River Front Hotels Latest Annual Report | Balance Sheet and Financials

River Front Hotels Limited (RFHL) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
Primex-40
River Front Hotels Limited

River Front Hotels Limited Limited Balance Sheet (In Rs)

Particulars	2022	2021
ASSETS
Non-Current Assets
(a) Property, Plant and Equipment	10,42,36,024	10,42,36,024
(b) Capital Work In Progress	1,80,09,183	1,80,09,183
(c) Investment Property	-	-
(d) Goodwill	-	-
(e ) Other Intangible Assets
(f) Intangible Assets under development	-	-
(g) Biological Assets other than bearer plants	-	-
(h) Financial Assets	-	-
(i)Investments	1,000	1,000
(ii) Trade Receivables
(iii) Loans	5,51,261	5,51,261
(iv) Deposits and Others	1,08,441	1,07,100
(i)Deferred Tax Assets (Net)	3,624	4,062
(j) Other Non-Current Asset
Sub-Total- Non-Current	12,29,09,533	12,29,08,630
Assets
Current Assets
Current Assets	-	-
(a) Inventories
(b) Financial Assets	-	-
(i) Investments	-	-
(ii) Trade Receivables	-42,52,904	-40,44,176
(iii) Cash and Cash Equivalents
(iv) Bank Balances other than (iii) above
(v) Loans
(vi) Others
(c) Current Tax Assets (Net)
(d) Other Current Assets
Sub-Total-Current Assets	42,52,904	40,44,176
TOTAL ASSETS	12,71,62,437	12,69,52,806
EQUITY AND LIABILITIES
Shareholder’s Funds
(a) Equity Share Capital	3,00,74,550	3,00,74,550
(b) Other Equity	-3,12,638	11,19,767
Sub-Total Equity	2,97,61,912	3,11,94,317
LIABILITIES
(a) Financial Liabilities	-	-
(i) Borrowings	4,90,605	4,90,605
(ii) Trade Payables	6,59,702.00	6,58,361.00
(iv) Financial Liability other than (b)	-	-
(b) Provisions
(c) Deferred Tax Liabilities (Net)	-	-
(d) Other Non-Current Liabilities	9,65,79,120	9,49,79,120
Sub-Total-Non-Current Liabilities	9,70,69,725	9,54,69,725
Current Liabilities	42,52,903.00	40,44,176.00
(a) Financial Liabilities	-	-
(i) Borrowings	-	-
(ii) Trade Payables
(iv) Other Financial Liabilities
(b) Other Current Liabilities
(c ) Provisions
(d) Current Tax Liabilities (Net)
Sub-Total- Current Liabilities
TOTAL – EQUITY AND LIABILTIES	12,71,62,437.00	12,69,52,806.00

River Front Hotels Limited Limited Profit & Loss Statement (In Rs)

Particulars	2022	2021
Income
Revenue from Operations	30,83,428	30,77,333
Other Income	1,67,909	2,05,992
Total Income(I+II)	32,51,337	32,83,325
Expenses:
Cost of Material Consumed	23,09,242	21,17,360
Purchases of Stock-in-Trade	-	-
Changing in Inventories of Finished Goods, Work-in-Progress and Stock-in-Trade	-	-
Employee Benefits Expense	4,94,000	5,82,000
Finance Cost	-	-
Depreciation and Amortization Expense	-	-
Depreciation and Amortization Expense	-	-
Other Expenses	18,80,063	5,01,514
Total Expenses	46,83,305	32,00,874
Profit before Exceptional and Extraordinary Items and Tax (III-IV)	-14,31,968	82,451
	-14,31,968	82,451
Exceptional Items	-	-
Profit before Extraordinary Items
and Tax (V-VI)	-14,31,968	82,451
Extraordinary Items	-	56,459
Profit before Tax (VII-VIII)	-14,31,968	25,991
Tax Expense:	437	22,006
(1) Current Tax	-	20,264
(2) Deferred Tax	437	1,742
Profit/(Loss) for the period from Continuing Operations (IX-X)	-14,32,405	3,985
	-14,32,405	3,985
Profit/(Loss) from Discontinuing Operations	-	-
Tax Expense of Discontinuing
Operations	-	-
Profit/(Loss) from Discontinuing Operations (after tax) (XII-XIII)	-	-
	-	-
Profit/(Loss) for the Period (XI+XIV)	-14,32,405	3,985
Other Comprehensive Income	-	-
A. (i) Items that will not be reclassified to Profit or Loss	-	-
(ii) Income tax relation to items that will not be reclassified to Profit & Loss	-	-
	-	-
B. (i) Items that will be reclassified to Profit or Loss	-	-
B. (i) Items that will be reclassified to Profit or Loss	-	-
(ii) Income tax relation to items that will be reclassified to Profit & Loss	-	-
	-	-
Total Comprehensive Income for the period (XV+XVI) Comprising profit/Loss and Other Comprehensive Income for the period	-14,32,405	3,985
Earning per Equity Share: (For continuing operations)	-0.476	0.001
Earning per Equity Share: (For continuing operations)	-0.476	0.001
(1) Basic
(2) Diluted
Earning per Equity Share: (For discontinued & continuing operations) (1) Basic	0.476	0.001
	0.476	0.001
(2) Diluted

River Front Hotels Limited Limited Consolidated Cash Flow Statement (In Rs)

Particulars	2022
CASH FLOW FROM OPERATING ACTIVITIES
Net Profit before Tax and Extraordinary items	-14,31,968
Adjustments for :
Depreciation	-
Provision for Income Tax	-
Extra Ordinary Items	-
Interest Income	-1,67,909
Operating Profit Before Working Capital Changes	-15,99,877
Adjustments for :
Proceeds from / (repayment of ) long term borrowings	-
Trade Payable & Other Long Term Liabilities	16,22,036
Trade Receivable & Long Term Loans and advances	-1,341
Audit Fees Payable	20,000
Cash Generated From / (Used In) Operations	40,818
Taxes Paid	-
Interest Paid	-
Cash Flow Before Extraordinary Items	40,818
Other adjustments	-
Net Cash from Operating Activities	40,818
CASH FLOW FROM INVESTING ACTIVITIES:
Purchase of Fixed Assets	-
Sale of Fixed Assets	-
Interest Received	1,67,909
Net Cash Used in Investing Activities	1,67,909
CASH FLOW FROM FINANCING ACTIVITIES:
CASH FLOW FROM FINANCING ACTIVITIES:
Net Cash Generated in Financing Activities	-
Net Increase in Cash and Cash Equivalents	2,08,727
Cash And Cash Equivalents as at the Beginning of the year	40,44,176
Cash And Cash Equivalents as at the Closing of the year	42,52,903

Here is a summary of the Cash Flow Statement for the years 2022 and 2021:

1. Net Profit before Tax and Extraordinary Items: The company reported a net profit before tax and extraordinary items of -14,31,968.

2. Operating Profit Before Working Capital Changes: After accounting for adjustments like interest income of -1,67,909, the operating profit before working capital changes stood at -15,99,877.

3. Adjustments for Working Capital Changes: Further adjustments were made for changes in working capital, including proceeds from or repayment of long-term borrowings, trade payable and other long-term liabilities, trade receivable and long-term loans, and advances, as well as audit fees payable. The net effect of these adjustments resulted in a cash generation of 40,818 from operating activities.

4. Cash Flow Before Extraordinary Items: The cash flow before extraordinary items remained at 40,818.

5. Cash Flow from Investing Activities: The company did not engage in the purchase or sale of fixed assets during the period. However, it received interest amounting to 1,67,909, leading to a net cash inflow of 1,67,909 from investing activities.

6. Cash Flow from Financing Activities: The statement does not provide details on net cash generated or used in financing activities.

7. Net Increase in Cash and Cash Equivalents: The net increase in cash and cash equivalents for the year was 2,08,727.

8. Cash and Cash Equivalents: The company started the year with cash and cash equivalents of 40,44,176 and ended the year with 42,52,903.

Financial Ratios

Ratio	2022	2021
Current ratio	12.86	14.01
Debt equity ratio	326.15%	306.05%
Return on equity	-4.81%	0.01%
Net capital turnover ratio	0.1	0.1
Net profit ratio	-46.45%	0.13%
Return on capital employed	-1.13%	0.00%
Return on investment	-1.13%	0.00%

Summary of Financial Ratios for the years 2022 and 2021:

1. Current Ratio: The current ratio measures the company 's ability to meet short-term obligations with its short-term assets. In 2022, the current ratio decreased to 12.86 from 14.01 in 2021. While both ratios are relatively high, indicating a strong ability to cover short-term liabilities, the decrease may suggest a change in the composition of current assets or liabilities.

2. Debt Equity Ratio: The debt equity ratio signifies the proportion of a company 's financing that comes from debt compared to equity. In 2022, the ratio increased to 326.15% from 306.05% in 2021, indicating a higher reliance on debt for financing. This could pose a higher financial risk due to increased interest obligations.

3. Return on Equity (ROE): ROE reflects the company 's profitability in relation to shareholders ' equity. The negative ROE of -4.81% in 2022 is a concerning sign, indicating that the company incurred a net loss relative to its equity. In contrast, the marginal positive ROE of 0.01% in 2021 suggests minimal profitability.

4. Net Capital Turnover Ratio: The net capital turnover ratio measures how efficiently the company utilizes its capital to generate revenue. The ratio of 0.1 remained constant from 2021 to 2022, indicating that the company generated 10 cents of revenue for every dollar of capital employed. This may imply a stable efficiency in capital utilization.

5. Net Profit Ratio: The net profit ratio represents the percentage of net profit to total revenue. The significant drop in the net profit ratio from 0.13% in 2021 to -46.45% in 2022 is alarming. The negative ratio suggests that the company incurred more expenses than it generated in revenue, resulting in a net loss.

6. Return on Capital Employed (ROCE): ROCE measures the efficiency of capital utilization, considering both equity and debt. The negative ROCE of -1.13% in 2022 and 0.00% in 2021 indicates that the company 's capital was not effectively employed to generate returns during both periods.

7. Return on Investment (ROI): Similar to ROCE, ROI assesses the efficiency of capital utilization. The negative ROI of -1.13% in 2022 and 0.00% in 2021 reiterates the suboptimal performance in generating returns on the overall capital invested.

Dividend History (NA)

River Front Hotels Annual Report

River Front Hotels Annual Report 2021-22

Download

River Front Hotels Latest Annual Report, Balance Sheet and Financials

River Front Hotels Limited (RFHL) Return Comparision with Primex 40 Index

River Front Hotels Limited Limited Balance Sheet (In Rs)

River Front Hotels Limited Limited Profit & Loss Statement (In Rs)

River Front Hotels Limited Limited Consolidated Cash Flow Statement (In Rs)

Financial Ratios

Dividend History (NA)

River Front Hotels Annual Report

River Front Hotels Annual Report 2021-22

Most Searched Unlisted & Pre IPO Companies Stocks in India

HDB Financial

NSE India

BIRA

Capgemini

Hero Fincorp

Nayara Energy

OTIS Elevator

Sterlite Power

Care Health

PharmEasy

Philips India

Hexaware

Vikram Solar

Reliance GIC

OYO Rooms

BOAT

Tata Capital

SBI AMC

Swiggy Limited

Waree Energies

Rapido

Incred Holdings

News Alert