Soak about 8-10 cashews in warm milk for about half an hour.
Grind the soaked cashews to a smooth paste.
In a thick bottomed pan add little water. Add milk to the pan. Bring it to a boil.
Now add the cashew paste and cardamom powder. Mix well.
Boil this mixture until it reduces to about half of the original quantity.
Now slowly add condensed milk while stirring. Bring it to a boil.
Add the almond bakes to this mixture.
Garnish with almonds.
Serve it warm or cold. It tastes heavenly!!