Efficient Industrial Annual Reports, Balance Sheet and Financials

Efficient Industrial Finance Limited Balance Sheet (Rs in Hundreds)

Efficient Industrial Finance Limited Profit & Loss Statement (Rs in Hundreds)

Efficient Industrial Finance 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

The company’s net profit before tax and extraordinary items saw a substantial increase in 2024, reaching Rs. 142,919.6 (hundreds), a significant rise from Rs. 413.03 in 2023. This increase points to stronger operating performance or a one-time gain. After accounting for provision for tax adjustments (Rs. 47,712.28 in 2024 and Rs. 145.1 in 2023), the operating profit before working capital changes remained robust at Rs. 142,919.6 in 2024 compared to Rs. 558.13 in 2023.

In working capital adjustments:

Trade and other receivables reflect a large negative adjustment (-Rs. 167,500 in 2024 compared to -Rs. 13.5 in 2023), likely due to higher receivables or delays in collections.

Trade and other payables saw a positive adjustment of Rs. 33,060.95 in 2024, a significant increase from Rs. 146.28 in 2023, indicating improved or faster payment to suppliers or creditors.

Inventories showed no adjustment in 2024, in contrast to a Rs. 3,800 increase in 2023, suggesting stable inventory management.

Other current assets adjustments were minor, at -Rs. 3,027.42 in 2024 and -Rs. 40.38 in 2023.

After these adjustments, the net cash flow from operating activities totaled Rs. 5,453.13 in 2024, a slight increase from Rs. 4,450.53 in 2023, reflecting stable cash generation from core operations.

Cash Flow from Financing Activities

In financing activities:

Loans and advances presented a net outflow of Rs. -2,302.48 in 2024, reduced from -Rs. 3,760.48 in 2023, implying a lesser reliance on or repayment of loans compared to the previous year.

Net Increase in Cash and Cash Equivalents

The company ended 2024 with a net increase in cash and cash equivalents of Rs. 3,150.65, up from Rs. 690.05 in 2023. This increase in cash reserves points to a stronger cash position due to improved operating cash flow and reduced financing outflows.