A V Thomas International Annual Reports, Balance Sheet and Financials

A.V. Thomas International Limited Balance Sheet (Rs in Thousand)

A.V. Thomas International Limited Profit & Loss Statement (Rs in Thousand)

A.V. Thomas International Limited Consolidated Cash Flow Statement (Rs in Thousand)

 Here is a summary of the Cash Flow Statement for the years 2024 and 2023:

Cash Flow from Operating Activities
This section explains cash flows generated from the core operations of the business. The net profit before tax for the year increased to ₹4,160 thousand in 2024 from ₹3,166 thousand in 2023. Adjustments were made for non-cash items, including depreciation of ₹157 thousand and a provision for gratuity of ₹102 thousand, which were added back as they do not represent actual cash outflows. Interest and dividend income of ₹836 thousand was deducted as it relates to investing activities.

The working capital changes included a reduction in trade and other receivables, contributing ₹2,312 thousand, and trade payables adding ₹139 thousand. Other current assets decreased cash flow by ₹60 thousand. After taxes paid of ₹968 thousand, the net cash generated from operating activities increased significantly to ₹5,006 thousand in 2024 compared to ₹144 thousand in 2023.

Cash Flow from Investing Activities
This section outlines cash flows from the purchase and sale of assets or other investments. In 2024, the company spent ₹95 thousand on the purchase of tangible fixed assets, a new expense compared to 2023. Interest and dividend income of ₹569 thousand added to the cash inflows. The net cash flow from investing activities remained consistent at ₹474 thousand in 2024 compared to ₹473 thousand in 2023.

Cash Flow from Financing Activities
This section reflects cash movements related to financing activities. The company paid dividends amounting to ₹1,500 thousand in both 2024 and 2023, which resulted in an equivalent outflow. No additional financing activities were reported, and this section recorded a net cash outflow.

Net Increase in Cash and Cash Equivalents
The cumulative impact of operating, investing, and financing activities led to a net increase in cash and cash equivalents of ₹3,980 thousand in 2024, compared to a decrease of ₹883 thousand in 2023. With an opening balance of ₹10,800 thousand at the start of 2024, the cash and cash equivalents rose to ₹14,780 thousand by year-end, reflecting stronger liquidity and operational performance.

The overall improvement in cash flows highlights the company 's efficient management of operations and its stable cash position.

Financial Ratios of A.V. Thomas International Limited

Here is a summary of the financial and operational metrics for A.V. Thomas International Limited for the years 2024 and 2023:

Current Ratio: 4.77
The current ratio decreased slightly from 4.93 in 2023 to 4.77 in 2024. This indicates that the company 's liquidity position remains strong, as it has ample current assets to cover its current liabilities. However, a minor decline suggests a slight increase in the use of current liabilities or a reduction in current assets.

Return on Equity (ROE): 8.78%
The ROE improved from 6.96% in 2023 to 8.78% in 2024, indicating the company is generating higher returns for its shareholders. This improvement suggests better profitability or efficient utilization of equity capital during the year.

Trade Receivable Turnover Ratio: 6.45
The trade receivable turnover ratio increased from 5.54 in 2023 to 6.45 in 2024. This indicates the company is collecting receivables more frequently during the year, improving cash flow efficiency. The rise reflects effective credit policies or quicker collection of dues.

Net Capital Turnover Ratio: 0.21
The net capital turnover ratio increased slightly from 0.19 in 2023 to 0.21 in 2024. This shows that the company is generating marginally higher revenue for every unit of working capital employed, highlighting improved operational efficiency.

Net Profit Ratio: 41.02%
The net profit ratio increased significantly from 36.15% in 2023 to 41.02% in 2024. This indicates improved profitability, as the company managed to retain a higher portion of its revenue as profit after covering all expenses. Factors like cost control or revenue growth may have contributed to this improvement.

Return on Capital Employed (ROCE): 0.12
The ROCE improved from 0.1 in 2023 to 0.12 in 2024, indicating better efficiency in utilizing the capital employed in the business. This increase reflects the company’s ability to generate higher returns on the total capital (both equity and debt) invested in the business.

Dividend

2024: ₹25 per share

2023: ₹25 per share

The dividend paid per share has remained unchanged at ₹25 in both 2024 and 2023. This consistency indicates that the company has maintained its dividend policy despite any changes in its financial performance or other operational factors.