| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Mohan Meakin Limited |
|
Particulars |
As at 31 March 2023 |
As at 31 March 2022 |
|
ASSETS |
|
|
|
Property, Plant, and Equipment |
71.64 |
61.22 |
|
Capital Work in Progress |
10.16 |
8.03 |
|
Investment Property |
0.14 |
0.15 |
|
Financial Assets |
|
|
|
i) Investments |
4.47 |
3.59 |
|
ii) Other financial assets |
5.16 |
4.70 |
|
Non-Current Tax Assets (Net) |
3.08 |
6.67 |
|
Deferred Tax Assets (Net) |
1.37 |
1.67 |
|
Other Non-Current Assets |
13.94 |
8.65 |
|
Total |
109.96 |
94.68 |
|
Current Assets |
|
|
|
Inventories |
116.97 |
89.87 |
|
Financial Assets |
|
|
|
i) Trade Receivables |
98.43 |
76.34 |
|
ii) Cash and Cash Equivalents |
22.54 |
32.73 |
|
iii) Bank balance other than above |
67.65 |
34.38 |
|
iv) Loans |
0.15 |
0.10 |
|
v) Other financial assets |
0.96 |
0.54 |
|
Other current assets |
17.62 |
20.05 |
|
Total |
324.31 |
254.00 |
|
Total Assets |
434.27 |
348.68 |
|
EQUITY AND LIABILITIES |
|
|
|
EQUITY |
|
|
|
a) Equity Share capital |
4.25 |
4.25 |
|
b) Other equity |
275.96 |
206.85 |
|
Total Equity |
280.22 |
211.10 |
|
LIABILITIES |
|
|
|
Non-current Liabilities |
|
|
|
Financial liabilities |
|
|
|
i) Borrowings |
- |
0.16 |
|
ii) Other financial liabilities |
12.68 |
12.73 |
|
Provisions |
3.76 |
3.12 |
|
Other non-current liabilities |
- |
0.02 |
|
Total |
16.44 |
16.03 |
|
Current liabilities |
|
|
|
Financial liabilities |
|
|
|
i) Borrowings |
4.29 |
4.47 |
|
ii) Trade payables |
|
|
|
Total outstanding dues of micro and small Enterprises |
1.65 |
1.02 |
|
Total outstanding dues of creditors other than micro and small enterprises |
91.75 |
76.60 |
|
iii) Other financial liabilies |
22.17 |
22.75 |
|
Other current liabilities |
17.54 |
16.48 |
|
Provisions |
0.22 |
0.23 |
|
Total |
137.62 |
121.55 |
|
Total liabilities |
154.06 |
137.58 |
|
Total Equity and liabilities |
434.27 |
348.68 |
| PARTICULARS | 2023 | 2022 |
| I. Revenue from Operations | 1771.21 | 1370.41 |
| II. Other Income | 7.37 | 8.96 |
| III. Total Income (I+II) | 1778.58 | 1379.37 |
| IV Expenses | ||
| Cost of Materials Consumed | 222.50 | 148.0291 |
| Excise Duty | 504.2464 | 350.3569 |
| Purchase of Stock-in-Trade | 798.2417 | 671.8647 |
| Changes in Inventories | -15.6989 | -6.6915 |
| Employee Benefits Expense | 42.2718 | 37.2956 |
| Finance Cost | 0.9585 | 1.555 |
| Depreciation Expense | 6.8844 | 6.0463 |
| Other Expense | 130.3956 | 101.9405 |
| Total Expenses (IV) | 1689.80 | 1310.40 |
| V. Profit before Exceptional items and tax | 88.7854 | 68.9784 |
| VI. Exceptional Items | 3.0104 | 0 |
| VII. Profit before Tax (V+VI) | 91.7958 | 68.9784 |
| VIII. Tax Expense | ||
| 1) Current Tax | 23.2288 | 18.0247 |
| 2) Deferred Tax | 0.172 | -0.5009 |
| IX. Profit for the Year (VII-VIII) | 68.395 | 51.4546 |
| X. Other Comprehensive Income | ||
| i) Items that will not be classified to profit or loss | ||
| Re-measurement of the defined benefit plan | -0.0267 | 0.4028 |
| Fair value changes on Equity Instruments through other comprehensive income | 0.8827 | 1.0813 |
| ii) Income Tax Relating to items that will not be reclassified | -0.134 | -0.2294 |
| Total Other Comprehensive income | 0.722 | 1.2547 |
| XI. Total Comprehensive Income for the year (IX+X) | 69.117 | 52.7093 |
| XII. Earnings per Equity share (Face Value Rs. 5Per Share) | ||
| a) Basic (Rs.) | 80.38 | 60.47 |
| b) Diluted (Rs.) | 80.38 | 60.47 |
| Particulars | 31st March 2023 | 31 March 2022 |
| A. Cash Flow from Operating Activities | ||
| Profit/(Loss) Before Tax | 91.7958 | 68.9784 |
| Depreciation expenses | 6.8844 | 6.0463 |
| Loss on discard/write off of property plant & equipment | 0.073 | 0.029 |
| Gain on sale of property, plant and plant and equipment | -3.0104 | -0.016 |
| Interest expense | 0.7871 | 0.8836 |
| Dividend income | -0.0026 | -0.0026 |
| Provision for employee benefits | 0.5977 | -0.1577 |
| Interest income | -2.6765 | -1.4598 |
| Rent from investment properties | -0.2666 | -0.3013 |
| Excess provision / unclaimed balances written back | -0.0033 | -0.9677 |
| Trade Receivables and advances written off | 0 | 0.0028 |
| Provision for inventory | 0.0124 | 0.7821 |
| Operating profit before working capital changes | 94.191 | 73.8171 |
| Changes in working capital | ||
| Inventories | -27.1116 | -13.5735 |
| Trade receivables | -22.0821 | 2.3336 |
| Current and Non Current Loans and other financial asset | -0.0642 | -0.2025 |
| Other Current Assets and Non Current assets | 1.1207 | -4.0117 |
| Current and Non Current Other financial liabilities | -1.2506 | 4.868 |
| Other Current and Non Current Liabilities | 1.0343 | -1.1688 |
| Trade payables | 15.788 | 4.036 |
| Cash generated from operations | 61.6255 | 66.0982 |
| Income tax paid, net of refunds | -19.6421 | -18.4182 |
| Net cash generated from operating activities | 41.9834 | 47.68 |
| Cash flows from investing activities | ||
| Purchase of property, plant and equipment | -24.2408 | -9.9857 |
| Purchase of Investment Property | 0 | -0.1066 |
| Proceeds from sale of property, plant & equipment | 3.75 | 0.016 |
| Movement in bank deposits not... | -33.5428 | -30.7002 |
| Dividend income | 0.0026 | 0.0026 |
| Interest income | 2.0777 | 0.4551 |
| Rent from investment properties | 0.2666 | 0.3013 |
| Net cash used in investing activities | -51.6867 | -40.0175 |
| Cash flows from financing activities | ||
| Repayment of current borrowings | -0.173 | -0.5998 |
| Repayment of long-term borrowings | -0.1614 | -0.1659 |
| Interest paid | -0.1522 | -0.2468 |
| Net cash used in financing activities | -0.4866 | -1.0125 |
| Net increase/ (decrease) in cash and cash equivalent (A+B+C) | -10.1899 | 6.65 |
| Add: Cash and Cash Equivalent at beginning of year | 32.7268 | 26.0768 |
| Cash and cash equivalents as at end of year | 22.5369 | 32.7268 |
| Cash and Cash Equivalent comprise the following | ||
| Cash on hand | 0.1027 | 0.0263 |
| Balance with bank | ||
| In Current Account | 22.4342 | 31.7005 |
| In Deposits Account | 0 | 1 |
| Particulars | 31-Mar-23 | 31-Mar-22 |
| Current Ratio (in times) | 2.36 | 2.17 |
| Debt-Equity Ratio (in times) | 0.02 | 0.02 |
| Debt Service Coverage Ratio (in times) | 68.49 | 36.27 |
| Return on Equity Ratio (in %) | 27.84% | 27.85% |
| Inventory Turnover Ratio (in times) | 9.72 | 9.74 |
| Trade Receivables Turnover Ratio (in times) | 19.88 | 17.36 |
| Trade Payable Turnover Ratio (in times) | 12.16 | 8.83 |
| Net Capital Turnover Ratio (in times) | 9.3 | 9.83 |
| Net Profit Ratio (in %) | 3.94% | 3.82% |
| Return on Capital Employed Ratio (in %) | 31.48% | 30.15% |
| Particulars | 2023 | 2022 |
| Dividend per Share | 1 | 0 |
| Retained Earnings (In Rs. Crores) | 265.08 | 196.70 |
Revenue Growth: Revenue from Operations increased significantly to Rs. 1,771.21 crore in 2023, showing strong growth compared to the previous year 's Rs. 1,370.41 crore. This indicates improved sales performance.
Profit Improvement: The company 's Profit before Exceptional items and tax also saw a notable increase, reaching Rs. 88.79 crore in 2023, up from Rs. 68.98 crore in 2022. This demonstrates improved operational efficiency and profitability.
Earnings Per Share: Basic Earnings per Equity Share (Face Value Per Share) stood at Rs. 80.38 in 2023, showcasing a significant improvement from Rs. 60.47 in 2022. This indicates higher earnings available to shareholders.
Liquity and Debt: The company improved its short-term liquidity position as reflected in the higher current ratio, while maintaining a stable and low debt-equity ratio, signifying minimal financial risk.
Efficiency: Inventory turnover and trade receivables turnover ratios were relatively stable, indicating efficient management of inventory and improved collections. The trade payable turnover ratio also improved, showcasing better management of payables.
