The numbers from screener.in are taken from the annual report which is reported as per accounting standards. So, nothing wrong with that.
As explained in my previous post too, the gross block was adjusted during the year FY16 and thus the accumulated depreciation figure.
The company did ~500cr capex in FY16, though the gross block as reported in FY16 AR and in screener.in is 1377cr vs 1717cr in FY15. (on account of adjustment)
Also, the accumulated depreciation as shown in BS for FY16 is 126cr which is the depreciation for the year FY16 itself.
In my opinion the answer to:
lies in FY16 annual report.
And gradually the difference in this number is decreasing as they keep on selling older machinery which were restated during FY16.
To clarify further:
If you want to compare the gross block number as told by the management, then check companies quarterly presentations. That would be like to like comparison.
Ex: As seen in Q4FY22 presentation, the gross block is 2159cr while reported in FY22 annual report is 1563cr.
Do update us here if you get clarification from management too.
Thanks.
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