Nakoda Latest Annual Report, Balance Sheet and Financials

Nakoda Limited Balance Sheet (Rs in Lakhs)

Nakoda Limited Profit & Loss Statement (Rs in Lakhs)

Nakoda Limited Consolidated Cash Flow Statement (Rs in Lakhs)

 Here is a summary of the Cash Flow Statement for the years 2017 and 2016:

Net Profit Before Tax and After Extraordinary Items: In the year ending March 31, 2017, the company reported a net profit before tax and after extraordinary items of -7868.32, while in the previous year ending March 31, 2016, it reported a net profit of -24505.24.

Depreciation: The company accounted for depreciation expenses, which were 8046.15 in 2017 and 8458.19 in 2016. Depreciation represents the decrease in the value of fixed assets over time.

Investment Written Off and Loss on Sale of Vehicles: In 2017, the company wrote off investments and incurred no loss on the sale of vehicles. However, in 2016, there was a loss on the sale of vehicles and an investment was written off.

Prior Period Expenses Paid and Profit on Sale of Fixed Asset: The company paid prior period expenses and reported a profit on the sale of fixed assets. The amounts were -3.21 and -58.7 in 2017, and -1899.16 and -937.11 in 2016, respectively.

Operating Profit Before Working Capital Changes: After adjusting for these items, the operating profit before working capital changes was 119.26 in 2017 and -16559.47 in 2016.

Changes in Current Assets and Liabilities: There were changes in current assets such as debtors, inventories, and loans and advances, as well as changes in current liabilities and provisions. These changes affected the cash flow from operating activities.

Net Cash Flow from Operating Activities: After considering the operating profit and changes in working capital, the net cash flow from operating activities was 615 in 2017 and -1046.77 in 2016. The positive figure indicates cash generated from operating activities in 2017, while the negative figure indicates cash used in operating activities in 2016.

Cash Flow from Investing Activities: The company made investments, sold vehicles, and sold fixed assets. The net cash flow from investing activities was 50.6 in 2017 and 1064.32 in 2016.

Cash Flow from Financing Activities: The company obtained proceeds from borrowings and unsecured loans, paid dividends, and dividend tax. The net cash flow from financing activities was -984.17 in 2017 and 244.59 in 2016.

Net Increase in Cash and Cash Equivalents: After considering cash flows from operating, investing, and financing activities, there was a net decrease in cash and cash equivalents of -318.57 in 2017 and an increase of 262.14 in 2016.

Cash and Cash Equivalents at the Beginning and End of the Year: The cash and cash equivalents at the beginning of the year were 658.75 in 2017 and 396.61 in 2016. By the end of the year, cash and cash equivalents decreased to 340.18 in 2017 and increased to 658.75 in 2016.

Financial Ratios of Nakoda Limited

Here is a summary of the financial and operational metrics for Nakoda Limited for the year 2016:

Current Ratio: The current ratio of 56.59 is exceptionally high. Such an excessively high current ratio suggests that the company may have an abnormally large amount of current assets relative to its current liabilities. This could indicate inefficiencies in managing working capital or potentially inflated asset values.

Quick Ratio: Similarly, the quick ratio of 55.76 is also extremely high, suggesting an excessive amount of highly liquid assets relative to current liabilities. While liquidity is generally favorable, such extreme values may indicate an unusual financial situation that warrants further investigation.

Inventory Turnover Ratio: The inventory turnover ratio of 2.45 seems reasonable and indicates that the company is turning over its inventory approximately 2.45 times during the year. However, without industry context, it 's challenging to assess whether this turnover rate is favorable or not.

Debt to Equity: The debt-to-equity ratio of -5.60 is highly unusual. A negative debt-to-equity ratio typically indicates that the company has negative equity or that it has more equity than debt. However, it 's rare to see such a large negative value. Further examination would be needed to understand the specific circumstances leading to this ratio.

Net Profit Ratio: The net profit ratio of -403.75% is extremely negative, indicating that the company incurred a substantial net loss relative to its total revenue. This could be due to various factors such as high expenses, write-offs, or declining revenues.

Return on Capital Employed: The return on capital employed (ROCE) of -15.78% indicates that the company experienced a negative return on its capital investments during the period. This suggests that the company 's capital was not effectively utilized to generate profits.

Dividend History/NA