Bhagheeratha Engineering Annual Report | Balance Sheet

Bhagheeratha Engineering Ltd (Bhagheeratha Eng) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
Primex-40
Bhagheeratha Engineering Ltd

Bhagheeratha Engineering Limited Balance Sheet (In Rs. Crores)

Particulars	As at 31 March 2023	As at 31 March 2022
ASSETS
Non - Current Assets
a) Property , Plant and equipment and intangible asset
i) Property, Plant and Equipment	10.02	10.20
ii) Capital Work-in-Progress
b) Non Current Investment	0.15	0.15
c) Long term loans and Advances	8.92	9.00
d) Other non current assets	2.24	7.22
Total	21.33	26.58
Current Assets
a) Inventories	11.55	11.55
b) Trade Receivables	0.27	0.27
c) Cash & Cash Equivalents	47.77	46.63
d) Short term loan and advances	1.26	0.68
e) Other Current assets	1.66	1.51
Total	62.52	60.65
Total Assets	83.85	87.22
EQUITY & LIABILITIES
Shareholders 's Fund
a) Equity Share Capital	7.83	7.83
b) Reserves and surplus	-23.99	-28.92
Total Equity	-16.16	-21.09
Non - Current Liabilities
Long Term Borrowings	0.23	0.29
Deferred Tax Liability	0.15	0.18
Long Term Provisions	0.13	0.12
Total	0.51	0.58
Current Liabilities
a) Short term borrowings	-	0.04
b) Trade Payables	14.76	19.10
c) other current liabilities	83.39	88.37
d) Short term provisions	1.35	0.23
Total	99.50	107.73
Total liabilities	100.01	108.31
Total Equity & Liabilities	83.85	87.22

Bhagheeratha Engineering Limited Profit & Loss Statement (In Rs. Crores)

PARTICULARS	2023	2022
Revenue from Operations	-	-
Other Income	3.20	2.84
Total Income	3.20	2.84
Expenses
Work Expenses	0.96	0.92
Employee Benefit Expenses	0.52	0.50
Finance Costs	0.00	0.00
Depreciation & Amortization Expenses	0.28	0.21
Other Expenses	1.51	1.33
Share of Net Loss of joint ventures	0.01	0.01
Total Expenses	3.27	2.97
Profit/Loss before Exceptional Items	-0.07	-0.13
Exceptional Items	6.33	0.31
Profit/Loss before Tax	6.26	0.18
Tax Expenses:
Current Tax	1.35	0.23
Deferred Tax	-0.02	0.00
Profit & Loss for the period	4.93	-0.05
Earning per share
Basic	6.30	-0.07
Diluted	6.30	-0.07

Bhagheeratha Engineering Limited’s Cash Flow Statement (In Rs. Crores)

Particulars	31st March 2023	31 March 2022
A. Cash Flow from Operating Activities
Net Profit after Tax as per Statement of Profit and Loss	6.26	0.18
Adjustments for :
Non cash expense
Depreciation and Amortization expenses	0.28	0.21
Compensation Expense	0.72	0.18
Audit fee	0.04	0.04
Advances/ Debtors written off	0.01	0.08
Share of loss of joint venture	0.01	0.01
WDV assets written off	0.04	-
Uncertified work written off	1.75	-
Receipt from other Activities
Interest on Deposits	-2.48	-2.60
Profit on sale of assets(net)	0.00	-0.00
Non cash income
Compensation (Non Cash)	-0.00	-0.01
Creditors/payables written back	-5.69	-0.31
Operating Profit before Working Capital Changes	0.91	-2.24
Adjustments :
Increase / Decrease in Trade & other receivables	4.32	-0.17
Decrease in Trade Payables	-5.06	0.30
Decrease in other current liabilities and provision	0.06	-0.06
Cash Generated from Operations	0.24	-2.18
Income Tax	-1.35	-0.23
Net cash generated from operating activities	-1.11	-2.41
B. Cash flows from investing activities
Payments for purchase of fixed assets	-0.14	-0.25
Interest on Deposits	0.00	0.00
Sale of Fixed assets	2.48	2.60
Sale of Capital work in progress	-	0.01
Net cash used in investing activities	2.35	2.36
C. Cash flows from financing activities
Short term Borrowing Taken	-0.04	0.04
Proceeds from long term borrowings	-0.06	-0.11
Net Cash Flow from financing activities	-0.10	-0.07
Net Increase/Decrease in Cash (A+B+c)	1.14	-0.12
Add: Cash and Cash Equivalents at beginning	46.63	46.75
Cash and Cash Equivalents as at end	47.77	46.63

Bhagheeratha Engineering Limited Key Financial Ratios

Particulars	31-Mar-23	31-Mar-22
Current Ratio (in times)	0.64	0.56
Debt-Equity Ratio (in times)	-0.01	-0.01
Return on Equity Ratio (in %)	-30.50%	0.25%
Net Capital Turnover Ratio (in times)	-0.09	-0.06
Return on Capital Employed Ratio (in %)	-39.63%	-0.85%

Bhagheeratha Engineering Limited share Dividend History

Particulars	2023	2022
Dividend per Share	NIL	NIL
Retained Earnings (In Rs. Crores)	-23.99	-28.92

Bhagheeratha Engineering Limited Recent Financial Performance

Revenue and Income:

In 2023, the company did not have revenue from any fixed operations
Other income increased from Rs. 2.84 crores in 2022

Expenses:

Work expenses increased from Rs. 0.92 crores in 2022 to Rs. 0.96 crores in 2023.
Employee benefit expenses increased from Rs. 0.50 crores in 2022 to Rs. 0.52 crores in 2023.
Depreciation & amortization expenses increased from Rs. 0.21 crores in 2022 to Rs. 0.28 crores in 2023.
Other expenses increased from Rs. 1.33 crores in 2022 to Rs. 1.51 crores in 2023.
to Rs. 3.20 crores in 2023.
Total income increased from Rs. 2.84 crores in 2022 to Rs. 3.20 crores in 2023.

Earnings Per Share (EPS):

Basic and diluted EPS improved from negative Rs. -0.07 in 2022 to Rs. 6.30 in 2023.

Bhagheeratha Engineering Limited improved its financial performance in 2023 compared to 2022, with significant increases in total income, profit before tax, and net profit. However, it 's important to note that exceptional items played a significant role in this improvement.

Bhagheeratha Engineering Annual Reports, Balance Sheet and Financials

Bhagheeratha Engineering Ltd (Bhagheeratha Eng) Return Comparision with Primex 40 Index

Bhagheeratha Engineering Limited Balance Sheet (In Rs. Crores)

Bhagheeratha Engineering Limited Profit & Loss Statement (In Rs. Crores)

Bhagheeratha Engineering Limited’s Cash Flow Statement (In Rs. Crores)

Bhagheeratha Engineering Limited Key Financial Ratios

Bhagheeratha Engineering Limited share Dividend History

Bhagheeratha Engineering Limited Recent Financial Performance

Annual Report

Bhagheeratha Engineering Annual Report 2022-23

Bhagheeratha Engineering Annual Report 2021-22

Bhagheeratha Engineering Annual Report 2020-21