Shree Krishna Jute Products Limited Annual Report and Financials

Shree Krishna Jute Products Limited Balance Sheet (Rs In Thousands)

 Shree Krishna Jute Products Limited Profit & Loss Statement (Rs In Thousand)

Shree Krishna Jute Products Limited Consolidated Cash Flow Statement (Rs In Thousand)

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

2023:

A. Cash Flow from Operating Activities:

Net Cash from Operating Activities: Rs 72.36

This represents the overall cash generated or used by the company 's core operating activities.

Net Profit/(Loss) before tax and Extraordinary Items: Rs 60.36

The company 's profit or loss before considering taxes and extraordinary items.

Operating Profit before working capital changes: Rs 60.36

It indicates the profit derived from the company 's operations before accounting for changes in working capital.

Increase / (Decrease) in Short Term Provisions: Rs 22

The change in short-term provisions, indicating an increase of Rs 22.

(Increase) / Decrease in Other Current Assets: Rs -10

The change in other current assets, indicating a decrease of Rs 10.

Operating Profit after working capital changes: Rs 72.36

The operating profit adjusted for changes in working capital.

B. Cash Flow from Financing Activities:

Net Cash from Financing Activities: Rs -

There is no net cash flow from financing activities in this period.

Finance Cost: Rs -

The finance cost associated with the company 's financing activities.

C. Net Increase/ (Decrease) in Cash & Cash Equivalents:

Rs 72.36

The overall change in cash and cash equivalents during the period.

Cash & Cash Equivalents:

Cash & Cash Equivalents at the beginning of the year: Rs 382.24

The amount of cash and cash equivalents the company had at the start of the year.

Cash & Cash Equivalents at the end of the year:** Rs 454.6

The amount of cash and cash equivalents the company had at the end of the year.

2022:

A. Cash Flow from Operating Activities:

Net Cash from Operating Activities: Rs 108.79

The overall cash generated or used by the company 's core operating activities.

Net Profit/(Loss) before tax and Extraordinary Items: Rs 54.79

The company 's profit or loss before considering taxes and extraordinary items.

Operating Profit before working capital changes: Rs 96.79

The profit derived from the company 's operations before accounting for changes in working capital.

Increase / (Decrease) in Short Term Provisions: Rs 22

The change in short-term provisions, indicating an increase of Rs 22.

(Increase) / Decrease in Other Current Assets: Rs -10

The change in other current assets, indicating a decrease of Rs 10.

Operating Profit after working capital changes: Rs 108.79

The operating profit adjusted for changes in working capital.

B. Cash Flow from Financing Activities:

Net Cash from Financing Activities: Rs -42

The net cash flow from financing activities during the period.

Finance Cost: Rs 42

The finance cost associated with the company 's financing activities.

C. Net Increase/ (Decrease) in Cash & Cash Equivalents:

Rs 66.79

The overall change in cash and cash equivalents during the period.

Cash & Cash Equivalents:

Cash & Cash Equivalents at the beginning of the year: Rs 315.45

The amount of cash and cash equivalents the company had at the start of the year.

Cash & Cash Equivalents at the end of the year: Rs 382.24

The amount of cash and cash equivalents the company had at the end of the year.

Bellow are the Financial Ratios

Here is a summary of the financial and operational metrics for Shree Krishna Jute Products  Limited for the years 2023 and 2022:

2023:

1. Current Ratio: 17.29

The current ratio is a liquidity ratio that measures the company 's ability to cover its short-term obligations with its short-term assets. A current ratio of 17.29 indicates a very high level of liquidity. The company has substantial current assets in relation to its current liabilities, suggesting a strong ability to meet short-term obligations.

2. Return on Equity Ratio: 0.021 (or 2.1%)

The return on equity (ROE) ratio measures the company 's ability to generate profits from shareholders ' equity. An ROE of 0.021 means that, for every rupee of equity, the company generated a profit of 0.021 rupees. It 's essential to compare this ratio with industry benchmarks to assess how well the company is utilizing shareholder funds.

3. Return on Capital Employed: 0.02 (or 2%)

The return on capital employed (ROCE) ratio assesses the company 's efficiency in utilizing both equity and debt capital to generate profits. An ROCE of 0.02 implies that the company generated a return of 0.02 rupees for every rupee of capital employed. Similar to ROE, it 's crucial to compare this ratio within the industry for a more meaningful analysis.

2022:

1. Current Ratio: 19.24

The current ratio of 19.24 is even higher than the previous year, indicating an increase in liquidity. The company has a significant cushion of current assets to cover its short-term liabilities. It suggests a robust financial position in terms of short-term solvency.

2. Return on Equity Ratio: 0.02 (or 2%)

The ROE of 0.02 is consistent with the previous year, implying that the company has maintained its ability to generate profits from shareholders ' equity. As mentioned earlier, comparing this ratio with industry averages is crucial for a comprehensive analysis.

3. Return on Capital Employed: 0.02 (or 2%)

The ROCE of 0.02 is consistent with the previous year, indicating a stable performance in terms of capital efficiency. Similar to ROE, comparing ROCE with industry benchmarks is important for assessing relative performance.

General Interpretation:

Liquidity:

The company has maintained a very high level of liquidity in both years, suggesting a strong ability to meet its short-term obligations.

Profitability:

The Return on Equity and Return on Capital Employed ratios indicate a moderate level of profitability. It 's important to analyze these ratios in conjunction with industry standards to understand how well the company is performing relative to its peers.

Stability:

The stability in these metrics from 2022 to 2023 suggests a consistent financial performance, but a deeper analysis and comparison with industry benchmarks would provide a more comprehensive understanding of the company 's financial health.