| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Midland Rubber And Produce Co Ltd |
|
Particulars |
31-03-2024 |
31-03-2023 |
|
Shareholder 's Funds |
|
|
|
Share capital |
38.91 |
38.91 |
|
Reserves and surplus |
37,857.77 |
35,498.94 |
|
Non-Current Liabilities |
|
|
|
Long-term provisions |
25.51 |
13.30 |
|
Current Liabilties |
|
|
|
Trade Payables: |
|
|
|
Total Outstanding dues of micro & small enterprises |
7.19 |
29.71 |
|
Total Outstanding dues of Creditors other than above |
387.97 |
365.51 |
|
Other current liabilities |
296.13 |
259.54 |
|
Short-term provisions |
524.05 |
680.76 |
|
Total Equity and Liabilities |
39,137.53 |
36,886.67 |
|
Non-Current Assets |
|
|
|
Property, Plant and Equipment |
4,116.70 |
4,480.38 |
|
Bearer Plants |
141.97 |
174.66 |
|
Others (CWIP) |
1.98 |
|
|
Non-current Investments |
26,336.03 |
24,054.01 |
|
Deferred tax asset (Net) |
46.57 |
51.78 |
|
Capital Advance |
27.34 |
28.43 |
|
Other Non-current assets |
30.43 |
25.54 |
|
Current Assets |
|
|
|
Current investments |
6,419.72 |
6,421.25 |
|
Inventories |
808.24 |
469.93 |
|
Trade Receivables |
275.66 |
313.70 |
|
Cash and cash equivalents |
392.46 |
318.50 |
|
Short-term loans and advances |
503.13 |
548.49 |
|
Accrued income |
37.30 |
- |
|
Total Assets |
39,137.53 |
36,886.67 |
|
Particulars |
31-03-2024 |
31-03-2023 |
|
Revenue from operations |
5,575.15 |
5,259.27 |
|
Other income |
951.56 |
417.78 |
|
Total Income |
6,526.71 |
5,667.05 |
|
Expenses |
|
|
|
Cost of material consumed |
840.63 |
953.65 |
|
Purchase of Stock-in-Trade |
11.74 |
1.16 |
|
Changes in Inventory |
-355.25 |
45.62 |
|
Other Manufacturing Expenses |
1,029.80 |
1,074.20 |
|
Employee benefits expenses |
2,917.02 |
2,654.66 |
|
Finance costs |
1.57 |
1.66 |
|
Depreciation and amortisation |
545.29 |
474.07 |
|
Other expenses |
546.97 |
509.17 |
|
Total expenses |
5,537.77 |
5,622.95 |
|
Profit Before Tax |
988.94 |
54.10 |
|
Current tax |
90.00 |
200.00 |
|
Deferred tax |
5.21 |
16.63 |
|
Add: Share of profit/(loss) of Associate companies |
1,852.54 |
2,314.68 |
|
Profit After Tax |
2,746.27 |
2,152.15 |
|
Earnings pershare |
|
|
|
Basic |
705.80 |
553.11 |
|
Diluted |
705.80 |
553.11 |
|
Particulars |
31-03-2024 |
31-03-2023 |
|
Cash Flow from Operating Activities |
|
|
|
Net Profit Before Tax |
2,841.48 |
2,368.78 |
|
Adjustments for: |
|
|
|
Depreciation |
545.28 |
474.08 |
|
Rubber Rehabilitation Allowance |
1.64 |
1.70 |
|
Profit/Loss on sale of Assets |
-45.37 |
-1.98 |
|
Profit on sale of Investments |
-822.63 |
-329.23 |
|
Provision for Gratuity |
-54.76 |
62.66 |
|
Provision for Leave Encashment |
12.53 |
2.59 |
|
Interest Received |
-3.74 |
-25.50 |
|
Dividend/Investment income Received |
-35.08 |
-29.15 |
|
Interest Paid |
1.03 |
1.20 |
|
Diminution in value of Investments |
-15.76 |
31.95 |
|
Capitalisation of Bearer Plants |
54.57 |
2,222.10 |
|
Operating Profit Before Working Capital Changes |
2,479.19 |
2,579.20 |
|
Adjustments for: |
|
|
|
Trade and other Receivables |
38.04 |
-212.72 |
|
Inventories |
-338.31 |
-38.89 |
|
Trade Payables |
36.53 |
25.47 |
|
Other Current Assets |
-136.70 |
9.47 |
|
Cash Generated From Operations |
2,087.75 |
2,362.53 |
|
Direct Taxes Paid |
-122.68 |
-113.73 |
|
Net Cash From Operating Activities |
1,956.07 |
2,248.80 |
|
Cash Flow from Investing Activities |
|
|
|
Purchase of Property, Plant and Equipment |
-273.15 |
-388.75 |
|
Sale of Property, Plant and Equipment |
115.08 |
4.00 |
|
Purchase of Investments |
-3,212.78 |
-3,023.49 |
|
Sale of Investments |
946.03 |
1,524.42 |
|
Interest Received |
3.74 |
25.50 |
|
Dividend/Investment income Received |
857.71 |
358.38 |
|
Net Cash From/(Used In) Investing Activities |
-1,563.37 |
-4,992.94 |
|
Cash Flow from Financing Activities |
|
|
|
Interest Paid |
-1.03 |
-1.20 |
|
Dividend Paid |
-389.08 |
-486.35 |
|
Net Cash Used In Financing Activities |
-390.11 |
-487.55 |
|
Net Decrease In Cash and Cash Equivalents |
2.59 |
-1,051.69 |
|
Cash and Cash Equivalents - Beginning |
76.69 |
1,128.38 |
|
Cash and Cash Equivalents - End |
79.28 |
76.69 |
Here is a summary of the Cash Flow
Statement for the years 2024 and 2023:
Cash Flow from
Operating Activities:
In FY 2023–24, the
company reported a net profit before tax of ₹2,841.48
lakhs, up from ₹2,368.78 lakhs in the previous year, reflecting improved core
profitability. Adjustments such as depreciation (₹545.28 lakhs),
changes in provisions, and non-cash charges (like capitalisation of bearer
plants) were added back. Notably, profit on sale of investments
(₹822.63 lakhs in 2024 vs ₹329.23 lakhs in 2023) and other income were deducted
as they are investing-related. After working capital adjustments (mainly a rise
in receivables and inventory), the net cash from operating activities
was ₹1,956.07 lakhs in 2024, slightly lower than ₹2,248.80 lakhs in 2023.
Despite the marginal decrease, the company maintained strong operating cash
flows, indicating efficient cash generation from core operations.
Cash Flow from
Investing Activities:
This section
reflects significant cash outflows,
primarily due to large investments made in FY 2023–24.
The company spent ₹3,212.78 lakhs on purchase of investments and ₹273.15 lakhs
on capital expenditures. These outflows were partly offset by inflows from sale
of investments (₹946.03 lakhs) and dividend/investment
income (₹857.71 lakhs). Despite these inflows, the net
cash used in investing activities stood at a negative ₹1,563.37
lakhs, significantly improved from the previous year’s negative ₹4,992.94
lakhs. The reduced outflow compared to FY 2022–23 suggests a strategic shift
toward optimizing capital deployment.
Cash Flow from
Financing Activities:
Financing cash flows
were primarily affected by dividend payments of ₹389.08 lakhs
and interest
payments of ₹1.03 lakhs in FY 2023–24. The total
net cash outflow from financing activities amounted to ₹390.11
lakhs, slightly less than the ₹487.55 lakhs in FY 2022–23. The consistency in
dividend payments highlights the company’s commitment to returning value to
shareholders.
Net Change in Cash:
As a result of the
above activities, the company experienced a net increase in
cash and cash equivalents of ₹2.59 lakhs in FY 2023–24,
compared to a steep decline of ₹1,051.69 lakhs in FY 2022–23. The closing
cash balance stood at ₹79.28 lakhs at the end of March 2024, a
modest improvement over the previous year.
