| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| National E Repository Limited |
National E-Repository Limited Standalone Balance as on 31-03-2024 (In Rs. Lakhs)
Equity and Liabilities | 31-03-2024 | 31-03-2023 |
Equity |
|
|
Equity share capital | 8,100.00 | 8,100.00 |
Other equity | (3,074.96) | (2,564.13) |
Total equity | 5,025.04 | 5,535.87 |
Liabilities |
|
|
Non-current liabilities |
|
|
Provisions, non-current | 60.45 | 50.73 |
Total non-current liabilities | 60.45 | 50.73 |
Current liabilities |
|
|
Trade payables, current | 54.92 | 65.16 |
Other current financial liabilities | 895.34 | 897.83 |
Total current financial liabilities | 950.26 | 962.99 |
Other current liabilities | 22.01 | 22.94 |
Provisions, current | 121.84 | 96.38 |
Total current liabilities | 1,094.11 | 1,082.31 |
Total liabilities | 1,154.56 | 1,133.04 |
Total equity and liabilities | 6,179.60 | 6,668.91 |
National E-Repository Limited Standalone Profit and Loss for the year ended 31-03-2024 (In Rs. Lakhs)
Particulars | 31-03-2024 | 31-03-2023 |
Revenue |
|
|
Revenue from operations | 858.19 | 741.80 |
Other income | 226.37 | 216.64 |
Total income | 1,084.56 | 958.44 |
Expenses |
|
|
Employee benefit expense | 886.92 | 742.89 |
Depreciation, depletion and amortisation expense | 401.21 | 511.62 |
Other expenses | 469.42 | 434.76 |
Total expenses | 1,757.55 | 1,689.27 |
Profit before exceptional items and tax | (672.99) | (730.83) |
Total profit before tax | (672.99) | (730.83) |
Tax expense |
|
|
Deferred tax | (171.62) | (180.36) |
Total tax expense | (171.62) | (180.36) |
Total profit (loss) for period from continuing operations | (501.37) | (550.47) |
Total profit (loss) for period | (501.37) | (550.47) |
Other Comprehensive Income (OCI) |
|
|
Total other comprehensive income | (9.47) | (7.17) |
Total comprehensive income | (510.84) | (557.64) |
Components of Other Comprehensive Income (OCI) |
|
|
Other comprehensive income before tax, gains (losses) on remeasurements of defined benefit plans | (12.65) | (9.58) |
Income tax relating to remeasurements of defined benefit plans of OCI | (3.18) | (2.41) |
Total other comprehensive income | (9.47) | (7.17) |
Total comprehensive income | (510.84) | (557.64) |
Earnings Per Share (EPS) |
|
|
Basic earnings (loss) per share from continuing operations | [INR/shares] (0.62) | [INR/shares] (0.68) |
Basic earnings (loss) per share from discontinued operations | [INR/shares] 0.00 | [INR/shares] 0.00 |
Total basic earnings (loss) per share | [INR/shares] (0.62) | [INR/shares] (0.68) |
Diluted earnings (loss) per share from continuing operations | [INR/shares] (0.62) | [INR/shares] (0.68) |
Diluted earnings (loss) per share from discontinued operations | [INR/shares] 0.00 | [INR/shares] 0.00 |
Total diluted earnings (loss) per share | [INR/shares] (0.62) | [INR/shares] (0.68) |
National E-Repository Limited Standalone Cash Flows for the year ended 31-03-2024 (In Rs. Lakhs)
Particulars | 31-03-2024 | 31-03-2023 |
Cash flows from (used in) operating activities |
|
|
Profit before tax | (672.99) | (730.83) |
Adjustments for reconcile profit (loss): |
|
|
Adjustments for finance costs | 0.18 | (0.01) |
Adjustments for decrease (increase) in trade receivables, current | (37.78) | 57.16 |
Adjustments for other financial assets, current | (13.98) | (11.61) |
Adjustments for increase (decrease) in trade payables, current | 11.23 | 5.88 |
Adjustments for depreciation and amortization expense | 401.21 | 511.62 |
Adjustments for other financial liabilities, current | (18.75) | (6.36) |
Adjustments for interest income | 221.40 | 207.27 |
Other adjustments for which cash effects are investing or financing cash flow | 0.00 | (0.31) |
Other adjustments for non-cash items | 0.48 | (2.25) |
Total adjustments for reconcile profit (loss) | 121.19 | 346.85 |
Net cash flows from (used in) operations | (551.80) | (383.98) |
Income taxes paid (refund) | (64.55) | 11.68 |
Net cash flows from (used in) operating activities | (487.25) | (395.66) |
Cash flows from (used in) investing activities |
|
|
Proceeds from sales of property, plant and equipment | 0.00 | 0.81 |
Purchase of property, plant and equipment | (18.18) | (35.52) |
Purchase of intangible assets | (14.69) | (27.78) |
Proceeds from sales of other long-term assets | 436.14 | 136.27 |
Interest received | 237.59 | 302.53 |
Net cash flows from (used in) investing activities | 640.86 | 376.31 |
Cash flows from (used in) financing activities |
|
|
Interest paid | 0.00 | 0.00 |
Net cash flows from (used in) financing activities | 0.00 | 0.00 |
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | 153.61 | (19.35) |
Net increase (decrease) in cash and cash equivalents | 153.61 | (19.35) |
Cash and cash equivalents at end of period | 188.39 | 34.78 |
Here is the summary of above cash flow statement:
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES
The cash flow from operating activities begins with the profit before tax of INR (672.99) lakhs for the year ended 31-03-2024, compared to INR (730.83) lakhs for the previous year. Various adjustments were made to reconcile the loss, including finance costs of INR 0.18 lakh, a decrease in trade receivables of INR (37.78) lakhs, and a decrease in other financial assets of INR (13.98) lakhs. Additionally, there was an increase in trade payables of INR 11.23 lakhs and a depreciation and amortization expense of INR 401.21 lakhs. Other financial liabilities decreased by INR (18.75) lakhs, and interest income amounted to INR 221.40 lakhs. Other adjustments included non-cash items amounting to INR 0.48 lakh. These adjustments collectively led to a net cash outflow from operations of INR (551.80) lakhs. After accounting for income tax refunds of INR (64.55) lakhs, the net cash outflow from operating activities totaled INR (487.25) lakhs for the year, compared to INR (395.66) lakhs in the previous year.
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES
The investing activities for the year generated a net cash inflow of INR 640.86 lakhs, as compared to INR 376.31 lakhs in the prior year. This included proceeds from the sale of other long-term assets amounting to INR 436.14 lakhs and interest income of INR 237.59 lakhs. Offsetting these inflows were expenditures on the purchase of property, plant, and equipment amounting to INR (18.18) lakhs and the purchase of intangible assets amounting to INR (14.69) lakhs. There were no proceeds from the sale of property, plant, and equipment during the year, compared to INR 0.81 lakh in the previous year.
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES
There were no cash flows from or used in financing activities during the year ended 31-03-2024, as was the case in the previous year. Interest payments were also nil in both years.
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
As a result of the above activities, the company recorded a net increase in cash and cash equivalents of INR 153.61 lakhs for the year ended 31-03-2024, compared to a net decrease of INR (19.35) lakhs in the previous year. The cash and cash equivalents at the end of the year stood at INR 188.39 lakhs, significantly higher than INR 34.78 lakhs at the end of the prior year.
Ratios for the year ended 31-03-2024 and 31-03-2023
Ratio | March 31, 2024 | March 31, 2023 |
Current Ratio | 2.42 | 2.79 |
Return on Equity (ROE) | -9.49% | -9.47% |
Trade Receivable Turnover Ratio | 5.17 | 4.21 |
Trade Payable Turnover Ratio | 8.13 | 4.47 |
Net Capital Turnover Ratio | 0.49 | 0.40 |
Net Profit Ratio | -58.42% | -74.21% |
Return on Capital Employed | -25.89% | -25.03% |
Return on Investment | 6.67% | 6.02% |
Insights for 2024
Current Ratio: The current ratio decreased to 2.42 in 2024 from 2.79 in 2023, indicating a slight decline in the company’s short-term liquidity position. However, the ratio remains above 2, showing the company still has adequate current assets to cover its current liabilities.
Return on Equity (ROE): ROE slightly worsened to -9.49% in 2024 from -9.47% in 2023, reflecting continued losses impacting shareholder returns. The negative ratio emphasizes a need for strategies to improve profitability.
Trade Receivable Turnover Ratio: The ratio improved to 5.17 in 2024 from 4.21 in 2023, suggesting better efficiency in collecting receivables and a reduction in the average collection period.
Trade Payable Turnover Ratio: This ratio increased significantly to 8.13 in 2024 from 4.47 in 2023, indicating faster payments to suppliers. While this shows good supplier relationships, it could also strain cash flows if not managed prudently.
Net Capital Turnover Ratio: The ratio improved to 0.49 in 2024 from 0.40 in 2023, reflecting increased efficiency in utilizing working capital to generate revenue. However, the low ratio suggests there is still room for optimization.
Net Profit Ratio: The net profit margin improved to -58.42% in 2024 from -74.21% in 2023, showing reduced losses as a percentage of revenue. While the improvement is positive, the company remains unprofitable.
Return on Capital Employed (ROCE): ROCE decreased to -25.89% in 2024 from -25.03% in 2023, highlighting a decline in efficiency in generating returns on capital employed.
Return on Investment (ROI): ROI improved to 6.67% in 2024 from 6.02% in 2023, showing slightly better returns on investments made. This indicates positive results in investment activities despite the challenging operational performance.
In summary, while certain efficiency ratios such as trade receivable turnover and net capital turnover have improved, the profitability and return ratios continue to reflect losses, necessitating focus on cost control and revenue growth strategies.
