అకౌంట్స్ గమనికలుAditya Forge Ltd.

Mar 31, 2025

( b ) Terms / rights attached to equity shares

In respect of Ordinary shares, voting rights shall be in the same proportion as the capital paid upon such ordinary share bears to the total paid up ordinary Capital of the company.

The Dividend proposed by the board of Directors, if any, is subject to the approval of the shareholders in the ensuing Annual General Meeting, except in case of interim dividend.

In the event of liquidation,the shareholders of Ordinary shares are eligible to receive the remaining assets of the Company after distribution of all preferential amounts, in proportion proportion to their shareholdings.

Nature and purpose of reserves:

(1) Securities Premium : In cases where the company issues shares at a premium, whether for cash or otherwise, a sum equal to the aggregate amount of the premium received on those shares has been transferred to “Securities Premium”. The Company may issue fully paid-up bonus shares to its members out of the securities premium and to buy-back of shares.

(2) Capital redemption reserve : Capital redemption reserve represents the amount transferred on account of redemption of preference shares.

(3) Retained Earnings : Surplus in statement of Retained Earnings are the profits / (losses) that the company has earned / incurred till date, less any transfers to general reserve, dividends or other distributions paid to shareholders. Retained earnings include remeasurement loss / (gain) on defined benefit plans, net of taxes that will not be reclassified to the statement of profit and loss. Retained earnings is a free reserve available to the company and eligible for distribution to shareholders, in case where it is having positive balance representing net earnings till date.

21 Earnings per share (EPS)

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

Diluted EPS amounts are calculated by dividing the profit attributable to equity holders of the Company by the weighted average number of Equity shares outstanding during the year plus the weighted average number of Equity shares that would be issued on conversion of all the dilutive potential Equity shares into Equity shares.

Reasons for change more than 25% in above ratios
	Particulars	Reasons for % change from March 31, 2024 to March 31, 2025
	Current ratio	The Changes in Current Ratio is due to drastically change in current liabilities as compared to current assets during the current accounting Period.
	Debt-Equity Ratio	Due to Current year the company has earned a profit which led to repayment of borrowing which has made impact in Debt-Equity Ratio
	Return on Equity ratio	This change is mainly due to higher net profit earned during the year compared to last year.
	Inventory Turnover ratio	The Inventory Turnover Ratio has increased substantially due to the absence of closing inventory as on the balance sheet date.
	Trade Receivable Turnover Ratio	The Decrease in the Trade Receivable Turnover Ratio is due to the timely collection of outstanding amounts from debtors, which has resulted in a change in the ratio.
	Trade Payable Turnover Ratio	The Trade Payables Turnover Ratio has increased due to reduced purchases and payments made to creditors, leading to a decline in the outstanding trade payables as compared with last year.
	Net Capital Turnover Ratio	The change in the Net Capital Turnover Ratio is primarily due to a significant variation in sales compared to the previous year. Additionally, the presence of negative working capital during the year has further impacted the ratio.
	Net Profit ratio	There is Increase in net profit ratio on account of higher profit, which in turn is due to huge capital gain during year.

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Mar 31, 2024

viii Provisions, contingent liablity and contingent Assets

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

If the effect of the time value of money is material, provisions are discounted using a current pre-tax rate that reflects, when
appropriate, the risks specific to the liability. When discounting is used, the increase in the provision due to the passage of time is
recognised as a finance cost.

Contingent liability is disclosed in case of:

a) a presnt obligation arising from past events, whne it is not probable that an outflow of resources will be require to settle the obligation
; and

b) a present obligation arising from past events, when no reliable estimate is possible,

Contingent assets are disclosed whn an inflow of economic benefits is probable.

ix Earning per share

Basic Earning per share is calculated by dividing the Net Profit after tax for the period attributable to equity shareholders by the
weighted average number of equity shares outstanding during the period.

Diluted EPS is computed by dividing the profit after tax, as adjusted for dividend, interest and other charges to expenses or income
relating to the dilutive potential equity shares, by the weighted average number of equity shares considered for deriving basis EPS and
the weighted average number of equity shares which could have been issued on the conversion of all dilutive potential equity shares.

For M A A K & Associates For and on Behalf of the Board of Directors of

Chartered Accountants - Aditya Forge Limited

FRtyiI5024W

'' Vi/ pT/FRN 13502

y/ UUhmedabadJ yj

Kenan Satyawadi yyv ^ v'' Nitin Parekh Rckha Parekh

Partner Managing Director Director

Membership No. 139533 DIN No.00219664 DIN No.00219808

UDIN: 24139533BKECVD7935

Date: 15/06/2024 Date: 15/06/2024

Place: Vadodara Place: Vadodara

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Mar 31, 2013

Note 1 : Corporate Information :

Aditya Forge ''Limited is a Public Limited Company engaged in the business of Manufacturing and Trading nl'' Forged Flanges and Pipe Finings.

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Mar 31, 2012

Note 1 : Corporate Information :

Aditya Forge Limited is a Public Limited Company engaged in the business of Manufacturing and Trading of Foiled Flanges and Pipe Fittings.

2.1.a Diluted

The diluted earnings per share has been computed by dividing the Net Profit After Tax available for Equity Shareholders by the weighted average number of equity shares, after giving dilutive effect of the outstanding Warrants, Stock Options and Convertible bonds for the respective periods. Since, the effect of the conversion of Preference shares was anti-dilutive. it has been ignored.(to the extent applicable)

3. The company has not called for confirmation from Debtors, Creditors, Loans, Advances, Banks and Deposits. The management has however scrutinized the accounts and has con Firmed that those are current and are recoverable and / or payable.