ALF ENGINEERING PRIVATE LIMITED

Standalone Financial Statements for period 01/04/2023 to 31/03/2024

(generated by PrivateCircle)

[110000] Balance sheet

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023 FY 2022
Balance sheet [Abstract]
Assets [Abstract]
Non-current assets [Abstract]
Property, plant and equipment 37,915.11 26,156.1 20,435.32
Capital work-in-progress 1,456.73 2,490.11
Other intangible assets 0 0 0
Non-current financial assets [Abstract]
Non-current investments 0 0
Loans, non-current 91.5 167
Other non-current financial assets 1,168.38 727.84
Total non-current financial assets 1,259.88 894.84
Deferred tax assets (net) 0 0
Other non-current assets 0 0
Total non-current assets 40,631.72 29,541.05
Current assets [Abstract]
Inventories 0 0
Current financial assets [Abstract]
Current investments 0 0
Trade receivables, current 3,329.5 8,400.49
Cash and cash equivalents 4,535.93 1,385.66
Bank balance other than cash and cash equivalents 0.53 1.85
Loans, current 79.53 77.01
Other current financial assets 9,157.97 8,984.04
Total current financial assets 17,103.46 18,849.05
Current tax assets 13,703.32 10,579.39
Other current assets 31,705.47 19,581.09
Total current assets 62,512.25 49,009.53
Total assets 103,143.97 78,550.58
Equity and liabilities [Abstract]
Equity [Abstract]
Equity attributable to owners of parent [Abstract]
Equity share capital 1,200 1,200 1,200
Other equity 48,489.65 39,836.04
Total equity attributable to owners of parent 49,689.65 41,036.04
Non controlling interest 0 0
Total equity 49,689.65 41,036.04
Liabilities [Abstract]
Non-current liabilities [Abstract]
Non-current financial liabilities [Abstract]
Borrowings, non-current 24,394.43 16,045.98
Other non-current financial liabilities 415.36 495.39
Total non-current financial liabilities 24,809.79 16,541.37
Provisions, non-current 139.53 124.9
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Deferred tax liabilities (net) 363.54 130.7

Total non-current liabilities 25,312.86 16,796.97
Current liabilities [Abstract]
Current financial liabilities [Abstract]
Borrowings, current 0 0
Trade payables, current 12,704.34 8,037.28
Other current financial liabilities 1,902.12 2,180.29
Total current financial liabilities 14,606.46 10,217.57
Provisions, current 13,535 10,500
Total current liabilities 28,141.46 20,717.57
Total liabilities 53,454.32 37,514.54
Total equity and liabilities 103,143.97 78,550.58

2
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[210000] Statement of profit and loss

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Statement of profit and loss [Abstract]
Income [Abstract]
Revenue from operations 158,143.26 139,200.6
Other income 1,923.16 773.53
Total income 160,066.42 139,974.13
Expenses [Abstract]
Cost of materials consumed 111,917.14 100,334.07
Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
Employee benefit expense 20,401.9 17,100.59
Finance costs 2,413.83 1,892.11
Depreciation, depletion and amortisation expense 4,170.61 3,307.19
Other expenses 9,189.81 7,273.91
Total expenses 148,093.29 129,907.87
Profit before exceptional items and tax 11,973.13 10,066.26
Total profit before tax 11,973.13 10,066.26
Tax expense [Abstract]
Current tax 3,035 2,500
Deferred tax 232.87 82.45
Total tax expense 3,267.87 2,582.45
Total profit (loss) for period from continuing operations 8,705.26 7,483.81
Total profit (loss) for period 8,705.26 7,483.81
Comprehensive income OCI components presented net of tax [Abstract]
Whether company has other comprehensive income OCI components presented net of tax No No
Other comprehensive income net of tax [Abstract]
Other comprehensive income that will not be reclassified to profit or loss, net of tax, others 0 0
Total other comprehensive income that will not be reclassified to profit or loss, net of tax 0 0
Other comprehensive income that will be reclassified to profit or loss, net of tax, others 0 0
Total other comprehensive income that will be reclassified to profit or loss, net of tax 0 0
Total other comprehensive income 0 0
Total comprehensive income 8,705.26 7,483.81
Comprehensive income OCI components presented before tax [Abstract]
Whether company has comprehensive income OCI components presented before tax No No
Other comprehensive income before tax [Abstract]
Total other comprehensive income 0 0
Total comprehensive income 8,705.26 7,483.81

Earnings per share [Table]

Unless otherwise specified, all monetary values are in Lakhs of INR
Classes of equity share capital [Axis] Equity shares 1 [Member]
Period FY 2024 FY 2023
Earnings per share [Abstract]
Earnings per share [Line items]
Basic earnings per share [Abstract]
Basic earnings (loss) per share from continuing operations [INR/shares] 0 [INR/shares] 0
Basic earnings (loss) per share from discontinued operations [INR/shares] 0
Total basic earnings (loss) per share [INR/shares] 0 [INR/shares] 0
Diluted earnings per share [Abstract]
Diluted earnings (loss) per share from continuing operations [INR/shares] 0 [INR/shares] 0
Diluted earnings (loss) per share from discontinued operations [INR/shares] 0
Total diluted earnings (loss) per share [INR/shares] 0 [INR/shares] 0

3
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[210000a] Statement of profit and loss

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Other comprehensive income that will be reclassified to profit or loss, net of tax, others [Abstract]
Other comprehensive income that will be reclassified to profit or loss, net of tax, others [Line items]
Other comprehensive income that will be reclassified to profit or loss, net of tax, others 0 0
Other comprehensive income that will not be reclassified to profit or loss, net of tax, others [Abstract]
Other comprehensive income that will not be reclassified to profit or loss, net of tax, others [Line items]
Other comprehensive income that will not be reclassified to profit or loss, net of tax, others 0 0

4
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[310000] Cash flow statement,direct

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023 FY 2022
Statement of cash flows [Abstract]
Whether cash flow statement is applicable on company Yes Yes
Cash flows from used in operating activities [Abstract]
Net cash flows from (used in) operations 14,833.17 12,097.02
Income taxes paid (refund) 2,390.79 1,454.27
Net cash flows from (used in) operating activities 12,442.38 10,642.75
Cash flows from used in investing activities [Abstract]
Proceeds from sales of property, plant and equipment -14,857.37 -10,651.13
Proceeds from sales of other long-term assets -164.71 -2,902.92
Interest received 30.46 13.69
Other inflows (outflows) of cash -274.25 -337.26
Net cash flows from (used in) investing activities -15,265.87 -13,877.62
Cash flows from used in financing activities [Abstract]
Proceeds from borrowings 8,348.45 5,563.73
Interest paid 2,374.69 1,847.62
Net cash flows from (used in) financing activities 5,973.76 3,716.11
Net increase (decrease) in cash and cash equivalents before effect of exchange rate
changes 3,150.27 481.24
Net increase (decrease) in cash and cash equivalents 3,150.27 481.24
Cash and cash equivalents cash flow statement at end of period 4,535.93 1,385.66 904.42

5
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[320000] Cash flow statement, indirect

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023 FY 2022
Statement of cash flows [Abstract]
Whether cash flow statement is applicable on company Yes Yes
Cash flows from used in operating activities [Abstract]
Profit before tax 11,973.13 10,066.26
Adjustments for reconcile profit (loss) [Abstract]
Adjustments for finance costs -641.25 -447.54
Adjustments for decrease (increase) in inventories -11,723.55 -2,838.63
Adjustments for decrease (increase) in trade receivables, current 5,070.99 1,291.57
Adjustments for decrease (increase) in other current assets -168.82 -19.57
Adjustments for decrease (increase) in other non-current assets -14.57 36.89
Adjustments for other financial assets, non-current -396.11 -223.18
Adjustments for increase (decrease) in trade payables, current 4,667.06 -1,155.69
Adjustments for increase (decrease) in other current liabilities -278.17 372.86
Adjustments for depreciation and amortisation expense 4,170.61 3,307.19
Adjustments for provisions, current -14.62 -1.07
Adjustments for interest income -2,360.17 -1,876.57
Other adjustments for non-cash items -171.7 -168.64
Total adjustments for reconcile profit (loss) 2,860.04 2,030.76
Net cash flows from (used in) operations 14,833.17 12,097.02
Income taxes paid (refund) 2,390.79 1,454.27
Net cash flows from (used in) operating activities 12,442.38 10,642.75
Cash flows from used in investing activities [Abstract]
Proceeds from sales of property, plant and equipment -14,857.37 -10,651.13
Proceeds from sales of other long-term assets -164.71 -2,902.92
Interest received 30.46 13.69
Other inflows (outflows) of cash -274.25 -337.26
Net cash flows from (used in) investing activities -15,265.87 -13,877.62
Cash flows from used in financing activities [Abstract]
Proceeds from borrowings 8,348.45 5,563.73
Interest paid 2,374.69 1,847.62
Net cash flows from (used in) financing activities 5,973.76 3,716.11
Net increase (decrease) in cash and cash equivalents before effect of exchange rate
changes 3,150.27 481.24
Net increase (decrease) in cash and cash equivalents 3,150.27 481.24
Cash and cash equivalents cash flow statement at end of period 4,535.93 1,385.66 904.42

6
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[400100] Notes - Equity share capital

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Disclosure of public offering [Abstract]
Whether money raised from public offering during year No No

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

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of equity share capital [Axis] Equity shares [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of classes of equity share capital [Abstract]
Disclosure of classes of equity share capital [Line items]
Number of shares authorised [shares] 1,200,000 [shares] 1,200,000
Value of shares authorised 1,200 1,200
Number of shares issued [shares] 1,200,000 [shares] 1,200,000
Value of shares issued 1,200 1,200
Number of shares subscribed and fully paid [shares] 1,200,000 [shares] 1,200,000
Value of shares subscribed and fully paid 1,200 1,200
Number of shares subscribed but not fully paid [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0
Total number of shares subscribed [shares] 1,200,000 [shares] 1,200,000
Total value of shares subscribed 1,200 1,200
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 1,200,000 [shares] 1,200,000
Value of shares called 1,200 1,200
Value of shares paid-up 1,200 1,200
Reconciliation of number of shares outstanding [Abstract]
Changes in number of shares outstanding [Abstract]
Total increase (decrease) in number of shares outstanding [shares] 0 [shares] 0
Number of shares outstanding at end of period [shares] 1,200 [shares] 1,200 [shares] 1,200
Reconciliation of value of shares outstanding [Abstract]
Changes in equity share capital [Abstract]
Total increase (decrease) in share capital 0 0
Equity share capital at end of period 1,200 1,200 1,200
Details of application money received for allotment of securities and due for refund
and interest accrued thereon [Abstract]
Application money received for allotment of securities and due for refund and
interest accrued thereon [Abstract]
Total application money received for allotment of securities and due for refund
and interest accrued thereon 0 0

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

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of equity share capital [Axis] Equity shares 1 [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of classes of equity share capital [Abstract]
Disclosure of classes of equity share capital [Line items]
Type of share Equity Shares Equity Shares
Number of shares authorised [shares] 1,200,000 [shares] 1,200,000
Value of shares authorised 1,200 1,200
Number of shares issued [shares] 1,200,000 [shares] 1,200,000
Value of shares issued 1,200 1,200
Number of shares subscribed and fully paid [shares] 1,200,000 [shares] 1,200,000
Value of shares subscribed and fully paid 1,200 1,200
Number of shares subscribed but not fully paid [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0
Total number of shares subscribed [shares] 1,200,000 [shares] 1,200,000
Total value of shares subscribed 1,200 1,200
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 1,200,000 [shares] 1,200,000
Value of shares called 1,200 1,200
Value of shares paid-up 1,200 1,200
Par value per share [INR/shares] 100 [INR/shares] 100
Amount per share called in case shares not fully called [INR/shares] 0 [INR/shares] 0
Reconciliation of number of shares outstanding [Abstract]

7
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Changes in number of shares outstanding [Abstract]

Total increase (decrease) in number of shares outstanding [shares] 0 [shares] 0
Number of shares outstanding at end of period [shares] 1,200 [shares] 1,200 [shares] 1,200
Reconciliation of value of shares outstanding [Abstract]
Changes in equity share capital [Abstract]
Total increase (decrease) in share capital 0 0
Equity share capital at end of period 1,200 1,200 1,200
Details of application money received for allotment of securities and due for refund
and interest accrued thereon [Abstract]
Application money received for allotment of securities and due for refund and
interest accrued thereon [Abstract]
Total application money received for allotment of securities and due for refund
and interest accrued thereon 0 0

Disclosure of shareholding more than five per cent in company [Table] ..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of equity share capital [Axis] Equity shares [Member]
Name of shareholder [Axis] Name of shareholder [Member]
Period FY 2024 FY 2023
Disclosure of shareholding more than five per cent in company [Abstract]
Whether there are any shareholders holding more than five per cent shares in company Yes Yes

Disclosure of shareholding more than five per cent in company [Table] ..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of equity share capital [Axis] Equity shares 1 [Member]
Name of shareholder [Axis] Name of shareholder [Member] Shareholder 1 [Member]
Period FY 2024 FY 2023 FY 2024 FY 2023
Disclosure of shareholding more than five per cent in company
[Abstract]
Disclosure of shareholding more than five per cent in company
[Line Items]
Type of share Equity Shares Equity Shares Equity Shares Equity Shares
Refer to child Refer to child PIERRE JULIAN PIERRE JULIAN
Name of shareholder member member JOHN DSOUZA JOHN DSOUZA
Permanent account number of shareholder AAAPD9304J AAAPD9304J
Country of incorporation or residence of shareholder INDIA INDIA
Number of shares held in company [shares] 1,160,000 [shares] 1,160,000 [shares] 580,000 [shares] 580,000
Percentage of shareholding in company 96.66% 96.66% 48.33% 48.33%

Disclosure of shareholding more than five per cent in company [Table] ..(3)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of equity share capital [Axis] Equity shares 1 [Member]
Name of shareholder [Axis] Shareholder 2 [Member]
Period FY 2024 FY 2023
Disclosure of shareholding more than five per cent in company [Abstract]
Disclosure of shareholding more than five per cent in company [Line Items]
Type of share Equity Shares Equity Shares
JOSEPH JOSEPH
ANTHONYNEIL ANTHONYNEIL
Name of shareholder DSOUZA DSOUZA
Permanent account number of shareholder AAAPD9305K AAAPD9305K
Country of incorporation or residence of shareholder INDIA INDIA
Number of shares held in company [shares] 580,000 [shares] 580,000
Percentage of shareholding in company 48.33% 48.33%

8
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[400200] Statement of changes in equity

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023 FY 2022
Statement of changes in equity [Abstract]
Equity share capital [Abstract]
Increase (decrease) in share capital 0 0
Equity share capital at end of period 1,200 1,200 1,200

Statement of changes in equity [Table] ..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR

Components of equity [Axis] Equity [Member]
Period FY 2024 FY 2023 FY 2022
Other equity [Abstract]
Statement of changes in equity [Line items]
Equity [Abstract]
Changes in equity [Abstract]
Comprehensive income [Abstract]
Profit (loss) for period 8,705.26 7,483.81
Changes in comprehensive income components 0 -51.56
Total comprehensive income 8,705.26 7,432.25
Other changes in equity [Abstract]
Other additions to reserves 0 365.45
Deductions to reserves [Abstract]
Other deductions to reserves 51.65 0
Total deductions to reserves 51.65 0
Total other changes in equity -51.65 365.45
Total increase (decrease) in equity 8,653.61 7,797.7
Other equity at end of period 48,489.65 39,836.04 32,038.34

Statement of changes in equity [Table] ..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR

Components of equity [Axis] Equity attributable to the equity holders of the parent [Member]
Period FY 2024 FY 2023 FY 2022
Other equity [Abstract]
Statement of changes in equity [Line items]
Equity [Abstract]
Changes in equity [Abstract]
Comprehensive income [Abstract]
Profit (loss) for period 8,705.26 7,483.81
Changes in comprehensive income components 0 -51.56
Total comprehensive income 8,705.26 7,432.25
Other changes in equity [Abstract]
Other additions to reserves 0 365.45
Deductions to reserves [Abstract]
Other deductions to reserves 51.65 0
Total deductions to reserves 51.65 0
Total other changes in equity -51.65 365.45
Total increase (decrease) in equity 8,653.61 7,797.7
Other equity at end of period 48,489.65 39,836.04 32,038.34

Statement of changes in equity [Table] ..(3)

Unless otherwise specified, all monetary values are in Lakhs of INR

Components of equity [Axis] Reserves [Member]
Period FY 2024 FY 2023 FY 2022
Other equity [Abstract]
Statement of changes in equity [Line items]
Equity [Abstract]
Changes in equity [Abstract]
Comprehensive income [Abstract]
Profit (loss) for period 8,705.26 7,483.81
Changes in comprehensive income components 0 -51.56
Total comprehensive income 8,705.26 7,432.25
Other changes in equity [Abstract]
Other additions to reserves 0 365.45

9
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Deductions to reserves [Abstract]

Other deductions to reserves 51.65 0
Total deductions to reserves 51.65 0
Total other changes in equity -51.65 365.45
Total increase (decrease) in equity 8,653.61 7,797.7
Other equity at end of period 48,489.65 39,836.04 32,038.34

Statement of changes in equity [Table] ..(4)

Unless otherwise specified, all monetary values are in Lakhs of INR

Components of equity [Axis] Capital reserves [Member]
Period FY 2024 FY 2023 FY 2022
Other equity [Abstract]
Statement of changes in equity [Line items]
Equity [Abstract]
Changes in equity [Abstract]
Comprehensive income [Abstract]
Profit (loss) for period 0 0
Total comprehensive income 0 0
Total increase (decrease) in equity 0 0
Other equity at end of period 1,376.07 1,376.07 1,376.07

Statement of changes in equity [Table] ..(5)

Unless otherwise specified, all monetary values are in Lakhs of INR

Components of equity [Axis] Other funds [Member]
Period FY 2024 FY 2023 FY 2022
Other equity [Abstract]
Statement of changes in equity [Line items]
Equity [Abstract]
Changes in equity [Abstract]
Comprehensive income [Abstract]
Profit (loss) for period 0 0
Changes in comprehensive income components 0 -51.56
Total comprehensive income 0 -51.56
Other changes in equity [Abstract]
Deductions to reserves [Abstract]
Other deductions to reserves 51.56 0
Total deductions to reserves 51.56 0
Total other changes in equity -51.56 0
Total increase (decrease) in equity -51.56 -51.56
Other equity at end of period 103.13 154.69 206.25

Statement of changes in equity [Table] ..(6)

Unless otherwise specified, all monetary values are in Lakhs of INR

Components of equity [Axis] Retained earnings [Member]
Period FY 2024 FY 2023 FY 2022
Other equity [Abstract]
Statement of changes in equity [Line items]
Equity [Abstract]
Changes in equity [Abstract]
Comprehensive income [Abstract]
Profit (loss) for period 0 0
Total comprehensive income 0 0
Other changes in equity [Abstract]
Other additions to reserves 0 365.45
Deductions to reserves [Abstract]
Other deductions to reserves 0.09 0
Total deductions to reserves 0.09 0
Total other changes in equity -0.09 365.45
Total increase (decrease) in equity -0.09 365.45
Other equity at end of period 1,044.01 1,044.1 678.65

Statement of changes in equity [Table] ..(7)

Unless otherwise specified, all monetary values are in Lakhs of INR

10
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Components of equity [Axis] Other retained earning [Member]

Period FY 2024 FY 2023 FY 2022
Other equity [Abstract]
Statement of changes in equity [Line items]
Equity [Abstract]
Changes in equity [Abstract]
Comprehensive income [Abstract]
Profit (loss) for period 0 0
Total comprehensive income 0 0
Other changes in equity [Abstract]
Other additions to reserves 0 365.45
Deductions to reserves [Abstract]
Other deductions to reserves 0.09 0
Total deductions to reserves 0.09 0
Total other changes in equity -0.09 365.45
Total increase (decrease) in equity -0.09 365.45
Other equity at end of period 1,044.01 1,044.1 678.65

Statement of changes in equity [Table] ..(8)

Unless otherwise specified, all monetary values are in Lakhs of INR

Components of equity [Axis] Other reserves [Member]
Period FY 2024 FY 2023 FY 2022
Other equity [Abstract]
Statement of changes in equity [Line items]
Equity [Abstract]
Changes in equity [Abstract]
Comprehensive income [Abstract]
Profit (loss) for period 8,705.26 7,483.81
Changes in comprehensive income components 0 0
Total comprehensive income 8,705.26 7,483.81
Total increase (decrease) in equity 8,705.26 7,483.81
Other equity at end of period 45,966.44 37,261.18 29,777.37
Description of nature of other reserves Profit or Loss Profit and Loss

11
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[400300] Notes - Borrowings

Classification of borrowings [Table] ..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classification based on current non-current [Axis] Non-current [Member]
Classification of borrowings [Axis] Borrowings [Member]
Subclassification of borrowings [Axis] Secured/Unsecured borrowings [Member] Secured borrowings [Member]
Period FY 2024 FY 2023 FY 2024 FY 2023
Details of borrowings [Abstract]
Details of borrowings [Line items]
Borrowings 24,394.43 16,045.98 24,394.43 16,045.98

Classification of borrowings [Table] ..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classification based on current non-current [Axis] Non-current [Member]
Working capital loans from banks
Classification of borrowings [Axis] [Member]
Subclassification of borrowings [Axis] Secured borrowings [Member]
Period FY 2024 FY 2023
Details of borrowings [Abstract]
Details of borrowings [Line items]
Borrowings 24,394.43 16,045.98

12
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[400600] Notes - Property, plant and equipment

Disclosure of detailed information about property, plant and equipment [Table] ..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Property, plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 16,103.92 9,176.12
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss -4,170.6 -3,307.2
Total Depreciation property plant and equipment -4,170.6 -3,307.2
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 174.31 148.14
Total disposals and retirements, property, plant and equipment 174.31 148.14
Total increase (decrease) in property, plant and equipment 11,759.01 5,720.78
Property, plant and equipment at end of period 37,915.11 26,156.1 20,435.32

Disclosure of detailed information about property, plant and equipment [Table] ..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Property, plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 16,103.92 9,176.12
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 775.72 470.39
Total disposals and retirements, property, plant and equipment 775.72 470.39
Total increase (decrease) in property, plant and equipment 15,328.2 8,705.73
Property, plant and equipment at end of period 71,300.73 55,972.53 47,266.8

Disclosure of detailed information about property, plant and equipment [Table] ..(3)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Property, plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 4,170.6 3,307.2
Total Depreciation property plant and equipment 4,170.6 3,307.2
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 601.41 322.25
Total disposals and retirements, property, plant and equipment 601.41 322.25
Total increase (decrease) in property, plant and equipment 3,569.19 2,984.95
Property, plant and equipment at end of period 33,385.62 29,816.43 26,831.48

Disclosure of detailed information about property, plant and equipment [Table] ..(4)

Unless otherwise specified, all monetary values are in Lakhs of INR

13
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Classes of property, plant and equipment [Axis] Land [Member]

Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 0 0.3
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0
Total disposals and retirements, property, plant and equipment 0
Total increase (decrease) in property, plant and equipment 0 0.3
Property, plant and equipment at end of period 2,107.21 2,107.21 2,106.91

Disclosure of detailed information about property, plant and equipment [Table] ..(5)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Land [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 0 0.3
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0
Total disposals and retirements, property, plant and equipment 0
Total increase (decrease) in property, plant and equipment 0 0.3
Property, plant and equipment at end of period 2,107.21 2,107.21 2,106.91

Disclosure of detailed information about property, plant and equipment [Table] ..(6)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Land [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Total increase (decrease) in property, plant and equipment 0 0
Property, plant and equipment at end of period 0 0 0

Disclosure of detailed information about property, plant and equipment [Table] ..(7)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Land [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 0 0.3
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0
Total disposals and retirements, property, plant and equipment 0
Total increase (decrease) in property, plant and equipment 0 0.3
Property, plant and equipment at end of period 2,107.21 2,107.21 2,106.91

Disclosure of detailed information about property, plant and equipment [Table] ..(8)

14
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Land [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 0 0.3
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0
Total disposals and retirements, property, plant and equipment 0
Total increase (decrease) in property, plant and equipment 0 0.3
Property, plant and equipment at end of period 2,107.21 2,107.21 2,106.91

Disclosure of detailed information about property, plant and equipment [Table] ..(9)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Land [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Total increase (decrease) in property, plant and equipment 0 0
Property, plant and equipment at end of period 0 0 0

Disclosure of detailed information about property, plant and equipment [Table] ..(10)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Buildings [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 1,867.01 452.76
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss -698.92 -710.25
Total Depreciation property plant and equipment -698.92 -710.25
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0.28 1.55
Total disposals and retirements, property, plant and equipment 0.28 1.55
Total increase (decrease) in property, plant and equipment 1,167.81 -259.04
Property, plant and equipment at end of period 8,932.41 7,764.6 8,023.64

Disclosure of detailed information about property, plant and equipment [Table] ..(11)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Buildings [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 1,867.01 452.76
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0.39 3.33
Total disposals and retirements, property, plant and equipment 0.39 3.33
Total increase (decrease) in property, plant and equipment 1,866.62 449.43
Property, plant and equipment at end of period 15,500.55 13,633.93 13,184.5

15
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Disclosure of detailed information about property, plant and equipment [Table] ..(12)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Buildings [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 698.92 710.25
Total Depreciation property plant and equipment 698.92 710.25
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0.11 1.78
Total disposals and retirements, property, plant and equipment 0.11 1.78
Total increase (decrease) in property, plant and equipment 698.81 708.47
Property, plant and equipment at end of period 6,568.14 5,869.33 5,160.86

Disclosure of detailed information about property, plant and equipment [Table] ..(13)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Buildings [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 1,867.01 452.76
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss -698.92 -710.25
Total Depreciation property plant and equipment -698.92 -710.25
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0.28 1.55
Total disposals and retirements, property, plant and equipment 0.28 1.55
Total increase (decrease) in property, plant and equipment 1,167.81 -259.04
Property, plant and equipment at end of period 8,932.41 7,764.6 8,023.64

Disclosure of detailed information about property, plant and equipment [Table] ..(14)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Buildings [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 1,867.01 452.76
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0.39 3.33
Total disposals and retirements, property, plant and equipment 0.39 3.33
Total increase (decrease) in property, plant and equipment 1,866.62 449.43
Property, plant and equipment at end of period 15,500.55 13,633.93 13,184.5

Disclosure of detailed information about property, plant and equipment [Table] ..(15)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Buildings [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]

16
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Changes in property, plant and equipment [Abstract]

Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 698.92 710.25
Total Depreciation property plant and equipment 698.92 710.25
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0.11 1.78
Total disposals and retirements, property, plant and equipment 0.11 1.78
Total increase (decrease) in property, plant and equipment 698.81 708.47
Property, plant and equipment at end of period 6,568.14 5,869.33 5,160.86

Disclosure of detailed information about property, plant and equipment [Table] ..(16)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Residential building [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss -113.95 -119.78
Total Depreciation property plant and equipment -113.95 -119.78
Total increase (decrease) in property, plant and equipment -113.95 -119.78
Property, plant and equipment at end of period 2,199.59 2,313.54 2,433.32

Disclosure of detailed information about property, plant and equipment [Table] ..(17)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Residential building [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Total increase (decrease) in property, plant and equipment 0 0
Property, plant and equipment at end of period 2,811.24 2,811.24 2,811.24

Disclosure of detailed information about property, plant and equipment [Table] ..(18)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Residential building [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 113.95 119.78
Total Depreciation property plant and equipment 113.95 119.78
Total increase (decrease) in property, plant and equipment 113.95 119.78
Property, plant and equipment at end of period 611.65 497.7 377.92

Disclosure of detailed information about property, plant and equipment [Table] ..(19)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Residential building [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]

17
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Depreciation recognised in profit or loss -113.95 -119.78

Total Depreciation property plant and equipment -113.95 -119.78
Total increase (decrease) in property, plant and equipment -113.95 -119.78
Property, plant and equipment at end of period 2,199.59 2,313.54 2,433.32

Disclosure of detailed information about property, plant and equipment [Table] ..(20)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Residential building [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Total increase (decrease) in property, plant and equipment 0 0
Property, plant and equipment at end of period 2,811.24 2,811.24 2,811.24

Disclosure of detailed information about property, plant and equipment [Table] ..(21)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Residential building [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 113.95 119.78
Total Depreciation property plant and equipment 113.95 119.78
Total increase (decrease) in property, plant and equipment 113.95 119.78
Property, plant and equipment at end of period 611.65 497.7 377.92

Disclosure of detailed information about property, plant and equipment [Table] ..(22)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Office building [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Total increase (decrease) in property, plant and equipment 0 0
Property, plant and equipment at end of period 0 0 0

Disclosure of detailed information about property, plant and equipment [Table] ..(23)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Office building [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Total increase (decrease) in property, plant and equipment 0 0
Property, plant and equipment at end of period 0 0 0

Disclosure of detailed information about property, plant and equipment [Table] ..(24)

Unless otherwise specified, all monetary values are in Lakhs of INR

18
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Classes of property, plant and equipment [Axis] Office building [Member]

Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Total increase (decrease) in property, plant and equipment 0 0
Property, plant and equipment at end of period 0 0 0

Disclosure of detailed information about property, plant and equipment [Table] ..(25)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Office building [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Total increase (decrease) in property, plant and equipment 0 0
Property, plant and equipment at end of period 0 0 0

Disclosure of detailed information about property, plant and equipment [Table] ..(26)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Office building [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Total increase (decrease) in property, plant and equipment 0 0
Property, plant and equipment at end of period 0 0 0

Disclosure of detailed information about property, plant and equipment [Table] ..(27)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Office building [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Total increase (decrease) in property, plant and equipment 0 0
Property, plant and equipment at end of period 0 0 0

Disclosure of detailed information about property, plant and equipment [Table] ..(28)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Factory building [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 1,867.01 452.76
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss -584.97 -590.47
Total Depreciation property plant and equipment -584.97 -590.47
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0.28 1.55

19
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Total disposals and retirements, property, plant and equipment 0.28 1.55
Total increase (decrease) in property, plant and equipment 1,281.76 -139.26
Property, plant and equipment at end of period 6,732.82 5,451.06 5,590.32

Disclosure of detailed information about property, plant and equipment [Table] ..(29)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Factory building [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 1,867.01 452.76
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0.39 3.33
Total disposals and retirements, property, plant and equipment 0.39 3.33
Total increase (decrease) in property, plant and equipment 1,866.62 449.43
Property, plant and equipment at end of period 12,689.31 10,822.69 10,373.26

Disclosure of detailed information about property, plant and equipment [Table] ..(30)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Factory building [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 584.97 590.47
Total Depreciation property plant and equipment 584.97 590.47
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0.11 1.78
Total disposals and retirements, property, plant and equipment 0.11 1.78
Total increase (decrease) in property, plant and equipment 584.86 588.69
Property, plant and equipment at end of period 5,956.49 5,371.63 4,782.94

Disclosure of detailed information about property, plant and equipment [Table] ..(31)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Factory building [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 1,867.01 452.76
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss -584.97 -590.47
Total Depreciation property plant and equipment -584.97 -590.47
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0.28 1.55
Total disposals and retirements, property, plant and equipment 0.28 1.55
Total increase (decrease) in property, plant and equipment 1,281.76 -139.26
Property, plant and equipment at end of period 6,732.82 5,451.06 5,590.32

Disclosure of detailed information about property, plant and equipment [Table] ..(32)

Unless otherwise specified, all monetary values are in Lakhs of INR

20
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Classes of property, plant and equipment [Axis] Factory building [Member]

Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 1,867.01 452.76
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0.39 3.33
Total disposals and retirements, property, plant and equipment 0.39 3.33
Total increase (decrease) in property, plant and equipment 1,866.62 449.43
Property, plant and equipment at end of period 12,689.31 10,822.69 10,373.26

Disclosure of detailed information about property, plant and equipment [Table] ..(33)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Factory building [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 584.97 590.47
Total Depreciation property plant and equipment 584.97 590.47
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0.11 1.78
Total disposals and retirements, property, plant and equipment 0.11 1.78
Total increase (decrease) in property, plant and equipment 584.86 588.69
Property, plant and equipment at end of period 5,956.49 5,371.63 4,782.94

Disclosure of detailed information about property, plant and equipment [Table] ..(34)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 11,458.84 7,385.51
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss -2,931.65 -2,188.62
Total Depreciation property plant and equipment -2,931.65 -2,188.62
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 165.05 140.29
Total disposals and retirements, property, plant and equipment 165.05 140.29
Total increase (decrease) in property, plant and equipment 8,362.14 5,056.6
Property, plant and equipment at end of period 22,283.93 13,921.79 8,865.19

Disclosure of detailed information about property, plant and equipment [Table] ..(35)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]

21
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Additions other than through business combinations, property, plant and

equipment 11,458.84 7,385.51
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 677.3 361.82
Total disposals and retirements, property, plant and equipment 677.3 361.82
Total increase (decrease) in property, plant and equipment 10,781.54 7,023.69
Property, plant and equipment at end of period 44,579.41 33,797.87 26,774.18

Disclosure of detailed information about property, plant and equipment [Table] ..(36)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 2,931.65 2,188.62
Total Depreciation property plant and equipment 2,931.65 2,188.62
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 512.25 221.53
Total disposals and retirements, property, plant and equipment 512.25 221.53
Total increase (decrease) in property, plant and equipment 2,419.4 1,967.09
Property, plant and equipment at end of period 22,295.48 19,876.08 17,908.99

Disclosure of detailed information about property, plant and equipment [Table] ..(37)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 11,458.84 7,385.51
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss -2,931.65 -2,188.62
Total Depreciation property plant and equipment -2,931.65 -2,188.62
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 165.05 140.29
Total disposals and retirements, property, plant and equipment 165.05 140.29
Total increase (decrease) in property, plant and equipment 8,362.14 5,056.6
Property, plant and equipment at end of period 22,283.93 13,921.79 8,865.19

Disclosure of detailed information about property, plant and equipment [Table] ..(38)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 11,458.84 7,385.51
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 677.3 361.82
Total disposals and retirements, property, plant and equipment 677.3 361.82
Total increase (decrease) in property, plant and equipment 10,781.54 7,023.69
Property, plant and equipment at end of period 44,579.41 33,797.87 26,774.18

22
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Disclosure of detailed information about property, plant and equipment [Table] ..(39)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 2,931.65 2,188.62
Total Depreciation property plant and equipment 2,931.65 2,188.62
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 512.25 221.53
Total disposals and retirements, property, plant and equipment 512.25 221.53
Total increase (decrease) in property, plant and equipment 2,419.4 1,967.09
Property, plant and equipment at end of period 22,295.48 19,876.08 17,908.99

Disclosure of detailed information about property, plant and equipment [Table] ..(40)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Factory equipments [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 11,458.84 7,385.51
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss -2,931.65 -2,188.62
Total Depreciation property plant and equipment -2,931.65 -2,188.62
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 165.05 140.29
Total disposals and retirements, property, plant and equipment 165.05 140.29
Total increase (decrease) in property, plant and equipment 8,362.14 5,056.6
Property, plant and equipment at end of period 22,283.93 13,921.79 8,865.19

Disclosure of detailed information about property, plant and equipment [Table] ..(41)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Factory equipments [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 11,458.84 7,385.51
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 677.3 361.82
Total disposals and retirements, property, plant and equipment 677.3 361.82
Total increase (decrease) in property, plant and equipment 10,781.54 7,023.69
Property, plant and equipment at end of period 44,579.41 33,797.87 26,774.18

Disclosure of detailed information about property, plant and equipment [Table] ..(42)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Factory equipments [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]

23
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Changes in property, plant and equipment [Abstract]

Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 2,931.65 2,188.62
Total Depreciation property plant and equipment 2,931.65 2,188.62
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 512.25 221.53
Total disposals and retirements, property, plant and equipment 512.25 221.53
Total increase (decrease) in property, plant and equipment 2,419.4 1,967.09
Property, plant and equipment at end of period 22,295.48 19,876.08 17,908.99

Disclosure of detailed information about property, plant and equipment [Table] ..(43)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Factory equipments [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 11,458.84 7,385.51
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss -2,931.65 -2,188.62
Total Depreciation property plant and equipment -2,931.65 -2,188.62
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 165.05 140.29
Total disposals and retirements, property, plant and equipment 165.05 140.29
Total increase (decrease) in property, plant and equipment 8,362.14 5,056.6
Property, plant and equipment at end of period 22,283.93 13,921.79 8,865.19

Disclosure of detailed information about property, plant and equipment [Table] ..(44)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Factory equipments [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 11,458.84 7,385.51
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 677.3 361.82
Total disposals and retirements, property, plant and equipment 677.3 361.82
Total increase (decrease) in property, plant and equipment 10,781.54 7,023.69
Property, plant and equipment at end of period 44,579.41 33,797.87 26,774.18

Disclosure of detailed information about property, plant and equipment [Table] ..(45)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Factory equipments [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 2,931.65 2,188.62
Total Depreciation property plant and equipment 2,931.65 2,188.62
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 512.25 221.53
Total disposals and retirements, property, plant and equipment 512.25 221.53
Total increase (decrease) in property, plant and equipment 2,419.4 1,967.09
Property, plant and equipment at end of period 22,295.48 19,876.08 17,908.99

24
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Disclosure of detailed information about property, plant and equipment [Table] ..(46)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Other plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 0
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 0
Total Depreciation property plant and equipment 0
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0
Total disposals and retirements, property, plant and equipment 0
Total increase (decrease) in property, plant and equipment 0 0
Property, plant and equipment at end of period 0 0 0

Disclosure of detailed information about property, plant and equipment [Table] ..(47)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Other plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 0
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0
Total disposals and retirements, property, plant and equipment 0
Total increase (decrease) in property, plant and equipment 0 0
Property, plant and equipment at end of period 0 0 0

Disclosure of detailed information about property, plant and equipment [Table] ..(48)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Other plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 0
Total Depreciation property plant and equipment 0
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0
Total disposals and retirements, property, plant and equipment 0
Total increase (decrease) in property, plant and equipment 0 0
Property, plant and equipment at end of period 0 0 0

Disclosure of detailed information about property, plant and equipment [Table] ..(49)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Other plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]

25
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Changes in property, plant and equipment [Abstract]

Additions other than through business combinations, property, plant and
equipment 0
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 0
Total Depreciation property plant and equipment 0
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0
Total disposals and retirements, property, plant and equipment 0
Total increase (decrease) in property, plant and equipment 0 0
Property, plant and equipment at end of period 0 0 0

Disclosure of detailed information about property, plant and equipment [Table] ..(50)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Other plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 0
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0
Total disposals and retirements, property, plant and equipment 0
Total increase (decrease) in property, plant and equipment 0 0
Property, plant and equipment at end of period 0 0 0

Disclosure of detailed information about property, plant and equipment [Table] ..(51)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Other plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 0
Total Depreciation property plant and equipment 0
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0
Total disposals and retirements, property, plant and equipment 0
Total increase (decrease) in property, plant and equipment 0 0
Property, plant and equipment at end of period 0 0 0

Disclosure of detailed information about property, plant and equipment [Table] ..(52)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Furniture and fixtures [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 157.9 45.98
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss -26.53 -27.71
Total Depreciation property plant and equipment -26.53 -27.71
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 1.58 0
Total disposals and retirements, property, plant and equipment 1.58 0

26
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Total increase (decrease) in property, plant and equipment 129.79 18.27

Property, plant and equipment at end of period 206.79 77 58.73

Disclosure of detailed information about property, plant and equipment [Table] ..(53)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Furniture and fixtures [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 157.9 45.98
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 4.73 0
Total disposals and retirements, property, plant and equipment 4.73 0
Total increase (decrease) in property, plant and equipment 153.17 45.98
Property, plant and equipment at end of period 593.28 440.11 394.13

Disclosure of detailed information about property, plant and equipment [Table] ..(54)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Furniture and fixtures [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 26.53 27.71
Total Depreciation property plant and equipment 26.53 27.71
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 3.15 0
Total disposals and retirements, property, plant and equipment 3.15 0
Total increase (decrease) in property, plant and equipment 23.38 27.71
Property, plant and equipment at end of period 386.49 363.11 335.4

Disclosure of detailed information about property, plant and equipment [Table] ..(55)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Furniture and fixtures [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 157.9 45.98
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss -26.53 -27.71
Total Depreciation property plant and equipment -26.53 -27.71
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 1.58 0
Total disposals and retirements, property, plant and equipment 1.58 0
Total increase (decrease) in property, plant and equipment 129.79 18.27
Property, plant and equipment at end of period 206.79 77 58.73

Disclosure of detailed information about property, plant and equipment [Table] ..(56)

Unless otherwise specified, all monetary values are in Lakhs of INR

27
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Classes of property, plant and equipment [Axis] Furniture and fixtures [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 157.9 45.98
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 4.73 0
Total disposals and retirements, property, plant and equipment 4.73 0
Total increase (decrease) in property, plant and equipment 153.17 45.98
Property, plant and equipment at end of period 593.28 440.11 394.13

Disclosure of detailed information about property, plant and equipment [Table] ..(57)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Furniture and fixtures [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 26.53 27.71
Total Depreciation property plant and equipment 26.53 27.71
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 3.15 0
Total disposals and retirements, property, plant and equipment 3.15 0
Total increase (decrease) in property, plant and equipment 23.38 27.71
Property, plant and equipment at end of period 386.49 363.11 335.4

Disclosure of detailed information about property, plant and equipment [Table] ..(58)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Vehicles [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 381.91 305.7
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss -141.42 -53.21
Total Depreciation property plant and equipment -141.42 -53.21
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 1.58 2.21
Total disposals and retirements, property, plant and equipment 1.58 2.21
Total increase (decrease) in property, plant and equipment 238.91 250.28
Property, plant and equipment at end of period 566.4 327.49 77.21

Disclosure of detailed information about property, plant and equipment [Table] ..(59)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Vehicles [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]

28
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Additions other than through business combinations, property, plant and

equipment 381.91 305.7
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 71.56 97
Total disposals and retirements, property, plant and equipment 71.56 97
Total increase (decrease) in property, plant and equipment 310.35 208.7
Property, plant and equipment at end of period 1,739.39 1,429.04 1,220.34

Disclosure of detailed information about property, plant and equipment [Table] ..(60)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Vehicles [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 141.42 53.21
Total Depreciation property plant and equipment 141.42 53.21
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 69.98 94.79
Total disposals and retirements, property, plant and equipment 69.98 94.79
Total increase (decrease) in property, plant and equipment 71.44 -41.58
Property, plant and equipment at end of period 1,172.99 1,101.55 1,143.13

Disclosure of detailed information about property, plant and equipment [Table] ..(61)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Vehicles [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 381.91 305.7
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss -141.42 -53.21
Total Depreciation property plant and equipment -141.42 -53.21
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 1.58 2.21
Total disposals and retirements, property, plant and equipment 1.58 2.21
Total increase (decrease) in property, plant and equipment 238.91 250.28
Property, plant and equipment at end of period 566.4 327.49 77.21

Disclosure of detailed information about property, plant and equipment [Table] ..(62)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Vehicles [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 381.91 305.7
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 71.56 97
Total disposals and retirements, property, plant and equipment 71.56 97
Total increase (decrease) in property, plant and equipment 310.35 208.7
Property, plant and equipment at end of period 1,739.39 1,429.04 1,220.34

29
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Disclosure of detailed information about property, plant and equipment [Table] ..(63)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Vehicles [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 141.42 53.21
Total Depreciation property plant and equipment 141.42 53.21
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 69.98 94.79
Total disposals and retirements, property, plant and equipment 69.98 94.79
Total increase (decrease) in property, plant and equipment 71.44 -41.58
Property, plant and equipment at end of period 1,172.99 1,101.55 1,143.13

Disclosure of detailed information about property, plant and equipment [Table] ..(64)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Ships vessels [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 381.91 305.7
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss -141.42 -53.21
Total Depreciation property plant and equipment -141.42 -53.21
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 1.58 2.21
Total disposals and retirements, property, plant and equipment 1.58 2.21
Total increase (decrease) in property, plant and equipment 238.91 250.28
Property, plant and equipment at end of period 566.4 327.49 77.21

Disclosure of detailed information about property, plant and equipment [Table] ..(65)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Ships vessels [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 381.91 305.7
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 71.56 97
Total disposals and retirements, property, plant and equipment 71.56 97
Total increase (decrease) in property, plant and equipment 310.35 208.7
Property, plant and equipment at end of period 1,739.39 1,429.04 1,220.34

Disclosure of detailed information about property, plant and equipment [Table] ..(66)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Ships vessels [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]

30
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Changes in property, plant and equipment [Abstract]

Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 141.42 53.21
Total Depreciation property plant and equipment 141.42 53.21
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 69.98 94.79
Total disposals and retirements, property, plant and equipment 69.98 94.79
Total increase (decrease) in property, plant and equipment 71.44 -41.58
Property, plant and equipment at end of period 1,172.99 1,101.55 1,143.13

Disclosure of detailed information about property, plant and equipment [Table] ..(67)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Ships vessels [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 381.91 305.7
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss -141.42 -53.21
Total Depreciation property plant and equipment -141.42 -53.21
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 1.58 2.21
Total disposals and retirements, property, plant and equipment 1.58 2.21
Total increase (decrease) in property, plant and equipment 238.91 250.28
Property, plant and equipment at end of period 566.4 327.49 77.21

Disclosure of detailed information about property, plant and equipment [Table] ..(68)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Ships vessels [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 381.91 305.7
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 71.56 97
Total disposals and retirements, property, plant and equipment 71.56 97
Total increase (decrease) in property, plant and equipment 310.35 208.7
Property, plant and equipment at end of period 1,739.39 1,429.04 1,220.34

Disclosure of detailed information about property, plant and equipment [Table] ..(69)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Ships vessels [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 141.42 53.21
Total Depreciation property plant and equipment 141.42 53.21
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 69.98 94.79
Total disposals and retirements, property, plant and equipment 69.98 94.79
Total increase (decrease) in property, plant and equipment 71.44 -41.58
Property, plant and equipment at end of period 1,172.99 1,101.55 1,143.13

31
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Disclosure of detailed information about property, plant and equipment [Table] ..(70)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Office equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 90.22 63.74
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss -38.48 -35.16
Total Depreciation property plant and equipment -38.48 -35.16
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0.93 0.16
Total disposals and retirements, property, plant and equipment 0.93 0.16
Total increase (decrease) in property, plant and equipment 50.81 28.42
Property, plant and equipment at end of period 155.87 105.06 76.64

Disclosure of detailed information about property, plant and equipment [Table] ..(71)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Office equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 90.22 63.74
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 3.89 1.08
Total disposals and retirements, property, plant and equipment 3.89 1.08
Total increase (decrease) in property, plant and equipment 86.33 62.66
Property, plant and equipment at end of period 443.22 356.89 294.23

Disclosure of detailed information about property, plant and equipment [Table] ..(72)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Office equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 38.48 35.16
Total Depreciation property plant and equipment 38.48 35.16
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 2.96 0.92
Total disposals and retirements, property, plant and equipment 2.96 0.92
Total increase (decrease) in property, plant and equipment 35.52 34.24
Property, plant and equipment at end of period 287.35 251.83 217.59

Disclosure of detailed information about property, plant and equipment [Table] ..(73)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Office equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]

32
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Changes in property, plant and equipment [Abstract]

Additions other than through business combinations, property, plant and
equipment 90.22 63.74
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss -38.48 -35.16
Total Depreciation property plant and equipment -38.48 -35.16
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0.93 0.16
Total disposals and retirements, property, plant and equipment 0.93 0.16
Total increase (decrease) in property, plant and equipment 50.81 28.42
Property, plant and equipment at end of period 155.87 105.06 76.64

Disclosure of detailed information about property, plant and equipment [Table] ..(74)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Office equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 90.22 63.74
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 3.89 1.08
Total disposals and retirements, property, plant and equipment 3.89 1.08
Total increase (decrease) in property, plant and equipment 86.33 62.66
Property, plant and equipment at end of period 443.22 356.89 294.23

Disclosure of detailed information about property, plant and equipment [Table] ..(75)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Office equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 38.48 35.16
Total Depreciation property plant and equipment 38.48 35.16
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 2.96 0.92
Total disposals and retirements, property, plant and equipment 2.96 0.92
Total increase (decrease) in property, plant and equipment 35.52 34.24
Property, plant and equipment at end of period 287.35 251.83 217.59

Disclosure of detailed information about property, plant and equipment [Table] ..(76)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Computer equipments [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 1,677.19 264.29
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss -235.26 -187.24
Total Depreciation property plant and equipment -235.26 -187.24
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 4.89 3.93
Total disposals and retirements, property, plant and equipment 4.89 3.93

33
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Total increase (decrease) in property, plant and equipment 1,437.04 73.12

Property, plant and equipment at end of period 2,143.07 706.03 632.91

Disclosure of detailed information about property, plant and equipment [Table] ..(77)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Computer equipments [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 1,677.19 264.29
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 17.85 7.16
Total disposals and retirements, property, plant and equipment 17.85 7.16
Total increase (decrease) in property, plant and equipment 1,659.34 257.13
Property, plant and equipment at end of period 4,315.48 2,656.14 2,399.01

Disclosure of detailed information about property, plant and equipment [Table] ..(78)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Computer equipments [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 235.26 187.24
Total Depreciation property plant and equipment 235.26 187.24
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 12.96 3.23
Total disposals and retirements, property, plant and equipment 12.96 3.23
Total increase (decrease) in property, plant and equipment 222.3 184.01
Property, plant and equipment at end of period 2,172.41 1,950.11 1,766.1

Disclosure of detailed information about property, plant and equipment [Table] ..(79)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Computer equipments [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 1,677.19 264.29
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss -235.26 -187.24
Total Depreciation property plant and equipment -235.26 -187.24
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 4.89 3.93
Total disposals and retirements, property, plant and equipment 4.89 3.93
Total increase (decrease) in property, plant and equipment 1,437.04 73.12
Property, plant and equipment at end of period 2,143.07 706.03 632.91

Disclosure of detailed information about property, plant and equipment [Table] ..(80)

Unless otherwise specified, all monetary values are in Lakhs of INR

34
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Classes of property, plant and equipment [Axis] Computer equipments [Member]

Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 1,677.19 264.29
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 17.85 7.16
Total disposals and retirements, property, plant and equipment 17.85 7.16
Total increase (decrease) in property, plant and equipment 1,659.34 257.13
Property, plant and equipment at end of period 4,315.48 2,656.14 2,399.01

Disclosure of detailed information about property, plant and equipment [Table] ..(81)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Computer equipments [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 235.26 187.24
Total Depreciation property plant and equipment 235.26 187.24
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 12.96 3.23
Total disposals and retirements, property, plant and equipment 12.96 3.23
Total increase (decrease) in property, plant and equipment 222.3 184.01
Property, plant and equipment at end of period 2,172.41 1,950.11 1,766.1

Disclosure of detailed information about property, plant and equipment [Table] ..(82)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Other property, plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 470.85 657.84
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss -98.34 -105.01
Total Depreciation property plant and equipment -98.34 -105.01
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0 0
Total disposals and retirements, property, plant and equipment 0 0
Total increase (decrease) in property, plant and equipment 372.51 552.83
Property, plant and equipment at end of period 1,519.43 1,146.92 594.09

Disclosure of detailed information about property, plant and equipment [Table] ..(83)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Other property, plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]

35
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Additions other than through business combinations, property, plant and

equipment 470.85 657.84
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0
Total disposals and retirements, property, plant and equipment 0
Total increase (decrease) in property, plant and equipment 470.85 657.84
Property, plant and equipment at end of period 2,022.19 1,551.34 893.5

Disclosure of detailed information about property, plant and equipment [Table] ..(84)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Other property, plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 98.34 105.01
Total Depreciation property plant and equipment 98.34 105.01
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0 0
Total disposals and retirements, property, plant and equipment 0 0
Total increase (decrease) in property, plant and equipment 98.34 105.01
Property, plant and equipment at end of period 502.76 404.42 299.41

Disclosure of detailed information about property, plant and equipment [Table] ..(85)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Other property, plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 470.85 657.84
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss -98.34 -105.01
Total Depreciation property plant and equipment -98.34 -105.01
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0 0
Total disposals and retirements, property, plant and equipment 0 0
Total increase (decrease) in property, plant and equipment 372.51 552.83
Property, plant and equipment at end of period 1,519.43 1,146.92 594.09

Disclosure of detailed information about property, plant and equipment [Table] ..(86)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Other property, plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 470.85 657.84
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0
Total disposals and retirements, property, plant and equipment 0
Total increase (decrease) in property, plant and equipment 470.85 657.84
Property, plant and equipment at end of period 2,022.19 1,551.34 893.5

36
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Disclosure of detailed information about property, plant and equipment [Table] ..(87)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Other property, plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 98.34 105.01
Total Depreciation property plant and equipment 98.34 105.01
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0 0
Total disposals and retirements, property, plant and equipment 0 0
Total increase (decrease) in property, plant and equipment 98.34 105.01
Property, plant and equipment at end of period 502.76 404.42 299.41

Disclosure of detailed information about property, plant and equipment [Table] ..(88)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Other property, plant and equipment, others [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Refer to child Refer to child
Nature of other property plant and equipment others member member
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 470.85 657.84
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss -98.34 -105.01
Total Depreciation property plant and equipment -98.34 -105.01
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0 0
Total disposals and retirements, property, plant and equipment 0 0
Total increase (decrease) in property, plant and equipment 372.51 552.83
Property, plant and equipment at end of period 1,519.43 1,146.92 594.09

Disclosure of detailed information about property, plant and equipment [Table] ..(89)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Other property, plant and equipment, others [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Refer to child Refer to child
Nature of other property plant and equipment others member member
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 470.85 657.84
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0
Total disposals and retirements, property, plant and equipment 0
Total increase (decrease) in property, plant and equipment 470.85 657.84
Property, plant and equipment at end of period 2,022.19 1,551.34 893.5

Disclosure of detailed information about property, plant and equipment [Table] ..(90)

Unless otherwise specified, all monetary values are in Lakhs of INR

37
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Classes of property, plant and equipment [Axis] Other property, plant and equipment, others [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Refer to child Refer to child
Nature of other property plant and equipment others member member
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 98.34 105.01
Total Depreciation property plant and equipment 98.34 105.01
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0 0
Total disposals and retirements, property, plant and equipment 0 0
Total increase (decrease) in property, plant and equipment 98.34 105.01
Property, plant and equipment at end of period 502.76 404.42 299.41

Disclosure of detailed information about property, plant and equipment [Table] ..(91)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Other property, plant and equipment, others [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Right of use Right of use
Nature of other property plant and equipment others Assets Assets
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 470.85 657.84
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss -98.34 -105.01
Total Depreciation property plant and equipment -98.34 -105.01
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0 0
Total disposals and retirements, property, plant and equipment 0 0
Total increase (decrease) in property, plant and equipment 372.51 552.83
Property, plant and equipment at end of period 1,519.43 1,146.92 594.09

Disclosure of detailed information about property, plant and equipment [Table] ..(92)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Other property, plant and equipment, others [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Right of use Right of use
Nature of other property plant and equipment others Assets Assets
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Additions other than through business combinations, property, plant and
equipment 470.85 657.84
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0
Total disposals and retirements, property, plant and equipment 0
Total increase (decrease) in property, plant and equipment 470.85 657.84
Property, plant and equipment at end of period 2,022.19 1,551.34 893.5

Disclosure of detailed information about property, plant and equipment [Table] ..(93)

Unless otherwise specified, all monetary values are in Lakhs of INR

38
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Classes of property, plant and equipment [Axis] Other property, plant and equipment, others [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about property, plant and equipment [Abstract]
Disclosure of detailed information about property, plant and equipment [Line items]
Right of use Right of use
Nature of other property plant and equipment others Assets Assets
Reconciliation of changes in property, plant and equipment [Abstract]
Changes in property, plant and equipment [Abstract]
Depreciation, property, plant and equipment [Abstract]
Depreciation recognised in profit or loss 98.34 105.01
Total Depreciation property plant and equipment 98.34 105.01
Disposals and retirements, property, plant and equipment [Abstract]
Disposals, property, plant and equipment 0 0
Total disposals and retirements, property, plant and equipment 0 0
Total increase (decrease) in property, plant and equipment 98.34 105.01
Property, plant and equipment at end of period 502.76 404.42 299.41

Disclosure of additional information about property plant and equipment [Table] ..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Property, plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Period FY 2024 FY 2023
Disclosure of additional information about property plant and equipment [Abstract]
Disclosure of additional information about property plant and equipment [Line items]
Refer to child Refer to child
Depreciation method, property, plant and equipment member member
Refer to child Refer to child
Useful lives or depreciation rates, property, plant and equipment member member
Whether property, plant and equipment are stated at revalued amount No

Disclosure of additional information about property plant and equipment [Table] ..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Land [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member] Owned assets [Member]
Period FY 2024 FY 2023 FY 2024 FY 2023
Disclosure of additional information about property plant and
equipment [Abstract]
Disclosure of additional information about property plant and
equipment [Line items]
Refer to child Refer to child Written Down Written Down
Depreciation method, property, plant and equipment member member Value Method Value Method
Useful lives or depreciation rates, property, plant and Refer to child Refer to child As per the
equipment member member Schedule As per schdule
Whether property, plant and equipment are stated at revalued
amount No No No No

Disclosure of additional information about property plant and equipment [Table] ..(3)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Buildings [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Period FY 2024 FY 2023
Disclosure of additional information about property plant and equipment [Abstract]
Disclosure of additional information about property plant and equipment [Line items]
Refer to child Refer to child
Depreciation method, property, plant and equipment member member
Refer to child Refer to child
Useful lives or depreciation rates, property, plant and equipment member member
Whether property, plant and equipment are stated at revalued amount No No

Disclosure of additional information about property plant and equipment [Table] ..(4)

Unless otherwise specified, all monetary values are in Lakhs of INR

39
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Classes of property, plant and equipment [Axis] Residential building [Member]

Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member] Owned assets [Member]
Period FY 2024 FY 2023 FY 2024 FY 2023
Disclosure of additional information about property plant and
equipment [Abstract]
Disclosure of additional information about property plant and
equipment [Line items]
Refer to child Refer to child Written Down
Depreciation method, property, plant and equipment member member Written Down Value Method
Useful lives or depreciation rates, property, plant and Refer to child Refer to child As per the
equipment member member Schedule As per schdule
Whether property, plant and equipment are stated at revalued
amount No No No No

Disclosure of additional information about property plant and equipment [Table] ..(5)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Office building [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member] Owned assets [Member]
Period FY 2024 FY 2023 FY 2024 FY 2023
Disclosure of additional information about property plant and
equipment [Abstract]
Disclosure of additional information about property plant and
equipment [Line items]
Refer to child Refer to child Written Down Written Down
Depreciation method, property, plant and equipment member member Value Method Value Method
Useful lives or depreciation rates, property, plant and Refer to child Refer to child As per the
equipment member member Schedule As per schdule
Whether property, plant and equipment are stated at revalued
amount No No No No

Disclosure of additional information about property plant and equipment [Table] ..(6)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Factory building [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member] Owned assets [Member]
Period FY 2024 FY 2023 FY 2024 FY 2023
Disclosure of additional information about property plant and
equipment [Abstract]
Disclosure of additional information about property plant and
equipment [Line items]
Refer to child Refer to child Written Down
Depreciation method, property, plant and equipment member member Written Down Value Method
Useful lives or depreciation rates, property, plant and Refer to child Refer to child As per the
equipment member member Schedule As per schdule
Whether property, plant and equipment are stated at revalued
amount No No No No

Disclosure of additional information about property plant and equipment [Table] ..(7)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Period FY 2024 FY 2023
Disclosure of additional information about property plant and equipment [Abstract]
Disclosure of additional information about property plant and equipment [Line items]
Refer to child Refer to child
Depreciation method, property, plant and equipment member member
Refer to child Refer to child
Useful lives or depreciation rates, property, plant and equipment member member
Whether property, plant and equipment are stated at revalued amount No No

Disclosure of additional information about property plant and equipment [Table] ..(8)

Unless otherwise specified, all monetary values are in Lakhs of INR

40
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Classes of property, plant and equipment [Axis] Factory equipments [Member]

Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member] Owned assets [Member]
Period FY 2024 FY 2023 FY 2024 FY 2023
Disclosure of additional information about property plant and
equipment [Abstract]
Disclosure of additional information about property plant and
equipment [Line items]
Refer to child Refer to child Written Down
Depreciation method, property, plant and equipment member member Written Down Value Method
Useful lives or depreciation rates, property, plant and Refer to child Refer to child As per the
equipment member member Schedule As per schdule
Whether property, plant and equipment are stated at revalued
amount No No No No

Disclosure of additional information about property plant and equipment [Table] ..(9)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Other plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member] Owned assets [Member]
Period FY 2024 FY 2023 FY 2024 FY 2023
Disclosure of additional information about property plant and
equipment [Abstract]
Disclosure of additional information about property plant and
equipment [Line items]
Refer to child Refer to child Written Down
Depreciation method, property, plant and equipment member member Written Down Value Method
Useful lives or depreciation rates, property, plant and Refer to child Refer to child As per the
equipment member member Schedule As per schdule
Whether property, plant and equipment are stated at revalued
amount No No No No

Disclosure of additional information about property plant and equipment [Table] ..(10)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Furniture and fixtures [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member] Owned assets [Member]
Period FY 2024 FY 2023 FY 2024 FY 2023
Disclosure of additional information about property plant and
equipment [Abstract]
Disclosure of additional information about property plant and
equipment [Line items]
Refer to child Refer to child Written Down
Depreciation method, property, plant and equipment member member Written Down Value Method
Useful lives or depreciation rates, property, plant and Refer to child Refer to child As per the
equipment member member Schedule As per schdule
Whether property, plant and equipment are stated at revalued
amount No No No No

Disclosure of additional information about property plant and equipment [Table] ..(11)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Vehicles [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Period FY 2024 FY 2023
Disclosure of additional information about property plant and equipment [Abstract]
Disclosure of additional information about property plant and equipment [Line items]
Refer to child Refer to child
Depreciation method, property, plant and equipment member member
Refer to child Refer to child
Useful lives or depreciation rates, property, plant and equipment member member
Whether property, plant and equipment are stated at revalued amount No No

Disclosure of additional information about property plant and equipment [Table] ..(12)

Unless otherwise specified, all monetary values are in Lakhs of INR

41
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Classes of property, plant and equipment [Axis] Ships vessels [Member]

Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member] Owned assets [Member]
Period FY 2024 FY 2023 FY 2024 FY 2023
Disclosure of additional information about property plant and
equipment [Abstract]
Disclosure of additional information about property plant and
equipment [Line items]
Refer to child Refer to child Written Down
Depreciation method, property, plant and equipment member member Written Down Value Method
Useful lives or depreciation rates, property, plant and Refer to child Refer to child As per the
equipment member member Schedule As per schdule
Whether property, plant and equipment are stated at revalued
amount No No No No

Disclosure of additional information about property plant and equipment [Table] ..(13)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Office equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member] Owned assets [Member]
Period FY 2024 FY 2023 FY 2024 FY 2023
Disclosure of additional information about property plant and
equipment [Abstract]
Disclosure of additional information about property plant and
equipment [Line items]
Refer to child Refer to child Written Down
Depreciation method, property, plant and equipment member member Written Down Value Method
Useful lives or depreciation rates, property, plant and Refer to child Refer to child As per the
equipment member member Schedule As per schdule
Whether property, plant and equipment are stated at revalued
amount No No No No

Disclosure of additional information about property plant and equipment [Table] ..(14)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of property, plant and equipment [Axis] Computer equipments [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member] Owned assets [Member]
Period FY 2024 FY 2023 FY 2024 FY 2023
Disclosure of additional information about property plant and
equipment [Abstract]
Disclosure of additional information about property plant and
equipment [Line items]
Refer to child Refer to child Written Down
Depreciation method, property, plant and equipment member member Written Down Value Method
Useful lives or depreciation rates, property, plant and Refer to child Refer to child As per the
equipment member member Schedule As per schdule
Whether property, plant and equipment are stated at revalued
amount No No No No

Disclosure of additional information about property plant and equipment [Table] ..(15)

Unless otherwise specified, all monetary values are in Lakhs of INR

Other property,
plant and
equipment Other property, plant and equipment,
Classes of property, plant and equipment [Axis] [Member] others [Member]
Owned assets
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member] [Member]
Period FY 2024
Disclosure of additional information about property plant and equipment [Abstract]
Disclosure of additional information about property plant and equipment [Line items]
Refer to child Refer to child
Depreciation method, property, plant and equipment member member Written Down
Refer to child Refer to child As per the
Useful lives or depreciation rates, property, plant and equipment member member Schedule
Whether property, plant and equipment are stated at revalued amount No No No

42
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[400700] Notes - Investment property

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Written Down Written Down
Depreciation method, investment property, cost model Value Method Value Method
As per the As per the
Useful lives or depreciation rates, investment property, cost model Schedule Schedule

43
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[400900] Notes - Other intangible assets

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Whether there are intangible assets with indefinite useful life No No

Disclosure of detailed information about other intangible assets [Table] ..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of other intangible assets [Axis] Company other intangible assets [Member]
Internally generated and other than internally generated intangible
Sub classes of other intangible assets [Axis] assets [Member]
Carrying amount accumulated amortization and impairment and gross carrying amount
[Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about other intangible assets [Abstract]
Disclosure of detailed information about other intangible assets [Line items]
Reconciliation of changes in other intangible assets [Abstract]
Changes in Other intangible assets [Abstract]
Total increase (decrease) in Other intangible assets 0 0
Other intangible assets at end of period 0 0 0

Disclosure of detailed information about other intangible assets [Table] ..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of other intangible assets [Axis] Company other intangible assets [Member]
Internally generated and other than internally generated intangible
Sub classes of other intangible assets [Axis] assets [Member]
Carrying amount accumulated amortization and impairment and gross carrying amount
[Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about other intangible assets [Abstract]
Disclosure of detailed information about other intangible assets [Line items]
Reconciliation of changes in other intangible assets [Abstract]
Changes in Other intangible assets [Abstract]
Total increase (decrease) in Other intangible assets 0 0
Other intangible assets at end of period 0 0 0

Disclosure of detailed information about other intangible assets [Table] ..(3)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of other intangible assets [Axis] Company other intangible assets [Member]
Internally generated and other than internally generated intangible
Sub classes of other intangible assets [Axis] assets [Member]
Carrying amount accumulated amortization and impairment and gross carrying amount
[Axis] Accumulated amortization and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about other intangible assets [Abstract]
Disclosure of detailed information about other intangible assets [Line items]
Reconciliation of changes in other intangible assets [Abstract]
Changes in Other intangible assets [Abstract]
Total increase (decrease) in Other intangible assets 0 0
Other intangible assets at end of period 0 0 0

Disclosure of detailed information about other intangible assets [Table] ..(4)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of other intangible assets [Axis] Computer software [Member]
Internally generated and other than internally generated intangible
Sub classes of other intangible assets [Axis] assets [Member]
Carrying amount accumulated amortization and impairment and gross carrying amount
[Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about other intangible assets [Abstract]
Disclosure of detailed information about other intangible assets [Line items]
Reconciliation of changes in other intangible assets [Abstract]
Changes in Other intangible assets [Abstract]
Total increase (decrease) in Other intangible assets 0 0
Other intangible assets at end of period 0 0 0

44
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Disclosure of detailed information about other intangible assets [Table] ..(5)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of other intangible assets [Axis] Computer software [Member]
Internally generated and other than internally generated intangible
Sub classes of other intangible assets [Axis] assets [Member]
Carrying amount accumulated amortization and impairment and gross carrying amount
[Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about other intangible assets [Abstract]
Disclosure of detailed information about other intangible assets [Line items]
Reconciliation of changes in other intangible assets [Abstract]
Changes in Other intangible assets [Abstract]
Total increase (decrease) in Other intangible assets 0 0
Other intangible assets at end of period 0 0 0

Disclosure of detailed information about other intangible assets [Table] ..(6)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of other intangible assets [Axis] Computer software [Member]
Internally generated and other than internally generated intangible
Sub classes of other intangible assets [Axis] assets [Member]
Carrying amount accumulated amortization and impairment and gross carrying amount
[Axis] Accumulated amortization and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about other intangible assets [Abstract]
Disclosure of detailed information about other intangible assets [Line items]
Reconciliation of changes in other intangible assets [Abstract]
Changes in Other intangible assets [Abstract]
Total increase (decrease) in Other intangible assets 0 0
Other intangible assets at end of period 0 0 0

Disclosure of detailed information about other intangible assets [Table] ..(7)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of other intangible assets [Axis] Computer software [Member]
Sub classes of other intangible assets [Axis] Internally generated intangible assets [Member]
Carrying amount accumulated amortization and impairment and gross carrying amount
[Axis] Carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about other intangible assets [Abstract]
Disclosure of detailed information about other intangible assets [Line items]
Reconciliation of changes in other intangible assets [Abstract]
Changes in Other intangible assets [Abstract]
Total increase (decrease) in Other intangible assets 0 0
Other intangible assets at end of period 0 0 0

Disclosure of detailed information about other intangible assets [Table] ..(8)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of other intangible assets [Axis] Computer software [Member]
Sub classes of other intangible assets [Axis] Internally generated intangible assets [Member]
Carrying amount accumulated amortization and impairment and gross carrying amount
[Axis] Gross carrying amount [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about other intangible assets [Abstract]
Disclosure of detailed information about other intangible assets [Line items]
Reconciliation of changes in other intangible assets [Abstract]
Changes in Other intangible assets [Abstract]
Total increase (decrease) in Other intangible assets 0 0
Other intangible assets at end of period 0 0 0

Disclosure of detailed information about other intangible assets [Table] ..(9)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of other intangible assets [Axis] Computer software [Member]
Sub classes of other intangible assets [Axis] Internally generated intangible assets [Member]
Carrying amount accumulated amortization and impairment and gross carrying amount
[Axis] Accumulated amortization and impairment [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of detailed information about other intangible assets [Abstract]
Disclosure of detailed information about other intangible assets [Line items]
Reconciliation of changes in other intangible assets [Abstract]

45
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Changes in Other intangible assets [Abstract]

Total increase (decrease) in Other intangible assets 0 0
Other intangible assets at end of period 0 0 0

46
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[401000] Notes - Biological assets other than bearer plants

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Depreciation method, biological assets other than bearer plants, at cost NA NA
Useful lives or depreciation rates, biological assets other than bearer plants, at cost NA NA

47
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[401100] Notes - Subclassification and notes on liabilities and assets

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Subclassification and notes on liabilities and assets [Abstract]
Other non-current financial assets notes [Abstract]
Other non-current financial assets [Abstract]
Other non-current financial assets, others 1,168.38 727.84
Total other non-current financial assets 1,168.38 727.84
Other non-current assets notes [Abstract]
Other non-current assets [Abstract]
Advances, non-current 0 0
Total other non-current assets 0 0
Cash and bank balances notes [Abstract]
Cash and bank balances [Abstract]
Classification of cash and bank balances [Abstract]
Cash and cash equivalents [Abstract]
Balance with banks [Abstract]
Fixed deposits with banks 0 0
Other balances with banks 4,471.82 1,341.96
Total balance with banks 4,471.82 1,341.96
Cash on hand 64.11 43.7
Total cash and cash equivalents 4,535.93 1,385.66
Bank balance other than cash and cash equivalents 0.53 1.85
Total cash and bank balances 4,536.46 1,387.51
Details of balances held with banks to extent held as margin money or security against borrowings,
guarantees or other commitments [Abstract]
Total balances held with banks to extent held as margin money or security against borrowings,
guarantees or other commitments 0 0
Bank deposits with more than 12 months maturity 0 0
Other current financial assets [Abstract]
Other current financial assets others 9,157.97 8,984.04
Total other current financial assets 9,157.97 8,984.04
Other current assets notes [Abstract]
Other current assets [Abstract]
Other current assets, others 31,705.47 19,581.09
Total other current assets 31,705.47 19,581.09
Disclosure of other non-current financial liabilities notes [Abstract]
Other non-current financial liabilities [Abstract]
Security deposits refundable, Non-current 415.36 495.39
Total other non-current financial liabilities 415.36 495.39
Disclosure of other current financial liabilities notes [Abstract]
Other current financial liabilities [Abstract]
Interest accrued on borrowings 0 0
Interest accrued on public deposits 0 0
Interest accrued others 0 0
Unpaid dividends 0 0
Application money received for allotment of securities and due for refund and interest accrued thereon
[Abstract]
Total application money received for allotment of securities and due for refund and interest accrued
thereon 0 0
Unpaid matured deposits and interest accrued thereon 0 0
Unpaid matured debentures and interest accrued thereon 0 0
Debentures claimed but not paid 0 0
Public deposit payable, current 0 0
Other current financial liabilities, others 1,902.12 2,180.29
Total other current financial liabilities 1,902.12 2,180.29
Disclosure of other current liabilities notes [Abstract]
Other current liabilities [Abstract]
Other payables, current [Abstract]
Current liabilities portion of share application money pending allotment 0 0

Subclassification of trade receivables [Table]

Unless otherwise specified, all monetary values are in Lakhs of INR

48
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Classification based on current non-current [Axis] Current [Member]

Classification of assets based on security
Classification of assets based on security [Axis] [Member] Unsecured considered good [Member]
Period FY 2024 FY 2023 FY 2024 FY 2023
Subclassification of trade receivables [Abstract]
Subclassification of trade receivables [Line items]
Breakup of trade receivables [Abstract]
Trade receivables, gross 3,329.5 8,400.49 3,329.5 8,400.49
Allowance for bad and doubtful debts 0 0 0 0
Total trade receivables 3,329.5 8,400.49 3,329.5 8,400.49
Details of trade receivables due by directors, other officers or
others [Abstract]
Trade receivables due by directors 0 0
Trade receivables due by other officers 0 0
Total trade receivables due by directors, other officers or
others 0 0
Details of trade receivables due by firms or companies in
which any director is partner or director [Abstract]
Trade receivables due by firms in which any director is
partner 0 0
Trade receivables due by private companies in which any
director is director 0 0
Trade receivables due by private companies in which any
director is member 0 0
Total trade receivables due by firms or companies in which
any director is partner or director 0 0

Details of loans [Table] ..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classification based on current non-current [Axis] Non-current [Member]
Classification of loans [Axis] Loans [Member]
Classification of assets based on security
Classification of assets based on security [Axis] [Member] Unsecured considered good [Member]
Period FY 2024 FY 2023 FY 2024 FY 2023
Disclosure of loans [Abstract]
Details of loans [Line items]
Loans , gross 91.5 167 91.5 167
Allowance for bad and doubtful loans 0 0 0 0
Total loans 91.5 167 91.5 167
Details of loans due by directors, other officers or others
[Abstract]
Loans due by directors 0 0 0 0
Loans due by other officers 0 0 0 0
Loans due by others 91.5 0 91.5 0
Total loans due by directors, other officers or others 91.5 0 91.5 0
Details of loans due by firms or companies in which any
director is partner or director [Abstract]
Loans due by firms in which any director is partner 0 0 0 0
Loans due by private companies in which any director is
director 0 0 0 0
Loans due by private companies in which any director is
member 0 0 0 0
Total loans due by firms or companies in which any director
is partner or director 0 0 0 0

Details of loans [Table] ..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classification based on current non-current [Axis] Non-current [Member]
Classification of loans [Axis] Loans [Member] Loans to related parties [Member]
Classification of assets based on security [Axis] Doubtful [Member]
Period FY 2024 FY 2023 FY 2024 FY 2023
Disclosure of loans [Abstract]
Details of loans [Line items]
Loans , gross 0 0 0 0
Allowance for bad and doubtful loans 0 0 0 0
Total loans 0 0 0 0
Details of loans due by directors, other officers or others
[Abstract]
Loans due by directors 0 0 0 0

49
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Loans due by other officers 0 0 0 0

Total loans due by directors, other officers or others 0 0
Details of loans due by firms or companies in which any
director is partner or director [Abstract]
Loans due by firms in which any director is partner 0 0 0 0
Loans due by private companies in which any director is
director 0 0 0 0
Loans due by private companies in which any director is
member 0 0 0 0
Total loans due by firms or companies in which any director
is partner or director 0 0 0 0

Details of loans [Table] ..(3)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classification based on current non-current [Axis] Non-current [Member]
Classification of loans [Axis] Loans given subsidiaries [Member] Other loans [Member]
Classification of assets based on security [Axis] Doubtful [Member] Unsecured considered good [Member]
Period FY 2024 FY 2023 FY 2024 FY 2023
Disclosure of loans [Abstract]
Details of loans [Line items]
Loans , gross 0 0 91.5 167
Allowance for bad and doubtful loans 0 0 0 0
Total loans 0 0 91.5 167
Details of loans due by directors, other officers or others
[Abstract]
Loans due by directors 0 0 0 0
Loans due by other officers 0 0 0 0
Loans due by others 91.5 0
Total loans due by directors, other officers or others 0 91.5 0
Details of loans due by firms or companies in which any
director is partner or director [Abstract]
Loans due by firms in which any director is partner 0 0 0 0
Loans due by private companies in which any director is
director 0 0 0 0
Loans due by private companies in which any director is
member 0 0 0 0
Total loans due by firms or companies in which any director
is partner or director 0 0 0 0

Details of loans [Table] ..(4)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classification based on current non-current [Axis] Non-current [Member]
Classification of loans [Axis] Other loans, others [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member]
Period FY 2024 FY 2023
Disclosure of loans [Abstract]
Details of loans [Line items]
Loans , gross 91.5 167
Allowance for bad and doubtful loans 0 0
Total loans 91.5 167
Details of loans due by directors, other officers or others [Abstract]
Loans due by directors 0 0
Loans due by other officers 0 0
Loans due by others 91.5 0
Total loans due by directors, other officers or others 91.5 0
Details of loans due by firms or companies in which any director is partner or director [Abstract]
Loans due by firms in which any director is partner 0 0
Loans due by private companies in which any director is director 0 0
Loans due by private companies in which any director is member 0 0
Total loans due by firms or companies in which any director is partner or director 0 0

Details of loans [Table] ..(5)

Unless otherwise specified, all monetary values are in Lakhs of INR

50
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Classification based on current non-current [Axis] Current [Member]

Classification of loans [Axis] Loans [Member]
Classification of assets based on security
Classification of assets based on security [Axis] [Member] Secured considered good [Member]
Period FY 2024 FY 2023 FY 2024 FY 2023
Disclosure of loans [Abstract]
Details of loans [Line items]
Loans , gross 79.53 77.01 0 77.01
Allowance for bad and doubtful loans 0 0 0 0
Total loans 79.53 77.01 0 77.01
Details of loans due by directors, other officers or others
[Abstract]
Loans due by directors 0 0 0 0
Loans due by other officers 0 0 0 0
Total loans due by directors, other officers or others 0 0 0 0
Details of loans due by firms or companies in which any
director is partner or director [Abstract]
Loans due by firms in which any director is partner 0 0 0 0
Loans due by private companies in which any director is
director 0 0 0 0
Loans due by private companies in which any director is
member 0 0 0 0
Total loans due by firms or companies in which any director
is partner or director 0 0 0 0

Details of loans [Table] ..(6)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classification based on current non-current [Axis] Current [Member]
Classification of loans [Axis] Loans [Member] Security deposits [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member] Secured considered good [Member]
Period FY 2024 FY 2023 FY 2024 FY 2023
Disclosure of loans [Abstract]
Details of loans [Line items]
Loans , gross 79.53 0 0 0
Allowance for bad and doubtful loans 0 0 0 0
Total loans 79.53 0 0 0
Details of loans due by directors, other officers or others
[Abstract]
Loans due by directors 0 0 0 0
Loans due by other officers 0 0 0 0
Total loans due by directors, other officers or others 0 0 0
Details of loans due by firms or companies in which any
director is partner or director [Abstract]
Loans due by firms in which any director is partner 0 0 0 0
Loans due by private companies in which any director is
director 0 0 0 0
Loans due by private companies in which any director is
member 0 0 0 0
Total loans due by firms or companies in which any director
is partner or director 0 0 0 0

Details of loans [Table] ..(7)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classification based on current non-current [Axis] Current [Member]
Classification of loans [Axis] Loans given employees [Member]
Classification of assets based on security [Axis] Secured considered good [Member] Unsecured considered good [Member]
Period FY 2024 FY 2023 FY 2024 FY 2023
Disclosure of loans [Abstract]
Details of loans [Line items]
Loans , gross 0 77.01 79.53 0
Allowance for bad and doubtful loans 0 0 0 0
Total loans 0 77.01 79.53 0
Details of loans due by directors, other officers or others
[Abstract]
Loans due by directors 0 0 0 0
Loans due by other officers 0 0 0 0
Total loans due by directors, other officers or others 0 0
Details of loans due by firms or companies in which any
director is partner or director [Abstract]

51
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Loans due by firms in which any director is partner 0 0 0 0

Loans due by private companies in which any director is
director 0 0 0 0
Loans due by private companies in which any director is
member 0 0 0 0
Total loans due by firms or companies in which any director
is partner or director 0 0 0 0

Other non-current financial assets, others [Table] ..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classification of other non-current financial assets others [Axis] 1 2
Period FY 2024 FY 2023 FY 2024 FY 2023
Other non-current financial assets, others [Abstract]
Other non-current financial assets, others [Line items]
Deferred Cost due Deferred Cost due
Description other non-current financial assets, others to Fair Valuation to Fair Valuation Security Deposit Security Deposit
Other non-current financial assets, others 182.11 15.82 986.17 711.92

Other non-current financial assets, others [Table] ..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classification of other non-current financial assets others [Axis] 3
Period FY 2024 FY 2023
Other non-current financial assets, others [Abstract]
Other non-current financial assets, others [Line items]
Description other non-current financial assets, others Investment Investment
Other non-current financial assets, others 0.1 0.1

Classification of inventories [Table]

Unless otherwise specified, all monetary values are in Lakhs of INR
Classification of inventories [Axis] Company inventories [Member]
Period FY 2024 FY 2023
Classification of inventories [Abstract]
Classification of inventories [Line items]
Inventories 0 0

Other current financial assets others [Table]

Unless otherwise specified, all monetary values are in Lakhs of INR
Other current financial assets others [Axis] 1 2
Period FY 2024 FY 2023 FY 2024
Other current financial assets others [Abstract]
Other current financial assets others [Line items]
Description other current financial assets others Investment Investments Intrest receivable
Other current financial assets others 9,137.78 8,984.04 20.19

Other current assets others [Table] ..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR

Other current assets others [Axis] 1 2
Period FY 2024 FY 2023 FY 2024 FY 2023
Other current assets others [Abstract]
Other current assets others [Line items]
Advances to
Employee
Advances to (Unsecured,
Description of other current assets others Employee Considered Good) Inventories Inventories
Other current assets, others 27.14 23.74 31,002.83 19,279.28

Other current assets others [Table] ..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR

52
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Other current assets others [Axis] 3

Period FY 2024 FY 2023
Other current assets others [Abstract]
Other current assets others [Line items]
Pre Operative Pre Operative
Description of other current assets others Expenses Expenses
Other current assets, others 675.5 278.07

Disclosure of breakup of provisions [Table] ..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classification based on current non-current
Classification based on current non-current [Axis] [Member] Non-current [Member]
Period FY 2024 FY 2023 FY 2024 FY 2023
Disclosure of breakup of provisions [Abstract]
Disclosure of breakup of provisions [Line items]
Provisions [Abstract]
CSR expenditure provision 0 0
Other provisions 139.53 124.9
Total provisions 139.53 124.9
Provi s ion for Provi s ion for
Expenses Expenses
Provision for Provision for
Nature of other provisions Income Tax Income Tax

Disclosure of breakup of provisions [Table] ..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classification based on current non-current [Axis] Current [Member]
Period FY 2024 FY 2023
Disclosure of breakup of provisions [Abstract]
Disclosure of breakup of provisions [Line items]
Provisions [Abstract]
Provision for corporate tax [Abstract]
Provision for other tax 13,535 10,500
Total provision for corporate tax 13,535 10,500
CSR expenditure provision 0 0
Total provisions 13,535 10,500

Other current financial liabilities, others [Table] ..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR

Other current financial liabilities, others [Axis] 1 2
Period FY 2024 FY 2023 FY 2024 FY 2023
Other current financial liabilities, others [Abstract]
Other current financial liabilities, others [Line items]
Statutory Statutory
Liabilities Payable Liabilities Payable
Description of other current financial liabilities, others (PT, ESIC, PF) (PT, ESIC, PF) TDS/TCS Payable TDS/TCS Payable
Other current financial liabilities, others 47.08 43.86 292.75 276.87

Other current financial liabilities, others [Table] ..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR

Other current financial liabilities, others [Axis] 3 4
Period FY 2024 FY 2023 FY 2024 FY 2023
Other current financial liabilities, others [Abstract]
Other current financial liabilities, others [Line items]
Goods & Service Goods & Service Sundry Expenses Sundry Expenses
Description of other current financial liabilities, others Tax Payable Tax Payable payable payable
Other current financial liabilities, others 407.45 666.17 1,154.84 1,193.39

53
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[401200] Notes - Additional disclosures on balance sheet

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Additional balance sheet notes [Abstract]
Contingent liabilities and commitments [Abstract]
Classification of contingent liabilities [Abstract]
Total contingent liabilities 0 0
Total contingent liabilities and commitments 0 0
Details regarding dividends [Abstract]
Amount of dividends proposed to be distributed to equity shareholders 0 0
Amount of per share dividend proposed to be distributed to equity shareholders [INR/shares] 0 [INR/shares] 0
Details of deposits [Abstract]
Deposits accepted or renewed during period 0 0
Deposits matured and claimed but not paid during period 0 0
Deposits matured and claimed but not paid 0 0
Deposits matured but not claimed 0 0
Interest on deposits accrued and due but not paid 0 0
Details of share application money received and paid [Abstract]
Share application money received during year 0 0
Share application money paid during year 0 0
Amount of share application money received back during year 0 0
Amount of share application money repaid returned back during year 0 0
Number of person share application money paid during year [pure] 0 [pure] 0
Number of person share application money received during year [pure] 0 [pure] 0
Number of person share application money paid as at end of year [pure] 0 [pure] 0
Number of person share application money received as at end of year [pure] 0 [pure] 0
Share application money received and due for refund 0 0
Details regarding cost records and cost audit[Abstract]
Details regarding cost records [Abstract]
Whether maintenance of cost records by company has been mandated under Companies (Cost Records
and Audit) Rules, 2014 No No
Net worth of company 49,689.65 41,036.04
Details of unclaimed liabilities [Abstract]
Unclaimed share application refund money 0 0
Unclaimed matured debentures 0 0
Unclaimed matured deposits 0 0
Interest unclaimed amount 0 0
Financial parameters balance sheet items [Abstract]
Investment in subsidiary companies 0 0
Investment in government companies 0 0
Amount due for transfer to investor education and protection fund (IEPF) 0 0
Gross value of transactions with related parties 0 0
Number of warrants converted into equity shares during period [pure] 0 [pure] 0
Number of warrants converted into preference shares during period [pure] 0 [pure] 0
Number of warrants converted into debentures during period [pure] 0 [pure] 0
Number of warrants issued during period (in foreign currency) [pure] 0 [pure] 0
Number of warrants issued during period (INR) [pure] 0 [pure] 0

54
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[500100] Notes - Subclassification and notes on income and expenses

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Disclosure of revenue from operations [Abstract]
Disclosure of revenue from operations for other than finance company [Abstract]
Revenue from sale of products 150,487.65 131,939
Revenue from sale of services 7,655.61 7,261.6
Total revenue from operations other than finance company 158,143.26 139,200.6
Total revenue from operations 158,143.26 139,200.6
Disclosure of other income [Abstract]
Interest income [Abstract]
Interest income on current investments [Abstract]
Interest on fixed deposits, current investments 30.46 13.69
Total interest income on current investments 30.46 13.69
Total interest income 30.46 13.69
Dividend income [Abstract]
Total dividend income 0 0
Other non-operating income [Abstract]
Miscellaneous other non-operating income 1,892.7 759.84
Total other non-operating income 1,892.7 759.84
Total other income 1,923.16 773.53
Disclosure of finance cost [Abstract]
Interest expense [Abstract]
Other interest charges 2,413.83 1,892.11
Total interest expense 2,413.83 1,892.11
Total finance costs 2,413.83 1,892.11
Employee benefit expense [Abstract]
Salaries and wages 18,400.11 15,445.63
Managerial remuneration [Abstract]
Remuneration to directors [Abstract]
Total remuneration to directors 0 0
Total managerial remuneration 0 0
Leave encashment expenses 4.07 5.67
Gratuity 374.65 292.4
Staff welfare expense 957.84 807.67
Other employee related expenses 665.23 549.22
Total employee benefit expense 20,401.9 17,100.59
Depreciation, depletion and amortisation expense [Abstract]
Depreciation expense 4,170.61 3,307.19
Total depreciation, depletion and amortisation expense 4,170.61 3,307.19
Breakup of other expenses [Abstract]
Consumption of stores and spare parts 0 0
Power and fuel 2,267.97 1,854.56
Rent 170.63 123.04
Repairs to building 245.41 189.83
Repairs to machinery 478.44 279.58
Insurance 133.07 378.15
Rates and taxes excluding taxes on income [Abstract]
Other cess taxes 37 36.08
Total rates and taxes excluding taxes on income 37 36.08
Printing stationery 2.31 1.93
Travelling conveyance 338.89 321.79
Directors sitting fees 0 0
Donations subscriptions 0.35 1.24
Guest house expenses 130.41 104.39
Advertising promotional expenses 4.97 25.1
Loss on disposal of intangible Assets 0 0
Loss on disposal, discard, demolishment and destruction of depreciable property plant and equipment 0 0
Payments to auditor [Abstract]
Total payments to auditor 0 0
CSR expenditure 122.66 76.9
Miscellaneous expenses 5,257.7 3,881.32
Total other expenses 9,189.81 7,273.91
Current tax [Abstract]
Current tax pertaining to current year 3,035 2,500
Total current tax 3,035 2,500

55
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[500200] Notes - Additional information statement of profit and loss

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Additional information on profit and loss account [Abstract]
Changes in inventories of finished goods, work-in-progress and stock-in-trade [Abstract]
Total changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
Breakup of revenue as export and domestic [Abstract]
Revenue from sale of products [Abstract]
Domestic turnover goods, gross [Abstract]
Domestic sale manufactured goods 150,487.65 131,939
Domestic sale traded goods 0 0
Total domestic turnover goods, gross 150,487.65 131,939
Export turnover goods, gross [Abstract]
Export sale manufactured goods 0 0
Export sale traded goods 0 0
Total export turnover goods, gross 0 0
Total revenue from sale of products 150,487.65 131,939
Revenue from sale of services [Abstract]
Domestic revenue services 7,655.61 7,261.6
Export revenue services 0 0
Total revenue from sale of services 7,655.61 7,261.6
Gross value of transaction with related parties 0 0
Bad debts of related parties 0 0

56
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[610100] Notes - List of accounting policies

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Textual Textual
Disclosure of significant accounting policies [Text Block] Information (1) Information (2)

Textual information (1): Disclosure of significant accounting policies [Text Block]

COMPANY INFORMATION AND SIGNIFICANT ACCOUNTING POLICIES

• Company Information

• Reporting Entity

Alf Engineering Private Limited (“the Company”) has been incorporated on 02/03/2006. The registered office of the company is situated in
Nashik, Maharashtra. The company is a leading OE manufacturer of automotive Chassis, and currently manufactures over 1400 frames/day from
its plants across India. It is also engaged in the indigenous design and development of hydro-formed components for the automotive industry.
The Company also manufactures and supplies assemblies and parts for suspensions - both front and rear, which includes cradles, control arms
& links. The financial statements reflect the results of its operations carried on by the company.

• Basis of preparation- measurement and significant accounting policies- statement of compliances

The financial statements have been prepared in accordance with the Indian Accounting Standards (Ind AS) prescribed under Section 133 of the
Companies Act, 2013, as notified under the Companies (Indian Accounting Standard) Rules, 2015 (as amended), and other accounting
principles generally accepted in India on accrual basis. Further, the Guidance Note/ Announcements issued by The Institute of Chartered
Accountants of India (ICAI) are also considered wherever applicable, as adopted consistently by the company.

For all the periods up to and including 31st March 2019, the Company has prepared its financial statements in accordance with Generally
Accepted Accounting Principles (GAAP) in India, which includes, Accounting Standards prescribed under section 133 of the Companies Act
2013, read with Rule 7 of the Companies (Accounts) Rules, 2014 and the Companies Act, 2013 (collectively referred to as ‘Indian GAAP’).

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

The financial statements have been prepared on accrual and going concern basis. The accounting policies are applied consistently to all the
periods presented in the financial statements, including the preparation of the opening Ind AS Balance Sheet as at 1st April, 2019 being the date
of transition to Ind AS. All assets and liabilities have been classified as current or non-current as per the Company’s normal operating cycle and
other criteria asset out in the Division II of Schedule III of 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 company has ascertained its operating cycle as 12 months for the
purpose of current or non-current classification of assets and liabilities.

The Company followed Ind AS 101 in preparing its opening Ind AS Balance sheet as of the date of transition, viz. 1st April 2019. Some of the
Company’s Ind AS Accounting Policies used in the opening Balance Sheet differed from its Indian GAAP Accounting Policies applied as at 31st
March, 2019 and accordingly the adjustments were made to restate the opening balances as per Ind AS. The resulting adjustments, arising from
events and transactions before the date of transition to Ind AS, were recognised directly through retained earnings as at 1st April, 2019 as
required by Ind AS 101.

• Basis of measurement:

The financial statements have been prepared on the historical cost basis except for:-

a. Certain financial assets and liabilities that are measured at fair value (refer accounting policy regarding financial instruments) and defined
benefit plans and plan assets. The methods used to measure fair values are discussed further in notes to financial statements.

• Use of estimates and management judgements:

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

The preparation of financial statements requires the management of the company to make estimates and assumptions to be made that affect the
reported amounts of assets and liabilities on the date of financial statements, disclosure of contingent liabilities as at the date of the financial
statements, and the reported amounts of income and expenses during the reported period. Management continuously evaluates all of its
estimates and judgements based on available information and its experience and believes that the estimates used in preparation of financial
statements are prudent and reasonable. Changes in estimates are reflected in the financial statements in the period in which changes are made
and, if material, their effects are disclosed in the financial statements.

In order to enhance understanding of the financial statements, information about significant areas of estimation, uncertainty and critical
judgments in applying accounting policies that have the most significant effect on the amounts recognized in the financial statements is as under:

• Determination of estimated useful life of tangible assets and components of cost:

Property, plant and equipment represent a significant proportion of asset base of the company. The charge in respect of periodic depreciation is
derived after determining the estimate of an assets expected useful life, the expected residual value at the end of its life and depreciation
method. The useful lives and residual values of company's assets are determined by the management at the time the asset is acquired and
reviewed periodically, including at each financial year end along with depreciation method. The lives are based on historical experience with
similar assets as well as anticipation of future events, which may impact their life, such as changes in technology. The reassessment of useful life
may result in change in depreciation expense in future periods. Assessment is also made as to which components & cost may be capitalised.

• Determination of estimated useful life of intangible assets and components of cost:

The charge in respect of periodic amortization is derived after determining the estimate of an asset expected useful life and amortization method.
The useful lives are determined by the management at the time the asset is acquired and reviewed periodically, including at each financial year
end along with amortization method. The useful lives are based on historical experience with similar assets as well as anticipation of future
events, which may impact their life, such as change in technology.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

• Provisions:

Provisions are recognised when the company has present obligation as a result of past event and it is probable that an outflow of resources will
be required to settle the obligation, in respect of which a reliable estimate can be made. It is determined based on management estimate
required to settle the obligation at the balance sheet date.

• Contingent liabilities/ Assets:

Contingent liabilities/assets are disclosed on the basis of judgment of management/independent experts. These are reviewed at each balance
sheet date and are adjusted to reflect the current management estimate.

• Post employment benefit plans

• Defined Contribution Plans: The company’s Provident Fund scheme, Employee state insurance scheme, and employee pension scheme are
defined contribution plans. The contribution paid/payable under the scheme is recognized in the period which the employee renders the related
service.

• Defined Benefit Plans: The company’s liabilities towards gratuity and leave encashment are defined benefit plans. Such expenditure are
recognised in the period in which they are incurred.

• Impairment test on non-financial assets:

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

The recoverable amount of PPE is determined based on judgement of assumptions of technical experts. Any changes in these assumptions may
have a material impact on the measurement of the recoverable amount and could result in impairment

• Recognition of Deferred Tax Assets:

The Company reviews the carrying amount of deferred tax assets at the end of each reporting period. The extent to which deferred tax assets
can be recognized is based on an assessment of the probability of the Company's future taxable income against which the deferred tax assets
can be utilized. In addition, significant judgement is required in assessing the impact of any legal or economic limits.

• Measurement of Fair Values

The company's accounting policies require financial instruments to be measured at fair values. The company has established control framework
with respect to the measurement of fair values. The company uses valuation techniques that are appropriate in circumstances and for which
sufficient data are available to measure fair value maximizing the use of relevant observable inputs and minimizing the use of unobservable
inputs. The management regularly reviews significant unobservable inputs. Fair values are categorised in different levels of hierarchy based on
inputs used in valuation techniques as follows:

Level 1 inputs : Quoted unadjusted prices in active market.

Level 2 inputs : Other than quoted prices that are observable either directly or indirectly.

Level 3 inputs : Unobservable inputs

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

• Significant Accounting Policies

• Functional and Presentation Currency:

These Financial Statements are presented in Indian Rupees (INR), which is the Company's functional currency.

• Property, Plant & Equipment’s (PPE) and Intangible Assets:

2.1Property, plant and equipment are stated at acquisition cost net of accumulated depreciation and accumulated impairment losses, if any.

2.2The initial cost of fixed asset comprises its purchase price, including any import duties and other taxes net of recoverable taxes and any
directly attributable expenditure on making the asset ready for its intended use including interest on borrowings attributable to acquisition of
qualifying fixed assets up to the date the asset is ready for its intended use and net of any trade discounts and rebates and other incidental
expenses and an initial estimate of the costs of dismantling, removing the item and restoring the site on which it is located, if any.

2.3Subsequent costs are included in the asset’s carrying amount or recognised as a separate asset, as appropriate, only when it is probable that
future economic benefits associated with the item will flow to the Company and the cost of the item can be measured reliably. When parts of an
item of property, plant and equipment have different useful lives, they are accounted for as separate items (major components).

2.4 All other repairs and maintenance are charged to the Statement of Profit and Loss during the period in which they are incurred.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

2.5 Gains or losses arising on retirement or disposal of property, plant and equipment are recognised in the Statement of Profit or Loss.

2.6 Property, plant and equipment which are not ready for intended use as on the date of Balance Sheet are disclosed as “Capital
work-in-progress”.

2.7 Depreciation is provided on a pro-rata basis on the WDV method based on estimated useful life prescribed under Schedule II to the
Companies Act, 2013.

2.8 Freehold land is not depreciated.

2.9 Upon first-time adoption of Ind AS, the Company has elected to measure all its property, plant and equipment at the Previous GAAP carrying
amount as its deemed cost on the date of transition to Ind AS i.e., 1st April,2019.

2.10 Separately purchased intangible assets are initially measured at cost. Intangible assets are carried at costless any accumulated
amortisation and accumulated impairment losses, if any.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

2.11 Depreciation method, useful lives and residual values are reviewed at the end of each reporting period and are adjusted appropriately.

2.12 Property, Plant and Equipment and Intangible Assets costing Rs.5,000/- or less are depreciated/amortised fully in the year of purchase.

2.13 Intangible assets with finite useful life are amortized over the useful economic life and assessed for impairment whenever there is an
indication that the asset may be impaired. The amortization method and period are reviewed at the end of each reporting period. Residual value
is estimated to be immaterial and hence has been considered as nil.

2.14 Depreciation on addition to/deduction from an existing asset which forms integral part of main assets capitalised earlier is charged over the
remaining useful life of that asset.

2.15 Fully depreciated asset still in use are retained in the Financial Statement.

3. Foreign Currency

3.1 Transactions denominated in foreign currencies are recorded at the exchange rate prevailing at the time of transaction.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

3.2 Monetary items denominated in foreign currencies are translated at exchange rates as at the reporting date.

3.3 Exchange differences arising on the settlement or translations of monetary items are recognized in Statement of Profit and Loss in the year in
which these arise.

4. Impairment of Assets:

The carrying values of assets at each Balance Sheet date are reviewed for impairment. If any indication of such impairment exists, the
recoverable amount of such assets is estimated and impairment is recognised. The impairment loss recognised is charged to the Statement of
Profit and Loss in the year in which an asset is identified as impaired. The impairment loss recognized in prior accounting periods is reversed if
there is a change in the estimate of the recoverable amount.

5. Revenue Recognition:

i. Sale of goods

The Company recognizes revenue from sale of goods measured at the fair value of the consideration received or receivable, upon satisfaction of
performance obligation which is at a point in time when control of the goods is transferred to the customer, which is generally on delivery of the
goods. Depending on the terms of the contract, which differs from contract to contract, the goods are sold on a reasonable credit term. As per the
terms of the contract, consideration that is variable, according to Ind AS 115, is estimated at contract inception and updated thereafter at each
reporting date or until crystallisation of the amount.

ii. Sale of services

Sale of services is recognised on satisfaction of performance obligation towards rendering of such services.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

iii. Dividend and interest income

Dividend from investments is recognised in profit or loss when the right to receive payment is established. Interest income from a financial asset
is recognised when it is probable that the economic benefits will flow to the Company and the amount of income can be measured reliably.

6. Employee Benefits:

6.1 Short Term Employee Benefits:

All employees’ benefits wholly payable within twelve months of rendering the services are classified as short term employee benefits. Benefits
such as salaries, wages, bonus, etc are recognized in the period which the employee rendered the related services.

6.2 Post Employment Benefits:

a) Defined Contribution Plans: the Company’s Provident Fund scheme, Employee state insurance scheme, and employee pension scheme are
defined contribution plans. The contribution paid/payable under the scheme is recognized in the period which the employee renders the related
service.

b) Defined Benefit Plans: The company’s liabilities towards gratuity and leave encashment are defined benefit plans. Such expenditure is
recognised in the period in which they are incurred.

• Insurance Claims:

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Insurance claims are accounted for based on acceptance of claims.

• Prior Period Expenses and Income

Income Expenditure relating to a prior period which does not exceed 0.5% of the total turnover are treated as income / expenditure of current
year.

• Prepaid Items

Individual items of Prepaid Expenses over Rs.1,00,000/- each are recognised.

• Leases:

• Company as a lessee:

• The Company has adopted Ind-AS 116-Leases effective 1st April, 2019, using the modified retrospective method. The Company has applied
the standard to its leases with the cumulative impact recognised on the date of initial application (1st April, 2019). Accordingly, previous period
information has not been restated. The company's lease asset classes primarily consist of leases for Land.

• The company assesses whether a contract is, or contains a lease, at inception of a contract. A contract is, or contains, a lease if the contract
conveys the right to control the use of an identified asset for a period of time in exchange for consideration. To assess whether a contract
conveys the right to control the use of an identified underlined asset, the company assesses whether:

• The contract involves the use of an identified underlying asset,

• The company has substantially all of the economic benefits from use of the underlying asset through the period of the lease, and

• The company has the right to direct the use of the underlying asset.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

• At the date of commencement of the lease, the company recognises a right-of-use asset (“ROU”) and a corresponding lease liability for all lease
arrangements in which it is a lessee, except for leases with a term of twelve months or less (short term leases) and leases of low value assets.
For short term and leases of low value assets, the Company recognises the lease payments as an operating expense on a straight line basis
over the term of the lease.

• The ROU assets are initially recognised at cost, which consist of initial amount of the lease liability adjusted for any lease payments made at or
prior to the commencement date of the lease plus any initial direct costs, plus the excess of the principal amount of the deposit over its fair value,
less any lease incentives. The ROU assets are subsequently measured at cost less accumulated depreciation and impairment losses, if any.

• The ROU assets are depreciated from the commencement date on a straight-line basis over the shorter of the lease term and useful life of the
underlying asset.

• The lease liability is initially measured at the present value of the future lease payments. The lease payments are discounted using the interest
rate implicit in the lease or, if not readily determinable, using the Effective Interest Rate (EIR). The lease liability is subsequently re-measured by
increasing the carrying amount to reflect interest on the lease liability, reducing the carrying amount to reflect the lease payments made. A lease
liability is re-measured upon the occurrence of certain events such as a change in the lease term or a change in an index or rate used to
determine lease payments. The re-measurement normally also adjusts the leased assets. The Lease liability and ROU assets have been
separately presented in the Balance Sheet and lease payments have been classified as financing cash flows.

• In respect of assets acquired on lease by paying full consideration, being the transaction price, such assets have been recognised under the
head ROU assets at transaction price with corresponding liability at nil.

• Company as a lessor:

10.2.1 Leases in which the Company does not transfer substantially all the risks and benefits of ownership of the asset are classified as
operating leases. Rental income, if any, from operating lease is recognized on a straight-line basis over the term of the relevant lease except the
case where incremental lease reflects inflationary effect and lease expense is accounted in such case by actual rent for the period.

10.2.2 Leases are classified as finance leases when substantially all of the risks and rewards of ownership are transferred from the company to
the lessee. Amounts due from lessees under finance leases are recorded as receivables at the Company's net investment in the leases. Finance
lease income is allocated to accounting periods so as to reflect a constant periodic rate of return on the net investment outstanding in respect of
the lease.

11. Borrowing Costs:

11.1 Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take
a substantial period of time to get ready for their intended use or sale, are added to the cost of those assets, until such time as the assets are
substantially ready for their intended use or sale.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

11.2 Interest income earned on the temporary investment of specific borrowings pending their expenditure on qualifying assets is deducted from
the borrowing costs eligible for capitalisation.

11.3 All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

• Government Grants:

Government Grants are recognised in profit or loss on a systematic basis over the periods in which the company recognises as expenses the
related cost for which the grants are intended to compensate. Specifically, government grants whose primary condition is that the company
purchase, construct or otherwise acquire non-current assets are recognised as deferred revenue in the balance sheet and transferred to profit or
loss on a systematic and rational basis over the useful lives of the related assets.

Government grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial
support to the company with no future related costs are recognised in profit or loss in the period in which they become receivable.

13. Foreign Currency Transactions:

The functional currency of the Company is Indian Rupees (INR).

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Foreign currency transactions are recorded at exchange rates prevailing on the date of the transaction. Gains and losses arising on settlement
are included in the profit or loss.

14. Financial Instruments:

14.1 Recognition, Initial Measurement and De-recognition

14.1.1 Financial assets and financial liabilities are recognised and are measured initially at fair value adjusted by transactions costs, except for
those financial assets which are classified at Fair Value through Profit & Loss (FVTPL) at inception.

14.1.2 Financial assets are derecognised when the contractual rights to the cash flows from the financial asset expire, or when the financial asset
and all substantial risks and rewards are transferred. A financial liability is derecognized when it is extinguished, discharged, cancelled or
expires.

14.2 Classification and subsequent measurement of financial assets

14.2.1 For the purpose of subsequent measurement, financial assets are classified into the following categories upon initial recognition:

• financial assets at amortised cost using effective interest rates (EIR)

• financial assets at fair value through profit or loss (FVTPL)

• financial assets at fair value through other comprehensive income (FVTOCI)

14.2.2 All financial assets except for those at FVTPL are subject to review for impairment at least at each reporting date.

• Effective Interest Rate (EIR) is calculated as follows:

• 14.3.1 Advances to Employees - Interest rate used for calculation of perquisite value of employees under Income Tax Act, 1961 (i.e. State Bank
India rate at the beginning of the financial year) for each type of long-term advance.

• 14.3.2Financial assets & financial liabilities which are interest bearing at market rates: EIR in these cases are equivalent to instrument's interest
rate.

• For financial assets or financial liabilities not at fair value: SBMCLR/Base rate (1year) at beginning of financial year.

• Right of Use (ROU) Assets: SBI MCLR (1year) applicable on the date of lease agreement.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

14.4 Classification and subsequent measurement of financial liabilities

Financial liabilities are measured subsequently at amortized cost using the effective interest method, except for financial liabilities held for trading
or designated at FVTPL, that are carried subsequently at fair value with gains or losses recognized in profit or loss. All derivative financial
instruments are accounted for at FVTPL.

14.5 Impairment of Financial Assets

Provision for impairment of Financial Assets is recognised based on the recovery analysis performed by the company for Individual Financial
Asset and on establishment of non-recoverability these are written off.

15. Inventories:

Inventories comprise of all cost of purchase, conversion and other cost incurred in bringing the inventories to their present condition and location.

Raw materials and bought out components are valued at lower of cost or net realisable value. Cost is determined on the basis of weighted
average method.

Finished goods produced and purchased for sale, manufactured components and work-in-progress are carried out at cost or net realisable value
whichever is lower.

Stores, spares and tools other than obsolete and slow moving items are carried at cost. Obsolete and slow moving items are valued at cost or
net realisable value whichever is lower.

16. Taxation:

Tax expense comprises of current tax and deferred tax. Current tax is measured at the amount expected to be paid to / recovered from the tax
authorities, based on estimated tax liability computed after taking credit for allowances and exemption in accordance with the tax laws applicable
in India.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Minimum Alternative Tax (MAT) paid in accordance with the tax laws, which gives rise to future economic benefits in the form of adjustment of
future income tax liability is considered as an asset if there is convincing evidence that the company will pay normal tax in future periods.
Accordingly, it is recognized as an asset in the Balance Sheet when it is probable that the future economic benefit associated with it will flow to
the company and the asset can be measured reliably.

Deferred Income Taxes:

Deferred income tax is recognised using the balance sheet approach. Deferred income tax assets and liabilities are recognised for deductible
and taxable temporary differences arising between the tax base of assets and liabilities and their carrying amount.

Deferred income tax asset are recognised to the extent that it is probable that taxable profit will be available against which the deductible
temporary differences and the carry forward of unused tax credits and unused tax losses can be utilised.

Deferred income tax liabilities are recognised for all taxable temporary differences except in respect of taxable temporary differences associated
with investments in subsidiaries where the timing of the reversal of the temporary difference can be controlled and it is probable that the
temporary difference will not reverse in the foreseeable future.

The carrying amount of deferred income tax assets is reviewed at each reporting date and reduced to the extent that it is no longer probable that
sufficient taxable profit will be available to allow all or part of the deferred income tax asset to be utilised.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Deferred tax assets and liabilities are measured using substantively enacted tax rates expected to apply to taxable income in the years in which
the temporary differences are expected to be received or settled.

17. Earnings per Share:

17.1 Basic earnings/ (loss) per share are calculated by dividing the net profit / (loss) for the period attributable to equity shareholders by the
weighted average number of equity shares outstanding during the period.

17.2 For the purpose of calculating diluted earnings per share, the net profit or loss for the period attributable to equity shareholders and the
weighted average number of shares outstanding during the period are adjusted for the effects of all dilutive potential equity shares.

18. Provision, Contingent Liabilities and Contingent Assets:

A provision is recognised when the company has a present obligation as a result of a past event and it is probable that an outflow of resources
will be required to settle the obligation and in respect of which a reliable estimate can be made. Provisions are determined based an
management estimate required to settle the obligation at the balance sheet date and are not discounted to present value. Contingent liabilities
are disclosed on the basis of judgment of the management/independent experts. These are reviewed at each balance sheet date and are
adjusted to reflect the current management estimate. Contingent Assets are not recognised but disclosed in the financial statements.

19. Cash Flow Statement:

Cash Flow Statement is prepared in accordance with the indirect method prescribed in Indian Accounting Standard (Ind AS) - 7 on 'Statement of
Cash Flows'.

20. Provision for doubtful debts and advances

Provision for doubtful debts / advances is made when there is uncertainty of realisation irrespective of the period of its dues and is written off on
establishment of non-recoverability.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

21. Events after the reporting period:

Material adjusting events (that provides evidence of condition that existed at the balance sheet date) occurring after the balance sheet date are
recognized in the financial statements. Non adjusting events (that are indicative of conditions that arose subsequent to the balance sheet date)
occurring after the balance sheet

date that represent material change and commitment affecting the financial position are disclosed in the reports of the board of directors.

3 Explanation of Transition to Ind AS

The Transition as at April 1, 2019 to Ind AS was carried out from Previous GAAP. The exemptions and exceptions applied by the company in
accordance with Ind AS 101- First-time Adoption of Indian Accounting Standards, the reconciliations of equity and total comprehensive income in
accordance with previous GAAP to Ind AS are explained below.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

The company has applied the following exemptions:

(a) Deemed cost for property, plant and equipment and intangible assets

The company has elected to continue with the carrying value of all its property, plant and equipment, investment property, and intangible assets
recognised as of 01stApril 2019 (the transition date) measured as per the previous GAAP and use that carrying value as its deemed cost as of
the transition date.

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

GOVILKAR & ASSOCIATES

Chartered Accountants

FRN 119099W

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Suyog Tikekar Nayan Pophale Pierre Dsouza Joseph Dsouza

Partner Company Secretary Director Director

M.No. 110180 M.No.49138 DIN: 00334924 DIN: 00335017

Place: Nashik Place: Nashik Place: Nashik

Date: 11.09.2024 Date: 11.09.2024 Date: 11.09.2024

Textual information (2): Disclosure of significant accounting policies [Text Block]

NA

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[610200] Notes - Corporate information and statement of IndAs compliance

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Textual Textual
Statement of Ind AS compliance [Text Block] Information (3) Information (4)
Whether there is any departure from Ind AS No No
Whether there are reclassifications to comparative amounts No No
Description of reason why reclassification of comparative amounts is impracticable NA NA
Description of nature of necessary adjustments to provide comparative information NA NA
Textual Textual
Disclosure of significant accounting policies [Text Block] Information (5) Information (6)

Textual information (3): Statement of Ind AS compliance [Text Block]

The financial statements have been prepared inaccordance with the Indian Accounting Standards(Ind AS) prescribed under Section 133 of the

CompaniesAct, 2013, as notified under the Companies (Indian Accounting Standard) Rules, 2015 (as amended), and other accounting

principles generally accepted in India on accrual basis. Further, the Guidance Note/ Announcements issued by The Institute of Chartered

Accountants of India (ICAI) are also considered wherever applicable, as adopted consistently by the company.

For all the periods up to and including 31st March 2019, the Company has prepared its financial statements in accordance with Generally

Accepted Accounting Principles (GAAP) in India, which includes, Accounting Standards prescribed under section 133 of the Companies Act

2013, read with Rule 7 of the Companies (Accounts) Rules, 2014 and the Companies Act, 2013 (collectively referred to as ‘Indian GAAP’).

The financial statements have been prepared on accrualand going concern basis. The accounting policies are applied consistently to all the

periods presented in thefinancial statements, including the preparation of theopening Ind AS Balance Sheet as at 1st April, 2019 beingthe

date of transition to Ind AS. All assets and liabilities have been classified as current or non-current as per the Company’s normal operating

cycle and other criteria asset out in the Division II of Schedule III of 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 company has ascertained its operating

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

cycle as 12 months for the purpose of current or non-current classification of assets and liabilities.

The Company followed Ind AS 101 in preparing its opening Ind AS Balance sheet as of the date of transition, viz. 1st April 2019. Some of

the Company’s Ind AS Accounting Policies used in the opening Balance Sheet differed from its Indian GAAP Accounting Policies applied as

at 31st March, 2019 and accordingly the adjustments were made to restate the opening balances as per Ind AS. The resulting adjustments,

arising from events and transactions before the date of transition to Ind AS, were recognised directly through retained earnings as at 1st

April, 2019 as required by Ind AS 101.

Textual information (4): Statement of Ind AS compliance [Text Block]

The financial statements have been prepared inaccordance with the Indian Accounting Standards(Ind AS) prescribed under Section 133 of the

CompaniesAct, 2013, as notified under the Companies (Indian Accounting Standard) Rules, 2015 (as amended), and other accounting

principles generally accepted in India on accrual basis. Further, the Guidance Note/ Announcements issued by The Institute of Chartered

Accountants of India (ICAI) are also considered wherever applicable, as adopted consistently by the company.

For all the periods up to and including 31st March 2019, the Company has prepared its financial statements in accordance with Generally

Accepted Accounting Principles (GAAP) in India, which includes, Accounting Standards prescribed under section 133 of the Companies Act

2013, read with Rule 7 of the Companies (Accounts) Rules, 2014 and the Companies Act, 2013 (collectively referred to as ‘Indian GAAP’).

The financial statements have been prepared on accrualand going concern basis. The accounting policies are applied consistently to all the

periods presented in thefinancial statements, including the preparation of theopening Ind AS Balance Sheet as at 1st April, 2019 beingthe

date of transition to Ind AS. All assets and liabilities have been classified as current or non-current as per the Company’s normal operating

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

cycle and other criteria asset out in the Division II of Schedule III of 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 company has ascertained its operating

cycle as 12 months for the purpose of current or non-current classification of assets and liabilities.

The Company followed Ind AS 101 in preparing its opening Ind AS Balance sheet as of the date of transition, viz. 1st April 2019. Some of

the Company’s Ind AS Accounting Policies used in the opening Balance Sheet differed from its Indian GAAP Accounting Policies applied as

at 31st March, 2019 and accordingly the adjustments were made to restate the opening balances as per Ind AS. The resulting adjustments,

arising from events and transactions before the date of transition to Ind AS, were recognised directly through retained earnings as at 1st

April, 2019 as required by Ind AS 101.

Textual information (5): Disclosure of significant accounting policies [Text Block]

COMPANY INFORMATION AND SIGNIFICANT ACCOUNTING POLICIES

• Company Information

• Reporting Entity

Alf Engineering Private Limited (“the Company”) has been incorporated on 02/03/2006. The registered office of the company is situated in
Nashik, Maharashtra. The company is a leading OE manufacturer of automotive Chassis, and currently manufactures over 1400 frames/day from
its plants across India. It is also engaged in the indigenous design and development of hydro-formed components for the automotive industry.
The Company also manufactures and supplies assemblies and parts for suspensions - both front and rear, which includes cradles, control arms
& links. The financial statements reflect the results of its operations carried on by the company.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

• Basis of preparation- measurement and significant accounting policies- statement of compliances

The financial statements have been prepared in accordance with the Indian Accounting Standards (Ind AS) prescribed under Section 133 of the
Companies Act, 2013, as notified under the Companies (Indian Accounting Standard) Rules, 2015 (as amended), and other accounting
principles generally accepted in India on accrual basis. Further, the Guidance Note/ Announcements issued by The Institute of Chartered
Accountants of India (ICAI) are also considered wherever applicable, as adopted consistently by the company.

For all the periods up to and including 31st March 2019, the Company has prepared its financial statements in accordance with Generally
Accepted Accounting Principles (GAAP) in India, which includes, Accounting Standards prescribed under section 133 of the Companies Act
2013, read with Rule 7 of the Companies (Accounts) Rules, 2014 and the Companies Act, 2013 (collectively referred to as ‘Indian GAAP’).

The financial statements have been prepared on accrual and going concern basis. The accounting policies are applied consistently to all the
periods presented in the financial statements, including the preparation of the opening Ind AS Balance Sheet as at 1st April, 2019 being the date
of transition to Ind AS. All assets and liabilities have been classified as current or non-current as per the Company’s normal operating cycle and
other criteria asset out in the Division II of Schedule III of 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 company has ascertained its operating cycle as 12 months for the
purpose of current or non-current classification of assets and liabilities.

The Company followed Ind AS 101 in preparing its opening Ind AS Balance sheet as of the date of transition, viz. 1st April 2019. Some of the
Company’s Ind AS Accounting Policies used in the opening Balance Sheet differed from its Indian GAAP Accounting Policies applied as at 31st
March, 2019 and accordingly the adjustments were made to restate the opening balances as per Ind AS. The resulting adjustments, arising from
events and transactions before the date of transition to Ind AS, were recognised directly through retained earnings as at 1st April, 2019 as
required by Ind AS 101.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

• Basis of measurement:

The financial statements have been prepared on the historical cost basis except for:-

a. Certain financial assets and liabilities that are measured at fair value (refer accounting policy regarding financial instruments) and defined
benefit plans and plan assets. The methods used to measure fair values are discussed further in notes to financial statements.

• Use of estimates and management judgements:

The preparation of financial statements requires the management of the company to make estimates and assumptions to be made that affect the
reported amounts of assets and liabilities on the date of financial statements, disclosure of contingent liabilities as at the date of the financial
statements, and the reported amounts of income and expenses during the reported period. Management continuously evaluates all of its
estimates and judgements based on available information and its experience and believes that the estimates used in preparation of financial
statements are prudent and reasonable. Changes in estimates are reflected in the financial statements in the period in which changes are made
and, if material, their effects are disclosed in the financial statements.

In order to enhance understanding of the financial statements, information about significant areas of estimation, uncertainty and critical
judgments in applying accounting policies that have the most significant effect on the amounts recognized in the financial statements is as under:

• Determination of estimated useful life of tangible assets and components of cost:

Property, plant and equipment represent a significant proportion of asset base of the company. The charge in respect of periodic depreciation is
derived after determining the estimate of an assets expected useful life, the expected residual value at the end of its life and depreciation
method. The useful lives and residual values of company's assets are determined by the management at the time the asset is acquired and
reviewed periodically, including at each financial year end along with depreciation method. The lives are based on historical experience with
similar assets as well as anticipation of future events, which may impact their life, such as changes in technology. The reassessment of useful life
may result in change in depreciation expense in future periods. Assessment is also made as to which components & cost may be capitalised.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

• Determination of estimated useful life of intangible assets and components of cost:

The charge in respect of periodic amortization is derived after determining the estimate of an asset expected useful life and amortization method.
The useful lives are determined by the management at the time the asset is acquired and reviewed periodically, including at each financial year
end along with amortization method. The useful lives are based on historical experience with similar assets as well as anticipation of future
events, which may impact their life, such as change in technology.

• Provisions:

Provisions are recognised when the company has present obligation as a result of past event and it is probable that an outflow of resources will
be required to settle the obligation, in respect of which a reliable estimate can be made. It is determined based on management estimate
required to settle the obligation at the balance sheet date.

• Contingent liabilities/ Assets:

Contingent liabilities/assets are disclosed on the basis of judgment of management/independent experts. These are reviewed at each balance
sheet date and are adjusted to reflect the current management estimate.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

• Post employment benefit plans

• Defined Contribution Plans: The company’s Provident Fund scheme, Employee state insurance scheme, and employee pension scheme are
defined contribution plans. The contribution paid/payable under the scheme is recognized in the period which the employee renders the related
service.

• Defined Benefit Plans: The company’s liabilities towards gratuity and leave encashment are defined benefit plans. Such expenditure are
recognised in the period in which they are incurred.

• Impairment test on non-financial assets:

The recoverable amount of PPE is determined based on judgement of assumptions of technical experts. Any changes in these assumptions may
have a material impact on the measurement of the recoverable amount and could result in impairment

• Recognition of Deferred Tax Assets:

The Company reviews the carrying amount of deferred tax assets at the end of each reporting period. The extent to which deferred tax assets
can be recognized is based on an assessment of the probability of the Company's future taxable income against which the deferred tax assets
can be utilized. In addition, significant judgement is required in assessing the impact of any legal or economic limits.

• Measurement of Fair Values

The company's accounting policies require financial instruments to be measured at fair values. The company has established control framework
with respect to the measurement of fair values. The company uses valuation techniques that are appropriate in circumstances and for which
sufficient data are available to measure fair value maximizing the use of relevant observable inputs and minimizing the use of unobservable
inputs. The management regularly reviews significant unobservable inputs. Fair values are categorised in different levels of hierarchy based on
inputs used in valuation techniques as follows:

Level 1 inputs : Quoted unadjusted prices in active market.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Level 2 inputs : Other than quoted prices that are observable either directly or indirectly.

Level 3 inputs : Unobservable inputs

• Significant Accounting Policies

• Functional and Presentation Currency:

These Financial Statements are presented in Indian Rupees (INR), which is the Company's functional currency.

• Property, Plant & Equipment’s (PPE) and Intangible Assets:

2.1Property, plant and equipment are stated at acquisition cost net of accumulated depreciation and accumulated impairment losses, if any.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

2.2The initial cost of fixed asset comprises its purchase price, including any import duties and other taxes net of recoverable taxes and any
directly attributable expenditure on making the asset ready for its intended use including interest on borrowings attributable to acquisition of
qualifying fixed assets up to the date the asset is ready for its intended use and net of any trade discounts and rebates and other incidental
expenses and an initial estimate of the costs of dismantling, removing the item and restoring the site on which it is located, if any.

2.3Subsequent costs are included in the asset’s carrying amount or recognised as a separate asset, as appropriate, only when it is probable that
future economic benefits associated with the item will flow to the Company and the cost of the item can be measured reliably. When parts of an
item of property, plant and equipment have different useful lives, they are accounted for as separate items (major components).

2.4 All other repairs and maintenance are charged to the Statement of Profit and Loss during the period in which they are incurred.

2.5 Gains or losses arising on retirement or disposal of property, plant and equipment are recognised in the Statement of Profit or Loss.

2.6 Property, plant and equipment which are not ready for intended use as on the date of Balance Sheet are disclosed as “Capital
work-in-progress”.

2.7 Depreciation is provided on a pro-rata basis on the WDV method based on estimated useful life prescribed under Schedule II to the
Companies Act, 2013.

2.8 Freehold land is not depreciated.

2.9 Upon first-time adoption of Ind AS, the Company has elected to measure all its property, plant and equipment at the Previous GAAP carrying
amount as its deemed cost on the date of transition to Ind AS i.e., 1st April,2019.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

2.10 Separately purchased intangible assets are initially measured at cost. Intangible assets are carried at costless any accumulated
amortisation and accumulated impairment losses, if any.

2.11 Depreciation method, useful lives and residual values are reviewed at the end of each reporting period and are adjusted appropriately.

2.12 Property, Plant and Equipment and Intangible Assets costing Rs.5,000/- or less are depreciated/amortised fully in the year of purchase.

2.13 Intangible assets with finite useful life are amortized over the useful economic life and assessed for impairment whenever there is an
indication that the asset may be impaired. The amortization method and period are reviewed at the end of each reporting period. Residual value
is estimated to be immaterial and hence has been considered as nil.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

2.14 Depreciation on addition to/deduction from an existing asset which forms integral part of main assets capitalised earlier is charged over the
remaining useful life of that asset.

2.15 Fully depreciated asset still in use are retained in the Financial Statement.

3. Foreign Currency

3.1 Transactions denominated in foreign currencies are recorded at the exchange rate prevailing at the time of transaction.

3.2 Monetary items denominated in foreign currencies are translated at exchange rates as at the reporting date.

3.3 Exchange differences arising on the settlement or translations of monetary items are recognized in Statement of Profit and Loss in the year in
which these arise.

4. Impairment of Assets:

The carrying values of assets at each Balance Sheet date are reviewed for impairment. If any indication of such impairment exists, the
recoverable amount of such assets is estimated and impairment is recognised. The impairment loss recognised is charged to the Statement of
Profit and Loss in the year in which an asset is identified as impaired. The impairment loss recognized in prior accounting periods is reversed if
there is a change in the estimate of the recoverable amount.

5. Revenue Recognition:

i. Sale of goods

The Company recognizes revenue from sale of goods measured at the fair value of the consideration received or receivable, upon satisfaction of

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

performance obligation which is at a point in time when control of the goods is transferred to the customer, which is generally on delivery of the
goods. Depending on the terms of the contract, which differs from contract to contract, the goods are sold on a reasonable credit term. As per the
terms of the contract, consideration that is variable, according to Ind AS 115, is estimated at contract inception and updated thereafter at each
reporting date or until crystallisation of the amount.

ii. Sale of services

Sale of services is recognised on satisfaction of performance obligation towards rendering of such services.

iii. Dividend and interest income

Dividend from investments is recognised in profit or loss when the right to receive payment is established. Interest income from a financial asset
is recognised when it is probable that the economic benefits will flow to the Company and the amount of income can be measured reliably.

6. Employee Benefits:

6.1 Short Term Employee Benefits:

All employees’ benefits wholly payable within twelve months of rendering the services are classified as short term employee benefits. Benefits
such as salaries, wages, bonus, etc are recognized in the period which the employee rendered the related services.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

6.2 Post Employment Benefits:

a) Defined Contribution Plans: the Company’s Provident Fund scheme, Employee state insurance scheme, and employee pension scheme are
defined contribution plans. The contribution paid/payable under the scheme is recognized in the period which the employee renders the related
service.

b) Defined Benefit Plans: The company’s liabilities towards gratuity and leave encashment are defined benefit plans. Such expenditure is
recognised in the period in which they are incurred.

• Insurance Claims:

Insurance claims are accounted for based on acceptance of claims.

• Prior Period Expenses and Income

Income Expenditure relating to a prior period which does not exceed 0.5% of the total turnover are treated as income / expenditure of current
year.

• Prepaid Items

Individual items of Prepaid Expenses over Rs.1,00,000/- each are recognised.

• Leases:

• Company as a lessee:

• The Company has adopted Ind-AS 116-Leases effective 1st April, 2019, using the modified retrospective method. The Company has applied
the standard to its leases with the cumulative impact recognised on the date of initial application (1st April, 2019). Accordingly, previous period
information has not been restated. The company's lease asset classes primarily consist of leases for Land.

• The company assesses whether a contract is, or contains a lease, at inception of a contract. A contract is, or contains, a lease if the contract
conveys the right to control the use of an identified asset for a period of time in exchange for consideration. To assess whether a contract
conveys the right to control the use of an identified underlined asset, the company assesses whether:

• The contract involves the use of an identified underlying asset,

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

• The company has substantially all of the economic benefits from use of the underlying asset through the period of the lease, and

• The company has the right to direct the use of the underlying asset.

• At the date of commencement of the lease, the company recognises a right-of-use asset (“ROU”) and a corresponding lease liability for all lease
arrangements in which it is a lessee, except for leases with a term of twelve months or less (short term leases) and leases of low value assets.
For short term and leases of low value assets, the Company recognises the lease payments as an operating expense on a straight line basis
over the term of the lease.

• The ROU assets are initially recognised at cost, which consist of initial amount of the lease liability adjusted for any lease payments made at or
prior to the commencement date of the lease plus any initial direct costs, plus the excess of the principal amount of the deposit over its fair value,
less any lease incentives. The ROU assets are subsequently measured at cost less accumulated depreciation and impairment losses, if any.

• The ROU assets are depreciated from the commencement date on a straight-line basis over the shorter of the lease term and useful life of the
underlying asset.

• The lease liability is initially measured at the present value of the future lease payments. The lease payments are discounted using the interest
rate implicit in the lease or, if not readily determinable, using the Effective Interest Rate (EIR). The lease liability is subsequently re-measured by
increasing the carrying amount to reflect interest on the lease liability, reducing the carrying amount to reflect the lease payments made. A lease
liability is re-measured upon the occurrence of certain events such as a change in the lease term or a change in an index or rate used to
determine lease payments. The re-measurement normally also adjusts the leased assets. The Lease liability and ROU assets have been
separately presented in the Balance Sheet and lease payments have been classified as financing cash flows.

• In respect of assets acquired on lease by paying full consideration, being the transaction price, such assets have been recognised under the
head ROU assets at transaction price with corresponding liability at nil.

• Company as a lessor:

10.2.1 Leases in which the Company does not transfer substantially all the risks and benefits of ownership of the asset are classified as

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

operating leases. Rental income, if any, from operating lease is recognized on a straight-line basis over the term of the relevant lease except the
case where incremental lease reflects inflationary effect and lease expense is accounted in such case by actual rent for the period.

10.2.2 Leases are classified as finance leases when substantially all of the risks and rewards of ownership are transferred from the company to
the lessee. Amounts due from lessees under finance leases are recorded as receivables at the Company's net investment in the leases. Finance
lease income is allocated to accounting periods so as to reflect a constant periodic rate of return on the net investment outstanding in respect of
the lease.

11. Borrowing Costs:

11.1 Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take
a substantial period of time to get ready for their intended use or sale, are added to the cost of those assets, until such time as the assets are
substantially ready for their intended use or sale.

11.2 Interest income earned on the temporary investment of specific borrowings pending their expenditure on qualifying assets is deducted from
the borrowing costs eligible for capitalisation.

11.3 All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

• Government Grants:

Government Grants are recognised in profit or loss on a systematic basis over the periods in which the company recognises as expenses the
related cost for which the grants are intended to compensate. Specifically, government grants whose primary condition is that the company
purchase, construct or otherwise acquire non-current assets are recognised as deferred revenue in the balance sheet and transferred to profit or
loss on a systematic and rational basis over the useful lives of the related assets.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Government grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial
support to the company with no future related costs are recognised in profit or loss in the period in which they become receivable.

13. Foreign Currency Transactions:

The functional currency of the Company is Indian Rupees (INR).

Foreign currency transactions are recorded at exchange rates prevailing on the date of the transaction. Gains and losses arising on settlement
are included in the profit or loss.

14. Financial Instruments:

14.1 Recognition, Initial Measurement and De-recognition

14.1.1 Financial assets and financial liabilities are recognised and are measured initially at fair value adjusted by transactions costs, except for
those financial assets which are classified at Fair Value through Profit & Loss (FVTPL) at inception.

14.1.2 Financial assets are derecognised when the contractual rights to the cash flows from the financial asset expire, or when the financial asset
and all substantial risks and rewards are transferred. A financial liability is derecognized when it is extinguished, discharged, cancelled or
expires.

14.2 Classification and subsequent measurement of financial assets

14.2.1 For the purpose of subsequent measurement, financial assets are classified into the following categories upon initial recognition:

• financial assets at amortised cost using effective interest rates (EIR)

• financial assets at fair value through profit or loss (FVTPL)

• financial assets at fair value through other comprehensive income (FVTOCI)

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

14.2.2 All financial assets except for those at FVTPL are subject to review for impairment at least at each reporting date.

• Effective Interest Rate (EIR) is calculated as follows:

• 14.3.1 Advances to Employees - Interest rate used for calculation of perquisite value of employees under Income Tax Act, 1961 (i.e. State Bank
India rate at the beginning of the financial year) for each type of long-term advance.

• 14.3.2Financial assets & financial liabilities which are interest bearing at market rates: EIR in these cases are equivalent to instrument's interest
rate.

• For financial assets or financial liabilities not at fair value: SBMCLR/Base rate (1year) at beginning of financial year.

• Right of Use (ROU) Assets: SBI MCLR (1year) applicable on the date of lease agreement.

14.4 Classification and subsequent measurement of financial liabilities

Financial liabilities are measured subsequently at amortized cost using the effective interest method, except for financial liabilities held for trading
or designated at FVTPL, that are carried subsequently at fair value with gains or losses recognized in profit or loss. All derivative financial
instruments are accounted for at FVTPL.

14.5 Impairment of Financial Assets

Provision for impairment of Financial Assets is recognised based on the recovery analysis performed by the company for Individual Financial
Asset and on establishment of non-recoverability these are written off.

15. Inventories:

Inventories comprise of all cost of purchase, conversion and other cost incurred in bringing the inventories to their present condition and location.

Raw materials and bought out components are valued at lower of cost or net realisable value. Cost is determined on the basis of weighted
average method.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Finished goods produced and purchased for sale, manufactured components and work-in-progress are carried out at cost or net realisable value
whichever is lower.

Stores, spares and tools other than obsolete and slow moving items are carried at cost. Obsolete and slow moving items are valued at cost or
net realisable value whichever is lower.

16. Taxation:

Tax expense comprises of current tax and deferred tax. Current tax is measured at the amount expected to be paid to / recovered from the tax
authorities, based on estimated tax liability computed after taking credit for allowances and exemption in accordance with the tax laws applicable
in India.

Minimum Alternative Tax (MAT) paid in accordance with the tax laws, which gives rise to future economic benefits in the form of adjustment of
future income tax liability is considered as an asset if there is convincing evidence that the company will pay normal tax in future periods.
Accordingly, it is recognized as an asset in the Balance Sheet when it is probable that the future economic benefit associated with it will flow to
the company and the asset can be measured reliably.

Deferred Income Taxes:

Deferred income tax is recognised using the balance sheet approach. Deferred income tax assets and liabilities are recognised for deductible
and taxable temporary differences arising between the tax base of assets and liabilities and their carrying amount.

Deferred income tax asset are recognised to the extent that it is probable that taxable profit will be available against which the deductible
temporary differences and the carry forward of unused tax credits and unused tax losses can be utilised.

Deferred income tax liabilities are recognised for all taxable temporary differences except in respect of taxable temporary differences associated
with investments in subsidiaries where the timing of the reversal of the temporary difference can be controlled and it is probable that the
temporary difference will not reverse in the foreseeable future.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

The carrying amount of deferred income tax assets is reviewed at each reporting date and reduced to the extent that it is no longer probable that
sufficient taxable profit will be available to allow all or part of the deferred income tax asset to be utilised.

Deferred tax assets and liabilities are measured using substantively enacted tax rates expected to apply to taxable income in the years in which
the temporary differences are expected to be received or settled.

17. Earnings per Share:

17.1 Basic earnings/ (loss) per share are calculated by dividing the net profit / (loss) for the period attributable to equity shareholders by the
weighted average number of equity shares outstanding during the period.

17.2 For the purpose of calculating diluted earnings per share, the net profit or loss for the period attributable to equity shareholders and the
weighted average number of shares outstanding during the period are adjusted for the effects of all dilutive potential equity shares.

18. Provision, Contingent Liabilities and Contingent Assets:

A provision is recognised when the company has a present obligation as a result of a past event and it is probable that an outflow of resources
will be required to settle the obligation and in respect of which a reliable estimate can be made. Provisions are determined based an
management estimate required to settle the obligation at the balance sheet date and are not discounted to present value. Contingent liabilities
are disclosed on the basis of judgment of the management/independent experts. These are reviewed at each balance sheet date and are
adjusted to reflect the current management estimate. Contingent Assets are not recognised but disclosed in the financial statements.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

19. Cash Flow Statement:

Cash Flow Statement is prepared in accordance with the indirect method prescribed in Indian Accounting Standard (Ind AS) - 7 on 'Statement of
Cash Flows'.

20. Provision for doubtful debts and advances

Provision for doubtful debts / advances is made when there is uncertainty of realisation irrespective of the period of its dues and is written off on
establishment of non-recoverability.

21. Events after the reporting period:

Material adjusting events (that provides evidence of condition that existed at the balance sheet date) occurring after the balance sheet date are
recognized in the financial statements. Non adjusting events (that are indicative of conditions that arose subsequent to the balance sheet date)
occurring after the balance sheet

date that represent material change and commitment affecting the financial position are disclosed in the reports of the board of directors.

3 Explanation of Transition to Ind AS

The Transition as at April 1, 2019 to Ind AS was carried out from Previous GAAP. The exemptions and exceptions applied by the company in
accordance with Ind AS 101- First-time Adoption of Indian Accounting Standards, the reconciliations of equity and total comprehensive income in
accordance with previous GAAP to Ind AS are explained below.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

The company has applied the following exemptions:

(a) Deemed cost for property, plant and equipment and intangible assets

The company has elected to continue with the carrying value of all its property, plant and equipment, investment property, and intangible assets
recognised as of 01stApril 2019 (the transition date) measured as per the previous GAAP and use that carrying value as its deemed cost as of
the transition date.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

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

GOVILKAR & ASSOCIATES

Chartered Accountants

FRN 119099W

Suyog Tikekar Nayan Pophale Pierre Dsouza Joseph Dsouza

Partner Company Secretary Director Director

M.No. 110180 M.No.49138 DIN: 00334924 DIN: 00335017

Place: Nashik Place: Nashik Place: Nashik

Date: 11.09.2024 Date: 11.09.2024 Date: 11.09.2024

Textual information (6): Disclosure of significant accounting policies [Text Block]

NA

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[610300] Notes - Accounting policies, changes in accounting estimates and errors

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Whether initial application of an Ind AS has an effect on the current period or any prior period No No
Whether there is any voluntary change in accounting policy No No
Whether there are changes in acounting estimates during the year No No

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[610500] Notes - Events after reporting period

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Whether there are non adjusting events after reporting period No No

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[610700] Notes - Business combinations

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Whether there is any business combination No No
Whether there is any goodwill arising out of business combination No No
Whether there are any acquired receivables from business combination No No
Whether there are any contingent liabilities in business combination No No

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[610800] Notes - Related party

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Whether there are any related party transactions during year Yes Yes
Whether entity applies exemption in Ind AS 24.25 No No
Other information subsidiary details [Abstract]
Whether company is subsidiary company No No

Disclosure of transactions between related parties [Table] ..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR

Categories of related parties [Axis] Key management personnel of entity or parent [Member]
Related party [Axis] 1 2
Period FY 2024 FY 2023 FY 2024 FY 2023
Disclosure of transactions between related parties [Abstract]
Disclosure of transactions between related parties [Line items]
ALF - P M ALF - P M
SURFACE SURFACE
COATING COATING
PRIVATE PRIVATE Alf engineering Alf engineering
Name of related party LIMITED LIMITED Co. Haridwar Co. Haridwar
Country of incorporation or residence of related party INDIA INDIA INDIA INDIA
Permanent account number of related party AAECM2142C AAECM2142C AAAFA2372B AAAFA2372B
U28920MH2005P U28920MH2005P
CIN of related party TC151510 TC151510
Purchase of Purchase of Purchase of Purchase of
Description of nature of transactions with related party Services/Goods Services/Goods Services/Goods Services/Goods
Partnership Firm Partnership Firm
Comapny Under Comapny Under where both where both
Same Same directors are directors are
Description of nature of related party relationship management management partners partners
Related party transactions [Abstract]
Purchases of goods related party transactions 404.54 310.56 1,613.86 678.75
Revenue from sale of goods related party transactions 2,468.86 657.77
Other related party transactions income 458.42
Other related party transactions contribution received 0 0 0 0
Outstanding balances for related party transactions [Abstract]
Amounts payable related party transactions 0 0 0 0
Amounts receivable related party transactions 0 0 0 0
Outstanding commitments made by entity, related party
transactions 0 0 0 0
Outstanding commitments made on behalf of entity, related
party transactions 0 0 0 0
Explanation of terms and conditions of outstanding balances
for related party transaction 0 0 0 0
Explanation of details of guarantees given or received of
outstanding balances for related party transaction 0 0 0 0
Provisions for doubtful debts related to outstanding balances
of related party transaction 0 0 0 0
Expense recognised during period for bad and doubtful debts
for related party transaction 0 0 0 0

Disclosure of transactions between related parties [Table] ..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR

Categories of related parties [Axis] Key management personnel of entity or parent [Member]
Related party [Axis] 3 4
Period FY 2024 FY 2023 FY 2024 FY 2023
Disclosure of transactions between related parties [Abstract]
Disclosure of transactions between related parties [Line items]
JOSEPH JOSEPH
PIERRE JULIAN PIERRE JULIAN ANTHONYNEIL ANTHONYNEIL
Name of related party JOHN DSOUZA JOHN DSOUZA DSOUZA DSOUZA
Country of incorporation or residence of related party INDIA INDIA INDIA INDIA
Permanent account number of related party AAAPD9304J AAAPD9304J AAAPD9305K AAAPD9305K
Interest on Interest on Interest on Interest on
unsecured loans unsecured loans unsecured loans unsecured loans
Description of nature of transactions with related party and remuneration and remuneration and remuneration and remuneration
Description of nature of related party relationship Director Director Director Director

102
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Related party transactions [Abstract]

Other related party transactions income 519.18 460.35
Other related party transactions contribution made 491.34 427.95
Other related party transactions contribution received 0 0 0 0
Outstanding balances for related party transactions [Abstract]
Amounts payable related party transactions 0 0 0 0
Amounts receivable related party transactions 0 0 0 0
Outstanding commitments made by entity, related party
transactions 0 0 0 0
Outstanding commitments made on behalf of entity, related
party transactions 0 0 0 0
Explanation of terms and conditions of outstanding balances
for related party transaction 0 0 0 0
Explanation of details of guarantees given or received of
outstanding balances for related party transaction 0 0 0 0
Provisions for doubtful debts related to outstanding balances
of related party transaction 0 0 0 0
Expense recognised during period for bad and doubtful debts
for related party transaction 0 0 0 0

103
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[610900] Notes - First time adoption

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Whether company has adopted Ind AS first time No No

104
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[611000] Notes - Exploration for and evaluation of mineral resources

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Whether there are any exploration and evaluation activities No No

105
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[611100] Notes - Financial instruments

Disclosure of financial assets [Table] ..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR

Financial assets at amortised cost, class
Classes of financial assets [Axis] [Member]
Categories of financial assets [Axis] Financial assets, category [Member]
Period FY 2024 FY 2023
Disclosure of financial assets [Abstract]
Disclosure of financial assets [Line items]
Financial assets 3,500.53 8,644.5
Financial assets, at fair value 0 0
Refer to child Refer to child
Description of other financial assets at amortised cost class member member
Refer to child
Description of other financial assets at fair value class member

Disclosure of financial assets [Table] ..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of financial assets [Axis] Mortgages [Member]
Financial assets at amortised cost, category
Categories of financial assets [Axis] Financial assets, category [Member] [Member]
Period FY 2024 FY 2023 FY 2024 FY 2023
Disclosure of financial assets [Abstract]
Disclosure of financial assets [Line items]
Financial assets 171.03 244.01 171.03 244.01
Financial assets, at fair value 0 0 0 0
Refer to child Refer to child
Description of other financial assets at amortised cost class member member Current and non Current and non
Refer to child
Description of other financial assets at fair value class member current loans

Disclosure of financial assets [Table] ..(3)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of financial assets [Axis] Trade receivables [Member]
Financial assets at amortised cost, category
Categories of financial assets [Axis] Financial assets, category [Member] [Member]
Period FY 2024 FY 2023 FY 2024 FY 2023
Disclosure of financial assets [Abstract]
Disclosure of financial assets [Line items]
Financial assets 3,329.5 8,400.49 3,329.5 8,400.49
Financial assets, at fair value 0 0 0 0
Refer to child Refer to child
Description of other financial assets at amortised cost class member member Trade receivables Trade receivables

Disclosure of financial assets [Table] ..(4)

Unless otherwise specified, all monetary values are in Lakhs of INR

Financial assets at fair value, class
Classes of financial assets [Axis] [Member]
Categories of financial assets [Axis] Financial assets, category [Member]
Period FY 2024 FY 2023
Disclosure of financial assets [Abstract]
Disclosure of financial assets [Line items]
Financial assets 14,680.69 11,083.56
Financial assets, at fair value 0 0

Disclosure of financial assets [Table] ..(5)

Unless otherwise specified, all monetary values are in Lakhs of INR

106
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Classes of financial assets [Axis] Trading securities [Member]

Financial assets at amortised cost, category
Categories of financial assets [Axis] Financial assets, category [Member] [Member]
Period FY 2024 FY 2023 FY 2024 FY 2023
Disclosure of financial assets [Abstract]
Disclosure of financial assets [Line items]
Financial assets 10,144.23 9,696.05 10,144.23 9,696.05
Financial assets, at fair value 0 0 0 0

Disclosure of financial assets [Table] ..(6)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classes of financial assets [Axis] Equity investments [Member]
Financial assets at amortised cost, category
Categories of financial assets [Axis] Financial assets, category [Member] [Member]
Period FY 2024 FY 2023 FY 2024 FY 2023
Disclosure of financial assets [Abstract]
Disclosure of financial assets [Line items]
Financial assets 4,536.46 1,387.51 4,536.46 1,387.51
Financial assets, at fair value 0 0 0 0

Disclosure of financial liabilities [Table]

Unless otherwise specified, all monetary values are in Lakhs of INR
Classes of financial liabilities [Axis] Financial liabilities at amortised cost, class [Member]
Financial liabilities at amortised cost,
Categories of financial liabilities [Axis] Financial liabilities, category [Member] category [Member]
Period FY 2024 FY 2023 FY 2024 FY 2023
Disclosure of financial liabilities [Abstract]
Disclosure of financial liabilities [Line items]
Financial liabilities 37,514.12 24,578.65 37,514.12 24,578.65
Financial liabilities, at fair value 0 0 0 0

107
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[611200] Notes - Fair value measurement

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Whether assets have been measured at fair value No No
Whether liabilities have been measured at fair value No No
Whether equity have been measured at fair value No No

108
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[611500] Notes - Interests in other entities

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Whether company has subsidiary companies No No
Whether company has subsidiary companies which are yet to commence operations No No
Whether company has subsidiary companies liquidated or sold during year No No
Whether company has invested in associates No No
Whether company has associates which are yet to commence operations No No
Whether company has associates liquidated or sold during year No No
Whether company has invested in joint ventures No No
Whether company has joint ventures which are yet to commence operations No No
Whether company has joint ventures liquidated or sold during year No No
Whether there are unconsolidated structured entities No No
Whether there are unconsolidated subsidiaries No No
Whether there are unconsolidated structured entities controlled by investment entity No No

109
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[611600] Notes - Non-current asset held for sale and discontinued operations

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Cash flows from continuing and discontinued operations [Abstract]
Cash flows from used in operating activities [Abstract]
Net cash flows from (used in) operating activities, continuing operations 12,442.38 10,642.75
Net cash flows from (used in) operating activities, discontinued operations 0 0
Net cash flows from (used in) operating activities 12,442.38 10,642.75
Cash flows from used in investing activities [Abstract]
Net cash flows from (used in) investing activities, continuing operations -15,265.87 -13,877.62
Net cash flows from (used in) investing activities, discontinued operations 0 0
Net cash flows from (used in) investing activities -15,265.87 -13,877.62
Cash flows from used in financing activities [Abstract]
Net cash flows from (used in) financing activities, continuing operations 5,973.76 3,716.11
Net cash flows from (used in) financing activities, discontinued operations 0 0
Net cash flows from (used in) financing activities 5,973.76 3,716.11

110
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[611700] Notes - Other provisions, contingent liabilities and contingent assets

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Whether there are any contingent liabilities No No

Disclosure of other provisions [Table]

Unless otherwise specified, all monetary values are in Lakhs of INR
Classes of other provisions [Axis] Provision for taxes other than income tax [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of other provisions [Abstract]
Disclosure of other provisions [Line items]
Reconciliation of changes in other provisions [Abstract]
Changes in other provisions [Abstract]
Other increase decrease in other provisions 14.63 -1.07
Total changes in other provisions 14.63 -1.07
Other provisions at end of period 139.53 124.9 125.97

111
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[611800] Notes - Revenue

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024
Textual
Disclosure of revenue [Text Block] Information (7)

Textual information (7): Disclosure of revenue [Text Block]

The Company recognizes revenue from sale of goods measured at the fair value of the consideration received or receivable, upon satisfaction

of performance obligation which is at a point in time when control of the goods is transferred to the customer, which is generally on delivery

of the goods. Depending on the terms of the contract, which differs from contract to contract, the goods are sold on a reasonable credit term.

As per the terms of the contract, consideration that is variable, according to Ind AS 115, is estimated at contract inception and updated

thereafter at each reporting date or until crystallisation of the amount.

112
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[611900] Notes - Accounting for government grants and disclosure of government assistance

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Whether company has received any government grant or government assistance No No

113
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[612000] Notes - Construction contracts

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Whether there are any construction contracts No No

114
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[612100] Notes - Impairment of assets

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Whether there is any impairment loss or reversal of impairment loss during the year No No
Whether impairment loss recognised or reversed for individual Assets or cash-generating unit No No

115
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[612200] Notes - Leases

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Whether company has entered into any lease agreement No No
Whether any operating lease has been converted to financial lease or vice-versa No No

116
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[612300] Notes - Transactions involving legal form of lease

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Whether there are any arrangements involving legal form of lease No No

117
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[612400] Notes - Service concession arrangements

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Whether there are any service concession arrangments No No

118
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[612500] Notes - Share-based payment arrangements

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Whether there are any share based payment arrangement No No

119
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[612600] Notes - Employee benefits

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Textual
Disclosure of employee benefits [Text Block] Information (8)
Textual
Disclosure of defined benefit plans [Text Block] Information (9)
Whether there are any defined benefit plans No No

Textual information (8): Disclosure of employee benefits [Text Block]

• Defined Contribution Plans: The company’s Provident Fund scheme, Employee state insurance scheme, and employee pension scheme are
defined contribution plans. The contribution paid/payable under the scheme is recognized in the period which the employee renders the related
service.

• Defined Benefit Plans: The company’s liabilities towards gratuity and leave encashment are defined benefit plans. Such expenditure are
recognised in the period in which they are incurred.

Textual information (9): Disclosure of defined benefit plans [Text Block]

• Defined Contribution Plans: The company’s Provident Fund scheme, Employee state insurance scheme, and employee pension scheme are

defined contribution plans. The contribution paid/payable under the scheme is recognized in the period which the employee renders the

related service.

• Defined Benefit Plans: The company’s liabilities towards gratuity and leave encashment are defined benefit plans. Such expenditure are

recognised in the period in which they are incurred.

120
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[612700] Notes - Income taxes

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Major components of tax expense (income) [Abstract]
Current tax expense (income) and adjustments for current tax of prior periods [Abstract]
Current tax expense (income) 0 0
Total current tax expense (income) and adjustments for current tax of prior periods 0 0
Total tax expense (income) 0 0
Reconciliation of accounting profit multiplied by applicable tax rates [Abstract]
Accounting profit 11,973.13 10,066.26
Total tax expense (income) 0 0
Reconciliation of average effective tax rate and applicable tax rate [Abstract]
Accounting profit 11,973.13 10,066.26

Disclosure of temporary difference, unused tax losses and unused tax credits [Table] ..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR

Temporary difference, unused tax losses and unused tax credits [Axis] Temporary differences [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of temporary difference, unused tax losses and unused tax credits [Abstract]
Disclosure of temporary difference, unused tax losses and unused tax credits [Line
items]
Deferred tax assets and liabilities [Abstract]
Deferred tax assets 146.23 215.42
Deferred tax liabilities 509.79 346.1
Net deferred tax liability (assets) 363.56 130.68 48.25
Reconciliation of changes in deferred tax liability (assets) [Abstract]
Changes in deferred tax liability (assets) [Abstract]
Increase (decrease) through net exchange differences, deferred tax liability
(assets) 232.88 82.43
Total increase (decrease) in deferred tax liability (assets) 232.88 82.43
Deferred tax liability (assets) at end of period 363.56 130.68 48.25

Disclosure of temporary difference, unused tax losses and unused tax credits [Table] ..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR

Temporary difference, unused tax losses and unused tax credits [Axis] Allowance for credit losses [Member]
Period FY 2024 FY 2023 FY 2022
Disclosure of temporary difference, unused tax losses and unused tax credits [Abstract]
Disclosure of temporary difference, unused tax losses and unused tax credits [Line
items]
Deferred tax assets and liabilities [Abstract]
Deferred tax assets 146.23 215.42
Deferred tax liabilities 509.79 346.1
Net deferred tax liability (assets) 363.56 130.68 48.25
Reconciliation of changes in deferred tax liability (assets) [Abstract]
Changes in deferred tax liability (assets) [Abstract]
Increase (decrease) through net exchange differences, deferred tax liability
(assets) 232.88 82.43
Total increase (decrease) in deferred tax liability (assets) 232.88 82.43
Deferred tax liability (assets) at end of period 363.56 130.68 48.25

121
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[612800] Notes - Borrowing costs

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Whether any borrowing costs has been capitalised during the year No No

122
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[612900] Notes - Insurance contracts

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Whether there are any insurance contracts as per Ind AS 104 No No

123
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[613000] Notes - Earnings per share

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Profit (loss), attributable to ordinary equity holders of parent entity [Abstract]
Profit (loss), attributable to ordinary equity holders of parent entity 0 0
Profit (loss), attributable to ordinary equity holders of parent entity including dilutive effects 0 0
Weighted average shares and adjusted weighted average shares [Abstract]
Weighted average number of ordinary shares outstanding [shares] 0 [shares] 0

124
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[613100] Notes - Effects of changes in foreign exchange rates

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Whether there is any change in functional currency during the year No No
Description of presentation currency INR

125
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[613200] Notes - Cash flow statement

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023 FY 2022
Cash and cash equivalents if different from balance Sheet [Abstract]
Cash and cash equivalents cash flow statement 4,535.93 1,385.66 904.42
Cash and cash equivalents 4,535.93 1,385.66
Income taxes paid (refund) [Abstract]
Income taxes paid (refund), classified as operating activities 2,390.79 1,454.27
Total income taxes paid (refund) 2,390.79 1,454.27

126
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[613300] Notes - Operating segments

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Whether there are any reportable segments No No
Whether there are any major customers No No

127
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[700100] Notes - Key managerial personnels and directors remuneration and other information

Disclosure of key managerial personnels and directors and remuneration to key managerial personnels and directors [Table]
Unless otherwise specified, all monetary values are in Lakhs of INR
Key managerial personnels and directors [Axis] 1 2 3
Period FY 2024
Disclosure of key managerial personnels and directors and remuneration to key
managerial personnels and directors [Abstract]
Disclosure of key managerial personnels and directors and remuneration to key
managerial personnels and directors [Line Items]
JOSEPH NAYAN
PIERRE JULIAN ANTHONYNEIL KRISHNA
Name of key managerial personnel or director JOHN DSOUZA DSOUZA POPHALE
Director identification number of key managerial personnel or director 00334924 00335017
Permanent account number of key managerial personnel or director AAAPD9304J AAAPD9305K AMIPN9313P
Date of birth of key managerial personnel or director 08/03/1965 26/03/1957 01/01/1900
Company
Designation of key managerial personnel or director Director Director Secretary
Company
Qualification of key managerial personnel or director Graduate Graduate Secretary
Shares held by key managerial personnel or director [shares] 580,000 [shares] 580,000 [shares] 0
Key managerial personnel or director remuneration [Abstract]
Gross salary to key managerial personnel or director [Abstract]
Salary key managerial personnel or director 519.18 460.35 2.4
Perquisites key managerial personnel or director 0 0 0
Profits in lieu of salary key managerial personnel or director 0 0 0
Gross salary to key managerial personnel or director 519.18 460.35 2.4
Sitting fees key managerial personnel or director 0 0 0
Stock option key managerial personnel or director 0 0 0
Sweat equity key managerial personnel or director 0 0 0
Commission as percentage of profit key managerial personnel or director 0 0 0
Other commission key managerial personnel or director 0 0 0
Other compensation key managerial personnel or director 0 0 0
Total key managerial personnel or director remuneration 519.18 460.35 2.4

128
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[700200] Notes - Corporate social responsibility

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024
Whether provisions of corporate social responsibility are applicable on company Yes
Disclosure of CSR policy [Abstract]
Whether company has written CSR policy Yes
Textual
Details CSR policy [Text Block] Information (10)
Disclosure of CSR spending [Abstract]
Average net profit for last three financial years 6,113.99
Prescribed CSR expenditure 122.28
Details of CSR spent during financial year [Abstract]
Amount CSR to be spent for financial year 122.28
Amount CSR spent for financial year 122.66
Amount spent in local area 122.66

Disclosure of net profits for last three financial years [Table]

Unless otherwise specified, all monetary values are in Lakhs of INR
Financial year 1 Financial year 2 Financial year 3
Net profits for last three financial years [Axis] [Member] [Member] [Member]
Period FY 2024
Disclosure of net profits for last three financial years [Abstract]
Disclosure of net profits for last three financial years [Line Items]
Description of financial year 2022-2023 2021-2022 2020-2021
Profit before tax of financial year 10,066.26 5,221.44 3,054.2
Net profit computed u/s 198 and adjusted as per rule 2(1)(f) of Companies (CSR
Policy) Rules, 2014 10,066.26 5,221.44 3,054.27

Classification of CSR spending [Table] ..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classification of CSR spending [Axis] 1 2 3 4
Period FY 2024
Manner in which amount CSR spent during financial year
[Abstract]
Manner in which amount CSR spent during financial year [Line
items]
Support to the
homeless on the
streets, providing
Financial help to service like
tribal students of Ambulance &
Financial help for ZP schools for Medical treatment
CSR project or activity identified Medical Purpose sports event. Sweatshirts. to poor people
Training to
Sector in which project is covered Health care promote sports Education Health care
Name of state or union territory where projects or programs
was undertaken Maharashtra Maharashtra Maharashtra Maharashtra
Name of district where projects or programs was undertaken Mumbai Mumbai Nashik Mumbai
Budget amount outlay project or program wise 15.4 0.31 9.72 25.57
Amount spent on projects or programs [Abstract]
Direct expenditure on projects or programs 15.4 0.31 9.72 25.57
Total amount spent on projects or programs 15.4 0.31 9.72 25.57
Directly by Directly by Directly by Directly by
Mode of amount spent company company company company

Classification of CSR spending [Table] ..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR

129
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Classification of CSR spending [Axis] 5 6 7 8

Period FY 2024
Manner in which amount CSR spent during financial year
[Abstract]
Manner in which amount CSR spent during financial year [Line
items]
To Improve the
quality of life of
people with
Parkinson's, Paid for food,
progress and Stroke and water, and
development of dementia as well clothing to the
Children, Women, as educate for Financial help for needy, visiting
sick, elderly, poor senior citizens on Relief and hospitals, nursing
and needy in neurological rehabilitation homes, or shelters
CSR project or activity identified different parts conditions works. for the homeless.
Poverty, hunger, Poverty, hunger, Poverty, hunger,
Sector in which project is covered malnutrition Health care malnutrition malnutrition
Name of state or union territory where projects or programs
was undertaken Maharashtra Maharashtra Assam Maharashtra
Name of district where projects or programs was undertaken Mumbai Nashik GUWAHATI Mumbai
Budget amount outlay project or program wise 5 17.46 10 20
Amount spent on projects or programs [Abstract]
Direct expenditure on projects or programs 5 17.46 10 20
Total amount spent on projects or programs 5 17.46 10 20
Directly by Directly by Directly by Directly by
Mode of amount spent company company company company

Classification of CSR spending [Table] ..(3)

Unless otherwise specified, all monetary values are in Lakhs of INR

Classification of CSR spending [Axis] 10 11
Period FY 2024
Manner in which amount CSR spent during financial year [Abstract]
Manner in which amount CSR spent during financial year [Line items]
WATER TANK
LAYING PAVER
BLOCK
TABLBE &
CHAIRS
PURCHASED
TRANSPORT
PAID For FOR INWARD
CSR project or activity identified Aashram Exp. MATERIAL etc
Senior citizens' Socio-economic
Sector in which project is covered welfare inequalities
Name of state or union territory where projects or programs was undertaken Maharashtra Tamil Nadu
Name of district where projects or programs was undertaken Thane Hosur
Budget amount outlay project or program wise 16 3.2
Amount spent on projects or programs [Abstract]
Direct expenditure on projects or programs 16 3.2
Total amount spent on projects or programs 16 3.2
Directly by Directly by
Mode of amount spent company company

Textual information (10): Details CSR policy [Text Block]

CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY

130
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Policy:

PREAMBLE

Earlier, the Companies Act, 2013 has brought the concept of Corporate Social Responsibility in the limelight for all the qualifying companies
through its “Comply –or – Suffer mandate.” However, with the amendment in the provisions of section 135 of Companies Act, 2013 dealing with
Corporate Social Responsibility (“CSR”), the penal provisions for non-compliance CSR provisions have also come into force, changing the very
nature of the CSR provisions from “comply or explain” to “comply or suffer”. The concept of Corporate Social Responsibility has gained
prominence from all avenues. Organizations have realized that Government, alone will not be able to get success in its endeavor to uplift the
downtrodden of Society. With the rapidly changing corporate environment, more functional autonomy, operational freedom etc. the Company has
adopted CSR as a strategic tool for sustainable growth. For the Company in the present context, CSR means not only investment of funds for
Social Activity but also Integration of Business processes with Social processes. The concept of CSR provisions puts a formal and greater
responsibility on the Companies setting out a clear framework and process to ensure strict compliance.

INTRODUCTION

The Company is committed to operate and grow its business in a socially responsible way. Over the years the Company have strived to serve
the communities through various initiatives. The Rural Development Program and Free Education facilitation was at heart of Company as well as
society. Corporate Social responsibility is now one of the core objectives of the Company besides the other main objectives. The Company
intends to do CSR activities /programs, either ongoing or new, in the areas as specified in Schedule VII to the Act, as recommended by the CSR
Committee and approved by the Board and welfare measures for the community at large including employees and their families, so as to ensure
that the poorer section of the society derives the maximum benefit.

The Corporate Social Responsibility (CSR) Policy of the Company, as recommended by CSR committee of the company and as approved by the
Board of Directors of the company, outlines a clear agenda through which we will continue to contribute to the communities directly.

OBJECTIVE

Corporate Social Responsibility is a Company’s sense of responsibility towards the community and environment in which it operates. It is the
continuing commitment by businessmen to behave ethically and contribute to economic development of the society at large and building capacity
for sustainable livelihood that positively impacts the society at large. The main objective of CSR policy is to lay down guidelines for the
companies to make CSR a key business process for sustainable development for the Society. It aims at supplementing the role of the
Government in enhancing welfare measures of the society based on the immediate and long term social and environmental consequences of
their activities. The Company will act as a good Corporate Citizen, subscribing to the principles of Global Compact for implementation. This

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Policy specifies the projects and programmes that can be undertaken, provides list of CSR projects/ programmes in terms of the Schedule VII to
the Companies Act, 2013, including any amendments thereto which the Company plans to undertake during the implementation years, specifies
the modalities of execution in the areas/ sectors chosen and the implementation schedule. The scope of the Policy has been kept as wide as
possible, so as to allow the Company to respond to different situations and challenges appropriately and flexibly, subject to the activities
enumerated in Schedule VII of the Companies Act 2013 including any amendments thereto.

CONDITIONS AND RESTRICTIONS FOR CSR ACTIVITIES

The CSR Committee and the Board of Directors shall be governed by the following conditions and restrictions while undertaking any CSR
projects/programmes/activities:

• The CSR projects/programmes/activities undertaken by the Company, as per this policy shall exclude activities undertaken in pursuance of its
normal business.

• The CSR projects/programmes/activities shall be undertaken in India only except for training of Indian sports personnel outside India who is
representing any State or Union Territory at national level or India at international level.

• The CSR projects/programmes/activities that benefit only the employees of the Company and their families, shall not be considered and not
qualify as CSR expenditure.

• Contribution of any amount directly or indirectly to any political party under Section 182, shall not be considered and not qualify as CSR
expenditure.

• The surplus, if any, arising out of the CSR projects/programmes/activities shall not form part of the business profit of the Company.

• Activities supported by the Company on sponsorship basis for deriving marketing benefits for its products or services shall not form part of CSR
expenditure.

• Activities carried out for fulfilment of any other statutory obligations under any law in force in India shall not form part of CSR expenditure.

CORPORATE SOCIAL RESPONSIBILITY (CSR) PRINCIPLES FOR FUNDING, SELECTION, IMPLEMENTATION AND MONITORING OF
ACTIVITIES:

The Company’s CSR Policy is supported by the following principles:

• FUNDING OBLIGATION:

In accordance with Section 135(5) of the Companies Act, 2013 (the Act), Company is committed to spend 2% of its average net profits made

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

during the three immediately preceding financial years in some of the identified activities that are listed in Schedule VII (as amended) to the Act.
This will include the Direct expenditure or expenditure through activities undertaken by implementing agency, if any. If the company, spends any
amount over and above such 2% of average net profits, the same is to be considered as excess CSR expenditure which can be set-off in the
immediate succeeding three financial years’ subject to the conditions as prescribed under the Act. In order to compute whether the Company has
under spent or over spent, it shall consider the following:

• Project Cost – it shall include designing, implementation, monitoring and evaluation cost incurred directly or indirectly on the project

• Administrative Overheads – to ensure that such expenses shall not exceed 5% of the total CSR expenditure of the company for the financial
year. Further, these expenses would not include expenses incurred by the Company towards designing, implementation, monitoring and
evaluation

• SELECTION:

The guiding principles for Selection of activities are:

• Eligibility - Statutory eligibility of implementing agency through which the CSR activities are selected, i.e. to ensure whether those implementing
agencies have registered under section 12A and 80G of the Income Tax Act, 1961, have an established track record of at least three years in
undertaking similar activities and have also filed form CSR-1 with the Registrar of Companies.

• Sustainability - Implementing agency has a track record of 3 years in undertaking similar programs or projects. We believe growth and
environmental sustainability need not be conflicting. Our business model is designed to deliver sustainable growth. The inputs to the model are
our brands, our people and our operations. The outputs to the model are sustained growth, lower environmental impact and positive social
impact.

• Goodwill – Implementing agency shall have a goodwill in performing its activities diligently.

• Law of land – Implementing agency shall have a good stand in terms of Law of Land.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

• IMPLEMENTATION & MONITORING:

• Implementation:

The Company may undertake, through a registered trust or a registered society, the CSR projects/programmes/activities in identified areas and
as per the provisions of the Act and Rules, framed thereunder.

The Company may also collaborate with other companies for undertaking projects/programmes/activities in such a manner that the CSR
Committees of respective companies are in a position to report separately on such projects or programs in accordance with the Act and Rules
made thereunder.

Company may build CSR capacities of its own, i.e. of their own personnel, as well as those of their implementing agencies through institutions
with a track record of at least three financial years, and any other criterions which the CSR committee, may deem fit.

Accordingly, HUF or such other entity will work closely with and support the Board and the CSR Committee in implementing CSR activities of the
Company. HUF or such other entity will assist the CSR Committee in identifying the areas of CSR activities, programs and execution of initiatives
as per defined guidelines. HUF or such other entity will also assist the Board and the CSR Committee in reporting the progress of deployed
initiatives and in making appropriate disclosures (internal/external) on a periodic basis.

• Monitoring:

Impact Assessment – In the event of average CSR obligation of Rs. 10 crores or more in the three immediately preceding financial years, the
Company shall ensure that impact assessment through an independent agency is carried out for CSR projects having an outlay of Rs. 01 crore
or more. Expenditure incurred for such assessment shall not exceed 5% of the total CSR expenditure for the financial year or 50 lakh rupees,
whichever is less.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Monitoring will be done with the help of identified key qualitative and quantitative performance indicators, with a continuous feedback
mechanism, and recourse for mid-course correction in implementation, if needed, to ensure efficacy.

Assessment of utilisation of funds will also be done on a quarterly basis, along with submission of an annual consolidated utilisation which will be
part of the Company’s Annual Report. This will include a rationale for shortfall or surplus of funds.

All expenditure towards the programs to be diligently documented. In case 2% of average net profit of the last 3 years is not spent in a financial
year, reasons for the same to be specified in the CSR report.

The surplus from the allocated CSR budget will not be utilized for business or form part of business profits.

All activities will be undertaken in project mode with defined objectives and deliverables, clarity on target beneficiaries, implementation plans with
schedule of timeline agreed prior to commencement of activities.

• Guiding Principles for Implementation and Monitoring:

• Accountability and Transparency – Implementing agency shall be accountable for all expenses along with the acknowledgements. Further,
there should be transparency in the actions to protect the interest of all the stakeholders.

• Ethical Behaviour – Management and Implementing agency shall maintain ethical behaviour while implementing and monitoring CSR programs
without any corruption.

• No conflict of interest - There shall not be any conflict of interest in the objectives of employees involved in CSR activities and the implementing
agencies. Both of them should work for benefits of the needy.

• Respect for stakeholder’s interest - While identifying CSR programs, interest of all the stakeholders shall be taken into consideration. We are
committed to conducting our operations with integrity and respect, in the interest of our stakeholders, and in line with our Code of Business
Principles.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

• Collaboration - We collaborate and engage with different stakeholders including Governments, NGOs, IGOs, Suppliers, Farmers, and
Distributors to tackle the challenges faced by the society.

GUIDING PRINCIPLES FOR ANNUAL ACTION PLAN:

The Company shall prepare an Annual Action plan of the Company to identify the activities and the CSR expenditure to be spent during the year
which shall include the details as mentioned in the rules.

Further, the guiding principles required to formulate the Annual Action Plan are as follows:

• CSR programs shall not include activities as restricted under the amended CSR Rules.

• The preference for CSR programs is to be given by Company to local areas and areas around its operations.

• The CSR activities may be carried out directly or through implementing agency/ies.

• Payments to implementing agencies or to vendors should be milestone based.

• All the guiding principles as required to be followed for implementing and monitoring the CSR Activities shall also be followed while formulating
the Annual Action Plan.

• Action plan shall be Simple, Action oriented, Measurable, Relevant and Time Bound.

During any financial year, the Annual Action Plan of the Company may be modified to include any unbudgeted expenditure, either on account of
new project(s) or due to increase in the outlay for approved project(s).

Subject to the provisions of the Act, the Company may also utilize its CSR spend towards creation or acquisition of a capital asset.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

GOVERNANCE MECHANISM:

We follow structured governance procedures to monitor CSR activities. Our CSR Policy is governed by the Board of Directors of the Company.
The Board has resolved in its meeting held on 04th May, 2021 to constitute a CSR Committee as under to monitor the Policy and the
programmes from time to time:

Constitution of CSR committee:

• MR. PIERRE JULIAN JOHN D’SOUZA (Director & Chairman)

• MR. JOSEPH ANTHONYNEIL D’SOUZA (Director & Member)

• Board of Directors

• The Board monitors and reviews the performance and impact of the CSR programmes, provides input and course corrections if required and
satisfies itself that the CSR funds so disbursed are aligned to the CSR Policy of the Company and have been utilized for the purposes and in the
manner as approved by it.

• The CFO or alike shall certify to the fact that CSR funds so disbursed have been utilised for the purposes and in the manner approved by the
Board.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

• CSR Committee of the Board of Directors

The CSR Committee provides oversight and guidance on CSR performance and monitors compliance with the CSR Policy, commitments and the
applicable CSR provisions.

The role & responsibilities of CSR Committee are:

• Formulate CSR Policy and recommend the same to the Board of Directors of the

• Recommend CSR activities as stated under Schedule VII of the Act Formulation and recommendation to the Board an annual action plan as per
the provisions of the Act;

• Approve to undertake CSR activities and to separately report the accordance with the

• Recommend the CSR Budget

• Spend the allocated CSR amount on the CSR activities once it is approved by the

• Create transparent monitoring mechanism for implementation of CSR

Initiatives

• Submit the Reports to the Board in respect of the CSR activities undertaken by the Company

• Monitor CSR Policy from time to time

• Monitor activities/charter of Joint Working Group (JWG) who are authorized to ensure that the CSR activities of the Company are implemented
effectively

• Authorize executives of the Company to attend the CSR Committee Meetings

The current and/or proposed CSR activities with their execution modalities and implementation schedules is appended below as Annexure A
which provides details of the initiatives that are covered under activities listed in the Schedule VII of the Companies Act, 2013 and are considered
for the purpose of computing prescribed CSR spends. These activities undertaken by the Company are not expected to lead to any additional
surplus beyond what would accrue to the Company in the course of normal operations. The Company may take up other CSR activities as may
be appropriate.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

The Policy issued pursuant to the Corporate Social Responsibility Policy Rules, 2013 as amended has been recommended by the CSR
Committee of the Board and adopted by the Board of Directors. The CSR policy shall of the company can be accessed in the link provided:
www.alfenineering.com

Activities where CSR expenditure can be done by the company:

(As per Schedule VII to Section 135)

Activities which may be included by companies in their Corporate Social Responsibility Policies

Activities relating to:

(i) Eradicating extreme hunger and poverty;

(ii) Promotion of education;

(iii) Promoting gender equality and empowering women;

(iv) Reducing child mortality and improving maternal health;

(v) Combating human immunodeficiency virus, acquired immune deficiency

syndrome, malaria and other diseases;

(vi) Ensuring environmental sustainability;

(vii) Employment enhancing vocational skills;

(viii) Social business projects;

(ix) Contribution to incubators funded by Central Government or State Government or any agency or Public Sector Undertaking of Central
Government or State Government, and contributions to public funded Universities, Indian Institute of Technology (IITs), National Laboratories

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

and Autonomous Bodies (established under the auspices of Indian Council of Agricultural Research (ICAR), Indian Council of Medical Research
(ICMR), Council of Scientific and Industrial Research (CSIR), Department of Atomic Energy (DAE), Defense Research and Development
Organization (DRDO), Department of Science and Technology (DST), Ministry of Electronics and Information Technology) engaged in
conducting research in science, technology, engineering and medicine aimed at promoting Sustainable Development Goals (SDGs).

(x) Rural development projects.

(xi) Slum area development.

(xii) Disaster management, including relief, rehabilitation and reconstruction activities

LIMITATION AND AMENDMENT

The Board of Directors may in their discretion and on recommendation of the CSR committee, make any changes/modifications and/or
amendments to this Policy from time to time.

Requirements with respect to quorum, notice of meeting, documentation, etc. shall be in conformity with the applicable Secretarial Standards
issued by the Institute of Company Secretaries of India and approved by the Central Government, unless expressly stated otherwise.

In the event of any conflict between the provisions of this Policy and of the Act or Listing Regulations or any other statutory enactments, rules, the
provisions of such Act or Listing Regulations or statutory enactments, rules shall prevail over and automatically be applicable to this Policy and
the relevant provisions of the Policy would be amended/modified in due course to make it consistent with the law.

Annexure A

CSR Initiatives

Due date for Impact Assessment, if

Projects Schedule VII activity Details Category Annual Action Plan Monitoring Frequency
applicable

Sr. no.
(8)
(1) (2)
(3)
(4)
(5)
(6)
(7)

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Projects/ Programmes/ activities related to promoting health care including preventive health care, promotion of
education & social welfare primarily around Rural area of Nashik District.

(i) promoting health care including preventive health care

(ii) Promotion of education

However, projects/ programmes/ activities in any other area of the country shall be approached by the company
from time to time.

Direct expenditure or Expenditure through activities related to

promoting health care including preventive health care, promotion
of education

undertaken by implementing agency, if any

As decided by the Board of Directors As decided by the Board of Directors

based on the recommendation of CSR based on the recommendation of CSR
committee of the company from time to committee of the company from time to
time time

Event Not Applicable

based
1

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[700300] Disclosure of general information about company

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024 FY 2023
Disclosure of general information about company [Abstract]
Disclosure of company information [Abstract]
ALF
ENGINEERING
PRIVATE
Name of company LIMITED
U28900MH2006P
Corporate identity number TC160179
Permanent account number of entity AAFCA6242G
E-60-61-62 ,
MIDC, AMBAD ,
Nashik , MAHAR
ASHTRA ,
Address of registered office of company INDIA - 422010
Commercial and
Type of industry Industrial
Disclosure of document information [Abstract]
Date of board meeting when final accounts were approved 11/09/2024
Date of start of reporting period 01/04/2023 01/04/2022
Date of end of reporting period 31/03/2024 31/03/2023
Nature of report standalone consolidated Standalone
Financial
Content of report Statements
Description of presentation currency INR
Level of rounding used in financial statements Lakhs
Type of cash flow statement Indirect Method
Disclosure of other general information [Abstract]
Whether company is maintaining books of account and other relevant books and papers in electronic form Yes
Postal address of place of maintenance of computer servers (storing accounting data) [Abstract]
E-60-61-62 ,
MIDC, AMBAD ,
NASHIK , MAH
ARASHTRA ,
Complete postal address of place of maintenance of computer servers (storing accounting data) INDIA - 422010
Name of city of place of maintenance of computer servers (storing accounting data) Nashik
Name of state/ union territory of place of maintenance of computer servers (storing accounting data) Maharashtra
Pin code of place of maintenance of computer servers (storing accounting data) 422010
Name of district of place of maintenance of computer servers (storing accounting data) Nashik
ISO country code of place of maintenance of computer servers (storing accounting data) 91
Name of country of place of maintenance of computer servers (storing accounting data) India
Phone (with STD/ ISD code) of place of maintenance of computer servers (storing accounting data) 02536628813

Disclosure of principal product or services [Table]

Unless otherwise specified, all monetary values are in Lakhs of INR
Types of principal product or services [Axis] 1
Period FY 2024
Disclosure of principal product or services [Abstract]
Disclosure of principal product or services [Line Items]
Product or service category (ITC 4 digit) code 8409
PARTS
SUITABLE FOR
USE SOLELY
OR
PRINCIPALLY
WITH THE
ENGINES OF
HEADING 8407
Description of product or service category OR 8408
Turnover of product or service category 158,143.26
Highest turnover contributing product or service (ITC 8 digit) code 84099191
Manufacture of p
artsand
accessories for
Description of product or service motor vehicles
Turnover of highest contributing product or service 158,143.26

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[700400] Disclosures - Auditors report

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024
Textual
Disclosure in auditor’s report explanatory [Text Block] Information (11)
Whether companies auditors report order is applicable on company Yes
Whether auditors' report has been qualified or has any reservations or contains adverse remarks No

Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Table]

Unless otherwise specified, all monetary values are in Lakhs of INR
Auditor's Clause not
favourable remark applicable
Auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Axis] [Member] [Member]
Period FY 2024
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Abstract]
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Line Items]
Textual
Disclosure in auditors report relating to fixed assets Information (12)
Textual
Disclosure in auditors report relating to inventories Information (13)
Textual
Disclosure in auditors report relating to loans Information (14)
Textual
Disclosure in auditors report relating to compliance with Section 185 and 186 of Companies Act, 2013 Information (15)
Textual
Disclosure in auditors report relating to deposits accepted Information (16)
(vi) The Central
Government has
not prescribed the
maintenance of
cost records under
section 148 (1) of
the Act, for any of
the services
rendered by the
Disclosure in auditors report relating to maintenance of cost records company.
Textual
Disclosure in auditors report relating to statutory dues [Text Block] Information (17)
(ix) In our opinion
and according to
the information
and explanations
given to us, the
company has not
defaulted in the
repayment of
loans or
borrowings to
Banks and
Disclosure in auditors report relating to default in repayment of financial dues Government.
Disclosure in auditors report relating to public offer and term loans used for purpose for which those were Textual
raised Information (18)
Disclosure in auditors report relating to fraud by the company or on the company by its officers or its Textual
employees reported during period Information (19)
Textual
Disclosure in auditors report relating to managerial remuneration Information (20)
Textual
Disclosure in auditors report relating to Nidhi Company Information (21)
Textual
Disclosure in auditors report relating to transactions with related parties Information (22)
The Company has
not made any
preferential
allotment or
private placement
of shares or
convertible
Disclosure in auditors report relating to preferential allotment or private placement of shares or convertible debentures during
debentures the year
Textual
Disclosure in auditors report relating to non-cash transactions with directors or persons connected with him Information (23)

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Disclosure in auditors report relating to registration under section 45-IA of Reserve Bank of India Act, Textual
1934 Information (24)

Details regarding auditors [Table]

Unless otherwise specified, all monetary values are in Lakhs of INR
Auditors [Axis] 1
Period FY 2024
Details regarding auditors [Abstract]
Details regarding auditors [Line Items]
Category of auditor Auditors firm
Govilkar &
Name of audit firm Associates
TIKEKAR
SUYOG
Name of auditor signing report PRABHAKAR
Firms registration number of audit firm 119099W
Membership number of auditor 110180
5-6, Patel Pride,
Patil Lane, Lane
No - 2 ,College
Road, Nashik -
Address of auditors 422005
Permanent account number of auditor or auditor's firm AADFG4356N
SRN of form ADT-1 R02166833
Date of signing audit report by auditors 11/09/2024
Date of signing of balance sheet by auditors 11/09/2024

Textual information (11): Disclosure in auditor’s report explanatory [Text Block]

INDEPENDENT AUDITOR’S REPORT

To The Members of

Alf Engineering Pvt Ltd.

Report on the accompanying Financial Statements

Opinion

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

We have audited the accompanying financial statements ALF ENGINEERING PVT. LTD. (“the Company”), which comprise the Balance Sheet as
at 31st March 2024, and the statement of the Profit and Loss (including other comprehensive income), the statements of changes in equity and
the statement of cash flows for the year then ended, and notes to the financial statements, including a summary of significant accounting policies
and other explanatory information (herein after referred to as “Accompanying financial statements”).

In our opinion and to the best of our information and according to the explanations given to us, the aforesaid financial statements give the
information required by the Companies Act, 2013 (“the Act”) in the manner so required and give a true and fair view in conformity with the
Accounting Standards prescribe under section 133 of the Act read with the Companies (Accounting Standards) Rules, 2015, as amended, (“AS”)
and other accounting principles generally accepted in India, of the state of affairs of the Company as at March 31, 2024 and its total
comprehensive Income (net profit and Other Comprehensive Income), the changes in equity and its cash flows for the year ended on that date.

Basis for opinion

We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143 (10) of the Companies Act, 2013. Our
responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the financial statements section of
our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India
together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Companies Act, 2013
and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Information other than the Accompanying Financial statements and Auditor’s Report thereon

The Company’s Board of Directors is responsible for the preparation of the other information. The other information comprises the information
included in the Board’s Report including Annexures to Board’s Report, Corporate Governance Report but does not include the financial
statements and our “Audit report” thereon.

Our opinion on the financial statements does not cover the “other information’’ and we will not express any form of assurance conclusion thereon.

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

In connection with our audit of the financial statements, our responsibility is to read the other information identified above when it becomes
available and, in doing so consider whether the other information is materially inconsistent with the financial statement or our knowledge obtained
in the audit, or otherwise appears to be materially misstated.

When we read the Board’s Report including annexures to the Board’s Report and Corporate Governance Report, if we conclude that there is a
material misstatement therein, we are required to communicate the matter to those charged with governance.

Management’s Responsibility for the Accompanying Financial Statements

The Company’s Board of Directors is responsible for the matters stated in section 134(5) of the Companies Act, 2013 (‘‘the Act’’) with respect to
the preparation and presentation of these accompanying Financial Statement that give a true and fair view of the financial position, financial
performance including other comprehensive income, statement of changes in equity and cash flow of the company in accordance with the
accounting principles generally accepted in India, including the Indian Accounting standard (Ind AS) specified under section 133 of the Act, read
with Rule 7 issued thereunder. This responsibility also includes maintenance of adequate accounting records in accordance with the provision of
the Act for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities; selection and application of
appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and
maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the
accounting records, relevant to the preparation and presentation of accompanying financial statements that give a true and fair view and are free
from material misstatements, whether due to fraud or error.

In preparing the Financial Statements, Board of Directors is responsible for assessing the Company’s ability to continue as a going concern,
disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless Board of Directors either
intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The Board of Directors is also responsible for overseeing the Company’s financial reporting process.

Auditor’s Responsibility for the Audit Accompanying Financial Statements

Our objectives are to obtain reasonable assurance about whether the Financial Statements as a whole are free from material misstatement,

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ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is
not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can
arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the
economic decisions of users taken on the basis of these Financial Statements.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional scepticism throughout the audit. We
also:

• Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit
procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of
not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery,
intentional omissions, misrepresentations, or the override of internal control.

• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances.
Under Section 143(3)(i) of the Act, we are also responsible for expressing our opinion on whether the entity has adequate internal financial
controls system in place and the operating effectiveness of such controls.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by
management.

• Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence obtained,
whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s ability to continue as a
going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditors’ report to the related disclosures
in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence
obtained up to the date of our auditors’ report. However, future events or conditions may cause the Company to cease to continue as a going
concern.

• Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial
statements represent the underlying transactions and events in a manner that achieves fair presentation.

Materiality is the magnitude of misstatements in the Accompanying financial statements that, individually or in aggregate, makes it probable that
the economic decisions of a reasonably knowledgeable user of the Accompanying financial statements may be influenced. We consider
quantitative materiality and qualitative factors in (i) planning the scope of our audit work and in evaluating the results of our work; and (ii) to
evaluate the effect of any identified misstatements in the Accompanying financial statements.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant
audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding
independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence,
and where applicable, related safeguards.

147
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Report on other Legal and regulatory requirements:

• As required by the Companies (Auditor’s Report) Order, 2020 issued by the Central Government of India in terms of sub-section (11) of section
143 of the Act, we give in the Annexure-A, a statement on the matters specified in the paragraph 3 and 4 of the order.

• As required by section143(3) of the Act, we report that;

• We have sought and obtained all the information and explanations, which, to the best of our knowledge and belief were necessary for the
purpose of our audit.

• In our opinion, proper books of account as required by law have been kept by the company so far as it appears from our examination of those
books.

• The Balance Sheet, the Statement of Profit and Loss (including Other Comprehensive Income) and Statement of Cash Flow and the Statement
of Changes in Equity dealt with, by this report are in agreement with the books of account.

• In our opinion, the aforesaid Ind AS financial statements comply with the Indian Accounting Standards specified under Section 133 of the Act,
read with relevant rules issued thereunder;

• On the basis of the written representations received from the directors as on March 31, 2024 taken on record by the board of directors, none of
the directors is disqualified as on March 31, 2024 from being appointed as a director in terms of Section 164 (2) of the Act;

• With respect to the adequacy of the internal financial controls over financial reporting of the company and the operating effectiveness of such
controls, refer to our separate report in “Annexure B”;

• With respect to the other matters to be included in the Auditor’s Report in accordance with Rule 11 of the Companies (Audit and Auditors)
Rules, 2014, in our opinion and to the best of our information and according to the explanations given to us:

• The company has disclosed the impact of pending litigations on its financial position in its Ind AS financial statements.

• The company did not have any long term contracts including derivative contracts for which there were any material foreseeable losses.

148
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

• There were no amounts which were required to be transferred to the Investor Education and Protection Fund by the Company.

• (i) The management has represented that, to the best of it’s knowledge and belief, other than as disclosed in the notes to the accounts, no
funds have been advanced or loaned or invested (either from borrowed funds or share premium or any other sources or kind of funds) by the
company to or in any other person(s) or entity(ies), including foreign entities (“Intermediaries”), with the understanding, whether recorded in
writing or otherwise, that the Intermediary shall, whether, directly or indirectly lend or invest in other persons or entities identified in any manner
whatsoever by or on behalf of the company (“Ultimate Beneficiaries”) or provide any guarantee, security or the like on behalf of the Ultimate
Beneficiaries;

(ii) The management has represented, that, to the best of it’s knowledge and belief, other than as disclosed in the notes to the accounts, no funds
have been received by the company from any person(s) or entity(ies), including foreign entities (“Funding Parties”), with the understanding,
whether recorded in writing or otherwise, that the company shall, whether, directly or indirectly, lend or invest in other persons or entities
identified in any manner whatsoever by or on behalf of the Funding Party (“Ultimate Beneficiaries”) or provide any guarantee, security or the like
on behalf of the Ultimate Beneficiaries; and

(iii) Based on audit procedures which we considered reasonable and appropriate in the circumstances, nothing has come to their notice that has
caused them to believe that the representations under sub-clause (i) and (ii) contain any material mis-statement.

• The company has not declared or paid any dividend during the year in contravention of the provisions of section 123 of the Companies Act,
2013.

• The company has used such accounting software for maintaining its books of account which has a feature of recording audit trail (edit log)
facility and the same has been operated throughout the year for all transactions recorded in the software and the audit trail feature has not been
tampered with and the audit trail has been preserved by the company as per the statutory requirements for record retention.

149
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Date:11.09.2024

Place: NASHIK

FOR M/s GOVILKAR AND ASSOCIATES.

CHARTERED ACCOUNTANTS

(FRN.119099W)

CA SUYOG TIKEKAR

(PARTNER)

Mem. No.: 110180

UDIN: 24110180BKAEHJ3653

150
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

ANNEXURE-A TO THE INDEPENDENT AUDITOR’S REPORT

(Referred to in paragraph 1 under ‘Report on Other Legal and Regulatory Requirements section of our report of even date)

With reference to the Annexure referred to in the Independent Auditor’s Report to the Members of ALF ENGINEERING PVT. LTD (‘the
Company’) on the Financial Statements for the year ended 31st March 2024, we report the following:

• a) The company has maintained proper records showing full particulars, including quantitative details and situation of the property, plant and
equipment.

b) The company has a regular program of physical verification of its fixed assets (property, plant and equipment) by which all fixed assets
(property, plant and equipment) are verified in a phased manner over a period of two to three years. In accordance with this program, a portion of
the fixed assets (property, plant and equipment) has been physically verified by the management during the year and no material discrepancies
have been noticed on such verification. In our opinion, this periodicity of physical verification is reasonable having regard to the size of the
company and the nature of its assets.

c) According to the information and explanations given to us and on the basis of our examination of the records of the company, the title deeds of
immovable properties are held in the name of the Company as at the balance sheet date.

• a) Inventory, except goods in transit, has been physically verified by the management at reasonable intervals during the year and no material
discrepancies were noticed on such physical verification. In our opinion the frequency of such verification is reasonable.

151
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

b) As informed to us, the Company does not required to file any return or statement with Banks or Financial Institution from which the working
capital limit has been availed. Hence, the reporting under this clause is not required.

• In our opinion and according to the information and explanation given to us, the company has neither invested in nor granted any loans,
secured or unsecured, to companies, firms or other parties covered in the register maintained under Section 189 of the Companies Act, 2013.
Accordingly, paragraph 3 (iii) of the order is not applicable to the company.

• In our opinion, the company has not granted any loans or provided any guarantees or securities to the parties covered u/s 185 of the Act. The
company has complied with the provisions of section 186 of the Act with respect to loans and Investments. The company has not provided any
guarantee or security to the parties covered u/s 186 of the Act. Hence the provisions of clause 3(iv) of the order is not applicable.

• According to the information and explanations given to us, the company has not accepted any deposit from the public in accordance with the
provisions of sections 73 to 76 of the Act and the rules framed thereunder.

• The Central Government has not prescribed the maintenance of cost records under section 148 (1) of the Act, for any of the services rendered
by the company.

• In respect of statutory dues:

• According to the information and explanations given to us and on the basis of our examination of the records of the company, amounts
deducted/accrued in the books of accounts in respect of undisputed statutory dues including provident fund, income tax, sales tax, works
contract tax, Goods and Services Tax, service tax, cess and other material statutory dues have been regularly deposited during the year by the
company with the appropriate authorities.

In our opinion and according to the information and explanations given to us, no undisputed amounts payable in respect of provident fund,
employees’ group insurance, income-tax, sales tax, service tax, customs duty, excise duty, works contract tax, cess, GST and other material
statutory dues were in arrears as at 31st March 2024 for a period of more than six months from the date they become payable.

• According to the information and explanations given to us, there are no dues of income tax, sales tax, service tax, customs duty, excise duty,
value added tax, goods and services tax which have not been deposited with the appropriate authorities on account of any dispute.

• There were no any unrecorded transactions which have been surrendered or disclosed as income during the year in the tax assessment under
the Income Tax Act, 1961 (43 of 1961).

• In our opinion and according to the information and explanations given to us, the company has not defaulted in the repayment of loans or
borrowings to Banks and Government.

152
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

• (a) According to the information and explanations given to us, the Company has utilised the money raised by way of term loans for the purposes
for which they were obtained. The Company did not raise any money by way of initial public offer or further public offer (including debt
instruments) during the year.

(b)The Company has not made any preferential allotment or private placement of shares or convertible debentures during the year.

• To the best of our knowledge and according to the information and explanations given to us, no material fraud by the company or on the
company by its officers or employees has been noticed or reported during the course of our audit.

• In our opinion and according to the information and explanations given to us, the company is not a Nidhi Company as prescribed under Section
406 of the Act. Accordingly, provision of clause 3 (xii) of the order is not applicable to the company.

• In our opinion and according to the information and explanations given to us and based on our examination of the records of the Company, all
transactions with the related parties are in compliance with Sections 177 and 188 of the Act, where applicable, and details of such related party
transactions have been disclosed in the Ind AS financial statements as required by the applicable accounting standard.

• The Company has its own internal audit System which from our observations and explanations received is commensurate with the size and
nature of its business.

• According to the information and explanations given to us and based on our examination of the records of the company, the Company has not
entered into any non-cash transactions with its directors or persons connected with him. Accordingly, provision of clause 3(xv) of the Order is not
applicable to the Company.

• According to the information and explanations given to us, the Company is not required to be registered under Section 45-IA of the Reserve
Bank of India Act, 1934. Accordingly, provision of clause 3(xvi) of the Order is not applicable to the Company.

153
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

• The Company has not incurred cash losses in the financial year under audit and in the immediately preceding financial year.

• There has been no resignation of the Statutory Auditor. Accordingly, provision of clause 3(xviii) of the Order is not applicable to the Company.

• on the basis of the financial ratios, ageing and expected dates of realisation of financial assets and payment of financial liabilities, other
information accompanying the financial statements, the auditor’s knowledge of the Board of Directors and management plans, We are of the
opinion that no material uncertainty exists as on the date of the audit report that company is capable of meeting its liabilities existing at the date of
balance sheet as and when they fall due within a period of one year from the balance sheet date.

• (a) whether, in respect of other than ongoing projects, the company has transferred unspent amount to a Fund specified in Schedule VII to the
Companies Act within a period of six months of the expiry of the financial year in compliance with second proviso to sub-section (5) of section
135 of the said Act;

(b)whether any amount remaining unspent under sub-section (5) of section 135 of the Companies Act, pursuant to any ongoing project, has been
transferred to special account in compliance with the provision of sub-section (6) of section 135 of the said Act.

• Since the Financial statements are standalone, the reporting under the clause 3(xxi) of the order is not applicable to the Company.

Date : 11.09.2024

Place :NASHIK

FOR M/s GOVILKAR AND ASSOCIATES. CHARTERED ACCOUNTANTS

(FRN.119099W)

154
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

CA SUYOG TIKEKAR

(PARTNER)

Mem. No.:110180

UDIN: 24110180BKAEHJ3653

Annexure – B to the Independent Auditors’ Report

(Referred to in paragraph 3 (f) under ‘Report on Other Legal and Regulatory Requirements’ section of our report to the members of ALF
Engineering Pvt. Ltd. of even date)

Report on the Internal Financial Controls Over Financial Reporting under Clause (i) of Sub-section 3 of Section 143 of the Companies Act, 2013
(“the Act”)

We have audited the internal financial controls over financial reporting of ALF Engineering Pvt. Ltd. (“the Company”) as of 31 March 2024 in
conjunction with our audit of Standalone financial statements of the Company for the year ended on that date.

Management’s Responsibility for Internal Financial Controls

155
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

The Company’s management is responsible for establishing and maintaining internal financial controls based on the internal control over
financial reporting criteria established by the Company considering the essential components of internal control stated in the Guidance Note on
Audit of Internal Financial Controls over Financial Reporting issued by the Institute of Chartered Accountants of India (‘ICAI’). These
responsibilities include the design, implementation and maintenance of adequate internal financial controls that were operating effectively for
ensuring the orderly and efficient conduct of its business, including adherence to company’s policies, the safeguarding of its assets, the
prevention and detection of frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable
financial information, as required under the Companies Act, 2013.

Auditors’ Responsibility

Our responsibility is to express an opinion on the Company's internal financial controls over financial reporting based on our audit. We conducted
our audit in accordance with the Guidance Note on Audit of Internal Financial Controls over Financial Reporting (the “Guidance Note”) and the
Standards on Auditing, issued

by ICAI and deemed to be prescribed under section 143(10) of the Companies Act, 2013, to the extent applicable to an audit of internal financial
controls, both applicable to an audit of Internal Financial Controls and, both issued by the Institute of Chartered Accountants of India. Those
Standards and the Guidance Note require that we comply with ethical requirements and plan and perform the audit to obtain reasonable
assurance about whether adequate internal financial controls over financial reporting was established and maintained and if such controls
operated effectively in all material respects.

Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls system over financial
reporting and their operating effectiveness. Our audit of internal financial controls over financial reporting included obtaining an understanding of
internal financial controls over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and
operating effectiveness of internal control based on the assessed risk. The procedures selected depend on the auditor’s judgment, including the
assessment of the risks of material misstatement of the accompanying financial statements, whether due to fraud or error.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the Company’s
internal financial controls system over financial reporting.

156
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Meaning of Internal Financial Controls over Financial Reporting

A company's internal financial control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles.
A company's internal financial control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of
records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide
reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally
accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of
management and directors of the

company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the
company's assets that could have a material effect on the financial statements.

Inherent Limitations of Internal Financial Controls Over Financial Reporting

Because of the inherent limitations of internal financial controls over financial reporting, including the possibility of collusion or improper
management override of controls, material misstatements due to error or fraud may occur and not be detected. Also, projections of any
evaluation of the internal financial controls over financial reporting to future periods are subject to the risk that the internal financial control over
financial reporting may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures
may deteriorate.

Opinion

In our opinion, the Company has, in all material respects, an adequate internal financial controls system over financial reporting and such internal
financial controls over financial reporting were operating effectively as at 31 March 2024, 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.

157
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Date : 11.09.2024

Place :NASHIK

FOR M/s GOVILKAR AND ASSOCIATES.

CHARTERED ACCOUNTANTS

(FRN. 119099W)

CA SUYOG TIKEKAR

(PARTNER)

Mem. No.:110180

UDIN: 24110180BKAEHJ3653

158
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Textual information (12): Disclosure in auditors report relating to fixed assets

(i) a) The company has maintained proper records showing full particulars, including quantitative details and situation of the property, plant and
equipment. b) The company has a regular program of physical verification of its fixed assets (property, plant and equipment) by which all fixed
assets (property, plant and equipment) are verified in a phased manner over a period of two to three years. In accordance with this program, a
portion of the fixed assets (property, plant and equipment) has been physically verified by the management during the year and no material
discrepancies have been noticed on such verification. In our opinion, this periodicity of physical verification is reasonable having regard to the
size of the company and the nature of its assets. c) According to the information and explanations given to us and on the basis of our
examination of the records of the company, the title deeds of immovable properties are held in the name of the Company as at the balance sheet
date.

Textual information (13): Disclosure in auditors report relating to inventories

(ii) a) Inventory, except goods in transit, has been physically verified by the management at reasonable intervals during the year and no material
discrepancies were noticed on such physical verification. In our opinion the frequency of such verification is reasonable. b) As informed to us, the
Company does not required to file any return or statement with Banks or Financial Institution from which the working capital limit has been
availed. Hence, the reporting under this clause is not required.

Textual information (14): Disclosure in auditors report relating to loans

(iii) In our opinion and according to the information and explanation given to us, the company has neither invested in nor granted any loans,
secured or unsecured, to companies, firms or other parties covered in the register maintained under Section 189 of the Companies Act, 2013.
Accordingly, paragraph 3 (iii) of the order is not applicable to the Company

Textual information (15): Disclosure in auditors report relating to compliance with Section 185 and 186 of Companies
Act, 2013

(iv)In our opinion, the company has not granted any loans or provided any guarantees or securities to the parties covered u/s 185 of the Act. The
company has complied with the provisions of section 186 of the Act with respect to loans and Investments. The company has not provided any
guarantee or security to the parties covered u/s 186 of the Act. Hence the provisions of clause 3(iv) of the order is not applicable.

Textual information (16): Disclosure in auditors report relating to deposits accepted

According to the information and explanations given to us, the company has not accepted any deposit from the public in accordance with the
provisions of sections 73 to 76 of the Act and the rule s framed thereunder.

Textual information (17): Disclosure in auditors report relating to statutory dues [Text Block]

(vii) In respect of statutory dues: (a) According to the information and explanations given to us and on the basis of our examination of the records
of the company, amounts deducted/accrued in the books of accounts in respect of undisputed statutory dues including provident fund, income
tax, sales tax, works contract tax, Goods and Services Tax, service tax, cess and other material statutory dues have been regularly deposited
during the year by the company with the appropriate authorities. In our opinion and according to the information and explanations given to us, no
undisputed amounts payable in respect of provident fund, employees’ group insurance, income-tax, sales tax, service tax, customs duty, excise
duty, works contract tax, cess, GST and other material statutory dues were in arrears as at 31st March 2024 for a period of more than six months
from the date they become payable. (b) According to the information and explanations given to us, there are no dues of income tax, sales tax,
service tax, customs duty, excise duty, value added tax, goods and services tax which have not been deposited with the appropriate authorities
on account of any dispute.

Textual information (18): Disclosure in auditors report relating to public offer and term loans used for purpose for
which those were raised

(a) According to the information and explanations given to us, the Company has utilised the money raised by way of term loans for the purposes
for which they were obtained. The Company did not raise any money by way of initial public offer or further public offer (including debt
instruments) during the year. (b)The Company has not made any preferential allotment or private placement of shares or convertible debentures
during the year.

159
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Textual information (19): Disclosure in auditors report relating to fraud by the company or on the company by its
officers or its employees reported during period

(xi) To the best of our knowledge and according to the information and explanations given to us, no material fraud by the company or on the
company by its officers or employees has been noticed or reported during the course of our audit.

Textual information (20): Disclosure in auditors report relating to managerial remuneration

According to the information and explanations given to us and based on our examination of the records, the provisions of Section 197 read with
Schedule V to the Act regarding managerial remuneration are not applicable.

Textual information (21): Disclosure in auditors report relating to Nidhi Company

(xii) In our opinion and according to the information and explanations given to us, the company is not a Nidhi Company as prescribed under
Section 406 of the Act. Accordingly, provision of clause 3 (xii) of the order is not applicable to the company.

Textual information (22): Disclosure in auditors report relating to transactions with related parties

(xiii) In our opinion and according to the information and explanations given to us and based on our examination of the records of the Company,
all transactions with the related parties are in compliance with Sections 177 and 188 of the Act, where applicable, and details of such related
party transactions have been disclosed in the Ind AS financial statements as required by the applicable accounting standard.

Textual information (23): Disclosure in auditors report relating to non-cash transactions with directors or persons
connected with him

According to the information and explanations given to us and based on our examination of the records of the company, the Company has not
entered into any non-cash transactions with its directors or persons connected with him. Accordingly, provision of clause 3(xv) of the Order is not
applicable to the Company.

Textual information (24): Disclosure in auditors report relating to registration under section 45-IA of Reserve Bank of
India Act, 1934

(xvi) According to the information and explanations given to us, the Company is not required to be registered under Section 45-IA of the Reserve
Bank of India Act, 1934. Accordingly, provision of clause 3(xvi) of the Order is not applicable to the Company.

160
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[700500] Disclosures - Signatories of financial statements

Details of directors signing financial statements [Table]

Unless otherwise specified, all monetary values are in Lakhs of INR
Directors signing financial statements [Axis] 1 2
Period FY 2024
Details of directors signing financial statements [Abstract]
Details of directors signing financial statements [Line Items]
Name of director signing financial statements [Abstract]
First name of director PIERRE JOSEPH
Middle name of director JULIAN JOHN ANTHONYNEIL
Last name of director DSOUZA DSOUZA
Designation of director Director Director
Director identification number of director 00334924 00335017
Date of signing of financial statements by director 11/09/2024 11/09/2024

161
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[700600] Disclosures - Directors report

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024
Textual
Disclosure in board of directors report explanatory [Text Block] Information (25)
Textual
Description of state of companies affair Information (26)
The Company has
not transferred
any amount to
General Reserve.
Disclosure relating to amounts if any which is proposed to carry to any reserves  
With a view to
conserve
resources, your
Directors have
thought it prudent
not to recommend
any dividend for
the financial year
under review.
Disclosures relating to amount recommended to be paid as dividend  
Company has
been install solar
unit generation for
Details regarding energy conservation saving energy
Textual
Steps taken or impact on conservation of energy [Text block] Information (27)
Textual
Details regarding technology absorption Information (28)
Textual
Efforts made towards technology absorption [Text block] Information (29)
Textual
Benefits derived regarding technology absorption Information (30)
Textual
Details regarding foreign exchange earnings and outgo Information (31)
Textual
Disclosures in director’s responsibility statement Information (32)
Textual
Details of material changes and commitment occurred during period affecting financial position of company Information (33)
Textual
Particulars of loans guarantee investment under section 186 [Text Block] Information (34)
Textual
Particulars of contracts/arrangements with related parties under section 188(1) [Text Block] Information (35)
Details of statement indicating manner in which formal annual evaluation made by board of its performance and of its committees Textual
and individual directors [Text Block] Information (36)
Textual
Disclosure of extract of annual return as provided under section 92(3) [Text Block] Information (37)
Textual
Disclosure of statement on declaration given by independent directors under section 149(6) [Text Block] Information (38)
Disclosure for companies covered under section 178(1) on directors appointment and remuneration including other matters Textual
provided under section 178(3) [Text Block] Information (39)
Textual
Disclosure of statement on development and implementation of risk management policy [Text Block] Information (40)
Details on policy development and implementation by company on corporate social responsibility initiatives taken during year Textual
[Text Block] Information (41)
Textual
Disclosure of financial summary or highlights [Text Block] Information (42)
Textual
Disclosure of change in nature of business [Text Block] Information (43)
Textual
Details of directors or key managerial personnels who were appointed or have resigned during year [Text Block] Information (44)
Disclosure of companies which have become or ceased to be its subsidiaries, joint ventures or associate companies during year Textual
[Text Block] Information (45)
Textual
Details relating to deposits covered under chapter v of companies act [Text Block] Information (46)
Textual
Details of deposits which are not in compliance with requirements of chapter v of act [Text Block] Information (47)
Details of significant and material orders passed by regulators or courts or tribunals impacting going concern status and Textual
company’s operations in future [Text Block] Information (48)

162
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Textual
Details regarding adequacy of internal financial controls with reference to financial statements [Text Block] Information (49)
Textual
Disclosure of appointment and remuneration of director or managerial personnel if any, in the financial year [Text Block] Information (50)
Number of meetings of board [pure] 11

Details of material contracts/arrangements/transactions at arm's length basis [Table]

Unless otherwise specified, all monetary values are in Lakhs of INR
Material contracts/arrangements/transactions at arm's length basis
[Axis] 1 2 3 4
Period FY 2024
Details of material contracts/arrangements/transactions at arm's
length basis [Abstract]
Details of material contracts/arrangements/transactions at arm's
length basis [Line Items]
AL F - P M
SURFACE
COATING JOSEPH
PRIVATE PIERRE JULIAN ANTHONYNEIL Alf engineering
Name of related party LIMITED JOHN DSOUZA DSOUZA Co.
Private company
in which a
director or
manager or his Firm in which
relative is a director, manager
member or Director or his Director or his or his relative is a
Nature of related party relationship director relative relative partner
Purchase of
Services/Goods,
Sales of R M
Interest on Interest on /Finished Goods
Description of nature of material Purchase of unsecured loans unsecured loans and Interest on
contracts/arrangements/transactions with related party Services/Goods and remuneration and remuneration Unsecured Loans
Duration of material contracts/arrangements/transactions with
related party Yearly Yearly Yearly Yearly

Details of principal business activities contributing 10% or more of total turnover of company [Table]
Unless otherwise specified, all monetary values are in Lakhs of INR
Product/service 1
Principal business activities of company [Axis] [Member]
Period FY 2024
Details of principal business activities contributing 10% or more of total turnover of company [Abstract]
Details of principal business activities contributing 10% or more of total turnover of company [Line Items]
Manufacture of
measuring,
testing, navigating
and control
Name of main product/service equipment
Manufacture of
measuring,
testing, navigating
and control
Description of main product/service equipment
NIC code of product/service 26512
Percentage to total turnover of company 10%

Details of directors signing board report [Table]

Unless otherwise specified, all monetary values are in Lakhs of INR
Directors signing board report [Axis] 1 2
Period FY 2024
Details of signatories of board report [Abstract]
Details of directors signing board report [Line Items]
Name of director signing board report [Abstract]
First name of director PIERRE JOSEPH
Middle name of director JULIAN JOHN ANTHONYNEIL
Last name of director DSOUZA DSOUZA
Designation of director Director Director
Director identification number of director 00334924 00335017
Date of signing board report 11/09/2024 11/09/2024

163
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Textual information (25): Disclosure in board of directors report explanatory [Text Block]

DIRECTORS REPORT

OF

ALF ENGINEERING PRIVATE LIMITED

FOR THE FINANCIAL YEAR 2023-2024

NAMES OF PAST AND PRESENT DIRECTORS OF THE COMPANY WITH DIRECTOR IDENTIFICATION NUMBERS (DIN)[1]

1. PIERRE JULIAN JOHN DSOUZA (DIN 00334924)

2. JOSEPH ANTHONYNEIL DSOUZA (DIN 00335017)

DIRECTORS’ REPORT

164
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

To

The Members,

ALF ENGINEERING PRIVATE LIMITED

Address:-

E-60-61-62 MIDC, AMBAD NASHIK 422010

Your Directors have pleasure in presenting the 18thAnnual Report of the Company together with the Audited Statement of Accounts for the year
ended 31stMarch, 2024.

• FINANCIAL STATEMENTS &RESULTS:

• Financial Results

The Company's performance during the year ended 31stMarch, 2024 as compared to the previous financial year, is summarized below:

For the financial year ended 31st March, For the financial year ended 31st March,
Particulars
2024 2023

Income 16,00,66,41,496.28 13,99,74,12,167.40

165
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Less: Expenses 14,80,93,28,992.60 12,99,07,86,783.34

Profit/ (Loss) before tax 1,19,73,12,503.68 1,00,66,25,384.06

Less: Provision for tax:

Current Tax 30,35,00,000.00 25,00,00,000.00

Deferred Tax (2,32,86,987.00) (82,44,270.83)

Income Tax of earlier years w/off

Exception Income

Exception expenditure

Profit after Tax 87,05,25,516.68 74,83,81,113.23

APPROPRIATION

166
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Interim Dividend - -

Final Dividend - -

Tax on distribution of dividend - -

Transfer of General Reserve - -

Balance carried to Balance sheet 4,84,89,64,816.44 3,98,36,04,221.42

• OPERATIONS:

The Company continues to be engaged in the activities pertaining to Engineering Works.

There was no change in nature of the business of the Company, during the year under review.

167
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

• DIVIDEND:

With a view to conserve resources, your Directors have thought it prudent not to recommend any dividend for the financial year under review.

• UNPAID DIVIDEND & IEPF:

The Company has not transferred any amount to the Investor Education & Protection Fund (IEPF) and no amount is lying in Unpaid Dividend A/c
of the Company.

• TRANSFER TO RESERVES:

The Company has not transferred any amount to General Reserve.

• REPORT ON PERFORMANCE OF SUBSIDIARIES, ASSOCIATES AND JOINT VENTURE COMPANIES:

During the year under review, your Company did not have any subsidiary, associate and joint venture company.

• DEPOSITS:

The Company has not accepted or renewed any amount falling within the purview of provisions of Section 73 of the Companies Act 2013 (“the
Act”) read with the Companies (Acceptance of Deposit) Rules, 2014 during the year under review. Hence, the requirement for furnishing of
details relating to deposits covered under Chapter V of the Act or the details of deposits which are not in compliance with the Chapter V of the Act
is not applicable.

168
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

• LOANS FROM DIRECTORS OR DIRECTORS’ RELATIVES:

During the financial year under review, the Company has borrowed the following amount(s) from Directors and the respective director has given
a declaration in writing to the Company to the effect that the amount is not being given out of funds acquired by him by borrowing or accepting
loans or deposits from others. Accordingly, the following amount(s) is /are excluded from the definition of Deposit as per Rule 2(1)(c)(viii) of the
Companies (Acceptance of Deposits) Rules, 2014:-

Name of Person giving loan Whether Director or Director’s Relative? Amount borrowed during 2023-24

Joseph D'Souza Directors

Pierre D'Souza Directors

169
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

• PARTICULAR OF CONTRACTS OR ARRANGEMENT WITH RELATED PARTIES:

All transactions/contracts/arrangements entered into by the Company with related party(ies) as defined under the provisions of Section 2(76) of
the Companies Act, 2013, during the financial year under review were in ordinary course of business and on an arm’s length basis. Further, none
of these contracts / arrangements / transactions with related parties could be considered material in nature as per the thresholds given in Rule
15(3) of the Companies (Meetings of Board and its Powers) Rules, 2014 and hence no disclosure is required to be given in this regard.

• CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO:

The particulars as required under the provisions of Section 134(3)(m) of the Companies Act, 2013 read with Rule 8 of the Companies (Accounts)
Rules, 2014 in respect of conservation of energy, technology absorption, foreign exchange earnings and outgo etc. are furnished in Annexure I
which forms part of this Report.

• ANNUAL RETURN:

Pursuant to the provisions of Section 92(3) read with Section 134(3)(a) of Companies Act, 2013, the Annual Return as on 31st March, 2023 is
available on Company’s website on “www.alfengineering.com”

• PARTICULARS OF INVESTMENTS, LOANS, GUARANTEES AND SECURITIES:

170
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

The Company has not made any loans, guarantees and investments covered under section 186 of the Act.

• MATERIAL CHANGES AFTER END OF YEAR:

Except as disclosed elsewhere in this report, no material changes and commitments which could affect the Company’s financial position, have
occurred between the end of the financial year of the Company and date of this report.

• DISCLOSURE OF INTERNAL FINANCIAL CONTROLS –

The Internal Financial Controls with reference to financial statements as designed and implemented by the Company are adequate. During the
year under review, no material or serious observation has been received from the Statutory Auditors of the Company for inefficiency or
inadequacy of such controls.

• MATTERS RELATED TO DIRECTORS AND KEY MANAGERIAL PERSONNEL:

• BOARD OF DIRECTORS & KEY MANAGERIAL PERSONNEL:

There was no change in Directorship of the Company during the year under review the Company was not required to appoint any Key
Managerial Personnel.

• DISCLOSURES RELATED TO BOARD, COMMITTEES AND POLICIES:

• BOARD MEETINGS:

171
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

The Board of Directors met 11 times during the financial year ended 31st March 2024 in accordance with the provisions of the Companies Act,
2013 and rules made thereunder.

The Company has complied with the applicable Secretarial Standards in respect of all the above Board meetings.

• RISK MANAGEMENT POLICY:

The Board of Directors of the Company has designed Risk Management Policy and Guidelines to avoid events, situations or circumstances
which may lead to negative consequences on the Company's businesses, and define a structured approach to manage uncertainty and to make
use of these in their decision making pertaining to all business divisions and corporate functions.Key business risks and their mitigation are
considered in the annual/strategic business plans and in periodic management reviews.

• CORPORATE SOCIAL RESPONSIBILITY POLICY:

As per the provisions of Section 135 of the Act read with Companies (Corporate Social Responsibility Policy) Rules, 2014, the Board of Directors
has constituted a Corporate Social Responsibility (CSR) Committee as under:

1. Mr. Pierre Julian John Dsouza, Chairman,

2. Mr.Joseph Anthonyneil Dsouza

The Board of Directors of the Company has approved CSR Policy based on the recommendation of the CSR Committee.

The CSR Policy of the Company is available on the Company’s web-site and can be accessed in the link provided herein below:

www.alfengineering.com

The CSR Committee met 2 times during the financial year ended 31st March 2024.

172
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

The Company has initiated activities in accordance with the said Policy, the details of which have been prescribed in Annexure II.

• AUDITORS AND REPORTS

The matters related to Auditors and their Reports are as under:

• OBSERVATIONS OF STATUTORY AUDITORS ON ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024:

The observations / qualifications / disclaimers made by the Statutory Auditors in their report for the financial year ended 31st March 2024 read
with the explanatory notes therein are self-explanatory and therefore, do not call for any further explanation or comments from the Board under
Section 134(3) of the Companies Act, 2013.

• STATUTORY AUDITORS:

Pursuant to the provisions of Section 139 of the Companies Act, 2013 and the Companies (Audit and Auditors) Rules, 2014, M/s. Govilkar and
Associates, Chartered Accountants, the Statutory Auditors of the Company have been appointed for a term of 5 years and they continue to be
the Statutory Auditors of the Company.

• MAINTENANCE OF COST RECORDS:

Pursuant to the provisions of Section 148 of the Companies Act, 2013 read with the Companies (Cost Records and Audit) Rules, 2014, as
amended from time to time, the Company is not required to maintain Cost Records under said Rules.

173
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

• REPORTING OF FRAUDS BY STATUTORY AUDITORS UNDER SECTION 143(12):

There were no incidences of reporting of frauds by Statutory Auditors of the Company under Section 143(12) of the Act read with Companies
(Accounts) Rules, 2014.

• OTHER DISCLOSURES:

Other disclosures as per provisions of Section 134 of the Act read with Companies (Accounts) Rules, 2014 are furnished as under:

• DISCLOSURE OF ORDERS PASSED BY REGULATORS OR COURTS OR TRIBUNAL:

No orders have been passed by any Regulator or Court or Tribunal which can have impact on the going concern status and the Company’s
operations in future.

• DIRECTOR’S RESPONSIBILITY STATEMENT:

174
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

In terms of Section 134(5) of the Companies Act, 2013, in relation to the audited financial statements of the Company for the year ended 31st
March, 2024, the Board of Directors hereby confirms that:

• in the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating to
material departures;

• such accounting policies have been selected and applied consistently and the Directors made judgments and estimates that are reasonable
and prudent so as to give a true and fair view of the state of affairs of the Company as at 31st March, 2024 and of the profit/loss of the Company
for that year;

• proper and sufficient care was taken for the maintenance of adequate accounting records in accordance with the provisions of this Act for
safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

• the annual accounts of the Company have been prepared on a going concern basis;

• proper systems have been devised to ensure compliance with the provisions of all applicable laws and that such systems were adequate and
operating effectively;

• DISCLOSURE REGARDING INTERNAL COMPLAINTS COMMITTEE:

The Company has constituted the Internal Complaints Committee as mentioned under the Sexual Harassment of Women at Workplace
(Prevention, Prohibition and Redressal) Act, 2013 but the Company does not have any member on the Committee representing any NGO or
associations committed to cause of women or who have had experience in social work or have legal knowledge. The Company shall take the
requisite steps in this regard during the current financial year 2023-2024.

• DISCLOSURE UNDER SECTION 43(a)(ii) OF THE COMPANIES ACT, 2013:

The Company has not issued any shares with differential rights and hence no information as per provisions of Section 43(a)(ii) of the Act read
with Rule 4(4) of the Companies (Share Capital and Debenture) Rules, 2014 is furnished.

175
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

• DISCLOSURE UNDER SECTION 54(1)(d) OF THE COMPANIES ACT, 2013:

The Company has not issued any sweat equity shares during the year under review and hence no information as per provisions of Section
54(1)(d) of the Act read with Rule 8(13) of the Companies (Share Capital and Debenture) Rules, 2014 is furnished.

• DISCLOSURE UNDER SECTION 62(1)(b) OF THE COMPANIES ACT,2013:

The Company has not issued any equity shares under Employees Stock Option Scheme during the year under review and hence no information
as per provisions of Section 62(1)(b) of the Act read with Rule 12(9) of the Companies (Share Capital and Debenture) Rules, 2014 is furnished.

• DISCLOSURE UNDER SECTION 67(3) OF THE COMPANIES ACT,2013:

During the year under review, there were no instances of non-exercising of voting rights in respect of shares purchased directly by employees
under a scheme pursuant to Section 67(3) of the Act read with Rule 16(4) of Companies (Share Capital and Debentures) Rules, 2014is
furnished.

176
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

• DISCLOSURE OF PROCEEDINGS PENDING OR APPLICATION MADE UNDER INSOLVENCY AND BANKRUPTCY CODE, 2016:

No application was filed for corporate insolvency resolution process, by a financial or operational creditor or by the company itself under the IBC
before the NCLT.

• DISCLOSURE OF REASON FOR DIFFERENCE BETWEEN VALUATION DONE AT THE TIME OF TAKING LOAN FROM BANK AND AT
THE TIME OF ONE TIME SETTLEMENT:

There was no instance of onetime settlement with any Bank or Financial Institution.

• ACKNOWLEDGEMENTS AND APPRECIATION:

Your Directors take this opportunity to thank the customers, shareholders, suppliers, bankers, business partners/associates, financial institutions
and Central and State Governments for their consistent support and encouragement to the Company.

For ALF Engineering Private Limited

177
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

DIRECTOR

DIRECTOR

Name:Pierre Julian John Dsouza

Name : Joseph Anthonyneil Dsouza

DIN: 00334924

DIN: 00335017

Add: ALF, 3rd Floor, Gokahle Road South, Near Portuguese Church, Dadar
West,
Add: ALF, 401, 4th Floor, Gokhale Road, South Dadar Mumbai
400028

Bhawani Shanka Mumbai 400028

Date : 11/09/2024

Place : Mumbai

178
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

179
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

ANNEXURE I

DISCLOSURE PURSUANT TO SECTION 134(3)(M) OF THE COMPANIES ACT 2013 READ WITH RULE 8 OF THE COMPANIES
(ACCOUNTS), RULES 2014

(A) Conservation of energy:

Steps taken or impact on conservation of energy Company has been install solar unit generation for saving energy.

Steps taken by the company for utilizing alternate sources of energy

Capital investment on energy conservation equipments

180
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

(B) Technology absorption:

Efforts made towards technology absorption PHS (press hardened steel)/ Hot Forming Line has been installed at Khed facility.

Approximately 40-50% weight saving in similar components compared to mild steel.

Reduction in CO2 footprint as lighter vehicles consume significantly less diesel for equal distance of travel.

Very high usage in Electric vehicles for weight saving to increase the mileage as compared to mild steel.

Significantly improved crash properties at 40% less weight.

Benefits derived like product improvement, cost reduction, product development or import substitution

In case of imported technology (imported during the last three years reckoned from the beginning of the financial year):

• Details of technology imported PHS Line imported

Furnace imported from Benteler Germany

Automation and integration done by AP&T Sweden.

• Year of import

• Whether the technology has been fully absorbed Yes

• If not fully absorbed, areas where absorption has not taken place, and the reasons thereof

Expenditure incurred on Research and Development

181
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

(C) Foreign exchange earnings and Outgo:

1st April, 2023 to

31st March, 2024

[Current F.Y.] 1st April, 2022 to 31st March, 2023

[Previous F.Y.]

Amount in Rs. Amount in Rs.

Actual Foreign Exchange earnings - -

Actual Foreign Exchange outgo - -

For ALF Engineering Private Limited

DIRECTOR

182
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Name:Pierre Julian John Dsouza

DIN: 00334924

Add: ALF, 3rd Floor, Gokahle Road South, Near Portuguese Church, Dadar West,

Bhawani Shanka Mumbai 400028 DIRECTOR

Name : Joseph Anthony Neil Dsouza

DIN: 00335017

Add: ALF, 401, 4th Floor, Gokhale Road, South Dadar Mumbai 400028

Date : 11/09/2024

Place : Mumbai

183
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

184
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

ANNUAL REPORT ON CSR ACTIVITIES

• Brief outline on CSR Policy of the Company:

185
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

The Company is committed to operate and grow its business in a socially responsible way. Over the years the Company has strived to serve the
communities through various initiatives. The Rural Development Program and Free Education facilitation was at heart of Company as well as
society. Corporate Social responsibility is now one of the core objectives of the Company besides the other main objectives. The Company
intends to do CSR activities /programs, either ongoing or new, in the areas as specified in Schedule VII to the Act, as recommended by the CSR
Committee and approved by the Board and welfare measures for the community at large including employees and their families, so as to ensure
that the poorer section of the society derives the maximum benefit.

The Corporate Social Responsibility (CSR) Policy of the Company, as recommended by CSR committee of the company and as approved by the
Board of Directors of the company, outlines a clear agenda through which we will continue to contribute to the communities directly.

• Composition of CSR Committee:

Designation Number of meetings of CSR

Number of meetings of CSR

Sl.
Committee

Name of Director / Nature of Committee attended during the

No.
held during the year

Directorship year

Mr. Julian John Dsouza

1 Director & Chairman 2 2

2 Mr.Joseph Anthonyneil Dsouza Director & Member 2 2

• Provide the web-link(s) where Composition of CSR Committee, CSR Policy and CSR Projects approved by the board are disclosed on the
website of the company: www.alfengineering.com

186
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

• Provide the executive summary along with web-link(s) of Impact Assessment of CSR Projects carried out in pursuance of sub-rule (3) of rule 8,
if applicable:NA

• (a) Average net profit of the company as per sub-section (5) of section 135: Rs.61,13,98,911.35/-

(b) Two percent of average net profit of the company as per sub-section (5) of section 135:Rs.1,22,27,978.23/-

(c) Surplus arising out of the CSR Projects or programmes or activities of the previous financial years–Rs. -Nil

(d) Amount required to be set-off for the financial year, if any-Rs._ 37929.47 /-.

(e) Total CSR obligation for the financial year [(b)+(c)-(d)]- 1,22,27,978.23/-

6. (a) Amount spent on CSR Projects (both Ongoing Project and other than Ongoing Project): Rs.1,22,65,907.70/-

(b) Amount spent in Administrative Overheads-NA

(c) Amount spent on Impact Assessment, if applicable-NA

(d) Total amount spent for the Financial Year [(a)+(b)+(c)].Rs. 1,22,65,907.70/-

(e) CSR amount spent for the Financial Year: Rs. 1,22,65,907.70/-

187
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Amount Unspent

Amount transferred to any fund specified

Total Amount Spent for the Total Amount transferred to Unspent
under Schedule VII as per second
Financial Year CSR Account as per Section 135(6)
proviso to Section 135(5)

Amount Date of transfer Amount Date of transfer

Rs. 1,22,65,907.70 NIL NA NIL NA

188
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

(f). Excess amount for set off, if any

Sl. No. Particulars Amount (in Rs.)

(i) Two percent of average net profit of the company as per section 135(5) 1,22,27,978.23/-

(ii) Total amount spent for the Financial Year 1,22,65,907.70

(iii) Excess amount spent for the financial year [(ii)-(i)] 37929.47/-

Surplus arising out of the CSR projects or programmes or activities

(iv)

of the previous financial years, if any

(v) Amount available for set off in succeeding financial years[(iii)-(iv)] 37929.47

189
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

7 Details of CSR amount spent/ unspent for the preceding three financial years:

Amount Amount
Amount
transferred to remaining to be
Preceding Balance Amount in Spent in the Amount transferred
Unspent CSR spent in
Financial Year unspent CSR Financial to any Fund
Account under succeeding Deficiency
Sl. No. Account under Year(in Rs) specified under
section 135 (6) financial years , if any
Sub-section (6) of Schedule VII as per
Section 135 (in Rs.) Section 135(6) if any

Amount Date of
(in Rs.) Transfer

1. 2020-21 NIL NA NA NA NA

2. 2021-22 NA NA NA NA NA

3. 2022-23 NA NA NA NA NA

8. Whether any capital assets have been created or acquired through Corporate Social Responsibility amountspent in the Financial Year: No

190
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

9. Specify the reason(s) if the company has failed to spend two per cent of the average net profit as per section 135(5):NA

For ALF Engineering Private Limited

DIRECTOR AND CHAIRMAN

DIRECTOR

Name:Pierre Julian John Dsouza

Name : Joseph Anthonyneil Dsouza

DIN: 00334924

DIN: 00335017

Add: ALF, 3rd Floor, Gokahle Road South, Near Portuguese Church, Dadar
West,
Add: ALF, 401, 4th Floor, Gokhale Road, South Dadar Mumbai
400028

Bhawani Shanka Mumbai 400028

Date : 11/09/2024

Place : Mumbai

191
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[1]The above disclosure has been given in accordance with Section 158 of Companies Act 2013, and reference of any of the above directors
made in this document be read along with the above disclosure of their respective Director Identification Numbers

Textual information (26): Description of state of companies affair

FINANCIAL STATEMENTS &RESULTS: Financial Results The Company's performance during the year ended 31stMarch, 2024 as compared
to the previous financial year, is summarized below: Particulars For the financial year ended 31st March, 2024 For the
financial year ended 31st March, 2023 Income 16,00,66,41,496.28 13,99,74,12,167.40 Less: Expenses 14,80,93,28,992.60 12,99,07,86,783.34
Profit/ (Loss) before tax 1,19,73,12,503.68 1,00,66,25,384.06 Less: Provision for tax: Current Tax 30,35,00,000.00 25,00,00,000.00 Deferred
Tax (2,32,86,987.00) (82,44,270.83) Income Tax of earlier years w/off Exception Income Exception expenditure Profit after Tax
87,05,25,516.68 74,83,81,113.23 APPROPRIATION Interim Dividend - - Final Dividend - - Tax on distribution of dividend - - Transfer of
General Reserve - - Balance carried to Balance sheet 4,84,89,64,816.44 3,98,36,04,221.42

Textual information (27): Steps taken or impact on conservation of energy [Text block]

Company has been install solar unit generation for saving energy.

Textual information (28): Details regarding technology absorption

The particulars as required under the provisions of Section 134(3)(m) of the Companies Act, 2013 read with Rule 8 of the Companies (Accounts)
Rules, 2014 in respect of conservation of energy, technology absorption, foreign exchange earnings and outgo etc. are furnished in Annexure I
which forms part of this Report.

Textual information (29): Efforts made towards technology absorption [Text block]

PHS (press hardened steel)/ Hot Forming Line has been installed at Khed facility.

Approximately 40-50% weight saving in similar components compared to mild steel.

192
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Reduction in CO2 footprint as lighter vehicles consume significantly less diesel for equal distance of travel.

Very high usage in Electric vehicles for weight saving to increase the mileage as compared to mild steel.

Significantly improved crash properties at 40% less weight.

Textual information (30): Benefits derived regarding technology absorption

PHS (press hardened steel)/ Hot Forming Line has been installed at Khed facility. Approximately 40-50% weight saving in similar components
compared to mild steel. Reduction in CO2 footprint as lighter vehicles consume significantly less diesel for equal distance of travel. Very high
usage in Electric vehicles for weight saving to increase the mileage as compared to mild steel. Significantly improved crash properties at 40%
less weight.

Textual information (31): Details regarding foreign exchange earnings and outgo

PHS (press hardened steel)/ Hot Forming Line has been installed at Khed facility. Approximately 40-50% weight saving in similar components
compared to mild steel. Reduction in CO2 footprint as lighter vehicles consume significantly less diesel for equal distance of travel. Very high
usage in Electric vehicles for weight saving to increase the mileage as compared to mild steel. Significantly improved crash properties at 40%
less weight.

Textual information (32): Disclosures in director’s responsibility statement

In terms of Section 134(5) of the Companies Act, 2013, in relation to the audited financial statements of the Company for the year ended 31st
March, 2024, the Board of Directors hereby confirms that: in the preparation of the annual accounts, the applicable accounting standards had
been followed along with proper explanation relating to material departures; such accounting policies have been selected and applied
consistently and the Directors made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of
affairs of the Company as at 31st March, 2024 and of the profit/loss of the Company for that year; proper and sufficient care was taken for the
maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of the Company and for
preventing and detecting fraud and other irregularities; the annual accounts of the Company have been prepared on a going concern basis;
proper systems have been devised to ensure compliance with the provisions of all applicable laws and that such systems were adequate and
operating effectively;

Textual information (33): Details of material changes and commitment occurred during period affecting financial
position of company

Except as disclosed elsewhere in this report, no material changes and commitments which could affect the Company’s financial position, have
occurred between the end of the financial year of the Company and date of this report.

Textual information (34): Particulars of loans guarantee investment under section 186 [Text Block]

The Company has not made any loans, guarantees and investments covered under section 186 of the Act.

193
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Textual information (35): Particulars of contracts/arrangements with related parties under section 188(1) [Text Block]

All transactions/contracts/arrangements entered into by the Company with related party(ies) as defined under the provisions of Section 2(76)

of the Companies Act, 2013, during the financial year under review were in ordinary course of business and on an arm’s length basis.

Further, none of these contracts / arrangements / transactions with related parties could be considered material in nature as per the thresholds

given in Rule 15(3) of the Companies (Meetings of Board and its Powers) Rules, 2014 and hence no disclosure is required to be given in this

regard.

Textual information (36): Details of statement indicating manner in which formal annual evaluation made by board of
its performance and of its committees and individual directors [Text Block]

All transactions/contracts/arrangements entered into by the Company with related party(ies) as defined under the provisions of Section 2(76)

of the Companies Act, 2013, during the financial year under review were in ordinary course of business and on an arm’s length basis.

Further, none of these contracts / arrangements / transactions with related parties could be considered material in nature as per the thresholds

given in Rule 15(3) of the Companies (Meetings of Board and its Powers) Rules, 2014 and hence no disclosure is required to be given in this

regard.

Textual information (37): Disclosure of extract of annual return as provided under section 92(3) [Text Block]

Pursuant to the provisions of Section 92(3) read with Section 134(3)(a) of Companies Act, 2013, the Annual Return as on 31st March, 2023 is
available on Company’s website on “www.alfengineering.com”

Textual information (38): Disclosure of statement on declaration given by independent directors under section 149(6)
[Text Block]

194
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

NOT

Applicable

Textual information (39): Disclosure for companies covered under section 178(1) on directors appointment and
remuneration including other matters provided under section 178(3) [Text Block]

There

wasnochangein

Di r e c t o r s h i p o f t h e

Company during the year

under review the Company

wa s n o t r e q u i r e d t o

appointanyKey

Managerial

Personnel.

Textual information (40): Disclosure of statement on development and implementation of risk management policy [Text
Block]

The Board of Directors of the Company has designed Risk Management Policy and Guidelines to avoid events, situations or circumstances

which may lead to negative consequences on the Company's businesses, and define a structured approach to manage uncertainty and to make

195
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

use of these in their decision making pertaining to all business divisions and corporate functions.Key business risks and their mitigation are

considered in the annual/strategic business plans and in periodic management reviews.

Textual information (41): Details on policy development and implementation by company on corporate social
responsibility initiatives taken during year [Text Block]

As per the provisions of Section 135 of the Act read with Companies (Corporate Social Responsibility Policy) Rules, 2014, the Board of Directors
has constituted a Corporate Social Responsibility (CSR) Committee as under:

1. Mr. Pierre D’souza, Chairman,

2. Mr. Joseph D’souza

The Board of Directors of the Company has approved CSR Policy based on the recommendation of the CSR Committee.

The CSR Policy of the Company is available on the Company’s web-site and can be accessed in the link provided herein below:

www.alfengineering.com

The CSR Committee met 2 times during the financial year ended 31st March 2024.

The Company has initiated activities in accordance with the said Policy, the details of which have been prescribed in Annexure II.

Textual information (42): Disclosure of financial summary or highlights [Text Block]

• Financial Results

The Company's performance during the year ended 31stMarch, 2024 as compared to the previous financial year, is summarized below:

196
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

For the financial year ended 31st March, For the financial year ended 31st March,
Particulars
2024 2023

Income 16,00,66,41,496.28 13,99,74,12,167.40

Less: Expenses 14,80,93,28,992.60 12,99,07,86,783.34

Profit/ (Loss) before tax 1,19,73,12,503.68 1,00,66,25,384.06

Less: Provision for tax:

Current Tax 30,35,00,000.00 25,00,00,000.00

Deferred Tax (2,32,86,987.00) (82,44,270.83)

Income Tax of earlier years w/off

Exception Income

Exception expenditure

Profit after Tax 87,05,25,516.68 74,83,81,113.23

197
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

APPROPRIATION

Interim Dividend - -

Final Dividend - -

Tax on distribution of dividend - -

Transfer of General Reserve - -

Balance carried to Balance sheet 4,84,89,64,816.44 3,98,36,04,221.42

Textual information (43): Disclosure of change in nature of business [Text Block]

The Company continues to be engaged in the activities pertaining to Engineering Works.

There was no change in nature of the business of the Company, during the year under review.

198
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Textual information (44): Details of directors or key managerial personnels who were appointed or have resigned
during year [Text Block]

There was no change in Directorship of the Company during the year under review the Company was not required to appoint any Key
Managerial Personnel.

Textual information (45): Disclosure of companies which have become or ceased to be its subsidiaries, joint ventures or
associate companies during year [Text Block]

During the year under review, your Company did not have any subsidiary, associate and joint venture company.

Textual information (46): Details relating to deposits covered under chapter v of companies act [Text Block]

The Company has not accepted or renewed any amount falling within the purview of provisions of Section 73 of the Companies Act 2013 (“the
Act”) read with the Companies (Acceptance of Deposit) Rules, 2014 during the year under review. Hence, the requirement for furnishing of
details relating to deposits covered under Chapter V of the Act or the details of deposits which are not in compliance with the Chapter V of the Act
is not applicable.

Textual information (47): Details of deposits which are not in compliance with requirements of chapter v of act [Text
Block]

The Company has not accepted or renewed any amount falling within the purview of provisions of Section 73 of the Companies Act 2013 (“the
Act”) read with the Companies (Acceptance of Deposit) Rules, 2014 during the year under review. Hence, the requirement for furnishing of
details relating to deposits covered under Chapter V of the Act or the details of deposits which are not in compliance with the Chapter V of the Act
is not applicable.

199
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

Textual information (48): Details of significant and material orders passed by regulators or courts or tribunals
impacting going concern status and company’s operations in future [Text Block]

No orders have been passed by any Regulator or Court or Tribunal which can have impact on the going concern status and the Company’s
operations in future.

Textual information (49): Details regarding adequacy of internal financial controls with reference to financial
statements [Text Block]

The Internal Financial Controls with reference to financial statements as designed and implemented by the Company are adequate. During the
year under review, no material or serious observation has been received from the Statutory Auditors of the Company for inefficiency or
inadequacy of such controls.

Textual information (50): Disclosure of appointment and remuneration of director or managerial personnel if any, in
the financial year [Text Block]

There

wasnochangein

Di r e c t o r s h i p o f t h e

Company during the year

under review the Company

wa s n o t r e q u i r e d t o

200
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

appointanyKey

Managerial

Personnel.

201
ALF ENGINEERING PRIVATE LIMITED Standalone Financial Statements for period 01/04/2023 to 31/03/2024 (generated by PrivateCircle)

[700700] Disclosures - Secretarial audit report

Unless otherwise specified, all monetary values are in Lakhs of INR

Period FY 2024
Whether secretarial audit report is applicable on company No

202