Deepak Houseware and Toys Private Limited (Urban Tots) Latest Annual Report, Balance Sheet and Financials

Deepak Houseware & Toys Private Limited Balance Sheet (Rs. In Lakhs)

Deepak Houseware & Toys Private Limited Profit & Loss Statement (Rs. In Lakhs)

Deepak Houseware & Toys Private Limited Consolidated Cash Flow Statement (Rs. In Lakhs)

Here is a summary of the Cash Flow Statement for the years 2023 and 2022:

Profit before Extraordinary Items and Tax: In the year ending March 31, 2023, the company reported a profit before extraordinary items and tax of 498.46, showing an increase from 291.66 in the previous year.

Adjustments for Depreciation, Amortization Expense, and Other Adjustments: The company made adjustments for depreciation and amortization expenses, which increased significantly to 221.75 in 2023 from 71.06 in 2022. Additionally, there were other adjustments to reconcile profit (loss), which resulted in a positive adjustment of 0.24 in 2023, compared to a negative adjustment of -264.77 in 2022.

Adjustments for Working Capital: There were adjustments for changes in working capital components such as inventories, trade receivables, other current assets, trade payables, and other current liabilities. Notably, there were decreases in inventories, trade receivables, and other current assets, whereas there were increases in trade payables and other current liabilities.

Net Cash Flows from Operations: After considering these adjustments, the net cash flows from operations were -712.87 in 2023, indicating an increase in cash used in operations compared to -509.3 in 2022.

Interest Paid and Income Taxes Paid (Refund): The company paid interest and income taxes, with interest paid increasing significantly to -127.09 in 2023 from -18.28 in 2022, while income taxes paid also increased to 62.44 in 2023 from 37.45 in 2022.

Net Cash Flows from Operating Activities: Taking into account interest paid and income taxes paid, the net cash flows from operating activities were -648.77 in 2023, compared to -528.61 in 2022.

Cash Flows from Investing Activities: The company received proceeds from the sale of tangible assets, made purchases of tangible assets, and had other inflows and outflows of cash related to investing activities. Overall, the net cash flows from investing activities were -1,285.31 in 2023, a decrease from -1,361.15 in 2022.

Cash Flows from Financing Activities: The company raised funds through issuing shares and borrowings and paid interest on borrowings. The net cash flows from financing activities were 1,874.36 in 2023, showing an increase from 2,040.50 in 2022.

Net Increase/(Decrease) in Cash and Cash Equivalents during the Year: After considering cash flows from operating, investing, and financing activities, there was a net decrease in cash and cash equivalents of -59.72 in 2023, contrasting with an increase of 150.74 in 2022.

Cash and Cash Equivalents at the Beginning and End of the Year: The cash and cash equivalents at the beginning of the year were 81.87 in 2023 and 141.59 in 2022. By the end of the year, cash and cash equivalents decreased to 81.87 in 2023 from 141.59 in 2022.

Financial Ratios of Deepak Houseware & Toys Private Limited

Here is a summary of the financial and operational metrics for Deepak Houseware & Toys Private Limited for the years 2023 and 2022:

Current Ratio: The company 's current ratio improved significantly from 0.46 in 2022 to 1.89 in 2023. This suggests that the company has strengthened its liquidity position, having more current assets relative to its current liabilities.

Debt Equity Ratio: The debt-equity ratio has increased slightly from 0.61 in 2022 to 0.66 in 2023. This indicates a slight increase in the proportion of debt in the company 's capital structure relative to equity.

Debt Service Coverage Ratio: There has been a decrease in the debt service coverage ratio from 0.49 in 2022 to 0.36 in 2023. This indicates that the company 's ability to cover its debt obligations with its operating income has decreased, which may indicate increased financial risk.

Return on Equity Ratio: The return on equity (ROE) ratio has decreased from 0.04 in 2022 to 0.03 in 2023. This suggests that the company 's profitability relative to its shareholders ' equity has decreased.

Inventory Turnover Ratio: The inventory turnover ratio has decreased from 10.51 in 2022 to 5.35 in 2023. This indicates that the company is selling its inventory at a slower rate compared to the previous year, which may indicate inefficiencies in inventory management or decreased sales.

Trade Receivables Turnover Ratio: There has been a significant decrease in the trade receivables turnover ratio from 51.54 in 2022 to 15.92 in 2023. This indicates that the company is collecting its receivables at a slower rate compared to the previous year, which may impact its cash flow and liquidity.

Trade Payable Turnover Ratio: The trade payable turnover ratio has increased from 2.75 in 2022 to 4.81 in 2023. This suggests that the company is paying its trade payables at a faster rate compared to the previous year, which may indicate improved efficiency in managing payables.

Net Capital Turnover Ratio: There has been a significant improvement in the net capital turnover ratio from -5.59 in 2022 to 5.62 in 2023. This indicates that the company is generating more revenue relative to its net capital, which is a positive sign of improved capital efficiency.

Net Profit Ratio: The net profit ratio has decreased slightly from 0.60% in 2022 to 0.53% in 2023. This indicates that the company is earning slightly lower profits relative to its total revenue.

Return on Capital Employed: The return on capital employed (ROCE) has decreased from 0.08 in 2022 to 0.05 in 2023. This suggests that the company is generating lower returns from its capital investments compared to the previous year.

Dividend History/NA