| Y/e 31 Mar( In .Cr) | Mar-2024 | Mar-2023 | Mar-2022 | Mar-2021 |
|---|---|---|---|---|
Equity Capital | 23.83 | 23.83 | 23.83 | 23.83 |
Preference Capital | 0 | 0 | 0 | 0 |
Reserves | 3,512.87 | 3,193.93 | 2,977.17 | 2,855.55 |
Net Worth | 3,536.7 | 3,217.76 | 3,001 | 2,879.38 |
Minority Interest | ||||
Debt | 313.68 | 224.17 | 185.29 | 147.66 |
Deferred Tax Liability Net | 61.76 | 53.93 | 53.01 | 49.59 |
Total Liabilities | 3,912.14 | 3,495.86 | 3,239.3 | 3,076.63 |
Fixed Assets | 861.12 | 758.71 | 761.07 | 794.04 |
Intangible Assets | ||||
Investments | 2,393.25 | 2,269.89 | 1,995.25 | 903.11 |
Deferred Tax Asset Net | 114.25 | 101.79 | 101.65 | 102.87 |
Networking Capital | 196.76 | -43.01 | -60.23 | -110.17 |
Inventories | 397.33 | 390.78 | 370.35 | 245.94 |
Inventory Days | 33.66 | 28.66 | ||
Sundry Debtors | 1,501.64 | 1,210.22 | 953.37 | 823.52 |
Debtor Days | 86.66 | 95.98 | ||
Other Current Assets | 1,194.78 | 1,065.37 | 855.22 | 825.8 |
Sundry Creditors | -1,082.1 | -1,044.9 | -976.33 | -844.99 |
Creditor Days | 88.74 | 98.49 | ||
Other Current Liabilities | -1,814.89 | -1,664.48 | -1,262.85 | -1,160.44 |
Cash | 346.76 | 408.48 | 441.57 | 1,386.78 |
Total Assets | 3,912.14 | 3,495.86 | 3,239.3 | 3,076.63 |
Thermax will own a majority 51% stake in the joint venture and OCQ will own 49%, as a part of the companies' strategic alliance to strengthen their global footprint in the chemical sector.
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The parties want to form a strategic relationship by collaborating with the company and its group companies in the flooring chemical business
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