v3.26.1
Business Combination - Schedule of Estimated Fair Values of Assets and Liabilities (Details)
 12 Months Ended
May 30, 2025
HKD ($)
May 30, 2025
USD ($)
Mar. 31, 2026
HKD ($)
Mar. 31, 2026
USD ($)
Mar. 31, 2026
USD ($)
Mar. 31, 2025
HKD ($)
Mar. 31, 2024
HKD ($)
Liabilities assumed:              
Goodwill (Note 13)     $ 193,445,481   $ 24,674,168 $ 35,124,140 $ 34,066,838
Consideration     5,000 $ 638      
Add: Carrying amount of VBS’s net liabilities     22,412,227 2,858,702      
Gain on deconsolidation     22,417,227 2,859,340      
Non-controlling interest     (10,275,166) (1,310,608)      
Net gain from deconsolidation of subsidiaries     12,142,061 1,548,732      
Alvin Design and Construction Company Limited (“Alvin Design”) [Member]              
Liabilities assumed:              
Goodwill (Note 13)     1,057,302   135,902    
Total consideration     1,062,402   136,557    
Fair value of net assets as of the acquisition date          
Jingxing Holdings Limited [Member]              
Assets acquired:              
Cash and cash equivalents [1]     5,943,222   758,064    
Accounts receivable, net [1]     6,625,174   845,048    
Contract assets, net [1]     7,478,885   953,939    
Deposit paid and other receivables [1]     1,908,000   243,367    
Amount due from a shareholder [1]     7,000   893    
Property and equipment, net [2]     725,803   92,577    
Right-of-use assets [3]     418,184   53,340    
Customer relationship     26,385,737   3,365,528    
Fair value of assets acquired     49,492,005   6,312,756    
Liabilities assumed:              
Accounts payable [1]     (8,515,051)   (1,086,104)    
Accruals and other payables [1]     (1,136,000)   (144,899)    
Dividend payable [1]     (7,880,000)   (1,005,102)    
Contract liabilities [1]     (13,000)   (1,658)    
Operating lease liabilities [3]     (344,415)   (43,930)    
Tax payables [1]     (2,577,854)   (328,808)    
Amount due to a director [1]     (1,034,114)   (131,902)    
Deferred tax liabilities – non current [4]     (4,353,647)   (555,312)    
Operating lease liabilities – non current [3]     (83,405)   (10,638)    
Fair value of liabilities assumed     (25,937,486)   (3,308,353)    
Fair value of net liabilities as of the acquisition date     23,554,519   3,004,403    
Total consideration (per above)     217,000,000 $ 27,678,571      
Goodwill (Note 13)     $ 193,445,481   $ 24,674,168    
Consideration $ 217,000,000 $ 27,678,571          
[1] The carrying amounts reported are approximate their respective fair values because of the short-term nature of these accounts.
[2] Property and equipment are valued using the cost approach, which is based on current replacement and/or reproduction cost of the asset as new, less depreciation attributable to physical, functional, and economic factors. It was determined that the fair value of property and equipment closely approximated their carrying value and no pro forma adjustment was deemed necessary or reflected in the purchase price allocation table.
[3] The carrying amounts of right-of-use assets and operating lease liabilities are approximate to their respective fair values because it is discounted using an appropriate interest rate.
[4] Deferred tax liabilities arise from the customer relationship intangible asset recognized in the business combination. The asset is amortized for financial reporting purposes but is not deductible for tax purposes, creating a taxable temporary difference. As a result, a deferred tax liability is recorded and will reverse over the asset’s useful life.