Apex Ecotech

Apex Ecotech Limited is an Indian public company whose financial statements are audited to provide a true and fair view of its financial position and performance. Its accounting is based on the historical cost convention, with financial statements prepared to comply with Indian GAAP and the provisions of the Companies Act, 2013. The company's core business involves selling goods like sewage treatment plants, recognizing revenue only when ownership risks and rewards have passed to the customer. It also provides services where income is recorded as the services are delivered, based on specific agreements with its clients, complementing its product division. The company ensures proper records for all its assets are maintained, including full quantitative details and the physical location of property, plant, and equipment. This operational diligence supported a growth in its Return on Equity for the year, which was driven by an increase in Profit After Tax (PAT).;