Select year
(in Million)
Particulars
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Share Capital
122.50
42.50
42.50
42.50
Equity - Authorised
125.10
125.10
45.10
45.10
Equity - Issued
122.50
42.50
42.50
42.50
Equity Paid Up
122.50
42.50
42.50
42.50
Equity Shares Forfeited
0.00
0.00
0.00
0.00
Adjustments to Equity
0.00
0.00
0.00
0.00
Preference Capital Paid Up
0.00
0.00
0.00
0.00
Face Value
10.00
10.00
10.00
10.00
Share Warrants & Outstandings
0.00
0.00
0.00
0.00
Total Reserves
188.50
17.80
6.86
0.79
Securities Premium
167.80
0.00
0.00
0.00
Capital Reserves
0.00
0.00
0.00
0.00
Profit & Loss Account Balance
20.70
17.80
6.86
0.79
General Reserves
0.00
0.00
0.00
0.00
Other Reserves
0.00
0.00
0.00
0.00
Reserve excluding Revaluation Reserve
188.50
17.80
6.86
0.79
Revaluation reserve
0.00
0.00
0.00
0.00
Shareholder's Funds
311.00
60.30
49.36
43.29
Minority Interest
0.00
0.00
0.00
0.00
Long-Term Borrowings
0.00
0.00
0.00
0.00
Secured Loans
21.60
81.80
98.67
67.79
Non Convertible Debentures
0.00
0.00
0.00
0.00
Converible Debentures & Bonds
0.00
0.00
0.00
0.00
Packing Credit - Bank
0.00
0.00
0.00
0.00
Inter Corporate & Security Deposit
0.00
0.00
0.00
0.00
Term Loans - Banks
21.60
81.80
114.29
70.19
Term Loans - Institutions
0.00
0.00
0.00
0.00
Other Secured
0.00
0.00
-15.62
-2.40
Unsecured Loans
0.00
16.10
1.79
56.84
Fixed Deposits - Public
0.00
0.00
0.00
0.00
Loans and advances from subsidiaries
0.00
0.00
0.00
0.00
Inter Corporate Deposits (Unsecured)
0.00
0.00
0.00
0.00
Foreign Currency Convertible Notes
0.00
0.00
0.00
0.00
Long Term Loan in Foreign Currency
0.00
0.00
0.00
0.00
Loans - Banks
0.00
0.00
0.00
0.00
Loans - Govt.
0.00
0.00
0.00
0.00
Loans - Others
0.00
16.10
1.79
56.84
Other Unsecured Loan
0.00
0.00
0.00
0.00
Deferred Tax Assets / Liabilities
3.20
3.80
0.90
0.51
Deferred Tax Assets
0.00
0.00
0.00
0.00
Deferred Tax Liability
3.20
3.80
0.90
0.51
Other Long Term Liabilities
0.00
0.00
0.00
0.00
Long Term Trade Payables
0.00
0.00
0.00
0.00
Long Term Provisions
0.40
0.20
0.14
0.03
Total Non-Current Liabilities
25.20
101.90
101.50
125.17
Trade Payables
27.40
17.20
14.67
8.43
Sundry Creditors
27.40
17.20
14.67
8.43
Acceptances
0.00
0.00
0.00
0.00
Due to Subsidiaries- Trade Payables
0.00
0.00
0.00
0.00
Other Current Liabilities
1.50
18.90
15.87
2.64
Bank Overdraft / Short term credit
0.00
0.00
0.00
0.00
Advances received from customers
0.70
2.00
0.00
0.00
Interest Accrued But Not Due
0.00
0.00
0.00
0.00
Share Application Money
0.00
0.00
0.00
0.00
Current maturity of Debentures & Bonds
0.00
0.00
0.00
0.00
Current maturity - Others
0.00
0.00
15.62
2.40
Other Liabilities
0.80
16.90
0.25
0.24
Short Term Borrowings
87.10
85.40
88.71
62.56
Secured ST Loans repayable on Demands
87.10
85.40
88.71
62.56
Working Capital Loans- Sec
87.10
85.40
0.00
0.00
Buyers Credits - Unsec
0.00
0.00
0.00
0.00
Commercial Borrowings- Unsec
0.00
0.00
0.00
0.00
Other Unsecured Loans
-87.10
-85.40
0.00
0.00
Short Term Provisions
7.40
3.00
1.23
0.90
Proposed Equity Dividend
0.00
0.00
0.00
0.00
Provision for Corporate Dividend Tax
0.00
0.00
0.00
0.00
Provision for Tax
7.40
3.00
0.85
0.31
Provision for post retirement benefits
0.00
0.00
0.00
0.00
Preference Dividend
0.00
0.00
0.00
0.00
Other Provisions
0.00
0.00
0.39
0.60
Total Current Liabilities
123.40
124.50
120.48
74.54
Total Liabilities
459.60
286.70
271.33
243.00
Gross Block
121.00
119.20
108.74
98.77
Less: Accumulated Depreciation
55.90
43.20
28.80
10.27
Less: Impairment of Assets
0.00
0.00
0.00
0.00
Net Block
65.10
76.00
79.94
88.50
Lease Adjustment A/c
0.00
0.00
0.00
0.00
Capital Work in Progress
0.00
0.00
0.00
0.00
Non Current Investments
0.00
0.00
2.22
2.11
Long Term Investment
0.00
0.00
2.22
2.11
Quoted
0.00
0.00
0.00
0.00
Unquoted
0.00
0.00
2.22
2.11
Long Term Loans & Advances
3.70
1.60
3.09
2.02
Other Non Current Assets
0.00
0.00
0.00
0.00
Total Non-Current Assets
68.80
77.60
85.25
92.62
Current Assets Loans & Advances
Currents Investments
0.00
0.00
0.00
0.00
Quoted
0.00
0.00
0.00
0.00
Unquoted
0.00
0.00
0.00
0.00
Inventories
112.60
86.80
83.04
114.89
Raw Materials
44.90
6.40
3.38
1.21
Work-in Progress
26.60
4.90
0.00
0.00
Finished Goods
41.10
75.50
79.66
113.68
Packing Materials
0.00
0.00
0.00
0.00
Stores and Spare
0.00
0.00
0.00
0.00
Other Inventory
0.00
0.00
0.00
0.00
Sundry Debtors
193.60
104.60
47.97
15.17
Debtors more than Six months
18.80
14.90
47.97
15.17
Debtors Others
174.80
89.70
0.00
0.00
Cash and Bank
0.30
0.50
1.43
0.72
Cash in hand
0.30
0.50
0.22
0.72
Balances at Bank
0.00
0.00
1.21
0.00
Other cash and bank balances
0.00
0.00
0.00
0.00
Other Current Assets
2.40
2.30
22.32
16.66
Interest accrued on Investments
0.00
0.00
0.00
0.00
Interest accrued on Debentures
0.00
0.00
0.00
0.00
Deposits with Government
0.00
0.00
0.00
0.00
Interest accrued and or due on loans
0.00
0.00
0.00
0.00
Prepaid Expenses
1.70
2.10
0.18
0.23
Other current_assets
0.70
0.20
22.13
16.44
Short Term Loans and Advances
81.90
14.90
31.33
2.93
Advances recoverable in cash or in kind
62.30
1.00
31.28
2.91
Advance income tax and TDS
0.00
0.00
0.00
0.00
Amounts due from directors
0.00
0.00
0.00
0.00
Due From Subsidiaries
0.00
0.00
0.00
0.00
Inter corporate deposits
0.00
0.00
0.00
0.00
Corporate Deposits
0.00
0.00
0.00
0.00
Other Loans & Advances
19.60
13.90
0.05
0.02
Total Current Assets
390.80
209.10
186.08
150.38
Net Current Assets (Including Current Investments)
267.40
84.60
65.60
75.84
Miscellaneous Expenses not written off
0.00
0.00
0.00
0.00
Total Assets
459.60
286.70
271.33
243.00
Contingent Liabilities
0.00
0.00
0.00
0.00
Total Debt
108.70
199.60
204.79
189.59
Book Value
25.39
14.19
11.61
10.19
Adjusted Book Value
25.39
7.47
6.11
5.36