Select year
(in Million)
Particulars
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Share Capital
102.60
102.60
102.60
102.60
102.60
Equity - Authorised
120.00
120.00
120.00
120.00
120.00
Equity - Issued
102.60
102.60
102.60
102.60
102.60
Equity Paid Up
102.60
102.60
102.60
102.60
102.60
Equity Shares Forfeited
0.00
0.00
0.00
0.00
0.00
Adjustments to Equity
0.00
0.00
0.00
0.00
0.00
Preference Capital Paid Up
0.00
0.00
0.00
0.00
0.00
Face Value
10.00
10.00
10.00
10.00
10.00
Share Warrants & Outstandings
0.00
0.00
0.00
0.00
0.00
Total Reserves
-400.67
-399.76
-358.81
-173.16
64.15
Securities Premium
132.25
132.25
132.25
132.25
132.25
Capital Reserves
0.00
0.00
0.00
0.00
0.00
Profit & Loss Account Balance
-532.92
-532.01
-491.06
-305.42
-68.11
General Reserves
0.00
0.00
0.00
0.00
0.00
Other Reserves
0.00
0.00
0.00
0.00
0.00
Reserve excluding Revaluation Reserve
-400.67
-399.76
-358.81
-173.16
64.15
Revaluation reserve
0.00
0.00
0.00
0.00
0.00
Shareholder's Funds
-298.06
-297.15
-256.20
-70.56
166.75
Minority Interest
0.00
0.00
0.00
0.00
0.00
Long-Term Borrowings
0.00
0.00
0.00
0.00
0.00
Secured Loans
0.30
0.17
25.46
26.81
59.57
Non Convertible Debentures
0.00
0.00
0.00
0.00
0.00
Converible Debentures & Bonds
0.00
0.00
0.00
0.00
0.00
Packing Credit - Bank
0.00
0.00
0.00
0.00
0.00
Inter Corporate & Security Deposit
0.00
0.00
0.00
0.00
0.00
Term Loans - Banks
24.15
66.65
72.50
72.50
57.18
Term Loans - Institutions
0.00
0.00
0.00
0.00
0.00
Other Secured
-23.85
-66.48
-47.04
-45.69
2.39
Unsecured Loans
16.84
16.54
17.52
17.50
21.56
Fixed Deposits - Public
0.00
0.00
0.00
0.00
0.00
Loans and advances from subsidiaries
0.00
0.00
0.00
0.00
0.00
Inter Corporate Deposits (Unsecured)
0.00
0.00
0.00
0.00
0.00
Foreign Currency Convertible Notes
0.00
0.00
0.00
0.00
0.00
Long Term Loan in Foreign Currency
0.00
0.00
0.00
0.00
0.00
Loans - Banks
0.00
0.00
0.00
2.10
5.18
Loans - Govt.
0.00
0.00
0.00
0.00
0.00
Loans - Others
17.38
17.08
18.07
18.42
39.90
Other Unsecured Loan
-0.54
-0.54
-0.54
-3.02
-23.52
Deferred Tax Assets / Liabilities
2.26
2.26
2.26
2.26
2.26
Deferred Tax Assets
2.00
2.00
2.00
2.00
2.00
Deferred Tax Liability
4.27
4.27
4.27
4.27
4.27
Other Long Term Liabilities
0.00
0.00
0.00
0.00
0.00
Long Term Trade Payables
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
0.40
0.86
0.18
3.11
2.28
Total Non-Current Liabilities
19.81
19.83
45.42
49.68
85.67
Trade Payables
111.68
107.35
110.56
155.01
107.48
Sundry Creditors
111.68
107.35
110.56
155.01
107.48
Acceptances
0.00
0.00
0.00
0.00
0.00
Due to Subsidiaries- Trade Payables
0.00
0.00
0.00
0.00
0.00
Other Current Liabilities
29.86
89.43
93.85
96.12
61.29
Bank Overdraft / Short term credit
0.00
0.00
0.00
0.00
0.00
Advances received from customers
0.74
10.91
13.53
12.49
3.32
Interest Accrued But Not Due
2.88
2.88
2.88
3.83
3.27
Share Application Money
0.00
0.00
0.00
0.00
0.00
Current maturity of Debentures & Bonds
0.00
0.00
0.00
0.00
0.00
Current maturity - Others
0.00
1.19
1.25
1.32
1.46
Other Liabilities
26.25
74.45
76.19
78.48
53.24
Short Term Borrowings
315.67
351.12
350.29
353.78
435.36
Secured ST Loans repayable on Demands
269.99
304.99
304.99
304.99
385.36
Working Capital Loans- Sec
269.99
304.99
304.99
304.99
385.36
Buyers Credits - Unsec
0.00
0.00
0.00
0.00
0.00
Commercial Borrowings- Unsec
0.00
0.00
0.00
0.00
0.00
Other Unsecured Loans
-224.31
-258.86
-259.70
-256.20
-335.36
Short Term Provisions
3.95
3.07
2.92
0.35
0.15
Proposed Equity Dividend
0.00
0.00
0.00
0.00
0.00
Provision for Corporate Dividend Tax
0.00
0.00
0.00
0.00
0.00
Provision for Tax
0.00
0.00
0.00
0.00
0.00
Provision for post retirement benefits
0.00
0.00
0.00
0.00
0.00
Preference Dividend
0.00
0.00
0.00
0.00
0.00
Other Provisions
3.95
3.07
2.92
0.35
0.15
Total Current Liabilities
461.16
550.97
557.62
605.26
604.29
Total Liabilities
182.90
273.64
346.83
584.38
856.71
Gross Block
143.19
196.78
197.11
188.74
71.08
Less: Accumulated Depreciation
43.76
40.47
37.22
32.26
26.60
Less: Impairment of Assets
0.00
0.00
0.00
0.00
0.00
Net Block
99.44
156.32
159.89
156.48
44.49
Lease Adjustment A/c
0.00
0.00
0.00
0.00
0.00
Capital Work in Progress
0.00
0.00
0.00
0.00
0.00
Non Current Investments
0.00
0.00
0.00
0.00
0.00
Long Term Investment
0.00
0.00
0.00
0.00
0.00
Quoted
0.00
0.00
0.00
0.00
0.00
Unquoted
0.00
0.00
0.00
0.00
0.00
Long Term Loans & Advances
2.24
7.24
2.29
2.24
2.30
Other Non Current Assets
0.15
0.15
0.05
0.05
4.48
Total Non-Current Assets
101.83
163.71
162.23
158.77
51.27
Current Assets Loans & Advances
Currents Investments
0.00
0.00
0.00
0.00
0.00
Quoted
0.00
0.00
0.00
0.00
0.00
Unquoted
0.00
0.00
0.00
0.00
0.00
Inventories
27.48
7.50
47.88
114.35
249.83
Raw Materials
24.65
4.60
38.94
65.18
125.70
Work-in Progress
0.17
0.71
2.05
12.11
54.07
Finished Goods
2.66
2.18
6.90
37.05
70.06
Packing Materials
0.00
0.00
0.00
0.00
0.00
Stores and Spare
0.00
0.00
0.00
0.00
0.00
Other Inventory
0.00
0.00
0.00
0.00
0.00
Sundry Debtors
28.68
76.26
113.19
275.43
506.54
Debtors more than Six months
134.87
259.95
95.80
157.88
146.49
Debtors Others
25.35
8.43
124.65
186.24
362.20
Cash and Bank
3.59
6.50
2.16
6.65
18.07
Cash in hand
0.10
1.21
0.46
5.71
11.02
Balances at Bank
3.49
5.29
1.70
0.94
7.05
Other cash and bank balances
0.00
0.00
0.00
0.00
0.00
Other Current Assets
0.03
0.07
0.06
0.05
0.29
Interest accrued on Investments
0.00
0.00
0.00
0.00
0.00
Interest accrued on Debentures
0.00
0.00
0.00
0.00
0.00
Deposits with Government
0.00
0.00
0.00
0.00
0.00
Interest accrued and or due on loans
0.00
0.00
0.00
0.00
0.00
Prepaid Expenses
0.03
0.07
0.06
0.05
0.29
Other current_assets
0.00
0.00
0.00
0.00
0.00
Short Term Loans and Advances
21.31
19.61
21.31
29.14
30.71
Advances recoverable in cash or in kind
10.69
11.32
11.73
15.33
14.27
Advance income tax and TDS
4.72
4.20
5.65
5.55
5.45
Amounts due from directors
0.00
0.00
0.00
0.00
0.00
Due From Subsidiaries
0.00
0.00
0.00
0.00
0.00
Inter corporate deposits
0.00
0.00
0.00
0.00
0.00
Corporate Deposits
0.00
0.00
0.00
0.00
0.00
Other Loans & Advances
5.91
4.09
3.93
8.26
10.98
Total Current Assets
81.08
109.94
184.60
425.62
805.44
Net Current Assets (Including Current Investments)
-380.08
-441.03
-373.01
-179.64
201.14
Miscellaneous Expenses not written off
0.00
0.00
0.00
0.00
0.00
Total Assets
182.90
273.64
346.83
584.38
856.71
Contingent Liabilities
0.00
0.45
2.08
85.82
22.98
Total Debt
357.51
436.22
467.56
475.01
566.57
Book Value
-29.05
-28.96
-24.97
-6.88
16.25
Adjusted Book Value
-29.05
-28.96
-24.97
-6.88
16.25