| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Otis Elevator Company India Ltd |
|
Particulars |
As at 31 March 2023 |
As at 31 March 2022 |
|
ASSETS |
|
|
|
Non current assets |
|
|
|
Property, Plant, and Equipment |
50.11 |
52.23 |
|
Right of Use assets |
30.75 |
21.86 |
|
Capital Work in Progress |
6.60 |
2.60 |
|
Intangible assets |
6.84 |
4.46 |
|
Intangible assets under development |
- |
0.87 |
|
Financial Assets |
|
|
|
i) Trade Receivables |
4.77 |
2.26 |
|
ii) Loans |
22.39 |
25.02 |
|
iii) Other financial assets |
7.16 |
7.77 |
|
Deferred Tax Assets (Net) |
66.31 |
73.80 |
|
Income tax assets (Net) |
0.13 |
0.15 |
|
Other Non-Current Assets |
64.57 |
64.25 |
|
Total non current assets |
259.63 |
255.27 |
|
Current Assets |
|
|
|
Inventories |
264.85 |
247.74 |
|
Financial Assets |
|
|
|
i) Trade Receivables |
455.44 |
418.55 |
|
ii) Cash and Cash Equivalents |
539.47 |
535.38 |
|
iii) Bank balance other than above |
10.66 |
7.74 |
|
iv) Loans |
0.57 |
0.55 |
|
v) Other financial assets |
26.80 |
16.94 |
|
Income tax assets (Net) |
48.37 |
38.68 |
|
Other current assets |
150.60 |
136.74 |
|
Assets held for sale |
- |
- |
|
Total current assets |
1,496.76 |
1,402.32 |
|
Total Assets |
1,756.39 |
1,657.59 |
|
EQUITY AND LIABILITIES |
|
|
|
EQUITY |
|
|
|
a) Equity Share capital |
11.81 |
11.81 |
|
b) Other equity |
207.19 |
225.89 |
|
Total Equity |
219.00 |
237.70 |
|
LIABILITIES |
|
|
|
Non-current Liabilities |
|
|
|
Financial liabilities |
|
|
|
i) Lease Liabilities |
6.55 |
13.32 |
|
Other non-current liabilities |
30.26 |
22.10 |
|
Provisions |
70.90 |
80.38 |
|
Total non current liabilities |
107.71 |
115.80 |
|
Current liabilities |
|
|
|
Financial liabilities |
|
|
|
i) Lease Liabilities |
27.03 |
11.01 |
|
ii) Trade payables |
|
|
|
Total outstanding dues of micro and small Enterprises |
33.07 |
25.50 |
|
Total outstanding dues of creditors other than micro and small enterprises |
492.91 |
465.23 |
|
iii) Other financial liabilies |
38.30 |
38.31 |
|
Other current liabilities |
750.40 |
658.02 |
|
Provisions |
87.97 |
106.02 |
|
Total current liailities |
1,429.68 |
1,304.09 |
|
Total liabilities |
1,537.39 |
1,419.89 |
|
Total Equity and liabilities |
1,756.39 |
1,657.59 |
Otis Elevator Company (India) Limited Profit & Loss Statement (In Rs. Crores)
|
PARTICULARS |
2023 |
2022 |
|
Revenue from Operations |
2,435.00 |
1,947.28 |
|
Other Income |
46.33 |
45.16 |
|
Total Income |
2,481.33 |
1,992.44 |
|
Expenses |
|
|
|
Cost of Materials Consumed |
1,302.30 |
998.69 |
|
Employee Benefits Expense |
445.44 |
391.78 |
|
Finance Cost |
6.58 |
4.09 |
|
Depreciation and Amortisation Expense |
27.65 |
29.54 |
|
Other Expense |
486.60 |
369.74 |
|
Total Expenses |
2,268.57 |
1,793.84 |
|
Profit before Tax |
212.76 |
198.60 |
|
Tax Expense |
|
|
|
1) Current Tax |
49.00 |
49.26 |
|
2) Deferred Tax |
7.98 |
3.66 |
|
3) Current tax relating to earlier years |
1.07 |
-0.74 |
|
Profit for the year |
154.71 |
146.42 |
|
Other comprehensive income |
|
|
|
i) Items that will not be classified to profit or loss |
|
|
|
Actuarial (lossess) arising from remeasurement of post employment benefit obligation |
-2.40 |
-0.24 |
|
Income Tax Relating to items that will not be reclassified to profit or loss |
0.60 |
0.07 |
|
Items that will be reclassifed subsequently to profit or loss: |
- |
- |
|
Exchange differences in translating foreign operations |
0.43 |
0.04 |
|
Income Tax Relating to items that will be subsequently reclassified to profit or loss |
-0.11 |
-0.01 |
|
Other Comprehensive loss for the year , net of tax |
-1.48 |
-0.14 |
|
Total Comprehensive Income for the year |
153.23 |
146.28 |
|
Earnings per Equity share (Face Value Per Share) |
|
|
|
a) Basic (Rs.) |
131.02 |
124.00 |
|
b) Diluted (Rs.) |
131.02 |
124.00 |
|
Particulars |
31st March 2023 |
31 March 2022 |
|
A. Cash Flow from Operating Activities |
|
|
|
Profit/(Loss) Before Tax |
212.76 |
198.60 |
|
Adjustments for: |
|
|
|
Depreciation and amortisation expenses |
27.65 |
29.54 |
|
Provision for other financial assets |
0.12 |
-4.49 |
|
Provision for other current assets |
0.79 |
- |
|
Unrealised loss on fluctuation in foreign exchange(net) |
0.43 |
0.90 |
|
Interest on lease liability |
4.09 |
3.38 |
|
Interest income on |
|
|
|
i) Deposits with Bank |
-19.03 |
-14.05 |
|
ii) Income tax refund |
-0.79 |
-0.01 |
|
iii) Loans to related parties |
-1.69 |
-2.51 |
|
iv) Others |
-0.01 |
-0.37 |
|
Loss on sale /discard of property plant & equipment |
0.17 |
0.09 |
|
Provision for product upgradation no longer required written back (net) |
- |
-0.44 |
|
Provision for contingency / write back of provision for contingency (net) |
-4.78 |
-6.41 |
|
Liabilities no longer required written back |
-0.48 |
-1.89 |
|
Bad debts provision utilised |
-6.51 |
-8.39 |
|
Interest due on micro and small enterprises |
1.07 |
0.71 |
|
Unwinding of Interest on deposits/retention money/employee loans |
-1.44 |
-0.64 |
|
Share based payments to employees |
5.19 |
3.06 |
|
Mark to market on foreign exchange forward contracts |
1.53 |
1.32 |
|
Cash generated from operations before working capital changes |
219.07 |
198.40 |
|
Working capital changes |
|
|
|
Inventories |
-17.11 |
-89.07 |
|
Trade receivables - non current |
-1.48 |
-0.09 |
|
Trade receivables - current |
-35.65 |
-3.56 |
|
Trade payables |
34.66 |
126.34 |
|
Other current financial asset |
-10.12 |
-4.53 |
|
Current Loans |
-0.02 |
-0.08 |
|
Other non current assets |
10.35 |
0.59 |
|
Other Current Assets |
-14.64 |
-60.80 |
|
Non current provision |
-4.70 |
-6.55 |
|
Current Provision |
-20.45 |
5.88 |
|
Other current financial liabilities |
0.26 |
1.42 |
|
Other non current liabilities |
8.16 |
-6.21 |
|
Other non current financial assets |
0.98 |
0.27 |
|
Non current Loans |
0.13 |
-0.01 |
|
Other current liabilities |
92.38 |
103.99 |
|
Operating profit after working capital changes |
261.82 |
265.99 |
|
Income tax paid, net of refunds |
-59.73 |
-72.80 |
|
Net cash generated from operating activities |
202.09 |
193.19 |
|
Cash flows from investing activities |
|
|
|
Purchase of property, plant and equipment |
-22.21 |
-8.79 |
|
Proceeds from sale of property, plant & equipment |
- |
0.66 |
|
Loans repaid by related parties |
2.50 |
- |
|
Interest income |
20.42 |
19.45 |
|
Decrease/(increase) in other bank balances |
-2.92 |
-0.32 |
|
Net cash used in investing activities |
-2.21 |
11.00 |
|
Cash flows from financing activities |
|
|
|
Dividend paid |
-177.27 |
-159.13 |
|
Repayment of principal lease liability |
-14.43 |
-12.59 |
|
Increase in lease liabilities |
-4.09 |
-3.38 |
|
Net cash used in financing activities |
-195.79 |
-175.10 |
|
Net increase/ (decrease) in cash and cash equivalent (A+B+C) |
4.09 |
29.09 |
|
Add: Cash and Cash Equivalent at beginning of year |
535.38 |
506.29 |
|
Cash and cash equivalents as at end of year |
539.47 |
535.38 |
|
Cash and Cash Equivalent comprise the following |
|
|
|
Cheques on hand |
2.51 |
0.25 |
|
Balance with bank |
|
|
|
In Current Account |
80.32 |
106.46 |
|
Deposits with original maturity of less than three months |
456.64 |
428.67 |
|
Total |
539.47 |
535.38 |
|
Particulars |
31-Mar-23 |
31-Mar-22 |
|
Current Ratio (in times) |
1.05 |
1.08 |
|
Debt-Equity Ratio (in times) |
0.14 |
0.1 |
|
Debt Service Coverage Ratio (in times) |
10.45 |
11.65 |
|
Return on Equity Ratio (in %) |
13.20% |
12.44% |
|
Inventory Turnover Ratio (in times) |
5.09 |
4.93 |
|
Trade Receivables Turnover Ratio (in times) |
5.53 |
4.72 |
|
Trade Payable Turnover Ratio (in times) |
2.6 |
2.55 |
|
Net Capital Turnover Ratio (in times) |
35.32 |
19.56 |
|
Net Profit Ratio (in %) |
0.09% |
0.10% |
|
Return on investment |
5.04% |
3.20% |
|
Return on Capital Employed Ratio (in %) |
100.56% |
84.91% |
|
Particulars |
2023 |
2022 |
2021 |
|
Dividend per Share |
150 |
100 |
150 |
|
Retained Earnings (In Rs. Crores) |
510.63 |
180.6 |
193.76 |
Liquidity:
Profitability:
Leverage:
Return on Equity (ROE):
Earnings per Share (EPS):
