Balance Sheet as at 31st March 2022 (All amounts in ₹ Lakhs, unless otherwise stated)

Particulars As at 31st March 2022As at 31st March 2021

I ASSETS
1. Non-current Assets
(a) Property, Plant and Equipment 156885 101272
(b) Capital Work-in-progress 15565 36873
(c) Investment Property 506 530
(d) Other Intangible Assets 45912 20549
(e) Intangible Assets under development 14650 35612
(f) Financial Assets
(i) Investments 15379 12631
(ii) Loans and Advances 1556 1507
(g) Deferred Tax Assets (Net) 9408 5760
(h) Other Non-current Assets 7846 23477
Total Non-current Assets 267707 238211
2. Current Assets
(a) Inventories 63713 55782
(b) Financial Assets
(i) Trade Receivables 18938 12599
(ii) Cash and Cash equivalents 6975 3212
(iii) Bank Balance other than (ii) above 221 226
(iv) Loans and Advances 55 107
(v) Other Financial Assets 15 6292
(c) Current Tax Assets (Net) 1050 1297
(d) Other Current Assets 11127 8097
Total Current Assets 102094 87612
Total Assets 369801 325823
II EQUITY AND LIABILITIES
1. Equity
(a) Equity Share Capital 1318 1318
(b) Other Equity 177376 184730
Total Equity 178694 186048
2. Liabilities
Non-current Liabilities
(a) Financial Liabilities
Borrowings 60055 49378
(b) Provisions 2691 2951

(c) Other Non-current Liabilities 102 88

Total Non-current Liabilities 62848 52417
Current Liabilities
(a) Financial Liabilities
(i) Borrowings 46827 14864
(ii) Trade Payables
Total outstanding dues of Micro and Small ente 384 242
Total outstanding dues other than Micro and Sm 51306 43765
(iii) Other Financial Liabilities 6272 4599
(b) Other Current Liabilities 10652 8522
(c) Provisions 12818 15366
Total Current Liabilities 128259 87358
Total Liabilities 191107 139775
Total Equity and Liabilities 369801 325823
1st March 2021
Horizontal Analysis Vertical Analysis
2022 2021
54.91% 42.42% 31.08%
-57.79% 4.21% 11.32%
-4.53% 0.14% 0.16%
123.43% 12.42% 6.31%
-58.86% 3.96% 10.93%

21.76% 4.16% 3.88%

3.25% 0.42% 0.46%
63.33% 2.54% 1.77%
-66.58% 2.12% 7.21%
12.38% 72.39% 73.11%

14.22% 17.23% 17.12%

50.31% 5.12% 3.87%

117.15% 1.89% 0.99%
-2.21% 0.06% 0.07%
-48.60% 0.01% 0.03%
-99.76% 0.00% 1.93%
-19.04% 0.28% 0.40%
37.42% 3.01% 2.49%
16.53% 27.61% 26.89%
13.50% 100.00% 100.00%

0.00% 0.36% 0.40%

-3.98% 47.97% 56.70%
-3.95% 48.32% 57.10%

21.62% 16.24% 15.15%

-8.81% 0.73% 0.91%

15.91% 0.03% 0.03%

19.90% 17.00% 16.09%

215.04% 12.66% 4.56%

58.68% 0.10% 0.07%

17.23% 13.87% 13.43%
36.38% 1.70% 1.41%
 24.99% 2.88% 2.62%
-16.58% 3.47% 4.72%
46.82% 34.68% 26.81%
36.72% 51.68% 42.90%
13.50% 100.00% 100.00%
 Statement of Profit and Loss for the year ended 31st March 2022
(All amounts in Lakhs, unless otherwise stated)

Particulars For the year ended

31st March 2022

I INCOME
(a) Revenue from Operations 324004
(b) Other Income 5188
Total Income 329192
II EXPENSES
(a) Cost of Materials consumed 258143
(b) Changes in Inventories of Finished Goods and Work-in-p 3778
(c) Employee benefits expense 36808
(d) Finance costs 4104
(e) Depreciation and Amortization expense 19094
(f) Other expenses 26878
(g) Expenditure included in the above items capitalized -8278
Total Expenses 340527
III Profit before exceptional items and tax -11335
IV Exceptional Items
V Profit Before Tax -11335
VI Tax Expense
(a) Current Tax
(b) Deferred Tax -3874
(c) Taxation in respect of earlier years -1
Total Tax Expense -3875
VII Profit for the year -7460
VIII Other Comprehensive Income :
(a) Items that will not be reclassified to Profit or Loss
(i) Re-measurements of net defined benefit liability 477
(ii) Equity instrument through Other Comprehensive
515
Income
992
(b) Income tax relating to items that will not be reclassified to
Profit(i)or Loss
Taxes on re-measurements of net defined benefit
-167
liability
(ii) Taxes on Equity instrument through Other
-60
comprehensive Income
-227
Total Other Comprehensive Income 765
Total Comprehensive Income for the year (Comprising
IX -6695
Profit andDiluted
Basic and Other Comprehensive Income
Earnings per equity for (Nominal
share the year) value
X 57
per share 10/-)
March 2022
d)

For the year ended 31st

March 2021
Horizontal
Vertical Analysis
2022 2021
198782 62.99% 100.00% 100.00%
2489 108.44% 1.60% 1.25%
201271 63.56% 101.60% 101.25%

152036 69.79% 79.67% 76.48%

-2665 -241.76% 1.17% -1.34%
35115 4.82% 11.36% 17.67%
2822 45.43% 1.27% 1.42%
17367 9.94% 5.89% 8.74%
26319 2.12% 8.30% 13.24%
-13296 -37.74% -2.55% -6.69%
217698 56.42% 105.10% 109.52%
-16427 -31.00% -3.50% -8.26%

-16427 -31.00% -3.50% -8.26%

-5241 -26.08% -1.20% -2.64%

0.00% 0.00%
-5241 -26.06% -1.20% -2.64%
-11186 -33.31% -2.30% -5.63%

271 76.01% 0.15% 0.14%

897 -42.59% 0.16% 0.45%
1168 -15.07% 0.31% 0.59%

-94 77.66% -0.05% -0.05%

-93 -35.48% -0.02% -0.05%
-187 21.39% -0.07% -0.09%
981 -22.02% 0.24% 0.49%
-10205 -34.39% -2.07% -5.13%
85 -33.31% 0.02% 0.04%
 Statement of Cash flows for the year 31st March of 2022
(All amounts in Lakhs, unless otherwise stated) 31st March 2022 31st March 2021
A Cash Flow from operating Activities
Profit Before Tax -11335 -16427
Adjustments for-
Depreciation and Amortization Expense 19094 17367
Net Exchange Difference (unrealised) -250 -394
Interest Income -14 -311
Dividend income on equity securities -7
Loss/Gain on disposal of Property, Plant and equip -72 2225
Finance Costs 4104 2822
Inventory write down 37 240
Operating profit before Working Capital Adjustmen 11557 5522
Working capital Adjustments
(Increase)/ Decrease in -
Trade Receivables -6340 4337
Inventories -7969 -869
Other Financial Assets 7 96
Other Non-Financial Assets -3029 -22
Trade Payables 7612 1048
Financial Liabilities -84 222
Non-Financial Liabilities 2144 -8180
Provisions -2331 -1182
Cash Generated from operations 1567 972
Income Tax Paid (Net) 249 -265
Net Cash flow from/(used in) Operating Activities 1816 707

B Cash Flow from Investing Activities

Payments for Property, plant and equipment and Int -40721 -45324
Proceeds from sale of Property, plant and equipmen 6583 80
Deposits with Financial institution 13500
Interest Received 9 1031
Investments in Joint Venture -2234 -2550
Dividends Received 7
Net Cash flow from/(used in) Investing Activities -36356 -33263

C Cash Flow from Financing Activities

Proceeds from / (Repayment of) borrowings 42916 33474
Interest Paid -3998 -2811
Dividends paid (Including dividend distribution tax) -659 -1318
Net Cash flow from/(used in) Financing Activities 38259 29345

Net Increase / (Decrease) in Cash and Cash Equival 3719 -3211

Cash and Cash Equivalents at the beginning of the Fi 3192 6403
Cash and Cash Equivalents at the end of the Financia 6911 3192
Cash and Cash Equivalents as per Note 12 6975 3212
Effects of exchange rate fluctuations on cash and ca -64 -20
6911 3192
Horizontal Anlysis

-31.00%

9.94%
-36.55%
-95.50%

-103.24%
45.43%
-84.58%
109.29%

-246.18%
817.03%
-92.71%
13668.18%
626.34%
-137.84%
-126.21%
97.21%
61.21%
-193.96%
156.86%

-10.16%
8128.75%
-100.00%
-99.13%
-12.39%

9.30%

28.21%
42.23%
-50.00%
30.38%

-215.82%
-50.15%
116.51%
117.15%
220.00%
116.51%
Current Ratio

Quick Ratio

Debt Equity Ratio

Debt to Capital Employed Ratio

Proprietary Ratio

Total Assets to Debt Ratio

Interest Coverage Ratio

Inventory Turnover

Trade receivable Turnover

Trade payable Turnover;

Investment (Net assets) Turnover

or Capital Employed Turnover

Fixed assets Turnover

Working capital Turnover

Average Payment Period

Gross profit ratio

Operating profit ratio

Net profit ratio

Return on Investment (ROI) or Return on Capital Employed (ROCE)

Return on Net Worth (RONW)

Return on Shareholders’ Funds

Earnings per share

 2022 2021 2022 2021
Current Assets 102,094.00 87,612.00 0.79599872134 1.00290757572
Current Liabilities 128,259.00 87,358.00

Quick Assets 37,331.00 30,533.00 0.2910594968 0.34951578562

Current Liabilities 128,259.00 87,358.00

Long term Debts 62,848.00 52,417.00 0.1103350188 0.12220976086

Shareholders' Funds 178694 186048
Total Debts
62,848.00 52,417.00 0.16995086547 0.16087569018
Total Assets 369,801.00 325,823.00

Shareholders, Funds 178,694.00 186,048.00 0.73980508566 0.78018996498

Capital employed (or net assets) 241,542.00 238,465.00

Total Assets 369,801.00 325,823.00 5.88405358961 6.21597954862

Long term debts 62,848.00 52,417.00

Net Profit before Interest and Tax -15439 -19249 -3.7619395712 -6.8210489015

Interest on long-term debts 4,104.00 2,822.00

Cost of Goods Sold 261,921.00 149,371.00 4.11095066941 2.67776343623

Average Inventory 63,713.00 55,782.00

Net Credit Revenue from Operations 324,004.00 198,782.00 17.1086703981 15.7776013969

Average Trade Receivable 18,938.00 12,599.00

Net Credit purchases 258,143.00 152,036.00 4.99406074676 3.45481400686

Average trade payable 51,690.00 44,007.00

Revenue from Operation 324,004.00 198,782.00 1.34139818334 0.83358983499

Capital Employed 241,542.00 238,465.00

Net Revenue from Operation 324,004.00 198,782.00 1.38749047183 1.02025293067

Net Fixed Assets 233,518.00 194,836.00

Net Revenue from Operation 324,004.00 198,782.00 -12.383107204 782.606299213

Working Capital -26,165.00 254.00

No. of days/month in a year 360 360 72.0856269587 104.202425741

Trade Payables Turnover Ratio 4.99406074676 3.45481400686
Gross Profit 62,083.00 49,411.00 19.16% 24.86%
Net Revenue from Operations × 100 324,004.00 198,782.00

Operating Profit/ -7,231.00 -13,605.00 -2.23% -6.84%

Revenue from Operations × 100 324,004.00 198,782.00

Net profit/ -7460 -11186 -2.30% -5.63%

Revenue from Operations × 100 324,004.00 198,782.00

Profit before Interest and Tax/ -7,231.00 -13,605.00 27.64% -5356.30%

Capital Employed × 100 -26,165.00 254.00

Profit after Tax -7460 -11186 -4.17% -6.01%

Shareholders' Funds *100 178,694.00 186,048.00

Profit available for equity shareholders/ 765 981 5.80424886191 7.44309559939

Number of Equity Shares 1,318.00 1,318.00
Long Term Debt = Long-term borrowings

Shareholders’ Funds (Equity) = Share capital + Reserves and Surplus +Money received against share warrants
Share Capital = Equity share capital + Preference share capital

Capital Employed = Shareholders’ Funds + Long-term borrowings

COGS= COST OF REV+PURCHOFST+CHANGE

(Opening Debtors and Bills Receivable + Closing Debtors and Bills Receivable)/2
Net Purchases = Cash Purchases + Credit Purchases – Return Outwards
(Opening Creditors and Bills Payable +
Closing Creditors and Bills Payable)/2
Revenue from Operations = Cash Revenue from Operations + Credit Revenue fromOpration

Cost of Revenue from operations = Purchases + (Opening Inventory – Closing Inventory) +

Where Operating Profit = Revenue from Operations – Operating Cost
Operating Cost = Cost of Revenue from Operations + Selling Expenses+ Administrative Expenses