| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Gitanjali Gems Limited |
|
Particulars |
2017 |
2016 |
|
ASSETS |
|
|
|
Particulars |
|
|
|
Non-Current Assets |
|
|
|
Property, Plant and Equipment |
25,827.54 |
27,289.02 |
|
Capital Work-In-Progress |
- |
- |
|
Financial Assets |
|
|
|
i) Investments |
1,01,361.05 |
1,02,347.14 |
|
ii) Loans |
1,235.50 |
1,596.47 |
|
iii) Other Non Current Financial Assets |
2,885.23 |
4,043.07 |
|
Deferred Tax Assets [Net] |
5,633.00 |
4,257.97 |
|
Other Non-Current Assets |
859.14 |
865.79 |
|
|
1,37,801.46 |
1,40,399.46 |
|
Current Assets |
|
|
|
Inventories |
2,53,055.40 |
183566.07 |
|
Financial Assets |
|
|
|
i) Trade Receivables |
8,56,701.75 |
6,91,014.82 |
|
ii) Cash and Cash Equivalents |
6,221.06 |
3,710.42 |
|
iii) Other Bank Balances |
11,326.52 |
9,718.38 |
|
iv) Loans |
23,140.67 |
28,690.47 |
|
v) Other Current Financial Assets |
2,796.45 |
850.47 |
|
Current Tax Assets [Net] |
3,277.12 |
1,770.29 |
|
Other Current Assets |
8,255.40 |
18,713.61 |
|
|
11,64,774.37 |
9,38,034.53 |
|
Total Assets |
13,02,575.83 |
10,78,433.99 |
|
EQUITY AND LIABILITIES |
|
|
|
Equity |
|
|
|
Equity Share Capital |
11,861.60 |
10,243.77 |
|
Other Equity |
3,36,668.40 |
3,26,956.63 |
|
|
3,48,530.00 |
3,37,200.40 |
|
Liabilities |
|
|
|
Non-Current Liabilities |
|
|
|
Financial Liabilities |
|
|
|
iii) Borrowings |
27,740.25 |
57,810.84 |
|
Provisions |
648.91 |
480.11 |
|
Other Non-Current Liabilities |
5.22 |
|
|
|
28,389.16 |
58,296.17 |
|
Current Liabilities |
|
|
|
Financial Liabilities |
|
|
|
i) Borrowings |
4,99,396.67 |
5,00,801.12 |
|
ii) Trade Payables |
3,85,940.73 |
1,54,865.29 |
|
iii) Other Current Financial Liabilities |
33,141.56 |
20,044.86 |
|
Provisions |
86.09 |
77.65 |
|
Current Tax Liabilities [Net] |
1,091.48 |
2,228.55 |
|
Other Current Liabilities |
6,000.14 |
4,919.95 |
|
|
9,25,656.67 |
6,82,937.42 |
|
Total Equity and Liabilities |
13,02,575.83 |
10,78,433.99 |
|
Particulars |
2017 |
2016 |
|
REVENUE |
|
|
|
Revenue From Operations |
10,46,476.60 |
10,75,072.31 |
|
Other Income |
14,650.33 |
6,486.99 |
|
Total Revenue |
10,61,126.93 |
10,81,559.30 |
|
EXPENSES |
|
|
|
Purchases of Stock in Trade and Raw Material |
10,51,611.26 |
9,52,341.46 |
|
Changes in Inventories of Finished goods and Stock-in-Trade |
-69,489.33 |
55,497.34 |
|
Employee Benefit Expenses |
3,876.02 |
3,516.67 |
|
Finance Cost |
47,766.87 |
46,352.15 |
|
Depreciation and Amortization Expenses |
1,653.16 |
1,988.05 |
|
Other Expenses |
21,792.92 |
17,877.14 |
|
Total Expenses |
10,57,210.90 |
10,77,572.81 |
|
Profit before Tax |
3,916.03 |
3,986.49 |
|
Less: Tax Expense: |
|
|
|
Current Tax |
|
|
|
For the year |
1,135.00 |
1,102.20 |
|
For earlier years |
154.45 |
8.38 |
|
Deferred Tax |
-1,345.60 |
-1,609.76 |
|
|
-56.15 |
-499.18 |
|
Profit for the year |
3,972.18 |
4,485.67 |
|
OTHER COMPREHENSIVE INCOME: |
|
|
|
Items not to be reclassified to profit or loss in subsequent periods |
|
|
|
Re-measurements of the defined benefit plans |
-85.05 |
24.21 |
|
Equity Instruments through Other Comprehensive Income |
234.29 |
- |
|
Income tax relating to items that will not be reclassified to profit or loss |
29.43 |
-8.38 |
|
Other Comprehensive Income for the year, net of Tax |
178.67 |
15.83 |
|
Total Comprehensive Income for the year, net of Tax |
4,150.85 |
4,501.50 |
|
Basic & Diluted Earning per Equity Share [EPS] |
3.46 |
4.46 |
|
Particulars |
2017 |
2016 |
|
Cash-flow From Operating Activities : |
|
|
|
Net profit before Tax |
3,916.03 |
3,986.49 |
|
Adjustment for : |
|
|
|
Depreciation |
1,653.16 |
1,988.05 |
|
Interest (net) |
47,766.87 |
46,352.15 |
|
Bad Debts and Sundry Amount Written Off |
- |
2,390.53 |
|
Gratuity and Leave Encashment Provision |
119.13 |
116.32 |
|
Gain on Mutual Funds |
-21.1 |
10.74 |
|
Gain on Fair Valuation of Derivatives |
-861.92 |
-583.79 |
|
Unrealised Exchange (Gain)/Loss |
-160.76 |
147.54 |
|
Dividend Received |
-7.5 |
-7.5 |
|
Excess / (Short) Provision |
- |
-8.38 |
|
Fixed Assets Written Off |
- |
106.57 |
|
Loss / (profit) on Sale of Shares / Investments |
- |
-51.68 |
|
Loss / (Profit) on sale of Fixed Assets |
8.21 |
- |
|
|
52,412.12 |
54,447.04 |
|
Changes in Working Capital : |
|
|
|
(Increase)/Decrease in Inventories |
-69,489.33 |
55,497.34 |
|
(Increase)/Decrease in Sundry Debtors |
-1,80,048.67 |
-17,821.68 |
|
(Increase)/Decrease in Loans & Advances |
12,644.66 |
-5,316.11 |
|
Increase/(Decrease) in Current Liabilities / Provisions |
2,41,996.02 |
-16,393.41 |
|
|
5,102.68 |
15,966.14 |
|
Cash Generated From Operations |
57,514.80 |
70,413.18 |
|
Income Tax Paid |
-2,558.31 |
-1,653.30 |
|
Net Cash Flow From Operating Activities |
54,956.49 |
68,759.88 |
|
Cash-flow From Investing Activities : |
|
|
|
Sale of Investments (Net) |
1,241.48 |
2,555.28 |
|
Receipt of Dividend |
7.5 |
7.5 |
|
Purchase of Fixed Assets (Net) |
-199.9 |
-154.92 |
|
Net Cash Flow From Investing Activities |
1,049.08 |
2,407.86 |
|
Cash Flow From Financing Activities : |
|
|
|
Issue of Share Warrants |
7,895.41 |
3,232.14 |
|
Increase / (Decrease) in Bank Borrowings |
3,501.62 |
-18,159.05 |
|
Repayment of Non Convertible Debentures |
-1,296.80 |
-1,405.98 |
|
Repayment of External Commercial Borrowings |
-10,439.47 |
-7,027.36 |
|
Proceeds of Term Loan |
2,500.00 |
- |
|
Proceeds of Unsecured Loans |
-7,786.44 |
1,366.70 |
|
Issue / (Maturity) of Fixed Deposit Scheme |
-172.85 |
-16.69 |
|
Dividend Paid |
-593.17 |
- |
|
Corporate Dividend Tax Paid |
-123.5 |
- |
|
Interest Paid (Net) |
-46,979.74 |
-46,138.06 |
|
Net Cash Flow From Financing Activities |
-53,494.94 |
-68,148.30 |
|
Net Increase/(Decrease) in cash and cash equivalents |
2,510.64 |
3,019.44 |
|
Cash and cash equivalents at the beginning of the year |
3,710.42 |
690.98 |
|
Cash and cash equivalents at the end of the year |
6,221.06 |
3,710.42 |
Here is a summary of the Cash Flow Statement for the years 2017 and 2016:
1. Operating Activities:
- Operating cash flow represents the cash generated or used in the core business operations of the company.
- In 2017, the net cash flow from operating activities was Rs 54,956.49 lakhs, compared to Rs 68,759.88 lakhs in 2016.
- Key adjustments made to calculate operating cash flow include depreciation, interest (net), provisions for bad debts, gratuity, gains/losses on mutual funds, fair valuation of derivatives, and other operating expenses.
- Changes in working capital significantly affected operating cash flow. In 2017, there was a substantial decrease in inventories and an increase in current liabilities/provisions, partially offset by decreases in sundry debtors and loans & advances.
2. Investing Activities:
- Investing activities involve cash flows related to the acquisition and disposal of long-term assets and investments.
- In 2017, the net cash flow from investing activities was Rs 1,049.08 lakhs, compared to Rs 2,407.86 lakhs in 2016.
- Major cash inflows came from the sale of investments and receipt of dividends, while cash outflows were primarily for the purchase of fixed assets.
3. Financing Activities:
- Financing activities involve cash flows related to raising and repaying capital, including issuing equity, borrowing, and paying dividends.
- In 2017, the net cash flow from financing activities was a positive Rs 53,494.94 lakhs, compared to a negative Rs 68,148.30 lakhs in 2016.
- Cash inflows were mainly from the issue of share warrants and proceeds from term loans and unsecured loans. Cash outflows included repayment of borrowings, debentures, and fixed deposit schemes, along with dividend payments and corporate dividend tax.
- Interest paid (net) also contributed to cash outflows in financing activities.
4. Overall Cash Position:
- The net increase in cash and cash equivalents for 2017 was Rs 2,510.64 lakhs, compared to Rs 3,019.44 lakhs in 2016.
- The company had cash and cash equivalents of Rs 6,221.06 lakhs at the end of 2017, compared to Rs 3,710.42 lakhs at the beginning of the year.
