Supraneet Finance & Consultant Latest Annual Report, Balance Sheet and Financials

Supraneet Finance and Consultants Limited Balance Sheet (In Rs Lakhs)

Supraneet Finance and Consultants Limited Profit & Loss Statement (In Rs Lakhs)

Supraneet Finance and Consultants Limited Consolidated Cash Flow Statement (In Rs Lakhs)

Here is a summary of the Cash Flow Statement for the years 2023 and 2022:

1. Net Profit: The net profit as per the statement of profit and loss for 2023 is ₹1.66 and ₹5.63 for 2022.

2. Adjustments:

   - Loss on Sale of Fixed Asset: No loss on the sale of fixed assets was recorded in both years.

   - Depreciation: Depreciation amounted to ₹3.18 in both 2023 and 2022.

   - Interest Paid: No interest payments were made in either year.

   - Change in Fair Value of Equity Instruments: There was a change in fair value, resulting in adjustments of -₹0.60 in 2023 and -₹1.2 in 2022.

3. Total Adjustments: The total adjustments for 2023 amounted to ₹4.24, while it was ₹7.61 for 2022.

4. Changes in Working Capital:

   - Decrease/(Increase) in Other Current Asset: There was a decrease of -₹0.32 in 2023 and -₹0.46 in 2022.

   - Decrease/(Increase) in Other Financial Asset: A significant decrease of -₹15.09 occurred in 2023.

   - Decrease/(Increase) in Loan: A substantial increase of ₹262.95 was noted in 2023, whereas there was a decrease of -₹8.08 in 2022.

   - Increase/(Decrease) in Other Financial Liabilities: There was a slight decrease of -₹0.08 in 2023 and an increase of ₹0.80 in 2022.

   - Increase/(Decrease) in Other Current Liabilities: A decrease of -₹0.11 was observed in 2023, while there was a marginal increase of ₹0.06 in 2022.

   - Increase/(Decrease) in Short-Term Provisions: A decrease of -₹0.79 was recorded in 2023, and a minor increase of ₹0.02 occurred in 2022.

5. Direct Taxes Paid: Direct taxes paid amounted to -₹0.75 in 2023 and -₹1.34 in 2022.

6. Net Cash Flow from Operating Activities: The net cash flow from operating activities was ₹250.05 in 2023 and -₹1.39 in 2022.

7. Investing Activities: A significant investment of -₹250 was made in 8% Compulsory Convertible Preference Shares in 2023, resulting in a net cash flow from investing activities of -₹250. No such activities were reported for 2022.

8. Financing Activities: No interest payments or financing activities were recorded in either year.

9. Net Increase/Decrease in Cash & Cash Equivalents: There was a slight increase of ₹0.05 in 2023 and a decrease of -₹1.39 in 2022.

10. Cash and Cash Equivalents: The cash and cash equivalents at the beginning of the year were ₹1.6 in 2023 and ₹2.98 in 2022. The closing balance for 2023 was ₹1.65, and for 2022, it was ₹1.6.

Financial Ratios

Summary of Financial Ratios for the years 2023 and 2022:     

1. Current Ratio:

2023: 39.29

2022: 100.06

Explanation: The current ratio measures a company 's ability to cover its short-term liabilities with its short-term assets. A current ratio above 1 indicates the company has more assets than liabilities in the short term. In this case, both years show a significantly high current ratio, suggesting a strong ability to cover short-term obligations.

2. Return on Equity (ROE):

2023: 0

2022: 0.01

Explanation: ROE measures the profitability of a company in relation to shareholders ' equity. A higher ROE indicates better profitability. The values of 0 for both years suggest either no or very minimal return on equity, which may indicate that the company did not generate significant profits relative to its equity.

3. Net Capital Turnover Ratio:

2023: 0.29

2022: 0.09

Explanation: The net capital turnover ratio measures the efficiency of capital usage in generating sales. A higher ratio indicates better capital utilization. The increase from 2022 to 2023 suggests an improvement in the efficiency of capital turnover.

4. Net Profit Ratio:

2023: 0.04

2022: 0.17

Explanation: The net profit ratio indicates the percentage of net profit relative to sales. A higher ratio indicates better profitability. The decrease from 2022 to 2023 suggests a decline in the company 's ability to convert sales into net profit.

5. Return on Capital Employed (ROCE):

2023: 0

2022: 0.01

Explanation: ROCE measures the efficiency of capital usage in generating profits. A higher ROCE is favorable. The values of 0 for both years suggest either no or very minimal return on the capital employed, indicating a potential inefficiency in utilizing capital to generate profits.

6. Return on Investment (ROI):

2023: 0.07

2022: Not available

Explanation: ROI measures the return on investment relative to the cost of that investment. The positive value in 2023 suggests a positive return on investment during that year. The absence of data for 2022 makes it challenging to analyze the trend.

Dividend History (NA)