Polymatech Annual Reports, Balance Sheet and Financials

Polymatech Electronics Limited Balance Sheet (Amt In Rs.)

Polymatech Electronics Limited Profit & Loss Statement (Amt In Rs.)

Polymatech Electronics Limited Consolidated Cash Flow Statement (Amt In Rs.)

Let 's break down the Cash Flow Statement for the years 2023 and 2022, activity-wise:

 Cash Flow from Operating Activities:

- 2023: The company generated ₹44,32,74,325 from its operating activities. This significant inflow indicates a substantial positive cash flow from its core business operations.

- 2022: In contrast, in 2022, the company only generated ₹48,39,067 from its operating activities, indicating a much lower cash flow compared to 2023.

 Cash Flow from Investing Activities:

- 2023: No specific cash flow information is provided for investing activities.

- 2022: The company invested a substantial amount in purchasing fixed assets, amounting to ₹80,36,52,539, resulting in a significant outflow of cash from investing activities.

 Cash Flow from Financing Activities:

- 2023: The company engaged in various financing activities, including raising paid-up capital, share premium, and share application, totaling ₹81,35,47,000. Additionally, there was an increase in borrowings netting to ₹4,51,08,142, resulting in a significant inflow of cash from financing activities.

- 2022: Similar to 2023, the company engaged in financing activities, primarily raising paid-up capital and share premium, which resulted in an inflow of cash. There was also a decrease in borrowings, resulting in a net outflow of cash from financing activities.

 Net Increase/(Decrease) in Cash and Cash Equivalents:

- 2023: The company experienced a substantial increase in cash and cash equivalents, amounting to ₹41,31,10,219. This indicates a significant improvement in the company 's liquidity position during the year.

- 2022: In contrast, in 2022, there was only a slight increase in cash and cash equivalents, amounting to ₹2,39,838, indicating relatively stable liquidity compared to 2023.

 Cash and Cash Equivalents:

- 2023: The company ended the year with a substantial amount of cash and cash equivalents, totaling ₹41,34,10,357, reflecting a robust liquidity position.

- 2022: In 2022, the company had a relatively lower balance of cash and cash equivalents at the end of the year, amounting to ₹3,00,138.

Financial Ratios of Polymatech Electronics Limited:

Insights into the financial health and performance of the company in 2023:

1. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): EBITDA is at an impressive 365.03%, indicating that the company 's operational earnings are strong relative to its revenue.

2. Net Worth: The net worth of the company stands at 323.28%, reflecting a robust financial position with assets exceeding liabilities by a significant margin.

3. Debt/Equity Ratio: The company 's debt/equity ratio is 0.13, indicating a conservative capital structure with low reliance on debt financing relative to equity.

4. Return on Equity (ROE): The return on equity is 51.61%, indicating that the company is generating a high return for its shareholders relative to their equity investments.

5. Total Assets: Total assets are at 181.80% of the company 's equity, indicating that the company has substantial assets relative to its equity base.

6. Fixed Assets: Fixed assets represent 71.22% of the company 's total assets, indicating a significant portion of the assets is tied up in long-term investments such as property, plant, and equipment.

7. Current Assets: Current assets are at a high level of 398.14% of the company 's equity, indicating strong liquidity and the ability to meet short-term obligations.

8. Current Liabilities: Current liabilities represent only 33.72% of the company 's equity, indicating a comfortable liquidity position and low short-term debt obligations.

9. Trade Receivables: Trade receivables are at 416.01% of the company 's equity, which could indicate that the company has a significant amount of revenue tied up in outstanding invoices.

10. Trade Payables: Trade payables are at 27.61% of the company 's equity, indicating a favorable payment term with suppliers.

11. Current Ratio: The current ratio is 8.94, indicating a high level of liquidity and the ability to cover short-term liabilities with current assets nearly nine times over.

Dividend History of Polymatech Electronics Limited: