Savy Infra and Logistics Ltd. இன் கணக்கு குறிப்புகள்

Mar 31, 2025

PROVISIONS, CONTINGENT LIABILITIES AND CONTINGENT ASSETS
2.10__

Provision involving substantial degree of estimation in measurement is recognized when there is a
present obligation as a result of past events and it is probable that there will be an outflow of resources.
Contingent liabilities are not recognized but are disclosed in the notes. Contingent assets are neither

__recognized nor disclosed in the financial statements._

REVENUE RECOGNITION

2.11__

The Company follows Percentage of completion method of accounting. As per this method, revenue is
recognised in Statement of Profit & Loss in proportion to the actual cost incurred as against the total
estimated cost of projects under execution with the Company on transfer of significant risk & rewards
to the buyer.

Determination of revenues under the percentage of completion method necessarily involves making
estimates, some of which are of a technical nature, concerning, where relevant, the percentages of
completion, costs to completion, the expected revenues from the project or activity and the foreseeable
losses to completion. Estimates of project income, as well as project costs, are reviewed periodically.
The effect of changes, if any, to estimates is recognised in the financial statements for the period in

__which such changes are determined._

OTHER INCOME

2.12__

Interest Income on fixed deposit is recognized on time proportion basis. Other Income is accounted for
when right to receive such income is established.

EMPLOYEE BENEFITS

2.13 __

Gratuity

The Company has an obligation towards gratuity, a defined benefit retirement plan covering eligible
employees. The plan provides for lump sum payment to vested employees at retirement, death while in
employment or on termination of employment of an amount equivalent to 15 days salary payable for
each completed year of service without any monetary limit. Vesting occurs upon completion of five
years of service. Provision for gratuity has been made in the books as per actuarial valuation done as at
__the end of the year._

TAXES ON INCOME

2.13 __

Income taxes are accounted for in accordance with Accounting Standard (AS-22) - “Accounting for
taxes on income”, notified under Companies (Accounting Standard) Rules, 2014. Income tax comprises
of both current and deferred tax.

Current tax is measured on the basis of estimated taxable income and tax credits computed in accordance

__with the provisions of the Income Tax Act, 1961._

The tax effect of the timing differences that result between taxable income and accounting income and
are capable of reversal in one or more subsequent periods are recorded as a deferred tax asset or deferred
tax liability. They are measured using substantially enacted tax rates and tax regulations as of the

__Balance Sheet date._

Deferred tax assets arising mainly on account of brought forward losses and unabsorbed depreciation
under tax laws, are recognized, only if there is virtual certainty of its realization, supported by
convincing evidence. Deferred tax assets on account of other timing differences are recognized only to
_ the extent there is a reasonable certainty of its realization._

CASH AND BANK BALANCES

2.14 __

Cash and cash equivalents comprises Cash-in-hand, Current Accounts, Fixed Deposits with banks. Cash
equivalents are short-term balances (with an original maturity of three months or less from the date of
acquisition), highly liquid investments that are readily convertible into known amounts of cash and
which are subject to insignificant risk of changes in value. Other Bank Balances are short-term balance

__( with original maturity is more than three months but less than twelve months)._

EARNINGS PER SHARE

2.15 __

Basic earning per share is computed by dividing the profit/ (loss) after tax (including the post tax effect
of extraordinary items, if any) by the weighted average number of equity share outstanding during the
year. Diluted earning per share is computed by dividing the profit/ (loss) after tax (including the post
tax effect of extraordinary items, if any) as adjusted for dividend, interest and other charges to expense
or income (net of any attributable taxes) relating to the dilutive potential equity shares, by the weighted
average number of equity shares which could have been issued on the conversion of all dilutive potential
__equity shares._

2.16 EMPLOYEE BENEFITS_

__Defined Contribution Plan:_

Contributions payable to the recognised provident fund, which is a defined contribution scheme, are
charged to the statement of profit and loss.

Defined Benefit Plan (Funded):

The Company has an obligation towards gratuity, a defined benefit retirement plan covering eligible
employees. The plan provides for a lump sum payment to vested employees at retirement, death while
in employment or on termination of employment of an amount equivalent to 15 days salary payable for
each completed year of service. Vesting occurs upon completion of five years of service. The plan is
managed by a trust and the fund is invested with Life Insurance Corporation of India under its Group
Gratuity Scheme. The Company makes annual contributions to gratuity fund and the Company
recognizes the liability for gratuity benefits payable in future based on an independent actuarial
__valuation._

SEGMENT REPORTING

2.17 __

The Company is primarily engaged in a single business segment, and its operations are not diversified
to the extent that would require separate segment reporting. Therefore, in accordance with Accounting
Standard (AS) 1, "Disclosure of Accounting Policies", the Company has not presented separate segment
__information in these financial statements._

iv. The Company doesnot have any capital WIP assets under development.

v. The Company doesnot have any intangible assets under development.

vi. No proceedings have been initiated or pending against the company for holding any benami
property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and the rules
made thereunder.

vi The Company has borrowings from banks or financial institutions on the basis of security of

i. current assets and quarterly returns or statements of current assets filed by the Company
with banks or financial institutions are in agreement with the books of accounts.

vi The company is not declared as wilful defaulter by any bank or financial institution or other

ii. lender.

ix. 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

x. There are no charges or satisfaction yet to be registered with Registrar of Companies beyond

the statutory period._

xi. The company does not have any investments and hence, compliance with the number of
layers prescribed under clause (87) of section 2 of the Act read with Companies (Restriction
on number of Layers) Rules, 2017 is not applicable.

a. Inventory turnover ratio: Average Stock is increased as compared to COGS as compared

to last year_

b. Return on Equity Ratio: Profit during the year has increased as compared to previous
year, However Capital Investment is also has increased as compared to last year so the
returns are lower

c. Trade Receivables turnover ratio: the dues are not recovered in a timely manner as
compared to previous year and hence time of recovery increased accordingly.

d. Trade Paybles turnover ratio: the dues are not recovered in a timely manner as compared
to previous year and hence timely payment of dues also not possible.

e. Debt Service Coverage Ratio: the Interest liability has not increased as compared to
increase in profit.

f. Net profit ratio :There is a increase in turonver, However No increase in net profit due to

decrease in gross operating margin_

g. Return on Capital employed :There is a increase in turonver, however Capital and
borrwings are also increased as compared to last year.

h. Current Ratio: Increase in debtors and stock is there as compare to increase in creditors

so ratio is improved compared to last year_

i. Debt-Equity Ratio: Huge Long Term and Short Term Borrowings have been made as
compared to increase in Capital.

j. Net capital turnover ratio: Turnover is not increased as compared to increase in Net

Working Capital_

k. Return on investment: Increase in Net-profit as compared to last year, however Capital

is drastically increased as well as compared to last year._

xii The Company does not have any scheme of arrangements which has been approved by the
i Competent Authority in terms of sections 230 to 237 of the Companies Act, 2013.

xi A. No funds have been advanced or loaned or invested (either from borrowed funds or share
v. premium or any other sources or kind of funds) by the Company to or in any other persons
or entities, including foreign entities ("Intermediaries"), with the understanding, whether
recorded in writing or otherwise, that the Intermediary shall, directly or indirectly lend or
invest in other persons or entities identified in any manner whatsoever ("Ultimate
Beneficiaries") by or on behalf of the Company or provide any guarantee, security or the like
on behalf of the Ultimate Beneficiaries.

B. No funds have been received by the Company from any persons or entities, including
foreign entities ("Funding Parties"), with the understanding, whether recorded in writing
or otherwise, that the Company shall directly or indirectly, lend or invest in other persons
or entities identified in any manner whatsoever ("Ultimate Beneficiaries") by or on behalf of
the Funding Parties or provide any guarantee, security or the like on behalf of the Ultimate
Beneficiaries.

xv The Company has neither traded nor invested in Crypto currency or Virtual Currency
during the financial year.

xv The Company does not have undisclosed income during the year in the tax assessments
i under the Income Tax Act, 1961 (such as, search or survey or any other relevant

27 Previous year''s figures have been regrouped / reclassified wherever necessary to correspond
with the current year''s classification / disclosure.

Note : Based on the information available with the Company, The information regarding Micro and Small
enterprises has been determined to the extent such parties as required to be disclosed under the Micro, Small
and Medium Enterprises Development Act, 2006. The company has made payments to MSME vendors within
mutual contractual period which is exceeding the contractual time limit as per MSMED Act, 2006

As per the information and confirmation received from the Company there were no outstanding towards Micro
or Small enterprise which is registered under the provisions of the Micro, Small and Medium Enterprise
Development Act 2006, hence amount due and interest payable is NIL._