DSML Balance Sheet Dated 31-03-2011

DHANDAPANI SPINNING MILLS LIMITEDStandalone Balance Sheet for period 01/04/2010 to 31/03/2011

[610000] General information about financial statements

Unless otherwise specified, all monetary values are in INR

01/04/2010 to

31/03/2011

01/04/2009 to

31/03/2010Disclosure of general information about company [abstract] Disclosure of company information [abstract] Name of company DHANDAPANI SPINNING MILLS LIMITED Corporate identity number U17111TZ1994PLC005514 Permanent account number of entity AAACD7676C Address of registered office of company 17 F RAJAJI ROAD SALEM 636 007 Type of industry Commercial and Industrial Disclosure of document information [abstract] Date of board meeting when final accounts wereapproved

24/08/2011

Period covered by financial statements April 2010 to March 2011April 2009 to March2010

Date of start of reporting period 01/04/2010 01/04/2009 Date of end of reporting period 31/03/2011 31/03/2010 Nature of report standalone consolidated Standalone Content of report Balance Sheet Description of presentation currency INR Level of rounding used in financial statements Actual

Type of balance sheet Sources and Application of Funds [VerticalFormat]

Type of profit and loss statement Main Type of cash flow statement Indirect Method Disclosure of other general information [abstract] Date from which register of members remained closed 23/09/2011 Date till which register of members remained closed 30/09/2011

01/04/2010 to 31/03/2011Details principal products and services

Unless otherwise specified, all monetary values are in INR1 2 3

ITC number of product 5509.9 5509.31 5510.9 Description of product or services Polyester Yarn Acrylic Yarn Viscose Yarn Unit of measurement of principal product or services Kgs Kgs Kgs Turnover of principal product or services 48,00,54,438 0 0 Quantity of principal product or services (in UoM) [pure] 30,24,402 [pure] 0 [pure] 0

2

DHANDAPANI SPINNING MILLS LIMITED Standalone Balance Sheet for period 01/04/2010 to 31/03/2011

Details principal products and services

Unless otherwise specified, all monetary values are in INR4 5

ITC number of product 5302.2 5407.1 Description of product or services Polyester Filament Yarn Fabrics Unit of measurement of principal product or services Kgs Kgs Turnover of principal product or services 0 0 Quantity of principal product or services (in UoM) [pure] 0 [pure] 0

[630000] Disclosures - Directors report


01/04/2010 to

31/03/2011Disclosure in board of directors report [text block] Textual information (1) [See below] Details regarding energy conservation Textual information (2) [See below] Details regarding technology absorption Textual information (3) [See below] Details regarding management discussion and analysis Textual information (4) [See below] Details regarding foreign exchange earnings and outgo Textual information (5) [See below] Details regarding research and development Textual information (6) [See below] Particulars of employees as per provisions of section 217 Textual information (7) [See below] Disclosures in director?s responsibility statement Textual information (8) [See below] Quantitative information in respect of licensed installedcapacities

2. Licensed & Installed capacity 2010-11 2009-10Licensed NotApplicable Not Applicable Installed (Spindles) 12720 12720

Date of Board of directors' meeting in which board's reportreferred to under section 217 was approved

24/08/2011

3


Textual information (1)

Disclosure in board of directors report [text block]

DIRECTORS REPORT

Dear Shareholders,

We have pleasure in presenting the Sixteenth Annual Report of the Company together with the Audited accounts for the year ended 31st March2011.

Particulars Year ended Year ended

31.03.11 31.03.10

( Rs. In Lakhs )

Income 5416.69 4753.59

Gross Profit before financial charges

and Depreciation 235.70 205.50

Less: Financial charges 143.79 124.69

Depreciation 40.34 38.46

Profit before Tax 51.57 42.34

Provision for Tax NIL NIL

Net Profit after Tax 51.57 42.34

Balance of loss brought forward -725.30 -767.64

Transferred to Balance sheet -673.73 -725.30

PERFORMANCE

During the year the company was able to maintain the turnover level and achieved a reasonable profit though there were negative factors like

4


severe power cut and high cost of Raw material. The Company is hopeful of achieving better results during the current year.

The Company is carrying out Texturising, Dyeing and twisting activities in their own units. Apart from our own production capacity, due toheavy demands for our branded yarn in the market and to meet out the said requirements, the job work activity is carried out from out side mills.We are not able to recommend any dividend due to the carry over loss not being adjusted.

DIRECTORS

During the year Sri.K. Sureshkumar have resigned his Directorship in the company. We place on record our appreciation of the services renderedby him during his association with the company.

Sri. R. ArunKumar Somani, Director who retires by rotation at the ensuing Annual General Meeting is eligible for reelection.

Sri. K. Radhakrishnan Pillai was co-opted as an Additional Director of the Company with effect from 07.03.2011. He can hold office up to the date of the ensuing Annual General Meeting. A notice proposing Sri K. Radhakrishnan Pillai as a Director has been received from a member of the Company.

AUDITORS

Sri. Ashok Duraisamy, B.Com, F.C.A., Chartered Accountant, Salem retires at the ensuing annual general meeting and is eligible forreappointment.

DIRECTORS RESPONSIBILITY STATEMENT

In compliance of Section 217 (2AA) of the Companies Act, 1956 as amended by the Companies

(Amendment) Act, 2000 the Directors of our company confirm that

1. The annual accounts have been prepared by applying applicable accounting standards. Proper explanations have been givenwherever material departures have taken place.

2. Suitable accounting policies have been selected and consistently followed in making judgments and estimates that are reasonable andprudent so as to give a true and fair view of the state of affairs of the Company at the end for the financial year 31.03.2011 and the profit of thecompany during the said period.

3. Proper and sufficient care had been taken for the maintenance of adequate accounting records in accordance with the provisions ofthe Act for safeguarding the assets of the company for preventing and detecting frauds and other irregularities.

4. The annual accounts are prepared on a going concern basis.

INFORMATION PURSUANT TO SECTION 217 OF THE COMPANIES ACT, 1956.

The information pursuant to section 217 (1) (e) of the companies (Disclosure of particulars in the Report of the Board of Directors) Rules, 1988 isattached. The company had no employees covered under section 217 (2A) of the companies Act, 1956 during the period under review.

5


ACKNOWLEDGEMENT

The Directors wish to place on record of their sincere appreciation for the cooperation of employees, bankers, customers and suppliers for theircontinued valuable support. Our humble prayers to Lord Venkateswara, Lord Muruga and Goddess Sri Saradambal for the continued prosperity ofthe company.

Place : Salem For and On behalf of the Board,

Date : 24.08.2011

ARUNKUMAR SOMANI, B.RAVIKUMAR DHANDHANIA,

Director Managing Director

Particulars under section 217 ( 1 ) ( e ) of the Companies Act, 1956.

A. CONSERVATION OF ENERGY

a) Energy Conservation measures taken: Conservation of energy receives priority attention at the mills.

b) Additional investments and proposals, if any, being implemented for reduction of consumption of energy: Effective utilization of humidification plant has reduced energy consumption.

c) Impact of measures at (a) and (b) above for reduction of energy consumption and consequent impact on the cost of production of goods:same as (a) and (b) above.

FORM - A ( See Rule - 2)

Form for disclosure of particulars with respect to conversation of energy

A). POWER AND FUEL CONSUMPTION

Unit of Year ended Year ended

Measurement 31.03.2011 31.03.2010

1 Electricity

a) Purchased Units Units 1277915 1194455

Total Amount Rs. 7368958 5874747

Rate Per Unit Rs. 5.76 4.92

6


b) Own Generation

i) Through Diesel Generator Units 14170 6156

Units per liter of Diesel Rs. 3.22 3.24

cost per unit Rs. 13.30 12.34

ii) Through Steam Turbine /

Generator NIL NIL NIL

2 Coal NIL NIL NIL

3 Furnace Oil NIL NIL NIL

4 Others / internal generation NIL NIL NIL

FORM - B ( See Rule - 2)

I RESEARCH AND DEVELOPMENT

1 Specific areas where R & D is carried out by the company:- NIL

2 Benefits derived as a result of R & D. :- NIL

3 Future Plan of action :- NIL

4 Expenditure on R & D. :- NIL

II TECHNOLOGY ABSORPTION, ADOPTATION, AND INNOVATION

made towards technology innovation.

III FOREIGN EXCHANGE EARNINGS AND OUTGO

a Efforts / Activities :- import

b Total Foreign Exchange used and earned :-

Used

USD EURO

45952.00

3646.90

7


earned Nil

Place : Salem For and On behalf of theBoard,

Date:24.08.2011

ARUNKUMARSOMANI

B. RAVIKUMAR DHANDHANIA,

Director ManagingDirector


Details regarding energy conservationA. CONSERVATION OF ENERGYa) Energy Conservation measures taken: Conservation of energy receives priority attention at the mills.b)Additional investments and proposals, if any, being implemented for reduction of consumption of energy: Effective utilization of humidificationplant has reduced energy consumption.c) Impact of measures at (a) and (b) above for reduction of energy consumption and consequent impact onthe cost of production of goods: same as (a) and (b) above.


Details regarding technology absorptionForm for disclosure of particulars with respect to conversation of energy A). POWER AND FUEL CONSUMPTION Unit of Year ended Yearended Measurement 31.03.2011 31.03.2010 1 Electricity a) Purchased Units Units 1277915 1194455 Total Amount Rs. 7368958 5874747 RatePer Unit Rs. 5.76 4.92 b) Own Generation i) Through Diesel Generator Units 14170 6156 Units per liter of Diesel Rs. 3.22 3.24 cost per unit Rs.13.30 12.34 ii) Through Steam Turbine / Generator NIL NIL NIL2 Coal NIL NIL NIL3 Furnace Oil NIL NIL NIL4 Others / internal generationNIL NIL NIL


Details regarding management discussion and analysisPERFORMANCEDuring the year the company was able to maintain the turnover level and achieved a reasonable profit though there werenegative factors like severe power cut and high cost of Raw material. The Company is hopeful of achieving better results during the currentyear.The Company is carrying out Texturising, Dyeing and twisting activities in their own units. Apart from our own production capacity, due toheavy demands for our branded yarn in the market and to meet out the said requirements, the job work activity is carried out from out side mills.We are not able to recommend any dividend due to the carry over loss not being adjusted.


Details regarding foreign exchange earnings and outgoFOREIGN EXCHANGE EARNINGS AND OUTGO Efforts / Activities :- importTotal Foreign Exchange used and earned :- Used USD EURO45952.00 3646.90 Earned :- NIL

8



Details regarding research and developmentRESEARCH AND DEVELOPMENT Specific areas where R & D is carried out by the company:- NILBenefits derived as a result of R & D. :-NILFuture Plan of action :- NILExpenditure on R & D. :- NIL


Particulars of employees as per provisions of section 217INFORMATION PURSUANT TO SECTION 217 OF THE COMPANIES ACT, 1956.The information pursuant to section 217 (1) (e) of thecompanies (Disclosure of particulars in the Report of the Board of Directors) Rules, 1988 is attached. The company had no employees coveredunder section 217 (2A) of the companies Act, 1956 during the period under review.


Disclosures in director?s responsibility statementDIRECTORS RESPONSIBILITY STATEMENTIn compliance of Section 217 (2AA) of the Companies Act, 1956 as amended by the Companies(Amendment) Act, 2000 the Directors of our company confirm that1. The annual accounts have been prepared by applying applicable accountingstandards. Proper explanations have been given wherever material departures have taken place.2. Suitable accounting policies have been selectedand consistently followed in making judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state ofaffairs of the Company at the end for the financial year 31.03.2011 and the profit of the company during the said period.3. Proper and sufficientcare had been taken for the maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assetsof the company for preventing and detecting frauds and other irregularities.4. The annual accounts are prepared on a going concern basis.

01/04/2010 to 31/03/2011Details of directors signing board report

Unless otherwise specified, all monetary values are in INR1

Name of director signing board report [abstract] First name of director RAVIKUMAR Last name of director DHANDHANIA Designation of director Managing director Director identification number of director 01807552 Date of signing board report 24/08/2011

[620000] Disclosures - Auditors report


01/04/2010 to

31/03/2011Disclosure in auditor?s report [text block] Textual information (9) [See below]

9



Disclosure in auditor?s report [text block]

AUDITORS REPORT

Auditors Report to the members of Dhandapani Spinning Mills Limited.

1. I have audited the attached Balance sheet of DHANDAPANI SPINNING MILLS LIMITED as at 31.03.2011 and the Profit and Lossaccount for the year ended annexed thereto.

These financial statements are the responsibility of the company

management. My responsibility is to express an opinion on these

statements based on my audit.

2. I have conducted my audit in accordance with auditing standards generally accepted in India. Those standards require that I plan andperform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatements. An audit includesexamining on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing theaccounting principles used and significant estimates made by management, as well as evaluating the overall financial statements presentation. Ibelieve that my audit provides a reasonable basis for my opinion.

3. As required by the Companies (Auditors Report) order, 2003 issued by the Central Government of India in terms of sub-section (4A)of section 227 of the Companies Act, 1956, I enclose in the annexure a statement on the matters specified in paragraphs 4 and 5 of the said order.

4. Further to my comments in the annexure referred to above, I report that:

i) I have obtained all the information and explanations, which to the best of my knowledge and belief were necessary for the purposesof my audit.

ii) In my opinion, proper books of account as required by law have been kept by the company as far as appears from my examination ofthose books.

iii) The Balance sheet and Profit and Loss account dealt with this report are in agreement with the books of Account.

iv) In my opinion, the Balance sheet and profit and Loss Account dealt with by this report comply with the accounting standards referredto in sub-section (3 C) of section 211 of the Companies Act, 1956;

v) On the basis of written representations received from the directors, as on 31st March 2011 and taken on record by the Board ofDirectors, I report that none of the directors is disqualified as on 31st March 2011 from being appointed as a director in terms of clause (g) ofsub-section (1) of section 274 of the Companies Act, 1956;

vi) In my opinion to the best of my information and according to the explanations given to us, the said accounts give the information required by the Companies Act, 1956, in the manner so required by the Companies Act and give a true and fair view in conformity with theaccounting principles generally accepted in India:

a) In the case of the balance sheet, of the state of affairs of the company as at 31.03.2011; and

b) In the case of Profit and Loss Account, of the profit for the year ended 31.03.2011.

10


Place : Salem.

Date : 24.08.2011

ASHOK DURAISAMY, B.Com, F.C.A.,

Chartered Accountant,

Salem.

Annexure

Referred to in paragraph 3 of our report of even dated.

1. The company has maintained proper records showing full particulars including quantitative details and situation of fixed assets.

2. All the assets have been physically verified by the management during the year and there is a regular programme of verificationwhich, in our opinion, is reasonable having regard to the size of the company and nature of its business. No material discrepancies were noticedon such verification.

3. The company has disposed off some unused Machineries during the year. Apart from their production capacity, due to heavydemands for their branded yarn in the market and to meet out the said requirements by doing the job work from out side mills.

4. The stock of stores has been physically verified during the year by the management. In our opinion, the frequency of verification isreasonable.

5. The procedures of physical verification of stock of stores followed by the management are reasonable and adequate in relation to thesize of the company and the nature of its business.

6. On the basis of our examination of the records of inventory, I am of the opinion that the company is maintained proper records ofinventory. The discrepancies noticed on verification between physical stocks and the books were not material.

7. The company has not paid any interest on the borrowals form the companies covered in the register maintained under section 301 ofthe Companies Act, 1956 and hence prima facie, the terms of such borrowals are not prejudicial to the interest of the company.

8. The company has not granted any loan to the parties mentioned under section 301 of the Companies Act. The reporting on the rate ofinterest charged and also reporting whether it is prejudicial to the interest of the company does not arise.

9. The company repays principal as per the terms of repayment with its borrowers.

10. In my opinion and according to the information and explanations given to me, there are adequate internal control and procedurescommensurate with the size of the company and nature of its business with regard to purchases of inventory, fixed assets and with regard to thesale of goods. During the course of my audit, no major weakness has been noticed in the internal controls.

11. Based on the audit procedure applied by me and according to the information and explanations provided by the management, I am ofopinion that the transactions need to be entered in to the register maintained under section 301 have been so entered.

12. In my opinion and according to the information and explanations given to me, the transactions made in pursuance of contracts orarrangements entered in the registers maintained under section 301 and exceeding the value of Five Lakhs rupees in respect of any party duringthe year have been made at prices which are reasonable having regard to prevailing market prices at the relevant time.

13. The company has not accepted any deposits from the public within the meaning of section 58-A and 58-AA of the Companies Act,1956.

14. The company has an internal audit system commensurate with its size and nature of its business.

15. According to the information and explanations furnished to me requisite cost records prescribed by the central government undersection 209 (1) (d) are being maintained. However, I have carried out no detailed examination of the same.

16. According to the records of the company, the company is regular in depositing with the appropriate authorities undisputed statutorydues including provident fund, investor education protection fund, employees state insurance, income tax, sales tax, wealth tax, customs duty,excise duty, cess and other statutory dues to the extent applicable to it.

11


17. According to the information and explanations given to me, no undisputed amounts payable in respect of income tax, wealth tax, salestax, customs duty, excise duty were outstanding as at 31.03.2011 for a period of more than six months from the date they became payable.

18. According to the records of the company, there are no dues of sales tax, income tax, and customs tax / wealth tax, excise duty / cessthat have to be deposited on any dispute.

19. The Company has not incurred any cash loss during the period under audit and also it has not incurred cash loss for the periodproceeding the period under audit.

20. Based on my audit procedures and on the information and explanations given by the management, I am of opinion that the companyhas not defaulted in repayment of dues to banks.

21. Based on my examination of the records, the company has not granted any loan or advance to any person on pledge of security such asshares, debentures or other securities.

22. Based on the records and submission made by management the company has not given any guarantee for loans taken by others frombanks or financial institutions.

23. The company has not borrowed any term loans and hence reporting on its application does not arise.

24. On the basis of examination of accounts on an overall basis, the company has not utilized long term funds for short term uses.However, receivables were collected and long-term dues were paid during the year.

25. There was no allotment of shares made during the year and hence reporting on preferential allotment does not arise.

26. The company has not issued debentures and hence reporting on creation of security does not arise.

27. The company has not raised money from the public during the period under audit and hence reporting on end use of money raised onpublic issue does not arise.

28. Based upon the audit procedures performed and information and explanations given by the management, I report that no fraud on or bythe company has been noticed or reported during the course of my audit.

Place : Salem.

Date : 24.08.2011 ASHOK DURAISAMY, B.Com, F.C.A.,

Chartered Accountant,

Salem.

01/04/2010 to 31/03/2011Details regarding auditors


Name of audit firm ASHOK DURAISAMY Name of auditor signing report ASHOK DURAISAMY Membership number of auditor 205424 Address of auditors 17 F Rajaji Road Salem 636007 Permanent account number of auditor or auditor's firm ACAPD5456F SRN of form 23B S07549769 Date of signing audit report by auditors 24/08/2011 Date of signing of balance sheet by auditors 24/08/2011

12


[100000] Sources and Application of Funds


31/03/2011 31/03/2010 31/03/2009Sources application funds [abstract] Sources of funds [abstract] Shareholders' funds [abstract] Paid-up share capital 10,00,00,000 10,00,00,000 Reserves surplus 5,95,10,000 5,95,10,000 5,95,10,000 Equity share warrants 0 0 Shareholders' funds 15,95,10,000 15,95,10,000 Loan funds [abstract] Secured loans 12,00,90,427 10,09,37,050 Unsecured loans 2,88,43,407 2,66,16,737 Loan funds 14,89,33,834 12,75,53,787 Sources of funds 30,84,43,834 28,70,63,787 Application of funds [abstract] Fixed assets [abstract] Net block [abstract] Gross block 7,48,73,641 8,07,98,941 9,50,51,736 Accumulated depreciation, amortization and impairment [abstract] Accumulated depreciation amortisation 3,01,43,022 3,24,02,577 3,92,10,100 Accumulated impairment 0 0 Accumulated depreciation amortisation impairment 3,01,43,022 3,24,02,577 3,92,10,100 Net block 4,47,30,619 4,83,96,364 5,58,41,636 Fixed assets 4,47,30,619 4,83,96,364 Investments, net 1,08,500 8,500 Net current assets [abstract] Current assets loans advances [abstract] Current assets [abstract] Sundry debtors 5,79,40,693 4,03,48,890 Cash bank balance 12,58,663 8,86,457 Inventories 14,05,87,882 12,35,08,617 Other current assets 0 0 Current assets 19,97,87,238 16,47,43,964 Loans advances 1,90,86,518 2,03,10,325 Current assets loans advances 21,88,73,756 18,50,54,289 Current liabilities provisions [abstract] Current liabilities 2,09,21,794 1,77,18,962 Provisions 17,20,205 12,05,924 Current liabilities provisions 2,26,41,999 1,89,24,886 Net current assets 19,62,31,757 16,61,29,403 Miscellaneous expenditure not written off 0 0 Profit loss debit balance 6,73,72,958 7,25,29,520 Application of funds 30,84,43,834 28,70,63,787

13


[640000] Disclosures - Signatories of balance sheet

01/04/2010 to 31/03/2011Details of directors signing balance sheet

Unless otherwise specified, all monetary values are in INR1 2

Name of director signing balance sheet [abstract] First name of director RAVIKUMAR ARUN Middle name of director KUMAR Last name of director DHANDHANIA SOMANI Designation of director Managing director Director Director identification number of director 01807552 01853739 Date of signing of balance sheet by director 24/08/2011 24/08/2011

[100100] Schedule - Share capital


31/03/2011 31/03/2010Share capital [abstract] Authorised share capital [abstract] Authorised equity share capital 10,00,00,000 10,00,00,000 Authorised preference share capital 0 0 Authorised share capital 10,00,00,000 10,00,00,000 Issued subscribed share capital [abstract] Issued share capital [abstract] Equity share capital issued 10,00,00,000 10,00,00,000 Preference share capital issued 0 0 Issued share capital 10,00,00,000 10,00,00,000 Subscribed share capital [abstract] Equity share capital subscribed 10,00,00,000 10,00,00,000 Preference share capital subscribed 0 0 Subscribed share capital 10,00,00,000 10,00,00,000 Paid-up share capital [abstract] Paid-up equity share capital 10,00,00,000 10,00,00,000 Paid-up preference share capital 0 0 Paid-up share capital 10,00,00,000 10,00,00,000

14


01/04/2010 to 31/03/2011Details of every class of share capital


Type of share Equity Nature of share Fully Paid Up Nominal value per authorised share [INR/shares] 10 Number of authorised shares [shares] 1,00,00,000 Value of authorised shares 10,00,00,000 Nominal value per issued share [INR/shares] 10 Number of issued shares [shares] 1,00,00,000 Value of issued shares 10,00,00,000 Nominal value per subscribed share [INR/shares] 10 Number of subscribed shares [shares] 1,00,00,000 Value of subscribed shares 10,00,00,000 Nominal value per paid-up share [INR/shares] 10 Number of paid-up shares [shares] 1,00,00,000 Value of paid-up shares 10,00,00,000

01/04/2009 to 31/03/2010Details of every class of share capital


Type of share Equity Nature of share Fully Paid Up Nominal value per authorised share [INR/shares] 10 Number of authorised shares [shares] 1,00,00,000 Value of authorised shares 10,00,00,000 Nominal value per issued share [INR/shares] 10 Number of issued shares [shares] 1,00,00,000 Value of issued shares 10,00,00,000 Nominal value per subscribed share [INR/shares] 10 Number of subscribed shares [shares] 1,00,00,000 Value of subscribed shares 10,00,00,000 Nominal value per paid-up share [INR/shares] 10 Number of paid-up shares [shares] 1,00,00,000 Value of paid-up shares 10,00,00,000

[100200] Schedule - Reserves and Surplus


31/03/2011 31/03/2010 31/03/2009Reserves surplus [abstract] Securities premium [abstract] Securities Premium, Ending Balance 5,95,10,000 5,95,10,000 5,95,10,000 Reserves surplus 5,95,10,000 5,95,10,000 5,95,10,000

15


[100210] Schedule - Reserves and Surplus [Summary]


31/03/2011 31/03/2010 31/03/2009Reserves surplus [abstract] Reserves and Surplus, Ending Balance 5,95,10,000 5,95,10,000 5,95,10,000

[100300] Schedule - Secured debt


31/03/2011 31/03/2010Secured loans [abstract] Working capital loans secured [abstract] Working capital loans banks secured 12,00,90,427 10,09,37,050 Working capital loans secured 12,00,90,427 10,09,37,050 Secured loans 12,00,90,427 10,09,37,050

[100400] Schedule - Unsecured debt


31/03/2011 31/03/2010Unsecured loans [abstract] Rupee term loans unsecured [abstract] Rupee term loans others unsecured 2,50,00,000 2,50,00,000 Rupee term loans unsecured 2,50,00,000 2,50,00,000 Public deposits unsecured 0 0 Hire purchase installment payable unsecured 38,43,407 16,16,737 Unsecured loans 2,88,43,407 2,66,16,737

16


[100600] Schedule - Fixed assets


01/04/2010 to

31/03/2011

01/04/2009 to

31/03/201031/03/2009

Summary of assets [abstract] Net block [abstract] Additions to, gross block during period 56,22,064 19,92,319 Deductions in, gross block during period 1,15,47,364 1,62,45,114 Gross block, at end of period 7,48,73,641 8,07,98,941 9,50,51,736 Accumulated depreciation, amortization and impairment [abstract] Depreciation amortisation during period 40,34,521 38,46,264 Deductions in depreciation amortisation during period 62,94,076 1,06,53,787 Accumulated depreciation amortisation, at end of period 3,01,43,022 3,24,02,577 3,92,10,100 Accumulated impairment, at end of period 0 0 Accumulated depreciation amortisation impairment, at end of period 3,01,43,022 3,24,02,577 3,92,10,100 Net block, at end of period 4,47,30,619 4,83,96,364 5,58,41,636Classes of assets [abstract] Tangible assets, net [abstract] Land and land improvements, net [abstract] Land, net [abstract] Free hold land, net [abstract] Free hold land, gross, at end of period 52,93,339 52,93,339 52,93,339 Accumulated impairment free hold land, at end of period 0 0 Free hold land, net, at end of period 52,93,339 52,93,339 52,93,339 Lease hold land, net [abstract] Accumulated amortisation leasehold land, at end of period 0 0 Accumulated impairment lease hold land, at end of period 0 0 Land, net 52,93,339 52,93,339 Land improvements, net [abstract] Accumulated depreciation land improvements, at end of period 0 0 Accumulated impairment land improvements, at end of period 0 0 Land and land improvements, net 52,93,339 52,93,339 Building and building improvements, net [abstract] Building, net [abstract] Residential building, net [abstract] Accumulated depreciation residential building, at end of period 0 0 Accumulated impairment residential building, at end of period 0 0 Office building, net [abstract] Accumulated depreciation office building, at end of period 0 0 Accumulated impairment office building, at end of period 0 0 Factory building, net [abstract] Deductions in factory building, gross during period 35,12,884 0 Factory building, gross, at end of period 1,67,04,417 2,02,17,301 2,02,17,301 Depreciation factory building during period 5,36,794 6,54,124 Deductions in depreciation factory building during period 11,25,832 0 Accumulated depreciation factory building, at end of period 77,18,708 83,07,746 76,53,622 Accumulated impairment factory building, at end of period 0 0 Factory building, net, at end of period 89,85,709 1,19,09,555 1,25,63,679 Other building, net [abstract] Accumulated depreciation other building, at end of period 0 0 Accumulated impairment other building, at end of period 0 0 Building, net 89,85,709 1,19,09,555 Building improvements, net [abstract] Accumulated depreciation building improvements, at end of period 0 0 Accumulated impairment building improvements, at end of period 0 0

17


Building and building improvements, net 89,85,709 1,19,09,555 Plant machinery, net [abstract] Additions to plant machinery, gross during period 20,50,000 1,16,000 Deductions in plant machinery, gross during period 71,84,612 1,62,45,114 Plant machinery, gross, at end of period 4,41,77,063 4,93,11,675 6,54,40,789 Depreciation plant machinery during period 30,84,244 28,56,760 Deductions in depreciation plant machinery during period 49,40,149 1,06,53,787 Other adjustments to depreciation plant machinery during period 0 0 Accumulated depreciation plant machinery, at end of period 2,03,06,090 2,21,61,995 2,99,59,022 Accumulated impairment plant machinery, at end of period 0 0 Plant machinery, net, at end of period 2,38,70,973 2,71,49,680 3,54,81,767 Equipments, net [abstract] Office equipments, net [abstract] Additions to office equipments, gross during period 89,370 98,520 Deductions in office equipments, gross during period 0 0 Office equipments, gross, at end of period 7,20,973 6,31,603 5,33,083 Depreciation office equipments during period 35,741 29,254 Deductions in depreciation office equipments during period 0 0 Accumulated depreciation office equipments, at end of period 3,25,510 2,89,769 2,60,515 Accumulated impairment office equipments, at end of period 0 0 Office equipments, net, at end of period 3,95,463 3,41,834 2,72,568 Factory equipments, net [abstract] Factory equipments, gross, at end of period 17,58,071 17,58,071 17,58,071 Depreciation factory equipments during period 83,508 83,508 Deductions in depreciation factory equipments during period 0 0 Accumulated depreciation factory equipments, at end of period 6,98,732 6,15,224 5,31,716 Accumulated impairment factory equipments, at end of period 0 0 Factory equipments, net, at end of period 10,59,339 11,42,847 12,26,355 Computer equipments, net [abstract] Additions to computer equipments, gross during period 99,000 32,840 Computer equipments, gross, at end of period 8,29,896 7,30,896 6,98,056 Depreciation computer equipments during period 55,608 44,239 Accumulated depreciation computer equipments, at end of period 5,95,408 5,39,800 4,95,561 Accumulated impairment computer equipments, at end of period 0 0 Computer equipments, net, at end of period 2,34,488 1,91,096 2,02,495 Other equipments, net [abstract] Accumulated depreciation other equipments, at end of period 0 0 Accumulated impairment other equipments, at end of period 0 0 Equipments, net 16,89,290 16,75,777 Furniture fixtures, net [abstract] Additions to furniture fixtures, gross during period 12,401 30,900 Furniture fixtures, gross, at end of period 2,12,832 2,00,431 1,69,531 Depreciation furniture fixtures during period 9,690 8,053 Accumulated depreciation furniture fixtures, at end of period 1,59,546 1,49,856 1,41,803 Accumulated impairment furniture fixtures, at end of period 0 0 Furniture fixtures, net, at end of period 53,286 50,575 27,728 Vehicles, net [abstract] Ships vessels, net [abstract] Accumulated depreciation ships vessels, at end of period 0 0 Accumulated impairment ships vessels, at end of period 0 0 Aircrafts helicopters, net [abstract] Accumulated depreciation aircrafts helicopters, at end of period 0 0 Accumulated impairment aircrafts helicopters, at end of period 0 0 Motor vehicles, net [abstract] Additions to motor vehicles, gross during period 33,71,293 17,14,059 Deductions in motor vehicles, gross during period 8,49,868 0 Motor vehicles, gross, at end of period 51,77,050 26,55,625 9,41,566 Depreciation motor vehicles during period 2,28,936 1,70,326 Deductions in depreciation motor vehicles during period 2,28,095 0 Accumulated depreciation motor vehicles, at end of period 3,39,028 3,38,187 1,67,861

18


Accumulated impairment motor vehicles, at end of period 0 0 Motor vehicles, net, at end of period 48,38,022 23,17,438 7,73,705 Vehicles, net 48,38,022 23,17,438 Leasehold properties, net [abstract] Leasehold improvements, net [abstract] Accumulated depreciation leasehold improvements, at end of period 0 0 Accumulated impairment leasehold improvements, at end of period 0 0 Leasehold building, net [abstract] Accumulated depreciation leasehold building, at end of period 0 0 Accumulated impairment leasehold building, at end of period 0 0 Leasehold plant machinery, net [abstract] Accumulated depreciation leasehold plant machinery, at end of period 0 0 Accumulated impairment leasehold plant machinery, at end of period 0 0 Leasehold equipments, net [abstract] Accumulated depreciation leasehold equipments, at end of period 0 0 Accumulated impairment leasehold equipments, at end of period 0 0 Leasehold vehicles, net [abstract] Accumulated depreciation leasehold vehicles, at end of period 0 0 Accumulated impairment leasehold vehicles, at end of period 0 0 Leasehold other assets, net [abstract] Accumulated depreciation leasehold other assets, at end of period 0 0 Accumulated impairment leasehold other assets, at end of period 0 0 Livestock, net [abstract] Accumulated impairment livestock, at end of period 0 0 Bridges roads ports culverts, net [abstract] Accumulated depreciation bridges roads ports culverts, at end of period 0 0 Accumulated impairment bridges roads ports culverts, at end of period 0 0 Railway sidings, net [abstract] Accumulated depreciation railway sidings, at end of period 0 0 Accumulated impairment railway sidings, at end of period 0 0 Plantations, net [abstract] Accumulated depreciation plantations, at end of period 0 0 Accumulated impairment plantations, at end of period 0 0 Books periodicals, net [abstract] Accumulated depreciation books periodicals, at end of period 0 0 Accumulated impairment books periodicals, at end of period 0 0 Mines quarries, net [abstract] Accumulated depreciation mines quarries, at end of period 0 0 Accumulated impairment mines quarries, at end of period 0 0 Other fixed assets, net [abstract] Accumulated depreciation other fixed assets, at end of period 0 0 Accumulated impairment other fixed assets, at end of period 0 0 Intangible assets, net [abstract] Acquired goodwill, net [abstract] Accumulated amortisation acquired goodwill, at end of period 0 0 Accumulated impairment acquired goodwill, at end of period 0 0 Knowhow, net [abstract] Accumulated amortisation knowhow, at end of period 0 0 Accumulated impairment knowhow, at end of period 0 0 Computer software, net [abstract] Accumulated amortisation computer software, at end of period 0 0 Accumulated impairment computer software, at end of period 0 0 Patents trademarks design, net [abstract] Accumulated amortisation patents trademarks design, at end of period 0 0 Accumulated impairment patents trademarks design, at end of period 0 0 Commercial contractual rights, net [abstract] Accumulated amortisation commercial contractual rights, at end of period 0 0 Accumulated impairment commercial contractual rights, at end of period 0 0 Licenses, net [abstract] Accumulated amortisation licenses, at end of period 0 0

19


Accumulated impairment licenses, at end of period 0 0 Development cost, net [abstract] Accumulated amortisation development cost, at end of period 0 0 Accumulated impairment development cost, at end of period 0 0 Other intangible assets, net [abstract] Accumulated amortisation other intangible assets, at end of period 0 0 Accumulated impairment other intangible assets, at end of period 0 0 Assets financial lease, net [abstract] Accumulated depreciation amortisation assets financial lease, at end of period 0 0 Accumulated impairment assets financial lease, at end of period 0 0

20


[100610] Schedule - Fixed assets, net-gross classification


01/04/2010

to 31/03/2011

01/04/2009

to 31/03/2010

31/03/2009

Gross block [abstract] Tangible assets, gross [abstract] Land and land improvements, gross [abstract] Land, gross [abstract] Free hold land, gross 52,93,339 52,93,339 52,93,339 Land, gross 52,93,339 52,93,339 Land and land improvements, gross 52,93,339 52,93,339 Building and building improvements, gross [abstract] Building, gross [abstract] Factory building, gross 1,67,04,417 2,02,17,301 2,02,17,301 Building, gross 1,67,04,417 2,02,17,301 Building and building improvements, gross 1,67,04,417 2,02,17,301 Plant machinery, gross 4,41,77,063 4,93,11,675 6,54,40,789 Equipments, gross [abstract] Office equipments, gross 7,20,973 6,31,603 5,33,083 Factory equipments, gross 17,58,071 17,58,071 17,58,071 Computer equipments, gross 8,29,896 7,30,896 6,98,056 Equipments, gross 33,08,940 31,20,570 Furniture fixtures, gross 2,12,832 2,00,431 1,69,531 Vehicles, gross [abstract] Motor vehicles, gross 51,77,050 26,55,625 9,41,566 Vehicles, gross 51,77,050 26,55,625 Tangible assets, gross 7,48,73,641 8,07,98,941 Gross block 7,48,73,641 8,07,98,941 9,50,51,736Accumulated depreciation, amortization and impairment [abstract] Accumulated depreciation amortisation [abstract] Accumulated depreciation on tangible assets [abstract] Accumulated depreciation land and land improvements [abstract] Accumulated depreciation land [abstract] Accumulated amortisation leasehold land 0 0 Accumulated depreciation land 0 0 Accumulated depreciation land improvements 0 0 Accumulated depreciation land and land improvements 0 0 Accumulated depreciation building and building improvements [abstract] Accumulated depreciation building [abstract] Accumulated depreciation residential building 0 0 Accumulated depreciation office building 0 0 Accumulated depreciation factory building 77,18,708 83,07,746 76,53,622 Accumulated depreciation other building 0 0 Accumulated depreciation building 77,18,708 83,07,746 Accumulated depreciation building improvements 0 0 Accumulated depreciation Building and building improvements 77,18,708 83,07,746 Accumulated depreciation plant machinery 2,03,06,090 2,21,61,995 2,99,59,022 Accumulated depreciation equipments [abstract] Accumulated depreciation office equipments 3,25,510 2,89,769 2,60,515 Accumulated depreciation factory equipments 6,98,732 6,15,224 5,31,716 Accumulated depreciation computer equipments 5,95,408 5,39,800 4,95,561 Accumulated depreciation other equipments 0 0 Accumulated depreciation equipments 16,19,650 14,44,793 Accumulated depreciation furniture fixtures 1,59,546 1,49,856 1,41,803

21


Accumulated depreciation vehicles [abstract] Accumulated depreciation ships vessels 0 0 Accumulated depreciation aircrafts helicopters 0 0 Accumulated depreciation motor vehicles 3,39,028 3,38,187 1,67,861 Accumulated depreciation vehicles 3,39,028 3,38,187 Accumulated depreciation leasehold properties [abstract] Accumulated depreciation leasehold improvements 0 0 Accumulated depreciation leasehold building 0 0 Accumulated depreciation leasehold plant machinery 0 0 Accumulated depreciation leasehold equipments 0 0 Accumulated depreciation leasehold vehicles 0 0 Accumulated depreciation leasehold other assets 0 0 Accumulated depreciation leasehold properties 0 0 Accumulated depreciation bridges roads ports culverts 0 0 Accumulated depreciation railway sidings 0 0 Accumulated depreciation books periodicals 0 0 Accumulated depreciation plantations 0 0 Accumulated depreciation mines quarries 0 0 Accumulated depreciation other fixed assets 0 0 Accumulated depreciation tangible assets 3,01,43,022 3,24,02,577 Accumulated amortisation on intangible [abstract] Accumulated amortisation acquired goodwill 0 0 Accumulated amortisation knowhow 0 0 Accumulated amortisation computer software 0 0 Accumulated amortisation patents trademarks design 0 0 Accumulated amortisation commercial contractual rights 0 0 Accumulated amortisation licenses 0 0 Accumulated amortisation development cost 0 0 Accumulated amortisation other intangible assets 0 0 Accumulated amortisation intangible assets 0 0 Accumulated depreciation amortisation assets financial lease 0 0 Accumulated depreciation amortisation 3,01,43,022 3,24,02,577 3,92,10,100 Accumulated impairment [abstract] Accumulated impairment on tangible assets [abstract] Accumulated impairment land and land improvements [abstract] Accumulated impairment land [abstract] Accumulated impairment lease hold land 0 0 Accumulated impairment free hold land 0 0 Accumulated impairment land 0 0 Accumulated impairment land improvements 0 0 Accumulated impairment Land and land improvement 0 0 Accumulated impairment building and building improvements [abstract] Accumulated impairment building [abstract] Accumulated impairment residential building 0 0 Accumulated impairment office building 0 0 Accumulated impairment factory building 0 0 Accumulated impairment other building 0 0 Accumulated impairment building 0 0 Accumulated impairment building improvements 0 0 Accumulated impairment Building and building improvements 0 0 Accumulated impairment plant machinery 0 0 Accumulated impairment equipments [abstract] Accumulated impairment office equipments 0 0 Accumulated impairment factory equipments 0 0 Accumulated impairment computer equipments 0 0 Accumulated impairment other equipments 0 0 Accumulated impairment equipments 0 0 Accumulated impairment furniture fixtures 0 0 Accumulated impairment vehicles [abstract] Accumulated impairment ships vessels 0 0

22


Accumulated impairment aircrafts helicopters 0 0 Accumulated impairment motor vehicles 0 0 Accumulated impairment vehicles 0 0 Accumulated impairment leasehold properties [abstract] Accumulated impairment leasehold improvements 0 0 Accumulated impairment leasehold building 0 0 Accumulated impairment leasehold plant machinery 0 0 Accumulated impairment leasehold equipments 0 0 Accumulated impairment leasehold vehicles 0 0 Accumulated impairment leasehold other assets 0 0 Accumulated impairment leasehold properties 0 0 Accumulated impairment livestock 0 0 Accumulated impairment bridges roads ports culverts 0 0 Accumulated impairment railway sidings 0 0 Accumulated impairment books periodicals 0 0 Accumulated impairment plantations 0 0 Accumulated impairment mines quarries 0 0 Accumulated impairment other fixed assets 0 0 Accumulated impairment tangible assets 0 0 Accumulated impairment on intangible assets [abstract] Accumulated impairment acquired goodwill 0 0 Accumulated impairment knowhow 0 0 Accumulated impairment computer software 0 0 Accumulated impairment patents trademarks design 0 0 Accumulated impairment commercial contractual rights 0 0 Accumulated impairment licenses 0 0 Accumulated impairment development cost 0 0 Accumulated impairment other intangible assets 0 0 Accumulated impairment intangible assets 0 0 Accumulated impairment assets financial lease 0 0 Accumulated impairment 0 0 Accumulated depreciation amortisation impairment 3,01,43,022 3,24,02,577 3,92,10,100Net block [abstract] Tangible assets, net [abstract] Land and land improvements, net [abstract] Land, net [abstract] Free hold land, net 52,93,339 52,93,339 52,93,339 Land, net 52,93,339 52,93,339 Land and land improvements, net 52,93,339 52,93,339 Building and building improvements, net [abstract] Building, net [abstract] Factory building, net 89,85,709 1,19,09,555 1,25,63,679 Building, net 89,85,709 1,19,09,555 Building and building improvements, net 89,85,709 1,19,09,555 Plant machinery, net 2,38,70,973 2,71,49,680 3,54,81,767 Equipments, net [abstract] Office equipments, net 3,95,463 3,41,834 2,72,568 Factory equipments, net 10,59,339 11,42,847 12,26,355 Computer equipments, net 2,34,488 1,91,096 2,02,495 Equipments, net 16,89,290 16,75,777 Furniture fixtures, net 53,286 50,575 27,728 Vehicles, net [abstract] Motor vehicles, net 48,38,022 23,17,438 7,73,705 Vehicles, net 48,38,022 23,17,438 Tangible assets, net 4,47,30,619 4,83,96,364 Net block 4,47,30,619 4,83,96,364 5,58,41,636Additions to gross block during period [abstract] Additions to tangible assets, gross during period [abstract] Additions to plant machinery, gross during period 20,50,000 1,16,000 Additions to equipments, gross during period [abstract]

23


Additions to office equipments, gross during period 89,370 98,520 Additions to computer equipments, gross during period 99,000 32,840 Additions to equipments, gross during period 1,88,370 1,31,360 Additions to furniture fixtures, gross during period 12,401 30,900 Additions to vehicles, gross during period [abstract] Additions to motor vehicles, gross during period 33,71,293 17,14,059 Additions to vehicles, gross during period 33,71,293 17,14,059 Additions to tangible assets, gross during period 56,22,064 19,92,319 Additions to, gross block during period 56,22,064 19,92,319Deductions in gross block during period [abstract] Deductions in tangible assets, gross during period [abstract] Deductions in building and building improvements, gross during period [abstract] Deductions in building, gross during period [abstract] Deductions in factory building, gross during period 35,12,884 0 Deductions in building, gross during period 35,12,884 0 Deductions in Building and building improvements, gross during period 35,12,884 0 Deductions in plant machinery, gross during period 71,84,612 1,62,45,114 Deductions in equipments, gross during period [abstract] Deductions in office equipments, gross during period 0 0 Deductions in vehicles, gross during period [abstract] Deductions in motor vehicles, gross during period 8,49,868 0 Deductions in vehicles, gross during period 8,49,868 0 Deductions in tangible assets, gross during period 1,15,47,364 1,62,45,114 Deductions in, gross block during period 1,15,47,364 1,62,45,114Depreciation amortisation during period [abstract] Depreciation tangible assets during period [abstract] Depreciation building and building improvements during period [abstract] Depreciation building during period [abstract] Depreciation factory building during period 5,36,794 6,54,124 Depreciation building during period 5,36,794 6,54,124 Depreciation Building and building improvements during period 5,36,794 6,54,124 Depreciation plant machinery during period 30,84,244 28,56,760 Depreciation equipments during period [abstract] Depreciation office equipments during period 35,741 29,254 Depreciation factory equipments during period 83,508 83,508 Depreciation computer equipments during period 55,608 44,239 Depreciation equipments during period 1,74,857 1,57,001 Depreciation furniture fixtures during period 9,690 8,053 Depreciation vehicles during period [abstract] Depreciation motor vehicles during period 2,28,936 1,70,326 Depreciation vehicles during period 2,28,936 1,70,326 Depreciation tangible assets during period 40,34,521 38,46,264 Depreciation amortisation during period 40,34,521 38,46,264Deductions in depreciation amortisation during period [abstract] Deductions in depreciation tangible assets during period [abstract] Deductions in depreciation building and building improvements during period [abstract] Deductions in depreciation building during period [abstract] Deductions in depreciation factory building during period 11,25,832 0 Deductions in depreciation building during period 11,25,832 0 Deductions in depreciation Building and building improvements during period 11,25,832 0 Deductions in depreciation plant machinery during period 49,40,149 1,06,53,787 Deductions in depreciation equipments during period [abstract] Deductions in depreciation office equipments during period 0 0 Deductions in depreciation factory equipments during period 0 0 Deductions in depreciation vehicles during period [abstract] Deductions in depreciation motor vehicles during period 2,28,095 0 Deductions in depreciation vehicles during period 2,28,095 0 Deductions in depreciation tangible assets during period 62,94,076 1,06,53,787 Deductions in depreciation amortisation during period 62,94,076 1,06,53,787Other adjustments to depreciation amortisation during period [abstract]

24


Other adjustments to depreciation tangible assets during period [abstract] Other adjustments to depreciation plant machinery during period 0 0

[100700] Schedule - Investments


31/03/2011 31/03/2010Investments, net [abstract] Current and long-term investments [abstract] Long-term investments [abstract] Government securities local authorities long-term [abstract] Government securities local authorities long-term unquoted [abstract] Government securities local authorities long-term unquoted non-trade 1,08,500 8,500 Government securities local authorities long-term unquoted 1,08,500 8,500 Government securities local authorities long-term 1,08,500 8,500 Long-term investments 1,08,500 8,500 Current and long-term investments 1,08,500 8,500 Investments, net 1,08,500 8,500

[100800] Schedule - Sundry debtors


31/03/2011 31/03/2010Sundry debtors [abstract] Sundry debtors, gross [abstract] Debtors exceeding six months [abstract] Debtors exceeding six months 0 0 Debtors within six months [abstract] Debtors considered good within six months unsecured 5,79,40,693 4,03,48,890 Debtors within six months 5,79,40,693 4,03,48,890 Sundry debtors, gross 5,79,40,693 4,03,48,890 Provision doubtful debts 0 0 Sundry debtors 5,79,40,693 4,03,48,890

[100900] Schedule - Cash and bank balances


31/03/2011 31/03/2010Cash bank balance [abstract] Cash balance hand [abstract] Cash hand 8,49,337 8,76,457 Cash balance hand 8,49,337 8,76,457 Bank balances [abstract] Balance scheduled banks [abstract] Balance scheduled banks current account 4,09,326 10,000 Balance scheduled banks 4,09,326 10,000 Bank balances 4,09,326 10,000 Cash bank balance 12,58,663 8,86,457

25


[101000] Schedule - Inventories


31/03/2011 31/03/2010Inventories [abstract] Inventories raw materials 1,97,41,620 1,60,10,273 Inventories stores spares 81,48,375 70,24,500 Inventories work-in progress 3,81,61,151 3,66,51,397 Inventories finished goods [abstract] Inventories finished goods manufactured 7,45,36,736 6,38,22,447 Inventories finished goods 7,45,36,736 6,38,22,447 Inventories 14,05,87,882 12,35,08,617

[101100] Schedule - Other current assets


31/03/2011 31/03/2010Other current assets [abstract] Other current assets 0 0

[101200] Schedule - Loans and advances


31/03/2011 31/03/2010Loans advances [abstract] Unsecured loans advances [abstract] Unsecured loans advances given suppliers 76,79,788 88,59,078 Unsecured loans advances given employees 21,400 1,20,990 Unsecured loans advances value be received 97,74,081 91,71,757 Unsecured loans advances 1,74,75,269 1,81,51,825 Advance tax paid [abstract] Tax deducted at source 3,88,986 3,21,930 Advance tax paid 3,88,986 3,21,930 Deposit assets [abstract] Deposits with statutory authorities 1,13,697 5,46,051 Other deposit assets 11,08,566 12,90,519 Deposit assets 12,22,263 18,36,570 Share loans advances joint ventures 0 0 Loans advances 1,90,86,518 2,03,10,325

26


[101300] Schedule - Current liabilities


31/03/2011 31/03/2010Current liabilities [abstract] Sundry creditors [abstract] Creditors due small micro enterprises 0 0 Creditors due others 1,91,23,031 1,62,68,986 Sundry creditors 1,91,23,031 1,62,68,986 Accrued expenses payable [abstract] Taxes payable [abstract] Taxes payable other tax 16,25,496 4,98,078 Taxes payable 16,25,496 4,98,078 Accrued expenses payable 16,25,496 4,98,078 Deposit liabilities [abstract] Public deposit payable current 0 0 Other current liabilities 1,73,267 9,51,898 Current liabilities 2,09,21,794 1,77,18,962

[101400] Schedule - Provisions


31/03/2011 31/03/2010Provisions [abstract] Provision employees related liabilities [abstract] Provision other employee related liabilities 17,20,205 12,05,924 Provision employees related liabilities 17,20,205 12,05,924 Provisions 17,20,205 12,05,924

[101500] Schedule - Miscellaneous Expenditure Not Written Off


31/03/2011 31/03/2010Miscellaneous expenditure not written off [abstract] Miscellaneous expenditure not written off 0 0

27


[101600] Additional Details - Balance Sheet


01/04/2010 to

31/03/2011

01/04/2009 to

31/03/2010Additional information relating to balance sheet items Additional information regarding share capital [abstract] Breakup of equity capital [abstract] Percentage of equity shares held up by directors and relatedparties

68.56% 68.56%

Percentage of equity shares held up by others 31.44% 31.44%

Details of shareholders having more than five percent shares Textual information (10) [Seebelow]

Textual information (11) [Seebelow]

Details of deposits [abstract] 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 Interest on deposits accrued and due but not paid 0 0 Share application money received 0 0 Share application money given 0 0 Dividend per equity share [INR/shares] 0 [INR/shares] 0 Dividend per preference share [INR/shares] 0 [INR/shares] 0 Arrears of fixed cumulative dividend on preference shares 0 0 Unpaid dividend 0 0 Equity share warrants [abstract] Equity share warrants at end of period 0 0


Details of shareholders having more than five percent sharesRAVIKUMAR DHANDHANIA-651918 Shares - 6.52%, Biswanth Dhandhania -642000 shares - 6.42%, Anilkumar Dhandhania - 882000 shares- 8.82%, RAVIKUMAR DHANDHANIA HUF - 642000 shares - 6.42%, Biswanth Dhandhania HUF -642000 shares - 6.42%, AnilkumarDhandhania HUF - 642000 shares - 6.42%, Mrs.Vidhyadevi Dhandhania - 640409 shares - 6.40%, Mrs.Rashmi Dhandhania - 641091 shares -6.41%, Mrs.Saloni Dhandhania - 914182 shares - 9.14%, Balaram Kumar Poddar - 524200 shares - 5.24%.


Details of shareholders having more than five percent sharesRAVIKUMAR DHANDHANIA-651918 Shares - 6.52%, Biswanth Dhandhania -642000 shares - 6.42%, Anilkumar Dhandhania - 882000 shares- 8.82%, RAVIKUMAR DHANDHANIA HUF - 642000 shares - 6.42%, Biswanth Dhandhania HUF -642000 shares - 6.42%, AnilkumarDhandhania HUF - 642000 shares - 6.42%, Mrs.Vidhyadevi Dhandhania - 640409 shares - 6.40%, Mrs.Rashmi Dhandhania - 641091 shares -6.41%, Mrs.Saloni Dhandhania - 914182 shares - 9.14%, Balaram Kumar Poddar - 524200 shares - 5.24%.

28


[400100] Notes - Accounting policies and basis of presentation


01/04/2010 to

31/03/2011Disclosure of accounting policies andbasis of presentation [text block]

Textual information (12) [See below]

Disclosure of basis of presentation[text block]

The company follows accrual basis of accounting consistently. The accounting is on the basis ofgoing concern basis concept and under the historical cost convention.

29



Disclosure of accounting policies and basis of presentation [text block]NOTES FORMING PART OF THE ACCOUNTS

1. Significant Accounting Policies.

a) Basis of Accounting:

The company follows accrual basis of accounting consistently. The accounting is on the basis of going concern basis concept and under thehistorical cost convention.

b) Fixed Assets and Depreciation

Fixed Assets are stated at cost less accumulated depreciation. All costs including financial cost attributable to acquisition of Fixed Assets arecapitalized. Depreciation is computed on straight-line method and at the rates mentioned under the Companies Act, 1956.

c) Inventory Valuation:

Raw Materials: At cost or realizable value whichever is lower.

Mixing & Process: At Realizable value

Finished Goods: At cost or Realizable value whichever is lower.

Stores: At cost or realizable value whichever is lower.

d) Sales:

Sales as reported are exclusive of excise duty & sales tax.

2. Licensed & Installed capacity 2010-11 2009-10

30


Licensed Not Applicable Not Applicable

Installed (Spindles) 12720 12720

3. Particulars regarding stock, productionand sales.

Yarn & Fibre

PERIOD OPENINGSTOCK

PRODUCTION SALES CLOSINGSTOCK

QTY IN KGS VALUE IN RS QTY IN KGS VALUE INRS

QTY INKGS

VALUE INRS

2010-2011 168413 16010273 3119653 3024402 480054438 145778 17703970

2009-2010 227288 22351262 2903397 2680649 342524944 168413 16010273

2010-11 2009-10

4 Raw Material Consumed:

Acrylic, Polyester, Viscose fibre & Yarn Quantity Kgs 3062422 2829166

Value Rs. 399938853 297086771

31


Of the above

Indigenous Rs. 397808957 297086771

(Percentage) 99 100

Imported Rs. 2129896 -

(Percentage) 1 -

5 Consumption of Stores: 18363105 11608016

Of the above

Indeigenous Rs. 18138821 11608016

(Percentage) 99 100

Imported Rs. 224284 -

(Percentage) 1 -

6. Value of import on CIF Basis:

2010 2011 2009 2010

Raw Materials Rs. 2129896 NIL

Capital Goods Rs. NIL NIL

Spares Rs. 224284

7. Expenditure in Foreign Currency

Of all accounts Rs. 2354180 NIL

8. Earning in Foreign Currency Rs. NIL NIL

32


9. Auditors Remuneration

For Audit Rs. 12150 12150

For other services Rs. 22850 22850

10. The company though it prudent not to recognize deferred tax asset

on account of brought forward losses & Depreciation.

11. Due to small scale industrial unit on the basis of information available with the company regarding the status of suppliers as defined under

Clause (1) of section 3 of the Industries Development and Regulation

Act, 1951 is Nil.

As per my report even date attached For and On behalf of the Board,

ASHOK DURAISAMY, B.Com,F.C.A., ARUNKUMAR SOMANI B. RAVIKUMAR DHANDHANIA

Chartered Accountant Director Managing Director

Place : Salem

Date : 24.08.2011

[401200] Notes - Earnings Per Share


01/04/2010 to

31/03/2011

01/04/2009 to

31/03/2010Disclosure of earnings per share [text block] Net profit loss attributable to equity shareholders basic 51,56,562 42,34,480 Details of number of shares used for basic earnings per share 10000000

33


[402300] Notes - Directors Remuneration and Other Information

01/04/2010 to 31/03/2011Details of directors

Unless otherwise specified, all monetary values are in INR1 2 3

Name of director RAVIKUMAR DHANDHANIA ARUN KUMAR SOMANI RADHA KRISHNAN PILLAI Director identification number of director 01807552 01853739 03449331 Date of birth of director 05/11/1972 18/11/1980 12/07/1963 Designation of director Managing director Director Additional director Qualification of director B Com B Com DME Shares held by director [shares] 6,51,918 [shares] 0 [shares] 0 Director remuneration [abstract] Total salary to director 0 0 0 Basic pay director 0 0 0 Allowances director 0 0 0 Perquisites director 0 0 0 Commission director 0 0 0 Sitting fees director 0 0 0 Stock compensation director 0 0 0 Post retirement benefits director 0 0 0 Other compensation director 0 0 0 Director remuneration 0 0 0

[402400] Notes - Auditors Remuneration


01/04/2010 to

31/03/2011

01/04/2009 to

31/03/2010Auditors remuneration [abstract] Audit fees 12,150 12,150 Consultancy fees auditors [abstract] Other consultancy fees 22,850 22,850 Consultancy fees auditors 22,850 22,850 Auditors remuneration 35,000 35,000

DSML Balance Sheet Dated 31-03-2011

Documents

Transcript of DSML Balance Sheet Dated 31-03-2011