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ISIN No
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INE195I01013
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BSE Code / NSE Code
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511756 / ABIRAFN
|
Book Value (Rs.)
|
38.17
|
Face Value
|
10.00
|
|
Bookclosure
|
23/08/2024
|
52Week High
|
85
|
EPS
|
2.69
|
P/E
|
27.84
|
|
Market Cap.
|
40.39 Cr.
|
52Week Low
|
30
|
P/BV / Div Yield (%)
|
1.96 / 3.34
|
Market Lot
|
1.00
|
|
Security Type
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Other
|
|
You can view the entire text of Accounting Policy of the company for the latest year.
| Year End :2015-03 |
| 1. Basis of preparation:
The financial statements are prepared under the historical cost
convention in accordance with Generally Accepted Accounting Principles
(GAAP), and materially comply with the mandatory accounting standards
issued by the Institute of Chartered Accountants of India and the
provisions of the Companies Act, 2013. All income and expenditure
having a material bearing on the financial statements are recognized on
the accrual basis.
2. Revenue recognition:
Income from hire purchase advances are accounted by adopting internal
rate of return method for the installments due as per the agreement.
3. Depreciation:
Depreciation on fixed assets is provided using the Written down Value
method, based on rates specified in as per Part "C"of schedule II of
the Companies Act 2013. Depreciation is charged on a pro-rata basis for
assets purchased/sold during the year. Individual assets costing Rs.
5,000 or less are depreciated in full in the year of purchase.
4. Investments:
Investments are stated at the lower of cost or market value. Any
decline in the value of investments other than temporary is charged to
the Profit and Loss Account.
5. Stock on Hire:
Stock on hire has been valued at the amount advanced less installments
received.
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