Blossom Industries Annual Reports, Balance Sheet and Financials

Blossom Industries Limited  Balance Sheet (Rs in Lakhs)

 Blossom Industries Limited  Profit & Loss Statement (Rs in Lakhs)

 Blossom Industries Limited  Consolidated Cash Flow Statement (Rs in Lakhs)

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

Cash Flow from Operating Activities:

For the year ending March 31, 2024, the company generated an operating profit before working capital adjustments of ₹2,336.14 lakhs, a rise from ₹1,349.60 lakhs in 2023. Adjustments were made for various items, including depreciation and amortization of ₹575.68 lakhs and finance costs of ₹554.94 lakhs. Notably, interest income and share of profit from a partnership firm, which were deducted, contributed to negative adjustments, amounting to -₹1,378.04 lakhs and -₹605.45 lakhs, respectively.

Working capital adjustments reveal cash outflows from increases in inventories (₹940.15 lakhs) and trade receivables (₹1,797.74 lakhs), while fixed deposits saw minor changes. Other adjustments included a significant increase in trade payables of ₹439.07 lakhs and short-term borrowings of ₹1,419.21 lakhs, which partially offset other liabilities. After accounting for tax payments of ₹747.44 lakhs, net cash flow from operating activities was a slight outflow of ₹-8.06 lakhs, a minor improvement from the outflow of ₹-230.06 lakhs in 2023.

Cash Flow from Investing Activities:

Investing activities reflect a net cash outflow of ₹-352.63 lakhs in 2024, contrasting with the prior year 's inflow of ₹1,528.02 lakhs. The main outflows included capital expenditures on fixed assets of ₹1,836.51 lakhs, up significantly from ₹803.32 lakhs the previous year, suggesting increased investment in property and equipment. However, the sale of mutual fund investments generated a minor inflow of ₹105.32 lakhs, while interest income of ₹1,378.04 lakhs provided some relief, though lower than in 2023. Overall, the cash used in investing indicates a strategic investment increase, though with a lower return compared to the previous year.

Cash Flow from Financing Activities:

Financing activities in 2024 resulted in a net cash inflow of ₹320.76 lakhs, a turnaround from the outflow of ₹-1,250.61 lakhs in 2023. The major inflows included proceeds from a term loan of ₹876.73 lakhs. Conversely, the company incurred interest payments of ₹554.94 lakhs, which were a consistent outflow, though slightly lower than last year. In 2023, a substantial repayment of term loans led to a net outflow; however, the absence of similar repayment obligations in 2024 contributed positively to cash flow.

Net Change in Cash and Cash Equivalents:

The net decrease in cash and cash equivalents for the year ending March 31, 2024, was ₹-39.93 lakhs, resulting in a closing balance of ₹209.25 lakhs, down from ₹249.18 lakhs at the start of the year. The modest reduction reflects careful cash management, with increases in financing partially offsetting investing outflows and a small operating outflow. This year-end cash balance signifies a relatively stable liquidity position, slightly lower than the previous year’s close but consistent with operational and investment needs.

 Financial Ratios of AdTech Systems Limited

Here is a summary of the financial and operational metrics for AdTech Systems Limited for the year 2024 and 2023:

Current Ratio (2023-24: 2.36, 2022-23: 2.42):
The current ratio measures the company’s capacity to meet short-term liabilities using its current assets. This ratio slightly declined from 2.42 to 2.36, still above the ideal threshold of 2. This small decrease suggests a slight reduction in liquidity but remains indicative of a strong short-term financial position.

Debt-Equity Ratio (2023-24: 0.28, 2022-23: 0.20):
This ratio indicates the company’s use of debt relative to shareholders ' equity. It increased from 0.20 to 0.28, showing a slight increase in debt reliance. However, the ratio remains low, suggesting conservative financial leverage and low dependence on borrowed funds.

Debt Service Coverage Ratio (DSCR) (2023-24: 6.16, 2022-23: 3.66):
The DSCR improved significantly, indicating that the company’s earnings are more than sufficient to cover its debt obligations. The increase from 3.66 to 6.16 demonstrates a stronger ability to service debt, which is a positive indicator of financial health and lower risk.

Return on Equity (ROE) (2023-24: 12%, 2022-23: 14%):
This ratio, which reflects the profitability on shareholders ' equity, declined from 14% to 12%. The decrease suggests that while the company remains profitable, its returns to shareholders have moderated, which may reflect lower net income relative to equity.

Net Profit Ratio (2023-24: 8%, 2022-23: 9%):
This ratio measures the percentage of revenue converted to net profit. The slight drop from 9% to 8% indicates reduced profitability, potentially due to increased costs or lower revenue margins.

Return on Capital Employed (ROCE) (2023-24: 14%, 2022-23: 19%):
ROCE evaluates the company’s efficiency in using capital to generate earnings. The decline from 19% to 14% indicates a reduction in profitability relative to the capital employed, suggesting lower returns on investments in capital assets.

Return on Investment (ROI) (2023-24: 8%, 2022-23: 13%):
ROI dropped significantly, highlighting lower returns from the company’s investments. This may suggest that recent investments have not generated as high returns, affecting overall profitability.

Inventory Turnover Ratio (2023-24: 10.01, 2022-23: 13.93):
This ratio indicates how often inventory is sold and replaced. The decrease suggests slower inventory turnover, which could imply a buildup of stock or slower demand, impacting cash flow tied up in inventory.

Trade Receivables Turnover Ratio (2023-24: 20.3, 2022-23: 18.88):
An increase in this ratio suggests improved efficiency in collecting receivables, with faster turnover of credit sales. This improvement reflects strong credit management, which positively impacts cash flow.

Trade Payables Turnover Ratio (2023-24: 6.71, 2022-23: 11.62):
The ratio’s decline indicates that the company is taking longer to pay its suppliers. This could suggest better cash flow management or favorable terms with suppliers, allowing the company to retain cash for longer.

Net Capital Turnover Ratio (2023-24: 2.32, 2022-23: 2.77):
This ratio reflects the efficiency of using working capital to generate revenue. The decline suggests that the company generated less revenue per unit of working capital, possibly due to slower sales growth or increased working capital needs.