Apollo Green Balance Sheet & Revenue

Apollo Green Energy Limited Balance Sheet (Rs in Lakhs)

Apollo Green Energy Limited Profit & Loss Statement (Rs in Lakhs)

Apollo Green Energy Limited Consolidated Cash Flow Statement (Rs in Lakhs)

Here is the analysis of cash flow for year March 2023 and 2022:

Cash Flows from Operating Activities

Profit Before Tax:

31-03-2023: ₹2,565 million

31-03-2022: -₹1,184 million

The profit before tax improved significantly in 2023, moving from a loss in 2022 to a profit. This indicates better operational performance or reduced expenses.

Adjustments for Finance Costs:

31-03-2023: ₹2,669 million

31-03-2022: ₹7,839 million

Finance costs decreased notably in 2023 compared to 2022. This reduction might be due to lower interest rates or a reduction in debt.

Adjustments for Decrease (Increase) in Inventories:

31-03-2023: -₹580 million

31-03-2022: -₹1,021 million

There was a decrease in inventories in 2023, which is less compared to 2022, indicating possibly improved inventory management or reduced stock levels.

Adjustments for Decrease (Increase) in Trade Receivables:

31-03-2023: ₹102 million

31-03-2022: -₹4,654 million

Trade receivables improved in 2023, showing a significant reduction in the amount of money owed to the company or faster collection.

Adjustments for Decrease (Increase) in Other Current Assets:

31-03-2023: -₹6,194 million

31-03-2022: -₹4,173 million

There was a larger increase in other current assets in 2023, indicating higher investments or expenditures in current assets.

Adjustments for Other Financial Assets, Non-Current and Current:

Non-Current (31-03-2023): -₹829 million

Current (31-03-2023): -₹5,458 million

The adjustments for other financial assets, both non-current and current, increased significantly in 2023 compared to 2022. This could imply greater investments or a shift in financial strategy.

Adjustments for Increase (Decrease) in Trade Payables:

31-03-2023: ₹1,818 million

31-03-2022: ₹2,673 million

Trade payables decreased slightly in 2023 compared to 2022, which might suggest reduced liabilities or better payment terms.

Adjustments for Increase (Decrease) in Other Current Liabilities:

31-03-2023: ₹5,749 million

31-03-2022: ₹6,648 million

There was a decrease in other current liabilities in 2023, indicating possibly reduced short-term obligations.

Adjustments for Depreciation and Amortisation Expense:

31-03-2023: ₹604 million

31-03-2022: ₹3,426 million

Depreciation and amortisation expenses decreased drastically in 2023, which could be due to the reduction in the asset base or lower capital expenditure.

Other Adjustments and Non-Cash Items:

Various other adjustments include unrealized foreign exchange gains or losses, dividend income, and interest income. These adjustments show fluctuations in non-operational cash flows and income.

Total Adjustments for Reconcile Profit (Loss):

31-03-2023: -₹14,137 million

31-03-2022: ₹5,078 million

The total adjustments were negative in 2023, meaning the operating cash flow was adversely impacted by these adjustments compared to 2022.

Net Cash Flows from (Used in) Operations:

31-03-2023: -₹11,572 million

31-03-2022: ₹3,894 million

The cash flow from operations turned negative in 2023, indicating that the company 's core operations consumed more cash than they generated.

Income Taxes Paid (Refund):

31-03-2023: -₹3,609 million

31-03-2022: ₹610 million

The company paid more in taxes in 2023 compared to 2022, impacting the net cash flows from operating activities.

Net Cash Flows from (Used in) Operating Activities:

31-03-2023: -₹7,963 million

31-03-2022: ₹3,284 million

The net cash flow from operating activities decreased, showing a substantial drop in cash generated from operations.

Cash Flows from Investing Activities

Proceeds from Sales of Property, Plant, and Equipment:

31-03-2023: ₹48,358 million

31-03-2022: ₹8,226 million

There was a significant increase in cash inflows from selling property, plant, and equipment in 2023, possibly due to asset sales or restructuring.

Interest Received:

31-03-2023: ₹160 million

31-03-2022: ₹246 million

Interest income decreased slightly in 2023, reflecting lower investment returns.

Other Inflows (Outflows) of Cash:

31-03-2023: -₹10,415 million

31-03-2022: -₹3,421 million

There was a significant outflow in 2023, suggesting increased cash spending or investment activities.

Net Cash Flows from (Used in) Investing Activities:

31-03-2023: ₹38,103 million

31-03-2022: ₹5,051 million

Despite the large outflow, the net cash flow from investing activities was positive, mainly due to the high proceeds from asset sales.

Cash Flows from Financing Activities

Proceeds from Issuing Shares:

31-03-2023: ₹1,620 million

31-03-2022: ₹4,448 million

The company raised less capital through issuing shares in 2023 compared to 2022.

Repayments of Borrowings:

31-03-2023: ₹27,658 million

31-03-2022: ₹4,837 million

There was a significant increase in borrowings repayments, suggesting debt reduction efforts.

Payments of Lease Liabilities:

31-03-2023: ₹1,720 million

31-03-2022: -₹826 million

Lease payments increased in 2023, which could indicate new leases or higher lease payments.

Interest Paid:

31-03-2023: ₹2,542 million

31-03-2022: ₹7,839 million

Interest payments decreased significantly, reflecting lower debt levels or reduced interest rates.

Other Inflows (Outflows) of Cash:

31-03-2023: -₹158 million

31-03-2022: ₹451 million

There was a minor outflow in 2023, reversing the inflow from 2022.

Net Cash Flows from (Used in) Financing Activities:

31-03-2023: -₹30,458 million

31-03-2022: -₹6,951 million

The cash flow from financing activities was significantly negative in 2023, reflecting substantial repayments and reduced financing inflows.

Summary

Net Increase (Decrease) in Cash and Cash Equivalents Before Effect of Exchange Rate Changes:

31-03-2023: -₹318 million

31-03-2022: ₹1,384 million

There was a decrease in cash before exchange rate effects, showing a lower net cash generation.

Net Increase (Decrease) in Cash and Cash Equivalents:

31-03-2023: -₹318 million

31-03-2022: ₹1,384 million

The overall cash balance decreased slightly in 2023 compared to the previous year.

Cash and Cash Equivalents at End of Period:

31-03-2023: ₹6,920 million

31-03-2022: ₹7,238 million

The ending cash balance was slightly lower in 2023, indicating a minor reduction in available cash resources.