A B Corp Annual Report, Balance Sheet & Financials

Amitabh Bachchan Corporation Pvt Ltd Balance Sheet (Rs in Thousands)

Amitabh Bachchan Corporation Pvt Ltd Profit & Loss Statement (Rs in Thousands)

 Amitabh Bachchan Corporation Pvt Ltd Consolidated Cash Flow Statement (Rs in Thousands)

Here is a summary of the Cash Flow Statement for the years 2024 and 2023:

Cash Flow from Operating Activities:

The company reported a net cash outflow of ₹8,659 thousand from operating activities in 2024, a notable improvement from the larger outflow of ₹45,093 thousand in 2023. The company recorded a loss before tax of ₹7,063 thousand in 2024, compared to ₹8,603 thousand in 2023. Operating adjustments included depreciation of ₹106 thousand and other provisions like gratuity and leave encashment. Key movements in working capital contributed to the improved cash flow, such as an increase in inventories by ₹1,500 thousand and a decrease in trade payables by ₹679 thousand. Trade and other receivables saw no significant changes in 2024, while they had a substantial impact in 2023. Despite improved working capital management, the company remained in a negative cash flow position, reflecting ongoing challenges in generating cash from core operations.

Cash Flow from Investing Activities:

The company generated a net cash inflow of ₹2,453 thousand from investing activities in 2024, up from ₹1,284 thousand in 2023. This inflow was largely driven by interest income from investments, amounting to ₹2,453 thousand. The increase in interest income in 2024, compared to the previous year, provided a modest boost to the company’s cash position. Despite the overall positive cash flow from investing activities, it was not enough to offset the cash outflows from operations.

Cash Flow from Financing Activities:

In financing activities, the company saw a net cash outflow of ₹411 thousand in 2024, slightly down from ₹536 thousand in 2023. This outflow was primarily due to the payment of dividends to shareholders, including the tax thereon. The dividend payment, though smaller in 2024, still contributed to the reduction in cash reserves.

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

As a result of these activities, the company experienced a net decrease in cash and cash equivalents by ₹6,617 thousand in 2024, an improvement from the ₹44,345 thousand decrease in 2023. Despite the overall negative cash flow, the company ended the year with a cash balance of ₹11,995 thousand as of March 31, 2024, down from ₹18,612 thousand at the beginning of the year.

Financial Ratios of Amitabh Bachchan Corporation Pvt Ltd

Here is a summary of the financial and operational metrics for Amitabh Bachchan Corporation Pvt Ltd for the year 2024 and 2023:

Current Ratio (2024: 8.93)

The current ratio measures a company 's ability to meet its short-term obligations with its short-term assets. A ratio of 8.93 in 2024 indicates that the company has ₹8.93 in current assets for every ₹1 of current liabilities. This very high ratio suggests that the company is in a strong liquidity position and can comfortably cover its short-term debts.

Debt-Equity Ratio (2024: 0.02)

The debt-equity ratio compares the company’s total debt to its shareholders ' equity. In 2024, the ratio stood at 0.02, indicating that the company has a very low level of debt compared to its equity base. This shows that the company is largely financed through equity rather than borrowing, which reduces its financial risk.

Return on Equity Ratio (2024: -0.57%)

The return on equity (ROE) ratio measures the profitability of a company relative to shareholders ' equity. A negative ROE of -0.57% in 2024 indicates that the company experienced a loss, meaning it was not able to generate positive returns for its shareholders.