Eastern Investments Annual Reports, Balance Sheet and Financials

Eastern Investments Limited Balance Sheet (In Rs. Lakhs)

Eastern Investments Limited Profit & Loss Statement (In Rs. Lakhs)

Eastern Investment’s Consolidated Cash Flow Statement for the last three years (In Rs. Lakhs)

Eastern Investments Consolidated Cash Flow Statement shows the cash inflows and outflows of the company for the last three years. Here is a summary of the cash flow:

• Cash Flows from Operating Activities: The Company generated a positive cash flow from operating activities in the year 2022, amounting to Rs. 10,577.85 lakhs, which is a significant improvement from the negative cash flows of Rs. 1,365.34 lakhs and Rs. 17,225.60 lakhs in 2021 and 2020, respectively. The cash flow from operating activities includes adjustments for non-cash items like depreciation, amortization, and provisions, as well as changes in working capital items like receivables, payables, and inventories.

• Cash Flows from Investing Activities: The Company had negative cash flows from investing activities in all three years, indicating that it invested more in fixed assets and financial assets than it received from their sale. The net cash flow from investing activities was the lowest in 2022 at Rs. (4,657.88) lakhs, compared to Rs. 2,589.35 lakhs in 2021 and Rs. 16,431.28 lakhs in 2020.
• Cash Flows from Financing Activities: The Company used cash for financing activities in all three years, primarily for paying interest on borrowings and repaying borrowing in 2022. The net cash flow used in financing activities was Rs. 3,064.01 lakhs, Rs. 3,236.96 lakhs, and Rs. 2,295.27 lakhs in 2022, 2021, and 2020, respectively.
• Net Increase/Decrease in Cash and Cash Equivalents: The net increase in cash and cash equivalents in 2022 was Rs. 2,757.28 lakhs, which is a significant improvement from the net decrease in cash and cash equivalents of Rs. 2,287.12 lakhs and Rs. 3,271.16 lakhs in 2021 and 2020, respectively. The company had cash and cash equivalents of Rs. 4,409.18 lakhs at the end of 2022, compared to Rs. 1,651.90 lakhs in 2021 and Rs. 3,939.02 lakhs in 2020.

Eastern Investments Key Financial Ratios (Standalone)

Eastern Investments financial ratios provide insight into the company 's financial health and performance. Here 's a summary of the given key financial ratios:

• Current Ratio: The current ratio indicates the company 's ability to meet its short-term obligations with its current assets. A higher current ratio is favorable, but Eastern Investments ' current ratio decreased from 0.81 in 2021 to 0.53 in 2022, indicating that the company may have difficulty meeting its short-term obligations.

• Debt-Equity Ratio: The debt-equity ratio is a measure of a company 's leverage, and it shows how much of its financing comes from debt as compared to equity. A lower debt-equity ratio is generally preferable, but Eastern Investments ' ratio remained relatively stable at (3.32) in 2022 as compared to (3.35) in 2021, which indicates that the company is highly leveraged.
• Debt Service Coverage Ratio: The debt service coverage ratio measures a company 's ability to pay its debt obligations. A higher ratio is better, and Eastern Investments ' ratio improved from (0.40) in 2021 to 0.84 in 2022, indicating that the company has improved its ability to meet its debt obligations.
• Return on Equity Ratio: The return on equity ratio indicates the company 's profitability relative to the shareholders ' equity. Eastern Investments ' return on equity decreased significantly from 0.38 in 2021 to 0.02 in 2022, indicating that the company generated a lower profit in proportion to its equity.
• Inventory Turnover Ratio: The inventory turnover ratio measures how quickly a company is selling its inventory. A higher inventory turnover ratio is desirable, and Eastern Investments ' ratio improved from 2.20 in 2021 to 2.72 in 2022, indicating that the company is selling its inventory more efficiently.
• Trade Receivables Turnover Ratio: The trade receivables turnover ratio measures how quickly a company is collecting its accounts receivable. Eastern Investments ' ratio improved significantly from 18.77 in 2021 to 26.68 in 2022, indicating that the company is collecting its receivables more efficiently.
• Trade Payable Turnover Ratio: The trade payable turnover ratio measures how quickly a company is paying its accounts payable. A higher trade payable turnover ratio is preferable, but Eastern Investments ' ratio decreased slightly from 0.35 in 2021 to 0.30 in 2022, indicating that the company is taking a longer time to pay its suppliers.
• Net Capital Turnover Ratio: The net capital turnover ratio measures the company 's efficiency in generating revenue from its investments. Eastern Investments ' ratio improved from (1.90) in 2021 to (0.76) in 2022, indicating that the company is generating more revenue per unit of its capital investment.
• Net Profit Ratio: The net profit ratio measures the company 's profitability relative to its revenue. Eastern Investments ' net profit ratio improved significantly from (42.82)% in 2021 to (2.76)% in 2022, indicating that the company generated a smaller loss in proportion to its revenue.
• Return on Capital Employed Ratio: The return on capital employed ratio indicates the company 's profitability relative to its capital investment. Eastern Investments ' ratio improved significantly from (6.86)% in 2021 to 91.54% in 2022, indicating that the company generated higher profits from its capital investment.

Eastern Investments Share Dividend History

Eastern Investments Limited Recent Financial Performance

• Revenue from Operations increased by 83.47% from Rs. 9432.89 Lakhs in FY 2021 to Rs. 17,307.40 Lakhs in FY 2022.

• EBITDA inclined by 504.22% and reached Rs. 4080.28 Lakhs in FY 2022 from Rs. (1009.41) Lakhs in FY 2021 but EBITDA margins increased from 9.73% to 23.17% in FY 2022.
• Total borrowings of the company increased from Rs. 31,208.34 Lakhs as of 31st March 2021 to Rs. 33,336.08 Lakhs as of 31st March 2022.
• The Finance cost of the company decreased by 5.45% from Rs. 3173.21 Lakhs to Rs. 3000.26 Lakhs.
• Loss after tax of the company stood Rs. (649.33) Lakhs in FY 2022 against a loss after tax of Rs. (3131.54) Lakhs in FY 2021, showing a growth of 79.26%.
• The Current Ratio of the company as of 31st March 2022 was 0.53.
• The Debt to Equity Ratio of the company as of 31st March 2022 was (3.32).