Drums Food International Private Limited: Standalone Financial Statements For Period 01/04/2015 To 31/03/2016

DRUMS FOOD INTERNATIONAL PRIVATE LIMITED
Standalone Financial Statements for period 01/04/2015 to 31/03/2016
[400100] Disclosure of general information about company

Unless otherwise specified, all monetary values are in INR
01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
DRUMS FOOD INTERNATIONAL
Name of company PRIVATE LIMITED
Corporate identity number U15122MH2007PTC175738
Permanent account number of entity AACCD7235M
Shed No. 2, Plot No. 9, Lbs
Marg, Behind Samruddh Cng
Address of registered office of company Pump, Kurla - West,
Mumbai, Maharashtra,
India, 400070
Commercial and
Type of industry Industrial
Registration date 06/11/2007
Whether company is listed company No
Date of board meeting when final accounts were approved 29/09/2016
Period covered by financial statements 01/04/2015 31/03/2016
Date of start of reporting period 01/04/2015 01/04/2014
Date of end of reporting period 31/03/2016 31/03/2015
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
SHED NO. 2, PLOT NO. 9, LBS
Complete postal address of place of maintenance of computer MARG BEHIND SAMRUDDH CNG
servers (storing accounting data) PUMP, KURLA - WEST MUMBAI
MH 400070
Name of city of place of maintenance of computer servers (storing
MUMBAI
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
400070
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
2225160610
servers (storing accounting data)
Whether books of account and other books and papers are maintained
No
on cloud
DRUMS FOOD INTERNATIONAL PRIVATE LIMITED Standalone Financial Statements for period 01/04/2015 to 31/03/2016
Disclosure of principal product or services [Table] ..(1)

Types of principal product or services [Axis] ProductOrServices1
01/04/2015
to
31/03/2016
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 9963
Description of product or service category Ice-Cream Parlours
Turnover of product or service category 12,52,62,864
Highest turnover contributing product or service (ITC 8 digit) code 99633992
Description of product or service Ice-Cream Parlours
Unit of measurement of highest contributing product or service 0
Turnover of highest contributing product or service 0
Quantity of highest contributing product or service in UoM [Qty] 0
[400400] Disclosures - Directors report
Details of shareholding pattern of top 10 shareholders [Table] ..(1)

Name of top 10 shareholder [Axis] Top 1 shareholder [Member] Top 2 shareholder [Member]
Shareholding at beginning of year Shareholding at beginning of year
Change in shareholding [Axis]
[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Total number of shares held at end of period [shares] 34,578 [shares] 34,258 [shares] 39,106 [shares] 27,500
Percentage of total shares held at end of period 5.36% 6.43% 6.06% 5.16%
Increase decrease in shareholding during year [shares] 11,606
Percentage increase decrease in
1.07% 0.90%
shareholding during year
Percentage of total shares held at end of
5.36% 6.43% 6.06% 5.16%
period
Details of shareholding pattern of top 10
shareholders [Abstract]
shareholders [LineItems]
Name of shareholder Mr. Shripad Nadkarni Mr. Manu Chandra
Percentage increase decrease in shareholding
1.07% 0.90%
during year
1.07% 0.90%
5.36% 6.43% 6.06% 5.16%
period
2

[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
[shares] [shares]
Total number of shares held at end of period [shares] 22,829
16,310
[shares] 22,829
11,430
[shares] [shares]
16,310
[shares] 22,829
11,430
Increase decrease in shareholding during year [shares] 6,519 [shares] 11,399
0.48% 0.17%
[shares] [shares]
16,310
[shares] 22,829
11,430
3.54% 3.06% 0.17% 2.14%
period
M/s. Salarpuria Investments M/s. Blue Lagoon Vanijya
Name of shareholder Pvt. Ltd. Pvt. Ltd.
0.48% 0.17%
during year
[shares] [shares]
16,310
[shares] 22,829
11,430
0.48% 0.17%
[shares] [shares]
16,310
[shares] 22,829
11,430
3.54% 3.06% 0.17% 2.14%
period
3

[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Increase decrease in shareholding during year [shares] 0 [shares] 0
0.21% 0.21%
0.97% 1.18% 0.97% 1.18%
period
Name of shareholder Mrs. Anuradha Thadani Mrs. Savita Wadhwani
0.21% 0.21%
during year
0.21% 0.21%
0.97% 1.18% 0.97% 1.18%
period
4

[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
0.18% 0.02%
0.87% 1.05% 0.97% 0.99%
period
Name of shareholder Mr. Peter Raj Singh Ms. Roslind Rock
0.18% 0.02%
during year
0.18% 0.02%
0.87% 1.05% 0.97% 0.99%
period
5

[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
[shares]
5,690
[shares] 10,567 [shares] 9,500
[shares]
5,690
1.04% 0.10%
[shares]
5,690

2.11% 1.07% 1.64% 1.78%
period
Mr. Kanwaljit Singh (Trustee of
Name of shareholder Fireside Ventures Trust)
Mr. Vishwarupe Narain

1.04% 0.10%
during year
[shares]
5,690
1.04% 0.10%
[shares]
5,690

2.11% 1.07% 1.64% 1.78%
period
Particulars of holding, subsidiary and associate companies [Table] ..(1)

Particulars of companies [Axis] ParticularsOfCompanies1
01/04/2015
to
31/03/2016
Particulars of holding, subsidiary and associate companies [Abstract]
Particulars of holding, subsidiary and associate companies [LineItems]
R S M Enterprises Private
Name of company Limited
5th Floor, Delphi
Address of company Apartments, Pali Hill,
Bandra, Mumbai - 400050
Country of incorporation of company INDIA
CIN of company U51909MH2005PTC157034
6
Details of directors signing board report [Table] ..(1)

Directors signing board report [Axis] DirectorsSigningBoardReport1
01/04/2015
to
31/03/2016
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 Rohan
Middle name of director Raju
Last name of director Mirchandani
Designation of director Other Non Executive Director
Director identification number of director 02490165
Date of signing board report 29/09/2016
Details of change in promoters’ shareholding [Table] ..(1)

Promoters [Axis] PromotersMember1 PromotersMember2
[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Details of change in promoters’ shareholding
[Abstract]
[LineItems]
Name of promoter Mr. Uday Thakker Mr. Milap Shah
0.26% 0.66%
1.89% 2.15% 3.13% 3.79%
period
0.26% 0.66%
during year
0.26% 0.66%
1.89% 2.15% 3.13% 3.79%
period
7

[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
[Abstract]
[LineItems]
Mr. Ganesh
Name of promoter Mr. Rohan Mirchandani
Krishnamoorthy
0.12% 1.21%
0.92% 1.04% 5.75% 6.96%
period
0.12% 1.21%
during year
0.12% 1.21%
0.92% 1.04% 5.75% 6.96%
period
8

[Member] [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
[shares]
Total number of shares held at end of period [shares] 3,71,148
3,21,458
[shares]
3,21,458
[Abstract]
[LineItems]
M/s R S M Enterprises Pvt.
Name of promoter Ltd.
Mrs. Dimple U. Thakker

2.78% 0.13%
[shares]
3,21,458

57.53% 60.31% 0.50% 0.36%
period
2.78% 0.13%
during year
[shares]
3,21,458
2.78% 0.13%
[shares]
3,21,458

57.53% 60.31% 0.50% 0.36%
period
9

Promoters [Axis] PromotersMember7
Shareholding at beginning of year
[Member]
01/04/2015
to 31/03/2015
31/03/2016
Total number of shares held at end of period [shares] 2,140 [shares] 2,140
Percentage of total shares held at end of period 0.33% 0.40%
Details of change in promoters’ shareholding [Abstract]
Details of change in promoters’ shareholding [LineItems]
Name of promoter Mrs. Siddhi M. Shah
Increase decrease in shareholding during year [shares] 0
Percentage increase decrease in shareholding during year 0.07%
Details of indebtedness of company [Table] ..(1)

Secured loans excluding deposits
Indebtedness [Axis] Indebtedness [Member]
[Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Details of indebtedness of company [Abstract]
Details of indebtedness of company [LineItems]
Changes in indebtedness [Abstract]
Addition in indebtedness 10,97,185 10,97,185
Reduction in indebtedness 0 0
Total changes in indebtedness 10,97,185 10,97,185
Principal amount at end of financial year 14,06,378 3,27,193 14,06,378 3,27,193
Interest due but not paid at end of financial
0 0 0 0
year
Interest accrued but not due at end of
0 0 0 0
financial year
Total indebtedness at end of financial year 14,06,378 3,27,193 14,06,378 3,27,193
10
Details of shareholding of promoters [Table] ..(1)

Promoters [Axis] Promoters1 Promoters2
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Percentage of change in shares held during year 0.07% 0.13%
Details of shareholding of promoters [Abstract]
Details of shareholding of promoters [LineItems]
Shareholder’s name Mrs. Siddhi M.Shah Mrs. Dimple U. Thakker
Percentage of shares pledged/encumbered
0.00% 0.00% 0.00% 0.00%
to total shares at end of period
0.33% 0.40% 0.50% 0.36%
period
0.33% 0.40% 0.50% 0.36%
period

01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Shareholder’s name Mr. Uday Thakker Mr. Rohan Mirchandani
0.00% 0.00% 0.00% 0.00%
1.89% 2.15% 0.92% 1.04%
period
1.89% 2.15% 0.92% 1.04%
period
11

01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Mr. Ganesh
Shareholder’s name Mr. Milap Shah
Krishnamoorthy
0.00% 0.00% 0.00% 0.00%
3.13% 3.79% 5.75% 6.96%
period
3.13% 3.79% 5.75% 6.96%
period

Promoters [Axis] Promoters7
01/04/2015
to 31/03/2015
31/03/2016
[shares]
3,21,458
Percentage of change in shares held during year 2.78%
M/s R S M Enterprises Pvt.
Shareholder’s name Ltd.
[shares]
3,21,458
Percentage of shares pledged/encumbered to total shares at end of period 0.00% 0.00%
Percentage of change in shares held during year 2.78%
[shares]
3,21,458
[shares]
3,21,458
[shares]
3,21,458
12
Details of shareholding pattern [Table] ..(1)

Shareholding pattern [Axis] Shareholders [Member] Promoters [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Details of shareholding pattern [Abstract]
Details of shareholding pattern [LineItems]
Number of physical shares held end of period [shares] 6,45,130 [shares] 5,33,000 [shares] 6,45,130 [shares] 5,33,000
Total number of shares held at end of period [shares] 6,45,130 [shares] 5,33,000 [shares] 6,45,130 [shares] 5,33,000
100.00% 100.00% 100.00% 100.00%
period
100.00% 100.00% 100.00% 100.00%
period

Shareholding pattern [Axis] Indian [Member] Individual/HUF [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Number of physical shares held end of period [shares] 6,20,336 [shares] 5,09,559 [shares] 1,96,294 [shares] 1,57,137
96.16% 95.60% 30.43% 29.48%
period
96.16% 95.60% 30.43% 29.48%
period
13

Shareholding pattern [Axis] Corporate bodies [Member] Other [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Number of physical shares held end of period [shares] 4,10,433 [shares] 3,52,422 [shares] 13,609 [shares] 0
Total number of shares held at end of period [shares] 4,10,433 [shares] 3,52,422 [shares] 13,609 [shares] 0
63.62% 66.12% 2.11% 0.00%
period
63.62% 66.12% 2.11% 0.00%
period

Shareholding pattern [Axis] Foreign [Member] NRI individual [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Number of physical shares held end of period [shares] 24,794 [shares] 23,441 [shares] 24,794 [shares] 23,441
3.84% 4.40% 3.84% 4.40%
period
3.84% 4.40% 3.84% 4.40%
period
14
Details of shareholding pattern of directors and key managerial personnel [Table] ..(1)
Directors and key managerial personnel [Axis] DirectorsAndKeyManagerialPersonnelMember1 DirectorsAndKeyManagerialPersonnelMember2
Change in shareholding [Axis] Shareholding at beginning of year [Member] Shareholding at beginning of year [Member]
01/04/2015 01/04/2015
to 31/03/2015 to 31/03/2015
31/03/2016 31/03/2016
Increase decrease in shareholding during year
[shares] 740 [shares] 0

0.26% 1.21%
1.89% 2.15% 5.75% 6.96%
period
0.26% 1.21%
during year
Details of shareholding pattern of directors
and key managerial personnel [Abstract]
Details of shareholding pattern of
directors and key managerial personnel
[LineItems]
Name of directors and key managerial
Mr. Uday Thakker Mr. Ganesh Krishnamoorthy
personnel
Increase decrease in shareholding during year

0.26% 1.21%
1.89% 2.15% 5.75% 6.96%
period
Details of shareholding pattern of directors and key managerial personnel [Table] ..(2)
Directors and key managerial personnel [Axis] DirectorsAndKeyManagerialPersonnelMember3
Change in shareholding [Axis] Shareholding at beginning of year [Member]
01/04/2015
to 31/03/2015
31/03/2016
Details of shareholding pattern of directors and key managerial personnel [Abstract]
Details of shareholding pattern of directors and key managerial personnel
[LineItems]
Name of directors and key managerial personnel Mr. Rohan Mirchandani
15

01/04/2015
to
31/03/2016
Textual information (1)
Disclosure in board of directors report explanatory [TextBlock] [See below]
Description of state of companies affair [See below]
Disclosure relating to amounts if any which is proposed to carry to any
NA
reserves
Your Directors do not
Disclosures relating to amount recommended to be paid as dividend recommend any payment of
Dividend.
The Activities of the
Details regarding energy conservation Company do not involve any
consumption of energy.
The activities of the
Company do not involve any
technology absorption
Details regarding technology absorption and expenditure on
research and
development.
Details regarding foreign exchange earnings and outgo 1,42,06,844
Disclosures in director’s responsibility statement [See below]
No Material changes and
commitments affecting
the financial position
of the company occurred
Details of material changes and commitment occurred during period
between the end of the
affecting financial position of company financial year to which
this financial statement
relates on the date of this
report.
There were no Loans,
Guarantees or
Investments made by the
company under section 186
Particulars of loans guarantee investment under section 186 [TextBlock] of the Companies Act, 2013
during the year under
review and hence the said
provision is not
applicable.
There was no contract or
arrangements made with
related parties as
Particulars of contracts/arrangements with related parties under section
defined under Section 188
188(1) [TextBlock] of the Companies Act, 2013
during the year under
review.
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
Date of board of directors' meeting in which board's report referred
29/09/2016
to under section 134 was approved
Disclosure of extract of annual return as provided under section 92(3) Textual information (4)
[TextBlock] [See below]
Details of change in promoters shareholding [TextBlock]
Details of shareholding pattern of directors and key managerial
personnel [TextBlock]
Disclosure of statement on declaration given by independent directors
N.A.
under section 149(6) [TextBlock]
Disclosure for companies covered under section 178(1) on
directors appointment and remuneration including other matters N.A.
provided under section 178(3) [TextBlock]
Disclosure of statement on development and implementation of risk Textual information (5)
management policy [TextBlock] [See below]
Details on policy development and implementation by company on
corporate social responsibility initiatives taken during year na
[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] N.A.
16
During the year, the

Details of directors or key managerial personnels who were company did not appoint
appointed or have resigned during year [TextBlock] any new Director/ Key
managerial Personnel.
The Company does not have
any Subsidiary, Joint
Disclosure of companies which have become or ceased to be its venture/Associate
subsidiaries, joint ventures or associate companies during Company, however the
year [TextBlock] Company is a subsidiary
of M/s RSM Enterprises
Private Limited.
Details relating to deposits covered under chapter v of companies act
na
[TextBlock]
Details of deposits which are not in compliance with requirements
na
of chapter v of act [TextBlock]
There were no significant
and material orders
Details of significant and material orders passed by passed by the regulators
or courts or Tribunals
regulators or courts or tribunals impacting going concern impacting the going
status and company’s operations in future [TextBlock] concern status and
company’s operations in
future.
Details regarding adequacy of internal financial controls with Textual information (7)
reference to financial statements [TextBlock] [See below]
Disclosure of appointment and remuneration of managerial personnels
N.A.
[TextBlock]
Number of meetings of board [Qty] 16
17
Disclosure in board of directors report explanatory [Text Block]

M/S. DRUMS FOOD INTERNATIONAL PRIVATE LIMITED
CIN: U15122MH2007PTC175738
Regd.Office: Shed No. 2, Plot No. 9, Lbs Marg behind samruddh CNG Pump, Kurla – west, Mumbai 400070
Email ID: - uday@drumsfood.com
DIRECTOR’S REPORT
To,
The Shareholders of
M/s. Drums Food International Private Limited,
Mumbai.
Your Directors are pleased to present the Annual Report of the Company along with the Audited Statement of Accounts for the financial year
ended on 31st March, 2016.
YEAR UNDER REVIEW:
` `
Particulars
31st March 2016 31st March 2015
Revenue From Operation 125,262,864 50,539,692
Other Income 587,815 2,514,377
Total Revenue 125,850,679 53,054,068
Cost of materials consumed 95,730,523 37,236,222
Changes in inventories of finished goods work-in-progress and Stock-in-Trade (8,016,834) (5,467,806)
Employee benefits expense 48,402,060 29,192,088
Finance costs 858,022 145,976
Depreciation and amortisation 14,597,272 16,295,816
Other expenses 69,721,265 31,760,527
Total Expense 221,292,309 109,162,823
Loss For the year before Tax and Exceptional / (95,441,629) (56,108,755)
Extra Ordinery Item
Exceptional Items - 4,444
Loss For the year before Tax (95,441,629) (56,113,199)
Provision for Taxation
Current Tax -
Deferred Tax (29,054,629) (21,439,175)
Loss After Tax (66,387,000) (34,674,024)
Loss brought forward from Previous Year (115,606,910) (80,932,886)
Available Reserves for Appropriation (181,993,910) (115,606,910)
Transfer to General reserves - -
Loss Carried to Balance Sheet (181,993,910) (115,606,910)
REVIEW OF BUSINESS OPERATIONS AND FUTURE PROSPECTS:
During the year under review, operations of the company have resulted in a net loss before tax of Rs. 9,54,41,629/- as against a net loss before tax
of Rs. 5,61,08,755/ from the previous year.
During the year under review, the Company expanded its product lines and distribution. In addition to growing the Hokey Pokey FMCG products,
the Company invested in and launched a new and exciting brand, named Epigamia, with focus on Greek yogurt. Greek yogurt is a global and
international phenomenon which the Company is proud to be the first to introduce in India.
18
Distribution expansion was successful as the Company expanded to Chennai and Hyderabad, in addition to growing its presence in Mumbai,
Delhi/NCR, and Bangalore. In the coming year, the Company looks forward to increased distribution across the country, and further expansion of
its Epigamia Greek yogurt product line.
The Management of the Company is exploring additional marketing expenditures and hiring key new management in the coming year ahead. The
key goal is to focus on rapid growth and expansion.
DIVIDEND
Your Directors do not recommend any payment of Dividend.
TRANSFER OF UNCLAIMED DIVIDEND TO INVESTOR EDUCATION AND PROTECTION FUND:
The Provision of Section 125 (2) of the companies Act, 2013 do not apply as there was no un-claimed dividend by the shareholders from the
company.
MATERIAL CHANGE AND COMMITMENT IF ANY, AFFECTING THE FINANCIAL POSITION OF THE COMPANY OCCURRED
BETWEEN THE END OF THE FINANCIAL YEAR TO WHICH THIS FINANCIAL STATEMENTS RELATES AND THE DATE OF THE
REPORT
No Material changes and commitments affecting the financial position of the company occurred between the end of the financial year to which
this financial statement relates on the date of this report.
DIRECTORS/KEY MANAGERIAL PERSONNEL
During the year, the company did not appoint any new Director/ Key managerial Personnel.
BOARD MEETINGS
The Board has been meeting at regular intervals to discuss and decide on Company / Business policy and strategy apart from other Board
business. However, in the case of any special and urgent business needs, the Board’s approval is taken by passing a resolution by circulation, as
permitted by law, which is routinely confirmed at the next Board meeting.
The notice of a Board meeting is given well in advance to all the Directors. Usually, meetings of the Board are held in Mumbai. The Agenda is
circulated a week prior to the date of meeting. The Agenda for the Board meetings include detailed notes on the items to be discussed at the
meeting to enable the Directors to take an informed decision.
During the financial year ended 31st March, 2016, 16 (Sixteen) Board meetings were held on 01.04.2015, 15.04.2015,18.04.2015, 10.06.2015,
17.07.2015, 18.08.2015, 05.09.2015, 21.09.2015, 24.09.2015, 14.10.2015, 18.11.2015, 30.12.2015, 15.01.2016, 06.02.2016, 11.03.2016 and
30.03.2016. The Interval between any two meetings was well within the maximum allowed gap of 120 days.
RELATED PARTY TRANSACTIONS
There was no contract or arrangements made with related parties as defined under Section 188 of the Companies Act, 2013 during the year under
review.
DIRECTORS RESPONSIBILITY STATEMENT:
Pursuant to Sub-Section 5 of section 134 of the Companies Act, 2013, the Board of Directors of the Company hereby confirms that:
(a) The Financial Statements are prepared in conformity with the Accounting Standards issued by the Institutes of Chartered Accountants of India
and the requirements of Companies Act, 2013 to the extent applicable to the Company. In case of any material departure from the applicable
accounting standards, proper explanation has been provided.
(b) 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 on 31.03.2016 and of the loss of the Company for the year
ending on the said date.
(c) The Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of
this Act for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities.
(d) The Directors have prepared the annual accounts on a going concern and on an accrual basis.
(e) The Directors have devised proper systems to ensure compliance with the provisions of all applicable laws and have ensured that such systems
are adequate and operating effectively.
PARTICULARS OF EMPLOYEES:
None of the employees are covered under Rule 5 (3)(viii) of the companies (Appointment and remuneration of Managerial Personnel) Rules, 2014
of Section 197 of the Companies Act, 2013.
19
PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS MADE UNDER SECTION 186 OF THE COMPANIES ACT, 2013:
There were no Loans, Guarantees or Investments made by the company under section 186 of the Companies Act, 2013 during the year under
review and hence the said provision is not applicable.
EXTRACTS OF ANNUAL RETURN
Pursuant to sub-section 3(a) of Section 134 and sub-section (3) of Section 92 of the Companies Act 2013, read with Rule 12 of the Companies
(Management and Administration) Rules 2014, the extracts of the Annual Return as at March 31, 2016 forms part of this report as Annexure –A
to this report.
SHARE CAPITAL:
During the year the company has increased its authorized share capital from Rs.6,00,00,000/- to Rs 6,50,00,000/-.
During the year the paid up share capital of the company increased from Rs 5,33,00,000/- to Rs 6,45,13,000/-.
SUBSIDIARIES, JOINT VENTURES AND ASSOCIATES COMPANIES
The Company does not have any Subsidiary, Joint venture/Associate Company, however the Company is a subsidiary of M/s RSM Enterprises
Private Limited.
EMPLOYEE STOCK OPTION SCHEME
The Company believes that equity based compensation schemes are an effective tool for rewarding employees to create ownership, to attract new
talent, to retain key resources in the organization and for the benefit of the present and future employees of the company. In view of the above,
your Company has instituted the ‘Employee Stock Option Scheme 2015 – Plan 1’ for its eligible employees. The details of ESOP as under:
Type of Option Quantum of Options

Class 1 Options 4,159 Options
Class 3 Options Such number of Options exercisable into 0.60% of the post-issue paid-up equity shares [including potential number of equity
shares arising out of any other options vested but not exercised vide any ESOP scheme of the Company] of the Company outstanding at such date
when the equity post-money valuation of the Company is established at Rs. 200 crore or higher
The options granted under the above scheme shall vest upon successful completion of defined milestones which can thereafter be exercised
resulting in allotment/issue of equity shares of the company.
Out of the above Scheme the Company has during the financial year, granted All of the Above Equity Shares to the eligible employee.
RISK MANAGEMENT POLICY
According to the Directors of your company, elements of Risk that threaten the existence of your company are very minimal. Hence, no separate
risk management policy is formulated.
There were no significant and material orders passed by the regulators or courts or Tribunals impacting the going concern status and company’s
operations in future.
INTERNAL FINANCIAL CONTROL SYSTEMS AND THEIR ADEQUACY:
Your Company has laid down a set of standards, processes, and structure which enable implementation of internal financial controls across the
organization and ensure that the same are adequate and operating effectively.
AUDITORS:
M/S. B. B. Shah & Company Chartered Accountants, Mumbai were appointed as statutory auditors at the AGM held on 30.09.2014 to hold office
till the conclusion of the AGM to be held in the year 2017-18, subject to ratification of their appointment at every AGM. In terms of Section 139
of the Companies Act, 2013, appointment of M/S. B. B. Shah & Company Chartered Accountants, Mumbai as Auditors of the company is
recommended for ratification at ensuing AGM.
The Report given by the Auditors on the financial statements of the company is a part of the Annual Reports.
STATUTORY DISCLOSURES:
20
(1) CONSERVATION OF ENERGY, TECHNOLOGY, ABSORPTION AND FOREIGN EXCHANGE EARNING AND OUTGO:
The disclosures to be made under sub-section (3) (m) of Section 134 of the Companies Act 2013 read with Rule (8) (3) of the Companies
(Accounts) Rules, 2014 by your Bank are explained as under:
a. Conservation of Energy:
The Activities of the Company do not involve any consumption of energy.
b. Technology Absorption, Expenditure on Research & Development:
The activities of the Company do not involve any technology absorption and expenditure on research and development.
c. Foreign Exchange earnings and Outgo:
Foreign Earnings:
Particulars F.Y. 2015-16 F.Y. 2014-15
Export NIL NIL
Foreign Outgo:
Particulars F.Y. 2015-16 F.Y. 2014-15
Imports 1,42,06,844/- 35,95,030/-
PREVENTION OF SEXUAL HARASSMENT
As per the requirement of the Sexual Harassment of women at workplace (prevention, prohibition & Redressal) Act, 2013 (‘Act’) and Rules made
there under, your company has constituted an Internal Complaints Committee (ICC). During the Financial year 2015-16, no complaint with
allegations of sexual harassment were filled with the company.
SAFETY, HEALTH, ENVIRONMENT AND QUALITY
The Company is committed to excellence in safety, health, environment and quality management. It accords the highest priority to the health and
safety of its employees, customers and other stakeholders as well as to the protection of the environment. The management of the Company is
strongly focused on continuous improvement in these areas which are fundamental to the sustainable growth of the Company.
ACKNOWLEGMENT:
The directors wish to place their appreciation for the wholehearted and sincere co-operation & support that that company has received from the
Employee’s, Executives & Business Associates.
For and on behalf of the Board
For and on behalf of the board of

M/s. Drums Food International Private Limited
Sd/-
Mr. Rohan Mirchanda
(Chairman &CEO)
DIN: 02490165
Place : Mumbai
Date : 29.09.2016
Description of state of companies affair

During the year under review, operations of the company have resulted in a net loss before tax of Rs. 9,54,41,629/- as against a net loss before tax
of Rs. 5,61,08,755/ from the previous year. During the year under review, the Company expanded its product lines and distribution. In addition to
growing the Hokey Pokey FMCG products, the Company invested in and launched a new and exciting brand, named Epigamia, with focus on
Greek yogurt. Greek yogurt is a global and international phenomenon which the Company is proud to be the first to introduce in India.
Distribution expansion was successful as the Company expanded to Chennai and Hyderabad, in addition to growing its presence in Mumbai,
Delhi/NCR, and Bangalore. In the coming year, the Company looks forward to increased distribution across the country, and further expansion of
its Epigamia Greek yogurt product line. The Management of the Company is exploring additional marketing expenditures and hiring key new
management in the coming year ahead. The key g
21
Disclosures in director’s responsibility statement

Pursuant to Sub-Section 5 of section 134 of the Companies Act, 2013, the Board of Directors of the Company hereby confirms that: (a) The
Financial Statements are prepared in conformity with the Accounting Standards issued by the Institutes of Chartered Accountants of India and the
requirements of Companies Act, 2013 to the extent applicable to the Company. In case of any material departure from the applicable accounting
standards, proper explanation has been provided. (b) 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 on
31.03.2016 and of the loss of the Company for the year ending on the said date. (c) The Directors have taken proper and sufficient care for the
maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of the company and for
preve
22
Disclosure of extract of annual return as provided under section 92(3) [Text Block]
FORM NO. MGT 9
EXTRACT OF ANNUAL RETURN
As on financial year ended on 31.03.2016
Pursuant to Section 92 (3) of the Companies Act, 2013 and rule 12(1) of the Company (Management & Administration) Rules, 2014.
I. REGISTRATION & OTHER DETAILS:
CIN-------------------------------------------------------------------------U15122MH2007PTC175738
Registration Date-----------------------------------------------------------06.11.2007
Name of the Company---------------------------------------------------------DRUMS FOOD INTERNATIONAL PRIVATE LIMITED
Category / Sub-Category of the Company--------------------------------------Private Company Limited By Shahres
Address of the Registered office and contact details------------------------SHED NO. 2, PLOT NO. 9, LBS MARG, BEHIND SAMRUDDH CNG
PUMP, KURLA -
WEST, MUMBAI-400070, Email ID : uday@drumsfood.com
Whether listed company------------------------------------------------------NO.
Name, Address & contact details of the Registrar & Transfer Agent, if any.--N.A.
II. PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY

(All the business activities contributing 10 % or more of the
total turnover of the company shall be stated)
Name and Description of main products / services ----------- NIC Code of the ---------------- % to total turnover of the
Product/ service Company
Manufacture of ice-cream, kulfi etc. -------------------------------- 10505 -------------------------------- 100%
III. PARTICULARS OF HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES
SN -----Name and address of the Company -----------CIN/GLN Holding/ Subsidiary/ Associate --------% of shares held ----Applicable Section
1 RSM Enterprises Private Limited ----------U51909MH2005PTC157034 ---------Holding ----------- 57.53% --------------------------2(87)
IV. SHARE HOLDING PATTERN

(Equity share capital breakup as percentage of total equity)
(i) Category-wise Share Holding
Category-wise Share
i)
Holding
No. of Shares
No. of Shares held
Category of held at the %
at the beginning of
Shareholders beginning of the Change
the year
year
(as on March 31,
(as on April 1, 2015 during
2016 i.e. on the
i.e. on the basis of the
basis of
SHP of SHP of
March 31, March year
2015) 31, 2016)
% of % of
Demat Physical Total Demat Physical Total
Toal Toal
Shares Shares
Promoters/Promoters
A
Group
(1) Indian
a) Individual / HUF - 157,137 157,137 29.48 - 196,294 196,294 30.43 24.92%
23
b) Central Govt. - - - - - - - - 0.00%

c) State Govt.(s) - - - - - - - - 0.00%
d) Bodies Corp. - 352,422 352,422 66 - 410,433 410,433 63.62 16.46%
e) Banks / FI - - - - - - - - 0.00%
f) Any Other… - - - - - 13,609 13,609 2.11 0.00%
Sub-total (A)(1): - 509,559 509,559 95.60 - 620,336 620,336 96.16 21.74%
(2) Foreign
a) NRIs – Individuals - 23,441 23,441 4.40 - 24,794 24,794 3.84 5.77%
b) Other – Individuals - - - - - - - - 0.00%
c) Bodies Corp. - - - - - - - - 0.00%
d) Banks / FI - - - - - - - - 0.00%
e) Any Other... - - - - - - - - 0.00%
Sub-total (A)(2): - 23,441 23,441 4.40 - 24,794 24,794 3.84 5.77%
Total shareholding of
Promoter/Promoters
Group (A)
=(A)(1)+(A)(2) - 533,000 533,000 100.00 - 645,130 645,130 100.00 21.04%
B. Public
Shareholding
Shares held by
C. Custodian for GDRs & - - - - - - - - -
ADRs
Grand Total (A+B+C) - 533,000 533,000 100.00 - 645,130 645,130 100.00 0.21
(ii) Shareholding of Promoter
Shareholder’s Shareholding at the Shareholding at the

Sr.
Name beginning of the year beginning of
(as on April 1, 2015 i.e. on the year(as on March
No.
the basis of SHP of 31, 2016 i.e. on the
basis of SHP of March
March 31, 2015)
31, 2016)
change
No. of % of %of Shares No. of % of %of Shares
in
total total share
Shares Pledged / Shares Pledged /
Shares Shares holding
of the of the during
encumbered to encumbered to
Company Company the
total shares total shares year
1 Mr. Uday Thakker 11,465 2.15% - 12,205 1.89% - 0.26%
2 Mr. Milap Shah 20,216 3.79% - 20,216 3.13% - 0.66%
Mr. Rohan
3 5,568 1.04% - 5,937 0.92% - 0.12%
Mirchandani
Mr. Ganesh
4 37,115 6.96% - 37,115 5.75% - 1.21%
Krishnamoorthy
M/s. RSM
5 321,458 60.31% - 371,148 57.53% - 2.78%
Enterprises Pvt. Ltd.
Mr. Dimple U.
6 1,933 0.36% - 3,200 0.50% - -0.13%
Thakker
7 Mr. Siddhi M. Shah 2,140 0.40% - 2,140 0.33% - 0.07%
TOTAL 399,895 75.03% 0.00% 451,961 70.06% 0.00% 4.97%
24
25
(iii) Change in Promoters’ Shareholding (please specify, if there is no change)
Shareholding at the Cumulative

Sr. Shareholder’s Name
beginning Shareholding
of the year(as on April
No. during the year
1,
2015 i.e. on the basis (01-04-2015 to
of SHP of 31-03-2016)
March 31, 2015)
Date Reason No. of % of No. of % of
total total
Shares Shares
Shares Shares
of the of the
Company Company
At the beginning of the year 399,895 75.03 399,895 61.99
18.08.2015 Allot 22,094 4.15 421,989 65.41
Date wise Increase / Decrease
18.11.2015 Allot 4,890 0.92 426,879 66.17
in
Promoters Share holding during
30.03.2016 Allot 25,082 4.71 451,961 70.06
the year
specifying the reasons for
increase /
decrease (e.g. allotment /
transfer /
bonus/sweat equity etc)
TOTAL 451,961 70.06 1,700,724 -
(iv) Shareholding Pattern of top ten Shareholders

(Other than Directors, Promoters and Holders of GDRs and ADRs):
(iv) Shareholding Pattern of top ten

Shareholders (other than Directors, NA
Promoters and Holders of GDRs and ADRs):
Change in Shareholding
Sr. Shareholder’s Name Shareholding at the
Shareholding at the
(No. of end of the
No. beginning of the year
Shares) year
No. of No. of % of total
% of total shares Increase Decrease
shares shares Share
of the
of the Company
Company
Name:Mr. Shripad
1 28568 5.36
Nadkarni
4,526 0.85 33,094 5.13
1,484 0.28 34,578 5.36
2 Name:Mr. Manu Chandra 27500 5.16
4,787 5.16 32,287 5
4,447 0.83 36,734 5.69
2372 - 39106 6.06
Name:M/s. Salarpuria
3 16310 3.06
Investments Pvt. Ltd.
2171 0.41 18481 2.86
4348 0.82 22829 3.54
Name:Blue Lagoon
4 11430 2.14
Vanijya Pvt. Ltd.
26
756 0.14 12186 1.89

546 0.1 12732 1.97
Name:Mrs. Anuradha
5 6289 1.18 - - 6289 0.97
Thadani
Name:Mrs. Savita
6 6289 1.18 - - 6289 0.97
Wadhwani
Name:Mr. Peter Raj
7 5586 1.05 - - 5586 0.87
Singh
8 Name:Ms. Roslind Rock 5295 0.99
350 0.07
253 0.05
381 0.07 6279 0.97
Name:Mr. Kanwaljit
9 Singh (Trustee of 5690 1.07
Fireside Ventures Trust)
1330 0.25
4415 0.83
2174 0 13609 2.11
Name: Mr. Vishwarupe
10 - -
Narain
9500 1.78
426 0.08
641 0 10576 1.64
(v) Shareholding of Directors and Key Managerial Personnel:
Name of Director and Shareholding at Change in Shareholding at

Sr.
KMP the Shareholding the
beginning of the
No. (No. of Shares) end of the year
year
No. of % of total
% of total shares Increase Decrease No. of shares
shares Share
of the
of the Company
Company
Director
1 Mr. Uday Thakker 11465 2.15% 740 0.14 12,205 1.89
Mr. Ganesh
2 37,115 6.96% - - 37,115 5.75%
Krishnamoorthy
3 Mr. Rohan Mirchandani 5,568 1.04% 369 0.07 5,937 0.92%
KMPs NIL NIL NIL NIL NIL NIL
V. INDEBTEDNESS
Indebtedness of the Company including interest outstanding/accrued but not due for payment.
(Amt. Rs./Lacs)
Secured Loans excluding Unsecured Total
Particulars Deposits
deposits Loans Indebtedness
Indebtedness at the beginning of the financial year
i) Principal Amount 327193 327193
ii) Interest due but not paid 0 0
iii) Interest accrued but not due 0 0
Total (i+ii+iii) 327193 0 0 327193
Change i (Amt. Rs./Lacs)n Indebtedness during the
financial year
27
* Addition 1079185 1079185

* Reduction 0
Net Change 1079185 0 0 1079185
Indebtedness at the end of the financial year
i) Principal Amount 1406378 1406378
ii) Interest due but not paid 0
iii) Interest accrued but not due 0
Total (i+ii+iii) 1406378 0 0 1406378
VI. REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL
A. Remuneration to Managing Director, Whole-time Directors and/or Manager:
Total
SN. Particulars of Remuneration Name of MD/WTD/ Manager
Amount
GANESH
Name (Rs/Lac)
KRISHNAMOORTHY
Designation Whole-time director
1 Gross salary
(a) Salary as per provisions contained in section 17(1) of the Income-tax Act,
3302160 3302160
1961
(b) Value of perquisites u/s 17(2) Income-tax Act, 1961 0 0
(c) Profits in lieu of salary under section 17(3) Income- tax Act, 1961 0 0
2 Stock Option 0 0
3 Sweat Equity 0 0
4 Commission 0 0
- as % of profit 0 0
- others, specify 0 0
5 Others, please specify 0 0
Total (A) 3302160 3302160
Ceiling as per the Act
B. Remuneration to other directors:
SN. Particulars of Remuneration Name of Directors Total Amount

Uday Thakker (Rs/Lac)
1 Independent Directors
Fee for attending board committee meetings 0
Commission 0
Others, please specify - Salary 960000 960000
Total (1) 960000 960000
2 Other Non-Executive Directors 0
Fee for attending board committee meetings 0
Commission 0
Others, please specify 0
Total (2) 0 0
Total (B)=(1+2) 960000 960000
Total Managerial Remuneration 4262160
Overall Ceiling as per the Act
28
C. Remuneration to Key Managerial Personnel other than MD/MANAGER/WTD---------NIL
VII. PENALTIES / PUNISHMENT/ COMPOUNDING OF OFFENCES:-------------------------------NIL
Disclosure of statement on development and implementation of risk management policy [Text Block]
According to the Directors of your company, elements of Risk that threaten the existence of your company are very minimal. Hence, no separate
risk management policy is formulated.
There were no significant and material orders passed by the regulators or courts or Tribunals impacting the going concern status and company’s
operations in future.
Disclosure of financial summary or highlights [Text Block]

` `
Particulars
31st March 2016 31st March 2015
Revenue From Operation 125,262,864 50,539,692
Other Income 587,815 2,514,377
Total Revenue 125,850,679 53,054,068
Cost of materials consumed 95,730,523 37,236,222
Changes in inventories of finished goods work-in-progress and Stock-in-Trade (8,016,834) (5,467,806)
Employee benefits expense 48,402,060 29,192,088
Finance costs 858,022 145,976
Depreciation and amortisation 14,597,272 16,295,816
Other expenses 69,721,265 31,760,527
Total Expense 221,292,309 109,162,823
Loss For the year before Tax and Exceptional / (95,441,629) (56,108,755)
Extra Ordinery Item
Exceptional Items - 4,444
Loss For the year before Tax (95,441,629) (56,113,199)
Provision for Taxation
Current Tax -
Deferred Tax (29,054,629) (21,439,175)
Loss After Tax (66,387,000) (34,674,024)
Loss brought forward from Previous Year (115,606,910) (80,932,886)
Available Reserves for Appropriation (181,993,910) (115,606,910)
Transfer to General reserves - -
Loss Carried to Balance Sheet (181,993,910) (115,606,910)
Details regarding adequacy of internal financial controls with reference to financial statements [Text Block]
Your Company has laid down a set of standards, processes, and structure which enable implementation of internal financial controls across the
organization and ensure that the same are adequate and operating effectively.
29
[400200] Disclosures - Auditors report
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Table] ..(1)
Auditor's
Auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Axis] favourable remark
[Member]
01/04/2015
to
31/03/2016
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 (8) [See below]
Textual information
Disclosure relating to quantitative details of fixed assets (9) [See below]
Textual information
Disclosure relating to physical verification and material discrepancies of fixed assets (10) [See below]
Textual information
Disclosure in auditors report relating to inventories (11) [See below]
Textual information
Disclosure in auditors report relating to loans (12) [See below]
Textual information
Disclosure about loans granted to parties covered under section 189 of companies act (13) [See below]
Textual information
Disclosure regarding receipt of loans granted (14) [See below]
Textual information
Disclosure regarding terms of recovery of loans granted (15) [See below]
Textual information
Disclosure in auditors report relating to compliance with Section 185 and 186 of Companies Act, 2013 (16) [See below]
Textual information
Disclosure in auditors report relating to deposits accepted (17) [See below]
According to the
information and
explanations given
to us, the
maintenance of cost
Disclosure in auditors report relating to maintenance of cost records records has not been
prescribed by the
Central Government
under section 148
(1) of the Companies
Act, 2013.
Textual information
Disclosure in auditors report relating to statutory dues [TextBlock] (18) [See below]
According to the
information and
explanations given
to us, during the year
the Company has not
Disclosure in auditors report relating to default in repayment of financial dues defaulted in
repayment of loans
or borrowings from
financial institution
and bank.
Disclosure in auditors report relating to public offer and term loans used for purpose for which Textual information
those were raised (19) [See below]
Disclosure in auditors report relating to fraud by the company or on the company by its officers Textual information
or its employees reported during period (20) [See below]
According to the
information and
explanations to us,
clause regarding
managerial
remuneration
Disclosure in auditors report relating to managerial remuneration pursuant to section
197 read with
schedule V of the
Companies Act 2013
is not applicable to
the Company.
30
The company is not

a NIDHI company;
accordingly clause
Disclosure in auditors report relating to Nidhi Company (xii) of the Order is
not applicable to
company.
Textual information
Disclosure in auditors report relating to transactions with related parties (21) [See below]
Disclosure in auditors report relating to preferential allotment or private placement of shares or Textual information
convertible debentures (22) [See below]
Disclosure in auditors report relating to non-cash transactions with directors or persons connected Textual information
with him (23) [See below]
The Company is not
required to be
Disclosure in auditors report relating to registration under section 45-IA of Reserve Bank of India registered under
Act, 1934 section 45-IA of
Reserve bank of
India Act, 1934.
Details regarding auditors [Table] ..(1)

Auditors [Axis] Auditors1
01/04/2015
to
31/03/2016
Details regarding auditors [Abstract]
Details regarding auditors [LineItems]
Category of auditor Auditors firm
B B Shah &
Name of audit firm Company
Bipin Babubhai
Name of auditor signing report Shah
Firms registration number of audit firm 129121W
Membership number of auditor 016862
Rajguru Apartments,
Gr. Floor, Baburao
Address of auditors Parulekar Road,
Dadar (West),
Mumbai - 400 028
Permanent account number of auditor or auditor's firm AAIFB7481L
SRN of form ADT-1 S37352002
Date of signing audit report by auditors 29/09/2016
Date of signing of balance sheet by auditors 29/09/2016

01/04/2015
to
31/03/2016
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

(a) According to the information and explanations given to us and in our opinion, the Company has maintained proper records to show full
particulars including quantitative details and situation of its fixed assets. (b) According to information and explanations given to us, the fixed
assets have been physically verified by the management during the year at reasonable intervals. As explained to us, no material discrepancies
were noticed as compared to the book records, on such physical verification. (c) According to information and explanation given to us, the
company does not hold any immovable property accordingly clause (i) (c) of the order is not applicable to the Company.
31
Disclosure relating to quantitative details of fixed assets

Disclosure relating to physical verification and material discrepancies of fixed assets

Disclosure in auditors report relating to inventories

According to the information and explanations given to us, inventory of the Company has been physically verified during the year by the
management at reasonable intervals. According to the information and explanations given to us, prima facie there was no material discrepancies
were noticed on physical verification of inventory as compared to the book records.
Disclosure in auditors report relating to loans

In our opinion, as per the Information and explanation given to us, the company has not granted any loan to companies, firms, Limited Liability
Partnerships or other parties covered in the register maintained under section 189 of the Act., accordingly clause (iii) of the order is not applicable
to the Company.
Disclosure about loans granted to parties covered under section 189 of companies act
to the Company.
Disclosure regarding receipt of loans granted

to the Company.
Disclosure regarding terms of recovery of loans granted

to the Company.
32
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 explanations given to us, the company during the year has not given any Loans, guarantee or
security as per the provision of section 185 and section 186 of the Companies Act, 2013. Accordingly clause (iv) of the order is not applicable to
the company.
Disclosure in auditors report relating to deposits accepted

According to the information and explanations given to us, the Company has not accepted any deposits in contravention of Directives issued by
Reserve Bank of India and the provisions of section 73 to 76 or any other relevant provisions of the Act and the rules framed there under were not
applicable to the company and in this regards no order has been passed by the Company Law Board or National Company Law Tribunal or
Reserve Bank of India or any court or any other tribunal.
Disclosure in auditors report relating to statutory dues [Text Block]

vii. (a) According to the information and explanations given to us and according to the books and records as produced and examined by us, in our
opinion, the Company has been regular in depositing undisputed statutory dues including Provident Fund, Employee’s State Insurance, Income
Tax, Sales Tax, Service Tax, Excise Duty and other material statutory dues as applicable, with appropriate authorities during the year.
According to the information and explanations given to us there were, no undisputed amounts payable in respect of the aforesaid dues were
outstanding as at 31st March, 2016 for a period of more than six months from the date of they becoming payable.
Disclosure in auditors report relating to public offer and term loans used for purpose for which those were raised
According to information and explanation given to us, the company has not raised moneys by way of initial public offer or further public offer
(including debt instruments) accordingly clause (ix) of the Order is not applicable to company.
Disclosure in auditors report relating to fraud by the company or on the company by its officers or its employees
reported during period
According to the information and explanations given to us, no fraud by the company or any fraud on the company by its officers or employees has
been noticed or reported during the course of our audit that causes the financial statements to be materially misstated.
Disclosure in auditors report relating to transactions with related parties

In our opinion and according to information and explanations given to us, the Company is in compliance with sections 177 and 188 of Companies
Act, 2013, where applicable, for all transactions with related parties and the details of related party transactions have been disclosed in the
financial statement as required by applicable accounting standards.
33
Disclosure in auditors report relating to preferential allotment or private placement of shares or convertible
debentures
The Company has not made any preferential allotment or private placement of shares or fully or partly convertible debentures during the year
under review as prescribed under section 42 of the Companies act 2013. Accordingly, the provisions of Clause 3(xiv) of the Order are not
applicable to the Company.
Disclosure in auditors report relating to non-cash transactions with directors or persons connected with him
In our opinion and according to the information and explanations given to us, during the year the Company has not entered into any non-cash
transactions with its Directors or persons connected with him and accordingly provisions of section 192 of the Companies Act, 2013 are not
applicable to company.
34
Disclosure in auditor’s report explanatory [Text Block]

B. B. SHAH & COMPANY
CHARTERED ACCOUNTANTS
Rajguru Apartments, Gr. Floor, Baburao Parulekar Road, Dadar (West), Mumbai - 400 028
Tel. off.: 2437 6525, 2431 6815 * Fax: 2422 4259
E-mail: bipin@bipinshah.com Web Site: www.bipinshah.com
INDEPENDENT AUDITORS’ REPORT
To,
The Members,
M/S. DRUMS FOOD INTERNATIONAL PRIVATE LIMITED.
Report on the Financial Statements:
We have audited the accompanying financial statements of M/S. DRUMS FOOD INTERNATIONAL PRIVATE LIMITED. (the Company)
which comprise the Balance Sheet as at March 31, 2016, the Statement of Profit and Loss, Cash flow statement for the year then ended, and a
summary of significant accounting policies and other explanatory information.
Management’s Responsibility for financial Statements:
The Company’s Board of Directors is 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 financial position, financial performance and Cash flows of the
Company in accordance with the accounting principles generally accepted in India, including the Accounting Standards specified under Section
133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014. This responsibility also includes 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.
Auditors Responsibility:
Our responsibility is to express an opinion on these financial statements based on our audit. We have taken into account the provisions of the act,
the accounting and auditing standards and matters which are required to be included in the audit report under the provisions of the Act and the
Rules made there under. We conducted our audit in accordance with the Standards on Auditing specified u/s 143(10) of the act. Those Standards
require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial
statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures
selected depend on the 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 and fair
presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of
expressing an opinion on whether the company has in place an adequate internal financial controls system over financial reporting and the
operating effectiveness of such controls. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness
of the accounting estimates made by Company’s Directors, as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the financial
Statements.
Opinion:
In our opinion and to the best of our information and according to the explanations given to us, the financial statements give the information
required by the Act in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in
India:
35
a) in the case of the Balance Sheet, of the state of affairs of the Company as at March 31, 2016;
b) in the case of the Profit and Loss Account, of the Loss for the year ended on that date; and
c) in the case of the Cash flow statement, of the Cash flow for the year ended on that date;
Report on other legal and Regulatory Requirements:
1. As required by the Companies (Auditor’s Report) Order, 2016 (“the Order”) as amended, issued by the Central Government of India in terms
of Section 143 (11) of the Act, we give in the 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
purpose of our audit;
b) In our opinion proper books of account as required by law have been kept by the Company so far as appears from our examination of those
books;
c) The Balance Sheet, Statement of Profit and Loss and Cash flow statement dealt with by this Report are in agreement with the books of account;
d) In our opinion, the aforesaid financial statements comply with the Accounting Standards specified under Section 133 of the Act, read with Rule
7 of the Companies (Accounts) Rules, 2014;
e) On the basis of the written representations received from the directors of the company as on March 31, 2016 and taken on record by the Board
of Directors, none of the director of the company is disqualified as on March 31, 2016, from being appointed as a director in terms of Section 164
(2) of the Act.
f) With respect to the adequacy of the internal financials control over financial reporting of the company and the operating effectiveness of such
controls, refer to our separate report in Annexure “B” which is forming part of this report.
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 does not have any pending litigations which would impact its financial position;
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.
For M/s. B. B. Shah & Company

Chartered Accountants
F. No 129121W
Sd/-
CA. Bipin B. Shah
[Partner]
M No: 016862
Place: Mumbai
Date : 29.09.2016
36
ANNEXURE-A TO THE INDEPENDENT AUDITOR’S REPORT;

OF M/S. DRUMS FOOD INTERNATIONAL PRIVATE LIMITED FOR THE YEAR ENDED 31ST MARCH, 2016.
As required by the Companies (Auditors Report) Order, 2016 issued by the Central Government of India in terms of sub-section (42) of section 2
of the Companies Act, 2013 our comments in respect of matters specified in paragraphs 3 of the said order are as follows:
i. (a) According to the information and explanations given to us and in our opinion, the Company has maintained proper records to show full
particulars including quantitative details and situation of its fixed assets.
(b) According to information and explanations given to us, the fixed assets have been physically verified by the management during the year at
reasonable intervals. As explained to us, no material discrepancies were noticed as compared to the book records, on such physical verification.
(c) According to information and explanation given to us, the company does not hold any immovable property accordingly clause (i) (c) of the
order is not applicable to the Company.
ii. According to the information and explanations given to us, inventory of the Company has been physically verified during the year by the
management at reasonable intervals. According to the information and explanations given to us, prima facie there was no material discrepancies
were noticed on physical verification of inventory as compared to the book records.
iii. In our opinion, as per the Information and explanation given to us, the company has not granted any loan to companies, firms, Limited
Liability Partnerships or other parties covered in the register maintained under section 189 of the Act., accordingly clause (iii) of the order is not
iv. In our opinion and according to the information and explanations given to us, the company during the year has not given any Loans, guarantee
or security as per the provision of section 185 and section 186 of the Companies Act, 2013. Accordingly clause (iv) of the order is not applicable
to the company.
v. According to the information and explanations given to us, the Company has not accepted any deposits in contravention of Directives issued by
Reserve Bank of India and the provisions of section 73 to 76 or any other relevant provisions of the Act and the rules framed there under were not
applicable to the company and in this regards no order has been passed by the Company Law Board or National Company Law Tribunal or
Reserve Bank of India or any court or any other tribunal.
vi. According to the information and explanations given to us, the maintenance of cost records has not been prescribed by the Central Government
under section 148 (1) of the Companies Act, 2013.
vii. (a) According to the information and explanations given to us and according to the books and records as produced and examined by us, in our
opinion, the Company has been regular in depositing undisputed statutory dues including Provident Fund, Employee’s State Insurance, Income
Tax, Sales Tax, Service Tax, Excise Duty and other material statutory dues as applicable, with appropriate authorities during the year.
According to the information and explanations given to us there were, no undisputed amounts payable in respect of the aforesaid dues were
outstanding as at 31st March, 2016 for a period of more than six months from the date of they becoming payable.
(b) According to the information and explanations given to us and the examination of the records of the Company and in our opinion there are no
disputed Provident Fund, Employee’s State Insurance, Income Tax, Sales Tax, Service Tax, Excise Duty dues which have not been deposited on
account of disputed matters pending before the appropriate authorities.
viii. According to the information and explanations given to us, during the year the Company has not defaulted in repayment of loans or
borrowings from financial institution and bank.
37
ix. According to information and explanation given to us, the company has not raised moneys by way of initial public offer or further public offer
(including debt instruments) accordingly clause (ix) of the Order is not applicable to company.
x. According to the information and explanations given to us, no fraud by the company or any fraud on the company by its officers or employees
has been noticed or reported during the course of our audit that causes the financial statements to be materially misstated.
xi. According to the information and explanations to us, clause regarding managerial remuneration pursuant to section 197 read with schedule V
of the Companies Act 2013 is not applicable to the Company.
xii. The company is not a NIDHI company; accordingly clause (xii) of the Order is not applicable to company.
xiii. In our opinion and according to information and explanations given to us, the Company is in compliance with sections 177 and 188 of
Companies Act, 2013, where applicable, for all transactions with related parties and the details of related party transactions have been disclosed in
the financial statement as required by applicable accounting standards.
xiv. The Company has not made any preferential allotment or private placement of shares or fully or partly convertible debentures during the year
under review as prescribed under section 42 of the Companies act 2013. Accordingly, the provisions of Clause 3(xiv) of the Order are not
xv. In our opinion and according to the information and explanations given to us, during the year the Company has not entered into any non-cash
transactions with its Directors or persons connected with him and accordingly provisions of section 192 of the Companies Act, 2013 are not
applicable to company.
xvi. The Company is not required to be registered under section 45-IA of Reserve bank of India Act, 1934.

F. No 129121W
Sd/-
CA. Bipin B. Shah
[Partner]
M No: 016862
Place: Mumbai
Date : 29.09.2016
ANNEXURE-B TO THE INDEPENDENT AUDITOR’S REPORT;

OF M/S. DRUMS FOOD INTERNATIONAL PRIVATE LIMITED FOR THE YEAR ENDED 31ST MARCH, 2016.
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 over financial reporting of ('the Company') as of 31-Mar-2016 in conjunction with our audit of the
standalone 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 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 (‘the Guidance Note’) issued by the Institute of Chartered Accountants of India ( “the 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 Companies Act, 2013.
Auditors’ Responsibility:
Our responsibility is to express an opinion on the Company's internal financial controls over financial reporting 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 Companies Act, 2013, 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 Institute of Chartered
Accountants of India. 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 over financial reporting 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 over financial
reporting and their operating effectiveness. Our audit of internal financial controls over financial reporting included obtaining an understanding of
internal financial controls over financial reporting, 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.
38
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 over financial reporting.
Meaning of Internal Financial Controls over Financial Reporting:
A company's internal financial control over financial reporting 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 over financial reporting 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
authorizations of management and directors of the company; and
(3) Provide reasonable assurance regarding prevention or timely detection of unauthorized 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 over Financial Reporting:
Because of the inherent limitations of internal financial controls over financial reporting, 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 over financial reporting to future periods are subject to the risk that the internal financial control over financial
reporting 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 over financial reporting and such internal
financial controls over financial reporting were operating effectively as at 31-Mar-2016, 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 issued by the ICAI.

F. No 129121W
Sd/-
CA. Bipin B. Shah
[Partner]
M No: 016862
Place: Mumbai
Date : 29.09.2016
[400500] Disclosures - Secretarial audit report

01/04/2015
to
31/03/2016
Disclosure in secretarial audit report explanatory [TextBlock]
Whether secretarial audit report is applicable on company No
39
[100100] Balance sheet

31/03/2016 31/03/2015
Balance sheet [Abstract]
Equity and liabilities [Abstract]
Shareholders' funds [Abstract]
Share capital 6,45,13,000 5,33,00,000
Reserves and surplus 14,54,14,840 9,27,99,690
Total shareholders' funds 20,99,27,840 14,60,99,690
Share application money pending allotment 6,075 0
Non-current liabilities [Abstract]
Long-term borrowings 14,06,378 3,27,193
Other long-term liabilities 0 0
Long-term provisions 0 0
Total non-current liabilities 14,06,378 3,27,193
Current liabilities [Abstract]
Short-term borrowings 25,835 25,835
Trade payables 2,30,73,076 55,12,525
Other current liabilities 1,00,96,147 48,63,083
Short-term provisions 0 0
Total current liabilities 3,31,95,058 1,04,01,443
Total equity and liabilities 24,45,35,351 15,68,28,326
Assets [Abstract]
Non-current assets [Abstract]
Fixed assets [Abstract]
Tangible assets 5,20,31,328 4,30,48,438
Intangible assets 1,64,90,499 2,01,02,253
Total fixed assets 6,85,21,827 6,31,50,691
Non-current investments 44,286 40,935
Deferred tax assets (net) 8,09,87,025 5,19,32,397
Foreign currency monetary item translation difference asset account 0 0
Long-term loans and advances 46,64,352 41,25,186
Other non-current assets 0 0
Total non-current assets 15,42,17,490 11,92,49,209
Current assets [Abstract]
Current investments 0 0
Inventories 1,65,55,975 73,77,996
Trade receivables 4,43,91,687 97,13,295
Cash and bank balances 2,11,75,963 1,66,07,283
Short-term loans and advances 6,83,395 16,86,231
Other current assets 75,10,841 21,94,312
Total current assets 9,03,17,861 3,75,79,117
Total assets 24,45,35,351 15,68,28,326
40
[400300] Disclosures - Signatories of financial statements
Details of directors signing financial statements [Table] ..(1)

Directors signing financial statements [Axis] DirectorssigningFS1 DirectorssigningFS2 DirectorssigningFS3
01/04/2015 01/04/2015 01/04/2015
to to to
31/03/2016 31/03/2016 31/03/2016
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 Uday GANESH Rohan
Middle name of director Pratap Raju
Last name of director Thakker KRISHNAMOORTHY Mirchandani
Other Non Executive
Designation of director Director Whole Time Director
Director
Director identification number of director 01897422 00509259 02490165
Date of signing of financial statements by director 29/09/2016 29/09/2016 29/09/2016

01/04/2015
to
31/03/2016
Name of company secretary Pooja Trivedi
Permanent account number of company secretary AFUPT1287K
Date of signing of financial statements by company secretary 29/09/2016
41
[100400] Cash flow statement, indirect

01/04/2015 01/04/2014
to to 31/03/2014
31/03/2016 31/03/2015
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 -9,54,41,629 -5,61,13,200
Adjustments for reconcile profit (loss) [Abstract]
Adjustments to profit (loss) [Abstract]
Adjustments for depreciation and amortisation expense 1,45,97,272 1,62,95,816
Adjustments for share-based payments 23,65,650 0
Total adjustments to profit (loss) 1,69,62,922 1,62,95,816
Adjustments for working capital [Abstract]
Adjustments for decrease (increase) in inventories -91,77,979 -58,04,755
Adjustments for decrease (increase) in trade receivables -3,46,78,392 -82,17,700
Adjustments for decrease (increase) in other current assets -53,16,529 -13,99,557
Adjustments for increase (decrease) in trade payables 1,75,60,552 23,30,353
Adjustments for increase (decrease) in other current liabilities -1,58,752 40,06,550
Adjustments for provisions 53,91,816 0
Total adjustments for working capital -2,63,79,284 -90,85,109
Total adjustments for reconcile profit (loss) -94,16,362 72,10,707
Net cash flows from (used in) operations -10,48,57,991 -4,89,02,493
Net cash flows from (used in) operating activities before extraordinary
-10,48,57,991 -4,89,02,493
items
Net cash flows from (used in) operating activities -10,48,57,991 -4,89,02,493
Cash flows from used in investing activities [Abstract]
Proceeds from sales of tangible assets 10,50,188 41,778
Purchase of tangible assets 2,10,18,596 2,93,98,954
Other inflows (outflows) of cash 4,60,319 -32,47,174
Net cash flows from (used in) investing activities before extraordinary
-1,95,08,089 -3,26,04,350
items
Net cash flows from (used in) investing activities -1,95,08,089 -3,26,04,350
Cash flows from used in financing activities [Abstract]
Proceeds from issuing shares 12,78,49,500 6,89,10,000
Repayments of borrowings -10,79,185 1,09,025
Other inflows (outflows) of cash 6,075 0
Net cash flows from (used in) financing activities before extraordinary
12,89,34,760 6,88,00,975
items
Net cash flows from (used in) financing activities 12,89,34,760 6,88,00,975
Net increase (decrease) in cash and cash equivalents before effect of
45,68,680 -1,27,05,868
exchange rate changes
Net increase (decrease) in cash and cash equivalents 45,68,680 -1,27,05,868
Cash and cash equivalents cash flow statement at end of period 2,11,75,963 1,66,07,283 2,93,13,150
42
[200100] Notes - Share capital
Disclosure of shareholding more than five per cent in company [Table] ..(1)
Classes of share capital [Axis] Equity shares 1 [Member]
Name of shareholder [Axis] Shareholder 1 [Member] Shareholder 2 [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
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 Share Equity Shares Equity Share Equity Shares
Name of shareholder R S M Enterprises Pvt. Ltd. RSM Enterprises Pvt. Ltd. Manu Chandra Ganesh Krishnamoorthy
CIN of shareholder U51909MH2005PTC157034 U51909MH2005PTC157034
PAN of shareholder AADCR1328J AADCR1328J AFHPC2818N AHCPK8666M
Country of incorporation or residence of
INDIA INDIA INDIA INDIA
shareholder
Number of shares held in company [shares] 3,71,148 [shares] 3,21,458 [shares] 39,106 [shares] 37,115
Percentage of shareholding in company 53.57% 60.31% 6.06% 6.96%
Disclosure of shareholding more than five per cent in company [Table] ..(2)
Name of shareholder [Axis] Shareholder 3 [Member] Shareholder 4 [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
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 Share Equity Shares Equity Share Equity Shares
Ganesh
Name of shareholder Krishnamoorthy
Shripad Nadkarni Shripad Nadkarni Manu Chandra
PAN of shareholder AHCPK8666M AAAPN5042K AAAPN5042K AFHPC2818N

Country of incorporation or residence of
INDIA INDIA INDIA INDIA
shareholder
Number of shares held in company [shares] 37,115 [shares] 34,258 [shares] 34,578 [shares] 27,500
Percentage of shareholding in company 5.75% 6.43% 5.36% 5.16%
43
Disclosure of classes of share capital [Table] ..(1)

Classes of share capital [Axis] Share capital [Member] Equity shares [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [LineItems]
Number of shares authorised [shares] 6,50,000 [shares] 6,00,000 [shares] 6,50,000 [shares] 6,00,000
Value of shares authorised 6,50,00,000 6,00,00,000 6,50,00,000 6,00,00,000
Number of shares issued [shares] 6,45,130 [shares] 5,33,000 [shares] 6,45,130 [shares] 5,33,000
Value of shares issued 6,45,13,000 5,33,00,000 6,45,13,000 5,33,00,000
Number of shares subscribed and fully paid [shares] 6,45,130 [shares] 5,33,000 [shares] 6,45,130 [shares] 5,33,000
Value of shares subscribed and fully paid 6,45,13,000 5,33,00,000 6,45,13,000 5,33,00,000
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] 6,45,130 [shares] 5,33,000 [shares] 6,45,130 [shares] 5,33,000
Total value of shares subscribed 6,45,13,000 5,33,00,000 6,45,13,000 5,33,00,000
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 6,45,130 [shares] 5,33,000 [shares] 6,45,130 [shares] 5,33,000
Value of shares called 6,45,13,000 5,33,00,000 6,45,13,000 5,33,00,000
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 6,45,13,000 5,33,00,000 6,45,13,000 5,33,00,000
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] 1,12,130 [shares] 0 [shares] 1,12,130 [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
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] 0 [shares] 0 [shares] 0
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] 1,12,130 [shares] 0 [shares] 1,12,130 [shares] 0
during period
44
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] 1,12,130 [shares] 0 [shares] 1,12,130 [shares] 0
shares outstanding
Number of shares outstanding at end of period [shares] 0 [shares] 0 [shares] 0 [shares] 0
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 1,12,13,000 67,26,000 1,12,13,000 67,26,000
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
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 0 0 0
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
1,12,13,000 67,26,000 1,12,13,000 67,26,000
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 1,12,13,000 67,26,000 1,12,13,000 67,26,000
Share capital at end of period 6,45,13,000 5,33,00,000 6,45,13,000 5,33,00,000
Rights preferences and restrictions attaching [ As per Member(s) [ As Per Member (s)
[ As per Member(s) ] [ As Per Member (s) ]
to class of share capital ] ]
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] 3,71,148 [shares] 3,21,458 [shares] 3,71,148 [shares] 3,21,458
Shares in company held by ultimate holding
company
Shares in company held by subsidiaries of its
holding company
ultimate holding company
Shares in company held by associates of its
holding company
Total shares in company held by holding company
or ultimate holding company or by its [shares] 3,71,148 [shares] 3,21,458 [shares] 3,71,148 [shares] 3,21,458
subsidiaries or associates
Shares reserved for issue under options
and contracts or commitments for sale of [shares] 0 [shares] 0 [shares] 0 [shares] 0
shares or disinvestment
45
Amount of shares reserved for issue under options

and contracts or commitments for sale of shares or 0 0 0 0
disinvestment
Description of terms of shares reserved for issue
[ As per Member(s) [ As Per Member (s)
under options and contracts or commitments for ]
[ As per Member(s) ]
]
[ As Per Member (s) ]
sale of shares or disinvestment
Aggregate number of fully paid-up shares issued
pursuant to contracts without payment being [shares] 0 [shares] 0 [shares] 0 [shares] 0
received in cash during last five years
Aggregate number of fully paid-up shares
issued by way of bonus shares during last [shares] 0 [shares] 0 [shares] 0 [shares] 0
five years
Aggregate number of shares bought back during
last five years
Original paid-up value of forfeited shares 0 0 0 0
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 0 0 0 0
refund, principal
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
[ As Per Member (s) [ As Per Member (s)
Terms and conditions of shares pending allotment ]
]
Number of shares proposed to be issued [shares] 0 [shares] 0 [shares] 0 [shares] 0
46
Disclosure of classes of share capital [Table] ..(2)

Equity shares
[Member]
01/04/2015 01/04/2014
31/03/2014 to to 31/03/2014
31/03/2016 31/03/2015
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [LineItems]
Type of share Equity Share Equity Share
Number of shares authorised [shares] 6,50,000 [shares] 6,00,000
Value of shares authorised 6,50,00,000 6,00,00,000
Number of shares issued [shares] 6,45,130 [shares] 5,33,000
Value of shares issued 6,45,13,000 5,33,00,000
Number of shares subscribed and fully paid [shares] 6,45,130 [shares] 5,33,000
Value of shares subscribed and fully paid 6,45,13,000 5,33,00,000
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] 6,45,130 [shares] 5,33,000
Total value of shares subscribed 6,45,13,000 5,33,00,000
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 6,45,130 [shares] 5,33,000
Value of shares called 6,45,13,000 5,33,00,000
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
0 0
officers
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 6,45,13,000 5,33,00,000
Par value per share [INR/shares] 100 [INR/shares] 100
Amount per share called in case shares not fully
[INR/shares] 0 [INR/shares] 0
called
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] 1,12,130 [shares] 0
Number of shares issued in private
placement arising out of conversion of
period
Number of shares issued in other private
placement
Number of shares issued as preferential
allotment arising out of conversion of
period
Number of shares issued as other
preferential allotment
Number of shares allotted for
contracts without payment received [shares] 0 [shares] 0
in cash
Number of shares issued under scheme of
amalgamation
Number of other issues of shares [shares] 0 [shares] 0
Number of shares issued under employee
stock option plan
47
Number of other issue of shares

arising out of conversion of [shares] 0 [shares] 0
securities
Total aggregate number of shares issued
[shares] 1,12,130 [shares] 0
during period
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
Total increase (decrease) in number of
[shares] 1,12,130 [shares] 0
shares outstanding
Number of shares outstanding at end of period [shares] 0 [shares] 0 [shares] 0 [shares] 0
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 1,12,13,000 67,26,000
Amount of private placement issue
arising out of conversion of debentures 0 0
Amount of other private placement issue
0 0
during period
Amount of preferential allotment issue
arising out of conversion of debentures 0 0
Amount of other preferential allotment
0 0
issue during period
Amount of issue allotted for
contracts without payment 0 0
received in cash during period
Amount of issue under scheme of
0 0
amalgamation during period
Amount of other issues during period 0 0
Amount of employee stock option plan
0 0
issued during period
Amount of other issue arising out of
conversion of securities during 0 0
period
Total aggregate amount of increase in
1,12,13,000 67,26,000
share capital during period
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
0 0
period
Total increase (decrease) in share capital 1,12,13,000 67,26,000
Share capital at end of period 4,65,74,000 6,45,13,000 5,33,00,000 4,65,74,000
Rights preferences and restrictions attaching
[As per Member (s)] 0
to class of share capital
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] 3,71,148 [shares] 3,21,458
Shares in company held by ultimate holding
company
holding company
holding company
48
Total shares in company held by holding company

or ultimate holding company or by its [shares] 3,71,148 [shares] 3,21,458
subsidiaries or associates
Shares reserved for issue under options
and contracts or commitments for sale of [shares] 0 [shares] 0
shares or disinvestment
Amount of shares reserved for issue under options
and contracts or commitments for sale of shares or 0 0
disinvestment
Description of terms of shares reserved for issue
under options and contracts or commitments for [As per Member(s)] 0
sale of shares or disinvestment
Aggregate number of fully paid-up shares issued
pursuant to contracts without payment being [shares] 0 [shares] 0
received in cash during last five years
Aggregate number of fully paid-up shares
issued by way of bonus shares during last [shares] 0 [shares] 0
five years
Aggregate number of shares bought back during
last five years
Original paid-up value of forfeited shares 0 0
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]
allotment of securities and due for 0 0
refund, principal
allotment of securities and due for 0 0
refund, interest accrued
Total application money received for
allotment of securities and due for refund 0 0
and interest accrued thereon
Terms and conditions of shares pending allotment [As per Member (s)] 0
Number of shares proposed to be issued [shares] 0 [shares] 0

01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
Disclosure of notes on share capital explanatory [TextBlock]
Whether there are any shareholders holding more than five per cent
No Yes
shares in company
Whether reduction in capital done during year No No
Whether money raised from public offering during year No No
[200200] Notes - Reserves and surplus
Statement of changes in reserves [Table] ..(1)

Components of reserves [Axis] Reserves [Member] Securities premium account [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
Statement of changes in reserves [Abstract]
Statement of changes in reserves [LineItems]
Changes in reserves [Abstract]
Additions to reserves [Abstract]
Profit (loss) for period -6,63,87,000 -3,46,74,024 -6,63,87,000 -3,46,74,024
Other additions to reserves 11,66,36,500 6,21,84,000 11,66,36,500 6,21,84,000
Total additions to reserves 5,02,49,500 2,75,09,976 5,02,49,500 2,75,09,976
Total changes in reserves 5,02,49,500 2,75,09,976 5,02,49,500 2,75,09,976
Reserves at end of period 14,54,14,840 9,27,99,690 14,54,14,840 9,27,99,690
49
Statement of changes in reserves [Table] ..(2)

Securities premium
Components of reserves [Axis]
account [Member]
31/03/2014
Statement of changes in reserves [Abstract]
Statement of changes in reserves [LineItems]
Reserves at end of period 6,52,89,714
[200300] Notes - Borrowings
Classification of borrowings [Table] ..(1)

Classification based on time period [Axis] Long-term [Member]
Classification of borrowings [Axis] Term loans [Member] Term loans from banks [Member]
Subclassification of borrowings [Axis] Secured borrowings [Member] Secured borrowings [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
Borrowings notes [Abstract]
Details of borrowings [Abstract]
Details of borrowings [LineItems]
Borrowings (A) 14,06,378 3,27,193 (B) 14,06,378 3,27,193
Nature of security [Abstract]
[ As Per Member (s) (C) Hypothecation of Hypothecation Of
Nature of security ]
TATA Tempo TATA Tempo
Footnotes
(A) HDFC Bank Ltd- Rs. 219503/- (Secured against the Hypothecation of Force Motors. HDFC Bank Ltd- Rs. 1186876/- (Secured
against the Hypothecation of ISUZU D MAX-Tempo).
(B) HDFC Bank Ltd- Rs. 219503/- (secured against the hypothecation of Force Motors) HDFC Bank Ltd- Rs. 1186876/- (secured against
the hypothecation of Force Motors)
(C) HDFC Bank Ltd- Rs. 219503/- (secured against the hypothecation of Force Motors) HDFC Bank Ltd- Rs. 1186876/- (secured against
the hypothecation of Force Motors)
Classification of borrowings [Table] ..(2)

Classification based on time period [Axis] Short-term [Member]
Loans and advances from related parties Loans and advances from directors
Classification of borrowings [Axis]
[Member] [Member]
Subclassification of borrowings [Axis] Unsecured borrowings [Member] Unsecured borrowings [Member]
31/03/2016 31/03/2015 31/03/2016 31/03/2015
Borrowings notes [Abstract]
Details of borrowings [Abstract]
Details of borrowings [LineItems]
Borrowings 25,835 25,835 25,835 25,835
50
[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]
Accumulated
depreciation
Carrying amount accumulated depreciation and gross
Carrying amount [Member] Gross carrying amount [Member] and
carrying amount [Axis]
impairment
[Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015
to to to to 31/03/2014 to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016
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 1,85,81,353 2,16,34,008 1,85,81,353 2,16,34,008
assets
Acquisitions through
business combinations 0 0 0 0
tangible assets
Depreciation tangible assets -91,10,775 -1,13,82,353 91,10,775
Revaluation increase
0 0 0 0
(decrease) tangible assets
Disposals tangible assets
[Abstract]
0 0 0 0
through demergers
Disposals tangible assets,
4,87,688 41,778 4,87,688 41,778
others
Total disposals tangible
4,87,688 41,778 4,87,688 41,778
assets
Other adjustments tangible
assets [Abstract]
Increase (decrease) through
net exchange differences 0 0 0 0
tangible assets
0 0 0 0
assets, others
Total other adjustments
0 0 0 0
tangible assets
Total changes in tangible
89,82,890 1,02,09,877 1,80,93,665 2,15,92,230 91,10,775
assets
Tangible assets at end of period 5,20,31,328 4,30,48,438 10,03,66,897 8,22,73,232 6,06,81,002 4,83,35,569
51

Company total tangible assets
Classes of tangible assets [Axis] Plant and equipment [Member]
[Member]
Owned and leased assets
Sub classes of tangible assets [Axis] Owned assets [Member]
[Member]
Gross carrying
Carrying amount accumulated depreciation and gross Accumulated depreciation and
Carrying amount [Member] amount
carrying amount [Axis] impairment [Member]
[Member]
01/04/2014 01/04/2015 01/04/2014 01/04/2015
to 31/03/2014 to to 31/03/2014 to
31/03/2015 31/03/2016 31/03/2015 31/03/2016
[LineItems]
[Abstract]
business combinations tangible 1,61,47,568 2,02,30,385 1,61,47,568
assets
business combinations 0 0
tangible assets
Depreciation tangible assets 1,13,82,353 -45,82,682 -42,22,122
0 0 0
[Abstract]
0 0 0
through demergers
4,87,688 41,778 4,87,688
others
4,87,688 41,778 4,87,688
assets
assets [Abstract]
net exchange differences 0 0 0
tangible assets
0 0 0
assets, others
0 0 0
tangible assets
1,13,82,353 1,10,77,198 1,59,66,485 1,56,59,880
assets
52

Furniture and
Classes of tangible assets [Axis] Plant and equipment [Member] fixtures
[Member]
Owned assets
[Member]
Carrying
Carrying amount accumulated depreciation and gross Gross carrying amount Accumulated depreciation and impairment
amount
carrying amount [Axis] [Member] [Member]
[Member]
01/04/2014 01/04/2015 01/04/2014 01/04/2015
to 31/03/2014 to to 31/03/2014 to
31/03/2015 31/03/2016 31/03/2015 31/03/2016
[LineItems]
[Abstract]
business combinations tangible 2,02,30,385 2,16,331
assets
business combinations 0
tangible assets
Depreciation tangible assets 45,82,682 42,22,122 -42,31,559
0 0
[Abstract]
0 0
through demergers
41,778 0
others
41,778 0
assets
assets [Abstract]
net exchange differences 0 0
tangible assets
0 0
assets, others
0 0
tangible assets
2,01,88,607 45,82,682 42,22,122 -40,15,228
assets
Tangible assets at end of period 4,36,15,731 2,34,27,124 1,85,19,013 1,39,36,331 97,14,209 86,76,707
53

Classes of tangible assets [Axis] Furniture and fixtures [Member]
Accumulated
depreciation
impairment
[Member]
01/04/2014 01/04/2015 01/04/2014 01/04/2015
to 31/03/2014 to to 31/03/2014 to
31/03/2015 31/03/2016 31/03/2015 31/03/2016
[LineItems]
[Abstract]
business combinations tangible 12,78,658 2,16,331 12,78,658
assets
business combinations 0 0 0
tangible assets
Depreciation tangible assets -65,31,197 42,31,559
0 0 0
[Abstract]
0 0 0
through demergers
0 0 0
others
0 0 0
assets
assets [Abstract]
tangible assets
0 0 0
assets, others
0 0 0
tangible assets
-52,52,539 2,16,331 12,78,658 42,31,559
assets
54

Classes of tangible assets [Axis] Furniture and fixtures [Member] Vehicles [Member]
Sub classes of tangible assets [Axis] Owned assets [Member] Owned assets [Member]
Gross carrying
[Member]
01/04/2014 01/04/2015 01/04/2014 01/04/2015
to 31/03/2014 to to 31/03/2014 to
31/03/2015 31/03/2016 31/03/2015 31/03/2016
[LineItems]
[Abstract]
business combinations tangible (C) 12,77,117 0 (D) 12,77,117
assets
tangible assets
Depreciation tangible assets 65,31,197 -73,393 -3,481
0 0 0
[Abstract]
0 0 0
through demergers
0 0 0
others
0 0 0
assets
assets [Abstract]
tangible assets
0 0 0
assets, others
0 0 0
tangible assets
65,31,197 12,03,724 -3,481 12,77,117
assets
Tangible assets at end of period 2,21,83,325 1,56,52,128 (A) 12,11,740 8,016 11,497 (B) 13,14,034
Footnotes
(A) Bicycle-Rs. 36,917/- & Motor Vehicle- Rs. 12,77,117/-
(B) Bicycle-Rs. 36,917/- & Motor Vehicle- Rs. 12,77,117/-
(C) Motor Vehicle-Rs. 12,77,117/-
(D) Motor Vehicle-Rs. 12,77,117/-
55

Motor vehicles
Classes of tangible assets [Axis] Vehicles [Member]
[Member]
Owned assets
[Member]
Carrying
amount
[Member]
01/04/2014 01/04/2015 01/04/2014 01/04/2015
to 31/03/2014 to to 31/03/2014 to
31/03/2015 31/03/2016 31/03/2015 31/03/2016
[LineItems]
[Abstract]
business combinations tangible 0 (C) 12,77,117
assets
tangible assets
Depreciation tangible assets (D) 73,393 3,481 -73,393
0 0
[Abstract]
0 0
through demergers
0 0
others
0 0
assets
assets [Abstract]
tangible assets
0 0
assets, others
0 0
tangible assets
0 73,393 3,481 12,03,724
assets
Tangible assets at end of period 36,917 36,917 (A) 1,02,294 28,901 25,420 (B) 12,11,740
Footnotes
(A) Bicycle- Rs. 31,267/- & Motor Vehicle- Rs. 71,027/-
(B) Bicycle- Rs.36,917/- & Motor Vehicle- Rs. 12,77,117/-
(C) Motor Vehicle-Rs. 12,77,117/-
(D) Bicycle- Rs. 2,366/- & Motor Vehicle- Rs. 71,027/-
56

Classes of tangible assets [Axis] Motor vehicles [Member]
Accumulated
depreciation
impairment
[Member]
01/04/2014 01/04/2015 01/04/2014 01/04/2015
to 31/03/2014 to to 31/03/2014 to
31/03/2015 31/03/2016 31/03/2015 31/03/2016
[LineItems]
[Abstract]
business combinations tangible 0 (B) 12,77,117 0
assets
tangible assets
Depreciation tangible assets -3,481 73,393
0 0 0
[Abstract]
0 0 0
through demergers
0 0 0
others
0 0 0
assets
assets [Abstract]
tangible assets
0 0 0
assets, others
0 0 0
tangible assets
-3,481 12,77,117 0 73,393
assets
Tangible assets at end of period 8,016 11,497 (A) 13,14,034 36,917 36,917 1,02,294
Footnotes
(A) Bicycle- Rs.36,917/- & Motor Vehicle- Rs. 12,77,117/-
(B) Motor Vehicle-Rs. 12,77,117/-
57

Classes of tangible assets [Axis] Motor vehicles [Member] Computer equipments [Member]
Gross carrying
[Member]
01/04/2014 01/04/2015 01/04/2014 01/04/2015
to 31/03/2014 to to 31/03/2014 to
31/03/2015 31/03/2016 31/03/2015 31/03/2016
[LineItems]
[Abstract]
business combinations tangible 1,21,885 1,24,965 1,21,885
assets
tangible assets
Depreciation tangible assets 3,481 -87,308 -5,60,890
0 0 0
[Abstract]
0 0 0
through demergers
0 0 0
others
0 0 0
assets
assets [Abstract]
tangible assets
0 0 0
assets, others
0 0 0
tangible assets
3,481 34,577 -4,35,925 1,21,885
assets
Tangible assets at end of period 28,901 25,420 1,40,663 1,06,087 5,42,013 27,61,556
58

Leasehold
Classes of tangible assets [Axis] Computer equipments [Member] improvements
[Member]
Owned assets
[Member]
Carrying
amount
[Member]
01/04/2014 01/04/2015 01/04/2014 01/04/2015
to 31/03/2014 to to 31/03/2014 to
31/03/2015 31/03/2016 31/03/2015 31/03/2016
[LineItems]
[Abstract]
business combinations tangible 1,24,965 8,18,452
assets
tangible assets
Depreciation tangible assets 87,308 5,60,890 -1,35,833
0 0
[Abstract]
0 0
through demergers
0 0
others
0 0
assets
assets [Abstract]
tangible assets
0 0
assets, others
0 0
tangible assets
1,24,965 87,308 5,60,890 6,82,619
assets
Tangible assets at end of period 26,39,672 25,14,707 26,20,893 25,33,585 19,72,694 12,45,619
59

Classes of tangible assets [Axis] Leasehold improvements [Member]
Accumulated
depreciation
impairment
[Member]
01/04/2014 01/04/2015 01/04/2014 01/04/2015
to 31/03/2014 to to 31/03/2014 to
31/03/2015 31/03/2016 31/03/2015 31/03/2016
[LineItems]
[Abstract]
business combinations tangible 0 8,18,452 0
assets
tangible assets
Depreciation tangible assets -64,663 1,35,833
0 0 0
[Abstract]
0 0 0
through demergers
0 0 0
others
0 0 0
assets
assets [Abstract]
tangible assets
0 0 0
assets, others
0 0 0
tangible assets
-64,663 8,18,452 0 1,35,833
assets
Tangible assets at end of period 5,63,000 6,27,663 19,24,104 11,05,652 11,05,652 6,78,485

Accumulated depreciation and
Carrying amount accumulated depreciation and gross carrying amount [Axis]
impairment [Member]
01/04/2014
to 31/03/2014
31/03/2015
Disclosure of tangible assets [LineItems]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Depreciation tangible assets 64,663
Total changes in tangible assets 64,663
Tangible assets at end of period 5,42,652 4,77,989
60
Disclosure of additional information tangible assets [Table] ..(1)

Company total tangible assets
Classes of tangible assets [Axis] Plant and equipment [Member] Furniture and fixtures [Member]
[Member]
Owned and leased assets
[Member]
01/04/2014 01/04/2014
01/04/2015 01/04/2014 01/04/2015 01/04/2015
to to to to
to to
31/03/2016 31/03/2015 31/03/2016 31/03/2016
31/03/2015 31/03/2015
Disclosure of additional information
tangible assets [LineItems]
WDV Method based on WDV Method based on
the estimated useful lives the estimated useful lives
[ As per [ As per
Depreciation method tangible assets Member(s) ] Member(s) ]
of the assets as prescribed Wdv of the assets as prescribed Wdv
in Schedule II of the in Schedule II of the
Companies Act, 2013 Companies Act, 2013
Useful lives or depreciation rates [ As per [ As per
15 Years 13.91% 10 Years 18.10
tangible assets Member(s) ] Member(s) ]

Classes of tangible assets [Axis] Vehicles [Member] Motor vehicles [Member] Computer equipments [Member]
Sub classes of tangible assets [Axis] Owned assets [Member] Owned assets [Member] Owned assets [Member]
01/04/2014 01/04/2014
01/04/2015 01/04/2014 01/04/2015 01/04/2015
to to to to
to to
31/03/2016 31/03/2015 31/03/2016 31/03/2016
31/03/2015 31/03/2015
tangible assets [LineItems]
WDV Method based on WDV Method based on
the estimated useful lives the estimated useful lives
[ As Per [ As Per
Depreciation method tangible assets Member (s) ] Member (s) ]
of the assets as prescribed Wdv of the assets as prescribed Wdv
in Schedule II of the in Schedule II of the
Companies Act, 2013 Companies Act, 2013
Useful lives or depreciation rates [ As Per [ As P e r 10 Years Bicycle & 8
20% 3 Years 40%
tangible assets Member (s) ] Member (s) ] Years Motor Vehicle

01/04/2014
01/04/2015
to
to
31/03/2016
31/03/2015
Disclosure of additional information tangible assets [Abstract]
Disclosure of additional information tangible assets [LineItems]
WDV Method based on the estimated
useful lives of the assets as
Depreciation method tangible assets prescribed in Schedule II of the
Wdv
Companies Act, 2013
Useful lives or depreciation rates tangible assets 10 Years 10%

01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
Disclosure of notes on tangible assets explanatory [TextBlock] [See below]
Textual information (26) Textual information (27)
Disclosure of accounting policy on tangible assets [TextBlock] [See below] [See below]
61
Disclosure of notes on tangible assets explanatory [Text Block]

Fixed assets are stated at cost of acquisition, inclusive of freight duties, taxes and other incidental expenses. Fixed assets are classified as per the
decision taken by the management and are being followed consistently.
Disclosure of accounting policy on tangible assets [Text Block]

Tangible Assets
Tangible Fixed Assets are stated at cost net of recoverable taxes and includes amounts less accumulated depreciation and impairment loss, if any.
All costs, including financing costs till commencement of commercial production, net charges on foreign exchange contracts and adjustments
arising from exchange rate variations attributable to the fixed assets are capitalized.
Depreciation on tangible is provided on the WDV Method based on the estimated useful lives of the assets as prescribed in Schedule II of the
Companies Act, 2013. Depreciation on additions to fixed assets is charged on pro-rata basis in the year of purchase.
Disclosure of accounting policy on tangible assets [Text Block]

Tangible Assets
Tangible Fixed Assets are stated at cost net of recoverable taxes and includes amounts less accumulated depreciation and impairment loss, if any.
All costs, including financing costs till commencement of commercial production, net charges on foreign exchange contracts and adjustments
arising from exchange rate variations attributable to the fixed assets are capitalized.
Depreciation on tangible is provided on the WDV Method based on the estimated useful lives of the assets as prescribed in Schedule II of the
Companies Act, 2013. Depreciation on additions to fixed assets is charged on pro-rata basis in the year of purchase.
62
[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]
Accumulated
amortization
Carrying amount accumulated amortization and
impairment and gross carrying amount [Axis]
impairment
[Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015
to to to to 31/03/2014 to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016
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
24,37,243 77,64,947 24,37,243 77,64,947
development
intangible assets
intangible assets
Total additions to
24,37,243 77,64,947 24,37,243 77,64,947
intangible assets
Amortization intangible assets -54,86,497 -49,13,643 54,86,497
0 0 0 0
(decrease) intangible assets
Disposals intangible assets
[Abstract]
Disposals intangible
0 0 0 0
assets through demergers
5,62,500 0 5,62,500 0
assets, others
Total disposals intangible
5,62,500 0 5,62,500 0
assets
Retirements of intangible
0 0 0 0
assets
Other adjustments intangible
assets [Abstract]
net exchange differences 0 0 0 0
intangible assets
Other adjustments
0 0 0 0
intangible assets, others
0 0 0 0
intangible assets
Total changes in intangible
-36,11,754 28,51,304 18,74,743 77,64,947 54,86,497
assets
Intangible assets at end of period 1,64,90,499 2,01,02,253 3,03,48,106 2,84,73,363 2,07,08,416 1,38,57,607
63

Company total intangible assets
Classes of intangible assets [Axis] Brands and trade marks [Member]
[Member]
Internally generated and other
Sub classes of intangible assets [Axis] than internally generated Internally generated intangible assets [Member]
intangible assets [Member]
Gross carrying
Carrying amount accumulated amortization and Accumulated amortization and
impairment and gross carrying amount [Axis] impairment [Member]
[Member]
01/04/2014 01/04/2015 01/04/2014 01/04/2015
to 31/03/2014 to to 31/03/2014 to
31/03/2015 31/03/2016 31/03/2015 31/03/2016
[LineItems]
[Abstract]
[Abstract]
24,37,243 77,64,947 24,37,243
development
intangible assets
intangible assets
Total additions to
24,37,243 77,64,947 24,37,243
intangible assets
Amortization intangible assets 49,13,643 -54,86,497 -49,13,643
0 0 0
[Abstract]
0 0 0
5,62,500 0 5,62,500
assets, others
5,62,500 0 5,62,500
assets
0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0
0 0 0
intangible assets
49,13,643 -36,11,754 28,51,304 18,74,743
assets
Intangible assets at end of period 83,71,110 34,57,647 1,64,90,499 2,01,02,253 1,72,50,769 3,03,48,106
64

Trade marks
Classes of intangible assets [Axis] Brands and trade marks [Member]
[Member]
Internally
generated
Sub classes of intangible assets [Axis] Internally generated intangible assets [Member] intangible
assets
[Member]
Carrying
Carrying amount accumulated amortization and Gross carrying amount Accumulated amortization and impairment
amount
impairment and gross carrying amount [Axis] [Member] [Member]
[Member]
01/04/2014 01/04/2015 01/04/2014 01/04/2015
to 31/03/2014 to to 31/03/2014 to
31/03/2015 31/03/2016 31/03/2015 31/03/2016
[LineItems]
[Abstract]
[Abstract]
77,64,947 24,37,243
development
intangible assets
intangible assets
Total additions to
77,64,947 24,37,243
intangible assets
Amortization intangible assets 54,86,497 49,13,643 -54,86,497
0 0
[Abstract]
0 0
0 5,62,500
assets, others
0 5,62,500
assets
0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0
0 0
intangible assets
77,64,947 54,86,497 49,13,643 -36,11,754
assets
Intangible assets at end of period 2,84,73,363 2,07,08,416 1,38,57,607 83,71,110 34,57,647 1,64,90,499
65

Classes of intangible assets [Axis] Trade marks [Member]
Sub classes of intangible assets [Axis] Internally generated intangible assets [Member]
Accumulated
amortization
Carrying amount accumulated amortization and
impairment and gross carrying amount [Axis]
impairment
[Member]
01/04/2014 01/04/2015 01/04/2014 01/04/2015
to 31/03/2014 to to 31/03/2014 to
31/03/2015 31/03/2016 31/03/2015 31/03/2016
[LineItems]
[Abstract]
[Abstract]
77,64,947 24,37,243 77,64,947
development
intangible assets
intangible assets
Total additions to
77,64,947 24,37,243 77,64,947
intangible assets
Amortization intangible assets -49,13,643 54,86,497
0 0 0
[Abstract]
0 0 0
0 5,62,500 0
assets, others
0 5,62,500 0
assets
0 0 0
assets
assets [Abstract]
intangible assets
Other adjustments
0 0 0
0 0 0
intangible assets
28,51,304 18,74,743 77,64,947 54,86,497
assets
Intangible assets at end of period 2,01,02,253 1,72,50,769 3,03,48,106 2,84,73,363 2,07,08,416 1,38,57,607
66

Internally generated intangible assets
Sub classes of intangible assets [Axis]
[Member]
Accumulated amortization and
Carrying amount accumulated amortization and impairment and gross carrying amount [Axis]
impairment [Member]
01/04/2014
to 31/03/2014
31/03/2015
Disclosure of intangible assets [LineItems]
Reconciliation of changes in intangible assets [Abstract]
Changes in intangible assets [Abstract]
Amortization intangible assets 49,13,643
Total changes in intangible assets 49,13,643
Intangible assets at end of period 83,71,110 34,57,647
Disclosure of additional information intangible assets [Table] ..(1)

Company total intangible assets Brands and trade marks
[Member] [Member]
Internally generated and other
Internally generated intangible Internally generated intangible assets
Sub classes of intangible assets [Axis] than internally generated
assets [Member] [Member]
intangible assets [Member]
01/04/2014
01/04/2015 01/04/2014 01/04/2015 01/04/2014 01/04/2015
to to to to to
to
31/03/2016 31/03/2015 31/03/2016 31/03/2015 31/03/2016
31/03/2015
intangible assets [LineItems]
Useful lives or amortization rates [ As per [ As per [ As Per [ As Per
10 Years 25
intangible assets Member(s) ] Member(s) ] Member (s) ] Member (s) ]
WDV Method based on the
estimated useful lives of the
Description of amortization method [ As per [ As per [ As Per [ As Per
assets as prescribed in Wdv
used Member(s) ] Member(s) ] Member (s) ] Member (s) ]
Schedule II of the
Companies Act, 2013.
[200400] Notes - Non-current investments
Details of non-current investments [Table] ..(1)

Classification of non-current investments [Axis] ClassificationOfNoncurrentInvestments1
01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
Non-current investments [Abstract]
Disclosure of details of non-current investments [Abstract]
Details of non-current investments [LineItems]
Investments in Investments in
Type of non-current investments government or trust government or trust
securities securities
Class of non-current investments Other investments Other investments
Non-current investments 44,286 40,935
National Saving national Saving
Name of body corporate in whom investment has been made Certificate certificate
67

31/03/2016 31/03/2015
Disclosure of notes on non-current investments explanatory [TextBlock]
Aggregate amount of quoted non-current investments 0 0
Aggregate amount of unquoted non-current investments 44,286 40,935
Aggregate provision for diminution in value of non-current investments 0 0
[200600] Notes - Subclassification and notes on liabilities and assets
Subclassification of trade receivables [Table] ..(1)

Classification of assets based on security
Classification of assets based on security [Axis] Unsecured considered good [Member]
[Member]
31/03/2016 31/03/2015 31/03/2016 31/03/2015
Subclassification and notes on liabilities and assets
[Abstract]
Trade receivables notes [Abstract]
Trade receivables [Abstract]
Subclassification of trade receivables
[Abstract]
Subclassification of trade receivables
[LineItems]
Breakup of trade receivables [Abstract]
Trade receivables, gross 4,43,91,687 97,13,295 4,43,91,687 97,13,295
Allowance for bad and doubtful debts 0 0 0 0
Total trade receivables 4,43,91,687 97,13,295 4,43,91,687 97,13,295
Details of trade receivables due by
directors, other officers or others
[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
which any director is partner
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
68
Classification of inventories [Table] ..(1)

Classification of inventories [Axis] Company total inventories [Member] Raw materials [Member]
01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
[Abstract]
Inventories notes [Abstract]
Inventories [Abstract]
Classification of inventories [Abstract]
Details of inventories [LineItems]
Inventories 1,65,55,975 73,77,996 20,03,845 8,42,700
Goods in transit 0 0 0 0
[ As per Member(s)
Mode of valuation ]
[ As per Member(s) ] At Cost At Cost
Classification of inventories [Table] ..(2)

Stores and spares
Classification of inventories [Axis] Finished goods [Member]
[Member]
01/04/2015 01/04/2014 01/04/2014
to to to
31/03/2016 31/03/2015 31/03/2015
Subclassification and notes on liabilities and assets [Abstract]
Inventories notes [Abstract]
Inventories [Abstract]
Classification of inventories [Abstract]
Details of inventories [LineItems]
Inventories 1,45,52,130 63,77,006 1,58,290
Goods in transit 0 0 0
Cost or NRV Cost or NRV
Mode of valuation whichecer is lower whichecer is lower
At Cost
Disclosure of details of balances with banks [Table] ..(1)

Details of balances with banks [Axis] DetailsOfBalancesWithBanks1 DetailsOfBalancesWithBanks2
01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
[Abstract]
Cash and bank balances notes [Abstract]
Cash and bank balances [Abstract]
Disclosure of details of balances with banks
[Abstract]
Details of balances with banks [LineItems]
Name of bank Yes Bank YES Bank State Bank of India State bank of india
Closing balance held in bank 5,819 3,74,649 24,729 3,19,766
Disclosure of details of balances with banks [Table] ..(2)

Details of balances with banks [Axis] DetailsOfBalancesWithBanks3
01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
Cash and bank balances notes [Abstract]
Cash and bank balances [Abstract]
Disclosure of details of balances with banks [Abstract]
Details of balances with banks [LineItems]
Name of bank HDFC Bank HDFC Bank
Closing balance held in bank 1,89,15,739 -23,98,158
69
Loans and advances [Table] ..(1)

Classification based on time period [Axis] Long-term [Member] Short-term [Member]
Classification of loans and advances [Axis] Capital advances [Member] Other loans and advances [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member] Unsecured considered good [Member]
31/03/2016 31/03/2015 31/03/2016 31/03/2015
[Abstract]
Loans and advances notes [Abstract]
Loans and advances [Abstract]
Disclosure of loans and advances [LineItems]
Loans and advances, gross 46,64,352 41,25,186 6,83,395 16,86,231
Allowance for bad and doubtful loans and
0 0 0 0
advances
Loans and advances 46,64,352 41,25,186 6,83,395 16,86,231
Details of loans and advances due by
[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
Loans and advances due by private
companies in which any director is 0 0 0 0
member
Total loans and advances due
by firms or companies in which
0 0 0 0
any director is partner or
director
Loans and advances [Table] ..(2)

Classification based on time period [Axis] Short-term [Member]
Classification of loans and advances [Axis] Prepaid expenses [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member]
31/03/2016 31/03/2015
Loans and advances notes [Abstract]
Loans and advances [Abstract]
Disclosure of loans and advances [LineItems]
Loans and advances, gross 6,83,395 16,86,231
Allowance for bad and doubtful loans and advances 0 0
Loans and advances 6,83,395 16,86,231
Details of loans and advances due by directors, other officers or others
[Abstract]
Loans and advances due by directors 0 0
Loans and advances due by other officers 0 0
Loans and advances due by others 0 0
Total loans and advances due by directors, other officers or others 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 which any director is partner 0 0
Loans and advances due by private companies in which any director is
0 0
director
Loans and advances due by private companies in which any director is member 0 0
Total loans and advances due by firms or companies in which any director
0 0
is partner or director
70

01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
Disclosure of subclassification and notes on liabilities and assets
explanatory [TextBlock]
Trade payables, long-term 0 0
Gross amount due to customers for contract work, non-current 0 0
Others long-term, others 0 0
Total others, long-term 0 0
Total other long-term liabilities 0 0
Interest accrued but not due on borrowings 0 0
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 0
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
VAT payable -3,17,015 -2,30,330
Excise duty payable -49,643 -425
Taxes payable other tax 9,45,019

(A) 4,11,868
Other deposits refundable, current 91,260 6,47,260
Total deposits refundable current 91,260 6,47,260
Public deposit payable, current 0 0
Total other payables, current 6,69,621 8,28,373
Current liabilities portion of share application money pending
0 0
allotment
Other current liabilities, others 94,26,526 40,34,710
Total other current liabilities 1,00,96,147 48,63,083
Total other non-current assets 0 0
Disclosure of notes on trade receivables explanatory [TextBlock] NA
Aggregate amount of trade receivables outstanding for period
4,43,91,687 97,13,295
exceeding six months
Fixed deposits with banks 20,00,000 1,85,00,000
Other deposits with banks 0 0
Deposit repayment reserve account with banks 0 0
Other balances with banks 1,89,46,287 -20,22,573
Total balance with banks 2,09,46,287 1,64,77,427
Cash on hand 2,29,676 1,29,856
Others 0 0
Total cash and cash equivalents 2,11,75,963 1,66,07,283
Other bank balances 0 0
Total cash and bank balances 2,11,75,963 1,66,07,283
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
Repatriation restrictions if any in respect of cash and bank
0 0
balances
Bank deposits with more than twelve months maturity 0 0
Other current assets, others 75,10,841 21,94,312
Total other current assets 75,10,841 21,94,312
Footnotes
(A) 1.provident Fund-Rs.143,500/- 2.ESIC- Rs.-31,522/- 3.TDS-Rs.232,581/- 4.Profession tax-Rs.4,265/-
71
[200700] Notes - Additional disclosures on balance sheet

01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
Disclosure of additional balance sheet notes explanatory [TextBlock]
Claims against company not acknowledged as debt 0 0
Total contingent liabilities 0 0
Estimated amount of contracts remaining to be executed on
0 0
capital account and not provided for
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
shareholders
Amount of dividends proposed to be distributed to preference
0 0
shareholders
Amount of per share dividend proposed to be distributed to
preference shareholders
Arrears of fixed cumulative dividends on preference shares 0 0
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
Share application money received during year 12,39,36,500 6,99,45,340
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 [Qty] 0 [Qty] 0
Number of person share application money received during year [Qty] 20 [Qty] 16
Number of person share application money paid as at end of year [Qty] 0 [Qty] 0
Number of person share application money received as at end of year [Qty] 20 [Qty] 16
Share application money received and due for refund 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 [Qty] 0 [Qty] 0
Number of warrants converted into preference shares during period [Qty] 0 [Qty] 0
Number of warrants converted into debentures during period [Qty] 0 [Qty] 0
Number of warrants issued during period (in foreign currency) [Qty] 0 [Qty] 0
Number of warrants issued during period (INR) [Qty] 0 [Qty] 0
Number of shareholders to whom shares are allotted under private
[Qty] 0 [Qty] 0
placement during period
[200800] Notes - Disclosure of accounting policies, changes in accounting policies and estimates
01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
Disclosure of accounting policies, change in accounting policies and Textual information (28) Textual information (29)
changes in estimates explanatory [TextBlock] [See below] [See below]
72
Disclosure of accounting policies, change in accounting policies and changes in estimates explanatory [Text Block]
These financial statements have been prepared in accordance with the Generally Accepted Accounting Principles in India (‘Indian GAAP’) to
comply with the Accounting Standards specified under Section 133 of the Companies Act, 2013, read with Rule 7 of the Companies (Accounts)
Rules, 2014 and the relevant provisions of the Companies Act, 2013. Further the guidance notes/ announcements issued by the Institute of
Chartered Accountants of India (ICAI) are also considered wherever applicable. The Company maintains its accounts on accrual basis following
the historical cost convention.
The preparation of financial statements in conformity with Indian GAAP requires the management of the Company to make estimates and
assumptions that affect the income and expense reported for the period and assets and liabilities & disclosures relating to contingent liabilities
reported as of the date of the financial statements. Examples of such estimates include carrying value of tangible & intangible fixed assets,
provision for doubtful debts, future obligations in respect of retirement benefit plans, etc. Difference, if any, between the actual results and
estimates is recognized in the period in which the results are known.
Disclosure of accounting policies, change in accounting policies and changes in estimates explanatory [Text Block]
These financial statements have been prepared to comply with the Generally Accepted Accounting Principles in India (Indian GAAP), including
the Accounting Standards notified under the relevant provisions of the Companies Act, 2013. Significant accounting policies adopted in the
presentation of the accounts are:
[201700] Notes - Government grants

01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
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

01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
The Company’s The Company’s
contribution payable contribution payable
during the year to during the year to
Disclosure of employee benefits explanatory [TextBlock] Provident Fund Employees Provident Fund Employees
State Insurance Fund is State Insurance Fund is
charged to Profit and Loss charged to Profit and Loss
Account. Account.
73
[300400] Notes - Employee share-based payments
Disclosure of number and weighted average exercise prices of stock options [Table] ..(1)
Stock options
Groups of stock options [Axis]
granted [Member]
01/04/2015
to
31/03/2016
Disclosure of number and weighted average exercise prices of stock options [Abstract]
Disclosure of number and weighted average exercise prices of stock options [LineItems]
Number of stock options in employee share-based payment arrangement [Qty] 10,536
Weighted average exercise price of stock options in employee share-based payment arrangement 0

01/04/2015
to
31/03/2016
Disclosure of notes on employee share-based payment arrangements explanatory
[TextBlock]
Disclosure of number and weighted average exercise prices of stock Textual information (30)
options explanatory [TextBlock] [See below]
Disclosure of number and weighted average exercise prices of stock options explanatory [Text Block]
The details of ESOP as under:
The options granted under the above scheme shall vest upon successful completion of defined milestones which can thereafter be exercised
resulting in allotment/issue of equity shares of the company.
Out of the above Scheme the Company has during the financial year, granted All of the Above Equity Shares to the eligible employee.
74
[201600] Notes - Related party
Disclosure of relationship and transactions between related parties [Table] ..(1)

Categories of related parties [Axis] CategoriesOfRelatedParties1 CategoriesOfRelatedParties2
01/04/2015 01/04/2014 01/04/2015 01/04/2014
to to to to
31/03/2016 31/03/2015 31/03/2016 31/03/2015
Disclosure of relationship and transactions between
related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
Rohan R S M ENTERPRISES
Name of related party Uday Thakker Uday Thakker
Mirchandani PRIVATE LIMITED
Country of incorporation or residence of related UNITED
INDIA INDIA INDIA
party STATES
Permanent account number of related party AFZPT4801J AFZPT4801J DCPJM9838N
CIN of related party U51909MH2005PTC157034
K e y
Key Management Key Management
Description of nature of related party relationship Personnel Personnel
Management Holding company
Personnel
Description of nature of transactions with related Directors Directors Allotment of
NA
party Remuneration Remuneratiom Shares
Transaction relating to key management personnel
[Abstract]
Remuneration for key managerial personnel 9,60,000 8,00,000 0
Outstanding balances for related party
transactions [Abstract]
Share application money received from related
4,24,350
party
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
Disclosure of relationship and transactions between related parties [Table] ..(2)

Categories of related parties [Axis] CategoriesOfRelatedParties3 CategoriesOfRelatedParties4
01/04/2015 01/04/2014 01/04/2015
to to to
31/03/2016 31/03/2015 31/03/2016
Disclosure of relationship and transactions between related parties
[Abstract]
Disclosure of relationship and transactions between related parties
[LineItems]
R S M ENTERPRISES G a n e s h
Name of related party PRIVATE LIMITED Krishnamoorthu
Ganesh Krishnamoorthy
Country of incorporation or residence of related party INDIA INDIA INDIA

Permanent account number of related party AHCPK8666M AHCPK8666M
CIN of related party U51909MH2005PTC157034
K e y
Description of nature of related party relationship Holding company Management Key Management Personnel
Personnel
Directors
Description of nature of transactions with related party NA
Remuneration
Directors Remuneration
Transaction relating to key management personnel [Abstract]

Remuneration for key managerial personnel 33,02,160 33,02,160
Amount written off during period in respect of debts due from
0 0 0
related parties
Amount written back during period in respect of debts due to
0 0 0
related parties
75

01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
Disclosure of notes on related party explanatory [TextBlock]
Whether there are any related party transactions during year No No
Whether company is subsidiary company Yes Yes
Section under which company is subsidiary Section 2(87)(ii) Section 2(87)(ii)
[201400] Notes - Leases

01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
The company has entered
in to agreement for taking
on Leave and license basic
certain parlor premises.
Disclosure of leases explanatory [TextBlock] The aggregate lease rent
paid during the year
amount to Rs
71,23,054/-.,(P.Y
Rs.4,366,288/-/-).
Whether any operating lease has been converted to financial lease or
No No
vice-versa
[300300] Notes - Earnings per share

01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
Disclosure of earnings per share explanatory [TextBlock]
Weighted average shares and adjusted weighted average shares [Abstract]
Basic weighted average shares [shares] 6,45,130 [shares] 5,33,000
Adjusted weighted average shares [shares] 5,80,261 [shares] 5,33,000
Diluted weighted average shares [shares] 5,80,261 [shares] 5,33,000
Adjustments of numerator to calculate basic earnings per share [Abstract]
Numerator to calculate basic earnings per share -6,63,87,000 -3,46,74,023
Profit (loss) for period -6,63,87,000 -3,46,74,024
Adjustments of numerator to calculate diluted earnings per share [Abstract]
Numerator to calculate diluted earnings per share -6,63,87,000 -3,46,74,023
Profit (loss) for period -6,63,87,000 -3,46,74,024
[202800] Notes - Subsidiary information

01/04/2015
to
31/03/2016
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
76
[202400] Notes - Investments in associates

01/04/2015
to
31/03/2016
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
Whether company has associates liquidated or sold during year No
[202500] Notes - Financial reporting of interests in joint ventures

01/04/2015
to
31/03/2016
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
[202700] Notes - Cash flow statements

31/03/2016 31/03/2015 31/03/2014
Disclosure of cash flow statement explanatory [TextBlock]
Cash and cash equivalents if different from balance sheet [Abstract]
Cash and cash equivalents cash flow statement 2,11,75,963 1,66,07,283 2,93,13,150
Total cash and cash equivalents 2,11,75,963 1,66,07,283
77
[100200] Statement of profit and loss

01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
Statement of profit and loss [Abstract]
Disclosure of revenue from operations [Abstract]
Disclosure of revenue from operations for other than finance company
[Abstract]
Revenue from sale of products 12,37,61,683 4,85,56,184
Revenue from sale of services 0 0
Other operating revenues 14,96,487 36,83,102
Total revenue from operations other than finance company 12,52,58,170 5,22,39,286
Total revenue from operations 12,52,58,170 5,22,39,286
Other income 5,92,509 8,14,782
Total revenue 12,58,50,679 5,30,54,068
Expenses [Abstract]
Cost of materials consumed 9,57,30,523 3,72,36,222
Changes in inventories of finished goods, work-in-progress and
-80,16,834 -54,67,806
stock-in-trade
Employee benefit expense 4,84,02,060 2,91,92,088
Finance costs 7,02,495 40,723
Depreciation, depletion and amortisation expense [Abstract]
Depreciation expense 1,45,97,272 1,62,95,816
Total depreciation, depletion and amortisation expense 1,45,97,272 1,62,95,816
CSR expenditure 0 0
Other expenses 6,98,76,792 3,18,65,781
Total expenses 22,12,92,308 10,91,62,824
Total profit before prior period items, exceptional items, extraordinary
-9,54,41,629 -5,61,08,756
items and tax
Exceptional items before tax 0 -4,444
Total profit before extraordinary items and tax -9,54,41,629 -5,61,13,200
Total profit before tax -9,54,41,629 -5,61,13,200
Tax expense [Abstract]
Deferred tax -2,90,54,629 -2,14,39,176
Total tax expense -2,90,54,629 -2,14,39,176
Total profit (loss) for period from continuing operations -6,63,87,000 -3,46,74,024
Total profit (loss) for period before minority interest -6,63,87,000 -3,46,74,024
Total profit (loss) for period -6,63,87,000 -3,46,74,024
Earnings per equity share [Abstract]
Basic earning per equity share [INR/shares] -102.9 [INR/shares] -65.05
Diluted earnings per equity share [INR/shares] -114.41 [INR/shares] 0
78
[300500] Notes - Subclassification and notes on income and expenses

01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
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 12,37,61,683 4,85,56,184
Total revenue from sale of products 12,37,61,683 4,85,56,184
Disclosure of revenue from sale of services [Abstract]
Revenue from sale of services [Abstract]
Revenue from sale of services, gross 0 0
Total revenue from sale of services 0 0
Disclosure of other operating revenues [Abstract]
Other operating revenues [Abstract]
Miscellaneous other operating revenues 14,96,487 36,83,102
Total other operating revenues 14,96,487 36,83,102
Disclosure of other income [Abstract]
Interest income [Abstract]
Interest income on current investments [Abstract]
Interest on fixed deposits, current investments 5,78,482 8,11,148
Interest on other current investments 3,351 2,855
Total interest income on current investments 5,81,833 8,14,003
Total interest income 5,81,833 8,14,003
Dividend income [Abstract]
Dividend income long-term investments [Abstract]
Dividend income long-term investments from subsidiaries 0 0
Total dividend income long-term investments 0 0
Total dividend income 0 0
Other non-operating income [Abstract]
Interest on income tax refund 10,676 779
Total other non-operating income 10,676 779
Total other income 5,92,509 8,14,782
Disclosure of finance cost [Abstract]
Interest expense [Abstract]
Other interest charges 7,02,495 40,723
Total interest expense 7,02,495 40,723
Total finance costs 7,02,495 40,723
Employee benefit expense [Abstract]
Salaries and wages 3,52,79,214 2,06,11,912
Managerial remuneration [Abstract]
Remuneration to directors [Abstract]
Salary to directors 42,62,160 41,02,160
Total remuneration to directors 42,62,160 41,02,160
Total managerial remuneration 42,62,160 41,02,160
Contribution to provident and other funds [Abstract]
Contribution to provident and other funds for contract labour 11,27,395 9,21,886
Total contribution to provident and other funds 11,27,395 9,21,886
Expense on employee stock option scheme and employee stock purchase plan 23,65,650 0
Leave encashment expenses 5,80,642 7,12,479
Gratuity 9,07,500 7,47,586
Staff welfare expense 16,12,263 12,33,541
Other employee related expenses 22,67,236 8,62,524
Total employee benefit expense 4,84,02,060 2,91,92,088
Breakup of other expenses [Abstract]
Consumption of stores and spare parts 0 0
Power and fuel 0 0
Rent 94,56,421 73,21,054
Repairs to building 0 0
79
Repairs to machinery 14,25,139 19,83,021

Insurance 0 0
Rates and taxes excluding taxes on income [Abstract]
Central excise duty 11,55,997 4,04,646
Other cess taxes 33,61,159 3,99,832
Total rates and taxes excluding taxes on income 45,17,156 8,04,478
Electricity expenses 23,97,248 12,46,101
Telephone postage 9,65,063 4,45,143
Printing stationery 2,82,698 2,66,447
Travelling conveyance 7,58,575 19,52,597
Legal professional charges 35,87,590 24,98,745
Directors sitting fees 0 0
Commission to directors other than whole time director or managing
0 0
director or manager
Bank charges 1,55,527 1,05,253
Advertising promotional expenses 1,16,62,387 51,73,691
Transportation distribution expenses 1,15,63,590 23,37,112
Provision bad doubtful debts created 0 0
Provision bad doubtful loans advances created 0 0
Write-off assets [Abstract]
Miscellaneous expenditure written off [Abstract]
Other miscellaneous expenditure written off 0 0
Total miscellaneous expenditure written off 0 0
Bad debts written off 0 0
Bad debts advances written off 0 0
Total write-off assets 0 0
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 4,14,000 1,14,000
Payment for taxation matters 1,72,500 57,000
Payment for other services 0 2,69,664
Total payments to auditor 5,86,500 4,40,664
Miscellaneous expenses 2,25,18,898 72,91,475
Total other expenses 6,98,76,792 3,18,65,781
80
[300600] Notes - Additional information statement of profit and loss

01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
Additional information on profit and loss account explanatory [TextBlock]
Changes in inventories of finished goods -80,16,834 -54,67,806
Changes in other inventories 0 0
Total changes in inventories of finished goods, work-in-progress and
-80,16,834 -54,67,806
stock-in-trade
Exceptional items before tax 0 -4,444
Total exceptional items 0 -4,444
Total exceptional and extraordinary items 0 -4,444
Revenue communication services 0 0
Revenue roadway operations 0 0
Revenue waterway operations 0 0
Revenue airway operations 0 0
Total gross income from services rendered 0 0
Expenditure on dividend paid 0 0
Total expenditure 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 other income 0 0
Total earnings in foreign currency 0 0
Domestic sale manufactured goods 12,37,61,683 4,85,56,184
Total domestic turnover goods, gross 12,37,61,683 4,85,56,184
Export sale manufactured goods 0 0
Export sale traded goods 0 0
Total export turnover goods, gross 0 0
Total revenue from sale of products 12,37,61,683 4,85,56,184
Domestic revenue services 0 0
Total revenue from sale of services 0 0
Gross value of transaction with related parties as per AS-18 6,18,55,846 41,02,160
Bad debts of related parties as per AS-18 0 0
[300100] Notes - Revenue

01/04/2015 01/04/2014
to to
31/03/2016 31/03/2015
Sales are net of excise
duty and sales tax duty, Sales are net of excise
Disclosure of revenue explanatory [TextBlock] where applicable and duty and sales tax, where
recognize on accrual applicable.
basis.
81
[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] Directors1 Directors2 Directors3
01/04/2015 01/04/2015 01/04/2015
to to to
31/03/2016 31/03/2016 31/03/2016
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]
Rohan Raju Uday Pratap G A N E S H
Name of key managerial personnel or director Mirchandani Thakker KRISHNAMOORTHY
Director identification number of key managerial personnel or
02490165 01897422 00509259
director
Permanent account number of key managerial personnel or director AFZPT4801J AHCPK8666M
Date of birth of key managerial personnel or director 15/03/1982 15/04/1967 04/04/1966
Other Non
Designation of key managerial personnel or director Executive Director
Director Whole Time Director
Diploma in Hotel
Qualification of key managerial personnel or director MBA in Marketing B.Com
Management
Shares held by key managerial personnel or director [shares] 33,02,160 [shares] 12,205 [shares] 37,115
Key managerial personnel or director remuneration [Abstract]
Gross salary to key managerial personnel or director [Abstract]
Salary key managerial personnel or director 0 9,60,000 33,02,160
Gross salary to key managerial personnel or director 0 9,60,000 33,02,160
Total key managerial personnel or director remuneration 0 9,60,000 33,02,160
[301000] Notes - Corporate social responsibility

01/04/2015
to
31/03/2016
Disclosure of corporate social responsibility explanatory [TextBlock]
Whether provisions of corporate social responsibility are applicable on
No
company
Whether company has written CSR policy No
82

Drums Food International Private Limited: Standalone Financial Statements For Period 01/04/2015 To 31/03/2016

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DRUMS FOOD INTERNATIONAL PRIVATE LIMITED

Standalone Financial Statements for period 01/04/2015 to 31/03/2016

[400100] Disclosure of general information about company

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

[400400] Disclosures - Directors report

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

Details of shareholding pattern of top 10 shareholders [Table] ..(2)

Details of shareholding pattern of top 10 shareholders [Table] ..(3)

Details of shareholding pattern of top 10 shareholders [Table] ..(4)

Details of shareholding pattern of top 10 shareholders [Table] ..(5)

Percentage of total shares held at end of

Increase decrease in shareholding during year [shares] 7,919

Percentage of total shares held at end of

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 change in promoters’ shareholding [Table] ..(2)

Details of change in promoters’ shareholding [Table] ..(3)

Increase decrease in shareholding during year [shares] 0 [shares] 0

Percentage of total shares held at end of

Percentage of total shares held at end of

Details of change in promoters’ shareholding [Table] ..(4)

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

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

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

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

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

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

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

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

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

Percentage increase decrease in

Percentage increase decrease in

Unless otherwise specified, all monetary values are in INR

During the year, the

Textual information (1)

Disclosure in board of directors report explanatory [Text Block]

YEAR UNDER REVIEW:

REVIEW OF BUSINESS OPERATIONS AND FUTURE PROSPECTS:

Your Directors do not recommend any payment of Dividend.

TRANSFER OF UNCLAIMED DIVIDEND TO INVESTOR EDUCATION AND PROTECTION FUND:

DIRECTORS/KEY MANAGERIAL PERSONNEL

RELATED PARTY TRANSACTIONS

DIRECTORS RESPONSIBILITY STATEMENT:

EXTRACTS OF ANNUAL RETURN

SUBSIDIARIES, JOINT VENTURES AND ASSOCIATES COMPANIES

EMPLOYEE STOCK OPTION SCHEME

Type of Option Quantum of Options

RISK MANAGEMENT POLICY

INTERNAL FINANCIAL CONTROL SYSTEMS AND THEIR ADEQUACY:

The Activities of the Company do not involve any consumption of energy.

b. Technology Absorption, Expenditure on Research & Development:

c. Foreign Exchange earnings and Outgo:

PREVENTION OF SEXUAL HARASSMENT

SAFETY, HEALTH, ENVIRONMENT AND QUALITY

For and on behalf of the Board

For and on behalf of the board of

Textual information (2)

Description of state of companies affair

Textual information (3)

Disclosures in director’s responsibility statement

Textual information (4)