| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Lok Prakashan Limited |
|
Particulars |
31-3-2023 |
31-3-2022 |
|
Equity |
|
|
|
Equity Share Capital |
15.94 |
15.94 |
|
Other Equity |
3,96,521.75 |
4,09,992.80 |
|
Non-Current Liabilities |
|
|
|
Deferred Tax Liabilities (Net) |
23,336.07 |
28,026.38 |
|
Current
Liabilities |
|
|
|
Lease Liabilities |
- |
8.55 |
|
Trade Payables |
|
|
|
Other than Micro & Small Enterprises |
2,699.43 |
3,206.86 |
|
Other Financial Liabilities |
2,547.88 |
1,600.79 |
|
Other Current Liabilities |
2,771.03 |
2,006.72 |
|
Short-term Provisions |
1,201.62 |
716.86 |
|
Total Equity
and Liabilities |
4,29,093.72 |
4,45,574.90 |
|
ASSETS |
|
|
|
Non-Current
Assets |
|
|
|
Property, Plant & Equipment |
4,955.02 |
2,637.92 |
|
Capital Work-in-Progress |
139.01 |
2,260.61 |
|
Right-of-Use Assets |
- |
6.04 |
|
Investments |
3,71,978.34 |
4,04,996.04 |
|
Other Financial Assets |
8,000.00 |
- |
|
Non-Current Tax Assets (Net) |
5,506.51 |
2,354.92 |
|
Other Non-Current Assets |
3,481.83 |
3,607.33 |
|
Current
Assets |
|
|
|
Inventories |
12,850.47 |
13,446.66 |
|
Trade Receivables |
13,504.33 |
10,299.14 |
|
Cash & Cash Equivalents |
12.58 |
247.02 |
|
Bank Balance other than Cash & Cash Equivalents |
3,004.83 |
1,646.37 |
|
Other Financial Assets |
3,920.84 |
3,631.06 |
|
Other Current Assets |
1,739.16 |
441.79 |
|
Total Assets |
4,29,093.72 |
4,45,574.90 |
|
Particulars |
31-3-2023 |
31-3-2022 |
|
Income |
|
|
|
Revenue from operations |
|
|
|
Sale of
Products |
11,615.02 |
10,322.25 |
|
Operating
Income |
34,779.78 |
25,475.85 |
|
Other
Income |
21,140.42 |
19,921.48 |
|
Total Income |
67,535.22 |
55,719.58 |
|
Expenses |
|
|
|
Cost of
materials consumed |
21,713.06 |
15,284.45 |
|
Employee
benefits expense |
2,243.78 |
1,942.84 |
|
Finance
costs |
1.38 |
1.32 |
|
Depreciation
expense |
724.99 |
288.05 |
|
Other
expenses |
7,277.94 |
9,212.36 |
|
Total Expenses |
31,961.15 |
26,729.02 |
|
Profit before tax |
35,574.07 |
28,990.56 |
|
Current
tax |
6,242.01 |
6,500.00 |
|
Excess /
(short) provision of earlier years |
(691.90) |
65.13 |
|
Deferred
tax |
860.21 |
179.27 |
|
Profit for the period |
29,163.75 |
22,246.16 |
|
Earnings per equity share |
|
|
|
Basic
Earnings Per Equity Share |
3.66 |
2.79 |
|
Diluted Earnings
Per Equity Share |
3.66 |
2.79 |
|
Nominal
Value Per Equity Share |
200 |
200 |
|
Particulars |
31-3-2023 |
31-3-2022 |
|
Cash Flow from Operating Activities |
|
|
|
Profit
before taxation |
35,574.07 |
28,990.56 |
|
Adjustments for: |
|
|
|
Depreciation |
724.99 |
288.05 |
|
Dividend
Income |
(2,716.84) |
(2,024.78) |
|
Interest
Expense |
1.38 |
1.32 |
|
Profit on
sale of investments valued at FVTPL (net) |
(8,434.83) |
(9,674.18) |
|
Net gain
on fair valuation of investments valued at FVTPL |
(8,669.24) |
(7,208.78) |
|
Allowance
for doubtful debts |
278.00 |
7.04 |
|
Bad debts
written off |
- |
(24.49) |
|
Rent
Income |
(122.74) |
(192.52) |
|
Excess
provision written back |
(7.52) |
(86.30) |
|
Operating Profit before Working
Capital Changes |
(19,653.65) |
(19,129.57) |
|
Working Capital Changes: |
|
|
|
(Increase)/decrease
in inventories |
596.19 |
3,122.90 |
|
(Increase)/decrease
in trade receivables |
(3,484.07) |
(4,840.76) |
|
(Increase)/decrease
in other current financial assets |
(8,234.28) |
97.48 |
|
(Increase)/decrease
in other current assets |
(1,297.37) |
(15.22) |
|
(Increase)/decrease
in other bank balances |
(1,358.46) |
(58.95) |
|
Increase/(decrease)
in current financial liabilities |
(249.27) |
305.83 |
|
Increase/(decrease)
in current liabilities |
764.31 |
62.94 |
|
Increase/(decrease)
in provisions |
491.38 |
678.34 |
|
Increase/(decrease)
in trade payables |
(499.91) |
710.47 |
|
Net Changes in Working Capital |
(13,271.48) |
63.03 |
|
Cash Generated from Operations |
2,648.94 |
9,924.02 |
|
Direct
taxes paid (Net of income tax refund) |
(8,701.70) |
(4,966.90) |
|
Net Cash Flow from Operating
Activities |
(6,052.76) |
4,957.12 |
|
Cash Flow from Investing Activities |
|
|
|
Purchase
of property, plant and equipment |
(915.25) |
(2,558.37) |
|
Capital
advances given |
125.50 |
424.92 |
|
(Increase)/decrease
in non-current investments |
2,455.78 |
(6,520.88) |
|
Dividend
income |
2,716.84 |
2,024.78 |
|
Rent
income |
122.74 |
24.49 |
|
Interest
income |
652.23 |
216.63 |
|
Net Cash Flow from Investing
Activities |
5,157.84 |
(6,388.43) |
|
Cash Flow from Financing Activities |
|
|
|
Principal
repayment of lease liabilities |
(9.00) |
(9.00) |
|
Payment of
final dividend |
(525.95) |
(502.05) |
|
Interest
paid |
(0.93) |
(0.10) |
|
Net Cash Flow from Financing
Activities |
(535.88) |
(511.15) |
|
Net Increase/(Decrease) in Cash
& Cash Equivalents |
(1,430.80) |
(1,942.46) |
|
Cash &
Cash Equivalents at the beginning of the period |
247.02 |
2,189.48 |
|
Cash & Cash Equivalents at the
end of the period |
(1,183.78) |
247.02 |
Here is a summary of the Cash Flow Statement for the years 2023 and 2022:
Cash Flow from Operating Activities:
The company reported a profit before taxation of Rs. 35,574.07 lakhs for the year ended March 31, 2023, compared to Rs. 28,990.56 lakhs in the previous year. After adjusting for non-cash and other operating items such as depreciation, dividend income, interest expenses, and fair value adjustments on investments, the operating profit before working capital changes stood at Rs. (19,653.65) lakhs, against Rs. (19,129.57) lakhs in the prior year. Changes in working capital resulted in a net outflow of Rs. 13,271.48 lakhs in the current year compared to a marginal inflow of Rs. 63.03 lakhs in the previous year. Consequently, cash generated from operations was Rs. 2,648.94 lakhs, which was lower than Rs. 9,924.02 lakhs in the previous year. After accounting for direct tax payments of Rs. 8,701.70 lakhs (Rs. 4,966.90 lakhs in the prior year), the net cash outflow from operating activities amounted to Rs. 6,052.76 lakhs, compared to an inflow of Rs. 4,957.12 lakhs in the previous year.Cash Flow from Investing Activities:
During the year, the company made capital expenditures amounting to Rs. 915.25 lakhs, which was lower than Rs. 2,558.37 lakhs in the previous year. Capital advances were recovered amounting to Rs. 125.50 lakhs, and there was a reduction in non-current investments amounting to Rs. 2,455.78 lakhs, compared to an increase of Rs. 6,520.88 lakhs in the previous year. Dividend income increased to Rs. 2,716.84 lakhs from Rs. 2,024.78 lakhs, while rent and interest income also contributed to cash inflows. As a result, the net cash flow from investing activities was positive at Rs. 5,157.84 lakhs, as compared to a net outflow of Rs. 6,388.43 lakhs in the previous year.Cash Flow from Financing Activities:
The company made a principal repayment of lease liabilities amounting to Rs. 9.00 lakhs, consistent with the previous year. A final dividend payment of Rs. 525.95 lakhs was made during the year, compared to Rs. 502.05 lakhs in the previous year. Interest payments were nominal at Rs. 0.93 lakhs. Overall, the net cash outflow from financing activities stood at Rs. 535.88 lakhs, compared to Rs. 511.15 lakhs in the previous year.
Net Increase/(Decrease) in Cash and Cash Equivalents:
Combining all activities, there was a net decrease in cash and cash equivalents of Rs. 1,430.80 lakhs during the year, compared to a decrease of Rs. 1,942.46 lakhs in the previous year. The cash and cash equivalents at the beginning of the year were Rs. 247.02 lakhs, leading to a closing balance of Rs. (1,183.78) lakhs as of March 31, 2023, compared to Rs. 247.02 lakhs as of March 31, 2022.
|
Particulars |
March 31, 2024 |
March 31, 2023 |
|
Return on
Equity Ratio |
7.35% |
5.43% |
|
Inventory
Turnover Ratio |
3.86 |
1.74 |
|
Trade
Receivables Turnover Ratio |
3.90 |
5.69 |
|
Trade
Payables Turnover Ratio |
7.35 |
5.29 |
|
Net
Capital Turnover Ratio |
179.74% |
161.45% |
|
Net Profit
Ratio |
62.86% |
62.14% |
|
Return on
Capital Employed (ROCE) |
9.53% |
7.59% |
|
Return on
Investment (ROI) |
5.28% |
7.25% |
Here is a summary of the financial and operational metrics for Lok
Prakashan Limited for the years 2023 and 2022:
Return on
Equity (ROE):
ROE increased from 5.43% in FY 2021-22 to 7.35% in FY 2022-23, indicating improved profitability relative to shareholders ' equity, reflecting better utilization of equity capital.
Inventory
Turnover Ratio:
The Inventory Turnover Ratio rose significantly from 1.74 times to 3.86 times, suggesting improved efficiency in inventory management and faster inventory turnover during the year.
Trade
Receivables Turnover Ratio:
This ratio declined from 5.69 times to 3.90 times, indicating slower collection of receivables compared to the previous year, which could imply relaxed credit terms or delays in collections.
Trade
Payables Turnover Ratio:
The ratio increased from 5.29 times to 7.35 times, reflecting that the company made faster payments to its suppliers compared to the prior year.
Net
Capital Turnover Ratio:
The ratio improved from 161.45% to 179.74%, demonstrating better efficiency in
utilizing working capital to drive revenue growth.
Net
Profit Ratio:
Net Profit Ratio showed a slight improvement from 62.14% to 62.86%,
highlighting stable profitability margins despite potential cost variations.
Return on
Capital Employed (ROCE):
ROCE increased from 7.59% to 9.53%, reflecting better returns generated from the overall capital employed in the business.
Return on
Investment (ROI):
ROI declined from 7.25% to 5.28%, indicating reduced returns on investments compared to the previous year, which may be due to market fluctuations or lower investment gains.
