Desi Tea Time Limited Annual Reports, Balance Sheet and Financials

Desi Tea Time Limited Balance Sheet (Rs In lakhs)

Desi Tea Time Limited Profit& Loss Statement (Rs In lakhs)

Desi Tea Time Limited Consolidated Cash Flow Statement (Rs In lakhs)

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

Cash Flow from Operating Activities:

1. Net Profit After Tax & Extraordinary Items:

  In 2023, the net profit after tax and extraordinary items is Rs. 12,217.24 million, compared to Rs. 11,939.09 million in 2022.

2. Adjustments for Deferred Tax and Depreciation:

    Deferred tax adjustments increased from Rs. 319.06 million in 2022 to Rs. 692.3 million in 2023.

    Depreciation adjustments significantly rose from Rs. 3,682.71 million in 2022 to Rs. 6,460.99 million in 2023.

3. Operating Profit Before Working Capital Changes:

   The operating profit before working capital changes increased from Rs. 15,940.86 million in 2022 to Rs. 19,370.53 million in 2023.

4. Adjustments for Changes in Working Capital:

    Various adjustments include changes in other non-current assets, other current assets, trade receivables, short-term loans and advances, trade payables, other current liabilities, short-term provisions, and inventories.

5. Net Cash from Operating Activities:

    The net cash from operating activities saw a significant increase, reaching Rs. 28,302.34 million in 2023 from Rs. 1,678.20 million in 2022.

Cash Flow from Financing Activities:

1. Increase in Share Capital and Securities Premium:

    There was no increase in share capital and securities premium in 2023, while in 2022, there was an increase of Rs. 1,83,846.15 million and Rs. 46,153.85 million, respectively.

2. Increase in Borrowings:

    Borrowings increased substantially from Rs. 10,886.47 million in 2022 to Rs. 42,664.58 million in 2023.

3. Net Cash from Financing Activities

    The net cash from financing activities was Rs. 42,664.58 million in 2023, compared to Rs. 2,19,113.53 million in 2022.

Net Increase/Decrease in Cash and Cash Equivalents

1. Opening Cash and Bank Balances

   The opening cash and bank balances increased from Rs. 97.75 million and Rs. 3,099.99 million in 2022 to Rs. 476.96 million and Rs. 27,669.30 million in 2023.

2. Closing Cash and Bank Balances:

    The closing cash and bank balances for 2023 were Rs. 9,574.09 million and Rs. 2,297.55 million, respectively, compared to Rs. 475.96 million and Rs. 27,769.30 million in 2022.

This detailed breakdown provides a comprehensive understanding of the company 's cash flow activities, highlighting changes in operating activities, financing activities, and the overall net increase/decrease in cash and cash equivalents over the specified years.

Bellow are the Financial Ratios

Certainly, let 's break down and explain the financial particulars for the year 2022 point by point:

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

   The EBITDA margin for 2022 is 54.28%. This percentage represents the company 's operating profitability before accounting for non-operating expenses, indicating that 54.28% of the revenue generated is available to cover operating costs.

2. Net worth:

    The net worth of the company is 2,119.34%. This percentage represents the company 's equity in relation to its total assets. A net worth percentage over 100% indicates that the company has more equity than total assets, reflecting a strong financial position.

3. Debt/Equity Ratio:

    The debt/equity ratio is 0.17, suggesting a relatively low level of financial leverage. This ratio indicates that the company relies less on debt financing and more on equity, which can be considered a conservative financial approach.

4. Return on Equity (ROE)

   - The Return on Equity is 4.71%, indicating the company 's ability to generate profit from its shareholders ' equity. This percentage reflects a moderate return on the investment made by the shareholders.

5. Total Assets:

   Total assets for the year 2022 amount to 370.31% of the net worth. This high percentage signifies that the company has a substantial asset base relative to its equity, contributing to a strong financial position.

6. Fixed Assets:

   Fixed assets constitute 37.51% of the total assets. This percentage represents the portion of assets that are long-term and non-current, such as property, plant, and equipment.

7. Current Assets:

   Current assets make up 78.91% of the total assets, indicating a significant portion of the assets are short-term in nature. Current assets include items like cash, receivables, and inventory.

8. Current Liabilities:

    Current liabilities constitute 98.46% of the total liabilities. This high percentage indicates that most of the company 's liabilities are short-term obligations, such as payables and short-term debt.

9. Trade Receivables:

   Trade receivables represent 41.36% of the total assets. This percentage reflects the portion of assets tied up in outstanding receivables from customers.

10. Trade Payables:

    Trade payables make up 29.02% of the total liabilities. This percentage indicates the proportion of the company 's liabilities associated with outstanding payables to suppliers.

11. Current Ratio:

    The current ratio is 1.95, calculated as current assets divided by current liabilities. This ratio suggests the company has more than enough short-term assets to cover its short-term liabilities, indicating a healthy liquidity position.