Priya International Limited Annual Report and Financials

Particulars

March 31, 2023

March 31, 2022

I ASSETS

(1) Non - current assets

(a) Property, plant and equipment

5.44

6.76

(b) Right to use Assets

-

1.44

(i) Investments

49.64

59.85

(ii) Loans

1,189.99

1,118.64

(iii) Other financial assets

11.76

68.68

(c) Deferred tax assets (net)

55.4

68.51

Total Non - Current Assets

1,312.23

1,323.88

(2) Current assets

(a) Inventories

17.31

39.17

(b) Financial assets

(i) Trade receivables

76.6

195.17

(ii) Cash and cash equivalents

8.42

8.38

(iii) Bank balances other than (ii) above

1.7

1.51

(iv) Loans

30.62

23.99

(v) Other financial assets

202.03

234.44

(c) Other current assets

3.83

6.4

Total Current Assets

340.51

509.06

TOTAL ASSETS

1,652.74

1,832.94

II EQUITY AND LIABILITIES

EQUITY

(a) Equity share capital

99.6

99.6

(b) Other equity

1,065.67

1,073.57

Total Equity

1,165.27

1,173.17

LIABILITIES

(1) Non - current liabilities

(a) Financial liabilities

(i) Borrowings

46

84.11

(b) Provisions

104.42

127.61

Total Non - Current Liabilities

150.42

211.72

(2) Current liabilities

(a) Financial liabilities

(i) Borrowings

43.58

52.72

(ii) Trade payables

129.01

225.27

(iii) Other financial liabilities

2.27

2.73

(iv) Lease Liabilities

-

1.71

(b) Other current liabilities

39.57

17.26

(c) Provisions

71.11

107.86

(d) Current tax liabilities (net)

51.51

40.5

Total Current Liabilities

337.05

448.05

TOTAL EQUITY AND LIABILTIES

1,652.74

1,832.94

Company profile

Summary of significant accounting policies

Particulars

2022-23

2021-22

Revenue from operations

718.31

974.32

Other income

138.42

167.07

Total Revenue

856.73

1,141.39

Expenses:

Purchases of stock - in - trade

341.71

568.4

Changes in inventories of stock - in - trade

21.86

34.45

Employee benefit expenses

225.14

233.15

Finance costs

11.75

25.68

Depreciation & amortization expense

2.76

16.97

Other expenses

202.38

157.09

Total Expenses

805.6

1,035.74

Profit before exceptional items & tax

51.13

105.65

Add: Exceptional items

-

-

Profit before tax

51.13

105.65

Less: Tax expense

(1) Current tax

for current year

-

34.5

for earlier years

24.18

0.87

(2) Deferred tax

13.51

-4.42

Total Tax Expenses

37.69

30.95

Profit after tax

13.44

74.7

Other Comprehensive Income

B. (i) Items that will not be reclassified to profit or loss

-11.78

26.64

(ii) Income tax relating to items that will not be reclassified to profit or loss

0.4

3

Total Other Comprehensive Income for the year

-11.38

29.64

Total Comprehensive Income for the year

2.06

104.34

Earning per equity share (Face Value of Rs. 10/- each)

(1) Basic

1.35

7.5

(2) Diluted

1.35

7.5

PARTICULARS

2022-23

2021-22

A) CASH FLOW FROM OPERATING ACTIVITIES

Net Profit before tax

51.13

105.65

Adjustment for :

Depreciation

1.33

2.47

Reclassification of remeasurement of employee benefits

-1.57

-11.91

Effect of lease account- Ind as 116

1.44

10.79

Effect of processing fees on loan - Ind as

0.34

0.89

Bad bebts written off/allowance for bad and doubtful debts

5.57

0.73

Interest income

-129.39

-156.91

Interest expense

11.38

24.13

Unwinding interest on deposits

-0.03

-0.65

Sundry balance written off /written back (net)

0.65

-0.57

ADJUSTMENTS FOR WORKING CAPITAL CHANGES :

Inventories

21.86

34.45

Trade receivables

113.01

-24.1

Other financial assets

19.54

-8.5

Other current assets

-4.54

-3.46

Other non current financial assets

56.91

2.19

Trade payable

-96.27

58.55

Other current liabilities

22.29

4.83

Short term provisions

-36.75

10.23

Cash generated from operations

13.4

66.31

Direct taxes paid (net of refund)

13.16

15.35

NET CASH GENERATED / (LOST) FROM (IN) OPERATING ACTIVITIES

0.24

50.96

B) CASH FLOW FROM INVESTING ACTIVITIES

Inter corporate deposit

-71.35

-91.6

Interest received

142.26

108

NET CASH IN INVESTING ACTIVITIES

70.91

16.56

C) CASH FLOW FROM FINANCING ACTIVITIES

Interest paid

-12.03

-23.73

Payment of Lease Liability

-1.71

-14.97

Dividend paid (including dividend tax)

-9.77

-9.75

Repayment of borrowings (47.60) (71.11) (68.97) (117.42)

NET CASH USED IN FINANCING ACTIVITIES

-71.11

-117.42

NET CHANGES IN CASH & CASH EQUIVALENTS(A+B+C)

0.04

-49.9

OPENING BALANCE OF CASH & CASH EQUIVALENTS

8.38

58.28

CLOSING BALANCE OF CASH & CASH EQUIVALENTS

8.42

8.38