| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Cochin International Airport Limited |
|
PARTICULARS |
2023 |
2022 |
2021 |
|
ASSETS |
|
|
|
|
Non-Current Assets |
|
|
|
|
a. Property, plant and equipment |
2,07,540.74 |
2,13,085.31 |
2,09,299.21 |
|
b. Capital work in progress |
11,277.39 |
9,036.14 |
18,704.78 |
|
c. Intangible assets |
77.98 |
98.76 |
125.55 |
|
d. Financial assets |
|
|
|
|
(i) Investments |
1,008.62 |
1,007.21 |
127.64 |
|
(ii) Other Financial Assets |
2541.78 |
342.99 |
656.39 |
|
e. Income tax assets (net) |
2,013.36 |
2,609.52 |
2,241.32 |
|
f. Other non-current assets |
2504.63 |
302.45 |
249.17 |
|
Current Assets |
|
|
|
|
a. Inventories |
5,534.57 |
2,159.81 |
1,579.56 |
|
b. Financial assets |
|
|
|
|
(i) Investments |
18603.36 |
0 |
|
|
(ii) Trade Receivables |
10,056.84 |
9,320.64 |
5,495.87 |
|
(iii) Cash & Cash equivalents |
4,606.78 |
1,381.71 |
1,258.90 |
|
(iv) Bank Balances other than (iii) |
72,149.28 |
8,243.04 |
8,039.93 |
|
(v) Loans |
0.09 |
0 |
|
|
(vi) Other financial assets |
1428.7 |
270.3 |
1,480.18 |
|
c. Income Tax Asset (net) |
0 |
68.73 |
1.17 |
|
d. Other current assets |
3,733.55 |
3,327.93 |
3,286.14 |
|
Total Assets |
3,43,077.67 |
2,51,254.56 |
2,52,545.82 |
|
EQUITY & LIABILITIES |
|
|
|
|
Equity |
|
|
|
|
a. Equity Share Capital |
38,257.47 |
38,257.47 |
38,257.47 |
|
b. Other Equity |
1,73,296.38 |
96,434.09 |
93,200.14 |
|
Equity attributable to owners of the company |
2,11,553.86 |
1,34,691.57 |
1,31,457.62 |
|
Non-Controlling Interest |
2.44 |
1.46 |
1.37 |
|
Total Equity |
2,11,556.30 |
1,34,693.03 |
1,31,458.99 |
|
Liabilities |
|
|
|
|
Non-Current Liabilities |
|
|
|
|
a. Financial Liabilities |
|
|
|
|
(i) Borrowings |
56,018.96 |
61,172.21 |
56,241.80 |
|
(ii) Other financial liabilities |
5,193.24 |
5,501.28 |
5,878.61 |
|
b. Provisions |
3,277.35 |
5,164.01 |
4,462.13 |
|
c. Deferred tax liabilities (net) |
10,588.64 |
5,718.35 |
4,610.09 |
|
d. Other non-current liabilities |
16,062.60 |
15,547.59 |
17,589.48 |
|
Current Liabilities |
|
|
|
|
a. Financial Liabilities |
|
|
|
|
(i) Borrowings |
11,378.78 |
6,837.48 |
10,025.42 |
|
(ii) Trade Payables - |
|
|
|
|
a) Total outstanding dues of Micro, Small and Medium Enterprises |
823.63 |
180.16 |
6.14 |
|
b) Total outstanding dues of creditors other than Micro, Small and Medium Enterprises |
5,003.98 |
3,391.36 |
1,752.52 |
|
(iii) Other financial liabilities |
16,864.44 |
8,958.39 |
16,758.78 |
|
b. Other current liabilities (net) |
3,883.31 |
3,173.79 |
3,168.25 |
|
c. Provisions |
2426.44 |
916.92 |
593.6 |
|
Total Equity and Liabilities |
3,43,077.67 |
2,51,254.56 |
2,52,545.82 |
|
PARTICULARS |
2023 |
2022 |
2021 |
|
Income |
|||
|
Revenue from Operations |
93,963.60 |
50,230.06 |
26,758.75 |
|
Other Income |
1,519.40 |
2,189.93 |
2,906.44 |
|
Total Revenue |
95483 |
52420 |
29665.2 |
|
Expenses: |
|||
|
Purchase of Stock in Trade |
14,507.20 |
7,057.91 |
847 |
|
Change in Inventories of stock in trade |
-3342.5 |
-559.36 |
1,571.22 |
|
Employee Benefits Expenses |
12,850.04 |
10,705.18 |
9,493.72 |
|
Finance Costs |
4,483.83 |
5,493.91 |
5,612.21 |
|
Depreciation and amortisation expenses |
14,167.61 |
14,536.86 |
14,107.32 |
|
Other Expenses |
13,647.94 |
10,329.13 |
10,336.88 |
|
Total Expenses |
56314.12 |
47563.63 |
41968.34 |
|
Profit / (loss) before exceptional items and tax |
39168.88 |
4856.37 |
-12303.14 |
|
Exceptional Items |
0 |
0 |
0 |
|
Profit before tax |
39168.88 |
4856.37 |
-12303.14 |
|
Tax expense: |
|||
|
a. Current tax |
4965.5 |
126.77 |
114.28 |
|
b. MAT Credit Entitlement |
-280.94 |
-104.17 |
-114.3 |
|
c. Tax expenses of earlier years |
-10.72 |
-0.01 |
-22.76 |
|
d. Deferred tax |
5,220.63 |
1,334.78 |
-2,992.91 |
|
|
9,894.47 |
1,357.37 |
-3,015.70 |
|
Profit for the period (V - VII) |
29274.41 |
3499 |
-9287.45 |
|
Other comprehensive income |
|||
|
- Items that will not be reclassified to Consolidated Statement of Profit or Loss |
-303.5 |
-462.88 |
274.21 |
|
(Re-measurement of defined employee benefit plans) |
|||
|
- Income tax relating to items that will not be reclassified to Consolidated Statement of Profit or Loss |
70.38 |
124.76 |
-71.39 |
|
Total comprehensive income for the period |
29,041.29 |
3,160.87 |
-9,084.63 |
|
(Profit / Loss + Other Comprehensive Income) |
|||
|
Profit for the year attributable to: |
|||
|
Owners of the Company |
29,273.42 |
3,498.91 |
-9,286.29 |
|
Non-Controlling Interests |
0.98 |
0.09 |
-1.16 |
|
|
29,274.41 |
3,499.00 |
-9,287.45 |
|
Share of Profit / (Loss) of Associate Company |
1.41 |
-2.43 |
0 |
|
Other Comprehensive Income attributable to: |
|||
|
Owners of the Company |
-233.12 |
-338.13 |
202.82 |
|
Non-Controlling Interests |
0 |
0 |
0 |
|
|
-233.12 |
-338.12 |
202.82 |
|
Total Other Comprehensive Income attributable to: |
|||
|
Owners of the Company |
29,041.72 |
3,158.35 |
-9,083.47 |
|
Non-Controlling Interests |
0.98 |
0.09 |
-1.16 |
|
|
29,041.29 |
3,160.87 |
-9,084.63 |
|
Earnings per equity share |
|||
|
Nominal Value of Share Rs.10 (Rs.10/-) |
|||
|
a. Basic |
7.59 |
0.83 |
-2.37 |
|
b. Diluted |
7.59 |
0.83 |
-2.37 |
|
PARTICULARS |
2023 |
2022 |
2021 |
|
A. Cash Flow from Operating Activities |
|
|
|
|
Profit before tax |
39,168.88 |
4,856.37 |
-12,303.14 |
|
Adjustments for : |
|
|
|
|
Provision for Tax |
-9,894.47 |
-1,357.37 |
3,015.70 |
|
Depreciation |
14,120.97 |
14,492.02 |
13,993.07 |
|
Amortisation |
46.64 |
44.84 |
55.65 |
|
Fixed assets written off |
- |
0.04 |
0.09 |
|
Loss / (Profit) on sale of fixed assets (Net) |
-9.73 |
-0.04 |
-6.82 |
|
Fair Value Gain on Financial Instruments recognised through P & L |
-227.9 |
-484.24 |
-383.55 |
|
Unwinding of discount |
227.9 |
484.24 |
383.55 |
|
OCI |
-233.12 |
-338.12 |
202.82 |
|
Deferred Government grant |
-141.55 |
-141.55 |
-172.67 |
|
Tax Expense for early years |
4673.84 |
22.59 |
-22.79 |
|
Deferred Tax |
4,870.28 |
1,108.26 |
-3,036.59 |
|
Re-measurements of defined benefit Plans |
612.51 |
917.2 |
863.71 |
|
Unrealised Foreign Exchange Loss / (Gain) |
- |
-23.39 |
92.05 |
|
Provision for Doubtful Debts and Advances |
-1642.4 |
560.64 |
- |
|
Reversal of Provision no longer required |
- |
-7.42 |
- |
|
Interest Income |
-1068.08 |
-520.63 |
-617.9 |
|
Dividend Income |
-2.5 |
- |
- |
|
Interest and Finance Charges |
4,255.94 |
5,009.67 |
5,228.66 |
|
Sub-total |
15,588.34 |
19,766.72 |
19,594.97 |
|
Operating Profit before working capital changes |
54,757.21 |
24,623.09 |
7,291.83 |
|
Adjustments for : |
|
|
|
|
(Increase) / Decrease in Inventories |
-3374.76 |
-580.25 |
1596.68 |
|
(Increase) / Decrease in Trade Receivables |
906.20 |
-4,275.48 |
1,878.53 |
|
(Increase) / Decrease in Repayments and Other Receivables |
-1,591.81 |
1,202.48 |
4,033.60 |
|
Increase / (Decrease) in Trade Payable / Other Liabilities |
17,876.51 |
-4,631.68 |
-17,110.01 |
|
|
13,816.14 |
-8,284.93 |
-9,601.20 |
|
Cash Generated from Operations |
68,573.36 |
16,338.16 |
-2,309.37 |
|
Direct Tax (payments) / refunds (net) |
-4008.95 |
-458.35 |
5232.69 |
|
Net Cash Flow from Operating Activities |
64,564.41 |
15,879.81 |
2,923.32 |
|
B. Cash Flow from Investing Activities |
|
|
|
|
Share Application Money pending allotment |
47,821.85 |
- |
- |
|
Purchase of Fixed Assets including capital work in progress |
-12452.63 |
-10,197.45 |
-15,806.77 |
|
Sale of Fixed Assets |
48.46 |
5.07 |
72.6 |
|
Investment in Equity Shares |
-1.41 |
-879.57 |
-26.66 |
|
Investment in Mutual Funds / State Government Treasury deposits |
-18603.36 |
- |
- |
|
Deposits in Bank |
-9754.9 |
-671.89 |
-1222.67 |
|
Interest Received |
926.14 |
670.95 |
657.94 |
|
Dividend Received |
2.50 |
- |
- |
|
Net Cash Flow from Investing Activities |
7986.65 |
-11,072.89 |
-16,325.56 |
|
C. Cash Flow from Financing Activities |
|
|
|
|
Interest Paid |
-4,251.43 |
-5,024.25 |
-5,230.79 |
|
Increase / (Decrease) of Term Loan |
-5153.25 |
4,930.41 |
3,501.88 |
|
Demand loan taken |
- |
- |
-1,200.00 |
|
Dividend paid including dividend tax (Unclaimed dividends) |
-55.05 |
-29.8 |
-10094.28 |
|
Net Cash Flow from Financing Activities |
-9,459.74 |
-123.64 |
-13023.18 |
|
Net increase in Cash and Cash Equivalents |
63091.32 |
4,683.28 |
-26,425.42 |
|
Cash and Cash Equivalents at beginning of the year, the components being: |
|
|
|
|
Cash on hand |
6.02 |
5.31 |
7.56 |
|
Balances with Banks on current accounts and fixed deposit accounts |
1,822.60 |
2,464.30 |
20,260.79 |
|
Bank Overdrafts |
-4,701.15 |
-10,025.42 |
-1,380.38 |
|
|
-2872.54 |
-7,555.81 |
18,887.97 |
|
Cash and Cash Equivalents at end of the year, the components being: |
|
|
|
|
Cash on hand |
6.04 |
6.02 |
5.31 |
|
Balances With banks on current accounts and fixed deposit accounts |
61,397.77 |
1,822.60 |
2,482.66 |
|
Bank Overdrafts |
-1185.03 |
-4,701.15 |
-10,025.42 |
|
Effect of exchange rate fluctuation on Bank Balances denominated in Foreign Currency |
- |
- |
- |
|
|
60,218.78 |
-2,872.54 |
-7,537.45 |
|
Net Increase / (decrease) as disclosed above |
63,091.32 |
4,683.27 |
-26,425.42 |
A. Cash Flow from Operating Activities:
1. Profit before tax:
- In 2023, the company reported a substantial profit before tax of 39,168.88, marking a significant improvement compared to the previous years (2022: 4,856.37, 2021: -12,303.14).
2. Adjustments (Positive/Negative):
- The operating profit was adjusted for various factors such as provisions, depreciation, fair value gains, tax expenses, and interest income. These adjustments play a crucial role in reflecting the company 's true operational cash flow.
3. Operating Profit before working capital changes:
- The operating profit before considering working capital changes showed a robust performance in 2023, reaching 54,757.21, compared to 24,623.09 in 2022 and 7,291.83 in 2021.
4. Cash Generated from Operations:
- The cash generated from operations exhibited a remarkable improvement in 2023, totalling 68,573.36. This contrasts with 16,338.16 in 2022 and a negative figure of -2,309.37 in 2021, indicating a significant turnaround in operational cash flow.
B. Cash Flow from Investing Activities:
1. Net Cash Flow:
- Investing activities in 2023 resulted in a positive cash flow of 7,986.65, a noteworthy change from the negative cash flows in 2022 (-11,072.89) and 2021 (-16,325.56). This suggests a more favorable investment situation or perhaps asset sales contributing to positive cash flow.
C. Cash Flow from Financing Activities:
1. Net Cash Flow:
- Financing activities showed a net outflow of cash in 2023, amounting to -9,459.74, primarily driven by interest payments, changes in term loans, and dividend distributions. This negative trend in financing activities contrasts with the relatively minor outflows in 2022 (-123.64) and 2021 (-13,023.18).
Net Increase in Cash and Cash Equivalents:
- The overall net increase in cash and cash equivalents for 2023 was substantial at 63,091.32, indicating a robust financial performance and improved liquidity compared to the previous years (2022: 4,683.28, 2021: -26,425.42).
Cash and Cash Equivalents at the end of 2023:
- Detailed components of cash and cash equivalents at the end of 2023 include 6.04 in cash on hand, 61,397.77 in balances with banks, and a bank overdraft of -1,185.03. The impact of exchange rate fluctuation on foreign currency-denominated bank balances is not specified.
|
Particulars |
2021 |
|
EBITDA |
-89.67 % |
|
Net-worth |
-12.90 % |
|
Debt/Equity Ratio |
0.47 |
|
Return on Equity |
-0.0686 |
|
Total Assets |
-12.03 % |
|
Fixed Assets |
-1.32 % |
|
Current Assets |
-62.42 % |
|
Current Liabilities |
-28.54 % |
|
Trade Receivables |
-53.68 % |
|
Trade Payables |
-8.40 % |
1. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization):
- EBITDA Margin:
EBITDA is reported at -89.67%. A negative EBITDA margin indicates that the company 's operating expenses and debt obligations are higher than its operating income. This could be a sign of financial distress or operational inefficiencies.
2. Financial Health and Leverage Ratios:
- Net-worth:
The Net-worth is reported at -12.90%, indicating that the company 's liabilities exceed its assets. A negative net worth is a concerning sign, suggesting that the company 's liabilities are greater than its total assets.
- Debt/Equity Ratio:
The Debt/Equity Ratio is reported at 0.47, which signifies that the company has a moderate level of debt in relation to its equity. This ratio indicates the proportion of debt used to finance the company 's assets relative to shareholders ' equity.
- Return on Equity (ROE):
The Return on Equity is reported at -0.0686, implying a negative return. A negative ROE suggests that the company did not generate positive returns for its shareholders during the period.
3. Asset and Liability Metrics:
- Total Assets:
Total Assets are reported at -12.03%, indicating a decline in the overall value of the company 's assets. This could be attributed to various factors such as depreciation, write-offs, or impairment of assets.
- Fixed Assets:
Fixed Assets are reported at -1.32%, indicating a decrease in the value of the company 's long-term assets. This could be due to factors such as depreciation, sale of assets, or write-downs.
- Current Assets:
Current Assets are reported at -62.42%, suggesting a significant reduction in the value of short-term assets. This may be due to a decrease in cash, receivables, or inventory.
- Current Liabilities:
Current Liabilities are reported at -28.54%, indicating a decline in the company 's short-term obligations. This could be due to the reduction of short-term debts or payables.
4. Trade Receivables and Trade Payables:
- Trade Receivables:
Trade Receivables are reported at -53.68%, indicating a substantial decrease in the value of amounts owed to the company by customers. This could be due to improved credit control or write-offs of bad debts.
- Trade Payables:
Trade Payables are reported at -8.40%, suggesting a decrease in the company 's short-term liabilities to suppliers. This may be due to improved payment terms or a reduction in purchases on credit.
|
Particulars |
2023 |
2022 |
2021 |
|
Dividend (final + interim) (In Rs.) |
3.50 |
- |
- |
