Chartered Accountants - Oricon Enterprises limited,oricon ... Auto Services...INDEPENDENT AUDITOR'S...

BATLIBOI amp PUROHIT Chartered Accountants

INDEPENDENT AUDITORS REPORT To the Members of Shiurlli Auto Services Limited

Report on the Financial Statements

We have audited the accompanying financial statements of Shinrai Auto Services Limited (the Company) which comprise the Balance Sheet as at 31 sl March 2016 the Statement of Profit and Loss thc Cash Flow Statcmcnt for thc ycar thcn cndcd and a summary of thc significant accounting policies and other explanatory information

Managements Responsibility for the Financial Statem~nts

The Companys Board of Directors is responsible for the matters stated in Section 134(5) of the Companies Ad 2013 (the Act) with respect to the preparation of these financial Statements that give a true and fair view of the financial position financial performance and cashnows ofthe Company in accordance with the accounting principles generally accepted in India including the Accounting Standards specified uuderSection 133 of the Act read with Rule 7 of the Companies (Accounts) Rules 2014 This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and 101 preventing and detecting frauds and other irregularities selection and application of appropriate accounting policies making judgments and estimates that are reasonabJe and prudent and design implementation and maintenance of adequate intemal 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 fiee from material misstatement whether due to fraud 01 error

Auditors Responsibility

Our responsibility is to express an opinion on these finaneial statements based on our audit

We have taken into account the provisions of the Act the accounting and auditing standards and matters which are required to be included in the audit rep011 under the provisions of the Act and the Rules made there under We conducted our audit in accordance with the Standards on Auditing specified under Section 143(10) of the Act Those Standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are hee from material misstatement

An audit involves performing procedures to obtain audit evidence about the amounts and the disclosures in the financial statements The procedures selected depend on the auditors judgment including the assessment of the risks of material misstatement of the financial statemeqts whether due to fiaud Qr error In making those risk assessments the auditQr considers internal financial control relevant to the Companys preparation of the financial statements that give a true and fair view in order to design audit procedures that are

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1

2

Continuation SheetBATLIBOI amp PUROHIT Chartered Accountants

appropriate in the circumstances but not for t11e purposc of expressing an OplJ1lOl1 on whether the Company has in place an adequate internal financial ctrols system over financial reporting and the effectiveness of such controls An audit also includes evaluating

the appropriateness ofthe accounting policies used and thereasonab1eness of the accotll1ting estimates made by the Companys Directors as well as evaluating the overall presentation of the financial statement We beJieve that the audit evidence we have obtained is sufficient and appropriate t9 provide a basis for our audit opinion on the financial statements

Opinion

In OUI opinion and to the best of our information and according to the explanations given to us the aforesaid financial statements give the information required hy the ~ct in the mfmner so required and give a true and fair view in conformity with the accounting principles geilerally accepted in India of the state of affairs of the Company as at 31 st March 2016 and its loss and its cash flows for the year ended on that date

Report on Other Legal and Regulatory Rcquiremcnts

As required by Companies (Auditors Report) Order 2016 (the Order) issued by 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 paragraphs 3 and 4 of the order

As required bySection 143 (3) ofthe Act we report that

(a) We havesought 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 propel 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 arc in agreement with the hooks of Recount

(d) In our opinion the aforesaid financial statements comply with the Accounting Standards 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 31st March 2016 taken on record by the Board of Directors none of the directors is disqualified as 011 31st March 2016 from being appointed as a director in terms of Section 164 (2) of the Act

(D with respect to the adequacy of the internal financial controls over financialleporting

2

Continuation SheetBATLIBor amp PUROHIT Chartered Accountants

of the Company and the operating effectiveness of such controls refer to our separate report in Annexure B and

(h) With respect to the other matters to be included in the Auditors Report in accordance with Rule 11 of tile Companies (Audit and Auditors) Rules 2014 in our opinion and to the best ofour information and according to the explanations given to us

i The Company does not have any pending litigations which would impact its financial position

11 The Company did not have any long-term contracts including derivative contracts fur which there were any material foreseeable losses

iii There were 110 amounts which were requiicd to be transfened to the Investor Education and Protection Fund by the Company

For BATLIBOI amp PUROHIT Chartered Accountants leAl Firm Regn No1 01048W

p4 (dJ-~~

Kaushal Mehta Partner Membership No ] 11749

PJace Mumbai pate 16th May 2016

3


Annexure A to the Independent Auditors Report The Annexure referred to in Independent Auditors Report to the members of the Company on the financial statements for the year ended 31 March 20] 6 we report thatshy

(i) a The Company has updated records showing full particulars including quantitative details and situation of fixed assets

b Fixed assets have not been physically verified by the management during the year hence we are unable to comment on the discrepancies if any

c According to the information and explanations given to us and on the basis of our examination or the records of the Company the Company does not own any immovable property

(ii) The management has conduted physical verification of inventory at reasonable intervals during the year Discrepancies noted on physical verification of inventories were not material and have been properly dealt with in the books of account

(iii) The Company has not granted any loans secured or unsecured to Companies Firms Limited Liability Partnerships or other parties covered in the register maintained under section 189 of the Companies Act Accordingly paragraph 3 (iii) (a) (b) and (c) of the Order are not applicable to the Company

(iv) In our opinion and according to the information and explanations given to us the Company has complied with the provisions of section 185 and ] 86 of the Act with respect to the loans and investments made

(v) The Company has not accepted any deposits during the year within the meaning of the provisions of sections 73 to 76 or any other relevant provisions of the Companies Act and the rules framed there under

(vi) To the best of our knowledge and as explained the Central Government has not specified the maintenance of cost records under clause 148(1) of the Companies Act 20] 3 for the productsservices of the Company

(vii) a The Company is generally regular in depositing undisputed statutory dues including provident fund employees state insurance income4ax sales-tax wealth tax service tax duty of customs duty of excise value added tax cess and any other material statutory dues with the appropriate authorities though there are slight delays

According to the information and explanations given to us no undisputed amounts payable in respect of provident fund employees state insurance itmol11(HaX wealtlHax sClvicetax sales-tax customs duty excise duty vallie added tax cess and other material statutory dues were outstanding at the year end for a period of 1110re than six months from the date they became payable

4

Continuation )heetBATLIBOI amp PUROHIT Chartered Accountants

b According to the information and explanations given to liS the dues outstanding of income tnx or sales tllX or wealth tax or service tax or duly of tUSlOliIS or duty of excise or value added tax or cess that have not been deposited on account of any dispute are as follows

Name of Nature Forum where it isAmount I Period to statute of dues pending

relates Maharashtra

(ill lakhs) which it

VAT Joint Commissioner5397 AY 2004-05 Value Added AY 2005-06 of Sales tax (Appeal) Tax Act2002 AY 2006-07

AY 2008-09 i

AY 2009-10 shy

AY 2007~O8Maharashtl~a VAT ]669 Deputy Value Added AY 20]0-11 Commissioner of Tax Aot2002 Sales Tax (Appeal)

Dep~uty~~~~~middotVA1Maharashtra 288 AY2011-J2 Value Added Comll1 issioner of Tax Act2002 Sales Tax (Appeal)

(viii) Based on our audit procedllres and as pel the infonnatiOil and explanations given by the management we are of the opinion that the Company has not defaulted in repayment of loans to banks There were no outstanding dues to any financial institution or debenture holders anytime during the year

(ix) The Company did not raise any money byway of initial public offer or further public offer (including debt instruments) and term loans during the year Accordingly paragraph 3 (ix) ofthe Order is not applicable

(x) According to the information and explanations given to us no fiaud by the Company or on the Company by its officers or employees has been noticed or lepol1ed during the course of our audit

(xi) According to the information and explanations give to us and based on our examination of the records of the Company the Company has paidprovided for

managerial remuneration in accordance with the requisite approvals mandated by the provisions of section 197 read with Schedule V to the Act

(xii) 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

(xiii) According to the information and explanations given to us and based on our examination of the records of the Company transactions withthe relnted partics are in compliance with sections 177 and 188 of the Act where applicable and details of such transactions have been disclosed in the fllml1cial statements as required by the applicable accounting standards


(xiv) According to the information and explanations give to us and based on our examination of the records of the Company the Company hasmiddot not made any preferential allotment or private placement of shares or fully or partly ~onvertible debentures during the year

(xv) According to the information and explanations given to liS 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

(xvi) The Company is not rcquired tobe registered undersection 45~fA ofthe Reserve Bank oflndia Act 1934

For DATLIBOI amp PUl~OIIIT Chartered Accountants lCAI Firm Regn No101048W

Kaushal Mehta PatineI Membership No 111749 Place MUl11bai Date 16th May 2016

6

Continuation SheelBATlUBOi amp PUROHIT

Chartered Accountants

AUllexure B to the Independent Auditors Report

Report on the Internal Financial Controls under ChHlse (i) ofSub-sectiolJ 3 of Section 143 of the Companies Act 2013 ((he Act)

Wr have audited the internal flnlI1~i(l1 controls over nnanci1 Jepurling of Shinnll Autu Services Limited (f1Ie Company) as of 31 March 2016 in conjunction with our audit of the financial statements of the Coillpany for the year ended on that date

MHllagelllcnCs ResponsihilH) fo Jlltcrnal FilHUlcial COlltrols

The Companys manFl8fI)l(nt is responsible for establishing alltl maintaining internal financial controls based on the internal control over financial reporting criteria established by the Company considering the essenliFlI components of internal control stated ill he Guidance Note on Audit of Internal Financial Controls over Financial Repoltingissued by the Institute of Chartered Accollntants oflndia ( ICAI) These responsibilities include the design implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the orderly and efficient conduct of its business including adherence to companys policies the safeguarding of its assets the prevention and detection of frauds and errors the accuracy and completeness of the accounting records and the timel pnp~rnlinn nf Id i1-Ji-d

lt hyuirli under we Act

Auditols Responsibility

Our responsibility is to express an 011111011 on 1he Companys 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 bylCAI and deemedto be rirescribed under section 143(10) of the Act to the extent applicable to an

atldit 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 fimmcial controls over financial reporting was established and tllaintained and if sllch contmls operated effectively in all material respects

Our audit involves performing piocedures to obtain audit evidence about the adequacy of the internal financial controls system over financial reporting and their operating effectiveness Our audit of internal iinanciul controls over financial reporting included obtaining an understanding of internal financial controls over financial reporting assessing the risk that a material wenkness exists and testing and evaluating the design and operating effectiveness of internal control based on the assessed risk The proceduies selected depend on the audihWs 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 ouimiddot audit opinion on the Companys internal financial cOi1trols system over financial repOlting

Meaning of Internal Financial ControJs over Financilll Reporting

A companys internal financial control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial repOlting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles A companys intell1al financial control over financial reporting inoludcs those policies and procedures that (I) pertain tn the maintenance of records that in reasonable detail accurately and fairly rellect the transactions and dispositions of the assets of the company (2) provide reasonable assurance that transactions are recorded as necessary to

1

Continuation Stleet 8A11J801 amp PUROHIT


permit preparation of financial statements in accordance with generally accepted accounting principles and Ihal receipts and expenditures of the company are being made only in accordance with authorisations of management md directors of the compallY and (3) provide reasonable assurance regarding prevention or timely detection of unauthorised acquisition use or disposition of the companys assets that could have a material effect 011 the financial statements

Inherent Limitations uf Internal Financial Controls Over Financial Reporting

Becallse of the inherent limitatiulls of Illternal hnanciai 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 inflrlequate because of changls in conditions or that the degree of compliance with the policies or procedures may deteriorate

Opinion

In Ollr opinion the Company has in all material respects anmiddotadequate internal financial corltrols system over financial reporting and such internal ilnancial controls over financial reporting were operating effectively as at 31 st March 2016 6ased 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 OveiFinancial Reporting issued by the Institute of (lwlfer(rl 11(ln11I nflldi

1ltor BATLIBOI amp I)UROHlT Chruiered Accountants ICAI Firm Regn No10I048W

fi-~ Iltaushal Mehta Pariner Membership No J I J749

Place Mumbai Date 16 May 2016

2

SHINRAI AUTO SERVICES LTD

Notes to financial Statements for the year Ended 31st March 2016

Secured Loan Kolak Mahindra Prime ltd Less Current Matured

toyota financial services Less Current Matured

Long Term Loan Dricon Enterprises Less Current Maturity

Future Capital Holding ltd Less current Maturity

Kotak Mahindra Prime Ltd (Term Loan) Less current Maturity

Provision Gratuity Leave Encashment leave Encashment Short Term Greatuily Short Term

Trade payable Expenses Fixed Assets Less Interest Kolak Less Interest DCL

sundry cr cars sundry cr labour sundry cr spaces

Note No 31st March2016

3 6912101 2414928 4497173

10169284 6636732 3532552

43650000

43650000

182459040 6759192

175699848

78279098 7569552

70709516

4898096 2543261

307004 564902

8313263

23365916 218353

2315702 11158816 10109751

516866 2019042

27984803 30520711 40630462

Other currentliabilily interest accured but not paid Future Capital holding co lid Kmpl Oriental Containgt ltd oricon enterprises ltd

1976587 2315702 1460655 9698161

15451105

Other Liabilities BSS Buildcon PvtLtd CKA Buildcon Pvt Ltd

477384 477384 954768

Other current Assets Future capital Holding ltd TDS Kotak Mahindra Prime ltd TDS Kotak Mahindra Prime lid Term Loan TDS Toyota Finance Services Pv1 Ltd TDS Debit 8alElnce in sundry creditors

13 1396200

103971 251903 131365

1609424 3492863

octroi refund 711463 4204326

Other assets 9

Clear Trade India Pvt lid New Space Corporation Ltd S V Trading ampAgencies Ltd

5400000 5000000

250000 10650000

Advance to Ralated Party Reayroad I ron amp Steel 199098532

199096532

Deposits

various Navbharat Potteries pvt lid Rashmi Narandas Bhatia Viren narandas bhatia

3451113 748798

4650000 4650000

13499911

Bank Balance 16

Canere Bank Hdfe Bank Ale 50200009256429 IGIGI Bank (000405010254) IDBI Bank (026102000001205) IDBI Bank (026102000003636) Indusind Bank shy 0005-553130-050 Punjab National Bank- 185729 State Bank of Indore-53050700850 Kotak Mahindra Bank (06512000015691)

10000 1571585 1849759

987744 725855

45803 5131

13649 2055358 7264886

SHINRAI AUTO SERVICES LTD SUB NOTE TO PROFIT amp LOSS ACCOUNT FOR THE YEAR ENDED AS ON 31ST

MARCH 2016

REVENUE FROM OPERATION NOTES

SALE PRODUCT

CAR TRADE PRODUCTS 17 BASIC RTO DEPO

Total

2469919308 302173572

11791001 TOTAL 2783883881 LESS - DISCOUNT 114939792 LESS - SUBVENTION Add-CCF 15286054

TOTAL 2684230143

SALES OF SERVICE

3M SALES GENERAL SERVICE BODY amp PAINTS WARRANTY

6215925 91039451 15631808

1079141 Total 113966324 LESS - DISCOUNT 337789

TOTAL 113628535

SALES OF PARTS

ACCESSORIES BODY ampPAINTS LUBRICANT PARTS OTHERS PARTS TOYOTA WARRANTY PARTS Total

53375660 7169671

24317753 6242890

181651711 1

LESS - DISCOUNT TOTAL

OTHER OPERATING REVENUE SCRAP SALES 124829

TOTAL 3082754263

I

OTHER EXPENSES

RENTOTI-IERS RENT COTTON GREEN RENT NARIMAN POINT RENT STOCKYARD RENT REAY ROAD CAR PARKING

TOTAL

OFFICE MAINTAINCE

GOVT EXP RATE amp TAXES SALES TAX PAID TO GOVT SERVICE TAX PAID TO GOVT

TOTAL

REPAIRS TO OTHERS

REPAIRS TO OTHERS TEST DRIVE VEHICLES REPAIRS AMC

TOTAL

TRAVELLING EXP

CONYANCE TRAVELLING BOARDING amp LOADGING

TOTAL

WORKSHOP EXPENSES

NUMBER PLATE CHARGES LABOUR CHARGES FMSC LABOUR CHARGES

TOTAL

23

177718 20270740

7506000 2920680 2800000

33675138

7506000

347116 1005150

35956 1316310

1109223 2968978

784087 4862288

835660 1318790

312673 2467123

1389148 454827

33088884 34932859

~I

OTHER INCOME 18

INSURANCE COMMISSION 32537085 FINANCE INCENTIVE 5355084 PRIOR PERIOD INCOME (Balance written-back) 12967341 INTEREST RECEIVED 24647418

OTHER INCOME EXCISE 75405 OTHER 3205 DISCOUNT RECEIVED 783166 INCENTIVE ON PURCHASES 4830000

TOTAL OTHER 5691776

TOTAL 81198104

PURCHASES OF TRADE GOODS 19 CAR 2221192138 SPAREPARTSampOTHERS ACCESSORIES 22418636 LUBRICANT 19208409 PAINTING 20344065 PARTS OTHERS 2614243 PARTS TOYOTA 162321458 CONSUMABLE 7187424 TOTAL SPARE PARTS 234094235

TOTAL 2455886313

EMPLOYEES BENEFITS EXPENSES 22

SALARY amp WAGES 64394220 BONUS 2588741 INCENTIVE FOR STAFF 4955321 OTHER ALLOWANCE 1456859 LTA 85850 MEDICAL ALLOWANCE 99452

TOTAL 13580443

DIRECTOR REMUNERATION 2101440 GRATUITY 800865 LEAVE ENCASHMENT 818464 STAFF WELFARE 1212095

CONTRIBUTION TO PF ampESI ampOTHERS LABOUR WELFARE 15159 ESIC 591590 PF DLI 111425 PF 3183087 PF EXPENSES 227525

TOTAL 4128786

--- -- -~-- -------~------~ --shy

t

MISCELLANEOUS EXPENSES

BANK CHARGES BOOKS amp PERIODICALS COMPUTER EXP LOSS ON SALE OF VEHICLE DONATION HOUSEKEEPING CHG LEGAL EXP OCTROI amp COURIER CHG SECURITY CHARGES TEA amp COFFEE EXPENSES WATER CHARGES XEROX CHARGES DIRECTOR EXPENSES MEMBERSHIP amp SUBSCRIPTION DIWALI GIFT HI RE CHARGES EMPLOYERS PROFESSIONAL TAX UNIFORM WASHING CHARGES SALVAGE (INSURANCE CLAIM) ROUNDOFF

TOTAL

INTEREST DElAILS FENKLING amp DOCUMENT OF LOAN

INTEREST FUTURE CAPITAL HOLDING LTD INTEREST - KOTAK (TERM lOAN) INTEREST - KMPl (FLOOR FUND) INTEREST KOTAK CC ACCOUNT INTEREST - OCl INTEREST - OTHER INTEREST - TEST DRIVE VEHICLE

TOTAL

INVENTORY

CAR SPARE PARTS

TOTAL

1132922 13593

720298 1107344

42110 5180032

20000 173412

8978953 1120492 1506951

242228 504974 63680

317000 8528 2500

92724 77652

9251 21296142

1699285

24107737 2519028

35527847 5772404 5368490 4278891 2418345

79992742

120446814 26184928

146631742

-_T- A

SHINRAI AUTO SERVICES Lm

CLOSING STOCK OF CAR AS ON 31ST MARCH 2l16

WORLI NARIMAN POrnT TOTAL TOTAL

QTY MTE AMOUNT QTY jRTE jAMOliNT QTY lt~OUN7 ASON 3L032015

ALTIS 10 1350062 13500621 2 1$4952 2459904 12 15970525 38677327

Carnrv bull 1970169 5910506shy - 3 SgJ0506 21275597

CorrolaOld 906746 2720238 - 3 2720238 2720238

Etios 16 73504 11772065 9 618033 5554301 25 17334366 19580922

Etios Cross 8 630267 5042138 - 8 5C42138 4781224

EtiosLiva 2 520263 6243155 8 513390 4117118 2D 10350273 18502936

Fortuner 11 2041873 22460608 2 1906m 3813942 26274550 23758948

Innova 2 1116518shy 26796424 5 1019-614 5098071 29 31894495 52713524

Land Crusier 1 3866497 3866497 - 1 3866497 3866497

Quiligt 2 541613 1083226 2 U83226 1083226

Prious - - - - - -TOTAL 90 13679762 99395478 26 5292960 21051336 116 120446814 186960138

Closing Stock ofSpare amp Pans as on 31st Marcil 2016

Max-16 -shy~~- Mar-15~

AMOUNT AMOUNT

Toyota parts 17879646 21175C69

Goods In Transit - 1086749

Tovota Accessories 4677649

Lubricants 69069B 1622165

Loadp_ - 2115446

Local Accessories 2803843

TOTAL 26l51B36 25999419

Painting Material 133092 577393

TOTAL 26184928 26576812

work in progress stock - 991910

TOTAL 26184928 Z7568712

SI-I1NRAI AUTO SERVICES LTD

BALANCE SHEET AS AT 31ST MARCH 2016

Note No 31st March2016 31s1 March2015

EQUITY amp LIADIUTIES 1 Shareholders Fundc

(a) Share Capital 2 70000000 70000000

(b) Hpserve ampSmpilis 3 (136365363) (51805228)

Total (66365363) 18194772

2 Non Current Liabilities

(a) Long term Borrowings 4 296069089 196707068

(b) Long term Provision 5 7441357 6908232

Total 305530446 203615300

3 CLUTent Liabilities

(a) Short Term Borrowings 6 364532197 368569847

(b) Trade Payable 7 40630462 42385877

(c) Other Current Liabilities 8 145621725 158470577

(d) Short Term Provisions 9 871906 2409971

Total 551656290 571836272

TOTAL 790821373 793646344

II Asset

1 Non Current Assets

(a) Fixed Assets (Net Block)

(i) Til1lgible Assets

(ii) InTangible Assets

(b) Non Current Investment

(c) Deferred Tax Assets (net)

(d) Long Term Loans amp Advances

(e) Other Non Current Assets

10

10

11

12

13

14

107227606

701525

10000000

253909090

18105

122594942

812324

10000000

187781072

14094

Total 371856326 321~202432

2 Current A5set5

(a) Inventories

(b) Trade Receivables

(c) Cash amp Cash EqUivalents

(d) Short Term Loans amp Advances

(e) Other Current Assets

15

16

17

18

19

146631742

257727292

8071279

2330409

4204326

214529160

211615543

38716068

2685032

4898109

Total 418965047 47443912

TOTAl 790821373 793646344

Summary of Significant accounting policies 1

The accompanying notls are an intlgral part of the financial statement

As per Ollr report of even date aUached

For and on beholf of lior Ilnd 011 behalf of the 110rud

Batlibui amp Puruhit

Chartered Accountants Firm Registration No- lOl048W

~-~ -=- Rajendra Somani Vaeun SomaniKaushal A Meha tff ( 8 fiiJ~f~gt -- f~Partner Diredor Managing Director

( Membership No 111749 01 DIN 00332465 DIN 00015384

[-)~PlaceMtunbai ( gt ]l)oJlt )

Date 16052016 lt- ) P _ - I ~ t~igt--~-- ~gtJ

ltydh~~ ~lt~~

SHINRAI AUTO SERVICES LTD ~~

Statement of Profit amp Loss for the year ended 31st March 2016

Note No 31st March2016 31st March2015

20Revenue From Operations 3082754263 3323608529

][ Other Income 21 81198704 68298245

III Total Revenue 3163952967 3391906774

IV Expenses

Purchase of Traded Goods

Changes In inventories

Finance Costs

Employee Benefits Expenses

Other Expenses

_pepreciation amp Amortization Exp

IV Total Expenses

22 2455886373

23 67897418

24 81692027

25 83242093

26 540714511

27 19080679

3248513101

2785797322

(83469935)

68704837

79990196

551015676

17627479

Profit (Loss) Defore Exceptional Item and tax (84560135) (27758801)

Exceptional Item 29478427

IX Profit (Loss) Before Tax (84560135) 1719626

X Tax Expense

a) Tax For Earlier Year 206360

b) Current Tax o

) Daffemd Tax 4004RIO

XI Profit (Loss) for the Year (84560135) (2491544) XU

XIII Balance Carried Fonvards to Balance sheet (84560135) (2491544)

XII Basic Earning Per Equity Share (1208) (050)


The accompanying notes are an integral part of the financial statement

As per our report of even date attached

For and on behalf of

Batliboi amp lurohit


Firm Registration No -lOl048W

Director

DIN 00332465

Managing Director

DIN 00015384

Lt~ Partner

Membership No 111749

Place Mumbai

Date 16052016

Shlnrai Auto Services Ltd

Cash Flow statement for the year ended 31st March 2016

A CASH FLOW flWM OPERATING ACTIVITIES Net Profit I (Loss) before taxes

For the year ended 31st March

2016 Rupees (84560135)

For the year ended 31st March 2015

Rup~s

(27758801)

Adjustment For (Profit) Loss on sales of Fixed assets Depreciation Interest Income Finance Cost Operating Profit before Working capital changes

1107344 19080679

(24847418) 81692027 (7327503)

477816 17627479

(19019677) 68704837 40031654

(Increase) Decrease in Trade receivables (Increase) Decrease in Inventories Increase (Decrease) in Trade payable Increase (Decrease) in liabilities and provisions (Increase) Decrease in Loans ampAdvances and other current assets

(46111749) 67897418 (1755415) (9482716)

(65083623)

(37278320) (83469935)

2634180 29971926

(35188175)

Cash llenorated from operations Taxes Paid) Refunds (netl

Net Cash from operating activities (A)

(54536085)

(6186358S)

1123330324)

(83298670)

B CASH FLOW FROM INVESTING ACTIVITIES Purchase of fixed assets Fixed asset Sales Interesl received

(10194886) 5485000

24647418

(58471698) 840000

19019677

Net cash from investing activities (5) 19937532 (38812021)

C CASH FLOW FROM FINANCING ACTIVITIES Increase in Share Capital Proceeds from borrowing Repayrrent of borrowing Finance Cost paid

2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)

Net Cash from financing activities ( C) 11281267 1204672~88

Net Changes In cash amp cash equivalent (A+S+C) ~~~

(30644789) (1643403)

Net Increase I (Decrease) In cash amp cash Equivalent Cash ampcash equivalent at beginning of period Cash ampcash equivalent as at31st March2016

38716088 8071279

40373565 38730162

(30644789) (1643403)


For and 011 behalf of For and Oll behalf of the Board

Batliboi amp Purohit


Firm ikgisttalof No- 101048W

J flmiddot ~J1-- ~~ -~AOJAlu~ Kaushal A Mehta lt lt0 h~ h~ ~ Director Managing Director Membership No 111749 I ( MLdBA~I DIN 00332465 DIN 00015384)-1 ) Place Mumbai ~-f h

Varun Somani

~Q ---~ 7S~ Date 16052G16 ie~IAoogt

~


NOTE-l TO FINANCIAL STATEMENTS FOR THE YEAR ENDED 31T MARCH 2016

NOTES ON ACCOUNTS

I) Accounting Policies

a) Basis for Accounting

These financial statements have been prepared to comply in all material aspects with applicable accounting principles in India the applicable Accounting Standards prescribed under Section 133 of the Companies Act 2013 (Act) read with Rule 7 of the Companies (Accounts) Rules 2014 the provisions of the Act (to the extent notified) and other accounting principles generally accepted in India to the extent applicable

All assets and liabilities have been classified as current or nOIl-currellt as per the Companys normal operating cycle and other criteria set out in the Schedule III to the Companies Act 2013 Based on the nature of products and the time between acquisition of assets for processing and their reaIisationin cash and cash equivalents the Company has ascertained its operating cycleas 12 months for the purpose of currentnon-current classification of assets and Jiabllities

b) Use of Estima tcs The presentation of Financial Statements in conformity with generally accepted accounting principles requires the management to make estimates and assumptions that affect the reported amount of assets and liabilities revenues and expenses and disclosure of contingent liability Such estimates and assumptions are based on managements evaluation of relevant facts and circumstances as on the date offinancial statements The actual outcome may diverge from these estimates

c) Revenue Recognition

Revenue from sale of goods is recognized when all the significant risks and rewards of ownership in the goods are transferred to the buyer as per the terms of the contract the Company rctsins no effective control of the goods transferred to a degree usually associated with ownership and no significant uncertainty exists regarding the amount of the consideration that will be derived from the sale of goods Sales are recognised net of trade discounts rehates sales tsxes and insurance charges

Income from services rendered is recognized as and when the service is performed and when no significant uncertainty exists regarding the amount of the consideration that wi II be derived from rendering the service and is recognised net of service tax as applicable

f

d) Depreciation

Depreciation on tangible fixed assets has been provided on straight line method as pCI the useful life prescribed in schedule II to the Companies Act 2013 Intangible are amortized over the period of 5 years

e) Fixed Assets Fixed Assets arc stated ot cost of acquisition or construction less depreciationamortization Cost ~omprises of pur~hase prict amI any attributable cost of bringing the assets to its working condition for its intended use

1) Inventories Inventories arc valued at cost or net realisable value whichever is lower by using Weighted Average method of valuation Cost is computed on a weighted average basis The net realisable value is the estimated selling price in the ordinary course of business less the estimated costs of completion and estimated costB necessary to make the sale Finished goods include all costs ofpurchases conversion costs and other costs incurred in bringing the inventories to their present location and condition

g) Cash and Cash Equivalents In the cash flow statement cash and cash equivalents include cash in hand term deposits with banks and other short-term highly liquid investments with original maturities of three months or less

h) Retirement Benefits i) Contributions to defined contribution schemes such as employees state insurance

employee pension scheme etc are charged as an expense based on the amount of contribution required to be made as and when services are rendered by the employees Companys provident fund contribution in respect of certain employees is made to a government administered fund and charged as an expense to the StateuHllll of Profit and Loss The above benetita are classified as Defined Contribution Schemes as the Company has no further defined obligations beyond the monthly contributions

ii) Provision for Gratuity is accounted based on the actuarial valuation and charged to Profit amp Loss Account

iii) The Company provides for the encashment of leave with pay subject to certain rules The employees are entitled to accumulate leave subject to certain limits for future encashment I availment Provision for Leave Encashment is made on the basis of leave outstanding at the year ended Provision for Leave encashment is accounted based on the actuarial val uation and charged to Profit amp Loss Account

i) Operating Leases

Leases in which a significant portion of the risks and rewards of ownership are retained by the (essor are classified as operating leases Payments under such (eases are charged to the Statement of Profit and Loss on a straight line basis over the primary period of the lease

j) Impairment

Assessment for impairment is done at each Balance Sheet date as to whether there is any indication that an asset (tangible and intangible) may be impaired For the purpose of assessing impairment the smallest identifiable group of assets that generates cash inflows from continuing use that are largely independent of the cash inflows from other assets or groups of assets is considered as a cash generating unit If any such indication exists an estimate of the recoverable amount of the individual assetcash generating unit is made

Assets whose carrying value exceeds their recoverable amount are written down to the recoverable amount by recognising the impairment loss as an expense in the Statement of Profit and Loss Recoverable amount is higher of an assets or cash generating units net selling price and its value in use Value in use is the presen~ value of estimated future cash flows expeeted to arise from the continuing use of an asset and from its disposal at the end of its useful life Assessment is also done at each Balance Sheet date as to whether there is allY indication that an impairment loss recognised for an asset in prior accounting pe)iods may no longer exist or may have decreased

k) Earnings pel share

Basic earnings per share is calculated by dividing the net profit for the period attributable to equity shareholders by the weighted average number of equity shares outstanding during the period The weighted average number of equity shares outstanding during llm ptlriou lUlU for all ptlriods presented is adjusted for llVtlUtH such as bonus shares other than the cOllversion of potential equity shares that have changed the number of equity shares outstanding without a corresponding change in resources

I) Policy for Taxes on Income Deferred tax is recognised for all the timing differences subject to the consideration of prudence in respect of deferred tnx assets Deferred tux assets and liabilities are measured using the tax rates and tax Jaws that have been enacted or substantively enacted by the Balance Sheet date Deferred tax assets are recognised and carried forward only to the extent that there is a reasonable certainty that sufficient future taxable income will be available against which such deferTed tax assets can be realized Current tax is determined as the amount of tax payable in respect of taxable for the year

G


Notes to financial Statements for the year Ended 31stMarch 2016

Note 31st March2016 31st March2015

No

Share Capital 2

AuthorlsLtl Share Capital

7000000 equity shares (py 7000000 shares) of Rs 10 each 70000000 70000000

No of Issued Subscdbed amp Fully Paid up Capital

7000000 equity shares (py 5000000 sbares) of Rs 10 each 70000000 50000000

rssued Shares during the year

cy NH (py2oo0oo0 shares) 01 Rs 10 each 20000000

Total 70000000 70000000

Reconciliation of the shares outstanding at the beginning and at the end of the Y cat

At the lleginniug of the year 7000000 5000000

Issued During The year 2000000

As at ondef Ule year 7000000 7000000

TCmls Rights attached to eqllity Shares

The Company has only one class of equity shares having at par value of 10- per share Each holder of equity shares is entitled to OM vote per share The Company declares and pays dividends in indian rupees

In the event 0 liquidation of the Company I the holders of equity shares will be entitled to receive remaining assets of the Company after distribution of all preferential amounts The distribution will be in the proportion to the number of equity shalcs held by the shareholders

Shares held by holdingultimate holding company and or their subSidiaries associates

None of th~ shtts uf Uleuro company 3le held by the Subilliaries m AssociateB of the Company

Shares held by the Holding Company

OricQn Enterprises Ltd (holding co) 69999300 9999 69999300 9999

(No 01 Share hOlding 6999930 share (Y 6999930 Shareraquo)

(theRateoflts 10- per share Fully paid up) --~--------------------------------------

TOTAL 2 70000000

Reserve amp Surplus 3

Balance Statement of Profit amp Loss at the begnitig of the year (51805228) (44106205)

Add Transit efi((t to schedule II of Companies act 2013 on tangible fixltti assets with uil remaining life (Ref note no 12) (5207479)

toss for tile year (84560135) (2491544)

Closing Balance 3 (136365363) (51805228)

1

Long Telm Borrowing

Secured Loan

4

Kotak Mahjndra Prime Ltd

(secured Againsf Hypothecation of Vehicles

4497173 7610693

Interest 10251 repayabie in 36 monthly installments

Toyota Fimmdal Services Ltd

(se(ured Against Hypothecation of Vehicles)

3532552 62712

Interest1025repayable iu 36lnonfhJy installments

Unsecured Loans

Kotak Mahindra Prime Ltd (Term Lmm) 70709516

OIkon Enterprjsts Ltd (Rtllalcd Parties)

Future Capital Holding Company Ltd

Interest13repayableinl80Installmentsover15Years

43650000

175699848 182825139

TOTAL 4 298089089 196707068

Long hmn PJovision 5

(a) Provision for Employee Benefits

1) Leave Encashmeut

2) Gratuity

2543261

48980

2271158

4637074

TOTAL 5 7441357 690823~

Short TCrln Borrowing 6

(i) Kotak Mahindla Prime ltd ~227S379 323125589

Nature OfLoan- Working Capital

(seltured Against Hypodtccaful 01 v~hice1s

Allvmnt rcceivllblcBockdebts Currunt Assets

(il) Kotak Mahlndra Bank Ltd (0 Account) 46468833 45444258

(hypcdtccalion against spare parts book dabts)

(iii) Kotak Mahlndra Bal1k Ltd 10784985

(Iv) Oriental Cont-diners Ltd 20000000

(v) SarvamangaI Mercantile Co 5000000

TOTAL 6 364532197 368569847

Trade Payable 7 40630462 42385877

TOTAL 7 4O63046~ 42385877

Other Curreut liability 8

(a) Interest Accured on Borrowing 15451105 8372821

(b) OIhCl Liabilities 9SV68 954768

(C) Other Paybles

Advances From Customer 621)534 14877835

Cntht balance in trade receivable 368651 220 37()30438

Statutory Liability 43820342 44065800

Unpaid Salary amp wages 6A1217~3 6442174

Provision for EXpe16es nS06599 n896977

Current Maturities of Long Term Borrowings

Ralated Parties 20650000

Others 23380404 14179764

TOTAL 8 145621725 15s470577

Short Term Provision


Gratuity 564902 6435

Leave Encasbmnt 307004 283227

(0) Others

(i) Provision for Income Tax (Net) 1130309

(li) Provision for Current Year Tax

TOTAL 871906 2409971

Asscts

Non Current InVCShnent 11

Inveslment in SubSidiary Trade

Reay Rond Iron amp Metal Warehouing Pvt Ltd

10000 Equity Shares of Rs 10 each (Face value) [previous year 10(000 Thlutty Share of Rs 10 each (Pace villue) 1000UUUO 10000000

TOTAL 11 10000000 10000000

9

Shinrai Auto Services Ltd

Notes No 10 Financial Starementfor year ended 31st March 2016 FIXED ASSETS (Tangible)

TANGIBLE ASSETS (Own assets unless otherwise stated)

Air Electrical Furniture amp Office Plant amp Workshop Lease hold Building Vehicle Computer Total

Conditioner Installation Fixtures Equipments Machinery Tools Improvents

Gross Block Balance as at April 01 2014 3696477 34236674 6154642 11915144 3471065 18808777 7182142 39602902 12432168 137499991 Additions 188500 3314806 1021527 2317621 1296941 7694082 3602508 39035713 58471698 Deletions 4305600 4305600 Effect of GR 1652875 3109923 5756563 1730986 4962993 17213340 Balance as at March 31 2015 2232102 34236674 3044719 9473387 2761606 21126398 8479083 42991384 11071683 39035713 174452749 Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886 Delelions 10572158 10572158 Baance as al March 31 2016 2232102 36576525 3044719 9505887 2806774 21988398 10133389 37351287 11400683 39035713 174075477

Accumulated Depreciation Balance as al April 01 2014 1763271 22867378 3907017 8793012 1860289 7099464 3841734 19221368 9738182 79091715 Additions 258637 1140153 576859 1084490 927718 2368723 852100 6218i62 1926531 2162709 17516682 Deletions 3258895 3258895 Effect of change in Melhod of Dep 529669 9737385 1247366 2258030 770977 2750837 1754531 8943288 1493751 29485834 Adjusted with General Reserve 538850 1019673 977852 859597 1811507 5207479 Effect of GR 1652875 3109923 5756563 1730986 4962993 17213340 Balance as al March 31 2015 378214 14270146 1146260 2840761 1145641 6717350 2939303 13237947 7019476 2162709 51857807 Additions 264006 1174239 349204 1151762 646011 1408161 708006 6403d55 2515253 4349184 18969880 Deletions 3979818 3979818 Balance as at March 31 2016 642220 154443B5 1496064 3992523 1791652 8125511 3647309 15661584 9534729 6511893 66847870

Nel Block Balance as at March 31 2015 1853888 19966528 1898459 6632626 1615965 14409048 5539780 29753437 4052207 36873004 122594942 Balance as at March 31 2016 1589882 21132140 1548655 5513164 1015122 13862887 6486080 21689703 1865964 32523820 107227607

-

11gt

I

J


Notes No 10 Financial Statement for year ended 31st March 2016 FIXED ASSETS (In Tangible)

IN TANGIBLE ASSETS

(Acquired unless otherwise stated)

ComputerParticulars

Software

Gross Block Balance as at April 01 2014 1107990

Additions

Deletions

Adjusted with General Reserve

Balance as at March 31 2015 1107990 Additions

Deletions Balance as at March 31 2016 1107990

Accumulated Depreciation Balance as at April 012014

Additions

Deletions

Effect Of change in Method of Dep


Balance as at March 31 2015

Additions

Deletions Balance as at March 31 2016

177460

110799

7407

295666 110799

406465

Net Block Balance as at March 31 2015 812324 Balance as at March 312016 701525

Deffered Tax Assets 12

Fixed Asset lmpact of Difference Between tax Depreciation amp Depredation Amortization charges for the final1cial reporting

Gratuity

Leav Encashment

TOTAL 12

Long Term Loan amp Advances

Unsecured Considered Good

Advance to RaJated Party

Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits


1) with Relakll ParLies

2) Other

Other Loan amp advances

13499911 12425497

1) Prepaid Expenses 2153971 2299045

2) Service Tax on Input Meteriais 1347592 269762

3 Value Added Tax on Input Matc1ials 3426307 33g192~

4) Tax Deductiltut at Source 73732776 18327599

TOTAL 13 253909090 187781072

Other Non Current Assets 14

Margin Money in Imluswl Dank 18105 14094

TOTAL 14 18105 14094

Inventories -Traded 15

MotorVchides 120446814 1fi6 9(O4~6

Spares Parts amp Tools 26164926 27568722

TOTAL 15 146631742 214529160

Trade Receivable 16


(a) Outstanding for a period exceeding six months 96233679 8661l2lJ6

(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I

Cash amp Cash Equivalents 17

(a) Balances wilh Sc-hedulld Banks 726lt1886 37265007

CashOn Hand 806393 1451~O61

TOTAL 17 8011219 38716068

Snort T cnll Loan amp Advances 18

Adv allce to employees 2330109 2685032

TOTAL 16 2330409 269i032

Other current Assets 19

Advance Recoverable in cash amp kinds

Cousidered Good 349281

Octroi Refund Excess Payment Claimed from MCGM 711163 71141

JOJAL 19




Chnrtercd Accountants Finn Registration No -101048W

Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

For and 011 behalf of the Board

Rajendra Somani arun Somani

Director Managing Director

DIN 00332465 DIN 00015384

I


Notes to financial statements for the year ended 31st March 2016

NOTE 31st March2016 31st March2015

REVENUE FROM OPERATIONS

gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service

(C) Sale of Spare Parts

Other Operating Revenue

Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21

(1) Insurance commission amp Finance Incentive 37892169 37993345

(2) Credit Balance Written Back 12967341 5683742

(3) Commission on Cal Sale 4093985

(4) Interest Received 24647418 19019677

(5) Others 5691776 1507496

TOTAL 21 81198704 68298245

Purchases of Traded goods 22

Cars 2221792138 2556706978

Spares Parts amp Others 234094235 229090344

TOTAL 22 2455886373 2785797322

Changes In inventories 23

Inventory at the beginning of the year

Traded Goods 214529160 131059225

Inventory at the end of the year

Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24

Docmncntry Charges on borrowing loans 1699285 226384

Interest on Borrowing 79992742 68478453

24 81692027 68704837

Enlployees Benefit Expenses 25

Salary Wages amp Bonus 73580443 70219631

Director Remunaration 2701440 2701440

Contribution to Provident amp Other Funds 4128786 3969390

Gratuity 800865 193606

Leave Encashment 818464 84536

Staff Welfare Expenses 1212095 1247965

TOTAL 25 83242093 79990196

Other Expenses 26

Electricity Charges 15208816 11818106

Freight amp Forwarding Charges 3108296 3440492

Rent 33675138 22350685

Office Maintainance Exps 7506000 7506000

Rates amp Taxes 1316310 8717383

Registration Charges 294487441 313544949

Insurance Charges 1521322 650094

Insurance Expenses 2983670 2894034

Repairs amp Maintainance

I) Plant amp Machinery 1909308 2018506

II) Repairs to Buildings 794378 1843825

Ill) Repairs to Others lt1862288 3296126

Advertising amp Sales Promotion Expenses 7192409 10096731

Office Expenses 23236479 21657416

Travelling amp Conveyance 2467123 1656131

Communication Expenses 2500467 1923627

Printing amp Stationary 2058460 1951746

Legal amp Professional Fees 2399901 1735670

5

Kaushal A Mehta

TOTAL 26 540714511 551015676

Depreciation Iilt Amortization Exp 27

Depreciation on Tangible Assets 18969880 17516680

Amortisation on Intangible Assets 110799 110799

TOTAL 27 19080679 17627479

As per our repod of even date attached

for and on behalf of FaT and on behalf of the Board

Batliboi Iilt Purohit


Finn Registration No -101048W

f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II

Director sitting Fee

Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses

Miscellaneous Expenses

37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG

28) Debit and credit balances including Sundry Debtors amounting to Rs 257727292 Creditors amounting to Rs 40630462 Loans taken aggregating Rs 298089089103ns and advances given aggregating to Rs 10650000 for which confirmation are not available are subject 10 adjustment or settlements Sundry Debtors exceeding six months referred to Note no 16 are considered good and recoverable by the management

29)J)eferred Taxation As the Company has unabsorbed depreciation and carry forward tax losses no deferred tax assets are recognised as there is no virtual certainty supported by convincing evidence that they can be realised against future taxable profits The carrying amount of deferred tax assets is reviewed at each Balance Sheet date for any write down as considered appropriate

30) Earning Per Shares March March 2016 2015

a) ProfitCLoss) Alter Tax (Rs) (84560135) (2491544)

b) Weighted Average No of 7000000 5019178 Equity Shares - ca1cu late for current year by weighted average method

e) Earning Per Share (1208) (050)

31) Employees Benefits Consequent upon adoption of Accounting Standard on Employees Benefits (AS-IS) (Revised 2005) issued by the Institute Of Chartered Accountants of India as required by the Standard the following disclosures are made

a) Gratuity

2015-16 2014-15 Gratuity Gratuity

bull (Unfunded) (Unfunded) a) bull Change in benefit obligations

Defined benefit obligation at the beginning of the 5333509 3538576 bull

f--shyyear Current Service cost 678313 479749 i

Interest cost 424547 329441 bull tcttlarial (gain)loss on obligations (301995) 663514 bull Benefit p~id (671376) (141373)

~7Defined benefit obligation at the end of the year 5462998 5333509 recognized in Balance sheet

----~~-

--~~ shyb) Assumptions used in the accounting for defined

benefit plans Discount Rate 801 796 bull _ Salary Escalation Rate 500 500 bull Attrition Rate _ 200 200 i

11shy

~ --~ --~-

i C) Expenses recognized in the income Statement 0

Current Service Cost 678313 i 470749---

424547Interest cost i-~ ACiilarfaT(6ac-in-cL~o~s-cs)~ (301995)Li Expense ~ecognized in PampL

10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave

Encashment EIcashment (Unfunded) (Unfunded)

Project~~ Benefit Obligation INR 2850265 INR1726563~ Fundine Status Unfunded Unfunded Fund Balance NA NA

i Current Liabllity- INR 307004 INR 283227 bull Non Current Liability_~ INR 2543261 INR1443336

31032015 Mortality Date of Valuation 31032016

Indian Assured Indian Lives Assured Lives Mortality Mortality

i (2006-08) (2006-08) i Ultimate i Ultimate

IRetirement Age 58 Years 58Ycars i Attrition Rate i 200 ~a (as 200 pa for all Service

Groups Jalary Escalatioll Rate i 500 pa

i per applicable)

500 pa i _

796 pa While in Service Encashment Rate Disconnt Rate 801 pa

Not Considered Not

Considered

For the For the Valuation Valuation i

~~-~

32) Segment Information The Company is the Dealer of Toyota Cars and is in the business of servicing of cars incidental to the dealership Due to the Nature of business and risk and return profile the business of the company is considered as a single segment and accordingly there are no separate repOltable segment as required by the Accounting standard on segment Reporting (AS-I 7) issued by the ICAI

33) Foreign Currency Expenditure in foreign currency is Nil (Previous year is Nil) Earnings in foreign currency is Nil (Previous year is Nil)

6

34) Related Party Disclosures Disclosure as per Accounting Standard 18 (AS-I 8) Related Party Disclosure issued by the Institute of Chartered Accountants of India

I) Holding Company Orieon Enterprises Ltd

2) Enterprises owned or controlled (Wholly Owned Subsidiaries) Reay Road Iron amp Metal Warehousing Pvt Ltd

3) Key Managerial Personnels (KMP) MrVarun Somani (Managing Director)

4) Enterprises significantly int1uenced by KMP or their relatives (with whom there are transactions)

a) Kopran Laboratories Ltd b) Kopran Limited c) Oriental Containers Ltd

Details of transactions with relate~ arties arc as follows Particulars

I) Holding Conpany - Orieon Enterprises Ltd Loan taken during the year Loan repaid during the year Sales ofvehicle Services amp Facilities Rent Paid Interest Paid

Outstanding Balances Unsecured Loan Payable Debtors Interest (Payable) Loan amp Advances (Receivable)

2) Enterprises owned or controlled (Wholly Owned Subsidiaries)

Reay Road Iron amp Metal Warehousing Pvl Ltd Loan Given During the Year Interest Received

Outstanding Balances Receivable

3) Key Managerial Personnels (KMP) MrVarun Somani (Managing Director) Basic Salaryshy 1512000 HRAshy 756000 Conveyanceshy 180000 Special Allowanceshy 72000 P Fundshy 181440 Grand Total-The above figures do not include provision for gratuity as separate figure is not available for the managing director

y-Ce-u-re-n-cd-ed-c-r---ye-a-r-e-nd-ed----

31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440

4) Enterprises significantly influenced by KMP or their relatives (with whom there arc transaction5)

a) Koplan Laboratories Limited Loan Given 3000000 82000000 Interest 4404328 Loan Received back 82000000 Outstanding Balances Interest Receivable

3000000

807780

b) Kopean Limited Loan Taken J 10000000 52000000 jnterest Payable 1118530 Loan Repaid 110000000 52000000 Interest Paid 1118530 Sale of Vehicle 1979216 2956171 Vehicles Service charges 395169513486

c) Oriental Col1tainers Ltd 40000000Loan Taken 1622950Interest Payahle 20000000Loan Repayment 1622950

Interest Paid

i 5) a

) Consists of vanous Items hence quantitative details are not pOSSible

lo

Stock and Turnover For the year ended

31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

For the year ended 31 MARCH 2015

VALUE

Itsbull 2954877991

8898Q 279715720

1---+=~~=----~___-+---17cO-6+--222_-1792pS _2JO~l--=J2cc55l67l06L9--78-1 1---+==-==----___-+__+-_2=3gt409423c5L_-+_-=2290-9c0l344--1

CgmiddotJ(5~IN(]sectlOCK__---+----cc=-c--+-------c~~c-==+~c+_-----~=--Ibull Cars 175 186960438 i 126 110930582

Spares Parts () 27568722 i 20128643

D CLOSING STOCK Cars 116 120446814 175 186960438

c-----+SSPiarcs--iarl~~~~~--+~~+-~2gt6gt1 8498 _ l-~-=2-7-5c68-c72=2-1

36) The company has taken various commercial premiscs LindeI cancelable operating lease The rent expenses indnoeo in the statement of pro1it amp loss for tile year is Rs 3 36 751381- (Previous Year Rs 22350685 1-) None ofthe lease agreement entered into by the company contains a dause on contingent rent The Company has taken many premises on rent and most ofthe agreements contain an escalation clause which varies depending upon the specific arrangement with the lessor In all the rent agreements there are no terms for purchase option or any restriction such as those concerning dividend and additional debts

37)

DlSCLOSlJRESJURSUINT sectECTlON I86()F TtlE COMPANIES ACT 201-3_~-

a) Loan to Subsidiary Reay Road Iron amp Metal Warehousing Pvt Ltd Balance as at the year end Maximum amount outstanding at any time during the year (The sJbsidiary has utilized the loan for development ofcar service workshop and the loan carries an average rate of interest of 15 )

Loan to Related Parties Kopral) Laboratories Limited Balnce as at the year end (Interest os) VIaximum amount outstanding at any time during the year (Kopran Laboratories Limited has utilized the loan for business purpose and the loan carries an average rate of interest of J8 )

Year ended 31 ( March 20J6

199098532 J99098532

I

38) Previous year figures have been regroupedl reclassified wherever necessary


Year ended 31 st March

20J5

1366 J 9466 136619466

807780 45635158

For BATLlBOiAND PUROHIT For and on behalf of Board Chartered Accountants Frm Rtltgistration No ~ HU048W

Rajendra Somani IIln S SomaniKausllal A Mehta Director Managing Director DIN 00332465 DIN 00015384


INDEPENDENT AUDITORS REPORT To the Board of Directors of Shinrai Auto Services Ltd

Report on the Consolidated Financial Statements

We have audited the accompanying consolidated financial statements of Shinrai Auto Services Ltd (hereinafter referred to as the Holding Company) its subsidiary (the Holding Company and its subsidiary together referred to as the Group) comprising of the Consolidated Balance Sheet as at 31st Mflrch 1016 the Consolidated Statement of Profit and Loss the Consolidated Cash Flow Statement for the year then ended and a summary of the significant accounting policies and other explanatory information (hereinafter referred to as the consolidated financial statements)

Managements Responsibility for the Consolidated Financial Statements

The Holding Companys Board of Directors is responsible for the preparation of these consolidated financial statements in terms of the requirements of the Accounting Standards specified under Section 133 of the Act readwith Rule 7 of the Companies (Accounts) Rules 2014 that give a true and fair view of the consolidated financial position consolidated financial performance and consolidated cash flows of the Group including in accordance with the accounting principles generally accepted in India including the Accounting Standards specified under Section 133 of the Act Iead with Rule 7 of the Companies (Accounts) Rules~ 2014 The respective Board of Directors of the companies included in the Group are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Group and for preventing and detecting frauds and other irregularities the selection and application of appropriate accounting policies making judgments and estimates that are reasonable and prudent and the design implementation and maintenance of adequate internal t1nancial controls that were operating effectively for ensuring the accuracy rmd c(1rnreteness (1f the 8Cc lltmting 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 hlllel or error which have been used for the purpose of preparation of the consolidated financial statements by the Directors of the Holding Company as aforesaid


Our responsibility iii to express an opinion on these consolidated financial statements based on our audit While conducting the audit we have taken into account the provisions of the Act the accounting and auditing standards and malters wbidl are required to be included in the audit report under the provisions of tile Act and the Rules made there under

We conducted Ollr audit in accordance with the Standards on Auditing specified by Institute of Chartered Accountants of IndIa Those Standards require that we comply with ethical

National Insurance Building 2n fl(j4 Dr D N Road Fort Mumbai - 400001 Tel +91 -22- 2207794222014930 bull E-mail auditteambnpindiain

1

Continuation SheetBATLIBOI amp PUROHIT


requirements and plan and perform the audit to obtain reasonable assura~ce about whether the consolidated financial statements are fiee from material misstatement An al~dit involves performing procedures to obtain audit evidence about the amounts ltlnd the discioslires tll the consolidated financial statcments The procedures selected depend on the auditors judgment including the assessment of the risks of material misstatement of the consolidated financial statements whether due to fraud or error In making those risk assessments the auditor considers internal financial control relevant to the Holding Companys preparation of the consolidated financial statements that give a true and fair view in order to design audit procedures that are appropriate in the circumstances but not for the purpose of expressing an opinion on whether the Holding Company has an adequate internal financial controls system over financial reporting in place and the operating effectiveness of such controls An audit also includes evaluating the appropriateness of the accounting policies used and the reasonableness of the accounting estimates made by the Holding Companys Board of Directors as wen as evaluating the overall presentation of the consolidated financial statements

We believe that the audit evidence obtained by us and the audit evidence obtained by the other allditors in terms of thelr reports referred to in sub-paragraph (a) of the Other Matters paragraph below is sufficient and appropriate to provide a basis for our audit ophiion on the consolidated financial statements

Opinion

In our opinion and to the best of our information and according to the explanations given to us the aforesaid consolidated financial statements give the information required by the Act in the manner so required and give a trtl(~ and fair view in conformity with the accounting principles generally accepted in India of the consolidated state of affairs of the Group as at 31 st March 2616 and their consolidated loss and their consolidated cash flows for the year ended on that date

OthelMatters

(a) We did not audit the financial statements financial information of I subsidiary Whose financial statements financial information reflect total assets ofRs 20618 Laldls as at 31st March 2016 total revenues of Rs Nillakhs and net cash int1ow~ amounting to Rs122 laldls for the year ended on thnt date as considered in th~ consolitlattd financial statements

This financial statements financial information have been audited by othel auditor whose reports have been furnished to us by the Management and our opinion on the consolidated financial statements in so far as it relates to the amounts and disclosures included in respect of the subsidiary and Olll report in terms of sub-sections (3) and (lJ) of Section 143 of the Companies Act 2013 (the Act) insofar as it relates to the aforesaid subsidiary is based solely on the report oHhe other auditor

2

Continuation SheetBATLIBOI ampPUROHIT Chartered Accountants

Our opinion on the consolidated financial statements and our report on Other Legal and Regulatory requirements below is not modified in respect of the above ll1atters with respect to our reliance on the work done and the reports of the other auditors

Report on Otber Legal and Regulatory Requirements

1 As required by the Companies (Auditors Report) Order 2015 (the Order) issued by the Central Government of India in terms of sub-section (II) of Section 143 of the Act based on the comments in the auditors repOits of the Holding company and subsidiary company incorporated in India we give in the Annexure a statement on the matters specified in paragraphs 3 and 4 ofthe Order to the extent applicable

2 As required by section] 43(3) of the Act we report to the extent applicable that

(a) We have sought and obtained all the information and explanations which to the best ofour knowledge and belief were necessary for the purposes of our audit of the aforesaid consolidated financial statements

(b) In our opinion proper books of account as required by law relating to preparation of the aforesaid consolidated financial statements have been kept so far as it appears from our examination of those books and the reports ofthe other auditors

(c) The Consolidated Balance Sheet the Consolidated Statement of Profit and Loss and the Consolidated Cash Flow Statement dealt with by this Report are in agreement with the relevant books of accuunt llIuinlaintlllfor the pmpose of prepilriltion of the consolillated financial statements

(d) In oUl opinion the aforesaid consolidated financial statements comply with the Accounting Standards specified under Section 133 of the Act read with Rule 7 of the Companies (Accounts) Rules 2014

(e) On tlw baSIS of the written representations received iIom the directors of the Holding Company as on 31 sl March 2016 taken on record by the Board of Directors of the Holding Company and the reports of the statutory auditors of its subsidiary company in India none of the directors of the Group companies incorporated in India is disqualified as on 31 st March 2016 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 Group and the operating effectiveness of such controls refer to our separate report in Annexure A

(g) With respect to the other matters to be included in the Auditors Report in accordance with Rule II ofthe Companies (Audit and Auditors) Rules 2014 in Ollr opinion and to the best of ollr information and according to the explanations given to us

i The Grollp does not have any pending litigations which has an impact on the on the consolidated financial position oflhe Group

3



ii The Group did not have any material foreseeable losses including derivative contracts

on long-term contracts

iii There were no amounts which were required to be transferred to the Investor Education and Protection Fund by the Holding Company and its subsidiary company

This report is intended for the use of the management of the Company for submission to the Auditors of the Parent Company for consolidation

For Batliboi amp Purohit Chartered Accountants ICAI Firm Registration number 101048W

~ uuU KausbaI Mehta Partner Membership number 111749

Place Mumbai Date16th May 2016

4


Annexure - A to the Independent Auditors Report

Report on the Internal Financial Controls undel Clause (i) of Sub-section J of Section 143 ofthe Companies Act 2013 (the Act)

In conjunction with our audit of the consolidated financial statements of the Company as of and for the year ended 31 March 20 J6 we hfve audiled the internal financial controls ovcr financial repo11ing of Shillrlli Auto Scrklls LimitedC~the Holdillg Company) and its subsidiary company which is company incorporated in India as ofthat date

Managements Responsibility for Internal Financial Controls

The Respective Board of Director of the Holding Company and its subsidiary company which is company incorporated in India 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 effecti(ely for ensuring the orderly and efficient conduct of its business including adherence to companys 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


Our responsibility is to express an opiniQn 01 the Companys internal financial controls over financial reporting based on ollr audit We conducted our audit in accordance with the Guidance Note on Audit of Internal Financial Controls over Financial Reporting (the Guidance Note) issued by leAl and the

Standards on Auditing issued by leAl and deemed to be prescribed under section 143(10) of the Companies Act 2013 to the extent applicable to an audit of internal financiafcontrols both issued by the Institute of Chal1ered Acc)untants 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 ndeqllRte internnl finrlllcial C0ntr01s a as (stlbl ~lild li(iiuldill and if such controls operated cflectively 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 repOl1ing 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 asstssed risk The procedures selected depend on the auditors judgment including the assessment of the rilks of material misstatement of the financial statements whethcr due to lhwd 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 Companys internal financial controls system over financial repOlting


Meaning ofIntemal Financial Controls over Financial Repolting

A companys 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 slatements for external purposes ill accordance with generally accepted accollnting principles A companys internal financial control over tinancio] reporting includes those policies and procedures that (1) pertain to the maintenance of records fhat 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 authorisations of management and directors of the company and (3) provide reasonable assurance regarding prevention or timely detection of unauthorised acquisition use or disposition of the companys assets that could have a material effect on the financial statements

Inherent Limitations of Internal Financial Contmls 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 fiaud 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 Holding Company and its subsidiary company which is company incorporated in India have in all material respects an adequate internal financial controls system over financial reporting and such internal financial controis over financial reporting were operating effectively as at 31 March 2016 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 ReiJorting issued by the ICAL

Other hlntters

Om aforesaid reports under Section 143 (3) (i) of the Act on the adequacy and operating effectiveness of the inte1l1al financial controls over financial reporting insofar as it relates to one S~JbsidiHry company which is company incorporated in India is based on the corresponding reports of the allditors of stich company incorporatec in india

For BATLIBOI amp PUROHIT Chartered Accountants Firms r()gislration number 101 04RW

fmiddot I--L~Llt~ (ausha~ Partner Membership nUll1ber 111749

Place Mumbai Datel6th May 20 l6

2

+ ~ l

~


CONSOLIDATED BALANCE SHEET AS AT 31ST MARCH 2016

Not~ No SHlNRAI RRAYROAO 31st March2016 31st March2015

1 EQUITY amp LIABILITIES

Shareholders Funds

(a) Share Capital

(b) Reserve ampSurplus

Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467

2 Non Cttrrent Liabilities

(a) Long term Borrowings 4 298089089 298089089 196707068

(b) Deffered Tax liabilities (net) 22123 22123 7705

term Provision 5

Total 305530446 22123 305552569 203906232

3 Current Liabilities

(a) Short Term Borrowings 6 364532196 364532196 368569847

(b) Trade Payable 7 40630462 40630462 43112220

(c) Other Current Liabilities 8 145621726 2481516 148103242 159968960

(d) Short Term Provisions 9 871906 871906 2126744

Total 551656290 2481516 554137806 573777771

TOTAL

II Asset



(i) Tangible Assets 10 107227606 18497 107246103 122781704

(ii) InTangible Assets 10 701525 701525 812324

(iii) Capital Work in Progress 179715039 179715039 141849929

(b) Goodwill 11 4335399 4335399 4335399

(c) Deferred Tax Assets (net) 12

(d) Long Term Loans amp Advances 13 54810558 65500 54876058 51227106

(e) Other Non Current Assets 14 18105 18105 14095

Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160

(b) Trade Receivables 16 257727292 257727292 211615543

(c) Cash amp Cash Equivalents 17 807l279 1745415 9816694 40339069

(d) Short Term Loans amp Advances 18 2330409 2330409 2685032

(e) Other Current Assets 19 4204326 4204326 4898109

Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1


As pef our report of even date attached

For and on behalf of For and on behalf of the Board



tl1 flt~Plj~-S ---- ~

~ Etr ~ Kaushal A Mehta Ir 1( I

~c1 lqi~BAI J Partner gt VI l Membership No 111749 11 DIN 00332465 DIN 00015384 0~- -v ltIl~Place Mumbai

~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III


Consolidated Statement of Profit amp Loss for the year ended 31st March 2016

Note No SHINRAI REAYROAD 31st March2016 31st March2015

Revenue From Operations 20 3082754263 3082754263

II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses

Purchase of Traded Goods 22 2455886313 ~4~fIlRIi7~ 7IlS717 I

Changes In inventories 21 67fl97418 67897418 (83169935)

Finance Costs 24 81692027 81692027 68704837

Employee Benefits Expenses 25 83242093 83242093 79990196

Other Expenses 26 540714511 79794 540794305 551124409

Depreciation amp Amortization Exp 27 19080679 3885 19084564 17657656

IV Total Expenses 3248513101 83679 3248596780 3419804465

Profit (Loss) Before Exceptional Item and tax (109203542) (83679) (109287221) (27685748)

Exceptional Item 0 0 29478427

IX Profit (Loss) Before Tax (109203542) (83679) (109287221) 1792679

x Tax Expense

a) Tax For Earlier Year 19513 19513 206360

b) Current Tax o

Deffcred Tax

Xl Profit (Loss)forthe Year (109203542) (109556) (109313098) (2418491) Xll __________________________________________________________________________________~-----------------

Xlll Balance Carried Forwards to Balance sheet

XU Basic Earning Per Equity Share

of 1

(109203542) (109556) (109313098) (~418491)


As per our report Qpound ~vcn date illtached

For and 011 behalf of For and on behalf of the Board



Managing Director

DIN 00015384

Vamn SomaniRajendra Somani

Director

DIN 00332465

J


Consolidated Cash Flow statement for the year ended 31 st March 2016

A CASH FLOW FROM OPERATING ACTIVITIES Net Profit I (Loss) before taxes

For the year ended 31st March2016

Rupees (109287221)


Rupees 1792679

Adjustment For Tax Paid Expectionalltems Reversal of depreciation due charge In method Goodwill (Profit) Loss on sales of Fixed assets Depreciation Interest Income Finance Cost Operating Profit before Working capital changes

1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283

(Increase) Decrease in Trade receivables (Increase) Decrease in Inventories InCjeas~ (Decrease) In Trade payable Increase (Decrease) in liabilities and provisions (Increase) Decrease in Loans amp Advances and other current assets

(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261

B CASHFLOW FROM INVESTING ACTIVITIES Purchase of fixed assets CapitalWIP Sale of Fixed Assets Interest received

(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677

Net cash from investing activities (8) (42593366) - (71186~

C CASH FLOW FROM FINANCING ACTIVITIES Increase in Share Capital Proceeds from borrowing Repayment of borrowing Finance Cost paid

2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)

Net Cash from financing activities ( C) 11281267 120467288

Net Changes In cash amp cash equivalent (A+8+C) (30522375) (1622921)

Net Increase I (Decrease) in cash amp cash Equivalent Cash amp cash equivalent at beginning of period Cash amp cash equivalent as at 31st March

40339069 9816694

41976090 40353163

(30522375) (1622927)



Batliboi amp Purohit Chartered Accountants

Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016

Rajendra Somani Director

DIN 00332465


NOTE -1 TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST

MARCH 2016

NOTES ON ACCOUNTS

The Company its subsidiary Gointly refelTed to as the Group) considered in this consolidated financial statements are

a) Name of subsidiary Reay Road Iron and Metal warehousing Pvt Ltd Incorporated in India of voting power 100 as on 31032016 (previous year 100)

1) Accounting Policies

a) Basis for Accounting These consolidated financial statements have been prepared to comply in all material

aspects with applicable accounting principles in India the applicable Accounting Standards prescribed under Section 133 of the Companies Act 2013 (Act) read with Rule 7 of the Companies (Accounts) Rules 2014 the provisions of the Act (to the extent notified) and other accounting principles generally accepted in India to the extent applicable and in particular Accounting Standard 21 (AS 21) - Consolidated Financial Statements

The financial statements of the Company and its subsidiary have been combined on a line-by-line basis by adding together the book values of like items of assets liabilities income and expenses Intra company balances and intra company transactions and resulting unrealised profits are eliminated in fulL Unrealised losses resulting from intra company transactions are also eliminated unless cost cannot be recovered

The consolidated financial statements have been prepared using uniform accounting policies for like transactions and other events in similar circumstances The accounting policies adopted in the preparation of financial statements are consistent with those ofprevious year

The difference between the cost of investment in the subsidiary and the Companys share of net assets at the time of acquisition of share in the subsidiaries is recognised in the financial statement as Goodwillmiddot

All assets and liabilities have been classified as current or non-current as per the Groups normal operating cycle and othel criteria set out in the SGhedule III to the Companies Act 2013 Based on the nature of products and the time between acquisition of assets for processing and their realisation in cash and cash equivalents the Group has ascertained its operating cycle as 12 months for the purpose of currentnon-current classification of assets and liabilities

b) Use of Estimates The presentation of Financial Statements in conformity with generally accepted accounting principles requires the management to make estimates and assumptions that affect the reported amount of assets and liabilities revenues and expenses and disclosure of contingent liability Such estimates ancl assumptions are based on managements evaluation of relevant facts and circumstances as on the date of financial statements The actual outcome may diverge from these estimates

~ I I


Revenue from sale of goods is recognized when all the significant risks and rewards of ownership in the goods are transferred to the buyer as per the terms of the contract the Company retains no effective control of the goods transferred to a degree usually associated with ownership and no significant uncertainty exists regarding the amount of the consideration that will be derived from the sale of goods Sales are recognised net of trade discounts rebates sales taxes and insurance charges

Income from services rendered is recognized as and when the service is performed and when no significant uncertainty exists regarding the amount of the consideration that will be derived from rendering the service and is recognised net of service taxas applicable

d) Depreciation

Depreciation on tangible fixed assets has been provided on straight line method as per the useful life prescribed in schedule II to the Companies Act 2013 Intangible are amortized over the period of 5 years

e) Fixed Assets Fixed Assets are stated at cost of acquisition or construction less depreciationamortization Cost comprises of purchase priee and any attributable cost of bringing the assets to its working condition for its intended use

1) Inventories Inventories are valued at cost or net realisable value whichever is lower by using Weighted Average method of valuation Cost is computed ona weighted average basis The net realisable value is the estimated selling price in the ordinary course of business less the estimated costs of completion and estimated costs necessary to make the sale Finished goods include all costs of purchases conversion costs and other costs incurred in bringing the inventories to their present location and condition

g) Cash and Cash Equivalents Tn the cash flow statement cash and cash equivalents include cash in hand term deposits with banks and other short-term highly liquid investments with original maturities ofthree months or less


employee pension scheme etc are charged as an expense based on the amount of contribution required to be made as and when services are rendered by the employees Companys provident fund contribution in respect of certain employees is made to a government administered fund and charged as an expense to the Statement of Profit and Loss The above benefits are classified as Defined Contribution Schemes as the Company has no further defined obligations beyond the monthly contributions


iii) The Company provides for the encashment of leave with pay subject to certain rules The employees are entitled to accumulate leave subject to certain limits for future encashment availment Provision for Leave Encashment is made on the basis of leave outstanding at the year ended Provision for Leave Encashment is accounted based on the actuarial valuation and charged to Profit amp Loss Account

i) Operating Leases

Leases in which a significant portion of the risks and rewards of ownership are retained by the lessor are classified as operating leases Payments under such leases are charged to the Statement of Profit and Loss on a straight line basis over the primary period of the lease

j) Impairment


Assets whose carrying value exceeds th~ir recoverable amount are written down to the recoverable amount by recognising the impairment loss as an expense in the Statement ofProfit and Loss Recoverable amount is higher of an assets or cash generating units net selling price and its value in use Value in use is the present value of estimated future cash flows expected to arise from the continuing use of an asset and from its disposal at the end of its useful life Assessment is also done at each Balance Sheet date as to whether there is any indication that an impairment loss recognised for an asset in prior accounting periods may no longer exist or may have decreased

k) Earnings per share

Basic earnings per share is calculated by dividing the net profit for the period attributable to equity shareholders by the weighted average number of equity shares outstanding during the period The weighted average number of equity shares outstanding during the period and for all periods presented is adjusted for events such as bonus shares other than the conversion of potential equity shares that have changed the number of equity shares outstanding without a corresponding change in resources

I) Taxes on Income Deferred tax is recognised for all the timing differences subject to the consideration of prudence in respect of deferred tax assets Deferred tax assets and liabilities are measured using the tax rates and tax laws that have been enacted or substantively enacted by the Balance Sheet date Deferred tax assets are recognised and )(lrried forward only to the extent that there is a reasonable certainty that sufficient future taxable income will be available against which such deferred tax assets can be realized


Consolidated Notes to financial Statements for the year Ended 31st March 2016

Note SHINRAI REAY ROAD 31st March2016 31st March2015

No

Share Capital 2

Authorised Share Capihlj

7000000 equity sh (py 7000000 shares) Q( I~ 10 earh 70000000 70000000

No of Issued Subscribed 8lt Fully laid up Capilal

7000000 equity shares (py 5000000 shares) on~ 10 each 70000000 70000000 50000000

1ssued Shares durjng lhe year

cy Nil (ly2000000 shares) of ~ 10 each 20000000

Total 70000000

Reconciliation of the shares outstanding at the beginning and at the end of tbe Year

Allhelleginning of Ihe year 7000000 7000000 5000000


A al end of the year 7000000 7000000 7000000

TermsRighls allached 10 equity Shares

Tht COlllpany gt ullly ed_ss ul l~luUy shr~s haVing at par value of 10 per sharehach holder of equity shares Is enlHId 10 one vole per share The Company declares and pays divIdends in indian rupees

In the evenl 01 liquidation of the Company Ihe holders 01 equily shares will be entiUed 10 receive remining assels ollhe Company after dislribution of all preferential amounts The dislribution will be in Ihe proportion 10 th numher ofequity shares held by Ihe shareholders

Shares held by llOldngullimale holding company and or Iheif subsidiarieslSsociates

None ollhe shares of the comrany are held by Ihe Subsidlnries or Associates of lhe Company

Shares held by Ihe Holding Company

Oricon Enterprises LId (holding co) 69999300 69999300 9999 69999300 9999

(No o(Share holding 6999930 shares (PY 6999930 Sharesraquo

TOTAL 2 70000000 70000000 70000000

Reserve amp SUlplu 3

Salance Slatemeni 01 Profit amp Loss at Ihe begning of the year (51805228) (791305) (52596533) (44970563)

Add Transit effecllo schedule 11 01 Companies acl2013 on tangible fixed aels with nil remaining life (Kef nole 11012) (178053) (178OS3) (5207479)

Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4

Kolak Mahind Primltd

(secured Against Hypothecation of Vehicles)

4197173

Interes 1025repayable in 36 monlhly Installments

Toyota Financial Services Ud

(cured Againsl HYlothecation of Vehicles)

3532552

Interest1025 repayable in 36 monthly installments

Unsecured Lons

Kalak Mahindra Prime Ltd (Term Loan) 70709516

Uricon Enterprises Ltd (Helated Parties)


Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision

(a) Provision for Employeeaenefits

1) Lew(gt Encashnwnt 2543261 2543261 2554385

TOTAL 5 7441JJ7 71413~7 7lry115ry

Shorl Term BorrowIng 6

(1) Kotilk Mhindlcl Prime ltd 282278378 282278378 323125589

Nallllr OLOflIl- Workillg Calitd

(secured Against Hypolhecatin of vehicels

Amount receivableBookdebts Current Assets)

(Ii) Kolak Mahindm llank Ltd (CC Account) 46468833 46468833 45444258

(hypolhecalion againS spare paris book dabts)

(iii) Kulak Mahindra llank Ltd 10764985 10784985

(iv) Orionlal onlaI1 200001000 70000000

TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220

UlherLurrenl Liability 8

(a) Interest Accured on Borrowing ]5451105 15451]05 8372821

(1)1 Other labblles 954768 954768 954768

(C) Other Payblos

Advances From Customer 6230534 6230534 14877835

Credit balance in trade receivable 3~865220 36865220 37(30438

Sialulol) Liability 43820342 2464341 46284683 45552947

Unpaid Salal amp wages 6412754 6412754 6442174

Provision for Expenses 12506599 17175 12523774 11908213


Related Parties 20650000

others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960

Short Term Provision 9


Graluity 564902 564902 696435


(b) Others

(I) Irovl~lon lor Income T (Net) J430300

Yearlax

TOTAL 9 871906 871906 2126744


Notes No 10 Financial Statementior year ended 31st March 2016 FIXED ASSETS (Tangible)

TANGIBLE ASSETS

(Own assets unless otherwise stated)

Ai~ Electrical Furniture amp Office Plant amp Workshop Lease holdBuilding Vehicle Computer Reay Road Total

Condiioner Installation Fixtures Equipments Machinery Tools Improvents

Gross Block

Balance as at April 012014 3696477 34236674 6154642 11915144 3471065 18808777 7182142 39602902 12432168 487540 137987531 Additions 188300 3314806 1021527 2317621 1296941 7694082 3602508 39035713 58471698 Deletions 4305600 4305600 Effect of GR 1652375 3109923 5756563 1730986 4962993 17213340 Balance as at March 312015 2232102 34236674 3044719 9473387 2761606 21126398 8479083 42991384 11071683 487540 39035713 174940289

Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886

Deletions 10572158 10572158 Balance as at March 31 2016 2232102 36576525 3044719 9505887 2806774 21988398 10133389 37351287 11400683 487540 39035713 174563017

Accumulated Depreciation Balance as at April 01 2014 1763271 22867378 3907017 8793012 1860289 7099464 3841734 19221368 9738182 270601 79362316 Additions 258637 1140153 576859 1084490 927718 2368723 852100 6218762 1926531 5649 2162709 17522331 Deletions 3258895 3258895 Effect of change in Method of Dep 529669 9737385 1247366 2258030 770977 2750837 1754531 8943288 1493751 29485834 Adjusted with General Reserv8 - 538850 - 1019673 - 977852 - 859597 - 1811507 5207479 Effect of GR 1652375 3109923 5756553 1730986 4962993 17213340 Balance as at March 31 2015 373214 14270146 1146260 2840761 1145641 6717350 2939303 13237947 7019476 276250 2162709 52134057

Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818

Adjusted with Reserves 188909 188909 Balance as at March 31 20Hz 642220 15444385 1496064 3992523 1791652 8125511 3647309 15661584 9534729 469043 6511893 67316913

Net Block Balance as at March 31 2015 1853888 19966528 1898459 6632626 1615965 14409048 5539780 29753437 4052207 211290 36873004 122806232 Balance as at March 31 2016 158gB82 21132140 1548655 5513364 1015122 13862887 6486080 21689703 1865954 18497 32523820 107246104

a

I


Notes No 10 Financial Statement for year ended 31st March 2016

FIXED ASSETS (In Tangible)

IN TANGIBLE ASSETS

(Acquired unless otherwise stated) I Particulars Computer

Software

Gross Block Balance as at April 012014 1107990 Additions

Deletions




Accumulated Depreciation Balance as at April 012014 Additions

Deletions

Effect of change in Method of Dep


Balance as at March 31 2015 Additions


177460 110799

7407

295666 110799

406465

Net Block Balanceas at March 31 2015 812324 Balance as at March 31 2016 701525

gt

Assets

Goodwill 11

Share Capito 100000 100000 100000

Add Reserve ampSurplus 1$ on 03 May 2013 5564601 556460l 5564601

SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900

Denered nx Assets 12

Depreci(tion Amorti7ation ~hargcs for the Hnandl reporting 22J23 22123 7705

Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705

Long Term Loan amp Advances 13

Unsecured Consideud Good

Advance 10 RaJaled Parly 807780

Advance 10 others 10650000 65500 10715500 13650000

Deposits

Unsocured Considered Good

1) wilh Relaled Irlies

2) Other 13499911 13499911 12490997


1) Prepaid Expenses 2153971 2153971 2299045

2) Service Tax on lnput Melerlals 1347592 1347592 269762

3) Value Added Tax on Input Materials 3426307 3426307 3381923

4) Tax Deduction at Source 23732776 23732776 18327599

TOTAL 13 54810558 65500 54876059 51227106

Olhltr Non Currenl Ass

Margin Money in Indus

ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16


(a) Outstanding for a period exceeding six months 96233679 96233679 86811206

(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I

Cash amp Cash Equivdlenls 17

7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069

Shorl Term Loan amp Advanns 18

TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326



Diltliboi amp Purohit


Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2


Consolidated Notes to financial statements for the year ended 31st March 2016

SHINRAI REAYROAD 31st March2016 31st March2015


futlfQfErIl9Ipoundt Traded Goods

NOTE

20

(A) Car

(B) Sale of Service


Other O~erating Revenue

2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21

(1) Insurance commission amp Finance Incentive 37892169 37892169 37993345

(2) Credit Balance Written Back 12967341 12967341 5683742

(3) Commission on Car Sale 4093985

(4) Interest Received 4011 4011 190191177

(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978

Spoundares Parts amp Others 234094235 234094235 229090344

TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21

Docurnentry Charges on bon-owing loans 1699285 1699285 226384

Interest on Borrowing 79992742 79992742 68478453

24 81692027 81692027 68704837

Employees Benefit Expenses 25

Salary Wages amp Bonus 73580443 73580443 70219631

Director Remunaration 2701440 2701440 2701440

Contribution to Provident amp Other Funds 4128786 4128786 3969390

Gratuity 800865 800865 1936306

Leave Encashment 818464 818464 - 84536

Staff Welfare Expenses 1212095 1212095 1247965

TOTAL 25 83242093 83242093 79990196

Other Expenses 26

Electricity Charges 15208816 15208816 11818106

Freight amp Forwarding Charges 3108296 3108296 3440492

Rent 33675138 33675138 22350685

Office Maintainance Exps 7506000 7506000 7506000

Rates amp Taxes 1316310 1316310 8717383

Registration Charges 294487441 294487441 313544949

Insurance 01arges 1521322 1521322 650094

Insurance Expenses 2983670 2983670 2894034


I) Plant amp Machinery 1909308 1909308 2053906

II) Repairs to Buildings 794378 794378 1843825

III) Repairs to Others 4862288 4862288 3296426

Advertising amp Sales Promotion Expenses 7192409 7192409 10096731

Office Expenses 23236479 2040 23238519 21657440

Travelling amp Conveyance 2467123 2467123 1656131

Communication Expe1Ses 2500467 2500467 1923627

Printing amp Stationary 2058460 2058460 1951746

Legal amp Professional Fees 2399901 40500 2440401 1746906

TOTAL 26 540714511 79794 540794305 551124409

Depreciation amp Amortization Exp 27

Depreciation on Tangible Assets 18969880 3885 18973765 17546857

Amortisation on Intangible Assets 110799 110799 110799

TOTAL 27 19080679 3885 19084564 17657656





Firm Registration No - 101048W


Place Mumbai

Date 16032016

Varun SomaniRajendra Somani

Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l

28) balances of Sundry Debtors amounting to Rs 257727292- Creditors amounting to Rs 40630462- Loans taken aggregating Rs 298089089- loans and advances given aggregating to Rs J0715500- for which continnation are llot availabk ar~ subjcd tu udjustmcl1t ot settlements Sundly Dehtors exeeeding six U10lllbs referred to Note no 16 are considered good and recoverable by the management

29) Deferred Taxation As the Group has unabsorbed depreciation and carry forward tax losses no deferred tax

assets are recognised as there is no virtual certainty supported by convincing evidence that they can be realised against future taxable profits The carrying amount of deferred tax assets is reviewed at each Balance Sheet date for any write down as considered appropriate


a) ProfitCLoss) After Tax (Rs) (109313098) (2418491)

b) Weighted A verage No of 7000000 5019178 Equity Shares - calculate for current year by weighted average method

c) Earning Per Share (J 562) (048)

31) Employees Benefits Consequent upon adoption of Accounting Standard on Employees Benefits (AS-15) (Revised 2005) issued by the Institute Of Chartered Accountants of India as required by the Standard the following disclosures are made

a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity

(Unfunded) I a) Change in benefit obligations

Defined benefit obligation at the beginning of the year

5333509 3538576

Current Service cost ---~--

Interest cost 678313 424547

470749 329441

Actuarial (gain)Ioss on obligations (301995) 663514 Benefit paid (671376) (141373)

I Defined benefit obligation at the end of the year recognized in Balance sheet

5462998 5333509

b) Assumptions used in the accounting for defined benefit plans Discount Rate 801 796 I

Salary Escalation Rate 500 500 i

Attrition Rate 200 200

I

c

- I

iC) Expenses recognized in the income Statement 0110412015shy3110312016

011042014- I 311032015

Current Service Cost 678313 4707491 Interest cost 424547 329441 Actuarial (GainIoss) (301995) ] ] 36116 Expense Recognized in Pamp L 800865 1936306

I

i

32) Segment Information The Company is the Dealer of Toyota Cars and is in the business of servicing of cars incidental to the dealership Due to the Nature of business and risk and return profile the business of the company is considered as a single segment and accordingly there are no separate reportable segment as required by the Accounting standard on segment Reporting (AS-I) isslled by the leAl


b) Leave Encashment 2015-16 Leave

Encashment (Unfunded)

2014-15 Leave


Projected Benefit Obligation INR 2850265 INR1726563 Funding Status Unfunded Unfunded

i Fund Balance NA NA Current Liability INR 307004 INR 283227 Non Current Liability INR 2543261 INR1443336

Date of Valuation 31032016 31032015 Mortality Indian Assured

Lives Mortality (2006-08) Ultimate

Indian Assured Lives Mortality (2006-08) Ultimate

Retirement Age 58 Years 58 Years Attrition Rate 2QO pa (as

per applicable) 200 pa for all Service Groupsmiddot

Salary Escalation Rate 500 pa 500 pa Discount Rate 801 pa 796 pa While in Service Encashment Rate Not

Considered For the Valuation

Not Considered For the Valuation

( bull gt

34) Related Party Disclosures Disclosure a per Accoul1ling Standard 18 (AS-IS) Related Party Disclosure issued by the Institute of Chartered Accountants of India

I) Holding Company Oricon Enterprises Ltd

2) Enterprises owned or controlled (Wholly Owned Subsidiaries) Reay Road Iron amp Metal Warehousi~g Pvt Ltd

3) Key MRmlgerial Personnels (KMP) MrVarun Somani (Managing Director)

4) Enterprises significantly influenced by KMP or their relatives (with whom there are transactions)

a) b) c)

Kopran Laboratories Ltd Kopran Limited Oriental Containers Ltd

D t I f th ltd le al s 0 transaclIons WI re a e par les are as f10 IIows Particulars Year ended

31st March 2016

Year ended 31st March

2015

1) Holding Company - Oricon Enterprises Ltd Loan taken during the year

Loan repaid during the year Sales ofvehicle Services amp Facilities Rent Paid Interest Paid

45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -

2) Key Managerial Personnels (KMP) MrVarun Somani (Managing Director) Basic Salaryshy 1512000 HRAshy 756000 Conveyanc~- 180000 Special Allowanceshy 72000 P Fundshy 181440 Grand Totalshy

2701440 2701440

The above figures do not include provision for gratuity as separate figure is not available for the managing director

I


~-~-~

lsg

a) Kopran Laboratories Limited Loan Given 3000000 82000000 Interest - 4404328 Loan Received back 3000000 82000000 Outstanding Balances Interest Receivable - 807780

b) Kopran Limited Loan Taken 110000000 52000000 Interest Payable 1118530 Loan Repaid 110000000 52000000 Interest Paid 1118530 Sale of Vehicle 1979216 2956171 Vehicles Service charges 513486 395169

c) Oriental Containers Ltd Loan Taken 40000000

Interest Payable 1622950

Loan Repayment Interest Paid

20000000 1622950

d) Varun somani Loan taken Loan Repayment

9900000 9900000

35) a) Stock and Turnover

i A TURNOVER Cars Service () Spare Parts ()

B PURCHASES Cars Spares Parts ()

C OPENING STOCK Cars Spares Parts ()

h

i D CLOSING STOCK

l Cars

For the year ended 31 s1 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175

26184928 bull Crs~ares Part

() ConsIsts of va no us Items hence quantItatlve detaIls are not possIble


VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722

36) The company has taken various commercial premises under cancelable operating lease The rent expenses included in the statement of profit amp lossfor the year is Rs 33675138shy(Previous Year Rs 22350685-) None of the lease agreement entered into by the company contains a clause on contingent rent The Company has taken many premises on rent and most of the agreements contain an escalation clause which varies depending upon the specific arrangement with the lessor In all the rent agreements there are no terms for purchase option or any restriction such as those concerning dividend and additional debts

37) DISCLOSURES PURSUANT SECTION 186 OF THE COMPANIES ACT 2013

Year ended 31 st March 2016


Loan to Related PartiesKopran Laboratories Limited Balance a~ at the year end (Interest os ) Maximum amount outstanding at any time during the year (Kopran Laboratories Limited has utilized the loan for business purpose and the loan carries an average rate of interest of 18 )

--

807780 45635158

38) Previous year figures have been regrouped reclassified wherever necessary

As per our report of even date attached For BATLIBOI AND PUROHIT for and on behalf of Board Chartered Accountants Firm Registration No middotlOl048W

Kaushal A Mehta Rajendra Somani Director DIN 00332465

Varun S Somani Managing Director DIN 00015384

f)

Notice and Director report

Shinrai Standalone amp Consolidated Financials 2015-16

SHINRAI AUDITOR REPORT

SHINRAI Financial Statement

SHINRAI CONSOLIDATED AUDIOTRS REPORT

Shinrai Balancesheet

2


appropriate in the circumstances but not for t11e purposc of expressing an OplJ1lOl1 on whether the Company has in place an adequate internal financial ctrols system over financial reporting and the effectiveness of such controls An audit also includes evaluating

the appropriateness ofthe accounting policies used and thereasonab1eness of the accotll1ting estimates made by the Companys Directors as well as evaluating the overall presentation of the financial statement We beJieve that the audit evidence we have obtained is sufficient and appropriate t9 provide a basis for our audit opinion on the financial statements

Opinion

In OUI opinion and to the best of our information and according to the explanations given to us the aforesaid financial statements give the information required hy the ~ct in the mfmner so required and give a true and fair view in conformity with the accounting principles geilerally accepted in India of the state of affairs of the Company as at 31 st March 2016 and its loss and its cash flows for the year ended on that date

Report on Other Legal and Regulatory Rcquiremcnts

As required by Companies (Auditors Report) Order 2016 (the Order) issued by 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 paragraphs 3 and 4 of the order

As required bySection 143 (3) ofthe Act we report that

(a) We havesought 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 propel 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 arc in agreement with the hooks of Recount

(d) In our opinion the aforesaid financial statements comply with the Accounting Standards 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 31st March 2016 taken on record by the Board of Directors none of the directors is disqualified as 011 31st March 2016 from being appointed as a director in terms of Section 164 (2) of the Act

(D with respect to the adequacy of the internal financial controls over financialleporting

2








p4 (dJ-~~



3













4




relates Maharashtra



AY 2008-09 i

AY 2009-10 shy
















6
















1






Opinion





2












3 6912101 2414928 4497173

10169284 6636732 3532552

43650000

43650000

182459040 6759192

175699848

78279098 7569552

70709516

4898096 2543261

307004 564902

8313263

23365916 218353

2315702 11158816 10109751

516866 2019042

27984803 30520711 40630462


1976587 2315702 1460655 9698161

15451105


477384 477384 954768


13 1396200

103971 251903 131365

1609424 3492863


Other assets 9


5400000 5000000

250000 10650000


199096532

Deposits


3451113 748798

4650000 4650000

13499911

Bank Balance 16


10000 1571585 1849759

987744 725855

45803 5131

13649 2055358 7264886


MARCH 2016


SALE PRODUCT


Total

2469919308 302173572


TOTAL 2684230143

SALES OF SERVICE


6215925 91039451 15631808


TOTAL 113628535

SALES OF PARTS


53375660 7169671

24317753 6242890

181651711 1



TOTAL 3082754263

I

OTHER EXPENSES


TOTAL

OFFICE MAINTAINCE


TOTAL

REPAIRS TO OTHERS


TOTAL

TRAVELLING EXP


TOTAL

WORKSHOP EXPENSES


TOTAL

23

177718 20270740

7506000 2920680 2800000

33675138

7506000

347116 1005150

35956 1316310

1109223 2968978

784087 4862288

835660 1318790

312673 2467123

1389148 454827

33088884 34932859

~I

OTHER INCOME 18



TOTAL OTHER 5691776

TOTAL 81198104


TOTAL 2455886313



TOTAL 13580443



TOTAL 4128786

--- -- -~-- -------~------~ --shy

t



TOTAL



TOTAL

INVENTORY

CAR SPARE PARTS

TOTAL

1132922 13593

720298 1107344

42110 5180032

20000 173412

8978953 1120492 1506951

242228 504974 63680

317000 8528 2500

92724 77652

9251 21296142

1699285

24107737 2519028

35527847 5772404 5368490 4278891 2418345

79992742

120446814 26184928

146631742

-_T- A





ALTIS 10 1350062 13500621 2 1$4952 2459904 12 15970525 38677327


CorrolaOld 906746 2720238 - 3 2720238 2720238

Etios 16 73504 11772065 9 618033 5554301 25 17334366 19580922

Etios Cross 8 630267 5042138 - 8 5C42138 4781224

EtiosLiva 2 520263 6243155 8 513390 4117118 2D 10350273 18502936

Fortuner 11 2041873 22460608 2 1906m 3813942 26274550 23758948

Innova 2 1116518shy 26796424 5 1019-614 5098071 29 31894495 52713524

Land Crusier 1 3866497 3866497 - 1 3866497 3866497

Quiligt 2 541613 1083226 2 U83226 1083226

Prious - - - - - -TOTAL 90 13679762 99395478 26 5292960 21051336 116 120446814 186960138



AMOUNT AMOUNT





Loadp_ - 2115446


TOTAL 26l51B36 25999419


TOTAL 26184928 26576812


TOTAL 26184928 Z7568712





(a) Share Capital 2 70000000 70000000


Total (66365363) 18194772




Total 305530446 203615300



(b) Trade Payable 7 40630462 42385877



Total 551656290 571836272

TOTAL 790821373 793646344

II Asset









10

10

11

12

13

14

107227606

701525

10000000

253909090

18105

122594942

812324

10000000

187781072

14094

Total 371856326 321~202432

2 Current A5set5

(a) Inventories





15

16

17

18

19

146631742

257727292

8071279

2330409

4204326

214529160

211615543

38716068

2685032

4898109

Total 418965047 47443912

TOTAl 790821373 793646344











ltydh~~ ~lt~~





][ Other Income 21 81198704 68298245


IV Expenses



Finance Costs


Other Expenses


IV Total Expenses

22 2455886373

23 67897418

24 81692027

25 83242093

26 540714511

27 19080679

3248513101

2785797322

(83469935)

68704837

79990196

551015676

17627479




X Tax Expense


b) Current Tax o












Director

DIN 00332465

Managing Director

DIN 00015384

Lt~ Partner


Place Mumbai

Date 16052016





2016 Rupees (84560135)


Rup~s

(27758801)


1107344 19080679

(24847418) 81692027 (7327503)

477816 17627479

(19019677) 68704837 40031654


(46111749) 67897418 (1755415) (9482716)

(65083623)

(37278320) (83469935)

2634180 29971926

(35188175)



(54536085)

(6186358S)

1123330324)

(83298670)


(10194886) 5485000

24647418

(58471698) 840000

19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)



(30644789) (1643403)


38716088 8071279

40373565 38730162

(30644789) (1643403)







Varun Somani


~



NOTES ON ACCOUNTS









f

d) Depreciation









i) Operating Leases


j) Impairment






G




No

Share Capital 2







Total 70000000 70000000














TOTAL 2 70000000





Closing Balance 3 (136365363) (51805228)

1

Long Telm Borrowing

Secured Loan

4



4497173 7610693




3532552 62712


Unsecured Loans





43650000

175699848 182825139

TOTAL 4 298089089 196707068



1) Leave Encashmeut

2) Gratuity

2543261

48980

2271158

4637074

TOTAL 5 7441357 690823~











TOTAL 6 364532197 368569847

Trade Payable 7 40630462 42385877

TOTAL 7 4O63046~ 42385877




(C) Other Paybles








Others 23380404 14179764

TOTAL 8 145621725 15s470577





(0) Others



TOTAL 871906 2409971

Asscts





TOTAL 11 10000000 10000000

9









-

11gt

I

J



IN TANGIBLE ASSETS


ComputerParticulars

Software


Additions

Deletions





Additions

Deletions




Additions


177460

110799

7407

295666 110799

406465




Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)














p4 (dJ-~~



3













4




relates Maharashtra



AY 2008-09 i

AY 2009-10 shy
















6
















1






Opinion





2












3 6912101 2414928 4497173

10169284 6636732 3532552

43650000

43650000

182459040 6759192

175699848

78279098 7569552

70709516

4898096 2543261

307004 564902

8313263

23365916 218353

2315702 11158816 10109751

516866 2019042

27984803 30520711 40630462


1976587 2315702 1460655 9698161

15451105


477384 477384 954768


13 1396200

103971 251903 131365

1609424 3492863


Other assets 9


5400000 5000000

250000 10650000


199096532

Deposits


3451113 748798

4650000 4650000

13499911

Bank Balance 16


10000 1571585 1849759

987744 725855

45803 5131

13649 2055358 7264886


MARCH 2016


SALE PRODUCT


Total

2469919308 302173572


TOTAL 2684230143

SALES OF SERVICE


6215925 91039451 15631808


TOTAL 113628535

SALES OF PARTS


53375660 7169671

24317753 6242890

181651711 1



TOTAL 3082754263

I

OTHER EXPENSES


TOTAL

OFFICE MAINTAINCE


TOTAL

REPAIRS TO OTHERS


TOTAL

TRAVELLING EXP


TOTAL

WORKSHOP EXPENSES


TOTAL

23

177718 20270740

7506000 2920680 2800000

33675138

7506000

347116 1005150

35956 1316310

1109223 2968978

784087 4862288

835660 1318790

312673 2467123

1389148 454827

33088884 34932859

~I

OTHER INCOME 18



TOTAL OTHER 5691776

TOTAL 81198104


TOTAL 2455886313



TOTAL 13580443



TOTAL 4128786

--- -- -~-- -------~------~ --shy

t



TOTAL



TOTAL

INVENTORY

CAR SPARE PARTS

TOTAL

1132922 13593

720298 1107344

42110 5180032

20000 173412

8978953 1120492 1506951

242228 504974 63680

317000 8528 2500

92724 77652

9251 21296142

1699285

24107737 2519028

35527847 5772404 5368490 4278891 2418345

79992742

120446814 26184928

146631742

-_T- A





ALTIS 10 1350062 13500621 2 1$4952 2459904 12 15970525 38677327


CorrolaOld 906746 2720238 - 3 2720238 2720238

Etios 16 73504 11772065 9 618033 5554301 25 17334366 19580922

Etios Cross 8 630267 5042138 - 8 5C42138 4781224

EtiosLiva 2 520263 6243155 8 513390 4117118 2D 10350273 18502936

Fortuner 11 2041873 22460608 2 1906m 3813942 26274550 23758948

Innova 2 1116518shy 26796424 5 1019-614 5098071 29 31894495 52713524

Land Crusier 1 3866497 3866497 - 1 3866497 3866497

Quiligt 2 541613 1083226 2 U83226 1083226

Prious - - - - - -TOTAL 90 13679762 99395478 26 5292960 21051336 116 120446814 186960138



AMOUNT AMOUNT





Loadp_ - 2115446


TOTAL 26l51B36 25999419


TOTAL 26184928 26576812


TOTAL 26184928 Z7568712





(a) Share Capital 2 70000000 70000000


Total (66365363) 18194772




Total 305530446 203615300



(b) Trade Payable 7 40630462 42385877



Total 551656290 571836272

TOTAL 790821373 793646344

II Asset









10

10

11

12

13

14

107227606

701525

10000000

253909090

18105

122594942

812324

10000000

187781072

14094

Total 371856326 321~202432

2 Current A5set5

(a) Inventories





15

16

17

18

19

146631742

257727292

8071279

2330409

4204326

214529160

211615543

38716068

2685032

4898109

Total 418965047 47443912

TOTAl 790821373 793646344











ltydh~~ ~lt~~





][ Other Income 21 81198704 68298245


IV Expenses



Finance Costs


Other Expenses


IV Total Expenses

22 2455886373

23 67897418

24 81692027

25 83242093

26 540714511

27 19080679

3248513101

2785797322

(83469935)

68704837

79990196

551015676

17627479




X Tax Expense


b) Current Tax o












Director

DIN 00332465

Managing Director

DIN 00015384

Lt~ Partner


Place Mumbai

Date 16052016





2016 Rupees (84560135)


Rup~s

(27758801)


1107344 19080679

(24847418) 81692027 (7327503)

477816 17627479

(19019677) 68704837 40031654


(46111749) 67897418 (1755415) (9482716)

(65083623)

(37278320) (83469935)

2634180 29971926

(35188175)



(54536085)

(6186358S)

1123330324)

(83298670)


(10194886) 5485000

24647418

(58471698) 840000

19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)



(30644789) (1643403)


38716088 8071279

40373565 38730162

(30644789) (1643403)







Varun Somani


~



NOTES ON ACCOUNTS









f

d) Depreciation









i) Operating Leases


j) Impairment






G




No

Share Capital 2







Total 70000000 70000000














TOTAL 2 70000000





Closing Balance 3 (136365363) (51805228)

1

Long Telm Borrowing

Secured Loan

4



4497173 7610693




3532552 62712


Unsecured Loans





43650000

175699848 182825139

TOTAL 4 298089089 196707068



1) Leave Encashmeut

2) Gratuity

2543261

48980

2271158

4637074

TOTAL 5 7441357 690823~











TOTAL 6 364532197 368569847

Trade Payable 7 40630462 42385877

TOTAL 7 4O63046~ 42385877




(C) Other Paybles








Others 23380404 14179764

TOTAL 8 145621725 15s470577





(0) Others



TOTAL 871906 2409971

Asscts





TOTAL 11 10000000 10000000

9









-

11gt

I

J



IN TANGIBLE ASSETS


ComputerParticulars

Software


Additions

Deletions





Additions

Deletions




Additions


177460

110799

7407

295666 110799

406465




Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)



















4




relates Maharashtra



AY 2008-09 i

AY 2009-10 shy
















6
















1






Opinion





2












3 6912101 2414928 4497173

10169284 6636732 3532552

43650000

43650000

182459040 6759192

175699848

78279098 7569552

70709516

4898096 2543261

307004 564902

8313263

23365916 218353

2315702 11158816 10109751

516866 2019042

27984803 30520711 40630462


1976587 2315702 1460655 9698161

15451105


477384 477384 954768


13 1396200

103971 251903 131365

1609424 3492863


Other assets 9


5400000 5000000

250000 10650000


199096532

Deposits


3451113 748798

4650000 4650000

13499911

Bank Balance 16


10000 1571585 1849759

987744 725855

45803 5131

13649 2055358 7264886


MARCH 2016


SALE PRODUCT


Total

2469919308 302173572


TOTAL 2684230143

SALES OF SERVICE


6215925 91039451 15631808


TOTAL 113628535

SALES OF PARTS


53375660 7169671

24317753 6242890

181651711 1



TOTAL 3082754263

I

OTHER EXPENSES


TOTAL

OFFICE MAINTAINCE


TOTAL

REPAIRS TO OTHERS


TOTAL

TRAVELLING EXP


TOTAL

WORKSHOP EXPENSES


TOTAL

23

177718 20270740

7506000 2920680 2800000

33675138

7506000

347116 1005150

35956 1316310

1109223 2968978

784087 4862288

835660 1318790

312673 2467123

1389148 454827

33088884 34932859

~I

OTHER INCOME 18



TOTAL OTHER 5691776

TOTAL 81198104


TOTAL 2455886313



TOTAL 13580443



TOTAL 4128786

--- -- -~-- -------~------~ --shy

t



TOTAL



TOTAL

INVENTORY

CAR SPARE PARTS

TOTAL

1132922 13593

720298 1107344

42110 5180032

20000 173412

8978953 1120492 1506951

242228 504974 63680

317000 8528 2500

92724 77652

9251 21296142

1699285

24107737 2519028

35527847 5772404 5368490 4278891 2418345

79992742

120446814 26184928

146631742

-_T- A





ALTIS 10 1350062 13500621 2 1$4952 2459904 12 15970525 38677327


CorrolaOld 906746 2720238 - 3 2720238 2720238

Etios 16 73504 11772065 9 618033 5554301 25 17334366 19580922

Etios Cross 8 630267 5042138 - 8 5C42138 4781224

EtiosLiva 2 520263 6243155 8 513390 4117118 2D 10350273 18502936

Fortuner 11 2041873 22460608 2 1906m 3813942 26274550 23758948

Innova 2 1116518shy 26796424 5 1019-614 5098071 29 31894495 52713524

Land Crusier 1 3866497 3866497 - 1 3866497 3866497

Quiligt 2 541613 1083226 2 U83226 1083226

Prious - - - - - -TOTAL 90 13679762 99395478 26 5292960 21051336 116 120446814 186960138



AMOUNT AMOUNT





Loadp_ - 2115446


TOTAL 26l51B36 25999419


TOTAL 26184928 26576812


TOTAL 26184928 Z7568712





(a) Share Capital 2 70000000 70000000


Total (66365363) 18194772




Total 305530446 203615300



(b) Trade Payable 7 40630462 42385877



Total 551656290 571836272

TOTAL 790821373 793646344

II Asset









10

10

11

12

13

14

107227606

701525

10000000

253909090

18105

122594942

812324

10000000

187781072

14094

Total 371856326 321~202432

2 Current A5set5

(a) Inventories





15

16

17

18

19

146631742

257727292

8071279

2330409

4204326

214529160

211615543

38716068

2685032

4898109

Total 418965047 47443912

TOTAl 790821373 793646344











ltydh~~ ~lt~~





][ Other Income 21 81198704 68298245


IV Expenses



Finance Costs


Other Expenses


IV Total Expenses

22 2455886373

23 67897418

24 81692027

25 83242093

26 540714511

27 19080679

3248513101

2785797322

(83469935)

68704837

79990196

551015676

17627479




X Tax Expense


b) Current Tax o












Director

DIN 00332465

Managing Director

DIN 00015384

Lt~ Partner


Place Mumbai

Date 16052016





2016 Rupees (84560135)


Rup~s

(27758801)


1107344 19080679

(24847418) 81692027 (7327503)

477816 17627479

(19019677) 68704837 40031654


(46111749) 67897418 (1755415) (9482716)

(65083623)

(37278320) (83469935)

2634180 29971926

(35188175)



(54536085)

(6186358S)

1123330324)

(83298670)


(10194886) 5485000

24647418

(58471698) 840000

19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)



(30644789) (1643403)


38716088 8071279

40373565 38730162

(30644789) (1643403)







Varun Somani


~



NOTES ON ACCOUNTS









f

d) Depreciation









i) Operating Leases


j) Impairment






G




No

Share Capital 2







Total 70000000 70000000














TOTAL 2 70000000





Closing Balance 3 (136365363) (51805228)

1

Long Telm Borrowing

Secured Loan

4



4497173 7610693




3532552 62712


Unsecured Loans





43650000

175699848 182825139

TOTAL 4 298089089 196707068



1) Leave Encashmeut

2) Gratuity

2543261

48980

2271158

4637074

TOTAL 5 7441357 690823~











TOTAL 6 364532197 368569847

Trade Payable 7 40630462 42385877

TOTAL 7 4O63046~ 42385877




(C) Other Paybles








Others 23380404 14179764

TOTAL 8 145621725 15s470577





(0) Others



TOTAL 871906 2409971

Asscts





TOTAL 11 10000000 10000000

9









-

11gt

I

J



IN TANGIBLE ASSETS


ComputerParticulars

Software


Additions

Deletions





Additions

Deletions




Additions


177460

110799

7407

295666 110799

406465




Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)










relates Maharashtra



AY 2008-09 i

AY 2009-10 shy
















6
















1






Opinion





2












3 6912101 2414928 4497173

10169284 6636732 3532552

43650000

43650000

182459040 6759192

175699848

78279098 7569552

70709516

4898096 2543261

307004 564902

8313263

23365916 218353

2315702 11158816 10109751

516866 2019042

27984803 30520711 40630462


1976587 2315702 1460655 9698161

15451105


477384 477384 954768


13 1396200

103971 251903 131365

1609424 3492863


Other assets 9


5400000 5000000

250000 10650000


199096532

Deposits


3451113 748798

4650000 4650000

13499911

Bank Balance 16


10000 1571585 1849759

987744 725855

45803 5131

13649 2055358 7264886


MARCH 2016


SALE PRODUCT


Total

2469919308 302173572


TOTAL 2684230143

SALES OF SERVICE


6215925 91039451 15631808


TOTAL 113628535

SALES OF PARTS


53375660 7169671

24317753 6242890

181651711 1



TOTAL 3082754263

I

OTHER EXPENSES


TOTAL

OFFICE MAINTAINCE


TOTAL

REPAIRS TO OTHERS


TOTAL

TRAVELLING EXP


TOTAL

WORKSHOP EXPENSES


TOTAL

23

177718 20270740

7506000 2920680 2800000

33675138

7506000

347116 1005150

35956 1316310

1109223 2968978

784087 4862288

835660 1318790

312673 2467123

1389148 454827

33088884 34932859

~I

OTHER INCOME 18



TOTAL OTHER 5691776

TOTAL 81198104


TOTAL 2455886313



TOTAL 13580443



TOTAL 4128786

--- -- -~-- -------~------~ --shy

t



TOTAL



TOTAL

INVENTORY

CAR SPARE PARTS

TOTAL

1132922 13593

720298 1107344

42110 5180032

20000 173412

8978953 1120492 1506951

242228 504974 63680

317000 8528 2500

92724 77652

9251 21296142

1699285

24107737 2519028

35527847 5772404 5368490 4278891 2418345

79992742

120446814 26184928

146631742

-_T- A





ALTIS 10 1350062 13500621 2 1$4952 2459904 12 15970525 38677327


CorrolaOld 906746 2720238 - 3 2720238 2720238

Etios 16 73504 11772065 9 618033 5554301 25 17334366 19580922

Etios Cross 8 630267 5042138 - 8 5C42138 4781224

EtiosLiva 2 520263 6243155 8 513390 4117118 2D 10350273 18502936

Fortuner 11 2041873 22460608 2 1906m 3813942 26274550 23758948

Innova 2 1116518shy 26796424 5 1019-614 5098071 29 31894495 52713524

Land Crusier 1 3866497 3866497 - 1 3866497 3866497

Quiligt 2 541613 1083226 2 U83226 1083226

Prious - - - - - -TOTAL 90 13679762 99395478 26 5292960 21051336 116 120446814 186960138



AMOUNT AMOUNT





Loadp_ - 2115446


TOTAL 26l51B36 25999419


TOTAL 26184928 26576812


TOTAL 26184928 Z7568712





(a) Share Capital 2 70000000 70000000


Total (66365363) 18194772




Total 305530446 203615300



(b) Trade Payable 7 40630462 42385877



Total 551656290 571836272

TOTAL 790821373 793646344

II Asset









10

10

11

12

13

14

107227606

701525

10000000

253909090

18105

122594942

812324

10000000

187781072

14094

Total 371856326 321~202432

2 Current A5set5

(a) Inventories





15

16

17

18

19

146631742

257727292

8071279

2330409

4204326

214529160

211615543

38716068

2685032

4898109

Total 418965047 47443912

TOTAl 790821373 793646344











ltydh~~ ~lt~~





][ Other Income 21 81198704 68298245


IV Expenses



Finance Costs


Other Expenses


IV Total Expenses

22 2455886373

23 67897418

24 81692027

25 83242093

26 540714511

27 19080679

3248513101

2785797322

(83469935)

68704837

79990196

551015676

17627479




X Tax Expense


b) Current Tax o












Director

DIN 00332465

Managing Director

DIN 00015384

Lt~ Partner


Place Mumbai

Date 16052016





2016 Rupees (84560135)


Rup~s

(27758801)


1107344 19080679

(24847418) 81692027 (7327503)

477816 17627479

(19019677) 68704837 40031654


(46111749) 67897418 (1755415) (9482716)

(65083623)

(37278320) (83469935)

2634180 29971926

(35188175)



(54536085)

(6186358S)

1123330324)

(83298670)


(10194886) 5485000

24647418

(58471698) 840000

19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)



(30644789) (1643403)


38716088 8071279

40373565 38730162

(30644789) (1643403)







Varun Somani


~



NOTES ON ACCOUNTS









f

d) Depreciation









i) Operating Leases


j) Impairment






G




No

Share Capital 2







Total 70000000 70000000














TOTAL 2 70000000





Closing Balance 3 (136365363) (51805228)

1

Long Telm Borrowing

Secured Loan

4



4497173 7610693




3532552 62712


Unsecured Loans





43650000

175699848 182825139

TOTAL 4 298089089 196707068



1) Leave Encashmeut

2) Gratuity

2543261

48980

2271158

4637074

TOTAL 5 7441357 690823~











TOTAL 6 364532197 368569847

Trade Payable 7 40630462 42385877

TOTAL 7 4O63046~ 42385877




(C) Other Paybles








Others 23380404 14179764

TOTAL 8 145621725 15s470577





(0) Others



TOTAL 871906 2409971

Asscts





TOTAL 11 10000000 10000000

9









-

11gt

I

J



IN TANGIBLE ASSETS


ComputerParticulars

Software


Additions

Deletions





Additions

Deletions




Additions


177460

110799

7407

295666 110799

406465




Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)













6
















1






Opinion





2












3 6912101 2414928 4497173

10169284 6636732 3532552

43650000

43650000

182459040 6759192

175699848

78279098 7569552

70709516

4898096 2543261

307004 564902

8313263

23365916 218353

2315702 11158816 10109751

516866 2019042

27984803 30520711 40630462


1976587 2315702 1460655 9698161

15451105


477384 477384 954768


13 1396200

103971 251903 131365

1609424 3492863


Other assets 9


5400000 5000000

250000 10650000


199096532

Deposits


3451113 748798

4650000 4650000

13499911

Bank Balance 16


10000 1571585 1849759

987744 725855

45803 5131

13649 2055358 7264886


MARCH 2016


SALE PRODUCT


Total

2469919308 302173572


TOTAL 2684230143

SALES OF SERVICE


6215925 91039451 15631808


TOTAL 113628535

SALES OF PARTS


53375660 7169671

24317753 6242890

181651711 1



TOTAL 3082754263

I

OTHER EXPENSES


TOTAL

OFFICE MAINTAINCE


TOTAL

REPAIRS TO OTHERS


TOTAL

TRAVELLING EXP


TOTAL

WORKSHOP EXPENSES


TOTAL

23

177718 20270740

7506000 2920680 2800000

33675138

7506000

347116 1005150

35956 1316310

1109223 2968978

784087 4862288

835660 1318790

312673 2467123

1389148 454827

33088884 34932859

~I

OTHER INCOME 18



TOTAL OTHER 5691776

TOTAL 81198104


TOTAL 2455886313



TOTAL 13580443



TOTAL 4128786

--- -- -~-- -------~------~ --shy

t



TOTAL



TOTAL

INVENTORY

CAR SPARE PARTS

TOTAL

1132922 13593

720298 1107344

42110 5180032

20000 173412

8978953 1120492 1506951

242228 504974 63680

317000 8528 2500

92724 77652

9251 21296142

1699285

24107737 2519028

35527847 5772404 5368490 4278891 2418345

79992742

120446814 26184928

146631742

-_T- A





ALTIS 10 1350062 13500621 2 1$4952 2459904 12 15970525 38677327


CorrolaOld 906746 2720238 - 3 2720238 2720238

Etios 16 73504 11772065 9 618033 5554301 25 17334366 19580922

Etios Cross 8 630267 5042138 - 8 5C42138 4781224

EtiosLiva 2 520263 6243155 8 513390 4117118 2D 10350273 18502936

Fortuner 11 2041873 22460608 2 1906m 3813942 26274550 23758948

Innova 2 1116518shy 26796424 5 1019-614 5098071 29 31894495 52713524

Land Crusier 1 3866497 3866497 - 1 3866497 3866497

Quiligt 2 541613 1083226 2 U83226 1083226

Prious - - - - - -TOTAL 90 13679762 99395478 26 5292960 21051336 116 120446814 186960138



AMOUNT AMOUNT





Loadp_ - 2115446


TOTAL 26l51B36 25999419


TOTAL 26184928 26576812


TOTAL 26184928 Z7568712





(a) Share Capital 2 70000000 70000000


Total (66365363) 18194772




Total 305530446 203615300



(b) Trade Payable 7 40630462 42385877



Total 551656290 571836272

TOTAL 790821373 793646344

II Asset









10

10

11

12

13

14

107227606

701525

10000000

253909090

18105

122594942

812324

10000000

187781072

14094

Total 371856326 321~202432

2 Current A5set5

(a) Inventories





15

16

17

18

19

146631742

257727292

8071279

2330409

4204326

214529160

211615543

38716068

2685032

4898109

Total 418965047 47443912

TOTAl 790821373 793646344











ltydh~~ ~lt~~





][ Other Income 21 81198704 68298245


IV Expenses



Finance Costs


Other Expenses


IV Total Expenses

22 2455886373

23 67897418

24 81692027

25 83242093

26 540714511

27 19080679

3248513101

2785797322

(83469935)

68704837

79990196

551015676

17627479




X Tax Expense


b) Current Tax o












Director

DIN 00332465

Managing Director

DIN 00015384

Lt~ Partner


Place Mumbai

Date 16052016





2016 Rupees (84560135)


Rup~s

(27758801)


1107344 19080679

(24847418) 81692027 (7327503)

477816 17627479

(19019677) 68704837 40031654


(46111749) 67897418 (1755415) (9482716)

(65083623)

(37278320) (83469935)

2634180 29971926

(35188175)



(54536085)

(6186358S)

1123330324)

(83298670)


(10194886) 5485000

24647418

(58471698) 840000

19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)



(30644789) (1643403)


38716088 8071279

40373565 38730162

(30644789) (1643403)







Varun Somani


~



NOTES ON ACCOUNTS









f

d) Depreciation









i) Operating Leases


j) Impairment






G




No

Share Capital 2







Total 70000000 70000000














TOTAL 2 70000000





Closing Balance 3 (136365363) (51805228)

1

Long Telm Borrowing

Secured Loan

4



4497173 7610693




3532552 62712


Unsecured Loans





43650000

175699848 182825139

TOTAL 4 298089089 196707068



1) Leave Encashmeut

2) Gratuity

2543261

48980

2271158

4637074

TOTAL 5 7441357 690823~











TOTAL 6 364532197 368569847

Trade Payable 7 40630462 42385877

TOTAL 7 4O63046~ 42385877




(C) Other Paybles








Others 23380404 14179764

TOTAL 8 145621725 15s470577





(0) Others



TOTAL 871906 2409971

Asscts





TOTAL 11 10000000 10000000

9









-

11gt

I

J



IN TANGIBLE ASSETS


ComputerParticulars

Software


Additions

Deletions





Additions

Deletions




Additions


177460

110799

7407

295666 110799

406465




Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)






















1






Opinion





2












3 6912101 2414928 4497173

10169284 6636732 3532552

43650000

43650000

182459040 6759192

175699848

78279098 7569552

70709516

4898096 2543261

307004 564902

8313263

23365916 218353

2315702 11158816 10109751

516866 2019042

27984803 30520711 40630462


1976587 2315702 1460655 9698161

15451105


477384 477384 954768


13 1396200

103971 251903 131365

1609424 3492863


Other assets 9


5400000 5000000

250000 10650000


199096532

Deposits


3451113 748798

4650000 4650000

13499911

Bank Balance 16


10000 1571585 1849759

987744 725855

45803 5131

13649 2055358 7264886


MARCH 2016


SALE PRODUCT


Total

2469919308 302173572


TOTAL 2684230143

SALES OF SERVICE


6215925 91039451 15631808


TOTAL 113628535

SALES OF PARTS


53375660 7169671

24317753 6242890

181651711 1



TOTAL 3082754263

I

OTHER EXPENSES


TOTAL

OFFICE MAINTAINCE


TOTAL

REPAIRS TO OTHERS


TOTAL

TRAVELLING EXP


TOTAL

WORKSHOP EXPENSES


TOTAL

23

177718 20270740

7506000 2920680 2800000

33675138

7506000

347116 1005150

35956 1316310

1109223 2968978

784087 4862288

835660 1318790

312673 2467123

1389148 454827

33088884 34932859

~I

OTHER INCOME 18



TOTAL OTHER 5691776

TOTAL 81198104


TOTAL 2455886313



TOTAL 13580443



TOTAL 4128786

--- -- -~-- -------~------~ --shy

t



TOTAL



TOTAL

INVENTORY

CAR SPARE PARTS

TOTAL

1132922 13593

720298 1107344

42110 5180032

20000 173412

8978953 1120492 1506951

242228 504974 63680

317000 8528 2500

92724 77652

9251 21296142

1699285

24107737 2519028

35527847 5772404 5368490 4278891 2418345

79992742

120446814 26184928

146631742

-_T- A





ALTIS 10 1350062 13500621 2 1$4952 2459904 12 15970525 38677327


CorrolaOld 906746 2720238 - 3 2720238 2720238

Etios 16 73504 11772065 9 618033 5554301 25 17334366 19580922

Etios Cross 8 630267 5042138 - 8 5C42138 4781224

EtiosLiva 2 520263 6243155 8 513390 4117118 2D 10350273 18502936

Fortuner 11 2041873 22460608 2 1906m 3813942 26274550 23758948

Innova 2 1116518shy 26796424 5 1019-614 5098071 29 31894495 52713524

Land Crusier 1 3866497 3866497 - 1 3866497 3866497

Quiligt 2 541613 1083226 2 U83226 1083226

Prious - - - - - -TOTAL 90 13679762 99395478 26 5292960 21051336 116 120446814 186960138



AMOUNT AMOUNT





Loadp_ - 2115446


TOTAL 26l51B36 25999419


TOTAL 26184928 26576812


TOTAL 26184928 Z7568712





(a) Share Capital 2 70000000 70000000


Total (66365363) 18194772




Total 305530446 203615300



(b) Trade Payable 7 40630462 42385877



Total 551656290 571836272

TOTAL 790821373 793646344

II Asset









10

10

11

12

13

14

107227606

701525

10000000

253909090

18105

122594942

812324

10000000

187781072

14094

Total 371856326 321~202432

2 Current A5set5

(a) Inventories





15

16

17

18

19

146631742

257727292

8071279

2330409

4204326

214529160

211615543

38716068

2685032

4898109

Total 418965047 47443912

TOTAl 790821373 793646344











ltydh~~ ~lt~~





][ Other Income 21 81198704 68298245


IV Expenses



Finance Costs


Other Expenses


IV Total Expenses

22 2455886373

23 67897418

24 81692027

25 83242093

26 540714511

27 19080679

3248513101

2785797322

(83469935)

68704837

79990196

551015676

17627479




X Tax Expense


b) Current Tax o












Director

DIN 00332465

Managing Director

DIN 00015384

Lt~ Partner


Place Mumbai

Date 16052016





2016 Rupees (84560135)


Rup~s

(27758801)


1107344 19080679

(24847418) 81692027 (7327503)

477816 17627479

(19019677) 68704837 40031654


(46111749) 67897418 (1755415) (9482716)

(65083623)

(37278320) (83469935)

2634180 29971926

(35188175)



(54536085)

(6186358S)

1123330324)

(83298670)


(10194886) 5485000

24647418

(58471698) 840000

19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)



(30644789) (1643403)


38716088 8071279

40373565 38730162

(30644789) (1643403)







Varun Somani


~



NOTES ON ACCOUNTS









f

d) Depreciation









i) Operating Leases


j) Impairment






G




No

Share Capital 2







Total 70000000 70000000














TOTAL 2 70000000





Closing Balance 3 (136365363) (51805228)

1

Long Telm Borrowing

Secured Loan

4



4497173 7610693




3532552 62712


Unsecured Loans





43650000

175699848 182825139

TOTAL 4 298089089 196707068



1) Leave Encashmeut

2) Gratuity

2543261

48980

2271158

4637074

TOTAL 5 7441357 690823~











TOTAL 6 364532197 368569847

Trade Payable 7 40630462 42385877

TOTAL 7 4O63046~ 42385877




(C) Other Paybles








Others 23380404 14179764

TOTAL 8 145621725 15s470577





(0) Others



TOTAL 871906 2409971

Asscts





TOTAL 11 10000000 10000000

9









-

11gt

I

J



IN TANGIBLE ASSETS


ComputerParticulars

Software


Additions

Deletions





Additions

Deletions




Additions


177460

110799

7407

295666 110799

406465




Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)












Opinion





2












3 6912101 2414928 4497173

10169284 6636732 3532552

43650000

43650000

182459040 6759192

175699848

78279098 7569552

70709516

4898096 2543261

307004 564902

8313263

23365916 218353

2315702 11158816 10109751

516866 2019042

27984803 30520711 40630462


1976587 2315702 1460655 9698161

15451105


477384 477384 954768


13 1396200

103971 251903 131365

1609424 3492863


Other assets 9


5400000 5000000

250000 10650000


199096532

Deposits


3451113 748798

4650000 4650000

13499911

Bank Balance 16


10000 1571585 1849759

987744 725855

45803 5131

13649 2055358 7264886


MARCH 2016


SALE PRODUCT


Total

2469919308 302173572


TOTAL 2684230143

SALES OF SERVICE


6215925 91039451 15631808


TOTAL 113628535

SALES OF PARTS


53375660 7169671

24317753 6242890

181651711 1



TOTAL 3082754263

I

OTHER EXPENSES


TOTAL

OFFICE MAINTAINCE


TOTAL

REPAIRS TO OTHERS


TOTAL

TRAVELLING EXP


TOTAL

WORKSHOP EXPENSES


TOTAL

23

177718 20270740

7506000 2920680 2800000

33675138

7506000

347116 1005150

35956 1316310

1109223 2968978

784087 4862288

835660 1318790

312673 2467123

1389148 454827

33088884 34932859

~I

OTHER INCOME 18



TOTAL OTHER 5691776

TOTAL 81198104


TOTAL 2455886313



TOTAL 13580443



TOTAL 4128786

--- -- -~-- -------~------~ --shy

t



TOTAL



TOTAL

INVENTORY

CAR SPARE PARTS

TOTAL

1132922 13593

720298 1107344

42110 5180032

20000 173412

8978953 1120492 1506951

242228 504974 63680

317000 8528 2500

92724 77652

9251 21296142

1699285

24107737 2519028

35527847 5772404 5368490 4278891 2418345

79992742

120446814 26184928

146631742

-_T- A





ALTIS 10 1350062 13500621 2 1$4952 2459904 12 15970525 38677327


CorrolaOld 906746 2720238 - 3 2720238 2720238

Etios 16 73504 11772065 9 618033 5554301 25 17334366 19580922

Etios Cross 8 630267 5042138 - 8 5C42138 4781224

EtiosLiva 2 520263 6243155 8 513390 4117118 2D 10350273 18502936

Fortuner 11 2041873 22460608 2 1906m 3813942 26274550 23758948

Innova 2 1116518shy 26796424 5 1019-614 5098071 29 31894495 52713524

Land Crusier 1 3866497 3866497 - 1 3866497 3866497

Quiligt 2 541613 1083226 2 U83226 1083226

Prious - - - - - -TOTAL 90 13679762 99395478 26 5292960 21051336 116 120446814 186960138



AMOUNT AMOUNT





Loadp_ - 2115446


TOTAL 26l51B36 25999419


TOTAL 26184928 26576812


TOTAL 26184928 Z7568712





(a) Share Capital 2 70000000 70000000


Total (66365363) 18194772




Total 305530446 203615300



(b) Trade Payable 7 40630462 42385877



Total 551656290 571836272

TOTAL 790821373 793646344

II Asset









10

10

11

12

13

14

107227606

701525

10000000

253909090

18105

122594942

812324

10000000

187781072

14094

Total 371856326 321~202432

2 Current A5set5

(a) Inventories





15

16

17

18

19

146631742

257727292

8071279

2330409

4204326

214529160

211615543

38716068

2685032

4898109

Total 418965047 47443912

TOTAl 790821373 793646344











ltydh~~ ~lt~~





][ Other Income 21 81198704 68298245


IV Expenses



Finance Costs


Other Expenses


IV Total Expenses

22 2455886373

23 67897418

24 81692027

25 83242093

26 540714511

27 19080679

3248513101

2785797322

(83469935)

68704837

79990196

551015676

17627479




X Tax Expense


b) Current Tax o












Director

DIN 00332465

Managing Director

DIN 00015384

Lt~ Partner


Place Mumbai

Date 16052016





2016 Rupees (84560135)


Rup~s

(27758801)


1107344 19080679

(24847418) 81692027 (7327503)

477816 17627479

(19019677) 68704837 40031654


(46111749) 67897418 (1755415) (9482716)

(65083623)

(37278320) (83469935)

2634180 29971926

(35188175)



(54536085)

(6186358S)

1123330324)

(83298670)


(10194886) 5485000

24647418

(58471698) 840000

19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)



(30644789) (1643403)


38716088 8071279

40373565 38730162

(30644789) (1643403)







Varun Somani


~



NOTES ON ACCOUNTS









f

d) Depreciation









i) Operating Leases


j) Impairment






G




No

Share Capital 2







Total 70000000 70000000














TOTAL 2 70000000





Closing Balance 3 (136365363) (51805228)

1

Long Telm Borrowing

Secured Loan

4



4497173 7610693




3532552 62712


Unsecured Loans





43650000

175699848 182825139

TOTAL 4 298089089 196707068



1) Leave Encashmeut

2) Gratuity

2543261

48980

2271158

4637074

TOTAL 5 7441357 690823~











TOTAL 6 364532197 368569847

Trade Payable 7 40630462 42385877

TOTAL 7 4O63046~ 42385877




(C) Other Paybles








Others 23380404 14179764

TOTAL 8 145621725 15s470577





(0) Others



TOTAL 871906 2409971

Asscts





TOTAL 11 10000000 10000000

9









-

11gt

I

J



IN TANGIBLE ASSETS


ComputerParticulars

Software


Additions

Deletions





Additions

Deletions




Additions


177460

110799

7407

295666 110799

406465




Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)


















3 6912101 2414928 4497173

10169284 6636732 3532552

43650000

43650000

182459040 6759192

175699848

78279098 7569552

70709516

4898096 2543261

307004 564902

8313263

23365916 218353

2315702 11158816 10109751

516866 2019042

27984803 30520711 40630462


1976587 2315702 1460655 9698161

15451105


477384 477384 954768


13 1396200

103971 251903 131365

1609424 3492863


Other assets 9


5400000 5000000

250000 10650000


199096532

Deposits


3451113 748798

4650000 4650000

13499911

Bank Balance 16


10000 1571585 1849759

987744 725855

45803 5131

13649 2055358 7264886


MARCH 2016


SALE PRODUCT


Total

2469919308 302173572


TOTAL 2684230143

SALES OF SERVICE


6215925 91039451 15631808


TOTAL 113628535

SALES OF PARTS


53375660 7169671

24317753 6242890

181651711 1



TOTAL 3082754263

I

OTHER EXPENSES


TOTAL

OFFICE MAINTAINCE


TOTAL

REPAIRS TO OTHERS


TOTAL

TRAVELLING EXP


TOTAL

WORKSHOP EXPENSES


TOTAL

23

177718 20270740

7506000 2920680 2800000

33675138

7506000

347116 1005150

35956 1316310

1109223 2968978

784087 4862288

835660 1318790

312673 2467123

1389148 454827

33088884 34932859

~I

OTHER INCOME 18



TOTAL OTHER 5691776

TOTAL 81198104


TOTAL 2455886313



TOTAL 13580443



TOTAL 4128786

--- -- -~-- -------~------~ --shy

t



TOTAL



TOTAL

INVENTORY

CAR SPARE PARTS

TOTAL

1132922 13593

720298 1107344

42110 5180032

20000 173412

8978953 1120492 1506951

242228 504974 63680

317000 8528 2500

92724 77652

9251 21296142

1699285

24107737 2519028

35527847 5772404 5368490 4278891 2418345

79992742

120446814 26184928

146631742

-_T- A





ALTIS 10 1350062 13500621 2 1$4952 2459904 12 15970525 38677327


CorrolaOld 906746 2720238 - 3 2720238 2720238

Etios 16 73504 11772065 9 618033 5554301 25 17334366 19580922

Etios Cross 8 630267 5042138 - 8 5C42138 4781224

EtiosLiva 2 520263 6243155 8 513390 4117118 2D 10350273 18502936

Fortuner 11 2041873 22460608 2 1906m 3813942 26274550 23758948

Innova 2 1116518shy 26796424 5 1019-614 5098071 29 31894495 52713524

Land Crusier 1 3866497 3866497 - 1 3866497 3866497

Quiligt 2 541613 1083226 2 U83226 1083226

Prious - - - - - -TOTAL 90 13679762 99395478 26 5292960 21051336 116 120446814 186960138



AMOUNT AMOUNT





Loadp_ - 2115446


TOTAL 26l51B36 25999419


TOTAL 26184928 26576812


TOTAL 26184928 Z7568712





(a) Share Capital 2 70000000 70000000


Total (66365363) 18194772




Total 305530446 203615300



(b) Trade Payable 7 40630462 42385877



Total 551656290 571836272

TOTAL 790821373 793646344

II Asset









10

10

11

12

13

14

107227606

701525

10000000

253909090

18105

122594942

812324

10000000

187781072

14094

Total 371856326 321~202432

2 Current A5set5

(a) Inventories





15

16

17

18

19

146631742

257727292

8071279

2330409

4204326

214529160

211615543

38716068

2685032

4898109

Total 418965047 47443912

TOTAl 790821373 793646344











ltydh~~ ~lt~~





][ Other Income 21 81198704 68298245


IV Expenses



Finance Costs


Other Expenses


IV Total Expenses

22 2455886373

23 67897418

24 81692027

25 83242093

26 540714511

27 19080679

3248513101

2785797322

(83469935)

68704837

79990196

551015676

17627479




X Tax Expense


b) Current Tax o












Director

DIN 00332465

Managing Director

DIN 00015384

Lt~ Partner


Place Mumbai

Date 16052016





2016 Rupees (84560135)


Rup~s

(27758801)


1107344 19080679

(24847418) 81692027 (7327503)

477816 17627479

(19019677) 68704837 40031654


(46111749) 67897418 (1755415) (9482716)

(65083623)

(37278320) (83469935)

2634180 29971926

(35188175)



(54536085)

(6186358S)

1123330324)

(83298670)


(10194886) 5485000

24647418

(58471698) 840000

19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)



(30644789) (1643403)


38716088 8071279

40373565 38730162

(30644789) (1643403)







Varun Somani


~



NOTES ON ACCOUNTS









f

d) Depreciation









i) Operating Leases


j) Impairment






G




No

Share Capital 2







Total 70000000 70000000














TOTAL 2 70000000





Closing Balance 3 (136365363) (51805228)

1

Long Telm Borrowing

Secured Loan

4



4497173 7610693




3532552 62712


Unsecured Loans





43650000

175699848 182825139

TOTAL 4 298089089 196707068



1) Leave Encashmeut

2) Gratuity

2543261

48980

2271158

4637074

TOTAL 5 7441357 690823~











TOTAL 6 364532197 368569847

Trade Payable 7 40630462 42385877

TOTAL 7 4O63046~ 42385877




(C) Other Paybles








Others 23380404 14179764

TOTAL 8 145621725 15s470577





(0) Others



TOTAL 871906 2409971

Asscts





TOTAL 11 10000000 10000000

9









-

11gt

I

J



IN TANGIBLE ASSETS


ComputerParticulars

Software


Additions

Deletions





Additions

Deletions




Additions


177460

110799

7407

295666 110799

406465




Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)








1976587 2315702 1460655 9698161

15451105


477384 477384 954768


13 1396200

103971 251903 131365

1609424 3492863


Other assets 9


5400000 5000000

250000 10650000


199096532

Deposits


3451113 748798

4650000 4650000

13499911

Bank Balance 16


10000 1571585 1849759

987744 725855

45803 5131

13649 2055358 7264886


MARCH 2016


SALE PRODUCT


Total

2469919308 302173572


TOTAL 2684230143

SALES OF SERVICE


6215925 91039451 15631808


TOTAL 113628535

SALES OF PARTS


53375660 7169671

24317753 6242890

181651711 1



TOTAL 3082754263

I

OTHER EXPENSES


TOTAL

OFFICE MAINTAINCE


TOTAL

REPAIRS TO OTHERS


TOTAL

TRAVELLING EXP


TOTAL

WORKSHOP EXPENSES


TOTAL

23

177718 20270740

7506000 2920680 2800000

33675138

7506000

347116 1005150

35956 1316310

1109223 2968978

784087 4862288

835660 1318790

312673 2467123

1389148 454827

33088884 34932859

~I

OTHER INCOME 18



TOTAL OTHER 5691776

TOTAL 81198104


TOTAL 2455886313



TOTAL 13580443



TOTAL 4128786

--- -- -~-- -------~------~ --shy

t



TOTAL



TOTAL

INVENTORY

CAR SPARE PARTS

TOTAL

1132922 13593

720298 1107344

42110 5180032

20000 173412

8978953 1120492 1506951

242228 504974 63680

317000 8528 2500

92724 77652

9251 21296142

1699285

24107737 2519028

35527847 5772404 5368490 4278891 2418345

79992742

120446814 26184928

146631742

-_T- A





ALTIS 10 1350062 13500621 2 1$4952 2459904 12 15970525 38677327


CorrolaOld 906746 2720238 - 3 2720238 2720238

Etios 16 73504 11772065 9 618033 5554301 25 17334366 19580922

Etios Cross 8 630267 5042138 - 8 5C42138 4781224

EtiosLiva 2 520263 6243155 8 513390 4117118 2D 10350273 18502936

Fortuner 11 2041873 22460608 2 1906m 3813942 26274550 23758948

Innova 2 1116518shy 26796424 5 1019-614 5098071 29 31894495 52713524

Land Crusier 1 3866497 3866497 - 1 3866497 3866497

Quiligt 2 541613 1083226 2 U83226 1083226

Prious - - - - - -TOTAL 90 13679762 99395478 26 5292960 21051336 116 120446814 186960138



AMOUNT AMOUNT





Loadp_ - 2115446


TOTAL 26l51B36 25999419


TOTAL 26184928 26576812


TOTAL 26184928 Z7568712





(a) Share Capital 2 70000000 70000000


Total (66365363) 18194772




Total 305530446 203615300



(b) Trade Payable 7 40630462 42385877



Total 551656290 571836272

TOTAL 790821373 793646344

II Asset









10

10

11

12

13

14

107227606

701525

10000000

253909090

18105

122594942

812324

10000000

187781072

14094

Total 371856326 321~202432

2 Current A5set5

(a) Inventories





15

16

17

18

19

146631742

257727292

8071279

2330409

4204326

214529160

211615543

38716068

2685032

4898109

Total 418965047 47443912

TOTAl 790821373 793646344











ltydh~~ ~lt~~





][ Other Income 21 81198704 68298245


IV Expenses



Finance Costs


Other Expenses


IV Total Expenses

22 2455886373

23 67897418

24 81692027

25 83242093

26 540714511

27 19080679

3248513101

2785797322

(83469935)

68704837

79990196

551015676

17627479




X Tax Expense


b) Current Tax o












Director

DIN 00332465

Managing Director

DIN 00015384

Lt~ Partner


Place Mumbai

Date 16052016





2016 Rupees (84560135)


Rup~s

(27758801)


1107344 19080679

(24847418) 81692027 (7327503)

477816 17627479

(19019677) 68704837 40031654


(46111749) 67897418 (1755415) (9482716)

(65083623)

(37278320) (83469935)

2634180 29971926

(35188175)



(54536085)

(6186358S)

1123330324)

(83298670)


(10194886) 5485000

24647418

(58471698) 840000

19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)



(30644789) (1643403)


38716088 8071279

40373565 38730162

(30644789) (1643403)







Varun Somani


~



NOTES ON ACCOUNTS









f

d) Depreciation









i) Operating Leases


j) Impairment






G




No

Share Capital 2







Total 70000000 70000000














TOTAL 2 70000000





Closing Balance 3 (136365363) (51805228)

1

Long Telm Borrowing

Secured Loan

4



4497173 7610693




3532552 62712


Unsecured Loans





43650000

175699848 182825139

TOTAL 4 298089089 196707068



1) Leave Encashmeut

2) Gratuity

2543261

48980

2271158

4637074

TOTAL 5 7441357 690823~











TOTAL 6 364532197 368569847

Trade Payable 7 40630462 42385877

TOTAL 7 4O63046~ 42385877




(C) Other Paybles








Others 23380404 14179764

TOTAL 8 145621725 15s470577





(0) Others



TOTAL 871906 2409971

Asscts





TOTAL 11 10000000 10000000

9









-

11gt

I

J



IN TANGIBLE ASSETS


ComputerParticulars

Software


Additions

Deletions





Additions

Deletions




Additions


177460

110799

7407

295666 110799

406465




Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)








MARCH 2016


SALE PRODUCT


Total

2469919308 302173572


TOTAL 2684230143

SALES OF SERVICE


6215925 91039451 15631808


TOTAL 113628535

SALES OF PARTS


53375660 7169671

24317753 6242890

181651711 1



TOTAL 3082754263

I

OTHER EXPENSES


TOTAL

OFFICE MAINTAINCE


TOTAL

REPAIRS TO OTHERS


TOTAL

TRAVELLING EXP


TOTAL

WORKSHOP EXPENSES


TOTAL

23

177718 20270740

7506000 2920680 2800000

33675138

7506000

347116 1005150

35956 1316310

1109223 2968978

784087 4862288

835660 1318790

312673 2467123

1389148 454827

33088884 34932859

~I

OTHER INCOME 18



TOTAL OTHER 5691776

TOTAL 81198104


TOTAL 2455886313



TOTAL 13580443



TOTAL 4128786

--- -- -~-- -------~------~ --shy

t



TOTAL



TOTAL

INVENTORY

CAR SPARE PARTS

TOTAL

1132922 13593

720298 1107344

42110 5180032

20000 173412

8978953 1120492 1506951

242228 504974 63680

317000 8528 2500

92724 77652

9251 21296142

1699285

24107737 2519028

35527847 5772404 5368490 4278891 2418345

79992742

120446814 26184928

146631742

-_T- A





ALTIS 10 1350062 13500621 2 1$4952 2459904 12 15970525 38677327


CorrolaOld 906746 2720238 - 3 2720238 2720238

Etios 16 73504 11772065 9 618033 5554301 25 17334366 19580922

Etios Cross 8 630267 5042138 - 8 5C42138 4781224

EtiosLiva 2 520263 6243155 8 513390 4117118 2D 10350273 18502936

Fortuner 11 2041873 22460608 2 1906m 3813942 26274550 23758948

Innova 2 1116518shy 26796424 5 1019-614 5098071 29 31894495 52713524

Land Crusier 1 3866497 3866497 - 1 3866497 3866497

Quiligt 2 541613 1083226 2 U83226 1083226

Prious - - - - - -TOTAL 90 13679762 99395478 26 5292960 21051336 116 120446814 186960138



AMOUNT AMOUNT





Loadp_ - 2115446


TOTAL 26l51B36 25999419


TOTAL 26184928 26576812


TOTAL 26184928 Z7568712





(a) Share Capital 2 70000000 70000000


Total (66365363) 18194772




Total 305530446 203615300



(b) Trade Payable 7 40630462 42385877



Total 551656290 571836272

TOTAL 790821373 793646344

II Asset









10

10

11

12

13

14

107227606

701525

10000000

253909090

18105

122594942

812324

10000000

187781072

14094

Total 371856326 321~202432

2 Current A5set5

(a) Inventories





15

16

17

18

19

146631742

257727292

8071279

2330409

4204326

214529160

211615543

38716068

2685032

4898109

Total 418965047 47443912

TOTAl 790821373 793646344











ltydh~~ ~lt~~





][ Other Income 21 81198704 68298245


IV Expenses



Finance Costs


Other Expenses


IV Total Expenses

22 2455886373

23 67897418

24 81692027

25 83242093

26 540714511

27 19080679

3248513101

2785797322

(83469935)

68704837

79990196

551015676

17627479




X Tax Expense


b) Current Tax o












Director

DIN 00332465

Managing Director

DIN 00015384

Lt~ Partner


Place Mumbai

Date 16052016





2016 Rupees (84560135)


Rup~s

(27758801)


1107344 19080679

(24847418) 81692027 (7327503)

477816 17627479

(19019677) 68704837 40031654


(46111749) 67897418 (1755415) (9482716)

(65083623)

(37278320) (83469935)

2634180 29971926

(35188175)



(54536085)

(6186358S)

1123330324)

(83298670)


(10194886) 5485000

24647418

(58471698) 840000

19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)



(30644789) (1643403)


38716088 8071279

40373565 38730162

(30644789) (1643403)







Varun Somani


~



NOTES ON ACCOUNTS









f

d) Depreciation









i) Operating Leases


j) Impairment






G




No

Share Capital 2







Total 70000000 70000000














TOTAL 2 70000000





Closing Balance 3 (136365363) (51805228)

1

Long Telm Borrowing

Secured Loan

4



4497173 7610693




3532552 62712


Unsecured Loans





43650000

175699848 182825139

TOTAL 4 298089089 196707068



1) Leave Encashmeut

2) Gratuity

2543261

48980

2271158

4637074

TOTAL 5 7441357 690823~











TOTAL 6 364532197 368569847

Trade Payable 7 40630462 42385877

TOTAL 7 4O63046~ 42385877




(C) Other Paybles








Others 23380404 14179764

TOTAL 8 145621725 15s470577





(0) Others



TOTAL 871906 2409971

Asscts





TOTAL 11 10000000 10000000

9









-

11gt

I

J



IN TANGIBLE ASSETS


ComputerParticulars

Software


Additions

Deletions





Additions

Deletions




Additions


177460

110799

7407

295666 110799

406465




Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)







I

OTHER EXPENSES


TOTAL

OFFICE MAINTAINCE


TOTAL

REPAIRS TO OTHERS


TOTAL

TRAVELLING EXP


TOTAL

WORKSHOP EXPENSES


TOTAL

23

177718 20270740

7506000 2920680 2800000

33675138

7506000

347116 1005150

35956 1316310

1109223 2968978

784087 4862288

835660 1318790

312673 2467123

1389148 454827

33088884 34932859

~I

OTHER INCOME 18



TOTAL OTHER 5691776

TOTAL 81198104


TOTAL 2455886313



TOTAL 13580443



TOTAL 4128786

--- -- -~-- -------~------~ --shy

t



TOTAL



TOTAL

INVENTORY

CAR SPARE PARTS

TOTAL

1132922 13593

720298 1107344

42110 5180032

20000 173412

8978953 1120492 1506951

242228 504974 63680

317000 8528 2500

92724 77652

9251 21296142

1699285

24107737 2519028

35527847 5772404 5368490 4278891 2418345

79992742

120446814 26184928

146631742

-_T- A





ALTIS 10 1350062 13500621 2 1$4952 2459904 12 15970525 38677327


CorrolaOld 906746 2720238 - 3 2720238 2720238

Etios 16 73504 11772065 9 618033 5554301 25 17334366 19580922

Etios Cross 8 630267 5042138 - 8 5C42138 4781224

EtiosLiva 2 520263 6243155 8 513390 4117118 2D 10350273 18502936

Fortuner 11 2041873 22460608 2 1906m 3813942 26274550 23758948

Innova 2 1116518shy 26796424 5 1019-614 5098071 29 31894495 52713524

Land Crusier 1 3866497 3866497 - 1 3866497 3866497

Quiligt 2 541613 1083226 2 U83226 1083226

Prious - - - - - -TOTAL 90 13679762 99395478 26 5292960 21051336 116 120446814 186960138



AMOUNT AMOUNT





Loadp_ - 2115446


TOTAL 26l51B36 25999419


TOTAL 26184928 26576812


TOTAL 26184928 Z7568712





(a) Share Capital 2 70000000 70000000


Total (66365363) 18194772




Total 305530446 203615300



(b) Trade Payable 7 40630462 42385877



Total 551656290 571836272

TOTAL 790821373 793646344

II Asset









10

10

11

12

13

14

107227606

701525

10000000

253909090

18105

122594942

812324

10000000

187781072

14094

Total 371856326 321~202432

2 Current A5set5

(a) Inventories





15

16

17

18

19

146631742

257727292

8071279

2330409

4204326

214529160

211615543

38716068

2685032

4898109

Total 418965047 47443912

TOTAl 790821373 793646344











ltydh~~ ~lt~~





][ Other Income 21 81198704 68298245


IV Expenses



Finance Costs


Other Expenses


IV Total Expenses

22 2455886373

23 67897418

24 81692027

25 83242093

26 540714511

27 19080679

3248513101

2785797322

(83469935)

68704837

79990196

551015676

17627479




X Tax Expense


b) Current Tax o












Director

DIN 00332465

Managing Director

DIN 00015384

Lt~ Partner


Place Mumbai

Date 16052016





2016 Rupees (84560135)


Rup~s

(27758801)


1107344 19080679

(24847418) 81692027 (7327503)

477816 17627479

(19019677) 68704837 40031654


(46111749) 67897418 (1755415) (9482716)

(65083623)

(37278320) (83469935)

2634180 29971926

(35188175)



(54536085)

(6186358S)

1123330324)

(83298670)


(10194886) 5485000

24647418

(58471698) 840000

19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)



(30644789) (1643403)


38716088 8071279

40373565 38730162

(30644789) (1643403)







Varun Somani


~



NOTES ON ACCOUNTS









f

d) Depreciation









i) Operating Leases


j) Impairment






G




No

Share Capital 2







Total 70000000 70000000














TOTAL 2 70000000





Closing Balance 3 (136365363) (51805228)

1

Long Telm Borrowing

Secured Loan

4



4497173 7610693




3532552 62712


Unsecured Loans





43650000

175699848 182825139

TOTAL 4 298089089 196707068



1) Leave Encashmeut

2) Gratuity

2543261

48980

2271158

4637074

TOTAL 5 7441357 690823~











TOTAL 6 364532197 368569847

Trade Payable 7 40630462 42385877

TOTAL 7 4O63046~ 42385877




(C) Other Paybles








Others 23380404 14179764

TOTAL 8 145621725 15s470577





(0) Others



TOTAL 871906 2409971

Asscts





TOTAL 11 10000000 10000000

9









-

11gt

I

J



IN TANGIBLE ASSETS


ComputerParticulars

Software


Additions

Deletions





Additions

Deletions




Additions


177460

110799

7407

295666 110799

406465




Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)







~I

OTHER INCOME 18



TOTAL OTHER 5691776

TOTAL 81198104


TOTAL 2455886313



TOTAL 13580443



TOTAL 4128786

--- -- -~-- -------~------~ --shy

t



TOTAL



TOTAL

INVENTORY

CAR SPARE PARTS

TOTAL

1132922 13593

720298 1107344

42110 5180032

20000 173412

8978953 1120492 1506951

242228 504974 63680

317000 8528 2500

92724 77652

9251 21296142

1699285

24107737 2519028

35527847 5772404 5368490 4278891 2418345

79992742

120446814 26184928

146631742

-_T- A





ALTIS 10 1350062 13500621 2 1$4952 2459904 12 15970525 38677327


CorrolaOld 906746 2720238 - 3 2720238 2720238

Etios 16 73504 11772065 9 618033 5554301 25 17334366 19580922

Etios Cross 8 630267 5042138 - 8 5C42138 4781224

EtiosLiva 2 520263 6243155 8 513390 4117118 2D 10350273 18502936

Fortuner 11 2041873 22460608 2 1906m 3813942 26274550 23758948

Innova 2 1116518shy 26796424 5 1019-614 5098071 29 31894495 52713524

Land Crusier 1 3866497 3866497 - 1 3866497 3866497

Quiligt 2 541613 1083226 2 U83226 1083226

Prious - - - - - -TOTAL 90 13679762 99395478 26 5292960 21051336 116 120446814 186960138



AMOUNT AMOUNT





Loadp_ - 2115446


TOTAL 26l51B36 25999419


TOTAL 26184928 26576812


TOTAL 26184928 Z7568712





(a) Share Capital 2 70000000 70000000


Total (66365363) 18194772




Total 305530446 203615300



(b) Trade Payable 7 40630462 42385877



Total 551656290 571836272

TOTAL 790821373 793646344

II Asset









10

10

11

12

13

14

107227606

701525

10000000

253909090

18105

122594942

812324

10000000

187781072

14094

Total 371856326 321~202432

2 Current A5set5

(a) Inventories





15

16

17

18

19

146631742

257727292

8071279

2330409

4204326

214529160

211615543

38716068

2685032

4898109

Total 418965047 47443912

TOTAl 790821373 793646344











ltydh~~ ~lt~~





][ Other Income 21 81198704 68298245


IV Expenses



Finance Costs


Other Expenses


IV Total Expenses

22 2455886373

23 67897418

24 81692027

25 83242093

26 540714511

27 19080679

3248513101

2785797322

(83469935)

68704837

79990196

551015676

17627479




X Tax Expense


b) Current Tax o












Director

DIN 00332465

Managing Director

DIN 00015384

Lt~ Partner


Place Mumbai

Date 16052016





2016 Rupees (84560135)


Rup~s

(27758801)


1107344 19080679

(24847418) 81692027 (7327503)

477816 17627479

(19019677) 68704837 40031654


(46111749) 67897418 (1755415) (9482716)

(65083623)

(37278320) (83469935)

2634180 29971926

(35188175)



(54536085)

(6186358S)

1123330324)

(83298670)


(10194886) 5485000

24647418

(58471698) 840000

19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)



(30644789) (1643403)


38716088 8071279

40373565 38730162

(30644789) (1643403)







Varun Somani


~



NOTES ON ACCOUNTS









f

d) Depreciation









i) Operating Leases


j) Impairment






G




No

Share Capital 2







Total 70000000 70000000














TOTAL 2 70000000





Closing Balance 3 (136365363) (51805228)

1

Long Telm Borrowing

Secured Loan

4



4497173 7610693




3532552 62712


Unsecured Loans





43650000

175699848 182825139

TOTAL 4 298089089 196707068



1) Leave Encashmeut

2) Gratuity

2543261

48980

2271158

4637074

TOTAL 5 7441357 690823~











TOTAL 6 364532197 368569847

Trade Payable 7 40630462 42385877

TOTAL 7 4O63046~ 42385877




(C) Other Paybles








Others 23380404 14179764

TOTAL 8 145621725 15s470577





(0) Others



TOTAL 871906 2409971

Asscts





TOTAL 11 10000000 10000000

9









-

11gt

I

J



IN TANGIBLE ASSETS


ComputerParticulars

Software


Additions

Deletions





Additions

Deletions




Additions


177460

110799

7407

295666 110799

406465




Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)







--- -- -~-- -------~------~ --shy

t



TOTAL



TOTAL

INVENTORY

CAR SPARE PARTS

TOTAL

1132922 13593

720298 1107344

42110 5180032

20000 173412

8978953 1120492 1506951

242228 504974 63680

317000 8528 2500

92724 77652

9251 21296142

1699285

24107737 2519028

35527847 5772404 5368490 4278891 2418345

79992742

120446814 26184928

146631742

-_T- A





ALTIS 10 1350062 13500621 2 1$4952 2459904 12 15970525 38677327


CorrolaOld 906746 2720238 - 3 2720238 2720238

Etios 16 73504 11772065 9 618033 5554301 25 17334366 19580922

Etios Cross 8 630267 5042138 - 8 5C42138 4781224

EtiosLiva 2 520263 6243155 8 513390 4117118 2D 10350273 18502936

Fortuner 11 2041873 22460608 2 1906m 3813942 26274550 23758948

Innova 2 1116518shy 26796424 5 1019-614 5098071 29 31894495 52713524

Land Crusier 1 3866497 3866497 - 1 3866497 3866497

Quiligt 2 541613 1083226 2 U83226 1083226

Prious - - - - - -TOTAL 90 13679762 99395478 26 5292960 21051336 116 120446814 186960138



AMOUNT AMOUNT





Loadp_ - 2115446


TOTAL 26l51B36 25999419


TOTAL 26184928 26576812


TOTAL 26184928 Z7568712





(a) Share Capital 2 70000000 70000000


Total (66365363) 18194772




Total 305530446 203615300



(b) Trade Payable 7 40630462 42385877



Total 551656290 571836272

TOTAL 790821373 793646344

II Asset









10

10

11

12

13

14

107227606

701525

10000000

253909090

18105

122594942

812324

10000000

187781072

14094

Total 371856326 321~202432

2 Current A5set5

(a) Inventories





15

16

17

18

19

146631742

257727292

8071279

2330409

4204326

214529160

211615543

38716068

2685032

4898109

Total 418965047 47443912

TOTAl 790821373 793646344











ltydh~~ ~lt~~





][ Other Income 21 81198704 68298245


IV Expenses



Finance Costs


Other Expenses


IV Total Expenses

22 2455886373

23 67897418

24 81692027

25 83242093

26 540714511

27 19080679

3248513101

2785797322

(83469935)

68704837

79990196

551015676

17627479




X Tax Expense


b) Current Tax o












Director

DIN 00332465

Managing Director

DIN 00015384

Lt~ Partner


Place Mumbai

Date 16052016





2016 Rupees (84560135)


Rup~s

(27758801)


1107344 19080679

(24847418) 81692027 (7327503)

477816 17627479

(19019677) 68704837 40031654


(46111749) 67897418 (1755415) (9482716)

(65083623)

(37278320) (83469935)

2634180 29971926

(35188175)



(54536085)

(6186358S)

1123330324)

(83298670)


(10194886) 5485000

24647418

(58471698) 840000

19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)



(30644789) (1643403)


38716088 8071279

40373565 38730162

(30644789) (1643403)







Varun Somani


~



NOTES ON ACCOUNTS









f

d) Depreciation









i) Operating Leases


j) Impairment






G




No

Share Capital 2







Total 70000000 70000000














TOTAL 2 70000000





Closing Balance 3 (136365363) (51805228)

1

Long Telm Borrowing

Secured Loan

4



4497173 7610693




3532552 62712


Unsecured Loans





43650000

175699848 182825139

TOTAL 4 298089089 196707068



1) Leave Encashmeut

2) Gratuity

2543261

48980

2271158

4637074

TOTAL 5 7441357 690823~











TOTAL 6 364532197 368569847

Trade Payable 7 40630462 42385877

TOTAL 7 4O63046~ 42385877




(C) Other Paybles








Others 23380404 14179764

TOTAL 8 145621725 15s470577





(0) Others



TOTAL 871906 2409971

Asscts





TOTAL 11 10000000 10000000

9









-

11gt

I

J



IN TANGIBLE ASSETS


ComputerParticulars

Software


Additions

Deletions





Additions

Deletions




Additions


177460

110799

7407

295666 110799

406465




Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)







-_T- A





ALTIS 10 1350062 13500621 2 1$4952 2459904 12 15970525 38677327


CorrolaOld 906746 2720238 - 3 2720238 2720238

Etios 16 73504 11772065 9 618033 5554301 25 17334366 19580922

Etios Cross 8 630267 5042138 - 8 5C42138 4781224

EtiosLiva 2 520263 6243155 8 513390 4117118 2D 10350273 18502936

Fortuner 11 2041873 22460608 2 1906m 3813942 26274550 23758948

Innova 2 1116518shy 26796424 5 1019-614 5098071 29 31894495 52713524

Land Crusier 1 3866497 3866497 - 1 3866497 3866497

Quiligt 2 541613 1083226 2 U83226 1083226

Prious - - - - - -TOTAL 90 13679762 99395478 26 5292960 21051336 116 120446814 186960138



AMOUNT AMOUNT





Loadp_ - 2115446


TOTAL 26l51B36 25999419


TOTAL 26184928 26576812


TOTAL 26184928 Z7568712





(a) Share Capital 2 70000000 70000000


Total (66365363) 18194772




Total 305530446 203615300



(b) Trade Payable 7 40630462 42385877



Total 551656290 571836272

TOTAL 790821373 793646344

II Asset









10

10

11

12

13

14

107227606

701525

10000000

253909090

18105

122594942

812324

10000000

187781072

14094

Total 371856326 321~202432

2 Current A5set5

(a) Inventories





15

16

17

18

19

146631742

257727292

8071279

2330409

4204326

214529160

211615543

38716068

2685032

4898109

Total 418965047 47443912

TOTAl 790821373 793646344











ltydh~~ ~lt~~





][ Other Income 21 81198704 68298245


IV Expenses



Finance Costs


Other Expenses


IV Total Expenses

22 2455886373

23 67897418

24 81692027

25 83242093

26 540714511

27 19080679

3248513101

2785797322

(83469935)

68704837

79990196

551015676

17627479




X Tax Expense


b) Current Tax o












Director

DIN 00332465

Managing Director

DIN 00015384

Lt~ Partner


Place Mumbai

Date 16052016





2016 Rupees (84560135)


Rup~s

(27758801)


1107344 19080679

(24847418) 81692027 (7327503)

477816 17627479

(19019677) 68704837 40031654


(46111749) 67897418 (1755415) (9482716)

(65083623)

(37278320) (83469935)

2634180 29971926

(35188175)



(54536085)

(6186358S)

1123330324)

(83298670)


(10194886) 5485000

24647418

(58471698) 840000

19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)



(30644789) (1643403)


38716088 8071279

40373565 38730162

(30644789) (1643403)







Varun Somani


~



NOTES ON ACCOUNTS









f

d) Depreciation









i) Operating Leases


j) Impairment






G




No

Share Capital 2







Total 70000000 70000000














TOTAL 2 70000000





Closing Balance 3 (136365363) (51805228)

1

Long Telm Borrowing

Secured Loan

4



4497173 7610693




3532552 62712


Unsecured Loans





43650000

175699848 182825139

TOTAL 4 298089089 196707068



1) Leave Encashmeut

2) Gratuity

2543261

48980

2271158

4637074

TOTAL 5 7441357 690823~











TOTAL 6 364532197 368569847

Trade Payable 7 40630462 42385877

TOTAL 7 4O63046~ 42385877




(C) Other Paybles








Others 23380404 14179764

TOTAL 8 145621725 15s470577





(0) Others



TOTAL 871906 2409971

Asscts





TOTAL 11 10000000 10000000

9









-

11gt

I

J



IN TANGIBLE ASSETS


ComputerParticulars

Software


Additions

Deletions





Additions

Deletions




Additions


177460

110799

7407

295666 110799

406465




Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)











(a) Share Capital 2 70000000 70000000


Total (66365363) 18194772




Total 305530446 203615300



(b) Trade Payable 7 40630462 42385877



Total 551656290 571836272

TOTAL 790821373 793646344

II Asset









10

10

11

12

13

14

107227606

701525

10000000

253909090

18105

122594942

812324

10000000

187781072

14094

Total 371856326 321~202432

2 Current A5set5

(a) Inventories





15

16

17

18

19

146631742

257727292

8071279

2330409

4204326

214529160

211615543

38716068

2685032

4898109

Total 418965047 47443912

TOTAl 790821373 793646344











ltydh~~ ~lt~~





][ Other Income 21 81198704 68298245


IV Expenses



Finance Costs


Other Expenses


IV Total Expenses

22 2455886373

23 67897418

24 81692027

25 83242093

26 540714511

27 19080679

3248513101

2785797322

(83469935)

68704837

79990196

551015676

17627479




X Tax Expense


b) Current Tax o












Director

DIN 00332465

Managing Director

DIN 00015384

Lt~ Partner


Place Mumbai

Date 16052016





2016 Rupees (84560135)


Rup~s

(27758801)


1107344 19080679

(24847418) 81692027 (7327503)

477816 17627479

(19019677) 68704837 40031654


(46111749) 67897418 (1755415) (9482716)

(65083623)

(37278320) (83469935)

2634180 29971926

(35188175)



(54536085)

(6186358S)

1123330324)

(83298670)


(10194886) 5485000

24647418

(58471698) 840000

19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)



(30644789) (1643403)


38716088 8071279

40373565 38730162

(30644789) (1643403)







Varun Somani


~



NOTES ON ACCOUNTS









f

d) Depreciation









i) Operating Leases


j) Impairment






G




No

Share Capital 2







Total 70000000 70000000














TOTAL 2 70000000





Closing Balance 3 (136365363) (51805228)

1

Long Telm Borrowing

Secured Loan

4



4497173 7610693




3532552 62712


Unsecured Loans





43650000

175699848 182825139

TOTAL 4 298089089 196707068



1) Leave Encashmeut

2) Gratuity

2543261

48980

2271158

4637074

TOTAL 5 7441357 690823~











TOTAL 6 364532197 368569847

Trade Payable 7 40630462 42385877

TOTAL 7 4O63046~ 42385877




(C) Other Paybles








Others 23380404 14179764

TOTAL 8 145621725 15s470577





(0) Others



TOTAL 871906 2409971

Asscts





TOTAL 11 10000000 10000000

9









-

11gt

I

J



IN TANGIBLE ASSETS


ComputerParticulars

Software


Additions

Deletions





Additions

Deletions




Additions


177460

110799

7407

295666 110799

406465




Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)











][ Other Income 21 81198704 68298245


IV Expenses



Finance Costs


Other Expenses


IV Total Expenses

22 2455886373

23 67897418

24 81692027

25 83242093

26 540714511

27 19080679

3248513101

2785797322

(83469935)

68704837

79990196

551015676

17627479




X Tax Expense


b) Current Tax o












Director

DIN 00332465

Managing Director

DIN 00015384

Lt~ Partner


Place Mumbai

Date 16052016





2016 Rupees (84560135)


Rup~s

(27758801)


1107344 19080679

(24847418) 81692027 (7327503)

477816 17627479

(19019677) 68704837 40031654


(46111749) 67897418 (1755415) (9482716)

(65083623)

(37278320) (83469935)

2634180 29971926

(35188175)



(54536085)

(6186358S)

1123330324)

(83298670)


(10194886) 5485000

24647418

(58471698) 840000

19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)



(30644789) (1643403)


38716088 8071279

40373565 38730162

(30644789) (1643403)







Varun Somani


~



NOTES ON ACCOUNTS









f

d) Depreciation









i) Operating Leases


j) Impairment






G




No

Share Capital 2







Total 70000000 70000000














TOTAL 2 70000000





Closing Balance 3 (136365363) (51805228)

1

Long Telm Borrowing

Secured Loan

4



4497173 7610693




3532552 62712


Unsecured Loans





43650000

175699848 182825139

TOTAL 4 298089089 196707068



1) Leave Encashmeut

2) Gratuity

2543261

48980

2271158

4637074

TOTAL 5 7441357 690823~











TOTAL 6 364532197 368569847

Trade Payable 7 40630462 42385877

TOTAL 7 4O63046~ 42385877




(C) Other Paybles








Others 23380404 14179764

TOTAL 8 145621725 15s470577





(0) Others



TOTAL 871906 2409971

Asscts





TOTAL 11 10000000 10000000

9









-

11gt

I

J



IN TANGIBLE ASSETS


ComputerParticulars

Software


Additions

Deletions





Additions

Deletions




Additions


177460

110799

7407

295666 110799

406465




Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)











2016 Rupees (84560135)


Rup~s

(27758801)


1107344 19080679

(24847418) 81692027 (7327503)

477816 17627479

(19019677) 68704837 40031654


(46111749) 67897418 (1755415) (9482716)

(65083623)

(37278320) (83469935)

2634180 29971926

(35188175)



(54536085)

(6186358S)

1123330324)

(83298670)


(10194886) 5485000

24647418

(58471698) 840000

19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)



(30644789) (1643403)


38716088 8071279

40373565 38730162

(30644789) (1643403)







Varun Somani


~



NOTES ON ACCOUNTS









f

d) Depreciation









i) Operating Leases


j) Impairment






G




No

Share Capital 2







Total 70000000 70000000














TOTAL 2 70000000





Closing Balance 3 (136365363) (51805228)

1

Long Telm Borrowing

Secured Loan

4



4497173 7610693




3532552 62712


Unsecured Loans





43650000

175699848 182825139

TOTAL 4 298089089 196707068



1) Leave Encashmeut

2) Gratuity

2543261

48980

2271158

4637074

TOTAL 5 7441357 690823~











TOTAL 6 364532197 368569847

Trade Payable 7 40630462 42385877

TOTAL 7 4O63046~ 42385877




(C) Other Paybles








Others 23380404 14179764

TOTAL 8 145621725 15s470577





(0) Others



TOTAL 871906 2409971

Asscts





TOTAL 11 10000000 10000000

9









-

11gt

I

J



IN TANGIBLE ASSETS


ComputerParticulars

Software


Additions

Deletions





Additions

Deletions




Additions


177460

110799

7407

295666 110799

406465




Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)









NOTES ON ACCOUNTS









f

d) Depreciation









i) Operating Leases


j) Impairment






G




No

Share Capital 2







Total 70000000 70000000














TOTAL 2 70000000





Closing Balance 3 (136365363) (51805228)

1

Long Telm Borrowing

Secured Loan

4



4497173 7610693




3532552 62712


Unsecured Loans





43650000

175699848 182825139

TOTAL 4 298089089 196707068



1) Leave Encashmeut

2) Gratuity

2543261

48980

2271158

4637074

TOTAL 5 7441357 690823~











TOTAL 6 364532197 368569847

Trade Payable 7 40630462 42385877

TOTAL 7 4O63046~ 42385877




(C) Other Paybles








Others 23380404 14179764

TOTAL 8 145621725 15s470577





(0) Others



TOTAL 871906 2409971

Asscts





TOTAL 11 10000000 10000000

9









-

11gt

I

J



IN TANGIBLE ASSETS


ComputerParticulars

Software


Additions

Deletions





Additions

Deletions




Additions


177460

110799

7407

295666 110799

406465




Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)







f

d) Depreciation









i) Operating Leases


j) Impairment






G




No

Share Capital 2







Total 70000000 70000000














TOTAL 2 70000000





Closing Balance 3 (136365363) (51805228)

1

Long Telm Borrowing

Secured Loan

4



4497173 7610693




3532552 62712


Unsecured Loans





43650000

175699848 182825139

TOTAL 4 298089089 196707068



1) Leave Encashmeut

2) Gratuity

2543261

48980

2271158

4637074

TOTAL 5 7441357 690823~











TOTAL 6 364532197 368569847

Trade Payable 7 40630462 42385877

TOTAL 7 4O63046~ 42385877




(C) Other Paybles








Others 23380404 14179764

TOTAL 8 145621725 15s470577





(0) Others



TOTAL 871906 2409971

Asscts





TOTAL 11 10000000 10000000

9









-

11gt

I

J



IN TANGIBLE ASSETS


ComputerParticulars

Software


Additions

Deletions





Additions

Deletions




Additions


177460

110799

7407

295666 110799

406465




Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)







j) Impairment






G




No

Share Capital 2







Total 70000000 70000000














TOTAL 2 70000000





Closing Balance 3 (136365363) (51805228)

1

Long Telm Borrowing

Secured Loan

4



4497173 7610693




3532552 62712


Unsecured Loans





43650000

175699848 182825139

TOTAL 4 298089089 196707068



1) Leave Encashmeut

2) Gratuity

2543261

48980

2271158

4637074

TOTAL 5 7441357 690823~











TOTAL 6 364532197 368569847

Trade Payable 7 40630462 42385877

TOTAL 7 4O63046~ 42385877




(C) Other Paybles








Others 23380404 14179764

TOTAL 8 145621725 15s470577





(0) Others



TOTAL 871906 2409971

Asscts





TOTAL 11 10000000 10000000

9









-

11gt

I

J



IN TANGIBLE ASSETS


ComputerParticulars

Software


Additions

Deletions





Additions

Deletions




Additions


177460

110799

7407

295666 110799

406465




Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)










No

Share Capital 2







Total 70000000 70000000














TOTAL 2 70000000





Closing Balance 3 (136365363) (51805228)

1

Long Telm Borrowing

Secured Loan

4



4497173 7610693




3532552 62712


Unsecured Loans





43650000

175699848 182825139

TOTAL 4 298089089 196707068



1) Leave Encashmeut

2) Gratuity

2543261

48980

2271158

4637074

TOTAL 5 7441357 690823~











TOTAL 6 364532197 368569847

Trade Payable 7 40630462 42385877

TOTAL 7 4O63046~ 42385877




(C) Other Paybles








Others 23380404 14179764

TOTAL 8 145621725 15s470577





(0) Others



TOTAL 871906 2409971

Asscts





TOTAL 11 10000000 10000000

9









-

11gt

I

J



IN TANGIBLE ASSETS


ComputerParticulars

Software


Additions

Deletions





Additions

Deletions




Additions


177460

110799

7407

295666 110799

406465




Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)







1

Long Telm Borrowing

Secured Loan

4



4497173 7610693




3532552 62712


Unsecured Loans





43650000

175699848 182825139

TOTAL 4 298089089 196707068



1) Leave Encashmeut

2) Gratuity

2543261

48980

2271158

4637074

TOTAL 5 7441357 690823~











TOTAL 6 364532197 368569847

Trade Payable 7 40630462 42385877

TOTAL 7 4O63046~ 42385877




(C) Other Paybles








Others 23380404 14179764

TOTAL 8 145621725 15s470577





(0) Others



TOTAL 871906 2409971

Asscts





TOTAL 11 10000000 10000000

9









-

11gt

I

J



IN TANGIBLE ASSETS


ComputerParticulars

Software


Additions

Deletions





Additions

Deletions




Additions


177460

110799

7407

295666 110799

406465




Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)










(C) Other Paybles








Others 23380404 14179764

TOTAL 8 145621725 15s470577





(0) Others



TOTAL 871906 2409971

Asscts





TOTAL 11 10000000 10000000

9









-

11gt

I

J



IN TANGIBLE ASSETS


ComputerParticulars

Software


Additions

Deletions





Additions

Deletions




Additions


177460

110799

7407

295666 110799

406465




Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)















-

11gt

I

J



IN TANGIBLE ASSETS


ComputerParticulars

Software


Additions

Deletions





Additions

Deletions




Additions


177460

110799

7407

295666 110799

406465




Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)







I

J



IN TANGIBLE ASSETS


ComputerParticulars

Software


Additions

Deletions





Additions

Deletions




Additions


177460

110799

7407

295666 110799

406465




Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)









Gratuity

Leav Encashment

TOTAL 12




Advance to others

13

199096532

10650000

137~7tt46

13650000

Deposits



2) Other


13499911 12425497





TOTAL 13 253909090 187781072



TOTAL 14 18105 14094




TOTAL 15 146631742 214529160

Trade Receivable 16



(h) others 161493613 124604337

TOTAL 16 2577Xl292 211615543

12

I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)







I




TOTAL 17 8011219 38716068



TOTAL 16 2330409 269i032





JOJAL 19





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016




DIN 00332465 DIN 00015384

I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)







I





gal~of rroclllct

Traded Goods

(A) Car

(B) Sale of Service



Snap Sales

20

2684230143

113628535

284770755

124829

2954877991

88989770

279715720

25048

TOTAL 20 3082754263 3323608529

Other Income 21





(5) Others 5691776 1507496

TOTAL 21 81198704 68298245


Cars 2221792138 2556706978


TOTAL 22 2455886373 2785797322



Traded Goods 214529160 131059225


Traded Goods 146631742 214529160

TOTAL 23 67897418 (83469935)

I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)







I I

Finance Cost 24



24 81692027 68704837





Gratuity 800865 193606



TOTAL 25 83242093 79990196

Other Expenses 26



Rent 33675138 22350685
















5

Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)







Kaushal A Mehta

TOTAL 26 540714511 551015676




TOTAL 27 19080679 17627479






f A_ vLi T~


DIN 00332465 DIN 00015384

arun Somani

II


Payment to Auditor

I) Audit Fee

II Tax Audit Fee

Ill) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

J) New Cars

II) Services

Workshop Expenses


37500 31500

40000

12500

60600

72671414

161189

40000

12500

40250

81570171

3189603

1084897

34932859

21296142

5050382

273443

28639863

18255746

lG








a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)














a) Gratuity







----~~-



11shy

~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)







~ --~ --~-




10420151 01042014-31032016 311032015

329441 1136116

___~ ~__-L- 8008~5 1936306

b Leave Encashment

i 2015-16 Leave

2014-15 Leave









i per applicable)

500 pa i _


Not Considered Not

Considered


~~-~



6















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)





















31 5t March 2016

45000000 22000000 15568

3370986

43650000

9698161

40300000 22179066

199098532

2701440

31 st March 2015

20000000 48000000 11702

5205289

20650000

6327175

27350000 14615219

136619466

2701440



3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)









3000000

807780



Interest Paid

i 5) a


lo


31 MARCH 2016

QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755


VALUE

Itsbull 2954877991

8898Q 279715720



Spares Parts () 27568722 i 20128643




37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)








37)





199098532 J99098532

I




20J5

1366 J 9466 136619466

807780 45635158













1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)

















1





Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)











Opinion


OthelMatters



2














3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)




















3










4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)
















4


















Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)
























Opinion


Other hlntters





2

+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)







+ ~ l

~





Shareholders Funds

(a) Share Capital


Total

2

3

middot70000000

(161008770)

(91008770)

(1078914)

(1078914)

70000000

(162087684)

(92087684)

70000000

(52596533)

17403467




term Provision 5

Total 305530446 22123 305552569 203906232



(b) Trade Payable 7 40630462 40630462 43112220



Total 551656290 2481516 554137806 573777771

TOTAL

II Asset






(b) Goodwill 11 4335399 4335399 4335399




Total 162757794 184134435 346892229 321020557

2 Current Assets

(a) Inventories 15 146631742 146631742 214529160





Total 418965047 1745415 420710462 474066913

TOTAL 581722841 185879850 767602691 795OIl7470

of 1









~ __ ~ampectJCCO~

~7=-Date 16052016

Director

III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)







III





II Other Income 21 56555297 56555297 68510208

TOlaI Revenue 3139309560 3139309560 3392118737

IV Expenses



Finance Costs 24 81692027 81692027 68704837


Other Expenses 26 540714511 79794 540794305 551124409






x Tax Expense


b) Current Tax o

Deffcred Tax




of 1

(109203542) (109556) (109313098) (~418491)






Managing Director

DIN 00015384


Director

DIN 00332465

J





Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)











Rupees (109287221)


Rupees 1792679


1107344 19084564

(4011) 81692027 (7407297)

(29478427) 4335399

477816 17657656

(19019677) 68704837 44470283


(46111749) 67897418 (2481758) (8502334) (2604556)

(37278320) (83469935)

(8008826) 36699187 (5318215)

erations net)


8197021

789724

(95374109) -

(509038261


(10217267) (37865110)

5485000 4011

(58471698) (32374368)

640000 19019677



2292825387 (2206930376)

(74613744)

20000000 3562609309

(3393990768) (68151253)




40339069 9816694

41976090 40353163

(30522375) (1622927)




Varun Somani

Managing Director

DIN 00015384

Place Mumbai

Date 16052016


DIN 00332465



MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)









MARCH 2016

NOTES ON ACCOUNTS











~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)







~ I I




d) Depreciation









i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)







i) Operating Leases


j) Impairment









No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)










No

Share Capital 2







Total 70000000













TOTAL 2 70000000 70000000 70000000




Loss for Ihe year (109203542) (109556) (109313098) (2418491)

Ooslng Balc (161008770) (1078914) (162087684) (52596533)

Ieng Term Borrowing

Secured Loan

4



4197173




3532552


Unsecured Lons




Interest13

43650000

175699848

4497173 7610693

3532552 6271236

70709516

43650000

175699848 182825139

TOTAL 4 298089(l89 298089089 1707068

Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)







Long Term Provision



TOTAL 5 7441JJ7 71413~7 7lry115ry










TOTAL 364532196 364532196 368569847

Trade Payable 40630462 40630462 43112220

TOTAL 7 40630462 40630462 43112220



(1)1 Other labblles 954768 954768 954768

(C) Other Payblos








others 23380404 23380404 14179764

TOTAl 8 145621726 2481516 148103242 159968960



Graluity 564902 564902 696435


(b) Others


Yearlax

TOTAL 9 871906 871906 2126744



TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)









TANGIBLE ASSETS




Gross Block


Additions 2339851 32500 45168 862000 1654306 4932061 329000 10194886



Additions 26006 1174239 349804 1151762 646011 1408161 708006 6403455 2515253 3884 4349184 18973764

Deletions 3979818 3979818



a

I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)







I




IN TANGIBLE ASSETS


Software


Deletions





Deletions





177460 110799

7407

295666 110799

406465


gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)







gt

Assets

Goodwill 11

Share Capito 100000 100000 100000


SubTotal 5664601 5664601 5664601

Less 10000000 10000000 10000000

TOTAl 11 4013539900 433539900 433539900



Gratuity

Lw-av EltlasluIUJu

TOTAl 12 22123 22123 7705




Advance 10 others 10650000 65500 10715500 13650000

Deposits



2) Other 13499911 13499911 12490997






TOTAL 13 54810558 65500 54876059 51227106



ets

nd nank

14

18105 18105 14095

TOTAl 14 18105 1amp105 J4()l5


Motor Vehicles 120446814 120446814 186960438

TOTAL 15 146631742 146631742 2H529160

Trade Rereivable 16



(b) others 161493613 161493613 124804337

TOTAL 16 257727292 257727292 211615543

I


7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)








7264886 167169 7432055 37309762

TOTAl 17 8071279 1745415 9816694 40339069


TOTAl 18 2330409 2685032



Considered Good 3492863 3492863 4186646

MeGM

TOTAl 19 4204326





Kaushal A Mehta

Partner


Place Mumbai

Date 16052016

Director

DIN 00332465

Managing Director

DIN 00015384

2






NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)












NOTE

20

(A) Car

(B) Sale of Service



2684230143

113628535

284770755

2684230143

113628535

284770755

2954877991

88989770

279715720

TOTAL 20 3082754263 3082754263 3323608529

Other Income 21





(5) Othcm 5691776 5691776 1719459

TOTAL 21 56555297 56555297 68510208


Cars 2221792138 2221792138 2556706978


TOTAL 22 2455886373 2455886373 2785797322



Traded Goods 214529160 214529160 131059225


TOTAL 23 67897tl18 0 67897418 (83469935)

9

Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)







Fina~c( Cost 21



24 81692027 81692027 68704837





Gratuity 800865 800865 1936306



TOTAL 25 83242093 83242093 79990196

Other Expenses 26



Rent 33675138 33675138 22350685


Rates amp Taxes 1316310 1316310 8717383


Insurance 01arges 1521322 1521322 650094







Office Expenses 23236479 2040 23238519 21657440





TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)







TOTAL 26 540714511 79794 540794305 551124409




TOTAL 27 19080679 3885 19084564 17657656







Place Mumbai

Date 16032016


Director

DIN 00332465

Managing Director

DIN 00015384


Payment to Auditor

I) Audit Fee

II) Tax Audit Fee

III) Other Services

Octroi charges

Bad Dabts

Petrol Expenses

I) New Cars

II) Services

Workshop Expenses


37500

40000

12500

60600

72671414

161189

3189603

1084897

34932859

21296142

17175

20079

37500

57175

12500

60600

72671414

161189

3189603

1084897

34932859

21316221

31500

51236

12500

40250

81570171

5050382

273443

28639863

18306583

t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)







t l









a) Gratuity

I 2015-16 Gratuity

(Unfunded)

2014-15 Gratuity



5333509 3538576



470749 329441



5462998 5333509




I

c

- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)







- I


011042014- I 311032015


I

i





2014-15 Leave












( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)







( bull gt






a) b) c)



31st March 2016


2015



45000000 22000000 15568

-3370986

20000000 48000000 11702

-5205289


43650000 -

9698161 -

20650000 -

6327175 -


2701440 2701440


I


~-~-~

lsg






20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)












20000000 1622950


9900000 9900000





h

i D CLOSING STOCK

l Cars


QTY VALUE QTY

Nos Rs Nos 1765 2684230143 2055

113628535 284770755

1706 2221792138 2104 234094235

175 186960438 126 27568722

116 120446814 175




VALUE

Rs 2954877991

88989770 I

279715720 i

i

2556706978 229090344 i

i

110930582 20128643

186960438 bull i

27568722






--

807780 45635158





f)












--

807780 45635158





f)







Chartered Accountants - Oricon Enterprises limited,oricon ... Auto Services...INDEPENDENT AUDITOR'S...

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Transcript of Chartered Accountants - Oricon Enterprises limited,oricon ... Auto Services...INDEPENDENT AUDITOR'S...