Blue Blends India Annual Report | Balance Sheet

Blue Blends India Limited (Blue Blends) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
Primex-40
Blue Blends India Limited

Blue Blends India Limited Balance Sheet (Rs)

Particulars	2020	2019
ASSETS
Non-Current Assets
a) Property, Plant and Equipment	171,173,618	207,470,812
b) Financial Assets
i) Investments	34,902,000	34,902,000
ii) Loans	-66,297,945	-66,081,660
c) Deferred tax assets (net)	42,200,000	42,200,000
d) Other non-current assets	106,373,912	121,570,185
Total Non-Current Assets	420,947,475	472,224,657
Current Assets	8,865,999	18,209,107
a) Inventories
b) Financial Assets
i) Trade receivables	281,434,239	319,435,219
ii) Cash and cash equivalents	199,491	336,018
iii) Bank balances other than	-73,007,081	-81,271,662
c) Current tax Assets (Net)	-	650,879
Total Current Assets	363,506,810	419,902,885
Total Assets	784,454,285	892,127,542
EQUITY AND LIABILITIES
EQUITY	216,512,130	216,512,130
a) Equity Share Capital
b) Other Equity	-560,702,726	-417,576,004
Total Equity LIABILITIES	-344,190,596	-201,063,874
Non-current Liabilities
a) Financial Liabilities
i) Redeemable Preference Share Capital	90,000,000	90,000,000
ii) Long term Borrowings	160,920,707	163,142,311
b) Long term provision - For Employee benefits	1,534,923	1,804,165
Total Non-current Liabilities	252,455,630	254,946,476
Current Liabilities
a) Financial Liabilities
i) Short term Borrowings	754,875,080	708,419,364
ii) Trade payables	121,314,171	129,825,576
Total current Liabilities	876,189,251	838,244,940
Total Liabilities	1,128,644,881	1,093,191,416
Total Equity and Liabilities	784,454,285	892,127,542

Blue Blends India Limited Profit & Loss Statement (Rs)

Particulars	2020	2019
INCOME
I Revenue from Operations :
a) Income from Operations	187,202,579	567,133,683
b) Other Operating Income	-	567,133,683
II Other Income		6,561,533
III Total Revenue		573,695,216
IV EXPENSES
Cost of Material Consumed	30,642,905	309,628,280
Changes in Inventories of Finished goods,	-209,837	71,268,204
Employee benefits expenses	21,685,890	49,620,878
Finance costs	87,152,631	74,932,318
Depreciation and amortization expenses	19,147,036	21,898,434
Other expenses	188,848,683	408,650,706
Total Expenses	347,267,308	935,998,820
V Profit / (Loss) before Exceptional and extraordinary items and tax	-143,148,288	-362,303,604
VI Exceptional Items	-	-88,686,049
Profit / (Loss) before tax	-143,148,288	-450,989,653
VII Tax Expenses:
(1) Adjustment in Taxation for earlier years	21,566	-3,679,407
VIII Profit / (Loss) for the Year	-143,126,722	-454,669,060
Other Comprehensive Income -
Items that will be reclassified to Profit or Loss	-949,047	-3,105,079
Total Comprehensive Income for the Year	-949,047	-3,105,079
(Comprising Profit and Other Comprehensive Income)	-144,075,769	-457,774,139
IX Earning Per equity Share
Basic and Diluted	-6.61

Blue Blends India Limited Consolidated Cash Flow Statement (Rs)

Particulars	2020	2019
A. Cash Flow From Operating Activities
Net Profit / (Loss) before Tax and Exceptional Item as per Profit and Loss Statement	-143,148,288	-450,989,653
Adjusted for:
Depreciation & Amortization	19,147,036	21,898,434
Sundry Balances Written Back	-4,578,650	1,361,294
Sundry Advances/ Deposit W/off	-	88,686,049
Sundry Debtors W/off	42,270,950	151,400,022
Interest & Finance Charges paid	87,152,631	74,932,318
Dividend and Interest Income	-150	-150
Deferred Revenue Expenditure W/off	15,196,273	15,196,273
(Profit)Loss on Sale of Assets	-10,757,241	-5,200,049
Operating Profit / (Loss) before Working Capital Changes		-102,715,462
Adjusted for:
Trade and Other Receivables	6,173,053	-60,531,670
Stock in Trade	9,343,108	83,371,611
Trade and Other Payables	-3,932,755	-11,612,897
Net Cash generated from Working Capital changes	11,583,406	11,227,044
Cash Flow from Operating Activities	16,865,967	-91,488,418
Direct Taxes paid	-2,766,542	-3,583,442
Net Cash Flow from Operating Activities - (A)	14,099,425	-95,071,860
B. Cash Flow from Investing Activities
Dividend and Interest Income	150	150
Interest & Finance Charges paid	-87,152,631	-74,932,318
(Purchase) / Sales of Fixed Assets (including Advances)(Net)	-424,076	18,191,207
(Purchase) / Sale of Investments (net)	28,331,475	-
Net Cash Flow from Investing Activities - (B)	-59,245,082	-56,740,961
C. Cash Flow from Financing Activities
(Increase) / Decrease in Given Long Term Advances	1,260,545	-1,272,945
(Increase) / Decrease in Given Long Term Loan & advances & Deposits	-216,285	4,831,183
Secured Long term Borrowings taken (repaid)	-2,604,088	85,525,312
Increase/(Decrease in Long Term Provisions for Employees benefits )	-269,242	-74,898
Short term Borrowings taken (repaid)	46,838,200	62,322,794
Net Cash Flow from Financing Activities - (C)	45,009,130	151,331,446
Net Increase in Cash and Cash Equivalents (A+B+C)	-136,527	-481,375
Opening Balance of Cash and Cash Equivalents	336,018	817,393
Closing Balance of Cash and Cash Equivalents	199,491	336,018

Certainly, here is a summary of the Cash Flow Statement for the years 2020 and 2019:

A. Cash Flow from Operating Activities:

1. Net Profit / (Loss) before Tax and Exceptional Item:

In 2020, the company reported a net loss of -143,148,288 Rs, while in 2019, it reported a significant loss of -450,989,653 Rs.

2. Adjustments:

Depreciation & Amortisation:

Non-cash expenses for asset depreciation were 19,147,036 Rs in 2020 and 21,898,434 Rs in 2019.

Sundry Balances Written Back:

A negative adjustment of -4,578,650 Rs in 2020 and a positive adjustment of 1,361,294 Rs in 2019.

Sundry Advances/Deposit W/off:

An adjustment of 88,686,049 Rs in 2019.

Sundry Debtors W/off:

Write-off of 42,270,950 Rs in 2020 and 151,400,022 Rs in 2019.

Interest & Finance Charges Paid:

Cash outflow of 87,152,631 Rs in 2020 and 74,932,318 Rs in 2019.

Deferred Revenue Expenditure W/off:

Write-off of 15,196,273 Rs in both 2020 and 2019.

(Profit) Loss on Sale of Assets:

Loss of -10,757,241 Rs in 2020 and -5,200,049 Rs in 2019.

3. Operating Profit / (Loss) before Working Capital Changes:

In 2020, the operating loss before working capital changes was -102,715,462 Rs.

4. Working Capital Changes:

Trade and Other Receivables:

An increase of 6,173,053 Rs in 2020 and a decrease of -60,531,670 Rs in 2019.

Stock in Trade:

An increase of 9,343,108 Rs in 2020 and 83,371,611 Rs in 2019.

Trade and Other Payables:

A decrease of -3,932,755 Rs in 2020 and -11,612,897 Rs in 2019.

Net Cash Generated from Working Capital Changes:

Positive cash flow of 11,583,406 Rs in 2020 and 11,227,044 Rs in 2019.

5. Cash Flow from Operating Activities:

Net cash inflow of 16,865,967 Rs in 2020 and a net cash outflow of -91,488,418 Rs in 2019.

6. Direct Taxes Paid:

Tax payments of -2,766,542 Rs in 2020 and -3,583,442 Rs in 2019.

7. Net Cash Flow from Operating Activities (A):

Positive net cash flow of 14,099,425 Rs in 2020 and a negative net cash flow of -95,071,860 Rs in 2019.

B. Cash Flow from Investing Activities:

1. Dividend and Interest Income:

Negligible income in both years.

2. Interest & Finance Charges Paid:

Cash outflow of -87,152,631 Rs in 2020 and -74,932,318 Rs in 2019.

3. (Purchase) / Sales of Fixed Assets (including Advances)(Net):

Net purchase of fixed assets resulting in an outflow of -424,076 Rs in 2020 and a net sale of 18,191,207 Rs in 2019.

4. (Purchase) / Sale of Investments (Net):

Net inflow from the sale of investments was 28,331,475 Rs in 2020, and no information was provided for 2019.

5. Net Cash Flow from Investing Activities (B):

Overall outflow of -59,245,082 Rs in 2020 and -56,740,961 Rs in 2019.

C. Cash Flow from Financing Activities:

1. (Increase) / Decrease in Given Long Term Advances:

An increase of 1,260,545 Rs in 2020 and a decrease of -1,272,945 Rs in 2019.

2. (Increase) / Decrease in Given Long Term Loan & Advances & Deposits:

A decrease of -216,285 Rs in 2020 and an increase of 4,831,183 Rs in 2019.

3. Secured Long-term Borrowings Taken (Repaid):

A repayment of -2,604,088 Rs in 2020 and a repayment of 85,525,312 Rs in 2019.

4. Increase/(Decrease in Long-Term Provisions for Employee Benefits):

A decrease of -269,242 Rs in 2020 and a decrease of -74,898 Rs in 2019.

5. Short-term Borrowings Taken (Repaid):

An inflow of 46,838,200 Rs in 2020 and an inflow of 62,322,794 Rs in 2019.

6. Net Cash Flow from Financing Activities (C):

Overall inflow of 45,009,130 Rs in 2020 and 151,331,446 Rs in 2019.

Blue Blends India Annual Reports, Balance Sheet and Financials

Blue Blends India Limited (Blue Blends) Return Comparision with Primex 40 Index

Blue Blends India Limited Balance Sheet (Rs)

Blue Blends India Limited Profit & Loss Statement (Rs)

Blue Blends India Limited Consolidated Cash Flow Statement (Rs)