LandMarc Leisure Corporation Ltd Annual Report and Financials

Particulars

2023

2022

I. ASSETS

(1) Non-current Assets

(a) Property, Plant and Equipment

2.08

0.65

(b) Capital Work-in-progress

114.57

400.22

(c) Financial assets

(i) Investments

0

0

(ii) Loans

(iii) Other financial assets

3,000.44

3,000.44

(e) Deferred Tax assets

1.67

1.67

(f) Other non-current assets

12.06

1.41

Total Non-current Assets

3,130.82

3,404.39

(2) Current assets

(a) Inventories

2.97

0.05

(b) Financial assets

(i) Investments

27.71

2.61

(ii) Trade receivables

14.99

2.93

(iii) Cash and cash equivalents

58.14

4.76

(iv) Bank Balances other than Cash and cash equivalent

-

-

(v) Other financial assets

976.47

986.62

(c) Other Current assets

45.1

60.35

Total Current Assets

1,125.38

1,057.32

TOTAL ASSETS

4,256.20

4,461.71

II. EQUITY AND LIABILITIES

Equity

(a) Equity share capital

8,000.00

8,000.00

(b) Other equity

-5,398.82

-5,048.35

Total Equity

2,601.18

2,951.65

Liabilities

(1) Non-current liabilities

(a) Financial liabilities

(i) Borrowings

811.09

637.59

(ii) Other financial liabilities

254

254

(b) Provisions

4.61

4.09

Total Non-current Liabilities

1,069.70

895.67

(2) Current liabilities

(a) Financial liabilities

(i) Borrowings

368.41

329.55

(ii) Trade payables

172.09

214.8

(iii) Other financial liabilities

(b) Provisions

-

-

(c) Other Current Liabilities

44.82

70.02

Total Current Liabilities

585.32

614.38

TOTAL EQUITY AND LIABILITIES

4,256.20

4,461.70

Particulars

2023

2022

Income

I. Revenue from Operations

106.69

1.13

II. Other Income

0.32

0.97

III. Finance Income

0.55

-

III. Total Revenue (I+II)

107.56

2.1

IV. Expenses

Operational Expenses

368.89

6

Change in Inventories

3.14

-

Employee benefit expenses

23.95

27.14

Finance Cost

0.43

0.88

Depreciation and amortization

0.5

0.55

Other expenses

61.11

103.91

Total Expenses (IV)

458.03

138.48

V. Profit/(Loss) before exceptional and extraordinary items and tax

-350.47

-136.38

VI. Exceptional & Extraordinary Items

-

-

VII. Profit/(Loss) before tax (III - IV)

-350.47

-136.38

VIII. Tax expense:

1. Current Tax

-

-2.6

2. Deferred Tax

-

-0.36

IX. Profit/(Loss) for the period (VII - VIII)

-350.47

-133.42

X. Other Comprehensive Income

Other Comprehensive Income for the year (X)

-

-

XI. Total Comprehensive Income for the year (IX+X)

-350.47

-133.42

XII. Earning per Equity Share

(1) Basic

-0.044

-0.017

(2) Diluted

-0.044

-0.017

PARTICULARS

2023

2022

A. CASH FLOW FROM OPERATING ACTIVITIES

Net Profit before tax & extra ordinary items

-350.47

-133.42

Adjustments for:

Depreciation

0.5

0.7

Profit/Loss on sale of Fixed Assets

-

-

Profit/Loss on Fair value of Investments

-

-

Impairment of Fixed Assets

-

-

Provision for employee benefits

0.52

1.04

Share of Loss of Investment of Investor

-

-

Sundry Balance Written back

-

-

Interest (net) & Dividend Income

0.87

1.96

-348.58

-129.72

Operating Profit before Working Capital Changes

Adjustments for:

(Increase)/Decrease in Stock-in Trade

-2.92

-

(Increase)/Decrease in Trade and Other Receivables

-12.07

2.32

(Increase)/Decrease in Loans & Advances

10.15

-

Increase/(Decrease) in Current Liabilities

-25.21

-4.88

(Increase)/Decrease in Other Current Assets and Non current Assset

4.6

37.5

Increase/(Decrease) in Trade Payable

-42.71

-8.36

(Increase)/Decrease in Miscellaneous Expenses (Assets)

-68.15

26.58

Cash Generated From Operations

-416.73

-103.14

Net Cash Inflow/(Outflow)before Extraordinary Items

-416.73

-103.14

Net Cash flow From Operating Activities (A)

-416.73

-103.14

B. Cash Flow from Investing Activities:

Purchase of Fixed Assets

-1.93

-

Sale/(Purchase) of Investments

-25.1

-7.29

Investment in Capital WIP

285.65

-45.89

Interest (net) & Dividend Income

-0.87

-1.96

Net Cash From Investment Activities (B)

257.75

-55.14

C. Cash Flow from Financing Activities:

Loan Taken During the year

38.86

-121.6

Loan Repaid During the year

173.5

216.35

Net Cash Used in Financing Activities (C)

212.35

94.75

Net Increase / (Decrease) in Cash & Cash Equivalent (A+B+C)

53.38

-63.53

Cash & Cash Equivalent as on Beinging of the year

4.76

-58.77

Cash & Cash Equivalent as on Close of the year

58.14

4.76

Ratio

2023

2022

Current ratio

1.92

1.72

Debt-equity ratio

0.45

0.33

Return on equity ratio

-0.13

-0.05

Trade receivables turnover ratio

2.98

0.03

Net capital turnover ratio

0.2

0

Net profit ratio

-3.28

-118.07

Return on capital employed

-0.1

-0.04