Select year
(in Million)
Particulars
Mar 2003
Mar 2002
Mar 2001
Mar 2000
Mar 1999
Share Capital
46.56
46.56
46.56
46.56
46.56
Equity - Authorised
50.00
50.00
50.00
50.00
50.00
Equity - Issued
47.65
47.65
47.65
47.65
47.65
Equity Paid Up
46.17
46.17
46.17
46.17
46.17
Equity Shares Forfeited
0.39
0.39
0.39
0.39
0.39
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
-22.89
-7.95
-84.13
-108.35
-132.84
Securities Premium
0.00
0.00
0.00
0.00
0.00
Capital Reserves
0.00
0.00
0.00
0.00
0.00
Profit & Loss Account Balance
-25.39
-10.45
-86.63
-110.85
-135.34
General Reserves
0.00
0.00
0.00
0.00
0.00
Other Reserves
2.50
2.50
2.50
2.50
2.50
Reserve excluding Revaluation Reserve
-22.89
-7.95
-84.13
-108.35
-132.84
Revaluation reserve
0.00
0.00
0.00
0.00
0.00
Shareholder's Funds
23.67
38.62
-37.57
-61.79
-86.28
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
73.31
70.07
144.68
144.83
146.59
Non Convertible Debentures
0.00
0.50
0.50
0.50
0.50
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
0.00
0.92
9.15
9.95
11.91
Term Loans - Institutions
7.08
7.08
15.32
15.32
15.82
Other Secured
66.23
61.56
119.72
119.06
118.36
Unsecured Loans
11.77
6.15
6.25
6.25
6.25
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
6.15
6.15
6.15
6.15
6.15
Loans - Govt.
0.00
0.00
0.00
0.00
0.00
Loans - Others
0.00
0.00
0.00
0.00
0.00
Other Unsecured Loan
5.63
0.00
0.11
0.11
0.11
Deferred Tax Assets / Liabilities
-15.58
-20.45
0.00
0.00
0.00
Deferred Tax Assets
22.52
25.59
0.00
0.00
0.00
Deferred Tax Liability
6.95
5.14
0.00
0.00
0.00
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
0.00
0.00
0.00
0.00
0.00
Total Non-Current Liabilities
69.50
55.77
150.94
151.08
152.84
Trade Payables
60.66
0.60
1.09
1.10
1.18
Sundry Creditors
60.66
0.60
1.09
1.10
1.18
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
40.30
0.11
1.46
1.46
1.76
Bank Overdraft / Short term credit
0.00
0.00
0.00
0.00
0.00
Advances received from customers
0.00
0.00
0.00
0.00
0.86
Interest Accrued But Not Due
0.00
0.00
0.00
0.00
0.00
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
0.00
0.00
0.00
0.00
Other Liabilities
40.30
0.11
1.46
1.46
0.90
Short Term Borrowings
0.00
0.00
0.00
0.00
0.00
Secured ST Loans repayable on Demands
0.00
0.00
0.00
0.00
0.00
Working Capital Loans- Sec
0.00
0.00
0.00
0.00
0.00
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
0.00
0.00
0.00
0.00
0.00
Short Term Provisions
0.00
0.00
0.00
0.00
0.00
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
0.00
0.00
0.00
0.00
0.00
Total Current Liabilities
100.96
0.70
2.54
2.56
2.94
Total Liabilities
194.14
95.09
115.91
91.85
69.51
Gross Block
268.83
175.52
175.52
175.52
176.35
Less: Accumulated Depreciation
207.81
153.93
152.42
150.05
147.77
Less: Impairment of Assets
0.00
0.00
0.00
0.00
0.00
Net Block
61.02
21.58
23.09
25.46
28.58
Lease Adjustment A/c
0.00
0.00
0.00
0.00
0.00
Capital Work in Progress
0.08
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
0.00
0.00
0.00
0.00
0.00
Other Non Current Assets
0.00
0.00
0.00
0.00
0.00
Total Non-Current Assets
61.10
21.58
23.10
25.47
28.58
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
66.04
0.00
0.24
0.54
0.54
Raw Materials
3.61
0.00
0.00
0.00
0.00
Work-in Progress
33.87
0.00
0.00
0.00
0.00
Finished Goods
17.83
0.00
0.00
0.00
0.00
Packing Materials
0.00
0.00
0.00
0.00
0.00
Stores and Spare
7.18
0.00
0.00
0.00
0.00
Other Inventory
3.56
0.00
0.24
0.54
0.54
Sundry Debtors
51.51
71.04
89.72
62.99
37.52
Debtors more than Six months
40.86
71.04
73.72
46.99
23.98
Debtors Others
10.65
0.00
16.00
16.00
13.54
Cash and Bank
3.34
0.01
0.01
0.01
0.01
Cash in hand
0.49
0.00
0.00
0.00
0.00
Balances at Bank
2.85
0.01
0.01
0.00
0.00
Other cash and bank balances
0.00
0.00
0.01
0.01
0.01
Other Current Assets
0.00
0.00
2.43
2.43
2.43
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
2.43
2.43
2.43
Interest accrued and or due on loans
0.00
0.00
0.00
0.00
0.00
Prepaid Expenses
0.00
0.00
0.00
0.00
0.00
Other current_assets
0.00
0.00
0.00
0.00
0.00
Short Term Loans and Advances
10.04
2.46
0.42
0.42
0.42
Advances recoverable in cash or in kind
5.25
0.03
0.42
0.42
0.42
Advance income tax and TDS
0.00
0.00
0.00
0.00
0.00
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
4.78
2.43
0.00
0.00
0.00
Total Current Assets
130.93
73.50
92.81
66.38
40.92
Net Current Assets (Including Current Investments)
29.97
72.80
90.27
63.83
37.98
Miscellaneous Expenses not written off
2.10
0.00
0.00
0.00
0.00
Total Assets
194.14
95.09
115.91
91.85
69.51
Contingent Liabilities
27.98
16.93
16.93
36.93
36.93
Total Debt
85.08
76.21
150.94
151.08
152.84
Book Value
4.59
8.28
-8.22
-13.47
-18.77
Adjusted Book Value
4.59
8.28
-8.22
-13.47
-18.77