| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| J K Investo Trade India Limited |
|
PARTICULARS |
2021 |
2020 |
2019 |
|
ASSETS |
|
|
|
|
Financial assets |
|
|
|
|
- Cash and cash equivalents |
2,498.55 |
30.09 |
327.18 |
|
- Bank balances other than cash and cash equivalents above |
17.5 |
17.5 |
17.5 |
|
- Other Receivables |
11.77 |
11.77 |
- |
|
- Investments |
44,664.43 |
26,796.37 |
51,971.47 |
|
- Other financial assets |
7.13 |
8.38 |
4.91 |
|
Non-financial assets |
|
|
|
|
- Income tax assets (Net) |
170.18 |
226.1 |
240.63 |
|
- Deferred tax assets (Net) |
3.68 |
5.23 |
2.7 |
|
- Property, plant and equipment |
0.22 |
0.26 |
15.97 |
|
- Other non-financial assets |
4.38 |
4.87 |
10.29 |
|
Assets classified as held for distribution / discontinuing Operations |
- |
- |
19,443.24 |
|
TOTAL ASSETS |
47,377.84 |
27,100.57 |
72,033.83 |
|
LIABILITIES AND EQUITY |
|
|
|
|
Financial liabilities |
|
|
|
|
- Trade payables |
|
|
|
|
(b) total outstanding dues other than (a) above |
19.53 |
40.05 |
67.63 |
|
- Other financial liabilities |
887.61 |
879.37 |
58.72 |
|
Non-financial liabilities |
|
|
|
|
- Provisions |
4.1 |
10.24 |
16.51 |
|
- Liabilities for tax (Net) |
544.55 |
176.67 |
- |
|
- Deferred tax liabilities (Net) |
- |
- |
- |
|
- Other non-financial liabilities |
13.53 |
54.31 |
9.77 |
|
Liabilities directly associated with the assets classified as held for distribution /discontinuing operations |
- |
- |
11,702.95 |
|
Equity |
|
|
|
|
Equity share capital |
732.22 |
732.22 |
732.22 |
|
Other equity |
45,176.30 |
25,207.71 |
59,446.03 |
|
Total equity |
45,908.52 |
25,939.93 |
60,178.25 |
|
TOTAL LIABILITIES AND EQUITY |
47,377.84 |
27,100.57 |
72,033.83 |
|
PARTICULARS |
2021 |
2020 |
|
Revenue from operations |
0.01 |
218.87 |
|
Other income |
66.4 |
24.89 |
|
Total Income (I + II) |
66.41 |
243.76 |
|
Expenses: |
|
|
|
Finance Cost |
- |
0.74 |
|
Employee benefits expense |
22.34 |
58.97 |
|
Depreciation expense |
0.04 |
0.2 |
|
Other expenses |
81.05 |
148.76 |
|
Total expenses (IV) |
103.43 |
208.67 |
|
(Loss) / Profit before tax and exceptional items |
-37.02 |
35.09 |
|
Exceptional items |
4,654.42 |
43,392.20 |
|
Profit before tax after exceptional items |
4,617.40 |
43,427.29 |
|
Tax expense: |
|
|
|
Current tax |
600.11 |
8,837.10 |
|
Deferred tax charge / (credit) |
2.01 |
-1.73 |
|
Tax in respect of earlier years |
138.35 |
-0.19 |
|
|
740.47 |
8,835.18 |
|
Profit for the year |
3,876.93 |
34,592.11 |
|
Other comprehensive income |
|
|
|
(i) Items that will not be reclassified to profit or loss |
|
|
|
Remeasurement of the defined benefit plans |
-1.82 |
-2.6 |
|
Equity instruments through Other comprehensive income |
16,093.02 |
-61,076.90 |
|
|
16,091.20 |
-61,079.50 |
|
(ii) Income tax relating to items that will not be reclassified to profit or loss |
|
|
|
Remeasurement of the defined benefit plans |
-0.46 |
-0.8 |
|
|
-0.46 |
-0.8 |
|
Other comprehensive income for the year |
16,091.66 |
-61,078.70 |
|
Total comprehensive income for the year |
19,968.59 |
-26,486.59 |
|
Earnings per equity share of Rupees 10 each |
|
|
|
Basic and Diluted Earnings Per Share (excluding exceptional items) |
-0.53 |
0.32 |
|
Basic and Diluted Earnings Per Share (including exceptional items) |
52.95 |
472.43 |
|
PARTICULARS |
2021 |
2020 |
|
CASH FLOW FROM OPERATING ACTIVITIES: |
|
|
|
(Loss) / Profit before tax and exceptional items |
-37.02 |
35.09 |
|
Adjustments for: |
|
|
|
Depreciation expense |
0.04 |
0.2 |
|
Finance Cost |
- |
0.74 |
|
Loss on sale/discard of property, plant and equipment / intangible assets (Net) |
- |
0.08 |
|
Loss allowance |
- |
10.28 |
|
Interest income |
-19.45 |
-1.86 |
|
Fair value gain on investments (Net) |
-16.03 |
-0.15 |
|
Liabilities no longer required written back |
-0.36 |
- |
|
Remeasurement of the defined benefit plans |
-1.82 |
-2.6 |
|
Operating (Loss) / Profit before Working Capital Changes |
-74.64 |
41.78 |
|
Adjustments for: |
|
|
|
Decrease / (Increase) in other receivables |
1.03 |
-9.83 |
|
(Increase) in Investments |
-1,759.01 |
-35,901.64 |
|
(Decrease) / Increase in trade & other payables |
-34.4 |
224.45 |
|
(Decrease) in provisions |
-6.14 |
-6.27 |
|
|
-1,798.52 |
-35,693.29 |
|
Direct tax paid (net of refund) |
70.91 |
433.98 |
|
Net cash used in operating activities |
-1,802.25 |
-35,217.53 |
|
B. CASH FLOW FROM INVESTING ACTIVITIES: |
|
|
|
Interest income |
19.45 |
1.86 |
|
Proceeds from sale of Property, Plant and Equipment (Net) |
4,626.29 |
44,577.08 |
|
Direct taxes paid thereon |
-375.04 |
-8,645.91 |
|
Net cash generated from in investing activities |
4,270.71 |
35,933.03 |
|
|
|
|
|
Net increase in cash and cash equivalents (A+B) |
2,468.46 |
715.5 |
|
Add: Cash and cash equivalents at the commencement of the year |
30.09 |
3,233.91 |
|
Less: Cash and cash equivalents transferred pursuant to the Composite scheme of amalgamation and arrangement (Refer Note 37) |
2,498.55 |
-3,919.32 |
|
Cash and cash equivalents at the end of the year |
- |
30.09 |
Certainly, here is a summary of the Cash Flow Statement for the years 2021 and 2020:
A. CASH FLOW FROM OPERATING ACTIVITIES:
1. (Loss) / Profit before tax and exceptional items:
In 2021, there was a loss of Rs. 37.02, while in 2020, a profit of Rs. 35.09 was recorded before considering exceptional items.
2. Adjustments for:
Depreciation expense: Depreciation increased slightly from Rs. 0.2 in 2020 to Rs. 0.04 in 2021.
Finance Cost: No finance cost was incurred in 2021, compared to Rs. 0.74 in 2020.
Loss on sale/discard of assets: There was no reported loss on the sale or discard of assets in 2021, compared to Rs. 0.08 in 2020.
Loss allowance: No loss allowance was reported in 2021, unlike Rs. 10.28 in 2020.
Interest income: Interest income increased from Rs. -1.86 in 2020 to -Rs. 19.45 in 2021.
Fair value gain on investments: A decrease was observed from -Rs. 0.15 in 2020 to -Rs. 16.03 in 2021.
Liabilities no longer required written back: Rs. -0.36 was written back in 2021, while no entry was reported in 2020.
Remeasurement of defined benefit plans: A decrease from -Rs. 2.6 in 2020 to -Rs. 1.82 in 2021.
3. Operating (Loss) / Profit before Working Capital Changes:
The operating loss increased from Rs. 41.78 in 2020 to -Rs. 74.64 in 2021.
4. Adjustments for Working Capital Changes:
Decrease / (Increase) in other receivables: Other receivables increased by Rs. 1.03 in 2021, while a decrease of Rs. 9.83 was noted in 2020.
(Increase) in Investments: A significant increase of -Rs. 1,759.01 in 2021, compared to -Rs. 35,901.64 in 2020.
(Decrease) / Increase in trade & other payables: A decrease of Rs. 34.4 in 2021, in contrast to an increase of Rs. 224.45 in 2020.
(Decrease) in provisions: Provisions decreased by Rs. 6.14 in 2021, while a decrease of Rs. 6.27 was observed in 2020.
5. Direct tax paid (net of refund):
Direct taxes paid (net of refund) amounted to Rs. 70.91 in 2021 and Rs. 433.98 in 2020.
6. Net cash used in operating activities:
The net cash used in operating activities was -Rs. 1,802.25 in 2021, and -Rs. 35,217.53 in 2020.
B. CASH FLOW FROM INVESTING ACTIVITIES:
1. Interest income:
Interest income increased from Rs. 1.86 in 2020 to Rs. 19.45 in 2021.
2. Proceeds from sale of Property, Plant and Equipment (Net):
Net proceeds from the sale of assets were Rs. 4,626.29 in 2021, compared to Rs. 44,577.08 in 2020.
3. Direct taxes paid there on:
Taxes paid on investing activities were -Rs. 375.04 in 2021 and -Rs. 8,645.91 in 2020.
4. Net cash generated from investing activities:
The net cash generated from investing activities was Rs. 4,270.71 in 2021 and Rs. 35,933.03 in 2020.
Net increase in cash and cash equivalents (A+B):
1. Net increase in cash and cash equivalents (A+B):
A net increase of Rs. 2,468.46 in 2021 and Rs. 715.5 in 2020.
2. Cash and cash equivalents at the commencement of the year:
Starting with Rs. 30.09 in 2021 and Rs. 3,233.91 in 2020.
3. Less: Cash and cash equivalents transferred pursuant to the Composite scheme of amalgamation and arrangement (Refer Note 37):
Rs. 2,498.55 was transferred in 2021, and -Rs. 3,919.32 in 2020.
4. Cash and cash equivalents at the end of the year:
The year concluded with no reported cash and cash equivalents in 2021 and Rs. 30.09 in 2020.
This detailed analysis provides insights into the company 's financial performance, highlighting changes in operating activities, investments, and the overall cash position over the two year
|
PARTICULARS |
2020 |
|
EBITDA |
-96.75 % |
|
Net worth |
464.06 % |
|
Debt/Equity Ratio |
0.02 |
|
Return on Equity |
85.91% |
|
Total Assets |
451.84 % |
|
Fixed Assets |
-98.37 % |
|
Current Assets |
981.43 % |
|
Current Liabilities |
220.23 % |
|
Trade Payables |
-50.47 % |
|
Current Ratio |
0.95 |
Certainly, let 's break down the financial particulars for the year 2020 point by point:
1. EBITDA (Earnings before Interest, Taxes, Depreciation, and Amortization):
- The EBITDA for the year 2020 is reported as -96.75%. A negative EBITDA implies that the operating expenses and non-operating costs, including interest and taxes, exceeded the company 's earnings. This might indicate financial challenges or losses in the operational aspects of the business during that period.
2. Net worth:
The net worth of the company in 2020 is stated as 464.06%. Net worth is a measure of the company 's total assets minus its total liabilities. A high net worth percentage is generally considered positive, suggesting that the company has a strong financial position and its assets significantly outweigh its liabilities.
3. Debt/Equity Ratio:
The debt/equity ratio, standing at 0.02 in 2020, is an indicator of the company 's financial leverage. A low debt/equity ratio suggests that the company relies less on debt financing and is financing its operations more through equity. This is generally considered favorable as it indicates lower financial risk.
4. Return on Equity (ROE):
The Return on Equity for 2020 is reported as 85.91%. ROE measures the company 's ability to generate profit from its shareholders ' equity. An ROE of 85.91% indicates a strong return on the shareholders ' investments, reflecting efficient use of equity to generate profits.
5. Total Assets:
Total assets are reported at 451.84%. This percentage represents the size of the company 's total assets in relation to its net worth. A high total assets ratio may suggest that the company is efficiently utilizing its assets to generate income.
6. Fixed Assets:
Fixed assets are noted at -98.37%, indicating a significant decrease in fixed assets during 2020. This could be due to the sale or write-off of assets, potentially as part of a strategic shift or financial restructuring.
7. Current Assets:
Current assets are reported at 981.43%. This suggests a substantial increase in short-term assets, such as cash, receivables, and inventory, during the year. It may indicate a focus on liquidity or efficient management of working capital.
8. Current Liabilities:
Current liabilities stand at 220.23%, indicating a significant increase in short-term obligations. This could be a result of increased payables, indicating extended payment terms with suppliers or other short-term financial obligations.
9. Trade Payables:
Trade payables are reported at -50.47%, suggesting a decrease in the amount the company owes to its suppliers. This could be due to improved payment terms or better cash management.
10. Current Ratio:
The current ratio is reported at 0.95, indicating that the company 's current assets are slightly less than its current liabilities. While a ratio below 1 may raise liquidity concerns, the interpretation depends on the industry norms and the company 's specific circumstances.
