| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| T Stanes and Company Limited |
|
Particulars |
2023 |
2022 |
|
ASSETS |
|
|
|
Non-current Assets |
|
|
|
Property, plant and equipment |
3,651.97 |
3,402.37 |
|
Capital work-in-progress |
82.99 |
|
|
Investment property |
167.5 |
-145.27 |
|
Right-of-use assets |
112.08 |
103.62 |
|
Financial assets |
|
|
|
i) Investments |
2,400.32 |
2,984.59 |
|
ii) Others |
142.53 |
88.95 |
|
Deferred tax assets |
21.03 |
15.14 |
|
Other non-current assets |
85.27 |
23.85 |
|
Total non- current assets |
6,663.69 |
6,763.79 |
|
Current Assets |
|
|
|
Inventories |
6,579.66 |
6,550.91 |
|
Financial assets |
|
|
|
i) Investments |
119.3 |
65.39 |
|
ii) Trade receivables |
7,740.93 |
8,294.28 |
|
iii) Cash and cash equivalents |
773.04 |
911.96 |
|
iv) Bank balances other than (iii) above |
2,625.99 |
1,020.96 |
|
v) Other financial assets |
79.61 |
54.57 |
|
Current tax assets (net) |
|
4.19 |
|
Other current assets |
-662.07 |
893.13 |
|
Total current assets |
18,580.60 |
17,795.39 |
|
TOTAL ASSETS |
25,244.29 |
24,559.18 |
|
Particulars |
2023 |
2022 |
|
REVENUE |
|
|
|
a) Revenue from operations |
49,657.48 |
47,894.88 |
|
b) Other income |
346.78 |
265.29 |
|
Total Income |
50,004.26 |
48,160.17 |
|
EXPENSES |
|
|
|
a) Cost of materials consumed |
18,924.04 |
16,880.14 |
|
b) Purchases of stock-in-trade |
17,718.92 |
19,389.26 |
|
c) Changes in inventories of finished goods and stock-in-trade |
224.04 |
-839.7 |
|
d) Employee benefits expense |
4,268.47 |
4,318.23 |
|
e) Finance costs |
43.36 |
43.47 |
|
f) Depreciation and amortisation expense |
508.12 |
510.45 |
|
g) Other expenses |
5,866.52 |
5,410.69 |
|
Total Expenses |
47,553.47 |
45,712.54 |
|
Profit before tax |
2,450.79 |
2,447.63 |
|
Tax expense |
|
|
|
Current tax |
716.51 |
723.55 |
|
Deferred tax |
-9.1 |
-31.98 |
|
Net tax expense |
707.41 |
691.57 |
|
Profit for the year |
1,743.38 |
1,756.06 |
|
Other comprehensive income/(loss) (OCI) |
|
|
|
i) Items that will not be reclassified to profit or loss |
|
|
|
a) Re-measurements of the defined benefit plans |
-10.59 |
-71.07 |
|
b) Equity instruments through OCI |
-567.24 |
377.23 |
|
ii) Income tax on items that will not be reclassified to profit or loss |
-63.94 |
-5.02 |
|
Total other comprehensive income/(loss) |
-641.77 |
301.14 |
|
Total comprehensive income for the year |
1,101.61 |
2,057.20 |
|
Profits attributable to |
|
|
|
Non-controlling interest |
-115.14 |
-111.76 |
|
Owners of the Company |
1,858.52 |
1,867.82 |
|
Other comprehensive income attributable to |
|
|
|
Non-controlling interest |
6.63 |
-0.09 |
|
Owners of the Company |
-648.4 |
301.23 |
|
Total comprehensive income attributable to |
|
|
|
Non-controlling interest |
-108.51 |
-111.85 |
|
Owners of the Company |
1,210.12 |
2,169.05 |
|
|
1,101.61 |
2,057.20 |
|
Earnings per share (of ` 10/- each): |
|
|
|
Basic (in `) |
73.68 |
74.21 |
|
Diluted (in `) |
73.68 |
74.21 |
|
Particulars |
2023 |
2022 |
|
A. CASH FLOW FROM OPERATING ACTIVITIES |
|
|
|
Profit after tax : |
1,743.38 |
|
|
Adjustments for |
|
|
|
Tax expense (net) |
707.41 |
691.57 |
|
Depreciation and amortisation expense |
508.12 |
510.45 |
|
Profit on sale of property, plant and equipment (net) |
-11.35 |
-22.13 |
|
Net gain on sale of investments |
-0.73 |
-10.6 |
|
Loss on switch over of mutual fund |
1.47 |
|
|
Fair value loss from financial asset |
1.77 |
|
|
Allowance for credit loss |
29.52 |
31.19 |
|
Bad debts write off (net) |
57.86 |
55.19 |
|
Impairment of Property, plant & equipment |
|
- |
|
Rental income |
-155.14 |
-105.35 |
|
Dividend income |
-46.25 |
-36.64 |
|
Interest income |
-69.52 |
-44.14 |
|
Unrealised foreign exchange (gain)/loss |
-4 |
-12.94 |
|
Finance costs |
43.36 |
43.47 |
|
Operating profit before working capital changes |
2,805.90 |
2,856.13 |
|
Changes in working capital |
|
|
|
Adjustments for (increase) / decrease in operating assets: |
|
|
|
Inventories |
-28.75 |
-1,221.96 |
|
Trade receivables |
469.97 |
-980.73 |
|
Non-current and current financial assets |
-78.58 |
22.2 |
|
Non-current and current assets |
221.41 |
-295.47 |
|
Adjustments for increase / (decrease) in operating liabilities: |
|
|
|
Trade payables |
-470.94 |
995.33 |
|
Non-current and current financial liabilities |
93.6 |
22.9 |
|
Current liabilities |
200.94 |
115.35 |
|
Non-current and current provisions |
41.68 |
25.02 |
|
Cash generated from operations |
3,255.23 |
1,538.77 |
|
Income taxes paid |
-734.84 |
-656.51 |
|
Net cash flow from operating activities (A) |
2,520.39 |
882.26 |
|
B. CASH FLOW FROM INVESTING ACTIVITIES |
|
|
|
Purchase of property, plant and equipments including capital advances |
-813.28 |
-345.69 |
|
Proceeds from sale of property plant and equipment |
15.33 |
29.01 |
|
Sale / (purchase) of investments (net) |
-39.39 |
53.41 |
|
Rental income |
155.14 |
105.35 |
|
Other bank balances |
-1,611.58 |
-129.27 |
|
Interest received |
69.52 |
44.14 |
|
Dividend received |
46.21 |
36.64 |
|
Net cash flow used in Investing activities (B) |
-2,178.05 |
-206.41 |
|
C. CASH FLOW FROM FINANCING ACTIVITIES |
|
|
|
Payment for buy-back of equity shares (net of tax) |
|
|
|
Finance costs paid |
-30.04 |
-46.46 |
|
Payment of dividends |
-354.93 |
-295.77 |
|
Payment of lease liabilities |
-96.29 |
-49.85 |
|
Net cash flow used in financing activities (C) |
-481.26 |
-392.08 |
|
NET INC/DEC IN CASH AND CASH EQUIVALENTS (A+B+C) |
-138.92 |
283.77 |
|
Cash and cash equivalents at the beginning of the year |
911.96 |
628.19 |
|
Cash and cash equivalents at the end of the year |
773.04 |
911.96 |
|
Cash and cash equivalents at the end of the year |
|
|
|
(a) Cash on hand |
25.5 |
18.23 |
|
(b) Cheques on hand |
156.72 |
241.01 |
|
(c) Balances with banks |
|
|
|
In current accounts |
53.5 |
121.8 |
|
Others - ( Cash Credit account ) |
532.32 |
530.92 |
|
In deposit accounts - original maturity less than 3 months |
5 |
- |
Certain, here is a summary of the Cash Flow Statement for the years 2023 and 2022:
A. Cash Flow from Operating Activities
- In 2023, the company reported a profit after tax of Rs. 1,743.38.
- Adjustments for various items, including tax expense, depreciation, profit/loss on the sale of assets, allowance for credit loss, and others, resulted in an operating profit before working capital changes of Rs. 2,805.90 in 2023.
- Changes in working capital, including adjustments for changes in operating assets (inventories, trade receivables, financial assets) and operating liabilities (trade payables, financial liabilities, provisions), led to a net cash flow from operating activities of Rs. 2,520.39 in 2023.
- Income taxes paid during the year amounted to Rs. -734.84 in 2023.
B. Cash Flow from Investing Activities
- Cash flow from investing activities in 2023 included the purchase of property, plant, and equipment, proceeds from the sale of such assets, and transactions related to investments, including the sale/purchase of investments.
- The company also received rental income, interest income, and dividend income during the year.
- The net cash flow used in investing activities in 2023 was Rs. -2,178.05.
C. Cash Flow from Financing Activities
- Cash flow from financing activities in 2023 included payments for the buy-back of equity shares (net of tax), finance costs paid, payment of dividends, and payment of lease liabilities.
- The net cash flow used in financing activities in 2023 was Rs. -481.26.
Net Increase/Decrease in Cash and Cash Equivalents
- The net decrease in cash and cash equivalents for the entire year (A + B + C) was a decrease of Rs. -138.92 in 2023.
- The balance of cash and cash equivalents as of March 31, 2023, stood at Rs. 773.04, compared to Rs. 911.96 as of March 31, 2022.
Breakdown of Cash and Cash Equivalents at the End of the Year
- Cash on hand: Rs. 25.5
- Cheques on hand: Rs. 156.72
- Balances with banks in current accounts: Rs. 53.5
- Balances with others in Cash Credit account: Rs. 532.32
- Balances with banks in deposit accounts with original maturity less than 3 months: Rs. 5
|
Particulars |
2023 |
2022 |
|
Current ratio |
2.44 |
2.25 |
|
Return on equity |
12.03% |
13.23% |
|
Inventory turnover ratio |
5.86 |
6.34 |
|
Trade receivables turnover ratio |
6.06 |
5.97 |
|
Trade payables turnover ratio |
6.9 |
7.24 |
|
Net capital turnover ratio |
4.42 |
4.83 |
|
Net profit ratio |
4.20% |
4.34% |
|
Return on capital employed |
15.59% |
16.35% |
|
Return on investment |
-18.23% |
11.54% |
Here is a summary of the financial and operational metrics for T Stanes and Company Limited
1.Current Ratio
- In 2023, the current ratio was 2.44, indicating that the company had Rs. 2.44 in current assets for every Rs. 1 in current liabilities.
- In 2022, the current ratio was slightly lower at 2.25, suggesting a strong liquidity position in both years, with an improvement from 2022 to 2023.
2. Return on Equity (ROE)
- In 2023, the ROE was 12.03%, indicating that the company generated a return of 12.03% on shareholders ' equity during the year.
- In 2022, the ROE was slightly higher at 13.23%, showing a marginally higher return on equity in the previous year.
3.Inventory Turnover Ratio
- In 2023, the inventory turnover ratio was 5.86, suggesting that the company 's inventory was turned over approximately 5.86 times during the year.
- In 2022, the ratio was slightly higher at 6.34, indicating a slightly faster turnover of inventory in the previous year.
4.Trade Receivables Turnover Ratio
- In 2023, the trade receivables turnover ratio was 6.06, suggesting that the company collected its outstanding receivables approximately 6.06 times during the year.
- In 2022, the ratio was 5.97, indicating a similar turnover of trade receivables in the previous year.
5.Trade Payables Turnover Ratio
- In 2023, the trade payables turnover ratio was 6.9, indicating that the company paid its trade payables approximately 6.9 times during the year.
- In 2022, the ratio was 7.24, suggesting a slightly faster turnover of trade payables in the previous year.
6. Net Capital Turnover Ratio
- In 2023, the net capital turnover ratio was 4.42, indicating the efficiency of the company in utilizing its capital to generate sales.
- In 2022, the ratio was slightly higher at 4.83, showing a slightly higher capital turnover in the previous year.
7. Net Profit Ratio
- In 2023, the net profit ratio was 4.20%, indicating that the company earned a net profit of 4.20% on its total revenue during the year.
- In 2022, the ratio was slightly higher at 4.34%, suggesting a slightly higher net profit margin in the previous year.
8. Return on Capital Employed (ROCE)
- In 2023, the ROCE was 15.59%, indicating a return of 15.59% on the capital employed by the company.
- In 2022, the ROCE was slightly higher at 16.35%, suggesting a slightly higher return on capital employed in the previous year.
9.Return on Investment (ROI)
- In 2023, the ROI was -18.23%, indicating a negative return on the company 's total investment.
- In 2022, the ROI was 11.54%, showing a positive return on investment in the previous year.
