| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| India Carbon Limited |
|
PARTICULARS |
2023 |
2022 |
|
ASSETS |
|
|
|
Non-current Assets |
|
|
|
Property, Plant and Equipment |
1,535.30 |
1,447.37 |
|
Capital work-in-progress |
704.42 |
491.24 |
|
Intangible Assets |
2.6 |
7.08 |
|
Financial Assets: |
|
|
|
Investments |
20,113.57 |
20,694.21 |
|
Other Financial Assets |
64.56 |
329.86 |
|
Deferred Tax Assets (Net) |
0 |
42.7 |
|
Other non-current assets |
40.68 |
41.24 |
|
Total Non - Current Assets |
22,461.11 |
23,053.70 |
|
Current Assets |
|
|
|
Inventories |
21,165.97 |
18,070.40 |
|
Financial Assets: |
|
|
|
Investments |
317.48 |
266.07 |
|
Trade Receivables |
4,656.04 |
6,019.69 |
|
Cash and cash equivalents |
1,262.87 |
1,282.27 |
|
Other Bank Balances |
1,025.58 |
95.57 |
|
Other financial assets |
342.89 |
221.06 |
|
Other Current Assets |
4,981.78 |
4,695.43 |
|
Total Current Assets |
33,752.61 |
30,650.50 |
|
Total Assets |
56,213.72 |
53,704.20 |
|
EQUITY AND LIABILITIES |
|
|
|
Equity |
|
|
|
Equity Share Capital |
265 |
265 |
|
Other Equity |
43,141.39 |
43,323.83 |
|
Total Equity |
43,406.39 |
43,588.83 |
|
LIABILITIES |
|
|
|
Non-current liabilities |
|
|
|
Provisions |
40.65 |
35.85 |
|
Deferred Tax Liabilities (Net) |
98.24 |
- |
|
Total Non-current liabilities |
138.88 |
35.85 |
|
Current Liabilities |
|
|
|
Financial Liabilities |
|
|
|
Borrowings |
11,500.00 |
5,799.01 |
|
Trade Payables |
|
|
|
Total outstanding dues of micro enterprises and small enterprises |
215.97 |
549.82 |
|
Total outstanding dues of creditors other than micro enterprises and small |
351.59 |
2,238.40 |
|
enterprises |
||
|
Other Financial Liabilities |
472.36 |
1,249.53 |
|
Other Current Liabilities |
41.47 |
89.88 |
|
Provisions |
34.49 |
7.8 |
|
Current Tax Liabilities (Net) |
52.57 |
145.07 |
|
Total Current Liabilities |
12,668.45 |
10,079.52 |
|
Total Liabilities |
12,807.34 |
10,115.38 |
|
Total Equity and Liabilities |
56,213.72 |
53,704.20 |
|
PARTICULARS |
2023 |
2022 |
|
Revenue from Operations |
56,571.86 |
45,612.37 |
|
Other Income |
1,055.16 |
1,971.89 |
|
Total Income |
57,627.02 |
47,584.25 |
|
Expenses |
|
|
|
Cost of Materials Consumed |
50,147.70 |
35,749.45 |
|
Changes in Inventories of Finished Goods |
-3,336.93 |
-5,898.90 |
|
Employee Benefits Expense |
1,250.17 |
1,787.47 |
|
Finance Costs |
670.87 |
108.01 |
|
Depreciation and Amortization Expense |
160.3 |
202.94 |
|
Other Expenses |
5,296.24 |
4,008.25 |
|
Total Expenses |
54,188.36 |
35,957.22 |
|
Profit (Loss) Before Tax |
3,438.66 |
11,627.03 |
|
Tax Expense: |
|
|
|
Current tax |
601.71 |
2,025.93 |
|
Deffered Tax |
455.89 |
1,466.27 |
|
Excess tax Provision for earlier period written back |
-11.34 |
– |
|
Profit (Loss) for the Year |
2,392.39 |
8,134.83 |
|
Other Comprehensive Income |
|
|
|
Items that will not be reclassified to profit or loss |
|
|
|
Remeasurement of the defined benefit plans |
-9.52 |
16.39 |
|
Equity Instruments Through Other Comprehensive Income |
-2,747.77 |
2,458.36 |
|
Income tax relating to items that will not be reclassified to profir or loss |
|
|
|
Remeasurement of the defined benefit plans |
-0.03 |
-8.82 |
|
Equity Instruments Through Other Comprehensive Income |
314.98 |
-286.15 |
|
Total Other Comprehensive Income, Net of Tax |
-2,442.33 |
2,179.77 |
|
Total Comprehensive Income for the Year |
-49.94 |
10,314.60 |
|
Earning per equity share of Rs. 10/- each |
|
|
|
Basic |
90.28 |
306.97 |
|
Diluted |
90.28 |
306.97 |
|
PARTICULARS |
2023 |
2022 |
|
|
A. |
CASH FLOW FROM OPERATING ACTIVITIES : |
|
|
|
|
Profit before tax |
3438.66 |
11627.03 |
|
|
Adjustments for : |
|
|
|
|
Depreciation / Amortisation Expense |
160.3 |
202.94 |
|
|
Amortisation of Prepayments |
0.56 |
0.56 |
|
|
Finance Costs |
670.87 |
108.01 |
|
|
Provision no Longer requuired written back |
-115.96 |
- |
|
|
Net Gain/Loss on sale of Property Plant & Equipments |
1.24 |
0.1 |
|
|
Interest Income |
-211.77 |
-119.2 |
|
|
Dividend Income |
-55.39 |
-58.46 |
|
|
Liabilities No Longer Required written back |
-0.95 |
-13.62 |
|
|
Gain / Loss on Sale of Investments |
-2.27 |
-164.81 |
|
|
Net Gain/Loss on reinstatment of Investments measured at |
47.2 |
-1,030.28 |
|
fair value through profit or loss |
|||
|
|
Unrealised Gain/ Loss on Foreign Exchange |
– |
3.72 |
|
|
Bad Debts / Advances written off |
41.37 |
20.74 |
|
|
Operating Profit before Working Capital changes |
3,973.87 |
10,576.75 |
|
|
Adjustments for: |
|
|
|
|
Increase/ decrease in Trade Receivables, Loans, Advances and Other Assets |
946.64 |
-6,732.28 |
|
|
Increase/ decrease in Inventories |
-3,095.57 |
-12,036.54 |
|
|
Increase/ decrease in Trade Payables, Other Liabilities and |
-3,025.67 |
2,495.92 |
|
Provisions |
|||
|
|
Cash Generated from Operations |
-1,200.73 |
-5,696.15 |
|
|
Income Tax Paid |
-682.87 |
-2,140.21 |
|
|
NET CASH FLOW FROM OPERATING ACTIVITIES - A |
-1,883.60 |
-7,836.36 |
|
B. |
CASH FLOW FROM INVESTING ACTIVITIES |
|
|
|
|
Including Capital Work in Progress |
-461.6 |
-713.05 |
|
|
Sale of Property, Plant & Equipments |
3.44 |
– |
|
|
Investment in Mutual Funds |
-4,139.25 |
-7,153.17 |
|
|
Sale of Investment in Mutual Funds |
1,950.05 |
8,742.97 |
|
|
Investment in Bank Deposits |
-653.97 |
2,564.24 |
|
|
Sale of Shares of Subsidiary company |
0.75 |
– |
|
|
Interest Income |
211.77 |
119.2 |
|
|
Dividend Income |
55.39 |
58.46 |
|
|
NET CASH FLOW FROM INVESTING ACTIVITIES - |
-3,033.42 |
3,618.64 |
|
C. |
CASH FLOW FROM FINANCING ACTIVITIES |
|
|
|
Proceeds from Short Term Borrowings (Net) |
5,700.98 |
4,001.72 |
|
|
Finance Costs |
-670.87 |
-108.01 |
|
|
Dividend Paid |
-132.5 |
-132.5 |
|
|
NET CASH USED IN FINANCING ACTIVITIES - C |
4,897.61 |
3,761.21 |
|
|
NET INCREASE /DECREASE. IN CASH AND CASH |
|
|
|
|
NET INC /DEC IN CASH AND CASH EQUIVALENT (A+B+C) |
-19.41 |
-456.51 |
|
|
Add: Balance of Cash and Cash Equivalents As At 31.3.2022 |
1,282.27 |
1,738.79 |
|
|
Balance of Cash and Cash Equivalents As At 31.03.2023 |
1,262.87 |
1,282.27 |
|
Certainly, here is a summary of the Cash Flow Statement for the years 2023 and 2022:
A. Cash Flow from Operating Activities
- In 2023, the company reported a profit before tax of Rs. 3,438.66 lakhs, a significant decrease from the previous year.
- Adjustments, including depreciation, finance costs, and gains/losses on various items, resulted in an operating profit before working capital changes of Rs. 3,973.87 lakhs.
- Changes in working capital, including increases in trade receivables, loans, advances, and other assets, along with decreases in inventories and increases in trade payables, other liabilities, and provisions, led to a net cash outflow from operating activities of Rs. -1,883.60 lakhs in 2023.
- Income tax paid during the year amounted to Rs. -682.87 lakhs.
B. Cash Flow from Investing Activities
- In 2023, the company had cash outflows from investing activities, including capital work in progress, investments in mutual funds, and bank deposits.
- Cash inflows from investing activities came from the sale of property, plant & equipment, sale of investments in mutual funds, and interest and dividend income.
- The net cash outflow from investing activities in 2023 was Rs. -3,033.42 lakhs.
C. Cash Flow from Financing Activities
- Cash flow from financing activities included proceeds from short-term borrowings (net), finance costs, and dividend paid.
- The net cash used in financing activities in 2023 was Rs. 4,897.61 lakhs.
Net Increase/Decrease in Cash and Cash Equivalents
- The net increase/decrease in cash and cash equivalents for the entire year (A + B + C) was a decrease of Rs. -19.41 lakhs in 2023, indicating a slight decrease in cash reserves.
- The balance of cash and cash equivalents as of March 31, 2023, stood at Rs. 1,262.87 lakhs, compared to Rs. 1,282.27 lakhs as of March 31, 2022.
|
PARTICULARS |
2023 |
2022 |
|
Current ratio |
2.66 |
3.04 |
|
Debt–equity ratio |
0.26 |
0.13 |
|
Return on equity ratio |
9.03 |
30.7 |
|
Inventory turnover ratio |
2.88 |
3.78 |
|
Trade receivables turnover ratio |
10.6 |
11.11 |
|
Trade payables turnover ratio |
8.76 |
8.94 |
|
Net capital turnover ratio |
2.72 |
2.66 |
|
Net profit ratio |
0.04 |
0.18 |
|
Return on capital employed |
0.09 |
0.27 |
Based on the provided data, here is a summary of the financial and operational metrics for India Carbon Ltd for the years 2023 and 2022:
Current Ratio
- In 2023, the current ratio was 2.66, indicating that the company had Rs. 2.66 in current assets for every Rs. 1 in current liabilities.
- In 2022, the current ratio was slightly higher at 3.04, indicating a stronger liquidity position.
Debt-Equity Ratio
- In 2023, the debt-equity ratio was 0.26, suggesting that the company had a relatively low level of debt compared to its equity.
- In 2022, the debt-equity ratio was lower at 0.13, indicating an even lower level of debt relative to equity.
Return on Equity (ROE) Ratio
- In 2023, the ROE ratio was 9.03%, indicating that the company generated a return of 9.03% on shareholders ' equity during the year.
- In 2022, the ROE ratio was significantly higher at 30.7%, suggesting a much higher return on equity in the previous year.
Inventory Turnover Ratio
- In 2023, the inventory turnover ratio was 2.88, indicating that the company 's inventory was turned over approximately 2.88 times during the year.
- In 2022, the ratio was slightly higher at 3.78, suggesting a faster turnover of inventory in the previous year.
Trade Receivables Turnover Ratio
- In 2023, the trade receivables turnover ratio was 10.6, indicating that the company collected its outstanding receivables approximately 10.6 times during the year.
- In 2022, the ratio was slightly higher at 11.11, suggesting a faster collection of receivables in the previous year.
Trade Payables Turnover Ratio
- In 2023, the trade payables turnover ratio was 8.76, indicating that the company paid its trade payables approximately 8.76 times during the year.
- In 2022, the ratio was 8.94, suggesting a similar turnover of trade payables in the previous year.
Net Capital Turnover Ratio
- In 2023, the net capital turnover ratio was 2.72, indicating the efficiency of the company in utilizing its capital to generate sales.
- In 2022, the ratio was 2.66, suggesting a slightly lower capital turnover in the previous year.
Net Profit Ratio
- In 2023, the net profit ratio was 0.04, indicating that the company earned a net profit of 4% on its total revenue during the year.
- In 2022, the ratio was significantly higher at 0.18, suggesting a much higher net profit margin in the previous year.
Return on Capital Employed (ROCE)
- In 2023, the ROCE was 0.09, indicating a return of 9% on the capital employed by the company.
- In 2022, the ROCE was higher at 0.27, indicating a much higher return on capital employed in the previous year.
