Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
---|---|---|---|---|---|---|---|
Primex-40 | |||||||
Chitrakut Holdings Limited |
Particulars |
31 March 2021 |
31 March 2020 |
ASSETS |
|
|
Financial Assets |
|
|
Cash and cash equivalents |
9.34 |
84.74 |
Loans |
1914.21 |
1886.54 |
Investments |
148.18 |
94.03 |
Other financial assets |
127.49 |
130.01 |
Non-Financial Assets |
|
|
Current tax assets (Net) |
21.92 |
46.58 |
Investments |
45.61 |
45.61 |
deferred tax assets (Net) |
- |
7.81 |
Property, plant and equipment |
2.72 |
3.43 |
Other non financial assets |
1.28 |
0.96 |
TOTAL ASSETS |
2,270.73 |
2,299.71 |
EQUITY AND LIABILITIES |
- |
- |
Equity share capital |
732.00 |
732.00 |
Other equity |
1,534.50 |
1,525.45 |
Financial Liabilities |
|
|
Borrowings (other than debt securities) |
- |
40.64 |
Non-Financial Liabilities |
- |
- |
deferred tax liabilities (net) |
0.77 |
- |
Other non- financial liabilities |
3.47 |
1.62 |
TOTAL EQUITY AND LIABILITIES |
2,270.73 |
2,299.71 |
PARTICULARS |
31 March 2021 |
31 March 2020 |
Interest Income |
19.92 |
135.23 |
Dividend Income |
1.34 |
15.00 |
Sale of Products (including Excise Duty) |
199.02 |
164.21 |
Other income |
0.59 |
13.98 |
Total income |
220.87 |
328.42 |
Finance costs |
2.16 |
0.72 |
Impairment on Financial Instruments |
0.07 |
13.93 |
Purchase of stock-in-trade |
159.63 |
168.59 |
Changes in inventories of finished goods and work in progress |
2.53 |
67.68 |
Employee benefits expense |
28.60 |
18.70 |
Depreciation and amortization expense |
0.71 |
1.28 |
Other expenses |
7.91 |
136.72 |
Total expenses |
201.60 |
407.61 |
Profit/(Loss) before tax |
19.27 |
-79.19 |
Current tax |
56.28 |
- |
Deferred tax |
0.13 |
0.04 |
Profit/(Loss) for the year |
-37.13 |
-79.23 |
Items that will not be reclassified to profit or loss |
54.63 |
-10.13 |
Income tax relating to items that will not be reclassified to profit or loss |
-8.45 |
9.65 |
Other Comprehensive income for the period |
46.18 |
-0.49 |
Total comprehensive income for the period |
9.04 |
-79.71 |
Earnings per equity share |
|
|
Basic |
-0.51 |
-1.08 |
Diluted |
-0.51 |
-1.08 |
Particulars |
31 March 2021 |
31 March 2020 |
Cash flows from operating activities |
|
|
Profit / (Loss) before tax for the year |
19.27 |
-79.19 |
Adjustments for: |
|
|
Depreciation and amortisation Expenses |
0.71 |
1.29 |
Impairment on financial Instruments |
0.07 |
13.93 |
Operating profit before working capital changes |
20.05 |
-63.98 |
(Increase)/decrease in trade receivables |
- |
2.38 |
(Increase)/decrease in loans |
-27.73 |
-26.93 |
(Increase)/decrease in other financial assets |
2.53 |
67.68 |
(Increase)/decrease in current tax assets |
24.66 |
-14.73 |
(Increase)/decrease in other non financial assets |
-0.32 |
-0.07 |
Increase/(decrease) in other non financial liabilities |
1.85 |
-11.52 |
Cash generated by operations |
21.04 |
-47.17 |
Direct taxes (paid)/Refund |
56.28 |
- |
Net cash generated by operating activities |
-35.24 |
-47.17 |
Cash flows from investing activities |
|
|
Purchase of Investments |
-23.00 |
- |
Proceeds from sale of Investments |
23.47 |
13.55 |
Net cash generated by investing activities |
0.47 |
13.55 |
Cash flows from financing activities |
|
|
Increase/(decrease) in Borrowings |
-40.64 |
40.38 |
Net cash generated from financing activities |
-40.64 |
40.38 |
Net increase/(decrease) in cash and cash equivalents during the year |
-75.40 |
6.76 |
Cash and cash equivalents at the beginning of the year |
84.74 |
77.98 |
Cash and cash equivalents at the end of the year |
9.34 |
84.74 |
Here is a summary of the Cash Flow Statement for the years 2021 and 2020:
Operating Activities:
Profit/(Loss) Before Tax: In 2021, the company reported a profit before tax of 19.27, while in 2020, it incurred a loss of -79.19. This indicates a significant improvement in the company 's financial performance.
Adjustments: Various adjustments are made to the operating profit before considering changes in working capital. These adjustments include depreciation, amortization expenses, and impairment on financial instruments. These adjustments help in presenting a more accurate picture of the company 's operational performance.
Working Capital Changes: The changes in various components of working capital are considered here. In 2021, there were significant changes in trade receivables, loans, other financial assets, current tax assets, and other non-financial liabilities compared to the previous year. These changes have implications for the company 's liquidity and financial health.
Cash Generated by Operations: Despite the adjustments and changes in working capital, the company generated cash from its core operating activities. In 2021, cash generated amounted to 21.04, whereas in 2020, it was -47.17. This indicates an improvement in cash generation from operations compared to the previous year.
Direct Taxes Paid/Refund: In 2021, the company paid direct taxes amounting to 56.28. This is a significant cash outflow that affects the overall cash position.
Investing Activities:
Purchase and Sale of Investments: The company made investments during both years, with a higher purchase in 2021 compared to 2020. Additionally, there were proceeds from the sale of investments, contributing positively to cash flow. However, the net cash generated from investing activities was minimal in both years.
Financing Activities:
Borrowings: The company experienced a decrease in borrowings in 2021, while there was an increase in borrowings in 2020. This indicates a change in the company 's financing strategy.
Net Cash Generated from Financing Activities: The net cash generated from financing activities was negative in 2021, indicating a higher outflow compared to inflow. In contrast, it was positive in 2020, reflecting more inflows from financing activities.
Overall Cash Position:
Net Increase/(Decrease) in Cash and Cash Equivalents: The net change in cash and cash equivalents during the year is a crucial indicator of the company 's liquidity. In 2021, there was a significant decrease in cash (-75.40), indicating higher cash outflows compared to inflows. In contrast, there was a slight increase in cash (6.76) in 2020.
Cash and Cash Equivalents: The cash and cash equivalents at the end of the year were 9.34 in 2021, significantly lower than the previous year 's balance of 84.74. This highlights the impact of the company 's cash management and financial decisions on its liquidity position.
Particulars |
2021 |
2020 |
Dividend per Share |
- |
- |
Retained Earnings (Rs in Lakhs) |
514.18 |
529.17 |
Chitrakut Holdings Limited Recent Financial Performance
Dividend per Share: The specific dividend per share figure for 2021 and 2020 is not provided. Dividend per share represents the portion of a company 's earnings that is distributed to shareholders in the form of dividends. A higher dividend per share may indicate that the company is sharing more of its profits with shareholders.
Retained Earnings: Retained earnings for 2021 amounted to Rs. 514.18 Lakhs, while in 2020, they were Rs. 529.17 Lakhs. Retained earnings represent the portion of a company 's profits that is reinvested in the business rather than distributed as dividends. An increase in retained earnings suggests that the company has retained more of its profits for reinvestment or future growth.
To provide a more comprehensive analysis, it would be necessary to consider additional financial metrics such as revenue, net profit, assets, liabilities, and cash flows. Additionally, an analysis of trends over multiple years and a comparison to industry benchmarks and competitors would help in assessing the company 's financial health and performance.