| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Ganon Products Limited |
|
Particulars |
2023 |
2022 |
|
ASSETS |
|
|
|
Financial Assets |
|
|
|
Investment |
199 |
199 |
|
Loan & Advances |
1.5 |
1.5 |
|
Other Financial Assets |
1,816.86 |
1,542.48 |
|
Total Non Current Assets |
2,017.36 |
1,742.98 |
|
Current Assets |
|
|
|
Financial Assets |
|
|
|
Trade Receivable |
18.54 |
|
|
Cash and Cash Equivalents |
13.03 |
0.56 |
|
Other Current Assets |
60.98 |
19.67 |
|
Total Current Assets |
92.55 |
20.23 |
|
TOTAL ASSETS |
2,109.91 |
1,763.20 |
|
EQUITY AND LIBAILITIES |
|
|
|
Equity |
|
|
|
Equity Share Capital |
933.1 |
933.1 |
|
Other Equity |
149.84 |
147.91 |
|
Total Equity |
1,082.94 |
1,081.01 |
|
Liabilities |
|
|
|
Non -Current Liabilities |
|
|
|
Other Non Current Liabilities |
227.44 |
571.84 |
|
Total Non -Current Liabilities |
227.44 |
571.84 |
|
Current Liabilities |
|
|
|
Financial liabilities |
|
|
|
a) Total outstanding dues of creditors other than micro enterprises and small enterprises. |
783.65 |
82.81 |
|
Other Current Liabilities |
10.64 |
21.75 |
|
Short Term Provisions |
5.24 |
5.79 |
|
Total Current Liabilities |
799.53 |
110.35 |
|
Total Liabilities |
1,026.97 |
682.19 |
|
Total Equity and liabilities |
2,109.91 |
1,763.20 |
|
Particulars |
2023 |
2022 |
|
Income :- |
|
|
|
I.Revenue from operations |
1,274.02 |
|
|
II.Other income |
135.26 |
100.05 |
|
III.Total Revenue |
1,409.28 |
100.05 |
|
IV. Expenses: |
|
|
|
Purchases |
1,319.00 |
|
|
Employee benefits Expenses |
14.93 |
25.46 |
|
Finance costs |
49.38 |
40.02 |
|
Other expenses |
23.99 |
31.1 |
|
Total expenses |
1,407.30 |
96.58 |
|
V. Profit/ Loss before Tax |
1.98 |
3.47 |
|
VI Tax expense: |
|
|
|
Current tax |
0.5 |
2 |
|
VII Profit/ Loss after Tax |
1.48 |
1.47 |
|
VIII Profit / (Loss) for the period |
1.48 |
1.47 |
|
IX Total comprehensive income for the year, net of tax |
1.48 |
1.47 |
|
X Earnings per equity share of nominal value Rs.10 each |
0.016 |
0.02 |
|
Basic and diluted |
0.016 |
0.02 |
|
Particulars |
2023 |
2022 |
|
A. Cash flow from operating activities |
|
|
|
Net Profit / (Loss) before extraordinary items and tax |
1.98 |
3.47 |
|
Adjustments for: |
|
|
|
Finance costs |
47.34 |
40.02 |
|
Interest income |
-135.23 |
-100.05 |
|
Operating profit / (loss) before working capital changes |
-85.91 |
-56.56 |
|
Changes in working capital: |
|
|
|
Trade receivables |
-18.54 |
12.5 |
|
Adjustments for increase / (decrease) in operating liabilities: |
|
|
|
Trade payables |
700.84 |
|
|
Other current liabilities |
-11.11 |
22.13 |
|
Short-term provisions |
-0.54 |
-0.72 |
|
Long-term provisions |
670.65 |
33.91 |
|
Cash generated from operations |
584.74 |
-22.65 |
|
Net income tax (paid) / refunds |
-0.5 |
1 |
|
Net cash flow from / (used in) operating activities |
584.24 |
-23.65 |
|
B. Cash flow from investing activities |
|
|
|
Other Advance |
-315.69 |
-157.66 |
|
Interest received |
135.23 |
100.05 |
|
Other inflow (Outflow) of Cash |
0.43 |
-1.2 |
|
Proceeds from sale of Investments |
-180.03 |
-58.81 |
|
Net cash flow from / (used in) investing activities |
-180.03 |
-58.81 |
|
C. Cash flow from financing activities |
|
|
|
Proceeds from long-term borrowings |
-344.4 |
113.6 |
|
Finance cost |
-47.34 |
-40.02 |
|
Net cash flow from / (used in) financing activities |
-391.74 |
73.58 |
|
Net increase / (decrease) in Cash and cash equivalents |
12.47 |
-8.88 |
|
Cash and cash equivalents at the beginning of the year |
0.55 |
9.43 |
|
Cash and cash equivalents at the end of the year |
13.02 |
0.55 |
|
Cash and cash equivalents at the end of the year Comprises: |
|
|
|
(a) Cash on hand |
12.55 |
0.09 |
|
(b) Balances with banks |
|
|
|
(i) In current accounts |
0.47 |
0.46 |
|
Total |
13.02 |
0.55 |
Certainly, here is a summary of the Cash Flow Statement for the years 2023 and 2022:
A. Cash Flow from Operating Activities:
2023:
Net Profit / (Loss) before extraordinary items and tax: Rs. 1.98
Adjustments included Finance costs of Rs. 47.34 and Interest income of -Rs. 135.23.
Operating profit / (loss) before working capital changes: -Rs. 85.91
Changes in working capital included a decrease in Trade receivables of -Rs. 18.54.
Adjustments for the increase / (decrease) in operating liabilities included an increase in Trade payables of Rs. 700.84, a decrease in Other current liabilities of -Rs. 11.11, a decrease in Short-term provisions of -Rs. 0.54, and an increase in Long-term provisions of Rs. 670.65.
Cash generated from operations amounted to Rs. 584.74.
Net income tax paid / refunds: -Rs. 0.5
Net cash flow from / (used in) operating activities: Rs. 584.24
2022:
Net Profit / (Loss) before extraordinary items and tax: Rs. 3.47
Adjustments included Finance costs of Rs. 40.02 and Interest income of -Rs. 100.05.
Operating profit / (loss) before working capital changes: -Rs. 56.56
Changes in working capital included an increase in Trade receivables of Rs. 12.5.
Adjustments for the increase / (decrease) in operating liabilities included a decrease in Other current liabilities of -Rs. 11.11, a decrease in Short-term provisions of -Rs. 0.72, and an increase in Long-term provisions of Rs. 33.91.
Cash generated from operations amounted to -Rs. 22.65.
Net income tax paid / refunds: Rs. 1
Net cash flow from / (used in) operating activities: -Rs. 23.65
B. Cash Flow from Investing Activities:
2023:
Other Advance: -Rs. 315.69
Interest received: Rs. 135.23
Other inflow (Outflow) of Cash: Rs. 0.43
Proceeds from sale of Investments: -Rs. 180.03
Net cash flow from / (used in) investing activities: -Rs. 180.03
2022:
Other Advance: -Rs. 157.66
Interest received: Rs. 100.05
Other inflow (Outflow) of Cash: -Rs. 1.2
Proceeds from sale of Investments: -Rs. 58.81
Net cash flow from / (used in) investing activities: -Rs. 58.81
C. Cash Flow from Financing Activities:
2023:
Proceeds from long-term borrowings: -Rs. 344.4
Finance cost: -Rs. 47.34
Net cash flow from / (used in) financing activities: -Rs. 391.74
2022:
No specific financing activity mentioned.
Net Increase / (Decrease) in Cash and Cash Equivalents:
2023:
Net increase in cash and cash equivalents in 2023 was Rs. 12.47.
2022:
Net decrease in cash and cash equivalents in 2022 was -Rs. 8.88.
Cash and Cash Equivalents at the Beginning and End of the Year:
2023:
The year began with cash and cash equivalents of Rs. 0.55.
The year concluded with cash and cash equivalents of Rs. 13.02.
2022:
The year began with cash and cash equivalents of Rs. 9.43.
The year concluded with cash and cash equivalents of Rs. 0.55.
|
Particulars |
2023 |
2022 |
|
Current Ratio |
0.12 |
0.18 |
|
Debt Equity Ratio |
0.21 |
0.53 |
|
Debt Service coverage ratio |
0.009 |
0.006 |
|
Return on Equity Ratio |
0.001 |
0.002 |
|
Trade Receivables turnover ratio |
69 |
|
|
Trade Payables turnover ratio |
1.63 |
|
|
Net capital turnover ratio |
-1.8 |
|
|
Net profit ratio |
0.002 |
|
|
Return on Capital employed |
0.05 |
0.04 |
Here is a summary of the financial and operational metrics for Ganon Products Limited for the years 2023 and 2022:
2023:
1. Current Ratio:
0.12 - Indicates a relatively low ability to cover short-term obligations with current assets.
2. Debt Equity Ratio:
0.21 - Suggests a moderate level of debt in relation to equity.
3. Debt Service Coverage Ratio:
0.009 - A very low ratio, indicating potential challenges in covering debt service obligations.
4. Return on Equity Ratio:
0.001 - The company 's return on equity is very low.
5. Trade Receivables Turnover Ratio:
69 - A high ratio, indicating a quick turnover of trade receivables.
6. Trade Payables Turnover Ratio:
1.63 - A moderate turnover of trade payables.
7. Net Capital Turnover Ratio:
-1.8 - A negative ratio suggests inefficiency in utilizing capital.
8. Net Profit Ratio:
0.002 - The company 's net profit relative to revenue is very low.
9. Return on Capital Employed:
0.05 - A low but positive return on capital employed.
2022:
1. Current Ratio:
0.18 - Indicates a relatively low ability to cover short-term obligations with current assets, which decreased from the previous year.
2. Debt Equity Ratio:
0.53 - A moderate level of debt in relation to equity.
3. Debt Service Coverage Ratio:
0.006 - A very low ratio, indicating potential challenges in covering debt service obligations.
4. Return on Equity Ratio:
0.002 - The company 's return on equity is very low, but it remained consistent with the previous year.
5. Trade Receivables Turnover Ratio:
69 - The same high ratio, indicating a quick turnover of trade receivables.
6. Trade Payables Turnover Ratio:
1.63 - A moderate turnover of trade payables.
7. Net Capital Turnover Ratio:
-1.8 - A negative ratio suggests inefficiency in utilizing capital.
8. Net Profit Ratio:
0.002 - The company 's net profit relative to revenue remained very low.
9. Return on Capital Employed:
0.04 - A low but slightly improved return on capital employed compared to the previous year.
