Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
---|---|---|---|---|---|---|---|
Primex-40 | |||||||
Avlokiteshvar Valinv Limited |
PARTICULARS |
2023 |
2022 |
Assets |
|
|
Financial assets |
|
|
Cash and cash equivalents |
1,798.37 |
1,485.29 |
Investments |
28,240.81 |
25,905.42 |
Other financial assets |
338.46 |
1,203.84 |
Non - financial assets |
|
|
Inventories |
8.02 |
335.10 |
Current tax assets (net) |
289.44 |
701.24 |
Deffered tax assets (net) |
- |
44.46 |
Investment in Property |
1,683.88 |
1,717.93 |
Property,plant and equipment |
538.64 |
550.93 |
Intangible assets |
0.17 |
0.17 |
Other non- financial assets |
72.85 |
60.33 |
Total assets |
32,970.65 |
32,004.71 |
Liabilities |
|
|
Financial liabilities |
|
|
Derivative Liabiity |
14.93 |
58.35 |
Borrowings (other than debt securities) |
700 |
700.00 |
Other financial liabilities |
9.77 |
11.90 |
Non - financial liabilities |
|
|
Current tax liabilities(net) |
144 |
418.61 |
Deferred tax liabilities (net) |
581.08 |
- |
Other non-financial liabilities |
1.08 |
3.66 |
Total Liabilities |
1,450.86 |
1,192.52 |
Equity |
|
|
Equity Share Capital |
369.14 |
369.14 |
Other equity |
31,150.65 |
30,443.05 |
Total equity |
31,519.79 |
30,812.19 |
TOTAL LIABILITIES AND EQUITY |
32,970.65 |
32,004.71 |
PARTICULARS |
2023 |
2022 |
Income |
|
|
Revenue from operations |
|
|
Sale of Shares |
725.77 |
2,425.79 |
Dividend Income |
958.75 |
1,213.05 |
Interest income |
126.12 |
221.89 |
Futures and Options |
244.74 |
102.75 |
Total revenue from operations |
2,055.38 |
3,963.29 |
Other income |
636.37 |
691.91 |
Total income |
1,419.01 |
4,655.21 |
Expenses |
|
|
Purchases of Stock-in-Trade |
298.26 |
2,462.68 |
Changes in Inventories of Stock-in-Trade |
327.08 |
130.54 |
Employee benefits expenses |
32.3 |
25.09 |
Finance Cost |
6.95 |
- |
Depreiciation and Amortisation |
65.1 |
67.63 |
Other administrative expenses |
246.2 |
738.47 |
Total Expenses |
975.9 |
3,163.33 |
PROFIT/LOSS BEFORE TAX |
443.12 |
1,491.88 |
Tax expense |
|
|
Current tax |
144 |
418.61 |
tax adjustment relating to earlier year |
82.27 |
98.72 |
Deferred tax (credit) (net) |
50.11 |
842.12 |
MAT Credit |
228.91 |
104.19 |
Total tax expense |
240.53 |
418.05 |
Add: Share of Net Profit/Loss in Associates Accounted |
|
|
using equity method |
225.75 |
470.03 |
PROFIT/LOSS AFTER TAX |
428.34 |
2,379.96 |
Other comprehensive income /Loss |
|
|
Items that will not be reclassified to to profit or loss: |
|
|
Add/Less change in fair value of financial instruments |
949.54 |
1,268.92 |
Income tax impact on above |
675.65 |
369.51 |
SUB TOTAL (A) |
273.9 |
899.41 |
Other comprehensive income /Loss |
|
|
Items that will be reclassified to to profit or loss: |
|
|
Add/Less change in fair value of financial instruments |
- |
- |
Income tax impact on above |
- |
- |
SUB TOTAL (B) |
- |
- |
Other comprehensive Income for the Year (net of tax )(a+b) |
273.9 |
899.41 |
Add:Share of other Comprehensive income in Associates |
5.36 |
4.54 |
Add:Earlier Year adjustment in Associates |
- |
- |
TOTAL COMPREHENSIVE INCOME FOR THE YEAR |
707.6 |
3,274.82 |
Earnings per equity share |
|
|
Basic (Rs) |
19.17 |
88.72 |
Diluted (Rs) |
19.17 |
88.72 |
PARTICULARS |
2023 |
2022 |
CASH FLOW FROM OPERATING ACTIVITIES |
|
|
Profit before tax for the year |
443.12 |
1,491.88 |
Adjustments to reconcile profit before tax to net cash provided by operating activities |
|
|
Balance Written off |
0 |
541.91 |
Depriciation and Amortisation |
65.1 |
67.63 |
Net Gain/Loss on sale of investment |
687.18 |
627.69 |
Profit & Loss on Speulation |
0 |
- |
Interest on FD |
23.19 |
30.46 |
Interest on Income Tax Refund |
- |
0 |
Interest on Investment Property |
1.34 |
0.83 |
Rental Income |
17.72 |
4.75 |
Interest on Loan |
6.95 |
|
Operating Profit before working capital changes |
1,160.11 |
1,437.69 |
Changes in Working Capital |
|
|
Adjustments for increase /decrease in operating assets |
|
|
Inventories |
327.08 |
130.54 |
Other Financial assets |
865.39 |
255.19 |
Other Non financial assets |
12.52 |
7.74 |
Deferred Tax |
675.65 |
369.51 |
Adjustments for increase /decrease in operating liabilities |
|
|
Other Financial Liabilities |
2.13 |
17.75 |
Other Non financial liabilities |
2.58 |
1.06 |
Derivative Liability |
43.52 |
45.22 |
Cash Generated from Operations |
|
|
Change in Tax |
153.45 |
490.87 |
Net cash from operating activities |
2,814.11 |
966.88 |
CASH FLOW FROM INVESTING ACTIVITIES |
|
|
Interest on FD |
23.19 |
30.46 |
Interest on Investment Property |
1.34 |
0.83 |
Rental Income |
17.72 |
4.75 |
Purchase of Property, plant and Equipments |
18.76 |
0.4 |
Sale of Investments |
5,764.37 |
9,893.86 |
Purchase of Investments |
8,281.94 |
10,336.51 |
Net cash from/used in investment activities |
2,494.08 |
407 |
CASH FLOW FROM FINANCING ACTIVITIES |
|
|
Interest on Loan Taken |
6.95 |
- |
Borrowings |
5,500 |
- |
Repayment of Borrowings |
5,500 |
- |
Net Cash used/from financing activities |
6.95 |
- |
Net increase /decrease in cash and cash equivalents |
313.08 |
559.88 |
Opening Balance of Cash and Cash equivalents |
1,485.29 |
925.41 |
Closing Balance of Cash and Cash equivalents |
1,798.37 |
1,485.29 |
Certainly, here is a summary of the Cash Flow Statement for the years 2023 and 2022, broken down by activity:
Cash Flow from Operating Activities:
1. Profit before Tax (PBT):
In 2023, the PBT is 443.12, significantly lower than the 1,491.88 recorded in 2022.
2. Adjustments to Reconcile PBT to Net Cash:
No balance was written off in 2023, whereas 541.91 was written off in 2022.
Depreciation and amortization increased slightly from 67.63 in 2022 to 65.1 in 2023.
A notable increase in the net gain/loss on the sale of investments from 627.69 in 2022 to 687.18 in 2023.
No speculation losses were reported in 2023, while none were recorded in 2022.
3. Interest and Rental Income:
Interest on FD decreased from 30.46 in 2022 to 23.19 in 2023.
Interest on income tax refund was absent in both years.
Interest on investment property increased from 0.83 in 2022 to 1.34 in 2023.
Rental income rose significantly from 4.75 in 2022 to 17.72 in 2023.
Interest on loans was 6.95 in 2023.
4. Operating Profit and Working Capital Changes:
Operating profit before working capital changes decreased from 1,437.69 in 2022 to 1,160.11 in 2023.
Notable changes in working capital, with increases in inventories, other financial assets, and deferred tax.
5. Cash Generated and Net Cash from Operating Activities:
Change in tax decreased from 490.87 in 2022 to 153.45 in 2023.
Net cash from operating activities increased substantially from 966.88 in 2022 to 2,814.11 in 2023.
Cash Flow from Investing Activities:
1. Interest and Rental Income:
Similar to operating activities, interest on FD, interest on investment property, and rental income are present in both years.
2 .Investments:
Notable activities include the sale of investments, which decreased from 9,893.86 in 2022 to 5,764.37 in 2023.
Purchases of investments decreased from 10,336.51 in 2022 to 8,281.94 in 2023.
3. Net Cash from/Used in Investment Activities:
Net cash from investment activities increased significantly from 407 in 2022 to 2,494.08 in 2023.
Cash Flow from Financing Activities:
1. Interest and Borrowings
Interest on loan taken was 6.95 in 2023.
Borrowings of 5,500 were recorded in 2023, with an equivalent repayment.
2. Net Cash Used/From Financing Activities:
Net cash used/from financing activities was 6.95 in 2023.
Net Increase/Decrease in Cash and Cash Equivalents:
Net increase/decrease in cash and cash equivalents decreased from 559.88 in 2022 to 313.08 in 2023.
Opening and Closing Balance of Cash and Cash Equivalents:
The opening balance of cash and cash equivalents increased from 925.41 in 2022 to 1,485.29 in 2023.
The closing balance further increased to 1,798.37 in 2023.
This detailed breakdown provides insights into the financial activities, changes, and trends over the two years, aiding in a comprehensive understanding of the company 's cash flow..
PARTICULARS |
2023 |
2022 |
DEBT EQUITY RATIO |
0.02 |
0.02 |
DEBT SERVICE COVERAGE RATIO |
0.73 |
2.23 |
RETURN ON EQUITY RATIO |
1.29 |
7.61 |
INVENTORY TURNOVER RATIO |
4.23 |
27.78 |
NET PROFIT RATIO |
0.31 |
0.32 |
RETURN ON INVESTMENT |
0.55 |
5.17 |
RETURN ON CAPITAL EMPLOYED |
1.22 |
4.04 |
Here is a summary of the financial and operational metrics for Avalokiteshvar Valinv Limited for the years 2023 and 2022:
1. Debt Equity Ratio - 0.02:
The debt equity ratio, indicating the proportion of debt used to finance the company 's assets relative to equity, remains consistent at 0.02 for both years. This implies a low level of debt in the capital structure, signaling financial stability and a lower risk of insolvency.
2. Debt Service Coverage Ratio (DSCR) - 0.73:
The debt service coverage ratio, assessing the ability to cover debt obligations with operating income, has decreased from 2.23 in 2022 to 0.73 in 2023. A ratio below 1 indicates potential challenges in meeting debt obligations with available operating income, and a decline may raise concerns about debt repayment capability.
3. Return on Equity (ROE) - 1.29:
The return on equity, measuring the profitability generated from shareholders ' equity, has decreased from 7.61 in 2022 to 1.29 in 2023. This decline suggests a lower profitability relative to the equity invested, and further analysis is needed to understand the factors contributing to this decrease.
4. Inventory Turnover Ratio - 4.23:
The inventory turnover ratio, indicating how efficiently a company manages its inventory, has decreased from 27.78 in 2022 to 4.23 in 2023. This significant drop may suggest potential issues in inventory management, such as overstocking or slower sales, impacting operational efficiency.
5. Net Profit Ratio - 0.31:
The net profit ratio, indicating the percentage of profit relative to total revenue, has remained relatively stable at 0.31 in 2023 compared to 0.32 in 2022. While the ratio is relatively low, further analysis is needed to understand the company 's profit margins and potential factors influencing profitability.
6. Return on Investment (ROI) - 0.55:
The return on investment, measuring the efficiency of an investment relative to its cost, has decreased from 5.17 in 2022 to 0.55 in 2023. This significant decline suggests a substantial decrease in the efficiency of the company 's investments and warrants investigation into the factors contributing to this change.
7. Return on Capital Employed (ROCE) - 1.22:
The return on capital employed, indicating the efficiency of capital utilization in generating profits, has decreased from 4.04 in 2022 to 1.22 in 2023. This decline suggests a reduction in the profitability of the capital employed and merits further examination of operational and financial aspects impacting returns.