Amrit Agro Annual Reports, Balance Sheet and Financials

Amrit Agro Industries Limited Balance Sheet (In Rs. Lakhs)

Amrit Agro Industries Limited Profit & Loss Statement (In Rs. Lakhs)

Amrit Agro Industries Limited’s Cash Flow Statement for the last three years (In Rs. Lakhs)

Summary of given cash flow

• Cash Flow from Operating Activities: The cash flow from operating activities shows the cash generated from the company 's core business operations. In 2022-23, the net profit before tax was -136.89. However, there were certain adjustments made to calculate the cash flow. Interest received was -43.90, dividend received was -38.82, and there was a profit on the sale of investments amounting to 202.38. On the other hand, there was an unrealized loss on investments carried at fair value through the statement of profit and loss of -58.21. The cash generated from operations for 2022-23 was 89.10. After accounting for income tax paid (-10.94), the net cash generated from operating activities for 2022-23 was 78.16. This indicates the net increase or decrease in cash resulting from the company 's day-to-day operations during the period.
• Cash Flow from Investing Activities: Moving on to cash flow from investing activities, there were several transactions in 2022-23. The company had a net outflow of cash from the sale or purchase of investments (-594.11), but it also earned interest income of 43.90 and dividend income of 38.80. There was a small increase in long-term loans and advances (0.06). The company also made net purchases of fixed assets (-1.80). Consequently, the net cash flow used in investing activities for 2022-23 was -509.53.
• Cash Flow from Financing Activities: In terms of cash flow from financing activities, the company received proceeds from long-term borrowing and other long-term liabilities (-6.72) and issued equity share capital (337.23). However, there were finance costs (-1.25). As a result, the net cash generated from financing activities for 2022-23 was 329.26.

Taking all the cash flows into consideration, the net increase or decrease in cash and cash equivalents for 2022-23 was -102.11. The opening balance of cash and cash equivalents was 107.70, and the closing balance at the end of the period was 5.59. This indicates that the company had a decrease in its cash and cash equivalents during 2022-23.

Amrit Agro Industries Limited Key Financial Ratios (Standalone)

Summary of given Key Financial Ratios

• Debt- Equity Ratio: The debt-equity ratio was extremely low in both years, with a value of 0.00 in 2022-23 and 0.001 in 2021-22. This indicates that the company had virtually no debt in relation to its equity.
• Debt Service Coverage Ratio: The debt service coverage ratio was -20.98 in 2022-23, indicating that the company 's cash flow from operations was insufficient to cover its debt obligations. However, in 2021-22, the ratio improved to 7.31, indicating a healthier ability to service debt.
• Return on Equity Ratio: The return on equity ratio measures the profitability generated by the company 's equity. In 2022-23, the ratio was -7.81%, implying a negative return on equity. Conversely, in 2021-22, the ratio was 3.22%, indicating a modest return on equity.
• Trade Receivables Turnover Ratio: The trade receivables turnover ratio was not provided for 2022-23, while in 2021-22, it stood at 6.8 times. This ratio measures the efficiency of collecting trade receivables, with a higher value indicating a shorter collection period.
• Net Capital Turnover Ratio: The net capital turnover ratio was not provided for 2022-23. In 2021-22, it was 1.39 times, indicating the company 's ability to generate sales relative to its capital investment.’
• Net Profit Ratio: The net profit ratio was not provided for 2022-23, while in 2021-22, it was 9.05%.
• Return on Capital Employed Ratio: The return on capital employed ratio was -8.37% in 2022-23, indicating a negative return on the capital employed in the business. In 2021-22, the ratio improved to 3.89%, suggesting a positive return on capital employed.
• Return on Investment Ratio: The return on investment ratio was -4.58% in 2022-23, indicating a negative return on investment. However, in 2021-22, the ratio was 11.44%, suggesting a positive return on investment.

Overall, these ratios reflect the company 's financial performance, profitability, liquidity, and efficiency, highlighting areas of strength as well as areas that may require attention.

Amrit Agro Industries Limited Share Dividend History

Amrit Agro Industries Limited Recent Financial Performance

• Net Revenue from Operations were 489.55 Lakhs as of 31st March 2022.
• EBITDA declined by 308.97% from Rs. 61.63 Lakhs in FY 2022 to Rs. -128.79 Lakhs in FY 2023 but EBITDA margins increased from 9.92% to 91.38% in FY 2023.
• Total borrowings of the company decreased from Rs. 9.3 Lakhs as of 31st March 2022 to Rs. 3.86 Lakhs as of 31st March 2023. Due to this, the Finance cost of the company decreased by 6.01% from Rs. 1.33 Lakhs to Rs. 1.25 Lakhs.
• Profit after Tax decreased by 366.04% from Rs. 44.29 in FY 2022 to Rs. -117.83 Lakhs in FY 2023. Profit after Tax (PAT) margins incline from 7.13% in FY 2022 to 83.62% in FY 2023.
• For FY 2022, the company’s EPS was Rs. -3.21.
• The current Ratio of the company as of 31st March 2022 is 9.71.
• The Debt to Equity Ratio of the company as of 31st March 2022 was 0.
• The book value of the company as of 31st March 2022 is 25.36.