Rishabh Enterprises Limited Annual Report and Financials

RISHABH ENTERPRISES LIMITED Balance Sheet (In Rs “00”)

 RISHABH ENTERPRISES LIMITED Profit & Loss Statement (In Rs “00”)

RISHABH ENTERPRISES LIMITED Consolidated Cash Flow Statement (In Rs “00”)

The provided data outlines the cash flow statement for the years 2023 and 2022, categorized into operating activities, investment activities, and financial activities.

A. Cash Flow from Operating Activities:

   - Net Profit Before Tax and Extra-ordinary Items increased from 2,908.81 in 2022 to 3,746.13 in 2023.

   - Operating Profit before Working Capital Changes also rose to 3,746.13 in 2023.

   - Changes in Working Capital include a decrease in Trade Payables by -196.89 and a decrease in Other Liabilities by -8.76. However, there was an increase in Inventories by 1,302.56 and a substantial increase in Other Current Assets by -7,308.54.

   - Cash Generated from Operations decreased from -4,362.52 in 2022 to -4,689.20 in 2023.

   - Income Tax Paid decreased from -812.06 in 2022 to -408.98 in 2023.

   - Overall, Net Cash from Operating Activities showed a decrease from -5,174.58 in 2022 to -5,098.18 in 2023.

B. Cash Flow from Investment Activities:

   - Sale of Investment and Net Loan Given both increased, resulting in a rise in Net Cash from Investment Activities from 4,850.00 in 2022 to 5,500.00 in 2023.

C. Cash Flow from Financial Activities:

   - Net Cash from Financing Activities is not explicitly provided in the data.

   - The Net Increase/(Decrease) in Cash and Cash Equivalents improved from -324.58 in 2022 to 401.83 in 2023.

   - The Cash and Cash Equivalents at the beginning of the year were 952.57 in 2022 and increased to 1,277.15. By the end of 2023, it further rose to 1,354.39.

Bellow, are the Financial Ratios

 The provided data presents various financial ratios for the year 2023, offering insights into the company 's performance and financial health.

1. EBITDA Margin:

   - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) margin is reported at 23.81%, indicating the company 's ability to generate operating profits relative to its revenue.

2. Networth Ratio:

   - The Networth ratio stands at 13.73%, reflecting the proportion of the company 's net assets to its total equity. This ratio provides insights into the company 's financial structure and stability.

3. Return on Equity (ROE):

   - Return on Equity is calculated at 1.45%, representing the company 's ability to generate profits from shareholders ' equity. A higher ROE is generally considered favorable, but the reported value suggests a relatively modest return.

4. Total Assets Ratio:

   - The Total Assets ratio is 13.55%, indicating the company 's ability to efficiently utilize its assets to generate revenue. This ratio is crucial for assessing asset management efficiency.

5. Fixed Assets Ratio:

   - Interestingly, the Fixed Assets ratio is reported as 0.00%, suggesting either a negligible amount of fixed assets or a specific business model that relies less on fixed assets.

6. Current Assets and Liabilities:

   - Current Assets ratio is relatively high at 19.11%, showcasing a healthy proportion of short-term assets in the company 's overall asset structure.

   - Current Liabilities and Trade Payables ratios are reported as -21.22% and -20.52%, respectively. Negative values in these ratios may require further investigation, as they could indicate anomalies in reporting or unique financial circumstances.

7. Current Ratio:

   - The Current Ratio is high at 68.68, suggesting that the company has sufficient short-term assets to cover its short-term liabilities. A ratio above 1.0 generally indicates a favorable liquidity position.