DFM Foods Annual Reports & Financials

DFM Foods Limited Balance Sheet (In Rs. Lakhs)

DFM Food Limited Profit & Loss Statement (In Rs. Lakhs)

DFM Food Limited’s Consolidated Cash Flow Statement for the last three years (In Rs. Lakhs)

DFM Food Limited 's Consolidated Cash Flow Statement for the last three years shows the inflow and outflow of cash from operating, investing, and financing activities. Here is a summary of the cash flow statement for the years ended March 31, 2022, 2021, and 2020:

• Operating Activities:

Cash generated from operations decreased from Rs. 4,892 Lakhs in 2021 to Rs. 439 Lakhs in 2022, mainly due to a decrease in operating profit before working capital changes. However, the net cash flow from operating activities increased from Rs. 3,890 Lakhs in 2021 to Rs. 376 Lakhs in 2022 due to a decrease in income tax paid (net).

• Investing Activities:

The company invested a significant amount in property, plant, and equipment, which decreased from Rs. 955 Lakhs in 2021 to Rs. 2,372 Lakhs in 2022. However, the net cash flow used in investing activities decreased from Rs. 2,440 Lakhs in 2021 to Rs. 91 Lakhs in 2022, mainly due to an increase in bank deposits not considered as cash and cash equivalents (placed)/matured.

• Financing Activities:

The net cash flow used in financing activities decreased from Rs. 2,236 Lakhs in 2021 to Rs. 434 Lakhs in 2022 due to an increase in the net increase in current borrowings.

Overall, the company had a net increase in cash and cash equivalents of Rs. 33 Lakhs in 2022, a decrease from Rs. 786 Lakhs in 2021, mainly due to a decrease in cash generated from operations. The cash and cash equivalents at the end of the year were Rs. 376 Lakhs in 2022, a slight increase from Rs. 343 Lakhs in 2021.

DFM Food Key Financial Ratios (Standalone)

DFM Foods Limited 's key financial ratios reflect the company 's financial performance and position for the years ending March 2020, 2021, and 2022.

• Current Ratio: This ratio indicates the company 's ability to pay off its short-term obligations with its current assets. The current ratio for DFM Foods Limited decreased significantly from 1.7 in 2021 to 1.0 in 2022. This indicates a potential liquidity issue for the company.
• Debt-Equity Ratio: This ratio indicates the company 's financial leverage, i.e., how much debt it has relative to equity. DFM Foods Limited 's debt-equity ratio increased from 0.4 in 2021 to 0.6 in 2022. This indicates that the company is relying more on debt to finance its operations.
• Debt Service Coverage Ratio: This ratio indicates the company 's ability to service its debt. DFM Foods Limited 's debt service coverage ratio decreased from 1.0 in 2021 to 0.1 in 2022. This indicates a potential difficulty in meeting its debt obligations.
• Return on Equity Ratio: This ratio indicates the company 's profitability in relation to shareholders ' equity. DFM Foods Limited 's return on equity ratio decreased significantly from 16% in 2021 to (16)% in 2022. This indicates a decrease in profitability and potential concerns for the shareholders.
• Inventory Turnover Ratio: This ratio indicates the efficiency of the company 's inventory management. DFM Foods Limited 's inventory turnover ratio remained relatively stable over the years, with a slight decrease from 12.5 in 2021 to 11.9 in 2022.
• Trade Receivables Turnover Ratio: This ratio indicates how efficiently the company is collecting payments from its customers. DFM Foods Limited 's trade receivables turnover ratio decreased significantly from 252.6 in 2021 to 105.3 in 2022, indicating that the company is collecting payments at a slower rate.
• Trade Payable Turnover Ratio: This ratio indicates how efficiently the company is paying its suppliers. DFM Foods Limited 's trade payable turnover ratio remained relatively stable over the years, with a slight increase from 7.3 in 2021 to 7.5 in 2022.
• Net Capital Turnover Ratio: This ratio indicates how efficiently the company is utilizing its capital to generate revenue. DFM Foods Limited 's net capital turnover ratio increased significantly from 8.50 in 2021 to 701.8 in 2022, indicating that the company is generating more revenue from its capital.
• Net Profit Ratio: This ratio indicates the company 's profitability in relation to its total revenue. DFM Foods Limited 's net profit ratio decreased from 5% in 2021 to (4)% in 2022, indicating a decrease in profitability.
• Return on Capital Employed Ratio: This ratio indicates the company 's profitability in relation to the total capital employed. DFM Foods Limited 's return on capital employed ratio decreased significantly from 18.2% in 2021 to (9.5)% in 2022.
• Return on Investment Ratio: This ratio indicates the company 's profitability in relation to the total investment. DFM Foods Limited 's return on investment ratio remained relatively stable over the years, with a slight increase from 6.36% in 2021 to 5.50% in 2022.

DFM Foods Share Dividend History

DFM Foods Limited Recent Financial Performance

• Revenue from Operations increased by 5.79% from Rs. 52,406 Lakhs in FY 2021 to Rs. 55,445 Lakhs in FY 2022.

• EBITDA declined by 89.65% and reached Rs. 647 Lakhs in FY 2022 from Rs. 6256 Lakhs in FY 2021 but EBITDA margins decreased from 11.78% to 1.15% in FY 2022.
• Total borrowings of the company increased from Rs. 7957 Lakhs as of 31st March 2021 to Rs. 9141 Lakhs as of 31st March 2022.
• The Finance cost of the company decreased by 17.68% from Rs. 1080 Lakhs to Rs. 889 Lakhs.
• Loss after tax of the company for the current FY 2022 stood Rs. 2476 Lakhs against a profit after tax of Rs. 2870 Lakhs in previous FY 2021, showing a loss of 186.27%.
• The Current Ratio of the company as of 31st March 2022 is 1.
• The Debt to Equity Ratio of the company as of 31st March 2022 was 0.60.
• The Book value of the company as of 31st March 2022 is Rs. 30.38.