P R Holdings Limited Annual Report and Financials

P R Holdings Limited Balance Sheet (Rs In Thousands)

P R Holdings Limited Profit & Loss Statement (Rs In Thousand)

P R Holdings Limited Consolidated Cash Flow Statement (Rs In Thousand)

Certainly, here is a summary of the Cash Flow Statement for the years 2023 and 2022:

A. Cash Flow from Operating Activities:

1. Profit Before Tax:

In 2023, the company reported a Profit Before Tax of Rs. 4,039.30, a substantial increase from the previous year 's Rs. 765.88.

2. Adjustments For:

Add: Depreciation:

Depreciation increased from Rs. 6.19 in 2022 to Rs. 31.39 in 2023, reflecting higher asset consumption or a change in depreciation methods.

Less: Interest on Loans:

Interest on loans decreased from Rs. -1,262.96 in 2022 to Rs. -1,222.40 in 2023, indicating a reduction in interest expenses.

Less: Profit on Sale of Shares:

The company experienced a significant negative impact in 2023 with a Loss of Rs. -4,520.97 from the sale of shares, whereas, in 2022, there was no such transaction.

Less: Notional (Gain)/Loss:

In 2023, there was a notional gain of Rs. 1,335.27, reflecting a non-cash item influencing the profit.

Less: Interest/Dividend Received:

Interest/Dividend Received decreased from Rs. -13.51 in 2022 to Rs. -4.73 in 2023, indicating a decline in returns on investments.

3. Operating Profit Before Working Capital Changes:

The Operating Profit before working capital changes improved from Rs. -504.39 in 2022 to Rs. -342.14 in 2023, indicating operational efficiency.

4. (Increase)/Decrease in Other Financial Assets:

Other financial assets increased by Rs. 500 in 2023, compared to an increase of Rs. 1,800.00 in 2022.

5. (Increase)/Decrease in Other Current Assets:

Other current assets increased by Rs. 130.61 in 2023, compared to a decrease of Rs. -920.88 in 2022.

6. (Increase)/Decrease in Current Tax Assets:

Current tax assets increased by Rs. 241.10 in 2023, reflecting potential tax benefits.

7. Increase/(Decrease) in Current Liabilities:

Current liabilities increased by Rs. 51.95 in 2023, compared to an increase of Rs. 34.35 in 2022.

8. Less: Tax Expense:

Tax expenses increased from Rs. -222.70 in 2022 to Rs. -949.48 in 2023, reflecting higher tax obligations.

9. Net Cash Flow from Operating Activities:

The Net Cash Flow from operating activities was negative at Rs. -367.97 in 2023, contrasting with a positive Rs. 186.37 in 2022.

B. Cash Flow from Investing Activities:

1. Add: Advances Recovered:

Advances recovered increased significantly from Rs. 2,100.00 in 2022 to Rs. 8,300.00 in 2023, suggesting successful recovery of funds.

2. Less: Purchase of Investments:

The company made a significant investment in 2023 with a purchase of investments amounting to Rs. -15,770.77, while no such investment occurred in 2022.

3. Add: Interest Received:

Interest received remained stable, with Rs. 1,222.40 in 2023 compared to Rs. 1,262.96 in 2022.

4. Less: Purchase of Fixed Assets:

A minor purchase of fixed assets occurred in 2023, amounting to Rs. -44.49.

5. Add: Interest Received on IT Refund:

Interest received on IT refund increased slightly from Rs. 13.51 in 2022 to Rs. 4.73 in 2023.

6. Add: Profit on Sale of Investment:

A significant profit on the sale of investments was recorded in 2023, amounting to Rs. 4,520.97, while no such profit occurred in 2022.

7. Net Cash Flow from Investing Activities:

The Net Cash Flow from investing activities was negative at Rs. -1,767.16 in 2023, primarily due to the substantial investment in purchases of investments, in contrast to a positive Rs. 3,376.47 in 2022.

C. Cash Flow from Financing Activities:

1. Loans Provided During the Year:

In 2023, the company provided loans amounting to Rs. -1,400.00, while no such activity was reported in 2022.

2. Net Cash Flow from Financing Activities:

The Net Cash Flow from financing activities was negative at Rs. -1,400.00 in 2023, reflecting the outflow of funds for providing loans.

Summary of Cash and Cash Equivalents:

Beginning of the Year:

Cash and cash equivalents at the beginning of 2023: Rs. 4,004.15

Cash and cash equivalents at the beginning of 2022: Rs. 968.59

End of the Year:

Cash and cash equivalents at the end of 2023: Rs. 469.02

Cash and cash equivalents at the end of 2022: Rs. 4,004.15

Bellow are the Financial Ratios

Here is a summary of the financial and operational metrics for P R Holdings Limited for the years 2023 and 2022:

1. Current Ratio:

2023: The current ratio increased significantly to 31.82 times, indicating a substantial improvement in the company 's ability to cover short-term liabilities with short-term assets.

2022: The previous year 's current ratio was 11.05 times, suggesting a noteworthy enhancement in liquidity.

2. Return on Equity (ROE) Ratio:

2023: ROE surged to 9%, showcasing improved profitability in relation to shareholders ' equity.

2022: In the prior year, the ROE was 2%, indicating a substantial increase in returns for shareholders in 2023.

3. Return on Investment (ROI) Ratio:

2023: ROI stands at 11%, signifying a positive return on the company 's investments during the year.

2022: The ROI was not available, possibly due to the absence of specific investment return data.

4. Net Capital Turnover Ratio:

2023: The net capital turnover ratio declined to 0.08 times, suggesting a potential decrease in efficiency in utilizing capital to generate sales.

2022: In the preceding year, the ratio was 0.16 times, indicating a higher efficiency in capital utilization.

5. Net Profit Ratio:

2023: The net profit ratio soared to 63.15%, demonstrating a substantial improvement in profitability relative to total revenue.

2022: The previous year 's net profit ratio was 18.77%, showcasing a significant increase in profitability in 2023.

6. Return on Capital Employed (ROCE) Ratio:

2023: ROCE increased to 8.70%, signifying a better efficiency in using capital to generate profits.

2022: In the prior year, the ROCE was 1.56%, indicating a significant improvement in capital efficiency in 2023.