Ankur Marketing Annual Reports, Balance Sheet and Financials

Ankur Marketing Ltd Balance Sheet (In Lakhs)

 Ankur Marketing Ltd Profit & Loss Statement (In Lakhs)

  Ankur Marketing Ltd Consolidated Cash Flow Statement (In Lakhs)

In 2023, the company 's cash flow statement reveals the following activities and their respective figures:

A. Cash Flow from Operating Activities:

 Net Profit Before Tax: The company reported a net profit of 215.60 lakh rupees in 2023, a significant increase from 93.37 lakh rupees in 2022.

Adjustments: Various adjustments were made, including interest income, depreciation, and finance costs, totaling 27.09 lakh rupees in 2023, compared to 24.40 lakh rupees in 2022.

Operating Profit Before Working Capital Changes: This figure increased to 242.69 lakh rupees in 2023, up from 117.77 lakh rupees in 2022.

Working Capital Changes: Several changes in working capital components, such as inventories, trade receivables, and others, were recorded, resulting in 59.63 lakh rupees in 2023 compared to 52.04 lakh rupees in 2022.

Cash Generated from Operations: In 2023, the company generated 302.05 lakh rupees from its operations, a substantial improvement from 169.81 lakh rupees in 2022.

Income Tax Paid: The company paid 14.32 lakh rupees in income tax in 2023, compared to 9.38 lakh rupees in 2022.

Net Cash from Operating Activities: The net cash from operating activities (A) was 287.73 lakh rupees in 2023 and 160.43 lakh rupees in 2022.

B. Cash Flow from Investing Activities:

Purchase of Fixed Assets: The company invested 87.93 lakh rupees in fixed assets in 2023, while it was 97.92 lakh rupees in 2022.

Purchase of Investment: In 2023, the company invested 46.60 lakh rupees in investments.

Loans Given and Received: The company provided loans of 327.00 lakh rupees and received back 78.00 lakh rupees in 2023, compared to loans given of 216.00 lakh rupees and loans received back of 175.00 lakh rupees in 2022.

Interest Income: Interest income in 2023 was 17.60 lakh rupees, compared to 0.87 lakh rupees in 2022.

Net Cash Used in Investing Activities (B): The net cash used in investing activities was -365.92 lakh rupees in 2023 and -138.05 lakh rupees in 2022.

C. Cash Flow from Financing Activities:

Proceeds from Borrowing: The company raised 72.82 lakh rupees through borrowing in 2023, while it was 84.00 lakh rupees in 2022.

Repayment of Borrowing: The company repaid 37.04 lakh rupees of borrowing in 2023, compared to 35.54 lakh rupees in 2022.

Interest Paid: Interest paid was 8.73 lakh rupees in 2023, compared to 2.59 lakh rupees in 2022.

Net Cash Used in Financing Activities (C): The net cash used in financing activities was 27.04 lakh rupees in 2023 and 45.88 lakh rupees in 2022.

Net Increase in Cash & Cash Equivalents:

The net increase in cash and cash equivalents for the year was -51.15 lakh rupees in 2023, indicating a decrease in cash, while it was 68.26 lakh rupees in 2022, signifying an increase.

Cash & Cash Equivalents at the Beginning: The company had 73.91 lakh rupees in cash and cash equivalents at the beginning of 2023, significantly higher than 5.66 lakh rupees in 2022.

Cash & Cash Equivalents at the End: The closing balance of cash and cash equivalents for 2023 was 22.76 lakh rupees, down from 73.91 lakh rupees in 2022.              

 In the data bellow, are the Financial Ratios

In the provided financial data, the company 's performance metrics for the year are outlined, with each activity showcasing specific characteristics and trends:

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization):

- The EBITDA margin for the year was -5.81%, indicating that the company 's earnings before interest, taxes, and other expenses were negative as a percentage of its total revenue. This suggests a challenging financial performance during the year.

Net Worth:

- The company 's net worth increased by 10.00% during the year. This positive growth in net worth suggests that the company 's assets exceeded its liabilities, signifying a healthier financial position.

Debt/Equity Ratio:

- The debt-to-equity ratio stood at 0.12, indicating that the company had a relatively low level of debt compared to equity. This could be a favorable sign for investors and creditors as it suggests a conservative approach to leverage.

Return on Equity (ROE):

- The company achieved a solid return on equity of 9.33%, indicating that it generated a positive return for its shareholders. This demonstrates effective utilization of equity to generate profits.

Total Assets:

- The total assets of the company grew significantly by 15.38%. This expansion may result from investments in various asset categories, potentially aimed at business growth or expansion.

Fixed Assets:

- Fixed assets, including property, plant, and equipment, increased by 16.90%, reflecting capital investments in infrastructure or long-term assets.

Current Assets:

- Current assets surged by a substantial 78.46%. This increase could be attributed to higher levels of cash, accounts receivable, and other short-term assets, which can enhance the company 's liquidity.

Current Liabilities:

- The company managed to reduce its current liabilities by -25.40%. This decrease indicates improved liquidity and a reduced need for short-term financing.

Trade Receivables:

- Trade receivables experienced a significant increase of 101.33%. This suggests that the company extended credit to customers, potentially boosting sales but also posing a higher risk of delayed or non-payment.

Trade Payables:

- Interestingly, trade payables remained at 0.00%, indicating that the company did not have any outstanding payables to its suppliers at the end of the year.

Current Ratio:

- The current ratio, calculated as current assets divided by current liabilities, was a healthy 3.51. This high current ratio indicates strong short-term liquidity and the ability to meet its short-term obligations.