M/s.

SHRI BHAGAVATHI STEELS

No. 49/13,
Amman Nagar,
Denkanikottai Road, Hosur
TamilNadu - 635 110

Balance Sheet as at 31-03-2025

(Amount in Rs)
Particulars Note 31 March 2025 31 March 2024

I EQUITY AND LIABILITIES

1 Owners' Funds
(a) Owners' Capital Account 3 1,59,97,348 1,46,55,066
(b) Reserves and surplus 4 - -
1,59,97,348 1,46,55,066
2 Non-current liabilities
(a) Long-term borrowings 5 85,81,901 1,12,45,954
(b) Deferred tax liabilities (Net) 6 - -
(c) Other long-term liabilities 7 - -
(d) Long-term provisions 8 - -
85,81,901 1,12,45,954
3 Current liabilities
(a) Short-term borrowings 5 20,02,000.00 19,00,000.00
(b) Trade payables 9 1,42,69,551.00 1,06,83,368.00
(c) Other current liabilities 10 2,76,200.00 1,59,022.00
(d) Short-term provisions 8 4,70,207.00 3,67,142.00
1,70,17,958.00 1,31,09,532.00
Total 4,15,97,207.00 3,90,10,552.00

II ASSETS
1 Non-current assets
(a) Property, Plant and Equipment and Intangible assets
(i) Property, Plant and Equipment 11 93,50,453.00 94,21,320.00
(ii) Intangible assets 11 - -
(iii) Capital work in progress 11 - -
(iv) Intangible asset under development 11 - -
(b) Non-current investments 12 - -
(c) Deferred tax assets (Net) 6 - -
(d) Long Term Loans and Advances 13 2,46,000.00 4,50,000.00
(e) Other non-current assets 14 1,000.00 1,000.00
95,97,453.00 98,72,320.00
2 Current assets
(a) Current investments 12 - -
(b) Inventories 15 80,84,783.00 92,39,541.00
(c) Trade receivables 16 2,29,58,340.00 1,68,33,843.00
(d) Cash and bank balances 17 5,52,818.00 17,00,643.00
(e) Short Term Loans and Advances 13 2,04,782.00 11,78,816.00
(f) Other current assets 18 1,99,031.00 1,85,389.00
3,19,99,754.00 2,91,38,232.00
Total 4,15,97,207.00 3,90,10,552.00

Brief about the Entity 1

Summary of significant accounting policies 2

The accompanying notes are an integral part of the financial

statements
M/s. SHRI BHAGAVATHI STEELS

No. 49/13,

Amman Nagar,

Denkanikottai Road, Hosur

TamilNadu - 635 110

Notes forming part of the Financial Statements for the year ended, 31st March, 2025

Note - 1 Brief abount the entity

The business is engaged in the trading of cement, steel, catering primarily to construction companies, contractors, and retail customers. We supply a wide range of high-
quality building and construction materials used in residential, commercial, and industrial [Link] cement trading includes various grades suitable for structural and
finishing work. We deal in steel products such as TMT bars, angles, channels, and sheets used for reinforcement and fabrication purposes.

Note - 2 Significant Accounting Policies

ANNEXURE-I
Note - 3 Owners' Capital Account

(Amount in Rs.)

Sr. No. Name of Partner/ Share of As at 1st April Capital Remuneration Interest for the Withdrawals Share of Profit / As at 31st March
Proprietor/ Owner profit/ (loss) 2024 (Opening Introduced/contr for the year year during the year Loss for the year 2025 (Closing
(%) Balance) ibuted during the Balance)
year

1 Mr. M. MARIMUTHU 100.00% 1,46,55,066.00 3,02,035.00 - - 8,50,000.00 18,90,247.00 1,59,97,348.00

1,46,55,066.00 3,02,035.00 - - 8,50,000.00 18,90,247.00 1,59,97,348.00

Previous Year (PY) 1,05,02,186.00 28,51,218.00 - 4,00,000.00 17,01,662.00 1,46,55,066.00

M/s. SHRI BHAGAVATHI STEELS
No. 49/13,
Amman Nagar,

Denkanikottai Road, Hosur

TamilNadu - 635 110

Notes forming part of the Financial Statements for the year ended 31st March, 2025

(Amount in Rs.)

4 Reserves and surplus 31 March 2025 31 March 2024

(a) Capital Reserve - -

(b) Revaluation Reserve - -

(c) Other Reserve (Please specify) - -

(d) Undistributed Surplus (Balance from statement of profit and loss) - -

Total - -

Long Term Short Term

5 Borrowings 31 March 2025 31 March 2024 31 March 2025 31 March 2024

Secured

(a) Term loans

from banks - 15,42,000 - -

from other parties - - - -

(b) Loans repayable on demand

from banks - - - -

from other parties - - - -

(c) Deferred payment liabilities - - - -

(d) Loans and advances from related parties - - - -

(e) Long term/current maturitites of finance lease obligation - -
(f) Other loans advances (specify nature) - - - -

Total (A) - 15,42,000 - -

Unsecured
(a) Term loans

from banks - - - -
from other parties - - 20,02,000 19,00,000

(b) Loans repayable on demand

from banks 85,81,901 97,03,954 - -
from other parties - - -

(c) Deferred payment liabilities - - - -

(d) Loans and advances from related parties - - - -
(e) Long term/current maturitites of finance lease obligation - - - -

(f) Other loans advances (specify nature) - - - -

Total (B) 85,81,901 97,03,954 20,02,000 19,00,000

Total (A) + (B) 85,81,901 1,12,45,954 20,02,000 19,00,000

Foot Note:

(i) Nature of the Security to be specified separately.

(ii) Terms of repayment of terms loans and other loans shall be stated.

(iii) Where loans guranteed by partners/proprietors/owners aggregate of such amount under each head shall be disclosed.

6 Deferred tax liabilities/(asset) (Net) 31 March 2025 31 March 2024

Charge/ (benefit)
for the year

Deferred tax asset

Expenses provided but allowable in Income Tax on payment basis - - -

Provision for doubtful debts Nil Nil Nil

Others (please specify) - - -

Gross deferred tax asset (A) - - -
Deferred tax liability

Difference between book depreciation & tax depreciation Nil Nil Nil

Others (please specify) - - -

Gross deferred tax liability (B) - - -

Net deferred tax liability/(asset) (B-A) - - -

M/s. SHRI BHAGAVATHI STEELS
No. 49/13,

Amman Nagar,
Denkanikottai Road, Hosur

TamilNadu - 635 110

Notes forming part of the Financial Statements for the year ended 31st March, 2025

Property, Plant and Equipment and Intangible Assets (owned assets) (Amount in Rs.)
11
TANGIBLE ASSETS
Particulars /Assets
Freehold land Buildings Plant and Equipment Office equipment Furniture & Fixtures Vehicles Others (Jewellery) Total
Gross Block
At 1 April 2024 77,09,250.00 - 2,621.00 7,526.00 6,177.00 11,95,746.00 5,00,000.00 94,21,320.00

Additions - 58,051.00 - - - - 58,051.00

Deductions/Adjustments - 3,02,778.00 3,02,778.00

At 1 Oct 2024 -

Additions - - - 6,73,048.00 6,73,048.00

Deductions/Adjustments 3,02,035.00 - 3,02,035.00

At 31 March 2025 74,07,215.00 - 60,672.00 7,526.00 6,177.00 15,66,016.00 5,00,000.00 95,47,606.00

At 31 March 2024 77,09,250.00 3,083.00 9,407.00 6,863.00 14,06,760.00 5,00,000.00 96,35,363.00

Depreciation/Adjustments

At 1 April 2024 393.00 3,010.00 618.00 1,33,945.20 1,37,966.20

Additions 8,708.00 - - - 8,708.00
Deductions/Adjustments

At 1 Oct 2024 -

Additions - - - 50,479.00 50,479.00

Deductions/Adjustments

At 31 March 2025 - - 9,101.00 3,010.00 618.00 1,84,424.00 - 1,97,153.00

At 31 March 2024 462.00 1,881.00 686.00 2,11,014.00 2,14,043.00

Net Block

At 31 March 2024 77,09,250.00 - 2,621.00 7,526.00 6,177.00 11,95,746.00 5,00,000.00 94,21,320.00

At 31 March 2025 74,07,215.00 - 51,571.00 4,516.00 5,559.00 13,81,592.00 5,00,000.00 93,50,453.00

M/s. SHRI BHAGAVATHI STEELS

No. 49/13,

Amman Nagar,

Denkanikottai Road, Hosur

TamilNadu - 635 110

Notes forming part of the Financial Statements for the year ended 31st March, 2025

(Amount in Rs.)
7 Other long-term liabilities 31 March 2025 31 March 2024

Advance from customers - -

Others (please specify) - -

Total Other long-term liabilities - -

8 Provisions Long term Short term

31 March 2025 31 March 2024 31 March 2025 31 March 2024

(a) Provision for employee benefits

Provision for gratuity - - - -

Provision for leave Encashment - - - -

Salary and other Allowance - - 46,500 26,500

(b) Other provisions - - - -

Provision for Income tax [net of advance tax of Rs.___ (previous year - - 4,23,707 3,40,642
Rs.___)
Other Provisions (Please Specify - eg/- Provision for warranties / Provision - - - -
for Sales Return)
Other (specify nature) - - - -

Total Provisions - - 4,70,207 3,67,142

9 Trade payables 31 March 2025 31 March 2024

(a) Total outstanding dues of micro, small and medium enterprises 1,42,69,551 1,06,83,368

(b) Total outstanding dues of creditors other than micro, small and medium enterprises - -
Total Trade payables 1,42,69,551 1,06,83,368

Disclosure relating to suppliers registered under MSMED Act based on the information available with the entity
Company:

Particulars 31 March 2025 31 March 2024

(a) Amount remaining unpaid to any supplier at the end of each accounting year:

Principal 1,42,69,551 1,06,83,368

Interest - -

Total - -

(b) The amount of interest paid by the buyer in terms of section 16 of the MSMED Act, along with the amount of the - -
(c) The amount of interest due and payable for the period of delay in making payment (which have been paid but - -
(d) The amount of interest accrued and remaining unpaid at the end of each accounting year. - -

(e) The amount of further interest remaining due and payable even in the succeeding years, until such date when - -
the interest dues above are actually paid to the small enterprise, for the purpose of disallowance of a deductible
expenditure under section 23 of the MSMED Act.

10 Other current liabilities 31 March 2025 31 March 2024

(a) Current maturities of finance lease obligations - -

(b) Interest accrued but not due on borrowings - -

(c) Interest accrued and due on borrowings - -

(d) Income received in advance - -

(e) Unearned revenue - -

(f) Goods and Service tax payable 59,304 19,643

(g) TDS payable 24,510 -

(h) Other payables (specify nature) -

Audit Fees Payable 50,000 30,000

Book Keeping Charges 75,000 70,000

Rent Payable 34,167 10,000
EB Payable 8,219 4,379

Accounting Charges 25,000 25,000

Total Other current liabilities 2,76,200 1,59,022

M/s. SHRI BHAGAVATHI STEELS
No. 49/13,
Amman Nagar,
Denkanikottai Road, Hosur
TamilNadu - 635 110

Notes forming part of the Financial Statements for the year ended 31st March, 2025

(Amount in Rs.)
12 Investments - Non Current and Current As at 31 March 2025 As at 31 March 2024
(valued at historical cost unless stated otherwise) Face Numbers/ Units/ Numbers/ Units/
Book Value Book Value
Value Shares Shares
Trade Investments -Quoted
(a) Investments in Other Entities
Less: Provision for diminution in value of investments NA - NA
(b) Investments in partnership firm (Refer footnote 1) - - -

Other Investments
(c) Investments in preference shares - - -
Total Investments - - - -

Trade Investments - Unquoted

(a) Investments in Other Entities - - -
Less: Provision for diminution in value of investments - - -
- -
(b) Investments in partnership firm (Refer footnote 1) - - - -

Other Investments
(c) Investments in preference shares - - -
Total Investments - - - -

Aggregate market value as at the end of the year:

Footnote 1: Details of investment in partnership firm 31 March 2025 31 March 2024

Name of partner with % share in profits of such firm
0 - - -
- -
Total capital of the firm (Amount in Rs.) -

Current Investments As at 31 March 2025 As at 31 March 2024

Face Numbers/ Units/ Numbers/ Units/
Book Value Book Value
Value Shares Shares
Trade (valued at lower of cost or market value) - Quoted
(a) Current maturities of long-term investments - -
Net current investments - -

Trade (valued at lower of cost or market value) - Unquoted

(a) Current maturities of long-term investments

(g) Other Short-term investments (specify nature) - -

Net current investments - -
Grand Total - -
Aggregate value of quoted investments and market value thereof. - -
Aggregate value of quoted investments. - -
Aggregate Provision for diminution in value of investments. - -

Long Term Short Term

13 Loans and advances 31 March 2025 31 March 2024 31 March 2025 31 March 2024
A (Secured)

(a) Capital advances

Considered good - - - -
Doubtful NA NA NA NA
Less: Provision for doubtful advances - - - -
(a) - - - -
(b) Loans advances to partners or relative of partners - - - -

(c) Other loans and advances (specify nature) - - - -

Prepaid expenses - - - -
Advance tax and tax deducted at source [Net of provision for income tax of Rs.
___ (previous year Rs. ___)] - - - -
CENVAT credit receivable
(b) - - - -
Total (a)+(b) (A) - - - -
Long Term Short Term
B Loans and advances 31 March 2025 31 March 2024 31 March 2025 31 March 2024
(Unsecured)
(a) Capital advances
Considered good - - - -
Doubtful - - 2,04,782 11,78,816
Less: Provision for doubtful advances - - - -
(a) - - 2,04,782 11,78,816
(b) Loans advances to partners or relative of partners - - - -

(c) Other loans and advances (specify nature) - - - -

Prepaid expenses - - - -
CENVAT credit receivable
VAT credit receivable - - - -
Service tax credit receivable - - - -
GST input credit receivable - - - -
Security Deposits 2,46,000 4,50,000
Balance with government authorities
(b) 2,46,000 4,50,000 - -
Total (a)+(b) (B) 2,46,000 4,50,000 2,04,782 11,78,816

Total (A + B) 2,46,000 4,50,000 2,04,782 11,78,816

M/s. SHRI BHAGAVATHI STEELS
No. 49/13,
Amman Nagar,
Denkanikottai Road, Hosur
TamilNadu - 635 110

Notes forming part of the Financial Statements for the year ended 31st March, 2025

14 Other non-current assets 31 March 2025 31 March 2024

(a) Security Deposits 1,000 1,000
(b) Prepaid expenses - -
(c) Others - -
Total other non-current other assets 1,000 1,000

15 Inventories 31 March 2025 31 March 2024

(a) Raw materials - -
(b) Work-in-progress - -
(c) Finished goods 80,84,783 92,39,541
(d) Stock-in-trade - -
(e) Stores and spares - -
(f) Loose Tools - -
(g) Others (Specify nature) - -
[Goods in transit to be disclosed under relevant sub-head of inventories]
Total 80,84,783 92,39,541

16 Trade receivables 31 March 2025 31 March 2024

Outstanding for a period less than 6 months from the date they are due for receipt
(a) Secured Considered good - -
(b) Unsecured Considered good 2,29,58,340 1,68,33,843
(c) Doubtful - -
Less: Provision for doubtful receivables - -
2,29,58,340 1,68,33,843
Outstanding for a period exceeding 6 months from the date they are due for receipt
(a) Secured Considered good - -
(b) Unsecured Considered good - -
(c) Doubtful - -
Less: Provision for doubtful receivables - -
Unbilled receivables - -
- -
Total 2,29,58,340 1,68,33,843

17 Cash and Bank Balances 31 March 2025 31 March 2024

A Cash and cash equivalents
(a) On current accounts 35,465 12,05,688
(b) Cash credit account (Debit balance) - -
(c) Fixed Deposits
Deposits with original maturity of less than three months - -
(d) Cheques, drafts on hand - -
(e) Cash on hand 67,353 44,955
Total (I) 1,02,818 12,50,643

B Other bank balances

(a) Bank Deposits
(i) Earmarked Bank Deposits - -
Deposits with original maturity for more than 3 months but less than 12 months
(ii) from reporting date - -
(iii) Margin money or deposits under lien - -
(iv) Others (Deposit for Good) 4,50,000 4,50,000
Total other bank balances (II) 4,50,000 4,50,000
Total Cash and bank balances (I+II) 5,52,818 17,00,643

18 Other current assets 31 March 2025 31 March 2024

(Specify nature)
Tcs & Tds Receivable 1,99,031 1,85,389
(This is an all-inclusive heading, which incorporates current assets that do not fit into any other asset categories) - -
(a) Interest accrued but not due on deposits - -
(b) Interest accrued and due on deposits - -
Total 1,99,031 1,85,389