2020 2021E 2022E 2023E

Equity Share Capital 500 500 500 500

Reserves and Surplus 63 229.5741 434.77971 684.71393
Total 563 729.5741 934.77971 1184.7139

Deferred Tax Liability 0 67.041027 138.27866 171.39273

Secured Loan 1375 1245 1115 985

Unsecured Loan 105 75 45 15
Total 1480 1320 1160 1000

Total Liabilities 2043 2116.6151 2233.0584 2356.1067

Gross Fixed Assets 1560 2770 2770 2770

Less: Accumulated Depreciation 156 433 710 987
Net Fixed Assets 1404 2337 2060 1783

Inventory 593.00 656.60 727.02 804.99

Sy Debtors 171.00 189.34 209.65 232.13
Cash 274 -624.53 -274.43 77.62

Sy Creditors 399.00 441.79 489.18 541.64

Net Current Assets 639.00 -220.38 173.06 573.11

Total Assets 2,043.00 2,116.62 2,233.06 2,356.11

 2024E 2025E
500 500
984.49718 1339.4933
1484.4972 1839.4933

176.69412 161.70502

855 725
0 0
855 725

2516.1913 2726.1983

2770 2770
1264 1541
1506 1229

891.33 986.92
257.03 284.59
461.57 889.73

599.73 664.05

1,010.19 1,497.20

2,516.19 2,726.20