v3.26.1
Lease Liabilities
 12 Months Ended
Mar. 31, 2026
Lease Liabilities [Abstract]  
Lease liabilities
14. Lease liabilities

 

Company as a lessee

 

The Company has lease contracts for leasehold premises. The Company’s obligations under these leases are secured by the lessor’s title to the leased assets. The Company is restricted from assigning and subleasing the leased assets.

 

The Company also has certain leases with lease terms of 12 months or less. The Company applies the ‘short-term lease’ recognition exemptions for these leases.

 

Carrying amount of right-of-use assets

 

   Leasehold
premises		 
   US$ 
At April 1, 2024   207,724 
Depreciation   (69,241)
At March 31, 2025   138,483 
Depreciation   (69,242)
At March 31, 2026   69,241 

 

Lease liabilities

 

The carrying amount of lease liabilities and the movement during the financial year are disclosed elsewhere in the financial statements, and the maturity analysis of lease liabilities is disclosed in Note 22.

 

   March 31,
2025		   March 31,
2026		 
   US$   US$ 
Current   80,916    87,632 
Non-current   87,632    — 
    168,548    87,632 

Amounts recognized in profit or loss

 

   March 31,
2025		   March 31,
2026		 
   US$   US$ 
Depreciation of right-of-use assets   69,241    69,242 
Interest expense on lease liabilities (Note 17)   16,761    10,560 
Lease expenses not capitalised in lease liabilities          
– Expenses relating to short-term leases (include in cost of sales)   30,100    31,200 
    116,102    111,002 

 

Total cash outflows

 

The Company had total cash outflows for leases of US$122,676 (2025: US$121,577).