I have noted that promoter directors are getting well compensated. As per AR 2014-15, when company sale grew by 2.12 times and profit grew by 2.38 times, remuneration for two promotors – Chairman /ED and MD grew by 3.41 times. Maybe the same money is being used to buy the stock 
Also the company purchased cars worth 1.31 Crores during the year. It seems that could explain part of foreign exchange outgo expenses for the year 
All in all, I am concerned about corporate governance issues. In good times, these issues get swept under the carpet. But the bad times can expose them… So I would prefer to sit on sidelines for now and watch few quarters.
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