Sun Drops Energia Limited (Sun Drops) Return Comparision with Primex 40 Index

Periods	1 Week	1 Month	3 Months	6 Months	1 Year	3 Years	All Time
Primex-40
Sun Drops Energia Limited

Sun drops Energia Private Limited Standalone Balance Sheet (Rs in Lakhs)

Particulars	31-03-2024	31-03-2023
Non-current Assets
Property, plant and equipment	5,848.69	4,226.93
Capital work-in-progress	364.17	1.52
Other non-current financial assets	124	124.8
Current Assets
Inventories	3,522.02	850.63
Trade receivables	6,559.22	704.72
Cash and cash equivalents	3,271.34	354.83
Other current financial assets	-	11.78
Other current assets	1,062.36	522.59
Total assets	20,751.8	6,947.8
Equity
Equity share capital	535	535
Other equity	6,863.46	3,160.98
Non-current Liabilities
Borrowings	1,625.92	1,839.38
Other non-current financial liabilities	980.95	-
Provisions	1.51	-
Deferred tax liabilities (net)	387.65	303.38
Current liabilities
Borrowings	230.1	230.1
Trade payables	9,039.64	694.92
Other current financial liabilities	406.34	96.79
Other current liabilities	326.44	87.25
Current tax liabilities	354.79	-
Total equity and liabilities	20,751.80	6,947.80

Sun Drops Energia Private Limited Standalone Profit & Loss Statement (Rs in Lakhs)

Particulars	31-03-2024	31-03-2023
Income
Revenue from Operations	16,809	2,874.67
Other Income	54.99	10.14
Total Income	16,863.99	2,884.81
Expenses
Cost of material consumed	11,721.91	1,495.83
Employee Benefit Expenses	52.93	7.08
Finance Costs	256.54	238.11
Depreciation, depletion & amortization expense	191.96	94.95
Other Expenses	1,121.93	306.71
Total Expenses	13,345.27	2,142.68
Profit Before Tax	3,518.72	742.13
Current Tax	717.17	-
Deferred Tax	84.27	240.06
Profit/(Loss) for the period	2,717.28	502.07
Total comprehensive income	2,717.28	502.07
Earnings per share
Basic	50.79	9.38
Diluted	50.79	9.38

Sun Drop Energia Private Limited Standalone Cash Flow Statement (Rs in Lakhs)

Particulars	31-03-2024	31-03-2023
Cash flows from used in operating activities
Profit before tax	3,518.72	742.13
Adjustments for reconcile profit (loss)
Adjustments for decrease (increase) in inventories	-2,671.4	-648.64
Adjustments for decrease (increase) in trade receivables, current	-5,854.49	-703.43
Adjustments for decrease (increase) in other current assets	-539.77	681.65
Adjustments for other financial assets, non-current	12.58	-124.8
Adjustments for increase (decrease) in trade payables, non-current	8,344.7	579.76
Adjustments for depreciation and amortisation expense	191.96	94.95
Adjustments for provisions, current	240.7	-304.95
Adjustments for other financial liabilities, non-current	309.54	82.81
Adjustments for interest income	26.24	9.98
Total adjustments for reconcile profit (loss)	7.58	-352.63
Net cash flows from (used in) operations	3,526.3	389.5
Interest paid	-256.54	-238.12
Income taxes paid (refund)	362.38	9.37
Other inflows (outflows) of cash	-15.58	-
Net cash flows from (used in) operating activities	3,404.88	618.25
Cash flows from used in investing activities
Proceeds from sales of investment property	168.5	-
Proceeds from sales of other long-term assets	-	33.84
Purchase of other long-term assets	1,216.25	2,013.36
Interest received	26.24	9.98
Other inflows (outflows) of cash	-963.02	-150
Net cash flows from (used in) investing activities	-1,984.53	-2,119.54
Cash flows from used in financing activities
Proceeds from borrowings	771.74	1,771.1
Payments of lease liabilities	-980.95	-
Interest paid	256.53	238.12
Net cash flows from (used in) financing activities	1,496.16	1,532.98
Net increase (decrease) in cash and cash equivalents	2,916.51	31.69
Cash and cash equivalents cash flow statement at end of period	3,271.34	354.83

Summary of the Cash Flow Statement for the years 2024 and 2023:

Cash Flow from Operating Activities

The company reported a significant rise in profit before tax, increasing from ₹742.13 lakhs in FY23 to ₹3,518.72 lakhs in FY24, indicating strong operational growth. However, substantial increases in working capital components impacted cash flows. There was a sharp rise in trade receivables (₹5,854.49 lakhs) and inventories (₹2,671.40 lakhs), reflecting higher sales or expansion but also tying up cash. On the positive side, trade payables (non-current) increased by ₹8,344.70 lakhs, supporting liquidity. After all adjustments, net cash from operations improved significantly to ₹3,526.30 lakhs in FY24 compared to ₹389.50 lakhs in FY23. After accounting for interest paid, taxes, and other cash movements, net cash from operating activities stood at ₹3,404.88 lakhs in FY24, substantially higher than ₹618.25 lakhs in FY23. This indicates strong cash-generating capacity from core operations despite higher working capital requirements.

Cash Flow from Investing Activities

Investing activities show continued capital expenditure. The company invested ₹1,216.25 lakhs in purchase of long-term assets during FY24, though this was lower than ₹2,013.36 lakhs in FY23, suggesting moderated expansion. Additionally, there were other cash outflows of ₹963.02 lakhs. While the company generated some inflow from sale of investment property (₹168.50 lakhs) and earned interest income (₹26.24 lakhs), overall investing cash flow remained negative at ₹1,984.53 lakhs in FY24 (FY23: negative ₹2,119.54 lakhs).

This indicates that the company is still in an expansion or asset-building phase, consistently investing in long-term growth.

Cash Flow from Financing Activities

Financing activities show mixed trends. The company raised borrowings of ₹771.74 lakhs in FY24, lower than ₹1,771.10 lakhs in FY23, indicating reduced dependence on fresh debt. However, lease liability payments of ₹980.95 lakhs impacted cash outflow. Interest payments remained relatively stable.

Despite these outflows, net cash from financing activities increased to ₹1,496.16 lakhs in FY24 compared to ₹1,532.98 lakhs in FY23, reflecting stable financial structuring and continued access to funding.

Net Cash Position

The company recorded a strong net increase in cash and cash equivalents of ₹2,916.51 lakhs in FY24, compared to only ₹31.69 lakhs in FY23. Consequently, closing cash balance rose sharply to ₹3,271.34 lakhs from ₹354.83 lakhs.

This significant improvement indicates enhanced liquidity, strong operational performance, and better overall cash management during FY24.