అకౌంట్స్ గమనికలుKN Agri Resources Ltd.

Mar 31, 2025

xxi. Cash and cash equivalents

Cash and cash equivalent in the Balance Sheet comprise cash at banks and on hand and short
term deposits with an original maturity of three months or less, which are subject to
insignificant risk of changes in value.

xxii. Cash Flow Statement

The Cash Flow Statement has been prepared under the "Indirect Method" as set outin the
Indian Accounting Standard (Ind AS-7) - Statement of Cash Flow.

xxiii. Financial liabilities and equity instruments

Classification as debt or equity

Debt and equity instruments issued by a Company are classified as either financial liabilities
or as equity in accordance with the substance of the contractual arrangements and the
definitions of a financial liability and an equity instrument.

Equity Instruments

An equity instrument is any contract that evidences a residual interest in the assets of an entity
after deducting all of its liabilities. Equity instruments issued by a Company entity are
recognised at the proceeds received, net of direct issue costs. Repurchase of the Company''s
own equity instruments is recognised and deducted directly in equity. No gain or loss is
recognised in statement of profit and loss on the purchase, sale, issue or cancellation of the
Company''s own equity instruments.

Financial liabilities

All financial liabilities are subsequently measured at amortized cost using the effective interest
method.

xxiv. Earnings per equity share

Basic earnings per equity share are computed by dividing the net profit attributable to the
equity holders of the company by the weighted average number of equity shares outstanding
during the period. Diluted earnings per equity share is computed by dividing the net profit

attributable to the equity holders of the company by the weighted average number of equity
shares considered for deriving basic earnings per equity share and also the weighted average
number of equity shares that could have been issued upon conversion of all dilutive potential
equity shares. The dilutive potential equity shares are adjusted for the proceeds receivable
had the equity shares been actually issued at fair value (i.e. the average market value of the
outstanding equity shares). Dilutive potential equity shares are deemed converted as of the
beginning of the period, unless issued at a later date. Dilutive potential equity shares are
determined independently for each period presented. The number of equity shares and
potentially dilutive equity shares are adjusted retrospectively for all periods.

xxv. Critical accounting estimates and judgments

In the application of the Company''s accounting policies, the directors of the Company are
required to make judgments, estimates and assumptions about the carrying amounts of assets
and liabilities that are not readily apparent from other sources. The estimates and associated
assumptions are based on historical experience and other factors that are considered to be
relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to
accounting estimates are recognized in the period in which the estimate is revised if the
revision affects only that period or in the period of the revision and future periods if the
revision affects both current and future periods. Detailed information about each of these
estimates and judgments is included in relevant notes together with information about the
basis of calculation for each affected line item in the financial statements.

The areas involving critical estimates are:

- Estimation of current tax and deferred tax expense

- Estimation of values of contingent liabilities

Estimates and judgment are continually evaluated. They are based on historical experience and other
factors, including expectations of future events that may have a financial impact on the Company and
that are believed to be reasonable under the circumstances.

33. No provision has been made for leave encasement. It is explained to us that the above expense are debited in
books on cash basis.

34. Company has borrowings from banks on the basis of security of current assets and has submitted all the
requirement and document with bank.

35. All the Immovable Property are held in the name of Company.

36. The Company has disclosed investment at Cost/market value, whichever is lower.

37. During the Year Company has not revalued its Property, Plant and Equipment (including Right-of-Use Assets).

38. During the Year Company has not revalued its intangible assets.

39. Capital-Work-in Progress (CWIP) - Rs. 1.40 crore Capital- Work-n Progress as on March 31, 2025

Ageing Schedule

40. No Intangible assets under development

41. No proceedings have been initiated during the year or are pending against the Company as at March 31, 2025 for
holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (as amended in 2016) and
rules made thereunder.

42. The Company was not declared willful defaulter by any bank or financial Institution or other lender.

43. As per the available records, the Company does not have any transaction with the Companies which are Struck
off as per Sec 248 Companies Act 2013 or Sec 560 of Companies Act 1956.

44. Charges amounting to Rs. 1.60 Cr could not be satisfied due non granting of Loan closure letter pursuant to
demerger of the Lender.

45. As on the date company have 2 subsidiary companies one is wholly owned subsidiary i.e K.N Retail Private limited
and another is Sharaad KN Bio-Organic Private Limited with 51% control. And the compliance with number of
layers of companies is not applicable to the companies.

46. As on date company has not entered in Scheme(s) of Arrangements in terms of sections 230 to 237 of the
Companies Act, 2013

47. Company has utilized the Borrowed Funds and share premium for the purpose for which it is raised.

48. As on date company does not have any share application money pending for allotment.

49. Company has not issued any preference share or convertible securities.

Snol: The current Ratio - Ratio have a positive effect due to significant decrease in short term Borrowings to Rs.50.99 Crores
(PY Rs.110.21 Crores).

Sno2: Debt Equity Ratio - The overall change in the Short-term borrowing has a significant impact in the ratio. Short term
borrowing in current year (Rs. 50.99 Crores) as compare to previous year (Rs. 110.21 Crores).

Sno3: Debt Service Coverage Ratio - Ratio have a positive effect due to significant decrease in short term Borrowings to
Rs.50.99 Crores (PY Rs.110.21 Crores).

Sno4: Return on Equity Ratio- The ratio has changed mainly due to the increase in Shareholder''s Equity and variation in Net
Profit which is due to volatility in price of commodity in the market.

Sno5: Inventory Turnover Ratio- The ratio has changed mainly due to the increase in Average Inventory to Rs. 236.95 Crore
(PY Rs. 191.42 Crore)

Sno6: Trade Receivable Turnover Ratio - The ratio has changed due to decline in the Average Trade Receivable to Rs. 79.46
Crores (PY Rs. 112.82 Crores).

Sno7: Trade Payables are at very low levels almost 1 day of Total Purchase. Same is at consistent level at Rs. 5.43 Crores (PY
Rs. 5.05 Crores). Slight increase in Creditors have result in change in Ratio.

Sno.8: Net Capital Turnover Ratio- The ratio has been changed mainly due to increase in the working capital to Rs.296.63
Crores (PY Rs.263.64 Crores).

Sno9: Net Profit Ratio- The ratio has changed mainly due to variation in Net Profit which is due to volatility in price of
commodity in the market.

Sno10: Return on Capital Employed- The ratio has changed mainly due to increase in EBIT and Shareholder''s Equity.

Sno11: Return on Investment/Total Assets- The ratio has changed mainly due to increase in Net Profit to Rs 36.90 Crore (PY
Rs. 31.26 Crore).

All the non current asset of the group are located in India.

III. The group do not have revenue from transactions with a single external customer,
exceeding to 10% of the total revenue.

52. MICRO, SMALL & MEDIUM ENTERPRISES

As per the information available with the Company, the Company does not owe any dues (principal
as well interest) as at 31^st March 2025 to Micro, Small & Medium enterprises. Company had paid
all dues according the provisions under Micro, Small & Medium Enterprises Development Act, 2006.
The amount of interest paid by the Company in terms of Section 16 of the Micro, Small and Medium
Enterprises Development Act, 2006, along with the amount of the payment made to the supplier
beyond the appointed day during each accounting year -Nil

53. Corporate Social Responsibility

As per Section 135 of Companies Act 2013, a company meeting the applicability of threshold, needs
to spend at least 2% of its average net profit for the immediately preceding three financial years on
Corporate Social Responsibility (CSR) Activities. The Areas for CSR activities are eradication of hunger
and malnutrition, promoting education, art& culture, health care, destitute care and rehabilitation,

54. Crypto Currency Transaction during the year NIL.

55. Previous year''s figure have been regrouped, rearranged and recast where ever it is necessary.

56. Contingent Liability:

• Claims against the company not acknowledged as debt:

A demand of Rs. 0.44cr has been raised against the company on account of Lease Rent by
District Trade Industry Center MP.

• Guarantees:

NA

• Other money for which the company is contingently liable:

NA

57. Note no. 1 to 58 forms an integral part of Financial Statement.

AS PER OUR REPORT OF EVEN DATE ANNEXED
For, Pukhraj & Associates
Chartered Accountants
Firm Reg. No. 002013C

Vijay Shrishrimal Dhirendra Shrishrimal

(Chairman & Managing Director) (Whole Time Director & CFO)

DIN:00323316 DIN:00324169

Pukhraj Jain
Partner
M.No.071192

Neelam Wadhwani

(Company Secretary & Compliance Officer)

M.No. A71818
Date: 30.05.2025
Place: Raipur

UDIN: 25071192BNFURX6959

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Mar 31, 2024

xxiii. Financial liabilities and equity instruments Classification as debt or equity

Debt and equity instruments issued by a Company are classified as either financial liabilities or as equity in accordance with the substance of the contractual arrangements and the definitions of a financial liability and an equity instrument.

Equity Instruments

An equity instrument is any contract that evidences a residual interest in the assets of an entity after deducting all of its liabilities. Equity instruments issued by a Company entity are recognised at the proceeds received, net of direct issue costs. Repurchase of the Company''s own equity instruments is recognised and deducted directly in equity. No gain or loss is recognised in statement of profit and loss on the purchase, sale, issue or cancellation of the Company''s own equity instruments.

Financial liabilities

All financial liabilities are subsequently measured at amortized cost using the effective interest method.

xxiv. Earnings per equity share

Basic earnings per equity share are computed by dividing the net profit attributable to the equity holders of the company by the weighted average number of equity shares outstanding during the period. Diluted earnings per equity share is computed by dividing the net profit attributable to the equity holders of the company by the weighted average number of equity shares considered for deriving basic earnings per equity share and also the weighted average number of equity shares that could have been issued upon conversion of all dilutive potential equity shares. The dilutive potential equity shares are adjusted for the proceeds receivable had the equity shares been actually issued at fair value (i.e. the average market value of the outstanding equity shares). Dilutive potential equity shares are deemed converted as of the beginning of the period, unless issued at a later date. Dilutive potential equity shares are determined independently for each period presented. The number of equity shares and potentially dilutive equity shares are adjusted retrospectively for all periods.

xxv. Critical accounting estimates and judgments

In the application of the Company''s accounting policies, the directors of the Company are required to make judgments, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods. Detailed information about each of these estimates and judgments is included in relevant notes together with information about the basis of calculation for each affected line item in the financial statements.

The areas involving critical estimates are:

- Estimation of current tax and deferred tax expense

- Estimation of values of contingent liabilities

Estimates and judgment are continually evaluated. They are based on historical experience and other factors, including expectations of future events that may have a financial impact on the Company and that are believed to be reasonable under the circumstances.

50. As on date company does not have any share application money pending for allotment.

51. Company has not issued any preference share or convertible securities.

52. The following are analytical ratios for the year ended March 31, 2024 and March 31, 2023

Sno1: The current Ratio - Ratio have an adverse effect due to significant increase in the value short term Borrowings to Rs. 110.21 Crores (PY Rs. 79.29 Crores).

Sno2: Debt Equity Ratio - The overall change in the Short-term borrowing to meet the Working Capital Requirement has a significant impact in the ration in current year (Rs. 110.21 Crores) as compare to previous year (Rs. 79.29 Crores).

Sno4: Return on Equity Ratio- The ratio have changed mainly due to the increase in Shareholder''s Equity and variation in Net Profit is due to volatility in price of commodity in the market.

Sno6: Trade Receivable Turnover Ratio - The ratio have been impacted adversely due to decline in the total revenue of Rs. 1699.67 Crores (PY Rs. 2236.15 Crores).

Sno7: Trade Payables are at very low levels almost 1 day of Total Purchase. Same is at consistent level at Rs. 5.05 Crores (PY Rs. 6.05 Crores). Slight reduction in Creditors have result in change in Ratio.

Sno.8: Net Capital Turnover Ratio- The ratio have been changed mainly due to increase in the working capital to Rs.263.66 Crores (PY Rs. 230.58 Crores).

Sno9: Net Profit Ratio- The ratio have changed mainly due to variation in Net Profit is due to volatility in price of commodity in the market and due to decrease in revenue to 1706.05 crore (PY Rs.2237.76 crores)

Sno10: Return on Capital Employed- The ratio have changed mainly due to increase in Shareholder''s Equity.

Sno11: Return on Investment/Total Assets- The ratio have changed mainly due to increase in total Assets to Rs.456.11 crore (PY Rs. 382.83 crore).

54. MICRO, SMALL & MEDIUM ENTERPRISES

As per the information available with the Company, the Company does not owe any dues (principal as well interest) as at 31^st March 2024 to Micro, Small & Medium enterprises. Company had paid all dues according the provisions under Micro, Small & Medium Enterprises Development Act, 2006. The amount of interest paid by the Company in terms of Section 16 of the Micro, Small and Medium Enterprises Development Act, 2006, along with the amount of the payment made to the supplier beyond the appointed day during each accounting year -Nil

55. Corporate Social Responsibility

As per Section 135 of Companies Act 2013, a company meeting the applicability of threshold, needs to spend at least 2% of its average net profit for the immediately preceding three financial years on Corporate Social Responsibility (CSR) Activities. The Areas for CSR activities are eradication of hunger and malnutrition, promoting education, art& culture, health care, destitute care and rehabilitation, environment sustainability, disaster relief and rural development project. A CSR committee is formed by the company as per the act.

56. Crypto Currency Transaction during the year NIL.

57. Previous year''s figure have been regrouped, rearranged and recast where ever it is necessary.

58.

59. Note no. 1 to 58 forms an integral part of Financial Statement.

AS PER OUR REPORT OF EVEN DATE ANNEXED

For, Narendra Kumar Jain Chartered Accountants Firm Reg. No. 004110C

Vijay Shrishrimal Dhirendra Shrishrimal

(Chairman & Managing Director) (Whole Time Director & CFO)

DIN:00323316 DIN: 00324169

Narendra Kumar Jain Partner

M.No.073155

Neelam Wadhwani

(Company Secretary & Compliance Officer)

Date:

Place: Raipur UDIN:

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Mar 31, 2023

Financial liabilities

All financial liabilities are subsequently measured at amortized cost using the effective interest method.

xxiv. Earnings per equity share

Basic earnings per equity share are computed by dividing the net profit
attributable to the equity holders of the company by the weighted average
number of equity shares outstanding during the period. Diluted earnings per
equity share is computed by dividing the net profit attributable to the equity
holders of the company by the weighted average number of equity shares
considered for deriving basic earnings per equity share and also the weighted
average number of equity shares that could have been issued upon conversion of
all dilutive potential equity shares. The dilutive potential equity shares are
adjusted for the proceeds receivable had the equity shares been actually issued
at fair value (i.e. the average market value of the outstanding equity shares).
Dilutive potential equity shares are deemed converted as of the beginning of the
period, unless issued at a later date. Dilutive potential equity shares are
determined independently for each period presented. The number of equity
shares and potentially dilutive equity shares are adjusted retrospectively for all
periods.

xxv. Critical accounting estimates and judgments

In the application of the Company''s accounting policies, the directors of the
Company are required to make judgments, estimates and assumptions about the
carrying amounts of assets and liabilities that are not readily apparent from
other sources. The estimates and associated assumptions are based on historical
experience and other factors that are considered to be relevant. Actual results
may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis.
Revisions to accounting estimates are recognized in the period in which the
estimate is revised if the revision affects only that period or in the period of the
revision and future periods if the revision affects both current and future
periods. Detailed information about each of these estimates and judgments is
included in relevant notes together with information about the basis of
calculation for each affected line item in the financial statements.

The areas involving critical estimates are:

- Estimation of current tax and deferred tax expense

- Estimation of values of contingent liabilities

Estimates and judgment are continually evaluated. They are based on historical
experience and other factors, including expectations of future events that may
have a financial impact on the Company and that are believed to be reasonable
under the circumstances.