| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Manjushree Plantations Limited |
|
Particulars |
31-03-2023 |
31-03-2022 |
|
EQUITY AND LIABILITIES |
||
|
Shareholders ' funds |
||
|
Share capital |
4,442.00 |
4,442.00 |
|
Reserves and surplus |
-6,184.00 |
-5,765.00 |
|
Non-current liabilities |
||
|
Deferred Tax Liability |
278.00 |
47.00 |
|
Other Long-term liabilities |
705.00 |
705.00 |
|
Long-term provisions |
308.00 |
445.00 |
|
Current liabilities |
1,290.00 |
|
|
Trade payables (other than micro enterprises and small enterprises) |
3,787.00 |
3,445.00 |
|
Other current liabilities |
1,626.00 |
2,212.00 |
|
Short-term provisions |
475.00 |
430.00 |
|
Total Equity and Liabilities |
5,435.00 |
5,962.00 |
|
ASSETS |
||
|
Non-current assets |
||
|
Property, Plant & Equipment |
3,246.00 |
3,300.00 |
|
Capital work-in-progress |
36.00 |
26.00 |
|
Other non-current assets |
298.00 |
280.00 |
|
Current assets |
||
|
Inventories |
498.00 |
494.00 |
|
Trade receivables |
441.00 |
853.00 |
|
Cash and cash equivalents |
270.00 |
254.00 |
|
Short-term loans and advances |
640.00 |
751.00 |
|
Other current assets |
5.00 |
3.00 |
|
Total Assets |
5,435.00 |
5,962.00 |
|
Particulars |
31-03-2023 |
31-03-2022 |
|
Revenue from operations |
2,408 |
2,581 |
|
Other income |
666 |
571 |
|
Total Revenue |
3,075 |
3,152 |
|
Cost of materials consumed |
164 |
169 |
|
Purchases of Stock-In-Trade |
279 |
354 |
|
Changes in inventories of finished goods, work- in-progress and Stock-in-Trade |
-18 |
-105 |
|
Employee benefits expense |
1,751 |
1,668 |
|
Depreciation and amortisation expense |
120 |
112 |
|
Other expenses |
968 |
1,052 |
|
Total expenses |
3,264 |
3,249 |
|
Profit / (Loss) before tax |
-189 |
-97 |
|
Current tax |
- |
-31 |
|
Deferred tax |
-230 |
27 |
|
Profit / (Loss) for the period |
-419 |
-101 |
|
Earnings per equity share |
|
|
|
Basic |
-0.42 |
-0.30 |
|
Diluted |
-0.42 |
-0.23 |
|
Particulars |
31-03-2023 |
31-03-2022 |
|
CASHFLOW FROM OPERATING ACTIVITIES |
|
|
|
Net Profit/(Loss) before tax |
-189 |
-97 |
|
Adjustment for |
|
|
|
Depreciation |
120 |
112 |
|
Interest Received |
-24 |
-17 |
|
Operating Profit before Working Capital Changes |
-93 |
-2 |
|
Increase/(Decrease) in Trade Payables |
341 |
531 |
|
Increase/(Decrease) in Other Current Liabilities |
-587 |
-157 |
|
Increase/(Decrease) in Long- Term Provisions |
-137 |
-27 |
|
Decrease/(Increase) in Other Non-Current Assets |
-18 |
-9 |
|
Decrease/(Increase) in Trade Receivables |
412 |
-229 |
|
Decrease/(Increase) in Inventories |
-4 |
-91 |
|
Increase/(Decrease) in Short - Term Provisions |
107 |
17 |
|
Decrease/(Increase) in Short-Term Loans and Advances |
9 |
15 |
|
Cash generated from Operations/ (used in) Operations |
31 |
50 |
|
Direct Taxes Refund/(Paid) (Net) |
39 |
-46 |
|
Net Cash from Operating Activities |
70 |
4 |
|
CASHFLOW FROM INVESTING ACTIVITIES |
|
|
|
Purchase of Fixed Assets |
-88 |
-20 |
|
Sale of Fixed Assets |
11 |
0 |
|
Interest Received |
23 |
19 |
|
(Investment in) /Proceeds from Fixed Deposit |
-23 |
-9 |
|
Net Cash from Investing Activities |
-77 |
-10 |
|
Net Increase/ (Decrease) in Cash and Cash Equivalents |
-7 |
-6 |
|
Cash and Cash Equivalents at the beginning of the period |
49 |
56 |
|
Cash and Cash Equivalents at the end of the period |
42 |
50 |
Here is a summary of the Cash Flow Statement for the years 2023 and 2022:
Net Profit/(Loss) before tax:
The company incurred a net loss before tax of Rs. 189 lakhs in 2023, compared to a loss of Rs. 97 lakhs in 2022. This indicates a worsening financial performance.
Adjustments:
Depreciation: Depreciation expenses increased from Rs. 112 lakhs in 2022 to Rs. 120 lakhs in 2023, suggesting higher asset usage or investment.
Interest Received: Interest received decreased from Rs. 17 lakhs in 2022 to Rs. 24 lakhs in 2023.
Operating Profit before Working Capital Changes:
The operating profit before considering changes in working capital was negative Rs. 93 lakhs in 2023 and negative Rs. 2 lakhs in 2022, indicating operational challenges.
Working Capital Changes:
Trade Payables: There was a significant decrease in trade payables in 2023 compared to 2022, indicating more prompt payments to suppliers.
Other Current Liabilities: Other current liabilities decreased substantially in 2023, suggesting a reduction in short-term obligations.
Long-Term Provisions: Long-term provisions increased significantly in 2023, possibly due to higher expected future expenses.
Other Non-Current Assets, Trade Receivables, and Inventories: Changes in these accounts indicate fluctuations in non-cash working capital components.
Cash generated from Operations:
Despite operational challenges, the company managed to generate Rs. 31 lakhs in cash from operations in 2023, compared to Rs. 50 lakhs in 2022.
Direct Taxes Refund/(Paid) (Net):
The company received a net tax refund of Rs. 39 lakhs in 2023, while it paid Rs. 46 lakhs in 2022.
Net Cash from Operating Activities:
The net cash from operating activities improved significantly from Rs. 4 lakhs in 2022 to Rs. 70 lakhs in 2023, primarily due to better tax refunds and working capital management.
Cash Flow from Investing Activities:
The company invested more in fixed assets in 2023 (-Rs. 88 lakhs) compared to 2022 (-Rs. 20 lakhs).
It also made investments in fixed deposits, resulting in a higher outflow in 2023 compared to 2022.
The net cash flow from investing activities worsened from -Rs. 10 lakhs in 2022 to -Rs. 77 lakhs in 2023.
Net Increase/ (Decrease) in Cash and Cash Equivalents:
The net decrease in cash and cash equivalents was -Rs. 7 lakhs in 2023, slightly worse than the -Rs. 6 lakhs in 2022.
Cash and Cash Equivalents at the beginning and end of the period:
The cash position decreased from Rs. 56 lakhs at the beginning of 2023 to Rs. 42 lakhs at the end, indicating a decline in liquidity. Similarly, it decreased from Rs. 56 lakhs to Rs. 50 lakhs from 2022 to 2023.
|
Particulars |
2023 |
2022 |
|
Current Ratio |
0.32 |
0.39 |
|
Return on Equity Ratio |
-0.27 |
0.08 |
|
Inventory Turnover Ratio |
3.04 |
3.34 |
|
Trade Receivable Turnover Ratio |
3.72 |
3.50 |
|
Trade Payables Turnover Ratio |
0.08 |
0.11 |
|
Net Capital Turnover Ratio |
-0.62 |
-0.70 |
|
Net Profit Ratio |
-0.17 |
-0.04 |
|
Return on Capital Employed |
-0.13 |
-0.08 |
Here is a summary of the financial and operational metrics for Manjushree Plantations Limited for the years 2023 and 2022:
Current Ratio: Decreased from 0.39 in 2022 to 0.32 in 2023, indicating a decline in the company 's short-term liquidity and ability to cover its short-term liabilities with its short-term assets.
Return on Equity (ROE) Ratio: Decreased significantly from 0.08 in 2022 to -0.27 in 2023. This indicates a negative return on equity, suggesting that the company 's profitability in relation to shareholders ' equity has worsened.
Inventory Turnover Ratio: Declined from 3.34 in 2022 to 3.04 in 2023, indicating that the company 's inventory turnover has slowed down slightly.
Trade Receivable Turnover Ratio: Increased slightly from 3.50 in 2022 to 3.72 in 2023, indicating that the company is collecting its receivables slightly faster than in the previous year.
Trade Payables Turnover Ratio: Decreased from 0.11 in 2022 to 0.08 in 2023, indicating that the company is taking longer to pay its suppliers compared to the previous year.
Net Capital Turnover Ratio: Decreased from -0.70 in 2022 to -0.62 in 2023. A negative ratio suggests inefficiency in the utilization of capital.
Net Profit Ratio: Decreased from -0.04 in 2022 to -0.17 in 2023, indicating a decline in the company 's profitability.
Return on Capital Employed (ROCE): Decreased from -0.08 in 2022 to -0.13 in 2023, indicating a decline in the company 's ability to generate profits from its capital employed.
