A V Thomas Annual Reports, Balance Sheet and Financials

A.V. Thomas And Company Limited Balance Sheet (Rs in Lakhs)

A.V. Thomas And Company Limited Profit & Loss Statement (Rs in Lakhs)

A.V. Thomas And Company Limited Consolidated Cash Flow Statement (Rs in Lakhs)

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

Cash Flow from Operating Activities

Net Profit Before Tax and Extraordinary Items

31-03-2024: 8700.93 / 31-03-2023: 6867.69 The company reported a higher net profit before tax and extraordinary items in 2024, indicating improved profitability.

Adjustments for Non-Cash Items and Other Items

Depreciation and Amortisation

31-03-2024: 931.73 / 31-03-2023: 837.74 Depreciation and amortization expenses increased, suggesting higher capital expenditure on assets.

(Profit)/Loss on Sale of Investments

31-03-2024: -364.6 / 31-03-2023: -248.66 The profit on the sale of investments increased, contributing positively to cash flow.

(Profit)/Loss on Sale of PPE

31-03-2024: -61.35 / 31-03-2023: -60.97 The profit on the sale of property, plant, and equipment remained relatively constant.

Allowance for Credit Impairment

31-03-2024: 1.43 / 31-03-2023: - An allowance for credit impairment was recognized in 2024, impacting cash flow negatively.

Interest / Dividend Received

31-03-2024: -44.41 / 31-03-2023: -29.51 Interest and dividend received increased, contributing positively to cash flow.

Unrealised Exchange Gain Fluctuation

31-03-2024: -8.72 / 31-03-2023: -5.47 Unrealized exchange gains increased, impacting cash flow positively.

Interest Expense

31-03-2024: 153.94 / 31-03-2023: 2.12 Interest expense increased significantly in 2024.

Provision for Inventory

31-03-2024: 33.25 / 31-03-2023: 1.28 Provision for inventory increased, indicating higher inventory adjustments.

Adjustment for Fair Valuation of Leases

31-03-2024: 87.33 / 31-03-2023: 56.72 Fair valuation adjustments for leases increased, impacting cash flow positively.

Repayment of Lease Liability

31-03-2024: -443.65 / 31-03-2023: -293.19 Repayment of lease liabilities increased, impacting cash flow negatively.

Interest Income on Financial Assets Measured at Amortised Cost

31-03-2024: -45.95 / 31-03-2023: -5.71 Interest income increased, contributing positively to cash flow.

Fair Value of Investments Recognised in P&L Account

31-03-2024: -770.41 / 31-03-2023: -207.54 Fair value adjustments for investments increased, impacting cash flow positively.

Operating Profit Before Working Capital Changes

31-03-2024: 8169.52 / 31-03-2023: 7124.18 The operating profit before working capital changes was higher in 2024, indicating improved operational efficiency.

Adjustments for Changes in Working Capital

Trade Receivables

31-03-2024: -246.5 / 31-03-2023: 655.8 Trade receivables decreased in 2024 compared to an increase in 2023, indicating improved collections.

Inventories

31-03-2024: 447.12 / 31-03-2023: -686.74 Inventories decreased in 2024, contributing positively to cash flow.

Trade Payables

31-03-2024: 739.99 / 31-03-2023: -699.44 Trade payables increased significantly in 2024, impacting cash flow positively.

Other Current Liabilities

31-03-2024: 233.09 / 31-03-2023: -325.05 Other current liabilities increased in 2024, contributing positively to cash flow.

Increase in Provision

31-03-2024: -68.17 / 31-03-2023: -44.96 Provisions decreased in 2024, impacting cash flow negatively.

Reversal of Accrued Income

31-03-2024: -0.85 / 31-03-2023: 34.84 Reversal of accrued income impacted cash flow negatively in 2024.

Decrease in Loans

31-03-2024: 2.31 / 31-03-2023: -2.51 Loans decreased in 2024, contributing positively to cash flow.

Other Current Assets

31-03-2024: 840.02 / 31-03-2023: -341.81 Other current assets decreased significantly in 2024, contributing positively to cash flow.

Cash Generated from Operations

31-03-2024: 9222.29 / 31-03-2023: 5714.31 Cash generated from operations was significantly higher in 2024.

Direct Taxes Paid

31-03-2024: -2263.33 / 31-03-2023: -1756.95 Direct taxes paid increased in 2024.

Net Cash from Operating Activities

31-03-2024: 6958.96 / 31-03-2023: 3957.36 Net cash from operating activities was substantially higher in 2024, reflecting improved operational performance.

Cash Flow from Investing Activities

Sales of PPE

31-03-2024: 154.2 / 31-03-2023: 68.02 Proceeds from the sale of property, plant, and equipment increased in 2024.

Purchase of PPE

31-03-2024: -570.01 / 31-03-2023: -458.95 Purchases of property, plant, and equipment increased in 2024.

Interest / Dividend Received

31-03-2024: 90.36 / 31-03-2023: 35.22 Interest and dividend income increased significantly in 2024.

Purchase of Investments

31-03-2024: -9952.36 / 31-03-2023: -9856.09 Purchases of investments increased slightly in 2024.

Inter-Corporate Loan

31-03-2024: -2500 / 31-03-2023: - An inter-corporate loan was made in 2024, impacting cash flow negatively.

Sale of Investments

31-03-2024: 8496.45 / 31-03-2023: 9635.91 Proceeds from the sale of investments decreased in 2024.

Net Cash from Investing Activities

31-03-2024: -4291.36 / 31-03-2023: -575.89 Net cash used in investing activities was significantly higher in 2024, indicating increased investment activity.

Cash Flow from Financing Activities

Term Loan

31-03-2024: -390 / 31-03-2023: -195 Repayment of term loans increased in 2024.

Interest Paid

31-03-2024: -153.94 / 31-03-2023: -211.7 Interest paid decreased in 2024.

Buy Back of Shares (Including Tax)

31-03-2024: -574.23 / 31-03-2023: -1795.53 Expenditure on share buybacks decreased significantly in 2024.

Dividend Paid

31-03-2024: -1381.45 / 31-03-2023: -1474.51 Dividend payments decreased in 2024.

Net Cash from Financing Activities

31-03-2024: -50.56 / 31-03-2023: -49.78 Net cash outflow from financing activities was slightly higher in 2024.

Net Increase/Decrease in Cash and Cash Equivalents

Net Increase/(Decrease) in Cash and Cash Equivalents

31-03-2024: 167.98 / 31-03-2023: -295.27 There was a net increase in cash and cash equivalents in 2024 compared to a decrease in 2023.

Financial Ratios of A.V. Thomas And Company Limited

Here is a summary of the financial and operational metrics for A.V. Thomas And Company Limited for the year 2024 & 2023:

Current Ratio (in times)

2024: 6.02

2023: 5.3

Insight: The current ratio has increased from 5.3 to 6.02, indicating improved liquidity and a stronger ability to cover short-term liabilities with short-term assets.

2. Debt Equity Ratio (in times)

2024: 0.02

2023: 0.04

Insight: The debt-equity ratio has decreased from 0.04 to 0.02, reflecting a reduction in the company’s leverage. This suggests a more conservative approach to financing with minimal reliance on debt.

3. Debt Service Coverage Ratio (in times)

2024: 79.88

2023: 44.17

Insight: The debt service coverage ratio has improved significantly from 44.17 to 79.88. This indicates a substantial increase in the company’s ability to service its debt obligations from its earnings.

4. Return on Equity Ratio (in %)

2024: 24.93%

2023: 21.36%

Insight: Return on equity has increased from 21.36% to 24.93%, indicating enhanced profitability and better returns generated for shareholders.

5. Inventory Turnover Ratio (in times)

2024: 6.13

2023: 6.1

Insight: The inventory turnover ratio has remained stable, slightly increasing from 6.1 to 6.13. This suggests consistent efficiency in managing and selling inventory.

6. Trade Receivable Turnover Ratio (in times)

2024: 32.93

2023: 29.4

Insight: The trade receivable turnover ratio has improved from 29.4 to 32.93, indicating faster collection of receivables and improved cash flow management.

7. Trade Payable Turnover Ratio (in times)

2024: 53.88

2023: 51.67

Insight: The trade payable turnover ratio has increased from 51.67 to 53.88, suggesting that the company is paying its suppliers more quickly.

8. Net Capital Turnover Ratio (in times)

2024: 4.04

2023: 4.48

Insight: The net capital turnover ratio has decreased from 4.48 to 4.04, indicating slightly reduced efficiency in using working capital to generate sales.

9. Net Profit Ratio (in %)

2024: 5.99%

2023: 4.96%

Insight: The net profit ratio has improved from 4.96% to 5.99%, reflecting increased profitability and a higher percentage of revenue translating into net profit.

10. Return on Capital Employed Ratio (in %)

2024: 23.67%

2023: 20.59%

Insight: Return on capital employed has increased from 20.59% to 23.67%, indicating improved efficiency in generating returns from the company’s capital.

11. Return on Investment (in %)

2024: 0.29%

2023: 3.78%

Insight: The return on investment has decreased significantly from 3.78% to 0.29%, indicating a notable drop in the returns generated from investments.

Dividend History

A.V. Thomas And Company Limited Recent Financial Performance

Dividend per Share: The specific dividend per share figure for 2024 and 2023 is Rs. 200 & Rs. 150, Dividend per share represents the portion of a company 's earnings that is distributed to shareholders in the form of dividends. A higher dividend per share may indicate that the company is sharing more of its profits with shareholders.

Retained Earnings: Retained earnings for 2024 amounted to Rs. 120,28.11 Lakhs, while in 2023, they were Rs. 9,529 Lakhs. Retained earnings represent the portion of a company 's profits that is reinvested in the business rather than distributed as dividends. An increase in retained earnings suggests that the company has retained more of its profits for reinvestment or future growth.

To provide a more comprehensive analysis, it would be necessary to consider additional financial metrics such as revenue, net profit, assets, liabilities, and cash flows. Additionally, an analysis of trends over multiple years and a comparison to industry benchmarks and competitors would help in assessing the company 's financial health and performance.