Deepak Industries Annual Reports, Balance Sheet and Financials

Deepak Industries Limited Balance Sheet (In Rs. Crore)

Deepak Industries Limited Profit & Loss Statement (In Rs. Crore)

Deepak Industries Cash Flow Statement for the last three years (In Rs. Crore)

Summary of Deepak Industries Cash Flow Statement:

1. Cash Flow from Operating Activities:

   - Net cash from operating activities was Rs. 88.24 crore in the year ending March 31, 2022, Rs. 13.97 crore in the year ending March 31, 2021, and Rs. 118.24 crore in the year ending March 31, 2020.

   - Net profit before tax and extraordinary items was Rs. 111.37 crore in the year ending March 31, 2022, Rs. 74.2 crore in the year ending March 31, 2021, and Rs. 58.52 crore in the year ending March 31, 2020.

   - Adjustments for depreciation, net interest, and other items were made.

   - Cash generated from operations before working capital changes was Rs. 133.03 crore in the year ending March 31, 2022, Rs. 83.03 crore in the year ending March 31, 2021, and Rs. 80.55 crore in the year ending March 31, 2020.

   - Working capital changes, including trade and other receivables, inventories, and trade payables, contributed to the cash flow from operating activities.

2. Cash Flow from Investing Activities:

  - Net cash used in investing activities was -Rs. 63.25 crore in the year ending March 31, 2022, -Rs. 25.81 crore in the year ending March 31, 2021, and Rs. 74.81 crore in the year ending March 31, 2020.

   - Activities include the purchase of fixed assets, sale of fixed assets, purchase of investments, sale of investments, interest received, and other items.

3. Cash Flow from Financing Activities:

   - Net cash used in financing activities was -Rs. 19.94 crore in the year ending March 31, 2022, Rs. 3.8 crore in the year ending March 31, 2021, and -Rs. 38.12 crore in the year ending March 31, 2020.

   - Activities include proceeds from other long-term borrowings, repayment of long-term borrowings, and repayment of financial liabilities, dividends paid, interest paid, and other items.

4. Net Increase/ (Decrease) in Cash and Cash Equivalent:

   - The net increase/(decrease) in cash and cash equivalents was Rs. 5.06 crore in the year ending March 31, 2022, -Rs. 8.03 crore in the year ending March 31, 2021, and Rs. 154.93 crore in the year ending March 31, 2020.

   - Cash and cash equivalents at the end of the year were Rs. 6.03 crore in the year ending March 31, 2022, Rs. 0.97 crore in the year ending March 31, 2021, and Rs. 155.89 crore in the year ending March 31, 2020.

Funds Flow Statement of Deepak Industries (In Rs. Crore)

Deepak Industries Key Financial Ratios

Summary of Key Financial Ratios of Deepak Industries:

1. Debt-Equity Ratio:

The debt-equity ratio measures the proportion of debt and equity used to finance the company 's assets. Deepak Industries has demonstrated a declining trend in the debt-equity ratio over the three years, indicating a reduction in its reliance on debt for financing. In 2022, the ratio stands at 0.22, down from 0.26 in 2021 and 0.33 in 2020.

2. Long-Term Debt-Equity Ratio:

The long-term debt-equity ratio focuses on long-term debt in relation to equity. Similar to the debt-equity ratio, Deepak Industries has shown a decreasing trend in the long-term debt-equity ratio, reflecting a reduction in long-term debt in its capital structure.

3. Current Ratio:

The current ratio measures the company 's ability to meet its short-term obligations. Deepak Industries has maintained a relatively stable current ratio over the years, indicating a satisfactory liquidity position. In 2022, the ratio stands at 2.19, up from 2.03 in 2021 and 1.86 in 2020.

4. Turnover Ratios:

- Fixed Assets Turnover Ratio: The fixed assets turnover ratio indicates how efficiently the company generates revenue from its fixed assets. Deepak Industries has shown an increasing trend in this ratio, indicating improved revenue generation from its fixed asset base.

- Inventory Turnover Ratio: The inventory turnover ratio reflects how efficiently the company manages its inventory. Deepak Industries has consistently improved its inventory turnover over the years, indicating effective inventory management and potentially reduced carrying costs.

- Debtors Turnover Ratio: The debtors turnover ratio reflects the efficiency of the company in collecting cash from debtors. Deepak Industries has shown a consistent increase in this ratio, suggesting better credit management and collection efficiency.

- Total Asset Turnover Ratio: The total asset turnover ratio measures the company 's ability to generate revenue from its total assets. Deepak Industries has demonstrated an increasing trend in this ratio, indicating improved revenue generation relative to its asset base.

5. Interest Cover Ratio:

The interest cover ratio evaluates the company 's ability to cover its interest expenses with its operating profit. Deepak Industries has shown a significant increase in the interest cover ratio over the three years, indicating that the company is generating sufficient operating profit to cover its interest costs.

6. Profitability Ratios:

The profitability ratios for Deepak Industries show a positive trend.

- PBIDTM (%): The PBIDTM (Profit Before Interest, Depreciation, and Tax Margin) has remained relatively stable over the years, indicating consistent operational profitability.

- PBITM (%): The PBITM (Profit Before Interest and Tax Margin) has also shown a stable trend, reflecting consistent profitability before considering interest and taxes.

- PBDTM (%): The PBDTM (Profit Before Depreciation and Tax Margin) has remained relatively stable over the years.

7. Return Ratios:

Both the Return on Capital Employed (ROCE) and the Return on Net Worth (RONW) have shown an upward trend, indicating improving returns for capital and shareholders.

- ROCE (%): The ROCE has increased from 17.17% in 2020 to 18.95% in 2021 and further to 23.51% in 2022, indicating better efficiency in generating profits from capital investments.

- RONW (%): The RONW has also shown improvement, reaching 15.88% in 2020, 16.41% in 2021, and further to 20.57% in 2022.

8. Payout (%):

The payout ratio reflects the percentage of earnings distributed to shareholders as dividends. Deepak Industries has shown variations in its payout ratio over the years, with a significant increase in 2022 to 2.38%, compared to 0% in 2021 and 13.28% in 2020.

Overall, the financial ratios of Deepak Industries demonstrate a positive financial performance, improving operational efficiency, and effective management of debt and liquidity. The increasing profitability and return ratios indicate the company 's ability to generate profits and create value for its shareholders.

Deepak Industries Share Dividend History

Deepak Industries Limited Recent Performance

• Revenue from Operations of the company increased by 48.21% from Rs. 427.56 Crores in FY 2021 to Rs. 633.70 Crores in FY 2022.

• The net Profit of the company increased by 50.82% from Rs. 55.07 Crores in FY 2021 to Rs. 83.06 Crores in FY 2022.
• The current Ratio of the company as of 31st March 2022 was 2.19.
• The debt to Equity ratio of the company as of 31st March 2022 was 0.22.
• The company has given a dividend of Rs. 10 per equity share for FY 2022.