| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| IVRCL Limited |
|
Particulars |
2023 |
2022 |
|
I ASSETS |
|
|
|
1. Non-Current Assets |
|
|
|
(a) Property, Plant and Equipment |
2,082.93 |
2,322.73 |
|
(b) Capital Work-in-progress |
97.26 |
97.26 |
|
(c) Investment Properties |
239.68 |
244.19 |
|
(d) Goodwill on Consolidation |
848.49 |
1,088.18 |
|
(e) Other Intangible Assets |
20,809.09 |
23,317.99 |
|
(f) Other Intangible Assets under Development |
6,156.37 |
6,157.73 |
|
(g) Financial Assets |
|
|
|
(i) Investments |
4,753.33 |
4,753.13 |
|
(ii) Trade Receivables |
2,094.26 |
2,249.71 |
|
(iii) Other financial Assets |
13,590.75 |
12,535.58 |
|
(h) Deferred Tax Asset (Net) |
9,740.11 |
9,748.82 |
|
(i) Non - Current Tax Assets |
571.36 |
552.50 |
|
(j) Other Non - Current Assets |
3,811.28 |
3,798.12 |
|
Sub Total Non-Current Assets |
64,794.90 |
66,865.94 |
|
2. Current Assets |
|
|
|
(a) Inventories |
9,598.57 |
9,641.09 |
|
(b) Financial Assets |
|
|
|
(i) Investments |
1,144.82 |
739.36 |
|
(ii) Trade Receivables |
6,974.83 |
7,490.41 |
|
(iii) Cash and cash equivalents |
2,489.87 |
2,015.86 |
|
(iv) Bank balances (other than iii above) |
779.58 |
1,056.33 |
|
(v) Other Financial Assets |
1,236.92 |
1,248.43 |
|
(c) Current Tax Assets |
228.07 |
224.59 |
|
(d) Other Current Assets |
4,307.10 |
4,281.38 |
|
Sub Total Current Assets |
26,759.77 |
26,967.45 |
|
Total Assets |
91,554.67 |
93,563.39 |
|
II EQUITY AND LIABILITIES |
|
|
|
1. Equity |
|
|
|
(a) Equity Share Capital |
1,565.80 |
1,565.80 |
|
(b) Other Equity |
(1,39,197.33) |
1,13,113.07 |
|
Equity attributable to owners of the parent |
(1,37,631.53) |
1,11,547.27 |
|
Non-controlling interests |
619.93 |
880.04 |
|
Sub Total Equity |
(1,37,011.61) |
1,10,667.24 |
|
Liabilities |
|
|
|
2. Non-Current Liabilities |
|
|
|
(a) Financial Liabilities |
|
|
|
(i) Borrowings |
856.65 |
1,383.00 |
|
(ii) Other financial liabilities |
3.12 |
3.33 |
|
(b) Provisions |
43.22 |
17.64 |
|
(c) Deferred Tax Liability (Net) |
|
|
|
(d) Other Non-Current Liabilities |
1,344.74 |
1,388.74 |
|
Sub Total Non-Current Liabilities |
2,247.73 |
2,793.25 |
|
3. Current Liabilities |
|
|
|
(a) Financial Liabilities |
|
|
|
(i) Borrowings |
1,20,568.47 |
1,11,274.36 |
|
(ii) Trade Payables |
|
|
|
Total Outstanding Dues of Micro Enterprises, Small Enterprise |
7.89 |
7.89 |
|
Total Outstanding Dues of Creditors other than Micro Enterprises and Small Enterprises |
15,054.17 |
15,064.08 |
|
(iii) Others Financial Liabilities |
82,523.89 |
65,824.25 |
|
(b) Other Current Liabilities |
5,682.92 |
5,701.89 |
|
(c) Provisions |
2,433.11 |
3,522.43 |
|
(d) Current Tax Liabilities (Net) |
48.11 |
42.48 |
|
Sub Total Current Liabilities |
2,26,318.55 |
2,01,437.37 |
|
Total Equity and Liabilities |
9,15,854.67 |
93,563.39 |
|
Particulars |
2023 |
2022 |
|
Income |
||
|
(a) Revenue From Operations |
740.43 |
2,865.18 |
|
(b) Other Income |
140.98 |
115.80 |
|
Total Income |
881.41 |
2,980.98 |
|
Expenses |
||
|
(a) Cost of Construction Material Consumed |
11.44 |
17.63 |
|
(b) Subcontracting Expenses |
568.18 |
2,102.47 |
|
(c) Masonary Labour and Other Construction Expenses |
124.31 |
543.87 |
|
(d) Employee Benefits Expense |
299.56 |
331.73 |
|
(e) Finance Costs |
22,302.50 |
19,038.47 |
|
(f) Depreciation and Amortisation Expense |
131.92 |
180.38 |
|
(g) Other Expenses |
463.63 |
277.41 |
|
Total Expenses |
23,901.54 |
22,491.96 |
|
Loss Before Exceptional Items and Tax (I - II) |
(23,020.13) |
(19,510.98) |
|
Loss Before Tax (III - IV) |
(23,020.13) |
(19,510.98) |
|
Tax Expense |
||
|
(a) Current Tax |
(15.03) |
(15.03) |
|
Net Loss For The Year |
(23,035.16) |
(19,526.01) |
|
Other Comprehensive Income/(Expense) |
||
|
a) Items that will not be reclassified to Profit or Loss |
||
|
i) Remeasurements of the defined benefit Plans |
11.71 |
16.51 |
|
ii) Income Tax effect on above |
(4.09) |
(5.77) |
|
Other Comprehensive Income/(Loss) for the Year |
7.62 |
10.74 |
|
Total Comprehensive Income for the year (VII + VIII ) Earnings Per Share (face value ` 2 each) |
(23,027.54) |
(19,515.27) |
|
Basic & Diluted |
(29.41) |
(24.93) |
|
Particulars |
2023 |
2022 |
|
A.Cash flow from operating activities |
||
|
(Loss)/Profit Before Tax |
(23,020.13) |
(19,510.98) |
|
Adjustment for: |
||
|
Depreciation and Amortisation Expense |
131.92 |
180.38 |
|
Dividend received on Investments |
0.05 |
|
|
Finance income on unwinding of financial assets |
43.01 |
|
|
Provision for doubtful debts,advances,UBR, and deposits (net) |
318.21 |
73.48 |
|
Share profit on Join Venture |
0.05 |
5.55 |
|
Net Unrealised Exchange (Gain) / Loss Interest Income |
(20.69) |
17.18 |
|
Finance Costs |
22,302.50 |
19,038.47 |
|
Operating Profit / (Loss) before working capital changes |
(245.12) |
(230.23) |
|
Changes in Working Capital : |
||
|
(Increase)/decrease in Inventories |
(6.98) |
0.14 |
|
(Increase)/decrease in Trade Receivables |
307.92 |
292.38 |
|
(Increase)/decrease in Other Non Current Assets |
0.54 |
1.52 |
|
(Increase)/decrease in Other Current Assets |
7.95 |
(20.37) |
|
Increase/(decrease) in Trade Payable |
(79.92) |
700.13 |
|
Increase/(decrease) in Other Financial Liabilities |
1,037.37 |
(445.30) |
|
Increase/(decrease) in Other current liabilities and provision |
(115.47) |
(37.00) |
|
Net Cash used in Operations |
906.28 |
361.28 |
|
Net Income Tax Refund / (paid) |
(11.04) |
(57.00) |
|
Net Cash (used in ) / generated from operating activities |
895.24 |
204.28 |
|
B. Cash flow from investing activities |
||
|
Capital Expenditure on Fixed Assets (including Capital Advances) |
(0.59) |
0.66 |
|
(Purchase) / Subscription of Long-Term Investments |
(0.25) |
(5.15) |
|
Loans/Advance given to Subsidiaries/Associates/Joint Ventures (net) |
21.34 |
(215.90) |
|
Interest Received |
4.42 |
17.18 |
|
Dividend Received on Long Tem Investments |
(0.05) |
|
|
Net cash used in investing activities |
24.92 |
(203.26) |
|
C. Cash flow from financing activities |
||
|
Repayment of Borrowings |
(1,468.94) |
|
|
Net cash generated from financing activities |
(1,468.94) |
|
|
Net increase / (decrease) in cash and cash equivalents (A+B+C) |
(548.78) |
1.02 |
|
Cash and cash equivalents at the beginning of the year |
893.63 |
892.61 |
|
Cash and cash equivalents at the end of the year |
344.85 |
893.63 |
The financial data for the years 2022 and 2023 reveals significant details about the company 's cash flow across operating, investing, and financing activities.
Operating Activities :
In 2023, the company experienced a (Loss) Before Tax of (23,020.13) lakhs, compared to (19,510.98) lakhs in 2022. Adjustments include Depreciation and Amortisation Expense of 131.92 lakhs (2023) and 180.38 lakhs (2022), as well as Finance Costs amounting to 22,302.50 lakhs (2023) and 19,038.47 lakhs (2022). Notably, there was a significant increase in Provision for doubtful debts, advances, UBR, and deposits, reaching 318.21 lakhs in 2023, compared to 73.48 lakhs in 2022. The company incurred a Net Cash used in Operations of 906.28 lakhs in 2023, showing an improvement from 361.28 lakhs in 2022.
Investing Activities :
The company made Capital Expenditure on Fixed Assets (including Capital Advances) of (0.59) lakhs in 2023, slightly lower than the 0.66 lakhs spent in 2022. Loans/Advance given to Subsidiaries/Associates/Joint Ventures increased to 21.34 lakhs in 2023 from (215.90) lakhs in 2022. Net Cash used in Investing Activities amounted to 24.92 lakhs in 2023, a positive shift from (203.26) lakhs in 2022.
Financing Activities :
The significant event in financing activities for 2023 was the Repayment of Borrowings, totaling (1,468.94) lakhs. There was no comparable activity in 2022. Consequently, Net Cash generated from Financing Activities was (1,468.94) lakhs in 2023.
Overall Cash Position :
The Net increase/(decrease) in cash and cash equivalents for 2023 was (548.78) lakhs, whereas 2022 saw a marginal increase of 1.02 lakhs. The company ended 2023 with Cash and cash equivalents of 344.85 lakhs, a decrease from 893.63 lakhs at the beginning of the year. In contrast, the company had 892.61 lakhs in Cash and cash equivalents at the beginning of 2022.
