Bil Energy Systems Annual Reports, Balance Sheet and Financials

BIL Energy Systems Limited Balance Sheet (Rs. In Lakhs)

BIL Energy Systems Limited Profit & Loss Statement (Rs. In Lakhs)

BIL Energy Systems Limited Consolidated Cash Flow Statement (Rs. In Lakhs)

Here is a summary of the Cash Flow Statement for the years 2020 and 2019:

Net Profit/(Loss) Before Tax & Extraordinary Items: In the year ending March 31, 2020, the company reported a net loss before tax and extraordinary items of -1383.91, while in the previous year ending March 31, 2019, it reported a net profit of 913.53.

Adjustments For Depreciation, Sundry Balance Written Off, and Provisions: The company made adjustments for depreciation, sundry balance written off, and provisions for diminution in the value of quoted shares and doubtful debts. These adjustments reflect non-cash expenses or provisions made during the period.

Gain/Loss on Foreign Exchange Fluctuation and Interest Income/Expense: Additionally, there were adjustments for gains or losses on foreign exchange fluctuations and interest income/expenses. These items affect the operating profit before working capital changes.

Operating Profit Before Working Capital Changes: After adjusting for the aforementioned items, the operating profit before changes in working capital was -720.89 in 2020 and -34.29 in 2019.

Changes in Working Capital: There were changes in working capital components such as trade receivables, inventories, short-term loans and advances, and trade and other payables. These changes contributed to the cash flows from operating activities.

Cash Flow from Operating Activities: Considering the operating profit before working capital changes and adjustments in working capital, the cash flow from operating activities was -1010.22 in 2020 and -297.18 in 2019. The negative figure indicates a net outflow of cash from operating activities.

Cash Flow from Investing Activities: The company invested in fixed assets, purchased investments, earned interest income, and experienced movements in loans and advances. The net cash used in investing activities was 1008.06 in 2020 and 314.13 in 2019.

Cash Flow from Financing Activities: There were minimal financing activities, primarily reflecting interest paid. The net cash from financing activities was -1.63 in 2020 and -16.03 in 2019.

Net Increase/(Decrease) in Cash and Cash Equivalents during the Year: After considering cash flows from operating, investing, and financing activities, there was a net decrease in cash and cash equivalents of -3.80 in 2020 and an increase of 0.92 in 2019.

Cash and Cash Equivalents at the Beginning and End of the Year: The cash and cash equivalents at the beginning of the year were 10.23 in 2020 and 9.31 in 2019. By the end of the year, cash and cash equivalents decreased to 6.43 in 2020 and increased to 10.23 in 2019. These figures represent the cash position of the company at the beginning and end of each year.

Financial Ratios of BIL Energy Systems Limited

Here is a summary of the financial and operational metrics for BIL Energy Systems Limited for the years 2020 and 2019:

Current Ratio: The current ratio decreased from 0.89 in 2019 to 0.77 in 2020. This indicates a reduction in the company 's ability to cover its short-term liabilities with its current assets. A current ratio below 1.0 may suggest liquidity concerns.

Quick Ratio: The quick ratio remained the same at 0.77 in both 2019 and 2020. This ratio measures the company 's ability to cover its short-term obligations with its most liquid assets (excluding inventory). A stable quick ratio suggests a consistent liquidity position, but it 's still below 1.0, indicating potential liquidity challenges.

Inventory Turnover Ratio: The inventory turnover ratio increased slightly from 5.87 in 2019 to 6.25 in 2020. This indicates that the company 's inventory turnover improved slightly, meaning it sold its inventory more frequently during the year. A higher inventory turnover ratio is generally favorable as it implies efficient inventory management.

Return on Equity (ROE): The return on equity dramatically declined from 42.72% in 2019 to -183.45% in 2020. A negative ROE indicates that the company incurred a net loss during the year, resulting in negative shareholder returns. This could be attributed to increased expenses, decreased revenues, or other financial challenges.

Return on Capital Employed (ROCE): Similarly, the return on capital employed also declined sharply from 43.48% in 2019 to -182.09% in 2020. This indicates that the company 's capital investments were not generating positive returns during the year, resulting in overall negative returns on invested capital.

Net Profit Ratio: The net profit ratio decreased significantly from 99.7% in 2019 to -141.5% in 2020. This indicates that the company experienced a substantial net loss during the year relative to its total revenue. A negative net profit ratio reflects that the company 's expenses exceeded its revenue, resulting in a loss.

Dividend History: N/A