Mayasheel Retail India Annual Reports, Balance Sheet and Financials

Mayasheel Retail India Limited Balance Sheet (Rs in Lakhs)

Mayasheel Retail India Limited Profit & Loss Statement (Rs in Lakhs)

Mayasheel Retail India 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:

The net profit as per the Profit & Loss Account was ₹96.3 in 2023 and ₹957.62 in 2022.

Adjustments were made for provisions for gratuity & leave encashment, provision for deferred tax, depreciation, and interest paid.

There was no profit recorded on the sale of fixed assets in either year.

Changes in working capital included decreases/increases in current investments, inventories, trade debtors, loans & advances, other assets, trade payables, other liabilities, and provisions.

The net cash flow from operating activities was -₹1,784.33 in 2023 and ₹385.69 in 2022.

Cash Flow from Investing Activities:

Current year depreciation (other than sale) amounted to -₹313.39 in 2023 and -₹514.14 in 2022.

There was no significant change in non-current investments in either year.

Sale of fixed assets resulted in cash inflows of ₹283.61 in 2023 and ₹355.28 in 2022.

The net cash flow from investing activities was -₹29.78 in 2023 and -₹131.93 in 2022.

Cash Flow from Financing Activities:

There was an increase in short- & long-term borrowings, share capital, and proceeds from the issue of shares (securities premium).

Finance costs paid were recorded as outflows.

The net cash flow from financing activities was ₹1,819.83 in 2023 and -₹360.8 in 2022.

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

There was a net increase in cash and cash equivalents of ₹5.71 in 2023 and a decrease of -₹107.03 in 2022.

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

Cash & cash equivalents at the beginning of the period were ₹33.96 in 2023 and ₹140.99 in 2022.

Cash & cash equivalents at the end of the period were ₹39.67 in 2023 and ₹33.96 in 2022.

 Financial Ratios of Mayasheel Retail India Limited

Here is a summary of the financial and operational metrics for Mayasheel Retail India Limited for the year 2023 & 2022:

Current Ratio: The current ratio increased slightly from 1.03 in 2022 to 1.07 in 2023. This indicates a slight improvement in the company 's ability to cover its short-term liabilities with its current assets. While the increase is marginal, it suggests a better liquidity position.

Debt-Equity Ratio: The debt-equity ratio decreased from 4.82 in 2022 to 3.93 in 2023. This indicates a reduction in the company 's reliance on debt financing relative to equity. A lower debt-equity ratio suggests a more conservative capital structure and lower financial risk.

Return on Equity (ROE): The return on equity ratio decreased significantly from 36% in 2022 to 3% in 2023. This suggests a substantial decline in the company 's profitability relative to shareholders ' equity. The decrease in ROE may indicate lower earnings or a decrease in shareholder value creation.

Inventory Turnover Ratio: The inventory turnover ratio decreased from 1.02 in 2022 to 0.89 in 2023. This indicates a decrease in the efficiency of inventory management, as the company is selling its inventory at a slower rate in 2023 compared to the previous year.

Trade Payables Turnover Ratio: The trade payables turnover ratio decreased from 1.00 in 2022 to 0.91 in 2023. This indicates a decrease in the frequency of paying suppliers, which could be due to changes in payment terms or operational challenges.

Net Capital Turnover Ratio: The net capital turnover ratio increased from 8.93 in 2022 to 10.56 in 2023. This indicates an improvement in the company 's efficiency in generating revenue relative to its net capital employed.

Net Profit Ratio: The net profit ratio decreased from 5% in 2022 to 1% in 2023. This indicates a decrease in the company 's profitability as a percentage of its total revenue.

Return on Capital Employed (ROCE): The return on capital employed decreased from 0.43 in 2022 to 0.09 in 2023. This indicates a decrease in the company 's efficiency in generating profits from its capital investments.

Return on Investment: The return on investment decreased significantly from 6.20% in 2022 to 0.65% in 2023. This indicates a substantial decline in the return generated on the company 's investments.