.00%
0 0 0 0
percentage
0 0 0 0
0.00% 0.00% 0.00% 0.00%
158

Categories of related parties [Axis] MrPMuniKrishna MrsYKrithiKrishna
01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020
Name of related party MrPMuniKrishna MrPMuniKrishna MrsYKrithiKrishna MrsYKrithiKrishna
INDIA INDIA INDIA INDIA
party
Permanent account number of related party ADFPP2190L ADFPP2190LAGJPK0687L AGJPK0687L
Relatives of Key Relatives of Key
Description of nature of related party relationship Personnel Personnel
management management
personnel personnel
SITTING FEES SITTING FEES SITTING FEES SITTING FEES
party
Purchases of goods related party transactions 0 0 0 0
0.00% 0.00% 0.00% 0.00%
percentage
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
percentage
0 0 0 0
party transactions
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
percentage
0.00% 0.00% 0.00% 0.00%
percentage
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
party transactions
159

transactions
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
0 0 0 0
percentage
0 0 0 0
percentage
0 0 0 0
percentage
0 0 0 0
percentage
party transactions
percentage
transactions
percentage
0 0 0 0
percentage
transactions
percentage
0 0 0 0
percentage
0 0 0 0
percentage
160

0.00% 0.00% 0.00% 0.00%
percentage
0 0 0 0
0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00%
percentage
0.00% 0.00% 0.00% 0.00%
percentage
[Abstract]
Remuneration for key managerial personnel 0 1,500 0 2,000
0.00% 0.00% 0.00% 0.00%
percentage
0.00% 0.00% 0.00% 0.00%
percentage
0.00% 0.00% 0.00% 0.00%
percentage
transaction
0 0 0 0
party
0.00% 0.00% 0.00% 0.00%
party, percentage
0.00% 0.00% 0.00% 0.00%
percentage
0 0 0 0
period
0.00% 0.00% 0.00% 0.00%
period, percentage
0 0 0 0
during period
0.00% 0.00% 0.00% 0.00%
0 0 0 0
percentage
0 0 0 0
0.00% 0.00% 0.00% 0.00%
161

Categories of related parties [Axis] ParasaktiCementIndustrieslimited TURBOVENTINDUSTRIESPRIVATELIMITED
01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020
Disclosure of relationship and transactions
between
Disclosure of relationship and
transactions between
TURBOVENT TURBOVENT
PARASAKTI CEMENT PARASAKTI CEMENT
Name of related party INDUSTRIES LIMITED INDUSTRIES LIMITED
INDUSTRIES PRIVATE INDUSTRIES PRIVATE
LIMITED LIMITED
Country of incorporation or residence
of related INDIA INDIA INDIA INDIA
party
Permanent account number of related
AABCC4801D AABCC4801D
party
CIN of related party U26942TG1993PLC015764 U26942TG1993PLC015764 U74210TG1992PTC014782 U74210TG1992PTC014782
Enterprises which are Enterprises which are Enterprises which are Enterprises which are
owned, or have significant owned, or have significant owned, or have significant owned, or have significant
Description of nature of related party
influence of or are partners influence of or are partners influence of or are partners influence of or are partners
relationship with Key management with Key management with Key management with Key management
personnel and their relatives personnel and their relatives personnel and their relatives personnel and their relatives
Description of nature of transactions
with related Purchase of goods Purchase of goods Purchase of goods Purchase of goods
party
Purchases of goods related party
4,78,84,305 4,06,08,188 9,90,610 40,21,190
transactions
Purchases of goods related party
transactions, 0.00% 0.00% 0.00% 0.00%
percentage
Revenue from sale of goods related
party 0 0 0 0
transactions
Revenue from sale of goods related
party 0.00% 0.00% 0.00% 0.00%
Purchases of tangible assets related
party 0 0 0 0
transactions
Purchases of tangible assets related
party 0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
Services received related party
0 0 0 0
transactions
Services received related party
transactions, 0.00% 0.00% 0.00% 0.00%
percentage
Revenue from rendering of services
related 0 0 0 0
party transactions
Revenue from rendering of services
related 0.00% 0.00% 0.00% 0.00%
Leases as lessor related party
0 0 0 0
transactions
Leases as lessor related party
transactions, 0.00% 0.00% 0.00% 0.00%
percentage
Leases as lessee related party
0 0 0 0
transactions
162
Leases as lessee related party

transactions, 0.00% 0.00% 0.00% 0.00%
percentage
Advances given during year related
party 0 0 0 0
transactions
Advances given during year related
party 0.00% 0.00% 0.00% 0.00%
Advances taken during year related
party 0 0 0 0
transactions
Advances taken during year related
party 0.00% 0.00% 0.00% 0.00%
Interest received during year related
party 0 0 0 0
transactions
Interest received during year related
party 0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
Reimbursement of expenses incurred
on
behalf of company during year 0 0 0 0
related
party transactions
on
behalf of company during year 0.00% 0.00% 0.00% 0.00%
related
by
transactions
by
Hire purchase as purchaser related
party 0 0 0 0
transactions
Hire purchase as purchaser related
party 0.00% 0.00% 0.00% 0.00%
0 0 0 0
transactions
0.00% 0.00% 0.00% 0.00%
company 0 0
company in relation to CSR
0.00% 0.00%
expenditure,
percentage
Transfers of research and
development from 0 0 0 0
development from
0.00% 0.00% 0.00% 0.00%
enterprise related party transactions,
percentage
163

development to 0 0 0 0
development to
0.00% 0.00% 0.00% 0.00%
percentage
Transfers under license agreements
from 0 0 0 0
Transfers under license agreements
from
0.00% 0.00% 0.00% 0.00%
percentage
0 0 0 0
0.00% 0.00% 0.00% 0.00%
percentage
Transfers under finance agreements
related
party transactions
agreements
from enterprise related party 0.00% 0.00% 0.00% 0.00%
transactions,
percentage
agreements to enterprise related
0 0 0 0
party
transactions
agreements to
enterprise related party 0.00% 0.00% 0.00% 0.00%
transactions,
percentage
Equity contributions made under
finance
0 0 0 0
agreements related party
transactions
Equity contributions made under
finance
agreements related party 0.00% 0.00% 0.00% 0.00%
transactions,
percentage
0 0 0 0
finance agreements related party
transactions
finance
agreements related party 0.00% 0.00% 0.00% 0.00%
transactions,
percentage
Provision of guarantees or collateral
by 0 0 0 0
by
0.00% 0.00% 0.00% 0.00%
percentage
to 0 0 0 0
to
0.00% 0.00% 0.00% 0.00%
percentage
164
Services received from management

0 0 0 0
contracts
Services received from management
contracts, 0.00% 0.00% 0.00% 0.00%
percentage
Revenue from services rendered
through 0 0 0 0
Revenue from services rendered
through 0.00% 0.00% 0.00% 0.00%
Expense from agency arrangements,
0.00% 0.00% 0.00% 0.00%
percentage
Revenue form agency arrangements,
0.00% 0.00% 0.00% 0.00%
percentage
Other related party transactions
0 0 0 0
expense
expense, 0.00% 0.00% 0.00% 0.00%
percentage
0 0 0 0
income
income, 0.00% 0.00% 0.00% 0.00%
percentage
Transaction relating to key
management personnel
[Abstract]
Remuneration for key managerial
0 0 0 0
personnel
Remuneration for key managerial
personnel, 0.00% 0.00% 0.00% 0.00%
percentage
Amounts payable related party
0 0 0 0
transactions
Amounts payable related party
transactions, 0.00% 0.00% 0.00% 0.00%
percentage
Amounts receivable related party
0 0 0 0
transactions
Amounts receivable related party
transactions, 0.00% 0.00% 0.00% 0.00%
percentage
Provisions for doubtful debts related
to
0 0 0 0
outstanding balances of related party
transaction
Provisions for doubtful debts related
to
0.00% 0.00% 0.00% 0.00%
outstanding balances of related party
Share application money received
from related 0 0 0 0
party
Share application money received
from related 0.00% 0.00% 0.00% 0.00%
party, percentage
Share application money given to
0 0 0 0
related party
Share application money given to
related party, 0.00% 0.00% 0.00% 0.00%
percentage
Maximum amount payable to related
party during 0 0 0 0
period
Maximum amount payable to related
party during 0.00% 0.00% 0.00% 0.00%
period, percentage
165
Maximum amount receivable from

related party 0 0 0 0
during period
Maximum amount receivable from
related party 0.00% 0.00% 0.00% 0.00%
Amount written off during period in
respect 0 0 0 0
Amount written off during period in
respect
0.00% 0.00% 0.00% 0.00%
of debts due from related parties,
percentage
Amount written back during period in
respect 0 0 0 0
Amount written back during period in
respect
0.00% 0.00% 0.00% 0.00%
of debts due to related parties,
percentage

01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
Disclosure of notes on related party explanatory [TextBlock]
Whether there are any related party transactions during year Yes Yes
Whether company is subsidiary company No No
[201400] Notes - Leases

01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
Disclosure of leases explanatory [TextBlock] [See below] [See below]
Whether any operating lease has been converted to financial lease or
No No
vice-versa
Disclosure of leases explanatory [Text Block]

Operating Leases:
166
Disclosure of leases explanatory [Text Block]

Operating Leases:
[300300] Notes - Earnings per share

01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
Disclosure of earnings per share explanatory [TextBlock]
Weighted average shares and adjusted weighted average shares [Abstract]
Basic weighted average shares [shares] 3,51,47,600 [shares] 3,51,47,600
Adjusted weighted average shares [shares] 3,51,47,600 [shares] 3,51,47,600
Diluted weighted average shares [shares] 3,51,47,600 [shares] 3,51,47,600
Adjustments of numerator to calculate basic earnings per share [Abstract]
Adjustments of numerator to calculate diluted earnings per share [Abstract]
167
[202800] Notes - Subsidiary information
Details of subsidiaries [Table] ..(1)

Subsidiaries [Axis] Subsidiary1 Subsidiary2
01/04/2020 01/04/2020
to to
31/03/2021 31/03/2021
Details of subsidiaries [Abstract]
Details of subsidiaries [LineItems]
MYK LATICRETE
MYK TOOLS PRIVATE
Name of subsidiary LIMITED
BUILDING MATERIALS
PRIVATE LIMITED
Country of incorporation or residence of subsidiary INDIA INDIA
CIN of subsidiary company U29100TG2011PTC074919 U24304TG2020PTC139652
Section 2(87) Explanation Section 2(87) Explanation
Section under which company became subsidiary (a) (a)
Whether subsidiary has filed balance sheet No No
Reason if no filing has been made by subsidiary NA NA
Whether financial year of subsidiary different from financial year of holding company No No
Financial year of subsidiary [Abstract]
Start date of accounting period of subsidiary 01/04/2020 01/04/2020
End date of accounting period of subsidiary 31/03/2021 31/03/2021
Percentage of shareholding in subsidiary 100.00% 100.00%
Key information about subsidiary [Abstract]
Reporting currency of subsidiary INR INR
Exchange rate as applicable for subsidiary NOT APPLICABLE NOT APPLICABLE
Share capital of subsidiary 1,00,000 1,00,000
Reserves and surplus of subsidiary -1,74,136 -27,170
Total assets of subsidiary 11,220 1,00,518
Total liabilities of subsidiary 11,220 1,00,518
Investment of subsidiary 0 0
Turnover of subsidiary 0 0
Profit before tax of subsidiary -23,800 -27,688
Provision for tax of subsidiary 0 0
Profit after tax of subsidiary -23,800 -27,170
Proposed dividend of subsidiary 0 0
Details of subsidiaries which are yet to commence operations [Table] ..(1)

Subsidiaries which are yet to commence operations
MYKLATICRETEBUILDINGMATERIALSPRIVATELIMITED MYKTOOLSPRIVATELIMITED
[Axis]
01/04/2020 01/04/2020
to to
31/03/2021 31/03/2021
Details of subsidiaries which are yet to
commence operations [Abstract]
Details of subsidiaries which are yet to
commence operations [LineItems]
Name of subsidiary which is yet to commence
MYK LATICRETE BUILDING MATERIALS PRIVATE LIMITED MYK TOOLS PRIVATE LIMITED
operations
Country of incorporation or residence of
subsidiary which is yet to commence INDIA INDIA
operations
CIN of subsidiary company which is yet to
U24304TG2020PTC139652 U29100TG2011PTC074919
commence operations
Identification number of foreign subsidiary
which is yet to commence operations NA NA
in country of incorporation or residence
Nature of issuing authority in country of
incorporation or residence foreign
NA NA
subsidiary which is yet to commence
operations
168

01/04/2020
to
31/03/2021
Disclosure of subsidiary information explanatory [TextBlock]
Whether company has subsidiary companies Yes
Number of subsidiary companies 2
Whether company has subsidiary companies which are yet to commence
Yes
operations
Whether company has subsidiary companies liquidated or sold during year No
[201900] Notes - Income taxes

31/03/2021 31/03/2020
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 0 0
Deferred tax asset, expenditure disallowances 0 0
Deferred tax asset, depreciation 0 0
Deferred tax asset, provision doubtful debts 0 0
Deferred tax asset, sundry debtors 0 0
Deferred tax asset, unabsorbed depreciation 0 0
Deferred tax asset, unrealised carried forward losses 0 0
Deferred tax asset, VRS payment 0 0
Deferred tax in respect of business combinations 0 0
Deferred tax asset, other 0 0
Total deferred tax assets 0 0
Components of deferred tax liabilities [Abstract]
Deferred tax liability, depreciation 2,04,54,698 1,75,69,229
Deferred tax liability, export incentives 0 0
Deferred tax liability, investments 0 0
Deferred tax liability, provision doubtful debts 0 0
Deferred tax liability, provision employee benefits 0 0
Deferred tax liability, provision expenses 0 0
Deferred tax liability, technical know-how fees 0 0
Deferred tax liability, other 0 0
Total deferred tax liabilities 2,04,54,698 1,75,69,229
Details of adjustments of deferred tax asset [Abstract]
Adjustments of deferred tax asset against general reserve where
0 0
approved by court
Adjustments of deferred tax asset against securities premium where
0 0
approved by court
[202400] Notes - Investments in associates

01/04/2020
to
31/03/2021
Disclosure of notes on investment in associates explanatory [TextBlock]
Whether company has invested in associates No
Whether company has associates which are yet to commence operations No
Whether company has associates liquidated or sold during year No
169
[202500] Notes - Financial reporting of interests in joint ventures

01/04/2020
to
31/03/2021
Disclosure of notes on interests in joint ventures explanatory [TextBlock]
Whether company has invested in joint ventures No
Contingent liabilities incurred by venturer in relation to interests
0
in joint ventures
Share of contingent liabilities incurred jointly with other venturers 0
Share of contingent liabilities of joint ventures themselves 0
Contingent liabilities for which venturer is contingently liable for
0
liabilities of other venturers
Total contingent liabilities related to joint ventures 0
Capital commitments of venturer in relation to interests in joint
0
ventures
Share of capital commitments incurred jointly with other venturers 0
Share of capital commitments of joint ventures themselves 0
Whether company has joint ventures which are yet to commence operations No
Whether company has joint ventures liquidated or sold during year No
[201500] Notes - Impairment

01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
Disclosure of impairment of assets explanatory [TextBlock] [See below] [See below]
Disclosure of impairment of assets explanatory [Text Block]

i. Impairment of Assets
170
Disclosure of impairment of assets explanatory [Text Block]

i. Impairment of Assets
An impairment loss, if any, is charged to the Statement of Profit and Loss in the year in which the asset isidentified as impaired. Impairment loss
recognised in prior years is reversed when there is an indication that impairment loss recognised for the asset no longer exists or has decreased
[202100] Notes - Other provisions, contingent liabilities and contingent assets
Disclosure of contingent liabilities [Table] ..(1)

Company total contingent liabilities
Classes of contingent liabilities [Axis] Other contingent liabilities [Member]
[Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020
Disclosure of contingent liabilities [Abstract]
Disclosure of contingent liabilities [LineItems]
AS PER DETAILS AS PER DETAILS AS PER DETAILS AS PER DETAILS
Description of nature of contingent liabilities PROVIDED PROVIDED PROVIDED PROVIDED
Estimate of financial effect of contingent
4,09,93,361 3,43,37,858 4,09,93,361 3,43,37,858
liabilities

Contingent liability on disputed sales tax
Classes of contingent liabilities [Axis] Other guarantees given [Member]
[Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020
PENDING PENDING
LITIGATION LITIGATION
BANK B A N K
Description of nature of contingent liabilities GUARANTEES GUARANTEES
REGARDING REGARDING
SALES TAXAND SALES TAXAND
EXCISE DUTY EXCISE DUTY
Estimate of financial effect of contingent
12,000 12,000 2,10,76,928 2,08,48,197
liabilities
171

Other contingent liabilities, others
Classes of contingent liabilities [Axis]
[Member]
01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
EPCG AVAILED EPCG AVAILED
AGAINST IMPORTED A G A I N S T
EQUIPMENT, LBT IMPORTED
Description of nature of contingent liabilities PENDING NMMC & EQUIPMENT &
PENDING ORDER LBT PENDING
WITH NAA NMMC
Estimate of financial effect of contingent liabilities 1,99,04,433 1,34,77,661
[202700] Notes - Cash flow statements

01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
Disclosure of cash flow statement explanatory [TextBlock]
Consideration paid (received) 0 0
Portion of consideration paid (received) consisting of cash and cash
0 0
equivalents
Cash and cash equivalents if different from balance sheet [Abstract]
Cash and cash equivalents cash flow statement 174,89,38,366 69,25,18,960
Bank overdrafts classified as cash equivalents 0 0
Other differences to cash and cash equivalents in statement of cash
0 0
flows
Total cash and cash equivalents 174,89,38,366 69,25,18,960
Cash and cash equivalents held by enterprise unavailable for use by group 0 0
Disclosure of additional information about understanding financial
positions and liquidity of enterprise explanatory [TextBlock]
Undrawn borrowing facilities 0 0
Cash flows from used in increases in operating capacity 0 0
Cash flows from used in maintaining operating capacity 0 0
Income taxes paid (refund) [Abstract]
Income taxes paid (refund), classified as operating activities 30,26,56,596 29,76,60,656
Income taxes paid (refund), classified as investing activities 0 0
Income taxes paid (refund), classified as financing activities 0 0
Total income taxes paid (refund) 30,26,56,596 29,76,60,656
[300200] Notes - Construction contracts

01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
Disclosure of recognised revenue from construction contracts explanatory
[TextBlock]
Revenue from construction contracts 0 0
Disclosures in respect of contracts in progress [Abstract]
Costs incurred and recognised profits (less recognised losses) 0 0
Advances received for contracts in progress 0 0
Retention for contracts in progress 0 0
172
[100200] Statement of profit and loss

01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
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 441,75,51,275 409,62,79,211
Revenue from sale of services 0 0
Other operating revenues 0 0
Excise duty 0 0
Service tax collected 0 0
Other duties taxes collected 0 0
Total revenue from operations other than finance company 441,75,51,275 409,62,79,211
Disclosure of revenue from operations for finance company [Abstract]
Revenue from interest 0 0
Revenue from other financial services 0 0
Total revenue from operations finance company 0 0
Total revenue from operations 441,75,51,275 409,62,79,211
Other income 9,38,28,932 6,50,77,426
Total revenue 451,13,80,207 416,13,56,637
Expenses [Abstract]
Cost of materials consumed 129,23,38,547 118,90,16,489
Purchases of stock-in-trade 25,73,42,842 15,26,07,688
Changes in inventories of finished goods, work-in-progress and
-44,58,748 1,40,61,335
stock-in-trade
Employee benefit expense 62,23,64,353 55,58,91,079
Finance costs 51,18,508 41,60,809
Depreciation, depletion and amortisation expense [Abstract]
Depreciation expense 4,90,66,163 4,66,31,032
Amortisation expense 38,99,175 18,31,709
Depletion expense 0 0
Total depreciation, depletion and amortisation expense 5,29,65,338 4,84,62,741
Expenditure on production, transportation and other expenditure
0 0
pertaining to exploration and production activities
CSR expenditure 2,31,91,011 1,27,30,193
Other expenses 102,99,51,345 102,35,32,917
Total expenses 327,88,13,196 300,04,63,251
Total profit before prior period items, exceptional items, extraordinary
123,25,67,011 116,08,93,386
items and tax
Prior period items before tax 0 0
Exceptional items before tax 0 0
Total profit before extraordinary items and tax 123,25,67,011 116,08,93,386
Extraordinary items before tax 0 0
Total profit before tax 123,25,67,011 116,08,93,386
Tax expense [Abstract]
Current tax 31,89,41,401 29,85,64,910
Deferred tax 28,85,469 -16,53,423
Total tax expense 32,18,26,870 29,69,11,487
Total profit (loss) for period from continuing operations 91,07,40,141 86,39,81,899
Profit (loss) from discontinuing operations before tax 0 0
Tax expense of discontinuing operations 0 0
Total profit (loss) from discontinuing operation after tax 0 0
Total profit (loss) for period before minority interest 91,07,40,141 86,39,81,899
Profit (loss) of minority interest 0 0
Share of profit (loss) of associates 0 0
Total profit (loss) for period 91,07,40,141 86,39,81,899
Additional disclosure on discontinuing operations [Abstract]
173
Pre-tax gain or loss recognised on disposal of assets or

settlement of liabilities attributable to discontinuing 0 0
operations
Earnings per equity share [Abstract]
Basic earning per equity share [INR/shares] 259.12 [INR/shares] 222.05
Diluted earnings per equity share [INR/shares] 259.12 [INR/shares] 222.05
Nominal value of per equity share [INR/shares] 10 [INR/shares] 10
174
[300500] Notes - Subclassification and notes on income and expenses

01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
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 441,75,51,275 409,62,79,211
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 441,75,51,275 409,62,79,211
Disclosure of revenue from sale of services [Abstract]
Revenue from sale of services [Abstract]
Revenue from sale of services, gross 0 0
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 0 0
Disclosure of other operating revenues [Abstract]
Other operating revenues [Abstract]
Net gain/loss on foreign currency fluctuations treated as other
0 0
operating revenue
Miscellaneous other operating revenues 0 0
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 5,46,93,096 3,67,41,335
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 5,46,93,096 3,67,41,335
Interest income on long-term investments [Abstract]
Interest on fixed deposits, long-term investments 0 0
Interest from customers on amounts overdue, long-term investments 0 0
Interest on long-term intercorporate deposits 0 0
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 0 0
Total interest income 5,46,93,096 3,67,41,335
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 0 0
Dividend income long-term equity securities 0 0
Dividend income long-term mutual funds 0 0
Dividend income long-term investments from others 0 0
Total dividend income long-term investments 0 0
Total dividend income 0 0
Net gain/loss on sale of investments [Abstract]
Net gain/loss on sale of current investments 0 0
175
Net gain/loss on sale of long-term investments 0 0

Total net gain/loss on sale of investments 0 0
Rental income on investment property [Abstract]
Rental income on investment property, current 0 0
Rental income on investment property, long-term 0 0
Total rental income on investment property 0 0
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
0 0
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 on income tax refund 0 0
Income on brokerage commission 0 0
Income on sales tax benefit 0 0
Excess provisions written back 0 0
Liabilities written off 0 0
Other allowances deduction other income 0 0
Miscellaneous other non-operating income 3,91,35,836 2,83,36,091
Total other non-operating income 3,91,35,836 2,83,36,091
Income from pipeline transportation 0 0
Total other income 9,38,28,932 6,50,77,426
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 10,42,981 14,88,140
Interest lease financing 0 0
Other interest charges 40,75,527 26,72,669
Total interest expense 51,18,508 41,60,809
Net gain/loss on foreign currency transactions and translations
0 0
treated as finance costs
Total finance costs 51,18,508 41,60,809
Share finance costs joint ventures 0 0
Employee benefit expense [Abstract]
Salaries and wages 54,89,93,897 47,33,69,032
Managerial remuneration [Abstract]
Remuneration to directors [Abstract]
Salary to directors 2,54,82,900 2,21,58,600
Commission to directors 1,25,27,000 1,31,35,000
Other benefits to directors 0 0
Total remuneration to directors 3,80,09,900 3,52,93,600
Total managerial remuneration 3,80,09,900 3,52,93,600
Contribution to provident and other funds [Abstract]
Contribution to provident and other funds for contract labour 0 0
176
Contribution to provident and other funds for others 2,73,50,905 2,81,82,371

Total contribution to provident and other funds 2,73,50,905 2,81,82,371
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 0 0
Gratuity 26,49,769 1,10,26,289
Pension schemes 0 0
Voluntary retirement compensation 0 0
Other retirement benefits 0 0
Staff welfare expense 53,59,882 80,19,787
Other employee related expenses 0 0
Total employee benefit expense 62,23,64,353 55,58,91,079
Share employee benefit expense joint ventures 0 0
Breakup of other expenses [Abstract]
Consumption of stores and spare parts 1,60,26,848 2,40,13,079
Power and fuel 1,97,23,561 1,98,92,734
Rent 2,91,41,651 3,15,93,801
Repairs to building 56,85,739 51,55,790
Repairs to machinery 25,679 2,93,962
Insurance 1,21,28,565 88,08,141
Rates and taxes excluding taxes on income [Abstract]
Central excise duty 0 0
Purchase tax 0 0
Other cess taxes 65,95,952 31,77,155
Cost taxes other levies by government local authorities 0 0
Provision wealth tax 0 0
Total rates and taxes excluding taxes on income 65,95,952 31,77,155
Research development expenditure 0 0
Subscriptions membership fees 0 0
Electricity expenses 20,47,793 33,20,570
Telephone postage 73,00,033 85,32,772
Printing stationery 20,19,599 32,16,148
Information technology expenses 0 0
Travelling conveyance 3,38,27,702 6,60,33,678
Catering canteen expenses 0 0
Entertainment expenses 0 0
Legal professional charges 2,02,85,388 2,63,37,252
Training recruitment expenses 4,72,290 59,71,692
Vehicle running expenses 0 0
Safety security expenses 62,52,905 61,64,779
Directors sitting fees 0 7,000
Commission to directors other than whole time director or managing
0 0
director or manager
Donations subscriptions 0 0
Books periodicals 9,24,351 18,86,176
Seminars conference expenses 0 0
Registration filing fees 0 0
Custodial fees 0 0
Bank charges 0 0
Guest house expenses 0 0
Advertising promotional expenses 3,79,17,351 10,66,79,419
After sales service expenses 0 0
Warranty claim expenses 0 0
Commission paid sole selling agents 0 0
Commission paid other selling agents 38,73,79,274 29,00,63,412
Commission paid sole buying agents 0 0
Transportation distribution expenses 0 0
Secondary packing expenses 0 0
Discounting charges 0 0
Guarantee commission 0 0
Cost repairs maintenance other assets 0 0
Cost transportation [Abstract]
Cost freight 30,66,50,550 28,27,09,408
Cost octroi 0 0
177
Cost loading and unloading 0 0

Cost other transporting 0 0
Total cost transportation 30,66,50,550 28,27,09,408
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 technical services 0 0
Cost royalty 2,00,64,903 2,07,72,818
Provision bad doubtful debts created 0 0
Provision bad doubtful loans advances created 0 0
Adjustments to carrying amounts of investments [Abstract]
Provision diminution value current investments created 0 0
Provision diminution value long-term investments created 0 0
Total adjustments to carrying amounts of investments 0 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 [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 0 0
Total miscellaneous expenditure written off 0 0
Fixed assets written off 0 0
Inventories written off 0 0
Investments written off 0 0
Bad debts written off 23,38,822 7,72,867
Bad debts advances written off 0 0
Other assets written off 0 0
Total write-off assets 23,38,822 7,72,867
Loss on disposal of intangible asset 0 0
Loss on disposal, discard, demolishment and destruction of depreciable
0 0
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 7,72,43,753 7,28,85,498
Sale material scrap other assets contracts 0 0
Overhead costs apportioned contracts [Abstract]
Insurance cost apportioned contract 0 0
Design technical assistance apportioned contracts 0 0
Other overheads apportioned contracts 0 0
Total overhead costs apportioned contracts 0 0
Total contract cost 7,72,43,753 7,28,85,498
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 3,60,000 3,60,000
Payment for taxation matters 40,000 40,000
178
Payment for company law matters 0 0

Payment for other services 0 0
Payment for reimbursement of expenses 0 0
Total payments to auditor 4,00,000 4,00,000
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 3,54,98,636 3,48,44,766
Total other expenses 102,99,51,345 102,35,32,917
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 0 0
Current tax pertaining to current year 31,89,41,401 29,85,64,910
MAT credit recognised during year 0 0
Total current tax 31,89,41,401 29,85,64,910
[300600] Notes - Additional information statement of profit and loss
Details of raw materials consumed [Table] ..(1)

Categories of raw materials consumed [Axis] Raw materials consumed [Member] Raw materials consumed 1 [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020
Additional information on profit and loss account
[Abstract]
Additional details in case of manufacturing companies
[Abstract]
Details of raw materials consumed [Abstract]
Details of raw materials consumed [LineItems]
Cement, White Cement, White Cement, White Cement, White
Cement, Bulk Cement, Bulk Cement, Bulk Cement, Bulk
Description of raw materials category Powders, Polymers Powders, Polymers & Powders, Polymers Powders, Polymers &
& Others Others & Others Others
Total raw materials consumed 129,23,38,547 118,90,16,489 129,23,38,547 118,90,16,489
179
Details of goods purchased [Table] ..(1)

Categories of goods purchased [Axis] Goods purchased [Member] Goods purchased 1 [Member]
01/04/2020 01/04/2019 01/04/2020 01/04/2019
to to to to
31/03/2021 31/03/2020 31/03/2021 31/03/2020
Additional information on profit and loss account
[Abstract]
Additional details in case of manufacturing companies
[Abstract]
Details of goods purchased [Abstract]
Details of goods purchased [LineItems]
Description of goods purchased Traded items Traded items Traded items Traded items
Total goods purchased 25,73,42,842 15,26,07,688 25,73,42,842 15,26,07,688
180

01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
Additional information on profit and loss account explanatory [TextBlock]
Share cost of materials consumed joint ventures 0 0
Share purchases of stock-in-trade joint ventures 0 0
Share depreciation and amortisation expense joint ventures 0 0
Share other expenses joint ventures 0 0
Changes in inventories of finished goods -39,42,047 1,24,12,837
Changes in inventories of work-in-progress 0 0
Changes in inventories of stock-in-trade -5,16,701 16,48,498
Changes in other inventories 0 0
Total changes in inventories of finished goods, work-in-progress and
-44,58,748 1,40,61,335
stock-in-trade
Share changes in inventories of finished goods, work-in-progress
0 0
and stock-in-trade joint ventures
Exceptional items before tax 0 0
Tax effect of exceptional items 0 0
Total exceptional items 0 0
Attachment of property of enterprise 0 0
Earthquake 0 0
Other items extraordinary 0 0
Total extraordinary items before tax 0 0
Tax effect of extraordinary items 0 0
Total extraordinary items 0 0
Total exceptional and extraordinary items 0 0
Prior period income before tax 0 0
Prior period expense before tax 0 0
Total prior period items before tax 0 0
Tax effect on prior period items 0 0
Total prior period items after tax 0 0
Revenue communication services 0 0
Revenue roadway operations 0 0
Revenue waterway operations 0 0
Revenue airway operations 0 0
Revenue logistics transport services 0 0
Revenue courier services 0 0
Revenue infrastructure services 0 0
Revenue software development 0 0
Revenue hardware maintenance 0 0
Revenue information technology consultancy 0 0
Revenue information technology services 0 0
Revenue hotels 0 0
Revenue hospitals healthcare clinics 0 0
Revenue entertainment 0 0
Revenue repairs maintenance 0 0
Revenue educational activities 0 0
Revenue membership subscriptions fees 0 0
Revenue admission fees 0 0
Revenue erectioning commissioning 0 0
Revenue agencies 0 0
Revenue advertising publicity 0 0
Revenue value added services 0 0
Revenue real estate property development 0 0
Revenue other services 0 0
Revenue lease rentals 0 0
Revenue hire charges 0 0
Revenue job work 0 0
Revenue domestic contracts 0 0
Revenue foreign contracts 0 0
Total revenue contracts 0 0
Revenue royalties 0 0
Revenue technical know-how 0 0
Revenue franchise 0 0
181
Revenue licenses 0 0
Revenue intangible assets 0 0
Total gross income from services rendered 0 0
Aggregate amount set aside to provisions made for meeting
0 0
specific liabilities, contingencies or commitments
Aggregate amount withdrawn from such provisions made for
meeting specific liabilities, contingencies or commitments 0 0
no longer required
Write down of inventories to net realizable value 0 0
Reversal of write down of inventories to net realizable value 0 0
Cost of restructuring of enterprise 0 0
Reversal of cost of restructuring of enterprise 0 0
Expenses on legislative changes having retrospective application 0 0
Income on legislative changes having retrospective application 0 0
Expense on litigation settlements 0 0
Income on litigation settlements 0 0
Other reversals of provisions 0 0
Dividends from subsidiary companies 0 0
Provisions for losses of subsidiary companies 0 0
Value of imports of raw materials 28,95,87,028 25,18,78,427
Value of imports of components and spare parts 0 0
Value of imports of capital goods 0 0
Total value of imports calculated on CIF basis 28,95,87,028 25,18,78,427
Expenditure on royalty 2,00,64,903 2,07,72,818
Expenditure on know-how 0 0
Expenditure on professional and consultation fees 0 0
Expenditure on interest 0 0
Expenditure on other matters 0 27,18,338
Expenditure on dividend paid 0 0
Total expenditure in foreign currency 2,00,64,903 2,34,91,156
Final dividend remitted in foreign currency 0 0
Interim dividend remitted in foreign currency 0 0
Special dividend remitted in foreign currency 0 0
Total amount of dividend remitted in foreign currency 0 0
Total number of non-resident shareholders 0 0
FOB value of manufactured goods exported 75,03,504 3,43,71,622
FOB value of traded goods exported 0 0
Total earnings on export of goods calculated on FOB basis 75,03,504 3,43,71,622
Earnings on royalty 0 0
Earnings on know-how 0 0
Earnings on professional and consultation fees 0 0
Total earnings on royalty, know-how, professional and
0 0
consultation fees
Earnings on interest 0 0
Earnings on dividend 0 0
Total earnings on interest and dividend 0 0
Earnings on other income 2,11,43,601 2,11,82,251
Total earnings in foreign currency 2,86,47,105 5,55,53,873
Amount of revenue received in foreign currency from services 0 0
Insurance and freight on exports 0 0
Profit in foreign currency on sale of assets 0 0
Commission brokerage and discount charges in foreign currency 0 0
Professional charges in foreign currency 0 0
Bank and finance charges in foreign currency 0 0
Logistic charge in foreign currency 0 0
Foreign tax 0 0
Sales marketing and advertising expenses in foreign currency 0 0
Meeting expenses in foreign currency 0 0
Research and development expenses in foreign currency 0 0
Intangible asset charges in foreign currency 0 0
Membership and subscription expenses in foreign currency 0 0
Insurance charges in foreign currency 0 0
Telecommunication expenses in foreign currency 0 0
Profits or losses from partnership firms or association of
0 0
persons or limited liability partnerships
182
Financial effect of deviation from accounting standards profit and

0 0
loss account
Amount of contributions made to political party or for political
0 0
purpose
Amount of contributions made to national defence fund 0 0
Cost incurred by holding company for issuing options or
0 0
shares under employee stock option or stock purchase scheme
Cost reimbursed by subsidiary company for issuing options
or shares under employee stock option or stock purchase 0 0
scheme
Domestic sale manufactured goods 441,75,51,275 409,62,79,211
Domestic sale traded goods 0 0
Total domestic turnover goods, gross 441,75,51,275 409,62,79,211
Export sale manufactured goods 0 0
Export sale traded goods 0 0
Total export turnover goods, gross 0 0
Total revenue from sale of products 441,75,51,275 409,62,79,211
Domestic revenue services 0 0
Export revenue services 0 0
Total revenue from sale of services 0 0
Capital expenditure in foreign currency 0 0
Expenditure on corporate social responsibility activities as per
2,31,91,011 1,27,30,193
guidelines
Gross value of transaction with related parties as per AS-18 61,87,35,689 33,50,24,520
Bad debts of related parties as per AS-18 0 0
[300100] Notes - Revenue

01/04/2020 01/04/2019
to to
31/03/2021 31/03/2020
Disclosure of revenue explanatory [TextBlock] [See below] [See below]
Share revenue from operations joint ventures 0 0
Disclosure of revenue explanatory [Text Block]

Revenue Recognition
Disclosure of revenue explanatory [Text Block]

Revenue Recognition
183
[202200] Notes - Effects of changes in foreign exchange rates

31/03/2021 31/03/2020
Disclosure of notes on effect of changes in foreign exchange rates
explanatory [TextBlock]
Details of change in classification of significant foreign operation
[Abstract]
Impact of change in classification of significant foreign operation
0 0
on shareholders' fund
[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] KIRTHIKRISHNAYADAMA MUNIKRISHNAPAPAGARI MURALIDHARYADAMA
01/04/2020 01/04/2020 01/04/2020
to to to
31/03/2021 31/03/2021 31/03/2021
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]
Name of key managerial personnel or director YADAMA KIRTHI KRISHNA MUNIKRISHNA PAPAGARI YADAMA MURALIDHAR
Director identification number of key managerial
personnel or 00505766 00011580 00034952
director
Permanent account number of key managerial personnel or
AGJPK0687L ADFPP2190L AAAPY9365L
director
Date of birth of key managerial personnel or director 28/09/1974 31/01/1944 16/04/1972
Designation of key managerial personnel or director Other Non Executive Director Other Non Executive Director Managing Director
Qualification of key managerial personnel or director MBA BE B TECH
Shares held by key managerial personnel or director [shares] 2,59,825 [shares] 0 [shares] 14,97,555
Key managerial personnel or director remuneration
[Abstract]
Gross salary to key managerial personnel or director
[Abstract]
Salary key managerial personnel or director 0 0 2,21,58,600
Perquisites key managerial personnel or director 0 0 0
Profits in lieu of salary key managerial personnel or
0 0 0
director
Gross salary to key managerial personnel or director 0 0 2,21,58,600
Sitting fees key managerial personnel or director 2,000 1,500 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 1,31,35,000
director
Other commission key managerial personnel or director 0 0 0
Other compensation key managerial personnel or
0 0 0
director
Total key managerial personnel or director remuneration 2,000 1,500 3,52,93,600
184
[301000] Notes - Corporate social responsibility
Classification of CSR spending [Table] ..(1)

Classification of CSR spending [Axis] PROJECT1 PROJECT2 PROJECT3 PROJECT4
01/04/2020 01/04/2020 01/04/2020 01/04/2020
to to to to
31/03/2021 31/03/2021 31/03/2021 31/03/2021
Disclosure of CSR spending [Abstract]
Details of CSR spent during financial year [Abstract]
Manner in which amount CSR spent during financial
year [Abstract]
Manner in which amount CSR spent during
financial year [LineItems]
Infraastructure
SCHOLARSHIP TO
CSR project or activity identified support to Schools in Masons & Painters CCTV
MASON KIDS
around Hyderabad
Technology Poverty, hunger,
Sector in which project is covered Education Vocational skills
incubators malnutrition
Whether projects or programs undertaken
LOCAL NATIONAL LOCAL NATIONAL
in local area or other
Name of state or union territory where
Telangana All India Telangana All India
projects or programs was undertaken
Name of district where projects or programs Hyderabad & ranga Different Cities in Different Cities in
GOPANPALLY
was undertaken reddy districts India India
Budget amount outlay project or program wise 1,35,95,000 18,48,000 3,99,000 5,40,000
Amount spent on projects or programs
[Abstract]
Direct expenditure on projects or programs 1,35,95,000 18,48,000 3,99,000 5,40,000
Overheads on projects or programs 0 0 0 0
Total amount spent on projects or programs 1,35,95,000 18,48,000 3,99,000 5,40,000
Cumulative expenditure upto reporting period 1,35,95,000 18,48,000 3,93,000 5,40,000
Expenditure on administrative overheads 0 0 0 0
Other implementing Other implementing Other implementing Other implementing
Mode of amount spent agencies agencies agencies agencies
185
Classification of CSR spending [Table] ..(2)

Classification of CSR spending [Axis] PROJECT5 PROJECT6 PROJECT7 PROJECT8
01/04/2020 01/04/2020 01/04/2020 01/04/2020
to to to to
31/03/2021 31/03/2021 31/03/2021 31/03/2021
Disclosure of CSR spending [Abstract]
Details of CSR spent during financial year [Abstract]
Manner in which amount CSR spent during financial
year [Abstract]
Manner in which amount CSR spent during
financial year [LineItems]
SET UP OF
SET UP O F MACHINE FOR SANITIZATION
INFRA SUPPORT
CSR project or activity identified DAILYSIS MANAGEMENT
TO SCHOOLS
K I T
CENTTRE OF SICK DISTRIBUTION
NEONATES
Poverty, hunger, Poverty, hunger,
Sector in which project is covered Health care Health care
malnutrition malnutrition
Whether projects or programs undertaken
LOCAL LOCAL LOCAL NATIONAL
in local area or other
Name of state or union territory where
Telangana Telangana Telangana All India
projects or programs was undertaken
Name of district where projects or programs DIFFERENT
HYDERABD HYDERABAD HYDERABAD
was undertaken CITIES IN INDIA
Budget amount outlay project or program wise 25,00,000 8,87,000 4,51,011 29,71,000
Amount spent on projects or programs
[Abstract]
Direct expenditure on projects or programs 25,00,000 8,87,000 4,51,011 29,71,000
Overheads on projects or programs 0 0 0 0
Total amount spent on projects or programs 25,00,000 8,87,000 4,51,011 29,71,000
Cumulative expenditure upto reporting period 25,00,000 8,87,000 4,51,011 29,71,000
Expenditure on administrative overheads 0 0 0 0
Other implementing Other implementing Other implementing Other implementing
Mode of amount spent agencies agencies agencies agencies
Disclosure of net profits for last three financial years [Table] ..(1)
Financial year 1 Financial year 2 Financial year 3
Net profits for last three financial years [Axis]
[Member] [Member] [Member]
01/04/2020 01/04/2020 01/04/2020
to to to
31/03/2021 31/03/2021 31/03/2021
Disclosure of net profits for last three financial years [Abstract]
Disclosure of net profits for last three financial years [LineItems]
Description of financial year 2019-20 2018-19 2017-18
Profit before tax of financial year 116,08,93,386 98,28,92,284 72,17,72,422
Net profit computed u/s 198 and adjusted as per rule 2(1)(f)
116,08,93,386 98,28,92,284 72,17,72,423
of Companies (CSR Policy) Rules, 2014
186

01/04/2020
to
31/03/2021
Disclosure of corporate social responsibility explanatory [TextBlock] [See below]
Whether provisions of corporate social responsibility are applicable on
Yes
company
Disclosure of composition of CSR committee [TextBlock] [See below]
Whether company has written CSR policy Yes
Details CSR policy [TextBlock] [See below]
Average net profit for last three financial years 95,51,86,031
Prescribed CSR expenditure 1,91,03,720.62
Amount CSR to be spent for financial year 1,91,03,720.61
Amount CSR spent for financial year 2,31,91,011
Amount spent in local area 2,31,91,011
Amount unspent CSR 0
Disclosure manner in which amount CSR spent during financial year Textual information (36)
explanatory [TextBlock] [See below]
MYK Charitable
Foundation, Fernandez
Hospital Educational And
Details of implementing agency Research Foundation,
Ripples Of Kindness
Foundation and Rotary
Trust
187
Disclosure of corporate social responsibility explanatory [Text Block]

Annexure - A
Annexure to the Report of Board of Directors
Annual Report on Corporate Social Responsibility Activities
(Pursuant to the Companies (Corporate Social Responsibility) Rules, 2014)
1) BRIEF OUTLINE ON CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY OF THE COMPANY, INCLUDING OVERVIEW
OF PROJECTS/PROGRAMMES UNDERTAKEN:
The Company intends to make a positive difference to society and contribute its share towards the social cause of betterment of society and area
in which companies operates. The Company also believes in the trusteeship concept. This entails transcending business interests and working
towards making a meaningful difference to the society.
We, at MYK Laticrete India Private Limited believe that creation of large societal capital is as important as wealth creation for our shareholders.
As a responsible human organization, we are committed towards the above objective and are keen on developing a sustainable business model to
ensure and activate our future growth drivers. In line with the regulatory expectations, we are putting in place a formal policy as a guide towards
our social commitment going forward.
Focus Area:
i) Training to the Masons & Painters: We are giving training to the Masons & Painters class room & field training in tile & stone installation
job with innovative, new and eco-friendly products in place of traditional way of installation of tile & stones
To encourage the Masons & Painters to attend this training program, which are being conducted all over India, to enhance their skills &
livelihood, we are arranging Masons & Painters Meets.
ii) Education Support to Masons children: We have initiated a CSR activity to provide scholarships for the masons children's higher
education.
188
iii) Health care Support : Under CSR activity we have donated sanitization Kit to Masons, also funded installation of Dialysis unit and
procurement of machinery for management of Sick Neonates
iv) Infrastructure support to schools: We have funded installation of CCTV at schools and taken up various development of Infra at schools
2) COMPOSITION OF CSR COMMITTEE:
We have a board committee (CSR committee) that provides oversight of CSR policy execution to ensure that the CSR objectives of the Company
are met. Our CSR committee comprises of:
1. Mr. Y Muralidhar
2. Mr. P Munikrishna
3. Mrs. Y Kirthi Krishna
3) WEB-LINK WHERE COMPOSITION OF CSR COMMITTEE, CSR POLICY AND CSR PROJECTS APPROVED BY THE BOARD
ARE DISCLOSED ON THE WEBSITE OF THE COMPANY
The web-links is - https://myklaticrete.com/csr/
4) DETAILS OF IMPACT ASSESSMENT OF CSR PROJECTS CARRIED OUT IN PURSUANCE OF SUB-RULE (3) OF RULE 8 OF
THE COMPANIES (CORPORATE SOCIAL RESPONSIBILITY POLICY) RULES, 2014.
Not Applicable.
5) DETAILS OF THE AMOUNT AVAILABLE FOR SET OFF IN PURSUANCE OF SUB-RULE (3) OF RULE 7 OF THE COMPANIES
(CORPORATE SOCIAL RESPONSIBILITY POLICY) RULES, 2014 AND AMOUNT REQUIRED FOR SET OFF FOR THE FINANCIAL
YEAR, IF ANY
189
Sr. Financial Amount available for set-off from preceding financial Amount required to be set-off for the financial year,
No. Year years (in `) if any (in `)
Nil
INR in Lakhs
6) Average net profit of the Company as per Section 135(5) 9551.86
7) a) Two percent of average net profit of the company as per section 135(5) 191.04
b) Surplus arising out of the CSR projects or programmes or activities of the

40.87
previous financial years
c) Amount required to be set off for the financial year, if any Nil
d) Total CSR obligation for the financial year (7a+7b-7c) 231.91
8) (a) CSR amount spent or unspent for the financial year:
Total Amount
Spent for the

Amount Unspent (in Rs. In Lakhs)
Financial Year.
(Rs. In Lakhs)
Total Amount transferred to

Unspent CSR Account as per Amount transferred to any fund specified under
Schedule VII as per second proviso to section 135(5).
Section 135(6).
190
Name of
the Date of
Amount. Date of transfer Amount.
transfer
Fund
95.96 135.95 29.04.2021 Nil Nil Nil
(b) Details of CSR amount spent against ongoing projects for the financial year
Amount
transferred
to
Items
Amount
from the Amount Mode of
Unspent Mode of
list of spent in
allocated CSR Implemen
activities the Implementa
Location of -
Local area Project current
Name of the for the Account
SN in tion -
the Project for the Through
Schedule (Yes/No). duration financial
project project Implemen
VII Year (in Direct
project as
(in Rs. In per Agency
to the Rs.). (Yes/No).
Lakhs)
Act.
Section
135(6) (in
Rs.).
CSR
Location District Name Registration
No.
191
Infra
structure
Support to
1. Schools in (ii) Yes Sangareddy Sangareddy 2 Years 135.95 Nil 135.96 No
and
around
Hyderabad
(c) Details of CSR amount spent against other than ongoing projects for the financial year :
Items Amount
from the Mode of
list of spent for
Mode of
activities implementati
Location Implementation
Local area the
Name of the of the -Through
SN in on -
Project Implementing
Schedule (Yes/No). project
project
VII Direct
Agency
(in Rs.).
to the (Yes/No).
Act.
CSR
No
Masons &
Painters Skill Entire Entire
1 (ii) No 18.48 Yes Nil Nil
enhancement India India
Training
MYK
Navoday To be
2 CCTV (x) Yes Gopanpally 3.99 No Charitable
School applied
Foundation
Scholarship MYK
Entire Entire To be
3 to Mason (ii) No 5.40 No Charitable
India India applied
Kids Foundation
Setup of
Rotary To be
4 Dialysis (i) Yes Hyderabad Hyderabad 25.00 No
Trust - applied
Centre
Fernandez
Set up of
Hospital
Machine for
Educational To be
5 management (i) Yes Hyderabad Hyderabad 8.87 No
And applied
of Sick
Research
Neonates
Foundation
Ripples Of
192
6 Infra support (ii) Yes Hyderabad Hyderabad 4.50 No Kindness To be

to Schools Foundation applied
Sanitization
Entire Entire
7 Kit (i) No 29.71 Yes Nil Nil
India India
Distribution
Total 95.96
(d) Amount spent in Administrative Overheads

Nil
(e) Amount spent on Impact Assessment, if applicable NA
231.91
(f) Total amount spent for the Financial Year (INR in Lakhs)(8b+8c+8d+8e)
(g) Excess amount for set off, if any
SN Particulars Amount in INR
(i) Two percent of average net profit of the company as per section 135(5) Nil
(ii) Total amount spent for the Financial Year Nil
(iii) Excess amount spent for the financial year [(ii)-(i)] Nil
(iv) Surplus arising out of the CSR projects or programmes or activities of the previous financial years, if any Nil
(v) Amount available for set off in succeeding financial years [(iii)-(iv)] Nil
193
9) (a) Details of Unspent CSR amount for the preceding three financial years:
Amount
Amount
Amount spent
remaining to
transferred to
in the
Preceding
Amount transferred to any fund specified be spent in
Unspent CSR
reporting
SN Financial
under Schedule VII as per section 135(6), if succeeding
Account under
Financial any.
Year.
Year financial
section 135 (6)
(in Rs.). years. (in
(in Rs.)
Rs.)
Name
Amount (in Date of
of the
Rs). transfer
Fund
Nil
(b) Details of CSR amount spent in the financial year for ongoing projectsof the preceding financial year(s):
Amount
Total spent on the Cumulative

Financial
amount project in amount spent Status of the
Name of Year in
Project Project allocated the at the end of project -
SN the which the
ID. duration. for the reporting reporting Completed
Project. project was
project Financial Financial /Ongoing.
commenced.
(in Rs.). Year (in Year. (in Rs.)
Rs).
Nil
10) In case of creation or acquisition of capital asset, furnish the details relating to the asset so created or acquired through CSR spent in the
financial year
(asset-wise details).
194
(a) Date of creation or acquisition of the capital asset(s). Nil
(b) Amount of CSR spent for creation or acquisition of capital asset. Nil
(c) Details of the entity or public authority or beneficiary under whose name such capital asset is registered, their address
Nil
etc.
(d) Provide details of the capital asset(s) created or acquired (including complete address and location of the capital asset). Nil
11) Specify the reason(s), if the company has failed to spend two per cent of the average net profit as per section 135(5).
Not Applicable
Place: Hyderabad Y.MURALIDHAR KIRTHI KRISHNA YADAMA
Date: 06.05.2021 Managing Director Director
(DIN.00034952) (DIN.00011580)
195
Disclosure of composition of CSR committee [Text Block]

Annexure - A
Focus Area:
education.
196
1. Mr. Y Muralidhar
Not Applicable.
YEAR, IF ANY
197
Nil
INR in Lakhs

40.87
Total Amount
Spent for the

Financial Year.
(Rs. In Lakhs)

Section 135(6).
198
Name of
the Date of
transfer
Fund
95.96 135.95 29.04.2021 Nil Nil Nil
Amount
transferred
to
Items
Amount
Unspent Mode of
list of spent in
Location of -
SN in tion -
VII Year (in Direct
project as
Lakhs)
Act.
Section
135(6) (in
Rs.).
CSR
No.
199
Infra
structure
Support to
and
around
Hyderabad
Items Amount
from the Mode of
list of spent for
Mode of
Local area the
SN in on -
project
VII Direct
Agency
(in Rs.).
to the (Yes/No).
Act.
CSR
No
Masons &
Training
MYK
Navoday To be
School applied
Foundation
Scholarship MYK
Entire Entire To be
India India applied
Kids Foundation
Setup of
Rotary To be
Trust - applied
Centre
Fernandez
Set up of
Hospital
Machine for
Educational To be
And applied
of Sick
Research
Neonates
Foundation
Ripples Of
200

Sanitization
Entire Entire
India India
Distribution
Total 95.96

Nil
231.91
201
Amount
Amount
Amount spent
remaining to
transferred to
in the
Preceding
Unspent CSR
reporting
SN Financial
Account under
Financial any.
Year.
Year financial
section 135 (6)
(in Rs.)
Rs.)
Name
Amount (in Date of
of the
Rs). transfer
Fund
Nil
Amount

Financial
Name of Year in
SN the which the
commenced.
Rs).
Nil
financial year
202
Nil
etc.
Not Applicable
(DIN.00034952) (DIN.00011580)
203
Details CSR policy [Text Block]

Annexure - A
Focus Area:
education.
204
1. Mr. Y Muralidhar
Not Applicable.
YEAR, IF ANY
205
Nil
INR in Lakhs

40.87
Total Amount
Spent for the

Financial Year.
(Rs. In Lakhs)

Section 135(6).
206
Name of
the Date of
transfer
Fund
95.96 135.95 29.04.2021 Nil Nil Nil
Amount
transferred
to
Items
Amount
Unspent Mode of
list of spent in
Location of -
SN in tion -
VII Year (in Direct
project as
Lakhs)
Act.
Section
135(6) (in
Rs.).
CSR
No.
207
Infra
structure
Support to
and
around
Hyderabad
Items Amount
from the Mode of
list of spent for
Mode of
Local area the
SN in on -
project
VII Direct
Agency
(in Rs.).
to the (Yes/No).
Act.
CSR
No
Masons &
Training
MYK
Navoday To be
School applied
Foundation
Scholarship MYK
Entire Entire To be
India India applied
Kids Foundation
Setup of
Rotary To be
Trust - applied
Centre
Fernandez
Set up of
Hospital
Machine for
Educational To be
And applied
of Sick
Research
Neonates
Foundation
Ripples Of
208

Sanitization
Entire Entire
India India
Distribution
Total 95.96

Nil
231.91
209
Amount
Amount
Amount spent
remaining to
transferred to
in the
Preceding
Unspent CSR
reporting
SN Financial
Account under
Financial any.
Year.
Year financial
section 135 (6)
(in Rs.)
Rs.)
Name
Amount (in Date of
of the
Rs). transfer
Fund
Nil
Amount

Financial
Name of Year in
SN the which the
commenced.
Rs).
Nil
financial year
210
Nil
etc.
Not Applicable
(DIN.00034952) (DIN.00011580)
211
Disclosure manner in which amount CSR spent during financial year explanatory [Text Block]
Annexure - A
Focus Area:
education.
212
1. Mr. Y Muralidhar
Not Applicable.
YEAR, IF ANY
213
Nil
INR in Lakhs

40.87
Total Amount
Spent for the

Financial Year.
(Rs. In Lakhs)

Section 135(6).
214
Name of
the Date of
transfer
Fund
95.96 135.95 29.04.2021 Nil Nil Nil
Amount
transferred
to
Items
Amount
Unspent Mode of
list of spent in
Location of -
SN in tion -
VII Year (in Direct
project as
Lakhs)
Act.
Section
135(6) (in
Rs.).
CSR
No.
215
Infra
structure
Support to
and
around
Hyderabad
Items Amount
from the Mode of
list of spent for
Mode of
Local area the
SN in on -
project
VII Direct
Agency
(in Rs.).
to the (Yes/No).
Act.
CSR
No
Masons &
Training
MYK
Navoday To be
School applied
Foundation
Scholarship MYK
Entire Entire To be
India India applied
Kids Foundation
Setup of
Rotary To be
Trust - applied
Centre
Fernandez
Set up of
Hospital
Machine for
Educational To be
And applied
of Sick
Research
Neonates
Foundation
Ripples Of
216

Sanitization
Entire Entire
India India
Distribution
Total 95.96

Nil
231.91
217
Amount
Amount
Amount spent
remaining to
transferred to
in the
Preceding
Unspent CSR
reporting
SN Financial
Account under
Financial any.
Year.
Year financial
section 135 (6)
(in Rs.)
Rs.)
Name
Amount (in Date of
of the
Rs). transfer
Fund
Nil
Amount

Financial
Name of Year in
SN the which the
commenced.
Rs).
Nil
financial year
218
Nil
etc.
Not Applicable
(DIN.00034952) (DIN.00011580)
219

MYK - LATICRETE - INDIA - PRIVATE - LIMITED - 2020-21 - Financial Statement

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MYK - LATICRETE - INDIA - PRIVATE - LIMITED - 2020-21 - Financial Statement

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MYK LATICRETE INDIA PRIVATE LIMITED

Standalone Financial Statements for period 01/04/2020 to 31/03/2021

[400100] Disclosure of general information about company

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

[400400] Disclosures - Directors report

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

Particulars of holding, subsidiary and associate companies [Table] ..(1)

Unless otherwise specified, all monetary values are in INR

Whether there are contracts/arrangements/transactions not at arm's

Disclosure of extract of annual return as provided under section 92(3)

As per text block

Disclosure for companies covered under section 178(1) on

Disclosure of statement on development and implementation of risk As per text block

Details on policy development and implementation by company on

AS PER TEXT BLOCK

As per text block

Details of directors or key managerial personnels who were No Change in directors

Disclosure of companies which have become or ceased to be its

The Company has

Disclosure of appointment and remuneration of managerial personnels As per text block

Details of comparison of remuneration of key managerial personnels

Details of variations in market capitalisation of company [TextBlock]

Details of average percentile increase in salaries

Details of key parameters for any variable component of remuneration

Disclosure regarding issue of sweat equity shares [TextBlock]

Details of sweat equity shares issued under clause (c)

AS PER TEXT BLOCK

Names of employees not exercised voting rights directly [TextBlock]

Reasons for not voting directly [TextBlock]

Name of person exercising voting rights directly [TextBlock]

Resolutions on which votes casted by persons holding such voting power

Disclosure of equity shares with differential rights [TextBlock]

Details of differential rights relating to voting rights and dividends

Particulars of promoters, directors or key managerial personnels

Disclosure of details of establishment of vigil mechanism [TextBlock]

Disclosure of policy formulated by nomination and remuneration

Disclosures relating to employee stock purchase scheme explanatory

Textual information (1)

Disclosure in board of directors report explanatory [Text Block]

MYK Laticrete India Private Limited

RESULTS OF OUR OPERATIONS

Amount in Rupees in Lakhs

Particulars STAND ALONE CONSOLIDATED

Year Ended Year Ended Year Ended Year Ended

31.03.2021 31.03.2020 31.03.2021 31.03.2020

Total Income 45,113.80 41,613.57 45,113.80 41,613.68

Amortization & Depreciation 529.65 484.63 529.65 484.63

Profit before tax 12,325.67 11,608.93 12,325.16 11,608.82

Income Tax 3,189.41 2,985.65 3,189.28 2,985.62

Deferred Tax 28.85 (16.54) 28.85 (16.54)

Profit after tax 9,107.40 8,639.82 9,107.03 8,639.73

Reserves available for Distribution of Funds 18,184.84 15,505.83 18,182.96 15,504.36

The proposed appropriations are:

Dividend 0.00 2,811.81 0.00 2,811.81

Corporate Dividend Tax 0.00 577.98 0.00 577.98

General Reserve 0.00 863.00 0.00 863.00

Premium on Buy Back of Shares 0.00 1,742.50 0.00 1,742.50

Tax on Buy Back of Shares 0.00 425.73 0.00 425.73

Transferred to Capital Redemption Reserve 0.00 85.00 0.00 85.00

Balance Carried Forward 18,184.84 8,998.81 18,182.96 8,997.34

MATERIAL CHANGES AND COMMITMENTS