Dr M Induscorp Ltd Annual Reports, Balance Sheet and Financials

DR. M Induscorp Limited Balance Sheet (Rs In Thousands)

Particulars	2023	2022
Assets
Non-current assets
a) Property, plant and equipment	346.91	493.79
b) Other intangible assets	566.01	566.01
c) Financial assets	300	300
Total non-current assets	1212.92	1359.8
Current assets
a) Inventories	202.46	213.03
b) Financial assets
i) Trade receivables	1662.36	7733.96
ii) Cash & cash equivalent	13961.7	5884.86
iii) Bank balances other than (ii) above
iv) Other financial assets	66.89	51.06
c) Other current assets	5940.15	10902.19
Total current assets	21833.6	24785.1
Total assets	23046.5	26144.9
Equity and liabilities
Equity
a) Equity share capital	76301.58	76301.58
b) Other equity	-53424.25	-54227.67
Total equity	22877.3	22073.9
Liabilities
Non-current liabilities
a) Financial liabilities		479.44
Total non-current liabilities		479.44
Current liabilities
A. Other Than MSME	89.9	3475.76
a) Provisions	69.9	105.87
b) Other current liabilities	9.34	9.93
Total current liabilities	169.14	3591.56
Total equity & liabilities	23046.5	26144.9

 DR. M Induscorp Limited Profit & Loss Statement (Rs In Thousand)

Particulars	2023	2022
Income
Revenue from operations	4,035.87	4,730.13
Other income	3,001.73	1,784.80
Total income	7,037.60	6,514.93
Expenses
Cost of Goods Sold	3,785.28	4,485.38
Employee benefit expenses	925.67	898
Finance costs	22.23	58.94
Depreciation and amortization expense	146.88	217.73
Other expenses	1,405.72	1,878.72
Total expense	6,285.78	7,538.77
Profit before tax (Loss)	751.81	-1,023.84
Profit for the year	751.81	-1,023.84
Total comprehensive income	751.81	-1,023.84
Earnings per share (Rs.)	0.1

DR. M Induscorp Limited Consolidated Cash Flow Statement (Rs In Thousand)

Particulars	2023	2022
CASH FLOW FROM OPERATING ACTIVITIES
Net Profit as per Profit and Loss A/c	751.81	-1,023.84
Less: Interest Income	-2,758.42	-1,101.63
Less: Dividend Income	-31.52	-42.87
Less: Capital gains	-152.78	-497.37
Add: Depreciation charged in Profit and Loss A/c	146.88	217.73
Add: Transfer to reserve	54.28	146.17
Less: Transfer from reserve		-54.38
	-1,989.75	-2,356.18
ADJUSTMENT FOR CHANGES IN WORKING CAPITAL
Add: Decrease in Other Current Assets	10,443.53
Add: Increase in Provision
Add: Increase in trade payable		3,439.01
Add: Decrease in inventories	10.58
Add: Increase in other payables		6.18
Less: Increase in inventories		-145.13
Less: Increase in Other Current Asset		-51.06
Less: Increase in Trade Receivables	6,071.60	-1,181.55
Less: Decrease in Provision	-35.97	-33.42
Less: Decrease in Trade Payables	-3,385.86
Less: Decrease in Other Payables	-0.6
	13,103.28	2,034.03
Net Cash Flow From Operations	11,113.53	-322.15
CASH FLOW FROM INVESTING ACTIVITIES
Interest Income	2,758.42	1,101.63
Dividend Income	31.52	42.87
Sale of Shares	2,183.90	6,797.55
Purchase of shares	-2,031.12	-4,044.69
Capital gain on sale of shares	2,942.72	3,897.36
CASH FLOW FROM FINANCING ACTIVITIES
Short Term Loan and Advance	-5,500.00	2,143.39
Decrease in Secured Loans	-479.44	-428.39
Increase in Fixed Assets	-5,979.44	1,715.00
NET INFLOW/ (OUTFLOW) DURING THE YEAR	8,076.81	5,290.21
Add: Opening Balance of Cash and Bank	5,884.88	594.67
Closing Balance of Cash and Bank	13,961.70	5,884.88

 Certainly, here is a summary of the Cash Flow Statement for the years 2023 and 2022:

Cash Flow From Operating Activities:

2023:

Net Profit as per Profit and Loss A/c was 751.81.

Deductions included Interest Income of -2,758.42, Dividend Income of -31.52, and Capital gains of -152.78.

There were additions such as Depreciation charged in Profit and Loss A/c of 146.88 and a Transfer to reserve of 54.28.

Adjustments for changes in working capital included an Increase in trade payable of 3,439.01, a Decrease in inventories of 10.58, an Increase in other payables of 6.18, and a Decrease in Provision of -35.97.

The Net Cash Flow From Operations in 2023 was 11,113.53.

2022:

Net Profit as per Profit and Loss A/c was -1,023.84.

Deductions included Interest Income of -1,101.63, Dividend Income of -42.87, and Capital gains of -497.37.

There were additions such as Depreciation charged in Profit and Loss A/c of 217.73 and a Transfer to reserve of 146.17.

Adjustments for changes in working capital included an Increase in trade payable of 3,439.01, an Increase in other payables of 6.18, a Decrease in Trade Receivables of -1,181.55, and a Decrease in Provision of -33.42.

The Net Cash Flow From Operations in 2022 was -322.15.

Cash Flow From Investing Activities:

2023:

Interest Income amounted to 2,758.42.

Dividend Income was 31.52.

The company had a positive Cash Flow from the sale of Shares, amounting to 2,183.90.

However, there was a negative Cash Flow due to the purchase of shares (-2,031.12).

The company realized a positive Cash Flow through Capital gains on the sale of shares, totaling 2,942.72.

Cash Flow From Financing Activities:

2023:

The company had a Cash Outflow due to Short Term Loan and Advance, amounting to -5,500.00.

There was also a Cash Outflow related to a Decrease in Secured Loans (-479.44).

An increase in Fixed Assets resulted in a Cash Outflow of -5,979.44.

Net Inflow/Outflow During the Year:

-2023:

The Net Inflow during 2023 was 8,076.81.

Opening and Closing Balance of Cash and Bank:

2023:

The year began with an Opening Balance of Cash and Bank of 5,884.88.

The year concluded with a Closing Balance of Cash and Bank of 13,961.70.

Bellow are the Financial Ratios

Particulars	2023	2022
Current Ratio	129.09	6.9
Debt Equity Ratio		0.02
Debt Service coverage ratio	1.54	-1.98
Return on Equity Ratio	0.03	-0.05
Inventory Turnover ratio	19.43	33.67
Trade Receivables turnover ratio	0.35	0.66
Trade Payables turnover ratio	2.1	2.64
Net capital turnover ratio	0.19	0.22
Net profit ratio	0.19	-0.22
Return on Capital employed	0.033835	-0.04278

Here is a summary of the financial and operational metrics for DR. M Induscorp Limited for the years 2023 and 2022:

2023:

1. Current Ratio:

129.09 - Indicates a strong ability to cover short-term obligations with current assets.

2. Debt Equity Ratio:

Not provided (denoted as blank) - The debt-equity ratio for 2023 is missing.

3. Debt Service Coverage Ratio:

1.54 - This ratio suggests that the company had the capacity to cover its debt service obligations, albeit moderately.

4. Return on Equity Ratio:

0.03 - The company had a positive return on equity in 2023, albeit a relatively low one.

5. Inventory Turnover Ratio:

19.43 - This ratio indicates a high turnover of inventory, which can be a positive sign of efficiency.

6. Trade Receivables Turnover Ratio:

0.35 - This ratio suggests that the company took a longer time to collect receivables.

7. Trade Payables Turnover Ratio:

2.1 - The company had a relatively efficient turnover of trade payables.

8. Net Capital Turnover Ratio:

0.19 - This ratio indicates a moderate efficiency in utilizing capital.

9. Net Profit Ratio:

0.19 - The company generated a positive net profit relative to revenue.

10. Return on Capital Employed:

0.033835 - This return on capital employed was positive and higher than the return on equity.

2022:

1. Current Ratio:

6.9 - Similar to 2023, this ratio indicates a strong ability to cover short-term obligations with current assets.

2. Debt Equity Ratio:

0.02 - A low debt-equity ratio suggests a favorable balance between debt and equity.

3. Debt Service Coverage Ratio:

-1.98 - A negative value indicates challenges in covering debt service obligations.

4. Return on Equity Ratio:

-0.05 - The company had a negative return on equity in 2022, implying a loss.

5. Inventory Turnover Ratio:

33.67 - This high ratio indicates very efficient turnover of inventory.

6. Trade Receivables Turnover Ratio:

0.66 - The company took a relatively longer time to collect receivables in 2022.

7. Trade Payables Turnover Ratio:

2.64 - Similar to 2023, the company maintained an efficient turnover of trade payables.

8. Net Capital Turnover Ratio:

0.22 - This ratio implies moderate efficiency in capital utilization.

9. Net Profit Ratio:

-0.22 - The company had a negative net profit relative to revenue in 2022.

10. Return on Capital Employed:

-0.042783 - This return on capital employed was negative, indicating a loss and lower than the return on equity.