Svarnim Trade Annual Reports, Balance Sheet and Financials

Svarnim Trade Udyog Limited Balance Sheet (Rs In Lakhs)

 Svarnim Trade Udyog Limited Profit & Loss Statement (Rs In Lakhs)

Svarnim Trade Udyog Limited Consolidated Cash Flow Statement (Rs in Lakhs)

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

Net Profit Before Tax:

In 2023, the company reported a net profit before tax of -31.19, indicating a loss for the period, while in 2022, it reported a marginal profit of -0.13.

Adjustments for Operating Profit before Working Capital Changes:

The operating profit before changes in working capital mirrored the net profit before tax for both periods, reflecting no additional adjustments beyond the operating profit figure.

Changes in Working Capital:

Trade Receivables: In 2023, there was an increase in trade receivables by 61.07, indicating more outstanding receivables during the period. Conversely, in 2022, there was a decrease in trade receivables by -61.09.

Trade Payables: There were no changes in trade payables for either period, suggesting stability in the company 's payment obligations to suppliers.

Other Current Liabilities: In 2023, there was a decrease in other current liabilities by -26.55, while in 2022, there was a corresponding increase of 26.55. These changes may reflect variations in short-term financial obligations.

Other Current Assets: There was a decrease in other current assets by -3.4 in 2023 and by -1.37 in 2022. This decrease could indicate a reduction in assets readily convertible to cash within the short term.

Net Cash Flow from Operating Activities:

The net cash flow from operating activities for both periods was negative, amounting to -0.08 in 2023 and -36.04 in 2022. This indicates that the company 's core business operations did not generate sufficient cash to cover operating expenses and working capital changes during these periods.

Net (Decrease)/Increase in Cash & Cash Equivalents:

The net decrease in cash and cash equivalents was minimal at -0.08 in 2023, compared to a more substantial decrease of -36.04 in 2022.

Cash and Cash Equivalents Composition:

Cash and cash equivalents comprise cash on hand and balances held in a current account. In 2023, cash accounted for 0.3 of the totals, while a current account held 0.05. In 2022, the entirety of the cash and cash equivalents, amounting to 36.47, was held in the current account.

Financial Ratios of Svarnim Trade Udyog Limited

Here is a summary of the financial and operational metrics for Svarnim Trade Udyog Limited for the years 2023 and 2022:

Current Ratio:

The current ratio increased from 2.20 in 2022 to 2.64 in 2023. This indicates an improvement in the company 's short-term liquidity position, as it now has more current assets to cover its current liabilities. A higher current ratio suggests a stronger ability to meet short-term obligations.

Return on Equity (ROE) Ratio:

The return on equity ratio for 2023 is reported as -9.53%. A negative ROE indicates that the company incurred a net loss relative to its shareholders ' equity during the period. This suggests that the company 's profitability relative to its equity capital worsened in 2023 compared to the previous year. However, the exact figure for 2022 is not provided for comparison.

Net Profit Ratio:

The net profit ratio for both 2022 and 2023 is reported as negative. This indicates that the company incurred a net loss relative to its total revenue during both periods. A negative net profit ratio suggests that the company 's profitability was adversely affected, leading to losses.

Return on Capital Employed (ROCE) Ratio:

The return on capital employed for 2023 is reported as -9.53%. Like the ROE, this indicates a negative return on the capital employed by the company during the period. It suggests that the company 's profitability relative to its total capital employed worsened in 2023 compared to the previous year. However, similar to ROE, the exact figure for 2022 is not provided for comparison.

Dividend History

Svarnim Trade Udyog Limited Recent Financial Performance:

Dividend per Share: The specific dividend per share figure for 2023 and 2022 is not provided. Dividend per share represents the portion of a company 's earnings that is distributed to shareholders in the form of dividends. A higher dividend per share may indicate that the company is sharing more of its profits with shareholders.

Retained Earnings: Retained earnings for 2023 amounted to Rs. -239.88 Lakhs, while in 2022, they were Rs. -208.81 Lakhs. Retained earnings represent the portion of a company 's profits that is reinvested in the business rather than distributed as dividends. An increase in retained earnings suggests that the company has retained more of its profits for reinvestment or future growth.

To provide a more comprehensive analysis, it would be necessary to consider additional financial metrics such as revenue, net profit, assets, liabilities, and cash flows. Additionally, an analysis of trends over multiple years and a comparison to industry benchmarks and competitors would help in assessing the company 's financial health and performance.