XBRL Financial Statements Sales Revenue PDF

Hicare Services Private Limited
Standalone Financial Statements for period 01/04/2017 to 31/03/2018
[400100] Disclosure of general information about company

Unless otherwise specified, all monetary values are in INR
01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Corporate identity number U29294MH1993PTC072222
Permanent account number of entity AAACG0539K
1303 / 1304, 13th Floor,
Jaswanti Landmark Mehra
Address of registered office of company Industrial Estate,
L.B.S.Marg, Vikhroli
West Mumbai Maharashtra INDIA 400079
Commercial and
Type of industry Industrial
Company limited by
Category/sub-category of company Shares/Non-govt company
Whether company is listed company No
Date of board meeting when final accounts were approved 24/09/2018
Period covered by financial statements 01-04-2017 To 31-03-2018 01-04-2016 To 31-03-2017
Date of start of reporting period 01/04/2017 01/04/2016
Date of end of reporting period 31/03/2018 31/03/2017
Nature of report standalone consolidated Standalone
Content of report Financial Statements
Description of presentation currency INR
Level of rounding used in financial statements Actual
Type of cash flow statement Indirect Method
Whether company is maintaining books of account and other
Yes
relevant books and papers in electronic form
1303 / 1304, 13th Floor
, Jaswanti Landmark
Complete postal address of place of maintenance of computer Mehra I n d u s t r i a l Es t a
servers (storing accounting data) t e , L.B.S.Ma rg, Vikhrol
i West Mumbai City MH
400079 IN
Name of city of place of maintenance of computer servers (storing
Mumbai City
accounting data)
Name of state/ union territory of place of maintenance of
Maharashtra
computer servers (storing accounting data)
Pin code of place of maintenance of computer servers (storing
400079
accounting data)
Name of district of place of maintenance of computer servers
Mumbai
(storing accounting data)
ISO country code of place of maintenance of computer servers
+91
Name of country of place of maintenance of computer servers
India
Phone (with STD/ ISD code) of place of maintenance of computer
+91 22 61407000
servers (storing accounting data)
Hicare Services Private Limited Standalone Financial Statements for period 01/04/2017 to 31/03/2018
Disclosure of principal product or services [Table] ..(1)

Types of principal product or services [Axis] Column1
01/04/2017
to
31/03/2018
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 9997
Description of product or service category other Miscellaneous
Turnover of product or service category 72,55,11,029
Highest turnover contributing product or service (ITC 8 digit) code 99979900
Description of product or service Miscellaneous
Turnover of highest contributing product or service 72,55,11,029
[400400] Disclosures - Directors report
Details of indebtedness of company [Table] ..(1)

Secured loans excluding deposits
Indebtedness [Axis] Indebtedness [Member]
[Member]
01/04/2017 01/04/2017
to 31/03/2017 to 31/03/2017
31/03/2018 31/03/2018
Details of indebtedness of company [Abstract]
Details of indebtedness of company [LineItems]
Changes in indebtedness [Abstract]
Addition in indebtedness 6,13,95,324 60,12,036
Reduction in indebtedness 14,24,74,697 3,48,84,188
Total changes in indebtedness -8,10,79,373 -2,88,72,152
Principal amount at end of financial year 5,85,71,430 13,71,42,858 2,85,71,430 5,71,42,858
Interest due but not paid at end of financial
0 0 0 0
year
Interest accrued but not due at end of
3,09,746 28,17,691 2,98,650 5,99,374
financial year
Total indebtedness at end of financial year 5,88,81,176 13,99,60,549 2,88,70,080 5,77,42,232
Details of indebtedness of company [Table] ..(2)

Indebtedness [Axis] Unsecured loans [Member]
01/04/2017
to 31/03/2017
31/03/2018
Details of indebtedness of company [Abstract]
Details of indebtedness of company [LineItems]
Changes in indebtedness [Abstract]
Addition in indebtedness 5,53,83,288
Reduction in indebtedness 10,75,90,509
Total changes in indebtedness -5,22,07,221
Principal amount at end of financial year 3,00,00,000 8,00,00,000
Interest due but not paid at end of financial year 0 0
Interest accrued but not due at end of financial year 11,096 22,18,317
Total indebtedness at end of financial year 3,00,11,096 8,22,18,317
2
Details of shareholding of promoters [Table] ..(1)

Promoters [Axis] GoodLifeProductsLimited
01/04/2017
to
31/03/2018
Total number of shares held at end of period [shares] 5,96,661
Percentage of total shares held at end of period 4.81%
Percentage of change in shares held during year 0.36%
Details of shareholding of promoters [Abstract]
Details of shareholding of promoters [LineItems]
Shareholder’s name GoodLifeProductsLimited
Particulars of holding, subsidiary and associate companies [Table] ..(1)

Particulars of companies [Axis] PRIVATELIMITED
01/04/2017
to
31/03/2018
Particulars of holding, subsidiary and associate companies [Abstract]
Particulars of holding, subsidiary and associate companies [LineItems]
TRUE NORTH
Name of company TRUSTEESHIP PRIVATE
LIMITED
GROUND FLOOR,
ROCKLINES HOUSE, 9/2,
Address of company MUSEUM ROAD,
BANGALORE, Karnataka,
560001, India,
Country of incorporation of company India
CIN of company U74140KA2006PTC040274
Type of company PRIVATELIMITED
Percentage of shares held 95.00%
Applicable section 2(46)
Details of directors signing board report [Table] ..(1)

Directors signing board report [Axis] HARESHRAMCHAWLA MAHENDRANARUMUGHAM
01/04/2017 01/04/2017
to to
31/03/2018 31/03/2018
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 HARESH MAHENDRAN
Middle name of director RAM
Last name of director CHAWLA ARUMUGHAM
Designation of director Nominee Director Nominee Director
Director identification number of director 00029828 00242423
Date of signing board report 24/09/2018 24/09/2018
3
Details of change in promoters’ shareholding [Table] ..(1)

Promoters [Axis] GoodLifeProductsLimited
Shareholding at Cumulative
Change in shareholding [Axis] beginning of year shareholding during
[Member] year [Member]
01/04/2017 01/04/2017
to to
31/03/2018 31/03/2018
Total number of shares held at end of period [shares] 5,96,661 [shares] 5,96,661
Percentage of total shares held at end of period 4.18% 4.18%
Details of change in promoters’ shareholding [Abstract]
Details of change in promoters’ shareholding [LineItems]
Name of promoter GoodLifeProductsLimited GoodLifeProductsLimited
Increase decrease in shareholding during year [shares] 0 [shares] 0
Percentage increase decrease in shareholding during year 0.36% 0.36%
Details of shareholding pattern [Table] ..(1)

Shareholding pattern [Axis] Shareholders [Member] Promoters [Member]
01/04/2017 01/04/2017
to 31/03/2017 to 31/03/2017
31/03/2018 31/03/2018
Details of shareholding pattern [Abstract]
Details of shareholding pattern [LineItems]
Number of demat shares held at end of period [shares] 1,18,14,332 [shares] 1,09,41,774 [shares] 0 [shares] 0
Number of physical shares held end of period [shares] 5,96,661 [shares] 5,96,661 [shares] 5,96,661 [shares] 5,96,661
Total number of shares held at end of period [shares] 1,24,10,993 [shares] 1,15,38,435 [shares] 5,96,661 [shares] 5,96,661
Percentage of total shares held at end of period 100.00% 100.00% 4.81% 5.17%
Percentage of change in shares held during year 0.00% 0.00%
Percentage of total shares held at end of
100.00% 100.00% 4.81% 5.17%
period
100.00% 100.00% 4.81% 5.17%
period
4

Shareholding pattern [Axis] Indian [Member] Corporate bodies [Member]
01/04/2017 01/04/2017
to 31/03/2017 to 31/03/2017
31/03/2018 31/03/2018
Number of demat shares held at end of period [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of physical shares held end of period [shares] 5,96,661 [shares] 5,96,661 [shares] 5,96,661 [shares] 5,96,661
Total number of shares held at end of period [shares] 5,96,661 [shares] 5,96,661 [shares] 5,96,661 [shares] 5,96,661
4.81% 5.17% 4.81% 5.17%
period
4.81% 5.17% 4.81% 5.17%
period

Shareholding pattern [Axis] Public shareholding [Member] Institutions [Member]
01/04/2017 01/04/2017
to 31/03/2017 to 31/03/2017
31/03/2018 31/03/2018
Number of demat shares held at end of period [shares] 1,18,14,332 [shares] 1,09,41,774 [shares] 1,18,14,322 [shares] 1,09,41,774
Number of physical shares held end of period [shares] 0 [shares] 0 [shares] 0 [shares] 0
Total number of shares held at end of period [shares] 1,18,14,332 [shares] 1,09,41,774 [shares] 1,18,14,322 [shares] 1,09,41,774
95.19% 94.83% 95.19% 94.83%
period
95.19% 94.83% 95.19% 94.83%
period
5

Non institutions
Non institutions
Shareholding pattern [Axis] Venture capital funds [Member] corporate bodies
[Member]
[Member]
01/04/2017 01/04/2017 01/04/2017
to 31/03/2017 to to
31/03/2018 31/03/2018 31/03/2018
Number of demat shares held at end of period [shares] 1,18,14,322 [shares] 1,09,41,774 [shares] 10 [shares] 10
Number of physical shares held end of period [shares] 0 [shares] 0 [shares] 0 [shares] 0
Total number of shares held at end of period [shares] 1,18,14,322 [shares] 1,09,41,774 [shares] 10 [shares] 10
Percentage of change in shares held during year 0.00% 0.00% 0.00%
Percentage of change in shares held during year 0.00% 0.00% 0.00%
95.19% 94.83% 0.00% 0.00%
period
95.19% 94.83% 0.00% 0.00%
period

Indian corporate
Shareholding pattern [Axis]
bodies [Member]
01/04/2017
to
31/03/2018
Number of demat shares held at end of period [shares] 10
Number of physical shares held end of period [shares] 0
Total number of shares held at end of period [shares] 10
6
Details of principal business activities contributing 10% or more of total turnover of company [Table] ..(1)
Product/service 1 Product/service 2 Product/service 3
Principal business activities of company [Axis]
[Member] [Member] [Member]
01/04/2017 01/04/2017 01/04/2017
to to to
31/03/2018 31/03/2018 31/03/2018
Details of principal business activities contributing 10% or more
of total turnover of company [Abstract]
Details of principal business activities contributing 10% or
more of total turnover of company [LineItems]
Pest Control
Name of main product/service Products and Cleaning Solutions Bird Netting
Services
Pest Control
Description of main product/service Products and Cleaning Solutions Bird Netting
Services
NIC code of product/service 81210 81210 81210
Percentage to total turnover of company 90.90% 3.30% 5.80%
Details of shareholding pattern of top 10 shareholders [Table] ..(1)

Name of top 10 shareholder [Axis] Top 1 shareholder [Member] Top 2 shareholder [Member]
Cumulative Cumulative
Shareholding at Shareholding at
shareholding shareholding
Change in shareholding [Axis] beginning of year beginning of year
during year during year
[Member] [Member]
[Member] [Member]
01/04/2017 01/04/2017 01/04/2017 01/04/2017
to to to to
31/03/2018 31/03/2018 31/03/2018 31/03/2018
Increase decrease in shareholding during year [shares] 8,72,548 [shares] 8,72,548 [shares] 0 [shares] 10
Percentage increase decrease in
0.36% 0.36% 0.00% 0.00%
shareholding during year
95.19% 95.19% 0.00% 0.00%
period
Details of shareholding pattern of top 10
shareholders [Abstract]
Details of shareholding pattern of top 10
shareholders [LineItems]
True North True North
Benett Coleman and Benett Coleman and
Name of shareholder Trusteeship Private Trusteeship Private
Company Limited Company Limited
Limited Limited
Percentage increase decrease in shareholding
0.36% 0.36% 0.00% 0.00%
during year
Percentage increase decrease in
0.36% 0.36% 0.00% 0.00%
shareholding during year
95.19% 95.19% 0.00% 0.00%
period
7

01/04/2017
to
31/03/2018
Textual information (1)
Disclosure in board of directors report explanatory [TextBlock] [See below]
Description of state of companies affair [See below]
DIVIDEND & RESERVES: In
view of the Company having
carried over loss; your
Disclosure relating to amounts if any which is proposed to carry to any
Directors neither
reserves recommend any Dividend
nor propose to transfer
any amount to reserves.
DIVIDEND & RESERVES: In
view of the Company having
carried over loss; your
Disclosures relating to amount recommended to be paid as dividend Directors neither
recommend any Dividend
nor propose to transfer
any amount to reserves.
Details regarding energy conservation [See below]
Details regarding technology absorption [See below]
Foreign Exchange
Earnings - Nil. Foreign
Details regarding foreign exchange earnings and outgo Exchange Outgo - Rs.
9,909,712
Disclosures in director’s responsibility statement [See below]
Details of material changes and commitment occurred during period
No Change
affecting financial position of company
Particulars of loans guarantee investment under section 186 [TextBlock]
Particulars of contracts/arrangements with related parties under section Textual information (6)
188(1) [TextBlock] [See below]
Whether there are contracts/arrangements/transactions not at arm's
No
length basis
Whether there are material contracts/arrangements/transactions at
No
arm's length basis
Disclosure of extract of annual return as provided under section 92(3) Textual information (7)
[TextBlock] [See below]
Details of change in promoters shareholding [TextBlock] [See below]
Details of shareholding pattern of directors and key managerial
NIL
personnel [TextBlock]
Disclosure of statement on declaration given by independent directors
NA
under section 149(6) [TextBlock]
Disclosure for companies covered under section 178(1) on
directors appointment and remuneration including other matters [See below]
provided under section 178(3) [TextBlock]
Disclosure of statement on development and implementation of risk Textual information (10)
management policy [TextBlock] [See below]
Details on policy development and implementation by company on
corporate social responsibility initiatives taken during year [See below]
[TextBlock]
Disclosure as per rule 8(5) of companies accounts rules 2014 [TextBlock]
Disclosure of financial summary or highlights [TextBlock] [See below]
Disclosure of change in nature of business [TextBlock] [See below]
Details of directors or key managerial personnels who were Textual information (14)
appointed or have resigned during year [TextBlock] [See below]
Disclosure of companies which have become or ceased to be its
subsidiaries, joint ventures or associate companies during [See below]
year [TextBlock]
Details relating to deposits covered under chapter v of companies act Textual information (16)
Details of deposits which are not in compliance with requirements
NA
of chapter v of act [TextBlock]
8
Details of significant and material orders passed by

regulators or courts or tribunals impacting going concern NA
status and company’s operations in future [TextBlock]
Details regarding adequacy of internal financial controls with Textual information (17)
reference to financial statements [TextBlock] [See below]
Disclosure of contents of corporate social responsibility policy Textual information (18)
Disclosure of appointment and remuneration of managerial personnels Textual information (19)
Disclosures relating to employee stock option scheme explanatory Textual information (20)
Number of meetings of board 9
9
Disclosure in board of directors report explanatory [Text Block]

DIRECTORS' REPORT
To,
The Members,
Hicare Services Private Limited ("the Company")
Your Board of Directors ("Board") is pleased to present the 25thAnnual Report on the business and operations of the Company along with
financial statements for the year ended 31stMarch, 2018.
FINANCIAL RESULTS:
The financial results of the Company for the Financial Year 2017-18 are summarized as under:
F.Y. 2017-18 F.Y. 2016-17

Particulars
Rs. Rs.
Total Revenue 732,867,841 902,605,249
Profit / (Loss) before Interest, Depreciation and Tax (204,765,735) (381,446,033)
Less: Interest 6,401,319 19,116,378
Less: Depreciation 16,141,943 14,959,197
Profit/ (Loss) Before Tax 227,308,994 (415,521,608)
Tax Adjustment- Prior Years 63,485 -
Deferred Tax - 1,444,046
Net Profit/ (Loss) after Tax (227,372,479) (416,965,654)
Add: Amount brought forward from previous year (842,882,129) (425,916,475)
10
Appropriations: - -
Less: Adjustment due to change in useful life of fixed assets - -
Balance carried forward to Balance Sheet (1,070,254,610) (842,882,129)
DIVIDEND and RESERVES:
In view of the Company having carried over loss; The Board of Directors neither recommend any dividend nor propose to transfer any amount to
reserves.
INCREASE IN SHARE CAPITAL:
The Board of Directors of the Company in their meeting held on 27th March, 2018 approved and executed Share Cum Warrant Subscription
Agreement ("SWSA") with Benett Coleman and Company Limited (BCCL) to offer:
(i) 10 (Ten) equity shares of the Company ("Initial Shares") to BCCL at a price of INR 196/- (Rupees One Hundred and Ninety Six) per equity
share aggregating to INR 1,960/- (Rupees One Thousand Nine Hundred and Sixty)("Initial Subscription Amount");and
(ii) 2 (Two) Convertible Warrants of Rs. 19,50,00,0000/- (Rupees Nineteen Crore Fifty Lakh Only) per warrant aggregating to Rs. 39,00,00,000/-
(Rupees Thirty Nine Crores Only) , with initial warrant subscription amount of Rs. 1,95,00,000 (Rupees One Crore Ninety Five Lakh Only) per
warrant, aggregating to Rs. 3,90,00,000/- (Rupees Three Crore Ninety Lakh Only) being the "warrant Subscription amount".
as per agreed terms and to which members of the Company have also accorded their consent.
STATE OF COMPANY'S AFFAIRS:
Management's strategy to spend amount on Company's brand building, marketing, investing in human resources have resulted in operational loss,
which has been in alignment of the Company's business plan.
CHANGE(S) IN THE NATURE OF BUSINESS:
During the year under review, there was no change in the Company's nature of business.
11
SUBSIDIARY COMPANIES, JOINT VENTURE OR ASSOCIATE COMPANIES:
During the year under review, the Company had no Subsidiary, Joint Ventures or Associate Company.
INTERNAL FINANCIAL CONTROLS WITH REFERENCE TO FINANCIAL STATEMENTS:
The Company has adequate internal controls and processes in place with respect to its financial statements which provides reasonable assurance
regarding the reliability of financial reporting and the preparation of financial statements. These controls and processes are driven through various
policies, and procedures. The process and controls are also reviewed by the Statutory Auditors. The Company prepares financial statements in
accordance with applicable Accounting Standards issued by the ICAI and in accordance with the Companies Act, 2013.
DEPOSITS:
The Company has not accepted any deposits from the public within the meaning of section 73 of the Companies Act, 2013 read with the
Companies (Acceptance of Deposits) Rules, 2014.
STATUTORY AUDIT AND AUDITOR'S REPORT:
B S R and Co. LLP, Chartered Accountant (Firm Registration No:- 116231W/W-100024) were appointed as Auditor of the Company to hold
office till the conclusion of the Annual General Meeting to be held in the calendar year 2019.
EXPLANATIONS OR COMMENTS BY THE BOARD ON QUALIFICATIONS, RESERVATIONS OR ADVERSE REMARKS OR

DISCLAIMER IN THE AUDITORS' REPORT:
There is no qualification in the Auditors' report.
EXTRACT OF ANNUAL RETURN:
An extract of the Annual Return in Form MGT-9 pursuant to section 92(3) of the Companies Act, 2013 and Rule 12 of the Companies
(Management and Administration) Rules, 2014 is provided asAnnexure - Ito this Report.
12
CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNINGS AND OUTGO:
The Company is taking adequate steps to conserve the energy at all levels and also implementing various measures for reduction in consumption
of energy.
FOREIGN EXCHANGE EARNING AND OUTGO:
During the year under review, Foreign exchange earnings and Outgo are as follows:
F.Y. 2017-18 F. Y. 2016-17

Foreign Exchange
Rs. Rs.
Foreign Exchange Earnings NIL NIL
Foreign Exchange Outgo 9,909,712 11,809,969
CORPORATE SOCIAL RESPONSIBILITY:
The Board of Directors at its meeting held on 26thMarch, 2015 constituted a CSR committee to formulate Corporate Social Responsibility
("CSR") Policy for the Company pursuant to the provisions of section 135 of the Companies Act, 2013 read with the Companies (Corporate
Social Responsibility Policy) Rules, 2014. CSR policy of the Company is available in the Company website at
"http://hicare.in/CSR%20Policy.pdf"
The Annual Report on CSR activities in accordance with the Companies (Corporate Social Responsibility Policy) Rules, 2014 is set out in
Annexure II to this Report.
CHANGES IN THE DIRECTORS AND KEY MANGERIAL PERSON:
Directors
During the year under review, Mr. Vikram Nirula has resigned from the position of Directorship with effect from March 29, 2018.
13
Company Secretary
During the year under review, there was no change in the office of the Company Secretary.
NUMBER OF MEETINGS OF THE BOARD:
During FY 2017-18; there were -2- Members' Meeting and -9- Board Meetings as detailed hereunder.
A. Members/Class/Requisitioned/CLB/NCLT/Court Convened Meetings
Name of Directors Dates of Members' Meetings and Attendance
30/08/2017 (AGM) 27/03/2018 (EGM)
Mr. Arumugam Mahendran Present Present
Mr. Haresh Chawla Present Present
Mr. Vikram Nirula Present Present
B. Board Meetings
Name of Directors Date of Board Meetingand Attendance
22/05/17 26/06/17 21/09/17 13/11/17 12/12/17 16/03/18 27/03/18 28/03/18 30/03/18
Mr. Arumugam Mahendran Present Present Present Present Present Present Present Present Present
Mr. Haresh Chawla Present Absent Present Present Present Present Present Present Present
Mr. Vikram Nirula Absent Present Present Absent Present Present Present Present Absent
14
VIGIL MECHANISM:
Your Company has composed a Vigil Mechanism Committee, though mandatorily not applicable, which comprises of the following persons.
1- Ms. Malati Iyengar - Chairperson
2- Mr.ArumugamMahendran -Member
This mechanism provides for adequate safeguard against the victimization of employees and guidelines are meant for all members of the
organization from the day they joined the organization and are designed to ensure that they may raise any specific concern on integrity, value
adherence, without fear of being punished for raising that concern.
PARTICULARS OF CONTRACTS OR ARRANGEMENTS WITH RELATED PARTIES:
The particulars of contracts or arrangements with related parties referred to in section 188 (1) of the Companies Act, 2013 in Form AOC-2
pursuant tosection 134 (3) (h) of the Act andRule 8(2) of the Companies (Accounts)Rules, 2014 is attached as Annexure III to this Report.
NOMINATION AND REMUNERATION COMMITTEE AND STAKEHOLDERS RELATIONSHIP COMMITTEE:
The Company has constituted a Compensation/Remuneration Committee for monitoring the implementation of the ESOP scheme and the
members of the Compensation/ Remuneration Committee are:
1. Mr. Arumugam Mahendran (Chairman of the Committee)
2. Mr. Haresh Chawla
3. Mr. Vikram Nirula
Chief Executive Officer of the Company will be permanent invitee to all the meetings of the Committee. Their were four Committee meetings as
detailed hereunder
Name of the Committee Member Dates of Meetings and Attendance
26/06/2017 21/09/2107 12/12/2017 28/03/2018
Mr. Arumugam Mahendran Present Present Present Present
Mr. Haresh Chawla Absent Present Present Present
15
Mr. Vikram Nirula Present Present Present Absent
Mr. Himanshu Chakrawarti Present Present Present Present
HICARE EMPLOYEE STOCK OPTION SCHEME 2016:
Members of the Company in their Extra Ordinary General Meeting held on February 19, 2016 approved the Hicare Employee Stock Option
Scheme 2016 ("ESOS") for benefit of the employees of the Company. The objective of this ESOS is to give a wealth building dimension to the
remuneration structure of the employees. Further, it also aimed at promoting desired behavior for meeting organization's long term objectives and
to enable retention through a customized approach.
Additional information on ESOS in terms of section 62 (1) (b) of the Companies Act, 2013 read with Rule 12(9) of the Companies (Share Capital
and Debentures) Rules, 2014 is enclosed as Annexure IV' and forms part of this report. Further, the Company has complied with the applicable
Accounting Standards in this regard.
RISK MANAGEMENT POLICY:
The Company is exposed to various Business Risks, Regulatory Risks and Human Resources Risks. Some of the risks that the Company is
exposed to and the mitigation measures there against are as 1follows:
Business Risks - The Company has a regular practice of discussing the business and operational risks in the management as well as the Board
meetings.
Regulatory Risks - The Company is exposed to risks attached to various regulations. The Company is mitigating the risks through regular reviews
of legal compliances carried out internally as well as through external vendors.
Human Resource Risks - Retaining the existing talent and attracting new talent are risks for companies operating in the service sector. The
company has initiated various measures to identify, nurture and groom talent within the Company.
DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE
(PREVENTION, PROHIBITION AND REDRESSAL) ACT, 2013:
The Company has in place an Anti-Sexual Harassment Policy in line with the requirements of The Sexual Harassment of Women at the
16
Workplace (Prevention, Prohibition and Redressal) Act, 2013. Internal Complaints Committee (ICC) has been set up to redress complaints
received regarding sexual harassment.
All employees (permanent, contractual, temporary, trainees) are covered under this policy.
The following is a summary of sexual harassment complaints received and disposed of during the year 2017-18.
No of complaints received - Nil
No of complaints disposed off - Not Applicable
DIRECTORS' RESPONSIBILITY STATEMENT:
To the best of their knowledge and information and based on the information and explanations provided to them by the company your Directors
make the following statement in terms of section 134 (3)(C) of the Companies Act, 2013.
? that in the preparation of the annual financial statement for the year ended 31stMarch, 2018 accounts, the applicable accounting standards have
been followed and there are no material departures from the same.
? that the directors have selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable
and prudent so as to give a true and fair view of the state of affairs of the Company as at 31stMarch, 2018 and of the Profit and Loss of your
Company for the said period;
? that 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;
? that the annual accounts have been prepared on a 'going concern' basis;
? that proper system to ensure compliance with the provisions of all applicable laws were devised and that such systems were operating
effectively;
? that proper internal financial controls were laid down and that such internal financial controls are adequate and were operating effectively.
ACKNOWLEDGEMENT:
17
Your Directors acknowledge with gratitude the co-operation and support extended by the Company's bankers, customers and associates.
The Directors also wish to express their appreciation to all the employees of the Company for their dedicated and un-stinted efforts to Company's
growth.
For and on behalf of Board of Directors of
CIN: U29294MH1993PTC072222
(Arumugam Mahendran) (Haresh Chawla)

Mumbai
Director Director
Date: September 24, 2018
DIN: 00242423 DIN: 00029828
Annexure: I
FormNo.MGT-9
EXTRACTOFANNUALRETURN
as on the financial year ended on 31stMarch 2018
[Pursuanttosection92(3)oftheCompaniesAct,2013andrule12(1)ofthe
Companies(ManagementandAdministration)Rules,2014]
I. REGISTRATIONANDOTHERDETAILS:
CIN U29294MH1993PTC072222
Registration date 31/05/1993
18
Name of the Company Hicare Services Private Limited
Category/Sub Category of the Company Company Limited by Shares and Indian Non - Government Company
1303/1304, Mehra Industrial Estate, Jaswanti Landmark, LBS Marg, Vikhroli - West.
Address of the Registered office of the Company
Mumbai - 400079
Contact No. 022-61407000
Whether Listed Company No
Karvy Computer Share Private Limited

Name ofRegistrarand ShareTransfer Agent
CIN: U72400TG2003PTC041636
Karvy Computershare Pvt. Ltd.
46 , Avenue 4 , Street no. 1

Registered Office Address of Registrar and
ShareTransfer Agent
Banjara Hill
Hyderabad - 500 034
7th floor 701, Hallmark Business Plaza,
SantDnyaneshwar Marg, Opp Guru Nanak Hospital, Off Bandra Kurla Complex, Bandra
Address for correspondence
EastMumbai - 400 051
India P: 022- 6149 1635
Contact No. 040 - 67161602
II. PRINCIPALBUSINESSACTIVITIESOFTHECOMPANY:
Sl.No. NameandDescriptionofmainproducts/ services NIC CodeoftheProduct/ service %tototalturnoverofthe company
1. Pest Control Products and Services 81210 90.9
2. Cleaning Solutions 81210 3.3
3. Bird Netting 81210 5.8
Total 100
19
III. PARTICULARSOFHOLDING,SUBSIDIARYANDASSOCIATECOMPANIES:
True North Trusteeship Private Limited (formerly IVF Trustee Company Private Limited) holds 95.19% shares in the Company as a sole Trustee
of True North Fund-IV (formerly India Value Fund IV), a SEBI registered Venture Fund.
IV. SHAREHOLDINGPATTERN(EquityShareCapitalBreakupaspercentageofTotalEquity):
i) Category-wiseShareHolding
N o. of Shar es h e l N o. of Shar es % Change

Ca t e gory of Sh ar e ho ld ers d at th e b e gin n in h e ld at th e e n During the
g of the y e ar d of t he y e ar Year
% of
A. Promoters % of T
o tal Sh P hys i
Demat Physical T o tal Demat T o tal T o tal
1. Indian ar es cal
Shar es
a) I ndi v idu a l/ H UF - - - - - - - - -
b) C e ntral G ovt. - - - - - - - - -
c ) Sta te Govt. (s) - - - - - - - - -
d ) B o di es C orp. - 596,661 596,661 5.17 - 596,661 596,661 4.81 (0.36)
e) Ba nks / F I - - - - - - - - -
f ) Ot h er - - - - - - - - -
Sub- total A 1 :- - 596,661 596,661 5.17 - 596,661 596,661 4.81 (0.36)
(2). Foreign
a) N RIs I ndi v idu a ls - - - - - - - - -
b ) O th er I ndi v idu a ls - - - - - - - - -
c) B o di es C orp. - - - - - - - - -
d ) Ban ks / F I e) - - - - - - - - -
20
e) Ot h er - - - - - - - - -
Sub- total A 2 :- - - - - - - - - -
Total shareholding of promoter

A = A1 + A2 - 596,661 596,661 5.17 - 596,661 596,661 4.81 (0.36)
B. Public Shareholding
1. Institutions
a) M u tu al Fund s - - - - - - - - -
b ) Ban ks / F I - - - - - - - - -
c) C e ntral G ovt. - - - - - - - - -
d ) Sta te Govt. (s) - - - - - - - - -
e ) V e ntu re Funds 10,941,774 - 10,941,774 94.83 11,814,322 - 11,814,322 95.19 0.36
f) In s u rance C o mpa ni es - - - - - - - - -
g ) F I Is - - - - - - - - -
h ) F or e ign V .C. Funds - - - - - - - - -
I) Other (Specify) - - - - - - - - -
Sub- total B 1 :- 10,941,774 - 10,941,774 94.83 11,814,322 - 11,814,322 95.19 0.36
N o. of Shar es h e l N o. of Shar es % Change

d at th e b e gin n in h e ld at th e e n During the
(Continued?..)
g of the y e ar d of t he y e ar Year
% of
% of T
2. Non-Institutions Demat Physical Total o tal Sh P hys i
Demat T o tal T o tal
ar es cal
Shar es
a) B o di es C orp.
i ) I n d ian - - - - 10 - 10 0.00#01 0.00
i i ) Ov ers eas - - - - - - - - -
21
b ) I n di v idu a l s - - - - - - - - -
i ) I n di v idu a l s har e ho ld e
rs ho ldi ng no minal sh areca pit
- - - - - - - - -
al u p t o Rs. 1 l a kh
ii ) I n d ivi dual s har e ho ld ers

ho ldi ng no minal sh areca pit al
- - - - - - - - -
in ex c ess of Rs 1 la kh
c) O th ers ( s p ec if y) - - - - - - - - -
Subtotal B 2 - - - - 10 - 10 0.00 0.00
Total Public Shareholding B=B

1+B 2 10,941,784 - 10,941,774 94.83 11,814,332 - 11,814,332 95.19 0.36
C. Sh ar es h e ld b yCus to dian
f or GD Rs and A D Rs - - - - - - - - -
Subtotal C - - - - - - - - -
G rand T o tal (A + B+ C) 10,941,784 596,661 11,538,435 100 11,814,332 596,661 12,410,993 100 -
Note: #01: Holds .0001 percent of total shares.
(ii) Shareholding of
Promoters
Shareholding at
Shareholders Shareholding at
Sl. No. the beginning of
names the end of the year
the year
% of Shares % of total % of Shares

% of total % change in
Pledged / Shares of Pledged /
No. of Shares Shares of the No. of Shares shareholding
encumbered to the encumbered to
company duringthe year
total shares company total shares
Good Life
Products 596,661 5.17 Nil 596,661 4.81 Nil (0.36)
Limited
Total 596,661 5.17 Nil 596,661 4.81 Nil (0.36)
22
(iii) Change in Promoters'

Shareholding (please
specify, if there is no
change)
Cumulative
Shareholding at
Shareholder's Shareholding
Sl. No. the Beginning of
names during the FY
The Year
2017-2018
% of total
% of total shares
No. of shares shares of the No. of shares
of the Company
Co.
GoodLife
1 Products
Limited
At the
beginning of 596,661 5.17 596,661 5.17
the year
At the end of the year - - 596,661 4.81
(iv) Shareholding Pattern of top ten Shareholders

(other than Directors, Promoters and Holders of
GDRs and ADRs):
the Beginning of Shareholding during
The Year the FY 2017-2018
Sl. No. Name of Shareholders
% of total shares of
No. of shares % of total shares of the Co. No. of shares
the Company
True North Trusteeship Private

1 Limited(on behalf of True
North Fund IV)
At the beginning of the year 10,941,774 94.83 10,941,774 94.83
23
Allotment of Right Shares on 26.06.17 513,268 4.25 11,455,042 95.05
At the end of the year 11,814,322 95.19 11,814,322 95.19
Benett Coleman and Company

2
Limited
At the beginning of the year - - - -
Allotment of Preferential Shares on 28.03.18 - 0.00 10 0.00
At the end of the year - 0.00 10 0.00
(v) Shareholding of Directors and Key

Managerial Personnel:
the Company
Not Applicable
Changes During the year - - - -
At the end of the year - - - -
V.INDEBTEDNESS:
24
IndebtednessoftheCompanyincludinginterestoutstanding/accruedbutnotdueforpayment
Unsecured Total
Deposits
SecuredLoansexcludingdeposits
Particulars Loans Indebtedness
Rs.
Rs.
Rs. Rs.
Indebtednessatthebeginningofthefinancial year
i)PrincipalAmount 57,142,858 80,000,000 - 137,142,858
ii) Interest Due but not paid - - - -
iii). Interestaccruedbutnotdue 599,374 2,218,317 - 2,817,691
Total(i+ii+iii) 57,742,232 82,218,317 - 139,960,549
ChangeinIndebtednessduringthefinancialyear
Addition 60,12,036 55,383,288 - 613,95,324
Reduction 34,884,188 107,590,509 - 142,247,697
Net Change (28,872,152) (52,207,221) - (81,079,373)
Indebtednessattheendofthefinancial year
iii). Interestaccruedbutnotdue 298,650 11,096 - 309,746
Total(i+ii+iii) 28,870,080 30,011,096 - 58,881,176
VI.REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL:
A. Remuneration to Managing Director, Whole-time Directors and/or Manager:
25
Not applicable.
B. Remuneration to other directors:
No Remuneration has been paid
A. Remuneration to Key Managerial Personnel other than MD/ Manager/ WTD.
Himanshu Vishnu
Chakrawarti Kumar Total

Particulars of
Sl. No.
Remuneration
(CEO) (CS) Rs.
Rs. Rs.
1. Gross salary
Salary as per provisions contained in section 17(1) of the Income-tax Act,

17,627,909 563,838 18,191,747
1961.
Value of perquisites u/s 17(2) Income Tax Act, 1961. 300,000 0 300,000
Profits in lieu of salary under section 17(3) Income-tax Act, 1961. 0 0 0
2. Stock Option 0 0 0
3. Sweat Equity 0 0 0
4. Commission 0
-as % of profit. 0 0 0
-Others, specify. 0 0 0
5. Others, (Please Specify) 0 0 0
Total (A) 17,927,909 563,838 18,491,747
26
Not Not Not

6. Ceiling as per the Act
applicable applicable Applicable
D.Statement containing the particulars of employees in accordance with Rule 5(2) of the Companies (Appointment and Remuneration of
Managerial Personnel (Rules), 2014.
1. List of employees of the Company employed throughout the financial year 2017-18 and were paid remuneration not less than Rs. 60 lacs per
annum:
Experience
Name Age (Year) Designation Remuneration Qualification Joining Date Last Employment
(Years)
Joydeep Sarkar 43 COO 9,262,435 MBA 21 19.09.2011 3M India Ltd.
2. List of employees of the Company employed for the part of the year and were paid remuneration during the financial year 2017-18 at a rate
which in aggregate was not less than Rs. 5 lac per month:
Experience
(Years)
- - - - - - - -
Notes:
1. None of the employees mentioned above is related to any of the Directors of the Company within the meaning of Companies (Appointment and
Remuneration of Managerial Personnel) Rules, 2014.
2. None of the employees mentioned above holds more than 2 % of the shares of your Company along with their spouse and dependent children.
3. All employments are contractual and terminable by notice on either side.
4. Remuneration includes salary, bonus, commissions, various allowances, leave encashment contribution to Provident Fund and taxable value of
perquisites before tax but excludes provision for gratuity.
VII.PENALTIES/PUNISHMENT/COMPOUNDINGOFOFFENCES:
27
Section of the Brief Details of Penalty / Punishment/ Authority [RD / NCLT / Appeal made, if any (give
Type
Companies Act Description Compounding fees imposed COURT] Details)
A. COMPANY
Penalty
Punishment
Compounding
B. Directors
Penalty NIL
Punishment
Compounding
Other Officers in
C
Default
Penalty
Punishment
Compounding
\
CIN: U29294MH1993PTC072222
28

Mumbai
Director Director
DIN: 00242423 DIN: 00029828
Annexure - II
CORPORATE SOCIAL RESPONSIBILITY (CSR)
1. CONTEXT:
The Company recognized that integrating social, environmental and ethical responsibilities into the governance of businesses ensures long term
success, competitiveness and sustainability.
This approach also reaffirms the view that businesses are an integral part of society and have a critical and active role to play in the sustenance
and improvement of healthy ecosystems.
2. CORPORATE SOCIAL RESPONSIBILITY COMMITTEE:
The Corporate Social Responsibility Committee of the Company consists of the following members-
- Mr. Arumugam Mahendran - Chairman
- Mr. Haresh Chawla - Member
- Mr. Vikram Nirula - Member (Resignation effective of March 29, 2018)
3. CSR ACTIVITIES:
In View of the Company average Net Loss for the last three years Company contribution for CSR is NIL.
29
Information with respect to Company's CSR spending during the last financial year are as follow:
Average Net Profit/Loss of the company for the last Three financial years Rs (288,002,128)
Prescribed CSR expenditure Rs 0.00
Details of CSR spend for the financial year Not Applicable
CIN: U29294MH1993PTC072222

Mumbai
Director Director
DIN: 00242423 DIN: 00029828
Annexure: III
PARTICULARS OF RELATED PARTY TRANSACTIONS
FormAOC2
Form for disclosure of particulars of contracts / arrangements entered into by the Company with related parties referred to in sub-section (1) of
section 188 of the Companies Act, 2013 including certain arms' length transactions under third proviso thereto. [Pursuant to clause (h) of
sub-section (3) of section of the Act and rule 8(2) of the Companies (Accounts) Rules 2014.]
30
1. Details of contracts or arrangements or transactions not at arm's lengthbasis.
There were no contracts or arrangements or transactions entered in to during the year ended March 31, 2018, which were not at arm's length basis.
2. Details of material contracts or arrangement or transactions at arm's length basis.
Name(s) of Nature of contracts/ Duration of the contracts/ Salient terms of the contracts or Date(s) of Amount
Nature of
the related arrangements/ arrangements/ arrangements or transactions including approval by the
relationship
party transactions. transactions. the value, if any. Board. Rs.
- - - - - - -
CIN: U29294MH1993PTC072222

Mumbai
Director Director
DIN: 00242423 DIN: 00029828
Annexure: IV
INFORMATION REGARDING EMPLOYEE STOCK OPTION SCHEME, 2016
(AS ON 31STMARCH 2018)
Disclosure Pursuant to Employee Stock Option Scheme and Employee Stock Purchase Scheme Guidelines, 1999
31
Name of the Scheme: 2016 Hicare Employees Stock Option Scheme" ("Plan" or "2016 Hicare ESOP"). 2016 Hicare ESOP has been formulated
by the Board of Directors of the Company and approved by it at its meeting held on 19th February, 2016 pursuant to the authority vested in it by
the Shareholders at the Ordinary/Extraordinary General Meeting of the Company held on 19th February, 2016 to be administered by the
Nomination and Remuneration Committee of the Board of Directors. The Board will have the discretion and power to select the Eligible
Employees to whom Options are to be granted from time to time under this Plan. The aggregate number of Equity Shares, which may be issued
under the scheme, shall not exceed 983,047 shares of face value of Rs.10/- each and The Board may at any time amend, discontinue or terminate
the Plan or any part or portion thereof at any time.
The Vesting Period shall commence from the date of Grant and shall not exceed beyond 5 years from the date of Grant. Options, vested with an
Option Holder but are not exercised, will automatically lapse at the end of the Exercise Period.
A DETAIL OF THE DISCLOSURE IS SUMMARIZED BELOW.
Previous
Year
Current Year
Particulars As on
As on 31stMarch 2018
31stMarch
2017
A Number of stock Option granted 145,000 817,609
B Number of Option vested NIL NIL
C Number of Option exercised NIL NIL
D Total number of shares arising as a result of exercise of option NIL NIL
E Number of Options lapsed 32,194 19,526
Number of Options forfeited 35,000 75,000
175.7 per
equity 172.3 Per
F The exercise price (Weighted Average)
equity Shares
Shares
G Variation of terms of options NA NA
H Money realized by exercise of options NA NA
I Total number of options in force 820,415 742,609
32
J Employee wise details of options granted to
(i). Key Managerial Personnel

- 337,609
-Himanshu Chakrawarti (Chief Executive Officer)
(ii). Any other employee who receives a grant of options in any one year of option amounting to 5 %
(five percent) or more of options granted during the year 2017-18
`NIL `NIL
Previous
Year
Current Year
Particulars As on
31stMarch
2017
(iii). Identified employees who were granted option, during any one year,
equal to or exceeding1% one percent of the issued capital (excluding
outstanding warrants and conversions) of the company at the time of grant;

- 337,609
-Joydeep Sarkar (Chief Operating Officer)
- 140,000
Diluted Earnings Per Share (EPS) pursuant to issue of shares on exercise of

K
options-as reported (18.92) (40.53)
The Company has adopted the intrinsic value method as permitted by the
Guidance Note on Accounting for Employee Share Based Payment issued by
the Institute of Chartered Accountants of India in respect of stock options
L granted. The Company's profit for the year and earnings per share would have
been as under, had the compensation cost for employees' stock options been
recognized based on the fair value at the date of grant in accordance with
Black Scholes model.
Net Loss
after tax as (227,372,481) (416,965,654)
reported
Add :
Employees
stock option
compensation
expense 3,191,483 8,347,794
as per
intrinsic
value method
Less :
33
Employee
stock option
compensation (5,072,516) (18,000,727)
expense as
per fair value
Adjusted
proforma net (229,253,515) (426,618,586)
loss after tax
Basic and
Diluted
Earnings per (18.92) (40.53)
share as
reported
Basic and
Diluted
Earnings per (19.08) (41.47)
share
-proforma
175.7 per 172.3

equity Per
M Weighted average exercise price of the options granted during the year
equity
Shares Shares
Assumption used for Weighted average fair value of the options granted
N
during the year
(i). risk-free interest rate 7.47% 7.47%
(ii). expected life (Weighted Average) 5 5
(iii). expected volatility (Weighted Average) .001% .001%
(iv). expected dividends 0% 0%
194.83
194.83 per
per
(v). the price of the underlying share in market at the time of option grant equity
equity
Shares
Shares
For purpose of the above Proforma disclosures, the estimated grant date fair value of stock options granted under the 2016 Plans ranges from Rs.
60.29- Rs. 82.32. The fair values are measured based on the Black- Scholes- Merton formula. Expected volatility, an input in this formula, is
estimated by considering historic average share price volatility.
34
CIN: U29294MH1993PTC072222

Mumbai
Director Director
DIN: 00242423 DIN: 00029828
Description of state of companies affair

Management's strategy to spend amount on Company's brand building, marketing, investing in human resources have resulted in operational loss,
which has been in alignment of the Company's business plan.
Details regarding energy conservation

of energy. There is no technology absorption during the year under review.
Details regarding technology absorption

of energy. There is no technology absorption during the year under review.
Disclosures in director’s responsibility statement

To the best of their knowledge and information and based on the information and explanations provided to them by the company your Directors
make the following statement in terms of section 134 (3)(C) of the Companies Act, 2013. " that in the preparation of the annual financial
statement for the year ended 31st March, 2018 accounts, the applicable accounting standards have been followed and there are no material
departures from the same. " that the directors have selected such accounting policies and applied them consistently and made judgments and
estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company as at 31st March, 2018 and of the
Profit and Loss of your Company for the said period; " that 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; " that the annual accounts have been prepared on a 'going concern' basis; " that proper system to ensure compliance with the
provisions of all applicable laws were devised and that such systems were operating effectively; " that proper internal financial controls were laid
down and that such internal financial controls are adequate and were operating effectively.
35
Particulars of contracts/arrangements with related parties under section 188(1) [Text Block]
PARTICULARS OF RELATED PARTY TRANSACTIONS
FormAOC2
Form for disclosure of particulars of contracts / arrangements entered into by the Company with related parties referred to in sub-section (1) of
section 188 of the Companies Act, 2013 including certain arms' length transactions under third proviso thereto. [Pursuant to clause (h) of
sub-section (3) of section of the Act and rule 8(2) of the Companies (Accounts) Rules 2014.]
1. Details of contracts or arrangements or transactions not at arm's lengthbasis.
There were no contracts or arrangements or transactions entered in to during the year ended March 31, 2018, which were not at arm's length basis.
2. Details of material contracts or arrangement or transactions at arm's length basis.
Name(s) of Nature of contracts/ Duration of the contracts/ Salient terms of the contracts or Date(s) of Amount
Nature of
the related arrangements/ arrangements/ arrangements or transactions including approval by the
relationship
party transactions. transactions. the value, if any. Board. Rs.
- - - - - - -
CIN: U29294MH1993PTC072222
36
Mumbai Director Director
Date: September 24, 2018 DIN: 00242423 DIN: 00029828
37
Disclosure of extract of annual return as provided under section 92(3) [Text Block]
FormNo.MGT-9
EXTRACTOFANNUALRETURN
as on the financial year ended on 31stMarch 2018
[Pursuanttosection92(3)oftheCompaniesAct,2013andrule12(1)ofthe
Companies(ManagementandAdministration)Rules,2014]
I. REGISTRATIONANDOTHERDETAILS:
CIN U29294MH1993PTC072222
Registration date 31/05/1993
Name of the Company Hicare Services Private Limited
Category/Sub Category of the Company Company Limited by Shares and Indian Non - Government Company
1303/1304, Mehra Industrial Estate, Jaswanti Landmark, LBS Marg, Vikhroli - West.
Address of the Registered office of the Company
Mumbai - 400079
Contact No. 022-61407000
Whether Listed Company No
Karvy Computer Share Private Limited

Name ofRegistrarand ShareTransfer Agent
CIN: U72400TG2003PTC041636
Karvy Computershare Pvt. Ltd.
46 , Avenue 4 , Street no. 1

Registered Office Address of Registrar and
ShareTransfer Agent
Banjara Hill
Hyderabad - 500 034
38
7th floor 701, Hallmark Business Plaza,
SantDnyaneshwar Marg, Opp Guru Nanak Hospital, Off Bandra Kurla Complex, Bandra
Address for correspondence
EastMumbai - 400 051
India P: 022- 6149 1635
Contact No. 040 - 67161602
II. PRINCIPALBUSINESSACTIVITIESOFTHECOMPANY:
Sl.No. NameandDescriptionofmainproducts/ services NIC CodeoftheProduct/ service %tototalturnoverofthe company
1. Pest Control Products and Services 81210 90.9
2. Cleaning Solutions 81210 3.3
3. Bird Netting 81210 5.8
Total 100
III. PARTICULARSOFHOLDING,SUBSIDIARYANDASSOCIATECOMPANIES:
True North Trusteeship Private Limited (formerly IVF Trustee Company Private Limited) holds 95.19% shares in the Company as a sole Trustee
of True North Fund-IV (formerly India Value Fund IV), a SEBI registered Venture Fund.
IV. SHAREHOLDINGPATTERN(EquityShareCapitalBreakupaspercentageofTotalEquity):
i) Category-wiseShareHolding
No. of Shares held No. of Shares % Change

Category of Shareholders at the beginning of held at the end During the
the year of the year Year
Promoters % of
% of
39
1. Indian Total Total

Demat Physical Total Shares Demat Physical Total
Shares
a) Individual/ HUF - - - - - - - - -
b) Central Govt. - - - - - - - - -
c) State Govt.(s) - - - - - - - - -
d) Bodies Corp. - 596,661 596,661 5.17 - 596,661 596,661 4.81 (0.36)
e) Banks / FI - - - - - - - - -
f) Other - - - - - - - - -
Sub-total A 1:- - 596,661 596,661 5.17 - 596,661 596,661 4.81 (0.36)
(2). Foreign
a) NRIs Individuals - - - - - - - - -
b) Other Individuals - - - - - - - - -
c) Bodies Corp. - - - - - - - - -
d) Banks / FI e) - - - - - - - - -
e) Other - - - - - - - - -
Sub-total A 2:- - - - - - - - - -
Total shareholding of promoter

A = A1 + A2
- 596,661 596,661 5.17 - 596,661 596,661 4.81 (0.36)
Public Shareholding
1. Institutions
a) Mutual Funds - - - - - - - - -
b) Banks / FI - - - - - - - - -
c) Central Govt. - - - - - - - - -
40
d) State Govt.(s) - - - - - - - - -
e) Venture Funds 10,941,774 - 10,941,774 94.83 11,814,322 - 11,814,322 95.19 0.36
f) InsuranceCompanies - - - - - - - - -
g) FIIs - - - - - - - - -
h) Foreign V.C. Funds - - - - - - - - -
I) Other (Specify) - - - - - - - - -
Sub-total B 1:- 10,941,774 - 10,941,774 94.83 11,814,322 - 11,814,322 95.19 0.36
No. of Shares held No. of Shares % Change

at the beginning of held at the end During the
(Continued?..)
the year of the year Year
% of
% of
2. Non-Institutions Demat Physical Total Total
Total
Shares Demat Physical Total
Shares
a) BodiesCorp.
i) Indian - - - - 10 - 10 0.00#01 0.00
ii)Overseas - - - - - - - - -
b)Individuals - - - - - - - - -
i) Individual shareholders
holding nominal share capital up
to Rs. 1 lakh - - - - - - - - -
ii)Individual shareholders
holding nominal share capital in
excess of Rs 1 lakh - - - - - - - - -
c) Others (specify) - - - - - - - - -
Subtotal B 2 - - - - 10 - 10 0.00 0.00
Total Public Shareholding B=B

1+B 2
10,941,784 - 10,941,774 94.83 11,814,332 - 11,814,332 95.19 0.36
41
C. Shares held by Custodian for

GDRs and ADRs
- - - - - - - - -
Subtotal C - - - - - - - - -
Grand Total (A+B+C) 10,941,784 596,661 11,538,435 100 11,814,332 596,661 12,410,993 100 -
Note: #01: Holds .0001 percent of total shares.
(ii) Shareholding of
Promoters
Shareholding at
Shareholders Shareholding at
Sl. No. the beginning of
names the end of the year
the year
% of Shares % of total % of Shares

% of total % change in
Pledged / Shares of Pledged /
No. of Shares Shares of the No. of Shares shareholding
encumbered to the encumbered to
company duringthe year
total shares company total shares
Good Life
Products 596,661 5.17 Nil 596,661 4.81 Nil (0.36)
Limited
Total 596,661 5.17 Nil 596,661 4.81 Nil (0.36)
(iii) Change in Promoters'

Shareholding (please
specify, if there is no
change)
Cumulative
Shareholding at
Shareholder's Shareholding
Sl. No. the Beginning of
names during the FY
The Year
2017-2018
% of total
% of total shares
No. of shares shares of the No. of shares
of the Company
Co.
42
GoodLife
1 Products
Limited
At the
beginning of 596,661 5.17 596,661 5.17
the year
At the end of the year - - 596,661 4.81
(iv) Shareholding Pattern of top ten Shareholders

(other than Directors, Promoters and Holders of
GDRs and ADRs):
the Company
True North Trusteeship Private

1 Limited(on behalf of True
North Fund IV)
At the beginning of the year 10,941,774 94.83 10,941,774 94.83
43
At the end of the year 11,814,322 95.19 11,814,322 95.19
Benett Coleman and Company

2
Limited
Allotment of Preferential Shares on 28.03.18 - 0.00 10 0.00
At the end of the year - 0.00 10 0.00
(v) Shareholding of Directors and Key

Managerial Personnel:
the Company
Not Applicable
Changes During the year - - - -
At the end of the year - - - -
V.INDEBTEDNESS:
44
IndebtednessoftheCompanyincludinginterestoutstanding/accruedbutnotdueforpayment
Unsecured Deposits Total

SecuredLoansexcludingdeposits
Particulars Loans Indebtedness
Rs.
Rs. Rs. Rs.
Indebtednessatthebeginningofthefinancial year
iii). Interestaccruedbutnotdue 599,374 2,218,317 - 2,817,691
Total(i+ii+iii) 57,742,232 82,218,317 - 139,960,549
ChangeinIndebtednessduringthefinancialyear
Addition 60,12,036 55,383,288 - 613,95,324
Reduction 34,884,188 107,590,509 - 142,247,697
Net Change (28,872,152) (52,207,221) - (81,079,373)
Indebtednessattheendofthefinancial year
iii). Interestaccruedbutnotdue 298,650 11,096 - 309,746
Total(i+ii+iii) 28,870,080 30,011,096 - 58,881,176
VI.REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL:
45
A. Remuneration to Managing Director, Whole-time Directors and/or Manager:
Not applicable.
B. Remuneration to other directors:
No Remuneration has been paid
A. Remuneration to Key Managerial Personnel other than MD/ Manager/ WTD.
Himanshu Vishnu
Chakrawarti Kumar Total

Particulars of
Sl. No.
Remuneration
(CEO) (CS) Rs.
Rs. Rs.
1. Gross salary
Salary as per provisions contained in section 17(1) of the Income-tax Act,

17,627,909 563,838 18,191,747
1961.
Value of perquisites u/s 17(2) Income Tax Act, 1961. 300,000 0 300,000
Profits in lieu of salary under section 17(3) Income-tax Act, 1961. 0 0 0
2. Stock Option 0 0 0
3. Sweat Equity 0 0 0
4. Commission 0
46
-as % of profit. 0 0 0
-Others, specify. 0 0 0
5. Others, (Please Specify) 0 0 0
Total (A) 17,927,909 563,838 18,491,747
Not Not Not

6. Ceiling as per the Act
applicable applicable Applicable
D.Statement containing the particulars of employees in accordance with Rule 5(2) of the Companies (Appointment and Remuneration of
Managerial Personnel (Rules), 2014.
1. List of employees of the Company employed throughout the financial year 2017-18 and were paid remuneration not less than Rs. 60 lacs per
annum:
Experience
(Years)
Joydeep Sarkar 43 COO 9,262,435 MBA 21 19.09.2011 3M India Ltd.
2. List of employees of the Company employed for the part of the year and were paid remuneration during the financial year 2017-18 at a rate
which in aggregate was not less than Rs. 5 lac per month:
Experience
(Years)
- - - - - - - -
Notes:
1. None of the employees mentioned above is related to any of the Directors of the Company within the meaning of Companies (Appointment and
Remuneration of Managerial Personnel) Rules, 2014.
47
2. None of the employees mentioned above holds more than 2 % of the shares of your Company along with their spouse and dependent children.
3. All employments are contractual and terminable by notice on either side.
4. Remuneration includes salary, bonus, commissions, various allowances, leave encashment contribution to Provident Fund and taxable value of
perquisites before tax but excludes provision for gratuity.
VII.PENALTIES/PUNISHMENT/COMPOUNDINGOFOFFENCES:
Section of the Brief Details of Penalty / Punishment/ Authority [RD / NCLT / Appeal made, if any (give
Type
Companies Act Description Compounding fees imposed COURT] Details)
A. COMPANY
Penalty
Punishment
Compounding
B. Directors
Penalty NIL
Punishment
Compounding
Other Officers in
C
Default
Penalty
Punishment
Compounding
\
48
Details of change in promoters shareholding [Text Block]

31 March 2018 31 March 2017
Number of shares % holding Number of shares % holding
Equity shares of Rs. 10 each fully paid
Good Life Products Limited 596,661 4.81% 596,661 5.17%
Disclosure for companies covered under section 178(1) on directors appointment and remuneration including other
matters provided under section 178(3) [Text Block]
Directors
Company Secretary
49
Disclosure of statement on development and implementation of risk management policy [Text Block]
RISK MANAGEMENT POLICY:
The Company is exposed to various Business Risks, Regulatory Risks and Human Resources Risks. Some of the risks that the Company is
exposed to and the mitigation measures there against are as 1follows:
Business Risks - The Company has a regular practice of discussing the business and operational risks in the management as well as the Board
meetings.
Regulatory Risks - The Company is exposed to risks attached to various regulations. The Company is mitigating the risks through regular reviews
of legal compliances carried out internally as well as through external vendors.
Human Resource Risks - Retaining the existing talent and attracting new talent are risks for companies operating in the service sector. The
company has initiated various measures to identify, nurture and groom talent within the Company.
Details on policy development and implementation by company on corporate social responsibility initiatives taken
during year [Text Block]
50
Disclosure of financial summary or highlights [Text Block]

FINANCIAL RESULTS:
The financial results of the Company for the Financial Year 2017-18 are summarized as under:
F.Y. 2017-18 F.Y. 2016-17

Particulars
Rs. Rs.
Total Revenue 732,867,841 902,605,249
Profit / (Loss) before Interest, Depreciation and Tax (204,765,735) (381,446,033)
Less: Interest 6,401,319 19,116,378
Less: Depreciation 16,141,943 14,959,197
Profit/ (Loss) Before Tax 227,308,994 (415,521,608)
Tax Adjustment- Prior Years 63,485 -
Deferred Tax - 1,444,046
Net Profit/ (Loss) after Tax (227,372,479) (416,965,654)
Add: Amount brought forward from previous year (842,882,129) (425,916,475)
Appropriations: - -
Less: Adjustment due to change in useful life of fixed assets - -
Balance carried forward to Balance Sheet (1,070,254,610) (842,882,129)
51
Disclosure of change in nature of business [Text Block]

CHANGE(S) IN THE NATURE OF BUSINESS:
During the year under review, there was no changes in the Company's nature of business.
Details of directors or key managerial personnels who were appointed or have resigned during year [Text Block]
Directors
Company Secretary
Disclosure of companies which have become or ceased to be its subsidiaries, joint ventures or associate companies
during year [Text Block]
SUBSIDIARY COMPANIES, JOINT VENTURE OR ASSOCIATE COMPANIES:
During the year under review, the Company had no Subsidiary, Joint Ventures or Associate Company.
52
Details relating to deposits covered under chapter v of companies act [Text Block]
DEPOSITS:
The Company has not accepted any deposits from the public within the meaning of section 73 of the Companies Act, 2013 read with the
Companies (Acceptance of Deposits) Rules, 2014.
Details regarding adequacy of internal financial controls with reference to financial statements [Text Block]
INTERNAL FINANCIAL CONTROLS WITH REFERENCE TO FINANCIAL STATEMENTS:
The Company has adequate internal controls and processes in place with respect to its financial statements which provides reasonable assurance
regarding the reliability of financial reporting and the preparation of financial statements. These controls and processes are driven through various
policies, and procedures. The process and controls are also reviewed by the Statutory Auditors. The Company prepares financial statements in
accordance with applicable Accounting Standards issued by the ICAI and in accordance with the Companies Act, 2013.
53
Disclosure of contents of corporate social responsibility policy [Text Block]

Annexure - II
1. CONTEXT:
54
3. CSR ACTIVITIES:
Rs (288,002,128)
Average Net Profit/Loss of the company for the last Three financial years
Rs 0.00
Prescribed CSR expenditure
CIN: U29294MH1993PTC072222

Mumbai
Director Director
DIN: 00242423 DIN: 00029828
55
Disclosure of appointment and remuneration of managerial personnels [Text Block]

Directors
Company Secretary
56
Disclosures relating to employee stock option scheme explanatory [Text Block]

INFORMATION REGARDING EMPLOYEE STOCK OPTION SCHEME, 2016
(AS ON 31STMARCH 2018)
Disclosure Pursuant to Employee Stock Option Scheme and Employee Stock Purchase Scheme Guidelines, 1999
Name of the Scheme: 2016 Hicare Employees Stock Option Scheme" ("Plan" or "2016 Hicare ESOP"). 2016 Hicare ESOP has been formulated
by the Board of Directors of the Company and approved by it at its meeting held on 19th February, 2016 pursuant to the authority vested in it by
the Shareholders at the Ordinary/Extraordinary General Meeting of the Company held on 19th February, 2016 to be administered by the
Nomination and Remuneration Committee of the Board of Directors. The Board will have the discretion and power to select the Eligible
Employees to whom Options are to be granted from time to time under this Plan. The aggregate number of Equity Shares, which may be issued
under the scheme, shall not exceed 983,047 shares of face value of Rs.10/- each and The Board may at any time amend, discontinue or terminate
the Plan or any part or portion thereof at any time.
The Vesting Period shall commence from the date of Grant and shall not exceed beyond 5 years from the date of Grant. Options, vested with an
Option Holder but are not exercised, will automatically lapse at the end of the Exercise Period.
A DETAIL OF THE DISCLOSURE IS SUMMARIZED BELOW.
Previous
Year
Current Year
Particulars As on
31stMarch
2017
A Number of stock Option granted 145,000 817,609
B Number of Option vested NIL NIL
C Number of Option exercised NIL NIL
D Total number of shares arising as a result of exercise of option NIL NIL
E Number of Options lapsed 32,194 19,526
Number of Options forfeited 35,000 75,000
57
175.7 per
172.3 Per
F The exercise price (Weighted Average) equity
equity Shares
Shares
G Variation of terms of options NA NA
H Money realized by exercise of options NA NA
I Total number of options in force 820,415 742,609
J Employee wise details of options granted to
(i). Key Managerial Personnel

- 337,609
(ii). Any other employee who receives a grant of options in any one year of option amounting to 5 %
(five percent) or more of options granted during the year 2017-18
`NIL `NIL
Previous
Year
Current Year
Particulars As on
31stMarch
2017
(iii). Identified employees who were granted option, during any one year,
equal to or exceeding 1% one percent of the issued capital (excluding
outstanding warrants and conversions) of the company at the time of grant;
- Himanshu Chakrawarti (Chief Executive Officer)

- 337,609
-Joydeep Sarkar (Chief Operating Officer)
- 140,000
Diluted Earnings Per Share (EPS) pursuant to issue of shares on exercise of

K
options-as reported (18.92) (40.53)
The Company has adopted the intrinsic value method as permitted by the
Guidance Note on Accounting for Employee Share Based Payment issued by
the Institute of Chartered Accountants of India in respect of stock options
L granted. The Company's profit for the year and earnings per share would have
been as under, had the compensation cost for employees' stock options been
recognized based on the fair value at the date of grant in accordance with
Black Scholes model.
Net Loss
after tax as (227,372,481) (416,965,654)
reported
Add :
Employees
58
stock option
compensation
expense 3,191,483 8,347,794
as per
intrinsic
value method
Less :
Employee
stock option
compensation (5,072,516) (18,000,727)
expense as
per fair value
Adjusted
proforma net (229,253,515) (426,618,586)
loss after tax
Basic and
Diluted
Earnings per (18.92) (40.53)
share as
reported
Basic and
Diluted
Earnings per (19.08) (41.47)
share -
proforma
175.7 per 172.3

equity Per
M Weighted average exercise price of the options granted during the year
equity
Shares Shares
Assumption used for Weighted average fair value of the options granted
N
during the year
(i). risk-free interest rate 7.47% 7.47%
(ii). expected life (Weighted Average) 5 5
(iii). expected volatility (Weighted Average) .001% .001%
(iv). expected dividends 0% 0%
194.83
194.83 per
per
(v). the price of the underlying share in market at the time of option grant equity
equity
Shares
Shares
59
For purpose of the above Proforma disclosures, the estimated grant date fair value of stock options granted under the 2016 Plans ranges from Rs.
60.29- Rs. 82.32. The fair values are measured based on the Black- Scholes- Merton formula. Expected volatility, an input in this formula, is
estimated by considering historic average share price volatility.
CIN: U29294MH1993PTC072222

Mumbai
Director Director
DIN: 00242423 DIN: 00029828
[400200] Disclosures - Auditors report
Details regarding auditors [Table] ..(1)

Auditors [Axis] Column1
01/04/2017
to
31/03/2018
Details regarding auditors [Abstract]
Details regarding auditors [LineItems]
Category of auditor Auditors firm
B S R & Associates
Name of audit firm LLP
Farad Hosheder
Name of auditor signing report Bamji
Firms registration number of audit firm 116231W/W-100024
Membership number of auditor 105234
1ST FLOOR,
LODHA EXCELUS
APOLLO MILLS
Address of auditors COMPOUND N M
JOSHI MARG
MAHALKSHMI
MUMBAI 400011
Permanent account number of auditor or auditor's firm AADFB6889R
SRN of form ADT-1 S36256543
Date of signing audit report by auditors 24/09/2018
Date of signing of balance sheet by auditors 24/09/2018
60
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Table] ..(1)
Auditor's Clause not
Auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Axis] favourable remark applicable
[Member] [Member]
01/04/2017 01/04/2017
to to
31/03/2018 31/03/2018
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in
auditors' report [Abstract]
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in
auditors' report [LineItems]
Textual information
Disclosure in auditors report relating to fixed assets (21) [See below]
The Company has
maintained proper
records showing full
Disclosure relating to quantitative details of fixed assets particulars including
quantitative details
and situation of fixed
assets.
Disclosure relating to physical verification and material discrepancies of fixed Textual information
assets (22) [See below]
The Company does
not own any
immovable
properties during the
year ended 31 March
Disclosure relating to title deeds of immovable properties 2018 and hence,
paragraph 3 (i) (c) of
the Order is not
applicable to the
Company
Textual information
Disclosure in auditors report relating to inventories (23) [See below]
Textual information
Disclosure in auditors report relating to loans (24) [See below]
Disclosure in auditors report relating to compliance with Section 185 and 186 of Textual information
Companies Act, 2013 (25) [See below]
Textual information
Disclosure in auditors report relating to deposits accepted (26) [See below]
The Central
Government has not
prescribed the
maintenance of cost
Disclosure in auditors report relating to maintenance of cost records records under
Section 148(1) of the
Act for any of the
services rendered by
the Company.
Textual information
Disclosure in auditors report relating to statutory dues [TextBlock] (27) [See below]
Textual information
Disclosure in auditors report relating to default in repayment of financial dues (28) [See below]
Disclosure in auditors report relating to public offer and term loans used for Textual information
purpose for which those were raised (29) [See below]
According to the
information and
explanations given
to us, no material
fraud by the
Disclosure in auditors report relating to fraud by the company or on the Company or on the
company by its officers or its employees reported during period Company by its
officers or
employees has been
noticed or reported
during the course of
our audit.
Textual information
Disclosure in auditors report relating to managerial remuneration (30) [See below]
61
In our opinion and

according to the
information and
explanations given
to us, the Company
Disclosure in auditors report relating to Nidhi Company is not a Nidhi
company.
Accordingly,
paragraph 3(xii) of
the Order is not
applicable.
Textual information
Disclosure in auditors report relating to transactions with related parties (31) [See below]
Disclosure in auditors report relating to preferential allotment or private Textual information
placement of shares or convertible debentures (32) [See below]
Disclosure in auditors report relating to non-cash transactions with directors Textual information
or persons connected with him (33) [See below]
Disclosure in auditors report relating to registration under section 45-IA of Textual information
Reserve Bank of India Act, 1934 (34) [See below]

01/04/2017
to
31/03/2018
Disclosure in auditor’s report explanatory [TextBlock] [See below]
Whether companies auditors report order is applicable on company Yes
Whether auditors' report has been qualified or has any reservations or
No
contains adverse remarks
Disclosure in auditors report relating to fixed assets

The Annexure referred to in the Independent Auditor's Report to the members of the Company on the financial statements for the year ended 31
March 2018, we report that: (i) (a) The Company has maintained proper records showing full particulars including quantitative details and
situation of fixed assets. (b) The Company has a regular programme of physical verification of its fixed assets by which all fixed assets are
verified every year. In our opinion, this periodicity of physical verification is reasonable having regard to the size of the Company and the nature
of its assets. Fixed assets were physically verified by the management during the year and discrepancies identified on such verification have been
properly dealt with in the books of accounts. (c) The Company does not own any immovable properties during the year ended 31 March 2018 and
hence, paragraph 3 (i) (c) of the Order is not applicable to the Company.
Disclosure relating to physical verification and material discrepancies of fixed assets

The Company has a regular programme of physical verification of its fixed assets by which all fixed assets are verified every year. In our opinion,
this periodicity of physical verification is reasonable having regard to the size of the Company and the nature of its assets. Fixed assets were
physically verified by the management during the year and discrepancies identified on such verification have been properly dealt with in the
books of accounts.
Disclosure in auditors report relating to inventories

The inventories were physically verified by the management during the year and no material discrepancies were noticed on such verification. In
our opinion, the frequency of such verification is reasonable.
Disclosure in auditors report relating to loans

In our opinion and according to the information and explanation given to us, the Company has not granted any loans or provided any guarantee or
securities to the parties covered under section 185 of the Act. The Company has complied with the provision of Section 186 of the Act in respect
of investments made
62
Disclosure in auditors report relating to compliance with Section 185 and 186 of Companies Act, 2013
In our opinion and according to the information and explanation given to us, the Company has not granted any loans or provided any guarantee or
securities to the parties covered under section 185 of the Act. The Company has complied with the provision of Section 186 of the Act in respect
of investments made
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 any deposits from the public in
accordance with the provisions of Sections 73 to 76 or any other relevant provisions of the Act and the rules framed there under. Accordingly,
paragraph 3(v) of the Order is not applicable to the Company.
Disclosure in auditors report relating to statutory dues [Text Block]

According to the information and explanations given to us and on the basis of our examination of the records of the Company, amounts
deducted/accrued in the books of account in respect of undisputed statutory dues including provident fund, employees' state insurance,
income-tax, sales-tax, service tax, goods and service tax, duty of customs, value added tax, and other material statutory dues have been generally
regularly deposited during the year by the Company with the appropriate authorities. As explained to us, the Company did not have any dues on
account of duty of excise and cess.
According to the information and explanations given to us, no undisputed amounts payable in respect of provident fund, employees' state
insurance, income-tax, sales-tax, service tax, goods and service tax, duty of customs, value added tax, and other material statutory dues were in
arrears as at 31 March 2018 for a period of more than six months from the date they became payable.
According to the information and explanations given to us, there are no dues of income-tax, sales-tax, service tax, goods and service tax, duty of
customs or value added tax as at 31 March 2018 which have not been deposited with the appropriate authorities on account of any dispute, other
than those mentioned below :
Nature of Period to which the Amount Amount paid under

Name of statute Forum where dispute is pending
Dues amount relates (Rs) protest (Rs)
Maharashtra Value Added Value Added

Deputy Commissioner of Sales Tax 2005-2006 1,499,327 333,320
Tax Act, 2002 Tax
UP Value Added Tax Act, Value Added

Assistant Commissioner (Sales tax) 2005-2009 1,746,613 400,000
2008 Tax
Income Tax Act, 1961 Income Tax Income Tax Appellate Tribunal 2008-2009 9,553,555 Nil
The Kerala Value Added Tax Value Added Deputy Commissioner (Appeals) - II,
2006-2013 2,214,513 784,467
Act, 2003 Tax Commercial Taxes
63
Disclosure in auditors report relating to default in repayment of financial dues

In our opinion and according to the information and explanations given to us, the Company has not defaulted in repayment of dues to its bankers.
The Company did not have any outstanding dues to any financial institution, government or debenture holders during the year.
Disclosure in auditors report relating to public offer and term loans used for purpose for which those were raised
The Company did not raise any money by way of initial public offer or further public offer (including debt instruments) and term loans during the
year. Accordingly, paragraph 3 (ix) of the Order is not applicable.
Disclosure in auditors report relating to managerial remuneration

The Company is incorporated as a private company and thus the provisions of Section 197 of the Act are not applicable to the Company.
Accordingly, paragraph 3(xi) of the Order is not applicable to the Company.
Disclosure in auditors report relating to transactions with related parties

According to the information and explanations given to us, all transactions with the related parties are in compliance with Sections 188 of the Act,
where applicable. The details of such related party transactions have been disclosed in the financial statements as required under Accounting
Standard (AS) 18, Related Party Disclosures specified under Section 133 of the Act, read with rule 7 of the Companies (Accounts) Rules, 2014.
The provisions of Section 177 are not applicable to the Company and accordingly, reporting under clause 3(xiii) in so far as it relates to Section
177 of the Act is not applicable.
Disclosure in auditors report relating to preferential allotment or private placement of shares or convertible
debentures
According to the information and explanations given to us and based on our examination of the records of the Company, the Company has made
private placement of equity shares during the year. The Company has complied with the requirements of Section 42 of the Companies Act, 2013
and the amount raised have been used for the purpose for which the funds were raised. However the Company has not made any preferential
allotment of fully or partly convertible debentures during the year.
Disclosure in auditors report relating to non-cash transactions with directors or persons connected with him
According to the information and explanations given to us and based on our examination of the records of the Company, the Company has not
entered into non-cash transactions with directors or persons connected with him. Accordingly, paragraph 3(xv) of the Order is not applicable.
Disclosure in auditors report relating to registration under section 45-IA of Reserve Bank of India Act, 1934
In our opinion and according to the information and explanations given to us, the Company is not required to be registered under section 45-IA of
the Reserve Bank of India Act, 1934. Accordingly, the provision of clause 3(xvi) of the Order are not applicable to the Company.
64
Disclosure in auditor’s report explanatory [Text Block]
INDEPENDENT AUDITOR'S REPORT
To The Members of Hicare Services Private Limited
Report on the Audit of the Financial Statements
We have audited the accompanying financial statements (prepared as per Accounting Standards) of Hicare Services Private Limited ("the
Company"), which comprise the Balance Sheet as at 31 March 2018, the Statement of Profit and Loss and the Cash Flow Statement for the year
then ended, and,a summary of the significant accounting policies and other explanatory information.
Manage ment's Responsibility for the Financi a l Stat e ments
The Company's management and Boar d of Directors are responsible for the matters stated in Section 134(5)of the Companies Act, 2013 ("the
Act") with respect to the preparation of these financial statements that give a true and fair view of the state of affairs, profit/loss and cash flows of
the Company in accordance with the accounting principles generally accepted in India, including the Accounting Standards specified under
section 133 of the Act.
This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the
assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting
policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal
financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation
and presentation of the financial statements that give a true and fair view and are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, management is responsible for assessing the Company's ability to continue as a going concern, disclosing,
as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the
Company or to cease operations, or has no realistic alternative but to do so.
Auditor's Responsibility
65
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 and matters 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 of the financial statements 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.
Independent Auditor's Report(Continued)
Auditor's Responsibility(Continued)
An audit involves performing procedures to obtain audit evidence about the amounts and the disclosures in the financial statements. The
procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements,
whether due to fraud or error. In making those risk assessments, the auditor considers internal financial control relevant to the Company's
preparation of the financial statements that give a true and fair view in order to design audit procedures that are appropriate in the circumstances.
An audit also includes evaluating the appropriateness of the accounting policies used and the reasonableness of the accounting estimates made by
the Company's Directors, as well as evaluating the overall presentation of the financial statements.
We are also responsible to conclude on the appropriateness of management's use of the going concern basis of accounting and, based on the audit
evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the entity's ability to
continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in the auditor's report to the
related disclosures in the financial statements or, if such disclosures are inadequate, to modify the opinion. Our conclusions are based on the audit
evidence obtained up to the date of the auditor's report. However, future events or conditions may cause an entity to cease to continue as a going
concern.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the financial
statements.
Opinion
In our opinion and to the best of our information and according to the explanations given to us, the aforesaid financial statements give the
information required by the Act in the manner so required and give a true and fair view in conformity with the accounting principles generally
accepted in India of the state of affairs of the Company as at 31 March 2018, its loss and its cash flows for the year ended on that date.
Report on Other Legal and Regulatory Requirements
66
1. As required by the Companies (Auditors' Report) Order, 2016 ("the Order") issued by the Central Government in terms of Section 143(11) of
the Act, we give in "Annexure A" a statement on the matters specified in paragraphs 3 and 4 of the Order.
2. As required by Section 143(3) of the Act, we report that:
a) We have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the
purposes of our audit.
b) In our opinion, proper books of account as required by law have been kept by the Company so far as it appears from our examination of those
books.
Independent Auditor's Report(Continued)
Report on Other Legal and Regulatory Requirements(Continued)
c) The Balance Sheet, the Statement of Profit and Loss and the Cash Flow Statement dealt with by this Report are in agreement with the books
of account.
d) In our opinion, the aforesaid financial statements comply with the Accounting Standards specified under section 133 of the Act.
e) On the basis of the written representations received from the directors as on 31 March 2018 taken on record by the Board of Directors, none of
the directors is disqualified as on 31 March 2018 from being appointed as a director in terms of Section 164(2) of the Act.
f) With respect to the adequacy of the internal financial controls with reference to financial statements of the Company and the operating
effectiveness of such controls, refer to our separate Report in "Annexure B".
g) With respect to the Other Matters to be included in the Auditor's Report in accordance with Rule 11 of the Companies (Audit and Auditors)
Rules, 2014, in our opinion and to the best of our information and according to the explanations given to us:
i. The Company has disclosed the impact of pending litigations as at 31 March 2018 on its financial position in its financial statements;-Refer
Note 29(f) to the financial statements.
67
ii. The Company did not have any long-term contracts including derivative contracts for which there were any material foreseeable losses.
iii. There were no amounts which were required to be transferred to the Investor Education and Protection Fund by the Company.
iv. The disclosures regarding holdings as well as dealings in specified bank notes during the period from 8November 2016 to 30 December
2016 have not been made since they do not pertain to the financial year ended 31 March 2018.
For B S R and Associates LLP
Chartered Accountants
Firm's Registration No. 116231W/W-100024
Farhad Bamji
Mumbai Partner
24 September 2018 Membership No. 105234
Annexure - A to the Independent Auditor's Report - 31 March 2018
The Annexure referred to in the Independent Auditor's Report to the members of the Company on the financial statements for the year ended 31
March 2018, we report that:
(i) (a) The Company has maintained proper records showing full particulars including quantitative details and situation of fixed assets.
(b) The Company has a regular programme of physical verification of its fixed assets by which all fixed assets are verified every year. In our
opinion, this periodicity of physical verification is reasonable having regard to the size of the Company and the nature of its assets. Fixed assets
68
were physically verified by the management during the year and discrepancies identified on such verification have been properly dealt with in the
books of accounts.
(c) The Company does not own any immovable properties during the year ended
31 March 2018 and hence, paragraph 3 (i) (c) of the Order is not applicable to the Company.
(ii) The inventories were physically verified by the management during the year and no material discrepancies were noticed on such verification.
In our opinion, the frequency of such verification is reasonable.
(iii) In our opinion and according to the information and explanation given to us, the Company has not granted any loans, secured or unsecured
to companies, firms, limited liability partnerships or other parties covered in the register maintained under Section 189 of the Act. Accordingly
paragraph 3(iii) of the Order is not applicable.
(iv) I n our opinion and according to the information and explanation given to us, the Company has not granted any loans or provided any
guarantee or securities to the parties covered under section 185 of the Act. The Company has complied with the provision of Section 186 of the
Act in respect of investments made.
(v) In our opinion, and according to the information and explanations given to us, the Company has not accepted any deposits from the public in
accordance with the provisions of Sections 73 to 76 or any other relevant provisions of the Act and the rules framed there under. Accordingly,
paragraph 3(v) of the Order is not applicable to the Company.
(vi) The Central Government has not prescribed the maintenance of cost records under Section 148(1) of the Act for any of the services rendered
by the Company .
(vii) (a) According to the information and explanations given to us and on the basis of our examination of the records of the Company, amounts
deducted/accrued in the books of account in respect of undisputed statutory dues including provident fund,employees' state insurance, income-tax,
sales-tax, service tax, goods and service tax, duty of customs, value added tax, and other material statutory dues have been generally regularly
deposited during the year by the Company with the appropriate authorities. As explained to us, the Company did not have any dues on account of
duty of excise and cess.
According to the information and explanations given to us, no undisputed amounts payable in respect of provident fund, employees' state
insurance, income-tax, sales-tax, service tax, goods and service tax, duty of customs, value added tax, and other material statutory dues were in
arrears as at 31 March 2018 for a period of more than six months from the date they became payable.
Annexure to the Independent Auditor's Report - 31 March 2018(Continued)
(b) According to the information and explanations given to us, there are no dues of income-tax, sales-tax, service tax, goods and service tax,
duty of customs or value added tax as at 31 March 2018 which have not been deposited with the appropriate authorities on account of any dispute,
other than those mentioned below :
Nature of Period to which the Amount Amount paid under

Name of statute Forum where dispute is pending
Dues amount relates (Rs) protest (Rs)
Maharashtra Value Added Value Added

Deputy Commissioner of Sales Tax 2005-2006 1,499,327 333,320
Tax Act, 2002 Tax
UP Value Added Tax Act, Value Added

Assistant Commissioner (Sales tax) 2005-2009 1,746,613 400,000
2008 Tax
69
Income Tax Act, 1961 Income Tax Income Tax Appellate Tribunal 2008-2009 9,553,555 Nil
The Kerala Value Added Tax Value Added Deputy Commissioner (Appeals) - II,
2006-2013 2,214,513 784,467
Act, 2003 Tax Commercial Taxes
(viii) In our opinion and according to the information and explanations given to us, the Company has not defaulted in repayment of dues to its
bankers. The Company did not have any outstanding dues to any financial institution, government or debenture holders during the year.
(ix) The Company did not raise any money by way of initial public offer or further public offer (including debt instruments) and term loans
during the year. Accordingly, paragraph 3 (ix) of the Order is not applicable.
(x) According to the information and explanations given to us, no material fraud by the Company or on the Company by its officers or employees
has been noticed or reported during the course of our audit.
(xi) The Company is incorporated as a private company and thus the provisions of Section 197 of the Act are not applicable to the Company.
Accordingly, paragraph 3(xi) of the Order is not applicable to the Company.
(xii) In our opinion and according to the information and explanations given to us, the Company is not a Nidhi company. Accordingly, paragraph
3(xii) of the Order is not applicable.
Annexure to the Independent Auditor's Report - 31 March 2018(Continued)
(xiii) According to the information and explanations given to us, all transactions with the related parties are in compliance with Sections 188 of
the Act, where applicable. The details of such related party transactions have been disclosed in the financial statements as required under
Accounting Standard (AS) 18, Related Party Disclosures specified under Section 133 of the Act, read with rule 7 of the Companies (Accounts)
Rules, 2014. The provisions of Section 177 are not applicable to the Company and accordingly, reporting under clause 3(xiii) in so far as it relates
to Section 177 of the Act is not applicable.
(xiv) According to the information and explanations given to us and based on our examination of the records of the Company, the Company has
made private placement of equity shares during the year. The Company has complied with the requirements of Section 42 of the Companies Act,
2013 and the amount raised have been used for the purpose for which the funds were raised. However the Company has not made any preferential
allotment of fully or partly convertible debentures during the year.
(xv) According to the information and explanations given to us and based on our examination of the records of the Company, the Company has
not entered into non-cash transactions with directors or persons connected with him. Accordingly, paragraph 3(xv) of the Order is not applicable.
(xvi) In our opinion and according to the information and explanations given to us, the Company is not required to be registered under section
45-IA of the Reserve Bank of India Act, 1934. Accordingly, the provision of clause 3(xvi) of the Order are not applicable to the Company.
ForB S R and Associates LLP
Firm's Registration No: 116231W/W-100024
70
Farhad Bamji
Mumbai Partner
24 September 2018 Membership No: 105234
Annexure - B to the Independent Auditor's Report - 31 March 2018
Report on the Internal Financial Controls under Clause (i) of Sub-section 3 of Section 143 of the Companies Act, 2013 ("the Act")
We have audited the internal financial controls with reference to financial statements of Hicare Services Private Limited ("the Company") as of 31
March 2018 in conjunction with our audit of the financial statements of the Company for the year ended on that date.
Management's Responsibility for Internal Financial Controls
The Company's management is responsible for establishing and maintaining internal financial controls based on the internal control over financial
reporting criteria established by the Company considering the essential components of internal control stated in the Guidance Note on Audit of
Internal Financial Controls over Financial Reporting issued by the Institute of Chartered Accountants of India ('ICAI'). These responsibilities
include the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the
orderly and efficient conduct of its business, including adherence to company's policies, the safeguarding of its assets, the prevention and
detection of frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable financial
information, as required under the Act.
Auditor's Responsibility
Our responsibility is to express an opinion on the Company's internal financial controls with reference to financial statements based on our audit.
We conducted our audit in accordance with the Guidance Note on Audit of Internal Financial Controls over Financial Reporting (the "Guidance
Note") and the Standards on Auditing, issued by ICAI and deemed to be prescribed under Section 143(10) of the Act, to the extent applicable to
an audit of internal financial controls, both applicable to an audit of Internal Financial Controls and, both issued by the ICAI. Those Standards and
the Guidance Note require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether
adequate internal financial controls with reference to financial statements was established and maintained and if such controls operated effectively
in all material respects.
Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls system with reference to
financial statements and their operating effectiveness. Our audit of internal financial controls with reference to financial statements included
obtaining an understanding of internal financial controls with reference to financial statements, assessing the risk that a material weakness exists,
and testing and evaluating the design and operating effectiveness of internal control based on the assessed risk. The procedures selected depend
on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the Company's
internal financial controls system with reference to financial statements.
Annexure - B to the Independent Auditor's Report - 31 March 2018(Continued)
71
Meaning of Internal Financial Controls with reference to Financial Statements
A Company's internal financial control with reference to financial statements is a process designed to provide reasonable assurance regarding the
reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted
accounting principles. A Company's internal financial control with reference to financial statements includes those policies and procedures that
(1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of
the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in
accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance
with authorisations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection
of unauthorised acquisition, use, or disposition of the company's assets that could have a material effect on the financial statements.
Inherent Limitations of Internal Financial Controls with reference to Financial Statements
Because of the inherent limitations of internal financial controls with reference to financial statements, including the possibility of collusion or
improper management override of controls, material misstatements due to error or fraud may occur and not be detected. Also, projections of any
evaluation of the internal financial controls with reference to financial statements to future periods are subject to the risk that the internal financial
control with reference to financial statements may become inadequate because of changes in conditions, or that the degree of compliance with the
policies or procedures may deteriorate.
Opinion
In our opinion, the Company has, in all material respects, an adequate internal financial controls system with reference to financial statements and
such internal financial controls with reference to financial statements were operating effectively as at 31 March 2018, based on the internal
control with reference to financial statements criteria established by the Company considering the essential components of internal control stated
in the Guidance Note on Audit of Internal Financial Controls Over Financial Reporting issued by the ICAI.
ForB S R and Associates LLP
Firm's Registration No: 116231W/W-100024
Farhad Bamji
Mumbai Partner
24 September 2018 Membership No: 105234
72
[400500] Disclosures - Secretarial audit report

01/04/2017
to
31/03/2018
Disclosure in secretarial audit report explanatory [TextBlock]
Whether secretarial audit report is applicable on company No
[100100] Balance sheet

31/03/2018 31/03/2017
Balance sheet [Abstract]
Equity and liabilities [Abstract]
Shareholders' funds [Abstract]
Share capital 12,41,09,930 11,53,84,350
Reserves and surplus -25,79,19,410 -19,50,13,319
Money received against share warrants 3,90,00,000 0
Total shareholders' funds -9,48,09,480 -7,96,28,969
Share application money pending allotment 0 0
Deferred government grants 0 0
Minority interest 0 0
Non-current liabilities [Abstract]
Long-term borrowings 0 2,85,71,430
Other long-term liabilities 1,19,95,000 1,45,54,525
Long-term provisions 1,36,81,000 2,08,61,000
Total non-current liabilities 2,56,76,000 6,39,86,955
Current liabilities [Abstract]
Short-term borrowings 3,00,00,000 8,00,00,000
Trade payables 1,22,95,203 1,57,05,250
Other current liabilities 33,48,20,802 33,73,48,193
Short-term provisions 25,15,000 85,34,000
Total current liabilities 37,96,31,005 44,15,87,443
Total equity and liabilities 31,04,97,525 42,59,45,429
Assets [Abstract]
Non-current assets [Abstract]
Fixed assets [Abstract]
Tangible assets 2,28,86,264 3,27,49,011
Intangible assets 3,22,90,702 56,62,153
Tangible assets capital work-in-progress 0 0
Intangible assets under development or work-in-progress 67,19,904 1,47,09,832
Total fixed assets 6,18,96,870 5,31,20,996
Non-current investments 0 0
Long-term loans and advances 8,07,98,011 6,37,75,324
Other non-current assets 2,96,140 6,22,513
Total non-current assets 14,29,91,021 11,75,18,833
Current assets [Abstract]
Current investments 0 0
Inventories 1,49,46,993 2,51,51,292
Trade receivables 9,58,23,277 14,65,60,410
Cash and bank balances 1,22,99,709 8,43,15,207
Short-term loans and advances 4,40,00,751 5,15,87,291
Other current assets 4,35,774 8,12,396
Total current assets 16,75,06,504 30,84,26,596
Total assets 31,04,97,525 42,59,45,429
73
[400300] Disclosures - Signatories of financial statements
Details of directors signing financial statements [Table] ..(1)

Directors signing financial statements [Axis] Column1 Column2
01/04/2017 01/04/2017
to to
31/03/2018 31/03/2018
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 MAHENDRAN HARESH
Middle name of director RAM
Last name of director ARUMUGHAM CHAWLA
Designation of director Nominee Director Nominee Director
Director identification number of director 00242423 00029828
Date of signing of financial statements by director 24/09/2018 24/09/2018

01/04/2017
to
31/03/2018
Name of company secretary VISHNU KUMAR SAH
Permanent account number of company secretary CGDPS0363K
Date of signing of financial statements by company secretary 24/09/2018
74
[100400] Cash flow statement, indirect

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Statement of cash flows [Abstract]
Whether cash flow statement is applicable on company Yes Yes
Cash flows from used in operating activities [Abstract]
Profit before extraordinary items and tax -22,73,08,994 -41,55,21,607
Adjustments for reconcile profit (loss) [Abstract]
Adjustments to profit (loss) [Abstract]
Adjustments for finance costs (A) 16,22,572 (B) 1,29,27,942
Adjustments for depreciation and amortisation expense 1,61,41,943 1,49,59,197
Adjustments for share-based payments 31,91,483 83,47,794
Other adjustments for which cash effects are investing or
0 11,31,630
financing cash flow
Other adjustments to reconcile profit (loss) -8,40,644 -11,25,350
Other adjustments for non-cash items (C) 4,44,44,195 (D) 10,35,46,290

Total adjustments to profit (loss) 6,45,59,549 13,97,87,503
Adjustments for working capital [Abstract]
Adjustments for decrease (increase) in inventories 1,02,04,299 -43,04,203
Adjustments for decrease (increase) in trade receivables 86,05,837 -7,55,93,494
Adjustments for decrease (increase) in other current assets -3,19,04,197 -16,62,035
Adjustments for increase (decrease) in trade payables -34,10,047 1,01,50,242
Adjustments for increase (decrease) in other current liabilities -2,07,40,690 5,93,97,585
Total adjustments for working capital -3,72,44,798 -1,20,11,905
Total adjustments for reconcile profit (loss) 2,73,14,751 12,77,75,598
Net cash flows from (used in) operations -19,99,94,243 -28,77,46,009
Income taxes paid (refund) -2,64,95,388 -2,58,39,768
Net cash flows from (used in) operating activities before extraordinary
-17,34,98,855 -26,19,06,241
items
Net cash flows from (used in) operating activities -17,34,98,855 -26,19,06,241
Cash flows from used in investing activities [Abstract]
Proceeds from sales of tangible assets 0 75,000
Purchase of tangible assets 2,23,70,765 2,18,72,965
Proceeds from sales of intangible assets 16,58,40,644 25,31,25,349
Purchase of intangible assets 16,50,00,000 21,20,00,000
Interest received 11,78,407 6,08,608
Other inflows (outflows) of cash 22,79,240 22,43,699
Net cash flows from (used in) investing activities before extraordinary
-1,80,72,474 2,21,79,691
items
Net cash flows from (used in) investing activities -1,80,72,474 2,21,79,691
Cash flows from used in financing activities [Abstract]
Proceeds from issuing shares 17,00,00,486 33,99,73,062
Proceeds from borrowings -10,85,71,428 -1,67,41,213
Repayments of borrowings -3,00,00,000 0
Interest paid 89,20,359 1,91,16,378
Other inflows (outflows) of cash (E) 3,90,00,000

0
Net cash flows from (used in) financing activities before extraordinary
12,15,08,699 30,41,15,471
items
Net cash flows from (used in) financing activities 12,15,08,699 30,41,15,471
Net increase (decrease) in cash and cash equivalents before effect of
-7,00,62,630 6,43,88,921
exchange rate changes
Net increase (decrease) in cash and cash equivalents -7,00,62,630 6,43,88,921
Cash and cash equivalents cash flow statement at end of period 1,08,67,856 8,09,30,486
75
Footnotes
(A) Interest income on income tax refund - Rs. 3976961
(B) Interest income on income tax refund :Rs.-5699851
(C) Provision for doubtful receivables - Rs. 12610128
(D) Provision for doubtful receviable:Rs.98165714
(E) Money received against share warrants
[200100] Notes - Share capital
Disclosure of shareholding more than five per cent in company [Table] ..(1)
Classes of share capital [Axis] Equity shares [Member] Equity shares 1 [Member]
Shareholder 1 Shareholder 2
Name of shareholder [Axis] Shareholder 1 [Member]
[Member] [Member]
01/04/2017 01/04/2016
31/03/2017 31/03/2017 to to
31/03/2018 31/03/2017
Disclosure of shareholding more than five per cent in
company [Abstract]
Disclosure of shareholding more than five per cent
in company [LineItems]
Type of share Equity Shares Equity Shares
TRUE NORTH TRUE NORTH
Name of shareholder TRUSTEESHIP PRIVATE TRUSTEESHIP PRIVATE
LIMITED LIMITED
CIN of shareholder U74140KA2006PTC040274 U74140KA2006PTC040274
Country of incorporation or residence of
INDIA INDIA
shareholder
Number of shares held in company [shares] 5,96,661 [shares] 5,96,661 [shares] 1,18,14,322 [shares] 1,09,41,774
Percentage of shareholding in company 95.19% 94.83%
Disclosure of shareholding more than five per cent in company [Table] ..(2)
Classes of share capital [Axis] Equity shares 1 [Member]
Name of shareholder [Axis] Shareholder 2 [Member]
01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of shareholding more than five per cent in company [Abstract]
Disclosure of shareholding more than five per cent in company [LineItems]
GOODLIFE PRODUCTS GOODLIFE PRODUCTS
Name of shareholder LIMITED LIMITED
CIN of shareholder U15499TN1995PLC031955 U15499TN1995PLC031955
Country of incorporation or residence of shareholder INDIA INDIA
Number of shares held in company [shares] 5,96,661 [shares] 5,96,661
Percentage of shareholding in company 5.17% 5.17%
76
Disclosure of classes of share capital [Table] ..(1)

Classes of share capital [Axis] Share capital [Member] Equity shares [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [LineItems]
Number of shares authorised [shares] 1,50,00,000 [shares] 1,50,00,000 [shares] 1,50,00,000 [shares] 1,50,00,000
Value of shares authorised 15,00,00,000 15,00,00,000 15,00,00,000 15,00,00,000
Number of shares issued [shares] 1,24,10,993 [shares] 1,15,38,435 [shares] 1,24,10,993 [shares] 1,15,38,435
Value of shares issued 12,41,09,930 11,53,84,350 12,41,09,930 11,53,84,350
Number of shares subscribed and fully paid [shares] 1,24,10,993 [shares] 1,15,38,435 [shares] 1,24,10,993 [shares] 1,15,38,435
Value of shares subscribed and fully paid 12,41,09,930 11,53,84,350 12,41,09,930 11,53,84,350
Number of shares subscribed but not fully paid [shares] 0 [shares] 0 [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0 0 0
Total number of shares subscribed [shares] 1,24,10,993 [shares] 1,15,38,435 [shares] 1,24,10,993 [shares] 1,15,38,435
Total value of shares subscribed 12,41,09,930 11,53,84,350 12,41,09,930 11,53,84,350
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 1,24,10,993 [shares] 1,15,38,435 [shares] 1,24,10,993 [shares] 1,15,38,435
Value of shares called 12,41,09,930 11,53,84,350 12,41,09,930 11,53,84,350
Calls unpaid [Abstract]
Calls unpaid by directors and officers
[Abstract]
Calls unpaid by directors 0 0 0 0
Calls unpaid by officers 0 0 0 0
Total calls unpaid by directors and
0 0 0 0
officers
Calls unpaid by others 0 0 0 0
Total calls unpaid 0 0 0 0
Forfeited shares 0 0 0 0
Forfeited shares reissued 0 0 0 0
Value of shares paid-up 12,41,09,930 11,53,84,350 12,41,09,930 11,53,84,350
Reconciliation of number of shares outstanding
[Abstract]
Changes in number of shares outstanding
[Abstract]
Increase in number of shares outstanding
[Abstract]
Number of shares issued in public offering [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as bonus shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as rights [shares] 8,72,558 [shares] 0 [shares] 8,72,558 [shares] 0
Number of shares issued in private
placement arising out of conversion of
[shares] 0 [shares] 0 [shares] 0 [shares] 0
debentures preference shares during
period
Number of shares issued in other private
placement
Number of shares issued as preferential
allotment arising out of conversion of
debentures preference shares during
period
Number of shares issued as other
preferential allotment
Number of shares allotted for
contracts without payment received [shares] 0 [shares] 0 [shares] 0 [shares] 0
in cash
Number of shares issued under scheme of
amalgamation
Number of other issues of shares [shares] 0 [shares] 17,44,973 [shares] 0 [shares] 17,44,973
Number of shares issued under employee
stock option plan
Number of other issue of shares
arising out of conversion of [shares] 0 [shares] 0 [shares] 0 [shares] 0
securities
Total aggregate number of shares issued
[shares] 8,72,558 [shares] 17,44,973 [shares] 8,72,558 [shares] 17,44,973
during period
77
Decrease in number of shares during period

[Abstract]
Number of shares bought back [shares] 0 [shares] 0 [shares] 0 [shares] 0
Other decrease in number of shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Total decrease in number of shares during
period
Total increase (decrease) in number of
[shares] 8,72,558 [shares] 17,44,973 [shares] 8,72,558 [shares] 17,44,973
shares outstanding
Number of shares outstanding at end of period [shares] 1,24,10,993 [shares] 1,15,38,435 [shares] 1,24,10,993 [shares] 1,15,38,435
Reconciliation of value of shares outstanding
[Abstract]
Changes in share capital [Abstract]
Increase in share capital during period
[Abstract]
Amount of public issue during period 0 0 0 0
Amount of bonus issue during period 0 0 0 0
Amount of rights issue during period 87,25,580 0 87,25,580 0
Amount of private placement issue
arising out of conversion of debentures 0 0 0 0
preference shares during period
Amount of other private placement issue
0 0 0 0
during period
Amount of preferential allotment issue
arising out of conversion of debentures 0 0 0 0
preference shares during period
Amount of other preferential allotment
0 0 0 0
issue during period
Amount of issue allotted for
contracts without payment 0 0 0 0
received in cash during period
Amount of issue under scheme of
0 0 0 0
amalgamation during period
Amount of other issues during period 0 1,74,49,730 0 1,74,49,730
Amount of employee stock option plan
0 0 0 0
issued during period
Amount of other issue arising out of
conversion of securities during 0 0 0 0
period
Total aggregate amount of increase in
87,25,580 1,74,49,730 87,25,580 1,74,49,730
share capital during period
Decrease in share capital during period
[Abstract]
Decrease in amount of shares bought back 0 0 0 0
Other decrease in amount of shares 0 0 0 0
Total decrease in share capital during
0 0 0 0
period
Total increase (decrease) in share capital 87,25,580 1,74,49,730 87,25,580 1,74,49,730
Share capital at end of period 12,41,09,930 11,53,84,350 12,41,09,930 11,53,84,350
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] 1,18,14,322 [shares] 10,94,17,740 [shares] 1,18,14,322 [shares] 10,94,17,740
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 [shares] 1,18,14,322 [shares] 10,94,17,740 [shares] 1,18,14,322 [shares] 10,94,17,740
subsidiaries or associates
Details of application money received for
allotment of securities and due for refund and
interest accrued thereon [Abstract]
78
Application money received for allotment of

securities and due for refund and interest
accrued thereon [Abstract]
Application money received for
allotment of securities and due for 0 0 0 0
refund, principal
Application money received for
allotment of securities and due for 0 0 0 0
refund, interest accrued
Total application money received for
allotment of securities and due for refund 0 0 0 0
and interest accrued thereon
Number of shares proposed to be issued [shares] 0 [shares] 0 [shares] 0 [shares] 0
Share premium for shares to be allotted 0 0 0 0
Description of whether company have
sufficient authorised capital to cover
NA NA NA NA
proposed share capital amount resulting from
allotment
Over due period for which application
money is pending prior to allotment of NA NA NA NA
shares
Reason for over due period for which
application money is pending prior to NA NA NA NA
allotment of shares
79
Disclosure of classes of share capital [Table] ..(2)

Classes of share capital [Axis] Equity shares 1 [Member]
01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [LineItems]
Number of shares authorised [shares] 1,50,00,000 [shares] 1,50,00,000
Value of shares authorised 15,00,00,000 15,00,00,000
Number of shares issued [shares] 1,24,10,993 [shares] 1,15,38,435
Value of shares issued 12,41,09,930 11,53,84,350
Number of shares subscribed and fully paid [shares] 1,24,10,993 [shares] 1,15,38,435
Value of shares subscribed and fully paid 12,41,09,930 11,53,84,350
Number of shares subscribed but not fully paid [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0
Total number of shares subscribed [shares] 1,24,10,993 [shares] 1,15,38,435
Total value of shares subscribed 12,41,09,930 11,53,84,350
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 1,24,10,993 [shares] 1,15,38,435
Value of shares called 12,41,09,930 11,53,84,350
Calls unpaid [Abstract]
Calls unpaid by directors and officers [Abstract]
Calls unpaid by directors 0 0
Calls unpaid by officers 0 0
Total calls unpaid by directors and officers 0 0
Calls unpaid by others 0 0
Total calls unpaid 0 0
Forfeited shares 0 0
Forfeited shares reissued 0 0
Value of shares paid-up 12,41,09,930 11,53,84,350
Par value per share [INR/shares] 10 [INR/shares] 10
Amount per share called in case shares not fully called [INR/shares] 0 [INR/shares] 0
Reconciliation of number of shares outstanding [Abstract]
Changes in number of shares outstanding [Abstract]
Increase in number of shares outstanding [Abstract]
Number of shares issued in public offering [shares] 0 [shares] 0
Number of shares issued as bonus shares [shares] 0 [shares] 0
Number of shares issued as rights [shares] 8,72,558 [shares] 0
Number of shares issued in private placement arising out of conversion
[shares] 0 [shares] 0
of debentures preference shares during period
Number of shares issued in other private placement [shares] 0 [shares] 0
Number of shares issued as preferential allotment arising out of
[shares] 0 [shares] 0
conversion of debentures preference shares during period
Number of shares issued as other preferential allotment [shares] 0 [shares] 0
Number of shares allotted for contracts without payment received in cash [shares] 0 [shares] 0
Number of shares issued under scheme of amalgamation [shares] 0 [shares] 0
Number of other issues of shares [shares] 0 [shares] 17,44,973
Number of shares issued under employee stock option plan [shares] 0 [shares] 0
Number of other issue of shares arising out of conversion of securities [shares] 0 [shares] 0
Total aggregate number of shares issued during period [shares] 8,72,558 [shares] 17,44,973
Decrease in number of shares during period [Abstract]
Number of shares bought back [shares] 0 [shares] 0
Other decrease in number of shares [shares] 0 [shares] 0
Total decrease in number of shares during period [shares] 0 [shares] 0
Total increase (decrease) in number of shares outstanding [shares] 8,72,558 [shares] 17,44,973
Number of shares outstanding at end of period [shares] 1,24,10,993 [shares] 1,15,38,435
Reconciliation of value of shares outstanding [Abstract]
Changes in share capital [Abstract]
Increase in share capital during period [Abstract]
Amount of public issue during period 0 0
Amount of bonus issue during period 0 0
Amount of rights issue during period 87,25,580 0
80
Amount of private placement issue arising out of conversion of

0 0
debentures preference shares during period
Amount of other private placement issue during period 0 0
Amount of preferential allotment issue arising out of conversion of
0 0
debentures preference shares during period
Amount of other preferential allotment issue during period 0 0
Amount of issue allotted for contracts without payment received in cash
0 0
during period
Amount of issue under scheme of amalgamation during period 0 0
Amount of other issues during period 0 1,74,49,730
Amount of employee stock option plan issued during period 0 0
Amount of other issue arising out of conversion of securities during period 0 0
Total aggregate amount of increase in share capital during period 87,25,580 1,74,49,730
Decrease in share capital during period [Abstract]
Decrease in amount of shares bought back 0 0
Other decrease in amount of shares 0 0
Total decrease in share capital during period 0 0
Total increase (decrease) in share capital 87,25,580 1,74,49,730
Share capital at end of period 12,41,09,930 11,53,84,350
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] 1,18,14,322 [shares] 10,94,17,740
Shares in company held by ultimate holding company [shares] 0 [shares] 0
Shares in company held by subsidiaries of its holding company [shares] 0 [shares] 0
Shares in company held by subsidiaries of its ultimate holding company [shares] 0 [shares] 0
Shares in company held by associates of its holding company [shares] 0 [shares] 0
Shares in company held by associates of its ultimate holding company [shares] 0 [shares] 0
Total shares in company held by holding company or ultimate holding company
[shares] 1,18,14,322 [shares] 10,94,17,740
or by its subsidiaries or associates
Details of application money received for allotment of securities and due for
refund and interest accrued thereon [Abstract]
Application money received for allotment of securities and due for refund and
interest accrued thereon [Abstract]
Application money received for allotment of securities and due for refund,
0 0
principal
Application money received for allotment of securities and due for refund,
0 0
interest accrued
Total application money received for allotment of securities and due for
0 0
refund and interest accrued thereon
Number of shares proposed to be issued [shares] 0 [shares] 0
Share premium for shares to be allotted 0 0
Description of whether company have sufficient authorised capital to cover
NA NA
proposed share capital amount resulting from allotment
Over due period for which application money is pending prior to allotment of
NA NA
shares
Reason for over due period for which application money is pending prior to
NA NA
allotment of shares

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Textual information (36) Textual information (37)
Disclosure of notes on share capital explanatory [TextBlock] [See below] [See below]
Whether there are any shareholders holding more than five per cent
Yes Yes
shares in company
Number of persons on private placement of preference share 0 0
Number of shareholders of company 0 0
Number of allottees in case of preferential allotment 0 0
Whether reduction in capital done during year No No
Whether money raised from public offering during year No No
81
Disclosure of notes on share capital explanatory [Text Block]

Share capital March 2018 March 2017
Authorised
15,000,000 ( 31 March 2017: 15,000,000) 150000000 150000000
equity shares of Rs 10 each
Issued, subscribed and fully paid up
12,410,993 (31 March 2017: 11,538,435) 124109930 115384350
Disclosure of notes on share capital explanatory [Text Block]

Share capital March 2017 March 2018
Authorised
15,000,000 ( 31 March 2017: 15,000,000) 150000000 150000000
Issued, subscribed and fully paid up
115384350 (31 March 2016: 97934620) 115384350 97934620
82
[200200] Notes - Reserves and surplus
Statement of changes in reserves [Table] ..(1)

Components of reserves [Axis] Reserves [Member] Securities premium account [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017
Statement of changes in reserves [Abstract]
Statement of changes in reserves [LineItems]
Changes in reserves [Abstract]
Additions to reserves [Abstract]
Profit (loss) for period -22,73,72,479 -41,69,65,653 0 0
Other additions to reserves 16,44,66,389 33,08,71,126 16,12,74,906 32,25,23,332
Total additions to reserves -6,29,06,090 -8,60,94,527 16,12,74,906 32,25,23,332
Total changes in reserves -6,29,06,090 -8,60,94,527 16,12,74,906 32,25,23,332
Reserves at end of period -25,79,19,410 -19,50,13,319 79,71,22,641 63,58,47,735

Share options outstanding account
Components of reserves [Axis] Other reserves [Member]
[Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017
Profit (loss) for period 0 0 0 0
Other additions to reserves 31,91,483 83,47,794 0 0
Total additions to reserves 31,91,483 83,47,794 0 0
Total changes in reserves 31,91,483 83,47,794 0 0
Reserves at end of period 1,15,39,277 83,47,794 36,73,280 36,73,280

Components of reserves [Axis] General reserve [Member] Surplus [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017
Profit (loss) for period 0 0 -22,73,72,479 -41,69,65,653
Other additions to reserves 0 0 0 0
Total additions to reserves 0 0 -22,73,72,479 -41,69,65,653
Total changes in reserves 0 0 -22,73,72,479 -41,69,65,653
Reserves at end of period 36,73,280 36,73,280 -107,02,54,608 -84,28,82,128

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of notes on reserves explanatory [TextBlock] [See below] [See below]
83
Disclosure of notes on reserves explanatory [Text Block]

31 March 2018 31 March 2017
Reserves and surplus
Securities premium account
At the commencement of the year 635,847,735 313,324,403
Add: Addition due to issue of shares 161,274,906 322,523,332
At the end of the year 797,122,641 635,847,735
General reserve
At the commencement and at the end of the year 3,673,280 3,673,280
Share Options Outstanding Account
At the commencement of the year 8,347,794 -
Add: Addition during the year 3,191,483 8,347,794
At the end of the year 11,539,277 8,347,794
(Deficit) / Surplus i.e balance in statement of profit and loss
At the commencement of the year (842,882,129) (425,916,475)
Loss for the year (227,372,479) (416,965,654)
- -
At the end of the year (1,070,254,608) (842,882,129)
(257,919,411) (195,013,320)
Disclosure of notes on reserves explanatory [Text Block]

4 Reserves and surplus
Securities premium account
At the commencement of the year 31,33,24,403 7,26,94,225
Add: Addition due to issue of shares under rights issue 32,25,23,332 24,06,30,178
At the end of the year 63,58,47,735 31,33,24,403
General reserve
At the commencement and at the end of the year 36,73,280 36,73,280
Share Options Outstanding Account
At the commencement of the year - -
Add: Addition during the year 83,47,794 -
At the end of the year 83,47,794 -
(Deficit) / Surplus i.e balance in statement of profit and loss
At the commencement of the year -42,59,16,475 -13,86,01,656
Loss for the year -41,69,65,654 -28,73,14,819
At the end of the year -84,28,82,129 -42,59,16,475

(19,50,13,320) (10,89,18,793)
84
[200300] Notes - Borrowings
Classification of borrowings [Table] ..(1)

Classification based on time period [Axis] Long-term [Member]
Rupee term loans
Term loans
Classification of borrowings [Axis] Term loans from banks [Member] from banks
[Member]
[Member]
Secured Secured
Subclassification of borrowings [Axis] borrowings Secured borrowings [Member] borrowings
[Member] [Member]
01/04/2017
01/04/2016 01/04/2016 01/04/2017
to to to
to
31/03/2017 31/03/2017 31/03/2018
31/03/2018
Borrowings notes [Abstract]
Details of borrowings [Abstract]
Details of borrowings [LineItems]
Borrowings 2,85,71,430 0 2,85,71,430 0
Nature of security [Abstract]
Textual information Textual information (41) [See
Nature of security (40) [See below]
NIL
below]
NIL
Details on loans guaranteed [Abstract]

Aggregate amount of loans guaranteed by
0 0 0 0
directors
0 0 0 0
others
Details on defaults on borrowings [Abstract]
Outstanding amount of continuing default
0 0 0 0
principal
0 0 0 0
interest

Long-term
Classification based on time period [Axis] Short-term [Member]
[Member]
Rupee term loans
Term loans
Classification of borrowings [Axis] from banks Term loans from others [Member]
[Member]
[Member]
Secured Unsecured
Subclassification of borrowings [Axis] borrowings borrowings Unsecured borrowings [Member]
[Member] [Member]
01/04/2016
to 31/03/2017 31/03/2018 31/03/2017
31/03/2017
Borrowings 2,85,71,430 8,00,00,000 3,00,00,000 8,00,00,000
Nature of security [Abstract]
Textual information
Nature of security (42) [See below]
0 0 0 0
directors
0 0 0 0
others
0 0 0 0
principal
0 0 0 0
interest
85

Classification of borrowings [Axis] Rupee term loans from others [Member]
Subclassification of borrowings [Axis] Unsecured borrowings [Member]
31/03/2018 31/03/2017
Borrowings 3,00,00,000 8,00,00,000
Aggregate amount of loans guaranteed by directors 0 0
Aggregate amount of loans guaranteed by others 0 0
Outstanding amount of continuing default principal 0 0
Outstanding amount of continuing default interest 0 0

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of notes on borrowings explanatory [TextBlock] [See below] [See below]
Nature of security
'Terms of repayment : Pertains to loan taken during the financial year 2014-15 which carries interest rate of 13% per annum. It is repayable in 4
years including 6 months moratorium and post moratorium repayment in 14 equal quarterly installments of Rs. 7,142,859 . The term loan is
secured against exclusive charge on current assets and comfort letter from IVF.
Nature of security
Nature of security
86
Disclosure of notes on borrowings explanatory [Text Block]

Long term borrowings March 2017 March 2018
Term loan from bank (secured) - 28571430
Terms of repayment :
Pertains to loan taken during the financial year 2014-15 which carries interest rate of 13% per annum. It is repayable in 4 years including 6
months moratorium and post moratorium repayment in 14 equal quarterly installments of Rs. 7,142,859 . The term loan is secured against
exclusive charge on current assets and comfort letter from True North Fund ( Formerly India Value Fund).
Short term borrowings March 2017 March 2018
Loans from other parties (unsecured) 30000000 80000000
(Refer note below)
i) Loan from other parties as at 31 March 2017 carried interest of 11 % p.a and are repayable within a period of 2 to 12 months and have been
repaid
during the year.
ii) During the year Loan carrying interest of 13.5% p.a has been obtained and is repayable as bullet payment at the end of 3 months.
87
Disclosure of notes on borrowings explanatory [Text Block]

5 Long term borrowings
Term loan from bank (secured)

2,85,71,430 5,71,42,858
2,85,71,430 5,71,42,858
Pertains to loan taken during the financial year 2014-15 which carries interest rate of 13% per annum. It is
repayable in 4 years including 6 months moratorium and post moratorium repayment in 14 equal quarterly
installments of Rs. 7,142,859 . The term loan is secured against exclusive charge on current assets and comfort
letter from IVF.
8 Short term borrowings
Loans from other parties (unsecured) (Refer (i) below)

8,00,00,000 7,00,00,000
8,00,00,000 7,00,00,000
i) Loans from other parties carry interest of 11% p.a and are repayable within a period of 2 months to 12
months.
88
[201000] Notes - Tangible assets
Disclosure of tangible assets [Table] ..(1)

Classes of tangible assets [Axis] Company total tangible assets [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross Gross carrying amount Accumulated depreciation and
Carrying amount [Member]
carrying amount [Axis] [Member] impairment [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017 31/03/2018 31/03/2017
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets
[LineItems]
Reconciliation of changes in
tangible assets [Abstract]
Changes in tangible assets
[Abstract]
Additions other than through
business combinations tangible 82,56,844 1,29,72,652 82,56,844 1,29,72,652
assets
Acquisitions through
business combinations 0 0 0 0
tangible assets
Depreciation tangible assets -1,24,46,185 -1,19,90,252 1,24,46,185 1,19,90,252
Impairment loss
recognised in profit or 0 0 0 0
loss tangible assets
Reversal of impairment loss
recognised in profit or loss 0 0 0 0
tangible assets
Revaluation increase
0 0 0 0
(decrease) tangible assets
Disposals tangible assets
[Abstract]
0 0 0 0 0 0
through demergers
Disposals tangible assets,
56,73,406 30,57,523 1,93,97,203 1,42,14,010 1,37,23,797 1,11,56,487
others
Total disposals tangible
56,73,406 30,57,523 1,93,97,203 1,42,14,010 1,37,23,797 1,11,56,487
assets
Other adjustments tangible
assets [Abstract]
Increase (decrease) through
net exchange differences 0 0 0 0
tangible assets
0 0 0 0 0 0
assets, others
Total other adjustments
0 0 0 0 0 0
tangible assets
Total changes in tangible
-98,62,747 -20,75,123 -1,11,40,359 -12,41,358 -12,77,612 8,33,765
assets
Tangible assets at end of period 2,28,86,264 3,27,49,011 6,13,22,045 7,24,62,404 3,84,35,781 3,97,13,393
89

Classes of tangible assets [Axis] Plant and equipment [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017 31/03/2018 31/03/2017
[LineItems]
[Abstract]
business combinations tangible 6,07,883 52,91,165 6,07,883 52,91,165
assets
tangible assets
Depreciation tangible assets -27,09,644 -32,85,244 27,09,644 32,85,244
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
46,18,933 24,65,690 1,09,38,570 79,12,088 63,19,637 54,46,398
others
46,18,933 24,65,690 1,09,38,570 79,12,088 63,19,637 54,46,398
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-67,20,694 -4,59,769 -1,03,30,687 -26,20,923 -36,09,993 -21,61,154
assets
Tangible assets at end of period 34,64,660 1,01,85,354 73,32,621 1,76,63,308 38,67,961 74,77,954
90

Classes of tangible assets [Axis] Plant and equipment [Member] Other plant and equipment [Member]
Sub classes of tangible assets [Axis] Owned assets [Member] Owned and leased assets [Member]
Accumulated
Carrying Gross carrying Gross carrying
Carrying amount accumulated depreciation and gross depreciation
amount amount Carrying amount [Member] amount
carrying amount [Axis] and impairment
[Member]
01/04/2016 01/04/2016 01/04/2016 01/04/2017 01/04/2016 01/04/2017
to to to to to to
31/03/2017 31/03/2017 31/03/2017 31/03/2018 31/03/2017 31/03/2018
[LineItems]
[Abstract]
business combinations tangible 52,91,165 52,91,165 6,07,883 52,91,165 6,07,883
assets
business combinations 0 0 0 0 0
tangible assets
Depreciation tangible assets -32,85,244 32,85,244 -27,09,644 -32,85,244
Impairment loss
tangible assets
0 0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
24,65,690 79,12,088 54,46,398 46,18,933 24,65,690 1,09,38,570
others
24,65,690 79,12,088 54,46,398 46,18,933 24,65,690 1,09,38,570
assets
assets [Abstract]
net exchange differences 0 0 0 0 0
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-4,59,769 -26,20,923 -21,61,154 -67,20,694 -4,59,769 -1,03,30,687
assets
Tangible assets at end of period 1,01,85,354 1,76,63,308 74,77,954 34,64,660 1,01,85,354 73,32,621
91

Classes of tangible assets [Axis] Other plant and equipment [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member] Owned assets [Member]
Gross carrying Gross carrying
Carrying amount accumulated depreciation and gross Accumulated depreciation and
amount Carrying amount [Member] amount
carrying amount [Axis] impairment [Member]
[Member] [Member]
01/04/2016 01/04/2017 01/04/2016 01/04/2017 01/04/2016 01/04/2017
to to to to to to
31/03/2017 31/03/2018 31/03/2017 31/03/2018 31/03/2017 31/03/2018
[LineItems]
[Abstract]
assets
tangible assets
Depreciation tangible assets 27,09,644 32,85,244 -27,09,644 -32,85,244
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
79,12,088 63,19,637 54,46,398 46,18,933 24,65,690 1,09,38,570
others
79,12,088 63,19,637 54,46,398 46,18,933 24,65,690 1,09,38,570
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-26,20,923 -36,09,993 -21,61,154 -67,20,694 -4,59,769 -1,03,30,687
assets
Tangible assets at end of period 1,76,63,308 38,67,961 74,77,954 34,64,660 1,01,85,354 73,32,621
92

Classes of tangible assets [Axis] Other plant and equipment [Member] Furniture and fixtures [Member]
[Member] [Member]
01/04/2016 01/04/2017 01/04/2016 01/04/2017 01/04/2016 01/04/2017
to to to to to to
31/03/2017 31/03/2018 31/03/2017 31/03/2018 31/03/2017 31/03/2018
[LineItems]
[Abstract]
business combinations tangible 52,91,165 43,055 4,95,239 43,055
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
79,12,088 63,19,637 54,46,398 2,29,700 42,178 9,22,640
others
79,12,088 63,19,637 54,46,398 2,29,700 42,178 9,22,640
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-26,20,923 -36,09,993 -21,61,154 -30,17,067 -24,23,008 -8,79,585
assets
Tangible assets at end of period 1,76,63,308 38,67,961 74,77,954 73,47,937 1,03,65,004 1,71,54,775
93

Classes of tangible assets [Axis] Furniture and fixtures [Member]
[Member] [Member]
01/04/2016 01/04/2017 01/04/2016 01/04/2017 01/04/2016 01/04/2017
to to to to to to
31/03/2017 31/03/2018 31/03/2017 31/03/2018 31/03/2017 31/03/2018
[LineItems]
[Abstract]
business combinations tangible 4,95,239 43,055 4,95,239 43,055
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
5,83,388 6,92,940 5,41,210 2,29,700 42,178 9,22,640
others
5,83,388 6,92,940 5,41,210 2,29,700 42,178 9,22,640
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-88,149 21,37,482 23,34,859 -30,17,067 -24,23,008 -8,79,585
assets
Tangible assets at end of period 1,80,34,360 98,06,838 76,69,356 73,47,937 1,03,65,004 1,71,54,775
94

Classes of tangible assets [Axis] Furniture and fixtures [Member] Vehicles [Member]
[Member] [Member]
01/04/2016 01/04/2017 01/04/2016 01/04/2017 01/04/2016 01/04/2017
to to to to to to
31/03/2017 31/03/2018 31/03/2017 31/03/2018 31/03/2017 31/03/2018
[LineItems]
[Abstract]
assets
tangible assets
Depreciation tangible assets 28,30,422 28,76,069 -66,861 -88,260
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
5,83,388 6,92,940 5,41,210 1 0 4,24,218
others
5,83,388 6,92,940 5,41,210 1 0 4,24,218
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-88,149 21,37,482 23,34,859 4,13,745 1,86,740 56,389
assets
Tangible assets at end of period 1,80,34,360 98,06,838 76,69,356 6,00,485 1,86,740 12,32,737
95

Classes of tangible assets [Axis] Vehicles [Member]
Accumulated
Gross carrying Carrying Gross carrying depreciation
amount amount amount and
[Member] [Member] [Member] impairment
[Member]
01/04/2016 01/04/2017 01/04/2016 01/04/2016 01/04/2016 01/04/2016
to to to to to to
31/03/2017 31/03/2018 31/03/2017 31/03/2017 31/03/2017 31/03/2017
[LineItems]
[Abstract]
business combinations tangible 2,75,000 2,75,000 2,75,000
assets
business combinations 0 0 0
tangible assets
Depreciation tangible assets 66,861 88,260 -88,260 88,260
Impairment loss
tangible assets
0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
17,11,850 4,24,217 17,11,850 0 17,11,850 17,11,850
others
17,11,850 4,24,217 17,11,850 0 17,11,850 17,11,850
assets
assets [Abstract]
net exchange differences 0 0 0
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-14,36,850 -3,57,356 -16,23,590 1,86,740 -14,36,850 -16,23,590
assets
Tangible assets at end of period 11,76,348 6,32,252 9,89,608 1,86,740 11,76,348 9,89,608
96

Classes of tangible assets [Axis] Motor vehicles [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017 31/03/2018 31/03/2017
[LineItems]
[Abstract]
assets
tangible assets
Depreciation tangible assets -66,861 -88,260 66,861 88,260
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
1 0 4,24,218 17,11,850 4,24,217 17,11,850
others
1 0 4,24,218 17,11,850 4,24,217 17,11,850
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
4,13,745 1,86,740 56,389 -14,36,850 -3,57,356 -16,23,590
assets
97

Classes of tangible assets [Axis] Motor vehicles [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017 31/03/2018 31/03/2017
[LineItems]
[Abstract]
assets
tangible assets
Depreciation tangible assets -66,861 -88,260 66,861 88,260
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
1 0 4,24,218 17,11,850 4,24,217 17,11,850
others
1 0 4,24,218 17,11,850 4,24,217 17,11,850
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
4,13,745 1,86,740 56,389 -14,36,850 -3,57,356 -16,23,590
assets
98

Classes of tangible assets [Axis] Office equipment [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017 31/03/2018 31/03/2017
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
6,96,479 4,79,780 28,44,801 13,19,505 21,48,322 8,39,725
others
6,96,479 4,79,780 28,44,801 13,19,505 21,48,322 8,39,725
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-7,22,210 16,15,277 8,31,653 27,71,515 15,53,863 11,56,238
assets
Tangible assets at end of period 56,79,596 64,01,806 1,26,06,982 1,17,75,329 69,27,386 53,73,523
99

Classes of tangible assets [Axis] Office equipment [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017 31/03/2018 31/03/2017
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
6,96,479 4,79,780 28,44,801 13,19,505 21,48,322 8,39,725
others
6,96,479 4,79,780 28,44,801 13,19,505 21,48,322 8,39,725
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-7,22,210 16,15,277 8,31,653 27,71,515 15,53,863 11,56,238
assets
Tangible assets at end of period 56,79,596 64,01,806 1,26,06,982 1,17,75,329 69,27,386 53,73,523
100

Classes of tangible assets [Axis] Leasehold improvements [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017 31/03/2018 31/03/2017
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
69,241 0 11,85,685 3,38,066 11,16,444 3,38,066
others
69,241 0 11,85,685 3,38,066 11,16,444 3,38,066
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
12,29,882 4,21,155 11,09,575 6,23,012 -1,20,307 2,01,857
assets
101

Classes of tangible assets [Axis] Leasehold improvements [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017 31/03/2018 31/03/2017
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
69,241 0 11,85,685 3,38,066 11,16,444 3,38,066
others
69,241 0 11,85,685 3,38,066 11,16,444 3,38,066
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
12,29,882 4,21,155 11,09,575 6,23,012 -1,20,307 2,01,857
assets
102

Classes of tangible assets [Axis] Other tangible assets [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017 31/03/2018 31/03/2017
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
59,052 69,875 30,81,289 23,49,113 30,22,237 22,79,238
others
59,052 69,875 30,81,289 23,49,113 30,22,237 22,79,238
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-10,46,403 -14,15,518 -19,27,704 -4,89,963 -8,81,301 9,25,555
assets
Tangible assets at end of period 22,79,427 33,25,830 1,71,55,781 1,90,83,485 1,48,76,354 1,57,57,655
103

Classes of tangible assets [Axis] Other tangible assets [Member] Other tangible assets, others [Member]
Accumulated
Carrying amount accumulated depreciation and gross depreciation
carrying amount [Axis] and impairment
[Member]
01/04/2016 01/04/2016 01/04/2016 01/04/2017 01/04/2016 01/04/2017
to to to to to to
31/03/2017 31/03/2017 31/03/2017 31/03/2018 31/03/2017 31/03/2018
[LineItems]
Nature of other tangible assets Computers Computers Computers
[Abstract]
business combinations tangible 18,59,150 18,59,150 11,53,585 18,59,150 11,53,585
assets
tangible assets
Depreciation tangible assets -32,04,793 32,04,793 -21,40,936 -32,04,793
Impairment loss
tangible assets
0 0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
69,875 23,49,113 22,79,238 59,052 69,875 30,81,289
others
69,875 23,49,113 22,79,238 59,052 69,875 30,81,289
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-14,15,518 -4,89,963 9,25,555 -10,46,403 -14,15,518 -19,27,704
assets
Tangible assets at end of period 33,25,830 1,90,83,485 1,57,57,655 22,79,427 33,25,830 1,71,55,781
104

Classes of tangible assets [Axis] Other tangible assets, others [Member]
[Member] [Member]
01/04/2016 01/04/2017 01/04/2016 01/04/2017 01/04/2016 01/04/2017
to to to to to to
31/03/2017 31/03/2018 31/03/2017 31/03/2018 31/03/2017 31/03/2018
[LineItems]
Nature of other tangible assets Computers Computers Computers Computers Computers Computers
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
through demergers
23,49,113 30,22,237 22,79,238 59,052 69,875 30,81,289
others
23,49,113 30,22,237 22,79,238 59,052 69,875 30,81,289
assets
assets [Abstract]
tangible assets
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
tangible assets
-4,89,963 -8,81,301 9,25,555 -10,46,403 -14,15,518 -19,27,704
assets
Tangible assets at end of period 1,90,83,485 1,48,76,354 1,57,57,655 22,79,427 33,25,830 1,71,55,781
105

Gross carrying Accumulated depreciation and
Carrying amount accumulated depreciation and gross carrying amount [Axis]
amount [Member] impairment [Member]
01/04/2016 01/04/2017 01/04/2016
to to to
31/03/2017 31/03/2018 31/03/2017
Disclosure of tangible assets [LineItems]
Nature of other tangible assets Computers Computers Computers
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Additions other than through business combinations tangible
18,59,150
assets
Acquisitions through business combinations tangible assets 0
Depreciation tangible assets 21,40,936 32,04,793
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss
0 0
tangible assets
Revaluation increase (decrease) tangible assets 0
Disposals tangible assets [Abstract]
Disposals tangible assets through demergers 0 0 0
Disposals tangible assets, others 23,49,113 30,22,237 22,79,238
Total disposals tangible assets 23,49,113 30,22,237 22,79,238
Other adjustments tangible assets [Abstract]
Increase (decrease) through net exchange differences
0
tangible assets
Other adjustments tangible assets, others 0 0 0
Total other adjustments tangible assets 0 0 0
Total changes in tangible assets -4,89,963 -8,81,301 9,25,555
Tangible assets at end of period 1,90,83,485 1,48,76,354 1,57,57,655
Disclosure of additional information tangible assets [Table] ..(1)

Plant and
Company total tangible assets Buildings
Classes of tangible assets [Axis] Factory building [Member] equipment
[Member] [Member]
[Member]
Owned and Owned and Owned and
Owned and leased assets Owned assets
Sub classes of tangible assets [Axis] leased assets leased assets leased assets
[Member] [Member]
01/04/2017 01/04/2016 01/04/2016 01/04/2016 01/04/2016 01/04/2017
to to to to to to
31/03/2018 31/03/2017 31/03/2017 31/03/2017 31/03/2017 31/03/2018
Disclosure of additional information
tangible assets [LineItems]
straight-line straight-line straight-line straight-line straight-line straight-line
Depreciation method tangible assets method method method method method method
based on based on based on
economic useful economic useful economic useful
lives of assets as lives of assets as lives of assets as
Useful lives or depreciation rates estimated by estimated by estimated by
5-6 Years 5-6 Years 5 Years
tangible assets Management and Management and Management and
in accordance in accordance in accordance
with Schedule II with Schedule II with Schedule II
to the Act to the Act to the Act
Explanation on revaluation of fixed
assets [Abstract]
Explanation of basis for
accordance with
revaluation on systematic Schedule
basis
106

Classes of tangible assets [Axis] Plant and equipment [Member] Other plant and equipment [Member]
Owned and
Owned assets Owned and leased assets
Sub classes of tangible assets [Axis] leased assets Owned assets [Member]
[Member] [Member]
[Member]
01/04/2016 01/04/2016 01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to to to
31/03/2017 31/03/2017 31/03/2018 31/03/2017 31/03/2018 31/03/2017
Useful lives or depreciation rates
5 Years 5 Years 5 Years 5 Years 5 Years 5 Years
tangible assets

Classes of tangible assets [Axis] Furniture and fixtures [Member] Vehicles [Member]
Owned and leased assets Owned and leased assets
[Member] [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017 31/03/2018 31/03/2017
tangible assets

Office
Vehicles
Classes of tangible assets [Axis] Motor vehicles [Member] equipment
[Member]
[Member]
Owned and
Owned assets Owned and leased assets
Sub classes of tangible assets [Axis] Owned assets [Member] leased assets
[Member] [Member]
[Member]
01/04/2016 01/04/2017 01/04/2016 01/04/2017 01/04/2016 01/04/2017
to to to to to to
31/03/2017 31/03/2018 31/03/2017 31/03/2018 31/03/2017 31/03/2018
5 Years 5 Years 5 Years 5 Years 5 Years 3-5 years
tangible assets
107

Classes of tangible assets [Axis] Office equipment [Member] Leasehold improvements [Member]
Owned and
Owned and leased assets Owned assets
Sub classes of tangible assets [Axis] leased assets Owned assets [Member]
[Member] [Member]
[Member]
01/04/2016 01/04/2017 01/04/2016 01/04/2017 01/04/2016 01/04/2017
to to to to to to
31/03/2017 31/03/2018 31/03/2017 31/03/2018 31/03/2017 31/03/2018
3-5 years 3-5 years 3-5 years 5 Years 5 Years 5 Years
tangible assets

Leasehold
Other tangible assets, others
Classes of tangible assets [Axis] improvements Other tangible assets [Member]
[Member]
[Member]
Owned assets Owned and leased assets Owned assets Owned and leased assets
Sub classes of tangible assets [Axis]
[Member] [Member] [Member] [Member]
01/04/2016 01/04/2017 01/04/2016 01/04/2016 01/04/2017 01/04/2016
to to to to to to
31/03/2017 31/03/2018 31/03/2017 31/03/2017 31/03/2018 31/03/2017
tangible assets

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of additional information tangible assets [Abstract]
Disclosure of additional information tangible assets [LineItems]
Depreciation method tangible assets straight-line method straight-line method
Useful lives or depreciation rates tangible assets 3 Years 3 Years
108
[201100] Notes - Intangible assets
Disclosure of intangible assets [Table] ..(1)

Classes of intangible assets [Axis] Company total intangible assets [Member]
Sub classes of intangible assets [Axis] Internally generated and other than internally generated intangible assets [Member]
Carrying amount accumulated amortization and Gross carrying amount Accumulated amortization and
impairment and gross carrying amount [Axis] [Member] impairment [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017 31/03/2018 31/03/2017
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets
[LineItems]
intangible assets [Abstract]
Changes in intangible assets
[Abstract]
Additions to intangible assets
[Abstract]
Additions through internal
0 0 0 0
development
business combinations 3,03,24,306 0 3,03,24,306 0
intangible assets
intangible assets
Total additions to
3,03,24,306 0 3,03,24,306 0
intangible assets
Amortization intangible assets -36,95,758 -29,68,945 36,95,758 29,68,945
Impairment loss
loss intangible assets
intangible assets
0 0 0 0
(decrease) intangible assets
Disposals intangible assets
[Abstract]
Disposals intangible
-1 0 2,45,601 0 2,45,602 0
assets through demergers
0 0 0 0 0 0
assets, others
Total disposals intangible
-1 0 2,45,601 0 2,45,602 0
assets
Retirements of intangible
0 0 0 0 0 0
assets
Other adjustments intangible
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0 0 0
intangible assets, others
0 0 0 0 0 0
intangible assets
Total changes in intangible
2,66,28,549 -29,68,945 3,00,78,705 0 34,50,156 29,68,945
assets
Intangible assets at end of period 3,22,90,702 56,62,153 5,72,64,222 2,71,85,517 2,49,73,520 2,15,23,364
109

Classes of intangible assets [Axis] Computer software [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017 31/03/2018 31/03/2017
[LineItems]
[Abstract]
[Abstract]
0 0 0 0
development
intangible assets
intangible assets
Total additions to
3,03,24,306 0 3,03,24,306 0
intangible assets
Impairment loss
intangible assets
0 0 0 0
[Abstract]
-1 0 2,45,601 0 2,45,602 0
0 0 0 0 0 0
assets, others
-1 0 2,45,601 0 2,45,602 0
assets
0 0 0 0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0 0 0
0 0 0 0 0 0
intangible assets
2,66,28,549 -29,68,945 3,00,78,705 0 34,50,156 29,68,945
assets
110

Classes of intangible assets [Axis] Computer software [Member]
Sub classes of intangible assets [Axis] Intangible assets other than internally generated [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017 31/03/2018 31/03/2017
[LineItems]
[Abstract]
[Abstract]
0 0 0 0
development
intangible assets
intangible assets
Total additions to
3,03,24,306 0 3,03,24,306 0
intangible assets
Impairment loss
intangible assets
0 0 0 0
[Abstract]
-1 0 2,45,601 0 2,45,602 0
0 0 0 0 0 0
assets, others
-1 0 2,45,601 0 2,45,602 0
assets
0 0 0 0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0 0 0
0 0 0 0 0 0
intangible assets
2,66,28,549 -29,68,945 3,00,78,705 0 34,50,156 29,68,945
assets
111

Classes of intangible assets [Axis] Other intangible assets [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017 31/03/2018 31/03/2017
[LineItems]
[Abstract]
[Abstract]
0 0 0 0
development
intangible assets
intangible assets
Total additions to
0 0 0 0
intangible assets
Amortization intangible assets 0 0 0 0
Impairment loss
intangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
assets
0 0 0 0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0 0 0
0 0 0 0 0 0
intangible assets
0 0 0 0 0 0
assets
Intangible assets at end of period 0 0 55,98,783 55,98,783 55,98,783 55,98,783
112

Classes of intangible assets [Axis] Other intangible assets [Member] Other intangible assets, others [Member]
Internally generated and other than internally
Sub classes of intangible assets [Axis] Internally generated intangible assets [Member]
generated intangible assets [Member]
Accumulated
Carrying amount accumulated amortization and amortization
impairment and gross carrying amount [Axis] and impairment
[Member]
01/04/2016 01/04/2016 01/04/2016 01/04/2017 01/04/2016 01/04/2017
to to to to to to
31/03/2017 31/03/2017 31/03/2017 31/03/2018 31/03/2017 31/03/2018
[LineItems]
Goodwill and Goodwill and Goodwill and
Nature of other intangible assets Customer Customer Customer
contracts contracts contracts
[Abstract]
[Abstract]
0 0 0 0 0
development
intangible assets
intangible assets
Total additions to
0 0 0 0 0
intangible assets
Impairment loss
intangible assets
0 0 0 0 0
[Abstract]
0 0 0 0 0 0
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
assets
0 0 0 0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0 0 0
0 0 0 0 0 0
intangible assets
0 0 0 0 0 0
assets
Intangible assets at end of period 0 55,98,783 55,98,783 0 0 55,98,783
113

Classes of intangible assets [Axis] Other intangible assets, others [Member]
Internally generated and other than internally
generated intangible assets [Member]
Carrying amount accumulated amortization and Accumulated amortization and
impairment and gross carrying amount [Axis] impairment [Member]
[Member] [Member]
01/04/2016 01/04/2017 01/04/2016 01/04/2017 01/04/2016 01/04/2017
to to to to to to
31/03/2017 31/03/2018 31/03/2017 31/03/2018 31/03/2017 31/03/2018
[LineItems]
Goodwill and Goodwill and Goodwill and Goodwill and Goodwill and Goodwill and
Nature of other intangible assets Customer Customer Customer Customer Customer Customer
contracts contracts contracts contracts contracts contracts
[Abstract]
[Abstract]
0 0 0 0
development
intangible assets
intangible assets
Total additions to
0 0 0 0
intangible assets
Impairment loss
intangible assets
0 0 0 0
[Abstract]
0 0 0 0 0 0
0 0 0 0 0 0
assets, others
0 0 0 0 0 0
assets
0 0 0 0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0 0 0
0 0 0 0 0 0
intangible assets
0 0 0 0 0 0
assets
Intangible assets at end of period 55,98,783 55,98,783 55,98,783 0 0 55,98,783
114

Carrying amount accumulated amortization and impairment and gross carrying amount Gross carrying Accumulated amortization and
[Axis] amount [Member] impairment [Member]
01/04/2016 01/04/2017 01/04/2016
to to to
31/03/2017 31/03/2018 31/03/2017
Disclosure of intangible assets [LineItems]
Goodwill and Goodwill and Goodwill and
Nature of other intangible assets Customer contracts Customer contracts Customer contracts
Reconciliation of changes in intangible assets [Abstract]
Changes in intangible assets [Abstract]
Additions to intangible assets [Abstract]
Additions through internal development 0
Additions other than through business combinations
0
intangible assets
Acquisitions through business combinations intangible
0
assets
Total additions to intangible assets 0
Amortization intangible assets 0 0
Impairment loss recognised in profit or loss intangible assets 0 0
Reversal of impairment loss recognised in profit or loss
0 0
intangible assets
Revaluation increase (decrease) intangible assets 0
Disposals intangible assets [Abstract]
Disposals intangible assets through demergers 0 0 0
Disposals intangible assets, others 0 0 0
Total disposals intangible assets 0 0 0
Retirements of intangible assets 0 0 0
Other adjustments intangible assets [Abstract]
Increase (decrease) through net exchange differences
0
intangible assets
Other adjustments intangible assets, others 0 0 0
Total other adjustments intangible assets 0 0 0
Total changes in intangible assets 0 0 0
Intangible assets at end of period 55,98,783 55,98,783 55,98,783
Disclosure of additional information intangible assets [Table] ..(1)

Brands and Computer
Company total intangible assets
Classes of intangible assets [Axis] trade marks Trade marks [Member] software
[Member]
[Member] [Member]
Internally
Internally Internally
generated and
generated and generated and
Internally other than
Internally generated and other other than other than
generated internally
Sub classes of intangible assets [Axis] than internally generated internally internally
intangible assets generated
intangible assets [Member] generated generated
[Member] intangible
intangible assets intangible assets
assets
[Member] [Member]
[Member]
01/04/2017 01/04/2016 01/04/2016 01/04/2016 01/04/2016 01/04/2017
to to to to to to
31/03/2018 31/03/2017 31/03/2017 31/03/2017 31/03/2017 31/03/2018
intangible assets [LineItems]
Useful lives or amortization rates As per notes to As per notes to As per notes to
10 Years 5 Years 5 Years
intangible assets accounts accounts accounts
Description of amortization method As per notes to straight line As per notes to As per notes to
straight line basis straight line basis
used accounts basis accounts accounts
115

Classes of intangible assets [Axis] Computer software [Member] Other intangible assets [Member]
Internally
generated and Intangible assets Internally
Internally
other than other than Internally generated and other generated
generated
Sub classes of intangible assets [Axis] internally internally than internally generated intangible
intangible assets
generated generated intangible assets [Member] assets
[Member]
intangible assets [Member] [Member]
[Member]
01/04/2016 01/04/2016 01/04/2017 01/04/2017 01/04/2016 01/04/2016
to to to to to to
31/03/2017 31/03/2017 31/03/2018 31/03/2018 31/03/2017 31/03/2017
intangible assets [LineItems]
Useful lives or amortization rates As per notes to As per notes to As per notes to As per notes to
5 Years 5 Years
intangible assets accounts accounts accounts accounts
Description of amortization method As per notes to As per notes to As per notes to As per notes to
straight line basis straight line basis
used accounts accounts accounts accounts

Internally generated and other than
Internally generated intangible assets
Sub classes of intangible assets [Axis] internally generated intangible assets
[Member]
[Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017
Disclosure of additional information intangible assets
[Abstract]
Disclosure of additional information intangible
assets [LineItems]
Useful lives or amortization rates intangible As per notes to As per notes to As per notes to As per notes to
assets accounts accounts accounts accounts
As per notes to As per notes to As per notes to As per notes to
Description of amortization method used accounts accounts accounts accounts
[200500] Notes - Current investments

31/03/2018 31/03/2017
Disclosure of notes on current investments explanatory [TextBlock]
Aggregate amount of quoted current investments 0 0
Market value of quoted current investments 0 0
Aggregate amount of unquoted current investments 0 0
Aggregate provision for diminution in value of current investments 0 0
116
[200600] Notes - Subclassification and notes on liabilities and assets
Disclosure of breakup of provisions [Table] ..(1)

Classification based on time period [Axis] Long-term [Member] Short-term [Member]
31/03/2018 31/03/2017 31/03/2018 31/03/2017
Subclassification and notes on liabilities and assets
[Abstract]
Provisions notes [Abstract]
Disclosure of breakup of provisions [Abstract]
Disclosure of breakup of provisions [LineItems]
Provisions [Abstract]
Provisions for employee benefits
[Abstract]
Provision gratuity 76,26,000 1,09,12,000 0 26,61,000
Provision leave encashment 0 0 0 0
Provision pension 0 0 0 0
Provision employee insurance scheme 0 0 0 0
Provision other employee related
60,55,000 99,49,000 25,15,000 58,73,000
liabilities
Total provisions for employee benefits 1,36,81,000 2,08,61,000 25,15,000 85,34,000
Provision for corporate tax [Abstract]
Provision for current tax 0 0 0 0
Provision for wealth tax 0 0 0 0
Provision for fringe benefit tax 0 0 0 0
Provision for other tax 0 0 0 0
Provision for corporate dividend tax 0 0 0 0
Total provision for corporate tax 0 0 0 0
Provision for proposed dividend [Abstract]
Provision for proposed equity dividend
[Abstract]
Provision for proposed equity
0 0 0 0
interim dividend
Provision for proposed equity final
0 0 0 0
dividend
Provision for proposed equity
0 0 0 0
special dividend
Total provision for proposed equity
0 0 0 0
dividend
Provision for proposed preference
dividend [Abstract]
0 0 0 0
interim dividend
0 0 0 0
final dividend
0 0 0 0
special dividend
Total provision for proposed
0 0 0 0
preference dividend
Total provision for proposed dividend 0 0 0 0
Provision for statutory liabilities 0 0 0 0
CSR expenditure provision 0 0 0 0
Provision for abandonment cost 0 0 0 0
Other provisions 0 0 0 0
Total provisions 1,36,81,000 2,08,61,000 25,15,000 85,34,000
117
Loans and advances [Table] ..(1)

Other loans and Advance tax
Classification of loans and advances [Axis] Capital advances [Member]
advances [Member] [Member]
Unsecured Unsecured
Classification of assets based on security [Axis] Unsecured considered good [Member] considered good considered good
[Member] [Member]
31/03/2018 31/03/2017 31/03/2017 31/03/2018
[Abstract]
Loans and advances notes [Abstract]
Loans and advances [Abstract]
Disclosure of loans and advances [LineItems]
Loans and advances, gross 3,37,533 2,23,672 6,35,51,652 3,21,54,008
Allowance for bad and doubtful loans and
0 0 0 0
advances
Loans and advances 3,37,533 2,23,672 6,35,51,652 3,21,54,008
Details of loans and advances due by
directors, other officers or others
[Abstract]
Loans and advances due by directors 0 0 0 0
Loans and advances due by other officers 0 0 0 0
Loans and advances due by others 0 0 0 0
Total loans and advances due by
0 0 0 0
Details of loans and advances due by firms
or companies in which any director is
partner or director [Abstract]
Loans and advances due by firms in
0 0 0 0
which any director is partner
Loans and advances due by private
companies in which any director is 0 0 0 0
director
member
Total loans and advances due
by firms or companies in which
0 0 0 0
any director is partner or
director
118

Other loans and
Advance tax
Classification of loans and advances [Axis] Tax deducted at source [Member] advances, others
[Member]
[Member]
Unsecured Unsecured
Classification of assets based on security [Axis] considered good Unsecured considered good [Member] considered good
[Member] [Member]
01/04/2017
31/03/2017 31/03/2018 31/03/2017 to
31/03/2018
[Abstract]
Loans and advances, gross 5,47,35,919 3,21,54,008 5,47,35,919 4,83,06,470
0 0 0 0
advances
Loans and advances 5,47,35,919 3,21,54,008 5,47,35,919 4,83,06,470
Nature of other loans and advances Deposits
[Abstract]
0 0 0 0
0 0 0 0
director
member
0 0 0 0
director
119

Long-term
[Member]
Other loans and Loans advances
Classification of loans and advances [Axis] advances, others Security deposits [Member] given suppliers
[Member] [Member]
Unsecured Unsecured
[Member] [Member]
01/04/2016
to 31/03/2018 31/03/2017 31/03/2018
31/03/2017
[Abstract]
Loans and advances, gross 88,15,733 10,93,800 27,39,800 17,50,946
0 0 0 0
advances
Loans and advances 88,15,733 10,93,800 27,39,800 17,50,946
Nature of other loans and advances Deposits
[Abstract]
0 0 0 0
0 0 0 0
director
member
0 0 0 0
director
120

Loans advances
Loans advances given employees Other loans and
Classification of loans and advances [Axis] given suppliers
[Member] advances [Member]
[Member]
Unsecured Unsecured
[Member] [Member]
31/03/2017 31/03/2018 31/03/2017 31/03/2017
[Abstract]
Loans and advances, gross 8,87,136 4,62,229 41,87,226 4,37,73,129
0 0 0 0
advances
Loans and advances 8,87,136 4,62,229 41,87,226 4,37,73,129
[Abstract]
0 0 0 0
0 0 0 0
director
member
0 0 0 0
director
121

Other loans and advances, others
Classification of loans and advances [Axis] Prepaid expenses [Member]
[Member]
Classification of assets based on security [Axis] Unsecured considered good [Member] Unsecured considered good [Member]
01/04/2017 01/04/2016
31/03/2018 31/03/2017 to to
31/03/2018 31/03/2017
[Abstract]
Loans and advances, gross 1,02,90,583 88,00,856 3,04,03,193 3,49,72,273
0 0 0 0
advances
Loans and advances 1,02,90,583 88,00,856 3,04,03,193 3,49,72,273
Balance with Indirect Balance with
authorities, Loan to Indirect authorities
Nature of other loans and advances franchisees and Other a n d Other
receivable receivable
[Abstract]
0 0 0 0
0 0 0 0
director
member
0 0 0 0
director
122
Subclassification of trade receivables [Table] ..(1)

Classification of assets based on security
Classification of assets based on security [Axis] Unsecured considered good [Member]
[Member]
31/03/2018 31/03/2017 31/03/2018 31/03/2017
[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 9,58,23,277 14,65,60,410 9,58,23,277 14,65,60,410
Allowance for bad and doubtful debts 0 0 0 0
Total trade receivables 9,58,23,277 14,65,60,410 9,58,23,277 14,65,60,410
Details of trade receivables due by
[Abstract]
Trade receivables due by directors 0 0
Trade receivables due by other officers 0 0
Trade receivables due by others 0 0
Total trade receivables due by
directors, other officers or 0 0
others
Details of trade receivables due by
firms or companies in which any director
is partner or director [Abstract]
Trade receivables due by firms in
0 0
Trade receivables due by private
companies in which any director 0 0
is director
Trade receivables due by private
companies in which any director 0 0
is member
Total trade receivables due by firms
or companies in which any director is 0 0
partner or director
Classification of inventories [Table] ..(1)

Classification of inventories [Axis] Company total inventories [Member] Raw materials [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017
[Abstract]
Inventories notes [Abstract]
Inventories [Abstract]
Classification of inventories [Abstract]
Details of inventories [LineItems]
Inventories 1,49,46,993 2,51,51,292 1,17,82,671 1,95,52,114
Goods in transit 0 0 0 0
valued at lower of valued at lower of valued at lower of valued at lower of
Mode of valuation cost and net cost and net realizable cost and net cost and net realizable
realizable value value realizable value value
123

Classification of inventories [Axis] Finished goods [Member] Stock-in-trade [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017
[Abstract]
Inventories 0 85,359 31,64,322 55,13,819
Goods in transit 0 0 0 0
valued at lower of valued at lower of valued at lower of valued at lower of
Mode of valuation cost and net cost and net realizable cost and net cost and net realizable
realizable value value realizable value value

Other inventories
Classification of inventories [Axis]
[Member]
01/04/2016
to
31/03/2017
Subclassification and notes on liabilities and assets [Abstract]
Inventories 0
Goods in transit 0
valued at lower of
Mode of valuation cost and net
realizable value
Nature of other inventories Stock in trade
124

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of subclassification and notes on liabilities and assets
explanatory [TextBlock]
Trade payables, long-term 0 0
Others long-term, others 1,19,95,000 1,45,54,525
Total others, long-term 1,19,95,000 1,45,54,525
Total other long-term liabilities 1,19,95,000 1,45,54,525
Current maturities of long-term debt 2,85,71,430 2,85,71,428
Interest accrued but not due on borrowings 2,98,650 28,17,691
Interest accrued and due on borrowings 0 0
Interest accrued but not due on public deposits 0 0
Interest accrued and due on public deposits 0 0
Debentures claimed but not paid 0 0
Income received in advance 0 3,63,757
Unpaid dividends 0 0
Application money received for allotment of securities and
0 0
due for refund, principal
Unpaid matured deposits and interest accrued thereon 0 0
Unpaid matured debentures and interest accrued thereon 0 0
Accrued expenses payable 7,52,49,842 6,52,40,032
Public deposit payable, current 0 0
Total other payables, current 7,52,49,842 6,52,40,032
Advance received from customers 13,34,13,220 15,58,19,515
Current liabilities portion of share application money pending
0 0
allotment
Other current liabilities, others (A) 9,72,87,660 (B) 8,45,35,770
Total other current liabilities 33,48,20,802 33,73,48,193
Other non-current assets, others 2,96,140 6,22,513
Total other non-current assets 2,96,140 6,22,513
Nature of other non-current assets, others Bank Deposit Bank Deposit
Aggregate amount of trade receivables outstanding for period
0 0
exceeding six months
Fixed deposits with banks 0 0
Other balances with banks 1,08,49,449 8,09,00,946
Total balance with banks 1,08,49,449 8,09,00,946
Cash on hand 18,407 29,540
Total cash and cash equivalents 1,08,67,856 8,09,30,486
Other bank balances 14,31,853 33,84,721
Total cash and bank balances 1,22,99,709 8,43,15,207
Balances held with banks to extent held as margin money 0 0
Balances held with banks to extent held as security against
0 0
borrowings
Balances held with banks to extent held as guarantees 0 0
Balances held with banks to extent held against other
0 0
commitments
Total balances held with banks to extent held as
margin money or security against borrowings, 0 0
guarantees or other commitments
Bank deposits with more than twelve months maturity 0 0
Other current assets, others 4,35,774 8,12,396
Total other current assets 4,35,774 8,12,396
Footnotes
(A) Statutory liabilities - Rs. 6010582 Employees payable - Rs. 24082627 Creditors for fixed assets - Rs. 6788826 Creditors for expenses
- Rs. 55959006 Franchisee Deposits - Rs. 4446620
(B) Statutory liabilities - Rs. 9637442 Employees payable - Rs. 43626741 Creditors for fixed assets - Rs. 1815012 Creditors for expenses
- Rs. 29456575
125
[200700] Notes - Additional disclosures on balance sheet

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of additional balance sheet notes explanatory [TextBlock]
Estimated amount of contracts remaining to be executed on
0 0
capital account and not provided for
Uncalled liability on shares and other investments partly paid 0 0
Other commitments 0 0
Total commitments 0 0
Total contingent liabilities and commitments 0 0
Amount of dividends proposed to be distributed to equity shareholders 0 0
Amount of per share dividend proposed to be distributed to equity
[INR/shares] 0 [INR/shares] 0
shareholders
Amount of per share dividend proposed to be distributed to
[INR/shares] 0 [INR/shares] 0
preference shareholders
Percentage of proposed dividend 0.00% 0.00%
Deposits accepted or renewed during period 0 0
Deposits matured and claimed but not paid during period 0 0
Deposits matured and claimed but not paid 0 0
Deposits matured but not claimed 0 0
Interest on deposits accrued and due but not paid 0 0
Additions to equity share warrants during period 0 0
Deductions in equity share warrants during period 0 0
Total changes in equity share warrants during period 0 0
Equity share warrants at end of period 0 0
Equity share warrants for existing members 0 0
Equity share warrants for others 0 0
Total equity share warrants 0 0
Share application money received during year 0 0
Share application money paid during year 0 0
Amount of share application money received back during year 0 0
Amount of share application money repaid returned back during year 0 0
Number of person share application money paid during year 0 0
Number of person share application money received during year 0 0
Number of person share application money paid as at end of year 0 0
Number of person share application money received as at end of year 0 0
Whether maintenance of cost records by company has been
mandated under Companies (Cost Records and Audit) Rules, No No
2014
Unclaimed share application refund money 0 0
Unclaimed matured debentures 0 0
Unclaimed matured deposits 0 0
Interest unclaimed amount 0 0
Number of warrants converted into equity shares during period 0 0
Number of warrants converted into preference shares during period 0 0
Number of warrants converted into debentures during period 0 0
Number of warrants issued during period (in foreign currency) 0 0
Number of warrants issued during period (INR) 0 0
126
[200800] Notes - Disclosure of accounting policies, changes in accounting policies and estimates
01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of accounting policies, change in accounting policies and Textual information (45) Textual information (46)
changes in estimates explanatory [TextBlock] [See below] [See below]
Disclosure of general information about company [TextBlock] [See below] [See below]
Disclosure of accounting policies explanatory [TextBlock] [See below] [See below]
127
Disclosure of accounting policies, change in accounting policies and changes in estimates explanatory [Text Block]
1 Background
Hicare Services Private Limited ('the Company') is engaged in rendering pest management services in India.
2. Significant accounting policies
(a) Basis of preparation of financial statements
The financial statements have been prepared and presented under the historical cost convention, on the accrual basis of accounting in accordance
with the accounting principles generally accepted in India, including the Accounting Standards specified under Section 133 of the Companies Act,
2013 ('the Act'), read with Rule 7 of the Companies (Accounts) Rules, 2014 and read with Companies (Accounting Standards) Amendment Rules,
2016 and the provisions of the Act, to the extent notified and applicable.
(b) Going concern
As at 31 March 2017, the Company's paid up capital is Rs. 115,384,350 and correspondingly, the Company's accumulated losses aggregated Rs
195,013,320. However, the financial statements have been prepared on a going-concern basis based on a letter of support from its holding
company stating that it will continue to provide such financial support to the Company as is necessary to maintain the Company as a going
concern for the foreseeable future and to meet its debts and liabilities, both present as well as in the future, as and when they fall due for payment
in the normal course of business.
Accordingly, these financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or to
amounts and classification of liabilities that may be necessary if the entity is unable to continue as a going concern.
(c) Use of estimates
The preparation of financial statements in conformity with generally accepted accounting principles (GAAP) requires management to make
estimates and assumptions that affect the reported amounts of assets and liabilities, revenue and expenses and the disclosure of contingent
liabilities on the date of the financial statements. The estimates and assumptions used in the accompanying financial statements are based upon
management's evaluation of the relevant facts and circumstances as of the date of the financial statements. Actual results could differ from those
estimates. Any revision to accounting estimates is recognised prospectively in current and future periods.
(d) Current - non -current classification
All assets and liabilities are classified into current and non-current.
Assets
An asset is classified as current when it satisfies any of the following criteria:
1. it is expected to be realised in, or is intended for sale or consumption in, the Company's normal operating cycle;
2. Significant accounting policies (Continued)
(d) Current - non -current classification (Continued)
Assets (Continued)
2. it is held primarily for the purpose of being traded;
3. it is expected to be realised within 12 months after the reporting date; or
4. it is cash or cash equivalent unless it is restricted from being exchanged or used to settle a liability for at least 12 months after the reporting
date.
128
Current assets include the current portion of non-current financial assets. All other assets are classified as non-current.
Liabilities
A liability is classified as current when it satisfies any of the following criteria:
1. it is expected to be settled in the company's normal operating cycle;
3. it is due to be settled within 12 months after the reporting date; or
4. the Company does not have an unconditional right to defer settlement of the liability for at least 12 months after the reporting date. Terms of a
liability that could, at the option of the counterparty, result in its settlement by the issue of equity instruments do not affect its classification.
Current liabilities include current portion of non-current financial liabilities.
All assets and liabilities have been classified as current or non-current as per the criteria set out in Schedule III of the Companies Act, 2013.
(e) Operating Cycle
Operating cycle is the time between the acquisition of assets for processing and their realisation in cash or cash equivalents Based on the nature of
services and the time between the acquisition of assets for providing of services and their realisation in cash and cash equivalents, the Company
has ascertained its operating cycle as 12 months for the purpose of current - non-current classification of assets and liabilities.
(f) Fixed assets and depreciation/amortization
Intangible assets
Intangible assets, all of which have been acquired and are controlled through custody or legal rights are capitalized at cost, where they can be
reliably measured. Where capitalized, intangible assets are regarded as having a limited useful economic life and the cost is amortised over the
lower of useful life of 10 years. Accordingly, these are being amortised on straight line basis.
(f) Fixed assets and depreciation/amortization (Continued)
Intangible assets (Continued)
The amortization rates are as follows:
? Computer software -5 years
? Customer contracts -5 years
? Goodwill -10 years
Subsequent expenditure is capitalised only when it increases the future economic benefits from the specific asset to which it relates.
129
Capital work-in-progress comprises of the cost of fixed assets that are not yet ready for their intended use at the balance sheet date.
Tangible assets (Property, plant and equipment)
Tangible fixed assets are stated at cost less accumulated depreciation/amortisation and impairment adjustment, if any. Cost includes inward
freight, duties, taxes and incidental expenses related to the acquisition and installation of fixed assets.
In respect of fixed assets purchased during the year, the depreciation is provided on pro rata basis from the date on which such asset is ready to
use. Depreciation on fixed assets is provided using the straight-line method, based on economic useful lives of assets as estimated by Management
and in accordance with Schedule II to the Act. The life used as set out in the following table are lower than those specified in Schedule II of the
Act based on technical estimates. Depreciation is charged on pro-rata basis for assets purchased/sold during the year.
Asset group Estimated Useful Life
Furniture and fixtures 6 years
Vehicles 5 years
Plant and equipment 5 years
Office equipment 5 years
Computers 3 years
Leasehold Improvements are amortised over the lower of useful life of the asset and lease term of leasehold premises.
(g) Impairment
In accordance with AS 28-Impairment of Assets, where there is an indication of impairment of the Company's asset, the carrying amounts of the
Company's assets are reviewed at each balance sheet date to determine whether there is any impairment. The recoverable amount of the assets (or
where applicable that of the cash generating unit to which the asset belongs) is estimated as the higher of its net selling price and its value in use.
An impairment loss is recognized whenever the carrying amount of an asset or a cash generating unit exceeds its recoverable amount. Impairment
loss is recognized in the Statement of Profit and Loss or against revaluation surplus, where applicable.
Value in use is the present value of estimated future cash flows expected to arise from the continuing use of assets and from the disposal at the
end of their useful life.
130
(h) Inventories
Inventories comprising of raw materials, finished goods, packing materials, and consumables are valued at lower of cost and net realizable value.
Cost of inventories comprises all costs of purchase, costs of conversion and other costs incurred in bringing the inventories to their present
location and condition.
In determining the cost, weighted average cost method is used. In the case of manufactured inventories, fixed production overheads are allocated
on the basis of normal capacity of production facilities.
Net realisable value is the estimated selling price in the ordinary course of business, less the estimated costs of completion and the estimated costs
necessary to make the sale.
(i) Revenue recognition
Revenue from pest management services is recognized as and when the services are rendered to the customers to the extent that it is probable that
the economic benefits will flow to the Company and the revenue can be reliably measured. The amount recognised as revenue is exclusive of
service tax.
Sales from traded or manufactured goods are recognized when the significant risks and rewards of ownership are transferred to the buyer based on
contractual arrangements. The amount recognised as revenue is exclusive of sales tax, value added taxes (VAT) and service tax, and is net of
returns, trade discounts and quantity discounts.
Dividend income is recognized when the right to receive dividend is unconditional at the balance sheet date.
Interest income is recognized on time proportionate basis.
(j) Investments
Long-term investments are carried at cost, and provision is made when in the management's opinion there is a decline, other than temporary, in
the carrying value of such investments.
Current investments are carried at the lower of cost and market value.
(k) Employee benefits
(a) Short-term employee benefits
All employee benefits payable wholly within twelve months of rendering the service are classified as short-term employee benefits. These
benefits include compensated absences such as paid annual leave and sickness leave. The undiscounted amount of short-term employee benefits
to be paid in exchange for employee services is recognised as an expense as the related service is rendered by employees.
(b) Post-employment benefits
Defined contribution plans:
The Company makes specified monthly contributions towards employee provident fund to Government administered provident fund scheme
which is a defined contribution plan. The Company's contribution is recognised as an expense in the statement of profit and loss during the period
in which the employee renders the related service.
Defined benefit plans:
131
The Company's gratuity benefit scheme is a defined benefit plan. The Company's net obligation in respect of the gratuity benefit scheme is
calculated by estimating the amount of future benefit that employees have earned in return for their service in the current and prior periods; that
benefit is discounted to determine its present value, and the fair value of any plan assets is deducted.
The present value of the obligation at balance sheet date under such defined benefit plan is determined based on actuarial valuation by an
independent actuary using the Projected Unit Credit Method, which recognizes each period of service as giving rise to additional unit of employee
benefit entitlement and measures each unit separately to build up the final obligation.
The obligation is measured at the present value of the estimated future cash flows. The discount rates used for determining the present value of
the obligation under defined benefit plan, are based on the market yields on government securities as at the balance sheet date.
(k) Employee benefits (Continued)
(b) Post-employment benefits (Continued)
Defined benefit plans: (Continued)
Actuarial gains and losses are recognized immediately in the statement of profit and loss.
Contributions in respect of gratuity are made to Life Insurance Corporation of India (LIC) who administers the gratuity scheme of the Company.
The gratuity obligation recognized in the balance sheet represents the present value of the defined benefit obligation as adjusted for unrecognized
past service cost as reduced by the fair value of gratuity fund.
( c) Other Long-term employment benefits Based on actuarial valuation carried out by an independent actuary at each balance sheet date using
projected unit credit method of compensated absences which are not expected to occur within twelve months after the end of the period in which
the employee renders the related services are recognized as a liability at the present value of the defined benefit obligation at the balance sheet
date. The discount rates used for determining the present value of the obligation under defined benefit plan, are based on the market yields on
government securities as at the balance sheet date.
(l) Foreign currency transactions
Foreign currency transactions are recorded at the exchange rate on the date of respective transactions. The difference between the actual rate of
settlement and the rate on the date of transaction is charged or credited to the statement of profit and loss.
Monetary assets and liabilities denominated in foreign currencies as at the balance sheet date are translated at the closing exchange rates on that
date; the resultant exchange differences are recognized in the statement of profit and loss.
(m) Taxation
Income-tax expense comprises current tax (i.e. amount of tax for the period determined in accordance with the income-tax law) and deferred tax
charge or credit (reflecting the tax effects of timing differences between accounting income and taxable income for the period). Income-tax
expense is recognised in statement of profit or loss except that tax expense related to items recognised directly in reserves is also recognized in
those reserves.
(m) Taxation (Continued)
Current tax is measured at the amount expected to be paid to (recovered from) the taxation authorities, using the applicable tax rates and tax laws.
Deferred tax is recognised in respect of timing differences between taxable income and accounting income i.e. differences that originate in one
period and are capable of reversal in one or more subsequent periods. The deferred tax charge or credit and the corresponding deferred tax
liabilities or assets are recognised using the tax rates and tax laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax assets are recognised only to the extent there is reasonable certainty that the assets can be realised in future; however, where there is
132
unabsorbed depreciation or carried forward loss under taxation laws, deferred tax assets are recognised only if there is a virtual certainty
supported by convincing evidence that sufficient future taxable income will be available against which such deferred tax assets can be realised.
Deferred tax assets are reviewed as at each balance sheet date and written down or written-up to reflect the amount that is reasonably/virtually
certain (as the case may be) to be realised.
(n) Leases
In case of assets taken on lease, where the lessor effectively retains substantially all the risks and benefits of ownership over the lease term are
classified as operating leases. Operating lease rentals are recognized as an expense on a straight line basis over the lease period.
(o) Earnings per share
The basic and diluted earnings per share is computed by dividing the net profit attributable to equity shareholders for the period, by the weighted
average number of equity shares outstanding during the period.
(p) Provisions and Contingent liabilities
Provision is recognised in the balance sheet when the Company has a present obligation as a result of a past event, and it is probable that an
outflow of economic benefits will be required to settle the obligation and reliable estimation can be made of the amount required to settle the
obligation. Contingent liabilities arising from claims, litigation, assessment, fines, penalties etc. are disclosed when there is a possible obligation
or a present obligation as a result of a past event where it is not probable that an outflow of economic benefits will be required to settle the
obligation, and the amount can be reasonably estimated. When there is a possible obligation or a present obligation in respect of which the
likelihood of outflow of resources is remote, no provision or disclosures is made.
(q) Employee stock options
The excess of the fair value of shares, at the date of grant of options under the Employees Stock Option Scheme of the Company, over the
exercise price is regarded as employee compensation, and recognised on a straight-line basis over the period over which the employees would
become unconditionally entitled to apply for the shares. The accounting treatment is as prescribed by the Guidance Note on Employee
Share-based Payments issued by the Institute of Chartered Accountants of India.
133
Disclosure of accounting policies, change in accounting policies and changes in estimates explanatory [Text Block]
1 Background
(b) Going concern
Assets
Assets (Continued)
date.
134
Liabilities
(e) Operating Cycle
Intangible assets
135
Vehicles 5 years
Computers 3 years
(g) Impairment
136
(h) Inventories
service tax.
(j) Investments
137
(m) Taxation
those reserves.
138
(n) Leases
Disclosure of general information about company [Text Block]
1 Background
139
Disclosure of general information about company [Text Block]

1 Background
140
Disclosure of accounting policies explanatory [Text Block]
1 Background
(b) Going concern
Assets
Assets (Continued)
141
date.
Liabilities
(e) Operating Cycle
Intangible assets
142
Vehicles 5 years
Computers 3 years
(g) Impairment
143
(h) Inventories
service tax.
(j) Investments
144
145
(m) Taxation
those reserves.
(n) Leases
146
147
Disclosure of accounting policies explanatory [Text Block]

1 Background
(b) Going concern
Assets
Assets (Continued)
date.
148
Liabilities
(e) Operating Cycle
Intangible assets
149
Vehicles 5 years
Computers 3 years
(g) Impairment
150
(h) Inventories
service tax.
(j) Investments
151
(m) Taxation
those reserves.
152
(n) Leases
[201700] Notes - Government grants

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of notes on government grants explanatory [TextBlock]
Capital subsidies or grants received from government authorities 0 0
Revenue subsidies or grants received from government authorities 0 0
[201200] Notes - Employee benefits

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of employee benefits explanatory [TextBlock] [See below] [See below]
153
Disclosure of employee benefits explanatory [Text Block]

Employee Benefits
Contribution to Provident and Superannuation Funds
The Company makes contributions to Provident Fund and Employee State Insurance Scheme which are defined contribution plans, for qualifying
employees as under (Refer Note 26):
31 March 2018 31 March 2017
Contribution to provident and other funds Rs. 1,38,72,185 Rs. 3,23,18,486
Defined benefit plans
The Company has a defined benefit gratuity plan. Every employee who has completed five years or more of service gets a gratuity on death or
resignation or retirement at 15 days salary (last drawn salary) for each completed year of service. The amount recognised as an expense in the
statement of profit and loss for the year towards the gratuity benefits is Rs. 2,375,000 (31 March 2017: Rs. 2,788,951).
Change in defined benefit obligation 31 March 2018 31 March 2017
Liability at the beginning of the period 15,196,131 17,300,180
Interest cost 957,000 1,296,951
Current service cost 1,898,000 2,956,000
Acquisition cost - -
Benefit paid (8,322,000) (5,006,000)
Actuarial (gain) / loss on obligations (377,000) (1,351,000)
Liability at the end of the period 9,352,131 15,196,131
Fair value of plan assets 31 March 2018 31 March 2017
Fair value of plan assets at the beginning of the period 1,623,131 1,510,180
154
Expected return on plan assets 103,000 113,000
Contributions 8,322,000 5,006,000
Benefits paid (8,322,000) (5,006,049)
Actuarial gain on plan assets - -
Fair value of plan assets at the end of the period 1,726,131 1,623,131
Actual return on plan assets 31 March 2018 31 March 2017
Expected return on plan assets Rs. 1,03,000 Rs. 1,13,000
Actual return on plan assets Rs. 1,03,000 Rs. 1,13,000
Amount recognised in the Balance Sheet
Liability at the end of the period (9,352,131) (15,196,131)
Fair value of plan assets at the end of the period 1,726,131 1,623,131
Difference - -
Unrecognised past service cost - -
Amount recognised in the balance sheet (7,626,000) (13,573,000)
Expenses recognised in the Statement of Profit and Loss
Current service cost 1,898,000 2,956,000
Interest cost 957,000 1,296,951
155
Expected return on plan assets (103,000) (113,000)
Net actuarial (gain) / loss to be recognized (377,000) (1,351,000)
Past service cost (non vested benefit) recognized - -
Past service cost (vested benefit) recognized - -
Effect of curtailment or settlements - -
Expense recognised in income statement 2,375,000 2,788,951
Balance sheet reconciliation
Opening net liability (13,573,000) (15,790,000)
Expense as above (2,375,000) (2,788,951)
Effect of curtailment or settlements 8,322,000 5,005,951
Employers contribution - -
Acquisition Cost - -
Amount recognised in balance sheet (7,626,000) (13,573,000)
Actuarial assumptions: for the year
Discount rate (p.a.) 7.10% 6.30%
Expected rate of return on plan assets current 6.30% 7.50%
Salary escalation 6.00% 7.50%
Mortality rates IALM (2006-08) ultimate. IALM (2006-08) ultimate.
Withdrawal rates 45% for Age upto 35 years and 16 % thereafter. 45% for Age upto 35 years and 30 % thereafter.
156
Retirement age 60 yrs 60 yrs
Experience History
As the revised AS-15 was adopted on and from the year ended 31 December, 2014, the following disclosures have been made for the past five
years.
As at/for the As at/for the As at/for the As at/for the As at/for the
period ended period ended period ended period ended year ended
31.03.2018 31.03.2017 31.03.2016 31.03.2015 31.3.2014
Gratuity
Defined Benefit Obligation at the end of the period (9,352,131) (15,196,131) (17,300,180) (14,947,550) (11,459,180)
Plan Assets at the end of the period 1,726,131 1,623,131 1,510,000 1,401,180 1,291,180
Funded status (7,626,000) (13,573,000) (15,790,000) (13,546,370) (10,168,000)
Experience gain/(loss) adjustments on plan liabilities 236,000 554,000 (1,360,000) (2,263,000) 1,023,000
Experience gain/(loss) adjustments on plan assets (19,000) (50,000) (10,000) - 229,000
Compensated absences
The liability towards compensated expense for the year ended 31 March 2018 is provided based on the actuarial valuation report. The defined
benefit obligation of compensated absences in respect of the employees of the Company as at 31 March 2018 is Rs. 85,70,000 (31 March 2017:
Rs. 15,822,000). Accordingly, an amount of Rs. 3,812,974 (31 March 2017: Rs. 8,737,257) has been recognised in the statement of profit and loss
during the year
157
Disclosure of employee benefits explanatory [Text Block]

Employee Benefits
Contribution to Provident and Superannuation Funds
The Company makes contributions to Provident Fund and Employee State Insurance Scheme which are defined contribution plans, for qualifying
employees as under (Refer Note 26):
31 March 2017 31 March 2016
Contribution to provident and other funds Rs. 32318486 Rs.30239820
Defined benefit plans
The Company has a defined benefit gratuity plan. Every employee who has completed five years or more of service gets a gratuity on death or
resignation or retirement at 15 days salary (last drawn salary) for each completed year of service. The amount recognised as an expense in the
statement of profit and loss for the year towards the gratuity benefits is Rs.
2,788,951 (31 March 2016: Rs. 4,523,000).
Change in defined benefit obligation 31 March 2017 31 March 2016
Liability at the beginning of the period 17,300,180 1,49,48,180
Interest cost 1,296,951 1166000
Current service cost 2,956,000 4436000
Acquisition cost - -
Benefit paid (5,006,000) (2280000)
Actuarial (gain) / loss on obligations (1,351,000) (970000)
Liability at the end of the period 15,196,131 17300180
Fair value of plan assets 31 March 2017 31 March 2016
158
Fair value of plan assets at the beginning of the period 1,510,180 1401180
Expected return on plan assets 113,000 109000
Contributions 5,006,000 2280000
Benefits paid (5,006,049) (2280000)
Fair value of plan assets at the end of the period 1,623,131 1510180
Actual return on plan assets 31 March 2018 31 March 2017
Expected return on plan assets Rs. 1,13,000 Rs. 1,09,000
Actual return on plan assets Rs. 1,13,000 Rs. 1,09,000
Amount recognised in the Balance Sheet
Liability at the end of the period (15,196,131) (17300180)
Fair value of plan assets at the end of the period 1,623,131 1510180
Difference - -
Unrecognised past service cost - -
Amount recognised in the balance sheet (13,573,000) (15790000)
Expenses recognised in the Statement of Profit and Loss
Current service cost 2,956,000 4436000
159
Interest cost 1,296,951 1166000
Expected return on plan assets (113,000) (109000)
Net actuarial (gain) / loss to be recognized (1,351,000) (970000)
Past service cost (non vested benefit) recognized - -
Past service cost (vested benefit) recognized - -
Effect of curtailment or settlements - -
Expense recognised in income statement 2,788,951 4523000
Balance sheet reconciliation
Opening net liability (15,790,000) (135477000)
Expense as above (2,788,951) (4523000)
Effect of curtailment or settlements 5,005,951 2280000
Employers contribution - -
Acquisition Cost - -
Amount recognised in balance sheet (13,573,000) (15790000)
Actuarial assumptions: for the year
Discount rate (p.a.) 6.30% 7.50%
Expected rate of return on plan assets current 7.50% 7.80%
Salary escalation 7.50% 7.50%
Mortality rates IALM (2006-08) ultimate. IALM (2006-08) ultimate.
160
Withdrawal rates 45% for Age upto 35 years and 30 % thereafter. 30% for Age upto 35 years and 5 % thereafter.
Retirement age 60 yrs 60 yrs
Experience History
As the revised AS-15 was adopted on and from the year ended 31 December, 2014, the following disclosures have been made for the past five
years.
As at/for the As at/for the As at/for the As at/for the As at/for the
period ended period ended period ended year ended year ended
31.03.2017 31.03.2016 31.03.2015 31.3.2014 31.3.2012
Gratuity
Defined Benefit Obligation at the end of the period (15,196,131) (17,300,180) (14,947,550) (11,459,180) (7734550)
Plan Assets at the end of the period 1,623,131 1,510,000 1,401,180 1,291,180 1119780
Funded status (13,573,000) (15,790,000) (13,546,370) (10,168,000) (6614770)
Experience gain/(loss) adjustments on plan liabilities 554,000 (1,360,000) (2,263,000) 1,023,000 540060
Experience gain/(loss) adjustments on plan assets (50,000) (10,000) - 229,000 140600
Compensated absences
The liability towards compensated expense for the year ended 31 March 2017 is provided based on the actuarial valuation report. The defined
benefit obligation of compensated absences in respect of the employees of the Company as at 31 March 2017 is Rs.15,822,000 (31 March 2016:
Rs. 13,764,000). Accordingly, an amount of Rs. 8,737,257 (31 March 2065: Rs. 8,271,432) has been recognised in the statement of profit and loss
during the year.
[300400] Notes - Employee share-based payments

01/04/2016
to
31/03/2017
Disclosure of notes on employee share-based payment arrangements explanatory Textual information (53)
161
Disclosure of notes on employee share-based payment arrangements explanatory [Text Block]

o Employees share based payments
Description of share-based payments arrangements
During the year the Company has offered stock options to
the eligible employees under "2016 Hicare Employees
Stock Option Scheme" (ESOS 2016) vide authorisation of
shareholders in the extraordinary general meeting held on
19 February 2016. The options may be exercised either
fully.
The employees were identified as per the discretion and
authority of the board.
Weighted
Exercise
Numbers Vesting Average
Date of Exercise Price
Scheme Year of options Conditions Exercise
Grant Period (INR)
granted Price
per
(INR)
share
per share
Vesting
after one 10 years
year from from the
ESOS 2016 2016 01-Apr-16 5,47,609 163.42 172.30
the date of date of
grant of vesting
option
ESOS 2016 2016 01-Apr-16 55,000 172.71
ESOS 2016 2016 01-Apr-16 2,15,000 194.83
For the above ESOS 2016, the difference between the fair
price of the shares underlying the options on the grant date
and the exercise price of the option (being the intrinsic
value of the option) representing Stock compensation
expense is expensed over the vesting period.
Share based payment expense
As at As at
Particulars 31 March 31 March
2017 2016
ESOS 2016 83,47,794 -

Total expense recognised in employee benefits expense 83,47,794 -
The fair value of the shares granted under ESOS 2016 is Rs.
194.83 per share on the respective grant date.
o Employees share based payments (Continued)
Reconciliation of outstanding share options
31 March 31 March
Particulars
2017 2016
Weighted Weighted
average No of average
No of Options
exercise price Options exercise
price
162
ESOS 2016
Outstanding at 1 April - - - -
Granted during the year 8,17,609 172.30 - -
Forfeited during the year 75,000 188.55 - -
Exercised during the year - - - -
Expired during the year - - - -
Outstanding at 31 March 7,42,609 170.63 - -
The options outstanding at 31 March have an exercise price

and a weighted average contractual life as give below :
31 March 31 March
Particulars
2017 2016
Weighted No of Weighted
Range of Range of
average Outstanding average
No of Outstanding Share options Exercise price Exercise
remaining Share remaining
price
life options life
163.42 -
ESOS 2016 7,42,609 4 - - -
194.83
The Company has adopted the intrinsic value method as

permitted by the Guidance Note on Accounting for
Employee Share Based Payment issued by the Institute of
Chartered Accountants of India in respect of stock options
granted.
The Company's profit for the year and earnings per share
would have been as under, had the compensation cost for
employees' stock options been recognized based on the fair
value at the date of grant in accordance with Black Scholes
model.
31 March 31 March
Particulars
2017 2016
Net Profit after tax as reported -

(41,69,65,654)
Add : Employees stock option compensation expense as per
83,47,794 -
intrinsic value method
Less : Employee stock option compensation expense as per
(1,80,00,727) -
fair value
Adjusted proforma net profit after tax -

(42,66,18,586)
Basic and Diluted earnings per share as reported (40.53) -
Basic and Diluted earnings - proforma (41.47) -
For purpose of the above proforma disclosures, the

estimated grant date fair value of stock options granted
under the 2016 Plans ranges from Rs. 60.29 - Rs. 82.32.
The fair values are measured based on the Black- Scholes-
Merton formula. Expected volatility, an input in this
formula, is estimated by considering historic average share
price volatility The inputs used in the measurement of grant
date fair values are as follows :
2016 Plan
Share price at grant date 194.83

163.42 -
Exersice price
194.83
163
Expected volatility (weighted average) 0.001%

Expected life (weighted average) 5
Expected dividends 0%
Risk-free interest rate (based on government bonds) 7.47%
[201300] Notes - Segments

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of enterprise's reportable segments explanatory [TextBlock] [See below] [See below]
Disclosure of enterprise's reportable segments explanatory [Text Block]
c Segment information
The Company operates exclusively in the pest management segment in India. As the Company's business activity falls within a single
primary business segment and a single geographic segment, the financial statements are reflective of the information required by
Accounting Standard 17 prescribed in the Companies (Accounting Standard) Rules, 2006
Disclosure of enterprise's reportable segments explanatory [Text Block]

c Segment information
The Company operates exclusively in the pest management segment in India. As the Company's business activity falls within a single
primary business segment and a single geographic segment, the financial statements are reflective of the information required by
Accounting Standard 17 prescribed in the Companies (Accounting Standard) Rules, 2006
164
[201600] Notes - Related party
Disclosure of relationship and transactions between related parties [Table] ..(1)

Categories of related parties [Axis] Column1 Column2 Column4
01/04/2017 01/04/2016 01/04/2016 01/04/2016
to to to to
31/03/2018 31/03/2017 31/03/2017 31/03/2017
Disclosure of relationship and
transactions between
related parties [Abstract]
Disclosure of relationship and
transactions between
related parties [LineItems]
TRUE NORTH TRUE NORTH TRUE NORTH
GOODLIFE PRODUCTS
Name of related party TRUSTEESHIP PRIVATE TRUSTEESHIP PRIVATE
LIMITED
VENTURES PRIVATE
LIMITED LIMITED LIMITED
Country of incorporation or residence
of related INDIA INDIA INDIA INDIA
party
CIN of related party U74140KA2006PTC040274 U74140KA2006PTC040274 U15499TN1995PLC031955 U67190MH2000PTC123712
Nature of issuing authority in country
of India India India India
incorporation or residence
Enterprises which are Enterprises which are
owned, or have significant owned, or have significant
Description of nature of related party
Holding company (A) Holding company influence of or are partners influence of or are partners
relationship with Key management with Key management
personnel and their relatives personnel and their relatives
Description of nature of transactions
Proceeds from Issue of Proceeds from Issue of Legal and professional Fees
with related shares shares
Services recevied
and creditor balance
party
Related party transactions [Abstract]
Services received related party
1,04,16,667
transactions
Other related party transactions
(B) 3,13,021
expense
Other related party transactions
contribution (C) 17,00,00,486 (D) 33,99,73,061
received
Outstanding balances for related party
transactions [Abstract]
Amounts payable related party
3,13,021
transactions
Amount written off during period in
respect 0 0 0 0
of debts due from related parties
Amount written back during period in
respect 0 0 0 0
of debts due to related parties
Footnotes
(A) IVF Trustee Company Private Limited holds 94.83% shares in the Company as a sole Trustee of India Value Fund IV, a SEBI
registered Venture Fund.
(B) Legal and professional Fees:Rs.313021
(C) Proceeds from Issue of Shares
(D) Proceeds from Issue of Shares
01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of notes on related party explanatory [TextBlock] [See below] [See below]
Whether there are any related party transactions during year No Yes
Whether company is subsidiary company Yes Yes
Section under which company is subsidiary Section 2(87)(ii) Section 2(87)(ii)
165
Disclosure of notes on related party explanatory [Text Block]

Related parties and their relationships
Names of related parties
Description of relationship Names of related parties
True North Trusteeship Private Limited (on behalf of True North Fund IV)*
Holding company
*Formerly Known as IVF Trustee Company Private Limited (on behalf of India Value Fund
Good Life Products Limited

Enterprise over which directors and their
True North Managers LLP ( Formerly knows as India Value Fund Managers LLP)
relatives exercise control or influence
True North Corporate Private Limited ( Formerly knows as India Value Fund Advisors Private
Limited)
Mr. A. Mahendran
Mr. Haresh Chawla

Key managerial personnel and their
relatives
Mr. Vikram Nirula ( upto 28 March 2018 )
Mr. Ashish Bhargava( w.e.f. 12 April 2018)
Related party transactions for the year ended 31 March 2018
Enterprise
over which
Holding / directors and Key managerial

Fellow
Particulars Ultimate Holding their relatives personnel and their Total
Subsidiaries
Company exercise relatives
control or
influence
Legal and Professional Fees
True North Managers LLP 13,825,638 13,825,638
True North Corporate Private Limited 112,056 112,056
166
Issue of equity shares
True North Trusteeship Private Limited 169,998,526 169,998,526
Balance as at 31 March 2018
Creditor balances
True North Managers LLP 12,665,812 12,665,812
True North Corporate Private Limited 108,864 108,864
167
Disclosure of notes on related party explanatory [Text Block]

29 Notes to the accounts (Continued)
l Related parties and their relationships
A. Names of related parties
Names of related
Description of relationship
parties
IVF Trustee Company Private Limited (on

Holding company behalf of
India Value Fund IV) - Shareholder
Good Life
Enterprise over which directors and their
Products
relatives exercise control or influence
Limited
India Value Fund Managers LLP
India Value Fund Advisors Private
Limited
Key managerial personnel and their
Mr. A. Mahendran
relatives
Mr. Haresh
Chawla
Mr. Vikram Nirula
B. Related party transactions for the year

ended 31 March 2017
Holding / Ultimate Fellow Enterprise over which directors and their

Particulars Total
Holding Company Subsidiaries relatives exercise control or influence
Services received
Good Life Products Limited - - 1,04,16,667 1,04,16,667
Legal and Professional Fees

India Value Fund Managers LLP - - 63,58,672 63,58,672
- - 3,13,021 3,13,021
Limited
Proceeds from Issue of shares
IVF Trustee Company Private Limited 33,99,73,061 - -

33,99,73,061
Balance as at 31 March 2017
Creditor balances
India Value Fund Managers LLP - - 63,58,672 63,58,672
- - 3,13,021 3,13,021
Limited
168
[201400] Notes - Leases

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of leases explanatory [TextBlock] [See below] [See below]
Whether any operating lease has been converted to financial lease or
No No
vice-versa
Disclosure of leases explanatory [Text Block]
Leases
Disclosure of leases explanatory [Text Block]
Leases
[300300] Notes - Earnings per share

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of earnings per share explanatory [TextBlock] [See below]
Adjustments of numerator to calculate basic earnings per share [Abstract]
Profit (loss) for period -22,73,72,479 -41,69,65,653
Adjustments of numerator to calculate diluted earnings per share [Abstract]
Profit (loss) for period -22,73,72,479 -41,69,65,653
169
Disclosure of earnings per share explanatory [Text Block]

b Earning per share ('EPS')
(Loss) for the period after tax (41,69,65,654) (28,73,14,819)
Total weighted average number of equity shares outstanding during the period/year 1,02,88,398 90,85,771
Basic and diluted (Rs.40.53) (Rs.31.62)
Nominal value per share Rs.10 Rs.10
[202800] Notes - Subsidiary information

01/04/2017
to
31/03/2018
Disclosure of subsidiary information explanatory [TextBlock]
Whether company has subsidiary companies No
Whether company has subsidiary companies which are yet to commence
No
operations
Whether company has subsidiary companies liquidated or sold during year No
[201900] Notes - Income taxes

01/04/2016
to
31/03/2017
Disclosure of notes on income taxes explanatory [TextBlock] [See below]
170
Disclosure of notes on income taxes explanatory [Text Block]

Significant accounting policies
(m) Taxation
those reserves. Current tax is measured at the amount expected to be paid to (recovered from) the taxation authorities, using the applicable tax
rates and tax laws. Deferred tax is recognised in respect of timing differences between taxable income and accounting income i.e. differences that
originate in one period and are capable of reversal in one or more subsequent periods. The deferred tax charge or credit and the corresponding
deferred tax liabilities or assets are recognised using the tax rates and tax laws that have been enacted or substantively enacted by the balance
sheet date. Deferred tax assets are recognised only to the extent there is reasonable certainty that the assets can be realised in future; however,
where there is unabsorbed depreciation or carried forward loss under taxation laws, deferred tax assets are recognised only if there is a virtual
certainty supported by convincing evidence that sufficient future taxable income will be available against which such deferred tax assets can be
realised. Deferred tax assets are reviewed as at each balance sheet date and written down or written-up to reflect the amount that is
reasonably/virtually certain (as the case may be) to be realised.
[202400] Notes - Investments in associates

01/04/2017
to
31/03/2018
Disclosure of notes on investment in associates explanatory [TextBlock]
Whether company has invested in associates No
Whether company has associates which are yet to commence operations No
[202500] Notes - Financial reporting of interests in joint ventures

01/04/2017
to
31/03/2018
Disclosure of notes on interests in joint ventures explanatory [TextBlock]
Whether company has invested in joint ventures No
Whether company has joint ventures which are yet to commence operations No
Whether company has joint ventures liquidated or sold during year No
171
[201500] Notes - Impairment

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of impairment of assets explanatory [TextBlock] [See below] [See below]
Disclosure of impairment loss and reversal of impairment loss explanatory NA

NA
[TextBlock]
Disclosure of impairment of assets in primary segment disclosure format NA

NA
Disclosure of impairment of assets explanatory [Text Block]
(g) Impairment
Disclosure of impairment of assets explanatory [Text Block]

(g) Impairment
172
[202100] Notes - Other provisions, contingent liabilities and contingent assets

01/04/2016
to
31/03/2017
Disclosure of notes on other provisions, contingent liabilities and Textual information (64)
contingent assets explanatory [TextBlock] [See below]
Disclosure of other provisions explanatory [TextBlock]
Disclosure of notes on other provisions, contingent liabilities and contingent assets explanatory [Text Block]
Provisions and Contingent liabilities
[202700] Notes - Cash flow statements

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of cash flow statement explanatory [TextBlock] [See below]
Cash and cash equivalents if different from balance sheet [Abstract]
Cash and cash equivalents cash flow statement 1,08,67,856 8,09,30,486
Total cash and cash equivalents 1,08,67,856 8,09,30,486
Income taxes paid (refund) [Abstract]
Income taxes paid (refund), classified as operating activities -2,64,95,388 -2,58,39,768
Total income taxes paid (refund) -2,64,95,388 -2,58,39,768
173
Disclosure of cash flow statement explanatory [Text Block]

Cash Flow Statement
for the year ended 31 March 2017
(Currency : Indian Rupees)
For the year ended
For the year ended 31 March 2017
'31 March 2016
Cash flows from operating activities
Net profit/(loss) before tax (41,55,21,608) (28,71,49,871)
Adjustments:
Depreciation and amortisation 1,49,59,197 1,74,25,929
Profit on sale of fixed assets (75,000) -
Fixed assets written off 30,57,523 -
Provision for doubtful receivables 10,05,63,767 2,20,84,758
Sundry balance write off 11,31,630 60,03,071
Interest income (4,88,585) (4,68,136)
Interest income on income tax refund (56,99,851) -
Liabilities/provisions no longer required written back (23,98,053) (55,23,972)
Gain on mutual funds redumption (11,25,350) (37,68,668)
Employee stock compensation expenses 83,47,794 -
Interest expense 1,91,16,378 1,22,57,505
Operating cash flow before working capital changes (27,81,32,158) (23,91,39,384)
(Increase) in trade receivables (7,31,95,439) (9,28,79,024)
(Increase)/decrease in inventories (43,04,203) 26,59,735
(Increase) in loans and advances (16,62,035) (1,10,50,622)
Increase in trade payables 1,01,50,242 17,41,753
Increase in other current liabilities and provisions 5,93,97,585 3,94,14,993
Cash used in operations (28,77,46,008) (29,92,52,550)
Income taxes (paid)/received 2,58,39,769 (61,50,095)
Net cash used in operating activities (26,19,06,239) (30,54,02,644)
Cash flows from investing activities
Purchase of fixed assets (2,18,72,965) (2,18,63,112)
Proceeds from sale of fixed assets 75,000
Interest received 6,08,608 2,35,739
Bank Deposits having original maturity of more than 3 Months 22,43,699 (7,34,883)
Proceeds from sale of mutual fund 25,31,25,349 33,82,68,668
Purchse of units of mutual fund (21,20,00,000) (29,45,00,000)
Net cash from investing activities 2,21,79,691 2,14,06,412
Cash flows from financing activities
Issue of share capital including securities premium 33,99,73,062 25,36,49,178
Borrowings (1,67,41,213) 5,37,16,201
Interest paid (1,91,16,378) (1,22,57,505)
Net cash provided by financing activities 30,41,15,471 29,51,07,874
Net increase in cash and cash equivalents 6,43,88,923 1,11,11,642
Cash and cash equivalents at beginning of period (refer note below) 1,65,41,565 54,29,923
Cash and cash equivalents at end of period (refer note below) 8,09,30,486 1,65,41,565
6,43,88,921 1,11,11,642
174
[100200] Statement of profit and loss

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
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 2,10,89,933 1,39,29,108
Revenue from sale of services 70,44,21,096 87,72,14,701
Total revenue from operations other than finance company 72,55,11,029 89,11,43,809
Total revenue from operations 72,55,11,029 89,11,43,809
Other income 73,56,812 90,63,387
Total revenue 73,28,67,841 90,02,07,196
Expenses [Abstract]
Cost of materials consumed 8,02,18,287 11,65,35,718
Purchases of stock-in-trade 68,98,403 1,04,05,729
Changes in inventories of finished goods, work-in-progress and
24,34,857 28,76,294
stock-in-trade
Employee benefit expense 32,60,59,447 57,25,70,334
Finance costs 64,01,319 1,91,16,378
Depreciation, depletion and amortisation expense [Abstract]
Depreciation expense 1,24,46,185 1,19,90,252
Amortisation expense 36,95,758 29,68,945
Total depreciation, depletion and amortisation expense 1,61,41,943 1,49,59,197
CSR expenditure 0 0
Other expenses 52,20,22,579 57,92,65,153
Total expenses 96,01,76,835 131,57,28,803
Total profit before prior period items, exceptional items, extraordinary
-22,73,08,994 -41,55,21,607
items and tax
Total profit before extraordinary items and tax -22,73,08,994 -41,55,21,607
Total profit before tax -22,73,08,994 -41,55,21,607
Tax expense [Abstract]
Current tax 63,485 0
Deferred tax 0 14,44,046
Total tax expense 63,485 14,44,046
Total profit (loss) for period from continuing operations -22,73,72,479 -41,69,65,653
Total profit (loss) for period before minority interest -22,73,72,479 -41,69,65,653
Total profit (loss) for period -22,73,72,479 -41,69,65,653
Earnings per equity share [Abstract]
Basic earning per equity share [INR/shares] -18.92 [INR/shares] -40.53
Diluted earnings per equity share [INR/shares] -18.92 [INR/shares] -40.53
Nominal value of per equity share [INR/shares] 10 [INR/shares] 10
175
[300500] Notes - Subclassification and notes on income and expenses

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
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 2,10,89,933 1,39,29,108
Total revenue from sale of products 2,10,89,933 1,39,29,108
Disclosure of revenue from sale of services [Abstract]
Revenue from sale of services [Abstract]
Revenue from sale of services, gross 70,44,21,096 87,72,14,701
Total revenue from sale of services 70,44,21,096 87,72,14,701
Disclosure of other income [Abstract]
Interest income [Abstract]
Interest income on long-term investments [Abstract]
Interest on fixed deposits, long-term investments 8,01,786 4,88,585
Total interest income on long-term investments 8,01,786 4,88,585
Total interest income 8,01,786 4,88,585
Dividend income [Abstract]
Dividend income long-term investments [Abstract]
Dividend income long-term investments from subsidiaries 0 0
Dividend income long-term equity securities 0 0
Dividend income long-term mutual funds 0 0
Dividend income long-term investments from others 0 0
Total dividend income long-term investments 0 0
Total dividend income 0 0
Net gain/loss on sale of investments [Abstract]
Net gain/loss on sale of long-term investments 8,40,644 11,25,350
Total net gain/loss on sale of investments 8,40,644 11,25,350
Other non-operating income [Abstract]
Net gain/loss on foreign currency fluctuations treated as other
0 1,979
income
Interest on income tax refund 39,76,961 56,99,851
Miscellaneous other non-operating income 17,37,421 17,47,622
Total other non-operating income 57,14,382 74,49,452
Total other income 73,56,812 90,63,387
Disclosure of finance cost [Abstract]
Interest expense [Abstract]
Other interest charges 64,01,319 1,91,16,378
Total interest expense 64,01,319 1,91,16,378
Total finance costs 64,01,319 1,91,16,378
Employee benefit expense [Abstract]
Salaries and wages 28,68,56,799 50,38,31,055
Managerial remuneration [Abstract]
Remuneration to directors [Abstract]
Salary to directors 0 0
Commission to directors 0 0
Other benefits to directors 0 0
Total remuneration to directors 0 0
Total managerial remuneration 0 0
Contribution to provident and other funds [Abstract]
Contribution to provident and other funds for others 1,38,72,185 3,23,18,486
Total contribution to provident and other funds 1,38,72,185 3,23,18,486
Expense on employee stock option scheme and employee stock purchase plan 31,91,483 83,47,794
Gratuity 23,75,000 27,88,951
Other retirement benefits 0 0
Staff welfare expense 1,59,51,006 1,65,46,791
Other employee related expenses (A) 38,12,974 (B) 87,37,257
176
Total employee benefit expense 32,60,59,447 57,25,70,334

Breakup of other expenses [Abstract]
Consumption of stores and spare parts 0 0
Power and fuel 0 0
Rent 1,66,58,802 2,11,13,727
Repairs to building 0 0
Repairs to machinery 0 0
Insurance 39,82,968 48,21,792
Rates and taxes excluding taxes on income [Abstract]
Cost taxes other levies by government local authorities 59,95,085 75,81,164
Total rates and taxes excluding taxes on income 59,95,085 75,81,164
Electricity expenses 22,97,408 34,92,991
Telephone postage 88,69,689 1,62,28,245
Travelling conveyance 1,37,62,326 3,29,73,597
Legal professional charges 3,37,87,074 3,50,10,223
Training recruitment expenses 43,14,954 85,50,162
Directors sitting fees 0 0
Advertising promotional expenses 7,58,44,419 9,64,52,999
Cost repairs maintenance other assets 9,99,402 16,20,427
Provision bad doubtful debts created 1,26,10,128 9,81,65,715
Provision bad doubtful loans advances created 0 0
Write-off assets [Abstract]
Miscellaneous expenditure written off [Abstract]
Financing charges written off 0 0
Voluntary retirement compensation written off 0 0
Technical know-how written off 0 0
Other miscellaneous expenditure written off 0 0
Total miscellaneous expenditure written off 0 0
Fixed assets written off 14,07,358 30,57,523
Bad debts written off 2,95,21,168 23,98,053
Bad debts advances written off 0 0
Other assets written off 0 11,31,630
Total write-off assets 3,09,28,526 65,87,206
Loss on disposal of intangible asset 0 0
Loss on disposal, discard, demolishment and destruction of depreciable
0 0
tangible asset
Payments to auditor [Abstract]
Payment for audit services 16,50,000 16,50,000
Payment for taxation matters 3,00,000 3,00,000
Payment for other services 1,50,000 3,00,000
Payment for reimbursement of expenses 1,22,450 2,19,270
Total payments to auditor 22,22,450 24,69,270
Miscellaneous expenses 30,97,49,348 24,41,97,635
Total other expenses 52,20,22,579 57,92,65,153
Current tax [Abstract]
Current tax pertaining to previous years 63,485 0
Current tax pertaining to current year 0 0
MAT credit recognised during year 0 0
Total current tax 63,485 0
Footnotes
(A) Compensated absences
(B) Compensated absences
177
[300600] Notes - Additional information statement of profit and loss
Details of goods purchased [Table] ..(1)

Categories of goods purchased [Axis] Goods purchased [Member] Goods purchased 1 [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017
Additional information on profit and loss account
[Abstract]
Additional details in case of manufacturing companies
[Abstract]
Details of goods purchased [Abstract]
Details of goods purchased [LineItems]
Insectocutors, Rat Insectocutors, Rat Insectocutors, Rat Insectocutors, Rat
Description of goods purchased Traps, Glue Traps Traps, Glue Traps and Traps, Glue Traps Traps, Glue Traps and
and others others and others others
Total goods purchased 68,98,403 1,04,05,729 68,98,403 1,04,05,729
Details of raw materials consumed [Table] ..(1)

Categories of raw materials consumed [Axis] Raw materials consumed [Member] Raw materials consumed 1 [Member]
01/04/2017 01/04/2016 01/04/2017 01/04/2016
to to to to
31/03/2018 31/03/2017 31/03/2018 31/03/2017
Additional information on profit and loss account
[Abstract]
Additional details in case of manufacturing companies
[Abstract]
Details of raw materials consumed [Abstract]
Details of raw materials consumed [LineItems]
Description of raw materials category Inventories Inventories Inventories Inventories
Total raw materials consumed 8,02,18,287 11,65,35,718 8,02,18,287 11,65,35,718
178

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Additional information on profit and loss account explanatory [TextBlock]
Changes in inventories of finished goods 24,34,857 28,76,294
Total changes in inventories of finished goods, work-in-progress and
24,34,857 28,76,294
stock-in-trade
Revenue other services 70,44,21,096 87,72,14,701
Total gross income from services rendered 70,44,21,096 87,72,14,701
Expenditure on dividend paid 0 0
Total expenditure in foreign currency 0 0
Final dividend remitted in foreign currency 0 0
Interim dividend remitted in foreign currency 0 0
Special dividend remitted in foreign currency 0 0
Total amount of dividend remitted in foreign currency 0 0
Earnings on royalty 0 0
Earnings on know-how 0 0
Earnings on professional and consultation fees 0 0
Total earnings on royalty, know-how, professional and
0 0
consultation fees
Earnings on interest 0 0
Earnings on dividend 0 0
Total earnings on interest and dividend 0 0
Earnings on other income 0 0
Total earnings in foreign currency 0 0
Domestic sale traded goods 2,10,89,933 1,39,29,108
Total domestic turnover goods, gross 2,10,89,933 1,39,29,108
Total revenue from sale of products 2,10,89,933 1,39,29,108
Domestic revenue services 70,44,21,096 87,72,14,701
Total revenue from sale of services 70,44,21,096 87,72,14,701
Gross value of transaction with related parties as per AS-18 18,39,36,220 35,70,61,421
Bad debts of related parties as per AS-18 0 0
[300100] Notes - Revenue

01/04/2017 01/04/2016
to to
31/03/2018 31/03/2017
Disclosure of revenue explanatory [TextBlock] [See below] [See below]
Disclosure of revenue explanatory [Text Block]

Revenue recognition
service tax.
179
Disclosure of revenue explanatory [Text Block]

Revenue recognition
service tax.
[202200] Notes - Effects of changes in foreign exchange rates

31/03/2018 31/03/2017
Disclosure of notes on effect of changes in foreign exchange rates
Details of change in classification of significant foreign operation
[Abstract]
Impact of change in classification of significant foreign operation
0 0
on shareholders' fund
[300700] Notes - Key managerial personnels and directors remuneration and other information
Disclosure of key managerial personnels and directors and remuneration to key managerial personnels and directors [Table] ..(1)
Key managerial personnels and directors [Axis] Column1 Column2
01/04/2017 01/04/2017
to to
31/03/2018 31/03/2018
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]
HIMANSHU
Name of key managerial personnel or director CHAKRAWARTI
Vishnu Kumar
Permanent account number of key managerial personnel or director ACGPC5033K CGDPS0363K

Date of birth of key managerial personnel or director 14/11/1966 31/07/1982
Designation of key managerial personnel or director CEO Company Secretary
Qualification of key managerial personnel or director IIM and IIT CS
Shares held by key managerial personnel or director [shares] 0 [shares] 0
Key managerial personnel or director remuneration [Abstract]
Gross salary to key managerial personnel or director [Abstract]
Salary key managerial personnel or director 1,76,27,909 5,63,838
Gross salary to key managerial personnel or director 1,76,27,909 5,63,838
Total key managerial personnel or director remuneration 1,76,27,909 5,63,838
180
[301000] Notes - Corporate social responsibility

01/04/2017
to
31/03/2018
Disclosure of corporate social responsibility explanatory [TextBlock] [See below]
Whether provisions of corporate social responsibility are applicable on
No
company
Disclosure of composition of CSR committee [TextBlock] [See below]
Whether company has written CSR policy Yes
Details CSR policy [TextBlock] [See below]
Prescribed CSR expenditure 0
Amount CSR to be spent for financial year 0
Amount CSR spent for financial year 0
Amount spent in local area 0
Amount unspent CSR 0
181
Disclosure of corporate social responsibility explanatory [Text Block]

The Board of Directors at its meeting held on 26th March, 2015 constituted a CSR committee to formulate Corporate Social Responsibility
1. CONTEXT:
182
3. CSR ACTIVITIES:
Rs (288,002,128)
Rs 0.00
183
Disclosure of composition of CSR committee [Text Block]

- Mr. Vikram Nirula - Member
184
Details CSR policy [Text Block]

1. CONTEXT:
Mr. Arumugam Mahendran - ChairmanMr. Haresh Chawla - MemberMr. Vikram Nirula - Member (Resignation effective of March 29,
2018)
3. CSR ACTIVITIES:
Rs (288,002,128)
185
Rs 0.00
186

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Hicare Services Private Limited

Standalone Financial Statements for period 01/04/2017 to 31/03/2018

[400100] Disclosure of general information about company

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

[400400] Disclosures - Directors report

Details of indebtedness of company [Table] ..(1)

Details of indebtedness of company [Table] ..(2)

Details of shareholding of promoters [Table] ..(1)

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

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

Details of change in promoters’ shareholding [Table] ..(1)

Details of shareholding pattern [Table] ..(1)

Details of shareholding pattern [Table] ..(2)

Details of shareholding pattern [Table] ..(3)

Details of shareholding pattern [Table] ..(4)

Details of shareholding pattern [Table] ..(5)

Details of shareholding pattern of top 10 shareholders [Table] ..(1)

Unless otherwise specified, all monetary values are in INR

Particulars of loans guarantee investment under section 186 [TextBlock]

Details of significant and material orders passed by

Textual information (1)

Disclosure in board of directors report explanatory [Text Block]

Hicare Services Private Limited ("the Company")

F.Y. 2017-18 F.Y. 2016-17

Total Revenue 732,867,841 902,605,249

Profit / (Loss) before Interest, Depreciation and Tax (204,765,735) (381,446,033)

Less: Interest 6,401,319 19,116,378

Less: Depreciation 16,141,943 14,959,197

Profit/ (Loss) Before Tax 227,308,994 (415,521,608)

Tax Adjustment- Prior Years 63,485 -

Deferred Tax - 1,444,046

Net Profit/ (Loss) after Tax (227,372,479) (416,965,654)

Add: Amount brought forward from previous year (842,882,129) (425,916,475)

Less: Adjustment due to change in useful life of fixed assets - -

Balance carried forward to Balance Sheet (1,070,254,610) (842,882,129)

DIVIDEND and RESERVES:

INCREASE IN SHARE CAPITAL:

STATE OF COMPANY'S AFFAIRS:

CHANGE(S) IN THE NATURE OF BUSINESS:

SUBSIDIARY COMPANIES, JOINT VENTURE OR ASSOCIATE COMPANIES:

INTERNAL FINANCIAL CONTROLS WITH REFERENCE TO FINANCIAL STATEMENTS:

STATUTORY AUDIT AND AUDITOR'S REPORT:

EXPLANATIONS OR COMMENTS BY THE BOARD ON QUALIFICATIONS, RESERVATIONS OR ADVERSE REMARKS OR

There is no qualification in the Auditors' report.

EXTRACT OF ANNUAL RETURN:

CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNINGS AND OUTGO:

FOREIGN EXCHANGE EARNING AND OUTGO:

F.Y. 2017-18 F. Y. 2016-17

Foreign Exchange Earnings NIL NIL

Foreign Exchange Outgo 9,909,712 11,809,969

CORPORATE SOCIAL RESPONSIBILITY:

CHANGES IN THE DIRECTORS AND KEY MANGERIAL PERSON:

NUMBER OF MEETINGS OF THE BOARD:

A. Members/Class/Requisitioned/CLB/NCLT/Court Convened Meetings

Name of Directors Dates of Members' Meetings and Attendance

30/08/2017 (AGM) 27/03/2018 (EGM)

Mr. Arumugam Mahendran Present Present

Mr. Haresh Chawla Present Present

Mr. Vikram Nirula Present Present

Name of Directors Date of Board Meetingand Attendance

22/05/17 26/06/17 21/09/17 13/11/17 12/12/17 16/03/18 27/03/18 28/03/18 30/03/18

1- Ms. Malati Iyengar - Chairperson

PARTICULARS OF CONTRACTS OR ARRANGEMENTS WITH RELATED PARTIES: