Sri Chamundeswari Annual Reports, Balance Sheet and Financials

 Chamundeshwari Sugars Limited Balance Sheet (Rs In Lakhs)

Chamundeshwari Sugars Limited Profit & Loss Statement (Rs in Lakhs)

Chamundeshwari Sugars Limited Consolidated Cash Flow Statement (Rs in Lakhs)

Here is a summary of the Cash Flow Statement for the years 2022 and 2021, broken down by activity:

Operating Activities:

Operating activities represent the cash flows generated or used by a company 's core business operations. In this period, the net cash from operating activities increased from 9,949.87 in 31-03-2022 to 9,661.24 in 31-03-2021.

The operating profit before working capital changes substantially increased from 10,015.53 in 31-03-2022 to 9,688.53 in 31-03-2021. This indicates improved operational performance.

Changes in working capital components such as inventories, trade receivables, and current loans contributed to fluctuations in operating cash flows. For instance, there was a decrease in inventories and trade receivables but an increase in other current assets in 31-03-2022 compared to 31-03-2021.

The company also made adjustments for changes in operating liabilities, including trade payables, other current financial liabilities, and short-term provisions.

Investing Activities:

Investing activities involve transactions related to the acquisition and disposal of long-term assets and investments. In this period, the net cash from investing activities decreased from -4,078.18 in 31-03-2022 to -5,994.90 in 31-03-2021.

The company invested less in property, plant, and equipment in 31-03-2022 compared to 31-03-2021, while also receiving fewer proceeds from the disposal of such assets.

Additionally, the company reduced its investments in long-term investments and loans and advances given in 31-03-2022 compared to the previous year.

Financing Activities:

Financing activities involve transactions with creditors and investors, such as borrowing, repayment, and issuance of shares. In this period, the net cash from financing activities decreased from -4,922.33 in 31-03-2022 to -5,543.64 in 31-03-2021.

The company paid more in finance costs and principal payments of lease liabilities in 31-03-2022 compared to 31-03-2021.

There was also a decrease in proceeds from long-term borrowings and an issuance of shares to minority interest in 31-03-2022.

Change in Cash and Cash Equivalents:

The net increase in cash and cash equivalents during the year was 949.36 in 31-03-2022, compared to a decrease of -1,877.31 in 31-03-2021.

Despite generating more cash from operating activities in 31-03-2022, increased investments and financing activities led to a higher decrease in cash and cash equivalents compared to 31-03-2021.

Consequently, the company 's cash and cash equivalents at the end of 31-03-2022 were 1,909.79, higher than the 960.43 recorded at the end of 31-03-2021.

Financial Ratios of Chamundeshwari Sugars Limited

Insight of the financial ratios of Chamundeshwari Sugars Limited for March 31, 2022

Current Ratio:

The current ratio increased from 0.3 in 2021 to 0.38 in 2022. This indicates an improvement in the company 's short-term liquidity position, as it now has more current assets to cover its current liabilities. However, the ratio is still relatively low, suggesting potential liquidity concerns.

Debt Equity Ratio:

The debt equity ratio increased slightly from 2.79 in 2021 to 2.82 in 2022. This suggests that the company relies more on debt financing relative to equity financing. High debt equity ratios can indicate higher financial risk due to increased leverage.

Debt Service Coverage Ratio:

The debt service coverage ratio improved from 0.28 in 2021 to 0.38 in 2022. This indicates that the company 's cash flow from operations is better able to cover its debt service obligations. However, the ratio is still relatively low, indicating potential challenges in meeting debt obligations.

Return on Equity (ROE) Ratio:

The ROE ratio increased from 2.28% in 2021 to 2.47% in 2022. This indicates a slight improvement in the company 's ability to generate profit relative to its shareholders ' equity.

Inventory Turnover Ratio:

The inventory turnover ratio increased significantly from 8.71 in 2021 to 12.43 in 2022. This suggests that the company is selling its inventory at a faster rate, which can indicate improved inventory management efficiency.

Trade Receivable Turnover Ratio:

The trade receivable turnover ratio increased from 8.84 in 2021 to 10.11 in 2022. This suggests that the company is collecting its receivables more efficiently, which can help improve cash flow.

Trade Payable Turnover Ratio:

The trade payable turnover ratio increased from 3.02 in 2021 to 4.94 in 2022. This indicates that the company is paying its suppliers at a faster rate, which can help improve relationships with suppliers and potentially negotiate better terms.

Net Capital Turnover Ratio:

The net capital turnover ratio improved from -1.34 in 2021 to -2.19 in 2022. A negative ratio indicates inefficiency in utilizing capital, but the improvement suggests that the company is utilizing its capital more effectively to generate sales.

Net Profit Ratio:

The net profit ratio improved from -1.20% in 2021 to -1.00% in 2022. While still negative, this indicates a slight improvement in the company 's profitability relative to its total revenue.

Return on Capital Employed (ROCE) and Return on Investment (ROI):

Both ROCE and ROI increased from 2021 to 2022, indicating improved returns relative to the capital employed and the overall investment made in the company.

Dividend History of Chamundeshwari Sugars Limited

Chamundeshwari Sugars Limited Recent Financial Performance

Dividend per Share: The specific dividend per share figure for 2022 and 2021 is not provided. Dividend per share represents the portion of a company 's earnings that is distributed to shareholders in the form of dividends. A higher dividend per share may indicate that the company is sharing more of its profits with shareholders.

Retained Earnings: Retained earnings for 2022 amounted to Rs. 12,717.10 Lakhs, while in 2021, they were Rs. 13,095.15 Lakhs. Retained earnings represent the portion of a company 's profits that is reinvested in the business rather than distributed as dividends. An increase in retained earnings suggests that the company has retained more of its profits for reinvestment or future growth.

To provide a more comprehensive analysis of financial performance, it would be necessary to consider additional financial metrics such as revenue, net profit, assets, liabilities, and cash flows. Additionally, an analysis of trends over multiple years and a comparison to industry benchmarks and competitors would help in assessing the company 's financial health and performance.