Grand Foundry Limited Balance Sheet (Amt. in Crores)

Grand Foundry Limited Profit & Loss Statement (Amt. in Crores)

Grand Foundry Limited Cash Flow Statement (Amt. in Crores)

Here is a summary of the Cash Flow Statement for the years 2023 and 2022, broken down by activity:

Cash Flow From Operating Activities:

2023: Net cash used in operating activities was ₹-4.42.

2022: Net cash generated from operating activities was ₹0.76.

Cash Flow From Investing Activities:

2023: Net cash used in investing activities was ₹0.06.

2022: Net cash used in investing activities was ₹-3.10.

Cash Flow From Financing Activities:

2023: Net cash generated from financing activities was ₹4.33.

2022: Net cash generated from financing activities was ₹2.28.

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

2023: There was a slight decrease in cash and cash equivalents by ₹-0.03.

2022: There was a decrease in cash and cash equivalents by ₹-0.06.

Cash and Cash Equivalents:

2023: Cash and cash equivalents at the end of the period were ₹-0.01.

2022: Cash and cash equivalents at the end of the period were ₹11.60.

Other Key Points:

Operating Profit Before Working Capital Changes: There was a decrease from -0.18 in 2022 to -1.11 in 2023.

Changes in Working Capital: Notable changes in trade receivables, other current financial assets, trade payables, and other current liabilities were observed in 2023.

Investing Activities: In 2023, there was minimal capital expenditure on fixed assets, and investments in shares were not recorded.

Financing Activities: There was an increase in proceeds/(repayment) of short-term borrowings in 2023 compared to 2022.

Net Increase/(Decrease) in Cash and Cash Equivalents: Despite fluctuations, there was a slight decrease in cash and cash equivalents in both years.

Grand Foundry Limited Financial Ratios

Insight of the financial ratios of Grand Foundry Limited For March 31, 2023

Current Ratio:

March 31, 2023: 0.01

March 31, 2022: 0.30

The current ratio measures the company 's ability to cover its short-term liabilities with its short-term assets. A ratio of 0.01 indicates that the company may be facing difficulties in meeting its short-term obligations with its current assets.

Debt-Equity Ratio:

March 31, 2023: 0.00

March 31, 2022: -0.50

A debt-equity ratio of 0.00 suggests that the company has no debt or a very low level of debt in relation to equity. However, it 's unusual for the ratio to be negative in the previous year. Further investigation is needed to understand this anomaly.

Return on Capital Assets (%):

March 31, 2023: -2843.44%

March 31, 2022: -26.22%

A negative return on capital assets indicates that the company is experiencing significant losses in relation to its capital assets. The drastic increase in the negative percentage from the previous year raises serious concerns.

Return on Capital Employed (%):

March 31, 2023: 9.83%

March 31, 2022: -12.69%

While the return on capital employed has improved from the previous year, the positive percentage of 9.83% may still be considered low, and the negative percentage in the previous year indicates historical difficulties in generating returns from employed capital.

Return on Equity Ratio (%):

March 31, 2023: 0.00%

March 31, 2022: 0.00%

The return on equity ratio is showing 0.00%, which may suggest that the company is not generating any return for its equity shareholders.        

Dividend History of Grand Foundry Limited