| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Kirti Investments Limited |
Kirti Investment Limited Balance Sheet (Rs In Lakhs)
|
Particulars |
2023 |
2022 |
|
I ASSETS |
|
|
|
1) Non-Current Assets |
|
|
|
A) Property, Plant and Equipment |
0.2 |
0.2 |
|
B) Investment Properties |
10.99 |
10.99 |
|
C) Financial Assets |
|
|
|
a) Loans & Advances |
|
1,072.50 |
|
Total Non-Current Assets |
11.19 |
1,083.69 |
|
2) Current Assets |
|
|
|
A) Inventories |
575.79 |
432.73 |
|
B) Financial Assets |
|
|
|
a) Investments |
62.04 |
59.17 |
|
b) Trade Receivables |
|
5.47 |
|
c) Cash and cash equivalents |
102.81 |
32.85 |
|
d) Loans & Advances |
100.11 |
50 |
|
C) Current Tax Assets (net) |
2.52 |
2.83 |
|
D) Other Current Assets |
0.11 |
0.1 |
|
Total Current Assets |
843.38 |
583.14 |
|
Total Assets |
854.57 |
1,666.84 |
|
II EQUITY AND LIABILITIES |
|
|
|
1) Equity |
|
|
|
A) Equity Share Capital |
1,100.00 |
1,100.00 |
|
B) Other Equity |
-250.04 |
561.91 |
|
Total Equity |
849.96 |
1,661.91 |
|
2) Liabilities |
|
|
|
A)Current Liabilities |
|
|
|
a) Financial Liabilities |
|
|
|
Trade Payables |
0.25 |
0.48 |
|
b) Provisions |
2.46 |
3.75 |
|
c) Other Current Liabilities |
1.9 |
0.7 |
|
Total Current Liabilities |
4.61 |
4.93 |
|
Total Equity & Liabilities |
854.57 |
1,666.84 |
|
Particulars |
2023 |
2022 |
|
Revenue / Income |
|
|
|
I Revenue from operations |
24 |
16 |
|
II Other Income |
6.03 |
3.75 |
|
III Total Income (I+II) |
30.03 |
19.75 |
|
IV Expenses |
|
|
|
Changes in inventories of Finished Goods, Stock-in-Trade and Work-in-Progress |
-143.06 |
-96.58 |
|
Employee Benefit Expense |
8.67 |
8.16 |
|
Other Expenses |
13.68 |
8.96 |
|
Total Expenses |
-121 |
-79.5 |
|
V Profit/(Loss) before exceptional items and tax (III - IV) |
150.7 |
99.21 |
|
VI Exceptional Items |
962.5 |
|
|
VII Profit/(Loss) before tax (V - VI) |
-812 |
99.21 |
|
VIII Tax expense: |
|
|
|
Current tax |
0.18 |
0.09 |
|
Add : Provision for Tax related to earlier year |
-0.01 |
0.99 |
|
Total Tax Expense |
0.17 |
1.08 |
|
IX Profit/(Loss) for the year from continuing operations (IX-X) |
-812 |
98.13 |
|
X Profit/(Loss) for the year (IX+XII) |
-812 |
98.13 |
|
XI Total Comprehensive Income\(Loss) for the year in Rs. (XIII+XIV) |
-812 |
98.13 |
|
XII Earning per equity share ( After Exceptional Items) |
|
|
|
(1) Basic |
-3.69 |
0.45 |
|
(2) Diluted |
-3.69 |
0.45 |
|
XIII Earning per equity share (Before Exceptional Items) |
|
|
|
(1) Basic |
0.69 |
0.45 |
|
(2) Diluted |
0.69 |
0.45 |
|
Particulars |
2023 |
2022 |
|
A. Cash flow from Operating Activities |
|
|
|
Profit before tax as per Profit & Loss Account |
-811.77 |
99.21 |
|
Dividend Received |
-0.61 |
-0.61 |
|
Interest Income |
-2.55 |
-0.11 |
|
Fair Valuation of Investment |
-2.87 |
-2.23 |
|
Provision for Impairment 962.50 - |
962.5 |
|
|
Operating profit before working capital changes |
144.7 |
96.25 |
|
Adjustment for : |
|
|
|
(Increase) / decrease in Inventories |
-143.06 |
-96.58 |
|
(Increase) / decrease in Sundry Debtors |
5.47 |
4.23 |
|
(Increase) / decrease in Loans & Advances |
59.89 |
5 |
|
(Increase) / decrease in Other Current Assets |
0.3 |
0.78 |
|
Increase / (decrease) in Trade payables |
-0.22 |
0.29 |
|
Increase / (decrease) in Other Liabilities |
-0.11 |
0.18 |
|
Cash generated from operations |
66.97 |
10.15 |
|
Direct taxes (paid/TDS deducted) / Refund received |
-0.17 |
-1.08 |
|
Net Cash flow from Operating Activities |
66.8 |
9.07 |
|
B. Cash flow from Investing Activities |
|
|
|
Dividend Received |
0.61 |
0.61 |
|
Interest Income |
2.55 |
0.11 |
|
Net Cash flow from investing Activities |
3.16 |
0.73 |
|
C. Cash flow from Financing Activities |
|
|
|
Net Increase / (decrease) in cash and cash equivalent |
69.95 |
9.81 |
|
Cash and cash equivalent as at the beginning of the year |
32.85 |
23.04 |
|
Cash and cash equivalent as at the closing of the year |
102.81 |
32.85 |
Certainly, here is a summary of the Cash Flow Statement for the years 2023 and 2022:
A. Cash Flows from Operating Activities:
Net Cash from Operating Activities (2023): Rs 66.80
Net Cash from Operating Activities (2022): Rs 9.07
Explanation:
In 2023, the company generated Rs 66.80 from its core operating activities, indicating a positive cash flow from its day-to-day business operations.
In 2022, there was a net cash flow of Rs 9.07 from operating activities, signifying a positive cash flow from its core operations but with a substantial increase in 2023.
B. Cash Flows from Investing Activities:
Net Cash from Investing Activities (2023): Rs 3.16
Net Cash from Investing Activities (2022): Rs 0.73
Explanation:
In 2023, the company had a net cash inflow of Rs 3.16 from investment activities, which may have included dividend income and interest income.
In 2022, there was a net cash inflow of Rs 0.73 from investment activities, also likely from dividend and interest income.
C. Cash Flows from Financing Activities:
Net Increase in Cash and Cash Equivalents (2023): Rs 69.95
Net Increase in Cash and Cash Equivalents (2022): Rs 9.81
Explanation:
In 2023, there was a substantial net increase in cash and cash equivalents of Rs 69.95, indicating a significant improvement in the company 's cash position.
In 2022, there was a net increase in cash and cash equivalents of Rs 9.81, which was comparatively smaller than the increase in 2023.
Cash and Cash Equivalents:
Cash and Cash Equivalents at the Beginning of 2023: Rs 32.85
Cash and Cash Equivalents at the Beginning of 2022: Rs 23.04
Cash and Cash Equivalents at the End of 2023: Rs 102.81
Cash and Cash Equivalents at the End of 2022: Rs 32.85
This summary provides an overview of the cash flows from operating, investing, and financing activities, as well as the net change in cash and cash equivalents for the years 2023 and 2022. The significant increase in cash and cash equivalents in 2023 suggests improved financial performance and liquidity.
|
Particulars |
2023 |
2022 |
|
Current ratio |
183.13 |
118.2 |
|
Return on equity ratio |
0.6465 |
0.0608 |
|
Trade receivables turnover ratio |
8.78 |
2.11 |
|
Net capital turnover ratio |
0.03 |
0.03 |
|
Net profit ratio |
33.8312 |
6.1328 |
|
Return on capital employed ratio |
0.9551 |
0.0597 |
Here is a summary of the financial and operational metrics for Kirti Investment Limited
1.Current Ratio:
The current ratio measures the company 's ability to meet short-term obligations. In 2023, the current ratio improved significantly to 183.13, indicating a substantial increase in short-term liquidity compared to 2022 (118.2).
2.Return on Equity (ROE) Ratio:
ROE reflects the company 's ability to generate profit from shareholders ' equity. In 2023, the ROE was significantly higher at 0.6465, indicating a substantial improvement in the company 's ability to generate returns on equity compared to 2022 (0.0608).
3.Trade Receivables Turnover Ratio:
The trade receivables turnover ratio measures how efficiently the company manages its receivables. In 2023, the company had a higher turnover ratio of 8.78, suggesting that it collected receivables more efficiently compared to 2022 (2.11).
4.Net Capital Turnover Ratio:
The net capital turnover ratio assesses the efficiency of the company 's capital utilization. In both years, the ratio remained the same at 0.03, indicating consistent capital efficiency.
5.Net Profit Ratio:
The net profit ratio represents the company 's net profit as a percentage of total revenue. In 2023, the company achieved a significantly higher net profit ratio of 33.8312%, indicating improved profitability compared to 2022 (6.1328%).
6.Return on Capital Employed (ROCE) Ratio:
ROCE measures the profitability of the company in relation to the capital employed. In 2023, the ROCE was substantially higher at 0.9551, indicating a significant improvement in profitability compared to 2022 (0.0597).
