Select year
(in Million)
Particulars
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Share Capital
59.93
59.93
59.93
59.93
59.93
Equity - Authorised
70.00
70.00
70.00
70.00
70.00
Equity - Issued
59.93
59.93
59.93
59.93
59.93
Equity Paid Up
59.93
59.93
59.93
59.93
59.93
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
-234.97
-123.30
-28.16
52.44
46.22
Securities Premium
31.77
31.77
25.26
25.26
25.26
Capital Reserves
0.00
0.00
0.00
0.00
0.00
Profit & Loss Account Balance
-280.41
-155.07
-53.42
27.18
20.95
General Reserves
0.00
0.00
0.00
0.00
0.00
Other Reserves
13.67
0.00
0.00
0.00
0.00
Reserve excluding Revaluation Reserve
-234.97
-123.30
-28.16
52.44
46.22
Revaluation reserve
0.00
0.00
0.00
0.00
0.00
Shareholder's Funds
-175.05
-63.37
31.77
112.37
106.14
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
106.79
106.79
62.10
2.41
2.80
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
106.79
106.79
60.08
0.00
0.00
Term Loans - Institutions
0.00
0.00
0.14
0.26
0.39
Other Secured
0.00
0.00
1.89
2.15
2.41
Unsecured Loans
4.96
4.96
8.38
15.34
6.62
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
3.24
0.00
2.13
Loans - Govt.
0.00
0.00
0.00
0.00
0.00
Loans - Others
0.00
0.00
14.11
19.07
9.85
Other Unsecured Loan
4.96
4.96
-8.97
-3.72
-5.37
Deferred Tax Assets / Liabilities
-0.20
-0.20
-0.09
-0.04
0.04
Deferred Tax Assets
0.20
0.20
0.09
0.08
0.00
Deferred Tax Liability
0.00
0.00
0.00
0.04
0.04
Other Long Term Liabilities
0.00
0.00
0.00
0.00
0.45
Long Term Trade Payables
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
0.00
0.31
0.31
0.24
0.18
Total Non-Current Liabilities
111.56
111.87
70.71
17.96
10.08
Trade Payables
4.45
10.70
22.80
66.67
28.49
Sundry Creditors
4.45
10.70
22.80
66.67
28.49
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
0.00
6.54
9.01
3.76
5.38
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
0.00
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
0.00
6.54
9.01
3.76
5.38
Short Term Borrowings
110.72
105.97
144.59
145.62
113.97
Secured ST Loans repayable on Demands
102.79
102.79
144.37
145.62
111.13
Working Capital Loans- Sec
102.79
102.79
144.37
145.62
111.13
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
-94.87
-99.62
-144.15
-145.62
-108.29
Short Term Provisions
6.42
6.11
2.96
3.37
6.05
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
2.08
2.08
2.77
3.09
5.26
Provision for post retirement benefits
0.02
0.02
0.12
-0.31
0.48
Preference Dividend
0.00
0.00
0.00
0.00
0.00
Other Provisions
4.33
4.01
0.07
0.59
0.32
Total Current Liabilities
121.60
129.31
179.36
219.41
153.90
Total Liabilities
58.10
177.81
281.84
349.74
270.12
Gross Block
2.95
6.91
11.96
11.85
11.14
Less: Accumulated Depreciation
2.95
2.95
4.29
2.93
1.32
Less: Impairment of Assets
0.00
0.00
0.00
0.00
0.00
Net Block
0.00
3.96
7.68
8.92
9.82
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
14.03
Long Term Investment
0.00
0.00
0.00
0.00
14.03
Quoted
0.00
0.00
0.00
0.00
0.00
Unquoted
0.00
0.00
0.00
0.00
14.03
Long Term Loans & Advances
0.00
1.08
1.08
2.55
1.66
Other Non Current Assets
0.00
0.00
0.00
0.00
0.00
Total Non-Current Assets
0.00
5.04
8.75
11.46
25.51
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
7.37
52.91
145.49
159.56
150.24
Raw Materials
0.00
0.00
0.00
0.00
0.00
Work-in Progress
0.00
0.00
0.00
0.00
0.00
Finished Goods
0.00
0.00
0.00
0.00
0.00
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
7.37
52.91
145.49
159.56
150.24
Sundry Debtors
27.89
98.27
83.76
121.78
61.16
Debtors more than Six months
0.00
0.00
18.27
14.04
1.22
Debtors Others
27.89
98.27
65.49
107.74
59.95
Cash and Bank
0.00
0.55
36.89
45.09
19.47
Cash in hand
0.00
0.20
0.05
3.18
1.89
Balances at Bank
0.00
0.35
36.84
41.91
17.59
Other cash and bank balances
0.00
0.00
0.00
0.00
0.00
Other Current Assets
0.00
0.00
3.21
3.39
4.78
Interest accrued on Investments
0.00
0.00
1.29
1.14
0.10
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
0.00
0.00
0.00
0.32
2.01
Other current_assets
0.00
0.00
1.92
1.92
2.68
Short Term Loans and Advances
22.84
21.04
3.73
8.46
8.96
Advances recoverable in cash or in kind
17.52
17.89
0.31
3.20
0.38
Advance income tax and TDS
0.44
0.44
0.70
1.27
2.34
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
4.87
2.71
2.72
4.00
6.24
Total Current Assets
58.10
172.77
273.08
338.28
244.61
Net Current Assets (Including Current Investments)
-63.49
43.46
93.72
118.87
90.71
Miscellaneous Expenses not written off
0.00
0.00
0.00
0.00
0.00
Total Assets
58.10
177.81
281.84
349.74
270.12
Contingent Liabilities
0.10
0.10
0.10
0.10
0.03
Total Debt
222.47
224.22
224.05
167.10
128.76
Book Value
-29.21
-10.57
5.30
18.75
17.71
Adjusted Book Value
-29.21
-10.57
5.30
18.75
17.71