Hot Deals:
amol minechem 601.00 (0.17 %) anglo french drugs 930.00 (3.33 %) anugraha valve 280.00 (1.82 %) apl metals 40.00 (-2.44 %) apollo fashion 107.00 (1.90 %) archit nuwood 500.00 arkfin investments 50.00 arohan 202.00 (1.00 %) assam carbon 265.00 (1.92 %) avalokiteshvar 242.00 (0.83 %) axles india 610.00 (1.67 %) balmer lawrie 202.00 (1.00 %) bharat hotels 345.00 (1.47 %) bima mandi 235.00 (-2.08 %) bira 555.00 (-0.89 %) boat 1,380.00 (-1.43 %) c & s electric 840.00 (-1.18 %) cable corporation 13.00 (-0.76 %) capgemini 11,900.00 (0.85 %) care health 186.00 (-1.59 %) carrier aircon 545.00 (-0.91 %) cial 326.00 (0.31 %) csk 170.00 (-1.16 %) dalmia refract 260.00 (1.96 %) dfm foods 467.00 dsp merrill lynch 1,000.00 east india pharma 39.00 (-2.50 %) eaton fluid 440.00 (3.53 %) electronica plastic 2,100.00 (-0.99 %) elgi ultra 400.00 elofic 2,100.00 (2.44 %) esl steel 46.00 (1.10 %) fincare business 86.00 (3.61 %) fincare sfbl 205.00 (1.49 %) fino paytech 133.00 (-1.48 %) flipkart india 231,001.00 (0.00 %) frick india 15,600.00 (-0.95 %) gkn driveline 1,325.00 (-0.38 %) godavari bio 71.00 (1.43 %) goodluck defence 235.00 (2.17 %) group pharma 300.00 gynofem healthcare 63.00 (-3.08 %) hazira cargo terminals limited 205.00 (1.49 %) hdb financial 1,120.00 (-0.88 %) hdfc ergo 370.00 (1.70 %) hdfc securities 11,300.00 (-1.74 %) hella india 910.00 (1.11 %) hero fincorp 1,990.00 (-0.50 %) hexaware 700.00 (-2.78 %) hicks 1,450.00 (2.11 %) hira ferro 180.00 (2.86 %) honeywell electrical 6,200.00 (1.64 %) ikf finance 312.00 (0.65 %) incred financial 10.00 (1.01 %) incred holdings 165.00 (-1.79 %) india carbon 1,135.00 (-1.30 %) india exposition 121.00 (0.83 %) indian potash 3,250.00 (1.56 %) indian seamless 175.00 (2.94 %) indo alusys 25.75 (-0.96 %) indofil 1,030.00 (0.49 %) infinite computer 405.00 (1.25 %) inkel 29.00 (-3.33 %) jana small finance bank 75.00 kel 610.00 (-2.40 %) kial 126.00 (-1.56 %) klm axiva 15.75 (1.61 %) kurlon limited 1,255.00 (0.40 %) lava 49.00 (-2.00 %) mahindra rural mrhfl 100.00 manipal housing 74.00 (2.07 %) manjushree technopack 3,050.00 (0.66 %) martin & harris 975.00 (-1.52 %) matrix gas 950.00 (-1.04 %) merino 3,350.00 (1.52 %) minosha 282.00 (0.71 %) mitsubishi heavy 207.00 (-0.48 %) mkcl 410.00 (-2.38 %) mobikwik 595.00 (-0.34 %) mohan meakin 2,150.00 (2.38 %) mohfl 13.60 (-0.73 %) msei 1.15 (-0.86 %) msil 36.00 (2.86 %) nayara energy 595.00 (-0.83 %) nayara energy ncd 315.00 (3.28 %) ncdex 220.00 (-0.90 %) ncl buildtek 310.00 (3.33 %) ncl holdings 92.00 (1.10 %) northern arc 400.00 nsdl 825.00 (1.85 %) nse 5,700.00 (1.79 %) orbis financial 340.00 (0.29 %) oswal minerals 60.10 (-1.48 %) otis 3,700.00 (-0.67 %) oyo 43.50 (-1.14 %) panasonic appliances 262.00 (0.77 %) paymate india 520.00 (-0.95 %) pharmeasy 8.50 (-2.30 %) pharmed limited 480.00 (2.13 %) philips domestic 720.00 (-1.37 %) philips india 910.00 (-1.09 %) pnb metlife 70.00 proyuga adtech 25.00 purity flexpack 20.00 ramaraju surgical 255.00 (-1.92 %) rapido 16,650.00 (0.03 %) rasoi 31,500.00 (0.32 %) reliance gic 505.00 (1.00 %) resins plastics 475.00 (3.26 %) ring plus aqua 530.00 (0.95 %) rrl 1,275.00 (2.00 %) rrp s4e innovation 345.00 (-1.43 %) sab miller 490.00 (2.94 %) sbi amc 2,170.00 (0.93 %) sbi general insurance 620.00 (3.33 %) scottish assam 480.00 (2.13 %) shriram life 261.00 (0.38 %) sigachi laboratories 36.00 (-2.70 %) signify 1,310.00 (-1.50 %) smile microfinance 55.00 (1.85 %) sterlite power 748.00 (-0.27 %) studds 915.00 (-1.08 %) svsml 315.00 (2.94 %) swiggy 355.00 (1.43 %) t stanes 810.00 (1.25 %) tata capital 1,040.00 (-0.95 %) teesta agro 77.00 (-6.21 %) trl krosaki 1,300.00 (1.96 %) urban tots 92.00 (2.22 %) utkarsh coreinvest 310.00 (3.33 %) vadilal dairy 10.00 vikram solar 285.00 (-1.72 %) vivriti capital 1,150.00 (-0.86 %) waree energies 2,150.00 (-0.46 %)
×

Sun Finlease Gujarat Ltd Annual Report, Financials, Balance Sheet

Sun Finlease Gujarat Limited (Sun Finlease) Return Comparision with Primex 40 Index

Periods 1 Week 1 Month 3 Months 6 Months 1 Year 3 Years All Time
Primex-40
Sun Finlease Gujarat Limited

Sun Finlease Gujarat Limited Balance Sheet (Rs In Lakhs)

Particulars

2023

2022

ASSETS:

 

 

Financial assets

 

 

(a) Cash and cash equivalent

2.64

15.69

(b) Loans

-

1.68

(c) Investments

0.51

147.28

(d) Other financial assets

150.51

265.62

Total Financial Assets

153.66

430.27

Non Financial Asset

 

 

(a) Property Plant and Equipment

12.06

15.98

(b) Deferred Tax Assets

15.43

8.46

(c) Other Non Financial Assets

1.45

7.99

Total Non Financial Assets

28.94

32.43

Total Assets

182.6

462.7

LIABILITIES AND EQUITY:

 

 

LIABILITIES

 

 

Financial Liabilities

 

 

(a) Other Payables

 

 

(i) Total outstanding dues of creditors other than above

0.06

0.01

(b) Borrowings (Other than Debt Securities)

125

-

(c) Other financial Liabilities

3.92

0.16

Total Financial Liabilities

128.98

0.17

Non Financial Liabilities

 

 

(a) Provisions

3.49

3.3

Total Non Financial Liabilities

3.49

3.3

Equity

 

 

(a) Equity share capital

303.34

303.34

(b) Other Equity

-253.21

155.89

Total Equity

50.13

459.23

Total Liabilities and Equity

182.6

462.7

 Sun Finlease Gujarat Limited Profit & Loss Statement (Rs In Lakhs)

Particulars

2023

2022

Revenue From Operations

 

 

Interest Income

46.23

37.69

Dividend Income

0.86

2.3

Net Gain /(loss) on financial instruments

-

4.94

Net gain on fair value changes

-

4.53

Total Revenue from operations

47.09

49.46

Other Income

2.04

1.54

Total Income

49.13

51

Expenses

 

 

Finance Costs

39.8

20.83

Net loss on financial instruments

353.14

-

Net loss on fair value changes

22.93

-

Employee benefit expenses

24.61

31.46

Depreciation , amortization and impairment

3.2

3.29

Others expenses

21.51

23.53

Total Expenses

465.19

79.11

Profit/(Loss) before Exceptional items and tax

-416.06

-28.11

Exceptional Items

-

-10.04

Prior Period expense

-

-35.47

Profit/(Loss) before tax

-416.06

-73.62

Tax expense:

 

 

(A) Deferred Tax (Income)/ Expense

-6.97

-35.38

 

-6.97

-35.38

Profit/(Loss) for the year

-409.09

-38.24

Total comprehensive income for the year

-409.09

-38.24

Earnings/(Loss) per equity share

 

 

Basic

-13.49

-1.26

Diluted

-13.49

-1.26

Sun Finlease Gujarat Limited Consolidated Cash Flow Statement (Rs In Lakhs)

 

 

 

Particulars

2023

2022

Cash Flow From Operating Activities

 

 

Net Profit/(Loss) Before Tax

-416.06

-73.62

Add :Non operating and non cash items debited in P&L

 

 

Depreciation and Amortization expense

3.2

3.29

Provision

0.8

0.1

Net Gain And Loss Fair Value changes

22.93

-4.53

 

26.93

-1.14

Less :Non operating and non cash items credited in P&L

 

 

Profit on Sale of car

1.54

-

Interest on Income tax refund

0.4

0.96

 

1.94

0.96

Operating Profit Before Working Capital Changes

-391.08

-75.72

(Increase) / Decrease in Financial Assets

 

 

Changes in Financial Assets-Loans

1.68

-

Changes in Other Financial Assets

115.11

5.43

Changes in Other Financial Liabilities- Other payables

0.05

-0.89

Changes in Other financial liabilities

3.76

0.09

Cash Generated From Operations

-270.48

-71.09

Net Cash Inflow/(outflow) flow from operating activities (A)

-270.48

-71.09

Cash Flow From Investing Activities

 

 

Purchase of fixed assets

-0.06

-

Sale of Fixed Assets

16.76

-

Changes in Investment

108.33

-89.62

Dividend Income

0.86

2.3

Net Cash Inflow/(outflow) flow from Investing activities (B)

125.89

-87.32

Cash Flow From Financing Activities

 

 

Changes in Non Financial Assets

6.54

162.84

Changes In borrowings

125

 

Net Cash Inflow/(outflow) flow from Financing activities (C)

131.54

162.84

Net Increase / (Decrease) in Cash and Cash Equivalents

-13.05

4.43

Add : Cash and Cash Equivalents as at 1st April, 2021

15.69

11.26

Cash and Cash Equivalents as at 30th September, 2021

2.64

15.69

 Certainly, here is a summary of the Cash Flow Statement for the years 2023 and 2022:

2023:

1. Cash Flow from Operating Activities:

The company experienced a net cash outflow of -270.48 Rs from its operating activities in 2023, indicating a significant use of cash in its core operations.

The net profit before tax was -416.06 Rs, showing a loss before accounting for taxes.

Various non-operating and non-cash items, including depreciation and amortization expenses of 3.2 Rs, provisions of 0.8 Rs, and net gains and losses from fair value changes of 22.93 Rs, were added back.

Non-operating and non-cash items credited in the Profit & Loss statement included a profit on the sale of a car (1.54 Rs) and interest on income tax refund (0.4 Rs), with a total credit of 1.94 Rs.

The operating profit before working capital changes was -391.08 Rs.

Changes in financial assets and liabilities included increases in loans (1.68 Rs), significant changes in other financial assets (115.11 Rs), and minor changes in other financial liabilities.

Cash generated from operations amounted to -270.48 Rs, resulting in a net cash outflow from operating activities of the same amount.

2. Cash Flow from Investing Activities:

The company had a net cash inflow of 125.89 Rs from its investing activities in 2023.

This included the purchase of fixed assets (-0.06 Rs), sale of fixed assets (16.76 Rs), significant changes in investments (108.33 Rs), and dividend income (0.86 Rs).

3. Cash Flow from Financing Activities:

The company had a net cash inflow of 131.54 Rs from its financing activities in 2023.

This was primarily due to changes in non-financial assets (6.54 Rs) and changes in borrowings (125 Rs).

4. Net Increase/(Decrease) in Cash and Cash Equivalents:

The overall net decrease in cash and cash equivalents for the year was -13.05 Rs.

The year began with 15.69 Rs in cash and cash equivalents and ended with 2.64 Rs, indicating a decrease in cash reserves.

2022:

1. Cash Flow from Operating Activities:

The company experienced a net cash outflow of -71.09 Rs from its operating activities in 2022, indicating a significant use of cash in its core operations.

The net profit before tax was -73.62 Rs, showing a loss before accounting for taxes.

Non-operating and non-cash items added back included depreciation and amortization expenses (3.29 Rs), provisions (0.1 Rs), and net gains and losses from fair value changes (-4.53 Rs).

The company credited non-operating and non-cash items in the Profit & Loss statement, including a profit on the sale of a car, and interest on income tax refund, totaling 0.96 Rs.

The operating profit before working capital changes was -75.72 Rs.

Changes in financial assets and liabilities included minor changes in loans, other financial assets, and other financial liabilities.

Cash generated from operations amounted to -71.09 Rs, resulting in a net cash outflow from operating activities of the same amount.

2. Cash Flow from Investing Activities:

The company had a net cash outflow of -87.32 Rs from its investing activities in 2022.

This included a minor purchase of fixed assets, no sale of fixed assets, significant changes in investments (-89.62 Rs), and dividend income (2.3 Rs).

3. Cash Flow from Financing Activities:

The company had a net cash inflow of 162.84 Rs from its financing activities in 2022, primarily due to changes in non-financial assets (162.84 Rs).

4. Net Increase/(Decrease) in Cash and Cash Equivalents:

The overall net increase in cash and cash equivalents for the year was 4.43 Rs.

The year began with 11.26 Rs in cash and cash equivalents and ended with 15.69 Rs, indicating an increase in cash reserves.

In summary, the company experienced significant cash outflows from operating activities in both 2023 and 2022, with a substantial loss before tax. The net increase or decrease in cash and cash equivalents was negative in 2023 and positive in 2022. The cash flow from investing and financing activities contributed to these changes in cash reserves. The detailed figures provide insights into the company 's financial performance and resource management during these years.

Bellow are the Financial Ratios

Particulars

2023

2022

Current Ratio

1.19

7.22

Debt Equity Ratio

2.49

N.A

Operating Profit Margin

0.0101

0.0101

Here is a summary of the financial and operational metrics for Sun Finlease Gujarat Limited for the years 2023 and 2022:

2023:

1.Current Ratio:

The current ratio in 2023 was 1.19, which indicates that the company 's current assets are higher than its current liabilities. This suggests relatively healthy short-term liquidity, allowing the company to meet its immediate financial obligations.

2. Debt Equity Ratio:

In 2023, the Debt Equity Ratio was 2.49, suggesting that the company has a significant amount of debt in its capital structure relative to equity. However, it 's important to note that "N.A" is mentioned for 2022, which may imply that the company did not have this ratio calculated or did not have any debt in its capital structure that year.

3. Operating Profit Margin:

The operating profit margin in 2023 was 0.0101, indicating that the company earned a 1.01% profit on its operating activities. This margin remained the same as in 2022.

2022:

1.Current Ratio:

In 2022, the current ratio was significantly higher at 7.22, which indicates very strong short-term liquidity and the ability to meet immediate financial obligations with ease.

2. Debt Equity Ratio:

"N.A" is mentioned for 2022, suggesting that the company either didn 't calculate this ratio or had no debt in its capital structure during that year.

3. Operating Profit Margin:

In 2022, the operating profit margin was the same as in 2023, at 0.0101, signifying a 1.01% profit on operating activities.

Annual Report

Sun Finlease Gujarat Ltd Annual Report for FY 2022-23

Download
Wealth Wisdom - WWIPL
Support Megha Support Neha

News Alert