| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| MIL Industries and Aerospace Limited |
|
Particulars |
2023 |
2022 |
|
ASSETS |
|
|
|
Non Current Assets |
|
|
|
(i) Property, Plant and Equipment |
462.99 |
|
|
(ii)Financial Assets |
|
|
|
a) Investments |
0.78 |
|
|
b) Other Financial Assets |
4.22 |
|
|
iv) Preliminary Expenses not written off |
|
3.05 |
|
Total Non current Assets |
468 |
3.05 |
|
Current Assets |
|
|
|
Inventories |
798.1 |
|
|
i) Financial Assets |
|
|
|
a) Trade Receivables |
57.27 |
|
|
b) Cash and cash equivalents |
1,170.08 |
15.53 |
|
ii) Other current assets |
280.83 |
|
|
Total current assets |
2,306.28 |
15.53 |
|
Total Assets |
2,774.28 |
18.58 |
|
EQUITY AND LIABILITIES |
|
|
|
Equity |
|
|
|
a) Equity Share Capital |
315 |
20 |
|
b) Other Equity |
|
|
|
Reserves and Surplus |
2,309.29 |
-1.53 |
|
Total Equity |
2,624.29 |
18.47 |
|
LIABILITIES |
|
|
|
Non Current Liabilities |
|
|
|
(i) Deferred tax liabilities |
15.22 |
|
|
Total Non Current Liabilities |
15.22 |
|
|
Current Liabilities |
|
|
|
i) Financial Liabilities |
|
|
|
a) Trade Payables |
73.05 |
|
|
b) Other Financial Liabilities |
21.06 |
|
|
ii) Other current liabilities |
40.66 |
0.12 |
|
Total Current Liabilities |
134.77 |
0.12 |
|
Total Equity and Liabilities |
2,774.28 |
18.58 |
|
Particulars |
2023 |
2022 |
|
INCOME |
|
|
|
Revenue From Operations |
2,253.15 |
|
|
Other Income |
34.91 |
|
|
Total Revenue |
2,288.06 |
|
|
EXPENDITURE |
|
|
|
Cost of raw materials and components consumed |
923.95 |
|
|
Changes in inventories of finished goods and work-in-progress |
-196.86 |
|
|
Employee Benefit Expenses |
360.62 |
|
|
Finance Cost |
1.7 |
|
|
Depreciation and amortisation expenses - |
51.07 |
|
|
Other Expenses |
849.49 |
1.53 |
|
|
1,989.96 |
1.53 |
|
Profit before exception and tax |
298.09 |
-1.53 |
|
Profit before tax |
298.09 |
-1.53 |
|
Current Tax |
85 |
|
|
Deferred Tax |
15.22 |
|
|
Profit after tax |
197.87 |
-1.53 |
|
Other Comprehensive Income |
|
|
|
Remeasurement of Defi ned Benetit Plans |
-10.71 |
|
|
Total Other Comprehensive Income for the yea |
-10.71 |
|
|
Total Comprehensive Income for the year comprising Profit and Other Comprehensive income |
187.17 |
-1.53 |
|
Earnings per Equity Share (Basic and Diluted) |
6.28 |
-0.77 |
|
Particulars |
2023 |
2022 |
|
CASH FLOW FROM OPERATING ACTIVITIES |
|
|
|
Profit as per Profit and Loss Account |
298.09 |
-0.56 |
|
Adjustments for |
|
|
|
Depreciation |
51.07 |
|
|
Interest Expenses |
1.7 |
|
|
Interest income |
-21.07 |
|
|
Operating Profit before working capital changes |
329.8 |
-0.56 |
|
Adjustment for changes in |
|
|
|
Trade Payables |
-6.96 |
|
|
Remeasurement of defi ned benefi t obligations |
10.71 |
|
|
|
3.75 |
|
|
Cash generated from operations |
333.55 |
-0.56 |
|
Less: Income tax paid |
97.11 |
|
|
Net Cash Generated from Operations (A) |
236.44 |
-0.56 |
|
B. CASH FLOW FROM INVESTING ACTIVITIES |
|
|
|
Purchase of Fixed Assets |
-42.48 |
|
|
Interest Income |
21.07 |
|
|
Net Cash from Investing Activities (B) |
-21.41 |
|
|
CASH FLOW FROM FINANCING ACTIVITIES |
|
|
|
Proceeds from borrowings |
-82.52 |
|
|
Net Cash from Financing Activities © |
-82.52 |
|
|
Net Increase/(decrease) in cash and cash equivalents (A)+(B)+(C) |
132.51 |
-0.56 |
|
Opening Cash and Cash Equivalents |
15.53 |
16.09 |
|
As per Scheme of Arrangement |
1,150.46 |
|
|
Adjusted opening Cash and Cash Equivalents |
1,165.99 |
|
|
Closing Cash and Cash Equivalents |
1,170.08 |
15.53 |
Certainly, here is a summary of the Cash Flow Statement for the years 2023 and 2022:
2023:
1. Cash Flow from Operating Activities:
Profit as per Profit and Loss Account: Rs. 298.09 crore
Adjustments:
Depreciation: Rs. 51.07 crore
Interest Expenses: Rs. 1.7 crore
Interest Income: -Rs. 21.07 crore
Operating Profit before working capital changes: Rs. 329.8 crore
Adjustments for changes in Trade Payables and Remeasurement of Defined Benefit Obligations: Rs. 3.75 crore
Cash generated from operations: Rs. 333.55 crore
Income tax paid: Rs. 97.11 crore
Net Cash Generated from Operations (A): Rs. 236.44 crore
2. Cash Flow from Investing Activities:
Purchase of Fixed Assets: -Rs. 42.48 crore
Interest Income: Rs. 21.07 crore
Net Cash from Investing Activities (B): -Rs. 21.41 crore
3. Cash Flow from Financing Activities:
Proceeds from borrowings: -Rs. 82.52 crore
Net Cash from Financing Activities (C): -Rs. 82.52 crore
4. Net Increase/(Decrease) in Cash and Cash Equivalents: (A) + (B) + (C) = Rs. 132.51 crore
5. Opening Cash and Cash Equivalents: Rs. 15.53 crore
6. As per Scheme of Arrangement: Rs. 1,150.46 cror
7. Adjusted Opening Cash and Cash Equivalents: Rs. 1,165.99 crore
8. Closing Cash and Cash Equivalents: Rs. 1,170.08 crore
2022:
1. Cash Flow from Operating Activities:
Profit as per Profit and Loss Account: -Rs. 0.56 crore
Adjustments:
Depreciation: Rs. 51.07 crore
Interest Expenses: Rs. 1.7 crore
Interest Income: -Rs. 21.07 crore
Operating Profit before working capital changes: -Rs. 0.56 crore
Adjustments for changes in Trade Payables and Remeasurement of Defined Benefit Obligations: Rs. 3.75 crore
Cash generated from operations: -Rs. 0.56 crore
Income tax paid: Rs. 97.11 crore
Net Cash Generated from Operations (A): -Rs. 0.56 crore
2. Cash Flow from Investing Activities:
Purchase of Fixed Assets: -Rs. 42.48 crore
Interest Income: Rs. 21.07 crore
Net Cash from Investing Activities (B): N/A
3. Cash Flow from Financing Activities:
Proceeds from borrowings: N/A
Net Cash from Financing Activities (C): N/A
4. Net Increase/(Decrease) in Cash and Cash Equivalents: (A) + (B) + (C) = -Rs. 0.56 crore
5. Opening Cash and Cash Equivalents:
Rs. 16.09 crore
6. Closing Cash and Cash Equivalents:
Rs. 15.53 crore
In 2023, the company demonstrated a significant positive cash flow from operating activities and experienced substantial changes in its cash and cash equivalents, primarily due to a scheme of arrangement, resulting in a much higher closing balance compared to 2022.
