Anupama Steel Annual Report | Balance Sheet

Anupama Steel Limited (Anupama Steel ) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
Primex-40
Anupama Steel Limited

Anupama Steel Limited Balance Sheet (In Rs)

Particulars	2016	2015
1. EQUITY AND LIABILITIES
(I) Shareholder 's Funds
(a) Share Capital	2,00,00,000	2,00,00,000
(b) Reserves and Surplus	14,39,38,563	14,21,79,840
(II) Non-Current Liabilities
(a) Long-Term Borrowings	3,75,641	52,40,58,846
(b) Deferred Tax Liabilities (Net)	6,76,222	6,30,570
(c) Other Long-Term Liabilities	-	-
(III) Current Liabilities
(a) Short-Term Borrowings	-	-
(b) Trade Payables	-	1,04,68,57,002
(c) Other Current Liabilities	52,59,842	75,71,619
(d) Short-Term Provisions	14,20,000	87,00,000
TOTAL	17,16,70,268	1,74,99,97,877
2.ASSETS
(I) Non-Current Assets
(a) Fixed Assets
(i) Tangible Assets	69,58,397	76,56,106
(ii) Capital Work In Progress	-	-
(b) Non Current Investments	-	10,50,075
(c) Long Term Loans & Advances	2,60,66,665	2,76,39,783
(d) Other Non Current Assets	-	-
(II) Current Assets
(a) Inventories	4,20,09,525	4,40,07,089
(b) Trade receivables	63,65,837	78,01,37,440
(c) Cash and cash equivalents	8,28,80,995	86,22,39,135
(d) Short-term loans and advances	58,38,629	2,70,93,888
(e) Other current assets	15,50,220	1,74,361
TOTAL	17,16,70,268	1,74,99,97,877

Anupama Steel Limited Profit & Loss Statement (In Rs)

Particulars	2016	2015
Income
I. Revenue from operations	26,14,09,766	1,45,87,72,465
II. Other Income	4,27,15,771	13,93,27,060
III. Total Revenue (I+II)	30,41,25,537	1,59,80,99,525
IV. Expenses:
Cost of Material Consumed	17,82,88,509	50,85,35,058
Purchase of Stock-in-Trade	2,58,02,915	1,06,23,37,463
Changes in inventories of Finished Goods
Changes in inventories of Finished Goods	-	-
Employee Benefit Expense	34,26,490	47,56,895
Financial Costs	8,32,42,731	-
Depreciation and Amortization Expense	6,97,709	6,58,940
Other Expenses	85,01,274	1,90,61,793
Total Expenses (IV)	29,99,59,628	1,59,53,50,149
V. Profit before tax (III - IV)	41,65,909	27,49,376
VI . Tax expense:
(1) Current tax	14,20,000	21,00,000
(2) Deferred tax	45,652	79,509
(3) Earlier years tax Expenses	9,41,534	-
VII. Profit after Taxes carried to Balance Sheet (V-VI )	17,58,723	5,69,867
Earning per equity share:
(1) Basic	0.88	0.28
(2) Diluted	0.88	0.28

Anupama Steel Limited Consolidated Cash Flow Statement (In Rs)

Particulars	2016	2015
A. CASH FLOW FROM OPERATING ACTIVITIES
Net Profit after tax and Extra-ordinary items	17,58,723	5,69,867
Adjustments for :
Depreciation & Amortisation	6,97,709	6,58,940
Interest Receipts	-1,43,85,704	-4,02,45,367
Dividend Income	-	-52,375
Profit or Loss on sale of Assets	-	1,35,839
Loss on sale of Non current Investments	-	40,47,647
Provision For Tax	14,20,000	21,00,000
Interest & Financial Charges	8,32,42,731	-
Deferred Tax	45,652	79,509
Operating Profit before Working Capital changes	7,27,79,111	-3,27,05,940
Changes in Working Capital :
Other Current Assets	-13,75,859	-33,452
Short-term advances	2,12,55,259	-
Other Current Liabilities & Provisions	-95,91,777	-28,66,833
Trade and other Receivables	77,37,71,603	-77,76,87,683
Inventories	19,97,564	-4,06,49,289
Trade Payables	-1,04,68,57,002	1,04,80,14,469
Long-term advances	15,73,118	-2,93,43,187
Other Non Current Assets	-	-
Cash generated from Current assets	-25,92,27,094	19,74,34,025
Direct Taxes Paid	-14,20,000	-21,00,000
CASH INFLOW FROM OPERATING ACTIVITIES ( A )	-18,78,67,982	16,26,28,085
B. CASH FLOW FROM INVESTMENT ACTIVITIES
Interest Receipts	1,43,85,704	4,02,45,367
Dividend Income	-	52,375
Sale Of Non Current Investments	10,50,075	58,53,453
Sales of Fixed Assets	-	20,03,001
Purchase of Fixed Assets	-	-1,99,722
CASH OUTFLOW FROM INVESTMENT ACTIVITIES ( B )	1,54,35,779	4,79,54,474
C. CASH FLOW FROM FINANCING ACTIVITIES :
Interest & Financial Charges	-8,32,42,731	51,72,56,195
Proceeds from Long Term borrowings	-52,36,83,205	-
CASH INFLOW FROM FINANCING ACTIVITIES ( C )	-60,69,25,936	51,72,56,195
NET INCREASE IN CASH & CASH EQUIVALENTS [ A+B+C ]	-77,93,58,140	72,78,38,754
Cash and Cash Equivalents at the Beginning	86,22,39,135	13,44,00,381
Cash and Cash Equivalents at the End	8,28,80,995	86,22,39,135

Here is a summary of the Cash Flow Statement for the years 2016 and 2015:

Operating Activities (A):

1. Net Profit After Tax and Extraordinary Items:

In 2016, the company achieved a substantial increase in net profit after tax and extraordinary items, reaching INR 17,58,723, compared to INR 5,69,867 in 2015. This improvement reflects enhanced profitability and effective management.

2. Adjustments:

The adjustments made to arrive at the operating profit include depreciation and amortization of INR 6,97,709, interest receipts of -INR 1,43,85,704 (indicating an interest income), dividend income of -INR 52,375, and a provision for tax amounting to INR 14,20,000. Additionally, there were interest and financial charges of INR 8,32,42,731.

3. Operating Profit Before Working Capital Changes:

Despite adjustments, the operating profit before considering changes in working capital showed a significant positive value of INR 7,27,79,111 in 2016. This is a noteworthy improvement from the negative value of -3,27,05,940 reported in 2015, indicating a positive shift in the company 's operational performance.

4. Changes in Working Capital:

Working capital changes involved fluctuations in various components. Notable among these were a decrease in other current assets by -INR 13,75,859, short-term advances increasing by INR 2,12,55,259, and a decrease in other current liabilities and provisions by -INR 95,91,777. Trade and other receivables decreased by -INR 77,76,87,683, while inventories increased by INR 19,97,564. Trade payables also saw a decrease of -INR 1,04,80,14,469, and long-term advances increased by INR 15,73,118. The net effect of these changes resulted in cash generated from current assets amounting to -INR 25,92,27,094.

5. Direct Taxes Paid:

Direct taxes paid during the year amounted to INR 14,20,000.

6. Cash Inflow from Operating Activities (A):

After accounting for all these factors, the net cash inflow from operating activities was -INR 18,78,67,982 in 2016, a considerable change from the positive value of INR 16,26,28,085 in 2015.

Investment Activities (B):

1. Cash Outflow from Investment Activities (B):

In the investment activities section, interest receipts amounted to INR 1,43,85,704, and there was a cash outflow of -INR 1,54,35,779. This outflow was primarily due to the sale of non-current investments, sales of fixed assets, and the purchase of fixed assets.

Financing Activities (C):

1. Cash Inflow from Financing Activities (C):

Financing activities involved significant cash inflows and outflows. There were substantial interest and financial charges amounting to -INR 8,32,42,731, and proceeds from long-term borrowings were -INR 52,36,83,205. The net cash inflow from financing activities was -INR 60,69,25,936.

Overall Cash Position:

1. Net Increase/(Decrease) in Cash & Cash Equivalents [A+B+C]:

The overall impact on cash and cash equivalents resulted in a substantial net decrease of -INR 77,93,58,140 in 2016, in contrast to the significant increase of INR 72,78,38,754 reported in 2015.

2. Cash and Cash Equivalents at the Beginning and End:

The period began with cash and cash equivalents of INR 86,22,39,135 and ended with INR 8,28,80,995. This significant change indicates a considerable shift in the company 's liquidity position over the financial year.

Anupama Steel Annual Reports, Balance Sheet and Financials

Anupama Steel Limited (Anupama Steel ) Return Comparision with Primex 40 Index

Anupama Steel Limited Balance Sheet (In Rs)

Anupama Steel Limited Profit & Loss Statement (In Rs)

Anupama Steel Limited Consolidated Cash Flow Statement (In Rs)

Financial Ratios (NA)

Dividend History (NA)

Annual Report

Anupama Steel Limited Annual report 2016

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