| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Accuvant Advisory Services Limited |
|
Particulars |
2023 |
2022 |
|
ASSETS |
|
|
|
(1) Non Current Assets |
|
|
|
(a) Property, Plant and Equipment and Intangible Assets |
|
|
|
(i) Property, Plant and Equipment |
1.48 |
0.97 |
|
(ii) Capital work-in-progress |
305 |
305 |
|
(c) Financial Assets |
|
|
|
(i) Investments |
45 |
45 |
|
(ii) Loans |
581.95 |
447.86 |
|
(d) Deferred Tax Assets (net) |
0.02 |
0.03 |
|
Total Non Current Assets |
933.45 |
798.86 |
|
(2) Current assets |
|
|
|
(a) Financial Assets |
|
|
|
(i) Trade receivables |
10.8 |
27.54 |
|
(ii) Cash and cash equivalents |
16.85 |
3.43 |
|
(b) Other current assets |
10.13 |
6.98 |
|
Total Current Assets |
37.78 |
37.95 |
|
Total Assets |
971.23 |
836.81 |
|
EQUITY AND LIABILITIES |
|
|
|
EQUITY |
|
|
|
(a) Equity Share capital |
678.75 |
678.75 |
|
(b) Other Equity |
133.7 |
118.56 |
|
Total Equity |
812.45 |
797.31 |
|
LIABILITIES |
|
|
|
(1) Non Current liabilities |
|
|
|
(a) Financial Liabilities |
|
|
|
(i) Borrowings |
100.94 |
|
|
Total Non Current Liabilities |
100.94 |
|
|
(2) Current liabilities |
|
|
|
(a) Financial Liabilities |
|
|
|
(i) Trade payables |
|
|
|
Due to others |
34.11 |
20.15 |
|
(ii) Other financial liabilities |
13.8 |
12.88 |
|
(b) Other current liabilities |
3.52 |
2.23 |
|
(c) Short Term Provisions |
6.42 |
4.24 |
|
Total Current Liabilities |
57.84 |
39.5 |
|
Total Equity and Liabilities |
971.23 |
836.81 |
|
Particulars |
2023 |
2022 |
|
I Revenue from Operations |
40 |
33 |
|
II Other Income |
40.66 |
25.65 |
|
III Total Income |
80.66 |
58.65 |
|
IV Expenses: |
|
|
|
Professional Fees Paid for Services |
24 |
25 |
|
Employee Benefits Expense |
6.84 |
7.48 |
|
Finance Costs |
3.11 |
3.11 |
|
Depreciation and Amortization Expense |
0.3 |
0.3 |
|
Other Expenses |
24.84 |
9.67 |
|
Total Expenses |
59.1 |
42.78 |
|
V Profit before tax |
21.56 |
15.87 |
|
VI Tax expense |
|
|
|
(1) Current Tax |
6.41 |
4.24 |
|
(2) Deferred Tax |
|
-0.02 |
|
VII Profit for the period |
15.14 |
11.65 |
|
VIII Total Comprehensive Income for the period (Comprising Profit and Other Comprehensive Income for the period) |
15.14 |
11.65 |
|
IX Earnings per equity share |
|
|
|
Basic & Diluted (In Rs.) 25 |
0.22 |
0.17 |
|
Particulars |
2023 |
2022 |
|
A. CASH FLOW FROM OPERATING ACTIVITIES: |
|
|
|
Net Profit before Tax as per Statement of Profit and Loss |
21.56 |
15.87 |
|
Adjustment for |
|
|
|
Less : Interest and Finance Income 40.61 (25.65) |
40.61 |
-25.65 |
|
Add : Finance Costs 3.11 0.33 |
3.11 |
0.33 |
|
Operating Profit Before Working Capital Changes |
65.29 |
-9.45 |
|
Trade Receivables |
16.74 |
-5.99 |
|
Other Current Assets |
-3.15 |
13.3 |
|
Deferred Tax Assets |
|
-0.02 |
|
Trade Payable |
14.87 |
-11.64 |
|
Other Current Liabilities |
1.29 |
-1.61 |
|
Short Term Provisions |
2.18 |
-15.58 |
|
Cash Generated From Operations |
|
|
|
Direct Taxes Paid |
6.42 |
4.22 |
|
NET CASH INFLOW / (OUTFLOW) FROM OPERATING ACTIVITIES |
90.8 |
-35.22 |
|
B. CASH FLOW FROM INVESTING ACTIVITIES: |
|
|
|
Purchase of Fixed Asset |
-0.51 |
-0.75 |
|
Long Term Loans and Advances |
-134.09 |
26.12 |
|
Interest and Finance Income |
-40.61 |
25.65 |
|
NET CASH INFLOW / (OUTFLOW ) FROM INVESTING ACTIVITIES |
-175.21 |
51.02 |
|
C. CASH FLOW USED IN FINANCING ACTIVITIES: |
|
|
|
Newly taken/(Repayment) of Long Term Borrowings |
100.94 |
-15 |
|
Interest and Finance Charges paid |
-3.11 |
-0.33 |
|
NET CASH INFLOW / (OUTFLOW ) FROM FINANCING ACTIVITIES |
97.82 |
-15.33 |
|
Net Increase / (Decrease) in Cash and Cash Equivalents (A+B+C) |
13.42 |
0.47 |
|
Add : Cash and Cash Equivalents balance as at 1st April 2022 |
3.43 |
2.96 |
|
Cash and Cash Equivalents as at 31st March 2023 |
16.85 |
3.43 |
Certainly, here is a summary of the Cash Flow Statement for the years 2023 and 2022:
A. Cash Flow from Operating Activities:
In 2023, the net profit before tax, as per the Statement of Profit and Loss, amounted to Rs 21.56, while in 2022, it was Rs 15.87. The adjustments included a positive figure of Rs 40.61 for interest and finance income in 2023, indicating an increase, while in 2022, this figure was negative at -Rs 25.65, possibly reflecting a decrease. Additionally, finance costs were Rs 3.11 in 2023, compared to Rs 0.33 in 2022. This led to an operating profit before working capital changes of Rs 65.29 in 2023, contrasting with a negative value of -Rs 9.45 in 2022.
Working capital changes in 2023 showed an increase in trade receivables at Rs 16.74, while in 2022, they decreased by -Rs 5.99. Other current assets experienced a decline of -Rs 3.15 in 2023 and an increase of Rs 13.3 in 2022. Trade payable increased by Rs 14.87 in 2023 and decreased by -Rs 11.64 in 2022. Other current liabilities increased by Rs 1.29 in 2023 and decreased by -Rs 1.61 in 2022, while short-term provisions increased by Rs 2.18 in 2023 and decreased by -Rs 15.58 in 2022. Cash generated from operations in 2023 was Rs 90.8, reflecting the positive net impact of these changes, while in 2022, it was -Rs 35.22, indicating a negative result.
B. Cash Flow from Investing Activities:
In the investing activities section, both years had expenditures related to the purchase of fixed assets, with Rs -0.51 in 2023 and Rs -0.75 in 2022. Long-term loans and advances had a significant negative impact in 2023 at -Rs 134.09, while they were positive at Rs 26.12 in 2022. Interest and finance income also showed differences with a negative figure of -Rs 40.61 in 2023, while it was positive at Rs 25.65 in 2022. Consequently, the net cash flow from investing activities was significantly negative at -Rs 175.21 in 2023, compared to a positive value of Rs 51.02 in 2022.
C. Cash Flow Used in Financing Activities:
In the financing activities section, there were changes in long-term borrowings, with a positive figure of Rs 100.94 in 2023 and a repayment of -Rs 15 in 2022. Interest and finance charges paid were -Rs 3.11 in 2023 and -Rs 0.33 in 2022. The net cash flow from financing activities was positive at Rs 97.82 in 2023, while it was -Rs 15.33 in 2022.
Net Increase / (Decrease) in Cash and Cash Equivalents:
The net increase or decrease in cash and cash equivalents for 2023 was Rs 13.42, indicating a positive trend, whereas in 2022, it was only Rs 0.47.
Add: Cash and Cash Equivalents Balance:
The cash and cash equivalents balance as of 1st April 2022 was Rs 3.43, increasing slightly from Rs 2.96 in the previous year.
Cash and Cash Equivalents as of 31st March 2023:
The closing cash and cash equivalents for 2023 were Rs 16.85, showing a significant increase from the beginning of the year, which was Rs 3.43 in 2022.
|
Particulars |
2023 |
2022 |
|
Current Ratio |
0.65 |
0.96 |
|
Debt Equity Ratio |
0.12 |
|
|
Return on Equity Ratio |
0.0188 |
0.0147 |
|
Trade Receivables Turnover Ratio |
2.09 |
1.31 |
|
Net capital turnover ratio |
-1.99 |
-21.3 |
|
Net profit ratio |
0.3786 |
0.353 |
|
Return on Capital employed |
0.0166 |
0.0146 |
Here 's a summary of the financial and operational metrics for Accuvant Advisory Services Limited for the years 2023 and 2022:
1. Current Ratio:
In 2023, the current ratio was 0.65, indicating that the company had current assets equivalent to 65% of its current liabilities.
In 2022, the current ratio was 0.96, showing a higher liquidity position, with current assets covering 96% of current liabilities.
2. Debt Equity Ratio:
The debt-equity ratio for 2023 is not provided.
In 2022, the debt-equity ratio is not specified, so it 's unclear how much debt the company had relative to its equity.
3. Return on Equity (ROE) Ratio:
In 2023, the ROE ratio was 0.0188, indicating a return of 1.88% on shareholders ' equity.
In 2022, the ROE ratio was 0.0147, representing a return of 1.47% on equity.
4. Trade Receivables Turnover Ratio:
In 2023, the trade receivables turnover ratio was 2.09, which suggests that the company collected its outstanding receivables approximately 2.09 times during the year.
In 2022, the ratio was 1.31, indicating a lower turnover of trade receivables.
5. Net Capital Turnover Ratio:
In 2023, the net capital turnover ratio was -1.99, which may imply inefficiency in utilizing capital in generating sales.
In 2022, the ratio was -21.3, indicating even lower capital efficiency.
6. Net Profit Ratio:
- In 2023, the net profit ratio was 0.3786, signifying that the company retained approximately 37.86% of its total revenue as profit.
- In 2022, the net profit ratio was 0.353, indicating a profit retention of 35.3% of total revenue.
7. Return on Capital Employed (ROCE) Ratio:
In 2023, the ROCE ratio was 0.0166, meaning the company generated a return of 1.66% on the capital employed.
In 2022, the ROCE ratio was 0.0146, indicating a return of 1.46% on the capital employed.
