Essel Mining & Industries Annual Report and Financials

Essel Mining & Industries Balance Sheet (In Rs. Crore)

Essel Mining & Industries Profit & Loss Statement (In Rs. Crore)

Essel Mining & Industries Cash Flow Statement for the last two years (In Rs. Crore)

Summary of Essel Mining & Industries Cash Flow Statement:

1. Cash Flow from Operating Activities:

   - Net cash from operating activities was Rs. 824.29 crore in the year ending March 31, 2022, and Rs. 1,772.94 crore in the year ending March 31, 2021.

   - Net profit before tax and extraordinary items was Rs. 1,563.63 crore in the year ending March 31, 2022, and Rs. 2,320.05 crore in the year ending March 31, 2021.

   - Depreciation expenses, net interest expenses, dividends received, and other adjustments were made.

   - Cash generated from operations before working capital changes was Rs. 1,715.44 crore in the year ending March 31, 2022, and Rs. 2,316.06 crore in the year ending March 31, 2021.

   - Working capital changes, including trade and other receivables, inventories, and trade payables, contributed to the cash flow from operating activities.

2. Cash Flow from Investing Activities:

   - Net cash used in investing activities was -Rs. 1,717.55 crore in the year ending March 31, 2022, and -Rs. 2,680.01 crore in the year ending March 31, 2021.

   - Activities include the purchase of fixed assets, sale of fixed assets, purchase of investments, interest received, dividend received, and other items.

3. Cash Flow from Financing Activities:

   - Net cash used in financing activities was Rs. 915.18 crore in the year ending March 31, 2022, and Rs. 889.25 crore in the year ending March 31, 2021.

   - Activities include proceeds from the issue of shares (including share premium), proceeds from the issue of debentures, proceeds from other long-term borrowings, and repayment of long-term borrowings, interest paid, and other items.

4. Net Increase/ (Decrease) in Cash and Cash Equivalent:

   - The net increase/(decrease) in cash and cash equivalents was Rs. 21.93 crore in the year ending March 31, 2022, and -Rs. 17.82 crore in the year ending March 31, 2021.

   - Cash and cash equivalents at the end of the year were Rs. 55.08 crore in the year ending March 31, 2022, and Rs. 33.15 crore in the year ending March 31, 2021.

Funds Flow Statement of Essel Mining & Industries (In Rs. Crore)

Essel Mining & Industries Key Financial ratios

Summary of Key Financial Ratios of Essel Mining & Industries:

1. Debt-Equity Ratio:

The debt-equity ratio measures the proportion of debt and equity used to finance the company 's assets. Essel Mining & Industries has maintained a relatively low debt-equity ratio over the two years, indicating a conservative approach to financing its operations. In 2022, the ratio stands at 0.14, down from 0.16 in 2021.

2. Long-Term Debt-Equity Ratio:

This ratio focuses on long-term debt in relation to equity. Similar to the debt-equity ratio, Essel Mining & Industries has maintained a low long-term debt-equity ratio over the two years.

3. Current Ratio:

The current ratio measures the company 's ability to meet its short-term obligations. Essel Mining & Industries has shown a slight decrease in the current ratio from 1.61 in 2021 to 1.18 in 2022. However, the company still has sufficient current assets to cover its short-term liabilities, indicating a satisfactory liquidity position.

4. Turnover Ratios:

- Fixed Assets Turnover Ratio: The fixed assets turnover ratio indicates how efficiently the company generates revenue from its fixed assets. Essel Mining & Industries has maintained a relatively stable ratio over the two years, indicating consistent revenue generation from its fixed asset base.

- Inventory Turnover Ratio: The inventory turnover ratio reflects how efficiently the company manages its inventory. Essel Mining & Industries has a high inventory turnover ratio, indicating effective inventory management and potentially reduced carrying costs.

- Debtors Turnover Ratio: The debtors turnover ratio reflects the efficiency of the company in collecting cash from debtors. Essel Mining & Industries has demonstrated improvement in this area, with the ratio increasing from 12.24 in 2021 to 14.6 in 2022. This indicates better credit management and collection efficiency.

- Total Asset Turnover Ratio: The total asset turnover ratio measures the company 's ability to generate revenue from its total assets. Essel Mining & Industries has shown a decrease in this ratio, indicating a potential decline in revenue generation relative to its asset base.

5. Interest Cover Ratio:

The interest cover ratio evaluates the company 's ability to cover its interest expenses with its operating profit. Essel Mining & Industries has maintained a reasonable interest cover ratio, indicating that the company is generating sufficient operating profit to cover its interest costs.

6. Profitability Ratios:

The profitability ratios for Essel Mining & Industries indicate a positive trend.

- PBIDTM (%): The PBIDTM (Profit Before Interest, Depreciation, and Tax Margin) has shown a slight decrease from 53.8% in 2021 to 42.3% in 2022. However, the company still maintains a high level of operational profitability.

- PBITM (%): The PBITM (Profit Before Interest and Tax Margin) has also shown a decrease from 51.21% in 2021 to 39.41% in 2022.

- PBDTM (%): The PBDTM (Profit Before Depreciation and Tax Margin) has decreased from 47.78% in 2021 to 35.5% in 2022.

7. Return Ratios:

Both the Return on Capital Employed (ROCE) and the Return on Net Worth (RONW) have shown a slight decrease over the two years.

- ROCE (%): The ROCE has decreased from 9.75% in 2021 to 5.69% in 2022.

- RONW (%): The RONW has also decreased from 6.73% in 2021 to 4.05% in 2022.

Overall, the financial ratios of Essel Mining & Industries indicate a conservative financial approach and satisfactory liquidity position. The company has shown effective inventory management and improved credit management.

Essel Mining & Industries Share Dividend History