| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Madhya Bharat Papers Limited |
|
PARTICULARS |
31st March 2023 |
31st March 2022 |
|
Assets |
|
|
|
Non - current assets |
|
|
|
Property, plant and equipment |
55.42 |
56.36 |
|
Financial assets |
|
|
|
Investments |
0.0013 |
0.0013 |
|
Total Non-current assets |
55.42 |
56.36 |
|
Current assets |
|
|
|
Inventories |
3.25 |
3.27 |
|
Financial assets |
|
|
|
Trade receivables |
0.008 |
0.103 |
|
Cash and cash equivalents |
0.066 |
0.068 |
|
Bank balances other than cash |
|
|
|
and cash equivalents |
0.37 |
0.37 |
|
Other financial assets |
3.00 |
2.25 |
|
Other current assets |
1.50 |
1.54 |
|
Total Current assets |
8.19 |
7.59 |
|
Total Assets |
63.60 |
63.95 |
|
EQUITY AND LIABILITIES |
|
|
|
Equity |
|
|
|
Share capital |
3.41 |
3.41 |
|
Other equity |
-28.65 |
-27.71 |
|
Total Equity |
-25.24 |
-24.30 |
|
Liabilities |
|
|
|
Non - current liabilities |
|
|
|
Financial liabilities |
|
|
|
Borrowings |
32.99 |
34.51 |
|
Other financial liabilities |
15.22 |
15.22 |
|
Total Non - current liabilities |
48.20 |
49.73 |
|
Current liabilities |
|
|
|
Financial liabilities |
|
|
|
Trade payables |
|
|
|
Total outstanding dues of micro enterprises and small enterprises |
0.24 |
0.32 |
|
Total outstanding dues of creditors |
18.58 |
18.91 |
|
Other financial liabilities |
3.23 |
3.16 |
|
Other current liabilities |
18.32 |
15.88 |
|
Provisions |
0.27 |
0.27 |
|
Total Current Liabilities |
40.64 |
38.53 |
|
Total Equity and Liabilities |
63.60 |
63.95 |
|
PARTICULARS |
31st March 2023 |
31st March 2022 |
|
Revenue from operations |
- |
- |
|
Other income |
0.63 |
1.37 |
|
Total income |
0.63 |
1.37 |
|
Expenses: |
|
|
|
Cost of materials consumed |
- |
1.19 |
|
Changes in inventories of finished goods and |
|
|
|
work-in-progress |
- |
0.07 |
|
Employee benefits expense |
- |
1.68 |
|
Finance costs |
0.05 |
0.24 |
|
Depreciation and amortization expense |
0.95 |
0.97 |
|
Other expenses |
0.57 |
0.64 |
|
Total expense |
1.57 |
4.78 |
|
Loss before exceptional items and tax |
-0.94 |
-3.41 |
|
Exceptional items |
- |
- |
|
Loss before tax |
-0.94 |
-3.41 |
|
Tax expense |
|
|
|
Current tax |
- |
- |
|
Deferred tax |
- |
- |
|
Loss for the year |
-0.94 |
-3.41 |
|
Total comprehensive income for the year |
-0.94 |
-3.41 |
|
Earnings per equity share (Nominal value per share 10/-) |
|
|
|
Basic |
(2.76) |
-10.01 |
|
Diluted |
(2.76) |
-10.01 |
|
Number of shares used in computing earnings per share |
|
|
|
Basic |
3410000 |
3410000 |
|
Diluted |
3410000 |
3410000 |
|
Ratios |
31st March, 2023 |
31st March, 2022 |
|
Current Ratio |
0.2 |
0.2 |
|
Debt-Equity Ratio |
-1.31 |
-1.42 |
|
Debt Service Coverage Ratio |
1.13 |
-8.55 |
|
Return on Capital Employed (%) |
8.86% |
-12.47% |
|
Return on Equity Ratio (%) |
-3.80% |
-15.10% |
Insight of the financial ratios of Madhya Bharat Papers For March 31, 2023
Current Ratio:
March 31, 2023: 0.2
March 31, 2022: 0.2
The current ratio indicates the company 's short-term liquidity. A current ratio of 0.2 suggests that the company may face challenges in meeting its short-term obligations. It hasn 't changed from the previous year, indicating a consistent liquidity situation.
Debt-Equity Ratio:
March 31, 2023: -1.31
March 31, 2022: -1.42
A negative debt-equity ratio can be unusual and may be a result of negative equity. This may indicate that the company has more equity than debt, but it 's crucial to investigate further. A less negative ratio compared to the previous year is generally positive, suggesting a reduction in financial leverage.
Debt Service Coverage Ratio:
March 31, 2023: 1.13
March 31, 2022: -8.55
The debt service coverage ratio above 1 indicates that the company has the ability to cover its debt obligations. However, a significant improvement from the negative value in the previous year suggests a positive trend in servicing debt.
Return on Capital Employed (ROCE):
March 31, 2023: 8.86%
March 31, 2022: -12.47%
ROCE measures the efficiency of capital utilization. The positive ROCE in 2023 is a good sign, indicating that the company is generating a return on its capital. The significant improvement from a negative value in the previous year is a positive trend.
Return on Equity (ROE):
March 31, 2023: -3.80%
March 31, 2022: -15.10%
ROE reflects the return generated on shareholders ' equity. Although still negative, the improvement in ROE from the previous year suggests better utilization of equity to generate returns.
In summary, Madhya Bharat Papers has shown improvements in various financial ratios, such as debt service coverage, ROCE, and ROE. However, the negative current ratio and debt-equity ratio raise concerns about short-term liquidity and the company 's capital structure. It is advisable to delve deeper into the financial statements and industry benchmarks for a comprehensive analysis.
|
Particulars |
2023 |
2022 |
|
Dividend (In Rs.) |
- |
- |
|
Retained Earnings (In Rs. Millions) |
-39.09 |
-38.15 |
