| SCHEDULE OF COMPONENTS OF LEASE EXPENSES |
The
components of lease expenses are as follows:
SCHEDULE
OF COMPONENTS OF LEASE EXPENSES
| | |
2025 | | |
2026 | |
| | |
For the year
ended March 31, | |
| | |
2025 | | |
2026 | |
| | |
USD | | |
USD | |
| | |
| | |
| |
| Operating lease expense | |
| 81,966 | | |
| 31,064 | |
| Finance lease expense | |
| | | |
| | |
| Amortization of right-of-use assets | |
| 1,546,442 | | |
| 1,531,337 | |
| Interest on lease liabilities | |
| 185,166 | | |
| 156,105 | |
| Total finance lease
expense | |
| 1,731,608 | | |
| 1,687,442 | |
|
| SCHEDULE OF COMPONENTS OF FINANCE LEASE |
The
components of finance lease are as follows:
SCHEDULE
OF COMPONENTS OF FINANCE LEASE
| | |
2025 | | |
2026 | |
| | |
For the year
ended March 31, | |
| | |
2025 | | |
2026 | |
| | |
USD | | |
USD | |
| | |
| | |
| |
| Finance lease | |
| | | |
| | |
| Right-of-use assets, costs | |
| 8,428,505 | | |
| 8,428,505 | |
| Accumulated amortization | |
| (4,290,586 | ) | |
| (5,824,443 | ) |
| Termination | |
| - | | |
| (191,989 | ) |
| Right-of-use assets,
net | |
| 4,137,919 | | |
| 2,412,073 | |
|
| SCHEDULE OF OTHER INFORMATION ABOUT LEASES |
Other
information about the Company’s leases is as follows:
SCHEDULE
OF OTHER INFORMATION ABOUT LEASES
| | |
2025 | | |
2026 | |
| | |
As
of March 31, | |
| | |
2025 | | |
2026 | |
| | |
USD | | |
USD | |
| Cash paid for amounts included in the measurement of lease liabilities: | |
| | |
| |
| Operating cash flows used in operating
leases | |
| 107,936 | | |
| 27,231 | |
| Operating cash flows used in finance leases | |
| 185,166 | | |
| 156,105 | |
| Financing cash flows used in finance leases | |
| 1,292,795 | | |
| 1,237,629 | |
| Right-of-use assets obtained in exchange for
new operating lease liabilities | |
| 67,072 | | |
| - | |
| Right-of-use assets obtained in exchange for
new finance lease liabilities | |
| 964,362 | | |
| - | |
| Weighted-average remaining lease term-operating | |
| 1.14
years | | |
| 0.55 years | |
| Weighted-average remaining lease term-finance | |
| 2.56
years | | |
| 1.81
years | |
| Weighted average discount rate-operating | |
| 4.0 | % | |
| 4.0 | % |
| Weighted average discount rate-finance | |
| 6.05 | % | |
| 6.57 | % |
|
| SCHEDULE OF MATURITY ANALYSIS OF LEASE LIABILITIES |
The
following is a maturity analysis of the annual undiscounted cash flows for lease liabilities as of March 31, 2026:
SCHEDULE
OF MATURITY ANALYSIS OF LEASE LIABILITIES
| | |
Operating leases | | |
Finance leases | | |
Total | |
| | |
USD | | |
USD | | |
USD | |
| | |
| | | |
| | | |
| | |
| Year ending March 31, | |
| | | |
| | | |
| | |
| 2027 | |
| 10,578 | | |
| 1,090,232 | | |
| 1,101,549 | |
| 2028 | |
| - | | |
| 527,474 | | |
| 527,474 | |
| 2029 | |
| - | | |
| 265,804 | | |
| 265,065 | |
| 2030 | |
| - | | |
| - | | |
| - | |
| 2031 and thereafter | |
| - | | |
| - | | |
| - | |
| Total undiscounted lease
payments | |
| 10,578 | | |
| 1,883,510 | | |
| 1,894,088 | |
| Less: imputed interest | |
| (132 | ) | |
| (127,404 | ) | |
| (127,536 | ) |
| Lease
liabilities recognized in the Consolidated Balance Sheet | |
| 10,446 | | |
| 1,756,106 | | |
| 1,766,552 | |
The
following is a maturity analysis of the annual undiscounted cash flows for lease liabilities as of March 31, 2025:
| | |
Operating leases | | |
Finance leases | | |
Total | |
| | |
USD | | |
USD | | |
USD | |
| | |
| | | |
| | | |
| | |
| Year ending March 31, | |
| | | |
| | | |
| | |
| 2026 | |
| 42,923 | | |
| 1,437,484 | | |
| 1,480,407 | |
| 2027 | |
| 10,578 | | |
| 1,076,375 | | |
| 1,086,953 | |
| 2028 | |
| - | | |
| 524,120 | | |
| 524,120 | |
| 2029 | |
| - | | |
| 264,250 | | |
| 264,250 | |
| 2030 and thereafter | |
| - | | |
| - | | |
| - | |
| Total undiscounted lease
payments | |
| 53,501 | | |
| 3,302,229 | | |
| 3,355,730 | |
| Less: imputed interest | |
| (1,227 | ) | |
| (278,681 | ) | |
| (279,908 | ) |
| Lease
liabilities recognized in the Consolidated Balance Sheet | |
| 52,274 | | |
| 3,023,548 | | |
| 3,075,822 | |
|