| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Chennai Super Kings Cricket Limited |
| Particulars | 31-Mar-23 | 31-Mar-22 |
| ASSETS | ||
| Property, Plant and Equipment | 142.86 | 129.89 |
| Capital work-in-progress | 17.01 | - |
| Intangible Assets | 3.12 | 6.16 |
| Financial Assets: | ||
| Investments | 6.51 | - |
| Other Financial Assets | 0.12 | 0.08 |
| Deferred Tax Assets | 0.93 | 0.64 |
| Other Non-Current Assets | 17.98 | 46.37 |
| TOTAL NON-CURRENT ASSETS | 188.53 | 183.14 |
| Current Assets | ||
| Financial Assets: | ||
| Trade Receivables | 6.48 | 37.41 |
| Cash and Cash Equivalents | 25.52 | 135.45 |
| Loans | 180.69 | 0.06 |
| Other Financial Assets | 1.31 | 0.06 |
| Other Current Assets | 58.12 | 34.46 |
| TOTAL CURRENT ASSETS | 272.12 | 207.43 |
| TOTAL ASSETS | 460.66 | 390.57 |
| EQUITY AND LIABILITIES | ||
| Equity | ||
| Equity Share Capital | 3.08 | 3.08 |
| Other Equity | 258.45 | 245.65 |
| TOTAL-EQUITY | 261.53 | 248.74 |
| Non-Current Liabilities | ||
| Financial Liabilities | ||
| Borrowings | - | - |
| Lease Liabilities | 4.12 | 0.08 |
| Provisions | 0.63 | 0.37 |
| Deferred Tax Liabilities (Net) | - | - |
| TOTAL NON-CURRENT LIABILITIES | 4.75 | 0.45 |
| Current Liabilities | ||
| Financial Liabilities | ||
| Borrowings | 65 | 64.5 |
| Lease Liabilities | 0.72 | 0.17 |
| Trade Payables | ||
| Total outstanding dues of micro enterprises and small enterprises | 0.1 | - |
| Total outstanding dues of creditors other than micro enterprises and small enterprises | 39.19 | 28.25 |
| Provisions | 0.05 | 0.02 |
| Other Current Liabilities | 89.33 | 48.45 |
| TOTAL CURRENT LIABILITIES | 194.38 | 141.39 |
| TOTAL LIABILITIES | 199.13 | 141.83 |
| TOTAL EQUITY AND LIABILITIES | 460.66 | 390.57 |
|
PARTICULARS |
2023 |
2022 |
|
a) Revenue from Operations |
305.86 |
341.05 |
|
b) Other Income |
19.44 |
8.10 |
|
Total Revenue |
325.30 |
349.15 |
|
Expenses |
|
|
|
a) Cost of Operations |
268.05 |
281.49 |
|
b) Employee benefits expense |
3.80 |
3.19 |
|
c) Finance costs |
10.30 |
6.26 |
|
d) Depreciation and amortisation expense |
5.03 |
2.51 |
|
e) Other expenses |
5.98 |
14.95 |
|
Total Expenses |
293.16 |
308.40 |
|
Profit Before Exceptional items and Tax |
32.14 |
40.75 |
|
Exceptional Items |
- |
- |
|
Profit Before Tax |
32.14 |
40.75 |
|
Tax Expenses |
|
|
|
a) Current Tax |
18.64 |
11.02 |
|
b) Deferred Tax |
-0.29 |
-1.82 |
|
Total Tax Expenses |
18.35 |
9.21 |
|
Profit for the period |
13.79 |
31.54 |
|
Other Comprehensive Income / (Loss) |
- |
- |
|
Items that will not be reclassified to Profit or (Loss) |
- |
- |
|
Remeasurement of net defined benefit Plan |
0.01 |
0.00 |
|
Income tax relating to Items that will not be reclassified to Profit or Loss |
-0.03 |
-0.00 |
|
Items that will be reclassified to Profit or (Loss) |
- |
- |
|
Exchange difference in translating the financial statements of a foreign operation |
-0.98 |
- |
|
Other Comprehensive Income / (Loss) |
-0.99 |
0.00 |
|
Total Comprehensive Income |
12.79 |
31.54 |
|
Earnings per equity share for continuing operations |
|
|
|
[Face value of ` 0.10 each] |
|
|
|
a) Basic |
0.42 |
1.02 |
|
b) Diluted |
0.34 |
0.83 |
|
Earnings per equity share for continuing operations |
|
|
|
[Face value of ` 0.10 each] |
|
|
|
a) Basic |
0.42 |
1.02 |
|
b) Diluted |
0.34 |
0.83 |
|
Particulars |
31st March 2023 |
31 March 2022 |
|
A. CASH FLOW FROM OPERATING ACTIVITIES |
|
|
|
Net Profit before exceptional items and tax |
70.53 |
40.75 |
|
Other Comprehensive Income |
0.09 |
0.00 |
|
Adjustments for |
|
|
|
Depreciation |
3.63 |
2.51 |
|
Finance costs |
10.06 |
6.26 |
|
Interest income |
-19.19 |
-8.10 |
|
Loss on Assets Discarded |
- |
11.41 |
|
Net Adjustments |
-5.50 |
12.09 |
|
Operating Profit before Working Capital Changes |
65.12 |
52.84 |
|
Changes in Working Capital |
|
|
|
Adjustments for (increase) / decrease in operating assets |
|
|
|
Trade Receivables |
31.70 |
-15.49 |
|
Other Financial Assets |
-1.27 |
0.09 |
|
Other Current Assets |
-13.31 |
-27.22 |
|
Other Non-Current Assets |
28.78 |
-24.24 |
|
Liabilities |
|
|
|
Trade payables |
8.02 |
14.70 |
|
Other Current liabilities |
37.23 |
28.37 |
|
Short-term provisions |
0.02 |
0.01 |
|
Long-term provisions |
0.15 |
0.07 |
|
Net Adjustments |
91.32 |
-23.69 |
|
Cash Generated From Operations |
156.44 |
29.14 |
|
Direct Taxes |
-18.64 |
-11.02 |
|
Net cash from Operating activities [A] |
137.80 |
18.12 |
|
B. CASH FLOW FROM INVESTING ACTIVITIES |
|
|
|
Purchase of Fixed Assets/ Intangibles |
-22.09 |
-4.94 |
|
Purchase of Investments |
-51.95 |
-0.10 |
|
Loans |
-189.29 |
-1.93 |
|
Interest income |
19.19 |
8.10 |
|
Net cash from Investing activities [B] |
-244.13 |
1.13 |
|
C. CASH FLOW FROM FINANCING ACTIVITIES |
|
|
|
(Repayment) / Proceeds from borrowings |
0.50 |
0.57 |
|
Interest paid |
-10.06 |
-6.26 |
|
Net cash from Financing Activities [C] |
-9.55 |
-5.69 |
|
Net (decrease) / increase in cash and cash equivalents (A+B+C) |
-115.89 |
13.55 |
|
Cash and cash equivalents at the beginning of the period |
135.35 |
121.80 |
|
Cash and cash equivalents at the end of the period |
19.46 |
135.35 |
Below are the Key Financial Ratios of CHENNAI SUPER KINGS CRICKET Limitedplease write summary of given Key Financial Ratios
|
Particulars |
31-Mar-23 |
31-Mar-22 |
|
Current Ratio (in times) |
1.41 |
1.47 |
|
Debt-Equity Ratio (in times) |
0.22 |
0.26 |
|
Debt service coverage ratio |
8.08 |
7.78 |
|
Return on Equity Ratio (in %) |
0.19 |
0.14 |
|
Trade Receivables Turnover Ratio (in times) |
12.67 |
11.5 |
|
Trade Payable Turnover Ratio (in times) |
6.34 |
14.18 |
|
Net Capital Turnover Ratio (in times) |
3.57 |
5.17 |
|
Net Profit Ratio (in %) |
0.19 |
0.09 |
|
Return on Capital Employed Ratio (in %) |
0.22 |
0.15 |
|
Particulars |
2023 |
2022 |
|
Dividend per Share |
- |
- |
|
Retained Earnings (In Rs. Crores) |
240.61 |
226.82 |
Revenue from Operations:
In 2023, revenue from operations was ₹305.86 crores, showing a decrease from ₹341.05 crores in 2022.
This indicates a decline in the company 's core revenue generation activities between the two years.
Profit for the Period:
The profit for the period in 2023 was ₹13.79 crores, significantly lower than ₹31.54 crores in 2022.
This substantial drop in net profit suggests challenges in the company 's operational performance.
Total Comprehensive Income:
Total comprehensive income also decreased to ₹12.79 crores in 2023, down from ₹31.54 crores in 2022.
The decrease in comprehensive income reflects a less favorable financial position.
Earnings per Equity Share (Basic and Diluted):
Both basic and diluted earnings per equity share declined in 2023, with ₹0.42 (basic) and ₹0.34 (diluted), compared to ₹1.02 (basic) and ₹0.83 (diluted) in 2022.
This indicates a decrease in earnings attributable to each share.
Comparison:
Overall, the financial performance of the company deteriorated from 2022 to 2023, with decreases in revenue, profit before tax, and net profit.
The increase in other income partially offset the decline in core revenue but couldn 't prevent a significant drop in profitability.
The company should analyze the factors behind these declines and implement strategies to improve its financial performance in the future.
