| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| DCM Hyundai Limited |
|
Particulars |
2023 |
2022 |
|
ASSETS |
||
|
Non-Current Assets |
||
|
Property, plant and equipment |
805.82 |
153.81 |
|
Intangible Assets |
1.59 |
4.77 |
|
Financial Assets |
||
|
Investments in subsidiary and associates |
19.21 |
|
|
Loans |
3.83 |
3.83 |
|
Other financial assets |
45.15 |
47.31 |
|
Deferred tax assets(net) |
31.66 |
42.01 |
|
Income tax assets(net) |
11.02 |
7.04 |
|
Current Assets |
||
|
Financial assets |
||
|
Trade receivables |
337.97 |
811.01 |
|
Cash and cash equivalents |
447.15 |
54.25 |
|
Other bank balances |
3.94 |
3.94 |
|
Loans |
1,137.33 |
1,915.16 |
|
Other financial assets |
||
|
Other Current Assets |
119.37 |
20.68 |
|
TOTAL ASSETS |
2,944.83 |
3,083.02 |
|
EQUITY AND LIABILITIES |
||
|
EQUITY |
||
|
Equity share capital |
400.15 |
400.15 |
|
Other equity |
2,498.23 |
2,413.44 |
|
Total Equity |
2,898.38 |
2,813.59 |
|
LIABILITIES |
||
|
Non-Current Liabilities |
||
|
Financial Liabilities |
2.55 |
2.98 |
|
Provisions |
||
|
Current Liabilities |
||
|
Financial Liabilities |
||
|
Borrowings |
200.00 |
|
|
Other financial liabilities |
17.79 |
29.78 |
|
Provisions |
0.16 |
0.16 |
|
Other current liabilities |
25.95 |
36.51 |
|
TOTAL LIABILITIES |
46.45 |
269.43 |
|
TOTAL EQUITY AND LIABILITIES |
2,944.83 |
3,083.02 |
|
Particulars |
2023 |
2022 |
|
Revenue |
||
|
Revenue from Operation |
222.39 |
149.76 |
|
Other Income |
125.15 |
149.50 |
|
Total Revenue |
347.54 |
299.26 |
|
Expenses |
||
|
Purchase of traded goods |
14.00 |
|
|
Depreciation and amortisation expenses |
57.80 |
33.39 |
|
Finance costs |
10.89 |
17.16 |
|
Employee benefits expenses |
21.86 |
42.89 |
|
Other expenses |
143.78 |
65.52 |
|
Total expenses |
234.33 |
172.96 |
|
Profit before tax |
113.21 |
126.30 |
|
Tax expense: |
||
|
Current tax expense |
19.06 |
21.50 |
|
Deferred tax(credit)/charge |
13.53 |
11.84 |
|
Tax expense for earlier year |
4.80 |
|
|
Total tax expenses |
32.59 |
38.14 |
|
Profit/(Loss) for the year |
80.62 |
88.16 |
|
Other comprehensive income/(expenses) |
||
|
Items that will not be reclassified to profit and loss |
0.98 |
8.88 |
|
Income tax pertaining to items that will not be reclassified to profit and loss |
3.19 |
(3.52) |
|
Other Comprhensive income/(expenses) for the year, net of taxes |
4.17 |
5.36 |
|
Total comprehensive income for the year, net taxes |
84.79 |
93.52 |
|
Earnings per share:(Face value Rs.10 per share) |
||
|
Basics |
2.01 |
2.20 |
|
Diluted |
2.01 |
2.20 |
|
Particulars |
2023 |
2022 |
|
A.Cash Flows From Operating Activities |
||
|
Profit before tax |
113.21 |
126.30 |
|
Adjustments for: |
||
|
Depreciation and amortization expenses |
57.80 |
33.39 |
|
Finance Costs |
10.89 |
17.15 |
|
Profit on sale of fixed assets |
(0.86) |
|
|
Interest Income |
(111.48) |
(149.18) |
|
Dividend Income |
(0.10) |
(0.31) |
|
Operating profit before working capital changes |
69.46 |
27.35 |
|
Adjustements For: |
||
|
Liabilities and short term provisions |
13.08 |
(18.26) |
|
Increase/(Decrease) in long term liabilities and long term provisions |
(0.43) |
1.17 |
|
Loans and advance and other current assets |
374.36 |
(63.89) |
|
(Increase)/Decrease in long term loans and advances and other non-current assets |
113.92 |
|
|
Cash generated from operations |
456.47 |
60.29 |
|
Net income tax paid |
(23.04) |
(29.77) |
|
Net cash from operating activities |
433.43 |
30.52 |
|
B. Cash Flows From Investing Activities |
||
|
Capital expenditure on property, plant and equipment |
(706.96) |
(9.09) |
|
Proceeds from sale of property, plant and equipment |
1.20 |
|
|
Bank balance not considered as cash and cash equivalents |
3.96 |
(32.99) |
|
Inter corporate deposits given |
625.00 |
|
|
Interest received |
262.50 |
146.55 |
|
Dividend received |
0.10 |
0.31 |
|
Net cash used in investing activities |
185.80 |
104.78 |
|
C. Cash Flow From Financing Activities |
||
|
Finance Costs Paid |
(26.33) |
(5.71) |
|
Repayment of short term borrowings |
(200.00) |
(100.00) |
|
Net cash from /(used) in financing activities |
(266.33) |
(105.71) |
|
Net decrease in cash and cash equivalents(A+B+C) |
392.90 |
29.59 |
|
Cash and cash equivalents |
||
|
At beginning of year |
54.25 |
24.66 |
|
At end of year |
447.15 |
54.25 |
Certainly, here is a summary of the Cash Flow Statement for the years 2023 and 2022
Operating Activities:
In 2023, the company 's profit before tax stood at 113.21 lakhs, reflecting a slight decrease from the previous year 's figure of 126.30 lakhs. Adjustments included a significant rise in depreciation and amortization expenses to 57.80 lakhs from 33.39 lakhs in 2022, while finance costs decreased to 10.89 lakhs from 17.15 lakhs. The operating profit before working capital changes rose substantially to 69.46 lakhs compared to 27.35 lakhs in the previous year. However, interest income, dividend income, and profit on the sale of fixed assets showed fluctuations.
Working capital changes played a crucial role in operating activities. Adjustments for liabilities and short-term provisions increased from -18.26 lakhs to 13.08 lakhs, and there was a notable increase in loans and advances, and other current assets from -63.89 lakhs to 374.36 lakhs. Long-term liabilities and long-term provisions also saw a decrease. As a result, cash generated from operations witnessed a significant upswing, reaching 456.47 lakhs in 2023 compared to 60.29 lakhs in the previous year. Net cash from operating activities soared to 433.43 lakhs, showing a substantial increase from 30.52 lakhs in 2022.
Investing Activities:
In terms of investing activities, the company reported a substantial capital expenditure on property, plant, and equipment, increasing from -9.09 lakhs to -706.96 lakhs. Proceeds from the sale of property, plant, and equipment amounted to 1.20 lakhs. Intercorporate deposits given reached 625.00 lakhs. Interest received increased from 146.55 lakhs to 262.50 lakhs, and dividend received increased marginally from 0.31 lakhs to 0.10 lakhs. Net cash used in investing activities was 185.80 lakhs in 2023, up from 104.78 lakhs in 2022.
Financing Activities:
Regarding financing activities, finance costs paid increased from -5.71 lakhs to -26.33 lakhs. Repayment of short-term borrowings increased from -100.00 lakhs to -200.00 lakhs. Consequently, net cash from/(used) in financing activities was -266.33 lakhs in 2023, compared to -105.71 lakhs in the previous year.
|
Ratios |
2023 |
|
EBITDA |
-866.85 % |
|
Net worth |
1.08 % |
|
Debt/Equity Ratio |
0.11 |
|
Return on Equity |
1.07% |
|
Total Assets |
-9.06 % |
|
Fixed Assets |
-7.89 % |
|
Current Assets |
-18.78 % |
|
Current Liabilities |
-52.66 % |
|
Trade Receivables |
-21.97 % |
|
Trade Payables |
-99.50 % |
|
Current Ratio |
2.91 |
In 2023, the company 's financial ratios reveal a mixed performance across different aspects of its operations and financial structure.
1. EBITDA Margin:
- EBITDA stands at -866.85%, indicating a negative EBITDA margin. This could be a cause for concern, suggesting that the company 's operational earnings before interest, taxes, depreciation, and amortization are insufficient to cover its expenses.
2. Net Worth:
- The net worth ratio is 1.08%, reflecting a relatively low percentage of earnings retained as equity in the company. This could imply a need for increased profitability or capital injection to bolster the company 's financial position.
3. Debt/Equity Ratio:
- The Debt/Equity ratio is 0.11, indicating a conservative approach to financing. The company relies more on equity than debt to fund its operations, suggesting a lower level of financial risk.
4. Return on Equity (ROE):
- The Return on Equity is 1.07%, representing a modest return for shareholders. This ratio measures the company 's ability to generate profits from shareholders ' equity.
5. Total Assets:
- Total assets show a decrease of -9.06%, which may indicate a reduction in the overall size of the company or a strategic shift in asset composition
6. Fixed Assets:
- Fixed assets exhibit a decrease of -7.89%, suggesting a reduction in long-term investments in property, plant, and equipment. This could be a result of asset sales or a change in the company 's capital expenditure strategy.
7. Current Assets:
- Current assets decreased by -18.78%, indicating a potential reduction in short-term assets. This may impact the company 's liquidity and ability to meet short-term obligations.
8. Current Liabilities:
- Current liabilities show a significant decrease of -52.66%, potentially reflecting a decrease in short-term obligations. However, careful analysis is needed to understand the nature of this change.
9. Trade Receivables:
- Trade receivables decreased by -21.97%, which might be a positive sign, as it could suggest a more efficient management of accounts receivable.
10. Trade Payables:
- Trade payables dropped by -99.50%, indicating a substantial decrease in the amounts owed to suppliers. This could impact relationships with suppliers or signify changes in the company 's payment practices.
11. Current Ratio:
- The current ratio is 2.91, showcasing a healthy liquidity position. This implies that the company has more than enough short-term assets to cover its short-term liabilities.
