| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Hind Syntex Limited |
|
Particulars |
2018 |
2017 |
|
ASSETS |
|
|
|
Non- Current Assets |
|
|
|
Property, Plant and Equipment |
1611.74 |
1,677.57 |
|
Other Intangible Assets |
0.2 |
0.42 |
|
Financial Assets |
|
|
|
(i) Investments |
0.47 |
0.31 |
|
(ii) Other Financial Assets |
111.08 |
108.9 |
|
Other Non-Current Assets |
19.21 |
19.76 |
|
Total non- current assets |
1,742.70 |
1,806.96 |
|
Current Assets |
|
|
|
Inventories |
198.5 |
85.82 |
|
Financial Assets |
|
|
|
(i) Trade Receivables |
10.12 |
4.57 |
|
(ii) Cash and Cash Equivalents |
0.76 |
49.54 |
|
(iii) Other Financial Assets |
4.38 |
22.82 |
|
Current Tax Assets (Net) |
15.23 |
75.07 |
|
Other Current Assets |
240.1 |
503.42 |
|
Total current assets |
469.1 |
741.24 |
|
Total Assets |
2,211.79 |
2,548.20 |
|
EQUITY AND LIABILITIES |
|
|
|
1] Shareholder 's Funds: |
|
|
|
Share Capital |
1,272.72 |
1,272.72 |
|
Other Equity |
-852.66 |
-607.09 |
|
Total shareholder 's funds |
420.06 |
665.63 |
|
2] Non-Current Liabilities |
|
|
|
Borrowings |
- |
4.43 |
|
Provisions |
20.42 |
42.5 |
|
Total non- current liabilities |
20.42 |
46.92 |
|
3] Current Liabilities |
|
|
|
Financial Liabilities |
|
|
|
(i) Borrowings |
- |
3.75 |
|
(ii) Trade Payables |
942.79 |
372.49 |
|
(iii) Other Financial Liabilities |
178.03 |
221.43 |
|
Other Current Liabilities |
596.36 |
1,164.03 |
|
Provisions |
54.14 |
73.94 |
|
Total current liabilities |
1,771.31 |
1,835.65 |
|
Total Equity and Liabilties |
2,211.79 |
2,548.20 |
|
Particulars |
2018 |
2017 |
|
Revenue From Operations |
4,290.91 |
4056.1 |
|
Other Income |
110.37 |
29.08 |
|
Revenue from Operations (net) |
4,401.28 |
4,085.18 |
|
Expenses |
|
|
|
Purchases of Stock in Trade |
95.75 |
- |
|
Cost of Materials Consumed |
1,461.87 |
2.6 |
|
Change in Inventories of Finished Goods and Work in |
-121.64 |
16.23 |
|
Employees benefit expense |
1,412.54 |
1,732.86 |
|
Finance cost |
0.63 |
0.83 |
|
Depriciation and amortization expense |
67.68 |
68.36 |
|
Other expenses |
1,763.85 |
2,323.79 |
|
Total expenses |
4,680.67 |
4,144.68 |
|
Profit/(Loss) before exceptional items and tax |
-279.4 |
-59.5 |
|
Profit/(Loss) before tax |
-279.4 |
-59.5 |
|
Profit/(Loss) for the Year |
-279.4 |
-59.5 |
|
Other Comprehensive income |
|
|
|
Item that will not reclassified to profit or loss |
33.82 |
21.18 |
|
Other Comprehensive income for the year |
33.82 |
21.18 |
|
Total Comprehensive Income/(Loss) for the year |
-245.57 |
-38.32 |
|
Earning per Equity share for Rs 5 each |
|
|
|
Basic |
-2.2 |
-0.47 |
|
Diluted |
-2.2 |
-0.47 |
|
Particulars |
2018 |
2017 |
|
Cash flows from operating activities |
|
|
|
Net Profit/(Loss) before tax, & extraordinary items |
-279.4 |
-59.5 |
|
Adjustment for: |
|
|
|
Depreciation |
67.68 |
68.36 |
|
Liability no longer require Written back |
-10.18 |
-1.93 |
|
(Profit)/Loss on sale of Fixed assets |
-7.45 |
23.09 |
|
Interest & Finance Charges received |
-7.2 |
-7.43 |
|
Remeasurement of employment defined benefit plan |
33.82 |
21.18 |
|
Interest and Financial charges paid |
0.63 |
0.83 |
|
Operating profi before working capital changes |
-202.1 |
44.61 |
|
Adjustments for: |
|
|
|
(Increase)/ decrease in Inventories |
-112.68 |
8.67 |
|
(Increase)/ decrease in Trade and other Receivables |
274.58 |
-374.84 |
|
Increase/ (decrease) in Trade Other Payables |
-72.49 |
408.03 |
|
Income Tax (Paid)/Refund |
59.84 |
16.83 |
|
Net cash inflow from operating activities |
-52.84 |
103.3 |
|
Cash flows from investing activities |
|
|
|
Acquisition of Fixed Assets |
-34.45 |
-140.23 |
|
Purchase of Shares |
-0.16 |
-0.31 |
|
Sale of Fixed Assets |
40.27 |
52.6 |
|
Interest received |
7.2 |
7.43 |
|
Net cash outflow from investing activities |
12.86 |
-80.51 |
|
Cash flow from financing activities |
|
|
|
Increase/ (Decrease) in Secured Loan |
-8.17 |
8.17 |
|
Interest paid |
-0.63 |
-0.83 |
|
Net cash outflow from financing activities |
-8.8 |
7.34 |
|
Net cash inflow/ (outflow) during the year |
-48.78 |
30.13 |
|
Cash and cash equivalents at beginning of period |
49.54 |
19.41 |
|
Cash and cash equivalents at end of period |
0.76 |
49.54 |
Here is a summary of the Cash Flow Statement for the years 2018 and 2017:
Operating Activities:
In 2018, the company reported a Net Loss before tax and extraordinary items of -₹279.4 million, a decrease from the loss of -₹59.5 million in 2017.
2. Adjustments:
-Depreciation:
Depreciation decreased slightly from ₹68.36 million in 2017 to ₹67.68 million in 2018.
- Liability No Longer Required Written Back:
Liability no longer required written back was -₹10.18 million in 2018, compared to -₹1.93 million in 2017.
- Profit)/Loss on Sale of Fixed Assets:
- A loss of -₹7.45 million on the sale of fixed assets was recorded in 2018, while a profit of ₹23.09 million was recorded in 2017.
- Interest & Finance Charges Received:
Interest and finance charges received were -₹7.2 million in 2018, slightly lower than -₹7.43 million in 2017.
- Remeasurement of Employment Defined Benefit Plan:
Remeasurement of the employment defined benefit plan increased from ₹21.18 million in 2017 to ₹33.82 million in 2018.
- Interest and Financial Charges Paid:
Interest and financial charges paid were minimal, increasing from ₹0.83 million in 2017 to ₹0.63 million in 2018.
- Operating Profit before Working Capital Changes:
The operating profit before working capital changes decreased from ₹44.61 million in 2017 to -₹202.1 million in 2018.
3. Adjustments for Working Capital Changes:
- (Increase)/Decrease in Inventories:
There was a decrease in inventories of -₹112.68 million in 2018, compared to an increase of ₹8.67 million in 2017.
- (Increase)/Decrease in Trade and Other Receivables:
Trade and other receivables increased by ₹274.58 million in 2018, while there was a decrease of -₹374.84 million in 2017.
- Increase/(Decrease) in Trade Other Payables:
There was a decrease in trade and other payables of -₹72.49 million in 2018, compared to an increase of ₹408.03 million in 2017.
- Income Tax (Paid)/Refund:
Income tax paid/refund was ₹59.84 million in 2018, compared to ₹16.83 million in 2017.
4. Net Cash Inflow from Operating Activities:
In 2018, the net cash inflow from operating activities was -₹52.84 million, a decrease from ₹103.3 million in 2017.
Investing Activities:
5. Acquisition of Fixed Assets:
The company spent -₹34.45 million on the acquisition of fixed assets in 2018, compared to -₹140.23 million in 2017.
6. Purchase of Shares:
Nominal spending on the purchase of shares, -₹0.16 million in 2018 and -₹0.31 million in 2017.
7. Sale of Fixed Assets:
The sale of fixed assets generated ₹40.27 million in 2018, compared to ₹52.6 million in 2017.
8. Interest Received:
Interest received increased slightly from ₹7.43 million in 2017 to ₹7.2 million in 2018.
9. Net Cash Outflow from Investing Activities:
In 2018, the net cash outflow from investing activities was ₹12.86 million, a decrease from -₹80.51 million in 2017.
Financing Activities:
10. Increase/(Decrease) in Secured Loan:
There was a decrease in secured loans of -₹8.17 million in 2018, compared to an increase of ₹8.17 million in 2017.
11. Interest Paid:
Interest paid decreased from -₹0.83 million in 2017 to -₹0.63 million in 2018.
12. Net Cash Outflow from Financing Activities:
In 2018, the net cash outflow from financing activities was -₹8.8 million, compared to ₹7.34 million in 2017.
Overall Cash Position:
13. Net Decrease in Cash and Cash Equivalents:
In 2018, there was a net decrease of ₹48.78 million in cash and cash equivalents, compared to an increase of ₹30.13 million in 2017.
14. Cash and Cash Equivalents at the Beginning of the Period:
In 2018, cash and cash equivalents at the beginning of the period were ₹49.54 million, compared to ₹19.41 million in 2017.
15. Cash and Cash Equivalents at the End of the Period:
In 2018, cash and cash equivalents at the end of the period were ₹0.76 million, compared to ₹49.54 million in 2017.
