| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Steadfast Corporation Limited |
|
Particulars |
2023 |
2022 |
|
I. ASSETS |
|
|
|
(1) Non-current assets |
|
|
|
(a) Property, Plant and Equipment |
27,523.64 |
37,546.26 |
|
(b) Financial Assets |
|
|
|
(i) Investments |
24,193.09 |
24,193.09 |
|
(ii) Loans |
54,100.00 |
54,100.00 |
|
(c) Deferred tax assets (net) |
6,690.02 |
7,308.86 |
|
Total non current assets |
1,12,506.75 |
1,23,148.21 |
|
(2) Current Assets |
|
|
|
(a) Inventory |
|
4,52,304.15 |
|
(b) Financial Assets |
|
|
|
(i) Trade receivables |
29,649.96 |
38,479.29 |
|
(ii) Cash and cash equivalents |
5,69,316.81 |
50,689.63 |
|
(iii) Other Bank Balances |
3,21,517.62 |
4,07,904.94 |
|
(iv) Other Financial Assets |
495 |
495 |
|
(c) Current Tax Assets (Net) |
9,782.65 |
8,834.15 |
|
(d) Other current assets |
14,626.59 |
3,868.77 |
|
Total current assets |
9,45,388.64 |
9,62,575.93 |
|
TOTAL ASSETS |
10,57,895.39 |
10,85,724.14 |
|
II. EQUITY AND LIABILITIES |
|
|
|
(1) Equity |
|
|
|
(a) Equity share capital |
7,13,100.00 |
7,13,100.00 |
|
(b) Other equity |
3,40,266.64 |
3,36,057.51 |
|
Total equity |
10,53,366.64 |
10,49,157.51 |
|
(2) Current liabilities |
|
|
|
(a) Financial liabilities |
|
|
|
(i) Trade payables |
|
|
|
1) Total outstanding dues of creditors other than micro and small enterprises |
1,305.46 |
29,176.73 |
|
(b) Other current liabilities |
2,316.06 |
5,617.29 |
|
( c) Short-term provisions |
907.23 |
1,772.61 |
|
Total Current liabilities |
4,528.75 |
36,566.63 |
|
TOTAL EQUITY AND LIABILITIES |
10,57,895.39 |
10,85,724.14 |
|
Particulars |
2023 |
2022 |
|
Revenue |
|
|
|
I. Revenue from Operations |
4,82,620.54 |
41,831.82 |
|
II. Other income |
23,511.46 |
41,696.06 |
|
III. Total Income (I+II) |
5,06,132.00 |
83,527.88 |
|
IV. Expenses |
|
|
|
Purchases |
|
4,52,304.15 |
|
Changes in Inventory |
4,52,304.15 |
4,52,304.15 |
|
Cost of Execution |
4,631.76 |
27,489.85 |
|
Employee Benefits Expenses |
19,714.52 |
17,981.73 |
|
Depreciation and Amortization Expenses |
9,237.70 |
12,759.77 |
|
Finance Cost |
13.5 |
21.17 |
|
Other Expenses |
14,204.32 |
13,713.21 |
|
Total Expenses (IV) |
5,00,105.95 |
71,965.73 |
|
Net Profit before share of Profits/(Losses) from Subsidiaries |
6,026.05 |
11,562.15 |
|
V. Profit/(loss) before Tax |
6,026.05 |
11,562.15 |
|
VI. Tax expense: |
|
|
|
1. Current tax |
1,198.08 |
3,203.37 |
|
2. Deferred tax |
618.84 |
-302.9 |
|
VII. Profit/(Loss) for the year |
4,209.13 |
8,661.68 |
|
VIII. Total comprehensive income for the period |
4,209.13 |
8,661.68 |
|
IX. Earnings per equity share |
|
|
|
1. Basic |
0.06 |
0.12 |
|
2. Diluted |
0.06 |
0.12 |
|
Particulars |
2023 |
2022 |
|
CASH FLOWS FROM OPERATING ACTIVITIES: |
|
|
|
Net profit before tax |
6,026.05 |
11,562.15 |
|
Adjusted for : |
|
|
|
Depreciation |
9,237.70 |
12,759.77 |
|
Interest & other income received |
|
-41,696.06 |
|
Loss/(Profit) on sale of investement |
-1,558.83 |
|
|
Operating profits before working capital charges |
13,704.92 |
-17,374.14 |
|
Changes in current assets and liabilities |
|
|
|
(Increase)/Decrease in Inventories |
4,52,304.15 |
-452304.15 |
|
(Increase)/Decrease in Trade Receivables |
8,829.33 |
-13,208.83 |
|
(Increase)/Decrease in Current Tax assets |
-2,146.57 |
|
|
(Increase)/Decrease in financial and non-financial assets |
75,629.49 |
-24,145.88 |
|
Increase/(Decrease) in financial and non-financial liabilities |
-2,646.40 |
3,656.25 |
|
Increase/(Decrease) in Trade payables |
-29,391.50 |
9,479.24 |
|
Cash generated from operations |
5,16,283.42 |
-493897.51 |
|
Net cash generated from operating activities |
5,16,283.42 |
-493897.51 |
|
B CASH FLOWS FROM INVESTING ACTIVITIES: |
|
|
|
(Purchase)/ Sale of fixed assets |
2,343.75 |
|
|
Long term loans and advances |
|
2,81,000.00 |
|
Interest & other income received |
|
41,696.06 |
|
Net cash used in investing activities |
2,343.75 |
3,22,696.06 |
|
C Net increase / (decrease) in cash and cash equivalents |
5,18,627.17 |
-171201.45 |
|
D Cash and cash equivalents at the beginning of the year |
50,689.63 |
2,21,891.08 |
|
E Cash and cash equivalents at the end of the year |
5,69,316.81 |
50,689.63 |
|
Cash & Cash Equivalents comprise: |
|
|
|
Cash on Hand |
3.83 |
3.83 |
|
Balance with Banks in Current A/c |
5,69,312.98 |
50,685.81 |
|
Total Cash & Cash Equivalents |
5,69,316.81 |
50,689.64 |
Certainly, here is a summary of the Cash Flow Statement for the years 2023 and 2022:
Net profit before tax:
The company reported a net profit before tax of Rs. 6,026.05 in 2023, significantly lower than the previous year 's figure of Rs. 11,562.15.
2. Loss on sale of investments:
There was a loss of Rs. 1,558.83 on the sale of investments in 2023.
3. Depreciation:
Depreciation expenses decreased from Rs. 12,759.77 in 2022 to Rs. 9,237.70 in 2023.
4. Operating profits before working capital charges:
The company experienced a significant positive change, with operating profits of Rs. 13,704.92 in 2023, compared to a negative value of -Rs. 17,374.14 in 2022.
5. Changes in current assets and liabilities:
Increase in Inventories: A significant increase of Rs. 4,52,304.15 in inventories in 2023.
Decrease in Trade Receivables: Trade receivables decreased by Rs. 13,208.83.
Increase in financial and non-financial assets: Rs. 75,629.49 increase in assets.
Increase in financial and non-financial liabilities: Rs. 3,656.25 increase in liabilities.
Decrease in Trade Payables: Trade payables decreased by Rs. 9,479.24.
6. Cash generated from operations:
The company generated a substantial positive cash flow from operating activities in 2023, amounting to Rs. 5,16,283.42.
7. Net cash generated from operating activities:
The net increase in cash from operating activities was Rs. 5,16,283.42 in 2023.
8. Cash Flow from Investing Activities:
Purchase of fixed assets: The company made purchases of fixed assets amounting to Rs. 2,343.75.
Long term loans and advances
The company received Rs. 2,81,000.00 from long-term loans and advances.
Interest & other income received: The company received Rs. 41,696.06 as interest and other income.
9. Net cash used in investing activities:
The net cash used in investing activities in 2023 was Rs. 2,343.75, significantly lower than the previous year.
10. Cash and cash equivalents:
The year began with cash and cash equivalents of Rs. 50,689.63 and ended with Rs. 5,69,316.81 in 2023.
1.Net profit before tax:
In 2022, the company reported a higher net profit before tax of Rs. 11,562.15.
2. Loss on sale of investments:
There was no mention of a loss on the sale of investments in 2022.
3. Depreciation:
Depreciation expenses were higher at Rs. 12,759.77 in 2022.
4. Operating profits before working capital charges:
The company reported a negative operating profit of -Rs. 17,374.14 in 2022.
5. Changes in current assets and liabilities:
In 2022, there were significant negative changes in current assets and liabilities, including a decrease in inventories, trade receivables, and trade payables.
6. Cash generated from operations:
The company had negative cash flow from operating activities in 2022, amounting to -Rs. 4,93,897.51.
7. Net cash generated from operating activities:
The net cash flow from operating activities was negative in 2022, at -Rs. 4,93,897.51.
8. Cash Flow from Investing Activities:
In 2022, the company had a higher net cash outflow from investing activities, totaling Rs. 3,22,696.06.
9. Cash and cash equivalents:
The year began with cash and cash equivalents of Rs. 2,21,891.08 and ended with Rs. 50,689.63 in 2022.
