| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Namaste Exports Limited |
|
Particulars |
2022 |
2021 |
|
ASSETS |
|
|
|
Non-current Assets |
|
|
|
Property, Plant and Equipment |
253.46 |
576.27 |
|
Intangible Assets |
|
|
|
Assets held for Sale |
430.29 |
98.27 |
|
Financial Assets |
|
|
|
i) Investments |
18.83 |
11.59 |
|
ii) Other Financial Assets |
4.79 |
19.58 |
|
Other Non Current Assets |
183.77 |
183.77 |
|
Total Non Current Assets |
891.13 |
889.48 |
|
Current Assets |
|
|
|
Inventories |
599.98 |
729.63 |
|
Financial Assets |
|
|
|
i) Trade Receivables |
213.11 |
94.9 |
|
ii) Cash and Cash Equivalents |
246.04 |
118.32 |
|
iii) Bank Balances Other Than (ii) above |
203 |
154.67 |
|
iv) Loans and Advances |
40.15 |
15.34 |
|
v) Other Financial Assets |
10.79 |
12 |
|
Current Tax Assets |
2.28 |
3.15 |
|
Other Current Assets |
174.71 |
178.25 |
|
Total Current Assets |
1,490.06 |
1,306.26 |
|
Total Assets |
2,381.20 |
2,195.73 |
|
EQUITY AND LIABILITIES |
|
|
|
Equity |
|
|
|
(a) Equity Share Capital |
1,372.91 |
1,372.91 |
|
(b) Other Equity |
-898.04 |
-1,014.39 |
|
Total Equity |
474.87 |
358.53 |
|
LIABILITIES |
|
|
|
Non - current liabilities |
|
|
|
Financial Liabilities |
|
|
|
i) Borrowings |
|
71.12 |
|
Provisions |
110.24 |
103.82 |
|
Total Non Current Liabilities |
110.24 |
174.95 |
|
Current Liabilities |
|
|
|
Financial Liabilities |
|
|
|
i) Borrowings |
271.51 |
355.46 |
|
ii) Trade Payable |
|
|
|
(a) total outstanding dues of micro enterprises and small enterprises |
169.59 |
444.41 |
|
(b) total outstanding dues of creditors other than micro enterprises and small enterprises. |
652.63 |
294.23 |
|
iii) Other Financial Liabilities |
294.85 |
250.74 |
|
Provisions |
47.83 |
40.97 |
|
Other Current Liabilities |
359.69 |
276.46 |
|
Total Current Liabilities |
1,796.08 |
1,662.26 |
|
Total Liabilities |
1,906.32 |
1,837.21 |
|
Particulars |
2022 |
2021 |
|
Revenue from operations |
2,866.98 |
3,672.74 |
|
Other income |
59.88 |
11.34 |
|
Total Income |
2,926.86 |
3,684.07 |
|
Expenses |
|
|
|
Cost of materials consumed |
1,441.96 |
2,079.30 |
|
Changes (Increase) / Decrease in inventories of finished goods, work-in-progress |
78.88 |
-33.85 |
|
Employee benefits expense |
830.91 |
832.25 |
|
Financial costs |
101.2 |
76.98 |
|
Depreciation and amortization expense |
10.84 |
11.07 |
|
Other expenses |
305.74 |
372.7 |
|
Total Expenses |
2,769.53 |
3,338.45 |
|
Profit / (Loss) before exceptional items and tax |
157.33 |
345.63 |
|
Profit / (Loss) before tax |
157.33 |
345.63 |
|
Income tax Expenses |
|
|
|
Tax expense relating to prior years |
-0.15 |
|
|
Total Tax Expenses |
-0.15 |
|
|
Profit / (Loss) for the year from continuing operations |
157.47 |
345.63 |
|
Profit / (Loss) for the year from discontinuing operations |
-42.67 |
-126.42 |
|
Tax Expense on discontinued operations |
|
|
|
Profit / (Loss) for the year |
114.8 |
219.21 |
|
Other Comprehensive Income |
|
|
|
Items that will not be classified to the Profit & Loss Account |
|
|
|
Re-measurement Loss on defined benefit plan |
-4.34 |
-6.27 |
|
Re-measurement of investments |
5.88 |
2.54 |
|
Total Comprehensive Income |
116.35 |
215.48 |
|
Earnings per equity share (For continuing operation) |
|
|
|
Basic & Diluted |
0.12 |
0.25 |
|
Earnings per equity share (For discontinued operation) |
|
|
|
Basic & Diluted |
-0.03 |
-0.09 |
|
Earnings per equity share (For discontinued & continuing operation) |
|
|
|
Basic & Diluted |
0.08 |
0.16 |
|
Particulars |
2022 |
2021 |
|
A.Cash flow from operating activities |
|
|
|
Net profit before tax and extraordinary items |
116.2 |
215.48 |
|
Adjustments for: |
|
|
|
Depreciation(net) |
11.85 |
15.07 |
|
Adjustment for remeasurement of investments/ retirement benefits |
-1.55 |
-2.54 |
|
Dividend Income |
-0.31 |
-0.11 |
|
Interest income |
-7.56 |
-8.71 |
|
Interest expenditure |
95.87 |
61.97 |
|
Loss/(profit)on discard/Sale of fixed assets |
-46.08 |
58.46 |
|
Operating profit/(Loss)before working capital changes |
168.43 |
339.62 |
|
Adjustments for changes in : |
|
|
|
Decrease / (increase) in inventories |
129.64 |
83.16 |
|
Decrease / (increase) in trade receivables |
-118.21 |
0.25 |
|
Decrease / (increase) in other assets |
-53.59 |
314.79 |
|
(Decrease) / increase in trade payables |
83.58 |
-449.18 |
|
(Decrease) / increase in other liabilities |
127.34 |
247.45 |
|
(Decrease) / increase in provisions |
8.94 |
18.83 |
|
Cash generated from operations |
346.12 |
554.91 |
|
Income tax paid(net) |
1.01 |
3.98 |
|
Net cash flow from operating activities |
347.13 |
558.89 |
|
Net Cash Flow from/(used in) Operating Activities |
348.14 |
558.89 |
|
B. Cash flow from investing activities |
|
|
|
Purchase of Fixed Assets |
23.04 |
-145.33 |
|
Proceeds from Sale of Fixed Assets |
48.06 |
11.99 |
|
Investment in Shares |
-1.35 |
|
|
Dividend Income |
0.31 |
0.11 |
|
Interest received |
7.56 |
8.71 |
|
Net cash used in investing activities |
31.53 |
-124.52 |
|
C. Cash flow from Financing activities |
|
|
|
Increase in borrowings |
-83.93 |
-370.65 |
|
Increase in Long term borrowings |
-71.12 |
71.12 |
|
Interest & Financial charges |
-95.87 |
-61.97 |
|
Net cash used in Financing activities |
-250.95 |
-361.5 |
|
Net increase/(Decrease)in Cash & Cash equivalents |
127.71 |
72.87 |
|
Cash & Cash equivalents |
|
|
|
Opening balance |
118.32 |
45.45 |
|
Closing balance |
246.04 |
118.32 |
Certainly, here is a summary of the Cash Flow Statement for the years 2022 and 2021:
A. Cash Flow from Operating Activities:
1. Net Profit Before Tax and Extraordinary Items:
In 2022, the net profit before tax and extraordinary items was Rs. 116.2, a significant decrease from the previous year 's Rs. 215.48.
2. Adjustments for Depreciation:
The depreciation (net) amounted to Rs. 11.85 in 2022, compared to Rs. 15.07 in 2021, indicating a decrease in the depreciation expenses.
3. Adjustment for Remeasurement of Investments/Retirement Benefits:**
An adjustment of -Rs. 1.55 in 2022 and -Rs. 2.54 in 2021 was made for the remeasurement of investments/retirement benefits.
4. Dividend Income:
Dividend income, which represents the income earned from investments, was -Rs. 0.31 in 2022 and -Rs. 0.11 in 2021.
5. Interest Income and Expenditure:
Interest income decreased from -Rs. 8.71 in 2021 to -Rs. 7.56 in 2022, while interest expenditure increased from Rs. 61.97 in 2021 to Rs. 95.87 in 2022.
6. Profit/Loss on Discard/Sale of Fixed Assets:
There was a significant change in profit/loss on the discard/sale of fixed assets, decreasing from Rs. 58.46 (profit) in 2021 to -Rs. 46.08 (loss) in 2022.
7. Operating Profit Before Working Capital Changes:
The operating profit before working capital changes declined from Rs. 339.62 in 2021 to Rs. 168.43 in 2022.
8. Adjustments for Changes in Working Capital:
Notable changes in working capital include an increase in inventories, a decrease in trade receivables, a decrease in other assets, an increase in trade payables, an increase in other liabilities, and an increase in provisions.
9. Cash Generated from Operations:
Cash generated from operations decreased from Rs. 554.91 in 2021 to Rs. 346.12 in 2022.
10. Income Tax Paid (Net):
Income tax paid (net) was Rs. 1.01 in 2022, down from Rs. 3.98 in 2021.
11. Net Cash Flow from Operating Activities:
The net cash flow from operating activities was Rs. 347.13 in 2022, compared to Rs. 558.89 in 2021.
12. Net Cash Flow from/(Used in) Operating Activities:
The overall net increase in cash and cash equivalents from operating activities was Rs. 348.14 in 2022, differing from the Rs. 558.89 in 2021.
B. Cash Flow from Investing Activities:
1. Purchase and Sale of Fixed Assets:
Investments in fixed assets amounted to Rs. 23.04 in 2022, contrasting with a negative Rs. 145.33 in 2021. Proceeds from the sale of fixed assets increased from Rs. 11.99 in 2021 to Rs. 48.06 in 2022.
2. Investment in Shares and Dividend Income:
In 2022, there was an investment of -Rs. 1.35 in shares, and dividend income was Rs. 0.31, up from Rs. 0.11 in 2021.
3. Interest Received:
Interest received increased from Rs. 8.71 in 2021 to Rs. 7.56 in 2022.
4. Net Cash Used in Investing Activities:
The net cash used in investing activities was Rs. 31.53 in 2022, compared to a negative Rs. 124.52 in 2021.
C. Cash Flow from Financing Activities:
1. Increase in Borrowings and Long-Term Borrowings:
There was an increase in short-term borrowings of -Rs. 83.93 in 2022, contrasting with -Rs. 370.65 in 2021. Long-term borrowings increased by -Rs. 71.12 in 2022.
2. Interest & Financial Charges:
Interest and financial charges increased from -Rs. 61.97 in 2021 to -Rs. 95.87 in 2022.
3. Net Cash Used in Financing Activities:
The net cash used in financing activities was -Rs. 250.95 in 2022, compared to -Rs. 361.5 in 2021.
Summary of Cash and Cash Equivalents:
1. Net Increase/(Decrease) in Cash and Cash Equivalents:
There was a net increase in cash and cash equivalents of Rs. 127.71 in 2022, compared to Rs. 72.87 in 2021.
2. Opening and Closing Balance of Cash and Cash Equivalents:
The opening balance in 2022 was Rs. 118.32, increasing to a closing balance of Rs. 246.04. In 2021, the opening balance was Rs. 45.45, reaching a closing balance of Rs. 118.32.
3. Net Increase/Decrease in Cash and Cash Equivalents:
The overall change in cash and cash equivalents from the beginning to the end of the period was Rs. 127.71 in 2022 and Rs. 72.87 in 2021.
|
Particulars |
2022 |
2021 |
|
Current Ratio |
0.83 |
0.79 |
|
Debt Equity Ratio |
0.56 |
1.19 |
|
Debt Service coverage ratio |
0.33 |
0.97 |
|
Return on Equity Ratio |
0.28 |
0.25 |
|
Inventory Turnover Ratio |
3.3 |
2.87 |
|
Trade Receivables turnover ratio |
18.62 |
38.65 |
|
Trade Payables turnover ratio |
1.75 |
2 |
|
Net capital turnover ratio |
-9.37 |
-10.32 |
|
Net profit ratio |
0.04 |
0.06 |
|
Return on Capital employed |
0.28 |
0.36 |
|
Return on investment |
0.02 |
0.01 |
Here is a summary of the financial and operational metrics for Namaste Exports Limited for the years 2022 and 2021:
Financial Ratios:
1. Current Ratio:
In 2022, the current ratio was 0.83, indicating a slight improvement from 0.79 in 2021. This suggests the company 's ability to cover its short-term liabilities with its short-term assets.
2. Debt Equity Ratio:
The debt-equity ratio decreased from 1.19 in 2021 to 0.56 in 2022, signifying a redction in financial leverage and a potentially healthier financial structure.
3. Debt Service Coverage Ratio:
The debt service coverage ratio declined from 0.97 in 2021 to 0.33 in 2022, indicating a decrease in the company 's ability to cover its debt obligations from its operating income.
4. Return on Equity (ROE) Ratio:
The return on equity ratio increased from 0.25 in 2021 to 0.28 in 2022, suggesting a slightly better return for shareholders ' equity.
5. Inventory Turnover Ratio:
The inventory turnover ratio improved from 2.87 in 2021 to 3.3 in 2022, indicating more efficient management of inventory.
6. Trade Receivables Turnover Ratio:
The trade receivables turnover ratio decreased significantly from 38.65 in 2021 to 18.62 in 2022, which may suggest a change in the company 's credit policies or payment terms.
7. Trade Payables Turnover Ratio:
The trade payables turnover ratio decreased from 2 in 2021 to 1.75 in 2022, indicating a potential increase in the time taken to pay trade payables.
8. Net Capital Turnover Ratio:
The net capital turnover ratio improved from -10.32 in 2021 to -9.37 in 2022, suggesting better utilization of capital despite still being negative.
9. Net Profit Ratio:
The net profit ratio decreased from 0.06 in 2021 to 0.04 in 2022, indicating a lower percentage of profit for each rupee of sales.
10. Return on Capital Employed (ROCE) Ratio:
The return on capital employed decreased from 0.36 in 2021 to 0.28 in 2022, indicating a decrease in the efficiency of capital utilization.
11. Return on Investment (ROI) Ratio:
The return on investment increased from 0.01 in 2021 to 0.02 in 2022, reflecting a slight improvement in the return on investment.
