Manjushree Plantations Latest Annual Report, Balance Sheet and Financials

Manjushree Plantations Limited Balance Sheet (Rs in Lakhs)

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

Manjushree Plantations Limited Consolidated Cash Flow Statement (Rs In Lakhs)

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

Net Profit/(Loss) before tax:

The company incurred a net loss before tax of Rs. 189 lakhs in 2023, compared to a loss of Rs. 97 lakhs in 2022. This indicates a worsening financial performance.

Adjustments:

Depreciation: Depreciation expenses increased from Rs. 112 lakhs in 2022 to Rs. 120 lakhs in 2023, suggesting higher asset usage or investment.

Interest Received: Interest received decreased from Rs. 17 lakhs in 2022 to Rs. 24 lakhs in 2023.

Operating Profit before Working Capital Changes:

The operating profit before considering changes in working capital was negative Rs. 93 lakhs in 2023 and negative Rs. 2 lakhs in 2022, indicating operational challenges.

Working Capital Changes:

Trade Payables: There was a significant decrease in trade payables in 2023 compared to 2022, indicating more prompt payments to suppliers.

Other Current Liabilities: Other current liabilities decreased substantially in 2023, suggesting a reduction in short-term obligations.

Long-Term Provisions: Long-term provisions increased significantly in 2023, possibly due to higher expected future expenses.

Other Non-Current Assets, Trade Receivables, and Inventories: Changes in these accounts indicate fluctuations in non-cash working capital components.

Cash generated from Operations:

Despite operational challenges, the company managed to generate Rs. 31 lakhs in cash from operations in 2023, compared to Rs. 50 lakhs in 2022.

Direct Taxes Refund/(Paid) (Net):

The company received a net tax refund of Rs. 39 lakhs in 2023, while it paid Rs. 46 lakhs in 2022.

Net Cash from Operating Activities:

The net cash from operating activities improved significantly from Rs. 4 lakhs in 2022 to Rs. 70 lakhs in 2023, primarily due to better tax refunds and working capital management.

Cash Flow from Investing Activities:

The company invested more in fixed assets in 2023 (-Rs. 88 lakhs) compared to 2022 (-Rs. 20 lakhs).

It also made investments in fixed deposits, resulting in a higher outflow in 2023 compared to 2022.

The net cash flow from investing activities worsened from -Rs. 10 lakhs in 2022 to -Rs. 77 lakhs in 2023.

Net Increase/ (Decrease) in Cash and Cash Equivalents:

The net decrease in cash and cash equivalents was -Rs. 7 lakhs in 2023, slightly worse than the -Rs. 6 lakhs in 2022.

Cash and Cash Equivalents at the beginning and end of the period:

The cash position decreased from Rs. 56 lakhs at the beginning of 2023 to Rs. 42 lakhs at the end, indicating a decline in liquidity. Similarly, it decreased from Rs. 56 lakhs to Rs. 50 lakhs from 2022 to 2023.

Financial Ratios of Manjushree Plantations Limited

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

Current Ratio: Decreased from 0.39 in 2022 to 0.32 in 2023, indicating a decline in the company 's short-term liquidity and ability to cover its short-term liabilities with its short-term assets.

Return on Equity (ROE) Ratio: Decreased significantly from 0.08 in 2022 to -0.27 in 2023. This indicates a negative return on equity, suggesting that the company 's profitability in relation to shareholders ' equity has worsened.

Inventory Turnover Ratio: Declined from 3.34 in 2022 to 3.04 in 2023, indicating that the company 's inventory turnover has slowed down slightly.

Trade Receivable Turnover Ratio: Increased slightly from 3.50 in 2022 to 3.72 in 2023, indicating that the company is collecting its receivables slightly faster than in the previous year.

Trade Payables Turnover Ratio: Decreased from 0.11 in 2022 to 0.08 in 2023, indicating that the company is taking longer to pay its suppliers compared to the previous year.

Net Capital Turnover Ratio: Decreased from -0.70 in 2022 to -0.62 in 2023. A negative ratio suggests inefficiency in the utilization of capital.

Net Profit Ratio: Decreased from -0.04 in 2022 to -0.17 in 2023, indicating a decline in the company 's profitability.

Return on Capital Employed (ROCE): Decreased from -0.08 in 2022 to -0.13 in 2023, indicating a decline in the company 's ability to generate profits from its capital employed.

Dividend History/NA