AITMC Annual Report, Balance Sheet & Revenue

AITMC Ventures Private Limited Balance Sheet (Rs in Lakhs)

AITMC Ventures Private Limited Profit & Loss Statement (Rs in Lakhs)

 AITMC Ventures Private 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:

In 2024, the company reported a profit before tax of ₹1,293.01 lakhs, significantly higher than the ₹697.10 lakhs in 2023. Various adjustments were made to reconcile this profit to cash generated from operations, including non-cash items like depreciation (₹325.59 lakhs in 2024 compared to ₹177.99 lakhs in 2023) and finance costs (₹114.38 lakhs in 2024 vs ₹84.46 lakhs in 2023). Interestingly, liabilities no longer required and written back resulted in a large reduction of ₹442.40 lakhs in 2024 compared to ₹21.68 lakhs in 2023.

After adjusting for changes in working capital, such as an increase in trade receivables (₹2,135.44 lakhs in 2024), trade payables (₹1,353.14 lakhs), and lease liabilities (₹189.17 lakhs), the net cash generated from operations was negative ₹192.89 lakhs in 2024, down from positive ₹1,085.32 lakhs in 2023. After paying ₹140.81 lakhs in taxes, the net cash flow from operating activities was negative ₹333.70 lakhs, contrasting with a positive inflow of ₹973.47 lakhs in the previous year.

Cash Flow from Investing Activities:

In 2024, the company made significant payments towards the purchase of property, plant, and equipment (PPE) and right-of-use assets, amounting to ₹744.73 lakhs, compared to ₹647.42 lakhs in 2023. On the positive side, there were proceeds of ₹58.00 lakhs from the sale or purchase of investments. Additionally, interest income contributed ₹7.05 lakhs. However, these cash inflows were insufficient to offset the outflows, resulting in a net cash used in investing activities of ₹679.68 lakhs in 2024, a slight increase from the negative ₹623.78 lakhs in 2023.

Cash Flow from Financing Activities:

The financing activities show a significant turnaround in 2024, with a net cash inflow of ₹1,023.41 lakhs compared to a net outflow of ₹276.95 lakhs in 2023. This positive movement was primarily due to the issuance of share capital, generating ₹1,019.00 lakhs, a massive increase from ₹64.17 lakhs in the previous year. Additionally, the company saw proceeds from borrowings amounting to ₹118.79 lakhs in 2024, as opposed to a repayment of borrowings (₹256.66 lakhs) in 2023. Finance costs remained stable, with an outflow of ₹114.38 lakhs in 2024.

Financial Ratios of AITMC Ventures Private Limited

Here is a summary of the financial and operational metrics for AITMC Ventures Private Limited for the year 2024 and 2023:

Current Ratio:

The current ratio measures a company 's ability to pay its short-term liabilities with its short-term assets. In 2024, the ratio improved to 1.72 from 1.11 in 2023, indicating a healthier liquidity position. A current ratio above 1 implies that the company has sufficient assets to cover its current liabilities, improving its ability to meet short-term obligations.

Debt-to-Equity Ratio:

This ratio shows the proportion of debt used to finance the company relative to equity. In 2024, the debt-equity ratio decreased slightly to 0.08 from 0.10 in 2023, indicating that the company is primarily equity-financed with minimal reliance on debt. Lower debt-equity ratios are typically seen as lower financial risk, making the company more stable.

Debt Service Coverage Ratio (DSCR):

The DSCR measures the company’s ability to repay its debt obligations from its operating income. The DSCR dropped significantly from 45.06 in 2023 to 16.88 in 2024. Although still a high ratio, indicating that the company generates ample earnings to cover its debt payments, the decline suggests a decrease in the buffer between earnings and debt service obligations.

Return on Equity (ROE) Ratio:

ROE reflects how effectively the company is using shareholders ' equity to generate profit. In 2024, the ROE was 0.29%, down from 0.42% in 2023. The decline indicates that the company 's profitability relative to shareholders ' equity has weakened slightly, meaning it is generating a lower return for investors.

Return on Capital Employed (ROCE):

ROCE evaluates how efficiently the company is generating profits from its capital employed, including both equity and debt. The ratio declined from 0.67% in 2023 to 0.46% in 2024, reflecting a decrease in overall profitability from the capital utilized in the business. A falling ROCE could signal less efficient use of capital to generate returns.

Return on Investment (ROI) Ratio:

ROI indicates the profitability of the company 's investments. The ratio showed a slight dip from 0.15% in 2023 to 0.14% in 2024. This marginal decline suggests a minimal reduction in the efficiency with which the company is generating returns on its investments.

Net Profit Ratio:

The net profit ratio measures the company 's ability to convert revenue into profit. In 2024, the ratio was 0.21%, down slightly from 0.23% in 2023, showing a small decline in the company’s overall profitability. This means that for every rupee of revenue, the company generated less net income compared to the previous year.

Inventory Turnover Ratio:

This ratio indicates how efficiently the company manages its inventory by showing how often it is sold and replaced during the year. In 2024, the inventory turnover ratio was 57.89, which is very high and suggests the company has been able to sell and replace its inventory very quickly. No figure is available for 2023, making a direct comparison difficult, but a high ratio generally reflects strong sales or efficient inventory management.

Trade Receivables Turnover Ratio:

This ratio shows how efficiently the company collects payments from customers. In 2024, it was 1.51, down from 1.59 in 2023. A lower ratio could indicate that the company is taking slightly longer to collect payments from its customers compared to the previous year, which might impact its cash flow.

Trade Payables Turnover Ratio:

This ratio measures how quickly the company pays its suppliers. The ratio decreased from 0.04 in 2023 to 0.02 in 2024, implying that the company is taking longer to pay its trade payables.

Net Capital Turnover Ratio:

This ratio indicates how efficiently the company uses its working capital to generate revenue. The ratio dropped significantly from 20.03 in 2023 to 4.03 in 2024, showing that the company is generating less revenue per unit of working capital compared to the previous year.