TELEGRAMS "TROBAS CALCUTTA,
TELEPHONE 2212-6253, 212 8016 G. Basu & Co. Basu Hous!
FAX 00-91-332212 7476 CRITERED SCCOUNTANTS S.CHOWRINGHEE APPROACH
WEUSITE = wvegbanuandeompany.ore KOLKATA 700072
EMAIL slahitagbaniin
Independent Auditor's Report
‘To the Members of Dabur India Limited
Reports on the Financial Scutements
We have audited the accompanying financial statements of Dabur Nepal Pvt Ltd., overseas subsidiary of
Dabur international Limited, Dubai, UAE prepared under IND AS issued by the Institute of Chartered
Accountants of India
These financial statements have been prepared to enable ultimate holding company to prepare its
consolidated financial statements by way of incorporating these financial statements therein as required
u/s 129(3) of Indian Companies Act, 2013 apart from compliances of formalities envisaged u/s 137(1) of
Companies Act, 2013 laying down submission of financial statements of overseas subsidiaries to
appropriate Registrar of Companies owning jurisdiction of ultimate parent company in India
nagement’s Responsibility for the Financial Statements
The Company's Board of Directors is responsible for the matters stated in Section 134(5) of the
Companies Act, 2013 ("the Act”) with respect to the preparation of these financial statements that give
a true and fair view of the financial position, financial performance and cash flows of the Company in
accordance with the accounting principles generally accepted in india, including the Accounting
Standards specified under section 133 of the Act, read with rule 7 of the Companies (Accounts) Rules,
2014, This responsibility also includes maintenance of adequate accounting records in accordance with
the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting
frauds and other irregularities; selection and application of appropriate accounting policies; making
judgements and estimates that are reasonable and prudent; and design, implementation and
maintenance of internal financial controls, that were operating effectively for ensuring the accuracy and
completeness of the accounting records, relevant to the preparation and presentation of the financial
statements that give a true and faie view and are free from material misstatement, whether due to fraud
or error
Auditor's Responsibility
‘Our responsibility is to express an opinion on these financial statements based on our audit
Ken into account the provisions of the Act. the accounting and auditing standards and
luded in the audit report under the provisions of the Act and
have
matters which
the Rules made there under
We conducted our audit in accordance with the Standards on Auditing specified under Section
14310) of the Act, Those Standards require that we comply with ethical requirements and plan
and perform the audit to obtain reasonable assurance about whether the financial statements are
free from material misstatement
An audit involves performing procedures to obtain audit evidence about the amounts and
disclosures in the financial statements. ‘The procedures. selected depend on the auditor's
judgment, including the assessment of the risks of material misstatement of the financial
Statements, whether due to fraud or error, In making those risk assessments, the auditor considers
internal financial control relevant to the Company's preparation of the financial statements that
required to begive a true and fair view in order to design audit procedures that are appropriate in the
circumstances. An audit also includes evaluating the appropriateness of the accounting policies
of the accounting estimates made by Company’s Directors, as well
as evaluating the overall presentation of the financial statements.
used and the reasonablenes
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a
basis for our audit opinion on the financial st
Opinion
In our opinion and to the best of our information and according to the explanations given to us,
‘aid financial statements give the information required by the Act in the manner so
required and give a true and fair view in conformity with the accounting principles generally
accepted in India, of the state of affairs of the Company as at 31“ March 2017, and its profivloss,
changes in equity and its cash ows for the year ended on that date
the afores
Report on Other Legal and Regulatory Requirements
1. As required by Section 143(3) of the Act, we report that
a) We have sought and 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 account as required by law have been kept by the
‘Company so far as appears from our examination of those books;
¢) The Balance Sheet, the Statement of Profit and Loss, the statement of changes in equity
and the Cash Flow Statement dealt with by this Report are in agreement with the books of
account;
4d) In our opinion, the aforesaid financial statements comply with the Accounting Standards
specified under Section 133 of the Act, read with Rule 7 of the Companies (Accounts)
Rules, 2014.i
a)
b)
For G.Basu & Ci
With respect to the other matters to be included in the Auditor's Report in accordance
with Rule 11 of the Companies (Audit and Auditors) Rules 2014, in our opinion and to
the best our information and according to the explanations given to t
The Company has disclosed the impact of pending litigations on its financial position in
its financial statememts at the end of notes to the financial statements.
The Company did not have any long-term contract including derivative contract which
may lead to any foreseeable loss.
Chartered Accountants
Firm’s registration number: 3011745
For G. BASU & CO.
EERE
Place: New Delhi iM
Date: 26" April 2017 Neaber ep ane eT TTT a ey lea oara os
mee eee ee eee
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Non Curent assets
2) Peper, Mant and Equipment 108 won] asses
5) Cantal Worn Progress ea Las
Total Non-Current Assets - ins Teas 16.758
current assets
ventas 3 15810 vane} s188
Fancal ssets
2 eae Rectal 4 non} sxe] 10.250
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