| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Rakan Steels Limited |
|
Particulars |
2023 |
2022 |
|
ASSETS |
|
|
|
Non-Current Assets |
|
|
|
Property, Plant and Equipment |
2,29,86,809 |
1,42,58,341 |
|
Capital Work-in-Progress |
- |
- |
|
Financial Assets |
|
|
|
Investments |
- |
- |
|
Loan |
- |
- |
|
Other Financial Assets |
- |
- |
|
Deferred Tax Assets (Net) |
1,35,192 |
1,62,996 |
|
Other Non-Current Assets |
4,73,667 |
4,73,667 |
|
|
|
|
|
Current Assets |
|
|
|
Inventories |
7,02,36,473 |
7,32,84,935 |
|
Financial Assets |
|
|
|
Investments |
- |
- |
|
Trade Receivables |
3,26,19,566 |
3,30,42,143 |
|
Cash and Cash Equivalents |
24,91,427 |
32,02,958 |
|
|
|
|
|
Bank Balances other than Cash and Cash equivalents |
- |
- |
|
Loans |
- |
- |
|
Other Financial Assets |
- |
- |
|
Current Tax Assets (Net) |
7,51,055 |
50,000 |
|
Other Current Assets |
12,70,097 |
24,99,480 |
|
|
|
|
|
TOTAL ASSETS |
13,09,64,286 |
12,69,74,520 |
|
EQUITY AND LIABILITIES |
|
|
|
Equity |
|
|
|
Equity Share Capital |
3,24,00,000 |
3,24,00,000 |
|
Other Equity |
1,58,51,435 |
1,50,95,719 |
|
|
4,82,51,435 |
4,74,95,719 |
|
Liabilities |
|
|
|
Non-Current Liabilities |
|
|
|
Financial Liabilities |
|
|
|
Borrowings |
6,00,02,914 |
5,96,13,721 |
|
Other Financial Liabilities |
- |
- |
|
|
6,00,02,914 |
5,96,13,721 |
|
Provisions |
- |
- |
|
Deferred Tax Liabilities (Net) |
- |
- |
|
Other Non-Current Liabilities |
- |
- |
|
|
|
|
|
Current Liabilities |
|
|
|
Financial Liabilities |
|
|
|
Borrowings |
- |
- |
|
Trade Payables-Total Outstanding Dues of |
29,56,790 |
85,75,889 |
|
- Micro and Small Enterprises |
6,80,117 |
8,96,824 |
|
- Creditors other than Micro and Small Enterprises |
22,76,673 |
76,79,065 |
|
Other Financial Liabilities |
30,00,000 |
24,00,000 |
|
|
59,56,790 |
1,09,75,889 |
|
Other Current Liabilities |
1,65,03,147 |
86,54,191 |
|
Provisions |
2,50,000 |
2,35,000 |
|
Current Tax Liabilities (Net) |
- |
- |
|
TOTAL EQUITY AND LIABILITIES |
13,09,64,286 |
12,69,74,520 |
|
Particulars |
2023 |
2022 |
|
INCOME |
|
|
|
Revenue from Operations |
31,64,31,925 |
33,77,62,945 |
|
Other Income |
3,13,029 |
4,64,022 |
|
Total Income (I) |
31,67,44,954 |
33,82,26,967 |
|
EXPENSES |
|
|
|
Cost of Materials Consumed |
18,90,33,260 |
11,32,75,647 |
|
Purchase of Stock-in-Trade |
10,09,22,707 |
20,27,77,622 |
|
Changes in Inventories of Finished Goods, Work-in-Pro |
43,27,635 |
16,84,512 |
|
Employees Benefits Expenses |
19,99,268 |
21,10,055 |
|
Finance Costs |
56,30,350 |
62,67,973 |
|
Depreciation and Amortisation Expenses |
8,01,322 |
10,45,606 |
|
Other Expenses |
1,29,11,076 |
1,01,21,433 |
|
Total Expenses (II) |
31,56,25,618 |
33,72,82,848 |
|
Profit Before Exceptional Item and Tax |
11,19,336 |
9,44,119 |
|
Exceptional Item |
- |
- |
|
Profit Before Tax |
11,19,336 |
9,44,119 |
|
Tax Expenses |
|
|
|
Current Tax |
2,50,000 |
2,35,000 |
|
Tax Relating To Prior Period |
85,816 |
- |
|
Deferred Tax |
27,804 |
-7,232 |
|
Total Tax Expense |
3,63,620 |
2,27,768 |
|
Profit for the Year (III) |
7,55,716 |
7,16,351 |
|
OTHER COMPREHENSIVE INCOME |
|
|
|
Items that will not be considered to profit or loss |
- |
- |
|
|
|
|
|
Items that will be considered to profit or loss |
|
|
|
Exchange differences on translating foreign operations |
- |
- |
|
Less: Tax Effect on above |
- |
- |
|
Other Comprehensive Income for the Year (IV) |
- |
- |
|
Total Comprehensive Income for the Year (III+IV) |
7,55,716 |
7,16,351 |
|
Earnings per Equity Share (Face Value Rs. 1 each) |
|
|
|
Basic (Rs.) |
0.02 |
0.02 |
|
Diluted (Rs.) |
0.02 |
0.02 |
|
Particulars |
2023 |
2022 |
|
|
Cash Flow from Operating Activities |
|
|
|
|
Profit for the Year before tax & extraordinary items |
1119336 |
944119 |
|
|
Adjustment for: |
|
|
|
|
Depreciation |
801322 |
1045606 |
|
|
Interest & Financial Charges |
5630350 |
6267973 |
|
|
|
6431672 |
7313579 |
|
|
Operating Profit before Working Capital changes |
7551008 |
8257698 |
|
|
Adjustments for: |
|
|
|
|
(Increase)/Decrease in Loans and Advances |
0 |
0 |
|
|
(Increase)/Decrease in Trade Recievables |
422577 |
4266311 |
|
|
(Increase)/Decrease in Inventory |
3048462 |
-4411303 |
|
|
(Increase)/Decrease in Current Assets |
528328 |
2516463 |
|
|
Increase/(Decrease) in current Liabilities |
2829857 |
10541315 |
|
|
Less:-Direct Taxes Paid (Net) |
-335816 |
-235000 |
|
|
Net Cash from Operating Activities |
14044416 |
20935484 |
|
|
Cash Flow from Investing Activities |
|
|
|
|
Purchase of fixed asset |
-9529790 |
-9540018 |
|
|
Purchase of investment |
0 |
0 |
|
|
(Increase)/Decrease in Non Current Assets |
0 |
0 |
|
|
Increase/(Decrease) in Non Current Liabilities |
15000 |
-140000 |
|
|
Net Cash from Investing Activities |
-9514790 |
-9680018 |
|
|
Cash Flow from Financing Activities |
|
|
|
|
(Payment)/ Receipt of Long Term Borrowing |
389193 |
-5957266 |
|
|
Interest and Financial Charges |
-5630350 |
-6267973 |
|
|
Net Cash from Financing Activities |
-5241157 |
-12225239 |
|
|
NET CASH FLOWS DURING THE YEAR(A+B+C) |
-711531 |
-969773 |
|
|
Cash and Cash Equivalents(Opening Balance) |
3202958 |
4172731 |
|
|
Cash and Cash Equivalents(Closing Balance) |
2491427 |
3202958 |
|
Certainly, here is a summary of the Cash Flow Statement for the years 2023 and 2022:
Sure, here 's a summarized version of the Cash Flow Statement for the years 2023 and 2022 for the provided company:
Cash Flow from Operating Activities:
- 2023: Rs 14,044,416
- 2022: Rs 20,935,484
The cash generated from operating activities decreased notably from 2022 to 2023. The company 's operating profit before working capital changes decreased from Rs 8,257,698 in 2022 to Rs 7,551,008 in 2023. There were significant fluctuations in various working capital components, such as trade receivables, inventory, current assets, and liabilities, impacting the overall operating cash flows.
Cash Flow from Investing Activities:
- 2023: Rs -9,514,790
- 2022: Rs -9,680,018
The cash flow from investing activities remained negative in both years. The company invested in fixed assets and made adjustments in non-current liabilities, resulting in cash outflows in both years.
Cash Flow from Financing Activities:
- 2023: Rs -5,241,157
- 2022: Rs -12,225,239
Financing activities also showed cash outflows in both years. There were payments or receipts related to long-term borrowings, along with payments for interest and financial charges.
Net Increase/(Decrease) in Cash & Cash Equivalents:
- 2023: Rs -711,531 (Decrease)
- 2022: Rs -969,773 (Decrease)
There was a decrease in cash and cash equivalents from the beginning to the end of both years, reflecting a net cash outflow from the company 's operations, investments, and financing activities. The closing cash balance reduced from Rs 3,202,958 in 2022 to Rs 2,491,427 in 2023.
