Anheuser-Busch Inbev Share Price: Buy Sell Online

Anheuser Busch InBev India Limited Balance Sheet (In Rs Millions)

Anheuser Busch InBev India Limited Profit & Loss Statement (In Rs Millions)

Anheuser Busch InBev India Limited Cash Flow Statement (In Rs Millions)

Here is the summary of cashflow statement for the FY 2023 and 2022:

Cash Flow from Operating Activities

The cash flow from operating activities begins with the operating loss before tax, which is a loss of ₹4,389 million in FY 2022-23, compared to ₹3,653 million in FY 2021-22. This loss is adjusted for various non-cash items such as depreciation and amortisation expense (₹1,876 million in 2022-23), finance costs (₹719 million), and provisions related to indirect tax and legal matters (₹110 million). Other adjustments include loss allowances on trade receivables, allowance for doubtful non-financial assets, bad debts written off, employee stock option expense, and gains from sales of property and assets. After accounting for these adjustments, the operating loss before changes in working capital is ₹2,026 million for FY 2022-23 and ₹1,416 million for FY 2021-22.

Changes in working capital, including increases or decreases in assets like inventories, trade receivables, and other assets, as well as liabilities like trade payables and other financial liabilities, are accounted for in this section. In FY 2022-23, inventories increased by ₹4,362 million, which significantly impacted the cash flow. The net cash used in operating activities for FY 2022-23 is ₹5,944 million, compared to ₹1,758 million for FY 2021-22.

Cash Flow from Investing Activities

Cash flows from investing activities reflect the cash used or generated through the acquisition and disposal of property, plant, and equipment, as well as other investments. In FY 2022-23, the company spent ₹1,192 million on the purchase of property, plant, and equipment and received ₹886 million from the sale of these assets. Other investing activities, such as the receipt of interest and the maturity and creation of fixed deposits, resulted in cash inflows and outflows. Overall, the net cash used in investing activities in FY 2022-23 is ₹306 million, compared to a cash inflow of ₹412 million in FY 2021-22.

Cash Flow from Financing Activities

Financing activities represent cash inflows and outflows related to raising capital, repaying loans, and paying interest. In FY 2022-23, the company received ₹2,048 million from the issue of shares and spent ₹6 million on share issue expenses. Cash outflows included ₹330 million for principal lease payments and ₹132 million for interest paid on lease liabilities. Additionally, the company generated ₹748 million from the sale and leaseback of assets, while it repaid ₹345 million on working capital loans. The net cash generated from financing activities for FY 2022-23 is ₹7,613 million, compared to ₹1,338 million in FY 2021-22.

Net Increase / (Decrease) in Cash and Cash Equivalents

The total net increase in cash and cash equivalents is ₹1,363 million for FY 2022-23, compared to a decrease of ₹8 million in FY 2021-22. This change is influenced by the cash flows from operating, investing, and financing activities. The cash balance at the beginning of FY 2022-23 was ₹510 million, and after the net increase, the ending balance is ₹1,873 million. Additionally, the effect of exchange rate changes on cash and cash equivalents was negligible.

Anheuser Busch InBev India Limited Financial Ratio

Here are the insights based on the financial ratios for Anheuser Busch InBev India Limited for the year ended March 31, 2023:

Current Ratio (0.83)
The current ratio of 0.83 indicates that the company has less than one unit of current assets for every unit of current liabilities. This suggests potential liquidity challenges, as the company may face difficulties in meeting its short-term obligations without raising additional funds or liquidating assets.

Debt-Equity Ratio (1.54)
The debt-to-equity ratio of 1.54 indicates that the company has significantly more debt than equity. This suggests a higher financial risk, as the company is more reliant on debt to finance its operations. While this can enhance returns during good economic conditions, it also increases the risk during downturns.

Debt Service Coverage Ratio (0.26)
With a debt service coverage ratio of 0.26, the company is generating only 26% of the cash required to meet its debt obligations. This is a very low ratio, highlighting potential problems with cash flow generation and the company 's ability to service its debt without additional financing or restructuring.

Return on Equity (ROE) (-0.52)
The negative ROE of -0.52 suggests that the company is incurring losses and is not able to generate profits from its shareholders ' equity. This indicates poor financial performance and a potential loss of investor confidence.

Inventory Turnover Ratio (6.31)
An inventory turnover ratio of 6.31 means the company is selling and replacing its inventory more than six times a year. This indicates efficient inventory management and strong demand for its products. Higher turnover is generally a positive sign for operational efficiency.

Trade Receivables Turnover Ratio (11.72)
The company is collecting its receivables 11.72 times a year, which reflects good credit control and relatively fast payments from customers. A higher turnover ratio is generally seen as a sign of effective receivables management.

Trade Payables Turnover Ratio (4.17)
The trade payables turnover ratio of 4.17 indicates that the company is settling its payables about four times a year. While this is a reasonable figure, it suggests that the company is not delaying payments excessively, but it might also indicate the company is not utilizing trade credit to its full advantage.

Net Capital Turnover Ratio (-18.93)
This negative ratio indicates that the company’s sales are significantly lower than the working capital. It may signal inefficiency in utilizing working capital to generate sales, which could point to an excess of working capital or underperformance in revenue generation.

Net Profit Ratio (-0.07)
The net profit ratio of -0.07 indicates that the company is operating at a loss. For every unit of sales, the company is losing 7%. This poor profitability could be due to high costs, interest expenses, or declining sales.

Return on Capital Employed (ROCE) (-0.20)
The negative ROCE of -0.20 reflects that the company is not efficiently utilizing its capital employed to generate earnings. It indicates the company is struggling to produce returns on its investments, which can be a sign of underperformance.

Return on Investment (-0.46)
The negative return on investment suggests that the company is generating a loss relative to its initial investment. This can be a red flag for investors, as the company is failing to generate profits on its capital and investments.