v3.26.1
Fair Value Measurement – Financial Instruments
 3 Months Ended
Mar. 31, 2026
Fair Value Measurement – Financial Instruments [Abstract]  
FAIR VALUE MEASUREMENT – FINANCIAL INSTRUMENTS

NOTE 18 – FAIR VALUE MEASUREMENT – FINANCIAL INSTRUMENTS

 

Assets and liabilities recorded at fair value are measured using the fair value hierarchy, which prioritizes the inputs used in measuring fair value. The levels of the fair value hierarchy are:

 

  ● Level 1: observable inputs such as quoted prices in active markets.

 

  ● Level 2: inputs other than quoted prices in active markets that are either directly or indirectly observable; and

 

  ● Level 3: unobservable inputs for which little or no market data exists, therefore requiring the Company to develop its own assumptions.

 

The Company’s financial assets which are set out below in the table are measured at fair value by considering the level III inputs. The company does not have financial assets which are measured using Level I or Level II inputs.

 

Carrying value and fair value of Level III Financial assets and liabilities:

 

   Carrying Value   Fair Value 
   March 31,
2026		   December 31,
2025		   March 31,
2026		   December 31,
2025		 
                 
Financial Assets                
Account receivables, net (1)   7,265,911    8,566,654    7,265,911    8,566,654 
Lease receivables (2)   2,073,401    1,410,589    2,073,401    1,410,589 
Other non-current financial assets (2)   241,367    248,027    241,367    248,027 
Total   9,580,679    10,225,270    9,580,679    10,225,270 
Financial Liabilities                    
Lease liabilities (3)   2,086,534    2,337,697    2,086,534    2,337,697 
Total   2,086,534    2,337,697    2,086,534    2,337,697 

 

(1) Account receivable net of allowance represents the long-term debtors of the company in relation to the sales made during the year. The Company has presented the receivable balances account after reducing the significant financing component included using the discount rate of 10%.

 

(2) Lease receivables arising from sales-type leases are measured which is based on a discounted cash flow methodology that incorporates significant unobservable inputs, including assumptions related to discount rate, expected timing of cash flows etc. (Refer Note 5).

 

(3) Other non-current assets include security deposits and long-term fixed deposits with banks. Company has calculated the fair value of security deposit at present value of future receipt using discount rate of 7% and fair value of long-term fixed deposit with banks are carried at cost which is approximate to the fair value.

 

(4) The Company has long term lease liabilities in relation to office properties which is carried at cost using the discount rate (Refer Note 15 Lease).