Cyber Media Research and Services Limited Annual Report and Financials

CYBER MEDIA RESEARCH AND SERVICES Limited Balance Sheet (Rs in LAKHS)

CYBER MEDIA RESEARCH AND SERVICES Limited Profit& Loss Statement (Rs In LAKHS)

CYBER MEDIA RESEARCH AND SERVICES Limited Consolidated Cash Flow Statement (Rs In LAKHS)

Certainly! Let 's break down the Cash Flow Statement for the years 2021 and 2022 in detail:

A. Cash Flow from Operating Activities:

   Profit for the Period after Tax: In 2022, the company reported a profit of ₹160.01, a substantial increase from the previous year 's ₹50.48.

   Adjustments: Various adjustments were made, including ₹32.76 (2022) and ₹35.91 (2021) for Debit Balance Written Off, ₹26.56 (2022) and ₹13.62 (2021) for Depreciation & Amortization Expenses, ₹71.34 (2022) and ₹34.45 (2021) for Tax Expense, ₹5.96 (2022) and ₹29.69 (2021) for Remeasurement of Defined Benefit Plans, ₹8.3 (2022) and ₹14.88 (2021) for Interest Income, and ₹92.62 (2022) and ₹102.34 (2021) for Interest Expense.

   Movements In Working Capital: The changes in working capital included adjustments for operating assets and liabilities. Notably, Trade Payables saw a significant increase in 2022 (₹753.56) compared to 2021 (₹14.23).

   Cash Generated From Operations: The overall cash generated from operating activities was ₹37.54 in 2022 and ₹52.4 in 2021.

   Income Tax Paid: The Company paid ₹22.1 in income tax in 2022, a substantial decrease from ₹180.4 paid in 2021.

   Net Cash Generated By Operating Activities (A): The net cash generated by operating activities was ₹59.64 in 2022 and ₹232.8 in 2021.

B. Cash Flow from Investing Activities:

   Acquisition of Assets: The Company invested ₹1.09 in Property, Plant & Equipment in 2022, and ₹2.45 in 2021. Notably, there was a significant acquisition of Intangible Assets in 2022 (₹74.29).

   Disposal of Assets: In 2022, the company disposed of Intangible Assets Under Development (₹73.42), and in 2021, there was no disposal.

   Interest Received: The Company received ₹8.3 in interest in 2022 and ₹14.88 in 2021.

   Loans & Advances Given: The Company gave loans and advances amounting to ₹158 in both 2022 and 2021.

   Net Cash Generated by/(Used in) Investing Activities (B): The net cash generated by investing activities was ₹164.34 in 2022 and ₹165.54 in 2021.

C. Cash Flow from Financing Activities:

   Proceeds From Borrowings: The company generated ₹48.61 from Long Term Borrowings in 2022, a decrease from ₹118.16 in 2021.

   Payment of Borrowings: Payment of Short Term Borrowings increased significantly from ₹80.02 in 2021 to ₹283.03 in 2022.

   Interest Paid: The Company paid ₹92.62 in interest in 2022 and ₹102.34 in 2021.

   Net Cash Generated by/(Used in) Financing Activities (C): The net cash generated by financing activities was ₹141.8 in 2022 and ₹64.2 in 2021.

D. Exchange difference in foreign currency:

    The exchange difference in foreign currency was ₹1.11 in 2022 and ₹0.4 in 2021.

Net Decrease in Cash and Cash Equivalents (A+B+C+D):

    The net decrease in cash and cash equivalents was significant, amounting to ₹366.89 in 2022 and ₹2.66 in 2021.

Cash and Cash Equivalents at the Beginning and End of the Year:

    The cash and cash equivalents at the beginning of 2022 were ₹172.66, increasing to ₹539.55 by the end of the year. In 2021, it started at ₹170 and ended at ₹172.66. The substantial increase in cash at the end of 2022 indicates a positive cash flow position for the company.

Below are the Financial Ratios

Certainly! Let 's delve into the financial particulars for the year 2022 and explain each point in detail:

1. EBITDA (Earnings before Interest, Taxes, Depreciation, and Amortization):

    EBITDA represents the company 's operating performance as a percentage of revenue. In 2022, the EBITDA margin was 72.70%, indicating that the company earned a substantial profit before accounting for interest, taxes, and other non-operating expenses relative to its revenue.

2. Net Worth:

  Net worth is the difference between a company 's assets and liabilities, representing shareholders ' equity. In 2022, the net worth was 67.70%, indicating that shareholders ' equity accounted for 67.70% of the company 's total capital structure.

3. Debt/Equity Ratio:

  The Debt/Equity Ratio measures the proportion of a company 's financing that comes from debt compared to equity. A ratio of 3.06 implies that the company has a higher level of debt relative to equity, which may indicate higher financial leverage. It 's crucial to assess whether this level of leverage aligns with the company 's risk tolerance and financial strategy.

4. Return on Equity (ROE):

    ROE is a profitability ratio that measures the ability of a company to generate profit from its shareholders ' equity. A return on equity of 42.25% in 2022 signifies that for every rupee of equity, the company generated a return of 42.25%, reflecting strong profitability.

5. Total Assets:

    Total Assets represent the sum of a company 's assets. A growth of 27.40% in total assets indicates an expansion in the company 's asset base during the year.

6. Fixed Assets:

   The negative value of -26.55% for Fixed Assets suggests a decrease in the value of fixed assets. This could be due to factors such as depreciation, asset write-offs, or divestment of fixed assets during the year.

7. Current Assets:

   Current Assets include assets that are expected to be converted into cash or used up within one year. The positive growth of 5.72% in current assets implies an increase in the short-term assets of the company.

8. Current Liabilities:

  Current Liabilities represent the company 's obligations that are expected to be settled within one year. The growth of 57.69% in current liabilities indicates an increase in short-term obligations, and it 's essential to assess the nature of these liabilities.

9. Trade Receivables:

    Trade Receivables represent amounts owed to the company by its customers. A growth of 6.10% suggests an increase in outstanding receivables, and management may need to monitor and manage the collection of these amounts efficiently.

10. Trade Payables:

    Trade Payables represent amounts the company owes to its suppliers. A growth of 16.24% in trade payables indicates an increase in short-term liabilities related to trade transactions.

11. Current Ratio:

 The Current Ratio is a liquidity ratio that measures the company 's ability to cover its short-term obligations with its short-term assets. A current ratio of 1.06 suggests that the company has slightly more current assets than current liabilities, indicating a relatively stable short-term liquidity position.