Vadilal Dairy International Annual Reports, Balance Sheet and Financials

Particulars

As at 31 March 2023

As at 31 March 2022

A. ASSETS

1 Non-Current Assets

a) Property, plant and equipment

863.46

878.87

b) Capital work-in-progress

-

-

c) Financial assets

(i) Investments

8

8

(ii) Loans & Advances

-

(iii) Other Financial Assets

323

321.11

d) Deferred Tax Asset Net

136.96

66.99

e) Other Non-current assets

-

Total Non-Current Assets

1,331.42

1,274.97

2 Current Assets

a) Inventories

932.13

549.84

b) Financial assets

(i) Investments

5.09

4.82

(ii) Trade receivables

225.91

152.95

(iii) Cash and cash equivalents

53.05

321.56

(iv) Other balances with banks

(v) Loans & Advances

23.92

24.29

c) Other current assets

92.78

115.42

Total Current Assets

1,332.88

1,168.89

TOTAL ASSETS

2,664.31

2,442.86

B. EQUITY AND LIABILITIES

Equity

a) Equity share capital

319.42

319.42

b) Other equity

544.62

627.26

Total equity

864.04

946.68

Liabilities

1 Non-Current Liabilities

a) Financial Liabilities

(i) Long Term Borrowings

700.78

714.4

(ii) Other financial liabilities

-

-

b) Provisions

67.58

70.74

c) Other non-current liabilities

-

Total Non-Current Liabilities

768.36

785.14

2 Current Liabilities

a) Financial liabilities

(i) Borrowings

281.25

168.73

(ii) Trade payables

484.24

347.41

(A) Total outstanding dues of micro enterprises and small enterprises: and

130.88

80.55

(B) Total oustanding dues of creditors other than micro enterprises and small enterprises

353.36

266.86

b) Provisions

41.75

62.94

c) Other current liabilities

224.68

131.97

Total Current Liabilities

1,031.92

1,058.45

Total Liabilities

1800.27

1,843.59

TOTAL EQUITY AND LIABILITIES

2664.31

2,442.86

PARTICULARS

2023

2022

REVENUE

Revenue from operations

2,882.61

1,796.74

Other income

34.52

25.83

TOTAL INCOME

2,917.13

1,822.57

EXPENSES

Cost of materials consumed

1,464.39

760.92

Changes in inventories of finished goods,

work-in-progress and stock- in-trade

-146.54

-29.87

Employee benefit expenses

345.58

248.63

Finance costs

16.02

8.85

Depreciation and amortisation expense

195.81

220.88

Other expenses

1,156.80

791.95

TOTAL EXPENSES

3,032.06

2,001.36

Profit / (loss) before Tax for the period

-114.93

-178.79

Tax expense

Current tax

-

Deferred tax

-69.98

-26.68

Short/ (Excess) Provision of earlier years

43.15

Total Tax Expense

-26.83

-26.68

Profit / (loss) for the period

-88.1

-152.11

Other Comprehensive Income

a) Items that will not be reclassified to profit and loss

i) Remeasurements of the defined benefit plans

5.47

6.95

b) Income tax on items that will not be reclassified subsequently to statement of profit and loss

-1.42

-1.81

Other Comprehensive Income, net of tax

4.05

5.14

Total comprehensive income for the year

-84.06

-146.71

Earning per equity share of face value of Rs.10 each

I) For Contuining operation

Basic (in Rs.)

-2.76

-4.76

Diluted (in Rs.)

Particulars

 31st March 2023

 31 March 2022 

A. Cash Flow from Operating Activities

Net Profit / (Loss) after extraordinary items and tax

-114.93

-178.79

Adjustments for:

Depreciation and amortisation

195.81

220.88

Finance costs

-16.02

8.85

Interest income

3.06

-13.31

Dividend income

0.01

-0.04

Net (gain) / loss on sale of investments

-

-6.03

Liabilities /provisions no longer required written back

-

-0.31

Provsion for Taxation

-

31.82

Deferred Tax

-69.98

-24.87

112.89

216.98

Operating Profit / (loss) before Working Capital Changes

-2.05

38.19

Adjustments for -

Trade and Other Receivables

-72.7

159.93

Inventories

-382.29

-223.97

Trade and Other Payables

205.2

-127.5

-250.06

-191.54

Net Cash Flow from / (used in) Operating Activities (A)

-252.1

-153.35

B. Cash flow from Investing Activities

Capital expenditure on fixed assets, including capital advances

-184.4

-31.21

Purchase of Investment

-0.27

-

Proceeds from sale of Investments

16.04

Interest received

-3.06

13.31

Dividend received

-0.01

0.04

Net Cash Flow from / (used in) Investing Activities (B)

-183.74

-1.82

C. Cash Flow from Financing activities

Share application money received / (refunded)/ Change in Equity

31.29

Proceeds from long-term borrowings

98.9

68.56

Repayment of long-term borrowings

21.12

-

Finance cost

16.02

-8.85

Net Cash Flow from / (used in) Financing Activities (C)

167.34

59.71

Net Increase / (Decrease) in Cash and Cash Equivalents (A+B+C)

-268.25

-95.46

Cash and cash equivalents at the beginning of the year

321.56

417.02

Cash and Cash Equivalents at the end of the year

53.32

321.56

Reconciliation of Cash and cash equivalents with the Balance Sheet:

Cash and cash equivalents as per Balance Sheet

321.56

417.02

Net Cash and cash equivalents

-268.25

-95.72

Cash and Cash Equivalents at the end of the year

53.32

321.30

Cash And Cash Equivalent Comprises of:

(a) Cash on hand

16.03

1.66

(b) Balances with banks

(i) In current accounts

32.66

61.38

(c)Short-term bank deposit with original maturity between 3 to 12 months

4.35

258.53

53.05

321.56

Particulars

31-Mar-23

31-Mar-22

Current Ratio (in times)

1.85

-0.01

Debt-Equity Ratio (in times)

0.93

0.25

Debt Service Coverage Ratio (in times)

-21.59

-0.73

Return on Equity Ratio (in %)

0.16%

0.41%

Inventory Turnover Ratio (in times)

1.67

0.26

Trade Receivables Turnover Ratio (in times)

8.46

1.3

Trade Payable Turnover Ratio (in times)

2.54

2.21

Net Capital Turnover Ratio (in times)

3.35

0.75

Net Profit Ratio (in %)

-0.08%

-0.70%

Return on Capital Employed Ratio (in %)

-0.10%

-0.51%

Return on Investment (in %)

0.61%

                     -  

Particulars

2023

2022

Dividend per Share

                     -  

                     -  

Retained Earnings (In Rs. Lacs)

              705.18

              793.28