Gitanjali Gems Latest Annual Report, Balance Sheet and Financials

Particulars

2017

2016

ASSETS

Particulars

Non-Current Assets

Property, Plant and Equipment

25,827.54

27,289.02

Capital Work-In-Progress

-

-

Financial Assets

i) Investments

1,01,361.05

1,02,347.14

ii)  Loans

1,235.50

1,596.47

iii) Other Non Current Financial Assets

2,885.23

4,043.07

Deferred Tax Assets [Net]

5,633.00

4,257.97

Other Non-Current Assets

859.14

865.79

1,37,801.46

1,40,399.46

Current Assets

Inventories

2,53,055.40

183566.07

Financial Assets

i) Trade Receivables

8,56,701.75

6,91,014.82

ii) Cash and Cash Equivalents

6,221.06

3,710.42

iii) Other Bank Balances

11,326.52

9,718.38

iv) Loans

23,140.67

28,690.47

v) Other Current Financial Assets

2,796.45

850.47

Current Tax Assets [Net]

3,277.12

1,770.29

Other Current Assets

8,255.40

18,713.61

11,64,774.37

9,38,034.53

Total Assets

13,02,575.83

10,78,433.99

EQUITY AND LIABILITIES

Equity

Equity Share Capital

11,861.60

10,243.77

Other Equity

3,36,668.40

3,26,956.63

3,48,530.00

3,37,200.40

Liabilities

Non-Current Liabilities

Financial Liabilities

iii) Borrowings

27,740.25

57,810.84

Provisions

648.91

480.11

Other Non-Current Liabilities

5.22

28,389.16

58,296.17

Current Liabilities

Financial Liabilities

i) Borrowings

4,99,396.67

5,00,801.12

ii)  Trade Payables

3,85,940.73

1,54,865.29

iii) Other Current Financial Liabilities

33,141.56

20,044.86

Provisions

86.09

77.65

Current Tax Liabilities [Net]

1,091.48

2,228.55

Other Current Liabilities

6,000.14

4,919.95

9,25,656.67

6,82,937.42

Total Equity and Liabilities

13,02,575.83

10,78,433.99

Particulars

2017

2016

REVENUE

Revenue From Operations

10,46,476.60

10,75,072.31

Other Income

14,650.33

6,486.99

Total Revenue

10,61,126.93

10,81,559.30

EXPENSES

Purchases of Stock in Trade and Raw Material

10,51,611.26

9,52,341.46

Changes in Inventories of Finished goods and Stock-in-Trade

-69,489.33

55,497.34

Employee Benefit Expenses

3,876.02

3,516.67

Finance Cost

47,766.87

46,352.15

Depreciation and Amortization Expenses

1,653.16

1,988.05

Other Expenses

21,792.92

17,877.14

Total Expenses

10,57,210.90

10,77,572.81

Profit before Tax

3,916.03

3,986.49

Less: Tax Expense:

Current Tax

For the year

1,135.00

1,102.20

For earlier years

154.45

8.38

Deferred Tax

-1,345.60

-1,609.76

-56.15

-499.18

Profit for the year

3,972.18

4,485.67

OTHER COMPREHENSIVE INCOME:

Items not to be reclassified to profit or loss in subsequent periods

Re-measurements of the defined benefit plans

-85.05

24.21

Equity Instruments through Other Comprehensive Income

234.29

-

Income tax relating to items that will not be reclassified to profit or loss

29.43

-8.38

Other Comprehensive Income for the year, net of Tax

178.67

15.83

Total Comprehensive Income for the year, net of Tax

4,150.85

4,501.50

Basic & Diluted Earning per Equity Share [EPS]

3.46

4.46

Particulars

2017

2016

Cash-flow From Operating Activities :

Net profit before Tax

3,916.03

3,986.49

Adjustment for :

Depreciation

1,653.16

1,988.05

Interest (net)

47,766.87

46,352.15

Bad Debts and Sundry Amount Written Off

-

2,390.53

Gratuity and Leave Encashment Provision

119.13

116.32

Gain on Mutual Funds

-21.1

10.74

Gain on Fair Valuation of Derivatives

-861.92

-583.79

Unrealised Exchange (Gain)/Loss

-160.76

147.54

Dividend Received

-7.5

-7.5

Excess / (Short) Provision

-

-8.38

Fixed Assets Written Off

-

106.57

Loss / (profit) on Sale of Shares / Investments

-

-51.68

Loss / (Profit) on sale of Fixed Assets

8.21

-

52,412.12

54,447.04

Changes in Working Capital :

(Increase)/Decrease in Inventories

-69,489.33

55,497.34

(Increase)/Decrease in Sundry Debtors

-1,80,048.67

-17,821.68

(Increase)/Decrease in Loans & Advances

12,644.66

-5,316.11

Increase/(Decrease) in Current Liabilities / Provisions

2,41,996.02

-16,393.41

5,102.68

15,966.14

Cash Generated From Operations

57,514.80

70,413.18

Income Tax Paid

-2,558.31

-1,653.30

Net Cash Flow From Operating Activities

54,956.49

68,759.88

Cash-flow From Investing Activities :

Sale of Investments (Net)

1,241.48

2,555.28

Receipt of Dividend

7.5

7.5

Purchase of Fixed Assets (Net)

-199.9

-154.92

Net Cash Flow From Investing Activities

1,049.08

2,407.86

Cash Flow From Financing Activities :

Issue of Share Warrants

7,895.41

3,232.14

Increase / (Decrease) in Bank Borrowings

3,501.62

-18,159.05

Repayment of Non Convertible Debentures

-1,296.80

-1,405.98

Repayment of External Commercial Borrowings

-10,439.47

-7,027.36

Proceeds of Term Loan

2,500.00

-

Proceeds of Unsecured Loans

-7,786.44

1,366.70

Issue / (Maturity) of Fixed Deposit Scheme

-172.85

-16.69

Dividend Paid

-593.17

-

Corporate Dividend Tax Paid

-123.5

-

Interest Paid (Net)

-46,979.74

-46,138.06

Net Cash Flow From Financing Activities

-53,494.94

-68,148.30

Net Increase/(Decrease) in cash and cash equivalents

2,510.64

3,019.44

Cash and cash equivalents at the beginning of the year

3,710.42

690.98

Cash and cash equivalents at the end of the year

6,221.06

3,710.42