v3.26.1
Leases (Tables)
 12 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Schedule of Leases

The table below presents the lease-related assets and liabilities recorded on the consolidated balance sheet.

 

   March 31,
2026		   March 31,
2025		 
         
Assets        
Finance lease, right-of-use assets, net  $489,951   $622,075 
Operating lease, right-of-use assets, net   912,855    126,372 
           
Total right-of-use asset  $1,402,806   $748,447 
           
Liabilities          
Current:          
Finance lease liabilities  $193,092   $308,125 
Operating lease liabilities   374,248    115,945 
    567,340    424,070 
           
Non-current:          
Finance lease liabilities   89,420    216,430 
Operating lease liabilities   545,144    
-
 
    634,564    216,430 
           
Total lease liabilities  $1,201,904   $640,500 

 

   Year ended March 31, 
   2026   2025   2024 
             
Finance lease cost:            
Interest on lease liabilities (per ASC 842)  $15,394   $25,559   $21,868 
                
Operating lease cost:               
Operating lease expense (per ASC 842)   330,381    159,889    147,741 
Total lease expense  $345,776   $185,448   $169,609 
The Company recognized the lease payments as revenue in profit or loss over the lease term on a straight-line basis as below:
   Year ended March 31, 
   2026   2025   2024 
             
Lease income relating to operating lease  $337,826   $226,500   $116,150 
Schedule of Maturities of Finance Lease Liabilities

As of March 31, 2026 and March 31, 2025, the maturities of finance lease liabilities (excluding short-term leases) were as follows:

 

   March 31,
2026		   March 31,
2025		 
         
Less than 1 year  $199,722   $322,296 
More than 1 year   91,500    221,097 
Total undiscounted lease payments   291,222    543,393 
Less: Interest   (8,710)   (18,838)
           
   $282,512   $524,555 
           
Representing:-          
Current liabilities  $193,092   $308,125 
Non-current liabilities   89,420    216,430 
           
    282,512    524,555 
Schedule of Maturities of Operating Lease Liabilities

As of March 31, 2026 and March 31, 2025, the maturities of operating lease liabilities (excluding short-term leases) were as follows:

 

   March 31,
2026		   March 31,
2025		 
         
Less than 1 year (current liabilities)  $374,248   $115,945 
From 1 to 2 years (non-current liabilities)   545,144    
-
 
           
   $919,392   $115,945 
Schedule of Sales-Type Leases Lease receivables relating to sales-type leases are presented on the consolidated balance sheet as follows:
   March 31,
2026		   March 31,
2025		 
         
Gross lease receivables  $587,671   $794,126 
Received cash   (227,711)   (267,877)
Unearned interest income   (16,025)   (28,369)
           
   $343,935   $497,880 
           
Reported as:          
Current net investment in sales-type lease   154,947    203,381 
Non-current net investment in sales-type lease   188,988    294,499 
           
   $343,935   $497,880 
Schedule of Undiscounted Future Lease Payments Under Sales-Type Lease Receivables from Customers

As of March 31, 2026 and March 31, 2025, undiscounted future lease payments under sales-type lease receivables from customers for the next five years and thereafter were as follows:

 

   March 31,
2026		   March 31,
2025		 
         
Less than 1 year  $154,947   $203,381 
From 1 to 2 years   115,283    145,450 
From 2 to 3 years   67,410    91,868 
From 3 to 4 years   6,295    50,887 
From 4 to 5 years   
-
    6,294 
           
Total  $343,935   $497,880 
Schedule of Undiscounted Cash Flows of Operating Lease Receivables from Customers

The operating lease term is 3 years. As of March 31, 2026 and March 31, 2025, undiscounted cash flows of our operating lease receivables from customers for the next three years and thereafter were as follows:

 

   March 31,
2026		   March 31,
2025		 
         
Less than 1 year  $255,024   $235,200 
From 1 to 2 years   130,652    143,050 
From 2 to 3 years   35,847    34,200 
           
   $421,523   $412,450