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Standalone Financial Statements for period 01/04/2014 to 31/03/2015
[400100] Disclosure of general information about company

Unless otherwise specified, all monetary values are in INR
01/04/2014
to
31/03/2015
Corporate identity number
Permanent account number of entity
U24111MH1989PTC050367
AADCS5166R
607
/
608,
INIZIO,
CARDINAL
GRACIOUS
ROAD,
,
CHAKALA,
ANDHERI
(EAST),
,
Mumbai
,
MAHARASHTRA
,
INDIA
400099
Commercial
and
Industrial
02/09/2015
01/04/2014
31/03/2015
Standalone
Financial Statements
INR
Actual
Indirect Method
Address of registered office of company
Type of industry
Date of board meeting when final accounts were approved
Date of start of reporting period
Date of end of reporting period
Nature of report standalone consolidated
Content of report
Description of presentation currency
Level of rounding used in financial statements
Type of cash flow statement
01/04/2013
to
31/03/2014
01/04/2013
31/03/2014
Disclosure of principal product or services [Table]
..(1)

Types of principal product or services [Axis]
01/04/2014
to
31/03/2015
Disclosure of general information about company [Abstract]
Disclosure of principal product or services [Abstract]
Disclosure of principal product or services [LineItems]
Product or service category (ITC 4 digit) code
Description of product or service category
Turnover of product or service category
Highest turnover contributing product or service (ITC 8 digit) code
Description of product or service
Turnover of highest contributing product or service
9961
WHOLESALE
TRADE SERVICES
126,05,14,902
99612710
Basic
industrial
chemicals
and
synthetic resins
9,96,12,710
null Standalone Financial Statements for period 01/04/2014 to 31/03/2015
[400400] Disclosures - Directors report

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

Material contracts/arrangements/transactions at arm's length basis [Axis]
01
01/04/2014
to
31/03/2015
ABN Impex Private
Limited
Enterprises which
are owned, or have
significant influence
of or are partners
with
Key
management
personnel and their
relatives
Name of related party
Description of nature of related party relationship
Details of material contracts/arrangements/transactions at arm's length basis [Abstract]

Details of material contracts/arrangements/transactions at arm's length basis [LineItems]
Description of nature of material contracts/arrangements/transactions with related party

Duration of material contracts/arrangements/transactions with related party
Dates of approval of material contracts/arrangements/transactions with related party by board
ABN Impex Private

Limited
Enterprises which
are owned, or have
significant influence
of or are partners
with
Key
management
personnel and their
relatives
Sale and Purchase of
Rubber, Chemicals,
Carbon and other
allied products.
01.04.2014
to
31.03.2015
20/08/2012
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]
01
01/04/2014
to
31/03/2015
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
N.A.
Details of contracts/arrangements/transactions not at arm's length basis [Table]
..(1)

Contracts/arrangements/transactions not at arm's length basis [Axis]
01
01/04/2014
to
31/03/2015
Details of contracts/arrangements/transactions not at arm's length basis [Abstract]
Details of contracts/arrangements/transactions not at arm's length basis [LineItems]
Not Applicable
Not Applicable
Details of directors signing board report [Table]
..(1)

Directors signing board report [Axis]
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
Middle name of director
Last name of director
Designation of director
Director identification number of director
Date of signing board report
01/04/2014
to
31/03/2015
01/04/2014
to
31/03/2015
Samir
Mansukhlal
Vora
Whole-time director
00204005
02/09/2015
Bhupesh
Mansukhlal
Vora
Whole-time director
00204058
02/09/2015

01/04/2014
to
31/03/2015
Textual
information
(1)
[See below]
Textual
information
(2)
[See below]
Your
Board
of
Directors
has
not
appropriated
and
transferred
any
amount
out
of
profit
of
the
Company
to
general
reserves
during
the
year
under report.
Textual
information
(3)
[See below]
Textual
information
(4)
[See below]
Textual
information
(5)
[See below]
Textual
information
(6)
[See below]
Textual
information
(7)
[See below]
Textual
information
(8)
[See below]
Textual
information
(9)
[See below]
Textual
information
(10)
[See below]
Disclosure in board of directors report explanatory [TextBlock]

Description of state of companies affair
Disclosure relating to amounts if any which is proposed to carry to any

reserves
Disclosures relating to amount recommended to be paid as dividend

Details regarding energy conservation
Details regarding technology absorption
Details regarding foreign exchange earnings and outgo
Disclosures in directors responsibility statement
Details of material changes and commitment occurred during period
affecting financial position of company
Particulars of loans guarantee investment under section 186 [TextBlock]
Particulars of contracts/arrangements with related parties under section
188(1) [TextBlock]
Disclosure of extract of annual return as provided under section 92(3)
[TextBlock]
Textual
information
[See below]
(11)
Disclosure of statement on declaration given by independent directors

under section 149(6) [TextBlock]
Disclosure for companies covered under section 178(1) on

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

management policy [TextBlock]
The
Company
has
not
formulated
any
Risk
Management Policy as the
Board
felt
that
the
elements
of
risk
threatening
the
Companys
existence
are
very
minimal.
Details on policy development and implementation by company on

corporate social responsibility initiatives taken during year
[TextBlock]
Disclosure as per rule 8(5) of companies accounts rules 2014 [TextBlock]
Textual
information
[See below]
(12)
Disclosure of financial summary or highlights [TextBlock]
Textual
information
[See below]
(13)
Disclosure of change in nature of business [TextBlock]
Details of directors or key managerial personnels who were

appointed or have resigned during year [TextBlock]
The
Board
of
Directors
is
duly
constituted.
There
has
been no change in the
composition of the Board
of
Directors
of
the
Company during the year
under review.
Disclosure of companies which have become or ceased to be its

subsidiaries, joint ventures or associate companies during
year [TextBlock]
Details relating to deposits covered under chapter v of companies act
[TextBlock]
Textual
information
[See below]
Details of deposits which are not in compliance with requirements

of chapter v of act [TextBlock]
(14)
Details of significant and material orders passed by

regulators or courts or tribunals impacting going concern
status and companys operations in future [TextBlock]
Details regarding adequacy of internal financial controls with
reference to financial statements [TextBlock]
Disclosure of appointment and remuneration of managerial personnels
[TextBlock]
Textual
information
[See below]
(15)
Textual
information
[See below]
(16)
Number of meetings of board
[pure] 0
Textual information (1)

Disclosure in board of directors report explanatory [Text Block]
SHARE CAPITAL OF THE COMPANY:
The Authorised Share Capital of the company is Rs.50,000,000/- (Rupees Five Crores Only) divided into 3,500,000 (Thirty Five Lacs) Equity
shares of Rs.10/- aggregating to Rs.35,000,000/- (Rupees Three Crores Fifty Lacs Only) and 1,500,000 (Fifteen Lacs) Preference Shares of
Rs.10/- (Rupees Ten Only ) each aggregating to Rs.15,000,000/- (Rupees One Crore Fifty Lacs Only).
Further, the paid up share capital of the Company is Rs.10,801,000/- (Rupees One Crore Eight Lacs One Thousand only) divided into 1,080,100
(Ten Lacs Eighty Thousand One Hundred) Equity Shares of Rs.10/- (Rupees Ten only) each.
MEETINGS OF THE BOARD:
The Board meets at regular intervals to discuss and decide on Company / business policy and strategy apart from other Board business.
The Board met 7 (Seven) times during the year, the intervening gap between the two consecutive meetings was within the period prescribed under
the Companies Act, 2013.
AUDITORS:
M/s. Vinod Kumar Jain & Co., Chartered Accountants (having Firm Registration No: 111513W) Mumbai, were appointed as Statutory Auditors
of the Company at the previous Annual General Meeting of the Company held on 30th September, 2014 for a period of five years, subject to
ratification of appointment by members at the every Annual General Meeting of the Company. Therefore, ratification for the appointment of
Statutory Auditors is being sought from the members at the ensuing Annual General Meeting of the Company.
The Company has received a certificate from the above Auditors to the effect that, if they are re-appointed, it would be in accordance with the
provisions of Section 141 of the Companies Act 2013. The Board recommend for their appointment at the ensuing Annual General Meeting of the
Company.
EXPLANATION OR COMMENTS ON QUALIFICATIONS, RESERVATIONS OR ADVERSE REMARKS MADE BY THE AUDITORS IN
THEIR REPORT:
There were no adverse remarks made by the auditors of the Company in their report for the financial year under review.
SUBSIDIARIES, JOINT VENTURES AND ASSOCIATE COMPANIES:
The Company does not have any Subsidiaries, Joint Ventures and Associate Company (s) during the year under review.
ACKNOWLEDGEMENT:
Your Directors would like to express their sincere appreciation for the assistance and co-operation received from the financial institutions, banks,
Government authorities, customers, vendors and members during the year under review. Your Directors also wish to place on record their deep
sense of appreciation for the committed services by the Companys executive-s, staff and workers.

Description of state of companies affair
During the year under review, the Company has registered a total revenue of Rs.1,272,201,626/- as compared to revenue of Rs.1,265,647,620/- in
the previous financial year. After providing for expenses, depreciation & amortization expenses and taxes, the net profit of the company stood at
Rs.15,177,287/- as compared to the net profit of Rs.29,224,049/- in the previous financial year. Due to change in the market scenario, uncertain
political situations and competition in the market, the net profit of the company has dropped down by 51.93%.

Disclosures relating to amount recommended to be paid as dividend
In order to consider the Capital expansion plans along with requirement of working capital funds, the Board do not recommend for declaration of
any dividend for the financial year ended as on 31st March, 2015.

Details regarding energy conservation
The Particulars as pursuant to the provisions of Section 134(3)(m) of the Companies Act, 2013 with respect to conservation of energy, technology
absorption, etc. are not given as the same is not applicable to the Company.

Details regarding technology absorption
The Particulars as pursuant to the provisions of Section 134(3)(m) of the Companies Act, 2013 with respect to conservation of energy, technology
absorption, etc. are not given as the same is not applicable to the Company.

Details regarding foreign exchange earnings and outgo
Particular Current Year 2014-15(Amt. in Rs.) Previous Year 2013-14 Earning in foreign exchange51,306,39349,309,763 Expenditure in foreign
exchange 406,04450,638 Value of imports calculated on CIF basis416,815,847572,046,202

Disclosures in directors responsibility statement
Your Directors, to the best of their knowledge and belief and according to the information and explanations obtained by them and as required
under Section 134(3)(c) of the Companies Act, 2013 state that: (a) in the preparation of the annual accounts, the applicable accounting standards
had been followed along with proper explanation relating to material departures; (b) the directors had selected such accounting policies and
applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of
affairs of the company at the end of the financial year and of the profit of the company for that period; (c) the directors had taken proper and
sufficient care for the maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of the
company and for preventing and detecting fraud and other irregularities; (d) the directors had prepared the annual accounts on a going concern
basis; and (e) the directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were
adequate and operating effectively.

Details of material changes and commitment occurred during period affecting financial position of company
There have been no material changes and commitments, affecting the financial position of the Company which have occurred between the end of
the financial year of the Company to which the financial statements relate and the date of the report.

Particulars of loans guarantee investment under section 186 [Text Block]
The Company has not given any loans or guarantees covered under the provisions of Section 186 of the Companies Act, 2013.
During the year under review, the Company has not made any investment in securities. The details of investments made by the Company are
given in the Notes to accounts forming part of the financial statements of the Company for the financial year ended as on 31st March, 2015.

Particulars of contracts/arrangements with related parties under section 188(1) [Text Block]
The particulars of contracts or arrangements with related parties referred to in Section 188(1) are disclosed in Form AOC-2 as prescribed under
Companies (Accounts) Rules, 2014 and the same is appended herewith and marked as Annexure II.
AOC 2
ANNEXURE TO DIRECTORS REPORT
Form for disclosure of Particulars of Contracts or Arrangements with Related Parties referred to in Section 188(1) of the Companies Act, 2013:
A)
Details of contracts or arrangements or transactions not at arm's length basis:
Name(s) of the
related party and
Sr. nature of
No. relationship
Nature of
contracts /
arrangements /
transactions
Duration of the
contracts /
arrangements /
transactions
Justification for entering

Salient terms of the contracts
into such contract /
or arrangements or transactions
arrangement or
including the value, if any
transaction
Amount
paid in
advance, if
any
Date of
approval
by the
board
N.A.
B)
Details of contracts or arrangements or transactions at arm's length basis:
Name(s) of the
related party and
Sr. nature of
No. relationship
Nature of contracts /
arrangements / transactions
Duration of the
contracts /
arrangements /
transactions
Sale and Purchase of Rubber,

ABN Impex Private
01.04.2014 to
Chemicals, Carbon and other
Limited
31.03.2015
allied products.
Salient terms of the contracts or

arrangements or transactions including
the value, if any
Amount
paid in
advance, if
any
Date of
approval
by the
board
Sale and Purchase of Rubber,

Chemicals, Carbon and other allied
products amounted to Rs.7,041,542/-
20.08.2012

Disclosure of extract of annual return as provided under section 92(3) [Text Block]
FORM NO. MGT 9
EXTRACT OF ANNUAL RETURN
As on financial year ended on 31st March, 2015
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:
CIN
U24111MH1989PTC050367
Registration Date
16/01/1989
Name of the Company
FLEXILIS PRIVATE LIMITED
Category/Sub-category of the Company
Company Limited by Shares
Address of the Registered office & contact details
607 / 608, Inizio, Cardinal Gracious Road, Chakala, Andheri (E),

Mumbai-400099.
Whether listed company
No
Name, Address & contact details of the Registrar & Transfer Agent,
Not Applicable
if any.
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 Product/service

Sr. No. Name and Description of main products / services
% to total turnover of the company
Wholesale of waste and scrap and other products n.e.c.
III.
PARTICULARS OF HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES
Sl.
No.
4669
Name &
Address
of the
/ GLN
company
100
None
VI.
SHARE HOLDING PATTERN (Equity Share Capital Breakup as percentage of Total Equity)
Category-wise Share Holding
Category of
Shareholders
No. of Shares held at

the beginning of the
year
No. of Shares
held at the end
of the year
% of
Total Demat
Shares
%
Change
Physical Total
during
% of
Total the
Shares year
Demat
Physical Total
a) Individual/ HUF
1,080,100 1,080,100 100
1,080,100 1,080,100 100
b) Central Govt
c) State Govt(s)
d) Bodies Corp.
e) Banks / FI
f) Any other
Sub Total (A)(1):-
1,080,100 1,080,100 100
1,080,100 1,080,100 100
a) NRIs Individuals
b)Other- individual
c) Bodies Corp.
d) Banks / FI
e) Any other
A. Promoters
(1) Indian
(2) Foreign
10
Sub-total (A)(2):-
Total shareholding of Promoter

(A)=(A)(1)+(A)(2)
a) Mutual Funds
1,080,100 1,080,100 100
1,080,100 1,080,100 100
b) Banks / FI
c) Central Govt
d) State Govt(s)
e) Venture Capital Funds
f) Insurance Companies
g) FIIs
h) Foreign Venture Capital Funds
i) Others (specify)
Sub-total (B)(1):-
i) Indian
ii) Overseas
b) Individuals
i) Individual shareholders holding

nominal share capital up to Rs. 1 lakh
B. Public Shareholding
1. Institutions
2. Non-Institutions
a) Bodies Corp.
ii) Individual shareholders holding

nominal share capital in excess of Rs -
11
1 lakh
c) Others (specify)
Sub-total (B)(2)
Total Public Shareholding

(B)=(B)(1)+ (B)(2)
C. Shares held by Custodian for

GDRs & ADRs
Grand Total (A+B+C)
1,080,100 1,080,100 100
1,080,100 1,080,100 100
ii) Shareholding of Promoter-
SN
Shareholding at
Shareholders
the beginning of
Name
the year
No. of Shares
Shareholding
at the end of
the year
% change in
shareholding
during the year
% of total
%of Shares Pledged
% of total
%of Shares Pledged
Shares of the / encumbered to total No. of Shares Shares of the / encumbered to total
company
shares
company
shares
Mansukhlal
7,100
D. Vora
0.68
7,100
0.68
Samir M.
Vora
477,500
44.21
477,500
44.21
Bhupesh M.
527,500
Vora
48.84
527,500
48.84
Sushila M.
Vora
0.56
6,000
0.56
Swati Samir
56,000
Vora
5.18
56,000
5.18
Neeta B.
Vora
0.56
6,000
0.56
6,000
6,000
iii) Change in Promoters Shareholding (please specify, if there is no change)
SN
Shareholding at the
beginning of the
year
Particulars
Cumulative
Shareholding
during the year
% of
12
% of total
No. of
shares shares of the
total
No. of shares
shares of
the
company
company
At the beginning of the year
1,080,100
Date wise Increase / Decrease in Promoters Shareholding during the year

specifying the reasons for increase / decrease (e.g. allotment /transfer / bonus/
sweat equity etc.):
At the end of the year
100
1,080,100
100
100
1,080,100
100
No change during
the year
1,080,100
(iv) Shareholding Pattern of top ten Shareholders

(Other than Directors, Promoters and Holders of GDRs and ADRs):
For Each of the Top 10
Shareholding at the
beginning of the
year
N Shareholders
No. of shares
1 At the beginning of the year
NIL
Date wise Increase / Decrease in shareholding during the year specifying the
2 reasons for increase /decrease (e.g. allotment / transfer / bonus/ sweat equity
etc.):
NIL
3 At the end of the year
NIL
Cumulative
Shareholding
during the year
% of
total
% of
total
shares of No. of shares

the
shares of
the
company
company
(v) Shareholding of Directors and Key Managerial Personnel:
Shareholding of each Directors

and each Key
Shareholding at the beginning

of the year
Changes during the

year
Shareholding at the end

of the year
% of
total
N Managerial Personnel
No. of shares
shares of Date
the
company
13
% of total
Reason
No. of shares
shares of the
Company
1 Mansukhlal D. Vora
7,100
0.68
2 Samir M. Vora
477,500
44.21
Nil movement during

477,500
the year
44.21
3 Bhupesh M. Vora
527,500
48.84
Nil movement during

527,500
the year
48.84
4 Sushila M. Vora
6,000
0.56
Nil movement during

6,000
the year
0.56
5 Swati Samir Vora
56,000
5.18
Nil movement during

56,000
the year
5.18
6 Neeta B. Vora
6,000
0.56
Nil movement during

6,000
the year
0.56
VI.
Nil movement during 7,100

the year
0.68
INDEBTEDNESS :
Indebtedness of the Company including interest outstanding/accrued but not due for payment.
Secured Loans excluding

deposits
Unsecured
Loans
56,318,345.67
54,287,443
Deposits
Total
Indebtedness
Indebtedness at the beginning of the financial

year
i) Principal Amount
110,605,788.7
ii) Interest due but not paid
iii) Interest accrued but not due
Total (i+ii+iii)
56,318,345.67
54,287,443
110,605,788.7
Change in Indebtedness during the financial year
* Addition
8,775,180,691
63,665,414
8,838,846,105
* Reduction
8,791,343,101
117,952,857
8,909,295,958
Net Change
40,155,935.65
40,155,935.65
Indebtedness at the end of the financial year
14
i) Principal Amount
ii) Interest due but not paid
iii) Interest accrued but not due
Total (i+ii+iii)
VII.
A.
40,155,935.65
40,155,935.65
REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNELRemuneration to Director, Managing Director, Whole-time Directors and/or Manager:
Sr. No.
Particulars of
Remuneration
Name of Director,
MD/WTD/ Manager
Total Amount
Bhupesh M. Vora
Samir M.
Vora
Rs.1,800,000/- Rs.21,000,000/-
Nisarg Vora
Gross salary
(a) Salary as per provisions contained in section

17(1) of the Income-tax Act, 1961
Rs.9,600,000/-
Rs.9,600,000/-
(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
Stock Option
Sweat Equity
Commission
- as % of profit
- others, specify
4
Others, please
specify
5
Total (A)
15
Rs.9,600,000/-
B.
Remuneration to other Directors: NIL
C.
Remuneration to Key Managerial Personnel other than MD/ Manager/ WTD: NIL
VIII.
Rs.9,600,000/- Rs.1,800,000/- Rs.21,000,000/-
PENALTIES / PUNISHMENT/ COMPOUNDING OF OFFENCES: None

Details on policy development and implementation by company on corporate social responsibility initiatives taken
during year [Text Block]
As the Company is not having net worth of Rupees Five Hundred Crores or more, or turnover of Rupees One Thousand Crores or more or a net
profit of Rupees Five Crores or more during any 3 preceding financial years, the Company is not required to comply with the provisions of
Section 135 of the Companies Act, 2013 (the Act) and rules framed thereunder with regard to the formation of CSR Committee and undertaking
of Social activities as provided under Schedule VII of the Act.
16

Disclosure of financial summary or highlights [Text Block]
The performance of the Company for the financial year ended as on 31st March, 2015 is summarized as below:
(Amount in Rs.)
Current Year ended as on
Previous Year ended as on
31st March, 2015
31st March, 2014
Revenue from Operations
1,262,700,694
1,251,318,427
Other Income
9,500,932
14,329,193
Total revenue (Net)
1,272,201,626
1,265,647,620
46,139,071
60,384,609
13,956,602
14,595,559
9,975,519
4,944,157
22,206,950
40,844,893
11,042,870
10,061,555
(4,624,288)
1,531,489
589,183
27,800
21,898
15,177,287
29,224,049
Particulars
Profit before Finance Cost, Depreciation &

Amortization expenses and tax
Less: Finance Cost
Depreciation and Amortization expenses
Profit before tax
(Add )/Less: Tax Expenses:

1.
Current Tax
2.
Deferred Tax
3.
Short Provision for tax adjustment in respect of earlier years (Net)
4.
Wealth Tax
Profit for the year
17

Details relating to deposits covered under chapter v of companies act [Text Block]
During the year under review, the Company has not accepted any deposits within the meaning of Section 73 and 76 of the Companies Act, 2013
read with Companies (Acceptance of Deposits) Rules, 2014.

Details of significant and material orders passed by regulators or courts or tribunals impacting going concern status
and companys operations in future [Text Block]
The Directors report that during the year under review, no significant and material order has been passed by any regulators or courts or tribunals
impacting the going concern status and Companys operations in future.

Details regarding adequacy of internal financial controls with reference to financial statements [Text Block]
a) Your Directors hereby report that, your Company has maintained adequate internal controls commensurate with its size and its nature of the
operation. There are suitable monitoring procedures in place to provide reasonable assurance for accuracy and timely reporting of the financial
information and compliance with the statutory requirements. There are proper policies, guidelines and delegation of powers issued for the
compliance of the same across the Company.
b) For the purpose of ensuring accuracy in the preparation of the financials, your company has implemented various checks and balances like
periodic reconciliation of major accounts, review of accounts, obtaining confirmation of various balances and proper approval mechanism.
c) Your Company has documented all major processes in the area of expenses, bank transactions, payments, statutory compliances and period
end financial accounting process. Your Company is continuously putting its efforts to align the processes and controls with the best practices in
the industry.
18
[400200] Disclosures - Auditors report

Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Table]
..(1)

Auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Axis]
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in

auditors' report [Abstract]
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in
auditors' report [LineItems]
Disclosure in auditors report relating to fixed assets
Disclosure relating to quantitative details of fixed assets
Disclosure relating to physical verification and material discrepancies of fixed

assets
Disclosure in auditors report relating to inventories
Disclosure of physical verification of inventories at fixed intervals
Disclosure of procedure followed for physical verification of inventories

Disclosure about maintenance of inventory records and material discrepancies
Disclosure in auditors report relating to loans
Auditor's
favourable remark
[Member]
Clause not
applicable
[Member]
01/04/2014
to
31/03/2015
01/04/2014
to
31/03/2015
Yes
The Company has
maintained proper
records showing full
particulars including
quantitative details
and situation of
Fixed Assets.
Textual information
(17) [See below]
Yes
The inventory has
been
physically
verified during the
year
by
the
management. In our
opinion,
the
frequency
of
verification
is
reasonable.
Textual information
(18) [See below]
Textual information
(19) [See below]
Yes
The company has
not granted any such
loans accordingly
not applicable
not applicable
Disclosure about loans granted to parties covered under section 189 of companies
act
Disclosure regarding receipt of loans granted
Disclosure regarding terms of recovery of loans granted
Textual information
(20) [See below]
Textual information
(21) [See below]
Textual information
(22) [See below]
Disclosure in auditors report relating to internal control system

Disclosure in auditors report relating to deposits accepted
Disclosure in auditors report relating to maintenance of cost records
Disclosure in auditors report relating to statutory dues [TextBlock]
Yes
Disclosure relating to regularity in payment of undisputed statutory dues

[TextBlock]
Disclosure relating to disputed statutory dues [TextBlock]
Disclosure relating to amount required to be transferred to investor education
and protection fund
Disclosure in auditors report relating to accumulated losses
Disclosure in auditors report relating to default in repayment of financial dues
19
Textual information
(23) [See below]
Textual information
(24) [See below]
Textual information
(25) [See below]
Textual information
(26) [See below]
In our opinion and
according to the
information
and
explanations given
to us, the Company
has not defaulted in
the repayment of
dues to banks,
financial institution
or debenture holders.
Disclosure in auditors report relating to guarantee given
Disclosure in auditors report relating to term loans used for purpose other than
for purpose they were raised
Disclosure in auditors report relating to any material fraud reported during period
In our opinion and

according
to
information
and
explanations given
to us, the Company
has not given any
guarantees for loans
taken by others from
banks or financial
institutions.
In our opinion and
according
to
information
and
explanations given
to us, theterm loans
have been applied
for the purpose for
which the loans were
obtained.
To the best of our
knowledge
and
according
to
information
and
explanations given
to us, no material
fraud on or by the
company has been
noticed or reported
during thecourse of
audit.
Details regarding auditors [Table]
..(1)

Auditors [Axis]
01/04/2014
to
31/03/2015
Details regarding auditors [Abstract]
Details regarding auditors [LineItems]
Category of auditor
Individual
Vinod Kumar Jain &
Co
Jain Vinod Kumar
111513W
36373
205, Apollo Arcade,
R. K. Singh Marg,
Off Old Nagardas
RoadAndheri (East),
AAEPJ7471N
S34568204
02/09/2015
02/09/2015
Name of audit firm

Name of auditor signing report
Firms registration number of audit firm
Membership number of auditor
Address of auditors
Permanent account number of auditor or auditor's firm
SRN of form ADT-1
Date of signing audit report by auditors
Date of signing of balance sheet by auditors

01/04/2014
to
31/03/2015
Textual
information
[See below]
Yes
Disclosure in auditors report explanatory [TextBlock]

Whether companies auditors report order is applicable on company
Whether auditors' report has been qualified or has any reservations or
contains adverse remarks
(27)
No

Disclosure relating to physical verification and material discrepancies of fixed assets
The Fixed assets were been physically verified by the management during the year and in our opinion the frequency of verification is reasonable
having regard to the size of the company and the nature of its assets. No material discrepancies were noticed on such verification.
20

Disclosure of procedure followed for physical verification of inventories
In our opinion and according to information and explanation given to us, the procedures of physical verification of inventories followed by the
management are reasonable and adequate in relation to the size of the company and the nature of its business.

Disclosure about maintenance of inventory records and material discrepancies
In our opinion and according to information and explanation given to us, the company is maintaining proper records of inventory. The
discrepancies noticed on verification between the physical stocks and the book records were not material having regard to the size of the
operations of the Company and have been properly dealt with in the books of accounts.

Disclosure in auditors report relating to internal control system
In our opinion and according to the information and explanations given to us, there are adequate internal control systems commensurate with the
size of the Company and nature of its business with regard to purchases of inventory, fixed assets and with regard to the sale of goods and
services. During the course of our audit, we have not observed any major weakness in such internal control system.

Disclosure in auditors report relating to deposits accepted
In our opinion and according to the information and explanations given to us, the company has not accepted deposit within the meaning of the
provisions of sections 73 to 76 or any other relevant provisions of the Co. Act, 2013 and the Companies (Acceptance of Deposits) Rules, framed
there under. According to the information and explanations given to us no order has been passed by the Company Law Board, or National
Company Law Tribunal or Reserve bank of India or any court or any other tribunal.

Disclosure in auditors report relating to maintenance of cost records
We have broadly reviewed the books of account maintained by the company pursuant to the rules made by Central Government prescribing the
maintenance of cost records under section 148(1) of the Companies Act, 2013. We are of the opinion that prima facie the prescribed accounts and
records have been made and maintained. We have not, however, made a detailed examination of the same with a view to determining whether
they are accurate.

Disclosure relating to regularity in payment of undisputed statutory dues [Text Block]
(i) The Company has generally been regular in depositing with the appropriate authorities undisputed statutory dues including Provident Fund,
investor education and protection fund, Employees state insurance, income-tax, sales tax, Wealth tax, custom duty, excise duty, service tax, value
added tax,cess and other material statutory dues applicable to it.
(ii) There were no undisputed amounts payable in respect of sales tax, income tax, customs duty, wealth tax, service tax, value added tax and
other material statutory dues applicable to the Company that were in arrears as at March 31st 2015 for a period of more than six months from the
date they became payable.
21

Disclosure relating to disputed statutory dues [Text Block]
There are no dues in respect of sales tax, income tax, customs duty, wealth tax, service tax, excise duty, value added tax,cess and other material
statutory dues that have not been deposited on account of any dispute.

Disclosure relating to amount required to be transferred to investor education and protection fund
There has not been any occasion in case of the company during the year under report to transfer any sums to the Investor Education and
Protection Fund. The question of reporting delay in transferring such sums does not arise.

Disclosure in auditors report relating to accumulated losses
The Company does not have any accumulated losses at the end of the financial year and it has not incurred cash losses during the financial year
covered by our audit and in the immediately preceding financial year.
22

Disclosure in auditors report explanatory [Text Block]
REPORT OF INDEPENDENT AUDITORS TO THE MEMBERS OF
FLEXILIS PRIVATELIMITED
Report on the Financial Statements
We have audited the accompanying financial statements of FlexilisPrivate Limited (the Company) which comprise the balance sheet as at 31
March 2015, the statement of profit and loss and the cash flow statement for the year then ended and a summary of significant accounting policies
and other explanatory information.
Managements Responsibility
The Companys Board of Directors is responsible for the matters 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, read with Rule 7 of the Companies (Accounts) Rules, 2014. This responsibility also includes the maintenance of adequate
accounting records in accordance with the provision of the Act for safeguarding of the assets of the Company and for preventing and detecting the
frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable
and prudent; and design, implementation and maintenance of internal financial control, that were operating effectively for ensuring the accuracy
and completeness of the accounting records, relevant to the preparation and presentation of the financial statements that give a true and fair view
and are free from material misstatement, whether due to fraud or error.
Auditors Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit.We have taken into account the provisions of the Act,
the accounting and auditing standards andmatters which are required to be included in the audit report under the provisions of the Act and the
Rules made thereunder.
We conducted our audit in accordance with the Standards on Auditing specified under section 143(10) of the Act. Those Standards require that we
comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free
from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures
selected depend on the auditors judgment, including the assessment of the risks of material misstatement of the financial statements, whether due
to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the Companys preparation and fair
presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances but not for the purpose of
expressing an opinion on the effectiveness of the companys internal control. An audit also includes evaluating the appropriateness of accounting
policies used and the reasonableness of the accounting estimates made by Companys Directors, as well as evaluating the overall presentation of
the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Opinion
In our opinion and to the best of our information and according to the explanations given to us, the financial statements give the information
required by the Act in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in
India, of the state of affairs of the Company as at 31 March 2015 and its profit and its cash flows for the year ended on that date.
Report on other Legal & Regulatory Requirements
23
1. As required by the Companies (Auditors Report) Order, 2015 (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 statement on the matters specified in the paragraph 3 and 4 of the
Order, to the extent applicable.
2.
As required by section 143(3) of the Act, we report that:
a) We have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the
purposes of our audit.
b) In our opinion proper books of account as required by law have been kept by the Company so far as appears from our examination of those
books and proper returns adequate for the purposes of our audit have been received from the branches not visited by us.
c) The Balance Sheet, the Statement of Profit and Loss, and Cash Flow Statement dealt with by this Report are in agreement with the books of
account.
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 written representations received from the directors as on 31 March, 2015, taken on record by the Board of Directors, none of
the directors is disqualified as on 31 March, 2015, from being appointed as a director in terms of Section 164(2) of the Act.
f) In our opinion and to the best of our information and according to the explanations given to us, we report as under with respect to other
matters to be included in the Auditors Report in accordance with Rule 11 of the Companies (Audit and Auditors) Rules, 2014:
(i) The Company has informed that it has no pending litigations as such there is NIL impact on its financial positions in its financial statement.
(ii) The Company did not have any long-term contracts including derivative contracts; as such the question of commenting on any material
foreseeable losses thereon does not arise.
(iii)There has not been an occasion in case of the Company during the year under report to transfer any sums to the Investor Education and
Protection Fund. The question of delay in transferring such sums does not arise.
[400500] Disclosures - Secretarial audit report

01/04/2014
to
31/03/2015
Disclosure in secretarial audit report explanatory [TextBlock]
Whether secretarial audit report is applicable on company
No
24
[100100] Balance sheet

31/03/2015
Balance sheet [Abstract]
Equity and liabilities [Abstract]
Shareholders' funds [Abstract]
Share capital
Reserves and surplus
Total shareholders' funds
Share application money pending allotment
Non-current liabilities [Abstract]
Long-term borrowings
Deferred tax liabilities (net)
Other long-term liabilities
Long-term provisions
Total non-current liabilities
Current liabilities [Abstract]
Short-term borrowings
Trade payables
Other current liabilities
Short-term provisions
Total current liabilities
Total equity and liabilities
Assets [Abstract]
Non-current assets [Abstract]
Fixed assets [Abstract]
Tangible assets
Intangible assets
Total fixed assets
Non-current investments
Long-term loans and advances
Total non-current assets
Current assets [Abstract]
Current investments
Inventories
Trade receivables
Cash and bank balances
Short-term loans and advances
Total current assets
Total assets
25
31/03/2014
1,08,01,000
36,47,72,052
37,55,73,052
0
1,08,01,000
34,95,35,980
36,03,36,980
0
0
37,45,869
0
8,54,308
46,00,177
0
83,70,156
0
2,75,739
86,45,895
4,01,55,936
98,42,739
1,12,57,789
39,550
6,12,96,014
44,14,69,243
11,06,05,789
6,37,78,685
1,24,26,970
2,05,148
18,70,16,592
55,59,99,467
4,92,54,710
60,721
4,93,15,431
18,77,002
21,59,830
5,33,52,263
5,84,19,142
2,76,481
5,86,95,623
18,77,002
20,68,759
6,26,41,384
0
7,44,26,927
26,61,85,529
1,04,95,954
3,70,08,570
38,81,16,980
44,14,69,243
0
11,78,45,054
24,67,42,689
6,69,75,965
6,17,94,375
49,33,58,083
55,59,99,467
[400300] Disclosures - Signatories of financial statements

Details of directors signing financial statements [Table]
..(1)

Directors signing financial statements [Axis]
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
Middle name of director
Last name of director
01/04/2014
to
31/03/2015
01/04/2014
to
31/03/2015
Samir
Mansukhlal
Vora
WholeDirector
00204005
02/09/2015
Designation of director
Director identification number of director
Date of signing of financial statements by director
26
Bhupesh
Mansukhlal
Vora
time WholeDirector
00204058
02/09/2015
time
[100400] Cash flow statement, indirect

01/04/2014
to
31/03/2015
Statement of cash flows [Abstract]
Whether cash flow statement is applicable on company
Cash flows from used in operating activities [Abstract]
Profit before extraordinary items and tax
Adjustments for reconcile profit (loss) [Abstract]
Adjustments to profit (loss) [Abstract]
01/04/2013
to
31/03/2014
Yes
Adjustments for finance costs

Adjustments for depreciation and amortisation expense
Adjustments for dividend income
Other adjustments for which cash effects are investing or
financing cash flow
Total adjustments to profit (loss)
Adjustments for working capital [Abstract]
Adjustments for decrease (increase) in inventories
Adjustments for decrease (increase) in trade receivables
Adjustments for decrease (increase) in other current assets
Adjustments for increase (decrease) in trade payables
Adjustments for increase (decrease) in other current liabilities
Adjustments for provisions
Total adjustments for working capital
Total adjustments for reconcile profit (loss)
Net cash flows from (used in) operations
Income taxes (paid) refund
Net cash flows from (used in) operating activities before extraordinary
items
Net cash flows from (used in) operating activities
Cash flows from used in investing activities [Abstract]
Proceeds from sales of tangible assets
Purchase of tangible assets
Dividends received
Interest received
Other inflows (outflows) of cash
Net cash flows from (used in) investing activities before extraordinary
items
Net cash flows from (used in) investing activities
Cash flows from used in financing activities [Abstract]
Repayments of borrowings
Interest paid
Other inflows (outflows) of cash
Net cash flows from (used in) financing activities before extraordinary
items
Net cash flows from (used in) financing activities
Net increase (decrease) in cash and cash equivalents before effect of
exchange rate changes
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents cash flow statement at end of period
27
31/03/2013
Yes
2,22,06,950
4,08,44,893
(A) 90,78,676
99,75,519
17,28,865
(B) 46,53,507
49,44,157
10,83,488
-1,29,659
1,73,25,330
83,84,517
4,34,18,127
-1,94,42,840
51,06,065
4,20,20,184
(C) 2,46,94,734
-5,39,35,946
-11,69,181
(D) -22,71,639
1,92,95,799
-35,73,574
(E) -1,65,598
-66,00,704
1,07,24,626
3,29,31,576
1,16,53,948
(F) 2,05,148
6,07,81,983
6,91,66,500
11,00,11,393
1,00,89,355
2,12,77,628
9,99,22,038
2,12,77,628
9,99,22,038
0
5,36,543
17,28,865
12,05,470
1,68,889
79,56,667
10,83,488
15,48,719
(G) 5,32,22,643
(H) -5,07,21,636
5,56,20,435
-5,58,77,207
5,56,20,435
-5,58,77,207
7,04,49,853
1,02,84,146
5,03,89,638
62,02,226
(I) 5,78,570
(J) 1,56,139
-8,01,55,429
-5,64,35,725
-8,01,55,429
-5,64,35,725
-32,57,366
-1,23,90,894
-32,57,366
12,85,191
-1,23,90,894
45,42,558
1,69,33,452
Footnotes
(A) Interest (Expense net of income) : 9078676
(B) Interest (Expense net of income) : 4653507
(C) Decrease (Increase) Short Term Loans & Advances : 24785805 Decrease (Increase) Long Term Loans & Advances : -91071
(D) Decrease (Increase) Short Term Loans & Advances : -2710134 Decrease (Increase) Long Term Loans & Advances : 438495
(E) Increase (Decrease) in Short Term provisions : -165598
(F) Increase (Decrease) in Short Term provisions : 205148
(G) Deposit of margin money : 53222643
(H) Deposit of margin money : -50721636
(I) REpayment from long-term Provisions : 578569
(J) REpayment from long-term Provisions : 156139
28
[200100] Notes - Share capital

Disclosure of classes of share capital [Table]
..(1)

Classes of share capital [Axis]
Share capital [Member]
01/04/2014
to
31/03/2015
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [LineItems]
Number of shares authorised
Value of shares authorised
Number of shares issued
Value of shares issued
Number of shares subscribed and fully paid
Value of shares subscribed and fully paid
Number of shares subscribed but not fully paid
Value of shares subscribed but not fully paid
Total number of shares subscribed
Total value of shares subscribed
Value of shares paid-up [Abstract]
Number of shares paid-up
Value of shares called
Calls unpaid [Abstract]
Calls unpaid by directors and officers
[Abstract]
Calls unpaid by directors
Calls unpaid by officers
Total calls unpaid by directors and
officers
Calls unpaid by others
Total calls unpaid
Forfeited shares
Forfeited shares reissued
Value of shares paid-up
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
Number of shares issued as bonus shares
Number of shares issued as rights
Number of shares issued in private
placement arising out of conversion of
debentures preference shares during
period
Number of shares issued in other private
placement
Number of shares issued as preferential
allotment arising out of conversion of
period
Number of shares issued as other
preferential allotment
Number of shares allotted for
contracts without payment received
in cash
Number of shares issued under scheme of
amalgamation
Number of other issues of shares
Number of shares issued under employee
stock option plan
Equity shares [Member]
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
[shares] 50,00,000
5,00,00,000
[shares] 10,80,100
1,08,01,000
[shares] 10,80,100
1,08,01,000
[shares] 0
0
[shares] 10,80,100
1,08,01,000
[shares] 12,50,000
1,25,00,000
[shares] 10,80,100
1,08,01,000
[shares] 10,80,100
1,08,01,000
[shares] 0
0
[shares] 10,80,100
1,08,01,000
[shares] 35,00,000
3,50,00,000
[shares] 10,80,100
1,08,01,000
[shares] 10,80,100
1,08,01,000
[shares] 0
0
[shares] 10,80,100
1,08,01,000
[shares] 12,50,000
1,25,00,000
[shares] 10,80,100
1,08,01,000
[shares] 10,80,100
1,08,01,000
[shares] 0
0
[shares] 10,80,100
1,08,01,000
[shares] 10,80,100
1,08,01,000
[shares] 10,80,100
1,08,01,000
[shares] 10,80,100
1,08,01,000
[shares] 10,80,100
1,08,01,000
0
0
0
0
0
0
0
0
0
0
0
0
1,08,01,000
0
0
0
0
1,08,01,000
0
0
0
0
1,08,01,000
0
0
0
0
1,08,01,000
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
29
Number of other issue of shares

arising out of conversion of
securities
Total aggregate number of shares issued
during period
Decrease in number of shares during period
[Abstract]
Number of shares redeemed
Number of shares bought back
Other decrease in number of shares
Total decrease in number of shares during
period
Total increase (decrease) in number of
shares outstanding
Number of shares outstanding at end of period
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
Amount of bonus issue during period
Amount of rights issue during period
Amount of private placement issue
arising out of conversion of debentures
preference shares during period
Amount of other private placement issue
during period
Amount of preferential allotment issue
Amount of other preferential allotment
issue during period
Amount of issue allotted for
contracts without payment
received in cash during period
Amount of issue under scheme of
amalgamation during period
Amount of other issues during period
Amount of employee stock option plan
issued during period
Amount of other issue arising out of
conversion of securities during
period
Total aggregate amount of increase in
share capital during period
Decrease in share capital during period
[Abstract]
Decrease in amount of shares redeemed
Decrease in amount of shares bought back
Other decrease in amount of shares
Total decrease in share capital during
period
Total increase (decrease) in share capital
Share capital at end of period
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 in company held by ultimate holding
company
Shares in company held by subsidiaries of its
holding company
ultimate holding company
Shares in company held by associates of its
holding company
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 10,80,100
[shares] 10,80,100
[shares] 10,80,100
[shares] 10,80,100
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,08,01,000
0
1,08,01,000
0
1,08,01,000
0
1,08,01,000
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
30
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 for sale of shares or
disinvestment
Aggregate number of fully paid-up shares
issued pursuant to contracts without
payment being received in cash
issued by way of bonus shares
Aggregate number of shares bought back
Original paid-up value of forfeited shares
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, principal
refund, interest accrued
Total application money received for
allotment of securities and due for refund
and interest accrued thereon
Number of shares proposed to be issued
Share premium for shares to be allotted
31
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
0
[shares] 0
0
[shares] 0
0
[shares] 0
0
[shares] 0
0
[shares] 0
0
[shares] 0
0
[shares] 0
0
..(2)

Equity shares 1 [Member]
01/04/2014
to
31/03/2015
Type of share
Calls unpaid by directors and officers
[Abstract]
Total calls unpaid by directors and
officers
Total calls unpaid
Forfeited shares
Par value per share
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 as rights
Number of shares issued in private
placement arising out of conversion of
period
Number of shares issued in other private
placement
Number of shares issued as preferential
allotment arising out of conversion of
period
Number of shares issued as other
preferential allotment
Number of shares allotted for
contracts without payment received
in cash
Number of shares issued under scheme of
amalgamation
Number of shares issued under employee
stock option plan
Preference shares [Member]
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
Equity
Equity
[shares] 35,00,000
[shares] 12,50,000
3,50,00,000
1,25,00,000
[shares] 10,80,100
[shares] 10,80,100
1,08,01,000
1,08,01,000
[shares] 10,80,100
[shares] 10,80,100
1,08,01,000
1,08,01,000
[shares] 0
[shares] 0
0
0
[shares] 10,80,100
[shares] 10,80,100
1,08,01,000
1,08,01,000
01/04/2013
to
31/03/2014
[shares] 15,00,000
1,50,00,000
[shares] 0
0
[shares] 0
0
[shares] 0
0
[shares] 0
0
[shares] 0
0
[shares] 0
0
[shares] 0
0
[shares] 0
0
[shares] 0
0
[shares] 10,80,100
1,08,01,000
[shares] 10,80,100
1,08,01,000
[shares] 0
0
[shares] 0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,08,01,000
[INR/shares] 10
0
0
0
0
1,08,01,000
[INR/shares] 10
0
0
0
0
0
0
0
0
0
0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
32
Number of other issue of shares

arising out of conversion of
securities
Total aggregate number of shares issued
during period
Decrease in number of shares during period
[Abstract]
Total decrease in number of shares during
period
Total increase (decrease) in number of
shares outstanding
Reconciliation of value of shares outstanding
[Abstract]
Increase in share capital during period
[Abstract]
Amount of rights issue during period
Amount of private placement issue
Amount of other private placement issue
during period
Amount of preferential allotment issue
Amount of other preferential allotment
issue during period
Amount of issue allotted for
contracts without payment
received in cash during period
Amount of issue under scheme of
amalgamation during period
Amount of employee stock option plan
issued during period
Amount of other issue arising out of
conversion of securities during
period
Total aggregate amount of increase in
share capital during period
Decrease in share capital during period
[Abstract]
Total decrease in share capital during
period
Shares in company held by holding company or
ultimate holding company or by its subsidiaries
or associates [Abstract]
Shares in company held by ultimate holding
company
holding company
holding company
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 10,80,100
[shares] 10,80,100
[shares] 0
[shares] 0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,08,01,000
0
1,08,01,000
0
0
0
0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
33
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
Amount of shares reserved for issue under options
and contracts or commitments for sale of shares or
disinvestment
issued pursuant to contracts without
issued by way of bonus shares
Details of application money received for
allotment of securities and due for refund and
Application money received for allotment of
securities and due for refund and interest
accrued thereon [Abstract]
refund, principal
refund, interest accrued
Total application money received for
allotment of securities and due for refund
and interest accrued thereon
34
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
0
[shares] 0
0
[shares] 0
0
[shares] 0
0
[shares] 0
0
[shares] 0
0
[shares] 0
0
[shares] 0
0
..(3)

Preference shares 1 [Member]
01/04/2014
to
31/03/2015
Type of share
Calls unpaid by directors and officers [Abstract]
Total calls unpaid by directors and officers
Total calls unpaid
Forfeited shares
Par value per share
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 private placement arising out of conversion
of 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 in cash
Number of shares issued under scheme of amalgamation
Number of shares issued under employee stock option plan
Number of other issue of shares arising out of conversion of securities
Total aggregate number of shares issued during period
Decrease in number of shares during period [Abstract]
Total decrease in number of shares during period
Total increase (decrease) in number of shares outstanding
Reconciliation of value of shares outstanding [Abstract]
Increase in share capital during period [Abstract]
Amount of private placement issue arising out of conversion of
debentures preference shares during period
35
01/04/2013
to
31/03/2014
Preference
Preference
[shares] 15,00,000
[shares] 0
1,50,00,000
0
[shares] 0
[shares] 0
0
0
[shares] 0
[shares] 0
0
0
[shares] 0
[shares] 0
0
0
[shares] 0
[shares] 0
0
0
[shares] 0
0
[shares] 0
0
0
0
0
0
0
0
0
0
[INR/shares] 10
0
0
0
0
0
0
0
0
[INR/shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
0
0
0
0
Amount of other private placement issue during period

Amount of preferential allotment issue arising out of conversion of
debentures preference shares during period
Amount of other preferential allotment issue during period
Amount of issue allotted for contracts without payment received in cash
during period
Amount of issue under scheme of amalgamation during period
Amount of employee stock option plan issued during period
Amount of other issue arising out of conversion of securities during period
Total aggregate amount of increase in share capital during period
Decrease in share capital during period [Abstract]
Total decrease in share capital during period
Shares in company held by holding company or ultimate holding company or by its
subsidiaries or associates [Abstract]
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
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
Amount of shares reserved for issue under options and contracts or commitments
for sale of shares or disinvestment
Aggregate number of fully paid-up shares issued pursuant to contracts without
Aggregate number of fully paid-up shares issued by way of bonus shares
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
Application money received for allotment of securities and due for refund,
principal
Application money received for allotment of securities and due for refund,
interest accrued
Total application money received for allotment of securities and due for
refund and interest accrued thereon
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
0
[shares] 0
[shares] 0
0
[shares] 0
0
[shares] 0
0
Disclosure of shareholding more than five per cent in company [Table]
..(1)

Name of shareholder [Axis]
Disclosure of shareholding more than five per cent in

company [Abstract]
Disclosure of shareholding more than five per cent
in company [LineItems]
Number of shares held in company

Shareholder 1 [Member]
31/03/2015
31/03/2014
31/03/2015
31/03/2014
[shares] 4,77,500
[shares] 4,77,500
[shares] 5,27,500
[shares] 5,27,500
36
..(2)


31/03/2015
31/03/2014

company [Abstract]
Type of share

01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
Equity Shares
Equity Shares
Samir Mansukhlal Samir
Mansukhlal
Vora
Vora
AAAPV7335H
AAAPV7335H
Name of shareholder
PAN of shareholder
Country of incorporation or residence of
shareholder
Percentage of shareholding in company
INDIA
[shares] 56,000
[shares] 56,000
INDIA
[shares] 4,77,500
44.00%
[shares] 4,77,500
44.00%
..(3)


01/04/2014
to
31/03/2015
company [Abstract]
Type of share
Name of shareholder
PAN of shareholder
Country of incorporation or residence of
shareholder
Percentage of shareholding in company
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
Equity Shares
Bhupesh
Mansukhlal Vora
AAAPV7332A
Equity Shares
Equity Shares
Bhupesh Mansukhlal
Swati Samir Vora
Vora
AAAPV7332A
AAAPV7336E
Equity Shares
INDIA
INDIA
INDIA
[shares] 5,27,500
49.00%
Swati Samir Vora

AAAPV7336E
INDIA
[shares] 5,27,500
49.00%
[shares] 56,000
5.00%
[shares] 56,000
5.00%

01/04/2014
to
31/03/2015
Textual information
[See below]
Disclosure of notes on share capital explanatory [TextBlock]

Whether there are any shareholders holding more than five per cent
shares in company
Whether money raised from public offering during year
37
01/04/2013
to
31/03/2014
(28)
Yes
Yes
No
No

Disclosure of notes on share capital explanatory [Text Block]
The Company has one class of Equity shares having a par value of Rs.10/- per share.
Each Shareholders is eligible for one vote per share held.
In the event of liquidation Equity shareholders will be eligible to receive the assets of the Company after distribution of all preferential amounts,
in proportion to number of Equity shares held by the shareholders.
For the period of 5 years immediately preceding the date as at which the Balance Sheet is prepared:
i. There are no shares issued pursuant to contract(s) without payment received in cash.
ii. There are no shares allotted as fully paid up by way of bonus shares..
iii. There are no shares bought back.
[200200] Notes - Reserves and surplus

Statement of changes in reserves [Table]
..(1)

Components of reserves [Axis]
Reserves [Member]
01/04/2014
to
31/03/2015
Statement of changes in reserves [Abstract]
Statement of changes in reserves [LineItems]
Changes in reserves [Abstract]
Additions to reserves [Abstract]
Profit (loss) for period
Total additions to reserves
Deductions to reserves [Abstract]
Other deductions to reserves
Total deductions to reserves
Total changes in reserves
Reserves at end of period
38
01/04/2013
to
31/03/2014
1,51,77,287
1,51,77,287
2,92,24,049
2,92,24,049
-58,784
-58,784
1,52,36,071
36,47,72,052
0
0
2,92,24,049
34,95,35,980
Securities premium account [Member]
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
0
1,00,00,000
0
1,00,00,000
Statement of changes in reserves [Table]
..(2)

Components of reserves [Axis]
Securities premium
account [Member]
01/04/2014
to
31/03/2015
31/03/2013
Statement of changes in reserves [Abstract]
Statement of changes in reserves [LineItems]
Changes in reserves [Abstract]
Additions to reserves [Abstract]
Total additions to reserves
Deductions to reserves [Abstract]
Other deductions to reserves
Total deductions to reserves
Total changes in reserves
Reserves at end of period
Surplus [Member]
1,00,00,000
01/04/2013
to
31/03/2014
31/03/2013
1,51,77,287
1,51,77,287
2,92,24,049
2,92,24,049
(A) -58,784
-58,784
1,52,36,071
35,47,72,052
(B) 0
0
2,92,24,049
33,95,35,980
31,03,11,931
(A) Retained Depreciation : 58784

(B) Retained Depreciation : 0
[200300] Notes - Borrowings

Classification of borrowings [Table]
..(1)

Classification based on time period [Axis]
Classification of borrowings [Axis]
Subclassification of borrowings [Axis]
Short-term [Member]
Borrowings [Member]
Secured borrowings [Member]
Unsecured borrowings [Member]
31/03/2015
Borrowings notes [Abstract]
Details of borrowings [Abstract]
Details of borrowings [LineItems]
Borrowings
31/03/2014
4,01,55,936
31/03/2015
5,63,18,346
31/03/2014
5,42,87,443
..(2)

Short-term [Member]
Term loans [Member]
Term loans from banks [Member]
31/03/2015
Borrowings
31/03/2014
31/03/2015
1,04,93,999
31/03/2014
1,04,93,999
..(3)

Short-term [Member]
Working capital loans from banks
Rupee term loans from banks [Member]
[Member]
31/03/2015
Borrowings
31/03/2014
39
(A) 1,04,93,999
31/03/2015
31/03/2014
(B) 4,01,55,936
(C) 4,58,24,347
Footnotes
(A) From Bank of Baroda-Dubai Branch - 7773123 From Bank of Baroda-London Branch - 2720876
(B) From Citi Bank : 40155936
(C) From Yes Bank : 45824347
..(4)

Short-term [Member]
Other loans and advances, others
Other loans and advances [Member]
[Member]
31/03/2015
Borrowings
31/03/2014
31/03/2015
5,42,87,443
31/03/2014
(A) 5,42,87,443
Footnotes
(A) Transferred from Long Term Borrowings with current dues
01/04/2014
to
31/03/2015
Textual
[See below]
Disclosure of notes on borrowings explanatory [TextBlock]
40
information
(29)

Disclosure of notes on borrowings explanatory [Text Block]
SHORT-TERM BORROWINGS
Cash Credit from Bank is secured by Pari - Passu Charge on the following Assets:
1. Present and future current assets of the company
2. Present & future movable fixed assets of the Co.
3. Godown owned by co.& situated at Exim Chambers, Andheri
4. Wind Mill and land owned by co. at Udumalpet, Tamilnadu
5. Mortgage of flat at Rajkiran, Kandivli owned by a director
6. Mortgage of co. owned office at Vijaya Plaza, Ahmedabad
7. Plus lien on company's Fixed Deposit of Rs.35 lakhs )
8. On office no. 607 & 608, Inizio Bldg., Chakala, Cardinal Gracious Road, Andheri (E), Mumbai - 99.
9. 15% margin on Letters of Credit, Buyers Credit & Guarantee Limits.
Personal Guarantee of the folllowing directors or Owners of above properties: (i) Mr. Bhupesh Vora
(ii) Mr. Samir Vora
Corporate Guarantee of following Companies:(i) Flexilis Private Limited
The borrowings from Companies bears interest payable @ from 9 % to 12% per annum
LONG TERM BORROWINGS

The borrowings from directors bears interest payable @ from 6% to 9%.
41
[201000] Notes - Tangible assets

Disclosure of additional information tangible assets [Table]
..(1)

Company total tangible assets
[Member]
Owned and leased assets
[Member]
Classes of tangible assets [Axis]

Sub classes of tangible assets [Axis]
01/04/2014
to
31/03/2015
Disclosure of additional information
tangible assets [Abstract]
tangible assets [LineItems]
Depreciation method tangible assets
Useful lives or depreciation rates
tangible assets
Buildings [Member]
[Member]
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
Owned assets [Member]
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
Wdv
Wdv
NA
NA
NA
NA
50.91 Years
10%
..(2)


[Member]
01/04/2014
to
31/03/2015
tangible assets
Furniture and fixtures

[Member]
[Member]
Plant and equipment [Member]

01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
Wdv
Wdv
NA
NA
10 Years
15%
NA
NA
..(3)

Furniture and fixtures [Member]
01/04/2014
to
31/03/2015
tangible assets
Vehicles [Member]
[Member]
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
Wdv
Wdv
Wdv
Wdv
5.13 Years
80%
NA
NA
3.58 Years
0%
42
..(4)


[Member]
01/04/2014
to
31/03/2015
tangible assets
Computer equipments
[Member]
[Member]
Office equipment [Member]
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
Wdv
Wdv
NA
NA
4.89 Years
10.00
NA
NA
..(5)

Computer equipments [Member]

01/04/2014
to
31/03/2015
Disclosure of additional information tangible assets [Abstract]
Disclosure of additional information tangible assets [LineItems]
Useful lives or depreciation rates tangible assets
Wdv
1.35 Years
43
01/04/2013
to
31/03/2014
Wdv
10%
Disclosure of tangible assets [Table]
..(1)

Carrying amount accumulated depreciation and gross
carrying amount [Axis]
Company total tangible assets [Member]

Owned and leased assets [Member]
Gross carrying amount
Accumulated depreciation and
Carrying amount [Member]
[Member]
impairment [Member]
01/04/2014
to
31/03/2015
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets
[LineItems]
Reconciliation of changes in
Changes in tangible assets
[Abstract]
Additions other than through
business combinations tangible
assets
Depreciation tangible assets
Impairment loss
recognised in profit or
loss tangible assets
Reversal of impairment loss
recognised in profit or loss
tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
others
Total disposals tangible
assets
Other adjustments tangible
assets [Abstract]
assets, others
Total other adjustments
tangible assets
Total changes in tangible
assets
Tangible assets at end of period
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
01/04/2013
to
31/03/2014
5,36,543
78,11,081
-97,58,578
-47,87,241
97,58,578
47,87,241
39,230
12,01,759
11,62,529
39,230
12,01,759
11,62,529
57,603
-57,603
57,603
-57,603
-91,64,432
29,84,610
5,36,543
66,09,322
97,00,975
36,24,712
4,92,54,710
5,84,19,142
9,66,98,135
9,61,61,594
4,74,43,425
3,77,42,452
44
5,36,543
01/04/2014
to
31/03/2015
78,11,081
..(2)

Company total tangible assets [Member]

[Member]
impairment [Member]
01/04/2014
to
31/03/2015
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
others
assets
assets [Abstract]
assets, others
tangible assets
assets
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
01/04/2013
to
31/03/2014
5,36,543
78,11,081
-97,58,578
-47,87,241
97,58,578
47,87,241
39,230
12,01,759
11,62,529
39,230
12,01,759
11,62,529
57,603
-57,603
57,603
-57,603
-91,64,432
29,84,610
5,36,543
66,09,322
97,00,975
36,24,712
4,92,54,710
5,84,19,142
9,66,98,135
9,61,61,594
4,74,43,425
3,77,42,452
45
5,36,543
01/04/2014
to
31/03/2015
78,11,081
..(3)

Buildings [Member]
[Member]
impairment [Member]
01/04/2014
to
31/03/2015
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
others
assets
assets [Abstract]
assets, others
tangible assets
assets
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
01/04/2013
to
31/03/2014
-19,79,486
-10,94,833
19,79,486
10,94,833
-19,79,486
-10,94,833
19,79,486
10,94,833
3,62,21,790
3,82,01,276
3,98,22,975
3,98,22,975
36,01,185
16,21,699
46
01/04/2014
to
31/03/2015
..(4)

01/04/2014
to
31/03/2015
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
others
assets
assets [Abstract]
assets, others
tangible assets
assets
Buildings [Member]
[Member]
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015

impairment [Member]
01/04/2013
to
31/03/2014
01/04/2013
to
31/03/2014
-19,79,486
-10,94,833
19,79,486
10,94,833
-19,79,486
-10,94,833
19,79,486
10,94,833
3,62,21,790
3,82,01,276
3,98,22,975
3,98,22,975
36,01,185
16,21,699
47
01/04/2014
to
31/03/2015
..(5)


[Member]
impairment [Member]
01/04/2014
to
31/03/2015
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
others
assets
assets [Abstract]
assets, others
tangible assets
assets
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
01/04/2013
to
31/03/2014
24,34,984
-41,01,469
-17,16,896
41,01,469
17,16,896
-41,01,469
7,18,088
24,34,984
41,01,469
17,16,896
68,47,246
1,09,48,716
3,81,92,900
3,81,92,901
3,13,45,654
2,72,44,185
48
01/04/2014
to
31/03/2015
24,34,984
..(6)

01/04/2014
to
31/03/2015
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
others
assets
assets [Abstract]
assets, others
tangible assets
assets

[Member]
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015

impairment [Member]
01/04/2013
to
31/03/2014
01/04/2013
to
31/03/2014
24,34,984
-41,01,469
-17,16,896
41,01,469
17,16,896
-41,01,469
7,18,088
24,34,984
41,01,469
17,16,896
68,47,246
1,09,48,716
3,81,92,900
3,81,92,901
3,13,45,654
2,72,44,185
49
01/04/2014
to
31/03/2015
24,34,984
..(7)


[Member]
impairment [Member]
01/04/2014
to
31/03/2015
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
others
assets
assets [Abstract]
assets, others
tangible assets
assets
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
01/04/2013
to
31/03/2014
13,313
49,20,706
-14,59,078
-3,99,092
14,59,078
3,99,092
-14,45,765
45,21,614
13,313
49,20,706
14,59,078
3,99,092
35,27,028
49,72,793
65,64,796
65,51,484
30,37,768
15,78,691
50
13,313
01/04/2014
to
31/03/2015
49,20,706
..(8)

01/04/2014
to
31/03/2015
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
others
assets
assets [Abstract]
assets, others
tangible assets
assets

[Member]
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
13,313
49,20,706
-14,59,078
-3,99,092
14,59,078
3,99,092
-14,45,765
45,21,614
13,313
49,20,706
14,59,078
3,99,092
35,27,028
49,72,793
65,64,796
65,51,484
30,37,768
15,78,691
51
13,313

impairment [Member]
49,20,706
..(9)

Vehicles [Member]
[Member]
impairment [Member]
01/04/2014
to
31/03/2015
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
others
assets
assets [Abstract]
assets, others
tangible assets
assets
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
01/04/2013
to
31/03/2014
58,710
-15,78,935
-12,26,164
15,78,935
12,26,164
39,230
12,01,759
11,62,529
39,230
12,01,759
11,62,529
2,210
-2,210
2,210
-2,210
-15,76,725
-12,06,684
-11,43,049
15,76,725
63,635
19,81,288
35,58,013
82,00,277
82,00,277
62,18,989
46,42,264
52
01/04/2014
to
31/03/2015
58,710
..(10)

01/04/2014
to
31/03/2015
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
others
assets
assets [Abstract]
assets, others
tangible assets
assets
Vehicles [Member]
[Member]
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
58,710
-15,78,935
-12,26,164
15,78,935
12,26,164
39,230
12,01,759
11,62,529
39,230
12,01,759
11,62,529
2,210
-2,210
2,210
-2,210
-15,76,725
-12,06,684
-11,43,049
15,76,725
63,635
19,81,288
35,58,013
82,00,277
82,00,277
62,18,989
46,42,264
53

impairment [Member]
58,710
..(11)


[Member]
impairment [Member]
01/04/2014
to
31/03/2015
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
others
assets
assets [Abstract]
assets, others
tangible assets
assets
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
01/04/2013
to
31/03/2014
5,08,516
14,770
-1,02,037
-310
1,02,037
310
4,06,479
14,460
5,08,516
14,770
1,02,037
310
4,20,939
14,460
5,23,286
14,770
1,02,347
310
54
5,08,516
01/04/2014
to
31/03/2015
14,770
..(12)

01/04/2014
to
31/03/2015
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
others
assets
assets [Abstract]
assets, others
tangible assets
assets

[Member]
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015

impairment [Member]
01/04/2013
to
31/03/2014
01/04/2013
to
31/03/2014
5,08,516
14,770
-1,02,037
-310
1,02,037
310
4,06,479
14,460
5,08,516
14,770
1,02,037
310
4,20,939
14,460
5,23,286
14,770
1,02,347
310
55
5,08,516
01/04/2014
to
31/03/2015
14,770
..(13)


[Member]
impairment [Member]
01/04/2014
to
31/03/2015
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
others
assets
assets [Abstract]
assets, others
tangible assets
assets
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
01/04/2013
to
31/03/2014
14,714
3,81,911
-5,37,573
-3,49,946
5,37,573
3,49,946
55,393
-55,393
55,393
-55,393
-4,67,466
31,965
14,714
3,81,911
4,82,180
3,49,946
2,56,419
7,23,884
33,93,901
33,79,187
31,37,482
26,55,303
56
14,714
01/04/2014
to
31/03/2015
3,81,911
..(14)


[Member]
01/04/2014
to
31/03/2015
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
others
assets
assets [Abstract]
assets, others
tangible assets
assets
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
14,714

impairment [Member]
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
14,714
3,81,911
3,81,911
-5,37,573
-3,49,946
5,37,573
3,49,946
55,393
-55,393
55,393
-55,393
-4,67,466
31,965
14,714
3,81,911
4,82,180
3,49,946
2,56,419
7,23,884
33,93,901
33,79,187
31,37,482
26,55,303
[201100] Notes - Intangible assets

Disclosure of additional information intangible assets [Table]
..(1)

Company total intangible assets
[Member]
Internally generated and other
than internally generated
intangible assets [Member]
Classes of intangible assets [Axis]

Sub classes of intangible assets [Axis]
01/04/2014
to
31/03/2015
intangible assets [Abstract]
intangible assets [LineItems]
Useful lives or amortization rates
intangible assets
Description of amortization method
used
Computer software [Member]

Internally generated and other
than internally generated
intangible assets [Member]
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
Intangible assets other than

internally generated [Member]
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
NA
NA
NA
NA
0.66 Years
40.00
Wdv
Wdv
57
Disclosure of intangible assets [Table]
..(1)

Carrying amount accumulated amortization and
impairment and gross carrying amount [Axis]
Company total intangible assets [Member]

Internally generated and other than internally generated intangible assets [Member]
Accumulated amortization and
[Member]
impairment [Member]
01/04/2014
to
31/03/2015
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets
[LineItems]
Changes in intangible assets
[Abstract]
Additions to intangible assets
[Abstract]
business combinations
intangible assets
Total additions to
intangible assets
Amortization intangible assets
Impairment loss
loss intangible assets
intangible assets
Disposals intangible assets
[Abstract]
Disposals intangible
assets, others
Total disposals intangible
assets
Other adjustments intangible
assets [Abstract]
Other adjustments
intangible assets, others
intangible assets
Total changes in intangible
assets
Intangible assets at end of period
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
1,45,587
1,45,587
1,45,587
1,45,587
-2,16,941
-1,56,917
2,16,941
1,56,917
1,181
-1,181
1,181
-1,181
-2,15,760
-11,330
1,45,587
2,15,760
1,56,917
60,721
2,76,481
7,69,062
7,69,062
7,08,341
4,92,581
58
..(2)

Company total intangible assets [Member]

Intangible assets other than internally generated [Member]
[Member]
impairment [Member]
01/04/2014
to
31/03/2015
[LineItems]
[Abstract]
[Abstract]
intangible assets
Total additions to
intangible assets
Impairment loss
intangible assets
[Abstract]
assets, others
assets
assets [Abstract]
Other adjustments
intangible assets
assets
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
1,45,587
1,45,587
1,45,587
1,45,587
-2,16,941
-1,56,917
2,16,941
1,56,917
1,181
-1,181
1,181
-1,181
-2,15,760
-11,330
1,45,587
2,15,760
1,56,917
60,721
2,76,481
7,69,062
7,69,062
7,08,341
4,92,581
59
..(3)


Internally generated and other than internally generated intangible assets [Member]
[Member]
impairment [Member]
01/04/2014
to
31/03/2015
[LineItems]
[Abstract]
[Abstract]
intangible assets
Total additions to
intangible assets
Impairment loss
intangible assets
[Abstract]
assets, others
assets
assets [Abstract]
Other adjustments
intangible assets
assets
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
1,45,587
1,45,587
1,45,587
1,45,587
-2,16,941
-1,56,917
2,16,941
1,56,917
1,181
-1,181
1,181
-1,181
-2,15,760
-11,330
1,45,587
2,15,760
1,56,917
60,721
2,76,481
7,69,062
7,69,062
7,08,341
4,92,581
60
..(4)


Intangible assets other than internally generated [Member]
[Member]
impairment [Member]
01/04/2014
to
31/03/2015
[LineItems]
[Abstract]
[Abstract]
intangible assets
Total additions to
intangible assets
Impairment loss
intangible assets
[Abstract]
assets, others
assets
assets [Abstract]
Other adjustments
intangible assets
assets
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
1,45,587
1,45,587
1,45,587
1,45,587
-2,16,941
-1,56,917
2,16,941
1,56,917
1,181
-1,181
1,181
-1,181
-2,15,760
-11,330
1,45,587
2,15,760
1,56,917
60,721
2,76,481
7,69,062
7,69,062
7,08,341
4,92,581
61
[200400] Notes - Non-current investments

Details of non-current investments [Table]
..(1)

Classification of non-current investments [Axis]
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
Non-current investments [Abstract]

Disclosure of details of non-current investments
[Abstract]
Details of non-current investments [LineItems]
Type of non-current investments
Class of non-current investments
Nature of non-current investments
Non-current investments
Name of body corporate in whom investment has
been made
Details of whether such body corporate is
subsidiary, associate, joint venture or
controlled special purpose entity
Details of non-current investments carried
at other than cost [Abstract]
Basis of valuation for non-current
investments carried at other than at
cost
Investment
in Investment
in
Other non-current Other
non-current
subsidiaries equity subsidiaries
equity
investments
investments
instruments
instruments
Other investments Other investments
Other investments Other investments
Unquoted
Unquoted
Unquoted
Unquoted
18,75,000
18,75,000
2,002
2,002
1,50,000 shares of
1,50,000 shares of
AED 1/- each of
AED 1/- each of ABN INIZIO
INIZIO
ABN Middle East
Middle East FZE
FZE
Wholly
Owned Wholly
Subsisdiary
Subsisdiary
At cost
Owned Society
Instrument
At cost
Equity Society
Instrument
At cost
Equity
At cost

31/03/2015
Disclosure of notes on non-current investments explanatory [TextBlock]
Aggregate amount of quoted non-current investments
Market value of quoted non-current investments
Aggregate amount of unquoted non-current investments
Aggregate provision for diminution in value of non-current investments
0
0
18,77,002
0
31/03/2014
0
0
18,77,002
0
[200600] Notes - Subclassification and notes on liabilities and assets

Subclassification of trade receivables [Table]
..(1)

Classification of assets based on security [Axis]
Classification of assets based on security

[Member]
31/03/2015
Subclassification and notes on liabilities and assets
[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
Total trade receivables
26,61,85,529
26,61,85,529
Footnotes
(A) Outstanding for a period exceeding six months : 42321850 Others : 223863679
(B) Outstanding for a period exceeding six months : 30742139 Others : 216000550
62
31/03/2014
24,67,42,689
24,67,42,689
Unsecured considered good [Member]
31/03/2015
(A) 26,61,85,529
26,61,85,529
31/03/2014
(B) 24,67,42,689
24,67,42,689
Loans and advances [Table]
..(1)

Classification of loans and advances [Axis]
Long-term [Member]
Loans and advances [Member]
Security deposits [Member]
31/03/2015
[Abstract]
Loans and advances notes [Abstract]
Loans and advances [Abstract]
Disclosure of loans and advances [LineItems]
Loans and advances, gross
Loans and advances
21,59,830
21,59,830
31/03/2014
20,68,759
20,68,759
31/03/2015
21,59,830
21,59,830
31/03/2014
20,68,759
20,68,759
..(2)

Short-term [Member]
Loans and advances to related parties
Loans and advances [Member]
[Member]
31/03/2015
[Abstract]
Loans and advances
3,70,08,570
3,70,08,570
31/03/2014
6,17,94,375
6,17,94,375
31/03/2015
12,04,761
12,04,761
31/03/2014
12,04,761
12,04,761
..(3)

Short-term [Member]
Loans advances given subsidiaries
Loans advances given suppliers
[Member]
[Member]
31/03/2015
[Abstract]
Loans and advances
12,04,761
12,04,761
31/03/2014
12,04,761
12,04,761
31/03/2015
1,64,22,921
1,64,22,921
31/03/2014
3,71,17,895
3,71,17,895
..(4)

Short-term [Member]
Loans advances given employees
Other loans and advances [Member]
[Member]
31/03/2015
[Abstract]
Loans and advances
89,893
89,893
63
31/03/2014
96,416
96,416
31/03/2015
1,92,90,995
1,92,90,995
31/03/2014
2,33,75,303
2,33,75,303
..(5)

Short-term [Member]
Prepaid expenses [Member]
Advance tax [Member]
31/03/2015
[Abstract]
Loans and advances
31/03/2014
7,66,253
7,66,253
9,95,742
9,95,742
31/03/2015
31/03/2014
96,41,839
96,41,839
16,96,007
16,96,007
..(6)

Short-term [Member]
Other loans and advances, others
Other advance taxes [Member]
[Member]
31/03/2015
[Abstract]
Loans and advances
(A) 96,41,839
96,41,839
31/03/2014
(B) 16,96,007
16,96,007
31/03/2015
(C) 88,82,903
88,82,903
31/03/2014
(D) 2,06,83,554
2,06,83,554
Footnotes
(A) Advance Tax Net Of Provisions : 7113876 Other Advances : 2527963
(B) Advance Tax Net Of Provisions : 286669 Other Advances : 1409338
(C) Bal. with Revenue Authorities : 8882903
(D) Bal. with Revenue Authorities : 20683554
Disclosure of breakup of provisions [Table]
..(1)

Long-term [Member]
31/03/2015
[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
Total provisions for employee benefits
Other provisions
Total provisions
Footnotes
(A) Bank Interest Payable : 39550
(B) Bank Interest Payable : 205148
64
Short-term [Member]
31/03/2014
8,54,308
8,54,308
2,75,739
2,75,739
8,54,308
2,75,739
31/03/2015
(A) 39,550
39,550
31/03/2014
(B) 2,05,148
2,05,148
Classification of inventories [Table]
..(1)

Classification of inventories [Axis]
Company total inventories [Member]
31/03/2015
[Abstract]
Inventories notes [Abstract]
Inventories [Abstract]
Classification of inventories [Abstract]
Details of inventories [LineItems]
Inventories
7,44,26,927
31/03/2014
11,78,45,054
Stock-in-trade [Member]
31/03/2015
7,38,88,162
31/03/2014
11,72,45,093
Classification of inventories [Table]
..(2)

Classification of inventories [Axis]
Other inventories [Member]
31/03/2015
[Abstract]
Inventories notes [Abstract]
Inventories [Abstract]
Classification of inventories [Abstract]
Details of inventories [LineItems]
Inventories
5,38,765
Footnotes
(A) License In Hand : 538765
(B) License In Hand : 599961
65
31/03/2014
5,99,961
Other inventories, others [Member]
31/03/2015
(A) 5,38,765
31/03/2014
(B) 5,99,961

01/04/2014
to
31/03/2015
Disclosure of subclassification and notes on liabilities and assets
explanatory [TextBlock]
Trade payables, long-term
Total other long-term liabilities
Nature of other provisions
Interest accrued but not due on borrowings
Interest accrued and due on borrowings
Interest accrued but not due on public deposits
Interest accrued and due on public deposits
Debentures claimed but not paid
Unpaid dividends
Application money received for allotment of securities and
due for refund, principal
Unpaid matured deposits and interest accrued thereon
Unpaid matured debentures and interest accrued thereon
Taxes payable other tax
Public deposit payable, current
Total other payables, current
Advance received from customers
Current liabilities portion of share application money pending
allotment
01/04/2013
to
31/03/2014
0
0
Bank interest Payable
Other current liabilities, others

Total other current liabilities
Disclosure of notes on loans and advances explanatory [TextBlock]
0
0
Bank interest Payable
0
0
0
0
0
0
0
0
0
0
0
0
0
0
37,71,045
0
37,71,045
12,50,712
0
0
42,57,391
0
42,57,391
6,24,378
(A) 62,36,032
1,12,57,789
[See below]
(B) 75,45,201
1,24,26,970
Information
as
regards
due
from
directors
and
from
concern
in
which
directors
are
interested
and
private
companies
under the same management
as
certified
by
a
director: NIL (NIL)
Disclosure of notes on trade receivables explanatory [TextBlock]
Aggregate amount of trade receivables outstanding for period

exceeding six months
Fixed deposits with banks
Other balances with banks
Total balance with banks
Cash on hand
Total cash and cash equivalents
Other bank balances
Total cash and bank balances
Total balances held with banks to extent held as
margin money or security against borrowings,
guarantees or other commitments
Bank deposits with more than twelve months maturity
Footnotes
(A) Deposits : 300000 Creditors For Expenses : 5936032
(B) Deposits : 300000 Creditors For Expenses : 7245201
(C) (a) Balances with banks in Current Accounts : 926262
(D) (a) Balances with banks in Current Accounts : 4421560
(E) Balances in banks Fixed Deposits kept at Margin Money for LCs : 9210763
(F) Balances in banks Fixed Deposits kept at Margin Money for LCs : 62433407
66
(C) 9,26,262
9,26,262
3,58,929
12,85,191
(D) 44,21,560
44,21,560
1,20,998
45,42,558
(E) 92,10,763
1,04,95,954
(F) 6,24,33,407
6,69,75,965

Disclosure of notes on loans and advances explanatory [Text Block]
Advances To
Subsidiary
Particulars
As at
31.03.2015
As at
31.03.2014
As at
Maximum Balance Outstanding during

the year
Amount Outstanding
ABN Middle East

(Fze)
1,204,761
As at
31.03.2014
31.03.2015
1,204,761
1,204,761
32,704,165
[200700] Notes - Additional disclosures on balance sheet

01/04/2014
to
31/03/2015
Textual information
[See below]
Disclosure of additional balance sheet notes explanatory [TextBlock]

Total contingent liabilities and commitments
Amount of dividends proposed to be distributed to equity shareholders
Amount of per share dividend proposed to be distributed to equity
shareholders
Deposits accepted or renewed during period
Deposits matured and claimed but not paid during period
Deposits matured and claimed but not paid
Deposits matured but not claimed
Interest on deposits accrued and due but not paid
Share application money received during year
Share application money paid during year
Amount of share application money received back during year
Amount of share application money repaid returned back during year
Number of person share application money paid during year
Number of person share application money received during year
Number of person share application money paid as at end of year
Number of person share application money received as at end of year
Whether maintenance of cost records by company has been
mandated under Companies (Cost Records and Audit) Rules,
2014
Unclaimed share application refund money
Unclaimed matured debentures
Unclaimed matured deposits
Interest unclaimed amount
Number of warrants converted into equity shares during period
Number of warrants converted into preference shares during period
Number of warrants converted into debentures during period
Number of warrants issued during period (in foreign currency)
Number of warrants issued during period (INR)
67
01/04/2013
to
31/03/2014
(31)
0
0
0
0
[INR/shares] 0
[INR/shares] 0
0
0
0
0
0
0
0
0
0
[pure] 0
[pure] 0
[pure] 0
[pure] 0
0
0
0
0
0
0
0
0
0
[pure] 0
[pure] 0
[pure] 0
[pure] 0
No
No
0
0
0
0
[pure] 0
[pure] 0
[pure] 0
[pure] 0
[pure] 0
0
0
0
0
[pure] 0
[pure] 0
[pure] 0
[pure] 0
[pure] 0

Disclosure of additional balance sheet notes explanatory [Text Block]
TRADE PAYABLES
Particulars
As at
31.03.2015
As at
31.03.2014
(a) Micro, Small & Medium Enterprises
(b) Others
9,842,740
63,778,685
TOTAL
9,842,740
63,778,685
OTHER DISCLOSURES
1.
In the opinion of the management, the current assets, loans & advances are approx.
of the same value as stated, if realised in the ordinary course of business.
2.
Trade Payable, Trade Receivable and Loans & Advances are subject to confirmation
and reconciliation if any.
3. Provisions for all known liabilities are adequate and not in excess of amount reasonably
necessary
PREVIOUS YEAR'S FIGURES
Previous year's figures have been regrouped/rearranged wherever found necessary.
[200800] Notes - Disclosure of accounting policies, changes in accounting policies and estimates
01/04/2014
to
31/03/2015
Disclosure of accounting policies, change in accounting policies and
changes in estimates explanatory [TextBlock]
Textual
information
[See below]
Textual
information
[See below]
Disclosure of general information about company [TextBlock]
68
(32)
(33)

Disclosure of accounting policies, change in accounting policies and changes in estimates explanatory [Text Block]
1. SIGNIFICANT ACCOUNTING POLICIES:
a) Basis of Preparation:
These financial statements have been prepared to comply with the Generally Accepted Accounting Principles in India (Indian GAAP), including
the Accounting Standards notified under the relevant provisions of the Companies Act, 2013.
The financial statements are prepared on accrual basis under the historical cost convention, except for certain Fixed Assets which are carried at
revalued amounts. The financial statements are presented in Indian rupees rounded off to the nearest rupees.
The accounting policies adopted in the preparations of the financial statements are consistent with those of previous year unless otherwise stated.
b)
Presentation and disclosures of financial statements
The company has regrouped / rearranged previous year figure wherever it was found necessary.
c)
Use of Estimates:
The preparation of financial statements in conformity with Indian GAAP requires the management to make judgements, estimates and
assumptions that affect the reported amounts of revenues, expenses, assets and liabilities and the disclosure of contingent liabilities, at the end of
the reporting period. The management believes that the estimates used in preparation of the financial statements are prudent and reasonable.
Future results could defer from these estimates.
d) Fixed Assets
Tangible fixed assets are stated at cost of acquisition less accumulated depreciation. The cost comprises purchase price, borrowing cost if
capitalization criteria are met and directly attributable cost of bringing the asset to its working condition for the intended use.
Intangible fixed assets acquired separately are measured on initial recognition at cost. They are stated at cost of acquisition less accumulated
depreciation.
Gains or Losses arising from derecognition of a Tangible or intangible assets are measured as the difference between the net disposal proceeds
and the carrying amount of the asset and are recognized in the Statement of Profit and Loss when the asset is derecognized.
e)
Depreciation and Amortisation
Depreciation on Fixed Assets is provided to the extent of depreciable amount on the Written Down Value, based on useful life of the assets as
prescribed in Schedule II to the Companies Act, 2013.
Depreciation on fixed assets added / disposed off during the year has been provided on prorate basis with reference to date of addition /
discarding.
Intangible Assets
Amortisation on Intangible Assets being Software provided to the extent of useful life of computers as prescribed under Schedule II to the
Companies Act, 2013 on the basis of written down value method.
69
f)
Impairment of Assets
At each Balance Sheet date the Company assesses whether there is any indication that the Fixed Assets have suffered an impairment loss. If any
such indications exists, the recoverable amount of the asset is estimated in order to determine the extent of impairment, if any. Where it is not
possible to estimate the recoverable amount of individual asset, the company estimate the recoverable amount of the cash generating unit to which
the asset belong.
As per the assessment conducted by the company at March 31st 2015 there were no indications that the fixed assets have suffered an impairment
loss.
g)
Investments
Investments, which are readily realizable and intended to be held for not more than one year from the date on which such investments are made,
are classified as Current Investments. All other investments are classified as Long Term investment.
On initial recognition, all investments are measured at cost. The cost comprises purchase price and directly attributable acquisition charges such
as Brokerage, Fees and Duties.
Current investments are carried in the financial statements at lower of cost and fair value determined on an individual investment basis. Long term
investments are carried at cost. However, provision for diminution in value is made to recognize a decline other than temporary in the value of
investments.
On disposal of an investment, the difference between its carrying amount and net disposal proceeds is charged or credited to the Statement of
Profit and Loss.
h)
Inventories
Inventories comprising of Stock in trade are valued at Lower of cost and net realizable value.
Cost includes the purchase price and other associated cost directly incurred in brings the inventory to its present location such as custom duty,
clearing & forwarding, freight etc. but excluding Vat and Special Additional Duty(SAD). Cost is computed on FIFO basis.
Net realizable value is the estimated selling price in the ordinary course of business less estimated costs of completions and estimated cost
necessary to make the sale.
i)
Revenue Recognition
Revenue is recognized to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably
measured. The following specific recognitions criteria must also be met before revenue is recognized:
Sale of Goods
Revenue from Sale of Goods is recognized when all the significant risks and rewards of ownership of the goods have been passed to the buyer,
usually on delivery of Goods. The company collects Value added taxed (VAT) and sales taxes on behalf of the Government and, therefore, these
are not economic benefits flowing to the company. Hence they are excluded from the revenue.
Income from Services
Income from services is recognized as they are rendered, based on agreement / arrangement with the concerned parties.
Interest
70
Interest income is recognized on a time proportionate basis taking in to account the amount outstanding and the applicable interest rate.
Dividend
Dividend income is recognized when the companys right to receive Dividend is established by the reporting date.
Rent
Rent income is recognized on a time proportionate basis taking into account the applicable monthly rent.
j)
Foreign Currency Transactions
Foreign currency transactions are recorded in reporting currency by applying the rate prevailing on the date of transaction. Monetary assets and
liabilities denominated in foreign currency at the reporting date are translated at the year-end rates. Non monetary items are reported at the
exchange rate on the date of transaction. Realized gains/ (losses) on foreign currency transactions are recognized in the Profit & Loss Account.
k)
Retirement and other Employee Benefits
Short term employee benefits are recognized as an expense on accrual basis.

The company makes regular monthly contribution to the provident fund, which are in the nature of defined contribution scheme and such
paid/payable amounts are charged against revenue. The company has also made provision for Gratuity, Leave Salary, Bonus etc.
l)
Income Taxes
Income tax expenses comprise current tax and deferred tax charged 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 is recognized, on timing differences, being the difference between taxable income and accounting income that originate in one
period and are capable of reversal in one or more subsequent periods.
Deferred tax assets and liabilities are measured based on the tax rates that are expected to apply in the period when assets is realized or liability is
settled, based on taxed rates and tax laws that have been enacted or substantially enacted by the Balance Sheet date.
Deferred Tax assets in respect of unabsorbed depreciation and carry forward of losses are recognized only if there is virtual certainty that there
will be sufficient future taxable income available to realize such losses.
m) Provisions, Contingent Liabilities and Contingent Assets
Provisions are recognized when there is a present obligation as a result of past events 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. These are reviewed at each Balance Sheet date and adjusted
to reflect the current best estimate.
A present obligation that arises from past events whether it is either not probable that an outflow of resources will be required to settle or a
reliable estimate of the amount cannot be made, is disclosed as a contingent liability. Contingent Liabilities are also disclosed when there is a
possible obligation arising from past events, the existence of which will be confirmed only by the occurrence or non occurrence of one or more
uncertain future events not wholly within the control of the Company.
Claims against the Company where the possibility of any outflow of resources in settlement is remote, are not disclosed as contingent liabilities.
71
Contingent liabilities are not recognized but are disclosed and contingent assets are neither recognized nor disclosed, in the financial statements.
n)
Business Segments
More than 90% of Company operations are only in one segment i.e. Trading of goods viz Rubber and Chemicals. This in the context of
Accounting Standard 17 of Segment Reporting as specified in the Companies (Accounting Standards ) Rules 2006 are considered to constitute
one single primary segment. Further, there is no reportable secondary segment i.e. geographical segment.

Disclosure of general information about company [Text Block]
Flexilis Private Limited (the Company) is a Private Limited Company domiciled in India and incorporated under the Provisions of the Companies
Act, 1956. The company is engaged in the business as importer and dealer of Rubber, Chemical and Generation of Electricity through windmill.
The company caters to the domestic market as well as foreign market.
[201700] Notes - Government grants

01/04/2014
to
31/03/2015
Disclosure of notes on government grants explanatory [TextBlock]
Capital subsidies or grants received from government authorities
Revenue subsidies or grants received from government authorities
01/04/2013
to
31/03/2014
0
0
0
0
[201200] Notes - Employee benefits

01/04/2014
to
31/03/2015
Textual
[See below]
Disclosure of employee benefits explanatory [TextBlock]
information
(34)

Disclosure of employee benefits explanatory [Text Block]
Short term employee benefits are recognized as an expense on accrual basis.
The company makes regular monthly contribution to the provident fund, which are in the nature of defined contribution scheme and such
paid/payable amounts are charged against revenue. The company has also made provision for Gratuity, Leave Salary, Bonus etc.
72
[201600] Notes - Related party

Disclosure of relationship and transactions between related parties [Table]
..(1)

Categories of related parties [Axis]
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
Disclosure of relationship and transactions between

related parties [Abstract]
Disclosure of relationship and transactions
between
related parties [LineItems]
Country of incorporation or residence of related
party
Permanent account number of related party
CIN of related party
Description of nature of related party
relationship
Description of nature of transactions with related
party
Related party transactions [Abstract]
Purchases of goods related party transactions
Revenue from sale of goods related party
transactions
Advances taken during year related party
transactions
Interest paid during year related party
transactions
Transaction relating to key management
personnel
[Abstract]
Remuneration for key managerial personnel
Outstanding balances for related party
transactions [Abstract]
Amounts payable related party transactions
Description of other related party
transactions which are necessary for
understanding of financial statements
ABN IMPEX PRIVATE ABN IMPEX PRIVATE

SAMIR M VORA
LIMITED
LIMITED
SAMIR M VORA
INDIA
INDIA
INDIA
INDIA
AAFCQ6066Q
AAFCQ6066Q
AAAPV7335H
U51900MH2006PTC159158 U51900MH2006PTC159158
AAAPV7335H
Associate
Associate
Key
Management Key Management
Personnel
Personnel
Sales, Purchases
Sales, Purchases
REMUNERATION,
REMUNERATION,
LOAN
TAKEN,
LOAN
REPAID
45,20,080
66,62,477
25,21,462
5,22,076
2,82,00,000
7,24,00,000
53,91,886
8,58,554
96,00,000
48,00,000
3,09,33,489
Loan
Repaid
59133489
73
- Loan Repaid
85625000
..(2)

01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014

party
party
Leases as lessee related party transactions
transactions
transactions
Transaction relating to key management personnel
[Abstract]
Outstanding balances for related party
transactions [Abstract]
Amounts payable related party transactions
BHUPESH M VORA
BHUPESH
VORA
INDIA
INDIA
AAAPV7332A
AAAPV7332A
NEETA B VORA
NEETA B VORA
INDIA
INDIA
AAAPV7334G
AAAPV7334G
Relatives of Key Relatives of
Key
management
management
Personnel
Personnel
personnel
personnel
REMUNERATION,
REMUNERATION,
LOAN
TAKEN,
RENT, LOAN
RENT, LOAN
LOAN
REPAID
Key
1,75,000
2,60,00,000
2,53,00,000
31,50,000
27,50,743
12,42,741
1,12,359
96,00,000
48,00,000
35,96,266
Loan Repaid - 45757688
Loan Repaid
54025000
Loan
Repaid
9692636
..(3)

01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014

party
party
Leases as lessee related party transactions
transactions
transactions
SWATI
VORA
SAMIR SWATI
VORA
INDIA
SAMIR MANSUKHLAL D MANSUKHLAL

VORA
VORA
INDIA
INDIA
AAAPV7336E
AAAPV7336E
management
management
personnel
personnel
RENT, LOAN
74
INDIA
AAAPV7333B
AAAPV7333B
Key Relatives of Key
Relatives
of
Key
management
management personnel
personnel
RENT, LOAN
REMUNERATION REMUNERATION
1,75,000
65,00,000
37,00,000
1,14,247
15,782
Loan
Repaid
6500000
562500Remmuneration, Loan
Repaid 3700000
..(4)

01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014

party
party
Advances given during year related party
transactions
transactions
transactions
Transaction relating to key management personnel
[Abstract]
NISARG SAMIR VORA
NISARG
VORA
INDIA
INDIA
SAMIR ABN MIDLE EAST ABN MIDLE EAST

FZE
FZE
UNITED
ARAB UNITED
ARAB
EMIRATES
EMIRATES
AFDPV7443N
AFDPV7443N
Key
Subsidiary company Subsidiary company
Personnel
Personnel
REMUNERATION,
REMUNERATION,
LOAN
TAKEN,
Loans & Advances Loans & Advances
LOAN
REPAID
12,04,761
13,00,000
38,00,000
4,85,609
51,404
18,00,000
18,00,000
Loan Repaid
250000
Loan Repaid - 4896266
12,04,761
..(5)

01/04/2014
to
31/03/2015
10
01/04/2013
to
31/03/2014
01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014

party
party
transactions
transactions
SUSHILA
VORA
M.
INDIA
SUSHILA M. VORA PRIYAL B. VORA PRIYAL B. VORA

INDIA
INDIA
AACPV4630M
AACPV4630M
management
management
personnel
personnel
LOAN
AHSPV1982F
AHSPV1982F
Key Relatives of Key Relatives of Key
management
management
personnel
personnel
REMUNERATION, REMUNERATION,
LOAN
LOAN
LOAN
27,75,000
29,00,000
11,721
51,488
Loan
Repaid
2375000
75
INDIA
Loan
Repaid
2900000

01/04/2014
to
31/03/2015
Textual
information
[See below]
Yes
No
Disclosure of notes on related party explanatory [TextBlock]

Whether there are any related party transactions during year
Whether company is subsidiary company
76
01/04/2013
to
31/03/2014
(35)
Yes
No

Disclosure of notes on related party explanatory [Text Block]
Name of Related parties and description of relationship
Associates :
ABN Impex Private Limited
ABN Middle East FZE
Key Management Personnel: Director :
Samir Vora
Bhupesh Vora
Nisarg Vora
Relative of Key Management Personnel
Swati Vora
Mansukhlal D. Vora
Priyal Vora
Sushila Vora
Neeta Vora
The following table provides the total amount of transactions that have been entered into
with related parties for the relevent financial year:
(Figures given hereunder in the bracket are of previous year)
Particulars
Associate Concerns/
Subsidiary
Key Management
Personnel
Relative of Key Management

Personnel
4,520,080
a. Sales/purchase of goods and services
Purchase
Purchase of Goods
77
Sales
Office Rent Paid
Remuneration paid
Interest Paid on unsecured loans
(6,662,477)
2,521,462
(522,076)
(350,000)
21,000,000
(11,400,000)
(562,500)
8,628,238
(2,152,699)
(305,597)
55,500,000
(101,500,000)
(19,025,000)
109,787,443
(139,900,000)
(25,167,636)
(54,287,443)
b. Unsecured loans transactions during the

year
Loans taken
Loans repaid
c. Outstandings as at 31.03.2015
Unsecured Loans payable
Loans & Advances
1,204,761
(1,204,761)
78
[201400] Notes - Leases

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

01/04/2014
to
31/03/2015
Textual information
[See below]
Disclosure of earnings per share explanatory [TextBlock]

Adjustments of numerator to calculate basic earnings per share [Abstract]
Adjustments of numerator to calculate diluted earnings per share [Abstract]
01/04/2013
to
31/03/2014
(36)
1,51,77,287
2,92,24,049
1,51,77,287
2,92,24,049

Disclosure of earnings per share explanatory [Text Block]
Particulars
For the Y.E..

31.03.2015
For the Y.E.

31.03.2014
Net Profit after Tax
15,177,287
29,224,049
Weighted No. of Equity Shares outstanding during the year of Rs. 10 each
1,080,100
1,080,100
Basic and diluted Earning per EquityShare
14.05
27.06
[202800] Notes - Subsidiary information

01/04/2014
to
31/03/2015
Disclosure of subsidiary information explanatory [TextBlock]
Whether company has subsidiary companies
Whether company has subsidiary companies which are yet to commence
operations
Whether company has subsidiary companies liquidated or sold during year
79
No
No
Yes
[201900] Notes - Income taxes

31/03/2015
Disclosure of notes on income taxes explanatory [TextBlock]
Disclosure of breakup of deferred tax assets and deferred tax liabilities
[Abstract]
Components of deferred tax liabilities [Abstract]
Deferred tax liability, depreciation
Deferred tax liability, other
Total deferred tax liabilities
31/03/2014
17,03,002
31,10,095
(A) 20,42,867
37,45,869
(B) 52,60,061
83,70,156
Footnotes
(A) Impact of Section 145A : 2042867
(B) Impact of Section 145A : 5260061
[202400] Notes - Investments in associates

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

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

01/04/2014
to
31/03/2015
Disclosure of notes on other provisions, contingent liabilities and
contingent assets explanatory [TextBlock]
Disclosure of other provisions explanatory [TextBlock]
Textual
information
[See below]
80
(37)

Disclosure of notes on other provisions, contingent liabilities and contingent assets explanatory [Text Block]
CONTINGENT LIABILITIES
1.
Contingent liabilities not provided for:

a.
Claims against the co. not acknowledged as debt: NIL (NIL)
b.
Capital commitment towards new projects: NIL (NIL)
c. In respect of LCS opened against Import of Goods: 3,61,74,616/- (3,75,38,906/-)
[202700] Notes - Cash flow statements

01/04/2014
to
31/03/2015
Textual information
[See below]
Disclosure of cash flow statement explanatory [TextBlock]

Cash and cash equivalents if different from balance sheet [Abstract]
Cash and cash equivalents cash flow statement
Total cash and cash equivalents
Income taxes paid (refund) [Abstract]
Income taxes paid (refund), classified as operating activities
Total income taxes paid (refund)
81
01/04/2013
to
31/03/2014
31/03/2013
(38)
12,85,191
12,85,191
45,42,558
45,42,558
1,16,53,948
1,16,53,948
1,00,89,355
1,00,89,355
1,69,33,452

Disclosure of cash flow statement explanatory [Text Block]
Reconciliation of Cash and cash equivalents with the Balance Sheet:
Cash and cash equivalents at the end of the year *
1,285,191
4,542,558
358,929
120,998
926,262
4,421,560
1,285,191
4,542,558
* Comprises:
(a) Cash on hand
(b) Balances with banks
(i) Schedule banks current accounts
82
[100200] Statement of profit and loss

01/04/2014
to
31/03/2015
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
Revenue from sale of services
Total revenue from operations other than finance company
Total revenue from operations
Other income
Total revenue
Expenses [Abstract]
Cost of materials consumed
Purchases of stock-in-trade
Changes in inventories of finished goods, work-in-progress and
stock-in-trade
Employee benefit expense
Finance costs
Depreciation, depletion and amortisation expense [Abstract]
Depreciation expense
Total depreciation, depletion and amortisation expense
CSR expenditure
Other expenses
Total expenses
Total profit before prior period items, exceptional items, extraordinary
items and tax
Total profit before extraordinary items and tax
Total profit before tax
Tax expense [Abstract]
Current tax
Deferred tax
Total tax expense
Total profit (loss) for period from continuing operations
Total profit (loss) for period before minority interest
Total profit (loss) for period
Earnings per equity share [Abstract]
Basic earning per equity share
Diluted earnings per equity share
83
01/04/2013
to
31/03/2014
126,05,14,902
21,85,792
126,27,00,694
126,27,00,694
95,00,932
127,22,01,626
124,86,74,247
26,44,180
125,13,18,427
125,13,18,427
1,43,29,193
126,56,47,620
0
101,43,11,458
0
101,55,70,952
4,33,56,931
49,21,669
1,41,65,262
1,39,56,602
1,69,75,162
1,45,95,559
99,75,519
99,75,519
0
15,42,28,904
124,99,94,676
49,44,157
49,44,157
0
16,77,95,228
122,48,02,727
2,22,06,950
4,08,44,893
2,22,06,950
2,22,06,950
4,08,44,893
4,08,44,893
1,16,53,951
-46,24,288
70,29,663
1,51,77,287
1,51,77,287
1,51,77,287
1,00,89,355
15,31,489
1,16,20,844
2,92,24,049
2,92,24,049
2,92,24,049
[INR/shares] 14.05
[INR/shares] 14.05
[INR/shares] 27.06
[INR/shares] 27.06
[300500] Notes - Subclassification and notes on income and expenses

01/04/2014
to
31/03/2015
01/04/2013
to
31/03/2014
(A) 126,05,14,902
126,05,14,902
(B) 124,86,74,247
124,86,74,247
(C) 21,85,792
21,85,792
(D) 26,44,180
26,44,180
(E) 17,28,865
17,28,865
17,28,865
(F) 10,83,488
10,83,488
10,83,488
0
0
1,29,659
1,29,659
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
Total revenue from sale of products
Disclosure of revenue from sale of services [Abstract]
Revenue from sale of services [Abstract]
Revenue from sale of services, gross
Total revenue from sale of services
Disclosure of other income [Abstract]
Interest income [Abstract]
Total interest income
Dividend income [Abstract]
Dividend income long-term investments [Abstract]
Dividend income long-term investments from subsidiaries
Total dividend income long-term investments
Total dividend income
Net gain/loss on sale of investments [Abstract]
Net gain/loss on sale of current investments
Total net gain/loss on sale of investments
Other non-operating income [Abstract]
Net gain/loss on foreign currency fluctuations treated as other
income
Income government grants subsidies
Income export incentives
(G) 0
20,248
0
Income insurance claims

Income on brokerage commission
Miscellaneous other non-operating income
Total other non-operating income
Total other income
Disclosure of finance cost [Abstract]
Interest expense [Abstract]
Other interest charges
Total interest expense
Other borrowing costs
Total finance costs
Employee benefit expense [Abstract]
Salaries and wages
Contribution to provident and other funds [Abstract]
Contribution to provident and other funds for others
Total contribution to provident and other funds
Gratuity
Staff welfare expense
Total employee benefit expense
Breakup of other expenses [Abstract]
Consumption of stores and spare parts
Power and fuel
Rent
Repairs to building
Repairs to machinery
84
(H) 1,02,15,954
52,615
84,700
0
(I) 49,03,992
17,95,623
21,07,777
(J) 10,52,204
77,72,067
95,00,932
(K) 6,55,000
1,31,16,046
1,43,29,193
(L) 90,78,676
90,78,676
(M) 46,53,507
46,53,507
(N) 48,77,926
1,39,56,602
(O) 99,42,052
1,45,95,559
1,22,62,998
1,35,97,944
2,05,854
2,05,854
6,02,973
10,93,437
1,41,65,262
71,548
71,548
2,28,638
30,77,032
1,69,75,162
0
0
0
0
(P) 6,49,670
8,02,813
6,45,225
(Q) 19,70,303
6,96,317
6,28,159
Insurance
Rates and taxes excluding taxes on income [Abstract]
Total rates and taxes excluding taxes on income
Subscriptions membership fees
Electricity expenses
Telephone postage
Printing stationery
Travelling conveyance
Legal professional charges
Directors sitting fees
Managerial remuneration [Abstract]
Remuneration to directors [Abstract]
Salary to directors
Total remuneration to directors
Total managerial remuneration
Seminars conference expenses
Advertising promotional expenses
Commission paid other selling agents
Transportation distribution expenses
Secondary packing expenses
Cost information technology [Abstract]
Total cost information technology
Cost warehousing
Provision bad doubtful debts created
Provision bad doubtful loans advances created
Write-off assets liabilities [Abstract]
Miscellaneous expenditure written off [Abstract]
Total miscellaneous expenditure written off
Bad debts written off
Bad debts advances written off
Loss on disposal of intangible asset
Loss on disposal, discard, demolishment and destruction of depreciable
tangible asset
Payments to auditor [Abstract]
Payment for audit services
Payment for taxation matters
Payment for other services
Total payments to auditor
Miscellaneous expenses
Total other expenses
Current tax [Abstract]
Current tax pertaining to previous years
Current tax pertaining to current year
Total current tax
85
15,05,210
9,38,224
0
60,267
3,32,567
0
77,088
4,01,174
(R) 12,67,785
4,59,175
(S) 12,86,048
2,64,254
(T) 44,22,598
7,55,424
0
(U) 29,83,167
6,25,511
0
2,10,00,000
2,10,00,000
2,10,00,000
1,14,00,000
1,14,00,000
1,14,00,000
(V) 4,495
(W) 2,40,186
(X) 5,05,279
(Y) 3,45,209
(Z) 22,98,322
(AA) 31,20,846
(AB) 81,67,706
(AC) 77,20,899
(AD) 3,36,261
(AE) 1,81,502
0
14,78,534
72,51,428
0
0
11,22,877
2,05,000
0
0
0
0
0
0
0
0
0
1,00,000
1,17,500
(AF) 1,00,000
(AG) 90,000
(AH) 24,720
2,24,720
(AI) 33,373
2,40,873
(AJ) 10,20,61,425
15,42,28,904
(AK) 13,33,47,591
16,77,95,228
(AL) 6,11,081
1,10,42,870
1,16,53,951
1,00,61,555
1,00,89,355
27,800
Footnotes
(A) Traded Goods : Rubber and Chemicals : 1260514902
(B) Traded Goods : Rubber and Chemicals : 1248674247
(C) Electricity Supply by Windmill Division : 2185792
(D) Electricity Supply by Windmill Division : 2644180
(E) Dividend Income : 1728865
(F) Dividend Income : 1083488
(G) Exchange Fluctuation Gain : 0
(H) Exchange Fluctuation Gain : 10215954
(I) Keyman Insurance Maturity
(J) Godown Rent Received : 720500 Other Income : 16276 Speculation Gain on Currencies/commodity : 315428
(K) Godown Rent Received : 655000
(L) Interest expenses has been shown as net off with Interest Received Rs. 12,05,470/- from operational activity
(M) Interest expenses has been shown as net off with Interest Received Rs. 15,48,719/- from operational activity
(N) Bank Charges & Commission : 4877926
(O) Bank Charges & Commission : 9942052
(P) Rent : 649670 Godown Rent : 0
(Q) Rent : 1771210 Godown Rent : 199093
(R) Telephone Expenses : 998480 Postage & Telegram : 269305
(S) Telephone Expenses : 1024739 Postage & Telegram : 261309
(T) Conveyance : 1250000 Travelling Expenses (Foreign) : 1118932 Travelling Expenses : 2053666
(U) Conveyance : 1204363 Travelling Expenses (Foreign) : 249507 Travelling Expenses : 1529297
(V) Seminar Fees : 4495
(W) Seminar Fees : 240186
(X) Advertisement Expenses : 278139 Sales Promotion Expenses : 227140
(Y) Advertisement Expenses : 189347 Sales Promotion Expenses : 155862
(Z) Brokerage & Commission : 2150 Brokerage & Commission : 0 Commission & Brokerage : 2296172
(AA) Brokerage & Commission : 5045 Brokerage & Commission : 79125 Commission & Brokerage : 3036676
(AB) Transport Charges : 6151639 Transport Charges : 2016067
(AC) Transport Charges : 6276024 Transport Charges : 1444875
(AD) Packing Material : 147723 Packing Expenses : 188538
(AE) Packing Material : 985 Packing Expenses : 180517
(AF) Towards Tax Audit Fees : 50000 Towards Income Tax consultancy : 50000
(AG) Towards Tax Audit Fees : 0 Towards Income Tax consultancy : 90000
(AH) Service tax on all these above : 24720
(AI) Service tax on all these above : 33373
(AJ) Clearing & Forwarding Charges : 6363049 Custom Duty : 35291894 License Consumed : 50178110 Import Bond : 0 Grading &
Testing Charges : 46457 Foreign Exchange Fluctuation Loss : 828884 Input Tax (Not Creditable) : 1058284 Speculation Loss (Currency)
: 0 Keyman Insurance Premium : 0 Miscellaneous Expenses : 1063159 Clearing & Forwarding (Sales) : 733652 Coolie & Cartage :
2209798 Entry Tax Expenses : 310534 Exhibition Expenses : 1696434 Rebate & Discount : 94836 Sales Tax / CST : 2186335
(AK) Clearing & Forwarding Charges : 7899435 Custom Duty : 37191526 License Consumed : 49760195 Import Bond : 29079442
Grading & Testing Charges : 33559 Foreign Exchange Fluctuation Loss : 0 Input Tax (Not Creditable) : 4939038 Speculation Loss
(Currency) : 132376 Keyman Insurance Premium : 765299 Miscellaneous Expenses : 791390 Clearing & Forwarding (Sales) : 1538505
Coolie & Cartage : 746819 Entry Tax Expenses : 340893 Exhibition Expenses : 0 Rebate & Discount : 0 Sales Tax / CST : 76614
(AL) Short provision for tax adjustment in respect of earlier years (Net): 589183 Wealth tax: 21898
86
[300600] Notes - Additional information statement of profit and loss

01/04/2014
to
31/03/2015
Textual information
[See below]
Additional information on profit and loss account explanatory [TextBlock]

Changes in inventories of stock-in-trade
01/04/2013
to
31/03/2014
(39)
(A) 4,33,56,931
(B) 49,21,669
4,33,56,931
49,21,669
(C) 21,85,792
(D) 26,44,180
(E) 21,85,792
0
0
0
0
120,95,46,016
120,95,46,016
5,09,68,886
5,09,68,886
126,05,14,902
21,85,792
21,85,792
0
0
(F) 26,44,180
0
0
0
0
120,01,13,681
120,01,13,681
4,85,60,566
4,85,60,566
124,86,74,247
26,44,180
26,44,180
0
0
Total changes in inventories of finished goods, work-in-progress and

stock-in-trade
Revenue other services
Total gross income from services rendered
Expenditure on dividend paid
Total expenditure in foreign currency
Total amount of dividend remitted in foreign currency
Total earnings in foreign currency
Domestic sale traded goods
Total domestic turnover goods, gross
Export sale traded goods
Total export turnover goods, gross
Total revenue from sale of products
Domestic revenue services
Total revenue from sale of services
Gross value of transaction with related parties as per AS-18
Bad debts of related parties as per AS-18
Footnotes
(A) At the end of the year : 73888162 Less: At the beginning of the year : -117245093
(B) At the end of the year : 117245093 Less: At the beginning of the year : -122166762
(C) Electricity Supply by Windmill Division
(D) Electricity Supply by Windmill Division
(E) Electricity Supply by Windmill Division : 2185792
(F) Electricity Supply by Windmill Division : 2644180

Additional information on profit and loss account explanatory [Text Block]
FOREIGN CURRENCY TRANSACTIONS
Earnings in foreign exchange
Rs.5,13,06,393/-(4,93,09,763/-)
Expenditure in foreign exchange
Rs.4,06,044/-(50,638/-)
Value of imports calculated on CIF basis
Rs.41,68,15,847/-(57,20,46,202/-)
PREVIOUS YEAR'S FIGURES

Previous year's figures have been regrouped/rearranged wherever found necessary.
87
[300100] Notes - Revenue

01/04/2014
to
31/03/2015
Textual
[See below]
Disclosure of revenue explanatory [TextBlock]
information
(40)

Disclosure of revenue explanatory [Text Block]
Revenue is recognized to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably
measured. The following specific recognitions criteria must also be met before revenue is recognized:
Sale of Goods
Revenue from Sale of Goods is recognized when all the significant risks and rewards of ownership of the goods have been passed to the buyer,
usually on delivery of Goods. The company collects Value added taxed (VAT) and sales taxes on behalf of the Government and, therefore, these
are not economic benefits flowing to the company. Hence they are excluded from the revenue.
Income from Services
Income from services is recognized as they are rendered, based on agreement / arrangement with the concerned parties.
Interest
Interest income is recognized on a time proportionate basis taking in to account the amount outstanding and the applicable interest rate.
Dividend
Dividend income is recognized when the companys right to receive Dividend is established by the reporting date.
Rent
Rent income is recognized on a time proportionate basis taking into account the applicable monthly rent.
88
[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]
01/04/2014
to
31/03/2015
01/04/2014
to
31/03/2015
01/04/2014
to
31/03/2015
Disclosure of key managerial personnels and directors and

remuneration to key managerial personnels and directors [Abstract]
Disclosure of key managerial personnels and directors and
remuneration to key managerial personnels and directors
[LineItems]
Samir
Vora
Name of key managerial personnel or director

Director identification number of key managerial personnel or
director
Permanent account number of key managerial personnel or director
Date of birth of key managerial personnel or director
Mansukhlal Bhupesh Mansukhlal NISARG

Vora
VORA
00204005
00204058
AAAPV7335H
25/11/1960
AAAPV7332A
13/08/1962
SAMIR
03556673
AFDPV7443N
25/07/1988
(A)
Whole Time
Whole Time Director Whole Time Director
Director
B.SC
B.Com
Bachlor in Chemical
[shares] 4,77,500
[shares] 5,27,500
[shares] 56,000
Designation of key managerial personnel or director

Qualification of key managerial personnel or director
Shares held by key managerial personnel or director
Key managerial personnel or director remuneration [Abstract]
Gross salary to key managerial personnel or director [Abstract]
Salary key managerial personnel or director
Gross salary to key managerial personnel or director
Total key managerial personnel or director remuneration
96,00,000
96,00,000
96,00,000
96,00,000
96,00,000
96,00,000
18,00,000
18,00,000
18,00,000
Footnotes
(A) Executive Director
[301000] Notes - Corporate social responsibility

01/04/2014
to
31/03/2015
Disclosure of corporate social responsibility explanatory [TextBlock]
Whether provisions of corporate social responsibility are applicable on
company
No
89
01/04/2013
to
31/03/2014
No

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

[400100] Disclosure of general information about company

Address of registered office of company

Disclosure of principal product or services [Table]

Unless otherwise specified, all monetary values are in INR

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

[400400] Disclosures - Directors report

Unless otherwise specified, all monetary values are in INR

Name of related party

Description of nature of related party relationship

Details of material contracts/arrangements/transactions at arm's length basis [Abstract]

Description of nature of related party relationship

Description of nature of material contracts/arrangements/transactions with related party

ABN Impex Private

Unless otherwise specified, all monetary values are in INR

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

Unless otherwise specified, all monetary values are in INR

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

Details of directors signing board report [Table]

Unless otherwise specified, all monetary values are in INR

Details of signatories of board report [Abstract]

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

Unless otherwise specified, all monetary values are in INR

Disclosure in board of directors report explanatory [TextBlock]

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

Disclosures relating to amount recommended to be paid as dividend

Disclosure of statement on declaration given by independent directors

Disclosure for companies covered under section 178(1) on

Disclosure of statement on development and implementation of risk

Details on policy development and implementation by company on

Disclosure of financial summary or highlights [TextBlock]

Disclosure of change in nature of business [TextBlock]

Details of directors or key managerial personnels who were

Disclosure of companies which have become or ceased to be its

Details of deposits which are not in compliance with requirements

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

Details of significant and material orders passed by

Number of meetings of board

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

Textual information (1)

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

Textual information (2)

Textual information (3)

Textual information (4)

Textual information (5)

Textual information (6)

Textual information (7)

Textual information (8)

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

Textual information (9)

Textual information (10)

Details of contracts or arrangements or transactions not at arm's length basis:

Justification for entering

Details of contracts or arrangements or transactions at arm's length basis:

Sale and Purchase of Rubber,

Salient terms of the contracts or

Sale and Purchase of Rubber,

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

Textual information (11)

REGISTRATION & OTHER DETAILS:

Name of the Company