Shree Hanuman Sugar and Industries Annual Report and Financials

Shree Hanuman Sugar and Industries Limited Balance Sheet (Rs In Lakhs)

Shree Hanuman Sugar and Industries Limited Profit & Loss Statement (Rs In Lakhs)

Shree Hanuman Sugar and Industries Limited Consolidated Cash Flow Statement (Rs In Lakhs)

Certainly, here is a summary of the Cash Flow Statement for the years 2019 and 2018:

In 2023, the cash flow from operating activities demonstrated a noteworthy shift. The net profit before tax reflected a decrease, standing at -715.39 compared to -5,975.95 in 2022. Adjustments for various factors like depreciation, amortization, impairment, and write-offs influenced the overall operating profit, which landed at -42.23, a decrease from -1,182.62 in the previous year. Changes in working capital elements such as non-current assets, trade receivables, loans, current assets, and liabilities impacted the cash generated from operations, resulting in a lower figure of -119.05 compared to 1,233.23 in 2022. Consequently, the net cash from operating activities plunged to -161.27 from a modest 50.61 in 2022.

In terms of cash flows from investing activities, there were no sale proceeds from property, plant, and equipment in 2023, unlike the small proceeds of 31.5 in 2022, leading to a net cash outflow of - in 2023, aligned with the figure of -31.5 from the previous year.

The financing activities displayed contrasting movements in 2023 compared to 2022. Proceeds from borrowings increased to 160.59 from -108.6, showcasing a significant change in cash utilized for financing activities.

Ultimately, the net increase/decrease in cash and cash equivalents for 2023 was a marginal -0.68 compared to -26.49 in 2022. This resulted in a closing balance of cash and cash equivalents at 12.09 by the end of 2023, slightly lower than the 12.77 at the beginning of the year.

Bellow are the Financial Ratios

 Here is a summary of the financial and operational metrics for Shree Hanuman Sugar and Industries Limited for the years 2022-23

(a)Current Ratio: In 2023, there was a significant decline in the current ratio to 0.0174 from 0.1095 in 2022. This indicates a considerable reduction in the company 's ability to cover short-term obligations with its current assets.

(b)Debt-Equity Ratio: The debt-equity ratio increased from 2.5009 in 2022 to 3.0077 in 2023. This signifies a higher reliance on debt financing compared to equity, potentially indicating increased financial risk.

(c)Debt Service Coverage Ratio: Both in 2022 and 2023, the debt service coverage ratio was negative (-0.1286 in 2023 and -1.0809 in 2022), indicating insufficient operating income to cover debt obligations.

(d)Return on Equity Ratio: The return on equity ratio worsened from -2.7033 in 2022 to -0.3867 in 2023, indicating a decrease in the company 's ability to generate profits from shareholders ' equity.

(e)Return on Capital Employed: The return on capital employed remained constant at -0.7722 in both 2022 and 2023, suggesting consistent inefficiency in generating profits from the capital invested in the business.

(f)Return on Investment: The return on investment stayed constant at -103.283 in both years, which indicates that the company 's investments did not yield positive returns.