v3.26.1
Employee Benefit Plans (Unfunded) (Tables)
 12 Months Ended
Mar. 31, 2026
Employee Benefit Plans (Unfunded) [Abstract]  
Schedule of Current and Non Current Employee Benefit Plans Obligations The summary of current and non-current employee benefit plans obligations along with its components are as below:
As at  March 31,
2026		   March 31,
2025		 
Current        
Gratuity  $104,910   $82,547 
Compensated absences   72,629    70,325 
   $177,539   $152,872 
Non-current          
Gratuity  $242,179   $221,961 
Compensated absences   126,243    170,062 
Other statutory dues   2,007    2,007 
   $370,429   $394,030 
Schedule of Gratuity
   Year ended March 31, 
I. Gratuity  2026   2025 
Changes in projected benefit obligation (PBO)        
PBO at the beginning of the year  $304,508   $352,492 
Service cost   73,992    68,406 
Interest cost   17,081    18,298 
Actuarial loss   51,788    57,663 
Benefits paid   (66,710)   (184,057)
Effect of exchange rate changes   (33,570)   (8,294)
PBO at the end of the year  $347,089   $304,508 
           
Accrued pension liability          
Current liability  $104,910   $82,547 
Non-current liability   242,179    221,961 
   $347,089   $304,508 
           
Accumulated benefit obligation  $264,656   $245,162 
Schedule of Net Gratuity Cost Recognized in Income Statement
   Year ended March 31, 
Net gratuity cost recognized in income statement  2026   2025 
Service cost  $73,992   $68,406 
Interest cost   17,081    18,298 
Amortization of net actuarial loss/(gain)   5,570    (6,624)
Net periodic benefit cost  $96,643   $80,080 
Schedule of Re-Measurement Losses in Other Comprehensive Income
    Year ended March 31,  
Re-measurement losses in other comprehensive income   2026     2025  
Actuarial Loss   $ 33,488     $ 57,663  
Change in Plan assets     18,300       -  
Amortization (loss)/gain     (5,570 )     6,624  
Total   $ 46,218     $ 64,287  
Schedule of Components of Actuarial Loss
   Year ended March 31, 
Components of actuarial loss:  2026   2025 
Actuarial gain due to demographic assumption changes in defined benefit obligation  $(577)  $(3,524)
Actuarial loss due to financial assumption changes in defined benefit obligation   4,498    8,720 
Actuarial loss due to experience on defined benefit obligation   47,867    52,467 
Total  $51,788   $57,663 
Schedule of Assumptions used for Gratuity

The assumptions used in accounting for the gratuity plan are as follows:

 

   March 31,
2026		   March 31,
2025		 
Discount rate - staff   6.79%   6.54%
Discount rate - independent service provider*   6.64%   6.54%
Attrition rate - staff   44.10%   42.61%
Attrition rate - independent service provider*   75.50%   82.00%
Rate of increase in compensation levels - staff   14.39%   12.98%
Rate of increase in compensation levels - independent service provider*   10.31%   10.96%

 

*Independent service provider are contract employees responsible for assisting in the day to day operations of the Company.
Schedule of Discount Rates Current Market Yields on Government Securities The discount rates are based on current market yields on government securities adjusted for a suitable risk premium.
   March 31, 2026   March 31, 2025 
Year ended  Increase   Decrease   Increase   Decrease 
Discount rate (- / + 1%)  $(10,318)  $11,192   $(10,343)  $11,236 
Salary growth rate (- / + 1%)   5,177    (5,271)   5,206    (5,074)
Attrition rate (- / + 1%)   (2,263)   2,325    (2,647)   2,691 
Mortality rate (- / + 10% of mortality rates)   (17)   
-
    (8)   
-
 
Schedule of Expected Benefit Payments

Expected benefit payments as of March 31, 2026 is as follows:

 

Year ended March 31,    
2027   104,910 
2028   56,197 
2029   34,172 
2030   22,293 
2031   13,586 
Thereafter   115,931 
Total  $347,089