DD Ventures Limited Annual Report and Financials

DD Ventures Limited Balance Sheet (Rs In Lakhs)

 DD Ventures Limited Profit & Loss Statement (Rs In Lakhs)

 DD Ventures Limited Consolidated Cash Flow Statement (Rs In Lakhs)

Certainly, here is a summary of the Cash Flow Statement for the years 2023 and 2022:

CASH FLOW FROM OPERATING ACTIVITIES:

1. Net Profit/(Loss) before Tax as per statement of Profit and Loss:

In 2023, the company had a net loss of -3.56 Rs.

In 2022, the company also had a net loss of -8.46 Rs.

This line item represents the company 's net profit or loss before accounting for income tax expenses.

2. Operating Profit/(Loss) Before Working Capital Changes:

In 2023, the operating profit/loss before considering changes in working capital was -3.56 Rs.

In 2022, it was also -8.46 Rs.

This line item indicates the company 's profitability before taking into account changes in its working capital. It helps assess the core operational performance of the business.

3. Changes in Working Capital (Excluding Cash & Bank Balances):

Inventories:

In 2023, the company 's inventory decreased by 35.93 Rs.

No data is provided for 2022.

A decrease in inventory indicates that the company sold more of its inventory during the year, which can be a positive sign.

Trade Receivables:

No data is provided for 2023.

In 2022, trade receivables increased by 6.79 Rs.

An increase in trade receivables suggests that the company 's customers owe it more money, which can impact cash flow negatively.

Other Current Assets:

In 2023, other current assets decreased by 26.32 Rs.

In 2022, they decreased by 19.87 Rs.

A decrease in other current assets can indicate that the company used these assets to generate cash or repay liabilities.

Trade Payable:

In 2023, trade payable increased by 3.86 Rs.

In 2022, trade payable decreased by 0.26 Rs.

An increase in trade payable can indicate that the company extended its payment terms with suppliers, which can positively impact cash flow.

Other Current Liabilities:

No data is provided for 2023.

In 2022, other current liabilities decreased by 0.4 Rs.

A decrease in other current liabilities can indicate that the company paid off some of its short-term obligations, which can negatively impact cash flow.

4. Cash Generated from Operations:

In 2023, the company generated 61.95 Rs from its operating activities.

In 2022, it had a cash outflow of -22.2 Rs from its operations.

This line item represents the cash generated or used by the company 's core operating activities after considering changes in working capital.

5. NET CASH FROM OPERATING ACTIVITIES:

In 2023, the company had a net positive cash flow of 61.95 Rs from its operating activities.

In 2022, it had a net negative cash flow of -22.2 Rs.

This is the overall result of the company 's operating activities on its cash flow.

CASH FLOW FROM INVESTING ACTIVITIES:

1. In Capital Works in Progress:

In 2023, the company invested 35.93 Rs in capital works in progress.

No data is provided for 2022.

This line item represents the cash flow related to investments in capital assets or projects.

2. NET CASH FROM INVESTING ACTIVITIES:

In 2023, the net cash flow from investing activities was 35.93 Rs.

No data is provided for 2022.

This is the overall result of the company 's investing activities on its cash flow.

CASH FLOW FROM FINANCING ACTIVITIES:

1. Proceeds from Long Term Borrowings:

In 2023, the company received 25.7 Rs from long-term borrowings.

In 2022, it received 21.63 Rs from long-term borrowings.

This line item represents the cash flow related to obtaining long-term loans.

2. NET CASH FROM FINANCING ACTIVITIES:

In 2023, the net cash flow from financing activities was 25.7 Rs.

In 2022, it was 21.63 Rs.

This is the overall result of the company 's financing activities on its cash flow.

NET INCREASE IN CASH AND CASH EQUIVALENTS:

In 2023, there was a net increase of -0.32 Rs in cash and cash equivalents.

In 2022, there was a net increase of -0.57 Rs in cash and cash equivalents.

This line item represents the change in cash and cash equivalents from the beginning to the end of the year.

CASH AND CASH EQUIVALENTS (OPENING AND CLOSING BALANCE):

In 2023, the opening balance of cash and cash equivalents was 0.96 Rs, and the closing balance was 0.63 Rs.

In 2022, the opening balance was 1.53 Rs, and the closing balance was 0.96 Rs.

These figures show the amount of cash and cash equivalents at the beginning and end of the year.

In summary, the Cash Flow Statement provides a detailed picture of how the company 's cash position changed during the year, considering its operating, investing, and financing activities. Positive cash flow indicates an increase in cash, while negative cash flow indicates a decrease.

Bellow are the Financial Ratios

Here is a summary of the financial and operational metrics for DD Ventures Limited for the years 2023 and 2022:

2023:

1. Current Ratio:

2023: 15.45

The current ratio is a measure of a company 's ability to cover its short-term liabilities with its short-term assets. A current ratio above 1 indicates that the company has more current assets than current liabilities, which is generally considered a good sign.

2. Debt – Equity Ratio:

2023: 33.29

The debt-equity ratio indicates the proportion of a company 's financing that comes from debt as opposed to equity. A higher debt-equity ratio suggests that the company has a significant portion of its financing coming from debt, which can be riskier.

3. Return on Equity Ratio:

2023: -0.81

The return on equity (ROE) ratio measures a company 's profitability in relation to shareholders ' equity. A negative ROE indicates that the company 's net income is insufficient to cover the cost of equity, which is a concerning sign.

4. Inventory Turnover Ratio:

2023: 2.78

The inventory turnover ratio measures how efficiently a company manages its inventory. An inventory turnover ratio of 2.78 suggests that the company is selling and replacing its inventory nearly three times a year.

5. Net Capital Turnover Ratio:

2023: 0.56

The net capital turnover ratio measures how efficiently a company uses its capital to generate revenue. A ratio of 0.56 indicates that the company generates revenue equal to 56% of its capital.

6. Net Profit Ratio:

2023: 0.07

The net profit ratio, also known as the profit margin, measures the profitability of a company by comparing its net profit to its total revenue. A net profit ratio of 0.07 means that the company 's profit is 7% of its total revenue.

7. Return on Capital Employed:

2023: -1.37

The return on capital employed (ROCE) ratio evaluates a company 's profitability in relation to its total capital employed. A negative ROCE suggests that the company is not earning enough to cover its capital costs.

1. Current Ratio (2022: 14.1):

The current ratio measures a company 's ability to cover its short-term liabilities with its short-term assets. A current ratio of 14.1 means that for every unit of current liability, the company has 14.1 units of current assets available. This suggests a very strong liquidity position in 2022, indicating that the company has a significant buffer to meet its short-term obligations.

2. Debt – Equity Ratio (2022: 9.89):

The debt-equity ratio compares the proportion of a company 's financing that comes from debt and equity. In 2022, the debt-equity ratio is 9.89, indicating that for every 1 unit of equity, the company has 9.89 units of debt. A lower debt-equity ratio is generally considered less risky, as it suggests that the company relies more on equity financing.

3. Return on Equity Ratio (2022: -0.81):

The return on equity (ROE) ratio measures a company 's profitability in relation to shareholders ' equity. In 2022, the ROE is -0.81, which indicates that the company had a negative return on equity. This means the company 's net income wasn 't sufficient to cover the cost of equity. It 's a concerning sign of poor profitability.

4. Inventory Turnover Ratio (Not provided for 2022):

The inventory turnover ratio measures how efficiently a company manages its inventory. Without data for 2022, it 's unclear how many times the company 's inventory turned over during the year.

5. Net Capital Turnover Ratio (Not provided for 2022):

The net capital turnover ratio assesses how efficiently a company uses its capital to generate revenue. Without data for 2022, we cannot evaluate the company 's capital efficiency in that year.

6. Net Profit Ratio (Not provided for 2022):

The net profit ratio (profit margin) measures the profitability of a company by comparing its net profit to total revenue. Without data for 2022, we don 't know the profitability margin for that year.

7. Return on Capital Employed (2022: -1.37):

The return on capital employed (ROCE) ratio evaluates a company 's profitability in relation to its total capital employed. In 2022, the ROCE is -1.37, indicating a negative return on capital employed. This means that the company was not earning enough to cover its capital costs in 2022.

Please note that having a negative return on equity, return on capital employed, and a high debt-equity ratio in both years raises concerns about the company 's financial performance and leverage. Additionally, the inventory turnover and net capital turnover ratios in 2023 provide insights into the company 's operational efficiency and capital utilization. Further analysis and context would be needed to fully assess the financial health and performance of DD Ventures Limited.