|
PARTICULARS |
31st March 2021 |
31st March 2020 |
31st March 2019 |
|
ASSETS |
|||
|
NON-CURRENT ASSETS |
|||
|
Fixed Assets |
12,800.92 |
13,199.28 |
11,994.80 |
|
Investment Property |
348.30 |
348.30 |
348.30 |
|
Other non-current assets |
260.41 |
223.38 |
362.62 |
|
TOTAL NON-CURRENT ASSETS |
13,409.63 |
13,770.96 |
12,705.72 |
|
CURRENT ASSETS |
|||
|
Inventories |
3,230.90 |
3,610.49 |
3,213.28 |
|
Trade receivables |
8,326.18 |
8,000.79 |
9,415.99 |
|
Cash and Cash Equivalents |
43.55 |
167.49 |
47.88 |
|
Other Current Assets |
1,901.87 |
1,356.85 |
1,117.41 |
|
TOTAL CURRENT ASSETS |
13,502.50 |
13,178.70 |
13,871.18 |
|
TOTAL ASSETS |
26,912.13 |
26,949.66 |
26,576.90 |
|
EQUITY AND LIABILITIES |
|||
|
EQUITY |
|||
|
Equity share capital |
646.00 |
646.00 |
646.00 |
|
Other Equity |
13,216.58 |
12,953.59 |
12,827.47 |
|
TOTAL EQUITY |
13,862.58 |
13,599.59 |
13,473.47 |
|
NON CURRENT LIABILITIES |
|||
|
Borrowings |
3,613.03 |
3,190.15 |
898.72 |
|
Provisions |
39.65 |
37.96 |
24.54 |
|
Tax liabilities |
407.10 |
353.37 |
262.26 |
|
Other noncurrent liabilities |
1,510.95 |
1,944.47 |
2,612.61 |
|
TOTAL NON-CURRENT LIABILITIES |
5,570.73 |
5,525.95 |
3,798.13 |
|
CURRENT LIABILITIES |
|||
|
Borrowings |
5,564.96 |
6,331.94 |
6,345.62 |
|
Trade payables |
1,305.47 |
1,024.59 |
2,385.79 |
|
Other current liabilities |
544.93 |
422.31 |
462.51 |
|
Provisions |
63.46 |
45.28 |
111.38 |
|
TOTAL CURRENT LIABILITIES |
7,478.82 |
7,824.12 |
9,305.30 |
|
TOTAL EQUITY AND LIABILITIES |
26,912.13 |
26,949.66 |
26,576.90 |
|
PARTICULARS |
2021 |
2020 |
2019 |
2018 |
|
Revenue from Operations |
45,580.56 |
68,465.30 |
94,079.25 |
71,817.18 |
|
EBITDA |
2,120.54 |
1,920.71 |
1,800.74 |
1,656.11 |
|
EBITDA margins |
4.65% |
2.81% |
1.91% |
2.31% |
|
Finance Cost |
1,082.90 |
853.40 |
695.73 |
733.69 |
|
Depreciation |
733.69 |
541.85 |
642.74 |
616.28 |
|
Other Income |
119.25 |
96.36 |
78.75 |
93.29 |
|
Profit/Loss before Tax |
423.21 |
621.82 |
541.01 |
399.42 |
|
Exceptional items |
43.02 |
357.97 |
0.00 |
0.00 |
|
Total Tax |
117.20 |
137.74 |
133.61 |
78.65 |
|
Profit After Tax (PAT) |
262.99 |
126.12 |
407.40 |
320.78 |
|
PAT margins |
0.58% |
0.18% |
0.43% |
0.45% |
|
EPS |
4.07 |
1.95 |
6.31 |
4.97 |
|
Particulars |
31st march 2022 |
31st March 2021 |
31st March 2020 |
|
Cash Flow Summary |
|
|
|
|
Cash and Cash Equivalents at Beginning of the year |
0.44 |
1.67 |
0.48 |
|
Net Cash from Operating Activities |
22.97 |
2.12 |
0.87 |
|
Net Profit before Tax & Extraordinary Items |
3.99 |
3.17 |
2.17 |
|
Depreciation |
5.14 |
7.34 |
5.42 |
|
Interest (Net) |
9.09 |
10.83 |
8.53 |
|
P/L on Sales of Invest |
-3.12 |
-0.45 |
-0.03 |
|
Total Adjustments (PBT & Extraordinary Items) |
11.11 |
17.71 |
13.92 |
|
Op. Profit before Working Capital Changes |
15.09 |
20.88 |
16.09 |
|
Others |
16.97 |
-7.93 |
-6.69 |
|
Total (OP before Working Capital Changes) |
16.97 |
-7.93 |
-6.69 |
|
Cash Generated from/(used in) Operations |
32.06 |
12.95 |
9.4 |
|
Interest Paid(Net) |
-9.09 |
-10.83 |
-8.53 |
|
Total-others |
-9.09 |
-10.83 |
-8.53 |
|
Cash Flow before Extraordinary Items |
22.97 |
2.12 |
0.87 |
|
Net Cash Used in Investing Activities |
4.39 |
-2.9 |
-17.43 |
|
Purchased of Fixed Assets |
0 |
-3.82 |
-17.48 |
|
Sale of Fixed Assets |
4.39 |
0 |
0 |
|
Sale of Investments |
0 |
0.92 |
0.05 |
|
Net Cash Used in Financing Activities |
0 |
-0.46 |
17.76 |
|
Proceed from 0ther Long Term Borrowings |
0 |
0 |
17.76 |
|
Of the Long Tem Borrowings |
0 |
-0.46 |
0 |
|
Net Inc/(Dec) in Cash and Cash Equivalent |
27.37 |
-1.24 |
1.2 |
|
Cash and Cash Equivalents at End of the year |
27.8 |
0.44 |
1.67 |
Summary of Rathi Industries Cash Flow Statement for the last three years (In Rs. Crore )
Operating Activities:
- Net Cash from Operating Activities: The net cash generated from operating activities increased significantly from $0.87 in 2020 to $2.12 in 2021, and further to $22.97 in 2022. This indicates a substantial improvement in cash generation from the core operations of the business.
Investing Activities:
- Net Cash Used in Investing Activities: The company used cash for investing activities in all three years. However, the magnitude of cash used decreased from -$17.43 in 2020 to -$2.9 in 2021, and then increased to $4.39 in 2022. This suggests a reduction in investment outflows followed by a positive cash flow from investing activities in 2022.
- Purchased of Fixed Assets: The company made significant purchases of fixed assets in 2020, resulting in a negative cash flow of -$17.48. However, in 2021, fixed assets were sold for $4.39, and no fixed assets were purchased. No fixed asset transactions were reported in 2022.
- Sale of Investments: The company generated a cash inflow of $0.92 in 2021 from the sale of investments. No sales of investments were reported in 2020 and 2022.
Financing Activities:
- Net Cash Used in Financing Activities: In 2021, the company had a net cash outflow of -$0.46 from financing activities. However, in 2022, the company had no financing activities, resulting in a net cash flow of $0 from financing activities.
- Proceeds from Other Long Term Borrowings: The company received cash proceeds of $17.76 from other long-term borrowings in 2021. No such proceeds were reported in 2020 and 2022.
|
PARTICULARS |
Mar-22 |
Mar-21 |
Mar-20 |
Mar-19 |
Mar-18 |
|
Sources of funds |
|
|
|
|
|
|
Cash profit |
8.69 |
3.36 |
2.47 |
85 |
0 |
|
Increase in equity |
0 |
0 |
0 |
6.46 |
0 |
|
Increase in other networth |
0 |
0 |
0.01 |
124.2 |
0 |
|
Increase in loan funds |
0 |
0 |
16.24 |
98.81 |
5.73 |
|
Decrease in gross block |
1.27 |
3.25 |
0 |
0 |
0 |
|
Decrease in working capital |
1.78 |
1.15 |
0 |
0 |
7.27 |
|
Total Inflow |
11.74 |
7.76 |
18.72 |
314.47 |
13 |
|
Application of funds |
|
|
|
|
|
|
Cash loss |
0 |
0 |
0 |
0 |
6.26 |
|
Decrease in networth |
0.01 |
0 |
0 |
0 |
0 |
|
Decrease in loan funds |
11.75 |
7.76 |
0 |
0 |
0 |
|
Increase in gross block |
0 |
0 |
13.25 |
204.36 |
4.53 |
|
Increase in investments |
0 |
0 |
0 |
0 |
2.22 |
|
Increase in working capital |
0 |
0 |
5.45 |
110.12 |
0 |
|
Total Outflow |
11.76 |
7.76 |
18.7 |
314.48 |
13.01 |
|
Particulars |
31st March 2022 |
31st Marc 2021 |
31st March 2020 |
|
Key Ratios |
|
|
|
|
Debt-Equity Ratio |
0.63 |
0.68 |
0.62 |
|
Long Term Debt-Equity Ratio |
0.18 |
0.25 |
0.15 |
|
Current Ratio |
1.55 |
1.66 |
1.52 |
|
Turnover Ratios |
|
|
|
|
Fixed Assets Turnover Ratio |
3.12 |
2.15 |
3.35 |
|
Inventory Turnover Ratio |
20.3 |
13.33 |
20.07 |
|
Debtors Turnover Ratio |
7.68 |
5.58 |
7.86 |
|
Total Asset Turnover Ratio |
2.71 |
1.83 |
2.83 |
|
Interest Cover Ratio |
1.18 |
1.35 |
1.73 |
|
PBIDTM (%) |
2.43 |
4.82 |
2.94 |
|
PBITM (%) |
1.64 |
3.21 |
2.15 |
|
PBDTM (%) |
1.04 |
2.44 |
1.7 |
|
CPM (%) |
0.97 |
2.19 |
1.29 |
|
APATM (%) |
0.19 |
0.58 |
0.5 |
|
ROCE (%) |
4.45 |
5.89 |
6.08 |
|
RONW (%) |
0.88 |
1.92 |
2.53 |
|
Particulars |
2020 |
2019 |
2018 |
|
Dividend (final + interim) (In Rs.) |
Nil |
Nil |
Nil |
