XML 17 R6.htm IDEA: XBRL DOCUMENT v3.6.0.2
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:    
Net income (loss) $ (1,083) $ (1,439)
Adjustment to reconcile net income (loss) to net cash:    
Depreciation 392 448
Unrealized foreign exchange gain/(loss) 0 140
Loss from Investments /joint venture /associates 179 0
Non-cash interest expenses 104 75
ESOP and other stock related expenses 0 99
IR and other shares 0 184
Changes in:    
Accounts receivable 300 211
Inventories 162 159
Prepaid expenses and other assets (68) 477
Trade payables 48 (17)
Other current liabilities (250) (171)
Other non-current liabilities (32) 13
Other non-current assets (16) (1)
Accrued Expenses (219) (174)
Net cash provided/(used) in operating activities (483) 4
Cash flow from investing activities:    
Proceeds from short-term investment (28) 0
Purchase of property and equipment (129) (1)
Deposit towards acquisition (net of cash acquired) (114) 0
Capital work in progress   36
Net cash provided/(used) by investing activities (271) 35
Cash flows from financing activities:    
Issuance of equity stock for cash 439 332
Net movement in short-term borrowings (28) (748)
Proceeds /(repayment) from long-term borrowing (911) (47)
Proceeds from loans 379 196
Net cash provided/(used) by financing activities (121) (267)
Effects of exchange rate changes on cash and cash equivalents 128 12
Net increase/(decrease) in cash and cash equivalents (747) (216)
Cash and cash equivalent at the beginning of the period 1,491 824
Cash and cash equivalent at the end of the period 744 608
Supplementary information:    
Cash paid for interest 32 105
Non-cash items:    
Common stock issued for interest payment on notes payable 104 75
Common stock issued including ESOP, Consultancy and IR $ 0 $ 283