Devrup Trading Limited Annual Report, Balance Sheet and Financials

Devrup Trading Limited Balance Sheet (Rs in Hundreds)

 Devrup Trading Limited Profit & Loss Statement (Rs in Hundreds)

 Devrup Trading Limited Consolidated Cash Flow Statement (Rs in Hundreds)

Here is a summary of the Cash Flow Statement for the years 2024 and 2023:

Cash Flow from Operating Activities

Profit Before Tax: The company’s profit before tax increased from ₹17,568.37 hundreds in 2023 to ₹19,251.62 hundreds in 2024, indicating improved profitability.

Adjustments: Finance costs were relatively low, at ₹1.88 hundreds in 2024, which were added back to the profit to determine cash flow.

Working Capital Movements:

There was a substantial increase in loans and advances by ₹34,694.92 hundreds in 2024, which implies that the company either lent more to customers or provided significant advances, increasing operational cash flow.

Decrease in Sundry Debtors by ₹17,645.5 hundreds suggests improved collections from customers, which provided additional cash inflow.

Changes in current assets, provisions, and liabilities also impacted working capital. Notably, short-term provisions increased by ₹2,573.5 hundreds, adding to the cash inflow.

Net Cash Generated from Operations: After accounting for direct taxes paid, the net cash from operating activities increased significantly to ₹36,027.92 hundreds in 2024 from ₹9,951.08 hundreds in 2023. This increase reflects improved cash flow efficiency from core business operations, driven by better collections and higher profit before tax.

Cash Flow from Investing Activities

Purchases of Fixed Assets and Investments: The company made significant investments in 2024, with cash outflows of ₹901,421.39 hundreds for fixed assets and ₹218,999.42 hundreds for investments. These purchases represent substantial capital expenditures, possibly aimed at expansion, technology upgrades, or diversification.

Decrease in Other Non-Current Assets: The reduction of ₹12,160.4 hundreds in non-current assets reflects capital reallocation within the company’s long-term assets.

Net Cash Used in Investing Activities: The high capital expenditures led to a large cash outflow of ₹1,132,581.21 hundreds in 2024, compared to an inflow of ₹5,941.57 hundreds in 2023. This major outflow indicates a strategic focus on long-term growth, albeit at the cost of current cash liquidity.

Cash Flow from Financing Activities

Proceeds from Issue of Shares: The issuance of shares brought in substantial financing, with proceeds of ₹1,101,600.00 hundreds in 2024. This influx of capital significantly strengthened the company 's cash position, as it represents equity financing rather than debt.

Interest Expense: Finance costs were relatively minimal at ₹1.88 hundreds in 2024, suggesting low reliance on interest-bearing debt.

Net Cash from Financing Activities: The net cash inflow from financing activities was ₹1,101,598.12 hundreds in 2024, compared to a net outflow of ₹4,751.59 hundreds in 2023. This massive inflow from share issuance greatly offset the cash outflows from investing activities.

Net Increase in Cash and Cash Equivalents

Overall Cash Position: Despite significant investments, the company reported a net increase in cash of ₹5,044.83 hundreds in 2024, up from an increase of ₹11,141.07 hundreds in 2023. This positive cash flow is largely due to the financing received from the issuance of shares.

Beginning and End-of-Year Cash Balances: Cash and cash equivalents increased from ₹28,508.30 hundreds at the beginning of 2024 to ₹33,553.13 hundreds at year-end, reflecting a strong liquidity position after factoring in all operational, investing, and financing activities.