| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Shilpi Cable Technologies Limited |
|
Particulars |
2017 |
2016 |
|
I. EQUITY AND LIABILITIES |
|
|
|
(1) Shareholders’ funds |
|
|
|
(a) Share Capital |
11,063.23 |
11,063.23 |
|
(b) Reserves and Surplus |
-24,978.94 |
61,862.11 |
|
(c) Minority interest |
189.63 |
252.42 |
|
(d) Money received against Share Warrants |
1,050.00 |
1,050.00 |
|
(2) Non-current liabilities |
|
|
|
(a) Long-term borrowings |
26,475.70 |
25,425.74 |
|
(b) Deferred tax liabilities (Net) |
1,492.25 |
1,347.55 |
|
(c) Other Long term liabilities |
- |
|
|
(c) Long-term provisions |
171.03 |
167.78 |
|
(3) Current liabilities |
|
|
|
(a) Short term borrowings |
54,622.55 |
29,451.19 |
|
(b) Trade payables |
1,85,093.03 |
72,419.52 |
|
(c) Other Current Liabilities |
34,710.82 |
15,818.12 |
|
(d) Short-term provisions |
657.1 |
18.29 |
|
Total |
2,90,546.40 |
2,18,875.95 |
|
II. ASSETS |
|
|
|
Non-current assets |
|
|
|
(1) (a) Fixed assets |
|
|
|
(i) Tangible assets |
13,927.92 |
11,869.31 |
|
(ii) Capital work-in-progress |
68.2 |
1,217.26 |
|
(iii) Intangible assets under development |
- |
|
|
(b) Non-current investments |
1,424.83 |
1,428.53 |
|
(c) Long-term loans and advances |
13,857.28 |
12,937.10 |
|
(2) Current Assets |
|
|
|
(a) Inventories |
15,740.45 |
26,531.47 |
|
(b) Trade receivables |
1,84,639.54 |
1,32,289.12 |
|
(c) Cash and Cash Equivalents |
10,040.88 |
14,084.32 |
|
(d) Short-term loans and advances |
4,987.12 |
3,504.48 |
|
(e) Other current assets |
45,860.18 |
15,014.36 |
|
Total |
2,90,546.40 |
2,18,875.95 |
|
Particulars |
2017 |
2016 |
|
INCOME |
|
|
|
I. Revenue from operations |
3,83,388.53 |
3,89,553.10 |
|
II. Other income |
659.66 |
443.35 |
|
III. Total Revenue (I+II) |
3,84,048.19 |
3,89,996.45 |
|
IV. Expenses |
|
|
|
Cost of materials consumed |
2,17,829.69 |
2,15,587.24 |
|
Purchase of Stock-in-trade |
1,57,384.04 |
1,32,595.46 |
|
Change in inventories of finished goods and work in progress |
-894.17 |
-2,050.27 |
|
Employee benefit expense |
4,274.75 |
4,326.54 |
|
Finance Costs |
10,887.05 |
10,467.40 |
|
Depreciation and amortisation expense |
1,151.46 |
1,052.65 |
|
Other expenses |
76,712.79 |
8,295.18 |
|
Total expenses |
4,67,345.61 |
3,70,274.20 |
|
V. Profit before extraordinary items and tax (III-IV) |
-83,297.43 |
19,722.25 |
|
VI. Prior Period Expenses/(Income) |
44.04 |
- |
|
VII. Profit before tax (V-VI) |
-83,341.47 |
19,722.25 |
|
VIII. Tax expense: |
144.7 |
3,158.07 |
|
(1) Current tax |
- |
3,104.66 |
|
(2) Deferred tax |
144.7 |
53.41 |
|
(3) Wealth Tax |
- |
- |
|
IX. Profit (Loss) for the period before Minority Int/ Others (VII-VIII) |
-83,486.17 |
16,564.18 |
|
X. Minority Interest |
-52.44 |
216.35 |
|
XI Profit (Loss) for the period (VII - VIII) |
-83,433.73 |
16,347.83 |
|
XII. Earning per share: |
|
|
|
(1) Basic-Adjusted |
-75.46 |
15.92 |
|
(2) Diluted-Adjusted |
-75.46 |
15.86 |
|
Particulars |
2017 |
2016 |
|
A. Cash flow from Operations |
|
|
|
Profit before tax |
-83,341.47 |
19,722.25 |
|
Adjustment for: |
|
|
|
Depreciation and amortisation expense |
1,151.46 |
1,052.65 |
|
Financial Charges |
10,887.05 |
10,467.40 |
|
Provisions for gratuity, earned leave etc. (Net) |
3.25 |
42.49 |
|
Expenses on ESOP |
- |
54.93 |
|
Interest income |
-463.35 |
-419.66 |
|
Provision for Doubtful Debts |
50,529.42 |
72.23 |
|
Provision For Excise Duty Expenses/Others |
665.04 |
7.17 |
|
Dividend Income (Benefit from SCTL Securities Trust) |
- |
- |
|
(Profit)/loss on sale of Fixed assets |
-0.01 |
156.84 |
|
Operating profit before working capital changes |
-20,568.61 |
31,156.30 |
|
(Increase)/ Decrease in Current Assets |
|
|
|
Inventories |
10,791.02 |
-1,833.83 |
|
Trade receivables |
-85,904.58 |
-29,528.31 |
|
Other current assets |
-49,237.49 |
-2,512.31 |
|
Increase /(Decrease) in Current Liabilities |
|
|
|
Trade payables |
1,12,673.51 |
12,664.72 |
|
Other Current Liabilities |
18,871.45 |
330.18 |
|
Short-term provisions |
57.36 |
2.43 |
|
Cash Inflow / (outflow) from Operations |
-13,317.35 |
4,267.79 |
|
Taxes paid |
|
|
|
Income Tax Paid |
-54.71 |
-2,110.00 |
|
Others- Wealth Tax |
-54.71 |
-1.28 |
|
Net Cash Inflow / (Outflow) from Operation (A) |
-13,372.06 |
2,156.51 |
|
B. Cash flow from Investing activities |
|
|
|
Addition to Fixed Assets |
-1,755.02 |
-1,704.20 |
|
Sale of Fixed Assets |
0.28 |
3,467.58 |
|
Change in Capital WIP |
-247.35 |
246.2 |
|
Income from Interest |
463.35 |
419.66 |
|
Long Term Loans & Advances |
-920.18 |
-12,794.85 |
|
Dividend Income from SCTL Securities Trust |
104.35 |
104.35 |
|
Investment in Subsidiary |
- |
2.58 |
|
Net Cash Inflow / (Outflow) from Investing Activities (B) |
-2,354.57 |
-10,258.68 |
|
C. Cash Flow form Financing Activities |
|
|
|
Increase in share Capital |
- |
800 |
|
Minority interest |
-189.63 |
-252.42 |
|
Increase in Share Warrant Amount |
- |
1,050.00 |
|
Increase in Securities Premium |
- |
4,000 |
|
Proceeds from/(Payment of) NCD-Unsecured |
-160 |
- |
|
Increase / (Decrease) in Long Term Borrowings |
1,209.96 |
- |
|
Dividend Paid (Including Taxes thereof) |
-1,105.50 |
-1,249.07 |
|
Short Term Borrowings |
25,171.36 |
-5,715.21 |
|
Financial Charges Paid |
-10,887.05 |
-10,467.40 |
|
Net Cash Inflow / (Outflow) from Financing Activities (C ) |
14,039.14 |
-11,834.10 |
|
Foreign Currency Translation Reserve |
-2,355.95 |
1,517.33 |
|
Net Change in Cash or Cash Equivalents during the year (A+B+C) |
-1,687.49 |
-3,892.86 |
|
Cash and Cash Equivalents at the beginning of the year |
14,084.32 |
16,459.85 |
|
Cash and Cash Equivalents at the end of the year |
10,040.88 |
14,084.32 |
Here is a summary of the Cash Flow Statement for the years 2017 and 2016:
1. Operating Activities (A):
Profit Before Tax: In 2017, the company faced a substantial loss with a negative profit before tax of -83,341.47, in contrast to a profit of 19,722.25 in 2016. This indicates financial challenges or adverse business conditions during the year.
Adjustments: Various adjustments were made to calculate operating profit before working capital changes, including depreciation, financial charges, provisions for gratuity, and others. These adjustments resulted in an operating loss of -20,568.61 in 2017, significantly down from the positive 31,156.30 in 2016.
2. Working Capital Changes:
Current Assets: The working capital changes reveal mixed trends in current assets. While there was an increase in inventories by 10,791.02, trade receivables decreased significantly by -85,904.58, and other current assets also decreased substantially by -49,237.49.
Current Liabilities: On the liabilities side, there was a substantial increase in trade payables by 1,12,673.51. This increase in trade payables contributed to a net outflow of cash from operations amounting to -13,317.35 in 2017.
3. Taxes Paid:
The company paid income tax and wealth tax, with both figures amounting to -54.71 each in 2017. These taxes are crucial components affecting the overall cash flow.
4. Net Cash Inflow/(Outflow) from Operations (A):
The net cash from operations was -13,372.06 in 2017, indicating a negative cash flow. This suggests that the company's operational activities consumed more cash than they generated, leading to a decrease in overall liquidity. In 2016, the net cash from operations was positive at 2,156.51.
5. Investing Activities (B):
Fixed Assets: The company invested in fixed assets (-1,755.02) in 2017, and there was a minor sale of fixed assets (0.28). These activities reflect the company's capital expenditures and efforts to optimize its asset portfolio.
Long-Term Loans & Advances: Long-term loans and advances decreased (-920.18), indicating a reduction in the company's long-term financial assets.
Net Cash Outflow: The net cash outflow from investing activities was -2,354.57 in 2017, showing a decrease in outflows compared to the -10,258.68 in 2016.
6. Financing Activities (C):
Share Capital: There was no increase in share capital in 2017, indicating a stable equity position, while in 2016, there was an increase of 800.
Borrowings: Short-term borrowings increased significantly (25,171.36) in 2017, indicating a reliance on short-term financing. Long-term borrowings also increased by 1,209.96.
Dividend Paid: The company paid dividends amounting to -1,105.50 in 2017, a decrease from -1,249.07 in 2016.
Net Cash Inflow: The net cash inflow from financing activities was 14,039.14 in 2017, showing an improvement from the -11,834.10 in 2016.
7. Foreign Currency Translation Reserve:
The foreign currency translation reserve was -2,355.95 in 2017, indicating a decrease from the positive figure of 1,517.33 in 2016. This suggests that foreign exchange fluctuations had a negative impact on the company's financial position.
8. Net Change in Cash or Cash Equivalents and Ending Cash:
The net change in cash or cash equivalents during the year (A+B+C) was -1,687.49 in 2017, reflecting a decrease in cash. The ending cash and cash equivalents stood at 10,040.88, down from 14,084.32 at the beginning of the year. This implies that the company ended the year with lower cash reserves.
