| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Asiatic Oxygen Ltd |
|
Particulars |
31-03-2023 |
31-03-2022 |
|
ASSETS |
|
|
|
Non-Current Assets |
|
|
|
Property, Plant and Equipment |
3,39,754 |
3,42,088 |
|
Intangible Assets |
7,354 |
7,354 |
|
Investment Property |
60,443 |
60,443 |
|
Other Non-Current Investments |
13,07,199 |
13,54,891 |
|
Long Term Loans and Advances |
6,70,985 |
7,42,753 |
|
Other Non-Current Financial Assets |
5,000 |
- |
|
Deferred Tax Assets (Net) |
22 |
- |
|
Current Assets |
|
|
|
Inventories |
5,537 |
5,735 |
|
Trade Receivables |
14,915 |
14,513 |
|
Cash and Cash Equivalents |
83,567 |
76,028 |
|
Other Bank Balances |
4,918 |
5,994 |
|
Short Term Loans & Advances |
2,05,899 |
1,72,119 |
|
Other Current Financial Assets |
28,916 |
18,215 |
|
Total Assets |
27,34,509 |
28,00,133 |
|
EQUITY AND LIABILITIES |
|
|
|
Equity |
|
|
|
Equity Share Capital |
16,521 |
16,521 |
|
Other Equity |
26,25,510 |
26,70,081 |
|
Non-Controlling Interest |
14,819 |
12,784 |
|
LIABILITIES |
|
|
|
Non-Current Liabilities |
|
|
|
Long Term Borrowings |
28,156 |
16,800 |
|
Total outstanding dues of creditors other than micro enterprises and small enterprises |
1,206 |
1,206 |
|
Other Non-Current Financial Liabilities |
6,689 |
6,689 |
|
Long Term Provisions |
9,975 |
13,652 |
|
Deferred Tax Liabilities (Net) |
- |
7,503 |
|
Current Liabilities |
|
|
|
total outstanding dues of creditors other than micro enterprises and small enterprises |
52 |
222 |
|
Derivative Financial Instruments |
5,642 |
29,258 |
|
Other Current Financial Liabilities |
25,939 |
25,417 |
|
Total Equity and Liabilities |
27,34,509 |
28,00,133 |
|
Particulars |
31-03-2023 |
31-03-2022 |
|
Revenue from Operations |
70,270 |
61,932 |
|
Other Income |
1,37,161 |
1,91,614 |
|
Total Income |
2,07,431 |
2,53,546 |
|
Cost of Materials Consumed |
15,724 |
15,092 |
|
Changes in Inventories of Finished Goods, Work-in-Progress and Stock-in-Trade |
- |
134 |
|
Employee Benefit Expenses |
38,845 |
36,881 |
|
Finance Costs |
3,651 |
143 |
|
Depreciation and Amortization Expenses |
3,275 |
3,280 |
|
Other Expenses |
1,10,499 |
56,858 |
|
Total Expenses |
1,71,994 |
1,12,388 |
|
Profit/(loss) before tax |
35,437 |
1,41,158 |
|
Current tax |
11,718 |
29,730 |
|
Income Tax for Earlier Years |
447 |
6 |
|
Deferred tax |
703 |
-919 |
|
Profit/(Loss) for the year after tax |
22,569 |
1,12,341 |
|
Profit/Loss attributable to the non- controlling interest |
2,035 |
2,567 |
|
Profit/Loss attributable to the shareholders of the Company |
20,534 |
1,09,774 |
|
Re-measurement gains/ (losses) on defined benefit plans |
506 |
228 |
|
Equity Instruments through Other Comprehensive Income |
-74,038 |
62,707 |
|
Income tax relating to items that will not be reclassified to Profit or Loss |
8,229 |
-7,304 |
|
Exchange rate difference on translation of financial statement of foreign operations |
198 |
56 |
|
Total Other Comprehensive Income/(Loss) net of Tax |
-65,105 |
55,687 |
|
Other comprehensive income attributable to the shareholders of the company |
-65,105 |
55,687 |
|
Total Comprehensive Income for the year |
-42,536 |
1,68,028 |
|
Total comprehensive income attributable to the non controlling interest |
2,035 |
2,567 |
|
Total comprehensive income attributable to the shareholders of the company |
-44,571 |
1,65,461 |
|
Earnings per equity share |
|
|
|
Basic |
12.43 |
66.45 |
|
Diluted |
12.43 |
66.45 |
|
Particulars |
31-03-2023 |
31-03-2022 |
|
Cash Flow from Operating activities |
|
|
|
Profit/ (Loss) before tax |
35,943 |
1,41,386 |
|
Non-cash adjustments |
|
|
|
Depreciation/Amortisation/Impairment |
3,275 |
3,280 |
|
Provision for Gratuity & Leave Encashment |
-3,677 |
1,865 |
|
Interest Income |
-89,260 |
-64,666 |
|
Dividend Income on Non-Current Investments |
-7,217 |
-7,476 |
|
Net Loss/(Gain) on sale of Non-Current Investments |
-39,957 |
-92,930 |
|
Profit on Sale of Property, Plant and Equipment |
- |
-1,742 |
|
Finance Costs |
3,651 |
143 |
|
Security Transaction Tax |
669 |
4,399 |
|
Operating Profit before working capital changes |
-96,573 |
-15,741 |
|
Movement in working capital: |
|
|
|
Decrease/(Increase) in Long Term Loans and Advances |
71,768 |
5,848 |
|
Decrease/(Increase) in Inventories |
198 |
1,021 |
|
Decrease/(Increase) in Other Non-Current Assets |
-5,000 |
5,994 |
|
Decrease/(Increase) in Other Current Assets |
- |
-4,273 |
|
Decrease/(Increase) in Trade Receivables |
-402 |
282 |
|
Decrease/(Increase) in Other Bank Balances |
1,076 |
-5,994 |
|
Decrease/(Increase) in Short Term Loans and Advances |
-27,753 |
-58,215 |
|
Decrease/(Increase) in Prepaid Expenses |
-59 |
72 |
|
Decrease/(Increase) in Trade Payables and other current liabilities |
-23,264 |
20,636 |
|
Cash generated from/ (used in) Operations |
-80,009 |
-50,370 |
|
Direct taxes (paid)/Refunds (net) |
-18,192 |
-31,670 |
|
Net Cash Flow from/ (used in) Operating activities (A) |
-98,201 |
-82,040 |
|
Cash Flow from Investing activities |
|
|
|
Purchase of Property, Plant and Equipment, Intangible Assets, Capital Work in Progress and Capital Advances |
-941 |
-24,513 |
|
Proceeds from sale of Property, Plant and Equipment |
- |
1,843 |
|
(Purchase)/Sale of non-current investment |
13,612 |
-77 |
|
Securities Transaction Tax |
-669 |
-4,399 |
|
Decrease/(Increase) in Other Current Assets |
-11,616 |
10,068 |
|
Interest Received |
90,234 |
64,666 |
|
Dividend Received from Non-Current Investments |
7,217 |
7,476 |
|
Net Cash Flow from/ (used in) Investing activities |
97,837 |
55,064 |
|
Cash Flow from Financing activities |
|
|
|
Proceeds/(Repayment) from borrowings (Net) |
11,356 |
15,947 |
|
Interest paid |
-3,651 |
-143 |
|
Net Cash Flow from/ (used in) Financing activities |
7,705 |
15,804 |
|
Net increase/(decrease) in cash and cash equivalents |
7,341 |
-11,172 |
|
Cash and cash equivalents at the beginning of the year |
76,028 |
87,144 |
|
Effect of exchange rate changes on cash and cash equivalents |
198 |
56 |
|
Cash and Cash Equivalents at the end of the year |
83,567 |
76,028 |
Here is a summary of the Cash Flow Statement for the years 2023 and 2022:
Cash Flow from Operating Activities:
The operating cash flow represents the cash generated or used by the company 's core business operations. In 2022, the company had a net cash outflow from operating activities of INR 82,040. This indicates that the company used more cash in its operations than it generated.
The primary reasons for this negative cash flow include a significant decrease in operating profit before working capital changes compared to the previous year, along with increased direct taxes paid.
Non-cash adjustments such as depreciation, provision for gratuity and leave encashment, and finance costs also impacted the cash flow.
Cash Flow from Investing Activities:
This section reflects cash flows related to investments in assets such as property, plant, equipment, and securities.
In 2022, the company had a net cash inflow from investing activities of INR 55,064. This indicates that the company generated more cash from its investments than it spent.
The major cash inflows include proceeds from the sale of property, plant, equipment, interest received, and dividends received from non-current investments.
Cash outflows primarily stem from purchases of property, plant, equipment, and intangible assets, along with investments in non-current assets.
Cash Flow from Financing Activities:
This section covers cash flows related to financing activities, including borrowing, repayment of borrowings, and payment of dividends.
In 2022, the company had a net cash inflow from financing activities of INR 15,804. This suggests that the company received more cash from financing activities than it used.
The primary sources of cash inflow include proceeds from borrowings, while cash outflows primarily consist of interest paid on borrowings.
Net Increase/(Decrease) in Cash and Cash Equivalents:
This figure represents the overall change in the company 's cash and cash equivalents during the period.
In 2022, there was a net increase in cash and cash equivalents of INR 7,341, indicating that the company ended the year with more cash than it began with.
Cash and Cash Equivalents at the End of the Year:
This represents the total amount of cash and cash equivalents held by the company at the end of the fiscal year.
In 2022, the company had cash and cash equivalents totalling INR 83,567.
|
Particulars |
2023 |
2022 |
|
Current Ratio (in times) |
14.39 |
10.91 |
|
Debt Equity Ratio (in times) |
0.01 |
0.01 |
|
Debt Service Coverage Ratio (in times) |
1.94 |
7.91 |
|
Return on Equity Ratio (in %) |
1.42% |
4.02% |
|
Trade Receivables Turnover Ratio (in times) |
4.34 |
4.06 |
|
Trade Payables Turnover Ratio (in times) |
29.44 |
25.78 |
|
Net Capital Turnover Ratio (in times) |
0.59 |
0.45 |
|
Net Profit Ratio (in %) |
21.90% |
47.62% |
|
Return on Capital Employed (in %) |
1.80% |
4.84% |
|
Return on Investment (in %) |
10.48% |
15.26% |
Here is a summary of the financial and operational metrics for Asiatic Oxygen Limited for the years 2023 and 2022:
Current Ratio: The current ratio has increased from 10.91 in 2022 to 14.39 in 2023, indicating a significant improvement in the company 's short-term liquidity position. This suggests that Asiatic Oxygen Limited has more than enough current assets to cover its short-term liabilities, which could be a positive sign for its financial health and ability to meet its obligations.
Debt Equity Ratio: The debt equity ratio remains low at 0.01 in both 2022 and 2023, indicating that the company is primarily financed through equity rather than debt. This signifies a conservative capital structure and a lower risk of financial distress due to excessive debt.
Debt Service Coverage Ratio: The debt service coverage ratio has decreased from 7.91 in 2022 to 1.94 in 2023. While still above 1, indicating that the company 's operating income is sufficient to cover its debt obligations, the decrease suggests a potential decrease in the company 's ability to service its debt. This could be a concern and may require further investigation into the company 's financial management and cash flow.
Return on Equity Ratio: The return on equity (ROE) ratio has declined from 4.02% in 2022 to 1.42% in 2023, indicating a decrease in the company 's ability to generate profits from its shareholders ' equity. This could be attributed to various factors such as lower net profits or increased equity capital.
Trade Receivables Turnover Ratio: The trade receivables turnover ratio has increased from 4.06 times in 2022 to 4.34 times in 2023, indicating an improvement in the efficiency of the company 's receivables management. A higher turnover ratio suggests that the company is collecting its receivables more quickly, which could improve its cash flow and liquidity.
Trade Payables Turnover Ratio: The trade payables turnover ratio has also increased from 25.78 times in 2022 to 29.44 times in 2023, indicating that the company is paying its suppliers at a faster rate. This could imply better credit terms negotiated with suppliers or improved working capital management.
Net Profit Ratio: The net profit ratio has decreased significantly from 47.62% in 2022 to 21.90% in 2023. This sharp decline indicates a lower proportion of net profits to total revenue, which could be a result of various factors such as increased expenses or reduced revenue.
Return on Capital Employed (ROCE): The return on capital employed has also declined from 4.84% in 2022 to 1.80% in 2023, indicating a decrease in the company 's ability to generate profits from its capital investments. This could signal inefficiencies in capital utilization or lower profitability of the company 's operations.
Return on Investment (ROI): The return on investment has decreased from 15.26% in 2022 to 10.48% in 2023, indicating a lower return generated from the company 's investments. This could be a cause for concern and may require further analysis of the company 's investment decisions and performance.
|
Particulars |
2023 |
2022 |
|
Dividend |
- |
- |
|
Retained Earnings (in thousand) |
13,63,017 |
13,42,483 |
Asiatic Oxygen Limited Recent Financial Performance
Dividend per Share: The specific dividend per share figure for 2023 and 2022 is not provided. Dividend per share represents the portion of a company 's earnings that is distributed to shareholders in the form of dividends. A higher dividend per share may indicate that the company is sharing more of its profits with shareholders.
Retained Earnings: Retained earnings for 2023 amounted to Rs. -13,63,017 thousand, while in 2022, they were Rs. -13,42,483 thousand. Retained earnings represent the portion of a company 's profits that is reinvested in the business rather than distributed as dividends. An increase in retained earnings suggests that the company has retained more of its profits for reinvestment or future growth.
To provide a more comprehensive analysis, it would be necessary to consider additional financial metrics such as revenue, net profit, assets, liabilities, and cash flows. Additionally, an analysis of trends over multiple years and a comparison to industry benchmarks and competitors would help in assessing the company 's financial health and performance.
