Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
---|---|---|---|---|---|---|---|
Primex-40 | |||||||
DSE Estates Limited |
Particulars |
31 March 2022 |
31 March 2021 |
ASSETS |
|
|
Non-current assets |
- |
- |
Property, plant and equipment |
44,678.00 |
47,415.00 |
Intangible assets |
294 |
42 |
Non-Current Investments |
55680 |
63828 |
Long-term Loans and Advances |
9052 |
7702 |
Other Non-Current Assets |
53,876.00 |
40,878.00 |
Current assets |
- |
- |
Current investments |
13,593.00 |
18,924.00 |
Trade Receivables |
3,414.00 |
4,656.00 |
Cash and Bank balances |
624081 |
529587 |
Short-Term Loans and Advances |
150226 |
169273 |
Other Current Assets |
11185 |
18246 |
TOTAL ASSETS |
9,66,079.00 |
9,00,551.00 |
EQUITY AND LIABILITIES |
- |
- |
Equity share capital |
30,242.00 |
30,242.00 |
Reserves and Surplus |
8,57,631.00 |
8,05,075.00 |
Share Allotment Kept in abeyance |
156.00 |
156.00 |
Non-current liabilities |
- |
- |
Deferred Tax Liabilities (Net) |
2267 |
23 |
Other Long-term Liabilities |
23,373.00 |
24826 |
Long Term Provisions |
857.00 |
1288 |
Current liabilities |
- |
- |
total outstanding dugs of creditors other than micro enterprises and small enterprises |
21,101.00 |
22,471.00 |
Other current liabilities |
22,790.00 |
11,304.00 |
Short Term Provisions |
7,662.00 |
5,166.00 |
TOTAL EQUITY AND LIABILITIES |
9,66,079.00 |
9,00,551.00 |
PARTICULARS |
31 March 2022 |
31 March 2021 |
Revenue from operations |
5,747.00 |
4,016.00 |
Other income |
92018 |
48372 |
Total income |
97,765.00 |
52,388.00 |
Employee benefits expense |
5,654.00 |
7,996.00 |
Finance costs |
135 |
249 |
Depreciation and amortization expense |
3397 |
3343 |
Provision for impairment |
- |
563 |
Other expenses |
26,516.00 |
17,266.00 |
Total expenses |
35,702.00 |
29,417.00 |
Profit/(Loss) before income tax |
62,063.00 |
22,971.00 |
Current tax |
7230 |
4632 |
Earlier Year |
32 |
-73 |
Deferred |
2245 |
-119 |
Profit/(Loss) for the year |
52,556.00 |
18,531.00 |
Earning Per Share: |
|
|
Basic |
1.74 |
0.61 |
Diluted |
1.73 |
0.61 |
Particulars |
31 March 2022 |
31 March 2021 |
Cash flows from operating activities |
|
|
Profit / (Loss) before tax for the year |
62,063.00 |
22971 |
Adjustments for: |
|
|
Finance Costs |
135 |
249 |
Depreciation |
3397 |
3343 |
Provisions for Doubtful debts |
1006 |
1382 |
Provisions for diminution in value of Current investment |
- |
16 |
Provision for impairment |
- |
563 |
Provision for diminution in value of Current investment written Back |
-16 |
- |
Bad Debt Written off |
119 |
- |
interest income |
-35685 |
-37389 |
Dividend income |
-503 |
-1236 |
Rental income |
-85 |
-111 |
Profit on redemption of Current investments |
-1056 |
-911 |
Profit on redemption of non-Current investments |
-31300 |
-7037 |
Profit on sale of Property, Plant and Equipment |
-22659 |
- |
Operating profit before working capital changes |
-24,585.00 |
-18160 |
Trade, other Receivables and loans and advances / Other Current and Non-Current Assets |
11801 |
-8816 |
Current and Non-current Liabilities |
8130 |
4,562.00 |
Cash generated by operations |
-4,654.00 |
-22,414.00 |
Direct taxes (paid)/Refund |
4611 |
1168 |
Net cash generated by operating activities |
-9,265.00 |
-23,582.00 |
Cash flows from investing activities |
|
|
interest income |
35685 |
37389 |
Rental income |
85 |
111 |
Dividend income |
503 |
1236 |
Purchase of Property, Plant and Equipment and intangible Assets |
-5054 |
-204 |
Sale of Property, Plant and Equipment’s |
26802 |
- |
Purchase of Investments |
-186720 |
-39470 |
Sale/Redemption of investments |
232594 |
49072 |
Net cash generated by investing activities |
1,03,894.00 |
48,134.00 |
Cash flows from financing activities |
|
|
Finance Costs |
-135.00 |
-249 |
Net cash Used in financing activities |
-135.00 |
-249 |
Net increase/(decrease) in cash and cash equivalents during the year |
94,494.00 |
24,303.00 |
Cash and cash equivalents at the beginning of the year |
529393 |
505090 |
Cash and cash equivalents at the end of the year |
6,23,887.00 |
5,29,393.00 |
Here is a summary of the Cash Flow Statement for the years 2021 and 2020:
Operating Activities:
Profit/Loss Before Tax (PBT): The company 's PBT increased significantly from 22,971 in 2021 to 62,063 in 2022, indicating improved profitability.
Adjustments: Various adjustments were made, including finance costs, depreciation, provisions for doubtful debts, and impairment. Additionally, there were adjustments for interest, dividend, rental income, and profits/losses on investments and property sales. These adjustments reflect changes in the company 's financial position and operational performance.
Operating Profit Before Working Capital Changes: Despite the increase in PBT, operating profit before working capital changes decreased from -18,160 in 2021 to -24,585 in 2022, possibly due to increased expenses or changes in revenue streams.
Working Capital Changes: There were increases in trade receivables and loans, along with liabilities, reflecting changes in the company 's operating cycle and financial obligations.
Net Cash Generated by Operating Activities: The net cash generated by operating activities decreased from -23,582 in 2021 to -9,265 in 2022, indicating a reduction in cash generated from core business operations.
Investing Activities:
Income and Expenses: The company received interest, dividend, and rental income, which contributed positively to cash flows. It also incurred expenses related to the purchase of property, plant, and equipment.
Investment Transactions: The company purchased and sold investments, including both current and non-current investments. These transactions significantly impacted cash flows.
Net Cash Flow from Investing Activities: The net cash generated by investing activities increased substantially from 48,134 in 2021 to 1,03,894 in 2022, primarily due to higher proceeds from the sale/redemption of investments.
Financing Activities:
Finance Costs: The company incurred finance costs, which represent interest expenses associated with borrowings.
Net Cash Used in Financing Activities: The net cash used in financing activities remained relatively stable at -249 in both 2021 and 2022.
Overall Cash Position:
Net Increase/Decrease in Cash: The company experienced a significant increase in cash and cash equivalents, with a net increase of 94,494 in 2022 compared to 24,303 in 2021.
Cash and Cash Equivalents: The company ended the year with cash and cash equivalents of 6,23,887 in 2022, compared to 5,29,393 in 2021, reflecting improved liquidity and financial strength.
Particulars |
2022 |
2021 |
Current Ratio (in Times) |
32.19 |
62.11 |
Return on Equity ratio (in %) |
4.08 |
1.41 |
Return on Capital Employed (in %) |
4.97 |
1.93 |
Return on investment (in %) |
4.61 |
5.13 |
Insight of the financial ratios of DSE Estates Limited for March 31, 2022
Current Ratio:
The current ratio decreased significantly from 62.11 in 2021 to 32.19 in 2022. Despite the decrease, both ratios are exceptionally high, indicating that the company has a substantial amount of current assets relative to its current liabilities. However, such high current ratios may indicate overinvestment in short-term assets or inefficiencies in asset management.
Return on Equity (ROE) Ratio:
The return on equity ratio increased from 1.41% in 2021 to 4.08% in 2022. This indicates an improvement in the company 's ability to generate profit relative to its shareholders ' equity. It suggests that the company 's profitability increased in 2022 compared to the previous year.
Return on Capital Employed (ROCE) Ratio:
The return on capital employed ratio increased from 1.93% in 2021 to 4.97% in 2022. This indicates that the company generated higher returns relative to the capital employed in its operations. It suggests improved efficiency in utilizing capital to generate profits.
Return on Investment (ROI) Ratio:
The return-on-investment ratio decreased from 5.13% in 2021 to 4.61% in 2022. Although there was a slight decrease, the company still generated a positive return on its investment, indicating that it remains profitable.
Dividend History of DSE Estates Limited: N/A