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J Kumar Infraprojects Ltd.

BSE: 532940 | NSE: JKIL |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE576I01022 | SECTOR: Construction & Contracting - Civil

BSE Live

Sep 24, 16:00
187.10 -2.45 (-1.29%)
Volume
AVERAGE VOLUME
5-Day
18,253
10-Day
17,406
30-Day
21,629
10,749
  • Prev. Close

    189.55

  • Open Price

    191.90

  • Bid Price (Qty.)

    187.10 (99)

  • Offer Price (Qty.)

    187.10 (1)

NSE Live

Sep 24, 15:56
187.00 -2.75 (-1.45%)
Volume
AVERAGE VOLUME
5-Day
179,661
10-Day
207,222
30-Day
260,149
195,849
  • Prev. Close

    189.75

  • Open Price

    191.60

  • Bid Price (Qty.)

    187.00 (92)

  • Offer Price (Qty.)

    0.00 (0)

Annual Report

For Year :
2018 2017 2016 2015 2014 2013 2012 2011 2010

Auditor's Report

1. We have audited the attached Balance Sheet of J. KUMAR INFRAPROJECTS LIMITED as at 31st March 2008 and also Profit and Loss Account for the year ended on that date. These financial statements are the responsibility of the Companys management. Our responsibility is to express an opinion on these financial statements based on our audit. 2. We conducted our audit in accordance with auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining. on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. 3. As required by the Companies (Auditors Report) Order, 2003 issued by the Central Government in terms of Section 227 (4A) of the Companies Act, 1956, we annex a statement on the matters specified in paragraphs 4 and 5 of the said Order. 4. Further to our comments in the Annexure referred to Paragraph 3 above, we report that: a) We have obtained all the information and explanations, which to the best of our knowledge and belief were necessary for the purpose of our audit. b) In our opinion, proper books of accounts as required by law have been kept by the Company so far as appears from our examination of those books. c) The Balance Sheet dealt with by this report are in agreement with the books of account and Profit and Loss Account. d) In our opinion, the Balance Sheet and Profit and Loss Account dealt with by this report comply with the accounting standards referred to in sub-section 3(C) of Sec. 211 of the Companies Act, 1956. e) On the Basis of written representations received from the directors, as on 3 lst March 2008, and taken on record by the Board of Directors, we report that none of the directors is disqualified as on 31st March 2008 from being appointed as a director in terms of section 274(1) (g) of the Companies Act, 1956; f) In our opinion and to the best of our information and according to the explanations given to us, the accounts read together with other notes thereon give the information required by the Companies Act, 1956 in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India: 1. In the case of the Balance Sheet, of the state of affairs of the Company as at 31st March 2008. 2. In the case of Profit and Loss Account, of the Profit for the Company for the year ended on that date. 3. In the case of Cash Flow Statement, of the Cash Flows for the Company for the year ended 31st March 2008. Annexure referred to in paragraph 3 of the Auditors report to the members of J. KUMAR INFRAPROJECTS LIMITED on the accounts for the year ended 31st March, 2008. 1. FIXED ASSETS: (a) The Company has maintained proper records showing full particulars, including quantitative details and the situation of its fixed assets; (b) The fixed assets have been physically verified by the management during the year. In our opinion, the frequency of verification of the fixed assets by the management is reasonable having regard to the size of the company and the nature of its assets. No discrepancies were noticed on such verification; (c) No substantial part of fixed assets has been disposed off during the year; 2. INVENTORIES: (a) The inventory have been physically verified by the management at reasonable intervals; (b) In our opinion and according to the information and explanations given to us, the procedures for physical verification of inventory followed by the management were reasonable and adequate in relation to the size of the Company and the nature of its business (c) In our opinion the Company has maintained proper records of inventory. No material discrepancies between the physical stocks and the book records were found. 3. LOANS AND ADVANCES: (a) The company has granted unsecured loans to firm and other parties covered in the register maintained under section 301 of the companies Act, 1956 amounted to Rs.40,91,806 as on 31st March 2008. (b) The company has not taken unsecured loan from parties as listed in register maintained under section 301 of the interest of the company. (c) In our opinion, the terms on which the said loan has been taken are not prima fascia prejudicial to the interest of the company. (d) The company has not repaid any amount during the year. (e) As per the information and explanations give to us, the amount is not overdue. 4. TRANSACTIONS WITH PARTIES UNDER SECTION 301 OF THE COMPANIES ACT 1956. Based on the audit procedure applied by us and according to the information and explanations provided by the management, we are of the opinion that the transactions that need to be entered into the register maintained under Section 301 have been properly entered in the said register; 5. FIXED DEPOSITS: The Company has not accepted any deposits within purview of sec.58Aof the Companies Act, 1956. 6. INTERNAL AUDIT The Company has a system of internal audit which, in our opinion is commensurate with its size and nature of its business. 7. COST RECORDS: Maintenance of cost records has not been prescribed by the Central Government under clause (d) of sub-section (1) of section 209 of the Companies Act 1956. 8. STATUTORY DUES: According to the records, information and explanation provided to us, the Company Generally regular in depositing with appropriate authorities undisputed amount of Income tax, sales-tax, excise duty and other statutory dues applicable to it and no undisputed amounts payable were outstanding as 31st March 2008 for a period of more than six months from the date they became payable. 9. NET WORTH/CASH LOSSES: The Company does not have accumulated losses as at the end of the financial year and has not incurred cash losses in the current financial year and in the immediately preceding financial year. 10. REPAYMENT OF DUES: The Company has not defaulted in repayment of any dues to financial institutions or banks or debenture holders. 11. ADVANCES AGAINST SHARES: In our opinion , the Company has not granted any loans and advances on the basis of security by way of pledge of shares, debentures and other securities. 12. CHIT FUND/ NIDHI FUND The Company is not chit/nidhi/ mutul benefit fund/society and hence clause 4(xiii) of the order is not applicable. 13. TRADING IN SHARES, SECURITIES, DEBENTURES & OTHER INVESTMENTS The Company is not dealing or trading in shares, securities, debentures and other investments. 14. GUARANTEES On the basis of the information and explanations given to us, the Company has not given any guarantee for loans taken by others from bank or financial institutions. 15. TERM LOANS: On the basis of the information and explanations given to us the Company has applied the term loans for the purpose for which the same was obtained; 16. SOURCE AND APPLICATION OF FUNDS: On the basis of our examination of the books of accounts and the information and explanation given to us, in our opinion, the funds raised on short-term basis have not been used for long-term investment, and vice versa. 17. PREFERENTAL ALLOTMENT OF SHARES TO PARTIES COVERED IN THE REGISTER MAINTAINED UNDER SECTON 301 OF THE COMPANIES ACT 1950 During the year, the Company has made preferential allotment of equity shares to parties and companies covered in the Register maintained under Section 301 of the Act and the price at which shares have been issued are not prejudicial to the interest of the Company 18. MISCELLANEOUS: i. The Company does not have any outstanding debenture during the year. ii. In our opinion, in respect of monies raised by the Company by way of Public Issue during the year, the management has disclosed the end use of money raised by Public Issue as a part of Notes to Accounts and the same has been verified. iii. Based on the audit procedure performed and information and explanations given to us by the management, we report that fraud on or by the Company has not been noticed or reported during the course of our audit. For Gupta Saharia & Co. Chartered Accountants Pawan Gupta Place: Mumbai (Partner) Date : July 23,2008 Membership No: 71471