Mrigaya Estate And Finance Limited (MRIGAYA) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
Primex-40
Mrigaya Estate And Finance Limited

Mrigaya Estate And Finance Limited Balance Sheet (Rs)

Particulars	2020	2019
ASSETS
Non-Current Assets
Property, Plant and Equipment	8,945.00	8,945.00
lnvestment	7858700	7858700
Total Non Current Assets	7,867,645.00	7,867,645.00
Current Assets	37.500.00
lnventories	963000	963,000.00
Financial Assets
Cash and Cash Equivalents	9356661.92	9,691,051.96
Loans	5091000	4500000
Current Tax Assets(Net)	-7114	-23,693.00
Other Current Assets	37,500.00
Total Current Assets	15,441,047.92	15,130,358.96
TOTAL ASSETS	23,308,692.92	22,998,003.96
EQUITY AND LIABILITIES
EQUITY
Equity Share Capital	15300000	15300000
Other Equity	7700195.92	7402956.96
Total Equity	23000195.92	22702956.96
LIABILITIES	23000195.92	22702956.96
Current Liabilities
Other Current Liabilities	308497	295047
Total Liabilities	308497	295047
TOTAL EQUITY AND LIABILITIES	23308692.92	22998003.96

Mrigaya Estate And Finance Limited Profit & Loss Statement (Rs)

Particulars	2020	2019
Revenue
Revenue from Operations	1050784	1014259
Total Revenue	1050784	1014259
Expenses:
Change in lnventories
Employee Benefits Expenses	246850	246600
Finance Cost	151.04	2482.43
Administrative & Other Expenses	401544	315333
Total Expenses	648545.04	564415.43
Profit before Extraordinary items	402238.96	449843.57
Profit before Tax	402238.96	449843.57
lncome Tax Provision	105000	118000
Profit for the year	297238.96	331843.57
Earnings per equity share
Basic	0.19	0.22
Diluted	0.19	0.22

Mrigaya Estate And Finance Limited Consolidated Cash Flow Statement (Rs)

Particulars	2020	2019
Cash Flows from Operating Activities
Net Profit before lncome Tax	402238.96	449843.57
Finance Cost	151.04	2482.43
Operating Profit before Working Capital Changes	402390	452326
Adjustments for lncrease/(Decrease) ln Operating Assets:
Trade Receivable		-67500
Loans	591000
Current Tax Assets(Net)	16579	-23804
Other Current Assets	37500
Total	645079	-91304
Adjustments for (lncrease)/Decrease ln Operating Liabilities:
Other Current Liabilities	-13450	-39449
Total	-13450	-39449
Change in Net Working Capital	-631629	130753
Cash generates from/(used in) operation	-229239	583079
Taxes paid/Payable Net	-105000	-118000
Net Cash Flow /(used in) Operating Activities	-334239	465079
Cash Flows from Financing Activities
Finance Cost	-151.04	-2482.43
Net Cash Flow/(Used in) from Financing Activities	-151.04	-2482.43
Net lncrease/(Decrease) in Cash and Cash Equivalents	-334390	462596.57
Cash and Cash Equivalents at the beginning of the year	9691051.96	9228455.39

Certainly, here is a summary of the Cash Flow Statement for the years 2020 and 2019:

Cash Flows from Operating Activities:

1. Net Profit before Income Tax:

In 2020, the net profit before income tax was Rs 402,238.96, a decrease from Rs 449,843.57 in 2019. This decline indicates a reduction in overall profitability before tax.

2. Finance Cost:

The finance cost significantly decreased from Rs 2,482.43 in 2019 to Rs 151.04 in 2020. This reduction in finance cost reflects improved cost management.

3. Operating Profit before Working Capital Changes:

The operating profit before working capital changes declined from Rs 452,326 in 2019 to Rs 402,390 in 2020, suggesting challenges in maintaining operating profitability.

4. Adjustments for Increase/(Decrease) in Operating Assets:

Trade Receivable decreased by Rs 67,500 in 2020, while Loans increased by Rs 591,000. Current Tax Assets (Net) increased by Rs 16,579 in 2020, reversing the negative trend of Rs -23,804 in 2019. Other Current Assets increased by Rs 37,500. The total adjustments for operating assets amounted to Rs 645,079 in 2020, a significant shift from -Rs 91,304 in 2019.

5. Adjustments for (Increase)/Decrease in Operating Liabilities:

Other Current Liabilities decreased by Rs 13,450 in 2020, a notable change from -Rs 39,449 in 2019. The total adjustments for operating liabilities amounted to -Rs 13,450 in 2020 and -Rs 39,449 in 2019.

6. Change in Net Working Capital:

The change in net working capital was -Rs 631,629 in 2020, indicating a substantial decrease from the positive change of Rs 130,753 in 2019.

7. Cash Generated from/(Used in) Operation:

The cash generated from operations was -Rs 229,239 in 2020, a significant decrease from Rs 583,079 in 2019. This negative cash flow reflects challenges in generating sufficient operational cash.

8. Taxes Paid/Payable Net:

Net taxes paid or payable amounted to -Rs 105,000 in 2020 and -Rs 118,000 in 2019.

9. Net Cash Flow /(Used in) Operating Activities:

The net cash flow from operating activities was -Rs 334,239 in 2020, representing a decrease from Rs 465,079 in 2019. This negative cash flow signals potential liquidity challenges or increased investment activities.

Cash Flows from Financing Activities:

1. Finance Cost:

The finance cost associated with financing activities decreased from -Rs 2,482.43 in 2019 to -Rs 151.04 in 2020.

2. Net Cash Flow/(Used in) from Financing Activities:

The net cash flow from financing activities was -Rs 151.04 in 2020 and -Rs 2,482.43 in 2019, indicating a reduction in financing costs.

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

The net increase/(decrease) in cash and cash equivalents for 2020 was -Rs 334,390, a decrease from Rs 462,596.57 in 2019.

Cash and Cash Equivalents:

1. Cash and Cash Equivalents at the Beginning of the Year:

In 2020, cash and cash equivalents were Rs 9,691,051.96, compared to Rs 9,228,455.39 in 2019.

2. Cash and Cash Equivalents at the End of the Year:

The year ended with cash and cash equivalents amounting to Rs 9,356,661.92 in 2020 and Rs 9,691,051.96 in 2019.

Mrigaya Estate Annual Report