Calcutta Security Printers Annual Reports, Balance Sheet and Financials

 Calcutta Security Printers Limited Balance Sheet (In Rs.)

Calcutta Security Printers Limited Profit & Loss Statement (In Rs.)

 Calcutta Security Printers Limited Consolidated Cash Flow Statement (In Rs.)

Here is a summary of the Cash Flow Statement for the years 2022 and 2021:

Operating Activities:

The cash flows from operating activities significantly improved from 66,64,006.00 in 31 March 2021 to 1,61,76,891.00 in 31 March 2022. This notable improvement primarily stemmed from adjustments made for operating profit before working capital changes and changes in working capital.

Adjustments included depreciation, interest paid, provisions for gratuity, leave encashment, profit for sale on assets, and other income. These adjustments contributed to determining the operating profit before working capital changes.

Notably, there was a substantial increase in the net cash flow from operating activities due to significant changes in trade receivables and trade payables. Trade receivables increased by 4,921,800 while trade payables and other liabilities decreased by 57,47,361.00 in 31 March 2022 compared to 31 March 2021.

Investing Activities:

Cash flows from investing activities decreased from -13,88,41,63 in 31 March 2021 to -5,27,5743 in 31 March 2022. This change primarily resulted from purchases and sales of fixed assets.

In 31 March 2022, the company purchased fixed assets worth -5,98,4068 and sold fixed assets worth 630357. Additionally, the company received interest on investments. These transactions collectively contributed to the net cash generated by investing activities.

Financing Activities:

Cash flows from financing activities changed from 95,38,962 in 31 March 2021 to -1,92,88,777 in 31 March 2022. This significant change was primarily due to proceeds from borrowings and payments for interest and finance charges.

The company secured proceeds from borrowings worth -1,35,80,477, but paid interest and finance charges amounting to -57,08,300 in 31 March 2022. These financing activities resulted in a net cash outflow from financing activities.

Change in Cash and Cash Equivalents:

The net decrease in cash and cash equivalents during the year was -83,87,628 in 31 March 2022, compared to an increase of 23,18,805 in 31 March 2021. This indicates a substantial change in the company 's cash position.

Cash and cash equivalents at the end of 31 March 2022 were 19,59,341, a notable decrease from 1,03,46,969 recorded at the end of 31 March 2021. This decrease suggests a significant outflow or utilization of cash during the year.

Financial Ratios of Calcutta Security Printers Limited

Insight of the financial ratios of Calcutta Security printers Limited for March 31, 2022

Current Ratio:

The current ratio decreased from 0.94 in 2021 to 0.83 in 2022. This indicates a deterioration in the company 's short-term liquidity position, as it now has less current assets to cover its current liabilities.

Debt Equity Ratio:

The debt equity ratio increased from 1.55 in 2021 to 1.71 in 2022. This suggests that the company increased its reliance on debt financing relative to equity financing, which may indicate increased financial risk due to higher leverage.

Debt Service Coverage Ratio:

The debt service coverage ratio decreased significantly from 0.86 in 2021 to 0.16 in 2022. A low ratio indicates that the company 's cash flow from operations is insufficient to cover its debt service obligations. This could be a sign of financial distress and may require attention to improve cash flow and debt management.

Return on Equity (ROE) Ratio:

The return on equity ratio worsened from -6.45% in 2021 to -22.90% in 2022. A negative ROE indicates that the company incurred a net loss relative to its shareholders ' equity. The significant decline suggests a substantial decrease in profitability relative to equity.

Inventory Turnover Ratio:

The inventory turnover ratio remained relatively stable, increasing slightly from 11 in 2021 to 12 in 2022. This indicates that the company is selling its inventory at a slightly faster rate in 2022 compared to 2021.

Trade Receivable Turnover Ratio:

The trade receivable turnover ratio increased from 2.99 in 2021 to 4.24 in 2022. This suggests that the company is collecting its receivables more efficiently in 2022, which can help improve cash flow and reduce the risk of bad debts.

Trade Payable Turnover Ratio:

The trade payable turnover ratio increased from 3.47 in 2021 to 5.00 in 2022. This indicates that the company is paying its suppliers at a faster rate in 2022 compared to 2021.

Net Capital Turnover Ratio:

The net capital turnover ratio improved significantly from -18.23 in 2021 to 1.75 in 2022. A positive ratio indicates efficient utilization of capital to generate sales. The significant improvement suggests a turnaround in capital utilization efficiency.

Net Profit Ratio:

The net profit ratio worsened from -2.74% in 2021 to -7.08% in 2022. This indicates a significant decrease in profitability relative to total revenue, which could be attributed to increased expenses or decreased revenue.

Return on Capital Employed (ROCE):

The return on capital employed ratio worsened significantly from 4.19% in 2021 to -17.08% in 2022. This suggests that the company 's profitability relative to the capital employed deteriorated substantially in 2022.

Dividend History of Calcutta Security printers Limited: N/A