INKEL Ltd Annual report, Balance Sheet and Financials

Inkel Limited Balance Sheet (In Rs. Lakhs)

Inkel Limited Profit & Loss Statement (In Rs. Lakhs)

Inkel Limited Consolidated Cash Flow Statement (In Rs. Lakhs)

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. 1,470.47 lakhs, a significant increase from the previous year 's figure of Rs. 122.21 lakhs.

- Adjustments for various items, including depreciation, provisions, interest income, and finance costs, resulted in an operating profit before working capital changes of Rs. 929.07 lakhs.

- Changes in working capital, including decreases in trade receivables, other non-current assets, inventories, and increases in trade payables and other current liabilities, led to a net cash outflow from operating activities of Rs. -2,136.02 lakhs in 2023.

- Taxes paid during the year amounted to Rs. -244.06 lakhs.

B. Cash Flow from Investing Activities

- In 2023, the company had cash inflows from investing activities, including interest received on loans/deposits, proceeds from the sale of fixed assets, and dividend received.

- Cash outflows from investing activities included the purchase of fixed assets, capital work in progress, and loans and advances given/repaid.

- The net cash inflow from investing activities in 2023 was Rs. 887.69 lakhs.

C. Cash Flow from Financing Activities

- Cash flow from financing activities included proceeds from short-term borrowings, finance costs paid, and dividend payments.

- The net cash inflow from financing activities in 2023 was Rs. 1,772.76 lakhs.

Net Increase in Cash and Cash Equivalents

- The net increase in cash and cash equivalents for the entire year (A + B + C) was an increase of Rs. 524.43 lakhs in 2023, indicating a positive cash flow.

- The balance of cash and cash equivalents as of March 31, 2023, stood at Rs. 1,295.28 lakhs, compared to Rs. 770.85 lakhs as of March 31, 2022.

Inkel Limited Key Financial Ratios

Here is a summary of the financial and operational metrics for Inkel Limited

1. Current Ratio

   - In 2023, the current ratio was 1.29, indicating that the company had Rs. 1.29 in current assets for every Rs. 1 in current liabilities.

   - In 2022, the current ratio was slightly higher at 1.36, indicating a stronger liquidity position in the previous year.

2.Debt Equity Ratio

   - In 2023, the debt-equity ratio was 0.22, 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 in the previous year.

3.Return on Equity (ROE)

   - In 2023, the ROE ratio was 0.07%, indicating that the company generated a return of 0.07% on shareholders ' equity during the year.

   - In 2022, the ROE ratio was even lower at 0.01%, suggesting a very minimal return on equity in the previous year.

4. Inventory Turnover Ratio

   - In 2023, the inventory turnover ratio was exceptionally high at 70.54, suggesting that the company 's inventory was turned over very rapidly during the year.

   - In 2022, the ratio was significantly lower at 1,202.66, indicating a much slower turnover of inventory in the previous year.

5. Trade Receivable Turnover Ratio

   - In 2023, the trade receivables turnover ratio was 0.8, suggesting that the company collected its outstanding receivables approximately 0.8 times during the year.

   - In 2022, the ratio was slightly higher at 0.98, indicating a slightly faster collection of receivables in the previous year.

6.Trade Payable Turnover Ratio

   - In 2023, the trade payable turnover ratio was 1.36, indicating that the company paid its trade payables approximately 1.36 times during the year.

   - In 2022, the ratio was 1.19, suggesting a similar turnover of trade payables in the previous year.

7.Net Capital Turnover Ratio

   - In 2023, the net capital turnover ratio was 3.96, indicating the efficiency of the company in utilizing its capital to generate sales.

   - In 2022, the ratio was slightly lower at 3.45, suggesting a slightly lower capital turnover in the previous year.

8.Net Profit Ratio

   - In 2023, the net profit ratio was 0.19%, indicating that the company earned a net profit of 0.19% on its total revenue during the year.

   - In 2022, the ratio was even lower at 0.02%, suggesting a very minimal net profit margin in the previous year.

9.Return on Capital Employed (ROCE)

   - In 2023, the ROCE was 0.06%, indicating a return of 0.06% on the capital employed by the company.

   - In 2022, the ROCE was also 0.01%, suggesting a very minimal return on capital employed in the previous year.

Return on Investment (ROI)

   - In 2023, the ROI was 0.06%, indicating a return of 0.06% on the company 's total investment.

   - In 2022, the ROI was also 0.01%, suggesting a very minimal return on investment in the previous year.