| (Rs. in Millions) |
| Particulars | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
| EQUITY AND LIABILITIES | 0 | 0 | 0 | 0 |
| Share Capital | 99.75 | 16.63 | 16.63 | 16.63 |
| Equity - Authorised | 160.00 | 30.00 | 30.00 | 30.00 |
| Equity - Issued | 99.75 | 16.63 | 16.63 | 16.63 |
| Equity Paid Up | 99.75 | 16.63 | 16.63 | 16.63 |
| 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 | 100.00 | 100.00 | 100.00 |
| Share Warrants & Outstandings | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Reserves | 120.62 | 136.42 | 80.32 | 46.00 |
| Securities Premium | 3.31 | 3.31 | 3.31 | 3.31 |
| Capital Reserves | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit & Loss Account Balance | 117.31 | 133.11 | 77.00 | 42.69 |
| General Reserves | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Reserves | 0.00 | 0.00 | 0.00 | 0.00 |
| Reserve excluding Revaluation Reserve | 120.62 | 136.42 | 80.32 | 46.00 |
| Revaluation reserve | 0.00 | 0.00 | 0.00 | 0.00 |
| Shareholder's Funds | 220.37 | 153.05 | 96.94 | 62.63 |
| Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-Term Borrowings | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured Loans | 113.36 | 119.58 | 131.69 | 5.93 |
| 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 | 113.36 | 115.29 | 128.57 | 4.06 |
| Term Loans - Institutions | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Secured | 0.00 | 4.29 | 3.12 | 1.87 |
| Unsecured Loans | 47.94 | 13.71 | 60.86 | 10.13 |
| 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 | 23.46 | 9.65 | 24.88 | 4.55 |
| Loans - Govt. | 0.00 | 0.00 | 0.00 | 0.00 |
| Loans - Others | 0.00 | 0.00 | 35.98 | 5.57 |
| Other Unsecured Loan | 24.49 | 4.05 | 0.00 | 0.00 |
| Deferred Tax Assets / Liabilities | 8.59 | 8.36 | 5.41 | 2.70 |
| Deferred Tax Assets | 0.00 | 0.49 | 0.36 | 0.27 |
| Deferred Tax Liability | 8.59 | 8.85 | 5.78 | 2.96 |
| 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 | 2.59 | 1.60 | 1.19 | 0.87 |
| Total Non-Current Liabilities | 172.47 | 143.24 | 199.15 | 19.62 |
| Current Liabilities | 0 | 0 | 0 | 0 |
| Trade Payables | 97.12 | 82.11 | 64.39 | 31.24 |
| Sundry Creditors | 97.12 | 82.11 | 64.39 | 31.24 |
| 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 | 60.52 | 110.51 | 78.57 | 62.75 |
| Bank Overdraft / Short term credit | 0.00 | 0.00 | 0.00 | 0.00 |
| Advances received from customers | 15.61 | 33.13 | 23.03 | 22.42 |
| 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 | 0.00 | 0.00 |
| Other Liabilities | 44.91 | 77.39 | 55.53 | 40.32 |
| Short Term Borrowings | 267.68 | 164.52 | 60.44 | 42.50 |
| Secured ST Loans repayable on Demands | 221.86 | 156.36 | 52.43 | 42.50 |
| Working Capital Loans- Sec | 200.05 | 156.36 | 52.43 | 42.50 |
| 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 | -154.22 | -148.20 | -44.41 | -42.50 |
| Short Term Provisions | 25.12 | 17.92 | 9.42 | 6.96 |
| 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 | 23.95 | 17.56 | 9.17 | 6.77 |
| 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 | 1.17 | 0.37 | 0.25 | 0.19 |
| Total Current Liabilities | 450.43 | 375.06 | 212.82 | 143.44 |
| Total Liabilities | 843.28 | 671.34 | 508.91 | 225.69 |
| ASSETS | 0 | 0 | 0 | 0 |
| Gross Block | 320.95 | 293.62 | 281.65 | 80.48 |
| Less: Accumulated Depreciation | 65.63 | 51.09 | 36.75 | 29.94 |
| Less: Impairment of Assets | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Block | 255.31 | 242.53 | 244.89 | 50.53 |
| Lease Adjustment A/c | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital Work in Progress | 2.16 | 0.94 | 0.00 | 2.23 |
| Non Current Investments | 4.38 | 4.38 | 4.38 | 1.83 |
| Long Term Investment | 4.38 | 4.38 | 4.38 | 1.83 |
| Quoted | 0.05 | 0.05 | 0.05 | 0.05 |
| Unquoted | 4.33 | 4.33 | 4.33 | 1.78 |
| Long Term Loans & Advances | 6.51 | 5.03 | 4.67 | 2.24 |
| Other Non Current Assets | 14.94 | 12.31 | 5.00 | 3.40 |
| Total Non-Current Assets | 283.30 | 265.18 | 258.94 | 60.24 |
| Current Assets Loans & Advances | 0 | 0 | 0 | 0 |
| 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 | 207.43 | 119.84 | 73.42 | 27.09 |
| Raw Materials | 29.41 | 23.04 | 19.09 | 17.25 |
| Work-in Progress | 2.74 | 2.87 | 2.65 | 1.32 |
| Finished Goods | 111.73 | 71.01 | 36.34 | 6.86 |
| Packing Materials | 0.00 | 0.00 | 0.00 | 0.00 |
| Stores and Spare | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Inventory | 63.56 | 22.91 | 15.33 | 1.66 |
| Sundry Debtors | 253.45 | 208.08 | 127.32 | 89.01 |
| Debtors more than Six months | 86.63 | 54.42 | 20.73 | 29.63 |
| Debtors Others | 166.83 | 153.66 | 106.58 | 59.38 |
| Cash and Bank | 0.05 | 5.78 | 8.03 | 22.26 |
| Cash in hand | 0.04 | 0.02 | 0.02 | 0.05 |
| Balances at Bank | 0.00 | 5.76 | 8.01 | 22.22 |
| Other cash and bank balances | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Current Assets | 4.02 | 2.04 | 0.97 | 1.13 |
| Interest accrued on Investments | 2.24 | 1.20 | 0.61 | 1.00 |
| 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 | 1.79 | 0.84 | 0.37 | 0.13 |
| Other current_assets | 0.00 | 0.00 | 0.00 | 0.00 |
| Short Term Loans and Advances | 95.03 | 70.42 | 40.23 | 25.96 |
| Advances recoverable in cash or in kind | 14.92 | 31.50 | 14.92 | 16.83 |
| 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 | 80.11 | 38.92 | 25.30 | 9.13 |
| Total Current Assets | 559.97 | 406.17 | 249.96 | 165.45 |
| Net Current Assets (Including Current Investments) | 109.54 | 31.11 | 37.15 | 22.01 |
| Miscellaneous Expenses not written off | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 843.28 | 671.34 | 508.91 | 225.69 |
| Contingent Liabilities | 23.00 | 23.37 | 25.37 | 0.05 |
| Total Debt | 428.98 | 334.02 | 286.61 | 86.90 |
| Book Value | 22.09 | 920.52 | 583.08 | 376.68 |
| Adjusted Book Value | 22.09 | 15.34 | 9.72 | 6.28 |