New Era Alkaloids and Export Annual Report and Financials

New Era Alkaloids & Exports Limited Standalone Balance Sheet (Rs in Lakhs)

New Era Alkaloids & Exports Limited Standalone Profit & Loss Statement (Rs in Lakhs)

New Era Alkaloids & Exports Limited Standalone Cash Flow Statement (Rs in Lakhs)

Here is a summary of the Cash Flow Statement for the years 2024 and 2023:

Operating Activities:

In FY 2024, the company posted a profit before tax of ₹33.17 lakhs, recovering from a ₹109.11 lakhs loss in FY 2023. However, due to increased receivables and tax payments, it reported a net cash outflow of ₹76.36 lakhs, compared to an inflow of ₹334.66 lakhs in FY 2023, which had benefited from one-time write-offs and better working capital position.

Investing Activities:

The company reported a substantial inflow of ₹866.23 lakhs in FY 2024 from the sale of shares, indicating a divestment of investments or strategic assets. This was absent in FY 2023, where no investing activities were reported. This sharp inflow highlights a deliberate strategy to liquidate investments to support liquidity or other financial needs.

Financing Activities:

In FY 2024, net outflows from financing activities stood at ₹789.27 lakhs, primarily due to the repayment of unsecured loans amounting to ₹828.61 lakhs. A small interest expense of ₹0.01 lakhs was recorded, and an interest income of ₹39.35 lakhs from parties was included in this section. In FY 2023, a similar pattern was observed, with unsecured loans of ₹334 lakhs being repaid, resulting in a net cash outflow of ₹334.01 lakhs. This consistent trend suggests the company is gradually reducing its debt burden.

Net Cash Position:

Despite negative cash flows from operations and financing activities in FY 2024, the large investing inflow led to a modest net increase of ₹0.60 lakhs in cash and cash equivalents, ending the year with a closing balance of ₹3.99 lakhs, up from ₹3.39 lakhs in FY 2023. In the previous year, the net cash increase was ₹0.65 lakhs, indicating stable but low cash reserves.

Financial Ratios of New Era Alkaloids & Exports Limited

Here is a summary of the financial and operational metrics for New Era Alkaloids & Exports Limited

Current Ratio

A current ratio below 1 indicates liquidity stress. Though it improved from 0.12 to 0.54 in FY 2024, the company still lacks sufficient current assets to cover its current liabilities, raising concerns about short-term solvency.

Debt-Equity Ratio

In FY 2023, the company had a moderately leveraged position. The absence of the ratio in FY 2024 may indicate that either debt or equity became negative or negligible, reflecting capital structure instability.

Return on Equity

Negative ROE in both years suggests the company incurred losses. However, the improvement in FY 2024 shows reduced losses and a slight move towards recovery.

Trade Receivables Turnover Ratio

A ratio of 1.41 in FY 2023 indicates slow collection. The missing value in FY 2024 could mean no significant sales or data inconsistency, impacting cash flow predictability.

Net Capital Turnover Ratio

An extremely low value in FY 2023 reflects poor utilization of capital. The absence of the ratio in FY 2024 might indicate negative working capital or minimal operations..

Net Profit Ratio

Both years show net losses, but FY 2024’s figure shows substantial improvement. However, a -65.30% margin still signals inefficiency and high costs relative to income.

Return on Capital Employed

A positive ROCE in FY 2024 suggests the company is starting to generate returns from its capital, a significant recovery from negative returns in FY 2023.

Operating Profit Margin