| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Moser Baer Limited |
|
PARTICULARS |
2017 |
2016 |
|
EQUITY AND LIABILITIES |
|
|
|
Shareholder 's funds |
|
|
|
Share capital |
2,21,76,59,830 |
2,21,76,59,830 |
|
Preference shares issued by subsidiary companies |
8,35,43,38,571 |
8,35,43,38,571 |
|
Reserves and surplus |
-59,20,61,89,917 |
-47,92,89,73,004 |
|
|
-48,63,41,91,516 |
-37,35,69,74,603 |
|
Non-current liabilities |
|
|
|
Long-term borrowings |
26,61,00,000 |
12,67,69,07,582 |
|
Other long-term liabilities |
40,20,17,679 |
49,95,70,718 |
|
Long-term provisions |
60,97,87,106 |
55,23,41,293 |
|
|
1,27,79,04,785 |
13,72,88,19,593 |
|
Current liabilities |
|
|
|
Short-term borrowings |
10,90,53,44,822 |
10,62,30,46,951 |
|
Trade payables |
|
|
|
Total outstanding dues of micro enterprises and small enterprises |
2,54,62,351 |
2,10,44,483 |
|
Total outstanding dues of creditors other than micro enterprises and small enterprises |
2,90,62,20,924 |
2,44,86,46,247 |
|
Other current liabilities |
46,62,38,39,162 |
30,71,37,32,531 |
|
Short-term provisions |
4,08,09,37,067 |
3,33,10,36,398 |
|
|
64,54,18,04,326 |
47,13,75,06,610 |
|
Total |
17,18,55,17,595 |
23,50,93,51,600 |
|
ASSETS |
|
|
|
Non-current assets |
|
|
|
Fixed assets |
|
|
|
Tangible assets |
9,59,28,75,770 |
14,19,50,06,072 |
|
Intangible assets |
68,81,80,053 |
69,93,04,014 |
|
Capital work-in-progress |
5,79,29,990 |
5,73,11,890 |
|
Intangible assets under development |
30,65,000 |
- |
|
Non-current investments |
74,46,607 |
74,46,607 |
|
Long-term loans and advances |
2,12,26,35,361 |
51,89,83,465 |
|
Other non-current assets |
13,04,41,771 |
12,67,81,721 |
|
Total |
12,60,25,74,552 |
15,60,48,33,769 |
|
Current assets |
|
|
|
Inventories |
1,48,17,92,861 |
2,44,46,35,908 |
|
Trade receivables |
2,42,44,80,393 |
2,40,60,36,416 |
|
Cash and bank balances |
28,59,63,441 |
30,64,07,886 |
|
Short-term loans and advances |
34,50,11,787 |
2,19,09,10,332 |
|
Other current assets |
4,56,94,561 |
55,65,27,289 |
|
Total |
4,58,29,43,043 |
7,90,45,17,831 |
|
Total |
17,18,55,17,595 |
23,50,93,51,600 |
|
PARTICULARS |
2017 |
2016 |
|
REVENUE |
|
|
|
Revenue from operations (gross) |
7,32,78,72,857 |
9,51,97,39,603 |
|
Less: Excise duty |
-37,52,33,482 |
-54,15,99,469 |
|
Revenue from operations (net) |
6,95,26,39,375 |
8,97,81,40,134 |
|
Other income |
8,78,18,907 |
37,42,82,346 |
|
|
7,04,04,58,282 |
9,35,24,22,480 |
|
Expenses |
|
|
|
Cost of materials consumed |
3,81,14,56,615 |
4,18,04,69,448 |
|
Purchases of stock-in-trade |
57,52,40,251 |
74,35,40,468 |
|
Changes in inventories of finished goods, stock-in-trade and work-in-progress |
16,81,97,541 |
72,27,58,094 |
|
Employee benefit expenses |
1,53,95,30,191 |
2,02,55,89,934 |
|
Finance costs |
4,65,38,64,532 |
5,74,30,51,000 |
|
Depreciation, amortization and impairment |
1,69,18,56,261 |
2,30,59,01,128 |
|
Other expenses |
1,64,33,29,452 |
2,75,94,75,688 |
|
|
14,08,34,74,843 |
18,48,07,85,760 |
|
Loss before exceptional items and tax |
-7,04,30,16,561 |
-9,12,83,63,280 |
|
Exceptional items |
-3,56,97,77,477 |
-62,16,86,147 |
|
Loss before tax |
-10,61,27,94,038 |
-9,75,00,49,427 |
|
Tax expense: |
|
|
|
Current tax |
14,72,450 |
83,960 |
|
Net loss for the year /period |
-10,61,42,66,488 |
-9,75,01,33,387 |
|
Loss per equity share |
|
|
|
Basic |
-47.86 |
-44.49 |
|
Diluted |
-47.86 |
-44.49 |
|
PARTICULARS |
2017 |
2016 |
|
Cash flow from operating activities: |
|
|
|
Loss before tax |
-10,61,27,94,038 |
-9,75,00,49,427 |
|
Adjustments for: |
|
|
|
Depreciation, amortization and impairment |
4,58,75,75,219 |
2,30,59,01,128 |
|
Interest expense |
4,65,38,64,532 |
5,74,30,51,000 |
|
Interest income |
-7,55,80,002 |
-4,43,29,639 |
|
(Profit) on sale of fixed assets (net) |
-48,43,240 |
- |
|
Provision for doubtful debts/ advances |
10,90,14,610 |
44,15,28,657 |
|
Old liabilities and provisions no longer required written back |
-12,39,31,739 |
-9,19,39,400 |
|
Provision for inventory written off |
39,30,08,539 |
31,63,71,294 |
|
Provision for warranty written back |
95,30,218 |
35,15,568 |
|
Unrealized foreign exchange loss |
-9,49,91,612 |
-8,34,06,316 |
|
Diminution in value of investment |
- |
6,28,344 |
|
Operating loss before working capital changes |
-1,15,91,47,513 |
-1,15,87,28,791 |
|
Adjustments for changes in working capital: |
|
|
|
(Increase)/Decrease in trade receivables |
-23,38,17,727 |
22,85,41,246 |
|
Decrease in loans and advances and other assets |
66,17,74,465 |
13,36,29,959 |
|
Decrease in inventories |
56,98,34,508 |
88,35,64,050 |
|
Increase in trade payable and other liabilities |
59,21,79,083 |
49,39,35,042 |
|
Cash generated from operations |
43,08,22,816 |
58,09,41,506 |
|
Income tax refund/(paid) |
13,78,23,130 |
-4,75,17,370 |
|
Net cash generated from operating activities A |
56,86,45,946 |
53,34,24,136 |
|
Cash flow from investing activities: |
|
|
|
(Purchase)/sale of fixed assets/ additions to capital work-in-progress |
62,45,534 |
-16,37,49,916 |
|
Investments in Fixed Deposits |
-17,73,50,555 |
-22,05,33,801 |
|
Proceeds from fixed deposits |
22,05,33,801 |
33,16,52,013 |
|
Interest received |
4,15,39,463 |
3,72,97,277 |
|
Net cash used in investing activities B |
9,09,68,243 |
-1,53,34,427 |
|
Cash flow from financing activities: |
|
|
|
Proceeds from issue of preference shares by subsidiary |
- |
5,65,00,000 |
|
Proceeds from issue of equity shares |
- |
75,00,000 |
|
Proceeds from long term borrowings |
9,27,00,000 |
11,05,00,000 |
|
Repayment in long-term borrowings |
-40,64,87,888 |
-13,02,29,719 |
|
Net movement in short-term borrowings |
30,66,84,056 |
23,79,00,392 |
|
Interest paid |
-62,89,25,739 |
-96,39,12,981 |
|
Dividend paid for earlier years |
-8,45,817 |
-7,56,254 |
|
Net cash used in financing activities C |
-63,68,75,388 |
-68,24,98,562 |
|
Net increase in cash and cash equivalents (A+B+C) |
2,27,38,801 |
-16,44,08,853 |
|
Cash and cash equivalents at the beginning of the year /period |
8,58,74,085 |
25,02,82,938 |
|
Cash and cash equivalents at the end of the year /period |
10,86,12,886 |
8,58,74,085 |
|
Components of cash and cash equivalents |
|
|
|
Cash, cheques and drafts in hand |
12,09,424 |
27,31,556 |
|
Balance with banks |
9,94,78,776 |
8,27,82,205 |
|
Deposits with less than 3 months maturity |
79,24,686 |
3,60,324 |
|
Total |
10,86,12,886 |
8,58,74,085 |
Here is a summary of the Cash Flow Statement for the years 2017 and 2016, broken down by activity wise in rupees:
1. Loss Before Tax:
In 2017, the company experienced a loss before tax of ₹10,61,27,94,038, reflecting a decline from the previous year 's loss of ₹9,75,00,49,427.
2. Adjustments for Operating Activities:
Various adjustments were made for operating activities, including depreciation, amortization, impairment, interest expenses, and income. These adjustments resulted in an operating loss before working capital changes of ₹-1,15,91,47,513 in 2017 and ₹-1,15,87,28,791 in 2016.
3. Working Capital Changes:
Changes in working capital involved a decrease in trade receivables (₹-23,38,17,727), a significant decrease in loans and advances (₹66,17,74,465), a decrease in inventories (₹56,98,34,508), and an increase in trade payables (₹59,21,79,083). These changes contributed to cash generated from operations amounting to ₹43,08,22,816 in 2017 and ₹58,09,41,506 in 2016.
4. Income Tax Refund/(Paid):
The company received an income tax refund of ₹13,78,23,130 in 2017, while it paid ₹-4,75,17,370 in 2016.
5. Net Cash from Operating Activities (A):
The net cash generated from operating activities was ₹56,86,45,946 in 2017 and ₹53,34,24,136 in 2016.
6. Investing Activities:
Investing activities included a net cash outflow of ₹9,09,68,243 in 2017, primarily due to the purchase of fixed assets and investments in fixed deposits. In 2016, there was a net cash inflow of ₹-1,53,34,427, mainly driven by proceeds from fixed deposits and interest received.
7. Financing Activities:
Financing activities in 2017 included proceeds from long-term borrowings (₹9,27,00,000), net movement in short-term borrowings (₹30,66,84,056), and repayment of long-term borrowings (₹-40,64,87,888). The net cash used in financing activities (C) was ₹-63,68,75,388 in 2017 and ₹-68,24,98,562 in 2016.
8. Net Increase in Cash and Cash Equivalents (A+B+C):
The overall increase in cash and cash equivalents was ₹2,27,38,801 in 2017, contrasting with a decrease of ₹-16,44,08,853 in 2016.
9. Cash and Cash Equivalents at the End:
The company ended 2017 with ₹10,86,12,886 in cash and cash equivalents, while in 2016, it had ₹8,58,74,085.
10. Components of Cash and Cash Equivalents:
The composition of cash and cash equivalents included cash, cheques, drafts in hand (₹12,09,424), balances with banks (₹9,94,78,776), and deposits with less than 3 months maturity (₹79,24,686) in 2017, summing up to ₹10,86,12,886. In 2016, the corresponding figures were ₹27,31,556, ₹8,27,82,205, and ₹3,60,324, respectively, totaling ₹8,58,74,085.
