1.11 Provisions, Contingent Liabilities and
Contingent Assets:
The Company creates a provision when there exists
a present obligation as a result of a past event
that probably requires an outflow of resources
and a reliable estimate can be made of the amount
of the obligation.
A disclosure for a contingent liability is made
when there is a possible obligation or a present
obligation that may, but probably will not require
an outflow of resources. When there is a possible
obligation or a present obligation in respect of
which likelihood of outflow of resources is remote,
no provision or disclosure is made.
Contingent Assets are neither recognized nor
disclosed in the Financial Statements.
1.12 Earnings Per Share:
The Basic and Diluted Earnings per share ("EPS")
is computed by dividing the profit after tax for the
year by weighted average number of equity shares
outstanding during the year.
1.13 Borrowing Costs:
Borrowing cost includes interest, amortization
of ancillary costs incurred in connection with the
arrangement of borrowings. Borrowing costs, if any,
directly attributable to the acquisition, construction
or production of an asset that necessarily takes
a substantial period of time to get ready for its
intended use or sale are capitalized. All other
borrowing costs are expensed in the period they
occur.
1.14 Cash and Cash Equivalents:
Cash and cash equivalents include cash and
cheques in hand, bank balances, demand deposits
with banks and other short term highly liquid
investments where the original maturity is three
months or less.
As per our attached report of even date
For J. S. Bhatia & Co.,
Chartered Accountants
Firm Registration No. 118806W
J. S. Bhatia
Membership No. 034290
UDIN : - 25034290BMJJTV7028
For and on behalf of the Board of Director of
Unified Data-Tech Solutions Limited
Mr. Hiren Mehta Mr. Chetan Mundhada
Managing Director Non-Executive Director
DIN: 02972140 DIN: 10484767
Khadija Taher Raniwala Shrawan Shrikrishna Shukla
Company Secretary Chief Financial Officer
M. No. A64489 PAN:EENPS0231A
Place:- Mumbai
Date:- 13/06/2025
Note 2.5 :
Bonus Shares/Buy Back/Shares for consideration other than cash issued during the period of five years
immediately preceding the financial year ended 31st March 2025:
i. Aggregate number of equity shares allotted as fully paid up pursuant to contracts without payment
being received in cash : Nil
ii. Aggregate number of equity shares allotted as fully paid by way of Bonus Shares:- 20,04,000.00
iii. Aggregate number of equity shares bought back: Nil
Note 26 : Expenditure on Corporate Social Responsibility (CSR)
According to Section 135 of The Companies Act 2013, any company meeting the applicability threshold, needs
to spend 2% of its average net profit for the immediately preceding three financial years on Corporate Social
Responsibility (CSR) activities. A CSR committee has been formed by the company as per the Act. Following is
the summarized detail:
Reasons for variation above 25%:-
1. Current Ratio - Difference is due to higher trade payables in FY'25, short-term investments included under
current assets ensure required liquidity.
2. Return on Equity Ratio - Difference is due to higher equity base in FY'25.
3. Trade Receivable Ratio - Difference is due to slower collection cycle (~24 days vs ~11 days) at the time of
year-end receipts.
4. Trade Payable Ratio - Difference is due to longer payment cycle (~62 days vs ~ 31 days), in line with
extended credit terms of 90-120 days.
Notes forming part of the Financial statement for the year ended 31st March, 2025
5. Net Capital Turnover Ratio - Difference is due to higher working capital base in FY 25 with increased trade
payables and inclusion of short-term investments in current assets.
6. Net Profit Ratio - Difference is due to improved cost efficiency and margin management despite
7. Return on Capital Employed - Since the denominator of this ratio has increased by more than its numerator
when compared with previous year, this ratio has varied negatively by 15.67%.
8. Return on Investment - Since the invested funds of the company have increased by more than 1.5 times
compared to previous year, this ratio has varied by 64.75%.
9. Operating Profit Ratio -Difference is due to improved cost efficiency and margin management despite lower
revenues in FY25.
Notes:
1 Debt = Long term secured loans current maturities of long term debt long term unsecured
funds working capital facilities
2 Total Equity = Equity Share Capital Reserves and Surplus
3 Earnings for Debt Service = PAT - Non operating income interest Other non cash adjustments
4 Debt Obligations = Interest Expense Total repayments due within a year
5 Average Inventory = (Opening inventory Closing inventory) / 2
6 Average trade debtors = (Opening trade debtors Closing trade debtors) / 2
7 Average trade creditors = (Opening trade creditors Closing trade creditors) / 2
8 Average Capital Employed = Total Assets - Current Liabilities
9 Average invested funds in investments = (Opening invested funds in investments Closing
invested funds in investment) / 2
10 Gross Profit= Revenue from Operation- Purchase of Stock in trade
Background of the Event:
Post the balance sheet date of March 31, 2025, but before the approval of the financial statements for the
financial year, the company successfully completed an SME Initial Public Offering (IPO). This milestone marks the
listing of the company's equity shares on the Bombay Stock Exchange (BSE) as part of a complete Offer for Sale
(OFS) by existing shareholders.
Details of the SME IPO:
1. Date of Listing: 29th May 2025
2. Number of Shares Offered: 52,92,000
3. Offer Price per Share: Rs. 273/-
4. Total Proceeds from Offer: Rs. 1,44,47,16,000/-
5. Nature of Issue: Complete Offer for Sale (OFS) by existing shareholders.
Impact on the Company:
1. Ownership Changes: The Offer for Sale facilitated changes in the ownership structure, resulting in new public
shareholders acquiring a stake in the company.
2. Governance Implications: The company is now subject to corporate governance norms and continuous
disclosure requirements mandated by BSE for listed entities.
3. Market Position: The successful listing is expected to enhance the company's visibility and credibility in the
market.
Accounting and Disclosure:
In accordance with AS 4, "Contingencies and Events Occurring After the Balance Sheet Date", this event is
categorized as a non-adjusting event. The IPO was undertaken after the balance sheet date and does not affect
the conditions existing as of March 31, 2025. However, the event is material and has a significant impact on the
company's financial and operational outlook, warranting disclosure.
The financial statements include this disclosure to provide stakeholders with a complete understanding of the
significant developments subsequent to the reporting date.
Other Relevant Details:
The management acknowledges the SME IPO as a key event in the company's growth trajectory and is committed
to fulfilling all post-listing compliance and regulatory requirements as stipulated by the Securities and Exchange
Board of India (SEBI) and BSE.
Note 29 : Other Statutory Information
(i) The Company do not have any Benami property, where any proceeding has been initiated or pending against
the Company for holding any Benami property for the reporting periods.
(ii) The Company have not traded or invested in Crypto currency or Virtual Currency during reporting periods.
(iii) The Company have not advanced or loaned to any other person(s) or entity(ies), including foreign entities
(Intermediaries) with the understanding that the Intermediary shall:
(a) directly or indirectly lent in other persons or entities identified in any manner whatsoever by or on
behalf of the Company (Ultimate Beneficiaries) or
(b) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries,
(iv) The Company have not received any fund from any person(s) or entity(ies), including foreign entities
(Funding Party) with the understanding (whether recorded in writing or otherwise) that the Company shall:
(a) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever
by or on behalf of the Funding Party (Ultimate Beneficiaries) or
(b) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.
(v) The Company does not have any transaction which is not recorded in the books of accounts that has been
surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961
(such as, search or survey or any other relevant provisions of the Income Tax Act, 1961).
(vi) The Company does not have any borrowings from banks and financial institutions that are used for any
other purpose other than the specific purpose for which it was taken at the reporting balance sheet date.
(vii) The Company has complied with the number of layers prescribed under clause (87) of section 2 of the Act
read with Companies (Restriction on number of Layers) Rules, 2017.
(viii) The Company is not declared as a wilful defaulter by any bank or financial institution or other lender
during the any reporting period.
(ix) There are no scheme of arrangements which have been approved by the Competent Authority in terms of
sections 230 to 237 of the Companies Act, 2013 during the reporting periods.
(x) During the reporting periods, the Company does not have any loans or advances in the nature of loans
either repayable on demand or without specifying any terms or period of repayment granted to promoters,
directors, KMPs and related parties as per the definition of Companies Act, 2013.
(xi) The Company has not identified any transactions or balances in any reporting periods with companies
whose name is struck off under section 248 of the Companies Act, 2013 or section 560 of Companies Act,
1956.
(xii) The company does not have any immovable property in the name of the company.
(xiii) There are no charges or statisfaction of charges yet to be registered with Registrar of Companies beyond
the statutory period during the reporting periods for the company.
(xiv) During the year ended March 31st 2023, the company has not revalued any tangible and intangible assets.
(xv) The Company has no borrowings from banks or financial institutions on the basis of security of current
assets.
(xvi) Discontinuing Operation: The Company has not discontinued any operations during the year.
(xvii) Previous period's figures have been regrouped / restated wherever necessary to make them comparable
with current year's figures.
| 