Roadways India Ltd Annual Report | Balance Sheet

Roadways India Limited (ROADWAYS) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
Primex-40
Roadways India Limited

Roadways India Limited Balance Sheet (Rs In Hundred)

Particulars	2023	2022
ASSETS
1 Non-current assets
(a) Property, plant and equipment	368547.6	324413.65
(b) Other intangible assets	1590.6	3115.19
(c) Financial assets
(i) Investments	1579.04	1460.01
(ii) Other financial assets	2235	2485
Sub-total - Non-Current Assets	373952.24	331473.85
2 Current assets
(a) Financial assets
(i) Trade receivables	1271588.13	1220967.81
(ii) Cash and cash equivalents	5705.46	4583.68
(iii) Bank balances other than (ii) above	77857.02	29944.56
(iv) Other Bank Balances	1874905.47	1350350.19
(v) Other financial assets	48298.21	59899.67
(b) Current Tax Assets (net)	145410.42	269643.42
(c) Other Current Assets	30742.56	20033.41
Sub-total - Current Assets	3454507.27	2955422.73
TOTAL - ASSETS	3828459.51	3286896.58
EQUITY AND LIABILITIES
Equity
(a) Equity Share capital	352020	352020
(b) Other equity	17,87,100.72	13,07,430.62
Sub-total - Shareholders ' funds	21,39,120.72	16,59,450.62
LIABILITIES
1 Non-current liabilities
(a) Financial liabilities
(i) Borrowings	12,50,000	12,50,000
(ii) Other financial liabilities	74,111.79	89,510.16
(b) Provisions	3068.07	3207.7
(c) Deferred tax liabilities	13060.89	16382.23
Sub-total - Non-current liabilities	13,40,240.75	13,59,100.09
2 Current liabilities
(a) Financial liabilities
(i) Borrowings	103000	103000
(ii) Trade Payables	111093.71	67304.74
(iii) Other financial liabilities	86,599.29	4 0,485.91
(b) Other current liabilities	48,405.04	57,555.21
Sub-total - Current liabilities	3 ,49,098.04	2,68,345.86
TOTAL - EQUITY AND LIABILITIES	38,28,459.51	32,86,896.58

Roadways India Limited Profit & Loss Statement (Rs In Hundred)

Particulars	2023	2022
I. Revenue from operations	55,74,637.52	46,37,272.27
II. Other Income	4,15,846.29	69,870.08
III. Total Income (I + II)	59,90,483.81	47,07,142.35
IV. Expenses:
Operating Expenses	48,94,911.55	41,24,688.98
Employee Benefits Expense	2,49,557.76	2,58,326.89
Finance Costs	1,23,570.20	1,07,348.42
Depreciation and Amortization Expense	63,543.99	43,903.57
Other Expenses	1,73,498.69	1,66,094.69
Total Expenses (IV)	55,05,082.19	47,00,362.55
V. Profit Before Exceptional Items and Tax	4,85,401.62	6,779.80
VI. Profit Before Tax (V - VI)	4,85,401.62	6,779.80
VII. Tax Expense :
Current Tax	6,895.30	10,013.70
Deferred Tax	-3,321.34	-505.89
Current Tax Adj pertaining to Earlier Yrs	2,157.57	-
VIII. Profit (Loss) for the Year (VII - VIII)	4,79,670.09	-2,728.01
IX. Earnings per equity share of ` 10 each
(1) Basic	13.63	-0.08
(2) Diluted	13.63	-0.08

Roadways India Limited Consolidated Cash Flow Statement (Rs In Hundred)

Particulars	2023	2022
Cash Flow from Operating Activities
Net profit before Tax & Extraordinary items	4,85,401.62	6,779.80
Adjustments for:
Depreciation	63,543.99	43,903.57
Interest & Finance Charges	1,23,570.20	1,07,348.42
Loss/(Profit) on sale of Fixed Assets	45.96	4,415.80
Interest Income	-80,726.07	-55,156.53
Buy Back of shares	(2,97,499.99)
Dividend Income	-5,950.22	-5,950.00
Operating Profits before working Capital changes	2,88,385.50	1,01,341.06
Adjustments for:
Trade & other receivables	-50,620.32	3,27,340.29
Trade & other Payables	34,499.17	23,297.16
Cash generated from operations	2,72,264.34	4,51,978.51
Direct Taxes paid	-9,052.87	-10,013.70
Interest received	80,726.07	55,156.53
Cash Flow before extra ordinary items	3,43,937.54	4,97,121.34
Net Cash from operating activities	3,43,937.54	4,97,121.34
Cash Flow from Investing Activities
Purchase of Fixed Assets	(1,17,054.31)	(1,51,046.59)
Sale of Fixed Assets	10,855.00	5,365.00
Change in Loans & Advances	1,25,375.30	-77,624.37
Dividend Income	5,950.22	5,950.00
Purchase of Shares	-119.04
Buy Back of shares	2,97,499.99
Net Cash used in investing activities	3,22,507.16	(2,17,355.96)
Cash Flow from Financing Activities
Interest & Finance Charges	(1,23,570.20)	(1,07,348.42)
Hire Purchase Finance Liabilities	30,715.01	1,29,996.07
Unsecured Loans	-	2,13,023.75
Net Cash used in Financing Activities	-92,855.19	2,35,671.40
Net Increase in Cash and Cash equivalents (A+B+C)	5,73,589.52	5,15,436.79
Cash & Cash Equivalents at begining of the period	13,84,878.43	8,69,441.64
Cash & Cash Equivalents at close of the period	19,58,467.95	13,84,878.43
	19,58,467.95	13,84,878.43

Certainly, here is a summary of the Cash Flow Statement for the years 2023 and 2022

1. Cash Flow from Operating Activities:

In 2023, the net profit before tax and extraordinary items amounted to INR 4,85,401.62, a substantial increase from the INR 6,779.80 reported in 2022.

Adjustments include depreciation of INR 63,543.99 and interest & finance charges of INR 1,23,570.20, reflecting an upward trend compared to INR 43,903.57 and INR 1,07,348.42 in 2022, respectively

The profit or loss on the sale of fixed assets shifted from INR 4,415.80 in 2022 to INR 45.96 in 2023, indicating a significant change.

Interest income showed a positive change, increasing from INR -55,156.53 in 2022 to INR -80,726.07 in 2023.

A notable buyback of shares in 2023 amounted to INR -2,97,499.99, while dividend income remained stable at INR -5,950.22.

The operating profits before working capital changes increased significantly to INR 2,88,385.50 in 2023, compared to INR 1,01,341.06 in 2022.

Adjustments for trade & other receivables and trade & other payables contributed to a decrease in cash generated from operations, which stood at INR 2,72,264.34 in 2023, down from INR 4,51,978.51 in 2022.

Direct taxes paid amounted to INR -9,052.87 in 2023 and INR -10,013.70 in 2022, reflecting a slight decrease.

Interest received increased to INR 80,726.07 in 2023, compared to INR 55,156.53 in 2022.

The cash flow before extraordinary items in 2023 was INR 3,43,937.54, showing a decrease from INR 4,97,121.34 reported in 2022.

2. Cash Flow from Investing Activities:

In 2023, there was a significant purchase of fixed assets amounting to INR -1,17,054.31, while the sale of fixed assets contributed INR 10,855.00.

A positive change in loans & advances was notable, amounting to INR 1,25,375.30 in 2023, in contrast to INR -77,624.37 in 2022.

Dividend income remained steady at INR 5,950.22, and the company reported the purchase of shares amounting to INR -119.04.

The buyback of shares in 2023 was substantial, totaling INR 2,97,499.99.

The net cash used in investing activities increased to INR 3,22,507.16 in 2023, compared to the outflow of INR -2,17,355.96 in 2022.

3. Cash Flow from Financing Activities:

The company incurred interest & finance charges of INR -1,23,570.20 in 2023, a slight increase from INR -1,07,348.42 in 2022.

Hire purchase finance liabilities increased to INR 30,715.01 in 2023, compared to INR 1,29,996.07 in 2022.

Unsecured loans reported in 2022 were not present in 2023, impacting the overall cash flow.

The net cash used in financing activities in 2023 was INR -92,855.19, in contrast to the inflow of INR 2,35,671.40 in 2022.

4. Net Increase in Cash and Cash Equivalents:

The net increase in cash and cash equivalents in 2023 was INR 5,73,589.52, showing positive momentum compared to the INR 5,15,436.79 reported in 2022.

5. Cash & Cash Equivalents:

The closing balance of cash and cash equivalents for 2023 stood at INR 19,58,467.95, marking an increase from the INR 13,84,878.43 at the beginning of the period. These figures indicate improved financial health for the company in 2023.

This detailed breakdown of the cash flow statement provides a comprehensive understanding of the company 's financial activities and performance for the years 2023 and 2022, all in INR.

Roadways India Limited Annual Reports, Balance Sheet and Financials

Roadways India Limited (ROADWAYS) Return Comparision with Primex 40 Index

Roadways India Limited Balance Sheet (Rs In Hundred)

Roadways India Limited Profit & Loss Statement (Rs In Hundred)

Roadways India Limited Consolidated Cash Flow Statement (Rs In Hundred)

Roadways India Annual Report

Roadways India Annual Report 2022-23

Roadways India 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