Efficient Industrial Finance Annual Report | Balance Sheet

Efficient Industrial Finance Limited (Efficient Industrial) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
Primex-40
Efficient Industrial Finance Limited

Efficient Industrial Finance Limited Balance Sheet (In Rs. Hundred)

PARTICULARS	31st March 2022	31st March 2021	31st March 2020
Assets
Non-Current Assets
Investments	50,400.00	50,400.00	50,400.00
Total Non-Current Assets	50,400	50,400	50,400
Current Assets
Loan & Advances	203,067.50	201,853.00	186,236.78
Trade Receivables	10,481.10	23,511.10	31,494.80
Cash & Cash Equivalents	2945.94	795.70	8,230.88
Inventories	1,222,481.47	1,212,481.47	1,213,481.47
Other Current Assets	138.00	129.00	1,529.22
Total Current Assets	1,439,114.01	1,438,770.27	1,438,972.95
Total Assets	1,439,114.01	1,438,770.27	1,438,972.95
Equity and Liabilities
Equity
Equity Share Capital	763,550.00	763,550.00	763,550.00
Other Equity	725,529.29	725,088.71	724,734.99
Total Equity	1489,079.29	1,488,638.71	1,488,284.99
Liabilities
Non-Current Liabilities
Long Term Borrowings	-	-	-
Total Non-Current Liabilities	-	-	-
Current Liabilities
Short Term Borrowings	-	-	-
Trade payables	43.85	-	-
Other current liabilities	236.00	407.28	1,057.06
Provisions	154.84	124.28	30.90
Total Current Liabilities	434.69	531.55	1,087.96
Total Liabilities	434.69	531.55	1087.96
Total Equity and Liabilities	1,489,514.01	1,489,170.27	1,489,372.95

Efficient Industrial Finance Limited Profit & Loss Statement (In Rs. Hundred)

PARTICULARS	2022	2021	2020
Revenue from Operations	4,945.61	1,000.00	34,000.00
Other Income	6,223.50	10,720.00	13,770.00
Total Revenue	11,169.11	11,720.00	47,770.00
EBITDA	595.44	477.98	118.87
EBITDA Margin	5.33%	4.07%	0.24%
Expenses
Purchase	14,915.96	-	19,625.00
Change in Inventory	(10,000.00)	1,000.00	14,375.00
Other Expenses	5,657.71	10,242.02	13,651.13
Total Expenses	10,573.67	11,242.02	47,651.13
Profit/Loss Before Tax	595.44	477.98	118.87
Tax Expense
Current Tax Short & Excess Provision for last year	154.84	124.28	30.90
Profit/Loss From Operations	440.60	353.70	87.97
Profit Margin	3.94%	3.01%	0.18%
Other Comprehensive Income	-	-	-
Earnings Per Share (of Rs 10/-each) (Basic & Diluted)	0.18	0.14	0.04

Efficient Industrial Finance Consolidated Cash Flow Statement for the last three years (In Rs. Hundred)

Particulars	2021-22	2020-21	2019-20
Cash Flow from Operating Activities
Net Profit before Tax as per Statement of Profit and Loss	440.60	353.70	87.96
Provision for Tax	154.84	124.3	30.90
Profit on Sale of Shares	-	-	-
Provision for Diminution in the value of Investment	-	-	-
Direct Tax Paid	-	-30.90	76.08
Operating Profit Before Working Capital Changes	595.44	447.10	42.78
Adjustment for Trade & other receivables	13,030.00	7,983.50	10,500.00
Trade & Others Payable	-251.6997	-649.78	217.06
Inventories	-10000.00	1000.00	14,375.01
Other Current Assets	-9.00	1,400.22	1,664.28
Net Cash from Operating Activities	3,364.74	10,181.04	26,799.13
B.CASH FLOW FROM INVESTING ACTIVITIES
Investment in Property	-	-	-
Profit on Sale of Shares	-	-	-
Net Cash used in investing activities	-	-	-
C.CASH FLOW FROM FINANCING ACTIVITIES Loans and Advances	-1214.50	-15,616.22	161.51
Short Term Borrowings	-	-	-25,000.00
Net Cash used in financing activities	(1214.50)	15,616.22	-25,161.51
Net Increase in Cash and Cash Equivalents	2,150.24	-5,435.18	1,637.62
Cash and Cash Equivalents at beginning of the year	795.70	6,230.88	4,593.26
Cash and Cash Equivalents at end of the year	2,945.94	795.70	6,230.88

The cash flow statement of Efficient Industrial Finance for the fiscal years ending on 31st March 2020, 31st March 2021, and 31st March 2022, are presented and summarized below:

Cash Flow from Operating Activities: This section shows the cash flow generated from the company 's primary operations. The net cash from operating activities for the year ending March 31, 2022, was INR 3,364.74 lakh, which is a decrease from INR 10,181.04 lakh in the previous year. This decrease in cash from operations is mainly due to a decrease in trade and other payables and an increase in trade and other receivables.
Cash Flow from Investing Activities: This section shows the cash flow generated from the company 's investments. No investment was made in property and no profit was earned from the sale of shares in any of the years.
Cash Flow from Financing Activities: This section shows the cash flow generated from the company 's financing activities. In 2022, the company repaid loans and advances of INR 1214.50 lakh, which was not paid in the previous year. The company did not take any short-term borrowings in 2021 and 2022, while it had a net cash inflow of INR 25,000 lakh from short-term borrowings in 2020.
Net Increase in Cash and Cash Equivalents: The net increase in cash and cash equivalents for the year ending March 31, 2022, was INR 2,150.24 lakh, which is an improvement from the net decrease in cash and cash equivalents of INR 5,435.18 lakh in the previous year.
Cash and Cash Equivalents at the beginning and end of the year: The cash and cash equivalents at the beginning of the year ending March 31, 2022, were INR 795.70 lakh, while at the end of the year, it was INR 2,945.94 lakh, indicating a significant increase in cash reserves. However, in the previous year, there was a decrease in cash reserves from INR 6,230.88 lakh at the beginning to INR 795.70 lakh at the end of the year.

Efficient Industrial Finance Share Dividend History

Particulars	2022	2021	2020
Dividend per Share	Nil	Nil	Nil
Retained Earnings (In Rs. Hundred)	725,529	725,089	724,735

Efficient Industrial Finance Limited Recent Financial Performance

Revenue from Operations increased by 394.56% from Rs. 1000 Hundred in FY 2021 to Rs. 4,945.61 Hundred in FY 2022.
EBITDA inclined by 24.57% and reached Rs. 477.98 Hundred in FY 2022 from Rs. 595.44 Hundred in FY 2021 but EBITDA margins decreased from 6.10% to 5.78% in FY 2022.
Profit after Tax decreased by 24.56% from Rs. 353.70 Hundred in FY 2021 to Rs. 440.60 Hundred in FY 2022. Profit after Tax (PAT) margins also decline from 3.35% in FY 2021 to 2.90% in FY 2022.
For FY 2022, the company’s EPS was Rs. 0.18.
The Book value of the company as of 31st March 2022 is Rs. 600.43.

Annual Report

Efficient Industrial Finance Limited Annual Report 2023

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Efficient Industrial Annual Reports, Balance Sheet and Financials

Efficient Industrial Finance Limited (Efficient Industrial) Return Comparision with Primex 40 Index

Efficient Industrial Finance Limited Balance Sheet (In Rs. Hundred)

Efficient Industrial Finance Limited Profit & Loss Statement (In Rs. Hundred)

Efficient Industrial Finance Consolidated Cash Flow Statement for the last three years (In Rs. Hundred)

Efficient Industrial Finance Share Dividend History

Efficient Industrial Finance Limited Recent Financial Performance

Annual Report

Efficient Industrial Finance Limited Annual Report 2023