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Leases (Tables)
 12 Months Ended
Mar. 31, 2024
Leases  
Schedule of Finance Leases ROU assets and Finance Lease Liabilities

The following table shows ROU assets – finance leases and finance lease liabilities, and the associated financial statement line items as of March 31:

 

   2024   2023 
   As of March 31, 
   2024   2023 
   USD   USD 
Assets          
Right-of-use assets – finance lease, net   216,065    343,182 
           
Liabilities          
Finance lease liabilities, current   67,372    84,959 
Finance lease liabilities, non-current   114,495    216,373 
           
Weighted average remaining lease term (in years)   2.7    3.4 
Weighted average discount rate (%)   4.3    4.4 
Schedule of Information Relating to Financing and Operating Lease Activities

Information relating to financing and operating lease activities during the years ended March 31, 2024, 2023 and 2022 are as follows:

 

   2024   2023   2022 
   For the years ended March 31, 
   2024   2023   2022 
   USD   USD   USD 
Finance leases:               
Amortization of right-of-use assets – finance lease   79,521    74,671    51,892 
Interest of finance lease liabilities   10,294    20,031    8,053 
Total finance lease expense   89,815    94,702    59,945 
Operating lease:               
Expenses related to a short-term lease   37,179    33,333    21,260 
Operating lease cost   37,179    33,333    21,260 
                
Total lease expenses   126,994    128,035    81,205 
                
Cash outflows related to finance leases:               
Financing cash outflows – principal paid   119,465    131,456    43,750 
Operating cash outflows – interests paid   10,294    20,031    8,053 
Cash outflows related to finance leases   129,759    151,487    51,803 
                
Cash outflows related to operating lease:               
Operating cash outflows - rental paid   37,179    33,333    21,260 
Schedule of Maturity of Lease Payments under Finance Lease Liabilities

Maturities of lease payments under finance lease liabilities were as follows:

 

   2024   2023   2022 
   As of March 31, 
   2024   2023   2022 
   USD   USD   USD 
Year ending March 31,               
2023   -    -    51,803 
2024   -    96,508    46,577 
2025   73,757    96,508    30,898 
2026   69,683    82,954    17,345 
2027   49,207    49,207    - 
Total undiscounted finance lease payments   192,647    325,177    146,623 
Less: imputed interest   (10,780)   (23,845)   (11,015)
Finance lease liabilities recognized in the Consolidated Balance Sheet   181,867    301,332    135,608