Jotindra Steel & Tubes Annual Reports

Jotindra Steel And Tubes Limited (Jotindra Steel) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
Primex-40
Jotindra Steel And Tubes Limited

Particulars	31st March 2022	31st March 2021
SOURCES OF FUNDS:
Share Capital	4.87	4.87
Reserves Total	30.09	42.67
Total Shareholders Funds	34.96	47.54
Secured Loans	2.02	2.26
Unsecured Loans	19.91	45.77
Total Debt	21.93	48.03
Other Liabilities	0.15	0.14
Total Liabilities	57.04	95.71
APPLICATION OF FUNDS :
Gross Block	28.85	28.92
Less : Accumulated Depreciation	10.71	9.19
Net Block	18.14	19.73
Investments	19.6	15.36
Current Assets, Loans & Advances
Inventories	104.89	108.17
Sundry Debtors	16.47	26.32
Cash and Bank	5.14	4.46
Loans and Advances	57.35	144.03
Total Current Assets	183.85	282.98
Current Liabilities	167.21	225.13
Provisions	5.55	5.56
Total Current Liabilities	172.76	230.68
Net Current Assets	11.09	52.3
Deferred Tax Assets	8.59	8.78
Deferred Tax Liability	0.78	0.86
Net Deferred Tax	7.81	7.92
Other Assets	0.41	0.39
Total Assets	57.04	95.7
Contingent Liabilities	0	0.23

Particulars	2022	2021
INCOME :
Sales Turnover	186.53	0
Net Sales	186.53	0
Other Income	65.68	57.28
Total Income	252.21	57.28
EXPENDITURE :
Employee Cost	0.2	0.25
Other Manufacturing Expenses	149.59	0.11
Selling and Administration Expenses	0.08	0.3
Miscellaneous Expenses	111.98	29.91
Total Expenditure	261.85	30.57
Operating Profit	-9.64	26.71
Interest	1.53	3.68
Gross Profit	-11.17	23.03
Depreciation	1.34	1.31
Profit Before Tax	-12.51	21.72
Tax	0	1.65
Deferred Tax	0.11	-4.89
Reported Net Profit	-12.63	24.95
Extraordinary Items	-39.83	18.51
Adjusted Net Profit	27.2	6.44
Adjst. below Net Profit	0.06	0.02
P & L Balance brought forward	18.26	-6.71
P & L Balance carried down	5.69	18.26
Earnings Per Share-Unit Curr	-25.91	51.18
Earnings Per Share(Adj)-Unit Curr	-25.91	51.18
Book Value-Unit Curr	71.73	97.53
Book Value(Adj)-Unit Curr	71.73	97.53

Particulars	31st March 2022	31st March 2021
Cash Flow Summary
Cash and Cash Equivalents at Beginning of the year	0.22	0.09
Net Cash from Operating Activities	31.25	3.87
Net Profit before Tax & Extraordinary Items	27.15	21.71
Depreciation	1.34	1.31
Interest (Net)	-0.08	3.11
P/L on Sales of Invest	0.01	0
Prov. & W/O (Net)	-0.26	-0.36
Others	-39.63	-39.96
Total Adjustments (PBT & Extraordinary Items)	-38.63	-35.9
Op. Profit before Working Capital Changes	-11.48	-14.19
Trade & 0th receivables	9.84	61.28
Inventories	3.81	-34.77
Trade Payables	-22.18	-11.64
Change in Deposits	-0.02	0.37
Others	51.27	2.82
Total (OP before Working Capital Changes)	42.73	18.06
Cash Generated from/(used in) Operations	31.25	3.87
Cash Flow before Extraordinary Items	31.25	3.87
Net Cash Used in Investing Activities	-3.01	37.56
Purchased of Fixed Assets	-0.36	-0.06
Sale of Fixed Assets	0.05	19.11
Purchase of Investments	-4.24	0
Sale of Investments	0	17.59
Interest Received	1.6	0.56
Others	-0.07	0.36
Net Cash Used in Financing Activities	-27.62	-41.31
Of the Long Tem Borrowings	-26.1	-37.64
Interest Paid	-1.52	-3.67
Net Inc/(Dec) in Cash and Cash Equivalent	0.61	0.13
Cash and Cash Equivalents at End of the year	0.83	0.22

Particulars	2022	2021	2020
Dividend per Share	Nil	Nil	Nil

Net Revenue from Operations increased by 340.31
% from Rs. 57.28 Crore in FY 2021 to Rs. 252.21 Crore in FY 2022.
EBITDA declined by 138.52% and reached Rs. -9.65 Crore in FY 2022 from Rs. 25.05 Crore in FY 2021 and EBITDA margins decreased from 9.93% to -3.82% in FY 2022.
The Finance cost of the company increased by 186.09% from Rs. 3.68 Crore to Rs. 1.53 Crore.
Profit after Tax decreased by -150.62% from Rs. 24.95 Crore in FY 2021 to Rs. -12.63 Crore in FY 2022. Profit after Tax (PAT) margins also decline from 43.55% in FY 2021 to -5.007% in FY 2022.
For FY 2022, the company’s EPS was Rs. -25.91.
The current Ratio of the company as of 31st March 2022 is 1.19.
The Debt to Equity Ratio of the company as of 31st March 2022 was 0.85.
The book value of the company as of 31st March 2022 is 7.17.