Steadfast Corporation Limited Annual Report, Balance Sheet, Financials.

Particulars

2023

2022

I. ASSETS

(1) Non-current assets

(a) Property, Plant and Equipment

27,523.64

37,546.26

(b) Financial Assets

(i) Investments

24,193.09

24,193.09

(ii) Loans

54,100.00

54,100.00

(c) Deferred tax assets (net)

6,690.02

7,308.86

Total non current assets

1,12,506.75

1,23,148.21

(2) Current Assets

(a) Inventory

4,52,304.15

(b) Financial Assets

(i) Trade receivables

29,649.96

38,479.29

(ii) Cash and cash equivalents

5,69,316.81

50,689.63

(iii) Other Bank Balances

3,21,517.62

4,07,904.94

(iv) Other Financial Assets

495

495

(c) Current Tax Assets (Net)

9,782.65

8,834.15

(d) Other current assets

14,626.59

3,868.77

Total current assets

9,45,388.64

9,62,575.93

TOTAL ASSETS

10,57,895.39

10,85,724.14

II. EQUITY AND LIABILITIES

(1) Equity

(a) Equity share capital

7,13,100.00

7,13,100.00

(b) Other equity

3,40,266.64

3,36,057.51

Total equity

10,53,366.64

10,49,157.51

(2) Current liabilities

(a) Financial liabilities

(i) Trade payables

1) Total outstanding dues of creditors other than micro and small enterprises

1,305.46

29,176.73

(b) Other current liabilities

2,316.06

5,617.29

( c) Short-term provisions

907.23

1,772.61

Total Current liabilities

4,528.75

36,566.63

TOTAL EQUITY AND LIABILITIES

10,57,895.39

10,85,724.14

Particulars

2023

2022

Revenue

I. Revenue from Operations

4,82,620.54

41,831.82

II. Other income

23,511.46

41,696.06

III. Total Income (I+II)

5,06,132.00

83,527.88

IV. Expenses

Purchases

4,52,304.15

Changes in Inventory

4,52,304.15

4,52,304.15

Cost of Execution

4,631.76

27,489.85

Employee Benefits Expenses

19,714.52

17,981.73

Depreciation and Amortization Expenses

9,237.70

12,759.77

Finance Cost

13.5

21.17

Other Expenses

14,204.32

13,713.21

Total Expenses (IV)

5,00,105.95

71,965.73

Net Profit before share of Profits/(Losses) from Subsidiaries

6,026.05

11,562.15

V. Profit/(loss) before Tax

6,026.05

11,562.15

VI. Tax expense:

1. Current tax

1,198.08

3,203.37

2. Deferred tax

618.84

-302.9

VII. Profit/(Loss) for the year

4,209.13

8,661.68

VIII. Total comprehensive income for the period

4,209.13

8,661.68

IX. Earnings per equity share

1. Basic

0.06

0.12

2. Diluted

0.06

0.12

Particulars

2023

2022

CASH FLOWS FROM OPERATING ACTIVITIES:

Net profit before tax

6,026.05

11,562.15

Adjusted for :

Depreciation

9,237.70

12,759.77

Interest & other income received

-41,696.06

Loss/(Profit) on sale of investement

-1,558.83

Operating profits before working capital charges

13,704.92

-17,374.14

Changes in current assets and liabilities

(Increase)/Decrease in Inventories

4,52,304.15

-452304.15

(Increase)/Decrease in Trade Receivables

8,829.33

-13,208.83

(Increase)/Decrease in Current Tax assets

-2,146.57

(Increase)/Decrease in financial and non-financial assets

75,629.49

-24,145.88

Increase/(Decrease) in financial and non-financial liabilities

-2,646.40

3,656.25

Increase/(Decrease) in Trade payables

-29,391.50

9,479.24

Cash generated from operations

5,16,283.42

-493897.51

Net cash generated from operating activities

5,16,283.42

-493897.51

B CASH FLOWS FROM INVESTING ACTIVITIES:

(Purchase)/ Sale of fixed assets

2,343.75

Long term loans and advances

2,81,000.00

Interest & other income received

41,696.06

Net cash used in investing activities

2,343.75

3,22,696.06

C Net increase / (decrease) in cash and cash equivalents

5,18,627.17

-171201.45

D Cash and cash equivalents at the beginning of the year

50,689.63

2,21,891.08

E Cash and cash equivalents at the end of the year

5,69,316.81

50,689.63

Cash & Cash Equivalents comprise:

Cash on Hand

3.83

3.83

Balance with Banks in Current A/c

5,69,312.98

50,685.81

Total Cash & Cash Equivalents

5,69,316.81

50,689.64