LML Limited Latest Annual Report, Balance Sheet and Financials

  LML Limited Balance Sheet (Rs in Lakhs)

  LML Limited Profit & Loss Statement (Rs in Lakhs)

  LML Limited Consolidated Cash Flow Statement (Rs in Lakhs)

Here is a summary of the Cash Flow Statement for the years 2016 and 2015:

1.    Cash Profit from Operating Activities:

Profit/(Loss) before Tax: In 2016, the company reported a loss before tax of -₹7,835.77, while in 2015, it reported a loss of -₹8,109.42.

Adjustments: Adjustments include depreciation, amortization, impairment, interest/dividend income, interest charged (net), and provisions no longer required written back. These adjustments totaled to -₹2,256.21 in 2016 and -₹2,421.67 in 2015.

Operating Profit/(Loss) before Working Capital Changes: After adjustments, the operating profit before changes in working capital was -₹2,256.21 in 2016 and -₹2,421.67 in 2015.

Changes in Working Capital: Fluctuations in trade receivables, inventories, and trade payables & other liabilities resulted in cash generated from operations of -₹688.94 in 2016 and ₹777.65 in 2015.

Taxes Paid: The company paid taxes of -₹10.75 in 2016 and -₹9.10 in 2015.

Net Cash from Operating Activities: Consequently, the net cash from operating activities was -₹678.19 in 2016 and ₹786.75 in 2015.

2.    Cash Flow from Investing Activities:

The company engaged in various investing activities, including the purchase of fixed assets, changes in capital advances, and interest/dividend received. These activities resulted in a net cash outflow of -₹0.64 in 2016 and -₹93.12 in 2015.

3.    Cash Flow from Financing Activities:

Financing activities involved proceeds from other borrowings and payment of interest. These activities resulted in a net cash outflow of -₹64.53 in 2016 and -₹60.81 in 2015.

4.    Net (Decrease)/Increase in Cash & Cash Equivalents:

The company experienced a decrease in cash and cash equivalents of -₹743.36 in 2016 and an increase of ₹632.82 in 2015.

5.    Opening and Closing Balances of Cash and Cash Equivalents:

The opening balance of cash and cash equivalents was ₹1,816.04 in 2016 and ₹1,183.22 in 2015. By the end of the year, the closing balance decreased to ₹1,072.68 in 2016 and increased to ₹1,816.04 in 2015, reflecting changes in the company 's liquidity position.

Financial Ratios of LML Limited

Here is a summary of the financial and operational metrics for LML Limited for the year 2016 & 2015:

1.    Current Ratio: The current ratio decreased from 0.18 in 2015 to 0.15 in 2016. This indicates a decline in the company 's ability to cover its short-term liabilities with its current assets. A current ratio below 1.0 suggests potential liquidity issues and difficulty in meeting short-term obligations.

2.    Quick Ratio: The quick ratio also decreased from 0.06 in 2015 to 0.05 in 2016. This further confirms the decline in liquidity. The quick ratio provides a more stringent measure of liquidity by excluding inventory from current assets. A decrease in this ratio indicates a more severe liquidity situation.

3.    Inventory Turnover Ratio: The inventory turnover ratio decreased from 2.15 in 2015 to 1.75 in 2016. This suggests that the company 's inventory turnover slowed down in 2016 compared to the previous year. A lower turnover ratio may indicate issues such as overstocking, slow sales, or inefficient inventory management.

4.    Debt to Equity Ratio: Both years report a debt to equity ratio of 0.00. This could indicate that the company has no debt or a negligible amount relative to its equity. However, it 's important to verify if this is accurate or if there are specific reasons behind the reported ratio.

5.    Return on Assets (ROA): The return on assets improved from -39.77% in 2015 to -43.14% in 2016. A negative ROA indicates that the company incurred a net loss relative to its total assets during both years. The decrease in ROA suggests a worsening performance in utilizing its assets to generate profits.

6.    Return on Capital Employed (ROCE): The return on capital employed decreased from 6.66% in 2015 to 4.75% in 2016. This indicates a decline in the company 's ability to generate returns from its capital investments. A decreasing ROCE suggests inefficiencies in capital utilization or declining profitability.

7.    Net Profit Margin: The net profit margin decreased from -39.79% in 2015 to -50.29% in 2016. A negative net profit margin indicates that the company 's expenses exceed its revenues, resulting in a net loss. The widening negative margin suggests deteriorating profitability and financial performance.