Capital and Financial Risk Management (Tables)

12 Months Ended

Mar. 31, 2025

Capital and Financial Risk Management [Abstract]

Schedule of Current Credit Risk Grading Framework

The Company’s current credit risk grading framework comprises the following categories.

Category		Description		Basis of recognizing ECL
Low risk		The counterparty has a low risk of default and does not have any past-due amounts.		12-month ECL
Doubtful		There have been significant increases in credit risk since initial recognition through information developed internally or external resources.		Lifetime ECL – not credit-impaired
In default		There is evidence indicating the asset is credit-impaired.		Lifetime ECL – credit-impaired
Write-off		There is evidence indicating that the debtor is in severe financial difficulty and the Company has no realistic prospect of recovery.		Amount is written off

Schedule of Credit Quality Financial Assets as well as Maximum Exposure to Credit Risk by credit Risk Rating Grades

The table below details the credit quality of the Company’s financial assets as well as maximum exposure to credit risk by credit risk rating grades:

Financial assets at amortized cost		12-month or lifetime ECL		Gross carrying amount				Loss allowance				Net carrying amount
				USD’000				USD’000				USD’000
As of March 31, 2024
Trade receivables		Lifetime ECL			6,872				(279	)			6,593
Other receivables		12-month ECL			31				-				31
Amounts due from related parties		12-month ECL			459				-				459
					7,362				(279	)			7,083

Financial assets at amortized cost		12-month or lifetime ECL		Gross carrying amount				Loss allowance				Net carrying amount
				USD’000				USD’000				USD’000
As of March 31, 2025
Trade receivables		Lifetime ECL			7,833				(283	)			7,550
Other receivables		12-month ECL			26				-				26
Amounts due from related parties		12-month ECL			857				-				857
					8,716				(283	)			8,433

Schedule of Contractual Maturity for its Non-derivative Financial Liabilities

The following table details the Company’s contractual maturity for its non-derivative financial liabilities. The table has been drawn up based on the undiscounted cash flows of financial liabilities based on the earliest date on which the Company can be required to pay.

		On demand or within 1 year				Over 1 year				Total undiscounted cash flow				Total carrying amount
		USD’000				USD’000				USD’000				USD’000
As of March 31, 2024
Trade and other payables			16,686				-				16,686				16,686
Amount due to a shareholder			57				-				57				57

		On demand or within 1 year				Over 1 year				Total undiscounted cash flow				Total carrying amount
		USD’000				USD’000				USD’000				USD’000
As of March 31, 2025
Trade and other payables			8,620				-				8,620				8,620
Amount due to a director			3				-				3				3
Amount due to a shareholder			52				-				52				52
Lease liabilities			473				1,419				1,892				1,681

Schedule of Currency Exposure of Financial Assets and Financial Liabilities

The currency exposure of financial assets and financial liabilities denominated in currencies other than the Company’s functional and reporting currencies are as follows:

		As of March 31, 2024				As of March 31, 2025
		USD’000				USD’000
Euro			—				98
Hong Kong Dollar			85				82
Singapore Dollar			34				18

		As of March 31, 2024				As of March 31, 2025
		USD’000				USD’000
Euro			—				5
Hong Kong Dollar			4				4
Singapore Dollar			2				1