a) Change in accounting policies
 
 Presentation and disclosure of financial statements
 
 During the year ended 31st March, 2012 the revised schedule Vi notified
 under the Companies Act, 1956, has become applicable to the Company,
 for preparation and presentation of its financial statements. The
 Company has reclassified the previous year''s figures in accordance with
 the requirements applicable in the current year.
 
 b) Use of estimates
 
 The preparation of financial statements in conformity with indian GAAP
 requires the management to make judgments, estimates and assumptions
 that affect the reported amount of revenues, expenses, assets and
 liabilities and the disclosure of contingent liabilities, at the end of
 the reporting period. Although these estimates are based on the
 management''s best knowledge of current events and actions,
 uncertainties about these assumptions and estimates could result in the
 outcomes requiring a material adjustment to the carrying amounts of
 assets or liabilities in future period.
 
 c) Tangible Fixed Assets
 
 Fixed Assets are stated at cost of acquisition (net of recoverable
 taxes and Government grants wherever availed) or construction or other
 amounts substituted for historical costs on revaluation less
 accumulated depreciation. Expenses capitalized also include applicable
 borrowing cost.
 
 d) Depreciation on tangible fixed assets
 
 a.  Depreciation on fixed assets is provided on the straight Line
 Method at the rates and in the manner prescribed under schedule XiV to
 the Companies Act, 1956.
 
 b.  All individual items of fixed assets, where the actual cost does
 not exceed Rs. 5,000 each have been written off entirely in the year of
 acquisition.
 
 e) Intangible assets
 
 intangible assets are stated at cost of acqusition (net of recoverable
 taxes) less accumulated amortization/depletion. All costs, including
 finance cost till commencement of commercial production, net charges on
 foreign exchange contracts and adjustments arising from exchange rate
 variations attributable to the intangible assets are capitalized.
 intangible assets are amortized on a straight line basis over the
 estimated useful economic life.  All intangible assets are assessed for
 impairment whenever there is an indication that the intangible asset
 may be impaired.
 
 f) Borrowing cost
 
 Borrowing costs include interest, amortization of ancillary costs
 incurred in connection with the arrangement of borrowings and exchange
 differences arising from foreign currency borrowings to the extent they
 are regarded as an adjustment to the interest cost. Borrowing costs
 directly attributable to the acquisition, construction or production of
 an asset that necessary takes a substantial period of time to get ready
 for its intended use or sale are capitalized as part of the cost of the
 respective asset. All other borrowing costs are expensed in the period
 they occur.
 
 g) Impairment of assets
 
 An asset is treated as impaired when carrying cost of asset exceed its
 recoverable value. An impairment loss 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 period is
 reversed if there has been change in estimate of recoverable amount.
 
 h) Investments
 
 Long-term investments are stated at cost, less any provision for
 permanent diminution in value.  Current investments are stated at lower
 of cost and fair value.
 
 i) Inventories
 
 1.  Raw Material, stores and spares are valued at cost on Weighted
 Average.
 
 2.  Work-in-Progress is Valued at Cost representing materials, Labour
 and apportioned overheads.
 
 3.  scrap is Valued at Net Realizable Value.
 
 Net realizable value is the estimated selling price in the ordinary
 course of business, less estimated cost of completion and estimated
 costs necessary to make the sale.
 
 j) Revenue recognition
 
 Revenue is recognized to the extent it is probable that the economic
 benefits will flow to the Company and the revenue can be reliably
 measured. The following specific criteria must also be met before
 revenue is recognized:
 
 Sale of goods
 
 Revenue from sale of goods is recognized when all the significant risks
 and rewards of ownership of the goods have been passed to the buyer,
 usually on the dispatch of goods.
 
 Interest Income
 
 interest income is recognized on a time proportion basis taking into
 account the amount outstanding and the applicable interest rate.
 interest income is included under the head other income in the
 statement of Profit and Loss.
 
 Dividend income
 
 Dividend income is recognized when the Company''s right to receive
 dividend is estimated by the reporting date.
 
 k) Employee benefits
 
 (i) short-term employee benefits are recognized as an expense in the
 statement of Profit and Loss for the year in which the related service
 is rendered.
 
 (ii) Post employment and other long-term employee benefits are
 recognized as an expense in the statement of Profit and Loss for the
 year in which the employee has rendered services. The expense is
 recognized at the present value of amount payable determined using
 actuarial valuation techniques.  Actuarial gains and losses in respect
 of post employment and other long-term benefits are charged to the
 statement of Profit and Loss.
 
 l) Foreign currency transactions
 
 Transactions in foreign currencies are recorded at the exchange rates
 prevailing on the date of the transaction. Foreign currency monetary
 assets & liabilities are restated at year end exchange rates.  Exchange
 differences arising on the settlement of foreign currency monetary
 items or on reporting Company''s foreign currency monetary items at
 rates different from those at which they were initially recorded during
 the year or reported in the previous financial statements, are
 recognized as income or expense in the year in which they arise.
 
 m) Retirement and other employee benefits
 
 The Company has booked gratuity and leave encashment as per actuarial
 valuation as on 31st March, 2012 as per As 15(Revised).
 
 n) Income tax
 
 Provision for tax for the year comprises current income tax determined
 to be payable in respect of taxable income and deferred tax, being the
 tax effect of timing difference, representing the difference between
 taxable income and accounting income that originates in one period and
 are capable of reversal in one or more subsequent period(s). The rates
 and tax laws used to compute the amount are those that are enacted or
 substantively enacted, at the reporting date.
 
 Deferred tax liabilities are recognized for all taxable timing
 differences. Deferred tax assets are recognized for deductible timing
 difference only to the extent that there is reasonable certainty that
 sufficient future taxable income will be available against which such
 deferred tax assets can be realized.
 
 o) Earning per share
 
 Basic earnings per share are calculated by dividing the net profit or
 loss for the period attributable to equity shareholders by weighted
 average number of equity shares outstanding during the period.
 
 For the purpose of calculating diluted earnings per share, the net
 profit or loss for the period attributable to equity shareholders and
 weighted average number of shares outstanding during the period are
 adjusted for the effects of all dilutive potential equity shares.
 
 p) Provision, Contingent Assets and Contingent liabilities
 
 Provisions involving substantial degree of estimation in measurement
 are recognized when there is a present obligation as a result of past
 events and it is probable that there will be outflow of resources.
 Contingent liabilities are not recognized but disclosed in notes to
 accounts. Contingent assets are neither recognized nor disclosed in the
 financial statements.
 
 q) Cash and cash equivalents
 
 Cash and cash equivalent for the purpose of cash flow statement
 comprise cash at bank and in hand.
 
 r) Measurement of EBITDA
 
 As permitted by the Guidance Note on the Revised schedule Vi to the
 companies Act, 1956, the Company has elected to present earning before
 interest, tax, depreciation and amortization (EBiTDA) as a separate
 line item on the face of the statement of Profit and Loss. The Company
 measures EBiTDA on the basis of profit/(loss) from continuing
 operations. in its measurement the Company does not include
 depreciation and amortization expense, finance cost and tax expenses.