Gokul Rubber And Tea Plantations Limited Balance Sheet (In INR)
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Particulars
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31-03-2024
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31-03-2023
|
|
Equity and liabilities
|
|
|
|
Share capital
|
13,50,000
|
13,50,000
|
|
Reserves and surplus
|
10,62,31,170.62
|
10,37,73,180.36
|
|
Current liabilities
|
|
|
|
Short-term borrowings
|
-
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0.00
|
|
Trade payables
|
5,07,038.22
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4,96,569.37
|
|
Other current liabilities
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24,72,863.15
|
9,34,685.93
|
|
Short-term provisions
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-
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0.00
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Total equity and liabilities
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11,05,61,071.99
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10,65,54,435.66
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Assets
|
|
|
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Non-current assets
|
|
|
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Tangible assets
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3,04,78,678.16
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2,96,71,104.38
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Intangible assets
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3,087.42
|
3,087.42
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|
Tangible assets capital work-in-progress
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-
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11,81,410.81
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|
Non-current investments
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52,500.00
|
52,500
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|
Long-term loans and advances
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35,50,418.58
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44,32,430.58
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|
Other non-current assets
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1,50,257
|
1,47,323
|
|
Current assets
|
|
|
|
Current investments
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6,31,73,442.78
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6,11,88,715.14
|
|
Inventories
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64,48,260.37
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36,67,053.62
|
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Trade receivables
|
55,290.35
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6,45,967.49
|
|
Cash and bank balances
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30,42,919.38
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55,30,180.98
|
|
Short-term loans and advances
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36,06,217.95
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34,662.24
|
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Total assets
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11,05,61,071.99
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10,65,54,435.66
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Gokul Rubber And Tea Plantations Limited Profit & Loss Statement (In INR)
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Particulars
|
31-03-2024
|
31-03-2023
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|
Revenue from sale of products
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1,76,44,044.84
|
1,68,69,845.94
|
|
Other income
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19,91,700.64
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63,44,120.18
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|
Total revenue
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1,96,35,745.48
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2,32,13,966.12
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|
Expenses
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|
|
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Changes in inventories of finished goods, work-in-progress, and stock-in-trade
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-27,81,206.75
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-7,65,594.63
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Employee benefit expense
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1,09,87,209.17
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1,27,00,524.75
|
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Depreciation expense
|
4,08,216.65
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4,14,567.97
|
|
Other expenses
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75,09,779.15
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1,02,47,095.78
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|
Total expenses
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1,61,23,998.22
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2,25,96,593.87
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Total profit before tax
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35,11,747.26
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6,17,372.25
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Tax expense
|
|
|
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Current tax
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10,53,757
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6,00,000
|
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Total tax expense
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10,53,757
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6,00,000
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Total profit (loss) for period
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24,57,990.26
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17,372.25
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Earnings per equity share
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|
|
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Basic earnings per equity share
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INR 18.21
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INR 0.13
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Diluted earnings per equity share
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INR 18.21
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INR 0.13
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Gokul Rubber And Tea Plantations Limited Cash Flow Statement (In INR)
|
Particulars
|
31-03-2024
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31-03-2023
|
|
Profit before extraordinary items and tax
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35,11,747.26
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6,17,372.25
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Adjustments for reconcile profit (loss)
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|
|
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Adjustments for depreciation and amortisation expense
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4,08,217
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4,14,567
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Other adjustments for which cash effects are investing or financing cash flow
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-19,84,728
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-58,91,706
|
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Other adjustments to reconcile profit (loss)
|
254
|
-7,620
|
|
Total adjustments to profit (loss)
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-15,76,257
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-54,84,759
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Adjustments for working capital
|
|
|
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Adjustments for decrease (increase) in inventories
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-27,81,207
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-7,63,448
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Adjustments for decrease (increase) in trade receivables
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5,90,677
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5,63,811
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Adjustments for decrease (increase) in other current assets
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-35,74,743
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1,11,907
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Adjustments for increase (decrease) in trade payables
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10,469.14
|
77,727
|
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Adjustments for increase (decrease) in other current liabilities
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15,38,177
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1,49,205
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Total adjustments for working capital
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-42,16,626.86
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1,39,202
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Total adjustments for reconcile profit (loss)
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-57,92,883.86
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-53,45,557
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Net cash flows from (used in) operations
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-22,81,136.6
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-47,28,184.75
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Income taxes paid (refund)
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1,71,745
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11,04,511
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Net cash flows from (used in) operating activities
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-24,52,881.6
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-58,32,695.75
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Cash flows from used in investing activities
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|
|
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Other cash receipts from sales of equity or debt instruments of other entities
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99,41,690
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1,20,33,145
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Other cash payments to acquire equity or debt instruments of other entities
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99,41,690
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69,04,831
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Proceeds from sales of tangible assets
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0
|
1,82,203
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Purchase of tangible assets
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34,380
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1,23,008.49
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Net cash flows from (used in) investing activities
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-34,380
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51,87,508.51
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Cash flows from used in financing activities
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|
|
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Dividends paid
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0
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13,49,400
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Net cash flows from (used in) financing activities before extraordinary items
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0
|
-13,49,400
|
|
Net cash flows from (used in) financing activities
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0
|
-13,49,400
|
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Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes
|
-24,87,261.6
|
-19,94,587.24
|
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Net increase (decrease) in cash and cash equivalents
|
-24,87,261.6
|
-19,94,587.24
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Cash and cash equivalents cash flow statement at end of period
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30,42,919.38
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55,30,180.98
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Here is the summary of cashflow statement of the company for the year ended 2024 and 2023:
Profit before extraordinary items and tax
The profit before extraordinary items and tax has significantly increased from ₹6.17 lakh in 2023 to ₹35.11 lakh in 2024. This indicates a substantial improvement in the company’s operational performance, as this is the base profit before accounting for any extraordinary items or tax.
Adjustments for Reconciliation of Profit (Loss)
Depreciation and amortization expenses are non-cash charges, meaning they are deducted from profits to reflect the wear and tear on fixed assets. These adjustments are added back to profit for cash flow purposes. The depreciation amount remains almost constant year-on-year, with ₹4,08,217 in 2024 and ₹4,14,567 in 2023. Other adjustments for which cash effects are investing or financing activities have decreased from ₹58.91 lakh in 2023 to ₹19.84 lakh in 2024, suggesting improved cash management or fewer non-operating financial activities. Minor adjustments to reconcile profit also show a small change, with ₹254 in 2024 compared to ₹-7,620 in 2023.
Total Adjustments to Profit (Loss)
The total adjustments represent the sum of depreciation, amortization, and other non-cash items. The decrease in negative adjustments from ₹54.84 lakh in 2023 to ₹15.76 lakh in 2024 indicates a reduction in non-cash activities affecting the profit.
Adjustments for Working Capital Changes
These adjustments represent the changes in working capital, including inventories, trade receivables, current assets, trade payables, and current liabilities. The increase in inventories in 2024 led to a cash outflow of ₹27.81 lakh, up from ₹7.63 lakh in 2023. Conversely, trade receivables showed a positive adjustment with ₹5.90 lakh received in 2024, compared to ₹5.64 lakh in 2023. However, the increase in other current assets resulted in a larger cash outflow of ₹35.74 lakh in 2024, compared to a small positive adjustment in 2023. The increase in trade payables and other current liabilities was minimal but contributed a slight positive cash inflow, particularly from other current liabilities, which saw a large increase in 2024.
Total Adjustments for Working Capital
The total adjustments for working capital reflect a more significant cash outflow in 2024, at ₹42.16 lakh, compared to a small inflow of ₹1.39 lakh in 2023. This suggests that working capital changes in 2024 consumed more cash due to higher inventories and other asset increases.
Net Cash Flows from (Used in) Operations
Net cash used in operations decreased in 2024 compared to 2023, with a cash outflow of ₹22.81 lakh in 2024, down from ₹47.28 lakh in 2023. This indicates improved operational efficiency or reduced cash drain from core business activities.
Income Taxes Paid (Refund)
Income taxes paid were significantly lower in 2024, amounting to ₹1.71 lakh compared to ₹11.04 lakh in 2023. This reflects a reduction in tax payments or possibly a tax refund in 2024.
Net Cash Flows from (Used in) Operating Activities
The net cash flow from operating activities shows a less negative cash flow in 2024, with a cash outflow of ₹24.53 lakh compared to ₹58.33 lakh in 2023, indicating better cash management and efficiency.
Cash Flows from (Used in) Investing Activities
The cash flows from investing activities reflect both receipts and payments related to the sale and purchase of equity or debt instruments. In 2024, the cash inflow from such activities was ₹99.42 lakh, while the outflow was also ₹99.42 lakh, suggesting that the company was primarily involved in buying and selling financial instruments. There were no proceeds from the sale of tangible assets in 2024, unlike in 2023 when ₹1.82 lakh was received. The purchase of tangible assets in 2024 was ₹34,380, down from ₹1.23 lakh in 2023, indicating reduced investment in physical assets.
Net Cash Flows from (Used in) Investing Activities
The net cash flow from investing activities was a small outflow of ₹34,380 in 2024, compared to an inflow of ₹51.88 lakh in 2023. The negative cash flow suggests that the company made fewer investments in tangible assets and had a reduced volume of transactions involving financial instruments.
Cash Flows from (Used in) Financing Activities
In 2024, the company did not pay any dividends, compared to ₹13.49 lakh in 2023. This reduction in dividend payments likely reflects a shift in the company 's capital allocation or a need to conserve cash for operations or investments.
Net Cash Flows from (Used in) Financing Activities
There were no financing activities in 2024, resulting in a cash flow of ₹0, compared to a cash outflow of ₹13.49 lakh in 2023, which was due to dividend payments.
Net Increase (Decrease) in Cash and Cash Equivalents
The company experienced a larger decrease in cash and cash equivalents in 2024, with a decrease of ₹24.87 lakh compared to ₹19.95 lakh in 2023. This larger cash outflow reflects the combined impact of operating, investing, and financing activities.
Cash and Cash Equivalents at the End of the Period
Despite the outflows, the company ended the year with ₹30.43 lakh in cash and cash equivalents in 2024, which is lower than the ₹55.30 lakh at the end of 2023. This decrease indicates that while cash reserves were used during the year, the company still maintained a relatively strong cash position.
