DUKE - PIPES - PRIVATE - LIMITED - 2018-19 - Financial Statement - XML

DUKE PIPES PRIVATE LIMITED
Standalone Financial Statements for period 01/04/2018 to 31/03/2019
(generated by PrivateCircle)
[100100] Balance sheet
Unless otherwise specified, all monetary values are in INR

Period FY 2019 FY 2018
Balance sheet [Abstract]
Equity and liabilities [Abstract]
Shareholders' funds [Abstract]
Share capital 45,000,000.00 45,000,000.00
Reserves and surplus 47,814,677.00 24,421,069.00
Money received against share warrants 0 0
Total shareholders' funds 92,814,677.00 69,421,069.00
Share application money pending allotment 0 0
Deferred government grants 0 0
Minority interest 0 0
Non-current liabilities [Abstract]
Long-term borrowings 146,120,608.00 73,083,541.00
Deferred tax liabilities (net) 10,166,814.00 7,396,673.00
Other long-term liabilities 3,166,803.00 29,706,803.00
Long-term provisions 0 0
Total non-current liabilities 159,454,225.00 110,187,017.00
Current liabilities [Abstract]
Short-term borrowings 134,171,000.00 71,136,252.00
Trade payables 239,262,532.00 142,721,371.00
Other current liabilities 35,647,974.00 100,585,192.00
Short-term provisions 3,093,820.00 5,255,188.00
Total current liabilities 412,175,326.00 319,698,003.00
Total equity and liabilities 664,444,228.00 499,306,089.00
Assets [Abstract]
Non-current assets [Abstract]
Fixed assets [Abstract]
Tangible assets 246,127,149.00 157,883,419.00
Intangible assets 551,755.00 645,969.00
Tangible assets capital work-in-progress 0 73,541,058.00
Intangible assets under development or work-in-progress 0 0
Total fixed assets 246,678,904.00 232,070,446.00
Non-current investments 0 0
Long-term loans and advances 344,230.00 262,900.00
Total non-current assets 247,023,134.00 232,333,346.00
Current assets [Abstract]
Current investments 0 0
Inventories 151,684,377.00 89,481,642.00
Trade receivables 213,231,057.00 152,596,471.00
Cash and bank balances 23,635,673.00 1,749,986.00
Short-term loans and advances 28,806,567.00 23,142,635.00
Other current assets 63,420.00 2,009.00
Total current assets 417,421,094.00 266,972,743.00
Total assets 664,444,228.00 499,306,089.00
DUKE PIPES PRIVATE LIMITED Standalone Financial Statements for period 01/04/2018 to 31/03/2019 (generated by PrivateCircle)
[100200] Statement of profit and loss

Statement of profit and loss [Abstract]
Disclosure of revenue from operations [Abstract]
Disclosure of revenue from operations for other than finance company [Abstract]
Revenue from sale of products 1,425,776,914.00 797,542,018.00
Revenue from sale of services 0 0
Other operating revenues 277,227.00 10,448,376.00
Excise duty 0 14,958,605.00
Service tax collected 0 0
Other duties taxes collected 0 0
Total revenue from operations other than finance company 1,426,054,141.00 793,031,789.00
Disclosure of revenue from operations for finance company [Abstract]
Revenue from interest 5,754,357.00 1,374,305.00
Revenue from other financial services 0 0
Total revenue from operations finance company 5,754,357.00 1,374,305.00
Total revenue from operations 1,431,808,498.00 794,406,094.00
Other income 1,223,857.00 441,506.00
Total revenue 1,433,032,355.00 794,847,600.00
Expenses [Abstract]
Cost of materials consumed 1,164,655,928.00 637,125,689.00
Purchases of stock-in-trade 0 716,056.00
Changes in inventories of finished goods, work-in-progress and stock-in-trade -47,303,009.00 14,189,157.00
Employee benefit expense 89,678,810.00 21,218,791.00
Finance costs 35,600,628.00 24,707,608.00
Depreciation, depletion and amortisation expense [Abstract]
Depreciation expense 24,545,318.00 14,011,817.00
Amortisation expense 94,214.00 85,934.00
Depletion expense 0 0
Total depreciation, depletion and amortisation expense 24,639,532.00 14,097,751.00
CSR expenditure 0 0
Other expenses 132,805,356.00 43,871,054.00
Total expenses 1,400,077,245.00 755,926,106.00
Total profit before prior period items, exceptional items, extraordinary items and tax 32,955,110.00 38,921,494.00
Total profit before extraordinary items and tax 32,955,110.00 38,921,494.00
Total profit before tax 32,955,110.00 38,921,494.00
Tax expense [Abstract]
Current tax 6,791,360.00 8,532,149.00
Deferred tax 2,770,141.00 5,949,383.00
Total tax expense 9,561,501.00 14,481,532.00
Total profit (loss) for period from continuing operations 23,393,609.00 24,439,962.00
Profit (loss) from discontinuing operations before tax 0 0
Tax expense of discontinuing operations 0 0
Total profit (loss) from discontinuing operation after tax 0 0
Total profit (loss) for period before minority interest 23,393,609.00 24,439,962.00
Profit (loss) of minority interest 0 0
Share of profit (loss) of associates 0 0
Total profit (loss) for period 23,393,609.00 24,439,962.00
Additional disclosure on discontinuing operations [Abstract]
Pre-tax gain or loss recognised on disposal of assets or settlement of liabilities attributable to discontinuing
operations 0 0
Earnings per equity share [Abstract]
Basic earning per equity share [INR/shares] 5.20 [INR/shares] 5.43
Diluted earnings per equity share [INR/shares] 5.20 [INR/shares] 5.43
[INR/shares] [INR/shares]
Nominal value of per equity share 10.00 10.00
2
[100300] Cash flow statement, direct

Statement of cash flows [Abstract]
Whether cash flow statement is applicable on company Yes Yes
Cash flows from used in operating activities [Abstract]
Net cash flows from (used in) operations 30,054,540.00 10,169,681.00
Dividends received 0 0
Interest paid 0 0
Interest received 0 0
Income taxes paid (refund) 9,508,500.00 6,109,686.00
Other inflows (outflows) of cash 0 0
Net cash flows from (used in) operating activities before extraordinary items 20,546,040.00 4,059,995.00
Proceeds from extraordinary items 0 0
Payment for extraordinary items 0 0
Net cash flows from (used in) operating activities 20,546,040.00 4,059,995.00
Cash flows from used in investing activities [Abstract]
Cash flows from losing control of subsidiaries or other businesses 0 0
Cash flows used in obtaining control of subsidiaries or other businesses 0 0
Other cash receipts from sales of equity or debt instruments of other entities 0 0
Other cash payments to acquire equity or debt instruments of other entities 0 0
Other cash receipts from sales of interests in joint ventures 0 0
Other cash payments to acquire interests in joint ventures 0 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability
partnerships 0 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0 0
Proceeds from sales of tangible assets 0 0
Purchase of tangible assets 39,247,991.00 26,384,459.00
Proceeds from sales of intangible assets 0 0
Purchase of intangible assets 0 0
Cash advances and loans made to other parties 0 0
Cash receipts from repayment of advances and loans made to other parties 0 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0 0
Interest received 493,401.00 137,118.00
Income taxes paid (refund) 0 0
Other inflows (outflows) of cash -60,376,950.00 0
Proceeds from government grants 0 0
Net cash flows from (used in) investing activities before extraordinary items -99,131,540.00 -26,247,341.00
Net cash flows from (used in) investing activities -99,131,540.00 -26,247,341.00
Cash flows from used in financing activities [Abstract]
Proceeds from issuing shares 0 0
Proceeds from issuing other equity instruments 0 0
Proceeds from issuing debentures notes bonds etc 0 0
Proceeds from borrowings 136,071,815.00 45,437,031.00
Repayments of borrowings 0 0
Dividends paid 0 0
Interest paid 0 0
Other inflows (outflows) of cash -35,600,628.00 -24,707,607.00
Net cash flows from (used in) financing activities before extraordinary items 100,471,187.00 20,729,424.00
Net cash flows from (used in) financing activities 100,471,187.00 20,729,424.00
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 21,885,687.00 -1,457,922.00
Effect of exchange rate changes on cash and cash equivalents [Abstract]
Effect of exchange rate changes on cash and cash equivalents 0 0
Net increase (decrease) in cash and cash equivalents 21,885,687.00 -1,457,922.00
Cash and cash equivalents cash flow statement at end of period 23,635,673.00 1,749,986.00
3
[100400] Cash flow statement, indirect

Statement of cash flows [Abstract]
Whether cash flow statement is applicable on company Yes Yes
Cash flows from used in operating activities [Abstract]
Profit before extraordinary items and tax 32,955,110.00 38,921,494.00
Adjustments for reconcile profit (loss) [Abstract]
Adjustments to profit (loss) [Abstract]
Adjustments for finance costs 35,600,628.00 24,707,607.00
Adjustments for depreciation and amortisation expense 24,639,532.00 14,097,751.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0 0
Adjustments for unrealised foreign exchange losses gains 0 0
Adjustments for dividend income 0 0
Adjustments for share-based payments 0 0
Other adjustments for which cash effects are investing or financing cash flow -493,401.00 -137,118.00
Other adjustments to reconcile profit (loss) 0 0
Other adjustments for non-cash items 0 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0 0
Total adjustments to profit (loss) 59,746,759.00 38,668,240.00
Adjustments for working capital [Abstract]
Adjustments for decrease (increase) in inventories -62,202,736.00 3,848,358.00
Adjustments for decrease (increase) in trade receivables -60,634,586.00 -121,895,950.00
Adjustments for decrease (increase) in other current assets -5,806,671.00 -5,951,175.00
Adjustments for increase (decrease) in trade payables 65,996,664.00 56,578,714.00
Adjustments for increase (decrease) in other current liabilities 0 0
Adjustments for provisions 0 0
Total adjustments for working capital -62,647,329.00 -67,420,053.00
Total adjustments for reconcile profit (loss) -2,900,570.00 -28,751,813.00
Net cash flows from (used in) operations 30,054,540.00 10,169,681.00
Interest paid 0 0
Interest received 0 0
Income taxes paid (refund) 9,508,500.00 6,109,686.00
Other inflows (outflows) of cash 0 0
Net cash flows from (used in) operating activities before extraordinary items 20,546,040.00 4,059,995.00
Net cash flows from (used in) operating activities 20,546,040.00 4,059,995.00
Cash flows from used in investing activities [Abstract]
Cash flows from losing control of subsidiaries or other businesses 0 0
Cash flows used in obtaining control of subsidiaries or other businesses 0 0
Other cash receipts from sales of equity or debt instruments of other entities 0 0
Other cash payments to acquire equity or debt instruments of other entities 0 0
Other cash receipts from sales of interests in joint ventures 0 0
Other cash payments to acquire interests in joint ventures 0 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability
partnerships 0 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0 0
Proceeds from sales of tangible assets 0 0
Purchase of tangible assets 39,247,991.00 26,384,459.00
Proceeds from sales of intangible assets 0 0
Purchase of intangible assets 0 0
Cash advances and loans made to other parties 0 0
Cash receipts from repayment of advances and loans made to other parties 0 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0 0
Interest received 493,401.00 137,118.00
Other inflows (outflows) of cash -60,376,950.00 0
Proceeds from government grants 0 0
Net cash flows from (used in) investing activities before extraordinary items -99,131,540.00 -26,247,341.00
Net cash flows from (used in) investing activities -99,131,540.00 -26,247,341.00
Cash flows from used in financing activities [Abstract]
4
Proceeds from issuing shares 0 0

Proceeds from issuing other equity instruments 0 0
Proceeds from issuing debentures notes bonds etc 0 0
Proceeds from borrowings 136,071,815.00 45,437,031.00
Repayments of borrowings 0 0
Dividends paid 0 0
Interest paid 0 0
Other inflows (outflows) of cash -35,600,628.00 -24,707,607.00
Net cash flows from (used in) financing activities before extraordinary items 100,471,187.00 20,729,424.00
Net cash flows from (used in) financing activities 100,471,187.00 20,729,424.00
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 21,885,687.00 -1,457,922.00
Effect of exchange rate changes on cash and cash equivalents [Abstract]
Effect of exchange rate changes on cash and cash equivalents 0 0
Net increase (decrease) in cash and cash equivalents 21,885,687.00 -1,457,922.00
Cash and cash equivalents cash flow statement at end of period 23,635,673.00 1,749,986.00
5
[200100] Notes - Share capital

Disclosure of details on private placement of share [Abstract]
Disclosure of details on private placement of preference share [Abstract]
Number of persons on private placement of preference share [INR] 0.00 [INR] 0.00
Disclosure of number of shareholders allottees [Abstract]
Number of shareholders of company [INR] 6.00 [INR] 10.00
Number of allottees in case of preferential allotment [INR] 0.00 [INR] 0.00
Disclosure of public offering [Abstract]
Whether money raised from public offering during year No No
Disclosure of classes of share capital [Table] ..(1)

Classes of share capital [Axis] Share capital [Member] Equity shares [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [Line Items]
Number of shares authorised [shares] 4,990,000 [shares] 4,990,000 [shares] 4,990,000 [shares] 4,990,000
Value of shares authorised 49,900,000.00 49,900,000.00 49,900,000.00 49,900,000.00
Number of shares issued [shares] 4,500,000 [shares] 4,500,000 [shares] 4,500,000 [shares] 4,500,000
Value of shares issued 45,000,000.00 45,000,000.00 45,000,000.00 45,000,000.00
Number of shares subscribed and fully paid [shares] 4,500,000 [shares] 4,500,000 [shares] 4,500,000 [shares] 4,500,000
Value of shares subscribed and fully paid 45,000,000.00 45,000,000.00 45,000,000.00 45,000,000.00
Number of shares subscribed but not fully paid [shares] 0 [shares] 0 [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0 0 0
[shares] [shares] [shares] [shares]
Total number of shares subscribed 4,500,000.00 4,500,000.00 4,500,000.00 4,500,000.00
Total value of shares subscribed 45,000,000.00 45,000,000.00 45,000,000.00 45,000,000.00
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 4,500,000 [shares] 4,500,000 [shares] 4,500,000 [shares] 4,500,000
Value of shares called 45,000,000.00 45,000,000.00 45,000,000.00 45,000,000.00
Calls unpaid [Abstract]
Calls unpaid by directors and officers [Abstract]
Calls unpaid by directors 0 0 0 0
Calls unpaid by officers 0 0 0 0
Total calls unpaid by directors and officers 0 0 0 0
Calls unpaid by others 0 0 0 0
Total calls unpaid 0 0 0 0
Forfeited shares 0 0 0 0
Forfeited shares reissued 0 0 0 0
Value of shares paid-up 45,000,000.00 45,000,000.00 45,000,000.00 45,000,000.00
Reconciliation of number of shares outstanding [Abstract]
Changes in number of shares outstanding [Abstract]
Increase in number of shares outstanding [Abstract]
Number of shares issued in public offering [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as bonus shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as rights [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued in private placement arising
out of conversion of debentures preference shares
during period [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued in other private placement [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as preferential allotment
arising out of conversion of debentures preference
shares during period [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as other preferential allotment [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares allotted for contracts without payment
received in cash [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued under scheme of amalgamation [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of other issues of shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued under employee stock option
plan [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of other issue of shares arising out of
conversion of securities [shares] 0 [shares] 0 [shares] 0 [shares] 0
Total aggregate number of shares issued during period [shares] 0.00 [shares] 0.00 [shares] 0.00 [shares] 0.00
Decrease in number of shares during period [Abstract]
Number of shares bought back [shares] 0 [shares] 0 [shares] 0 [shares] 0
6
Other decrease in number of shares [shares] 0 [shares] 0 [shares] 0 [shares] 0

Total decrease in number of shares during period [shares] 0.00 [shares] 0.00 [shares] 0.00 [shares] 0.00
Total increase (decrease) in number of shares outstanding [shares] 0.00 [shares] 0.00 [shares] 0.00 [shares] 0.00
Number of shares outstanding at end of period 4,500,000.00 4,500,000.00 4,500,000.00 4,500,000.00
Reconciliation of value of shares outstanding [Abstract]
Changes in share capital [Abstract]
Increase in share capital during period [Abstract]
Amount of public issue during period 0 0 0 0
Amount of bonus issue during period 0 0 0 0
Amount of rights issue during period 0 0 0 0
Amount of private placement issue arising out of
conversion of debentures preference shares during
period 0 0 0 0
Amount of other private placement issue during period 0 0 0 0
Amount of preferential allotment issue arising out of
conversion of debentures preference shares during
period 0 0 0 0
Amount of other preferential allotment issue during
period 0 0 0 0
Amount of issue allotted for contracts without payment
received in cash during period 0 0 0 0
Amount of issue under scheme of amalgamation during
period 0 0 0 0
Amount of other issues during period 0 0 0 0
Amount of employee stock option plan issued during
period 0 0 0 0
Amount of other issue arising out of conversion of
securities during period 0 0 0 0
Total aggregate amount of increase in share capital
during period 0 0 0 0
Decrease in share capital during period [Abstract]
Decrease in amount of shares bought back 0 0 0 0
Other decrease in amount of shares 0 0 0 0
Total decrease in share capital during period 0 0 0 0
Total increase (decrease) in share capital 0 0 0 0
Share capital at end of period 45,000,000.00 45,000,000.00 45,000,000.00 45,000,000.00
Rights preferences and restrictions attaching to class of share Textual Textual Textual Textual
capital Information (1) Information (2) Information (3) Information (4)
Amount of shares reserved for issue under options and
contracts or commitments for sale of shares or disinvestment 0 0 0 0
Original paid-up value of forfeited shares 0 0 0 0
Details of application money received for allotment of
securities and due for refund and interest accrued thereon
[Abstract]
Application money received for allotment of securities and
due for refund and interest accrued thereon [Abstract]
Application money received for allotment of securities
and due for refund, principal 0 0 0 0
Application money received for allotment of securities
and due for refund, interest accrued 0 0 0 0
Total application money received for allotment of
securities and due for refund and interest accrued thereon 0 0 0 0
Number of shares proposed to be issued [shares] 0 [shares] 0 [shares] 0 [shares] 0
Share premium for shares to be allotted 0 0 0 0
Disclosure of classes of share capital [Table] ..(2)

Classes of share capital [Axis] Equity shares 1 [Member]
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [Line Items]
Type of share Equity Equity
Number of shares authorised [shares] 4,990,000 [shares] 4,990,000
Value of shares authorised 49,900,000.00 49,900,000.00
Number of shares issued [shares] 4,500,000 [shares] 4,500,000
Value of shares issued 45,000,000.00 45,000,000.00
Number of shares subscribed and fully paid [shares] 4,500,000 [shares] 4,500,000
Value of shares subscribed and fully paid 45,000,000.00 45,000,000.00
7
Number of shares subscribed but not fully paid [shares] 0 [shares] 0

Value of shares subscribed but not fully paid 0 0
[shares] [shares]
Total number of shares subscribed 4,500,000.00 4,500,000.00
Total value of shares subscribed 45,000,000.00 45,000,000.00
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 4,500,000 [shares] 4,500,000
Value of shares called 45,000,000.00 45,000,000.00
Calls unpaid [Abstract]
Calls unpaid by directors and officers [Abstract]
Calls unpaid by directors 0 0
Calls unpaid by officers 0 0
Total calls unpaid by directors and officers 0 0
Calls unpaid by others 0 0
Total calls unpaid 0 0
Forfeited shares 0 0
Forfeited shares reissued 0 0
Value of shares paid-up 45,000,000.00 45,000,000.00
[INR/shares] [INR/shares]
Par value per share 10.00 10.00
Amount per share called in case shares not fully called [INR/shares] 0.00 [INR/shares] 0.00
Reconciliation of number of shares outstanding [Abstract]
Changes in number of shares outstanding [Abstract]
Increase in number of shares outstanding [Abstract]
Number of shares issued in public offering [shares] 0 [shares] 0
Number of shares issued as bonus shares [shares] 0 [shares] 0
Number of shares issued as rights [shares] 0 [shares] 0
Number of shares issued in private placement arising out of conversion of debentures preference
shares during period [shares] 0 [shares] 0
Number of shares issued in other private placement [shares] 0 [shares] 0
Number of shares issued as preferential allotment arising out of conversion of debentures preference
shares during period [shares] 0 [shares] 0
Number of shares issued as other preferential allotment [shares] 0 [shares] 0
Number of shares allotted for contracts without payment received in cash [shares] 0 [shares] 0
Number of shares issued under scheme of amalgamation [shares] 0 [shares] 0
Number of other issues of shares [shares] 0 [shares] 0
Number of shares issued under employee stock option plan [shares] 0 [shares] 0
Number of other issue of shares arising out of conversion of securities [shares] 0 [shares] 0
Total aggregate number of shares issued during period [shares] 0.00 [shares] 0.00
Decrease in number of shares during period [Abstract]
Number of shares bought back [shares] 0 [shares] 0
Other decrease in number of shares [shares] 0 [shares] 0
Total decrease in number of shares during period [shares] 0.00 [shares] 0.00
Total increase (decrease) in number of shares outstanding [shares] 0.00 [shares] 0.00
[shares] [shares]
Number of shares outstanding at end of period 4,500,000.00 4,500,000.00
Reconciliation of value of shares outstanding [Abstract]
Changes in share capital [Abstract]
Increase in share capital during period [Abstract]
Amount of public issue during period 0 0
Amount of bonus issue during period 0 0
Amount of rights issue during period 0 0
Amount of private placement issue arising out of conversion of debentures preference shares during
period 0 0
Amount of other private placement issue during period 0 0
Amount of preferential allotment issue arising out of conversion of debentures preference shares
during period 0 0
Amount of other preferential allotment issue during period 0 0
Amount of issue allotted for contracts without payment received in cash during period 0 0
Amount of issue under scheme of amalgamation during period 0 0
Amount of other issues during period 0 0
Amount of employee stock option plan issued during period 0 0
Amount of other issue arising out of conversion of securities during period 0 0
Total aggregate amount of increase in share capital during period 0 0
Decrease in share capital during period [Abstract]
Decrease in amount of shares bought back 0 0
Other decrease in amount of shares 0 0
Total decrease in share capital during period 0 0
Total increase (decrease) in share capital 0 0
8
Share capital at end of period 45,000,000.00 45,000,000.00

Textual Textual
Rights preferences and restrictions attaching to class of share capital Information (5) Information (6)
Amount of shares reserved for issue under options and contracts or commitments for sale of shares or
disinvestment 0 0
Original paid-up value of forfeited shares 0 0
Details of application money received for allotment of securities and due for refund and interest accrued
thereon [Abstract]
Application money received for allotment of securities and due for refund and interest accrued thereon
[Abstract]
Application money received for allotment of securities and due for refund, principal 0 0
Application money received for allotment of securities and due for refund, interest accrued 0 0
Total application money received for allotment of securities and due for refund and interest accrued
thereon 0 0
Number of shares proposed to be issued [shares] 0 [shares] 0
Share premium for shares to be allotted 0 0
Disclosure of shareholding more than five per cent in company [Table] ..(1)

Classes of share capital [Axis] Share capital [Member]
Name of shareholder [Axis] Name of shareholder [Member]
Disclosure of shareholding more than five per cent in company [Abstract]
Whether there are any shareholders holding more than five per cent shares in company Yes Yes

Name of shareholder [Axis] Name of shareholder [Member] Shareholder 1 [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
Disclosure of shareholding more than five per cent in company
[Abstract]
[Line Items]
Type of share Equity Equity Equity Shares Equity Shares
Dinesh Kumar K Dinesh Kumar K
Name of shareholder Patel Patel
PAN of shareholder AGEPP2097G AGEPP2097G
Country of incorporation or residence of shareholder INDIA INDIA
Number of shares held in company [shares] 1,530,000 [shares] 270,000
Percentage of shareholding in company 34% 6%

Name of shareholder [Axis] Shareholder 2 [Member] Shareholder 3 [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
[Abstract]
[Line Items]
Type of share Equity Shares Equity Shares Equity Shares Equity Shares
Bhaveshkumar V Bhaveshkumar V
Name of shareholder Shantilal N Patel Shantilal N Patel Patel Patel
PAN of shareholder AITPP4221D AITPP4221D AOUPP9494F AOUPP9494F
Country of incorporation or residence of shareholder INDIA INDIA INDIA INDIA
Number of shares held in company [shares] 1,350,000 [shares] 270,000 [shares] 360,000 [shares] 0
Percentage of shareholding in company 30% 6% 8% 0%
9

Period FY 2019 FY 2018 FY 2019 FY 2018
[Abstract]
[Line Items]
Name of shareholder Meenaben P Patel Meenaben P Patel Lilaben R Patel Lilaben R Patel
PAN of shareholder AEGPP7180L AEGPP7180L AEGPP7179B AEGPP7179B
Number of shares held in company [shares] 0 [shares] 405,000 [shares] 0 [shares] 540,000

Period FY 2019 FY 2018 FY 2019 FY 2018
[Abstract]
[Line Items]
Name of shareholder Parth P Patel Parth P Patel Dipen R Patel Dipen R Patel
PAN of shareholder BFTPP9740P BFTPP9740P BHSPP8287N BHSPP8287N
Number of shares held in company [shares] 0 [shares] 1,125,000 [shares] 0 [shares] 450,000

Period FY 2019 FY 2018 FY 2019 FY 2018
[Abstract]
[Line Items]
Name of shareholder Pushpaben S Patel Pushpaben S Patel Geetaben D Patel Geetaben D Patel
PAN of shareholder ALKPP4520H ALKPP4520H ALKPP4499F ALKPP4499F
Number of shares held in company [shares] 540,000 [shares] 540,000 [shares] 540,000 [shares] 540,000
Textual information (1): Rights preferences and restrictions attaching to class of share capital
The company has only one class of equity shares having a par value of Rs. 10 per share. Each shareholder is eligible for one vote per share
held. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the company after distribution of all
preferential amount in proportion to their shareholding.
10
11
[200200] Notes - Reserves and surplus
Statement of changes in reserves [Table]

Components of reserves [Axis] Reserves [Member] Surplus [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
Statement of changes in reserves [Abstract]
Statement of changes in reserves [Line Items]
Changes in reserves [Abstract]
Additions to reserves [Abstract]
Profit (loss) for period 23,393,609.00 24,439,962.00 23,393,609.00 24,439,962.00
Other additions to reserves 0 0 0 0
Total additions to reserves 23,393,609.00 24,439,962.00 23,393,609.00 24,439,962.00
Deductions to reserves [Abstract]
Other utilisation of securities premium if permitted 0 0 0 0
Other deductions to reserves 0 0 0 0
Total deductions to reserves 0 0 0 0
Appropriations for dividend, dividend tax and general
reserve [Abstract]
Dividend appropriation [Abstract]
Interim dividend appropriation [Abstract]
Interim equity dividend appropriation 0 0 0 0
Interim preferred dividend appropriation 0 0 0 0
Interim special dividend appropriation 0 0 0 0
Total interim dividend appropriation 0 0 0 0
Final dividend appropriation [Abstract]
Final equity dividend appropriation 0 0 0 0
Final preferred dividend appropriation 0 0 0 0
Final special dividend appropriation 0 0 0 0
Total final dividend appropriation 0 0 0 0
Total dividend appropriation 0 0 0 0
Dividend tax appropriation [Abstract]
Equity dividend tax appropriation 0 0 0 0
Preferred dividend tax appropriation 0 0 0 0
Total dividend tax appropriation 0 0 0 0
Other appropriations 0 0 0 0
Transfer to general reserve 0 0 0 0
Total appropriations for dividend, dividend tax and
general reserve 0 0 0 0
Appropriation towards bonus shares 0 0 0 0
Total changes in reserves 23,393,609.00 24,439,962.00 23,393,609.00 24,439,962.00
Reserves at end of period 47,814,677.00 24,421,069.00 47,814,677.00 24,421,069.00
12
[200300] Notes - Borrowings
Classification of borrowings [Table] ..(1)

Classification based on time period [Axis] Long-term [Member]
Classification of borrowings [Axis] Term loans from banks [Member] Rupee term loans from banks [Member]
Subclassification of borrowings [Axis] Secured borrowings [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
Details of borrowings [Abstract]
Details of borrowings [Line Items]
Borrowings 56,539,036.00 73,083,541.00 56,539,036.00 73,083,541.00
Details on loans guaranteed [Abstract]
Aggregate amount of loans guaranteed by directors 56,539,036.00 73,083,541.00 56,539,036.00 73,083,541.00
Aggregate amount of loans guaranteed by others 0 0 0 0
Details on defaults on borrowings [Abstract]
Outstanding amount of continuing default principal 0 0 0 0
Outstanding amount of continuing default interest 0 0 0 0

Loans and
advances from Loans and
related parties advances from
Classification of borrowings [Axis] [Member] others [Member]
Subclassification of borrowings [Axis] Unsecured borrowings [Member]
Period FY 2019
Borrowings 89,581,572.00 89,581,572.00
Aggregate amount of loans guaranteed by directors 0 0
Aggregate amount of loans guaranteed by others 0 0
Outstanding amount of continuing default principal 0 0
Outstanding amount of continuing default interest 0 0

Classification based on time period [Axis] Short-term [Member]
Classification of borrowings [Axis] Term loans from banks [Member] Rupee term loans from banks [Member]
Subclassification of borrowings [Axis] Secured borrowings [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
Borrowings 134,171,000.00 71,136,252.00 134,171,000.00 71,136,252.00
Aggregate amount of loans guaranteed by directors 0 0 0 0
Aggregate amount of loans guaranteed by others 0 0 0 0
Outstanding amount of continuing default principal 0 0 0 0
Outstanding amount of continuing default interest 0 0 0 0
13
[200600] Notes - Subclassification and notes on liabilities and assets

Subclassification and notes on liabilities and assets [Abstract]
Other long-term liabilities notes [Abstract]
Other long-term liabilities [Abstract]
Trade payables, long-term 0 0
Others, long-term [Abstract]
Others long-term, others 3,166,803.00 29,706,803.00
Total others, long-term 3,166,803.00 29,706,803.00
Total other long-term liabilities 3,166,803.00 29,706,803.00
Other current liabilities notes [Abstract]
Other current liabilities [Abstract]
Current maturities of long-term debt 17,847,073.00 16,163,347.00
Interest accrued but not due on borrowings 620,606.00 552,985.00
Interest accrued and due on borrowings 0 0
Interest accrued but not due on public deposits 0 0
Interest accrued and due on public deposits 0 0
Debentures claimed but not paid 0 0
Unpaid dividends 0 0
Application money received for allotment of securities and due for refund and interest accrued thereon
[Abstract]
Application money received for allotment of securities and due for refund, principal 0 0
Application money received for allotment of securities and due for refund, interest accrued 0 0
Total application money received for allotment of securities and due for refund and interest accrued
thereon 0 0
Unpaid matured deposits and interest accrued thereon 0 0
Unpaid matured debentures and interest accrued thereon 0 0
Other payables, current [Abstract]
Public deposit payable, current 0 0
Total other payables, current 0 0
Advance received from customers 8,190,951.00 18,947,547.00
Current liabilities portion of share application money pending allotment 0 0
Other current liabilities, others 8,989,344.00 64,921,313.00
Total other current liabilities 35,647,974.00 100,585,192.00
Details of application money received for allotment of securities and due for refund and interest accrued
thereon [Abstract]
Number of shares proposed to be issued [shares] 0 [shares] 0
Share premium for shares to be allotted 0 0
Trade receivables notes [Abstract]
Trade receivables [Abstract]
Aggregate amount of trade receivables outstanding for period exceeding six months 9,537,001.00 5,056,877.00
Cash and bank balances notes [Abstract]
Cash and bank balances [Abstract]
Classification of cash and bank balances [Abstract]
Cash and cash equivalents [Abstract]
Balance with banks [Abstract]
Fixed deposits with banks 16,607,542.00 1,640,657.00
Other balances with banks 6,863,875.00 79,940.00
Total balance with banks 23,471,417.00 1,720,597.00
Cash on hand 164,256.00 29,389.00
Total cash and cash equivalents 23,635,673.00 1,749,986.00
Total cash and bank balances 23,635,673.00 1,749,986.00
Details of balances held with banks to extent held as margin money or security against borrowings,
guarantees or other commitments [Abstract]
Balances held with banks to extent held as margin money 0 0
Balances held with banks to extent held as security against borrowings 0 0
Balances held with banks to extent held as guarantees 0 0
Balances held with banks to extent held against other commitments 0 0
Total balances held with banks to extent held as margin money or security against borrowings,
guarantees or other commitments 0 0
Bank deposits with more than twelve months maturity 0 0
Other current assets notes [Abstract]
Other current assets [Abstract]
Other current assets, others 63,420.00 2,009.00
Total other current assets 63,420.00 2,009.00
14
Disclosure of breakup of provisions [Table]

Disclosure of breakup of provisions [Abstract]
Disclosure of breakup of provisions [Line Items]
Provisions [Abstract]
Provisions for employee benefits [Abstract]
Provision gratuity 0 0
Provision leave encashment 0 0
Provision pension 0 0
Provision employee insurance scheme 0 0
Provision other employee related liabilities 784,970.00 229,198.00
Total provisions for employee benefits 784,970.00 229,198.00
Provision for corporate tax [Abstract]
Provision for current tax 0
Provision for wealth tax 0
Provision for fringe benefit tax 0
Provision for other tax 2,308,850.00 5,025,990.00
Provision for corporate dividend tax 0
Total provision for corporate tax 2,308,850.00 5,025,990.00
Provision for proposed dividend [Abstract]
Provision for proposed equity dividend [Abstract]
Provision for proposed equity interim dividend 0 0
Provision for proposed equity final dividend 0 0
Provision for proposed equity special dividend 0 0
Total provision for proposed equity dividend 0 0
Provision for proposed preference dividend [Abstract]
Provision for proposed preference interim dividend 0 0
Provision for proposed preference final dividend 0 0
Provision for proposed preference special dividend 0 0
Total provision for proposed preference dividend 0 0
Total provision for proposed dividend 0 0
Provision for statutory liabilities 0 0
CSR expenditure provision 0 0
Provision for abandonment cost 0 0
Other provisions 0 0
Total provisions 3,093,820.00 5,255,188.00
Loans and advances [Table] ..(1)

Classification of loans and advances [Axis] Capital advances [Member] Security deposits [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
Loans and advances [Abstract]
Disclosure of loans and advances [Line Items]
Loans and advances, gross 123,230.00 241,900.00 221,000.00 21,000.00
Allowance for bad and doubtful loans and advances 0 0 0 0
Loans and advances 123,230.00 241,900.00 221,000.00 21,000.00
Details of loans and advances due by directors, other officers
or others [Abstract]
Loans and advances due by directors 0 0 0 0
Loans and advances due by other officers 0 0 0 0
Loans and advances due by others 0 0 0 0
Total loans and advances due by directors, other officers or
others 0 0 0 0
Details of loans and advances due by firms or companies in
which any director is partner or director [Abstract]
Loans and advances due by firms in which any director is
partner 0 0 0 0
Loans and advances due by private companies in which any
director is director 0 0 0 0
director is member 0 0 0 0
Total loans and advances due by firms or companies in
which any director is partner or director 0 0 0 0
15

Classification of loans and advances [Axis] Loans advances value be received [Member] Advance tax [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
Loans and advances, gross 738,987.00 733,827.00 28,067,580.00 22,408,808.00
Allowance for bad and doubtful loans and advances 0 0 0 0
Loans and advances 738,987.00 733,827.00 28,067,580.00 22,408,808.00
Details of loans and advances due by directors, other officers
or others [Abstract]
Loans and advances due by directors 0 0 0 0
Loans and advances due by other officers 0 0 0 0
Loans and advances due by others 0 0 0 0
Total loans and advances due by directors, other officers or
others 0 0 0 0
Details of loans and advances due by firms or companies in
Loans and advances due by firms in which any director is
partner 0 0 0 0
director is director 0 0 0 0
director is member 0 0 0 0
Total loans and advances due by firms or companies in
which any director is partner or director 0 0 0 0

Classification of loans and advances [Axis] Other advance taxes [Member]
Loans and advances, gross 28,067,580.00 22,408,808.00
Allowance for bad and doubtful loans and advances 0 0
Loans and advances 28,067,580.00 22,408,808.00
Details of loans and advances due by directors, other officers or others [Abstract]
Loans and advances due by directors 0 0
Loans and advances due by other officers 0 0
Loans and advances due by others 0 0
Total loans and advances due by directors, other officers or others 0 0
Details of loans and advances due by firms or companies in which any director is partner or director
[Abstract]
Loans and advances due by firms in which any director is partner 0 0
Loans and advances due by private companies in which any director is director 0 0
Loans and advances due by private companies in which any director is member 0 0
Total loans and advances due by firms or companies in which any director is partner or director 0 0
Classification of inventories [Table] ..(1)

Classification of inventories [Axis] Company total inventories [Member] Raw materials [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
Classification of inventories [Abstract]
Details of inventories [Line Items]
Inventories 151,684,377.00 89,481,642.00 51,985,445.00 37,085,719.00
Goods in transit 0 0 0 0
Textual Textual Textual Textual
Mode of valuation Information (7) Information (8) Information (9) Information (10)
Classification of inventories [Table] ..(2)
16
Classification of inventories [Axis] Work-in-progress [Member] Finished goods [Member]

Period FY 2019 FY 2018 FY 2019 FY 2018
Classification of inventories [Abstract]
Details of inventories [Line Items]
Inventories 20,120,347.00 3,780,871.00 79,578,585.00 48,615,052.00
Goods in transit 0 0 0 0
Textual Textual Textual Textual
Mode of valuation Information (11) Information (12) Information (13) Information (14)
Subclassification of trade receivables [Table]

Classification of assets based on security
Classification of assets based on security [Axis] [Member] Unsecured considered good [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
Subclassification of trade receivables [Abstract]
Subclassification of trade receivables [Line Items]
Breakup of trade receivables [Abstract]
Trade receivables, gross 213,231,057.00 152,596,471.00 213,231,057.00 152,596,471.00
Allowance for bad and doubtful debts 0 0 0 0
Total trade receivables 213,231,057.00 152,596,471.00 213,231,057.00 152,596,471.00
Details of trade receivables due by directors, other officers or
others [Abstract]
Trade receivables due by directors 0 0
Trade receivables due by other officers 0 0
Trade receivables due by others 0 0
Total trade receivables due by directors, other officers or
others 0 0
Details of trade receivables due by firms or companies in
Trade receivables due by firms in which any director is
partner 0 0
Trade receivables due by private companies in which any
director is director 0 0
Trade receivables due by private companies in which any
director is member 0 0
Total trade receivables due by firms or companies in which
any director is partner or director 0 0
Textual information (7): Mode of valuation
Closing stock of finished goods, trading goods, semi-finished goods and raw material are valued at lower of cost or net realizable value. Cost of
inventories comprise of all cost of purchase, cost of conversion and other cost incurred in bringing them to their respective present location and
condition. Cost of is determined on FIFO basis.
17
18
[200700] Notes - Additional disclosures on balance sheet

Additional balance sheet notes [Abstract]
Contingent liabilities and commitments [Abstract]
Classification of commitments [Abstract]
Estimated amount of contracts remaining to be executed on capital account and not provided for 0 158,100.00
Total commitments 0 158,100.00
Total contingent liabilities and commitments 0 158,100.00
Details regarding dividends [Abstract]
Amount of dividends proposed to be distributed to equity shareholders 0 0
Amount of per share dividend proposed to be distributed to equity shareholders [INR/shares] 0.00 [INR/shares] 0.00
Amount of per share dividend proposed to be distributed to preference shareholders [INR/shares] 0.00 [INR/shares] 0.00
Percentage of proposed dividend 0% 0%
Details of deposits [Abstract]
Deposits accepted or renewed during period 0 0
Deposits matured and claimed but not paid during period 0 0
Deposits matured and claimed but not paid 0 0
Deposits matured but not claimed 0 0
Interest on deposits accrued and due but not paid 0 0
Disclosure of equity share warrants [Abstract]
Changes in equity share warrants during period [Abstract]
Additions to equity share warrants during period [INR] 0.00 [INR] 0.00
Deductions in equity share warrants during period [INR] 0.00 [INR] 0.00
Total changes in equity share warrants during period [INR] 0.00 [INR] 0.00
Equity share warrants at end of period [INR] 0.00 [INR] 0.00
Breakup of equity share warrants [Abstract]
Equity share warrants for existing members [INR] 0.00 [INR] 0.00
Equity share warrants for others [INR] 0.00 [INR] 0.00
Total equity share warrants [INR] 0.00 [INR] 0.00
Details of share application money received and paid [Abstract]
Share application money received during year 0 0
Share application money paid during year 0 0
Amount of share application money received back during year 0 0
Amount of share application money repaid returned back during year 0 0
Number of person share application money paid during year [INR] 0.00 [INR] 0.00
Number of person share application money received during year [INR] 0.00 [INR] 0.00
Number of person share application money paid as at end of year [INR] 0.00 [INR] 0.00
Number of person share application money received as at end of year [INR] 0.00 [INR] 0.00
Details regarding cost records and cost audit[Abstract]
Details regarding cost records [Abstract]
Whether maintenance of cost records by company has been mandated under Companies (Cost Records
and Audit) Rules, 2014 No No
Details of unclaimed liabilities [Abstract]
Unclaimed share application refund money 0 0
Unclaimed matured debentures 0 0
Unclaimed matured deposits 0 0
Interest unclaimed amount 0 0
Financial parameters balance sheet items [Abstract]
Number of warrants converted into equity shares during period [INR] 0.00 [INR] 0.00
Number of warrants converted into preference shares during period [INR] 0.00 [INR] 0.00
Number of warrants converted into debentures during period [INR] 0.00 [INR] 0.00
Number of warrants issued during period (in foreign currency) [INR] 0.00 [INR] 0.00
Number of warrants issued during period (INR) [INR] 0.00 [INR] 0.00
19
[200800] Notes - Disclosure of accounting policies, changes in accounting policies and estimates

Period FY 2019
Textual
Disclosure of accounting policies, change in accounting policies and changes in estimates explanatory [Text Block] Information (15)
Textual information (15): Disclosure of accounting policies, change in accounting policies and changes in estimates
explanatory [Text Block]
1. Significant Accounting Policies

1.1 Basis of Preparation:
The Company maintains its accounts on accrual basis following the historical cost convention and in accordance with generally accepted
accounting principles ["GAAP"], including the Accounting Standards notified under the relevant provisions of the Companies Act, 2013.
1.2 Use of Estimates :
The preparation of financial statements is in conformity with generally accepted accounting principles (GAAP) requires management to make
estimates and assumptions that affect the reported amounts of assets and liabilities and reported amount of revenues and expenses during the
reporting period. Actual results could differ from these estimates. Any revision to accounting estimates is recognized prospectively in current and
future periods.
1.3 Revenue Recognition:
Revenue from sale of goods is recognized on transfer of all significant risk and rewards of ownership of the buyer. Sale is exclusive of Goods and
Service tax.
All other income are recognized and accounted on accrual basis.
1.4 Employee Benefits
a) Short term employee benefits and post-employment benefits under defined contribution plans are recognized as an expense at the
undiscounted amount in the profit and loss account of the year in which the related services is rendered.
b) Post-employment benefits under defined benefit plans are recognized as an expense in the profit and loss account for the year in which the
employee has rendered services. The expense is recognized at the present value of the amount payable towards contributions. The present
value is determined using the market yields of government bonds, at the balance sheet date, at the discounting rate.
c) Other long-term employee benefits are recognized as an expense in the profit and loss account for the period in which the employee has
rendered services. Estimated liability on account of long-term benefits is discounted to the current value, using the yield on government bonds,
as on the date of balance sheet, at the discounting rate.
d) Actuarial gains and losses in respect of post-employment and other long-term benefits are charged to the profit and loss account.
1.5 Foreign Currency Transactions:
Purchase and sale transactions are recorded in books by translating the foreign currency at the exchange rate prevailing on the date of
transaction. The difference of actual payments made / received and amount booked in the accounts as purchase / sales is treated as foreign
exchange gain / loss.
Current Assets and Current Liabilities in foreign currency outstanding at the close of the year are expressed in Indian currency at the exchange
rate prevailing on the balance sheet date .
1.6 Taxation:
(i) Current tax is determined as the amount of tax payable in respect of taxable income for the year.
(ii) Deferred tax is calculated at the tax rates and laws that have been enacted or substantially enacted as of the Balance Sheet date and is
recognized on timing difference that originate in one period and are capable of reversal in one or more subsequent periods. Deferred tax assets,
subject to consideration of prudence, are recognized and carried forward only to the extent that they can be realized.
1.7 Property, Plant & Equipment & Depreciation:
(i) Property, Plant & Equipment are stated at cost less depreciation. Cost includes all expenditure of capital in nature incurred to bring the assets
at its present location and conditions.
(ii) Depreciation on Property, Plant & Equipment is provided as per Straight Line Method and as per the life provided in Schedule II of the
Companies Act, 2013 except for the plant and equipment , where management has estimated useful life between 5 to 15 years. For the said
class of assets, based on internal assessment and technical evaluation carried out, the management believes that the useful lives as mentioned
best represent the period over which management expects to use these assets. Hence the useful lives for the class of assets are different from
the useful lives as prescribed under Part C of Schedule II of the Companies Act 2013.
(iii) Depreciation on additions of the assets during current year has been provided on pro-rata basis from the date of addition.
1.8 Intangible assets
An intangible asset is recognised, only where it is probable that future economic benefits attributable to the asset will accrue to the enterprise and
the cost can be measured reliably.
1.9 Impairment of Assets:
a) Consideration is given at each balance sheet date to determine whether there is any indication of impairment of the carrying amount of the
company's assets. If any indication exists, an assets recoverable amount is estimated. An impairment loss is recognized whenever the carrying
amount of an asset exceeds its recoverable amount.
b) Reversal of Impairment losses recognized in prior years are recorded when there is an indication that the impairment losses recognized for the
assets no longer exists or have decreased.
20
1.10 Inventories:
1.11 Borrowing Costs:
Borrowing costs attributable to the acquisition and construction of assets are capitalized as part of the cost of such assets up to the date when
such asset is ready for its intended use. Other borrowing costs are treated as revenue expenditure.
1.12 Provisions, Contingent Liability, Contingent Assets:
Provisions involving substantial degree of estimation in measurement are recognized when there is a present obligation as a result of past events
and it is probable that there will be an outflow of resources. Contingent Liabilities are not recognized but are disclosed in the notes. Contingent
Assets are neither recognized nor disclosed in the financial statements.
1.13 Government Grant / subsidy:
a) Grants are accounted when there is reasonable certainty of their realization.
b) Grants related to fixed depreciable assets are adjusted against the gross cost of the relevant assets.
c) Grant related to revenue is recognized on a systematic basis in the profit and loss account over the periods necessary to match them with the
related costs which they are intended to compensate.
1.14 General:
Accounting policies not specifically referred to are consistent with generally accepted accounting practice.
21
[201000] Notes - Tangible assets
Disclosure of tangible assets [Table] ..(1)

Classes of tangible assets [Axis] Company total tangible assets [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying
amount [Axis] Carrying amount [Member] Gross carrying amount [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [Line Items]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Additions other than through business combinations
tangible assets 88,700,781.00 12,277,210.00 88,700,781.00 12,277,210.00
Acquisitions through business combinations tangible
assets 24,088,266.00 0 24,088,266.00 0
Depreciation tangible assets -24,545,318.00 -14,011,817.00
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss
tangible assets 0 0
Revaluation increase (decrease) tangible assets 0 0 0 0
Disposals tangible assets [Abstract]
Disposals tangible assets through demergers 0 0 0 0
Disposals tangible assets, others 0 0 0 0
Total disposals tangible assets 0 0 0 0
Other adjustments tangible assets [Abstract]
Increase (decrease) through net exchange differences
tangible assets 0 0 0 0
Other adjustments tangible assets, others 0 0 0 0
Total other adjustments tangible assets 0 0 0 0
Total changes in tangible assets 88,243,729.00 -1,734,607.00 112,789,047.00 12,277,210.00
Tangible assets at end of period 246,127,149.00 157,883,419.00 296,345,250.00 183,556,203.00

Accumulated depreciation and impairment
Carrying amount accumulated depreciation and gross carrying amount [Axis] [Member]
Depreciation tangible assets 24,545,318.00 14,011,817.00
Reversal of impairment loss recognised in profit or loss tangible assets 0 0
Disposals tangible assets through demergers 0 0
Disposals tangible assets, others 0 0
Total disposals tangible assets 0 0
Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 24,545,318.00 14,011,817.00
Tangible assets at end of period 50,218,101.00 25,672,784.00
22
Classes of tangible assets [Axis] Land [Member]

Period FY 2019 FY 2018 FY 2019 FY 2018
assets 0 0 0 0
Depreciation tangible assets 0 0
tangible assets 0 0
Total changes in tangible assets 0 0 0 0

Total changes in tangible assets 0 0
Tangible assets at end of period 0 0

Sub classes of tangible assets [Axis] Owned assets [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
assets 0 0 0 0
23

tangible assets 0 0
Total changes in tangible assets 0 0 0 0

Total changes in tangible assets 0 0
Tangible assets at end of period 0 0

Classes of tangible assets [Axis] Buildings [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
assets 24,088,266.00 0 24,088,266.00 0
tangible assets 0 0
24

Total changes in tangible assets 21,526,517.00 -1,902,029.00 24,088,266.00 0


Classes of tangible assets [Axis] Office building [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
assets 24,088,266.00 0 24,088,266.00 0
tangible assets 0 0
25


Period FY 2019 FY 2018 FY 2019 FY 2018
assets 24,088,266.00 0 24,088,266.00 0
tangible assets 0 0

26


Classes of tangible assets [Axis] Plant and equipment [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
tangible assets 73,704,505.00 7,574,492.00 73,704,505.00 7,574,492.00
assets 0 0 0 0
tangible assets 0 0

27
Classes of tangible assets [Axis] Other plant and equipment [Member]

Period FY 2019 FY 2018 FY 2019 FY 2018
tangible assets 73,704,505.00 7,574,492.00 73,704,505.00 7,574,492.00
assets 0 0 0 0
tangible assets 0 0


Period FY 2019 FY 2018 FY 2019 FY 2018
tangible assets 73,704,505.00 7,574,492.00 73,704,505.00 7,574,492.00
assets 0 0 0 0
28

tangible assets 0 0


Classes of tangible assets [Axis] Furniture and fixtures [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
tangible assets 7,886,800.00 283,290.00 7,886,800.00 283,290.00
assets 0 0 0 0
tangible assets 0 0
29

Total changes in tangible assets 5,845,372.00 -763,790.00 7,886,800.00 283,290.00


Period FY 2019 FY 2018 FY 2019 FY 2018
tangible assets 7,886,800.00 283,290.00 7,886,800.00 283,290.00
assets 0 0 0 0
tangible assets 0 0
Total changes in tangible assets 5,845,372.00 -763,790.00 7,886,800.00 283,290.00
30


Classes of tangible assets [Axis] Vehicles [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
tangible assets 78,230.00 2,778,237.00 78,230.00 2,778,237.00
assets 0 0 0 0
Depreciation tangible assets -566,316.00 -7,612.00
tangible assets 0 0
Total changes in tangible assets -488,086.00 2,770,625.00 78,230.00 2,778,237.00

Depreciation tangible assets 566,316.00 7,612.00
31

Total changes in tangible assets 566,316.00 7,612.00
Tangible assets at end of period 573,928.00 7,612.00

Classes of tangible assets [Axis] Motor vehicles [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
tangible assets 78,230.00 2,778,237.00 78,230.00 2,778,237.00
assets 0 0 0 0
tangible assets 0 0

32

Period FY 2019 FY 2018 FY 2019 FY 2018
tangible assets 78,230.00 2,778,237.00 78,230.00 2,778,237.00
assets 0 0 0 0
tangible assets 0 0


Classes of tangible assets [Axis] Office equipment [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
tangible assets 1,728,844.00 1,392,178.00 1,728,844.00 1,392,178.00
assets 0 0 0 0
33

tangible assets 0 0
Total changes in tangible assets 251,941.00 230,331.00 1,728,844.00 1,392,178.00


Period FY 2019 FY 2018 FY 2019 FY 2018
tangible assets 1,728,844.00 1,392,178.00 1,728,844.00 1,392,178.00
assets 0 0 0 0
tangible assets 0 0
34

Total changes in tangible assets 251,941.00 230,331.00 1,728,844.00 1,392,178.00


Classes of tangible assets [Axis] Computer equipments [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
tangible assets 208,221.00 249,013.00 208,221.00 249,013.00
assets 0 0 0 0
tangible assets 0 0
Total changes in tangible assets -84,263.00 102,486.00 208,221.00 249,013.00
Tangible assets at end of period 296,399.00 380,662.00 841,294.00 633,073.00
35


Period FY 2019 FY 2018 FY 2019 FY 2018
tangible assets 208,221.00 249,013.00 208,221.00 249,013.00
assets 0 0 0 0
tangible assets 0 0
Total changes in tangible assets -84,263.00 102,486.00 208,221.00 249,013.00
Tangible assets at end of period 296,399.00 380,662.00 841,294.00 633,073.00

36


Classes of tangible assets [Axis] Other tangible assets [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
tangible assets 5,094,181.00 0 5,094,181.00 0
assets 0 0 0 0
Depreciation tangible assets -1,104,374.00 -548,626.00
tangible assets 0 0
Total changes in tangible assets 3,989,807.00 -548,626.00 5,094,181.00 0

Depreciation tangible assets 1,104,374.00 548,626.00
Total changes in tangible assets 1,104,374.00 548,626.00
37
Classes of tangible assets [Axis] Other tangible assets, others [Member]

Period FY 2019 FY 2018 FY 2019 FY 2018
Nature of other tangible assets Electrification Electrification Electrification Electrification
tangible assets 5,094,181.00 0 5,094,181.00 0
assets 0 0 0 0
tangible assets 0 0

Nature of other tangible assets Electrification Electrification

Period FY 2019 FY 2018 FY 2019 FY 2018
Nature of other tangible assets Electrification Electrification Electrification Electrification
38

tangible assets 5,094,181.00 0 5,094,181.00 0
assets 0 0 0 0
tangible assets 0 0

Nature of other tangible assets Electrification Electrification
Disclosure of additional information tangible assets [Table] ..(1)

Disclosure of additional information tangible assets [Abstract]
Disclosure of additional information tangible assets [Line Items]
Depreciation method tangible assets SLM SLM
as per the life as per the life
provided in provided in
Schedule II of the Schedule II of the
Companies Act, Companies Act,
2013 except for 2013 except for
the plant and the plant and
equipment, where equipment, where
management has management has
estimated useful estimated useful
life between 5 to life between 5 to
Useful lives or depreciation rates tangible assets 15 years. 15 years
39

Sub classes of tangible assets [Axis] Owned and leased assets [Member] Owned assets [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
Disclosure of additional information tangible assets [Line
Items]
Depreciation method tangible assets - - - -
Useful lives or depreciation rates tangible assets - - - -

Useful lives or depreciation rates tangible assets 2013 2013

Period FY 2019 FY 2018 FY 2019 FY 2018
Items]
Depreciation method tangible assets SLM SLM SLM SLM
as per the life as per the life as per the life as per the life
provided in provided in provided in provided in
Schedule II of the Schedule II of the Schedule II of the Schedule II of the
Companies Act, Companies Act, Companies Act, Companies Act,
Useful lives or depreciation rates tangible assets 2013 2013 2013 2013

Useful lives or depreciation rates tangible assets 5 to 15 Years 5 to 15 Years

Period FY 2019 FY 2018 FY 2019 FY 2018
Items]
40

Period FY 2019 FY 2018 FY 2019 FY 2018
Items]
as per the life as per the life as per the life
provided in provided in provided in
Schedule II of the Schedule II of the Schedule II of the
Companies Act, Companies Act, Companies Act,
Useful lives or depreciation rates tangible assets 2013 2013 2013 5 to 15 Years


Period FY 2019 FY 2018 FY 2019 FY 2018
Items]

Period FY 2019 FY 2018 FY 2019 FY 2018
Items]
41

Period FY 2019 FY 2018 FY 2019 FY 2018
Items]


Period FY 2019 FY 2018 FY 2019 FY 2018
Items]
42
[201100] Notes - Intangible assets
Disclosure of intangible assets [Table] ..(1)

Classes of intangible assets [Axis] Company total intangible assets [Member]
Sub classes of intangible assets [Axis] Internally generated and other than internally generated intangible assets [Member]
Carrying amount accumulated amortization and impairment and
gross carrying amount [Axis] Carrying amount [Member] Gross carrying amount [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets [Line Items]
Reconciliation of changes in intangible assets [Abstract]
Changes in intangible assets [Abstract]
Additions to intangible assets [Abstract]
Additions through internal development 0 272,700.00 0 272,700.00
intangible assets 0 0 0 0
Acquisitions through business combinations intangible
assets 0 0 0 0
Total additions to intangible assets 0 272,700.00 0 272,700.00
Amortization intangible assets -94,214.00 -85,934.00
Impairment loss recognised in profit or loss intangible
assets 0 0
intangible assets 0 0
Revaluation increase (decrease) intangible assets 0 0 0 0
Disposals intangible assets [Abstract]
Disposals intangible assets through demergers 0 0 0 0
Disposals intangible assets, others 0 0 0 0
Total disposals intangible assets 0 0 0 0
Retirements of intangible assets 0 0 0 0
Other adjustments intangible assets [Abstract]
Other adjustments intangible assets, others 0 0 0 0
Total other adjustments intangible assets 0 0 0 0
Total changes in intangible assets -94,214.00 186,766.00 0 272,700.00
Intangible assets at end of period 551,755.00 645,969.00 782,568.00 782,568.00

Classes of intangible assets [Axis] Company total intangible assets [Member]
Internally generated and other than
internally generated intangible assets
Sub classes of intangible assets [Axis] [Member]
Accumulated amortization and impairment
Carrying amount accumulated amortization and impairment and gross carrying amount [Axis] [Member]
Amortization intangible assets 94,214.00 85,934.00
Impairment loss recognised in profit or loss intangible assets 0 0
Reversal of impairment loss recognised in profit or loss intangible assets 0 0
Disposals intangible assets through demergers 0 0
Disposals intangible assets, others 0 0
Total disposals intangible assets 0 0
Retirements of intangible assets 0 0
Other adjustments intangible assets, others 0 0
Total other adjustments intangible assets 0 0
Total changes in intangible assets 94,214.00 85,934.00
Intangible assets at end of period 230,813.00 136,599.00
43

Classes of intangible assets [Axis] Other intangible assets [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
assets 0 0 0 0
assets 0 0

Classes of intangible assets [Axis] Other intangible assets [Member]
44
Classes of intangible assets [Axis] Other intangible assets, others [Member]

Period FY 2019 FY 2018 FY 2019 FY 2018
An intangible An intangible An intangible An intangible
asset is asset is asset is asset is
recognised, only recognised, only recognised, only recognised, only
where it is where it is where it is where it is
probable that probable that probable that probable that
future economic future economic future economic future economic
benefits benefits benefits benefits
attributable to the attributable to the attributable to the attributable to the
asset will accrue asset will accrue asset will accrue asset will accrue
Nature of other intangible assets to the enterprise to the enterprise to the enterprise to the enterprise
assets 0 0 0 0
assets 0 0

An intangible An intangible
asset is asset is
recognised, only recognised, only
where it is where it is
probable that probable that
future economic future economic
benefits benefits
attributable to the attributable to the
asset will accrue asset will accrue
Nature of other intangible assets to the enterprise to the enterprise
45


Sub classes of intangible assets [Axis] Internally generated intangible assets [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
An intangible An intangible An intangible An intangible
asset is asset is asset is asset is
recognised, only recognised, only recognised, only recognised, only
where it is where it is where it is where it is
probable that probable that probable that probable that
future economic future economic future economic future economic
benefits benefits benefits benefits
attributable to the attributable to the attributable to the attributable to the
asset will accrue asset will accrue asset will accrue asset will accrue
Nature of other intangible assets to the enterprise to the enterprise to the enterprise to the enterprise
assets 0 0 0 0
assets 0 0
46

Internally generated intangible assets
An intangible An intangible
asset is asset is
recognised, only recognised, only
where it is where it is
probable that probable that
future economic future economic
benefits benefits
attributable to the attributable to the
asset will accrue asset will accrue
Nature of other intangible assets to the enterprise to the enterprise
Disclosure of additional information intangible assets [Table] ..(1)

Classes of intangible assets [Axis] Company total intangible assets [Member] Other intangible assets [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
Disclosure of additional information intangible assets [Abstract]
Disclosure of additional information intangible assets [Line
Items]
Useful lives or amortization rates intangible assets NA NA NA NA
Description of amortization method used NA NA NA NA
Disclosure of additional information intangible assets [Table] ..(2)

internally generated intangible assets Internally generated intangible assets
Sub classes of intangible assets [Axis] [Member] [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
Disclosure of additional information intangible assets [Abstract]
Disclosure of additional information intangible assets [Line
Items]
Useful lives or amortization rates intangible assets NA NA NA NA
Description of amortization method used NA NA NA NA
47
[201200] Notes - Employee benefits

Period FY 2019
Textual
Disclosure of employee benefits explanatory [Text Block] Information (16)
Textual information (16): Disclosure of employee benefits explanatory [Text Block]
1.1 Employee Benefits

a) Short term employee benefits and post-employment benefits under defined contribution plans are recognized as an expense at the
undiscounted amount in the profit and loss account of the year in which the related services is rendered.
b) Post-employment benefits under defined benefit plans are recognized as an expense in the profit and loss account for the year in which the
employee has rendered services. The expense is recognized at the present value of the amount payable towards contributions. The present
value is determined using the market yields of government bonds, at the balance sheet date, at the discounting rate.
c) Other long-term employee benefits are recognized as an expense in the profit and loss account for the period in which the employee has
rendered services. Estimated liability on account of long-term benefits is discounted to the current value, using the yield on government bonds,
as on the date of balance sheet, at the discounting rate.
d) Actuarial gains and losses in respect of post-employment and other long-term benefits are charged to the profit and loss account.
48
[201400] Notes - Leases

Whether any operating lease has been converted to financial lease or vice-versa No No
49
[201600] Notes - Related party

Other information subsidiary details [Abstract]
Whether company is subsidiary company No No
Disclosure of relationship and transactions between related parties [Table] ..(1)

Categories of related parties [Axis] RPT1 RPT2
Period FY 2019 FY 2018 FY 2019 FY 2018
Disclosure of relationship and transactions between related
parties [Abstract]
parties [Line Items]
Dineshkumar K Dineshkumar K
Name of related party Patel Patel Shantilal N Patel Shantilal N Patel
Country of incorporation or residence of related party INDIA INDIA INDIA INDIA
Permanent account number of related party AGEPP2097G AGEPP2097G AITPP4221D AITPP4221D
Key Management Key Management Key Management Key Management
Description of nature of related party relationship Personnel Personnel Personnel Personnel
1, Unsecured 1. Unsecured
Loan accepted 2. Loan Accepted 2.
Unsecured loan Unsecured Loan
repaid 3. Interest 1, Unsecured Repaid 3. Interest
Paid 4. Director Loan accepted 2. Paid 4. Director
Remuneration 5. Unsecured loan Remuneration 5.
Outstanding repaid 3. Interest Outstanding
Description of nature of transactions with related party Balances Paid Balances -
Related party transactions [Abstract]
Interest paid during year related party transactions 272,762.00 96,674.00 318,617.00
Transfers under finance agreements related party
transactions [Abstract]
Transfers of loan under finance agreements from
enterprise related party transactions 0
Transfers of loan under finance agreements to enterprise
related party transactions 0
Other related party transactions expense 7,927,276.00 1,596,674.00 7,626,807.00 0
Other related party transactions income 9,372,762.00 1,596,674.00 8,118,617.00 0
Transaction relating to key management personnel [Abstract]
Remuneration for key managerial personnel 9,628,080.00 0 9,628,080.00 0
Outstanding balances for related party transactions [Abstract]
Amounts payable related party transactions 2,761,541.00 491,810.00
Amount written off during period in respect of debts due from
related parties 0 0 0 0
Amount written back during period in respect of debts due to

Period FY 2019 FY 2018 FY 2019 FY 2018
parties [Abstract]
Duke Plasto Duke Plasto
Meenaben Meenaben Technique private Technique private
Name of related party Prabhudas Patel Prabhudas Patel Limited Limited
Permanent account number of related party AEGPP7180L AEGPP7180L AACCD8695B AACCD8695B
U25209GJ2008PT U25209GJ2008PT
CIN of related party C053715 C053715
50
Enterprises which Enterprises which

are owned, or are owned, or
have significant have significant
influence of or are influence of or are
partners with Key partners with Key
management management
personnel and personnel and
Description of nature of related party relationship Others Others their relatives their relatives
1. Purchase of
Tangible assets 2.
1. Unsecured Purchase of
Loan Accepted 2. 1. Purchase of goods. 3. Sales 4.
Unsecured Loan Tangible assets 2. Other Expenses 5.
Refund 3. Interest Purchase of Outstanding
Description of nature of transactions with related party - Paid goods. 3. Sales Balance
Purchases of goods related party transactions 24,367,551.00 8,631,374.00
Purchases of tangible assets related party transactions 3,289,840.00 47,767,340.00
Sales of tangible assets related party transactions 295,424.00 4,105,976.00
Interest paid during year related party transactions 244,016.00
enterprise related party transactions 0
related party transactions 0
Other related party transactions expense 0 2,283,073.00 256,805.00
Other related party transactions income 0 244,016.00
Amounts payable related party transactions 47,231,659.00

Period FY 2019 FY 2018 FY 2019 FY 2018
parties [Abstract]
Deep glass and Deep glass and Duke pumps sales Duke pumps sales
Name of related party plywood centre plywood centre and services and services
Permanent account number of related party AABFD5046L AABFD5046L AAGFD3107R AAGFD3107R
Enterprises which Enterprises which Enterprises which Enterprises which
are owned, or are owned, or are owned, or are owned, or
have significant have significant have significant have significant
influence of or are influence of or are influence of or are influence of or are
partners with Key partners with Key partners with Key partners with Key
management management management management
personnel and personnel and personnel and personnel and
Description of nature of related party relationship their relatives their relatives their relatives their relatives
1. Purchase of
1. Purchase of Tangible Assest
1. Purchase of 1. Purchase of Tangible Assest 2.Purchase of
tangible assets 2. tangible assets 2. 2.Sales 3. Other goods 3.Sales 4.
Description of nature of transactions with related party Other expenses Other expenses expenses Other expenses
Purchases of goods related party transactions 24,625.00
Purchases of tangible assets related party transactions 1,550,706.00 1,953,270.00 52,132.00 54,909.00
Sales of tangible assets related party transactions 5,270,304.00 712,307.00
Other related party transactions expense 18,430.00 76,738.00 26,947.00 3,401.00
51

Period FY 2019 FY 2018 FY 2019 FY 2018
parties [Abstract]
Tagsen (Utsav Tagsen (Utsav
Dineshkumar Dineshkumar Pushpaben Pushpaben
Name of related party Patel) Patel) Shantilal Patel Shantilal Patel
Permanent account number of related party CEEPP7039A CEEPP7039A ALKPP4520H ALKPP4520H
Relatives of Key Relatives of Key Relatives of Key Relatives of Key
Description of nature of related party relationship personnel personnel personnel personnel
1, Unsecuredc
Loan Accepted 2.
Unsecured Loan 1. Unsecured
Repaid 3.Purchase Loan Accepted 2.
of Goods 4. Unsecured Loan
Interest Paid 5. Repaid 3. Interest
Other Expenses Paid 4.
6.Outstanding Outstanding
Description of nature of transactions with related party Expenses. - Expenses -
Purchases of goods related party transactions 43,188.00
Interest paid during year related party transactions 711,715.00 939,567.00
enterprise related party transactions 0 0
related party transactions 0 0
Other related party transactions expense 1,364,651.00 0 8,193,957.00 0
Other related party transactions income 18,211,715.00 0 17,089,567.00 0
Amounts payable related party transactions 17,990,543.00 8,895,610.00

Period FY 2019 FY 2018 FY 2019 FY 2018
parties [Abstract]
Geetaben Geetaben
Dineshkumar Dineshkumar Miken Shantilal Miken Shantilal
Name of related party Patel Patel Patel Patel
Permanent account number of related party ALKPP4499F ALKPP4499F CIRPP5469D CIRPP5469D
1, Unsecuredc 1, Unsecuredc
Loan Accepted 2. Loan Accepted 2.
Unsecured Loan 1, Unsecuredc Unsecured Loan
Repaid 3. Interest Loan Accepted 2. Repaid 3. Interest
Paid 4. Unsecured Loan Paid 4.
Outstanding Repaid 3. Interest Outstanding
Description of nature of transactions with related party Expenses Paid Expenses -
Interest paid during year related party transactions 410,359.00 11,810.00 679,348.00
52

enterprise related party transactions 0 0 0 0
related party transactions 0 0 0
Other related party transactions expense 991,036.00 706,583.00 67,935.00 0
Other related party transactions income 7,010,359.00 11,810.00 13,129,348.00 0

Period FY 2019 FY 2018 FY 2019 FY 2018
parties [Abstract]
Kanjibhai Kanjibhai
Bharatkumar K Bharatkumar K Bhagvanbhai Bhagvanbhai
Name of related party Patel Patel Patel Patel
Permanent account number of related party AFWPP5544D AFWPP5544D BJHPP4713N BJHPP4713N
Unsecured Loan Unsecured Loan
Repaid 3. Interest Repaid 3. Interest
Paid 4. Paid 4.
Outstanding Outstanding
Description of nature of transactions with related party Expenses - Expenses -
Interest paid during year related party transactions 1,252,381.00 447,945.00
Other related party transactions expense 6,850,238.00 0 12,544,795.00 0
Amounts payable related party transactions 16,052,143.00 403,150.00

Period FY 2019 FY 2018 FY 2019 FY 2018
parties [Abstract]
Meet Meet
Dineshkumar Dineshkumar Shantilal N Patel Shantilal N Patel
Name of related party Patel Patel HUF HUF
Permanent account number of related party DJBPP6661K DJBPP6661K AANHS8542J AANHS8542J
53
Unsecured Loan Unsecured Loan
Repaid 3. Interest Repaid 3. Interest
Paid 4. Paid 4.
Outstanding Outstanding
Description of nature of transactions with related party Expenses - Expenses -
Interest paid during year related party transactions 573,690.00 44,384.00
Other related party transactions expense 232,369.00 0 4,438.00 0
54
[201700] Notes - Government grants

Capital subsidies or grants received from government authorities 0 0
Revenue subsidies or grants received from government authorities 0 0
55
[201900] Notes - Income taxes

Disclosure of breakup of deferred tax assets and deferred tax liabilities [Abstract]
Components of deferred tax assets [Abstract]
Deferred tax asset, employee benefits 0 0
Deferred tax asset, expenditure disallowances 0 0
Deferred tax asset, depreciation 0 0
Deferred tax asset, provision doubtful debts 0 0
Deferred tax asset, sundry debtors 0 0
Deferred tax asset, unabsorbed depreciation 0 0
Deferred tax asset, unrealised carried forward losses 0 0
Deferred tax asset, VRS payment 0 0
Deferred tax in respect of business combinations 0 0
Deferred tax asset, other 131,795.00 47,791.00
Total deferred tax assets 131,795.00 47,791.00
Components of deferred tax liabilities [Abstract]
Deferred tax liability, depreciation 0 0
Deferred tax liability, export incentives 0 0
Deferred tax liability, investments 0 0
Deferred tax liability, provision doubtful debts 0 0
Deferred tax liability, provision employee benefits 0 0
Deferred tax liability, provision expenses 0 0
Deferred tax liability, technical know-how fees 0 0
Deferred tax liability, other 10,298,609.00 7,444,464.00
Total deferred tax liabilities 10,298,609.00 7,444,464.00
Details of adjustments of deferred tax asset [Abstract]
Adjustments of deferred tax asset against general reserve where approved by court 0 0
Adjustments of deferred tax asset against securities premium where approved by court 0 0
56
[202200] Notes - Effects of changes in foreign exchange rates

Details of change in classification of significant foreign operation [Abstract]
Impact of change in classification of significant foreign operation on shareholders' fund 0 0
57
[202400] Notes - Investments in associates

Period FY 2019
Whether company has invested in associates No
Whether company has associates which are yet to commence operations No
58
[202500] Notes - Financial reporting of interests in joint ventures

Period FY 2019
Whether company has invested in joint ventures No
Whether company has joint ventures which are yet to commence operations No
Whether company has joint ventures liquidated or sold during year No
59
[202700] Notes - Cash flow statements

Cash and cash equivalents if different from balance sheet [Abstract]
Cash and cash equivalents cash flow statement 23,635,673.00 1,749,986.00
Total cash and cash equivalents 23,635,673.00 1,749,986.00
Income taxes paid (refund) [Abstract]
Income taxes paid (refund), classified as operating activities 9,508,500.00 6,109,686.00
Income taxes paid (refund), classified as investing activities 0 0
Income taxes paid (refund), classified as financing activities 0 0
Total income taxes paid (refund) 9,508,500.00 6,109,686.00
60
[202800] Notes - Subsidiary information

Period FY 2019
Whether company has subsidiary companies No
Whether company has subsidiary companies which are yet to commence operations No
Whether company has subsidiary companies liquidated or sold during year No
61
[300100] Notes - Revenue

Textual Textual
Disclosure of revenue explanatory [Text Block] Information (17) Information (18)
Textual
Description of accounting policy for recognition of revenue Information (19)
Textual information (17): Disclosure of revenue explanatory [Text Block]
Textual information (18): Disclosure of revenue explanatory [Text Block]
Textual information (19): Description of accounting policy for recognition of revenue
Revenue from sale of goods is recognized on transfer of all significant risk and rewards of ownership of the buyer. Sale is exclusive of Goods and
Service tax. All other income are recognized and accounted on accrual basis.
62
[300300] Notes - Earnings per share

Weighted average shares and adjusted weighted average shares [Abstract]
Basic weighted average shares [shares] 450,000 [shares] 450,000
Adjusted weighted average shares [shares] 0 [shares] 0
Diluted weighted average shares [shares] 450,000 [shares] 450,000
Adjustments of numerator to calculate basic earnings per share [Abstract]
Profit (loss) for period 23,393,609.00 24,439,962.00
Adjustments of numerator to calculate diluted earnings per share [Abstract]
Profit (loss) for period 23,393,609.00 24,439,962.00
63
[300400] Notes - Employee share-based payments

Number of instruments other instruments granted [INR] 0.00 [INR] 0.00
64
[300500] Notes - Subclassification and notes on income and expenses

Disclosure of revenue from sale of products [Abstract]
Revenue from sale of products [Abstract]
Revenue from sale of products, gross 1,425,776,914.00 797,542,018.00
Brokerage discounts rebates on revenue from sale of products 0 0
Returns on revenue from sale of products 0 0
Other allowances deductions on revenue from sale of products 0 0
Total revenue from sale of products 1,425,776,914.00 797,542,018.00
Disclosure of revenue from sale of services [Abstract]
Revenue from sale of services [Abstract]
Brokerage discounts rebates on revenue from sale of services 0 0
Returns on revenue from sale of services 0 0
Other allowances deductions on revenue from sale of services 0 0
Total revenue from sale of services 0 0
Disclosure of other operating revenues [Abstract]
Other operating revenues [Abstract]
Miscellaneous other operating revenues 277,227.00 10,448,376.00
Total other operating revenues 277,227.00 10,448,376.00
Disclosure of other income [Abstract]
Interest income [Abstract]
Interest income on current investments [Abstract]
Interest on other current investments 0 0
Total interest income on current investments 0 0
Total interest income 0 0
Dividend income [Abstract]
Dividend income current investments [Abstract]
Dividend income current investments from subsidiaries 0 0
Dividend income current equity securities 0 0
Dividend income current mutual funds 0 0
Dividend income current investments from others 0 0
Total dividend income current investments 0 0
Dividend income long-term investments [Abstract]
Dividend income long-term investments from subsidiaries 0 0
Dividend income long-term equity securities 0 0
Dividend income long-term mutual funds 0 0
Dividend income long-term investments from others 0 0
Total dividend income long-term investments 0 0
Total dividend income 0 0
Other non-operating income [Abstract]
Miscellaneous other non-operating income 1,223,857.00 441,506.00
Total other non-operating income 1,223,857.00 441,506.00
Total other income 1,223,857.00 441,506.00
Disclosure of finance cost [Abstract]
Interest expense [Abstract]
Other interest charges 33,147,208.00 23,627,687.00
Total interest expense 33,147,208.00 23,627,687.00
Other borrowing costs 2,453,420.00 1,079,921.00
Total finance costs 35,600,628.00 24,707,608.00
Employee benefit expense [Abstract]
Salaries and wages 63,214,798.00 18,371,387.00
Managerial remuneration [Abstract]
Remuneration to directors [Abstract]
Salary to directors 19,256,160.00 0
Total remuneration to directors 19,256,160.00 0
Total managerial remuneration 19,256,160.00 0
Contribution to provident and other funds [Abstract]
Contribution to provident and other funds for others 2,049,611.00 636,102.00
Total contribution to provident and other funds 2,049,611.00 636,102.00
Staff welfare expense 5,158,241.00 2,211,302.00
Total employee benefit expense 89,678,810.00 21,218,791.00
Breakup of other expenses [Abstract]
Consumption of stores and spare parts 5,497,528.00 2,091,758.00
Power and fuel 36,939,233.00 18,500,279.00
Rent 0 0
Repairs to building 1,093,202.00 87,724.00
65
Repairs to machinery 4,002,316.00 1,859,340.00

Insurance 0 0
Rates and taxes excluding taxes on income [Abstract]
Other cess taxes 539,829.00 535,054.00
Total rates and taxes excluding taxes on income 539,829.00 535,054.00
Directors sitting fees 0 0
Advertising promotional expenses 9,338,191.00 0
Transportation distribution expenses 35,043,076.00 10,525,705.00
Discounting charges 3,740,264.00 189,018.00
Cost repairs maintenance other assets 1,351,237.00 798,809.00
Provision bad doubtful debts created 0 0
Provision bad doubtful loans advances created 0 0
Net provisions charged [Abstract]
Provision warranty claims created 0 0
Total net provisions charged 0 0
Write-off assets [Abstract]
Miscellaneous expenditure written off [Abstract]
Financing charges written off 0 0
Total miscellaneous expenditure written off 0 0
Bad debts written off 0 0
Bad debts advances written off 0 0
Total write-off assets 0 0
Loss on disposal of intangible asset 0 0
Loss on disposal, discard, demolishment and destruction of depreciable tangible asset 0 0
Contract cost [Abstract]
Site labour supervision cost contracts 11,057,520.00 2,020,718.00
Warranty cost contracts 0 0
Overhead costs apportioned contracts [Abstract]
Insurance cost apportioned contract 410,932.00 305,531.00
Total overhead costs apportioned contracts 410,932.00 305,531.00
Total contract cost 11,468,452.00 2,326,249.00
Payments to auditor [Abstract]
Payment for audit services 310,000.00 48,000.00
Payment for taxation matters 60,000.00 52,000.00
Payment for company law matters 0 0
Payment for other services 0 0
Payment for reimbursement of expenses 0 0
Total payments to auditor 370,000.00 100,000.00
Payments to cost auditor [Abstract]
Payment for cost audit charges 0 0
Payment for cost compliance report 0 0
Payment for other cost services 0 0
Payment to cost auditor for reimbursement of expenses 0 0
Total payments to cost auditor 0 0
Miscellaneous expenses 23,422,028.00 6,857,118.00
Total other expenses 132,805,356.00 43,871,054.00
Current tax [Abstract]
Current tax pertaining to previous years -8,640.00 57,149.00
Current tax pertaining to current year 6,800,000.00 8,475,000.00
MAT credit recognised during year 0 0
Total current tax 6,791,360.00 8,532,149.00
66
[300600] Notes - Additional information statement of profit and loss

Additional information on profit and loss account [Abstract]
Changes in inventories of finished goods, work-in-progress and stock-in-trade [Abstract]
Changes in inventories of finished goods -30,963,533.00 15,600,358.00
Changes in inventories of work-in-progress -16,339,476.00 -1,412,230.00
Changes in inventories of stock-in-trade 0 1,029.00
Total changes in inventories of finished goods, work-in-progress and stock-in-trade -47,303,009.00 14,189,157.00
Value of imports calculated on CIF basis [Abstract]
Value of imports of capital goods 280,735,492.00 98,251,549.00
Total value of imports calculated on CIF basis 280,735,492.00 98,251,549.00
Expenditure in foreign currency [Abstract]
Expenditure on dividend paid 0 0
Total expenditure in foreign currency 0 0
Details of dividend remitted in foreign currency [Abstract]
Amount of dividend remitted in foreign currency [Abstract]
Final dividend remitted in foreign currency 0 0
Total amount of dividend remitted in foreign currency 0 0
Details of earnings in foreign currency [Abstract]
Earnings on other income 235,096,721.00 36,154,638.00
Total earnings in foreign currency 235,096,721.00 36,154,638.00
Disclosure of other details on earnings and expenditure in foreign currency [Abstract]
Commission brokerage and discount charges in foreign currency 0 0
Breakup of revenue as export and domestic [Abstract]
Revenue from sale of products [Abstract]
Domestic turnover goods, gross [Abstract]
Domestic sale manufactured goods 1,425,776,914.00 797,532,213.00
Domestic sale traded goods 0 9,805.00
Total domestic turnover goods, gross 1,425,776,914.00 797,542,018.00
Export turnover goods, gross [Abstract]
Export sale manufactured goods 0 0
Export sale traded goods 0 0
Total export turnover goods, gross 0 0
Total revenue from sale of products 1,425,776,914.00 797,542,018.00
Revenue from sale of services [Abstract]
Domestic revenue services 0 0
Export revenue services 0 0
Total revenue from sale of services 0 0
Gross value of transaction with related parties as per AS-18 56,072,251.00 14,163,726.00
Bad debts of related parties as per AS-18 0 0
Details of raw materials consumed [Table] ..(1)

Categories of raw materials consumed [Axis] Raw materials consumed [Member] Raw materials consumed 1 [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
Details of raw materials consumed [Abstract]
Details of raw materials consumed [Line Items]
Description of raw materials category Resin Resin
Total raw materials consumed 1,164,655,928.00 637,125,689.00 982,473,629.00 582,062,623.00
Details of raw materials consumed [Table] ..(2)

Categories of raw materials consumed [Axis] Raw materials consumed 2 [Member] Raw materials consumed 3 [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
Details of raw materials consumed [Abstract]
Details of raw materials consumed [Line Items]
Description of raw materials category Chemical Chemical others other
Total raw materials consumed 109,758,943.00 42,441,739.00 72,423,356.00 12,621,327.00
Details of goods purchased [Table]

67
Categories of goods purchased [Axis] Goods purchased [Member] Goods purchased 1 [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
Details of goods purchased [Abstract]
Details of goods purchased [Line Items]
Purchase of Stock Purchase of Stock Purchase of Stock Purchase of Stock
Description of goods purchased in Trade in Trade in Trade in Trade
Total goods purchased 0 716,056.00 0 716,056.00
68
[300700] Notes - Key managerial personnels and directors remuneration and other information
Disclosure of key managerial personnels and directors and remuneration to key managerial personnels and directors [Table]
Key managerial personnels and directors [Axis] Director1 Director2
Period FY 2019
Disclosure of key managerial personnels and directors and remuneration to key managerial personnels and
directors [Abstract]
Disclosure of key managerial personnels and directors and remuneration to key managerial personnels and
directors [Line Items]
DINESHKUMAR SHANTILAL
KANJIBHAI NATHALAL
Name of key managerial personnel or director PATEL PATEL
Director identification number of key managerial personnel or director 01769491 01770292
Permanent account number of key managerial personnel or director AGEPP2097G AITPP4221D
Date of birth of key managerial personnel or director 01/06/1972 01/06/1967
Designation of key managerial personnel or director Director Director
Qualification of key managerial personnel or director BSc DE (Electronics)
Shares held by key managerial personnel or director [shares] 1,530,000 [shares] 1,350,000
Key managerial personnel or director remuneration [Abstract]
Gross salary to key managerial personnel or director [Abstract]
Salary key managerial personnel or director 9,628,080.00 9,628,080.00
Gross salary to key managerial personnel or director 9,628,080.00 9,628,080.00
Total key managerial personnel or director remuneration 9,628,080.00 9,628,080.00
69
[301000] Notes - Corporate social responsibility

Period FY 2019
Whether provisions of corporate social responsibility are applicable on company No
70
[400100] Disclosure of general information about company

Disclosure of general information about company [Abstract]
Disclosure of company information [Abstract]
DUKE PIPES
PRIVATE
Name of company LIMITED
U25191GJ2010PT
Corporate identity number C062080
Permanent account number of entity AADCD8417A
R. S. No. 365/
Paiki 1, AT & PO
- Chadotar, Gadh
Road, Tal.
Palanpur, Dist.
Banaskatha
Palanpur Banas
Kantha GJ 385001
Address of registered office of company IN
Commercial and
Type of industry Industrial
Disclosure of document information [Abstract]
Date of board meeting when final accounts were approved 25/06/2019
Date of start of reporting period 01/04/2018 01/04/2017
Date of end of reporting period 31/03/2019 31/03/2018
Nature of report standalone consolidated Standalone
Financial
Content of report Statements
Description of presentation currency INR
Level of rounding used in financial statements Actual
Type of cash flow statement Indirect Method
Disclosure of other general information [Abstract]
Whether company is maintaining books of account and other relevant books and papers in electronic form No
Particulars of service provider [Abstract]
Whether books of account and other books and papers are maintained on cloud No
Disclosure of principal product or services [Table]

Types of principal product or services [Axis] Product1
Period FY 2019
Disclosure of principal product or services [Abstract]
Disclosure of principal product or services [Line Items]
Product or service category (ITC 4 digit) code 3917
Manufacturing of
Description of product or service category pipes
Turnover of product or service category 1,425,776,914.00
Highest turnover contributing product or service (ITC 8 digit) code 39172950
Manufacturing of
Description of product or service pipes
Turnover of highest contributing product or service 1,425,776,914.00
71
[400200] Disclosures - Auditors report

Period FY 2019
Textual
Disclosure in auditor’s report explanatory [Text Block] Information (20)
Whether companies auditors report order is applicable on company Yes
Whether auditors' report has been qualified or has any reservations or contains adverse remarks No
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Table]

Auditor's
favourable remark
Auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Axis] [Member]
Period FY 2019
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Abstract]
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Line Items]
Textual
Disclosure in auditors report relating to fixed assets Information (21)
The inventories
have been
physically verified
by the
management at
reasonable
intervals and no
material
discrepancies
Disclosure in auditors report relating to inventories noticed
Textual
Disclosure in auditors report relating to loans Information (22)
Textual
Disclosure in auditors report relating to compliance with Section 185 and 186 of Companies Act, 2013 Information (23)
Textual
Disclosure in auditors report relating to deposits accepted Information (24)
Textual
Disclosure in auditors report relating to maintenance of cost records Information (25)
Textual
Disclosure in auditors report relating to statutory dues [Text Block] Information (26)
Textual
Disclosure relating to regularity in payment of undisputed statutory dues [Text Block] Information (27)
Textual
Disclosure relating to disputed statutory dues [Text Block] Information (28)
The Company has
not defaulted in
the repayment of
dues to the bank.
The company did
not borrow from
financial
institutions and
Disclosure in auditors report relating to default in repayment of financial dues issue debentures.
Textual
Disclosure in auditors report relating to public offer and term loans used for purpose for which those were raised Information (29)
According to the
information and
explanations
given to us, no
fraud by the
Company or on
the Company by
its officers or
employees has
been noticed or
reported during
Disclosure in auditors report relating to fraud by the company or on the company by its officers or its employees reported during the course of our
period audit.
72
This being a
private limited
company, section
197 is not
applicable to the
company. Thus,
paragraph 3 (xi) of
the Order is not
Disclosure in auditors report relating to managerial remuneration applicable.
In our opinion and
according to the
information and
explanations
given to us, the
Company is not a
nidhi company.
Accordingly,
paragraph 3(xii)
of the Order is not
Disclosure in auditors report relating to Nidhi Company applicable.
Textual
Disclosure in auditors report relating to transactions with related parties Information (30)
Textual
Disclosure in auditors report relating to preferential allotment or private placement of shares or convertible debentures Information (31)
Textual
Disclosure in auditors report relating to non-cash transactions with directors or persons connected with him Information (32)
The Company is
not required to be
registered under
section 45-IA of
the Reserve Bank
of India Act,
Disclosure in auditors report relating to registration under section 45-IA of Reserve Bank of India Act, 1934 1934.
Details regarding auditors [Table]

Auditors [Axis] ManubhaiShahLLP
Period FY 2019
Details regarding auditors [Abstract]
Details regarding auditors [Line Items]
Category of auditor Auditors firm
Manubhai & Shah
Name of audit firm LLP
Solanki
krishnakant
Name of auditor signing report Balkrishna
106041W/W1001
Firms registration number of audit firm 36
Membership number of auditor 110299
G-4, CAPSTONE,
Opp. Chirag
Motors, Sheth
Mangaldas Road,
Ellisbridge
Ahmedabad
Ahmedabad GJ
Address of auditors 380006 IN
Permanent account number of auditor or auditor's firm AAFFM2086M
SRN of form ADT-1 H62012620
Date of signing audit report by auditors 25/06/2019
Date of signing of balance sheet by auditors 25/06/2019
Textual information (20): Disclosure in auditor’s report explanatory [Text Block]
INDEPENDENT AUDITOR'S REPORT

TO THE MEMBERS OF
Report on the Audit of the Financial Statements
Opinion
73
We have audited the accompanying financial statements of ï¿½ï¿½ï¿½Â-Duke Pipes Private Limited("the Company"), which comprise the
Balance Sheet as at March 31, 2019, the Statement of Profit and Loss, and the Statement of Cash Flows for the year ended on that date and
notes to the financial statements, including a summary of the significant accounting policies and other explanatory information (hereinafter
referred to as "the financial statements").
In our opinion and to the best of our information and according to the explanations given to us, the aforesaid financial statements give the
information required by the Companies Act, 2013 (hereinafter referred to as "the Act") in the manner so required and give a true and fair view in
conformity with the Accounting Standards prescribed under section 133 of the Act read with the Companies ( Accounting Standards) Rules, 2006
, as amended, ( hereinafter referred to as " AS") and other accounting principles generally accepted in India, of the state of affairs of the
Company as at March 31, 2019, the profits, and its cash flows for the year ended on that date.
Basis for Opinion
We conducted our audit of the financial statements in accordance with the Standards on Auditing specified under section 143(10) of the Act (
hereinafter referred to as "SAs"). Our responsibilities under those Standards are further described in theAuditor's Responsibilities for the Audit of
the Financial Statements section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute
of Chartered Accountants of India ( hereinafter referred to as "ICAI") together with the ethical requirements that are relevant to our audit of the
financial statements under the provisions of the Act and the Rules made thereunder, and we have fulfilled our other ethical responsibilities in
accordance with these requirements and the ICAI's Code of Ethics. We believe that the audit evidence we have obtained is sufficient and
appropriate to provide a basis for our audit opinion on the financial statements.
Information Other than the Financial Statements and Auditor's Report Thereon
The Company's Board of Directors is responsible for the preparation of the other information. The other information comprises the information
included in the Board's Report including Annexures to Board's Report and Shareholder's Information, but does not include the financial
statements and our auditor's report thereon.
Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the
other information is materially inconsistent with the financial statements or our knowledge obtained during the course of our audit or otherwise
appears to be materially misstated.
If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report
that fact. We have nothing to report in this regard.
Management's Responsibility for the Financial Statements
The Company's Board of Directors is responsible for the matters stated in section 134(5) of the Act with respect to the preparation of these
financial statements that give a true and fair view of the financial position, financial performance, cash flows of the Company in accordance with
the AS and other accounting principles generally accepted in India. This responsibility also includes maintenance of adequate accounting records
in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting frauds and other
irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and
design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and
completeness of the accounting records, relevant to the preparation and presentation of the financial statements that give a true and fair view
and are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, management is responsible for assessing the Company's ability to continue as a going concern, disclosing,
as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate
the Company or to cease operations, or has no realistic alternative but to do so.
The Board of Directors are responsible for overseeing the Company's financial reporting process.
Auditor's Responsibilities for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement,
whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is
not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can
arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the
economic decisions of users taken on the basis of these financial statements.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We
also:
ï¿½ Identify and assess the risks of material misstatement of the financial statements , whether due to fraud or error, design and perform audit
procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of
not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery,
intentional omissions, misrepresentations, or the override of internal control.
ï¿½ Obtain an understanding of internal financial controls relevant to the audit in order to design audit procedures that are appropriate in the
circumstances. Under section 143(3) (i) of the Act, we are also responsible for expressing our opinion on whether the Company has adequate
internal financial controls system in place and the operating effectiveness of such controls.
ï¿½ Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by
management.
ï¿½ Conclude on the appropriateness of management's use of the going concern basis of accounting and, based on the audit evidence obtained,
whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a
going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures
in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence
obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going
concern.
ï¿½ Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial
statements represent the underlying transactions and events in a manner that achieves fair presentation.
74
Materiality is the magnitude of misstatements in the financial statements that, individually or in aggregate , makes it probable that the economic
decisions of a reasonably knowledgeable user of the financial statements may be influenced. We consider quantitative materiality and qualitative
factors in ( i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to evaluate the effect of any identified
misstatements in the financial statements.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant
audit findings , including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding
independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence,
and where applicable, related safeguards.
Report on Other Legal and Regulatory Requirements
1. As required by the Companies (Auditor's Report) Order, 2016 ("the Order") issued by the Central Government of India in terms of sub-section
(11) of section 143 of the Act, we give in the"Annexure - A", a statement on the matters specified in the paragraph 3 and 4 of the order.
2. As required by Section 143(3) of the Act, based on our audit we report that:
a) We have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the
purposes of our audit.
b) In our opinion, proper books of account as required by law have been kept by the Company so far as it appears from our examination of those
books.
c) The balance sheet, the statement of profit and loss and the cash flow statement dealt with by this Report are in agreement with the books of
account;.
d) In our opinion , the aforesaid financial statements comply with the Ind AS specified under Section 133 of the Act, read with Rule 7 of the
Companies (Accounts) Rules, 2014.
e) On the basis of the written representations received from the directors as on March 31, 2019 taken on record by the Board of Directors, none
of the directors is disqualified as on March 31, 2019 from being appointed as a director in terms of Section 164 (2) of the Act.
f) With respect to the adequacy of the internal financial controls over financial reporting of the Company and the operating effectiveness of such
controls, refer to our separate Report in "Annexure - B " . Our report expresses an unmodified opinion on the adequacy and operating
effectiveness of the Company's internal financial controls over financial reporting.
g) With respect to the other matters to be included in the Auditor's Report in accordance with the requirements of section 197(16) of the Act, as
amended:
In our opinion and to the best of our information and according to the explanations given to us, the Company being a private company, section
197 of the Act related to the managerial remuneration is not applicable.
h) With respect to the other matters to be included in the Auditor's Report in accordance with Rule 11 of the Companies (Audit and Auditors)
Rules, 2014, as amended in our opinion and to the best of our information and according to the explanations given to us:
i. The Company does not have any pending litigations which would impact its financial position;
ii. The Company did not have any long-term contracts including derivative contracts for which there were any material foreseeable losses.
iii. There were no amounts which were required to be transferred to the Investor Education and Protection Fund the by the Company.
For, Manubhai & Shah LLP
Chartered Accountants
ICAI Firm Reg No. - 106041W / W100136
Place: Ahmedabad (K. B. Solanki)
Partner
Date: June 25, 2019 Membership No. 110299
ANNEXURE - A TO THE INDEPENDENT AUDITOR'S REPORT
(Referred to in paragraph 1 under 'Report on Other Legal and Regulatory Requirements' section of our report of even date)
Report on Companies (Auditor's Report) Order, 2016 ('the Order') issued by the Central Government in terms of Section 143(11) of the
Companies Act, 2013 ('the Act') of Duke Pipes Private Limited ('the Company')
1. In respect of fixed assets :
a. The Company has maintained proper records showing full particulars, including quantitative details and situation of fixed assets.
b. The fixed assets have been physically verified by the management once in a year which we consider reasonable having regard to the size of
the Company and the nature of its assets. According to the information and explanations given to us, no material discrepancies were noticed on
such verification.
c. According to the information and explanations given to us and on the basis of our examination of the records of the Company, the title deeds of
immovable properties are held in the name of the Company.
2. In respect of inventories :
The inventories have been physically verified by the management at reasonable intervals and no material discrepancies noticed.
3. In respect of loans granted to parties covered in the register maintained u/s 189 of the Act :
The Company has not granted any loans, secured or unsecured, to companies, firms, Limited Liabilities Partnerships or other parties covered in
the register maintained under Section 189 of the Act. Therefore, the provisions of Clause 3 (iii) [(a) to (c)] of the said Order are not applicable to
the Company.
4. In respect of compliance of section 185 and 186 of the Act :
Based on our audit procedures and according to the information and explanation given to us, during the period under audit, the Company has
complied with the provision of section 185 and 186 of the act.
5. In respect of deposits :
75
In respect of deposits accepted, in our opinion and according to the information and explanations given to us, the provisions of Section 73 to 76
or any other relevant provisions of the Act and the rules framed thereunder, to the extent applicable, have been complied with. We are informed
by the management that no order has been passed by the Company Law Board, National Company Law Tribunal, Reserve Bank of India or any
Court or any other Tribunal.
6. In respect of maintenance of cost records :
We have broadly reviewed the books of accounts maintained by the company pursuant to the rules prescribed by the Central Government for the
maintenance of cost records under Section 148 (1) of the Act and are of the opinion that prima facie, the prescribed accounts and records have
been made and maintained. We have, however, not made a detailed examination of the cost record with a view to determine whether they are
accurate or complete.
7. In respect of statutory dues :
a. According to the information and explanations given to us and the records of the Company examined by us, in our opinion, the Company is
regular in depositing the undisputed statutory dues, including income tax, provident fund, duty of customs, goods and service tax, cess and other
material statutory dues, as applicable, with appropriate authorities. As explained to us, the Company did not have any dues on account of
employees' state insurance.
b. According to the information and explanations given to us and the records of the Company examined by us, in our opinion, no undisputed
amounts payable as applicable were in arrears as on March 31, 2019 for a period of more than six months from the date they became payable.
c. According to the information and explanations given to us and the records of the Company examined by us, there are no dues of income tax,
duty of customs and goods and service tax which have not been deposited on account of any dispute.
8. In respect of dues to financial institutions / banks / debentures :
The Company has not defaulted in the repayment of dues to the bank. The company did not borrow from financial institutions and issue
debentures.
9. In respect of money raised by way of public offer and application of term loan :
The Company did not raise any money by way of initial public offer or further public offer (including debt instruments). In our opinion, the
Company has applied the term loan for the purpose for which it was obtained.
10. In respect of fraud :
According to the information and explanations given to us, no fraud by the Company or on the Company by its officers or employees has been
noticed or reported during the course of our audit.
11. In respect of managerial remuneration in accordance with Section 197 of the Act :
This being a private limited company, section 197 is not applicable to the company. Thus, paragraph 3 (xi) of the Order is not applicable.
12. In respect of Nidhi company :
In our opinion and according to the information and explanations given to us, the Company is not a nidhi company. Accordingly , paragraph 3(xii)
of the Order is not applicable.
13. In respect of transactions with related parties in compliance of section 177 and 188 of the Act and its disclosures :
This being a private limited company, section 177 is not applicable to company. According to the information and explanations given to us and
based on our examination of the records of the Company, transactions with the related parties are in compliance with section 188 of the Act
where applicable and details of such transactions have been disclosed in the financial statements as required by the applicable accounting
standards.
14. In respect of preferential allotment or private placement of shares or debentures :
According to the information and explanations give to us and based on our examination of the records of the Company, the Company has not
made any preferential allotment or private placement of shares or fully or partly convertible debentures during the year.
15. In respect of non-cash transactions with directors or persons :
According to the information and explanations given to us and based on our examination of the records of the Company, the Company has not
entered into non-cash transactions with directors or persons connected with him. Accordingly, paragraph 3(xv) of the Order is not applicable.
16. In respect of company is required to be registered under section 45-IA of the Reserve Bank of India Act, 1934 :
The Company is not required to be registered under section 45-IA of the Reserve Bank of India Act, 1934.
ICAI Firm Registration No. 106041W/W100136
Partner
Date : June 25, 2019 Membership No.110299
ANNEXURE - B TO THE INDEPENDENT AUDITOR'S REPORT
(Referred to in paragraph 2 (f) under 'Report on Other Legal and Regulatory Requirements' section of our report of even date)
Report on the Internal Financial Controls under Clause (i) of Sub-section 3 of Section 143 of the Companies Act, 2013 ("the Act")
We have audited the internal financial controls over financial reporting of Duke Pipes Private Limited ("the Company") as of March 31, 2019 in
conjunction with our audit of the financial statements of the Company for the period ended on that date.
Management's Responsibility for Internal Financial Controls
The Company's management is responsible for establishing and maintaining internal financial controls based on the internal control over
financial reporting criteria established by the Company considering the essential components of internal control stated in the Guidance Note on
Audit of Internal Financial Controls over Financial Reporting issued by the Institute of Chartered Accountants of India ('ICAI'). These
responsibilities include the design, implementation and maintenance of adequate internal financial controls that were operating effectively for
76
ensuring the orderly and efficient conduct of its business, including adherence to company's policies, the safeguarding of its assets, the
prevention and detection of frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable
financial information, as required under the Companies Act, 2013.
Auditor's Responsibility
Our responsibility is to express an opinion on the Company's internal financial controls over financial reporting based on our audit. We conducted
our audit in accordance with the Guidance Note on Audit of Internal Financial Controls over Financial Reporting (the "Guidance Note") and the
Standards on Auditing, issued by ICAI and deemed to be prescribed under section 143(10) of the Companies Act, 2013, to the extent applicable
to an audit of internal financial controls, both applicable to an audit of Internal Financial Controls and, both issued by the Institute of Chartered
Accountants of India. Those Standards and the Guidance Note require that we comply with ethical requirements and plan and perform the audit
to obtain reasonable assurance about whether adequate internal financial controls over financial reporting was established and maintained and if
such controls operated effectively in all material respects.
Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls system over financial
reporting and their operating effectiveness. Our audit of internal financial controls over financial reporting included obtaining an understanding of
internal financial controls over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and
operating effectiveness of internal control based on the assessed risk. The procedures selected depend on the auditor's judgment, including the
assessment of the risks of material misstatement of the financial statements, whether due to fraud or error.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the Company's
internal financial controls system over financial reporting.
Meaning of Internal Financial Controls over Financial Reporting
A company's internal financial control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles.
A company's internal financial control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of
records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide
reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally
accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of
management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized
acquisition, use, or disposition of the company's assets that could have a material effect on the financial statements.
Inherent Limitations of Internal Financial Controls over Financial Reporting
Because of the inherent limitations of internal financial controls over financial reporting, including the possibility of collusion or improper
management override of controls, material misstatements due to error or fraud may occur and not be detected. Also, projections of any
evaluation of the internal financial controls over financial reporting to future periods are subject to the risk that the internal financial control over
financial reporting may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures
may deteriorate.
Opinion
In our opinion, the Company has, in all material respects, an adequate internal financial controls system over financial reporting and such internal
financial controls over financial reporting were operating effectively as at 31 March 2019, based on the internal control over financial reporting
criteria established by the Company considering the essential components of internal control stated in the Guidance Note on Audit of Internal
Financial Controls Over Financial Reporting issued by the Institute of Chartered Accountants of India.
ICAI Firm Registration No. 106041W/W100136
Partner
Date: June 25, 2019 Membership No.110299
Textual information (21): Disclosure in auditors report relating to fixed assets
a. The Company has maintained proper records showing full particulars, including quantitative details and situation of fixed assets. b. The fixed
assets have been physically verified by the management once in a year which we consider reasonable having regard to the size of the Company
and the nature of its assets. According to the information and explanations given to us, no material discrepancies were noticed on such
verification. c. According to the information and explanations given to us and on the basis of our examination of the records of the Company, the
title deeds of immovable properties are held in the name of the Company.
Textual information (22): Disclosure in auditors report relating to loans
The Company has not granted any loans, secured or unsecured, to companies, firms, Limited Liabilities Partnerships or other parties covered in
the register maintained under Section 189 of the Act. Therefore, the provisions of Clause 3 (iii) [(a) to (c)] of the said Order are not applicable to
the Company.
Textual information (23): Disclosure in auditors report relating to compliance with Section 185 and 186 of Companies
Act, 2013
77
Based on our audit procedures and according to the information and explanation given to us, during the period under audit, the Company has
complied with the provision of section 185 and 186 of the act.
Textual information (24): Disclosure in auditors report relating to deposits accepted
In respect of deposits accepted, in our opinion and according to the information and explanations given to us, the provisions of Section 73 to 76
or any other relevant provisions of the Act and the rules framed thereunder, to the extent applicable, have been complied with. We are informed
by the management that no order has been passed by the Company Law Board, National Company Law Tribunal, Reserve Bank of India or any
Court or any other Tribunal.
Textual information (25): Disclosure in auditors report relating to maintenance of cost records
We have broadly reviewed the books of accounts maintained by the company pursuant to the rules prescribed by the Central Government for the
maintenance of cost records under Section 148 (1) of the Act and are of the opinion that prima facie, the prescribed accounts and records have
been made and maintained. We have, however, not made a detailed examination of the cost record with a view to determine whether they are
accurate or complete.
Textual information (26): Disclosure in auditors report relating to statutory dues [Text Block]
c. According to the information and explanations given to us and the records of the Company examined by us, there are no dues of income tax,
Textual information (27): Disclosure relating to regularity in payment of undisputed statutory dues [Text Block]
Textual information (28): Disclosure relating to disputed statutory dues [Text Block]
a. According to the information and explanations given to us and the records of the Company examined by us, there are no dues of income tax,
Textual information (29): Disclosure in auditors report relating to public offer and term loans used for purpose for
which those were raised
The Company did not raise any money by way of initial public offer or further public offer (including debt instruments). In our opinion, the
Company has applied the term loan for the purpose for which it was obtained.
Textual information (30): Disclosure in auditors report relating to transactions with related parties
This being a private limited company, section 177 is not applicable to company. According to the information and explanations given to us and
based on our examination of the records of the Company, transactions with the related parties are in compliance with section 188 of the Act
where applicable and details of such transactions have been disclosed in the financial statements as required by the applicable accounting
standards.
Textual information (31): Disclosure in auditors report relating to preferential allotment or private placement of shares
or convertible debentures
According to the information and explanations give to us and based on our examination of the records of the Company, the Company has not
made any preferential allotment or private placement of shares or fully or partly convertible debentures during the year.
78
Textual information (32): Disclosure in auditors report relating to non-cash transactions with directors or persons
connected with him
According to the information and explanations given to us and based on our examination of the records of the Company, the Company has not
entered into non-cash transactions with directors or persons connected with him. Accordingly, paragraph 3(xv) of the Order is not applicable
79
[400300] Disclosures - Signatories of financial statements
Details of directors signing financial statements [Table]

Directors signing financial statements [Axis] Director1 Director2
Period FY 2019
Details of directors signing financial statements [Abstract]
Details of directors signing financial statements [Line Items]
Name of director signing financial statements [Abstract]
DINESHKUMAR SHANTILAL
KANJIBHAI NATHALAL
First name of director PATEL PATEL
Designation of director Director Director
Director identification number of director 01769491 01770292
Date of signing of financial statements by director 25/06/2019 25/06/2019
80
[400400] Disclosures - Directors report

Period FY 2019
Textual
Disclosure in board of directors report explanatory [Text Block] Information (33)
Textual
Description of state of companies affair Information (34)
Company has not
transferred any
amount to reserve
except Profit of
INR.
2,33,93,609/-
earned by
Company During
Disclosure relating to amounts if any which is proposed to carry to any reserves the Year.
Textual
Disclosures relating to amount recommended to be paid as dividend Information (35)
The company is
involved in the
manufacturing
activity and has
taken utmost care
for the
conservation of
Details regarding energy conservation energy and nature.
Further, the
Company has
made endeavour
to make
precautionary
measures to
conserve the non -
renewable
resources and use
the latest
technology in its
Details regarding technology absorption business.
During the year,
the Company has
made following
Foreign Exchange
Earning and
Outgo: Foreign
Earnings:
23,50,96,721
(P.Y:
3,61,54,638/-)
Foreign Outflow:
Details regarding foreign exchange earnings and outgo NIL (P.Y: NIL)
Textual
Disclosures in director’s responsibility statement Information (36)
Textual
Details of material changes and commitment occurred during period affecting financial position of company Information (37)
Textual
Particulars of loans guarantee investment under section 186 [Text Block] Information (38)
Textual
Particulars of contracts/arrangements with related parties under section 188(1) [Text Block] Information (39)
Details of statement indicating manner in which formal annual evaluation made by board of its performance and of its committees Textual
and individual directors [Text Block] Information (40)
Textual
Disclosure of extract of annual return as provided under section 92(3) [Text Block] Information (41)
Textual
Details of change in promoters shareholding [Text Block] Information (42)
Textual
Details of shareholding pattern of directors and key managerial personnel [Text Block] Information (43)
Textual
Disclosure of statement on declaration given by independent directors under section 149(6) [Text Block] Information (44)
Disclosure for companies covered under section 178(1) on directors appointment and remuneration including other matters Textual
provided under section 178(3) [Text Block] Information (45)
Textual
Disclosure of statement on development and implementation of risk management policy [Text Block] Information (46)
81
Details on policy development and implementation by company on corporate social responsibility initiatives taken during year Textual
[Text Block] Information (47)
Textual
Disclosure of financial summary or highlights [Text Block] Information (48)
Textual
Disclosure of change in nature of business [Text Block] Information (49)
Textual
Details of directors or key managerial personnels who were appointed or have resigned during year [Text Block] Information (50)
Disclosure of companies which have become or ceased to be its subsidiaries, joint ventures or associate companies during year Textual
[Text Block] Information (51)
Textual
Details relating to deposits covered under chapter v of companies act [Text Block] Information (52)
Textual
Details of deposits which are not in compliance with requirements of chapter v of act [Text Block] Information (53)
Details of significant and material orders passed by regulators or courts or tribunals impacting going concern status and Textual
company’s operations in future [Text Block] Information (54)
Textual
Details regarding adequacy of internal financial controls with reference to financial statements [Text Block] Information (55)
Textual
Disclosure of appointment and remuneration of managerial personnels [Text Block] Information (56)
Number of meetings of board [INR] 14.00
Details of material contracts/arrangements/transactions at arm's length basis [Table]

Material contracts/arrangements/transactions at arm's length basis
[Axis] RPT1 RPT2 RPT3 RPT4
Period FY 2019
Details of material contracts/arrangements/transactions at arm's
length basis [Abstract]
Details of material contracts/arrangements/transactions at arm's
length basis [Line Items]
Duke Plasto
Techniques Pvt Deep Glass & Duke Pumps Sales
Name of related party Ltd Plywood Center & Service Tagsen
Body corporate Body corporate Body corporate Body corporate
whose Board of whose Board of whose Board of whose Board of
Directors, Directors, Directors, Directors,
managing director managing director managing director managing director
or manager is or manager is or manager is or manager is
accustomed to act accustomed to act accustomed to act accustomed to act
in accordance in accordance in accordance in accordance
with the advice, with the advice, with the advice, with the advice,
directions or directions or directions or directions or
instructions of a instructions of a instructions of a instructions of a
director or director or director or director or
Nature of related party relationship manager manager manager manager
i)Sale & Purchase i)Purchase of
of Fixed Assets Fixed Assets,
Description of nature of material ii)Purchase and Purchase of fixed ii)Purchase and Purchase of
contracts/arrangements/transactions with related party sale of materials Assets sales of material material
Duration of material contracts/arrangements/transactions with
related party N.A N.A N.A N.A
Dates of approval of material
contracts/arrangements/transactions with related party by
board 19/07/2018 19/07/2018 19/07/2018 19/07/2018
Amount paid as advances if any for material
contracts/arrangements/transactions with related party 0 0 0 0
Details of principal business activities contributing 10% or more of total turnover of company [Table]
Product/service 1
Principal business activities of company [Axis] [Member]
Period FY 2019
Details of principal business activities contributing 10% or more of total turnover of company [Abstract]
Details of principal business activities contributing 10% or more of total turnover of company [Line Items]
Manufacturing of
Name of main product/service Pipes
Manufacturing of
Description of main product/service Pipes
NIC code of product/service 3632001
Percentage to total turnover of company 100%
82
Details of shareholding pattern [Table] ..(1)

Shareholding pattern [Axis] Shareholders [Member] Promoters [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
Details of shareholding pattern [Abstract]
Details of shareholding pattern [Line Items]
Number of demat shares held at end of period [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of physical shares held end of period [shares] 4,500,000 [shares] 4,500,000 [shares] 3,420,000 [shares] 1,845,000
Total number of shares held at end of period 4,500,000.00 4,500,000.00 3,420,000.00 1,845,000.00
Percentage of total shares held at end of period 100% 41% 76% 41%
Percentage of change in shares held during year 0% 35%

Shareholding pattern [Axis] Indian [Member] Individual/HUF [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
Percentage of change in shares held during year 35% 35%

Shareholding pattern [Axis] Public shareholding [Member] Non institutions [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
Percentage of change in shares held during year -35% -35%

Individual shareholders holding nominal
share capital upto rupees one lakh
Shareholding pattern [Axis] Individuals [Member] [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
Number of physical shares held end of period [shares] 1,080,000 [shares] 2,655,000 [shares] 0 [shares] 2,655,000
[shares] [shares] [shares]
Total number of shares held at end of period 1,080,000.00 2,655,000.00 [shares] 0.00 2,655,000.00
Percentage of change in shares held during year -35% -59%

Individual shareholders holding nominal
share capital in excess of rupees one lakh
Shareholding pattern [Axis] [Member]
Number of demat shares held at end of period [shares] 0 [shares] 0
Number of physical shares held end of period [shares] 1,080,000 [shares] 0
[shares]
Total number of shares held at end of period 1,080,000.00 [shares] 0.00
83
Percentage of total shares held at end of period 24% 0%

Percentage of change in shares held during year 24%
Details of shareholding of promoters [Table] ..(1)

Promoters [Axis] Promoter1 Promoter2 Promoter3 Promoter4
Period FY 2019
Details of shareholding of promoters [Abstract]
Details of shareholding of promoters [Line Items]
Dineshkumar K Bhaveshkumar
Shareholder’s name Patel Shantilal N Patel Patel Meenaben P Patel
Total number of shares held at end of period [shares] 1,530,000 [shares] 1,350,000 [shares] 360,000 [shares] 0
Percentage of shares pledged/encumbered to total shares at
end of period 0% 0% 0% 0%
Percentage of change in shares held during year 28% 24% 4% -9%
Details of shareholding of promoters [Table] ..(2)

Promoters [Axis] Promoter5 Promoter6
Period FY 2019
Details of shareholding of promoters [Abstract]
Details of shareholding of promoters [Line Items]
Shareholder’s name Lilaben R Patel Renukaben Patel
Total number of shares held at end of period [shares] 0 [shares] 180,000
Percentage of shares pledged/encumbered to total shares at end of period 0% 0%
Percentage of change in shares held during year -12% 0%
Details of change in promoters’ shareholding [Table] ..(1)

Promoters [Axis]
Change in shareholding [Axis] Shareholding [Member]
Details of change in promoters’ shareholding [Abstract]
Details of change in promoters’ shareholding [Line Items]
[shares] [shares]
Total number of shares held at end of period 4,500,000.00 4,500,000.00

Promoters [Axis] Promoter1
Cumulative
Shareholding at shareholding
Shareholding beginning of year during year
Change in shareholding [Axis] [Member] [Member] [Member]
Period FY 2019
Dineshkumar K Dineshkumar K
Name of promoter Patel Patel
Increase decrease in shareholding during year [shares] 1,260,000 [shares] 1,530,000
Percentage increase decrease in shareholding during year 28% 34%
Total number of shares held at end of period [shares] 1,530,000 [shares] 1,530,000 [shares] 1,530,000
Percentage of total shares held at end of period 34% 34% 34%
Textual Textual
Details of increase (decrease) in promoters shareholding during year [Text Block] Information (57) Information (58)
84

Cumulative
Period FY 2019
Name of promoter Shantilal N Patel Shantilal N Patel
Total number of shares held at end of period [shares] 1,350,000 [shares] 1,350,000 [shares] 1,350,000
Textual Textual

Cumulative
Period FY 2019
Bhaveshkumar Bhaveshkumar
Name of promoter Patel Patel
Increase decrease in shareholding during year [shares] 180,000 [shares] 360,000
Total number of shares held at end of period [shares] 360,000 [shares] 360,000 [shares] 360,000
Textual Textual

Cumulative
Period FY 2019
Name of promoter Meenaben P Patel Meenaben P Patel
Increase decrease in shareholding during year [shares] -405,000 [shares] 0
Percentage increase decrease in shareholding during year -9% 0%
Total number of shares held at end of period [shares] 0 [shares] 0 [shares] 0
Textual Textual

Cumulative
Period FY 2019
Name of promoter Lilaben R Patel Lilaben R Patel
Total number of shares held at end of period [shares] 0 [shares] 0 [shares] 0
Textual Textual
85

Cumulative
Period FY 2019
Name of promoter Renukaben Patel Renukaben Patel
Increase decrease in shareholding during year [shares] 0 [shares] 0
Total number of shares held at end of period [shares] 180,000 [shares] 180,000 [shares] 180,000
Textual Textual
Details of shareholding pattern of top 10 shareholders [Table] ..(1)

Name of top 10 shareholder [Axis] Name of top 10 shareholder [Member] Top 1 shareholder [Member]
Cumulative
beginning of year during year
Change in shareholding [Axis] Shareholding [Member] [Member] [Member]
Period FY 2019 FY 2018 FY 2019
Details of shareholding pattern of top 10 shareholders [Abstract]
Details of shareholding pattern of top 10 shareholders [Line
Items]
Name of shareholder Mr. Dipen Patel Mr. Dipen Patel
[shares] [shares]
Total number of shares held at end of period 4,500,000.00 4,500,000.00 [shares] 0 [shares] 0
Details of increase (decrease) in top 10 shareholders during Textual Textual
year [Text Block] Information (69) Information (70)

Name of top 10 shareholder [Axis] Top 2 shareholder [Member] Top 3 shareholder [Member]
Cumulative Cumulative
Shareholding at shareholding Shareholding at shareholding
beginning of year during year beginning of year during year
Change in shareholding [Axis] [Member] [Member] [Member] [Member]
Period FY 2019
Details of shareholding pattern of top 10 shareholders [Line
Items]
Mrs. Pushpaben Mrs. Pushpaben Mrs. Geetaben Mrs. Geetaben
Name of shareholder Patel Patel Patel Patel
Increase decrease in shareholding during year [shares] 0 [shares] 0 [shares] 0 [shares] 0
Percentage increase decrease in shareholding during year 0% 0% 0% 0%
Total number of shares held at end of period [shares] 540,000 [shares] 540,000 [shares] 540,000 [shares] 540,000
Details of increase (decrease) in top 10 shareholders during Textual Textual Textual Textual
year [Text Block] Information (71) Information (72) Information (73) Information (74)

Name of top 10 shareholder [Axis] Top 4 shareholder [Member]
Cumulative
Change in shareholding [Axis] [Member] [Member]
Period FY 2019
Details of shareholding pattern of top 10 shareholders [Line Items]
Name of shareholder Mr. ParthPatel Mr. ParthPatel
86
[shares]
Increase decrease in shareholding during year -1,125,000 [shares] 0
Total number of shares held at end of period [shares] 0 [shares] 0
Textual Textual
Details of increase (decrease) in top 10 shareholders during year [Text Block] Information (75) Information (76)
Details of shareholding pattern of directors and key managerial personnel [Table] ..(1)

Directors and key managerial personnel [Axis] DirectorKMP2
Cumulative
Change in shareholding [Axis] Shareholding [Member] [Member] [Member]
Period FY 2019 FY 2018 FY 2019
Details of shareholding pattern of directors and key managerial
personnel [Abstract]
Details of shareholding pattern of directors and key managerial
personnel [Line Items]
Name of directors and key managerial personnel Shantilal N Patel Shantilal N Patel
[shares] [shares]
Total number of shares held at end of period 4,500,000.00 4,500,000.00 [shares] 1,350,000 [shares] 1,350,000
Details of increase (decrease) in directors and key managerial Textual Textual
personnel shareholding during year [Text Block] Information (77) Information (78)
Details of shareholding pattern of directors and key managerial personnel [Table] ..(2)

Directors and key managerial personnel [Axis] DirectorandKMP1
Cumulative
Change in shareholding [Axis] [Member] [Member]
Period FY 2019
Details of shareholding pattern of directors and key managerial personnel [Abstract]
Details of shareholding pattern of directors and key managerial personnel [Line Items]
Dineskkumar K Dineskkumar K
Name of directors and key managerial personnel Patel Patel
Total number of shares held at end of period [shares] 1,530,000 [shares] 1,530,000
Details of increase (decrease) in directors and key managerial personnel shareholding during year [Text Textual Textual
Block] Information (79) Information (80)
Details of indebtedness of company [Table] ..(1)

Indebtedness [Axis] Indebtedness [Member] Secured loans excluding deposits [Member]
Period FY 2019 FY 2018 FY 2019 FY 2018
Details of indebtedness of company [Abstract]
Details of indebtedness of company [Line Items]
Changes in indebtedness [Abstract]
Addition in indebtedness 152,616,320.00 63,034,748.00
Reduction in indebtedness 16,544,505.00 16,544,505.00
Total changes in indebtedness 136,071,815.00 46,490,243.00
Principal amount at end of financial year 280,291,608.00 144,219,793.00 190,710,036.00 144,219,793.00
Interest due but not paid at end of financial year 0 0 0 0
Interest accrued but not due at end of financial year 0 0 0 0
Total indebtedness at end of financial year 280,291,608.00 144,219,793.00 190,710,036.00 144,219,793.00
Details of indebtedness of company [Table] ..(2)
87
Indebtedness [Axis] Unsecured loans [Member]

Details of indebtedness of company [Abstract]
Details of indebtedness of company [Line Items]
Changes in indebtedness [Abstract]
Addition in indebtedness 89,581,572.00
Reduction in indebtedness 0
Total changes in indebtedness 89,581,572.00
Principal amount at end of financial year 89,581,572.00 0
Interest due but not paid at end of financial year 0 0
Interest accrued but not due at end of financial year 0 0
Total indebtedness at end of financial year 89,581,572.00 0
Details regarding auditors' qualification(s), reservation(s) adverse remark(s) in auditors' report [Table]
Therearenoqualific
ationremarksgiven
bytheAuditorandhe
nceexplanationfort
hequalificationsisno
Auditors' qualification(s), reservation(s) adverse remark(s) in auditors' report [Axis] trequired
Period FY 2019
Details regarding auditors' qualification(s), reservation(s) adverse remark(s) in auditors' report [Abstract]
Details regarding auditors' qualification(s), reservation(s) adverse remark(s) in auditors' report [Line Items]
There are no
qualification
remarks given by
the Auditor and
hence explanation
for the
qualifications is
Auditors' qualification(s), reservation(s) adverse remark(s) in auditors' report not required.
There are no
qualification
remarks given by
the Auditor and
hence explanation
for the
qualifications is
Directors' comment on auditors' qualification(s), reservation(s) adverse remark(s) in auditors' report not required.
Details of directors signing board report [Table]

Directors signing board report [Axis] Director1
Period FY 2019
Details of signatories of board report [Abstract]
Details of directors signing board report [Line Items]
Name of director signing board report [Abstract]
First name of director Dineshkumar
Middle name of director Kanjibhai
Last name of director Patel
Designation of director Director
Director identification number of director 01769491
Date of signing board report 25/06/2019
Textual information (33): Disclosure in board of directors report explanatory [Text Block]
DIRECTORS' REPORT
To,
The Members,
Duke Pipes Private Limited
Your directors have pleasure in presenting before you the 9thAnnual Report of the Company together with the Audited Statement of Accounts for
the Financial Year ended 31stMarch, 2019.
PART I DISCLOSURES
1. COMPANY SPECIFIC INFORMATION
1.1 FINANCIAL RESULT:
The performance during the period ended 31stMarch, 2019 has been as under:
(Amount in Rs)
88
Particulars 31/03/2019 31/03/2018
Revenue from Operations 1,42,60,54,141 79,30,31,789
Other Income 69,78,214 18,15,811
Profit / (Loss) Before Depreciation, Finance costs, Exceptional items and tax expenses
9,31,95,270 77,72, 852
Less: Depreciation ( 2,46,39,532) ( 1,40,97,751)
Profit/loss before Finance Costs, Exceptional items and Tax Expense
6,85,55,738 6,36,29,101
Less: Finance Costs ( 3 56 00 628) ( 2,47,07,607)
Profit/loss before Exceptional items and Tax Expense 3,29,55,110 3,89,21,494
Less: Exceptional Items - -
Profit/ (Loss) before Tax 3,29,55,110 3,89,21,494
Less: Current Tax (68,00,000) (84,75,000)
Deferred Tax (27,70,141) ( 59,49,383)
Tax adjustment of earlier year 8,640 ( 57,149)
Profit/Loss for the year 2,33,93 ,609 2,44,39,962
The Company has earned total income of INR 1,43,30,32,355 as compared to INR 79,48,47,600/-in previous year. During the year the Company
has earned Net Profit of INR 2,33,93,609/- as compared to 2,44,39,962/- in previous year.
1.2 TRANSFER TO RESERVE
Company has not transferred any amount to reserve except Profit of INR. 2,33,93,609/- earned by Company During the Year.
1.3 DIVIDEND
The Board of Directors of the company, after considering holistically the relevant circumstances and keeping in view the company's dividend
distribution policy, has decided that it would be prudent, not to recommend any Dividend for the year under review.
1.4 COMPANY'S AFFAIR
The Company is currently working in the field of manufacturing of pipes. It is currently carrying its business under the Name and Style of "DUKE".
The Company is focusing on the manufacturing of UPVC Pipes .
1.5 CHANGE IN THE NATURE OF BUSINESS, IF ANY
During the year there was no change in the nature of the business of the Company.
1.6 MATERIAL CHANGES AND COMMITMENTS, IF ANY, AFFECTING THE FINANCIAL POSITION OF THE COMPANY
In the opinion of the Board of Directors, there are no material changes and commitments made by the Company occurring between the ends of
the financial, which is influential or affecting the financial position of the Company.
2. GENERAL INFORMATION
"Duke Pipes Private Limited" is engaged in pipe processing and developing pipes.
Duke Pipes is a reputed brand in the market which has been awarded for the high-quality piping products. We are always consistent and
committed towards our work and thus have become a reliable brand name.
Duke has been one trusted name which has been modifying the world with the convenience of high-quality and reliable piping products. We have
been in the industry for many years and in those years we have managed to be one strong name which is dedicated towards their hard work for
gaining as many satisfied clients as possible.
We also have a dedicated and committed workforce whose aim is to make the brand globally stronger and internationally more recognized.
Besides delivering quality and reliable products, we also focus on unique and innovative solutions to the different needs and requirements of the
customers.
3. CAPITAL STRUCTURE
The Capital Structure of the company is as below:
Authorized Share Capital Rs. 4,99,00,000 divided into 49,00,000 shares of Rs. 10 each
Issued Share Capital Rs. 4,50,00,000 divided into 45,00,000 shares of Rs. 10 each
Paid Up Share Capital Rs. 4,50,00,000 divided into 45,00,000 shares of Rs. 10 each
4. INVESTOR EDUCATION AND PROTECTION FUND

The Company has not declared any dividend, hence not transferred any amount to Investor education and Protection Fund.
5. MANAGEMENT
5.1 Directors and Key Managerial Personnel
During the year, the Board of Director was composed of two directors. There are no changes in composition of board of directors during the
financial year
5.2 Independent Directors and declaration by Independent Director
The provisions of Section 149 pertaining to the appointment of Independent Directors do not apply to our Company
89
5.3 Board Meetings

During the year, 14 meeting of board of director were held as mention below.
Sr. No. Date of Meeting Sr. No Date of Meeting
1 16-04-18 8 01-10-18
2 15-06-18 9 16-10-18
3 02-07-18 10 22-10-18
4 19-07-18 11 15-11-18
5 07-08-18 12 02-01-19
6 10-09-18 13 31-01-19
7 19-09-18 14 01-03-19
5.4 Committees
The provisions of Sec 177, 178(1) ,and 178(5) pertaining to the constitution of Audit Committee, Nomination & Remuneration Committee and
Stakeholders Relationship Committee respectively do not apply to our company so no committee was constituted during the year under review.
5.5 Recommendation of Audit Committee
As such the company does not fall under the category of Listed Company or other specified public company, the requirement for
recommendation of audit committee is not required.
5.6. Company's Policy on Directors' appointment and remuneration
Sub - Rule (2) of the Rule 5 of the Companies (Appointment & Remuneration or Managerial Personnel) Rules, 2014, read with Section 197 of the
Act, not applicable to the Company. No employees was in receipt of the remuneration in aggregate to Rs. 1.02 Crore per annum or Rs. 8.5 lakhs
per month or at a rate in excess of that drawn by the Managing Director / Whole - time director of Manager and holds himself or along with his
spouse & dependent children, no less than two percent of the equity shares of the Company. Further, the information required pursuant to
Section 197 read with Rule 5 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 in respect of employees
of the Company will be provided upon request. In terms of Section 136 of the Act, the Report and Accounts are being sent to the Members and
others entitled thereto, excluding the information on employees' particulars which is available for inspection by the Members at the Registered
Office of the Company during the business hours on working days of the Company up to the date of the ensuing Annual General Meeting.
5.7 Board Evaluation
As such the company does not fall under the category of Listed Company or other specified public company, the requirement for formal annual
evaluation of the performance of board is not required
5.8 Director' Responsibility Statement
The Directors' Responsibility Statement referred to in clause (c) of sub-section (3) of Section 134 of the Companies Act, 2013, shall state thatï¿½
(a) In the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating to
material departures;
(b) The directors had selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable
and prudent so as to give a true and fair view of the state of affairs of the company at the end of the financial year and of the profit and loss of the
company for that period;
(c) The directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of
this Act for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities;
(d) The directors had prepared the annual accounts on a going concern basis; and
(e) The directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were
adequate and operating effectively.
5.9 Internal Financial Control
As such the company does not fall under the category of Listed Company or other specified public company, the requirement for the Internal
Control System & its Adequacy is not required. However, the Board of Directors of the Company has formed the internal financial controls
commensurate with the size of the Business
5.10 Frauds reported by the Auditor
The auditors of the company reported that no offence involving fraud has been committed against the company by officers or employees of the
company, so no report needs to be addressed to the Central Government
6. DISCLOSURES RELATING TO SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES
The Company does not have Subsidiaries neither do have Associates or Ventures with other body corporate during the year.
7. DETAILS OF COMPANIES WHICH HAVE CEASE TO BE COME SUBSIDIARY, JOINT VENTURE OR ASSOCIATE COMPANY DURING
THE YEAR
During the year there has been no subsidiary, joint venture or associate company which has ceased to be associated with the company.
8. DEPOSITS
In respect to Section 73 to 76 of the companies Act, 2013 and other relevant provisions of the Act along with rules made thereunder, the
company has complied with the provisions to the extend it is applicable to the company, and filed DPT 3 as per the Act.
Details of amount received from director, relative of director, if any, is more particularly described in AS-18 of Audit Report
9. PARTICULARS OF LOANS, GUARANTEES AND INVESTMENTS
90
The details of Loans, Guarantees or Investments made by the Company pursuant to section 186 of the Companies Act, 2013 are given in the
notes to the Financial Statements.
10. PARTICULARS OF CONTRACTS OR ARRANGEMENTS WITH RELATED PARTIES
Disclosure relating to the particulars of contract or arrangement with related parties referred in sub-section (1) of Section 188 in Form AOC-2 is
given as Annexure -"I"
11. CORPORATE SOCIAL RESPONSIBILITY (CSR)
Since, the Company does not fall under the criteria as mentioned in the provisions of Section 135 of the Companies Act, 2013 and the
Companies (Corporate Social Responsibilities) Rules, 2014; the Company has not form the Corporate Social Responsibility (CSR) Policy and the
CSR Committee. The Company has not developed and implemented any Corporate Social Responsibility initiatives as the said provisions are
not applicable.
12. CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO:
Conservation of Energy & Technology Absorption:
The company is involved in the manufacturing activity and has taken utmost care for the conservation of energy and nature. Further, the
Company has made endeavour to make precautionary measures to conserve the non - renewable resources and use the latest technology in its
business.
Foreign Earnings and Outgo:
During the year, the Company has made following Foreign Exchange Earning and Outgo:
Foreign Earnings: 23,50,96,721 (P.Y: 3,61,54,638/- )
Foreign Outflow: NIL (P.Y: NIL)
13. RISK MANAGEMENT
Considering the current size of the Business transaction, the Company is yet to form the risk management policy, but there are necessary
provisions made by the Board for the purpose of identification and control of potential risk affecting to the business.
14. DETAILS OF ESTABLISHMENT OF VIGIL MECHANISM
As such the company does not fall under the category of Listed Company or other specified public company, the requirement relating to
establishment of vigil mechanism is not required.
15. MATERIAL ORDERS OF JUDICIAL BODIES/REGULATORS
There are no significant material orders passed by the Regulators/ Courts which would impact the going concern status of the Company and its
future operations.
16. AUDITORS
16.1 STATUTORY AUDITOR:
The board has proposed appointment of Manubhai & Shah LLP, chartered Accountants, Ahmedabad having FRN:106041W/W100136 as a
statutory Auditors of the company for the 5 consecutive years from the ensuing of this Annual General meeting till the conclusion of Annual
general meeting for the year 2023-2024 at such remuneration as may be determined by Board of Directors of the Company from time to time.
17. EXPLANATIONS IN RESPONSE TO AUDITORS' QUALIFICATIONS
There are no qualification remarks given by the Auditor and hence explanation for the qualifications is not required.
18. COMPLIANCE WITH SECRETARIAL STANDARDS
The company has complied with the "Secretarial Standard on Report of the Board of Directors" (SS-4) as issued by Institute of Company
Secretaries of India(ICSI).
19. ANNUAL RETURN
The details forming part of the extract of the Annual Return in form MGT - 9 is annexed herewith as Annexure-"II".
20. DISCLOSURES PERTAINING TO THE SEXUAL HARASSMENT OF WOMEN AT THE WORKPLACE(PREVENTION, PROHITBITION AND
REDRESSAL) ACT, 2013
The Company has always provided a congenial atmosphere for work to all employees that are free from discrimination and harassment including
sexual harassment. It has provided equal opportunities of employment to all without regard to their caste, religion, color, marital status and sex.
There were no cases reported under the said Policy during the year.
21. ACKNOWLEDGEMENTS
An acknowledgement to all with whose help, cooperation and hard work the Company is able to achieve the results
For and on behalf of the Board,
Date: 25/06/2019
Place: Palanpur
Mr. Dineshkumar Patel Mr. Shantilal Patel
Director Director
DIN: 01769491 DIN: 01770292
Annexure - I"
Form No. AOC-2
(Pursuant toclause (h) of sub-section (3)of section 134 of the Act andRule 8(2) of the Companies (Accounts) Rules, 2014)
Form for disclosure of particulars of contracts/arrangements entered into by the company with related parties referred to in sub-section (1) of
section 188 of the Companies Act, 2013 including certain arm's length transactions under third proviso thereto
1. Details of contracts or arrangements or transactions not at arm's length basis:
91
a) Name(s) of the related party and nature of relationship N.A
b) Nature of contracts/ Arrangements/transactions N.A
c) Duration of the contracts /Arrangements / transactions N.A
d) Salient terms of the contracts or arrangements or transactions

N.A
including the value, if any
e) Justification for entering into such Contractor arrangements or

N.A
transactions
f) Date(s) of approval by the Board N.A
g) Amount paid as advances, if any N.A
h) Date on which the special resolution was passed in general meeting as required under first proviso to section 188 N.A
2 . Details of contracts or arrangements or

transactions at arm's length basis:
a) Name(s) of the related party and nature of Duke Plasto Techniques Deep Glass & Duke Pumps Sales &
Tagsen
relationship Pvt Ltd Plywood Center Service
Enterprise over which Enterprise over

Enterprise over which Enterprise over which
b) Nature of contracts/ KMP are able to which KMP are able
KMP are able to exercise KMP are able to exercise
Arrangements/transactions exercise significant to exercise
significant Influence significant Influence
Influence significant Influence
i)Sale & Purchase of Fixed i)Purchase of Fixed

c) Duration of the contracts /Arrangements / Purchase of fixed Purchase of
Assets ii)Purchase and Assets, ii)Purchase and
transactions Assets material
sale of materials sales of material
d) Salient terms of the contracts or

arrangements or transactions N.A N.A N.A N.A
including the value, if any
e) Justification for entering into such

Contractor arrangements or N.A N.A N.A N.A
transactions
i)19/07/2018 i)16/04/2018 i) 19/07/2018

f) Date(s) of approval by the Board i)19/07/2018
ii)16/04/2018 ii)19/07/2018 .
g) Amount paid as advances, if any N.A N.A N.A N.A
h) #Date on which the ordinary resolution

was passed in general meeting as required 29/09/2018 29/09/2018 29/09/2018
under first proviso to section 188
# The Company has passed ordinary Resolution, not Special Resolution.

Date: 25/06/2019
Place: Palanpur
Director Director
DIN: 01769491 DIN: 01770292
" Annexure - II"

Form No. MGT-9
EXTRACT OF ANNUAL RETURN
As on the financial year ended on 31/03/2019
Of
[Pursuant to Section 92(3) of the Companies Act, 2013
&
Rule 12(1) of the Companies (Mgt. and Administration) Rules, 2014]
I. REGISTRATION AND OTHER DETAILS :
i) CIN: U25191GJ2010PTC062080
Foreign Company Registration Number/GLN Not Applicable
92
Registration Date [DD/MM/YY]

23/08/2010
Name of the Company
DUKE PIPES PRIVATE
ii) Category of the Company
LIMITED
iii) [Pl. tick]
Public Company
iv) Sub Category of the Company
ï¿½ Private Company
[ Please tick whichever are
[See Table (1)]
applicable
NAME AND REGISTERED OFFICE ADDRESS OF COMPANY

V)
AND CONTACT DETAILS:
R. S. No. 365/ Paiki 1, AT & PO - Chadotar, Gadh Road, Tal.

Address
Palanpur, Dist. Banaskatha Palanpur Banas Kantha
Town / City Ahmedabad
State Gujarat
Pin Code: 385001
Country Name : India
Country Code +91
Telephone (With STD Area Code no) 9428505903
Fax Number : N.A.
Email Address dkpatel@dukepipes.com
Website N.A.
Name of the Police Station having jurisdiction

Palanpur Police Station
where the registered office is situated
Address for correspondence, if different from

N.A.
address of registered office:
Whether shares listed on recognized Stock Exchange(s)

vi) NO
If yes, details of stock exchanges where shares are listed
[See Table (2)]
Name and Address of Registrar & Transfer Agents ( RTA ):- Full
Vii)
address and contact details to be given.
Registrar & Transfer Agents ( RTA ):- N.A
Address N.A
Town / City N.A
State N.A
Pin Code: N.A
Telephone (With STD Area Code Number) N.A
Fax Number : N.A
Website N.A
Table (1)
1. Government Company
2. Small Company
3. One Person Company
4. Subsidiary of Foreign Company
5. NBFC
6. Guarantee Company
7. Limited by shares ï¿½
8. Unlimited Company
9. Company having share capital
93
10. Company not having share capital
11. Company Registered under Sec. 8
Table (2)
Sr. No. Stock Exchange Name Code
N.A.
II. PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY ( All the business activities contributing 10 % or more of the total turnover of the
company shall be stated)
NIC Code of the Product/service

Sr. No. Name and Description of main products / services % to total turnover of the Company
1 Manufacturing of Pipes 3632001 100
III. PARTICULARS OF HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES
SR. NO. NAME AND ADDRESS OF THE COMPANY CIN/GLN HOLDING/ SUBSIDIARY / ASSOCIATE
1 N.A. N.A. N.A.
IV. SHARE HOLDING PATTERN (EQUITY SHARE CAPITAL BREAK UP AS PERCENTAGE OF TOTAL EQUITY)
i) Category-wise Share Holding
No. of
Shares
No. of Shares
held at the
held at the % Change
beginning
Category of Shareholders end of the during
of the
year[As on the year
year[As on
31-03-2019]
01-04-2018
]
% of % of
Demat Physical Total Total Demat Physical Total Total
Shares Shares
A. Promoter' s
(1)Indian
a) Individual/ HUF - 18,45,000 18,45,000 41 34,20,000 34,20,000 76 35
b) Central Govt - - - - - - - - -
c) State Govt(s) - - - - - - - - -
d) Bodies Corp. - - - - - - - -
e) Banks / FI - - - - - - - - -
f) Any other - - - - - - - - -
Sub-total(A) (1):- - 18,45,000 18,45,000 41 - 34,20,000 34,20,000 76 35
(2) Foreign
(a) NRIs- Individuals - - - - - - - - -
(b) Other- Individuals - - - - - - - - -
(c) Bodies Corp. - - - - - - - - -
(d)Banks FI - - - - - - - - -
(e) Any Other - - - - - - - - -
Sub-total(A)(2):- - - - - - - - - -
Total Shareholding of
- 18,45,000 18,45,000 41 - 34,20,000 34,20,000 76 35
Promoter(A)= (A)(1)+(A)(2)
B. Public Shareholding
1. Institutions - - - - - - - - -
a) Mutual Funds - - - - - - - - -
b) Banks / FI - - - - - - - - -
94
c) Central Govt - - - - - - - - -
d) State Govt(s) - - - - - - - - -
e) Venture Capital Funds - - - - - - - - -
f) Insurance Companies - - - - - - - - -
g) FIIs - - - - - - - - -
h) Foreign Venture Capital Funds - - - - - - - - -
i) Others (specify)(Trusts) - - - - - - - - -
Sub-total (B)(1):- - - - - - - - - -
2. Non-Institutions - - - - - - - - -
a) Bodies Corp. - - - - - - - - -
i) Indian - - - - - - - - - -
ii) Overseas - - - - - - - - -
b) Individuals - - - - - - - - -
i) Individual shareholders holding

nominal share capital upto Rs. 1 - - - - - - - - -
lakh
ii) Individual shareholders holding

nominal share capital in excess of - 26,55,000 26,55,000 59 - 10,80,000 10,80,000 24 -35
Rs 1 lakh
c)Others - Non Resident Indians

- - - - - - - - -
(Repartriates)
Sub-total (B)(2):- - 26,55,000 26,55,000 59 - 10,80,000 10,80,000 24 -35
Total Public Shareholding

- 26,55,000 26,55,000 59 - 10,80,000 10,80,000 24 -35
(B)=(B)(1)+(B)(2)
C. Shares held by Custodian for

- - - - - - - - -
GDRs & ADRs
Grand Total (A+B+C) - 45,00,000 45,00,000 100 - 45,00,000 45,00,000 100 -
ii) Shareholding of Promoter-
Shareholding at the Share holding at

% change in share
beginning of the the end of the
Sr.No. Shareholder's Name holding during the
year[As on year[As on
year
01-04-2018] 31-03-2019]
% of Shares % of total %of Shares

% of total Shares Pledged / Shares of Pledged /
No. of Shares No. of Shares
of the company encumbered to the encumbered
total shares company to total shares
1. Dineshkumar K Patel 2,70,000 6 - 15,30,000 34 - 28
2. Shantilal N Patel 2,70,000 6 - 13,50,000 30 - 24
3. Bhaveshkumar Patel 1,80,000 4 - 3,60,000 8 - 4
4. Meenaben P Patel 4,05,000 9 - 0 0 - -9
5. Lilaben R Patel 5,40,000 12 - 0 0 - -12
6. Renukaben Patel 1,80,000 4 - 1,80,000 4 - -
iii )Change in Promoters' Shareholding (please specify, if there is no change)

1. Dineshkumar K Patel
Shareholding at the beginning of Cumulative Shareholding

Particulars
the year during the year
No. of Shares % of total shares No. of Shares % of total shares
At the beginning of the year 2,70,000 6% 2,70,000 6%
Transfer as on dated 10.09.18 12,60,000 28% 15,30,000 34%
95
At the End of the year 15,30,000 34% 15,30,000 34%
2. Shantilal N Patel

Particulars
3. Bhaveshkumar Patel

Particulars
4. Meenaben P Patel
Shareholding at the beginning of the Cumulative Shareholding during

Particulars
year the year
Transfer as on dated 10.09.18 4,05,000 9% 0 0
At the End of the year 0 0 0 0
5. Lilaben R Patel

Particulars
year the year
6. Renukaben Patel

Particulars
No Changes During the Year 0 0 0 0
iv) Shareholding Pattern of top ten Shareholders:

(Other than Directors, Promoters and Holders of GDRs and ADRs):
1. Mr. Dipen Patel

Particulars
year the year
At the beginning of the year 4,50,000 10 4,50,000 10
Transfer as on dated 10.09.18 4,50,000 10 0 0
2. Mrs. Pushpaben Patel
96

Particulars
No Changes During the Year - - - -
At the End of the year 5,40,000 12 5,40,000 12
3. Mrs. Geetaben Patel

Particulars
4. Mr. ParthPatel
Shareholding at the beginning of the Cumulative Shareholding

Particulars
year during the year
v) Shareholding of Directors and Key Managerial Personnel:

1. Dineskkumar K Patel

Particulars

Particulars
V) INDEBTEDNESS -Indebtedness of the Company including interest outstanding/accrued but not due for payment (Rs. In Lacs)
Secured Loans excluding

Particulars Unsecured Loans Deposits Total Indebtedness
deposits
Indebtedness at the beginning of the financial year
i) Principal Amount 14,42,19,793 - - 14,42,19,793
ii) Interest due but not paid - - - -
iii) Interest accrued but not due - - - -
Total (i+ii+iii) 14,42,19,793 - - 14,42,19,793
Change in Indebtedness during the financial year
* Addition 6,30,34,748 8 95 81 572 15,26,16,320
* Reduction 1,65,44,505 - 1,65,44,505
97
Net Change 4,64,90,243 8 95 81 572 13,60,71,815
Indebtedness at the end of the financial year
i) Principal Amount 19,07,10,036 8 95 81 572 - 28,02,91,608
Total (i+ii+iii) 19,07,10,036 8 95 81 572 - 28,02,91,608
VI. REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL-

A. Remuneration to Managing Director, Whole-time Directors and/or Manager:
Name of MD/WTD/
SN. Particulars of Remuneration Total Amount
Manager
Dineshkumar K Patel Shantilal N Patel
1 Gross salary 96 28 080 96 28 080 1,92,56,160
(a) Salary as per provisions contained in

- - -
section 17(1) of the Income-tax Act, 1961
(b) Value of perquisites u/s 17(2)

- - -
Income-tax Act, 1961
(c) Profits in lieu of salary under section

- - -
17(3) Income- tax Act, 1961
2 Stock Option - - -
3 Sweat Equity - - -
Commission
4 - as % of profit - - -
- others, specifyï¿½
-
5 Others, please specify - -
-
96 28 080
Total (A) 96 28 080 1,92,56,160
-
-
Ceiling as per the Act - -
-
B. Remuneration to other directors
Name of Independent/
SN Particulars of Remuneration
Non-Executive Director
1 Independent Directors
NIL
Fee for attending board
NIL
committee meetings
Commission
Others, please specify
Total (1)
2 Other Non-Executive Directors
Fee for attending board committee meetings
Commission
Total (2)
Total (B)=(1+2)
98
Total Managerial
Remuneration
Overall Ceiling as per the Act
C. Remuneration To Key Managerial Personnel Other Than MD/MANAGER/WTD
Key Managerial
Personnel
CEO CS CFO Total
1 Gross salary
(a) Salary as per provisions contained in section 17(1)

N.A.
of the Income-tax Act, 1961
(b) Value of perquisites u/s 17(2) Income-tax Act,

1961
(c) Profits in lieu of salary under section 17(3)

2 Stock Option
3 Sweat Equity
4 Commission
- as % of profit
others, specifyï¿½
5 Others, please specify
Total
VII. PENALTIES / PUNISHMENT/ COMPOUNDING OF OFFENCES:
Details of Penalty /
Authority
Section of the Brief Punishment/ Appeal made,
Type [RD / NCLT/
Companies Act Description Compounding fees if any (give Details)
COURT]
imposed
A. COMPANY
Penalty Nil Nil Nil Nil Nil
Punishment Nil Nil Nil Nil Nil
Compounding Nil Nil Nil Nil Nil
B. DIRECTORS
C. OTHER OFFICERS IN
DEFAULT

Date: 25/06/2019
Place: Palanpur
Director Director
DIN: 01769491 DIN: 01770292
Textual information (34): Description of state of companies affair
99
The Company is currently working in the field of manufacturing of pipes. It is currently carrying its business under the Name and Style of "DUKE
ATUT". The Company is focusing on the manufacturing of UPVC Pipes .
Textual information (35): Disclosures relating to amount recommended to be paid as dividend
The Board of Directors of the company, after considering holistically the relevant circumstances and keeping in view the company's dividend
distribution policy, has decided that it would be prudent, not to recommend any Dividend for the year under review.
Textual information (36): Disclosures in director’s responsibility statement
The Directors' Responsibility Statement referred to in clause (c) of sub-section (3) of Section 134 of the Companies Act, 2013, shall state that- (a)
In the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating to
material departures; (b) The directors had selected such accounting policies and applied them consistently and made judgments and estimates
that are reasonable and prudent so as to give a true and fair view of the state of affairs of the company at the end of the financial year and of the
profit and loss of the company for that period; (c) The directors had taken proper and sufficient care for the maintenance of adequate accounting
records in accordance with the provisions of this Act for safeguarding the assets of the company and for preventing and detecting fraud and other
irregularities; (d) The directors had prepared the annual accounts on a going concern basis; and (e) The directors had devised proper systems to
ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.
Textual information (37): Details of material changes and commitment occurred during period affecting financial
position of company
In the opinion of the Board of Directors, there are no material changes and commitments made by the Company occurring between the ends of
the financial, which is influential or affecting the financial position of the Company.
Textual information (38): Particulars of loans guarantee investment under section 186 [Text Block]
The details of Loans, Guarantees or Investments made by the Company pursuant to section 186 of the Companies Act, 2013 are given in the
notes to the Financial Statements.
Textual information (39): Particulars of contracts/arrangements with related parties under section 188(1) [Text Block]
Disclosure relating to the particulars of contract or arrangement with related parties referred in sub-section (1) of Section 188 in Form AOC-2 is
given as Annexure -"I"
Textual information (40): Details of statement indicating manner in which formal annual evaluation made by board of
its performance and of its committees and individual directors [Text Block]
As such the company does not fall under the category of Listed Company or other specified public company, the requirement for formal annual
evaluation of the performance of board is not required
Textual information (41): Disclosure of extract of annual return as provided under section 92(3) [Text Block]
Form No. MGT-9

EXTRACT OF ANNUAL RETURN
As on the financial year ended on 31/03/2019
Of
[Pursuant to Section 92(3) of the Companies Act, 2013
&
Rule 12(1) of the Companies (Mgt. and Administration) Rules, 2014]
I. REGISTRATION AND OTHER DETAILS :
i) CIN: U25191GJ2010PTC062080
Foreign Company Registration Number/GLN Not Applicable
100
Registration Date [DD/MM/YY]

23/08/2010
Name of the Company
DUKE PIPES PRIVATE
ii) Category of the Company
LIMITED
iii) [Pl. tick]
Public Company
iv) Sub Category of the Company
ï¿½ Private Company
[ Please tick whichever are
[See Table (1)]
applicable
NAME AND REGISTERED OFFICE ADDRESS OF COMPANY

V)
AND CONTACT DETAILS:
R. S. No. 365/ Paiki 1, AT & PO - Chadotar, Gadh Road, Tal.

Address
Palanpur, Dist. BanaskathaPalanpurBanasKantha
Town / City Ahmedabad
State Gujarat
Pin Code: 385001
Country Name : India
Country Code +91
Telephone (With STD Area Code no) 9428505903
Fax Number : N.A.
Email Address dkpatel@dukepipes.com
Website N.A.
Name of the Police Station having jurisdiction

Palanpur Police Station
where the registered office is situated
Address for correspondence, if different from

N.A.
address of registered office:
Whether shares listed on recognized Stock Exchange(s)

vi) NO
If yes, details of stock exchanges where shares are listed
[See Table (2)]
Name and Address of Registrar & Transfer Agents ( RTA ):- Full
Vii)
address and contact details to be given.
Registrar & Transfer Agents ( RTA ):- N.A
Address N.A
Town / City N.A
State N.A
Pin Code: N.A
Telephone (With STD Area Code Number) N.A
Fax Number : N.A
Website N.A
Table (1)
1. Government Company
2. Small Company
3. One Person Company
4. Subsidiary of Foreign Company
5. NBFC
6. Guarantee Company
7. Limited by shares ï¿½
8. Unlimited Company
9. Company having share capital
101
10. Company not having share capital
11. Company Registered under Sec. 8
Table (2)
Sr. No. Stock Exchange Name Code
N.A.
II. PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY ( All the business activities contributing 10 % or more of the total turnover of the
company shall be stated)
NIC Code of the Product/service

Sr. No. Name and Description of main products / services % to total turnover of the Company
1 Manufacturing of Pipes 3632001 100
III. PARTICULARS OF HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES
SR. NO. NAME AND ADDRESS OF THE COMPANY CIN/GLN HOLDING/ SUBSIDIARY / ASSOCIATE
1 N.A. N.A. N.A.
IV. SHARE HOLDING PATTERN (EQUITY SHARE CAPITAL BREAK UP AS PERCENTAGE OF TOTAL EQUITY)
i) Category-wise Share Holding
No. of
Shares
No. of Shares
held at the
held at the % Change
beginning
Category of Shareholders end of the during
of the
year[As on the year
year[As on
31-03-2019]
01-04-2018
]
% of % of
Demat Physical Total Total Demat Physical Total Total
Shares Shares
A. Promoter' s
(1)Indian
a) Individual/ HUF - 18,45,000 18,45,000 41 34,20,000 34,20,000 76 35
b) Central Govt - - - - - - - - -
c) State Govt(s) - - - - - - - - -
d) Bodies Corp. - - - - - - - -
e) Banks / FI - - - - - - - - -
f) Any other - - - - - - - - -
Sub-total(A) (1):- - 18,45,000 18,45,000 41 - 34,20,000 34,20,000 76 35
(2) Foreign
(a) NRIs- Individuals - - - - - - - - -
(b) Other- Individuals - - - - - - - - -
(c) Bodies Corp. - - - - - - - - -
(d)Banks FI - - - - - - - - -
(e) Any Other - - - - - - - - -
Sub-total(A)(2):- - - - - - - - - -
Total Shareholding of
- 18,45,000 18,45,000 41 - 34,20,000 34,20,000 76 35
Promoter(A)= (A)(1)+(A)(2)
B. Public Shareholding
1. Institutions - - - - - - - - -
a) Mutual Funds - - - - - - - - -
b) Banks / FI - - - - - - - - -
102
c) Central Govt - - - - - - - - -
d) State Govt(s) - - - - - - - - -
e) Venture Capital Funds - - - - - - - - -
f) Insurance Companies - - - - - - - - -
g) FIIs - - - - - - - - -
h) Foreign Venture Capital Funds - - - - - - - - -
i) Others (specify)(Trusts) - - - - - - - - -
Sub-total (B)(1):- - - - - - - - - -
2. Non-Institutions - - - - - - - - -
a) Bodies Corp. - - - - - - - - -
i) Indian - - - - - - - - - -
ii) Overseas - - - - - - - - -
b) Individuals - - - - - - - - -
i) Individual shareholders holding

nominal share capital upto Rs. 1 - - - - - - - -
lakh
ii) Individual shareholders holding

nominal share capital in excess of - 26,55,000 26,55,000 59 - 10,80,000 10,80,000 24 -35
Rs 1 lakh
c)Others - Non Resident Indians

- - - - - - - - -
(Repartriates)
Sub-total (B)(2):- - 26,55,000 26,55,000 59 - 10,80,000 10,80,000 24 -35
Total Public Shareholding

- 26,55,000 26,55,000 59 - 10,80,000 10,80,000 24 -35
(B)=(B)(1)+(B)(2)
C. Shares held by Custodian for

- - - - - - - - -
GDRs & ADRs
Grand Total (A+B+C) - 45,00,000 45,00,000 100 - 45,00,000 45,00,000 100 -
ii) Shareholding of Promoter-
Shareholding at the Share holding at

% change in share
beginning of the the end of the
Sr.No. Shareholder's Name holding during the
year[As on year[As on
year
01-04-2018] 31-03-2019]
% of Shares % of total %of Shares

% of total Shares Pledged / Shares of Pledged /
No. of Shares No. of Shares
of the company encumbered to the encumbered
total shares company to total shares
1. Dineshkumar K Patel 2,70,000 6 - 15,30,000 34 - 28
2. Shantilal N Patel 2,70,000 6 - 13,50,000 30 - 24
3. Bhaveshkumar Patel 1,80,000 4 - 3,60,000 8 - 4
4. Meenaben P Patel 4,05,000 9 - 0 0 - -9
5. Lilaben R Patel 5,40,000 12 - 0 0 - -12
6. Renukaben Patel 1,80,000 4 - 1,80,000 4 - -
iii )Change in Promoters' Shareholding (please specify, if there is no change)


Particulars
103

Particulars

Particulars
4. Meenaben P Patel

Particulars
year the year
5. Lilaben R Patel

Particulars
year the year
6. Renukaben Patel

Particulars
iv) Shareholding Pattern of top ten Shareholders:

(Other than Directors, Promoters and Holders of GDRs and ADRs):
1. Mr. Dipen Patel

Particulars
year the year
104

Particulars

Particulars
4. Mr. ParthPatel

Particulars
v) Shareholding of Directors and Key Managerial Personnel:


Particulars

Particulars
V) INDEBTEDNESS -Indebtedness of the Company including interest outstanding/accrued but not due for payment (Rs. In Lacs)
Secured Loans excluding

Particulars Unsecured Loans Deposits Total Indebtedness
deposits
Indebtedness at the beginning of the financial year
i) Principal Amount 14,42,19,793 - - 14,42,19,793
Total (i+ii+iii) 14,42,19,793 - - 14,42,19,793
Change in Indebtedness during the financial year
* Addition 6,30,34,748 8 95 81 572 15,26,16,320
* Reduction 1,65,44,505 - 1,65,44,505
105
Net Change 4,64,90,243 8 95 81 572 13,60,71,815
Indebtedness at the end of the financial year
i) Principal Amount 19,07,10,036 8 95 81 572 - 28,02,91,608
Total (i+ii+iii) 19,07,10,036 8 95 81 572 - 28,02,91,608
VI. REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL-

A. Remuneration to Managing Director, Whole-time Directors and/or Manager:
Name of MD/WTD/
SN. Particulars of Remuneration Total Amount
Manager
Dineshkumar K Patel Shantilal N Patel
1 Gross salary 96 28 080 96 28 080 1,92,56,160
(a) Salary as per provisions contained in

- - -
section 17(1) of the Income-tax Act, 1961
(b) Value of perquisites u/s 17(2)

- - -
(c) Profits in lieu of salary under section

- - -
17(3) Income- tax Act, 1961
2 Stock Option - - -
3 Sweat Equity - - -
Commission
4 - as % of profit - - -
- others, specifyï¿½
-
5 Others, please specify - -
-
96 28 080
Total (A) 96 28 080 1,92,56,160
-
-
Ceiling as per the Act - -
-
B. Remuneration to other directors
Name of Independent/
Non-Executive Director
1 Independent Directors
NIL
Fee for attending board
NIL
committee meetings
Commission
Total (1)
2 Other Non-Executive Directors
Fee for attending board committee meetings
Commission
Total (2)
Total (B)=(1+2)
106
Total Managerial
Remuneration
Overall Ceiling as per the Act
C. Remuneration To Key Managerial Personnel Other Than MD/MANAGER/WTD
Key Managerial
Personnel
CEO CS CFO Total
1 Gross salary
(a) Salary as per provisions contained in section 17(1)

N.A.
of the Income-tax Act, 1961
(b) Value of perquisites u/s 17(2) Income-tax Act,

1961
(c) Profits in lieu of salary under section 17(3)

2 Stock Option
3 Sweat Equity
4 Commission
- as % of profit
others, specifyï¿½
5 Others, please specify
Total
VII. PENALTIES / PUNISHMENT/ COMPOUNDING OF OFFENCES:
Details of Penalty /
Authority
Section of the Brief Punishment/ Appeal made,
Type [RD / NCLT/
Companies Act Description Compounding fees if any (give Details)
COURT]
imposed
A. COMPANY
B. DIRECTORS
C. OTHER OFFICERS IN
DEFAULT

Date: 25/06/2019
Place: Palanpur
Director Director
DIN: 01769491 DIN: 01770292
Textual information (42): Details of change in promoters shareholding [Text Block]
107
Change in Promoters' Shareholding (please specify, if there is no change)


Particulars

Particulars

Particulars
4. Meenaben P Patel

Particulars
year the year
5. Lilaben R Patel

Particulars
year the year
6. Renukaben Patel

Particulars
Textual information (43): Details of shareholding pattern of directors and key managerial personnel [Text Block]
Shareholding of Directors and Key Managerial Personnel:
108

Particulars

Particulars
Textual information (44): Disclosure of statement on declaration given by independent directors under section 149(6)
[Text Block]
The provisions of Section 149 pertaining to the appointment of Independent Directors do not apply to our Company
Textual information (45): Disclosure for companies covered under section 178(1) on directors appointment and
remuneration including other matters provided under section 178(3) [Text Block]
The provisions of Sec 177, 178(1) ,and 178(5) pertaining to the constitution of Audit Committee, Nomination & Remuneration Committee and
Stakeholders Relationship Committee respectively do not apply to our company so no committee was constituted during the year under review.
Textual information (46): Disclosure of statement on development and implementation of risk management policy [Text
Block]
Considering the current size of the Business transaction, the Company is yet to form the risk management policy, but there are necessary
provisions made by the Board for the purpose of identification and control of potential risk affecting to the business.
Textual information (47): Details on policy development and implementation by company on corporate social
responsibility initiatives taken during year [Text Block]
Since, the Company does not fall under the criteria as mentioned in the provisions of Section 135 of the Companies Act, 2013 and the
Companies (Corporate Social Responsibilities) Rules, 2014; the Company has not form the Corporate Social Responsibility (CSR) Policy and the
CSR Committee. The Company has not developed and implemented any Corporate Social Responsibility initiatives as the said provisions are
not applicable.
Textual information (48): Disclosure of financial summary or highlights [Text Block]
The performance during the period ended 31stMarch, 2019 has been as under:
(Amount in Rs)
Particulars 31/03/2019 31/03/2018
Revenue from Operations 1,42,60,54,141 79,30,31,789
Other Income 69,78,214 18,15,811
Profit / (Loss) Before Depreciation, Finance costs, Exceptional

9,31,95,270 77,72, 852
items and tax expenses
Less: Depreciation ( 2,46,39,532) ( 1,40,97,751)
Profit/loss before Finance Costs, Exceptional items and Tax

6,85,55,738 6,36,29,101
Expense
109
Less: Finance Costs ( 3 56 00 628) ( 2,47,07,607)
Profit/loss before Exceptional items and Tax Expense 3,29,55,110 3,89,21,494
Less: Exceptional Items - -
Profit/ (Loss) before Tax 3,29,55,110 3,89,21,494
Less: Current Tax (68,00,000) (84,75,000)
Deferred Tax (27,70,141) ( 59,49,383)
Tax adjustment of earlier year 8,640 ( 57,149)
Profit/Loss for the year 2,33,93 ,609 2,44,39,962
The Company has earned total income of INR 1,43,30,32,355 as compared to INR 79,48,47,600/-in previous year. During the year the Company
has earned Net Profit of INR 2,33,93,609/- as compared to 2,44,39,962/- in previous year.
Textual information (49): Disclosure of change in nature of business [Text Block]
During the year there was no change in the nature of the business of the Company.
Textual information (50): Details of directors or key managerial personnels who were appointed or have resigned
during year [Text Block]
During the year, the Board of Director was composed of two directors. There are no changes in composition of board of directors during the
financial year
Textual information (51): Disclosure of companies which have become or ceased to be its subsidiaries, joint ventures or
associate companies during year [Text Block]
During the year there has been no subsidiary, joint venture or associate company which has ceased to be associated with the company.
Textual information (52): Details relating to deposits covered under chapter v of companies act [Text Block]
Details of amount received from director, relative of director, if any, is more particularly described in AS-18 of Audit Report.
Textual information (53): Details of deposits which are not in compliance with requirements of chapter v of act [Text
Block]
Details of amount received from director, relative of director, if any, is more particularly described in AS-18 of Audit Report.
Textual information (54): Details of significant and material orders passed by regulators or courts or tribunals
impacting going concern status and company’s operations in future [Text Block]
There are no significant material orders passed by the Regulators/ Courts which would impact the going concern status of the Company and its
future operations.
Textual information (55): Details regarding adequacy of internal financial controls with reference to financial
statements [Text Block]
As such the company does not fall under the category of Listed Company or other specified public company, the requirement for the Internal
Control System & its Adequacy is not required. However, the Board of Directors of the Company has formed the internal financial controls
commensurate with the size of the Business
Textual information (56): Disclosure of appointment and remuneration of managerial personnels [Text Block]
110
Sub - Rule (2) of the Rule 5 of the Companies (Appointment & Remuneration or Managerial Personnel) Rules, 2014, read with Section 197 of the
Act, not applicable to the Company. No employees was in receipt of the remuneration in aggregate to Rs. 1.02 Crore per annum or Rs. 8.5 lakhs
per month or at a rate in excess of that drawn by the Managing Director / Whole - time director of Manager and holds himself or along with his
spouse & dependent children, no less than two percent of the equity shares of the Company. Further, the information required pursuant to
Section 197 read with Rule 5 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 in respect of employees
of the Company will be provided upon request. In terms of Section 136 of the Act, the Report and Accounts are being sent to the Members and
others entitled thereto, excluding the information on employees' particulars which is available for inspection by the Members at the Registered
Office of the Company during the business hours on working days of the Company up to the date of the ensuing Annual General Meeting.
Textual information (57): Details of increase (decrease) in promoters shareholding during year [Text Block]

Particulars

Particulars

Particulars

Particulars
111

Particulars

Particulars
4. Meenaben P Patel

Particulars
year the year
4. Meenaben P Patel

Particulars
year the year
5. Lilaben R Patel

Particulars
year the year
112
5. Lilaben R Patel

Particulars
year the year
6. Renukaben Patel

Particulars
6. Renukaben Patel

Particulars
Textual information (69): Details of increase (decrease) in top 10 shareholders during year [Text Block]
1. Mr. Dipen Patel

Particulars
year the year
1. Mr. Dipen Patel

Particulars
year the year
113

Particulars

Particulars

Particulars

Particulars
1. Mr. ParthPatel

Particulars
114
1. Mr. ParthPatel

Particulars
Textual information (77): Details of increase (decrease) in directors and key managerial personnel shareholding during
year [Text Block]

Particulars
year [Text Block]

Particulars
year [Text Block]

Particulars
year [Text Block]

Particulars
115
116
[400500] Disclosures - Secretarial audit report

Period FY 2019
Whether secretarial audit report is applicable on company No
117

DUKE - PIPES - PRIVATE - LIMITED - 2018-19 - Financial Statement - XML

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DUKE PIPES PRIVATE LIMITED

Standalone Financial Statements for period 01/04/2018 to 31/03/2019

[100100] Balance sheet

Unless otherwise specified, all monetary values are in INR

[100200] Statement of profit and loss

Unless otherwise specified, all monetary values are in INR

[100300] Cash flow statement, direct

Unless otherwise specified, all monetary values are in INR

[100400] Cash flow statement, indirect

Unless otherwise specified, all monetary values are in INR

Proceeds from issuing shares 0 0

[200100] Notes - Share capital

Unless otherwise specified, all monetary values are in INR

Disclosure of classes of share capital [Table] ..(1)

Unless otherwise specified, all monetary values are in INR

Other decrease in number of shares [shares] 0 [shares] 0 [shares] 0 [shares] 0

Disclosure of classes of share capital [Table] ..(2)

Unless otherwise specified, all monetary values are in INR

Number of shares subscribed but not fully paid [shares] 0 [shares] 0

Share capital at end of period 45,000,000.00 45,000,000.00

Unless otherwise specified, all monetary values are in INR

Unless otherwise specified, all monetary values are in INR

Unless otherwise specified, all monetary values are in INR

Unless otherwise specified, all monetary values are in INR

Classes of share capital [Axis] Equity shares 1 [Member]

Unless otherwise specified, all monetary values are in INR

Unless otherwise specified, all monetary values are in INR

[200200] Notes - Reserves and surplus

Statement of changes in reserves [Table]

[200300] Notes - Borrowings

Classification of borrowings [Table] ..(1)

Unless otherwise specified, all monetary values are in INR

Classification of borrowings [Table] ..(2)

Unless otherwise specified, all monetary values are in INR

Classification of borrowings [Table] ..(3)

Unless otherwise specified, all monetary values are in INR

[200600] Notes - Subclassification and notes on liabilities and assets

Unless otherwise specified, all monetary values are in INR

Disclosure of breakup of provisions [Table]

Loans and advances [Table] ..(1)

Unless otherwise specified, all monetary values are in INR

Loans and advances [Table] ..(2)

Unless otherwise specified, all monetary values are in INR

Loans and advances [Table] ..(3)

Unless otherwise specified, all monetary values are in INR

Classification of inventories [Table] ..(1)

Unless otherwise specified, all monetary values are in INR

Classification of inventories [Table] ..(2)

Unless otherwise specified, all monetary values are in INR

Classification of inventories [Axis] Work-in-progress [Member] Finished goods [Member]

Subclassification of trade receivables [Table]

Textual information (7): Mode of valuation

Textual information (8): Mode of valuation

Textual information (9): Mode of valuation

Textual information (10): Mode of valuation

Textual information (11): Mode of valuation

Textual information (12): Mode of valuation

Textual information (13): Mode of valuation

Textual information (14): Mode of valuation

[200700] Notes - Additional disclosures on balance sheet

Unless otherwise specified, all monetary values are in INR

Unless otherwise specified, all monetary values are in INR