| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Market Simplified India Limited |
|
Particulars |
As at 31 March 2023 |
As at 31 March 2022 |
|
ASSETS |
|
|
|
Non-current assets |
|
|
|
Non-Current Assets |
|
|
|
─ Property, Plant, and Equipment |
2.61 |
1.97 |
|
─ Intangible assets |
0.00 |
0.22 |
|
─ Capital work-in-progress |
7.27 |
4.81 |
|
─ Other Non-current assets |
2.23 |
2.18 |
|
Total non-current assets |
12.10 |
9.19 |
|
Current assets |
|
|
|
─ Trade receivables |
2.78 |
4.49 |
|
─ Cash and Cash equivalents |
20.97 |
5.85 |
|
─ Short-term loans and advances |
11.86 |
11.07 |
|
─ Other current assets |
2.62 |
2.02 |
|
Total current assets |
38.23 |
23.43 |
|
TOTAL ASSETS |
50.33 |
32.62 |
|
EQUITY AND LIABILITIES |
|
|
|
Shareholders ' Funds |
|
|
|
─ Equity Share Capital |
21.39 |
16.58 |
|
─ Other Equity |
23.48 |
11.36 |
|
Total equity |
44.87 |
27.94 |
|
Non-current liabilities |
|
|
|
─ Long-term provisions |
2.81 |
1.96 |
|
Total non-current liabilities |
2.81 |
1.96 |
|
Current Liabilities |
|
|
|
─ Short-term borrowings |
0.19 |
0.42 |
|
─ Trade payables |
0.85 |
0.95 |
|
─ Other current liabilities |
1.28 |
1.12 |
|
─ Short-term provisions |
0.34 |
0.24 |
|
Total current liabilities |
2.65 |
2.73 |
|
TOTAL EQUITY AND LIABILITIES |
50.33 |
32.62 |
|
PARTICULARS |
2023 |
2022 |
|
|
|
|
|
Income from operations |
48.3199 |
43.0613 |
|
Other income |
0.2406 |
0.7518 |
|
Total Income |
48.5605 |
43.8131 |
|
Expenses |
|
|
|
Employee benefits expense |
34.3461 |
26.6575 |
|
Finance costs |
0.0586 |
0.2872 |
|
Depreciation and amortization expense |
1.3808 |
2.7162 |
|
Other expenses |
11.3131 |
10.3210 |
|
Total Expenses |
47.0986 |
39.9819 |
|
Profit before tax |
1.4619 |
3.8312 |
|
Tax Expense |
|
|
|
Current tax |
0.3674 |
0.9951 |
|
MAT credit entitlement |
-0.4982 |
-0.4483 |
|
Deferred tax |
- |
- |
|
Profit after tax for the year |
1.5927 |
3.2844 |
|
Earnings per Share (EPS) |
|
|
|
[Nominal value of share Rs. 10/- per share] |
|
|
|
Basic |
0.83 |
2.00 |
|
Diluted |
0.83 |
2.00 |
|
Particulars |
31st March 2023 |
31 March 2022 |
|
A. Cash flows from operating activities |
|
|
|
Profit before tax |
1.46 |
3.83 |
|
Adjustments |
|
|
|
Depreciation/amortization |
1.38 |
2.72 |
|
(Profit)/Loss on sale of fixed assets |
-0.00 |
- |
|
Interest expenses |
0.06 |
0.29 |
|
Interest income |
-0.24 |
-0.13 |
|
Operating cash flows before working capital changes |
2.66 |
6.71 |
|
(Increase)/Decrease in trade receivables |
1.11 |
-1.60 |
|
(Increase)/Decrease in loans and advances |
-0.88 |
-2.61 |
|
Increase/(Decrease) in current liabilities |
0.05 |
-2.87 |
|
Increase/(Decrease) in provisions |
0.96 |
0.37 |
|
Cash generated from operating activities |
3.89 |
-0.00 |
|
Income taxes refunded/(paid) |
0.13 |
-0.55 |
|
Net cash generated from/(used by) operating activities (A) |
4.02 |
-0.55 |
|
Cash Flows from Investing Activities: |
|
|
|
Purchase of fixed assets |
-1.80 |
-1.81 |
|
Capital Work in progress |
-2.45 |
-1.01 |
|
Proceeds from sale of fixed assets |
0.00 |
- |
|
Interest received |
0.24 |
0.13 |
|
Net cash generated from investing activities (B) |
-4.01 |
-2.68 |
|
Cash Flows from Financing Activities: |
|
|
|
Availment/(Repayment) of working capital facilities |
-0.02 |
-1.38 |
|
Availment/(Repayment) of borrowings |
-0.22 |
0.34 |
|
Proceeds from issue of shares |
15.39 |
5.00 |
|
Interest paid |
-0.06 |
-0.29 |
|
Net cash provided from/(used by) financing activities (C) |
15.10 |
3.67 |
|
Net (Decrease)/Increase in Cash and Cash Equivalents (A+B+C) |
15.11 |
0.44 |
|
Cash and cash equivalents at the beginning of the year |
5.85 |
5.41 |
|
Cash and cash equivalents at the end of the year |
20.97 |
5.85 |
|
Particulars |
31-Mar-23 |
31-Mar-22 |
|
Current Ratio (in times) |
16.42 |
9.03 |
|
Debt-Equity Ratio (in times) |
0 |
0.02 |
|
Debt Service Coverage Ratio (in times) |
14.56 |
15.75 |
|
Return on Equity Ratio (in %) |
0.03 |
0.11 |
|
Inventory Turnover Ratio (in times) |
0 |
0 |
|
Trade Receivables Turnover Ratio (in times) |
11.72 |
8.05 |
|
Trade Payable Turnover Ratio (in times) |
17.58 |
9.89 |
|
Net Capital Turnover Ratio (in times) |
1.36 |
2.1 |
|
Net Profit Ratio (in %) |
3 |
7 |
|
Return on Capital Employed Ratio (in %) |
3 |
13 |
Market Simplified India LimitedShare Dividend History
|
Particulars |
2023 |
2022 |
|
Dividend per Share |
0 |
0 |
|
Retained Earnings (In Rs. Crores) |
23.48 |
11.36 |
Revenue and Income: In 2023, the company 's revenue from operations increased to 48.32 (in some unit of currency) compared to 43.06 in 2022, reflecting an expansion in its core business activities. Other income, however, declined from 0.75 in 2022 to 0.24 in 2023, indicating a decrease in income from non-core sources.
Expenses: Employee benefits expense escalated from 26.66 in 2022 to 34.35 in 2023, primarily due to increased employee-related costs, which may include salaries, benefits, and other personnel expenses. Finance costs decreased from 0.29 in 2022 to 0.06 in 2023, possibly resulting from lower interest rates or a reduction in outstanding debt.
Profit: Profit before tax saw a substantial decrease from 3.83 in 2022 to 1.46 in 2023, signifying a significant reduction in pre-tax earnings.
Overall, the financial performance of the company in 2023 indicates a reduction in profitability compared to the previous year, primarily due to increased employee benefits expenses and reduced other income. The decline in profit before tax and profit after tax reflects a challenging financial period for the company, possibly necessitating further analysis and strategic adjustments to improve future financial results.
