| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Kurlon Enterprise Limited |
|
Particulars |
31-03-2023 |
31-03-2022 |
|
ASSETS |
|
|
|
Non-current assets |
|
|
|
Property, plant and equipment |
18,905.74 |
21,106.61 |
|
Capital work-in-progress |
98.26 |
415.16 |
|
Goodwill |
2,103.16 |
2,103.16 |
|
Other intangible assets |
132.34 |
274.26 |
|
Right of use assets |
6,063.82 |
3,489.62 |
|
Loans |
2.28 |
321.92 |
|
Other financial assets |
2,965.91 |
1,249.19 |
|
Income tax assets (net) |
2,382.39 |
1,702.48 |
|
Other non-current assets |
1,510.85 |
2,149.04 |
|
Current assets |
|
|
|
Inventories |
8,049.43 |
12,014.03 |
|
Investments |
1,602.30 |
10,710.91 |
|
Trade receivables |
5,529.89 |
5,606.76 |
|
Cash and cash equivalents |
345.97 |
512.98 |
|
Other bank balances |
152.69 |
4,250.71 |
|
Loans |
10 |
56.74 |
|
Other financial assets |
15,590.09 |
164.9 |
|
Other current assets |
10,270.80 |
6,162.05 |
|
Total Assets |
75,715.92 |
72290.52 |
|
EQUITY AND LIABILITIES |
|
|
|
Equity |
|
|
|
Equity share capital |
1,827.62 |
1,827.62 |
|
Other equity |
45,176.24 |
44,308.26 |
|
Non-controlling interest |
-15.69 |
2.54 |
|
Non-current liabilities |
|
|
|
Borrowings |
59.32 |
62.87 |
|
Lease liabilities |
3,911.16 |
1,853.20 |
|
Other financial liabilities |
5,835.60 |
5,361.77 |
|
Provisions |
446.45 |
521.89 |
|
Deferred tax liabilities (net) |
600.83 |
1,634.45 |
|
Current liabilities |
|
|
|
Borrowings |
1,668.13 |
693.58 |
|
Lease liabilities |
1,346.50 |
831.68 |
|
Trade payables |
|
|
|
Total outstanding dues of micro enterprises and small enterprises |
313.09 |
355.45 |
|
Total outstanding dues of creditors other than micro enterprises and small enterprises |
11,025.04 |
11636.29 |
|
Other financial liabilities |
1,088.41 |
1,202.86 |
|
Provisions |
706.35 |
602.7 |
|
Other current liabilities |
1,042.77 |
1,395.36 |
|
Liabilities for current tax (net) |
684.10 |
- |
|
Total Equity and Liabilities |
75,715.92 |
72290.52 |
|
Particulars |
31-03-2023 |
31-03-2022 |
|
Revenue from operations |
85,889.51 |
79,515.38 |
|
Other income |
842.55 |
1,364.81 |
|
Total Income |
86,732.06 |
80880.19 |
|
Cost of raw material consumed |
37,930.92 |
36,361.81 |
|
Purchase of traded goods |
9,181.32 |
8,856.30 |
|
Changes in inventories of finished goods, work-in-progress and traded goods |
1,627.12 |
442.82 |
|
Employee benefit expense |
7,002.44 |
7,362.27 |
|
Finance costs |
729.03 |
572.96 |
|
Depreciation and amortisation expense |
3,590.98 |
3,604.62 |
|
Other expenses |
25,878.54 |
24,564.27 |
|
Total expenses |
85,940.35 |
81765.05 |
|
Profit/(Loss) before tax |
791.71 |
-884.86 |
|
Current tax |
824.35 |
575.12 |
|
Tax relating to earlier years |
-45.45 |
-154.2 |
|
Deferred tax (credit)/charge |
-1,033.85 |
-747.41 |
|
Profit/(Loss) for the year |
1,046.66 |
-558.37 |
|
Profit/(Loss) for the year attributable to: |
|
|
|
Owners of the Company |
1,064.89 |
-559.81 |
|
Non-controlling interest |
-18.23 |
1.44 |
|
Other comprehensive income/(loss), net of tax |
|
|
|
Re-measurement gains/(losses) on defined benefit plan |
-27.77 |
-145.01 |
|
Income tax effect |
10.35 |
37.68 |
|
Total other comprehensive income/(loss) for the year |
-17.42 |
-107.33 |
|
Total comprehensive income/(loss) for the year |
1,029.24 |
-665.70 |
|
Total comprehensive income/(loss) for the year attributable to: |
- |
- |
|
Owners of the Company |
1047.5 |
-667.14 |
|
Non-controlling interest |
-18.23 |
1.44 |
|
Earning per share |
|
|
|
Basic and Diluted |
2.86 |
-1.53 |
|
Particulars |
31-03-2023 |
31-03-2022 |
|
Cash flows from Operating Activities |
|
|
|
Profit/(loss) before tax |
791.72 |
-884.86 |
|
Adjustments: |
|
|
|
Depreciation and amortisation |
3590.98 |
3604.62 |
|
Loss on sale of property plant and equipments |
304.19 |
339.09 |
|
Advances to supplier written off |
1.42 |
- |
|
Bad debts written off |
25.44 |
0.09 |
|
Deposits written off |
- |
31.46 |
|
Gain on modification / termination of lease |
-72.93 |
-363.83 |
|
Provision for bad and doubtful debts |
73.78 |
594.68 |
|
Provision for doubtful advances |
276.68 |
45.31 |
|
Provision for Warranty |
363.07 |
328.80 |
|
Fair value loss/ (gain) on mutual fund at fair value |
511.28 |
-125.48 |
|
Gain on sale of investments in mutual funds |
-491.04 |
-355.41 |
|
Liabilities no longer required written back |
-59.50 |
-40.48 |
|
Interest expenses |
527.01 |
438.73 |
|
Interest income |
-149.59 |
-297.27 |
|
Operating profit before working capital changes |
5,692.51 |
3314.75 |
|
Increase/(decrease) in Trade payables |
-657.35 |
3206.47 |
|
Increase/(decrease) in other financial liabilities |
506.04 |
294.29 |
|
Increase/(decrease) in other liabilities |
-293.09 |
539.36 |
|
Increase/(decrease) in provisions |
-362.63 |
-174.55 |
|
Decrease/(Increase) in Inventories |
3964.60 |
-334.28 |
|
Decrease/(Increase) in Trade receivables |
23.14 |
-716.99 |
|
Decrease/(Increase) in Loans |
366.38 |
16.33 |
|
Decrease/(Increase) in other financial assets |
-17776.30 |
28.81 |
|
Decrease/(Increase) in other assets |
-4386.85 |
128.59 |
|
Cash generated from (used in) operations |
-12,923.53 |
6302.78 |
|
Direct taxes (paid)/Refund |
-774.71 |
-1479.52 |
|
Net cash generated by operating activities |
-13,698.24 |
4823.26 |
|
Cash flows from investing activities |
|
|
|
Purchase of PPE and Capital WIP |
-611.22 |
-2302.01 |
|
Investments in bank deposits |
- |
-3785.50 |
|
Redemption of bank deposits |
4078.38 |
3563.05 |
|
Purchase of Investments |
-7806.00 |
-8999.58 |
|
Sale of Investments |
16892.00 |
9901.28 |
|
Proceeds from sale of Property, plant and equipment |
1319.18 |
86.82 |
|
Movement in earmarked balances, net |
7.37 |
-1.76 |
|
Interest received |
190.09 |
270.95 |
|
Net cash generated by investing activities |
14069.80 |
-1266.75 |
|
Cash flows from financing activities |
|
|
|
Proceeds/(repayment) from short term borrowings (net) |
971.01 |
-485.38 |
|
Repayment of principal portion of lease liabilities |
-790.87 |
-881.65 |
|
Interest Paid |
-529.65 |
-418.96 |
|
Dividend Paid |
-183.08 |
-1827.61 |
|
Net cash generated from financing activities |
-532.59 |
-3613.6 |
|
Net increase/(decrease) in cash and cash equivalents during the year |
-161.03 |
-57.09 |
|
Cash and cash equivalents at the beginning of the year |
507.00 |
564.09 |
|
Cash and cash equivalents at the end of the year |
345.97 |
507.00 |
Operating Activities:
Operating activities reflect the cash flows generated or used by the company 's core business operations. In this case, the company experienced a significant decrease in net cash generated by operating activities from -13,698.24 in 31-03-2023 to 4,823.26 in 31-03-2022.
The operating profit before working capital changes increased substantially from 5,692.51 in 31-03-2023 to 3,314.75 in 31-03-2022. This indicates an improvement in the company 's operational performance.
However, the company experienced negative impacts from changes in working capital, particularly significant decreases in inventories and other financial assets in 31-03-2023 compared to 31-03-2022.
Additionally, the company paid less in direct taxes in 31-03-2023 compared to the previous year, resulting in an increase in net cash generated from operating activities.
Investing Activities:
Investing activities involve the acquisition and disposal of long-term assets and other investments. The company experienced a significant increase in net cash generated by investing activities from 14,069.80 in 31-03-2023 to -1,266.75 in 31-03-2022.
This increase can be attributed to the substantial increase in proceeds from the sale of investments in 31-03-2023 compared to 31-03-2022, offset by higher purchases of investments in 31-03-2022.
Notably, the company also increased its investments in bank deposits in 31-03-2023, whereas it redeemed bank deposits in 31-03-2022.
Financing Activities:
Financing activities involve transactions with creditors and investors, including borrowing, repayment, and dividend payments. The company experienced a decrease in net cash generated from financing activities from -532.59 in 31-03-2023 to -3,613.60 in 31-03-2022.
This decrease can primarily be attributed to higher repayment of short-term borrowings and lease liabilities in 31-03-2022 compared to 31-03-2023.
Additionally, dividend payments decreased in 31-03-2023 compared to 31-03-2022.
Change in Cash and Cash Equivalents:
The net decrease in cash and cash equivalents during the year was -161.03 in 31-03-2023, compared to -57.09 in 31-03-2022.
Despite generating more cash from operating activities in 31-03-2022, increased investments and financing activities led to a higher decrease in cash and cash equivalents compared to 31-03-2023.
Consequently, the company 's cash and cash equivalents at the end of 31-03-2023 were 345.97, lower than the 507.00 recorded at the end of 31-03-2022.
|
Particulars |
2023 |
2022 |
|
Current ratio |
2.46 |
2.54 |
|
Debt equity ratio |
0.03 |
0.01 |
|
Debt service coverage ratio |
-8.38 |
3.35 |
|
Return on equity ratio |
-0.03 |
0.01 |
|
Inventory turnover ratio |
4.97 |
4.01 |
|
Trade receivable turnover ratio |
14.90 |
14.14 |
|
Trade payable turnover ratio |
6.11 |
6.95 |
|
Net capital turnover ratio |
3.42 |
3.32 |
|
Net profit ratio |
-0.02 |
0.00 |
|
Return on capital employed |
-0.03 |
0.01 |
|
Return on investment |
0.06 |
0.04 |
Current Ratio:
It decreased from 2.54 in 2022 to 2.46 in 2023, indicating a slight reduction in the company 's short-term liquidity. However, the ratio still suggests that the company has more than enough current assets to cover its current liabilities.
Debt Equity Ratio:
The debt equity ratio increased from 0.01 in 2022 to 0.03 in 2023, indicating a higher level of debt relative to equity. This could suggest increased leverage or borrowing by the company.
Debt Service Coverage Ratio:
The ratio significantly deteriorated from 3.35 in 2022 to -8.38 in 2023. A negative ratio indicates that the company 's cash flow from operations is insufficient to cover its debt service obligations. This is a concerning trend and may indicate financial distress.
Return on Equity (ROE) Ratio:
The ROE ratio declined from 0.01 in 2022 to -0.03 in 2023, indicating a negative return on shareholders ' equity. This implies that the company 's profitability relative to shareholders ' equity worsened during the period.
Inventory Turnover Ratio:
The inventory turnover ratio increased from 4.01 in 2022 to 4.97 in 2023, indicating that the company is selling its inventory at a faster rate. This could suggest improved efficiency in inventory management.
Trade Receivable Turnover Ratio:
The trade receivable turnover ratio increased slightly from 14.14 in 2022 to 14.90 in 2023, indicating that the company is collecting its receivables slightly more efficiently.
Trade Payable Turnover Ratio:
The trade payable turnover ratio decreased from 6.95 in 2022 to 6.11 in 2023, suggesting that the company is taking longer to pay its suppliers. This could indicate potential cash flow challenges or changes in payment terms.
Net Capital Turnover Ratio:
The net capital turnover ratio increased from 3.32 in 2022 to 3.42 in 2023, indicating that the company generated more sales per unit of capital invested.
Net Profit Ratio:
The net profit ratio worsened from 0.00 in 2022 to -0.02 in 2023, indicating that the company 's profitability decreased, and it incurred a net loss during the period.
Return on Capital Employed (ROCE) and Return on Investment (ROI):
Both ROCE and ROI declined from positive figures in 2022 to negative figures in 2023, indicating decreased returns relative to the capital employed and investment made in the company.
|
Particulars |
2023 |
2022 |
|
Dividend (In Lakhs) |
183.21 |
1827.61 |
|
Retained Earnings (In Rs. Lakhs) |
28713.69 |
27849.43 |
