Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
---|---|---|---|---|---|---|---|
Primex-40 | |||||||
Alirox Abrasives Limited |
PARTICULARS |
2023 |
2022 |
ASSETS |
|
|
Non - current assets |
||
(a) Property, plant and equipment |
42.33 |
53.47 |
(b) Financial Assets |
|
|
(i) Investment |
8,085.10 |
5,987.20 |
(c) Other Non Current Asset |
0.69 |
0.26 |
Total non current assets |
8,128.12 |
6,040.93 |
Current assets |
|
|
(a) Financial assets |
|
|
(i) Investments |
35.92 |
42.14 |
(ii) Cash and cash equivalents |
42.69 |
8.62 |
(iii) Other Financial Assets |
2.22 |
2.22 |
(b) Current Tax Asset |
9.16 |
13.08 |
(c ) Other current assets |
1,899.19 |
10.91 |
Total current assets |
1,989.18 |
76.97 |
Total assets |
10,117.29 |
6,117.90 |
EQUITY AND LIABILITIES |
|
|
Equity |
|
|
(a) Equity share capital |
24 |
24 |
(b) Other equity |
10,068.02 |
6,069.95 |
(c) Non Controlling Interest |
0.18 |
- |
Total equity |
10,092.20 |
6,093.95 |
LIABILITIES |
|
|
Non - current liabilities |
|
|
(a) Deferred tax liabilities (net) |
10.38 |
13.75 |
Total non current liabilties |
10.38 |
13.75 |
Current liabilities |
|
|
(a) Financial Liabilities |
|
|
(i)Total Outstanding dues to creditors |
0.3 |
0.3 |
(b) Other current liabilities |
8.25 |
2.18 |
( c) Current Tax Liability |
6.16 |
7.72 |
Total current liabilties |
14.71 |
10.2 |
Total Equity & Liabilities |
10,117.29 |
6,117.90 |
PARTICULARS |
2023 |
2022 |
I Revenue from operations |
45.6 |
45.6 |
II Other income |
41.74 |
29.37 |
III Total income (I + II) |
87.34 |
74.97 |
IV Expenses |
|
|
Finance Cost |
- |
3.88 |
Employee benefits expense |
45.2 |
37.67 |
Depreciation and amortization expense |
11.15 |
14.28 |
Other expenses |
29.12 |
12.47 |
Total expenses |
85.47 |
68.29 |
V Profit / (loss)for the year before tax (III-IV) |
1.88 |
6.68 |
VI Tax expense |
|
|
(1) Current tax |
6.16 |
5.4 |
(2) Deferred tax |
-2.85 |
-3.63 |
(3) Income tax pertaining to earlier years |
0.03 |
-0.9 |
|
3.34 |
0.87 |
VII Net Profit/(Loss) for the year after tax (V - VI) VIII Other comprehensive income |
-1.46 |
5.81 |
A Items that will not be reclassified to profit or loss |
||
Re-measurement gains/(losses) on Investment |
2,144.06 |
144.78 |
IX Total comprehensive income for the period (VI + VIII) |
2,142.60 |
150.59 |
X Earnings per equity share |
|
|
Nominal value of equity shares ( Rs 10.00 each) |
|
|
(1) Basic |
-0.06 |
2.42 |
(2) Diluted |
-0.06 |
2.42 |
PARTICULARS |
2022-23 |
2021-22 |
Cash Flow from Operating Activities: |
|
|
Net Profit before tax |
1.86 |
6.68 |
Adjustments |
||
Depreciation / Amortization |
11.15 |
14.28 |
Net Gain on Value of Mutual Fund Amount Written Back |
-1.76 |
-2.04 |
Amount Written Off |
-0.44 |
- |
Dividend Income |
-36.12 |
-22.65 |
Interest Income |
-3.85 |
-4.62 |
(Profit)/Loss on sale of Investments (Profit)/Loss on sale of PPE |
- |
- |
Operating Profit before working Capital Changes |
-28.29 |
-8.37 |
Adjustments for working Capital changes : |
|
|
Inventories |
|
|
Trade and Other Payables |
3.19 |
-16.37 |
Trade and Other Receivables |
-3.55 |
3.63 |
Cash Generated from Operations |
-28.67 |
-21.11 |
Net Direct Taxes Paid/Refund |
-5.62 |
-5.33 |
Net Cash from Operating activities |
-34.27 |
-26.43 |
B Cash Flow from Investing Activities |
|
|
BuyBack of Equity Shares |
-230.17 |
- |
Purchase of Investments Sale of Investments |
-39.34 |
- |
Interest Received |
-3.85 |
-4.62 |
Dividend Received |
36.12 |
22.65 |
Net Cash used in Investing Activities |
-229.54 |
27.28 |
C Cash Flow from Financing Activities |
|
|
Inter Corporate Loan Repaid |
- |
-86 |
Net cash from / ( used in) financing activities |
- |
-86 |
Net increase in cash and cash equivalents ( A+B+C) |
-263.81 |
-85.16 |
Cash and cash equivalents ( Opening Balance) |
306.5 |
93.78 |
Cash and cash equivalents ( Closing Balance)* |
42.69 |
8.62 |
Change in Cash & Cash Equivalents |
-263.81 |
-85.16 |
|
|
|
Components of Cash & Cash Equivalents |
As at 31 March 2023 |
As at 31 March 2022 |
Balances with banks |
|
|
- in Current Accounts |
42.49 |
8.46 |
- Deposits with original maturity of less than 3 months Cash on hand |
-0.2 |
-0.16 |
Cheques in hand |
|
|
Net Cash & Cash Equivalents |
42.69 |
8.62 |
Certainly, here is a summary of ALIROX ABRASIVES Ltd Consolidated Cash Flow Statement for the last two years, activity-wise:
Cash Flow from Operating Activities:
- Net Profit before tax decreased from 6.68 in 2021-22 to 1.86 in 2022-23, indicating lower profitability in the most recent year.
- Depreciation/Amortization expenses decreased from 14.28 in 2021-22 to 11.15 in 2022-23, which could be due to reduced asset depreciation.
- Net Gain on Value of Mutual Fund Amount Written Back improved slightly from -2.04 in 2021-22 to -1.76 in 2022-23.
- Amount Written Off increased from zero in 2021-22 to -0.44 in 2022-23, indicating potential write-offs in the latest year.
- Dividend Income increased significantly from -22.65 in 2021-22 to -36.12 in 2022-23, indicating higher dividend receipts.
- Interest Income decreased slightly from -4.62 in 2021-22 to -3.85 in 2022-23.
- Operating Profit before working Capital Changes decreased significantly from -8.37 in 2021-22 to -28.29 in 2022-23, indicating operational challenges or lower profitability.
- Adjustments for working Capital Changes:
- Trade and Other Payables improved from -16.37 in 2021-22 to 3.19 in 2022-23, indicating better management of payables.
- Trade and Other Receivables decreased from 3.63 in 2021-22 to -3.55 in 2022-23, suggesting a decrease in receivables or potential collection issues.
- Net Cash from Operating Activities decreased from -26.43 in 2021-22 to -34.27 in 2022-23, indicating a decrease in cash generated from core operations.
Cash Flow from Investing Activities:
- BuyBack of Equity Shares of -230.17 in 2022-23 is a significant cash outflow, which was not present in the previous year.
- Purchase of Investments and Sale of Investments amounted to -39.34 in 2022-23, indicating some investment activities.
- Interest Received remained stable at -3.85, and Dividend Received increased from 22.65 in 2021-22 to 36.12 in 2022-23.
- Net Cash used in Investing Activities increased significantly from 27.28 in 2021-22 to -229.54 in 2022-23, indicating substantial investments and buyback of equity shares.
Cash Flow from Financing Activities:
- Inter Corporate Loan Repaid amounted to -86 in 2021-22, and there is no specified amount for 2022-23.
- Net cash from / (used in) financing activities was -86 in 2021-22, with no specified amount for 2022-23.
Cash and cash equivalents:
- Cash and cash equivalents (Closing Balance) increased from 8.62 in 2021-22 to 42.69 in 2022-23, indicating a stronger cash position at the end of the year.
Components of Cash & Cash Equivalents (As at 31 March):
- Balances with banks in Current Accounts increased from 8.46 in 2021-22 to 42.49 in 2022-23.
- Deposits with original maturity of less than 3 months and Cash on hand remained relatively stable.
PARTICULARS |
2023 |
2022 |
Current ratio |
6.65 |
7.04 |
Return on equity ratio |
0.0015 |
0.0016 |
Net capital turnover ratio |
0.65 |
0.46 |
Net profit ratio |
0.23 |
0.22 |
Return on capital employed |
0.0017 |
0.0018 |
Return on investment |
0.0056 |
0.0045 |
1. Current Ratio:
- 2023: 6.65
- 2022: 7.04
- Analysis: The current ratio measures a company 's ability to cover its short-term liabilities with its short-term assets. ALIROX ABRASIVES has a high current ratio in both years, indicating a strong ability to meet its short-term obligations.
2. Return on Equity Ratio:
- 2023: 0.0015 (0.15%)
- 2022: 0.0016 (0.16%)
- Analysis: The return on equity (ROE) ratio represents the profitability of shareholders ' equity. ALIROX ABRASIVES has a low ROE in both years, indicating that it is generating a relatively small return on shareholders ' investments.
3. Net Capital Turnover Ratio:
- 2023: 0.65
- 2022: 0.46
- Analysis: The net capital turnover ratio measures how efficiently a company uses its capital to generate revenue. ALIROX ABRASIVES has improved its capital turnover in 2023, indicating better utilization of capital for revenue generation.
4. Net Profit Ratio:
- 2023: 0.23 (23%)
- 2022: 0.22 (22%)
- Analysis: The net profit ratio, also known as the profit margin, represents the percentage of profit earned for every rupee of sales. ALIROX ABRASIVES has a stable net profit margin, with a slight increase in 2023, indicating a consistent level of profitability.
5. Return on Capital Employed (ROCE):
- 2023: 0.0017 (0.17%)
- 2022: 0.0018 (0.18%)
- Analysis: The return on capital employed (ROCE) ratio measures the efficiency of capital utilization in generating profit. ALIROX ABRASIVES has a relatively low ROCE in both years, suggesting that it may need to improve its capital utilization efficiency.
6. Return on Investment (ROI):
- 2023: 0.0056 (0.56%)
- 2022: 0.0045 (0.45%)
- Analysis: The return on investment (ROI) ratio evaluates the return generated from overall investments. ALIROX ABRASIVES has a modest ROI, with a slight improvement in 2023, indicating a reasonable return on investments.