| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Bombay Gas Company Limited |
|
Particulars |
2023 |
2022 |
|
EQUITY AND LIABILITIES |
|
|
|
Shareholders’ funds |
|
|
|
Share capital |
800.02 |
800.02 |
|
Reserves and Surplus |
-5,923.41 |
-3,625.41 |
|
|
-5,123.39 |
-2,825.39 |
|
Non-current liabilities |
|
|
|
Long term borrowings |
13,876.00 |
7,939.00 |
|
Other long term liabilities |
8,588.93 |
5,452.49 |
|
Long-term provisions |
380.32 |
271.33 |
|
|
22,845.25 |
13,662.82 |
|
Current liabilities |
|
|
|
Short-term borrowings |
775 |
1,150.00 |
|
Trade payables |
|
|
|
Total outstanding dues of micro, small and medium enterprises |
213.7 |
14.85 |
|
Total outstanding dues of creditors other than micro, small and medium enterprises |
1,570.08 |
1,320.60 |
|
Other current liabilities |
3,955.09 |
2,489.25 |
|
Short-term provisions |
475.73 |
457.42 |
|
|
6,989.60 |
5,432.12 |
|
TOTAL EQUITY AND LIABILITIES |
24,711.46 |
16,269.55 |
|
ASSETS |
|
|
|
Non-current assets |
|
|
|
Property, Plant & Equipment |
|
|
|
Tangible assets |
10,069.20 |
6,685.71 |
|
Intangible assets |
1,564.50 |
1,780.38 |
|
Capital work-in-progress |
2,048.39 |
1,047.54 |
|
Goodwill arising on Consolidation |
868.27 |
259.32 |
|
Non-current investments |
165.24 |
284.88 |
|
Deferred tax Asset (Net) |
68.68 |
58.68 |
|
Long-term loans and advances |
2,581.01 |
1,761.53 |
|
Other non current assets |
65.6 |
186.3 |
|
|
17,430.89 |
12,064.35 |
|
Current assets |
246.22 |
264.76 |
|
Inventories |
246.22 |
264.76 |
|
Trade receivables |
3,442.08 |
1,860.72 |
|
Cash and cash equivalents |
1,061.23 |
175.85 |
|
Short-term loans and advances |
1,457.08 |
963.57 |
|
Other current assets |
1,073.96 |
940.3 |
|
|
7,280.57 |
4,205.20 |
|
TOTAL ASSETS |
24,711.46 |
16,269.55 |
|
Particulars |
2023 |
2022 |
|
Revenue from operations |
12,885.43 |
8,252.39 |
|
Other income |
40.56 |
113.82 |
|
Total Income |
12,925.99 |
8,366.21 |
|
Expenses: |
|
|
|
Purchase of stock-in-trade |
25.01 |
106.92 |
|
Cost of revenue |
6,230.63 |
3,584.23 |
|
Changes in inventories of stock-in-trade |
18.63 |
-48.71 |
|
Employee benefits expenses |
2,182.59 |
1,621.31 |
|
Finance costs |
1,238.18 |
799.72 |
|
Depreciation and amortization expenses |
3,853.72 |
2,043.06 |
|
Operating & other expenses |
1,801.35 |
1,268.57 |
|
Total Expenses |
15,350.11 |
9,375.10 |
|
Profit / (Loss) before tax for the year |
-2,424.13 |
-1,008.88 |
|
Exceptional items - income / (expenses) |
36.32 |
- |
|
Profit / (Loss) before tax for the year |
-2,387.80 |
-1,008.88 |
|
Tax expense: |
5.6 |
2 |
|
Current tax |
-9.99 |
-88.92 |
|
Deferred tax |
- |
-13.36 |
|
Deferred tax for earlier years |
-20.3 |
- |
|
Short/ (Excess) provision for tax for earlier years |
-24.69 |
-100.28 |
|
Profit / (Loss) after tax for the year |
-2,363.11 |
-908.6 |
|
Profit/(Loss) after Minority interest |
-2,363.11 |
-908.6 |
|
Earnings per equity share (EPS) |
|
|
|
Basic / Diluted (Face value of Rs. 10 per share) |
-29.54 |
-11.36 |
|
Particulars |
2023 |
2022 |
|
A. Cash Flow from Operating Activities |
|
|
|
Net Profit / (Loss) before tax |
-2,424.13 |
-1,008.88 |
|
Adjustment for : |
|
|
|
Depreciation and amortisation charge |
3,853.72 |
2,043.06 |
|
Profit on sale of Property, Plant and Equipment |
- |
-0.05 |
|
Contingent provision for standard assets (Refer note 10.1 and 10.3) |
0.19 |
-0.19 |
|
General provision for standard assets (Refer note 10.2 and 10.3) |
- |
396.01 |
|
Provision for doubtful advances |
30.77 |
0.02 |
|
Provision for diminution in value of investment |
- |
0.01 |
|
Interest Paid |
1,231.41 |
790.96 |
|
Operating Cash Profit before Working Capital Changes |
2,691.96 |
2,220.92 |
|
Adjustment for : |
|
|
|
(Increase) / decrease changes in inventories |
18.54 |
-391.32 |
|
(Increase) / decrease changes in trade receivables |
-1,581.36 |
-1,019.17 |
|
(Increase) / decrease in other current Assets |
-133.66 |
-331.08 |
|
(Increase) / decrease in loans and advances |
-711.16 |
-492.05 |
|
(Increase) / decrease in Other non-current assets |
120.7 |
8.85 |
|
Increase / (decrease) in trade payables |
448.34 |
352.26 |
|
Increase / (decrease) in current liabilities |
696.08 |
335.71 |
|
Increase / (decrease) in long term liabilities |
3,136.43 |
2,214.87 |
|
Increase / (decrease) in provisions |
127.11 |
215.88 |
|
Cash Generated from Operations |
4,812.98 |
3,114.87 |
|
Taxes (Paid) / Refund |
-617.89 |
-258.5 |
|
Net Cash (used) / from Operating Activities |
4,195.09 |
2,856.37 |
|
Exceptional items - income / (expenses) |
36.32 |
- |
|
Net Cash (used) / from Operating Activities including Exceptional |
4,231.41 |
2,856.37 |
|
item |
|
|
|
B. Cash Flow from Investing Activities |
|
|
|
Increase in Payable towards Capital Expenditure |
302.84 |
44.91 |
|
Purchase of Property, Plant and equipment (including capital work in |
-8,022.19 |
-4,520.68 |
|
progress) (net) |
|
|
|
Proceeds from of Property, Plant and equipment |
- |
0.05 |
|
Purchase of shares from minority shareholders |
-608.95 |
|
|
Movement in Investment (net) |
119.65 |
120.71 |
|
Net Cash (used) / from Investing Activities |
-8,208.65 |
-4,355.00 |
|
C. Cash Flow from Financing Activities |
|
|
|
Loan from Ultimate Holding Company |
5,327.24 |
2,285.50 |
|
Loan repaid to Ultimate Holding Company |
-1,890.24 |
- |
|
Proceeds from issue of Non Convertible Debentures |
2,500.00 |
- |
|
Proceeds from loan repayable on demand |
400 |
-22.03 |
|
Proceeds from short term loans from others |
- |
375 |
|
Repayment of inter corporate loans |
-775 |
-424.89 |
|
Interest paid |
-764.5 |
-605.38 |
|
Increase/(Decrease) in Minority Interest |
65.11 |
- |
|
Net Cash (used) / from Financing Activities |
4,862.61 |
1,608.20 |
|
Net Increase / (decrease) in Cash and Cash equivalents (A + B + |
885.38 |
109.55 |
|
Opening Cash and Cash equivalents |
175.85 |
66.3 |
|
Closing Cash and Cash equivalents |
1,061.23 |
175.85 |
Certainly, here is a summary of the Cash Flow Statement for the years 2023 and 2022:
A. Cash Flow from Operating Activities:
- 2023: The net cash generated from operating activities amounted to Rs 4,195.09 million. This was derived from adjusting the net profit before tax with items like depreciation, interest paid, provisions, and changes in working capital components.
- 2022: Similarly, in 2022, the net cash from operating activities was Rs 2,856.37 million, obtained by reconciling the net profit before tax with various adjustments like depreciation, interest paid, provisions, and changes in working capital.
B. Cash Flow from Investing Activities:
- 2023: There was a net cash outflow of Rs 8,208.65 million due to significant capital expenditure on property, plant, and equipment, along with other investments.
- 2022: In 2022, the company had a net cash outflow of Rs 4,355.00 million mainly due to capital expenditure and investments made during the period.
C. Cash Flow from Financing Activities:
- 2023: The company acquired a net cash inflow of Rs 4,862.61 million from various financing activities such as loans obtained, debenture issuance, short-term loans, and changes in minority interest.
- 2022: The net cash from financing activities stood at Rs 1,608.20 million in 2022, primarily driven by loans obtained and repaid, inter-corporate loans, and interest paid.
Net Increase/(Decrease) in Cash and Cash Equivalents:
- 2023: The total increase in cash and cash equivalents for the year was Rs 885.38 million. The opening cash and cash equivalents were Rs 175.85 million, and after considering the cash flows from operating, investing, and financing activities, the closing cash and cash equivalents were Rs 1,061.23 million.
- 2022: In 2022, the net increase in cash and cash equivalents was Rs 109.55 million. The opening cash was Rs 66.3 million, and after the various cash flow activities, the closing cash and cash equivalents were Rs 175.85 million.
This breakdown provides a detailed view of how the company managed its cash flows through operating, investing, and financing activities in the specified years.
|
Ratio |
2023 |
2022 |
|
Current Ratio (in times) |
0.22 |
0.28 |
|
Debt-Equity Ratio (in times) |
0.17 |
0.08 |
|
Debt Service Coverage Ratio (in times) |
0.17 |
-0.06 |
|
Return on Equity Ratio (in %) |
2.69 |
-8.84 |
|
Inventory/Stock turnover ratio (in times) |
0.19 |
0.29 |
|
Trade Receivables turnover ratio (in times) |
18.43 |
17.7 |
|
Trade payables turnover ratio (in times) |
14.54 |
67.79 |
|
Net profit ratio (in %) |
26.06 |
-103.3 |
|
Return on Capital employed (in %) |
1.92 |
-9.74 |
Certainly! Here 's a summary of the financial ratios for the years 2023 and 2022:
Liquidity Ratios:
1. Current Ratio:
- 2023: 0.22 times
- 2022: 0.28 times
- Both years show a low current ratio, indicating potential difficulties in meeting short-term obligations with current assets.
Solvency Ratios:
2. Debt-Equity Ratio:
- 2023: 0.17 times
- 2022: 0.08 times
- The debt-equity ratio increased in 2023, suggesting a higher proportion of debt in the capital structure compared to equity.
3. Debt Service Coverage Ratio:
- 2023: 0.17 times
- 2022: -0.06 times
- Both years indicate a low debt service coverage ratio, potentially signaling challenges in covering debt obligations with operating income.
Profitability Ratios:
4. Return on Equity (ROE) Ratio:
- 2023: 2.69%
- 2022: -8.84%
- While the ROE improved in 2023, it 's still positive, indicating the generated net income in relation to shareholders ' equity.
5. Net Profit Ratio:
- 2023: 26.06%
- 2022: -103.28%
- The net profit ratio turned positive in 2023, showcasing a higher percentage of net profit generated from total revenue.
6. Return on Capital Employed (ROCE) Ratio:
- 2023: 1.92%
- 2022: -9.74%
- Although the ROCE improved in 2023, it remains relatively low, indicating the efficiency of capital utilization in generating profits.
Efficiency Ratios:
7. Inventory/Stock Turnover Ratio:
- 2023: 0.19 times
- 2022: 0.29 times
- The inventory turnover decreased in 2023, suggesting a slower rate of inventory movement.
8. Trade Receivables Turnover Ratio:
- 2023: 18.43 times
- 2022: 17.7 times
- Both years demonstrate a high turnover ratio, indicating the frequency at which receivables are collected within the period.
9. Trade Payables Turnover Ratio:
- 2023: 14.54 times
- 2022: 67.79 times
- The trade payables turnover decreased significantly in 2023, indicating a change in the payment policies or relationship with creditors.
