Lok Prakashan Ltd Latest Annual Report, Balance Sheet and Financials

Lok Prakashan Limited Balance Sheet (Rs in Lakhs)

 Lok Prakashan Limited Profit & Loss Statement (Rs in Lakhs)

 Lok Prakashan Limited Consolidated Cash Flow Statement (Rs in Lakhs)

Summary of the Cash Flow Statement of Lok Prakashan limited for the years 2021 and 2022:

Profit Before Tax (PBT): Despite a slight decrease in PBT compared to the previous year, the company still maintained a healthy operational profit, indicating stability in its core business operations.

Depreciation: There was a minor increase in depreciation expenses, reflecting potential investments in fixed assets during the year.

Interest and Dividend Income: The company experienced a reduction in interest and dividend income, which could be attributed to various factors such as changes in investment strategies or market conditions.

Profit on Sale of Investments and Fair Valuation Changes: There were significant decreases in both profits on the sale of investments and net gains on fair valuation, possibly indicating fluctuations in the market value of the company 's investment portfolio.

Provisions and Bad Debts: The company made provisions for doubtful debts and wrote off bad debts during the year, which might indicate efforts to clean up its balance sheet and manage credit risks.

Working Capital Changes: While there were fluctuations in various components of working capital, the overall effect resulted in a decrease, indicating potentially more efficient management of short-term assets and liabilities.

Cash Generation from Operations: Despite some challenges, the company generated a significant amount of cash from its core operations, albeit lower than the previous year.

Taxes Paid: The company paid slightly lower taxes compared to the previous year, which could be due to adjustments in tax liabilities or changes in tax regulations.

Moving on to cash flow from investing activities, the company made significant investments during the year, including purchases of property, plant, and equipment, as well as advances given and changes in non-current investments. Despite some income from dividends and rent, the overall cash outflow from investing activities was substantial, indicating a focus on long-term growth and strategic investments.

In terms of financing activities, the company repaid lease liabilities and dividends, with a slight decrease in interest paid. However, the net cash outflow from financing activities was still considerable, reflecting potential efforts to manage debt and maintain financial stability.

Financial Ratios of Lok Prakashan Limited

Summary of the financial and operational metrics for Lok Prakashan Limited for the year 2022 and 2021

Current Ratio:

March 31st, 2021: 3.94

March 31st, 2022: 5.1

The current ratio measures the Company ability to meet short-term obligations with its short-term assets. An increase from 3.94 to 5.1 indicates improved liquidity and a stronger ability to cover current liabilities with current assets.

Return on Equity (ROE):

March 31st, 2021: 5.43%

March 31st, 2022: 6.83%

ROE measures the profitability of shareholder equity. The increase from 5.43% to 6.83% suggests improved profitability in relation of shareholder investment.

Inventory Turnover Ratio:

March 31st, 2021: 2.05

March 31st, 2022: 1.32

The inventory turnover ratio indicates how efficiently inventory is managed. A decrease from 2.05 to 1.32 suggests a longer time taken to sell inventory, which may be due to various factors like changes in sales volume or inventory management practices.

Trade Receivables Turnover Ratio:

March 31st, 2021: 4.60

March 31st, 2022: 4.34

This ratio measures how efficiently the company collects its receivables. A decrease from 4.60 to 4.34 suggests a slight decrease in the speed of receivables collection.

Trade Payables Turnover Ratio:

March 31st, 2021: 5.28

March 31st, 2022: 4.01

A decrease from 5.28 to 4.01 indicates a longer period taken to pay suppliers, which may have implications for supplier relationships and cash management.

Net Capital Turnover Ratio:

March 31st, 2021: 161%

March 31st, 2022: 114.02%

This ratio measures how efficiently capital employed generates revenue. The decrease from 161% to 114.02% suggests a decrease in revenue generated per unit of capital employed, indicating potential inefficiencies in asset utilization.

Net Profit Ratio:

March 31st, 2021: 62.14%

March 31st, 2022: 77.64%

The net profit ratio indicates the proportion of revenue that translates into net profit. The increase from 62.14% to 77.64% reflects improved profitability.

Return on Capital Employed (ROCE):

March 31st, 2021: 7.59%

March 31st, 2022: 9.58%

ROCE measures the efficiency of capital utilization in generating profits. The increase from 7.59% to 9.58% indicates improved efficiency in capital utilization.

Return on Investment (ROI):

March 31st, 2021: 5.50%

March 31st, 2022: 6.95%

ROI measures the return on investment relative to the cost of investment. The increase from 5.50% to 6.95% suggests improved returns on investments made by the company.

 Dividend History of Lok Prakashan limited

Publishing Industry Overview

Publishing may be defined as the commercial dissemination of literature or information in multiple copies and with the probability of multiple formats.  Publishing is a business, and as such, it embraces the values of competition, sales, and profit. Publishers are as concerned with accounting, marketing and advertising, shipping and distribution, and inventory control as they are with their products—the intellectual, artistic, and cultural creations of the authors. The publishing business often operates under the tension of highly divergent interests. An author 's creative works or specialized knowledge may not meet the market values of profit, popularity, and standardization. The publishing market size is forecast to increase by USD 19.37 billion at a CAGR of 1.2% between 2023 and 2028.

FAQ Related to The Lok Prakashan Limited

Q.1 Is Lok Prakashan Limited listed or not?

 Lok Prakashan Limited is an unlisted public company incorporated on 21 September 1940. It is classified as a public limited company and is located in Ahmedabad, Gujarat.

 Q.2 Is Lok Prakashan Limited a private company?

 Lok Prakashan Limited is not a private company. It is an unlisted public company primarily engaged in the book publication business, offering e-books, online videos, CD-ROMs, and pen drives.

 Q.3 Is Lok Prakshan 's Limited profitable?

 Yes, the Lok Prakshan 's Limited is profitable.

 Q.4 What is the turnover of Lok Prakashan Limited?

Lok Prakashan Limited 's operating revenues range is INR 100 cr - 500 cr for the financial year ending on 31st March 2022.

 Q.5 Who is the owner of Lok Prakashan?

Bahubali Shantilal Shah Managing Director, Lok Prakashan Limited. Bahubali Shantilal Shah is the son of the Founding-Editor of Gujarat Samachar.

 Q.6 What is the share price of Lok Prakashan Limited today?

As Lok Prakashan Limited is not a listed company, its shares are not traded on the stock market, and Lok Prakashan Limited 's share price is not publicly available.

 Q.7 Why Lok Prakashan is not listed in the Stock market?

As of the last reported AGM (Annual General Meeting) in September 2022, Lok Prakashan Limited remains unlisted. Being unlisted means that the company’s shares are not traded on the stock market. Instead, it operates as a private company among shareholders and does not participate in public stock exchanges.