| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| National Commodity And Derivatives Exchange Limited |
|
Particulars |
31st March 2022 |
31st March 2021 |
31st March 2020 |
|
Non-Current Assets: |
|
|
|
|
Fixed Assets |
81.31 |
77.81 |
87.32 |
|
Property, Plant and Equipment |
30.42 |
21.2 |
15 |
|
Capital Work in Progress |
0 |
0 |
1.17 |
|
Intangible Assets |
44.65 |
49.08 |
67.35 |
|
Intangible Assets under Development |
6.24 |
7.53 |
3.8 |
|
Financial Assets : |
|
|
|
|
Investments - Long-term |
45.81 |
36.54 |
33.93 |
|
Others Financial Assets - Long-term |
76.02 |
35.09 |
63.14 |
|
Other Non-current Assets |
0.5 |
0.43 |
45.59 |
|
Deferred Tax Assets (Net) |
30.48 |
23.66 |
16.61 |
|
Total Reported Non-current Assets |
234.12 |
173.53 |
246.59 |
|
Current Assets: |
|
|
|
|
Financial Assets : |
|
|
|
|
Current Investments |
36.3 |
79.17 |
37.03 |
|
Trade Receivables |
28.91 |
31.42 |
32.26 |
|
Cash and Cash Equivalents |
116.18 |
252.94 |
120.73 |
|
Bank Balances Other Than Cash and Cash Equivalents |
437.33 |
465.71 |
480.2 |
|
Others Financial Assets - Short-term |
30.39 |
28.42 |
42.81 |
|
Current Tax Assets - Short-term |
24.22 |
17.96 |
0 |
|
Other Current Assets |
23.89 |
25.05 |
26.35 |
|
Total Current Assets |
697.22 |
900.67 |
739.38 |
|
Total Assets |
931.34 |
1,074.20 |
985.97 |
|
EQUITY AND LIABILITIES |
|
|
|
|
Share Capital |
50.68 |
50.68 |
50.68 |
|
Other Equity |
455.04 |
456.07 |
457.09 |
|
Minority Interest |
20.01 |
20.92 |
22.9 |
|
Total Equity |
526.04 |
527.67 |
530.67 |
|
Non-Current Liabilities: |
|
|
|
|
Others Financial Liabilities - Long-term |
27.22 |
15.24 |
8.99 |
|
Long-term Provisions |
5.56 |
4.78 |
2.94 |
|
Total Reported Non-current Liabilities |
32.78 |
20.02 |
11.93 |
|
Current Liabilities: |
|
|
|
|
Trade Payables |
11.53 |
11.8 |
17.59 |
|
Others Financial Liabilities - Short-term |
337.92 |
491.1 |
412.11 |
|
Provisions |
1.88 |
1.71 |
2.28 |
|
Other Current Liabilities |
21.19 |
21.9 |
11.39 |
|
Total Current Liabilities |
372.52 |
526.51 |
443.37 |
|
Total Equity and Liabilities |
931.34 |
1,074.20 |
985.97 |
|
Particulars |
2022 |
2021 |
2020 |
|
Revenue From Operations |
115.33 |
112.79 |
131.84 |
|
Other Income |
39.04 |
36.11 |
42.75 |
|
Total Revenue |
154.37 |
148.9 |
174.59 |
|
EXPENSES: |
|
|
|
|
Employee Benefits / Salaries & Other Staff Cost |
81.35 |
72.26 |
68.95 |
|
Finance Cost |
1.88 |
1.02 |
1.5 |
|
Depreciation and Amortization |
24.24 |
24.78 |
25.72 |
|
Profit Before Exceptional Items and Tax |
-22.51 |
-23.76 |
-3.38 |
|
Exceptional Items Before Tax |
0 |
-1.04 |
-3.77 |
|
Profit Before Extraordinary Items and Tax |
-22.51 |
-24.8 |
-7.15 |
|
Profit Before Tax |
-22.51 |
-24.8 |
-7.15 |
|
Tax Expenses |
-4.61 |
-6.48 |
-6.06 |
|
Current Tax |
1.84 |
3.66 |
4.34 |
|
Deferred Tax |
-6.45 |
-10.14 |
-10.4 |
|
Profit After Tax |
-17.9 |
-18.32 |
-1.09 |
|
Earnings Per Share - Basic |
-2.72 |
-4.91 |
0.96 |
|
Earnings Per Share - Diluted |
-2.72 |
-4.91 |
0.96 |
|
Particulars |
31st March 2022 |
31st March 2021 |
31st March 2020 |
|
Cash Flow Summary |
|
|
|
|
Cash and Cash Equivalents at the Beginning of the year |
252.94 |
120.73 |
78.48 |
|
Net Cash from Operating Activities |
-180.59 |
93.68 |
67.79 |
|
Net Profit before Tax & Extraordinary Items |
-22.51 |
-24.8 |
-7.15 |
|
Depreciation |
24.24 |
24.78 |
25.72 |
|
Interest (Net) |
-23.84 |
-25.17 |
-31.45 |
|
Prov. & W/O (Net) |
0 |
0.05 |
-2.91 |
|
Others |
1.96 |
2.52 |
29.78 |
|
Total Adjustments (PBT & Extraordinary Items) |
2.36 |
2.18 |
21.14 |
|
Op. Profit before Working Capital Changes |
-20.15 |
-22.62 |
13.99 |
|
Trade & other receivables |
1.28 |
0.74 |
-14.73 |
|
Trade Payables |
-4.96 |
-2.8 |
4.4 |
|
Others |
-146 |
91.42 |
78.81 |
|
Total (OP before Working Capital Changes) |
-149.68 |
89.36 |
68.48 |
|
Cash Generated from/(used in) Operations |
-169.83 |
66.74 |
82.47 |
|
Direct Taxes Paid |
-8.04 |
29.15 |
-10.55 |
|
Total-others |
-8.04 |
29.15 |
-10.55 |
|
Cash Flow before Extraordinary Items |
-177.87 |
95.89 |
71.92 |
|
Others |
-2.72 |
-2.21 |
-4.13 |
|
Net Cash Used in Investing Activities |
52.07 |
48.35 |
-13.67 |
|
Purchased Fixed Assets |
-14.39 |
-12.6 |
-10.95 |
|
Sale of Fixed Assets |
1.03 |
0.17 |
0.01 |
|
Purchase of Investments |
-1437.59 |
-2654.87 |
-6815.69 |
|
Sale of Investments |
1479.3 |
2634.07 |
6836.55 |
|
Interest Received |
37.84 |
38.33 |
42.42 |
|
Dividend Received |
0 |
1 |
0.7 |
|
Others |
-14.12 |
42.25 |
-66.71 |
|
Net Cash Used in Financing Activities |
-8.26 |
-9.82 |
-11.87 |
|
Proceeds from the Issue of shares (incl. share premium) |
0.03 |
0.06 |
0 |
|
Of financial Liabilities |
-6.17 |
-8 |
-8.92 |
|
Dividend Paid |
-2.42 |
-1.88 |
-2.28 |
|
Others |
0.3 |
0 |
-0.67 |
|
Net Cash Used in Financing Activities |
-8.26 |
-9.82 |
-11.87 |
|
Net Inc/(Dec) in Cash and Cash Equivalent |
-136.78 |
132.21 |
42.25 |
|
Cash and Cash Equivalents at the End of the year |
116.16 |
252.94 |
120.73 |
Summary of National Commodity And Derivatives Exchange Limited Consolidated Cash Flow Statement:
1. Cash Flow from Operating Activities:
- Net cash from operating activities was negative, indicating cash outflow, amounting to Rs. -180.59 crore in the year ending March 31, 2022, Rs. 93.68 crore in the year ending March 31, 2021, and Rs. 67.79 crore in the year ending March 31, 2020.
- Net profit before tax and extraordinary items was negative, indicating a loss, amounting to Rs. -22.51 crore in the year ending March 31, 2022, Rs. -24.8 crore in the year ending March 31, 2021, and Rs. -7.15 crore in the year ending March 31, 2020.
- Depreciation expenses and net interest expenses were incurred and adjusted for in each year.
- Provision and write-off adjustments, and other adjustments were made.
- Cash generated from operations before working capital changes was negative, amounting to Rs. -149.68 crore in the year ending March 31, 2022, Rs. 89.36 crore in the year ending March 31, 2021, and Rs. 68.48 crore in the year ending March 31, 2020.
- Working capital changes, including trade receivables, trade payables, and other items, contributed to the cash flow from operating activities.
2. Cash Flow from Investing Activities:
- Net cash used in investing activities was negative, indicating cash outflow, amounting to Rs. 52.07 crore in the year ending March 31, 2022, Rs. 48.35 crore in the year ending March 31, 2021, and Rs. -13.67 crore in the year ending March 31, 2020.
- Activities include the purchase and sale of fixed assets and investments.
3. Cash Flow from Financing Activities:
- Net cash used in financing activities was negative, indicating cash outflow, amounting to Rs. -8.26 crore in the year ending March 31, 2022, Rs. -9.82 crore in the year ending March 31, 2021, and Rs. -11.87 crore in the year ending March 31, 2020.
- Activities include proceeds from the issue of shares (including share premium), payments related to financial liabilities, dividend payments, and other items.
4. Net Increase/ (Decrease) in Cash and Cash Equivalents:
- There was a decrease in cash and cash equivalents of Rs. -136.78 crore in the year ending March 31, 2022, an increase of Rs. 132.21 crore in the year ending March 31, 2021, and an increase of Rs. 42.25 crore in the year ending March 31, 2020.
- Cash and cash equivalents at the beginning of the year were Rs. 252.94 crore in the year ending March 31, 2022, Rs. 120.73 crore in the year ending March 31, 2021, and Rs. 78.48 crore in the year ending March 31, 2020.
- Cash and cash equivalents at the end of the year were Rs. 116.16 crore in the year ending March 31, 2022, Rs. 252.94 crore in the year ending March 31, 2021, and Rs. 120.73 crore in the year ending March 31, 2020.
|
Particulars |
Mar-22 |
Mar-21 |
Mar-20 |
|
Sources of funds |
|
|
|
|
Cash profit |
5.34 |
2.28 |
24.02 |
|
Increase in other net worth |
19.72 |
19.84 |
50.34 |
|
Increase in loan funds |
12.76 |
8.09 |
10.3 |
|
Decrease in investments |
33.6 |
0 |
0.07 |
|
Decrease in working capital |
0 |
30.15 |
0 |
|
Total Inflow |
71.42 |
60.36 |
84.73 |
|
Application of funds |
|
|
|
|
Increase in gross block |
26.74 |
11.09 |
34.59 |
|
Increase in investments |
0 |
44.75 |
0 |
|
Increase in working capital |
41.23 |
0 |
44.96 |
|
Dividend |
2.54 |
2.54 |
2.53 |
|
Total Outflow |
70.51 |
58.38 |
82.08 |
|
Particulars |
2022 |
2021 |
2020 |
|
Key Ratios |
|
|
|
|
Current Ratio |
1.7 |
1.61 |
1.72 |
|
Turnover Ratios |
|
|
|
|
Fixed Assets Turnover Ratio |
0.84 |
0.9 |
1.2 |
|
Debtors Turnover Ratio |
5.12 |
4.68 |
6.95 |
|
Total Asset Turnover Ratio |
0.27 |
0.27 |
0.33 |
|
Interest Cover Ratio |
-10.97 |
-23.31 |
-1.21 |
|
PBIDTM (%) |
2.34 |
0.67 |
13.69 |
|
PBITM (%) |
-13.36 |
-15.97 |
-1.04 |
|
PBDTM (%) |
1.12 |
-0.01 |
12.84 |
|
CPM (%) |
4.11 |
4.34 |
16.31 |
|
APATM (%) |
-11.6 |
-12.3 |
1.58 |
|
ROCE (%) |
-3.87 |
-4.54 |
-0.37 |
|
RONW (%) |
-3.53 |
-3.61 |
0.57 |
|
Payout (%) |
-14.19 |
-13.86 |
-157.14 |
Summary of Key Financial Ratios of NCDEX:
1. Current Ratio:
The current ratio, which measures the company 's ability to meet its short-term obligations, has been relatively stable over the three years. In 2022, the current ratio stood at 1.7, slightly higher than 1.61 in 2021 and 1.72 in 2020. These ratios indicate that the company has sufficient current assets to cover its short-term liabilities, suggesting a satisfactory level of liquidity for meeting immediate financial commitments.
2. Turnover Ratios:
- Fixed Assets Turnover Ratio: The fixed assets turnover ratio has shown a decreasing trend from 1.2 in 2020 to 0.84 in 2022. This decline suggests that the company 's ability to generate revenue from its fixed assets has weakened over the years, potentially indicating underutilization or a decrease in demand for its services.
- Debtors Turnover Ratio: On a positive note, the debtors’ turnover ratio has increased from 4.68 in 2021 to 5.12 in 2022, indicating improved efficiency in collecting cash from debtors. A higher debtor turnover ratio implies that the company is managing its accounts receivable more effectively.
- Total Asset Turnover Ratio: The total asset turnover ratio has remained relatively stable at around 0.27 over the three years. This suggests a consistent level of revenue generation concerning the company 's total assets.
3. Interest Cover Ratio:
The interest cover ratio has shown a concerning trend, moving from -1.21 in 2020 to -10.97 in 2022. A negative interest cover ratio indicates that the company 's operating profit is insufficient to cover its interest expenses, which can be a sign of financial distress.
4. Profitability Ratios:
- PBIDTM (%): The PBIDTM (Profit before Interest, Depreciation, and Tax Margin) has improved from 0.67% in 2021 to 2.34% in 2022. This indicates that the company 's operational profitability has increased, but it remains at a relatively low level.
- PBITM (%): The PBITM (Profit before Interest and Tax Margin) has shown a declining trend over the years, moving from -1.04% in 2020 to -13.36% in 2022. This suggests that the company is experiencing losses before considering interest and taxes.
- PBDTM (%): The PBDTM (Profit before Depreciation and Tax Margin) has improved from -0.01% in 2021 to 1.12% in 2022, indicating that the company has been able to generate profits after considering depreciation.
- CPM (%): The CPM (Cost to Profit Margin) has remained relatively stable around 4% over the years, showing consistent cost management by the company.
- APATM (%): The APATM (After Profit after Tax Margin) has been negative over the three years, indicating net losses for the company.
5. Return Ratios:
- ROCE (%): The Return on Capital Employed (ROCE) has shown a declining trend, indicating a decrease in the company 's ability to generate profits from its capital investments.
- RONW (%): The Return on Net worth (RONW) has also declined over the years, indicating a decreasing profitability in relation to shareholders ' equity.
6. Payout (%): The payout ratio has shown negative values over the three years, suggesting that the company is not paying dividends to its shareholders and potentially reinvesting its earnings back into the business.
|
Particulars |
2022 |
2021 |
2020 |
2019 |
|
Dividend (final + interim) (In Rs.) |
Nil |
Nil |
Nil |
Nil |
Revenue from Operations increased by 2.25% from Rs. 112.79 Crore in FY 2021 to Rs. 115.33 Crore in FY 2022.
