| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Carrier Airconditioning and Refrigeration Limited |
|
PARTICULAR |
March 31, 2023 |
March 31, 2022 |
March 31, 2021 |
|
I. ASSETS |
|
|
|
|
Non-current assets |
|
|
|
|
Property, plant and equipment |
6,499 |
6,766 |
7,264 |
|
Right-of-use assets |
2,402 |
1,970 |
1,165 |
|
Capital work-in-progress |
783 |
66 |
398 |
|
Intangible under development |
96 |
83 |
- |
|
Other intangible assets |
104 |
179 |
297 |
|
Financial assets |
|
|
|
|
Investments |
1 |
1 |
1 |
|
Loans |
423 |
273 |
185 |
|
Others |
296 |
283 |
321 |
|
Income tax assets (net) |
1,248 |
1,630 |
1,648 |
|
Deferred tax assets (net) |
4,993 |
3,754 |
3,639 |
|
Other non-current assets |
1,552 |
2,191 |
2,117 |
|
Total non-current assets |
18,397 |
17,196 |
17,035 |
|
Current assets |
|
|
|
|
Inventories |
34,364 |
33,681 |
25,130 |
|
Financial assets |
|
|
|
|
Trade receivables |
32,391 |
25,728 |
27,414 |
|
Cash and cash equivalents |
19,835 |
6,488 |
1,347 |
|
Loans |
115 |
161 |
277 |
|
Others |
3,232 |
2,895 |
2,423 |
|
Other current assets |
5,366 |
5,103 |
4,125 |
|
Total current assets |
95,303 |
74,056 |
60,716 |
|
TOTAL ASSETS |
1,13,700 |
91,252 |
77,751 |
|
II. EQUITY AND LIABILITIES |
|
|
|
|
Equity |
|
|
|
|
Equity share capital |
10,638 |
10,638 |
10,638 |
|
Other equity |
26,621 |
16,590 |
13,071 |
|
Total equity |
37,259 |
27,228 |
23,709 |
|
Liabilities |
|
|
|
|
Non-current liabilities |
|
|
|
|
Financial liabilities |
|
|
|
|
Lease liabilities |
1,714 |
1,354 |
537 |
|
Provisions |
5,929 |
5,891 |
5,627 |
|
Other non-current liabilities |
340 |
222 |
203 |
|
Total non-current liabilities |
7,983 |
7,467 |
6,367 |
|
Current Liabilities |
- |
- |
- |
|
Financial liabilities |
|
|
|
|
Lease liabilities |
789 |
614 |
709 |
|
Trade payables |
|
|
|
|
Total outstanding dues of micro and small enterprises; and |
676 |
1,269 |
908 |
|
Total outstanding of creditors other than micro and small enterprises |
52,276 |
41,880 |
36,344 |
|
Other current financial liabilities |
1,507 |
1,372 |
1,421 |
|
Other current liabilities |
10,803 |
9,651 |
7,253 |
|
Provisions |
2,407 |
1,771 |
1,040 |
|
Total current liabilities |
68,458 |
56,557 |
47,675 |
|
Total liabilities |
76,441 |
64,024 |
54,042 |
|
TOTAL EQUITY AND LIABILITIES |
1,13,700 |
91,252 |
77,751 |
|
PARTICULAR |
March 31, 2023 |
March 31, 2022 |
March 31, 2021 |
|
Income |
|
|
|
|
Revenue from operations |
2,19,719 |
1,61,207 |
1,21,813 |
|
Other income |
2,412 |
2,012 |
2,278 |
|
Total income |
2,22,131 |
1,63,219 |
1,24,091 |
|
Expenses |
|
|
|
|
Cost of materials consumed |
39,733 |
26,135 |
16,052 |
|
Purchase of traded goods (Including spares) |
1,10,476 |
82,624 |
50,596 |
|
Changes in inventories of finished goods, stock-in -trade and work-in-progress |
-2,834 |
-6,642 |
4,978 |
|
Employee benefits expense |
16,924 |
16,562 |
15,188 |
|
Finance costs |
206 |
272 |
1,054 |
|
Depreciation and amortization expense |
2,107 |
2,347 |
1,985 |
|
Other expenses |
41,337 |
36,222 |
30,898 |
|
Total expenses |
2,07,949 |
1,57,520 |
1,20,751 |
|
Profit before tax |
14,182 |
5,699 |
3,340 |
|
Tax expense/(credit) |
|
|
|
|
Current tax |
4,407 |
1,614 |
1,095 |
|
Deferred tax |
-1,218 |
-39 |
-164 |
|
Tax related to earlier years |
- |
-87 |
741 |
|
Profit for the year |
10,993 |
4,211 |
1,668 |
|
Other comprehensive income/(loss) |
|
|
|
|
Items that will not be reclassified to profit or (loss) |
-85 |
-302 |
193 |
|
Income tax related to items that will not be reclassified to profit or (loss) |
21 |
76 |
-49 |
|
Other comprehensive income for the year |
-64 |
-226 |
144 |
|
Total comprehensive income for the year |
10,929 |
3,985 |
1,812 |
|
Earnings per share (in Rs.) |
|
|
|
|
Nominal value of share INR 10 [previous year INR 10] |
|
|
|
|
Basic |
10.33 |
3.96 |
1.57 |
|
Diluted |
10.33 |
3.96 |
1.57 |
|
PARTICULAR |
31-Mar-23 |
31-Mar-22 |
|
Current Ratio |
1.39 |
1.31 |
|
Inventory Turnover Ratio |
3.89 |
3.13 |
|
Net Capital Turnover Ratio |
9.91 |
10.56 |
|
Return on Capital Employed |
31% |
17% |
|
Return on Equity Ratio |
30% |
16% |
|
Net Profit Ratio |
5% |
3% |
In the financial analysis for the years ending on March 31, 2023, and March 31, 2022, several key ratios provide valuable insights into the company 's performance and efficiency. Starting with liquidity, the current ratio has improved from 1.31 to 1.39, indicating enhanced short-term liquidity and the company 's ability to cover immediate liabilities.
Moving to operational efficiency, the inventory turnover ratio has increased from 3.13 to 3.89, reflecting more effective management of inventory during the respective periods. However, the net capital turnover ratio has witnessed a slight decrease from 10.56 to 9.91, suggesting a potential reduction in sales relative to the capital employed. Further investigation into the factors influencing this ratio would be beneficial.
Profitability ratios showcase significant improvements. The Return on Capital Employed (ROCE) has surged from 17% to 31%, indicating enhanced profitability concerning the capital invested. Similarly, the Return on Equity (ROE) has increased from 16% to 30%, signifying improved returns for equity investors. Moreover, the net profit ratio has risen from 3% to 5%, indicating enhanced profitability as a percentage of sales.
In summary, the company has demonstrated positive trends in liquidity, inventory management, and profitability ratios between the two years. These improvements suggest effective operational strategies and utilization of capital. However, the decrease in the net capital turnover ratio warrants further scrutiny to uncover the underlying dynamics of sales in relation to the capital employed.
|
PARTICULAR |
2023 |
2022 |
2021 |
|
Dividend (final + interim) (In Rs.) |
1 |
1 |
0.5 |
|
Retained Earnings (In Rs. Thousands) |
24,495 |
14,599 |
11,029 |
