Balance Sheet

Currency: INR

	Mar-2012	Mar-2013	Mar-2014	Mar-2015	Mar-2016	Mar-2017	Mar-2018	Mar-2019	Mar-2020	Mar-2021	Mar-2022	Mar-2023	Mar-2024	Mar-2025
Assets
Cash & Cash Equivalents	1	3	3	1	0	9	5	4	4	1	1	2	0	1
Cash	1	3	3	1	0	9	5	4	4	1	1	2	0	1
Total Receivables	31	19	3	0	0	0	0	0	1	2	2	3	1	1
Accounts Receivables	31	19	3	0	0	0	0	0	0	0	0	0	0	0
Other Receivables	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Inventory	29	27	29	41	0	0	5	11	25	120	120	120	0	0
Total Current Assets	61	49	34	42	0	9	10	15	30	124	123	125	2	2
PP&E Net	3	3	3	4	3	3	5	3	4	3	1	1	1	1
Note Receivable	49	63	78	85	0	192	235	817	234	329	354	330	370	359
Other Long-Term Assets	0	0	0	0	0	0	0	1	1	1	1	1	1	1
Other Assets	0	0	0	0	0	0	5	0	30	0	4	3	1	0
Total Assets	113 N/A	115 +2%	116 +0%	131 +14%	134 +2%	204 +52%	255 +25%	837 +228%	298 -64%	456 +53%	484 +6%	460 -5%	375 -19%	363 -3%
Liabilities
Accounts Payable	0	1	0	0	0	0	0	0	0	0	0	0	1	2
Short-Term Debt	0	0	0	0	0	65	2	697	159	312	342	320	233	220
Current Portion of Long-Term Debt	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	0	0	0	0	0	0	0	0	1	4	0	0	0	0
Total Current Liabilities	0	1	0	0	0	66	2	697	160	316	342	320	233	222
Long-Term Debt	0	1	0	1	1	0	117	0	0	0	0	0	0	0
Deferred Income Tax	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Liabilities	1	1	3	7	4	8	1	3	1	2	2	0	0	0
Total Liabilities	1 N/A	3 +154%	3 +3%	8 +146%	5 -39%	74 +1 343%	120 +62%	700 +483%	161 -77%	318 +98%	344 +8%	320 -7%	234 -27%	222 -5%
Equity
Common Stock	67	67	67	67	67	67	67	67	67	67	67	67	67	67
Retained Earnings	45	46	46	57	62	63	68	70	71	72	73	74	74	75
Total Equity	111 N/A	112 +1%	112 +0%	123 +10%	129 +4%	130 +1%	135 +4%	136 +1%	138 +1%	139 +1%	140 +1%	140 +0%	141 +0%	142 +1%
Total Liabilities & Equity	113 N/A	115 +2%	116 +0%	131 +14%	134 +2%	204 +52%	255 +25%	837 +228%	298 -64%	456 +53%	484 +6%	460 -5%	375 -19%	363 -3%
Shares Outstanding
Common Shares Outstanding	7	7	7	7	7	7	7	7	7	7	7	7	7	7

Mathew Easow Research Securities Ltd
BSE:511688