| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Molind Engineering Limited |
|
Particulars |
2023 |
2022 |
|
ASSETS |
|
|
|
NON CURRENT ASSETS |
|
|
|
Property Plant and Equipment |
0.03 |
7.37 |
|
Financial Assets |
|
|
|
Trade Receivables |
7.94 |
7.94 |
|
Other Financial Assets |
4,754.69 |
5.59 |
|
Deferred Tax Assets (Net) |
72.2 |
72.2 |
|
Total |
4,834.86 |
93.1 |
|
CURRENT ASSETS |
|
|
|
Inventories |
0 |
315.97 |
|
Financial Assets |
|
|
|
Trade Receivables |
259.41 |
0 |
|
Cash and Cash Equivalents |
153.84 |
123.2 |
|
Bank Balances other than above |
2.75 |
2.75 |
|
Loans |
2 |
2 |
|
Current Tax Assets (Net) |
5.81 |
5.75 |
|
Other Current Assets |
2.26 |
1.08 |
|
Total |
426.07 |
450.75 |
|
Total Assets |
5,260.93 |
543.85 |
|
EQUITY AND LIABILITIES |
|
|
|
EQUITY |
|
|
|
Equity Share Capital |
253.5 |
253.5 |
|
Other Equity |
4,823.62 |
-1,158.36 |
|
LIABILITIES |
|
|
|
NON CURRENT LIABILITIES |
|
|
|
Financial Liabilities |
|
|
|
Borrowings |
0 |
1,355.00 |
|
Other Financial Liabilities |
0.04 |
0.04 |
|
Provisions |
68.02 |
68.02 |
|
Total |
5,145.18 |
518.2 |
|
CURRENT LIABILITIES |
|
|
|
Other Current Liabilities |
48.76 |
25.65 |
|
Provisions |
66.99 |
0 |
|
Total |
115.75 |
25.65 |
|
Total Equity and Liabilities |
5,260.93 |
543.85 |
|
Particulars |
2023 |
2022 |
|
Revenue from Operation |
180.68 |
21.14 |
|
Other Income |
7,253.62 |
4.6 |
|
Total Income |
7,434.30 |
25.74 |
|
Expenses |
|
|
|
Change in inventories of finished goods, Stock in Trade and Work In Progress |
0 |
48.33 |
|
Employee Benefit Expenses |
11.61 |
9.42 |
|
Finance Costs |
0.02 |
0.09 |
|
Depreciation and amortization expense |
0.08 |
0.2 |
|
Other expenses |
328.09 |
15.94 |
|
Total Expenses |
339.8 |
73.98 |
|
Profit/(Loss) Before exceptional items and tax |
7,094.50 |
-48.24 |
|
Profit/(Loss) before Tax |
7,094.50 |
-48.24 |
|
Tax Expense |
|
|
|
(1) Current Tax |
1,112.52 |
0 |
|
Profit (Loss) for the period from continuing operations |
5,981.98 |
-48.24 |
|
Profit (Loss) for the Period |
5,981.98 |
-48.24 |
|
Total Comprehensive Income for the period and other comprehensive Income for the period |
5,981.98 |
-48.24 |
|
Earning per equity share (for continuing operation) |
|
|
|
(1) Basic |
235.98 |
-1.9 |
|
(2) Diluted |
235.98 |
-1.9 |
|
Particulars |
2023 |
2022 |
|
A. Cash flow from operating activities |
|
|
|
Net Profit / (Loss) for the year |
7,094.50 |
-48.24 |
|
Adjustments for: |
|
|
|
Depreciation and amortisation |
0.08 |
0.2 |
|
Finance costs |
0.02 |
0.09 |
|
Interest income |
-160.41 |
-4.56 |
|
Profit or Loss on sale of Fixed Asset |
-7,093.17 |
0 |
|
Operating Profit (Loss) before Working Capital Changes |
-158.98 |
-52.51 |
|
Changes in working capital: |
|
|
|
Adjustments for (increase) / decrease in operating assets: |
|
|
|
Inventories |
315.97 |
48.33 |
|
Trade receivables |
-259.41 |
0 |
|
Non- Current Other Financial Assets |
-4,749.10 |
-0.36 |
|
Non Current Trade Receivables |
0 |
0.35 |
|
Short-term loans and advances |
0 |
0.02 |
|
Current Tax Assets (Net) |
-0.06 |
-0.43 |
|
Other Current Assets |
-1.18 |
-1.04 |
|
Other current liabilities |
23.11 |
0.04 |
|
Short-term provisions |
66.99 |
0 |
|
|
-4,762.66 |
-5.6 |
|
Net income tax (paid) / refunds |
-1,112.52 |
0 |
|
Net cash flow from / (used in) operating activities (A) |
-5,875.18 |
-5.6 |
|
B. Cash flow from investing activities |
|
|
|
Interest income |
160.41 |
4.56 |
|
Proceeds from sale of fixed assets |
7,100.43 |
0.05 |
|
Net cash flow from / (used in) investing activities (B) |
7,260.84 |
4.61 |
|
C. Cash flow from financing activities |
|
|
|
Payment/Proceeds from non convertible preference share |
-1,355.00 |
0 |
|
Finance costs |
-0.02 |
-0.09 |
|
Net cash flow from / (used in) financing activities (C) |
-1,355.02 |
-0.09 |
|
Net increase / (decrease) in Cash and cash equivalents |
30.64 |
-1.08 |
|
Cash and cash equivalents at the beginning of the year |
123.2 |
124.28 |
|
Cash and cash equivalents at the end of the year |
153.84 |
123.2 |
Certainly, here is a summary of the Cash Flow Statement for the years 2023 and 2022:
2023:
Operating Activities:
Net cash used amounted to Rs 5,875.18 crore. This was primarily influenced by a net profit of Rs 7,094.50 crore, adjusted for non-cash items such as depreciation, finance costs, and the substantial loss on the sale of fixed assets.
Investing Activities:
Net cash generated was Rs 7,260.84 crore, mainly from interest income and proceeds of Rs 7,100.43 crore from the sale of fixed assets.
Financing Activities:
Net cash used was Rs 1,355.02 crore, primarily due to payments related to non-convertible preference shares and finance costs.
Overall Result:
The company experienced a net increase in cash and cash equivalents of Rs 30.64 crore, ending the year with Rs 153.84 crore in cash and cash equivalents.
2022:
Operating Activities:
Net cash used was Rs 5.6 crore. The net loss of Rs 48.24 crore was adjusted for non-cash items, with the most significant impact being the loss on the sale of fixed assets.
Investing Activities:
Net cash generated was Rs 4.61 crore, primarily from interest income and a modest amount from the sale of fixed assets.
Financing Activities:
Net cash used was minimal at Rs 0.09 crore, involving finance costs.
|
Particulars |
2023 |
2022 |
|
Current Ratio |
3.68 |
17.57 |
|
Debt-Equity Ratio |
0.02 |
0.03 |
|
Return on Equity Ratio |
1.18 |
-0.11 |
|
Trade Receivables turnover ratio |
4.13 |
0 |
|
Net profit ratio |
33.11 |
-2.28 |
|
Return on Capital employed |
2.61 |
0.05 |
Here is a summary of the financial and operational metrics for Molind Engineering Limited for the years 2023 and 2022:
2023:
Current Ratio (3.68):
The current ratio of 3.68 indicates that the company has more than enough current assets to cover its current liabilities. This suggests a strong short-term liquidity position, providing the company with the ability to meet its short-term obligations comfortably.
Debt-Equity Ratio (0.02):
With a debt-equity ratio of 0.02, Molind Engineering has a very low level of debt relative to equity. This signifies a conservative capital structure, indicating that the company relies more on equity financing rather than debt, which can enhance financial stability.
Return on Equity (ROE) Ratio (1.18):
The ROE of 1.18 implies that for every rupee of equity, the company generated a profit of Rs 1.18. This is a positive sign, indicating that the company is efficiently using shareholder equity to generate returns.
Trade Receivables Turnover Ratio (4.13):
The trade receivables turnover ratio of 4.13 suggests that, on average, the company collects its receivables approximately four times during the year. This reflects effective management of receivables and a relatively short cash conversion cycle.
Net Profit Ratio (33.11):
The net profit ratio of 33.11 indicates that the company retained Rs 0.33 as net profit for every rupee of sales. This reflects a healthy profit margin, indicating efficient cost management and profitability.
Return on Capital Employed (ROCE) (2.61):
The ROCE of 2.61 reflects the efficiency of capital utilization, indicating a positive return on the capital invested in the business. This is a favorable metric, signifying effective use of both equity and debt capital.
2022:
Current Ratio (17.57):
The extremely high current ratio of 17.57 raises questions about the efficiency of current asset management. While it suggests ample liquidity, such a high ratio may indicate underutilized assets or a breakdown in the calculation.
Debt-Equity Ratio (0.03):
Similar to 2023, the low debt-equity ratio of 0.03 in 2022 indicates a conservative capital structure, with low reliance on debt financing.
Return on Equity (ROE) Ratio (-0.11):
The negative ROE suggests a net loss for shareholders in 2022, indicating financial challenges or operational issues that led to a loss on equity.
Trade Receivables Turnover Ratio (0):
The absence of a trade receivables turnover ratio or a ratio of zero may imply either no trade receivables or a breakdown in the calculation, making it challenging to assess the efficiency of receivables management.
Net Profit Ratio (-2.28):
The negative net profit ratio of -2.28 indicates a loss on sales, reflecting a negative profit margin. This suggests financial difficulties or a period of unprofitability.
Return on Capital Employed (ROCE) (0.05):
While the ROCE is positive, it is notably lower than in 2023, suggesting a lower return on the capital employed in the business during 2022.
