Bharat Bio Gas Energy Annual Reports, Balance Sheet and Financials

 Bharat Bio Gas Energy Limited Balance Sheet (Rs In Lakhs)

Bharat Bio Gas Energy Limited Profit & Loss Statement (Rs In Lakhs)

Bharat Bio Gas Energy Limited Consolidated Cash Flow Statement (Rs In Lakhs)

 Here is a summary of the Cash Flow Statement for the years 2018 and 2017:

Cash Flows from Operating Activities:

The net profit before taxation decreased from 3.67 in 2017 to 1.89 in 2018, indicating a decline in profitability.

Depreciation (Net) increased from 130.63 in 2017 to 179.55 in 2018, reflecting higher depreciation expenses.

Short-term provision for income tax was absent in 2017 but incurred a slight expense of -0.67 in 2018.

Interest income remained relatively stable, with a minor decrease from -3.69 in 2017 to -3.72 in 2018.

Operating profit before working capital changes decreased from 370.13 in 2017 to 298.07 in 2018.

There was an increase in trade payables and other current liabilities, but a decrease in other current assets, trade and other receivables, short-term loans and advances, and inventories.

Overall, changes in working capital resulted in a decrease from -162.76 in 2017 to -286.18 in 2018.

Net cash from operating activities decreased significantly from 207.36 in 2017 to 11.89 in 2018, primarily due to changes in working capital.

Cash Flows from Investing Activities:

There were no cash flows from investing activities in both 2017 and 2018.

Sale/(Purchase) of Fixed Assets resulted in a net cash outflow of -180.3092 in 2017 and -165.61 in 2018.

Interest received remained stable, with a slight increase from 3.69 in 2017 to 3.72374 in 2018.

Cash Flows from Financing Activities:

There were no cash flows from financing activities in 2017.

Interest and other financial charges paid decreased from -129.51599 in 2017 to -121.0232 in 2018.

Issue of Share Capital resulted in a cash inflow of 115.00 in 2017.

Long-term loans and advances resulted in a net cash outflow of -27.04436 in 2017.

Total proceeds from borrowings (Net of Repayments) resulted in a net cash inflow of 328.54397 in 2017.

In 2018, there was a net cash outflow of -367.88 from financing activities.

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

The net increase in cash and cash equivalents was 15.77 in 2018 compared to 8.78 in 2017.

Cash and cash equivalents at the beginning of the year were 27.27558 in 2017 and 39.06099 in 2018, increasing to 36.06 at the end of 2017 and 54.83 at the end of 2018.

Financial Ratios of Bharat Bio Gas Energy Limited

Insight of the financial ratios of Bharat Bio Gas Energy Limited For March 31, 2018

Total Debt/Equity Ratio:

The total debt/equity ratio increased from 5.45 in 2017 to 6.02 in 2018, indicating a higher level of leverage in 2018 compared to the previous year.

Total Debt/Total Assets Ratio:

The total debt/total assets ratio slightly decreased from 0.77 in 2017 to 0.76 in 2018, indicating a relatively stable level of debt in proportion to total assets.

Total Assets/Equity Ratio:

The total assets/equity ratio increased from 7.08 in 2017 to 7.96 in 2018, indicating a higher level of total assets financed by equity in 2018.

Net Debt/Equity Ratio:

The net debt/equity ratio increased from 5.33 in 2017 to 5.86 in 2018, suggesting a higher reliance on debt financing relative to equity.

Quick Ratio:

The quick ratio increased from 0.79 in 2017 to 0.88 in 2018, indicating an improvement in the company 's short-term liquidity position.

Current Ratio:

The current ratio decreased from 1.71 in 2017 to 1.38 in 2018, indicating a decrease in the company 's ability to cover its short-term liabilities with its current assets.

Interest Coverage Ratio:

The interest coverage ratio remained relatively stable at around 1.02 in 2018, indicating the company 's ability to cover its interest expenses with its earnings.

Return on Fixed Assets:

The return on fixed assets increased significantly from 0.02 in 2017 to 0.69 in 2018, indicating improved efficiency in utilizing fixed assets to generate profits.

Return on Equity (ROE):

ROE increased substantially from 0.06 in 2017 to 2.66 in 2018, indicating improved profitability and efficiency in generating returns for equity shareholders.

Return on Capital Employed (ROCE):

ROCE increased from 0.01 in 2017 to 0.55 in 2018, indicating better utilization of capital employed to generate profits.

Total Asset Turnover:

Total asset turnover decreased from 0.34 in 2017 to 0.25 in 2018, indicating a decrease in the company 's ability to generate sales relative to its total assets.

Fixed Asset Turnover:

Fixed asset turnover decreased from 0.59 in 2017 to 0.50 in 2018, indicating a decrease in the efficiency of utilizing fixed assets to generate revenue.

Dividend History: N/A