| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Hind Ispat Limited |
|
Particulars |
2021 |
2020 |
|
(1) ASSETS |
|
|
|
Non-current assets |
|
|
|
(a) Property, Plant and Equipment |
5,913.50 |
5,913.50 |
|
(b) Capital work-in-progress |
|
|
|
(c) Goodwill |
|
|
|
(d) Financial Assets |
|
|
|
(i) Investments |
- |
- |
|
(ii) Trade receivables |
|
|
|
(iii) Loans & Advances |
7,81,42,960.00 |
7,77,40,122.00 |
|
(e) Deferred tax assets (net) |
|
- |
|
(f) Other non-current assets |
21,93,921.28 |
21,67,916.28 |
|
(2) Current assets |
|
|
|
(a) Inventories |
|
|
|
(b) Financial Assets |
|
|
|
(i) Investments |
- |
- |
|
(ii) Trade receivables |
- |
- |
|
(iii) Cash and cash equivalents |
22,53,884.22 |
1,07,231.22 |
|
(v) Loans & Advances |
22,99,14,924.00 |
22,98,87,453.00 |
|
(c) Current Tax Assets (Net) |
|
|
|
(d) Other current assets |
17,27,259.18 |
11,09,555.18 |
|
Total Assets |
31,42,38,862.18 |
31,10,18,191.18 |
|
EQUITY AND LIABILITIES |
|
|
|
Equity |
|
|
|
(a) Equity Share capital |
25,68,97,500.00 |
25,68,97,500.00 |
|
(b) Other Equity |
1,37,49,668.18 |
1,36,13,483.18 |
|
LIABILITIES |
|
|
|
Non-current liabilities |
|
|
|
(a) Financial Liabilities |
|
|
|
(i) Borrowings |
- |
- |
|
(ii) Trade payables |
|
|
|
(b) Deferred tax liabilities (Net) |
1,024.00 |
736 |
|
(c) Other non-current liabilities |
- |
- |
|
Current liabilities |
|
|
|
(a) Financial Liabilities |
|
|
|
(i) Borrowings |
7,01,000.00 |
7,01,000.00 |
|
(ii) Trade payables |
2,24,14,692.00 |
2,12,14,692.00 |
|
(b) Other current liabilities |
2,04,35,016.00 |
1,85,76,823.00 |
|
(d) Tax Liabilities (Net) |
39,962.00 |
13,957.00 |
|
Total Equity and Liabilities |
31,42,38,862.18 |
31,10,18,191.18 |
|
Particulars |
2021 |
2020 |
|
Revenue From Operations |
76,16,348.00 |
1,13,17,514.00 |
|
Other Income |
- |
- |
|
Total Income (I+II) |
76,16,348.00 |
1,13,17,514.00 |
|
EXPENSES |
|
|
|
Cost of materials consumed |
|
|
|
Purchases of Stock-in-Trade |
12,00,000.00 |
49,00,000.00 |
|
Changes in inventories of finished goods, |
|
|
|
Stock-in -Trade and work-in-progress |
|
|
|
Employee benefits expense |
32,96,590.00 |
36,14,133.00 |
|
Finance costs |
944 |
2,330.80 |
|
Depreciation and amortization expense |
- |
- |
|
Other expenses |
29,82,341.00 |
27,27,805.00 |
|
Total expenses (IV) |
74,79,875.00 |
1,12,44,268.80 |
|
Profit/(loss) before exceptional items and tax (I- IV) |
1,36,473.00 |
73,245.20 |
|
Exceptional Items |
- |
- |
|
Profit/(loss) before tax (V-VI) |
1,36,473.00 |
73,245.20 |
|
Tax expense: |
|
|
|
(1) Current tax |
26,005.00 |
13,957.00 |
|
Less: MAT Credit Entitlement |
-26,005.00 |
-13,957.00 |
|
(2) Deferred tax |
288 |
630 |
|
(3) Income tax Adjustment |
- |
- |
|
(4) Deferred tax Adjustment |
- |
- |
|
Profit (Loss) for the period from continuing operations (VII-VIII) |
1,36,185.00 |
72,615.20 |
|
Profit/(loss) from discontinued operations |
- |
- |
|
Tax expense of discontinued operations |
- |
- |
|
Profit/(loss) from Discontinued operations (after tax) (X-XI) |
- |
- |
|
Profit/(loss) for the period (IX+XII) |
1,36,185.00 |
72,615.20 |
|
Other Comprehensive Income |
- |
- |
|
A (i) Items that will not be reclassified to profit or loss |
|
|
|
(ii) Income tax relating to items that will not be reclassified to profit or loss |
|
|
|
B (i) Items that will be reclassified to profit or loss |
|
|
|
(ii) Income tax relating to items that will be reclassified to profit or loss |
|
|
|
Total Other Comprehensive Income |
- |
- |
|
Total Comprehensive Income for the period (XIII+XIV)(Comprising Profit (Loss) and Other Comprehensive Income for the period |
1,36,185.00 |
72,615.20 |
|
Earnings per equity share (Face Value of Rs. 10/- each) |
|
|
|
(1) Basic |
0.01 |
0 |
|
(2) Diluted |
0.01 |
0 |
|
Particulars |
2021 |
2020 |
|
(A)CASH FLOW FROM OPERATING ACTIVITIES:- |
|
|
|
1.Net profit before tax |
1,36,473.00 |
73,245.20 |
|
2.Adjustment for: |
|
|
|
Add: Depreciation & Amortisation Expenses |
- |
- |
|
Add: Amortization Expenses / Written off |
- |
- |
|
Less: Other Income |
- |
- |
|
Operating Profit before Working capital changes |
1,36,473.00 |
73,245.20 |
|
3.Working Capital Changes: |
|
|
|
Decrease (Increase) in Trade & Other Receivables |
- |
2,09,901.00 |
|
Decrease (Increase) in Other Current Assets |
-6,17,704.00 |
14,57,306.82 |
|
Decrease (Increase) in Other Non Current Assets |
- |
- |
|
Increase (Decrease) in Trade & Other Payables |
12,00,000.00 |
49,00,000.00 |
|
Increase (Decrease) in Current Liabilities & Provisions |
- |
- |
|
Increase (Decrease) in Other Current Liabilities |
18,58,193.00 |
47,06,530.00 |
|
Net Changes in Working Capital |
24,40,489.00 |
1,12,73,737.82 |
|
Cash Generated from Operations |
25,76,962.00 |
1,13,46,983.02 |
|
Adjustment of Taxes |
|
7,86,688.82 |
|
Net Cash Flow from Operating Activities (A) |
25,76,962.00 |
1,05,60,294.20 |
|
(B.) CASH FLOW FROM INVESTING ACTIVITIES : |
|
|
|
Purchase of Property, Plant & Equipment |
- |
- |
|
Non Current Financial Assets |
|
|
|
(Increase) Decrease in Loans & Advances |
-4,02,838.00 |
63,65,567.00 |
|
Current Financial Assets |
|
|
|
(Increase) Decrease in Loans & Advances |
-27,471.00 |
-1,79,36,996.00 |
|
Other Income |
- |
- |
|
Increase in Other Non Current Assets |
|
- |
|
Net Cash Flow from Investing Activities (B) |
-4,30,309.00 |
-1,15,71,429.00 |
|
(C.) CASH FLOW FROM FINANCING ACTIVITIES : |
|
|
|
Issue of share capital and Proceeds from Share Application Money |
- |
- |
|
Non Current Financial Assets |
|
|
|
Increase / (Decrease) in Borrowings |
- |
- |
|
Current Financial Assets |
|
|
|
Increase / (Decrease) in Borrowings |
- |
2,50,000.00 |
|
Net Cash Flow from Financing Activities (C) |
- |
2,50,000.00 |
|
Net Increase / (Decrease) in Cash & Cash Equivalents ( A-B+C ) |
21,46,653.00 |
-7,61,134.80 |
|
Cash and cash equivalents at the beginning of the year /Period |
1,07,231.22 |
8,68,366.02 |
|
Cash and cash equivalents at the end of the year/ Period |
22,53,884.22 |
1,07,231.22 |
Here is a summary of the Cash Flow Statement for the years 2021 and 2020:
Operating Activities (A):
1. Net Profit Before Tax:
In 2021, the company 's net profit before tax saw a substantial increase, reaching INR 1,36,473.00, compared to INR 73,245.20 in the previous year.
2. Operating Profit Before Working Capital Changes:
The operating profit before accounting for changes in working capital stood at INR 1,36,473.00 in 2021, indicating a robust operational performance.
3. Working Capital Changes:
The company experienced a net increase in working capital of INR 24,40,489.00.
Notable components contributing to this change included a decrease in trade and other receivables and other current assets. However, there was an increase in trade and other payables and other current liabilities.
4. Cash Generated from Operations:
The cash generated from operations amounted to INR 25,76,962.00 after adjusting for taxes, showcasing the company 's ability to generate cash from its core business activities.
Investing Activities (B):
1. Net Cash Flow from Investing Activities:
The company reported a net cash outflow of INR 4,30,309.00 from its investing activities in 2021.
This outflow was primarily attributed to a decrease in loans and advances related to both non-current and current financial assets.
2. Purchase of Property, Plant & Equipment:
There were no reported purchases of property, plant, and equipment during the specified period.
Financing Activities (C):
1. Net Cash Flow from Financing Activities:
The net cash flow from financing activities amounted to INR 2,50,000.00.
There were no issues of share capital or proceeds from share application money during this period.
Overall Cash Position:
1. Net Increase/(Decrease) in Cash & Cash Equivalents (A-B+C):
The company witnessed a significant improvement in its overall cash position, with a net increase of INR 21,46,653.00.
2. Cash and Cash Equivalents:
The period started with cash and cash equivalents of INR 1,07,231.22 and ended at INR 22,53,884.22.
In summary, the company demonstrated strong profitability and effective management of working capital, leading to a substantial increase in cash and cash equivalents despite cash outflows from investing activities.
