| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| BVG India Limited |
| PARTICULARS | 2023 | 2022 |
| ASSETS | ||
| Non-current assets | ||
| Property, plant and equipment | 1,699.95 | 1,607.74 |
| Capital work-in-progress | 1.57 | 0.6 |
| Right-of-use asset | 44.98 | 61.03 |
| Investment property | 70.29 | 71.13 |
| Other intangible assets Financial assets | 9.65 | 8.91 |
| Investments | 1.58 | 1.56 |
| Other financial assets | 419.38 | 499.87 |
| Other tax assets (net) | 774.41 | 400.35 |
| Deferred Tax assets (net) | 870.34 | 779.99 |
| Other non-current assets | 123.71 | 126.2 |
| Total non-current assets | 4,015.86 | 3,557.38 |
| Current assets | ||
| Inventories | 102.63 | 1,680.77 |
| Financial assets | ||
| Investments | 32.51 | 31.56 |
| Trade receivables | 9,650.43 | 9,106.26 |
| Cash and cash equivalents | 534.58 | 489.09 |
| Other bank balances | 652.27 | 572 |
| Loans | 5.34 | 5.39 |
| Other financial assets | 2,762.64 | 2,616.83 |
| Other current assets | 1421.56 | 850.17 |
| Total current assets | 15,161.96 | 15,352.07 |
| TOTAL ASSETS | 19,177.82 | 18,909.45 |
| EQUITY AND LIABILITIES | ||
| Equity | ||
| Equity share capital | 257.1 | 257.1 |
| Instruments entirely equity in nature | 148.35 | 148.35 |
| Other equity | 9,823.41 | 8,635.31 |
| Total equity | 10,228.86 | 9,040.76 |
| LIABILITIES | ||
| Non-current liabilities | ||
| Financial liabilities | ||
| Borrowings | 985.15 | 387.53 |
| Lease liability | 34.91 | 56.01 |
| Provisions | 650.28 | 592.04 |
| Total non-current liabilities | 1,670.34 | 1,035.58 |
| Current liabilities | ||
| Financial liabilities | ||
| Borrowings | 2,983.37 | 3,304.03 |
| Lease liability | 24.71 | 20.33 |
| Trade payables | ||
| (a) Dues of micro and small enterprises | 133.82 | 65.37 |
| (b) Dues of other than micro and small enterprises | 1,914.94 | 1,392.03 |
| Other financial liabilities | 1,654.58 | 1,613.74 |
| Contract liabilities | - | 1,546.31 |
| Other current liabilities | 468.48 | 544.04 |
| Provisions | 55.86 | 49.35 |
| Current tax liabilities (net) | 42.86 | 297.91 |
| Total current liabilities | 7,278.62 | 8,833.11 |
| Total liabilities | 8,948.96 | 9,868.69 |
| TOTAL EQUITY AND LIABILITIES | 19,177.82 | 18,909.45 |
| PARTICULARS | 2023 | 2022 |
| Continuing operations | ||
| Income | ||
| Revenue from contracts with customers | 23,097.03 | 20,309.19 |
| Other income | 37.35 | 51.42 |
| Total income | 23,134.38 | 20,360.61 |
| Expenses | ||
| Cost of materials consumed | 2,211.65 | 2,004.30 |
| Employee benefits expense | 14,109.46 | 11,959.92 |
| Finance costs | 866.69 | 807.68 |
| Depreciation and amortisation expense | 234.97 | 236.18 |
| Other expenses | 3,823.55 | 3,451.20 |
| Total expenses | 21,246.32 | 18,459.28 |
| Profit before tax from continuing operations | 1,888.06 | 1,901.33 |
| Tax expenses | ||
| Current tax | -487.46 | -432.86 |
| Tax relating to earlier periods [(including MAT credit of 41.72 million (PY: Nil)] | 95.54 | 29.34 |
| Deferred tax [including MAT credit of Nil (PY: 41.72 million)] | 91.85 | 4.34 |
| Profit from continuing operations | 1,587.99 | 1,502.15 |
| Discontinued operations | ||
| (Loss) from discontinued operations before tax | -355.73 | -442.53 |
| Tax benefit of discontinued operations (net) | 33.2 | 149.12 |
| Profit/ (loss) from discontinued operations | -322.53 | -293.41 |
| Profit for the year | 1,265.46 | 1,208.74 |
| Other Comprehensive Income | ||
| Items that will not be reclassified to Statement of Profit and Loss | ||
| Re-measurement of defined benefit plan | -20.1 | 43.27 |
| Income tax effect relating to above item | 7.02 | -15.12 |
| Other comprehensive income for the year (net of tax) | -13.08 | 28.15 |
| Total comprehensive income for the year | 1,252.38 | 1,236.89 |
| Earnings per equity share for profit from continuing operations | ||
| Basic (INR) | 61.17 | 57.86 |
| Diluted (INR) | 59.6 | 56.38 |
| Earnings per equity share for profit from discontinued operations | ||
| Basic (INR) | -12.42 | -11.3 |
| Diluted (INR) (restricted to basic, if antidilutive) | -12.42 | -11.3 |
| Earnings per equity share for profit from continuing and discontinued operations | ||
| Basic (INR) | 48.75 | 46.56 |
| Diluted (INR) | 47.18 | 45.08 |
| PARTICULARS | 2023 | 2022 |
| A Cash flows from operating activities | ||
| Net profit before tax | ||
| Continuing operations | 1,888.06 | 1,901.33 |
| Discontinued operations | -355.73 | -442.53 |
| Profit before tax including discontinued operations | 1,532.33 | 1,458.80 |
| Adjustments : | ||
| Depreciation and amortization | 234.97 | 236.54 |
| Provision for doubtful debts (ECL) | 405.49 | 595.54 |
| Interest income | -27.96 | -34.32 |
| Finance cost | 866.69 | 807.68 |
| Operating Profit before working capital changes | 3,011.52 | 3,064.24 |
| Movements in working capital : | ||
| (Increase) / decrease in inventories | 1578.14 | 13.46 |
| (Increase) / decrease in trade receivables | -949.66 | -952.15 |
| (Increase) / decrease in loans | 5.64 | -31.43 |
| (Increase) / decrease in other financial assets | -21 | 606.23 |
| (Increase) / decrease in other assets | -58.75 | -165.1 |
| (Increase) / decrease in margin money deposits | -123.53 | -115.62 |
| Increase / (decrease) in trade payables | 591.36 | 240.77 |
| Increase / (decrease) in other financial liabilities | 30.23 | 79.33 |
| Increase / (decrease) in other current liabilities | -75.56 | -152.52 |
| Increase / (decrease) in contract liabilities | -1546.31 | 38.94 |
| Increase / (decrease) in provisions | 44.65 | 111.79 |
| Working capital changes | -524.79 | -326.3 |
| Cash generated from operations | 2,486.73 | 2,737.94 |
| Direct taxes paid (net of tax deducted at source and MAT credit utilisation), | -979.32 | -483.79 |
| net of refunds | ||
| Net cash flows from operating activities | 1,507.41 | 2,254.15 |
| B Cash flows from investing activities | ||
| Purchase of fixed assets (tangible and intangible fixed assets, capital work-in | -821.64 | -83.79 |
| progress, intangible assets under development) | ||
| Proceeds from sale of fixed assets | - | 0.05 |
| Purchase of non current investments | -0.97 | -1.32 |
| Net proceeds / (payment) for asset held for sale | - | 62.45 |
| (Investment in) / maturity of bank deposits (having original maturity of | -1.06 | 98.95 |
| more than three months) (net) | ||
| Interest received | 22.37 | 62.39 |
| Net cash used in investing activities | -801.3 | 138.73 |
| C Cash flows from financing activities | ||
| Proceeds from long term borrowings (Net) | 842.62 | 124.63 |
| Repayment of Long term borrowings | -241.83 | -249.44 |
| Proceeds from short term borrowings (net) | -320.66 | -1,529.84 |
| Proceeds on account of leases | -27.58 | -27.42 |
| Dividends paid / returns | -64.28 | - |
| Interest paid | -848.9 | -813.74 |
| Net cash used in financing activities | -660.63 | -2,495.81 |
| Net Increase / (decrease) in cash and cash equivalents (A+B+C) | 45.48 | -102.93 |
| Cash and cash equivalents at beginning of the year | 489.09 | 592.02 |
| Cash and cash equivalents at the end of the period | 534.57 |
489.09 |
1. Cash Flows from Operating Activities:
- In 2023, the net cash flow from operating activities amounted to Rs. 1,507.41 million. This represents the cash generated from the company 's core business operations during the year.
- Comparatively, in 2022, the net cash flow from operating activities was higher at Rs. 2,254.15 million, indicating stronger operational cash generation in the previous year.
2. Cash Flows from Investing Activities:
- In 2023, the net cash used in investing activities was Rs. -801.30 million. This includes cash outflows for the purchase of fixed assets and investments.
- Contrastingly, in 2022, the net cash used in investing activities was significantly lower at Rs. 138.73 million, indicating a lesser investment in fixed assets and investments compared to the following year.
3. Cash Flows from Financing Activities:
- In 2023, the net cash used in financing activities amounted to Rs. -660.63 million. This includes cash outflows for the repayment of borrowings and payment of dividends.
- In 2022, the net cash used in financing activities was much higher at Rs. -2,495.81 million, indicating a significant amount of cash was utilized for financing activities, possibly due to higher borrowing and repayment activities.
4. Net Increase/(Decrease) in Cash and Cash Equivalents:
- In 2023, there was a net increase in cash and cash equivalents of Rs. 45.48 million. This indicates that the company 's cash position improved slightly during the year.
- However, in 2022, there was a net decrease in cash and cash equivalents of Rs. -102.93 million, suggesting a reduction in the company 's cash reserves over the year.
5. Cash and Cash Equivalents at the Beginning and End of the Period:
- The cash and cash equivalents at the beginning of 2023 stood at Rs. 489.09 million, and by the end of the year, it increased to Rs. 534.57 million.
- Similarly, in 2022, the cash and cash equivalents at the beginning of the year were Rs. 592.02 million, and by the end of the year, it decreased to Rs. 489.09 million.
| Particulars | 2023 |
| EBITDA | 2.03 % |
| Networth | 13.14 % |
| Debt/Equity Ratio | 0.36 |
| Return on Equity | 0.1237 |
| Total Assets | 1.42 % |
| Fixed Assets | 4.40 % |
| Current Assets | -1.16 % |
| Current Liabilities | -17.60 % |
| Trade Receivables | 5.98 % |
| Trade Payables | 40.58 % |
| Current Ratio | 2.08 |
Insights into the financial health and performance of the company in 2023:
1. EBITDA Margin (Earnings Before Interest, Taxes, Depreciation, and Amortization): The EBITDA margin for 2023 is 2.03%. This indicates that for every rupee of revenue generated, the company 's EBITDA is 2.03 paise. It 's a measure of a company 's operating profitability.
2. Net Worth: The net worth of the company represents its total assets minus total liabilities. In 2023, the net worth is 13.14%, which means that 13.14% of the company 's total assets are financed by shareholders ' equity.
3. Debt/Equity Ratio: The debt-to-equity ratio measures the proportion of debt financing relative to equity financing. In 2023, the debt/equity ratio is 0.36, indicating that for every rupee of equity, the company has 0.36 rupees of debt.
4. Return on Equity (ROE): ROE measures the profitability of a company relative to its shareholder equity. In 2023, the return on equity is 0.1237 or 12.37%, indicating that the company generated a return of 12.37% on its shareholder equity during the year.
5. Total Assets: The total assets of the company increased by 1.42% in 2023 compared to the previous period. This represents the total resources owned by the company.
6. Fixed Assets: Fixed assets increased by 4.40% in 2023. These are long-term tangible assets held by the company for use in its operations.
7. Current Assets: Current assets decreased by -1.16% in 2023. These are assets that are expected to be converted into cash or used up within one year.
8. Current Liabilities: Current liabilities decreased significantly by -17.60% in 2023. These are obligations that are due within one year.
9. Trade Receivables: Trade receivables increased by 5.98% in 2023. These are amounts owed to the company by its customers for goods or services provided on credit.
10. Trade Payables: Trade payables increased by 40.58% in 2023. These are amounts owed by the company to its suppliers for goods or services purchased on credit.
11. Current Ratio: The current ratio is a liquidity ratio that measures the company 's ability to meet its short-term obligations with its short-term assets. In 2023, the current ratio is 2.08, indicating that the company has more than twice the current assets compared to its current liabilities, suggesting a healthy liquidity position.
|
Particulars |
2023 |
|
Dividend (final + interim) (In Rs.) |
2.50 |
