అకౌంట్స్ గమనికలుDivine Hira Jewellers Ltd.

i. Provision and contingencies

Provisions comprise liabilities of uncertain timing
or amount such as loss contingencies arising from
claims, litigation, assessment, fines, penalties, etc.
Provisions are recognised when the Company has a
present obligation as a result of past events, it is more
likely than not that an outflow of resources will be
required to settle the obligation and the amount can be
reasonably estimated.

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 the likelihood
of outflow of resources is remote, no provision or
disclosure is made.

j. Cash and cash equivalents

In the cash flow statement, cash and cash equivalents
include cash in hand, cheques in hand, demand deposits
with banks, other short-term highly liquid investments
with original maturities of three months or less.

k. Borrowing cost

Borrowing costs incurred on constructing or on
acquiring a qualifying asset are capitalised as cost of
that, asset until it is ready for its intended use or sale.
A qualifying asset is an asset that necessarily takes a
substantial period of time to get ready for its intended
use or sale. All other borrowing costs are charged to
revenue and recognised as an expense in the statement
of profit and loss.

l. Inventory

Inventories of goods and packing material are valued
at cost or net realisable value, whichever is lower. Cost
of inventories comprises of all cost of purchases, cost
of conversion and other costs incurred in bringing the
inventories to their present condition and location.

m. Earnings per share

Basic earnings per share are computed by dividing the
net profit after tax by the weighted average number
of equity shares outstanding during the period. Diluted
earnings per share is computed by dividing the profit
after tax by the weighted average number of equity
shares considered for deriving basic earnings per
share and also the weighted average number of equity
shares that could have been issued upon conversion of
all dilutive potential equity shares.

n. Foreign currency transactions

Foreign currency transactions are recorded at
the exchange rates prevailing on the date of such
transactions. Monetary assets and liabilities as at
the balance sheet date are translated at the rates of
exchange prevailing at the date of the balance sheet.
Gains and losses arising on account of differences in
foreign exchange rates on settlement/ translation of
monetary assets and liabilities are recognised in the
statement of profit and loss. Non-monetary foreign
currency items are carried at cost.

b. Terms/rights attached to equity shares

The Company has only one class of equity shares having par value of I 10. Each holder of equity shares is entitled to one
vote per share. The Company declares and pays dividend in Indian rupees.

In the event of liquidation of the Company, the holders of equity shares will be entitled to receive remaining assets of the
Company, after distribution of all preferential amounts. The distributions will be in proportion to the number of equity
shares held by shareholder.

The company has issued 53,90,000 shares as bonus shares in the ratio of 14:5 for the year ended 31^st March 2023.
The company has issued 21,94,500 shares as bonus shares in the ratio of 3:10 for the year ended 31^st March 2025.

Note 26: Related party disclosure

In accordance with the requirement of AS 18 “Related Party Disclosures”, name of the related parties, their relationship,
transactions and outstanding balances including commitments where control exists and with whom transactions have taken
place during the reported period are as follows:

28. Basic earnings per share

Basic earnings per equity share are calculated by dividing the net profit for the year/period attributable to equity shareholders
(after deducting attributable taxes) by weighted average number of equity shares outstanding during the year/period. The
weighted average number of equity shares outstanding during the year/period is adjusted for event of fresh issue of shares
to the shareholder in accordance with Accounting Standard 20 on Earnings per share as specified under section 133 of the
Act, read with Rule 7 of the Companies (Accounts) Rules, 2014 (as amended), the following is the calculation of the basic
earnings per share:

Note

a: The marginal decline in the current ratio is primarily due to decrease in cash equivalents and inventory and an increase in trade payables and
short term provisions and short term borrowings.

b: The Debt-Equity Ratio increased marginally as compared to previous year primarily due to an increase in borrowings during the year.

c: The Debt Service Coverage Ratio improved marginally as compared to previous year primarily due to an increase in operating profits
available for servicing debt obligations.

d: Return on Equity improved as compared to the previous year mainly due to improvement in net profitability during the year.

e: A significant increase in inventory turnover primarily due to low average inventory levels maintained during the year and increase in
operational revenue.

f: The improvement in the Interest Service Coverage Ratio is mainly attributable to higher operating earnings.

g: The decline Trade Receivables Turnover Ratio in is primarily due to faster realization of dues, strengthened collection mechanisms, and
tighter credit controls implemented during the year.

h: The increase in Trade Payables Turnover Ratio is due to increase in trade payables in current year as compared to previous year.
i: The Net Capital Turnover Ratio has increased is primarily due to a decrease in net working capital on account of higher receivables.

j: The Net Profit Ratio has decreased due to increase in current tax expense and purchase of stock in trade.

k: The Return on Capital Employed (ROCE) increased primarily due to an increase in operating profit and improved working capital efficiency.

30. There are no Micro and Small Enterprises, to whom the Company owes dues as at 31 March 2026. Further no interest
was paid/ payable during the period to such enterprises. This information as required to be disclosed under the Micro,
Small and Medium Enterprise Development Act, 2006, has been determined to the extent such parties have been
identified on the basis of information available with the Company. This has been relied upon by the statutory auditors
of the Company.

31. Segment reporting

Primary segment information

The activities of the company comprises of only one “business segment” i.e. trades or business of manufacturing,
making, buying and selling in ornaments, articles, bar, coins and jewellers of all kinds in Gold and Silver. As the company''s
business falls with single primary business segment ,the financial statements are reflective of the information required
by Accounting Standard -"Segment Reporting”

Secondary segment information

The entire operations of the company are within India which is considered a single segment. The secondary segment
reporting based on geographical location of its customers is also not applicable to company.

32. Additional disclosures

i) During the year there were no proceedings have been initiated or pending against the Company for holding any
benami property under the Benami Transactions (Prohibition) Act, 1988 and rules made thereunder.

ii) The company has taken short-term cash credit from HDFC banks on the basis of the security of current assets. It
has been used for the purpose of working capital.

iii) The Company is not declared as wilful defaulter by any bank or financial institution or other lender.

iv) The Company has not entered into any transaction with companies struck off under section 248 of the Companies
Act, 2013 or section 560 of Companies Act, 1956.

v) No charges or satisfaction yet to be registered with ROC beyond the statutory period.

vi) 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.

vii) No Scheme of Arrangements has been approved by the Competent Authority in terms of sections 230 to 237 of
the Companies Act, 2013.

viii) There are no such transaction or undisclosed income that need to be disclosed in accordance with provision of
Companies Act, 2013.

ix) The Company has not traded or invested in Crypto currency or virtual currency during the financial year.

x) There is no income earned from any foreign source during the financial year. Accordingly, the income from foreign
sources is reflected as NIL in the financial statements.

xi) Utilisation of borrowed funds and share premium.

a. The Company has not advanced or loaned or invested funds (either borrowed funds or share premium or any
other sources or kind of funds) to any other person(s) or entity(ies), including foreign entities (Intermediaries)
with the understanding (whether recorded in writing or otherwise) that the Intermediary shall:-

i. directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or
on behalf of the Company (Ultimate Beneficiaries) or

ii. provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries;

b. The Company has 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 :-

i. 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

ii. provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

xii) The company has not revalued its property, plant and equipment during the current and previous year.

33. P revious year''s figures have been re-arranged or re-grouped wherever considered necessary to confirm to the current
year''s presentation.

34. There is no material impact from enactment of New Labour Code,2025 on financial results of the company in current
year. Also the company continues to monitor the finalisation of central/state rules and clarification from government on
the other aspects of Labour Codes and would provide appropriate accounting effect on the basis of such developments
in case needed.

29. Basic earnings per share

Basic earnings per equity share are calculated by dividing the net profit for the year/period attributable to equity shareholders (after deducting attributable taxes) by weighted average number of equity shares outstanding during the year/period. The weighted average number of equity shares outstanding during the year/period is adjusted for event of fresh issue of shares to the shareholder in accordance with Accounting Standard 20 on Earnings per share as specified under section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014 (os amended), the following is the calculation of the basic earnings per shore:

a: The improvement in the current ratio is primarily due to an inc'ease in current assets, including -eceivables and cash equivalents, and a reduction in current liaoilities.

b:Tho significant drop in the dobt-oq j'ty -atio is cue to infusion of equity capital during the year.

c: Improved debt service coverage ratio improved primarily due to an Increase in ooerating profitability and reduction in finance costs.

d: A slight decline in ROE is primarily attributable tc an increase in the equity base cue to capital infusion, while the net profit has romained largely stable. As ROE is calculated as Not Profit dlvidcc by Averago Equity, tno disprooortionato growth betweon the numerator and denominator has led to a marginal decline In the ratio.

e: A marginal decline in inventory turnover, primarily due to higher average inventory levels maintained during tne year, f: The improvement in the interest service coverage ratio is mainly attributable to higher operating earnings.

g: The improvement trade receivables turnover ratio is primarily due to faster realization of dues, strengthened collection mechanisms, and tighter credit controls imolementec during the yean

h.    Data for trade payables turnover ratio Is not available, due to insignificant amount of accounts payable during the year.

i.    The Net Capital Turnover Ratio declined is primarily due to an increase in ret working capital on account cf higher receivables and inventory levels.

j: The not profit 'atio improved primarily due to higher operating margins and a reduction in finance costs.

k:The return on capital employee (ROCE) fncreasec primarily due tc an Increase In operating pmflt and improved working capital efficiency.

31.    Thoro aro no Micro and Small Enterprises, to whom the Company owes duos as at 31 March 2C25. Further no intcrost was paid/ payable during the period to sjch enterorlses. This Information as reculred to oe clsclosed under the Micro. Small and Medium Enterprise Development Act. 2006. has been determined tc the extent such parties nave been ident'fied on the basis of information available with the Company. This has been relied upon oythe statutory auditors oⁱ the Compary.

32.    Segment reporting

Primarysegment information

The activities of the company comprises of only one ’business segment’ i.e. trades or business of manufacturing, making, buying and selling in ornaments, articles, bar, coins and jewellers of a I kinds in Gold and Silver. As the company s business falls with single primary business segment .tne financial statements arc reflective of the information rccuired by Accounting Standard -"Segment Reporting-

Secondary segment information

The entire operations of the company are within I ndia which is considered a single segment.The secondary segment reporting based on geographical ocation of its customers Is a so not aoplicaoloto company.

33.    Additional disclosures

(i) During the year there were no proceedings have been in'tioted or pend'ng against tne Company ¦'or holding any benami property under the Benami Transactions (Prohibition) Act. 1988 and 'ulcs made thereunder.

(II) The Company has taken short-term cash credit from HDFC banks on tne basis of the security of current assets. It has been used for the purpose of working capital.

(iii)    The Company is not declared as wilful defau ter by any oank or financial institution or other lender.

(iv)    The Company has not entered into any transaction with comoan'cs struck off under section 248 of the Companies Act. 2013 or section 560 of Comparies Act. 1956.

(v)    No charges or satisfaction yet to be registered with ROC beyord the statu to^ry per od.

(vi)    The Company has complied with the number of layers prescribed urder clause (87) cf section 2 of the Act read w th Companies (Restriction on number of Layers) Rules. 2017.

(vii)    No Scheme of Arrangements has been approved by tno Competent Authority in terms o'* sections 230 to 237 of tho Companies Act. 2013.

(viii)    There are no such transaction or undisclosed income that need to be disclosed in accordance with p^rcvision of Companies Act. 2013.

(ix)    The Company has net tradod or invested in Cryptc currency or virtual currency during tho financial year.

(x)    There is no Income earned from any foreign source during the financial year. Accordingly, the income from foreign sources is reflected as NIL in the financial statements.

(xi)    Utilisation of borrowed funds and share premium.

(a) The Company has not advanced or loaned or invested funds (either borrowed funds or share premium or any other sources or kind of funds) to any other person(s) or entity(ies). including foreign entities (Intermediaries) with the understanding (whether recorded in writing or otherwise) that the Intermediary shall:-

i.    Directly or indirectly end or invest in other oe^rsons or entit'es identified in any manner whatsoever by or on behalf of the Company (Ultimate Beneficiaries) or

ii.    Provide any guarantee, security or the like to or on behalf of tne Ultimate Benefic'ar es;

(b)The Company has not receivec any fund •‘rom any person(s) or entity(ies). including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that tne Company shall

i. Directly or indirectly lend or invest in other persors cr entities identified in any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries) or

II. Provide any guarantee, security or the like on beha f of the Ultimate Beoe^ielades.

34. Previous year's figures have been re-arranged or re-grcupeo wherever considered necessary to confirm with the current year's presentation.