Malankara Plantations Latest Annual Report, Balance Sheet and Financials

Malankara Plantations Limited Balance Sheet (Rs in Lakhs)

Malankara Plantations Limited Profit & Loss Statement (Rs in Lakhs)

Malankara Plantations Limited Consolidated Cash Flow Statement (Rs in Lakhs)

 Here is a summary of the Cash Flow Statement for the years 2023 and 2022:

Cash Flow from Operating Activities:

Net Profit/(Loss) Before Tax: The company reported a net profit before tax of 188.75 in 2023, which decreased from 773.72 in 2022.

Adjustments: Various adjustments were made, including depreciation and amortization expenses, interest and dividend income from investments, and changes in provisions for bonus and gratuity.

Operating Profit before Working Capital Changes: The operating profit before changes in working capital decreased from 843.39 in 2022 to 346.27 in 2023.

Changes in Working Capital: There were fluctuations in trade payables, trade receivables, inventories, loans and advances, and other current liabilities, impacting cash flows from operating activities.

Cash Generated from Operations: Despite adjustments, the company generated cash from operations amounting to 676.71 in 2023, compared to 90.29 in 2022.

Income Tax Paid: The net income tax paid decreased from -150.14 in 2022 to -43.61 in 2023.

Net Cash from Operating Activities: The net cash from operating activities improved significantly from -59.85 in 2022 to 633.1 in 2023, indicating better operational cash flow management.

Cash Flow from Investing Activities:

Purchase/Sale of Assets and Investments: The company made purchases of property, plant, and equipment as well as non-current investments, while also selling investments and fixed assets.

Dividend and Interest Income: Dividend and interest income from investments fluctuated between years.

Net Cash Flow from Investing Activities: Despite investments and divestments, the net cash flow from investing activities decreased from 672.05 in 2022 to -551.51 in 2023.

Cash Flow from Financing Activities:

Increase/Decrease in Working Capital and Term Loan: There were increases and decreases in working capital loans and term loans.

Dividend Paid: The company paid dividends, which remained consistent between the two years.

Net Cash Flow from Financing Activities: The net cash flow from financing activities increased slightly from 363.48 in 2022 to 354.56 in 2023.

Net Decrease (-) / Increase in Cash Equivalents:

The net increase in cash equivalents was 436.15 in 2023, compared to 975.68 in 2022.

Cash & Cash Equivalents at the Beginning and End of the Year:

Cash and cash equivalents at the beginning of the year were 1330 in both 2023 and 2022. However, it increased to 1766.15 by the end of 2023, compared to 1330 at the end of 2022.

Financial Ratios of Malankara Plantations Limited

Here is a summary of the financial and operational metrics for Malankara Plantations Limited for the years 2023 and 2022:

Current Ratio:

The current ratio decreased from 2.17 in 2022 to 1.61 in 2023. This indicates a reduction in the company 's short-term liquidity, as it now has fewer current assets to cover its current liabilities. While the ratio is still above 1, indicating the company can cover its short-term obligations, the decrease warrants attention and further analysis.

Debt-Equity Ratio:

The debt-equity ratio increased from 0.18 in 2022 to 0.23 in 2023. This indicates that the company has increased its reliance on debt financing relative to equity financing. While a debt-equity ratio of 0.23 is still relatively low, the increase suggests that the company 's capital structure has become more leveraged.

Debt Service Coverage Ratio:

The debt service coverage ratio improved significantly from not being available in 2022 to 4.14 in 2023. A debt service coverage ratio of 4.14 indicates that the company 's cash flow from operations is more than sufficient to cover its debt service obligations, which is a positive sign of financial health.

Return on Equity (ROE) Ratio:

The return on equity ratio decreased from 0.08 in 2022 to 0.03 in 2023. This suggests a decrease in the company 's profitability relative to its shareholders ' equity. While still positive, the decrease indicates that the company 's ability to generate profit from shareholders ' equity has decreased.

Inventory Turnover Ratio:

The inventory turnover ratio increased slightly from 10.44 in 2022 to 10.71 in 2023. This suggests that the company is selling its inventory at a slightly faster rate in 2023 compared to 2022, which can indicate improved efficiency in inventory management.

Trade Receivables Turnover Ratio:

The trade receivables turnover ratio decreased significantly from 40.33 in 2022 to 25.83 in 2023. This indicates that the company is collecting its receivables less efficiently in 2023, which can negatively impact cash flow and liquidity.

Net Capital Turnover Ratio:

The net capital turnover ratio increased slightly from 10.2 in 2022 to 10.55 in 2023. This indicates that the company generated more sales per unit of capital invested, suggesting improved efficiency in utilizing capital to generate revenue.

Net Profit Ratio:

The net profit ratio decreased from 0.03 in 2022 to 0.01 in 2023. This indicates a decrease in the company 's profitability relative to its total revenue, which may be attributed to various factors such as increased expenses or decreased revenue.

Return on Capital Employed (ROCE) and Return on Investment (ROI):

Both ROCE and ROI decreased from 2022 to 2023, indicating a decrease in returns relative to the capital employed and the overall investment made in the company.

Dividend History