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NOTES TO ACCOUNTS

Franklin Leasing & Finance Ltd.

You can view the entire text of Notes to accounts of the company for the latest year
Market Cap. (₹) 25.17 Cr. P/BV 0.69 Book Value (₹) 23.18
52 Week High/Low (₹) 34/16 FV/ML 10/4000 P/E(X) 129.67
Bookclosure 29/09/2018 EPS (₹) 0.12 Div Yield (%) 0.00
Year End :2016-03 

1. There is no Micro, Small and Medium Enterprises as defined under Micro, Small & Medium Enterprises Development Act, 2006 to which Company owes dues which are outstanding for a period more than 45 days as on Balance Sheet Date.

The above information regarding Micro, Small and Medium Enterprises has been determined on the basis of information availed with the Company and has been duly relied by the auditors of the Company.

2. Provisions of Accounting Standard (AS) - 17 issued by the ICAI on 'Segment Reporting' are not been applicable to the Company.

3. In view of present uncertainty regarding generation of sufficient future income, net deferred tax asset or liability has not been recognized in these accounts on prudent basis.

4. In the opinion of the management, the current assets, loans and advances have a realizable value in the ordinary course of business is not less than the amount at which they are stated in the Balance Sheet.

5. Related party disclosures/ transactions

There is no transaction entered with the related party covered by the Accounting Standard (AS) - 18 on 'Related Party Disclosure' during the period covered by these financial statements.

6. Balance shown under head Sundry Debtors, Creditors and Advances are subject to confirmation.

8. Quantities Information in respect of Opening Stock, Purchases, Sales and Closing Stock pursuant to Schedule VI of the relevant Companies Act are not applicable.

9. The company is listed with the Bombay Stock Exchanges Ltd. With effect from 9th April, 2016 and respective stock code is 539839.

10. Previous Year's Figures have been re- arranged or re- grouped wherever considered necessary.

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