Ranjan Polysters Annual Report & Financials

Ranjan Polysters Limited Balance Sheet (Rs in lakhs)

Ranjan Polysters Limited Profit & Loss Statement (Rs in lakhs)

Ranjan Polysters Limited Consolidated Cash Flow Statement (Rs in lakhs)

Here is a summary of the Cash Flow Statement for the years 2023 and 2022:

Cash Flow from Operating Activities:

Net Profit before tax:

31-03-2023: 398.94

31-03-2022: 93.48

Analysis: Significant increase in profitability before tax, indicating improved operational performance.

Depreciation and amortization expense:

31-03-2023: 163.71

31-03-2022: 126.36

Analysis: Higher depreciation expense reflects increased investment in fixed assets.

Operating profit before working capital changes:

31-03-2023: 677.02

31-03-2022: 317.82

Analysis: Substantial increase in operating profit due to improved operational efficiency.

Changes in working capital:

Inventories, Trade receivables, Trade payables: Significant changes impacting cash flows from operations, indicating adjustments in inventory management and receivables/payables turnover.

Income Tax Assets (Net):

31-03-2023: 97.15

31-03-2022: -23.51

Analysis: Positive net income tax assets in 2023 compared to a net liability in 2022, impacting cash flows positively.

Net cash flow from operating activities:

31-03-2023: 552.39

31-03-2022: 89.53

Analysis: Significant increase in cash generated from operations, reflecting improved profitability and working capital management.

Cash Flow from Investing Activities:

Capital expenditure on PP&E:

31-03-2023: -862.43

31-03-2022: -177.59

Analysis: Large increase in capital expenditure indicates significant investment in property, plant, and equipment (PP&E).

Net cash flow from investing activities:

31-03-2023: -844.1

31-03-2022: -131.5

Analysis: Substantial cash outflow due to increased capital expenditures, indicating expansion or modernization of facilities.

Cash Flow from Financing Activities:

Proceeds / (Repayment) from long-term borrowings:

31-03-2023: 430.36

31-03-2022: 141

Analysis: Significant increase in borrowing, likely for funding capital expenditures or operational needs.

Net cash flow from financing activities:

31-03-2023: 290.93

31-03-2022: 42.79

Analysis: Increased cash flow from financing activities, indicating higher external financing activities.

Financial Ratios of Ranjan Polysters Limited

Current Ratio:

31-03-2023: 1.87

31-03-2022: 1.85

Analysis: The current ratio measures the company's ability to pay its short-term obligations. An increase from 1.85 to 1.87 indicates a slight improvement in liquidity, with the company having slightly more current assets to cover its current liabilities.

Debt-Equity Ratio:

31-03-2023: 1.29

31-03-2022: 1.20

Analysis: The debt-equity ratio indicates the proportion of debt and equity used to finance the company's assets. An increase from 1.20 to 1.29 suggests higher reliance on debt financing compared to equity, which could increase financial risk.

Debt Service Coverage Ratio:

31-03-2023: 1.9

31-03-2022: 1.44

Analysis: This ratio measures the company's ability to cover its debt obligations from its operating income. An increase from 1.44 to 1.9 indicates improved ability to service its debt, which is a positive sign of financial health.

Return on Equity (ROE):

31-03-2023: 23.38%

31-03-2022: 5.16%

Analysis: ROE measures the profitability relative to shareholders' equity. The significant increase from 5.16% to 23.38% indicates improved profitability and efficient use of equity capital.

Inventory Turnover Ratio:

31-03-2023: 18.18

31-03-2022: 11.22

Analysis: This ratio shows how efficiently inventory is managed. An increase from 11.22 to 18.18 indicates faster turnover of inventory, which is generally positive as it reduces holding costs and improves cash flow.

Trade Receivables Turnover Ratio:

31-03-2023: 7.32

31-03-2022: 5.81

Analysis: This ratio indicates how quickly receivables are collected. An increase from 5.81 to 7.32 suggests improved efficiency in collecting receivables, which is beneficial for cash flow.

Trade Payables Turnover Ratio:

31-03-2023: 6.27

31-03-2022: 4.01

Analysis: This ratio measures how quickly the company pays its suppliers. An increase from 4.01 to 6.27 indicates improved management of payables, which could benefit working capital management.

Net Capital Turnover Ratio:

31-03-2023: 8.42

31-03-2022: 7.06

Analysis: This ratio measures how effectively capital is used to generate revenue. An increase from 7.06 to 8.42 suggests improved efficiency in capital utilization.

Net Profit Ratio:

31-03-2023: 3.38%

31-03-2022: 1.01%

Analysis: This ratio shows the company's net profit margin. An increase from 1.01% to 3.38% indicates improved profitability per rupee of sales.

Return on Capital Employed (ROCE):

31-03-2023: 16.64%

31-03-2022: 7.77%

Analysis: ROCE measures the return generated from capital employed in the business. The increase from 7.77% to 16.64% indicates significant improvement in capital efficiency and profitability.

Return on Investment (ROI):

31-03-2023: 12.97%

31-03-2022: 6.16%

Analysis: ROI measures the return on total investment. The increase from 6.16% to 12.97% indicates improved efficiency in generating returns for all stakeholders.

Dividend history

 The Board of Directors does not recommend any dividend for the year.