| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Laffan Software Limited |
|
Particulars |
3/31/2024 |
3/31/2023 |
|
Non-Current Asstes |
|
|
|
Investments |
374.07 |
369.62 |
|
Other non-current assets |
0.77 |
1.02 |
|
Current Assets |
|
|
|
Inventories |
1,828.12 |
1,828.12 |
|
Trade Receivables |
4.40 |
4.40 |
|
Cash and cash Equivalents |
10.81 |
12.29 |
|
Other current assets |
51.90 |
51.90 |
|
Total Assets |
2,270.07 |
2,267.35 |
|
Equity |
|
|
|
Equity Share capital |
1,522.17 |
1,522.17 |
|
Other Equity |
747.49 |
745.11 |
|
Non-Financial Liabilities |
|
|
|
Other Liabilities |
0.41 |
0.08 |
|
Total Equity & Liabilities |
2,270.07 |
2,267.35 |
|
Particulars |
3/31/2024 |
3/31/2023 |
|
Income |
|
|
|
Revenue from Operations |
- |
10.99 |
|
Other Income |
6.89 |
5.12 |
|
Total Income |
6.89 |
16.11 |
|
Expenses |
|
|
|
Changes in inventories of finished goods |
- |
10.96 |
|
Employee benefits expense |
3.57 |
3.59 |
|
Other Expenses |
5.38 |
5.79 |
|
Total Expenses |
8.95 |
20.33 |
|
Profit/(Loss) for the year |
-2.07 |
-4.23 |
|
Other Comprehensive Income |
|
|
|
Items that will not be reclassified to profit or loss-Actuarial (Loss)/Gain |
4.45 |
-2.12 |
|
Total Comprehensive Income for the year |
2.39 |
-6.35 |
|
Earning Per Share |
|
|
|
Basic and Diluted |
-0.01 |
0.00 |
|
Particulars |
3/31/2024 |
3/31/2023 |
|
Cash Flow from Operating Activities |
|
|
|
Net Profit/(loss) before tax |
-2.07 |
-4.23 |
|
Operating Profit before Working Capital Changes |
-2.07 |
-4.23 |
|
Adjustments for : |
|
|
|
Change in Inventory |
- |
10.96 |
|
Change in Current liabilities |
-34.00 |
-0.20 |
|
Cash Generated from Operations |
-1.73 |
6.53 |
|
Income tax refund/(paid) |
0.25 |
- |
|
Net cash generated from operating activities |
-1.48 |
6.53 |
|
Net Increase in Cash and cash equivalents |
-1.48 |
6.53 |
|
Cash and Cash Equivalents at beginning of the year |
12.29 |
5.76 |
|
Cash and Cash Equivalents as at end of the year |
10.81 |
12.29 |
Here is a summary of the Cash Flow Statement for the years 2024 and 2023:
Cash Flow from Operating Activities:
The cash flow from operating activities starts with the net profit/(loss) before tax, which shows a small loss of Rs. -2.07 lakhs in 2024, slightly better than the Rs. -4.23 lakhs loss in 2023. The negative values in both years reflect that the company has been operating at a loss before tax, indicating challenges in generating sufficient profit from core operations.
Given that the company experienced a negative operating profit before working capital changes of Rs. -2.07 lakhs in 2024, which is identical to the previous year 's figure of Rs. -4.23 lakhs, it is clear that the business has not been able to generate enough income to cover its operational expenses.
Adjustments for working capital changes show a few movements:
The change in inventory is Rs. 10.96 lakhs in 2023, which is not reported for 2024. A possible interpretation could be that inventory levels were not adjusted significantly in 2024, or inventory was managed differently, leading to no adjustment for this category in 2024.
Change in current liabilities shows a decrease of Rs. -34.00 lakhs in 2024 compared to a minimal change of Rs. -0.20 lakhs in 2023. This suggests that the company reduced its current liabilities more significantly in 2024, perhaps by paying off short-term debts or obligations. The reduction in current liabilities would lead to an outflow of cash, reflecting a decline in the company 's short-term obligations.
These adjustments result in a cash generated from operations figure of Rs. -1.73 lakhs in 2024, compared to Rs. 6.53 lakhs in 2023. The negative value in 2024 indicates that despite the adjustments, the company’s operations were not generating sufficient cash, leading to a net outflow.
The income tax refund/(paid) is a small positive amount of Rs. 0.25 lakhs in 2024, which is an improvement over 2023, where no tax payment or refund is reported. This suggests that the company either received a small refund or made a minimal payment in 2024.
After accounting for income tax changes, the net cash generated from operating activities in 2024 is Rs. -1.48 lakhs, compared to a positive Rs. 6.53 lakhs in 2023. This reflects a decline in cash inflows from operations, primarily due to the negative operating profit and the adjustments in working capital, especially the decrease in current liabilities.
Cash and Cash Equivalents:
The net increase in cash and cash equivalents was negative in 2024 at Rs. -1.48 lakhs, which represents a reduction in the company’s cash position. This decline is due to the negative cash flow from operations, indicating that the company did not generate enough cash from its core business activities.
|
Particulars |
2024 |
2023 |
|
Current Ratio |
4622.51 |
25289.48 |
|
Net Capital turnover ratio |
- |
0.01 |
|
Net Profit ratio |
-0.3 |
-0.28 |
|
Return on Capital employed |
5.04 |
56.52 |
Here is a summary of the financial and operational metrics for Laffan Software for the year 2024 and 2023:
The current ratio is a measure of a company 's ability to meet its short-term liabilities with its short-term assets. In 2024, the current ratio stands at 4622.51, a significant decrease from 25289.48 in 2023.
The net capital turnover ratio measures how effectively a company utilizes its capital to generate sales. In 2024, this ratio is not available or reported (indicated by a "-"), while in 2023, it is 0.01.
The net profit ratio reflects the percentage of revenue that turns into net profit, showing the efficiency of a company in converting sales into actual profit. In 2024, the net profit ratio is -0.3, compared to -0.28 in 2023.
The return on capital employed (ROCE) measures how effectively a company uses its capital to generate profit. In 2024, the ROCE is 5.04, a sharp decline from 56.52 in 2023.
