|
Particulars |
As at 31 March 2022 |
As at 31 March 2021 |
|
ASSETS |
|
|
|
Non-Current Assets |
|
|
|
Property, Plant and Equipment |
439.94 |
501.50 |
|
Financial Assets |
|
|
|
Non Current Investments |
3.15 |
2.95 |
|
Other Non Current Financial Assets |
218.43 |
17.17 |
|
|
661.52 |
521.62 |
|
Current Assets |
|
|
|
Inventories |
674.23 |
632.28 |
|
Financial Assets |
|
|
|
Current Investments |
140.66 |
60.00 |
|
Loans |
3,106.95 |
2,852.54 |
|
Trade Receivables |
974.01 |
1,099.69 |
|
Cash and Cash Equivalents |
62.17 |
110.56 |
|
Bank balances other than cash and cash equivalents above |
13.51 |
25.14 |
|
Other Current Financial Assets |
100.76 |
110.63 |
|
Other Current Assets |
165.20 |
210.37 |
|
|
5,237.49 |
5,101.21 |
|
Total Assets |
5,899.01 |
5,622.83 |
|
EQUITY AND LIABILITIES |
|
|
|
Equity |
|
|
|
Equity Share Capital |
67.77 |
67.77 |
|
Equity Suspense Account |
14.15 |
14.15 |
|
Other Equity |
3,930.45 |
3,681.74 |
|
Total Equity |
4,012.37 |
3,763.66 |
|
Non-Current Liabilities |
|
|
|
Financial Liabilities |
|
|
|
Non Current Borrowings |
627.34 |
956.67 |
|
Long Term Provisions |
30.44 |
25.41 |
|
Deferred Tax Liabilities (Net) |
31.46 |
48.07 |
|
|
689.24 |
1,030.15 |
|
Current Liabilities |
|
|
|
Financial Liabilities |
|
|
|
Current Borrowings |
495.76 |
30.42 |
|
Trade Payables |
|
|
|
Total Outstanding Dues of Micro Enterprises and Small Enterprises |
11.04 |
20.62 |
|
Total Outstanding Dues of Creditors other than Micro Enterprises and Small Enterprises |
586.46 |
683.73 |
|
Other Current Liabilities |
86.16 |
85.64 |
|
Short Term Provisions |
17.98 |
8.61 |
|
|
1,197.40 |
829.02 |
|
Total Liabilities |
1,886.64 |
1,859.17 |
|
Total Equity & Liabilities |
5,899.01 |
5,622.83 |
|
Particulars |
31st March 2022 |
31 March 2021 |
|
Income |
|
|
|
Revenue from operations |
4,323.35 |
3,523.08 |
|
Finance Income |
368.67 |
331.14 |
|
Other Income |
20.75 |
239.56 |
|
Total Income |
4,712.77 |
4,093.78 |
|
Expenses |
|
|
|
Cost of Material and Components Consumed |
2,065.36 |
1,360.65 |
|
Purchase of Traded Goods |
208.75 |
437.77 |
|
(Increase)/Decrease in Inventories of Finished Goods and Work-in-Progress |
-51.69 |
-35.8 |
|
Employee Benefits Expense |
609.95 |
562.94 |
|
Depreciation and Amortization Expense |
72.84 |
76 |
|
Finance Costs |
172.78 |
155.66 |
|
Other Expenses |
1,256.52 |
945.41 |
|
Total Expenses |
4,334.51 |
3,502.63 |
|
Profit/(loss) before Tax from Operations |
378.26 |
591.15 |
|
Tax Expenses |
|
|
|
Current tax |
108 |
118 |
|
Deferred tax |
-12.3 |
-4.9 |
|
Total Tax Expenses |
95.7 |
113.1 |
|
Profit/(loss) for the year |
282.56 |
478.05 |
|
Other Comprehensive Income |
|
|
|
Items that will not be reclassified to Profit or Loss |
|
|
|
Remeasurement Gain/(Loss) on Defined Benefit Plan |
-15.02 |
8.35 |
|
Income Tax related to item on above |
4.37 |
-2.43 |
|
Net Gain/(Loss) on FVTOCI Equity Instrument |
0.2 |
1.36 |
|
Income Tax related to item on above |
-0.06 |
-0.4 |
|
Other Comprehensive Income for the year (Net of Tax) |
-10.51 |
6.88 |
|
Total Comprehensive Income for the year |
272.05 |
484.93 |
|
Earnings Per Share |
|
|
|
Basic EPS (₹ per Equity Share of ₹ 10 each) |
41.7 |
70.55 |
|
Diluted EPS (₹ per Equity Share of ₹ 10 each) |
34.49 |
58.36 |
|
Particulars |
31st March 2022 |
31 March 2021 |
|
Cash flow from Operating activities |
|
|
|
Profit before Tax |
378.26 |
591.15 |
|
Add: Adjustments for |
|
|
|
Depreciation and Amortisation |
72.84 |
76 |
|
Finance Cost |
150.81 |
146.69 |
|
Exchange Differences Loss |
- |
18.78 |
|
Bad debts written off |
1.72 |
1.08 |
|
Loss on Sales of Fixed Assets |
0 |
0.21 |
|
|
225.37 |
242.76 |
|
Interest income |
368.67 |
331.14 |
|
Income on Alternate Investment Fund |
0.66 |
- |
|
Profit on sale of investment |
- |
2.87 |
|
Profit on sale of Fixed Assets |
- |
230.96 |
|
Dividend |
0 |
- |
|
Liabilities no longer required written back |
0.14 |
0.5 |
|
Exchange Differences Gain |
16.09 |
- |
|
|
385.56 |
565.47 |
|
Operating Profit before Working capital changes |
218.07 |
268.44 |
|
(Increase) / Decrease in Inventories |
-41.95 |
-48.35 |
|
(Increase) / Decrease in Trade Receivables |
140.05 |
-377.92 |
|
(Increase) / Decrease in Other Financial Assets |
-191.04 |
192.45 |
|
(Increase) / Decrease in Other Assets |
6.48 |
7.7 |
|
(Increase) / Decrease in Other Bank balance |
11.63 |
23.14 |
|
Increase / (Decrease) in Trade Payables |
-106.71 |
232.53 |
|
Increase / (Decrease) in Other Current Liabilities |
-0.2 |
12.03 |
|
Increase / (Decrease) in Current Provisions |
9.37 |
8.67 |
|
Increase / (Decrease) in Non-Current Provisions |
5.03 |
-1.51 |
|
Cash generated from Operations |
50.73 |
317.18 |
|
Direct Taxes paid (Net of Refunds) |
-84.36 |
-141.09 |
|
Net Cash flow from/(used in) Operating Activities |
-33.63 |
176.09 |
|
Cash flow from Investing activities |
|
|
|
Purchase of Fixed Assets including Capital Advances |
-11.88 |
-11.86 |
|
Proceeds from Sale of Fixed Assets |
0.59 |
233.69 |
|
Intercorporate Loan given during the year |
-1,775.81 |
-1,893.70 |
|
Intercorporate Loan received back during the year |
1,521.40 |
1,337.44 |
|
Interest received |
368.32 |
334.82 |
|
Dividend received |
0 |
- |
|
Purchase of Investment |
-80 |
-309.99 |
|
Exchange rate difference on consolidation of subsidaries |
-6.36 |
-20.33 |
|
Proceeds from Sale of Investment |
- |
378.45 |
|
Net Cash flow from/(used in) Investing Activities |
16.26 |
48.52 |
|
Cash flow from Financing activities |
|
|
|
Repayment of Borrowings (Net) |
136.01 |
4.66 |
|
Interest paid |
-150.81 |
-125.8 |
|
Dividend paid on Equity Shares |
-16.22 |
-16.94 |
|
Net Cash flow from/(used in) Financing Activities |
-31.02 |
-138.08 |
|
Net Increase/(Decrease) in Cash and Cash Equivalents |
-48.39 |
86.53 |
|
Cash and Cash Equivalents at the beginning of the year |
110.56 |
24.03 |
|
Cash and Cash Equivalents at the end of the year |
62.17 |
110.56 |
|
Particulars |
31-Mar-22 |
31-Mar-21 |
|
Current Ratio (in times) |
4.37 |
6.15 |
|
Debt-Equity Ratio (in times) |
0.28 |
0.26 |
|
Debt Service Coverage Ratio (in times) |
2.76 |
3.81 |
|
Return on Equity Ratio (in %) |
7.27% |
12.11% |
|
Inventory Turnover Ratio (in times) |
6.11 |
5.63 |
|
Trade Receivables Turnover Ratio (in times) |
3.85 |
3.19 |
|
Trade Payable Turnover Ratio (in times) |
3.24 |
2.11 |
|
Net Capital Turnover Ratio (in %) |
98.87% |
79.61% |
|
Net Profit Ratio (in %) |
6.54% |
13.57% |
|
Return on Capital Employed Ratio (in %) |
10.73% |
15.72% |
|
Particulars |
2022 |
2021 |
|
Dividend per Share |
2.5 |
2.5 |
|
Retained Earnings (In Rs. Lacs) |
1,453.75 |
1,198.78 |
1. Revenue Growth: The company experienced a significant increase in revenue from operations, rising from ₹3,523.08 Lacs in March 2021 to ₹4,323.35 Lacs in March 2022. This indicates a robust growth in the core business activities.
2. Total Income Increase: The total income for the year also saw a notable increase, reaching ₹4,712.77 Lacs in March 2022 from ₹4,093.78 Lacs in March 2021. This demonstrates the overall growth and diversification of the company's income sources.
3. Effective Expense Management: Despite increased operations, the company managed its expenses efficiently, with the total expenses growing from ₹3,502.63 Lacs in March 2021 to ₹4,334.51 Lacs in March 2022. This suggests effective cost management strategies.
4. Profitability Decline: The profit before tax from operations decreased from ₹591.15 Lacs in March 2021 to ₹378.26 Lacs in March 2022, indicating a decrease in operational profitability during this period.
5. Earnings Per Share Reduction: The earnings per share (EPS) saw a decline, with the basic EPS dropping from ₹70.55 in March 2021 to ₹41.7 in March 2022, and the diluted EPS reducing from ₹58.36 in March 2021 to ₹34.49 in March 2022. This indicates a decrease in earnings available to equity shareholders.
6. Tax Efficiency: The company managed its tax expenses efficiently, with the total tax expenses reducing from ₹113.1 Lacs in March 2021 to ₹95.7 Lacs in March 2022. This suggests effective tax planning and management.
