Beetel Teletech Annual Reports, Balance Sheet and Financials

Beetel Teletech Limited Balance Sheet (in Millions)

Beetel Teletech Limited Profit & Loss Statement (in Millions)

Beetel Teletech Limited Consolidated Cash Flow Statement (in Millions)

 Here is a summary of the Cash Flow Statement for the years 2023 and 2022, broken down by activity:

Operating Activities:

The net cash inflow from operating activities increased from 1,247.93 in 31-03-2021 to 1,831.22 in 31-03-2022. This increase was primarily due to adjustments made for operating profit before working capital changes and movements in working capital.

Adjustments for items such as finance costs, interest income, and provisions for doubtful debts affected the operating profit before working capital changes. Notably, there was a significant decrease in the provision for doubtful debts in 31-03-2022 compared to 31-03-2021.

Movements in working capital, including changes in trade receivables, inventories, and liabilities, also contributed to the change in net cash from operating activities. For instance, there was a decrease in trade receivables and inventories but an increase in trade payables and other liabilities in 31-03-2022 compared to the previous year.

Investing Activities:

The net cash inflow from investing activities increased from -34 in 31-03-2021 to 414.65 in 31-03-2022. This change was mainly influenced by proceeds from the disposal of property, plant, and equipment and payments for property, plant, and equipment.

Additionally, there were proceeds from a slump sale and investments in a joint venture, as well as interest received on investments. Notably, there was a significant increase in proceeds from the disposal of property, plant, and equipment in 31-03-2022 compared to the previous year.

Financing Activities:

The net cash outflow from financing activities increased from -1,206.94 in 31-03-2021 to -1,828.23 in 31-03-2022. This change was primarily due to proceeds from the repayment of borrowings and repayment of lease liability.

Additionally, there were interest payments made, reflecting the company 's financing activities and debt servicing obligations.

Change in Cash and Cash Equivalents:

The net increase in cash and cash equivalents was 417.64 in 31-03-2022, compared to 6.99 in 31-03-2021. This significant increase indicates improved cash management and operational performance.

Cash and cash equivalents at the end of 31-03-2022 were 667.45, a substantial increase from 243.1 recorded at the end of 31-03-2021. This increase suggests enhanced liquidity and financial stability for the company.

Components of cash and cash equivalents include cash in hand, balances with scheduled banks in current accounts, and fixed deposits. Notably, there was an increase in balances with scheduled banks in fixed deposits in 31-03-2022 compared to 31-03-2021, contributing to the overall increase in cash and cash equivalents.

Below are the Financial Ratios of Beetel Teletech Limited

Insight of the financial ratios of Beetel Teletech Limited for March 31, 2023

Current Ratio:

The current ratio measures the company 's ability to meet short-term obligations with its short-term assets. With a current ratio of 0.85 in 2022, the company has slightly improved its liquidity compared to the previous year, where it was 0.82. However, it still indicates that the company may face challenges in meeting its short-term liabilities with its current assets.

Debt to Equity Ratio:

The debt-to-equity ratio shows the proportion of debt financing relative to equity financing. A negative ratio indicates that the company 's equity exceeds its debt. In 2022, the company 's debt-to-equity ratio improved further from -2.07 in 2021 to -1.12, suggesting that the company relies more on equity financing rather than debt, which is generally considered favourable.

Debt Service Coverage Ratio:

The debt service coverage ratio indicates the company 's ability to cover its debt obligations with its operating income. A ratio below 1 indicates that the company may have difficulty covering its debt obligations. Despite being low, the ratio improved slightly from -0.01 in 2021 to 0.25 in 2022, suggesting a better ability to service debt.

Return on Equity Ratio:

The return on equity ratio measures the company 's profitability relative to shareholders ' equity. A negative ratio indicates a loss on equity investment. The company 's return on equity ratio deteriorated from 0.21% in 2021 to -0.37% in 2022, indicating a decline in profitability relative to shareholders ' equity.

Inventory Turnover Ratio:

The inventory turnover ratio shows how efficiently the company manages its inventory. An increase in this ratio indicates improved inventory management. The company 's inventory turnover ratio increased from 10.64 in 2021 to 16.12 in 2022, suggesting better inventory management efficiency.

Trade Receivable Turnover Ratio:

The trade receivable turnover ratio measures how efficiently the company collects its accounts receivable. An increase in this ratio indicates faster collection of receivables. The company 's trade receivable turnover ratio improved from 4.55 in 2021 to 7.39 in 2022, indicating better receivables management.

Trade Payable Turnover Ratio:

The trade payable turnover ratio measures how quickly the company pays its suppliers. An increase in this ratio suggests that the company is taking longer to pay its suppliers. The company 's trade payable turnover ratio increased from 3.2 in 2021 to 5.61 in 2022, indicating a lengthening of the payment period to suppliers.

Net Capital Turnover Ratio:

The net capital turnover ratio measures the efficiency of the company in generating sales revenue relative to its total capital employed. A negative ratio indicates that the company is not effectively utilizing its capital to generate sales. The company 's net capital turnover ratio deteriorated further from -12.18 in 2021 to -18.30 in 2022, suggesting inefficiency in capital utilization.

Net Profit Ratio:

The net profit ratio indicates the percentage of net profit earned relative to total revenue. Despite being positive, the net profit ratio improved significantly from -3.34% in 2021 to 2.65% in 2022, indicating a better bottom-line performance relative to revenue.

Return on Capital Employed:

The return on capital employed (ROCE) measures the company 's profitability relative to the total capital employed in the business. The company 's ROCE improved significantly from -0.40% in 2021 to 34% in 2022, indicating a substantial improvement in profitability relative to the capital employed.

Dividend History of Mysore Paints and Varnish Limited