v3.26.1
Consolidated Balance Sheets
Mar. 31, 2026
SGD ($)
Mar. 31, 2026
USD ($)
Mar. 31, 2025
SGD ($)
Current assets      
Cash and cash equivalents $ 1,290,468 $ 1,000,887 $ 778,563
Other investment 10,439,015 8,096,500
Accounts receivable, net 2,020,209 1,566,874 1,123,801
Inventories, net 4,085,531 3,168,738 4,835,312
Contract asset 48,623 37,712 160,549
Deferred offering costs 364,166
Other current assets 1,975,699 1,532,352 274,167
Total current assets 19,859,545 15,403,063 7,536,558
Non-current assets      
Property and equipment, net 169,903 131,777 2,859,910
Right-of-use assets, net 3,709,974 2,877,456 4,543,769
Deferred tax assets 32,042 24,852 248,620
Prepayment 1,535,069 1,190,600
Other investments 4,677,022 3,627,498 3,962,185
Total non-current assets 10,124,010 7,852,183 11,614,484
TOTAL ASSETS 29,983,555 23,255,246 19,151,042
Current liabilities      
Accounts payable 557,999 432,784 211,143
Accruals and other payables 454,084 352,188 123,376
Contract liabilities 646,301 501,271 288,203
Operating lease liabilities 936,187 726,107 866,559
Income taxes payable 36,097
Short-term borrowings 1,684,634 1,306,602 2,258,282
Total current liabilities 4,279,205 3,318,952 3,783,660
Non-current liabilities      
Amount due to shareholders 3,700,000 2,869,720 3,700,000
Provision 317,487 246,243 317,487
Operating lease liabilities 2,773,787 2,151,349 3,677,210
Total non-current liabilities 6,791,274 5,267,312 7,694,697
TOTAL LIABILITIES 11,070,479 8,586,264 11,478,357
SHAREHOLDERS’ EQUITY      
Additional paid in capital 15,658,624 12,144,829 3,493,297
Retained earnings 3,247,019 2,518,388 4,172,685
Total equity 18,913,076 14,668,982 7,672,685 [1]
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 29,983,555 23,255,246 19,151,042
Ordinary shares, Class A      
SHAREHOLDERS’ EQUITY      
Ordinary shares, value issued 4,009 3,109 3,279 [2]
Ordinary shares, Class B      
SHAREHOLDERS’ EQUITY      
Ordinary shares, value issued $ 3,424 $ 2,656 $ 3,424 [2]
[1] Retroactively presented for the reorganization exercise described in Note 1.
[2] Retroactively presented for the reorganization exercise described in Note 1.