Kashipur Holdings Annual Reports, Balance Sheet and Financials

Kashipur Holdings Limited Balance Sheet (In Lakhs)

Kashipur Holdings Limited Profit & Loss Statement (In Lakhs)

Kashipur Holdings Limited Consolidated Cash Flow Statement (In Lakhs)

Certainly, here is a summary of the Cash Flow Statement for the years 2023 and 2022:

Cash Flows from Operating Activities (2023)

In 2023, the company reported a net profit before tax of ₹772.92. After accounting for various adjustments, including depreciation and amortization, interest income, provisions for diminution in the value of investments, finance costs, and other factors, the operating profit before working capital changes was -₹240.99. Further adjustments for changes in loans and advances, trade payables, and provisions resulted in cash generated from operations amounting to ₹1,551.57. The company also received interest income on inter-corporate loans, paid finance costs, received dividends, and paid direct taxes, resulting in a net cash generated from operating activities of ₹1,635.15.

Cash Flows from Operating Activities (2022)

In 2022, the company reported a net profit before tax of ₹1,356.58. After adjustments for factors such as depreciation and amortization, interest income, finance costs, and more, the operating profit before working capital changes was ₹16.27. Adjustments for changes in loans and advances, trade payables, and other factors led to cash used in operations of -₹2,915.10. The company received interest income on inter-corporate loans, paid finance costs, received dividends, and paid direct taxes, resulting in a net cash used in operating activities of -₹1,964.52.

Cash Flow from Investing Activities (2023)

In 2023, the company 's investing activities included payments for property, plant and equipment, proceeds from the sale of property, plant and equipment, net proceeds from the purchase and sale of current and non-current investments, and changes in other bank balances. This resulted in a net cash generated from investing activities of -₹657.23.

Cash Flow from Investing Activities (2022)

In 2022, the company 's investing activities involved payments for property, plant and equipment and net proceeds from the purchase and sale of current and non-current investments. This led to a net cash generated from investing activities of ₹258.90.

Cash Flow from Financing Activities (2023)

In 2023, the company 's financing activities included the redemption of non-cumulative redeemable preference shares, changes in loan against securities from banks, net proceeds/repayments of short-term unsecured borrowings, dividend payments on non-cumulative CCPS, and proceeds from a fresh issue of equity shares under a rights issue. This resulted in a net cash used in financing activities of -₹1,391.63.

Cash Flow from Financing Activities (2022)

In 2022, the company 's financing activities included the proceeds from a fresh issue of equity shares under a rights issue. This resulted in a net cash generated from financing activities of ₹2,148.20.

Net Change in Cash and Cash Equivalents

The net increase/(decrease) in cash and cash equivalents for 2023 was -₹413.71, starting the year with ₹494.69 and ending with ₹80.98 in cash and cash equivalents.

For 2022, the net increase/(decrease) in cash and cash equivalents was ₹442.58, starting the year with ₹52.10 and ending with ₹494.69 in cash and cash equivalents.

Below are the Financial Ratios

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

1.Current Ratio (2022-23)

 The current ratio for Kashipur Holdings Limited in 2022-23 was 2.93. This indicates that the company had 2.93 times more current assets than current liabilities, reflecting a healthy short-term liquidity position. It suggests that the company was well-equipped to meet its short-term obligations.

2. Current Ratio (2021-22)

 In the previous year, 2021-22, the company had a higher current ratio of 3.32. This suggests even stronger short-term liquidity, with 3.32 times more current assets than current liabilities.

3. Debt Equity Ratio (2022-23)

 The debt equity ratio for 2022-23 was 17.06%. This ratio represents the proportion of debt in the company 's capital structure. A lower debt equity ratio is generally considered favorable, indicating that the company relies more on equity for financing. In this case, the company had relatively low debt compared to its equity.

4. Debt Equity Ratio (2021-22)

In the previous year, 2021-22, the company had a debt equity ratio of 7.18%. This suggests a slightly lower level of debt in the capital structure compared to 2022-23, which may indicate reduced leverage.

5. Return on Equity (ROE) (2022-23)

 The return on equity for 2022-23 was 7.47%. ROE measures the company 's ability to generate profit relative to shareholders ' equity. A higher ROE is generally seen as a positive sign, indicating efficient use of equity.

6. Return on Equity (ROE) (2021-22)

 In the previous year, 2021-22, the company had an ROE of 5.65%. While slightly lower than the following year, this still indicates a decent return on shareholders ' equity.

7. Return on Capital Employed (ROCE) (2022-23)

 The return on capital employed for 2022-23 was 10.70%. ROCE measures the profitability of the company 's capital investments. A higher ROCE suggests more efficient use of capital.

8. Return on Capital Employed (ROCE) (2021-22)

In the previous year, 2021-22, the company had an ROCE of 9.20%. This suggests a slightly lower but still respectable return on capital employed.