Supreme Tex Mart Limited Annual Report & Financials

Particulars

2017

2016

ASSETS

Non- Current Assets

a) Fixed assets

(i) Tangible assets

1,64,63,17,729

2,11,99,20,369

(ii) Intangible assets

8,11,683

10,48,650

(iii) Capital work in progress

1,26,50,882

83,55,596

b) Long term loans and advances

4,14,99,767

4,12,93,387

e) Other non- current assets

1,55,99,42,289

1,55,99,42,289

Total non- current assets

1,85,72,22,350

2,32,65,60,291

Current Assets

a) Inventories

43,40,71,333

65,29,06,546

b) Trade Receivables

62,44,11,307

64,24,18,843

c) Cash and bank balances

13,00,24,699

12,64,73,965

d) Short term loans and advances

64,41,81,005

43,16,18,986

e) Other current assets

21,91,89,545

22,22,17,730

Total current assets

2,05,18,77,889

2,07,56,36,070

Total Assets

3,90,91,00,240

4,40,21,96,361

EQUITY AND LIABILITIES

1] Shareholder 's Funds:

a) Share Capital

34,05,56,075

34,05,56,075

b) Reserves and Surplus

-2,25,86,42,130

-2,20,59,34,374

Total shareholder 's funds

-1,91,80,86,055

-1,86,53,78,299

2]  Non-Current Liabilities

 a) Long Term Borrowings

1,80,38,81,723

2,32,31,81,284

b) Deferred Tax Liability (Net)

30,34,96,030

30,34,96,030

c) Long term provisions

4,82,82,380

3,54,94,633

Total non- current liabilities

2,15,56,60,133

2,66,21,71,947

3] Current Liabilities

a) Short Term Borrowings

2,56,17,20,870

2,31,37,56,595

b) Trade Payables

65,03,83,995

73,53,63,021

c) Other Current Liabilities

43,07,48,888

51,20,93,425

d) Short term provisions

2,86,72,409

4,41,89,673

Total current liabilities

3,67,15,26,162

3,60,54,02,714

Total Equity and Liabilities

3,90,91,00,240

4,40,21,96,361

Particulars

2017

2016

Revenue From Operations

3,95,32,30,842

3,50,50,26,089

Less: Excise Duty

2,38,552

8,88,573

Revenue from Operations (net)

3,95,29,92,290

3,50,41,37,516

Other income

71,06,662

11,93,26,249

Total Income

3,96,00,98,952

3,62,34,63,765

Expenses

Cost of material consumed

2,00,78,97,268

3,34,89,13,338

Purchases of Stock-in-Trade

47,07,16,164

18,56,60,408

Change in Inventories of Finished Goods, Work in
Progress and Stock-in-Trade

14,98,02,754

90,40,179

Employees benefit expense

25,08,72,266

19,51,10,527

Finance cost

1,54,26,983

22,02,41,973

Depreciation and amortization expense

46,03,64,470

48,40,40,171

Other expenses

1,05,32,40,442

96,88,66,237

Total expenses

4,40,83,20,348

5,41,18,72,834

Profit Before exceptional and extraordinary Items and tax

-44,82,21,396

-1,78,84,09,069

Profit Before extraordinary Items and tax

-44,82,21,396

-1,78,84,09,069

Extraordinary Items

1,43,29,452

-

Profit/(Loss) Before Tax

-43,38,91,944

-1,78,84,09,069

Profit/(Loss) for the Year From Continuing Operations

-43,38,91,944

-1,78,84,09,069

Profit/(Loss) for the Year

-43,38,91,944

-1,78,84,09,069

Earning per Equity share for Rs 5 each

Basic

-6.36

-26.21

Diluted

-6.36

-26.21

Particulars

2017

2016

Cash flows from operating activities

Net Profit before tax and extraordinary items

-43,38,91,944

-1,78,84,09,069

Adjustment for:

Depreciation and amortisation expenses

46,03,64,470

48,40,40,172

Insurance Claim written off

27,90,958

-

Miscellaneous balances written off

4,49,363

-1,86,61,271

Extraordinary Items

1,43,29,452

-

Provisions no longer required written back

-

-9,91,60,241

Interest and Financial charges

1,54,26,983

22,02,41,973

Profit(-)/Loss on sale of Fixed Assets

51,68,52,444

58,60,91,879

Operating profit before working capital changes

8,29,60,499

-1,20,23,17,190

Adjustments for:

Increase(-)/Decrease in Trade and Other
Receivables

-19,21,82,041

15,41,61,862

Increase(-)/Decrease in Inventories

21,88,35,212

94,85,76,357

Increase/Decrease(-) in Trade and Other Liabilities

15,35,35,816

10,58,66,833

Cash generated from operations

-4,39,22,145

62,87,863

Taxes paid

-1,55,17,264

-24,17,387

Net cash from operating activities

-5,94,39,409

38,70,476

Cash flows from investing activities

Purchase of Fixed Assets

-1,74,13,766

-2,11,46,086

Sale of Fixed Assets

25,37,400

51,35,247

Subsidy Received

-

4,38,69,300

Net cash flow from investing activities

-1,48,76,366

2,78,58,461

Cash flow from financing activities

Proceeds from Long Term Borrowings

-51,92,99,560

5,04,17,422

Proceeds from Short Term Borrowings

24,79,64,275

13,77,15,850

Interest paid

-1,54,26,983

-22,02,41,973

Net cash flow from financing activities

-28,67,62,268

-3,21,08,701

Net increase in cash and cash equivalents

-36,10,78,043

-3,79,764

Cash and cash equivalents at beginning of period

12,64,73,965

12,68,53,729

Cash and cash equivalents at end of period

-23,46,04,078

12,64,73,965