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Stavathi Advance Pracess Technologies Pvt Lid Part-[- Balance Sheetasat (Allamount are in Indian Rupees unless otherwise stated) [Particulars Note 3i-Mar-20 [ASSETS INon Current Assets (a) Property Plant & Equipment 3A 636,38,567 (b) Intangible Assets : (©) Right of Use Asset 3B 64,539 (a) Financial Assets + Other financial assets 4 23,35,000 (e) Other Non-curent Assets 5 72,000 Total Non-Current Assets 7,36,10,106 \current Assets (a) Financial Assets (i) Cash and Cash Equivalents 6 31,67,958 (b) Other Current Assets 7 4,27,79.479 Total Current Assets 1,59,47,437 TOTAL ASSETS, 95 57,543 EQUITY AND LIABILITIES |A) Equity (a) Equity Share Capital 8 10,00,000 (b) Other Equity 9 412,100 Total Equity 74,12,100 Ic) Liabilities \Non-current liabilities (@) Financial Liabilities (9 Borrowings 10 6,87,14,321 Gi) Others uw 50,00,000 (b)Long Term Provisions 2 5,39,095, |(e)Deterred Tax Liability (net) 1B 442,659 ‘Total Non-Current Liabilities 7,46,96,074 [Current Liabilities (a) Financial Liabilities () Trade Payables “4 total outstanding dues of micro enterprises and small enterprises 12,272 - total outstanding dues of creditors other than micro enterprises and small enterprises 20,91,450 Gi) Others 15 79,55,830, (b) Other Current Liabilities 16 30,52,056 |(o) Short Term Provisions 7 337,761 Total Current Liabilities 13449369 Total Equity & Liabilities 895,57,543 ‘The accompanying notes form an integral part of the financial statements 01 to 36 As per our report of even date attached for Bohara Bhandari Bung & Associates LLP For and on behalf of Board of Directors Chartered Accountants Firm's registration No.008127S/S200013 Se vin) Pankaj Kumar Bohara a ‘C Bhutada m aan Partner Director Managing Director M.No: 215471 DIN No.01243391 DIN No, 06869882, Place/Camp : Raichur Date:12.06,2020 Place/Camp : Raichur Date:12,06.2020 jes Put Part - Il - Statement of Profit and Loss (Allamount are in indian Rupees unless otherwise stated) For the Year ended Particulars Note ‘Sst Mar 2020 [Revenue la) Revenue from operations : Ib) Other operating revenues : Other income 18 1,19,786 Total Revenue 1,19,786 Expenses la) Employee Benefits Expense 19 1,00,29,359 lb) Depreciation and Amortisation Expense 3A 37,26,763 lo) Finance Cost 20 262,785 ld) Other Expenses 21 49,49,989 Total expenses 2,13,48,895 IProfit / (Loss) before tax (2,12,29,109) [Tax expense i) Current Income tax = lit) Add: Deferred Tax (51,15,851) (51.15,851) [Profit / (Loss) for the Period (A) (1.62,13,258) lOther Comprehesive Income (B) - [Total Comprehensive income for the year (A+B) (1.61,13,258)| Earning per equity share Basic and Diluted EPS per share of Rs.10/- each 29 (201.83) ‘The accompanying notes form an integral part of the financial statements 01 to 35, As per our report of even date attached for Bohara Bhandari Bung & Associates LLP Chartered Accountants For and on behalf of the Board of Directors Firm’s registration No.008127S/S200013 CA Pankajkumar Bohara Vishnukant ¢ Bhutada han Gurram ) Partner Director Managing Director M.No.215471 DIN No.01243391 DIN No. 06869882 Place/Camp:: Raichur Date:12,06.2020 Place/Camp : Raichur Date:12.06.2020 Sravathi Advance Process Technologies Private Limited ‘Cash Flow Statement for the year ended March 31, 2020 (AlLamounts in Indian Rupees unless otherwise stated) Paniculars ZOO, |A.CASH FLOW FROM OPERATING ACTIVITIES Net Profit Before Tax as per Statement of Profitand Loss 2.12,29,109) Less: Adjustments Notional Interest on Security deposits 119,786 [Unrealized Exchange Gain ; Tis AAI) |Add: Adjustments interest 26,42,785 Provision for Gratuity 540,944 Depreciation & Amortisation 37,26,763 loperating profit before working capital changes & Other Adjustments (i4.38,408) Jadius Trade Payables 21,03,722 [Other Non-Gurrent Liabilities 50,00,000 Other Financial Liabilities 52,36,057 Other Liabilities & Provisions 33,87,968 stents f i 2 7 Inventories - Trade Receivables : Other Non-current Assets (29,84,500) Other Current Assets (02777313) (Gaa72270)] ess: Income Taxes (Net) 2.360) [Net Cash flow from Operating activities (22474.635)| Is. CASH_ELOWS FROM INVESTING ACTIVITIES Purchase of Fixed Assets (655,39,408) interest received i Net cash flow (used in) Investing Activities 16.55:39,405) \C.CASH FLOWS FROM FINANCING ACTIVITIES Issue of Equity Shares 10,00,000 Issue of Compulsorly Convertible Preference Shares 8,40,00,000 Payment of Lease Liabilities (18.18,000) [Net cash flow from/(Used in) Financing Activities 331,827,000 [Net increase/{(decrease)in Cash and Cash Equivalents 31,67,958 Icash & cash Equivalents atthe Beginning of the year A [Cash & Cash Equivalents atthe End of the year = arr 956 [Components of Cash and Cash Equivalents ae 2019-20 [Cash on Hand 4466 cash at Banks a) In Curvent Account 31,63.492 “Total Cashand Cash Equivalents 31,67,958 Cash Flow statement has been prepared under Indirect method as per Ind AS-7 "Statement of Cash flows prescribed under Companles (Indian Accounting Standard) Rules, 2015. {As per our report of even date attached For Bohara Bhandari Bung & Associates LLP Chartered Accountants Forand on behalf of the Board of Directors ae No.0081278 / $200013 ‘CA.Pankaj Kumar Bohara Vishnukant ¢ Bhutada fe Gurram Partner Director Managing Director MNo: 215471 DIN No.01243301, DIN No.06869882 Place/Camp : Raichur Date:12.06,2020 Place /Camp : Raichur Date:12.06.2020 (owe sony med srousig EE. Ras Tar ‘ase eee SSR TOT sevooer oxeua toy 7 oR a = “a croz/eorte | ozoreute ozorsors cd tev poe sassy pom aN nanos say pas (oarersasmren aieys pu ep segs does sens ue MsNOHE HY) (ent w_leptag eae eset sins uso sam Jonemssdea) "ve |” uo wo | **Ne" | souerea fose>foot<| ros |g, SHPO, | SHR loud feu saeronsea 2a satipyosensia) ose tee DAOLTEOTEWETE Dy Ly WATE BATE PAR an 2B Sravathi Advance Process Technologies Prt Ltd (Al amounts in Indian rupees, except share data and where otherwise stated) Property, Plant & Equipment ‘Grossi AccumuTated Netto csets sat sat Fixed A ‘Adaiions | Deletions | asat 31/09/2020] For theperiod | 44/05 2529 | 4/ns/saz0 Te co Te, ca coy “iitions dations [rangible Assets fo.owned 4) Generator 498727 : 498,727 1401 11401 487326 €) Air Condition 2 = : 2 a) Blectrical Installation 1309,128 1309128 40883, 40493, 12685535, 1b) Water Storage Tank : 3 2 _ Computer 3772613 : 3772613, 2ss2n. 2ssan 357,342 2) Furniture & Fittings 141725,569 ¢ 41725649 349,94 a4si96 | 1,13,76456 1) office Equipment 1366953 = 1366953 83297 83,297 1283.56 +) Polistion Contrel Equip, g : - ~ Lab Equipments-tocal 1,614,246 - 16114,246 326474 szsa7e| —157,07,772 1) Lab Equipments-import 30752,089 : 30752,089 Baer wer] 299,17378 2) Bie Extngutsher ~ . = 5) Plane ang Machinery : : : : ¥) Weigh Bridge : : : : 1) Xerox Machine : : : sland : : 2 : ‘Sub-Total AL CEST AOS, : 3539403 | 1900800. | 19,0040 | 63630565 Tntangible Assets Sub-Total z z : ‘SubTotal CSEIOMS, = 65550405 | 1900840 | —19,00,880. (Goodwin . {computer software . : Irechnical Know How : : lost Patents Fees Z ‘Sub-Total BY = = hess: Capitalized during the year . Sub-Total (ave) | 65859,805 = GSS 9A05 Hoos | THOR | —-EIEIBTS Right ofUse Assets ‘GrossBfod Aeeamulated WetBiodk Particulars Additions | Deletions | asat'31/03/2020 | For the period Asat asa letions 1038/2 onthe ps s1yos/200 | 31/03/2020 cs Te Te rs co TOT 93,9067 = 550A, 1825520 182590 7550500 93,90,462 = 35.90.4620 125.982 75.64.580 Sravathi Advance Process Technologies Pvt Ltd (all amounts in Indian rupees, except share data and where otherwise stated) 4 10 u Other Financial Assets Particulars: 31/03/2020 [Security Deposit (unsecured, considered good) i) Rental deposits 21,22,500 ii) Miscellaneous Deposits 2,12,500 TOTAL 23,35,000 Other Non- Curent Assets Particulars 31/03/2020 [Prepaid Expenses (PCB) 72,000 TOTAL 72,000 Cash and Cash Equivalents Particulars 31/03/2020 fa) Cash on hand 4466 |b) Balance with banks in current account 31,63,492 TOTAL 31,67,958 Other Current Assets Particulars 31/03/2020 a) Pre-Paid Expense 14,45,056 b) GST - Input (Net) 1,03,73,595 Jc) TDS deducted by Party 2364 Jd) Advance to Supplier of Capital Goods 958,464 TOTAL 127,79,479 Other Equity Particulars 3170372020 Retained Earnings (1,61,13,258) [Total (1,61,13,258)] Borrowings Particulars 31/03/2020 ja) 0.1% Non Cumulative, Non participating, compulsory Convertible| Pref. Share Capital 640,83,198 lb)Lease Liability 46,31,123, 6,87,14,321 Other Non-current liabilities Particulars: 31/03/2020 [b) Preference share application money pending allotment 50,00,000. 50,00,000) Firm . 0081278) 8-200013 gee) Sravathi Advance Process Technologies Pvt Ltd (all amounts in Indian rupees, except share data and where otherwise stated) Share Capital ‘Asat Particulars 31.03.2020 | Authorised share Capital Equity shares 110000000 Equity Share of Rs. 10/- each par 10,00,00,000 10,00,00,000 Issued subscribed & fully paid up lEquity shares 1100000 Equity Share of Rs. 10/- each par value 10,00,000 TOTAL 10,00,000 {a) Reconciliation of the number of shares, ‘As at 31,03,2020 Particulars tine 7028 [Shares outstanding at the beginning of the > . Equity Shares IShares issued during the year 1,00,000,00 10,00,000, Equity Shares [Shares outstanding at the end of the year 7,00,000 10,00,000 (b) Equity Shareholders holding more than 5% shares in the Company ‘As at 31.03.2020 Particulars Nos % of Holding 1) Shilpa Medicare Limited 65000} 65 l2) Dr. Kishan Gurram 17000 "7 1s) Dr. Ramanarayanan GV 9000 9 [t) Dr. Sivakumar Sreeramagiri 9000 9 Rights and Restri ‘The Company has issued Equity shares having face value of Rs.10/- per share. Each Share Holder is eligible for one vote per share. In case dividend is proposed by the Company it will be subject to the approval of the Board of Directors. In the event of liquidation, the equity share holders are eligible to receive balance assets remaining after repayment to all the preferential share capital holders, in the in proportion to their equity holding. Foot Wo 081278) $-200013 S.No Particulars Nos Issuedate Cutoffdate Days WANES 1 Equity shares 10000 01/04/2019 31/03/2020 366 10000 2 Issued during the year 90000 22/06/2019 31/03/2020 284 69836 79836 The weighted average of outstanding shares isa calculation that incorporates any changes in the amount of outstanding shares over a reporting period. Itis an important number, as itis used to calculate key financial measures, such as earnings per share (EPS), for the time period, Sravathi Advance Process Technologies Pvt Ltd (all amounts in Indian rupees, except share data and where otherwise stated) 12 13 14 15 16 17 18 19 Long Term Provisions Particulars 31/03/2020 fa) Provision for Gratuity 5,39,095 TOTAL 5,39,095| Deferred Taxes (Net) Particulars 31/03/2020 la) Deferred Tax Liability 59,21,744 |b) Deferred Tax Asset 54,79,085, TOTAL. 442,659) ‘Trade Payables Particulars 31/03/2020 fa) Total outstanding dues of creditors other than micro enterprises and small enterprises 12,272 |b) Trade Payables -others 20,91,450 TOTAL 21,03,722| Other Financial Liabilities Particulars: 31/03/2020 fa) Creditors for Capital Goods 52,36,057 Ib) Lease Liabilit 27,19,773 79,55,830 Other Current Liabilities Particulars: 31/03/2020 la) Tax deduction at Source 17,27,468 [b) GST & Professional Tax payable 4,400 |c) Employee Benefit Liability 13,20,188 TOTAL 30,52,056 Short Term Provisions Particulars 31/03/2020 fa) Provision For Audit Fee 43,200 lb) Provision For Expenses 62,109 lc) Provident Fund 2,30,603 \d) Provision for Gratuity 1,849 TOTAL 337,761 Other Income Particulars 31/03/2020 [a) Notional Interest on Security Deposit 1,19,786 TOTAL 1,19,786) Employee Benefits Expense Particulars 31/03/2020 la) Salaries & Wages 88,72,955 1b) Contribution To Provident Fund/ Other Fund 450,858 c) Staff Welfare Expenses 1,64,602 540,944 TOTAL 7,00,29,359 081276) 8.200013 As eo) Sravathi Advance Process Technologies Pvt Ltd (all amounts in Indian rupees, except share data and where otherwise stated) 20 Finance Cost Particulars 31/03/2020 fa) Interest on Leases Liability 4,75,720 lb) Interest on Pref Share liability 21,67.065, TOTAL 26,42,785 Sravathi Advance Process Technologies Pvt Ltd {all amounts in Indian rupees, except share data and where otherwise stated) 21 Other expenses Particulars 31/03/2020 la) Power And Fuel 242,921 Ib) Repairs & Maintenance = ‘Buildings : {i)Machinery 27,249 4) Others 468,338 jc) Rent 60,900 d) Traveling And Conveyance 88,518 e) Auditor Fees (Refer Note No.21) 48,000 f) Research & Development Expenses 5,75,452 |g) Transportation Charges 12,490 Ih) Exchange Fluctuation 23,980 i) Bank Charges 7856 i) Professional & Consultancy 12,85,980 lk) Rates & Taxes 10,52,134 I Miscellaneous Exp 981,684 Im)Printing and Stationery 74,488 TOTAL 49,49,989 22 Payment to Statutory Auditors * Particulars 31/03/2020 fa) Statutory Audit 45,000 b} Certification 3,000 TOTAL 48,000 guney Firm ROY, No, o08tZ78/ Coy Hro'0v's wes0v's (re'o¥'s) Kvve'ov's) ‘wveOn's ‘yr6'0v's we'0r's 309 aoa yuNDoy 1 F d Hy UF pastudooay sasuadxy (4}} ays aouejeg axp ut paztuBoo9u (AamaerT) /r9ssV 39N] s9ss01/(surep) rerrempe pastuoa.au} smeng papung #u1s0/9 sassy wejg Jo ones sey S501 ‘fd Buisor) sassy] lueta am Jo onyea sed oun pure uonetirqo axp Jo anyea quasasg Jo uoneHPuoDay (1! 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Dr. Ramanarayanan GV 3 Dr.Sivakular Sreeramagiri Si | Name ofrelated Party Relationship] Descriptions of Transaction 31.03.2020 1 |sniipa Medicare Limited jv Parmer {0.1% Non Cumulative, Non-participatable| Convertible Pref. Share Capital 8,40,00,000 Preferential Share application Money 50,00,000 Equity shares issued 6,50,000 2. |pr. Kishan Gurram KMP Remuneration 75,79;333 ITravelling Expense Reimbursement 33,926 Equity shares issued 170,000 3 |Dr.RamanarayananGV VPartner {Remuneration 37,89,67 Irraveling Expense Reimbursement 13,502 [Equity shares issued 90,000 4 |Dr.sivakularSreeramagiri {jv Partner [Remuneration 37,89,667 htravelling Expense Reimbursement 30,969 [Equity shares issued 90,000 pre) ozoz'90'7r:aea “anuaqey 29814 28869890 "ON NIG T6EEYZTON NIG sopong Suigeuey, sopauig pete epeamia 9 weMNSIA Cora up —F=sey ‘s1019011( 40 pzeod JosTeHIG Uo pue so ozozeozr7a, €10002-s \x' AMYHEY 990g /siz1g00 On ubay wing LersrzoNn ‘sae ae, ecg TTS (€10002-S/SL2T800'0N Usay 5,1 iy Surenmony pase ATI savepossy puy Sung Lepueyg exeYoR 10} ‘paypene avep waa yo uiodas ino sod sy “6107 Z0"8z Uo paresodioo sem Aueduroy axp aouIs OZOZ'EOTE M 610Z"ZO'RZ WOY paredaid uODq aAeY AuEduIOD axp Jo SaWArEYS jeDUEUY a, er] Se paytssep pur seak J oy 1eaA ¢ wos} 9q [ENS axes doUaIOFO44 Jo aun 944, %TO'0 JO aes HodNOD e AuseD [TeYS axes soUaLJ21 Inby SoxeYs aouai94o14 AedIONAeg-UON aanEIMUIN)-UON argrIAAUO} Aios|ndwo) OOO'OK'S,Jo SsePD auO Sey AUEduIOD aq, -sonpoud jpopnazeuLiey Jo ajes pue aany2ejnueUt 24 yuotas suo Atuo s}auDWisas o}qeriodax arp APUIpIO0Iy “suuouias Sunesado Jo soueutiopiod arp Huyssasse pur samosas Suneoo|fe 10} a[qjsuodsaa axe ayy, sAoyeW worstoaq Sunezado joryy xp ‘ae oym ‘suowautp jo pseog atp 0 papfaoud Suniodau feusow xn tptm qwaysisuo> JouueW vu payodas ua9q aAey siwoWB9s Bunes—d aN, -paureuisose aq youues pe snp sepun aygeéed / pred ysoxow tay so1po80) pus swaé op e se pledun qunowe oy Jupejay sasnsopssip aouay pue 9007 ov aUdo|aAIG sosuidiaug wmpay pur yews ‘oxy yp s9pun smaeys srayp BuspseBan ,ssayfddng, ws wonewnut Aue pagjooo1 you sey kuedwo ou, “‘wonewyuoy soueqeg 01 109/qns axe susodeq pue sfumossog way Suoy / sajgeded apes, / sayqearoooy apes, Jo saoueTeR “paneys 5131 rym e juNOWe oip Woy waL9ysp 204 St Yor SsoUISNG Jo asinoo Areurpso up Uy onjea ajqestfead © 2Aey ‘sIUSUASOAUT JUOLIND WOU pUE STOSSE PAXY LEIA J9\RO SIOSSe [fe ‘Pueog axp Jo UoIUIdo axB Uy [(eatoz) or 9E8'6L (gsz'er'19'1) Sada PANTO BCH] anyeA a>eg| sozeys &nbg Jo on aifezaay panyroga| 0x) Jaye aod 19H) (0z0z/£0/tE seponied ‘aueng 104 HanTeT oe se ee ze of 6

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