Rasoi Annual Reports, Balance Sheet and Financials

Rasoi Limited Balance Sheet (Rs in Thousands)

Rasoi Limited Profit & Loss Statement (Rs in Thousands)

 Rasoi Limited Consolidated Cash Flow Statement (Rs in Thousands)

Here is a summary of the Cash Flow Statement for the years 2024 and 2023:

Cash Flow from Operating Activities

Operating activities represent the core business functions that generate cash flow. For the year ending 31 March 2024, the company reported a profit before tax of ₹1,88,377 thousand, a significant increase from the previous year’s loss of ₹699 thousand. After accounting for adjustments like depreciation (₹10,982 thousand) and net gain on fair valuation of investments (₹19,509 thousand), the operating profit before working capital changes stood at ₹31,027 thousand.

Adjustments to working capital show significant movements, particularly the increase in investments (₹82,286 thousand), which contributed positively to cash flow. There was also a decrease in trade and other receivables (₹11,102 thousand), indicating faster collections. However, decreases in trade and other payables (₹5,678 thousand) and an increase in inventories (₹6,576 thousand) slightly offset the working capital improvements.

After incorporating all the adjustments, the company generated ₹89,957 thousand from operations, a remarkable turnaround from the negative cash flow of ₹1,86,411 thousand in the previous year. However, after paying direct taxes amounting to ₹64,812 thousand, the net cash from operating activities totaled ₹25,145 thousand, a strong improvement compared to the significant cash outflow of ₹1,91,067 thousand in the previous year.

Cash Flow from Investing Activities

Investing activities primarily focus on the purchase and sale of long-term assets like property, plant, and equipment. During 2024, the company made purchases of property, plant, and equipment worth ₹23,343 thousand, indicating continued investment in capital assets. However, the company earned significant proceeds from the sale of property, plant, and equipment, amounting to ₹1,93,670 thousand, a notable increase from the previous year 's ₹112 thousand. This sale generated substantial cash inflows.

The company also had significant movements in fixed deposits, with a net outflow of ₹1,92,000 thousand, compared to a large inflow of ₹2,01,995 thousand in 2023. Overall, the net cash used in investing activities for 2024 was ₹21,673 thousand, a positive shift from the previous year’s cash inflow of ₹1,82,779 thousand. The large sale of assets helped mitigate the effects of capital expenditures and fixed deposit outflows.

Cash Flow from Financing Activities

Financing activities include transactions related to borrowing, interest payments, and dividends. In 2024, the company did not engage in any short-term borrowings compared to the repayment of ₹654 thousand in 2023. The company incurred interest costs of ₹368 thousand and paid a dividend of ₹40 thousand, similar to the previous year 's ₹45 thousand. These small outflows led to a net cash outflow from financing activities of ₹408 thousand, a minor change from the previous year 's outflow of ₹785 thousand.

Net Change in Cash and Cash Equivalents

The combined impact of operating, investing, and financing activities led to a net increase in cash and cash equivalents of ₹3,064 thousand for 2024, a positive reversal compared to the net decrease of ₹9,073 thousand in 2023. This improvement is primarily due to better cash flow management from operations and the significant proceeds from the sale of property, plant, and equipment.

Cash and Cash Equivalents at the End of the Year

As a result of these activities, the company 's cash and cash equivalents at the end of 2024 amounted to ₹8,676 thousand, up from ₹5,612 thousand at the end of 2023. The components of cash include a balance of ₹6,145 thousand in bank accounts and ₹2,531 thousand in cash on hand, showing a healthier cash position at the end of the year.

Financial Ratios of Rasoi Limited

Here is a summary of the financial and operational metrics for Rasoi Limited for the year 2024 and 2023:

Current Ratio

The current ratio measures a company 's ability to pay its short-term obligations with its current assets. A current ratio of 111.69 times in 2024 indicates the company has ₹111.69 of current assets for every ₹1 of current liabilities, reflecting a very strong liquidity position.

Debt-Equity Ratio

The debt-equity ratio compares a company’s total debt to its shareholder equity, showing the proportion of debt used to finance the company’s assets. A 0.01 times debt-equity ratio in 2024 reflects very low reliance on debt, meaning the company is predominantly financed through equity.

Debt Service Coverage Ratio

The debt service coverage ratio (DSCR) indicates how well a company can meet its debt obligations from its earnings. A 576.42 times DSCR in 2024 means the company earns enough to cover its debt obligations more than 576 times over, a massive improvement from 31.87 times in 2023.

Return on Equity Ratio

Return on equity (ROE) measures how efficiently a company uses shareholders ' equity to generate profits. An ROE of 9.18% in 2024 indicates the company generated ₹9.18 of profit for every ₹100 of equity. This is a significant improvement from 0.45% in 2023, signaling much better profitability and a stronger return for shareholders in 2024.

Inventory Turnover Ratio)

The inventory turnover ratio measures how often a company sells and replaces its inventory during a period. A ratio of 5.41 times in 2024 means the company sold and replenished its inventory approximately 5.4 times over the year, almost consistent with 5.45 times in 2023.

Trade Payables Turnover Ratio

The trade payables turnover ratio indicates how quickly a company is paying off its suppliers. In 2024, the ratio of 18.69 times shows the company paid its trade payables more frequently compared to 11.65 times in 2023.

Net Capital Turnover Ratio

The net capital turnover ratio measures how efficiently a company uses its working capital to generate sales. In 2024, the ratio increased to 0.30 times from 0.21 times in 2023, meaning the company generated ₹0.30 of sales for every ₹1 of net working capital.

Net Profit Ratio

The net profit ratio measures how much of a company 's revenue is converted into profit. An 84.11% ratio in 2024 reflects extraordinary profitability, where the company retained ₹84.11 of every ₹100 in revenue as profit.

Return on Capital Employed (ROCE)

ROCE measures how efficiently a company uses its capital to generate profits before interest and tax. A 11.61% ROCE in 2024 indicates the company earned ₹11.61 for every ₹100 of capital employed, compared to just 0.58% in 2023.

Return on Investment (ROI)

ROI evaluates the return on the total investment made by the company. An ROI of 9.18% in 2024 shows the company earned a substantial return on its investments, significantly better than the 0.45% in 2023.