The Management Discussion and Analysis (MDA) should be read in conjunction with the Audited Financial Statements of the Company, and the notes thereto for the year ended 31st March, 2025.
(in Lakhs)
PARTICULARS |
YEAR ENDED | YEAR ENDED |
| 31.03.2025 | 31.03.2024 | |
Revenue from Operations (Net) |
30,185.59 | 17,935.48 |
Other Income |
4.72 | 5.50 |
Total Revenue |
30,190.31 | 17,940.98 |
Less: Expenses |
29,052.35 | 17,522.77 |
Profit before exceptional and extraordinary items and tax |
1,137.96 | 418.21 |
Less: Exceptional Items |
2,541.23 | 39.18 |
Profit before extraordinary items and tax |
(1,403.27) | 379.03 |
Less: Extraordinary Items |
- | - |
Profit before T axation |
(1,403.27) | 379.03 |
Less : Provision for Taxation |
- | |
Current Tax |
- | 116.00 |
Deferred Tax |
(352.60) | (19.43) |
Add/ (Less): MAT credit w/o/ (taken) |
||
Less: Income Tax of earlier year |
4.79 | |
Profit after Taxation |
(1,055.46) | 282.45 |
Business Overview
Our Company is an ISO Certified Company engaged in the manufacturing of flexible packaging material which is multi-functional and caters to the packaging requirements of various industries.
We provide end-to-end solution for various flexible packaging needs. Till year 2015, our company was engaged in the business of trading of flexible packaging material. From 2017, our Company commenced the manufacturing of flexible packaging material. Our Company has set up two manufacturing units, of which “Plant 1” is situated at C44, Phase II, Gautam Budh Nagar - Noida- 201305 with an installed capacity of 540 tones per month which is now destroyed due to major fire accident that took place on 15.02.2025 and “Plant 2” is situated at Plot No. 85 Udhyog Kendra, Noida -201306 with an installed capacity of 540 tones per month.
Manufacturing is emerging as an integral pillar in the countrys economic growth, thanks to the performance of key sectors like automotive, engineering, chemicals, pharmaceuticals, and consumer durables. The Indian manufacturing industry generated 16-17% of Indias GDP prepandemic and is projected to be one of the fastest growing sectors.
Opportunities and Threats
The uncertainties and volatility in the market are a continuing threat to the organizational performance. However, the twin features of foresightedness and focused analysis of the market have challenged the threat of adverse performance.
Performance
Financial Parameters of the Company are provided in the Board report under the head Financial Result and Operations in details. The Company continues to carry on the business of manufacturing.
Risks and Concerns
There are certain internal & external risk factors like we derive majority of our revenue from State of Uttar Pradesh. Such geographical concentration of our business in this region heightens our exposure to adverse developments related to competition, as well as economic and demographic changes in this region which may adversely affect our business prospects, financial conditions and results of operations. Further, the Company is dependent on few numbers of customers for sales. Loss of any of this large customer may affect our revenues and profitability. The Company is dependent on few suppliers for purchase of product. Loss of any of these large suppliers may affect our business operations. Our business is dependent and will continue to depend on our manufacturing facilities, and we are subject to certain risks in our manufacturing process such as the breakdown or failure of equipment, industrial accidents, severe weather conditions and natural disasters.
Major concern occurred when in one of the plant, fire accident took place due to which business operations of the company got temporarily disrupted However, temporary disruption due to fire has already been restored. The management has taken all measures to ensure continuous supplies to the customer without much impacting profitability of the Company. Insurance claim is under process.
Conclusion
Your Company fundamentally has been built on the principle of sound risk management practices, it has successfully weathered the market turbulence and continues to remain resilient. The Audit Committee of the Company reviews the probable risk that may affect the financial position of the Company from time to time. Directors have an overall responsibility for ensuring that the Company has implemented a robust system and framework of internal financial controls. After the company got listed, requirement to appoint internal auditor arised but when the company was planning to appoint the auditor, fire accident took place. However, the Company had already developed and implemented a framework for ensuring internal controls over financial reporting. This framework includes entity-level policies and processes such as code of conduct, confidentiality and whistle blower policy and other polices such as organisation structure, insider trading policy, HR policy, etc. During the year, controls were tested and no reportable material weakness in design and effectiveness was observed.
The company is having sufficient industry professionals to carry out its operations and follows good management practices. These are basically its human resources assets and integral to the Companys ongoing success. They have played a significant role and enabled the Company to deliver superior performance year after year. Board of Directors of the Company is also actively involved in the day-to-day functions of the Company.
FORM CRA-3
[Pursuant to rule 6(4) of the Companies (Cost Records and Audit) Rules, 2014]
FORM OF THE COST AUDIT REPORT
I SOURAB JAIN & Co., having been appointed as auditor(s) under Section 148(3) of the Companies Act, 2013 (18 of 2013) of M/S SATI POLY PLAST LIMITED, having its registered office at D.N. SINGH ROAD, BHAGALPUR, BIHAR-812002, (hereinafter referred to as company), have audited the Cost Records maintained under Section 148 of the said act, in compliance with the cost auditing standards, in respect of the “Plastic & Polymers Products” for the year ended 31st March, 2025 maintained by the company and report, in addition to our observations and suggestions in Para 2.
i. We have obtained all the information and explanations, which to the best of our knowledge and belief were necessary for the purpose of this audit,
ii. In our opinion, proper cost records, as per rule 5 of the Companies (Cost Records and Audit) Rules, 2014 have been maintained by the company in respect of product/services under reference.
iii. In our opinion, proper returns adequate for the purpose of the Cost Audit have been received from the branches not visited by me.
iv. In our opinion and to the best of our information, the said books and records give the information required by the Companies Act, 2013, in the manner so required.
v. In our opinion, company has adequate system of internal audit of cost records which to our
opinion is commensurate to its nature and size of its business.
vi. In our opinion, information, statements in the Annexure to this cost audit report gives a true
and fair view of the cost of production of products/rendering of services, cost of sales, margin and other information relating to products/service under reference.
vii. Detailed unit-wise and product/service-wise cost statements and schedules thereto in respect of the product/service under reference of the company duly audited and certified by us are kept in the company.
2 . Observations and suggestions, if any, of the Cost Auditor, relevant to the cost audit.
ANNEXURE TO THE COST AUDIT REPORT
1. GENERAL INFORMATION
a) CIN No of the company:
U82920BR1999PLC008904
b) Name of the company:
SATI POLY PLAST LIMITED
c) Registered office address:
D.N. SINGH ROAD, BHAGALPUR, BIHAR-812002
d) Corporate office address:
D.N. SINGH ROAD, BHAGALPUR, BIHAR-812002
e) E-mail address of the company:
f) Companys financial year to which the Cost Audit Report relates:
Cost Audit relates for financial year ended 31-03-2025.
g) Name, address, membership number and e-mail of the Cost Auditor(s):
Name |
: SOURAB JAIN |
Add |
: 325, Patel Nagar, |
| Near BSNL Office, New Mandi, | |
| Muzaffarnager-251001 | |
| : sourabjain@yahoo.co.in |
h) SRN Number and date of Filing of Form CRA-2 with the Central Government:
SRN No |
: N30869234 |
Date of Filing |
: 22/05/2025 |
a) Date of Board of Directors meeting wherein the Annexure to the cost audit report were approved:
Cost Audit Report was approved in the Board of Directors meeting held on 06/09/2025.
b) No. of Audit Committee meetings held by the company, and attended by the Cost Auditor during the year: Audit Committee Meeting held by Company is 4 and No of Audit Committee Attend by the Cost Auditor is One.
2. COST ACCOUNTING POLICY
(1) Briefly describe the cost accounting policy adopted by the Company keeping in view the requirements of the Companies (cost Accounting Records) Rules, 2011, the Companies (Cost Audit Report) Rules, 2011, cost accounting standards and its adequacy or otherwise to determine correctly the cost of production/operation, cost of sales, sales realization and margin of the product/activity groups under reference separately for each product/activity group. The policy should cover, inter alia, the following areas:
The process costing system has been adopted by the company. Records for consumption of all Raw materials, Chemicals, Stores and spares, Fuels and Tools are maintained in the respective departments. Salaries and wages are compiled cost center wise. Other expenses which constitute mostly indirect expenses are primarily collected and recorded in the financial accounts under the heads of Factory Accounts. Expenses in each such factory accounts are analyzed under various cost centres and also grouped under Works, Administration and Selling overheads. Cost of service departments and overheads are apportioned to different production cost centres on appropriate basis and accepted principles. Each process represents a sub-division of manufacturing activity and the proforma prescribed under cost accounting records rules are followed.
a) Identification of cost centres/cost objects and cost drivers.
There are various cost centers based upon nature of cost driver and activity to capture various expenses major cost centers such as Printing Division. Company has broadly grouped various cost centers under works, administration & sales & marketing and other overheads.
b) Accounting for material cost including packing materials, stores and spares etc.,
E mployee cost, utilities and other relevant cost components.
The company has integrated accounting system for financial & cost accounts and most of the figures are obtained from basic records maintained cost center wise. The material cost is calculated based on the product wise used to produce the product. The various other elements of cost are collected cost center wise. The production cost, works overheads and administrative overheads are absorbed to the products on the basis of total production during the relevant period.
c) Accounting, allocation and absorption of overheads
The various common expenses are grouped under works, administration & Selling & Distribution overheads. The works and administration overheads are allocated on the basis of conversion cost of cost centers. The conversion cost for cost center is worked out on the basis of production during the period and allocated to the relevant product cost.
d) Accounting for Depreciation/Amortization
WDV (As per useful life prescribed in schedule II to companies act, 2013) of Depreciation is being followed by the company. Depreciation is being booked and collected cost center wise. Depreciation relating to Production, works and administration cost is being absorbed to products on the basis of total production.
e) Accounting for by-products/joint-products, scarps, wastage etc.
There are no by product/ joint product emerging out of the process and are being reconsumed in the manufacturing process & wastage are being disposed off.
f) Basis for Inventory Valuation
Inventories are valued at Cost or Net Realizable Value which ever is lower . The cost of inventories comprises of cost of purchase, cost of conversion and other costs incurred in bringing the inventories to their present location and condition.
g) Methodology for valuation of Inter-Unit/Inter Company and Related Party transactions.
Yes, related party transactions were entered into during the period under reporting.
h) Treatment of abnormal and non-recurring costs including classification of other non-cost items.
There is no such abnormal and non recurring cost during the period under reporting.
i) In case the Company has adopted IFRS, variations (if any) in treatment of cost accounting arising out of adoption of IFRS in Financial Accounting.
Not applicable in the year under reporting.
j) Other relevant cost accounting policy adopted by the Company
Nil
Briefly specify the changes, if any, made in the cost accounting policy for the product/activity group(s) under audit during the current financial year as compared to the previous financial year.
Company has adopted WDV of depreciation. During the year company has adopted Cost Accounting Standards which has become mandatory by The Institute of Cost Accountants of India.
(3) Observations of the Cost Auditor regarding adequacy or otherwise of the Budgetary Control System, if any, followed by the company.
Adequate Budgetary Control System exists in the company and actual performance is compared with the budget periodically.
SATI POLY PLAST LIMITED CIN NO.- U82920BR1999PLC008904 D.N. SINGH ROAD, BHAGALPUR, BHAGALPUR, BIHAR-821002
PRODUCT GROUP DETAILS FOR THE YEAR ENDED 31st MARCH 2025
Sl. No. |
Name of each Products | Name of Products/ Activity included in the product Group | Net Sales (In Rs.) (Net of duties, taxes, etc.) | Covered Under Cost Audit (Yes/No) |
A) |
Manufactured Products Group: | |||
| 1.PLASTICS AND POLYMERS (3901) | 1 .PLASTICS AND POLYMERS (3901) | 2,10,19,45,397.65 | Yes | |
| 2. PLASTICS AND POLYMERS (3920) | 2. PLASTICS AND POLYMERS (3920) | 91,66,13,840.19 | Yes | |
| Sub-Total (a) | 3,01,85,59,237.84 | |||
B) |
Service Group: | |||
| 1 | - | |||
| 2 | - |
|||
| 3 | - |
|||
| 4 | - | |||
| Sub-Total (b) | - | |||
C) |
Trading Activity (Products Group wise) | |||
| 1 | - | |||
| 2 | - | |||
| 3 | - | |||
| 4 | - | |||
| Sub-Total (c) | - | |||
D) |
Other Income | 4,72,148.61 | ||
E) |
Total income as per audited annual report(A+B+C+D) | 3,01,90,31,386.45 |
SATI POLY PLAST LIMITED CIN NO.- U82920BR1999PLC008904 D.N. SINGH ROAD, BHAGALPUR, BHAGALPUR, BIHAR-821002 QUANTITATIVE INFORMATION FOR THE YEAR ENDED 31st MARCH 2025
Name of the Company |
SATI POLY PLAST LIMITED |
||
Name of the Product Group |
PLASTICS AND POLYMERS |
||
Name of the Products covered in the Product Group |
PLASTICS AND POLYMERS |
||
Financial Year |
For 2024-25 |
||
Particulars |
Unit | 2024-25 | |
1) Available Capacity |
|||
a) Installed capacity |
KG | 1,80,00,000 | |
b) Capacity enhanced during the year, if any |
- | ||
c) Capacity available through leasing arrangement if. |
- | ||
d) Capacity available through loan licence/ third party etc. |
- | ||
e) Total available capacity |
KG | 1,80,00,000 | |
2) Actual Production |
|||
a) Self manufactured |
KG | 1,78,64,244 | |
b) Produced under leasing agreements |
- | ||
c) Produced on loan licence/ by third party on job work |
- | ||
d) T otal Production |
KG | 1,78,64,244 | |
3) Production as per GST records |
KG | 1,78,64,244 | |
4) Capacity utilisation (in-house) |
99% | ||
5) FG Stock Purchased fot trading |
|||
a) Domestic purchases |
|||
b) Imports |
- | ||
c) Total Purchases |
- | ||
6) Stock and Other Adjustments |
|||
a) Change in stock of finished goods |
KG | 64,476 | |
i) Opening Stock of FG |
KG | 1,15,700 | |
ii) Closing Stock of FG |
KG | 51,224 | |
b) Self/ captive consumption ( Incl. samples) |
- | ||
c) Other quantitative adjustments, if any (Trading Op. & Cl.) |
- | ||
d) Total adjustments |
KG | 64,476 | |
7) Total available quantity for sale |
KG | 1,79,28,720 | |
8) Total Sales |
|||
a) Domestic sales ( manufacturing) |
KG | 1,69,31,632 | |
b) Domestic sales ( trading) |
|||
c) Export sales ( manufacturing) |
KG | 9,97,088 | |
d) Export sales ( trading) |
- | ||
Total quantity sold |
KG | 1,79,28,720 | |
SATI POLY PLAST LIMITED CIN NO.- U82920BR1999PLC008904 D.N. SINGH ROAD, BHAGALPUR, BHAGALPUR, BIHAR-821002 QUANTITATIVE INFORMATION FOR THE YEAR ENDED 31st MARCH 2025
Name of the Company |
SATI POLY PLAST LIMITED |
||
Name of the Product Group |
PLASTICS AND POLYMERS |
||
Name of the Products covered in the Product Group |
PLASTICS AND POLYMERS |
||
Financial Year |
For 2024-25 |
||
Particulars |
Unit | 2024-25 | |
1) Available Capacity |
|||
a) Installed capacity |
KG | 6,00,00,000 | |
b) Capacity enhanced during the year, if any |
- | ||
c) Capacity available through leasing arrangement if. |
- | ||
d) Capacity available through loan licence/ third party etc. |
- | ||
e) Total available capacity |
KG | 6,00,00,000 | |
2) Actual Production |
|||
a) Self manufactured |
KG | 52,67,290 | |
b) Produced under leasing agreements |
- | ||
c) Produced on loan licence/ by third party on job work |
- | ||
d) T otal Production |
KG | 52,67,290 | |
3) Production as per GST records |
KG | 52,67,290 | |
4) Capacity utilisation (in-house) |
9% | ||
5) FG Stock Purchased fot trading |
|||
a) Domestic purchases |
|||
b) Imports |
- | ||
c) Total Purchases |
- | ||
6) Stock and Other Adjustments |
|||
a) Change in stock of finished goods |
KG | - | |
i) Opening Stock of FG |
KG | - | |
ii) Closing Stock of FG |
KG | - | |
b) Self/ captive consumption ( Incl. samples) |
- | ||
c) Other quantitative adjustments, if any (Trading Op. & Cl.) |
- | ||
d) Total adjustments |
KG | - | |
7) Total available quantity for sale |
KG | 52,67,290 | |
8) Total Sales |
|||
a) Domestic sales ( manufacturing) |
KG | 51,14,025 | |
b) Domestic sales ( trading) |
|||
c) Export sales ( manufacturing) |
KG | 1,53,265 | |
d) Export sales ( trading) |
- | ||
Total quantity sold |
KG | 52,67,290 | |
SATI POLY PLAST LIMITED CIN NO.- U82920BR1999PLC008904 D.N. SINGH ROAD, BHAGALPUR, BHAGALPUR, BIHAR-821002 ABRIDGED COST STATEMENTS OF PLASTICS AND POLYMERS FOR THE YEAR ENDED 31st
MARCH 2025
Sl. No. |
Particulars |
Units |
Qty |
Rate |
Amount | Rate |
| (In Rs) | 2024-25 | |||||
1 |
Materials Consumed: | |||||
| a) Indigenous | - | - | ||||
| b) Impoted | - | - | ||||
| c) Self manufactured / produced | - | - | ||||
2 |
Process materials / chemicals | - | - | |||
3 |
Utilities: - Power Purchase | 3,00,39,274.67 | 1.68 | |||
4 |
Power Generated From DG | - | - | |||
5 |
Direct employees cost | 3,05,98,567.29 | 1.71 | |||
6 |
Direct expenses | - | - | |||
7 |
Consumable stores & spares | 1,75,78,61,238.36 | 98.40 | |||
8 |
Repairs & maintenance | 70,36,368.47 | 0.39 | |||
9 |
Packing Material | - | - | |||
10 |
Admn. overheads | 51,76,338.65 | 0.29 | |||
11 |
Interest & financing charges | 1,13,79,160.85 | 0.64 | |||
12 |
Depreciation / amortization | 2,23,01,120.29 | 1.25 | |||
13 |
Other Production cverheads | 15,57,61,206.29 | 8.72 | |||
14 |
Total expenses | KG | 1,78,64,244 | 113.08 | 2,02,01,53,274.86 | 113.08 |
15 |
Add / less: w.i.p (adjustments) | - | - | (1,92,37,276.31) | - | |
16 |
Less: Credits, if any | - | - | - | - | |
17 |
Other Credit | - | - | |||
18 |
Cost of production | KG | 1,78,64,244 | 112.01 | 2,00,09,15,998.55 | 112.01 |
19 |
Inc./ dec. in stocks of finished goods | KG | 64,476 | 260.94 | 1,68,24,065.99 | 0.94 |
20 |
Less: captive consumption ( incl. samples) | - | - | - | - | |
21 |
Other adjustments | - | - | - | - | |
22 |
Cost of production/ services / goods sold | KG | 1,79,28,720 | 112.54 | 2,01,77,40,064.54 | 112.54 |
23 |
Admn. overheads | - | - | |||
24 |
Secondary packing cost | - | - | |||
25 |
Selling & distribution overheads | 45,73,476.97 | 0.26 | |||
26 |
Interest & financing charges | - | - | |||
27 |
Cost of sales | KG | 1,79,28,720 | 112.80 | 2,02,23,13,541.51 | 112.80 |
28 |
Net sales realization (net of taxes & duties) | KG | 1,79,28,720 | 117.24 | 2,10,19,45,397.65 | 117.24 |
29 |
Margin as per cost accounts | KG | 1,79,28,720 | 4.44 | 7,96,31,856.14 | 4.44 |
SATI POLY PLAST LIMITED CIN NO.- U82920BR1999PLC008904 D.N. SINGH ROAD, BHAGALPUR, BHAGALPUR, BIHAR-821002 ABRIDGED COST STATEMENTS OF PLASTICS AND POLYMERS FOR THE YEAR ENDED 31st
MARCH 2025
SATI POLY PLAST LIMITED CIN NO.- U82920BR1999PLC008904 D.N. SINGH ROAD, BHAGALPUR, BHAGALPUR, BIHAR-821002 PROFIT RECONCILIATION FOR THE YEAR ENDED 31st MARCH 2025
Sl. No. |
Particulars | 2024-25 | |
1 |
Profit as per cost accounts | 11,08,64,081.02 | |
| a) For the audited product groups | 11,08,64,081.02 | ||
| b) For the unaudited product groups | - | ||
2 |
Add: Income not considered in cost A/c | 4,72,148.61 | |
| a) Interest on FDRs | 43,094.00 | ||
| b) PMPRY Remitance | - | ||
| c) Exchange Rate Fluctuation | - | ||
| d) Short & Excess | - | ||
| e) MEIS | - | ||
| f) Bad Debts Recovered | - | ||
| g) Discount on license Purchase | - | ||
| h) Other Interest | 2,38,821.03 | ||
| i) Discount Received | 1,90,233.58 | ||
| j) Profit on Sale of Plant & Equipments | - | ||
| k) Interest on Income T ax Refund | - | ||
| l) Duty Drawback | - | ||
| m) Insurance Claim | - | ||
| n) Lc Discounting Charges | - | ||
| o) Sundry Balance - Write off | - | ||
| p) Profit on sale of D.G Set | - | ||
3 |
Less: Exp. not considered in cost A/c | - | |
| a) Interest on TDS | - | ||
| b) Donation & Charity Exp. | - | ||
| c) Short & Excess | - | ||
| d) Loss of Cash by theft | - | ||
| e) Exchange Rate Fluctuation | - | ||
| f) Petty Balance w/o | - | ||
| g) Development exp. | - | ||
| i) Captive consumption | - | ||
4 |
Add: over valuation of closing stock in financial accounts | 24,58,405.99 | |
5 |
Add: under valuation of opening stock in financial accounts | - | |
6 |
Less: under valuation of closing stock in financial accounts | - | |
7 |
Less: over valuation of opening stock in financial accounts | - | |
8 |
Adjustments for others, if any (Stock) | - | |
9 |
Profit/Loss as per financial accounts | 11,37,94,635.62 | |
| As per P & L | 11,37,94,635.62 |
SATI POLY PLAST LIMITED CIN NO.- U82920BR1999PLC008904 D.N. SINGH ROAD, BHAGALPUR, BHAGALPUR, BIHAR-821002 VALUE ADDITION AND DISTRIBUTION OF EARNINGS
FOR THE YEAR ENDED 31st MARCH 2025
Sl. No. |
Particulars | 2024-25 | |
A. |
Value Addition | ||
1 |
Gross sales (excluding returns) | 3,01,85,59,237.84 | |
2 |
Less: excise duty etc. | - | |
3 |
Net sales | 3,01,85,59,237.84 | |
4 |
Add: export incentives | - | |
5 |
Adjustments in stocks | 2,79,53,045.65 | |
6 |
Less: cost of bought out materials and services | 2,80,44,65,124.15 | |
(a) |
Cost of Materials Consumed | 2,52,44,27,269.05 | |
(b) |
Purchase of Stock-in-Traded | - | |
(c) |
Consumption of Stores & Spares | 1,75,78,61,238.36 | |
(d) |
Utilities (e.g. power & fuel) | 3,88,96,383.67 | |
(e) |
Others, if any | (1,51,67,19,766.93) | |
7 |
Value added | 18,61,41,068.04 | |
8 |
Add: Income from any other source | 4,72,148.61 | |
9 |
Earnings available for distribution | 18,66,13,216.65 | |
b. |
Distribution of earnings to: | ||
1 |
Employees as salaries and wages, retirement benefits etc. | 4,39,41,953.99 | |
2 |
Shareholders as dividend | - | |
3 |
Retained funds as depreciation etc. | - | |
4 |
Government as taxes (specify) | - | |
5 |
Others if any( specify) | - | |
| Depriciation | 2,88,76,627.04 | ||
| Profit before taxes | 11,37,94,635.62 | ||
6 |
Total distribution of earnings | 18,66,13,216.65 |
SATI POLY PLAST LIMITED CIN NO.- U82920BR1999PLC008904 D.N. SINGH ROAD, BHAGALPUR, BHAGALPUR, BIHAR-821002 FINANCIAL POSITION AND RATIO ANALYSIS FOR THE YEAR ENDED 31st MARCH 2025
Sl. No. |
Particulars |
Units | 2024-25 | |
For the product under reference |
||||
A |
Financial Position | |||
1 |
Paid up captial | Rs | 4,94,70,000.00 | |
2 |
Reserves & surplus | Rs | 11,21,54,875.99 | |
3 |
Loans (Secured & unsecured) | Rs | 5,33,62,156.70 | |
4 |
a) Gross fixed assets | Rs | - | |
| b) Net fixed assets | Rs | 5,89,28,126.38 | ||
5 |
a) T otal current assets less Current Investment | Rs | 50,05,89,054.89 | |
| b) Less: current liabilities & provisions less short term borrowing | Rs | 29,29,11,338.18 | ||
| c) Net current assets | Rs | 20,76,77,716.71 | ||
6 |
Captial employed | Rs | 16,16,24,875.99 | |
7 |
Net worth | Rs | 21,80,29,837.69 | |
B |
Financial Performance | |||
1 |
Cost of production | Rs | 2,87,93,41,006.60 | |
2 |
Cost of sales | Rs | 2,90,76,95,156.82 | |
3 |
Net sales | Rs | 3,01,85,59,237.84 | |
4 |
Value added | Rs | 18,61,41,068.04 | |
5 |
Profit before tax (PBT) | Rs | 11,37,94,635.62 | |
C |
Profitability Ratios | |||
1 |
PBT to captial employed (B5/A6) | % | 70.41 | |
2 |
PBT to net worth (B5/A7) | % | 52.19 | |
3 |
PBT to net sales (B5/B3) | % | 3.77 | |
4 |
PBT to net value added (B5/B4) | % | 61.13 | |
D |
Other Financial Ratios | |||
1 |
Debt-equity ratio | % | 33.02 | |
2 |
Current assets to current liabilities | % | 170.90 | |
3 |
Value added to Net Sales | % | 6.17 | |
E |
Working Captial Ratios | |||
1 |
Net working capital to cost of sales excl. depreciation. | Months | 0.87 | |
2 |
Raw materials stock to consumption | Months | 1.70 | |
3 |
Stores & spares to consumption | Months | - | |
4 |
Work-in-progress stock to cost of production | Months | 0.21 | |
5 |
Finished goods stock to cost of sales. | Months | 0.03 | |
SATI POLY PLAST LIMITED CIN NO.- U82920BR1999PLC008904 D.N. SINGH ROAD, BHAGALPUR, BHAGALPUR, BIHAR-821002
RELATED PARTY TRANSACTIONS FOR THE YEAR ENDED 31st MARCH 2025
| Basis | |||||||||
Sl. No. |
Name and address of related party | CIN NO. | Name of the product/ service groups | Nature of Transaction | Quantity In K.G. | Transfer
Price |
Amount In Rs. | Normal
Price |
adopted to determine the Normal |
| Price | |||||||||
1 |
OSHA TRADEFLEX PVT. LTD. | U82920BR1999PLC00
8904 |
POLYESTER | SALES | 8,41,647.73 | 120.67 | 10,15,64,140 | 120.67 | Market Price |
2 |
OSHA TRADEFLEX PVT. LTD. | U82920BR1999PLC00
8904 |
PRINTED
LAMINATED FILM |
PURCHASE | 34,029.02 | 151.26 | 51,47,180 | 151.26 | Market Price |
Indirect Tax Reconciliation
Sl. No. |
Particulars |
Taxable Value/ Assessable Value |
Goods & Service Tax |
|||
| CGST | SGST/UTGST | IGST | Cess | |||
| Rs. | Rs. | Rs. | Rs. | Rs. | ||
| Duties/ Taxes Payable | ||||||
A |
Excise Duty | |||||
1 |
Domestic | |||||
2 |
Export | |||||
3 |
Stock Transfers | |||||
4 |
Others, if any | |||||
5 |
Total Excise Duty (1 to 4) | |||||
6 |
VAT, CST, Cess etc. | |||||
7 |
Other State Taxes, if any | |||||
B |
Goods & Service Tax | |||||
8 |
Outward Taxable Supplies (other than zero rated, Nil Rated, Exempted and Non-GST Supplies) | 2,99,22,02,711 | 5,99,66,950 | 5,99,66,950 | 41,86,57,614 | - |
9 |
Outward Taxable Supplies (Zero Rated) | 2,63,51,423 | ||||
10 |
Inward Supplies (liable to Reverse Charge) | 2,58,44,220 | 2,91,582 | 2,91,582 | 10,28,142 | - |
11 |
Other Outward Supplies (Nil Rated, Exempted) | |||||
12 |
Non-GST Outward supplies | |||||
13 |
Total (8 to 12) | 3,04,43,98,354 | 6,02,58,532 | 6,02,58,532 | 41,96,85,756 | - |
14 |
Total Duties/ Taxes payable (5+6+7+13) | 6,02,58,532 | 6,02,58,532 | 41,96,85,756 | - | |
C |
Duties/ Taxes Paid (by Utilization of Input Tax Credit and Payment through Cash Ledger, as the case may be) | |||||
D |
Input Tax Credit Utilized | |||||
15 |
CGST/ CENVAT | 2,38,82,143 | 3,05,445 | - | ||
16 |
SGST/ UTGST/ VAT | 3,04,27,193 | 76,75,078 | - | ||
17 |
IGST | 3,22,86,220 | 2,39,91,852 | 40,93,37,596 | - | |
18 |
Cess | |||||
19 |
Transitional Credit | |||||
20 |
Others if any, specify | |||||
21 |
Total Input Tax credit utilized (15 to 20) | 5,61,68,363 | 5,44,19,045 | 41,73,18,119 | - | |
22 |
Payments through cash ledger | 40,90,169 | 58,39,487 | 23,67,637 | - | |
23 |
Total Duties/ Taxes Paid (21+22) | 6,02,58,532 | 6,02,58,532 | 41,96,85,756 | - | |
E |
Difference between Taxes paid and Payable (1423) | - | - | - | - | |
24 |
Interest/ Penalty/ Fines paid | |||||
(Annexure- IV)
FORM NO. AOC -2
(Pursuant to clause (h) of sub-section (3) of section 134 of the Act and Rule 8(2) of the Companies
(Accounts) Rules, 2014.
Form for Disclosure of particulars of contracts/arrangements entered into by the company with related parties referred to in sub section (1) of section 188 of the Companies Act, 2013 including certain arms length transaction under third proviso thereto.
1. Details of contracts or arrangements or transactions not at Arms length basis:
Particulars |
Details |
(a) Name(s) of the related party and nature of relationship |
Not Applicable |
(b) Nature of contracts/arrangements/transactions |
|
(c) Duration of the contracts / arrangements/transactions |
|
(d) Salient terms of the contracts or arrangements or transactions including the value, if any |
|
(e) Justification for entering into such contracts or arrangements or transactions |
|
(f) date(s) of approval by the Board |
|
(g) Amount paid as advances, if any: |
|
(h) Date on which the special resolution was passed in general meeting as required under first proviso to section 188 |
2. Details of contracts or arrangements or transactions at Arms length basis:
Sr. No |
Particulars |
Details | |||
Name (s) of the related party & nature of relationship |
Osho Tradeflex Private Limited | ||||
Nature of contracts/arrangements/transaction |
Sales | ||||
Duration of the contracts/arrangements/transaction |
Throughout the year | ||||
1. |
Salient terms of contracts or arrangements or transaction including the value, if any |
Rs. 1015.64 (in Lakhs) | |||
Justification for entering into such contracts or arrangements or transaction |
NA | ||||
Date of approval by the Board |
11.07.2024 | ||||
Amount paid as advances, if any |
NIL | ||||
Date on which the special resolution was passed in General meeting as required under first proviso to section 188 |
11.07.2024 |
||||
Name (s) of the related party & nature of relationship |
Osho Tradeflex Private Limited |
||||
Nature of contracts/arrangements/transaction |
Purchase |
||||
Duration of the contracts/arrangements/transaction |
Throughout the year |
||||
2. |
Salient terms of contracts or arrangements or transaction including the value, if any |
Rs. 55.28 (in Lakhs) |
|||
Justification for entering into such contracts or arrangements or transaction |
NA |
||||
Date of approval by the Board |
11.07.2024 |
||||
Amount paid as advances, if any |
NIL |
||||
Date on which the special resolution was passed in General meeting as required under first proviso to section 188 |
11.07.2024 |
||||
3. |
Name (s) of the related party & nature of relationship |
Balmukund Jhunjhunwala |
|||
Nature of contracts/arrangements/transaction |
Loan Taken |
||||
Duration of the contracts/arrangements/transaction |
Throughout the year |
||||
Salient terms of contracts or arrangements or transaction including the value, if any |
Rs. 43.97 (in Lakhs) |
||||
Justification for entering into such contracts or arrangements or transaction |
NA |
||||
Date of approval by the Board |
NA |
||||
Amount paid as advances, if any |
NIL |
||||
Date on which the special resolution was passed in General meeting as required under first proviso to section 188 |
NA |
||||
4. |
Name (s) of the related party & nature of relationship |
Aditya Jhunjhunwala |
|||
Nature of contracts/arrangements/transaction |
Loan Taken |
||||
Duration of the contracts/arrangements/transaction |
Throughout the year |
||||
Salient terms of contracts or arrangements or transaction including the value, if any |
Rs. 5.90 (in Lakhs) |
||||
Justification for entering into such contracts or arrangements or transaction |
NA |
||||
Date of approval by the Board |
NA |
||||
Amount paid as advances, if any |
NIL |
||||
Date on which the special resolution was passed in General meeting as required under first proviso to section 188 |
NA |
||||
5 |
Name (s) of the related party & nature of relationship |
Balmukund Jhunjhunwala |
|||
Nature of contracts/arrangements/transaction |
Loan Repaid |
||||
Duration of the contracts/arrangements/transaction |
Throughout the year |
||||
Salient terms of contracts or arrangements or transaction including the value, if any |
Rs. 397.75 (in Lakhs) |
||||
Justification for entering into such contracts or arrangements or transaction |
NA |
||||
Date of approval by the Board |
NA |
||||
Amount paid as advances, if any |
NIL |
||||
Date on which the special resolution was passed in General meeting as required under first proviso to section 188 |
NA |
||||
6. |
Name (s) of the related party & nature of relationship |
Aditya Jhunjhunwala |
|||
Nature of contracts/arrangements/transaction |
Loan Repaid |
||||
Duration of the contracts/arrangements/transaction |
Throughout the year |
||||
Salient terms of contracts or arrangements or transaction including the value, if any |
Rs. 56.00 (in Lakhs) |
||||
Justification for entering into such contracts or arrangements or transaction |
NA |
||||
Date of approval by the Board |
NA |
||||
Amount paid as advances, if any |
NIL |
||||
Date on which the special resolution was passed in General meeting as required under first proviso to section 188 |
NA |
||||
7. |
Name (s) of the related party & nature of relationship |
Anita Jhunjhunwala |
|||
Nature of contracts/arrangements/transaction |
Loan Repaid |
||||
Duration of the contracts/arrangements/transaction |
Throughout the year |
||||
Salient terms of contracts or arrangements or transaction including the value, if any |
Rs. 38.53 (in Lakhs) |
||||
Justification for entering into such contracts or arrangements or transaction |
NA |
||||
Date of approval by the Board |
NA |
||||
Amount paid as advances, if any |
NIL |
||||
Date on which the special resolution was passed in General meeting as required under first proviso to section 188 |
NA |
||||
8. |
Name (s) of the related party & nature of relationship |
Swati Aggarwal |
|||
Nature of contracts/arrangements/transaction |
Loan Repaid |
||||
Duration of the contracts/arrangements/transaction |
Throughout the year |
||||
Salient terms of contracts or arrangements or transaction including the value, if any |
Rs. 5.40 (in Lakhs) |
||||
Justification for entering into such contracts or arrangements or transaction |
NA |
||||
Date of approval by the Board |
NA |
||||
Amount paid as advances, if any |
NIL |
||||
Date on which the special resolution was passed in General meeting as required under first proviso to section 188 |
NA |
||||
9. |
Name (s) of the related party & nature of relationship |
Balmukund Jhunjhunwala HUF |
|||
Nature of contracts/arrangements/transaction |
Loan Repaid |
||||
Duration of the contracts/arrangements/transaction |
Throughout the year |
||||
Salient terms of contracts or arrangements or transaction including the value, if any |
Rs. 55.96 (in Lakhs) |
||||
Justification for entering into such contracts or arrangements or transaction |
NA |
||||
Date of approval by the Board |
NA |
||||
Amount paid as advances, if any |
NIL |
||||
Date on which the special resolution was passed in General meeting as required under first proviso to section 188 |
NA |
||||
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