Private

a) Share Capita I
58,602,61,0
b) Reserves and Surplus
4,L),3,74a
30,218,202 34,488,862
2) Non - Current Liabilities
a) Long,term borrowings
7,844,924 2,:O42,424

) Current Liabilities
a) Short-term borrowings
38,503,000 34,333,439
b)Trade Payables
1,189,441 387,427
c) Other Current Ljabilities
4,546,657 3,338,994
d) Short-term Provisions

1) Non-current Assets
a) Fixed Assets
i)Tangible Assets
6,429,141 7 ,045,7 48
ii) intangible Assets 53,769,O44 50,686,601

b) Deposits
1,096,000 1,095,000
c) Loans and Advances
108,531 108,531
d) Deferred tax Asset
354,318 222,221"
e) Non Current lnvestments
3,74L,784 3,253,722

64,299,4I8 62,412,823
) Current Assets
a)lrade Receivables 6,151,300 5,233,21,9
b)Stock in Trade
3,r97 ,831 4,520,784
c)Cash and Bank balances
1,662,303 1,r23,447
d) short term ioans and advances
1,805,464

,-2356,744

For A.V.RATNAM & CO

Charlered Accounlants For and On behalf ot the Board
Efresh Atrj Susiness Solutiosn prlvate Limited

G K Bahu
Chartered Accountant SrlhariKotela
@)o-
Devend16natha Reddy
M. No.213273 Director Di.ector
Place:Hyderabad D|Nr01319957 DIN: 08354s13
Date : (f .j9.2022
A.V f,ATNAM & CO,
CHARTERED ACCOUlTANTS
I18O/2RI, R.R SADAN,
Viiavana oar Col0nv. H yDE RA BA n.f7
 eFresh Agribusiness solutions private limitil
Statement of Profit and loss for the vear ended 31st March, 2022
L€?a,"A &

ll. Other lncome

lll. Total Revenue {l+ }

fxpense5
Purcha!es
66,447,083 54,294,060
Change in Inventory
7,322,953 (482,325
Employ€e Benefit Expenses
3,469,675 1,624,336
F;nance Costs
535,852 493,435
Deprecjation and Amorti?ation Expenses
1,632,845 1,248,204
Other Expenses
7,657,384 6,063,210

Profit before exceptional, extrodinary items and tax (llFlV)

Prior period items written offexcess provision (lnaonle)
Profit before tax {V-Vt}
Tax expensec
Current tax
Deferred tar
Profit/lJoss) for the per;od (Vlt,VlltJ
X. Earnings per equity share
(1)basic
{2)Diluted

UDIN:
FoTA.V,RATNAM & CO
Forand On behalf of the Board
Chadered Aacountants.
Atri 8!siness Sotur;osn priv:te Limited
Elresh
FRN.C03028S

G K Babu
Chartered Acco!ntant
SrihariKo:eia o""u^f;Pnul*t
Director Director
M. No.213273
DIN:31319957 DIN:08354513
place iHyderabad

. oare .0409 2c22

A V. RAtNAM & CO,

CHARTERED ACCOUNTANTS
{ 1|lIzRT, R.R. SADAN.
vrlayanagar Colony Hy0ERAgAD.f
Z,
 eFresh Agribusiness Solutions private [imited
Notes to the linan.ials for the year ended 31s t March,2A2Z ( Sr", na */ctt" )
1SHAR"APITAL

to. the year ended 31.01,2022 For th€ year ended 31.03.2021.

Ja) l'thorired share Caoita,

sr.,es of -R.. 10/
i
1 00.00.C0J0 FqL,rv
| eoc.r 100,030,000 r.00,000,000
I l'c!rousrod. l CO00,OOOLoL,r\ s-;,e,ofR( tO/ .drtJ

bl lssued, Sub5cribed & Futlv paid up

58,60,261 Equity Sharet of Rs. 10/- each 1ut1y p.id,up

s8,602,610 s8,602,610
(Previous year 58,60,261 Equi(y Shares ot Rs. 10/- each
lssued DuringThe Year
isslred Durlng The year
Dr Ranbab{r lvlyrem Share Appticatjon

Total 58,602,610 58,602,610

c) R€conclliation of rhe number of shares outstandinq

Equjty Shar€s
Number
Shares outstand'ng at the begjnning ot the y€ar 5,85C,261 s8,602,510 5,860,251 58,602,510
Shares iss!ed dulng the year
Shrres bought back durinS the year

Shares outstanding at the year end 5,860,26r 58_602.610 5,860,261 58,602,610

d) Terms/rights attached to equity 5hares

The cornpany his only one class of equity sha.er having a par value oi Rs. iO per share.
E6ch holder of equity shares is entitled to one

e) Sha,es in the company hetd by each sh.]rehotder holding more tha n 5 per(ent ihares.
Name olthe Iquhy Share Holdel
lshiresheld I c" ol s4c.c hotd;np I rhe,.iherd lq,^.r.r"...r^r
Srih,riKotela 1,718,844 29.33 i,7"18,844 29.33
A. Srinivasa Reddy
224,45A 3.83 22445C 3.83
Kotela Venkata Lakshmi 2s7,500 4.39 2s7s0c 4.39
xotte Madhusudhana Rao 192,5C0 3.28 192S0( 3.28
Krovi Suryanarayana Murthy 2a9,967 4.95 2a9,961 495
100.000 1.1L 100,000 1,71
D Vrjaya lakshni 48C,CC' 8.1q 480,000 8.19

llWhether5hare5AlIoted'uIlypaidupbYwaYoflonusst'a'es1a,'inffi
\oLqJtVSla'eiarpdlotedJ\iLlvpdduobo.Lr\idiFscv,r,.,7al(,.rfl-p"mountgavd,roe.o.rssLeorbon'lssndres

R a--
 in the statement of Proiir and Loss
Balance as per Last fiaancjal stllements
Add I Net Profit/{Loss)for the Current yt:nr

Closir'tg balance

Non - C{rrrent Liabiliti€s

Terrn loans trom ganks

a. Un;on Eank ot tndia A/C 110530100042368 592,500 790.000
(20% of OCC outstanding amount converted in to termloafl
as
part of Covid-1.9 faciliry for MSME)
b. Sammunathi piloa project Chjttamur
7,252,424 1,252,424

1. Loans trom Eanks

Bank OCC Credit- Union Bank 110513100000140

2. Loans and Advanaes trom Related parlies

Shrihari Kotela 15,058,000 11,508,000
AQA lndia Pvt ltd
1,640,000 1,290,000
K Venkata'axmi
443C,000 3,730,000
ReddivariSidhartha 250,000 2sc,000
SLrrya Chandra Rao 1,500,000 1,500,000
KroviS lvl urthy 725,000 725,000
Dr Vijayalaxmi
800,000 500,000
Sri Kriehna Naik
500,000 500,000
Srinath Kotela 3,500,000 3.200,000
Devend.anath Reddy 3,150,000 3,150,000
Mynant Ram Manhar Babu 2,s00,000 2,s00,000
lanardhan Rao i,100,000 6oo,0oo
Madhusudhan Rao
500,000 500,000
IG (ANNAN 150,000 150,000
Ganapathi Rao (rovi
500,000 500,000
Mynam Vijaya Lakshmi
600,000 600,000
P.V Abhishek
400,000
P.V Rao
500,000
Srikala kotela
700,000

TRADE PAYABLES

Creditors for P!rchase5

i?]DL
 16. oTHER cURRENT LtAstUTtEs

I
I E fresh Health! Food Happ/ Life pvt Ltd
186,673 2L6,673
I Provision fo. OutstandinS Expense,

II satanes
Rent-Ho
583.251 463,511
454,606 82,696
I EI".,,;.i,, ch.,*",
I fDC', assocrate Con5ultants 85,639 301,770
I roc's Rent 263,2A0 207,800
I Ware hors". n"nr
9,000
I Tours and Travell Erp
110,544 14,379
I Head Offrce -Maintanance
58,500 19,400
I Orher Liabiliries
I D. vendeopat Advance
500,000 500,000
eacs-roa;mrtar
I 100,000 100,000
I PAcs-po'uma a
I rDs payable
L74,771 239,246
I csT payabte 433,710 5,796
I vo nemun.."rinn 1,145,513 713,513
I cleva Software pvt. Lrd. 416,250 476,250
I Kent sales income tax dep
I 19 Architects lnterrors
49,000 49,000
I professional charges

4,506,6s7 3,338,994
I

lr. rro*r rr*r o*ou,r,o*s

I

I oro', ,u" 124,380 124,380

Provis,on tor deldy filing;n FC 6PR form
I TDS lnterest and Late fee
!26,477 208,000
I 143.L41 177,8L1
I
Tota' 393,938 510,191

8. FIXED ASSETS
TanBible
fixed Assets, Head Office
6,097 ,407 6,695,B60
Fixed Assets - FDCs
332,334 349,888

6,A29,74L 7,045.7 48

lntantible
Brand developme.t, tntangible
2,537,417 3,097 ,528
ilO Asset - Trademarks & Copyrights
210,500 210,500
FiJ(ed Assets-irltangable -Efresh portal pvt Ltd
23,r19,405 23,119,405
HO Asset, i vestment in FDC a.d FDC Scale up Exp
25,634,287 23,010,578
ln Tangible Assets- Ekarts portal d€velopment
1,248,590 1,248,590
Emerchaot baric
424,846

53,159,044 50,686,601

----- ICOL
 t-
ls. Lor'rc rtnv loelis AND ADVANcEs

I sn.,,r,y o"oo, t 1,096,000 1,096,000

I F;xed Deoosrt

I
Total 1,096,000 1,096,000
I

lro. srrorr t"rrn toun, and Advance

I
I Loan5 and Advan.p 108,531 108,531
I
Deferred Tax Asset
111,
Nel Defe, red Ta\ Asset to be Recogoised during rhe year
I 'J.32,097
23,689
I Deferred tdx As.)et at the beginning of the year
222,227 198,532

I o"fferea rar lrset at the end ol the year

354,318 222,227
I
lrz. roru cunnrrur rruvEsTMENTs

| ! fre)h Fa,mers Developmenr Center pvr _Td 1,21a,218 1,278,278

I E fresh Health Food Happy Life pvr.to
1,035,000 1,035,000
I lnvestments in FDC's
I Pangidrgudem
17,540 20,000
I tink.tor" 14,000 16,000
Amr!thuluru
747,652 161,888
JaBithyla
r09,141 724,732
Mantahni
53,569 61,222
Proumalla
67,472 77,t7r
Telkapally
46,965 53,675
Uppunuthala
310,252 354,57 4
Kodimal
23,414 26,302
7S3,566 | 89s,504

Quick S.acks P.ivaie Limited

45.000 45.000
3,]'7,7A4 | 3,253.722
I

-.-'---
z_:{a_*
 TRADI REC€tVABLIS

Unsecured, Consldered good

tor less than six Months
2,A42,811 1,291,158
For More tilan 5ix MonthS - others
2,580,680 3,005,r.59
Quick Snocks Pvt Ltd ( elresh AgtiTech)
Trade R€ceivables more than Six Months

5uppliers Debit galancet

14,INVTNTORY

Closing Stock

15, CA5H iND BANK BAI.A,NCES

Cash and cash Equivalents

Cash in Hand
689,606 s96,r.s0
Balances with banks
Axis Bank A/c- 912020032075069
29,370 29,370
HDFC Bank A/c" Gujarat
12.000 12,000
HDFC Grntur, 50200005145420 10,549 549
HDFC HO - 06422320002286
179,800 23,001
Ceni.al Bank Of lndia
48,161
tctct Ho - 020205003985
35,344 35,344
lClCl Jagityal, 280805000912 35,810 35,810
ICIC| Karimnagar - 1307 O5OO72.1Z
10,000 10,000
KDCC Jagityat - 201120010019098
3,375 3,375
KDCC (arimnagar - 200120010010050
2,971
XDCC Karimnagar - 200120010010049
75,27 0 15,270
KDCC Xodamat - 2031201OOOOOOOl.
90,046 90,046
KDCC poru.nalta, 203520100000001
31,296 31.,296
Uppunuthala A/c - 8509158
20,262 20,262
HDrC-50200045117616
92,848 !69,44!
Ubi Khana Alc 1918
5s,352
Union Sank Of tndia od A/c 11051J100000140

16. SHORT IERM LOANs AND ADVANCES

Loans and Advances Others

194,690 194,590
Rent Deposit Chithamur
70,000 70,000
lagtial Rent Advance
228,000 228,000
GST Input
1,087,496
Rent .eceivables eoick Snack pvt ltd
150,000 1sq000
Other Current Assets
7 5,278
Tds Receivable

Total

-€
poo-
 For Year ended For the Year €nded
Pa.ticulars
3r.03.2022 31.03.2021

17. REVENUE FROM OPERATIONS

GST Sales 46,964,493 30,131,634
Seed Sales 2r,844,259 26,064,779
Other exempted sales 1,253,888 430,155

Total 70,702,640 56,626,558

18. OIHER INCOME

!in6ncial Accounting and Business Management 4,000,000
Service Charges
9,424
Conrmisston income 43,548 42,035
llisc lncome 173,284 803
lnterest on Fixed Deposit 4,357
Discount Received 34,158
Sanrunati exp Reimbursement 2,?77,7 88
Miscellaneous Other lncome 1"r9,7 7 6
6,554,396 97,377

19. PURCHSES
Purchase! 66,44J ,A83 54,294,060
Totai 66,M7,083 54,?94,060
20. CHANGES IN INVENTORY

Opening Stock 5,7 53,499 5,536,944

Less :Stock written off 1,232,715 265,770
Closing Stock 3,197,831 5.753.499
Total 1.,322,953 (482,325],

21, EMPTOYEE SENEFITS EXPENSES

Salaries, Wages and Bo.Ius 604,715 723,7 65

Remuneralion to Directors 480,000 480,000
Area Managers Salaries 2,314,s}A 416,919
Staff Welfare 10,460 3,652
Total 3,469,67 5 7,624,115

22. FINANCE COST

lnterest Paid to Union Bank 481,318 432,632

Bank Charges 54,534 60,803

Total s35,852 493,435

R)oo--
 23.OTHER EXPENSES
Adv€rtisement Expenses
1'10,769
Electricity Charges 71,508 88,350
Postage charges
7,r41
GsT Registration Charges
2,000
Godady Exp 3?,532
IGST Pard{late Fees) 4,099 17,2^88
llnlerest and late fees on TDs 11,803
Ilncer,t;u". 69,37 5 57,75O
lL cense E*p"nses 764,042
lrcGcn cnurg", 70,800
l5anrmunathi e lot Project Expense 155,631 184,879
loffrce Maintenance 624,549 774,314
lnoc chu,"u, 9,800
t- 20,400
nE and Srdt onery
lPrint 41,287
lRates and T;res 15,000
ls"nt 839,965 457,725
I
s r(en!
ruL 306,066 454,000
Associate Consultant charges 1,626,819
IFDC'5 14,420
lnterenet Charges
lTelephone an 86,121 91,818
sportatron Charges 592,967
lTraf 435,681
lTraveilinB E^penses 377,704 259,884
-5tipend 20,000
llnternship
lnsurance Charge5 38,679
Audrr Fees 50,000 50,000
lnternal Audit Expences 25,000
Discount Allowed
27,967
0ocuinentation Charges
4,000
Web Charges iServer Design and Email) 65,4r9 86,24r
Vehicle lnsurance and Maintenance 12,552 3r,287
Olher Misc Expense5 16,283 38,332
Professional Charges 111,400 52,000
work shop Expenses 23,724
Accounting Service charges 18,000
Warehouse Renl 477,900 522,424
Compirter Maintenanc 14,112
Business Promotion Exp 815,916
Renewal charges 29,1-60
zoho service charges
2r,240
Stock Written off
7,r32,77\
Sundry debtors written off 820,872 528,s83
Other Exp [r/oif 784,023
Packing, Loading and Unioding Charges
8,091 89,012
Recruitment expenses
16,000
Vehicle Maintainance
93,300
Provision for TDS interest and Late Fee
717,87)-
!xpeses writlen off to Sammunathi pilot project
.23,716]l
Prcvision for De'ay Filing in FC,Gpr forms
208,000
Petty cash exp
040 306,667

Total 7,65!,3a4 6,063,210

24. Depreciation & Arnortizatioo Expenses
l.Depreciation
1,524,90] 1,136,266
2-Arno,lization Ixpenses
111,938 111,938
Total r.632,845 7.248,2A4

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 eFresh Agribusiness Solutions private Limited

of Oeferred Tax For the Year ended 31.03.2022

Particulars AY 2022-23
P&L oach

Deferred Tax Liability/(Asset)

Depreciation
Depreciation as per companies act 1,520,9A7
Depreciation as per lncome Tax Act 1,867,540
Timing Difference -DTA

Cu rrent lncome Tax Rate

26.00

Current Year Deferred Tax Liability (90,124)

0pening Deferred Tax Asset 222,221

Oeferred Tax Asset as on 31st ma rch , 2022 !32,097

 Efresh Afribusiness Solurions private Limited

. . Cash Flow Statement for the yea r ended 31-03-2022 ( tFzrrJ 4.'*?)
Particulars t!-A3-zOzZ
Cash Flows from Operating Activities
Net Profit for the year 14.40) 1\1\
Adjustments for:
Depreciation j_,632,945
Finance Cost 535,952
Provision for lncome tax - 2,J.69,697
Operating Profit before working capital changes \2,234,059}

Decrease/(lncrease) in Sundry Debtors (918,081)

Decrease/{lncrease) in lnventory 1-,322,953
advance: 460,153
Decrease/{lncrease } other Short term loans and
Creditors
{Decrease),/lncrease in Sundry 808,014
{Decrease)/lncrease in Short termborrowings 3,633,709
iDecrease)/lncrease in Provisions {116,253)
(D ecrea se)/lncrease in Other Current Liabilities I,f67,663 6,358,158
Net Cash generated from Operating activities 4,124,0gg

Cash flows from lnvesting Activities

De posits
Loans and Advances
Non Current Investments
lnvestments in Fixed Assets \3,397,344)
Net cash from lnvetment Activities rc
Cash Flows from Financing Activities
lncreas efiDecre asei in Share capital
lncrea se/(Decrease ) in Long Term Funds (197,500)
Net Cash Used in Financing Activities (197,500)

Net increase/(Decrease) in cash and cash equivalents 539,255

Add: Net Cash & Cash Equivalents at th€ beginging of the period 1,L23,047
Cash and Cash Equivalents at the end of the period 1,66rJ0,

---< flx>u-