17. Contingent Liabilities:
No provision is made for liabilities which are contingent in nature but, if material, the same are disclosed by way of notes
to the accounts.
18. Earning Per Shares:
In accordance with Accounting Standard-20 "Earning per Share” issued by the Institute of Chartered Accountants of
India, Basic earning per shares is computed by using weighted average number of shares outstanding during the year.
19. Foreign Exchange Earnings:
Foreign exchange earnings during the year amount to ' 20,99,39,003/- from export Sale during the year, however
Advance receipt of ' 99,84,107/- against future Exports.
Purchase/Expenditure in foreign currency during the year amount to ' 5,31,62,903/-
20. Previous year figures are re-grouped and re-classified wherever necessary Figures in the bracket indicates figures for
the Previous Year.
21. In the absence of confirmations, the entries recorded in the books of accounts have been relied upon, and therefore,
such balances are as per the books of accounts of the Company.
22. In the opinion of the board, unless otherwise stated in the Balance Sheet and schedules attached thereto, the current
assets and loans and advances as stated in the balance sheet are approximately of the value realisable in the ordinary
course of business and provisions for all known liabilities for the period have been made in the books of accounts of the
Company.
23. The Company is small and medium sized company (SMC) as defined in the General Instruction in respect of Accounting
Standards notified under the Act, Accordingly, the Company has complied with the Accounting Standards as applicable
to a Small and Medium Sized Company.
24. According Polices not specifically referred to are consistent with generally accepted Accounting Practices
As per our report of even date For & On Behalf of the Board
For J N GUPTA & CO. LLP BEW ENGINEERING LIMITED
Chartered Accountants
ICAI F.R.No. 006569C/W100892
CA Radheyshyam Agarwal Prakash Lade Rohan Lade
Partner Chairman Managing Director
M.No.: 603496 DIN : 02122493 DIN : 00460811
Date:- 03-05-2023 Date:- 03-05-2023 Date:- 03-05-2023
Place:- Mumbai Place:- Mumbai Place:- Mumbai
UDIN:
Yogesh K. Darekar Prasad Khopkar
Chief Financial Officer Company Secretary
Date:- 03-05-2023 Date:-03-05-2023
Place:- Mumbai Place:- Mumbai
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