| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Arraycom India Limited |
|
Particulars |
31-03-2024 |
31-03-2023 |
|
Non-current assets |
|
|
|
Property, plant and equipment |
2,472.98 |
2,325.56 |
|
Intangible Assets |
36.61 |
49.27 |
|
Non-Current Investments |
0.01 |
0.01 |
|
Long term Loans and Advances |
108.54 |
97.04 |
|
Current assets |
|
|
|
Inventories |
1,069.93 |
1,226.83 |
|
Trade Receivables |
287.50 |
688.22 |
|
Cash and bank balances |
56.74 |
68.52 |
|
Short term Loans and Advances |
211.96 |
323.44 |
|
Other Current Assets |
2.56 |
2.64 |
|
Total Assets |
4,246.84 |
4,781.53 |
|
Equity |
|
|
|
Equity
Share capital |
500.00 |
500.00 |
|
Reserve and Surplus |
2,706.29 |
2,885.89 |
|
Non-Current liabilities |
|
|
|
Long term Borrowings |
80.94 |
22.62 |
|
Long term Provisions |
6.83 |
9.03 |
|
Current liabilities |
|
|
|
Short term Borrowings |
791.89 |
1,225.05 |
|
Trade Payables |
|
|
|
Total outstanding dues of creditors other than Micro and Small Enterprises |
92.53 |
90.60 |
|
Other Current liabilities |
66.04 |
46.11 |
|
Short term Provisions |
2.33 |
2.23 |
|
Total Equity and Liabilities |
4,246.84 |
4,781.53 |
|
Particulars |
31-03-2024 |
31-03-2023 |
|
Revenue from Operation |
1,264.24 |
1,902.24 |
|
Other Income |
13.15 |
52.73 |
|
Total
Income |
1,277.39 |
1,954.97 |
|
Expenses |
|
|
|
Cost of Materials Consumed |
399.89 |
694.66 |
|
Purchase of stock-in-trade |
270.60 |
800.22 |
|
Cost of service for project |
57.40 |
76.27 |
|
Changes in Inventories of Finished Goods, Work In Process and Stock In Trade |
146.78 |
(412.05) |
|
Employee Benefit Expense |
219.43 |
300.06 |
|
Finance Cost |
130.90 |
118.76 |
|
Depreciation and Amortisation Expense |
63.38 |
65.19 |
|
Other Expenses |
168.61 |
511.41 |
|
Total
Expense |
1,456.99 |
2,154.52 |
|
Profit/Loss
before tax |
(179.60) |
(199.55) |
|
Short/(Excess) Provision for Tax relating
to earlier years |
- |
(2.89) |
|
Profit/(loss)
after tax |
(179.60) |
(196.66) |
|
Basic & Diluted Earnings per Equity Share of Rs. 10 each |
(3.59) |
(3.93) |
|
Particulars |
31-03-2024 |
31-03-2023 |
|
Cash Flow from Operating Activities |
|
|
|
Net Profit before Tax |
(179.60) |
(199.55) |
|
Adjustments for: |
|
|
|
Depreciation |
63.38 |
65.19 |
|
Loss on sale of property, plant and
equipment (net) |
(0.31) |
6.11 |
|
Provision on doubtful advances |
- |
210.00 |
|
Interest income |
(5.48) |
(3.19) |
|
Bad Debts W/off (net of write back) |
- |
3.11 |
|
Profit on sale of investment |
- |
(6.63) |
|
Finance cost |
130.90 |
118.76 |
|
Operating Profit before Working
Capital Charges |
8.89 |
193.80 |
|
Adjustments for |
|
|
|
Increase / (decrease) in long-term provisions |
(2.20) |
(24.82) |
|
Increase / (decrease) in short-term provisions |
0.10 |
(2.60) |
|
Increase / (decrease) in other current
liabilities |
21.62 |
(62.98) |
|
Increase / (decrease) in Trade Payables |
1.93 |
86.17 |
|
Increase / (decrease) in Trade Receivables |
400.72 |
(158.67) |
|
Increase / (decrease) in Inventories |
156.89 |
(517.08) |
|
Increase / (decrease) in long term loans
and advances |
(7.92) |
(22.79) |
|
Increase / (decrease) in short term loans
and advances |
111.47 |
149.83 |
|
Increase / (decrease) in Other bank
balances |
11.79 |
(68.07) |
|
Cash Generated from Operations |
703.29 |
(427.21) |
|
Income tax
paid during the year |
(3.57) |
(4.26) |
|
Income tax
refund received during the year |
- |
20.60 |
|
Net Cash Generated from Operating
Activates |
699.71 |
(410.87) |
|
Cash Flow from Investing Activities |
|
|
|
Purchase of property, plant, equipment |
(198.80) |
(5.21) |
|
Sale of investments |
- |
16.34 |
|
Sale of property, plant and equipment |
0.98 |
9.11 |
|
Net Cash Used in Investing Activities |
(197.82) |
235.53 |
|
Cash
flow from financing activities |
|
|
|
Interest received during the year |
5.56 |
0.92 |
|
Finance Cost |
(132.60) |
(120.45) |
|
Repayment of long-term borrowings |
(10.95) |
(24.60) |
|
Proceeds from long-term borrowings |
70.00 |
- |
|
Repayment of short-term borrowings |
(1,132.63) |
(410.78) |
|
Proceeds from short-term borrowings |
698.75 |
410.48 |
|
Net cash flow generated/ (used in) from financing activities |
(501.88) |
(144.43) |
|
Net Increase /(Decrease) In Cash and Cash Equivalents |
0.02 |
(319.77) |
|
Cash & Cash Equivalents at the
Beginning of the Year |
0.45 |
320.22 |
|
Cash & Cash Equivalents at the
End of the Year |
0.47 |
0.45 |
Here is a summary of the Cash Flow Statement for the years 2024 and 2023:
Cash Flow from Operating Activities
For the
year ending 31st March 2024, the
company generated a positive cash flow
of ₹699.71 lakhs from operating activities, compared to a negative cash flow of ₹410.87 lakhs in
the previous year. This major improvement came despite a net loss before tax of ₹179.60 lakhs.
The strong positive cash flow was supported by non-cash expenses like depreciation
(₹63.38 lakhs) and finance cost
(₹130.90 lakhs), along with favourable changes in working capital such as a significant
reduction in inventories and increased trade receivables.
Cash Flow from Investing Activities
In 2024,
the company reported a net cash outflow
of ₹197.82 lakhs on investing activities, mainly due to the purchase of property, plant, and equipment
worth ₹198.80 lakhs. The inflows were minimal, with only ₹0.98 lakhs
coming from the sale of fixed assets,
and no income from investment sales this year, unlike ₹16.34 lakhs in 2023.
Cash Flow from Financing Activities
The
company experienced a net outflow of
₹501.88 lakhs from financing activities in 2024, higher than the outflow
of ₹144.43 lakhs in 2023. This was largely due to repayment of short-term borrowings (₹1,132.63 lakhs), only
partially offset by new short-term
borrowings of ₹698.75 lakhs and long-term borrowings of ₹70 lakhs. Interest payments remained high
at ₹132.60 lakhs.
Net Change in Cash and Cash Equivalents
Overall,
the company saw a slight increase of
₹0.02 lakhs in its cash balance during the year. The closing cash and cash equivalents stood at
₹0.47 lakhs, up from ₹0.45 lakhs in the previous year. Although the
amount is small, it reflects a positive swing compared to the heavy decrease of
₹319.77 lakhs in 2023.
|
2024 |
2023 |
|
|
Current Ratio |
1.71 |
1.69 |
|
Debt-Equity Ratio |
0.27 |
0.37 |
|
Debt Service
Coverage Ratio |
0.02 |
(0.01) |
|
Return on Equity |
(0.05) |
(0.06) |
|
Inventory Turnover
Ratio |
0.48 |
0.29 |
|
Trade Receivables
Turnover Ratio |
2.59 |
3.12 |
|
Trade Payables
Turnover Ratio |
7.21 |
47.27 |
|
Net Capital
Turnover Ratio |
1.87 |
2.01 |
|
Net Profit Ratio |
(0.14) |
(0.10) |
|
Return on Capital
Employed |
(0.02) |
(0.02) |
|
Return on
Investment |
- |
0.06 |
Here is a summary of the Cash Flow Statement for the years 2024 and 2023:
Current Ratio
The
current ratio slightly improved from 1.69 in 2023 to 1.71 in 2024. This means
the company has just enough current assets to cover its short-term liabilities,
showing stable liquidity.
Debt-Equity Ratio
The
debt-equity ratio decreased from 0.37 to 0.27. This means the company reduced
its reliance on debt and is in a stronger financial position with more equity
backing its operations.
Debt Service Coverage Ratio
This
ratio moved from a negative (–0.01) in 2023 to a positive 0.02 in 2024. Although
still very low, this shows a slight improvement in the company’s ability to
cover its debt payments from its earnings.
Return on Equity (ROE)
ROE
remained negative, at –0.06 in 2023 and –0.05 in 2024. This indicates that the
company is still making losses and failing to provide returns to shareholders.
Inventory Turnover Ratio
The ratio
increased from 0.29 to 0.48, suggesting that the company is selling and
replacing inventory more frequently than before, which is a positive sign.
Trade Receivables Turnover Ratio
This
ratio declined from 3.12 to 2.59, meaning the company is taking longer to
collect payments from customers, which could slightly impact cash flow.
Trade Payables Turnover Ratio
The ratio
fell sharply from 47.27 to 7.21, which means the company is taking much longer
to pay its suppliers than in the previous year. This could help cash flow
temporarily but may affect supplier relationships.
Net Capital Turnover Ratio
This
ratio decreased slightly from 2.01 to 1.87, indicating the company is
generating a bit less revenue per unit of capital employed. It 's a slight drop
in efficiency.
Net Profit Ratio
The net
profit ratio remained negative, moving from –0.10 to –0.14. This means the
company is still facing losses and its overall profitability has slightly
worsened.
Return on Capital Employed (ROCE)
ROCE
remained unchanged at –0.02 in both years, indicating the company is still not
generating positive returns from the capital it uses in the business.
Return on Investment (ROI)
The ROI
was 0.06 in 2023, but not reported for 2024. Based on other indicators, it may
not have improved, considering the overall weak financial performance.
