| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Aggarsain Spinners Limited |
|
Particulars |
2023 |
2022 |
|
Assets |
|
|
|
Non-current assets |
|
|
|
Property, plant and equipment |
14724.22 |
17239.22 |
|
Other non -Current Assets |
|
1823.3 |
|
Total Non Current Assets |
14724.2 |
19062.5 |
|
Current assets |
|
|
|
Inventories |
18838.67 |
35577.54 |
|
Trade receivables |
82525.06 |
62444.87 |
|
Cash and cash equivalents |
22889.91 |
378.13 |
|
Other financial assets |
64458.32 |
8401.34 |
|
Other current assets |
1720.09 |
4847.01 |
|
Total Current Assets |
190447 |
201964 |
|
Total Assets |
205171 |
221026 |
|
Equity and Liabilities |
|
|
|
Equity |
|
|
|
Equity Share capital |
35034 |
35034 |
|
Other Equity |
43756.65 |
39974.42 |
|
Total Equity |
78790.7 |
75008.4 |
|
LIABILITIES |
|
|
|
Non-current liabilities |
|
|
|
Borrowings |
65518.67 |
50000.62 |
|
Deferred tax liabilities (Net) |
349.43 |
387.42 |
|
Total Non Current Liabilities |
65868.1 |
50388 |
|
Current liabilities |
|
|
|
Short Term Borrowings |
48319.85 |
67275.79 |
|
Trade payables |
|
|
|
(a) Dues of creditors other than micro & small enterprises |
9092.5 |
26059.57 |
|
Other financial liabilities |
1923.93 |
868.19 |
|
Other current liabilities |
1176.26 |
1426.4 |
|
Total Current Liabilities |
60512.5 |
95630 |
|
Total Equity and Liabilities |
205171 |
221026 |
|
Particulars |
2023 |
2022 |
|
Revenue from Operations |
262135.71 |
37876.01 |
|
Other Income |
23921.69 |
30587.85 |
|
Total Income |
286057.4 |
68463.86 |
|
Expenses |
|
|
|
Cost of Material Consumed |
|
797.54 |
|
Purchase of Stock in trade |
221747.49 |
64231.19 |
|
Changes in Inventories |
16738.87 |
-28180.99 |
|
Employee Benefits Expense |
9805.27 |
10018.49 |
|
Finance Costs |
11228.03 |
7374.19 |
|
Depreciation & Amortization Expenses |
2515 |
2194.81 |
|
Other Expenses |
18788.06 |
10745.69 |
|
Total Expenses |
280822.7 |
67180.93 |
|
Profit/(Loss) before tax |
5234.68 |
1282.93 |
|
Tax Expense: |
|
|
|
Current Year |
1362.2 |
173.4 |
|
Earlier Year |
128.25 |
-53.95 |
|
Deferred Tax |
-38 |
141.63 |
|
Profit/ Total comprehensive income for the year |
3782.23 |
1021.85 |
|
Earnings per equity share |
|
|
|
Basic & Diluted |
1.08 |
0.29 |
|
Particulars |
2023 |
2022 |
|
Cash Flow From Operating Activities : |
|
|
|
Net Profit before tax and extraordinary items |
5,234.68 |
1,282.93 |
|
Adjusted for : |
|
|
|
Depreciation & Amortization Expenses |
2,515.00 |
2,194.81 |
|
Interest Paid |
11,228.03 |
7,374.19 |
|
Miscellaneous Expenditure written off |
|
|
|
Interest income |
-2,707.88 |
-4,988.79 |
|
Operating Profit Before Working Capital Changes |
16,269.83 |
5,863.15 |
|
Adjusted for : |
|
|
|
Trade receivables/other current assets |
15,493.42 |
-13,677.02 |
|
Inventories |
16,738.00 |
-28,840.11 |
|
Trade Payables and current liabilities |
-16,161.48 |
25,285.45 |
|
Cash Generated From Operations |
32,340.64 |
-11,368.52 |
|
Direct Taxes paid / adjusted |
-305.87 |
-1,899.93 |
|
Cash flow before extra ordinary items |
32,646.51 |
-13,268.45 |
|
Extra Ordinary items |
|
|
|
Net cash from Operating activities |
32,646.51 |
-13,268.45 |
|
Cash Flow From Investing Activities : |
|
|
|
Net Changes in fixed assets |
|
8,925.21 |
|
Non Current Assets |
-1.45 |
|
|
Interest Received |
2707.88 |
4988.79 |
|
Net Cash from investing activities |
2709.33 |
-3936.42 |
|
Cash Flow From Financing Activities : |
|
|
|
Interest paid |
-9406.18 |
-6766.91 |
|
Net Proceeds/(Repayment) of Long Term Borrowings |
15518.06 |
-22869.93 |
|
Net Proceeds/(Repayment) from Short term Borrowings |
-18955.94 |
-1144.69 |
|
Net Cash from Financing activities |
-12844.07 |
-30781.52 |
|
Net Increase In Cash And Cash Equivalents |
22511.78 |
-47986.39 |
|
Cash And Cash Equivalents At The Beginning Of The Year |
378.13 |
48364.52 |
|
Cash And Cash Equivalents At The End Of The Year |
22889.91 |
378.13 |
Certainly, here 's a summary of the Cash Flow Statement for the years 2023 and 2022:
Cash Flow From Operating Activities:
In 2023, the net profit before tax and extraordinary items was 5,234.68, showing a significant improvement compared to the previous year 's 1,282.93.
Adjusted for depreciation and amortization expenses of 2,515.00, interest paid of 11,228.03, and interest income of -2,707.88, the operating profit before working capital changes was 16,269.83.
Adjustments for changes in trade receivables/other current assets, inventories, and trade payables and current liabilities resulted in cash generated from operations of 32,340.64.
Direct taxes paid or adjusted amounted to -305.87, resulting in cash flow before extraordinary items of 32,646.51.
The net cash from operating activities in 2023 was 32,646.51, indicating a significant positive cash flow.
Cash Flow From Investing Activities
In 2023, there were net changes in fixed assets amounting to 8,925.21. Non-current assets had a minor change of -1.45.
Interest received was 2,707.88, resulting in net cash from investing activities of 2,709.33.
The net cash from investing activities in 2022 was -3,936.42, indicating a shift to a positive cash flow in 2023.
Cash Flow From Financing Activities:
In 2023, interest paid was -9,406.18, and there were net proceeds/(repayments) of long-term borrowings of 15,518.06.
There were net proceeds/(repayments) from short-term borrowings amounting to -18,955.94.
The net cash from financing activities in 2023 was -12,844.07.
Net Increase In Cash And Cash Equivalents:
In 2023, there was a significant net increase in cash and cash equivalents, totaling 22,511.78, indicating an improvement in the company 's cash position.
In 2022, there was a significant net decrease in cash and cash equivalents of -47,986.39.
Cash And Cash Equivalents:
The year 2023 started with cash and cash equivalents of 378.13 and ended with 22,889.91, showing a substantial increase.
In 2022, the year began with 48,364.52 in cash and cash equivalents but ended with only 378.13, indicating a significant decrease.
|
Particulars |
2023 |
2022 |
|
Current Ratio |
3.15 |
2.11 |
|
Debt Equity Ratio |
1.44 |
1.56 |
|
Debt Service coverage ratio |
1.36 |
1.65 |
|
Return on Equity Ratio |
0.05 |
0.01 |
|
Inventory Turnover Ratio |
7.6 |
1.74 |
|
Trade Receivables turnover ratio |
3.62 |
0.66 |
|
Trade Payables turnover ratio |
12.62 |
5.02 |
|
Net capital turnover ratio |
2.02 |
0.36 |
|
Net profit ratio |
0.01 |
0.03 |
|
Return on Capital employed |
0.25 |
0.31 |
|
Return on investment |
0.05 |
0.01 |
Here 's a summary of the financial and operational metrics for Aggarsain Spinners Limited in the year 2023 and 2022:
1.Current Ratio:
In 2023, the current ratio improved to 3.15 from 2.11 in 2022, indicating a stronger liquidity position and the ability to cover short-term liabilities more comfortably.
2.Debt Equity Ratio:
In 2023, the debt equity ratio decreased to 1.44 from 1.56 in 2022, which suggests a lower reliance on debt to finance the company 's operations.
3.Debt Service Coverage Ratio:
In 2023, the debt service coverage ratio increased to 1.36 from 1.65 in 2022, which indicates an improved ability to cover debt service obligations from operating income.
4.Return on Equity Ratio:
The return on equity ratio increased to 0.05 in 2023 from 0.01 in 2022, reflecting a more favorable return on shareholders ' equity.
5.Inventory Turnover Ratio:
In 2023, the inventory turnover ratio increased to 7.6, indicating that the company is selling its inventory more quickly compared to 1.74 in 2022.
6.Trade Receivables Turnover Ratio:
In 2023, the trade receivables turnover ratio improved to 3.62 from 0.66 in 2022, suggesting faster collection of accounts receivable.
7. Trade Payables Turnover Ratio:
In 2023, the trade payables turnover ratio increased to 12.62 from 5.02 in 2022, indicating that the company is managing its payables more efficiently.
8. Net Capital Turnover Ratio:
In 2023, the net capital turnover ratio increased to 2.02 from 0.36 in 2022, suggesting a more effective utilization of capital.
9. Net Profit Ratio:
In 2023, the net profit ratio decreased to 0.01 from 0.03 in 2022, indicating a lower profitability margin.
10. Return on Capital Employed:
In 2023, the return on capital employed decreased to 0.25 from 0.31 in 2022, indicating a slightly lower return on the capital invested in the business.
11. Return on Investment:
In 2023, the return on investment increased to 0.05 from 0.01 in 2022, showing a higher return on the investments made by the company.
