Amrit India Annual Reports, Balance Sheet and Financials

Amrit India Limited Balance Sheet (Rs In Thousands)

Amrit India Limited Profit & Loss Statement (Rs In Thousand)

Amrit India Limited Consolidated Cash Flow Statement (Rs In Thousand)

Certainly, here is a summary of the Cash Flow Statement for the years 2023 and 2022:

Cash Flow from Operating Activities (2022 vs. 2021):

1. Net Income Before Tax and Extraordinary Items:

In 2022, the net income before tax and extraordinary items was -953.35, indicating a loss, compared to -141.26 in 2021.

2. Adjustments for Finance Cost:

An adjustment of 183 was made for finance costs in 2022.

3. Operating Profit Before Working Capital Changes:

The operating profit before working capital changes was -770.35 in 2022, representing a negative operating profit, compared to -141.26 in 2021.

4. Cash Generated From Operations:

The cash generated from operations was -602.89 in 2022, reflecting a negative cash flow, compared to -41.36 in 2021.

5. Net Cash from Operating Activities:

The net cash from operating activities was -602.89 in 2022, indicating a net outflow of cash, compared to -41.36 in 2021.

Cash Flow from Financing Activities (2022 vs. 2021):

1. Proceeds From Borrowings:

In 2022, there were proceeds from borrowings, with a specific value not provided. In 2021, there were no proceeds from borrowings.

2. Interest Paid:

Interest paid amounted to -183 in 2022.

3. Net Cash from/(Used in) Financing Activities:

The net cash from/(used in) financing activities was -183 in 2022, indicating a net cash outflow, compared to 1000 in 2021, indicating a net cash inflow.

Net (Decrease) Increase in Cash & Cash Equivalents:

The net decrease in cash and cash equivalents was -785.89 in 2022, compared to an increase of 958.64 in 2021.

Cash and Cash Equivalents at the Beginning and End of the Year:

Cash and cash equivalents at the beginning of the year were 1352.02 in 2022 and 393.39 in 2021. At the end of the year, they were 566.14 in 2022 and 1352.02 in 2021.

Bellow are the Financial Ratios

Here is a summary of the financial and operational metrics for Amrit India Limited for the years 2022 and 2021:

Financial Ratios:

1. Current Ratio:

In 2022, the current ratio decreased significantly to 0.43 from 1.19 in 2021. A current ratio below 1 indicates potential liquidity issues, and the company may struggle to meet its short-term obligations with its current assets.

2. Debt Equity Ratio:

The debt-equity ratio dropped to -1.35 in 2022 from 4.73 in 2021. A negative debt-equity ratio is unusual and might be attributed to negative equity. This could be a sign of financial distress or unique financial circumstances.

3. Debt Service Coverage Ratio:

The debt service coverage ratio worsened from -0.14 in 2021 to -0.65 in 2022. A negative ratio suggests the company 's inability to cover its debt obligations with its operating income.

4. Return on Equity (ROE) Ratio:

The return on equity ratio is not provided for 2021, but it 's -0.67 in 2022. A negative ROE indicates a net loss relative to shareholder equity, which could be a concern for investors.

5. Return on Capital Employed (ROCE) Ratio:

The return on capital employed deteriorated from -0.12 in 2021 to -4.4 in 2022. A negative ROCE suggests that the company is not generating sufficient returns from its capital employed, which is a concerning trend.