Sunayana Investment Ltd Annual Reports, Balance Sheet and Financials

Sunayana Investment Limited Balance Sheet (Rs In Lakhs)

Sunayana Investment Limited  Profit & Loss Statement (Rs In Lakhs)

Sunayana Investment Limited Consolidated Cash Flow Statement (Rs In Lakhs)

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

2023

A. Cash Flow from Operating Activities:

In 2023, the cash flow from operating activities saw a net increase of Rs 645.54 million. This increase was primarily driven by an operating profit of Rs 52.63 million before working capital changes, with adjustments for items such as depreciation (Rs 4.47 million) and finance costs (Rs 3.53 million). Working capital changes included a substantial increase in trade receivables (Rs 73.17 million) and inventories (Rs 538.45 million), partially offset by adjustments in other current assets (-Rs 6.46 million), trade payables (-Rs 2.97 million), and short-term loans provisions (Rs 11.39 million). Provision for tax accounted for Rs 11.23 million.

B. Cash Flow from Investing Activities:

The net cash used in investing activities in 2023 was Rs 261.87 million. This included the purchase of assets amounting to -Rs 0.7 million and the purchase/sale of investments, which contributed Rs 262.57 million.

C. Cash Flow from Financing Activities:

The financing activities in 2023 resulted in a net cash outflow of -Rs 918.03 million. This was primarily due to significant borrowings in the current period (-Rs 914.5 million) and interest paid (-Rs 3.53 million).

Net Increase in Cash and Cash Equivalents (A+B+C):

The overall cash and cash equivalents increased by Rs -10.62 million, primarily due to the net cash outflows in financing and investing activities.

Opening Balance of Cash and Cash Equivalents: Rs 16.92 million

Closing Balance of Cash and Cash Equivalents: Rs 6.3 million

2022:

A. Cash Flow from Operating Activities:

In 2022, the cash flow from operating activities resulted in a net increase of Rs 591.1 million. Operating profit before working capital changes was Rs 64.59 million, adjusted for depreciation (Rs 3.84 million) and finance costs (Rs 25.62 million). Working capital changes included a substantial increase in trade receivables (Rs 558.85 million) and inventories (Rs 77.37 million), offset by adjustments in other current assets (-Rs 4.36 million) and short-term loans provisions (Rs 8.84 million). Provision for tax accounted for Rs 8.84 million.

B. Cash Flow from Investing Activities:

The net cash used in investing activities in 2022 was -Rs 1,132.30 million. This included the purchase of assets amounting to -Rs 2.82 million and a significant negative impact from the purchase/sale of investments (-Rs 1,129.48 million).

C. Cash Flow from Financing Activities:

The financing activities in 2022 resulted in a net cash inflow of Rs 317.56 million, primarily driven by significant borrowings (Rs 343.18 million) and interest paid (-Rs 25.62 million).

Net Increase in Cash and Cash Equivalents (A+B+C):

The overall cash and cash equivalents decreased by Rs -223.64 million in 2022.

Opening Balance of Cash and Cash Equivalents: Rs 240.56 million

Closing Balance of Cash and Cash Equivalents: Rs 16.92 million

Bellow are the Financial Ratios

Here is a summary of the financial and operational metrics for Sunayana Investment Limited 

1. Current Ratio:

   - In 2023, the current ratio is 1.34, indicating that the company has Rs 1.34 in current assets for every Rs 1 in current liabilities.

   - In 2022, the current ratio was 1.31, which also demonstrates strong liquidity.

2. Debt Equity Ratio:

   - In 2023, the debt equity ratio is 0.88, suggesting that the company has Rs 0.88 in debt for every Rs 1 in equity.

   - In 2022, the debt equity ratio was 0.54, indicating a slight increase in debt relative to equity.

3. Debt Service Coverage Ratio:

   - In 2023, the debt service coverage ratio is 0.01, which may be a cause for concern as it indicates the company 's ability to cover its debt obligations is minimal.

   - In 2022, the ratio was slightly better at 0.02.

4. Return on Equity Ratio:

   - Both in 2023 and 2022, the return on equity ratio is 0.01, indicating a consistent but relatively low return on shareholders ' equity.

5. Inventory Turnover Ratio:

   - In 2023, the inventory turnover ratio is 0.15, suggesting that the company 's inventory turnover has improved, which is generally positive.

   - In 2022, the ratio was 0.09, indicating a lower turnover rate for inventory.

6. Trade Receivables Turnover Ratio:

   - In 2023, the trade receivables turnover ratio is notably high at 1446.2, which suggests that the company is collecting receivables very efficiently.

   - In 2022, the ratio was 1.24, indicating a significant improvement in receivables turnover.

7. Net Capital Turnover Ratio:

   - In 2023, the net capital turnover ratio is 0.02, which indicates a lower efficiency in generating sales relative to capital employed.

   - In 2022, the ratio was higher at 0.1, suggesting more efficient capital utilization.

8. Net Profit Ratio:

   - In 2023, the net profit ratio is 0.46, showing an increase in the company 's profitability compared to 2022.

   - In 2022, the ratio was 0.29, indicating a lower net profit relative to sales.

9. Return on Capital Employed:

   - Both in 2023 and 2022, the return on capital employed is 0.01, indicating a consistent but relatively low return on the capital invested in the business.

10. Return on Investment:

   - In both 2023 and 2022, the return on investment is 0, which suggests that the company did not generate any return on the total investment.

Sunayana Investment Company Ltd. Share Dividend History.