J K Urbanscapes Developers Annual Report & Financials

J K Urbanscapes Developers Limited Balance Sheet (Rs in Lakhs)

J K Urbanscapes Developers Limited Profit & Loss Statement (Rs in Lakhs)

J K Urbanscapes Developers Limited Consolidated Cash Flow Statement (Rs in Lakhs)

Here is a summary of the Cash Flow Statement for the years 2024 and 2023:

Cash Flow from Operating Activities

Profit/(Loss) Before Tax Including Loss from Discontinued Operations:

2024: −15.53-15.53−15.53 lakhs

2023: 5,298.41 lakhs

There was a substantial decline from a significant profit in 2023 to a loss in 2024.

Adjustments:

Fair Value Gain on Current Investments:

2024: −0.01-0.01−0.01 lakhs

2023: No gain

Minimal fair value gain in 2024 compared to no gain in 2023.

Loss of Associate:

2024: 56.64 lakhs

2023: 2.78 lakhs

The loss from associates increased significantly in 2024.

Provision No Longer Required Written Back:

2024: −95.56-95.56−95.56 lakhs

2023: No provision written back

A provision was reversed in 2024, contributing positively to the cash flow.

Provision for Doubtful Interest on EWS LIG:

2024: 68.95 lakhs

2023: No provision

New provision for doubtful interest in 2024.

Sundry Balances Written Off:

2024: 10.79 lakhs

2023: No write-offs

Sundry balances were written off in 2024.

Depreciation and Amortisation:

2024: 178.73 lakhs

2023: 155.18 lakhs

Increase in depreciation and amortisation expenses.

Finance Cost:

2024: 215.61 lakhs

2023: 180.87 lakhs

Higher finance costs in 2024.

Assets Written Off:

2024: 0.33 lakhs

2023: No write-offs

Minor write-off of assets.

Profit/(Loss) on Sale of Investment Property:

2024: No profit/loss

2023: −33.73-33.73−33.73 lakhs

No transaction related to investment property in 2024.

Profit/(Loss) on Sale of Property, Plant & Equipment (Net):

2024: −16.87-16.87−16.87 lakhs

2023: No profit/loss

Loss incurred on the sale of property, plant, and equipment in 2024.

Profit/(Loss) on Sale of Investments (Net):

2024: −53.71-53.71−53.71 lakhs

2023: No profit/loss

Loss on the sale of investments in 2024.

Dividend Income:

2024: −1.66-1.66−1.66 lakhs

2023: −0.83-0.83−0.83 lakhs

Increased dividend income in 2024.

Interest Income:

2024: −597.33-597.33−597.33 lakhs

2023: −429.35-429.35−429.35 lakhs

Higher interest income in 2024.

Operating Profit Before Working Capital Changes:

2024: −249.62-249.62−249.62 lakhs

2023: 5,173.33 lakhs

The operating profit decreased dramatically, turning negative in 2024.

Working Capital Adjustments:

(Increase)/Decrease in Inventories:

2024: −704.10-704.10−704.10 lakhs

2023: 624.43 lakhs

Significant increase in inventories in 2024.

(Increase)/Decrease in Trade Receivables:

2024: 60.50 lakhs

2023: −43.88-43.88−43.88 lakhs

Increase in trade receivables in 2024.

(Increase)/Decrease in Other Financial Assets:

2024: −381.80-381.80−381.80 lakhs

2023: 265.41 lakhs

Decrease in other financial assets in 2024.

(Increase)/Decrease in Other Assets:

2024: 153.89 lakhs

2023: 395.90 lakhs

Decrease in other assets in 2024.

Increase/(Decrease) in Trade Payables:

2024: 350.66 lakhs

2023: −752.02-752.02−752.02 lakhs

Decrease in trade payables in 2024.

Increase/(Decrease) in Other Financial Liabilities:

2024: −82.26-82.26−82.26 lakhs

2023: 1,130.60 lakhs

Significant decrease in other financial liabilities in 2024.

Increase/(Decrease) in Other Liabilities:

2024: −1,238.89-1,238.89−1,238.89 lakhs

2023: 92.20 lakhs

Decrease in other liabilities in 2024.

Increase/(Decrease) in Provisions:

2024: 24.52 lakhs

2023: 11.26 lakhs

Increase in provisions in 2024.

Net Cash Flow from Operations:

2024: −2,067.10-2,067.10−2,067.10 lakhs

2023: 6,897.23 lakhs

Net cash flow from operations decreased significantly, resulting in a negative cash flow in 2024.

Income Tax (Paid)/Refunded (Net):

2024: −308.21-308.21−308.21 lakhs

2023: −722.51-722.51−722.51 lakhs

Lower tax paid/refunded in 2024 compared to 2023.

Net Cash from/(used in) Operating Activities:

2024: −2,375.31-2,375.31−2,375.31 lakhs

2023: 6,174.72 lakhs

Negative cash flow from operating activities in 2024.

Cash Flow from Investing Activities

Investment in Term Deposits with Bank (Net):

2024: −1,325.27-1,325.27−1,325.27 lakhs

2023: −1,039.97-1,039.97−1,039.97 lakhs

Increased investment in term deposits in 2024.

Investments in Deposits with NBFC (Net):

2024: No investment

2023: 258.96 lakhs

No investments in NBFC in 2024.

Purchase of Property, Plant & Equipment, Capital Advances, and CWIP:

2024: −252.23-252.23−252.23 lakhs

2023: −199.18-199.18−199.18 lakhs

Increased expenditure on property, plant, and equipment in 2024.

Purchase of Investment Property:

2024: −1,879.25-1,879.25−1,879.25 lakhs

2023: No purchase

Significant expenditure on investment property in 2024.

Purchase of Investments:

2024: No purchase

2023: −3,700.00-3,700.00−3,700.00 lakhs

No purchases of investments in 2024.

Sale of Investments:

2024: 53.71 lakhs

2023: No sale

Proceeds from the sale of investments in 2024.

Dividend Income:

2024: 1.66 lakhs

2023: 0.83 lakhs

Higher dividend income in 2024.

Interest Income:

2024: 471.77 lakhs

2023: 387.02 lakhs

Increased interest income in 2024.

Loans Given to Related Parties:

2024: −690.00-690.00−690.00 lakhs

2023: −400.00-400.00−400.00 lakhs

Increased loans given to related parties in 2024.

Capital Advances Given:

2024: −109.66-109.66−109.66 lakhs

2023: No advances

New capital advances given in 2024.

Sale of Investment Property:

2024: No sale

2023: 33.73 lakhs

No sale of investment property in 2024.

Sale of Property, Plant & Equipment:

2024: 17.25 lakhs

2023: No sale

Proceeds from the sale of property, plant, and equipment in 2024.

Net Cash from/(used in) Investing Activities:

2024: −3,712.02-3,712.02−3,712.02 lakhs

2023: −4,658.61-4,658.61−4,658.61 lakhs

Increased cash outflow from investing activities in 2024.

Cash Flow from Financing Activities

Proceeds from Issue of Share Capital (Including Premium):

2024: 4,833.44 lakhs

2023: No proceeds

Significant proceeds from the issue of share capital in 2024.

Proceeds from Non-Current Borrowings (Including Current Maturities):

2024: 144.83 lakhs

2023: 50.52 lakhs

Increased borrowings in 2024.

Repayment of Non-Current Borrowings (Including Current Maturities):

2024: −18.51-18.51−18.51 lakhs

2023: −7.73-7.73−7.73 lakhs

Increased repayment of non-current borrowings in 2024.

Proceeds from Current Borrowings:

2024: 3.27 lakhs

2023: No proceeds

Proceeds from current borrowings in 2024.

Repayment of Current Borrowings:

2024: −0.52-0.52−0.52 lakhs

2023: No repayment

Minor repayment of current borrowings in 2024.

Increase in Restricted Bank Balances (Net):

2024: −186.00-186.00−186.00 lakhs

2023: No increase

Increase in restricted bank balances in 2024.

Interest Paid:

2024: −41.94-41.94−41.94 lakhs

2023: −763.38-763.38−763.38 lakhs

Decreased interest payments in 2024.

Net Cash from/(used in) Financing Activities:

2024: 4,734.57 lakhs

2023: −720.59-720.59−720.59 lakhs

Significant positive cash flow from financing activities in 2024.

Financial Ratios of J K Urbanscapes Developers Limited

 Here is a summary of the financial and operational metrics for J K Urbanscapes Developers Limited for the years 2024 and 2023:

Current Ratio: 1.67 (2024) vs. 1.5 (2023)
The current ratio has improved from 1.5 to 1.67, indicating that the company’s liquidity position has strengthened. It now has more current assets available to cover its current liabilities, which suggests the company can meet its short-term obligations more comfortably.

Debt – Equity Ratio: 0.01 (2024) vs. 0.01 (2023)
The debt-equity ratio remains constant at 0.01, showing very low leverage. The company maintains minimal debt relative to its equity, suggesting a conservative financing approach with low financial risk.

Debt Service Coverage Ratio (DSCR): 3.21 (2024) vs. 1.61 (2023)
The DSCR has improved significantly from 1.61 to 3.21. This indicates a strong ability to service debt from operating cash flows. A higher DSCR means the company is in a better position to cover its debt obligations, reducing the risk of default.

Return on Equity (ROE) Ratio: 0.03 (2024) vs. 0.45 (2023)
ROE has decreased sharply from 0.45 to 0.03. This suggests a significant decline in the company’s profitability relative to shareholder equity. The low ROE indicates inadequate returns on equity, possibly due to lower profits or a higher equity base.

Inventory Turnover Ratio: 0.44 (2024) vs. 1.55 (2023)
The inventory turnover ratio has decreased from 1.55 to 0.44. This suggests that the company is selling its inventory at a much slower rate, which could indicate overstocking, declining demand, or inefficiencies in inventory management.

Net Capital Turnover Ratio: 0.52 (2024) vs. 2.2 (2023)
The net capital turnover ratio has decreased significantly from 2.2 to 0.52. This indicates that the company is generating less revenue per unit of net capital employed, suggesting a decrease in operational efficiency or a potential investment in assets that is not yet yielding returns.

Net Profit Ratio: 0.11 (2024) vs. 0.32 (2023)
The net profit ratio has decreased from 0.32 to 0.11. This indicates a significant drop in net profitability relative to sales. The lower net profit ratio suggests that the company’s profit margins have been compressed, possibly due to increased costs or reduced sales prices.

Return on Capital Employed (ROCE): 0.01 (2024) vs. 0.38 (2023)
ROCE has declined from 0.38 to 0.01. This substantial decrease indicates that the company’s ability to generate profit from its capital employed has weakened, which could be a result of decreased operational efficiency or lower profitability.

Return on Investment (ROI): 0 (2024) vs. 0.22 (2023)
ROI has dropped from 0.22 to 0. This suggests that the company is not generating any returns from its investments in 2024. This could be due to poor performance of invested assets or unsuccessful investment strategies.

Dividend History

J K Urbanscapes Developers Limited Recent Financial Performance

Dividend per Share: The specific dividend per share figure for 2024 and 2023 is not provided. Dividend per share represents the portion of a company 's earnings that is distributed to shareholders in the form of dividends. A higher dividend per share may indicate that the company is sharing more of its profits with shareholders.

Retained Earnings: Retained earnings for 2024 amounted to Rs 5162.87 Lakhs, while in 2023, they were Rs. 4,671.09 Lakhs. Retained earnings represent the portion of a company 's profits that is reinvested in the business rather than distributed as dividends. An increase in retained earnings suggests that the company has retained more of its profits for reinvestment or future growth.

To provide a more comprehensive analysis, it would be necessary to consider additional financial metrics such as revenue, net profit, assets, liabilities, and cash flows. Additionally, an analysis of trends over multiple years and a comparison to industry benchmarks and competitors would help in assessing the company 's financial health and performance.