Aprameya Engineering Ltd. ಖಾತೆಯ ಉಪಯುಕ್ತ ಮಾಹಿತಿ

Mar 31, 2026

During the previous year, the company has completed the Initial Public Offer (IPO), pursuant to which 50,40,000 equity shares face value ofRs. 10 each at premium of Rs. 48 per share were allotted . The company got listed on NSE Emerge platform w.e.f. 01.08.2024

d) Terms & Rights attached to each class of shares:

The company has only one class of equity shares having face value of Rs. 10 per share , Each holder of equity shares Is entitled to one vote per share. In the event of liquidation of the company, the holders of equity shares will be entitled to receive any remaining assets of the company , after distribution of all preferential amounts and repayment, if any in the proportion to to the number of equity shares held by the shareholders.

(f) Aggregate number of bonus shares Issued, shares Issued for consideration other than cash and shares bought back during the period of five years immediately preceding the reporting date

(i) During the year 2022-23, the company has allotted 70,00,000 equity shares as fully paid-up bonus shares In the ratio of 1:1 (i.e. One Bonus shares for every share held) by capitalization of Retained Earnings of Rs. 700.00 lakhs/-.

(ii) The company has issued 70,00,000 equity shares to partners of the erstwhile firm i.e M/s Aprameya Engineering on its conversion to private limited company. The shares were issued at par against the Fixed capital of partners outstanding as on date of conversion i.e 27.12.2021.

17.2 Terms of Repayment

The company has acquired Land on Lease from Sanand GIDC. The GIDC has allowed the company to pay premium of Rs.68.51 Lakhs after the moratorium period of 2 years in 32 Quarterly Instalment of Rs. 2.14 Lakhs with interest payable at the rate of 10% p. a. (10% p.a. F.Y. 2024-25) starting from 30-06-2023. Interest is payable In moratorium period as and when due on monthly basis.

20.1 Cash credit and other working capital facilities

(a) The Bank facilities of Working Capital being Cash Credit limit of Rs. 3,200.00 lakhs (Rs. 1950.00 lakhs for F.Y. 2024-25) and other Facilities obtained from the bank. The Interest rate for the above facility Is 8.85% p. a. (9.75% for F.Y. 2024-25).

(b) Details of securities:

a. Primary Security

Hypothecation of entire current assets (Present as well as Future) of the company including stock and Book debts and

b. Collateral Securities

Mortgage on Two Investment properties, Residential and Commercial properties of Directors jointly held with relative members, and Commercial properties of Aprameya Engineering (I) Pvt Ltd. and personal guarantee of Mr Chetan |oshi, Mrs. Archna joshi, Mr Saurabh Bhatt and Mrs Pooja Bhatt and corporate guarantee of Aprameya Engineering (I) Pvt Ltd.

35	Additional Information to the Financial Statements A. Contingent Liabilities not provided for are classified as under:
	Particulars	As at 31st March, 2026	As at 31st March, 2025
	Income Tax Related Matters	2.75	2.58
	Tax Deducted at Source	0.30	3.02
	Bank Guarantees	802.73	1033.80

B. Other Matters

The company had received order from GST department regarding the blocking of InputTax Credit (ITC) arising from ineligible 1TC ofU07.22 lakhs claimed on services provided by the Service provider. In compliance with the notice, the company has reversed the Ineligible ITC in its books of account and has issued a legal notice to the said service provider for recovery of the ineligible ITC amount along with the Interest paid by the company.

C. Capital Commitment
Particulars	As at 31st	As at 31st
	March, 2026	March. 2025
Estimated amount of Contracts to be executed on capital account and not provided for (net of advances of 79.11 Lakhs (PY.*t 58.32 Lakhs)	9.46	95.33

36 Disclosures Under Indian Accounting Standards:

(A) Earning per share

Basic EPS amounts are calculated by dividing the profit for the year attributable to equity holders of the Company by the weighted average number of Equity shares outstanding during the period.

Diluted EPS amounts are calculated by dividing the profit attributable to equity holders of the Company by the weighted average number of Equity shares outstanding during the period.

(B) Disclosure at required under Ind AS 19 • Employee Benefit*

[I] 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 departure at 15 days salary (last drawn salary) for each completed year of service. The scheme Is unfunded. The following tables summaries the components of net benefit expense recognized In the Statement of profit and loss and the unfunded status and amounts recognized In the balance sheet for the gratuity plan.

Risks associated with defined benefit plan

Interest rate risk: A fall In the discount rate which Is linked to the Government securities rate will Increase the present value of the liability requiring higher provision.

Salary Risk: The present value of the defined benefit plan liability Is calculated by reference to the future salaries of members. As such, an Increase In the salary of the members more than assumed level will Increase the plan''s liability.

Asset Liability Matching Risk: The plan faces the ALM risk as to the matching cash flow. The entity has to manage pay-out based on pay as you go basis from own funds.

Mortality risk: Since the benefits under the plan is not payable for life time and payable till retirement age only, plan does not have any longevity risk.

Characteristics of defined benefit plans

During the year, there were no plan amendments, curtailments and settlements.

Note 1: Discount rate is determined by reference to market yields at the balance sheet date on Government bonds, where the currency and terms of the Government bonds are consistent with the currency and estimated terms for the benefit obligation.

Note 2: The estimate of future salary increase takes into account inflation, seniority, promotion and other relevant factors such as supply and demand in the employment market

The sensitivity analysis has been determined based on reasonably possible changes of the respective assumptions occurring at the end of the reporting period, while holding all other assumptions constant

The sensitivity analysis presented above may not be representative of the actual change In the projected benefit obligation as it is unlikely that the change in assumptions would occur in isolation of one another as some of the assumptions may be correlated. Furthermore, In presenting the above sensitivity analysis, the present value of the projected benefit obligation has been calculated using the projected unit credit method at the end of the reporting period, which is the same method as applied in calculating the projected benefit obligation as recognised in the balance sheet

Impact of New Labour Code

The Government of India has notified the implementation of four new Labour Codes effective 21st November, 2025, by consolidating and rationalizing 29 existing labour laws. Further based on management estimates and actuarial valuation obtained, the company has considered the impact of gratuity liability arising from the implementation of the New Labour Codes and accordingly the financial impact of the same has been recognized as an additional expense of Rs. 11.38 Lakhs in the financial satements for the year ended 31st March, 2026.

Other Employee Benefits

The company has payed its obligation towards leave encashment before the end year and there are no carry forward leave encashment to be payable as on the end of the financial year.

(D) Leases:

(I) As Lessee

(a) Short term Leases

The Company has taken various premises under short term lease. The Lease agreements have no sub leases. These Lease are generally cancellable and are renewable by mutual consent on mutually agreed terms. There are no restrictions imposed by lease agreements. The lease payment recognised in the statement of profit & loss during the year 31st March. 2026 is 4 44.45Lakhs (4 52.47 lakhs for F.Y. 2024-25).

This section explains the judgements and estimates made In determining the fair values of the financial Instruments that are (a) recognized and measured at fair value and (b) measured at amortized cost and for which fair values are disclosed In the financial statements. To provide an Indication about the reliability of the Inputs used In determining fair value, the Group has classified Its financial Instruments Into the three levels prescribed under the accounting standard, An explanation of each level follows underneath the table.

Level 1: Hierarchy includes financial instruments measured using quoted prices(unadjusted) in active markets for identical assets or liabilities.

Level 2: The fair value of financial instruments that are not traded in an active market is determined using valuation techniques which maximise the use of observable market data and rely as little as possible on entity-specific estimates. If all significant inputs required to fair value an instrument are observable, the instrument is included in level 2.

Level 3: If one or more of the significant inputs is not based on observable market data, the instrument is included in level 3.

There are no transfers between levels 1 and 2 during the year.

The Company’s policy is to recognise transfers Into and transfers out of fair value hierarchy levels at the end of the reporting period.

(il) Valuation technique used to determine fair value

Specific valuation techniques used to value financial instruments include:

- the use of quoted market prices or dealer quotes for similar instruments

- the fair value of the remaining financial Instruments Is determined using discounted analysis (if any).

The Company''s principal financial liabilities comprise of loan from banks and trade payables. The main purpose or tnese financial liabilities Is to raise finance for the Company''s operabons.The Company has various financial assets such as trade receivables, cash and short term deposits, other Deposits, which arise directly from Its operations.The main risks arising from Company''s financial instruments are foreign currency risk, credit risk, market risk. Interest rate risk and liquidity risk. The Board of Directors review and agree policies for managing each of these risks.

(A) Credit risk

Credit risk is the risk of Incurring a loss that may arise from a borrower or customer falling to make required payments. Credit risk arises mainly from outstanding receivables from free market dealers, cash and cash equivalents, employee advances and security deposits. The Company manages and analyses the credit risk for each of Its new clients before standard payment and delivery terms and conditions are offered.

The Company’s exposure to credit risk Is influenced mainly by the Individual characteristics of each customer. The demographics of the customer and Including the default risk of the industry, also has an influence on credit risk assessment Credit risk is managed through credit approvals, establishing credit limits and continuously monitoring the creditworthiness of customers to which the Company grants credit terms in the normal course of business.

The Company considers the probability of default upon Initial recognition of asset and whether there has been a significant increase in credit risk on an ongoing basis through each reporting period. To assess whether there Is a significant Increase in credit risk the Company compares the risk of default occurring on asset as at the reporting date with the risk of default as at the date of Initial recognition. It considers reasonable and supportive forwarding-looking Information such as:

I) Actual or expected significant adverse changes in business;

li) Actual or expected significant changes in the operating results of the counterparty;

iii) Financial or economic conditions that are expected to cause a significant change to the counterparty''s ability to meet its obligations;

Iv) Significant increase in credit risk on other financial instruments of the same counterparty;

v) Significant changes in the value of the collateral supporting the obligation or in the quality of the third-party guarantees or credit enhancements.

Financial assests are written off when there is no reasonable expectations of recovery, such as a customer failing to engage in a repayment plan with the Company. Where loans or receivables have been written off, the Company continues to engage in enforcement activity to attempt to recover the receivable due. Where recoveries are made, these are recognized as income in the statement of profit and loss.

(I) Trade Receivables

For trade receivables, the Company applies the simplified approach permitted by Ind AS 109 Financial instrument, which requires expected lifetime losses to be recognized from initial recognition of the receivables. When determining whether the credit risk of a financial asset has increased significantly since Initial recognition and when estimating expected credit Losses (ECl). the Company considers reasonable and relevant information that is available without undue cost or effort This includes both quantitative and qualitative Information and analysis, based on the Company''s historical experience and informed credit assessment and including forward looking information.

0») Cash and Cash Equivalents and Other Bank balances

As at the year end. the company held cash and cash equivalents and Other Bank balances of Its. 980.78 Lakhs (Rs. 598.50 lakhs for F.Y. 2024-25). The Bank balances are held with banks.

(Iv) Other Financials Assets

It mainly Includes deposits given to Government authorities at the time of securing the contracts. The same are considered to be of good quality and there Is no significant Increase In credit risk. The company has provided addition loss allowance of Rs. 43.55 lakhs (F.Y. 24-25 of Rs. 2.10 Lakhs) on the above deposits

(B) Liquidity risk

Liquidity risk Is the risk that the Company will encounter difficulty In meeting the obligations associated with Its financial liabilities that are settled by delivering cash or another financial asset The responsibility for liquidity risk management rests with the board of directors, which has established an appropriate liquidity risk management framework for the management of the Company''s short-term, medium-term and long-term funding and liquidity management requirements. The Company manages liquidity risk by maintaining adequate reserves, banking facilities and reserve borrowing facilities, by continuously monitoring forecast and actual cash flows, and by matching the maturity profiles of financial assets and liabilities.

Maturities of financial liabilities

The tables herewith analyse the Company''s financial liabilities Into relevant maturity groupings based on their contractual maturities for.

The amounts disclosed In the table are the contractual undiscounted cash flows. Balances due within 12 months equal their carrying balances as the impact of discounting is not significant

(C) Market risk

Market Risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices.

1. Currency risk

Curreny market risk is the risk that changes in market prices - such as foreign exchange rates. Interest rates and equity prices - will affect the Company''s income or the value of its holdings of financial Instruments. The objective of market risk management is to manage and control market risk exposures within acceptable parameters, while optimising the return.

The risk is measured through a forecast of foreign currency for the Company''s operationsThe Company has no exposure to foreign currency risk at the end of the reporting period.

The Company''s Board of Directors has overall responsibility for the establishment and oversight of the Company''s risk management framework.The primary ob|ective of the Company''s capital management is to ensure that It maintains a strong credit and liquidity In order to support Its business activities .The Company manages Its capital and makes adjustments to It In light of the changes In economic and market conditions. The Company''s risk management policies are established to identify and analyse the risks faced by the Company, to set appropriate risk limits and controls and to monitor risks. The Company monitors capital using a gearing ratio, which Is net debt divided by total capital plus net debt The Company includes within net debt Interest bearing loans and borrowings less cash and free short-term deposits (Including other bank balance)

39 Other Disclosures:

(A) Disclosures required under the Act

As represented by the management they have identified the Micro, Small and Medium enterprises based on confirmation received from suppliers who have registered themselves under the Micro, Small and Medium Enterprises Development Act, 2006 (MSMED Act.and the payments of dues to Micro, Small and Medium enterprises are generally made within stipulated period of 45 days as prescribed under Micro, small and Medium Enterprises Development Act As represented by the company , there Is no claim of Interest from any Micro, small and Medium Enterprises:

41 Additional Regulatory Information to bo disclosed as per Schedule III of the Companies Act, 2013

(a) The company holds all the title deeds of Immovable property In Its name.

(b) The Company does not have any transactions with companies struck- off under Section 248 of the Companies Act 2013 or Section 560 of Companies Act 1956.

(c) Others:

(i) The company does not have any Benami property, where any proceeding has been Initiated or pending against the company for holding any Benami property

(ii] The quarterly returns and statement of current assets filled by the company with Banks are generally In agreement with the books of account However, there are some reconciliations dlffrences as mentioned In Note No. -41.1

(III) The company does not have any charges or satisfaction which is yet to be registered with ROC beyond the statutory period.

(iv) The company have not traded or invested In Crypto currency or Virtual Currency during the period.

(v) The company have not advanced or loaned or invested funds to any other person(s) or entity(ies), including foreign entitles (Intermediaries) with the understanding that the Intermediary shall:

(a) directly or Indirectly lend or invest in other persons or entities Identified In any manner whatsoever by or on behalf of the company (Ultimate Beneficiaries) or

(b) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.

(vi) The company have not received any fund from any person(s) or entity(ies), including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that the company shall:

(a) directly or Indirectly lend or Invest in other persons or entities Identified In any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries) or

(b) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries,

vil)The company has no such transaction which Is not recorded in the books of accounts that has been surrendered or disclosed as income during the year In the tax assessments under the Income Tax Act 1961 (such as. search or survey or any other relevant provisions of the Income Tax Act, 1961.

viii) The company is not declared as wilful defaulter by any bank or financial Institution or other lender.

ix) There Is no Scheme of Arrangements approved by the Competent Authority in terms of sections 230 to 237of the Companies Act 2013

*3 These Financial Statements were authorised for Issue In accordance with the resolution of the Board of Directors In Its meeting held on 28th May, 2026. The financial statements as approved by the board of directors are suh|cct to final approval of Its share holders.

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Mar 31, 2025

T. Provisions, Contingent Liabilities and Contingent
Assets:

Provisions:

Provisions are recognised when the Company has a
present obligation (legal or constructive) as a result of
a past event, it is probable that an outflow of resources
embodying economic benefits will be required to
settle the obligation and a reliable estimate can be
made of the amount of the obligation. When the
Company expects some or all of a provision to be
reimbursed, for example, under an insurance contract,
the reimbursement is recognised as a separate asset,
but only when the reimbursement is virtually certain.
The expense relating to a provision is presented in the
Statement of Profit and Loss net of any reimbursement.

Contingent Liabilities:

Contingent liability is disclosed for (i) Possible
obligations which will be confirmed only by the future
events not wholly within the control of the company or
(ii) Present obligations arising from past events where
it is not probable that an outflow of resources will be
required to settle the obligation or a reliable estimate
of the amount of the obligation cannot be made.

Contingent Assets:

Contingent Assets are not recognised but are disclosed
in the notes to the financial statements.

The Provisions, contingent liabilities and contingent
assets are reviewed at each balance sheet date.

U. Earnings Per Share:

Basic earnings per share are calculated by dividing the
net profit or loss for the period attributable to equity
shareholders by the weighted average number of
equity shares outstanding during the period.

For the purpose of calculating diluted earnings per
share, the net profit or loss for the period attributable to
equity shareholders and the weighted average number
of shares outstanding during the period are adjusted
for the effects of all dilutive potential equity shares.

V. Segment Reporting

The operating segments are the segments for which
separate financial information is available and for
which operating profit/loss amounts are evaluated
regularly by the Managing Director or the Whole
Time Director in deciding how to allocate resources
and in assessing performance. Operating segments
are reported in consistent manner with the internal
reporting provided to the Managing Director or
the Whole Time Director of the Company. They are
responsible for allocating resources and assessing
performance of the Company.

Unallocable items include general corporate income
and expense items which are not allocated to any
business segment.

1.4. RECENT PRONOUNCEMENTS

Recent Indian Accounting Standards (Ind AS) issued
not yet effective

Ministry of Corporate Affairs ("MCA") notifies new
standards or amendments to the existing standards
under Companies (Indian Accounting Standards) Rules
as issued from time to time. For the year ended March
31, 2025, MCA has notified Ind AS - 117 Insurance
Contracts and amendments to Ind AS 116 - Leases,
relating to sale and leaseback transactions, applicable
to the Company w.e.f. April 1, 2024. The Company has
reviewed the new pronouncements and based on its
evaluation has determined that it does not have any
significant impact in its financial statements.

(I I) Terms of Repayment

The above term loan is repayable in 48 months including moratorium period of 12 months and by way of
instalments of '' 2.00 Lakhs p.m. starting from July, 2021. Interest is payable at 9.25% p. a.( 9.25% p. a. for F.Y. 2023¬
24). The interest is payable as and when due during the moratorium period. The Company has fully repaid this loan
during the year.

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