DEYS Medical Ltd Annual Reports, Balance Sheet and Financials

DEYS Medical Stores Manufacturing Limited Balance Sheet (Rs in Thousands)

DEYS Medical Stores Manufacturing Limited Profit& Loss Statement (Rs in Thousands)

DEYS Medical Stores Manufacturing Limited Consolidated Cash Flow Statement (Rs in Thousands)

Certainly, here is a summary of the Cash Flow Statement for the years 2019 and 2020:

Cash Flow from Operating Activities:

1. Net Profit before tax & Extraordinary items: In 2020, the net profit before tax and extraordinary items was 94,222 rupees, slightly lower than the 98,968 rupees in 2019.

2. Adjustments:

   Depreciation: The depreciation in 2020 was 6,217 rupees, compared to 6,528 rupees in 2019.

   Interest Income and Finance Costs: Interest income increased from 10,198 to 15,169 rupees, while finance costs rose from 1,075 to 1,568 rupees in 2020.

3. Operating Profit before Working Capital Changes: The operating profit before working capital changes decreased from 96,373 to 86,838 rupees in 2020.

4. Working Capital Changes:

   Decrease/(Increase) in Trade & Other Receivables: Trade and other receivables decreased by 7,943 rupees in 2020, compared to an increase of 19,421 rupees in 2019.

   Decrease/(Increase) in Inventories: Inventories increased by 11,105 rupees in 2020, while in 2019, there was an increase of 3,774 rupees.

   (Decrease)/Increase in Trade and other payables: Trade and other payables increased by 1,892 rupees in 2020, compared to an increase of 17,074 rupees in 2019.

5. Cash generated from operation: The cash generated from operations was 65,898 rupees in 2020, down from 90,252 rupees in 2019.

6. Income Tax Paid: The net income tax paid (net of refunds) increased from 16,740 rupees in 2019 to 28,322 rupees in 2020.

7. Net Cash from Operating Activities: The net cash from operating activities was 37,576 rupees in 2020, lower than the 73,512 rupees in 2019.

Cash Flow from Investing Activities:

1. Purchase of Fixed Assets: The Company invested 13,527 rupees in fixed assets in 2020, significantly higher than the 2,445 rupees in 2019.

2. Interest Income: Interest income from investing activities was 15,169 rupees in both years.

3. Net Cash used in Investing Activities: The net cash used in investing activities was 1,642 rupees in 2020, compared to 7,753 rupees in 2019.

Cash Flow from Financing Activities:

1. Long-term Loans & Advances Availed/(Paid) (Net): The net amount of long-term loans and advances availed or paid was 17,276 rupees in 2020 and 67,170 rupees in 2019.

2. Finance Cost: Finance costs increased from 1,075 rupees in 2019 to 1,568 rupees in 2020.

3. Dividend Paid: Dividend payments increased from 851 rupees in 2019 to 1,277 rupees in 2020.

4. Tax on Dividend: The tax on dividends increased from 175 rupees in 2019 to 262 rupees in 2020.

5. Net Cash used in Financing Activities: The net cash used in financing activities was 20,383 rupees in 2020, compared to 69,271 rupees in 2019.

Net Increase/ (Decrease) in Cash & Cash Equivalents:

1. Net Increase/ (Decrease) in Cash & Equivalents: The net increase in cash and equivalents was 18,835 rupees in 2020, higher than the 11,994 rupees in 2019.

Cash & Cash Equivalents at the Beginning and Closing of the Year:

1. Cash & Cash Equivalents at the Beginning of the Year: The cash and cash equivalents at the beginning of the year were 114,252 rupees in 2020 and 102,258 rupees in 2019.

2. Cash & Cash Equivalents at the Closing of the Year: The cash and cash equivalents at the closing of the year increased to 133,087 rupees in 2020, compared to 114,252 rupees in 2019.

Below are the Financial Ratios

Certainly! Let 's delve into the financial particulars for the year 2017 and provide a detailed explanation point-wise:

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

   Percentage: The EBITDA margin is 33.13%, indicating that 33.13% of the revenue is converted into EBITDA. This margin is a measure of operational profitability.

2. Net worth:

   Percentage: Net worth represents 14.64% of the company 's total equity and is a measure of the company 's overall financial health. A higher net worth percentage implies a more robust financial position.

3. Debt/Equity Ratio:

   Ratio: The Debt/Equity ratio is 0.15, suggesting that the company is financed with a low level of debt compared to equity. This implies a lower financial risk and indicates a conservative financial structure.

4. Return on Equity (ROE):

   Percentage: The Return on Equity is 13.23%, indicating that the company generates a return of 13.23% on shareholders ' equity. This metric reflects the efficiency of using equity to generate profits.

5. Total Assets:

   Percentage: Total assets have grown by 4.89%, showcasing an increase in the company 's overall asset base. This growth could be attributed to various factors such as investments, acquisitions, or organic expansion.

6. Fixed Assets:

   Percentage: Fixed assets show a decline of -8.49%, suggesting a reduction in long-term assets. This could be due to asset sales, depreciation, or a shift in the company 's investment strategy.

7. Current Assets:

   Percentage: Current assets have increased by 13.90%, indicating higher liquidity or short-term assets. This may positively impact the company 's ability to meet its short-term obligations.

8. Current Liabilities:

   Percentage: Current liabilities have decreased by -2.84%, suggesting a potential improvement in the company 's ability to meet its short-term obligations. However, a thorough analysis of the components of current liabilities is needed for a comprehensive understanding.

9. Trade Receivables:

   Percentage: Trade receivables have increased by 7.38%, which could impact cash flow and liquidity. It 's important to monitor and manage receivables to ensure timely cash collection.

10. Trade Payables:

    Percentage: Trade payables have decreased by -8.16%, potentially impacting the company 's relationships with suppliers. Careful management of payables is crucial for maintaining good vendor relationships.

11. Current Ratio:

    Ratio: The current ratio is 4.62, indicating a healthy liquidity position. A ratio above 1 suggests the company has more short-term assets than short-term liabilities, reflecting a strong ability to cover its immediate obligations.