Marvel Vinyls Annual Report

Marvel Vinyls Limited (Marvel Vinyls) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
Primex-40
Marvel Vinyls Limited

Marvel Vinyls Limited Balance Sheet (Rs. in Lakhs)

PARTICULARS	2022	2021	2020	2019
ASSETS
Non-Current Assets
Property, Plant and Equipment	2,929.98	2,929.20	2,930.54	2,869.41
Capital work-in-progress	0.00	0.00	0.00	0.00
Other Intangible Assets	107.28	124.55	141.59	121.04
Right of use	97.80	-	-	-
Intangible Assets under Development	0.00	0.00	0.00	0.00
Financial Assets
- Investments	0.02	0.02	0.02	0.02
- Loans	189.40	193.75	181.77	174.03
Other Non-Current Assets	240.82	37.55	22.31	70.91
Total Non-Current Assets	3,565.30	3,285.07	3,276.23	3,235.41
Current Assets
Inventories	5,115.14	4,632.07	5,550.18	5,509.21
Financial Assets
- Trade Receivables	7,676.17	6,825.65	5,732.65	5,199.18
- Cash and Cash Equivalents	23.82	44.40	33.21	64.70
- Bank Balances other than above	216.55	111.55	103.61	117.05
- Other Financial Assets	2.64	87.82	128.55	137.24
Other Current Assets	1,187.16	502.79	282.36	309.47
Current Tax Assets (Net)	-	9.88	0.00	-
Total Current Assets	14,221.49	12,214.16	11,830.56	11,336.86
TOTAL ASSETS	17,786.80	15,499.24	15,106.79	14,572.26
EQUITY AND LIABILITIES
Equity
Equity Share Capital	497.17	497.16	497.16	497.16
Other Equity	3,644.49	3,060.76	2,485.55	2,297.51
Total Equity	4,141.67	3,557.93	2,982.71	2,794.67
Non-Current Liabilities
Financial Liabilities
- Borrowings	1,208.40	1,124.93	1,325.85	1,384.76
- Other Financial Liabilities	13.04	13.29	13.52	0.00
Provisions	162.30	140.52	126.37	106.91
Deferred Tax Liabilities (Net)	102.64	132.47	89.18	193.68
Total Non-Current Liabilities	1,486.38	1,411.21	1,554.92	1,685.35
Current Liabilities
Financial Liabilities
- Lease Liabilities	0.25	-	-	-
- Borrowings	5,338.96	4,437.38	5,294.35	4,624.72
- Trade Payables
Dues of micro and small enterprises	475.33	318.22	195.71	131.58
Dues of other than micro and small enterprises	5,214.18	4,756.69	4,346.20	4,368.67
- Other Financial Liabilities	394.03	528.84	440.40	557.14
Provisions	62.47	63.32	55.69	14.23
Other Current Liabilities	635.66	425.64	232.60	247.92
Current Tax Liabilities (Net)	37.88	0.00	4.21	147.97
Total Current Liabilities	12,158.76	10,530.09	10,569.17	10,092.23
TOTAL LIABILITIES	17,786.80	15,499.22	15,106.79	14,572.26

Marvel Vinyls Limited Profit & Loss Statement (Rs. in Lakhs)

Particular	2022	2021	2020	2019
REVENUE
Revenue from Operations	29,050.30	24,491.48	25,104.55	24,185.79
Other Income	698.81	297.89	239.55	165.54
Total Revenue	29,749.11	24,789.37	25,344.10	24,351.33
Expenses:
Cost of Materials Consumed	23,736.30	15,653.39	16,745.02	17,964.44
Purchases of Trading Goods	343.89	900.41	877.74	216.10
Changes in Inventories of Finished Goods, Work-in-Progress and Stock-in-Trade	(652.45)	1,003.70	92.83	(1,345.14)
Employee Benefit Expenses	1,883.21	1,654.20	2,194.73	2,193.97
Finance Costs	419.21	498.17	503.45	536.04
Depreciation and Amortization Expense	444.30	372.09	398.81	386.44
Other Expenses	2,696.76	3,842.61	4,126.49	3,998.25
Total Expenses	28,871.22	23,924.57	24,939.07	23,950.10
Profit before Exceptional Items and Tax	877.88	864.80	405.03	401.23
Exceptional Items		-	-	-
Profit before Tax	877.88	864.80	405.03	401.23
Tax Expense:
Current tax	257.24	235.00	121.00	150.00
Deferred Tax	(34.45)	43.89	(97.46)	6.02
Tax Adjustment for earlier years	-	8.98	(0.28)	(0.57)
Total Tax Expenses	222.79	287.87	23.82	155.45
Profit/ (Loss) for the period from Continuing Operations	655.09	576.93	381.21	245.78
Other Comprehensive Income
Items That will not be reclassified to Profit of loss
- Changes in Revaluation Surplus	4.01	4.01	4.01	4.01
- Remeasurement of the Defined Benefit Plans	18.84	(2.29)	(28.03)	(28.03)
-Income Tax relating to Items That will not be reclassified to Profit of loss	(4.62)	(0.58)	(7.05)	(7.05)
Items That will be reclassified to Profit of loss
- Gain and Loss on Hedging Instruments	-	0.00	0.07	0.07
-Income Tax relating to Items That will be reclassified to Profit of loss	-	0.00	0.02	0.02
Total Comprehensive Income for the Period	672.83	579.23	364.85	249.79
Earning Per Equity Share
Earning Per Equity Share (Basic)	15.40	13.56	8.97	5.87
Earning Per Equity Share (Diluted)	15.40	13.56	8.97	5.87

Marvel Vinyls Limited Dividend History (in Rs.)

Particulars	2022	2021	2020	2019
Dividend	NA	2.00	2.00	1.00
Retained Earnings	NA	579.23	211.05	198.49

Marvel Vinyls Limited Performance

Revenue from operations increased from Rs. 24,491.48 Lakh in FY 2021 to Rs. 29,050.30 Lakh in FY 2022, showing a growth of 18.61% as compared to the previous financial year.
Finance Cost has decreased from Rs. 498.17 Lakh in FY 2021 to Rs. 419.21 Lakh in FY 2022 showing a decline of -15.85% as compared to the previous financial year.
In FY 2022, Company’s Net profit stood at Rs. 655.09 Lakh, 13.55% higher than Rs. 576.93 Lakh net profit of FY 2021.
The Current Ratio of the company as of 31st March 2022 was 1.16.
The debt to equity ratio of the company as of 31st March 2022 was 4.29.
In the Financial Year 2021-22, the company has not paid dividends.

Marvel Vinyls Annual Reports, Balance Sheet and Financials

Marvel Vinyls Limited (Marvel Vinyls) Return Comparision with Primex 40 Index

Marvel Vinyls Limited Balance Sheet (Rs. in Lakhs)

Marvel Vinyls Limited Profit & Loss Statement (Rs. in Lakhs)

Marvel Vinyls Limited Dividend History (in Rs.)

Marvel Vinyls Limited Performance

Marvel Vinyls Annual Report 2020-21

Marvel Vinyls Annual Report 2021-22

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