AKS Credits Annual Report | Balance Sheet

AKS Credits Limited (AKS Credits ) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
Primex-40
AKS Credits Limited

AKS Credits Limited Standalone BALANCE SHEET Of AS AT 31st March 2022 (All amounts in INR hundreds, unless otherwise stated)

Particulars	31st March 2022	31st March 2021
SOURCES OF FUNDS :
Share Capital	11	11
Reserves Total	-0.41	-0.93
Total Shareholders Funds	10.59	10.07
Unsecured Loans	6.48	9.32
Total Loan Funds	6.48	9.32
Total Liabilities	17.07	19.39
APPLICATION OF FUNDS :
Loan / Non-Current Assets	17.46	19.36
Fixed Assets
Cash and Bank Balance	0.15	0.18
Loans and Advances	0.33	0.25
Total Current Assets	0.48	0.43
Less: Current Liab. & Provisions
Current Liabilities	0.72	0.1
Provisions	0.15	0.31
Total Current Liabilites & Provisions	0.87	0.4
Net Current Assets	-0.39	0.03
Total Assets	17.07	19.39

AKS Credits Limited Profit & Loss Statement (Standalone)

Particulars	Mar-22	Mar-21	Mar-20
INCOME :
Operating Income	3.48	1.55	1.34
Other Income	0.24	0	0.05
Total Income	3.72	1.55	1.39
EXPENDITURE :
Operating & Administration Expenses	2.01	0.46	0.36
Miscellaneous Expenses	0	0.17	0
Interest	0.82	0.81	0.85
Employee Expense	0.25	0.09	0
Total Expenditure	3.08	1.53	1.21
Gross Profit	0.63	0.03	0.18
Profit Before Tax	0.63	0.03	0.18
Tax	0.11	0.05	0.06
Reported Net Profit	0.52	-0.03	0.12
Adjusted Net Profit	0.52	-0.03	0.12
Adjustment below net profit	-0.1	0.01	-0.02
P & L Balance brought forward	-0.95	-0.93	-1.03
P & L Balance carried down	-0.53	-0.95	-0.93
Earnings Per Share-Unit Curr	0.48	-0.02	0.11
Earnings Per Share(Adj)-Unit Curr	0.48	-0.02	0.11
Book Value-Unit Curr	9.63	9.15	9.18
Book Value(Adj)-Unit Curr	9.63	9.15	9.18

AKS Credits Limited Cash Flow Statement for the last three years (In Rs. Crore)

Particulars	31st March 2020	31st march 2019	31st MARCH 2018
Cash Flow Summary
Cash and Cash Equivalents at Beginning of the year	0.18	0.18	0
Net Cash from Operating Activities	2.81	2.13	0
Net Profit before Tax & Extraordinary Items	0.63	0.03	0
Op. Profit before Working Capital Changes	0.63	0.03	0
Trade Payables	0.6	0	0
Loans & Advances	1.9	2.09	0
Others	-0.21	0.07	0
Total (OP before Working Capital Changes)	2.29	2.16	0
Cash Generated from/(used in) Operations	2.92	2.19	0
Direct Taxes Paid	-0.11	-0.05	0
Total-others	-0.11	-0.05	0
Cash Flow before Extraordinary Items	2.81	2.13	0
Net Cash Used in Financing Activities	-2.84	-2.13	0
Of the Long Tem Borrowings	-2.84	-2.13	0
Net Inc/(Dec) in Cash and Cash Equivalent	-0.02	0	0
Cash and Cash Equivalents at End of the year	0.15	0.18	0

Summary of AKS Credits Cash Flow Statement for the last three years (In Rs. Crore )

Operating Activities:

- Net cash from operating activities increased from 2.13 in 2019 to 2.81 in 2020, indicating an increase in cash generated from regular business operations.

- Net profit before tax and extraordinary items increased from 0.03 in 2019 to 0.63 in 2020, reflecting improved profitability.

- Op. Profit before working capital changes also increased from 0.03 in 2019 to 0.63 in 2020.

- Trade payables increased from 0 in 2019 to 0.6 in 2020.

- Loans and advances remained relatively stable over the years.

- Other adjustments, represented by the "Others" category, had a minor impact on the cash flow from operating activities.

Financing Activities:

- Net cash used in financing activities remained consistent at -2.13 in 2019 and -2.84 in 2020.

- Repayment of long-term borrowings accounted for the entire financing activity.

Overall, the cash flow from operating activities increased, indicating an improvement in cash generated from regular business operations. The net change in cash and cash equivalents was slightly negative in 2020, -0.02, indicating a small decrease in available cash. Financing activities primarily involved the repayment of long-term borrowings.

Funds Flow Statement Of AKS Credits Limited (Rs. In Crores)

Particulars	Mar-20	Mar-19	Mar-18
Sources of funds
Cash profit	0.52	0	0.12
Increase in equity	0	11	11
Increase in loan funds	0	9.32	11.45
Decrease in working capital	2.32	0	0
Total Inflow	2.84	20.32	22.57
Application of funds
Cash loss	0	0.03	0
Decrease in networth	0	0.9	1.03
Decrease in loan funds	2.84	0	0
Increase in working capital	0	19.39	21.55
Total Outflow	2.84	20.32	22.58

Key Finanacial Ratio Of AKS Credits Limited (Rs. In Crores)

Particulars	31st March 2022	31st March 2021	31st March 2020
Key Ratios
Debt-Equity Ratio	0.76	0.93	1.13
Long Term Debt-Equity Ratio	0.76	0.93	1.13
Current Ratio	29.48	0	1.46
Turnover Ratios
Total Asset Turnover Ratio	0.19	0.08	0.06
Interest Cover Ratio	1.77	1.02	1.21
PBIDTM (%)	38.98	54.19	74.1
PBITM (%)	38.98	54.19	74.1
PBDTM (%)	16.94	1.94	12.95
CPM (%)	13.98	-1.94	8.63
APATM (%)	13.98	-1.94	8.63
ROCE (%)	7.84	0	4.58
RONW (%)	4.91	0	1.09

AKS Credits Annual Reports, Balance Sheet and Financials

AKS Credits Limited (AKS Credits ) Return Comparision with Primex 40 Index

AKS Credits Limited Standalone BALANCE SHEET Of AS AT 31st March 2022 (All amounts in INR hundreds, unless otherwise stated)

AKS Credits Limited Profit & Loss Statement (Standalone)

AKS Credits Limited Cash Flow Statement for the last three years (In Rs. Crore)

Summary of AKS Credits Cash Flow Statement for the last three years (In Rs. Crore )

Funds Flow Statement Of AKS Credits Limited (Rs. In Crores)

Key Finanacial Ratio Of AKS Credits Limited (Rs. In Crores)

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