Encore Business System Limited Annual Report and Financials

Encore Business System Limited Balance Sheet (Rs)

 Encore Business System Limited Profit & Loss Statement (Rs)

 Encore Business System Limited Consolidated Cash Flow Statement (Rs)

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

Cash Flows from Operating Activities:

2023:

Profit for the year: -3,55,589

This represents the net income or profit for the year, which is a loss of 3,55,589.

Adjustments to reconcile profit and loss to net cash provided by operating activities:

Depreciation and amortization expenses: 3,55,589

These are non-cash expenses that represent the decrease in value of assets over time. In this case, the company incurred depreciation and amortization expenses of 3,55,589.

Tax expenses: 0

The company did not incur any tax expenses during the year.

Operating profit before working capital changes:  0

This suggests that the operating profit before considering changes in working capital is zero.

Net change in other liabilities and provisions: 0

There is no net change reported in other liabilities and provisions.

Cash generated from operations: 0

The specific details of cash generated from operations are not provided.

Net cash generated from operating activities: 0

The net cash generated from operating activities is also reported as zero.

Cash Flows from Investing Activities:

Proceeds from disposal of property, plant and equipment: Not provided

The information regarding proceeds from the disposal of assets is not given.

Net cash generated from investing activities: Not provided

The overall net cash generated or used in investing activities is not disclosed.

Cash Flows from Financing Activities:

Buy-back of equity shares: Not provided

Details about the buy-back of equity shares are not given.

Trade payables paid: 20,22,525

This represents the amount paid towards trade payables during the year.

Interest paid: 1,37,698

The company paid 1,37,698 in interest.

Net cash used in financing activities: -2,16,02,23

The net cash used in financing activities is reported as -2,16,02,23, indicating a net outflow of cash from financing activities.

Net Change in Cash and Cash Equivalents:

Net change in cash and cash equivalents: -2,16,02,23

This is the net change in cash and cash equivalents during the year, indicating a decrease of 2,16,02,23.

Cash and Cash Equivalents:

Cash and cash equivalents at the beginning of the year: 21,60,223

The cash and cash equivalents at the beginning of the year were 21,60,223.

Cash and cash equivalents at the end of the year: 0

The cash and cash equivalents at the end of the year are reported as zero.

Additional Information:

Notes forming part of financial statements: -3,55,589

This figure might represent additional notes or adjustments to the financial statements, with a value of -3,55,589.

Please note that certain details, such as the proceeds from the disposal of assets or the buy-back of equity shares, are not provided, making it challenging to provide a complete analysis. If you have more specific questions or if there are additional details available, feel free to ask for further clarification.

Bellow are the Financial Ratios

Here is a summary of the financial and operational metrics for Encore Business System  Limited for the years 2022:

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

EBITDA: -52.91%

The EBITDA margin is negative, indicating that the company 's earnings before certain expenses are in a deficit. A negative EBITDA margin can be a cause for concern, as it suggests challenges in generating operational profits.

2. Networth:

Networth: 6.89%

This represents the net worth as a percentage of total equity. A positive net worth percentage is generally desirable, but the specific implications depend on the industry and company.

3. Debt/Equity Ratio:

Debt/Equity Ratio: 0.34

The debt/equity ratio is 0.34, suggesting a relatively low level of debt compared to equity. A lower ratio is generally considered favorable, indicating lower financial risk.

4. Return on Equity (ROE):

Return on Equity: 6.45%

ROE measures the profitability of shareholder equity. An ROE of 6.45% indicates the company 's ability to generate profits from its shareholder investments.

5. Total Assets:

Total Assets: 7.72%

The total assets have increased by 7.72%, indicating potential growth or changes in the asset base.

6. Fixed Assets:

Fixed Assets: -38.53%

The significant negative percentage for fixed assets suggests a substantial decrease in fixed asset value. This could be due to factors like depreciation, write-offs, or asset sales.

7. Current Assets:

Current Assets: 14.87%

The increase in current assets by 14.87% may indicate improved liquidity or changes in short-term asset composition.

8. Current Liabilities:

Current Liabilities: 9.35%

The increase in current liabilities by 9.35% may suggest increased short-term obligations.

9. Trade Receivables:

Trade Receivables: -0.64%

A slight decrease in trade receivables may indicate a more efficient collection of accounts receivable.

10. Trade Payables:

Trade Payables: -20.14%

A significant decrease in trade payables may suggest changes in the company 's payment terms or management of payables.

11. Current Ratio:

Current Ratio: 2.18

A current ratio above 1 indicates that the company has more current assets than current liabilities, suggesting short-term liquidity.