Alchemist Limited Annual Reports, Balance Sheet and Financials

Alchemist Limited Balance Sheet (Rs in Lakhs)

Alchemist Limited Profit & Loss Statement (Rs in Lakhs)

Alchemist Limited Consolidated Cash Flow Statement (Rs in Lakhs) 

Here is a summary of the Cash Flow Statement for the years 2020 and 2019:

1.    Cash Flow from Operating Activities:

The company reported a loss for the year, amounting to -₹4,672.96 in 2020 and -₹4,964.34 in 2019.

Adjustments were made for various factors, including changes in the opening loss of subsidiary, share in the loss of associate, depreciation, allowance for doubtful trade receivables, finance costs, interest income, and tax expenses. These adjustments resulted in an operating profit before changes in working capital of -₹438.37 in 2020 and -₹592.68 in 2019.

Changes in working capital, such as trade receivables, trade payables, inventories, provisions, and other financial and non-financial assets and liabilities, were considered. Cash generated from operations amounted to -₹395.95 in 2020 and -₹669.8 in 2019. Income tax paid was -₹1.87 in 2020 and -₹0.25 in 2019.

Consequently, the net cash flow from operating activities was -₹397.82 in 2020 and -₹670.05 in 2019.

2.    Cash Flow from Investing Activities:

Investing activities included capital expenditure on property, plant & equipment, proceeds from the sale of property, plant & equipment, and proceeds/payment from loans to subsidiaries and associates. Interest received was also factored in. The net cash flow from investing activities was -₹12.95 in 2020 and -₹292.26 in 2019.

3.    Cash Flow from Financing Activities:

Financing activities involved the redemption of preference shares, proceeds/repayment of borrowings, and payment of interest. The net cash generated from financing activities amounted to ₹454.48 in 2020 and ₹884.72 in 2019.

4.    Net Increase/(Decrease) in Cash and Cash Equivalents:

The company experienced a net increase/decrease in cash and cash equivalents of ₹43.7 in 2020 and -₹77.59 in 2019.

5.    Opening and Closing Balances of Cash and Cash Equivalents:

The opening balance of cash and cash equivalents was -₹195.12 in 2020 and -₹117.52 in 2019. By the end of the year, the closing balance decreased to -₹151.41 in 2020 and -₹195.11 in 2019, indicating changes in the company 's liquidity position over the fiscal years.

Financial Ratios of Alchemist Limited

Here is a summary of the financial and operational metrics for Alchemist Limited for the year 2020 & 2019:

1.    Current Ratio: Both the current ratio and quick ratio remained the same at 2.43 in 2020. These ratios indicate that the company 's current assets are more than double its current liabilities. This suggests a healthy liquidity position, with the company able to cover its short-term obligations comfortably.

2.    Inventory Turnover Ratio: The inventory turnover ratio decreased significantly from 25.92 in 2019 to 5.98 in 2020. Such a decrease indicates that the company is selling its inventory at a slower rate in 2020 compared to the previous year. This might suggest issues such as slower sales, excess inventory, or changes in the company 's sales strategy.

3.    Debt to Equity Ratio: The debt to equity ratio increased from -5.08 in 2019 to -3.91 in 2020. A negative debt-to-equity ratio typically indicates that the company has more equity than debt, which can be considered a favorable position. However, the decrease in the magnitude of the ratio indicates a reduction in the proportion of equity relative to debt, which may indicate increased reliance on debt financing.

4.    Return on Capital Employed (ROCE): The return on capital employed decreased from -9.71% in 2019 to -10.05% in 2020. This indicates that the company 's capital investments are generating a negative return, which suggests inefficiency in capital utilization or a decline in profitability.

5.    Return on Assets (ROA): The return on assets remained relatively stable, with a slight decrease from -6.41% in 2019 to -6.37% in 2020. This indicates that the company 's assets are generating a negative return, which may be due to lower profitability or higher operating expenses.

6.    Net Profit Ratio: The net profit ratio decreased significantly from -185.65% in 2019 to -324.23% in 2020. A negative net profit ratio indicates that the company incurred a net loss relative to its total revenue. The widening negative ratio suggests deteriorating profitability and financial performance.

Dividend History