The company is engaged in the business of manufacturing and selling of Colour coated roof sheets, FRP roof sheets, Polycarbonate sheets, Turbo Ventilators and other miscellaneous Roofing Accessories.

2. Segment Reporting :

The operations of the company are limited to one segment, namely, "Trading and Manufacturers, supplier, metal roofing, polycarbonate roofing, roofing sheets, etc.

3. Micro, Small and Medium Enterprise :

The Company is in the process of identifying the supplier, if any, covered under the Micro and Small enterprise as defined under Micro, Small and Medium Enterprise Development Act, 2006. Due to non-availability of data, the details required have not been furnished.

4. Employee Benefits :

i) Defined contribution plans

The Company has recognized an amount of Rs. 1,10,465/- (P.Y 1,69,123/-) as expenses under the defined contribution plan in the Statement of Profit and Loss for the year ended 31st March, 2015.

(ii) Defined benefit plan

The Company recognizes the liability towards the gratuity at each balance sheet date.The Company makes annual contributions to the Employees' Group Gratuity of the LIC, a funded defined benefit plan for employees of the Company. The scheme provides for payment to vested employees as under:

a) On Normal retirement/ early retirement/ withdrawal/resignation:

As per the provisions of Payment of Gratuity Act, 1972 with vesting period of 5 years of service.

b) On death in service:

As per the provisions of Payment of Gratuity Act, 1972 without any vesting period.

The most recent actuarial valuation of plan assets and the present value of the defined benefit obligation for gratuity and leave encashment were carried out at 31st March, 2015 by an LIC.

The present value of the defined benefit obligations and the related current service cost and past service cost, were measured using the Projected Unit Credit Method, which recognizes each period of service as giving rise to additional unit of benefit entitlement and measures each unit separately to build up the final obligation.

The following table sets out the status of the gratuity plan and the amounts recognized in the Company's financial statements as at 31st March, 2015.

5. Related Party Disclosures:

Disclosures as required by Accounting Standard - 18 are given below:

     Name of Related Parties         Nature of Relationship
 
1.   Mr. Kaushalkumar S. Gupta       Director / Key Management
                                     Personnel

2.   Mrs. Sangeeta K. Gupta          Director / Key Management 
                                     Personnel

3.   Mr. Satishkumar S. Gupta        Director / Key Management 
                                     Personnel

4.   Mr. Satishkumar K. Agrawal      Relatives of Director / 
                                     Key Management Personnel

5    Bansal Roofing Products         Entities significantly influence 
                                     by Directors/ Key Management

                                     Personnel or end relatives of 
                                     Director / Key Management

6.  Agrawal Associates               personnel

7   Bhavita Engineering.             Relatives of Director / 
                                     Key Management Personnel

6. The value of realization of Current Assets other than Fixed Assets and Non-current investments in the ordinary course of business will not be less than the value at which they are stated in the Balance Sheet.

7. The balances of Trade Receivable and Trade Payable are subject to confirmation, reconciliation and consequential adjustments, if any.

8. The company has provided net deferred tax liability in the books of accounts according to the Accounting Standard issued by the ICAI

9. Previous year figures are regrouped, reclassified and rearranged wherever necessary.