| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Dalmia Bharat Refractories Limited |
| Particulars | 31-03-2024 | 31-03-2023 |
|---|---|---|
| Assets | ||
| Property, plant and equipment | 285.61 | 329.44 |
| Right of use assets | 13.58 | 15.82 |
| Investment property | 0.21 | 0.21 |
| Capital work - in - progress | 90.20 | 83.05 |
| Goodwill | 0.02 | 97.71 |
| Financial assets - Investments | 2,293.40 | 1,839.38 |
| Financial assets - Other financial assets | 3.62 | 3.55 |
| Non-current tax assets (net) | 29.99 | 36.30 |
| Other non-current assets | 2.72 | - |
| Inventories | 28.86 | 66.68 |
| Financial assets - Investments | 218.59 | 425.06 |
| Financial assets - Trade receivables | 23.53 | 148.26 |
| Financial assets - Cash and cash equivalents | 231.79 | 128.21 |
| Financial assets - Bank balances other than above | 19.70 | 92.17 |
| Financial assets - Other financial assets | 3.05 | 124.80 |
| Other current assets | 33.95 | 24.90 |
| Total Assets | 3,278.86 | 3,463.41 |
| Equity and Liabilities | ||
| Equity share capital | 44.20 | 44.20 |
| Other equity | 2,561.75 | 2,713.23 |
| Non-controlling interests | 5.78 | 5.82 |
| Financial liabilities - Borrowings | 576.83 | 58.85 |
| Financial liabilities - Lease liabilities | 0.61 | 1.53 |
| Financial liabilities - Other financial liabilities | 4.73 | - |
| Provisions | 9.56 | 9.28 |
| Financial liabilities - Lease liabilities | 0.22 | 0.87 |
| Financial liabilities - Trade payables | 31.15 | 185.42 |
| Financial liabilities - Other financial liabilities | 27.56 | 297.19 |
| Other current liabilities | 6.11 | 27.53 |
| Provisions | 10.20 | 79.14 |
| Total Equity and Liabilities | 3,278.86 | 3,463.41 |
| Particulars | 31-03-2024 | 31-03-2023 |
|---|---|---|
| Continuing Operations | ||
| Revenue from operations | 115.96 | 351.65 |
| Other income | 63.08 | 13.21 |
| Total income | 179.04 | 364.86 |
| Expenses | ||
| Cost of raw materials consumed | 46.26 | 62.38 |
| Purchase of stock-in-trade | 16.79 | 163.57 |
| Changes in inventories of finished goods, stock-in-trade, and work-in-progress | 6.79 | (2.23) |
| Employee benefits expense | 18.61 | 51.31 |
| Finance costs | 13.85 | 4.07 |
| Depreciation, amortisation and impairment expense | 24.25 | 57.00 |
| Other expenses | 54.92 | 57.62 |
| Total expenses | 181.47 | 393.72 |
| (Loss) for the year before tax from continuing operations | (2.43) | (28.86) |
| Exceptional items | 12.09 | 1,759.87 |
| Profit before tax from continuing operations | 9.66 | 1,731.01 |
| Tax expense/(benefit) | ||
| Current tax | - | 5.94 |
| Deferred tax | 6.22 | 390.30 |
| Tax adjustments for earlier years | 2.64 | - |
| Total tax expense of continuing operations | 8.86 | 396.24 |
| Net profit for the year after tax from continuing operations | 0.80 | 1,334.77 |
| Discontinued Operations | ||
| Profit/(loss) before tax from discontinued operation | 61.88 | (52.25) |
| Exceptional items | - | 26.39 |
| Tax expense/(credit) on discontinued operation | 15.59 | 2.54 |
| Net profit/(loss) for the year from discontinued operation | 46.29 | (28.40) |
| Profit for the year | 47.09 | 1,306.37 |
| Other Comprehensive Income (OCI) | ||
| Items that will not be reclassified to profit or loss | ||
| Net (loss)/gain on equity instruments through OCI | (230.25) | 27.15 |
| Income tax effect on above | 3.00 | (2.77) |
| Re-measurement of defined benefit plans | (0.10) | (1.29) |
| Other comprehensive income for the year, net of tax | (227.32) | 23.42 |
| Items that will be reclassified to profit or loss | ||
| Net (loss)/gain on debt instruments through OCI | (8.25) | - |
| Exchange differences in translating the financial statements of foreign operations | (1.50) | 11.47 |
| Other comprehensive income for the year, net of tax | (237.07) | 34.89 |
| Total comprehensive income for the year | (189.98) | 1,341.26 |
| Owners of the Company | (189.73) | 1,339.31 |
| Non-controlling interest | (0.25) | 1.95 |
| Basic and Diluted Earnings Per Share (₹) - Continuing operations | 0.19 | 301.98 |
| Basic and Diluted Earnings Per Share (₹) - Discontinued operation | 10.47 | (6.87) |
| Basic and Diluted Earnings Per Share (₹) - Continuing and discontinued operations | 10.66 | 295.11 |
| Particulars | 31-03-2024 | 31-03-2023 |
|---|---|---|
| A. Cash flow from operating activities | ||
| Profit/(loss) before tax from ordinary activities before exceptional items | ||
| - Continuing operations | (2.43) | (28.86) |
| - Discontinuing operations | 61.88 | (25.86) |
| Profit/(loss) before taxation and before exceptional items | 59.45 | (54.72) |
| Exceptional items | 12.09 | 1,759.87 |
| Profit before taxation | 71.54 | 1,705.15 |
| Adjustments for: | ||
| Depreciation and amortisation expense | 24.31 | 67.93 |
| Provision no longer required written back | (71.95) | (0.09) |
| Gain on sale of subsidiary | (12.09) | - |
| Gain on slump sale of business | - | (1,759.87) |
| Provision for warranty | 0.80 | 15.63 |
| Finance cost | 14.02 | 9.58 |
| Interest income | (27.88) | (8.86) |
| Dividend income | (7.38) | (0.57) |
| Profit on termination of lease | (0.02) | - |
| Gain on investments carried at fair value through statement of profit and loss | (2.48) | (1.23) |
| Profit on sale of property, plant and equipment | 0.15 | (0.26) |
| Operating profit/(loss) before working capital changes | (25.87) | 125.23 |
| Adjustments for working capital: | ||
| Decrease/(Increase) in inventories | 13.51 | (48.65) |
| Decrease/(Increase) in trade receivables | 93.59 | (127.14) |
| Decrease in loans | 0.49 | 0.02 |
| Decrease/(Increase) in other financial assets | 21.82 | (33.48) |
| (Increase) in other assets | (16.58) | (18.18) |
| (Decrease)/Increase in trade payables | (112.08) | 284.12 |
| (Decrease)/Increase in other financial liabilities | (277.38) | 7.11 |
| (Decrease) in provisions | (5.16) | (31.58) |
| (Decrease)/Increase in other liabilities | (8.75) | 0.25 |
| Cash (used in)/generated from operations | (290.54) | 32.47 |
| Income taxes paid (net) | (6.14) | (14.58) |
| Net cash flow (used in)/generated from operating activities | (322.55) | 143.12 |
| B. Cash flow from investing activities | ||
| Proceeds from sale of property, plant and equipment | 0.02 | 3.53 |
| Interest income | 27.52 | 8.86 |
| Dividend income | 7.38 | 0.57 |
| Purchase of non-current investments | (692.52) | - |
| Purchase of current investments | (70.00) | - |
| Proceeds from sale of mutual funds | 821.93 | 647.26 |
| Purchase of mutual funds | (528.09) | (1,075.00) |
| Proceed from sale of investment in shares of subsidiary | 114.28 | - |
| Other bank balances | 58.99 | (90.83) |
| Proceeds on slump sale of business | 90.80 | 393.29 |
| Net cash flow (used in) investing activities | (175.54) | (131.68) |
| C. Cash flow from financing activities | ||
| Dividend paid | (6.56) | (2.21) |
| Proceeds/(Repayment) of current borrowings (net) | - | 110.47 |
| Proceeds of non-current borrowings (net of transaction costs) | 725.79 | - |
| (Repayment) of non-current borrowings | (113.00) | - |
| Repayment of lease liability | (0.77) | (24.33) |
| Interest paid | (3.79) | (18.38) |
| Net cash flow generated from financing activities | 601.67 | 66.55 |
| Net increase in cash and cash equivalents | 103.58 | 77.99 |
| Cash and cash equivalents at the beginning of the year | 128.21 | 50.11 |
| Cash and cash equivalents at the end of the year | 231.79 | 128.21 |
Summary of Cash Flow Statement for the years ending on March 31, 2024, and March 31, 2023, for Dalmia Bharat Refractories:
Cash Flow from Operating Activities
The company reported a profit before tax of ₹71.54 crore for the year ended 31-03-2024, including exceptional items. Adjustments were made for non-cash and non-operating items such as depreciation and amortisation expenses of ₹24.31 crore, finance costs of ₹14.02 crore, and gains from various investments and asset disposals. Working capital adjustments included a significant decrease in trade receivables of ₹93.59 crore and inventories of ₹13.51 crore, offset by a substantial decrease in trade payables of ₹112.08 crore and other financial liabilities of ₹277.38 crore. After accounting for income taxes paid of ₹6.14 crore, the net cash used in operating activities amounted to ₹322.55 crore for the year.
Cash Flow from Investing Activities
During the year, the company incurred a net cash outflow of ₹175.54 crore in investing activities. Key cash inflows included ₹821.93 crore from the sale of mutual funds, ₹114.28 crore from the sale of investments in shares of a subsidiary, and ₹90.80 crore from a slump sale of business. Major outflows included ₹692.52 crore for the purchase of non-current investments and ₹528.09 crore for mutual fund acquisitions. Additionally, the company received interest income of ₹27.52 crore and dividend income of ₹7.38 crore, contributing positively to the investing cash flow.
Cash Flow from Financing Activities
The company generated net cash inflows of ₹601.67 crore from financing activities during the year. Proceeds from non-current borrowings, net of transaction costs, amounted to ₹725.79 crore, while repayments of non-current borrowings totaled ₹113.00 crore. Dividend payments during the year amounted to ₹6.56 crore. Lease liabilities were repaid amounting to ₹0.77 crore, and interest payments of ₹3.79 crore were made during the period.
Net Increase in Cash and Cash Equivalents
The combined effect of cash flows from operating, investing, and financing activities resulted in a net increase in cash and cash equivalents of ₹103.58 crore. The opening balance of cash and cash equivalents was ₹128.21 crore, leading to a closing balance of ₹231.79 crore as of 31-03-2024.
|
Particulars |
2024 |
2023 |
|
Dividend |
1.50 |
1.50 |
|
Retained Earnings(in Crores) |
1,373.78 |
1,333.94 |
