Jhaveri Flexo India Annual Report, Balance Sheet & Financials

Jhaveri Flexo India Private Limited Balance Sheet (Rs in Lakhs)

 Jhaveri Flexo India Private Limited Profit & Loss Statement (Rs inLakhs)

 Jhaveri Flexo India Private Limited Consolidated Cash Flow Statement (Rs in Lakhs)

Here is a summary of the Cash Flow Statement for the year 2024:

Cash Flow from Operating Activities: The Company generated a net cash inflow of ₹3,155.23 lakhs from its core operations. The operating profit before working capital adjustments stood at ₹4,608.20 lakhs, driven by a net profit before tax of ₹3,401.57 lakhs and non-cash adjustments like depreciation (₹889.27 lakhs) and interest expenses (₹322.27 lakhs). Changes in working capital affected this figure, including increases in trade receivables (₹473.77 lakhs) and trade payables (₹632.03 lakhs), but there was a significant outflow related to long-term advances and other non-current assets (-₹1,604.33 lakhs). After accounting for taxes paid (-₹837.79 lakhs), the operating activities remained strong.

Cash Flow from Investing Activities: The company experienced a net cash outflow of ₹903.28 lakhs in investing activities. The major outflow came from the purchase of property, plant, and equipment (-₹998.41 lakhs), indicating investments in long-term assets. However, there were small inflows from the sale of fixed assets (₹95.18 lakhs), which helped to partially offset the expenditure.

Cash Flow from Financing Activities: The financing activities resulted in a net outflow of ₹1,489.61 lakhs. This was due to significant repayments of working capital borrowings (-₹1,056.52 lakhs) and loans from directors/relatives (-₹579.05 lakhs). Although there was some inflow from long-term borrowings (₹450.45 lakhs), the company also paid interest of ₹304.49 lakhs, contributing to the overall negative cash flow in this section.

 Financial Ratios of Jhaveri Flexo India Private Limited

Here is a summary of the financial and operational metrics for Jhaveri Flexo Limited for the year 2024 & 2023:

Current Ratio (2024: 1.84, 2023: 1.61): The current ratio measures the company 's ability to meet its short-term liabilities with its short-term assets. An increase from 1.61 to 1.84 indicates a stronger liquidity position in 2024, meaning the company is better equipped to cover its current obligations.

Debt-Equity Ratio (2024: 0.3, 2023: 0.46): This ratio highlights the proportion of debt to equity. The decrease from 0.46 to 0.3 suggests the company has reduced its reliance on debt financing in 2024, opting for a more conservative financial structure with lower leverage, which reduces financial risk.

Debt Service Coverage Ratio (2024: 14.5, 2023: 5.05): This ratio indicates the company’s ability to service its debt with its earnings. A sharp increase from 5.05 to 14.5 in 2024 reflects a much stronger ability to cover debt payments, possibly due to improved profits or reduced debt obligations.

Return on Equity (ROE) (2024: 18.45%, 2023: 9.76%): ROE measures the return generated on shareholders ' equity. The rise from 9.76% to 18.45% signifies a significant improvement in profitability, showing that the company has been more efficient in generating returns for its shareholders in 2024.

Inventory Turnover Ratio (2024: 10.2, 2023: 11.85): This ratio shows how many times inventory was sold and replaced during the year. A decrease from 11.85 to 10.2 suggests that the company’s inventory is moving more slowly in 2024 compared to 2023, which could indicate reduced sales velocity or excess inventory buildup.

Trade Receivables Turnover Ratio (2024: 4.55, 2023: 5.86): This ratio reflects how efficiently the company collects receivables. A decline from 5.86 to 4.55 suggests the company is taking longer to collect payments from its customers in 2024, which could impact cash flow.

Trade Payables Turnover Ratio (2024: 7.95, 2023: 9.36): This measures how quickly the company pays its suppliers. The decrease from 9.36 to 7.95 indicates that the company is taking longer to settle its payables in 2024, which may help conserve cash but could strain supplier relationships.

Net Capital Turnover Ratio (2024: 5.93, 2023: 8.37): This ratio measures how efficiently the company uses its working capital to generate sales. A drop from 8.37 to 5.93 suggests a decline in the efficiency of capital utilization, meaning the company needs more capital to generate each unit of sales in 2024.

Net Profit Ratio (2024: 6.20%, 2023: 2.53%): This ratio shows the percentage of net profit relative to revenue. The increase from 2.53% to 6.20% is a significant improvement in profitability, indicating that the company is managing its costs better or achieving higher margins on its sales in 2024.

Return on Capital Employed (ROCE) (2024: 17.74%, 2023: 9.49%): ROCE measures the efficiency of capital utilization. The improvement from 9.49% to 17.74% reflects better use of the company’s capital to generate profits in 2024, highlighting a more productive use of resources.

Return on Investment (ROI) (2024: 5.64%, 2023: 5.57%): This ratio indicates the return earned on investments. The slight increase from 5.57% to 5.64% shows a marginal improvement in the profitability of the company’s investments in 2024, reflecting stability in its investment returns

Dividend:

The Company has not declared or paid any dividend for the financial year ended on March 31, 2024.