No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investors account. | To lodge complaint with SEBI, Visit   |   KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.   |   Prevent unauthorized transactions in your account – Update your mobile numbers / email ids with your stock brokers. Receive information of your transactions directly from exchange on your mobile / email at the EOD | Filing Complaint on SCORES - QUICK & EASY a) Register on SCORES b) Mandatory details for filing complaints on SCORE - Name, PAN, Email, Address and Mob. no. c) Benefits - speedy redressal & Effective communication   |   BSE Prices delayed by 5 minutes... << Prices as on May 14, 2021 >>  ABB India 1394.85  [ -0.62% ]  ACC 1877.1  [ -0.33% ]  Ambuja Cements Ltd. 307  [ -0.65% ]  Asian Paints Ltd. 2773.6  [ 8.51% ]  Axis Bank Ltd. 685.1  [ -0.90% ]  Bajaj Auto Ltd. 3848.35  [ -0.78% ]  Bank of Baroda 74.05  [ -4.39% ]  Bharti Airtel 560.55  [ -0.22% ]  Bharat Heavy Ele 68  [ -4.70% ]  Bharat Petroleum 442.2  [ -1.56% ]  Britannia Ind. 3500.35  [ 1.79% ]  Cairn India Ltd. 285.4  [ 0.90% ]  Cipla 904.1  [ 0.60% ]  Coal India 146.65  [ -4.46% ]  Colgate Palm. 1567.2  [ 2.53% ]  Dabur India 534.8  [ 1.05% ]  DLF Ltd. 250.05  [ -5.78% ]  Dr. Reddy's Labs 5195.85  [ -2.00% ]  GAIL (India) Ltd. 152.7  [ -5.21% ]  Grasim Inds. 1365.55  [ -3.29% ]  HCL Technologies 910.3  [ 0.45% ]  HDFC 2421.8  [ -0.69% ]  HDFC Bank 1387.15  [ -0.88% ]  Hero MotoCorp 2811  [ -1.09% ]  Hindustan Unilever L 2376.8  [ 2.05% ]  Hindalco Indus. 383  [ -3.94% ]  ICICI Bank 597.25  [ 0.39% ]  IDFC L 54.3  [ -2.78% ]  Indian Hotels Co 112.9  [ -2.76% ]  IndusInd Bank 891.4  [ -2.82% ]  Infosys 1316.8  [ -0.76% ]  ITC Ltd. 212.35  [ 4.45% ]  Jindal St & Pwr 417.15  [ -8.66% ]  Kotak Mahindra Bank 1707.3  [ -0.65% ]  L&T 1415.5  [ 2.21% ]  Lupin Ltd. 1178.8  [ -2.64% ]  Mahi. & Mahi 741.65  [ -2.45% ]  Maruti Suzuki India 6738.15  [ -1.21% ]  MTNL 18.05  [ -2.70% ]  Nestle India 17217.55  [ 3.01% ]  NIIT Ltd. 173.4  [ 2.73% ]  NMDC Ltd. 185.7  [ -8.48% ]  NTPC 111.3  [ -1.72% ]  ONGC 113  [ -1.78% ]  Punj. NationlBak 36.85  [ -0.67% ]  Power Grid Corpo 228.8  [ 1.33% ]  Reliance Inds. 1936.85  [ 1.22% ]  SBI 360.5  [ -2.00% ]  Vedanta 272.35  [ -3.49% ]  Shipping Corpn. 110.1  [ -4.59% ]  Sun Pharma. 691.1  [ -1.64% ]  Tata Chemicals 702.65  [ -2.73% ]  Tata Consumer Produc 645.05  [ 0.84% ]  Tata Motors Ltd. 312.35  [ -4.14% ]  Tata Steel 1132.1  [ -3.95% ]  Tata Power Co. 101.45  [ -4.79% ]  Tata Consultancy 3050.75  [ -1.22% ]  Tech Mahindra 951.95  [ -1.05% ]  UltraTech Cement 6367.7  [ -0.38% ]  United Spirits 565.3  [ 1.05% ]  Wipro Ltd 498.35  [ -1.87% ]  Zee Entertainment En 191.75  [ -0.75% ]  

Company Information

Indian Indices

  • Loading....

Global Indices

  • Loading....


  • Loading....


  • Loading....


14 May 2021 | 12:00

Industry >> Plantations - Tea & Coffee

Select Another Company

ISIN No INE822B01017 52Week High 22 Book Value (Rs.) 34.90 Face Value 10.00
Bookclosure 19/12/2020 52Week Low 5 EPS 2.77 P/E 5.79
Market Cap. 16.05 Cr. P/BV 0.46 Div Yield (%) 0.00 Market Lot 1.00


You can view the entire text of Accounting Policy of the company for the latest year.
Year End :2015-03 

The financial statements have been prepared on an accrual basis and under historical cost convention and in compliance with all material aspects with the applicable accounting principles in India, the applicable accounting standards issued by The Institute of Chartered Accountants of India and referred to Section 129 & 133 of the Companies Act, 2013.

All the Assets and Liabilities have been classified as current or non-current as per the Company's normal operating cycle and other criteria set out in Schedule III to the Companies Act, 2013. The Company has ascertained its operating cycle to be 12 months for the purpose of current, non-current classification of assets and liabilities.


The preparation of financial statements require judgments, estimates and assumptions to be made that affect the reported amount of assets and liabilities including contingent liabilities on the date of financial statements and the reported amount of revenues and expenses during the reporting period. Difference between actual results and estimates are recognized in the period in which the results are known/materialized.


Inventories are stated at lower of cost or net realizable value. Cost is determined using FIFO method and comprises of the purchase price including duties and taxes, freight inward and other expenditure directly attributable to the acquisition, but excluding the trade discount and other rebates.


In compliance with the requirement of accrual system of accounting following standards have been set out and are being followed over years :

a) Sale is recognized when the ownership and control has been transferred to the prospective buyer provided there is no significant uncertainty in collection of the amount of consideration.

b) In case of benefit of DEPB, income is recognized after obtaining the license from the concerned authorities.

c) Revenue from interest is recognized on time/proportion basis taking into account the amount outstanding and the rate applicable.

d) Income from Investments/Other Income is recognized on accrual basis.

e) Having regard to the size of operations and nature and complexities of Company's business, in manage- ment's opinion the above are the reasonable standards of applying the accrual system of accounting required by the law.


a) Fixed Assets are stated at cost or revalued amounts, as the case may be, less accumulated depreciation and impairment losses, if any. Cost comprises the purchase price and any attributable cost of bringing the asset to its working condition for its intended use.

b) Depreciation on Fixed Assets is provided on historical cost and where revaluation of assets has been made, on revalued amount as per Written down Value Method. Depreciation for the current year is provided based on useful life of the assets as prescribed in Schedule II to the Companies Act, 2013.


a) Initial Recognition: Foreign currency transactions are recorded in the reporting currency, by applying to the foreign currency amount the exchange rate between the reporting currency and the foreign currency on the date of transaction.

b) Conversion: Foreign currency assets (debtors) are translated at the rates of exchange prevailing on the date of the transaction.

c) Exchange Differences: Exchange difference arising on the settlement of monetary items at rates different from those at which they were initially recorded during the year, or reported in previous financial statements, are recognized as income or as expense in the year in which they arise.


Current Investments are stated at lower of cost and fair value. Long-term Investments intended to be held for more than a year are classified as non-current investments, and are carried at cost. However, provision for diminution in value, other than temporary, has been recognized, wherever necessary.


Basic & Diluted earnings per share are calculated by dividing the net profit or loss for the period attributable to equity shareholders by the weighted average number of equity shares outstanding during the period as per Accounting Standard-20 issued by The Institute of Chartered Accountants of India.


Tax expense comprises both current and deferred taxes. Current tax is measured at the amount expected to be paid to the taxation authorities, using the applicable tax rates and tax laws. Deferred tax is recognized for all the timing differences subject to the consideration of prudence in respect of deferred tax assets and measured using the tax rates and tax laws enacted by the balance sheet date. Unrecognized deferred tax assets of earlier years are reassessed and recognized to the extent that it has become reasonably certain that future taxable income will be available against which such deferred tax assets can be realized.


The carrying amounts of assets are reviewed at each Balance Sheet date if there is any indication of impairment based on internal/external factors. An asset is impaired when the carrying amount of the asset exceeds the recoverable amount. An impairment loss is charged to the Statement of Profit and Loss in the year in which an asset is identified as impaired. An impairment loss recognized in prior accounting periods is reversed if there has been a change in the estimate of the recoverable amount.


Provisions are recognized for present obligation as a result of past events where it is probable that outflow of resources will be required to settle the obligation, and in respect of which a reliable estimate can be made at the balance sheet date. These are reviewed at each balance sheet date and adjusted to reflect the current best estimates. Contingent Liabilities not provided for are disclosed in the notes to the Financial Statements. Contingent Assets are neither recognized nor disclosed in the financial statements.