| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Pincon Spirit Limited |
|
Particulars |
2017 |
2016 |
|
EQUITY AND LIABILITIES |
||
|
Shareholder’s Funds |
440,860,000.00 |
210,430,000.00 |
|
Share Capital |
1,028,638,153.00 |
712,041,264.00 |
|
Reserves and Surplus |
64,028,453.00 |
62,834,930.00 |
|
Non-Current Liabilities |
||
|
Long Term Borrowings |
653,586,942.00 |
626,659,047.00 |
|
Current Liabilities |
||
|
Short-Term Borrowings |
2,314,093,840.00 |
1,916,797,165.00 |
|
Trade Payables |
215,228,277.00 |
70,901,368.00 |
|
Other Current Liabilities |
423,414,951.00 |
151,725,837.00 |
|
Short-Term Provisions |
446,909,228.00 |
360,428,237.00 |
|
TOTAL |
5,586,759,844.00 |
4,111,817,848.00 |
|
ASSETS |
||
|
Non-Current Assets |
||
|
Fixed Assets |
||
|
Tangible Assets |
368,070,542.00 |
199,194,252.00 |
|
Capital Working in Progress |
48,139,360.00 |
40,116,135.00 |
|
Intangible Assets |
84,567,144.00 |
88,272,805.00 |
|
Long-Term Loans and Advances |
304,964,983.00 |
193,697,677.00 |
|
Deferred Tax Assets (Net) |
7,776,928.00 |
9,461,294.00 |
|
Miscellaneous Expenditure |
5,503,297.00 |
3,149,468.00 |
|
Current Assets |
||
|
Inventories |
2,096,942,642.00 |
2,009,006,501.00 |
|
Trade Receivables |
2,085,548,483.00 |
1,131,439,390.00 |
|
Cash and Cash Equivalents |
5,121,921.00 |
4,904,913.00 |
|
Other Current Assets |
580,124,544.00 |
432,575,413.00 |
|
TOTAL |
5,586,759,844.00 |
4,111,817,848.00 |
|
Particulars |
2017 |
2016 |
|
INCOME |
||
|
Revenue from Operations |
15,617,237,926 |
9,879,532,728 |
|
Total Revenue (1) |
15,617,237,926 |
9,879,532,728 |
|
EXPENSES |
||
|
Cost of Materials Consumed |
7,203,873,663 |
3,301,544,908 |
|
Purchases |
6,129,664,172 |
6,155,557,100 |
|
Change In Inventories (Increase)/Decrease |
784,168,380 |
-550,760,310 |
|
Employee Benefit Expenses |
56,382,839 |
49,492,410 |
|
Other Expenses |
486,550,712 |
341,603,847 |
|
Finance Costs |
258,576,427 |
167,006,772 |
|
Depreciation and Amortization Expenses |
29,534,512 |
23,079,995 |
|
Miscellaneous Expenses |
1,396,171 |
646,171 |
|
Total Expenses (2) |
14,950,146,876 |
9,488,170,893 |
|
Profit before Tax (1-2)=3 |
667,091,050 |
391,361,835 |
|
Tax Expense: 4 |
||
|
1) Current tax |
224,632,155 |
131,765,531 |
|
2) Deferred Tax Liability/(Assets) |
1,684,366 |
1,616,453 |
|
3) Minority Interest (Post Subsidiary) |
1,193,523 |
2,932,873 |
|
Profit/ (Loss) for the Period (3-4) |
439,581,006 |
255,046,978 |
|
Earnings per equity share of face value of H10 each |
||
|
1) Basic |
11.36 |
17.31 |
|
2) Diluted |
9.97 |
12.12 |
|
Particulars |
2017 |
2016 |
|
A. CASH FLOW FROM OPERATING ACTIVITIES: |
||
|
Net Profit before tax |
667,091,050 |
391,361,835 |
|
Adjustments for: |
||
|
Depreciation |
29,534,512 |
23,079,995 |
|
Interest Paid |
258,576,427 |
167,006,772 |
|
Miscellaneous Expenses |
1,396,171 |
646,171 |
|
Operating Profit before Working capital changes |
956,598,160 |
582,094,773 |
|
Adjustments for: |
||
|
(Increase) / Decrease in Inventories |
-87,936,141 |
-1,189,935,730 |
|
(Increase)/ Decrease in Account Receivables |
-954,109,093 |
-2,409,585 |
|
(Increase)/ Decrease in Loans & Advances |
-147,549,131 |
-175,505,643 |
|
Increase/ (Decrease) in Account Payables |
502,497,014 |
221,222,411 |
|
Cash Generated from Operations |
269,500,809 |
-564,533,774 |
|
Tax |
-224,632,155 |
-131,765,531 |
|
Net Cash from Operating Activities |
44,868,654 |
-696,299,305 |
|
B. CASH FLOW FROM INVESTING ACTIVITIES: |
||
|
Tangible Assets |
-198,410,802 |
-22,054,401 |
|
Intangible Assets |
3,705,661 |
- |
|
Capital Working in Progress |
-8,023,225 |
-40,116,135 |
|
Long-Term Loans and Advances |
-111,267,306 |
-190,814,560 |
|
Miscellaneous Expenses |
-3,750,000 |
-3,724,946 |
|
Net Cash from Investing Activities |
-317,745,672 |
-256,710,042 |
|
C. CASH FLOW FROM FINANCING ACTIVITIES: |
||
|
Proceeds of Equity Share |
- |
135,000,000 |
|
Proceeds of Equity Share Warrants |
135,000,000 |
- |
|
Proceeds of Unsecured Loans |
-6,250,000 |
4,750,000 |
|
Proceeds of Secured Loans |
430,474,570 |
998,917,544 |
|
Interest Paid |
-258,576,427 |
-167,006,772 |
|
Dividends paid (including corporate dividend tax) |
-27,554,117 |
-24,950,509 |
|
Net Cash from Financing Activities |
273,094,026 |
946,710,263 |
|
Net Increase/(Decrease) in Cash and Cash equivalents |
217,008 |
-6,299,084 |
|
Cash and Cash equivalents as at the beginning of the year (Opening Balance) |
4,904,913 |
11,203,997 |
|
Cash and Cash equivalents as at the end of the year (Closing Balance) |
5,121,921 |
4,904,913 |
A. Cash Flow from Operating Activities:
- Net profit before tax increased significantly from 391,361,835 in 2016 to 667,091,050 in 2017.
- Operating profit before working capital changes showed a notable rise, reaching 956,598,160 in 2017.
- Cash generated from operations improved significantly from -564,533,774 in 2016 to 269,500,809 in 2017.
- Adjustments for factors such as depreciation, interest paid, and miscellaneous expenses contributed to the positive operating cash flow.
- Despite positive cash generated from operations, the net cash from operating activities in 2017 was 44,868,654, indicating an overall recovery from the negative cash flow of -696,299,305 in 2016.
B. Cash Flow from Investing Activities:
- Net cash from investing activities was -317,745,672 in 2017, reflecting increased outflows compared to -256,710,042 in 2016.
- Investments in tangible assets, intangible assets, capital working in progress, long-term loans and advances, and miscellaneous expenses contributed to the negative cash flow from investing activities.
C. Cash Flow from Financing Activities:
- Net cash from financing activities decreased from 946,710,263 in 2016 to 273,094,026 in 2017.
- The company received proceeds from equity share warrants and secured loans, contributing to positive cash flow.
- Dividends paid, including corporate dividend tax, and interest payments resulted in cash outflows in financing activities.
Overall Summary:
- The company experienced positive trends in operating activities, reflected in increased net profit and operating profit.
- Cash flow from operations showed a significant improvement in 2017 compared to the previous year, contributing to a positive net cash flow.
- Investing activities resulted in increased outflows, mainly due to investments in various assets.
- Financing activities saw a decrease in net cash inflow, influenced by changes in equity, loans, and dividend payments.
- The overall change in cash and cash equivalents in 2017 was positive, with an increase of 217,008 compared to a decrease of -6,299,084 in 2016.
- The closing balance of cash and cash equivalents at the end of 2017 was 5,121,921, compared to the opening balance of 4,904,913 at the beginning of the year.
|
Particulars |
2016 |
|
EBITDA |
72.09 % |
|
Net worth |
65.61 % |
|
Debt/Equity Ratio |
2.95 |
|
Return on Equity |
27.46% |
|
Total Assets |
70.83 % |
|
Fixed Assets |
22.20 % |
|
Current Assets |
70.90 % |
|
Current Liabilities |
108.65 % |
|
Trade Receivables |
1.74 % |
|
Trade Payables |
106.05 % |
|
Current Ratio |
1.39 |
Financial Ratios Summary:
1. EBITDA Margin:
- EBITDA margin in 2016 was 72.09%, indicating that the company generated a substantial operating profit relative to its revenue.
2. Net Worth:
- The net worth of the company stood at 65.61%, reflecting the proportion of equity in the capital structure. This indicates a healthy level of ownership by shareholders.
3. Debt/Equity Ratio:
- The debt/equity ratio was 2.95, suggesting a higher reliance on debt to finance operations compared to equity. A higher ratio may pose higher financial risk.
4. Return on Equity (ROE):
- The return on equity was 27.46%, indicating that the company generated a solid return for its shareholders in 2016.
5. Asset Utilization:
- Total assets utilization was 70.83%, suggesting efficient use of assets to generate revenue.
6. Fixed Assets Percentage:
- Fixed assets represented 22.20% of total assets, providing insight into the composition of the asset base.
7. Current Assets and Liabilities:
- Current assets accounted for 70.90% of the total assets, indicating a significant portion of assets available for short-term needs.
- Current liabilities were relatively high at 108.65%, possibly indicating a higher short-term obligation compared to assets.
8. Trade Receivables and Payables:
- Trade receivables were at 1.74%, suggesting effective management of accounts receivable.
- Trade payables were high at 106.05%, indicating a significant reliance on trade credit.
9. Current Ratio:
- The current ratio was 1.39, reflecting the company 's ability to cover short-term liabilities with its short-term assets.
