Pearl Apartments Limited Annual Reports, Balance Sheet & Financials

Pearl Apartments Limited Balance Sheet (In Rs.)

Pearl Apartments Limited Profit & Loss Statement (In Rs.)

Pearl Apartments Limited Consolidated Cash Flow Statement (In Rs.)

 Here is a summary of the Cash Flow Statement for the years 2021 and 2020:

Cash Flow from Operating Activities:

This section outlines the cash generated or used by the company 's core business operations.

Net profit before tax decreased significantly from 67,80,316 in 2020 to 24,91,499 in 2021, indicating a decline in profitability.

Adjustments for non-cash expenses such as depreciation and amortization increased from 10,90,866 to 15,29,761, reflecting higher asset depreciation.

Interest expenses decreased from 9,79,944 to 5,67,387, indicating lower borrowing costs.

There was no interest income in 2021 compared to 84,473 in 2020.

Loss on the sale of assets was absent in 2021, whereas it amounted to 9,84,747 in 2020.

Operating profit before working capital changes decreased from 1,05,11,591 to 43,42,959.

Changes in other receivables and payables also affected cash flow from operations.

Despite these changes, cash generated from operations decreased from 47,04,903 in 2020 to 37,57,106 in 2021.

Taxes paid decreased from 14,81,851 to 12,97,502.

Overall, net cash from operating activities decreased from 32,23,052 in 2020 to 24,59,604 in 2021.

Cash Flow from Investing Activities:

This section details the cash flow associated with the purchase and sale of long-term assets and investments.

Additions during the period decreased from -1,24,91,997 in 2020 to -1,74,941 in 2021.

There was no purchase of intangible assets in 2021.

Proceeds from the sale of fixed assets decreased from 45,02,319 in 2020 to zero in 2021.

The company purchased investments worth -8,754 in 2020 but made no such purchases in 2021.

Sale of investments generated 14,44,331 in cash flow in 2021.

Income from the revaluation of investments decreased from -5,91,245 in 2020 to -1,441 in 2021.

Overall, net cash used in investing activities decreased significantly from -86,74,151 in 2020 to 14,86,077 in 2021.

Cash Flow from Financing Activities:

This section deals with cash flows related to the company 's financing activities, such as borrowing and repayment of debt.

Proceeds from long-term borrowings decreased from 33,89,657 in 2020 to 27,04,451 in 2021.

Payment from other long-term liabilities increased significantly from 25,40,628 in 2020 to -53,36,786 in 2021.

Interest paid decreased from 9,79,944 in 2020 to 5,67,387 in 2021.

Overall, net cash used in financing activities decreased from 49,50,341 in 2020 to -31,99,722 in 2021.

Closing Cash and Cash Equivalents:

The company 's cash and cash equivalents increased from 7,31,772 at the beginning of 2021 to 14,77,731 at the end of 2021, indicating a positive cash flow for the period.

In contrast, cash and cash equivalents decreased from 12,32,530 at the beginning of 2020 to 7,31,772 at the end of 2020, indicating negative cash flow for the period.

Financial Ratios of Pearl Apartments Limited

Here is a summary of the financial and operational metrics for Pearl Apartments Limited for the years 2021 and 2020:

Current Ratio:

In 2021, the current ratio was 0.59, indicating that the company 's current assets were only 59% of its current liabilities.

This suggests that Pearl Apartments Limited may have had difficulty meeting its short-term obligations with its available current assets.

Interest Coverage Ratio:

The interest coverage ratio in 2021 was 7.92, which indicates that the company 's operating income was sufficient to cover its interest expenses approximately 7.92 times.

This implies that Pearl Apartments Limited had a comfortable margin of safety in meeting its interest payments.

Debt Equity Ratio:

The debt equity ratio for 2021 was 0.07, indicating that for every dollar of equity, the company had 7 cents of debt.

Pearl Apartments Limited seems to have a conservative capital structure with a low level of debt compared to equity.

Operating Profit Margin:

The operating profit margin for 2021 was 91.66%, indicating that the company earned $0.92 in operating profit for every $1 of revenue generated.

This suggests that Pearl Apartments Limited was efficiently managing its operating expenses relative to its revenue.

Net Profit Margin:

The net profit margin in 2021 was 37.17%, indicating that the company 's net income was $0.37 for every $1 of revenue.

While the net profit margin is relatively high, it has decreased from the previous year, which might be an area of concern. Further analysis is needed to understand the reasons behind this decline.

Dividend History

Pearl Apartments Limited Recent Financial Performance

Dividend per Share: The specific dividend per share figure for 2021 and 2020 is not provided. Dividend per share represents the portion of a company 's earnings that is distributed to shareholders in the form of dividends. A higher dividend per share may indicate that the company is sharing more of its profits with shareholders.

Retained Earnings: Retained earnings for 2021 amounted to Rs. 21,21,30,233, while in 2020, they were Rs. 21,10,96,966. Retained earnings represent the portion of a company 's profits that is reinvested in the business rather than distributed as dividends. An increase in retained earnings suggests that the company has retained more of its profits for reinvestment or future growth.

To provide a more comprehensive analysis, it would be necessary to consider additional financial metrics such as revenue, net profit, assets, liabilities, and cash flows. Additionally, an analysis of trends over multiple years and a comparison to industry benchmarks and competitors would help in assessing the company 's financial health and performance.