Ganon Products Ltd Annual Reports, Balance Sheet and Financials

Ganon Products Limited Balance Sheet (Rs In Lakhs)

Ganon Products Limited Profit & Loss Statement (Rs In Lakhs)

 Ganon Products Limited Consolidated Cash Flow Statement (Rs In Lakhs)

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

A. Cash Flow from Operating Activities:

2023:

Net Profit / (Loss) before extraordinary items and tax: Rs. 1.98

Adjustments included Finance costs of Rs. 47.34 and Interest income of -Rs. 135.23.

Operating profit / (loss) before working capital changes: -Rs. 85.91

Changes in working capital included a decrease in Trade receivables of -Rs. 18.54.

Adjustments for the increase / (decrease) in operating liabilities included an increase in Trade payables of Rs. 700.84, a decrease in Other current liabilities of -Rs. 11.11, a decrease in Short-term provisions of -Rs. 0.54, and an increase in Long-term provisions of Rs. 670.65.

Cash generated from operations amounted to Rs. 584.74.

Net income tax paid / refunds: -Rs. 0.5

Net cash flow from / (used in) operating activities: Rs. 584.24

2022:

Net Profit / (Loss) before extraordinary items and tax: Rs. 3.47

Adjustments included Finance costs of Rs. 40.02 and Interest income of -Rs. 100.05.

Operating profit / (loss) before working capital changes: -Rs. 56.56

Changes in working capital included an increase in Trade receivables of Rs. 12.5.

Adjustments for the increase / (decrease) in operating liabilities included a decrease in Other current liabilities of -Rs. 11.11, a decrease in Short-term provisions of -Rs. 0.72, and an increase in Long-term provisions of Rs. 33.91.

Cash generated from operations amounted to -Rs. 22.65.

Net income tax paid / refunds: Rs. 1

Net cash flow from / (used in) operating activities: -Rs. 23.65

B. Cash Flow from Investing Activities:

2023:

Other Advance: -Rs. 315.69

Interest received: Rs. 135.23

Other inflow (Outflow) of Cash: Rs. 0.43

Proceeds from sale of Investments: -Rs. 180.03

Net cash flow from / (used in) investing activities: -Rs. 180.03

2022:

Other Advance: -Rs. 157.66

Interest received: Rs. 100.05

Other inflow (Outflow) of Cash: -Rs. 1.2

Proceeds from sale of Investments: -Rs. 58.81

Net cash flow from / (used in) investing activities: -Rs. 58.81

C. Cash Flow from Financing Activities:

2023:

Proceeds from long-term borrowings: -Rs. 344.4

Finance cost: -Rs. 47.34

Net cash flow from / (used in) financing activities: -Rs. 391.74

2022:

No specific financing activity mentioned.

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

2023:

Net increase in cash and cash equivalents in 2023 was Rs. 12.47.

2022:

Net decrease in cash and cash equivalents in 2022 was -Rs. 8.88.

Cash and Cash Equivalents at the Beginning and End of the Year:

2023:

The year began with cash and cash equivalents of Rs. 0.55.

The year concluded with cash and cash equivalents of Rs. 13.02.

2022:

The year began with cash and cash equivalents of Rs. 9.43.

The year concluded with cash and cash equivalents of Rs. 0.55.

Bellow are the Financial Ratios

Here is a summary of the financial and operational metrics for Ganon Products Limited for the years 2023 and 2022:

2023:

1. Current Ratio:

0.12 - Indicates a relatively low ability to cover short-term obligations with current assets.

2. Debt Equity Ratio:

0.21 - Suggests a moderate level of debt in relation to equity.

3. Debt Service Coverage Ratio:

0.009 - A very low ratio, indicating potential challenges in covering debt service obligations.

4. Return on Equity Ratio:

0.001 - The company 's return on equity is very low.

5. Trade Receivables Turnover Ratio:

69 - A high ratio, indicating a quick turnover of trade receivables.

6. Trade Payables Turnover Ratio:

1.63 - A moderate turnover of trade payables.

7. Net Capital Turnover Ratio:

-1.8 - A negative ratio suggests inefficiency in utilizing capital.

8. Net Profit Ratio:

0.002 - The company 's net profit relative to revenue is very low.

9. Return on Capital Employed:

0.05 - A low but positive return on capital employed.

2022:

1. Current Ratio:

0.18 - Indicates a relatively low ability to cover short-term obligations with current assets, which decreased from the previous year.

2. Debt Equity Ratio:

0.53 - A moderate level of debt in relation to equity.

3. Debt Service Coverage Ratio:

0.006 - A very low ratio, indicating potential challenges in covering debt service obligations.

4. Return on Equity Ratio:

0.002 - The company 's return on equity is very low, but it remained consistent with the previous year.

5. Trade Receivables Turnover Ratio:

69 - The same high ratio, indicating a quick turnover of trade receivables.

6. Trade Payables Turnover Ratio:

1.63 - A moderate turnover of trade payables.

7. Net Capital Turnover Ratio:

-1.8 - A negative ratio suggests inefficiency in utilizing capital.

8. Net Profit Ratio:

0.002 - The company 's net profit relative to revenue remained very low.

9. Return on Capital Employed:

0.04 - A low but slightly improved return on capital employed compared to the previous year.