FLEXITUFF2026-01-012026-03-31FLEXITUFF2026-03-31FLEXITUFF2025-03-31FLEXITUFF2025-04-012026-03-31FLEXITUFF2026-01-012026-03-31in-capmkt:OtherExpenses1MemberFLEXITUFF2025-04-012026-03-31in-capmkt:OtherExpenses1MemberFLEXITUFF2026-03-31OtherNoncurrentFinancialAssetsDomain1FLEXITUFF2026-03-31OtherNoncurrentFinancialAssetsDomain2FLEXITUFF2026-03-31OtherNoncurrentAssetsDomain1FLEXITUFF2026-03-31OtherCurrentFinancialAssetsDomain1FLEXITUFF2026-03-31OtherCurrentFinancialAssetsDomain2FLEXITUFF2026-03-31OtherCurrentAssetsDomain1FLEXITUFF2026-03-31OtherNoncurrentFinancialLiabilitiesDomain1FLEXITUFF2026-03-31OtherCurrentFinancialLiabilitiesDomain1FLEXITUFF2026-03-31OtherCurrentFinancialLiabilitiesDomain2FLEXITUFF2026-03-31OtherCurrentLiabilitiesDomain1FLEXITUFF2026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss1FLEXITUFF2025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss1FLEXITUFF2026-01-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss1FLEXITUFF2025-04-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss1FLEXITUFF2026-01-012026-03-31AuditorDomain1FLEXITUFF2026-01-012026-03-31in-capmkt:AuditedMemberFLEXITUFF2026-03-31in-capmkt:AuditedMemberFLEXITUFF2026-01-012026-03-31in-capmkt:AdjustedMemberFLEXITUFF2026-03-31in-capmkt:AdjustedMemberFLEXITUFF2026-01-012026-03-31AuditQualification1FLEXITUFF2026-01-012026-03-31AuditQualification2FLEXITUFF2026-01-012026-03-31AuditQualification3FLEXITUFF2026-01-012026-03-31AuditQualification4FLEXITUFF2026-01-012026-03-31AuditQualification5FLEXITUFF2026-01-012026-03-31AuditQualification6FLEXITUFF2026-01-012026-03-31AuditQualification7FLEXITUFF2026-01-012026-03-31AuditQualification8iso4217:INRiso4217:INRxbrli:shares533638FLEXITUFFNOTLISTEDINE060J01017FLEXITUFF VENTURES INTERNATIONAL LIMITEDMain BoardEquity2025-04-012026-03-312026-05-302026-05-22INRLakhsQuarterlyFourth quarterSingle segmentNA2026-05-3017:00:002026-05-3022:00:00trueCash Flow IndirectStatement on impact of audit qualification2026-01-012026-03-31AuditedConsolidated26980002595000028648000-790000266600007589000727990005999400012242000154500000-1258520000-12585200005668060005668060000-6926580000000-6926580003511000-689147000-692133000-526000-688978000-16900032822800010-21.1-21.100-21.1-21.12025-04-012026-03-31AuditedConsolidated16800600031705000199711000846940002666000199192000101646000315505000243731000765240001023958000-8242470000-82424700005265480005265480000-13507950000000-13507950007046000-1343749000-1349769000-1026000-1343419000-330000328228000100-41.15-41.1500-41.15-41.15Other Expenses12242000Other Expenses7652400021173500000001190000001100000888770008888800002380002206595000882450000475869000141700003930001079000111182000602693000114230003324850001034846000003241441000328228000-1544476000-1216248000-98207000-131445500018548700000010001854880005751900024300700024965660002378400088726600091105000044644000038540560004578720009610000043128890000045558960003241441000Other Financial Assets78132000Non-Current Tax Assets10745000Other non-current assets238000Other current financial assets77177000Security Deposits34005000Other current assets332485000Lease Liablities1000Other financial liabilities446283000Lease Liabilities157000Other current liabilities45787200031550400019383400055633000010943000002856720003178000948570000-185765000024373100006906000750000-1693410005774000-253570000469400000000-60200008310230006776000000-3852500004530100000000000000000000000000000004395000004395000000000002896940000397000044285800000-153561000-1038650000-10386500011803600014171000Remeasurement of the net defined benefit plans46140004614000Remeasurement of the net defined benefit plans9228000922800011620002323000Exchange differences on translation of foreign operations7900079000Exchange differences on translation of foreign operations188000188000200004700035110007046000AuditedAdverse opinionMahesh C. Solanki & Co.true2027-04-3019874300019874300010221450001022145000-1349950000-1349950000-41.13-41.133241441000324144100045558960004555896000-1314455000-1314455000The Parent Company has incurred a net loss of Rs. 13,487.87 lakhs during the year ended 31 March 2026, and as of that date, the Parent Company's current liabilities have exceeded its current assets by Rs. 32,233.86 lakhs which have resulted in complete erosion of the Parent Companys net-worth. These conditions indicate the existence of material uncertainties that cast significant doubt on the Company's ability to continue as a going concern. Furthermore, the Parent Company has outstanding obligations related to statutory compliances, unpaid employee payables, and defaults on borrowings. In the absence of necessary and adequate audit evidence to support the Group's assessment of its going concern status and mitigating plans, in our judgment, management's use of the going concern basis of accounting in the preparation of the Statement is inappropriate as per the applicable Standards on Auditing. Consequently, the assets and liabilities have not been adjusted to their realisable values, the impact of which is currently not ascertainable.Adverse opinionWhether appeared first timeNANAThe Company has built a stable market presence over the years. While current liquidity is under pressure due to a mismatch between current assets and liabilities, management is making efforts to restart the operations. <br></br> We the management is fully confide that our cash flow will shortly improve as we are implementing some new business model .The company has a long legacy of delivering quality products and we are currently engaged in research for introducing some new products in the market which will enhance our profitability and thus the company is confident of maintaining its status as a going concern. This shortfall in cash flow/ profitability will be removed in a timely manner.NAThe Parent Company has been experiencing continued operational and financial difficulties and has reached a deadlock position regarding its management and business operations. Due to the aforementioned deadlock and consequent lack of management cooperation and operational disruption, we were unable to perform audit procedures such as rolling out independent balance confirmations (for Trade Receivables, Payables, Loans, and Bank Balances), verification of statutory payments, verification of underlying documentation (sales, purchase, and expense vouchers) and physical verification of inventory and assessment of its valuation and existence etc. <br></br> In the absence of these critical records and our inability to perform alternate audit procedures, we were unable to determine whether any adjustments might have been found necessary in respect of recorded or unrecorded assets, liabilities, income, and expenditure. Accordingly, we are unable to comment on the consequential impact of the same on the Statement.Adverse opinionWhether appeared first timeNANAThe operational disruptions and administrative gaps that limited the availability of certain records and external confirmations during the audit period are being looked into. Management is taking steps to resolve internal coordination issues and streamline administrative functions. We as a management state that when any company comes under financial distress the creditors/ debtors often avoid to confirm outstanding balances and the reason being a sheer fear of confirming balances which may ,create any probable legal issue against them .However we are trying to obtain balance confirmation from various debtors/ creditors. As regards confirmation of loans taken from banks we have not taken any certificate from banks as we are in the process of requesting the banks for restructuring/ settlement.NAThe Parent Company has been unable to renegotiate or secure replacement financing for its outstanding Cash Credit (CC) facilities and Working Capital Term Loans (WCTL). Consequently, the total dues, including accrued interest, stood at Rs. 25,971.26 lakhs as of 31 March 2026, and the lending banks have issued notices to the Company under the SARFAESI Act. Because of the inherent uncertainty regarding the resolution of these defaults and liquidity constraints, and pending finalization of discussions with the lenders, the ultimate impact on the Statement (including any potential penal interest, adjustments to carrying values, or reclassification of liabilities) is presently not ascertainable.Adverse opinionWhether appeared first timeNANAThe Company acknowledges the defaults regarding its Cash Credit facilities and Working Capital Term Loans, as well as the notices received from lenders. Management is in communication with the lending banks to discuss workable resolution plans or restructuring. Simultaneously, we are trying to organize alternative working capital options to stabilize these bank obligations.NAThe Parent Company has outstanding loans and advances given to its subsidiaries amounting to Rs. 2,558.28 lakhs (including interest) as at 31 March 2026. As set out in Note 2 to the Statement, the subsidiaries are facing severe operational and financial difficulties, and the Parent Company is also undergoing financial strain. Despite these indicators of impairment, the management considers the balance to be fully recoverable and has not recognized any impairment loss or written off these loans, which is not in compliance with relevant accounting standards. Because of the lack of sufficient appropriate audit evidence regarding the future cash flows of the subsidiaries and the ultimate realization of these loans, we are unable to determine whether any adjustments might be necessary to the carrying value of the loans, reserves, or profit/loss for the year. Consequently, the impact of not fully writing off these loans on the Statement is not ascertainable.Adverse opinionWhether appeared first timeNANAAlthough the subsidiaries are facing operational hurdles, management considers their long-term underlying value to be intact due to their established market position. We are working with the respective teams to improve and revive their operational performance. Based on the expectation of recovering their business volumes over time, management considers these balances to be recoverable. We are confident about our strategies for business development and therefore we have not written off or have made any provision for impairment.NAThe Parent Company has not accrued and paid statutory liabilities relating to employee benefits, including Provident Fund (PF), Employees' State Insurance (ESIC), Professional Tax (PT), and Gratuity. We were unable to obtain sufficient appropriate audit evidence regarding the exact quantum of these statutory dues and the resultant impact on the Statement. Consequently, we are unable to determine the adjustments required to the employee benefits expense, current liabilities, and accumulated losses.Adverse opinionWhether appeared first timeNANADue to immediate cash flow mismatches, certain statutory dues relating to employee benefits could not be deposited or fully reconciled on time. Management recognizes these obligations and intends to clear the outstanding balances in a phased manner as liquidity and working capital positions improve.NAThe Parent Company did not have any internal audit conducted during the financial year resulting in non-compliance with the provisions of Section 138 of the Companies Act, 2013. Consequently, we are unable to comment on the adequacy and effectiveness of internal controls, the accuracy of reported transactions, or the potential material misstatements that might have been identified had an internal audit been conducted. The impact of this non-compliance on the Statement is presently not ascertainable.Adverse opinionWhether appeared first timeNANAThe internal audit could not be conducted during the financial year due to administrative disruptions and financial constraints. Management acknowledges the requirement and is taking steps to appoint an independent firm of Chartered Accountants to conduct the internal audit for the upcoming financial year. However the management is itself carrying out internal audit with the help of current employees.NAThe Parent Company has not been in compliance with certain applicable provisions of the Companies Act, 2013, the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Foreign Exchange Management Act, 1999 (FEMA). The ultimate financial, legal, or other regulatory impacts of these non-compliances on the accompanying Statement are presently not ascertainable. Consequently, we are unable to determine whether any adjustments might be necessary to the Statement in respect of potential penalties, settlements, or consequential losses.Adverse opinionWhether appeared first timeNANAThe company experienced an exceptionally challenging operational phase, which led to administrative delays in routine regulatory and secretarial filings. Efforts are being made to strengthen our statutory compliance desk to systematically address outstanding filings and ensure regular compliance moving forwardNAAs stated in Note 2 to the Statement, the Parent Company is undergoing financial and operational difficulties. The Parent Companys Cash Generating Unit (CGU) viz. Kashipur cluster, has a carrying value of Rs. 21,172.53 lakhs as at 31 March 2026, comprising tangible and intangible assets. The Parent Company has not performed an impairment assessment of this CGU as required under Ind AS 36 Impairment of Assets. In the absence of this assessment, we are unable to obtain sufficient appropriate audit evidence regarding the recoverable amount of the CGU. Consequently, we are unable to comment on the appropriateness of the assumptions for the projections used, or the consequential impairment provision, if any, that should be made in the Statement with regard to the aforementioned CGU.Adverse opinionWhether appeared first timeNANAThe Kashipur cluster represents a key asset base for the company. Due to managements immediate focus being directed toward resolving urgent liquidity and operational issues, a formal technical impairment assessment under Ind AS 36 could not be completed in time. Management intends to initiate this evaluation as soon as regular operations settle down.NANAJagdish Prasad PandeySunil RamsinghaniMahesh SolankiNAIndore2026-05-30