Shri Gurudev En Trade Limited Annual Report and Financials

Shri Gurudev En-Trade Limited Standalone Balance Sheet (Rs in Hundreds)

Shri Gurudev En-Trade Limited Standalone Profit and Loss Statement (Rs in Hundreds)

Shri Gurudev En-Trade Limited Standalone Cash Flow Statement (Rs in Hundreds)

 Here is a summary of the Cash Flow Statement for the years 2024 and 2023:

Cash Flow from Operating Activities

In FY 2024, Shri Gurudev En-Trade Limited reported a net profit before tax of ₹98,056 (in hundreds), a steep fall from ₹2,440,024 in FY 2023. Despite lower profits, favorable working capital movements—like a decrease in inventories and other current assets—boosted operational cash flow. The company generated ₹494,355 from operations before tax, and after paying ₹35,216 in taxes, net cash from operating activities stood at ₹529,571, showing a strong recovery from the outflow of ₹(494,171) in the previous year.

 Cash Flow from Investing Activities

There were no inflows or outflows from investing activities in both FY 2024 and FY 2023. This indicates the company did not make or receive any investment-related payments such as purchase/sale of fixed assets, interest, or dividend income. The absence of investment activity reflects a cautious or stagnant capital deployment strategy, with no expansion or asset optimization efforts during the year.

 Cash Flow from Financing Activities

During FY 2024, the company repaid loans amounting to ₹580,000, contrasting with FY 2023, when it raised ₹520,000 through borrowings. This shift from raising debt to repaying it suggests a focus on reducing financial liabilities, possibly due to improved internal cash generation. The outflow from financing activities implies that the company is working toward lowering debt and strengthening its capital structure.

 Net Cash Flow and Closing Position

The company reported a net cash outflow of ₹50,429 for FY 2024. Despite this, the year-end cash and cash equivalents stood at ₹76,925, compared to an opening balance of ₹127,355. Although liquidity slightly declined, the healthy operational cash inflows helped offset financing outflows, maintaining a stable cash position.

Financial Ratios of Shri Gurudev En-Trade

Here is a summary of the financial and operational metrics for Shri Gurudev En-Trade Limited for the year 2024 and 2023:

Current Ratio

The Current Ratio measures a company’s ability to pay off its short-term liabilities with its short-term assets. A ratio above 1 indicates that the company has more current assets than current liabilities, which is generally considered financially healthy. In 2024, the current ratio has improved to 1.64 from 1.50 in 2023, suggesting a better liquidity position and stronger short-term financial stability.

Return on Equity (ROE)

ROE indicates how effectively a company is using shareholders ' equity to generate profits. A higher ROE generally reflects better financial performance. The significant drop from 16% in 2023 to 3% in 2024 suggests a major decline in the company’s profitability or a substantial increase in equity without a proportionate increase in profit. This indicates inefficient use of shareholders ' funds in 2024.

Trade Payables Turnover Ratio

This ratio shows how quickly a company pays off its suppliers. A higher ratio indicates quicker payments. The sharp increase from 7.20 in 2023 to 27.30 in 2024 means the company is settling its dues with suppliers much faster. While this may enhance supplier relationships, it could also strain cash flow if not managed properly.

Net Capital Turnover Ratio

The Net Capital Turnover Ratio measures how efficiently a company uses its working capital to generate revenue. The absence of this ratio for 2024 may indicate either a lack of data or potentially negative or zero working capital, making the ratio non-computable. In 2023, a high ratio of 61.19 indicated extremely efficient use of capital to generate sales, which makes the 2024 absence notable and potentially concerning.

Net Profit Ratio

This ratio shows what percentage of revenue turns into profit after all expenses. A positive ratio is desirable, indicating that the business is profitable. In 2023, the company had a modest net profit margin of 2.23%. The absence of data in 2024 may point to a net loss or incomplete financials. If it’s due to losses, it underscores a significant deterioration in the company’s profitability.

Return on Capital Employed (ROCE)

ROCE measures how efficiently a company generates profits from its total capital employed. A decline from 15% in 2023 to just 1% in 2024 reflects a substantial reduction in operational efficiency and profitability. This suggests either declining earnings, inefficient capital utilization, or both.