Net sales/income from operations (Net of excise duty)

80,385

120,432

137,097

148,448

162,329

192,259

227,380

Total income from operations (net)

80,998

121,205

139,552

150,899

164,998

195,636

230,985

Total expenses

59,653

95,569

107,671

116,556

127,113

156,116

182,342

EBITDA

21,345

25,636

31,881

34,343

37,885

39,519

48,643

Profit/(Loss) from ordinary activities before exceptional items

15,325

21,679

27,429

30,558

32,381

31,767

37,843

Profit Before Tax

15,325

21,679

27,429

30,558

32,381

30,887

37,582

Net Profit /(Loss)

11,691

15,713

20,221

22,962

24,198

23,618

28,447

Net Profit/(Loss) after minority interest

11,729

15,758

20,251

23,017

24,232

23,647

28,281

Rs. Million
Profit and Loss Account	FY13-14	FY14-15	FY15-16	FY16-17	FY17-18	FY18-19	FY19-20
Net sales/income from operations (Net of excise duty)	80,385	120,432	137,097	148,448	162,329	192,259	227,380
Other operating income	613	773	2,455	2,451	2,670	3,376	3,606
Total income from operations (net)	80,998	121,205	139,552	150,899	164,998	195,636	230,985
Expenses
Cost of material consumed	35,231	41,228	48,256	51,849	56,294	74,450	77,250
Purchase of stock-in-trade	1,850	17,123	14,294	15,585	16,059	19,432	21,121
Changes in inventories of finished goods, work-in- progress and stock-in-trade	-1,020	-3,295	-929	-3,092	-4,825	-6,756	-1,019
Employee benefits expense	8,024	13,023	15,426	17,678	21,308	25,849	32,192
Other expenses	15,568	27,490	30,624	34,536	38,277	43,141	52,798
Total expenses	59,653	95,569	107,671	116,556	127,113	156,116	182,342
EBITDA	21,345	25,636	31,881	34,343	37,885	39,519	48,643
Depreciation and Amortisation expense	3,125	3,326	3,924	4,276	5,580	6,680	9,667
Profit/(Loss) from operations before other income, finance costs, foreign exchange (gain)/loss and exceptional items	18,220	22,310	27,958	30,067	32,306	32,840	38,976
Other Income	216	808	701	538	1,020	1,157	862
Finance costs	1,079	843	927	667	777	1,627	1597.7
Foreign exchange (Gain)/Loss	2,031	596	304	-621	168	603	397
Profit/(Loss) from ordinary activities before exceptional items	15,325	21,679	27,429	30,558	32,381	31,767	37,843
Exceptional item	–	–	–	–	–	880.6	261.3
Profit Before Tax	15,325	21,679	27,429	30,558	32,381	30,887	37,582
Tax expense/(credit)	3,635	5,966	7,207	7,597	8,183	7,269	9,135
Net Profit /(Loss)	11,691	15,713	20,221	22,962	24,198	23,618	28,447
Minority Interest & Share of profit/(loss) of JV	-38	-45	-30	-55	-34	29.3	166.3
Net Profit/(Loss) after minority interest	11,729	15,758	20,251	23,017	24,232	23,647	28,281

Abridged Balance Sheet	FY13-14	FY14-15	FY15-16	FY16-17	FY17-18	FY18-19	FY19-20
EQUITY AND LIABILITIES
Share Capital	292	292	585	586	586	586	586
Reserve & Surplus	37,210	51,267	72,288	93,133	116,218	138,322	167,518
Minority Interest	257	258	26	21	18	15.9	1.3
Long term Borrowings	12,794	13,615	7,428	1,814	4,512	1,800	0
Short term Borrowings	23,546	25,021	36,727	29,027	40,313	65,732	54,223
Deferred tax Liabilities (Net)	2,054	2,105	240	493	2,353	2,813	3,025
Current Liabilities & Provisions	18,747	36,587	41,909	37,420	47,051	55,276	63,911
Total	94,898	129,145	159,202	162,494	211,010	264,544	289,263
ASSETS
Tangible Assets and Capital Work in progress	28,068	32,722	42,163	53,204	61,361	70,356	81,166
Intangible Assets (Inc. Goodwill)	2,246	8,531	8,115	9,715	19,676	31,077	32,658
Non-current Investments	198	1	1,229	2,459	3,115	3,602	5,547
Deferred Tax Assets (Net)	1	48	2,063	1,678	1,588	1,833	1,632
Loans and Advances	7,890	4,553	1,258	1,090	798	1146.2	1,893
Other non-current Assets	184	303	1,430	2,288	2,635	2,885	2,379
Current Assets	56,312	82,988	102,944	92,062	121,878	153,645	163,988
Total	94,898	129,145	159,202	162,494	211,010	264,544	289,263

Financial Highlights