The company looks conscious on preservation of value by keeping the equity at a relatively low level of Rs 7.7 Crores from Rs 8.888 Crores through a buy back of equity during 2012 -2013 .
Expenses for R&D constitute 40% of sales which amount is stated to be written off as expenses rather than capitalised . Management looks transparent and honest in a sector known for its not so transparent practices .
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