Maxplus Logistics Ltd Annual Reports, Balance Sheet and Financials

Maxplus Logistics Limited Balance Sheet (Rs)

 Maxplus Logistics Limited Profit & Loss Statement (Rs)

 Maxplus Logistics Limited Consolidated Cash Flow Statement (Rs)

Certainly, here is a summary of the Cash Flow Statement for the years 2023 and 2022:

A. Cash Flow from Operating Activities - 2023:

Net Profit before tax and extraordinary items: Rs. 1,036,691

Adjustments for:

Depreciation: Rs. 6,078

Provision for gratuity: Rs. 31,136

Interest Paid: Rs. 3,137

Operating profit before Working Capital Changes: Rs. 996,340

Adjustment for:

Decrease in trade receivables: Rs. 430,773

Decrease in other receivables: Rs. 89,036

Increase in current liabilities: Rs. 56,267

Cash Generated from Operations: Rs. 851,037

Cash Flow from Operating Activities: Rs. 851,037

B. Cash Flow from Investing Activities - 2023:

Sale of fixed assets: Rs. 472,302

Cash Flow from Investing Activities: Rs. 472,302

C. Cash Flow from Financing Activities - 2023:

Increase in unsecured loan: Rs. 352,383

Interest Paid: Rs. 3,137

Cash Flow from Financing Activities: Rs. 349,246

Net increase/(decrease) in Cash and Cash Equivalents: Rs. 29,489

Opening Balance of Cash and Cash Equivalents: Rs. 136,925

Closing Balance of Cash and Cash Equivalents: Rs. 107,436

A. Cash Flow from Operating Activities - 2022:

Net Profit before tax and extraordinary items: Rs. 1,704,310

Adjustments for:

Depreciation: Rs. 15,345

Provision for gratuity: Rs. 32,318

Interest Paid: Rs. 151

Operating profit before Working Capital Changes: Rs. 1,656,495

Adjustment for:

Decrease in trade receivables: Rs. 430,773

Decrease in other receivables: Rs. 371,461

Increase in current liabilities: Rs. 15,445

Cash Generated from Operations: Rs. -838,816

Cash Flow from Operating Activities: Rs. -838,816

B. Cash Flow from Investing Activities - 2022:

Sale of fixed assets: Rs. N/A (Not provided in the data)

C. Cash Flow from Financing Activities - 2022: *

Increase in unsecured loan: Rs. 774,001

Interest Paid: Rs. 151

Cash Flow from Financing Activities: Rs. 773,850

Net increase/(decrease) in Cash and Cash Equivalents: Rs. 64,970

Opening Balance of Cash and Cash Equivalents: Rs. 201,895

Closing Balance of Cash and Cash Equivalents: Rs. 136,925

This summary provides an overview of the cash flow activities for the years 2023 and 2022 in terms of operating, investing, and financing activities, along with the beginning and ending cash and cash equivalents. Please note that the data for the sale of fixed assets in 2022 is not provided.

Bellow are the Financial Ratios

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

1.Current Ratio - 2023:

The current ratio for Maxplus Logistics Limited in 2023 is 0.12, indicating that the company 's current assets are significantly lower than its current liabilities. This may raise concerns about the company 's short-term liquidity and ability to meet its immediate financial obligations.

2. Return on Equity Ratio - 2023:

The return on equity (ROE) ratio for 2023 is 1.1117. This indicates that for every unit of equity invested in the company, there is a return of 1.1117 units. A positive ROE is generally a positive sign, indicating profitability and value creation for shareholders.

3. Return on Capital Employed - 2023:

The return on capital employed (ROCE) for 2023 is 5.9925. This metric measures the company 's ability to generate returns from the capital employed in the business. A positive ROCE of 5.9925 suggests that the company is generating a positive return on its invested capital.

4. Current Ratio - 2022:

In 2022, the current ratio was 0.22. While it is still below the ideal ratio of 1, it was higher than the 2023 figure, indicating better short-term liquidity in the previous year.

5. Return on Equity Ratio - 2022:

The return on equity (ROE) ratio for 2022 was 0.5691. This shows that the company had a lower ROE in 2022 compared to 2023, but it was still positive, signifying profitability.

6. Return on Capital Employed - 2022:

In 2022, the return on capital employed (ROCE) was -0.8363, which is negative. This indicates that the company had difficulties in generating returns from its capital employed in the business in that year.